Yes, apparently, China will indeed be a leader in the use of blockchain technology. I have long read that in China, more than all countries issue patents for the introduction of this technology. Therefore, it is not surprising that about six billion dollars have already been invested in this technology. China has long been famous for the fact that new technologies are constantly being introduced there, including by copying and stealing them in other states. It is because of the use of new technologies that China has now risen to the level of superpowers.

No, you are wrong in many ways. The existing financial system in the states is well regulated and quite suits the current governments. On the contrary, the introduction of cryptocurrency is not profitable for them, because it is the decentralized cryptocurrency that they cannot control. They can allow the circulation of cryptocurrency on their territory, but they will not actively support it.
Governments will never give up their national money.

Given the current state of the cryptocurrency market, many of its participants place all the blame on fraud in the ICO. This is so, however, partially. There are still many good ICO projects that will appear, so this activity has not yet exhausted itself and is still useful. The fraud in the ICO has now really reached a threatening scale, but it will soon be removed by state regulation. So let's hope that the problem with the fraudulent ICO projects will be solved soon.

Of course, I regret that at the peak of the cryptocurrency price in January of this year I did not sell some coins. Now it would be possible to invest these funds in ethereum. Well nothing. Little by little we gain experience. Of course, to such prices, which were in January, we will not return soon. Let's hope that next year the market will recover and many opportunities will appear again.

Creating a fictitious ICO and stealing investors' money is a criminal offense and therefore states are obliged to intervene in the process of ICO's activities and not only seek and prosecute such fraudsters, but also take steps to prevent such crimes in the future. Therefore, in any case, the state will be forced to regulate the activities of ICO. They have been inactive for too long and have been waiting.

Why do you think that KYC verification was introduced in order to exclude the use of several accounts by bounty hunters? This nonsense is spread by the ICO teams, which, on the one hand, want to get hold of our identification data, and on the other, do not pay us the earned tokens through the introduction of such tables, which parts of the bounty hunters will not be able to pass.
Did you clarify which regulation gives ICO teams the right to demand such data from us and violate our privacy rights? In most countries, there are laws that prohibit the requirement to provide such information to authorities that are not authorized for its storage and do not have the appropriate conditions for its storage. You asked the ICO teams what they were going to do with such information, where and how they were going to store it, and for how long? Before writing such nonsense, it would be better to find out about it and not to provide our confidential data to persons who in at least half of the cases are themselves fraudsters.

I agree that now we need to try to keep our coins and tokens longer. And you need to be prepared for the fact that they will still fall in price in the coming months. However, I still do not think that it will take several years to restore the cryptocurrency market. I believe that even if the market still falls in the next few months, it will be restored all the same in the second half of next year.

It's all the same what to ask the question why do we need such a variety in shoes. You can create universal shoes and wear it in the cold and in the heat. Or create a universal mobile phone, but many people repeat the same functions. Of course, as if some did not want uniformity, most of us still strive for diversity, which brings comfort to our lives.
Coins and tokens perform various functions and it is very good that there are many of them. It is necessary to encourage their diversity, the only way they can develop and improve.

The KYC check does not give the headhunter anything. It only takes our time and kills our nerves, because to go through what does not fit into the proposed answer tables is rather difficult and sometimes impossible. In addition, a KYC check illegally takes away our confidential data.
Correctly in this regard comes the ICO Bluenote team, whose signature I am now carrying, which in the form of joining the ICO signature campaign makes it possible to confirm that we are not citizens of countries whose governments forbid their citizens to participate in the ICO. Although this is a controversial question: what does participation in the ICO mean? Some governments are afraid that their citizens will not suffer losses, because they consider the activities of the ICO too risky. Bounty hunters cannot bear material losses due to the fact that they do not invest their funds in the ICO, and therefore should not be tested by KYC.

The question is not whether to give up or not and whether to leave the world of cryptocurrency. It is about the proper management of your assets. If someone doubts the prospects of Bitcoin - he has the right to do this and express his opinion on this forum. Moreover, Bitcoin has not really improved for a long time and, compared to other types of cryptocurrency, it does not look very good with its throughput of seven transactions per second.
However, there is nothing unusual in the current fall of the cryptocurrency market. The market develops cyclically and after each fall there should be a rise. For various reasons, some coins and tokens will leave and leave this market. Bitcoin is no exception. However, the cryptocurrency will continue to evolve and improve.

Do we need central banks? It’s not up to us to decide, but the government of each state. We can not influence the solution of this issue. From the point of view of the state, central banks are very necessary, since they perform a lot of useful functions, including maintaining the national money rate, ensuring a uniform financial and credit policy of the banking system, ensuring the implementation of the country's budget and solving many other issues. Therefore, central banks will exist regardless of our desires.

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Now all ICO projects are experiencing great difficulties due to the fall in investor activity in the cryptocurrency market and stagnation in the market throughout this year. Therefore, many ICO teams announce the extension of the ICO and nothing can be done about it. This, of course, negatively affects ICO's generosity campaigners, including signature campaigns. We really have to work with such ICO campaigns for four to five months and in the end there are no guarantees of earnings. This is just a bad time for bounty hunters, it should end soon.

So far, unfortunately, Bitcoin is not widely used as a means of payment. It has not yet been legalized by most states, and this makes it difficult to build up the infrastructure for its use. For the time being, investors see in it mainly a speculative means of accumulating value. This is not very good for Bitcoin, or for the entire cryptocurrency.

Now, according to CoinMarketCap, Bitcoin costs $ 4,357, although a couple of hours ago it was worth $ 4337. The price of bitcoin is growing before our eyes, and this is good news. Therefore, it is possible that in December we will still be able to see a good bull cryptocurrency market. We hope that this will happen. All have long been waiting for this moment and in many patience is running out.

No, Bitcoin or any other decentralized cryptocurrency can never become a reserve world currency. It will be used primarily by individuals, that is, individuals and as a means of payment between individuals and legal entities. It is unlikely that states and their bodies will use bitcoin in international relations and in their domestic activities. There are many reasons and the most basic among them is the decentralized nature of Bitcoin and its high price volatility.

I absolutely agree with you. I think that Bitcoin in these ten years has not achieved its success, for the purposes of which it was created. It never became widespread for use by the payment system and was not legalized by most states. Instead, it has become a speculative means of increasing its value, which is very dangerous both for Bitcoin itself and for the cryptocurrency as a whole. A significant increase in its value drives a cryptocurrency into a dead end, from which there is practically no way out, except through the collapse of the market.

The basis of cryptocurrency are tokens. Despite their significant percentage of uselessness, tokens will play a significant role in popularizing cryptocurrency. Bitcoin is actually only created as a means of payment and does not have any additional functions. Tokens just possess such diverse functions and in the future will greatly facilitate our life, make it comfortable and convenient.

I agree. The KYC check is now used by ICO teams to a large extent in order not to pay bounty hunters earned tokens. Especially if such a KYC check is applied after the end of the ICO. Logically, there is already no other meaning in such a check, except to deceive the bounty hunters.

In itself, the idea of creating a cryptocurrency is very good and provides all its participants with great benefits and financial opportunities. The price of a cryptocurrency is a very important issue for its users, but not the main one for its existence. Therefore, regardless of the price, the cryptocurrency will continue to evolve further. Its price will repeatedly rise and fall, such is the essence of decentralized cryptocurrency.