ETH crash is the hot topic since a month now. No one knows whats wrong with this blockchain because where it headed to the 1200 last year, it was the best project of all time and then it dumped all the way down to 800 USD this year. Everyone thought that this is might because of BTC and the rest market and nothing else but soon ETH started to revert back to its original prices of 300 bucks and thus shook everyone from their chair!! May be this heavy drop led most of the people to dump the ETH even further and thus as of now things are getting converted into the worst case scenario for the ETH. May be its the highly increased sell wall which is not letting it come up and most of the people are scared to invest into it.

Yes 2fa is very good and it helps a lot as well
But we need and have to ensure to protect all accounts

Make good use of metamask
Make good use of ImToken and Myetherwallet
And observe you are always on the proper website

The effect of news is hard to predict, there are many examples of the price being moved a lot or only a little, sometimes the price even moves in the opposite direction than expected. As a rule of thumb, the more the news directly affect Bitcoin, the more they are likely to move the price. This is why Bitcoin nearly never reacts to unrelated news like wars, economic disasters, altcoins and so on, despite many people trying to find a connection. Also sometimes there are just coincidences that make it seem like the market has reacted, but then it doesn't happen again with similar news. And by looking at the ETF reactions or China news, you can see a pattern that reactions become smaller and smaller with every time.

No worries.
Once bitcoin is pumped then ETH will be dragged with it.
That is how it works right? Or is it just my own observation?

As I have monitored that ETH price I see it leaning over the BTC price which is not a good thing for other since they are trading both vice versa.
But for ETH to Tether traders it will be a lot of gain. Now or later may be the time they will be buying back. Maybe they are just waiting for someone to start the pump.

10 Simple rules to stay safe:

1. Use a very strong password- not one that can be worked out by a hacker, such as partners name etc, a good way to create a strong password is to chose a favorite book, pick a page (the page number will be part of the password) chose a line on that page (again this will be part of the password), use the first and last words on the line and then second (first last second) and use these, add a special character- so for example:
29Johnaway!spirited32 will be a very strong password and as you have the book you could mark the page to help you remember it.

2. Always use a good email provider such as Tutanota or Proton Mail AND use a different password for your email and exchange site.
3. DO NOT open any email or attachments that are from unknown or unsolicited sources.
4. Keep your anti virus and anti malware up to date.
5. Keep your OS up to date and especially fully patched with any security updates.
6. Do not use the same password for all sites-use seperate ones for every login.
7. Encrypt your hard drive.
8. Use a hard wallet such as Tezor etc.
9. DO NOT leave large amounts on exchanges-put in, do trade then remove to hard wallet.
10. Use two factor authentication wherever possible.


 

I Think we will definitely try to go to the level of 20 000 in winter, bitcoin always does this. Bulls check conditional levels of possible growth. Maybe even higher rise but the minimum would be 15000

Yes, you are right, there are way to many crypto currencies right now on the market.

The average life span of a crypto currency is about 1.5 years so, you can expect a lot of them to fail during this time but some of them will succeed and will be used on a larger scale.

Take a look at ETH, a few years ago it was just an ordinary crypto currency but now it's used by millions of people.

I think there will always be a lot of them on the market because as soon as one closes, another one comes back to take it's place.

You need to weed though them and select the ones with a good idea behind and a higher rate of success.

Newspapers can write anything, it's just another news throw! As you imagine the existence of a world without banks-it's ridiculous and unrealistic - it's a Huge sector of THE world's economy which is simply impossible to ignore.
And if banks disappear what will happen to people where they will carry their money 80% of the people of the earth still simply do not know what cryptocurrency and even more so how to use it.

This really what I keep on asking myself since we all know that cryptocurrency dominates the bank as time pass by. I wonder will it result to total collapse of bank industry?


Feel free to drop your comments here.thanks

I spoke to someone today and they told me that they read somewhere that Bitcoin crashed, because some stock exchanges

does not want to allow Bitcoin EFTs.    I stopped him and explained that a EFT Electronic funds transfer is the

electronic transfer of money from one bank account to another and a ETF is an exchange-traded fund. { an investment fund

traded on stock exchanges }

The general public is getting confused between ETFs and EFTs now.    We have a lot of work, guys and gals.  

you can never stop people from making such comparisons, they have been doing it for as long as I can remember. as it was pointed out, most of them are just spam advertising their bags but also there is another group of newbies who see bitcoin and see its rise from $0.01 to whatever the current price of that time is and think they have missed the chance of making a good investment so they seek out alternatives that are still at lower prices and think if they invest in those they can make the same profit when they go up to bitcoin price levels. but what they don't know is that those altcoins never go up to those levels because they can not do that.
this group ends up comparing their altcoin with bitcoin mostly to see if the price can catch up.