As we know for sure that global market is counted in multi trillion dollar industry and this keeps getting higher in value day by day and year by year, I doubt that crypto currency may at a time will disrupt this industry,
The doubt is but obvious because crypto currency as a whole including BTC + ALTCOINS together is not even amounting to the trillions or so and thus it is just little toy in a big toy shop. It may not even impact it because it is global stuff, and traded all over the world at the same time and hence also gets too much diluted over the time.
This is why crypto may not have any impact over the global Economy whatsoever.
Any thought reading this?
For the time being it is not possible to become a trillion dollar industry as we know the situation but in the coming years if given a chance to offer the best in cryptocurrency this will surprise us all. We don't need to hype it all but let the market speak it with the demands as crypto is unpredictable. |
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For me I think its just refreshing the market then it will go down somehow until when theres a good boost but I hope that this situation will end and the market will come back on its own. This situation is very unfavorable to investors since there are so many things to consider and not taking so many risks.
Yeah this is finding the real price that will make a starting point for the bull run. It seems a reset of prices until such a new investors wants to to make it all out. Many of the investors are just waiting for the spike as this could be the indicator that the bottom has reach. |
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The market has spoken and we know what currency has been in terrible damage for almost a year of bloodbath. For sure we can visualize how good those coins in a worse market situation and in the future we can predict what coins will give us profits in the next bull market. I'm still following bitcoin as my future coin.
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Today’s event about ripple and Etherum has just shown to all that in crypto currency, prediction is not totally allowed neither is it the best resort.
We can only focus and do our research works
The risk is inevitable
hope I get more ideas from replies
This is a speculative investments it's normal that people will speculate prices to gain hype and create more buyers on those coin. Those experts are also a bag holders as they buy at cheaper price then they will create a prediction on their live video or in social media sites. Then those followers will buy those coin he being promoted and once the price rise...he can sell his many token at higher price. TBH don't trust anyone in cryptocurrency. |
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In other words, what makes you decide to follow a project?
Basically I will check the team behind and the product that they will introduce to the community. A strong team can attract many followers that will create a strong community. This is a reason why a big projects has a solid team and advisors that has already experience in dealing cryptocurrency. |
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This is now a huge correction after ETH hit the all time high and the possibility to fall to $50 is much positive as no any good news that will reverse the trend. I'm a bit surprise with the flow of market prices as we will lose our money if we have no knowledge in crypto.
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The crash will teach alot of people a bitter lesson and they will learn from it,
they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
You have a point mate, this could help us to become more stronger in crypto. We should learn from this dip as this will happen again in a volatile investment. |
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With the downfall of the crypto market, buying coins is a good option as those quality coins has been undervalued. I prefer to invest on those currency that belongs to top 10 in the coinmraketcap as those can easily recover once the market returns to green.
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Considering the recent downtrend on the crypto market in less than 24hours, the market has recovers over 10% profit.
What are we to expect next? Bull run or just a trap?
Those little recovery is just minor uptrend as the market is still in bearish trend. I think this will continue until the year end and next year could be another challenge to us. |
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The crypto market is in the red right now, Ethereum suffering the most, but don't panic sell people, it will rise again.
Yeah it's easy to tell please HOLD and don't panic but those people who bought Ethereum at $1000 price will they have patience looking up at the price of ETH that we have? Anyway if you will let your emotions decide for your fate then you will end up losing. |
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This downfall is a best time to buy with the unexpected price of bitcoin. We just need enough patience to hold our coins and not be affected with this downfall as this will bounce back.
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It is hard to predict price but bitcoin as a master can easy go to 12k buy end of this year. I am realistic and not romantic that where i see the price. What price you predict btc will be by end of year.
I think without any good news this bitcoin will not going to hit even at $8k by end of this year as the market is still in bearish mode. This year is opposite of last year. I'm happy to see the price will reach to $6k which I think is possible. |
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Hi,
I see a lot of people being hacked or lost money.
I know a transaction is final but can you track them to a exchange?
So you can call the exchange and ask them to hold the wallet or something?
Or can you track them another way?
I hope there will be a good solution for this in crypto.
It's hopeless to recover any funds that being hacked or mistakenly transferred to other wallet as crypto is a decentralized currency. We need to take extra care on our wallet and never put all your assets in a single wallet. Crypto has no support from the government and we can make a complain to them. |
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Friends, the capitalization of XRP overtook Ethereum's, what do you think: buy and waitg for the growth rate or...?
I think those will only a temporary ranking and ethereum can easily recover their ranking once they will bounce back after the fall. Although this will affect the investors decision to trust ETH but I'm still optimistic that ethereum can stand again. |
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I just came across a paper written by John Griffin and Amin Shams which states that the bitcoin price was being stabilized because of a coordinated price manipulation with tether.
I respect empirical studies but I don't want to believe that. Many have become millionaires because of their investments in bitcoin and other cryptos, which is what attracted even more investors as these new currencies were being adopted by many to conduct business.
I am still a bit puzzled by the results of the study.
People are greedy for their personal interest and they will use their power to get what they wanted. This is the reason that they will create FUD to distract the attention of the small time investors to sell their coins and those manipulators will be happy to buy it at cheaper price. |
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Will the Ethereum, the crypto that held second largest cryptocutrrency place, survive this week mayhem?
Is it a deep crash before it goes up?
ETH/USD is down 0.55 percent on day at $173.77 and is down about 18 percent for the week already.
The trend for the long term now remains extremely bearish before any meaningful stabilisation in the prices.
Are we going down to double digits?
It can go up or down which will depends on the demand of the market. Ethereum is a good currency and this will bounce back once the market returns to a bullish trend. Although it takes time but for sure if we have patience then we can get our profits soon. |
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There's so many good quality altcoins are now undervalue due the recent dumps of Bitcoin and Ethereum. Those altcoins will take enough time to recover as this will depend on the progress of bitcoin. I will still go with bitcoin if I have money to add my investment as this will be strong currency for the future.
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Guy you think Neo will hit 200$ again? or it will be dead ? i got very special feeling about neo i think there will mass adoption for neo in china! well i dont know maybe in the whole world !?
Yeah this will hit $200 again at the right time and right market condition. We can't expect to rise any coins if this bearish market will continue to fill blood on the market prices. Neo is one of my favorite coins that has potential to grow bigger in the future. We just need to wait for the best time for this currency. |
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I consider the team behind the ICO, experiences and the application of the product to the community. We have many ICOs that have the same application and the competition is too tough for a newcomers that will resulted to failure during the crowd sale.
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Socio-economic problems accumulated over the years, so they cannot be solved overnight. We'll have to work a lot on this.
Bitcoin clearly has a social impact on society, especially how to think and act in the world of trade. Using bitcoin removes boundaries between regions and countries and transactions can occur instantly in seconds and directly because peer to peer technology eliminates the third party role. That's the real purpose why bitcoin was created. The problem if this will be implemented is how to manage the volatility of bitcoin as those merchants will not accept bitcoin as payments due to unstable price. I think to solve socio economic problems should be tackle with a long term plan and this should be initiated with the governments. Crypto is only a tool. |
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