BTC

CoolJoeLiam

The key factor that separates most exchanges from the good ones is how much are the fees to get the exchange... A 2.5% "bonus" is reduced pretty quick when there are no custom send options to move your BTC (i.e. self custody in cold storage). Last I checked RH charges the highest "miners fee" and gives no speed/cost options to transfer BTC. (and no Lightning option either). Gemini, Coinbase are similar to RH and I avoid them as well. Strike, River, CashApp and Swan offer good send options. Kraken Pro has free LN transfer so it's one of the few non-BTC only exchanges that are above average. Ultimately, cold storage is better than the risk and extra fees to try for 2-3% bonus/interest imo

McBurger

The value of the remaining BTC goes up and I reckon people will get a lot more damn careful about losing their sats. Death of lonely single people with no one to inherit their seeds would probably be the main driver of think

DangerHighVoltage111

Saylor said if he ha one wish it was that Bitcoiners go after gold not the dollar... Multiple BTC devs have stated BTC is hard to spend and people should use credit cards.... There is a general sentiment that you do not spend your Bitcoins. LN failed and no one cares. Idk maybe you in an OG circle that is still aiming for p2p cash, but I don't see that in the general narrative.

OkSeries5363

Ah you are confused, my point is not whether the current administration could try to seize assets, it is that whole goal and legal basis are vastly different from the 1933 gold situation. You point about stealing bitcoin as proxy for printing highlights your misunderstanding,  You asked why they don't just steal BTC to print money. Seizing bitcoin is not printing money. Printing money expands the monetary base, selling seized BTC is just asset liquidation. It does absolutely zero to increase dollar liquidity.  So you are saying steal all the Bitcoin and sell it all, creating massive legal and political issues, without even increasing the dollar liquidity? How is that like the gold situation? Also It's not up to the president, it's up to Congress. And you are forgetting we still have the supreme court, and the constitution. The 1933 gold seizure was only legal because congress authorized the president to use a wartime act, called trading with the enemy act. To seize Bitcoin today would require a new, massive, and politically disastrous act of congress to steal assets not tied to the dollar's value, which would face an immediate, massive challenge in the supreme court. The legal and political precedents are simply not comparable.

GreenRapidFire

Yep. Solution: Switch to BCH instead of BTC

changework

You’ve got it backwards; BTC is absorbing the institution

evandollardon

I've got like 40% BTC 20% ETH and 40% NEXO, SOL, ADA

PrimeIntellect

Most people who own BTC are the same

CheapChemistry8358

The majority of people lose money with Bitcoin so what you said holds true only to the people that sold their bags at a higher price. Also inflation adjusted BTC is the same value as 2021 BTC ath.

stellarfirefly

Miners would make fewer Bitcoin, but that doesn't mean they wouldn't gain significant mining value. If a miner were to make only 0.01 BTC from a block, but that single BTC were to exchange for, say, $100M USD (to take some extreme examples), then the value is still quite there. Of course, in that amount of time, all mining rewards will come from fees. So the real question is, will Bitcoin be popular enough that it will generate significant enough fees for miners to maintain interest? My personal guess would be yes, but all we can do right now is make educated guesses.

dirtsmurf

Redditor for 1 week Named “BTC” Rehashing decade old FUD

Androoboodro

I’ve heard this mentioned before and it doesn’t make sense to me. I too was under the impression 0.00000001 is the lowest possible value BTC can be reduced to, making the scarcity argument relevant.

Gandzilla

There will never be more than 21 million BTC, but every day there are a few less

GodblessBTC

Ok but your scenario is ***assuming*** that Bitcoin's price keeps rising every year. In that case then yes miner's won't care because bitcoin would be so much more valuable even tho they are getting less bitcoin as compensation. But let's assume worst case scenario that 400 years from now Bitcoin's price becomes like gold where it only keeps up with inflation. Meaning 400 years from now 1 BTC is around the same price today after you adjust for inflation. Then what happens? Since there are wayyyy less transactions due to 90% of bitcoin's being lost, miner revenue naturally decreases which naturally leads to a big big drop in the hash rate. Is there a solution for this? Cause to be honest Bitcoin's long term security shouldn't depend on the price increasing every year.

