A percentage divide would always exist with the more wealthy filling up the higher percentage holders. The ration could be:

• 1% - 99%
• 10% - 95%
• 20% - 80%

But the reality is there would be an uneven distribution of an asset between the wealthy and the masses.

---

The depth of an investor's pocket determines how much Bitcoin they can purchase or mining equipment they acquire, effectively meaning that wealthy individuals would own more of Bitcoin and with time the divide would widen. You can choose not to sell yours to the whales and hodl through, there would be others that will.
 
Take a look at the early days of Bitcoin and you notice something curious, early birds who adopted it early, started mining and investing early would have a chunk of Bitcoins now, without being particularly wealthy at the time. Would you classify them to be among the 1% or the 99%?

- Jay -

There was a hidden meaning in the quoted post which was suggesting that you use the search option before making a post, this would show you if that content has been discussed many times before on different threads and may not call for a new one.

The search option is not to difficult to use and you can get a hang of it very quickly. This is a guide from tranthidung^[1] on searching effectively.

[1] https://bitcointalk.org/index.php?topic=5276341.0

- Jay -

As suggested, you do not walk into trading and request for trading strategies which you can apply to your own trades. As a beginner who wants to learn, you need to do research on what trading strategies are, how they are applied and which would work best for you. Following this steps, you are not copying someone else's style, but actually discovering your own trading style.

Do some rudimentary research, get some background knowledge and then build on that.

- Jay -

It does not pose any security risk, at most it is a privacy risk. No one is going to break into your wallet by sending you dust bitcoins.
As Charles-Tim pointed out, if you receive the dust coins and create a transaction later with the dust as part of the inputs the attacker can link up all your addresses which has UTXOs in that transaction.

I thought dust coins use the minimum sendable amount of bitcoin and if you try to send some of your other inputs would go in as transaction fees or change.

- Jay -

This 14 day window is unrelated to the space in the mempool. By default, unconfirmed transactions transactions are dropped from the memory pool of nodes, it could be earlier or later for different nodes depending on their configuration. But when majority of nodes no longer have it on their mempool, it is best to rebroadcast it.

This is different from what bitmover is talking about. If a node exceeds their memory space (300mb by default) they can drop low fee transactions to free up space and include higher priority transactions (based on weight), even though those low fee transactions have not lasted close to 14 days unconfirmed.

- Jay -

It is difficult to keep up with the Bitcoin purchases of Microstrategy, just last week they totaled their recent purchases to make up their total holding of 138,955 BTC. And now could not resist the urge to round up that figure to 140,000BTC.

It is also great that they are not selling any at all, but applying the business model of using their deposits as collateral to take out spendable loans that they can repay at a later time and still retain their Bitcoins holding.
This way they do not simply tie up their cash in Bitcoin but can still have money to fund their activities.

It can impact the sentiment of Bitcoin holders positively. The price change before the tweet could have been just a coincidence.

- Jay -

The forum used to auction ad slots^[1] which appears in the signature space of members, so that used to be a use of signature slots.

Members can also display anything on their signatures and avatars as long as it does not break the rules. You can have a personal text and avatar picture of your choosing (if you are a full member or higher) or advertise for a paid or charity campaign.
Personal texts to me are the most personal of the options.

[1] https://bitcointalk.org/index.php?topic=5407725.msg60976136#msg60976136

- Jay -

To be clear, for every $1,000,000 you bank receives in deposits, they are required to keep 10% of it in reserves and have $900,000 to play with in loans to other customers. The banks can recreate this with all customers creating loan amounts from thin air while the balance sheet of the customers remain unchanged.

Some economic boom could create a situation where more people are borrowing than they are depositing, any change in this would create a bank run and their sheets would be unbalanced like it was in 2008, and then they get bailed out with more money from thin air.

- Jay -

... then you are probably playing a zero sum game and wasting your time too.
The market is volatile, we can convince ourselves all we want but there is no guarantee when it comes to trying to predict the market.
 
When using dollar cost averaging you can increase or decrease the amounts of your purchase in response to a decrease or increase in the price respectively, but still keep the purchases at regular intervals. I rather do this than wait for a determined time to go all in at once.

- Jay -

Practice makes perfect, or brings improvement. To control your emotions you would need to master them and learn how to suppress them in different situations. This is a reason one tries out demo trading before going live, there is not much emotions when you are demo trading cause nothing is at stake, but you get to see possibilities that can play out if you stick to your plan, so when you stake an amount, you know what to expect.

Also trade within your means. As with investing you only need to risk spare money that would not evoke too much emotions.

- Jay -

If banks mess their job up it affects all holders of fiat. Economic crisis are usually results of poor actions made by banks.

