Bitcoin itself does not create money, so this statement is not true. Bitcoin is just a form, a shell. To make it gain value, it needs to be pumped up with money. We buy bitcoin and thereby increase its cost. You can also ask another question: if we bought bitcoin for 20,000 dollars, then its course dropped significantly, where did the air go?

Yak would not say that this is bad news for the crypto currency. If people like Soros buy crypto currency, this will in any case positively affect its popularity. Such people just do not do anything. Since he decided to buy crypto currency, he definitely consulted with experts and this is very important for the townsfolk who are accustomed to imitate the powerful of this world. Therefore, interest in bitcoin and other crypto currency should increase.

In my opinion, the MyEtherWallet wallet is one of the best digital wallets. However, in order to increase its security, it is necessary to enter it through the browser's bookmark manager to avoid phishing sites that will try to have approximately the same name. If you only want to see the contents of the wallet, it's best to use its function etherscan. io, which allows such a view through the introduction to the search line of the address of the purse, not its key. The secret key should be used less frequently, and use instead of it Keystone File, which serves as a substitute for the secret key and the contents of which the scammers can not see.

I do not think that it is necessary to introduce any additional rules that would limit the participation of individuals in the campaigns of generosity. At this forum, such a question has already been resolved by the introduction of such a notion as merit. Without them it is impossible to advance in ranks, and hence it is impossible to get a big payment in signature campaigns. The junior member can be reached without merit, and to become a member, you need ten merits already. Of course, you can try to write very high-quality posts, if, of course, someone will notice it. However, if we admit, for a year ten merits can still be tried to collect, then another ninety to a full member already seems an unrealizable dream. I can not even say about how many years of hard work it will take. So at this forum the issue with the appearance of new members is practically solved. And the ICO campaigns themselves do not care about this problem. The more people will participate, the better will be the advertising about them. Vseravno for payment, they allocate a certain number of their new tokens. Therefore, it is not even profitable for them to interfere in this matter. As for the participants in the campaigns on social networks, there really is such a problem, the participants there are much more than in the signature campaigns and therefore the earnings there are much less. However, to participate in them or not, this is a voluntary matter.

I think that there are no such chances for bitcoins and can not be. There are several reasons for this. First of all, bitcoin, like any crypto currency, is too volatile. Moreover, I think that the more its value rises, the greater the amplitude of its price fluctuations. This is evidenced by the December increase in the cost of bitcoin to $ 20,000 and its subsequent fall to a level of about $ 6,000. With this level of volatility, it will be impossible to plan and implement the country's budget, bitcoin will unbalance the economy of any strong state.
In addition, switching to the use of bitcoin as the only means of payment will mean a strong influence of those states in which bitcoin will also be used as money.

Here too everything is gloomy described. In fact, everything is not so hopeless. Of course, quite a few ICO projects are obviously unpromising, and even openly fraudulent. However, there is also a certain part of them, and this is not less than a third, which try to create a real useful product that people will need. Even a small part of successful ICO projects are worthy of such an activity to exist in the future.
The activities of the ICO will soon be regulated and this will largely solve this problem.

It should not be forgotten that a bill was introduced in the State Duma of Russia to establish criminal liability for any operations with a crypto currency. Supporters of this bill from the Ministry of Finance are motivated by their position that the Russian Constitution states that only the ruble is a legal tender in the territory of Russia. Therefore, everything else is illegal. In the same spirit, some websites are banned there, in which the problems of crypto currency are simply negotiated. Therefore, Russia is still far from the way of introducing crypto currency in its territory. Politicians and representatives of Russian authorities and management are so diametrically opposed to the possibility of introducing a crypto currency, which is so far impossible to form a single picture in this matter.

As always, bankers are against the legal use of crypto-currency, fearing losing their customers and profits. However, they can not say this directly and cover themselves with care for their citizens. Therefore, the Central Bank of Russia, justifying its position with regard to the complete prohibition of the crypto currency, points out that in case of its legalization, citizens can actively invest in the crypto currency, forgetting about possible risks. Such care for citizens, well, the bank here acts as a human rights organization. However, apart from hypocrisy and the desire to keep their profits, there is nothing here.
In general, the approach to the crypto currency in Russia is so contradictory that it is difficult to say which of the proposed bills will eventually be adopted as a law.

I do not think that the KYC test will be so necessary and popular as you describe it. Practically in every state there is a law on the protection of personal data of citizens, which protects citizens from transferring their personal data to other persons without special need. In addition, the European Union recently adopted a general normative act that additionally protects citizens from the use of their personal data and grants them the right to demand the destruction of such data on demand.
Therefore, the KYC check will, in time, be applied only in special cases, when it will be impossible to do without it and will provide additional guarantees against the abuse of this right.

