Investor is quite vague as a term, especially when you have short, mid and long term investors purchasing BTC for various reasons. Think of the way some people say ”I’m gonna invest in some gold”, does this mean they’re gonna “hodl” forever? It could be until tomorrow or for a decade. They may not even truly believe gold investments are worth the effort on the long run, but they’re shortly investing in it.

Investing doesn’t require belief or long term planning. If you want to invest, you just become an investor by buying BTC.

I think you got it wrong. Binance wanted to reorg but it never happened. A 51% attack can happen but it never happened. Bitcoin has enough enemies who’d drool over ruining BTC by attacking it, but realistically this can’t happen.

Bitcoin’s more decentralized than ever. If somehow something happens with the miners and they decide to conquer and change BTC, Bitcoin is a community and if the community doesn’t agree it just won’t happen - or it’ll happen on a separate chain while we continue using the old BTC as it used to be.

Prove BTC is centralized.

Long story short: Wasabi likely got warned by governments and 3-letter agencies so they had to either join the opposition or stop their Wasabi business entirely. They chose the former, went public about it and they’re now trying to convince us that their partnership with blockchain analysis corps is the ultimate solution to Bitcoin’s privacy. They basically sold themselves and they’re trying to manipulate everyone else into thinking it’s the best thing that’s ever happened.

European countries aren’t as lax as you think. Most of them actually have pretty strict laws, it’s just that very few truly follow them. It’s getting quite hard to be anonymous here in Europe too and all governments are trying to come after us. After all, they even publicly said they’re not the best friends to crypto land, calling out BTC for its “illegal usage” especially in recent years..

Halvings aren’t quite as fun as they seem. It happens with no immediate market reaction. The market reaction is typically around an year after the halving.

I don’t expect much because otherwise I’d be disappointed and discouraged. I expect BTC to have a price increase but it’s gonna probably get smaller and smaller bumps eveey halving because.. well, you can’t expect it to go to the sky every time. Last ATH was only 300% up from the previous. It may be more, less or the same next bump although I honestly expect it to be less than 300%.

Faucets are a just a waste of time honestly, unless you claim one every now and then and try to gamble it to earn more.

Casinos with free faucets were more useful back in the day. Even then, you had to play many times and rarely had a big win.. it’s so much more worth it to try to grow a Bitcointalk account instead and monetize it through sig campaigns. Or do anything else you can get paid for but don’t waste time on faucets, it’s really not worth it..

If you’re planning something over the next few years, I’d stay away from the EU. The EU is clearly showing a stance against what BTC stands for and I think things are only gonna get worse soon. It’s also very important to research what these countries you’re looking into are planning to introduce in their law - they may be friendly countries that are planning stricter crypto laws than other countries are.

Tbh, that’d be a big lie. America is on my personal list somewhere at the bottom of friendliness. Mandatory KYC everywhere, tax forms are a huge pain, no ATMs where you can buy without ID.. it’s really bad.

I know, but do tiers even matter anymore? Wash trading is about everywhere except maybe a handful of exchanges. All exchanges are about the same for me. Unless they're no-name, it's all risky. There's a chance you deposit to Coinex without a problem and then decide to go to Binance full KYC mode and they flag your deposit as suspicious, demanding for more information that isn't really necessary to begin with. OP asked for a no KYC exchange, this is the best one I have that still doesn't impose KYC to their customers.

That can't happen. Government can ask us to hand them over all our previous, present and future addresses so they can register them under our name. There's Tor for that. Now obviously, there's another question.. how many would risk not listening to the government? I think enough people. If the moment comes where you're obliged to tell the government which addresses you own, I'd imagine there are many more things they'll try to break and monitor such as privacy and other personal stuff.

I'd 100% be using Tor to avoid such regulations because by then we're gonna be under a very scary and creepy governance. Orwell would be the closest thing you can get to that. So who cares anyway? It could mean "freedom" would be less free than prison, lol.

