This sentence was the point where I lost interest in whatever else you had to say.
Really, where do you get these ideas that the majority of bitcoiners think it's some kind of scheme. Or do you mean the majority of people in the world? The majority doesn't know what Bitcoin is. They don't go as far as calling it a scheme.

On one hand it is encouraging, on the other it's a beat scary because the majority usually is wrong when it comes to investing. For instance, the majority was wrong about the 2016 bear market when most people were selling and getting out of crypto, thinking that after Mt.Gox collapse and bans in China, there will never be a new high. I'm holding, like I did last year, but It was actually easier to hold at 10k than it is now when FOMO has started.

2fa can provide decent security but every security system is designed to protect certain value. If you go to a store with safes, you'll see that each of them has security rating. The toughest ones to crack will be the most expensive so you will not want to buy a 10k USD safe to store 10k in it, because it's counterproductive.
The security that coinbase provides is fine for up to maybe 1 BTC, but if you have 20, don't hold it on Coinbase. Get a hardware wallet.

I agree with the above, a bull run may need a catalyst to end but it's not a requirement. Sometimes the reason is simple exhaustion of buyers as more and more decide to take profit. I don't agree with OP that bitconnect caused the end of the 2017 bull market. Bitconnect collapsed on January 17 2018 and Bitcoin was already down to 10k from its peak by the end of December 2017. It might cause the price to fall much faster due to negativity and increased fear, but the bull run has ended long before.

Today's Date: 11/21/2020

Today's Time: 2:41

Current Price: $18,670

Total BTC Needed:  53.56 BTC

This is one of those questions.
Should I pay for a taxi or walk home? Should I date that girl or not? Should I buy a faster or a more comfortable car?
Nobody is going to make a choice for you. Every investor should know if the investment is appealing and worth the risk.
I own bitcoins and I recommend you own it, but don't buy because we told you to.

I had a coinbase account for about 2 years with basic data in the account like name DOB. I think I used it once to fork a few BCH and get some BSV out of it. I also got some money for free from Coinbase for surveys and referrals. Logged in today to check and they're saying my account is going to be partially locked in December if I don't comply with their new verification. They want me to tell them what citizenships I have and this:

Fear&greed index shows only a general market trend and it's not something you could use to know when to sell. For instance, there were instances where the index remained at extreme greed for weeks (2017 bull run). If you sold when it begun to show extreme greed you'd probably sell somewhere at 10k, when it later went to 20.


Yes, becaue with 50% increase in price over a short term, like 5 days, the indicator will naturally go to 80 and above, but that doesn't mean it's the end. It's the same with fear. We used to be in extreme fear 12-10 in March and April of this year.
Another interesting development is happening right now, on the day when we broke to a yearly high of 18700 greed went down from 94 to 86. So greed is dropping while we are pumping. I like it

If I were a new investor I would be afraid to enter now at 19k because there's a 50/50 chance that there will be a dip when we touch 20k or right after. You could try to catch that dip as a newbie wit 0 bitcoins. That said, in the following months the price will most likely break the previous ATH, taking us to 23-25k USD, so until a reversal is confirmed it's a great buying opportunity if you're bold and ready to wait for it.

Another robin hood socialist bastard. Take from the rich and give to the poor is always a good way of buying votes, because in every society there's more poor than rich.
Any idiot who wants to win elections and doesn't have any real business plan can base his whole campaign on socialism, but the problem of socialism is that it sounds great and seems to work at first, but always loses in the long run. Biden is old enough to know that.

Complaining is a way of releasing ones frustration. There's really nothing bad about a little bit of negativity as long as you aren't annoying or boring others to death with it.
As far as covid is concerned, wouldn't you complain if you lost a grandparent to it, because old people are the ones who suffer the most. I don't find shutdowns and restrictions to be a good way of fighting it so I usually criticize them and complain, because I'm pretty healthy and believe that I most likely went through covid without symptoms, like most young people, so I don't see a reason to succumb to government's policies regarding meetups and such.

His attitude was a typical example of fear of the unknown, the same kind that Warren represents. We're going to have so much fun reading about all these people change their mind and admit to being wrong pretty much like JPMorgan's CEO did. Can't blame them really. For old investors who dabbled in centralized fiat-based markets for decades, it's can be hard to understand decentralized systems like Bitcoin.

Pretty much. After confirming a strong bull trend with the break of 14k BTC is drawn to the previous ATH, just like it was in 2017 when it approached 1.1k USD (2013 ATH).
Do you remember what happened then? When we broke 1.1k for the second time, we immediately went to 1.3k. So we had an instant 18% jump in price. Today, if the market acted the same way, we'd go to around 24k and this is what you should expect. Even if you're a trader, selling now would be going against the trend.

With price around 19k USD we can say that we're already there in that 2017 bull run. Personally I don't follow the price as close as many people here. There are days where I don't check it at all, there are some, like today, when I'm curious and want to know if we're at 20k finally. Price only matters if you're planning to sell at certain level. If 20k is your goal, keep watching by all means. For me 20k is just a step in the right direction, definitely not the end of the journey.

Give them a finger and they'll take an arm...
For me it wouldn't be a problem. If I were paying my parent's allowance and heard that it's not enough, I'd give them a choice between keeping it as it is, or sending me all the bills. This would mean that I have to accept things they buy and pay for them, or not.
I find it hard to believe that a grown up would have none of their own money and had to ask me for every penny. I'm not paying for my parents, they have their own money, but if they asked me for help, I'd probably demand access to their bank account first, to see how they're spending money. Usually the problem lies in people's spending habits, not in a total lack of money. I don't know a single person who has 0 money, but I know a lot of gamblers and so called "big spenders" who have a room full of designer clothes, but can't pay the rent.

I agree with others, it's pretty long. I managed to pull through, but next time OP, try to make these a little shorter.
Can you share the results with us? I wonder if people see the realities or are overly bullish/bearish and it clouds their judgement.
Unfortunately Bitcoin isn't a great payment method for buying cheap stuff, but if you're planning to buy a house or a car...

One more thing came to my mind, as OP has pointed that some areas might become colder. If the climate is really getting hotter due to global warming it shouldn't be a problem if trees would make it colder, am I right? Also, do we really need deserts? If some of them became a bit colder thanks too trees and possibly a bit more moist, it wouldn't be so bad, especially when we think of the entire globe. It might make deserts more habitable.

Why are you confused? The market is the same every time and a period of low price is followed by a recovery. We were in the longest bear market in history so people were waiting for things to turn for good. Then we had a series of bullish events like institutions buying, the price looking strong despite the pandemic, PayPal news, the significant resistance of 14k broke, now Trump who wasn't very friendly towards Bitcoin loses the election... It's natural for bitcoin to rally.

What will happen when they build a quantum computer? Nothing because a computer like that has already been built and performed some basic calculations. The problem with quantum technology is that it is yet incompatible with current binary systems. It requires some time consuming processes for the data to be prepared for a quantum machine and back, the results have to be translated back to binary and built into a normal code. It will be years before it threatens Bitcoin and when it does, banking will also be at risk. Encryption is used for more than just Bitcoin.

How are you going to measure the lost amount. AFAIK it's all based on estimations. We don't know how many coins were lost. Even if you assume that coins that weren't moved for the last 8 years must be lost, the same can be said about coins moved last year. There are wallets being lost and recovered every month, so dormant addresses are not an indication of lost coins.
For me the situation with Bitcoin climbing up in the list of assets is completely normal. It's going to go much higher.