BTC

platinumarks

Pretty much. You rent spare capacity from the company's network of mining hardware, you pay based on hashrate and time, and then you tell it which mining pool to use during the rented time. There are solo pools that basically distribute large amounts of hashing tasks to each user, and if you find the block, you get to keep the BTC (minus a small fee to the pool operator for the infrastructure to assign tasks, which makes it a lot easier than manually setting it up).

Stagnant-Flow

If I owned 1BTC my wife would take me back, my kids would start to love me, everyone at my job would think I’m cool, my boss would give me a raise, I’d have lots of fulfilling friendships and my cancer would go away.

watch-nerd

Yes that’s BTC

Subject-Chest-8343

Lol. Deeper drawdowns alright, but less upside ? Have you compared both over the last 10 years ? >So, I think you want to actually time better your entries in BTC Have you even read my post ? Nasdaq is at all-time highs, while bitcoin is at rock bottom prices, if past cycles are any indication. Which of the two is a better entry point ? Ever heard of ''buy low, sell high'' ? You sound more like ''buy super high, try to sell even higher''

NonVideBunt

It makes me so happy to see all the BTC maxis post these insecurity posts … hoping to ditch that shred of doubt. 😂

EeeeJay

And the current monetary and banking system runs without any electricity or emissions, does it?  How quickly people forget the financial crisis of 2008 (and others prior), and don't put 2 and 2 together to realise that BTC and blockchain would solve this.

Sos418_tw

Stacking BTC is definitely the sleep well at night strategy.

SurroundAccording535

Negative skew implies capped upside with outsized losses. BTC's upside distribution has historically dwarfed the drawdowns. Fidelity measured a Sortino nearly 2x its Sharpe, meaning most volatility was to the upside. That's the opposite of negative skew.

longonbtc

[River](https://river.com/) and [Strike](https://strike.me/) are the best platforms to set up an automatic hourly, daily, weekly, or monthly recurring purchase schedule (automatic dollar cost averaging schedule). If you set up an automatic hourly, daily, weekly, or monthly recurring purchase schedule on River, then River stops charging you fees after the first week. https://river.com/zero-fee If you set up an automatic hourly or daily recurring purchase schedule on Strike, then Strike stops charging you fees after the first week. And if you set up an automatic weekly or monthly recurring purchase schedule on Strike, then Strike stops charging you fees after the first automatic purchase. https://strike.me/faq/how-do-i-set-up-a-recurring-purchase/ You should also be aware that exchanges get to choose how much they want to charge their customers for withdrawing bitcoin from their platform. This fee is referred to as a bitcoin withdrawal fee. Some exchanges choose not to charge a bitcoin withdrawal fee at all (meaning it's free to withdraw bitcoin). [Swan Bitcoin](https://www.swanbitcoin.com/) chooses not to charge a bitcoin withdrawal fee. [Strike](https://strike.me/) chooses not to charge a bitcoin withdrawal fee if you choose the slowest option. [Cash App](https://cash.app/bitcoin) chooses not to charge a bitcoin withdrawal fee if you withdraw 0.001 BTC or more and you choose the standard speed option. [River](https://river.com/) chooses to give their customers one free bitcoin withdrawal per month.

1baruch

Ghost of Satoshi, please save BTC 🤣

anon-187101

>Is it the same as asking what would having $64,000 liquid do for your financial life? 1 BTC =/= $64,000 1 BTC == 1 BTC 1 BTC can be *traded* for $64,000 currently, but bitcoin and US Dollars are not equivalent.

azblazer007

BTC only. Anything else not the time if ever. To many lessons learned

Numerous_Ruin_4947

In previous cycles, Bitcoin dominance fell by 52% and 30% over roughly one year. The current BTC.D chart is showing a similar tapering pattern. If this continues, BTC.D could drop around 28% in 2026, from about 58% to roughly 30%. That scenario would likely come with a rise in ETH dominance. This cycle could always diverge from the past, but the setup on the chart is hard to ignore.

