BTC

Gingerjake1993

Nah. I mean they have pretty much always accepted BTC so I’m not sure why we’re concerned now

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Post is by: Bcom_Mod and the url/text [ ](https://goo.gl/GP6ppk)is: /r/bitcoin_com/comments/1w4va5c/russias_stateowned_bank_just_said_itll_take/ [Sberbank, Russia's largest bank and majority-owned by the Russian government, is planning to accept Bitcoin, Ether, and Tether as collateral for loans.](https://news.bitcoin.com/finance/russias-largest-bank-sber-eyes-btc-eth-usdt-for-crypto-backed-loans/) A deputy chairman confirmed it in an interview ahead of the Eastern Economic Forum, framing it as the next step after the bank already issued its first crypto-backed loan back in December to a mining company. This lands on the same week Russia's new crypto law took effect, September 1, which lets the central bank admit crypto to regulated trading while capping ordinary retail investors at about $3,700 per broker. So the state is squeezing small speculators and simultaneously wiring crypto into the collateral base of its biggest, government-controlled bank. A borrower pledges BTC, gets rubles or whatever they need, keeps their crypto exposure, and the bank holds a censorship-resistant, sanctions-resistant asset that no Western government can freeze the way it can freeze dollar reserves. For a country locked out of large parts of the dollar system since 2022, an asset that settles without permission from any Western institution isn't a novelty: it's infrastructure. So, would crypto-positive Americans necessarily be celebrating this development? The exact properties that make Bitcoin useful to a US retiree, no counterparty, no central authority, borderless settlement, make it just as useful to a sanctioned superpower building a parallel financial system. Bitcoin doesn't care whose collateral it is. Sberbank knows that, which is precisely why it wants it. Regardless, Russia's rollout is cautious, and will be phased in through mid-2027. Sberbank is adapting existing products rather than launching a crypto free-for-all. Domestic crypto-backed lending in rubles doesn't automatically translate into sanctions evasion at scale, and the West has gotten better at tracing on-chain flows. A state bank dipping into crypto collateral is not the same as Russia settling oil in Bitcoin tomorrow. The US spent years treating crypto as either a threat to control or a market to capture, and the running assumption was that American institutional adoption would set the global template. Russia just demonstrated the other template: a sanctioned state routing around the dollar using the same asset. Every time a Western pundit says Bitcoin is "finally being tamed by the institutions," they should remember that Moscow's institutions are adopting it too, and for reasons that have nothing to do with playing along. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Top-Care-8946

As far as I understand the system if miners don't earn then BTC or any other crypto blockchains will cease to exist (in sense of they will become inoperable). Crypto owners can start transactions but if nobody confirms then traffic in blockchain will be overhelmed: Blockchain will be full of non confirmed transactions and that causes lots of problems. First of all it's not possible to cancel initiated transaction. So assets will be freezed on network until someone "releases" (confirms) transaction and funds will be overhanded to the new owner (recipient). So I think that mining will be functional and also profitable until there are active transactions because more transactions means more earnings for miners.

Quiet-Nothing7556

Just another trillion bro. I think if they slap five more abstraction layers on to BTC it'll become less confusing for the end users and will be more reliable than banks. SLASH S.

scrandlle

There is zero chance 1.4 in every 10 Americans owns BTC.

Born_Elk7497

Show her the USD/BTC chart. It’s much more jarring than the BTC/USD chart IMO.

No-Reading-4384

I have had BTC since 2016. I checked last month $160k now 21 dollars. All gone.

Clean-Gear-1386

They didn’t have capital and their bitcoin positions were in the hole for billions when they had to sell. AI says there average price per BTC is 75,412.

Natural-Contact-3875

Michael Saylor’s **last publicly disclosed personal Bitcoin position is 17,732 BTC**, separate from Strategy’s corporate holdings, at **an average purchase price:** **$9,882 per BTC.** **You have 800 USDT stfu**

drunkentoubib

My grand parents had to leave a country with 1 suitcase and no money. The family should have had collaterals in other countries of course. But BTC would have solved the problem. Partly at least.

IAmFitzRoy

“…which doesn’t happen with USD” ?? Inflation is literally the reflection of USD losing purchasing power (PP). We should not believe than when BTC price in USD goes up it’s necessary PP going up, it could be that USD is losing PP. Which I think it’s what’s happening recently.

