Definitely volatility and transaction fees are two issues in bitcoin.Volatility makes many countries to think twice before accepting bitcoin as legal payment.But volatility is its nature.It could not be changed.Higher transaction fees would make new companies drop their plans of accepting bitcoin payment.

No it would take long time for bitcoin to replace dollar.Bitcoin has been the global reserve currency.It is in the end span of being the global reserve currency.But still it is universally accepted and bitcoin is not universally accepted every where.Bitcoin is still not legalized in many countries.

They just have started to save bitcoins just like gold.They save gold since it is a secured investment even though it does not give high profits.But they have started to save bitcoins because it gives them very huge returns but at the same time,it is also a secured investment since it works on a secured block chain system.

Thats a wise decision.I too would do the same just hold bitcoin instead of selling for fewer profits.Bitcoin price would even reach $4000 by 2018.It would not be just a speculation but the truth.It has already tripled in its price within last six months and so $4000 by 2018 is not impossible.

The most best time would had been on 2017 beginning when bitcoin price fell down to $800 due to BU and hard fork issues.That was the lowest bitcoin rate within the last six months.But this is also best time to invest since bitcoin price is steadily increasing.If you didn't buy now bitcoin feeling that price is buy,you may have to buy the same bitcoin at $3500.

First we should explain them history of bitcoin ,its functioning in block chain and how it is secured briefly.Then we should explain them that bitcoin transactions could not be reversed unlike paypal and so its safe for merchants.We should say that by just downloading a wallet and by scanning the QR code by even smart phone.It should also be said that if we earn bitcoin as payment instead of fiat,it has chance of increasing since bitcoin price is increasing continuously.

The best and legit way is that you can invest in good altcoins and start trading.Trading is risky.Better start with 0.01 btc and gain good experience to invest more.I am not suggesting you cloud mining sites since most of them turn out to be scam nowadays.

I don't think that people with good knowledge about cryptos would switch to altcoins.If they are doing so,absolutely they are doing a wrong thing.Bitcoin price has been gradually increasing and no more manipulation is found in bitcoin.Today's bitcoin price expresses its true value.But Altcoins donot express so.Even if there is an increase in altcoins price,we should know that it is being pumped and investors in it would loose their money soon when it would be dumped.Altcoins have no special features to attract bitcoin investors.Only very few of them are legit.

At first,i started using bitcoins for sending my earnings from abroad very quickly at very low transaction fee.Then i came to know that bitcoin works on superior block chain system which is responsible for secured functioning.I was very much admired by the decentralized nature of bitcoins in which bitcoins are sent P2P without involving any banks.Despite the efforts of many bankers and governments to destroy bitcoin,bitcoin has survived and it is a revolution in the world economy.

Bitcoin price has gone beyond OP's prediction of $2000 and its around $2800 that too within five months.2017 would be a great year for bitcoin.No more chinese manipulation.Mass adoption of bitcoin all over the world.More countries coming forward to regulate bitcoin following Japan.Hope India,the second largest populated country too would soon join this list.Bitcoin price could cross $3500 by the end of this year.

People have already seen lots of scam projects.They would have been tired of trying those things.So they naturally have a bad impression about new schemes,new offers for earnings.So,if you go to them and say about bitcoin,they would definitely doubt that.We could not blame them for that.Rather,we should try to explain what bitcoin is,how it has revolutionized the world economy,what we have achieved from it in our life personally.Gradually their doubts would come down and they would slowly start to show interest in bitcoin.

Bitcoin is a decentralized currency uncontrolled by any one.Hence it has gained attention all over the world.But still its investors always have a doubt that what would happen if their governments ban bitcoin suddenly.We saw similar condition in china when people got scarred that PBOC could ban bitcoin.It created a great price fall in bitcoin.But for mass adoption of bitcoin,regulation is necessary.We could see after Japan has legalized and regulated bitcoin,its demand has increased considerably and its price too.But bitcoin investors could no more enjoy tax free earnings if it occurs.But only after regulation,bitcoin would gain full recognition globally.

Bitcoin would reach $3500 even before 2017 end.Mass adoption of bitcoin is btaking place and it is one of the main reason for this price increase.

Dont sell.Just hold.Bitcoin journey has just begun.Yet it has more turning points to come.Bitcoin price is now around $2800.Soon it would reach $5000.So no wise person would sell bitcoins now.

Sure,if bitcoin continues to rise in this speed,it would definitely cross $10,000 by 2020.Bitcoin has created a revolution in the world economics.It seems that it would still continue in the bullish trend.

Already many best times have gone.If you miss this time also,you have to regret.Bitcoin price is now around $3000.Then you have to buy when bitcoin price would be at $5000.Don't miss the train.

Definitely,long confirmation time would make merchants to not promote bitcoin acceptance.In japan,bitcoin usage for day to day needs have come true.Let us hope some solution would be found to fix this issue.

In bangladesh,even imprisonment is given to persons if found using bitcoins.Some countries fear that bitcoin would be used for buying illegal products.They also fear that they would loose their revenues which they got from taxes.

I heard that switzerland has become a bitcoin friendly country.So you could settle there as its full of tourist spots.Or else,you could try an european country which provides tax exemption for bitcoins.

If a collapse occurs for a big exchange like poloniex as it occured early in Mt.Gox,then definitely bitcoin price would crash.But we could hope that such incidents would not happen another time.