There's a risk when we give out personal information to an ICO however it should still be part of the process. It would be truly chaotic if the ICO is an information phishing scam because the information they have gathered may be used against you. Investors must have some user protection upon submitting the KYC requirements. Having KYC requirements may be attempts to avoid money laundering or tax evasion but the investors should have protection along with it.

Come to think of it, most successful people who are now rich magnates have first worked hard in order to be where they are. WE often hear the story of the poor boy who have risen from rags to riches. Successful business men who started out by being a small time vendor then owning their own businesses, buildings or malls in the future. But I guess they worked smart along with it in order to be where they are. They have outsmarted their past bosses and even became their CEOs because of their wits.

It's possible that the said financial institution (exchange or Western Union) would report that a transaction of $3000 or $10000 has been made without divulging your personal information. This may have been reported to AMLC or an anti-money laundering commission while keeping your personal information private. I'm not familiar with US jurisdiction but in my country, there is a Bank Secrecy Law which prohibits banks providing to authorities personal and account information about their customers and even to the government or other legal authorities. It's possible that a law similar to this is applicable to other financial institutions.

Even the government or legal authorities have unquestionable access to a person's private information. They must comply with a person's rights to privacy and present jurisdiction.

It’s still quite possible. In fact, some other governments  are now starting to declare it legal to trade cryptocurrencies within their country. Others have implicated regulations on the trading platforms and exchanges but nonetheless, it is considered legal to trade. For those who already declared a ban, it’s still possible for them to declare the legality of trading however it is not very likely especially for countries with very strict governments like China and Russia. Islamic countries are also not so likely to lift their ban.

I guess that even those who want to go anonymous cannot avoid the fact that we are surrounded by authorities that would eventually step in with attempts to have some control. Even though bitcoin is decentralized in itself, the use of exchanges and wallets will eventually lead to third party control. Implications of tax may not be avoided but a user still has in their capacity the power to avoid this. The use of regulated exchanges and wallets or declaration of income should be avoided if they would want to get away from taxes.

It's good to have a positive mindset and to always think that you would win because having this kind of mentality would 'attract' and according to the law of attraction: "you attract what you think". However, it's also important to learn acceptance. I think a gambler should also have this in their mindset otherwise they would have a hard time accepting the losses they will have. Let's face it; it's inevitable to lose in gambling. If a gamblers chooses to accept that they will eventually lose, it's going to be less harder for him.

In most cases, the price of a coin will eventually go up. It's just a matter of when and waiting for the right time. There times however when a coin totally dies and this is if the coin has totally devalued and is no longer of used. If this were the case, then it would be time to accept and cut losses. There are tell tale signs when a coin is dying. But if the coin were simply experiencing a dip, then you should simply hold on it until the price goes up again. The only back up plan you can have is to buy several coins and diversify your portfolio so that you don't lose once one coin devalues.

I have little knowledge of Kazakhstan and the "Borat" movie but it's great to hear that such a country would have some interest in cryptocurrency. It seems like their country is moving to make major developments for crypto and even create a fiat-based cryptocurrency. Since their IT sector is growing, it seems like that the technology within the country is on its path towards development. Other countries should do the same and foster developmens for crypto.

What OP was trying to point out is that bitcoin has experienced much worse crashes in the past as compared to the price drop that we are experiencing right after the ath of almost $20K. People have been worrying and saying that bitcoin is about to die just a few months back when in the past, bitcoin has been in much worse conditions. Pumps don't always follow dumps - sometimes the price would rise steadily. It may be seen however that it's but expected for there to be a correction after experiencing a pump.

Long term is definitely better for those who don't have that much can't cope with the price. With gambling, there's a big chance for you to win but there's also equally the chance that you would lose. Trading is not suitable for everyone. Those who aren't capable of controlling their emotions would incur much more loss in short trades. Just now that there's no easy way to get rich, whether it be in short or long trading or in gambling. Even if we teach you other methods, being impatient and ignorant will get you nowhere.