Back to the subject, they just can't impose KYC for wallets. Even if they try, remember Electrum and other similar wallets are open source which means a no-KYC fork would appear immediately. Worst thing, we start going back to using previous versions of the wallets. KYC can't be imposed on the network, they can only try to scare you to stop using BTC the way you should. And they'll probably try it, but it'd never work - remember BTC was initially created to be a peer-to-peer currency. If such anomalies happen because of the government, we'll just go back to what BTC should've been anyway.

The very, very first version of BTC was the most fair. Back then, when 1 CPU = 1 vote, things were more equal. As time passed and BTC's price started skyrocketing, some people obviously saw a money-making potential in BTC and wanted to profit off the opportunity.

The main issue with both PoW and PoS when it comes to wealth distribution is that in both cases, as we speak, the rich have an advantage. For PoW, the more mining rigs you have, the more power you have hence the more BTC you can make. This rig-buying business turned into a competition for who's got the most hashing power, and I see it similar to how the top 100 compete for the most wealth.

For PoS, the more money you have, the easier you climb to the top. I get my little share from my $100 while a whale gets their huge share from their millions.

I've seen other ideas such as 1 heartbeat = 1 vote or 1 heart beat = 1 coin. That works great until you find out older people's heart beats are different, there's no realistic way to measure real, legitimate heartbeats and at the end of the day, the rich will still be able to buy coins from you because - well, for the right offer, you'd give your coins wouldn't you?

Fairness is hard to get. PoS implies a ton of security issues we really don't need. Maybe if ETH proves to be a success and at least as secure as BTC with its PoS, BTC will try it out too (I doubt it). Otherwise, let BTC be the way it is. The only ones happy about a move to PoS will be shitcoin holders and governments because security will be significantly lower, lol. If there's a more fair way to do things, Bitcoin will adopt it once proven..

There's an obvious influence I don't understand. It's like everyone pretends to know about BTC and throws tips and tricks around as if they're experts but in reality they know nothing. It's weird and sketchy at the very least. This influence is present I think in most circles of friends but I'll never understand why.

If there's something I learned in this life.. it's that you should sometimes shut up and mind your own business. If you don't, you might be influenced into making the wrong choices or convinced by others that what you're doing won't have positive results. This guy included - I can't imagine how many people around Dan told him he'd destroy his wealth by purchasing BTC worth $2m. It's still happening in my life, I only chose to say nothing about it and mind my own business instead.

Yeah, the next bull run is supposed to follow the same cycle as every previous one.

I wonder if further problems for Binance would be a strong enough barrier for a bull run. It’s interesting to see how these CEX problems unfold, there’ll be interesting times ahead.

I don’t see a problem with it. There are these people using their computing power to try and generate an already used Bitcoin address that still contains balance, which I think is closest to what people with metal detectors do. It’s about impossible to find an already used address by generating, but it’s what some people try. The better question is how do you define a lost BTC? A Bitcoin that hasn’t moved in a decade? A Bitcoin whose “owner” (which is a person who can” prove their ownership (See how many .dat files have been sold around to naive people who thought they could prove ownership or decrypt it, but mobody was able to do it)?

Nobody knows which Bitcoin is truy lost. They may be dormant addresses or their owners just haven’t looked well enough yet in the right spot to find the private key or seed to their coins. Fortunately, you’re literally the only one who has access to your coins. Unfortunately, this means you’ve got to be quite careful about this characteristic of Bitcoin because it means if you lose access, nobody can help you out with it.

Like Satoshi said: when you lose BTC, the supply gets scarcer. Think of it as a gift to everyone.

• Modify the source code so Bitcoin transactions can only be sent with confirmation of your retina
• Enforce new address generation based on DNA samples
• Only confirm a transaction if the receiver completes a 15-pages long form about the purpose of the transaction

/s

We don't really need anything. I'm quite sure most of the largest hackers and scammers in the crypto sphere have been caught due to not knowing WTF they were doing. Bitcoin ledger's transparency makes it easy for hackers to reveal themselves lol. Our lovely governments have taken the worst measures already. KYC, AML, seizing the wrong money, imposing strict surveillance and control everywhere.. it's happening, and they always say it's the best thing ever against terrorism and other criminal purposes. But guess what? It never works as a tool against crime but as a tool against your privacy.

