Agreed. Fiat currency is the source of confidence for people who are not accustomed to trading with cryptocurrency. Nobody can ever take the fiat simply because it has been there for ages.

everybody is looking into this possibility. You are right it cannot sustain that price for now since the past green rally was way back 2017. People would want to be forst inline the minute it will hit $14000, then tragically, if this will happen, the great fall will begin.

Maybe they are also conspiring with hackers. But this is just a wild thought. If hackers can break through the system, then it is about time that exchanges strengthen their security. Maybe upgrade personnel to further back up and also analyse lapses on the system.

I see, this is a good thing. But when was this launched? Did the government just started to lay down regulations on the use of cryptocurrency? Don't get me wrong, I want to have this but I am currently looking into the legitimacy of this project. Thanks for the information bud.

I wonder,  these are progressive countries, not afraid to venture in something new. very open to changes  especially if this will benefit their people. how come our country, they don't want to be open on this. It is taking a long haul and still cryptocurrency remains illegal. Why not become like them. Crypto is the future.

Colonialism is a subtle way that destroys our economy. When people are in thinking that good quality products only come form USA, then we have a problem. They will start patronizing these products and eventually disregarding their local products. This affects the gross income of the country.

This goes to show that block chain is being acceptable nowadays to Filipino people. The fact that payment is now being digitized, it is a great possibility that in a few years time, block chain technology will be taught in all the computer schools in the country and will be utilized by all in the payment of goods and services.

In my opinion, although there are similarities with the trend, we cannot really conclude that BTC is following the same path from what happened in 2017. The insane bull run will and can never take place this 2019. The trend of every coin is unique in every year. This is due to a change in demand in supply and also users' perception and trust in the said cryptocurrency.

Definitely a green is taking place in the cryptosphere. People are rejoicing because after a year of bearish market, here is bitcoin about to break through the $11000 mark. We can expect that people will start riding the waves again, expect greener trends y'all. Crytptodust to all

" In the USA, the average age of traders is 30 years, in China – from 20 to 30 years, in Russia – from 18 to 40 years."

so surprised to see that Russia bagged the youngest as well as the oldest in users statistics. This only goes to show that the user population is very young-- proving to be risk takers and dynamic individuals. I wonder how many female are into cryptocurrency.

This is the motivation why some countries are pushing for a regulatory body that will be responsible with the flow of cryptocurrency. we cannot afford that this intelligent platform be used by some people for their reckless deeds on trafficking money. Regulations will help stop or if not, will lessen the probability of scams thus protecting the interests of the investors as well as the users as well.

If that will be so, wouldn't it be nice if we ride onto the first wave? If they will treat Libra like savage bears and whales why not be the first to do it? After all, crypto is like a game of firsts, you observe, wait for the perfect time and just dump on it like most of the people do.

This is merely a small fraction of transaction compared to everyday trade that poeple would want to see before they start investing in cryptocurrency. Yes, this is a good news that poeple are actually making steps to make bitcoin known, but we still lack consistency on how we campaign this kind I do hope that in the coming years, Bitcoin will be used almost in all transactions like the fiat is now.

In my opinion, many have got the broad idea of a digital currency, and sooner or later, poeple would want to have it regulated to be able to also protect their own interests. FB coin or Libra what others may call it, is introducing a revolutionary coin that will be in a digital platform but a coin that will be stable as well. In this sense, this coin will require for a regulation that it will need to gather as much trust from the poeple as they can.

It is true. A highly volatile currency will produce a gistrust among its holders. It will not be a fair trade because if a currency behaves like this, you really cannot store it at a long period of time and at the same time, its value cannot be appreciated even after a few years. A stable coin would be close to being tradeable.

Maybe google duo would be an alternative to secure video chat. I would agree on this that we really do not need data to be sent almost always as with any other company that we used to join in ICO. If the purpose of kyc is also to prevent an abuse on account farming and to verify identites of participants, and on the other hand, the concern of participant is the security of their data, it would be best if the verification will go through video chat instead that way, you need not store files and at the same time you get to verify their identities.

Libras what they call them is gaining popularity faster than a wildfire. In my opinion, this is what people need nowadays, a crypto that will be  as stable as possible than any other crytpto currency in the circulation. It is a good thing to know that big finacial firms and brands are looking out for it enough to back them financially.. With this, people are noticing the trend having trust in this coin even before its release.

But first, I think what investors are really looking for in a cryptocurrency is its stability, having a less volatile value as possible. Because you really canot afford to lose much money especially during massive swings and reversals-- it is just very risky. Stability and Security is what it would take for bitcoin to attract more people.

It is a hard decision to make as this will serve as a threat to the privacy of an individual. Maybe I will say yes provided that there is an assurance of fire my data will be stored and utilized. Nowadays you really can't tell because hackers always find a way to hack into the system and steak those data.

in this case we really need to have a set of regulations to be established just to protect the privacy of the consumers as well as promote the healthy trade in cryptocurrency. This way we'll attract more investors and assure people of security of the system.