financeguruIB

Other than the obvious $BTC and $ETH, there is $SOL, $RENDER, $TAO and $DOGE

Sharp-Perception5658

Well good call for sure. I have been hodling BTC since 2015. I have been studying BTC technicals for over 10 years and I'm still trying to understand what happened this cycle. It's different than any cycle I've ever seen..In my opinion, BTC shouldn't have crashed when it did. It was way too early. We should have had a climactic run just like every cycle before. It should have easily hit $300k based on historical movements. We had a halfing and BTC didn't even move this time. This was the worst most muted cycle I've ever seen. I'm still trying to understand what happened.

OpticallyMosache

I had a buy order for 4 BTC that got filled at 320,000 MAD!!!

Sharp-Perception5658

I'm getting to the point where I do need it. Times are getting tough. I'm not going to sell at these prices though. Right now, BTC is hovering around the previous cycles top. If it doesn't bounce from here, something is very wrong. BTC has never gone much lower than the previous cycles top. NEVER.

Sharp-Perception5658

Scam is a very overused word nowadays. It's not a scam. It's just leverage. MSTR has a solid strategy while BTC is rising. In a rising environment, everybody is winning.. However, during sustained bear markets, MSTR would need to service their loans. The only logical ways for them to do that is to issue more shares. This dilutes shareholder value. If you took out a loan right now and bought BTC and the BTC crashed, you'd still need to have money laying around to make payments on your loan and that money has got to come from somewhere. MSTR has a great strategy truly but BTC must always go higher for it to work...which I hope it does, but sadly there are no guarantees. There is something very broken this cycle...very broken...and I wish I understood it.

Sharp-Perception5658

Well, I'm not talking about MSTR. I'm talking about actual Bitcoin. The thing I don't understand is that it was always the goal for BTC to gain institutional adoption. Back in the day, BTC operated under the radar and fraud and theft were quite prevalent. It was hard just to store BTC. We never trusted the exchanges because there were all kinds of risks we weren't protected from. They could go belly up and run off with our BTC, they could get hacked, they could simply ban us from the exchange and our BTC would be trapped. We all longed for the day, BTC would be accepted by institutions and used on a more macro level because it would at least solve some of these issues. I remember how excited we were for an ETF to finally be released. We waited for years...and then it came. I feel safer holding BTC now than in the past. Institutional buying and gov acceptance will also create a larger user base. So what's the problem?

Alatarlhun

>The fact that BTC has already become pretty stagnant for the last half a decade, underperforming the S&P 500 over the same time period, is not a great sign. And the stagnation extends to the development side, too.

ThePugz

But it’s acting true. The detractors are permanent there’s no amount of evidence contrary to their opinion that would ever change their mind. So there’s no answer to the question for them. It will be at $1 million per BTC & they’ll still be saying it’s going to zero. 🤷🏽‍♂️

5_yr_lurker

I love how nothing negative can be said about BTC here. Maybe we reached the ATH already? I don't know. I keep my month DCA going but could still be wrong.

Serenaded

Ethereum these last few months is looking far more bullish long-term than Bitcoin is. Bitcoin has nuclear FUD with the quantum computing, I think it's basically over. We always knew Bitcoin was the first but won't be the last. Last cycle was weird with all the $$$ pumping into BTC but QC is going to fuck all of that. It's clear that elites are eyeing Ethereum as the next giga-pump.

DoubleFar6023

'Kay....hold on to your BTC tightly. no ones going to steal it....LMFAO.

JonnyBigBoss

I remember when people gave up when BTC went from 19k to 3.5k.  Now they complain about people who have money and say it's unfair.  A tale as old as time. 

Pure-Rent1574

A better way to say it in my opinion is that BTC will move from the weak hands to the strong hands.  “Poor people will sell what they have to rich and powerful” is reddit slop. Everyone on here hate rich people apparently, and it’s cringe.

