This looks like a good project. Good luck on this new altcoin. It looks like it has a promising future. Good idea to store coins now while they are cheap!

Bitcoin address: 3CEykyx3EY8XezPTdfGvbB8fRLSniL8A4J
Telegram username: Liberty

Ok I think this is a typo since the first cryptocurrency which is Bitcoin started in 2009. How in the world would they put up an ATM for something that has not existed yet? Unless we involve time machines and stuff lol.

Ok I researched this a bit and it is indeed 2014 that they had their first BTC ATM. Here is a tweet from an article:

https://www.coindesk.com/africas-first-bitcoin-atm-ready-may-launch/

1st African BTC ATM
@ZABitcoinATM
 Our next Bitcoin ATM will land in Cape Town, soon. We are open to suggestions as to the most convenient place for our users?

2:36 PM - May 20, 2014

I agree as well it is funny! The first picture really is usually true for people that Hodl as they are waiting for the price to increase and can't move their investment. They will never earn money when they never sell.

On the other hand the 2nd picture, for me, will only be true if those that sell have hodled correctly and does not represent all of the sellers. Those few you have done these are the lucky ones and not all that sell are winners.

While I do agree with your bolded statement I think your thinking of Investors and defining them as traders. Investors as you mentioned HOLD for a long period and usually let the cycle run its course. Traders on the other hand are the ones that buy for the sake of selling them in short period of time to gain and those are the worriers that keep popping up and creating new threads here because they are losing money.

Their fear stems from constantly looking at the prices everyday and thinking that if they sell now they can minimize their loss because their thinking is being influenced as well by all those media experts saying that bitcoin is going to die. They can't help it because they are losing money now, and they want to do something about it, they can sell now and lose only some or they can login to bitcointalk and rant all day long that they are losing money which I think is the case for most of them here.

Here I found their blog with that picture for you:

https://blogs.imf.org/2018/05/30/our-digital-future/

“Money makes the world go around,” Liza Minnelli famously sang in the movie Cabaret. Money has for centuries been central to human relationships. Loss of faith in its value can result in economic and political instability, even war. In the past few years, financial technology—fintech for short—has caught the world’s imagination by offering alternatives to traditional means of payment. Will digitalization redefine money? In this issue, we explore the possible consequences, good and bad.

Traditionally, money has always been an expression of sovereignty, writes Harold James of Princeton University—even if states at times failed spectacularly to guarantee its value. Today, most experts agree that so-called cryptocurrencies do not possess all the core attributes of money. But they also believe that distributed ledger technology, which underpins such assets, has the potential to transform payment services by removing the need for an intermediary. This would reduce the role of central banks and weaken state authority over the money supply. Indeed, that was the political motivation behind Bitcoin, the first decentralized digital currency.

Swedish central bank governor Stefan Ingves points out that, at present, only 13 percent of transactions in his country are settled with cash. If banknotes and coins have had their day, then soon the public will no longer have access to a state-guaranteed means of payment. That is, unless central banks redefine their role. One possibility would be for central banks to issue their own digital tokens—a solution that would require careful consideration of choices and policy trade-offs, says the IMF’s Dong He.

Worries about the misuse of financial technology should be weighed against its potential benefits to society. IMF Managing Director Christine Lagarde offers the following advice “Above all, we must keep an open mind about crypto assets and financial technology more broadly, not only because of the risks they pose, but also because of their potential to improve our lives.”

What I think are the dangers of using 3rd party Wallets:

1. Access - Because the website is freely accessible online on any browsers, your personal information namely your wallet address could be in trouble. If you are outside and are using a public network then you are more vulnerable to cyber attacks.

2. Security - 3rd party wallets need to safely protect your information from prying eyes, they may have very weak encryption and hackers might be able to breach, also their admins and staff could also circumvent their own security and this may lead to you losing all your money on your wallet when that employee decides to go rogue.

My 2 cents. Thanks!

Yes I was also going to say the same thing when I checked the price as of right now, it is hovering still in the $6,100 range right now Bitcoin is still volatile, it might change in the future. Also the number of Coins is till not finished as some are still mined today, after all the coins have been released to the market then maybe that is the time that a study could be done when the price settles down and does not move as much. That is when we could say that it may have matured already.

I don't know where you get that % but according to this:

https://www.internetworldstats.com/stats.htm

The World right now is at 54.4% in terms of internet users, there are people that use computers that cannot access the internet but you cannot access the internet without computers(smartphones and gadgets are computers). Bitcoin is still young and more people will eventually get internet access in the future. We don't have to let all 7+billion people of the world to use crypto or Bitcoin for it to be deemed a success.

I haven't participated in any, but it is good  that I read this thread. It gave me good insights on this new Airdrop way. I also agree that if someone is asking for you to give them money or tokens first then it is a scam or they are phishing for your information, the air drop that I participated is free and as all airdrop should be, we help spread the word and in return they give us shares of the new coin that is what an airdrop for me is supposed to be.

Full Title: Bitcoin Price Rebounds to $6,700, Market Adds $8 Billion in Recovery Bithumb Hack

Yesterday, on June 20, more than $10 billion was erased from the cryptocurrency market after Bithumb, South Korea’s biggest cryptocurrency exchange was hacked. Today, the cryptocurrency market added $8 billion to its valuation following Bitcoin’s slight gain, recovering from the Bithumb hack within 24 hours.

