BTC

WeakEstablishment686

Very good advice. Please listen to this. 1. 401k match: Fund your 401k up to the match if your company offers. This is free money. For example if you make $50k and your company matches 5%, you should at minimum put in $2.5k to your 401k to get the $2.5k match. The money you fund (eg $2.5k or more) will also reduce your taxable income for the year. A 401k is double tax advantaged, providing tax deductible contributions and tax deferred growth. 2A. HSA: You’re young so you can provably do a high deductible health plan which might offer a health savings account (HSA). The cap on this is $4.4k a year and is TRIPLE tax advantaged. Tax deductible contributions, tax free growth, tax free withdrawals (for medical expenses). 2B. Roth IRA: Double tax advantaged providing tax free growth and tax free withdrawals (you fund with after tax money). Excellent account to buy either VOO, QQQM, IBIT or a combination of those for diversified exposure / tilt. 3. If you have leftover money, open a brokerage account. You can choose to fund this or max your 401k. If you’re making good money and will have a stable job, I like maxing 401k and then funding a brokerage to buy growth ETFs. Or use this to buy BTC or a mix. Just be careful, try to get good exposure to the overall US stock market (50%+) and the remaining depending on your risk tolerance you can buy BTC at its near lows these next few months, buy VXUS for international exposure, QQQM for tech tilt, etc.

Objective-Choice6518

You kyc USDT in some blockchain, then you lose then in a boat accident  Then whoever finds that USDT on the bottom of the lake use It to buy BTC using a DEX or cross-chain swap

Remarkable_Wish_5106

BTC should be 2-5% at most. It produces no income and might not even survive AI and quantum computing. It's pure risk with just so many unknowns. In fact, the investment world doesn't even know what function it serves in a portfolio at this point.

AcrobaticEdge5165

Some people just have too much time on their hands. I'm happy holding my BTC long term while exploring new ways to use it. TBVs are still in testnet, but they have a lot of potential.

Few_Response_7028

I’m 100% BTC cold storage since 2020. It’s working great

Important_Neck_2122

You can purchase and hold BTC in an account on Moomoo trading app. It's federally insured and don't need a cold wallet etc to retain it here!! I hold a decent amount in a cold wallet and on Moomoo as well.

brandnewmoo

You should buy BTC unless you’re willing to lose every dollar that you put in it. (I hold some bitcoin). I literally could go to zero in 20 years. Or it might explode. Who knows.

ScurvyDawg

BTC over the Lightening Network was seriously impressive to me.

Previous_Blueberry_5

Goddamn I love this. Eventually BTC will change every industry.

thats_gotta_be_AI

lol ok. That’s like me replying to you saying ultimately BTC will rise after your prediction because of a future halving. I responded to a post that was out of date even as it was posted.

Knerd5

Not to mention gold has a minimum 6% buy/sell spread, but often higher. USD in a treasury EFT won't lose all that much purchasing power either. Considering how poorly BTC has performed the last two halvings, it's hard not to think diminishing returns are gonna neuter its outperformance even more unfortunately.

GlockenspielVentura

To answer your question OP, there are two trains of thought when it comes to the Bitcoin bottom. The first train of thought is based on a grand, optimistic narrative that strategy buying, spot ETFs, and increased global adoption will invalidate the typical four year cycle thesis and there will be a bottom that is unprecedentedly shallower than any other time in history. The second train of thought is the more traditional, cyclical view that Bitcoin bottoms either through time-based or price-based capitulation, and a realistic but optimistic estimation would have BTC bottoming around 40k. I guess as a bonus the 3rd camp would be the sub 70 IQ crowd calling for 0-20k because to them, Bitcoin dies every 4 years.

Some-Platform1968

USD fell 10% since Liberation day, though it’s come back a little. Gold is down 20% since hitting the high. And BTC is down almost 50% from highs. And only one of these is FDIC insured. How is this even a question?

No_Investigator3369

drugs. the silk road. you would use something like localbitcoins to find someone to wire money to, get money on your wallet. Tumble it out to your SR wallet address and then the world was your oyster. The thought process was that the transaction occurred so quickly that the feds 1. would not be able to track, trace, etc to you. everyone was big on using Tails back then. booting to a USB with all their dirt there 2. using USPS meant they would need a warrant which would also take too long giving you early warning bells if your address was burnt whereas FedEx and ups being a private company could just open you pkg on suspicion alone. 3. every time you bought.... 2 weeks later your leftover "change" had doubled and every 3rd buy it was like buy é get 1 free. it's too bad I didn't understand the get rich part of this. I was definitely buying $30 BTC at my cheapest. but then just smoking and snorting it away.

