That's a good piece of information you have provided but do you have the original source behind it. The numbers you have provided seems big to me. The amount it makes is so damn high. If this is true then there is no chance for Bitcoin to increase in price at least for the next 3-4 months. MtGox really did take away a majority of BTC away with itself. If this continues the price will be impacted badly and people might loose the trust they have in BTC.

To be honest, it is not that easy to identify whether a project/ICO is scam or not. It takes a good amount of time to research about a project. We have to find out what the project is aiming for, we have to know who its developers are and the team behind it and identify whether they are legit or not. Further more, the ICOs which claim to give guaranteed high returns are more or less the scam ones and we should never invest in such projects.

What you are saying is true and I feel the same way about it. I have been seeing BTC from quite long and this year is really bad for it since it is facing continuous declines. Just as the price increased to $11k it fell back to $9k. The price is low today. It can be considered as a good time to buy but then it is has been long now since the decline is still not over. BTC is trying really hard to break the resistance but is failing every time.

Definitely not as I am using Binance from quite long. They do have a verification process to be done but that is only if you are a big player and make huge transactions like more than 2 BTC. I don't make such big transactions which is why I never bothered to verify my account. Everything just works fine for me. So if you don't make such big transactions then there is no need to verify your account at all.

If we look at the charts of Bitcoin from last year,  we can notice that the prices were decreasing until March-April and it was after that the price started to increase and gained a huge spike at the end. If BTC follows the same pattern this year too then we should at least be waiting until April ends so that we can get an insight about how BTC is going to perform over the year. Although anything could happen as we cannot predict crypto's future, we can still believe that there might be a spike in BTC's price in the upcoming few months.

That's really a sad thing that you have paid more amount of fees than the actual transaction amount itself. There is only one reason which I think of about the insanely high fees you just paid.
It can be the outdated version of Electrum which caused a wrong estimation of fees and made you pay high fees. It's better to keep the wallet up to date so that it is secure from bugs and well maintained. You could also use the manual fees option in Electrum but be sure to check the mem pool and provide an optimum fees  before making any transactions.

There was a time when the Bitcoin blockchain and the Ethereum blockchain were filled with numerous transactions which lead to overflow of transactions in the memory pool. This became a problem as confirmation time was increased due to delay in confirmations and transaction fees were getting high due to this reason. Although now the memory pool is less occupied, it still is a bane as the same situation can occur again in the future. This is the only problem which needs to be rectifies in the blockchain. Other scalability issues are almost fixed with the implementation of Segwit.

There are many varieties  of crypto wallets that can be used to store cryptocurrencies. People use hardware wallets,paper wallets, private wallets, third party wallets etc.... The best one among them can be hardware wallet as it provides a physical hardware (similar to pendrive) which consists of a wallet that can store many cryptocurrencies. Some of the hardware wallets are Ledger Nano S and Trezor which are the best ones in the market. You can buy it online too but be careful about the site you buy it from as these days many sellers are scamming users buy delaying the delivery dates.

Buying BTC below $10k is surely a good deal since its price is near $11k now. Although the difference is not much , we can consider the price to be cheap since it is almost half of the price of its all time high. BTC is said to increase drastically in its price over a long term which is why it is recommended to buy some of it right now at lower prices. We can see many big companies investing in it and chances are there that it might skyrocket quickly.The last year itself BTC increased by almost 19 times and is now at 10 times its price than last year. Lets see how high it goes this year.

There is another insight which my friend made me realise just now when I was discussing this question with him. The chances for Bitcoin and other cryptocurrencies to increase in price are quite high during a recession because in a recession/world crisis the price of fiat currencies go down. The crypto market wont be affected because of it and will remain stable in it's price. Now since the price of fiat currencies like $ will go down , will mean that BTC will increase in price.

So the conclusion is that the possibilities for BTC to increase/decrease in price are equal.

