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Libra project doesn't seem to go very well. There is still some support from companies already in cryptos. But i don't think we will see a new coin from Facebook. The hype of Libra was just an excuse for whales to pump the price of bitcoin.
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For the moment, i don't really see the next bull run. Yes, people have pumped bitcoin with their altcoins. But it is not a real bull run.
I still have not really see cryptocurrencies being used everyday. Blockchain is maybe already used by banks, but they won't accept cryptocurrencies. Only in some poor countries it can maybe work for an adoption if their politicians possess a lot of cryptocurrencies.
If there is a bullrun, i only see that it could be like in 2017 with shitcoins going to the moon too as cryptocurrencies is only used by speculators.
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It can be a good idea or a bad idea. It depends if you bought the cryptocurrency at the right time or not.
It is better to learn what is cryptocurrency and how trading works before buying cryptocurrencies.
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We can see that Dash, ZCash and Monero are still in the top exchanges. Governments are surely against privacy-oriented cryptocurrencies. But they will always exist if cryptocurrencies don't die. There will be always some people who are going to create new privacy coins or buy the old privacy coins.
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Cryptocurrencies are now mostly only drived by the speculators. And they don't care about the development of the technology and only want to get more profits. That's why you are going to still see bitcoin and the top coins to still be at the top. It can change, but it will need more time and it will need that the whales decide which coin is going to increase in price or not. And thoses new coins need to make a bigger effort in their marketing to make them more known to the public. The old ones don't have to make any effort, as everyone have already heard about them.
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No, it is surely the investors and speculators who killed ICO. Because they immediately sell their coins if they have a little profits or if they are afraid that the token lose more value against bitcoin or usdt. That's why all alcoins are falling. It is not just a problem of ICO.
And sometimes maybe because the ICO team sold a big part of their tokens for usdt or bitcoin. Bounty hunters have very little power to make an ICO fail.
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Before buying cryptocurrencies, your friend should have learn how does trading work by trying trading with a demo account on some exchanges. And you can't always win immediately. He should study more about how cryptocurrencies work too and be patient before taking a decision. And he should accept the results of his actions.
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Bitcoin for me is not a store of value and is just used by speculators. For the moment, i don't see how you can convince people that it is a store of value. It needs the approval of all governments and all banks. If not, it will never be a store of value. And why should it be a store of value? I don't see why it should become one as it has the same functionality as other altcoins. It is just a virtual currency.
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I don't really know which exchange is the best or whatever. The only thing that interest me is to be able to sell the coins at an exchange with a volume of exchange which is enough for the number of coins i want to trade. I am a small coins holder, so it doesn't have a big importance to have a very fast exchange. Slower exchanges sometime are better as you can anticipate the price movement and you have more time to take a decision. But if you are a professional day trader, a fast exchange is surely important.
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I would be very surprised to see ETH hits $4000 in 2021. With an unlimited number of supply and with so many new altcoins coming out every day, i don't think that it is possible. Good luck if it is your goal.
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I don't think so. Not everyone want to take the risk and want to learn how trading cryptocurrencies work. I only see speculators having cryptocurrencies.
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A pump of altcoins will need a dump of the price and dominance of bitcoin. We can see that the dominance has fall a little after the dump. It means that the pumpers are using altcoins to pump or dump bitcoin. The market is going to be stable until more money is poored into cryptocurrencies or leave the cryptos market..
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No, it will still be tradeable. It will depends on the miners to still be able to make transactions. They are going to only be paid with the mining fees. Some coins have already been completely be mined. That doesn't guarantee that the price is going to increase more. Some have lose more value.
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No, it doesn't seem to be the great pump. Altcoins were starting to make some gains against bitcoin, but it didn't last very long. Bitcoin is still the favourite for the speculators. But i don't think bitcoin can do a lot better for its dominance compare to altcoins. We will see what is going to happen. But the current crypto market does not look very good for current altcoins. Bitcoin needs to fall down to really see an increase of altcoins. Current bitcoin dominance is 69 percent. Dominance of 70 percent was its maximum. If the current pump is made by altcoins holders, bitcoin increase won't be very high. Maybe it can reach 11000 usdt?
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You can choose altcoin form the top 50 ranks in coinmarketcap! At this moment, new coins are risky. Because after raising funds, ICOs projects are stopping progress, therefore most of the ICOs are showing the fake raised fund in their graphic ICO timeline! So, you should avoid new altcoins, because you will be failed to find 10 good altcoins from the 100 new altcoins list!
You are going to witness more exit scams of ICO or IEO, because current investors are speculators are only interested to get more bitcoin. The only way to save their money for thoses companies are exit scam before the dump of their coins. Don't you think? New development of the blockchain don't seem to interest thoses speculators. I am against thoses scams, but i can understand why we are going to see more exit scams. It is actually better for thoses companies to do exit scam or never enter the crypto market, else they are taking the risk to lose money. |
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Now ETH prices continue to decline and reach $183 and it seems that the negative trend will continue to occur in the future some time, So, I think this is the right time to buy a number of ETH and make assets for the long-term, because I am sure if price bitcoin will increase later of course ETH prices will also increase.
