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RE: The Downside of Bitcoin Price Surge and How You Can Survive The Alt Market Crash
Neo is still on an uptrend, targets place it at $40, although at this point I don't see an entry. There will be major news for Neo later in the month with the Shanghai conference which will surge prices for a bit. Another coin to keep an eye on in the short term is Qtum, they're launching their mainnet on the 4th of Octobre and swapping their ERC20 tokens for their own POS crypto. I think we'll see some price action movement today/tomorrow. Last altcoin that seems to be doing well is XVG (verge) they are launching their Wraith protocol this month, and just started trading on Binance, should have some upward movement also.
Awesome, thanks for the info @paperbull I'll look into Qtum asap then. I should follow you as well, you are pretty knowledgable about this.
Just a heads up, if you buy Qtum make sure, 100% sure, 150% sure that they are in a swap enabled wallet or exchange. I'd recommend using Bittrex for it, they've officially confirmed that they will support the swap on the 4th.
I'm sure am using bittrex. But why is it matter though? Will something bad happen if they are not swap enabled? I'm sure a lot of readers reading this conversation also wants to know
Not necessarily bad. The thing is that currently all Qtum out there are ERC20 tokens, that means they are tokens on the Ethereum chain. Qtum is finally launching their own blockchain platform and will exchange your ERC20 for their "real" token, called Qtum ignition. If you don't have your Qtum in an exchange or wallet ready for the swap then the company has no way of knowing that you own Qtum and should receive the new tokens.
Oh I see, now I get it. Thanks a bunch for the heads up! I've done researching about this matter as well. I wish I know about Qtum momentum a week ago, I wouldn't be stuck on other alts by now :( should've read more news.
I hope its not too late to enter now. Thanks a bunch @paperbull