I believe the broker who contacted you is offering PMS (portfolio management service). This kind of practice is offered by banks since ages. But when it is with banks, you know they can't run away with your money because you have regulatory authorities to help you. However, when it comes to online, I will suggest you not to believe anyone with your money. Because if something goes wrong, you will not be able to catch anyone or get back your money. So it is better to avoid brokers who offer such services online.


Do you have any proof to prove your claim here? Because I can't see any credible vouches for its services in their thread and you are claiming that you have indeed invested in their service. So a proof of your claim can come handy.

Security is a serious concern for Facebook now as many people are worried about their personal data being used to influence market decisions and being sold off to third parties. Blockchain as a technology with decentralized nature, can certainly bring fresh changes to this segment. I believe I have seen couple of companies trying to bring such platforms in the market like Entle and all.me. But the challenge is to compete with a giant like Facebook. I don't think Facebook will use the blockchain technology in their platform because that will be a radical change and I am sure Facebook can't afford that experiment. However, new platforms using blockchain technology may gain momentum and people concerned about their data security will start using them. 

Registration as a business entity is an absolute necessity if you want to avoid any future problems. Paying taxes is just one part of it. Even though no separate law exists for crypto payment gateway because US law classifies cryptos as stocks/assets and not real money. So there are many open questions yet to be answered by the respective agencies. But when you are building a payment gateway for cryptos, it is a business, so you should not avoid the registration part. If you can hire a lawyer to get those open dots connected, that will bring you some good insights. But paying taxes is not enough.

No. Bitcoin is not created by any government agencies for sure. Governments are not the ones who would create something radically different than the centralized environment we currently live in. In that standpoint, bitcoin is something radically different and that is the reason why it became immensely popular within a very short period of time. If this had been created by governments, they would not struggle so much in accepting bitcoin as a mainstream currency. Since that inclusion didn't happen yet, it is safe to say that bitcoin is not created by any government agency.

If you search the internet, you will see a lot of articles that shows bitcoin is created by CIA or similar to that sort. But nothing is provided as a solid proof that can prove the ground reality.

I don't think the point number one belongs to gambling category. Gamblers are natural risk takers. If some one wants to stay out of risks, he/she would choose some other method to earn money  without coming to gambling market.

I think you are trying to say "fear of loosing" and not "aversion lo loss". Am I right here?

I am sorry to hear about this claim but little sceptical especially when the OP denied to provide the details of the police report he had lodged with anyone in the community or to the FJ support. However, 1.6 btc is not a very big amount for one of the most famous online casino websites like FJ. I am sure FJ will not damage their brand name for this amount. Let the investigation continue and I will keep a close watch on the development.

It took me a while to realize that the post was made in 1995 when majority of the people didn't know what is computer, so it's unrealistic to expect that they will understnd what internet is. It looks valid for the time was posted but we all can see what internet did in our daily life. I personally can't think a day without internet now.

And yes, the OP statement is very valid. People who don't understand what blockchain is today, probably will have to use blockchain in every step in their life in 10 years from now or probably in lesser time.

However, a little change in situation needs to be factored in. When internet was making progress back in that time, governments wanted to adopt it but they faced a huge opposition from the trade and labour unions because they feared that internet will take away people's jobs. But today the situation is other way around. Where people wants to adopt it but governments are facing immense pressure from the Banking lobby because they think blockchain and virtual currency will take away their business. That is major roadblock we are facing currently but eventually we will be able to overcome it.

We can't do anything particularly unless our respective governments ask our opinion just like Australia did. SO when it comes to policy making, our concerns mean a little for them. The policy makers usually listen to the strong lobbies and banking industry is a very strong lobby in every government. It's not a new news that banking industry sees bitcoin as a big threat to their business and that is pretty evident.

For an example, you can refer to the recent news circulating in the market about a comparison between Binance's profit and Dutchese bank's profit in Q1, 2018. A century old organization made a profit of 149 million where an year old company made a profit of 200 million with just 300 manpower. That shows the span of banking industry is slowly decreasing and the gap will be widened further if they can't evolve with time and new technology. So Banks are trying to cut this problem from the root.

But it's good to see that some governments are making cryptos legal but it requires more time. Crypto is just 10 years old and it requires a lot more debate to be accepted as a mainstream currency. But if you ask what we can do, just hold your cryptos and show your love for it. Nothing much is in our hand. We all live in a ballot-box democracy and nothing else. Sad but true!  

There are many gambling sites available in the market so if you are planning bring the same type of games that are already available in abundance, it won't create any impact for your business and you will see hard time promoting it. A successful business is built around great ideas. So first do a market scoping. Make a spreadsheet and list all gambling websites there. Then visit each of these websites and list down the nature of their offerings like Dice, lottery, slots, cards etc. in different columns. You will get an overall picture of all available offerings in the market. Start building up on what is not available in abundance and only a fewer options are available. Like poker is not available in the market in lots, or rummy card games. Build up your business on those games. Then only the gambling mass will be interested in your website. If you build up your business on what's already available like Dice and slots, it will take a long time to promote your website and may be lost in crowd. Hope this helps!

Right! Mostly big economies of the world are opposing the crypto business where the smaller economies are actually seeing it as an opportunity for them to increase their GDP. Small countries like Malta can't do much in terms of production industry because of unavailability of land and workable manpower, so they are relying on the small businesses which don't require major resources and at the same time, can bring in significant number of investment. That is the reason why Malta became one of the major gambling hub of EU. Probably that is the reason why they are now focusing on cryptos.

