Bitcoin is of interest to law enforcement agencies, tax authorities, and legal regulators, all of which are trying to understand how the cryptocurrency fits into existing frameworks. The legality of your bitcoin activities will depend on who you are, where you live, and what you are doing with it.
Actually, bitcoin should not be illegal since it was not a drugs or anything that can be make it as illegal, there are a lot of people who are being helped by cryptocurrency for their life to improve even more, so bitcoins should be legalized on every country.
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Will you encourage others to invest in crypto and explain to them that this is not a scam or a pyramiding activity?
Encouraging other people to work using cryptocurrency or let say trading in the market is a really good idea because it will help different peoples life to improve even more.
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With the fast developing blockchain technology, more and more people are getting involved in the blockchain world. The human being has been evolving so many years, we went through the period of the primitive society, the agricultural revolution, the industrial revolution, and the Internet revolution. It's time to change, we now need to enter a new era, a decentralized era, we got to trust each other with the technology, but not with the third parties. Government is third parties, the bank is third parties, all the giant company are third parties. Why they want to hinder the development of blockchain or ICO. Because they are afraid, there are no more people they can get benefit from.
We need the government to take care of our country but the only problem is that, there are more corrupted government more than the good ones who are serious about their job.
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Hey what do you think, can scenario of January repeat? I mean can everything suddenly fall again?
If you are referring to january 2019 then it will be a good year for altcoins since the price of bitcoins might increase even more in the future and when the price of bitcoin will dump then it was altcoins turn to grow since bitcoins price is tether to altcoin.
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Hey there
In june & July I bought Digibyte & Stratis & Siacoin with all my bitcoins, till now I lost almost 80%
What can I do, HOLD or Sell or What!
You actually have no choice and the best thing that you can do today is just hold your coin till it grow back to its normal price, and do not sell your coins because you will just throw your investment in that way.
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Currently I own a lot of altcoin, I bought them at ico. My account is being downgraded several times. There are many people who say bitcoin will continue to decrease, so altcoin prices also decreased compared to USDT. So now, should I sell them and wait for the price to buy back? Give me advice ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) The price of bitcoins today and other altcoins are slowly increasing so its better to hold your coins because you can sell it later when the price of bitcoins reach $50k dollar.
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What do you think is it better if you entered in this market now because those who joined 4 years back and invest some good amount of money might be millionaires, is it better if we join Cryptocurrency world today
Does it have a capibility to give enormous gains like it give in the past few years, if not then why don't we should look for alternative and better and more secure investments?
Actually we are already late because the price of bitcoins is very high today but its fine because there are more works for those freelancers to promote different ico's that are starting to get investors today.
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On your topic, I find that predicting the exchange rate of ETH in 2020 is not easy. If analyzed according to the current situation, ETH is the most strong crypto on the market. So if the pace of development continues as it is now, ETH 2020 will be able to reach the rate of 2000 dollars.
There are crypto analyst that are saying that ethereum might reach $2k dollar at the end of 2018 because bitcoins might surpass its previous price of $50k dollar then after the pumping time, eth coins might go overboard due to the price drop of bitcoins after december.
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This is the Strategy I was following in crypto. This is the example.
buy coin 300A @1.00 = 300
Sell 150 @2.00 (Now you covered your initial investment(Excluding fee)) Sell 50 @3.00 = 150 Sell 50 @4.00 = 200 Keep remaining 50 for long term( If market is crashing you have to sell this proton immediately).
But this method can't apply if the market crash before it reaching to 2x. I would like to know the approaches/Strategies you are following and drawbacks of this method.
The best thing to do is just hold your coins till the price reach the moon because trading in the market is a tirey job or you can trade daily in order to earn more profit, that will be always depending on how you manage your time.
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Many of ICOs allocate some of the tokens to participants in bounty campaigns. Don't you think it is better to give bounty participnats reward in ETH? 1-2% of the money raised is not so much and bounty participants deserve that. Also, it can cause more investors to attract. Because they are no longer worry about the price fall after bounties are paid.
Now a days there will be no ico or campaign who will allow you to be paid on ethereum but there are ico's who have a buy back system which they will purchase the coins that they distribute to the bounty campaign participants after the end of sale in the market if their ico is success.
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If we have more fund, than is better to invest in both Eth and bitcoin. As invest in both is more low risk than only invest in one.
Both coin is profitable but they have different potential and growth in the market, you should invest depending on how much capital you want to spend for cryptocurrency.
