Liquidity is just one of the factors that makes a program successful for a time being! It's definitely not the only factor that counts! In long term, the project quality and profitability of a project also comes into the picture and that's where everything goes for a toss! If a project is not handled professionally, liquidity will not matter and that's what is happening to a lot of IEO projects nowadays!

We have seen a number of IEOs conducted by big exchanges in 2019, but can you name at least 5 which are still successful?

Know the truth below,

https://www.forbes.com/sites/billybambrough/2020/01/04/no-bitcoin-isnt-going-for-anywhere-near-24000-in-iran-heres-why/#36d4c0f05c98

Secondly, a lot of p2p trading platforms like localbitcoins are not available in Iran. So how the author derived this price? Seems like a classic example of clickbait article and bad journalism!

It's an yearly / half yearly activity of all central banks worldwide. The value of any currency can decline due to inflation or other external factors, so to keep the size of economy intact and to maintain the liquidity in the market, central banks infuse fresh supply of money into the economy.

I don't know how it's helping bitcoin! Bitcoin is definitely deflationary in nature and that's why it's price is supposed to be increased! Fed's infusion of money into economy has no direct relation with bitcoin's price!

I don't know why many people are comparing the bank issued cryptos with a pure blood crypto like Bitcoin! China is planning for a Bank issued crypto which will be centralized in nature. The user experience will be very similar to the net banking/UPI transactions that we use very frequently today! Just the need of physical money will be reduced which will in turn help government to reduce a huge amount of expenses! Banking system will chage to accommodate this transition but the motive of banking will never change!

There's nothing to cheer about because China is not a traditional crypto friendly country.  Don't take them as an example! Rather US is more friendly to cryptos than China!

Ripple is a company issued cryptocurrency. So "less decentralization" is an understatement. Ripple is not at all decentralized! They are actively working with few banks like Kotak Mahindra, Indusind, Santander etc. And they claim to have around 300 clients from mainstream financial sector. They can't be decentralized and serving Banks at the same time for money transmission activities!

But yes, Ripple is a well developed coin. The company is actually trying their best to partner with real world businesses which can bring revenues to the company. So the future of Ripple is good and I have no doubt about it! But it's just not decentralized!

For reference, you can read the below link,

https://news.bitcoin.com/alleged-8b-btc-tulip-trust-expires-with-tales-of-bonded-couriers/

Tulip trust is supposed to deliver keys to around 1 million bitcoins to Craig today through a bonded courier from David Kleiman. And Craig is supposed to use that huge amount of bitcoins to ruin the market and bring BSV into prominence.

For me, it's just a hoax! Read the article and decide for yourself!

McAfee is just an ultra bullish person in crypto world. It will better for everyone if they stop listening to his series of advice because these make no sense at all! I agree that McAfee is one of the known names in the crypto world and he is a very strong supporter of cryptos. But he has just lost his credibility through his useless speculations which is definitely not based on ground realities! Just avoid his speculations!

Absolutely! Just to add, please read the below news as well,

https://economictimes.indiatimes.com/news/politics-and-nation/bjp-gains-in-polls-after-every-riot-says-yale-study/articleshow/45378840.cms

Whenever there is a riot, BJP benefited from it. Our Prime Minister is not a Saint, rather Godhra happened during his tenure where Amit Shah was the Home Minister!

You should start a poll so that the result can be seen by the members!

The decision entirely depends on the country of residence. If gambling is legal in a country and the tax rate is low, anyone would prefer to play with fiat. Online casinos would not have much scope there! However, if gambling is legally banned in a country, the players would definitely choose to play with crypto because of anonymity it offers. So the matter is entirely situational. 

It is indeed a hoax. I would rather redirect you to read an article as below,

https://medium.com/@samwill102244/the-tulip-trust-is-fake-8f1e15fae491

It's very technical but frames out justified reasons for believing it as a hoax. Craig Wright is a know liar so don't worry about it! Enjoy the new year!

When the founder of BCH has no credibility, how can you expect that the coin is worth holding or even mining?? It was always a failed coin and it will always remain the same!

The funny part is that one of the unknown miner of that group is identified by the name as "VSatoshi Nakamoto" and this miner seems to control almost 40% of the total BCH hashrate! BCH supporters should now prepare for a 51% attack, even though it has been technically limited by a feature called "re-org protection" in their algorithm! But it will be fun to see!

For those who doesn't know what is re-org protection, read the below article,

https://blog.bitmex.com/bitcoin-cash-abcs-rolling-10-block-checkpoints/

Hope this helps! 

