Thanks for answers, I don't really doubt the security of encryption algorithms of TrueCrypt, what I really didn't like was that it asked me to insert password of my system in window that is made by TrueCrypt application itself, if I do this, application can basically take my password and send it to TrueCrypt developers who then can access my system and decrypt all the data or give information to all the instances from which I am protecting myself by using TrueCrypt
I know that might sound too much like a conspiracy, but, hey if you use TrueCrypt, you must be a bit that kind of a guy or a girl
P.S. I didn't liked much CafeNinja's podcast, for the technical podcast he delivered unbelievably small amount of information, first 15 minutes of his podcast were some ordinary government conspiracy shit, which was annoying because I had to listen to that to catch where he starts to talk about application itself and despite that I liked tone of his voice he stopped after every two words so it made his speech almost unbearable!