What is everyone predicting as the bottom on the market for ETH and BTC for 2019
Price prediction about Bitcoin is very hard. Because day by day Bitcoin and Ethereum price getting down and down. Some altcoin pumping something something but not huge. A lot number crypto lover already gone from market. For that reason, we should not predict anymore.
Totally agree with you. It's just useless to predict something that is being suddenly pumped by those chinese propably farmers at 3.500, staying there for a few days and then getting dumbed down again to buy or whatever. Totally agree we should not even try to predict anymore.
in any case, until recently, almost 70% of all Bitcoin transactions in the network were performed by miners from China. That is, it was under Chinese control that most of the hash rate was in. On the one hand, this negatively affects the popularity of Bitcoin, at the same time, the government of the Chinese Republic simplifies its views on working with cryptocurrency.