With the face pace of the space and the rate things change, it is possile the ethereum you make mentioned won't be there come 2020, the major usecase of Ethereum is for fund raising and if the scaling issue is not resolved I thing some of these competing platform will start to share its network effect
I think you are right that Ethereum is being used as form of investment in a ICO, but it doesn't mean that it's the major use case. Ethereum has smart contracts, that's why most ICO takes advantage of this technology. But this can also be used by banks and other industries as well. Yeah, I have to agree with you though with the scaling issues behind it, what with Vitalik and the rest of the Ethereum developers being active behind the scene, I'm sure that it will not fall behind just like what we witness in Bitcoin. |
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Bitcoin has had a very difficult year so far characterized by dips in valuation, The fore mentioned value is attainable considering the potential BTC has but it will take sometime to get there.
Correct, although we have been struggling in the last 3 to 4 months because of government hard stance against crypto and too many FUD popping everyday like mushrooms, it would still make sense that bitcoin can recover and bounce back. But as far as $35K, I don't know if that is possible this year, it's like 5x or 6x of the current price so that is huge amount of money to get into the ecosystem. We need fresh blood to pump the market, but it seems that most of them are just mum and decided to wait it out before investing. But let's see. |
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Have you realized the sharp increase in some coins like matchpool, ubiq and patientory. As far as I know there is no news related to these coins. Institutional investors or pump dump?
Of course, its purely pump-and-dump scheme. I don't have investments in your coin but if you are saying that there are no news but suddenly the price goes to the roof then there's no other explanation but it was being pump by a certain group. So for those who wanted to get it, just be careful because as much as you are thinking that you are going to earn and make lots of profits, think again. Because if my speculation is correct, it will be dump so hard that if you are sleeping that time because of time zone difference and waking up finding what happens and the only way to get out is to sell and cut losses. Not a good strategy as far as I know. So stay out. I don't have investments in these coins as well but it was interesting for me, it is probably pump and dump, staying out is the most profitable strategy. Glad to here that you don't have investments on those. But just like you said its pure pump-and-dump scheme. As per coinmarketcap $2.24 USD (64.84%). They are probably looking to pump it around 70%-75% before we see it crashing. Although they can go as high as 100% or even more if there are really investors who are going to be enticed and pour lots of cash. Let's see how it goes and wait around 3-5 days when a newbie opens a thread bitching around about how much he lost. lol. |
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Have you realized the sharp increase in some coins like matchpool, ubiq and patientory. As far as I know there is no news related to these coins. Institutional investors or pump dump?
Of course, its purely pump-and-dump scheme. I don't have investments in your coin but if you are saying that there are no news but suddenly the price goes to the roof then there's no other explanation but it was being pump by a certain group. So for those who wanted to get it, just be careful because as much as you are thinking that you are going to earn and make lots of profits, think again. Because if my speculation is correct, it will be dump so hard that if you are sleeping that time because of time zone difference and waking up finding what happens and the only way to get out is to sell and cut losses. Not a good strategy as far as I know. So stay out. |
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Ethereum foundation is the most serious one so I’m not scared of ETH low price and I’m buying it to hold for at least 1-2 years.
That's really the main difference between bitcoin and ethereum. They have someone solid behind specially Vitalik. Unlike bitcoin wherein the core keeps bickering amongst them.
That's why I never doubted Ethereum and keeps on buying specially during dips. Last December-January, it reaches its all-time-high and I'm sure that it has made us a lot of money. This year though is different, we are all struggling not just Ethereum and it seems the price goes to what we are last June. But I'm not losing faith here, we will see it grows when all cryptocurrency bounce back in the next months or so. |
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Wow, I don't know if that will happen this year. I think the fall in the price of tokens + eth is so much bigger than the fall in bitcoin right now. So many fledgling companies that are going through a rough patch as a result of the bubble and so many ICOs that aren't getting any investors due to fear of regulations. I think that there is a possibility that eth will hit $2k, however I don't think it will happen until well known publicly traded managed funds start investing in ICOs on behalf of small investors. But by then the landscape of the entire crypto world will be different.
Exactly, as the price of ETH goes back to its June peak. So the way I look at things, if there are good news that will come along coming from Vitalik or the main dev behind, ETH will increase its price again but I don't know if it can hit $2K this year. The top floor price I predict will be the boundaries of $1200-$1400. But if they can sustained that price in 2019, sooner or later it will goes to $2K. We all know that everything is based on speculation, so if there's scaling issue have been resolved or they releases improvement in the next couple of months, I'm sure that investors will renewed their interest on ETH and maybe we will see another bullrun. |
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This development shows us that in the coming days much more active market movements may be waiting for us. Where are these soros drying their hands? We do not have the same situation for crypto money.
