Seeing such graphical representation of economic recovery after recession brought by the pandemic makes me see and realized that among those graphs, W shape curve would seems to be problematic to be stated as a flow of recovery for the flaws that can be seen after an upline stroke there goes downline which shows that the recovery does not take place on a stabilized manner compared to other flow curve striking upwards to flat line stroke. Those are for observable analysis done by a glance to gain a simple interpretation on how certain recovery takes place.


This is certainly true and agreeable for me. The strike points that a W shape curve will be a prominent representation on how economic statuses of different countries can be shown amid this pandemic for there are still lots of negative effects that this pandemic is continuously giving out which makes the recovery unstable striking up and down. The pattern recovery might be taken to shape curves V, U and L once the pandemic is already done once the vaccine to end this pandemic has been successfully discovered.

Engaging into a project with anonymous team profile is really risky at times like this for you cannot pin point nor chase anyone once the project they have introduced come into failure or discovered or revealed to be a scam one. This is one of the scheme or strategy those individuals are using to lure other people which makes it really risky. But having a real identified profile of the team does not also secure that you are on the safe project for it might be a stolen identity from a reputable individual so thorough research is still a must have before doing any engagement. Building trust from the team developer towards its investors must be properly be taken in place for people are now being wise not to trust any project with team taking cover of their real identity stating they wanted to protect their identities and serve to respect their personal boundaries or their private life. But if you do really want to deal with people and gain their interest, you must do whatever it takes to make them feel secure on stating your identity if you are really having a clear conscience on running a clean and safe project for everyone. I am not saying anonymous team are always creating scam projects but for the record, most fail and scam projects come from those kind of team developers.

I see no blessing in disguise to be treated upon this current situation we are all up to. The concept of that blessing in disguise is just purely throughout an optimistic mindset which not everyone can attain for we are all barely affected by this pandemic. But at some point the OP was right that this pandemic have shown us the weak points that our society must assess after this pandemic have been wiped out already. Each and every nation must improve the health sectors to prevent another devastating event like this to happen that will brought out another crisis to arise.

Being optimistic at times like this would be a great help but only for the mind and it cannot help you to barely survive the situation if you won't act right and just rely and be dependent on what the government can provide. With the implementation of the new normal setup, may the people be disciplined enough to follow the strict protocols while hitting two birds in one stone which is reviving the economy slowly, while taking down the infection rate into control because of the health protocols that must be observed on work places.

Well, that was pretty true that our eyes is our main organ being used in the field of work we are all doing. The assessment, analysis and other related stuffs are being seen and processed by our eyes before we can conduct further analysation on what we supposed to do on our trades and investments. But of course all our organs are essential so not just our eyes must be the one to be protected with but our whole body as well for different body parts or organs coordinately working to successfully finish the job based on our desire. Yes, work is important but we must consider having full concern on our own health too for it makes no sense to earn a lot if you would be just sick and make use of all your earnings to pay for your hospitalization.

It is unlikely that inexperience traders are not born to do trade. It is just that they need first to be educated on stuffs related on trading before having the guts to do great engagement such as trading. Trading cryptocurrencies are meant for everyone it is just that it is not meant for a while for those inexperienced traders for they are capable to just gamble their coins and money of course into unsure engagements. Better just do educate yourself first to avoid engaging into undesirable decisions that might just put you into regrets. Do not bother to even try trading while you haven't earning any tough knowledge about such and you do not have any experience on doing tradings. Secure yourself first that you know what you are doing before you call yourself into the proper engagement so you won't be wasting your time and effort trying to figure things out while you are an inexperienced trader. Good traders for me are not really born, they are trained and mastering whatever it takes to be a good trader. Inexperienced traders can gain experience like most of us do the first time we have got in here. If we did it, so they can to. It will just take time but sure they can do trade on their own too.

I think it would really be necessary and essential to include and introduce Bitcoin as well as the block chain technology into the educational sectors to educate young minds about the existence of such. It is essential be done of course we are already facing into the fast pace of continuous improvement in modern technology where specifically crypto currency is located and can be accessed. As young minds are learning to effectively use modern technology, then they must better know about the essential things that technology have provided which is Bitcoin and the whole block chain technology. This would make a clear appearance of a bright future that a knowledgeable individuals who know how to effectively use block chain technology would arise once this was done on educational institutions.

Maybe as for now only those nations who widely accepted and adapted crypto can do such thing but for those who are still not, high hopes that soon as time goes by, there could be a possibility that it would make happen to educate young individuals to better know about Bitcoin and block chain technology.

