logicgate
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February 27, 2019, 06:38:01 PM |
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Yes, the obvious bull market will start fast and aggressively. I agree indeed. Yes. This is true. Quadriga and Cryptopia. Recent stories. Both of them sounds dodgy like hell. We need to sort out these issues if we want to see any mass adoption. I am optimistic and these issues will be sorted out so mass adoption can happen.. I think cryptocurrency need mass adoption and proof of transparency.People feel how can they trust crypto if theres a lot of scamming and inside job hacking happen to trading exchange. Some people are greedy of money that doenst even belong to them.
These incidents aren't the few bad events that happened to the market.
There is mt.gox, et. al.
The story of Quadriga CX isn't really convincing and we don't know if it's a real one. If ever it does, RIP for the CEO but for the customers whom he has left thinking about their funds are on bad mood.
Be patient. The moon is coming, Moon will come without any confirmation that we ever entered to that phase. This is also an issue as know many people use to sell for panic only because they are lack of knowledge and that’s why they give up on their investment, it can give us profit for later if we will understand the terms of investment for long term surely those who are selling and making price get down will cry someday, but the main problem is only panic sellers.
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Whosdaddy
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February 27, 2019, 08:46:40 PM |
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I don’t think there is any problem, cause to me, this is just a normal thing. It is no problem at all, despite I have seen a lot of people say a lot of things that they believe is causing the price of cryptocurrencies to be this low. Some have mentioned ETF as the cause of it, and others have also mentioned a lot of things they believe are causing it, but I don’t believe in all that.
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PowerofYggdrash (OP)
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February 27, 2019, 08:50:12 PM |
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Right. This is what it is. We cannot change any of that. I am also cool, especially since Yggdrash has started to grow 20-30% on a daily basis. Good direction definitely. I don’t think there is any problem, cause to me, this is just a normal thing. It is no problem at all, despite I have seen a lot of people say a lot of things that they believe is causing the price of cryptocurrencies to be this low. Some have mentioned ETF as the cause of it, and others have also mentioned a lot of things they believe are causing it, but I don’t believe in all that.
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eagleman
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February 27, 2019, 10:56:30 PM |
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Yes, the obvious bull market will start fast and aggressively. I agree indeed.
It is coming but I don't think that it will come 'fast' and aggressively.
This is also an issue as know many people use to sell for panic only because they are lack of knowledge and thats why they give up on their investment, it can give us profit for later if we will understand the terms of investment for long term surely those who are selling and making price get down will cry someday, but the main problem is only panic sellers.
It's their problem if they panic sell, they are feeling bad to see their money goes low in value so that's the solution that they are coming with. I became a panic seller before but not anymore, this market is for those people that are willing to lose a lot and has a lot of patience before recovering.
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eagleman
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February 28, 2019, 05:12:50 PM |
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So do you expect a slow and organic growth?
Yes, it will be a gradual growth.
To make it sure, slowly but surely. Unlike a quick rise, we are also about to expect a very quick dump so if you are going to choose what it would be? A day trader is certain with that but for most holders, we prefer the gradual growth.
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bitcoinisbest
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February 28, 2019, 05:18:22 PM |
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So do you expect a slow and organic growth?
Yes, it will be a gradual growth.
To make it sure, slowly but surely. Unlike a quick rise, we are also about to expect a very quick dump so if you are going to choose what it would be? A day trader is certain with that but for most holders, we prefer the gradual growth. It is always better that it keep on rising slowly but gradually it will reach the new heights. Only problem when the sudden rise happens is that it also fall at the greater pace and this create a huge panic mode among the investors who start selling and this leads to the greater fall.
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uyysidmc
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February 28, 2019, 05:18:45 PM |
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What is the main problem with the crypto market at the moment? There is no problem on the market but there is the problem on the project that can cause to the market to going down because there are many ICO projects that turns to scam because if that the investors are scared to risk on market now. And the whales manipulated the market that put too much pain on small investors.
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Taki
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February 28, 2019, 09:29:36 PM |
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By my opinion the fact that crypto trading is not available in every country makes the main problem for crypto market development. People are rule the market and prices for crypto.
