Bitcoin is a good investment, especially if you are long term oriented. Gold may go up 10-20% in the comming years, or even go down. Bitcoin has so much room for growth, that is basically not the case with Gold. That's why I don't invest in Gold. It's basically waiting a few years for a skimpy profit, while Bitcoin has much much more to offer.

You seriously think in January next year the price will go lower than it is right now? If you are indeed serious, then you are going to get very disappointed by then. It makes sense for the price at that time to be (much) higher than the current price. Since you have nothing to sell as you aren't holding, you won't face this problem

I don't see a reason why not. Both currencies can function together to offer us the best possible experience. People must be able to convert both currencies back and forth without issues. We must accept that not everyone is interested in Bitcoin. As long as the majority (by far) of people don't use Bitcoin or don't even know what it is, we can't do much other than collaborating with fiat currencies.

Don't get distracted by the price going down a few bucks. We have seen a more than decent price increase last days/week. There are people who are selling to take profits, nothing will happen. It only slows down the rally a bit.

Weird but funny thing is that Huobi is around $20 higher than Bitstamp and Bitfinex, and BTC-E is $20 lower than Bitstamp and Bitfinex. BTC-E is being kept down by a 560BTC sell wall, which is a joke. This wall would vanish instantly on Bitstamp and Bitfinex. Who still takes Huobi and BTC-E serious nowadays??

Most people don't care about these auctions anymore. The very first auctions were followed by a lot people, nowadays not so much anymore. I don't think it will have an impact on the price. Those who buy the coins that are being auctioned will probably hold them at least till after the block halving.

It's just a matter of days before we make another attempt to break through the $350 barrier. I think we can do it before Sunday next week. Especially if China is going to pump hard as hard as it did last days.

My current use cases are :

# Converting each month a certain amount of fiat into Bitcoin to use it as a store of value.
# I send and receive money, to and from, different parts of the world a few times a week.
# I pay freelancers that do coding, designings, etc, for their efforts in Bitcoin.
# I purchase digital goods with Bitcoin, such as domains, servers, etc.

If investing is also considered a use case, then that too. Mostly every day if there is decent enough volume.

Why is it hard to make transactions in real life? I do it from time to time with my phone. I just scan a QR code and then the transactions will be successfully completed. Easier than that isn't possible. I do however agree with you that there are not a lot stores that accept Bitcoin, especially if you search through the stores in your area. You realize that there is a long way to go to make them accept Bitcoin.

2013 is a great example. So many people didn't buy and kept saying at $200 that it is too late to buy. After that the price reaches $300, oh no, again too late to buy, $400, $500, $600, $700, $800 nooo, now it is really too late to buy. $900, $1000, $1100 ohhhh, I don't want to miss out again, I'll buy right now  

That's why the price on Chinese exchanges have no value for me. I solely follow the price of Bitstamp and Bitfinex. The $300 price level looks strong enough to prepare itself for another short rally, probably to $350.

In order to achieve that, we need to see a lot money from institutional investors flow into Bitcoin. For that to happen, we need to offer them way better exchanges and the best and safest possible trading platform. Current exchanges are nothing and will shit in their pants when they see investors want to deposit 20-100 million. No one in his right mind would deposit these amounts into the current exchanges.

Will Bitcoin replace the USD? No. There is simply too much money involved for the world economy to let the USD fall. If the USD falls, we also fall with it. Bitcoin and fiat currency can perfectly work together to offer people the best of both worlds. Bitcoin will stay here for a very long time, the rest of the crypto will slowly fade away, and we'll forget about them as we only need to focus on Bitcoin.

I have the bitcoinwisdom site open all day on my second screen to see what's happening. When I'm not at home I just check the price 2 or 3 times on my phone. There are days that I don't look at the price at all because the price has not been moving at all.

This information doesn't look very genuine. And beside that, some people who have a huge load of coins, may have split their total coinage into hundreds of addresses just to stay under the radar. Exchanges have thousands of addresses filled with coins.

Nothing is impossible when it comes to Bitcoin. It may take 10-20 years to reach that price, if ever. I am fairly sure that we will see a new ATH in the comming years. Let it be in 5 years. I have enough patience and trust in Bitcoin to hold my coins for plenty of years.

Most of us know that already. We just need to make sure the average Joe's of this world will also understand that Bitcoin is the best alternative to any current fiat fueled financial service. If they realize it at some point in the future, the userbase of Bitcoin will explode. Currently services as Mastercard, Visa and a few others rule their market with iron fist with their ridiculous fees and policies. Who in his right mind wants that?

I do think that Bitcoin currently is over-bought. I expect the price to stay around the $300-$320 for a few weeks, and maybe even sub $300 for a short while. All this is just a raw guess. We can also continue the bull run next week to $350 and even higher. I only hope we'll not fall back to sub $300 to stay there again for months.

Again? Just read my comment again and you'll understand.

All this allows people to make more than decent profits. Best is to enjoy this while it's still possible. There will be years comming where the growth might be "just" $50-$100 per year, maybe even no growth at all as we'll also face less profitable years. Nothing goes only up.

I will never be attracted by exchanges that are clearly increasing their actual volumes by x10. That for me is reason enough not to join them, even if they offer you no trading fees. Any trader with common sense can see that.