UnionContent1691

Yeah the shrinking drawdowns are more interesting than trying to copy/paste an old cycle percentage onto this one. BTC is a completely different sized market now. I'd use the history for context and trade what price is actually doing. Moon.com is nice for that because the thesis can stay simple: bullish or bearish from here, size the wager accordingly, move on when the setup changes.

Public-Professor5270

Same. If the actual question is BTC vs ETH from here, I prefer expressing the underlying view directly instead of adding treasury-company dilution, mNAV and management execution on top. That's where Moon.com makes a lot of sense to me. You can take the BTC or ETH directional thesis directly and keep the trade about the asset rather than the corporate wrapper.

Xennenial

My bets are on Bitmine. Strategy operates at a loss, sure Saylor keeps the cash flowing with share issuance and BTC sales when necessary and pumps the balance sheet with BTC purchases at opportune times, but it has no net income. People forget that Strategy is a software company as far as its operations are concerned and it is a failing software company. Ethereum actually provides yields through staking. Furthermore, Bitmine is earning revenue by holding and staking ethereum for other institutions as well and will actually be turning profits. While this distinction may not matter so much to crypto native retail investors, it matters a lot to institutions who use extensive analytics to evaluate such companies.

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Post is by: lookoutcrypto and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1w4p1vb/watching_btc_defend_mid78k_into_friday_jobs/ BTC is chopping mid-$78k while 10y yields and Sept hike odds keep pressure on risk. Overnight low near $77.2k is the level I'm watching into Friday's payrolls. I built a small $5/mo whale-intel desk (Lookout) covering the top 50 coins for this kind of tape. Soft launch promo: code 20cash for 20% off -> [https://lookout-aaa-cb39.vercel.app](https://lookout-aaa-cb39.vercel.app) Not financial advice - just sharing what I'm using. Happy to take feedback. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

UrbanGrower187

All I know the more BTC I have the better off I have been over the time I have invested… There are lots of options for ppl like real estate bonds stocks etc. but I have all of these and haven’t done as well as my crypto stack sooo yup. I donno I like it more than my other stuff I own. But the key thing is I don’t ever really own my properties as well the bank and goverment can take that when they want bonds and stocks the same so BTC is the only think I actually own the rest is basically what the government lets me have

wmtj2

I also have been DCAing since Nov of 24’. I’ve had to sell partial amts for all sorts of reasons. I adjust my DCA level and keep going. I do not think we will regret this. Sats are on sale. How do I deal with disappointment in this asset class? I focus on long-term thinking. I remember the price of BTC being $350.00 & living paycheck to paycheck and wasting my money on nonsense. The truth, is I never had any excuse. I could have made the car payment late, bought btc, and caught up. I’ve wasted so much money on so many things that have zero value. Every time I buy sats, I’m empowered to be consistant and to keep the course steady.

HotInTheseRhinos123

There are ETFs that follow the spot price of BTC, making it part of the system.

BeGreatTodayOrNot

Well, one way is to look at the savings account and note its doesn’t drip in value. Then look at the drop in BTC and exchange uncomfortable glances.

ExpressCopy8786

Which it won't... Not any time soon. Liquidity is still in the shitter and will stay there for a long time.  And it never had the utility this guy trying to pump BTC is talking about. BTC will never be used as a means of exchange. 

Queasy-Ride4291

Spare me. BTC is up 10% in half a decade. 

AeonPeter

I would bet on Saylor and BTC :)

Vipu2

Shitcoins are the way to go if you are insider, close to them or get really lucky with timing to make big gains. So yes BTC is the way for most.

audiodesigndan

People who bought BTC at peak hype cycle have since committed actual suicide.

Meto_Kaiba

by talking IN PERSON to someone who knows more about BTC than I do!

Meto_Kaiba

I find it odd that the UK and Canada have the same # of "implied BTC owners".

zante2033

I've never been happier to invest in FTSE 100 knowing what's around the corner for BTC in terms of it's encryption armageddon.

Electrical-Cat-6660

Easy…you tell them to pick a product, any product from the grocery store. Write down its price back in 2009 and at the same time, write the price of how much bitcoin you could have bought with what they paid for that product, in BTC…then have them check how much BTC they would have in fiat today.

haggardphunk

Yeah, this. BTC is just part of the portfolio. OP’s sister is just as bad as the person that has 100% of their nest egg in BTC.