geniusdeath

Sorry can you explain your question in more detail? Bitcoin continues to get scarcer as times goes on, and those holding it will increase their wealth. As in the above example if you continued to hold 1 BTC through this case, your wealth goes from 5 to 100 without doing anything. Obviously this is an exaggerated example but this is what is happening irl, some bitcoin is being introduced into the system as mining rewards but on an overall level it's pretty consistent and long term will go down as mining rewards decrease and people bitcoins get lost.

gbuu

The fixed amount of Bitcoin doesn't matter. Value (of an fraction) goes up and down on a whim and it's impossible to do any kind of price tags for anything in BTC as what 0.000001 btc is tomorrow worth might be very different to what it is today. (Institutional) holder sells a billion USD worth of bitcoin? Bitcoin value in USD shoots immediately down having an effect on the total bitcoin market cap magnitudes larger than the amount that was sold. It is not a strong sign in my opinion.

mille8jr

Find a BTC babe. They exist.

Eziekiel23_20

Since I was able to buy into Greyscale BTC and ETH Trusts through Vanguard before the ETFs were approved/official, I’m happy I should be able to sell and buy back in if and when I choose now. Haven’t verified but good news to me.

Dismal-Birthday6081

I don't get it. He told people he has 1 BTC and someone gave him a castle?

geniusdeath

That's not how it works. Let's say there's 100 units of wealth in this world. And 20 Bitcoins currently. That means each bitcoin is worth 5 units of wealth (assuming we have wealth and only bitcoin as a medium to transact) If in the future 19 Bitcoins are lost, then 1 bitcoin is worth 100 units of wealth. Bitcoin itself is not wealth, it's just a medium that's why when bitcoin is lost, wealth is not lost. Real wealth is physical like real estate and capital. Now let's come to miners. In the future miners will mainly depend on the network transaction fees. Yes if only 1 bitcoin remains, then there will be less volume of transactions in terms of BTC. But not in terms of wealth, because bitcoin is divisible. 0.1 BTC in the future will be what 1 BTC is worth now. So yes miners will also earn less BTC fee, but that BTC itself will be a lot more valuable (refer to above wealth example).

wtftocallmyself

Op read this again. Crypto is for fools. BTC is the way.

No_Hour6830

My net worth isn't anywhere near 100 BTC, but I've done it a couple of times. I've had some other luxury experiences in my life: super luxury hotels, michelin star restaurants, luxury cars, been on a yacht once. There is nothing even close to a lie flat seat on a long haul flight. The difference between first/biz and economy is what really makes it special. A doubletree hotel is perfectly fine. A burger from shake shack is delicious. A honda accord is perfectly comfortable. An 8 hour flight in economy is awful, in business class I look forward to the flight. Being able to take your shoes off, get comfortable, lay down, I can even side sleep with how much space I have. It's so damn expensive but it's so worth it if you can afford it. Like I said I've only done it a couple of times because of points or getting a deal on an underbooked flight. But it's something you should try at least once if you are financially comfortable.

AdAcrobatic4002

Check out sofi. Will be able to hold BTC and usd simultaneously- one a savings technology the other for day to day spending. Incredible

keepcalmstackon

Bought .1 btc off ebay on a paper wallet for $20 when I was accumulating silver and wish I had held it. Ended up selling it to buy 1/10th Oz of gold at the time thinking it was a good profit and move 😑 If BTC ever gets back to 20k or so I'm getting back my .1 btc and if not at least will try and one day get back to at least being close to it

OldHamburger7923

It's called the super cycle when the 4 year cycle no longer apploes. And no one was serious about it in past cycles. This time feels different for me. Very few people involved believe BTC is heading to $0, and if you don't believe it dumps to nothing, you have no reason to offload it cheaply. I don't believe we see a 70-80% dump this time. And I've been involved since the start.

JeremyLinForever

I think you should stack more BTC and MSTR. They will both decouple from the traditional finance norm altogether.

