Yes, I agree that the actual use of bitcoin as a means of payment remained only as a fantasy, as a dream. The reality turned out to be more severe. The greed of people was above their logic. They began to buy bitcoin and simply keep it hoping to get superprofits from the growth of its price. However, reality in the end will play a cruel joke and with them. When bitcoin rises strongly in price, all this "digital gold" in one day will be lost due to the inevitability of panic and bitcoin will rapidly fall in price to the level of its practical depreciation. "Digital gold" bitcoin in this case will disappear.
At the same time, if you handle the bitcoin normally, without the rush demand for profit from the growth of its rate, it can very long be used as a means of payment and it will be able to bring people both benefits and moderate profits.

I'm just amazed at such statements. What does the conduct of the KYC check have to do with the success of the ICO project? The only difference is that if such a check is carried out by a fraudulent team, then in addition to the collected money, they will still be able to sell your confidential data. And you in general asked them on what basis they require to pass the KYC check in the campaign signatories ICO, who are not investors?

The fact that South Korea is going to regulate the ICO process is very good information, because we have long needed such regulation. The current ICO is damaging the image and popularity of the crypto currency, given that about half of the ICO projects are fraudulent. Regulation of the crypto currency is an unavoidable and logical development of the crypto currency, therefore such regulation is necessary.

Decentralized crypto currency can and should be regulated, but in addition to the issues of its decentralization. If decentralization is removed, then it will be a completely different crypto currency, completely under the control of states and not unlike money fiat.
In the future, I think, the states will use mostly different centralized crypto currency, and citizens will be able to choose what crypto currency to use depending on the conditions and purposes of its use.

If there are great wars or global natural disasters, it seems to me that it will not be until the crypto currency. People will be primarily concerned with the problem of survival, and not with the problems of accumulating digital types of money. If there is a threat to the existence of mankind, then the cryptoplit can generally be forgotten in the future, so it will not even make sense to pay any attention to it. Can be forgotten in the future, even the technology itself blockchein. In addition, if there are very large cataclysms, it is unlikely that there will be an Internet, and without it, the crypto currency will be just a memory.

Of course, in itself a decline in the price of the currency for the past weekend on average by 10 percent is nothing special for the crypto currency. Simply interesting is the reason for such a sharp drop in the price of both bitcoin and the rest of the crypto currency. If this is due to the theft of tokens from private wallets on the little-known exchanger Coinrail in South Korea, it turns out that the crypto currency is very vulnerable to negative news information. Information about hacker attacks and theft of crypto currency will appear regularly. Is it because of this that the crypto currency will not grow in value?

This is looking at what price to take as a starting point. Now the price of bitcoin has fallen to 6700 dollars. Double cost - 13 400 dollars. If you take into account that recently bitcoin in its value reached 10 000 dollars, then of course, by the end of the year it can grow to 13 400 dollars. Bitcoin without any problems can grow up to 15 000 dollars, but above - not sure. I think that when its price grows, large lots of bitcoins will be thrown out for sale and the price will fall after that.

Judging by the fact that the information on the purchase of bitcoin passed under the first message and remained the only one up to the present, and the message itself was published on December 16, on the eve of the highest price growth of bitcoin on December 17, this acquisition of bitcoin was a very big disappointment in the crypto currency and wrote such a message for a long time he left both the forum and the crypto currency. Well, everyone has his own experience in the crypto currency. Someone wins, someone loses. This business is rather risky.

I do not see the need for the market to wait two whole years for its recovery. In my opinion, the first half of this year is enough to restore it.
On this example of the last, December growth in the price of bitcoin and its further fall, we can see what the rush demand for bitcoin can lead to, which leads to its sharp spikes in price. It would be better if such a demand did not arise, now bitcoin would be higher than its current price, if its growth would be slow.

Since the opinion of the forum participants on this issue is divided, I think it would be nice to apply a compromise solution. Provide the opportunity for bounty hunters to choose the form of payment and indicate when filling out the form during joining the ICO generosity campaign in what they want to receive a reward - issued tokens or ethereum. That would be very cool.

