This, I think, is just the beginning. In the future, there may indeed be a lot of bitcoin clones. And there's nothing to be done about it. Bitcoin was created with open source and everyone can copy it together with its history and create its clone bitcoin. Therefore, everything is still ahead. We can wait until there are dozens of them. In this, as always, there are pluses and minuses. Opportunity for development and the possibility of fraud.
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Especially this year, a decent part of the ICO, as we see from its results, was carried out either with a bad idea, or poor preparation and ill-conceived, or even had signs of fraud. That is, the situation is now ripe for a certain regulation of ICO before its implementation and at the initial stage of its implementation in order to reduce such risks for investors and other participants. We see that some states are already openly declaring the need for such regulation. We also need to say that there are good ICOs that are really needed and they bring real benefits. Therefore, in general, ICO is needed, but either regimented by the state or the community.
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If this large sum in the etherium was not directly destroyed, but remained encrypted in the block chain, then everything is not lost. There was information about the good possibilities of quantum computers for deciphering such situations. Therefore, ever they can be restored. Here, however, there is a common threat to the security of blockchein. I hope that the developers of crypto currency will also take appropriate security measures.
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Yes, when they announced that the November fork was being canceled, more investors began to invest their money in alternative coins, which, however, does not prevent bitcoin from increasing its value. Perhaps some investors are preparing for the upcoming December fork, as a result of which free bitcoin silver should appear.
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Very good and useful information. In principle, I was waiting for something similar from the developers bitcoin gold. Previously, there was a lack of information about this coin and many wrote about it. After such results of the developers' work and bitcoin gold team as a whole, I hope that the demand for bitcoin gold will rise and it will grow in price.
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Investing in the ICO is always associated with certain risks of losing your money if it is carried out by people who spend it only to collect the money they have collected. However, there are many good ICOs, in which an excellent promising project and professional team. The tokens produced under this project will have growth prospects, as they will be in demand. There are also projects that simply will not collect the necessary funds and will not achieve their goal and the money invested in this case is returned to investors, while the work of other participants of the project invested remains unrewarded.
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If you invested in some little-known token, then, of course, there can be a problem with it. However, if this is a well-known altcoyin, then there is nothing to worry about. After a while, it must rise in price and in the long run it will necessarily bring profit. However, waiting sometimes takes a long time.
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Why panic. There is a nominal process of regulation conducted by the ICO through their temporary prohibitions and the development of ways to protect investors. The amount, but not the quality of the ICO, can suffer from this. I think that over time, as a result of such time constraints, we will get an ICO with better projects and a reduction in the degree of risk with participation in their conduct.
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They will die, as always, only coins that are unnecessary to the market. Coins that represent value and are in demand will continue to exist, develop and grow in the course. Just now is not a very successful period for the growth of altcoyins. It is necessary to wait a while, they will necessarily develop and grow in price.
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Very good news for crypto currency. The NEX platform is a very good solution in addition to the existing crypto currency market. We need a different approach and different solutions to the challenges facing the crypto currency. This, in general, will raise the prestige and demand for the crypto currency.
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A lot of tokens have been created. Their number fluctuates around a thousand. However, people know and use, basically, no more than three dozen. The rest of the tokens are actually fighting for their survival, but most of them still die. However, the process of creating them is generally positive.
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I'm interested to know whether the Chinese government is quite enough with the results of the imposed bans and restrictions on the crypto currency at home in the country and how do they assess the effectiveness of such bans themselves? Whether the country's economy is winning from this, or vice versa, the economy is falling. Dry statements, figures are not very interesting. After all, China should already have some kind of review of these results.
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It is very interesting. Informing North Koreans about truthful information about the processes taking place in the world is a worthy occupation. And will the authorities of this country allow a long time to invade the Internet in their space? There, huge money is spent on censorship. I do not believe in something that is technically feasible for a long time, almost on a constant basis, to communicate with the inhabitants of North Korea in this way.
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We have not yet passed the November fork, but we are already told that in December will be the next fork. And as a result of the November fork, bitcoin can split spontaneously, and the appearance of bitcoin silver is expected from the fork in December. Bikkoin clones are stamped every month. In my opinion, this is not normal.
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Indeed, the permanent forks of bitcoin have recently been depressingly affecting the altcoyins. They have not been up for several months already and this is already becoming a problem. Moreover, once again declare about the next December fork and another division bitcoin. It turns out, before the New Year at least the altcoins will not rise in price.
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The existing system of conventional money periodically provokes global crises, it is also not perfect. Money fiat will gradually be replaced by a crypto currency as a more technologically advanced system, however this process will be very long and, in my opinion, the crypto currency in the foreseeable future will not be able to completely displace the usual money. For this, the society is not yet ready morally or technically.
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There is really a need to put some regulation to ICOs. This has become more necessary. It is needed not only to protect investors but to protect the entire crypto itself. If the influx of ICOs that are scams will continue, the established reputation of crypto will be severely affected and might even appear scam in general to people. Something has to be done.
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For a while altcoins prices are falling. I think it's due to forks. Bitcoin Cash, then Bitcoin Gold and now Bitcoin Segwit2x. These forks have caused people to interest in investing Bitcoins and sell their altcoin. Soon after Bitcoin Segwit2x fork, everything will go back to its normal. Altcoins will rise in price again.
It seems that these forks will never end. Already there was information about the December fork of bitcoin, as a result of which we will get bitcoin silver. And the altcoyins will again lie throughout this period. There is something incomprehensible with bitcoin. In the world of cryptography, there is not one bitcoin.
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Something a bit fork of bitcoin lately. Still really do not know what will happen as a result of the November fork, and we are already talking about the December one. The branching of new coins from bitcoin already takes place almost every month and it already looks something like an ICO, with some differences. I do not even know how to react to these permanent plugs. In the meantime, the altcoyins were caught and are without any movement.
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I do not think that any processes indicate that the ICO projects are coming to an end. On the contrary, judging by their number, they are flourishing. Only in September this year they collected investments for more than half a billion dollars. However, their quality really leaves much to be desired. In addition, the risks of fraud have significantly increased.
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