It depends on what you mean when you say "portfolio". In my experience if you are bag holding altcoins and calling it portfolio then you should take your profit (if you still have any profit) and get out. The only thing that has a solid long term potential is bitcoin and so far all the altcoins have been dumping against bitcoin. For example the biggest shitcoin called Ethereum has been dumped 60% against bitcoin in the past 4 years.

That's impossible in my opinion because BIP322 and any similar proposal requires a lot of script related code that majority of tools don't have. For example Electrum as one of the most popular SPV clients doesn't really support scripts (it has a minimal implementation of it). Implementing the script interpreter (even small parts of it like OP_IF) is also difficult since the interpreter is not fully documented and it is a large amount of code.

Altcoins almost always copy algorithms from bitcoin so their word count should also be the same but keep in mind that if there is an altcoin wallet that generates such uncommon number of words then you can't use the common recovery tools for it because it requires a special algorithm considering 10 or 22 words don't correspond to the common entropy sizes (160 to 256 bit), or their word list and its total count could be different.

If you change the encoding and introduce a new algorithm, then yes. 1 is just the version indicator, all you have to do is to use 1 as your first digit (1234567890abcdef...), after converting HASH160 to 5 bit groups, you would prepend the version byte 0 (legacy address versions) and it encodes to 1.
But note that nobody else would recognize your algorithm unless you get others to adopt it.

Bech32 is slightly different. It has 4 parts:
1. The data part for example the HASH160 which is converted to 5 bit groups (converting to base32)
2. A version byte that is prepended to the start of the data indicating the witness version
3. A separator that is always one to separate data+version from hrp
4. A human readable part which is a string indicating the type of string like bc which is for SegWit addresses or lnbc that is used in Lightning Network

That's one of the damages capitalism has done to the world. The minority who own all the money also control everything else including the law and regulations. Which is why in countries with the worst case of capitalism they also pay the least amount of taxes, sometimes even 0 taxes!
These special taxes are also not going to fix anything partly because Guterres is talking for himself lol but also because worse case scenario for these big companies is increasing prices to cover that tax.

There is only about 90k blocks left to the next halving which would take about 1 year and 9 months.
As for the rally, It will happen way before the halving since we already had the massive crash and the bear market and currently we are at the bottom in what looks like the accumulation phase. There really isn't that many options left other than rising.

The second part of this statement is wrong and I hate how some people try to talk about bitcoin and then sneak altcoins into the discussion.

Considering the fact that majority of altcoins are just copying the existing technologies and don't really have any innovations, that makes them all identical. This means you can say their supplies are capped because if altcoin A is a copy of bitcoin and altcoin B is also a copy of bitcoin and both have a capped supply, they still are not "finite" since altcoin C can be created by copying bitcoin and increase that supply.

Meanwhile bitcoin is unique and you can't increase the supply by any means including but not limited to copycoins.

You are changing the encoding itself by invalidating any result that contain `z`. If you want to change the encoding then why not use another one that is simpler than Base58 like Base32 so that there is no division (only shifts) that are much faster. In fact Bech32 addresses introduced in SegWit are using the same principle and are much faster to encode.

The first thing you need to tell such people is that since they already don't understand all other things they use on a daily basis (from their smart phones and all the apps on it to their credit cards and the complicated banking system) they also don't need to know the technical aspects of bitcoin.
Stick only to the basics, learning about bitcoin should be just like learning about how to work with a computer or a smart phone for the first time. You don't know what code is being executed on your device's CPU or how it is executed, so you also don't know what happens behind the scene when you click the "send" button in your bitcoin wallet or how mining works, etc.

I'd argue that you shouldn't "invest" in altcoins in first place to want to look for a cold storage.
Altcoins are most suited for short term trading which means they should be stored on exchanges so that you have quick access to them when you want to quickly sell them before they dump it too much so that you lost a large portion of your initial investment.

This is even more important when you see the number of confirmations some exchanges want for some of the altcoins which could take hours before they credit your account and by then price could have reached the bottom of the dump and it would be too late.

