Cryptocurrency and token are like any market: when the money comes in, the price goes up, when the money goes out, the price goes down
At the moment the flow of money is out of the cryptocurrency and in fiat.
Ethereum is particularly struck by the fact that all initial coin offerings (ICO) financed in Ethereum must, and are right, sell their encryption and put it into action. difficult to pay salaries in the crypt and it is impossible to pay the rent, etc. On any other occasion.
The ICO companies are not speculative funds, they must take their fiat and run in. This is and will be an obstacle for Ethereum while crypto is in a rebellious market, it is a vicious circle that can fall only when the money returns to the market enough to balance the flow of money from the encryption to the fiat It is guessed by anyone when and at what level it could be. [19659002]
[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]
The minimum crypts have a similar but different problem. Miners make coins and increase the money supply. A purposeless currency then suffers an increase in the money supply but no increase in currency use. Without a use case, a purpose for money, only money savers can absorb the new stock. This too is a vicious circle since new supplies dilute the value of money by reducing the price and saving HODLer and less willing to buy more.
Coins with an expanding use case absorb their new currency for the application currency. Their circulation increases and the result is that the value is not diluted. New cases of use of coins create demand and increase the price. Unfortunately, most cryptocurrencies do not have an application, so they are destined to fall when little money flows from fiat to buy and bury the new money supply.
This is the state now. Crypto is liquidated for fiat and prices collapse because most of the coins have no application to increase circulation, while tokens must be sold for fiat to pay for the development of the business or the promoters' yachts so that a vicious circle of liquidation be okay by lowering prices.
Meanwhile, bitcoin is holding very well while most cryptography is in crisis.
Bitcoin's resilience is very interesting and underlines the strength of its brand and the key to the bitcoin franchise for the entire market.
always a great time to go looking for tomorrow's giants.
The crypts to keep an eye on are those, however small, in countertendency. These coins are likely to have uses in addition to being coins to accumulate. One coin I'm involved with, Plus1coin, is a good example. It has a purpose, a social validation of content and a growing user base, so its value is increasing while almost everything else without an application is crumbled. Dogecoin, of which I have written a few times, is getting a new exciting cross-blockchain feature, so it is surprising because it adds functional value to its blockchain and therefore to its coin base.
Value is all about utility. The more useful a coin has, the greater the circulation, the more coins are needed to circulate, the greater the value of that blockchain's currency.
If a currency can rise against a declining market tide that is an investment candidate when the worst is over.
And what about bitcoin? Can it hold over $ 6,000? For me it is extraordinary that I have and wait for a definitive capitulation to offer my point of entry to the purchase. Yet it did not happen. While the other coins and tokens were crumbled, the bitcoin remained relatively stable. It is remarkable.
While mining premiums are even more pitiful than when I pointed out that coin values were bound to follow the accident in mining prizes, the bitcoin price remains firm. Until the bitcoin capitola I do not think this crypt will be finished. In the meantime, altcoins will continue to be pushed down as encryption continues until settlement.
When we read the title "bitcoin is dead" it will be time to buy, but it does not seem close
Stay informed and in advance on the crowd with Forbes Crypto Confidential, an e-mail free weekly delivered to your inbox. Sign up today.
Disclosure: I own bitcoins and several altcoins, including plus1coin.
—–
Clem Chambers is the CEO of private investors Web site & nbsp; ADVFN.com and author of Be Rich The game on Wall Street and Trading Cryptocurrencies: A Beginner & # 39; s Guide.
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Cryptocurrency and token are like any market; when money flows, the price goes up, when money goes out, the price goes down.
At this time the flow of money is out of cryptocurrency and in fiat.
Ethereum is particularly influenced as all those initial coin offerings (Ico) financed in Ethereum must, and they are right, sell their cryptoconditioning and put them into practice. Unfortunately, it is difficult to pay the salaries in the crypt and it is impossible to pay the rent, etc. In anything except the fiat.
ICO companies are not hedge funds. They have to take their fiat and run. This is and will be an obstacle to Ethereum while the crypt is in a rebel market, it is a vicious circle that can only end when the money returns to the market enough to balance the flow of money from encryption to fiat. It is guessed by anyone when and at what level it could be.
[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]
The minimum crypts have a similar but different problem. Miners make coins and increase the money supply. A purposeless currency then suffers an increase in the money supply but no increase in currency use. Without a use case, a purpose for money, only money savers can absorb the new stock. This too is a vicious circle since new supplies dilute the value of money by reducing the price and saving HODLer and less willing to buy more.
Coins with an expanding use case absorb their new currency for the application currency. Their circulation increases and the result is that the value is not diluted. New cases of use of coins create demand and increase the price. Unfortunately, most cryptocurrencies do not have an application, so they're bound to fall when little money is coming from the fiat to buy and bury the new money supply.
This is the state now. Crypto is liquidated for fiat and prices collapse because most of the coins have no application to increase circulation, while tokens must be sold for fiat to pay for the development of the business or the promoters' yachts so that a vicious circle of liquidation be okay by lowering prices.
Meanwhile, bitcoin is holding very well while most cryptography is in crisis.
Bitcoin's resilience is very interesting and underlines the strength of its brand and the key to the bitcoin franchise for the entire market.
always a great time to go looking for tomorrow's giants.
The crypts to keep an eye on are those, however small, in countertendency. These coins are likely to have uses in addition to being coins to accumulate. One coin I'm involved with, Plus1coin, is a good example. It has a purpose, a social validation of content and a growing user base, so its value is increasing while almost everything else without an application is crumbled. Dogecoin, of which I have written a few times, is getting a new exciting cross-blockchain feature, so it is surprising because it adds functional value to its blockchain and therefore to its coin base.
Value is all about utility. The more useful a coin has, the greater the circulation, the more coins are needed to circulate, the greater the value of that blockchain's currency.
If a currency can rise against a declining market tide that is an investment candidate when the worst is over.
And what about bitcoin? Can it hold over $ 6,000? For me it is extraordinary that I have and wait for a definitive capitulation to offer my point of entry to the purchase. Yet it did not happen. While the other coins and tokens were crumbled, the bitcoin remained relatively stable. It is remarkable.
While mining premiums are even more pitiful than when I pointed out that coin values were bound to follow the accident in mining prizes, the bitcoin price remains firm. Until the bitcoin capitola I do not think this crypt will be finished. In the meantime, altcoins will continue to be pushed down as encryption continues until settlement.
When we read the title "bitcoin is dead" it will be time to buy, but it does not seem close
Stay informed and in advance on the crowd with Forbes Crypto Confidential, a free weekly e-mail sent to your inbox. Register today.
Disclosure: I own bitcoins and several altcoins, including plus1coin
—–
Clem Chambers is the CEO of the website of private investors [19659022] ADVFN.com and author of Be Rich The Game in Wall Street and Trading Cryptocurrencies: A Beginner & # 39; s Guide .