Switching from IOU campaign to BQT.

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I confirm that I am applying to BQT and switching from IOU.

All the best IOU team.

Thanks for the payment Zapo!

I guess that would be hard to know which country is holding most of the crypto currency. However I am pretty sure Asia might just have out numbered right now because most of the asian countries are the one who has banned the crypto currency. For example, China and India are the number 1 and 2 densely populated countries in the world and they are banning it which means most of the asians are out of the way.
I guess Russia and Europe might be the one who are holding most of the coins in their wallets.

Yes, that the thing, it will build lot of trust. This trust will bring the big and small investors together and also the financial institutes will go hand in hand so that it will push the crypto market up ahead. This will surely happen because by that time everyone will know that crypto currency is legal thing and it has no difference than the fiat currency and only the way it will differ is that its decentralised and thus you can have your own virtual banking system with no limits on the transaction and also no limit on how much you earn it. Its like blended usage, thoughts, processes and much more will get seeded as soon as the regulation over the crypto currency take effect.

Thats a sure thing about this discussion. The dumping may be over by now because there is no such harsh movement that is going on in the crypto space yet. If there would have been bigger drops that are recognisable then we could have suggested that the dumping still continues. For now it is sure thing that dumping is stopped practically and all you seeing in the current market is some price drops % which is entirely normal in the healthy market. Off course there will some sort of buying and selling that will always occur no matter what as many people are not here for the higher prices but just earning and trading it eventually for the fiat money.

I believe it is not the same case this year. This year stuff like SEC, ETF and much more important decisions are on the way. Last years September had nothing to do with the government and thus it was left un-impacted with the external forces. This time investors attention is more onto the SEC's decision because if some positive news come along the way then it will help to get more investors on board and thus a natural pump will occur in the crypto space. That would be the reason for the main bull run here. Currently there seems no movement or dead movement in the crypto currency.

I understand your feeling about this issue but unfortunately our society is not meant for such great help. Now I am not someone who has billions in my hands but I do donate some food or cloth if I see someone poor who really needs it. We cant help with the fact that most of the community in the world is born poor because thats the mistake of their past family who did not fit into the society, nor they studies very well or stayed away from the modern world which caused them to worsen the situation of their fellow family. Anyway government does provide them education free of cost which can change everything in their life. But its upto them. Donation is not the only way here, if we keep doing that then billions of dollars will also be less to eradicate everything.

A correction, hm, may be or may be not. There had been a massive correction already and this could be just support wall crashing on its own. Meaning that crypto is struggling to go above its support walls and somehow it is setting itself down because of different reason and news that we are getting everyday. Most of the time investors are scared about their investment when the crypto is in the bear mode. They will start pouring the money back again when they see some green in the CMC and then they start getting the FOMO feeling and then push the market above naturally. So lets wait for that moment to happen really.

They dont loose money as long as they are not selling their coin. Remember that as long as you have 1 BTC in your hand then it stays 1 BTC all the time. If you start looking at it in terms of your local currency value then you are giving it foreign exchange rate and thus that is but obvious to go down and up in the value according to the volume of trade that is being put over it. Its better not to look at it in that way otherwise you will always see yourself in a loss.
Everyone looses dollar nomination of the bitcoin and not the real value. So if you are holding then you still got the same crypto currency and nothing else. When the market is down its more or less better opportunity to trade even more effectively as you can buy more in such situation.

I liked your answer reading the government banning the crypto currency and the reason behind it. The transparency is the right word for it and what to say about the crypto and political relations was you know more than us as you are pHD holder in the said area. As a common people I would say that politicians do have their own benefits in the crypto currencies but they wont get hampered with the fact that crypto currency is anonymous and thus can be used from other countries too and still the money can be exchanged in that way. So they wont even hesitate to take the decision of banning the crypto currencies within their own country. Now we dont have to talk much about the contacts and relations of politicians with the third parties and intentional traders which makes them everything very clear.

This has discussed millions times and all that I can take from the different views is that, government may face challenges in the later times with fiat and crypto currency exchanges and thats why they are taking their own time to regulate it. I mean they are not ready for it and unless and until they has a plan they will be making some limitations or bans over it for sure. For now they dont want the economical stress increase just because people are putting all their wealth into the crypto currency and thus diverting their assets from the real assets to virtual assets which are pseudo anonymous to get traced.

