As of now, bitcoin has maintained its value at around $3,800. I think, it is not a good time to invest at this point. However, the value of altcoins (especially litecoin) is dropping now, and I think that it is best to invest to these. Litecoin, for example, has dropped from around 0.017 BTC to around 0.012 BTC in just few days. This is the right time to invest to it now, as it will possibly rise up again in the coming weeks.

I don't think that China hates bitcoin. They are just destroying the reputation of bitcoin because they might be planning to create a cryptocurrency and aims it to become popular. China is always known for its innovations, and I know that they can copy the structure of bitcoin and create a new cryptocurrency. They might also want it to become as valuable (or more) as bitcoin, thus, conditioning the minds of people over their point of view on bitcoin.

Many people are also saying that ETHEREUM will pass up the bitcoin, but I don't think the same. For me, bitcoin will still remain the top 1 in cryptocurrency ranking. Another thing, I really disagree that ETHEREUM will grow that much in 2018 (putting into perspective your idea that ethereum will pass up bitcoin in 2018). Bitcoin, as of now, is 14x the value of ethereum. Do you think, in the next 15 months, ethereum could beat that range? I don't think so.

Actually, bitcoin is easier to get than gold. Gold is rare nowadays, and we can not just own gold as easy as we own bitcoin. Another thing is that, bitcoin is a digital currency, while gold is a physical valuable element and is hard to find. Although gold has more uses than bitcoin, it is harder to acquire and keep unlike with that of bitcoins which can be bought and transferred online.

Not just a role, but it is a BIG ROLE. I can see bitcoin becoming one of the greatest invention of modern age. More people will use bitcoin in the future, and more establishments, shops, stores, and commercial companies will be accepting bitcoins as a payment (even today, there are already some which are accepting bitcoin as mode of payment).

I think, that bank is just afraid of cryptocurrency (esp. bitcoin) because they can see its potential. In the world of business, a company will make very move they can to beat their competencies. In this case, banks who are telling people that cryptocurrency is dangerous are making strategies to condition the minds of people and make them switch to their services.

Why not? It's a big YES if that is the case, considering that most people are now using cryptocurrencies in their transactions. And the matter about the currency going up or down by 20%? That's normal. Actually, in our country, our official currency just fell down by 25% in just 2 years. Bitcoin is still the most valuable cryptocurrency compared to all currencies around the world.

I can't say that bitcoin is the safest. Actually, there's no SAFE in cryptocurrency if you are referring to ALWAYS PROFIT and NEVER LOSE. Cryptocurrencies, just like the real money, have changing values from time to time. No one can say what might happen next.

The good thing about bitcoin is that, base on its record in the past years, its value is increasing. Bitcoin is indeed the best cryptocurrency for me. The second most valuable cryptocurrency, ethereum, is way far from the value of bitcoin (about 14.3x the value of ethereum).

Well, this is just a bold prediction and is an opinion from him, I think, since he didn't show any strong proofs that can show that bitcoin will reach $15,000. And I disagree with that idea. At this point, bitcoin price is playing between $3,900 and $4,000. Take note that it is already September. We only have remaining 3 1/3 months to go before the year ends. Putting that into perspective, bitcoin need to take a 375% increase in its market value to say at least that Masterluc is right. But then, thinking about that 375% increase in just 3 months? I don't think, it's possible.

On the other hand, I agree with your second statement: YES, BTC is, in my opinion, not really bubbly after all. We can see, as per record, that bitcoin dropped from around $4,300 to $2,980 in just few hours (or more than a day), but that didn't last long. It immediately climbed up to $3,800 after few days, and now, it's playing around $4,000.

Overall, I think that bitcoin will become more valuable in the coming years, and might make bitcoin owners become millionaires in the near future.

Because it's so obvious that the value of bitcoin is rising up again. He will look like a lost child if he kept on telling that bitcoin is dumping when in fact, people can even google the price of bitcoin. I think, that his negative feedbacks about bitcoin in the past few days is kind of sort of strategy to confuse people and get them into panic selling again and make the value of bitcoin drop. However, people nowadays are too smart to do some research before believing that man.