Life-Republic2311

Fr.. I’m not buying dollars with BTC

AmanCMN

1 BTC wouldn’t make me rich overnight, but I’d sleep better knowing I have it 😂

DanNotTheMann

I’m a whole corner and right now, owning 1 BTC is making my financial life poorer. But since BTC’s long‑term thesis hasn’t changed, I'm being greedy and stacking even harder while everyone else is being fearful.

Abject-Stretch-1187

Haha speaking of a hundred bucks worth. I sat down with my sister and showed her a purchase I made back then. I paid $150 bucks and got roughly 0.05 BTC lol and today that purchase is worth 20x. That’s what tipped it for my family lol they’re like we aint missing out no more.

lemons714

If you owned 1BTC you would have a volatile, speculative asset currently worth \~$70k. What it would do for you depends on the rest of your net worth and income. Where approximately $70k places you in economic rankings depends on the sample you compare it to.

slash_networkboy

Of course! And I'm also obviously on the back half of my career, not starting out fresh and broke. If we magically translated this to 24 year old me but with today's BTC prices and asked me this same question the answer would be "it'd be life changing for me. I could look at a down payment on a condo and at least build some equity or something instead of renting." (Today's house prices) or "put 40% down on a house." (if 24YO me's house prices)

kdizzle619

This is so incorrect, the price of BTC in 2021 never even broke $70,000. He's full of shit

ThePugz

It’s really not interesting at all. This has happened multiple times before and it will 100% get a new all-time high again. There’s no doubt in my mind or yours if you’re being honest so your comment is silly. This is not evidence of anything except another cycle. We’ve seen numerous times with BTC. And ALL the detractors are just like Charlie Brown attempting to kicking the football. You’re ALL back again to try to kick the football again. You never learn.

Numerous_Ruin_4947

The BTC.D chart looks like it is gearing up for a repeat of the 2017 and 2021 cycles. [https://www.tradingview.com/x/lRdognm4/](https://www.tradingview.com/x/lRdognm4/)

Numerous_Ruin_4947

How do you explain the BTC.D chart, then? In 2017 (-52%) and again in 2021 (-30%), it collapsed into the red while the rest of the market was rallying. ETH has effectively been in a bear market for almost two years now - 17 of the last 23 months have been red, including 12 of the last 15. [https://www.tradingview.com/x/lRdognm4/](https://www.tradingview.com/x/lRdognm4/)

Abject-Stretch-1187

You can also use exodus. However you might need to send BTC or eth to your exodus wallet and then convert it to usdc on there and from there send the usdc to your ledn. Exodus is non-kyc so there’s nothing to report to the tax agencies

ImBack6942

Yeah idk about BTC being at 50k in Q4. I don’t doubt a bottom of about 50k, but in the fourth Q? Probably not

ThreeTonChonker

Gold was completely irrelevant for 20 years. Seriously look at the chart. For the past 20 years it’s been sideways. Then in the past few years it’s gone up 2.5x. Roughly $2,300/ounce to now $5,100/ounce. Those gains aren’t nothing but BTC has obviously done so many laps around gold at this point. But people forget that to the majority of the world, this is a once in a lifetime bull run because everyone owns at least a little gold. Good luck selling it though. Take it to a pawn shop or exchange and they’ll take all your profit. Buy gold as a stock or index fund and you’ll realize the exchange isn’t required to hold any gold so the entire market is fraudulent. What kills me is that no one’s looking at the charts though. Gold is going to dump hard at some point in the near future and break a lot of hearts. Poor souls.

thomas2026

I just DCA and watch the madness unfold. Takes all stress and decision making out of it. Only difference when prices go down is more BTC is entering my wallet.

Machine7272

Bitcoin has to be understood as a volatile asset and knowing you will never truly time the highs and lows for entering and exiting the asset. I learned from the last market and sold my BTC at 115K. Didn’t time it perfectly but my cost basis was 33K and was happy with the return. This time won’t be different IMO, good time to dollar cost average into it and sell at the next peak

dtg99

The difference between buying BTC after it was declared “dead” 10 years ago vs now is clearly night and day. This idea that BTC has the same upside as it did in the past is laughable. You can still make money buying into fear/peak bear market but the days of it being able to 100x are long gone.

