The massive creation of Alts can't be stopped. At least for today. Beacuse the main feature of any alts is its open source code. But in future the natural evolution and natural selection will filter the shit coins. Most of all, exchanges where such a coin are placed can put forward more stringent conditions for placement cryptocoins.
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Now price of Ethereum Classic is recovevred. I think dump was connected with testing new features in ETC blockchain because of what part of the blockchain capacity was idle.
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I don't agree with the mention that bounty hunters dump their coins. Bounty only is the part of whole project. Usually - no more than 10%. How this amount can dump the price of token? Much depends on the main goal of project and its staff.
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I do not quite agree with the author. Of course, the information and observation the market is useful. But, at the same time, author says that market is unstable. Which means sometimes we need to take risks to make some profit. Without that you will stand still.
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I have a KWhCoin token, the price has fallen greatly since I first entered the exchanger, but at this time the coin has been listed on Coinmarketcap, will this affect the increase in the price of the token?
In my opinion the fact of siting your token on CoinMarketCap will bring the price up. This often happens but the price is depending not only the CMC.
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One should learn on their past losses. Look for predictions, study new information about cryptomarket and just moving on. If you lossess are connected with long-term invetment it is necesseary to look for day trading and vice versa.
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Usually such a behaviour is normal. BTC rises - ALTs fall. But after that ALTs go toward the BTC trend with some delay. That's why there is no causes to panic.
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- What are the evaluation criteria that you use to invest in an ICO? - There are many failure ICOs, do you believe to continuously invest in the next ICOs?
First of all, I pay attention to the staff of project. The staff sholud be not so big, but there must be developers, SEO and economists in equal proportions. Sometimes it happens that owner of one project take part in previous successfull project. This is a good sign for you. Secondly it is necessary to estimate the adequacy of objectives. And then the main goal sholud be clear for you.
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I think the main reason is impossibility to track transactions within the state. That's why gornments pass laws that impose tax levies on each transaction. But banning is the last step. However I don't know how is it possible.
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Dear forum participants, I think it's time to introduce restrictions on the ICO. The reason for my proposal was a huge number of fraudulent projects that are hiding with investors' finances, don't pay bounties compensation when the desired amount is reached, etc. I propose to create a verification system that will become an intermediary between the investor and the ICO.
This is good idea. But I don't sure that such a control will be realized somewhen. First of all, restrictions to introduce verification is unproofable of ICO aims. In my opinion, it is better to compile a billof recommendations for potential ICO investors. And then this bill should be posted, at least, on our forum as attached topic.
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As for me. I against the KYC at the airdrops. Airdrop tokens should be free for charge becuase this is promotion. The aim of airdrops is to share some project to wide community. KYC kills this aim. But as for ICO that control may be usefull especially when developers return funds to their owners.
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Now it is difficult to make even short-term predictions in contrast to the first quarter of 2018. The stable market condition has been established for a while, which fluctuates in different directions. Perhaps we should expect a small increase in late autumn. But, it's unlikely to be a repeat of 2017...
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Cryptomarkey is really green for today. It's better to say that it will be go out from stagnation. Let's see the tendation at nearest future, may be some alts do the weather on market.
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I'm actually new to this industry and i want to earn some money without putting some in the line(A.K.A investing) and i doubt myself that i could actually know how to manage my coins is there any way to earn money that would kick start me in this industry?
Hi! If you want to deal with cryptoindustry closely I recommend to study a lot about mining, day-trading, long-term investing. You should know the basis of blockchain technology. And of course look information about recent Bounties and Airdrops. But, in my opinion, the last two are not so profitable. Good luck!
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I think that for today Monero is good only for short-term trading. Its global price (on long term-peroid) is very unpredictable. A year ago it was a super investment. Now I prefer other coins.
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Such a logic doesn't work because there is a few coins which has the same level of stability like BTC. But these coins follow toward the BTC price steb by step. Threrby you will have no profit.
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I'm not sure that we should hold our cryptos. Short-term trading is rather profitable during "red period". But I'm worried by the stagnation at cryptomarket. That's why some trading prediction are not correct. It is necessary to keep ears open.
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I finally agree with this image. My own experience says me that there is a few great ICO's. Most of them usually stop at the pre-sale state.
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Of course now it's better to hold your cryptos and tokens. Not for fiat - now is the time to buy main players: top 10 coins. After 2017 we observe stagnation of cryptomarket. I think investors wait for the breakthrough in blockchain technology.
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I have more doubts that ETH will reach this value. The last dynamics of cryptos in all shows that there is no tendency to rise the value of main players (BTC and ETH). But I still hope that most stable coins will increase at the end on 2018 at least 20-30%.
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