The states have not yet finally decided what is the crypto currency and what status it should have. What is it all about - money, goods, property. financial asset? Until this issue is finally resolved, it's too early to think about its status at the international level. Crypto currency is still a completely new phenomenon in the world of finance, and here nothing hastily should not be solved. Since the crypto currency provides a lot of problems and inconveniences for the state, this process will take a very long time.

Checking KYC does not guarantee anything to anyone. I still understand the introduction of such a check on stock exchanges and exchangers in excess of any minimum transaction size. However, tell me who came up with the right to carry out such a check to the ICO teams, who in almost half the cases themselves are fraudsters themselves and do not pass any checks at all? Is this a mockery of the crypto currency and deliberate discrediting it, then to show how risky this activity is? Now many fraudulent ICO teams are running away, not only with the millions of dollars collected by investors,
but also with their personal data. Who here guarantees what? This is utterly absurd.

This will be a very interesting topic for the thesis. After all, the crypto currency has not been practically studied at the scientific level. Crypto currency can be regarded as a kind of money, because it has the function of a means of payment. To say that this is a commodity, it seems to me that it will be wrong. Each product must have a consumer value. What is the consumer value, for example, bitcoin? Yes, for theorists there is a large field for research.

That's why the money was invented to eliminate all the inconveniences of barter transactions. Barter, this is practically a relic of the past, the Middle Ages. The barter begins to be valued only during the period of hyperinflation in the state or during a period of significant cataclysms, natural or social. We better not go down to barter deals.

For bitcoin and crypto currency in general it would be better if it grew slowly, without strong ups and downs of prices. Then it would be more widely used as a means of payment and less for accumulation, which means that it would not manifest itself as a financial bubble. At the same time, governments would lose their main argument, pointing out now a great risk when investing, because such a risk would have significantly diminished.
Almost the only ones who would lose on this are traders who trade on the exchanges, as the profitability of such activity would significantly decrease.

In my opinion, only the centralized national currency of your country deserves attention, since it can partially replace the national money and provide certain convenience in its use. Other centralized coins of different countries, most likely, will not be of interest to us from a practical point of view.
The situation may be different at the international level when using interstate agreements. Most likely, the states will prefer centralized crypto currency, taking into account its stability and decentralized use in trade agreements will not be.

Bitcoin will in future be used as a currency for the purchase and sale of goods and services. However, it is difficult to say that this will be the main currency. Prevents this use of too much volatility bitcoin. Individuals will use bitcoin as mutual settlements, but how will legal entities and especially at the international level come to show experience and practice.

Yes, we can earn on bitcoin, and can also on cheap and profitable tokens or coins. It all depends on your desires. Probably it will be better to invest a bit in bitcoin and a little bit of altcoyin. If the crypto-currency market goes up, it will rise after bitcoin. After him, all the altcoys will be drawn. Therefore in bitcoin while you can invest and it should still bring a good profit. However, investing in it is already a little risky. The altcoyins have their own risk, especially in the little-known cheap tokens. However, they can bring even greater profits than bitcoin. Diversification of the portfolio in each case must be calculated independently, depending on the specific circumstances.

Bitcoin, as well as in other crypto currency, has a single technology blockchein. Just some bitcoin functions really fell into decay. Bitcoin became slow and with large commission fees. This problem is little by little, seems to be solved. True, until its final solution is still far away.
Bitcoin has a great price, because he has a great credit of trust in people, they think that bitcoin will cope with its problems, especially since there is a lot of talk about both the lightning network and other ways of eliminating its shortcomings.

Everything can be. This scenario may well happen. However, after a panic and a significant drop in price, bitcoin after a while can again restore its position, not reaching already large price values. So it can happen a few times. However, after this, bitcoin is greatly increased in price will not. This will have a positive effect on it, and on the whole of the crypto currency.