The thing that makes Bitcoin a success is its decentralized nature and Ripple doesn't has that. No matter how much budget they have to promote Ripple they are never going to get adopted by the crypto enthusiasts. Also why would someone use a centralized coin like Ripple when they can just use a traditional database instead.

The first thing that the governments are going to ask is to make the bitcoin transactions not anonymous. Will we be able to do that? I don't think so. So this is the first roadblock. Now the second one is, the governments are going to ask for control over bitcoin and what can be allowed and what not. This also isn't going to happen. So these are the two major roadblocks when it comes to forcing the governments to legalize Bitcoin.

If the lightning network ends up being a dud than yeah you can say that Bitcoin failed as a currency but if it becomes a success and widely used than saying it has failed as a currency would be wrong. The main purpose of bitcoin is to make the people the owner of their own money and it is great in doing that.

Bitcoin needs to innovate drastically to stay up to date with the current market otherwise it risks the challenge of getting dethroned from the number one position, as there hasn't been much development happening on the bitcoin network apart from the lightning network. It needs to fix its high transaction fees problem at utmost priority.

Why would it take 5 years for Bitcoin to reach $16k, when in fact bitcoin has almost doubled in price every year. Are you some kind of astronomer that you can predict Bitcoin prices. Also there are many people in this world who don't know about Bitcoin and are most likely tempted to invest in it when they realize about the potential returns it could give. 

I think that there is only a single chance of Bitcoin reaching $1k price and than it wont go anywhere near that price again ever. I think that Bitcoin is way over valued for what it does cause it doesn't even do properly what it is supposed to do. Although with so much new money entering the crypto space we wont be seeing lower prices again.

The only good use case of bitcoin miners is that it produces heat and this heat can be used to keep your homes hot during winters. Other than that I don't think there is any other use of bitcoin miners. Other wise bitcoin is just bad for the environment and uses too much electricity when there are alternatives to mining.

By investing your school fees into Bitcoin you have risked your future and that is something that you should never do. Also if you bought during that period than you most likely bought the top and might be in huge losses right now. Investing your money in such a risky and volatile market is never a good option especially when you need that money badly.

Yeah they are correct in saying that most of the crypto currencies are going to end up becoming obsolete and dieing. Just look at the top 100 coins three years ago and today more than 90% of those coins are no where to be seen. Also, as the crypto world innovates the older technologies are going to become obsolete and make way for newer innovations.

Why would you deposit your bitcoins in bank accounts? When the reason it was created was to free us from the banks and make us our own banks. Also why would you increase your risk and give your bitcoins to a third party when you can secure your Bitcoins yourself by storing them in cold storage.

When someone says that Bitcoin is number one than they are mostly speaking in terms of market cap. But if you look at Bitcoin from a different angle than it is number one in almost everything. Let it be the number of developers coding for it or the number of active users or it being the first crypto currency in the world.

I think just the single thing that makes the whole bitcoin project worth it is the option to be the sole owner of your own money and being able to transfer it to anyone, anywhere in the world for almost no fees. Poor people don't have these options in real world if you don't know and just cause you have access to these options doesn't means that others don't need it.

Tether is just one catastrophe away from crashing the whole crypto market. The number of people who have huge amounts of their money in tether is crazy and if the Tether turns out to be a scam or gets hacked in the future than there is nothing stopping the blood from flowing in the crypto markets.

No matter how good someone is at trading or technical analysis, he cant time the market accurately. While on the other hand one can never go wrong by buying and hodling a coin, if the coin has strong fundamentals. So I would say that buy and hodl is the best strategy and the thing that will make you rich.

To answer few of your questions, bitcoin tends to drop this much in price after a bull rally and the bitcoin price fluctuates this much because of the volatility that is induced by the whales due to no regulatory over watch. The price of Bitcoin is mostly affected by the whales and demand and supply of Bitcoin. Also the price of almost all the altcoins is coupled with Bitcoin.

Why are you getting so panicky. Do you expect the price to keep on going up forever? And do you expect the price to recover so fast after the huge rally we had last year. Expect few more months of correction before we reach any where near ATH again. In fact I would say don't expect us to reach near ATH this year at all.

Well some of the basic requirements of mining Bitcoin is cheap electricity and ASIC miners. If you have these two than you can start mining. But if you don't have even any one out of them than mining BTC wont be feasible and you should instead just buy bitcoins from the exchange. Also mining on small scale isn't really much profitable nowadays.

Yes it can. Bitcoin has been acting as the foundation stone of the blockchain technology but not everything that starts something revolutionary stays at the top forever and similarly Bitcoin will have to eventually make way for the next innovative tech. Also the DAG coins are going to change the blockchain world tremendously.

Of course someone can steal your Bitcoins but not the way you are saying but by hacking or scamming someone. As trying to crack a private key isn't possible with the current hardware in the world. The person trying to crack is most likely going to need a quantum computer to even think about trying to crack a private key and steal someones bitcoins from it.

Cause government organizations and banks are running negative campaigns against Bitcoin in the media and the media is just a face but the one promoting this negativity against Bitcoin is the banks and government organizations. They are doing this cause Bitcoin directly threatens their monopoly over money and Bitcoin is something that they don't have any control over.