Keeping fiat in our homes away from banks would not be a solution, you still deal with inflation and now have to safely store as much amount of cash that you own and prevent it from getting damaged.
You need several bags to hold $15,000 worth of cash, the lower the national currency, the higher the bags you would need. You only need a hardware wallet not much bigger than a USB stick to hold as much as $15,000 (or any amount) in Bitcoin.

- Jay -

Thank you for the merit boost Ratimov, it really came as a pleasant surprise, and I was pretty certain it was none of TryNinja's April fool prank.
You are doing a great work helping other forum members to scale through the ranks.

- Jay -

Mempool^[1] or memory pool is the storage of all unconfirmed transactions on the bitcoin network.
You can check the mempool depth to know how much fees to use for your transaction to get confirmed in a reasonable amount of time. This would show as xxmb from the mempool tip, telling you that your transaction would be completed after xxmb has been cleared from the pool.

Each node has their own mempool with transactions they have validated and can chose their desired configuration.

---

Candidate block is each individuals miner's block of unconfirmed transactions. They still need to compete with other miners (who have their candidate blocks) to solve the puzzle and confirm the next valid block which would be transmitted to all nodes.

[1] https://jochen-hoenicke.de/queue/#BTC,24h,weight

- Jay -

This would require the malicious entity sending transactions back and forth between their wallets, this would be costing them transaction fees to keep up with the large number of transactions and also reducing their privacy by exposing their different addresses.

What is the end goal of this?
All I can think of is that they are miners and clog the network to push up fees which would be paid to them. But that is a huge risk to take with no assurance to get the next block.
Could it just be anti-bitcoin organizations who just want to slow up the network? This would have little effect and the network would clear up in no time too.

- Jay -

The main purpose banks are useful is cause governments make them authoritative financial establishments.
There are many alternative assets one can use to huge amounts of money than stashing it away at a bank account to be eaten away by inflation as the printing machines work round the clock. One of such alternatives is Bitcoin.

For daily transactions, you do not need more than a couple hundred dollars at a time.

- Jay -

Banks are made out to be an essential service for the benefit of society similar to other basic amenities we use to get through our needs, but in reality banks are businesses and we are the profit, meaning we exist and patronize the banks to make money for them.

Let's take a look at some of the ways banks make money^[1],

Banks want you to trust them enough to keep your money with them in the promise to safeguard it for you and would even offer you an interest to keep it, while they use your money to make even more money.
They convince you that you are protected by fractional reserves for any incidence that occurs, but banks can still fail to balance their sheets between your money that they took in and the amount they lent out, leading to a bank failure:
In the event of this they would bail out the banks with more money, making you poorer by increasing the money in circulation, until the economy can take no more.

---

In addition to loaning your money out the banks charge you for the services they provide and in some cases do not provide for you.
With overdraft fees, the banks could encourage you to spend above your limit so as to charge you the fees and can even manipulate the transaction history to rob you milk out more money from you^[2].

---

Banks are designed to profit at your expense, through legitimate or even fraudulent ways, and with the protection provided for them, they can fail multiple times and would be bailed out, to ensure you continue to trust their services and keep your money with them.

Do not be part of the fiat rat race, use BTC.

[1] https://www.msn.com/en-xl/money/personalfinance/how-do-banks-make-money/
[2] https://www.motherjones.com/kevin-drum/2009/07/overdraft-scam/

- Jay -

This is true, there is only so much a strong economy can take. In their board rooms they must be thinking that they would not get to make an infinite amount of such decisions and have enough time to undo whatever damage is done now.
"Hopefully, we stumble on some purple patch and the economy bounces strong, and all would be forgotten"

- Jay -

It takes a lot of effort to prove you are not be a spammer.

I can take a wild guess that your stress would be gone in a few hours and we can all spam with no judgement.

- Jay -

Was anyone really expecting that? Two different countries with two different economies would not have the same result even if they perform the same actions, here we have different actions with the Zimbabwe situation and that of the U.S.A.
The U.S might be making brain dead decisions, but its economy can accommodate lots of such before it sinks into hyper inflation.

They want to police the world so there is no one left to police them.

That would even be an unequal equivalent. One is being pushed into circulation from thin air and the other is already mined and just coming back into circulation after staying dormant.

- Jay -

Investing in Bitcoin was worth it anytime within the past ten years.

If you look beyond the price analysis and potential for a bull-run, the fundamentals of bitcoin are what pushes the price. The halving controls the supply and keeps the demand relatively higher, tilting the trader sentiment towards the bullish pointer. The other qualities bitcoin has makes it a valuable investment even during a bear market.

- Jay -