I don't know if there is a relationship between the existence of jobs and Bitcoin. If there is any, that would not be a direct and significant one. Perhaps if there is, that would be in favor of jobs creation as the shift to cryptocurrency needs a lot of coders, programmers, marketing specialists, and others. As to the national currency, they are indeed threatened. The fiat currency will be replaced with cryptocurrency in the future. But this will be in favor of the people.

I think so, because most of the ICOs that I have encountered pegged the Ethereum or Bitcoin or other accepted coins' prices through the entire ICO period. This is to make sure that their token's value will remain to be fixed also despite the pumps and dumps that happen while the ICO is going on. So, if the market is really down and Ethereum reached as low as $200 and the ICO pegged the ETH price fixed at $500, then in dollars you are somehow gaining. Say for example, the tokens' price is .05 USD based on the fixed $500 worth per Ethereum.

Amazing presentation. I would say I am thankful that you are presenting here clearly and simply the value of holding, which, sadly, a lot of crypto supporters, especially new ones, can hardly find meaning to. The data of the major coins' prices from even a year ago is enough to actually prove that the power of holding in crypto will give us enough gains that cannot be found elsewhere. But I like it when you mentioned how your hours could be spent with other more valuable things when you are holding. And how much stress is avoided.

I understand your position. For me, cryptocurrency installing KYC in exchanges, wallets, ICOs, or even in some bounty campaigns is like bowing down to the governments and its agencies, and their preferences. This is like compromising an integral feature because of the pressure of the old powerful institutions that are themselves the very reason why cryptocurrency, Bitcoin in particular, was invented and got the support of a large community around the world. This is something that I also do not support.

I bet there are many sellers of Bitcoin right now. There are four reasons why people are selling Bitcoin. First is that there are always crypto traders, buying and selling Bitcoin and altcoins is a sort of job they have. Second, selling is one action we can expect from those who came much earlier. Even if they sell right now, when the price is down compared to several months ago, they are still earning profits. Third is that some people really need cash and they have no choice but to dig in their Bitcoin wallet for it. And lastly, there are those who are in panic mode and they chose to be weak and sell their Bitcoins instead of HODLing them.

The crash will come much much later than you imagined. The altcoins are now representing the entire cryptocurrency world as much as Bitcoin. In fact, the entire value of the crypto world is now dominated by altcoins. Bitcoin is now representing less than half of the total market cap of cryptocurrency. Bitcoin will remain to be the number one of them all, but the altcoins will continue to thrive as there are now a lot of different purposes and working economies supporting various altcoins. Somehow, altcoins are actually the fruits of the labor of Bitcoin. Altcoins turn the world into blockchain.

A lot of newcomers here in crypto seem to have such mentality. Perhaps the biggest force that pulled them into crypto is not the technology nor even the future of crypto becoming the main currency of the world, but the misleading promise of easy money. It seems they have got it all wrong. They might be thinking that the road to becoming rich is easiest when you get into cryptocurrency. They are definitely wrong if they thought of it. The result of such mentality is panic selling.

I think so. I suppose it is not wasting time when you are supporting a cause that represents freedom. It is not wasting time to try to exert a little effort to change this world for the better in our own little ways. In addition, I think we are not doing this for naught. If ever we fail, at least we have made a good try and a good deal of wealth. The latter of course is a little controversial. But I think everyone in the crypto world who has been here for a longer time can testify on this. Even a single Bitcoin for now will become a treasure in the future.

Global regulations will always be like that. They will act according to the existing systems and laws. But sooner or later they will be creating ways and means in order to finally accept what is being widely accepted by the people. Regulations will not kill Bitcoin nor the entirety of cryptocurrency. Regulations will only make it legal and properly monitored. It may however be considered both a good and a bad development. Good because that is basically acknowledgement. Bad because anonymity might be compromised.

First and foremost, you can only explain the real Bitcoin if you know yourself the real Bitcoin. The problem is that even those who are in involved in Bitcoin themselves are not really familiar of the real Bitcoin. I don't like to hear people who are supporting Bitcoin but are only after the money they will potentially get from it. Bitcoin is primarily a currency, a digital mode of payment. It is not an investment, much less a tool for those who are trying to get away from the legal way of doing financial transactions.

Your question is so common these days when the scammers abound. Everywhere you look right now, there are failed projects. Failed projects may not be outright scams but then they are still partially liable because they mostly failed because of their own faults. I have seen projects that do not move several months after their successful ICO, after they raised millions of USD from the investors who trusted them.

The problem is that it was mostly the rich who had the guts when Bitcoin was first introduced. There were a lot of ordinary folks of course who believed in Bitcoin when it was still very young. They are already millionaires today. But still I believe that the majority of early adopters were the rich and the advanced in terms of technology and the latest innovation. The poor are always trailing at the back when it comes to the newest developments of the world. Bitcoin offers no such thing as wealth re-distribution.

If I were you, choose the leading ones we have today. I am not using all of them actually. But I believe you will have so many trading choices there and you can also navigate around them pretty easily. Binance and KuCoin are among the top we have right now. I am yet to familiarize myself with these exchanges. I am using, and I can recommend to you as well, Cryptopia and Bittrex. Graviex is a pretty new one which seems great.

Bitcoin is going to die, period. LOL.  You and I are also going to suffer death. Even the sky and the sun and the moon are going to die. This world might also one day perish. All right? But those who are spreading lies that Bitcoin is already dying are definitely wrong. Bitcoin is still very young. It has ahead a very bright future. In fact, I am very positive that the very generous speculation of Bitcoin reaching $100,000 is coming in a couple of years.

You are partly correct and wrong. It is true that hodling altcoins will give you a double profit if the best scenario takes place, meaning your altcoin's value in Bitcoin is rising and Bitcoin's value in US Dollar is also rising. But the best scenario does not happen all the time. There are countless of instances in the past that when Bitcoin rallies, the altcoins will be pushed down so hard. In fact, just recently, we have witnessed that, when Bitcoin went beyond $8,000.

The real value of a currency is found in its purchasing power. I mean, a currency is considered as such if it is used and mutually accepted by the parties involved that it is what it is, a form of payment. You may get what you want in exchange for it and the seller will also give you what you want in exchange for it. That makes a currency a currency. And Bitcoin is clearly functioning as such. Therefore, I conclude that Bitcoin is a form of currency.

It will. Ethereum is just three years young and it has already contributed a lot to the crypto world. It will definitely bring a lot more development to the world of crypto with its very innovative and hardworking team headed by the genius Vitalik Buterin. It cannot be considered a bubble with all its products and innovations. Ethereum should also get credit for the rising popularity of cryptocurrency.

It is hard to curb emotional responses when trading. But we need to stick to the plans no matter what. Even now, I am still struggling to control my emotions whenever hard pumps and dumps are happening. That is the time I am starting to lose my patience. But I always tell myself to remember the days when failures happened simply because of a very strong emotional urge to stray from the earlier plan, mostly out of greed or panic.

Let me be clarified a little. If gambling is haram, is the money used for it is also considered haram? Meaning, gambling money will not be accepted by people sharing your belief? If yes, then the Bitcoins used for gambling should also be the same. But I don't think all the Bitcoins in the same wallet that are earned cleanly and properly will also be considered haram. That would not be fair. It is like saying some money in the central banks are used for illegal activities therefore all the money are dirty and are haram.

This is not even a sound question. How could you gain from your crypto investment when you make the selling by the time the prices go down? That is silly. I guess you have heard already the crypto mantra, buy low sell high. That is always the motto not just here in the crypto world but also to the entire world of investment. You cannot turn it upside down, it will make you poorer instead of richer.