There is another insight which my friend made me realise just now when I was discussing this question with him. The chances for Bitcoin and other cryptocurrencies to increase in price are quite high during a recession because in a recession/world crisis the price of fiat currencies go down. The crypto market wont be affected because of it and will remain stable in it's price. Now since the price of fiat currencies like $ will go down , will mean that BTC will increase in price.

So the conclusion is that the possibilities for BTC to increase/decrease in price are equal.

Thanks for opening up this question. I would like to see what others' opinions are too. It is quite tough to  predict the future in case of cryptocurrencies and economical crisis is something which can effect the crypto market in any of the way (positive or negative).  There has been no recession since the creation of Bitcoin which is why we can say how will it effect it. In my opinion the economical crisis would strike Bitcoin in a negative way since it is not yet been accepted throughout the world. It would certainly create a panic/FUD in the crypto market and hence there are pretty good chances that BTC will decline.

Well this depends on the company owners to implement the payment method or not. Playstore is owned by google and hence google will require to implement the payment mode on playstore so that users could get cryptocurrencies as a payment. Similarly Appstore is owned by Apple, hence Apple will require to implement the crypto payment mode too. Although there are in app purchases which can be used for crypto payment mode through which users could get cryptocurrencies but then the app should be designed in a way to accept crypto payments.

Looks like the " Crypto Space " is expanding after all. Mercedes taking part in the community is a big deal and can be a medium to attract more people towards crypto.
Although the project doesn't seem more effective to me it can bring many big investors into the crypto community.
I don't think that the project will run successfully for a long term because the concept is too small. If the project is expanded in future then it might elongate the growth but until then the chances for it to make a good impact in the market are very low.

People nowadays don't think much before they invest in any cryptocurrency. Just for the sake of getting profits, they right away invest in any cryptocurrency they are recommended into. They dont do their research properly before investing and then end up in a loss. Much of these are because of the misconception that investment in crypto will make them rich quickly which is purely false.
They dont seek advise from trusted people and start falling in FUDs . I believe people should take time and research on a project before investing in it.

If you want to learn technical analysis just to analyse your trades then you can go ahead with regular technical analysis courses that can be found online. Search for online courses at babypips.com . You will be able to learn the technical analysis but then you should only use it to analyse your trades and not for prediction of price of various cryptocurrencies. I must say that technical analysis on cryptocurrencies is a waste of time since it is volatile in nature and is based on news in the market. So technical analysis won't workout well for trading cryptocurrencies but can be used to analyse your trades.

An impatient person can never make profitable trades for a long term. Patience is the key aspect to make profitable trades. I had lost much of my money in trading during the initial days but later I took a break from it. Tracked my progress and planned on how to make my trades efficient. I would advise you to not to sell your coins in a loss and keep holding tight until the price is enough to get a good profit. I know it's hard but it is the only thing which you can do make your trades profitable.

Although the possibility of Bitcoin going down to 0 is next to impossible we will assume it has gone way down and is in hundreds. Most of the other altcoins will collapse with it too since because there should have been a very strong reason for bitcoin to crash and that reason would then surely create an impact on other cryptocurrencies as well. People will loose trust on BTC and hence would want to convert all of their belongings to fiat and thus there will be a huge economical crisis.
Another possibility is that only if BTC is crashing then the Altcoins might skyrocket. For example if BTC banned but altcoins are not. In this case potential coins will skyrocket overnight.

Any coin will lead to a loss only when you sell it for a loss. So it depends on us if there are any losses done by any coin. It's our mistake if we sell any coin in a loss instead of waiting for the right moment to sell. For me it would be XRP. I had traded XRP for about 5-7 times all this while and every time it lead me to a loss. Although its my fault since I was the one to sell it in a loss. I could have just hold it until it returned a profit.

I have noticed a huge growth of interest in cryptocurrencies from people all over the world. This has resulted in a huge spike of price in BTC and the a huge growth in the marketcap. I do believe that the growth in cryptocurrencies is still not much and yet to be achieved more. Crytpo's potential is more and it's more likely to achieve to more attention in the upcoming years. This would surely benefit the early investors which is why many have started investing in crypto nowadays.

I don't think that Bitcoin will end up like the other financial banking platforms. Chances are there that when all the bitcoins are mined its value may go down but it might even rise up more than ever. It could even happen that Bitcoin's scarcity make it's price jump up more higher than it was thought to be. In this case the banking system will be disrupted if many people start using it by then.  So these articles are just a bunch of another crap posted by another pessimistic BTC fan.

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It depends on the coin whether it is worth to invest in or not. If the coin has no potential then I would most probably not invest in it but if the coin has potential then I would look how low the price has gone from the past few weeks. I would understand the charts and predict how much the price would increase in future and then wait for the right moment to buy the dip. I wont put in all my money but rather invest a small amount so that I could buy more if it dips again.

Not only Ethereum but I guess almost all the top moat cryptocurrencies are facing competition these days. There are many prompting altcoins/tokens out there with good potential to spike up in the future. So rather than considering any of them as the next Ethereum consider it as the new coin itself which might take the place of ETH.
Although I don't think that will happen because ETH has better chances to stay in that position, its still possible.

That is his point of view and I appreciate his decision because its for a good cause. I don't fully agree with his decision though. Cryptocurrencies in general have a borad usage and anonymity is not the only feature of it. There are people who misuse it for wrong purposes and certain measures can/should be taken against it. But there are quite a whole lot of other things for which cryptocurrencies can be used. I believe the positives are quite more than the negatives.

If you would have talked about Bitcoin then the price would surely have skyrocketed within a week and would have probably crossed $17k byt since you are talking about ICOs I would say that the market cap would surely have increased with some of the cryptocurrencies like BTC and ETH gaining price since these are ones mostly used to purchase ICO tokens. So yeah, it would surely have created an impact on the crypto market in  a positive way.

What sort of things are you planning on to buy Ethereum?  If these things are not valuable to you then you are doing a right thing investing the money in crypto. I am an Ethereum fan myself . I love the way it works and ifs technology is some thing else. I am trying to collect as much Eth as I can . Although I have only a small amount , I feel the price is still low and  it has the ability to grow more in future.

I am against hardforks at the first place. So my direct answer to your question would be NO. Chasing for forks is just stupidity according to me. Forks are done because of a particular implementation of an idea into the current system. It is in no way meant to be used as a strategy to earn more money. Although people do it anyway, it is probably not going to make a huge difference.

I would like to ask you a question here.
How likely do you think Bitcoin and the blockchain technology will succeed in the future ?
If you think that these dont have a bright future then you should probably stop it right now. If you think that it does have a future then there is still a long road ahead and by this I mean that the price is gonna spike up way too high than this. Although it might take a few years, the chances for it to happen are damn high. So just wait and hold the crypto you got there. Find ways to buy more of them.

Electrum is surely a good wallet but I prefer Mycelium wallet over it and over any other wallet. I find it convenient to use since has a good interface, smooth and bug free platform to broadcast transactions online. There some additional features which Mycelium offers more than the electrum wallet.
Besides that, electrum had some loop hole in their app recently which made it vulnerable. Although they have solved the issue now, my trust over Mycelium has become stronger now.