A few months for cryptocurrencies all over the world have been a little difficult as there have been a number of speculations regarding the Digital assets reliability and credibility.

Just like other countries, South Korea was also earlier conjectural about the usage of virtual currencies in the country. According to recent improvements, the Financial Supervisory Service (FSS) of South Korea has declared that the government is ready to accept 'Normal' cryptocurrency transactions.

The officials further clarified that the entire world is planning to introduce a regulatory framework to gain a control on digital currencies, hence, instead of developing strict and strong controls, we should realize the importance and enable it for Normal transactions.

However, this new statement by FSS official, Mr. Choi completely contradicts his earlier stand on designing strict regulations on cryptocurrencies. Earlier, he even remarked that Bitcoin will lose its bubble later. So, this new optimistic approach towards cryptocurrencies an opposite viewpoint.

This initiative is helping medium and small-sized exchanges as the Korean Blockchain Association has imposed a real-name system on exchanges and thereby ceased the usage of virtual accounts that permit anonymous digital currency trading. This will encourage security and safety of the transactions and safeguard the money of the cryptocurrency holders.

The government authorities are also encouraging Banks to work with Crypto exchanges and make transactions with these crypto exchanges, as they have sufficient and efficient systems that can freely open virtual currency real name accounts. This will to an extent solve the problem of small and medium-sized exchanges who are unable to obtain virtual accounts

Now a days, Bitcoin transfer takes too much time..
I don't understand this why this happen.
Yesterday , I transfer my bitcoin from one account to other it takes almost 2 hours to display in my account..
This is too much time taken now.

Can we model a price of bitcoin?

If so, how? What are factors???

Show us your idea!

Hello. I was thinking about bitcoin disadvantages, and I just realized how bad the bitcoin was for the environment. We are literally destroying the planet with mining. And it will get worse and worse.
I think, if we want the bitcoin to be a viable money we have to solve this problem. I was thinking about green energy.
What do you think about this problem, and how could we fix it?

Hello Guys,

For some time I was a silent reader of bitcointalk forum, but now I decided to contribute.
So I started an Youtube series, to talk about bitcoin price changes, first video is here:

Now, you may ask, why doing this?
I'll try to answer what are the honest reasons behind doing this.

1. Give something back!
I've found a lot of support on forums, community has helped me alot with ideas and have questions answered, when I started with mining and trading. I want to give some of the knowledge back, and this is putting some work sharing with what I learnt.
2. Do something for myself. My personal objective is starting something new, that will help improve some skills. This is youtube technical analysis.

What are the benefits and what could be seen in the videos?

For the followers, this will be a bitcoin price analysis, explaining trends using Eliot Wave principle. We've found that Eliot Wave is a strong technical analysis and applies many times for the price changes we've had with cryptos.
Linking this technical analysis with fundamentals (news around bitcoin), to get a good forecast. This will help one trade, or maybe withdraw money from mining at a very good price.
I really hope this works and will be put to good use.

This will be my first dive into youtube videos, so any support and feedback really helps. Thanks.

LOTS OF RUMORS AND BLACKHEAD NEWS COMING AROUND THE WORLD , ARE WE SECURE IN OUR INVESTMENT ON BITCOIN?

Bitcoin has certain characteristics that are similar to typical commodities, such as gold. Bitcoin also meets some requirements of the standard definition of a currency. Some argue that bitcoin is a security, or an investment contract with implicit or explicit ownership terms.
What Type Of Asset Do You Think Bitcoin Is? Commodity, Currency, Security, Perfect hedge?