I remember the time when Bitcoin price was 260$. If someone has then told me that it will reach almost 5000$ I would laugh. But this is now the reality and we haven't touched the peak yet, so yes, we are still on the rise. Some dumps will happen on the way too, volatility is normal part of Bitcoin cycle but the pump will be biger.

It's you decision but I would avoid buying Bitcoin with PayPal. It takes certain risk, on the side of the person or company you are buying from but also on the side of PayPal who could freeze your account. Plus it's expensive to buy Bitcoin that way, so rather try with some other payment method.

Bitcoin still hasn't reached its peak. Maybe it will not hit 10000$ or at least not so soon but this is not the end of pumping. It's important to set your personal strategy and what are you trying to achieve. Do yo want to spend your coins for some deducated purpose or you just saving it and having it as an investment. Then you manage your Bitcoins accordingly.

Profit, profit and again profit. Isn't that the main reason for investment? And now is really good timing for that. But Bitcoin is also becoming widely accepted currency and with time it will be more and more equal to fiat currency. By investing in Bitcoin you will ensure really valuable asset for your future.

If you have the money to invest in Bitcoin do it know but you don't have to bother yourself much about what will happen in November. Some not so nice predictions were made for Bitcoin in June but we all have witnessed that nothing dramatic has happened. And no one can't tell now for sure how the situation will be in November so don't think so far ahead.

I think that we have come to the point when it's easier to earn bitcoins than fiat money, this could be one of the reasons. Also, Bitcoin it's easy to use, it's available everywhere if you have Internet connection and you are not depending on the bank. Anonimity could be another reason and of course the high value.

Now the price is above 4500$ and 5000$ seems just a step away and then the endless road is open. Still I think that 6000$ is the max price we could reach by the end of the year.
Magic number for me would be 10000$ but this is not going to happen this year, if ever. My friend says that the top price for Bitcoin it could ever achieve is 6000$.

This is so distant future and there is no possible option that you can predict how the price is going to be at that time. But why even bother, we have opportunity to deal with Bitcoins now and look into closer future without a month or two. The price has crossed 4500$ and it's heading towards 5000$. What will be the limit this year, this is what I like to think about, not what is going to happen in 2024.

I beleive that many governments and banks have changed their attitude towards Bitcoin, it's not anymore so hostile as it used to be. They figured out how they can have use of Bitcoin too and they are very well aware that it's not possible to make it illegal. They accepted it as something inevitable and they don't want the war against Bitcoin anymore.

I don't the real identity of Satoshi and I don't think that is someone from the list above. But I'm sure that Satoshi Nakamoto is very clever person who doesn't want to be revealed and exposed to public because that is probably the last thing he needs. It's much better to enjoy his achievements from the peace of anonimity.

Why thinking that this is bubble that is going to burst? Don't always think for the worst, sometimes things can really turn out good and Bitcoin is one of them. The price has still big possibilities to rise more and achieve 5000 or 6000$ easily. Some corrections will happen also but not in the form of big dump. At the moment there is nothing to worry about.

I would suggest like always, if you don't need money don't sell or sell just the small amount you think you could use. Some are saying that the dump is following but I don't believe that and expect that the price will rise in the future so holding could make you profit, 5000$ by the end of the fall shouldn't be surprise.

Trading is serious job but you have to enjoy it otherwise makes no sense. Maybe is the best if you look at it as a sort of game you are playing to winn. Risk is always connected with trading but if you take it too seriously it might get a frustration for you. Just place your limits and enjoy, don't be too obsessed with profit.

No one really knows who Satoshi is and maybe we will never find out. I completely understand why he or She doesn't want to reveal the identity, that would bring nothing but troubles. Enjoying anonimity and richess it has was probably the best decision made. And for the users realy matters only Bitcoin, not his inventor.

Trading, selling your skills and services for Bitcoin, lending, signature campaigns, selling digital goods for Bitcoin, options are numerous and it's only up to you how are you going to use them. I don't agree that gambling is one of the ways to earn Bitcoin because it's like you would say that you can earn fiat money by playing lottery. How much you will earn depends how much time, knowledge and luck do you have.

Some rare users that are holding Bitcoins are millionaires but are they counted into number of worlds' millionaires? I don't think so. Having assets and wealth in cryptocurrencies still doesn't count.
How the Bitcoin price will rising the number of people who have some significant amount of money in Bitcoins will probably be higher but not everyone of them will be rich. This is just the dream.

I mostly use two methods, depending on situation. Sometimes I use my trusted seller on localbitcoins and exchange Bitcoins for money that is transfered to my bank account. But I'm avoiding to do this because I don't like that my bank has any records about Bitcoin transactions.
So the easiest and most convenient method for me is to withdraw the cash on ATM with my Xapo debit card. They charge fee, yes, but it's reasonable and besides every exchange of Bitcoins to cash has a cost.

I agree that saving Bitcoins is good and can lead to even biger profit as the price goes up with time. But on the other hand Bitcoins should circulate, users should also spend them. Because what is the use of currency that is not used for anything and that only sits in the wallet. I don't think that was the original idea of Bitcoin.

For me it's different,  I think it's practical and I use it often for different payments. But I have something that makes it more convenient and that is debit card. But paying with Bitcoins directly from the wallet and use it that way as a daily currency is totaly different.
But having Bitcoin as a national currency for example is not possible because you just can't implement in your.monetary system something so volatile, limited and with high transaction cost.

In a way I can understand your parents. They probably think your only story should be school and education and not making money. Obviously they don't much about cryptocurrencies and Bitcoin but they have probably heard some bad stories abou scams, money laundering and dark markets so like majority of parents they think of worst first.
Try to talk to them and convince that you are not doing something illegal. Some good articles and videos about Bitcoin might also help.