First of all, welcome to this forum leoandrew. Can I just ask what exactly you want to know about the forum? It's rules? If that is the case refer to this thread made by mprep and go to this thread to learn more about how the rank system in this forum works. If you want to know more about the forum, take time and read some threads in meta section, I think that would help you have better understanding of it's current situation. If you want to learn others, feel free to post it here, others will surely try to give you the answer you need.

Nice arguments you got here considering your rank(gave you a merit for that) but I don't think it is right to compare btc and eth, because they are intended to function in different ways. Eth is made to run smart contracts whereas Bitcoin is only made to settle microtransactions. I also doubt if ETH's transaction speed will remain the same if the volume of daily transaction of btc transfers to ETH temporarily.

They can move the markets by them simply buying and selling altcoins but in bitcoin's case they need FOMOs and FUDs to temporarily control it's price. What @Andrey123 said is right but not all of them are necessarily whales. Those who owns a lot of a certain call, may they be in the list or not can be considered a whale. Some of the well known whales that I know are Roger Ver, Sasha Ivanov(waves' founder), and Vitalik Buterin(ETH's co-founder).

What good points are you referring to? Are you referring to the ones I quoted here:
They might not experience poverty, but society itself will suffer from abundance of negligent people if ever Chris Hughes' desire comes into fruition. Wouldn't it also be unfair for rich people who worked hard for that money?
I agree that resources should come from people who got the most benefit out of the economy's structure but I think they shouldn't provide it for free. With their money, they can open more business to help give jobs to others who needs it.
Rulers of that era and now are different. Economic growth and prosperity by that time came from spoils of war, not mainly from taxes.
Cash would not simply eradicate poverty and stabilize the middle class, it would just make them more negligent and slothful.

You are right in some sense but IMO, sound money is a wealth backed by things with real value, wherein the thing that backs it won't lose value easily in this period and it does not go up and down in price rapidly. You can refer to gold and anything backed by it as a safe money, so long as it doesn't always decrease or increase in value. You can also say the same with other precious metals and anything backed by it(I might be wrong though since this is based purely from my opinion of it).

Wouldn't that get you arrested if you are found out by authorities if it really does happen?(which is very unlikely when you take extreme caution by remaining anonymous even in deepweb)
Then I will simply dump most of it before they finalize the law if ever it really does happen. Although that is the case, why do you think all governments of different countries would take this move, if some of them wants to take advantage of it(and expresses their interests openly like Russia and Japan)? They have different interests and for this reason, I think it is very unlikely for this to happen.

The quote doesn't apply all the time but in this case, I also believe a correction is soon to happen. This is not the move I am looking for, I am waiting for btc price to reach 12,000 $ at least for me to believe that we are in a bullish trend.
Let's see. Either way I don't care because a correction and a pump both sounds good to me(since I can sell when it pumps and buy when it corrects). Even if I don't believe your side, it would be nice to at least see a crazy bullish trend once in a while(If your speculation really does happen).

The first advice I got for you to sell and buy bitcoins conveniently is to look for local exchanges first(exchanges accepting your fiat currency). To do just that, try to search in google "Buy and sell bitcoins in uganda". There should be some search results that will help you do just what you intend to, or there will be some guides that will help you find the best local exchange in your country. If there aren't any good search results, refer to the post above mine.

user: rcaj_nebur08
posted archive
copied from : https://www.quora.com/in/What-does-Bitcoin-hash-rate-mean

Everything has tax, including currencies. When we use them, we are obliged to pay the tax so it is literally the same no matter what. Crypto will still be taxed when it is considered as a currency, and it will also be taxed If considered as an asset. Nevertheless, I think taxing bitcoin will surely be a great help for mass adoption to occur(since it will be known by public when they announce tax regulations of it).

I don't think bitcoin-bills would be that feasible to use. It would be hard to give a change using those bank notes. Besides, wouldn't it be better for us to improve the current bitcoin we have today? I mean we can make paying using crypto easier via wallets generating qr codes and the likes when one clicks receive. The qr codes will execute automatic commands to send a certain amount of btc to a certain wallet every time we scan one(it would be possible to do in the future). I think it would be good when paired to a fast confirmation time.

What needs to happen for crypto to succeed in the real world besides regulation is not a wallet alliance that can stipulate a standard(since that would make btc centralized), but the instantaneous transaction speed that takes 5 minutes at most to get confirmations for it to be usable by merchants and their customers. One way to achieve it IMO is doing transactions using the same wallet(for example coinbase to coinbase) for an almost instant transaction speed.

If possible, I advice you to invest in both for better diversity but if the budget you got will not let you do so, and if you will hold long term, I suggest you to invest it on existing coins with potential. Coins that are already out of the market got the potential to grow more in the future, and the risk involved when buying them is less when compared to the new influx of ICO's(considering it has been stable lately in a low price, and isn't moving at all).

Most of the times, people use it as a mere speculative tool used to earn fiat currencies. They also hold it(specially bitcoin) to earn a hefty sum of money. Nevertheless, some still use it as a currency. They use it to pay for services and goods online, you can see a lot of people doing it in services section or in marketplace section of this forum. In the end, cryptocurrencies are mainly used as a speculative tool but you are free to hold it or to use it.

It is not a mere simple app. It is an app used to connect people, and I think it is just fair and just. Those small companies solving cancer or world hunger are only charitable institutions, and telegram on the other hand is a big company in charge of an app used by some companies to have conversations and disseminate information with their employees and clients as well(which is far more important in improving economy). I think them handling that amount of money is fair and just.

We cannot establish an economic cycle with bitcoin because of it's unpredictable price, but in the future it is possible when bitcoin has been evenly distributed to the public.
No one can deduce a pattern that will be repeated each year, but one can use both technical analysis and fundamental analysis to predict price movements in the future. Instead of wasting time trying to deduce a pattern, why not learn how to do TA's and FA's to take advantage of predicted price movements?

I don't know if this still works, but I have followed this guide way back 2016 when I had the same problem. You won't need to download that 60gb data, but you will need to use bitcoin core wallet and another wallet that you can use to import your private key and recover those bitcoin of yours. Just follow the pictures in that guide if you can't understand the step that needs to be done.

It will just give them more source of tax, and might help improve their economy(a little) but so long as Maduro is the president, that country wouldn't see a massive recovery on their economic status. To the cryptocurrency as a whole, I think this is a good way of exposing it to the public since Venezuelan citizens might want to use crypto to hedge funds temporarily against their own national fiat currency.

As of the moment, we need to have more cryptocurrency for it to evolve and develop.
We won't see the end of unique altcoins for a long time because people's minds are what brings forth innovations and so long as we humans use our brains, there will always be a unique altcoin that might surpass btc. So long as technologies evolve and society develops, we will always see a need for utility tokens that fits certain market or industry.

Why use proxy for telegram app, if Russian and Iranian people can simply use any vpn that they trust and is available for free to access telegram? In my opinion them using a vpn that they trust is more user friendly and more convenient. It is also safer since they are assured that the information they have sent using the vpn would not get leaked to any third parties.