It's time to stop calling Bitcoin "new technology". It's 13 years old. And blockchain hype started in 2015, so it has been 7 years since that.


Except blockchain doesn't really work outside of Bitcoin. The point of mining is to synchronize a large and open network of nodes. If it's a small private network, you don't need that. So blockchain minus mining is just a data structure that is append only, which is rather primitive and not desirable in many cases, because it's redundant and doesn't allow changing the data.

1. Bitcoin is an alternative to fiat currency. It's not popular, but it works just like it claims to work - it can't be stopped, transactions can't be reversed or controlled by third parties, etc.

2. Banning is not the same as controlling. China scared off a lot of people from using Bitcoin, especially big services and miners, but they can do absolutely nothing against people who still use Bitcoin in China, so it doesn't count as control.

If money laundering is a major use case and governments will start catching up with it, NFT will become obsolete. Real art sales can be made to look believable, because art does have value, especially if its creator is famous, but NFTs are just unoriginal digital pictures, so it should be suspicious when they are sold for millions. And attracting suspicion is the first step to failing in money laundering.

Bitcoin is nothing like a stock. Stock's price is based on performance of the company, Bitcoin's price is pure speculation. It's not even correct to think of Bitcoin as a stock because it's a "mainstream investment in crypto community", because stocks can be obscure and shady.

Digital gold right now is the best analogy - it shows that Bitcoin is a scarce, resilient store of value.

Reinstalling Windows won't help you in the long run if you don't change your habits. Clipboard malware is pretty tame compared to worst cases - full control over your PC, keylogging your passwords, stealing private keys from memory, etc. You need to have your wallet in an isolated environment - a cold storage or a hardware wallet or a system like Qubes OS, and you need to stop getting your offline machine infected - use open source alternatives instead of pirating software or downloading it from shady links and don't download anything from unverified sources at all.

Just because two events happen at the same time, doesn't mean they are connected. It's especially true for BTC, lots of things happen in the world every day, you can't just take whatever is the most popular in the news and say that it causes BTC price change.

And how about a simple explanation - BTC dropped a bit because it had a big upside movement before that, so it was a time for correction after the rocket ran out of fuel.

$5 per day can be very little or quite a lot, depending on where you live and your income. Think about Bitcoin and altcoins as S&P 500 vs penny stocks - an individual penny stock can easily outperform the more solid stocks in a certain timeframe, but no one really knows which penny stock or which altcoin is going to pump, and on average such investments perform quite purely. It might be tempting to think that you are an expert trader and can find the mythical "good project" that will make you rich quick, but that's exactly what pump&dumpers want you to think.

How can Bitcoin's share of emissions can be higher than its share of energy consumption if energy production is just a part of global emissions?

I wouldn't say that Bitcoin mining is exactly harmless for environment, but there's nothing about it inherently harmful, unlike with agriculture or construction - it's just a problem that electricity is still quite dirty, but this is changing quite fast.

You can take a public API like coingecko or coinmarketcap, fetch daily prices for a given period and find average as well as median and mode. They provide market data for thousands of coins/tokens and each of them is paired against 50+ currencies. Of course you will need to write a bit of code, but it's like a 20 minute task or so.

If Satoshi wanted to profit from his invention, he would do it a long time ago already. As far as we know, he didn't sell any of his coins yet.

And I doubt that Satoshi can patent blockchain even if he wanted to. Bitcoin is open source and free software, so any products delivered from it fully belong to the creators.

This "problem" is not unique to Bitcoin, that's how cryptography works, there can't be any "remind me your key" features, because it would mean that hackers would use them to break the crypto system. If you're scared about losing your keys, put a backup in a bank deposit box, and/or give a backup to a person that you really trust. Or use a custodial wallet if the above isn't an option, even though it's against the principles of Bitcoin, but it to some extent solves your problem.

Just put aside the amount that you will not touch anytime soon. Bitcoin is still quite volatile, price drops can and will occur. The worst case is you will be forced to sell at a loss to cover your needs, so make sure that it doesn't happen. It's also not a good idea to go all in on Bitcoin, or really any asset, with the money that you can spare for investment. Just don't hedge into altcoins, because that's a newbie trap - better invest in some traditional assets instead.

I like this idea. Play-to-earn should really be called what it is - a microearning task, and everyone should realize that microearnings aren't worth anyone's time, not only because of tiny payment for hours of repetitive tasks, but also because there's no career growth in microearnings and no job security. Microearnings should be left only to the most uneducated and poor people on the planet, and something tells me that if someone can find this forum and knows English well enough to read it, they can already find much better job opportunities.

This is a very dangerous thinking, just because you believe in some coin, doesn't mean it will go up. There's 17 thousand coins and tokens, and only a tiny minority of them do huge bull runs. Investing is garbage coins hoping to win big and fast is really no different from gambling, and the key characteristic of gambling is that you statistically can't profit from it.

It's not a good PR for Bitcoin community to associate itself with one part of a highly polarized environment. Left vs right, republicans vs democrats, pro-vax vs anti-vax, etc. The other side will view Bitcoin community as a part of their opponents, seriously limiting the room for potential adoption. And it's not like whomever you support is going to like or appreciate Bitcoin. Remember how some people were calling Obama a socialist and were saying that Trump will embrace Bitcoin? And then Trump started spewing FUD because he got scared that Bitcoin is a competition for USD.

Remember how the US assassinated an Iranian general, the Internet was posting WW3 memes, Bitcoin community was saying "this is good for Bitcoin" and then nothing happened? If there will be an escalation, which is a very big IF, it would be limited to a few regions of Ukraine, likely those that are already at war; there will be some light sanctions to let the West save the face, so no real consequences for the global economy and no consequences for Bitcoin.

Bitcoin's scalability, even with Lightning Network, is a major theoretical obstacle for allowing Bitcoin to replace fiat. We witness fees spike to $40 when there's a lot of trading activity, now imagine if every person in the world with a bank account tried to open an LN channel.

Second problem is volatility - it makes Bitcoin impractical for use as medium of exchange, it's too risky. No merchant would want to receive currency that can randomly lose 10% of its value - it means they would need to instantly convert BTC to fiat, which means using proxies and pay fees.

There are also minor problems like high computer literacy requirements (being your own bank is a huge responsibility). Or lack of adoption - it's inconvenient to look for merchants that accept Bitcoin when you can spend less time and effort to pay with fiat.

Bitcoin is good as a store of value, it's also good as a currency when you know exactly what you're doing to avoid mistakes, but it's unsuitable for regular use by the general population, so it's wrong to say that Bitcoin is a better currency.

IMO it's a pointless question. First, you're asking it on a Bitcoin forum, naturally a lot of users here will say yes and "bitcoin to the moon". Second, you can only know what is the best investment in hindsight, otherwise anyone with such knowledge would be a billionaire just from trading.

Bitcoin has shown a great performance in the past. Many believe it will keep showing great performance still.

People who have jobs, lol


They should come from people who buy in-game items. But if everyone wants only to earn, this model is not sustainable.


What does PVP has to do with it? The implementation of a game is irrelevant, it can be anything - an MMO, a puzzle game, a shooter, a card game, whatever - the only thing that needs to happen is people spending enough money on the game. Which they don't want to, because all those play to earn games suck as games. Remove the "earn" part and no one would be playing them.

They have no future. Play to earn model is unsustainable if everyone is trying to earn and no one is putting real money in, and no one is going to put real money into such low effort products. And the companies that make AAA games are perfectly fine with their profit model, they report record sales almost each year, they would be nuts to implement any of that blockchain crap, considering the overwhelming negative response from gaming community every time someone tries to introduce NFTs.