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Messages - mikesmat

Pages: 1 ... 4 5 [6] 7 8 ... 10
76
Ethereum Forum / Re: Are you surprised at the price of Ethereum now?
« on: September 14, 2018, 09:31:16 AM »
Well, i'm quite not surprised at the performance of Ethereum at the moment as this was obvious some few months back when Ethereum dropped back from $1500 to $800. From there, a lot of ICOs which have accumulated large amounts of ETH began to sell off due to the fear of losing the profits for their projects. The dump continued as the price of Ethereum fell continuously creating more tension and fear in these large holders of Ethereum.
Ethereum can only bounce back to normal when new and more ICOs are created on the Ethereum Blockchain where ETH is used as the major cryptocurrency for participating.

I agree with you. I was not expecting ETH to drop to this extent and the persistent drop has created tension and fears. This is market and every market can fall and rise. May be we are in the fall section. Market condition will definitely change and may improve sooner or later.

77
The inflation rate of a country depends on several factors , largely influenced  by the countries input and output. There have to be balances betwern what a country produce and what it buys from other countries. Should anything destabilizes this balance, it is likey for the inflation rate to be affected. Venezuela has oil as a natural resource and as an oil producting country, it is expected of her to boost her economy. However, from my understanding of the story, the country economic development has been obstructed by corruption whkch goes a long way to influence the inflation rate of the country.

78
Economics , Sociology & Politics / Re: politics influenece on cryprto
« on: September 14, 2018, 03:13:38 AM »
Of course, politics have influence on cryptocurrency market. Some countries have made rules which are flexible to enhance the activities of crypto whilst others have made rules which do not favour the operation of crypto. I believe if a large portion of the population of countries which do not favour crypto activities become aware of the benefits of crypto, they are likely to influence the political decisions or influences on crypto  through voting.

79
Dash Forum / Can dash push into the top five coins?
« on: September 14, 2018, 03:05:20 AM »
A lot of coins exist on the crypto market with some being very famous whilst others are less known. Each coin has its own value. Just like physical currencies, some coins have bigger values than others. Do you think  dash can jump into the top five coins on the market? Is it possible?

80
Cryptocurrency Price Speculations / Re: 1doge = 1$ possible?
« on: September 14, 2018, 02:51:52 AM »
Of course, it is possible for 1 dogecoin to be equal or equivalent to one dollar though may not happen now and is likely to take sometime for dogecoin to achieve that. However, it does not mean that it is impossible for dogecoin to rank up to one dollar or more. Dogecoin has a bright future and a good potential too. Investing in dogecoin is never a bad decision though there is a risk involved.

81
Stellar Forum / Stellar and other altcoins
« on: September 14, 2018, 02:45:07 AM »
There are different altcoins on the market with  some becoming popular and  increasing in value substantially and consistently. I have realised that some coins have a high rank, are in the top 5, while others are on the bottom line.do you think it is possible for stellar to climb up to the top 5 coins on the market?

82
Cardano Forum / Re: Coin Prices
« on: September 13, 2018, 02:05:00 AM »
I think it can rise up to the dollar and it is possible. Cardano has a bright future and its value can increase substantially, should market conditions improve.

83
Cardano Forum / Re: cardano at its lowest price!
« on: September 13, 2018, 02:02:43 AM »
Of course, market has been unfavourable and the coins keep on dropping but i believe that conditions are never permanent and market conditions will change sooner or later. It is too early to give up your the investment.
Every market has periods of rise and fall, may be we are in the period of fall.

84
Litecoin Forum / Re: what is the future of litecoin?
« on: September 13, 2018, 01:37:56 AM »
i see litecoin in the first three top cryptocurrencies in the future. litecoin has a very good potential and is relatively stable.

85
Bitcoin Forum / Re: How does BTC price affect other crypto?
« on: September 12, 2018, 03:30:32 PM »
I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my investment due to this sudden drop. Does bitcoin price have something to do with this?

Bitcoin has been the father of all cryptocurrencies. A lot of people have been trading the coin in large quantities and altcoin activities tend to fund bitcoin. People use bitcoin to buy or trade altcoin so bitcoin activities, someway some how, also fund altcoin. Because of this effect, a drop in bitcoin will definitely affect altcoin.

86
Monero Forum / Re: is it safe?? if I invest for monero
« on: September 12, 2018, 03:20:07 PM »
Monero is a cryptocurrency which seems to have a good potential. Though market has been down for sometime, market will improve sooner or later. Buying Monero now is good choice since it may be easier to buy now than in the future. Should market conditions improve, the investor will definitely reap benefits.

87
Stable Coins Forum / Re: Is it possible for Tether to rise high and fall
« on: September 12, 2018, 03:15:00 PM »
Tether, as a cryptocurrency coin, can rise and fall. The rise and fall of Tether will depend on several several  factors just like how the value of physical currencies such as Dollars, Euro, e.t.c can be affected.

88
Dash Forum / Re: dash and ethereum
« on: September 11, 2018, 06:24:52 PM »
Dash can go over ETH, it is possible. However, it depends on several factors too. Both coins have a good potential and seems to have a bright future. In cryptocurrency market, nothing is impossible. It may take time for dash to overtake ETH.

89
It is possible. Market conditions have been unstable in general, however some coins are very promising and showing and showing very good potential. In cryptocurrency market, everything is possible.

90
Ethereum Forum / Re: Is mining Ethereum worth it?
« on: September 10, 2018, 11:29:06 PM »
It is worth mining ETH however, it is difficult to mine ETH as compared to other Coins.

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