Bounty hunting seems to be a good source of altcoins. The only problem is that when new coins are out it doesn't actually get so much support and for this very reason the prices will go down and the coins that you have will become useless but if lucky enough such that the coin will have a successful acceptance and good market, you will certainly be rich in qn instant. This is what happens to most of my friends before in 2017.

Since we are in the world of cryptocurrency, I would suggest to invest in any cryptocurrency but with focus on coins that are already known like bitcoin and pair it with an online business as you may, for example online product sales with bitcoin as payments. Other interesting investments could be a local store that accepts digital currency payments as well.

If he said so, then maybe he has knowledge about satoshi. But I think even if he would reveal the real satoshi and satoshi would still not claim that he is then the real identity will still be left hanging. It would end up still in a debate of whoever is satoshi. Mcafee maybe credible  enough but the satoshi will always have the final say.

Perhaps there is a chance that money will be gone as it needs trees for the paper that is probably if the world is deforested of trees. Cryptocurrency or digital money might rise to replace it. But think of these, it wil not be because bitcoin or any other altcoins have replaced it, there is little chance that a decentralized system will be under the governments rule. People who want to be anonymous would opppose it. The possibility could be that the digital money at that time will be the value that the paper money holds and it will be regulated. The government is always monitoring movements of money as it may affect the national economy. So for this reason there might be a new cryptocurrency to represent physical money. And it might not be just ten years from now. Maybe far into the future.

Effects to cryptocurrency values would be less. So far I have not seen any country that have the same problem as they do have. So to cause the global cryptoeconomy to be affected, countries that holds most of the digital coin must be affected first or there should be a global economic problem that should hit every country which nobody would want it to happen. Today there are so many efforts made to show how power can be used can be made with renewable energy resources. So electrical problems might nit be that big in the future.

You are correct about it. We really need to know the coin we are holding. Through up and down we must stay calm to hold it no matter what. But understand it also why people would trade their coins if they think they might be losing. They are only playing safe. No matter how much trust we put into any coin, we still can't determine possible outcome. The market is always unpredictable and because people don't see what could happen next, they would rather decide following what is currently happening than expect for something they are not sure of. It is a natural reaction that sometimes could end up good and sometimes bad. Experience and knowledge could play a very good part in deciding well.

Yes I do think it can, because actually it did help a few people whom I have known to have become rich during those times when cryptocurrency was still doing very good reaching the all-time high price. But that was short-lived, now the time had changed and probably it will never be the same again. So it would not be as easy though the potential is there. Maybe we need to do more than just think of quick method of getting rich.

It always happen to people that are too proud of themselves and their intelligence. The result is that they eat what they spit. But anyway it is good for the community since this would give a boost at people's minds to keep believing in cryptocurrency and on what it could potentially do in the future. If China could see the possibility of cryptocurrency for establishing better opportunities especially in the field of business, it is for certain that they will be one of the biggest users of cryptocurrency in the future. They are known to be good traders even during the ancient times.

It could be part of their laws or whatsoever reasons that they should be asking for KYC. But I do feel the same as you are given that the bounty to receive is so small to risk your personal data. Maybe it is good that it should be given or posted before the campaign starts, so as to decide whether to risk going through the process or not.

It is always hard to replace the physical money that we have with a digital coin, so in connection it would be so hard to replace or beat the banking system with the use of cryptocurrency. Banks are regulated by the government and every financial institutions to make the economy stable and when necessary controls it to avoid affecting the national economy. Cryptocurrency is decentralized and unregulated that depends on the volume of usage thus it becomes volatile. Nobody wants to loose investments due to volatility therefore people would move out back to money if they feel they might be losing. So this makes it really hard to replace money and in the same way hard to beat banks because cryptocurrency cannot store money just like banks do. Maybe in the future if all will be stable for cryptocurrency.

Greed isn't something you can easily remove from a person. Money is a really good driving factor to want more. And it's money the easy way. Because of this thinking and as shown to be the experience of those who have been lucky enough, a person will be tempted to want more. Unfortunately not all will be able to take the price they wanted. So it is more like a race of who sells first when the price pumps up. This I would not agree because it does not actually make any altcoin better. What makes it better is when you would use it to pay for something or use it for the utility it was designed for to allow an altcoin to increase in value naturally.

