THis is how easy it is to set up crypto payment. You can go from nothing to fully ready to accept payments in minutes. Just create a wallet and then use a QR code payment system that is simply scanned and tada!!
You hardly need any capital at all as well. If you can use it in a market you can use it anywhere. We as supported need to accept crypto if we are in the industry or try get friends to. At our local markets, bitcoin would work really well since it is very often at gaming conventions.

The current Ukrainian president seems to be a supporter of crypto for the country to be a test bed for regulations and gauging interest from the masses before Russia fully adopts it. Or this could be their way of rebuilding Ukraine after a series of devastating economic struggles and social divide between Russian sympathizers and Ukrainian nationalists that happened in the term of Petro Poroshenko. It could be a good strategy for starting a rebuild and inviting foreign players to Ukraine for crypto-related businesses and services, too.

https://blockmanity.com/news/bitcoin/venezuela-to-get-its-first-bitcoin-atm/

It should be installed in Caracas in the next two weeks.

Doing IEO on the top exchange but public response is flat, or IEO on the exchange is not credible or shit exchange but the public is enthusiastic about welcoming it ?

3 years ago, bitcoin gain so much popularity; due to its high price and being more consistent. If you are gonna compare it, Bitcoin is more popular before than today. Thus, it is losing its popularity but still worth it. Right now, bitcoin has value.

I have heard a lot of people having a misconception regarding the fact the inflationary currency are bad for economy because they are based on debt and nothing else to back them. Moreover the currency is losing it's power of the course of time. While Bitcoin will gain it's value over the course of time due to it's limited supply. Infact I have seen this pretty popular picture regarding the comparison between both



So now, let me tell you how inflationary currency works as per the KEYNES THEORY which is the best theory until now to explain the Macroeconomic Structure. I will explain everything in layman language the definitions have a lot of things which I would skip so I don't make things complex Basically everything what we need daily to satisfy our needs constitutes Demand and resources available to fulfill our needs is supply. At Macroeconomic level these are Aggregate Demand and Aggregate Supply.

Now, humans create an aggregate demand in the economy and look for products while the producers capture the demand by creating Aggregate supply. The supply they create leads to sale and exchange of currency happens. now they hold resources/ currency once held by their buyers. Now the producers are themselves consumers too(Business owners are humans). So more will be the demand more will be the earnings for suppliers who would in turn distribute it into the hands of stakeholders who would further create new aggregate demand higher than before because they have new money to spend. This would never stop as demand for goods increases so people tend to buy goods now to be safe from inflation. This New money comes from Government who injects additional supply of money to maintain a level of economic growth and fulfill budgetary deficit.

Now coming to simple things, Producers need more money to do production. This excess money is actually fed by the government into the economy. Now with every increase in supply demand is increasing too but not at that rapid scale because population growth is finite. So this excess printing of money is necessary for economic development as money in economy increases the demand in the economy.

In case of deflationary currency such as Bitcoin, as we are giving our aggregate demand at current price levels. Or in layman terms we are buying at certain price level. Say for example( a completely hypothetical situation), Wheat . You can buy 1kg of wheat for 1 bitcoin today. Now imagine that we grow in our economy and it leads to better production of wheat due to increased efficiency in production. Now we would have more wheat to sell. However, the supply would increase and demand will not because people still have the same 21 million bitcoin in circulation. So now we will have more wheat and the prices would go down and down. But in such case people will begin to hoard money. The will not spend their bitcoin in anticipation of it prices declining tomorrow. This would lead to even more deflation as demand would decrease even further. Thus creating a spiral which we often call the deflationary Spiral. I think this is why thinking bitcoin as a mainstream currency could pose a lot of problems for all of us.

PS: Supply of goods( Aggregate Supply) and supply of money are separate things
  Demand of money and demand of goods( Aggregate Demand) are two separate things

Do you agree or refute?

Is this possible?  Example you lend bitcoin to something similar to like a bank and they give you interest on it?  Like how now they give you 2% interest?


I heard binance is doing something similar like that but it was like 10%? 

I think if they launched such a system which is in second place after bitcoin, and the second version will run without difficulty. there are always problems with the development of something new, I think everything will be solved soon

The government has always been against anything that opposes them or they don't have control over. That have been their number one problem with Bitcoin as BTC seeks to put power back in the hands of the people thanks to its decentralized nature. What's more? In a decade alone, Bitcoin has made significant progress in terms of adoption with hundreds if not thousands of people joining every month. Not to mention lotta retail stores currently accept bitcoin as a means of payment. We even have bitcoin ATMs across several countries.

