Here's an even better advice - don't trade crypto at all. The altcoin market is full of scams and heavily manipulated coins, and unlike penny stocks, there's no fundamentals here at all, so you can't make any educated decisions. Investing in altcoins these days is more like HYIPs - everyone knows it's a scam, people just hope to profit by entering early and exiting before it all crashes.

Just hodl Bitcoin, don't be greedy trying to get rich quick, Bitcoin already has higher returns than traditional assets.

Don't visit Bitcoin.com, it's an anti-Bitcoin website, here's the same article on Bloomberg: https://www.bloomberg.com/news/articles/2020-06-12/jpmorgan-says-bitcoin-crash-survival-shows-it-has-staying-power

JP Morgan is now working with crypto exchanges, so it's in their interest to be bullish on crypto, because more trading = more fees = more profit. Even Jamie Dimon has softened his stance on Bitcoin so there's nothing paradoxical here.

Why are you fixated on blockchain/crypto? It's not some sort of new frontier with countless opportunities, in fact there's very little activity going on, and to make the sort of income that you want you need to be a highly skilled professional - a designer, a programmer, community manager, etc. If you could make $100/day by just flipping currency or trading, everyone would be doing that.

There were times when you could get paid $50-300 per bounty on this forum, and payments were made in hard currency like BTC or ETH, but those days are long gone and they will not come back. There's no easy money in crypto.

Electrions are coming soon and Trump really doesn't want to have them during a deep recession and unemployment crisis. There probably will be some attempts to cover up the coronavirus death toll in the US to make it look like things are under control.

My country recently stopped our quarantine, and a week after that new cases and deaths are at all time high, and it's quite worrying. The same might happen with the US.

Ok, learning is always important.


You don't need to constantly buy Bitcoin to be a Bitcoiner, just owning Bitcoin is enough, no matter how much. There's no need to compare yourself to others, and it's important to be responsible with your finances and not take unnecessary risks.


Holding Bitcoin is not an activity.


What does this even mean?


0/10 shitpost

Maybe it would move the price by a few dollars if there are bots that are monitoring these whale alerts or traders who do so, but generally most people understand that it isn't reliable, just because coins are moved doesn't mean they will be dumped, and because it can be potentially used to manipulate the market on a small scale, traders are even less inclined to pay attention to them.

Because people never encounter anything like that with other software, generally using a computer or a smartphone is very forgiving, and mistakes can be undone. Even if someone gets their accounts hacked, they manage to restore access and carry on as usual. Crypto is like a hardcore mode in videogames - one mistake and it's over.

We need to make newbies more aware of the dangers of managing your own keys, wallets should make warning in big scary letters to not tell anyone your seed and private key, articles that promote crypto should always warn about the security side of it and so on. I personally always tell people that owning crypto is not so easy, that you need to learn protect yourself from malware, phishing, fake wallets before you can start investing in it.

Because there is not a single coins that actually solves this problem. There are coins that claim to have zero fees, thousands of transactions per second, lightweight blockchains and so on, but it all comes at the price of decentralization - you can't run your own node or it's extremely prohibitive, so you can't verify the blockchain on your own and have to trust others. This is more like a bank than cryptocurrency, and if you're going to use something centralized, it's better to pick an actual bank that might be held accountable, over a coin that can scam you any minute.

Bitcoin's supply rule doesn't affect it's functionality in any way, so unlike other parameters, it can be easily changed theoretically. I wouldn't be so sure that the users wouldn't want it, public opinions do change over long periods of time.


Satoshi wanted it to become a global currency, he named it "a peer-to-peer electronic cash", not "digital gold". He believed that deflation is not a problem from a monetary point of view. You could say that Satoshi was wrong here, but you can't say that it wasn't designed to be a currency.

Without valid signatures it's just another load of CWS' bullshit.

I have a feeling that the more forgeries and lying to the court he commits, the higher the chances of him getting punished. I imagine the judges would be quite annoyed if they would understand that CWS just uses this case to promote his asset.

