Very good news. Swiss banks have always been the benchmark of trust. If they begin to provide services in the crypto currency, this will greatly increase confidence in it. I think the example of Swiss banks will spread after this and not the banks of other countries. They also will not want to lag behind world progress.

I now prefer ethereum, not bitcoin. Bitcoin already has a high cost and its shortcomings with scalability are still not completely eliminated. Ethereum will more predictably grow in price, as its cost is relatively small, and the role of this coin among the crypto currency performs great. It should also be noted that in ethereum, a PLASMA project is soon to be implemented, which must fundamentally solve the scalability problem by increasing the possible transaction frequency to hundreds of thousands, and in the future up to millions of transactions per second. This should substantially increase the value of ethereum.

Crypto currency - this phenomenon is quite new for mankind. The digital currency, as a rule, is not provided with anything. Therefore, any increase in its value outwardly resembles the inflation of a financial bubble. While no one really can not say this is a normal state for crypto currency, or not. We still need more practice on this issue.

So far, there are no real grounds for the market of the crypto currency to fail. The market has already fallen in price for half a year, but this is its condition, it should be considered normal, except that this recession has dragged on for a long time. However, every price drop ever ends, the green days come and the crypto currency starts to grow. I think the second half of the year will be more successful for holders of crypto currency.

China and the United States have banned their citizens from participating in ICO projects in terms of investing in them, as these countries consider such investment very risky and these states are afraid that their citizens will suffer losses by losing their money. Therefore, the KYC test should not apply to bounty hunters who do not invest in ICO projects.

Who will deal with this restriction? Here the question is raised about making restrictions on this forum. I am absolutely against such restrictions on the part of the forum. This possibility is in the company ICO itself and if they deem it necessary, they apply this right to such a restriction. This is mainly done when the payment is made first not in shares, but directly in certain quantities of new tokens a week, or in bitcoin.

The making of ratings is a rather rough and unreliable business. It is created by people without the use of technical means on the basis of only subjective assessments. Therefore, such ratings can not be accurate. They should be viewed, but you should not rely on them completely. In any case, when choosing an ICO investment project, you should conduct your own research and make a decision based on all the information received.

It has never been before that the market was rebuilt for two years. I think this will not happen this time. We see that the crypto-currency market is very volatile and the situation on it is changing very quickly. Therefore, there is no reason to believe that the current market recovery will take place about two years. In fact, bitcoin is already ready to rise in price and lead by itself another crypto currency.

Governments of different countries have already begun to create their centralized crypto currency, and even more express their intention to create it. I think that this will be a good addition to the national paper money. National centralized crypto currency will help raise confidence in decentralized types of crypto currency, as the population will see a serious attitude of state bodies to the crypto currency and will be convinced that this is not fraud and that the state itself recognizes it. The centralized crypto currency of its state can be useful to its citizens, at least at the initial stage. And what will happen next - we'll see. It is unlikely that such a crypto currency will be of interest to citizens of other countries.

It seems to me that in practice investors are more simplistic in their choice of an object for investment among the current variety of ICO projects. However, the topic is useful from the theoretical point of view on the process of investing. After all, many newcomers do not know which side to give up to the ICO project at all.

In the campaign, Jinbi is simply not a very good position with fundraising. The ICO term has already been extended until the end of July, and a few days ago only 17 percent of the planned funds were collected, that is, more than $ 10 million. Since the promised awards were too generous, the ICO team took the right step and began to gradually limit the joining participants and reduce the payments already acceded. Therefore, it is necessary to leave the right to the campaigns themselves to determine when and with whom to impose restrictions. This is an internal matter for every ICO team and should not interfere with them.

As far as I know, the reason why the Indian government does not want to legalize the crypto currency is that they consider bitcoin and some other kinds of decentralized crypto currency too risky for investments. Especially they began to warn their citizens against investing in bitcoin when, in December of last year, it rose to its peak in price and sharply after that it fell in value.
However, to date, there are no official bans on circulation of crypto currency in India. So far, only the Reserve Bank of India has ordered its lower banks not to make any transactions in the crypto currency. Legislators of this country did not adopt any normative legal acts with respect to the crypto currency.