I think it is, but I don't think it will repeat just the same. The number of usage or bitcoin holder transactions is more than what was once before, so I think changes that could happen will not be the same. Consider looking at the graphs of transactions made in this graph below. This could suggest that even when the price was low, the people's usage was increasing and was not even decreasing with the price. This could only suggest the big difference should there be an all-time-high same as the year 2017. Refer to link.

https://bitinfocharts.com/comparison/bitcoin-transactions.html

I would assume that you are talking about business and specifically cryptocurrency. I believe you are correct as the word "Risk-Taking" or "Risk-takers" are often seen on books about business and this is one good quality of an entrepreneur. If you don't risk you will never knew if you would fail or not. There are times though not absolutely true, that you will gain the best advantage of risking something than not. It is a choice or a decision that must also be paired with the possibilities and good research. Though it is true that risk taking is a good quality of an entrepreneur, it does not actually mean that loosely. consider that you also have to investigate on things.

Well it is very simple to really see why projects are introduced everyday. It is because they, the developer or the team sees that there is a great opportunity for earning money in an ICO. So these people are trying their luck, not thinking that there are too many that are as well planning the same idea as they do. Money is a great driving factor and everyone wanted to get rich easily. So that their exist a competition between all new ICOs. This divides the existing investors making them all a competitor even when the project is not even the same in terms of product or service. This makes it difficult which results in failure of the project.

Your point is good and it is true indeed that people who do believe on it will become rich but be very careful not to forget that such case of holding the coins and selling it when the price is high is not the solution to having a good market. Utility gives it life not just holding. Not all of those who believe will earn at the same time given that without real utility, it will become a race of whoever gets to sell first. This is what happen to the previous all time high and it should not repeat again in the history of bitcoin.

We cannot actually expect success in any of the new ICO due to several problems faced by a lot of them. First their too many competition on their part, there are less investors to gather around because there are so many new projects that we thought was good. Second the market had been in its worst since dropping prices had been so common with the bearish trends. Third so many ICO had turned out to be just a scam which makes their possible investors fear that they might be scammed as well and so the market goes low. Because of these people are moving away and ICOs left uncertain but there are those that have made themselves big. It is actually up to how the team have manage to promote their ICO. If these people are really scammers they should be taught a lesson. Legal actions should be done to them.

Learn from mistakes, that is as simple as that. Being afraid is good as it sets a limitation between boundaries that you should have to do and what should not be done. Being fearless would be meaningless in the end because, as you have said cryptocurrency is complex and sometimes funny, we might be standing on the wrong side. We would end up so funny fighting for something which could actually be just a loosing end. I am not suggesting to oppose such idea, but I would want to make it clear that a person will become experienced when he or she commits mistakes and learn from it. A strong hand doesn't have to be always. If you know that you are fighting for nothing then a strong hand isn't actually needed. It is the right time where you could forcefully apply everything that you have. We cannot do it without learning from mistakes and I would very much agree on this point. Except that balance sometimes should always exist.

Not to disappoint you but thieves are always anywhere. Because they just don't care about how others feel. They might have an upgrade for themselves. We might just call them "Cryptothief". If you have learned already there are so many hackers that does these things anonymously. The old world thief could harm us physically and put our lives in danger, but those hackers saves both, as they don't have to go anywhere to rob somebody physically. They would only need a computer and a victim that doesn't even know what security measures to take to avoid getting hacked. Not to be so negative, I think on the other hand these upgrades to virtual or digital currency is better since you can do transactions easily and get them paid in an instant. The payment could go directly to where should use it. For me the whole system is good but I do think that there will be so many changes to happen before anything and all can be converted into the digital world. There is always this great concern about regulation. This I don't know if it will be made just loosely possible without it, since money is always regulated by each of the government.

It would be a good news as people are now starting to believe that bitcoin could really be used as a currency. The constant usage makes it stable enough to be used daily in anything we do. People will at least be encouraged in using it with establishments or shops are adding it as part of currency in a way which will be viewed as a positive promotion. I just hope this continues to do so in the future. Thanks for the info anyway!

Any of the following will do good if chosen wisely. Most of the time, it is our lack of understanding or research about the project makes us unable to see future failure of the project. The success as an investor starts from knowing when to decide to invest and when it is not good. I am just one of these who invested and lost and later I learned not all projects will do good not because they are a badly planned project but because there is too much competition in the market that blocks most from reaching the top.