Thats very surprising to me. I always find it strange when countries that could do with a capital infused in to their system straight up reject cryptocurrency. I can only imagine it is pressure from central banks or plain ignorance. One of the two

Yes it seems to be true. Initially I didn't believe it just because Ive never been that big of a fan of verge but you have to give it up for them. In a crypto world with little use cases for crypto this will for sure do allot to increase awareness. Porn gave always been at the forefront of innovation. Lust is a very strong emotion

I think to have potentially a totally decentralised store of value outside of the current institutional system is a huge opportunity. A store of value that not even world governments can hack. This is potentially huge. I think a decentralised crypto of some sorts will also be huge in a cashless society. It might not be coming any time soon but its coming

I think we will see more of these types of infrastructural problems in future but I suppose they are inevitable. There is no correct way to do things in this space, standards are still being sussed out I think. Teething problems thats all. Not that it makes it any better for you, I hope you didn't loose any crypto

Go have a look at GDAXS framework for judging a crypto. In fact here is the link

https://www.gdax.com/static/digital-asset-framework-2017-11.pdf

read this and make sure any ico you are interested in ticks all of these boxes and your risk will be reduced substantially

in America specifically its a right mess

SEC class crypto as a security
FinCen class crypto as a currency
CFTC (commodity futures trading commission) class it as a commodity
IRS class it as a property

Some of these can overlap yes, but not all

Wait 4 years before you go spend you bitcoin, that would be my advice. You may end up like the guy who spent 10000 btc on a pizza and we all know how heart wrenching that'd be!

I don't think it can cure cancer and all that. I do think it can have massive benefits for people in terms of lowering stress levels which I suppose is directly linked to disease so I don't know, maybe it does actually help heal disease

I'm any emerging market that has yet to be regulated I think it's inevitable these scams pop up I think it's about the transition into a mature market that needs to be the focus. By doing that better regulation will enter and there will be some sort of oversight of the market keeping scammers in check. But yes it does all boil down to greed. There is no other reason to take that risk

It's KYC anti money laundering and anti financing of terrorism laws that make it mandatory. Yes it's annoying but it's needed to stop scams in my opinion.

in terms of crypto I would say yes. Outside of our bubble, vechain is currently more valuable than Fedex I was reading. That is pretty crazy

lol I hope people don't get over excited. Dollar cost average your way back in if you feel confident we have hit the bottom

Blockchain separate from a cryptocurrency is just a glorified database spreadsheet

im not too sure how much of an impact these add bans will have. Maybe the lower quality ICO's and outright scams will find it more difficult to attract attention

This is a very sensitive subject and having never suffered from these types of thoughts my opinion is probably only partially valid. But I do think there is something to be said for finding a purpose. A hobbie, a skill.

Bitcoin is a true supply demand priced item due to its finite amount. So the price will always depend on its demand which sounds obvious but this isn't true for all priced items. I think we are waiting for clarity on regulation. By we and don't mean me or you the ''we'' that are waiting are the real big players waiting to get in. The players that need clear rules and regulations to engage in the space and its these people/corporations that will drive the price to new highs

The internet has freed yet enslaved. Cryptocurrency has the potential to do the same. I think the danger no is that the technology we have has untold consequences

I think LTC is very similar to bitcoin. It's basically an early fork and uses the same code.

Sometimes it's better to rip the plaster off quickly and just deal with the pain. That's how I feel at the moment regarding the situation in cryptocurrency. All of this back and forth coming to no conclusions is detrimental to cryptocurrency. I think we should get it over and done with. Obviously I know it isn't a case of just implementing it but I just don't see any real progress on the regulation front, just allot of conflicting opinions

I can't see how bitcoin can ever become decentralised. It's the whole 51% thing. You would need to hack the whole blockchain from the genesis block to overtake bitcoin. That or bribery. Regulations however I suppose could ban any exchanges but peer to peer cryptocurrency trading is almost impossible to fully stop