The "blue chips" in crypto market are those on top 10 coin marketcap: https://coinmarketcap.com/coins/views/all/

P2P are usually more expensive, you need to consider demand is higher than offer, if it is banned it means less liquidity meaning offer even lower than normal so higher spreads. The higher the liquidity and lower spreads, more offer than you get it cheaper.

I think there is some people indicating the acceptance of altcoins on localbitcoin but it is not highly integrated into the system. Anyway it would be a very good blockchain project to have this for the community !

Bitcoin compete with fiat, the crypto currencies all compete with fiat. Basically it is all vs fiat

You should only hate fiat, all crypto currencies are on the same boat against fiat !

They will always be an altcoin, miners have an incentive but it halves periodically and altcoin competition for miners will settle the market on PoW based currencies

The $100 dump looks non existent, but the volumes are so high that graphic got mixed

That's really great news !!

There is still time until the fork

They will give you not ETH but their own Coin/Token/Currency in a way proportional to how many ETH you have on your ETH address, so they need your address to check your balance. But Airdrops are not tiered with ETH or Bitcoin, it could happen with any crypto currency/token/coin !!

I would say 1 Satoshi, the 100 million part of a full Bitcoin would value one dollar by the end of the mining period. Soon Bitcoin will be rated in Satoshi because of it's huge valuation !

It shall hit that big at the next hardfork on November 2017. Almost there !!

The problem with Gov coins is that it can only work with some sort of centralization, and that is the opposite feature of crypto currency where it is by design decentralized. But a digital currency would enable Govs to bring in some features of crypto to the fiat system and this way somehow discourage use of not recognized crypto currencies.

You can view Bubble as the 5 wave of the Elliot wave principle, https://en.wikipedia.org/wiki/Elliott_wave_principle , when the market is about to reverse and start the dump period:


But Bitcoin is just on it's infancy on Wave 1:


But some would disagree with this view because Bitcoin has limited supply and anti-inflationary properties but in the end if supply is limited demand is unknown so Elliot waves principle could be applied !

The volatility of the past has minor representation on the future where appreciation is expected so the only wise option you are free to take on a HODL strategy is to buy immediately and keep buying, nothing more ! Best wishes !!

Money always flow to where Interest Rate is lower so a Rise will move money away from fiat into bitcoin and makes it more valuable. But for regular market in fiat there is a drop in liquidity and decrease in valuation making it flow again to better options like foreign markets and crypto exchanges

Because of uncertainty, volatility, risks bitcoin keep flowing in and out but since it is valuating more than depreciating the money flowing in is way more than out, at the same time that if nobody was selling bitcoin it's value would sky rocket by lack of liquidity and huge spreads. So yes, people sell bitcoins because there is some source of influence making people do it, it may be emotionally or backed by some reasoning and this is why markets are always bull or bear, pump or dump !

You can use almost any tool for criminal purposes. What if we ban knifes from being produced because someone can use it to kill people, what about the majority of people that use and needs knifes just to prepare his meal ? Some consensus must be reached and that consensus is that majority cannot pay for the minority doing bad !

Newbies needs a lot of simulation to gain experience without losing all his precious money, look for platforms where you can trade with "fictional" money to gain some experience and trade for real with very very very low values. For bigger values don't trade, just buy some "Blue chip" like Bitcoin and HODL it like forever. If you are not going to be a professional trader, don't trade just HODL!

Keep in mind that 99.9999% of very very experience traders lose completely all his money at stake, and almost all trading firms has closed or are closing, so a Newbie will be really challenged to the maximum.

Every system has his "Era" and them the bubble burst and a new "Era" comes with new players, so Yes, you have both, but currently the bubble bursting is the old IPO, and the bank system and the one just at start is the Crypto system and blockchains.