To buy or not to buy bitcoin is a private matter for everyone. It can only be noted that investing in bitcoin may not be as profitable as before, although it remains one of the investment priorities. Now it is better to invest in different types of crypto-currencies in order not to be mistaken, because now it is rather difficult to determine which coin will be more promising in this respect. Unequivocally, for the time being, it is necessary to keep ethereum, which in any case will develop and grow in price.

Bitcoin, of course, is not a currency. Most of the national money is also not a currency. Bitcoin is officially recognized as a payment instrument only in some countries. In my opinion, I never met anywhere that any country recognized its currency. If ever it is recognized as a currency, it will not be soon. Now the crypto currency has more significant problems than this one.

First of all, you do not need to panic. Now almost all the holders of the crypto currency are in about the same position, as the crypto-currency market has completely fallen in price. The coins you specified are quite promising, so there is nothing to worry about. We just need to relax and expect the rise of the crypto-currency market. Over the past seven years, the first half of the year in five cases has always been not entirely successful for the crypto currency. Therefore, such a general decrease in prices should be perceived as the usual state of the crypto currency, which always ends with its rise.

There are no real reasons for bitcoin to die. Bitcoin on the contrary, recently restores its functionality, so I do not see any reason to sell the existing crypto currency now, when the price for it is so low. In this world, growth does not happen without falls. We need to have patience. Those who now sell their coins to themselves at a loss, then they will regret it.

You do not need to react emotionally to the temporary fall of the crypto-currency market. Crypto currency can not constantly grow in price. Without a depreciation, there will be no increase. Therefore, it is necessary to learn to react calmly to such falls. Of course, everyone has his own temperament and type of character. We are all different and that's why it's impossible. However, everything will be restored soon. You need a little more patience. I think that you will return to the crypto currency. It is quite attractive to those who have already encountered it and are familiar with its capabilities.

If people stop buying bitcoin, this will mean the lack of demand for it, and hence its complete depreciation. That is, its price will be zero. True, it is still difficult for me to imagine under what circumstances this can happen. When other types of crypto currency develop, they begin to interact with each other and it seems unlikely that such an event scenario. In any case, given the large current demand for bitcoin, this is almost unrealistic.

Regulation of the crypto currency is a necessary and indispensable condition for its further development. The Crypto currency can not simply exist on the Internet without its binding to a particular territory and its recognition by the state on whose territory it will go. Regulation of the crypto currency simultaneously means that the state classifies the crypto currency, determines the conditions for its circulation and takes under the protection of the actions of its laws. In most cases this also means the introduction of its taxation. Without this, we can not do without vseravno. It is better to pay taxes and be sure of the legality and stability of their profits in the crypto currency.

On all these requirements of the ICO team about carrying out the KYC audit, I think we need to look from the point of view of national legislation. If the national legislation of your country of residence does not regulate these issues, then you can not send copies of your documents with this verification, but send a copy of someone else's document or your own with the data changed in it. No responsibility for this you will not bear, because all of these requirements for passing the test at the level of amateur performance. Moreover, if such a check is made to pass the participants of the campaign of generosity. The requirement to undergo such a verification of bounty hunters is generally illegal, since we are not investors of the ICO project.

Apparently this is still temporary restoration. Ethereum has fallen along with the general market drop and will also rise along with it. Unfortunately, all the altkoins are still dependent on the price of bitcoin and I hope that one day such dependence will cease. However ethereum has always been and will be one of the best and promising coins and now is a very convenient time for its purchase. When the market begins to recover, the price of ethereum will again increase several times.

At this time, it is already impossible to say that the price of the crypto currency, and above all bitcoin, continues. go down. For a long time bitcoin costs in the price range of 7000-8000 dollars with insignificant fluctuations up and down. Such a correction of bitcoin after reaching its value of $ 20,000, of course, is very significant, but, apparently, it can be considered almost usual for bitcoin. Therefore, it would be incorrect to consider that bitcoin goes to its end in existence.

Regardless of how strong the crypto currency is and will "get on its feet," banks will always exist in any state. The banking system will never burst. Banks are an indispensable attribute of any state. The budget of any country is accepted and implemented through banks. The Crypto-currency with its high volatility can not replace the existing monetary system of banks. If the crypto currency and the banking system conflict with each other, it is likely that the state in this conflict will take the side of the banks and will go on limiting the crypto currency.

