It would be the same in our country wherein there are no applicable regulation yet when it comes to cryptocurrency, but then the advantage of it is that they already issue licenses to some exchanges to operate so it would mean that they support cryptocurrency. As for OP's question, he should just use cryptocurrency maybe privately because it is not open yet as to how their government treats cryptocurrency. If it is not illegal, then I would assumed that it is deemed legal.


It would mean that it is not forbidden to trade or transact cryptocurrency. While you have the opportunity, then you should just trade and earn as much as you can because your government is not taking a stance now. You should just transfer amounts that will not catch the authorities' attention because they may act upon it.

Since you are just starting to build your portfolio, you need to offer your services perhaps for free or for a small fee at first so that projects would be able to weigh in if you are worth it. If you have the experience then, you can offer your services to others. It would be an advantage if there are lesser number of people in your language who translates because it is less competition but if the translation job is already proliferated then you will be having a tough time. Nevertheless, just try offering your services to new projects and then work your way up.

Since others have already translators in their projects, you need to be fast in offering your translation services to the newly opened ones. Just follow this link always and see if there are projects available for translation.

https://bitcointalk.org/index.php?board=238.0;sort=first_post;desc

Bitcoin always surprise us. The price of $25,000 is achievable because we have seen how much bitcoin price grow last year from below $1k up to almost $20k at the end of the year. There is a possibility that it would be able to surpass its all-time high before because there is an anticipation for an approval of exchange traded fund which would give more liquidity to the market and allow big investors to have a share of not only bitcoin but some of the other coins as well.


It's a bit high but who knows if it will happen or not. For now, let's accumulate what we can because we might become the lucky ones when the price you mentioned will actually come true. If there is mass adoption then it may become not just "too good to be true" but be the truth.

Yes, this is what the people is anticipating. This would allow big money to be invested in the cryptocurrency market which in effect would make the price shoot up. If this happens, then it wouldn't only attract the attention of investors but also the ordinary people because this would appear in the news then. Even if there are negative news surrounding it, the people would see a chance of a profit and this would benefit then the early holders of it.

Just look at what happen to gold when there is an ETF. Its price was folded multiple times so there is many people positive about the price reaching $50,000 if ever ETF would be approve. Currently, we can just wait for the decision and accumulate as much as we can and trade as well to have more coins.

Well, as of this writing bitcoin price is around $7,600 and it's not that far from $5,000. If those big holders of coins wills to drop the price more then they can do it because they have the power. They can just have a sell off and along with FUD then they can possibly drop it some more. Looking at the shorts and longs, shorts are dropping and longs are increasing so there is a possibility that the price would continnue to go up along with the anticipation of good news regarding ETF.

You have good point mate. You have to take into account the team behind the project. Even the bounty campaign manager has a big role whether the ICO will be successful or not. As what we have observed in the forum, those campaigns manage by reputable managers most likely become successful because they can have many participants in the campaign; thus, more exposure of the ICO so there is a possibility of getting more investors and the success of an ICO whereas those manage by newbies rarely become successful.


It happened to most ICOs wherein it's below ICO price when listed in exchanges because the holders sell their coins and then maybe the project is not that attractive that's why there are no willing buyers. Unless there is a market maker then the coin wouldn't be able to recover. You may wait for sometime to even break-even. This is the reason why some would just wait for the coin getting listed in exchanges before buying it.

As what they say, trading is not for everyone. According to the survey, only 10% really profit from trading and the rest just basically give their money to those who are in the market for a long time. Eventually, when you will not be able to adjust and still can't manage your emotions when trading then it is not for you.

If you are impatient and cannot stand waiting for the right time to buy or to sell then you should just invest rather than trade. Cryptocurrency trading is risky and since it is an unregulated market, many are still taking advantage of it doing pumps and dumps.

It gives an opportunity to those people who have no capital to take a shot in investing in bitcoin and other cryptocurrencies. It may not redistribute the wealth but somehow it can augment the lives of the people who are risking it so that they can have their hopes and dreams be achieved by investing in cryptocurrencies. Unlike in fiat wherein you need a larger capital most often to have larger profit, there is a possibility on cryptocurrencies to have larger profits still even though you have smaller capital.

You can add https://bountyplatform.io. It's also a platform focus on bounty campaigns. So far, I was able to use bountyhive and bounty platform and was paid with my participation in the campaign. The advantage with bountyhive is that the tokens are escrowed that's why you know that you will be paid.

In other platforms and in this forum, many tokens are with the team so there are times when they are not paying which is a big disappointment. Even though there are issues of getting small share, I would rather choose it than having a bigger share in spreadsheet and not getting paid at all.

There are still many investors in ICOs as long as they think it is worth investing in. There are so many ICOs right now and maybe the market share is divided that's why even some projects that is worthy to look at and there are promising teams, some even failed because of lack of exposure. They need a marketing strategy that is effective and bounty hunters can help them in exposing their projects. Being reviewed by famous ICO rating sites and having a high rating is also a great way of attracting investors.

When the price of bitcoin goes up, ICO market would be able to attract more investors because those who weren't able to invest in bitcoin would think that maybe they can find a golden opportunity in the new coins.

