i would forget about ALL ALT COINS, and go for BTC. And i tell you this, considering i own ETH and if you invested in ETH that would be good for me.
All Alt market is dead. BTC is going to the moon right now. The rest of coins are just struggling to hold their value. This is nonsense and the prove that people who believe in a recovery are stupid AF.
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Patience has killed more money than communists.
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the market , can go to 0 anymoment at any time.
so consider that your money can evaporate while you are sleeping.
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it all relies on information. It's a trully FALSE STATEMENT TO SAY THE MARKET WILL RECOVER. Just false. YOU!! think it will recover, but that cannot happen.
If you see the market dumping , i advice you to sell. Why? because if the market is gonna dump, you can sell, and then buy when it has gone way down. But, let me tell you something. I would only BET (because this is not an investment, just a bet) money i don't need and can afford to lose.
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the reason behind the fall of ETH for me is very clear: PoS.
to begin with, ETH is valuable because it's in a market. you can trade, sell, buy or mine the coin. That gives ETH the opportunity to speculate the value, and to consider the value of the coin based on the "hype" people have towards this coin. With PoS, a big part of the value of ETH will GO, because the market will not be able to manipulate the price since the coin will be directly attached to the chain, and the operations like selling, buying, trading will be reduce. And mining directly dead.
So, what will be the value of ETH then? JUST THE VALUE OF THE PRESENT, PAST AND FUTURE SMART CONTRACTS SIGNED WITH THE CHAIN. and also consider this matter. The Structure of the chain and the algorithm cannot be changed. They changed it in the past, and that had to lead to ETC because they could not make those changes directly into to ETH network and for that, they had to create another coin and another blockchain.
if i'm not mistaken, Today the Bitcoin network is restricted to a sustained rate of 7 tps due to the bitcoin protocol restricting block sizes to 1MB. Visa has a daily peak of 4.000 and can do 56.000 if needed. So escalability whise, BTC is shit. So why that value?? Market, manipulation and economical interest.
ETH is not performing well. In fact, it's doing bad, really bad. I don't expect anything good from ETH.
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It's been always said, that BTC runs the fate for other coins. The BTC dependance, was positive or negative, depending on the value. But this argument is being proved wrong every once in a while, and this is the time to prove it wrong. Or..... is it that ETH is devaluating so much???
real numbers talk.
BTC:
+4.4% last 24 hours +21.2% last 7 days +15.5% last 14 days +26.2% last 30 days +2.1% last 60 days
ETH:
-0.13% last 24 hours +3% in last 7 days -5% last 14 days -0.87% last 30 days -21% last 60 days
If BTC is said to push all coins why is BTC increasing value and ETH is going down and down??? Real numbers talk. People are selling ETH and buying BTC. ETH will turn PoS in just a few weeks and people know it will destroy its value. There is already a bullrun in this market for BTC. ETH cannot keep up.
Its very laughable to see people talking about the "future" of ETH. Just ignorants talking. Numbers talk, and talk clearly.
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IT'S IMPOSSIBLE TO SEE A HUGE AMOUNT OF PEOPLE SELLING ASSETS FOR 10-12 BILLION DOLLARS. This MOVEMENT CANNOT BE DONE BY USERS. Only by big whales. they are bears, they want to push coins and then crash them, BECAUSE THEY KNOW A BIG AMOUNT OF IGNORANTS WILL STILL PUSH THEIR AGENDA EVEN IF THE MARKET IS DEAD. this stupids, think that, without any reason, the market will recover. They have no clue what they are talking about. They even argue that last year July was bullish so this year July will also be bullish. i've been saying this for more than 3 days now. Because whenever you see a huge increase in very little time thats big whales pushing the coin to drop it once they get their 5-10% profit. Now they are crashing the market. IS IT SO DIFFICULT TO SEE REALITY? ? Forget about WHAT YOU WOULD LIKE THE MARKET TO BE. STICK TO HOW THE MARKET IS RIGHT NOW"
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the market is dying. Those greedy basta..s are seeing the end for their "money for doing nothing",and when ever they feel there is "not enough" they launch this "cyka blyat" actions to get more money
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i would only advice crypto to my enemies.
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btc increased its price 20% in 7 days. ETH only 10%.
But this market is dead. But big whales can still win 5-10% by pushing this little ups and downs believing that stupid people continue buying coins. This world is full of stupids feeding sharks. In the end, youŽll lose it all.
the market is not recovering. Just refusing to die. Today the market will crash again, and will return to where it was 7 days ago.
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chinesse are just mining coins for stupids to buy it.
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this market is dead. But big whales can still win 5-10% by pushing this little ups and downs believing that stupid people continue buying coins. This world is full of stupids feeding sharks. In the end, youŽll lose it all.
the market is not recovering. Just refusing to die. Today the market will crash again, and will return to where it was 7 days ago.
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this market is dead. But big whales can still win 5-10% by pushing this little ups and downs believing that stupid people continue buying coins. This world is full of stupids feeding sharks. In the end, youŽll lose it all.
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THIS IS NOT A BULLRUN!!!!!
IT'S JUST DAILY TRADER'S PUMPING AND DUMPING THE MARKET TO GET THEIR 5-10% PROFIT.
i've been saying this for 2 days now, so this is not "momentary talking". It was very obvious. By tomorrow the market will have crashed to where it was.
DON'T BE IGNORANTS!!!!
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THIS IS NOT A BULLRUN!!!!!
IT'S JUST DAILY TRADER'S PUMPING AND DUMPING THE MARKET TO GET THEIR 5-10% PROFIT.
i've been saying this for 2 days now, so this is not "momentary talking". It was very obvious. By tomorrow the market will have crashed to where it was.
DON'T BE IGNORANTS!!!!
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THIS IS NOT A BULLRUN!!!!!
IT'S JUST DAILY TRADER'S PUMPING AND DUMPING THE MARKET TO GET THEIR 5-10% PROFIT.
i've been saying this for 2 days now, so this is not "momentary talking". It was very obvious. By tomorrow the market will have crashed to where it was.
DON'T BE IGNORANTS!!!!
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THIS IS NOT A BULLRUN!!!!!
IT'S JUST DAILY TRADER'S PUMPING AND DUMPING THE MARKET TO GET THEIR 5-10% PROFIT.
i've been saying this for 2 days now, so this is not "momentary talking". It was very obvious. By tomorrow the market will have crashed to where it was.
DON'T BE IGNORANTS!!!!
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THIS IS NOT A BULLRUN!!!!!
IT'S JUST DAILY TRADER'S PUMPING AND DUMPING THE MARKET TO GET THEIR 5-10% PROFIT.
i've been saying this for 2 days now, so this is not "momentary talking". It was very obvious. By tomorrow the market will have crashed to where it was.
DON'T BE IGNORANTS!!!!
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THIS IS NOT A BULLRUN. JUST A DAILY TRADERS PUSH TO GET THEIR 5-10% PROFIT. TOMORROW, THEY WILL SELL AND CRASH THE COINS ANOTHER TIME.
You've been warned.
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