Why is the market constantly falling?
It's not constantly falling, it's a constant correction. When does it recover?
No one actually knows when will the recovery will start. As you go through this market, you shouldn't be too sensitive with it. Many projects are failing now and scams are going out selling their ETH for profits so it made the market fall and lead it to a longer correction.
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Short term profit is by buying few altcoins or bitcoin during red market. And if you see 1%-10% gain then you can start selling. That's how you take short term profits in trading but there are some other ways that I don't know which others do. You can also do scalping and if you don't know what does it mean and how to do it, click the link.
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2019 will have many of big coin as Telegram, Facebook... What will happen to the remaining altcoin?
Telegram @ 2019? Did they launched an ICO this year that got them millions of dollars? About facebook's hint of adopting blockchain, it's not sure if they are going to create their own altcoin but if ever they will, many investors are going to be interested with it. Some altcoins will remain on 2019 but many will die as well.
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Even it can included to Basic Economics. Curriculum should be addressed if a school wants to include crypto subject or lesson. I've watched a video that there's a teacher on New Jersey* that started to include and teach bitcoin to his students and that's a very good initiative on his part. *Not sure of. I found similar thread: Cryptocurrency is a great way to teach math in schools
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That's true if its for the predictions.
But be specific about saying with these crypto experts. Predictions aren't the only thing to address this title as there are crypto experts that are in line with some other expertise. This is why crypto's are speculative market and no one can actually give you the possible and actual outcome of each trend monthly.
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During hard times, people learn the most. Reduction of available funds should make the brain work better and earn even in difficult conditions, which is more useful in life than getting a pair of dollars on constant growth.
It won't work for others. Hard times mostly gives them the reality on how hard it is in crypto during these times. This triggers them to get into their fear and depend on it. But after this, lessons are coming out and strategies are being built which makes them more productive and calm when another scenario comes.
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For now, Indian government hasn't allowed legal trading but it's under discussion. I am hoping that it will come with a great news.
That's one big news on India. There are news before that they banned bitcoin but another news came out its only from the RBI that attaches to the local exchanges there. I'm hoping that everything will great again there and there will be no more obstacles that will stop our crypto folks into buy, selling and trading crypto's.
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The value of most cryptocurrencies comes from the products they rely on, and only Bitcoin does not need to rely on any team or product! This is what makes it special!
And that product or service that they rely on is being applied with the law of supply and demand. If the demand is higher for that product/coin/service is high then the price would skyrocket. But if there's not much demand on it that's what they need to look on how they would market it. This is applicable for the tokens,coins that went through an ICO. They are marketing with the so called products and that's right about bitcoin it has no team, no product, no government or anybody that controls or predicts the price.
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I've believed before that when we are about to reach $10,000 again I assumed that was the bull run.
But I was wrong with it and IMO $8,000 isn't still the price that we can say we're already on the bull run. Five digit can safely assume that we're already in but I'd like to see the price on $8,000 already so that we can be out of this $6,000ish already.
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I'm pretty sure that there are buyers here under $180 that are celebrating now.
Price has increased and though its few backs ahead still that's a gain and good indication that ETH has been moving upwards again. For those that has been disappointed with it that it gone lower and even thought of its low trend which will continue up to $100, if you didn't bought you're feeling FOMO now.
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I hope you made a mistake! All analysts see a rise and you're talking about a $ 3,000 value. It looks like you want to drop the price to buy more coins! Isn't it?
I think he is serious with that negative prediction. $3,000 is basically low though it's possible if the market plunge more but IMO it won't go back there anymore. We will never see $3,000 again and adoption is just starting. More people are coming in and starting to buy bitcoin so $3,000 is no longer a range that I can see or it can be once we saw it near back there again.
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Pundi X is the latest and not so old project that became successful. Definitely these two! Add Steemit to the list. These are projects that have delivered on their promise and have products. Steemit has a platform that is currently widely used and it's in beta stage
I agree with Steemit platform as well its one of the most successful that got a lot of users and investors. Binance Coin almost is another successful crypto project which lead them to be one of the most successful exchange.
