yea sure it can keep go up this year the project is solid - have a good team , tech , partnerships and use cases its as XRP but an open network - which many retails, companies and institutions prefer read about ZkVM and other stuff they are working on
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well the chart on binance looks bullish it really looks like its going to breakout upward from this levels at some point may go down too but it looks like easy double - or triple from here
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Feels like this topic is needed
So what do you say?
Why do you think this topic is needed? There are so many altcoins out there and not each one of them is being discussed here. Perhaps if there is no upcoming big announcement or development, the price of this altcoin will somehow remain more or less the same. [ALGO] Algorand is a nice coin. It cannot manage to climb to the 44th spot overall if it does not bring something to the table. But the fact remains that it is still almost a 100% negative in terms of ROI. many reasons really Because Algorand has a very good quality and features the founder is a well known guy - one of the inventors of ZeroKnowledge tech many partnerships even one related to CERN.. many more good things actually and there is no representation on this forum so if stupid scams get representation and people losing money why not show to people a really interesting project?
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Feels like this topic is needed
So what do you say?
The price looks very stable right now but it seems like that people are only interesting to get more coins from the exchange site and they use it to stake into the network to earn more coins and they will be dumping what they have been earned from the network. you right about that, since they have the Staking Program with 18% annual - on Binance it'll be over in 2 months , we'll see if lower annual earning will affect price somehow
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watch alessio rastani videos he talks exactly about that - what levels to watch to confirm if it is a bull market or not what price should hold - and when to sell stuff like that i learned a lot from him
asking in the forum will never give you educational clear answer
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If the price of the Altcoin goes up, then the Bitcoin value will go up. The reason is that when the price of Bitcoin goes up, the price of Altcoin goes up as well. If people start buying Altcoin more than today, the price of Bitcoin will go up as well. If the price of Bitcoin goes up by 2021, it will be a record. Am I right?
no if price of Bitcoin goes up - and the price of altcoins relative to BTC stays the same, so the altcoins price in USD goes up there is the game between this 3 prices that you can use for your own good if you understand it or lose money while you think that you are gaining
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well, all of the coins have realistic chance to do x3 - x5 believe me... and HUSH has so low liquidity that i would not invest in it in a million years
its a good strategy to find coins that can do x3 in the near future, and sell after it does x3 then find another coin if you do that 7 times, you make more than x2000
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this shitty project was born as a scam and will always be a scam they probably 51% their own chain
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Zcashpros: - Leader in privacy using Zksnarks which is cutting edge tech and one of the smartest teams out there.
- They're working on Recursive Zksnarks which would allow a constant size blockchain of a few Mb.. imagine running a node on your phone fully private!
cons: - Has a rediculously high inflation rate which can hamper the price
Ethereumpros: - Everyone is talking about DeFi right now, but the price hasn't moved just like with the ICO craze.. price didn't move even though everyone was jumping into ICOs. Sometimes price can lag
- Gaven Anderson is moving to working on Ethereum instead of Bitcoin which is huge
- They're moving to Proof of Stake
cons: - Blockchain size is reaching a limit and they need to move fast, other projects are also catching up
BATpros: - Which other project already has a product (Brave Browser) already being used by millions of people?
- Has global reach, not just Crypto Community
cons: - At the end of the day it's just an ERC-20 token, which doesn't really need to exist
Decredpros: - Personal favorite, on chain consensus and governance which let's people vote on which upgrades to add
- Most versatile coin out there, users are in charge of what to add. And they voted to add privacy features
- Stable funding for the project unlike other projects which ask for donations or go through ICOs
cons: - No one really talks about it much
Cosmospros: - Will connect both Bitcoin and Ethereum and allow developing contracts to work on any blockchain
cons: - Still new hasn't been battle tested, and I don't know the team too well
Also if you want to just let someone else do the trading / investing for you do check out CopyCattr. It lets you see how other investors are doing and copy their portfolio. https://copycattr.com I Like this list i have only ZEC from this list, and few other coins but the projects here are legit and have a bright future for sure i in other hand believe in ALGO XLM ZEC ADA DASH ETC
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Everything is possible the question is what is the probability right now the probability is kinda low, i'd not expect that why? look at the market cap of BTC and the dominance of BTC and altcoins and ask yourself what should be the Marketcap and dominance of Ethereum to make it cost 1400$?
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Dash is a good coin, it was 100% good investment in 40$ a few weeks ago right now i dont know if its good investment for short term - but for long term it is a good investment for sure because the adoption of this coin is very strong and they are innovators in this space
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-Coin: XLM -Price: 0.06 USD -Target: 0.12 - 0.16 USD -Stop-loss: None -Reason: Weekly and Monthly chart on binance on the monthly - momentum turning green on the weekly - huge MACD Bullish divergence
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Feels like this topic is needed
So what do you say?
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Wow, Vitalik seems to be fully supporting ZCash these days: Oh has it? What research? Twitter is full of controversy these days. A load of coins with caps smaller than 100 million, have done awful lot of upgrades last year, but most are still sinking in value. While ZEC gets commended by vitalik for nothing. You know, it aint an accident that DOGE is worth more. Its a reality that is gonna persist for decades. People buy DOGE because of its memeness. And why would anybody buy ZEC? for nothing?? ZEC leads the way in Zero knowledge proofs it has 10+ forks that follow upgrades Tron, ETH , ETC , Cardano, Cosmos , Polkadot all confirmed that they are going to use Zcash tech/features in the near future it means something, doesn't it? and Vitalik is not the only one who commends ZEC, there are plenty of other people doing that , more famous and less i bet you just follow some trash people on twitter and believe to every word goes out of their mouth, too lazy to make your own digging thats the only reason you can say "ZEC gets commended for nothing" sorry mate
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ZCL has no development and no liquidity.. even if it does have some activity, its not going to the right place for sure they can only fork what ZEC does.. in other hand ZEC has a lot of development and getting stronger everyday you can gamble on ZCL or invest in true tech Zcash
soon Cosmos, Tron, ETH ,ETC and more chains will support Zcash features on their chain it means something, doesn't it?
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yea well it can hit 15k easily.. the year is just starting and fundamentals are great i hope alts pump first tho , then BTC then alts again that'll be great
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related to square but zero liquidity and no exchanges? i dont know.. Square is talking about adopting BTC only and now they make a coin that sits in the dark? hard to believe
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i dont know if its a good idea to start betting against the market at this point man look at the charts.. it may go down a little but probably wont fall another 90% it other hand a lot of space to grow
if you longed until now and going to short the bottom, it will be painful
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I believe that the time will come, slowly the altcoin starts to crawl up now and my hope is that by the end of the year it will be like this last year. The number of short positions fell to a historic low.This suggests that the bears have exhausted their strength, and perhaps soon we will see the growth! I hope so.
Actually, when the number of shorts is low, it means that people are optimistic and probably the price will fall even more im not really sure what is going to happen because charts look good, but your statement is not true at all
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actually i am watching Coti and its really an interesting project with good partnerships however i would not compare it to XRP in anyway.. XRP is trash but its way more developed and adopted there is a really long way to go for Coti to become something close to XRP
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