Bitcoin can be good as a fiat currency we have right now. It can buy good and services. It serves as a digital currency in this digital generation. It can be good because bitcoin can be exchange for alt coin which you can buy services and good or you  can exchange alt coins for bitcoin. The only difference of it to the fiat currency we have right now is that it is decentralized, the community itself is the one who facilitates and promote and I think bitcoin is good for buying goods and service but for me I prefer that tangible money over bitcoin for now because bitcoin is still on it development stage.

Before investing in ICO, investor should research about the team. Also investor should carefully examine whether the project can be profitable. Reading the whitepaper of the said ICO is one precautionary measure in order to prevent fraud. Also try to invest in bitcoin and Ethereum. Try to avoid investing ICO, but there also legit ICO. So keep researching and reading whitepapers.

In my opinion it is possible that eth may outperform bitcoin but it will take time like 5 to 10 years. Eth right now is widely accepted in cryptoworld. Eth is more convenient to use rather than bitcoin itself because of the transaction time. Bitcoin started like ethereum in its first 5 years so for now ethereum has a high potential that it may overpass and outperform for the next 5 to 10 years.

Sometimes I follow what the politician says about cryptocurrency because it may affect the market through their word of mouth. Politicians or the media has a major factor of the growth or decay of bitcoins value. Also try to follow politicians who have knowledge not only in bitcoin but in finance and economics. Many politicians today are voted by people because theyre just famous and influential. So, to summarize all we should follow politicians who have a direct knowledge on economics and finance.

For me, we should take this opportunity that bitcoin has low value right now. Instead of panic selling, we should buy more to earn more money and profit more. We shouldn't be afraid in this time of crisis. In fact, we should be glad because at this time because we can profit more money. In cryptoworld this crisis is normal. There are many factors why bitcoin faces a crisis right now. Just keep holding and bitcoin will comeback. Always remember bitcoin always came back after it faces crisis.

I think this is temporary because of decreased profitability of the ICO, thus many investor dont want to invest on ICO. Also it is affected by the google crypto ads ban. Hoping all the coins recover after this situation, just keep your trust on ethreum. It will recover soon.

One of the most reliable source is of course the this bitcointalk forum. All the post here are moderated by higher ranks which mean that all the post are reviewed by moderator who has a lot of knowledge on cryptoworld. I dont think social media can be reliable for me because many of those crypto account just want to make a non sense post but if you find one that caught your attention and found it on social media try double checking it on google and this forum.

I dont think thats a wise move. You better study bitcoin before investing or gambling one your essential needs. Bitcoin is very risky invesment. Dont make bitcoin as your primary source of income. Better to study first, research, seek advice on experts before making decision. Dont bet all what you right now. Think twice before doing such move. It might work IF bitcoin value goes up. Better to play safe than to say sorry.

No it would not to continue to go down, eventually it will comeback after a month. One should consider that in cryptoworld, this pull back is normal. Instead of thinking that a pullback is negative, think it as an oppurtunity for everyone to invest more because cheaper value of bitcoin has higher potential of profit. After a month, your money will double. Just hold and youll see how bitcoin work for you.

Yes there is always a possibility for another cryptocurrency to get the crown like the ethereum. But for now eth is so far from bitcoin. We cant tell right now, who knows? We are just in the early stage of crypto. There are many high potential altcoins to take the crown in bitcoin. But for now i think nothing can outperform bitcoin, i think in the near future there will be a transition on crown.

Basically, there is no way to get back your money after you invest. I suggest, before you invest in such ICO you study first where you want to join, read whitepaper, try to contact the team where you invest your money, search about project etc. one should research and study crypto before engaging one. Now you already learned your mistakes. Also try to ask people here in forum, that is the reason why this forum is made, to help the community understand crypto and discuss ideas.

It is worth spending money and time because a earn a lot of money with just little money but first I face the risk, always remember that you wont win in a game without taking the risk. Sometimes I spend more time in bitcoin rather than my social and game media. Bitcoin will wont last long so I highly suggest to invest. I think it will go to peak value before it crashed, so invest now till u have chance and opputurnity.

Yes eth is good right now. I think it will outperform bitcoin in the near future but it will take time because of the fraud/scam ICO. Now is the time to buy eth because it is cheaper and it will grow its value soon. Eth is a good invesment for me rather than bitcoin. I still belive that someday the "Flippening" will happen. Hoping that eth will take over the bitcoin someday.

It doesnt affect that much on cryptoworld. They did it because some people who invest in crypto doesnt have a knowledge. They fight scam for beginners and to prevent fraud in crypto. It doesnt make abbig difference to business who uses crypto. There are many ways to advertise crypto via telegram, forum, chat room etc.

I dont think that bitcoin will replace gold. In my opinion soon bitcoin value will stabilize and we will experience and great pullback on bitcoin's value after all the bitcoin are mined. Gold is tangible wherein you can buy or sell it personally with no scam (except for fake gold). Bitcoin's value today is like gold but i dont think it will replace the what we know gold. It has different value depending on how we use it.

One of the major factor why increasing or decreasing value of bitcoin is the supply and demand of the community. Second is the regulation enforced by the goverment for example japan legitimates bitcoin in some stores thus making bitcoin more in demand. Also the media take part of the bitcoin value that garners positive or negative publicity.

I dont think bitcoin will increase its value forever. It will follow the supply and demand law. Bitcoin is like a stock market but it is more risky than those on stock market but you may gain a higher profit on this. It will always fluctuate as we experiencing right now but it wont go low as much as $100 per bitcoin because there are many number holders of bitcoin value than exchanging or trading for pursue in money. I think it will not increase forever but soon it will stabilize its value

If you invest in a fake ico or bounty, you cant get anywhere. You cant get back your money anymore. One thing you could do is to just prevent it. One should read the whitepaper where he/she wanted to join. The whitepaper almost tell the ICO if its fake or not. Also try to report the account who is running the ICO in this forum.

Of course I always read the whitepaper before joining ICO or investing in ICO. Whitepaper is a reference where an ICO or where you currently investing has a potential to have a profit. It is essential for me to read first the whitepaper. This help me finding a good ICO. Actually whitepaper can also determine whether the ICO is scam or not.

Of course it is possible. This sudden surge price in crypto is normal. I also looking forward that sooner or later that flippening will happen (ethereum takes over bitcoins value). One crucial factor to consider is the politics of the cryptocurrency space. Bitcoin bills itself as a “currency.” This automatically puts it in a position to be in competition with governments who mint their own currencies. And as BTC continues to make traditional currencies more pointless, some governments may want to lash out and crackdown on accordingly.

Resource: https://blockonomi.com/ethereum-price/