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I think it is good time to buy it right now, when the price is quite low. What do you think? maybe we should wait?
They said that it can go as low as $100 but I think its a good time to buy now. Few days it was $295 and now less $100 is a good buy but if you think that's still expensive then wait for more dips. But seriously, I think that this can be considered as one of the cheapest rate now for ETH. If ever its about to rise soon, then you're one lucky guy to have it at $180. The market situation is still not very clear.Maybe it’s the lowest price now, maybe it’s still going to fall.We can't predict.I still wait a while to buy it back. Who knows if that fall isn't the final one? It's up by $190 now so if you ever bought at $164 or a bit higher than that but lower than the current price then you can now take profits if you wish. But my question is if you ever bought during those times? you seem to wait a while before buying back? I'm sure there are folks here that bought with those times. Joseph Lubin Says Vitalik Buterin Is Wrong About Bitcoin Ceiling: ‘There’s So Much Growth Ahead’We just had a major dip which I've used to buy a few more ETHs, and now we've got the bounce. Which is the overall sentiment here thread about the trend? Do you think we may have found a bottom? Good job if you bought during the major dip and you are very much satisfied with it. How many ETH you bought? I'm not a good speculator and analyser for ETH since the trend just caught me. But I guess that we actually hit the bottom and to tell if we really got the bottom is to analyze it for a week or even a month because the volatility is really an unpredictable characteristic not only for ETH but for whole crypto's.
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Can we imagine if all the news are like this? everyone's going to be bullish.
If rates of electricity on Iran is cheap and they have been considering mining as an industry, it will be a safe haven for large mining farms. Iceland would always be the ideal country but for some that don't want to get there would definitely going to choose Iran for its support to mining.
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Well, if you have a friend who will help you understand trading then this is a great option. But and if there is no, then you can borrow information on this forum, in YouTube, in various books and articles.
A friend can just introduce you to trading but learning the whole thing is up to the individual who really wants to trade. You should have to know the basics of having your own choice and standards. Don't always depend on the opinion of others and use them as your own, sometimes it will help but sometimes it won't. Watching various tutorials on youtube would help but experience would show you the basics and the deeper part as well.
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The same thing will happen to what? to the crypto market as a whole?
There's interconnection for all of the crypto's which it affects the biggest markets like bitcoin and ETH. But looking further at the current market again there's an uplifting movement that we are experiencing now and this is said to be the time of recovery which would go continuously.
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its time to reborn. we all have cryptocurrencyes, forum members, and as people think market will recover after 1 month.
I've been relying and has that optimism that every month is going to be the recover period of crypto's. Now Bitcoin reached $6,500 again and ETH's staying for $200 and I hope these all coins will move forward and will never go behind those low numbers. Small dips are okay and essential to give way to the upcoming bull run. We're all waiting for the great bull to run again.
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Avoiding spreading false information because that's leading the community to react quickly.
This is important but how can we know when FUD is spreading outside this forum? And, if we see such FUD being spread by haters and unscrupulous human beings, we can't do anything about them because they might not be regulated or controlled like we have on this forum. We can't help if there are FUD's spreading outside the forum but at least if there are some here in the forum, combat it. And if you caught one outside the forum, inform as many as you can that its a FUD and is really against and up into something. We have experienced in past when the mainstream media used to talk about the advantages of Bitcoin and then suddenly when it changed it's stance in a few days when BTC price was a little dropped. There were some leading business channels that propagated negative things about Bitcoin causing a panic resulting it's price sharply gone downwards. This is not easy to judge a news especially for the inexperienced people. But false news always have damaged things in every era. There is a saying in my language which means till we know the truth, lie would have done the destruction. Same is the case with cryptocurrency.
They understood and knew the technique on how to make the price lower if they want to get in. You can remember as always there are people who have been against before to bitcoin and later on expressed his apology and said good things about bitcoin. That happens, there's a bandwagon effect especially to the media channels who can be paid for broadcasting an opinion or a fact.
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