Well the traditional banking system will continue to stay in the world and i don't understand from where you got the statement that banks are scared of bitcoins as bitcoins and banks play different roles . cryptos cannot replace banking system. It is true that mining takes too much electricity but i don't think that people who does mining are so foolish to spend on electric power without any benefits so incase even if they spend one months electric power for a day they might be getting more benefits so its not a big deal for the miners.

Not buying in bitcoins when i had funds to buy them and ending up loosing bitcoins when my system crashed as i did not have back up copy of private key and wallet address.

Bitcoin has already become one of the most powerful crypto currency with a market value of above 15K USD .It is being accepted globally and is one of the best investment form with lot of benefits even if we make it for a short period of time.The investors of btc does not have to wait for longer period of time to get profits out of their investment where as in other forms of investment well will have to wait for a minimum period of five years or more.In the next 20 years the price of the bitcoins will continue to grow and there will be and unexpected pump in the market value of btc.

Well thanks for the info i  only knew that btc started in the year 2009 but never had an idea on the exact date about on when it was first mined.Anyway hats of to the great genius for his great invention called bitcoin which brought in a great revolutionary change in the field of investment.Those days even if i have heard about bitcoins i was not interested on it as i used to think it as an online scam in which we will end up loosing money.But i was foolish to think so i should have tried out my luck anyway no regrets at least i have now.

Every person has their own goals in life before they die they all want to achieve their goals and live a happy life but what has that to do with bitcoins economics column .Well man your dream is so funny to see all person earn below $2 is something which never going to happen as the world is moving forward such days as your dream will never happen .Its good to have such dreams but it is not practical as long as the government of the particular country make it a rule. 

Bitcoin is one of the most popular cryptocurrency as it is one of the first crypto currency which was being created as a digital currency and it became popular due to its rapid growth in the market value as you can see how the market value of btc grew and its market value even touched upto 20K USD even though at the present the market had a dip to 12K USD the market value will continue to grow as per the growing demand and it even became a sensational talk of the media due to the unexpected growth of the market.

Bitcoins will remain as the best investment form for the next 150 years there is no doubt about it.That bitcoins will continue to grow in its market value in the following years to come.Its best to buy bitcoins now even at least as few sathoshi's aS the price of the bitcoins will continue to grow and it will be even more difficult to buy one bitcoin.So it is best to buy now rather than waiting forever for the price to go down so that you can buy bitcoins.And it is not necessary for you to wait up for a year or more to reap profit.

The bitcoins will continue to grow as long as the last coin gets mined .It will be a promising time for the btc holders in the upcoming years as the price of the btc will continue to grow as more investors are getting interested in buying in more coins so more the demand higher the price of the btc market will grow and it is going to be a great year ahead on 2018 for the btc market as it will continue to have profit ratio just like the year 2017.

Maybe you are not updated about the news that the most popular business magnet has made 10 percentage of his total assets  investment on bitcoins and there are several other business magnets which has made investment on bitcoins it is not that business men are not aware of bitcoins but the fact is most of them don't bother to invest on it as the value does not stay the same.Moreover we cannot predict anything with having a clear idea as btc maintain high privacy of its user so we cannot say it clearly whether the billionaires are using bitcoins or not. The billionaires will be normally updated about the best investment form so i think they might have missed out bitcoins. And i think that it is foolish to think that the billionaires are not aware about btc as it has already become a sensational talk of the media.

I would have donated bitcoins if i had sufficient btc to give up for donation .Now the market value of the btc is so high and its not ec to give up a bitcoin in the past it was not like that .It is good idea to do donation and charity service through bitcoins as it can help improve the financial situation of atleast one person but the fact is most of the charity organization are not aware about bitcoins nor has idea on what it is.I hope atleast one btc can save the life of one person.

If all the bitcoins get mined the market value of the btc will increase because there is no more btc to provide for the public and hence when the demand of the btc grow the rate will also grow and the once holding btc will sell off their coins to get profit so that they get benefit out of their coins.And it will be available for the public again.Anyway it will atleast a century or more to get the last bitcoins mined as mining of btc has become more complex as compared to what it was in the past and its a long way to go.And the matter about the alt coins is that it will also continue to grow along with the btc. 

If you are really conducting a research on bitcoins its better you go study about bitcoins from the university which is providing course relating to it.You can find several universities providing courses related to bitcoins in US.There are even several online course in connection with bitcoins which can help you improve your knowledge on bitcoins.The Simple answer to your question on why people are interested on bitcoins is that everyone would love to improve their wealth it is a normal human tendency to increase their personal wealth as gaining profit doesnt hurt so is the only reason why people are more interested to gain profit.

I don't think the market value of btc will crash so soon.As more people are willing to buy in btc.The current dip in price is due to the panic situation which was being created by the investors who sold off their coins as they felt that the market will fall again some felt it as a profit situation and they thought that they should sell off their coins so that they can get profit some felt that the price will dip even lower so it created a slight dip in the price when it rchd 20K USD.There is nothing to worry about btc price as it will continue to grow and the market will not crash like the other markets.

If the btc holder dies without passing any information about their btc to the nearest family member all the btc will stay as unused as a frozen coin.Unless a hacker hack in a steal the coins it remains as it is.If you want your family to enjoy the profit even after you pass away it is better you pass your private key information to someone you trust from your family so that they can use it even after you are gone.Or maintain the records in your safe locker for your family to use.

It is better not to sell your btc now.Just wait for the price to hike as of the current trend the price of the btc went down so its better not to sell off btc thinking that the price will go even low.Some of the investors even panic thinking that the price will go down but it is likely to grow beyond 20k very soon before the end of December so it is better to hold on with your btc rather than selling off what you have.

Well its good to have such kind of things as a dream for you .It is not something which is practical .Banks are not going to vanish as you dream as cryptos are just digital currency's which does not have a stable value so try to understand more about crypto before you dream about crypto ruling the banking world its much you try to learn more about bitcoins in comparison with real life currency .Suppose if real life currency vanish then how are you going to earn the profit that you gain from crypto so stop being foolish and think something practical .

Well as per my view btc is not supported in some countries as the government think that it is some kind of threat for the government and people are using it for illegal practice where as they don't try to understand the fact that btc will help grow the economy condition of the country.As it is normal when people of that country become rich via btc they normally tend to spend their profit by converting it to cash and the cash which is transferred to the bank account is normally taxed and the government does'nt try to understand that it can bring in income for their nation.

I know that there are a lot of people who used to think alike me as i also knew about bitcoins like back in 2010 but  i did not trust it those days as i used to think that it is something which is more like an online fraud and we will end up loosing our money and those days i even used to think why should they even offer free bitcoins if it is something worth.I really regret the opportunity which i have missed in the past.

Well the price of the btc continued to rise as it  became the part of the growth of the economy and lot of people where flocking in  to buy in bitcoins in order to gain profit and the once who had coins sold them off in order to get profit out of their investment.The main economic reason for the sudden hike in the btc market is simply because of the increasing demand for btc as its normal for the price of the btc to go up when the demand increase as there isn't sufficient number of coins created for the entire world so it is normal for the price hike when the demand goes up.

Well as you being a newbie in the forum my question is how did you make investment as you only had a vague idea about bitcoins .It is good if you have invested on btc and sold them if you found it profitable .Ups and down are common in every market situation so there is nothing to panic about the price going down as far as you did not end up on loss.Yes it is true that the price will grow if there is more demand for btc and the price will drop if more people start to sell of their btc as there aint much btc to provide for everyone the price will increase when the demand goes high.Try to learn more about btc from available source.