And I thought OP's post was going to lead somewhere when it begun with the problems the people are facing in these difficult times, but it had to lead to a conclusion about some monotheistic religion.

I've never trusted PayPal and thought their business model will not survive with the fees they're charging. They somehow became popular and rode on that popularity for a time, but the fees and time it took for them to register money on the account was really bad compared to Bitcoin that allows you to exchange instantly instead of waiting for your money to appear on your centralized paypal account and then be moved to your bank.
They were trying to undermine Bitcoin's position first by attacking it and then trying to push Libra. Now they're opening payments, but it really looks like they're trying to accumulate coins this way. You won't know what they're doing with your coins as long as they're sole holders of your keys.

How are they even able to measure that in USD? Between 2014 and 2017 the price of Bitcoin was jumping between as low as $100 and $20000 so it was 311 million when? In 2017? If so it was only 100 million in 2020... Also, if he was mixing cryptocurrency without even touching USD how can they call it money transmitting? Is RPG gold also money? It's classic abuse of power on their side if you ask me.

You're on point. There can only be a temporary drop of supply. Whatever we call it, it can indeed cause the price to surge and form a bubble. I wouldn't mind a quick 50k USD run up

There are many speculations as to how much of the total supply is lost. If that 10% of all bitcoin is taken out of the mined amount and we subtracted the lost coins, that 10% could double. If we added the mentioned above Bitmex to the mix the number would become even higher. Many people say that centralized exchanges are the weakness of Bitcoin and I tend to agree.

If we'll have an impact it's going to be indirect, which means the election news will hit the stock market first, just like the lockdown did and the stock market will impact bitcoin and bitcoin other cryptocurrencies. Since the election is usually a nervous period, many investors prefer to stay out of the market ready to go back in when it's all over and they know there were no riots or anything like that, I think we'll go up in a few months.

Probably because they're trying to comprehend the technology behind it which doesn't make sense. They don't know what operating system the server of their bank is based on so why do they have to know how blockchain operates to be able to use it? Nowadays sending and receiving BTC can be done by scanning a QR code and entering the pasword that's all it takes to pay someone. If that's hard, the person has to be tech illiterate.

What are they going to invest if they lost their jobs? People who have less money are less eager to invest because investment is a risk. When you have a lot of money or at least a steady source of income you can take a loss, you are not afraid to gamble a bit.
Since the current sutuation is bad for the stock market and stocks influence BTC, I say it's also bad for us. I'd like to see some good counterarguments.

Are you really bored at home? Don't you have hobbies? A girlfriend maybe?
I always had so much to do that I could spend months at home and not run out of things to do (as long as I had some money coming in of course).
I'm still unaffected by this whole shutdown. Yesterday I had some friends come over for a drink. Smart people don't care about the pandemic and continue to live their lives. Worst thing you can do is give up.

What about the holy war? Isn't it the idea of the religion of peace? What about virgins awaiting every dead jihadist?
They want peace through war.


Some support it some condemn it, but the truth is that no other religion goes as far to convert people to its teachings. Even if only 10% of Mulslims support jihad, it's stilll too much. While it's widely called the religion of peaace I don't hear about similar acts of violence commited in the name of other religions.

You're quick to judge but passive income is a better form of income and it doesn't mean a person who wants to acieve it is lazy. Many people I know worked hard all their lives to finally achieve passive income in their 50s or 60s. I know a man who owns warehouses and rents out storage space, I also know a guy who owns a hotel. They both had to spend a lot of time and money before the businesses grew enough. Demanding a high and sustainable passive income from something like PoS mining is a bit naive, but using market investments to build a self-sustainable business is a great idea.

It is true and it may never go mainstream but remain localized. For example, is a Russian ruble mainstream? I wouldn't go that far. It's not a world reserve currency and you can't use it to pay for goods and services outside Russia. You can exchange it to other currencies almost anywhere in the world, but it's the same with Bitcoin. Localbitcoins traders can be found all around the world and bitcoin exchanges exist in most countries. So, we don't need Bitcoin to be mainstream, we just need it to be there. To remain as an option.

You're saying that it won't happen but your main concern seems to be time. You're trying to fight the statement but end up confirming it in your own words by saying that we'll need a lot of time to create perfect robots. The truth is, it's going to happen sooner or later and most of us deep inside know that it will the moment we finally create the first self-learning and self-replicating machine.

This is the exact reason why I try to stay away from religious freaks. Some of them can be such annoying dicks to atheists or even people with a bit different understanding of the same religion. They think that only their interpretation is the right one and if you don't agree you're a subject in need of conversion. A great example of such dicks are jehovah's witnesses.

Makes me wonder if the time needed to move coins to an exchange will limit the supply during the next bull run and make the price skyrocket.
Think about it for a moment. The supply is getting low now, with the demand being relatively stable because people are moving coins from the exchanges. When demand explodes people who would be inclined to sell will not be able to get their coins to exchanges fast enough to satisfy the demand. I'm not a trader so I won't really benefit from it, but a big bull run would be good for Bitcoin's image.

Comparing it with the ICO market that is unstable and full of scams may not be the best idea.
I'm a believer who thinks that every 5 years or so people will reflect back on the old days and say "why didn't I go all in back then", but if you look at the big players on the market right now, if you were able to stay invested for decades, you did good no matter which of them you chose. Google, Amazon, Microsoft, Tesla... they all started low and exploded.

It's funny how people have negative opinions about Bitcoin and say it's a bubble, while Tesla is in a similar bubble right now. It was worth 7 USD in 2013 and went to 440 in 7 years. We're talking about 60x growth when Bitcoin barely went from 1k USD to 11k in that time (11x). Based on the above, I say that Bitcoin is yet to see a real bubble that will easily take us to 50k USD.  

Too much promo can also be bad. He shouldn't do too much of it or he'll risk getting a label of that crazy guy who always talks about Bitcoin.
All that's needed from him is to remain consistent. If he likes Bitcoin, he likes Bitcoin. Worst thing a person can do is to be like McAfee: very enthusiastic at first, but quickly turning into a shill and a salty loser.

I've read somewhere that the virus is mutating and the strain that came from Wuhan and was spreading in March and April was not the one we're getting now. For this reason there's an increase in active cases around the world when compared to the numbers in Spring. Also our immune systems might be weaker now than they were in Spring and Summer due to lower temperatures. The weather in the EU has been really bad lately.

The religion of peace strikes again.
At least they say the suspect was shot so no more beheading for him. There are virging goats awaiting him in the afterlife.

You're generalizing. There are as many types of women as there are types of men.
Most women want strong men to accompany them, men who can take care of them, protect them, stay calm in dangerous situations, but not all demand men to be rich and pay for everything. They see it as an additional quality, but not a must.
None of my friends are rich and they have women. It's funny but I know 2 guys that are doing pretty good financially and both of them are struggling with women. They both look good and are in their 30s, drive nice cars, but women just don't stick with them.