Yes, that's a good idea. I do not know how to speculate prices of cryptos so I think it is good after one did a speculation he must share his thoughts and/or recommendation whether it's good to buy or wait for some more time.

Currently, EOS is ranked 5th in CMC by market cap. Its price at the moment is $5.80 as it dropped 1.06% at the time of writing. I like this crypto so I added it to my portfolio.

Americans are split almost evenly on the topic of whether or not cryptocurrency represents a promising investment class with a bright future.

A new Clovr research report sampling over 1,000 American adults found that roughly even segments of the U.S. population have strongly positive and apprehensive, bordering on hostile, views toward crypto assets, even as the total percentage of the population that is aware of cryptocurrencies continues to grow steadily. The report gathered responses to a number of questions from 1,004 Americans aged between 18 and 80 via Amazon‘s Mechanical Turk platform. The average age of survey respondents was 36.05, with a standard deviation of 11.86 years.

The survey shows that crypto awareness is longer a small niche, with 76 percent of the people surveyed professing their knowledge about it, and a further 20 percent indicating that they “sort of” know what cryptocurrency is. While these figures look good, a cursory dive into the data shows that the 76 percent drops to 62 percent when asked if they would be comfortable to explain what cryptocurrency is to others.

According to the survey, 69.8 percent of people expressed uncertainty about the cryptocurrency market while 28.1 percent are hopeful about crypto adoption and positive movement in the market. While 31.5 percent are excited about its usage, another 32.9 percent are confused, which is an almost even split.


A possible reason for this could be the fact that many people first experienced cryptocurrency as a speculative asset during last year’s record-breaking bull run, which made some see crypto as a means to get rich quickly. The bear market of 2018 soon followed, however, and burnt many fair-weather investors, coloring its perception by the general public. This is also reflected in the reasons given for investing or not investing in cryptocurrency, with 51.6 percent of respondents saying they would invest because of the possibility of outsized investment returns and 58.1 percent saying they would not invest because the crypto asset class is too risky.

The report also shows that crypto investment still remains an overwhelmingly male-dominated activity, with 43 percent of surveyed men having invested in a cryptocurrency before, against 23 percent of women. Unsurprisingly, millennials also led the generational statistics of cryptocurrency investors, with 41 percent of surveyed millennials responding affirmatively to the question, compared to 24 percent of Gen X respondents and 18 percent of baby boomers.

The main takeaway from the survey is that the subject of cryptocurrencies is still one of uncertainty and ignorance among many Americans, with many people possessing little more than a superficial understanding of what cryptocurrencies are.


Source: https://www.ccn.com/u-s-investors-divided-on-outlook-for-cryptocurrency-survey/

Hello, bossing! Time is gold, you must do it now! The other day I bought Php8000 worth of XRP, am applying for a loan to buy more. I feel it's a good investment.

The Ethereum network would “absolutely survive” without the input of co-founder Vitalik Buterin, the developer has said, appearing to confirm he is “detaching himself” from his creation.

BUTERIN: DETACHMENT FROM ETHEREUM ‘IN PROGRESS’

As part of a social media debate which covered various issues including his support of Ethereum-based altcoin projects, Buterin said that Ethereum itself could now continue even if it were impossible for him to contribute.

“I think ethereum can absolutely survive me spontaneously combusting tomorrow at this point,” he wrote on Twitter October 4.

Cryptocurrency industry figures had accused Buterin of “pumping” through his Ether (ETH) holdings, also casting aspersions on Ethereum’s pre-mine and other aspects of the largest altcoin.

Asked whether he was planning to take a back seat with regard to his project in future, Buterin replied that this was “in progress,” without giving details about a timeframe. “Already in progress; watch the repos, even much of the research is being done by (Danny Ryan), (Justin Drake), (Hsiao-Wei Wang) and others,” he confirmed.

Read more, https://bitcoinist.com/ethereum-could-absolutely-survive-without-me-vitalik-buterin-detaches-himself/

riople is getting more and more popular roght now and even some of the bank also integrated the ripple coin. What you preder to buy ripple or the eth ?

Ripple (XRP) is really popular ever since it's existed. Among others, banks prefer to use XRP rather than ETH because, with Ripple XRP, every transaction will take only 4 seconds - far quicker than most other cryptocurrencies, like Ethereum. I prefer to buy both once I have money.

The next wave of USD-backed stablecoins have begun to make their way onto high-volume cryptocurrency exchanges, and early indications suggest that traders may trust them more than tether (USDT).

New USD-Backed Cryptocurrencies Vie for Tether’s Crown.

As CCN reported, cryptocurrency firms Gemini, Paxos, and Circle have all in recent weeks launched asset-backed “stablecoins,” cryptocurrency tokens whose values are pegged to the U.S. dollar with physical assets stored in company-controlled bank accounts.

All of these firms have received regulatory authorization to operate in New York, whose Department of Financial Services (NYDFS) overseas what many consider to be the strictest cryptocurrency regulatory framework in the United States. Gemini and Paxos have each received NYDFS charters, while Circle has received the state’s coveted “BitLicense.”

Each of these stablecoins, the Gemini Dollar (GUSD), Paxos Standard (PAX), and USD Coin (USDC), looks to unseat Tether’s USDT as the fiat-pegged token of choice in the cryptocurrency markets. Tether, at present, is the eighth-largest cryptocurrency with a $2.8 billion market cap. With $2.3 billion in daily trading volume, it is also the second most liquid cryptocurrency, trailing only bitcoin.

Among other things, all three issuers touted that their tokens will be regulated financial instruments, invoking an unstated comparison to tether, whose issuer has reportedly received a subpoena from U.S. regulators and whose operations have largely been shrouded in secrecy.

Tether has also faced allegations of fractional-reserve banking and cryptocurrency market manipulation, and while an investigation conducted by a respected U.S. legal firm — at Tether’s expense — indicated that the firm’s issued tokens were fully-backed by USD, the company has yet to undergo a full-scale audit. The issuers of GUSD, PAX, and USDC, on the other hand, have contracted with accounting firms to audit their stablecoin balance sheets regularly.

Now, as these new tokens begin to achieve liquidity on cryptocurrency exchanges, it appears as though the controversy surrounding tether — which heretofore has been the primary USD proxy on exchanges not authorized to list physical fiat currencies — is causing USDT to trade at a discount to its more intensely-regulated counterparts.

Read more, https://www.ccn.com/new-crop-of-regulated-stablecoins-are-trading-at-a-premium-to-tether/

If you're buying ETH for the purpose of hodling it for long, so buy it in extremely low price your pocket could afford. But in trading, I think it's different you can buy/sell it at a high or low price depending on the market condition.