HashCrafter45

depends when you bought it honestly. 1 BTC at $65k today sounds a lot until you realise most people who own 1 BTC bought it way lower and just didn't sell. the ones who bought at $60k last cycle and panic sold at $20k would disagree it changed their life. the asset is only as good as your conviction to hold it.

Th3onib

BTC is a trusted OG, name matters, it will always be useful

ardus666

OP I suggest you start watching Benjamin Cowen videos on youtube. You almost made the stupidest mistake in your life for something that is totally normal in BTC's life.

BQbaobao

The black hats are pros at this. It is clear to me that the “4 year cycle” has nothing to do with the BTC supply side anymore - and everything to do with pump and dump style manipulation. They’re playing us all - retail and OG holders alike. That’s why “this time is NOT different”. They prey on 100% predictable human nature to shake down over-extended retail and squeeze out every last drop. That said, I’ve said before that I’d fucking love to see a WSB style short squeeze on MSTR or BTC.

Abject-Stretch-1187

Yah that Covid drop was mad. BTC literally hit 10k in February and by March or so it went parabolic to the downside to 3k+

Embarrassed_Boss_576

Well – you’ve seen what you need to see in order to make a sound decision. In other words, you probably bought BTC somewhere between $3,000 and $10,000. Obviously, then you saw it go to 20,000 and back down. Eventually up to 69,000 and back down. Then eventually up to 126,000. This all clearly tells you that while it will go down, it does come back up into the right — every time. It is not more scarce, more embraced by institutions than ever, and being regulated by the United States government, which will granted legitimization as an asset class. If you say, higher than ever when it was being shunned by institutions and governments left and right, do you believe that it will never come back up in these types of (more favorable) conditions? It’s your decision. Hey, $64,000, the BTC value now, doesn’t rain out of the sky and it’s not chump change. Teach their own period but using history as a guy, I ain’t selling Jack, or maybe just skimming some profits here and their rental until we see another run up and when black rock, Fidelity, and the Trump‘s amongst others are shielding something, I have a very slight feeling that it will come back up sooner or later. Just perspective, you do what you want and it’s your money.

Shikamaru1389

Do you get rewards for doing that I use coinbase I only have mined crypto whatever I get I am going to start shoving 70 Percent to BTC and 30 Percent to xyo . I only like those too lol.

01042022

Can’t you do that one Buy Borrow Die thing with 1 BTC?

Vegetable-Rabbit7503

1 BTC = 64.000 usd, one single house is worth more than 2 BTC, its not that crazy to own 1 BTC, calm down.

coinfeeds-bot

tldr; A solo Bitcoin miner rented $75 worth of hash power via Braiins marketplace and defied the odds by earning a block reward of over 3.1 BTC, valued at approximately $200,000. Solo mining is rare due to the high computational power required, with success rates estimated at 1 in 1.1 million blocks. Despite the growing Bitcoin network hashrate, solo mining has seen occasional jackpot wins, likened to playing the lottery. The miner's achievement highlights the unpredictability and potential rewards of solo Bitcoin mining. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

garynuke

While I agree that fiat currency can lose intrinsic and purchasing power eroded through expansion of the money supply, it’s also possible for BTC to lose value if for whatever reason, people abandon it. I do believe the scenario that adoption is very likely as evidenced by the governments, hedge funds, ADHD pension funds including it more and more each year into their portfolios. But let’s just understand that if somehow it were to be abandoned, it could absolutely go to zero.

Possible_Mention7570

The only thing that gives BTC value is the idea that the next person will pay more. Deep down we all know this.

baIIern

The weekly "BTC is dead" circle jerk again with 1k+ upvotes lol. Anyway, I'm pretty sure that from some point in the future, this will actually become true and r/Bitcoin will become awfully quiet... nobody knows when though.

