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I had a 75 25 split btc to alt. Due the the market changes it is now a 85 15 split.
I'd always have a hand full of btc.
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Disagree. I don't think the prices of some or in this case most alts are cheap.
Most of these coins have market caps of upwards of a £100m and offer very little different to each other.
I'm just disapointed I left 25% of my portfolio in alts. Now worth approx 10% of my portfolio.
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I will be leaving my btc in my hard wallet. If the coins end up being worthwhile there will be a risk free splitting tool along not too long after
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For me it's very simple. I used paypal for years, several times. 5 years ago I heard about Bitcoin and never used paypal again. Not even once.
Why? I don't see Bitcoin as an alternative to paypal. If this is the case it is massively overvalued. Bitcoin is an alternative to country backed currencies. Paypal is a service provider. Paypal could in theory add cryptocurrencies to its services.
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Yes and no. Bitcoin and cryptocurrency in general is too open that they can go to near-zero in any day. Imo the price now is too speculative, we don't yet see mass adoption and the market cap already spikes higher than most of the companies and assets.
No way it will go near Zero. So many people would hoover up before it got anywhere near that low. I would says $3,000 would be the bottom.
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I dont think futures trading helps. When huge volumes are being traded large quantities can be bought up. The futures market can be shorted and then they can sell off their BTC. A huge pump and dump.
I do expect BTC to be much higher by end of Q2 though. Each time the price drops and recovers it will give confidence to the buyers. I think some of the alts my not recover though.
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I look at Bitcoin and cryptos for that matter against percentage of circulating currency. It is massively under valued now for it's potential so it has to be an opportunity.
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For me calling this centralisation is just FUD. Often targeted by BCH supporters who won't be able to utilise lightning network.
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Panorama inestigates Bitcoin tomorrow on BBC One at 20:30. Doubt it will be positive but will go out to a lot of viewers.
Just a heads up for those who have BBC
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It's just very present in the media. Imagine if they reported on every scam and hack on people's USD or GBP.
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Bitcoin is in as stronger place as its been for a while. Some great developments in the background weak hands have sold.
For me the only risk is the value of the Crypto Market Cap. Whales could buy up and control the market for the foreseeable future
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This a been a chance for people who felt it was too high 2 months ago to get involved now.
Anyone who hasn't got involved now never would have. They will soon be saying "I was going to get in But was just waiting for...."
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There's a lot of hate between different Coins in the Crypto market. There is enough FUD without other currencies creating any between themselves.
One that jumps to mind is BTC/BCH.
I think that the whole market needs to pull together to disprove a lot of the nonsense that is posted about the market.
What are peoples thoughts. Is Coin to Coin rivalries killing crypto?
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There are lots of alternatives for anonymity though. Monero, Verge. DeepOnion etc. I do see a place for these coins. The argument against is you can transfer crpto into these coins when you want anonymity but then why not use as a store as well.
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I think most people on this forum back the crypto market. I think the sellers are elsewhere.
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Does anyone know the true amount of BTC circulating after your remove any Idle BTC?
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When do people think LN will be rolled out. I've heard couple of months, I've heard 6 months and I've also heard not this year.
Anyone got an idea as the likely announcement.
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In my opinion it will take a lot to dethrown Bitcoin. Even if Bitcoin doesn't have the market cap it will still be the one that's talked about.
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The thing with Bitcoin or any Crypto is that it needs more people buying than selling to move the price. There will always be a handful of people that will never sell. Eask hands sell first and they will be out now. There will be a lot more people holding and buying now. Anyone that was going to sell to get out of Crypto for good will have surely gone now.
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I dont think they are good for the long run but while they are happening I will take advantage of the cash from the sales and put it back into my BTC balance.
While ICO are still generating huge sums they will still keep coming. I wont get involved in ICO as I think the current alt market is saturated.
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