Most of the older generations have no idea about cryptocurrency because in the first place, they do not use internet, which is what is needed to use it. It is more exposed to younger generations but then the younger ones are just starting to earn so it is quite hard to introduce it to people because most would just have a negative reaction about it.


I agree with Vitalik's statement about focusing on mass adoption than ETF but then ETF would be a great exposure for bitcoin because when its price goes up, it would appear in the news and then the ordinary people would be able to watch it and then maybe consider investing in it because they can see a good investment opportunity.

There is always an inherent risk involve in any type of investment because you are not guaranteed of success as anything can happen during the process that might compromise your investment. There are some people who are conservative with their investments while some are aggressive and no matter what kind of investor are you, you should always consider the possibility of losing it all hence, the famous advice of "Invest only what you can afford to lose". Many are not taking this seriously but instead borrow from others only to end up to more debt because of the failure. Investing in cryptocurrencies has high risk so it would be better to always have an alternative source of income or investment.

They would give you an interest of about 1% annually and they would let your money be borrowed at a rate of around 6 or 7% and we are talking millions here so that's how they profit. They also use our money to trade and they got profit from it as well and invest in other investment vehicles as well. We should learn how to make use of our money without relying in banks.

What I hate about banks is that when my balance is below minimum, they would deduct my money so it would be much lesser until such time they would exhaust it as oppose to a crypto wallet wherein even just a small value is left, it would still be the same or the even good thing if its value grow after a few years.

When you are already in cryptocurrency ecosystem for sometime, this kind of strategy is not effective because these are already common sense and the moment they do this, it is already considered scam and they wouldn't be able to get a single info from the person. The higher risk of being scammed are the newbies who gets greedy when they see something like this because they are not aware of it yet. Well, I have been scammed by HYIP before so I can relate to those who were scammed and if you are one of those who were victims of such scams then do your best to help others avoid it.


Scammers are every where and just waiting for this chance to attack. In social media platforms perhaps, someone would message you about crypto that you don't know so it is already a red flag especially if they mention about "cryptocurrency mining".

At the moment, bitcoin dominance is around 48% and bitcoin is consolidating which means the altcoins' time to shine. If ever bitcoin's price continue to go up then it would be able to increase its dominance/market share. I would assume that it would still have half of the market share even though altcoins are getting higher percentage increase than bitcoin and ICOs are launching every day because those who are in the market for sometime would realized that some of those new projects would fail so they would just shift their attention to the coins that have been existing for sometime or already proven their worth.

That's right, I can see so many things that are gold and silver and they are really precious for the people. People would take care of these precious metals that they have a special place in the house always.


Would you mind providing the link of this recent survey? Nevertheless, silver is still one of the precious metals that investors go to aside from gold but maybe during these times when cryptocurrency is gaining traction then their market share is slowly diminishing.


On the crypto communities' side, this would be good news cause this would mean that the demand is going strong. Seeing the number of ICOs launch every day, the market share of each coin is getting smaller but then we should stick to the ones who has shown strong foundation and has been existing for sometime.

Well, lesson learned for your friend then. Many fraudsters took the opportunity to scam people because many doesn't care that much if it is really mining or not as long as they are earning money from it and it is giving them coins every few days which is somewhat ridiculous because it is too good to be true. It is an eye opener to those people who easily believe those scam so it is good that google bans cryptocurrency miners because they are not really miners, right?

I can still see so many people advertising "cryptocurrency mining" in facebook and twitter though and many still believe them so good luck to those who joined it. I tried commenting to one before but they disregard my warning so I just let them be and let them learned their lesson.

If the business really needs to have KYC because it is a requirement by the government then they cannot do something about it. All you can hope for is to use your personal data properly and not sell it to other people for their own benefit. If you can avoid using a site that requires KYC then simply don't use it but then sooner or later, the services will have to comply with the government requirements so you might as well check out the company that requires KYC and then confirm if there are no issues in the past regarding data leakage.

As what I have read from the article:

Even if they don't want to do KYC, their business is also at risk of being shut down because of non-compliance so they just do it. I have no problems with KYC as long as they are a reputable company.

Can't blame those who put their faith in bitcoin and then leave afterwards because they have high hopes for it and be disappointed because they have invested when the price is high and maybe near all time high and even borrowed some money which not should be done. Well, they learned their lesson so maybe after their experience in bitcoin, they would be more careful in their next investment.


Patience is the key so that we can achieve what we want. The problem nowadays is that we are so used to instant things that we easily lose our patience. Before, sending a letter take weeks or even months but now with just one message or call, we can easily reach the person. This is the reason why the older generations are more patient than younger ones because of that fact so as one of the younger generations, we should do our best to be patient.

Bitcoin would be the best investment for me. I only buy altcoin so that when its price go higher, I can have more bitcoin. There may be a possibility that an altcoin would grow more than bitcoin but I am more convince that bitcoin would exist for a long time and although other coins is superior to it in terms of technology, it has still the support of the people that's why it remains at the top. It has the advantage of being the most famous cryptocurrency so most likely, this is the first cryptocurrency that people will know and buy thus, a high demand and probably hodl it.