when bitcoin fall down every altcoin not rise.on my experience when bitcoin static Price then altcoin up. but some altcoin has when bitcoin fall then this altcoin is up. Because I think all public want to sell Bitcoin then demand altcoin.
I have niticed the trend too, you are right, there is preference for altcoins when there seem to have a market at standstill, recent movements in bitcoins alone is pure based on the bitcoin etf proposal |
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Here is the usual trend, fresh money entering the market comes into bitcoin which causes a temporary increase in bitcoin dominance, the bitcoin consolidates and we see cash moving into altcoins,causing an increase in their price
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I might not really agree totally with you. Bounty hive isn't a scam platform I have done their bounty a couple of times. The participants that they have is a bit much and this makes bounty have so Much less value compared to other bounties but certainly, they are not scam
Me too, I have been a beneficiary of the platform and the rewards were modest, It was on a signature campaign and i waill surprised by my share of the pool allocated, also they have a high success rate |
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They state the terms of their bounty before hand ,how many persons allowed to participate in each campaign and the monies allocated to each, I believe that is far enough for anyone who would want to participate, otherwise you can choose not to.
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There will be no other king except bitcoin and this is facts. There is no other coin out there to challenge the bitcoin throne so I say let's stop dreaming and accept the reality.
None but bitcoin, every other competition will always be quashed, we had the 'flippering' with ethereum, 'rippening' wtih ripple but bitcoin still triumphed with a wide margin |
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We will always have new entrants into the market and competition will always be there but none will compete with bitcoin, bitcoin is king
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why crypto is so much volatile? is there is any way to control this volatility so that investor's confidence increase in crypto. people have lost alot in the recent market crash and it will be hard for the new investors to join the crypto. your thoughts ?
Most asset class turning into emerging markets are usually susceptible to huge fluctuations, gold and silver had their own share of this, the volatility will eventually reduce as cryptos gain wider adoption |
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Investors are showing preference for bitcoins, which has seen more of the altcoins falling in value relative to bitcoin , bitcoin dominance is in figure higher than what we have seen at the earlier parts of the year.
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Bitcoin adoption is growing gradually with different countries pushing for a framework within which it can operate and thrive. The latest is news that the Philippines is giving approval for draft rules for ICOs and cryptos , a move that will see encourage it adoption. What about your country, Is the government legalizing bitcoin? https://news.bitcoin.com/philippine-sec-approves-draft-rules-for-icos-and-crypto/ |
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Since the beginning of the year bitcoin prices continue to decline and there are still many bitcoin users who still survive and hope bitcoin will rise again, but in fact the price of bitcoin increase has not been significant and impressed stagnant and continue to fall, what exactly happened, could the market start to get bored, trust against bitcoin begin to decrease and switch to another coin as an alternative. how in your opinion?
Investors are not really sure of what to do next, eight months into a bearish market can do a lot of damage to one's confidence. Good news are on the horizon, come September etf approval |
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Hi everyone, I've been around for a while now..
I've seen a lot of posts positive and negative about Ethereum.
At the moment I am holding Bitcoins, but I have invested in some Ether as well.
Now I am wondering, what are legitimate concerns about Ether (except for IPO, as I've already read this in a lot of posts).
So can anyone bring real other issues to the table, to enlighten me (and maybe a lot of other readers?)
Thanks!
Ethereum is nice as far as I am concerned. It gives us a good grasp of what crypto can do.The only challenge I see with ETH at the moment is on scaling it up |
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I prefer to invest altcoins for a short term due to market dipping too much.
That is ok if it is the strategy that works for you.It may sometimes be nice to have a few tokens kept for long term rewards or gains.it makes you not lose out on some tokens when the market momentum suddenly changes for good |
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It is better to have a gradual growth, organic growth drive by gradual adoption of bitcoin rather than by price manipulation, such is more sustanable
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They would have decided specifically on the crypto currency is already something, and then their statements only worsen the popularity among the newcomers.
They wont for a couple of years to come, because such a move will really be a defining moment for big banks and major economies. the blockchain is disruptive |
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Their stance is similar to the earlier resolution by the European union that the central banks should approach cryptocurrency regulation with caution, that there are benefit of blockchain that may be worth discussing in future session
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After surfing through the good side of BItcoin I was asked to give reasons why bitcoin won't last by a friend I searched through the web and found the following
1: Exposure to Bitcoin-Specific Scams and Fraud.
2: Black Market Activity May Damage Reputation and Usefulness.
3: Susceptible to High Price Volatility.
4: No Chargebacks or Refunds.
5: Potential to Be Replaced by Superior Cryptocurrency.
6:Environmental Ills of Bitcoin Mining.
7: Bitcoins Are Not Widely Accepted.
8: Wallets Can Be Lost.
9: Risk of Unknown Technical Flaws
10: No Physical Form
Guess what non of those mentioned above was big enough to discourage my friend from joining Cryptocurrency (buying bitcoin).
Which of the following disadvantages are you afraid of and how do you think it can be resolved
Nice list, but only two in the lists are inherent problem that may be associated with bitcoin, those are items '5' and '9'. every other problem such as high volatility, scams, etc.. ares not native to bitcoin but to every investment class that is new. |
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A bit misleading , although the 80 percent still means the investors i those ICOs are never going to get the returns on their investment back.
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Honestly we do not, I only advocate that some quasi measure be put in place to ensure that people are not abusing the liberty it offers.
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Seems like a great idea however I think if they attempted this and it was successful I don't think the power that be will be too happy. They also have the oil to back the currency to an extent so this will be very interesting.
The big powers are not always happy when they lose control of their power (money flow), I am not being political here, I just believe there should be freedom for all to use money they way they deem fit, even governments |
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