If I were new to crypto then I wouldn't invest in mining right now. A lot of people are going to invest in Bitcoin so its price is going to increase. That's why investing directly in Bitcoin would be the best choice. I have even traded all my altcoins to Bitcoin to earn on SegWit2x hard fork. I would advise any newcomer with small amounts of money to invest in Bitcoin.

It is quite simple. Some authorities are afraid of losing control of their financial system. It's possible that they will try to ban Bitcoin and introduce their own cryptocurrencies based on Blockchain technology. Unfortunately, they don't understand that being open source and decentralisation is very important and that's why Bitcoin succeeded.

There are many factors which determine current Bitcoin price. Recent exchange ban in China is a good example. The price had fallen because of it but it also recovered in a short period of time. Bitcoin has a value because some people treat Bitcoin as a long term investment so they are willing to pay a lot for it. To create 1 Bitcoin we have to use electricity and dedicated hardware. The same thing applies to fiat money. Special equipment, paper and most importantly people are needed.

We have to convert back to USD because not all countries have some sort of services that will accept payments in BTC. Some people are able to pay for their bills and food with Bitcoin. Fortunately, I'm one of them. Thanks to the one company in my country I'm able to order anything what I want from the Internet and pay with bitcoins.

There are many factors that cause the Bitcoin price to decrease. For example, Chinese exchange bank caused a huge FUD and a price drop. We have just reached new ATH because Catalonia is interested in Blockchain technology in their future's currency. So basically, the price depends on the recent events. You have to be up-to-date

If I had 100k like you, I would go straight into Bitcoin. Bitcoin value has been increasing a lot recently and it will probably continue. Altcoins value mostly depend on Bitcoin. Ethereum hasn't grown as much as Bitcoin did. You also earn some money on hard forks. Not all of them are worth a lot but it's still a nice amount of money to have to pay for example for dinner in the restaurant etc.

Unfortunately, you will have to stop buying some day. You will be dead by the time Bitcoin value stabilizes. It's still a good time to invest in Bitcoin and altcoins despite what many other people say. You can still earn thousands of dollars by investing now. Bitcoin won't become obsolete anytime soon. If I had more money I would invest more in mining and directly in Bitcoin.

There will be always someone who would like to sell their BTC. If everyone was holding then miners wouldn't earn anything from transactions and mine they would mine empty blocks (assuming that nobody would move their BTC between addresses). Bitcoin would be probably ditched in such situations. Other people would switch to other cryptocurrencies.

I try not to cash out. I already pay my electricity bills with Bitcoin. Unfortunately, I can't pay for everything in Bitcoin (mostly taxes). I have a few Antminers and I'm going to keep the BTC which I have mined. Bitcoin already helps me to make a living. I hope it won't fail because it's my main source of income right now.

It will be hard to explain that Bitcoin is not a scam. Some people still think that it is a financial pyramid. Even if it was it, it would be one of the best ones right? It's a matter of time before they realise that Bitcoin is a good method to accept and send payments. We can only try to explain how Bitcoin works and hope that it will be enough.

Old news. As far as I know Amazon didn't announce that they are going to accept Bitcoin payments. What a pity, I would use their service more often than I do today. It looks like we missed another change to get a pump on Bitcoin price. I think it is a matter of time before other companies will introduce Bitcoin payments, Valve has already done it.

You still have a big chance to earn a lot of money but I doubt you will earn a few million by investing $500 now. It could be possible if you buy about 10 BTC now. Try to invest as much as you can. It will surely pay off in the future. Unfortunately, we can't predict what the price of the Bitcoin will be in the future. I hope we will reach $10000 or even $20000 by the end of this year.

It is not possible to mine Bitcoin through a website. You can mine Bitcoin only by using ASICs. Probably you are talking about mining Monero. It was quite popular lately and some websites have implemented it. I think it's better than ads unless it doesn't use 100% of my CPU. Laptop users had a hard time when they weren't controlling it.

Bitcoins can't be added to your account like in bank. You would have to modify all the nodes somehow. The only possibility is a majority of hashrate. It is called a 51% attack. It is possible, however it is too expensive to perform so it's not worth it. Bitcoin is safe in general, especially if you have control over your private keys (software or hardware wallet).

Well... I have to agree with you that Bitcoin SegWit2x is one step closer to centralisation of Bitcoin. That's why I don't support it either.
I will treat Bitcoin SegWit2x as an another altcoin which is pumped really hard because some people want to earn a lot of money just on hard forks. There were too many of them recently. Bitcoin Gold is "great" for some people because it has different algorithm. So what about BitcoinZ? It has also Equihash algorithm.

Yes. I believe that cryptocurrencies are going to replace fiat some day. Bitcoin and Blockchain technology are becoming more and more popular. A few countries have already started distributing their own cryptocurrencies. As far as I know, Estonia wanted to introduce their own cryptocurrency which would they accept as a payment for taxes. Unfortunately, European Union has blocked it.

Some governments won't ban Bitcoin because it generates a lot of money for them (mostly income tax). Other countries are simply afraid of losing control of their financial system. They wouldn't be able to print any additional money anymore. There could be hard fork but it would cause a lot of trouble for the government because people could get easily confused.

China hates Bitcoin because they can't control it. It would be interesting to see a cryptocurrency in China because a lot of people are using their smartphones to pay for something (especially in big cities). Why did China banned exchanges? Weren't they earning a lot of money on income tax from miners? Now miners are moving to Russia and other close countries.

Bitcoin won't be national currency in every country. 21 million is not enough, even if we divide it to satoshis. We can't just make another hard fork which would double the amount of Bitcoin because:
- the price of Bitcoin would rapidly go down,
- it wouldn't be a Bitcoin anymore.
That's why it may stay in trading as an universal currency.

Bitcoin was always used in crimes. Bitcoin is fairly easy to use and anonymous if you take proper steps. Bitcoin should be available for anyone without any restrictions. Thus, we can't ban the "illegal" usage of Bitcoin. They are paying for transaction fees and trading on the exchanges do they are somehow contributing to our community.