I see Bitcoin as Digital gold, it preserve wealth in time of uncertainty, so I think Bitcoin will always be the leader. ETH had a huge run on a very short period of time, no one knows how long it will last, but I doubt it will be bigger than Bitcoin.

I don't think it will have any impact on Bitcoin. The power of Bitcoin comes from the fact that no single entity controls it, so I don't see what's the point of issuing a cryptocurrency that's controller by a bank, it will be just any other altcoin, even worse it's a centralized altcoin.

I wouldn't touch my Bitcoin no matter who wins at the end, very risky to end up with the wrong chain.

I think you can use a light wallet like electrum to create your wallet, store the secret seed on some paper and back-up the wallet on some CD or a usb stick in a safe place.

Bitcoin users face issues with the government in countries with high inflation but not to the extent of fully banning it. I think the support or nonsupport part comes from issuing or not issuing licences for websites that trades cryptocurrencies.

If you know someone who quit his job to focus on Bitcoin or other cryptocurrencies, then there is a high chance that this person is an early adopter who has enough coins to live for the rest of his/her life.

Why would those groups admit anyone that is searching for them on a public forum. So if you are not a whale like them, don't expect to be accepted in their circles, let alone the ethical side of the pump and dump schemes, which I think are also illegal to participate in.

No Cryptocurrency is dead until no one is using it.

for 3 or 4 or even 5 years, I can invest in Bitcoin with peace of mind that it will over perform Gold, but 10 years is a very long period that no one knows what technologies will be available at that time that may shake things up.

Bitcoin has the features of cash plus an important feature that is it's a store of value which makes it true money like gold.

Good to know that the Chinese exchanges don't have a monopoly on Bitcoin trading.

Great idea for Bitcoin publicity. How about a Bitcoin game like Monopoly that instead of making the game around real world economy, this game will be about the virtual economy of the web and players will use Bitcoin to process their transactions.

I don't think we can be sure that Bitcoin will always remain #1, but I can say that the reason why it is now #1 is because it's the first working cryptocurrency.

There is a lot of attempts to clone Bitcoin into another altcoin, but that's not the same as Bitcoin. Bitcoin gets its value from the huge number of people who trust that they can be sure that it's a legitimate cryptocurrency and not just a pump and dump coin.

There are different levels of controls when it comes to Bitcoin, There are Bitcoin miners, Bitcoin nodes, and Bitcoin owners with private keys.
Bitcoin miners control which transactions they can accept and which they cannot, this doesn't mean they can do whatever they want, because they themselves are limited on applying things that they agree on all of them.
Bitcoin nodes are where the Bitcoin blockchain is stored, that is all of the transactions in Bitcoin history.

And finally Bitcoin owners with addresses and their corresponding private keys, these are the owners of the bitcoins located in these addresses, unlike all the previous levels of controls, where all the participants in controlling that level have to agree on something for it to be applied, this is not the case for Bitcoin owners, where they themselves on their own can move their bitcoin wherever they want by themselves.

As someone in the comments have mentioned, Bitcoin is not competing with Paypal, but rather it's competing with fiat money. Although that statement isn't strictly correct, I think there is some truth to it, since Bitcoin can act both as a money and a money transfer service. If you see Bitcoin as money, which it is, then we need to develop a service like Paypal that can handle a huge number of transactions per seconds. In my opinion when the Bitcoin community can achieve to do so, that service will one of the Bitcoin killer apps.

One may also suggest that Bitcoin doesn't even compete with fiat, because fiat are currencies, whereas Bitcoin is money, so Bitcoin is actually competing with gold.

Even with the raised fee, people are still trading at OkCoin and BTCC with huge volume compared to other exchanges.

I don't find huobi in your second pie chart, is there any reason for that?

If your question is, is it possible, then obviously the answer is yes. The more important questions are, how much time it's gonna take, what method you should use to get to that number, what the initial investment should be, etc.

I do trade sometimes, and I had a chance in the past past to buy into ETH when it was 0.7$ or so, if I had bought the equivalent of 1BTC at that time, my investment would have grown to something close to 22BTC if I sold when ETH was at its high, but unfortunately I didn't.

Also trading Altcoins is not easy as it seems, so always follow the saying "don't trade what you cannot afford to lose", and don't expect people here to tell you how to grow your Bitcoins into 1000BTC, because they would have done it themselves if they know how.So to achieve something like that, you should be smart and create your own method to grow your Bitcoins.

Regards,

You only lose if you buy high and sell low.

Are you serious? No electricity because miners won't have access to cash!!

I work as a programmer and Bitcoin makes the payment for my services easy.