Users always have such high expectations and they say that Crypto will replace cash very soon, the financial system doesn't work that way, even if the government would have to shift to Crypto or digital payments then they will first check the pros and cons and also the use cases of Crypto and then they will try and test these methods for a long period of time and then if there isn't any problem in that method then only they will replace cash with it. Right now we only know that Crypto is better in sending payments faster to anyone around the world but at the same time it is also volatile and we can't send payments without any internet connection and a phone, still lots of improvements have to be made in order for it to be used widely.

This move can also backfire on the owners as they have brought bitcoin in a period of pump and if the price dumps, which it definitely will, then a lot of their savings will be washed off. I guess, they should have waited for the pump to finish and the market to go down again for getting a good deal, taking bitcoins at an inflated price is not at all a good move to be honest, they should have planned their entry point very well.
Although it is a great initiative and a big leap of faith taken by the restaurant owners to convert their entire savings into bitcoins, I just hope they don't regret it in the short term when the price falls again below $10k, but in the long run they will definitely enjoy watching their investment grow.

One thing I have seen with the projects is that they make an announcement, create a hype, capitalise on it, dumps their tokens on the general public, run away with profit and after some time, they again come up with a different team and different token for the same process. I sometimes feel pity on the people like me who get cheated by these projects and loose their life savings by investing in these scams.
Only a few projects out of a 1000 projects tend to survive the first year with promising results because the team is always there for development and not for short term profits, look at the ethereum or maybe ripple team, they are doing their work effectively and due to which the coins are also on the top of the market even with such huge market supply.

Paid channels are not worth the money, all they do is give you some free things made in a package and then say that the things are private and not to share thode things, but in reality they are scamming you and only want your money and that's it.
You can try one or two for becoming sure, but you are gonna regret it later. There are actually few good channels giving you paid signals for altcoins that are about to pump and asks you to subscribe on patreon, one of them is of bitcoin fund manager, he is from Seoul and is also having a youtube channel where he shares his achievements and some of the TA lessons, you can check him out, with his tips and my hard working nature I made almost 1BTC from an initial investment of 0.5btc in a matter of about 70 days.

I would post here on the forum and ask for the owner to sign a message from that wallet address, if he sign the message then I will happily return the money, but if not then it is going to be my money which an unknown person sent me as a tip.
Personal advice, always verify that the ethereum were not involved in any kind of hack or you may risk your money to be confiscated by the exchange on which you are trying to sell. There are a lot of people who were denied to get their money back because they ran those Crypto through a mixer and some darknet coins were mixed with their own in the incoming transaction, so ve wise and pay proper due diligence before send your coins anywhere.

Projects are always made in a way that they look very strong in paper but most of those doesn't look that strong after raising the initial capital and after getting an exchange listing, their condition become poor after watching so many price dumps that happens. Also it is said wisely that never judge a book by it's cover and these social media handles, website and Whitepaper are just a cover for those projects, the reality lies behind the curtain which only a few people are allowed to open.
But even with these so said covers we can actually do a basic search and when we like a project that stands out, then we can join it, just like the bounty of which I am currently a part of, Idena is a really good project with proof of people and I am also buying the coins and gonna hold them for atleast when the experimental mainnet goes main stream.

ICO are no more the industry standard which they used to be a few years back. Now people are more cautious when investing their money and are more comfortable to give their money to the exchanges rather than giving a new website promising to give a token of unpredictable value. And also there wasn't any certainty that the project would get listed on an exchange with the ICO tokens but this isn't the case with IEO offerings which easily get listed on exchanges. So I don't think the trend of ICO is coming, now DeFi projects are going to rule the world and with it rhe price of ethereum will also rise proportionally just like 2017 ICO frenzy on the ethereum block-chain.

No my friend, cryptocurrencies aren't that much reliable that you are thinking, you cannot have access to your wallet if you forget your seed or passphrase for recovering your wallet and you delete your wallet by mistake so, no chance of recovery at all. Whereas banks will help you get your bank account back, even the stolen funds are credited again to your bank account whereas if you send Cryptocurrency accidentally to someone in let's say bitcoins, then there isn't any chance for you to recover those bitcoins. Crypto does have a great potential to become the successor of banks, but right now it is behind the banks in terms of its use and the features of recovery, but it is showing new innovations day by day and for sure in the future we can actually see Cryptocurrency systems performing as banks for general public/ masses.

They would already have prepared for that, they are one of the most oldest websites there in the Cryptocurrency community. So, is this gonna be like that of Binance or something different, in the past Binance also launched a program where people were getting paid for learning things about cryptocurrencies if I am right, or matbe there was another company that was also offering people bitcoins for learning on their platform. This is a nice initiative taken by coinmarketcap and let's see what is in the future for them, as there can still be many bugs that people can exploit to earn faster and more money, maybe what you said that they can exploit the platfrom for just earning quick money.

But a lot of projects that were previously thought to be dead are actually doing it and people are earning huge money by trading those coins just for a day or two. Developers are taking the last profit from these coins by just finding a way to add DeFi in their name and viola they can make money again from their dead token again. I believe this is unethical and shouldn't be done as the community is already watching so many scams going on here in offerings of tokens and bounties and now this new type of scam is gonna make the community regret that they invested in these types of tokens. I have never invested in these type of scams and also always try to encourage people to not get themselves down this rabbit hole.