Seattleman1955

Bitcoin didn't get "completely absorbed" try traditional finance or anyone else. Regarding the MSCI index, MSTR probably should not be in it. These discussion would be more interesting if people were more focused. It doesn't matter what MSCI does or JP Morgan. BTC is what it is and as long as it is useful and serves a purpose, it will be fine. I am surprised that not enough people are focused on the flaws with the MSTR model but people don't want to hear it so most discussion are going to be shallow and fanboy like.

sparcusa50

Strategy is selling at an 11% discount to its BTC NAV. Buy, Buy, Buy

EcstaticCell1511

2028 $9000 = 0.01 BTC

dee_lio

I think it's a negative. I foresee a lot of companies trying to sell derivatives and IOUs, followed by another large rally, then a black swan event causing a run on BTC, and with all the derivates with no BTC to back it up, causing a massive collapse and loss of faith in the system. Basically, BTC was a hedge against the financial institutions that will literally blow themselves up. Now it's part of the problem.

Lostwithsight

The hedge funds will use derivatives to short the price of paper btc. This is how they gather income while surpressing price. I am currently selling all positions in my etf accounts. This is why MSTR has such a low price. If you feed the etf's you are part of the price supression. I am a fan of BTC! I am sick to my stomach seeing what wall street has done to a perfect system. As you go on your journey this will become obvious.

VariatCA

If the markets remain steady and continues confidently without any heart attacks before next Wednesday's FOMC, ETH has a lot of room to outpace Bitcoin's recovery. Simply catching up to the same -ATH% compared to Bitcoin right now at 93,500 would put ETH at about 3600 (down around 26% ATH). Though looking back on November, the last time ETH was floating around 3600 was when BTC was closer to 105k... which is also coincidentally the same percentage jump required for BTC to reach 105k and for ETH to reach 3600 (around +12% more for both). Though ETH still has a lot more ground to make up.

Lostwithsight

No! However if they store it and dont trade BTC then price appreciatuon will happen. The main idea is to never have gov or banks involved. Looks like we are not going to be hitting the mark on that one.

Lostwithsight

The hedge funds will use derivatives to short the price of paper btc. This is how they gather income while surpressing price. I am currently selling all positions in my etf accounts. This is why MSTR has such a low price. If you feed the etf's you are part of the price supression. I am a fan of BTC! I am sick to my stomach seeing what wall street has done to a perfect system. As you go on your journey this will become obvious.

SpicySandTroll

It is unclear, but I think (at least for the current one) the four-year cycle is self-fulfilling. Everyone (including me) was holding out hope for a blow-off top to end the bull run. Since that hasn't materialized yet, many are panic selling to front run the bear market. That, plus the fact that altcoins and meme coins have shit the bed, has disillusioned everyone but the Bitcoin maxis. And word is that much of the BTC downward price action is due to long-term holders cashing out. In the face of these obstacles, are we going to be able to gin up enough enthusiasm to send everything to the moon? I suspect not, but it's always a remote possibility.

TheFudge

Couple of tips. Don’t ratchet that debt back up, and what you were paying towards CC payments put into BTC.

Important-Purple6136

BTC currently has a market cap of ~ $2T. The big tech stocks are ~$15-20T. To get as big as them, it would still need to 10x Then consider the gold market cap is around $30T. If you consider that they are now recommending to allocate 1-4% of portfolio and that will likely increase in time, then consider what total pension and portfolios values are. Will we see the gains like in the past? No. Are there still significant gains to be had? Yes.

Lostwithsight

Bitcoin is in serious trouble. Gold and Silver has been manipulated by banks. And look at there Market Caps! We all know Gold and Silver should be much higher than today's price. The only reason they are breaking out is due to people taking physical ownership. This will be the same situation for BTC! I can only hope people and governments take it off exchanges so we can see the true price.

