Happy New Year boss. Baka naman sa newbie ahahaha thanks!

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As of now, it's just a short-lived pump. It seems that we had hit $7,600 as another resistance level where people tend to sell once it's been hit. Just proves that no matter what predicion we do, the market would still be unpredictable, with large players and decentralized market, anything is possible.

It seems like just an attack, either personal or political, by other people unrelated to YouTube or Google. Google has been open on adopting cryptocurrencies. News about Google integration to smart contracts for Ethereum^[1] and Google Pay's plan to support crypto^[2], seem to indicate the other way.

https://www.forbes.com/sites/hanktucker/2019/06/13/google-integrates-cryptocurrency-project-with-new-blockchain-oracle/#7dfd615261dd^[1]
https://cointelegraph.com/news/multicurrency-crypto-wallet-integrates-apple-pay-with-google-pay-to-follow-within-weeks^[2]

Replying to OP - I don't think any promises has been made. It just originally aims to provide a platform to send funds without limitations and an alternative mode of transfer of funds.

You must sacrifice one for another. You want more security in times of theft? Then subject yourself to regulation to implement KYC on all exchanges, to make it easier to crack down on who stole ones Bitcoins and therefore, can't convert it to fiat.

You want anonymity in the platform? Then forget regulation, but be wary of your every action. Once sent, it can't be retrieved. A feature exploited by thieves.

I'm sure many of here profits on doing jobs such as signature campaigns and other forms of campaign, being a campaign manager, and other sorts of job that pays on cryptocurrencies.

Though personally, I prefer investment over trading, since predicting market price trend everyday would be quite difficult, especially since the market is decentralized, market movements are almost impossible to predict.

Upon investing, I could hold for months or even years, all while spending my time improving myself in my own field. You are much more in control when investing, and is generally much safer and more efficient than watching an unpredictable market, thanks to manipulation of whales and sudden shifts of market sentiment.

Heavily depends on your funds. You must always remember that only invest what you're ready to lose. This means only put in you're extra, non-neccessary funds that when you lose, doesn't really affect your living.

As you tell, it's still on theory. The market value of an asset relies on market demand. And market demand isn't easy to predict, since it includes several factors, from recent news, regulations, whale manipulation, and overall market sentiment over Bitcoin. And all of these catalysts to price change could affect the price pretty quickly.

I don't think it's such a great news. For one, the article stated that Bitcoin or any other cryptocurrency are used mainly to fraudulent acts, which would steer people out of cryptocurrencies without actually knowing about it first.

And for those people that invests in cryptocurrency as per the article, they must have invested not because they believe in the technology, but because they are promised of high returns by scammers in the market, such as HYIP and Ponzi schemes.

Unless true market adoption has been evident, we're stuck at being looked at a tool for illegal, gambling, and scamming tool. Though there are adoptions undergoing, there are still who opposes (on Bitcoin and other altcoins), such as the 2 superpowers, China and US.

The government is the one whose really responsible for negative interest rates. They want the GDP numbers (which most economist look to determine the country's economical performance) to be higher, thus making them look appealing to the people by forcing the population to spend their funds by making it worse on storing them on bank accounts. Negative interest rates are nothing special to inflation rates, since both have the objective to force people into using a currency, further boosting the economy and prevents the idea of hoarding totally, killing a currency if not used.

I personally think central banks want to adopt cryptocurrencies, but with different approaches. Some want to adopt existing cryptocurrencies, such as Bitcoin and other altcoins, to be a tool for them to profit more money out of innocent investors, advertising it heavily to hoard more money and let people invest on a risky, volatile currency, and of course with their fees and such.

Some banks, those heavily controlled by the government, such as in China, makes their own government-backed cryptocurrency. Given the fact that China is a Communist country, they want almost everything under their radar, and monitoring population's purchases throughout is one agenda they wish to achieve. Such agenda is also the cause why cash restrictions are already implemented, since cash gives some anonymity.

I'm not sure how the banks would adopt cryptocurrencies, but it seems that going directly to cryptocurrency and investing some funds would be beneficial. 2020 could be the year of Bitcoin, with halving on the way (lower supply generation together with another hype train), together with advancements in the Lightning Network, could potentially attract some investors, and if all things go well, could scale a little bit more with LN, making it a potent alternative currency for people to use.

As of now,  it's still a proposed bill. If it does get passed into a law, not only it would affect Libra, but also other stablecoins in the market with operating companies under the US Government. I see some points of the initiative of such move from the US Government:

1. It does mean that the government does not want only those volatile currencies without any real asset to back its value up, thinking it's a scam material.