It was fiat of those countries that heavily depend on energy imports or have their economy interconnected with countries that do. For example Germany depends heavily on cheap gas imports, so they are affected the most. Some countries in EU that don't depend on such imports as much are also affected because of the correlation. US economy is also affected because of correlation and the fact that US dollar's value (seen in US high inflation these days) is affected as some countries dumped it as trade/reserve currency.

This impact on countries decreases the more the country is independent specially about energy.
A good example is Russian Ruble that keeps going up.

Not sure why this topic was moved out of Economy board but fine...

This is what I'm worried about too, that the conflict gets into other parts of the world, namely West Asia (aka Middle East) considering the Chinese relations there and rumors about certain "plans"...
For example Iran is the first country that has spat on Monroe doctrine (in effect from 1817) and has built military bases in US backyard. In a couple of weeks a military excessive will be held in American waters between Iran, China and Russia....

Exactly. The other concern is the ultra-nationalist that gained a lot of support after the assassination. Basically removal of Abe could corrupt his movement and they could try to become a major geopolitical player by engaging China, proving they can have an "independent" military!

I'm interested to know which part of it you found stupid since the rest of your post had nothing to do with my analysis since I'm not really analyzing Chinese strength, governance, economy, etc. to claim whether it is good or bad.

This is probably why the highest suicide rates is among US marines and also why USN was the first to flee thousands of kilometers to the middle of Indian Ocean back in 2019 as soon as POTUS gave the order for an act of terror and before the retaliation came.

I want to present an analysis/prediction of the world focusing on China-US duo (with Taiwan as the victim/battle-ground) and the effects of that on the global economy and possibly make a conclusion about possible effects on bitcoin.

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We know how the economy crisis has been going on, specially in the West (US+EU). The energy crisis is still harming the economy and as fossil fuels become more scarce in EU and their prices go up in both US and EU their economies are going to get even worse over time. People who had trouble paying their bills are now also incapable of paying their debts. Changing interest rates won't help either. Recession is on the horizon.

We know that over the past decades it has been a US strategy to order the Saudis to increase the oil prices to increase inflation and they obeyed. Then they ordered the Saudis again to decrease the prices to stop inflation and they obeyed again.
This way they have been keeping the big but very fragile debt based US economy afloat and prevented a recession or worse.

Some months ago oil prices went over $100 but this time the Saudis aren't obeying US orders anymore. This is clear from the US failure to grovel to the Saudi extremists for more oil.
One of the biggest oil exporters (Russia) is also not exporting to the West as much as before due to recent sanctions.
The Eastern bloc (that has the biggest oil supplies among them + Venezuela) is also working together very well (eg. India doesn't obey the sanction-Russia order, Iran doesn't accept the pleas by EU to remove its sanctions against EU, even South America is no longer considered US backyard,...).
The 79 year old Biden with his senility is not just a bad president, he is the manifestation of an empire that has entered its last stage of life.

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Some analysts believe that now that US has exhausted all options to bring down oil prices the last option is to start a war with China.

They say it's a simple supply and demand matter. These days the supply is shorter hence the price is high. US couldn't beg Saudis to increase the supply and nobody else helped either, so the only remaining option is to decrease the demand. A large part of demand comes from China so if China is at war the demand could decrease hence crashing the oil price far below $100.
This theory requires China to not be able to finish the invasion in 6 months or less. Otherwise things could get worse.
The result is theorized to be a small lifeline for the Western economy to recover itself a little as energy prices would come down.

I personally think this is indeed the US strategy but the results won't be what they want. Basically it is the repetition of the same wrong strategies they had with Ukraine (a proxy war to weaken Russia while keeping their world intact which we know it didn't work).
But the thing that US strategists are forgetting (like they forgot with Ukraine) is that most of the Western economy is already tied with Chinese economy. Not to mention that unlike Russia that EU imported a lot of energy from while US didn't that much, the US economy is tied with Chinese economy to a great degree. In this situation if Chinese economy crashes their economy would crash too.
In other words even if their initial plan worked and energy prices came down it still won't help the West if their economy is crashing hard for a different reason.

They are also overlooking another important fact that I pointed out earlier: the Eastern Bloc is working together very well unlike in the past. For example one of the hopes of US is to force India and Japan to fight China because of Taiwan (another complex proxy war). I am almost certain that India is not going to fall for it and would stay out of it; but am not so certain about Japan specially ever since the very suspicious assassination of Shinzo Abe.

