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Cryptocurrency has been frequently touted as one of the world's fastest-growing assets, but does the market size of the digital currency actually matches its hype? Bitcoin has all the hallmarks of a classic speculative bubble that could burst, like the dotcom boom and the US sub-prime housing crash that triggered the global financial crisis. Last year it rose in value by more than 900%, making it the best performing asset of 2017.
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This project could have been the most successful ICO have it been launched in last bull run time. But still during this bear market this project is hot among investors worldwide. This tells how good this project is and it will surely surpass investors expectations.
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When Bitcoin’s market moves, everyone will start to trade out of or into alts, but via Bitcoin therefore resulting in a paralleled pattern between Bitcoin and many alt-coins. So yes the prices of alts depends on btc.
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Ethereum has quite some way to go to take the top market spot, but in term of other metrics, including innovation, developers, transactions and so on, it arguably already has.Bitcoin however has shown considerable resilience and the gap between the two has slightly increased recently to $110 billion with ethereum standing at $85 billion while bitcoin is at $193 billion.
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Nobody owns it, nobody controls it, it’s a jungle. If crypto-anarchy is part of the future, dogecoin will do extremely well. Dogecoin is the natural way a Democratic Capitalist country creates a cryptocurrency. Tech savvy countries with unstable economies are turning to Bitcoin and Dogecoin.
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Bullish experts liken bitcoin to early Internet companies like Intel or Microsoft. These companies took a while to find their footing before having success. Bearish experts, on the other hand, fear bitcoin and other cryptocurrencies are part of a speculative bubble.
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Ethereum has lost a lot of market share in last few months. It has been hist very badly. In last few trading sessions eth has been recovering and showing signs of reversal. Soon we will see more upward action in ethereum.
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The reserve bank of India unanimously stopped banks from transacting with crypto exchanges and this decision was taken without even consulting the Indian government. Currently hearing is going on in supreme court of India between RBI and crypto exchanges. There are hopes that RBI ban will be overturned.
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Maybe the Limited label looks simple, but it carries a lot of meaning. I think Ethereum is starting to get problems from the unclear amount of supply.
So I thought Ethl had a great opportunity to steal the stage with a renewed smart contract and limited supply.
Yes, correctly summed up. Ethereum has been slowly fading away and if Ethereum limited us able to capture a small amount of market that ETH have then its gonna become a huge successful ICO and more new investors will join this project. |
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For choosing an altcoin look if that coin really solves any real world problem or if it have any use. Then check the development team behind it and technology being used. ETH, XRP, ADA, NEO and ONT are really good options for investment.
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Yes many people were waiting for eth to go down more o that they can but it cheaply but it was always coming. ETH is such a great potential coin. The rebound was imminent. Once the market conditions improve, ETH will rise a lot higher.
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At first everything seems difficult to understand and people just give up without giving any efforts. If they can just learn about cryptocurrency they will find it pretty interesting and easy to learn and use.
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Ethereum is not just a cryptocurrency, but it’s infrastructure for contracts, crowdfunding, and other potential applications, providing something that was previously unavailable in the marketplace. Together, these factors give Ethereum the implication that long-term success will be in order. So just hold and you will see that it will fly in no time.
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You can join bounties and airdrops to earn without making any investment. Airdrops will only give you limited returns but bounties can provide a good amount of fortune. Most of the bounties have heavily paid signature and translation campaign.
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yes correctly summarized bitcoin is only a crypto currency and not digital gold. To be considered this, btc needs to have real physical value to support it. Currently its all speculation on its prices and till the time it does not go mainstream, it cannot be considered as digital gold.
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The first and primary reason for digital money to be regulated is to stop its illegal uses such as terror funding, money laundering, etc. Governments will not allow crypto to go mainstream till the time they are regulated.
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I think if ETH is approved, people will trust more in the cryptocurrency market. And cryptocurrency will have a good chance to growth up and become more popular, stable sooner
Yes, ETF approval will increase common people's trust in cryptocurrency and thus it will be a positive development for the crypto market. However, it needs to be seen if it can cause a potential bull run if approved. |
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Of course it can be the next bitcoin. It has the most capable dev team and an enthusiastic founder behind it. The technology and network of ethereum are top notch and this sets its apart from other alts.
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