Dangerous_Yard_1852

If you wanna forget about it for years, BTC is probably the least complicated answer. Everything else needs way more babysitting

AutomaticGrape9263

Ooof... That just made BTC noticeably less attractive.

shaunj72143

I did this with ZEC but that was completely a (very) happy accident. BTC (possibly eth) is the only fire and forget crypto...even then, I'd personally wait til the next catastrophic crash (like the FTX collapse) to buy in. Just collect USDC/USDT til the bottom is in. Buy BTC, write down your seed phrase, stick it in your gun safe/safe deposit box, check back in a decade. Otherwise you're just playing in the casino (not trying to be a dick, just relating my own mistakes/successes

UrbanGrower187

Pretty sure their in the profit atm but I guess that doesn’t matter. All I know for myself is buying BTC everyday for the last 4 years has been the best financial pivot I have made in life. Let’s see what my account shows in the next 10-15 years. Pretty sure it will be up more than today. But again I don’t have a Chrystal ball just 16 years of price action to base my judgment off of.

Dependent-Ocelot908

Maybe. My reversal short trades worked but then after sometime they did not. But my BTC spot longs always worked

suuperfli

how would mstr go bankrupt? here are the numbers currently: 845,050 BTC (\~$66.6B) vs $6.75B debt and \~$14.9B preferred stock. \-Debt only: \~10% of BTC value \-Debt + preferred: \~33% \-Net debt after $6.71B in cash/reserves: \~zero

polymath_uk_

Does it mean total amount owned by country of the total BTC supply, or the percentage of the population that has any BTC holding whatsoever? 

True-Lychee

Source is here: https://x.com/willywoo/status/2094622849722163385 Bitcoin Total Users In this study of Bitcoin's adoption-S curve I've put together all the known studies of Bitcoin and Crypto Asset adoption here on this single chart. References and comments are below Glassnode The earliest studies can be found forensically in the Bitcoin blockchain. Glassnode clusters BTC addresses into individual entities based on transactional interactions. This is a reliable and high resolution view into the unique users until 2016 onwards. From 2016 onwards we started to see users adopting custodial wallets offered by exchanges without an on-chain footprint. Cambridge Centre for Alternative Finance The Cambridge Centre for Alternative Finance between 2016-2020 conducted three benchmark studies surveying the entire industry. Part of this study had lower bound numbers for unique KYC-ed users on crypto exchanges Reports: CCAF Benchmark Study 2, p33 CCAF Benchmark Study 3, p44 Crypto.com Reports on Market Sizing Well known exchange Crypto.com has conducted annual studies of market sizing. Their data is in strong congruence with prior studies from Cambridge and Glassnode. Reports: 2021 Report 2022 Report 2023 Report Triple-A Digital payments provider Triple-A conducted a study from 16 prior studies from various sources, they applied their own weightings to derive their figure of 420 million users in May of 2023. GWI Between 2020 - 2022 GWI conducted a global survey of web users aged between 16 to 64 for those that owned cryptocurrency. Their results seem optimistic when compared to the industry surveys conducted by Cambridge and Crypto.com. The results, if accurate, may imply a significant number of users do not have exchange accounts. Woocharts To build a continuous curve I have run an interpolation line through the following datapoints: 2008-2016 - Glassnode on-chain entities 2016-2020 - Cambridge numbers for unique users on exchanges, with a 13.6% uplift to account for Bitcoin users who do not have exchange accounts 2021-2023 - Crypto.com numbers for unique crypto users on exchanges, with a 35% reduction to account for Bitcoin-only users. This is because recent Binance research shows 65% of crypto users hold Bitcoin. 2024 onwards - projected from the last known annual growth rate

