Crowdholding

Are we in a Crypto Winter?

Are we in a Crypto Winter?

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Are we in a Crypto Winter?

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Since January we have seen a bear market in affect, with market volume dropping at an all time high to 813,871,000,000 to 279,131,000,000 as of March 29th, 2018 (Coinmarketcap). Many predict, 2018 is the year we see more valued use cases of Dapp’s utilizing blockchain solutions in the industry (link). Crowdholding is on the verge of turning on their eco-system where we will have live token movement from tasks instead of our current virtual system (come April). Our goal is to be one of these business model use cases that will create real value for the industry.  

While we build, we also have to think and prepare for a turbulent nature of market volatility and regardless what happens, dig deep to keep building and scaling, improving overall business development speed. Our business model utilizes the the Ethereum network. This is why we focus also on ERC20 businesses, but also accept others for special cases.

Our question today: What is your vision of the market up ahead for this year?

Do you see a Crypto Winter that could last many more months up ahead? Or do you see a rebound sooner than later? Could political risk affect outcomes this year? Or will we instead see governments with open arms? And lastly, what’s your thoughts about East vs West? Who is the fastest with developing in this sector in your opinion?

Very interested to see the responses. Keep up the good work everyone over the Easter break!






56 COMMENTS 44 VOTES

Most recent Most voted Most verbose

we are in winter because of the FUD caused by the banks, government, and media.
this will end soon when the users come to know that crypto is here to stay and crypto is really a next revolution of the World.
we can see the bull run at November of this year.

5 months ago

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8 months ago

Super

8 months ago

Our question today: What is your vision of the market up ahead for this year?

This year's market remains bullish due to negative news and regulations set in. However, the increased regulations will, in turn, push the crypto market into higher visibility and trust from the mainstream to become a digital currency platform. As long as coin exchanges 'promise' to deliver a diverse range of coins in the trading market.

Do you see a Crypto Winter that could last many more months up ahead? Or do you see a rebound sooner than later?

A lot of attention has been placed on '2nd generation' cryptocurrencies, Binance and Steem. They have addressed many of the underlying issues of 1st generation cryptos and hence potentially move up the ranks. Such movements could cause rebounds to Bitcoin/Ethereum as well. Crypto winters for 1st gen but not the 2nd gen coins/tokens.

Could political risk affect outcomes this year? Or will we instead see governments with open arms?

Yes and no. Crypto itself is hedging against other forms of assets thus having the potential to rise up during political turmoil. What governments are trying to do now is to set regulations, which might just backfire in the years to come. However, we have also seen many governments being open to the idea of cryptos. Europe, for example, is welcoming to cryptos, and governments that advance quickly to adopt cryptos are the ones that could finish first in the race.

And lastly, what’s your thoughts about East vs West? Who is the fastest with developing in this sector in your opinion?
East, if referring to Japan and South Korea are the fastest growing countries in cryptocurrency. They have always been trendsetters and I am not surprised that they would continue to be in the lead. West, referring to the US, may require an additional push - the root of the problem lies in its education system.

8 months ago

Factors that influence the rise / fall of the price of coins are true many but the most raw is the number or number of buy and sell. If there is a negative news is usually a lot of selling and eventually the price down. if the positive news is likely a lot of buy and harganyapun so go up.

8 months ago

Zexro Indra

former mutual wealth advisor for indonesia

Today, more and more people are joining and buying winter crypto. they believe crypto winter will be one of the most valuable digital assets.
I think the prospect of winter crypto will be better for the future

many things that affect the rebound, big brokers have an important role

of course political risk will affect severally crypto winter. I am not sure the government will open the hand, because crypto winter will be a rival of government currency.

after the end of the cold war, there was no more west and east. each side is interdependent with each other

8 months ago

My opinion regarding the crypto winter, in my opinion this was a much needed correction after the massive bull run back in December 2017. In the market, nothing comes up forever and what goes up hard must come down even harder. I believe the market will only start to recover slowly and have small run ups until the month of July in which the finance regulators of EU will draft up legislation and regulations for cryptocurrencies as what we have known from the G20 summit. Until then crypto will still be surrounded by uncertainty and a little FUD will impact the market worst than it should be. After regulations apply then we can look at the future of crypto more clearly.

