The trend of the market does not scare me at all because we have witnessed even much more dump than this within the previous years. Also i know no matter how much it sinks it would definitely rise back again. You just have to be patient and wait for the crypto market to rise again.
Well it is not advisable to convince someone in the first place about crpyto investments not to the point of accepting cryptocurrencies as a medium of payment. Most people would in reality not accept bitcoin as payment unless they really get to understand how cryptocurrencies work and also if they are willing to understand issues of slight volatilty
No offence mate but it seems you have got the whole concept of being part of a forum you know. You are here to make contributions to the growth of this forum through your discussions on the forum and also learn from other members. Earning from this forum is a secondary issue and should not be your top most priority.
Almost everybody has been waiting for the bull run of bitcoin for quite a long time and so many are speculating the bull has come. Even though i don't see the bull run coming anytime soon prediction of cryptocurrencies can never be 100% accurate so let's all be patient and wait to see what happens in future.
That's very true. The blockchain technology is indeed a significant technology and also it can also be used for several purposes aside it being used as a distributed ledger for cryptocurrencies that have been created. It has also been realized that it can also serve other purposes in industries by reducing the chain of transactions to reduce extra cost incurred by most corporations in their activities.
Week 2: Dec 17 (Mon) -- Dec 23 (Sun) ETH wallet address: 0xE8a1Fd47FE7CD8CF4E443FFC69AE57Ab03F34e24 Medium username: @cliff124emmra Medium profile link: https://medium.com/@cliff124emmra
For now we cannot really say whether the market has recovered or not because things are still not looking quite stable. Let's wait and see when the market actually have its correction to say whether the market has recovered or not. But from my little research i know we are nearing a recovery in the crypto market so let's be patient and see.
The blockchain system cannot be destroyed because it is not controlled or manipulated by just one person. And also because of its decentralization it is difficult to attack the network from just one direction. The blockchain distributed ledger system has being admired because of these features.
Definitely Ripple would recover when the crypto market rises again. If you look critically at the entire crypto market you would realize that not ony ripple has gone down but Ethereum, Stellar, Waves and all the other solid cryptocurrencies have reduced in a significant value. However i am very optimistic that when the crypto market rise all these cryptocurerncies would rise again together with Ripple.
If you are looking to invest into the crypto market then i suggest you invest into bitcoin which has a very large market cap and also one of the major cryptocurrency which you can be rest assured that when the crypto market rises it would definitely rise with it. Most people however shun from bitcoin investment because of its price but in such situations you can invest into ethereum.
Currently not selling any altcoin of mine because there is not point in selling at this dump. It would only account to your loss and I know some people would say cut the losses at this dump. Well i would only do that if only the project that i have invested into has no useful case to cause a demand in its value. Holding all my potential altcoins.
This sounds really funny but seriously it is you know... a blessing in disguise because most people are selling out with this huge dump in the price of bitcoin. The bear market would go for a little longer before things start to rise up. The specific time can not actually be predicted but definitely looking at the trend of bitcoin market there is going to be a point where the market would rise all over again.
This is the perfect opportunity to invest into cryptocurrencies in general and not just only altcoins. The point in time when everybody is giving up is when you have to stay and invest into potential projects that have very useful cases. When the crypto market rises we would definitely see a rise in such altcoins.
Bounties in the first place is a very cheap form of advertisement and I am not sure how many projects can even pay all their bounty hunters in bitcoin. I think it is too expensive to them. Also, payment in bitcoin sucks real hard at this dip because of the volatility in case you bought it last year or beginning of this year when the values were quite high. Paying in their native tokens is very cheap and can easily be afforded by them that is why they always pay in their native tokens.
The blockchain distributed ledger is an indestructible ledger which is also immutable because of its decentralized nature. The system is not controlled by just one individual on the blockchain but rather so many other people located all over around the world. Again, its transparent system makes it very difficult for cyber fraudsters to attack the network without being spotted.
The reason why most industries do not want to accept Bitcoin as another mode of payment is because of its volatility. For instance imagine taking a payment of bitcoin worth $100 US within the month of May and trying to change this same amount of bitcoin to fiat currency now would not be worth the same $100 US. This is what most business corporations fear that if they should accept they may lose funds sometime to come when the need to change the funds into fiat currency. In the same in case these business entities accept bitcoin payment and it rises they could also make huge sums of money. But the truth is nobody is ready to take such huge risks.
Go right ahead mate ! and i would buy them cheap and wait for moon. hahaha...cryptocurrency is a game of strong hands if you cannot stick by this game then you don't belong here. I believe you are one of the who panic when the crypto market goes down and keeps on fluctuating every now and then.
hahaha looking at the huge number of bounty participants that would be very expensive for the project managers to bear. That is why they choose to pay in their native tokens rather than paying in btc or eth or any other major cryptocurrencies. A little suggestion though maybe they can be paid half in any major cryptocurrency and then half payment in their native cryptocurrency.