A lot has happened this year especially with the Bitcoin price on the market. Apparently, it appears that Bitcoin is preparing for another massive bull surge, perhaps by the end of the year. A lot of predictions have from crypto experts and we hope to it turns out to be another giant leap price record for Bitcoin.

2018 hasn't been a favourable year for the crypto market in general. Bitcoin in particular has constantly been falling in price.

Blockchain's survival without Bitcoin will not be easy at all because Bitcoin serves as a strong hold for the Blockchain technology. People have trust and confidence in Bitcoin, hence the absence of Bitcoin will lead to withdrawal of many investors which can cause a massive dip in the crypto market volume.

The Bitcoin Blockchain was designed to make the Blockchain cling to Bitcoin: so it falls without it. This shouldn't be the case beacise Blockchain is the technology that makes bitcoin unique.
However many will agree with me that the Ethereum Blockchain set an industrial standard such that it allows all industrial sectors to use the Blockchain technology.
This creates some form of autonomy for the Blockchain.

I woke up today to my uttermost surprise that the King Kong of all cryptocurrencies has fallen below $6000. Crypto analyst and expert, Luis Carranza, has tweeted that Bitcoin can bottom down to $2500. What are your views on this? Will it continue to fall or it will bounce back?

The market of Bitcoin has reached a level where I think predictions and speculations don't matter anymore. Most of the predictions are manipulative.
At this point it is clear that the price of Bitcoin wouldn't rise like it did last year but I'm not sure that it'll fall that sharp to $2.5k

From what I have read, money as one major difference from currency. Real money functions to serve as a store of value , currency does not.
Other than that money has all the functionality of currency.
IE: fiat currency ... is really just that, currency. Due to inflation its not a store of value.
Gold, on the other hand is considered money because it has a store of value, it nearly always stands to correct the current inflation status of any given nations currency.

Bitcoin definitely functions as currency, but as far as being a reliable store of value... well time will tell. Sure, it easily can and is designed w/ that aspect in mind, but its so new that it cannot be judged for its store of value 'status'.
Bitcoin's ultimate store of value worthiness will be determined by the demand for its utility to function as insanely an insanely effeciency currency system. So far, that demand lies only w/ nerds & geeks & believers of that system. It needs to reach average joe demand and thats not gonna happen for quite some time ... if ever...

The definitions stated here makes a lot of sense. Whatever that is considered a currency is subject to inflation and it is not a store of value. For this reasons it cannot be considered as money.

Bitcoin has stayed on number one since its inception amidst the several alt coins being minted each and every day. It appears Bitcoin has no competitor but that is not the case. Bitcoin has a direct competitor on the market which is Ethereum. Anyway, it will take an incredible technology induction to the Ethereum Blockchain in order to surpass Bitcoin.

Ethereum is a big competitor of Bitcoin. Although the price difference between the coin is very huge, Ethereum has the potential to rise like Bitcoin.
Considering the state of the Ethereum Blockchain and its smart contract, it is gaining a lot recognition. Ethereum is as useful as Bitcoin though their value is not the same.

People have failed to predict Bitcoin and now they're afraid because they can't predict and are loosing their hope.
People are too focused on the investing part of Bitcoin and have failed to recognise it as a currency. This makes them think that as the prices fall that'll be the end of Bitcoin but they ignore the technology, and other advantages of Bitcoin as a currency.

It depends on what reason you're choosing an ICO.  If you're choosing one to invest in then you have most of the key points there.  Bounties are another matter, but a project with a good bounty will attract more investors as well so I guess they're kind of linked.  The biggest thing for me is the amount of coins they allocate towards their bounty, though.  I've seen some as high as 6% of their total coins, though the average is closer to 1-2% though.  If it's any lower, I would avoid them like the plague.  They clearly don't value the people they're paying to promote their product.

It depends on what reason you're choosing an ICO.  If you're choosing one to invest in then you have most of the key points there.  Bounties are another matter, but a project with a good bounty will attract more investors as well so I guess they're kind of linked.  The biggest thing for me is the amount of coins they allocate towards their bounty, though.  I've seen some as high as 6% of their total coins, though the average is closer to 1-2% though.  If it's any lower, I would avoid them like the plague.  They clearly don't value the people they're paying to promote their product.

You've mentioned a very important factor, which us the bounty pool. I believe the goal of every bounty hunter is to earn or get rewards at the end of the bounty. Since the bounty pool determines how much you will get as a bounty hunter, it is very important that you check it out before partipating in the bounty.