Most people don't want their daily things, like currency, to be "magical". They want them to work smoothly, without any problems, without any extra effort, without risks. Being your own bank is not some fun activity, it's quite stressful and quite demanding. Most people have zero clue about cybersecurity and cryptography, they at best google some advice on the Internet, which will often be quite poor if they don't put effort in their research.

You can always buy back later for the next bull run. And looking at the past performance, the price difference between bull market and bear market is quite big, so in the past selling all coins wasn't a risky decision if you sell late during the bull run. The biggest risk in selling all coins is that the price will keep going up and never fall down below that level ever again. To avoid this it's better to not sell early in the bull market and wait for the bull market to mature.

This poll surveyed 76 entities - it's not clear how representative this is, and whether they were chosen randomly or if they all are Binance clients. Also, the full results show that 33% hold coins in cold storage and 18% use hot wallets. This means that the responders use different storage methods simultaneously. And without knowing the proportion of allocated coins, this poll is not very useful. It could be that many investors hold the majority of their coins in self-custody while having a smaller share of their coins on exchanges for day trading.

The Internet can't suddenly break, it's very resilient. But if it will be gone, it would be because there's a much larger problem - a global thermonuclear war, a huge solar flare, total collapse of human civilization, etc. With those events money will no longer matter much, only your survival skills will. So if you are worried about such things, than try to get ready for them.

When you're looking at reward, you should also analyze it together with the risk. There's no guarantee that Bitcoin will even double its price. Or that it will go up at all. It might even be the first halvening when the price will fall. All we know that in the past halvenings meant bull runs, but we still don't fully understand why and how things will be in the future.

For a lot of people, guaranteed and predictable 10% growth  per year is far better than a prospect of doubling money in a year, but without any certainty.

Who cares what a shitcoin seller thinks. He's just scamming people who invest in web3, thinking it's the next big thing, but in a few years web3 will be as dead as ICO, NFT and all the other crypto trends. The only permanent thing in crypto world is Bitcoin, because Bitcoin actually has use cases in real world. Being an actually usable elecrtronic currency and a store of value is far more than any altcoin will ever achieve. Bitcoin doesn't need innovation for the sake of innovation, or more like for the sake of dumping premine, because Bitcoin is already being used by real people.

In some way it's stil a p2p electronic cash, because nothing stops you from using it that way. But the current incentives push most users to view it as an investment rather than a payment method. There's not a lot of places that accept Bitcoin, and fees might get high sometimes, and price volatility means it's often better to wait for a more favorable price.

Bitcoin's value does not depend solely on its use as a currency. People could avoid using it as electronic cash at all, and it would still be valuable because storing value for long term is also an important property.

If one of your password managers is compromised, chances are the other will be too. A keylogger could still the passwords to both password managers when you unlock them. To mitigate this you should use password managers with parts of your seed on different devices that do not share a common space that could infect them both.

Offline storage could be encrypted too. Wallet seed could require an extension word, or you could use a scheme that results in human-readable encrypted formats. This would solve the problem of having your coins stolen if the seed is stolen, but would add the problem of managing another key.

The worst part is that there's no escape from their clutches. Decentralized exchanges can't scale to support as many trades per second as centralized exchanges have, especially when it comes to crypto against fiat trades. DEX work great if you need to occasionally trade a small sum, but they are not suitable for day trading and high-frequency trading.

No one in Bitcoin community likes to talk about selling Bitcoin, because it's viewed as betraying Bitcoin. There's also an idea that we won't need to sell our coins and just buy things directly with them, but the problem with such volatile prices is that even if we could buy cars and houses with BTC, it's still better to sell BTC at the peak of the bull market, even if you'd have to pay taxes, because the price peaks last only mere days or hours.


These questions only look at the supply side, while ignoring the demand side. It's entirely possible to have massive selling of coins and the price would still go up because the demand is so huge, and the opposite is also possible - holders could refuse to sell and the price would still crash if no one wants to buy.

I think it's incorrect to label transaction count growth as network growth. Network growth is something like a node count growth, open channels growth, user growth. Transaction count is important, but it's not network growth.

Also, 6.5 million tx per month is an incredibly low number. Visa has 660 million per day. So the 1212% growth is not impressive, when you go from a tiny number to a still tiny number in the grand scheme of things.

You don't need to ask anyone, the full price history is available on many websites. You can clearly see a pattern that the price starts growing after the halvening, and typically 1 year after the halvening there's a strong bull market.


There were similar predictions in the previous bull runs that they won't repeat because people will be expecting them. And yet they repeated, but you can see that the relative growth is slowing down. There's no x100 returns like it was before.

In Bitcoin there are no vulnerabilities or exploits that can use dust transactions to somehow steal users private keys. In Bitcoin dust spam is used to make users accidentally use that dust in some of their future transactions to reveal more of their addresses.

Example: you posted your address on this forum but haven't used that address in a while and it has zero balance. You receive some dust to that address and if you don't do manual coin control, your wallet might decide to use that dust together with coins from your other addresses when you send a transaction. Now the attacker will know that those other addresses belong to you, because you used them in the same transaction.

The price represents the balance of supply and demand. By supply we mean the coins available for sale - not the total amount of coins in existance. By demand we mean the amount of fiat money that want to buy Bitcoin. The price goes up when demand is larger than supply. This can mean that either more fiat money wants to buy Bitcoin, or that less bitcoins are up for sale. Price fall is the opposite - more coins are up for sale, less fiat money that want to buy them.

Satoshi has only been active for the first few years, then he disappeared and Bitcoin since then is developed by the community. So we already have an answer to your question - Bitcoin keeps thriving and its for the better that there's no single point of failure and Bitcoin future does not depend on decision of one person, or the fact that something might happen to that person.

Are they putting the actual data on the blockchain, or only links to the data stored externally? But even regardless of this, the US government is not trying to purge all those documents from the Internet, they understand well how futile it is. They just ban it from popular channels because it's easier to order them.

And Bitcoin already has some illegal materials added to its blockchain - absolutely nothing happened despite similar concerns being raised in the past.

There's investing for preserving the wealth, and there's investing for increasing the wealth. Gold is mostly for preserving and slow growing. Risky investments like stocks or Bitcoin are for "becoming rich". But you can't expect them to grow infinitely. Best case scenario is that Bitcoin will eventually become gold 2.0 and stop having these big bull and bear markets and will grow slowly and predictably. Worst case scenario is that Bitcoin crashes hard when investors that look for high returns move on to other things.

Mempool is looking good for now, but I wouldn't call it victory. It will get clogged again, fees will spike again. If more adoption will be coming, fees will be getting higher because the space is so limited. This current moment should be used to consolidate funds or make some transactions ahead of the time.

There are global tensions, you can call it a global conflict, but this isn't a global war like WW1 or WW2. This is closer to the Cold War. Society as a whole doesn't seem to believe that Bitcoin is a hedge against inflation and economic turmoil - this was the narrative behind the last bull run, and still Bitcoin crashed and entered bear market despite the growing inflation and economic instability. So I wouldn't expect anything good for Bitcoin from global geopolitcal tensions.

In my book "cryptographic vulnerability" is the vulnerability of an algorithm itself and not its concrete implementations or software that uses it. Bitcoin has no such weaknesses as of now, because when everything is implemented correctly, the cryptography can't be broken.

But bad implementations lead to cryptographic attacks. One of such attacks can happen when the ECDSA algorithm is incorrectly implemented and it uses weakly random or static K parameter, which allows recovery of private key.