We are still even clueless of what will be the effect of the discovery of the covid-19 vaccine for the first place, up to this moment there are still held clinical trials across different nation so there is still no proven vaccine among those discovered vaccine up to this point of time. We are still not sure that the presence of the vaccine would do a crash on Bitcoin for the modern technology now become a part of people daily life basis and ordinary people have already treated crypto market to be their safe haven for the fact that on the current situation, the devastating damage was directly on the stock market so for sure that while there is no assurance for the cure of proven vaccine to end up the pandemic, people will still remain into the side of their investment into Bitcoin and they will get used to it for quite some time since it has been already a couple of months that the stock market is struggling. It would still take time for the discovery of the vaccine so it is not our concern for now and for sure people would take into consideration keeping their investments in Bitcoin for they have already testified the importance of engagement into crypto market now that the stock marker is seriously affected by this pandemic. They would surely keep an assurance to have both investments on stock and crypto market so that they have something up to if ever another crisis like this would happen.

Even though that was just still a plan and for under further discussion and might change up accordingly depending upon the presentation of data if they will re-ban Bitcoin or not, still it looks so tiring for people in India seeing banning, lifting and re-banning once again and for sure that the people are getting sick of it getting confuse on where they would be situated. Before doing such big decisions, the government has to review first all the concerns of the people with regards to that and widen the concept of understanding regarding the issue. The government must conduct and deep and thorough research about the matter and make them understand every concept why Bitcoin must not be put into the stake of re-banning once again. They must see both side of the situation before doing big decision that would supposedly be finalized so that it won't be a hassle and turning point of confusion on what is the real stand of India with regards to the issue of Bitcoin.

That was a pretty great number to think. But upon looking at the chart statistics of how the Bitcoin ATMs are distributed, still we cannot state a fact that Bitcoin is widely and globally used for the record that the most number of Bitcoin ATMs are commonly located in US and as you can see on the chart provided by the OP, it is incomparable to the numbers of Bitcoin ATMs that are present on the other countries. The number of Bitcoin ATMs have been crowded in only one place to be exact. Even though that was a great number, if it just located in one place, then adaption and usage will just be put into one place and would not be distributed to other places.

Looking forward that once a new thread stating the same like this (for the record I think I have already read 2 topic threads like this) the allocation of Bitcoin ATMs will be widely distributed on other countries as well and not just dominantly on US.

How can you say so that such things you have said would really happen? It serves no sense providing some sort of information having no evidence nor actual proof such as your sources of informations like news articles to state that all your claims have factual basis. If you were up to trying on giving us real information since you were telling us to get ready for those happenings, then at least dare to provide reliable sources so that we all can read such. It is improper to just state those without basis for you seems likely just providing information based on prediction and such information is unreliable and makes no sense to share for we are only basing on factual evidence to state that something is true or just a false argument.

It is the wrong mindset of the people that is becoming the problem in here. They always thought of whatever Bitcoin can do at certain times most specially upon facing economic, political and even health issues concerning mankind. They think that Bitcoin can do some sort of help to save them from suffering into such issues treating it just like some sort of magic or sorcery when at the first place it is not like that. The problem is that they do not fully understand how Bitcoin really works so they are putting all the dependency that Bitcoin can do something about any issue. There are instances that the answer for such issues relies on the government and people to resolve the problem. People are putting too much reliance and expectation to Bitcoin and failing to commit into such makes them disappointed putting blame into Bitcoin which is not right. People are forgetting that they still have the capacity to work things out without a certain need to always rely on Bitcoin alone.

Reliance into cryptocurrency at times like this won't be a definite solution to boost up the local and global economy for most of the people that have loss their jobs are skilled workers that totally relies on the work they do on a daily basis to sustain their living needs and expenses. It would be hard to push through cryptocurrency as a solution to resolve the problem for there are countries where Bitcoin is not allowed and the challenge of acceptance and adaptability is still in there. Also, the economic status of the country does not certainly relies on the financial capability and capacity for there are also other factors concerned why the economic status of a country boost or go down.

The only possible things that can totally boost up the economy is when people get back into work which is not that possible to make happen because of the pandemic but with the new normal setup, slowly people are getting back to work and some are even finding ways to earn a living using the modern technology and finding opportunities at this time of crisis.

There is an existing price freeze on the essential goods not just on foods but as well as health products to cover up fighting back against covid-19 specially on alcohol at the first months of the pandemic to let people still be able to purchase goods since most of the people are on low budget and are out of job due to the temporary closure of work places. After the ECQ (Enhanced Community Quarantine) that get into becoming GCQ (General Community Quarantine) which enables people to get back into work following the new normal protocols released by our government and health officials, we have observed that there is a gradual increase on the prices of commodities in the market but it does not reached on the price getting doubled for the DTI (Department of Trade and Industry) here in our country is closely monitoring the price movement that must be on the budget of the local low earners. Gladly even we are facing a crisis, there is no doubling on the price of food that happened. Just a little top up on the prices which is expected and normal thing that always happen in a situation of crisis.

