Mr. Tom Lee, the Crypto currency expert who has had accurate predictions about Bitcoin and Altcoin, said that Bitcoin still has the potential to rise by the end of this year, which is around 15k USD, is that true because I haven't seen a good improvement in crypto currency
In the world of cryptocurrency, such huge increases in short time have been happening many times, but this time I am afraid that nothing like this will happen. If prices stops falling, then the price of Bitcoin will jump to about $5000 maximum. I think that for $15k we will have to wait until the middle of next year.
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This year, a lot of tokens were created by the very high popularity of ICO. Unfortunately, because of the bear market, many of them fell. Also many coins that were created a few years ago just to speculate on them, have been forgotten. I think that the reason of less coins on the list may also be a change in the Coinmarketcap policy about listing new coins - now listing is much harder than it used to be.
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Market will soon return to the upward trend. Unfortunately, but the recent price drops were very large and people lost confidence in the investment in cryptocurrencies. Now some time must pass, probably several months, so that investors will again believe in the potential of Bitcoin and altcoins.
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the end of 2017 is very exciting for all crypto holders at that time, but in 2018 is a downward trend to date, will this be the true value for crypto? I also believe that because Crypto is better known to the world population and they have begun to selectively choose the best coin for them
I think that neither at the end of 2017 nor now we do not see the right price. It is possible that the real price is between ATH and bottom - somewhere in the middle. How much more or less it is, we will be able to determinate when we are sure that the bear market ended.
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The launch of Bakkt had been delayed until January so this will be a long wait and lot of things may still happen. I have read multiple good news lately which is all about a strategy on how to expand the mass adoption of cryptocurrency. Step by step, we may see a greener market and 2019 will be the starting point for the bulls. $2200 price for bitcoin looks impossible but if you go back from its all time high to its current price, over 80% was already wiped out so anything can happen and all time low is always possible.
I also think that it is at the beginning of next year that the cryptocurrency prices will begin to rise. Growth is possible in December, but we can also see big drops at any moment. Let's hope that the price of Bitcoin will not fall below $3000 because if it happened, then the recuperation of the price will last much longer.
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"Buy when there's blood in the streets, even if the blood is your own." - These words were spoken by Baron Rothschild in the 18th-century, and it seems to me that, in saying this, he meant a similar situation that is happening now on the cryptocurrency market. I think we should listen to it and start shopping.
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What a sunny day for bitcoin and the cryptocurrency market? The market has added over $20 billion in the last 48 hours. is that the sign for the next crypto bull run or this is just another pump by the whales to let people in and later cash out their money? Are we on the verge of seeing another ATH very soon or it is just an ordinary pump... What y'all thinking? Unfortunately, this situation can only be temporary. Even if prices now go up, they can fall even more at any moment. I think that at the beginning of next year that we will be able to say that the bear market is over.
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With time, everyone will understand that limiting Bitcoin does not make any sense. Technological development can be slowed down, but it can not be stopped. In the future, people will learn how to get the benefits of using Bitcoin and everyone will be satisfied.
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We can not be sure that this is the end of the crisis in the cryptocurrency market, but it may be a good time to make long-term purchases. The prices have fallen so much that it is difficult to believe that they can fall even more. At such low prices, I think it's worth taking a risk and doing shopping today.
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Mathematics will always answer such a question. If a product wants to buy more people, its price increases - when there are more people who sell, the price falls. This is the basic principle of supply and demand. Bitcoin is the king and will be for a long time, but Ethereum has dropped very much, so I think it has more potential to grow.
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Indeed crypto is growing and has a far-reaching increase. Seeing the current development can be said crypto is very useful and has good use value. The many crypto communities are able to provide extraordinary knowledge.
Nobody can guarantee that the price of coins will increase. We are in a moment of stabilization, but everything can happen in the near future. It is good that the society thinks positively and there is no bad information. It certainly helps in convincing people to make further investments. Investors for sure are observing what society is thinking - with so good opinions around we can expect coming 'fresh' money to the market.
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When it comes to long-term money storage, and the more cryptocurrencies, it is more complicated, but fully workable. This is the advantage of blockchain-based accounts - the easiest solution is to pass a private address to two persons, but when it comes to a private key, split it into two halves - more or less as it is done with a split of half a banknote, Half does not mean anything, but the whole thing is key. Always one half have to have your lawyer
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It's all about trust. Banks for hundreds of years have been considered the safest deposit of valuables because they were secured in the right way. Through hundreds of years, they began to take advantage of their position and operating costs have increased many times. Bitcoin eliminates the costs that banks charge. In this way banks are unnecessary, because every man can secure his money on the same level as the bank, so is enough good insurance - just like for a car or house.
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If it was possible to predict the length of the cycle, then there would be only millionaires on this forum In the speculation section there are thousands of posts about what will happen in the near future. And as usual, some believe that at the end of this year the price of BTC will be above $10k, and others that it will fall to $4k. I think that the truth is in the middle and the price should start growing slowly now. So in my opinion, we are at the beginning of new cicle.
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Many users say that taking part in Airdrop is a waste of time. I will not agree with it. I do not take part in Airdrop myself, but I take part in bounty campaigns. It is true that in a few months many projects turned out to be scams, or simply failed due to the lack of interest from investors. That is why many tokens turned out to be worthless. However, there are still good projects on the market and if you do not want to waste time on a worthless ICO, you must first check the basic information about the project - who is behind the project and what it concerns. This helps to avoid wasting time.
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Deav team has a really impressive experience, which gives a really big plus to the project. I wonder, however, is it possible to run such a project only in three persons ..? I hope they will succeed. From today I will be watching better the development of this project.
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Last year at this month, price of Bitcoin is slowly moving up. Compared to this year, there's too many factors to consider why bitcoin is not rallying up yet. Who knows if the price is being manipulated by a group to remain at this level so they can accumulate more coins at this price so by the time when bitcoin starts to go up perhaps December, they have enough coins to sell.
We believe that it is manipulated but lack of evidence won't prove it. Last year there's a news about tether and we've got it again this time, does it mean that the rise will rapidly come soon? The answer is simple - Tether was audited and nothing unsafe for the market was found. There are still people who see conspiracy everywhere and cooperation of the FBI with aliens. Let's not get into paranoia. The financial market always goes up and down. It is normal.
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Last year at this month, price of Bitcoin is slowly moving up. Compared to this year, there's too many factors to consider why bitcoin is not rallying up yet. Who knows if the price is being manipulated by a group to remain at this level so they can accumulate more coins at this price so by the time when bitcoin starts to go up perhaps December, they have enough coins to sell.
Not exactly. In my opinion, the situation was similar to today's situation at the beginning of last year. In September - October the market started to rise significantly, which is not quite similar to what is happening with cryptocurrency prices recently. I hope that in November (as every year) prices will go up, but unfortunately many people have a different opinion.
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you have all good big players in your portfolio.... if I were you, I will have 15-20% of dark horses like XBY, Sys, NXS, QRL, XSpec, over the next few years we might see 100X returns in these counters.
I am building my portfolio like,
BTC - 40% Med Risk - 40% (Waves, Monero, Strat etc not more than 5) High Risk - 20% (choose not more than 3-5)
And in my opinion it is one of the most optimal options. If I had anything changed, I would add more space for the ETH itself, because in my opinion in 2019 it will have more potential for growth than BTC.
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