I never understood the comparison between two things. On one hand we have gold which is being used over thousands of years to trade among the valuable stuff and also use it as ornaments, jewellery, studding the crowns and much more you name it. With the advances it is being used in the CPU's for better processing and now in the Quantum computing too. Thats the Gold, getting its value from the real world application and off course the demand of it being the rare metal.

Bitcoin on the other hand, is all new technology and without any physical form, works on different virtual reality with no real use in the real life ! Sounds like completely different lower hand which has gotten its value because of overhyped investment into it!! Now, I dont understand why we should compare them.

Indeed, this is what happening all the time, a group of person comes in and start asking about the price predictions of the bitcoin for the future and then bunch of more people will jump in to share their extensive knowledge about the prices of bitcoin and there you go, repeat, repeat, and repeat!
This is what happening over the forum for sure. There wont be any serious discussion regarding the crypto space and its advancement or how the current problematic loop of the crypto projects can be broken to have a straight road! There is no excellent talking over the different and innovative projects and thats why this is just home to the profit making and nothing else.

I am still figuring out all your statment here. To be frank I don't think ETH should be seen as bad as its being represented here. I know there had been many set backs for ETH this year but that came along because of the different congestions within the ETH platform. Now I guess that wasn't fault of anyone but the technological insufficiency and nothing else. I dont think it should be taken as something wrong with the ETH itself.

The current market is sufficient for ETH to hold on well above 150 USD. There is less chance that ETH wil go down 100 and below at all. FYI : Lot of facts altogether.

So this is about the crypto and how government is being devil about it. Yes, off course they are more than curse to the crypto currency and they will be like that all the time as they dont want to have the crypto to overcome the fiat in anytime soon. They know very well that the crypto currency now has become the worlds best decentralised economic space where people are literally going in on their own which means lesser use of the fiat currency. This may not be the big problem at this point but they know, if this use raised to higher level then it will be difficult to handle the situation of crypto overtaking the fiat in the later times. So its always better to keep this environment government free otherwise it will soon become more regulated and thus may become very very difficult in the time to come.

TRX is unfortunately good coin and yes I am saying that because they have recently launched there mainnet and have tried to go deep inside the crypto communities investment reach. They have somehow attracted huge number of investors into their base because of its hikes that they got few months ago. This was not the case one time or two but many times and thus made handsome profits to everyone. This is more or less swing type of trading that I am talking about and TRX was able to give good ROI's in short terms. May be this coin is good in a way it goes up so better stick to it and you may see some good returns over it.

I guess I am not the one who you looking for as I never paid for any education or service which will teach me about the trading yet I am good at doing it. I have followed simple steps of trading initially and have learn more complex strategies over the time just by doing it over and over again. Now this might look very much traditional line but I still believe in it and it works for me, I invest money, and if I loose it then study my technique and what went wrong with it so that I wont repeat my mistake again in the future. This has helped me a lot to save my money and time over the different trades. Believe me, you just have to be very simple trader to perform more complex methodologies.

I think it doesnt matter if the ETF conclusions are gonna be positive or not because lets think about the time when there was no thing like ETF which is existed even when the crypto went ATH and without any such support. I guess until the time ETF notices started coming up, the crypto was in good state and if one more time ETF goes off the chart then also crypto may come back even faster because people wont be having any fear of the bitcoin crash or market crash itself and thus it will help people go think about the crypto in positive way one more time and thus they may just invest in it more promptly than the current time.

That would be very far from happening. Youtube and television is entirely different story than what we are seeing in todays world. They are entertain industry and has got no restriction whatsoever. When it comes to the banking sector then it is all about the financial services and stuff which should be taken very seriously by both the entities. Its all about the money sector and when it comes to the money then things can be very much tighten one. Bitcoin is still struggling in its development phase and I believe that it wont make any difference until it become fail safe!

Or it could happen that banks will create a completely a different world of online currencies or what we call it today "digital currency" based on the blockchain itself. I mean why would they rely over the existing crypto currencies or lets say bitcoin if they can invest in creating something of their own and controlled? If they want the end result to be regaining of capitalism then they can do it by selling their own currencies itself. Accepting the bitcoin or other suitable coin would be like going off the route they are having and it may not be healthy for their economical growth. I just believe that banks are smart enough to work out their own math rather than relying on some else's math!