We run full nodes, if they try to change the rules, their blocks become invalid and they are no longer mining Bitcoin, instead they are mining a shitcoin with zero users. You could say that "but then there's no new blocks in Bitcoin", but guess what, us users can wait for a long time, most people are hodling anyway and do transactions maybe a few times per month or less. But miners are losing a ton of money for every second that they spend their electricity on mining this hypotethical shitcoin. Which is why they could never strongarm the Bitcoin community, and will never be able to.

I never told anyone about how many coins I have, but still I regret telling my relatives that I was involved with Bitcoin, because now they assume that I'm some sort of millionaire. And words travel far, they swear they didn't tell anyone, but I don't trust them.

People here often encourage others to spread the word about Bitcoin, get their friends on board, basically be an evangelist, but they don't think about how it will make you look in the eyes of others - when the price rises, every earlier hodler is viewed as a richman. So, not only be careful about telling how much crypto you have, also be careful about talking about crypto in general.

It's not good at all, you're selecting from subscribers of a twitter account, so these users are more likely to share the same views as the author of the poll, in this case opposing Coinbase. If you made a random selection of Coinbase users, it might have shown a different picture. Lots of users just use Coinbase as their wallet and don't participate in the Bitcoin community, and if they are a big part of Coinbase users, then they could be operating even if some customers will leave.

Do you know the history about the SegWit2x and other Bitcoin fork attempts? They were backed by majority of miners, SegWit2x was signaled by 90+% of hashpower, and it still failed because community rejected it. Your point 2) even contradicts your point 1), because if it was only for miners, we'd have bigger blocks.

Things change, Bitcoin community wanted Bitcoin to be a currency that will replace fiat, now it's a hedge (a poor one on practice), maybe in the future people will again want it to become a currency. It's still only 10 years old, maybe Bitcoin of the future will, for better or worse, be totally different from what it is now.

1. You call it "business", but it actually sounds more like charity, so which is it?

2. Your token has no utility, it's a share in your hypothetical company, but it's unclear how would it generate profit for investors? And what are the guarantees that it will be distributed?

3. Your token will be an unregulated security, which will attract the attention of the SEC.

4. No one is going to give 1mil to some anonymous guy's ICO these days.

5. There's no hunger problem in America, no one starves to death, the existing solutions work just fine.

Coinbase or any other exchange was never a good place to store coins. All these hacks, all these account freezes, KYC crap, SegWit2x and other shitcoin bullshit, humongous fees that far exceed the network fees - just some of the reasons why it's dumb to store coins there. People who do so are just noobs who don't know that wallets exist, or don't bother to learn more.


Twitter polls have little to do with reality because of the huge bias that they have - it's better to look at Coinbase wallets and see if they grow thinner or no.

Why not just read the Conclusion part? OP is not talking about a potential shortage of units, he's talking about the deflationary nature of Bitcoin, and what would happen if it was adopted as the dominant global currency.

Answering to OP, limited supply is a config choice and not a necessary part of the protocol, so Bitcoin could theoretically change it if it was needed. Especially if a competing coin with unlimited supply would start gaining ground because of this feature. But it's all just a theory, we're indeed lightyears away from discussing the influence of Bitcoin on global economy.

Bill Gates isn't involved with Microsoft much these days, he's just a major shareholder now. And even if he criticized Bitcoin in the past, he isn't a raging nocoiner/buttcoiner who devotes too much time to fightning Bitcoin. Maybe he doesn't even know  that Microsoft released this product, or simple doesn't care.

As for the tool itself, if the concerns of privacy advocates are real, then it's really not something we should cheer for, just because it uses Bitcoin.

Russia makes a non-statement about Bitcoin yet again. At this point it's not even worth reporting it, since no actual changes are being made. And on top of that, Russia isn't economically important to crypto, it doesn't have much crypto businesses and people don't own much crypto compared to westerners. Even if Russia will ban Bitcoin, it's no big deal.

This is the only point that is somewhat defendable, so if we imagine a very broke bounty hunter who doesn't hold more than $50 in crypto at any given time, then investing in hardware wallet would really be too costly for them, especially if they have a smartphone. For beginners mobile wallets are better than desktop wallets, since mobile security is a little bit better than security of Windows. And advanced users can make their own cold storage with any old computer.