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ETH will mostly pump hard in the next rally, just like it has done in the past. All the profits form many altcoins and even Bitcoin has been squeezed out. We might get another big drop if the ETF for the CBOE is rejected or deferred until early next year but let's see what will happen. For now, if you see ETH is very cheap stock up if you can afford. I only use ETH for a little trading but I don't hold any as I am not making that much money in crypto anymore like I used to, but I might start trading a few ETH tokens again to try to collect some ETH if I get time one day and my situation gets better. All the big whales collecting the cheap ETH NOW are so lucky, they will do so well in the next bull run.
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I am interested to see how this project rolls out. I have noticed more and more projects are now involved in insurance and underwriting of cryptos and other products, so this is a very interesting development and I am going to keep an eye on it. It also promises an exchange and debit cards. Unfortunately, I have seen many projects promise debit cards and never deliver, but am hoping that this one might be a little different. I will join the telegram group and see what it's all about as these kind of exchange projects are ones that I am always interested in checking out.
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There is a really big team and people here implying that this is a scam is a very heavy allegation. If you check the Team members who have high financial positions etc, would they associate themselves with a scam when they are so high profile people? I doubt it, I think there is a lot of activity in the project and they are also doing a lot of things for the wider crypto community. I think this might be one of the most successful projects of 2018 and I will wait with great interest to see how it all pans out and want to use their platform and banking once it is all set up. I think they are already brokers in the traditional sense so they tying themselves now in with crypto, which is an emerging market right now.
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North Korea is using crypto to prop up ti's regime, so maybe the other terrorists can't access it, but North Korea has done handsomely out of BTC and Altcoins because Pyongyang has made a coordinated hacker group that hacks South Korean and other Asian Exchanges and already just in 2018 alone, KIM JONG UN made over 200 million USD worth of Bitcoin from the hacks. I also believe the bancor and coinrail hackers are North Korean, it just makes sense to me, that's who is doing it and getting away with it. Someone needs to make a protocol that can close down wallets or reverse transactions from hackers because Bitcoin and Ethereum don't protect against hacks.
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I wish right now I had a full-time FIAT job so I could accumulate all the cheap crypto and bitcoin with spare funds, now unfortunately work is very dry for me in the crypto space so am eating up funds form my long-term bags and small savings which is minuscule and will only last like four months if a bull run doesn't happen soon, or if I don't get paid for any bounty jobs that I am owed for the last few months. These last eight months have been the worst for myself and my family because we have literally lost everything in this bear market but I can't find a regular job here for my age group and demographic and I can't afford to emigrate to find a job either.
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Replacing cash with stable cryptocurrency: MenaCash As MenaPay, we are developing the first blockchain based non-bank digital payment gateway for building the biggest cashless society in the world. MenaPay allows users to transfer money within daily life in a secure, fast and decentralized way. To actualize these transactions and payments, we are building a 100% USD backed stable cryptocurrency for merchants and customers.  This is the kind of infrastructure we need right now in the cryptosphere, to bring in the masses and the mass adoption on a big scale. When we can bring in like two billion of the unbanked people into a healthy economic environment, we can also solve many socio-economic problems and people who are isolated, at last, can have a financial voice that before was denied to them. I hope you have a successful time of it bringing this to fruition, and even though there is competition in this space to a degree, that is very healthy for innovation and just means we have this huge demand for your services in the near future. |
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I have lost 99.6% of my portfolio wealth since January and it doesn't look like it is getting any better. As long as I can survive and eat and pay my bills, I am staying in crypto. I will only leave if I have no other choice and am forced out to sell for survival means. It isn't a nice situation for a lot of us right now. Many of us are dying due to holding and staying faithful to the cause. There are just too many market manipulators and ruthless, selfish people in crypto, who don't care about mass adoption, but only care about lining their own pockets and that, unfortunately, is the truth. Even on this form, you get more hackers lurking than anywhere else, who steal your wallets, your emails, sell your emails to others, bounty cheaters who constantly steal your content and usernames, all thieves and cheaters come here to Bitcointalk forum. How can I now promote crypto to normal people when we are in such a mess? There is no good future unless we pull ourselves up and get our act together.
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Bounties are a good way to get the word around. Many times I find new projects by looking at people's signatures in here and some of us even do bounties for a living because we can't get regular work in the real world. What I DON'T like about some bounties is that they turn out to be scams and don't pay us. Also, I loathe those bounty cheaters who try to steal my work and my username to collect bounty stakes. There is a whole massive gang of Vietnamese mafia in here trying to steal as much form the bounties. How do I know they are Vietnamese, check most of their telegram usernames lol..nguyen, tranh etc, Vietnamese mafia lol. I also think that content campaigns should be limited to two items max per person and also other campaigns should have limits, so people participating in the bounties can earn something decent.
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There is nothing we can about the price right now except watch the shorters getting us all hodlers rekt. I am now down over 90% with my Pundi bag but no way am I selling now even though we will probably go down to around 19-20 sats I expect when the binance airdrop hits. I am all in now so can't day trade my day trading bag either, so am going to just leave it for airdrops and come back next year to check the price and only look at development for now. I am not optimistic about the price now for a while as too many whales are manipulating the price of Pundi and while they are accumulating big, they are flushing all the weak hands out.
