we have been seeing somewhat consistent rise for the past few days without much slowing down or stopping to accumulate.

i am expecting some correction before more rise.

but what do you guys think?
what will be the bottom?

the question should be "who cares!"
as franky said, the code is open source and public and the time Satoshi disappeared or better say decided to remain anonymous other developers were working on the code.
and you have to take a look at altcoins, there are thousands of them with hundreds of developers and with features such as more anonymity than bitcoin.

i wonder at what point, bitcoin community stops giving any shit about Craig Wright and his shenanigans about satoshi.
the media milking the story is understandable, they don't care about facts. they just want clickbait and releasing the hottest news that gets the most attention. if you read the first article about him claiming to be satoshi, it is carefully worded to avoid anything that can be technically wrong.
and Craig Wright is using this to his own advantage.

losing is not important, but how you handle that loss is important.

lets say you have bought Dash yesterday at 0.04BTC price and wanted to make profit but price started going down and finally reached 0.03BTC as of today. if you just blindly wait and hope for profit you have already lost in trading and better stop doing it.
but if you start acting more logically and sell at 0.039 for instance to prevent more losses and buy back at the bottom if you still think it can rise.

actually i believe the opposite is true.
when Chinese markets open again, two scenarios are possible.
1. nobody trusts them anymore so they don't even go there to trade. so there is no change in price at all. and Chinese will continue OTC trading as they are doing right now.

2. not much changes about exchanges and regulations they set aren't too intrusive so people go back to exchanges. in that case, the price can skyrocket and we see another rally. because all these people coming back want to start their trading again and join the current ongoing rally.

p.s. worst case scenario (ultimate bottom) is $1000 IMO

it is a terrible idea to waste your time on faucets and claiming the dust because it is waste of your time and you can earn a lot more doing literary anything else.

but if you insist, your method should be in reverse!
meaning you should use something like a web wallet that pays the fees. for example Coinbase or Xapo, to receive all these dusts there. and when you reached a considerable amount after 6-12 months (e.g. 0.1BTC) withdraw to your paper wallet.
that way you don't have to worry about all these dust inputs.

why not make something constructive?
you are already spending your time and money on this, and in the end you are left with something useless that people barely use and if they do, they want to exploit it or use once and never come back.
so instead try to spend that time and money to build a website that offers something that brings people back, is constructive and makes you real amount of money not just dust.

i voted for $1,200 to $1,300 just for fun because we can not possibly tell where price can be on 2 days after the ETF date.

to me, this rally is like the halvening all over again. price is surging without any logical reason and eventually i think we can call it a bubble. and just like the halvening bubble this one will burst too. which is why prices around $1100 is what i have in mind as the bottom.

that is completely wrong!
you can take a look at satoshi addresses, those coins have never moved for more than 8 years and they are secure, as safe as bitcoin gets. so it doesn't make sense at all to say "i have to move it to stay safe"!

and actually by moving it you can put yourself in danger.
imagine having your fund in paper wallet, you will have to make it every time you move funds. and one small mistake is enough to lose all of it.

you are making a lot of mistakes in your questions and answers you are giving yourself!
for example your biggest mistake is thinking there is a difference between altcoins and think there is no difference between bitcoin and them.

you should think of bitcoin as a different world.
and all the altcoins being the same. they are being pump and dumped no matter if they are old or new or have a big or small marketcap.

all the other concepts such as original coin and having development are good but never enough for a trader to make profit.

this would have only been true if we weer back in 2010-2013 not when we are in 2017.
this would have been true if we only had one exchange with 75% of the volume and the rest small exchanges having the rest.
this would have been true if bitcoin marketcap wasn't 20 billion dollars.
this would have been true if daily trading volume was not 400 million dollars.

bubbles happen in all the markets and they burst but when the market is this big the bubble size is smaller and the burst is smaller too because of the massive demand that is available there to buy it back.

for me, this means nothing.
because as far as i am concerned bitcoin defeated gold the day it was created. and i found out about bitcoin late but from the day i knew about bitcoin until today i have been seeing profit, and the amount of profit bitcoin has given me, gold could never do in all the previous years.

it depends on where you are getting your price from. if you are getting it directly from an exchange API service then it is live and the current reliable price of that exchange service which is mostly the same on top exchanges.
but if you are getting it from some third party service such as the wallet you mentioned it can be an average price and also with some delay so you should always expect some kind of difference.

also regardless of bitcoin price, bitcoin profit is >> gold profit as an investment, and that is most people forget when they watch the parity.

the risk involved is not small at all, since this is gambling and you can lose your money in case someone won a big amount in the casino you have invested in.

but if you like, i have had crypto-games.net under observation, it seems to be a good place to invest although i have not yet done it myself.

well technically speaking everybody sells at some point. i sold some yesterday to pay for some stuff for example. but i do that almost every other week and only sell what i need and only do it with the profit that i get from either the jobs that i do or from my trading profit. and the initial investment and the bigger amounts just go to cold storage for 10 years.

if you just want to invite more people to bitcoin then don't expect any profit at all. it should be done out of love for bitcoin and its future.

if you want profit only then it depends on the location and the fact that are people even interested in buying bitcoin physically? and what kind of customer would that attract?! i mean any regular person would just buy on an exchange (online) unless your shop offers better price which i doubt because of the fees that has to be added for profitability.

to be honest the only benefit of "cloud mining" (legit one of course) that i can see is the fact that you don't have to have a physical miner at your home with the sound and all to mine.
everything else such as electric bill, ... all the things OP said are not really benefits. because most of them are in both cases.

but in front of that there are lots of downsides such as paying much more maintenance fees. and worst of all is trusting a third party that can run away at any point. and it already happened way too many times.

the important thing is that they can not stop people from trading bitcoin. check localbitcoins' volume in China if you don't believe me! and if they prohibit that they will just go somewhere else.

and besides there is no reason for banning bitcoin when they can make so much money from the taxes they are going to get after the reopening of exchanges. imagine a second Forex market where government makes more money.

that is what i love and hate about bitcoin
i love the fact that none of the FUD effort that the idiot FUDsters make is effective. it is their time down the drain!
but i hate the fact that i have to see it all the time. every time i open speculation board i see a brand new member created to spread the same copy paste FUD