I guess maybe the rise in bitcoin price is because of the Korean government removing the ban on people which was restricting them to deposit their korean money from the banks to bitcoin trading sites and exchanges. Although a lot of Korean people didn't know about the removal of this ban but maybe they are now becoming aware of it as the time passes by. Also the price increase can be dueled by various other factors like the unrest which is currently in America, inflation all around the globe which is causing the dollar value to fall so technically the bitcoin value should rise against a falling USD, the fed printing a lot of money for stimulus package and many other reasons can be included in the list as well

There are only a few bounties that are paid as ETH, BTC, or the tokens of the bounty are already listed on the exchange, most of the bounties are of those projects that are gonna be listed on an exchange in the near future and what we get is only a promise to get paid this much amount of tokens that are gonna be worth 'x' amount according to the calculations by the team but after participating for a whole month or maybe 2 to 3 months when we get tokens in our wallet we still have to face a lot of problems, for example-
1. The coin won't get listed on any exchange, so our efforts will get wasted
2. The coin is worth a fraction of what was proposed in the start of the bounty, let's say the bounty was evaluated at $250k at the start of the bounty and when the project gets listed on the exchange then it it's actual worth came out to be no more than $50k(that too when the participants are lucky enough) or maybe no more than $5k for the whole bounty.

So I agree with the OP that we are only rich on the spreadsheets xD

In this pump also the price should surpass the previous ATH of $20k, if we are comparing the previous data where in almost every pump the price surpassed the previous ATH, even once or twice in an year. But now the bitcoin is facing a lot of problem even reaching $20k. There is a long journey from $11k to $20k, but only bitcoin can touch this high, other than bitcoin no other Cryptocurrency can do this kind of thing.
Bitcoin could already have touched more than $20k now but the scams related to it are making it way harder to reach a good price for future pumps. Also, people are now a days being more cautious when it comes to investing because of the COVID spread due to which people are jobless and are having very less spare money to invest somewhere else than the traditional markets. So it will take atleast two more pumps for the price to reach the ATH again.

We won't be able to see sudden mass adaption of digital payments and the fall of fiat currencies would also be a step by step process rather than a sudden one. We can see people are already using digital payment methods and also there is huge  growth in the number of people transacting with digital payment methods rather than cash and once there will be a majority of people doing digital payments we can then see a shift from these digital payment methods to cryptocurrencies or maybe national cryptocurrencies in the far future. Pretty surely the fiat currencies will remain for at least half a decade more from now.
Before trying to shift people from fiat to digital currencies we have to first develop that kind of infrastructure to support the digital payments everywhere and also the telecommunication system has to be upgraded to keep up with the increasing demand and then only we can see the future where digital currencies will rule the world.

The system doesn't work the way we want it to, banks can identify the users dealing in cryptocurrencies by checking the transaction history of the account holder and also relating it with the accounts from which the user for the funds, although the process will definitely be more complicated than written here.
Still, it is pretty unfair to have such a monarchy in a democratic country where users don't have freedom of doing transactions and having a continuous fear of their banks freezing their account for doing transactions in cryptocurrencies. Right now India is not having any restrictions on Crypto usage then why freezing the accounts of the users dealing in cryptocurrencies.
I guess now users will have to sell their coins for cash and not do any dealings in Crypto to bank accounts until the stance of the government doesn't get cleared on the legalisation of cryptocurrencies in India.

Most of the people are uploading their images on social media platforms which the companies can then sell to data analytic companies which even have access to your uploaded pictures, even the ones that you have made private on your Facebook account. Now a days, there have been an option to change privacy settings on most of the social media platforms but this wasn't present before and also the custom privacy settings are set to all data sharing by default unless you edit these settings. So most of the companies that brought the data from social media companies would already be having everyone's face data.
2fa is also the option that a lot of people these days are adapting to and is a lot secure than the traditional passwords as a single barrier to your account security. With more people activating 2fa there will be a lot less account hacks in the future.

This trend is going to continue in the future as well, a lot of people still don't have any idea what blockchain is and what are its uses, even people in the finance sector don't know much about blockchain but this kind of knowledge should be encouraged now as the future is already being built on blockchain and many big companies are having blockchain research going on. Bitcoin is still in the early adaption phase where a lot of innovation is going to happen in the future and I am sure bitcoin is going to reach an ATH again in the coming future.
A lot of people go into fear after watching the price take a small tible in a pump phase and sell their holdings, but mostly it is a false alarm and the price still continues to go up. My advice, just hold your bitcoins and never look at the price before the year 2030, then you will see how much bitcoin appreciates over time.

#Authentication Post Idena
Bitcointalk username : lumeire
Telegram username : @lumeire
Wallet address : 0x6111299f4b5e87e85302688a911a7bcbd7319524

This DeFi hype will definitely be going to make ethereum super inflated in price along with the ongoing bull market, but it is surely possible to make a decentralized token sale with the ethereum smart contracts, currently the IEO hype is going on and when this ends there would surely be a DeFi token sale making the ICO a rudimentary thing of the past which will not be scamming the innocent investors no more. But right now there is still slight possibility for the acceptance of ICO for decent projects that are loved by the community as well.

Altcoins always pump when bitcoin price rises, converse is also true in this case, if the price of bitcoin fall then altcoins also follow bitcoin price. In the 2017 bull run also, the altcoins were pumped after the bitcoin price pumped a lot, altcoins take more time to pump and they only pump if the bullish signal is confirmed in the bitcoin market, then people start to pump the altcoins too. I have never seen the altcoin market to pump without a change in bitcoin price, but it will be good to see such scenario in the future.