Difficult question to ask yourself is if it is dropping after ICO, how would you know it will get back up to ICO price and not drop insanely low ? I mean if it was a good coin on a good market than the price would be higher than ICO, if it is a good coin but on a bad market than everything would have gone down anyway and could make the same profits anywhere, if it's a bad coin and bad market, than it won't get high like others so you should definitely try to check for other coins that would go high instead and if it is a bad coin in a good market than you would make no profit while others are making bank.

Long story short there is a huge risk on getting a coin under the ICO value, if a coin dropped under ICO value than it means there are already better options to use instead.

I have been in this space for over 6 years and I can really judge it from inside and when I say something is bad in crypto I probably say it because I had that issue affect me before. I am not some media personality that reacts to increases and decreases in crypto without really knowing anything about it and just try to get viewership via doing extreme talking. I think the problem with bitcoin is that sometimes it is too stable for its own good and sometimes it is too volatile.

The price has been between $6.2k and $6.8k for over 5 months now and that kills the interest into bitcoin and crypto currency in general, however when it was $3k it went to $20k and went back down to $6k that also really hurt most of us as well (thankfully I got out at $18-$20 range, pure bliss and luck) and that is why most people leave bitcoin because they have lost a lot during bear market.

The price shouldn't be too stable and it shouldn't be really too swinging as well, it should be going up and down a bit but overall go up in a trajectory, for example go up %5 than go down 3% than go up %5 than go down 3% and so forth in the upcoming years, this moody changes constantly really hurts the price and the interest to it.

The tax problem would be the least of your worries. We are talking about sharing it at 50 pieces, if the reward is 1.6 billion dollars than we are talking about 32 million dollars each, I don't care where you live that is an insane amount of money to get and you will live like kings if you can handle your finances.

Nevertheless, we are at the same time telling a dude to accept 32 million dollar as his share instead of getting 1.6 billion dollar and suddenly become one of the richest person alive. Considering 32 million dollar is a lot of money is correct however considering someone would take 32 million dollars over 1.6 billion dollars is silly. The "trust" here to the person who will buy it is insane and I wouldn't trust them even with my 2 dollar.

Why wouldn't I even spend 2 dollar on something like this? Not because I will be scammed, if I am scammed that is fine, however at the rarest most shocking turn of events if we end up winning and I do not get any money from that at all, than I would really turn crazy and don't know what I would do about it since there is literally not much to do about it.

I would even say the first step to be able to get the best from any investment is knowledge. It is always this knowledge that will guide your decision making and for most part of it, a lot of people who are always in a haste, or very impatient or panic easily are the ones who are just after some means of getting rich fast and they never care to understand what makes the future important, and even if you have to take advantage of some short term movements, you still want to be sure you are doing it right with wisdom.

Being patient is a virtue that comes with the ability to know what you are doing at every certain point in time and that is what is lacking in so many people. When a holder loses his faith on a coin, he get panic and then transferring his wealth to another person who may be another holder but he gets for cheaper prices (by considering current market situation).

As per OP, the current down market conditions trigger the process of transferring wealth from pessimist to new optimists. I am getting this perspective view now only but fortunately I am a long term holder of bitcoin and I never turned as pessimist even at hard times like bitcoin broke $6k levels.

Serving life conveniently will actually make more people to come into the space but not everyone and that is why I believe it would not disrupt the trillion dollar global market. We cannot say much for now though, knowing that we obviously cannot tell what the future holds in a way, but one thing for sure is that it would still end up being a part of the whole global market on its own, and for the fact that we are still in the early phase and we have been able to get to this level, I would not be so certain of what could happen in the future.

Cryptocurrency is already a part of the global money market, but of course it is just going to be a piece of the global market and I really do not see it disrupting any other market. I said that judging from the way things are going already now and how countries and banks are looking to benefit from the space and it would make the space be more of an alternative form of investment as well as spending. The global money market is huge and I do not see how cryptocurrency will just easily get that disrupted.

Honestly it is the smartest decision any country can do. You are getting many companies working with up to billions of dollars in their exchanges and mines and so forth in crypto, if you accept them to your country and give them a crypto friendly environment to work within and help them out with any tax or governmental things you will be the winner in the end.

Best case scenario those companies will prosper in your country and pay millions of taxes every year, worse case scenario they will go bankrupt or get hacked and what not and you will get taxes from them for a while and than they will close shop and leave. In both cases you are the winner, you get taxes from them and make money thanks to them, why would any government ever say no to more taxes? Taxes makes what a country run properly and if you are getting more taxes you should always say yes.

