The penny crypto strategy
 Many currencies are less than $1. I can safely assume the majority will go up to at least $3-5 within the next few years, or one or two blow up to $50-$2000. This way might 2x 3x 100x your investment. It's not too late to invest in Bitcoin unless you're looking to hit the jack pot with a small amount like those who invested back in 2009–10.

I think they won’t replace fiat money for a very long time. BUT there will be parallel economies independent from government’s violence and people will use all sorts of currencies to voluntary trade with each other.
Decentralization cannot be technically stopped (unless you destroy the Internet) so it’s just a matter of time when governments will become obsolete/irrelevant, and perhaps even slowly die out.

The point of a Bitcoin fraud is probably in that you can't recover the money. Unless you used a multisig wallet, in which case you can file a complaint to the arbitrator, that money is gone.

 There a re a few ways to earn free bitcoins. One of them is the blockchain game, perhaps the most fun way to earn bitcoins, It is an application you install on your iPhone and it plays once a week(of course with many advertisements). Another fun game available not only for iPhone but other android apps. It is called Pop Bubbles.

It’s simple.
 If you invest $5,000 into Gold, you can get $8,000 out of it if things go well or $3,000 if they don’t.
 If you invest $5,000 into Bitcoin, you can get $200,000 out of it things go well and $0 if they don’t.
What most people don’t understand is that the downside risk of Bitcoin is only the amount you invest at maximum and not more, ever. However, the upside is simply so gigantic that it trumps all other investment opportunities.
 Most people don’t understand that.
The only thing you should not do, invest all of your life savings into Bitcoin or even take a loan. However, if you have savings and invest a small portion of it, a couple of thousand dollars, your downside risk is very limited.

Nearly all alt coins price based on btc prices so of btc falls to the pit of darkness everthing follows. but here is the catch. if you wanna getout you have to change your alt to btc first. therefor btc prices will rise because of incresing demand. wait it was in the pit just a moment ago. butnow it rised because somany people wanted to getout.

 Bitcoin’s surface of volatility (i.e. the swing in value from top to bottom) is very high because at the moment liquidity is still low and relatively few coordinated movements of the market (buy/sell actions of just a few thousands users) have the ability to greatly impact the price of the currency. This kind of volatility is much smaller the more liquid a market is.
 With the increase in user wallets and user adoption we can assume that the market will become more liquid and it will be more difficult to impact Bitcoin’s price as dramatically as we have witnessed in the past.

Mining Bitcoin is not a scam. Its very profitable these days. If you want to mine yourself you need to buy equipment. I am not sure how easy this is for a person since you compete with large mining companies. However, you can connect to a mining pool. The other option is to buy cloud mining contracts. You will receive less profit but you don´t need to handle the equipment and you can make a smaller investment. But there are plenty with cloud mining scams. I would recommend to choose a well known cloud mining company if you choose cloud mining.

To understand why anything is worth something, you need to see what it is used for. Kim Kardashian is only worth millions because the media have use for her. Rubbish is worth a billion dollar industry because it can be recycled and someone needs it to be disposed of.

Bitcoin maynot have too much uses, but because there is trust as the pioneer of cryptocurrencies and the gateway to the other alternate coins, there is value in it. Blockchain and the new digital currencies have actual value in making our daily lives better. So, people like me buys bitcoin.

A good currency? None has been invented yet. Currencies become accepted when they are tied to something tangible. Then they are corrupted and inflated out of existence, to be replaced by a new currency with finite amount.
The finite tangible currency becomes adopted rapidly, but then becomes a constraint on economic growth. The 'cross of gold' is an example. Then, the currency becomes inflated and the cycle repeats.
Fractional reserve has the potential to solve many of these issues, but would require rock solid central banking accounting to something tangible. And probably finite, or at least easily quantifiable.
Bitcoin is finite, so pricing things in Bitcoin, creates a 'cross of Bitcoin'. Also, due to its electronic nature, and for the above reasons, Bitcoin requires alternative currencies.

Either way, Bitcoin has got nothing to do with crime. Even laundering money through Bitcoin is getting harder, given how bitcoin exchanges take your personal information before trading it for fiat currency.

The silkroad bust proves that criminals can be easily tracked via bitcoin transactions, so in some cases the opposite may be true!

If all of the world power governments decided to ban Bitcoin, that would effectively kill it.
No, it wouldn't disable it, but making it "dirty" money would mean that all transactions become black market, and that's not sustainable.
There's also Net Neutrality to worry about. ISPs could easily collude to cripple blockchain networks.

I actually think it is a Ponzi Scheme. Yes, you can separate Bitcoin from all Altcoins and the ICO fever, but they are Bitcoin’s renegade family and the father is silent.

My buddy & I have had long discussions about this and we think it's plausible but not likely.

It makes sense that an AI could have figured out how to use all the available crypto tech to design something that worked but we would expect the outcome to be more developed in a shorter amount of time. The AI would have run the program millions of times to find a better solution. It would have caught the early bugs and worked them out. It would have produced something, from the beginning, that could handle the worlds transactions. Or not. These are just cliff notes of our discussions

 Simply put, Bitcoins hold value because they can be used as money. Just like any other currency, Bitcoin value is greatly influenced by who uses the currency, how many users are using the currency, and how much of the specific currency is in circulation.
 But unlike traditional fiat currencies, Bitcoins are not susceptible to the value of gold or silver, or authorities who decide how much money to print. Bitcoins are a product of pure mathematics and raw algorithmic calculations, and are only influenced by the amount of trust that its users put into the currency and how well it adapts to being used worldwide.
 The merchants, business startups, and users determine the value of Bitcoin by choosing to use Bitcoin over other currencies. Simply put, the more people who choose to use Bitcoin as a form of payment, the greater the value of each Bitcoin will be.

Unless you have free energy wouldn't this be cheaper to just give them actual money? Assuming this site actually donates the money somewhere.

Then it would be a sad day for Bitcoin! There would be a lack of transaction verification. Essentially, Bitcoin wouldn’t work without miners.

Fortunately, anyone can mine. And while it might not be profitable or sustainable for some, it will be for others. It’s highly unlikely that everyone would stop mining Bitcoin, unless an alternative with value that exceeds Bitcoin should arise!

Happy mining, miners!

I think it's more like, when you are below your initial investment, it feels all bad, but when you are in the black no matter what you can always shrug it off because it was still profitable, even though it could have been better.

In my case I got in a long time ago as a HS student, and BTC has payed for my initial investment, and now it's a significant chunk of money that promises to make my life go much smoother than it would have. If I lost that, my life isn't ruined, it's only partly bad and net good. Money is still money after all is said and done but I can't net lose anymore and it takes away almost all of the anxiety.

It's highly volitile. There have been major swings in prices. It's highly manipulated. There's no regulation governing it. It has no intrinsic value.