Is this surprising news for anyone? Most altcoins are bound to fail because they will never reach the critical mass required to make it big, and I think that's not a problem. In time, some altcoins will hopefully rise and become even more important, even if they never reach bitcoin levels.

Well if you are wealthy already, there is not much risk in buying cryptocurrencies because even if the price crashes you have money already, and if the price surges (which has been the case so far) you're better off than before. So it's a low risk-high reward situation, no wonder rich people are investing.

There is no ideal number. My favorite advice is always this: Invest an amount that wouldn't hurt you financially even if you lost all of it. Although we all hope for the best and want to make profit, the crypto environment (especially the altcoin environment) is highly volatile and you never know what might happen tomorrow.

I don't know why people regard every single rising altcoin like something that will revolutionize the crypto environment forever. It's just an altcoin that is going up right now, nothing less and nothing more. So invest if you like, follow the trends and cash out whenever you are in the green.

Please don't bet all your money on one single altcoin, spread the risk. Ethereum seems to be the safest choice right now, but I think iota will go up as well. It's going strong for now and looks like it has more potential.

The governments can try a lot of measures to ban it, but they will probably accomplish nothing more than pushing btc underground, which means governments will miss out on taxes. Due to this, it makes more sense for them to regulate it instead of outlawing it.

They are never worth your time, no matter what the price of btc is. You are better of spending your time elsewhere, participate in signature campaigns or something, it is bound to get you more returns than whatever faucets might give you.

Whenever the price goes above a major threshold, news reports push people towards bitcoin anyway. People around me who previously had no idea what bitcoin is started talking about it once the price went above $10K and $15K. We don't have much to do at the moment, the masses are finding out about bitcoin when they see the price is rising all the time.

To get a sense of where I am, I always pay attention to the USD price, otherwise you will always lose where you are. The bitcoin price moves all the time, altcoins fluctuate like crazy anyway, so I always think of it like, how much btc in USD did I sell to invest in altcoins, and how much USD would I make if I cashed out all my altcoins right now. I couldn't find any other sensible way of keeping track of where I am.

If you're asking about bitcoin, forget it. It's never going to be worth your time and money. Perhaps it could be possible to mine some very unknown altcoins (not sure), but again, why bother when you can do the same thing with a computer?

I think people who have been following bitcoin for some time are not panicking by now, because the trend has become predictable somewhat. The price increases suddenly within 1-2 days, followed by a sharp correction, after which the price starts to rise slowly until the next surge. I think nobody is panicking currently, other than people who bought at ATH.

When the price goes up significantly, and a correction looks to be imminent, I sell off some and invest it in altcoins. Some altcoins provide great opportunities to make some quick winnings, which I can then invest back into bitcoins. It has served me well so far.

No surprise, really. The price had risen too quickly. I think everyone is expecting the price to come down after such sudden increases by now, and it is not inducing panic any more. Once the price stabilizes a little bit, the push towards $20K can begin.

It's just a matter of time now until banks figure out how much potential cryptocurrencies have. What we need now is for governments to take a step forward as well and start looking at how bitcoin should be legalized for good. Because if big banks are in the game as well, the governments will have to address this as soon as possible.

I'm thinking both. If the price stabilizes, a correction will not be necessary, and the corrections until now have pretty much always came after fast price increases like the one we have right now. The way to $20K will have fast rises as well, so it's not out of the question to reach $20K and then have a correction. This may even happen within this month, with how fast the price is going up.

If you have btc, then hodl because the price is going up. You never buy while the price is going up, especially when it's surging like it has been in the past few days. If you have some fiat that you want to invest, you may look into some altcoins. You can trade altcoins faster than btc, and if you get lucky you may come across altcoins which go up by like 60% in one day.

Is it right to call it a crash? I also believe that the price will fall sharply now, due to people dumping at the $15K level, but I think the price will recover relatively quickly after the dump. It is what happened at the $10K level, after all... So I wouldn't call it a crash.

The blockchain is particularly slow today. I sent bitcoin today and paid around $4 as the transaction fee, which normally means that the transaction is confirmed within half an hour. Today the confirmation took more than 2 hours. So I would suggest patience, and eventually your transaction will be confirmed.

Although I think this will trigger people to dump their coins and with that push the price back down, I think it is a historic moment that the $15K threshold has been reached. Up until a few weeks ago I was skeptical about seeing $10K within 2017, and now maybe even $20K is possible this year It's totally crazy.

I think everyone knows by now that you should keep your coins in your wallets and not in exchanges. However, when you want to do some quick trading or get into some buy/sell actions, the high transaction fees and times prevent you from doing that. But in any case, you should always keep your coins offline, you never know what will happen when your money is in exchanges.