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Topic: Cryptocurrencies can't surge great height without speculations. - page 2. (Read 209 times)

member
Activity: 154
Merit: 33
Eloncoin.org - Mars, here we come!
While the market depends a lot on the people’s opinion of the coin,
Speculation is not the only thing that runs the market. If all coins ran through
hype, almost all of them would be dead by now. Yes, speculation can increase a
coin’s value but if it stopped there, it’s not gonna last long.

Investors need to see utility and actual value. There will be no speculation of increased
values if the coin is really worthless.
It's good to know, thanks for telling @Reatim because sometimes I wonders how a coin projects adoptions or existence awareness could enlarge without being speculated since Bitcoin or cryptocurrencies doesn't need to be advertised on the radios, TV nor even by the medias.
It's nice to understand that speculations is to call on peoples attentions and knowing their opinions towards a launched or an existing Crypto coin. Basically that could be a base where the coin could accumulate its potentials. So in here sentiments and the hypes of coins lies on speculations?
sr. member
Activity: 406
Merit: 262
Eloncoin.org - Mars, here we come!
While I agree that Bitcoin and Ethereum are force driving behind crypto adoption, I don't understand why you would consider BNB doing the same. Unfortunately, BNB is only restricted as a fuel to drive the Binance exchange other than that it is nowhere used. Speculating happens in stock markets too and it happens in crypto markets in the same manner. Speculation and the community are what drive the price of a stock and a crypto. They go hand in hand; without them, the markets won't last long.
sr. member
Activity: 2772
Merit: 357
Eloncoin.org - Mars, here we come!
While the market depends a lot on the people’s opinion of the coin,
Speculation is not the only thing that runs the market. If all coins ran through
hype, almost all of them would be dead by now. Yes, speculation can increase a
coin’s value but if it stopped there, it’s not gonna last long.

Investors need to see utility and actual value. There will be no speculation of increased
values if the coin is really worthless.
hero member
Activity: 2758
Merit: 522
Leading Crypto Sports Betting & Casino Platform
there are projects that actually contributes a lot outside crypto world, im talking about project like RNDR, STORJ and so on where it can be utilized by average joe to bypass the usual services like GPU computing from big companies that usually charges more or google drive.
I think if we are seeing from utility they indeed have place in the market so its not like things can't thrive without speculation but frankly speaking the companies nowadays when they went to public are also trying to play with their stocks much like cryptocurrency there's a lot speculation going on in the stocks market much like crypto and its project. sometime the development of the project itself stands independent from the price of the coin.
what matter is utilization these days, speculation is not a must for majority of coin but it did indeed helps a lot in increasing the worth of the project.
sr. member
Activity: 854
Merit: 262
Eloncoin.org - Mars, here we come!
I was just thinking how Crypto investment would had been in this such massive adoptions aside the aid of speculations.
Although as ta now, bitcoin, Eth and BnB has made their way to a global adoptions so, how do you think all these new projected AltCoins would survive if not being speculated and influencing the masses?
I do t really understand what you mean by influencing the masses but all I understand is that many new projects aare to being hyped that is why we keep seeing fast adoption making the project to keep having large numbers of investors buying and holding the projects.
We can make money by investing in altcoins but it is also wise for us to always do research before we ever decide to buy and accumulate any altcoins in the market.
legendary
Activity: 2100
Merit: 1208
Heisenberg
You make it seem like crypto markets are the only ones that work due to those short busts of speculation. Speculation stretches across all markets, be it stocks because money has to be made by the smart ones. And just so you know, speculation is usually just short term. Adoption happens long term when people realize that an asset or a technology is going to solve one of the problems the face
member
Activity: 154
Merit: 33
Eloncoin.org - Mars, here we come!
I was just thinking how Crypto investment would had been in this such massive adoptions aside the aid of speculations.
Although as ta now, bitcoin, Eth and BnB has made their way to a global adoptions so, how do you think all these new projected AltCoins would survive if not being speculated and influencing the masses?
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