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It will never pump up that high again, ripple has an unlimited supply of coins and a ridiculously high circulating supply already. Also, it's not even a real crypto currency so it is never a good time to buy it
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Trust me, if satoshi moved his bitcoins the whole world will know about it. Half will celebrate that he is stil alive, the rest will simply panic sell - even more than when mt gox moves their bitcoins
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Also there are not-for-profit organisations that will also accept crypto donations. TOR is one example and i'm guessing they receive a lot as dark market users need TOR to do business. I recall reading that an Australian charity released a program where you can mine coins for them as a donation
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It is hard to recover from losing big in crypto, these past few months have been terrible. Just have to think positive and realise that there is a bull run waiting around the corner so just hodl with patience
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This is the reason why ICOs are still popular. It is possible to make an absolute fortune by putting in 1 btc, but you are likely to lose quite a lot before finding that one ICO that can turn you into a millionaire
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The problem is that a bad decision can be very costly and prevent the experience from continuing. Imagine going all in on one altcoin and then seeing the value go down 75%. That is the beginning of the end
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If the governments were smart they would start to accumulate bitcoin and other crypto currencies. They can use it to pay off their debts while their currency still has a use.
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These companies are already worth billions and have no need to venture into the unknown. Line is the first one to try an exchange, if successful i'm sure the others will follow
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This is the reason why we need to accumulate now before it goes mainstream. Bitcoin will be in high demand all over the world so you can imagine how quickly the price will rise when hundred of millions of people start to use it
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It depends on which country the recession is in. For the USA it won't make much difference because the USD is a strong currency. However, in countries like venezuela bitcoin is more useful during a recession as their currency is too weak
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Governments can view the ledger but they don't know who the wallets belong to. Perhaps you would have to assign a wallet to your name in order to be publicly identifiable, and then pay taxes based on wallet income
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There are a lot of smaller exchanges now but you need to realise that there are more altcoins as well. Not all of them can get into binance so they will list on these much needed new ones instead
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The recovery of funds from the bithumb hack is psychologically important because it lessens the impact of the hack and shows that the news is usually just an over-reaction trying to get viewers and clickers. It won't go below $5000, still lots of support at 6k
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Now that we know that mt gox will not be selling any bitcoins this year it is a good time for the market to recover. No fear of mass dumping, so we should be all set for a nice rise soon
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The crypto scenario here is like bitcoin and digibyte. There are billions of digibyte in circulation but only millions of bitcoin. Printing lots of something either money of crypto will devalue its price.
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It depends on the type of alt you are investing in. If you buy a low cap coin like crypviser just before it gets listed on huobi then you will get a bigger return than BTC. If you invest in dogecoin, then don't expect any high returns.
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Tron is doing all the right things to make the price higher, buying bittorrent, forming new partnerships, and burning their coins. Have to give credit to their team, they certainly know what they're doing
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Institutional money is not comming in, not yet at least, those who got rekt buying bitcoin at ATH and then selling at a loss are never comming back, so currently everyone is fishing from a very small pond. The next bull run will be when new money comes flowing in.
This is what the bulls are waiting for, when all the institutional investors join in there will be a very fast bull run. Anyone nursing a loss might be tempted to rejoin in order to recover their losses, but investor money is what makes the difference. |
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I believe the graph is incorrect, we are already at the anger stage and it is bottoming out. It will flatline at around $5000 before pumping back up to new all time highs. The suckers rally is also incorrect, it will be a few dead cat bounces on a long term trajectory upwards
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Very hard to find good small cap projects in the last time, because there are so many project's that are popping up out of nowhere. The most project's that are new are mostly useless. But there are some project's with potential like THEKEY, it is one of the projects that I shill! ACC is also a good one, but the trading volume is very low (Accelerator Network)
I agree with THEKEY which is a real gem of a coin. The price is low, it has a huge market i.e the whole of China, and it is one of those rare projects that has the support of the Chinese government. Lots of potential there! |
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