I think it's feasible this year but I dont think it'll sustain that price long term until another few years. One potential game changer for that would be if BTC price ever starts falling but Eth holds its price. That would indicate a new king in the crypto world and I think we'd see the price rocket up to 3 possible 4k.
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It took people a while to transition from paying with cash to moving almost entirely to credit/debit cards and the same sort of transition period needs to happen with crypto. It's already slowly happening though with things not even related to crypt like people using wireless payments, online transactions via paypal, Apple/Android pay etc. The only real thing holding crypto back is the transactions per second, TX fees, ease of entry to new comers and finally merchants accepting said method of payment.
There's still all those problems to solve but someday after a few different generations I think it'll all come together into a unified worldwide currency much like the Euro did with Europe.
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I think you'll see people who got hurt because they invested in December/Jan selling when they think this little peak is about to end. So soon as the numbers start indicating a sell off it'll come straight back down again.
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Obviously a scam, why would they need you to send them an Eth transaction to verify what exactly? It proves nothing.
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Your comment about Googling developers and not finding any historical projects or news about them, how many coders tend to use alias when contributing to repos or have never made their stuff publicly available?
If you Google alot of the devs behind alot of the big Internet sites and apps I doubt you'll find much historically about them.
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I think it's most likely people moving their money from altcoins into more stable crypto like Bitcoin, it wouldn't be 'new' money with it's current health. So with each step down you'll see waves of people selling off their weaker stock and slightly pumping bitcoin backup as the market becomes more bullish. However long term I think we're in for a few months downturn.
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Had a good run over the past few months so managed to settle all my initial investment to break even. Everything now is profit so no risk of holding however I do scrape off some profits here and there into more stable crypto like Eth.
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I disagree, it's perfectly acceptable to trade in dodgy coins long as your not mistaken that they're a load of rubbish and hand them off soon as you've taken the desired profit. There's been a couple of ICOs I Invested in upon further research to find they were a bag of trash but still made a profit because I wasn't greedy when selling them.
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Extremely strong whitepaper and excellent roadmap for delivery, hopefully count me in for the bounty program and future community of PAVO
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My advice would be if you can afford to risk losing that $12k then great stick with what you feel and hodl. On the other hand if your counting on having that money back, plus extra by hoping the price goes up then use your head get some financial advise and consider if cutting your losses and walking away maybe a better option.
Shouldn't be gambling your future on feeling the bad times are over. The entire thing could collapse over some serious FUD, be it Tether being a massive con, a major exchange being owned, a vulnerability being found in the crypto, market manipulation or banks banning exchange back to fiat currency etc. Yes the potential for long term moons/rarris/lambos etc makes everyone excited but very rarely do people on a forum dedicated to those with crypto as a hobby talk about the bad things.
Take a break and think it over properly.
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No I wouldn't invest, either because A) If I was confident enough that crypto would become so huge in the early days I'd be minted now and not browsing forums B) If the question was would we invest in Bitcoin if that wasn't around but all the other coins like Eth were then no of course not, it's founding principles and crypto were amazing but alot of what the other coins have done is just build on top of it. It's like asking Would you buy a steam train if they were invented tomorrow rather than an electric train?
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Some of my coins have gone from $150 down to $15, not the end of the world since I took some profits during the peaks in December. Not really bothered about buying more back in right now but for anyone looking to invest for the first time, this low won't last for much longer. Maybe a few weeks maybe a few days but it will end and once it starts its upward trend again the media hype will start and we'll be back to where we was in November.
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Free airdrops, maybe if you put enough effort in but need to keep track of time/profit or you could end up working for less than minimum wage.
Airdrops where you receive them from owning said coin/token are questionable. I always thought their simply diluting the price given everyone a fixed rate of tokens. An example is KickCoin if you look at value after each airdrop the price tends to drop by whatever % of tokens are dropped.
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March 29th Price - 0.046, todays price 0.035. Wouldn't say it's the worst decision in the world given that Eth has lost about the same percentage over that same period. All the top 20 crypto tend to gain/lose pretty much the same amount when you average it out.
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Depends how much tokens you get, if I can cash out $100-200 and still have $800+ tokens left I will. No point holding all of them and being greedy that way if it doesn't work out long term at least you got something out of it.
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Sold some of mine recently at the around the $0.001 mark. All the rest are staying where they are for the long term prospects and incoming airdrops.
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Shouldn't be investing anything you can't afford to lose to be honest, take the profits when you can and don't be greedy. I started out with a $1500 investment back last August and since then withdrew 2x $400 when the price was good. Yes it eat into my 'profits' at the time but as the price now tells, profits aint a profit until you cash out. I'd recommend this to anyone in future looking for a safer investment without the greed of "Oh I won't have as much profit if this goes x10, x20 etc".
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As one other person pointed out their biggest competition don't even have an app yet so who cares about the price. First to market and wide spread adoption will be the ultimate winners.
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In another two weeks time we'll be looking back on these prices thinking "Ah those were the good ol days" $300 here we come!
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Until you can make payments at most stores using crypto there'll always be a need for banks which yes the government control. Was this all made up by the government as some massive conspiracy to keep the masses quiet for a few decades? I highly doubt it.
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