GodblessBTC

Why don't you just transfer bitcoin to your parents BTC address and then ask them to sell and send you the fiat.

inShambles3749

It was kinda logical that this would happen. It didn't change BTC though. Educated people or simply people who value decentralization (basically none unfortunately) will still buy BTC for themselves and selfcustody

GodLovesYou-

So what happened to my BTC i bought with my Robinhood app!!? I can only access it now by going through a Robinhood wallet third party app!? But I bought it on Robinhood. Bittersweet because in a way I’m happy HOOD is slowly separating itself from BTC ties as they grow as a company!

road22

With all the leverage (billions of dollars betting on the price of BTC), the price of BTC will flow towards the max pain of leverage. Totally forget fundamentals and TA charts. Just expect the opposite. If Fed lowers interest rates, expect BTC to do the opposite and dump. Maybe one day all the degenerate leverage gamblers will run out of wealth and everything will normalize.

L0n3W01f_

I am also seeing the same but only for BTC. All other crypto updating correctly

IvanRuiiz

Thought I was the only one. I can’t even see my stats. On my account I see a message at the bottom that says, “BTC isn’t tradable in Robinhood crypto. Only real-time market data is available. Explore Robinhood Wallet instead.” On my wife’s account, who doesn’t own any BTC, I can see data and option to buy crypto. This is interesting indeed.

oak1337

Bitcoin started as a "global currency" and switched to "store of value" when it was realized it couldn't possibly handle the volume. Lightning was announced like 10 years ago and isn't coming anytime soon. Hedera Hashgraph actually solved the Trilemma. ABFT security (best mathematically possible), unlimited scalability (add nodes/shards = add scale = linear), and it becomes more decentralized as it scales (more nodes as scales). Most systems centralize over time, like BTC (3 mining consortiums have >51% hash power, 5 devs control the source code, whales control the supply, etc). HBAR is being implemented in Quantum Security Tech Stacks. It's modular by design for easy upgrades as needed. Full source code donated to Linux Foundation. BTC = crypto 1.0. ETH = crypto 2.0 ETH L2's + 1,000,000 other chains = crypto 2.5 HBAR = final version, 100+ year technology, crypto 3.0

MrTheWaffleKing

I’m not sure it will swing so drastically once it’s worth another digit. I attribute the swings to uncertainty in the market, if 1 BTC = 1m USD I doubt much uncertainty will remain

Ragged-but-Right

credit score keeps going down but at least my BTC keeps going up!

Look_Up_Here

Were BTC ETFs available to Merrill customers?

ProfessionalNaive601

Yeah tax evasion isn’t even the point. BTC is private and anonymous until I open my ass for some stupid fuck company

Mntsofthemoon777

In my humble opinion from working in IT for the last 10 years, I believe anyone who ignores all blockchains but BTC lacks vision or a fundamental understanding of where blockchain technology is going.

Ragnogrimmus

Most likely BTC is going to sky back up after next week. Prediction 122,000 by Dec 31st

Happy_Discussion_536

Maybe ETH but I could see every alt getting obliterated and BTC surviving.

Intrepid-Gas7872

Yes if I bought $5 worth in 2010 I’d have 1,000 BTC but no use losing my mind over that now.

MaximumStudent1839

I am going to call this cycle, “the Great OGs Exit” cycle. It is clear the OGs are exiting on mass and funneling their early gained wealth to outside of crypto. They probably used to old games of funding BS projects and then expect huge r/r in the public markets. It is why both ETH and BTC are crawling so slowly upward despite we see so much institutional inflow. How does it all fit in? They think these OG whales are exiting via these market makers.

Big_Information_7392

The Coinbase credit card. I don’t plan to put anymore cash in, just get my % back in BTC

Fresh-Soft-9303

really? we're down to name calling? right after an "intellectual" argument? it's more like you're a banking industry bot trying to talk down the BTC just because people are adopting it at a high rate. Let me remind you, your little brain resorted to name calling... typical toddler that refuses to grow up

NOIRCEUR_TRADING

Just ran calculations across Strike and River. From June 2019 to current: #3.35₿ Bought #~$120,000 Spent #Average Cost per ₿ is ~$36,000 That's just from my DCA'ing, it doesn't include when there were huge dips and I smash bought big. Like the Tariff Crash this year I was able to buy a whole ₿ for $79k. Now Strike is even offering loans that are backed by your BTC, so it's even more reason why I'll never have to sell any. The Interest Rate is sub 10% but when you factor in the taxes lost on the same size of ₿ sale, you still come out ahead by borrowing against you ₿ vs selling it. That said, Securities Backed Loans have an even lower Interest Rates and longer pay back periods so I've stuck with those so far.

