It would be an extremely obvious answer: no, an absurd idea that wouldn't work no matter how you put it. For bitcoin's price to go back to $1, at the current rates, it would take an extreme disgust and distaste from the investors for the market to crash that high, and if it indeed happens, there's absolutely no way for it to bounce back once more. It's better to transfer that money somewhere rather than put it in an already dead coin (if the said scenario happens.)

While I agree in the context, there's also luck involved in being rich, a bourgeoisie or being poor. When you're born poor, it is your choice whether you'll do something about it. I do not believe that someone will never be given enough chances to turn around his/her fate. On the other hand, there are stupid rich assholes who just inherited their money but don't know shit about doing anything useful with it. Either way, it's always a matter of choice between the involved parties. If you're stupid enough to stay poor, then it's your fault and not the people around you.

As of now, nobody knows for sure. One thing I'm certain of is that the miners' incentive would solely rely on the tx fees on the block, and if there aren't enough fees to make money, plus the fact that bitcoin didn't boom too much, it will slowly die and everyone would just transfer their funds into newer assets. It is entirely debatable what will happen 122 years from now, but in the short-medium term, it is more likely that people will get the hang of bitcoin and the cryptocurrencies given that it is starting to ring some bells in their local governments. The next 5-10 years would be the most crucial stage in which bitcoin would face. It's either people would like it or people wouldn't, and would just move into another cryptocurrency of their choosing.

It's hard to create a generalized regulation in terms of financial dealings since for every country, there are different cases in which a generalized law can leave holes and gaps that wrongdoers can exploit to their heart's content. Perhaps a universal 'guide' on how to deal with cryptocurrencies would be a great help, and countries can adapt it, make a variant or add some spices to the said 'guide' to cater with the domestic transactions taking place within the country. I'm pretty sure this will take a lot of effort, but seeing that most countries are geared toward blockchain and cryptocurrency adoption, all efforts wouldn't go to waste and if anything, help lower the amount of illicit activities concerning bitcoin and other cryptocurrencies.

I happened to use these machines once in Makati (in the Phils.) out of curiosity and after doing ins and outs, I managed to get a net gain of 430 out of the 500-peso bill initial deposit, which hints that the machine takes 7% service or 'convenience' fee which I think isn't that bad when you only do small deposits and withdrawals. It's still better than exchanges when it comes to convenience but AFAIK, these machines can only dispense a certain amount of cash every day, so the question of effectivity and feasibility still stands. Nevertheless, these ATMs make the curious mind dig deeper, thus creating some form of interest from the unknowing Joes and I think that's good.

I don't know what's happening in the Indian cryptocurrency scene lately apart from its central bank releasing a circular regarding banks doing business with exchanges. This--as was assumed and discussed before--creates a free market in the form of P2P trading which is still a viable option when one wants to procure or sell his/her bitcoins. This, IMO removes the notion that people should follow the exchanges' movements and would act independently from these platforms, creating an entirely different environment with different market movements. Perhaps this is just a short-term rise since the Indians are still vigorous with their renewed contact with bitcoins due to the rise of P2P.

There isn't a confirmed trend as of late, and the fluctuations in the market are somewhat normal considering that millions (?) of traders are changing hands for bitcoins every single day. Also, the price consolidated @ $6500 with some slips back to $6400 that doesn't last long, yet with that kind of strength, I don't think the price is ready to take even $7000. It will take a huge price jump for yet another trend to start, but right now, prices are range-bound and I expect to see stagnant prices until the end of July.

I have had a '98 Eclipse which I inherited from my uncle. Unfortunately, I had to sell it since it eats a lot of fuel along the way, and seeing the state of traffic back in the Philippines, it really isn't worth it to ride your own 4 wheels if your work is only 2-3 miles from home. Also, I don't think a car needed its wheels to be replaced every year if you're only driving an aggregate 3650 miles a year, not unless if you use your cars into drifting and creating donuts on the pavement because why the hell not. For people who live on the countryside, a car is a necessity. Just imagine the time you'll be saving driving to your work instead of waiting for the earliest bus. But of course, one must still consider his/her financial means when acquiring a car, so there's that.

You're not really connecting your blockchain.info wallet into their systems or leaking your credentials whatsoever; you're providing them your address for payouts. Nonetheless, it's still a scam, or should I say a losing investment since you'll never live to see the fruits of your investment due to their unfair system. Maybe 3-4 years back, you can actually make a profit off of these mining sites, but now with the current difficulty? It's impossible to even make a cent with such a small hashing power. If possible, stay away from these types of investment since it's a rip-off; they'll gain all while you gain nothing.

There would come a time when the governments would be chasing these guys down for doing such things. It is illegal, yes, and it's fraud in some way. They let the people know that a certain asset/stock/coin is on fire by artificially pumping the coin only to dump down on the poor ones who bought in at the scam. This should be punishable by law however, it is hard to track these guys down but it is still possible if the exchanges would cooperate. As the market matures, It should be weeded out of bastards so that the market will continue to thrive and people would support it.

