no, what it is is meaningless in crypto world or more precisely it is meaningless to report fee in dollar value.
because first we are using bitcoin not dollar
second fee is not a fixed thing per transaction. instead bitcoin fees are an amount based on size. which is why you must report fee/Byte.

in fact $5 may very well be the tiniest fee possible you paid if your transaction size was huge with lots of inputs.

old things give their place to the new and better options. that has always been the case of the world. money as we know it today (aka Dollar, etc) have not always been like this. it was not paper printed neatly, it was coins, then before that it was goods and a lot of weird things.
bitcoin or some form of digital cryptocurrency may some day replace fiat too. but it won't be fast and probably not in our lifetime.

even since Japan regulated bitcoin, Russia changed their long stance about bitcoin and have been planning on regulating it the same way. this is a good news and it will continue happening with all the rest of the countries sooner or later.

the government can never ever ban bitcoin so they have to regulate it in order to manage its usage better, and probably tax it easier like what IRS has been doing for years.

anyone who has ever used Yobit has a bad experience with their service. it is the worst available exchange! their wallets are 90% dead or empty from funds. you can not deposit or withdraw majority of the altcoins listed there.
their system is very shady. they have so many shady parts too such as their gambling dice part! or the investment thing they added recently.
it is all shouting a big scam waiting to happen.
the owner's account here is tagged with red trust showing multiple scam accusations against them.

i remember vividly as it it were yesterday, the same "everyone" was using the same "crystal balls" to call the dump of bitcoin because they thought it is repetition of 2014. they were seeing $1200-$1500 as the sweet zone.
by the way price was $2450 and it went down to $2100 and for 10 minutes fell to $1920.

umm, let me think
price last month: $3000+
price this month: $4000+

umm, it is very hard. my math is pretty weak. the second number is bigger than the first right? i think it is $1000 bigger but i am not sure. maybe the second number is smaller and i don't know \s

all governments have already made their policy about bitcoin years ago.
most government have already regulated bitcoin to some extent.
some government have already fully regulated bitcoin and that was the start of the big rise this year.

FTFY

sorry to disappoint you but it will not.

it is demand not only usage (usage is part of demand). and based on demand and what the buy support shows, it is exactly worth what it should be worth.

why? did you miss buying at that price that you chose that particular price? why not $4000 which was tested a couple of times so far and it could not be broken so far.

blockchain is just a chain of blocks. miners put the transaction together and make a "block" then these blocks are added together to make the blockchain.
read these: https://bitcoin.org/en/ watch the video
https://bitcoin.org/en/how-it-works

there are more at coindesk:
https://www.coindesk.com/information/how-does-blockchain-technology-work/

no need to be sorry, just do a little search first then ask a more specific question here. your question is too vague and to broad.

here is a thought:
all these rumors, news and FUD are in English not in Chinese. in reality it is the English news sites that are making a false translation of the reality and spread it among us.
so who is to blame here really? those who are telling us "China banned bitcoin"? or the Chinese who are only regulating exchanges and banning scammy ICOs?
or perhaps those weak hands who never understood what bitcoin really is, (a decentralized peer to peer cash) and fear on the most irrelevant news?!

the only "legit" place you can find to make an investment are businesses. and that is only half good half shady.
so far the businesses have only been gambling sites which accept bitcoin investors. others do not. and gambling sites can show any results. they can say their site have not been profitable. they can say it was little profitable and you can not prove otherwise. and it is always the high risk nature of gambling sites.

China has always been what it is. nothing more and nothing less. it is not insignificant and it is not significant. it is one of the forces among many other forces in this market. but just one of the many.

the confusion is always because the news from China are more effective for some reason. possibly because they are easier to be made into a FUD and cause panic over. or possibly because of the seemingly high mining power over in China.

you have no understanding of supply and demand and a currency!


before 8th century AD Japanese were using things like Arrow heads and Rice as currency



something like Arrow heads sounds ridiculous now, but it was in demand so it had value. if your junk products have any demand or a growing demand they can gain value.
some idiot with no understanding of demand in 7th century AD would have called Arrow heads or rice junk too. but they gained value as the demand for them rose. and some day someone traded 1 arrow head for the latest carriage with 4 horses to carry it

if there will be two chains then yes. since the chains need to be backward compatible, the private keys and all the transactions up to the point of the fork will be valid on both chains.

something like coinbase is not a wallet exactly. and you need to ask them, but they usually make a clear statement when things are close and clearer. just like they did back in July (before the August fork).
if you have your private keys you have your coins. if you don't see a private key (like in Coinbase) you own nothing but a promise.

as for trading you should see which exchanges list them. for example BCH was listed on bittrex from early days. other unknown exchanges like ViaBTC also had it but they are never trusted enough.

you should always take advantage of every opportunity in bitcoin but also you should hurry to take advantage of them not a moment later. these days we are in the dip but still there are news coming our way. the bad part of this is that the news can go either way, it can become more vague and lead to bigger FUD or it can be a clear thing to clear the FUD up and price goes back up.

i say if you have bought at $4100 last day, then you have bought in the dip. from now on keep your eyes open to see what the next news will be and based on that you can see if there is more dip or there is a big rise coming.

they regulate businesses!
when you run a physical shop in real world or a shop on the online world you are still bound by the laws of your country. using a cryptocurrency does not exclude you from those laws.
you can not perform illegal activities like laundering money, and all that crap. cryptocurrencies should not exclude you.

so they regulate things. and it doesn't have to be a bad thing. look at Japan.

the keyword that you missed in my comment was reliable.
the link you posted here is just saying because of reports on this news says that. doesn't say China has actually done it. and those reports are mostly FUD and exaggeration of a real news.

r e l i a b l e !


LOL , yeah. i am tired of it too. i hope they actually ban bitcoin so we can have 1 dip and be done with it forever instead of every 2 months.

translation:

once again another vague news about China came out and the English news sites started exaggerating the reality after they used google translate to translate the real news. it finally turned into FUD and caused a 8% drop. now everyone thinks the world has ended because of 8% drop

because it was fake news!
because all Chinese exchanges already debunked the news on their twitter or even on bitcointalk and said they have never received anything from any government sources and this is FUD.
because Chinese exchanges has been working fine all this time this news was around
because the source of the news is a well-known click-baiter called cryptocoinnews!

that is the issue for all these foreign news, they are all lies.
Russia has never banned anything! you can not find any evidence of it online and if you ask a Russian who actually lives there he can approve this. but when you read stuff online in English news sites, they all are full of bullshit and lies! and apparently everyone is too lazy to check the facts. they just trust a news site like cryptocoinnews for example and the rest copy paste it.

did they really?
i can not find any reliable sources about this. only the shitty news sites.

on top of it the Chinese exchanges all released statements that they are working fine like before!

so where did you get this from? LOL

no, the reason is idiotic panic sell

i think you are reading a lot of bullshit online and mostly from these shit news sites. and i think you need to stop it and start using your own logic.

price went down about $400 which is ~8% that is not at all big. and $220 of it is already recovered!
and that is bitcoin, volatile like this. it won't change for some time but it slowly becomes less volatile. the same news 2-3 years ago would have meant 30% drop at least.

i don't think so because if people want to sell BCH for BTC then they do it directly. meaning they sell BCH for BTC and that doesn't change bitcoin price. it is like saying people sold dogecoin for bitcoin!