Stop taking this thing for real, the money you own inside that fiat wallet is so much dirtier than my Bitcoins.

Then they should shut up and stop mocking their previous customers and attacking them. They're taking the wrong road, not us. I don't think we're "Karens". They received a ton of support and love from us back when they were telling the truth (hopefully). I used to strongly suggest and support their Docs, which at the time were extremely useful to anyone who wanted to know more about Bitcoin privacy, with or without being interested in Wasabi's product.

But it's a bad ending anyway. We shut up and Wasabi and everyone else gets the "empathy" and by the end of the day everyone's gonna just accept this as Bitcoin's fate, every company will have no more respect for their clients' privacy, we introduce taint as if it ever was a thing, governments are happy, Wasabi's devs are happy with their fulfilled pockets and we, the customers, are the ones to suffer. But this is a domino in the making. Look at CEX's! Nobody said a thing about KYC and now how many CEX's still allow you to trade without KYC? Pretty much none! This is a war that began more than 6 years ago, I will never forget the day Bittrex suddenly changed their policy to being able to withdraw only if KYC is fulfilled. Robbers! Now they're under bankruptcy and I received an e-mail that I can withdraw my coins. Jokes on you, they're still impossible to withdraw unless.. you guessed it, unless I send my KYC info. Look at ATMs in the US! How many of them have no KYC for purchases and sells? That's arrived in the EU as well now, it's getting less and less free and they're taking our privacy away entirely. Look at Ledger! They're turning their "your seed never leaves the hardware" into a "pay to get the seed to a safe place"! Empathy and care for what? I'm sick of this all!! I challenge you: take a break of at least half an year from crypto and come back. You'll be surprised to see how quickly privacy is being demolished. I'm sick of liars, I'm sick of pretending everything's fine, because it's not! I'm literally looking at the people I used to admire with disgust and feeling betrayed. They've done what I thought they'll always fight against. Work with Coinfirm, deceive new customers into believing you're the ultimate solution to privacy and argue with those blaming you for what you're doing. I'm sick of it!! Does it look like showing empathy really works as a solution?

The deep web is such a vague term. There was Silk Road back then but what do we have today? Most “illegal websites” on there are in fact honeypots and it’s quite hard to even find the name of an actual website selling illicit services and products.

If we’re talking money laundering and illegal services, we’ve got to include all currencies out there, especially those predominantly used for the above. Had Bitcoin or Monero been such a great asset for criminals, they would’ve become the asset of choice long ago. But it’s not! It’s actually quite hard to have privacy nowadays even with currencies like Monero. Cash is still a preference for non advanced crypto users if privacy is a priority. Otherwise, you use Monero or BTC thinking you’re private but you’re actually never private enough because you make big mistakes that reveal everything behind.

If you’re keen on using a CEX, Coinex is the only remaining one I know of. All the others had to kneel and accept their fate as a now-KYC-mandatory CEX.

But it’s best to keep CEX wallet balance low anyway. You literally have no idea when another CEX decides to impose KYC without notice.

Here’s how I see the halving-price correlation:
- 2012 halving 2013 ATH
- 2016 halving 2017 ATH
- 2020 halving 2021 ATH
- 2024 halving … you get it

It’s scary indeed. What’s even scarier is that unless you have a freshly mined BTC, if you get to have one with a very long history you have no idea how far back they go to check it. It could be 100 transactions. It could be the last 365 days, who knows? You’re just sitting there waiting for your deposit to be confirmed while some random company nobody’s heard of is looking at a history that often doesn’t even belong to you, attributes it to your name and punishes you for it.

Thanks for the quoted post, I never saw that warning tbh. It’s kinda deep into the thread. I only reapplied because my last application was after a long term inactivity so I thought Hhampuz might’ve skipped my participation request solely based on that.

I removed my latest request. Although based on the rule you quoted, I fit right into that timespan of 2 weeks. It’s been 14 days since my first apply.