No matter what they do, They can't stop the decentralization movement!

Simple. Store your BTC in cold storage such as Paper wallet, Trezor or Ledger then stop visiting the crypto website. In my case. I left my trezor to my relative's house which they didn't know what really it is so that I don't have access to it whenever I'm tempted to trade or sell some. Right now I'm focused on buying BTC using my salary in my job and directly store in my cold storage. Wish me luck that my wallet is in good condition/safe or else I will be fck up my life savings.

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Just buy and forget everything.

This is how i keep my private keys safe since i can't afford to buy a hardware wallet.
1. A complete new harddisk
I bought a new harddisk and install window 7 on it and copy all my private keys in there, i don't bother to leave this harddisk in the pc, after the copy is completed i remove the harddisk and keep it.

2.My Recording book
I have a long hard shelled book that i use for keeping records of all the airdrops and bounties i promoted because sometimes i used to forget easily so i write down my recovery seeds in this book as well

3. Flash Drive
I have a good 8gig flash drive as well that i use to copy software and files from one pc to another so i format this flash drive and copy my private keys and recovery seeds in it.

At first no one knew i am into crypto stuffs and secondly i don't share my room with anyone cos i am living alone, those who have people around them with face problems like friends going behind your back checking through your stuffs or even stealing your things, hardware wallet is still the best though.

Millennial have the habit of taking risks. Bitcoin provides them with the opportunity of big rewards which comes with big risks which is interesting for them. This doesn't mean that they are screwed. But little and no patience that this generation has is the cause of concern. People don't try to stick to one thing. They want to experiment as they get bored of things easily. You must have heared that many people sold their houses and cars during the ATH of 2017-2018 to buy more bitcoins and after they got screwed, they left cryptos forever. So yeah, in a way this generation is known for taking rash and quick decisions.

No one knows on what bitcoin isn't still being replaced yet in spite on being outclassed by most updated or good featured altcoins in the market currently.

But we can already presume that Bitcoin is king of crypto that's why its being mainly supported by the masses in spite of its scability issues.

I think the countries there are not enough to use Bitcoin as a major currency. I know that their country is struggling but making money on the Crypto market is a very difficult thing. Because if the investors do not have much money, they will become whale prey. it's true.

I think the point of contention for some is that Binance was founded in China by CZ but due to the regulatory pressures, moved to Japan and then again due to FSB hard line stances against exchange (they have laid down their own regulations) Binance then suddenly moved to Malta wherein they are welcome because the country is really attractive back then and still is at this point.

So for some this is a bitch moved by Binance (moving from one country to another to get away) and this is the main reason why many are surprised by CZ decision to open up a P2P trading recently in China, just saying.

There are many reasons that make developers put their coins / tokens on shit exchange, for investors to be calm because they have entered the market even though it is shit or small exchange. It could be that the exchange itself included it without first asking the developer for permission.
Or it could be that developers are getting frustrated by market conditions but continue to be urged by investors to immediately put them in exchange.

Yes, My idea is you have to be more patiently,
It makes you tired because of your mind on 2 BTC every day, so don't think it, get a job to find money and learning something new.
https://zenhabits.net/15-tips-for-becoming-as-patient-as-job/

Many people say that BTC has grown in adoption and use. But I think despite of this fact the popularity of bitcoin is going downwards. Here is a very interesting graphic I found which shows the number of posts with #Bitcoin on Twitter I think the graph is pretty identical with the price graph.



However I personally think there are two reasons behind the boom which came during the bull run.
1. Bounties & Bounty Hunters: During the Bull run bounty hunting was at its peak and all the bounty hunters participated heavily in twitter campaigns. Most of the tweets had some basic condition to add a few hashtags related to cryptocurrency I think that was the reason why the graph looks so tall during the bull run.

2. Trading Mentors & Media: A lot of hype was also created by all types of media around the world when they continuously posted around regarding bitcoin and how it went to moon. Moreover even every damn trader became a trade mentor because every coin was going up people gave calls blindly and became trading mentor. These mentors were giving calls on daily basis with these usual hashtags relating to bitcoin.

These can be the two reasons why chart shows such a long tower in December 2017.