EuphoricBottle3399

That isn’t the market freezing, it’s the UI flattening tiny moves on a wildly zoomed-in chart. Betting on 15-minute BTC candles is the sketchy part

FitCompetition1804

5 years ago was the peak of that cycle’s bull market where we saw BTC reach similar levels to where we are currently in this cycle’s bear market.

callfckingdispatch

How much BTC are you trying to buy?

IM-PT24

Lol. Sure they would send you a letter, and sure the funds would be sent to the state. That's a basic scam attempt... Later they will tell you that there is 10 BTC on the account and you have to pay a unfreezing fee of $1000

The_Bitcoin_Act

Drops are fast because leveraged positions get liquidated in cascades, forcing sells that trigger more sells within minutes. Rallies are slower because buying takes deliberation, while panic-selling is reflexive. Thin order books also mean a wave of selling blows through support fast, but rebuilding a rally needs sustained demand over days, not one moment. None of this is unique to Bitcoin, it’s just amplified by 24/7 trading and easy leverage. At $15K in, try not to read too much into this asymmetry, it’s about market mechanics, not a signal on where BTC is headed.

ahhhaccountname

How is it a good thing for BTC to have a company own 5% of it? At what point would it be bad? If they had 20%?

The_Bitcoin_Act

If your uncle gave you a seed phrase, hardware wallet, or private keys, that already is the money, whoever holds those controls the funds. Priorities: **•** Never type your seed phrase into a website, app, or send it to anyone (support agents, “recovery experts,” family friends), this is the #1 scam vector against inexperienced heirs. **•** If you’re unsure the wallet is secure, first move funds to a new wallet only you control before doing anything else. **•** If it’s already sitting on an exchange in his name, that’s a separate (harder) problem, you’ll need to go through the exchange’s estate/deceased-account process, likely with a death certificate and probate documents. For tax purposes, inherited crypto typically gets a “stepped-up basis”, your cost basis becomes the fair market value on your uncle’s date of death, not what he originally paid. Write down that date and BTC’s price that day (screenshot a reputable price source). This is what determines your taxable gain/loss when you sell, not the $80K today. To sell your BTC, do you care about privacy?

Yesthisisdogmeow

Hind sight 20/20. Was mark cuban saying this when BtC was hitting all time high? Or is he like everyone else and kicking BTC when it’s already down? I have no idea if BTC will ever reach its ATH again or not but I do know the money printer will never stop. I started buying about a year ago so I’m currently down. I have been DCA a set amount each month. My average cost is going down. Full disclosure. Will see how this all plays out over the next few years.

AcrobaticEdge5165

Understanding bitcoin is just the beginning. It's also worth paying attention to how native BTC continues to evolve beyond simply buying and holding.

Perfect-Emu3027

The question is, what did the drug dealers do with so much BTC?

r361k

People think its going to go down because its what happened in the past. The same people somehow fail to realize that the last ATH wasn't nearly as high as previous ones in terms of percentages. Looking at the prior bear markets, BTC in terms of price fell to around the 200 week moving average. This is where we are right now in terms of price. The percentage it took in prior bull and bear markets was a bigger number due to the blow off tops we saw the past few cycles. I think those waiting for another 30% decrease are going to be really disappointed.

el_rico_pavo_real

Oh, so the guy who has spent the last 5 years working his ass off to educate the world on BTC, and whose company has purchased over 840K BTC is all the sudden a pariah? You guys are so lame.

Hypnotic101

During the last four years we've had the worst inflation this country's seen in a long time, yet BTC's performance has been the worst cycle yet. Folks like Mark Cuban say that it has effectively failed it's thesis as a store of value & hedge against inflation. What's your thoughts on that?

Gr8WallofChinatown

CPI data is a lagging indicator. The oil prices are rising and so will CPI. When this conflict continues and the USA has to keep dipping into its strategic reserves (which it already is), it’s going to skyrocket in prices (oil) and CPI will increase. Interest rates will need to be hiked. BTC is going to get slaughtered even more