Thanks for opening up this question. I would like to see what others' opinions are too. It is quite tough to  predict the future in case of cryptocurrencies and economical crisis is something which can effect the crypto market in any of the way (positive or negative).  There has been no recession since the creation of Bitcoin which is why we can say how will it effect it. In my opinion the economical crisis would strike Bitcoin in a negative way since it is not yet been accepted throughout the world. It would certainly create a panic/FUD in the crypto market and hence there are pretty good chances that BTC will decline.

Well this depends on the company owners to implement the payment method or not. Playstore is owned by google and hence google will require to implement the payment mode on playstore so that users could get cryptocurrencies as a payment. Similarly Appstore is owned by Apple, hence Apple will require to implement the crypto payment mode too. Although there are in app purchases which can be used for crypto payment mode through which users could get cryptocurrencies but then the app should be designed in a way to accept crypto payments.

Looks like the " Crypto Space " is expanding after all. Mercedes taking part in the community is a big deal and can be a medium to attract more people towards crypto.
Although the project doesn't seem more effective to me it can bring many big investors into the crypto community.
I don't think that the project will run successfully for a long term because the concept is too small. If the project is expanded in future then it might elongate the growth but until then the chances for it to make a good impact in the market are very low.

People nowadays don't think much before they invest in any cryptocurrency. Just for the sake of getting profits, they right away invest in any cryptocurrency they are recommended into. They dont do their research properly before investing and then end up in a loss. Much of these are because of the misconception that investment in crypto will make them rich quickly which is purely false.
They dont seek advise from trusted people and start falling in FUDs . I believe people should take time and research on a project before investing in it.

If you want to learn technical analysis just to analyse your trades then you can go ahead with regular technical analysis courses that can be found online. Search for online courses at babypips.com . You will be able to learn the technical analysis but then you should only use it to analyse your trades and not for prediction of price of various cryptocurrencies. I must say that technical analysis on cryptocurrencies is a waste of time since it is volatile in nature and is based on news in the market. So technical analysis won't workout well for trading cryptocurrencies but can be used to analyse your trades.

An impatient person can never make profitable trades for a long term. Patience is the key aspect to make profitable trades. I had lost much of my money in trading during the initial days but later I took a break from it. Tracked my progress and planned on how to make my trades efficient. I would advise you to not to sell your coins in a loss and keep holding tight until the price is enough to get a good profit. I know it's hard but it is the only thing which you can do make your trades profitable.

Although the possibility of Bitcoin going down to 0 is next to impossible we will assume it has gone way down and is in hundreds. Most of the other altcoins will collapse with it too since because there should have been a very strong reason for bitcoin to crash and that reason would then surely create an impact on other cryptocurrencies as well. People will loose trust on BTC and hence would want to convert all of their belongings to fiat and thus there will be a huge economical crisis.
Another possibility is that only if BTC is crashing then the Altcoins might skyrocket. For example if BTC banned but altcoins are not. In this case potential coins will skyrocket overnight.

Any coin will lead to a loss only when you sell it for a loss. So it depends on us if there are any losses done by any coin. It's our mistake if we sell any coin in a loss instead of waiting for the right moment to sell. For me it would be XRP. I had traded XRP for about 5-7 times all this while and every time it lead me to a loss. Although its my fault since I was the one to sell it in a loss. I could have just hold it until it returned a profit.

I have noticed a huge growth of interest in cryptocurrencies from people all over the world. This has resulted in a huge spike of price in BTC and the a huge growth in the marketcap. I do believe that the growth in cryptocurrencies is still not much and yet to be achieved more. Crytpo's potential is more and it's more likely to achieve to more attention in the upcoming years. This would surely benefit the early investors which is why many have started investing in crypto nowadays.

I don't think that Bitcoin will end up like the other financial banking platforms. Chances are there that when all the bitcoins are mined its value may go down but it might even rise up more than ever. It could even happen that Bitcoin's scarcity make it's price jump up more higher than it was thought to be. In this case the banking system will be disrupted if many people start using it by then.  So these articles are just a bunch of another crap posted by another pessimistic BTC fan.