I don't buy anymore, but when I did it was all about the percentage drop.
Bitcoin follows the same path every time. All drops of 20% and less can be manipulated and come under the short-term volatility. You shouldn't be concerned about it unless you're a trader. Drops of 20-40% are good, but also may be an indication of an incoming bear market (like when there's a dead cat bounce following a 40% drop and then it goes back down).
A 50% drop is always a good investment and that's where you should start if you believe in the asset and are ready to stack up.

In 2014 that great zone was when the price fell from 1k back to $400. It later went as low as $200, but in 2015 it was already back above $400. It never stays at -60% for long.
In 2017 you had that early fall from 19k to 8k that a month later recovered back to 11k, went down to 6k and back to 10k, indicating that 60-65% from ATH as a great short term buy zone.
In 2018 we had a 50% drop from 6.4k to 3.2k - another great buying opportunity.
In 2020 another one from 10k to 5k.

When you see a 50% drop, get your fiat money ready (not a financial advice).

They will always try to manipulate the market which is why so many people find their sudden change of heart suspicious.
Most of us remember how Dimon used to say he'd fire employees who trade Bitcoin and now it's like they're saying "buy, buy, suckers, we're ready to sell what we've acquired in the last 2 years of bear market".

I seeyou've only explained one, so you must've been using those many levels figuratively.


What I meant when I said that it used to be worth more was the purchasing power of the dollar. It wendt down by about 50% in the last 20 years.

He's jumping into far-fetched conclusions going from a to b abd then from b to c and ending up somewhere at y.
For instance, he knows that people are losing jobs and going bankrupt due to covid, so they have no way to feed their families, so... they'll attack other countries to take what they cannot earn. This is probably as far as you can go with this analogy.

The way I understand it, you can protect your privacy at all times. For instance, when you're at work and decide not to share any life details with your colleagues, you're protecting your privacy, but you are not anonymous, since they know what your name is and how you look like.
Anonymity is complete. Staying anonymous is not revealing anything, including your name. We don't need anonymity as much as we need privacy.

You need to have no morality to run scams and this is one of the things things you cannot switch on and off. If he can lie with ease and sleep well knowing he stole some people's life savings there's not much he wouldn't do.
Those crypto scammers often get low sentences but there are exceptions, like:

Robert Farkas, the founder of cryptocurrency firm Centra Tech, which raised more than $25 million from its initial coin offering scam, pled guilty in a federal court in Manhattan on Tuesday.
The official statement accused Farkas of conspiring to commit securities and wire fraud and ordered a sentence between 70 to 87 months and a fine up to $250,000. The date of the sentence is yet to be determined.
https://cointelegraph.com/news/crypto-founder-sentenced-to-seven-years-in-prison-for-25-million-scam

I wonder if they'll ever get those two behind FuturoCoin. They run a ponzi for years and recently fled using previously purchased Gambian diplomatic passports...

I'm sure it will be an option. 10 years ago you weren't able to order food with Bitcoin and now you can. There are even services that connect multiple food delivery services and accept bitcoin payments. With LN it will be much easier and much cheaper, so I bet groceries will also be a thing.
The question is whether people will choose to spend their valuable coins instead of fiat money. IMO this is going to be a bigged deterrend than volatility because you can run payments through a service that will convert it instantly into fiat money, so there's no risk for the merchant that he'll get less than he should.
I prefer to spend fiat and hold bitcoin whenever I can so spending it on grocerise isnt going to become a big trend, rather a niche thing.

This is the thing, I don't.
I buy Bitcoin for 2 reasons. One of them is safekeeping. I don't trust my local fiat currency enough to bet all my savings on it. Being in Bitcoin seems more logical.
The second reson is spending it. I don't want the whole world to know what I bought and how much money I have, so I'm planning to at some point turn my Bitcoins into real world goods, skipping the exchanges and fiat money completely.
Somebody will of course have to buy my Bitcoin at some point. This is how money circulate, but they don't have to pay much more than it is worth today. It depends on the situation.
What's important is here and now. If the price is 10k USD and you buy for 10k, will you feel bad knowing the seller bought it for 9k? Will you feel good knowing the seller bought it in 2017 for 19k? Does it really matter? Remember that there's still a lot of coins in circulation that at some point in time were bought for much more than toiday's price.
Most people don't think about it.

Some of the Dollars you trade your Bitcoins for used to be worth 2x more than they are today 20 years ago.

Controlling the private keys would be a solid proof. I know that it would not be definitive, but a good start for sure. Without it I wouldn't even go into details with this new Satoshi, and I'm pretty sure most bitcoiners would treat him like another imposter. If the owner of Satoshi's coins had a plausible explanation of how it all started and why he remained in hiding for so long, people would believe him.
Would it be good for Bitcoin? No. Would it be good for Satoshi? No. Would it make him a target? Probably yes, unless he was under some protection as an agent already...