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Is buying ETH currently a good idea, or should I be going with Bitcoin?
yes you should buy ethereum coins today, the price is consistently growing in the market due to the decrease of value of bitcoins and there are a lot of demand on eth coins as well so you can invest a huge amount and you will surely earn profit.
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In my own opinion, the launch of ico's today at early first quarter is just fine since the price of bitcoins and ethereum is still low and their coins might grow up when the hype in the market is on after a few months.
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DeVere group analysts: by the end of the year Ethereum will reach $ 2500 and will continue to grow
According to analysts specializing in financial consulting company deVere Group, before the end of this year, The price of the second capitalization of Ethereum cryptocurrency can grow four times from the current marks. About it reports MarketWatch.
"According to forecasts, the price of Ethereum will significantly increase this year. It can reach until the end of 2018 the mark of $2500, and in the next two years to continue the growth," — said CEO deVere Group Nigel green.
The head of the deVere also said there are three main drivers of growth rates Ethereum:
"This overall rise will be fuelled by three main factors. First, more and more platforms are using Ethereum as a trading tool. Second, wider Use of Ethereum-based smart contracts. And thirdly, decentralization of cloud computing» Green is also convinced that the cryptocurrency industry will inevitably face regulation, which will contribute to the protection of investors, as well as increasing confidence in the long-term prospects of this market.
Earlier, the blockchain entrepreneur Stephen Marioff expressed the opinion that the price of ETH this year will grow threefold. According to him, this will happen thanks to the active introduction of Ethereum technology in various spheres.
The source of the cryptocurrency.tech
It will really happen since the price of ethereum in the past few months is reaching 1k dollar so we can really expect for it to grow beyond 2k dollar just like what bitcoins might reach after the end of this year.
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As we all know,bitcoin is the most famous in digital virtual currency. with the effect of national policy,bitcoin is hurt. Change the angle,if the bitcoin is banned,who can replace,even do better than it? Do you have the suitable choice in your heart? Just tell us!
I also invest on ethereum because i believe that it has a potential in the market , when the price of bitcoins is decreasing then there is a huge chance for altcoin to grow even more in the market.
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How could war affect crypto?
War will only affect the place or country where it was held and if a war will happen then cryptocurrency will still be profitable since not every country wants to declare war so it will not affect the entire world.
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Many bounty campaign give token..often token bounty has not been paid .. you already exist in the market .. after the price paid it down drastically ... if we hold the token .. later will be able to rise or even added down the price of token bounty
It actually depends on the person who is working on bounty a campaign, you can hold it if the coin do really have a good potential in the market and the platform is successful but you can all also sell it if you work on bounty campaigns for living.
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Hey guys, market looks healthier and healthier so I want to buy some altcoins. Can you recommend me some altcoins, which you think are going to reach mars soon?
Ethereum today does have a good potential in the market, those investors of bitcoins is now focusing on eth coins, i think that eth coins may replace bitcoins as the number one cryptocurrency in the future.
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My start with crypto/btc was that I invested a bit end of November last year. I had a few friends that told me about their small successes and how easy it was to just 'start'. It was indeed quite easy. I started to read and research into btc and every other relevant coin. Whitepapers, teams and such. Then I started to shift focus to the block chain, starting to get a grasp on what could be the future possibilities. I started to get real exited and invested some of my savings in a few projects with (to me) real potential. None of those projects appeared to be alive because of speculation only, mainly because they have a vision and actual plans.
So then I noticed that there are quite a few documentaries. I started to watch them all. A few from 2015, 2016 and 2017. I was disappointed to say the least. Everything was about bitcoin and the value/worth of bitcoin. It was about highs and lows, crashes and deceit. Only a few times the actual potential of the block chain was mentioned. Mostly it was about money.
Right now I am starting to feel like this is just a way to make money. Nothing more nothing less. You buy into btc or other coins and in no way are you really supporting the project, besides maybe adding to the order books at the exchanges with some minor effect until whales decided to take over. I sometimes have some sort of dishonest feeling, like the money I make through buying (and seldom) selling is somehow dirty as it comes from people that simply do less research, bail out or simply already had their take.
I started with high feelings of morality, being part of some new future where block chain would be the next internet. Right now it feels like a rat race where you have to grab as much money as possible before others take it before you or from you.
Not that I am ungrateful. I like many projects because of the team behind it that actually want to change the world. But if I look around me, it is mostly those that are in it to make money, a lot of money....and this money has to come from somewhere right (those that lose money)...
What is your take on this? Is this all a phase, part of how this game works?
You are somehow really good at deciding to invest and this is like the same comparison to a person with good patience and they will just sell their coins when the price is increasing and hold when the price is decreasing.
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