Apart from the technical gossips and financial fluctuations, I believe the hottest topic of 2019 was about an imposter named Craig Wright who tried to copyright the bitcoin whitepaper and early source code during Mid 2019. And very surprisingly the US copyright office actually granted the copyright to him.

This news came to us as a shocker as we didn't expect this to happen! However, more drama unfolded after Wei Liu claimed the same. But we enjoyed it thoroughly!

What's the conclusion of this post?

I think it's better to visit Wikipedia to know the legal status of crypto assets. See the below link,

https://en.m.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

It gives better overview of the situation worldwide!

I wouldn't deny that power requiment is indeed a pain area for lot of miners and China is cracking down on it heavily. We have also seen few instances where miners tried to steal power from the main grid to increase their profitability. But can you please look at the volume of such instances? A single instance in China, doesn't really describe the picture of the world. This is just an exception!

If a company has taken proper license to operate a mining farm, they had definitely given a power requirement estimate to their local power supply authorities. If a certain mining company is not  having license to run mining operations, they would certainly be closed down by the local enforcement agencies! If someone is doing something illegal, will crypto community take the responsibility of it? Certainly  no!

There are lot of other mining companies being operated worldwide. All of them require energy to run. How many similar instances you have seen?

China is not the world! Their communist government  is not really friendly about bitcoin and other cryptos since its inception. We must not decide on the basis of an incident that happened in China!

There is no correlation at all! Bitcoin is nowhere close to traditional asset classes and traditional investors don't really like bitcoin as an investment. The main participants of the Bitcoin market is tech-savy millennial who likes to take risk and make big out of it, which is definitely different than the investment ideologies of the traditional class of investors. If you try to find correlation between stock market and Gold, then it's valid because Gold has been serving as a hedging instrument for the traditional class of investors. But bitcoin has not yet matured to that level where it can provide a safe hedging against stock market's movement. We still have a long way to go! 

These are just digital representation of the central bank issued currency. For example, if you can buy a McDonald's burger at 4 USD in fiat, same things can be bought by 4 EUSD.


These are stable coins, so holding these coins would not fetch any profit.


Insted of carrying your wallet, you can carry your money in your mobile phone. That's convenient!


Yes, regulation similar to cash currency will also apply to it. However, it wil become very transparent to the government and they will be able to monitor every single transaction that happens using e-currency. So the scope of cryptos are not reducing. People who wants to use cryptos as a currency or as an investment, will continue to do so!

Bypassing internet bannis not a difficult task at all. Anyone with little knowledge on VPN can do it with ease! However, if all countries of the world comes together and plan to ban everything related to bitcoin (highly unlikely to happen) and do it from the satellite that controls the internet, then it would be a big challenge.

Still, we have another solution to it. It seems like two developers have invented a technique to send bitcoin over radio frequency. Read the article below,

https://www.cryptonewsz.com/first-ever-bitcoin-btc-transfer-through-radio-waves/10755/amp/

But, with the growing interest of countries about cryptos, this is very unlikely to happen!

When it was illegal in US? I don't remember! Besides Japan, US is the only country which is working to make cryptos legal. However, the IRS keeps on re-inventing their approach towards crypto holdings and transactions of US citizens! Their tax laws are definitely harsher compared to many other countries, but cryptos were never illegal in US. It is just finding its way into mainstream economy now and hence you can see increasing number of activities around cryptos in US in recent times! The fact is that, cryptos are getting recognized more and more every single day, around the world and definitely in US.

@Money Bhai,

Blockchain training is not really related to cryptos. It is related to blockchain only which doesn't have any relation with cryptos. Cryptos are just one of the use cases of blockchain. Apart from crypto, blockchain can be used in many other domain. So don't mix these two things!

It's really great to know that crypto related FIRs are really less in numbers. But it doesn't really gives us confidence about the future of cryptos in India. The current Indian government is regressive in nature and you can only expect bad news about it.

It's a pretty old news. I don't know why thegivingblock decided to post it now but it was first posted in the month of October this year. Read below,

https://www.news18.com/news/tech/unicef-launches-cryptocurrency-fund-will-accept-donations-through-bitcoin-and-ether-2340347.html

However, nothing has been materialized yet and they still don't have any option available for crypto donations. But yes, it will be great for bitcoin's reputation to be associated with a great name like Unicef. We certainly need such support because crypto market is currently facing a lot of reputational challenges due to so many scams involving cryptos.