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Illegal? Not really. Japan is currently at the forefront of adoption and doing friendly policies. They know they need to compete.
South Korea is mostly doing regulation which will be good for mainstream adoption long term. Minimizing bad impact to their society as their people tends to be crazy with tech stuffs.
China - since it is a centralized system of government. They would want to retain their control on money matters so that people will always rely on them and not be truly free.
Overall, I think it is a matter of time until governments steps up regulation to curb illegal activities which is good.
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Merit system is a really good system to encourage people to do meaningful discussion within the community. We should be discussing the pros and cons of projects we are supporting instead of too much shilling and fud.  Would love to have some of those merits from you guys!  Have not gotten any yet. |
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I think people are jumping the gun already and using Lightning Network. Arduous testing should still be conducted before it can be adopted widely.
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I think value is being created by being a means of payment or as a storage of value.
Bitcoin's value is dictated by people's perception. Same as fiat money.
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I always kind of hoped that one day all the fair weather fans would start to wander off. The folks would lose interest and forget why Bitcoin got to where it is today. It blew up so fast that I worried I'd never be able to acquire Bitcoin but it seems a miracle has happened. Everyone in this space now has no idea what the point even is!  It's terrific, before Bitcoin hits 100k and eventually a million a whole new wave of noobs are coming and going driving the price back up and then eventually leaving. You guys know this exact thing already happened right? The people that get Bitcoin keep stock piling, everyone else loses interest time passes and it explodes up again. Anyway, thanks to everyone that contributed to bring the price down. I truly appreciate it and it was good having you around for a while. Been there when it hit 20K, thought there would be no end to the gains. Happy too it went down to reasonable price. BTW, i started buying BTC when it was only 4-6K levels and was not able to buy more when it suddenly exploded. |
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Would prefer XLM now. Never knew you can also do ICO on this platform. Even if the focus is payments platform, still some additional use for it.
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I think it must be because of greed that people missed the chance when they had it. My understanding was that the people that benefited the most and got rich are the ones that understood the value of bitcoin.
The HODL knowing that the value of it is greater than the then current prices.
As for me my regret is not getting on the action earlier as I had some money in 2015 but ended up using it all up. Could have bought some Ethereum then and I would have been a millionaire too.
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2017 was the start of mass adoption. With adoption comes pain points. The January malaise should be a temporary period and volumes can pick up again during the 2nd half of the year.
Or I might be wrong and this time will be the start of a downward spiral. I do still believe in the potential of blockchain tech to improve the lives of people around the world.
Imagine if universal basic income can be implemented using blockchain, there are several other use cases for the tech and these will ensure that cryptos will always have a role to play in the future.
Everyone is a speculator nowadays, but there will come a day we look back and be glad we took part in the next step of advancement for mankind by investing in the technology.
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Paypal would have to change for it to compete. Utrust will compete with it and maybe upend the payments industry if successful.
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Bitcoin is not useless as long as people use it as storage of value.
Fees and scalability issues can be fixed over time.
There have been a lot of same criticism against bitcoin but in the end it is still going to be surely an asset class in the next few years.
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Cash is used the same way. I think the solution for the government is to enforce strict KYC processes for institutions dealing with bitcoin and other cryptos to somehow stem the tide of illicit activities. Still, criminals will always find a way somehow to launder money.
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Sa ibang bansa meron na talaga din tax sa bitcoin. Siguradong naiisip na ng BSP at SEC na magsimula na din, implementasyon pa lang din ang di siguro ayos pa.
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Potential is there, however, developers still need to implement their improvements for more adoption and let the network effect decide. Bitcoin still the go entry for the crypto world and that is not going to change soon.  |
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Confidence in Bitcoin still high. Seems fees have gone down also. Probably more stable recovery around February.
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Bitcoin is best as a payments platform/storage of value. Ethereum is much more about becoming the world's computer, running decentralized apps and smart contracts.
Bitcoin will always have the first mover advantage and the branding so it will always be at the top.
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What will you do if after losing several times in gambling, you are left with only small amount of money and that money will be for your fuel or for transportation, will you still continue with the little you are left with? What if you lose?
Just call it a day and go home already. Betting it again just makes you more desperate to win which in turn will make you surely lose it all. |
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Bitcoin prices usually take a hit around January. Turnaround should be on Feb and Mar.
Another reason might be the rise of the altcoins that are technologically advanced than bitcoin.
Until Lightning Network is implemented along with Segwit, the fees will still be too high and txns take a long time to confirm. This will dampen some scaling of use as other users will opt for faster alternatives.
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Still receiving the signature campaign emails. Not sure though if the campaign overall is still on going.
As far as I know, ICO should be this Feb right?
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Probably live off a house near the beach.
Should have nice internet connection as I will be trading cryptos in spare time.
Will be traveling a lot to other countries too.
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