Go ahead and buy for the longer term, keep them safe in a hardware wallet for years before selling them. Nothing will happen to the bitcoin network as miners will not stop mining as long as there is some incentive to them or being the fees when sending a bitcoin transaction. There will always be transaction fees as long as people will keep using bitcoins and by the calculation the last coin will be mined to make 21 mln coins available in the year 2140, which pretty sure we would all be dead by then so do not worry as nothing will happen, except that the price may skyrocket after those years and you be a rich man back then when you will sell your coins.

Is that what you got from the news? There is something wrong here. It is the bitcoin.com Co-Founder (which is a website). They didn't create bitcoin. You need to either inform yourself better or write better. No point in letting FUD affect one's decisions.

When was BCH $8500?

There's no real way in telling when the crash 'if any' might happen. It might even only correct to a shallow price level before commencing its next uptrend. We'll never know until it happens.

With the unpredictable changes in bitcoin price people have chose to hold instead of day trading,I mean the majority have.
How risky is day trading at the moment?

First of all, leave day trading to the bots! Go for longer term trades on recently heavily dumped coins. Don't diversify too much, and don't buy small amounts of a lot of coin. You will end up only with scraps. Concentrate on few well researched coins instead. Hunt down coins with solid, new technology and buy the dips.
And stay away from pump groups. The good ones are closed clubs with rather high buy-in price.

That's too far ahead, but just imagine if we would do even half of what bitcoins did this year, then $50k is nothing. Bitcoins jumped from $800 to $20,000 (its all time high) in less than a year! That's amazing. That is 25x since it started this year. Imagine if it would even do just 5x. Then $20,000 x 5 = $100,000 by the end of 2018. It's quite possible I think!

I can bet my all bugs on this that no one takes trading as a fun or trade with coins because it feels like gaming. Trading cannot be done without good knowledge of coins in a successful manner. Whosoever takes it serious work hard to understand graphs in a good way and make wise moves at right time? In short, as you said trading deals with money ultimately so no one is going to take it light in any way.

The solution will be to read and study and practice and ask from reliable people who have extensive experiences already. That's what I am doing right now actually. Perhaps, you may start from choosing your best trading platform. Bittrex is the most famous as there are so many coins there. Try creating a bittrex.com account and explore and familiarize the buttons there.

It looks like they have a small volume with trades right now, but doesn't really look like a scam exchange. Does anyone here trade on topbtc? I doubt the exchange will be listed on coinmarketcap if it's a fake one, but the price does seem a little fishy.. They also claim to have free exchanges. I wonder how they make money

I will still hold my bitcoin because i'm pretty sure that it is just a temporary and it will go up again. It always happen to bitcoin that's why bitcoin is volatile it goes up and down so don't panic sell, wait for the price to increase again.

The corrections is going to happen but is not going to be serious one as many traders are awaiting the corrections to buy and push the price up.  We are expecting price to fell a little below 15,000 dollar to buy again and after that bitcoin may push above $20,000 as speculated that this will happen before end of this year.

I also do the same, investing 100$ on cryptos under 1$ in the top 100 CMK. I have now ~20 cryptos and it's only the beginning. I hope this strategy will pay off 
for example, only with TRON, +423% (x4) since December the 13th, and I have also Power Ledger, Vechain, MAID, ETHLEND, BAT... which have pump

I will still  buy bitcoin for sure although $10k or more per 1 bitcoin.
Bitcoin price not stop and has big potential to grow more and more next year.

I believe that the initial purpose of crypto is to create a digital currency for making transactions quick and easy. However, in reality it has become an asset which everybody is buying and holding. Continuing doing like this will destroy the initial purpose of the coin?

What is your opinion?

Surely, it will be bigger. Bitcoin is becoming more popular to people because of being profitable to its users and investors. Also, it is becoming legal to more countries which will allow more people to make use of Bitcoin and earn profit from it. 10 years would be enough for Bitcoin to be devwloped as a stronger currency than now.

Steam dropped bitcoin support citing "high volatility" as a motive.

When amazon stock jumped from $18 to $1,200 over a period of years, was this high volatility a bad thing?

If bitcoin's value increases from $6,000 to $16,000 over a period of months, and HODL'ers benefit, this high volatility is bad?

Where does the idea of high volatility being an unnecessary evil come from?

Are there good arguments or evidence which support the concept of high volatility being a negative circumstance?

In a sense, volatility simply means the price of something moves a lot, its not that bad if the vast majority of motion is in an upward direction?

 

I have now heard a lot of people talking about they are waiting for bitcoin to drop, so that they can buy bitcoin. But these guys might have said that since 6k$ and are still waiting. What do you tell those people, to try and make them understand that waiting for a drop can cost them huge percentage gains?

Well, to be honest, I think you have got it to some extent, my dear friend. Because there are no indicators that work fine or don't work. Indicators are just price based and it is our belief in those indicators which is working fine and if ask me then I would tell you that stick to one indicator and then dig deeper into that indicator rather than going in broad in all the indicators. Because you can trade like professional with even one single indicator provided you know thoroughly about it.