Another way of looking at it is that price has been failing to go any lower than the strong support at $30k. That is despite a lot of dump attempts!

There has been a strong accumulation taking place but that is not why the "balance" on exchanges is decreasing. It is simply because people deposit their bitcoins on exchanges to trade with those coins. If the price is not making any moves that could give them profit they will simply stop trading and since exchanges are risky by nature they don't leave their coins there. Withdrawing from exchanges like this decreases their balance (or supply on exchange if you like to call it that).

In fact if you look at the shitcoin market the "balance" there is increasing because the only time shitcoins can get pumped is when bitcoin price is stable, hence traders moving there for profit.

This part makes no sense to me because you don't buy bitcoin from the exchange or sell it to the exchange. The exchange is just a platform where users meet to trade with each other which means if you buy 1 bitcoin someone has to have sold 1 bitcoin (zero sum game).

Saying "bitcoin is a database" is like saying "an airplane is a collection of seats with seat-belts".

That is because you are rambling. Nobody reads big walls of texts with inconsequential content most of which don't have anything to do with the title specially when that title itself doesn't make any sense.

The problem is that it is going to be very likely that a lot of things go wrong with this third party and it leaks your secrets.
For example their servers may have a bug that sends out the message before the defined time or sends it to more than the defined recipient. The worse case scenario is also their servers getting hacked and your secrets falling into the hands of the hacker.

This is a terrible idea mainly because there are better ways to achieve a "dead man's switch" without putting your funds at risk, such as the locktime mentioned before.

I hate to be that guy again but I have to say that bitcoin is not an investment, specially not one that is supposed to make you rich in a short time. It is a currency and its price may very well stay at $34k for the next 10 years. Stop looking past the short term burst-profit and try to look at what this one and only decentralized currency really offers.

That's a good point but I'd argue that the newcomers should first choose a decent wallet and stick to that for fee estimation instead of using any third party webtool. Usually when we seek such tools we want more advanced options such as the visualization of the mempool's history that Johoe's site provides or the current state that mempool.space shows.

I no longer call it a joke because I started believing that it is a malicious attempt at market manipulation. It is the same strategy as the pump and dump groups when they call their sheep followers to buy or sell certain coin. They first amass some followers then they give them buy/sell signals but only for bitcoin trying to make money by capitalizing on the signals they artificially produce.

"Storing" shitcoins is already a bad idea, I'd say the only useful utility Coinomi provides is an easy way to claim shitcoin airdrops to dump them.

That is a MASSIVE security flaw that is not acceptable in any sense. There is literary no reason to "spellcheck" a mnemonic using a remote server where it can be checked locally apart from out of stupidity or maliciousness, I'm willing to bet that it is the later.
The "biggest problem with Coinomi" is lack of transparency and the history of malicious acts. We have no reason to believe that currently the software (on PC or mobile or anything else) is not sending your secrets to their servers.

Just because someone makes a claim doesn't mean it is true. For example bcash block size is 0.15 bitcoin block size, in other words they didn't scale shit.

Wrong.
If I print US dollars on my printer do I increase US dollar's total supply?

No it is not.

Wrong again. Imagine your own signature campaign that is paying you in bitcoin, if they pay you the same amount in bcash (that is 0.0022 bcash) would you accept it?
Now you see how ridiculous your claims look?

That can be said about any shitcoin that has been created so far. Do you think Dash hasn't claimed to be "better bitcoin" a hundred times? Because it has.

In short term they can always cause some drama, like they did back in 2017 when bcash was mining thousands of blocks per day, but at the end of the day they are still considered shitcoins and in long run their prices will always keep going down so nobody cares about what they do.

You were also trying to say "Bitcoin comes first and blockchain comes later".
The fact is that you can not separate different aspects of bitcoin. Bitcoin is a combination of multiple technologies and if you remove one it will cease to exist. In other words if you "remove all external factors" bitcoin will no longer be a distributed database either simply because it wouldn't have any reason to exist.
This database exists because bitcoin is a currency that has a value and miners mine it and nodes store its blockchain which can be used as a distributed database. All go hand in hand.

