Nothing really I believe, because ETH is so low. Most of the coins are based on ETH, and loosely tied to it. Therefore everything depends on ETH.
Maybe if a crisis happens. People usually start to lose faith for a short amount of time in traditional stocks, bonds and banking institiutions. This is why Bitcoin was created, and became what it is today. However the economy goes really well now, and noone seems to care about cryptocurrencies. I feel that crypto is an inferior good in this aspect.
Yet again, hype and usage is a huge factor aswell.
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The stock market, and the economy of the world in general, is in great condition, everything is going well. And the crypto hype is gone now. I see no reason why would the average Joe ould consider cryptoes.
So until another crisis, I would not put big amounts into cryptoes, or until something meaningful will happen. Because few cryptoes offer something really useful.
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Összintén májusban és júliusban is csináltam airdrop regisztrációkat, az őszinte véleményem az, hogy kb 10-20% lesz sucess a projekteknek , és van olyan mi kb adig jút el, hogy airdrop vége után 1 héttel már a weblap sem elérhető vagyis kb az airdrop olyan mint aranyat mosni Alaszkában , kézzel és mosó tálal , árvíz idején tavasszal ... kb. semmi értelme. A Júniusi 38 regisztrációból kb. 6 reg ami még elérhető vagy adott - inkább látható, hogy van coin - bármit is de azok közül 1 db van ami kiutalható ha befizetek 0.015 ETH és a coin amit kapok érte jelenleg ér 1 dollárt Ezekután nagyábból az óra béred a 0 és a végtelen semmi között értéket veszi fel. En is most csinaltam bountyt, habar nem airdropot, hanem signaturet. Kivancsi vagyok, hogy fizet! Meg egy kerdes: valamiert newbie vagyok, Jr.Memberrol minositettek vissza. Valaki meg tudna mondani, miert tortent ez? A bounty most lesz kifizetve, es ott meg jr.Memberkent regisztraltam, nem akarom, h emiatt semmit se kapjak! Ezen ne múljék, megdoblak egyel!
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Well, the market is not so good. However, we are after the big falling, and if you look at the long term of the market, with any coin: BTC, ETH.. you can see the downwards thrend. Now, you can see the downwards trend stopping. This might be a very good sign. Also, October was the time when cryptos started to kick off big time, last year. Hope so something similar happens.
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there is a slow downwards trend, which is slowly slowing down. Sounds weird, but the intensity of the falling was high, and it decreased, and we are getting close to the level where the falling stops. So with a bit of TA, we can regain our hopes!
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ETH is in a really bad market position right now, it can happen that XRP might overpass it. I checked right now, and ETH has higher market capitalisation, but it might depend on the smaller swings, as these are kind of close to each other (single digit percentage).
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With such a bad market with low ETH price, the investors are not encouraged enough to invest their assets into ICOs, I feel. However, if you can find a succesfull project, then go for it! But to be a full time job, I dont know.. maybe you need to live in south-east asia, at the not-so well off regions. Then, it can be a job.
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I really hope ETH will bounce back. It brings some coins so low, that depends on the price of ETH. Also, it would mean the death of plenty of Tokens. I'd be really sad. I'm hoping for a revival, maybe at the end of the year. and also, that revival may have just started. The drop of ETH has slowed down, and it might turn into an upward trend soon.
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Depends on the type. If it is an experienced, not spammer bounty hunter, then yes, that person can have a great feeling on investments. But that does not mean that an investor cannot have deeper insights, or can judge better from the same information. However, I feel that if you are translating, you are essentially understanding and translating the whole whitepaper, making it possibly the best form to understand the whitepaper. And you can extract various information about how it's written, what is emphasized, how its phrased, the effort put into it, etc. While investors usually don't go so deep, but their reviewings cover much more projects at the same time, essentially making their readings more effective. So its hard to judge, because if an experienced investor put plenty of time into evaluating a single project, may understand it deeper and judge it better than a bounty hunter .
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On short term, ETH will continue to drop. On the long term, the Casper update may give it some value, and turn things for the better.
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Stabile market is something desirable, and looking back to the trend of ETH, its not even gambling, its just sound like a bad decision. Gambling would be when it is hectic, and hard to predict what will happen. But I'm almost sure that the value of ETH will continue to decrease, or stop. In December, 2018. ETH shall switch to PoS, and hopefully it will make things better for the coin.
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I would say it is not yet a good time to buy. There is a long downwards trend that is continues to be. Until it will not break, I would not buy ETH! It might be, that I'm woring, but I would wait for a safer market condition.
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I would wait until the market stabilises. Right now, there is a long, not-so-steep downwards trend that actually discourage people to invest into ETH. In the worst case scenario, the ETH hard fork going to increase the value of ETH, and hopefully braking this downwards trend.
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Oh boy, the market is so low right now. I'm really sceptical, however, I think it will bounce back, and eventually you will be able to make some profits if you invest right now. However, I would not do that. I have lost faith in the market condition for a while now.
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There are so many ICOs due to the fact that there are close to no barriers to create one. NEO ICOs have a barrier, and there are way less scams there. Also, some form of regulation would be needed. It is not so easy to determine which ones are scams. But the question, how can you determine is an ICO is scam, has been asked around a hundred times in this forum already, and I'm going to sum it up shortly. 0. Look at the project. Is it credible, and based on a good idea? If not, it will make it really hard to actually make profits on your investment. 1. go to icobench/icodrops/etc. and select a project with moderately good ratings. Read the critics, and focus on that, and you can learn what are the weak points of the projects. 2. Look at the team. Are they competent, how much experience they have, and what connections/partnerships do they, or the project have. If they have partnerships with famous companies, that is a highly positive thing. 3. Read the whitepaper. You might already know what they are doing, so focus on how the whitepaper is written. How professional is it, what do they emphasize, how they phrase sentences. I have read and translated plenty of whitepapers, and boy you can extract so much "hidden" information by simply reading the whitepaper thoroughly. 4. Look for further red flags. If you haven't seen any already, that is a good sign. If you did, consider your options, weigh what is against is, and then decide.
I hope I helped!
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ETH drop should be optimal for any token which's price is locked to ETH, not USD.
However, who would invest in this market? Now, we live the 2008 crisis of ETH. It is not appealing for investors to invest right now.
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Mine extended to ~30 weeks. More than half a year. Luckily, the payday is closing in, and I can say, I can't wait! Probably going to earn a nice reward for my long and hard work. All I can say, work hard!
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Holy moly, 176 USD etehreum is something I did not expect. After the bullrun, I dont know if I would have thought about such a decrease. I think it will hit $150 eventually. But switching to PoS will help on the coin, and maybe on the ICOs. It will decrease the costs of running a business on the Eth network.
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Because trade into each other. If an Alt goes up, people will sell it into BTC, as it is the "local dollar", something what everything trades into. So this is why they correlate. However, USD pairs in more exchanges have appeared. This might cause the correlation to be looser, but in my opinion this is only a small percentage.
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I'm losing faith in crypto. Seems like the whole sphere is not focusing on how it can be useful, but to "be crypto" and to live within its own world. Without real usage other than being a speculative investment and launering money, its deemed to fall.
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