you are saying too many different things in one comment and i am having a hard time fully understanding it!
the drop from 1088 (correct number was $1166) to $750 was because of correction and it was a coincidence when the PBOC thing in China happened.
and it has already recovered from it pretty nicely.

and Russia or any other country that is talking about "blockchain" in their banking system is irrelevant to bitcoin.

what you are saying is mostly done by hodlers such as Scrooge McDuck. we buy through all these years, starting from $200 and up slowly accumulating with new money that we get our hands on.
but accumulation in phases like this is mostly done by traders, those who sold at $1150 bought at 906 next year and sold at $990 and then a couple more times in the dips and sell on tops.
now they have a massive fiat in their hands wanting to buy back all the coins they sold and they do it at an stable price not letting it go up and doing it silently.

this is kind of old news and mostly was around during the ETH massive initial pump. now you got to include the link to the real article when you say it here. i found something on google, is this it?
www.economist.com/sites/default/files/the_future_of_cryptocurrency.pdf

anyways as i said before the study even take place, the problems with it are as follows:
1) the idea of investing in something so volatile and not-so-sure such as cryptocurrencies for 5 years without any additional trading is bad to begin with.

2) investing in an altcoin for long term is even worse.

3) the article states "we analyzed the historical performances of each and extrapolated these values to form a five-year projection." this is a wrong approach right there. the basic of the study is based on false information. because when you study the history of something such as ETH which is obviously a manipulated coin, with whales controlling the majority of that coin (it has bad distribution) and also bitcoin in 2013 which could be easily manipulated by MtGox which had more than 75% of trade volume back then in the whole world; you have to take all these into consideration and that makes "extrapolation" a stupid idea.

4) the article references the market capitalization of ethereum as a positive point in this altcoin which actually is a negative thing for all the altcoins because as i have explained numerous times altcoins can easily have big amount of total coins available out of thin air because it is just code you change max_amount = 21 million to max_amount = 100 million and you easily get second biggest market cap.

5) another point that the article keeps repeating as the only good point of eth and claims bitcoin doesn't have it is smart contracts. i am no expert in this area but as far as i know bitcoin is more than capable of using smart contracts itself. https://en.bitcoin.it/wiki/Contract

6) the article keeps saying it interviewed and consulted with several blockchain experts and trading experts yet i couldn't find any names mentioned!

7) the article also has so many false information, that you can even call FUD when you see them on the forum. such as "permissive regulation in western countries" and "ban of Bitcoin in China" and claiming that "bad led to price decline in 2013" now that so called ban is this: "financial institutions and payment companies cannot give pricing in, buy and sell bitcoin or insure bitcoin-linked products" while "Trading bitcoins by individuals is legal in China." as it always have been.


with all that said, i wish the speculation about ETH price is true because it means i can make more bitcoin from trading it. but i find the study highly hyped up with not so much strong data to support the speculation and as i pointed out above it has so many holes in it.

when you don't have the skills required for the games then it doesn't matter, both of them are the same. it is like playing poker for the first time against someone who is experienced in the game. you would be throwing darts in the dark.
but if you try and learn those skills required in those skill based games, you can slowly realize the difference.

what many people usually forget is that a casino is also a business, like any other business. the fact that it is online or uses bitcoin or even the fact that it is considered a game doesn't change the fact that it is a business. and just like any other business, the owner has to have experience in running a successful business and have some luck so that his business takes off.

and that experience is enough and it can not be explained in comments because it is something that you gain by doing smaller projects or running a business for a while.

promotions and advertising all help but they don't make the business successful. it has to be unique, offer some good features and be niche not a copy of what others do.

but there is no point in doing that in my opinion.
when you teach about currencies to kids at elementary level you are teaching them something useful that they are going to need, and also they can easily see it in the real world being used everyday everywhere but bitcoin is not like that, it is mostly an investment not currency and as a currency it is no used much and there is not much real world use cases you can give them as examples.

i wouldn't count on $1000 this soon any more. we are back to $800 levels and nothing is clear about which direction we will see bitcoin go. for now it seems to be stable and things settled down. and the possible scenarios that i can think of is that price is going to start rising slowly just like before, and when $1000 is reached that would be slow rise and no more coming down.

yeah i sold some in the bubble at $1100 and bought back again when price dropped a couple of days ago.

but i am not convinced about any similarity between today and December 2013. that bubble started out from less than $150-$200 and price fell down to $200 after and this new bubble of 2017 started at $790 and price dropped down to $800 (and a short period below $800) that is why i don't see it dropping any more.

i am interested to know why you say you think there would be another "consistent" fall?