DennisDemori

Owning one BTC sounds cool. But financially, what it does for you depends on your overall net worth and time horizon. If your total net worth is $20k, owning one BTC is life changing. If your net worth is $5 million, it’s just another position. Right now, one BTC is a meaningful asset. You’d be wealthier than most people globally just by owning it. But in developed countries, it wouldn’t automatically put you in some elite category. It’s a strong asset, not a magic ticket. And it doesn’t guarantee financial freedom. A better question is what you believe about the future. If Bitcoin appreciates significantly over the next decade, owning one could materially shift your financial life. If it stagnates or drops, it won’t. Also remember, wealth isn’t about owning one specific asset. It’s about how that asset fits into your broader financial structure. Income, savings rate, other investments, liabilities, etc. Those matter just as much.

DSMRob

1 BTC today would change my life in the slightest. If its still around in 30 years maybe it will help a bit, who knows

Powerful-Mortgage128

Yeh because looking at a chart and thinking the cycle will continue indefinitely is investing 🤣 sure it is. You are basically Warren Buffett at this point. It's only because so much dumb money is in BTC and they think you just look at a chart and that's a magic way to make money. Once people wake up, some with a slightly higher IQ will try and jump in early before the rise, then some will sell out before the high, and the chart will suddenly flatten out and went work like it does now. If Bitcoin lasts that long..

EarningsPal

Nothing because owning 1 BTC is not selling and spending 1 BTC. It’s literally just a thought that you have 1 BTC. Until you use it as collateral or sell it’s doing nothing for you as you age.

AdventurousFan8144

psychologically more than financially, tbh. the number itself doesn’t change your life overnight but something shifts when you own a whole one. you stop thinking in dollars. you stop checking the price every 3 hours trying to decide when to “time” anything. the anxiety of fractional ownership (“should I buy more 0.003?”) just… goes away. practically speaking, at current prices it puts you in a pretty rare group globally. most people will never own one, not because they can’t afford it now, but because they never prioritized it before it became “too expensive.” that pattern isn’t stopping. the actual financial impact depends entirely on your net worth. if you have $10k to your name and put $9k into BTC, that’s a different conversation than someone with $500k in assets adding 1 BTC as a hedge. same asset, completely different risk profile. what it WOULD do is give you a non-zero stake in the outcome of an experiment that’s either going to look very smart or very dumb in 10 years. either way you’d stop being a spectator.

heitor_gomes

Not going all in but definitely buying more. BTC under $90k feels like a gift compared to where it was last year.

slash_networkboy

well... it would increase my current BTC holdings by a percentage that I won't share. It would increase my total worth by roughly 3% Mid term it would do nothing for my financial life, long term... I believe two halvings from now is about when I'd retire, so it'd likely be a nice bump for the start of my retirement.

No-Cable9274

One major consideration is that the world around BTC has changed dramatically when compared to the past 'cycles'. Mainly, in the past there was an argument that BTC was a store of value and hedge on the dollar and equities, also major institutions had not got involved with BTC. However, this last year or so has shown us that BTC is not a store of value or a hedge on the dollar/equities. Also, now that major financial institutions are already got into the crypto there is no new huge source of money to enter the market. I think this time could be different from past cycles and with the lack of hype/motivation and with the possibly of bumpy economic times ahead I don't see reason for it to rally.

WaitTraditional1670

I really do think BTC crypto bros are a cult. If you went into Microsoft subreddit and said “hey guys, i think the shares will reach XX, here is my exit plan”. They’ll give feedback. Here, they hated you because you even mentioned the idea of selling your shares. They also hated you because you said you think the price will drop more. They also hated you because you ONLY believe it will go to 200k. They also hated you because you don’t believe it has any use. besides a speculative stock.

nepthar

Some people want this control. For others (like yourself, I assume) they'd prefer to have a 3rd party hold on to it (a bank). I'm all for self-custody, but I'd also like the option to hold BTC in an FDIC insured account at a bank. I want both.

