Hopefully, but the problem is that as the FUD clears the price starts rising up and as the panic buyers are rushing back to the market (so far $4k up in past 24 hours) we are going to see another surge of on-chain transactions that could potentially increase the fees once again.

If that were possible to spend coins without having the corresponding private key then anybody would have stolen anybody else's coins easily and bitcoin (and by extension the altcoins) wouldn't have existed.

The whole idea behind cryptocurrency is spending "coins" requires a cryptography proof that can only be produced by a private key (ie. a digital signature using an algorithm such as what bitcoin currently uses called ECDSA) and can not be faked or produced any other way such as by someone who doesn't have the key.

Saying iFinex Inc (Bitfinex parent company, also creator of Tether) is shady and have never been able to provide any proof that their USDT is backed by USD 1:1 is not FUD, it is a fact. I have also warned people basically any time they talk about moving to a "stablecoin" in times of volatility.

However, saying Tether controls bitcoin price and the reason why it has gone up is because of Tether, or as you put it "Tether is pumping this market" is a big ass FUD.

In a sense "Stock to Flow Ratio" existed from day one and the idea even existed from the day people figured out the supply and demand concept, it just didn't have a fancy name or a model to follow. It also didn't say "scarcity drives value".

You already answered your own question. Identity theft and lying under oath are two of his many crimes.

What I don't get about this particular lawsuit is how can someone even start a lawsuit concerning copyright claims for something that was clearly published under MIT license? (Bitcoin paper was released with bitcoin client both under MIT license)

You'd be surprised how many of the altcoins have shady or at least buggy terrible wallets, even the popular ones. For example a couple of years ago someone figured that the official ethereum wallet's multi signature wallet allowed them to steal people's coins very easily.
Not to mention the numerous closed source wallets, mostly for mobiles, that have gained popularity and people think they are "safe" just because they don't understand what safety means.

It does depend on your investment strategy, you shouldn't "invest" in a pump and dump. For example all the altcoins have been losing value against bitcoin for the past 4 years without exceptions. That means they are not viable long term investment options.

Binance doesn't create a nested SegWit address for you in your Binance wallet account if that's what you mean. They just create a P2PKH and P2WPKH addresses. But you can withdraw your bitcoins to any address type.
In fact the nature of a nested SegWit address (starting with 3 and is called P2SH-P2WPKH or P2SH-P2WSH) is that the payer can not see any difference between them and legacy addresses starting with 3. Hence the backward compatibility.

It's very easy to talk about what could have been after the fact by watching the already changed price. But the reality is that most people who had $100 in bitcoin back in 2010 were like most people who had $100 in bitcoin about a week ago. Both of these groups panic sold when they saw a volatility.

The 2010 people panic sold when price fell from $6.4 to $4.8
The 2021 people panic sold when price fell from $64k to $48k

So far it is you killing the brain sells of whoever reads the nonsense you post everyday on this forum and unfortunately bitcointalk rules allow trolling since people like you aren't banned! lol

Then what the eff are you doing on a bitcoin forum?

Bitcoin can not enter a bear market because the bull run has not yet ended. It has to first end before the transition can start.

Get ready for all the Tether FUD to come out again, specially since it will coincide with the end of the correction and the start of reversal. As we set the new ATH in May, the FUD will set a new ATH too

In other words the FUD that came with the small hashrate drop is nearing the end and the weak hands are not considered "empty hands".


Let me just leave this here too, jut for fun:


Some gems from 2017 (chart above):
Dead cat bounce?
Bitcoin [@$2400] is a bubble article
Demise of bitcoin under Eth this one is from the king of idiots called kwukduck

That's market cap ratio not dominance and it only goes up whenever bitcoin price is stable and/or altcoins are pump and dumping hard. For example before this recent drop bitcoin was moderately stable so altcoins pumped hard and as bitcoin price came down a little the altcoin bloodbath started so they dumped hard and the market cap ratio went back up again.

It is meaningless nonetheless. Shitcoins are pump and dumping like always regardless of what the total ratio (dividing the real bitcoin market by nearly 10k shitcoin's market cap) is!

As long as you are measuring bitcoin price in fiat terms the answer is always or basically as long as fiat exists and it is inflationary because as they keep printing more fiat and dump its value, bitcoin price against it will continue to rise. Since I don't see fiat going anywhere or governments changing their crazy money printing policy, bitcoin will always keep going up.

