There is still a lot of room for growth for bitcoin. It is quite reasonable for bitcoin to hit like $50k. So do not get too affected by the up and down of bitcoin. That is just how crazy the price movement but because of that, that is why it can go even higher.

Government has been relying on tax to growth its own economy. Though tax, it is able to maintain the country and provide infrastructure and government services like schools and roads and buildings. With bitcoin, it does really pose a risk for the government.

Cash is still better than bitcoin because people still know how to protect cash better. Physical item is always less vulnerable to hack or bug exploitation. And actually, bitcoin is got a steep learning curve initially.

I hear about bitcoin is before the 3 spirit of dota 2. It was the best preferred method of payment so we were even go as low as 80% of the price in receive payment in btc. That is also before mtgox got hacked too.

The goal of bitcoin is to be used as an currency in the first place. At least that is how i love into love with bitcoin years ago. It is one of the best payment method whereby it is seller protection, it wont have chargeback, it wont have ridiculous fee, it wont takes days just to remit.

In the long run, replacing money with crypto is possible. However, right now given the technology, bitcoin still have a long way to go. Bitcoin is taking too long for transfer and too limited to transfer. So there is a lot of issue that bitcoin need to resolve.

I would like to clarify that I am being hired by the team to help to spread DATAVLT to more bitcointalk members. So i would like to highlight that having a legendary member to host the thread does not mean that it is a good ico. Everyone still have to do their own due diligent. However i would also like to point out that the Co-founder had met up with me and talk to me for 3hrs on this ICO before giving me the confident to help him promote.

Bitcoin is now being viewed as a holder of value which means that it is a currency. That is why bitcoin has its own unqiue position when thousand of icos are popping out everywhere.

Using the basic of economy, the price of the good is determined by supply and demand. So with the bitcoin rising from 1k to 8k within a year, this shows that the limit supply has encounter a huge increase in demand to justify for the raise in price.

Thanks for helping to spread words to the community. This is a great project and the team is definitely going to make it successful.
(Google translate)
Merci d'avoir contribué à diffuser les mots dans la communauté. C'est un beau projet et l'équipe va certainement réussir.

Thanks everyone for all the lovely messages. Definitely this is a project that has a lot of potential to grow bigger. Do feel free to ask any question in the telegram channel as the dev will be there to help you.

Sure. Do check out our ANN thread. We have tried to explain why there is a need for big data to be on blockchain. And how we can fit into the real world. We are aiming to provide an affordable service to the SME (which can be very costly for them using the current services) using the advantage fo blockchain.

The dev team has yet to decide on the number of users. We will give more updates on the telegram. But given the situation right now, it should be at least 2k, 5k is also a possible target.

Thanks a lot for all the supports that the community is giving to datavlt. We are happy to have so much love from the community.

What information would you like to have? We can try to provide. Also feel free to post on the telegram as the dev team will be there to answer technical qns.

Yup. Now we all are talking about big data. So that is why the team would like to leverage on the blockchain technology to enhance the capability of big data and make it affordability to sme as well. Do check our ANN on how blockchain can help the world to use big data for advantage.

Thanks a lot. They took months of discussion and meetings to craft out their goals and roadmap. They also have working partners which cant reveal yet.

Thanks a lot. They also have a profession of top unversity to be their advisor. And big data is now so important so sme and big companies.

Thanks a lot. Really appreciative of all the effort that the community has done for us. If you need any help, do let me know, so i can help you.

Sure. It is a legit registered company in singapore. They also have a phd from top university as their advisor.

Thanks. Do sure out their video in their website to understand more about datavlt.