Ok, mate people will really stop fantasizing you brought us back to earth. We are so sorry we annoyed the royalty if that is what we did.

We can't write something that might make you super aggigated it seems. What I heard about many bitcointalk members was correct, being patronizing, always negative and quite often insulting.

You made a case like anyone would care for what Buffett has to say. I said something as a joke and you grabbed to it and made a case telling me I'm fantasizing.Like it mattered to Bitcoin what Buffett had to say.
Keep doing the good work, I gave this forum a second chance but it is clear what is going on with too many like you. Not coming back for a third time, keep senting people away from you. I'm done having to answer to kids about every second word I write.

He can invest in Bitcoin mining perhaps then. All the Bitcoin mining firms should be having very profitable results for the year.

Slowly it can make it. First take over Buffett and make him change his mind. He invested in gold and nothing in Bitcoin, maybe he will understand one day.
But I think you are right, gold is the real target, and comparing Bitcoin with companies is just for the news headlines.

$10 trillion USD market cap could happen with increasing adoption. Price will have to grow to $400k-500k and it will not happen in the next two years but perhaps in ten it can be achieved.

Bitcoin with the recent price rise to $25,000 surpassed the market cap of payments processor Visa and is now above it in this metric.
Bitcoin has been performing incredibly this year and gives us hope for a prolonged bull run in 2021.


The image is taken from this website that is tracking price and capitalization of the top assets in the fields of Stocks, Cryptocurrencies, and ETFs.

This is the second time Bitcoin was higher than Visa in market cap. First time was in 2017 when Bitcoin reached $18,000.
Above Bitcoin and next big target is Berkshire Hathaway, the Warren Buffett company who has always been negative towards Bitcoin.



BTC is taking over the world

Why did you relate XRP with Bitcoin? You discuss what happened with Ripple and you claim that this is a Bitcoin problem?

Wrong. Bitcoin is unrelated to the XRP scam or what it will be decided to be by the SEC. You don't see the clear picture, nor the fact that every Bitcoin owner was telling you to stay away from XRP.

You don't want to miss the train and hold some alts when Bitcoin is moving. Your alts won't just stay stable waiting, they will be destroyed. Most are a scam anyway and don't have anything innovative. Quite a few have some developers that made millions and are more relaxed, trying to build what they promised, but this doesn't mean the price of their coins will keep rising. If these coins are not used for a good reason then their price will have less demand and keep dropping.

Something similar happens today with Chainlink, also with Verge earlier and many times lately in politics. XRP shills were sometimes catching many idiots that followed these shills thinking this was doing good for their investments and grown this scam too much. Usually, you will find these shills right at the top price, when the whales or the devs that run this shitshow want to dump. I'm more interested in the total collapse of the centralized Ripple shitcoin that had a sole purpose to create a diversion from the real investment that is Bitcoin and made so many people lose their money and their focus which should have been Bitcoin.

While we all know that Ripple is not decentralized, we can say the same for most altcoins. I don't see the decentralization level of Bitcoin in anything and this is what powers it. Anyone that claims we shouldn't speak of Bitcoin being decentralized should know that all other centralized attempts are failures and just have Ripple as an example. The only centralized currency a government won't harm is the one they create. e-Gold was shut down. The reason was centralization. A government could shut it down just as they can with Ripple and XRP. The real power of Bitcoin is decentralization.

Cashing out is up to you. What I would recommend as I am doing since this summer when the price was $10,000 it is to hold at least your profits. Many joined in the summer and made bets to buy at $10,000, today they doubled up. Why you have to cash out everything? Just take out the initial investment and keep the profit in Bitcoin forever, or trade with it, whatever you want.

I don't have any doubt about Bitcoin's long term potential and if there is anything I don't consider it is to cash out. Anyone that entered Bitcoin as an investment with an expected ROI then should follow logic and not just sell everything. Looking at the chart for the next year it seems it is possible to at least double again as demand is very high.

