That is cool event, its really great to see slowly crypto gaining grounds and entering the real world and presenting the real world usage i have to say that crypto mass adoption seems to be a reality soon.
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Although im positive that Eth will surprise us all with its bullish trend in the first few months of the new year but the recent dip has been a turn off i was quite sure that eth will become uni directional now for atleast few weeks i hope this dip will be just a correction and the up trend will continue.
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We cannot say this as of yet. Bitcoin has been the biggest coin that supports pow so till bitcoin is living on pow algorithm i do not think that pow is going anywhere yes some coins are changing to pos algo but it will not put much effect on pow untill we have bitcoin with pow protocol.
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I am not sure about satoshi raising funds but actually bitcoin did had a whitepaper and plan in the beginning so may be they had raised the funds by selling btc online while if i remeber correctly eth did raised funds before the development and during ico it was sold for around 70 cents per eth. I think raising funds is the basic requirement for each startup and their is no harm in investing in these projects if they are legit and serious with innovative products and solutions.
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Eth co founder has also announced that crypto bottom is just over and when eth crashed to around 80 bucks was the ultimate bottom this news and alongwith upcoming constantinople upgrade eth seems to be moving in the right direction and trend reversal can almost be seen already, i think if the hype and fomo kicks in eth can hit 500 in no time.
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I think the most anticipated token for me is foxt because it is a profitable auto trading platform and it will launch fully in january. It is my personal analysis that if everything goes well foxr does have a potential to yield 10x to 20x if we invest now and wait for the profitable performance of the platform.
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I think not only Taiwan but most of the advanved asian countries and regions will soon thrive in blockchain as well because they will soon realize the importance of this tech and will accept it as future tech. Only problem i see is with the countries like India, Pakistan and Bangladesh etc where politicians and even bearocracy is living in stone age and they are not aware about the technology advancements or we can say these countries are tech illitrates so yes in such countries crypto acceptance and adoption can be a challenge.
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That is more probably for two reasons. One is that it is really hard nowadays to find a desirable domain name in .com and second reason is that because these projects present themselves as new startups that are interested to raise funds from the community that is why io (initial offering) suits them more because io gives them the opportunity to select their desired name and also share their intent to the world that they are looking to raise funds as initial offering.
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I do not think bitcoin is going any where it will be here and grow stronger by every month and year untill we see total crypto mass adoption. Only after that btc may be replaced that too due to its slow network to deliver billions of transactions in a minute. On the other hand i do not think bitcoin cash is a serious threat for btc.
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Yup there is a need for a decentralized swap based exchange where any token or coin can be swapped for eth i think this kind of exchange is highly needed in the market and it will be instant hit if anyone comes up with such a project.
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From the options you have posted i will pick BAT as it is a solid project and already has working browser and services alongwith more products and features to come also BAT has one of the most competent and experienced team working for the project. I see Bat easily growing to 1 to 2 bucks in the next alt season. Other than that Eth is also good buy im buying more and more eth because im sure it will grow back to 1000 mark sooner or later making us huge returns.
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You are very right but it is not so simple, i do not think that we can find the bottom so easily and same is true with the peak. Even in the current bear market we are yet to see serious rejection or pin bar or anyother indication of bottom may be we are still to reach the ultimate bottom who knows.
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I will somewhat agree with you and agree to the fact that we should be careful and not get into any sort of fomo as of yet. Personally i think for bear trend to be over and bulls to take over btc has to break 6k resistance and eth has to break atleast 200.
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Yes regulation is needed to save investors money, only licensed icos should be allowed to raise funds and license should be issued after thorough details, investigation and analysis about the project and after ico their should not be unnecessary interference by authorities because we have to keep the unique and powerful decentralized concept of crypto alive also.
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It is not impossible as long as SEC allows it to happen but i have seen some off shore and forex related brokers that are already offering this service, so i think we are on the right path of adoption and btc will keep entering all the business and financial niches to become a globally accepted and compliant currency one day.
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I do follow a lot of btc and crypto related twitter accounts including ian balina but to be honest with this much longer bear trend most of them have gone silent or paused and also most of them have gone with the trend and are posting negative stuff nowadays which is not a good thing to do.
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Giving up is not an option for crypto community so we have to stay positive and keep supporting the projects we are following, with consistent developments and support of the community im sure market will recover and come out of this bad patch soon.
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I think it is just the technical analysis where some traders post that soon market will find bottom and reversal will occur, also the market psychology charts do support this idea but the same time no one can predict the future so we never know when market will reverse from here.
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The expected outcome is definitely extremely bullish due to this upgrade but due to the current terrible market situation we cannot say what will exactly happen, i am hopeful we will see some trend reversal and recovery for eth.
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I hope the next wave will prove to be positive and it will push the market volume to all time high levels, i just hope that this wave will start soon, sorry butim not talking specifically about xrp here but im talking about overall crypto market.
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