8 months ago

Yes, i do. It is widely noticed im society. I kmow that media are trying to ban sites, but the community woll still believe.

8 months ago

Like any new product or market or way of working, the crypto will have its ups and downs. The Euphoria is usually on the hype and what something can and may be do, rather than the actual delivery, so we may not see such huge mad rises in the near future, but like the opening question said, as more and more DAPPS and other new blockchains deliver on the promise of the problems the solves and benefits they offer, we'll see selective rise in value of tokens.

Also, I believe for the market to mature as whole a few things need to happen

1. The BTC dominance has t drop to 25% range, its currently too lop sided to just one token, and in any financial markets we see the dominant portion is across 3-4 assets or types instead of just one. And even if BTC doesn't drop in value, we shall see other tokens rise in value to change this ratio in the future.

2. The co-relation to BTC and ETH, most tokens move with BTC, ETH and the market for most parts, with few exceptions. We have seen Binance break away the trend slightly and likewise a few others. The more we see this we'll see possibilities to make money when this happens, based on fundamentals rather than just market technicals.

3. Alts need to deliver on their road-map and make it simple to adopt their tech. A lot of the services are still highly technical and need more simplification.

8 months ago

Good

8 months ago

Lucy Saber

Developer API system

Nilai pasar semua cryptocurrency dalam ekonomi aset digital telah turun secara signifikan selama beberapa hari terakhir. Sejak tahun lalu sepanjang masa, kebanyakan cryptocurrency telah kehilangan antara 60-70% dari keuntungan tersebut. Sementara banyak koin mengikuti sesuai secara relatif dengan kerugian pasar BTC / USD, beberapa mata uang digital telah menerima pemotongan nilai yang lebih parah.

8 months ago

This comment is not available, it has been removed for violating the code of conduct

8 months ago

I see this year as one in which cryptocurrencies will rise in terns of use cases. While I don't expect the price to be as high as last year's, I think the market will be relatively stable.
Political risks have affected cryptos so much, but I think the market will be immune from the influences in a way. FUDs will not have great impacts on Cryptos as people will be more inclined to hold rather than sell at a loss.
As regards development, the West is outperforming the East. While the East is doing everything in its power to stem down the adoption because of perceived threats, the west have been looking for ways to bring in the technology without it disrupting the flow.
But in all, this year is a good one for the market in terms of use cases.

8 months ago

Cryptocurrency is the project of the future, the fall in the price of btc and altcoin is a problem caused by the number of scam coin, this is the business of trust, decreased public trust due to the large number of scamer, tightening regulation from various countries also become the decline of public trust, Btc has deviated from the project early as currency, I think a good way to increase the return of btc and altcoin prices is to restore public confidence and eliminate scammers

8 months ago

Its verry nice

8 months ago

Ethan Clime

CEO of Crowdholding.com

Hello Anime, tasks are attended to bring feedback for CH and businesses to achieve success by validating and utilizing crowdsourced knowledge. We kindly ask in the future to comment according to the question to help solve fundamental challenges the industry faces. The better the comment the more votes you can get. Cheers.

8 months ago

LeeKe Mac

If I make a comment - its usually honest and thoughtful. #dontfeedspamtrolls

This isn't a "Crypto Winter" in my eyes. The market is still successful and up against what it was 6 months to a year ago.
Crypto isn't short game - yes some people got in and out and made it look like a short game winner - but don't fool yourself and think you can walk in and do the same any old day of the week.
A little market stability and confidence in prices does more help to the economy in my eyes than rampant rises unchecked or backed and supported. Everyone could see that BTC's ATH was never going to be supported long term - and in that many new investors got burned. Left with a complete distaste for the whole economy you get negative backlash on the entire community and government speculation on intervention.
The stabilization period being referred to as a "Winter" - I see it lasting a few more months. But in that time I feel like we will be getting a push on more and more mainstream equivalent services backed by crypto projects that will lend itself to bringing back the legitimacy of the crypto industry to users outside the current communities.
No - most governments are never going to play nice if their attitudes toward the crypto principles don't change. While an industry remains that is largely unchecked by mainstream regulations, there is never going to be a government that won't do and say anything in order to create chaos and disrupt it. These governments have failed to see how beneficial crypto can be because they don't want you to succeed. Keep the man down, because if all the men rise up... the governments would realise - they actually have very little power.
As far as East vs west goes - I don't know if it warrants a big distinction. Globally, any location has pros and cons in terms of fastest growth, innovative ideas, or full transparency. None are perfect in this regard.

