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The big question is whether their stance can be trusted or not. In the past, the South Korean government had made so many u-turns regarding its crypto regulation policy. At least on two occasions, this crashed the exchange prices in the exchanges.
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You have only yourself to blame. I have been a crypto-currency user for the last 6 years. Even now I am doing my regular job, and spending time on crypto whenever I have time to spare. You need to balance both of them.
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I was really lucky and I sold some of my coins at a price of $6,300 just a few hours before the crash. The market conditions indicate that a recovery is at least a couple of years away. So it won't be a bad idea to sell some of your coins now.
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No one really know when the market will turn green again, a lot of investors are betting that Bakkt will get us right again, doubt it. Who knows.  Bakkt is just another over-hyped venture. Bitcoin needs something bigger. And right now I can't think about anything like that, at least for the next 1-2 years. So I won't be surprised if the prices stay down for another couple of years. |
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I am more worried about the fall of ETH. Now it has slipped to third place (in terms of market capitalization), behind both Bitcoin and Ripple. And I am actually worried that XRP is not falling as much as ETH.
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I've been around here for a while and the current scenario reminds me of what happened during 2014. We had hit the ATH in 2013, and after that there was a sharp correction lasting for almost 3 years. I am afraid that the scenario is repeating.
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Knowing that you could get free coins from Airdrops, would you exchange it once you got the coins or hold it until the vslue rises up?
Even I have participated in dozens of airdrops and received tokens in some cases. Usually I convert the majority of the tokens to either BTC or ETH as soon as I get them. Because less than 5% of these tokens will be successful in the long term. |
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I have read many posts condemning the impatience of bounty hunters who sell off rewards as soon as it is received.
My question is, can bounties run and achieve success on their own without Hunters? This is a very stupid question. How can a bounty campaign be run, if there are no bounty hunters? But right now the bounty campaign managers don't need to worry about that, as there is an over-supply of bounty hunters in the market. |
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In any ecosystem, be it in nature or business, there is always a competition. And most often than not, the best always rises to the top. And here in our crypto ecosystem, a competition do also exist. Between Bitcoin and Altcoin. We all very well known that bitcoin, being the first and most proven cryptocurrency already took the center stage in crypto market. Now that altcoins came into the picture, where does it really stands? What will be the selling point of altcoin that will eventually led the bitcoin enthusiasts to finally switch places?
As of now, there are thousands of different altcoins circulating in the market and none of them has the capability to overtake Bitcoin. But that doesn't mean that in the future such a scenario will not arise. |
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This is the most ridiculous post that I have read here in the Altcoin section for a while. But that doesn't surprise me, since the OP is a noob without a single merit point. Why we should be contended with whatever scraps the bounty manager throws towards us? We are not beggars. We are demanding a decent salary for the job that we are doing.
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Most probably in this section are users that are interested mostly in Economics, so I want to know why Economics attracts you? It is not surprising, given the fact that most of the new users are attracted to this forum since there is a chance to earn passive income. If your economic knowledge is good, then you will be able to better manage your money. |
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I still believe, despite the huge loss from the fall of the market, but I still believe that Crypto will definitely rise again someday.
Huge loss? You would have incurred huge loss only if you had made the investment during October-December 2017. Look at the charts. BTC is still some 700% up when compared to the prices that we had 18 months back. |
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These sort of articles are very much one sided. For every argument the MSM puts up against digital currency, I can come up with 100 arguments on the contrary. What about the forests which are saved when we shift from physical cash to digital cash?
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The governments can't regulate the digital currencies, since most of them are decentralized. However, it is possible for the government to regulate the other sectors which are related to these currencies, such as exchanges and ICOs.
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You can't classify anything even remotely related to crypto-currency as 100% safe. Obviously there are some risks involved while investing in them. So make the investment only if you can afford to take this risk.
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Not overnight. Crypto is quite similar to other forms of investment. If you want to get a positive return, then you should be prepared to stay away from panic selling and keep your coins in cold storage for some time.
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Got in at the height of Jan this year and all holdings lost more than half from the previous peak.
Very frustrated and was afraid that crypto will be zeroed out, so sold at massive loss more than 50%+ realized loss
After sold last week, all coins came back up 10-20%, even more frustrated, what to do?
Now the prices are going down once more. If you regret about your decision, then it may be a good idea to buyback at least some of the coins, before a market recovery takes them to an unaffordable level. |
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If it was possible to earn 10% everyday, then no one in this world would do any other work and everyone will be trading 24x7. So my advice would be to keep your targets at a realistic range, like 10% a month or 100% a year.
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The answer is quite simple isn't it? The number of transactions will be limited and this can either result in one of the two scenarios. The first scenario is that the transaction fee will skyrocket and users will be paying $100 or $200 for a single transaction. The second scenario is that the number of users will remain constant or even decline, as users will move towards a scalable coin.
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Well.. a lot of people have heard about it. But that doesn't guarantee you anything. That could mean that the majority are opposed or hostile to Bitcoin, as the number of Bitcoin users is only a fraction of this 80% figure.
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