Have you ever wonder why Ethereum also dropped its value so bad yesterday the same as Bitcoin?
Bitcoin has different blockchain with Ethereum, meaning they don't have a connection with each other, as well as they don't even have the same platform. But why the value is a constraint? Yesterday the Bitcoin drops its value due to some manipulation where some whales take out 10K BTC as per cryptocurrency news.
The question is why is it Ethereum also drops its value the same as Bitcoin? No question about the other cryptocurrencies because we all know most of them to rely on Bitcoin & Ethereum. Did whales or group of people manipulate Ethereum the same as what they did to Bitcoin manipulation?
What is your opinion on this matter?
That big sale from the whales have created so many panic sells in ethereum and any other cryptocurrency. That's why ethereum has been getting a big drop more than bitcoin. they were rushing the bitcoin and just try to sell their altcoins as fast as possible before they will be missing the train. This is the reason why ether gets a big bearish trend more than bitcoin. |
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Never do panic selling, no one will advise you to do panic selling. If you require funds urgent still I suggest you to not sell your crypto as this market condition. Market will be bounced back and at that time you can sell at good profit.
But we don't know when that will be happened because in fact that the market is so unpredictable and this has created so many speculations were coming to this market. Look at there are some experts have created another FUD to the market and that was i thought about we will jump to the early 2017's price. |
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For the current day, the prices of the main crypto-currencies show a steady decline, what could this be related to? Is it because of some rumors? And as a result - a panic sale?
Rumors that resulted people to panic. When there are bad news that usually give the people a reason to panic sell like the statement of Vitalik which is the well known co-owner and developer of ETH. How can someone that's very well optimistic before say that? its likely to be a FUD and FUDs will never be gone if there's an agenda to the market. But it looks like even the strong holders are being weaken right now and i could say this will become another interesting thing for those have been selling their altcoins before the price was flying down. Vitalik has created an FUD statement that was affecting the sentiment of the market. |
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Everything seems to indicate that the market is mortally wounded, and the main cryptocurrency that had served as a means of payment for those who participate in bounties (ethereum), has lost the confidence of investors and developers who are looking for new alternatives to face the lack of capital willing to take risks in this market. Therefore, it is likely that the bounty hunters will have to settle for peanuts as of this year.
And now, when after three or six months of participating in campaigns you are compensated with tokens without any value and you realize that this business is dead, what are you going to do, bounty hunter?
I will do anything because i can do long-term trade or short-term trade. it may become a very good alternative way for me personally. I have a real job too and then i'm not 100% pegged to this one. Just try remind you about the possibility to get a lot of money from my trade and then that's it. |
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When I began working with bounty I hold everything.
Then, I hold 33%, 33% change to more interesting coins and 33% sold.
Now all market is dip and I don't want to sell anything..
What about your strategy?
I'm still holding all of my tokens but just try to liquidate more than 60% to the bitcoin to buy back when the price is so cheap. I have done so many strategy to keep my portfolio survive right now. It looks so difficult to see the price of crypto gets plunged a lot due to the various reason. |
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Everything seems to indicate that the market is mortally wounded, and the main cryptocurrency that had served as a means of payment for those who participate in bounties (ethereum), has lost the confidence of investors and developers who are looking for new alternatives to face the lack of capital willing to take risks in this market. Therefore, it is likely that the bounty hunters will have to settle for peanuts as of this year. ETH is falling more than other altcoins, but this may be due to the fact that it has many rigid regulations that all governments put to ICOs and also because there have been many low quality ICOs created by scammers, so people will leave to invest in ICOs and there will be few ICOs that will be solid projects. Now, if you have few ICOs that will be solid projects and you have other projects that are competing with ETH, it means that ETH will have to split the cake that is already small with other projects. So do not expect ETH to have a high price And now, when after three or six months of participating in campaigns you are compensated with tokens without any value and you realize that this business is dead, what are you going to do, bounty hunter? What else could they do? I see only one thing. change their behavior, do not accept to sell themselves to scam projects. I will not give up on cryptocurrency and bounty, not just yet because i believe that the market will still come up.
Just remember: do not accept to participate in scam ICOs A lot of icos are using ethereum as the way to funding their project but it seems like with the decrease if the ico demand ( i thought this caused by the impact of big bearish trend that has already happened in the crypto) a lot of them lost faith with it. It's very rare to see the project which has offered very good idea. |
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We don't care about prices too much because you can easily make +30-100% every day. You have to know direction of price, not the exact price value - it is enought to make a good money.
But if the bitcoin gets a big crash and i think you should put a lot of attention to the bitcoin because it can give a huge impact to the another altcoin too even that can give you a big impact to the result of your daily trade. So, can you do a daily trade when the market was on the bearish trend? |
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Market is red for almost a year. The bad condition of market affects the credibility of cryptoworld . Some investors mistrust crypto and some lielow. If this continues then I dont think crypto will recover .
I don’t agree with you..yes this has been an year when crypto has been down but what about 2017 it was just going up and up so every year is different and it can no both ways...so may be again crypto will surprise us all It will not give you any surprise until the market will try to search a good trend. I meant you can see that when there was a little bad news and the market has been giving a very bad reaction and i think that you can see that about how the market was falling when there was a bad news has created by the crypto news site. |
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the market is indeed in poor condition even it's already running half a year more. It is difficult to trade in this period due to the up and down a very unpredictable and could not even predictable at all. even if you see a reasonable volume being down because many that go well from here to seek safe haven. holding is the good things that can be done at this time.
The only possible thing to trade on this condition you can try to buy cheap crypto when it has reached the bottom price. But it will be involved a very high risk. Holding is too risky right now and sometimes you can't recover your lost. That's why when the market was reaching the top and it's much better to sell some of your amounts. |
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Bitcoin is the #1 cryptocurrency listed according to trustworthy coinmarketcap. This only shows the greatness of this token,bitcoin. I dont think there are altcoins that can compete to bitcoin except ethereum.