8 months ago

Good job and good luck 👍👍👍👏👏👏

8 months ago

Ethan Clime

CEO of Crowdholding.com

Hello Dukun, tasks are attended to bring feedback for CH and businesses to achieve success by validating and utilizing crowdsourced knowledge. We kindly ask in the future to comment according to the question to help solve fundamental challenges the industry faces. The better the comment the more votes you can get. Cheers.

8 months ago

agung wibowo

allways search and bring a news of airdrop and bounty

saya percaya ini adalah proyek yang bagus untuk ke depan.dan saya yakin proyek ini akan terus berlanjut dalam jangka panjang

8 months ago

Ethan Clime

CEO of Crowdholding.com

Hello, During the early stages of CH, we kindly ask you to use English on our Dapp to support our global business outreach. In the future, we will look into multiple languages.

8 months ago

Yes we are really in winter that is why the prize is down and Summer time is coming the prize will go up to 50000 as predicted by expert

8 months ago

I see a huge rebound in the second of the year that will take the market above the highs experienced at the end of 2017. It has been widely reported that there are billions of dollars in hedge funds and with other institutional investors waiting on the sidelines getting ready to be deployed. Once that happens, the market has nowhere to go but up.

8 months ago

Great project 👏👏👏👏👏

8 months ago

Ethan Clime

CEO of Crowdholding.com

Hello Mus, tasks are attended to bring feedback for CH and businesses to achieve success by validating and utilizing crowdsourced knowledge. We kindly ask in the future to comment according to the question to help solve fundamental challenges the industry faces. The better the comment the more votes you can get. Cheers.

8 months ago

The market value of all cryptocurrencies within the digital asset economy has dropped significantly over the past few days. Since last year’s all-time high, most cryptocurrencies have lost between 60-70% of those gains. While lots of coins are following suit in relative unison with BTC/USD market losses, some digital currencies have received more severe cuts in value.

The digital currency bear market is still in full swing this week even though many cryptocurrency enthusiasts are begging for the storm to end. Meanwhile, other proponents are using the lower prices to get some cheaper cryptocurrencies as they believe the bull market will return soon. At the moment BTC/USD markets are kicking back into gear after reaching a low of $6,590 a few hours back and now bulls have breached past $7K once again. Market volume has not changed over the past few market updates and still rests at around $5.9Bn in 24-hour trade volume. Top exchanges processing the most volume this evening are Bitfinex, Binance, Okex, Huobi, and Bitflyer. Over the past seven days, BTC/USD markets have lost 19 percent in value but markets are up over the past 24 hours.
Traders are either having fun surfing the shorts all the way down or they don’t know what to think as it’s been a tumultuous trading season this year. So far most of the market action in 2018 has been downward prices and a long bear market. Short contracts on Bitmex are stacked more than longs and traders in forums are calling for a double bottom. Some of them are repositioning their musical chairs either trying to catch a falling knife or profit from a bullish reversal.

8 months ago

In my opinion Bitcoin will keep growing and its value will rise later. Political issues are one of the things that impact the decline in the value of Bitcoin, especially if a country prohibits the use of bitcoin will certainly provide turmoil as well. The government opens its responsibilities depending on their perceptions, whether they accept or ban bitcoin. I think western bitcoin development is higher than east, maybe west is 2 steps ahead of east, but east also has the potential to go further.

The programs to be launched should be massive education campaign to expand the existing market that is currently dominated by whales and cartels that exacerbate the volatility of the industry. Once adoption is improved and small players that go long flood the market, only then we will see stability in the prices. The awareness campaign must also consciously calibrate its messaging according to the desired markets, most of which have difficulty comprehending the concepts in technical terms. Engagement of experienced communications teams would be a big help to get the messaging across the mainstream markets.

8 months ago

John Dexter Villapana

Im very curios on how things work

Its a sale for all. We just have to wait and start buying now. Btc will still survive in the future. Have faith.

