It could be addicting, especialy of you are making profit. That feeling and adrenaline, at least in my case, it's hard to replace with something else. It keeps attracting you to come for more.
So, you have to be careful and know your limits similar like with gambling otherwise you might find yourself in troubles.

Yeah, the same story every time, over and over again.
At first I found annoying all the panic and drama about the price and couldn't quite understand why new users are so ignorant.
But now this is actualy very amusing for me. Experienced users will take opportunity and make profit out of it and newbies will act like drama queen. The only problem is that some of them will never learn.

To my opinion cryptocurrencies came in the right moment, when economic crises have started all around the world. They seamed to be alternative, some kind of saviour.
Still, not everyone was ready to accept such changes, new technologies and new way of thinking. That is why we need some time for cryptocurrencies to get fully accepted and positive regulation could help with that.
Now we are facing the situation that new coins appear all the time but not all of them are ready for the market and not all of them contribute to cryptocurrencies promotion and acceptance. But I beleive this will come to balance with time.

It's true, regulation can help us with scams but not only with that.
Regulation and legal back up will help Bitcoin to get more accepted and introduced in legal businesses and economy. Also, people will have more confidence in something that is legaly regulated so demand will increase and that could lead to price increase.
To my opinion regulation is good and needed.

Cryptocurrencies and especialy Bitcoin in many countries have become more equal to fiat money then they were before but still they are not accepted enough. You just can't buy any goods or services that you want with crypto.
Some solution for that are Bitcoin debit cards that enable you to make payments not thinking if merchants are excepting direct crypto payments or not.
With better Bitcoin regulations some problems regarding payments might get better so I hope we will get more opportunities soon.

If you think that trading is easy than you don't actualy know what are you talking about. And the profit that you are making now will not last forever, from time to time you will have to experience some loss too.
To become successful trader that will be able to last on the market and make continuous good results you have to aquire a lot of knowledge and experience. But with time you will figure that out on your own.

In theory there is no lowest bottom price, it could be any at all. But in practice, this time I don't think that Bitcoin will go that low, I don't see no circumstances that could lead to such scenario.
Current correction is quite expected and normal and I don't see the reasons to panic and to predict such low price.
To my opinion if price continue to go down it will not go under 5500$.

I don't think that Bitcoin is losing the value because that decision is postponed. Such news could influence Bitcoin price but only short term. To my opinion current correction would have happened no matter the SEC decision.
I realy can't understand why people can't learn that Bitcoin is volatile and price fluctuations are normal. And I'm so tired of such dramatic announcements, like "game over", every time when the price goes down.

Bitcoin mining is not profitable these days unless you have a mining farm. You will have to spend and invest much more than you will profit. Despite that there are still few enthusiasts that beleive mining will bring them profit.
On the other hand cloud mining is mostly scam and something it should be avoided unless you don't want to lose your money.
The clear conclusion is that individual mining belongs to sone past times and that you have to choose some other investment type.

Yes, I think changes are inevitable. Not in the way like PayPal did but with time adjustments will be needed in order to progress further and to preserve position on the market. Nothing can't stay still and frozen in time, development is always needed.
So far Bitcoin doesn't have some serious competition that would endanger it but there is room for improvements that can make Bitcoin even stronger and better.

I think at the moment is not so important and just few of them are using Bitcoin or some other cryptocurrency for their business.
Reason for that is risk that is still too high and lack of regulation. In order to have something implemented in your business solution you need some legal and economic security and Bitcoin doesn't have that.
For smaller entrepreneurs is a bit easier and some of them are more keen to get involved in Bitcoin but large players have different view on this.

Every solution has its bad and good sides, so the same it's with this one. Complete security also doesn't exist so it surely has its downfalls and I don't think that it will be anonimous, at least not completely. KYC has become a must for legitimate businesses.
To my opinion Bitcoin debit cards are so far the best solution for easy and convenient Bitcoin payment. Except that we need more cards providers.

Taking risk is one of the most important rules when investing in Bitcoin. Together with that one that you shouldn't invest more than you can't afford to lose.
These are very simple rules but still many forget them or completely wrong beleive they will be able to avoid the risk.
Remember, not Bitcoin or any other investment is risk free and no matter what you do there is no guarantee you will make profit. And if you lose, you are the only one to blaim.

This is exactly one of the most common mistakes that newbies and unexperienced users make. They want instant profit without any knowledge and skills and then they end up in instant loss.
Something like instant profit doesn't exist. You have to invest your time, skills, knowledge and hard work to see the results and profit will not come over night.
Even if in some lucky case you will earn something quick, it's great possibility that you will lose that even faster.

Well, we haven't seen 10000$ for a while. And to my opinion it will take some time for Bitcoin to reach that price again.
Still I'm not worried because of current price, it's just part of volatility and I don't expect some biger dump.
Anyway, now it's the good opportunity for more buying and ensure profit for later.

Yea, newbies can be dangerous but at first place for themselves. Getting involved into Bitcoin without basic information and knowledge how it's functioning, making reckless decision could lead to loss. And the sad thing is that more and more new users are only interested in fast profit and all philosophy around Bitcoin that is more than just investment or payment method doesn't bother them at all.

Before investing background check and due dilligence are the must. What is important for me is credibility of the team behind the project, open and transparent information sharing, the quality and potential future of the project.
If anything at all looks suspicious or something relevant can't be checked I wouldn't invest.

It's possible but that still doesn't mean it's going to happen. Situations from the past don't prove that the same scenario will happen again. Too much observations on the past will inhibite you to watch clearly to the future.
My opinion is that this fluctuation will continue in the next month or two and the price will go up and down but I don't think it will fall under 6000$ or 5500$ max.
In September I expect the price to slowly rise.

Of course that banks don't like competition and Bitcoin definetely is competition in a part of services that are currently reserved for banks.
But competition is good and healthy and this can only make banks to improve their services and their attitude towards clients so we all could have benefit from it.
Also, sooner or later banks will embrace Bitcoin because they know they can't escape new technologies and virtual currencies if they want to survive in the market.

You can try to host a mining farn somwhere abroad but the problem are the laws of that another country and will you be able to get the permit to run such business.
So it's not only the cost of electricity that might be your problem.
Maybe if you search for some information about running business, regulation of cryptocurrencies and electricity costs and then to make the decision.