The future of blockchain based cryptocurrencies in India is bright I guess. In India, there are no regulations around cryptocurrencies yet. It is also less likely that the country will bring its own cryptocurrency. With regards to the Blockchain, India can’t be overlooked. It is an incredible nation with more than a billion people who recently experienced demonetisation. That is the time that numerous Indians started capitalizing their cash in Bitcoin and proceed to owe them now. Then they state and call bitcoins as the “next big thing since the internet and computing ". Bitcoin and other cryptocurrencies may not be much of a threat to fiat currencies today in India.

In my view, it's more risky having investment in cryptocurrency because there's a big risk of losing most of our investment or even everything. Cryptocurrency has no intrinsic value apart from what a buyer is willing to pay at a given time. This makes it very vulnerable to huge price fluctuations, which increases the risk of loss for an investor. If we can not deal with the volatility of cryptocurrencies, just look elsewhere for investments that suit us better.

Check out the team and make sure the project is using a platform for the bounty campaigns which provides automatized services and there is not chance of loosing a track and your activities are securely recorded.

Definitely. Bitcoin would still dominate the market maybe 5-6 years from now depending on the circumstances of cryptocurrencies in general. But there is always that possibility of altcoins taking the spot at the top if the factors call for such possibility, like an imposition of a world-wide ban on bitcoin specifically or an enhancement in the blockchain technology that beats in bitcoin in every way.

Altcoins were created to Improve Bitcoin. That’s why we can name them “Alternative BitCoin”. Besides many altcoins are developed because they think they are a “better Bitcoin” but they don’t have what Bitcoin has in terms of being the first, having the large developer community, and having the trust of a network. Others are developed to solve niche things which Bitcoin doesn’t have. If bitcoin fails too early, no altcoin will succeed.

There will be recovery of the market,  but no one knows when exactly it is. I guess there has been a market correction. The market tends to drop when there is negative press or news about governmental regulations involving cryptocurrencies. In a situation like this, the whole market lost more than half of its total market capitalization because of a series of negative events, news, rumours, and government decisions. However if those negative news dissappear and the good ones appear, I believe the market is going to recover slowly.

The future of bitcoin looks promising as of now. I believe Bitcoin will survive in the long term unless a vastly better technology replaces it. The thing Bitcoin provides that people see as so beneficial is it’s lack of centralized control. The centralized control aspect of currencies IS the part that people who use Bitcoin are trying to escape from.

That's true. No bounty campaign which requires newbies to join. The minimum rank that is allowed to join is Junior member. So,  you'd better increase your level rank first before deciding to join a bounty campaign. Good luck.

I guess five years later, bigger institutions will utilize cryptocurrencies. The currencies of today will be different as technologies will continue to improve and better teams will come up with better solutions. Then cryptocurrencies will be more present in our everyday lives. Not just for those that are interested in the space, but for others that have accepted its use due to the benefits.

The value of 'Bitcoin' depends upon the rules of demand and supply. If the demand for 'Bitcoin' increases, then the price will also increase. On the contrary side, the decrease in demand for the 'Bitcoin' will lead to decreased demand. In simple words, we can say that the price is determined by what amount the trading market is agreed to pay. If a large number of people wish to purchase 'Bitcoin's, then the price will rise. If more folks want to sell 'Bitcoin's, then the price will come down.

Bitcoin is doing what Bitcoin always does, its price fluctuates. Don’t just focus on the price, look at the technology’s potential. While bubbles are supposed to burst…when at what stage no body knows.However bursting of bubbles is not the end in itsself .In technical terms its market correction . bitcoin has been volatile in the recent past in the range of 30 percent to 70 percent up or down,  and it's been the nature. Just believe that bitcoin will keep improving.

I guess  there are two reasons why people still buying Bitcoin
1. First, to make a profit from this crazy market
2. Second, to store their wealth in a decentralised method that is not manipulated by anyone.

Let us think of taxes as our donation toward the public good. Taxes pay for public services such as roads, garbage collection, sewer systems, police and fire service, traffic signals, flood control, etc. that are shared by others in our community, our state and the country in which we live. Without taxes there would be no government, no laws, no services of any kind.

The whole idea behind Bitcoin was to create a decentralized currency, a currency free from the Governments and banks. If someone somehow managed to centralized it, that would mean Bitcoin has failed its original purpose and it will become worthless.

There are several cryptocurrencies which are very similar to bitcoin, but their price is much lower. I guess this is primarily due to bitcoin having a big first mover advantage. Bitcoin pioneered the cryptocurrency movement and therefore has the most mindshare of all cryptocurrencies. It leads to more trust in bitcoin than any other cryptocurrency, and therefore more demand, more usage, and higher price.

Ethereum I suppose. Ethereum has gain a lot of traction very quickly despite being quite young. The opportunity to easily all sorts of services on top of it for third parties makes it attractive. It allows crowdfunding, representing things like property ownership, tickets, stock shares and enable safe exchange and trade in these things using the blockchain. That I believe has a lot of value which would make Ethereum interesting for a lot of financial services and other companies.

It's possible for ethereum to  reach $1500 or even more in 2018. However nobody has any idea of the evolution of the price of Ethereum, so everything is pure speculations. It is incredibly difficult to predict where the price of Ethereum will go.

I guess there's no bounty campaign which allows newbies to participate in their project. It is stated clearly in every bounty's rule. Then the bounty campaign usually requires Junior member or full member as the minimum level who can join in the program. It's better for you to increase your rank before joining a bounty campaign.

Fiat currencies will continue to dominate as long as there are nation states and governments are powerful enough to enforce their laws. And it will be a long run for cryptocurrencies to replace fiat money in future.

I do believe in ICO. I guess 2018 will be an even better year for ICOs than before. Besides I see more and more people come into the world of crypto both as investors and new altcoins / tokens. I think the only thing that can slow down ICOs is a complete crash of crypto (which I do not see happening completely) or a worldwide ban (which is even more unlikely as I do not see every county universally agreeing).