I disagree the notion that getting from $10 to $20 is easier than getting from $10k to $20k. It is exactly the same thing that is needed for both of them to happen. We need two things, we need more people interested in bitcoin and for that to happen we need bitcoin to increase a bit and create a huge hype.

Why did the price went from 1 dollars to 33 dollars ? Because the price was heard from everywhere that it went from couple cents to 1 dollar and than it got skyrocketed, same as last year when the price was $3k or so and than it went to $4k and people heard it came there from 900 dollar levels and than it reached $20k because of the hype.

We need "hype" and we need "new people" that's it, same goes for 1 dollar to 20 dollar and same goes for us right now as well. If get more people interested in bitcoin and we get the price to $8k-$9k levels at those moments, we will see 20-30 thousand dollars easily.

On October as well, there was one time when the price really went down however all other times the price went up or stayed same or increased just slightly. Right now we are sitting at the bottom of a price decrease that might really be it, this is all price could fall down to and I think the bull run might come quicker than people think it would.

Everyone here either is a newbie that thinks price of bitcoin goes up every December like last year or an early bird that knows the price does whatever it wants regardless of the price, however think of the whales, whales are the ones that play with the price and if newbies believe the price is going on December and the early birds telling them no, maybe they will use that to their advantage and get bitcoin higher during the last quarter and get richer by just making people believe "bitcoin can do whatever it wants regardless of the month" ideology.

I still hold my believe that price is on the verge of a huge spike very soon.

You actually ended up messing it up with XRP. As far as I am concerned, I would not say XRP is a bad choice nor is it a good choice as that is dependent on every individual entirely. What works for A does not necessarily work for B, and since a lot of people may love the idea of centralization which is a bit strange though considering the way fiat has turned to something else over the years, then I would not blame them for wanting to choose ripple.

What I only have to say is never to pick a coin because of the gains, but pick it because there is a prospect in its future, the gain will come naturally and it will be sustainable. If you look only for profits, you may find success in short term which may land you into the disappointments when bumpers start booking profits.

Manner of approach of a whole lot of people to things is what makes them to always screw up eventually. So many newbie traders today are so much eager to earn than learn and even in the process of earning, they are so much in a haste to make quick easy money but forgetting that nothing good comes easy. People should know that trading is a profession and the only way you can make profit from any market is to have an understanding of what you are doing and try as much as possible to gain some experience from practice first. There is no shortcut to success and those who look for shortcuts always get burned at the end.

Most importantly, seek knowledge. It is only when you know something, which you will be able to make some certain decisions based on that knowledge. Making money from a bullish or a bearish market depends on your level of knowledge as well as your experience to trade any of the markets.

I usually say to take your time to get books to read, make sure you understand them and try as much as possible to jot out some strategies you will want to make use of, practice first with demo accounts and get good with those strategies in all markets, and then if there is a need, which I am sure there would always be, then fine tune the strategies until you get a better result.

Well, that is what the whole idea of centralization is all about which is more like stealing from Peter to pay Paul.
Scam all the way! That is what government has always been and that is what they will always be! Unfortunately those who suffer the repercussions of their decision making and monetary policies or spending’s eventually are those in the lower chain.

The funny thing though is that they always have a way of making people to believe what they want them to believe and that is actually what worries me the most, but well it stopped worrying me since bitcoin came into existence anyway. Let decentralization rule.

Another thing we forget whenever the topic is to use bitcoin as a currency is that this is a global thing that wouldn't have any middleman.

I mean paypals and all similar stuff that allows you to work with other people without directly sending money to them via your bank account helps a lot I am not going to lie, if you want to send someone money from USA to India it would definitely take a lot of time and a lot of trouble whereas if you use paypal to do it that would help a lot and you can do it much easier than bank account to bank account directly without paypal.

However when you do it via bitcoin you do not even need bank account let alone anything else, you just type in their wallet address and than click send, easiest method in the world to send money all over the world.

Hence, we should start using bitcoin as a cryptocurrency by starting spending money digitally, an amazon like website or similar ideas that we can spend money with bitcoin should probably lead bitcoin into currency region instead of investment.

Not only it would be a mismatch it would also go against all the things Mayweather does for himself by promoting his fights because he is his own promoted and all the big bucks he makes is thanks to him marketing himself because he gets all the money almost directly (of course he has people working for him etc as well but he gets the lion share) and this means if he accepts fighting with Khabib he is going into a match no one wants to watch and everyone knows the result.