We see institutions, pension funds, banks, and even public listed companies being bullish and buying even at these prices. The risk to invest today in my opinion is still low even at this all-time high as there is no sign of pullback or even any correction happening.

Security, immutability, scarcity, p2p transactions are some of the features of Bitcoin.
The most important of all is decentralization and the effect of financial freedom it brought to the world.
hatshepsut93 explained the value of decentralization.
Somehow a few people mistake financial freedom with making a lot of fiat from their investment. I have seen that mistake made even from a big exchange leader.
What financial freedom means is to be able to do whatever you want with your money. To send them to absolutely anybody, no matter where he lives, no matter who he is and what he did, not wondering if the network will have a black list file, or a hundred rejection codes to give you.
Now if Saylor that traded Bitcoin in 2013, comes after seven years to say decentralization shouldn't be discussed because the big money doesn't like it, then I don't like the big money.

Don't worry about xrp, this is just a pump and dump altcoin.


This is up to you it is your money and whatever we reply should not influence you. You shouldn't ever though take a loan to invest in Bitcoin, altcoins, stocks, penny stocks, and gambling. Some people were so clever they thought this was a good idea

The rest of your post looks like you had the right idea when you started putting in Bitcoin when perhaps it was $10k this summer and you had some plan in mind. Now that price is double than you expected, perhaps you can invest half of what you had in mind.

What was your plan though? If the price was to reach $20k perhaps to sell half and keep the profit? This is something good but now that it is at your target what do you do? We can't know the future price or if retail fomo happens. Some talk about similarities with 2016 but we made a new ATH a week ago and just did a moonshot to $24k and there wasn't too much exposure in the news as I expected, or as happened in Jan 2017. Maybe after the covid vaccines and the end of lockdowns, the news will cover Bitcoin more and retail will join.

Liquidity in the US market is very high. Having so much cash lying around when inflation is expected to start rising and fears are for inflation to reach 5% means the prices of assets will keep rising. This recent rally in the stock markets is fueled by this liquidity and Bitcoin is becoming one of the top assets to hold as there are more companies exploring these avenues.
We have today Microstrategy, Square, and Massmutual holding Bitcoin in their treasuries. There will be more as probably banks are buying Bitcoin and some cryptocurrencies for their crypto reserves.
The message is clear when selling Bitcoin you sell to some funds, banks, and corporations that are not trading or waiting to dump. These are the strong hands as they will probably hold these assets for many years.

The point is that Bitcoin failed because only a few of us use it? It looks to me that it works exactly as planned.

In your neighbourhood how many people have heard of Bitcoin? Probably everybody as in mine. Even my grandma has heard of Bitcoin. The fact they haven't used Bitcoin yet doesn't mean they won't use it later and that Bitcoin has failed. Ask the people in Venezuela, Lebanon, and Turkey if they prefer their wage in their fiat currency or in Bitcoin.

Please make a more offensive post next time. Use higher fonts, use red colour too and try to be a little more imposing as you weren't enough in this. I'm not going to read anything else from you though.

Bitcoin is now a long way since October 2008 when Satoshi Nakamoto announced the creation of a decentralized electronic money system to the world, posting an abstract of the whitepaper and a description of Bitcoin to the cryptographer mailing list.

Bitcoin became known to the world since the 2010 slashdot article which was the first publication in tech news about Bitcoin. Many of the early miners and investors found Bitcoin from this article created by bitcointalk user "teppy" and discussed in this post.
Next for Bitcoin was the integration of payments by Wikileaks and the swarm that was heading towards Bitcoin. Since 2010 when Bitcoin gained recognition there has been an increased adoption initially as a payment method for online goods, Bitcoin enthusiasts even created physical Bitcoins with "casascius" ordered by authorities to stop minting collectibles.

