I can't really suggest using it for shopping and such since there really isn't a single place for you to spend it to your heart's content. One good usage of bitcoin is to store value and that's pretty much it. Basically what we need now are places to spend but due to the lack of merchants wanting to accept bitcoins as-is, we're in a situation wherein we can only use it for speculative and safekeeping purposes. While there are payment processors and concierges available to cater your needs, it's still better to use bitcoin directly rather than rely on a third-party provider.

Meh, I'd never trust anyone from mainstream media for cryptocurrency predictions, knowing that these guys from CNBC has a reputation of giving the worst advice in a given moment. Might as well stock up and buy whatever I can rather than dump my coins now. Usually when these guys post their own prediction and thoughts about the market, it always goes the opposite direction.

This might not be the best time to buy but still I'm buying, just because of the dude's reputation on predicting market movements (lol).

The vision is great, and the initiative is also good though the niche market is somewhat off if they want to push adoption. Other market areas could be targeted and better results could be extracted, say for example a restaurant, some gift and novelty shops, supermarkets etc. Not everyone travels on a regular basis, and most travelers on the regular are busy doing things and would probably just use their cards for payment and not bother what bitcoins are. Anyway, just my two cents.

ETFs are not the primary reason as to why there should be some form of uptrend. Traders have learn to avoid any decisions based on ETFs as it's still likely to be declined rather than accepted, even if there are already 2 commissioners favoring in the decision. Perhaps when ETFs are approved, that is the time where increases would be seen and the downtrend spell would be reversed. Right now, it's all baseless assumptions and pointless discussions regarding ETFs that don't really add up anything to bitcoin as a whole.

Not really an expert into this subject but here goes my two cents for this matter:

1. It all started when Trump's administration instigated on imposing tariffs on Chinese goods amounting to $34-bn. In return, the Chinese also imposed tariffs on American goods amounting to $34-bn as well. Both sides have their own explanation as to why they imposed these tariffs, but we all know the reason why: being the economic superpower in the world.

2. Chinese have a lot to lose on this side since a bulk of tech and goods comes to the US frequently, and if they were to impose tariff on those, it will be quite a huge loss, though the Chinese can still ship it elsewhere given that most products nowadays are made in China. Meanwhile, the US can ship her goods to wherever she likes given that a lot of countries in this world support American products; the US may not send goods to the Chinese to avoid such dues but she still has some place to take that stash.

3. Personally, I think there would be no direct effect on the cryptomarkets given that this only pertains to certain goods that are being exported by the two countries. Bitcoin is not included to those as it is a decentralized currency not controlled by anything or anyone.

Well by then, I'm pretty sure most miners have already paid their equipment off and they are in profit right now. Also, most ASIC manufacturers align their machine prices based on the current bitcoin prices, so it is still possible that the miners would still stick to their mining schemes and profit all the way while the rest of us are being wary of the thought that it might slip down to sub-$1k level (which, IMO isn't likely to happen). Profitability is always at their side, though some miners with smaller farms might have to give it a rest for a while until the mayhem subsides.

Gold has always been a solid store of value while bitcoin tend to be more on the lucrative side bringing in profits on the most unusual of times. Also, gold's price movement isn't that extraordinary and tend to take months or years for increases to happen while bitcoin always has the opportunity to rise and profit from the fall. IMO, bitcoin will never be gold, though they can coexist especially in terms of safekeeping assets since both can act as storage of value, though bitcoin is more flexible than gold especially in liquidating one's asset.

Upon reading the article, I wasn't able to see what you were trying to convey, perhaps a more fool-proof idea would be nice (?) You haven't discussed anything substantial regarding your title, so I'm afraid that your writing efforts wouldn't be appreciated.


The crypto-market is no longer affected by FUD or any other mainstream news concerning services and organizations built around it, which to me is quite surprising given that only 3 years ago, one simple news from China hurts the market so bad that it feels like the Chinese are the sole controllers of the market.



Not in all cases, see this article wherein executives are reportedly selling their companies' stocks and shares for lower-than-usual figures, releasing the expression that they are selling for a loss. Sometimes, cutting off losses in anticipation of even greater losses is better than losing it all.

Better be safe than sorry, I guess.

The most overlooked aspect of investing would be its security. It's easy for people to invest into something thinking that they can profit off of it while taking security for granted. In the case of bitcoins and cryptocurrencies, everybody is prone to hacks. Heck, not even exchanges with top-of-the-line security measures are safe from hacking escapades made by malicious people on the web. One good thing I learned on keeping a passphrase is to write it down on post it notes individually in their own respective orders. In that way, no one would bat an eye on what does these random words meant especially if you yourself know how to use them when the time comes. Also, never, ever save a copy of any of your passphrase in any of your machines, especially if they contain sensitive information pertaining to your data and your bank, exchanges etc. Some malicious applications can detect these and snoop all the data they want resulting into hacks.

And lastly, stay vigilant, trust no one especially your info and always keep backups in a separate offline machine.