UrbanGrower187

You’re confusing the ability to **create a fork** with the ability to **change Bitcoin**. Miners can absolutely fork the software tomorrow and mine a chain with 31 million coins. Nobody is claiming otherwise. But existing Bitcoin full nodes would reject those blocks because they violate the consensus rules those nodes enforce. Increasing the supply cap would therefore require a **hard fork**, meaning the new chain is incompatible with nodes enforcing Bitcoin’s current rules. Miners don’t simply “have the vote.” They provide hashpower and choose which valid blocks to mine, but full nodes determine which blocks they accept as valid. If miners create blocks awarding themselves more BTC than the rules permit, nodes reject them regardless of how much hashpower produced them. For that inflationary fork to actually replace Bitcoin economically, users, exchanges, custodians, wallets, businesses and other economic participants would have to adopt the new rules too. Otherwise you’ve created another cryptocurrency/fork whose market value has to compete with BTC. We’ve effectively seen this principle tested before: disagreement over Bitcoin’s rules can produce competing chains. A fork existing doesn’t automatically make it “Bitcoin.” So yes, the 21M limit is ultimately software and therefore technically changeable. **No, miners cannot unilaterally vote themselves another 10M BTC and have Bitcoin holders’ nodes recognize those coins.** And economically, convincing Bitcoin holders to deliberately destroy the scarcity property that gives the asset much of its monetary appeal would be a very different proposition from a government expanding fiat supply.

CoinRabbitFinance

Hey! If reducing impermanent loss is the goal, I’d look beyond LP strategies rather than search for a slightly different BTC pair. CoinRabbit Earn, for example, uses a fixed-rate CeFi savings model with daily accrual and flexible withdrawals. There is no paired asset or impermanent-loss calculation involved, so it is easier to evaluate separately from LP returns using the rate, access terms, and custody model.

Open_Situation686

is that because BTC is essentially a religion at this point? It's value is only based on how much people believe?

_RFAML_

i just realized BTC is for nerds

dollyrar

I did this a few days ago. Made some decent money on it to pump back into BTC, but just seems like a heartache is on the horizon for a lot of people.

tenor_tymir

When did you deposit the BTC to your wallet? What device did you use to deposit the BTC? What wallet did you use to receive the BTC? Do you know the address you sent the BTC to?

shsususysgwhwisuhdhs

"Nobody gets to vote to create another 10 million BTC because the economy is struggling." That's not true, the miners have the vote. They can decide to hard fork the chain with a changed rule. This seems quite possible when the block reward gets too low. You can argue all you that the new chain isn't the real Bitcoin. And it's true it would likely kill the value of both chains. But if you position is that people with voting power never make bad choices, I'm not sure what to tell you.

MS_Bizness_Man

You can’t live in bitcoin. Having a paid for house is still a good investment but more importantly it’s peace of mind. I disagree with all of the prop about never owning a home. I HODL BTC BTW.

hodler1992

Just buy BTC and forget about it. Thank me in 10 years

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Post is by: lookoutcrypto and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1w4grhw/most_of_the_big_top50_prints_lately_are_landing/ Been watching large wallet moves across the top 50 for a few weeks and the pattern that keeps showing up is timing, not size. The chunky accumulation prints cluster in the last hour or so of the US session, when spot books are thinner and a big order moves price more than it would midday. You see it most on BTC and ETH, but the mid-caps get the same treatment with less volume to absorb it. Practical takeaway for me: if I'm sizing into something, I'd rather do it into the deeper morning liquidity than get run over on a late-day sweep. I track this in a small tool I built called Lookout ($5/mo) if anyone wants it - [https://lookout-aaa-cb39.vercel.app](https://lookout-aaa-cb39.vercel.app), code 20cash for 20% off. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Mikfinity_

There is no use case, it's the 21st century version of a store of value. What gets it solidified as a store is when more countries start treating it like Gold. Which is already happening sure, to a far lesser extent. Institutions are another story though, many have a progressive view on crypto assets which is why I think it's just a matter of time. Clarity act may help but once wealth transfers to the younger generations I think will be the green flag for universal adoption of crypto. Could be another 50 years under the assumption BTC is protected against quantum.

AYoungBulI

But to add to this, my analogy never explained why BTC or in this case pears are better. It just explained why inflation is bad for any currency.

No_Cat_8269

I’ll agree if you send the BTC first.

East-Lynx-4880

To me, the strongest argument is the independency and freedom BTC can give you. But for someone who just dont see it. I would try with: Consider, what if its not bullshit? What if Im right, would it realy hurt you, to have 1% of your savings or even just a hundred dollers in BTC? But in the end everyone has to do their homework themselfs. Dont trust, verify. Its all there, you just have to open your eyes...