Bitcoin has been adopted as a payment method by major corporations including Microsoft, Wikipedia, AT&T, Overstock, Subway, Twitch, Virgin Galactic, and lately many more through Bitpay, PayPal, crypto debit cards, and more payment processors, although not directly in these cases as first the transaction has to settle in fiat cash.
The legality of Bitcoin was in question all this time, especially after the adoption of Bitcoin in darknet markets and high demand during the Silk Road days made Bitcoin gain infamy.

During the years, some countries put a blanket ban on Bitcoin, and others introduced restrictions in the use of Bitcoin as a currency and demands for declaration of all cryptocurrency possessions to the tax authorities.
Coin.dance has the world map of current Bitcoin Legality along with more information about each country about the Bitcoin legality and classification with links to valid news about each government decision to legalize, ban or restrict the use of Bitcoin in their country.



We see that most of the world is green for Bitcoin although some countries have strict regulations and demand declaration of Bitcoin ownership, taxation, and KYC. Other countries have a loose legal framework that is still undecided.
Regulating Bitcoin was always a big question as the decentralized aspect and financial freedom is something that escapes the mind of governments that are used in a Central Bank controlled financial system with limitations and restrictions, that excludes billions of people from the world economy.
With the full adoption of the internet, decentralized in nature, although most of our actions are on websites that are controlled by a few big corporations, some governments fear the financial inclusion, privilege, and freedom the decentralized money is offering to 7.6B people. Bitcoin is exactly this, a means to control your wealth without a bank, a government, a lawyer, or a central party that will authorize payments and transactions.

In my opinion no matter where we live, laws and regulations can change so it is better for us to keep protecting our privacy.
Also, I really don't care if Bitcoin is classified as money, commodity, or any type of asset. It can be called digital gold or something else, what matters most is the decentralization part which is the vehicle to financial freedom. The security of the network, the open-source nature that allows validation of the code, and the strong community that supports and develops together with bitcointalk forum are all helping Bitcoin adopted and becoming accepted worldwide.

Bitcoin in a sense had a few different goals since it was released to the world and still, it is being treated differently by many investors. Some will say it is a speculative asset similar to stocks while others think of Bitcoin as a store of value that will help with extreme economic conditions like higher inflation or recession. Meanwhile, Bitcoin is also a form of money, a means of payment, and a method of transactions in a decentralized way. In my opinion, all this together is worth equal attention, and Bitcoin will succeed further without skipping any of the features it has shown so far.

Taxation will come as regulation and acceptance of Bitcoin is increasing. In my opinion governments when imposing taxation should also have in mind the risk of these volatile assets as governments are not participants whn prices drop or trades go bad. It should be a taxation on trading or investing when these profits are realized and not when you are holding Bitcoin or any cryptocurrency. Prices are very volatile and taxing when prices is high is actually extortion if there is no withdrawal in fiat involved.

For an unpaid version of this news, you can look at an earlier publication: https://www.wired.com/story/china-stakes-claim-quantum-supremacy/

The Chinese team posted their research in Science Journal:

https://science.sciencemag.org/content/early/2020/12/02/science.abe8770

Very technical as it explains the research which had a different approach from Google/IBM as they are using photons while Google/IBM superconducting materials for chips.

Neither quantum computer breakthrough coming from Google, China, or IBM has an application yet or can be used for anything. It is in embryonic research level, can take up to 20 years to have something that can be used.

Not going to happen unless Jerome Powell burns 90% of the dollars in circulation including the excess digits send to banks. It won't be going to worth more. Fiat is bad money haven't you learned that yet? You invest the bad money or leave them in the bank to rot.

Inflation is hardly striking during the beginning of a recession but it will not be too long before you will see rising numbers. You will one day wake up to news of 5% inflation and then panic happens.

I remember fees being extremely high in 2017 after the failed Bcash flippening. And later Ver admitted he paid transaction fees of thousands of dollars probably because he just wanted to send a message that Bitcoin Cash was used for buying a coffee and Bitcoin wasn't. It was co-ordinated for fees to reach this high as it was some publicity stunt by Bitcoin Cash and wanted to make a point during a time of retail fomo on Bitcoin.

Looks better than BSV.