And some people misinformed thought facebook ban cryptocurrency, have seen a thread discuss about it. Yes, it's a good thing as too many ads lead to scam or fraudulent sites, even if the website is clearly a copycat. There should be a system developed to check whether it's really a legit product/service to be advertised, even report a fraudulent website to google takes a long time for them to close the ads. But, it's a good thing to ban ICO ads as most ICO are unpredictable and ended with a mass loss.

There is no such 'best cloud mining'
Mining becomes a hard thing without proper planning and sufficient funds to start.
Cloud mining offers an easy way to earn bitcoin without doing anything but there are a lot of problems regarding its service
but the most important thing is transparency due too many complain about the payment, delayed, reduced, difficulty, etc.
which mean, do not invest in cloud mining if you are not ready to lose your money, better to buy some hardware and mine cryptocurrencies by yourself.

Indeed, it's easier to transact using fiat currency instead of using cryptocurrency, there is no record of the transaction between two people who transact using fiat currency (completely anonymous) unless you transact using the bank system. And the most important thing is, fiat currency is backed by the government, hence the value remains constant even though the value decreases over time due to inflation, but cryptocurrency fluctuates a lot which can cause a huge loss if the price suddenly crashes and fall through the floor.

You are on the right path, most coins are on the discount time right now, but it will recover after some point even though it takes weeks or months to reach new ATH. I don't interested in onion products, but let consider bitcoin as the benchmark for altcoins as the market reacts based on bitcoin price. If bitcoin gains more value in February or March, altcoins will follow to increase as well. it doesn't matter as you are "hodl type guy". Just keep buying at cheaper price and hold for a long-term, it will profitable in the end of the day obviously.

"Samsung edges in on Bitmain",  a good thing as Bitmain become the only market makers for ASICs hardware and they can mark-up the price at their will due to the big demand. I'm wondering whether the ASIC miners will be sold to the public or it just private-sell to "Chinese partnership?
a better ASIC means; it can generate bigger hashrate but sold at a cheaper price or at least it has the same price as Bitmain's ASIC.

Everything that suddenly pumped significantly in a short time is a bubble, including bitcoin when it reached $20,000 and then pops up to $11,000. Look at the current price at $10K, barely can't pass the $12K wall. Hence, it's better if bitcoin price increases slowly but steady. But, it won't be achieved without usability appeal of bitcoin, as soon as core developers and miners agreed to implement another scale solution such as the lightning network or Schnorr signatures, hopefully, the transaction fees will be decline and no longer takes a long time to be confirmed.

I have talked with my friend that has invested in genesis mining, he said it's profitable as he has enough hashrate to generate bitcoin.
if you want to share your experience, you may provide more information about how much hashrate that you have?
as it's not worth to purchase a little hashrate from cloud mining, it will take a long time to generate bitcoin due to difficulty obviously.
if you have 15,000 GH/s, it can generate BTC0.04346997 monthly or equal to $500, minus maintenance fees.
What about other cloud mining? I don't recommend any of them, but do your own research about a cloud mining site before sending your money to them.
if the electricity cost in your city isn't so expensive, less than $0.13/kwh, you can try to mine by yourself, just buy some GPUs or some ASICs, it's more reliable and profitable than cloud mining.

Indeed, the biggest problem with cloud mining whether they are really honest regarding all the things that going on in their mining facility.
In this case, let's take a look at Ice Rock Mining cloud mining, it fits perfectly with what you have mentioned.
I'm one of the investors on ICO 1 that last from September 25th - October 1st, 2017 and have promised their investor will get bitcoin mining contract on December 20th, 2017. But, there are many investors that didn't get bitcoin mining contract until today because they just bought 20 S9. So, IRM devs have promised (again) for investors will get bitcoin mining contract in March. The problem is; IRM devs are running 2nd ICO, create a new system (site) for 2nd wave of investors but there is no any site where first investors can register to see the hashrate, even they send eth and ltc payments manually which they have promised to create a site for automatic payment system on December 20th, 2017.

It's not just Poloniex, most of global exchange facing the same problem with too many new customers which cause too many tickets submitted everyday.
Sent them some tickets over and over again won't help but makes things worse imo, as the tickets become increasingly bloated.
Nothing that you can do about it but try to contact their support through social media (twitter, facebook, etc) and wait for the answer.

People can buy stuff using bitcoin since a few years ago, even right now you can use it to buy some goods even buy a house, just hire a lawyer to make it happen.
in fact, people in Japan can buy almost anything using bitcoin, pay electricity, a ticket for airplane, for food, etc.


