To accept or not to participate in the ICO, it is impossible to give unequivocal advice, here everyone must decide on his own. Moreover, if such participation is manifested in the form of direct investment. If we are talking about participation in various generosity campaigns, then it is easier, because in this case you can only lose your time and work, and not money. Therefore, if we are talking about signature campaigns, it is better to take part in them. When you're lucky, and when not. However, this occupation is interesting and mostly profitable
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Now the rate of bitcoin is 8194 dollars, the rate of the etherium is 364 dollars. Together with the rise of the bitcoin course, not only the etherium rose, but also a decent part of the other altcoys. So if bitcoin somewhere up to 10,000 dollars for Christmas, nothing happens with the altcoyins. Of course, I would like to see a good growth of violas, because they are undeservedly deprived of attention, and bitcoin too inflated in price.
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I agree that as a result of the ICO, they are trying to raise too much money and therefore often such an ICO does not achieve positive results. In addition, some of them are direct fraud and are held only for the purpose of collecting money. However, ICO as a whole is necessary, their ideas are sometimes very necessary and promising. Here you definitely need
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While there is no direct threat that the ICO in the US will be banned. So far, these are thoughts and assumptions. Let's hope that in the US will most likely rigid regulation of the process of issuing the original coins, and not its complete prohibition. ICO is still necessary for the development of the crypto currency. And in this country ICO is not exposed to such risks as in other countries.
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Despite the fact that the original bitcoin again recovered in its former high cost, and bitcoin cash dropped to less than $ 1000, I think that the main battle between them is yet to come. Bitcoin has not yet solved his problem with low transaction bandwidth. While bitcoin cash does not have such a problem. The original bitcoin still enjoys its popularity and holds for as long as inertia. However, if his problems are not resolved, it will end badly for him.
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If the Chinese government issues its own crypto currency, I think it will not have much significance in the world of crypto currency. Since it will be fully centralized, it is likely to be used primarily domestically. It is unlikely that international treaties will be concluded with its use. the Chinese market is, of course, huge and this crypto currency will be able to find its place, but for the economy as a whole it will not matter much.
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Bitcoin can cede its place to the leader of the crypto currency if its development team does not timely eliminate the difficulties that have arisen with using bitcoin. Now many people complain that there are more than half a million hung transactions. The bandwidth of bitcoin in seven transactions per second does not meet the increased requirements of users. This is a big bitcoin problem, which must be urgently eliminated.
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bch is not going to replace bitcoin anytime soon. However, it could eventually grow at a faster rate than bitcoin. Then, if it surpassed bitcoin after some time of coexistence, changing the brand names would be highly confusing for the most people and probably damage both brands. Once bitcoin is dethroned, this might have a very negative effect on the whole market and even crash it for long time if not forever, because people don`t want to invest in something that will again be replaced by a better coin in future.
Until that time, we've seen that bitcoin has actually become obsolete, has become slow with a low throughput of seven transactions per second. This and other shortcomings deprived bitkoin cash. There was a situation when the rush demand for bitcoin influenced its growth, which again caused an increased demand for it. Bitcoin undeservedly broke away from the rest of the crypto currency, which could have been very disappointing not only for bitcoin itself. In this situation, when bitcoin cash began to grow, I see more positive moments as the possibility of a bubble is removed and the quality of bitcoin as a whole is improved.
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In this case, the drop of bitcoin is caused by other reasons than before, but we already see that some altas, including the etherium, are rising in price. This is a good sign. Recently, bitcoin has risen very sharply and this has caused some concern. In the situation with the rising cost of bitcoin cash, I see positive moments that should lead to some elimination of the shortcomings of bitcoin, or it will fall in price even further.
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I previously did not know about BitConnect, however, judging by the reviews, I see that it was a purely fraudulent organization built on the principle of a conventional pyramid in digital currency, which promised high interest from the invested funds. In this case, those who can not return their money will suffer. However, why did the British authorities not take more stringent measures, detained people involved in this scam and did not arrest the accounts and property of this company for return to the victims? In my country, this is done more harshly. And in this case, scammers will collect for two months all the fraudulently acquired and move to another country where they will do the same under another signboard.
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Ephyrium really is a special coin among other altcoys because it is designed to contract on its basis of smart contracts. In addition, more than 91 percent of the ICO is also conducted on the etherium platform. The transfer of created tokens is paid for transactions by the etherium. Partially the crypto currency turns into fiat also through the etherium. All this makes it special among the others.
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Frequent forks unambiguously affect the market of altcoyins. They fall and are without movement. Now, in anticipation of the December fork, users will invest in bitcoin and expect a free bitcoin of silver. And everything again will die in anticipation. In addition, it is not known what will happen as a result of this fork. The situation as a whole is not very good.
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The ripple coin is definitely good for long-term investment because it was created to service the banking system, and banks only began to implement it in their activities. In the short term, one must start from the general situation on the market. When bitcoin was pumped up in connection with the forthcoming November fork, the altcoyins fell and at that time the ripple could be bought. Now the altkoins are rising against the background of bitcoin fighting with their clones. It is necessary to monitor the processes and make decisions.
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The ambitions of the Bitcoin Cash development team are large. They have already stated that they will claim the brand "bitcoin" for six months. I, the truth, do not know on what they thus raschityvajut. Although the course of this bitcoin clone began to grow, it is still far from the original bitcoin. I think he has nothing to fear yet. Although the competition is serious.
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China and the European Union have recently applied to Russia to crypto-currency on its territory. For this, Russia could have received about three billion rubles as a tax. Perhaps, within the framework of this project, such a free economic zone is created for the crypto-currency mining. In any case, for crypto currency is good news. Maybe, at least to prohibit its circulation after this will not.
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Now most states are considering the nature of the crypto currency and its regulation in the country. Simultaneously, the states, as a rule, impose a profit tax on operations with crypto currency. The USA is not excluded. However, I read that in the US taxation is subject to profits from operations with a crypto currency in excess of $ 600. Therefore, before deciding how to deal with the issue of paying taxes, it is necessary to learn the legislation on taxation.
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I read that this coin will be quite promising and therefore it is worth buying. After tokens appear on the market after their creation, many investors and other persons who participated in the ICO invariably sell them for various reasons. Therefore, the released tokens due to the prevalence of offering over demand, are losing in value. As the pact shows, if the tokens had a good project, it rebuilt in price and continued to grow after about 6-8 months. In this regard, they are worth buying after they have been in the market for several weeks and will fall in price.
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Most tokens are created precisely for using them in some narrow sphere of our daily life. Some serve the banking sector, other medicine. others facilitate access to various information, technologies, accelerate certain processes and other. Just not always the project is well thought out and therefore the created tokens sometimes do not enjoy sufficient demand and fall in price.
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These coins have a prospect for growth, when altcoins will rise in price. I think it will be right to keep them and patience will reward you with a good profit. If you now sell these coins yourself at a loss and buy bitcoin, this is more risk than keeping your coins.
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Yes, I really support the etherium and consider it to be one of the most successful and promising coins. I also think that its current price is quite in line with the demand for it and is quite real. Without the etherium, virtually no ICO is being conducted, the etherium is the platform for smart contracts.
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