New Dawn for Crypto world is coming very Soon
Cryptocurrency and Blockchain world has been sidelined since 5 months since start of 2018. There is again great FUD going among investors and crypto enthusiast.I know everybody was expecting 2018 to be the boom year for cryotos but currently feeling like
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The common asked by people who are not well familiar with cryptocurrencies is that: When does Bitcoin becomes Zero?
Simplest answer is: It not going to become zero in near future. It will evolve into something new alongwith other currencies and eventually replace Fiat currencies.
Possible Reasons for current downfall in prices
- South Korean exchange Coinrail was hacked and 40-60 Million Dollars worth of BTC was stolen
- Investigations launched against institutions involved in price manipulation
Despite all this, all the major fundamental news and technical analysis is still positive and there is still no doubt that Cryptocurrency Market Cap can reach upto 1 Trillion.
Baron Rothschild said it Best:
Buy when there is blood on the street, even when that blood is your own.
Best time to Steem On
Steemit face very low activity in terms of users whenever there is price dip. Steem reward pool which is allotted daily is kind of fixed and very few people know that if there is less activity on Steemit in form of upvotes, posts then you get more reward via payout. It is simple science, the same amount of reward gets more divided when there are more users active.
The reward can be less currently in terms of worth but with the implementation of SMTs, there is already speculation of Steem to be worth at least $10.
Future of Cryptocurrencies
Eventually everything will be transformed and implemented on Blockchain. There would be more regulations and less price manipulations. Altough gains of 100x will cease to exist soon but Stable is more better.
Hello @bluemist
I have messaged you on steemchat.
But i can't get reply , That's why i have explained my problem here.
I sent a bid on appreciator. I sent 5.6 SBD and should be vote 3.01% worth $10.35 according to this round. But i got only 3% upvote from apppreciator worth only $8.87 .
I am very disappointed to see this, Please help me, I have losses so much SBD for this reason. I made this bid when i see it will be profitable for me, now i got loss
My bid on last round showing 3.01% will be get upvote .
I have checked this when the round was finished.
Accurate Calculation from steemnow
mistakenly i got only 3%. Whicg is a huge loss for me
Here is my post link : https://steemit.com/crypto/@akbarbadsha/get-20-barrel-brn-worth-usd1
Please check this and re- upvote the post or unvote the post and refund.
Waiting for your response.
Advance thanks.
Price manipulation and hacking are really annoying, it delays cypto growth somewhat. On the other hand it gives coders time to fix problems, write more aggressive security features. Crypto all the way, nice content @bluemist
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excellent ideas and reasoning here. yeah. i think i have already seen a lot of posts talking about lower activity on steemit because of prices being low. less number of people are posting and or a newbie like me, i am happy to get some steem for my rewards and also more sbd for the small earnings that i make. and then i can power up with more steem. so its really good for me in this bear market,
i dont think the price of bitcoin will ever go to 0. it is an established asset class now. there is manipulation, there is no regulation but there is full agreement about what bitcoin brings to the table. it will only see more adoption and price appreciation. and i agree, we actually need less volatility to have more adoption and for people to feel comfortable about investing in cryptocurrencies. once they start investing, they will also start using it for remittance (btc) or blogging (steemit) and there are news thingsbeing built on blockchains as we speak. i think the future is bright. great post!
I agree with you.
Thank you so much for your feedback.
I am holding and waiting for the future.
Great idea
"It will evolve into something new alongwith other currencies and eventually replace Fiat currencies." -I agree.
I guess till all the countries do not fully adopt cryptocurrency , oscillations will happen but eventually, it will stabilise !
I agree, just have to wait and see. Things are already moving towards betterment
Inshallah !
Amin ! Amen ! :)
Will take your advise on this and post more even when it's low.
Thanks for your awesome and motivational talks on Cryptos. I strongly believe in Cryptos, Nothing can get it depleted, experiencing Dips are normal in cryptos world 🌎.
After the launched of SMT Steem will surely Boom 💥.
Cryptos to the moon very soon 🔜..
You are welcome, this world is not for weak hearted anyways. Thank you for your feedback
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I guess the international politics play a lot in this uncertainty as well... The attention has shifted from the cryptocurrencies and everyone is getting riled up by North Korea, the Eurozone, migration crisis, wars... there is simply no time for cryptos in all of this... but little by little, it will come back :)
That is result of controlled media obviously, to divert attention. Yes, focus will eventually come back :)