Monitor the market. We cannot entirely say if Bitcoin will go up or down. But as we approach the date for the activation of segwit, we will encounter so much volatility, maybe some drop but not harsh. So it is best to pay attention to the market especially on the final weeks of July. Major fluctuations will happen on those weeks. Buy when the price drops and hold it tightly

It is possible that they will learn about the importance of saving when you introduce them to Bitcoin. They may be fascinated about the growth of Bitcoin by just keeping then in their wallet. And maybe, they will start to explore about bitcoin and find some ways in earning more. Well this is just an educated guess, we cannot really know what will be the impact to them. But hopefully, all goes to what you hoped for.

I am waiting for that increase. It is possible. We are facing some solutions laid on the table right now and if the activation of segwit ends well then $5000 would be a piece of cake. Bitcoin could go even higher than that since we have more demand than yesterday. More and more people are getting hooked by Bitcoin and we have some countries in the process of legalizing Bitcoin. It should be take off time any minute now. 

I would say that you must have felt so disappointed when you did not buy Bitcoin when it was only $50. So do you want to be disappointed again? Buy some Bitcoin now and hold 'em for a long period of time. That will assure you that you will gain so much from this investment. Your fears will not bring you somewhere. It is better to take some risk than playing safe.

A hard fork is not yet certain at this point. And if ever a hard fork will take place after the segwit activation, this will not lead to a BTU/BTC chain split, that was an old issue months ago. Move on dude.

If you want to buy bitcoin then this is my suggestion for you, buy some bitcoin using half of your fund today and wait for the activation before buying again the remaining half. This way you will be on the safe side to whatever will happen

Any time is applicable in buying Bitcoin, just consider the time for how long do you intend to hold your coins. But it is wise and advisable to buy Bitcoin on dips or when the price is low. This way, you can buy more Bitcoin at a lower price. And in selling them, sell them if you will have a profit from it or simply selling them if the selling price is higher than the buying price when you bought them.

Yes, it is very possible. Bitcoin has a threat of being split due to the Segwit2x. The Segwit2x is the activation of segwit on or before August 1st and around November, a possible Hard Fork (the split) will take place because of the 2MB block size increase that will be done by having a hard fork. Though there is no certainty of the Hard Fork to happen. No formal claims was released as of now if ever Bitcoin will undergo Hard Fork or not.

Before encouraging big and small companies and businesses to accept Bitcoin as a mode of payment. It is best that you should spread the knowledge about Bitcoin to your friends, acquaintances, colleagues, or to any person you know. That way, more and more people will know about Bitcoin and if more people uses Bitcoin, companies and businesses will start to accept Bitcoin. And this will continue to spread. All will go with the flow,all you have to do is be the force that will trigger a big flow.

Well before being the strongest currency in the world, why not act like a currency first? Bitcoin is acting more like an investment rather than a currency. There should be no argument in that. People are being engaged to Bitcoin not as a currency but as their investment or asset. As long as Bitcoin stays this way, there is no way that Bitcoin will be the strongest currency.

1. The proposed 2MB block size increase is a way of reducing the current transaction fee. Having a bigger block means that more transaction will be handled at a time, thus halving the current transaction fee will not affect the profit of the miners.

2. If ever a single type of wallet is to be used by everyone worldwide, the developers need to have the wallet patented so that no more wallet will exist. Also, the wallets  out there should be destroyed, all of them, whatever type of wallet they are. This type of scenario is not going to happen. Instead of having a uniform wallet, why not reduce the time in mining a block? that way there will be more blocks mined at a short period of time and will result to faster transactions.

Yes, Bitcoin is still for everyone. Everyone has the right to use Bitcoin. However, having the right to use it does not mean that you will and you can. Bitcoin's price is so much high as of now and people that belong to lower class just cannot afford to buy some. To think that they need a computer or a smartphone to use Bitcoin as well as internet connection. The transaction also comes with transaction fees which is crazy high currently. So even though the lower class people have the right to use Bitcoin but since they cannot afford to have some or use some then their right is useless.

Well I believe that there is no more point about stressing out that Craig Wright is not Satoshi Nakamoto. It is just stressing and emphasizing the obvious. We will not gain anything from proving CW wrong, it is not worth discussing for. Letting CW be would be the nicest thing to do, maybe he will got tired about yelling that he is Satoshi when no one pays attention to his every claims.

If ever Bitcoin will undergo a Hard Fork, then a massive drop on its price will be done. Maybe around 1200 USD just like the correction happened last May, it may even go below 1000. I am not certain about the price bracket but the massive drop is very likely.

I have read a post on a thread here than going through a hard fork is bad for Bitcoin and might even lead to its destruction. I have no certainties about it since I am not that aware and technical about Bitcoin as a whole.

As of today, I do not know if they are paying much attention to Bitcoin so they are not tackling about Bitcoin on the Economics class. They might had a quick discussion about it if the topic was about the monetary system or the history of money. Bitcoin could be mentioned in some discussion but since Bitcoin is not yet that popular, it will take more time before it will be discussed on such classes.

Yes, it is impractical for Bitcoin to be used on a daily basis just like fiat. This is because of the long waiting time of transaction confirmation and because of the high fees. Bitcoin is behaving more like an investment instead of a currency.

The fees will be fixed as long as the scaling issues are coped. Not just the fees will be lowered but the waiting time will be lessen as well.

There will be no split on August first.

If you are going to buy bitcoins, I suggest that you buy some before the activation of segwit on August. Maybe a week before August. Bitcoin's price is expected to drop at that time because of some people who might panic sell some coins because they are afraid of the uncertainties about the upcoming event. After the activation, the price will go up.

It depends on how long do you intend to hold Bitcoins and how many Bitcoin will you hold. If you will hold a huge amount of Bitcoin for a long time then it is not too late for you. It will always depend on what amount and how long are you going to hold. I suggest that you buy Bitcoin before we approach the said date. I believe that after the activation of segwit, Bitcoin will  start to increase again (in price). That way, you can acquire more Bitcoin before it launches.

I believe there is/are. Days ago, I have read a thread in this forum that the airline in Japan started accepting Bitcoin as payment. This is their way of utilizing Bitcoin, to accept it in different line of business. I am not certain if there are other airlines that accept Bitcoin as payment for purchasing airline tickets.

This is possible for the people who had Bitcoins when its price is so low. By possessing hundreds or thousands of Bitcoin by then, being an instant rich person is a reality. But for the current price of Bitcoin, it will take more years in order to be rich. We cannot even buy/earn big amount of Bitcoin today. So this scenario is very difficult today.

The activation of segwit on August will definitely affect the price of Bitcoin. It will either be positive or negative but I believe that it is on the positive side. So if you want to buy Bitcoin, I suggest you buy before the said date. It is expected that it will go down before we approach that day due to panic selling of some people. And after the activation, we will see Bitcoin's price will soar up again.