I feel some of us are misconstruing this. Paper money is totally different from fiat as a whole. Fiat will definitely remain no matter what, but when we are talking about paper money, we are talking about cash here and from what I am experiencing personally from my own angle, it seems this is gradually becoming irrelevant in some places and in most of the places that are developed, hardly will you see people using cash these days except once in a while if it is just necessary. So, will paper money one day go into extinction? The likelihood is definitely there.

It is a speculative market and there is nothing we can do about it. So many people will always out of optimism give us what they believe or what they assume, but that does not necessarily mean they will happen, as no one can predict the future anyway. I am good where we are and I have great optimism that the future is better, but we cannot know what it holds and no one definitely can, no matter how they think of themselves as experts.

Bitcoin is just going to be a currency accepted globally by some part of the global population and even though it makes transaction easy for a lot of people, the governments cannot accept it to be the official currency and would rather regulate it to benefit from it. It is an idea that is already flying all over the world as it makes payment easy worldwide without border effect, and that would make it accessible by those who have access to it, and nothing else asides this.

That is just another way but that does not exclude trading. Trading is a very good way to earn a lot passively even if you do it yourself or you make use of bots. I have been making a lot from trading over the years and as long as you know what you are doing, you will always be fine. A lot of people miss it when they think they can just do it all by themselves without learning and practicing and that is extremely bad.

I totally feel the OP. The thing is that a lot of people may go the HODL way, if they do not have any trading idea. It is good but in the long run, it is not actually the best way. I remember early this year selling all my assets in alts which grew with some $9k profit which from my blockfolio app right now, they are all $2500. (decided to leave them in the app until I buy back to know what I would have lost). Anyone can do the maths. I can easily buy back more of these coins now at their dip and wait for the next phase. HODL if you can and trade if you can. None is bad, but obviously trading is much better.

Very hard bro! Very hard!! Probably, maybe as a result of my knowledge of the stock market and how I have experienced somethings like this in the past trading stocks, I have always learned not to ever buy any market whenever it is in a bull rally because you are just going to end up screwing yourself. Nothing was driving the market except speculations, and this is the result.

I feel for them honestly, but right now I am happy buying the dips and I believe anyone who bought at the top should still do the same, as that can help them recover some when the market bounces back, even though it does not bounce to the previous ATH before the end of the year.

Exactly. As long as your income can hold what you are spending, then you should not have a problem where ever you are. Most places with low cost of living, may actually have a general low income level, unless there is just a high balance anyway which is the edge some may have over the other.
In fact, from the website, it is obvious that the local purchasing power in most of the high cost of living places, kind of compensate for the living standard.

I feel the only reason most people do not consider it as risk is because they are really not putting in their funds, but they have forgotten that they are working for it and getting paid, so whatever happens will still affect them. The OP mentioned airdrops anyway, and I really do not see that as something much to worry about since it is basically free, but generally, there is risk in everything, but it only differs in level.

Yeah, we really do not even need to be worrying or bothering ourselves over something that is impossible. Generally, market is volatile and there is nothing anyone can do about it, so as time goes on, we will still keep having a volatile market but an uncontrolled one.

However, stability for me is not even a problem even if we ever get to see that happen. The idea of making transactions from anywhere in the world easily makes it interesting and that is what would always make it fly.

Sorry! New here, so pardon me for not giving honor to whom honor is due, if apparently he deserves the honor, but who is he? Masterluc? Been seeing the name appear on this thread over and over.

Oh la la! I would not want to get my hopes up too much though, but I got back all in at $7800 while targeting the 200MA with the mindset that the whole drag down was an institutional play and some great number of big boys would not want it to go below that line. I really hope I end up getting this one right, but from the look of things, I might be popping some expensive champagne soon, and that is if I do not end up smoking shisha at $5000, if it ends shitting some more red lower than what I bought.

Well, the whales are still playing with the market and all those newly registered users on the exchanges are just you and I who are buying so little compared to when the institution steps in, once they feel the bears are fully worn out and then we start seeing FOMO buys all over again.

$8k here we come. Honestly, lower than this will cause some panic dump as that will end up dropping below 200MA. Do you guys think this can hold? With the buy walls getting squashed.

You can still open the bottle of champagne now bro! 

You do not need to look forward to the day again. I am satoshi, I only opened a new account, changed my username and now you caught me! Happy now?

Jokes apart, if someone comes out today to claim to be satoshi, will you even believe? Secondly, Satoshi disappeared for a very valid reason which we all know already, so you think he is going to change his mind after almost 9 years? Please! Satoshi is already alive in the bitcoin you are using and that is the closest you will ever get.  

Taxing can really work if you are converting to fiat, since that would be more like a capital gain tax. However, bitcoin to bitcoin transaction? I am not sure how that can be pulled off. Bitcoin is pseudo anonymous and unless the government finds a way to know who is attached to a particular public address, which is impossible since I can always decide to change my pub key anytime i wish, then with that, I really do not see the possibility of taxing P2P transactions.

I won't be surprised that some investors will still fall for it anyway. It is a crazy world out there in the ICO field, and it takes being extra careful to be able to succeed which is why I do not even bother myself as long as the team does not have a good record or history to hold on to.

It even surprisingly had a little bit of growth recently before bitcoin showed itself. No one can say if there is a future for this coin or not as it all depends on the usefulness of the coin itself, how the devs are able to work hard to make it stay relevant and how users end up perceiving the coin. For now, let's just hope and assume there should at least be a future for ETN.

I am sure you are very close to the moon right now. You would not have imagined it would be this soon right before they ended up closing down. At least they had plenty of reasons to give.

It is a market and as long as the coin remains there, I am sure one way or the other, it would still be played with by some whales before we end up seeing their final days.

You do not have to beat yourself for a mistake that you cannot change. Everyone has once made this mistake of impatience before, and the only best thing you can do to yourself is never to make it again which is one of the reasons I have learned to hold and until recently that I started trading and really know what I am doing which still has not stopped me from holding some coins for as long as I can.

Welcome to the world bro, there is none. It is a decentralized market and unless you want to stay on the low cap coins which does not even guarantee non flunctuations, it is something you just have to bear with. Unless of course you want to hold TETHER which would never change from $1. Best is to buy, hold and come back in few years.