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Earlier this year, we have witnessed a massive drop in the value big Bitcoin, it was so drastic that alotbof people thought that was the end of the Cryptocurrency. But over the days, we have as well seen a gradual rse once again. I don't see the value is f Bitcoin ever going down and hitting rockbottom because alot of people are still coming into the CryptoWorld and the application big Bitcoin is being tested in most other spheres of life.
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Currently, the volatility in the market now is a very good noticeable one. Everything bwent down at least 50% over the past weeks and it's a normal phenomena in the market, it happens all the time. But as it stands now, we have seen a gradual increase, seems things are getting back to normal, BTC has hit $11k after a massive drop, on the other hand, alts are also coming up once again.
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A Bounty can be accessed from different points though. But in general, what what makes a good Bounty has to be; a reputable manager with good reputation and Communication spirit, a well detailed rules for the Bounty, a good ICO team with a reliable project and top of it all is keeping up with the promised payment.
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Hitbtc exchange is not a very bad exchange, the only problem is that they have a poor methodology and a bad support system. But in most cases, the problem could be from you, in most cases, people could mistakenly deposit in a wrong address and that's irrevocable. If that's not so, then I blame it on the support team.
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That was quite a pump from FOMOs. As a result of the upcoming fork alot of people rushed in to get LTC inorder to have some free forked coins, now the fork gas turned out to be fake and not from LTC team, let's see how that price holds up. Though LTC is a great Crypto, and the potentials are very much glaring.
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Ethereum blockchain application quite more advanced and edgey. Based on the fact that most tokens operate on ethereum network makes ETH a very formidable force when it comes to Crypto. But Bitcoin on the other hand is the most popular and widely used Cryptocurrency, therefore, it will continue to rule the Crypto space.
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To be frank with you, faucets have always been a waste of time, and the worst of it all, with this massive rise in Bitcoin, facuets now pay a very small amount of BTC. Whereas you do a very tiring and boring work. Imagine doing 450k sat in 45days, that's juts 0.0045BTC in more than 1½ months, isn't that funny? Better to join campaigns here and make something substantial.
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The whole cryptospace has just gone through a major overturn and things are just gradually getting back to normal. Prices are slowly going back up, Bitcoin will continually be volatile and possible increase over the next months. As for ethereum and ripple, they can never overrun Bitcoin.
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Buying during ICOs is good and sometimes better. I have seen tokns get listed in exchanges at a ×10 of the ICO price and this means all those who bought in during ICO made a good profit. But it's not the same for every other ones, some go below ICO price when listed on exchanges, so, basically, it's just a kind of gamble. But in overall, buying during ICO is more safer.
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Rather than spilling up out here, I would suggest you take some time and study the blockchain. True that there are so many Shitcoin with no plans on the project and some other with overwhelming ICO target. It now boils down to making a well analysed research to know which one to join in and throw in smyour money. Crypto will bounce back and that bounce back will be tremendously.
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The volatility in the market is still very high, any time right now is a good time to buy, because it could get lower or even higher in a couple of days. Buy now and hold for long term till it's back to stability and a good price increase. So many people who wanted to get into Bitcoins should utilise this opportunity to grab a handful.
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Actually, the other term says BLOCKCHAIN NEVER SLEEPS, this simply means that unlike the stock market which have fixed hours of operation, such doesn't exist on the blockchain. Since Cryptocurrencies are blockchain based and run on the internet, every minute of the day, trading is going on in so many places.
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Considering the massive downcast of prices of cryptos since early this year. Bitcoin witnessed over 50% drop in price from what it was at year's end. Though the price is coming quite up again, it will certainly take months before it gets back to normalcy and become stable again. And besides, it's been going up and also down recently. It ain't gonna get up so fast.
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