Will cryptocurrencies continue their downfall or enter a trend reversal? What is your chart study and identified key indicator.
My opinion about cryptocurrency market is market will recovery again and it will increasing. The indicator that i am seeing is on market cap value. Market cap crypto already drop more than 70% and i think its already reach bottom. I am bellieve it will reach highest market cap again at $795billion
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Early 2018, its good moment for many ICOs because most ICOs reach hard cap and at least reach soft cap. After that, its hard for ICOs developers reach their target because market condition. I think its because most investor prefer wait and see on market condition
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I think its happen to most investor in market. They suffering same with you, investment value drop. Most people think its happen because many people panic with fake news and i think its reasonable reason. Better keep hold because Ethereum is good coin and i am believe it will recover soon
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People say Monero(XMR) is the leading privacy coin while you may find out some bugs on their coding which doesn't ensure 100% anonymous transaction. Dash is not putting too much effort into privacy, IMO. Which one is the best privacy coin in your eyes? which one would you use for being 100% anonymous?
Monero is good coin and its anonymous coin. As far i know, monera banned in few country because anonymity feature. I am rarely using anonymity features because i think my transaction is legal in exchanger
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Bitcoin is revolutionary currency. I am believe with cryptocurrency, we will creating cashless society and i am believe in the future, people will using digital money or cryptocurrency. Its happen because people having knowledge to store their asset in digital form
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Bitcoin already become new monetary system. We know that currency system always vulnerable to economic crisis and i think bitcoin offering new monetary system. Its true that bitcoin is phenomenal innovation and it will change our economic face
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I read the local news, and there is several articles that made me interesting, a few weeks ago, the mobile version of the Bitcoin wallet bitcoin platform decided to eliminate the conversion of bitcoin currencies with USD. then replaced with Satoshi.
the decision was taken to eliminate dependence on fiat currency. because bitcoin capability if converted to fiat, will interfere.
developer samourai wallet says "farewall fiat" or "goodbye fiat".
In real life, its hard to say goodbye to fiat money. If we are looking on exchanger right now, many stable coin backep by USD and its describe that we can not say goodbye to fiat money. People in real world more convinience using fiat for transaction because many country dont have regulation about it
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At a time where I see currencies moving away from cash to digital I think the reason is partly so that governments can control the flow of their currency more particularly for laundering. They can possibly gain more taxation from a cashless currency because cash cannot be fully traced. If i sell my car for cash to another individual the government dont get any revenue from that because it is not traceable.
So in a governments aim to control our money it will leave a big opening for bitcoin and other decentralised crypto to exist along with fiat and will allow people to "trade" anonymously with each other over a completely independent infrastructure.
If government want to collect more taxes, they should regulate cryptocurrency. With cryptocurrency growing, if can used in merchant, i am believe more transaction in merchant using crypto. Government should not afraid crypto used for money laundering because blockchain is transparant system
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Our involvement is really necessary but we are just small fish. Whales are always strategic to attract more small fish and we need to be careful with that trap. Many merchants became wealthy and many became bankrupt. You should remember that whales are always very active and we only occupy a small volume in the market every day. Its true. In growing cryptomarket value, we just a small fish. Thats why many people moan about bitcoin price right now but not with whales because they are plan to hold for long term. Long term is best way to make big profits in crypto because its growing market and i am believe it will reach trillion dollar market cap
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Gold and silver are store of values same way fiat is a store of value, but the pros of storing value in Gold and silver is stability the value of Gold and silver is much more stable than fiat so it may be better to store value in Gold or silver (PS: this is not a financial advice it's just my opinion).
Its true, gold and silver a good store of value but its not flexible like bitcoin. Gold and silver can not compare with fiat because fiat money always inflated on the value. I am believe gold and silver is good long term investment and its already know for centuries
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More and more people are realizing how powerful data is and need to be protected. Data is the new oil, and companies like FB and amazon are the new petrodollar oil champions in the world. Fortunately, blockchain provides a reliable way to break these islands of data and create a world in which data can be liberated by sharing data while still maintaining the same ledger or its original ownership, allowing creators to be rewarded.
You forgot to mention google. Google having big data people around the world. Their sofware like android used by most people in the world and they collecting data from their user. Its true, big data will be good bussiness in the future
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I am believe its a centralized currency and maybe using blockchain technology. If there is new global currency, it should be like bitcoin, using decentralized system and no authorities can control the supply and the price
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There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? It's not nothing brother! These people are making tons of money. This is the general reason for creating them in the first place, to make profit! And I couldn't blame these people because they found an easy and reasonable way of earning money. How noble is it for some to come up with a coin or project with the goal of economic/monetary development?! Only a few came out with a real product actually, but they still made a lot! Waste of time? I doubt. I am agree. Many peoples build their own coin with similiar project but they dont create real project. They just want to take benefits from peoples who not understand in cryptomarket. Thats why we should invest on coin with good product and having working product because its more safe to invest
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Money is not hundred percent safe in cryptocurrency because of the hackers in cryptos world. This has been the major issues facing the platform, so it's not really safe putting money in crypto.
Its true, its not safe if we are sharing our private key to others people. Most hacker stealing coin in exchanger wallet and thats why we should keep our coin in our own wallet and not sharing our private key to others. If we want more safe, we can use hard wallet to store our coin
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Since the price of coins low,therefore, I want to buy some coins now.Because when the price of coins increases in the future, I will be able to benefit from it. So i decided to buy some coins now.
Its good oppotunity buying good coin with cheaper price. I dont have a trading plan but my plan with my investment is holding for long term because i am believe cryptomarket value will reach trillion dollar market cap
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Make it as second opinion before we investing on some project. Some web are paid for good review and some give good review based on profesionalism. We should not give bad judging to all reviewer because many are profesional
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Off course I am still believe in cryptocurrency market. Every investment have a risk and its our decision when we got loss on our investment. Crypto is future investment and i am believe its good investment for long term.
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Atificial Intelligence helping people task and reducing error. Its very usefull, from what i am read, Artificial Intellifence can use in medical or even manufacture industry. I am believe technology in any form will usefull for people
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I am believe 5 years from now, total market cap value reach trillion dollar and government regulate cryptocurrency as payment. Right now, cryptocurrency become more popular and i think it will grow in next 5 years
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Bitcoin can be upgraded to be privacy coin but i think it will affecting on the price. Bitcoin already known as anonymous coin and as store of value. Right now many altcoin have more feature than bitcoin but as store of value, bitcoin more trusted
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