At last! An article that is not FUD. Market is down again and I think people are just not that motivated anymore to be involved with bitcoin or touch their holdings and an article like this somehow can uplift the spirits. We know that there would be improvement with bitcoin given that it is the most talk about cryptocurrency and its price has a big impact to the price of alternative coins. Transaction fee of bitcoin has tremendously decrease compared to the fees months ago so it is a significant improvement and if the said improvements would be implemented then maybe we can see bitcoin more as a currency than an asset.

I don't think it will be able to replace the future banking system. More people will use and own it but it would remain as that, an asset or a currency and it will co-exist with fiat money. Banks would find a way to not lose their business and they are currently studying or maybe some even started already the implementation of blockchain technology to combat cryptocurrencies. Blockchain is being studied by big companies already and there is no doubt that if ever the users of cryptocurrencies will grow, maybe they would eventually launch their own crypto like what Venezuela did. It would be like a crypto but controlled by banks and government.

I would suggest NEO and XLM. These are large volume coins and included as well in the top 10 in terms of market capitalization.

If possible in the future, maybe you can add more coins so that it would be easy for the people to have access to those coins. Eventually when people are more aware of cryptocurrencies, ATMs would be a go to even if the fee is quite high because it is easily accessible especially if they need it immediately.

I hope in the future more crypto ATMs will be built in our country because there would be more exposure because at the moment, the ATMs existing can be counted by my hands.

No wonder Japan is one of the progressive countries because they can see an opportunity ahead while other countries are still contemplating if they are going to ban cryptocurrency or not. They have the first mover advantage and ever since they welcome crypto with open arms, it seems things are going where it should be and the progress continues. They will be seen as the model country and eventually other countries would follow suit. South Korea is following Japan and I hope they would be as open as them as well. As for the exchange, the more the merrier. The more choices for the traders and it would be good to add another reputable exchange.

As long as it would be considered as asset then the pump and dump will continue but if more people will use it as a currency then there would be less volatility. If we view it in terms of fiat money then its value will be fluctuating but if we do not view it in terms of fiat value then it would be stable like the USD,EUR and other fiat currencies. If mass adoption will continue then eventually we would see values of goods and services price in satoshis not in USD anymore and there would be no pump and dump.

HYIP sites are existing because there are still so many people who invest into it even though they knew it is a scam. Sad thing is that they continue to refer people for their own selfish benefit. As long as they earn and do not even care if the person they convince lost money. It is greediness at its finest. This is one of the reasons why some sites ban the advertisement of cryptocurrency because there are too many scammers out there and many are still willing to blindly invest.

I admit I am one of those people who invested in these sites before because I don't anything about crypto world and the first thing I want to do is to earn so I invested but I never convince someone to invest. Being greedy, I invested more and even though there is a hint that it is a scam I still continued and I lost my investment. I guess people would only learn if they lost it. If they still earn from it then they would continue.

They are afraid to lose their control that's why they combine forces to ban cryptocurrency. The reasons mentioned by OP may be one of the reasons why some countries ban crypto but I believe that behind those reasons, this is their major reason - if they will not ban crypto and more people use it then they cannot monitor anymore the movement of money in which case they would lose control and have less power. We can see that the bankers are more often than not catalyst of spreading fear, uncertainty and doubt because they don't want people to think that using cryptocurrency has some advantages over using fiat money.

Obviously you cannot trade without capital. The problem with this one is that when some people heard that trading cryptocurrency is profitable, they would think of getting involved too and sometimes they even borrow some money to be use as capital. Borrowing for capital is a big no especially if you are just learning to trade.

Learning the basics of trading is important. There are so many trading resources out there and some people cannot even do a simple research what is the meaning of bull and bear market. Do not be afraid to lose because you will learn more when you lose. It is more satisfying being in profit because you made the right move and it is in your plan than being in profit because you got lucky.

It takes time to have some patience in this market. When you are equipped with knowledge then you will be able to control your emotions since you have an idea of what to do whatever happens. If you have a trading plan, knowing when to enter and exit a trade, it is a big help to be patient and wait for the right time. One of the major mistakes of traders is panic buying or selling because they are impatient.