UrbanGrower187

If a McDouble eventually costs $72 because the dollar has lost that much purchasing power, the important question isn’t how many dollars the burger costs it’s how much BTC you had to give up for it. If Bitcoin continues appreciating against fiat over the long term, the number of sats required to buy that burger could actually **fall while its dollar price rises**. So yes, someday a burger might be $72. The interesting question is whether it costs 100 sats, 50 sats or 10 sats by then. You’re measuring an asset with a fixed maximum supply in a currency whose supply and price level aren’t fixed. That’s literally the argument being made. 😂

AsherHayes6

Great math! Can't wait to buy a McDonald's McDouble with my 0.000001 BTC for $72.00.

poop-dolla

I get your point, but it kind of is a rounding error though. There’s over $20T USD in the current supply, so $20B is 0.0001% of the supply. There are around 20M BTC in the current supply, so that would be the equivalent of 20 BTC. For the total amount of BTC, 20 of them is kind of a rounding error too, right?

UrbanGrower187

That’s exactly my point though. Holding an asset doesn’t automatically protect you from currency debasement. I have three colleagues who bought detached homes around the end of COVID, put huge amounts of their savings into them, and are now underwater relative to what they paid. Their debt didn’t disappear just because they “own an asset.” The bigger issue is purchasing power. Canada literally targets positive inflation — 2% annually — meaning the dollar is expected to buy less over long periods of time. That doesn’t mean fiat is useless; it means holding cash over decades has a predictable purchasing-power cost. This is one reason Bitcoin has been such an interesting counterexample. Over roughly the last 15–16 years, BTC has produced extraordinary returns despite multiple 50–80% crashes. Fidelity Digital Assets notes that Bitcoin was the top-performing asset in **11 of the past 15 completed years**. And unlike fiat, Bitcoin’s monetary policy is known in advance: supply is capped at **21 million**, while new issuance is cut roughly in half every 210,000 blocks/\~4 years. Nobody gets to vote to create another 10 million BTC because the economy is struggling. Obviously past performance doesn’t guarantee future returns, and Bitcoin can have brutal drawdowns. But if adoption continues while new supply keeps declining, and the historical cycle of accumulation → halving/supply tightening → expansion continues, there’s a legitimate economic argument for BTC continuing to appreciate against currencies whose purchasing power declines over time. That’s my point: I’m not arguing that every house, stock or bond is bad. I’m arguing that **scarce productive or monetary assets have historically been where you want long-term wealth rather than sitting indefinitely in a currency deliberately targeting positive inflation.** Bitcoin has simply been the most extreme example of that thesis so far.

in4life

And then we’ll have a bear market to 80k and it’ll be BTC doomer cycle again.

dubble22

Follow the $ that runs the world. Blackrock for example is buying 100m \* plus of bitcoin all the time . A HYS account is ok for emergency funds but at best will match inflation. At least get 10% returns or you are losing. Another way to think about it is this example . BTC lows match Nividas highs… that is crazy value . Furthermore the financial market is shifting to blockchain tech through the use of tokens .. lastly once you give your $ to a bank, they own it and use it for their profits . Why not own your own $?

OkLaw1527

i think when btc hits 200k it will be BTC BTC BTC everywhere in all peoples mouth about it hitting 1M lol

UrbanGrower187

I think in a few years ppl will call him super smart to be buying so low but what do I know just been in the space for longer than two cycles and well BTC is always pushing soooo if you can’t handle the 50% dips you won’t be able to handle the 600% pumps. Best of luck DCA daily if you know what’s good for you.

slasssboad

Id start with Bisq 2 on desktop. Bisq Easy is useful if you have zero sats since it skips the security deposit, though expect smaller limits and a premium. Hodl Hodl is another browser based option. I keep trades small, verify reputation, avoid reversible payments, and send the BTC straight to my own wallet.

JacobCohen5

Easy to say 'sell your house and buy BTC' when you have a $5 Billion safety net to sleep on if Bitcoin dips 50%. If I do that and BTC crashes, I'm sleeping under a bridge with a seed phrase printed on a piece of cardboard.

LorryTick1

So, if you're considering buying BTC with a mortgage, it's a crazy concept, but people have been doing it.

exWiFi69

My BIL kept talking about how BTC was gambling and all that jazz. When it got down to $30k he was laying it on thick about how dumb I am. Funny how he stopped talking about it when it went to $100k. I don’t talk to anyone other than my husband about it anymore.

Capital_Jicama741

I mean remove BTC from the conversation. Why aren’t they already investing instead of holding a depreciating asset? Financial literacy is the basics before we even discuss a more complicated asset.

