Scammers in the crypto ecosystem feed and thrive on the ignorance of people who have little knowledge and understanding on how the entire crypto space operates and the security precautions used and needed in this space. They utilize your level of ignorance to their advantage and scam you off the little you have in your wallet. Once you allow yourself to be ignorant of certain basic things of the crypto space, you will definitely be a victim.
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From the observations I have made on Exchange platforms been hacked, most often hackers responsible for the hack are normally not caught. In as much that transactions made by the hackers are been traced, majority of these transactions trace led to a dead end. Considering the recent hack on the binance exchange platform, the wallet containing the stolen Bitcoin has all the transactions made but its difficult to trace and identify the hackers behind the hack.
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Why will people waste their time to compare Bitcoin to Gold when both are two different investment tools in the financial space. Tangible investment assets can't be compared to digital assets that can't be touched. Bitcoin is no way a new gold. The rate at which the market value of Bitcoin either decrease or increase is no way similar to that of Gold. In as much that Bitcoin is a investment tool, it can never be regarded too have similar characteristics as Gold.
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People should not be worry, recent dump was just to retest Bitcoin supports, not because anything bad and it was proven by Altcoin.
How sure are you that the massive increase in the market value of bitcoin was just to retest Bitcoin supports? In as much that Bitcoin's market price increased unexplainable, your assumptions can't be accepted to be the reason for the increase. I do agree with you on the fact that Bitcoin has the possibilities of hitting $11k. I see this happening in either june or july of 2019.
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If so, the right time to invest is now.
Bitcoin is like the central core of all cryptocurrencies that has a massive influence on the market value of most of these cryptocurrencies. Considering the recent increase in the market value of most altcoins, now is the perfect time to study and research on what altcoins that will provide you as an investor to know what altcoin to invest in. The current raise presents a good opportunity to invest in any good altcoin.
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I ve seen many threads asking whether we are entering into a bull run or market will crash again. To me, the bull run is already here but it takes only experience to identify it. One key characteristic of the bull run is that, every drop is an opportunity to buy. During this period, the probability of earning profit from your investment (whenever there is a drop) is far higher than the probability to lose. Don't sit down and wait till Bitcoin hits 20k again before you realize we are in the bull run. Try and make enough profits now that the market is booming before its too late.
We are not in the silent bull run. Looking at the current situation happening in the crypto market, I describe that as the beginning of the bull run. We are currently at the starting point of the bull run for 2019. The bull run has too start from somewhere and end within some period of time. This presents a good opportunity for investors to take advantage of this current situation of the crypto market to maximize their profits out of their investment.
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The crypto ecosystem is full of surprises. In as much that Bitcoin's price reached $8k, there are huge possibilities that the price will either move up or drop. The crypto space is made up of unpredictable possibilities in relation to the rate at which the market price of Bitcoin and other cryptocurrency changes. Currently, the price of Bitcoin has dropped to $7,935.74 according to [coinmarket]( https://coinmarketcap.com) and it might either increase or dropped.
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Considering the current raise in the prices of most of the top cryptocurrencies, my top altcoins lists are Ethereum, Stellar, litecoin, Bitcoin cash and Ripple. These crypto coins have good investment return profits which are about 10% to 50%.
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Will Ethereum drop below $240 again do you believe?
I don't really think I will agree with you on this. Looking at the current patterns in the trading trends of Ethereum in the crypto market, there is a low probability that Ethereum will drop below $240. I see Ethereum crossing $300 before the month of may comes to an end. You should spend some time monitoring the trading patterns of Ethereum, that will help you understand and know the possible market of it within the next weeks or months....
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Bitcoin is not money.
It is more an artwork with 21,000,000 limited editions. And each limited edition contains 100,000,000 limited pieces. (satoshis)
First and foremost, I don't think you really understand what the true definition of money means. Bitcoin is a financial tool which operates and function similarly like money. Money in my opinion is anything that can be used to exchange for goods and services which is also recognized by a large group of people and the entire world. I think you should rethink your opinion about bitcoin and spend some time to research and understand what Bitcoin actually means.
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The sudden drop in the price of Bitcoin was meant to happen considering the patterns in the trading trends of it in the crypto market. Only strategic and well planned investors and traders who have really monitored the crypto market could understand and take advantage of the drop in the prices of most top cryptocurrenies...
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Based on my personal observations, I don't really think people creating new coins with the attempt of developing a coin that can solve the drawbacks seen in Bitcoin have the intention of killing Bitcoin. Most of these projects use Bitcoin's algorithm as their base code to develop their coin on. These developers are very aware that there is no way Bitcoin can be killed.
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IEOs are indeed an upgrade version of ICOs but there is some amount of differences between ICOs and IEOs. with IEOs, a third party is involve in the sales of the coins or tokens and this third party is given the total control over the amount of tokens or coins to be sold during the crowdfund. This means that the third party ensures that the project is not a scam to just steal money from investors. This is the major significant difference of IEOs from ICOs.
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According to announcement of chain link, the decentralized oracle provider will launch on the Ethereum mainnet on May 30th.
And other side market cap is also $25.80 billion, which good thing. So I think price will go up for surely.
Guy's, what do you think about this ?
Considering the patterns in the crypto market with regards to the changes in the market prices of Ethereum and other significant crypto coins, the price of Ethereum will not increase as much as people in the crypto space are expecting it to be. The highest market price I see Ethereum hitting before this year coming to an end will be between $300 and $400. In as much that there will be an Ethereum mainnet launch, That has no significant influence on the price of Ethereum.
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Nowadays many ICOs offer free coins, but we have two problems with this free coins, the first one the value of this coins will drop after start trading due to a lot have free coins willing to sell it, and the second they ask for your ID (KYC), and i think it is very risky to send your IDs to any one.
I will never waste my time or sell my identity for free coins which are normally not worth $50. Such projects looks too risky for me to exchange my personal details for their coin. In my personal opinion, KYC should be only done by investors who purchase huge amount of the tokens or the coins..
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personally, I think Ethereum is currently the best coin to invest in considering the state of the crypto market. Although there are relatively good coins to invest in, Ethereum presents a low risk looking at the trends at the patterns of the changes in its market price within 24 hrs and the profit margin of about 50% of your investment capital.
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Bitcoin currently is consider as a financial asset than as a digital currency so it will be very hard to see people buying coffee with their bitcoin. Personally I will never use my Bitcoin to buy coffee because it will expensive making the transaction. I invest in Bitcoin rather than using it to make purchases of goods.
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Feel free to submit recipes. I'm leaning towards John McAfee's Dick Under Glass.
hahhahaha.. The crypto ecosystem is a free space where people can just share their thoughts regarding any cryptocurrency in terms of its possible market value within a certain period of time. I highly doubt that Bitcoin will be trading above $100k by the end of 2019. For the recipes, I think ginger and garlic will be perfect for steaming John McAfee's Dick lol
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it is never too late to join the ride to experience of the bull run. Every new day is an opportunity to take advantage of the current situation of the crypto market. All you need to have is knowledge and understanding regarding the state of the market and a good strategy and plan to ride in the bull run.
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Ethereum is currently one of the best crypto coin to invest in. There is no doubt that the market value of Ethereum will be hitting $300 soon looking the current trends on the crypto market. The bull run of the crypto ecosystem has began and most altcoins prices will be hitting the moon soon. From my current observations, ethereum will be worth $300 plus before the month of may ends.
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