The world needs at least one exchange that doesn't give a shit about anyone or anything. That used to be BTC-e, but now we know that might have been for a reason. I wonder if anyone else will ever do anything similar.
Daring to go against the embargo imposed by the UN and the USA can be a big suicide. And what happened to BTC-e can be the big lesson for anyone not to try to go against the powers-that-be. As long as an exchange or any entity for that matter is wishing to do business and to stay on the market for as long as possible, then there is that big need to toe the line otherwise things can be wasted and can go down the drain. This is one reality bite we have to accept because cryptocurrency can never live in an island or a bubble. |
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There is still no high degree of certainty that Japan will soon be approving any ETF application but I am thinking that they are just expressing a possibility and knowing how Japanese works...this can take time as they are not known to make haste decision specially with something that may have far-reaching consequences. There is now this growing acceptance of the big possibility that come February SEC will eventually still say no to the ETF application pending on its hall. And I think we should be prepared for that decision.
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That is actually the ideal situation that all should be looking forward to but then we can not deny that this is not yet happening at least on the massive scale and in fact there is no guarantee that this is going to be the prevailing scenario in the near-term and even long-term basis as there are many impedimenta and factors that have to be considered first. We can not get away the control of the state just with the kind of money or medium of exchange we are using...no it can take more than that. Maybe decades from now this can be a big reality but not for now...and this is why many people are craving for institutional money to come to prop up the price of Bitcoin and the whole cryptocurrency market.
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Ethereum or Eth has a good future ahead at least on the short-term basis. This is one platform which has a good dev team behind and has good leaders behind it working and doing all they can to make it more responsive to the demanding market and always looking for ways to make Eth the cryptocurrency of the future. This may not eventually overtake Bitcoin but certainly this is one of the best altcoin if not the best so far. Good luck to all Eth holders including myself.
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You can do the bounty way to get some coins or tokens. And there are many bounty opportunities right on this very forum. You just search for it and select those that you think has more chances to make it to many exchanges and can have good value in the coming months. Right now, the market is still bearish though opportunities are still here in the world of cryptocurrency you just have to look for them. Good luck on your endeavor am sure you can find what you are looking for soon.
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I believe that eventually people will appreciate more the STO infrastructure compared to the popular ICO which is now seen as being ridden by many scammers as the market there is quite unregulated and there is no accountability being established that is why many project come and go and many are leaving their investors holding empty bags. Now, with STO this is still not a mature platform that is why there are still many challenges that it has to face head-on and of course there will be projects that will pretend to be using the STO system when in fact they are just the usual ICO so always we have to be careful.
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The power of the state and the use of regulatory impediments will always be imposed on the cryptocurrency market and with exchanges that need to be operating openly in the global market there is really no choice but to comply as much as possible. There is no question that doing business with USA and its people can be a burdensome as compared with other countries...this can be the big reason why there were those who opted to closed their business to US-based customers or to any American anywhere in the world. I am expecting this kind of trend to escalate more and more in the coming years.
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I am sure that that members of this forum is not the man's market but one thing is sure that he can be doing well accepting Bitcoin for donations for the work he is doing and whether we agree with things he is into what can not be denied is that the donations are coming. Well, we have to understand that with billions of people all around the world one can easily find the niche he can work with and a captured audience can be find elsewhere even with view we don't agree or may not be mainstream. I am sure that there can be others that can inspired to also use Bitcoin as the medium to accept donations (and I think there are already many doing this but of course their success may not be worth mentioning).
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I understand that you can be frustrated that up to now there is still no bull run even a mild one...but there is nothing we can really do about this market but just to watch and be expecting the best and be prepared for the worst. Bitcoin can soon be tumbling up and down and the face of Bitcoin can be painted with excitement and colors. Right now, it is still waiting for things that can be triggers for it to go to the "moon" finally. Personally, am not expecting much for Bitcoin this year and maybe others who are predicting that things can be doing well next year hey they can be right. Though if they are wrong I can be so happy too.
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I am sure that nobody cares what the US government has to say on this issue. And this has been settled many months ago so this can just be an old news. It is quite funny to think about it...why would we listen to the government on this topic when this is beyond their own coverage and comprehension. The most important thing is that people are paying the correct taxes when they earned something from the cryptocurrencies they are holding or trading.
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Facebook can be a big and major force in the world of blockchain and cryptocurrency soon. With its immense power to influence and eager users all over the world, there are so many possibilities that Facebook can look into in applying the blockchain technology in many aspects of its operation in current state and into many things in the future. In fact, with this development, I think Facebook can be holding many keys towards massive adoption of the blockchain technology. This is just one of the many example of how in the end big corporations and their captured market can benefit a lot with the blockchain. Now, am hoping that this can never affect the movement towards decentralization.
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The thing is that I have been expecting this kind of situation for the whole cryptocurrency market. We have to admit it that things are getting boring with this space for the past many months and the change of year is not doing anything to reverse this trend. We are expecting and hoping for some catalysts or development that can be helping the marketplace get exciting again and so far nothing is showing on the horizon. We are just hoping that 2019 can be slightly different than 2018 otherwise the short-term prospects of the market may not be that so glowing. |
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And so far there has been no major and game-changing developments that can propel the world of cryptocurrency to better and bigger heights. We are still in doldrums right now and everybody is hoping that something good can be emerging in the marketplace. Maybe the BAKKT can be helping though there is no guarantee for that. Or maybe if ETF can finally be approved in February we can see some upward movements after that. Well, some are saying that 2019 can be the year for adoption and application so this can indeed be a boring year but setting up things for the market's future growth. |
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