I bought the book today and look forward to reading it.
Can someone explain to me why BTC rallied and ETH didn’t (at least not that much)?
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coz eth is a scam
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Bitcoin is truely decentralized.
All the other coins are controlled by a few people who benefit greatly in loading of their stack in peak markets. ETH is basically controlled by the foundation.
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Take the squiggly lines from both graphs and you have what really is happening
Not sure if you meant this seriously, but you (as a Swiss resident) don’t have to pay transaction fees, since you don’t have to use Bitcoin. Paying your taxes is not optional.
This is a potential problem with many financial assets, not just BTC.
Even just 1 person can manipulate prices – Recall the pump scheme Elon Musk did on TSLA stock tweeting “Tesla private at $420. Funding secured.” – Many similar cases with short sellers claiming x,y,z about a stock just to tank it temporarily (which causes further panic selling). Although something most here won’t care about if they are DCA’ing VT.
Sastoshi’s wallet could move a bunch of BTC and that would be a massive rug, and likely be the end of it because it would cause a lot of panic / loss of integrity.
(I’m pretty sure the transaction fee “rewards” are larger than the mined coins “rewards” now - EDIT – NOPE; I was wrong – as @ThriftySquirrel pointed out in post 2483:
https://charts.bitbo.io/fees-percent-of-reward/
Will there be incentive by miners to maintain the network integrity (from potential attacks) in the future? Maybe a risk would be that the transaction fees become too expensive for mass adoption… I don’t really know, but I would think this would be determined well before the last coin is mined in ~ 2140.
Also what further regulations will come into play (and it seems the USA will be very crypto friendly for at least the next 4 years)
What also remains to be proven is if it will be used widely as “cash” (fiat) or a “store of value” (gold), or will it end up being another tulip mania.
They aren’t
We were discussing that just a few commenra above and I even shared a link. The sum of transaction fees are still a fraction of the block reward, even after the halving
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That’s true
Such things can happen with any asset. However since BTC is less regulated as of now, it can have more chances.
Having said that, I don’t know if such collusion actually happens in BTC trading or not.
For example -: Saylor is saying he would be raising 40 billion to invest in Bitcoin. One can say he is doing so because he believes in it. But what if this is being done to create a shortage of supply to push the price even higher?
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Wanna some Sunday Bitcoin shill…
(a bit too US centric for my gusto, but 49m$/btc by 2045 is)
So it converts to following
BTC market cap = 1029 trillion USD by 2045
And where would all this money come from ?
I don’t know, but have some idea…
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@Abs_max Saylor is definitely saying it to create a shortage of supply but he probably also believes in it, so both can be true at the same time. At the end of the day he wants to raise 21 billion $ for his company, and tell you to get in before everyone else does.
@stojano interesting, thanks for posting it. the forks clanking at the start while people scarf down his shill was just great 
- Also I wonder why he says that bitcoin isn’t subject to tax?
Does it make any sense to own some MSTR vs just owning BTC directly? Sounds like he is leveraging. Maybe it could be useful if you wanted some exposure in a tax advantaged account or are too worried about holding too much in your own cold storage?
I’m to dumb to grasp all the Wall Street sorcery. I’ll stay with the original not your keys/not your coins. I just hope, he keeps his promise that he’ll never sell again.
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What if BTC was a long term play by a secret service? Be it China or the US. The one that controls Satoshi‘s wallet - owns a weapon of financial mass destruction thah becomes more powerfull every year. Just sayin.
Just because BTC would be worth a lot of USD in this scenario, doesn’t mean either has much value anymore. Reaching high USD prices in this way would be meaningless (apart from gloating).
There’s still 21mio max and several mio lost. Does the Satoshi’s sats matter? In the long run, definetely not.
Mass destruction with 100% certainity is the fiat 2%++ inflation.
(if it was a secret service ops, well then for first time they did a good job for the world peace 
)
agree… and everything will be priced in btc (coz nobody wants to pay for the big mac with the 1mio usd bill)
Based on his random predictions which only he can believe, I think he might be delusional.
Gold after hundreds of years represents 1% of global wealth. But BTC in 2045 would represent 22% of global wealth (bull case)
But I wouldn’t be surprised that if he can create enough demand for newly mined BTC then the price can only go up simply because there wouldn’t be many BTC to buy.
And posts like this are alarming
btw on this topic. we can’t know the actual supply of Bitcoin because there is no way (i assume) to know how many have been lost. Large inactive wallets could be whales waiting to move or wallets whose keys have been lost forever.
if we can’t know how many Bitcoin there are available, how can we know the market cap? does that even matter?