if you consider "electronic" money also debit/credit card or paypal for example, i have already almost replaced paper money.
Where i live everyone accept cards, i can even pay a shopping bag with my card!
Different story with crypto, only few shops are accepting it and we even have 2 ATMs in the center of the city which is nice but replacing paper will not happen in a long while.
I don't see the urge to stop using paper, digital payment are more efficient but every now and then you must have paper money otherwise you wont be able to pay anything.

that's what i call natural selection at his finest.
Buy high and sell low.. these people have weak hands and doesn't know how this world works, in this way they found the best way to lose money in a short amount of time but no need to rant, people will never learn and never listen to hints and this forum is a goldmine of old and new traders.
The basic rule of anything is to be able to READ!

if you trust bitcoin and crypto in general, you usually wait for these dips to be able to buy some more at a reasonable price.
When the price is at the all time high, unless you have tons of money is never worth to buy, depends on your strategy but if you are here and you know this world for long time, you will definitely keep trusting and buying.

weak hands exist on every market and especially in crypto.
Uneducated people who jumped on the crypto train without knowledge and just for profit are losing a lot of money because, without trusting the project it's just a matter of money invested and lost.

same here, Thanks Lutpin & 777coin payment received!

i have read tons of prediction about BTC price by the end of 2018, going from 1million dollar back to 500$ each.
Guess what? we can't know what will be the price, you can sort of foreseen on a weekly basis but by the end of the year it's almost impossible.
Like most of the users already answered, this will not happen because there is way to much attention dragged to BTC and at this point, the lowest it can be around 10k or a bit less.
There are way too many people involved, companies and investors to let it drop to nearly 0.. on the other hands, everything can happen just depend on the environment around BTC and crypto in general.

everything went red yesterday and today, this should not worry you yet, it's a moment of bad news everywhere.
Of course the market react to that in not a good way but it will pass and coins will recover, China, Japan news aren't very healthy for crypto but it ha salways been like this.

naa, i don't think BTC will survive another 100 years, for sure it will be replaced with something different based on the same idea.
Shame we wouldn't be here to discuss the new coin or new technologies unless we get frozen and defrosted after another 100 years

mate, as an old bloke, i want to give you a life advice: listen to your parent first!
second, try to explain how does crypto world works, make them aware of what's going on, at some point they will understand you.
wall vs wall is never a good choice with parents, they have more experience than you and that experience can help you a lot.
No need to trick them and remember, you have only 2 parents and if you get in fight with them you will for sure regret it, don't listen to people who say to run away from home.. are you serious? Do you have a stble income who allows you to rent an apartment and pay for expenses?
Think twice before getting into a fight, talking it's the best way to proceed.

the only thing about buying it with BTC is if your contry and/or bank are going to tax the income.
In my home country, if you receive a good amount of money in your bank account (not tagged as salary) the director of the bank first will contact you and second the government will tax it.
Make your calculation but i would go for that if you have a good business plan, id love to do the same in the next future, so keeping my eyes open on this topic
good luck mate!

kraken is working in degraded mode for months now, they promised to upgrade their infrastructure couple of times "please, have patience, we're working on it" and at some point i got enough of it.
Took me 3 days to be able to add a bank account to withdraw everything and another 4 days of error 505/502, transaction failed please retry later..
I have always loved kraken, was my first exchanger and i had faith in them.. now are just a joke and my advice is to get out of it until they will really solve their issues, right now even if you are able to login (after couple of refreshes) good luck trying to create a transaction.

you have to go through an exchanger first to convert it into fiat, then you can transfer to your bank account.
First check which exchanger has the better fees and their policy, then just send your BTC to the exchanger wallet, sell and transfer, easy and "fast" (it could take up to one week to get money in your account).

anoth black friday for BTC, get it while it last!
This for sure will not be the last dip for this month and this is kinda getting sort of scary, not to panic sell but i will wait for some more time and see what will happen.
Maybe in the same time i would go to eth for a quick investment but i know i will get back to my first love BTC

i have verified my account on poloniex couple of days ago and really it takes around 30 mins/1 hour.
Keep in mind you need a pc with webcam (mandatory) otherwise it will fail, then you have to take a picture of your id or driving license and then a photo of your face.
Automated, easy, reliable and pretty fast, nothing special.

being a photographer as a hobby this is a very interesting idea, having your photos stolen without many possibilities to claim as yours this can be a goos solution to this.
I will keep my eyes open to this project and see how it will go.

they might change their mind in the next future by adding altcoins as well or might have been also because not many were aware of this possibility and just few people bought MS products with BTC.
For sure, since they started accepting BTC they did a bad marketing, it was never advertised much, they added it and only the IT guys were aware of it, for me they should have really advertised it in a better way.
We will see what will happen in the future but as now, this is a sad news.

your answer is transaction fee and at the moment it cost a lot and as you seen, it's quite a lot even for small amount of BTC.
The first advice you will get here is to try to move from exchanger to exchanger by converting your amount of BTC into alts (like ETH or LTC) in this way the transaction will cost way less and it will be faster.
Then after you transferred you can always convert back to BTC and start to trade but i would suggest you to learn and trade altcoins because at the moment there are couple of them which are blooming and you can get some good gain with them.
At the moment there are more than 100k transaction stuck in the blockchain and in order to get yours accepted and processed in a good amount of time, you have to increase the fee you pay, this is something who's not really good at the moment about BTC and you can check blockchain transactions here:
https://blockchain.info/unconfirmed-transactions

Welcome to the crypto world and remember, this forum is a gold mine for information, be avid and read everything in here, in this way you will learn a lot!

altcoin now are the way to go to invest some money but you should always keep your eyes open to BTC because when you gain something, at least it's what i'm doing now, i convert my gain into BTC.
So my BTC will continue growing while i still have some coins to trade with (which as now, are a good way to grow your portfolio).

this is natural thing for crypto, fluctuation can happen based on news or whales moving from one coin to another, usually when BTC price is decreasing another coin is raising pretty quickly.
After the pump there is always a dump for another coin (people will always go back to BTC after they rose the wave for some gain).

yep, until last year i would laugh at this statement but at the moment, if no action will be taken about transaction time and fees it wil get surpassed by a better coin.
It will always be the king of crypto but it might get surpassed by some fresh coins.