I don't really think that bitcoin is dying because what is happening to bitcoin and the market now is just a manifestation how bitcoin's volatility takes effect in a drastic way. This is our opportunity to buy more of our favorite cryptos at a very low cost now.
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Bitcoin has already reached its all time low at 3,000$ mark and i never expect of this too as i thought that 5,000$ will be its all time low this year. Well, i accept about what happened because i am also aware about how volatile bitcoin can be.
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It's already been expected since bitcoin's market price and capitalization is volatile. Indeed, it plunges down to 3,000$ making it as its all time low so far this year. I believe there will also be a good reversal of its market cap and price before this year ends.
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Having bitcoin and some other alternative coins in our digital wallet is just like having a saving in the bank but is more of an investment type. We can not have a guaranteed good result of our investment in crypto because of its unstable market price so we don't know if we have good ROI in the future if its market price will fall.
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Bitcoin has plunged to its all time low so far this year reaching 3,000$ mark but that doesn't shaken my faith in bitcoin and the alt coins. Instead of panicking, i hold on to my portfolio because i still see a brighter future of cryptos.
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I think when it falls down almost 100% of its base price and when the community and the team behind it is not supporting it anymore. It's more of a scam cryptocurrency for me just like what happened to the infamous BitConnect.
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That claim can only be supported or corroborated if every end of the year is like what we have experienced last 2017. I have a friend of mine how became rich sometimes in January this year because if we look at in the graph, almost all cryptos are rising drastically.
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ICO investment is still profitable if you are investing in a very promising ICO too. Despite the higher risks in ICO investment, investors tend to choose them because of the big discounts that they can avail if they become an early adapters or investors of that ICO.
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In my opinion, cryptocurrency especially promising one like bitcoin will live and continue to exists because it's already a mainstream and used widely in different business companies who found out that using the blockchain can improve their company's everyday operation and relationship with their clients.
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That's maybe because they lack of knowledge about crypto and they are not just risk takers. For instance, the market is also very down these days but once you have knowledge about crypto and know its nature, i believe that being brave enough to take the risks will just follow.
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Hard to give exact date when it's going to happen again but i believe the pump is always there but we just don't know when. Pump is just part of a crypto's existence especially if it is a promising crypto. Recently, we have witnessed how ripple took away ethereum's place when the unexpected pump happened.
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I don't think that's gonna be possible because even in regular KYC where one will just send their ID, i have still doubt if the team behind ICO really have time scanning all those IDs and validate whether that ID really belonged to the sender. It seems KYC has forfeited its purpose, IMO.
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Garbage projects are really polluting the cryptoworld and staining its image especially if these projects are just scams. Some projects could not make it reach its target capital during the crowdfunding which can also be the reason for the project to stop.
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Everything is not permanent and nothing will lasts forever. That's how i see the current market today and even if it stays longer than we expected, a time will come that everything will be going better and the market will be healthy again.
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In my assessment, ethereum has really a great potential to be more stable in the future than any other cryptos in the market. I am a bit curious too about Vitalik's announcement about the upcoming Ethereum 2.0 which i think improving well ethereum's functionality and usage.
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For me, it's a mismatch because Ethereum as we know it is already established compare to EOS and by just looking its market cap, they have a big difference. In addition, ethereum's smart contract blockchain is already known and mostly used by most of the listed cryptos in the market and ICOs today.
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You're not alone, i guess because you can count me in too. I've been into that situation where regret is bigger than what i earned from crypto but i don't think of it as a curse. I treat it as a lesson to not let my emotion dictates me what i am going to do and to do what is right.
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Before i made my decision to engage in bitcoin and cryptocurrency, i have already decided to accept all the risks that i will face in bitcoin and crypto investment. Fortunately, the good things that happen to me is overwhelming than the bad things because i already earned big in bitcoin.
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It may be correct as we can see how bitcoin has influenced other cryptos in the cryptoworld. With regards to cryptos market price, its progress depends on how bitcoin's market price status too. So i think it is just logical to think that without bitcoin, cryptoworld will not survive too.
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Oh, MLM really sucks! MLM can be a root scam and its scheme is only good for those members who are already there in the long time. MLM will just give bad image to bitcoin and the cryptoworld. It's the worst scheme ever than ICOs.
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