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eagleman
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March 05, 2019, 09:45:28 PM |
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So do you expect a slow and organic growth?
Yes, it will be a gradual growth.
To make it sure, slowly but surely. Unlike a quick rise, we are also about to expect a very quick dump so if you are going to choose what it would be? A day trader is certain with that but for most holders, we prefer the gradual growth. It is always better that it keep on rising slowly but gradually it will reach the new heights. Only problem when the sudden rise happens is that it also fall at the greater pace and this create a huge panic mode among the investors who start selling and this leads to the greater fall. We do love to see the market rise gradually/slowly.
We also know the consequence of seeing the market moves with a rapid growth because suddenly it will dump quickly too.
I have that optimism that holders should and there's actually a lot of problem that doesn't belong to the market but with us who have been too impatient to see rise.
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Al-e_x
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March 06, 2019, 02:44:27 AM |
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There are many factors that cause problems in the crypto market today. I believe that one of the main problems of cryptocurrency at this time is the number of ICO scam projects or not in accordance with the roadmap, and it makes investors lazy to invest their money in the crypto market and make the market not move up.
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Muzika
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March 06, 2019, 03:06:55 AM |
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There are many factors that cause problems in the crypto market today. I believe that one of the main problems of cryptocurrency at this time is the number of ICO scam projects or not in accordance with the roadmap, and it makes investors lazy to invest their money in the crypto market and make the market not move up.
Scam projects really affects the WHOLE image of cryptocurrency as well as the wrong way of using the crypto like as mode of payment in illegal works, for those who are not aware of crypto the image of it will be set to their mind that this is a kind of a project that set to be a scam one that is why they dont want it or they dont want to invest to it anymore.
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Kirito-kun
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March 06, 2019, 04:37:50 AM |
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Its the wild west as they say. Even with the regulations coming its going to stay that way and the only solution that has to be done by investors is to research which project they support. You will not mind the fud if you knew the team can deliver. So much project had been created in the past and if they survived the great crypto winter of 2018, they will survive til the adoption is realized.
That is why we should conduct some research on the project we would like to invest to because no matter how much fund they'll get or how good their platform is, if they cannot able to adopt in this tricky market then expect that it'll the floor someday. Adoption is the key in this kind of environment because it is survival.
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PowerofYggdrash (OP)
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March 06, 2019, 09:49:44 AM |
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Right, adoption is clearly key. As an Ebay seller I want to support adoption in my own way. I am going to speak with eBay and hopefully they are going to allow me to accept alternative payment options such as Cryptopayments. I would pay their fee obviously and the rest would be settle in the Crypto world. I believe that we hit already the bottom and we are going only higher from now on, so I wouldn't spend my coins right now due to my market expectation. However if you believe that the market is going to see 1000$ BTC price than this is your chance to spend your BtC/ Eth/ Ltc/ Etc/ Yeed at these high prices.... Stay tuned for more update:)
[/quote] That is why we should conduct some research on the project we would like to invest to because no matter how much fund they'll get or how good their platform is, if they cannot able to adopt in this tricky market then expect that it'll the floor someday. Adoption is the key in this kind of environment because it is survival. [/quote]
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gabbie2010
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March 14, 2019, 03:14:04 PM |
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One of the major problem militating the growth of crypto markets is government lackadaisical attitude toward its adoption and acceptance many countries had placed one regulations or the other in fact in some cases outright ban on cryptos thus depriving genuine investors the opportunity to use cryptos as a digital currency or other for usage. Most of these countries involved might want to protect their citizens against some scrupulous and fraudulent ICOs who capitalize on the easy access to cryptos to defraud potential investors as result bringing down more opportunities in cryptos markets globally.