China is also very ready for this conflict, they've been on a buying spree accumulating a lot of strategic goods such as energy and food. Some stats claim China is now storing more than 60% of the food in the entire world!
Their military drills and their presence all around Taiwan and their military presence in Solomon Islands, a very strategic place specially considering it keeps Australia at bay, is another indication of Chinese readiness and [unfortunately] willingness for war!

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If this war breaks out, there is a good chance that the global economy would get worse specially in the West (as I explained above). The increasing inflation would cause many markets to crash.

When it comes to bitcoin, logically speaking since bitcoin is THE hedge against inflation it should start performing well but the recent panic sells that brought us to the current price suggests the irrational market behavior is still a possibility. On the other hand we know that weak hands have sold their coins so there shouldn't be many of them left for more panic sells.
I think at the very best we could have very volatile market ahead of is (in case war breaks out over Taiwan).

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P.S. Until the new world order is accepted by the world, we should expect the same chaotic world.

There has not been any rallies so far. All we had was a small recovery and then market entered what is called a sideways situation. I personally don't consider anything about a sideways market to be "fine" because it represents a state where people are very undecided and fearful. They don't buy and  they also don't sell (mostly because they don't have any bitcoins left to sell).
Until we see an actual rally (going beyond $25k and staying there) things won't be fine.

Well, it is a very weak correlation at best.
If you look at the past couple of years, specifically from the time COVID19 pandemic began. All countries in EU and elsewhere have been printing a lot of money non-stop. Not to mention the damage to the economy as a whole. That inflation had to show its head somewhere.
On top of that countries are dumping US dollar which would weaken it hence the increased inflation in US and the stock market crash.

So far all the economic crisis I mentioned had nothing to do with the war since most of it happened before the war even began.

Then the war happens and the speed of economic crisis increases so EU inflation hits harder, electricity price goes up faster, food prices go up faster, US inflation starts setting new ATH every month, US stock market starts dumping harder than before, ...

So far none of it had anything to do with bitcoin simply because bitcoin is THE hedge against inflation but then people see the US stock market crashing and for some unknown reason they are convinced that they should sell their bitcoins because of that. So they start selling bitcoin and bitcoin crashes!!!

Russian attack had no effects on bitcoin price whatsoever. It fucked the Western economy which in turn reflected on bitcoin and was mostly panic sellers that caused a bigger crash than logical.

China's possible attack would have the same effect. If it fucks Western economy more, it could cause some more panic sells in bitcoin but considering that weak hands are mostly out of the market the drop may not be nearly as big.

Shitcoins will always dump regardless of what is going on in the world.

One of the biggest things that I have done in the past month is to sell stuff that I don't need (like a yard sale to get rid of unused stuff) and then put that money into bitcoin. I started this because I ran out of fiat to sell for bitcoin so I had to sell other stuff and it's been a good month since I converted goods I was not using to bitcoin that also freed up my space.

It is worth noting that these numbers depend on the client type (full node, SPV, etc) and are valid for 99.9% of the times when there is no network disturbance (eg. during forks).
- A SPV client is not capable of monitoring the mempool so all the conditions for 0 confirmation such as fee, parent confirmation, etc. are out of the question.
- A SPV client can't recognize a chain split the way a full node does, depending on the implementation it could be later than normal (eg. single server dependent clients) so the minimum numbers need to be increased.
- In certain times like during a fork when full nodes can reject old blocks there is a higher chance of a chain split and reorg. So the minimum number of confirmation here needs to be also increased.

I wouldn't jump into conclusion that everything is resolved just like that, specially since Erdogan was brought to Iran to be reprimanded and considering that he has lost everything in the new world order and he was threatening to destabilize Syria and Iraq a bone had to be thrown for him to bite on for the time being.

Nevertheless, this was a small positive news ~2 weeks ago.

I gotta admit, that is weird! Maybe it is done like this to shorten the code and not need multiple branches.
Since the result of subtraction (beta-recid) is not used anywhere else, it is just a temporary variable used inside the ternary conditional operator to check if computed y (or beta) is even or not.