Even with Conor match there was a question mark about an UFC fighter getting into ring for boxing but at least Conor was a striker, Khabib is definitely not, why would Mayweather work that much for a fight that he would win easily and not make proper money, he fights maybe once a year and sometimes not even that so in order for him to make it worthwhile his opponent should attract a lot of viewers which Khabib won't.

It is not even something anyone can even be concluding at this stage in time looking at how things have been lately and knowing that even though the signs show that we are in an ascending triangle that looks like there could be a possibility for a break out upward and start a new trend, it is still something we will have to wait for time to actually get to decide as far as I am concerned. There is actually no point thinking things now and making unnecessary assumptions as what will be would be and there is nothing we can do about it than to just be patient and see the side the market turns to before the end of the year.

They will always be volatile and hard to predict and there is no doubt about that, but the thing here is that as far as a market is concerned and it is moving sideways, nothing can be said until there is a clear signal. I would not actually expect any serious bull run like some people are trying to imagine, but I would rather prefer to stick with the idea of just sticking with the trends, and seeing if there could be a possibility of seeing us go back to test the previous ATH or not. Time is the only thing we have to tell us what things would be like as well as patience.

Not just you, but certainly everyone can ever know what will be happening in the next minute, let alone tomorrow or next.

Also, what happened in the past should never be an indication for what would be happening in the future and the only thing we have is trend, which is what I believe would be the thing every individual should just stick with that assuming something they obviously cannot tell what it holds in the long run.

The worst that would ever happen is that we breakdown lower and that gives us a chance to buy lower which makes it good for some category of people, or at least we get to see a breakout upward and a new trend. Time will tell!

You have a point, but at the same time, expecting too much from gambling can be jeopardizing. Take a look at it this way! You keep having the mindset that you want to win as that is the basic thing to expect anyway, and without being able to control your zeal to winning, it would really be very hard to curtail that aspect of you that would always want to go overboard.

I understand that unless we want to lie to ourselves, playing for fun could be a misconception as practically everyone who is gambling is expecting a win which is the main reason to be gambling anyway, but even while expecting a win, trying to fix your mind to the idea that it is not always about winning when it comes to gambling and in fact, the chances of losing is pretty huge as well, that would help you to place a limit.

The problem with gambling with real games is that the winner is decided right there, there is no technological ways of gambling on game where casino can check the results automatically. For example lets say there is a website that allows people to bet against each other, you want to play fifa ?

Great you and the person agree on a match and you open up the fifa and play against each other and the winner gets the wagered amount. But wait! What if the loser doesn't confirm the bet ? What if the loser says he actually won? How could you know the result will not be tampered with ?

If there was an API system in the games where a website could check the results and give the winner the money automatically than there would have been a chance of this living up to a major way of gambling option like poker and blackjack levels of gambling and even maybe more however there is no way to correctly check the result from an API system so it is not so far has been going well.

35 years? Have you not heard of people in their 40s and 50s getting addicted ?
As long as you have the wrong mindset to gambling, you are most definitely going to be prone to addiction and there is nothing that will change that until you are able to caution your state of mind.

Yeah, it is a certain thing that youths nowadays are becoming very much exposed to online gambling and we all know that the way young people think when it comes to making decisions and when exposed to certain things, it might only take a grace to not get screwed up in such things eventually and once they become an addict in an early age, it affects a lot of things and they grow into it which is very bad.

Honestly I do not even see the two things similar in the sound it would create. I agree that ufc has been getting bigger and bigger and boxing has not been doing really well like it used to but Mayweather and Pacman fighting is a great event and definitely attracts a lot of people whereas Khabib and Conor are just showmen trying to get more viewers by what they are doing at every corner because they know just from their fighting talents.

Mayweather has been undefeated for a long long time and Pacman was the only person that was remotely close to beating him and the fight had to become really really boring for the viewers for Mayweather to get the game and this time around if they end up fighting I am sure everyone will root for Pacman to beat Mayweather so it would attract a lot of viewers whereas people literally stopped caring about Conor vs Khabib after 2 days.

Isn't their peso worth like over 50 pesos to a dollar ? I mean by that logic even if the higher office takes billions to get there this dude should have couple billion pesos just from one fight, he is doing a second one, lets say he spent the first one on unrelated stuff and did not used any of it to help anyone and get any political gains but even with just a second fight with Mayweather he should make about 100 million dollars at least and that is about 5 billion pesos or so, if that can't get you a decent seat, nothing will.

This dude is a world famous athlete that spent his life on one of the highest paid sports in the world, if he can't make couple billion pesos in a year I don't know who can. He can just arrange a fight once a year and in couple years he would have so much money that presidency wouldn't be a shock.