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I'm sure what you mean by "something happens". Discrepancies are almost always because of human error, like a bank teller who enters in the wrong SWIFT code for a wire transfer. There are no third-party humans involved in bitcoin transfers.

Bitcoin is not a competitor to the U.S. dollar in terms of it being a medium of exchange, so you can't really compare the two in that way. That's why the IRS has already ruled Bitcoin as property, not as a currency. I think this point is where a lot of people get confused. Bitcoin is not...

Even if all the machines facilitated nothing but buying Bitcoin, that would only be a positive for the price of Bitcoin moving forward.

I'm not sure what mechanism would cause bitcoin to gravitate to the small few you are referring to. I mean, there's always going to be someone in the network who holds the most. I'm not going to debate that at all because that's just life. But since the transactions are essentially peer-to-peer...

Within the last few years, 1,391 Bitcoin ATM machines have been installed in Europe to facilitate Bitcoin payments and transactions. That's a lot of machines so there's obviously a strong demand for the service they provide.

The supply hasn't been mined yet, so it is definitely growing and will continue to do until the year 2140. That's a lot of time for other people to get in and distribute the wealth, especially at a time like this when Bitcoin is trading at a significant discount to its highest price and pretty...

If anything you said was true, there would be virtually no uptake in Bitcoin usage by Europeans. But on the contrary, the adoption of Bitcoin in Europe has exploded to the upside over the last few years.

Your analogies are awful and are in no way realistic. Bitcoin is a distributed system. That's why it's trustworthy. There's no Madoff or Wizard of Oz behind the curtain that can screw everybody over. The code of the Bitcoin network is open source. Anybody with programming skill can read the code...

Although the miners won't be rewarded with bitcoin once all 21 million are mined, they will still be incentivized and rewarded with transaction fees by validating transactions on the blockchain. But since the last Bitcoin won't be mined until the year 2140, that's not even something to be...

It's the easiest calculation in the world. Think of the Bitcoin system as a global savings account that anyone on the planet can securely deposit money into. The value of one Bitcoin equals the sum of all deposits divided by the number of Bitcoins in circulation. That's it. There will ever only...

Yes, but again, when you say "guessing the solution" it almost implies that to solve the required problem, just have your computer throw out some guesses and you'll be rewarded in no time. That's just not the case. Here's an easy way to imagine what it takes. If I ask you, "I have a one-letter...

Your problem is you keep using terms like "out of thin air" and value "out of nothing". If Bitcoin could be created quickly by a couple of keyboard strokes or clicks of a mouse, then those terms you used would actually be true. So the reason why you don't understand how Bitcoin can have any...

For the sake of clarity, let's use Bitcoin as the standard when you say "crypto". So in terms of creating Bitcoin, define what you mean by "created out of thin air".

As long as the Bitcoin network stays secure and is not compromised in any way, I don't see any reason to sell it unless of course some other opportunity comes along that is more compelling. I plan to buy more if the price goes down and will buy more if the price goes up. In a perfect world...

I think it's important that I clarify some things here. First of all, I want you to understand my perspective on Bitcoin and cryptos in general. I'll do a Q&A with myself in an effort to explain my outlook. Q: Do you think governments worldwide will stop printing money over the next decade? A...

virtusa, whenever the time comes, can you let us know when your weekly chart says it's time to buy BTC? Thanks!

Here's the CSV version of the screenshot above.

The screenshots of my fills are starting to take up all of my computer screen so from this point forward, I'll just be uploading the fill history in CSV format from FTX.

This is my entire fill history for verification purposes, just so everyone is on the same page.

I will continue to monitor over the next couple of days and if the panic sellers are still jumping off buildings, I will buy more of SOL, BTC, and MATIC.