We know that bitcoin and ethereum are two different coins. Which could result in different demands though it maybe relatively the same due to peoples having invested on both and treating the entire cryptocurrency as one. So if one person thinks the cryptocurrency market is going down, it is possible that the person might withdraw all of his investments to avoid loses thus affecting both or perhaps all of his coin's volume of usage and price as a result. With something going down other people will do the same creating a chain reaction. But in case when the other coin didn't change enough while the other goes up or down, it could be a sign that investors  did not have much activity or demands on that coin and are probably just playing safe. We know ethereum really have dropped so much, so this really can be expected for now.

In my opinion you really had a good idea. But I am also wondering if the big whales would expose their identities and let others know who they are. I certainly think not. In as much as we would like to get anonymous, the more they will be to protect themselves. If required I think they would be making aliases to hide themselves from the public eye. And because it cryptocurrency is business, they would be the VIPs who are treated and given more advantage than regular or small investors.

When people saw the opportunities bitcoin could offer they suddenly jump in to it. A sudden interest brought about a very fast rise on its value until people suddenly realize it was going no where but down again. Yet hope still comes in to get bitcoin up a little and then goes down again until now. When it sits on the real bottom for now it is still awaiting changes and hopes of an all time high again could be expected. So I think this year could be a very decisive one. May be the next year could be clear enough and we will know where we will be heading.

There are few videos on youtube.com and other educational sites about economics. I think videos could create shortcuts to learning the whole book since we only have to listen and understand the ideas. Sometimes our interpretation of the thing we read could lead to so much confusion and wrong thoughts could have probably lead you to some more vague ideas. So it is best to scan videos on the internet then go back to books for more information. The references and the basic ideas presented will help you more in really reading the book accurately. By the way if you really need books, try typing "intro to economics" just add pdf or ppt extension for searching("intro economics .pdf" or intro to economics.ppt"), there you will read more basic ideas and then advance to more deep topics on economics by typing "advanced economics" on your search bar with the same extension as well.

I think banks saw the possibilities of blockchain being used worldwide in the future. Not only because everything can be interconnected easily and transactions will be done very fast. It will also help banks create a bigger scope and almost a borderless list of possible clients. Banks using blockchain if not affected by laws in each country could extend without limit which means more income can be gathered or generated.

Probably I guess the jobs could be more computer related and the use of blockchain could open a lot of services that is done through phone or any online computer. It could also open more opportunities for jobs related to delivery of products from one point to another or perhaps internationally regardless of boundaries or nations. There were several ICOs that focuses on health and medicine, others on garments or textiles, some on cars and almost everything is done through the use of computer online. If everything will be a success then the online services could be a big hit anywhere. Will blockchain help create job opportunities? Certainly it will in the future.

I am bitcoin lover though we are almost the same in terms of knowledge I guess that is why when I have invested on it, I did actually fail. I didn't have much knowledge that  I thought you are just going to set down and relax and wait for your money to go up. On some occassions I left the bitcoin movements uncheck for sometime. And then with a sudden drop in value I lost almost 75% of my investments. It was a bit untimely when I decided to hold bitcoin. Later I realized the mistakes I did. And true as you say bitcoin is almost a big bubble. Yet what I learned was that I myself and those people who thinks simply about earning may have caused the bubble. It should be the case. Bitcoin was not intended to used that way to earn profit. It must be used regularly like a payment system in businesses to make it stable. In reality it isn't actually a bubble. If only people would use it wisely and when people would know how to use it in our daily activities. Too many are just holding it when prices goes low or and trading when high which results in a sudden drop of values thus creating the volatility. If only people would use it as a digital currency it is possible that bitcoin could go higher than the last all-time-high. So is it really worth investing? I would say yes but use it wisely like payments in a store you might want to establish or a payment for products you might want to sell online. You also need a plan because bitcoin is business. In this manner you can atleast help the entire bitcoin community.

Good day! I have not really experienced this one but I have a friend that had formatted his 2FA verification code when the program was erased totally by his son and he was unable to really get to open the code. So what he did was that he sent an email to the admin of the site and ask if he can retrieved his account and luckily they replied and have his account set. Although there where requirements asked to confirm his identity. I think HITBTC has the same stand on this. Try contacting their site admin for your problem. I think they would as well allow retrieval of account or password reset.

It is a gamble really to choose between selling or investing. If you really wanted to cut loses because you are not so sure about the outcome and prefer to sell that would be fine but if you really wanted to gamble your chances you must consider that the money you have invested is not so important to you. It takes a lot of courage to settle down to a choice you are never certain of but most surprises came out from believing on things which seems impossible.

KYC is good for determining who are your customers or users of your digital coin. But for the person who signs the KYC, it is something because personal information can be stolen so easily and may be used for something else that might not be good for him. Identity thief is a common problem in some areas or localities today.