Ark3tech

Yes, but the nuance here is, if you put $10k in back when it was $1K you’d have 10BTC vs 0.009BTC today.

DBRiMatt

BTC dominance dropping! Wen alt season? xD

VariatCA

Nikkei-225 steadily climbing back up, U.S. stock indexes are just a couple percent from their highs, CME Group has the Fed Rate Cut odds for a cut next Wednesday inching up a few more notches to 89%. Meanwhile, Crypto is entering its third week since the November lows, with BTC up 16% and ETH trying to breach 3200 to be +21% from there. Bitcoin is flirting with being YTD-green, and this is slowly but steadily enticing ETF shoppers to more confidently return to their investments.

brandon_cabral

bro wtf 1.22 BTC today will change your life by 2035

ObviousTie4

i have the following strategy: if the market is up or sideways, i just keep adding cash to the exchange account. this increases my budget every month. i dont actually buy BTC at all. If bitcoin goes down 20% or more, every 5k drop i buy 20% of what i have in cash for each dip So when it went from 125k to 100k i bought 20%, then at 95k, then at 90k. i have an order at 85k and 80 k set for the 20% of what i have now after the last purchase.

steebulee

2 days later. BTC crashes to $86k the bear market is official.

-GrizZz-

BTC, ETH, LINK, SOL. Honorable mention, Hbar.

RetiredAvocado

Read the FAQ post. Avoid anything having to do with mining. That's probably not your BTC address.

OrigStuffOfInterest

Mined my own back in 2014 and never sold. Tax hit on my 5.9 BTC will be epic when I finally do sell.

pablo_in_blood

They’re trying to say that a common refrain has become ‘even if BTC will continue to rise, it’s not going to go meteoric like it did in the past, so buying $9k worth (I’ll confess I don’t know why they picked that exact number) won’t yield life changing gains.’ They are saying that even a ‘small’ purchase could still make a huge difference over time.

DrAhzek

Yeah, people here have a bit too high expectations at this point. Looking at rough data - BTC grew by +389% over the last 5 years. Amazing? Yeah…but it will be more and more difficult to grow from now on so we will probably see next 5 years to be around 250-300% at best…and then 150-200%. Now, what has growth in that range? Semiconductor ETFs grew by 240-300% over the last 5 years as well. Nasdaq ETFs by about 100-120%. The point here is - BTC is reaching a point where it’s about as effective wealth maker as your tech etfs. It will be great but forget about generational wealth at this point unless it drops below 50k for some reason or you start speculating…

MariachiArchery

This is gonna be a good lesson for all the new retail folks that jumped in, then out, during this latest BTC 'crash'. This shit will be back to price discovery before we know it.... then back down again lol.

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thomas2026

So if someone offered to give him 1BTC he would decline?

Due-Candy-8929

It is not just BTC, it is ETH XRP and SOL as well! :O If anything this is even bigger news for the other three, as their market caps are far smaller, and it takes a lot less money coming in to them to see high % gains

A3333Z

Oh the discreetness — I get that! What’s your average cost to mine one BTC? Close to $55-60K?

imfuckinglying2u

BTC is practically a shitcoin. PEPE is the future of finance. Love PEPE. Embrace PEPE. Be ready for the future of humanity under PEPE's grace.

Due-Candy-8929

I believe that other coins have much greater potential for higher percentage gains than bitcoin at this point.... Bitcoin was a once in a lifetime opportunity, but the percentage gains become less and less each year, while those who bought early cash out for insane ammounts of property etc... Volatilty slowly dies down - more conservative investors start to see it as a safe investment and we get a measly 10% return a year.... All in emotional trading can be a red flag, and set you up for failure - diversifying your investments creates possibilities... Even if BTC does continue to perform wallets can be hacked, exchanges can crash, passcodes can be lost, and just sitting around waiting for 'when moon' sounds like a boring way to live life - being 100% invested also multiplies the pain and fear from every major crash, and the vast majority of emotional traders will sell out before the big green candles - Why not invest in yourself as well? Put money into starting a business and create the job / future / life you want?

