I know it and I have to say that I couldn't care less. First and foremost, they aren't attacking me personally. I don't feel obliged to defend Bitcoin from them, they can do what they want and it only makes them look stupid. The market will verify every single claim they make.
It's always important to have your own opinion and not try to fit in at all cost. My father was a great example of a naysayer. Every time I told him about my plans his answer was "don't do it, you'll get hurt" and you know what? After a while I stopped telling him. I kept doing my thing and dealing with consequences. So should you.

If you think loans are cheap you should get one. For me they are not, but it's a matter of perspective I guess. The only purpose of loans in my case is taking one to later pay it with bitcoin profits, so that I can explain to the tax office how I could afford that new house. It was all from a loan, really, no drugs or money laundering here.
Jokes aside, trading with loaned money is never recommended, just like going 20x on leverage.

He talks big how most Bitcoin investors don't know much about it and don't understand it, but he obviously doesn't get it either. It really takes an hour to learn some basic facts about the protocol and understand that we are limited to 21m. It's possible to change it with a fork, but it's not that easy to fork Bitcoin and make people choose the new chain. You can fork it, but without the community behind you you'll be like Roger Ver.
As far as the bubble is concerned, if we look at google, facebook, apple, amazon, tesla, they were all in a massive uptrend that someone could call a bubble. Doesn't mean they will suddenly go to 0.

I'll be honest with you. I probably would. There's a chance it could go higher in this cycle, but we could as well end at 50k in 2021 and enter a bear market for another 2-3 years. I have enough BTC @100k to build a house, start a business, put some money in stocks, help my friends and family with their business. I'd probably do much more in these 3 years with money at hand than I'd be able to do with more money 5 years later when we enter a new bull market.

I always thought there's a difference between a dump and a correction. A correction is within a trend, while a crash or a dump is usually the end of a trend. For instance, in November we had a correction from 19 to 16k but it was all within a bullish trend. In 2019 when a bull run ended on 2014 and kept falling we had a crash or a dump.
The correction will happen for sure but I cannot say at which level. My first guess would be 25k but if we go to 26 then sky is the limit. It could hit 30, it could hit 50.

Armstrong is already acting on those rumors and implementing additional KYC. People who traded for a long time on verified accounts are now asked for the source of their money and their line of work. I have a friend who works for a local exchange (in the EU) and he said that based on the paperwork that's coming to them from the government, he's giving us 2 years tops until they'll be asked for full client verification on all transactions, including face to face. This is so dumb that I can't find words to describe. You can take 10k USD in cash, go to a local currency exchange, throw it on the counter and get an equivalent in EUR within 5 minutes. You do a similar thing with your coins and they'll ask you for an ID and a signature. They might even ask for a source of funds...

The longest was 3 or 4 days back in 2018 when fees exploded. I send a decent fee, but the transaction was heavy, with many inputs, which decreased its priorities. A day later the average fee doubled and my transaction still wasn't confirmed. 2 days later I got worried and discovered a free tx accelerator provided by one of the pools. I had to try many times until my tx got accepted because there was so many requests, you literally had to click 1s after it opened for new requests to make it. Fun times  

1. not really. A 5% volatility we're experiencing nowadays isn't a big thing. I feel like the volatility of fees can be more annoying than the volatility of bitcoin.
2. This problem doesn't exist for me and for anyone willing to take 10 min to learn how to do it. You can go to a nearby ATM and buy there. It's as easy as buying a foreign currency with cash/card.
3. I've been in the space since 2015 and never had a single satoshi hacked or lost. If you cannot copy/paste a string of letters and numbers maybe you shouldn't use electronic banking too?
4. That's why smart people don't hold coins on exchanges. Also, exchanges aren't the only source of coins. You can by p2p, there are f2f exchanges where you can bring cash to an office and get coins sent to your address, you can use an ATM.
5. Guns enable criminals to shoot you. Should we ban gun stores around the world? I couldn't care less that someone somewhere buys drugs with Bitcoin. People do it anonymously with cash every day.
6. Like PayPal? Sure, but those are custodial services. They own your money and if they fuck up you're stuck with support tickets.
7. Just like with cash purchases.
8. Scammers existed when people were paying with gold coins, they existed when they bartered, they will exist in 2050 with bitcoin or without it.

These aren't real cons...

