When something can be made in an unlimited manner like fiat money then it would eventually lose its value because no one can stop it even if we say there are central banks that control it but still, humans are just unsatiable beings wanting to increase its fortune which would backfire because as the quantity increases, its value decreases in which bitcoin is superior to it because it cannot be added so if the demand continues, it would just increase in value.


I do believe that the comparison to internet is on the spot since people thought at first that internet would be gone after a few years. People are always doubtful when it comes to things something new because it might just be a fad like what others believe of bitcoin and then just blurt out what they have seen or heard from the media without actually knowing the thing. When they see their families or friends using it, they would want to try it too and that would be mass adoption.

Better to put your money in an investment vehicle that has a chance of taking off and beating the inflation rate than putting it in a bank wherein you would have to pay if your balance would go below minimum. This is just the thing I hate about banks because there are times when I just can't avoid reaching below minimum so they would reduce my balance when I am letting them use my money. It should be the opposite right? Anyway, we should invest only the amount we do not need at the moment due to the uncertainty of this kind of investment.


One should be aware first what are the risk involved when it comes to this kind of investment vehicle because if you are not aware of the possibilities then there would be a tendency for you to panic when something unlikely happens. Investing in crypto world is good but make sure that you are aware of the possibility of losing almost every thing when something bad happens.

Blockchain technology is something new so people are having a hard time directly accepting it especially when they knew ahead of time that it is use in illegal activities because it is what the mass media wants the public to insinuate. A regulation is needed for them to just accept it knowing that people most likely believe a thing when it is licensed or accepted by the government.


Due to the fact that it is something that the people didn't heard of before and it seems complicated just by hearing it, some would just stay away from it afraid that they would just lose their hard-earned money when they can't understand its process. I was afraid of it before too but due to curiosity, i was able to learn the basics of it since I am not so keen when it comes to its technical processes.

I think it would be just up to the platform if they would accept ETH as a payment option or not because I believe that if they would just tweaked the system for a bit, you can use ETH as payment option because they can still convert it to your currency anyway. Other platforms though accept ETH as payment option because it is cheaper than BTC most of the time as there are times when it becomes expensive when the network is clogged.


Having an easier way to just have a token without regulation just makes the scammers have more opportunity to scam people hiding behind those paid whitepapers, websites and other things needed to implement an ICO that would let them raise funds and run away with it. There are genuine ERC-20 coins that has good projects but because of those scam ones, maybe half of them or more, it has tarnished its reputation.

And as what the article stated, those coins that would be able to survive the recent bear market that we are experiencing is just one proof that it was able to withstand this kind of market situation and make the investors trust more the project and then it would become more valuable. We have yet to see what coins will survive the purge as it will prove if they are really worth to be included in the cryptocurrency market or not.


There would always be coins that would rise a couple of times and then there would be those who would lose the trust of people and then eventually lose its value slowly. Just observing how much the coins have lost its value for this year compared to last year will give us an idea of how people trust the project.

Yeah, right. We should just hope for the best but then be prepared for the worst as well. Just think of the possibility that the price would go down again below $5k. Are you ready for it? Do you plan to buy more when this price would be reach or you would sell all your coins and then leave cryptocurrency world for good? We should just have a plan so that we will now panic sell when that time comes. $10k is still reachable and 2017 surprise us but will it happen again this year? We should be ready always for what is yet to come.

Panic selling is done by people who do not have a trading plan in the first place. They just buy a coin hoping for a nice profit and if possible as soon as possible and when they see that the price goes down, they would just sell it because they are not prepared for it. They maybe bought the coin because it's recommended by a signal group or they just heard from someone that he is buying that coin because it would go up soon.


Maybe the key for one to profit in crypto if you are just a newbie and needs to take time to grasp it all is to buy just one coin at a time and then invest on it. It should be a coin that already has a history of recovering which would mean it may exist for years already and then the team should still be active so that people would anticipate the event ans a possibility that more buyers would appear resulting to a price increase.

Privacy coins are taking the attention of the criminals but then when the media cover a story, the only cryptocurrency they would mention most of the time is bitcoin. If it is about an investment scheme then they would immediately say "bitcoin scam" that's why people always assume that bitcoin is the scam itself.


I don't think that they can completely prevent it though because people will always have a way to achieve what they wanted. You're right that the criminals shifted their attention more to privacy coins as bitcoin is not that anonymous compared to the coins you mentioned that's why it is not the choice of most criminals anymore. But then every time there is a news, bitcoin is still the one being pointed out as used by criminals because many people only knew bitcoin and thought that it's the only cryptocurrency existing.

Even if we like government to be out of the picture, we can't still prevent them from getting involved because somehow, we need their cooperation so that people would opt to use cryptocurrency. If they would decide that it would not be good for the people and then ban it, we would be at a disadvantage because we would be having a hard time transacting and be always wary because we might be caught and penalized.


In our country, there is no legal standing of cryptocurrency yet; however, some companies involved in cryptocurrency transactions have been issued licenses and they just issue some guidelines and warnings to people to always be vigilant when it comes to investing so I'm thankful that they are not against it.

The thread starter is getting frustrated because of the prices not going up but then he simply wanted to warn others so we cannot blame him for that. It depends on the readers then if they would believe what he says or not because as we can see, those who joined crypto late last year especially after the run would be most likely at a loss and instead of selling all they have and walk out, they would want others to join them.


