https://news.bitcoin.com/chinas-position-crypto-likely-harden-under-new-pboc-governor/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

New PBOC Governor Reaffirms Stern Position Regarding Cryptocurrencies

China's Position on Crypto Likely to Harden Under New PBOC GovernorWhilst attending a forum on monetary policy at Asia Annual Conference 2018’s Boao Forum, China’s recently appointed central bank governor, Yi Gang, indicated that the PBOC’s stance regarding virtual currencies will not soften under his leadership.

Yi Gang described cryptocurrencies as offering little to contribute to China’s economy at large, defending the government’s cautious stance with regards to virtual currencies. “In general, PBOC is maintaining tight supervision among virtual currency, in the meantime, the central bank is also exploring a better way for digital currency to play a more active role in service to the real economy,” Yi Gang said.

Yi Gang also again reaffirmed the Chinese state’s design to be globally competitive as a leader in blockchain innovation and adoption.

Good motivation though. If you have been with crypto community for a long time, you will seriously believe in bitcoin as you might have been watching its struggles and achievements. I believe in bitcoin as i am sure bitcoin will certainly have growth this year more than 2017. I have been watching its trend in coinmarketcap. None can beat bitcoin 's growth though authorities ban crypto currencies, it is standing alone facing and achieving every mile stones.

You should be surprised to see some good things happen. You have mentioned sad news above and expecting a surprise? Do you want every altcoin value drop to the bottom? Last three days have been much smoothening. We had spike of $1000 in an hour day before yesterday and had around $100 spike yesterday. We can see a stability in altcoin price last three days. This is more encouraging now than seeing a huge spike. Hope this trend continues and the value hits minimum $10000 by July 2018.

There are chances as long as the current leader is in link with the biggest business personality Mugesh Ambani . Son of Mugesh Ambani has gone through block chain technology and has formed a team under his responsibility. Working on now to release thier own coin, jiocoin. The leader of the government may form its won currency named Laxmi. Though it would take few years, there are lot possibility.

I don't think any other crypto coin can replace bitcoin. Though we do have many coins competing each other to take next place of bitcoin, its hard to reach bitcoin's marketcap. BCH and Maker are behind bitcoin with good growth trend. ETH is on fourth place and its said to grow threefold in its values this year. Maker has silently came over ETH and competing with ECH now.

I always prefer short term investment. I go with coins with high values like, Bitcoin, ETH, Maker, NEO and NEM. I just bought .040 bitcoin day before yesterday. Though i earn bitcoin from campaign every month, i still wanted to go for purchase as i had some money came from other source. I felt its the right time to purchase bitcoin as like other currencies. I always trust in bitcoin and obviously yes, bitcoin would certainly yield me more profits. Planning to buy more coins down the line.

Have come across few sites with same promotions, but its not encouraging to get into the sites or move further. Have much experience in scams and have lost much. So being more aware of issues and tackling them. I would better exchange bitcoin into my local currency and get the things i need either through online or getting into the necessary shops and purchase. This is more satisfying.

Crypto is going to be ruling over the currency market. Number of countries and people who will be aware of bitcoin and other crypto currencies are going more. The bitcoin users lives are going to be enriching and welcoming across the globe. Obviously fiat will be much more competitive with cryto currencies. We may have ATMs around and bitcoin may be around us physically.

Singapore has been a country setting example in many things to other countries. In its cleanliness, responsibility in ruling, treating its citizens, infrastructures and etc, Singapore is spoken out everywhere. Now it is open to adapt crypto currencies. Countries who deny accepting crypto should learn from them. Singapore is going to increase its wealth, name and fame with crypto besides they being always on top of everything. I wish every asian country should start adapting crypto currencies.

Coinbase has completed the acquisition of Earn.com, an app that lets users get cryptocurrency for answering emails and completing tasks. The Earn startup team joins the company and the founder will serve as its first CTO, as part of the deal.

Coinbase’s Latest Acquisition

Coinbase Acquires Earn.com for an Estimated $100 MillionSan Francisco-based cryptocurrency exchange Coinbase has announced today that it has acquired Earn.com (formerly known as 21 Inc). As we reported in the past, the service allows senders to pay users in cryptocurrency to reply to emails and complete tasks. Coinbase CEO Brian Armstrong said: “We’re going to be doubling down on the Earn business within Coinbase, as they have built a paid email product that is arguably one of the earliest practical blockchain applications to achieve meaningful traction.”

https://news.bitcoin.com/coinbase-acquires-earn-com-for-an-estimated-100-million/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

No More Currency Exchange Shops

Government of Iran Bans Foreign Fiat Currencies Exchanges. The Central Bank of Iran (CBI) has announced a ban on the trading of foreign currencies by individuals and companies at private exchanges across the country. According to local news reports, forex exchanges in Iran are now only allowed to buy or sell gold coins “until further notice.”

https://news.bitcoin.com/government-of-iran-bans-foreign-fiat-currency-exchanges/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

Whats really happening with Countries? What is the wrong with the exchanges?

