Yeah, the tremendous growth if ICOs are making certain centralized exchanges go into the shadows. I quite remeber when I entered crypto, people used to ask in telegram, "when binance", but I hardly see such messages nowadays. It could also be the market fall that's making them cold, maybe a rising market price will wake up the dead ones. One aspect we should also cconsuder is that, the competition in crypto is wild and hectic. You don't take care, you'll be wiped out within a twinkle of an eye.

I haven't any plans regarding that as such. But you have a good point though! We really need to assess that aspect and get backups for our funds and assets when we're not around. I suggest maybe if you have some children you start teaching then about these things and get them acquainted with crypto, but shouldn't give then access to funds yet. Maybe when they grow up and you think it's the right time, you can keep your passwords and important files at a trusted lawyer and then he may hand it over to your next of kin when necessary.

It could be. I have realized there are many projects that base at Switzerland. It seems they've also set certain regulations there to help favor people who want to set start-up there. Estonia is also another place many ICOs base.

To me I see 51% attack as a fraudulent activity in blockchain, and hence it can be categorized as illegally. It think because the regulations on crypto are still evolving, they might get regulations for that as well.

Well, then I think you'd have to resort to peer to peer transactions then. By the way sorry to all Indians who got affected by this. Anyways I hope they gave you guys some time to withdraw funds from the banks and financial institutions?

That's definitely true. It seems all those metrics form part of the correction we are experiencing. The cryptoecosystem has been experiencing so many different forms of corrective fundamentaks and diminished interest in ICOs is a major contributor. Well, maybe when the market gets better, interest in ICOs will boost...

Well, tentatively the governments say they are doing that to protect cirizens from fraud. Well, Sometimes they might be right because the scam in crypto was high though I think the current market situation is reducing the scam and fraud. But one thing I have realized is that the governments now know that they can also get something from us who're in crypto (tax and maybe the tech) so they've started embracing crypto with regulations.

Yeah that's true. That's the logic here. No one is willing to let go now. It seems all those who wanted to leave have already left here. This same thing happened sometime ago and when market recovered everyone came back. Let's HODL on, we'll get back to where we were very soon.

Last year we experienced a major upsurge in the cryptospace. Everyone is blaming anyone for this even though we're seeing some signs currently that shows we can moon again. I am therefire trying to conducta little study to find out from us (the largest crypto community). What do you think caused this great fall?

You can share your opinion if it's not in the poll. Thanks

Yep, it means when Bitcoin goes down, the alts follow and tge weakest ones die out making BTC dominance even higher (competition reduced). It is the same way vice versa- when BTC moons the alts follow along and hence even the weakest ones get the momentum to skyrocket thereby increasing the overall competition. I think this is the reason why many people ask whether Bitcoin can be overtaken. Well, in my opinion I don't think so. So far as BTC dominates with such a percentage, it shall be veey difficult.

Many countries in Africa are cryotofriendly. I think South Africa is very friendly when it comes to crypto activities. And yes, you can purchase something with Bitcoins in Africa. There are malls that accept that.

Well, Indians have suffered some bad news recently. The Supreme Court has refused to grant them their plea on the ban of exchange between fiat and crypto. That's very bad to hear in this times but anyways we hope a redemption comes soon.

That's very sad to all of us in the crypto community. But one thing I have realized is that fr us to make sure governments keave us alone for us to enjoy our cryptoecosysytem benefits, we'd have to surrender our anonymity to them.

Well the only thing keeoing me going is my hope and belief in the market. I have realized the market can still make a rebound and so i atill continue to hold on to anything that I have. For example, if I had sold some of my alts i wouldn't have enjoyed the recent profit increase over the past three days.

I also side with you. Currently it seems it's being considered an asset rather than a currency because of how unfriendly the governments have become towards crypto. Also, one other interesting factor is that Bitcoin is able to perform the functions of a currency. Well, the debate is still on!!

I don't see the motive dying out. I think we are now going to experience the greatest impact. At first when it came, we thought something of such sort (blockchain) couldn't exist but now what do we see, even the governments who are against have started integrating it. Some have even invested in the study of blockchain. It is going to become better and more utilised.

Wow! i never took the chance to review all the projects that were scam to find out those managed by them. Anyways that's a sad thing to hear from the side of such a reputable management team. They've put their dignity at stake.

Anything can happen with this market and make NEO push up back to that price. Currently since Bitcoin controls the market, I think mooning of all alts happens when bitcoin pumps. That's what we just realized in some few days ago.

Well as I said in this topic, Should the market continue this way for another long term, people will truly understand the essence of blockchain and we'll all realize that blockchain and crypto are not only about 100x, 1000x profits.

Yeah that's true. Many of us are awaiting another bull run so that we can make up for our losses. We all hope this bearish season ends soon so that we can cover up. Anyways as you said, it was a nice experience though!