I don't think that cryptocurrencies killed Fiat. It is more likely for me that they will exist side by side for a long time. If the societies mature to fully accept the digital currency then maybe they will decide to replace fiat money.
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Guys! trying to get to the bottom of this story... and few thing doesn't match up....
How is it that the official telegram channel of symmetry has been taken over, muted and promote this thread? Unless it has been hacked, why on earth the owner(s) of Symmetry would redirect everyone's attention to a post indicating that they run a scam?
Also If I recall well, there was over 700 members in the original Telegram channel... not 19 as of now...
The current channel was created on Monday January 29 (few days only) and been viewed by 127 persons only...
Can anyone shed some light?
I, too, can not understand anything in this situation, everything is very strange and confusing. It would be nice if someone gave an explanation since none of the representatives of the team is responding, apparently the project still had a run, collected loot and fled. Unfortunately, all the facts and recent events indicate exactly that. Now I do not know what to do-forget about it or continue to wait for news We have no choice, we can only wait for news.. Unfortunately, all evidence says, that even if dev team come back, it will be very difficult to rebuild this project and investors trust.. You are right, it seems to me that the most important thing is that the trust of investors has already been lost. Already probably there is no sense to do something Unfortunately, it turned out to be a scam. Even the manager said it was scam. Sad but it's the end.
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Each investment is stressful. Where there is money, emotions arise. You can only try to reduce the impact of stress on your decisions.
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If I invest $10,000 in ETH and hodl for 1 year...will I be rich? Just curious If you invest in eth, you will achieve a very good profit in the long term. Maybe you will not be a millionaire right away, but you will earn a lot. Of course, investing in cryptocurrencies is a possibility of capital loss.
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Of course, I hold. Because at this moment it doesn't make sense to sell anything at all. Many people upset by the current situation, including me. But don't panic. These jumps were predictable.
People who bought ATH certainly have a big dilemma of what to do. Sell minimizing losses or wait for the new ATH. For me, a better option is hodl.
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Hi.
i didn't traded so much of my crypto for FIAT so i didn't dealt with that question yet.
however i think it's an issue need to be dealt with.
1. do you use accounting services? 2.if so, do you keep documentation of all traded or bought coins? 3. what do you do in cases of profit from ICO's
WHAT SHOULD I DO??
No, i don't use accounting service No, i don't document every trade or bought transactions as there are really too much After selling to fiat, i always donate out 5-10% of my money to charity to help the world. I believe when they got their aid or help, they become wiser and they will soon touch blockchain, this makes world a bigger and better place This sounds like a good plan. Donating is better than paying taxes I guess. Government rarely do anything good for us anyway. Yes, giving is a good idea. But even if the law does not regulate it, you probably have to pay capital gains tax.
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A lot of people are in the same situation as you. It was also a painful lesson for them. At the moment, patience is best because the price will increase soon. Therefore, it is best to hold.
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It sounds mostly plausible. By the end of this year it's mostly expected to hit around 100k mark. If that happens, seeing something close to 500k in 3 years seems rational.
It is hard to imagine achieving such a high price in 3 years. What would have to happen to the price rose to $ 500k. I think all countries would have to legalize cryptocurrencies. I think that 100k $ is already a very high price.
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Hello everyone. I am a new member. I am new to this market for a short time, I am intending to invest in ETH coin. Ask people to comment on it in the future. thank you
Yes, eth to a good platform. Many projects use this technology, so you should invest in eth for a long term. Buying eth definitely will bring good profits.
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Never open suspicious links in email. Unfortunately, there is always someone who opens such a link and exposes himself to a scam. Everyone must be very careful not only in the case of cryptocurrencies.
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I hold ETH. I see in this a promising future
Yes, eth is a good choice. Should give a good profit this year. Besides, I think the neo, ltc, and iota are worth of interest.
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Day trading is a hard job. It requires a lot of time and knowledge. I think that at the beginning it is worth trying with cheaper coins. Possible losses will be small and you can check whether this type of trade is for you.
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Dogecoin is a project that was created for a joke. I think it has a more collector's value than an investment one. The developers themselves are surprised by the value that dodgecoin has achieved. This is a project without a future.
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At the moment, it's probably no one can compete with eth. It has a very strong position on the market. Most projects are based on eth. Maybe in the future, neo will be able to compete with eth.
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myetherwallet.com admin and his team is very very shameless and giving hackers to chance to hakeing
theifting accounts these involve in this hacking and thifting why not improve security like e mail or sms code before loging? they are also theift
It's best if you describe exactly what happened and did not throw baseless accusations. MEW is safe and trustworthy. You probably used a phishing site and you were scammed.
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I think the best case scenario for ETC is a rise to 90-100usd before the airdrop. After that you can be pretty sure of a drop again
In my opinion, 50-60 $ is the maximum price that is able to reach before airdrop. But I agree that after the airdrop the price will probably fall back.
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I do not think it's a crash. Rather, this is a correction after increases from the price of $ 6,000. The market has to recover a bit, it's normal.
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Learn from mistakes and keep it as an experience that you would evaluate for next time in decision making. Hope you have a good luck next time and keep learning.
Unfortunately, everyone learns from mistakes. It is important not to make the same mistakes again. And now, if he waits for the new ath, he will be happy again.
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It is quite possible and soon. As the price of bitcoin will grow, the eth will also increase. When the price of btc will be around 12-13k $, the eth price will certainly exceed 1000 $.
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An investment in eth is still a very good choice. It is a well developing platform with a lot of potential. A lot of projects use eth which gives a high probability of price increase. It is definitely worth investing in for a long term.
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