Bitcoin bank... sounds weird isn't it? the main point of being decentralized so that you can control your own money and then exist bitcoin bank that could eliminate main point of decentralization because I'm sure that people will fancy it over saving crypto all by themselves because they find it inconvenient to be responsible for their own money but well, if that really happen. I'm curious how the entire community will change from online wallet dependent to crypto bank dependent

We all know that the supply of bitcoin is capped at 21 million and all these halving are predetermined event which everyone actually expected and I can't see this could drive the price up somehow. But, it could indeed become a catalyst aswell as a method to spread out news regarding bitcoin and giving impression that bitcoin is becoming scarce which could probably indirectly affect the whole market perception regarding the current market trend but that's it and nothing more, forget about bubble because it's not going to happen anytime soon but, just my opinion tho.

Well every movement is literally reported by media and as you said it's not simple. That's why I've repeatedly saying that chance the hackers is going to cash out at the moment is slim. it's more likely that they will deposit it to their cold wallet and leave it for months or even years after this case is not a thing anymore however I'm pretty sure that the entire crypto community will always watch the address' every movement just like how we can know the movement of every whale address without any effort.

Criminality happens everywhere and not just involving bitcoin it just happen that bitcoin is advanced in term of remmitances and could send money in an instant. These criminals could actually send money like using WU and still get over with it because no one know what they are transacting and what they know is the person just sending money to someone else anyway. Nowaday there's the implementation of KYC with purpose to fight scam and money laundering and I think it works quite well but can't entirely eliminate the problem because bitcoin is p2p and people could just do an individual transaction but I guess in the future we'll see some kind of regulation again.

or IDAX CEO are too afraid of being raided and just get away with the money because dem monies are just too shiny? I don't know where IDAX's office located but it seems that their exchange is chinese ones so maybe they have an office in China.
Even that, these kind of exit scam is just wicked to run away with people's money like that and I'm really doubtful that the police could somehow caught him because you see even the corruptors of certain nation the police still have a hard time dealing with those. Let alone these so called CEO of exchange that could possibly faking their identities.

But having all these Korean exchange being hacked is indeed kinda, odd. Maybe it's because the volume there are quite huge or just simply vuln and can be exploited but I think they need to invest more into security. This is also why when new exchange appear, they should undergo a code review so that it won't be exploited because honestly, some exchanges are lacking their concern in term of security.

Most of the time hackers are taking over the exchanges' wallet that hold tremendous amount of money though, but it's advised to use hardware wallet or if can't desktop wallet. But, a wallet that is not saving the private key generated into the server is relatively side but not advised.

It is already a reality, the centralized cryptocurrency. What do you think all those stablecoins are? despite being a little bit decentralized because some of stablecoin relies on the already existing blockchain from smart contract platform like Ethereum their value heavily depends on the company behind it and the company can do whatever they want with the coin even printing them as much as they can. I'm sure that some of government out there have in touch with centralized blockchain or you can just take over all the nodes existed and it will automatically be yours.

Quite amusing, the market is not being dumped or having a panic sell but instead it's climbing up little by little. It seems that the market could cope with the news or even don't care at all because it's not or later all these coins will eventually be dumped to the market anyway even without the hacking. However, that much of money being hacked will not be gone if they just invest into having more robust security. The thing is, the hacking will not stop because if there's new exchange site that means a new exploit aswell. It seems will go on for a longer time.

Even if those are Jeff bezos or Bill gates I wouldn't trust them I mean why should I? It's always better to trust on yourself in this case because it's your own money and not theirs. Even Jeff Bezos or Bill Gates could have their own motive. Maybe, the hype will build up because people always believe whatever the billionaires saying in term of financial and economy is the truth and therefore makes the coin gaining popularity or even instant profit but it's just temporary. There's just too many factors need to be considered and while these testimony from the billionaires could make the spotlight they are not the deciding factors.

That's usually the real problem here and people always forget that recognition by the community means a lot. It doesn't matter if your product is as good as those released by big companies but what's more important is the marketing strategy. You can have the shittiest coin ever existed and if you can get the marketing right people would still use the coin anyway. So in the case of coin, utilization is really important and I can't deny that but so is marketing strategy.

