Diversification is the key to a healthy portfolio. It also lowers down the risk of your investment. However, considering the money you have, you will not be making much income if you diversify in to many cryptos of your choice. With small amount of units, you will find it difficult to sell those cryptos after paying the network fees.

So I would suggest you to stay only with bitcoin. With 100 or 200 USD investment, you will not be able to capture a sizable volume to diversify properly and you will end up paying a lot of network fees while seeling these cryptos. So as per your situation, staying with only one crypto of your choice is wise.

I still will vouch for localbitcoin website because you will receive almost money to your bank account almost instantly with the help of "unified payment interface" that my county had implemented recently. For other exchange platforms, you will have to wait for at least 24 hours and the fees is also high. In localbitcoin platform, I often see offers which are a little higher than the market price. The services you have mentioned may be good but certainly not better than localbitcoin platform.

I won't call it as a bubble. Instead it is the dynamics of the bitcoin market which has now become the heaven for the speculators. Because of this fluctuations and the dynamic nature of the bitcoin market, people from around the world is investing heavily in trading. The dynamic nature actually gives more trading opportunity than a stable market. So it is not a bubble, it's just the nature of the market.

Also I believe the entire bubble thing is pre-planned attack to bring down the morale of the crypto community and to create FUD. Don't be surprised, if we find out some big bankers names behind this bubble story in future. We just need to start ignoring such news for our own well being.

That's totally true! Bitcoin's dream run is not over yet. CME group's announcement definitely played a positive role in the recent development in bitcoin price but we have to remember that they have just announced it, not actually started with it. If just an announcement can take bitcoin upto 8.2k USD level, just imagine what the actual implementation can do to it.

Also not just CME group or Square payment, there is another hedge fund called "Man Group" is also planning to get in to the bitcoin market. They are finalizing their action plans and regulatory related paperwork before making the big announcement. With all these main stream adoption of bitcoin, the price will rise more than 70% by the end of this year.

That's somewhat not good for the crypto community of India. The current and the previous government had failed miserably to provide a decent lifestyle, job and healthcare to the citizens of India. The number of Private hospitals are growing in numbers because government has failed to provide a decent healthcare to the citizens. Most of the politicians of India are uneducated.  They don't have the power to understand what internet is, leave alone the blockchain and crypto currency. 

The biggest joke of India is that, you need to be a graduate to get a job in a government office, but you don't need a minimum education to become a minister to run the entire department. So we can expect a very little from them. If Indian government is planning to take a stance in this debate, that is most likely to be negative. I am not having a good feeling about it. 

We need to keep a close eye of the development of incidents. If we see any such banning is going to happen, we need to sell out our bitcoins to the international exchangers and get back the cash. Or else, we need to use it illegally. There's not middle path to take.

Hi Op,

Can you please hide the email address column from the main document so that other people can't view it?? It is really necessary because the public viewing of crypto related email addresses will invite more spam emails. Can you please hide it quickly?

Link 1: https://twitter.com/hyipnewsreviews/status/931614508891521024
Link 2: https://twitter.com/hyipnewsreviews/status/931615509841297408
Link 3: https://twitter.com/hyipnewsreviews/status/931618309551689728
Link 4: https://twitter.com/hyipnewsreviews/status/931932085723340800
Link 5: https://twitter.com/hyipnewsreviews/status/931936311719600128

Eth: 0xb11aAd3222782C216A1B5aa1b12951581F485562
BTC: 18BN5y2mSjH6pbSPjjVgVM9jQdSuijYD4R

Yes, I read the same thing yesterday morning. Initially the price was not that high, but after the recent military coup it has started increasing like anything. I believe, it was due to the Mugabe government oppression, the crypto currency market could not open up in their country. Now that military has taken over the control, people are expecting a better governance now. They are expecting new opportunities to open up.

I don't think it is humanely possible to control someone's mining interest and it's not right as well. However, among the ideas listed by you, I can say rewarding a long term and good miner with incentives can prevent their will to go for another coin. The first idea will discourage the miners and that is bad for the bitcoin eco system. But incentive is the only thing that can keep the miners glued to a single coin.

Bitcoin has become a special and the chosen one because bitcoin is the pioneer of crypto currency world. It has received a lot of appreciation when the blockchain technology was launched and using the similar technology, the other coins are created. So bitcoin is technically the father of all crypto currency and the crypto world as a whole. So it deserves some special respect.

True it is! Bitcoin is truly a global currency in this way. You can send money to anyone regardless of recipient's location within a very short span of time without paying huge fees. 


Again true! Compared to a conventional banking system, bitcoin can send money in a much faster and cheaper way.


