There aren't any evidence nor sensible reason for them to create bitcoin, except whether they are just trying to do a large-scale social experiment and see whether a decentralized currency is possible and will be used by a large number of people. Well if that's the case then they have proven their point, though it's somewhat late now knowing how huge the effect of bitcoin was in today's society and how easy it is to make money off of it. But yeah, conspiracy theories are just extreme theories without any hard evidence at hand, so best not to believe it and carry on.

Ballsy move tbh. If you are old enough to receive pension funds, chances are there aren't that much companies and organizations willing to employ you, unless you're highly skillful and is a master of your trade, and companies can still see value in you. At that ripe old age, I'd probably be just chilling and won't be looking towards making more money than what I already have (unless the situation's rough and I really need to get extra money.) Not that I'm against what they're doing but given how shaky and volatile bitcoin was in the past decade, I'd just be extremely careful and not waste my chances.

I also don't know how would they be doing it at the first read of this article, but then I stumble upon this on this same post. Credits to @cissrawk:


Good thing that my spending habits aren't that much grand, or my addresses aren't that much exposed. A same dust attack happened in 2015 and 2016, though their intentions are to clog the blockchain and not necessarily steal information like the recent dusting attacks we know.

Before, I can see regulations as somewhat detrimental to the growth of bitcoin due to the unjust implementations made by the governments, but now it seems that they are slowly trying to level with the masses and actually listens to the pleas made by people. Also, regulations somewhat protect people from getting screwed by scammy services and organizations that uses bitcoin and cryptocurrencies as media for their nefarious doings. Overall, regulations for bitcoin and cryptocurrencies somewhat shaped the scene into a nice form which people and services see as somewhat inviting.

This happened to me back in the heydays of the now-defunct Mintpal. I was trading Blackcoin and kept it for a few days. Then a sudden pump happened, and I was so happy my coins are getting its value for once. Thinking that it would continuously climb up, I didn't sold my coins even though I'm almost @ 200% profit from my entry point. Little did I know that it would be the last push before everything goes to shit, and instead of getting insane amount of profits, I ended up with just 20% gain which isn't that bad but still. Greediness got the better of me, resulting into a mediocre gain instead of having a hefty sum at my arsenal.

This move skewered two things: helping those who are in need in Bududa and projecting an image that blockchain tech isn't just confined on the areas of fintech and logistics. It seems that charities are also getting engaged in matters concerning cryptocurrencies, especially getting donations using these as a media and some people are willing to help using it, too. Little by little, this world will slowly accept that cryptocurrencies are also useful in situations such as this.

There is always an option to never pay for the transfer, though I don't think it will net you a pleasant result as miners would surely ignore your transaction and not include it on their blocks. if you keep paying the minimum fee at the given time then yes, your coins would ultimately be exhausted as miners won't care even if you own two addresses and are being contained in a single wallet. Also, why would one do this in the first place?

This is a great post/topic, though this only covers losses that are known within this forum and does not cover those outside this hub, so in the end, OP will still have a hard time getting a repository of lost/inaccessible bitcoins forever.

@OP, there aren't any publicly known database for lost bitcoins anywhere in the web. Rough estimates point it @ 1-2 million bitcoins lost, though without any real and credible source backing the number up, it'll be hard to rely on the numbers you may produce on your research. Anyway, best of luck still on your work.

They'd always be like that whenever the greens are hitting bitcoin: analysts predicting insane price jumps without even considering present market conditions, or even claiming that something is already happening even though it's just normal volatility coming into play. Whoever these analysts are, being bullish is OK, for as long as you are not putting your credibility and name to shame. We clearly are in a bear market right now, how would $25k even materialize in the next few months?

At the least, some improvements are being made on the industry instead of it stagnating on development and updates. I wonder how many people in Brazil are casual movie-goers? For sure, a lot of people would be trying out the fad and the craze would die out, but the option to pay using bitcoin still stands though. While this may not be the brightest of the news for bitcoin and crypto, it's still amazing to see that merchants are still trying to be in the game and industry albeit the setbacks and the threat of volatility.