What’s Behind the Recovery?
On June 20, major cryptocurrencies including Bitcoin, Ethereum, Ripple, and Bitcoin Cash fell by around 2 percent as the market fell slightly, led by the intensified downward movement of tokens and smaller cryptocurrencies.

The minor correction was evidently triggered by the Bithumb hack, which immediately stopped the corrective rally of the cryptocurrency market and the short-term rally of Bitcoin from $6,300 to $6,700. Investors in both the global cryptocurrency market and the exchange market of South Korea initiated a sell-off of digital assets out of fear that the Bithumb hack may trigger a short-term downtrend.

However, the Bithumb team immediately came out with an official statement, which read:

“We checked that some of cryptocurrencies valued about $30,000,000 was stolen. Those stolen cryptocurrencies will be covered from Bithumb and all of assets are being transferring to cold wallet.”

Having made more than $300 million in net profit in 2017, $30 million is not a large sum of money for the company valued at over a billion dollars. But, after the release of its statement, Bithumb retracted it from various social media platforms.

When asked, a Bithumb representative said that while the amount stolen in the hacking attack remains correct and it is also concluded that the company will cover all $30 million with its funds, the company was asked by regulators to take a more organized way of dealing with the incident and thus, retracted its statement to release a full announcement in the near future.

Yesterday, many analysts were highly optimistic in regard to the short-term trend of the cryptocurrency market, primarily due to the positive movement of BTC and ETH. BTC also avoided a dip below the $6,000 mark after it bounced relatively quickly from the $6,200 mark.

Several momentum indicators including the moving average convergence divergence (MACD) and Relative Strength Index (RSI), along with both simple and exponential moving averages demonstrated short-term optimism and momentum for BTC.

Where BTC Can go Next
Still, due to the low volume of the entire cryptocurrency market, it is difficult to conclude that bears have lost control over the market. But, over the past 9 days, BTC has been able to secure some momentum with consecutive daily buy candles.

Throughout May 29 to June 8 and from May 17 to May 21, BTC had demonstrated short-term optimism. However, large sell-offs triggered by the lack of volume led BTC to continuously drop from the $8,000 mark.

It is still possible for BTC to drop below the $6,000 mark if a large sell-off is recorded in the upcoming days, below the $6,800 region. If BTC rebounds to $7,000 and breaks a key resistance level at that region, it is possible for BTC to initiate a mid-term rally. Currently, investors need to observe the market and the volume to see the next movement of the market.

https://www.ccn.com/bitcoin-price-rebounds-to-6700-market-adds-8-billion-in-recovery-bithumb-hack/

In accounting Assets can be grouped into, Liquid Assets and Non-Liquid Assets. Cash is considered liquid since it is legal tender and can be used to pay debts, I think Bitcoin only fails here because of the meaning that it should be backed by a government in order to be legal tender which contradicts the meaning of Cryptocurrency. Bitcoin fails to become a cash equivalent because of volatility. Right now they are classifying Crypto as an Intangible Asset as it only where it fits for now.

Either once government recognize bitcoin as legal tender or when the market stabilizes and the value can be clearly measured then it will be cash or a cash equivalent. Being defined an asset is a win for crypto now, they are accepting the fact that it has value and I think the next step is to be considered as a cash equivalent and the last step to be finally be synonymous to cash.

Relax, it will be done one step at a time.

Actually there will be a TV show for Crypto to be shown in CBS, the CW, and Roku. It will be manned by famous YouTuber Crypto Crow, what I have seen is it will air starting on June 25th you can check that out if you want. You can also check his youtube channel first to see if what he has to say is to your liking as well.

Happy Anniversary  , with all the news right now because of the recent slide of Bitcoin's price there really is a lot of negative news right now. We really do need this kind of positive outlook and let us spread it all over to let people who are getting worried because of the price.

They should understand that these media and news portals are trying to generate click bait articles for them to earn money. They don't really care about Bitcoin or for it to die, they just want you to click on their link and read what they have to say also see all the ads that they have on their site and maybe a few of you would click on them then boom! They earn money! What I would suggest is just to keep an open mind in those news you read.

It's not illegal. They did restrict their domestic Banks from dealing with crypto but even their own RBI ( The Reserve Bank of India) are even exploring on creating their own digital currency. They are not making it illegal in order for them to have a chance of creating their own coin while stymieing other coin growth in their country.

Wow that is a real high price prediction even if it is for 2022. From 6.5k to 250k but I also think it is possible as more and more people are getting into crypto and also as the total number of Bitcoins stop with a max of 21 Million as more than 80% has already been mined, prices will go even higher because of demand.

That is really good news for crypto. We all knew that crypto was not a security it just needs to come from the SEC to make it legit. This positive news hopefully will spark another Bull Run.

Well that is sad, I think developers want freedom from the big companies, hope that they do Github justice instead of the likes of Nokia and skype, as for Bitcoin, they are not that affected as they are only using Github for its ease of access and community and not source code mentioned by one of the Bitcoin Developers in squatters link.

China is definitely one of the big hitters in Bitcoin, due to their large population with around 1.4 Billion in terms of the number of transactions I think no one country can beat them. Their treatment of cryptocurrency will also affect everyone as no doubt in my mind that China is now the leader in the Market onwards. Not to mention their numerous miners generating income for them.

Its just a short  fall. I believe that Bitcoin will not go down below 6k as the mining price that I read hovers around 6-9k for now. People will capitalize on this and will buy therefore making the price of Bitcoin go higher.