The problem when you change the definition and selectively use only one characteristic is that the definition starts to fall apart.
A database by definition is storing raw data that can be interpreted anyway you like and can be changed very easily. Neither of which are true in bitcoin. You can only interpret the "data" in blockchain in one way, as blocks and transactions, and you can not change them freely since they are protected by cryptography.
A database also has no reason to be immutable, in fact the basic characteristic of a "database" is  mutability.

I also wouldn't rank them either, saying this comes first and that second. Bitcoin is a whole system that has all of the above at the same time.

Good question. And the answer is no

I don't think we can call it sideway anymore since price isn't making any moves anymore. It is mostly stable and 2% changes, despite what OP thinks, aren't considered changes in bitcoin that usually has changes that are bigger than 10%.

There is a possibility and it is always best to be safe than sorry!

Not that I know of. People don't usually have strange setups like this where their camera is pointed directly at their screen instead of at their face.

You can go in a windowless room with no electronics in it, shut down all the lights and enter your seed

That won't prove anything.

It wasn't always like this. The "Alternative Cryptocurrencies" were worthy of the name. They were projects that were exploring other possibilities and technologies that bitcoin couldn't or wouldn't try. This was 2011.
Then the developers slowly forgot what altcoins were for and started creating money grab projects where they could make a LOT of money in a short term for doing very little. Then they slowly decreased the amount of work they had to do by copying other projects, and finally by inventing the ICO scam where they don't have to do anything since there is no blockchain anymore and the tokens rely on the existing blockchain of a project made for scamming people!
This won't change as long as the devs and the investors care about making most amount of money in shortest amount of time.

They can but to be honest I have never seen them do it since there is no "incentive" like there may be on this forum. In fact most people are too lazy to copy a lot of text, they prefer to copy the link instead and post that, which is what I've seen them do instead on other forums.
This is why I disagree with OP's title, people don't plagiarize by mistake, it is always intentional.

The only way to know what goes wrong that rejected this block is to have the full block with 0000...09e7f7 hash as it was the first time your node saw it and see why it was rejected in first place.
The error message saying "is marked invalid" is not enough information since the hash belongs to a real bitcoin block.

I don't think it is a bad thing to start with coinbase as your first wallet. I don't know if you were like this or not but for a lot of people the needed initial understanding of bitcoin is overwhelming which is why using a custodial wallet that does most things for them so they don't have to know or worry about things like coin control, fees, change, paying to more than one address at the same time, ... additionally they can also have an easy way to convert their fiat to bitcoin using the same account.

The predictions here are so depressing, I'm sure the fact that this question is asked during a downtime sideways accumulation phase played a very important role in it

Anyways let me put my 2 satoshis in by repeating the same number I've been predicting for over a year now. To find in a category it would be #341 at price of $420,000.

As for reason I'm just going to post this chart here which I made a while ago:

You know "bitcoin.org" exists, a newcomer may not. They usually use google or see the advertisement somewhere on the internet, maybe while watching a video or surfing some website.
This is also the reason why there are so many phishing victims and also why Google and Youtube briefly banned cryptocurrency related ads, although not all of them.

When you have access to your private keys and control them, you know that it is not in someone else's custody but what you don't know is that if someone else also has access.
In contrast in a custodial wallet you have zero access to your keys and give up full control.

That's just because of the large army of arbitrage trading bots working tirelessly between altcoins and bitcoin in a 3-way arbitrage game, essentially by buying the shitcoin with bitcoin and selling it for fiat to close the gap as the shitcoin get dumped against bitcoin hard. Otherwise I wouldn't call that a "5% pump".

It is worth knowing that the term "bitcoin maximalist" was first created and is used by shitcoin advertisers who never had any arguments against the flaws that the bitcoiners point out in their shitcoins so they have to undermine the whole argument and the person making it by calling them names.

Funny thing is that most bitcoiners believe in alternative cryptocurrencies but they also see the uselessness of the current existing altcoins and how overvalued they are. In other words I don't think we have that many actual "maximalists" (if at all) in bitcoin world.

We want bitcoin to be known and promoted as it really is and is meant to be, a censorship resistant global currency. But that is too boring for movies to show. Who would watch a movie where the protagonist uses a regular currency and nothing happens?! But when they shed a negative light on all of it and show bitcoin as this shady internet thing that is only used by criminals, etc. then it becomes a "movie" that they can sell.

Look at all the cases where bitcoin was used in movies. It is either as some get rich quick scheme or used to buy drugs!