I think next 6 to 9 months are very critical for eth developers if they are able to keep their word about their development goals and do successfully come with scaling and multiple upgrades then i think eth will really grow parabolically just like we have seen ripple geowing in last couple of days.
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You were really close, better luck next time, personally i have not participated in any of such contests uptill now, can regular participants here confirm that these exchanges really send the prize money or it is just a game?
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I remember last time xrp grew like this the whole market grew exponentially so as long as voluke keep growing in the overall market we can say that these signs will be greatfor market recovery in near term.
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Yeah i was observing this as well, ripple was showing huge volume increase for few days and that is the reason they have taken the spot from eth at the moment but only time will tell if xrp can maintain that volume or not.
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I think market is showing good volume from few days and the momentum can continue, altgough we should know that crypto market can get effected from fud or negative news but to me overall market signs seem bullish.
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For strength to carry on ripple not only needs the fomo and hype which it is getting at the moment but at the same time it needs huge volumes to keep the bulls going, i think it will also depend on the overall market volume.
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I think yes, most experienced traders already called bottom for market after last dip and rebound, i think now it is just a matter of growing volume and we can expect good bullish momentum in coming weeks.
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Yes crypro trading is taxable in many countries around the world, i know in usa there is a strict tax policy and you have to file tax returns on crypto gains every year, so you have to follow the tax policies in the country where you live.
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Everyone has his own definition of use cases and real tech, i have seen even low quality projects being supported by huge communities at telegram and twitter, soi think people will keep.making those financial mistakes again and again and also will keep falling to scams, i think there should be a filtration for icos and bad projects should not be allowed to raise funds.
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Thanks for putting up this issue, ithoroughly agree with you on this point, also there are many more projects that turned scam or never paid tothe bounty hunters i think there should also be some regulator that can fulfill the contract between the project and bounty hunters, in case of non fullfillment of contract or not paying to bounty hunters the regulator should start criminal proceedings against the team.
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You are very right, i have seen most of crypto investors missing out of big gains due to greed in the last big bull run including me, now i think we should set a target to take profit and withdraw some amounts as with the extended downtrend it seems months without salary, as most of the investors are stuck with their portfolio down by 7 to 8x and now they are waiting for serious recovery in the market.
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I do not think this is a true statement, i have heard such statements like better than bitcoin a thousand times but btc is there and solid with its major matket share, i believe similarly eth will retain its market cap even if dozens more similar platforms launch.
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My personal opinion is to hold for atleast couple of more months from here as it is expected that the crypro market will recover in coming weeks, btc and eth will be the first to show good moves so i will suggest to grow your btc and eth balance for max advantage and profit.
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Although i read the news that thousands of eth were sold in last couple of weeks by some icos that caused selling pressure and resulted in major decline but im glad to see that eth has rejected the price and has reversed from the bottom and now im optimistic that eth is destined to grow big now.
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Yeah looks like garbage, i hate to say but getting a reward of under $10 worth of tokens after working for weeks is really heart breaking and discouraging, i hope market condition will improve now and so will bounty campaigns.
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I do understand your post point that is why i have always advocated to keep.most of your investment portfolio in btc and eth as they are stable, risk free and the giants of the crypro world and almist everyone is bullish about them in long term view.
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Yes definitely and i think all the serious investors are here for the long term, i was just reading an article today that claimed the crypro market will reach the volume of 80 trillion in next 15 years, just imagine if we enter now and stay alive till next 15 years im sure we will see goldmine right in our wallets then, i personally expect btc and eth to grow into huge precious assets in next few years.
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Although i do not follow these so called experts anymore because they seem to post some paid links resulting in the loss for their followers, however these lists can definitely help in decision making for investing after your own due diligence.
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I remember an ico accepting fiat via paypal like couple of months ago, and i think it showed their confidence and passion towards the project and also a confidence booster for investors because they can be sure that it is not a scam because when you pay via paypal you can ask for payback/refund if the project does nit perform as expected, and to be honest this project has actually lived upto the expections by providing decent returns in first 2 months of operations, it is called countinghouse fund and its token are cht available at forkdelta and latoken exchanges.
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That is good and great for mass adoption of cryptos and its trading especially when sec has already cleared btc, eth and other major cryptos declaring that they do not fall under securities, i think soon we will see boom in crypto investing and trading from usa.
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