WaitTraditional1670

This guy is wild. He thinks buying BTC means you have a savings account in BTC. He somehow doesn’t understand the difference between a savings account and investing account.

WaitTraditional1670

what??? How did you misunderstand that so badly? OP is not using BTC as a savings account. He’s INVESTING in it (speculating to be more precise)

ODD_Old_Dirty_Degen

Thats still no rebuttal or anything of substance to mitigate my arguments. I laid out a few points what makes BTC attractive for me and FIAT undesirable. Calling me confused again without ever adressing one argument. You sure I am the one who is confused? For me to even reconsider my thesis I laid out earlier I need to hear something that makes me question the superiority of BTC against FIAT and/or Gold.

SeaworthinessSad7300

Don't sell BTC low though

BITCOIN_FLIGHT_CLUB

The hype around the Emirates NBD news and the upcoming supply milestone doesn't hold up. The 0.5% is roughly 1.5 BILLION, equal to past MSTR buys. Likely buying small and even if lumped it would be 5-7% total market volume in a day….. which wouldn’t happened because they’re not buying market BTC.

coinfeeds-bot

tldr; The BCH Bullet for February 22, 2026, highlights key updates in the Bitcoin Cash ecosystem. Layla NFTs for BLISS 2026 are selling quickly, with 48 of 100 sold. Episode 175 of the Bitcoin Cash Podcast features Tone Vays discussing the Bitcoin civil wars and blocksize history. BCH hashrate surged after a BTC difficulty adjustment, reducing block times to ~6:51. Over 45 teams are building on BCH-1 Phase 2, and CashMint activity is growing with NFT minting and auctions. Paytaca v0.23.1 launched with DEX integration and multisig beta, while UTXO-Z v0.3.0 introduced major improvements. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Zestyclose_Paint3922

Sure buddy, BTC is used because how traceable and accountable it is.

ODD_Old_Dirty_Degen

You could have argued your point instead of making an ad hominem attack. Makes me think you dont really have an articulate point. By the way: I never said BTC is the same as money.

Zestyclose_Paint3922

Hype can do that with the stupidest of things. The question is if anyone can really think of a reason BTC makes sense as a product or as a service in a way its value is justified and sustainable or if people simply keeps gambling without understanding the only real use right now is given by the worst in the world.

Prestigious_Rush_995

The only thing that bothers me is btc is valuable as long as wealthy people think so. Right now it’s useless. If it can be created once what’s to stop someone from creating a new coin and starting a new trend? The world will never agree on a single currency and if they do it will be highly manipulated. Can you imagine your checking account fluctuating each month the way BTC has? It’s an accounting nightmare for payroll. And let’s not forget that it’s easy to lose and requires a ton of energy. In times of war or disaster btc is useless.

nightwind_999

If you see gold for instance, it has a huge historical track record of being used for trading for who knows centuries? Anyway, for something which is this old and the times it has gone though, there gets attached an inherent trust - it's just human psychology. Fast forward to the modern era, we got equities and bonds and what not to trade, they have utilities, they can serve their purposes but that didn't diminish the value of gold (as i said the trust that this commodity has accumulated is immense and should be respected) so when the times are bad, folks turn to this one damn thing which has helped our great grand ancestors thrive in their times. The same is BTC: it's the oldest, has survived times and hence looks battle hardened, IMO it shall always be the gold standard of crypto industry. New equities might come and go, you may earn good fortune but eventually when the times are bad - nothing replaces BTC.

Newlife_40

BTC and the other crypto remind me a once in 4 year money grab big money uses to pump and go back to the retail well periodically. Doesn’t ever stay up to long and catches a lot of people’s money. It only moves up to ATH when banks pump it to get retail interested then pulls the wave out.