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Yeap I lost all my wealth this year because of the manipulation going on and all the FUD and panic sellers, so I personally can't thank them as their stupidity has led me as a holder to lose out on everything this year. I am still holding though, as much as I can stay alive I will hold until the inevitable end, good or bad that's in store for me. I know many whales are becoming rich because of these Panic sellers that's for sure and they are getting poorer and poorer by dumping at lower prices than they bought. It's so stupid what they are doing, but hey markets are so irrational right?
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I regret not selling in January and then scooping up all the coins in this lowest part of the market cycle. I lost over 99% of my wealth this year BUT I never regret coming into crypto. I would capitalize on this downside right now and try to accumulate as much of the best coins of your choice as you can before the next bull cycle comes along. Turn your mistake, like me, into an opportunity now to invest in the best projects with the best fundamentals. Just do a lot of research and due diligence at this point and don't sell anything right now at a loss, that would be financial suicide in my books. I am trying hard now to get more PUNDI X as that is one of the best right now for long term.
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I am glad that I invested in this business and I think it will only go up from here. If the team is able to bring what they've done so far im 100% sure this idea is here to stay and really be one of the better businesss out there.
Nice to see new and confident investors here. I think this is a solid and well under hyped project. These are the kind of little gems you need to be looking at when trying to find good projects to invest in. I think because the market cap for this token right now is low, it will be an excellent entry point for new investors right now looking for a good and solid ICO to get their teeth stuck into. I have had enough of those fly by night scammy ICOS right now, so am also looking for a few good low cap projects to get into and this is one of them on my list for sure. Eth is so cheap now as well, so good time for investing right now. |
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I doubt it will go that low. The worst case scenario in this bear cycle is around 3k USD and even that I doubt it as we have so far held support levels above 5k USD. Anyway, how worse can it go right now? The risk to reward ratio is quite healthy now for an entry point, so I think now and in the next 6-12 months might be the best time to get in. I don't see a bull run until late 2019/ early 2020, but I do see some interesting developments taking place for the Crypto world and for Bitcoin next year. Now is actually the best time to consolidate and accumulate as much as you can to be quite honest.
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I haven't received a dividend in ages in my account and just realized that the price tanked. I remember when this was nearly 7-8 bucks a few months ago and now it's worth only 50 cents. That's really bad. Don't we get any dividends anymore is that why the price is dead, apart from this stupid prolonged bear market that is. So what is their business model now if we don't get dividends anymore? What's the point of holding it if they no longer give us any incentives to hold? This used to pay us decent dividends in the beginning but I haven't received anything for months and months.
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Many of my Friends have left crypto because they were hammered this year but I am still here and battling through this rough sea. I think we need to see a new wave of friends enter this market. I am trying to educate my friends, to just invest, buy and hold cryptos long-term and not worry about day trading prices, unless they are day traders. Many people came in crypto on the high in 2017 and now everything dumped hard, they don't believe in it anymore, which is sad. I love the technology and the disruption it is causing in traditional economics, and this is why I am here to stay.
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2018 has been a year of catastrophic losses. I have lost 99% of my wealth this year but one coin now I am in is PUNDI X which I feel will last this bear market out and shine. I have seen so many coins and projects hit the fan, but Pundix, despite having gone down 90% since ATH, is a great project to buy into now if you are looking to grow your Crypto bags. This is one of the best working projects in the Cryptosphere and has a real use case and is a real business. Also, the fact that each XPOS machine will have transactions running through it that will burn some of the gas used and decrease NPXS tokens in circulation, will be great news for long-term token holders.
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I also invested in Centra and that was a real bummer for me and my portfolio has died. One project though I can really vouch for and the Team is working its ass odd is Pundi X, they have a real use case, real live product being used and they are expanding rapidly, opening offices all over the world. The community is growing and has become solid and now is the time to grab a bag of it, if you haven't already, at the tail end of this bear market. I have over 98% of my portfolio in Pundi X and also am trying to collect a little ONT, VET and maybe TOMO while it is still cheap. My main bag though is Pundi x and am trying to reach a certain target by December. Many other projects have died and / or turned scam, but Pundi X is glowing with goodness
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Once we go past the 80% retracement level, then there won't be that much more downside. I do believe the Institutional money wants to come in on the really cheap end between 3k - 5k USD per Bitcoin. The capitulation of the market is just around the corner and the Bears are still in control. Check your Fibonacci Retracement and see where we are at. The upside to all this is that we are near the bottom, so the upside reward factor is bigger than the downside risk factor. Of course, it could all go pear-shaped in a heartbeat, but we are talking about a technical revolution through the Blockchain, the tech is worth Trillions! Those selling out now will incur the biggest loss of all the potential profit that is yet to come. We still have a bearish sentiment right now as Bitcoin failed to go up the 21-day Moving Average but it can't stay down forever.
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