8 months ago

hope this year is crypto year,,so we will profit..yippy

8 months ago

Nice

8 months ago

Ethan Clime

CEO of Crowdholding.com

Hello Dadone, tasks are attended to bring feedback for CH and businesses to achieve success by validating and utilizing crowdsourced knowledge. We kindly ask in the future to comment according to the question to help solve fundamental challenges the industry faces. The better the comment the more votes you can get. Cheers.

8 months ago

The best thing to do is wait it out. Take advantage of these low prices and buy up what you can. This kind of drop has happened several times over. I take full advantage of it every time. I make more money while others panic and sell their currencies.

Right now lots of people are cashing in before the holidays/end of the year and of course, lots of people are panicking and are selling as fast as lightning!

I will wait a bit more, than buy all that i can at the best price possible.

It will be a good opportunity!

8 months ago

Probably market gonna stay low for a while and will raise slowly

8 months ago

Crypto winter in my opinion will be longer because we know the most high and most popular bitcoin nialii inside crypto. turmoil will certainly rise even down, fluctuating nature is normal. but I'm sure Bitcoin will keep growing and its value will rise later. Political issues are one of the things that impact the decline in the value of Bitcoin, especially if a country prohibits the use of bitcoin will certainly provide turmoil as well. The government opens its responsibilities depending on their perceptions, whether they accept or ban bitcoin. I think western bitcoin development is higher than east, maybe west is 2 steps ahead of east, but east also has the potential to go further.

8 months ago

At the end of the second quarter, the situation should clear up. The leader in the industry is Asia. Asian money is buying the most promising ICO. They do not even go to the playgrounds. (e.g., AMMBR). Most projects will tend to zero, the proportion of scammers will increase. A little more than 100 projects will remain, but they will be the best of the best. And their capitalization will be measured in trillions of dollars. The process of developing cryptocurrency will not stop anything. No war, no politics, no natural disasters. Behind them is the future. Sorry for my English.

8 months ago

A few tips... Beware of get-rich-quick gurus hopping on the crypto bandwagon over the past year. Just because a market is in a “bubble” doesn’t mean it’s going to die. Bitcoin has been through over half a dozen big bubbles and increased in price after each one. Take the news for what it is – they’re trying to get views and clicks. They’re NOT looking out for your best interests or trying to help you make money. Good luck!

8 months ago

Regarding the crypto winter, in my opinion this was a much needed correction after the massive bull run back in December 2017. In the market, nothing comes up forever and what goes up hard must come down even harder. I believe the market will only start to recover slowly and have small run ups until the month of July in which the finance regulators of EU will draft up legislation and regulations for cryptocurrencies as what we have known from the G20 summit. Until then crypto will still be surrounded by uncertainty and a little FUD will impact the market worst than it should be. After regulations apply then we can look at the future of crypto more clearly.

And for this crypto winter to be over, the big players must join in in order to attract all other average joes like us to get into the crypto. Until some big corporations or government decided they will embrace crypto fully, this winter will last longer than we might precept.

I am governments will welcome blockchain technology with open arms but not other cryptocurrencies. They will be inclined to create their own crytocurrency which provides them with better control and financial advantage and hence this defeats the purpose of decentralization.

For the East vs West, as you can see now a lot of projects and ideas starts up from the people from the East, especially China and gets adopted+marketed in the West. Until the day China decided that they will lift the bans on ICOs and crypto-related projects, this will persists.

8 months ago

Elric Drost

Creative session specialist, likes to go out of the box.. and beyond

I think we are trough the worst part by now since we got around november levels of the market for some coins. I don't know excactly how long this "winter" will take be i think it needs some kind of event to get more people in to crypto once again. Could be either company's or normal people. When that happens the fear of missing out will do the rest until we need the reset once again. ofcourse the politics will influence what happens, but i also think that they will not stop it completely and i also think they know that by now.

8 months ago

Best

8 months ago

Ethan Clime

CEO of Crowdholding.com

Hello gatot, tasks are attended to bring feedback for CH and businesses to achieve success by validating and utilizing crowdsourced knowledge. We kindly ask in the future to comment according to the question to help solve fundamental challenges the industry faces. The better the comment the more votes you can get. Cheers.