I think this would happen if the government see that more people are getting involved with cryptocurrency and in cooperation with banks, they would make a cryptofiat so that they can still track the transaction of the people and would still get their share through taxes. It would actually be much easier for them because all the data are online so there would be no need for them to ask the people to file their taxes because they know how much to collect and might even just send an e-mail to send this amount to that account to pay for taxes. All data are accessible. Compared to what is happening now wherein some people can get away with paying taxes because transactions are anonymous and cash is not easily traceable, cryptofiat would make the job of those in government more efficient.

As adopters, we should show the people the true usage of cryptocurrency. As for bitcoin, we should use it as a currency/payment option more than an asset because the more people who hold it for a long time and then sell it if they got profit, the continuous flow of the coin will not happen. I know that it is hard for now to use it as a currency because the merchants are limited so you can't totally use it in all of your transactions.

Trust is important as well so that people will start using it. The problem nowadays is that there are so many people who are against it spreading FUD so people has the impression that it is use for bad purpose. This is one of the things that hinders mass adoption. There is also the issue of legality. As long as it is not regulated, some people would be skeptic and would not dare be involved with it.

This kind of news might even be existing for days already but they reserved it for a while so that when they think the time is right, they would release it to spread FUD. For those using technical analysis in trading, it hit a fibonacci level that's why price turn around because of the regular profit taking so I don't know what really cause the fall. Binance has a large volume though so it is possible that those whales release that news after they took profit so that they can buy again lower. We know that there is too much manipulation in this market.

This is a good advise OP! People should know first what their goals are why they are investing or trading cryptocurrency and know the risk involve as well. The problem with the people nowadays is that they immediately invest into something and expect a return immediately because they heard from someone who earn 10x of their money after just a few weeks. Well it can happen but most likely, it is just rare case that you can get a return of your investment in a short amount of time especially if you are just depending on someone else for advise and not doing your own research.

I can see so many people in telegram asking why the price is going down even if it is just only the first week of hitting the exchanges. Well people are just so impatient nowadays. Most of the millionaires wait years before they reach that level and if you are a newbie and expect to be millionaire next month then you should learn more. Cryptocurrency investment is not a get rich quick scheme.

Yes there are so many altcoins that are worthless because the developers abandoned the project. They may be interested in it at the beginning but lose their hope when they aren't successful in their ICO and/or lost confidence. Some are just plain scammers who may have shown interest in the first few months but eventually leave their supporters and investors. Other projects are just so hard to execute and took a long time that the supporters just lose their confidence to the developers and decided to sell their coins. Most of the developers of the coins don't communicate with their supporters and do not update any information that's why after a while their coin is dead.

There are so many coins listed in coinmarketcap but only a few of them have actual projects running and many of them are still just in planning phase and their projects may not even push through. Some coins have problem with their blockchain and are only existing for speculation purposes because it is already abandoned by its developers.

Not to be mistaken for another Jason Bourne thriller, the Edward Snowden papers show a US government/bitcoin connection. The Intercept is reporting classified documents leaked by Snowden prove that the US National Security Agency (NSA) in fact was keeping tabs on bitcoin users globally, as evidenced by a report that’s surfaced from March 2013. The timing is curious, with the ink barely dry on an executive order signed by President Trump to ban Americans from transacting with Venezuela’s Petro coin.

In true spy agency style, the report is filled with code names and numbers as well as the cataloging and cross-referencing of data that ultimately helped them to “track down the senders and receivers of bitcoins,” top secret excerpts reveal. The NSA called its bitcoin spying project Oakstar, and the initial focus of the mission was counterterrorism-focused.

It doesn’t appear that the NSA was randomly targeting people. They at least appear to have been monitoring groups that were using the level of anonymity allowed by bitcoin transactions for clandestine purposes, such as money laundering activities. If you’ve ever wondered what a top-secret NSA entry looks like, here’s a glimpse:

“[NSA agent] is hoping to use the access for their mission of looking at organized crime and cyber targets that utilize online e-currency services to move and launder money. These illicit finance networks provide user access to international monetary systems while providing a high degree of anoymity.”