No exchange accepts only bitcoin as a the main transaction coin. They also use ETH and Tether as well among other coins. So the option you are asking, is already there in the market and we see no significant impact on bitcoin price due to that. We will only see impact only if the exchanges remove bitcoin and accept other coins as main coins. Then we can expect bitcoin price to go down heavily because trading options in bitcoin will be very limited then.

Howeve,r I see no reason to worry about it because that is not going to happen ever. Bitcoin, being the first crypto currency, we be always available as an option. The demand for bitcoin si also increasing day by day, so it is hard for the exchanges to ignore it in any way. 

I seriously respect your confidence when you say the below comment,

"When Bitcoin becomes a major world currency only 17 million Bitcoins will be available to circulate."

The truth is, that the chance of bitcoin becoming a world currency is very less because of its decentralized nature. Governments can adopt bitcoins to be infused in their economy but it will neither become a main currency for any country nor become a major world currency. The reason is bitcoin is not controlled by anyone. The world trade can't be dependent on such a currency which is not controlled by any central authority, thus making bitcoin less important here.

Bitcoin is good in its current form. Expecting more than it can deliver, can actually slump its growth. Let it remain a digital currency which governments can adopt, but dreaming about a world currency can lead us to disappointment.

You know the half truth only! Nasdaq is not going to launch crypto exchanges anytime soon. It all happened during a TV interview with CNBC where Nasdaq CEO said that they are open to become a crypto exchange. However, no talks have been initiated till date for the same. The statement is certainly positive for the crypto market but far from becoming a reality. I have already posted a thread about it and I encourage you to read that here,

https://bitcointalk.org/index.php?topic=3431844.0

Malta moves three steps closer to provide a framework for crypto related businesses and associated peoples by approving three new bills in the cabinet on April 26, 2018.

1. Virtual Financial Assets Bill
2. Technology Arrangements and Services Bill
3. Malta Digital Innovation Authority Bill

The news was first published by a news agency called Malta Independent. They published that, Mr. Silvio Schembri, who is the Parliamentary Secretary for Financial Services, Digital Economy, and Innovation, stated that, "After the laws regarding blockchain, cryptos, and ICOs in Malta are enacted, the banks would become more open to working with companies that deal in cryptos because the industry will have transparency and legal certainty".

I strongly believe that Malta is pumping in some fresh new air into the crypto currency market for good. Even though the details of these bills are not yet available in the internet yet, but I believe it will provide the much needed oxygen in to the crypto market and bring back the credibility in ICOs operating from Malta. Good news indeed!

News source: https://cryptocoin.news/news/altcoin/malta-approves-the-new-digital-currency-bill-11686/

Let us know your view on this!

I don't think Adena meant that Nasdaq will be going full time crypto exchange. So I don't see Google or Microsfot or any other listed entities to release their own token in blockchain anytime soon. She mentioned about a different wing of Nasdaq to facilitate crypto exchange which would be separate than the current one. Just for information, Ripple is a centralized cryptocurrency controlled by a single company. I would say ETH is the future, if not bitcoin. I don't see Ripple as a worthy contender in any way!

I already mentioned several times in replies as well as in the main post that addiction to anything is not good. Be it alcohol, smoking, internet, porn, social media, smart phone, TV or gambling. If you spend 90% of your productive time in social media just by scrolling the newsfeed, it's not good. Similarly, if you are not able to manage your emotion while gambling, that is also not good. But it doesn't mean that, social media is bad or TV is bad. It's all OK up to a permissible limit. As an adult, it is your responsibility to decide your own limit. If you can't do that, it's your failure and certainly not the fault of social media. But you can't blame the social media industry because you couldn't control your emotion. Same goes for gambling industry as well.

Even though I don't like to compare between traditional stock market and crypto market, but to answer your question, my response is NO! Crypto market can't outdo traditional stock market in terms of market capitalisation.

The main reason is the legality. Traditional stock markets are strictly centralized and while listing a company, the stock exchange conducts a very stringent due diligence to make sure investors are getting their value for money. Which certainly increases the credibility of the exchange among investors. Also legality plays a big role in getting investor's money flown into that traditional exchanges.

On the other hand, crypto market is barely recognized by the governments. We still don't have proper framework to invest in crypto market in majority of the countries. There are lot of gaps in the process and procedures. That is the reason why we don't see institiutional money inflow in crypto exchanges. Unless the crypto exchanges are recognized by governments and a proper framework in place, things won't change.

So I personally don't think crypto exchange will not be able to beat traditional exchanges in another 25 years at least.

Yes it can! Bitcoin is the most popular example of it. It is a common phenomena that bitcoin has been created by someone called Satoshu Nakamoto but no one knows him for sure. We have seen numerous people claiming themselves as Satoshi but could not prove anything for their claims. So it is one of the biggest mistries of cryptocurrency world but still bitcoin didn't only survive but remained as number one since the inception. In crypto world, only merit matters.

This community is made for bitcoin peoples as the name suggests. So no wonder that you will see majority of the bitcoin people and not a lot of altcoin people. Also whenever something really important innovation happened in history, there were always a conflict between two groups of people. Bitcoin is ni exception.

I am a long term investor of bitcoin but I personally keep my mind open for any new opportuntiy. I have seen a lot of arguments between these two groups earlier but when it comes to money, I personally prefer to diversify. During late 2017, when crypto prices were increasing exponentially, I made profits not only from bitcoin, but from Ripple and Steem as well.

I prefer to keep an open mind when it comes to money making opportunity. But extremists are everywhere, be it offline or online. So arguments will continue!

Absolutely! Things have not taken any shape yet neither any talks have started on this. She made this comment during a TV interview which shows that they are willing to take this forward if other aspects fall into place correctly. That time will tell and Nasdaq can't decide things alone. But we can't deny that we are slowly seeing a silver lining!