Agile_Imagination938

BTC will moon as hard as Brock Pierce and Epstein scammed for $334M

Arijan101

Honestly? A whole lot of word salad, seasoned with certain pick & choose facts,salted with speculative guessing and peppered with a whole lot of useless data. The only thing I can agree with is that retail interest is indeed dead. The truth is way simpler, Crypto was always controlled by a few big players who hold the majority of the supply. At the beginning these playera were only a few big whales, mostly large mining operations, who generally sold most of their mined BTC before the halving, and hence the 4 year cycle was born. Later large centralized exchanges and a few big buyers, entered the game and took over the game. Now large institutions are entering the game, and at this point nothing has really changed except for a few players at the tippy top of the pyramid. But the catch is, they still need more and more retail investors (ordinary people) to buy in for the whole thing to function. But, this is getting harder and harder because crypto is a zero sum game, meaning that for someone to win 100$ someone else needs to lose 100$, and thus so many retail investors got absolutely wrecked so many times that they're out of the game completely. And every person that got wrecked learned a valuable lesson the hard way, and that lesson is that that crypto was never about the technology or building a better, more decentralized financial system, banking the unbanked all of those narratives are just stories meant to lure as many people as possible into a centralized ponzi scheme meant to squeeze as much money as possible out of them, by playing on emotions such as greed, ego stroking and delusion of grandeur, so that the big players can make more of the "filthy" Fiat currency. After (almost) 2 decades of existence,crypto and Blockchain technology have yet to generate any real world use cases. It's proven to be nothing more than a solution in search of a problem with zero intrinsic value. The only reason why people (and institutions) still invest is because of a potential future profit, which never materializes in most cases.

HemiSync

I should have mentioned that’s EST. lol Forget sometimes that people live in different time zones. I also setup target purchases at every $1k that BTC dropped below $100k down to $70k. Was great watching them go off recently and still waiting for the rest of them to trigger.

bitusher

>because it's not working as a peer-to-peer currency. This is a lie because I spend Bitcoin almost every day as money >Is there any other use case smart contract platform , timestamping ledger , p2p money , investment asset , payment rail >Transaction costs? My fees are a 1 penny to spend BTC for instant confirmations when i spend my btc I prefer using Bitcoin when I spend money for these reasons : The benefits of this are 1) never worry about ID theft or cc fraud 2) Never worry about being overcharged or double charged 3) some merchants give me discounts because they save on merchant processing fees 4) Bitcoin does not have fx fees or worrying about the spread when I travel 5) easier to secure than fiat 6) supports my investment when I support the ecosystem making it more likely to appreciate in value 7) very private (of course I dont spend onchain as that would be absurd) 8) Just as easy to use as a credit card and if a merchant doesn't take bitcoin (I can already buy most things for bitcoin ) than I can just spend fiat as I am not forced into the false dichotomy of only using Bitcoin or only using fiat and can use both

bitusher

>because it's not working as a peer-to-peer currency. This is a lie because I spend Bitcoin almost every day as money >Is there any other use case smart contract platform , timestamping ledger , p2p money , investment asset , payment rail >Transaction costs? My fees are a 1 penny to spend BTC for instant confirmations when i spend my btc I prefer using Bitcoin when I spend money for these reasons : The benefits of this are 1) never worry about ID theft or cc fraud 2) Never worry about being overcharged or double charged 3) some merchants give me discounts because they save on merchant processing fees 4) Bitcoin does not have fx fees or worrying about the spread when I travel 5) easier to secure than fiat 6) supports my investment when I support the ecosystem making it more likely to appreciate in value 7) very private (of course I dont spend onchain as that would be absurd) 8) Just as easy to use as a credit card and if a merchant doesn't take bitcoin (I can already buy most things for bitcoin ) than I can just spend fiat as I am not forced into the false dichotomy of only using Bitcoin or only using fiat and can use both

_Nigerian_Prince__

As a humble Nigerian Prince, I predict the next one will be: 2028: “Buying 0.000004 BTC for $9,000 won’t change your life.” (BTC ≈ the GDP of a small moon kingdom) At this point, my royal advisors no longer track Bitcoin, they just ask me, “Your Highness, should we sell another palace or just mint a new one on-chain?” Truly, history shows only one constant: the people who say ‘it won’t change your life’ are the ones whose lives remain tragically unchanged.