the only thing you have to check is the website as your first step, to see if you like the design, is it fast, and does it have the game you want to play or not. then check their provably fair system if they have one to see if they are really fair or not.

the second step is to come to bitcointalk and find their announcement topic and see what other people (the majority not some random brand new account created for defamatory comments) say about the site. and if you find it good then go play there.

i can give you names but i am afraid this is one of those things that you have to find out about on your own with research only.

i see different multipliers in this topic and everywhere else whenever people want to win more, and things like that. but what you don't take into account is the fact that when you change the multiplier then you have to change the amount of increase after each loss.

to put simply using your own example, when you used 77% chance you had to increase the amount on loss by 3.5X (i am assuming this will cover the loss without calculating it) this means you have a small multiplier and win small amounts each win but you win more times. then one loss means you increase the amount by a big amount which negates all the previous wins and some more. and in long term you will end up losing more so it really doesn't matter.

first of all you are wrong in your understanding of "faster". the fact that it took about five hours was because of two reasons: 1) low fees, lower than the current standard 2) the blocks are full and miners are greedy.
otherwise speed of transactions are a couple of seconds and speed of confirmation is about 10 minutes on average.

also faster doesn't mean better.
litecoin has 2.5 min average time for blocks while bitcoin has 10. and this doesn't exactly mean faster blocks if you ask me but at the same time it is increasing the chance of orphaned blocks by a great deal which opens up room for double spend fraud.
also don't forget about how massive the blockchain size can be. i mean people are already complaining about 90 GB blockchain size of bitcoin and what do you think they are going to do if litecoin was as used as bitcoin with all blocks full and blockchain size was 360 GB?

there are other downsides such as litecoin having a much higher number of coins (84 mil max) so as far as price goes don't expect much out of it.

well, even if a new bubble starts shaping up, that wouldn't technically be the third one because there has been other bubbles, mostly smaller ones that didn't last long either.
but yeah i am ready, because i have been smart unlike most people who are weak hands and i have bought when everyone was running around asking "should we buy or will it go down", that was my queue to buy as much as i can as fast as i can and i acted on it.

i agree that bitcoin and the technology it introduces to all of us has been a great thing. it is obvious because so many people, a lot of big financial groups, ... has been showing great interest in the blockchain technology. but things like these are never recognized as big in their early stages. it takes time before everybody realizes their potential, do lots of test runs and then in 10 years from now everybody say yeah it is a big deal.

Zcash is one of those altcoins which was fun while it lasted and the only reason why its price is still this high is only because it started out with a crazy price and then fell from there. but in the end it is a dying coin, going down in price in the long run. and a pump that can push the price to $100 is pretty hard because we are not talking about going from $2 to $4 and in higher prices things are different.

yeah, the only thing that has ever been good about ethereum was the pumps, and when they come they are big or at least they have been this way so far. but the problem with it is that finding the right time to get in is pretty hard and it gets harder as the coin dies because the dead cat bounces become more and if you mistake one of them with pump you will end up being a bag holder.

that is just playing with words, don't think too much about it. and who cares what they are called, if you like them then play them and call them blah blah
all of these games that has an element of chance in them whether it is dice or sports or poker, and also all of them that have an element of money and chance of losing and winning at the same time is called gambling. that is all there is to it.

bitcoin industry?!
as a bitcoin user the only tool that you will ever need is a bitcoin wallet and nothing else. and this consist of many bitcoin users. for the rest if they are traders, they are going to need a lot more tools than just a bitcoin price ticker. mostly an exchange, a bot or at least bitcoinwisdom.

people always need to find a balance in their lives.
talking risks is actually not a bad thing but they should also use their brains too. for example sometimes when you take risks you can get a big reward but at the same time you should think about what happens when you lose. that is why we always say use the money that you can afford to lose, not a loan or all your life savings.

it doesn't matter where you get the price and what the western exchanges say their price is, traders these days are looking at China and see what they are doing to follow them like a sheep.

the Chinese government wants to inspect and regulate bitcoin (just a normal routine thing) and all the English resources such as news sites and media are saying China is banning bitcoin. then they look at the CNY price and see it has gone down so they panic and dump on USD markets.

and about your last statement i have to say, Chinese exchanges have 0 fees because they earn money from other fake things and shenanigans they do in the background. which means other exchanges have to do the same shenanigans if they want to do 0 fees.

it is all because of the big rewards and the huge amount of Dogecoin available out there as supply and also the demand decreasing everyday.
besides Dogecoin is offering nothing apart from a fun community to go to and have a laugh or two at the memes they post and have fun. there is not much development or real features associated with this coin that can compete with others. and if the pumps didn't exist it would have died long time ago.