Just many investors were able to invest their money almost in the first project and get a few weeks or months substantial profit. therefore, there is a perception that investing in cryptocurrencies is easy and fast money!
Now it will not be so. It will not be possible to invest in everything and make a profit ... Now we need to find really promising and unique projects.
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Re: [ANN] EffMining - new generation cryptocurrency
since 2010, the crypto industry has experienced a situation similar to 2018 4 or 5 times. And believe me there were falls and more and lasting longer... In the future, everything will be fine!
By the way, today is Bitcoin's anniversary. Today marks exactly 10 years since Bitcoin was launched! During this time, it was enough to rise and fall.
Competition is always good. This very seriously pushes the development of the project and the emergence of new features. I think that the more competition in the market among developers the better products will appear.
I want to believe that competition will enable new promising projects with unique technology to appear. That this coin will become something big and serious and not just another fork that is not needed by anyone ...
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Re: [ANN] EffMining - new generation cryptocurrency
Everyone knows how the world's largest social networks treat cryptocurrencies: Facebook and Twitter. Permanently lock accounts of users who publish posts about cryptocurrency. Do you think it was an accident?
They managed to achieve their plans ... investors are in a panic ... miners shut off their mining farms ... This means that a turnaround will soon begin and growth will begin.
Therefore, the current situation is called "market cleansing". Now the market EN masse leave the projects which had strong teams or serious development.
I also heard about this idea that the current market decline is a cleansing of scam projects. I would like to believe that this will bring its results.
You have a very correct and wise investment strategy. From myself I would add that I would definitely invest each time in another project. Thus completely minimized the risks to yourself.
Everyone knows that diversification is the basis of any investment business. Thus, an investment portfolio is formed and possible risks are minimized.
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Re: [ANN] EffMining - new generation cryptocurrency
by
Discovery2017
on 01/01/2019, 16:43:56 UTC
I do not rule out that Twitter itself is playing an active game in the crypto market. Just do not advertise it. But do not be surprised if it turns out that Twitter belongs to one of the crypto whales.
I think the crypto market will change in the coming years. Such manipulations as we are seeing now will not. the market will be more civilized and controlled.
All this goes. In a few years, the crypto market will be the twin brother of the stock market. With all regulatory commissions and other attributes.
No, it will not, there is no reason that this project can affect ETH price in the future considering its popularity right now. it might affect ETH price in the future if this project has more supporter or an advanced technology compared to ETH right now. But currently, it does not have both of it. more importantly, this project chooses to fork ETH itself as their code source.
REMEMBER, they are forking the source!
Until we see the finished product developers, we can not judge its prospects. Bitcoin and Ethereum also started as a small startup.
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Re: [ANN] EffMining - new generation cryptocurrency
Even now everyone knows and understands that the fall of the market in 2018 is a completely artificial process that was created and managed by major players in the crypto market. I hope that soon everything will change for the better!
All hope to see a turnaround in the market. I do not know what will happen if this does not happen. I do not even want to think about this situation. It seems to me that the entire cryptocurrency industry is in danger.
The trouble is most investors that they invest their money in projects without even having studied these projects. It's true. I know a lot of people who, apart from the name, do not know what they are investing their money in ...
And then these people run on the Internet and cry on the forums that they were deceived))) Investing is not an easy way to make money, as many people mistakenly think.
You have noticed this very correctly. If the project has real unique in-house development, then surely they will be interested in large investors and venture funds.
I also believe that normal projects that are really engaged in creating their own unique code cannot just disappear ... even on the negative trend of the crypto market they still remain and develop!
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Re: [ANN] EffMining - new generation cryptocurrency
I am more than sure that all the news on the account of the fall of the crypto currency in the future is fake
There is no secret to anyone that the crypto market is completely subject to artificial manipulation by large players. Everyone understands this and everyone knows.
It is not correct, this chain will fork Ethereum main chain in a certain time. Every fork can be perceived as an airdrop since holders on the old chain receive coins on the new chain. Just to make things clear
It seems to me that if a lot of people find out about the emerging aerodrope, then this can significantly affect the cost of the Ethereum itself.
i smell something fishy about this project , the team wont reveal them self to public and theres no future plan . so many riddle and lack of solid information in my opinion. if you are the forked version of ethereum classic , isnt it u need to put your commercial all over the net ? and yet i found nothing about this project
Perhaps the team just wants to keep some of their ideas secret until a certain point? Or so they are trying to create an intrigue? Who knows what the reasons may be.
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Re: [ANN] EffMining - new generation cryptocurrency
The main thing is that these people have enough patience then sit out and wait. Then they will be fine. Because manipulators will do everything to create a panic.
Let manipulators spend their resources and try to create negative moods in the crypto market. The main thing is that we understand this and do not give in to their manipulations.
I personally am not surprised at anything. This is a crypto market and everything is possible here! I saw promising projects that turned into a scam and saw projects of dummies that took off to the top of the rating.
The crypto market is a market of great opportunities and prospects! I think that anything can really happen here. Therefore, it is difficult to be sure of something.
If the project has a serious technical base, a serious idea and a serious team, then it will be able to develop in any conditions!
Partly you are right. Of course, on some promises and conversations, the project now cannot exist. In this plus the current situation that scam leaves the market. but also normal and promising projects are also very difficult.
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Re: [ANN][MAG][SWAP ON 11.11.18] X11 POS/POW+Masternodes MAGNET / magnetwork.io