it seems unlikely that the government will make digital currencies that can replace real currencies. because surely it would not want a currency as a symbol of the state to be replaced by digital currency
If governments do it then national cryptocurrencies will function next to fiat money. They will be their digital equivalent. Rather, they do not withdraw fiat from circulation to replace them by cryptocurrencies. |
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I think you can invest both of them. So you can win in every condition. Choosing only one crypto is very risky nowadays. Because market is very bad..
My choice is still eth. Eth is more profitable in the longer term despite recent big drops. Ripple behaves like a typical pump and dump coin and is better for speculation. |
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KYC is good in my opinion and not a big problem. but you have to be careful in giving our personal data for a project the bounty. Because not all projects that use KYC it could be successful. And I have experience with projects that use KYC. And I qualify the use of KYC but until now they have not paid me. And their project proves to be a scam.
The procedure itself is not a problem. The problem is the ability to collect and use personal data for criminal purposes or to sell them. In fact, when sending data, we do not know to whom we send it, how it is stored and secured. And this is the main disadvantage of KYC. |
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The price for Ethereum was heavily inflated. It cost only 7 dollars in 2016, and a year later the price was already 1200 dollars. Therefore, there is nothing surprising in this fall.
There is no doubt that eth will recover its high price. Currently, the entire market is weak and all currencies suffer. As soon as the market starts to grow again, eth should quickly gain a lot and make up for all losses resulting from long lasting falls. |
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Maybe you have to follow hundreds of airdrops to get money from it, because most airdrops are scams, and sometimes fee to transfer the airdrop token is more expensive than the price of the token itself
Most airdrop is a waste of time. Indeed, you have to search a lot to find an airdrop on which you can earn something. And even if it succeeds, the earnings are so low that it is not worth the effort. |
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Yes, this is a good investment. The development of the RippleNet system, Ripple's announcement of the release of a new product in October and the trend reversal recorded throughout the industry, led to the fact that XRP has risen in price so significantly in a short period of time.
I wonder if this is another pumping of the xrp price. Looking at similar situations in the past, I would rather be careful when investing in xrp because it may turn out that the price will soon fall and most buyers at the current price may be unpleasantly surprised. |
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I have invested in eventchain and power ledger. And hoping to invest in centra and wtc coins.. But i sell those in 2020..,
2020 good year for crypto holders? Most saying 2020 is the milestone for digital currencies
Tell the masters your comments
I think it's too eraly for saying that , but possibly . My oppinion is that quiet period is comnig , and then after some time market will grow more then in december . In the case of cryptocurrencies, forecasting a year or two ahead is very difficult. It's very volatile and dynamic market in which the impact of many factors. During this period, many things can happen and the market will change completely. |
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If you look at the price alone, not only Ethereum has failed, but most of the altcoins have failed. They generally have dropped 50%-90% from ATH.
It's bitcoin and eth drops that pull the rest of altcoins down. Most of projects created on the erc-20 platform are affected by this unfavorable eth situation. With further decreases, many of them may have big problems with keeping on the market. |
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What we can do is proper research before any investment.
I most find very high rated project on ICOdrops and invest on them.
It is virtually impossible to completely avoid ICO scam. Even a very thorough research do not give 100% guarantee the project will not turn into a scam. Often, even highly rated ICOs may prove to be a failure. |
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The market value of 2018 cryptocurrency has been greatly reduced.And the price of all tokens has been decreasing.It makes everyone lose confidence in it.It will always go bad.
I believe that you should not give up. In the market, wherever there is growth, there is a drop. I hope that after such a fall, growth will necessarily follow. In the end, the market situation will reverse. The fact is, this situation has been going on for a long time, but prices can not fall indefinitely. At the end of last year, cryptocurrencies showed how big the potential lies in them, so there are no obstacles to repeating bull run in the near future. |
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It depends on what your goal is and how much money you will spend on it. If you intend to invest in other altcoins, it is worth buying an eth, which will make transactions more convenient. For long term bitcoin is a better investment.
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I am sure that the market will immediately recover and return to $ 20,000, this certainly makes me patient to wait so that someday I can get a big profit.
It is certainly possible. The question is only when? With such a weak market as now, it may not be easy to achieve this year. Everyone wanted to return to 20k $ as soon as possible, but it can take a lot more time than we expect. |
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It is very scary to participate in ICOs who do not have whitepaper. You can lose your money within a twinkle of an hour and you can gain too but the probability of you losing is very high.
ICO without whitepaper points to the lack of professionalism of the project team. This document should not be missing. It is necessary for investors to obtain comprehensive information about the project. The lack of whitepaper affects the transparency of the project and may discourage investment. |
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it was indeed ethereum as the king of the ICO, no one could surpass it and ethereum queen in crypto
The vast majority of ICO is being created on eth platform so far. At the moment, it is the most popular platform for creating smart contracts. Maybe eth is not without flaws, but so far the number of new projects leaves competitors far behind. |
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I don't know if someone keeps such statistics, but it seems that scammers conduct their activities all the time and regardless of market trends rob people. During the bull run they can certainly "earn" more using optimism among investors.
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I trust ERC-20 tokens, because this is the most reliable and popular protocol for tokens. In addition, most tokens are developed based on this protocol.
ERC-20 is a very good platform and trustworthy. A lot of successful projects were created on it. As for now, this is the most popular platform for ICO and eth is the most valuable of the altcoins. |
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Previously, most ICOS were indeed scams, but now this area is increasingly regulated and scam is almost gone. IMHO
There are a lot of successful ICO projects so we can not say that every ICO is a scam. However, most certainly scams that appear are affecting the overall picture and adversely affect the perception of ICO. However, it can not be denied that a lot of ICO is turning into a scam. |
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What do you thing, where crypto currency is going? Do you think this is end of crypto?
I do not worry about the future of cryptocurrency because for me it is a chance for a great life. I am sure that everything will be as cool and profitable as possible Cryptocurrencies have recently experienced a real boom despite falling prices. The crypto community is growing all the time. The crypto market is too big to worry about its future. It can only be better. |
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The risk of investing in ICO has grown, and because of the large number of fraudsters, many investors have now abandoned their investment ideas for ICO projects!
The increasing number of ICO scams or unsuccessful projects certainly has a big impact on the falling confidence of investors. This situation increases the investment risk, which makes investors less willing to engage in ICO. |
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Found some technical analysis taken on ethereum and with the report, it is looking real good as it seems ETH has prepared to take on the train and prove itself once more that it is th king of alts. Well, lets hope the TA becomes real and we see our dearly ETH come up once again.
High chance for that starting next month Certainly, the eth price will soon increase again. Eth has a well-grounded position among investors and is the main platform for creating smart contracts. So eth return to growth should not be a problem. Maybe it will not happen in the next few days or weeks, but it certainly will not last long. |
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