You have a point out there. In 2013 also they tried the same trick. But if I remember correctly, it wasn't very successful back then. Two months after the Chinese FUD, the Mt Gox exchange collapsed. And the exchange rates nosedived to record lows. So whoever purchased coins at cheap rates after the Chinese FUD in December 2013, actually lost their investment.

The big difference is that a lot of the institutional investors are jumping in to the scene. Also the demand from China and South Korea have resulted in altcoins such as Ethereum and Ripple zooming to record highs. My guess is that the prices will continue to climb, in the near future. The market cap can hit $1 trillion by 2018 end or 2019.

Right now, I am accepting the salary for my regular job in the form of fiat cash (Indian Rupee), and I want to continue with that system. If I accept the salary in the form of Bitcoins, then I will face trouble when I try to make the payment for rent and utility bills. Also, tax returns is another major issue. How can I show the income in BTC?

The only thing that is bothering me is that after mid-July, the prices have increased by close to 200%. And yet, there has been no major correction. This can be due to two reasons. First, the demand may be too strong, that any excess coin in the market is quickly mopped up by the buyers. Second, may be that the next correction could be a big one, in which 50% to 80% of the total value may be wiped out. If the second one happens, then may god save the BTC users.

There is no need to blame China. Most of the exchanges are still operating there, and so far the ban has affected just the ICOs. Anyway, why we should care about the ICOs? Even the SEC had issued a statement against them. But it will be difficult to see in the future a scenario where Bitcoin is legalized in China. That country was about to ban Facebook and Twitter. And you expect them to legalize Bitcoin?

I agree with this 101%, but the problem is that if we do so then the human rights groups will go ballistic about it. They want luxuries such as Xbox games, pole dancers, and sauna in the prisons. Certain prisons in Norway and Sweden have already put this idea in to practice. The prisons there look more like 5-star hotels. Here is an example:

http://content.time.com/time/photogallery/0,29307,1989083,00.html

https://www.youtube.com/watch?v=GcR-N-PZ2mo

I also agree with your views. Exterminating the entire population of North Korea is not a very positive step. But then, assassinating Kim Jong Un is also not a very practical idea. Even if they somehow succeeds in assassinating Kim Jong Un, there is no guarantee that someone saner will replace him. In all probability, the next ruler will also be someone from his own family.

These are brainwashed people, who believe that they will go to heaven if they exterminate someone who is not ready to believe in their god. And this is applicable not only to the Muslims, but to the Christians as well. For example, some of my Christian friends have told me that if I convert to their religion, then I will go to heaven. If not, I will be sent to hell.

He has got a lot of criticism for his heavy handed tactics, but my personal opinion is that he is doing the right thing. The "soft" approach to the drugs may work in the European Union and the other developed nations such as Canada and Australia. But in a country like Philippines, where the people are not ready to obey law, there is no point in wasting the time and effort in such type of activities.

Air defense system with just 40% accuracy? That means that of the North Koreans are launching some 100 nukes, then at least 60 of them will hit the targets. And this can result in the deaths of many tens of millions of people. Now I know the reason why the Americans are not invading North Korea, despite all these nuclear and missile tests by the fat boy.

The difference between Islam and Christianity is the fact that Islamic holy book encourages its followers to kill the non-believers, while the Bible (the Christian holy book) ask its followers to be tolerant towards the non-Christians. I am not saying that the current bunch of Christians are very tolerant (at least in India, they are not). But their intolerance is a result of their personal views, rather than the Christian faith.

It has already reached a stage where nothing can be done to prevent it. And the biggest joke is that despite all this, countries such as India and China continue to burn coal to generate electricity. Thermal power plants and deforestation are the most important reasons for the global temperature rise. We immediately need to close down the thermal power plants.

But how can you say that the exchange rates of Bitcoin will go up forever? There is also a chance that it can decline to below $1,000. Do you remember what happened during 2014-2016? The exchange rates dived by more than 85%, declining from $1,230 per coin to just above $200 per coin. And trust me, it can happen again in the future.

This time, the FUD didn't had much impact. The decline was around 10%, which was much more moderate when compared to the declines of up to 30% when this happened for the first time in 2013. Anyway we'll be better off with less influence from the Chinese. These people want to manipulate the exchange rates, just like they manipulate the CNY.

^^^ So you are suggesting the complete extermination of the North Korean people? All 25,000,000 of them? That will constitute a crime against humanity and Trump may be tried at the International Criminal Court. And another thing is that it is not possible to exterminate 25 million people in 72 hours. It takes many months. Even if they use the nukes, at least 20% to 25% of the population is going to survive.

And at the same time, the stupid Americans are sanctioning the Kaspersky Labs, which has identified 90% of such viruses. The trump administration seems to be running scared of Kasper, after it emerged that the company successfully identified and removed many of the spyware programs designed by the FBI. Also, the American anti-virus companies are losing their market share to Kasper.

It is possible to do that in Indonesia. But the problem in the United States, apart from the very high minimum wage is the abundance of regulations and the bureaucracy and intervention from the employee unions. On top of that, the taxes are also high in the United States, when compared to China or Indonesia. And it is not going to change in the near future.

If they stay in their countries, then I don't have a problem with them, although the minorities in these nations are treated even worse than animals. But the problem starts when they start immigrating to the western nations. They never try to acculturate in to the western culture. On the other hand, they demand special privileges such as the implementation of the Sharia law.

Even if they work for only 4 hours a day, I don't see the need to help the poor. They are already paying the taxes (both direct and indirect ones) and giving employment to a lot of the poor people. The so called "poor" on the other hand, never try anything to improve their skill set, and in most of the cases they are dependent on the government handouts.

The problem is that most of the individuals are not ready to take initiatives and responsibilities. Also they would be ready to blame someone else, if a decision fails. Another thing is that people are ready to take advantage of the loopholes and gaps in the law, or even if the law implementation is lax. In such cases, we need a strong leader to make these people obey law.