But don't celebrate yet. The market is down again so I don't know if they really putting investment or they are just trying to hype the market again because they are really a bagholders of bitcoin anyways. How can a traditional investors who hated crypto and saying negative things in the past suddenly changes their mind? The only reasons is that they wanted to join earlier, but because the price is tops at around $20K, they spread negative things about it, and when it crashes more than 60%, they suddenly blurted it out that they are going to invest, or they are whales, wanting to push the price again. So let's wait and see as to what's going to happen to the price. |
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Hi,
I see still a lot of people investing in worthless projects. My opinion..
Maybe you will have some profits in short term..
But every project need a good team, marketing, developers..
Not just a good idea..
In the long term many projects will fail..
Good luck with trading! 😁
You are right. That's why Facebook Google and Twitter bans crypto ads because people are just pouring their cash into something that they doesn't think about, all they know is that crypto ICO will make them rich, unfortunately, 90% of them are scams so in the end, they are going to lose because they didn't make enough research on a certain project. We have been telling this all along, do your homework, research everything about the project. The team behind, the whitepaper, roadmaps etc. Because its your hard earn money, you need to be careful so that it will not be burned that easy. |
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India is the very low contributor for crypto currency in terms of investment . You can check there is no major revolution happened in India using blockchain technology not even a single reputed crypto exchange. Even investment for crypto currencies is very less. More over apart from ponzy scheme not even a single valid blockchain preoject happened in India. Even market doesn’t effect till now because of Indian fud
This is not true because a lot of people have invested in Bitcoin, so there might be some influence. But that's not the worst part, spreading rumors is what is affecting the crypto world. Take India itself for example, people misunderstood the statement of rights totally and thought that bitcoin has totally been banned whereas the real scenario was that rbi had issued a warning that banks can't deal with crypto users or corporations. For me it really created a lot of panic for newbie traders are they see India as big market for crypto. However, when everything has settled down they will understand that this is just pure FUD to sway most of them. Its a totally misunderstood statement and the media just put some spin on the article for clickbait. Now after the dust have been settled, bitcoin jumped from $6500 - $7K as of the moment. So if there is a effect, it will be only temporary just like other FUD in the past. |
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hi guys good morning , way back on 2016 i dont' know what is bitcoin , i don't know that there is such thing virtual money like this and for the past years since bitcoin created , I didn't know that it's running for 10 years untill now , I read bitcoin on "DEEPWEB" , at first i didn't believe it but i do a lot of research after I read it and its really real , I'm so curios how this things work and if I can change my life with this bitcoin stuff. I put a risk on my 100$ money , and i can't believe in my own eyes that this is crazy and you can earn money without doing anything. and now , im earning using bitcoin. it change my life a little bit, with bitcoin I can feel the freedom.HAAHAHAHA
I'm sorry but you have a wrong mindset at the very beginning. Do you have a stable job? If not then you are looking at bitcoin or crypto for that matter as your means to survive that's why you says "Bitcoin is Life". However, what happens when bitcoin is not that performing well? Where are you going to get money to put foods in the table for your family. Yes, bitcoin is a good investment for long term, but I will not agree that you will have to totally depend your life on it. Get a regular 8-5 job and think bitcoin as investment or just a sideline job. |
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Bitcointalk Username: Yaunfitda
Rank: Senior Member
Current Post Count: 563
BTC Address: 1CaBDSUQHzi2HKTy88UVgwWJegvnKZRWWT
ETH Address: 0x450c702cF1b5b19587058C1bEf277bf18188CB0f
Wearing Avatar and Personal Message: Yes
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Btctalk name: Yaunfitda
Rank: Senior Member
Current post count: 563
BTC Address: 1CaBDSUQHzi2HKTy88UVgwWJegvnKZRWWT
Wear appropriate signature: Yes
Wear avatar: Yes
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Have you never heard of a segwit address? That's the format they take when using electrum (bech32). I'm guessing you tried to pay from blockchain.info? They have issued sending to bc1 addresses for some reason. Please send my payment to: 3CR39GitmQvqGxNGEWD7NiSq4eNvkCUvPC Yes all my payments are sent using an old version of Electrum, I will wait for "Yaunfitda" to send his address to solve this. Here is my legacy address (non-Segwit). 1CaBDSUQHzi2HKTy88UVgwWJegvnKZRWWT |
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They are targeting scam ICO's and not bitcoin per se, so their moved is not attacking bitcoin or the whole crypto. They just wanted to weed out those project whose intention is to really take away from money of unsuspecting victims. So they joined, other social media giants such as Facebook and Google to at least 'cleanse' the system.
