At some moment people had a hard expectation over ethereum, and things got changed going opposite to the expectation users had over it. Possibly now and forever there is no more chances for any altcoins or new coins to overcome bitcoin. It could have taken place long back, if it is achievable.
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Cardano is being developed in a stage wise manner. Right now only a single stage is being developed, over the years there were more and more to be developed over the cardano. This will make it more stronger. Considering the growth of neo I believe cardano will succeed in terms of growth.
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Not really, altcoins have their own values and I believe that. Even though the price of altcoins is very far compared to bitcoin, but with its current value I really appreciate it.
Each coin has got its own value as mentioned above, but when there is a market blow these altcoins suffer big தான் the top listed altcoins. Users who were good enough with trading make use of it holding large volume, because these assets used to pump in a large scale at times.
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As more than 95% of ICOs are running on ETH platform some of the ICOs started selling ETH these days to cut their losses. This generated a further drop in the price of ETH, It looks like stabilizing and a $50 price for ETH will remain a dream forever.
The market for ethereum keeps growing along with growing ico community. At times this itself getting to be an issue for the growth of ethereum makes people ignore ico and concentrate on top listed altcoins. From my view ico's were a must which were contributing good to the entire market capital of the cryptocurrency.
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I don't think that cryptocurrency is changing the world, but the technology has made it more popular with the success story of bitcoin. The change hasn't started in a large scale, little by little people have begun to accept and adopt technology. This itself serves as a good change.
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Op has given a description about the bullish market, bearish market and the flat market. However we examine we cannot conclude what kind of market situation is prevailing at this moment as the fluctuations of cryptocurrencies were takin place leading to fall in value as well to growth in no time.
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Ethereum is one among the prominent digital asset that we've got to use. Next to bitcoin in terms of market capital as well in terms of global acceptance ethereum stays strong. The price fluctuation is experienced big over the ongoing year and possibly the year end will mark a big growth to it.
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Yes, those quoted by Op were the key factors making online casino industry flourish with cryptocurrency. Gambling industry has a big role in the growth of cryptocurrency, in specific with the growth of bitcoin. Because, during the early days of bitcoin it was mainly used into gambling and later the usage got diverted to different forms.
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The market has opted users the choice of accumulating as much possible, as the price of each and every digital currency has fallen low and some has gone beyond limits which could've never been a expected thing. Overcoming the panic waves will lead to massive growth profiting long term.
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Big expectation over bitcoin is found and I'm not sure to which extent this is gonna happen in reality. To me, the price of ethereum grew big by the days of January. By that time the massive adoption and the market was flood with more investors. Now everything has decreased drastically. To the users expectation the price continue to fall rather than moving forward. As some users stated, this might give an year ending price pumping.
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It is true that e-money investments bring you a lot of money. But not everyone is capable of doing that. Those who lack the knowledge of electronic money if hurry to invest money is dangerous. You need to know the market situation if you reduce the price you can stop investing in crypto.
How can a person trade if he refuses to learn the stuff about trading? Only those men that are eager to work hard, ready to lose sometimes to gain later, who are very ambitious and resourceful can deal with this business. That's why crypto trading is not for everybody. There will be people like you who'd gladly take risks and there are also those that can't afford losing capital or holding their money for a long time. Better to find other investments if you're not willing to make high risks because crypto won't be for you. As in the above quote crypto market is highly associative with risk. Unpredicted market changes will happen in no time, and the same will lead to massive loss. This can be overcome by users who has got the better understanding as well the capital to loss and gain experience to gain profit in the further trades.
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Because of social media. Cryptocurrency promote everywhere around the world and become popular. More and more people are curious about it. And they want to explore what cryptocurrency is.
This is the mentality among limited number of users, while there are users who use the same social media to promote cryptocurrencies negatively. This at times has led to the growth of cryptocurrencies, because negativity gets spread much easier than positive things. Also the negative part gets initiated with the scamming process making use of social media.
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Bitcoin's growth began in early 2017 and then it touch 20000. Bitcoin's largest growth is due to the ability to trade with tether dollar. With this growth, a huge growth in ICOs appeared. Nowadays about 30 ICOs are added to the market. This huge volume of ICOs, has taken the power of bitcoin growth. Like weeds next to a tree. Bitcoin will not grow until ICOs exists.
Well the tree still grows even when weed is around the tree. Also Bitcoin did not started growing in 2017 but in October 2015. That was the tipping point of Bitcoins growth. There will be ICOs all the time: And no matter that Bitcoin wills tart growing somewhere mid next year. Slow but steady. Don't know what is gonna happen with the cryptocurrency market next minute, everything seems to speculative and people come up with predictions based on the growth and the spreading that is taking place around the world. Users have been expecting for a good price pumping by the ongoing year, and till date nothing big has got initiated. Maybe the hope of the users will make it progress as it is flexible to the speculations surrounding it.
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Use of cryptocurrencies into any business by now will not be profiting big, but to me bitcoin is an advancement and the same into business will surely profit on long term when the usage across the globe increase as more and more people are much active on business associated acceptance.
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Trading is first of all unpredictable, and upon that factors making it get destroyed were the lack of analysis. When one lacks in analysis or makes a wrong calculation on the analysis automatically one never gets the expected results. Next is the dependence on luck, some used to make buying and selling upon luck, which is not successful every time.
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Many people are waiting for the market recovery to sell their coins but I bet you,as soon as market recovers ,they will feel reluctant to sell.
As a daily trader, it was normal to hesitate on selling your coins because everyone wants to earn profit and there is always have a doubt if the price might increase even more after a few months. I don't think this to be the mentality of a day trader. A day trader intends to make profit even when the price fluctuates generating a profit from the marginal difference. Hoping for a price increase is the common thing of users who consider it a investment than a tradeable asset.
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It is great, and this being great will never be accepted by any of the users who were new to the cryptocurrency network. When days pass on, the benefits got through the active participation into the bitcoin network makes users realize the greatness. Even after experiencing good benefits, there are people who state it in the opposite manner.
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With gambling, being successful is possible and this won't happen all the time. To be successful and avoid the losses it needs lot of experience to be gained. In the process of gaining experience massive loss will be encountered. Some leave it in the middle while the one who stays long tastes success becoming a professional gambler.
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