I found IceRock Mining to be a very interesting ICO because as seen from their namesake, it's an actually mining company on the mountains. They have no costs for cooling since they are actually already on the mountains. They are able to save large amounts on cost because they are naturally cooled. Mining is very costly and this ICO has found a way to be more efficient. It's currently in the phase of main ICO and I think that it would be a huge success in the future.

A fiat-based cryptocurrency would allow the government to have more control over it since crypto is generally decentralized. It may discouraging to have that kind of aspect because most prefer crypto for it's decentralization aspect. The anonymity of crypto is going to be a threat for the government and a comprise would be adopting it as fiat-based. That way, it would still be under their control. In a way, it's still going to be beneficial for those in Marshall Island because they would be able to utilize cryptos.

Other than its volatility getting in the way, an additional issue would be the lack of adoption. Bitcoin cannot yet be used as a payment system because although it is already being used globally for payments, there is only limited use. Another problem would be the transaction fee for bitcoin because it is too high. Imagine having to pay for a good then paying more than the amount of the good just to make a transfer. If that were the case, I would opt for other payment methods.

As for now, bitcoin is ideal as a payment system but cannot be realized yet so most see it as a crypto-asset and would rather store it for future value.

This would be good for those who are trading in Mexico because their government has decided to recognize crypto as legal. They have declared to be open to cryptocurrencies and other countries should follow this. However, a disadvantage for them is that through the new regulation, their government would choose which coins would be allowed in the exchanges. Traders would then have a limited choice of coins however this may help avoid the use of said "shit coins".

Most of those who were probably just new and bought last December have cashed out totally just to be able to recover their investment but for those who left some BTC are either probably regretting that they sold some or are now grateful because the price has gone up.

The sharp spikes may be attractive for others to get into btc however they may think that the price frequently goes up just as how it did last December and then would have some doubts once there is a steady drop. The spikes are good for the traders because they would be able to buy and sell within short periods of time.

I have heard that even though a ban for trading has been made, traders were able to find a way around it. They did not stop trading despite what their government has done therefore the ban did not have much effect expect spread some FUD when it was announced.

Considering that a large volume of miners and traders belong in China, their market has nothing to do with the price however may somewhat affect it. It has been said that the recent price drop was caused by Chinese New Year, and since it's tradition for the Chinese to spend luxuriously during this event, many crypto-users from China has cashed out in order to spend. Considering this, the large volume of users within their country can actually have some effect on BTC price.

Those thieves were really good to be able to pull off four rounds of theft. To be able to pull off just one round would already be is already a great feat. They were also able to acquire numerous units which is amazing, yet horrifying. I have heard that Iceland has been using a tremendous amount of electricity for mining, even much larger consumption than what their household uses up so there's no surprise that they have that much mining computers within their country. I hope that something may be done in order to recover them, otherwise it would be a great injustice.

Most translation bounties require that you have some experience translating in the past. Some may require you to submit a portfolio of previous translations however, I believe that there are some translation bounties that would accept beginners with no experience so long as you accomplish the required work without using google translate. You may try translating some literary work just to show that you are capable of translating well. I won’t be able to suggest a specific bounty campaign but you may check the bounties or services section of this forum. There are plenty options for you there.

It’s good that you’ve learned from your mistake of panic selling. Many who have experienced this give up totally because of their fear that they may lose more money in the future. They have been traumatized from the experience and choose no longer to engage in crypto ever again. It’s actually hard to control our emotions. We sometimes say that it’s easy but once we see the charts go red, we have our doubts and sometimes become impulsive.

Yes, because it is important for the crypto-user to be wary and to be secure. The world of crypto is still very susceptible to scams and little can be done yet to catch these scammers. The government is on it's way to step in but for now, we must be cautious because plenty scams are rampant. These scammers are very clever because they are able to fool even those who are already experienced. We must protect our accounts because bitcoin is decentralized and there may be no other way to recover our holdings from a decentralized wallet or exchange.