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Quote from: defyance on October 03, 2019, 07:09:39 PM

Cryptocurrency is less responsive to news including forecasts of experts. The cryptocurrency market largely depends on the overall global economy and of course the human factor.

Yes, a lot of factors influence cryptocurrency. From Twitter feeds and fake news, to the fall of oil or gold. Of course, once the market will have more precise regulation, as well as institutional support.

I hope that if there is regulation of cryptocurrencies, it will be reasonable. The crypto community is divided into 2 camps, some do not want regulation in any form, others agree to some regulation.

Exactly. Most likely, the regulation of the cryptocurrency market will be only for the good. I am ready to even pay taxes on my income. Maybe that's why institutional investors are still outside the cryptocurrency market.

I am afraid that if the crypto currency is put in a rigid framework, then most people from the crypto community will not be able to earn in this area. Well, of course you have to pay taxes, because you have income. although sometimes the losses far exceed the income.

Or can people, on the contrary, reach for cryptocurrency to a greater extent than today? Because they will be protected by law. You are right often the losses are very high. To do this, you need to develop a special income tax system, which will depend only on profit.

In my opinion, most fans of cryptocurrencies consider it only as an opportunity to earn. I do not think that the introduction of additional restrictions already within the law will increase the influx of people into the cryptosphere, at least ordinary fans. It's better to leave things as they are.

No matter what motives people have. Yes, most come to cryptocurrency in order to earn money and I do not see anything wrong with that. This is about the same as the Internet began. First there was porn and only then online shopping, social networks and so on.

yeah, but crypto will help humanity go to the Internet 3.0

It may well be. Once the Internet was also perceived as a strange thing, now it has become so commonplace that it is part of our lives. Now it all depends on how Bitcoin and other cryptocurrencies behave.

I would like to believe in it, but it seems to me that after Bitcoin fell from $ 20,000 to $ 3,500, many investors began to fear this asset.

I dont already know who to believe and whether it is worth trusting the promises of developers in general. Remember 2017-2018, how sweetly the organizers of ICO sang, in the end, where are their products, where are the promises? Where is the money of investors? Where are institutional investors?

I think it's all a big game, the start of which gave bitcoin. Many people are not happy when cryptocurrencies are compared to gambling, but as in gambling there are a lot of cheating techniques.

Cryptocurrencies have not been part of gambling before. They became such as a result of climate change in the crypto market and the general crisis. Maybe Bitcoin is part of a big game that we dont understand yet. We look forward to further.

I have not seen a single successful project in such a project. I think I need to see more.

Yes it is. Bitcoin is by far the most successful cryptocurrency project, the success of which has not yet been repeated by anyone. I think that after halving it will become even more valuable and expensive.

That's like a father for all other cryptocurrencies. 80% of funds I invest in BTC and the rest in some hype alts