The decentralised and untraceable nature of bitcoin makes it a great way for people to conduct criminal activities as it far reduces the risk of them being caught. Let's face it, a large amount of bitcoin transactions are probably somewhat dubious but who cares.

I think it's likely that some of them are definitely aiming to do this, I'm not sure how beneficial it will be though as most people I know of have an alternative email address for crypto related things. Not to mention the huge amounts of fake sign ups for airdrops.

At the moment very little, but it is progressing and eventually there will be debit cards that allow you to spend crypto directly. Many projects have coins that will allow you to spend to use their service.

At the moment, in terms of serving the purposes of a currency then bitcoin is a ways behind. However if it is implemented and used internationally then there is no doubt that it could surpass other currencies. However the limited supply could turn out to be an issue.

There are so many cheap alt-coins right now with the price crashes of the last few days but it is still hard to look beyond the major players such as eth, dash and NEO. If there are any alt-coins out there that interest you though then odds are now is about the best time to buy.

For me the whole premise behind this thread is wrong. To say that the price is irrelevant because eventually 1btc will be worth 1btc and you will buy everything with btc is a moot point. There will still be other currencies that btc will have a price relative to, such as the USD. If a loaf of bread costs $1 then of course you would rather that your 1btc was worth 1 million USD instead of 1 USD. There will always be some other currencies in use throughout the world and btc will rightly have a relative price to them even if it is adopted by the masses.

Exactly, let's face it, being rich would not guarantee happiness but it would certainly go a long way to enabling a person to be happy by removing a lot of the stresses that many people have to cope with.

So that you are aware, deeponion is not really a true airdrop in the opinion of most, it is actually more of a mass signature campaign. You are required to make a certain number of posts each week with their signature added to your profile.

I think if Bitcoin were to die in the next few years then yes it would be the end of cryptocurrencies all together as it is still the major player and for those without any knowledge the only real one they are aware of. I think if given time to establish themselves, the other coins could survive beyond bitcoin. However this is all hypothetically speaking as I do not see bitcoin dying.

There are of course many scenarios in which bitcoin could lose value, most likely being if governments intervened such as the Chinese government did to try to ban bitcoin or its exchanges etc.

As for PS4 and other consoles I heard of a site called JJgames that accept bitcoin as payment, I haven't however used them myself so I can't give any feedback.

If I was in desperate need of money I wouldn't look to cryptos to get it, I would simply take out a loan or borrow from a friend, or find some short term work that pays promptly. I think you could potentially run in to a world of problems if you look to chase money desperately in the world of crypto.

You do realise that eventually it is likely that this will not be true? Day trading is also far more profitable if done well and allows you to benefit by increasing btc prices as well as by growing your btc holding.

You have to buy when the price is low, it is difficult to predict this price level exactly and you shouldn't be too hard on yourself if you are slightly off. As long as it rises in the future beyond the price you buy at you made a good decision.

Investing everything you have in to anything is not wise, don't put all your eggs in one basket. Personally I have only about 5% currently invested in crypto but it'll probably grow to about 30% in the future.

Trading should be treated seriously and unlike a game, however finding enjoyment in it is perfectly acceptable and shows that you are passionate about what you are doing.

Historically holding bitcoin has been very profitably but it is inevitable that profitability will slow. For a decent annual return it is great but to make yourself rich now I do not think holding bitcoin is enough.

I don't think it is a bad time to buy at all, a little late perhaps but I fully expect bitcoin to be comfortably over $5k by the end of the year. So that is a nice profit right there if you were to invest today, not to mention I think it is possible it could go even higher (7-8k) before long.

It seems plausible that this would be the case but the level of influence is difficult to estimate. It really depends on people's expectations for bitcoin gold. Personally I don't expect it to be overly successful and I do not think we will see it have a price as high of bitcoin cash, therefore I don't expect that the price of bitcoin will increase greatly before the fork in anticipation of a nice easy profit.

I think earnings here are taxable but it is such a new area that I think you could probably get away with not declaring your earnings and given the nature of bitcoin the authorities would probably not find out.