Dom_Dastardly

Amazing, in 2017 when I bought my first lot of bitcoins I never thought people would be trying to accumulate just 1 BTC.

bears196

When I get to 1BTC i can stop buying bitcoin.

Zestyclose_Paint3922

My god, please tell me you don’t really believe money is the same as BTC because gold standard is not used any more. I kinda rather thinking you are a bad person than someone that has been scammed so bad that started repeating this level of nonsense without even understanding it. If it’s the latter it kinda makes me sad.

WaitTraditional1670

? that’s irrelevant. I never said BTC is a saving technology. OP is simply hitching a ride to scrape profits. That does not mean he’s using it as a savings account. that’s not how investments work

Sparky14715

Never said he was. But it is undeniable that he was funding some of the developers. That was enough for me to dump over $100,000 worth of it. Fuck BTC.

justcurious3287

I know. This is a great time to buy, though! BTC hasn't been this cheap since 2021! It's like a time machine, in a way.

ieatmoondust

A lot more than 0 BTC.

xBeeStingx

I quadrupled my BTC mining during this period. Maybe I’m an idiot while everyone else is selling…

Ok-Meaning-7061

I had 1 BTC before …… wish I never sold it . Hope that answers your question

BaldGuyAce

Bailing from BTC because it isn't growing fast enough for you is absolutely wild

ODD_Old_Dirty_Degen

Typical bearmarket rhetoric if you ask me. Do you know what is used far more than BTC to facilitate crime? FIAT money. And fiat money can be printed. And same like BTC, FIAT has no intrinsic value either. Its just printed paper. The difference is FIAT has politically secured demand (paying taxes and son on). While BTC has free market demand because: \-Real scarcity \-Decentral \-Censorship resistance Choose wisely, anon.

niddess

We don't have those in my country. For kycnot.me, I've seen it recommended everywhere, did not help me reach the ultimate goal : > Looking for a solution to : Convert fiat money to BTC without exposing personal information to anyone at any moment It always fails at anonym payment 

OBXAngler15

2027 we will see 100k+ BTC.

jclaslie

Yeah but what’s even more interesting to me is the fact that this is CFD volume, not spot. So a lot of traders aren’t looking to hold BTC or ETH long term, they’re just trading price action.

youwin10

If you own 1 BTC then you own 1 BTC.

116710BLNR

Wouldn’t do anything for me; it might have been significant some years ago but I have outpaced BTC significantly to where 1 BTC wouldn’t do a great deal

arioch376

I think the funniest thing about this is that it could wick down to 30k and you will still miss it. If this is your plan at least do it right and set the limit order for spot BTC. When BTC bottoms it's likely going to be on low liquidity over the weekend or AH, and not when IBIT is trading.

dakikule

You have no idea what would owning "just" 0.5 BTC do for my financial life. For my life in general...

niddess

The whole point is finding a way to anonymously buy bitcoins. Meaning : concert fiat to BTC without giving your identity to anyone 

Easik

A smarter play would be to set 5-10 buy targets from $50k down to $30k. The chances it hits $30k are pretty low. It costs about $77k/BTC to mine right now. If you look at prior trends, it puts the bear market bottom around $57k. If that breaks, then we'd be looking at $39k.

Express-Economist-86

There is 0.0026 BTC per person if all BTC to be had was divided equally amongst everyone in the world. About $167 today. You’d definitely be excluding some people from participating in a bitcoin revolution, but I guess that’s what sleeping on it will get them. So sad, so true.

OpticallyMosache

Is it the same as asking what would having $64,000 liquid do for your financial life? I'll tell you my personal story. I accumulated a lot of BTC during the last bear market. Then in the bull market, I sold a few chunks and it ended up being enough to quit my toxic job and still financially support my family of four. I have probably 12 months left of cash that came directly from selling BTC. BTC inspired me to save and I felt okay letting some go in the bull market. It's going to be amazing if the 4-year cycle repeats and everyone gets another chance at buying Bitcoin cheap.

Natural_Rebel

This guy BTC’s