the problem with wanting to wait for a dip right after there was a major dip is that the chances of seeing another one be repeated is almost zero. that is why they say luck only knocks at your door once.
with the way price is rising, the lows are going to keep going up and every dip will have a higher low while each try weakens the $20k resistance. soon you'll see it is too late to buy below $20k.

it is not fake, it is just centralized garbage.
these days they have been advertising it all over the internet so that they can pump their shitcoin more before they fork it and double their bags of XRP and increase their wealth by newbie-scamming. so obviously other types of scams like this one in OP come out to take advantage of the large number of newbies.

all i know is that in the past 4 years that i have been on this forum and bitcoin world i have heard so many people tell me that this guy and that guy are "gurus" and "experts" and whenever i read what they say it always sounds like the dumbest thing the dumbest person on the planet can say. in fact the number of "experts" i have seen in this space is more than i have ever seen in my entire life, and that is experts with sarcastic quotes since they are all scammers.

you should try a lot harder than this if you want to create FUD and you should also avoid using China because at this point it is very old news and whenever people hear the name China they already know that the news is going to be complete lies. and you didn't even bother making the lie believable

taking a stroll down the memory lane we don't even have to go that far back, people were saying $5k is not even possible by the end of the year just because price was stuck at $3k at that point.

it seems to be in the nature of some people to deny the inevitable bitcoin price rise as seen by some comments around this forum this day and in this topic.
even more interesting is when all these $100k $500k and $1 million predictions start coming out now that the price is rising whereas the rest of us have been saying the same thing when price was $3k

you can't both hold and make profit. it would be like asking how you can make profit by keeping your money under your mattress.
to make profit on the money you own you have to invest that money in a business. for example you can start a new business with the bitcoins that you have and if you are not capable of doing that or don't have enough then you should find legitimate businesses that accept investors. but this can be very hard since any legitimate business won't want small investors with little money and finding a successful and non-scam one is very hard. an example would be a popular bitcoin exchange like Coinbase (although it doesn't accept investors but is a good example). another example of scam businesses are the cloud miners that ask for little amounts to be able to scam most number of people.

now it is up to you to search for that business.

when the initial correction after reaching nearly $20k occurred a lot of profit was in the hands of traders that is now going back into bitcoin pushing the price up. and as the price goes up a lot of new investors show up with a lot more money.
this is all just the start...

you can't retire with only $1 million.

i don't think we can see such a huge bubble in only 1 month. we are just starting the slow rise to break the previous ATH. at least 6 months is needed after that for the big rises to start then we can expect a bubble.
but by that time the bubble won't be at $100k, it can be at much higher at $400k this time.

keep in mind that last time price went nearly 20x higher than the previous ATH which is 20x $20000 = $400k

the way i understand it is that signing/verifying messages is different from encrypting/decrypting messages.
in the first one you publish the message itself plus the public key (or the address) that the signing was from. and the purpose is to prove you own the private key to that address or public key.
in the second one (encrypting) you only publish the encrypted message and nothing else. and only the receiver who owns the private key can decrypt the message and see what it says.

if you look at the charts you can see that it is an actual uptrend, not just some jump that can't last long. as a result the price can have small retracements each time it goes up. for example from $18500 to $19100 then come back to $18900 before it goes back up again. as we can see right now it is back to $19250+ and is rising.
i think it is possible to see $20k in the next following days but it may not last.

that is not disruption though, it is more like a correction. as you said yourself the financial systems could be "reformed" as the result of bitcoin's existence. that doesn't stop there either, there is a lot of corruption going on in the banking system and all these payment processors that will be eliminated as their powers diminish thanks to bitcoin and the fact that people in countries with a corrupt banking system will migrate to bitcoin.

it is funny how any news that has China in it gets exaggerated A LOT and eventually turns into FUD. there are a lot of bitcoins being confiscated from a lot of scammers all around the world at all times. US government keeps confiscating and selling these coins every now and then through their auctions but you'll never hear this 1% nonsense or anyone calling it "dump on the market"!
even funnier thing is that nobody cares about such news anymore because the FUD is see through right now.

it has always been very hard to predict US economy since it is too controlled by the corrupt banking system and the wealthy elite. we know all these predictions are mostly political where one group doesn't like the winning president they keep spreading negativity. we also know that when there is FUD there is always some truth hidden inside of it to make it believable too.
in this case the COVID effects on the economy has been real and very severe. we also have an enormous amount of money that was printed and with the inflation it will bring, there will be a lot of lay offs by companies big and small alike and the rate of unemployment will increase even further resulting in a decreased GDP.

this is one of and possibly the smallest reasons for the rise mainly because bitcoin is not JUST rising against USD but it is rising against all fiat currencies and even though the inflation exists all around the world but USD specific inflation is going to be bigger. and i said "going to" because it has not yet happened. sure there are people who are foreseeing it and are dumping their fiat for bitcoin but such people don't go through the traditional channels and won't affect the price.

the real rise due to USD tanking will come in the near future. possibly mid 2021 when the effects of crazy money printing policy starts showing itself all over the country and price of everything shoots up from your rent to groceries and finally bitcoin.

why should future of bitcoin even be affected when someone that doesn't even have any remote link to bitcoin lies and deceives people?

he tried and failed. now he is old news. it doesn't matter how many times someone revives this see through scam, nobody cares about him or his claims of being Satoshi Nakamoto anymore. let the idiots scream until they are blue in the face

simply because bitcoin is a currency but tether (USDT) is not.

USDT is a tool created only for traders to be able to secure their altcoin trading profits whenever the altcoin market is having a bloodbath. which is a pretty common thing in that market.
for everyone else it is a centralized altcoin that is very risky to own. the government has already shut down many centralized companies like this.

it depends on what platform you want. for both desktop (any operating system) and mobile (only Android) i suggest using Electrum (it doesn't have ios). it is light (SPV) and very user friendly. it is also open source and secure.
avoid all types ofweb wallets and custodial wallets that you don't have any control over the keys.
there is also bitcoin.org page that can help you choose a wallet: https://bitcoin.org/en/choose-your-wallet
makre sure to verify the signature of any wallet you download before installing them.

it is not a "queue" but a "pool". a queue is for when objects enter the group they keep their order and the first one in is the first one out (FIFO). a pool however has no order.

i wouldn't call overpaying fees "smarter". paying the exact amount needed to have high priority is "smart".
as for the arms race, you are correct but those over-paying or under-paying are small percentage and rarely affect anything.

the increased number of idiotic FUD has always been expected. this is not the first time that the same type of people start regretting their decisions about either not buying bitcoin or buying some other shitcoin which is falling right now. then they come online and fill the internet with their wishes like OP here thinking if they wish it hard enough it should come true
basically every time there is a price rise they come out.

the title and the arguments are mostly unrelated in my opinion. bitcoin is already a world currency and it has been used by millions of people as payment. but even if bitcoin could handle 8 billion transactions per second (more than number of people on the planet) it still won't be "world's #1 currency" because that title is a more of a political one. for example when USD is used in global trades it is not because it is a good, strong or convenient currency. it is all political and is decided by the governments. meanwhile bitcoin is more of a people's currency not the governments.

you are correct. back in 2017 price went from start of $150 to $20,000 then collapsed to $3200 then back to $20000 again.

in 2021 we will have the same thing too. the price will go from the start of $3200 to $500,000 then collapses to $100,000 then recovers to $500k again.

you can keep dreaming that this centralized shitcoin that has nothing to offer except a hyped up fork pump could even be considered by anyone for payment let alone thrive