Bitcoin won't replacing USD, the US government has stated bitcoin as a commodity, not a currency even though it can be used to buy something.
But, the government can prohibit bitcoin to be used as a currency just like happened in many countries.

Look at ripple volume in the market, it's huge, that's why it becomes top 10 coins on coinmarketcap but the problem comes with it. People hold too many ripples and ready to dump it at a higher price, as happened before. Every coin that pumped significantly in short time will be corrected obviously. If you aware of how ripple being used in banks environment, it will be clear that ripple always gain more value in the early of the year because that is the time for banks to move their funds.

There's no guarantee of such thing because some people hold too many bitcoin in their pocket, which they have bought it at cheaper price. If they decide to sell, surely will affect the price moreover at higher price.
In short, bitcoin volatility will never end, unless bitcoin spread widely without no one hold more than BTC1, which mean no one can manipulate the market.

It's not trick for withdrawing, you are misleading the information about it.
You may have to move this thread to the Trading discussion as this trick is a common thing to do for traders.
and it can be classified as arbitrage trading, using 2 exchanges and 2 different coins to get more profits.
Another advice; you may want to learn how to write an article in the proper way with the correct grammar.

In that case, refers to the part of 'gamble' as the title mentioned; Bitcoin investing is a gamble.
Especially for layman or newbies that have planned to invest in bitcoin, I clearly mentioned the advantage if people invest in Bitcoin as the price increase over time.
But, there will always "correction" which causes bitcoin price to plummet such as happened before, from $20,000 to $9200.
For people who have invested at $2K, it's a great loss and the fact is; we don't know when bitcoin price will recover, whether it takes 2 months or 5 months.
How if they can't wait until bitcoin recover to $20K as they really need cash for something? That's why it's a good thing to note; do not put money that you are not willing to lose.

Yeah, it started since a few days ago, I've been waiting over a month for my transaction to get confirmed, and finally, it did. I have paid a very low fee in December 2017, it still confirmed though.
After the check, find this: The fastest and cheapest transaction fee is currently 190 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 42,940 satoshis.
https://bitcoinfees.earn.com/
190 says/byte is pretty good for me, well it's time to send bitcoin to exchange before the fees increase again.

Bitcoin growing over 1000% in the last year, no wonder why many people even some big investors called it as a bubble because it reached $20,000 and corrected to $9200 a few weeks ago.
If people want to invest in bitcoin or cryptocurrency, they must aware of the risk such as if bitcoin corrected again, the value decrease as much 50% isn't small number obviously. Like people always mention; do not put all eggs in a basket and do not put money that you are not willing to lose. But, in general, bitcoin always recover and reach a new ATH, it's a good reason for long-term holders.

Most people may say: do not invest on cloud mining, most are scams or ponzi scheme, or it's not profitable as the difficulty increases over time and there are a lot of costs for maintenance, electricity or pay fees for bitcoin transactions.
That's true, that's why you should be careful about choosing the company which offers cloud mining, so far there are few trusted cloud mining such as hashflare and genesis mining, I won't recommend to invest on both if you don't know the risk of investment. Just put some money that you are willing to lose, but according to people who have invested on both, yes it does pay contract holders.
May I ask; which cloud mining that you have invested? as you said the contracts are only for a few months.

Op ask about bitcoin effect on the economic system, it's more complex than just your economic condition.
Bitcoin may help some people to earn more as the price rate is higher compared with any other currency, as long as you can earn bitcoin, it's a good way for additional income. But the fact is; most countries do not have a regulation regarding cryptocurrency and some countries have started to learn about bitcoin in order to issue a regulation about it such as happened in South Korea.

One thing for sure, crypto-community become bigger over time and billions of dollars involve in cryptocurrency every day, exchanges may become another gold mine for a country to tax everyone who involved in cryptocurrency for their capital gains.

Not what I've expected, but we will find out about it on January 30th then.
I' have not read about the Alpha project, What is the difference between Alpha and Beta version of Lunyr? Seems like there are a lot of new features developed for Open Beta.
I'm curious about Lunyr API which will allow developers to use the knowledge base as a backbone to create next-generation decentralized applications in Artificial Intelligence, Virtual Reality, Augmented Reality, and more. Developers here refers to Lunyr team or can others participate to develop the apps? as people can contribute to creating a content.

Not sure if bitcoin can decline to $8000 again, we will find out about it by the end of this month as bitcoin futures contract will be expired on January 26th.
We have seen bitcoin corrected to $9,200 a few days ago after CBOE's futures expired, so the same thing may be repeated this time as well.
Consider it as a good time to buy bitcoin, we will entering the second-phase of discount time, I expect most coins will be in bloodbath again following bitcoin fall down to the floor.