These two leaders seriously need to get on their heads, but then again America will have the greater advantage knowing that their imports don't even land on Chinese soil but mostly in other countries in the Southeast Asian region. China on the other hand needs America more on the said trading relationship. China depends on some American conglomerates to distribute their goods, and due to this, it may give the Chinese a hard time getting those products all over. What I am worried about are the consumer electronics that are mostly manufactured from China. It would somehow be a big blow on the tech industry but then again, it's not that severe yet.


Trump wants to make America great again, so he just used one of the many advantages the Americans have over the Chinese, and this is clearly a nice play, I might say.

I don't remember the price getting to $11k between May and June. Also, exchange hacks aren't the only news airing on the crypto ecosystem during those times, so the market movement isn't dictated by the news of hack alone. However, as of late, the market doesn't react that much to hacks and tend to keep on going no matter the weather, and we could clearly see that the Bithumb hack haven't really made a lot of fuss since the market is already tanking anyway. It's amazing how people learned to not get swept by these types of news and kept on holding despite the massive setback it could have been for the price.

Store it in a machine that will not be used in the internet or use the good 'ol paper wallet. These types of cold storage ensure that the integrity of the wallet data is preserved without being compromised. If you ever need to get the balance out of it, just sweep it and it's done. It's not as complicated as it was before, or not that hard given that we all know how to do it and a quick search on the internet provides a multitude of results instructing users how to do such. Even an old smartphone which can download a mobile wallet can serve as a cold storage and I'm using one right now.

Ha! I can easily recreate an article just as this one explaining why USD may soon be worth nothing. It's also only a confidence game and when people's confidence is gone about it, see how high the fall would be. Mind you, USD isn't backed by anything except the US gov't which is still up to now pumping money on their economy relentlessly. That in itself suggests that it's losing value a lot faster than normal inflation. As for bitcoin, many of these 'writers' only look at the way how bitcoin fell from an artificially-made price which bitcoin users know would not hold for long. Similar articles appeared after the 2013 ATH lost momentum, but where are we right now?

There's really not a single incentive for the masses to buy bitcoins as of late, limiting the trading action to a few traders and market movers. Also, the market's confidence about the coin is still low, causing a stagnant environment as of late. No one new buys it, just the same old hands playing the cards wanting to make a profit. Support levels are in place, with the resistance on the other hand being a stronger force between the two, so it can't go up that much, and it didn't go lower than $6000. Just your normal tug-of-war between players who all want to make money without any serious motivation involved.

Margin trading is just another form of trading, only with borrowed funds. Now, there's nothing wrong about shorting bitcoin whenever the market is down. It only gets messy when the market suddenly shifts the tide and began rising without further notice, that is then you'll lose your position and the chances of you profiting becomes limited. Personally, I'd stick to the buy-and--hold strategy. True that your funds will be idle once you started keeping your coins but then, any profit made would be yours without risking of losing it, and it will just wait for you to sell them once you deem the opportunity is right.

In part, this is circumventing the regulation or the law, but if there isn't any passage that restrict this on the new regulation/paper published by the RBI, I doubt you'll be in serious trouble since the funds came in from Paypal and not directly from an exchange. It's actually a gray area but for me, you cannot be upheld for such thing knowing that you understood the law clearly: it came from your paypal account the moment it left the exchanges' vaults so IMO you're all good, unless the Indian government is a total jackass and will insist that you did something wrong no matter what.

There are a lot of uses for the blockchain tech that isn't limited only to cryptocurrencies. Other banks and big names in business are trying to see whether they can integrate the said tech into their own platforms and protocols, and the way I see it, blockchain would be very useful in logistics which require sorting and arranging data. Literally almost every automated service can integrate blockchain if the engineers can be so kind to learn about it and make things easier for the end-user. Our future would, I think, be largely blockchain dependent and may spark yet another industrial revolution.

How can one party identify who controls a specific address? Moving funds around isn't really that bad, and it's possible that it's just an exchange moving their coins to a new address in order to minimize the risk of getting hacked. Hoarding also isn't a problem since this isn't any state-issued currency and there are no legal implications if one decides to hoard his/her coins. I don't really get the fuss around whenever a huge amount of coins are being transferred. It's not as if someone would dump it in an exchange which, IMO is a pretty dumb move.

If they realize that there's a lot more to bitcoin-related trades, they'd surely reconsider, specially that they can closely monitor the money going in and out of the banks and exchanges. Taxes would surely turn their heads and decisions around once they figure out that it can make millions a year. Idk what are they trying to protect in banning such kind of trades. If they regulated it closely, they don't have to worry about fraud and money laundering which I think is the common theme countries use as a reason as to why they don't like cryptocurrencies.