So after having some looks at bitcoin mining and setting up nicehash on my pc (single gtx 970) to have a look at how it works (ofcourse I won't be able to make any profit because of power consumption), I wondered if buying an Antminer S9 and starting to mine at home with a powercost of 0,26$/KwH would be profitable or will I just lose my investment.

I agree that more and more jobs are going to get replaced by machines ata faster rate than useful jobs could be created, but I really doubt a police officer, lawyer or doctor could be able to get replaced by a machine in 50 years, certainly not in 2050...

For you to have a fully replaceable police officer, the robot would need to be a literal terminator, capable of moving across every possible obstacle, asking questions, shooting, driving... anything that a police officer does on their career. It is simply impossible to come up with such a machine anytime soon, and 50 is soon. Maybe try again in year 3000.

what do you think will be the future of this market? and what needs to change so governments will start to recognize it as a currency?

I agree. The high number of altcoins (new tokens, to be specific) is not good at all in crypto-world. Yes, there are only 21 million bitcoins available once all BTC are mined, and I think that's good. The limited number of bitcoin is an example of a healthy cryptocurrency since it will allow people to ask for its demand, thus making it to continuously circulate in the market. That's also one of the reason why the value of bitcoin is rising up until now. The law of supply and demand is being followed by it, and more people are embracing the bitcoin movement.

On the other hand, tokens with high supply is one of the things that a bad altcoin possess. By law of supply and demand, once a product has very high supply, and doesn't match with the damand, the tendency is that its value will depreciate. People who owns such tokens/altcoins will have a hard time to sell their coins since there's a lot of supply out there, and the worst thing is that they will be dumping these coins for a long time, and as time passes by, it will lose its value because there is no smooth flow of it in the crypto-market.

Legit po ba itong BTC spinner https://btcspinner.io/ gusto ko po kasi malaman kasi lagi akong nag papaikot nito kahit na ang daming zero na kailangan lagyan.

Unti unti narin sumisikat ang bitcoin sa ating bansa dahil sa mga news tungkol sa bitcoin, pero di parin naiiwasan na kahit na maganda ang explanation nito marami parin ang duda sa bitcoin.

https://www.facebook.com/expertsopinionofficial/videos/127107547966467/

wala syang nabigay na proof so probably yung nahack kunwari ay yung mga pinag invest-an nila sa facebook groups tapos hindi sila nabayaran kasi kunwari nahack daw ngayon naman ipinagkakalat nya dito LOL

I would like to know if cryptocurrency will replace fiat money in the future,  also if so how long it will likely take.  Also,  I would like to know which coin you think would take over if one will.  (E.G. Dogecoin,  BTG, LTC, XMR)

The future of bitcoin is very bad if the us government is operating scam sites to rob the peoples money.Soo much effort in the usa to poison and damage the people
Bitcoin is great technology but in a world controlled by satan and his lunatic governments -freemason agents -there is no freedom.

THE PEOPLE NEED A NON CENTRALIZED EXCHANGE

FUD is everywhere and it exist in every crypto.

Some FUD are true because of its evidences (screenshots etc..)

and sometimes the crypto price stumble and fell.

is the FUD can be a basis now for cypto price fall?

Nikolai Nikiforov stated: "Bitcoin is a foreign project for using blockchain technology, the Russian law will never consider bitcoin as a legal entity in the jurisdiction of the Russian Federation."


The article goes on to say:

"However, Nikiforov added that it is "quite possible" that Russia could consider using blockchain technology, as well as various digital tokens. However, he did not provide any context in which the technology might be utilized."

Do you think we'll see other countries going down this route?

Source: https://www.coindesk.com/russia-will-never-consider-bitcoin-legalization-says-minister/

Something that became more evident this last week is that Alt coin price pumping/manipulation is MUCH easier than Bitcoin BTC. It only took Roger Ver and his shills a few days to super pump Bitcoin Cash with more than 100%. To have the same effect with BTC, you will have to get most of the BTC whales to act together and this is no easy task. 

There are also more BTC exchanges to manipulate than Bitcoin Cash or Alt coin exchanges, so these Alt coin whales can concentrate their efforts for better results on only 1 or 2 exchanges where these coins are traded.

This is going to happen a lot more now, since this was such a huge success for these Pumpers, so be wary. 

Bitcoin is a very powerful technology and the communities that supports bitcoin is too huge so government can't do that because they are opposing what their citizens want. It is unstoppable that even they ban it now, they'll be needing to adjust and change their minds because bitcoin will be used worldwide in the near future.

The article have a very interesting line to be read and while we are wondering what are those websites are about it gives us a hint that the thirteen websites related to cryptocurrencies that are blocked in Russia right now might be related to HYIPs and other forms of investments. If my understanding is true then the Russian Government has done well in protecting its citizens against a potential scam.

It is very interesting to see how a public university can accept non-state means of payment, especially for a country that manages its own currency. This is in my opinion a good example of how bitcoin can co-exist with state means in a country.

According to Christopher Chapman, an analyst at Citigroup Inc, that might not be a bubble problem or fork which would eventually kill bitcoin, but the staggering energy costs associated with mining of the digital gold.

As Citigroup report states, the price of bitcoin required for mining to stay profitable in 2022 stands at $300 000 — according to the calculations, current growth trends, and electricity use. The amount of power consumed in the process of emission by that time would be enough for the whole Japan...https://en.bitnovosti.com/2017/11/10/analyst-in-4-years-btc-mining-wont-be-profitable-anymore/