The trick is to have an idea nobody had before you.
Finding something that people want but do not have, and you are the only one who can give it to them.
Because bitcoin and the whole system of cryptocurrencies is still relatively new and in developement, that idea can be found here much easier thatn elsewhere.
But I have not found it yet.

One reason is that they do not want to have their name involved.
When they buy access to adult sites for example.
So guaranteeing the anonimity of a user is a way of advertisement that could be used much more to increase the interest for bitcoins in general.

When I calculate correctly every person on this world could own 260000 staoshis in average, if all bitcoins were mined and the world population is about 8 billion people.
That does not sounds much at first, but of course a satoshi would be worth much more than today, lets say one dollar.
When a transaction has fees of 10000 satoshis, who would pay that?
Nobody I guess. That's why I say there are way too less satoshis to make bitcoin function as a global currency.

If I would find Satoshi I would ask him why he did it.
Create bitcoin I mean.
There are many theories why he invented it, but I would like to hear if any of them is true from the godfaher of cryptocurrencies himself.
Maybe it's not an important thing for most, but I would like to know.

Bitcoin is a stream of currency.
And wherever there are streams of currencies, you can get a little bit of it for yourself, if you are smart.
I think money will keep on flowing with bitcoins, so I invest. But just not too much.

I bought me a domain for hosting a blog.
Didn't cost me much and I am still holding it today.
Since that purchase went smooth, I tried from time to time to buy other things wit bitcoins and did not have any problems yet!

I think as well it's a security thing why some people use so many wallets.
I must say I have just 5 of them I actually use.
And I already have trouble with those to manage...
I think it can be a very tricky job to keep the overview, all the passwords and addresses.

I do not think that the number of bitcoin users is big.
I would really be surprised if there are more than 5 million people out there who use it.
Bitcointalk.org has 890254 members (says the members section). I'm sure that there are many alt accounts included, but let's say 500000 people use this board.
When you start with bitcoin it's very likely that you open an account here.
If only 10% of all people who started with bitcoins has an account here, we would reach the 5 million users.
If the percentage is higher, the number of bitcoin users would drop.

What do you think about my theory how to calcultae the number of bitcoin users??

I would sell all my Bitcoins if they were worth together 1 million dollars.
I would sell all my Bitcoins if I knew that I can buy them tomorrow cheaper back.
I would sell all my Bitcoins if I knew they would soon be worthless.
I would sell all my Bitcoins if it's judgement day...

I am really a fan of number one on your list.
Of cours people have to be careful not to make any connection from their names to the wallets they posess, but that's the responsebility of the users and has nothing to do with bitcoin.
Another advantage is the transparancy. Every transaction ever made is recorded in the blockchain.
Nobody can say he did not get the money to a certain wallet when he actually did. Everybody can look at the blockchain and find out if the transaction in question was made.

I would be satisfied if 2017 would turn out to be about as 2016.
Of course we would need no exchange hack in 2017.
But no halving is coming as well. I can imagine that these two factors might have compensated each other in 2016.
I think we made about 50% profit with bitcoin. If that would be again the case in 2017, I would say it's more than fine.

I hope we will see a developement like 2016 every year in the future. A plus of 50% is really nothing anybody can complain about.
And maybe 2017 will pass without any hacks, then I see the possibility that it will become even more profitable than 2016 was.
At least that are my hopes.

I think that bitcoin is a good short term investment.
It can raise a lot and you can sell it any time with your computer.
The gold price does not fluctuate as much as the bitcoin price. And gold is a wanted thing now for centuries.
So I would say gold is much more something for long term investments.

I can't say I would want my children to inherit bitcoins from me.
Money, my house, stocks or gold? Yes.
Bitcoins? No.
The time when they get their heritage will be some time far in the future (I hope so at least).
I do not want them to get a bunch of nothing because crazy old dad once had that strange idea of crypto currencies in his head...

The future of paper money is going to vary in every country.
Probably because of different mentality of the people.
Some countries will sooner change completely to online payments, others will do that later.
But at some point I think the world will be free of paper money. If that takes decades or centuries I can not say.

I don't plan that far in the future.
And with bitcoins it does not make any sense to plan such a long timespan in my opinion.
But if I had tu guess I would say that in 20 years bitcoin is already over its peak and has been replaced as number 1 crypto currency.
I do not think that 1 btc in 20 years is worth as much as today, so I will have sold all of my coins that I keep as an investment today.

But you could look at it the other way round as well:
when you get your salary in bitcoins and the price rises the next day, it will affect your income in a positive way.
It's always a question of perspective.

Besides... I would like to have a part of my income in bitcoins. That would spare me the time to convert fiat into bitcoins.

The answer op gets from me is the one he gets from most people here.
With 20 dollars I see only trading as an option.
Investments into cloud minings are useless cause they are all scams.
Gambling is a sure way to make the owner of the gambling site richer.
With some knowledge about programming or website design op could host a donmain, run his own blog and earn with advertisements. But that really needs some skills.

I have bought me account at a few oneclick hosters.
Then a small number of domains I use for hosting little blogs.
I tried it with a vpn as well at a time where I think I was suffering a little under paranoia.
That's about it, so most stuff I buy is online stuff.

It takes what it always takes for a price increase: The supply of bitcoin must decrease or the demand increase, or both together.
That could be reached with a growth of the bitcoin community. More people here who want to buy coins leads to both of the above.
Or a big investor enters bitcoin and buys. Then the supply decreases as well.