I wish I could go completely bankless, but for now some of my bills can only be paid via a bank, or at a post office with cash, which may be troublesome at times since it's 5km from my house. Despite that, I have at least 200x more money in Bitcoin than I have in the bank. The bank is there only as a backup for things I cannot buy with Bitcoin.

This is to be expected. As the number of coins and their value on the market increases, the volatility decreases. It's a similar situation to adding more sand to an hourglass. The more sand there is the more time will have to pass before it all moves to the other side. With Bitcoin you also have an increasing number of users. The more users you have the longer it will take for them to react to news. When you had all bitcoins in the hands of maybe 1k people (in 2010) a few users could make the price move up and down by 5%. Now you need 100 times more transactions to do the same.

They had some trials but the vaccine was rushed, that's a fact. They knew that the earlier they get it on the market the more money they'll make and avoid competition. There are numerous doctors who say the vaccine was not tested enough and can be dangerous. At the same time some countries are buying it blindly because they don't want to be accused of negligence. Thinking that if others are buying maybe we should is the opposite of smart.

You are right about this. Many countries already begun preparing to go cashless. For instance Sweden went semi-cashless in 2018 reducing cash payments by 40%. They introduced card readers to every public facility, even to public toilets. We can say that cash is a dying breed. What is going to overtake it? What has some of the privacy features of cash while remaining digital? Bitcoin.

I don't agree that it's based on lies. It's based on the current knowledge and interpretation of truth. We describe things the way we see them and this description is often subjective. Take a man describing a woman, compared to a woman doing the same. A man will see the features he wants to see, like if she has some nice curves and will rate her based on how attractive she is. He'll be subjective. A straight woman, who is not attracted, will be more objective.
It's also important to add that teaching the current state of knowledge isn't lying, just as a witness who describes the facts the way he saw them is not lying. He may be wrong, but he can't be called a liar as long as he's honest.  

It's another cash grab if you ask me. The company has not tested the vaccine enough and they admit it can cause infertility. Do you want to be their guinea pigs and pay $40 for the privilege? I don't. I'm not afraid of corona. I'd rather take my chances than willingly expose myself to an untested vaccine. 

In their minds they're not men so of course they'd bitch. I'm just waiting for one of them to have a family member harassed by another trans. For instance, a pedophile can say he's a little girl and join a cheerleading team. To be honest, I'd find it entertaining if I could just say that I feel like a woman and go to sauna and gym locker room with girls. I bet that trans woman wouldn't be too happy if a bunch of guys were sitting in her locker room pretending to be girls.

If the governments are the queens who, as you said, manage the honey, who are the beekeepers?


The problem is, they never even try. All they do is feed you empty promises, take your money and give their chairs away to new feeders. If you agree to 30%, next time they'll ask for 35 and you'll still get nothing in return but a new fighter jet that's full of bugs and a peace mission to some third world country so they can test out their new bullet caliber.

That's a huge achievement. Definitely unbeatable, because times are changing and if anyone starts now they'll be doing it in a different world. Living on Bitcoin in 2018 was much harder than doing the same thing in 2021 is going to be. Congratulations!


If they're traveling in a car like that one from the picture they obviously don't care.

If you bought in this bull run, do the safe thing and sell half, or put it all on a stop loss at 18k or 18.5, depending on how scared you are. If you bought at 15k or below, I'd be bold here and hold it, because there's a 60% chance that we'll have a huge breakout above 20k this week. The price looks like it's about to retest the high because each time it retests it goes higher, which is as bullish as it gets.

30% is a ripoff, but it's also an unwise move by the government. Taxation should be high enough to sustain the basic needs of the central government, but also low enough to discourage evasion and moving abroad. IMO 10-15% tax is close to ideal. 30% is a joke. Poor people will hide their coins and rich people will move abroad to sell.

This is exactly what all those restrictions achieved. People learned that if you report that you feel bad to the doctor, you'll get quarantined for at least 10 days which means you'll miss all your schedules, even if it's only a cold. I have business appointments that were scheduled a month ago, paperwork to fill at certain dates, I need to be able to move around, so if I had flu symptoms right now I wouldn't call the doctor, because I know that I can cure it myself and still be able to work. Also one sick person in the house usually means quarantine for the whole family, and then 2 days later you feel good again, but you're all locked up for another week with the police calling you, asking to take a selfie... fuck that.