Total amount of addresses that hold any amount of bitcoin therefore would be around 37 million. Assuming that the average hodler has its stack split among let's say 3 addresses on average that means there are only around 12 million actual owners of Bitcoin addresses. Of course there are people out there who prefer to keep the BTC on exchange or in custody of some institution (so the amount of bitcoin hodlers is certainly higher), but yet this shows the massive amount of upside that this asset presents.

Although you can save a little bit on fees like @batang_bitcoin said, if you want to improve your security you could have more addresses backed up as paper wallets so if one address/wallet gets stolen you only lose 10% (in the case you had your bitcoin split evenly between 10 addresses).  If you choose to go on this route make sure you scatter the paper wallets in different locations.

However I don't think it is worth the hassle. For 0.01 btc I would just use one address.

Why are you so convinced that Satoshi is a "them"? I'm not saying he/she couldn't have any partners, but the pseudonym could still be just a single person.

Nevertheless, whoever created Bitcoin surely had higher purpose in mind and perhaps the goal is for the currency to successfully replace our old, broken financial system.
We might only find out who Satoshi was after a few generations when one of his grandchilds would decide to honor him. 

Change is hard psychologically speaking. We have been accustomed to using fiat currencies for so many years that is now unimaginable for many people to use another form of payment.

However if the benefits encompass the comfort of using the same old method, we will witness a global paradigm shift. Heck, I think we have already started. Visa and Mastercard are both working to integrate crypto payments.

I don't know how governments are going to handle this. The obvious way would be to steadily accumulate Bitcoin as part of the treasury reserve, but some of them could get scared and temporarily ban it, but in the end no democratic entity can stop something that is seen as valuable by the majority of people.

I am not really informed about how a visually impaired man manages his finances. My guess is that it has a personal assistant - either family or a government worker.
I don't think it is about what Bitcoin can do for them, but more likely a challenge to be solved by entrepreneurs. If Bitcoin actually goes mainstream and is used on a massive scale, I don't think it woud be hard to create a wallet application or device that is navigated entirely by speech, face and biometric parameters. Implementing the braille language is also an alternative.

Don't take me wrong, I do believe Bitcoin is here to stay and has a bright future, but the decision to invest using money you don't own based on past performance is not even close the best way to approach the financial markets.

Having peace of mind is much more precious than making hefty monetary gains, trust me.

I suggest you think about the situation this way:

Pretend you cashed out right now. Would you still put your money into ETH? Why or why not? - if you don't have an answer to this question in my opinion you should sell your ETH and re-assess the situation. Don't base your decisions on what other people are saying. You bear the sole responsibility over your money and therefore you should be the one making the decision.

I don't think taking out a loan is a good idea. I mean it depends on your financial situation and on the interest you will have to pay on it, but anyway I wouldn't take the loan unless I have income-producing assets of at least 500k euros and a strong active income flow (job or business).

I am well aware of the fact that Bitcoin is starting to look more and more like a strong alternative to gold as a wealth preservation instrument, but it still has its risks.


You don't need crazy capital gains to get wealthy. You can always build and grow a business that could bring you exponential gains. Also the market is full of small companies, penny stocks, etc. so if you have the expertise and eye for analysing this kind of assets you can make some pretty hefty returns there as well.

Bitcoin was created for the people, thus I see it as a normal thing that awareness should be spread initially by word-of-mouth, believers, influencers, social media, etc. This phase proved successful so we are now in a moment where big-pocket capitalists & investors are promoting Bitcoin (Pomp, Saylor, Kiyosaki, Miami mayor, etc.). I see nothing wrong with this, if anything I see it as a healthy growth much needed for adoption.

I don't believe in calendaristic nonsense unless there is a real, rational reason for people to cash out from crypto on March because of some kind of event, but there is NONE. The data we have from previous years is not statistically representative IMO and even if it were it is just a statistic. The context is different now than in any other year. This is just FUD for retail if you ask me.

If you wish to decrease your Bitcoin exposure do it because you have made a sound analysis of the market and your financial situation, not because we've entered the first month of spring. lol

Again this guy seems to live in another world. He's certainly not an investor as any mediocre one knows that when you put your money into something (be it cryptocurrency, stocks, commodities, etc.) you are the only one responsible for that decision and you need to assume it.

