A Bear market is in full swing. Only last year a leading cryptocurrency has lost more than 80 percent from its historical high price and market capitalization. However, this can be useful for some firms. In particular, such a decline allows companies to demonstrate their potential and to contribute to the development of infrastructure.
theA Protracted bearish phase was quite productive for such companies, Blockdaemon — the company that creates and starts a compute node. Its management says that the bear market had a very positive effect on their progress. The replica belongs to the General Director Konstantin Richter.
Now projects can appear in all its glory. It is time to raise money and to negotiate.
From the peak price has lost more than 80 percent, and fell more than 90 percent. Given such a crushing fall of the main cryptocurrency investors doubted the blockchain technology and that it is actually good for something.
Co-Founder and chief Advisor of the investment Advisory and recruiting firm Maco.la Cherie Kayzerman believes that this also proves the correctness of their decision to abandon in favor of investing in equity.
We have long understood that the best way to make money is to buy up the infrastructure of the company. It's the picks and shovels that built the Foundation. Now they are getting cheaper, and we do.
Writes Coingape, according to the blockchain will save billions of dollars through efficient processing of data and transactions. And although the technology is still in its infancy, there are many ICO-projects that managed to attract funding in bitcoins. This allows them to invest in infrastructure even with the significant collapse in the price of the coins. More data to search for .
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
VEB and the Grozny mayor's office transferred the housing sector on the blockchain
In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...
Hacker 1337. How to hack Etherscan not to cause any harm
Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...
Insight: Pavel Durov can imagine the TON and the GRAM this week
According to anonymous sources, Pavel Durov is going to make a formal presentation of cryptocurrency project TON at the world economic forum in Davos. Insiders claim that the closed circle of large investors have tried a test vers...
For EOSIO has released update 1.6.0. What's new in this version of the Protocol?
the Developers made the official announcement of the updates EOSIO 1.6.0, which should improve the efficiency and effectiveness of the network to fundamentally new strap. Information about the upgrade was posted in the official bl...
Why Bitcoin will bring dozens of x's in the future? Expert's answer
Reaching $ 20,000 in 2017, set an important psychological benchmark for all investors. Now experts are trying to determine the moment when the price of the home cryptocurrency will finally reach the coveted five-digit number. In h...
Charlie Lee: cryptocurrency Grin and Beam have more potential than Bitcoin
the Grin and Beam are now the two most discussed digital currencies among investors. New projects are not traded on major exchanges, but the Protocol MimbleWimle has already attracted enough attention by major market players and a...
The stolen data users kryptomere sell on the darknet. Should we worry about?
Many of crypto currency exchange now require their users to pass the so-called test . Sometimes these sites and steal confidential information. According to the online CCN, the user of the black market on the darknet Dread under t...
Is there a future for miners? Possible diversification options
After the high note, which industry ended last year, 2018 reminded everyone what kryptering can be unpredictable at best. With a peak of 20 thousand dollars in December 2017 Bitcoin throughout 2018 experienced a steady decline. Af...
Bad Bitcoin: Roger Vera is accused of cheating new investors
last week, Roger Ver found himself in the center of another scandal that has emerged in the Reddit community . CEO .com compare the current Bitcoin with Cash what was the original Bitcoin in 2009. In other words, now investors hav...
How will courses altcoins this week? Top 5 most profitable coins
still trading below $ 4,000 that not be the best influence on the rest of the stock market. Among the altcoins, even the top of the coin profitability is still not able to get out of downtrend. However, the situation in the aucti...
a Few days ago representatives of ANON reported conducting mandatory updates. Update will be on the block under the number 37000, tentatively to be produced on January 27. The contents of the update are contradictory and illogical...
On the way to the line $ 4,000: what is the Bitcoin exchange rate this week?
last week the bears failed to lower the price below the psychologically important support level. According to the schedule of cryptocurrency, the activity of buyers around the $ 3,600 is a positive sign and could be the first prer...
The cryptanalyst: trading with Bitcoin will turn into "turbulent waters". What does it mean?
After 2018, more and more investors expect the beginning of growth phase this year. However, some well-known cryptanalysts about the danger of unrealistic expectations regarding the niche. The cycles of market movements though aga...
Infographic: how distributed volume of trading cryptocurrencies on different exchanges
the crypto currency exchange can be used not only for the sale and purchase of digital assets. By assessing trading platforms we could obtain very useful data concerning the General situation of the industry. Analysts took the opp...
The results of the week: Ethereum has faced the last obstacle to growth
Price has been experiencing some difficulties with the breakthrough of the nearest resistance levels at the area 128 to 130 dollars. In the near future the bitcoin may rise to these lines, which will decide the fate of its prospec...
What's missing Bitcoin for growth? Expert opinion
the head of the Board of Directors of CBOE Edward Tilly made a very Frank statement regarding the cryptocurrency market. In his interview to the journalists of Business Insider Finance called the main obstacle that prevents a shar...
The demand for mining collapsed. The supplier of chips for Bitmain reported last year
the chip Manufacturer TSMC is the main supplier of equipment mining-giant Bitmain – spoke about a significant decline in demand for mining-chips in 2018. During a recent telephone call with investors, CEO C. C. Wei said that befor...
The cryptanalyst Brian Kelly: ETF for Bitcoin in 2019 will not fire
Kryptoperidinium and one of the key figures CNBC Brian Kelly said that the chances for approval in 2019 just yet. Such a statement Kelly made during an interview to Cointelegraph at the conference Crypto Finance in Switzerland. Th...
January sets an incredible pace for the cryptocurrency market. For example, last week a successful 51 percent attack on Ethereum Classic and the announcement of Nvidia card RTX 2060. Beat is possible with very great effort, but th...
The popularity of Bitcoin in 2018 on the darknet has doubled. What is the reason?
As shown by a fresh study of the audit cryptoform Chainalysis, the use of BTC on darknet markets have doubled over the 2018. Now the figure is equivalent to $ 2 million a day. because of its relative anonymity has long been used f...
Comments (0)
This article has no comment, be the first!