I am just wondering: is it a good time to introduce new projects during the bull run season like what we have right now? Or maybe it is kinda hard to get the most support from investors as more and more people are holding on to their digital assets like Bitcoin and Ethereum?

Personally, it would take a very good project with a very bright potential for me to open up my digital wallet and let go of my Ethereum to be converted to a new coin or token...and it is getting rarer that I am doing this.

What about you?

I think 2021 will go down in the cryptocurrency history as the biggest year so far as we are seeing new ATHs broke down by many coins and tokens in the expanding and pulsating cryptocurrency industry. Today, Bitcoin has gone to the moon and beyond, and yet there can be more as we are still no bears clearly on site. Ethereum, BNB, Cardano are just a few platforms making good impressive runs, and again many are expecting there can be more in the following days and weeks. So far, i still have to hear a chorus of warning that the winter is imminent so most probably more growth can be coming but of course at some point there can be a taper off time.

So can we now declare that the altcoins season has already come?

All cryptocurrency enthusiasts are all looking to that day when what they are holding - they be Bitcoin or otherwise - can go for a bull run. And that is what is happening right now. Unlike in 2017, this is a prolonged type of a bull run and many are predicting this can go on for the rest of 2021 as more and more institutional money is positioning to join the BTC party.

However, there lingers that feeling or maybe a certain amount of fear that the high the rise of Bitcoin, the high also is its fall later. I am sure the same thing happened in the past with what many called as crypto winter and there are those who are concluding that history is not going to be giving an exemption even at this time.

So should we be celebrating Bitcoi's best performance and yet still preparing for the worst?

Elon Musk is a very popular man due to his big list of success stories, so he has become like a symbol of triumph to many of us. Whatever he is saying can have an impact on many markets. And recently, this is proven when he just merely included the word Bitcoin on his Twitter account. The same happened to Dogecoin and maybe XRP.

What is amazing is that Elon is not actually holding a lot of cryptocurrency and his company is not known to be involved with it either (though of course, we don't know for sure because there are many ways to hide one's involvement with anything).

Should we continue listening to this man? And to what extent will his endorsement be effective in pumping the cryptocurrency market?

I am sure that many of us here are expecting there that can be a big bull run for altcoins within this year but in my opinion I think this is not going to happen. What can we see might be some surge of interest with some coins or tokens from time to time or maybe a manipulation like what WallStreetBets is doing. The reason for the Bitcoin bull run is the entrance of institutional money into the party and this might not be happening with most of the altcoins, except maybe Ethereum.

Now, having said that, of course, I would be happy to be wrong since all of us are really longing for our favorite coins/tokens to take some big leaps ahead in the cryptocurrency market game. What is your opinion and prediction?

There is that persistent concept in some people that cryptocurrency is just actually making money out of air. In other words, everything in cryptocurrency are based on nothing of really valuable in the first place, and therefore we can say that in the long-term the future of this whole thing is not so bright but bleak. This can be likened to the printing of money which many central banks can be doing right now.

How valid is this assumption and what can be the best argument against this impression?

Right now, there are some countries which already recognized the power of the blockchain and cryptocurrency to be game-changers in different areas especially on matters of finance, banking and money. The blockchain, of course, can be adopted by any industry to make things better, faster and more transparent. Blockchain is not the solution to all problems we have but can certainly be of big help as a tool.

China is recognizing the blockchain and cryptocurrency by leading the way on research and by introducing its CBDC, though it may not recognize decentralized cryptocurrencies like Bitcoin, Ethereum and the others. I think this can be the same stance that other big countries like Russia and India are into.

In Japan and Germany, there is a strong interest with the blockchain and cryptocurrency and these countries are allowing big cryptocurrencies to flourish in the market amidst strong and strict regulatory framework. I think the same can be said for North Korea, Taiwan, Thailand, Australia, New Zealand, the Philippines and even Malaysia.

So what about the USA? Well, in the USA it is not illegal to own cryptocurrencies but one has to make sure that regulations are followed to the bones and tax matters are handled well, otherwise there might be a notice coming for you. Will USA be the leading force for the blockchain technology soon? Maybe yes maybe no.