But if we measure "value" of bitcoin instead of just its price against fiat, then it is a matter of mass adoption. And I believe that mass adoption needs at least another decade to be fully reached and until then we will have a bullish bitcoin.
In short term it will of course have big rise and falls like we have been seeing in the past 12 years.

Both.

Gold is old and has a massive market that is also accepted globally. It also has far less volatile price which makes it an actual store of value while bitcoin is more of a currency first and a store of value second.
But I never liked comparing the two because they have absolutely nothing in common! But that's a good thing because it means you can diversify. For example things that cause gold to dump are not going to cause bitcoin to dump and vice versa.

For starters it could be categorized under "hot wallets" since your keys are on an a machine that is connected to internet and can be similarly compromised. Secondly, lightning network is still in its early development stage and the implementations of it are still in beta and can contain bugs which could lead to your funds being lost.

The problem with this type of "investment" is that your money is now in full control of a third party and can be lost in an instant. Historically the exchanges have always been the least safe place in crypto-space. They get hacked regularly, either on large scale when every user is affected or on small when individual accounts are hacked.

You are confusing 3 different concepts with each other: Second layer, Side chains, Tokens
1. Second layer
Second layer is a different network that is built on top of the main network and relies completely on it. For example if mainnet fails the second layer will fail also.
Example: Lightning Network

2. Side chain
Similar to second layer, side chains are also a different network but they are usually only pegged to main network not built on top of it an they don't rely on main net for security,etc. For example if mainnet fails the side chain can still keep going.
This is also why 1 LN bitcoin is 1 bitcoin but 1 sidechain bitcoin doesn't have to be 1 bitcoin. For example 1 bitcoin turns into X RSK, or 1 bitcoin could turn into 1000 wrapped bitcoin on another chain.
Example: Rootstock, all the wrapped bitcoin tokens, Blockstream's Liquid,...

Another difference between 1 and 2 is the trust. In second layer the trust is minimal while it is not true about side chains specially in case of centralized ones. Sometimes they even involve other signers (eg. liquid) so you rely on those parties too.

3. Tokens
Tokens are inside the same blockchain instead of being in another network. For example tokens built in ethereum platform are all in ethereum network not in a different one.

I thought he was being sarcastic

Peter (and his son) are buying bitcoin like a maniacs now and if a silly FUD tweet can help with the discount they are getting that's even better even if it is $1 more

It started as a correction but continued as a manipulation due to a series of events involving hashrate:
* Small hashrate drop
* Associated with Chinese electricity outage
* The ancient FUD of China controls bitcoin came out (among other things)
* Panic sells ensued
* Price dropped, hence number of on-chain transactions grew
* Fees went up (to a normal amount but continued as:)
* Lower number of blocks being mined + high on-chain traffic cause higher fees
* More panic sells ensued
* Fees went even higher
* Finally price crashed

It's all preparation for the next 2x/3x rise that is going to take price to $120k to $150k in May.

There are only 2 scenarios for bitcoin: to follow the same 4 year cycle as always or to break free of it.

1) Following the 4 year cycle.
This is what I still believe will happen because the past 3 years were exactly the same and there is no reason for 2018, 2019 and 2020 be exactly the same as 2014, 2015 and 2016 then 2021 not be similar to 2017!
This means price should reach at least $400k to $500k by the end of this year.
In fact the recent drop is a good indication of things being exactly the same as 2017 once again. In 2017 when price went ~3.8x above the previous ATH (2021 version is ~3.3x) it had a similar big dropped 40% and the downtrend lasted for 2 weeks and in 4 weeks price was back to its ATH and in another month it about doubled it (reached $8k).
This is exactly the same, after reaching $8k there is some FUD that is causing the exact same crash to get ready for the next launch to a 2x rise reaching $120k by the end of May.

2) Breaking the 4 year cycle
This is impossible in my opinion but if it happened we would be in uncharted waters. We could see a consistent rise without any bear market that lasts any more than a couple of weeks. And price by the end of the year could be around $250k at the very least and the rise continues like this for a couple of years.

For now the name of the game is panic sell and market manipulation. With the $50k super strong resistance broken, it proves that there is a ton of money being wasted to push the price down. That negates all the fresh money that keeps coming in and is buying bitcoin every day for the time being. It also slows down the inflow of cash due to the drop until it stops and reverses and then the big spikes start.