It's interesting that your teachers did not know about it.

Bitcoin really is a popular subject for a thesis in economics and finances, even math. They must have been living under a rock for the last few years

Anyway, good job on getting them engaged and spreading the word!

That 9000 is a speculation. I've posted about it in that thread. Coins being moved from one address to another doesn't have to indicate selling and even if they got that one right a whale sale doesn't mean the end of the bull market. It ust means he needed fiat or maybe he's buying something else like ETH.



I Consider myself a strong hand and I also believe this is going to be another halving effect with a bull market top within the next 2 years.

If crypto really followed the stock market in the Spring crash and it was all covid-related then it's going to continue going up.

Cryptocurrenceis went against all odds and recovered pretty good especially when compared to the prices we had last year when there was no pandemic and no stock market crash and we still were lower than we are today.

Altcoins more popular than Bitcoin? I don't think it will ever happen.

The only way in which Bitcoin could lose its dominance is if it died or had a critical flaw. If it happened the whole market would take a huge dive and possibly all cryptocurrencies would be abandoned as investors become discouraged.

You'd need a dark swan event for altcoins to take over.

You can believe in Bitcoin or not OP.

Option 1 - believer. You price your domans according to today's prices and if Bitcoin takes a small dive like 10% you don't care and keep holding. If it takes a big dive you adjust the prices.

Option 2 - non-believer. Use a payment processor to transact for you and sell your coins for fiat every time someone makes a purchase. Adjust prices daily.

The points that prevent OP from using Bitcoin are completely irrelevant for me.

I have to pay for my card each month so it's not like I'm making money with it.
I also don't live in the US so US laws don't concern me. In the EU we don't have especially high Bitcoin taxation. It's either taxed lower than fiat money or on the same level.

The only thing that stops me from using Bitcoin to buy things is lack of acceptance. I can use amazon via payment processors but that's online shopping. I can't buy things in stores.

Thanks for sharing. Now we know you condone stealing.

Isn't that what taking a loan and not paying it back is?

Debt doesn't expire if the execution is in progress. Do you believe that if you had millions in debt to some private company they wouldn't keep going after you 10 years from now? It would be cheaper for them to keep suing you than letting it go and you wouldn't be able to get a normal job or buy a house.

I find Bitcoin discussion to be interesting because it's full of random threads like news and personal opinions. It's a great place for newbies to contribute because you don't need a lot of knowledge or exeperience to participate in a thread but the threads aren't completely useless like so many discussions in the altcoin section or off-topic.

There are places where you gather knowledge and there are places where you share your opinions. Both are equally important on every forum. If you just want to learn you can read news outlets or watch yt videos. Forum is all about contribution even if you miss the point from time to time. After all we learn on our mistakes.

Before it goes through your body and emerges from the rear end it has to go through the mouth first and that sensation is what people are willing to pay big money for.

I like when a good sip of nice wine or brandy leaves an aftertaste in my mouth and warms up my body. I wouldn't mind spending coins on one of the pleasures of life like alcohol, cofee, or well made meat, especially that unhealthy red one  

If you really want NEO then buy it afor short term and observe.

I wouldn't touch it because there's nothing in this coin that's amazing. It hasn't achieved anything significant and is not run by people I'd trust with my money. Not a scam but nothing special either.

Remember that if you buy now you're quite possibly buying a double top.

It doesn't look like a temporary pump but rather a push towards the last ATH at 20 thousand. The bear market has to end at some point and all signs are showing that this run after the halving was a normal price action: last sell off before the halving followed by a bull market characterized by increase in the mining power and volume spike on exchanges.

I'm quite confident that those who bought at 3000 USD were the lucky ones. If we ever see such levels again it will be in the next big bear market after the new ATH.

^^^
Agree. He wasn't even paid to shill. He's a board member and has a stake in the project which is known to public so he's promoting his own project. It's not even shilling. Shilling is when you act like you're not involved and don't have a stake in it and are interested to buy, find it an attractive investment.

He's proven to be untrustworthy because he, just like McAfee and many others, will do whatever is profitable for them at the moment.
Most politicians act this way.

You probably see it going mainstream as becoming an official currency of a country or one of the big reserve currencies.

For me bitcoin going mainstream would be the moment when I could go to a grocery store and pay with it instead of doing it with my card or cash. The moment you can do without a card as long as you have a phone with a bitcoin wallet with you is the moment it goes mainstream.

So in short this general is saying that if 9000 Bitcoins entered a wallet in 2018 and lef the wallet now it means those coins were purchased back then and sold now.
I can think of several other ways to produce the same outcome. How many of us changed wallets and sent coins from a centralized walletor a web wallet to a desktop or hardware wallet? Did he really send it to an exchange and sell everything?

You can see alt this speculation is for the sake of making big news. We dropped from 12 thousand so it had to be a whale selling - let's find a wallet that moved coins at  that time and tweet about it.

So what's the difference between a stock trading addiction and cryptocurrency trading addiction? Is there even any?

Why are they trying to open a crypto specific rehab? Probably because they think a lot of people got rich trading crypto and rich people will pay more. They could go to a normal rehab the same one the stock traders or computer game addicts use but no. There's a special expensive rehab for crazy millenials waiting for them.

The concept of passive income is popular because all of us would like to have something from nothing. Just put some money in the bank and live from profits but it's not that easy!

To take profit you need to own something that other people want. A stakable coin is so volatile that you can buy it one day and start staking and a month later it will lose value and you will lose your staking income and your investment.

At this point it's still too risky. If a big coin like BTC or ETH switched to PoS it could work but shitcoins with PoS will be shitcoins that produce promises instead of income.

It used to be because people wanted an alternative to Bitcoin that could be mined with different hardware so they developped scrypt mining.

Now there's so many altcoins that the importance of LTC has disappeared.

Personally I stopped caring 3 years ago when LTC founder sold his coins.

Statistically it is relevant.

How many people in their 80s are tech savvy? How many in their 90s? Probably 1% or less.

How many people in the age of 20 are tech savvy? 30%? maybe more?

Probably dumb. Go to any IT office and you'll see passwords and logins all over the place. Written on pieces of paper, stickers attatched to monitors. Often workstations have some easy passwords with numbers and the logins are first names of employees.

Security in 90% of corporations sucks. They have key cards for every door and security in the building but computers have minimal protection.

Doesn't mean that Elon will help it pump. Saying you like something without really being an investor is not worth much.

Anyway, I like doge. It has much more value to it than shitcoins like BSV despite the price of BSV being higher. Price has not much to do with value or utility.