Oh wow!!! what a solution. Are you serious or you are just making fun of the investors who are already in trauma . It seemed like fun to you by reading your first point. It's so funny  . Like if you have $1000 and you have invested $900 which is now in 80% loss, you want them to forget that they have invested. Really 

I think price drop of bitcoin by the end of every year is an usual thing. Anyone can find out the history if they do a little research on it. You will gain some faith by studying on it. And what I think is you are just asking for opinion what other thinks and as an old user you know all this history of bitcoin right?? 

I think people are over reacting, I can smell that reading recent posts. Though some people faced some losses and of course it's unpredictable, but bitcoin is so far away than what people are thinking.

Bitcoin is not going to die easily. This is just a normal fall. I don't find anything to worry about. Yes it's a huge loss to some people but it doesn't mean that this is the end of it. Wait till the next year and I hope you will see the raise again. It's acting like a stock market now. It never dies. Many people are so much panicked since yesterday but I don't find any reason for panic. Holding it till next year would be more profitable I think.

Yup. Bitcoin is not going to die easily. This is just a normal fall. I don't find anything to worry about. Wait till the next year and I hope you will see the raise again. It's acting like a stock market now. It never dies. Many people are so much panicked since yesterday but I don't find any reason for panic. People who are worried should check the other cryptos too.

First of all what did you mean by currency here? A fiat currency or a online currency I mean cryptocurrency?

If you mean fiat currency then I don't see that happening or will happen ever. Because banks are still against the cryptos. They may allow crypto in future as an currency which would be able to trade online only. If it will be allowed worldwide like your country then yes it will be the online currency of the future.

I agree totally. Both gold and bitcoin has their own value and prescriptive. None can be replaced by either of them. Gold is an ancient asset till today and has a great interest and value which never gets reduced. But in case of bitcoin, it's a new thing and have a great current interest and value but can't tell about future. But future of gold I can tell is, it was always gold and will be gold like today. Actually for today they both are gold with a high value which makes them assets until bitcoins bitter of sweeter future comes. You never know what comes in the future.

My question is why do think bitcoin is deadly or scary??

What I think is it's a very potential thing which will make great benefits in future if it gets at it's top destination. There are peoples who sees its potentials and peoples who sees as a destruction of current currency, specially the governments and banks, and there are reasons behind it which are misunderstandings. Governments and banks have started to understand the potentials and values and advantages of bitcoin, though the understanding speed is slow but it's happening. Which is a good sign. It means it's not scary or deadly at all. And of course our grandchildren will talk about it in future, but about the business they will do with bitcoin.

These are very good points to your question. You see, if you can manage to make people understand about the features, advantages and disadvantages of bitcoin I think people will easily accept bitcoin over other options. Just compare the value of bitcoin, the security of your transaction, how easy and fast it is and anywhere in the world with no additional tax or charge. People won't be able to compare other options with bitcoin.

Usung only online wallet is not secure at all. Though it has a 2 factor authentication but hackers can breach the security easily I think. So using a hardware wallet is the best choice because hackers can't reach your wallet as it is offline option. There are many websites that offers security for your online wallet which is not secured  in my openion. I think hardware wallet is the best option for security.

I don't get it!! Why are you blaming bitcoin. Most of people who knows about crypto knows about bitcoin,so if they makes mistakes by trading altcoin with bitcoin instead, it's their problem.

Yes there are so many altcoin available in the market but you should always remember that pioneer is always pioneer. Overcoming bitcoin is only a dream to some altcoin miner, but I don't believe that bitcoin will be dead any sooner. So I would suggest you should do some research on it.

I think within a range of 0.01% to 0.02% would be very suitable and acceptable for everyone along with some range of limits of transaction.

I don't think this will ever happen. PayPal is like a online bank which is regulated by the government or you can say the banks. So I have a question on that. Do you think banks will also be dead like PayPal?? I don't think so. Bank will never be dead. As long as the banks are alive so the PayPal will be. Bitcoin can reduce the banking transactions but can not kill it.

It's a good option actually to have a payment option for bitcoin and it's pretty practical. So many online shopping sites a accepting payments via bitcoin and many more is on their way and it's a good way to create a demand and spreading of bitcoin by choosing bitcoin payment option. And I don't think there is any limit to pay via bitcoin. I mean you can pay via bitcoin as much as you want.

If you can manage to make sure the safety of your one wallet then it's possible to manage multiple wallets. But should be more careful, like use a strong PC password, use a good antivirus,don't browse to website from where it's easy to put bugs in your PC like adult sites,torrent sites, etc. If you are able to maintain all this then it's alright.

The online shopping sites will die for it to add bitcoin as their payment option if the governments allows crypto. It would be a great thing that will happen. And as far as I know, those who knows about bitcoin well, everyone wants it to get a payment option of bitcoin in every sector where debit/credit card payments are accepted.

There are some simple ways to make your wallet safe.  Try to access your wallet from a single or two divices. Don't browse in the websites from which it's easy to put a bug in your PC and hack it, like adult sites,torrent sites, etc. Use a good antivirus. Don't open any suspicious links on your e-mail or chats, and most effective is to use a hardware wallet which is a bit expensive but worthy.

I think the biggest problems will be created by Government and central banks. Because bitcoin will spread more quicker than today is and that will be a huge headache for politicians thus to the government and banks. And if!! I mean if the government allows bitcoin transactions in future then I think they will put some rules and regulations on bitcoin which will not be user friendly and transaction costs minimizer. So you know what will happen if they do that, it will have multiple effects and that effects won't be good for bitcoin. And they don't want good effects at all.

Everything that is good always has some enemies. And they spreads some bad news about it and we all know the bad news attracts people easily and they starts to react accordingly. That's what happens to every good things and it's very hard to reverse, and when the Government and the banks are against it then you know what happens,they influences people more about the negativity. So it becomes more harder until the government recognizes it and allows it with some rules. Or you can't stop the negative publicity because the governments are helping the publishers.

A gold that is digital or you can say virtual gold. Actually it's true for many people around the world because they see bitcoins as their business or their profit maker. Many people earned a lot by investing on bitcoin and that group of people has a set of mind that it's only for making profits and that profits are big so it's a virtual gold for them but actually the main reason for creating bitcoin is to transfer money easily along with profits and without any charge like banks and other payment gateway takes.