I am not sure if I have understood that properly. Yes, users can send payment to anyone as mentioned above.


That's somewhat true! Building business and accepting crypto currency in it is an easy technical matter. The most difficult part is to factor in the ever fluctuating price of that currency. Bitcoin price is dynamic and a seller will have to keep track of that price through an automatic process so that the quoted bitcoin price should not fetch him loss in his business. That is one of the major roadblocks for bitcoins to be accepted as a payment gateway.

I laugh at your losses and frankly speaking, we don't really need profit seeker people like you who just want to earn some free money and then planned to dump the bitcoins. We want a healthy ecosystem for bitcoin where profit seekers like you simply doesn't belong to. We all are here for earning some money, but we don't simply dump our bitcoins for silly reasons.

But I think you have already learnt your lesson looking at today's bitcoin price. Because you expected that bitcoin price will go down after the fork is cancelled, but look now, we are scoring even higher after filtering out all short term profit seekers. Just for your information, that SegWit was called off temporarily, not permanently. We still need to increase the blocksize for faster transaction processing. It will be taken care in future by some other method probably.

BTG is a shitcoin so I never have opted for it. Now this scam made me realize that bitcoin is the boss and no other shitcoin can take over its place. When BTG listed in the market, its price was around $530 and since then it is only loosing its price. Now it is standing at $121 after scoring almost 7% loss in a trading day. I hope the crypto community will now understand that forks are not good for the bitcoin as well as for their funds. Stay safe and play safe, only with bitcoin!

It is very much possible looking at the current adoption rate of bitcoin in to main stream economy. CME group announced bitcoin futures contract. Man Group announced a separate crypto hedge fund and Square payments solution has started usin bitcoin as a payment gateway among others. So if these ventures are successful, a lot of other companies will try to embrace bitcoin which will increase the acceptability as well as the credibility of bitcoin among the general mass. So if these incidents goes positive, there's no reason for bitcoin not to reach 10k USD by December.

I don't not see much risk in saving your bitcoins in a wallet for longer term unless there is a hacker attack. But try not to keep the bitcoins in an online wallet like coinbase or blockchain. Their policies keep changing and you may to be aware of such policy change if you are planning to keep your bitcoins for longer term. Instead try to use offline wallet like Electrum. Just download and install the wallet. You don't need to download the entire blockchain with electrum wallet as it is connected to a central server where blockchain is being downloaded. So whenever you open that wallet, it connects to the blockchain and whenever you close it, it gets disconnected from the online server. It's safe and you will have access to your private key as well. My recommendation is Electrum wallet.  

Cash out of any amount is possible, just need to find the correct broker who can do it. However, you have to keep in mind that, transferring a huge amount to a bank account may raise some alarm and the bank can report such transactions to the Anti Money Laundering department to find the origin of that fund.

However, if a particular ICO is registered with the proper regulatory authority, such hassles can be avoided. Licenced companies are protected in many ways.

That's all about de-centralization. No one has the power to stop others from mining or transacting in to bitcoin. If bitcoin was centralized like any other banking system, that would have been possible. But since it's decentralized, the community can't force their decision. It requires a serious level of intervention and crack-down from Chinese government which can stop miners to mine from their soil. No other person or group can do it.  

October and November is crazy for bitcoin and overall crypto community. We have seen a lot of ups and downs and lots of positive and negative news during this months. While JMP and DBS bank chiefs are trying to discourage bitcoin users by saying it as a ponzi scheme, CME and Man group decided to venture into bitcoin. So a lot of contradiction of thoughts are going on around the market and the bitcoin price remained positive overall.

Now this another news is worth celebrating. Bitcoin is taking baby steps towards mainstream economy as more and more corporate companies are showing interest in bitcoin. I am sure that a lot of other companies are thinking about venturing in to bitcoin now. So the success of CME, Man group and Square payment will have a lot of impact on their decision. I see that the market has already started reacting in a positive manner after a small bad patch of BCH incident.

We will have only 21 million bitcoins in supply by the end of 2023. That is the maximum cap for bitcoins in circulation. So it can't be printed like a government regulated currency. Only a fixed numbers will be mined and  will be circulated.

This is not the right place to post this topic. Please move it to "altcoin discussion". If you are not sure how to move a topic, please as a moderator to do it for you. Also ICO is a very controversial method of raising funds. I hope you will be transparent in dealing with the crypto community by revealing your address and the details of  the people working in your company. The ICO market is full with scammers so a well-written "whitepaper" means nothing to us, if a company is not transparent.

I am not trying to discourage you here, but just setting the expectation right!