As for the effect, hard to say but if there will be an one, it will be temporary as we have seen when Facebook bans crypto ads, the market still flourished and we continue with our daily lives. It just put some pressure but it doesn't have enough weight to pull the price to significant levels, in my opinion.
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What do you expect? The market is falling that's why user based has dropped of as well. I'm sure that when the market goes up again, those users will be back in the crypto and we are back as usual. So I'm not surprised at all. The market has fallen more than 50% from its peaked in December-January.
And you can see that it has correlation to the reported overall number of visit. I would be surprised if we are making a bull run but the number of visit is dwindling. hahahha. Another garbage news though, what kind of research are we going to expect in the next couple of months?
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When the market down, your account is reduced to 2-3 times. what will you do? You still hold to die or sell to catch the bottom deeper? Please give me advice. Thank you.
I kicked myself. hehehe. Kidding aside, I don't want to cut my losses so I just hold on it as long as I can. Well that's for the top coins in the market. Just don't panic and be patience and see everything for the long haul. We are down but it doesn't mean that we can go on like this up to the end of the year. Sooner or later, we will see a massive pump and you will be happy that you hold on it. If I have shitcoins, then I will sell them off, to cut my loss and probably shift my funds around and I maybe lucky to recover my lost. |
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I'm a software developer. I thought, wow this is a great way to pre-sell some product. Then everyone started doing ICOs and it disappoints me because I don't have a marketing team. So now all these projects are getting money for projects that aren't even possible a lot of the time. There are good teams out there making real products, but you'll have to search for them. I was developing software before any of this started and I'm going to be watching all these pump and dump ICOs make and lose money and I'll still be here making my software. If I have to go back to uber driving I will. My project will finish because it was designed and is developed by a software engineer with a project that was always possible. I don't think people should quit ICOs. I think they should just stop investing in vaporware, pump and dumps and things the blockchain doesn't matter for, like AI and virtual reality. The blockchain is for record keeping. That is what it is good at. Look for projects that do blockchainy things like record keeping and look for projects run by software engineers. All of these projects that strictly talk about how they are going to burn coins and get on exchanges are obviously garbage. If you don't have a product or a reason to have a token then it is a pump and dump. You need to have some sort of service if you are a utility or some sort of asset if you are providing a trade. Otherwise we already have crypto currencies. Stop investing in things just because you see marketing everywhere. If you treat it like a casino then you'll lose like a casino. Use your head.
Why are you disappointed when you have your project that you believed in. If you are not a scammer and you genuinely think that our software or project can be positive then you don't need to be disappointed. There are still people who are willing to dole out their hard earn cash on ICO. I'm sure that doing your homework and proper investigation is being done by people who uses common sense here and not just listen to hype. I suggest you continue with your project, hire marketing professional to spread the word around and I'm sure that you can still find investors around. |
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It's a Very Struggling time for Cryptocurrencies. The Market Goes down approx 10 to 15 Percent. Bitcoin Drop down $7k, On the other Hand, Ethereum goes down $400.
And I am sure that you are not the one who are very worried seeing the market really struggling to get up in the last couple of months or so. The bears still rule the market sad to say. And there are no news that will push the price to at least $10K. And many are also doing shorting, buy in dips and when the price goes up a bit and then see profit, they immediately jump on the opportunity to take it. That's how the market works right now, but hey its not the end and I firmly believed that we can't go like this forever, there will be a time, probably mid to end of the year that bitcoin will make a massive bull run so don't lose hope at this time. |
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What do you mean disappear? No one mining, trading, exchanges shutting down bitcoin pairings? All bitcoin mine?
I don' think that bitcoin will just disappear in the cryptoverse, I also have a hunch that it can't even be replaced though we can this kind of scaling issues like forever. Because there are too much money that have been flowing eversince and I doubt that investors will just stop pouring money in the ecosystem.
Yes, there are attacks all over from Governments, banks all over the world or even a competitor coins like BCH. However, its too resilient from this crisis that it will survived everything until the last bitcoin is mine (which we are all dead by then).
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