2. It also proves that even the US Government saw the potential of blockchain-powered cryptocurrencies, just like what China did. They're just full of pride and does not want to immediately change stance from their president's explicit disagreement on Bitcoin and other cryptocurrencies.

3. Making this move makes these cryptocurrencies tagged as stablecoins legal under their jurisdiction, and it would be up to the law's final restrictions whether Libra and other stablecoins continue to thrive (if all things go well and midway two parties), or they would just abandon that idea because the passed bill would have too much demands.

Even though he missed the point, I still don't think it would make any sense. Lightning network has fees when you send something, pretty much like a transaction data, only messages this time. Another thing is that there are already a lot of applications dedicated solely for this purpose.

Another thing to point out is the decentralization that comes into play in Lightning Network. It would bring 2 main disadvantages; [1] It would make private data somehow insecure, since it is stored in individual nodes rather that governed under a centralized secured server, and [2] Even though Lightning Network is faster than the typical blockchain in terms of response time, centralized servers are still much faster generally in performance, which is essential in having an app with the purpose of communication.

It's always the manipulators game. These whales are what mostly drives the prices by instilling FOMO in investors minds and trying to swim with these whales only ends up being beaten to loss when you did not watch for the prices.

Also considering that there are literally tons of altcoins currently swarming the market, these altcoins could be considered as shitcoin already since they do not bring any real-life practical advantage to any other coins currently existing. Too much competition makes most of the competitors irrelevant.

Investors looking at these shitcoins are only speculating, way higher than speculating in bitcoin. It's primarily a get-rich-quick scheme, where if you get lucky and hodl some of a specific shitcoin before whales even flood its market, then as soon as the bubble is about to burst, sell all your holdings and never go back again.

That's what I think shitcoins are now for. Nothing worth investing in terms of technology and revoltionizing digital currencies, just pure speculation.

Everything is adapting and changing, even malware too. As bitcoin's becoming more popular, at least to those knowledgableable, the demand in having cryptocurrency such as bitcoin also rises. Personally, I encountered one of these cryptomining malware that is embedded on the installer of a game I downloaded. Luckily, my Windows Defender is up to date and immediately done necessary actions.

As said by others, those who do not know anything on computers aside from downloading stuff will likely to be a victim of these malwares that will degrade their cpu's/gpu's life, and probably ruining their experience as these malwares take up their resources.

I'm quite optimistic in the market today. Even after the recent crash in the market, it's still rising again and I'm positive to its future. I don't foresee ETH crashing to zero, it's too early to conclude for that.

I would like to teach them about the technology behind blockchain and cryptocurrencies and maybe will lead them to invest some on bitcoin. I wanna support crypto as it will be benefitial to almost all of us, however some aren't interested or thinks it's pure scam. Other people I know involved in crypto aren't either interested in teaching for personal reasons.

It's kinda hard to predict the future trend of the market especislly for newbies like me so the best option for us is to really hold for the meantime until the prices go up. Holding or trading, both are risky but I agree that risk is always a part in crypto. Trading is not just for newbies and might lead them to greater losses than holding it for the meantime. I am, however, quite interested to learn how to trade and to know the trend if I have a chance to have a capital investment.

Personally, I think it's because of the fact that the price of altcoins and other cryptocurrencies are much quicker to rise than those in stock market. However, consequences include risk of crashing drastically in matter of days/weeks and also add up the risk of some coins not recovering after drastic market crash. People tend to go with short term solutions instead of long term ones because most of us are impatient or needs profit ASAP.

I don't think it would be applicable to all though. Different people have different plans and interest in their lives and we cannot teach something that's not in their track 'cause they just won't learn anything they didn't wanna learn in the first place. Maybe we can teach it to business related courses, but the whole idea of bitcoin trading and market is pretty much similar to stock trading. The only thing a 'bitcoin course' would teach is the technology behind the blockchain itself, which for me, doesn't need to be learned from school as a whole semester but maybe attending seminars regarding the matter.

I think they're no longer worth it. Too small earning with too much time invested, and you don't gain anything at all, not even lessons about bitcoin. Well, maybe you can understand few things about bitcoin and its value in the market. A good place to start on but definitely not when you plan to go long run on cryptocurrency world.

Well if all those people got into crypto to participate in bounties, etc. then the price for the service will also go down until it's so small that it won't be enough for the effort. It's like the idea behind supply, too much supply of bounty hunters will lower down the fee per person involved.