It can be the right time to buy altcoins. But nobody really know if the down trend is finished. We can see some resistance from some altcoins to not fall down more. But some altcoins are still falling lower now. It is like people are still trying to maintain the dominance of bitcoin to near 70 percent.
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Buy fiat and altcoins if bitcoin is at its highest price. Some people think bitcoin has a low price and some think that its price is high. Nobody can really tell you what to do with your money. Do your own analyze of the current trend for bitcoin.
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No, i don't think it is much easier. A bank account on blockchain is doing KYC like in an exchange. You have to take a selfie and send almost the same documents than opening a bank account. Except you don't sign any document and there is nobody assisting you how to take the pictures and why the pictures are not recognize by the system. And why would someone want to open a bank account with a company doing cryptos? To accumulate cryptos? But with the volatility i don't really see this happening. If it is only for trading, an exchange is enough. And having a wallet for your crypto is enough. You don't need any intermediate to keep your cryptos. You don't want to give them your private keys.
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There is no 0$ transfer fees for ETH wallet. Except if the coin doesn't move from the wallet. Some other wallets did claim this, but in reality it was not true. Fees was still due and maybe could cost more than the current network fees. And you did not have access to the private key.
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It is true that the current bounty hunters are earning just some few peanuts. And sometimes never get paid. But what can we do? The investors of thoses projects are surely losing money if they sold their coins under the price they bought them. And sometimes the volume of exchange is so small that it is not worth to sell your coins as it would reach 0 satochi. And sometimes the ICO team leaves the project and the coin is no more tradeable in an exchange. That's why you can't be a bounty hunter as a full time job. This situation can be because there is not enough traders and because nobody want to buy/sell thoses coins too. We know that the majority of altcoins are dying.
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I don't really know what will be the price of ETH at the end of 2020. Can someone know what will be the price at the end of 2019? The price will depend on the price of bitcoin. At the end of 2020, maybe ETH can be worth $500?
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Never regret what you have done. The past is the past and can't be change. Regretting something won't change your future. Be happy with what you have now.
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If there is no more exchanges, people would not buy bitcoin and altcoins. Only people having cryptocurrencies into their wallet would want to exchange it. They would completely lose their value i think. Because traders and speculators would not buy cryptocurrencies. And maybe 10000 bitcoin would not be accepted for a pizza...
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Altcoins are currently in a bear market. Bitcoin is not curently in a bear market. Can bitcoin return back to $7000? Maybe. But the bear market is now concentrated on altcoins. It seems that improving the technology does not interest current speculators. Only bitcoin and usd interest them.
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Most coins are dying (free or not). Some maybe are going to see some growth. But currently they are struggling and we can just keep holding thoses coins. Some coins can increase by 50% or more, but it is because the volume of trading is very low and their is a big gap between the buyers and sellers prices. This can make it like a big increase of the price. But in reality, the volume of exchange was very low.
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I don't think everyone will possess some bitcoin. Only cryptos speculators and people who are interesting about the technology or dreaming about becoming rich are buying bitcoin. I don't see an adoption of bitcoin in the current society. Yes, there are some credit cards companies offering to pay with bitcoin. But you have to rely on another company to pay with your cryptos. Personnally i don't have this kind of credit card and i don't really want to have one as cryptos is too much volatile. Bitcoin can gain $1000 dollar in the next 30 minutes or lose the equivalent sum. Paying with bitcoin is not going to happen.
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I use crypto for trying to make some profits (but that's the contrary). I did try some casino dapps, but that's all. I don't have and see any other use of current cryptocurrencies. I don't see it as a saving account as it is too volatile.
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I don't think we are going to see a bull run for altcoins this year. Maybe it will start at the beginning of next year. But i hope it will happen sooner.
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If Bitcoin continues to grow, ETH will start to grow, and now ETH is too dependent on Bitcoin to grow on its own
Right!! For the moment, i don't see that ETH is starting to grow. It is the contrary. It is still losing against bitcoin. Bitcoin has more than 70 percent of dominance now. Can it continue? I don't know. But it can mean the end of altcoins and that crypto is only for speculators. As creating new altcoins will have no meaning to continue as people are only going to buy bitcoin. Or the trend can reverse one day.
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I don't think it is a too big bonus for the early investors. As they are taking the risk to lose all their money if the ICO fail. And most ICO propose this kind of bonus. But it certainly doesn't help the price to be maintain at the ICO price.
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CryptoNote coins were more preferred by GPU miners but now some of them are ASIC compatibles. Scrypt is preferred by ASIC miners. CryptoNote is for anonymous coins. If you don't want people to know how many coins you possess, CryptoNote is better.
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I would trust the crypto market. But don't forget that the one traded "freely" is "controlled" by some whales. Coins created by business owners are traded almost the same way. For me, they are in the same category.
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You should not regret your decision. There is nobody to complain too except yourself if you took a bad decision. You should know that trading cryptocurrencies is a little like gambling. There is certainly more losers than winners.
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Yes, gold is a safer investment. Whales are surely manipulating it, but they can't manipulate it too much like bitcoin. It is more stable. And the demand is real if there is a growth. Look at the current price of gold. Whales having bitcoin are trying to manipulate people by telling us that it is better than gold. But it is not better as it can be manipulate by them more easily. There is apparently near 1850 wallets manipulating the bitcoin market... Ethereum and other cryptocurrencies are more manipulated.
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Yes, they are the future of cryptocurrencies. But i don't think we will see them being traded on current cryptocurrencies exchanges. And some governments can impeach the trading of thoses cryptocurrencies if they don't want to make friend with a country. People are still going to have to follow their government laws and that does prevent the use of certain cryptocurrencies like the Petro.
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