Blaming the developers for the hack is pretty much similar to suing Tesla because someone has stolen your car. They should have made it "unstealable"! lol

I think the federal authorities should investigate this guy to the skin. His public behaviour is absurd - a cue that he might be the thief behind Mt.Gox.

My advice for you is to get your trading strategy clear in your mind. Always know why you are buying/selling an asset at a price level. Especially on the short-term markets are extremely unpredictable, some even call it chaotic, but in this chaos you can find opportunity if you have a sound strategy and good risk management system set in place.

Try to buy at support and sell at resistances. See if the market still goes the opposite way.

It is hard to comprehend by our minds because a change in the global monetary system happens so rarely, but we must be aware of the fact that we have entered a new era. Fiat currencies and our current financial system is old and needs a major upgrade.

The change is needed as economies around the world are so fragile right now. Bitcoin and DeFi represent solutions to the reorganisation of monetary structures and debts around the world.

Knowledge is potential power. Knowledge which is not applied is useless. Every Bitcoin user should first spend a few hours for assimilating the basic concepts and mechanics behind the technology.

If you acquire Bitcoin based on your own decision and diligence, congratulate yourself because not many are doing it.

I agree that psychology (emotional control) holds an important role in the process of investing and trading. However mathematics, economy and finance are also essential to being successful on the long-term in any kind of markets. All these disciplines are interlinked and if you are knowledgeable and continue to refine yourself in each one of them AND apply the concepts learnt money should be a by-product.

Hi there! Pat yourself on the back for trying to market your skills. The willingness to do something is the first step. Now here's my advice for you:

As you are still a student I wouldn't rush to get paid for the technical skills. Instead try working for free on projects that interests YOU correlated with what you want to become in the future. There are literally infinite options in the IT world from AI, RPA to blockchain, robotics, web development, network infrastructure, cybersecurity, etc. If you don't know yet what domain you are passionate about I suggest you study at least the basics about each one of them then try to focus on what attracts you. Do projects for yourself/your portfolio as others suggested in the thread.

Regarding your goal of making 2-3k euro to buy a car, I suggest you get a part-time job that pays well and let's you make your own schedule. You can wash cars, be a delivery guy  (foodpanda, glovo if those services are available in your country), bartend, be a waiter, etc. Make sure that you actually need that car or else you'll feel sorry for all that work&time spent.

Hope this helps!

I'm not trying to defend the project, but instead I'm trying to look at Stratis from an objective standpoint. A professional digital asset investment fund like Alphabit is not likely to invest in a scam. You can bet that they are doing thorough research before putting investors' money in any endeavour.

Second of all, check the Stratis github. The dev team is making progress. Is it significant? - You need to decide.

Personally I think the direction to building DeFi apps/platforms is in sync with the market trend, therefore it is a good thing that they are emphasizing development towards that end.

A cryptocurrency created by a Central Bank and controlled by the government will be pretty much like the electronic numbers we see in our bank accounts. What makes Bitcoin unique is the decentralization of the network, augmented by its scarcity (limited supply).

Shortly people will use Bitcoin instead centralized "stablecoins" because they don't want their hard-earned money to depend on the government actions.

I haven't checked and I don't need to check the transaction on the ledger. First of all I don't base my decisions on what Elon Musk is doing and second of all I trust that if something gets published on SEC website is likely to reflect the truth.


I do believe Tesla is overvalued as well. Trading at 1,000x P/E is not sustainable and not healthy. I wouldn't touch TSLA now. If I want exposure to Bitcoin I can get it myself.

To have a look at the effects of Mastercard integration we must differentiate the two major aspects of Bitcoin.

1) Bitcoin as a proof-of-value, inflation-proof, wealth preservation asset.
 - Mastercard adopting & therefore certifying that BTC is a reliable method of payment (although in the report they say they only want to give people the choice) will only add to the solidity of its proposition for both institutions and retail investors.
 
2) Bitcoin as a monetary system - payment method.
 - Enabling merchants to accept crypto payments will probably create a strong trend between businesses. I'm especially looking forward to Starbucks accepting BTC payments using Mastercard integration.
 - This will affect the demand of BTC and therefore contribute to an increase in market price.
 - I'm still wondering how they will deal with the transaction fees. Will they use Lightning Network? - that remains to be seen. They stated there is still a ton of work to be done.