8 months ago

Well in my opinion this winter will last till the end of 2018. I heard that the USA is gonna Ban crypto currency so to recover and for the revival we will need to wait till the end of this year.
The crypto world has a bright future but is still in the process moment and not everybody is ready to accept this but for sure crypto is the future.

8 months ago

Project amazing

8 months ago

Ethan Clime

CEO of Crowdholding.com

Hello Wawan, tasks are attended to bring feedback for CH and businesses to achieve success by validating and utilizing crowdsourced knowledge. We kindly ask in the future to comment according to the question to help solve fundamental challenges the industry faces. The better the comment the more votes you can get. Cheers.

8 months ago

I believe there have been a vicious PR war going on between the old establishment and the crypto world. How much the political dynamics are contributing to this prolonged bear market, I'd say substantially. Technical aspects aside, I have been observing the media (digital and otherwise) reportage on cryptocurrencies and I could say, through years of experience as a PR practitioner, that there is a concious and concerted effort at black propaganda versus cryptocurrencies. This, combined with a uninspired and disorganised counter-PR will fuel the bear market further until such time that banks fully develop their own blockchain powered products to sell to people.

The antidote is to launch a massive education campaign to expand the existing market that is currently dominated by whales and cartels that exacerbate the volatility of the industry. Once adoption is improved and small players that go long flood the market, only then we will see stability in the prices. The awareness campaign must also consciously calibrate its messaging according to the desired markets, most of which have difficulty comprehending the concepts in technical terms. Engagement of experienced communications teams would be a big help to get the messaging across the mainstream markets.

8 months ago

Ethan Clime

CEO of Crowdholding.com

Agreed, and from our medium articles, we get the most views and traction from our educational materials too, which shows the community wants it. So good call, will look into putting more emphases on that. CH Does have an educational element to it. Where users may come just to read and learn about the markets from these tasks being solved. Similar to how majority of reddit users spend time reading, and a lower percentage being only active commenters. Keep building next beta and feature rollout with that in mind and keep moving forward with the business. Thanks for your comment you got my vote.

8 months ago

Thank you for the reply, Ethan! Yes, communications is a continuous and necessary process to develop a learnt market. When the market's knowledge reaches a certain level of maturity then the industry will see less of the panic-induced sell-outs that we have seen in the past few months. The industry might also want to consider launching a more intensive, calibrated and issue-positioned information campaign in the social media to initiate a more robust recovery in the markets. Take on the mindset of being the ocean and not the boat. All the best with your project moving forward! Again, thank you for the opportunity to voice our opinion on the matter.

8 months ago

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jbm386

Signification time spent with enterprise software companies

I think Carter Thomas (Coin Mastery on YouTube) said it best earlier this week. The current hype and excitement around Crypto is pretty low compared to where it was 3-4 months ago whens marketcap was higher. Even if/when the institutional money comes in they are going to buy 'over the counter' so the retail investors like us won't see the impact of that on the exchanges because that new money coming in won't be setting buy orders on Binance and GDAX etc.

To move this upward significantly there needs to be major impact in 1 of two ways.

1. US & EU legislation needs to be extremely favorable (i.e. not very restrictive) to crypto investors, most likely this won't occur and there will be some level of restriction around how people can invest. This will cause a major dump most likely even from where we are now. I except that to happen at some point this summer.

2. However what is bigger than the is actual viable usecases where individual tokens are exchanged on mass scale. That means all of these projects who are going through beta / testnet versions and getting their initial customers on board to getting major mainstream companies and full use mainnets up and running.

Using Crowdholding as an example, when Crowdholding starts getting more well known brands (crypto ones and especially non crypto ones). Until that happens, Crowdholding's token price will be based on speculation and they will see small incremental priceswings (full disclosure I own six figures in Yupie tokens from exchanges and believe in this application).

If they can start getting more well known brands to join that will be more appealing because those brands will have more money to spend on rewards which will attract more users to complete tasks and get bigger brands looking at the platform based on the growth of user base and so forth.

This is how it is going to need to play out for most tokens where they are going to need to get their actual tokens being used for the purpose that they set in order to get the price to move up at this point in the market. When that starts to happen on a larger scale you will see the market return to it's all times highs and beyond. I anticpate that shift starting to occur sometime between fall 2018 and spring 2019

TLDR: It's probably going to get worse before it gets better from a marketcap perspective primarily due to legislation causing a dump and then usecases coming to fruition sometime between fall 2018 - Spring 2019.