And I've seen people charge 120% of what they used to like  contractors, doctors (especially dentists). Most people have additional requirements to meet in their jobs (face masks, cleaning) and need to charge the client for it. Taxes in the EU were in fact decreased to help businesses recover.
30% without jobs? Where did you get these statistics from? I don't know anybody who lost a job due to coronavirus. Many people earn less because they have less to do, like teachers who now teach from home and work less hours a day, but they did not lose their jobs.

It's actually funny that some people think they're paying for those who get rich. That when someone advances onto another floor of this wealth pyramid he has to do it at the expense of someone else and throw that person down.
When someone values whatever you own higher, you become more wealthy, but it doesn't mean other people's holdings have to lose value. You can have an old war relic lying in the attic and later find out it's worth 100k USD. If someone buys it he will not lose money or literally finance your wealth but simply transfer the ownership of that valuable item. Everything will remain in equilibrium and a new item will enter the market.
Bitcoin wil be that new item ofexchange. Something that will allow people to transfer value, just like when a new fiat currency is created. When a new country was formed and it had its own currency, nobody had to lose for it to go into circulation. It just did.

Don't forget that there's not enough fiat money in the world to buy everything people have to offer (every single car, plane, boat, piece of land).

For the average member of the society the only thing that counts is taking part in the rat race. Look around you and you'll see that people around you don't buy things to have fun with them. They buy things to be noticed, recognized for their wealth, envied and they keep doing it to be better than their neighbors, their friends and family. They want to have a better car so that when they arrive at that family meeting once a year everyone will see it and think they're successful. To me this is one of the most pathetic and tragic things in the world.

I believe there are groups of powerful people trying to make their idea of the world happen. One of them is the Bilderberg Group:

Every year, approx. 130 political leaders and experts from industry, finance, labour, academia and the media are invited to take part in the Meeting. About two thirds of the participants come from Europe and the rest from North America; one third from politics and government and the rest from other fields. The Meeting is a forum for informal discussions about major issues.  The Meetings are held under the Chatham House Rule, which states that participants are free to use the information received, but neither the identity nor the affiliation of the speaker(s) nor of any other participant may be revealed. Thanks to the private nature of the Meeting, the participants take part as individuals rather than in any official capacity, and hence are not bound by the conventions of their office or by pre-agreed positions.

These people want it to look like they're discussing possible issues and threats that appear around the world, but in reality they have the poewr to shape the world around them and are doing exactly that.

I feel safe from the virus because I see only 2 options: I either had it already or I'm going to go through it without complications. The average person dying from covid is age 70+ so really, you could as well be afraid of getting pneumonia. I've been to the pneumonia ward a couple times and they never ask visitoirs to wear protective clothing or anything like that because it is transmissible, but not as easily as one could think and not as deadly. The covid craze is more deadly then the virus itself.

It's very hard for us, ordinary people, to change anything. If you want to feel better you can move away from the city and at the very least not breath those fumes in.
Funny thing is that when I moved to the countryside I thought the air is going to be much cleaner, but it isn't so. People in the country are used to heating their houses with coal and it can really make the air stink in winter, even when you're 500 m from the nearest house.

As usual meaning staying at the same level? This isn't a usual performance by Bitcoin.
To me it looks like it's holding its levels pretty well despite the turmoil on Wall Street.

Since you've pointed out some "issues" with BTC, I'll give you some points as well:
-the first cryptocurrency
-the most well known cryptocurrency
-the most trusted one
-the most accepted one (highest market penetration)
-decentralized
-altcoins follow its price, so they depend on it

Enough?

I have some land and I keep it. It was bought by my father albout 15 years ago because it was dirt cheap and his idea was to buy small pieces of land all around and hold it just in case there's a large project and they need to buy you out, or they find natural gas in the area (common in this region). A small piece of land costs you maybe €20 a year and its value can go up by 200% if it happens to be in the way of a large apartment complex, a store, a street, or anything of that sort.  

Thanks for quoting investopedia for us. What would we do without you... 

The question can be addressed in many ways. For instance, a natural disaster or a war can bring the economy down. It all depends on how the disaster or war influences the area. A war can be beneficial for the economy (see Germany or the US during the WW2) or it can be a disaster (the Balkan war, Iraq, and many other).
Usually a threat mobilizes, but an overwhelming threat induces fear and becomes counterproductive.

Definitely one of the dumberst reactions to Bitcoin ever. I can understand if a country doesn't want to recognize it legally or sees it as a threat for their own monetary system and doesn't allow banks to work with Bitcoin companies, but 10 years in prison? It really looks like a bill straight from North Korea, like one of those "get incarcerated for not crying" or "get shot for trying to leave the country". They're going to be laughed at by the rest of the world if they pass it.