And just like that, it seems BCH price is heading down a bit. It held at $4,300 for a bit this past hour and now it's down almost $1k, which is about a 20-25% drop. Is this another cue that BTC will increase again?

Well it's back up to 16,800 now. It's been hovering in the 16-17k range all day, so not sure what that says about it. Bitcoin Cash definitely is spiking though which is surreal. Almost feels like another get in or miss out moment a lot of people had when Bitcoin was just under 10k. Still hoping for the recovery..

I'm guessing the question he's really getting at is whether Bitcoin can be a viable method of currency on its own right without the stock-like behavior of appreciating in value over time. Ordinary currency for example will actually depreciate (time value of money), which is the opposite of what Bitcoin does, yet we use that in everyday payments for anything and everything. If Bitcoin were to be more like regular money, would it still be as popular?

I think the answer to this is really dependent on the availability (including how easy it is to get it), learning curve of its use,  and of course on the transfer fees/timing. That stuff really kills any transaction you make with it. I mean I had to pay ~$23 or so last night just to transfer my own Bitcoin into my own wallet. Can you imagine if someone asked you for 23 bucks every time you put Dollar bills in your own pocket? That's the kind of hurdle it would need I think to be viable as just a regular currency with no price volatility.

I was temporarily in the black again this morning when it was in the mid 17k, but seems to be down to low 16k again. I wonder how long this trend will continue before it spikes again. Still a little concerned since I vested a decent chunk of change into this thing and was hoping to see some kind of profit by now, not a major loss.

Hope you're right about that. It seems to have stabilized a little bit at least, it seems to be holding at the mid-high 16k range with some random dips. Hopefully before Christmas it'll head back to where it was or higher.

Hey guys, total noob here. I've heard the ledger nano S takes some time to transfer from Coinbase to the device, depending on amount being transferred. What is the best estimate on timing?

I hear you it's not good to panic, but just checked again and I'm now down about $900. Is it really expected to grow again in the near future to the 19k levels it was at Saturday? I'm seeing a lot of "don't panic" type posts here and I can't tell if everyone has more experience and knows better or if we're all just being hopeful.

BTC newbie here, I bought in a week ago at 17,300 or so. What are the projections going into next week? I'm down about $600+ at the moment and I'd rather not sell at a loss, but I'm not expert enough at this yet to know if it's just a minor setback before another huge gain. Any ideas on the future coming days/week?