The problem about Ethereum is that scaling it is really difficult. Not sure if these problems will be solved, the only thing I'm sure of is that if it fails, it would be 10x worse than the Bitconnect fiasco.
With POS coming Ethereum will more than double its transactions per second and with Plasma coming it will take that to astronomical rate per second. And even if Ethereum fails there will be a fork which will save it.
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There are many ways to differentiate between all the altcoins. E.g., you can differentiate them based on their mining algorithm. It can be Proof of Work, Proof of Stake or the new way which is DAG. You can also differentiate based on their use cases and their target markets. Like Bitcoin is a store of value and payment system while Ethereum is a platform for decentralized applications.
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I don't think that the news has affected the price of Bitcoin. The market is just too volatile right now with the price jumping between $6k and $11k. At most it could have caused a down ward pressure on alts but I don't think it could cause a drop in price for Bitcoin.
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Instead of ICOs you are better off just investing in already established coins with great fundamentals and good dev teams working for them. ICOs are nothing but smoke currently. Most of them are scams anyway. This is your hard earned money you are investing so you need to be careful with it as the crypto market isn't regulated and there are a lot of people just waiting to grab your money.
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The last time I read it was 47% so I guess the failure rate has increased. None the less with the amount of copycat ICOs being launched no shit that these projects are failing. Many ICOs launching currently are nothing but ponzi schemes. One needs to do a thorough research before investing his money in ICOs now a days.
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Before investing in a coin you need to do your own research and once you trust the coin enough you need to invest in it and forget about your investment. Now don't look at its prices again and again as your are going to panic once you see a sudden drop in prices. Thats just a way for whales to make you panic and sell your hodlings to them.
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Just cause your friend is recommending some coin you are going to invest $2k in it? Does that make sense to you? Did you even do your own research? There are too many red flags to think about investing such a large amount of money into a coin. You are better off investing in coins like Bitcoin, Ethereum or NEO.
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Just cause the cryptocurrencies are in the red doesn't means that the demand is going down. The price currently is going down because it is correcting after a mega bull rally. If you believe in the tech then you don't have to worry about short term down falls, the market is bound to recover.
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Its quite simple to understand it. The price of altcoins is tied to the price of bitcoins. Thus when bitcoin goes down the alts go down with it. Just wait for the bitcoin price to stabilize as thats when the altcoins prices go up. Also the reason for bitcoin prices going down is the MT GOX trustee dumping large amounts of bitcoins on exchanges directly, which put too much down ward pressure on the order books.
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Just cause the price is dropping doesn't means its the end of something. The crypto markets have went through some mind blowing rally in the past few months and you cant expect the price to just keep on going up. The correction was going to happen at some point.
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IOTA doesn't uses the blockchain technology but tangles. It is a DAG coin. The best thing about IOTA is the fact that it grows stronger and faster as the coin usage increases. Which means the more the users, the more secure the coin is. Also since its fee less all the coins with transaction fees don't stand a chance to compete with this coin.
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Buying during the ICO is like walking with your eyes closed. No matter how promising a ICO looks, you can never be sure that it is going to turn out as is being promised by the dev team. You should rather wait for the token to hit the market and let the devs show a working demo of the product before investing a single dime in it.
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Theres nothing left to call it a portfolio anymore but I would rather hodl to zero than selling it at the current prices. This downturn was expected as the price wasn't going to go up forever. If you believe in the coin you invested in than just sit back and relax and let the market stabilize.
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If by offline you mean desktop wallets and by online you mean web wallets than yeah off line wallets are much better due to security reasons. Off line wallets are always going to be much safer cause only you have access to the private keys,
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Even after going through such a big rally anyone thinks that bitcoin is dieing than they need to get their head checked. The recent rally was a proof that bitcoin is here to stay and still the king of them all.
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What younger generations want is volatile assets who make some price action. They get bored with the traditional investments and want something that is more active.
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In my opinion, I do not think ETH would be the best coin in the future. I think Ripple, NEO or Litecoin will be the most potent and powerful pennies in the future, which could overtake BTC in the next few years. These currencies are now accepted by other countries in payment. And they have more advantages than ETH.
Apart from NEO both your recommendations are shit coins. Ripple is one of the biggest centralized coins whose founders have locked most of the supply away and Litecoin is something with no future. Fee based transaction coins have no future.
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Yes they are good in the sense that they bring everyone to the ground instead of on their mars rocket. Corrections are needed for a market to stay sane.
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No matter how good a ICO looks in its whitepaper. You cant really tell if its legit without a working product. With the amount of scam ICOs popping up I don't think its worth the risk to invest in an ICO.
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Its not the bandwidth that matters but the hash power of your miner. And if you can afford a miner than I don't think you would care about how much bandwidth is used.
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