This could just be the first of many more adoptions of the crypto technology to come. It's looking likely crypto is going to take over soon and it could really become the financial driver of tomorrow. It is unsurprising to see several economies are beginning to take note of its existence. However, it is good to see.
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Not always the case. The perceived shitcoins are actually the ones making several people out there very wealthy. The truth is, you need to possess these supposedly shitcoins in a reasonable level before you can actually profit greatly from them. Even shit coin have their own mooning time. Everything must fall in place for it to make an impact.
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There has indeed been major movements in the market these past few days with several projects showing rapid price appreciation. However, most have fallen almost instantly leading me to believe that, it is all manipulations from the elite causing us to FOMO while they dump on us as always leaving us with regrets. I will advice anyone to leap carefully.
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It could be.. I have seen some nice volume building up over the last couple of days. Showing signs of some major appreciation in terms of fresh investment pouring into the market. Looking like the activities we have been waiting for are finally knocking.
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I have been a strong advocate of crypto regulations. It has become completely necessary and the time to enforce this is now! Several players in the industry have capitalize on the fact that the industry is unregulated to commit several atrocities and crimes ranging from fraud to money laundering. This has become a major occurrence and will continue to be unless something is done and done really fast.
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Very true. Most people think because of Ethereum's wide scale usage, it is now comparable to BTC. Unfortunately, they forget BTC has deep roots and one of the foundation blockchain coins which has garnered massive enthusiasm and appeal over the years. This kind of appeal is what other coins/tokens have struggled to achieve. This has made BTC King above every other cryptocurrency.
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Very true. More than half the projects out there are cheap scams waiting to rip off so many unsuspecting individuals, very much waiting to ambush just about any naive individual. Unfortunately, people keep falling for them uncontrollably. The only thing that can indeed salvage this situation is, if regulations are finally put in place soon enough.
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Dumping creates not just a complete imbalance in the goals of a project, it sometimes leads to a loss of interest from potential investors as the project becomes unattractive to them due to a crash in prices. However, if a project is truly solid, it should rally round and appreciate in no distant time. There is always going to be a dump of prices in most projects as people will always want to take profits. It rests on the project to put things in place to guide against dumping.
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Though there has been a public outcry for the introduction and usage of altcoins, making it look as if there are no other people hopin in the use of SCRs.
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It looks like it and its been showing some signs of a rally in terms of prices in the market. However, there is no clear direction or trend at the moment. It is most likely the whales and huge investors are trying to play around with the market. It will be wise to hold off investing massively in the industry at this since it will be like taking a huge risks.
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Indeed the Internet is a haven for everything one could ever wish for when it comes to information and data. I base most of my crypto investment decisions by exploring this forum and asking as many questions as I possibly can. Also, I consult a team of experts who ensure a lot of research is done on the said project before finally giving it a try albeit with funds I know I can afford to lose. So far, its been pretty decent and quiet.
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This could be one very difficult mission since the appeal of ICOs has almost evaporated. Everyone has now moved pass ICOs and we are at the era of IEOs. One great advantage of ICOs is the fact that, even smaller investors can participate compared to IEOs which requires huge funds to participate. Unless some drastic decisions are taken or introduced into the industry, the era of ICOs may be long gone.
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I absolutely concur. It is for this reason that most projects are now currently adopting IEO. it brings in more confidence on the part of the investors and also helps eradicate issues associated with fraud since most of the projects are veted by the exchanges before an IEO can be conducted. Also, on the issues of price stability, IEO help a great deal in this regard since people tend to buy at a certain price and tend to hold their tokens/coins more than what ICOs present.
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I strongly think the technology is massive and is one that could change the financial industry terrain forever. However, I believe it can be made even better considering that, there are a lot of atrocities and crimes going unchecked in the crypto industry. The industry is greatly manipulated and influenced by those with huge wealth controlling how things are run. If regulations are put in place, I see no reason why the crypto industry wouldn't replace most of the archaic financial services and technologies out there.
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Absolutely.... The current rough patch is most certainly a phase we have all experienced in the past and it will likely pass. The Blockchain Technology and with it, cryptocurrency has come a long way to give up now. It's adoptability is still at the foundation level and will spring up as the years go by due to its overwhelming importance and impact. Its never going to back down.
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Actually, my issue with Decentralized exchanges borders mostly on their non flexibility and directness. I keep finding it difficult to accept them truly as exchanges. Albeit Etherflyer which seemingly has a well grounded interface and design, the rest are actually crappy. Really looking forward to what Binance brings to the table. It could change the view on Decentralized Exchanges forever.
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I don't think it has anything to do with just NEXT holders, I mean, at this point, who wouldn't panic? The crypto industry seems to be driving towards a breaking point with no end to the current bearish trend in sight, it is only normal for anyone who has put in some money into this to be very worried. It has resulted in several people cashing out their funds at the slightest opportunity.
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