Some of us are already experiencing the things cryptocurrency can provide like ease of transactions and transparency which is what is needed for many transactions nowadays because there are so many things happening in the background that we don't know and why certain things happen so cryptocurrency would solve that problem. It would eventually have mass adoption.

Masternode coins are good source of income however, some good masternode coins are too expensive already that's why you should hunt for a coin that is not yet that expensive. There are several masternode coins you can choose from that are not expensive yet like CIF but then it's price is going down and has small volume but they are quite active so we have yet to see the effects of their efforts.


If you know how to convince others to join a certain website through your link then it would be a good way of having passive income. It applies to faucets as well wherein you can earn higher when you let others sign up through your link. You can use your marketing strategies in here as to how you would convince them to join and then you will reap the rewards later if they would be active.

This is not surprising from the perspective of the competitor because they would do all means to get rid of it. They may be able to convince those people who are not into bitcoin yet but for those who do, well good luck to them as their moves are already obvious from the start. Majority of the crypto community would not listen to their babbling because as long as people earn from it then they will continue using it.


Just what you said, he is the former Paypal CEO and a competitor of cryptocurrencies when it comes to payment options that's why people take notice of what he is saying. He is biased with his former company that's why anything that he would say would just equate to protecting the business and not his own. Who knows, he is also investing in cryptocurrency and just want to buy it cheap.

I think it is better to do it when the usage is not that widespread yet so that they can properly implement the necessary measures. Even if cryptocurrency was created to let go of the control of the people who are in power, we cannot still do that because we are still depending on them for the mass adoption since many people still believe that a currency would only be valuable if it is regulated. This is the reason why many are waiting for ETF because it would make some institutions be able to invest on it.


Just think of the tax as a contribution for your country so that they can implement the projects properly because they have the budget. As for the ICOs, regulation is needed because many people would just easily implement an ICO just for the sake of raising money and run away with it. They are lax with it because they know that they can get away with it but if there is regulation then they cannot just easily implement it.

People are just not that excited anymore to invest in bitcoin because of their experience for the past few months. Most of those who lost hope are those who invested near all time high and the value of their coins are just 1/3 of its value last year. This is just disappointment but an eye opener too for the investors not to expect that much for the next bull run and they would consider taking profit which most people didn't do last year even though it is clear that there is an impending downfall of the price.


Bitcoin would still exist for a long time as long as there is a demand for it and people can continue to profit from it. There may come a time when there is a another that would replace it but for now, it seems that it is still the driver of the coins and wherever it goes, others follow suit.

A regulation on cryptocurrency would be a big help for the adoption to move forward. There are some institutions or businesses that wanted to invest in cryptocurrency; however, there is no clear regulation yet that's why they can't just easily get involved with it. Some people too backed out when they learn that it is no regulated because there will be no one they can turn to in times when they would have a problem with their investments. It is one of the things that we are looking when we invest in traditional investments.

It would be better for cryptocurrency world to have mass adoption because in this way, we know that there is demand to the coin but before that happens, a regulation is just in the corner because they wouldn't just let it be a major currency without the authorities getting involved.

Even the topmost exchange cannot prevent pump and dump because people would always have a way of getting around with it. I can still remember that Bittrex has acted upon it before by issuing a warning to the traders that whoever will be involved in pump and dump scheme, they would deactivate his account. This causes for some pump and dump groups to find other exchanges so that it would not endanger their accounts.

There are two kinds of pump and dump anyway. Those that are accumulated for a long time by the whales and then when they see that they have enough, they would release some news so that other small traders would buy the coin and dump upon them or the other pump and dump wherein the groups have a particular time in which they would announce the coin to be pump.

This forum alone is a good source of information because people would read the thread of the ICO for some current news and you can read the thoughts of the people too in that particular ICO which is a good assessment as to whether that ICO is a good investment or not base on the feedbacks. In the speculation thread as well, you can scoop some news that the large news sites may not be able to take notice of.

Anyway, I am getting my news from telegram groups most of the time because admin would update its community about it and if I like a particular coin then I would just follow its community. As for the latest news of coins related to its events and the like, I would check https://coinmarketcal.com/

It's best to do it now if you have the means to do so because the price may shoot up sooner or later seeing that there is stability in the price of bitcoin. If it falls then you can protect your funds by averaging down. You may buy now with only a quarter of your funds and then slowly buy on your way up or down. In this way, you will not be affected that much by the volatility of the price.


You can either wait for the time when the market is already doing good. When prices are up and it seems like the bulls are winning then you can invest in it. However, there is no assurance that the price will keep going up so always have a trading plan beforehand to protect your funds from further losses.

When I started gambling, I have profits too so somehow I believe in beginner's luck because every time I would try a new type of gambling, I would win but then as time goes by, I'm already out of luck and in effect, all the profits I have accumulated from my past wins would be wipe out. I just never learned when it comes to gambling because every time I would win, I would just spend all of it again being greedy and then at the end of the day, it would be wipe out. I guess it is really just for entertainment and not for serious profits for me.

Kiyosaki has been one of my favorite authors when it comes to finance and he's one of the references to networkers because he supports it. He is respected when it comes to this industry so his statement would have a big impact to people because we know that when a respected person say something, those who follow him will listen and may even try to get involved with it and this time, it's cryptocurrencies. He needs to elaborate more about USD being a scam but then, it is good that we have an additional famous person that supports cryptocurrencies because we need someone like him in this bear market.