This ICO campaign states that they have raised $ 130 million in private sales. However, usually the ICO begins first and private sale is included in the holding of the ICO, and here, starting the ICO on October 1, they have already announced that they have collected such a sum in a private sale. However, no one has seen these funds, but what if this is just a publicity stunt and there are no funds raised in a private sale? It would be correct if they referred to the address of the purse with the collected amount, otherwise it looks like a fraud, although it cannot be stated unequivocally so far.

What is surprising, now the whole cryptocurrency has fallen in price by almost 90 percent. Is it any wonder that ethereum has now dropped very much in price. However, this coin is still worth more than $ 200, not cents, like other types of cryptocurrency. But if the market starts to recover and the cryptocurrency will grow in value, and ethereum will stand still, then it will be possible to say that something has happened to it. However, so far there is no reason to doubt ethereum’s prospects and reliability.

I find KYC checking for bounty hunters illegal. The ICO team does not have the right to require identification from headhunters. Moreover, the requirement to provide such data at the end of the ICO, after the bounty hunters perform the agreed work, will be even more illegal if it was not previously stated in the conditions of joining the ICO signature campaign. This is definitely reminiscent of fraud for the non-payment of earned tokens.

The fact that the EOS coin is a fraud may have started to speak because at first there were certain difficulties in it, including no official or other wallet. However, it should be said that over the past two months, EOS has been ranked first among the cryptocurrencies in China for technical qualities. This coin has already pressed ethereum, which previously occupied this place. In this case, Bitcoin dropped from thirteenth to sixteenth place. I do not think that EOS can be a fraud.

This is still bitcoin stopped at such a cost. Its price cannot long be constant in its nature. The situation on the market will change, it will affect the ratio between supply and demand and Bitcoin will again change its price. Its large volatility cannot be changed.

With the existence of such a large number of states as now, it is unlikely that all of them will be able to agree on the use of a single currency. This will be possible if the states unite their economies as it is done in the European Union. True, even in this case it will not be a cryptocurrency. It is not able to be a global world currency due to many factors, including due to the high volatility.

Of course, if the cryptocurrency disappears, blockchaine technology will exist and develop further. Blockchaine technology is much broader than cryptocurrency. Cryptocurrency is one of the options for using blockchaine technology. This technology is now conveniently used as a safe storage of large databases in online access to the Internet. That is, for the first time, blockchaine technology makes it possible to summarize information on narrow directions on a planet-wide scale. Such an earlier opportunity was not available and the scope of its application in this regard is limitless.

If everyone will only buy and keep Bitcoin, nothing good will come of it. It will only senselessly increase in price, that is, swell like a financial bubble. And this, sooner or later, will lead to the emergence of panic and its depreciation. This is the path to nowhere. We do not need to strive to increase the price of Bitcoin. It is necessary to develop his ability as a means of payment. It should grow in price due to turnover, and not due to its retention, that is, the reduction of supply in the market. If the bitcoin supply on the market is significantly reduced, people will simply switch to using another cryptocurrency.

Yes, on the other hand, it shows how much satosh is compared to grams of gold, or in other words, how meaningless such comparisons are.
In general, comparing Bitcoin and gold is very stupid, since they generally differ almost completely from each other and there is very little in common between them.

I am not afraid of the KYC verification itself, although the procedure itself is a bit humiliating. I’m afraid of the consequences of sending my confidential information and copies of documents to unknown persons and I’m not sure that this information will not be used by anyone for an illegal purpose. Moreover, the ICO team itself, as a rule, does not pass any checks and does not bear any responsibility for the safety of this information. In addition, a very large percentage of frauds among ICO teams should be taken into account; here we generally place our confidential information in the hands of criminals. It would be foolish to hope that they will not take advantage of this.

Regulation of cryptocurrency by the state is necessary, because regulation is part of the legalization of cryptocurrency. Without legalization and regulation of cryptocurrency, it will not be able to work on the territory of the state and be used by business structures. In this case, it can only be used by citizens and very limited. Therefore, we need regulation. Especially if the regulation is only in the order of circulation and use of cryptocurrency on the territory of the state. Regulation is good because the state, determining the status of a cryptocurrency, takes it under legal protection.