Slightly recovered around $1100 in last three days. We had $1000 hike in an hour day before yesterday. Today we had around $100 growth in half an hour.  Hope to see a recovery bit sooner by end of this month. April has been a good month for financial. Hope this April continues to support bitcoin and other altcoin values to grow by this month end. Happy to see the current correction is moving away allowing bitcoin and other altcoins value to grow in its line.

I would go with bitcoin and real estate. I would love to earn bitcoin and buy properties for my children. Crypto currencies has to occupy its place amongst governments. Until then, its really fifty fifty situation around. There is a fear keeping bitcoin. What would happen if my government do not accept crypto? I don't worry about paying tax though. Love to have bitcoin accepted worldwide and crypto currencies are kept to be assets of everyone. Lets  hope for the best.

The time has come as you expected. But not completely. We could see a slight recover day before yesterday. Today there was slight hike in middle of the day. These are good signs after a long red days. Though news on adaption spread over, few bad news causes the price to be so low. Hope to see price increase by end of this month. CMC growth trend confirms that 2018 would be for all altcoins. every altcoin value is going to be so high unlike other years. Lets hope and watch for it.

I would better choose both as an asset, but to multiply my capital and profits, i would choose bitcoin. Gold does not help multiply your capital but bitcoin and other crypto currencies would certainly support. Gold value do not reallly go up and down. If you look at the price variation of gold , you may not see a big variation. Buy if you look at the price variation in bitcoin, it would be too much. You will either feel to sell or buy more bitcoin when the price is too low. Profits will certainly hit your wallet very soon.

It would take minimum three years to even understand the benefits of bitcoin into India. This year RBI announced its entities not to accept or entertain crypto currencies. But if you look at the fact, we can see en-number of bitcoin users from India have risen more and more. The current government may soon allow a business personality to launch his own crypto currency followed by government's own cypto coin called Laxmi.  

Many reasons behind bitcoin value getting dropped down more and more. Negative NEWS on bitcoin is the main reason behind bitcoin value being so low. Investors being calm waiting for either price to be more high or be so low are the other reasons behind bitcoin value's drop. As values are low, the bitcoin holders are not circulating the coins and this is other reason behind it value drop. Large investors might have stopped moving towards bitcoin and focusing on other altcoin or ICOs. This would be a reason for bitcoin value to be at the bottom.

I really welcome your confidence. Everyone here expects the value to boom like last December 2017. But at times we need to go with the market. Last three months have been so hectic to see. This would be a kind of common move with cryto currencies. Still it really holds back many investors coming forward investing into bitcoin or any other crypto currencies. NEWS on banning and deny in accepting bitcoin and other crypto currencies are the main reasons for its lack of growth.

Me too expect the value to grow by July 2018 as you said. Really had a good pump day before yesterday and today. A good turn back around $1200 in few hours. This is always the right time to buy bitcoins and other altcoins as well. As long as the values of coins are cheaper than any other time, its really clever moment to buy altcoins. When investing in bitcoin, you can always have trust and invest at any time as we trust that bitcoin would keep growing up and the profits would certainly hit your wallet.

Coinbase Uses Crypto Winter to Expand – Acquires Decentralized Wallet Startup

https://news.bitcoin.com/coinbase-uses-crypto-winter-to-expand-acquires-decentralized-wallet-startup/

Crypto winter? What crypto winter! The exchange arguably most responsible for onboarding bitcoin investors, Coinbase, has not allowed sour price levels to keep them complacent, conservative. Instead, they’ve maintained a breakneck pace, forming a venture capital fund, hiring top executive talent, and now they’re gobbling up competitors such as Cipher Browser.

Depressed prices force weak hands out, and ill-prepared businesses begin the sorrowful process of inevitable decline, issuing layoffs and regimes of belt tightening. Such is not the case for San Francisco-based cryptocurrency exchange Coinbase. The billion-plus in revenues, and climbing, company continues to expand its position. Business press has quoted its executive team as patterning itself after Google, including the possibility of going public, and acquiring competitors. 

How you look at it?