BOTH! Its a crypto-CURRENCY that is used as money.

correct, others are just mere speculators who are just investing based guts and initial reactions towards the current market price, they are easily dictated by short term investments, when we have goals to earn more, we should be more patient and focus on long term invesments, we should not be affected with the high  volatility of bitcoin price, the key is to hodl and sell at fhe right moment. impulse buying and selling are not good for investments.

The bigger the risk, the bigger the gain. If anybody is afraid of losing then put the money in a bank or in a vault no risk no gain. Take the risk if you succeed you will be happy if you lose you will become wise. it's a win win situation. But offcourse it defends on how you absorb the situation.  

Without btc alt coins would no longer exist, and all of  tokens when converted to real currency undergo to btc. This makes btc become popular and continually increase its value. There's no doubt btc is the most strongest digital currency ever made by mankind:)

bitcoin is not going to ruin a country, bitcoin is providing opportunities to its people for investment and trading, so bitcoin can be a good tool to increase the status of a country economically. i think if government take  serious step about bitcoin and regularize  then they can also impose tax on it and will certainly collect good tax from  bitcoin.

What is the status on the legality of bitcoin and crytpocurrency in your country? In my country, it is perfectly fine to do so. A local exchange wallet allows us bitcoin users to easily have our bitcoins exchanged into our local currency, and we may retrieve this through remittances or have it transferred directly to our bank accounts. I don't see anything wrong with selling your bitcoins for cash, unless the mere possession of bitcoin is considered to be illegal in your country.

As a matter of fact, it is very few number of noobs in the cryptocurrency business that understand the level at which patience is required and valuable in the business. I do tell my friends around me that wish to come in to the business “it’s only patience ones that would feed from the milk of a lion” . I bought some coins few weeks ago, which I decided to hold while it was dipping but I keep holding with zero fear and absolute patience. Presently, i’m In over 47% profit in all. My advice to my colleagues is all you need is buy into coins with good potential and relax even while it’s at dip. Trust me, you won’t live to regret anything if only you would be able to hold with patience. Thanks

I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.

Will you encourage others to invest in crypto and explain to them that this is not a scam or a pyramiding activity?

I dont know if it is just me or others also experience it. I always set goals financially, set limits in spending and trying hard to save but most of the time no matter how i tell myself to refrain from spending in unnecessary things whenever i see something i really like even if i dont need it i cant resist buying it that cause me to regret later. Are you familiar with this situation?

There are hundreds of reasosn why bitcoin is valuable. Because of its usage and potentials that create a great economy. It also suited to our modern days and give a bright idea to create and improve what bitcoin started. It states that when a thing has a limited suppy and higher on demand its price will rise. Thats what happening to bitcoin nowadays.

The media are leading most of the people in the world. People believe what you hear from your television shows. The TV is a stupid box. Nobody sells in a hurry. Everything will be alright. Panic feeling is the biggest enemy.