Topic: The entire market cap of cryptocurrencies is speculation isnt it? - page 2. (Read 215 times)
I agree that the whole cryptocurrency world is a speculation on which each participant wants to earn his profit.
It is not entirely true or wrong. By that I mean yeah it is somewha valid argument that you bought altcoins expecting them to reach higher prices to sell others so its like all other businesses but MORE speculation involved.
Well, it's just like any other investment. It's all speculation. You just have to do your research on the projects you invest in and be convinced that it's going to go up eventually. Sure, a lot of coins can't be used to purchase goods/services, but that doesn't necessarily make them worthless either.
Well said. Yes, without no information about the coin means your entry is in danger. Nobody (including me) in the entire world knows what the price will be the next day. Purchase based on the research and make patience. 
besides bitcoin, maybe litecoin too, most other altcoins only function is speculation isnt it? You can't buy anything with any of the newer altcoins and though they do have a lot of potential utility everyone needs to get educated on how they can be used to begin with, and only after big decisions are made to start using them. And then after that people will only buy as much as they need to use. And even then only if the price is stable.
That's a long ass time to hodl
That's a long ass time to hodl
Litecoin is nothing but a copy of bitcoin, lol. Everything is speculation but obviously stocks have a business behind them so there is always a product or products unlike many cryptocurrencies which have no product and they still are worth a lot.
yes. and bitcoin is 99.9% speculation too. the rest are a cool 100%.
when people shout 'utility' when it comes to ethereum, the only utility it has is creating more shitcoins and ICOs. that's not solving a real world problem.
the party will stop at some point. it's up to people to have something useful to show for all this before it falls to the floor. there's nothing out there yet.
when people shout 'utility' when it comes to ethereum, the only utility it has is creating more shitcoins and ICOs. that's not solving a real world problem.
the party will stop at some point. it's up to people to have something useful to show for all this before it falls to the floor. there's nothing out there yet.
Definetely it is, normally most coins must reach their current values after 1-2 years if their project will be successful and there will be real demand for coins, now they are all bought by us ''speculators''
besides bitcoin, maybe litecoin too, most other altcoins only function is speculation isnt it? You can't buy anything with any of the newer altcoins and though they do have a lot of potential utility everyone needs to get educated on how they can be used to begin with, and only after big decisions are made to start using them. And then after that people will only buy as much as they need to use. And even then only if the price is stable.
That's a long ass time to hodl
Yes,we are using cryotocurrency mainly for its speculation but if someone hold it for future use then he may get more benefits out of it.Still cryotocurrencies are not accepted as a payment mode so we can't expect the people to use it for only payment method when it give good opportunity to make money. That's a long ass time to hodl
It's easy to buy into what others say. I would say that if you buy shilled coins, then you can run into such conclusions. It's also lazy and careless. Do your own research.
You just need to basically check two things for a solid coin. One is a good team. Two is a coin with a future/purpose. With those two, you can definitely be positive that what you have there is a good coin to invest in.
With that, go check out Multiversum. The project this big can't avoid some criticisms. But I've done my own research and I am confident in the project.
There was a rumor that coinmarketcap is doing inside speculation on prices it might be a Fud news but we cant rely on the news but the news broke the prices to new down prices it affected the momentum in trusting the coin index
Yes it is speculation but so is the Tesla stock.
I believe in the development of cryptocurrency as a new thing. Just like the initial trading of the stock, it is also experienced a lot of distrust before going to today. The same goes for digital currencies. 
besides bitcoin, maybe litecoin too, most other altcoins only function is speculation isnt it? You can't buy anything with any of the newer altcoins and though they do have a lot of potential utility everyone needs to get educated on how they can be used to begin with, and only after big decisions are made to start using them. And then after that people will only buy as much as they need to use. And even then only if the price is stable.
That's a long ass time to hodl
That's a long ass time to hodl
In my opinion, any trade is speculation. Even if you are a producer. If coins have a price, it means that they are used for something. Perhaps you will not see a coin in the store, but for private or anonymous deals, any one can be used.
speculation is not a suitable word , you dont depend just on speculation for any coin future .
ethereum has a good utility , NEO has a good future for upcoming platform to launch ICO on NEO .
IOTA working on its tangle and other innovative ideas .
so everything depend on their project and real life usage of blockchain technology of those coins ..
if they succeed you also win , if they fails to deliver you also lose money ..
ethereum has a good utility , NEO has a good future for upcoming platform to launch ICO on NEO .
IOTA working on its tangle and other innovative ideas .
so everything depend on their project and real life usage of blockchain technology of those coins ..
if they succeed you also win , if they fails to deliver you also lose money ..
besides bitcoin, maybe litecoin too, most other altcoins only function is speculation isnt it? You can't buy anything with any of the newer altcoins and though they do have a lot of potential utility everyone needs to get educated on how they can be used to begin with, and only after big decisions are made to start using them. And then after that people will only buy as much as they need to use. And even then only if the price is stable.
That's a long ass time to hodl
That's a long ass time to hodl
Well, it's just like any other investment. It's all speculation. You just have to do your research on the projects you invest in and be convinced that it's going to go up eventually. Sure, a lot of coins can't be used to purchase goods/services, but that doesn't necessarily make them worthless either.
besides bitcoin, maybe litecoin too, most other altcoins only function is speculation isnt it? You can't buy anything with any of the newer altcoins and though they do have a lot of potential utility everyone needs to get educated on how they can be used to begin with, and only after big decisions are made to start using them. And then after that people will only buy as much as they need to use. And even then only if the price is stable.
That's a long ass time to hodl
That's a long ass time to hodl
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