Those bitcoin millionaires were the ones that are criticized way back when cryptocurrencies were thought of lowly. They've endured those negative remarks and trusted in the innovation and the project anyway. Which is why I think their wealth are well deserved.

Culture can also affect the price. Like what we are experiencing now, lunar new year is around the corner. What that brings us are a lot of (asian) people cashing out their cryptocurrency holdings to celebrate the event thus the market are negatively affected.

Consider it as another form of asset that is on par with stocks. Of course, its price is due only to speculation and some slight manipulation but imo, as the spearhead of cryptocurrency (at the moment..) getting your feet wet in it is worth a shot.

Gold has high liquidity and has an intrinsic value while bitcoin--although similarly has a limited supply--has no inherent value. The price is only due to people believing it will be used/valued more in the future. Just my 2 cents worth.

There nothing really stopping them from investing in cryptos however, imo, old people should just enjoy the rest of their time. Investments like bitcoin and some alts (with the exception of pnd coins ) take tremendous amount of time to be profitable and by the time they would've use their profit for their whims, it might be too late.

You should consider putting your money in both of them as choosing only one significantly increases the danger. You can put all your money in btc and lose it all in a moment whereas if you diversify your portfolio say, 60-40 favor of btc, you still have remaining eth.

Unfortunately, that is an airdropped coin and is already done distributing. I know because I have 2000 blue and sold them all for 40$ . Anyway I was a newb then, but I learned my lesson now.

Nakapag email ka na sa support nila? Posible kaya na ni-lock nila ung account mo kasi may nag-attemp na icompromise ung mga funds mo since malaki nga ung laman? Although hindi pa nangyayari sakin yan, ako naman, laging may problema sa withrawal. Laging wala (or super delayed) lumalabas na tx history.

Can you please elaborate how you have come to the conclusion that xrp is decentralized kung ito ay 'kontrolado ng iilang tao'? Hanggang saan ba ang extent ng "malabong mangyare"? Might as well consider that the banks controls xrp and they could pump the sh*t out of it anytime they want while bitcoin is stagnating--so it isn't completely impossible.

Dahil lang talaga yan sa fake news na iba-ban daw ng korean ung mga exchange nila. Kasabay nito ang announcement ng china na ipinagbabawal na rin ang mining sa kanila. Maraming nagpadala sa FUD--nagbenta ng palugi. Ung iba naman, nag invest sa mga alts, particularly ung mga low market cap coins.

Too bad many people got done in by those fake news.  This dip might go all the way down to 10k so I'm holding until then.

First month of the year and we see all sorts of news. 2018 is gonna be an exiting year for crypto 

This is a good move on kodak's part. Although, I'm wondering why no company is doing what they have done; their valuation would've risen at the mention of cryptocurrencies. People would dive in headfirst without a second thought if some big name company does what kodak has done.

I like binance for now; pretty nice UI and has a nice volume. They've been ranked as one of the top exchanges only after 5(?) months so i think that speaks for itself. On another note, Polo and Bittrex has some shady stuff going on right now, stay away from them.

Yes, it is safe now. However i suggest you stay away from ed right now--lots of sketchy stuff going on there. Or if you must really use ed, use metamask--it's a chrome extension.

Dumb money are certainly being poured into the market right now. People only know that cryptos are a great investment but they don't necessarily care about the technology. There is nothing wrong with that though, after all its all part of the way for mass adoption.

I've known bitcoin when it's price was just 700$ but only until now did I get involved in cryptos because before I thought it was just a waste of time. It's part of my life's biggest regret but nothing I could do about it now but to make up for the time lost by consuming information whenever I can.

it has to be the scalability issue. For it to be ready for mass adoption, the developers need to implement more ways to trim down tx fees and confirmation time. Solutions like  LN is good but the problem is, less people are using it right now.

Like I have said many times, majority of roadmaps would be completed by then--for the legit projects at least. Most shitcoins would be shaken of down the drain and the road to mass adoption will be closer than ever.

I love crypto because it is a new technology in our time, especially bitcoin, as the spearhead. Part of why I love it is that the amount of knowledge you could learn from it is endless as it always evolve everyday, gets innovative through the years.

I was wondering the same thing earlier. And here I thought only bitcoin is in the red but lo and behold, a quick cmc check shows blood in the streets (Good thing I got out at about 16.2k$). In retrospect, this thing is familiar. It will bounce back again after the altcoin craze is done.