i honestly don't think that would make much of a difference as long as the banks exist. you see it is not about what form of currency we use it is about the infrastructure and the corrupted system that a big part of the economy of the world is built on. and that corruption was the reason why the 2008 financial crisis occured and bitcoin on its own can not change that.

as you can see even though bitcoin is decentralized people have a tendency to go towards centralization sometimes. hence the existence of services such as Coinbase which is basically another bank in the making.

why does it have to be considered "most expensive"?  the dude had money and spent his money for a vehicle that he needed to use to go around. that is not something to regret, that is what "money" is made for. you are not supposed to hoard money!
not to mention that it was not all the money he had in the world so there is nothing to worry about when it comes to "missing out". he still had more money.
* money in this context means bitcoin

these types of attacks are not new! they have existed for as long as the internet existed. the basics of all of them depends on lack of knowledge of the people they target since it relies on them clicking on something, downloading something malicious,... and also sometimes willingly handing over their secret information, bank accounts, social security number, and bitcoin private keys,...

i seriously doubt that it has anything to do with what you just said here. of course it may be one of the hundreds of reasons that they did this but it certainly is not the main or among the biggest reasons.

i believe that the main reason they did this was because they didn't want to fall behind from the evolution that is currently going on. every real expert out there has already pointed out that bitcoin is growing and in the future it has a good chance of becoming a widely used currency. so any bank that starts getting involved with the "technology" even as a competitor would be 100 steps ahead of the rest of the banks in a couple of years that bitcoin grows and puts most of them out of business.

you have a good point here.
people sometimes confuse the newbies who started "something" on the internet as "companies". for example during 2017 we had a lot of newbies starting "fund manager companies" where they fooled themselves and a lot of other newbies into altcoin bag holding. obviously they all failed as the altcoin bubbles bursted.

how are you even making that conclusion/comparison? i say it is wrong to even compare the two. a bank is a place where you deposit your money to be safe there in an account and possibly even gain a fixed amount of profit per month. on top of that banks offer other services so their holdings are higher.
in contracts an exchange is a place where you only go to trade and withdraw as soon as you are done specially during market downtimes where there is not much movement.

the volume is lower obviously because of lack of adoption but also the bigger reason is because people don't really use exchanges that much. even if we reach mass adoption their volume and holdings should not be close to banks.

the only reason for limiting "dust traders" as in opening orders with a very small volume size is to limit the pressure on their databse so that they can't get DDoSed like this (maybe even unintentionally) but limiting people from placing orders at higher/lower prices (specially if the limit is 5%) is just ridiculous.

$1 million in about 1 year is not going to even be possible and anybody who says otherwise with confidence has no idea what they are talking about so they are either trolling for attention (in case of McAfee) or they are newbies who think they have understood bitcoin market.

we will surely see another boom pretty soon, most probably a new ATH in 2020 but it will be around $100k this time not $1 million. although that will also eventually happen.

i wouldn't be so excited about this until i see how it actually works. so far it seems like it is mostly hyped up. i have to check it out first to see if it is even secure or even if it allows us to have full control over our private keys or is it doing some sort of backup crap on the "cloud" messing up the true security of it.
not to mention that i can already have a pretty secure wallet on my android with an open source wallet like electrum and a dozen others.

it is not a prediction or future telling. it is an observation based on current ongoing events and all the history that bitcoin had. you don't need a crystal ball to know it either you just have to take a good look around to see the growth is happening all around you while more people all around the world start dumping their fiat to get bitcoin in return.

no you won't just make profit if you decide to "participate in day trading" without any prior experience. that is how people end up losing a lot of money.
to do day trading you first need to spend some time studying this market and gain some experience and then start putting some real money in and do trading. specially when it comes to altcoins that are purely pump and dumping so you need to become familiar with their signs.

you can't just say you are doing something while everything else including your actions are telling the exact opposite!

if you wanted to "increase awareness" then there was no point in creating those .xlsx files and there was certainly no point in creating that github repository either. all you had to do was to simply open up a topic and clearly explain what is going on and why it is a scam!

i don't know if he is joking or what but people who think like that are very bad for the market because of the irrational decision that they will soon make. they were waiting for a low price to buy (like waiting for $1000) then since that didn't happen they never bought. then the rise begins and they miss buying at previous low price ($3.4k for instance) so they don't buy and wait for it to come back and when that doesn't happen either they wait until it is too late (like when it is $4.5k) and then do a FOMO buy ruining this slow solid rise that we are seeing right now by pushing the price up fast.

Bitmain is not some investment company, portolio crap or something like that to be damaged because of "bear market"!!! Bitmain is selling mining equipment, has mining farm and mining pools and a couple of other ways of earning money and they don't exactly rely on market being bull or bear!

and they won't shut down! it is always the small miners with higher electricity cost that shut down and leave the room for big mining farms. and don't forget that bitmain is mainly a mining POOL that these small miners are connecting to.

it is inevitable for bitcoin price to rise. it is going to happen sooner or later as long as the adoption is growing you bet your ass it is growing! on top of that, prices like $4k are still way below the real value of bitcoin and it needs to at least rise another 2 grand before it reaches a more reasonable price level when we can call it normal and then start talking about further rallies. so far we are only getting out of the "undervalued" stage.

i am wondering whether any of those 49% who voted for no would want to change their vote now that price is getting closer to $4k and we are about to break it. this may not be the bull run and the break may take longer than normal but bottom is so far hit and long gone.

as the price inches towards the resistance at $4k the Fear Of Missing Oout is also building up. specially among those who fell for the FUD and have been waiting for dumb low prices just because someone on the internet drew some lines on a chart for them.

i still think we are going to see an initial leg up to $5000 if we see some positive signals on the charts because of the starting FOMO of the newbies.

then you have just underestimated how deep his greed and how long his plans were for milking this "I am satoshi" nonsense.
it is just getting started. just wait for the shitcoin pumps to begin and you will see how the social media is going to be filled with his paid shill army praising him...

i am not saying people are going to buy more bitcoin i am saying more adoption means more people and more bitcoin is being bought in total.
for example if we have 100 bitcoin and 10 people buying it, price would be at $1 with adoption the number of people grows to 50 so now there are 50 people buying 100 bitcoin and with it price goes up to something like $3 and so on.

that is what adoption means not the same 10 people buy more shares of the same 100 bitcoin. that is called being at a cap and no more growing.

these two statements are contradictory.

if we get more adoption then price will rise. to put simply you can't expect more people buying bitcoin (more money coming in) while price stays the same!
"fundamentally" when adoption grows, the price grows with it.

as for the two views i don't think we can stick to only one specially as i said the second one is flawed already. i don't agree with the first one but that is what happens most of the times! it sometimes doesn't matter what I think, but it matters what the majority in the market think.
for example when they thought the 2018 bear market MUST be similar to 2014 then that is exactly what happened! whether i believed in the "past performance is not indicative of future prices" or not.