Ripple sometimes makes price spikes and briefly outpaces ethereum in capitalization. The topic states that XRP is an "independent digital asset". It is indicated that the technology company Ripple owns about 60 billion XRP coins, but does not control it. It can not be. Own so many coins and not be able to influence it?
After the last rise in price and capitalization, XRP reached a price of $ 0.61, now its price has dropped to $ 0.45. In terms of price, XRP will never reach ethereum. And by the level of capitalization, we will see when the planned improvements will be implemented in ethereum.

Of course, the price of Bitcoin directly affects the price of the entire cryptocurrency. All cryptocurrency repeats bitcoin price movements. This is due to the fact that Bitcoin can exercise price dominance over other types of cryptocurrency due to the fact that it has a very high level of its capitalization. The higher the capitalization of the leader of the cryptocurrency, the tougher the price pressure.

Bitcoin is sometimes compared with gold because of its high cost and due to the fact that in recent years it has been actively increasing in price and brings people profit. However, in reality, it doesn’t look like gold, and if you start to compare them, you can say that they are generally completely opposite things that even exist in different worlds - digital, virtual and coarse, physical. However, the main thing is that gold is always stable in price, and the cryptocurrency is always too volatile.

Over time, banks will be forced to work with cryptocurrency, regardless of whether they want it or not. This will happen in addition to their wishes, especially after the states legalize cryptocurrency. Therefore, I believe that banks will not always oppose the introduction of decentralized cryptocurrency, the time will come when they themselves will want to have a profit from operations with cryptocurrency. Banks will eventually work with cryptocurrency.

After Bitcoin was stagnant for a whole year and kept the entire cryptocurrency from rising, if it still does not grow in price in recent months, this will finally disappoint many investors and they will leave the cryptocurrency market. After that, the market will remain stagnant for a long time. I do not think that we need it now. Therefore, it will be much better if the market gradually grows. We also don’t need strong growth, but it would be nice if Bitcoin grew to at least 10,000 - 12,000 dollars.

I support the same opinion. Cryptocurrency is too specific to use, there is a lot to know and understand, including especially in security measures. Therefore, taking into account its high volatility and other qualities, it will be used mainly by citizens, states, government structures and business structures will not use cryptocurrency widely. For business structures it is very important not fast, but documentary confirmation of the transaction for various kinds of audits and tax authorities. It is unlikely that the inspection bodies will constantly check the records in the blockchaine.

Absolutely right. In my country there is a law on the protection of confidential information of citizens. My confidential information may be required from me only by specially authorized persons in specially provided cases. Why should someone violate this law only because the United States does not like its citizens to participate in ICO projects and thus they want to warn them against the possibility of material damage. Solving in this way, for their citizens, so that they don’t go where they don’t need, ICO teams violate the rights of all citizens of other states. Complete nonsense. In my opinion, it’s enough on the site to place an announcement that their government does not recommend US citizens to invest in ICO projects. And then let the citizens themselves decide what to do.
And at the same time they began to demand, just in case, to be tested by KYC in the participants of the ICO generosity campaign. And then why would they do this?

It is all the same as in Russia, after the revolution of 1917, they tried to ban all types of shoes, except for one set by the government. Who are the other types of shoes that interfere with? What are the cryptocurrency varieties? If they turn out to be unclaimed, they will disappear in time. And why bother to raise this topic at all if we can’t ban them anyway? Does anyone like so many stars in the sky? This, too, someone too lazy to view. Let's ban?

The tax on profits from cryptocurrency is introduced and will still be introduced by other states. This is inevitable when the state legalizes cryptocurrencies. True, how it will be implemented in practice, while we know little. Most likely, the provision of necessary information will be imposed on the citizens themselves. Will they pay it in full, this is a question that interests so many. Most likely, if it is installed in a small amount and citizens will consider it fair, then the tax will be paid, and if it is large, citizens will evade paying it.
Moreover, such opportunities will be available.