VariatCA

He probably did try to short BTC, and got liquidated before breakfast like a proper degenerate

Distinct-Thanks-6477

30% in Stablecoins, 30% in BTC and the rest in ETH, LINK, TAO, RENDER, and AIOZ. I stay on the side of proper fundamentals.

QryptoQurios2020

Yeah bitch. That’s what happens when you short BTC. 🤣😂🤣🤷‍♂️🤪

Available_Win5204

Eth inflation has been lower than BTC for some time. “Only 21m” is a hopeful (increasingly desperate) narrative.  Anyone repeating it is either stupid or manipulative. You have no idea what the future holds for bitcoin. It’s not even 20 years old and already falling apart for long term viability. 

Available_Win5204

You can create BTC with code too retard

Takumi_Chronen

Wild how different the world was back then… 25 BTC was like giving someone a coupon. Sometimes the things everyone ignores end up rewriting history. Makes me wonder what tiny projects today will look like in 2035.

Embarrassed_Till4449

Mabye because crypto has mostly been a sophisticated, alluring scam ?? Way (WAY!) more people are hurt than helped. That said I have a small long term in BTC.

indomitus1

1 BTC = 1 BTC I am guessing you are talking about the volatile of buying USD or Fiat.

hitokiri1859

You never really could rely on charts and such because it was really nothing more than hype supply and demand pretty much. Stocks of course are much of the same thing but there's less backing for most crypto since there's a ton of ways it can be manipulated let it be bots or scam ect. You can't really apply classic stock rise and fall towards crypto. Its also harder to spot different manipulation cause the team itself can manipulate it. They can toss a fund into a unmarked wallet and dump on people. There's at least some regulation in the stock market but crypto is the wild west. Unless your buying BTC, ETH, SOL, then your more or less taking a chance but even with those your still taking a risk. Cause Quantum can undo crypto in general as well. That's why you don't see most investors holding the bag long term. The other aspect of it is most currencies are just shit they have limited use case no burning mechanics without looking at the source there's really no way of knowing whether there's not some hidden rug mechanic or a method the creator can use previously burnt tokens. In reality like anything there's always some risk. That being said people will always jump to things they think they can make money with. Investing is always risky but people want money so they take on risk in order to attempt to make money.

unizachai

No, Ethereum is the best alternative to BTC imp

CynthiaSmithc

As long as you have enough funds, you can still buy a large amount of BTC now, and it will definitely return to its peak in a short time.

Illustrious_Cat1339

Because in 2014 when BTC nuked from $900 to $220, calling for $100k sounded delusional. Turns out “delusional” was just early. In 10 years when Bitcoin is near a milly, nobody will care whether they bought at 70k or 99k they’ll just wish they bought more.

hagglenut

I have 167 BTC buys since 11/22 overall up 156%. DCA works in the long run.

Swapuz_com

Not just a post. It’s transmission where every BTC flips between “us” and “you.”

Leosown

I wanted BTC to go to $50k so I could dollar cost average my AHH OFF!

Epileptic_Fridgeboy2

If any of us knew the exact future of bitcoin, we'd be very rich! Whatever happens, it's here to stay. Whether it remains the de-facto crypto mainstay and heads to huge values, or eventually relaxes into a more compartmentalised asset within the crypto realm is anyone's guess. Nobody really knows how the long term devaluing of FIAT will actually manifest itself in real terms. All we really have are theories based on a bunch of things happening a certain way. Like anything, there's always scope for a major fly in the ointment - such as governments interfering with crypto in an even bigger way. A lot of the predictions for BTC's future are sound. But the world is a funny place and events can sometimes change things wholesale.

nacentaeons

Yes. Sell your house to buy BTC.

ducket27

Send me all your BTC and see how it works peer to peer 😂

ducket27

Send me all your BTC and see how it's peer to peer 😂