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#Proof of authentication
Bitcointalk username: sithuleee Campaigns you participate:
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It looks like almost all the demoted newbies are aiming at merits now and it makes more spams than previous. So I think it is better to say "bye" to the forum for a while.
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Yes. You are right. We saw lots of suggestions since yesterday and this might be another suggestion from me. The forum admin demoted lots of members yesterday in order to reduce the spam. That is a good step. You can see that even my rank was demoted due to that reason. But I'm ok with it. Here I come with another suggestion to reduce the spams even more.
Recently I have seen that lots of bounty managers ask from the participants to make at least 25 posts per week to qualify for the stakes. Just imagine if we have 100 participants and if each one makes 25 posts then the total post amount is 25 x 100= 2500 just per week. And this is for just a one bounty. We can see hundreds of bounties pop up every day and keeps counting.
So my suggestion is to force bounty managers to reduce the required post amount per participants. This is just an idea. Any person here has the full right to reject my idea. I'm ok with it without any arguments.
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Ok. Now we will able to see come carefully written posts in all over the forum. Somehow, this is a good step to clean the forum from garbage posts.
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ETH looks start going up slowly. More special thing is it is bouncing from a good support level. Sooner we will able to see ETH above $500. But it will take some times to reach the previous ATH level.
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This is still early stage of the crypto. It has a long way to go. Still very few people all over the world know about the crypto. So just imagine about a world that all the people know about crypto. Then what will happen to the price? Surely it will gain this much growth I think.
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Wow. $50K for BTC. I think that expectation is too much. Also the post has been created in July and now we only have 3 months to go to finish this year. But the BTC is still around $6000. So can we expect that much growth even if the ETF get approved.
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There is no need to do anything. If the people get some knowledge about the market and its behavior at least in basic level then it would be help people to stay calm when they see this kind of situations even in future.
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If we take a look at the technical analysis of the ETH, still it is at a support level. Probably this is the last known support level for the ETH. If it breaks this support level then I don't know where will it stop. maybe $50 level?
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If the tokens you are holding belongs to a good project then holding will not give you a reason to worry about. Because we all know that at the early stages what was the price of BTC. It was even under $1. But what is the price now?. So waiting for a better moment will not be a bad option.
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We all only can predict about what is gong to happen. It is just a hope. But I think the ETH will not become zero as it has come this far. But anything can happen in the future. But if ETH become zero then we will not have remain anything to say about other coins.
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Even we can think that the market will recover, we cannot predict exactly when that happen. It may take weeks, months or may be years. Recently the market has dropped more than 7X - 8X.
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I don't think the ETH will be vanish from the market. Surely it will recover in the future. However we have to admit that ETH has dropped huge than we expected.
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Both investments are risky. If you invest in crypto then you will able to get some quick profits if the market conditions are good. But if the market is bad like we are having now, then you may lose most of your investment. Share market is better than crypto. But the earnings are not quick as crypto.
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That depends on your ability. If you are good at trading then you can earn a decent amount of profit by trading. Mainly you need a good emotion controling ability and a good knowledge about the market. If you don't have those then trading will not be a good option for you.
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Recovering the market during this year is not very easy one. I don't tell it is impossible. But the chances are very rare to recover the market during this year.
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The market is still going on and we can't see where will it stop. May be this drop is a temporary one or may be a permanent one that will never recover. We cannot tell it exactly. Anyway, if you have some money to invest then I think this is a good time to buy some tokens.
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Recently the price if ETH is below $190. What a crazy market is this. Lots of people have become hopeless now and they are waiting to see something special to be happened.
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I think this is not the end of crypto. But surely some people may leave the crypto industry. Most of them will be uneducated and inexperienced people. That is good. Also this drop will help to eliminate the bad and scam projects from the market. These are the positive things that I see during this bear market.
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I don't understand why the market dropped this much. For ETH it is from almost $1500 to below $200. A huge drop. More than 7 times. As I think the main reason is still the crypto is not a well established market. It will take more time to become a well established market like forex
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