8 months ago

Ethan Clime

CEO of Crowdholding.com

First, well thought out, and thank you for seeing the potential on what we are doing. Your confirmation of putting emphases on partnerships is definitely a must, and we need to be better. I really like what I hear from your logic. Personally, we are close to completing our discovery phase, and market fit for us will be finalized by end of summer. Thus, scaling initiated in fall. From your thoughts, this means we must dig deep and work hard and complete our miles stones and become one of the fall use cases that will allow us to scale. Timing is key also with success. You can have a great team and idea, but if you time it wrong, the outcome is more difficult. Right now utilizing this task to also prepare a risk management plan. So we can plan many scenarios and our actions according to those scenarios. Cheers.

8 months ago

I see this process trying to hold on to the life of digital money. It is unthinkable that the world (states), as a fact of great falls, is not able to abstract itself from it, to accept it, not to see it.

8 months ago

Ben bu süreci dijital paranın hayata sıkıca tutunma çabasıyla görüyorum. Çok büyük düşüşlerin bir gerçek olarak dünyanın (devletlerin) kendini bundan soyutlaması, kabul etmemesi, görmemesi düşünülemez.

Bireyler onun gün yüzlerce farklı para biriminin ortaya çıkması da girdi biraz endişelendiriyor. Bilinen para miktarının olduğu alt sıralarda yer alan jetonların kaldığı mucizelere bağlı olduğu. Çok büyük çaba sarfetmeleri lazım. Aksi halde alt sıralardan kurtulamazlar.

8 months ago

Hello! thanks for sharing your experience. However, since most of our users are speaking english, please use english here.

the usage of other languages will cause confusion.

for more information, please read our code of conduct:
https://intercom.help/crowdholding/general-support/code-of-conduc...

8 months ago

I see this process trying to hold on to the life of digital money. It is unthinkable that the world (states), as a fact of great falls, is not able to abstract itself from it, to accept it, not to see it.

Individuals are a bit worried about the emergence of hundreds of different currencies on his day. It is known that the tokens in the bottom row, where the amount of money is known, depend on miracles. They need a lot of effort. Otherwise they can not get rid of the bottom lines. (Google Translate> Turkish - English)

8 months ago

There could be a little relief rally if BTC manages to hold 6k now, but until new, big players come into the game there won't be a massive crypto rally as everyone currently in crypto got rekt hard in last 3 months.

BTC needs to become regulated and pension funds need to start allocating funds into it, nothing short of that would make it go higher. We could be watching a year of declines, maybe more.

It's scary but the west seems to have dropped the ball as far as cryptos are concerned. Most patents are being filled in China, their government is embracing the idea of digital currency. There is no surprise there as China likes total control and a digital currency enables it quite nicely. It is also much easier to build centralized cryptos, you can read up on XRP if you happen to doubt that. Chinese national crypto is almost ready and it will be used to protect Yuan vs other currencies, cryptos included. That is huge bad news for cryptos and freedom everywhere.

8 months ago

My vision of the market for this year will be amazing, that everyone who's accumalating or buying tokens/coins during this winter season will gain alot of profit. Winter will end on probably 1st-2nd week of April, same pattern of last year a good bull run up to August.

Politics and banks will go work hand on hand to create and spread FUD to crashing crypto price and for them to buy. Simple market manipulation, then they will make another and another regulations. That's why you gotta trust the project or the technology that you're investing on. Like Btc and HODLing it tight.

East vs west, I think they will work together on doing a better technologies and projects. Examples are the projects from the East being brought and introduced to the Western market successfully.

West is faster because they have more freedom, it's more transparent and people are more aware of crypto unlike in the East esp China alot of restrictions.

8 months ago

Like this

8 months ago

cric 4r u

I am a young open minded teenager with lots of knowledge

Well in my opinion this winter will last till the end of 2018. I heard that the USA is gonna Ban crypto currency so to recover and for the revival we will need to wait till the end of this year.
The crypto world has a bright future but is still in the process moment and not everybody is ready to accept this but for sure crypto is the future.

8 months ago