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To be honest, not only the ico but overall crypto investors have also decreased in the last few months and we have no one but severe bears to blame only, i hope market will recover soon.
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The governments all around the world are not fan of crypto due to following reasons:
Crypto challenges the corrupt traditional financial and fiat system.
Crypto is not trackable due to anonymous and nameless transactions.
Governments are not able to tax crypto holding, trading profits or revenue generated.
Although some countries have already presented the pro crypto regulations legalizing the crypto andits trading but we need such laws globally.
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I think no movement can be taken seriously unless btc breaks the resistance situated at 10k, 12k and 16k mark, when btc will break these resistances then we can easily say that reversal has occured and bulls are dominating and btc is moving towards new all time high levels.
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Just hold on, once we will get the bulls back and dominating the market we will easily forget this 8 month long downtrend, it is just the volume that is required to drive the bulls which is expected to be back soon after clearance of crypro in major countries like usa, china, russia and india etc.
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I hope you are right, i think this bear trend has to be over someday and the sooner the better, i think september and october could be bullish months this year that will mark the big reversal.
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I think it is just a fud created by whales to move the price of eth down more so they can fill their bags before the next big bull run, i think we should be mature enough not to sell our precious eth for cheap.
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All these stats depend on the volume of the market at the moment trading volume is way behind from last year so o do not think the revenue can increase, yes if volume increases rapidly in coming weeks then definitely exchange revenue will also increase.
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This is because the btc is the volume magnet all the volume comes to btc first and then it passes onto the alts so btc is the first to gain, lets see when big volume will start pouring into the market.
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I do not support such articles and speculative statements, eth has a strong community and serving millions of users and is highly adopted after bitcoin while cardano has yet to come up with any working product or service so there is no comparison at all.
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I do not agree with you, personally im sure soon ethereum will come up with solid solutions to its current isssues, team is acti e and work is going on just have some patience and belief and good times will surely come ahead.
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Although im currently bored of all the big crypto card based projects like tenx pay, monaco, tokencard, amon etc because they have not provided the cards even after many months of working but precharge looks good, i hope their card will be truly global and not limited to is and uk.
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Although we cannot predict about the price rise specifically but personally i feel that bulls are getting ready in the background and this time the bulls can be even stringer because they are gearing up after a long downtrend.
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I think you are talking about the ultimate bottom, im not sure if it is already here but i agree with tou it is always wise to fill your bags after such dips, if you believe in the long term success of the coin/project.
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I was a fan of telcoin and in the last alt season its price did grew 10x but i was more interested in long term perspective of the project so i never sold or took profit but now price seems to go below ico price, i hope new bull run will take telcoin to new heights and also the project will start unique service and features and make it a success.
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Yeah initially i thought that btg is not a worthwhile project and even they had terrible bugs in their code at the start as well but it is really exciting to know that they have active developer team and now they are rolling out everything very smoothly, i wish them all the best and i think btg investors will benefit well in the coming months.
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Recent months have been terrible, infact nightmare for altcoin investors and holders, we have seen alts going 10x down from their high marks and ico projects are also 10x down from ico value, although everyone is waiting for bulls to be back anxiously i like your proactive approach to take out something by day trading but i think day trading is also not for everyone and most of people will get trapped and make losses there.
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You are very right, so the concept of your writing just focuses on the long term gains in crypto and it is really true if we see all big coins, it is just a matter f time and holding for long term, i think if you are an investor you should also have patience and time to see good gains, nothing can you 1000% profit over night, market needs mature attitude and such people will always succeed.
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I think that the bonus scheme that they have activated is causing the dump, people are holding their real or original amount of coins but are selling the bonus coins resulting in dump, i think that the value will continue declining because there are more sellers in the market than buyers, so for me it looks bearish atleast tillthe end of one year of bonus period.
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Yeah i agree i think going with top 20 is the best thing to do mostly theg are solid projects and the probability of scam is very low so atleast you cannot loose all your money by investing in them and secondly almost all of them will make you profit if you hold long term.
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