I don't think we are going to see a big miracle. Maybe there will be a little bump. But for how much? It will depend on the new investors. There will be maybe a little recovery on next year. Investors have lost confidence on cryptos.
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To speculate about crypto prices especially the eth value at the end of this year is quite difficult and less predictable, the value is still going up on uncertain tours, currently still at around $ 170, I don't want to imagine bad things later and just hope the value will rise even slightly.
I must have bad eyes or what? Current price is near $127 and it was near $140 at the beginning of this week. On what exchange are you looking at? It is really difficult to know the price by the end of the year. But less than $100 is a possibility. There doesn't seem to be a lot of buyers coming into the crypto market after this big fall.
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This kind of scam exist a long time ago. Last year you could see thoses kind of messages on Twitter. They just changed one letters on the name of the poster to make it appear like it is a message from the person making a post. They made it on the Twitter of exchanges and maybe some other people. Don't believe in giveaway if you need to send something. You won't receive anything.
They also have accomplices who like the post so it is at the top of the post. And the accomplices also say that they really received the coins. But all is fake.
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Some ICO are asking for continuing their campaigns, but not all of them. But almost all of them are extending their campains and delaying the payment of bounty hunters because of the current market situation. They surely didn't reach their targets. ICO are in the risk of disappearing.
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It could be the bottom, but we don't really know. There is still hope for a little jump after this big crash.
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There is no better. But XRP development did better than ETH on this year. But i don't like XRP as it is a centralized coin. But traders don't care about this, they only look at the price movement. Maybe traders i believe prefer how XRP is moving. But both of them are risky investments. Maybe banks are trying to win the war against cryptos.
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I think that mining on a graphics processor is not a profitable business in the future. I wonder how to change the eth after the implementation of ethereum 2.0
What do you think in the future, mining will only be from ASIC?
Yes, mining is going to be only for ASICs. There is some coins with special algorithm to make them anti-ASICs like Ravencoin or using Monero algorithm. But with Monero, they have to fork the coin after x months. It makes them wasting time on development just for making their coins anti-ASICs. I think POS or DPOS are better than mining coins. Maybe in the future there will be no more mining.
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You should sell after a bounce back, not when it is dropping. Or maybe you are accumulating cheap BTC? But we don't know how high it will bounce back.
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You will only know when a coin is really profitable to mine when Bitcoin has reached the floor. Mining is no more profitable. Except paying more electricity, you won't earn anything. If you still believe that crypto coins can reach a very high value, it is maybe good to mine as it is more easy to mine coins now. But you will have to sell them at a very very high price to expect a gain.
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I don't think cryptocurrency should be taught in schools. It should be taught to people who are interested about it. And it doesn't mean that thoses peoples are going to invest in cryptocurrency. As investing into cryptos is really too risky. Just by looking at the current cryptos market should make people think twice before investing.
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The price of $1500 per BTC is becoming true after each day passing now. There is more sellers than buyers of Bitcoin now. The trust on Bitcoin and cryptos is lost for a lot of people.
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Could be or not. Bonus could also stay at the Banks to be able to pay tax for this year.
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This is the Black Friday week. Are we going to see much cheaper Bitcoin after Black Friday? It is possible. Predictions made by some people at the beginning of this year are going on the opposite direction now. But i still hope we are going to see a little jump of the price after this week-end.
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I don't know if cryptos are going to still be here with the current market trend. There is still a little chance that crypto is going to be mainstream. But it will take some months or years. The hype from last year has disappeared.
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Yes, the cryptos market can still go down. It depends of the demand for cryptos and traders. I hope it won't go down. Nobody really know what is going to happen.
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There is still a little chance for bitcoin price to increase by the end of this year. But it is near impossible to reach the price of end of 2017. As the confidence of a growth is lesser than on last year. People are more careful before investing in cryptos.
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I still believe in crypto. But i believe that some altcoins are going to disappear. But some new one are going to appear too.
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I don't know if it is the real bottom. At $6000, we thought that it was the bottom. But it can also be the bottom. Nobody really know. And manipulators maybe also don't know the consequence of their actions. But some altcoins have a chance to disappear if there is no more trading. As they can get excluded from exchanges.
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It is sometimes not good to take a decision in panic mode. It is better to watch and analyze what can happen after before taking a decision.
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So this is the reason why. I've been searching for the reason. This is why BTC is centralized now because of these mining cartels. They have some power that is well driven by their own will. Decentralization really? So, it is war between 2 whales? But by killing BTC, they are also going to kill their business. Nobody is going to win. I hope it doesn't last too long.
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