This is not 2010-2011 for social media to have great influence on bitcoin's price movements wherein by that time, only a handful of people are actually involved in bitcoin. It does affect it but not in a very large scale. Tweets on famous twitter handles--be it politicians, 'influencers,' companies etc.--somewhat make traders decide depending on what these handles' comments regarding bitcoin are. Pump and dump groups on twitter also exists, though they don't really affect bitcoin but other cryptocurrencies. What really is affected by these tweets is not the price per se but rather the traders' sentiments regarding any sentiment expressed via a tweet on twitter, IMO.

I'm consistently trading but not consistently profiting, if that makes sense. Entering the world of cryptocurrency especially trading, one must always be ready in incurring losses, and there really is no definite strategy to always profit and rake in money in trading. There are times that you think you are getting a hefty profit and at the end of the day, you end up losing it all and sometimes getting negative income. In this bear market, the only thing worth doing is simply waiting for some slip-ups on the price and buy it, accumulate it, and sell it for later.

They know what's up with the markets with the recent stocks exceeding normal valuation, it is bound to correct at some point in time. Perhaps they are already expecting for the worst, thus selling stocks and shares now rather than selling it for lower value later. I can't really see any correlation for this in the cryptomarket, not unless most of these executives are already knee-deep on their involvement with crypto. Nonetheless, there might be a financial crisis looming since the pattern is somewhat similar to the 2008 recession.

For what purpose? No one would want to send some form of machine to the moon just for bitcoin and no purpose at all. Besides, the amount of money and time it would take is too high, plus the fact that the technology needed to get an unmanned vessel on to the moon would require a lot of engineering feat. We've already sent a bitcoin satellite to beam the bitcoin blockchain all over the world. At the least, this one has its purpose, but sending a ship towards the moon with no definite reason? Good luck on getting a funding with that.

That's the problem when a society switches over something abruptly and without much of the people's discretion. It might seem that this is just a minor issue but this is what older people face when more and more technology is being embedded on our everyday lives; they can't keep up and tend to not change their ways immediately. That's why I don't believe a fully cashless society is possible as soon as possible, considering that the older age groups wouldn't adapt yet and tend to be adamant in changing what they're already used to.

And it's really amazing how far we've come with bitcoin, though some of us expected more in a decade of its existence, for me I'd say I'm pretty impressed coming from a relatively unknown project that only existed in geeky forums for over a year before circulating towards many different channels. The rest is history from there.


I'd be lying if I say I am doing it all for the tech. Of course, holding my coins somewhat gives me profit over time and that's what I do most of the time to make sure that I'm financially secured when the time comes. This is not the only investment that I have and I do have stocks built up, so money is the main motivation why I hold.


More places to spend my coins most likely, knowing that some countries are already trying to shift over to cryptocurrencies, why not make it so that even small merchants are accepting it? In the short-term future, this is not possible considering the high volatility of bitcoin's "price" to fiat. Though I believe that once we shifted to cryptocurrencies, merchants would also follow suit knowing that the payment they are accepting is legal and accepted even by the governments.



Same as yours, centralization. Knowing how easy and reliable it is to store data on the blockchain, it's no surprise that the governments and some private institutions would like to use it for the said purpose of pooling data and using it for whatever reason they might have.

0.1 is nowhere near $65, multiply that by 10 and you get the exact figure.
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With this move, other subscription-based journals in China would surely follow suit, given the popularity of bitcoin in there despite their governments differing stance and fair warning regarding cryptocurrencies. If even the oldest tech publication in China catches up on the cryptocurrency craze, why wouldn't the newer publications and services catch up as well? For sure they'll still use 3rd-party solutions for conversion but still, they started to make something happen by simply opening their window for bitcoin. Hope this continues for other services and marketplace as well.

It is possible, though I would say that it will be the biggest risk you'll take knowing that bitcoin's price is so volatile and once you sold your property, it's done and you can't chase it back anymore. There are a few people in this forum who have done such in the past andhave spent a year or two in anxiety and constant agony seeing the proceeds of their properties diminish over time. Perhaps now they are reaping the reward of their risk and enjoying a huge sum of money today.

Perhaps a higher base price at the end of the year is what really matters at this point. Right now, there are no indicators that we will be having a bullish movement on the last quarter of this year, though it's never too late to keep the hope down already since we know how fast everything changes in crypto. I just wouldn't be counting on it too much knowing that it's not always time for profit and it's just a year after the last ATH and the market needs to accumulate first.

It's actually time for the government to create a clearer legal framework for crypto and to distinguish it completely from securities. Perhaps we could also see what criteria does the SEC have when they are talking about securities and crypto, and to better understand how they end up getting their results for declining ETFs. This is an opportunity for the rest of the community to hear everything out and to better understand what to do with their crypto, and also for the advancement of the regulatory framework concerning crypto and securities.

Everyone's perspective of growth is relative; some people see growth in the lows and some are focused on the highs. As always, the grass is always greener on the other side and one might not be contented on what they might be seeing. For me, steady acceptance of the crypto in global communities is already growth, plus the fact that services are aiming for more secure platforms and whatnot. Price-wise, yearly lows say something greatly about bitcoin's market growth: every year's low is always higher than the previous year, meaning that something is increasing though we're not having explosive price action and broke the ATH.

Growth is present, one only needs to define what 'growth' are they actually looking for.