Who have told you at the first place to be reliant purely on what you can earn from Bitcoin? Also, we do have different rate and capacities on earning money through Bitcoin. Maybe for you, it cannot be attainable to pay your bills using the earnings you can gain from Bitcoin but for those middle and upper range earners, it is possible to pay bills using what they have earned from working on Bitcoin. Also, do not always be reliant on the government that they will provide everything you need to survive your living. Move up and work on your own and find possible ways suited for you to earn a decent amount of money to pay your daily expenses. Being reliant into a single thing will not help you improve yourself. Yes we are into a current crisis right now but there are still ways possible to earn money. You just need to exert effort on finding suitable working jobs that will give you income to survive your daily needs.

This really gives confusion to all crypto users in India for sure because of what are they experiencing and happening on their bank accounts. Yes, the RBI stated that crypto trading is not illegal but the cases reported are in relation to people who are used to be crypto users. It really looks contradicting in nature that how come your account is getting banned even without doing wrong thing. The banks are not doing anything wrong for it is said that they have the freedom to decide upon the situation. But they must at least do thorough investigation and not just mere allegation making bank accounts related to crypto being at freezed. They must at least inform the account owner of the matter before doing such thing so that there could be a clear out through negotiation. This whole thing is a big confusion for Indian crypto users which literally limits their actions with regards to crypto trading because of the fear of getting their bank accounts freezed.

Easy to say but hard to be done. Making people understand how Bitcoin works and what the importance of its existence is already a big challenge for most people are not that interested on getting into crypto because we are all have different preferences on the kind of currency we are going to use. Even if we are already in the modernized world where digitalization is present, still there are lots of people who patronize using fiat money rather than digital ones like cryptos for they find it difficult and complex to understand. Acceptance,  legalities and other concerns and many other factors which includes the presence of the government views towards Bitcoin and the whole cryptocurrency is making it hard for people to accept and adapt on using it on their certain countries. Accessibility on the advancement of technology and resources must be taken into consideration so that there is no single person to be left behind on wanting to adapt and accept cryptocurrencies which is yet far beyond to happen because there are still remote place that do not have access on technology.

But maybe in the near future, it might be possible that every single country around the world can be able to accept and adapt using cryptocurrency. But as for now, it is still far impossible.

Bitcoin is a good investment but a risky one as well so if you were trying to get into investment with Bitcoin, better just invest a decent amount you can afford to lose. At the category of cryptocurrency investment,  we can say that Bitcoin is the most reliable and stable crypto good for investment but still you must take into consideration that its price is volatile. Yes it could give you awesome rewards for holding and waiting until it pumps but still on the other hand, there is also an open possibility that it could get into the other way around experiencing dumps which can be affected by certain situations which can have an effect on the pricing of Bitcoin.

With regards to the possibility of Bitcoin going down to $10,000 or $9,000 or even lower than $3,500 it depends if it would get into such situation but there is always an open possibility that such thing could happen on the price of Bitcoin.

Actually is just an object created by humans to be able to have a system of payment just like the old times. If you were saying that money is the root of evil, then I guess you must be blaming people for creating such evil for humans have created this thing. On the other hand, money is not really the root of the evil. It is the toxicity being build up on the minds of people using money. The wants of obtaining too many money make people become greedy which results for them to make such actions that are inhumane on which they will lure or fool other people and do illegal activities for the sake of acquiring money for their own greater good. Money is just an object being used but the act of people is really what is the evil thing that have existed because of their state of mind that they have.

The first two points you have mentioned are not directly hacking Bitcoin itself but the person or the user himself for having low security on his things and unknowingly being irresponsible that made the hacker do have access on his Bitcoins. The first point can somehow be manageable by keeping those secured and avoid entertaining pop-ups and strange emails. The second point is the storage itself that is being attacked and not Bitcoin directly once again. Also, hackers do not have concrete or just three certain ways of how they manage to hack accounts to obtain Bitcoin. Surely there are a lot more ways possible that those hackers are capable to do because ordinary hacking techniques are already known by the crowd which makes them think of various ways possible to make their goal achievable and those are not only limited into three way. You have just mentioned some of those which are the most common ways but for sure there are other ways possible which only the hackers know and still not discovered by us.

The first two points could be really manageable if you would make yourself knowledgeable and responsible to take good care of your accounts to lessen the possibility of getting hacked.

As what I have read on the article, they are being raided for the allegations of fraud and money laundering so I think it seems not be too bad to think that the police are just doing their jobs to investigate potential crimes to regulate and secure righteousness that people getting into certain exchange is safe and far away from such crimes. Although it was just an allegation and there is still no final report regarding the claim, Bithumb's operation still continue but there is already a stain on their reputation knowing that they have been raided for such allegations that people are really afraid of which will make them avoid the exchange.

This news was really too bad for the reputation of Bithumb for it is a very well known exchange.