There is no gainsaying about this, that Ethereum is truly the king of all altcoins.
Ever since XRP took over the 2nd position, i knew it was not going to last. The updates that were being announced were just taking profits.
Inasmuch as cryptocurrency and blockchain technology is concerned, decentralization will always take the lead, because that was the purpose of creating blockchain.
This is just the beginning. The Bakkt approval has not yet been lunched, other proposed milestones have not started and this is happening (eth on position 2).
What if the updates are eventually integrated, we might see ethereum at 0.05 BTC per ETH.
Now everything in Ethereum depends on the next update. Ethereum price will rise very fast if there is a positive and non-problem development. I agree. If they really did a good job in this update, then Ethereum would moon once again. I'm also hoping for this development that they are going through. Also, once they upgraded their system to make it even more faster and convenient to transfer, then I think more players would use it. |
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I got to admit. Most of those buyers are investors trying to make some profit over those hype coins. The only altcoin that I can think of that have use are Doge and Ethereum. I use Doge to transfer exchange to exchange because it is cheap and faster while I use Ethereum to pay bills and credits just like I use Bitcoin.
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Such hate. I'm sorry that you lose so much during the 2017 hype. I hope you recover your lost even though it might be hard. I think you are right though. The majority of the people who ride the train are those who are trying to make some profit. I have to admit that I am hoping to get some too but that's not all, I use Bitcoin to pay for some services like paying bills and buying things because bitcoin is a lot faster and convenient in my opinion compared to others.
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This is why the media is destroying everything. Sheep like you always listen to those flowery lies even though you haven't really researched. Those each of those 1000 wallets is not controlled by each person. Did you know that there are exchanges that hold funds of the users? You should look into that.
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It's not impossible but rather hard. Bitcoin is increasing in supplies, meaning we need more miner to make the network stable. If the miners are not enough to make some transactions, then there's a possibility that Bitcoin would die because there would be a lack of profit in it.
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I kind of agree with you though but I wouldn't call them psychopaths but as a businessman. Although they are trying to make the price down, I know that they are doing this to make some profit in the future and they are winning I think.
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It's sad that because of this scams, a lot of investors have stayed away from cryptocurrency which plunged the price and made some of the legit projects failed due to not reaching the soft cap. It's just that it's hard to see some scams especially when it was professionally made. But looking at the team helped me a lot.
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Holding is probably a good choice right now because we are not expecting some big falls this year. If you have some strong coins that withstand bloodbath over the years, then you should probably hold it because it is proven. If you have shitty coins that just hype to increase its price, you should probably sell it.
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Probably a decent example is looking at those Legendary or Hero accounts who participates in bounty campaigns. You could learn a thing or two on how they advertise a certain cryptocurrency. You could start from that or watch blogs in youtube.
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There is news going around the internet where there will be an update. I think that's the reason why Ethereum's price is increasing these past few days. If they implemented it within this month or close, then Ethereum might moon because of it.
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You don't even need to ask. I know most of us knew that. It's sad but I think selling is the only way for them to compensate for their loss. They probably need to pay bills and buy stuff and their only asset is cryptocurrency. I admit that I had to sell too in order to gain more.
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You have a point and that might happen in the future due to the fact that there will be an advanced technology that could beat Bitcoin. The real question here is when?. Our technology is advancing so fast that in no time we'll be in an age where the computer is everything.
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You are probably referring to that India is regulating cryptocurrency. I really don't have enough knowledge about the law in India but I know that you can do those as long as you are anonymous so don't worry. Use trusted wallets and VPN to hide your IP.
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It's really hard to tell but from at this point, we just have to wait what is going to happen. All of the cryptocurrency today who have reached all-time high is probably dead, dying, or making a return. Especially Eth because it has one of the most down throughout the year and with the upcoming news, I'm sure it will make a return.
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The difference is that ICOs became stale because of how many ICOs were created and that most of them were scams. 2017 was the year of the ICOs because people are only focused on few that have potential and that the budget of investors was probably focused on those ICOs only.
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That's some interesting number. I only make 0.5-1% a day and that's my maximum and you make 5%. Interesting.
Holding would be a bad choice when you are investing in a shitcoin. Hold strategy does work, it would be a different story if you invest in something like Bitcoin, Ethereum, or any other old cryptocurrency there that have proven their worth. Also, when to invest is an important factor to add.
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It would seem that it is impossible to stop this at this point unless the whole internet in the whole world is cut off or all the miners stop mining. That's just how Blockchain works. As the advancement of technology takes place, it is more likely that it would be replaced by something more powerful in the future.
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Because pretty much we've cleared all of this "investors" that tried to make a profit last year but failed. Now there are big plans ahead and that some news says that this year would be the time to implement those. We just have to wait what would happen.
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