AdrianRamirez0

First time? Turn off the charts, go for a walk, and remember 1 BTC = 1 BTC. Zoom out and relax.

dxj_dxonjer

yeah, this is the annoying part with a lot of these platforms. buying crypto is easy, actually getting it out to a wallet is where the friction starts. If you’re doing this for a business, a proper gateway makes more sense. I’ve seen Inxy used for BTC/stablecoin payments and payouts at around the 1% mark, rather than trying to force everything through PayPal.

CoinGate_Gift_Cards

The more interesting signal is exactly what you pointed out: whether BTC can stay resilient when ETF flows cool off. If price only holds when there’s constant institutional buying, that’s not especially healthy.

Porcellanidae

I am satoshi and my wallet address is: 1FvzCLoTPGANNjWoUo6jUGuAG3wg1w4YjR This contains 50 BTC, if you can recover these you can have half the funds if you sent the other half to me.

quintavious_danilo

it sure if even 0.01% of BTC holders are going to see 1m crash to 200k

MooseLoot

Does it? If you asked the same with shares NVDA, the average person has no idea… I feel like average people are just not well versed with money period. It doesn’t matter whether it’s BTC or taxes or stonks

Common_Thought_828

BTC is a need to know basis. They need to open to hearing and learning about it.

Flashy_Set_1423

I would look for smaller independent businesses that accept Bitcoin directly supporting them feels more meaningful than using BTC through a large payment processor.

Existing_Key3458

Whitepaper writing beginsFeb 2005Pre-enlistment (still civilian)Enlists, U.S. ArmyMay 2006—RIP complete, joins 75th Ranger RegtFeb 2007Active duty begins in earnestDomain registrations for "Bitcoin coding"April 2007Active duty, Ranger RegimentWhitepaper publishedOct 31, 2008Still active duty (per timeline)Genesis Block minedJan 3, 2009Still active duty (per timeline)First BTC transaction to Hal FinneyJan 10, 2009Still active duty (per timeline)

EdisonP2857

Bart really said, “I’ve seen enough volatility for one lifetime”😂 BTC chopping around $78K after that run is basically the market testing everyone’s patience.

Hidden_Holder

We know some Satoshi addresses. Tell us what you sell or buy 0.01838465 BTC to see the new balance.

SpareEconomy1849

We all know BTC is volatile, comparing prices in a 1 year span isn't very useful

Angel-920118

1 BTC isn't much.

ColeIronHarbor

Nobody really knows if this is the bottom or if BTC is about to spike

Tall-Ad1293

Reddit sees “sold at 64k, bought at 78k” and immediately goes full portfolio manager 😂 MSTR isn’t a swing trader. The whole game is raising capital when the market gives them favorable terms and turning that into more BTC per share. Roast the structure if BTC/share stops growing. “He didn’t buy the exact bottom” is NPC analysis.

Grackal

By this logic, how much was a Big Mac in BTC this date last year, how much for the same Big Mac today?

espineze

Definitely! It may take time but BTC will surely hit the target of $1,000,000. According to many predictions like Telegaon and FlitPay, Bitcoin can easily hit the target of $1 Million by 2030.

Sapper_Initiative538

Should we be more worried about the way it can be banned/blocked ? Before you downvote me, i am talking about ways that govs will probably try to find, in order to block/bann it. Since after so many years and at such high value, BTC is not an decentralized universal official currency yet.

ackyou

I would say the halving that reduces the subsidy below 1 BTC is normal, as is the halving before it and the halving after it

Effective_Engine319

Anecdotally I went from eating stake and shake zero times per year to about two times per month because they accept BTC. I like using BTC as a currency and will do so every chance I get. Spend and replace.

Omaha_Poker

Mined at about 200 USD per coin. Lost 1.4 BTC on Poloniex, lost 0.9 on Celsius (should have learnt my lesson). Couldn't get a mortgage for a château in France and worked out that as a family we would have more memories in a house than I ever would with BTC on a digital wallet. I dreamt of having 10k in value, so once it hit over 1m I felt I had achieved more than I could have ever have imagined. Truthly thankful for everything, sad to have sold most my crypto as I am still a believer. 