This, I think, would be happening at a larger scale in the near future. They know for a fact that not all people would love to get themselves in a hassle of storing and keeping their assets safe, so they'd go to a trustworthy bank and let the institution handle their money for them. What amazes me is that they are able to do this thing for decades, and have even invented fancy names for the fraud that they are doing. I'm not afraid of institutional investors coming in to crypto; what I'm afraid is if people are too gullible enough to let the banks rip them off of their money thinking they got a better deal on crypto.

I don't think we're already accepting virtual money wholly, as most of us are still inclined to use cash even though digital payments are already offered. While the future is already headed towards digitization of literally almost everything, I still think most people wouldn't be able to let go of the concept of physical cash. Some people just won't get used to not having cash with them as not all stores are readily accepting digital payments at this time and age.

I'm positive that bitcoin will have a huge spot for digital payments in the near future, but for now, we must do something for the merchants to accept it on their services for us to pay happily with our coins.

No one has the exact figures, but some estimates show that it's somewhere between 100k-1M, which is pretty debatable considering that Hal Finney, alongside any other 'unknown' people were also mining during the early days of bitcoin. Should those figures be exact or somewhat close to the original figure, I guess it will be fascinating and scary to see them move, even just once.


Safe estimates, not just some aggregates out of what moved and what stayed on the 'known' addresses of Satoshi.

Then perhaps you are not looking deeper into the market conditions then. There are random spikes and falls every single day that happens so fast, so if you happen to be trading during those times, you will surely take some profits if you managed to take a good position. Intra-day trading isn't just about the opening and the closing; it's about the hours in between which generates a lot of profit for traders. Align your trading patterns/hours with most parts of the world and you'll surely get a better profit if you know what you're doing.

Jack Dorsey has been a known bitcoin bull for a time now, and I don't think it's something quite unusual to say the least. What's good about him is that he doesn't shill out for bitcoins and let the markets decide for itself, though I think he'd love to chime in and engage in discussions regarding cryptocurrencies and bitcoin on his founded platform, twitter.


I agree. It seems like more and more serious topics have started to deviate from the common hubs of discussions that people have been using for years. Just goes to show that bitcoin isn't just confined into a few places right now and we're still growing day by day.

This just proves that hackers aren't always from the outside and some are working on the inside--mostly within a company's ranks. This also proves the point that no one should ever, ever leave huge balances on exchanges even with 2FA as some people from the inside can still alter some information and possibly withdraw your balance. Good thing they know that something's up and nabbed the criminal before he can even do things on a larger scale. Exchanges should also screen their employees very thoroughly and do random inspections during working hours to see whether they are doing something nefarious or accessing things they aren't allowed to.

Well for one, even the blockchain technology has cryptography for its fundamentals, so technically blockchain is also under the umbrella term 'crypto.' Without the necessary cryptographic algorithms and functions, the blockchain wouldn't exist, so does bitcoin. Besides, people have known the term 'cryptocurrency' for too long and have commonly associated it with bitcoin and altcoins, so why do you feel that the said term isn't apt for bitcoin and other coins?

True, though I know that a lot of Filipino miners and traders utilize Unionbank's services for their needs, alongside BDO and BPI (which are the biggest banks here.) The Philippines is a country ripe for the picking for cryptocurrency investments and startups, as the country is somewhat friendly towards such ventures knowing that it could potentially drive profit and boost employment should someone decide to open up a firm here. Anyway, I don't think bitcoin ATMs are that relevant for the Filipino community, but it's a good way of telling and reminding people that at the least, the scene is somewhat ramping up its game.

You don't have to rush when it comes to investing, as ultimately that will be your money and no one will ever be held liable if ever your investments go down the shrink. Aside from consulting this forum, try other references too to ease your doubt and to better decide whether investing in bitcoin is for you or not. Most people are treating bitcoin as a religion and 'too big to fail' so expect some biased statements towards bitcoin, though there are also the side of the 'permabears' in which they constantly try to draw a line of negativity towards bitcoin even though nothing should be afraid of.

Best of luck.

This isn't a bull run in any way but rather just a short pump with no real strength to hold on. The volumes on exchanges are ridiculously low to perform a higher push on where it's at right now, so I don't think it can continue to go further or traders will ride whatever's happening on the market. Also, there aren't any news or any catalyst for this increase, so I'm afraid that it wouldn't be lasting long or will be shut down by the bears any time sooner.