A very nice move. Though a bit late, the thing that matter is that you cashed in in the dip and did not ignore the price correction. I have always want to do this but unfortunately, I do not have some money to spare. I do not have a job at the moment so I cannot do some cashing in in the mean while. Nonetheless, I will do that. I just hope that when I have some money to spare, Bitcoin crash accordingly

If ever Bitcoin gets banned in my country, then I will still continue earning some Bitcoins. Regardless even I cannot exchange it to fiat. I will continue to earn and hold and I will wait for the banning become over. That way, I can exchange huge amount of Bitcoins to fiat. That would be worth the wait.

I disagree to this statement. There will always be a formula to conversions. The digits will not just pop up and there we go, the price is this: $x. If you are telling that the price is to decided by the agreement of both seller and buyer then you are just saying that someone is controlling the price, thus Bitcoin is centralized. It seems that your logic has many flaws.

Bitcoin is a currency, there is no doubt about that because that is what it is. Satoshi designed it to be a digital cash, thus a currency. Bitcoin is just behaving differently from what it should be. It is behaving more like an asset than a currency because of its high volatility. But there remains a fact that we can use Bitcoin to purchase goods and services, thus it indicates that it has a characteristic of a currency. It is hard to point what it is since it possesses dual character. I believe it is a currency and an asset at the same time.

IF Bitcoin dies, then an altcoin will definitely get the abandoned slot. That is how things work. Bitcoin have competing or rival coins. Though Bitcoin is the dominant one, if it dies, the second to it will likely get the spot. The exchanges follows after this. They will replace the exchange rates to the new King of cryptocurrency.

You have a wrong point of view. If everyone can get what he/she wants then there will be chaos. People will be subjected to greed and will want to get everything he/she wanted. Though no one will be treated as rich in the aspect of money and asset, but the new rich people there are those who will have the most power. This will be a chaotic world without order at all. However you are right about having less crime, this is because no law will exist due to the absence of order and everyone gets what he wants.

I believe that it is not too late. We are still on the first few years of Bitcoin (less than 10 years) and Bitcoin has a very long way to go. Bitcoin is not an instant way to be rich, not now at least. You buying some Bitcoin, regardless of how much it is, is a very wise decision. Though you felt that you were a bit late, you cannot do anything now but to catch up.

Where will Bitcoin be in the next 2-4 years? Why don't we let Bitcoin to surprise us 

Then there are no more block rewards for the miners. Regardless even if the last block of Bitcoin is already mined, miners will continue to mine for the purpose of processing Bitcoin transactions. So if we are going to look in the aspect of profitability, then miners will only rely on transaction fees. We won't be seeing this, it will happen after more than a hundred years from now (I do not know the exact digits ). That is if Bitcoin will still exist on that point, though.

Are you saying that 1 Bitcoin is equal to the price of a 2nd hand Honda Civic or it is your prediction at the middle of September? It's unclear mate.

My prediction at the middle of September? hmm, let me see. Well that depends on what year
I think Bitcoin will stabilize between $4500 and $5000. I can see also a possible price drop to 4200 USD or lower. Just a correction, I think.

I do not know if this tremendous hype will be a good thing for Bitcoin. I've read in this forum that a quick and huge increase on Bitcoin's price is harmful to Bitcoin because the greater the pump, the greater the dump afterwards. Though, I want to see Bitcoin achieve these height but if it is harmful, then I would prefer a slow, steady increase.

Bitcoin has been so surprising these past weeks. Last time I remember, we are on a bear market so there are many ups and downs on Bitcoin's price, and then it became a bullish market all of a sudden. We have seen Bitcoin to surpass its own records several times within a couple of month. If this trend goes on, Bitcoin will continue to attract more people into using it.

I agree that government is an enemy of Bitcoin. Many (government) have tried to make Bitcoin illegal, and succeeded in some cases in their jurisdiction. They suppress Bitcoins potential that's why it took a while before Bitcoin exploded in a worldwide scale.

Miners are neutral that can be treated as a friend and an enemy as well. Miners mine for only one reason, to gain profit. So if they see that mining bitcoin is not profitable anymore then they can easily jump to another boat. Thus, harming Bitcoin.

Another enemy of Bitcoin is Bitcoin (it is not an altcoin ). Bitcoin can also be a threat to itself. Slow confirmation of tx, high tx fees, very volatile, etc that other people might hate about it. This is a considered threat/enemy.

Both of you did not get the term "exchange" on the OP. It is not an exchange like Bittrex, Kraken, etc so that you can exchage it to fiat. OP said, are you willing to give your BTCs in exchange for that someone. Understand the topic first before answering recklessly.

Well why not? Bitcoin is just an asset and is replaceable but someone very important to you is not. It could be your spouse, your child, your parent, your siblings, or anyone that has so much importance to you. I will make the exchange. Of course you will do anything so that there will be no casualties or any form of compliment. But if the time comes, I won't think twice to make the exchange.

US Dollar is pretty dominating currency. When we are to talk about the currency, dollar will always be there. USD is just the reference of measure. So regardless if the US economy is collapsing or whatever it is just a reference. You can see Bitcoin being converted to another currency, and they just refer to the USD equivalent. I don't know why are you making a big deal out of this. This is just a conversion factor, i.e., 1 BTC = x USD then convert to another currency.

Tamang tama nga ang mga nakalahad dito. Talagang iyong quality ng post ang kadalasang tinitingnan ng mga campaign manager kapag nag-aaccept sila ng mga participants. Malaking tulong ito sa mga Newbie hindi lamang sa newbie ranks kundi sa mga newbie din pagdating sa signature campaigns. Sana mabasa rin ito ng iba pang newbie para makatulong sa kanila. Para din hindi sila magspam na tanong ng tanong tungkol sa pagsali sa mga signature campaign.

A correction happens days after a very noticeable increase happened. About 10% or above. It could go down until it reached the same level it was before it pumped or above that level (most cases). The correction happens fast and if you are not aware of it, you might lose your chance.

I would buy if I have some to spare. But unfortunately.

Because they do not have the power to do so. Each government has their own sovereignty and jurisdiction and imposing an ILLEGAL label to Bitcoin worldwide is impossible unless all government in the world make the same move. However, some country/government acknowledges the worth of Bitcoin so it will be difficult to make Bitcoin to be illegal on a worldwide scale. Regardless of the threat Bitcoin gives to banking system, they just can't touch Bitcoin.

As far as I know, digital currency or money are made as a substitute to the physical ones. And when it become so widely accepted, the physical cash might be replaced entirely with the digital ones. The digital money did not start when the Alpha cryptocurrency was born but it goes beyond that point. We have the credit cards and such. So I think it is only a matter of time now before we see that the world is entirely using a digital money.

I think this question is difficult to be answered accurately. When you say "common" it means majority. Not all countries in Asia has declared their acceptance of Bitcoin. Only some of the popular country did. We do not even know if some are already accepting Bitcoin but they are not announcing it to the world. There is no concrete basis that would tell us that Bitcoin is common in Asia though some might think it is.