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      "body": "Congratulations @eyeknow! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@eyeknow/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@eyeknow) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=eyeknow)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "body": "There are many speculations of US Congressman/Woman more so trying to regulate cryptocurrency use. But, more so along the lines of how to tax the currency and track the transactions. If any major country or community outright refuses to use cryptocurrency it can impact the value or valuation of the commodity itself. Although cryptocurrency is similar to currency and some can be used as currency such as bitcoin, I prefer to think of the value of the currency like a commodity. For example if bitcoin was an item in a store, but many stores refuse to sell the item, the value may go down because no one really wants it but the manufacturer is still trying to sell it. But, the other around as well, if many stores want to sell the item then the manufacturer may want to increase the price, knowing that many stores are trying to use or sell their item.\nIn my honest opinion, cryptocurrencies are part of technology and with most technology they are a step toward the future. The future of growth and new ideas. \nOne thing to look at is specifically in Asia; Korea ,China, and Japan have very large markets and consider to use/support bitcoin and other cryptocurrencies. Since I don't believe they(cryptocurrency) will ever be fully banned, at least not in the nearby future, I would decide on which currencies I like or want to gamble on and then purchase and hold them. For best or for worse. \nIt's a gamble. Since cryptocurrency is very volatile, I can say that there can be high risk but if it plays out well, high reward.",
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      "author": "ikteru",
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      "body": "That's a good way to look at it! Makes me think about buying it myself! I heard the US senators are thinking about banning the cryptocurrencies in the US, is that true? If the answer is yes, do you think the prices will go down, if they do! Would you buy in this case considering that cryptocurrencies might be banned forever?",
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      "author": "eyeknow",
      "permlink": "bitcoin-and-cryptocurrency-price-drops",
      "title": "Bitcoin and Cryptocurrency Price Drops",
      "body": "Have you thought about when is the best time to buy into any of the currencies?\nMany people have asked me, when is the best time to buy or get into the action, or even if it is too late.\n\nI say, sooner is better than never, as an investor's point of view. \n\n![images.jpg](https://steemitimages.com/DQmbKKzjjzTc6e4YTqSqbb9Jrgz4sgbEeFh9PQB3oe7FQYM/images.jpg)\n\nIf you do a little bit of research and read from, cointelegraph, cnbc, coindesk, and other know speculation sites, you'll always read the latest and greatest on cryptocurrencies. Prices typically drop when major economical or political changes pertaining to cryptocurrencies occur.\n\nLately, there was a DDOS attack/cyberattack on one of the well known coin exchanges/Bitfinex. Due to the security issue, coin holders more than likely decided to sell or trade off some bitcoin. When problems occur price drops. \n\nTo most people that sounds like a bad thing. I for one disagree and am glad the price drops. This allows you as an investor to purchase particular coins at a lower cost. And as an optimistic investor you would hope the coin you purchased would continue to develop and grow in the future. Therefore purchasing lower in hopes of greater gain is a win-win.\n\nI would recommend in waiting for price drop to use as an incentive to purchase low. Too difficult to ever predict but, if you read enough news, follow the trends, and with a little luck catch these price movements on time.\nLike any good stock salesman or saleswoman would say. Buy low sell high. Inevitably that is the ultimate goal. \n\n\nThanks for reading.",
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      "body": "Appreciate the insight, and thank you for the comment.",
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      "title": "Cryptocurrency, To Buy or To Mine",
      "body": "Firstly, as many have said or have posted before, cryptocurrencies are looked at as a currency, when they are more so a commodity at this point. Many ask whether they should invest in Bitcoin, Ethereum, Lite Coin, and other cryptocurrencies. As an investor, you may want to do a lot of research on what each coins' purpose is and what they can achieve. Each block chain is different and serves a different purpose, therefore will be used for different processes. If you research enough you may learn of \"mining\".\n\nPurchasing cryptocurrencies such as bitcoin, ethereum, and others in order to hold and save them, would be one option for testing the growth and future of the currencies. Some investors say it is never too late to invest. You may decide to purchase some of the cryptocurrencies store them in hopes they will be your golden egg in a few years (depending on the political/economical outcomes surround cryptocurrency issues). \n\nAnother option is to mine cryptocurrencies. Mining can be done in practically two ways. You as an investor can go to different mining sites such as bit club network and genesis mining. These sites allow you to purchase a membership and mining option. Mining offers you as the investor the option to have the owners of the program use their software/hardware/resources to mine cryptocurrencies for you. You will get daily deposits, although fractions will add up of time. If prices surge for the cryptocurrency you are mining, in the end you would have made some sort of profit.\nThe other way to mine is to purchase personal computer components, to create your personal mining rig. Not difficult and with a little research anyone can do it. Main things you will need aside from a decent computer set up, would be fairly powerful graphics cards, preferably hard lined internet, and a constant power source. If an investor were to mine, a place where they would not have to pay for power would be obviously ideal. This way you would cut costs down, and create higher daily/monthly revenue.\nPersonal mining will create more cryptocurrency for you in the long run than purchasing mining/options from different sites. Don't get me wrong, mining sites are not pure scams. You get what you pay for and sometimes not much more.\n\nIn my honest opinion, purchase some cryptocurrency you would want to hold on to, and if the option arises to create  your own mining rig, than this will maximize cryptocurrency gains over purchasing them out right.",
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