Now it is really very difficult to distinguish the fraudulent ICO project from the normal one. Scammers have learned to draw up ICO documents well and point to them as a team of cryptographers who do not have anything to do with this ICO project. This information is not always verifiable. Joining projects that are known to this forum as managers of generosity, greatly reduces the risk of getting on a fraudulent project, but does not completely exclude such a possibility.

The reasons why people go to ethereum to beat bitcoin may be different. For example, I see that it is bitcoin with its high price that is an obstacle to legalization of the crypto currency by the states that see in the bitcoin a financial bubble and risks when investing in the crypto currency. Also bitcoin because of its price dominance in the crypto-currency market has a negative impact on the entire crypto currency. This can also be one of the reasons why people might want ethereum to beat bitcoin.

Contrary to the forecasts that the price of bitcoin will decrease to $ 2,000, in recent days, its rate has not only not fallen, but it is also growing well, and now, according to CoinMarketCap, is 6,591 dollars. This is a very good trend, indicating that in the coming week bitcoin may continue to grow in price, given the positive forecasts of market experts. So let's hope that the crypto-currency market will soon start to rise and we will finally see how our coins and tokens grow.

I understand that the Supreme Court of India has not yet made a final decision on the suit, if the hearing is postponed on July 20, as indicated in the article referred to. And if the claim is rejected, this is not a ban on crypto currency. Just banks of India will not conduct operations with crypto-currencies. However, let's see what happens next.

Any country has the right to adopt with respect to its citizens the rules and restrictions that they consider necessary to protect them. The US government considers the ICO to be very risky for its citizens and has banned their citizens from participating in them. This position can be changed if most ICOs are regulated by states and the degree of risk of fraud is significantly reduced. However, many ICO teams conduct a KYC check for participants in the ICO generosity campaign so that there are no citizens among them, where participation in ICO campaigns is prohibited by their governments. This position is wrong and illegal. The governments of these countries prohibit the participation of their citizens in the ICO so that they do not lose their money from fraud, that is, they forbid investing in these projects. However, I am sure that the speech in these prohibitions does not mean that citizens can not advertise them as participants in the generosity campaign, because they do not invest in ICO projects. Therefore, the very conduct of the KYC test for the participants in the ICO generosity campaign is illegal.

While in the European Union, that is, in the leadership of this body and in its specific countries are rather positive about the crypto currency. Moreover, in Germany they declared that they had made a decision to recognize crypto currency as a legitimate means of payment, as well as the fact that the crypto currency is exempted from paying taxes for conducting transactions, based on the decision of the European Court of Human Rights of 2015. This means that all countries that signed the 1950 Convention for the Protection of Human Rights and Fundamental Freedoms should take similar decisions in their national legislation. This is not only all the countries of the European Union, but also many other countries, they seem to be now forty one such country. So, in principle, in the European Union there is a good prospect for the introduction of the crypto currency.

States do not approve bitcoin, but legalize it, that is, make it legal. This includes determining the legal status of bitcoin, the conditions for its circulation within the country and the establishment of taxation. It is necessary that certain state bodies, including courts, tax authorities, banks and other institutions and organizations that use bitcoin in their activities, can act not at their own risk and risk, but in accordance with laws and other by-laws.

Yes, I agree with you that it is necessary that people use bitcoin less as a means of accumulating value and more as a means of payment. But now nobody will hear your calls. Everything will be the same as before. Bitcoin will again grow in price and because of bad news and at the same time the manifestation of volatility will necessarily panic, after which bitcoin will drop to very low price values. This will be repeated many times until people are convinced on their own experience that if you keep bitcoin for a long time, it leads to losses. Only then will they stop using bitcoin more as a means of accumulating value. Until they fill themselves with cones on their heads, nothing will happen until then. So far, most of your calls will not be heard. Believe me, there is simply no other way, except for the usual long way through a multiple fall in price.