There are so many reasons for people refusing to accept bitcoin. One of these reasons is the lack of support from their government. Instead of allowing bitcoin some countries really banned it. Other reason could be the volatility of bitcoin, which makes it not so useful for storing money especially if prices keeps getting lower in value. These are things I have observed as a very common reason. But should people use bitcoin everyday for a specific purpose I think the volatility of the coins can be eradicated as much and it will become stable.

Both had disadvantages and advantages. We know there are so many projects that failed to list on an exchange due to low market or demands for the coin and buying before it during ICO could be a real gamble. Scams are every where also and you might just be caught like a fish in the net. On the other hand if the ICO succeeds, then you have the best opportunities being received from bonuses. On my part though I am just new to cryptocurrency, What I have often heard and seen on post on ICO telegrams is that a lot of people had been so eager to buy and support ICO before really listing it on an exchange. There are good responses from so many investors. You can see post with good comments and pictures with rockets tagged with " to the moon" and yet after sometime when it is listed on an exchange, so many comments then reads negatively, sometimes cursing the admins of the ICO telegrams due to sudden dumps of prices. Dumping is a common thing after it has been listed on an exchange and sometimes the blame goes to the bounty hunters. Whether true or not the point is this, most ICO experiences a lot of problem with the dumping of prices after it has been listed on an exchange and this is in my opinion a natural response from the investors who seemed to be worried about their money when prices dumps lower than the ICO value and when they see that the ICO projects seems to have not almost reached their softcaps.

There are good points you have presented but these are not the things that may be considered to affect bitcoin value. There may be some other things that could push the usage of bitcoin to probably a halt or to be very much bearish. War, Famine and diseases all might contribute to a global economic crisis or global economic crash. But let us not be too negative about things, instead we need to plan to make each of our own economy stand still. If we cannot cooperate we will perhaps lose the brighter future for humanity. Using bitcoin might be a good avenue for making each one of us strong. Remember how anybody can be of help to anyone anywhere by using just bitcoin. This may be a very good idea of helping one another in times of crisis. Let bitcoin be the start of a united world if possible and whenever possible.
 

Certainly many are still hoping to earn a lot from bitcoin. It can be observed from the graphs where a series of continuous drop in bitcoin value was seen. When bitcoin did drop lower to around $3000 many then suddenly bought the coins when they felt it could never go lower than that value. This only suggest that people are really just observing bitcoin movements down to a level where they think they have the best advantage for earning on it.

I would agree on his ideas if we have a favorable market. But if not I think we need more timing in entering cryptocurrency if we would want to earn immediately from it. Otherwise we will have to wait for longer time to earn the profit. We should be doing a lot research before joining cryptocurrency or else we will just end up in failure

It is a natural response for anybody to fear loses. It is a good option to sell if your btc is really needed at the moment but if not and you are not afraid to lose you can just hold it no matter what. If your father can wait for longer time then there is nothing to be afraid of. For sure it will be up in price 5 years from now or maybe 10 years after. But if not then I may suggest to sell it he can't hold it for long.

I think this is a good idea so as to promote the use of cryptocurrency and makes transactions faster but I doubt if it can do good to the standing decentralized systems. It would probably create a new system which is centralized because the countries success in using cryptocurrency would rely on the idea of how the coins can be safely managed so as to control its effect to the country's current economy. Failure to monitor the outflow of the coins or digital money could mean a big trouble to the country's economy.  So for me this might affect bitcoin and other altcoins which is not good in my opinion. So it would both give advantage at the same time a disadvantage to the current system of cryptocurrency.

You should not be looking at at their promises but on the possibilities of it to come true. Also do a lot of research on the project's team members real identity. They might be just pictures of somebody else and not their real identity. If so,  then it is a clear scam. There are good projects that didn't succeed due to some failure in getting enough support which is probably due to the lack of movements by the team members in pushing the project. It would be good if you can see updates from the team that they are really active and are always transparent about sales. Transparency is very important. If you can hear from them so many excuses, expect that they are really having problems. Since most projects use telegrams you can look at posts from investors to analyze their real status. You cannot just easily say a project is a scam or is not a good one unless you will see or observe it for sometime . So a good background check or continuous check on status should be necessary before really joining in a project. There are so many things to look at before deciding to join in a project but these are things I consider most significant. It's up to you now.

Economic Freedom is quite broad to really point its view to just a few points that bitcoin really takes advantage of. In the world today where business is the main concept why people still keep on living in this economic world, it would be so difficult to say that we are really having this economic freedom. As you have pointed out you might just have focused on the idea of a decentralized system where the government has no hold of the transactions we make but honestly there are still so many things where the government really had the control over us, and the decentralized system does not yet solve totaly the economic freedom we need.

This would probably take a lot of study. We know for a fact that fees goes to miners also and if transactions could be lesser I think it will affect miners especially if computations could become complicated. It could use up a lot of electricity and therefore could create loses on the part of the miner. I don't have idea though how much did they earn from it. I just heard about some feedbacks on this.