I doubt that banks will make such thing. But if ever they create their own coins/tokens, I think bitcoin won't be affected that much. Bitcoin, for me, will remain as the best and most reliable cryptocurrency. Also, you can see that a lot of new companies today have created their tokens (most of these are ethereum-based), but only a few (or little) has been successful.

I think, I'll just keep them or put some in the trading market. Bitcoin price is on waves (goes up and down), so it is a great opportunity to watch out for some altcoins' prices. It is also an ideal thing to keep your BTCs and wait for its price to rise up, or sell it if its price will fall down. At this point, it is at $3,900 mark. It reached $4,000 mark a while ago, but dropped a little for a while.

Who is China? LOL. They are not the biggest players in bitcoin. Who cares if they ban ICOs in their place? Bitcoin doesn't care. Anyone who is saying that bitcoin is a FRAUD (I can't remember that guy's name, tho) has a personal motive - maybe, he is planning to buy a lot of bitcoin once bitcoin price drops. I think, that is also the plan of China. These are all parts of a BIG PLAN. Well, if you surrender your bitcoins, then I'm sure you'll regret it in the end.

All I can suggest is that "STOP LISTENING TO THAT PERSON". You should have already a second thought why that person keeps on telling that bitcoin is a fraud. It is very obvious that he just want to destroy the reputation of bitcoin to people. He won't be wasting his time on spreading that news if it's not for his own benefit. Bitcoin will never die.

Is that even a question? Try to observe the movement of bitcoin price in the market. What do you think? Is it in a bubble? For me, and based on the market, it is not really in a bubble at this point. When we say in bubble, it should show obvious evidence that bitcoin is in danger. As of now, bitcoin is rising up again, and people who doubt about its potential will be a loser in the future.

I think, 5 years from now, there will be at least 2 new cryptocurrency to be hardforked from BTC, and the BTC value will rise up to 400% (around $20,000). Although this is just my bold prediction, I think this is possible esp. that a lot of cryptos are now appearing, and more BTC will be mined already by that time. Still, bitcoin will remain the top crpytocurrency overall.

In the very beginning, everything has its cons and pros. I'll be honest to you: bitcoin as a payment is sometimes not good, especially at this point. Why? Here are some reasons:

First, bitcoin is known for its volatility, which means that its value might change from time to time. If you receive bitcoin (or satoshis) as payment, one  possibility is that you might receive lesser money (since bitcoin value changes from time to time - almost every minute). The tendency, you'll not earn profit, instead, you'll lose some (although it wouldn't be that much).

Second, online transactions are not always reliable compared to peer to peer transaction. You can't just give your trust to someone you talk with through social media. If you are going to sell (or buy) a thing, it's still better if you meet the one who you're transacting with.

Another one, if you're not well knowledgeable about bitcoin (its features, wallets, etc), then you shouldn't transact through bitcoin. You should always put this in your mind: bitcoin transactions are non-reversable, meaning once you click DONE (or SEND), you can not take back your money. If you've entered the wrong amount (or wrong wallet address), you're the only one liable to it.

Despite those disadvantages, bitcoin is still one of the best invention of the new era especially in the world of economics. It gives ease on people's daily transactions, making it fast and hustle-free.

I agree with you. I think bitcoin has already a strong foundation in the market. People won't just easily take their hands off bitcoin. Even if China will continue their plan, bitcoin won't disappear (like what most people are claiming). China does not hold the whole bitcoin platform. They're only a part of the big market and the most possible thing to happen is that bitcoin's value will drop, but will regain its value sooner.

This is just FALSE! China can't destroy bitcoin, my friend. If ever China withdraws their part on bitcoin market, that is not enough reason for bitcoin to die. There's a lot of countries who supports bitcoin, and that will maintain the existence of bitcoin. The only effect of that CHINA ISSUE on bitcoin is that the bitcoin price will be on a swing as it finds its value once China withdraws their part on the bitcoin market.

That's one the common mistakes a newbie does in the world of rypto trading. Most bitcoin owners sold their bitcoins by the time the bitcoin price was dropping until it reached $2,980. What they don't know is that, after they sold theirs, the buyers have the last laugh as bitcoin immediately rose up. Now, it's back to $3,800.

My tip to newbies: ask for some suggestions from experts on what to do when this kind of movement in btc (and other altcoins) price happens.