I do agree that future forecasts are kinda useless considering how much time they get it wrong and also most of the time if they get it right because of the self fulfilling prophecy. However, I don't actually sure that ETH will hit that much of price either considering how much the circulating supplies of Ethereum which is enormous and keeps on accumulating day by day. It just feels not right and will surely bloated. However I feel it's undervalued if the price is below $150 either. There must be a sweet spot for it.

exchange is to blame only if the hacker could get through their hot wallet or cold storage where all of their cryptos are saved and if that happen and the exchange is not offering reimbursement then they are as good as scamming. But, if it is only your account that got hacked, you are deifnitely to take the blame because that means it's your own fault and not the exchange's because the responsibility of keeping the account safe by enabling any security measures and keeping the important information is all your responsible as a user.

I can't find the correlation between having knowledge regarding crypto and having a positive direction as well as having smaller life problems. There's just no real correlation isn't it?
I thought that millenials are more well informed regarding internet than their predecessor? Most of the times it's the old people that easily trust any information send to them without even spending time to recheck whether that information is true or not. However if its true, that'd be messed up because millenials supposed to know internet more.

Not really, there are many factors that could cause deflation and halving is just one of them. You see all those coin that have burning every few months aren't really increasing their price. People are hyped with the halving but it's actually just the halvening of mining rewards and in my opinion will not do significant change. But, if people are hyped up with the halving it can for sure create deflation because people believe that bitcoin will become scarce and people will raise their price standart once halvening commence.

This is already happening for so many years. even Youtube having so much link to malware in many videos disguising as hacking tool or even cheating tool for certain games. I thought that people could figure it out that such a thing is phishy but I guess i'm wrong considering that the infected device from this Crypto jacking software alone is already 500,000 devices. What makes me afraid the most is chrome extension that could possibly contain virus and could log my activities unbeknown by myself than these link to install random software which kinda obvious.

Well if we are talking about reasonable price almost every price point for altcoins like Ethereum or some kind always reasonable considering that these top alts climbing from the bottom with really low price at ICO and here we are now thousands percent up compared to initial price. The current trend of market is crushing alts as bitcoin dominance is rising. It is to be expected that some alts will get dumped so hard. People are all about crushing shit alts nowaday.

It seems that he only has the proof of the suspicion though no official announcement yet considering that such a thing would take a lot of consideration before announced by the exchanges that got hacked, quite depressing to hear such enormous amount of cryptos got stolen so easily. I wonder how all these exchange could get their crypto stolen easily despite having invested into the security. I know that no system is safe but atleast they can make it harder to stole the cryptos maybe by investing more into the security because it wont take that much compared to the aftermath caused by a weak security.

It's the usual clickbait articles created for the sole purpose of gaining the attention and get the dam money. So many media are now using this method without seeing the side effect that the articles they provide could misled people into thinking something unreal or in fact wrong. They just really need a big slap to their face so that they don't take advantage every little piece of bullshit information with the stupid clickbait title ever again.

Also DEX could usualy used to trick people into buying useless coin that disguising themselves as a legit coin but actually it has different smart contract to the original. I've seen so many people get lured into such trap and man that's just awful. If the DEX is really requesting KYC that would double the disadvantageous of using decentralized exchange nowadays. The whole interface is also buggy and just don't feel right. Honestly I always avoid to use something the likes of centralized exchange but the hard truth to swallow is, centralized exchange just a damn lot convenient and could not see the reason why I should use DEX over centralized exchange. I hope they could eventually improve though, maybe just recreate the entire DEX system from scratch.

The problem, there are actually many of project that proposing the idea to solve some problem (well if there's no problem to begin with I'm pretty sure that there'll be no such project) but after they did their ICO or IEO can't really solve the problem as their idea is failed or they have poor execution. The only problem that I can see being solved is remmitances and to act as an online currency which the solution is Bitcoin and you see most of the project that are appearing all about smart contract platform which actually only provide solution to the nonexistent problem after so many being deployed because we don't actually need that much of smart contract platform. There are project that propose to solve problem in medical field, decentralizing the centralized platform including social media but as far as I can see none of them really working out.