Here’s how it went down. The NSA was seemingly able to use the sophisticated tools available to the US spy agency to collect and analyze internet data, capabilities that were bolstered by let’s call it a super software program that protected the identity of users.

Bitcoin was one of three areas of activity that were being watched, in addition to Liberty Reserve, which has since been shuttered amid money laundering with cryptocurrencies, and one other. Even though bitcoin isn’t the most anonymous cryptocurrency out there, it was the “No. 1 priority” of the NSA.

Network Access
While the blockchain is a public ledger, the NSA didn’t stop there. They apparently gained access to user computer systems, collecting information such as passwords, user sessions and a media access control address. They also seem to have captured personal info such as billing details and IP addresses. The agency was set on uncovering the connection between what they called “bitcoin targets” and the data they had.

As for the timing of the reveal, it could just be a coincidence. But regardless, the more that the government tries to get its grips on the blockchain movement, the more it seems to only embolden the cryptocurrency community to distance themselves further from the centralized financial system.

Source: https://www.ccn.com/big-brothers-watching-bitcoin-whistleblower-papers-reveal/

You have a dynamic IP address wherein every time you turn off and on your internet, you will have a different IP address. I believe there is a way for you to make it static IP address so that it would not change every time and then bittrex would not prompt to make you log in again because it already recognize your address.

I don't mind doing this every time though because it serves a s a protection for me in case someone tries to access my account. It is more of an advantage than a disadvantage. I don't mind verifying it in my e-mail and logging in again as long as I have the extra protection and it would just take some extra minutes to do this in exchange for your account being protected and one step farther to being vulnerable to hacks.

I saw some technical analysis of it wherein it would bounce in that area and it is spot on so for those people who are saying that TA is not effective in crypto, they are not entirely right because it gives you perspective on when to take profit and when is the right time to buy. Maybe another FUD would be circulated or good news. It would depend on the whales then if they decide to let the price go up or accumulate more by bringing it down. It is an undeniable fact that whales are the market makers so we just have to accept it and just see what their next plans are but their decision sometimes coincide with the TA though. If you plan on buying or taking profit then just follow your TA.

It may not have an effect of the outcome of your bet but it sure does affect how you will react to the outcome. If you lose on a certain bet and you are still positive that you will win then you are still rational and think straight so you will bet according to your plan. If ever you win then there is a possibility that you will reach your target profit and stop gambling or become greedy and bet more. Positive thinking is vital on how you react to a situation.

If you are thinking negatively then there is a possibility that if you lose, you will become frustrated and bet all the money you have and expect a negative outcome. You are not thinking straight so you just bet all you have because you are thinking that you will lose it anyway so why not bet all. Instead of having a possibility to get back what you lose, you bet all of it because you are losing hope.

I want to use bitcoin as what it was suppose to be as a currency but there are just so many limitations because most of what we needed are payable in fiat currency only so we are forced to convert it. Eventually bitcoin would be use by most people but fiat is here so stay and co-exist with cryptocurrencies because we cannot totally shift to cryptocurrency since there is a limitation as well in the technology. Maybe in a hundred years when all are developed and involve in technology then we can shift exclusively to online money but for now it is highly unlikely. It would just be a gradual change.

I expected youtube to follow suit in this as well. With the ban of facebook and google, this is not a surprising move for twitter. Although it will be hard for the ICOs to reach as many people as they can because of these bans, this is also good for the majority of people who are easily swayed by the advertisements that you can have too good to be true returns in a short amount of time. There are exceptions to it as well so I think as long as the ICOs would be able to fulfill those requirements then they are good to go. Otherwise, their only way to promote their campaigns is through bounty campaigns.

I hold and trade bitcoin because it is a big help for me to earn funds to supplement my earnings. There are so many ways to earn money online and earning bitcoin would be one of them. I am also amazed by the technology because it is a big help for the businesses. There are still so many people who knows about cryptocurrency but didn't get involved with it so it is advantage for us who are already holding some coins because once it is mass adopted then it would have a greater value. If you are afraid though of the manipulation in the market then you would not last in cryptocurrency world because it is already a given since it is not regulated. What we small fishes can do in the sea dominated by whales is to at least have an idea of how they would swim so that we can follow suit.