Each state has the right to independently resolve the issue of legalization of the crypto currency and recognition of its legitimacy in the territory of that state. Since this is an internal issue of each state, no one has the right to indicate to him how to act in his decision. Everything will depend on the success of introducing crypto currency in the leading countries of the world. If such implementation is successful, then other states will follow this same path of recognition. However, this process will be lengthy and ambiguous. I hope that all countries will ever come to a logical decision to recognize the crypto currency as a legitimate means of payment.

In the period of the general fall of the crypto-currency market almost all tokens now have fallen very much in price and this is a normal process. When the market begins to recover, tokens will start to grow in value. Therefore, it is not surprising that despite the drop in tokens, many people buy them. Calculation of the prospects for tokens and the fact that in time they will give a good profit.

Yes, I agree with you. ICO teams generally have no right to require the participants of the signature campaign to pass a KYC check. We are not investors and therefore should not undergo such verification. However, if they so wish, then let them do this before joining the signature campaign, so that each bounty hunter decides to pass such a check, provide their personal data and copies of passports, or not and refuse to join such an ICO campaign. The requirement to pass such a check after the completion of the ICO, when we have already completed our work and expect to pay the earned tokens, puts some in a desperate situation. If at this stage you refuse to pass the KYC test, then the campaign does not pay the earned tokens. I think that already during this period the whole point of such an audit is reduced to the part of those who refused to pass the KYC check not to pay the earned tokens. This is actually a fraud, fraud on the part of the ICO team.

The crypto-currency market is very volatile and therefore, in my opinion, two years to restore it is too long. I think that he is almost ready to move towards his recovery and within a month or two is able to fully recover. However, everything, as before, will depend on external conditions, including news.

Probably everyone already knows that investing in ICO is rather risky because many ICO projects are fraudulent and are created only in order to collect more money and disappear. However, a big risk sometimes brings a big profit. If the project is successful, it can multiply the amount invested many times. The study of the ICO project and its team reduces the likelihood of fraud and the degree of risk, but it can not completely exclude it. Therefore, in many ways here you have to rely on intuition and luck.

MyEtherWallet wallet was and remains the best and most reliable purse for storing tokens and ethereum. I do not even know how anyone could get information about the fact that this wallet has ceased to be a worker. In it, the address and secret key are generated randomly by the program and therefore no one can know its secret key. To view the wallet, there is a very convenient function etherscan.io, which allows you to view the contents of the wallet without going into it. I'm not going to change this purse for any other.

Theoretically, I think that this is possible, but at this stage it is unlikely that bitcoin will fall in its price to $ 5,000. If they wanted to omit it for these three months, they would have lowered it. Given that transactions and commissions fees bitcoin come back to normal, there are no objective reasons for the further decline of its rate. Is that Mt. Gox from Tokyo will again start throwing out its bitcoins on the market, then really its course can fall not only to $ 5,000, but also lower.

I did not think that ripple is so popular in South Korea that it will even be accepted for payment at 6,000 outlets in this country. I assumed that this coin goes mainly in the banking sphere and is very little used as a means of payment. Many have already noticed the importance of the centralized nature of ripple, when at any time any batch of these coins can be thrown out to the market. I'm even curious what will happen next with the course and popularity of this coin.

I hope that this is official information and that it will have a positive effect on the growth of the rate of the crypto currency. This is good news not so much that China can authorize the ICO, but the fact that this process will be regulated. If the ICO projects are free of scammers, this will have a very positive effect on the credibility of both the ICO and the entire crypto currency.

The crypto currency market almost always either grows or falls. Now it is in a phase of falling and stagnation. This is one of his usual states. For now, we can only say that such a state of the market is very protracted and it draws many into a pessimistic mood. Of course, it is not very pleasant to see when our coins are so low in price for so long. However, from time to time cryptovplat will bring us such unpleasant gifts. there's nothing you can do about it.

From the standpoint of today, I would no longer advise selling my altcoyins and buying bitcoin. The popularity of bitcoin in recent months has been greatly shaken. Now I already doubt that bitcoin in the near future can again reach the rate of 20,000 dollars. If a few days ago there was information that Mr. Gox from Tokyo until September would not throw out his 180,000 bitcoins to the market, now they are already saying that in the coming days he can expose a lot of 7,000 bitcoins. This will greatly affect the current price of bitcoin and it will again fall. If such batches appear on the market regularly, then bitcoin can drop quite a lot and it can be a long time. In such a situation, it is better to invest your money in altcoyins.