I am not one of those people who is calling for 100'000$ and more in BTC price.
I tend to think that there will more acceptance and more regulation which is inevitable and could be positive for the market.

Its hard to tell which actually is better.
Real estate industries tend to have bubbles as same as other investing industries , also one has to have large amount of money to invest in real estate ( if it is not crowdfunding) .

It is possible that we will see another bull run but market is evolving and possibly at the next bull run we will new , quality companies evolve not like before because investors wont trow money at anything that has ICO in them this time, they will think twice.

If we compare crypto time scale to dot com  bubble time scale, we are 3-6 months way from The start.

This is something that have dazzled my for while now , periodically we hear that another  100 thousand or million solar exchange hack but it seems that it does not make the security measures better in other exchanges.
I do not understand how can they be so careless about this absolutely vital aspect of their business.

I wonder if this report included those small exchanges with only 10s of thousands of dollar volume which in my opinion are not relevant.

this is nothing new, Centra is about 1 year old "project"which ended in complete crash and burn .
It is possible that they did not know that it was a scam, after all they had a team and cool working product till CEOs tried a exit scam.

 I like that in the end of this article peace there is a line about banks doing a lot more laundering than cryptos , according to some reports ( Sorry i cant find the reference), cryptos have the lowest risk of laundering since one have to exit to FIAT in the end ..

Also i do not believe that they will actually be very effective but it could be a big news if the fiat society believes that his is sufficient , it could benefit to wider adoption.

lol, seems that you are desperate to capitalise from ICo market. If you dont have your own idea and solid background, dont even bother of making ICO, we have already ton of bad ICOs which is making cryptos look worse every day.

If you come up with something unique and cool then go ahead.

Your support is not relevant since there already is laws in place which does not allow some citizens to invest in ICOS, thus  teams are obligated to check investors.

But some of your concerns are relevant and i am making the same points for some time know, it is very frustrating when projects ask for ones id on their shitty page or google forms. They should use KYC company but this costs money.

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also i have be noticing people who are activly pro KYC and saying shit like" f you are legit man, there is nothing to be afraid of"  , there is a lot of what we should be afraid of if they dont do KYC in professional way

I have been closely following this project since they claim to be raised about 12 million USD.

I have to say that they have been unbelievably irresponsible and greedy.

Irresponsible - they released bounty tokens half way thru their sale which led to absolutely trashing price in dex of their tokens.

Greedy- the only exchange they listed after ICO has been some incredible shitty GRAVIEX, it has 20k USD volume total , it is 500-1000 times less then IDEX has.

The way they handled aspects which directly impact their token price indicates that a) most likely the raised amount is not correct b) they dont care about their investors

I dont believe that this will be true, at least at official level it wont be recognized as such asset. But in the same time when /if geo political situation will get worse and worse, BTC will become more and more valuable.  Also for this to happen a lot of time has to pass so that we newer generation would be in charge.

Actually i dont believe that there are many ready to use products.
About which industries and which opportunities which are already used you are talking about ?

Do you mean merit or their smerit?

For example, if Full member has 100 merits by default and we add them up, what does it mean- can we say that these merits has been wasted.
If this amount was airdropped to user, then it does not account to much
But if we would add up the smerits that would be more appropriate for  term " wasted"  since it is something that could have been used productively.

One of the things that actually could push crypto to new ATHs could be crash of stock markets.
I am certain that crash will happen in  sooner or later , the last week possibly was and indicator that stocks are ready to burst and then the capital could go to other investments like BTC.

Interesting post, great job OP.

I  did not find how did you get to this number- 61k merit wasted.  Did you calculate from banned users or is there statistics somewhere available?

I cant agree more, and I think most of us also agree that there is a lot of high ranking members who could not pass Jr or Member status with new system but this is just consequence of the situation in this unique internet place.
You cant blame the new ran requirements since they are necessarily for keeping forum cleaner.

Maybe in the future we will see that high ranking users get some " punishment" for being shit posters as well.

But for now I think that there should be some kind of special badge that would indicate that user is self made rank member .
And I will explain why, not just because they are more worthy the rank because of their unique and quality posts but because it is beneficial for readers. For example,when i see member with odd number of merit, i often click on their posts to find cool content. But if this user has 101, 103 or 105 merits I do not click on his post history even if he had earned all 101 merits not just one . Reader cant tell if the user has earned 101 or 1 merit just by looking at the profile.

I agree, something is off here.
Actually there are several things off.


1) This project allegedly raised 50 million USD but there is no volume on IDEX! And i cant see any explanation for this. There is a lot of volume on la-token but everyone who looks at the trade history can see that it is totally fake!

2) Everyone who are rising concerns about exchanges and volume relative to raised amount, are immediately banned from telegram group.

I hate to be the one to tell you this, but this seems as another shady project.

True, almost every TA was calling for lower prices. It seems that market cant decide what to do right now, but this is totally normal , we had a bubble, right now we got it out of our systems .

Also there is no reason for new breakout and FOMO, not gonna happen this year.

I dont believe so, I think that the primary reason was that doing an ICO in the past allowed one to bypass the painful and very expensive way of doing IPO.

Right now US based ICOs are forced to comply with SEC which states than every token is a security not because investors were not buying "utility"  token although it makes little sense.

Correct me if I am wrong.

UK will be in deep trouble and most of them dont know it yet, almost all of the populists who used their twisted shit brexit promotions to get power ,are long gone and now the people are left hanging.

Regarding the crypto, i can see scenario where crypto become a major player in ther economy. One of the factors fot his to happen is that with brexit SEPA payments are cut off from UK, this means that their money transfers would take a long time as in old days which will HURT their economy and annoy citizens.

I often think of how people get scammed by scams which are obvious ( for me) ,especially telegram and ETH scammers. How they do not get suspicious.

I think that only way to stop this is by raising awareness, otherwise people will not be informed that there are a ton of bad people trying to take advantage of honest working people.

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P.s I often start a long conversation with telegram scammers , playing along for days and saying that i have transferred funds and so on, to just fuck with them.