We do not need a stable crypto currency, if we do not want to use it as the main money in a certain state. We need not so much the stability of the crypto currency as its independence and independence from bitcoin. To bitcoin did not dictate to the altkoynam how to behave in the price charge on the crypto-currency market. Each digital coin or token must have its own plan and its price growth strategy. And on this plan bitcoin should not influence in any way.

Many countries do not yet take bitcoin and another crypto currency as something inevitable and inevitable. They still do not understand the revolutionary nature of the crypto currency and their blockchein technology, they do not realize the fundamentally new changes that the crypto currency provides in the area of ​​financial relations. However, when the leading world countries legalize the crypto currency and start using it in trade relations between the states, everything will change and all states realize the necessity and prospects of its implementation and use. However, this process is long, there will be more years, and maybe decades.

In general, as far as I know, the crypto currency was not included in the agenda of this summit. About the crypto currency, they only mentioned there that in order to discuss the crypto currency, you need to know well what it is and in this connection decided that for the next summit in July it is necessary to prepare more detailed information on this issue. However, members of the G-20 spoke in favor of the recognition of the Crypto-currency as a financial asset. This is very good news because this already indicates the possibility of recognizing the crypto currency and its subsequent broad introduction in these countries.

What just do not invent scammers so that people themselves will tell them their secret keys. Administration MyEtherWallet has nothing to do with the addresses of wallets and their secret keys. They are generated randomly. Therefore, no update can in any way affect our secret keys to this purse. Therefore, such letters should not be paid attention. Moreover, when creating this purse, we do not leave any information about ourselves and no one can know your e-mail address.

Bitcoin can not just die like that, but even assuming that this happens, it will affect the other types of crypto currency only at first and then they must fully restore their performance. Digital coins are generally a closed system, with their own functions, properties, technical parameters, etc. Therefore, they can completely exist independently of each other. While it is accepted at transfer of coins and tokens and fiat to carry it through bitcoin, is more rare - ethereum, even less often - litecoin, monero and others. However, if there is no bitcoin, the role of such a mediator can be performed by the same ethereum or other commonly known coin.

Charges for transactions of crypto currency can not be regarded as payment of taxes. Taxes are always paid to the state and in this their difference from other payments. Commission fees for conducting transactions are internal payments in the blockchein system for supporting the health of the system and they are paid to miners who ensure the conduct of transactions. That is, we pay a certain fee for the transfer of our digital coins. The state receives nothing from these payments. At the same time, taxes are payments collected by the state, which go to the general needs of society, such as the maintenance of government and administration, the army and the police, the development of nationwide programs, social payments, etc.

At this stage, sell their altoquines in order to buy bitcoin is no longer worth it. Now bitcoin has become less popular and for a number of reasons it may no longer yield the same incomes. Bitcoin should continue to be a priority for investment, but not the only priority. Along with bitcoin, you need to keep ethereum and other coins. Very good prospects have certain tokens and if very well to understand the intricacies of the crypto currency market, then new little-known tokens will bring profits much more than bitcoin. Therefore, you should always keep promising tokens, and for bitcoin leave about half of the funds in this coin.

I read the statement of Professor Cornell Emin Gen Cyr, who said that the mature market should have assets that work independently of each other.

"Indeed, a mature market should be decentralized, and independent prices for coins are untied, each of which is consistent with the future prospects of a particular coin," Sier said.

So far, virtually all the coins are repeating the price movements of bitcoin. So, when do we have a crypto currency market mature enough that coins and tokens develop on their own and do not depend on the price of bitcoin and what is needed for this?

Proceeding from what has been said by this professor, since in us almost all coins are now repeating the price movements of bitcoin, the market for crypto currency is not yet mature. I also still wonder why the coins are repeating bitcoin traffic on the market. Each coin or token has its own functions, plans, tasks, and all for some reason copy the movements of bitcoin. It seems that it should be vice versa. If bitcoin falls, investors should switch to altcoins and they should grow in price. However, bitcoin goes down in price and all kinds of crypto-currency fall with it. Will it ever change? When will the market become mature in this regard?