The extreme escalation in transaction times is there to ensure the whales can cash out but that smaller investors cannot.
Whales can make large transactions, the fees do not mean as much to them.
At the same time the small investors cannot cash out because their investment is quite small compared to the fees.
The result is the following:
- Whales are cashing out, converting to fiat - Newbies are buying from the whales in the hope of continues increases - Existing smaller investors do not want to sell now (despite possible large profits) because of the high fees is you only have a small investment (Today another bitcoiner on this forum has to pay a 20$ fee for a 50$ transaction).
When the whales have completed the sell-off, smaller bitcoin investors can finally begin to sell and that will be the trigger for a complete collapse in the price.
Its all because of the christmas eve. So it doesn't matter much and it is the best time to buy for buyers who have been waiting to buy at low price. It's not wise to transaction less amount like 50 with a bitcoin fee of 20$.
Just imagine selling your $259,900 house for 43BTC and 2 Months in street.
and after just 2 months sell 43BTC for $498198.
Again buying the previous also you will be in profit of $472298.
would you try this technique.
Please don't do that. Crypto is a volatile market, Invest what you can but don't invest you life properties into it. It's not good at all. Try to be safe rather than risky.
TELEGRAM WEEK: 10 (20/10 -26/10) Your number on the spreadsheet (If you are not on "-"): 71 Your bitcointalk username: ZoonearNTR Telegram @username: @zoonearntr Ether adress: 0x6a96105204B9ca33982E280D28AE5D5ba5802780
WEEK: 10 (19-29) Your number on the spreadsheet (If you are not on "-"): Your bitcointalk username: zoonearntr Telegram @username: @zoonearntr Ether adress: 0x6a96105204B9ca33982E280D28AE5D5ba5802780
Among your list komodo and walton are the best ones.Don't go for waves, it is shit.The waves platform is a copy cat of ethereum.All projects exists over waves are shit.
Post
Topic
BoardAltcoin Discussion
Re: Few days left for IGNIS token give-away!!
by
ZoonearNTR
on 23/10/2017, 12:04:20 UTC
Nice share.Gonna buy some IGNIS and keep them in NXT wallet.
Post
Topic
BoardAltcoin Discussion
Re: What is your thoughts on NEO (Antshares)?
by
ZoonearNTR
on 23/10/2017, 11:40:35 UTC
NEO has good features and more over it offers GAS to its holders which is quite interesting. It will be bigger than what it is now.
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Topic
BoardAltcoin Discussion
Re: deadcoins
by
ZoonearNTR
on 23/10/2017, 11:27:23 UTC
Yes it nice to have these kind of websites.So that people stop investing their money in to dead scams.
Post
Topic
BoardService Discussion (Altcoins)
Re: Bounty Campaigns
by
ZoonearNTR
on 23/10/2017, 10:18:07 UTC
Bounty campaigns are those where through which ICO's promote their coins.It is the best way for them to promote their coin.Through this programs they get investors for them.Also bounty hunters will get rewarded for doing bounty jobs. Also bounty jobs are hard and you need to be focused on it.It takes lots of time and effort for doing bounty jobs though they will get rewards.
Post
Topic
BoardSpeculation
Re: THE FUTURE OF COINS BTC
by
ZoonearNTR
on 23/10/2017, 08:37:30 UTC
SPeculations are not bad but I think saying it could go down to 200$ is pointless.It could never go down to 200$ because of the increasing cryptocurrency marketcap. Every new investor in the crypto world wil step their leg into bitcoin.Thats how it increases its price.It could go beyond 10000 in just 6-7 months..
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Topic
BoardBitcoin Discussion
Re: Can we get Bitcoin Gold if my BTC is in paper wallet?
by
ZoonearNTR
on 23/10/2017, 08:20:03 UTC
Don't worry you will get them if you own private key for that wallet.
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Topic
BoardBitcoin Discussion
Re: where do I place 100k?
by
ZoonearNTR
on 23/10/2017, 07:16:59 UTC
Altcoins could give you more ROI compared to bitcoin.So I suggest you to invest in altcoins.
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Topic
BoardSpeculation
Re: Bitcoin is falling, But don't worry!
by
ZoonearNTR
on 23/10/2017, 06:23:03 UTC
Yes its again raised to 6000$ today and it will not stop rising till segwit2x and then after it takes some correction and fall down to like 5000$ and again surges back.
Post
Topic
BoardAltcoin Discussion
Re: What is the best coin?
by
ZoonearNTR
on 22/10/2017, 11:49:18 UTC
According to me the best coins are Qtum,omg,NEO, status, electroneum.