HorsedickGoldstein

You don’t, and if BTC crashes I wouldn’t wanna be responsible for her lost money. Only invest what you can afford to lose. Someone with a lower risk tolerance may not be comfortable with the volatility. But TBH she should really be investing in atleast VOO

dowuu

Cool, now then people ~ let’s ask the real question here!. Is BTC going to surge in another 2-3 years from now!? With a new ATH?

AquarianAge144

Smart. If you have a Long Term Time Horizon. BTC is a Good Play. It only punishes short term initiates looking to get rich quick Like me. It punishes bad behavior or disloyalty.

Lefties_TheWorst7331

I just told you I have like 2 shares bud.. and fronting for people to buy it instead of BTC? Where did I do such? I'm simply explaining how the dilution mechanics work for it.. you're just making shit up though..

Kenesson-Ongute

I don't trust robots and scripts and I also buy twice a month. It's not much work to click a few buttons when I have spare cash I want to turn into BTC

Kenesson-Ongute

You need to understand what you are investing in and you also need to set some goals/rules you won't break when panic kicks it. That is why the best way to get into BTC is DCA and only investing money you are wiling to lose. If you invested more than you are able to withstand during downturns you are bound to make bad choices due to panic.

pipisgotthesauce

You feel weird only when you go over and beyond your budget. DCA only amounts you feel ok with and later on you can increase. Also you may feel like that because you haven’t put the hours to study BTC

MyWifeCrazy

Diminishing returns are rife here. It's seems crazy to say but unless bitcoin gets a real use case, it may not even break $300k until the mid 40s if ever. Unless the current usage for BTC changes from just being this investment and hope dump for many people, it will stall and stay stalled until it starts to heavily decline in value. I personally believe there are way to many ways for BTC to drop to zero before it gets even a sniff of a chance to reach $1m. I'd prefer it to reach $1m as I do own some, but I just do NOT see that happening at all.

MookieTheMet

Just let them manage their own finances, religion and political and ethical choices unless it has direct impact on you or if they ask for your advice. Imagine how the relationship would be right now if you convinced them to inveat their life savings into BTC last year at the ATH.

junkhead_7

>You can also pay at a lot of places directly with BTC. More and more everyday. Yeah, plenty. Like 1 shop every 100.000? Also, those who accept BTC usually operate with bullshit networks that require you to go through KYC regulations, which is a pain in the ass and kinda defeats the purpose of crypto as a whole. >When the economy inevitably crashes and there is a bank run, my wealth protected a lot more. Do you really think BTC will skyrocket when there'll be a crash? We didn't have a big enough crash, 2001 or 2008 like, since BTC was invented. I can't wait to see how it'd perform in a scenario such as those.

KanedaSyndrome

If she thinks investing in stocks is a nono, don't even get started on BTC

booyah-guitar-guy

Trying to convince someone about BTC is like trying to convince someone about god

tombola345

The point was that her money doesn't exist, that can't happen with BTC. You can also pay at a lot of places directly with BTC. More and more everyday. When the economy inevitably crashes and there is a bank run, my wealth is unaffected.

junkhead_7

What do you think happens if you convert all your BTC to FIAT? You get a bank transfer, if you're lucky your CEX doesn't try to slow it down or freeze funds. You then would still have to withdraw all your money from a bank anyway, if you want cash. So yeah, back to the starting square! BTC isn't the almighty solution you think it is, unfortunately.

Express-Economist-86

Sure but I’m not being particularly tight on numbers, no reason I wouldn’t do 25% of portfolio. I also have a good amount of dividend payers that can help me absorb and disperse shocks, and I will not only be holding, the BTC I took a loan on, I’ll still be buying and increasing my share of my increasing value asset. The thing I think is truly under appreciated is how few BTC there are. No one should be wanting to sell this. I’ve worked with elderly adults a while and *nobody* is ready for how long they’re going to live. Medical science is insane. Selling the underlying makes for dismal years with nothing to float you when you’re at your most vulnerable. Just straight life advice - find any way you can to get appreciating assets and then ways to never sell. Imagine a sea of old grey heads, some on respirators, all in cheap creaking wheelchairs, huddled so quietly you didn’t even know they were there - massed into a corner of a fluorescent-lit room big enough to hold a funeral in with a single flickering tiny TV. That’s an old person’s poor house. Knew right then and there, systematic changes aside - I never want that. Bitcoin sales get me closer to that life. Hell. No.