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The ICO is going through a difficult time now. A huge number of scams have significantly affected the loss of confidence in investing in ICO. In addition, large drops in currency prices have a decisive impact on the failure of many projects where tokens are usually converted into eth.
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Remember, this whole thing about crypto is largely decentralized, thus, there is no single authoritative body in control of the crypto market. Although there are few centralized platforms among crypto, the market is largely influenced by the efforts and influence of the users of crypto. How well sellers and buyers treat the coins on the market affect the performance of the market.
I think all people who use the crypto market is the only control the market. Every dump and pump is because of us its really depend on the demand of every person who trade in the market what will be the out come of the market everyday. A group of people with enough cash can affect currency prices. Thus, the market is not only dependent on supply or demand, or on every person trading on the market, but also on whales who may try to manipulate prices. |
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I think that the most promising coin is Ethereum. It seems to me that this coin has a great future. I bought some coins for long term storage.
Right, ethereum still remains one of the most attractive coins to invest. A lot depends on a hard fork, but if everything goes well, eth can start its race to the moon in the near future. |
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The bull market will definitely come back. It will happen sooner or later. It only takes time to convince investors to return to the market. Maybe it will not be as spectacular increases as recently, but a return to the upward trend is a matter of time.
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For the current situation it is very difficult to predict ethereum. Because only all coins have decreased for more than 1 year. I am sure it will improve in the following year. And eth prices can rival the price of bitcoin.
Eth has a strong foundation and a large community, so you do not have to worry about the future. Of course, the current market situation is difficult, but eventually the trend will reverse. But I do not think eth will rival btc in terms of price. |
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For me im still waiting to pump up the market again to see that ico investment is worth it again. Because the market is always deciding the price of the tokens once it was being listed from different exchanges.
Many ICO have big problems with this market condition. Token prices are certainly not satisfactory for the majority. However, it gives us hope that only the best projects will remain on the market, which will give a chance for a good earnings in the long term. |
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Banks will never disappear because banks also accept cryptocurrency and one of them is bitcoin. Because in other country bitcoins also accepted by banks that you can withdraw and deposit.
In my opinion that could happen if the bank would be lost due to cryptocurrency but before that crypto must be more stable because not everyone likes investment and only likes to save their money so if crypto is still unstable the bank will still be there. Banks will not disappear because of cryptocurrencies, which are a small competition for them as yet. Banks are an important part of the global economy. It seems more likely that they will adopt blockchain and use it to improve transferring money. |
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Yes, its important to trust atleast someone especially in trading, but for now its hard to trust someone because some people are trying to get your trust then they will scam you, so thats why its hard to trust now, i hope someday the scammers will be gone.
It is not easy to trust someone when it comes to money. There are scammers everywhere who are trying to make a quick profit at the expense of someone else. We should be very careful to avoid cheating. Especially in the crypto world, where it is easy to come across cheaters. |
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Yes, I believe that Bitcoin and cryptocurrencies generally can decreasing the unemployment rates around the world, because the blockchain technology already opened the doors for so many people to start their startups, or working with trading and earning their living.
There are many jobless people working full time with cryptocurrencies nowadays.
Bitcoin will not make unemployment disappear in a miraculous way. This is a wider problem related to the economic situation of countries. The reduction of unemployment is influenced by government decisions, construction of infrastructure or attracting investors creating jobs. Cryptocurrencies should rather be treated as an additional source of income. |
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As much as we expect the bull run of dec 2017 to jan 2018 to repeat again. you must know that billions of dollars was washed away form the market when bitcoin plummet from 19k down to 5k. investors especially newbies that are yet to understand the trading platform loose a huge amount of money. until some of these people are able to recover what they lost. i doubt the next bull is happening
Those people who have lost very much money will probably not return. They often borrow money and are heavily indebted at the moment. Besides, it seems to me that people will be much more cautious when investing in cryptocurrencies after such a large loss of bitcoin value. For this reason, the price can grow, but certainly much slower than the last bullrun. |
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Lots of blockchain team have developed blockchain and cryptocurrency for payment.
Will cryptocurrencies be able to use for payment?
A bit strange question. Cryptocurrencies are already used for payment. Internet payments or services are becoming more and more popular and available. We only need a little more good will from governments or financial institutions, and this type of payment will become very popular among people. Will it be useful and convenience?
It is very convenient because you can send money quickly to any part of the world. Which coin do you think the best for payment in the near future?
So far Bitcoin is the most popular and will remain the leader in the near future. |
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KYC is needed to reduce fraud. And I think everything depends on everyone because if you are willing to KYC, you can join. But if you don't agree, you can look for other projects. And this KYC pattern must be changed and carried out at the beginning of the campaign.
I agree, KYC was formed to protect against fraud. The only question you should ask is whether bounty hunters are investors whom KYC applies to. They only get a prize in the form of tokens for their work, so it's rather hard for them to have something to do with illegal activities. |
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Ethereum is one of the most basic elements of the system. The price has experienced a big drop. However, they are now making system updates. Ethereum can make beautiful leaps recently.
The update can help eth in increases. But I do not think there will be big increases. Rather, you have to look at bitcoin. If Bitcoin moves up, it will bring the whole market with it. |
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I see and observe recently that many ICOs are below the ICO price when they touch the exchange. Do you think it's a smart step to wait for an exchange and buy the tokens you want?
When i started in crypto,i started with ICOS way back 2017 ..mostly we bought during ico but then the project turned oit to be scam or failed... Some didnt reached hardcap... I learned lessons from that.. That why, now id rather wait for the project to be list in exchanges before i buy.. Not only this will help me save money but also to avoid being scammed.. In the case of ICO, there is always the possibility that the project will fail or prove to be a scam. However, imagine that each potential investor will wait for the ICO to be listed on the exchange. In this way, none of the projects will reach hardcap. And even the softcap may be out of reach. |
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Buying the cheapest coins doesn't give a guarantee for good investments. You might buy a cheap coin and remain with it, stick with for a very long time.
Buying the cheapest coins is probably not the best idea. But if this is the case, one should at least acquire basic knowledge about these coins and prospects for the future. Otherwise, it will most likely result in a waste of money. |
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almost everyone has been caught up in ICO fraud, but don't stop there, we have to keep trying again, not all ICO projects are scam, so we must be very careful in choosing projects, which is very important before investing in ICO is to communicate first with with ICO developers, digging up their information such as asking for office addresses, bases and really being verified.
I totally agree with you. if you choose the right projects, you will earn well even in a market like this. Maybe you can make a profit by finding a good project. But there are very few at the moment. A large number of projects are currently suspended or postponed due to the market situation. A lot of ICO are waiting to improve the situation on the market and thus to increase the chance of the project's success. |
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I think it will be happened in sometimes because the frauds always makes a promotions more good but at the end only we can see the results and that is something mistakes will happen to us will realise at the end only so following some regulations will prevent from this type of things to happen for us.
Therefore, we should invest our money wisely and sensibly. For all special occasions, approach with caution and carefully check all aspects of the investment. In addition, it is worth educating yourself in the field of protecting against hackers and avoiding ICO scams. |
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