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PowerofYggdrash (OP)
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March 15, 2019, 07:30:09 PM |
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True, however we are on the right track on the way of recovery. Bitcoin dominance now at only 50.7% few months ago it was around 54% and higher, we hit even 59.2% at the top. As the BTC dominace decreases the altcoins increasing. Also the adoption on its way. Mainstream adoption is coming. All in all I am pretty bullish. Bottom is in, and this is already a bull run. Do you think 3120$ was not the bottom? I would like to remind everyone that we are almost at above 4000$. One of the major problem militating the growth of crypto markets is government lackadaisical attitude toward its adoption and acceptance many countries had placed one regulations or the other in fact in some cases outright ban on cryptos thus depriving genuine investors the opportunity to use cryptos as a digital currency or other for usage. Most of these countries involved might want to protect their citizens against some scrupulous and fraudulent ICOs who capitalize on the easy access to cryptos to defraud potential investors as result bringing down more opportunities in cryptos markets globally.
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Best Dreams
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March 16, 2019, 08:46:51 PM |
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One of the major problem militating the growth of crypto markets is government lackadaisical attitude toward its adoption and acceptance many countries had placed one regulations or the other in fact in some cases outright ban on cryptos thus depriving genuine investors the opportunity to use cryptos as a digital currency or other for usage. Most of these countries involved might want to protect their citizens against some scrupulous and fraudulent ICOs who capitalize on the easy access to cryptos to defraud potential investors as result bringing down more opportunities in cryptos markets globally.
Not only government but some people are also creating this issue, some people are lack of knowledge so they are now sure about profit, government should allow their people to use crypto currency because it is good for economy of the country and for people who are living, they will get job and this will help in development of our country, lack of knowledge and awareness if the major problem I guess.
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fibrolit
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March 16, 2019, 09:04:32 PM |
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Today, I believe the main problem is the lack of regulation of ICO by the state. This problem leads to fraud, the sale of huge amounts of ETH and BTC in the market and the loss of confidence in the cryptocurrency.
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Hamphser
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March 16, 2019, 10:33:51 PM |
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Main problem is the adoption yet not all governments would have the same view towards crypto and with its decentralized properties we can really say that it do really opposes governments laws and we know that all sorts of things that cant be controlled wont really be liked by them which its normal to think that they wont accept it in the end of the day.
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Chinocshyp
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☀️ Iskra Coin ☀️
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March 17, 2019, 06:59:12 PM |
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There are only a couple of projects in this space who are truly using blockchain as it should be used. The problem is, most projects are still using the blockchain for the wrong things. The blockchain is there to create a layer of trust, not to replace the internet or to create mere tokens for ICOs. Most projects now create tokens just to raise funds without having a deep thought about the utility of those tokens. Most token prices will only climb up with hype and marketing skills, only to crash down when the hodlers realize that there is no real utility of the tokens.
Hence, the problem is this: the market is flooded with useless tokens. Most of those tokens were only used to raise funds and not to have any ready-to-go utilities. 90% of projects now are simply copy-cats of one another. The market really deserves to crash in order to flush out the toxic tokens and pave way for great blockchain ideas.
Until more projects introduce ready-to-go blockchain token utilities, The market will remain like this. any rise in prices now will be purely due to hype or manipulations. For the market to move maturely, real projects are needed... real use-cases are needed. Projects need to attach real in-demand value to their tokens. There are too many toxic tokens now. The era of token hype will soon be over. People have gotten smarter and aren't buying into the market. Very soon, the only thing that will attract blockchain investors and users will be neither the hype nor the marketing, but the real utility blockchain projects have to offer.
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syamster
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March 17, 2019, 07:10:11 PM |
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True. However at the end of the day, they will accept it and they are going to control as much as we let them to control it. This is it. Otherwise this would create even more serious fundamental challenges to the deep state. Main problem is the adoption yet not all governments would have the same view towards crypto and with its decentralized properties we can really say that it do really opposes governments laws and we know that all sorts of things that cant be controlled wont really be liked by them which its normal to think that they wont accept it in the end of the day.
You are right and it could be true but in my opinion the nature of crypto market now a day is really volatile that no one can make good prediction so if some countries are not accepting crypto currency it is not a big deal we can solve this issue for holding and waiting, being worry and impatient is not the solution as panic selling will create more problems for market.
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