ETH will go and increase back after Bitcoin showed much higher than the last time high, you can take this opportunity to buy more and store your assets inside your safe wallets and wait for another rise, you always needs to be positive so you can have a better results, take every steps and enjoy waiting. Don't dream, Bitcoin won't increase so much. It has already 69 percent dominance. It is altcoins holders who are pumping bitcoin. When altcoins fall lower bitcoin can increase. But people are killing the crypto market by doing this. If bitcoin don't fall, don't expect any rise for ETH and altcoins. Current speculators only concentrate on bitcoin, usdt and some coins linked to the exchange they are playing. Cryptos has no future if it continue. |
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Last time i have heard about people getting paid in bitcoin was when the price of Bitcoin was starting to fall down in 2018. It was a way for the company to drop his cryptocurrencies who were falling to his employees if the company know that the coin price is going to fall down.
It is a win situation for a company, as they don't have any exchange fees and can put the price they want to the cryptos salary. They can say that the current price of bitcoin is locked at $11000 to pay their employees less money. But just a few minutes after the price can fall lower.
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A lot of projects are now worthless in term of value for their coins, because people now only care about bitcoin. Look at the dominance of bitcoin. Is it normal for you to have 70 percent market dominance for one coin which does not do anything new compare to some new altcoins? Most people are only here for greed and not about the development of the technology. Some projects are doing excellent work, but their tokens are worthless. Look for exemple at the Ambrosus team. They have an excellent team. But nobody care about their token now. I would say, it is not worth for new companies to enter the crypto market. Except if they make a scam exit as their tokens are going to be dumped hard after the first pump of the coin. Because people now are only buying bitcoin and not because the team want to develop an excellent product or not. Only coins which are created by an exchange are doing good. Because they give some advantages to thoses traders as lower fees or permit to participate in new IEO which get dumped hard after too. If this continue, cryptocurrencies are going to die as there is too few real investors to develop the new technology. Continue like this and buy only bitcoin and we are going to see the fall of all cryptocurrencies and not just altcoins.
I’ll just leave this here. https://amb.money/ Amb is profitable (around 50% ROI) now with about 20% staked already. Thanks. I see that the nodes are profitable. But the mainnet coins are not available on exchanges, no? As the swap was only for people who had enough coins to make a node. You should take into account the cost of the node too. And compare to its starting ICO price, its value has diminished. From $0.30 to $0.02... So, i won't say it is profitable. It was a little profitable on its first year, but after that no. |
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i still dont get why bnb would takes ETH over ??
eth has nice platform and dapps , what has BNB ??
BNB is a nice platform as well, it has its exchange which is very popular, meaning they are operating profitably and we can see that on how BNB has growth. People are looking on the future potential of BNB and if only ETH has perform this year, they would not thought of this possibility. Binance has its own chain, and that will compete with ETH, in fact, when compared their DEX which is relatively new, it's more popular now than any ETH tokens DEX and it has the biggest volume compared to the total number of volume in ETH tokens DEXs. i've been for a while on cryptoland, i do not trust exchanges anymore, anytime they can close the exchange and run away with coins/ money ... what will happen if they AGAIN get hacked ?? last time they had spare and now ?? binance is a trusted one . if ever they want to close they will make an advance announcement because they dont want to scam thier users as they already gained the trust from the public . sure they have been hacked once but i heard that the funds are recovered or have been refunded by them , so no worries . i think they can do the same thing again and now they now have upgraded thier security into a new and solid one . Do you really believe that? If they close it will be like other exchanges who closed their doors like Cryptopia. You are going to know it had closed with a news on some bitcoin news website and it would be too late for you to withraw your coins. |
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There need to be a big crash of bitcoin for altcoins to recover like in January 2018. Altcoins are surely going to crash lower if this happen, but the equilibrium of the dominance has a chance to return back to a normal value.
In 2017, people were trading bitcoin vs altcoin and the dominance of bitcoin vs altcoins was reasonable. But now, people are more concentrating on trading bitcoin vs usdt and are selling their altcoins for bitcoin. Selling altcoins for bitcoin only help to pump bitcoin and the increase of dominance of bitcoin. And they are buying bitcoin near or at its highest current price. Some of thoses people are surely losing by doing this, but they are still dreaming that bitcoin is going to reach $15000 or more because they look and believe in the fake news made by whales.
Current people only care about money and don't care about the technology. Maybe some of them have never use a crypto wallet or send a transaction on the blockchain. They are destroying the purpose and the development of the blockchain technology.
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