Basically if you are seeing it form the technical view and then altcoin have already surpassed the bitcoin. This why people are choosing altcoin to create fast and cheap transaction rather than use bitcoin but bitcoin has used to store their value as gold. These days people consider bitcoin as a digital gold. |
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I voted crypto will not die.
It is the future and nothing will kill it easily.
People talked about the 51% attack but it is almost impossible, plus. If one coin dies, some others will raise up and make awesome crypto projects. That wont be a problem for us.
It's not impossible because the bitcoin gold has been getting it. But 51% attack can't be implemented in the POS coin. Bitcoin will never die consider there was a lot of people are using it to store their value. It will not die and it will always exist straight with the development of the future technology to make our life will be easy. |
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Money is not at all safe in cryptocurrency, There are so many hackers around here who's only business is hack a wallet of bounty hunters to get money without doing anything.
Money is not in a safe nowhere, in a pocket - can be stolen and lost, in a bank - can be lost if bank becomes bankrupt, as well as money constantly lose value due to inflation, therefore money is not in a safe nowhere I think your right mate, actually our money will never be safe in cryptocurrency because of so many hackers waiting to invade our accounts. So we must be very careful in doing transactions or checking our accounts by not going to phishing sites that would help the hackers get our private information. Just always try to pay more attentions in here. Good luck. As long as you never try to show off any data that related to your wallet and you will be save and remember a lot of people are getting hacked caused by they have been joining on the scam ico, project or click the suspicious link that contain the malware and their desktop wallet have infected by the trojan. |
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There's a no perfect situation anywhere, whether in crypto or in a other spheres of life. You gain some and lose some, that's a balance right there. Where there's a problem is when the loses are more than the gains, then you have to reevaluate your strategy. Again, some degree of patience is needed too.
Even if we experienced lossing some the most important for me that we are still here moving forward and learned the lesson from the past, just continue our task here in crypto world and aiming to achieve our goals to become financially successful through cryptocurrency. Learned the lesson but if you will not do anything to recover your lost and it will be useless. People in these days are only using their long-term investment to recover their amount but it's totally wrong. If you have a lot of knowledge about that and try to become an active person and try various ways to get the money. |
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It sounds bad for me because that means apple against crypto and try to put the limitation for the developer that developer the IOS app based platform. Just waiting for another clarification will be coming to this place as soon as possible. The app is using blockchain for 100%.
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It seems that someone has successfully hacked MyEtherWallet and has stolen some people’s tokens. Mine seem to be fine for now.
Has anyone lost any Etherium or tokens and does anyone know how the hack was perpetrated?
This is potentially a major security risk because we all know that keeping coins on an exchange is a high risk. Now using MyEtherWallet may also be risky.
Just be more careful when you want to open your wallet. always check the web address correctly and I recommend using metamask instead of private key when you want to see or send your token. This case has already solved and i suggest you to not try to bump any old thread. Mycrypto has offline desktop wallet and it can be an alternative to the metamask because somwtimes it has a problem with the connection to be connected to the network. |
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Coding makes us feel a bit more headache, but if we know how to relax and do not worry too much then it will be great, this is the most potential investment market, we can see many rich people thanks. into cryptography.
Have a lot of knowledge in the crypto didn't mean you must have known about the coding. So many people don't have knowledge about the coding but they know about the technical thing related to the crypto. Crypto is about the way to change the financial system and it will have a correlation with the code if you try to create something. |
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There is always a good time in everything one can think off but generally speaking the market is stronger than last 2 years there have been lot of attention from every part of the world
Consider from the marketcap and crypto is going even stronger time to the time. That doesn't make sense only try to see the crypto from its ATH in the last year but everyone should try to create such a comparison between the price of bitcoin and crypto started from when the bitcoin was created by satoshi nakamoto. |
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I don't think the cryptocurrency market is dead. Many people always like to compare this year's trend with last year. This is a wrong way of comparing. This year, even if the market falls, we can profit from daily trading.
This kind of comparison is what we usually put forward. then disappointment disappears from our person. the name is business, there must be profit and loss especially activities that are active as bounty hunters. So many person even countries have declared if the crypto will die asap and this has already happened in so many times. But in fact that it's still exist because they can't kill the technology because it will always exist in fact we have needed it in our life. as you can see that even china can do nothing with it. |
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As long as the altcoin retains a value and a place for exchange then you can trade it. Your wallet is your personal storage space and there is no timelimit on what you can keep there. If you wish to move the token in the future then you will need to purchase some ETH to give you the gas to access the network.
of course you can, you can hold an altcoin a year or several years. and long term you can get good results. but we have to look at the project. but you must be careful with hackers he will make a lot of ways to hack your account. so we have to check it often. That's why he must use the safe wallet to keep all of his asset and i guess that will give you a lot of the advantage and the hacker will not able to steal his amount. There was so many hackers in these days with so many method that has been used to steal others asset. We must check it regularly and activated all of security. |
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What I think the problem why merchants are no fully utilizing such altcoins right now is because of the market status. As we see right now the market is in a bit if a dump and some merchants do not want a mode of payment that is not stable and as we can see the market continuously fluctuates and they do not want that.
Crypto Market will always fluctuate, does it me that it willn`t be adapted by merchants worldwide.. Is there any mechanism how merchant can protect it`s income, from the fluctuations? like: limited duration price (like they do now for non-local currency payments) Any other mechanisms you know? The only way to avoid the fluctuation through accept the altcoin that provide a very scalable blockchain. They have liquidated their altcoins just in a second to avoid the volatility. It will be so difficult to determine which is crypto that suitable to be implemented. |
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