DarrelXero

No, I want to understand why you think you can mine Bitcoin profitably using hosted mining. That's what I said originally. I know it can't be done. I want to see why you think it can. \[HARDWARE & SETUP\] Number of Units: 12 Total Hashrate: 3,240 TH/s (3.24 PH/s) Unit Cost: $5,000.00 Total CapEx: $60,000.00 \[BASE ASSUMPTIONS\] BTC Price: $64,500.00 Hashprice: $46.75 / PH / day Pool Fee: 2.50% (FPPS) Hosting Cost: $225.00 / machine / month ($2,700.00/mo total) \[REVENUE & FEES (BTC & USD)\] Gross Revenue (Pre-Pool Fee): Daily: 0.00234837 BTC ($151.47) Monthly: 0.07142965 BTC ($4,607.21) Yearly: 0.85715581 BTC ($55,286.55) Pool Fees (2.5%): Daily: 0.00005871 BTC ($3.79) Monthly: 0.00178574 BTC ($115.18) Yearly: 0.02142890 BTC ($1,382.16) Post-Fee Gross (Deposited to Wallet): Daily: 0.00228966 BTC ($147.68) Monthly: 0.07014391 BTC ($4,492.03) Yearly: 0.83572691 BTC ($53,904.39) \[OPERATING COSTS\] Hosting Expenses: Daily: 0.00137623 BTC ($88.77) Monthly: 0.04186047 BTC ($2,700.00) Yearly: 0.50232558 BTC ($32,400.00) \[NET PROFIT (PRE-TAX)\] Net Earnings: Daily: 0.00091343 BTC ($58.92) Monthly: 0.02778344 BTC ($1,792.03) Yearly: 0.33340134 BTC ($21,504.39) \[ESTIMATED TAX RAMIFICATIONS (22% FED MARGINAL)\] Self-Employment Tax (15.3% of 92.35%): $3,038.56 Federal Income Tax (22% Bracket): $4,396.65 Total Annual Tax Liability: $7,435.21 Annual Take-Home Profit (Post-Tax Net): $14,069.18 CapEx Payback Period (Break-even) Total CapEx: $60,000.00 Pre-Tax Net Income: $21,504.39 / year ($1,792.03 / month) Post-Tax Net Income: $14,069.18 / year ($1,172.43 / month) Pre-Tax Payback Time: 33.5 months (\~2.8 years) Post-Tax Payback Time: 51.2 months (\~4.3 years) \* Post-Tax Payback Time: 56.3 months (\~4.7 years) assuming conservative 3% compound monthly growth in network difficulty \* With an expected economic lifespan of 3-5 years for an S21 XP, no downtime whatsoever or increase in hosting charges, there is a very good chance you will never break even on your investment. If you intend to attempt to recoup some of the money by selling the miner after 5 years it will basically be worthless plus here will charges associated with decommissioning and shipping the old units. This is of course assuming you didn't take full depreciation which would preclude you from being able to recoup anything.

apply75

Same happened to me with atomic... everything and they are trying to erase everything online about it..BTC foundation needed to make an official wallet that is only download from one place...in my opinion all BTC will be stolen...it's part of the great takening the powers that be want to be able to control or yank your funds at any time. They want you not to pay your property tax one time so they can sell your $400k home for $100k and take the $5k in tax u owe and give u 95k back ..you bought and fixed your home over 30 years you paid all the interest and now you forget one payment because your got sick or busy or someone you love was dying and no one cares...sell their house for nothing and collect the tax

BrokenHefaistos

Oh I beleive you, but it's far from ideal as in a fair market it would be us affecting the price, so there you have it BTC became as rigged as wallstreet. Or the other way around.

lexicon_riot

Let me set the stage for you. The year is 2011 and I'm in high school. I've fallen into the conspiracy rabbit hole after being upset with Ron Paul's campaign loss. I'm watching Alex Jones' Bohemian Grove live footage under the covers (along with the Zeitgeist doc series and a few others that were popular at the time), chatting on Anonymous forums (my username I actually stole from some other anonymous dude I argued with regularly, thought it was a cool name), fresh off the high of reading G. Edward Griffin's book The Creature from Jekyll Island. Basically I think I'm the shit, like I'm some enlightened entity in a sea of NPCs. I'm that meme of the guy at the party, standing in the corner, thinking how awesome I am because I understand how money works. "All these idiots are discussing trivial nonsense, and they don't even understand how money works!" type stuff. At some point, my friends come over and introduce me to the Silk Road. I had seen the word 'bitcoin' thrown around a bit, but I'm diving in fully for the first time because I want to buy some DMT. We aren't old enough to open our own bank accounts or make online payments the old fashioned way, but we drive around town getting prepaid visas in order to trade on btc-e. The more I learn about Bitcoin, the more it clicks in my head, that this is what I was waiting for. The schizo-conspiracy education I gave myself prepared me to understand Bitcoin at the ripe age of 16. Those were the days, man. Buying BTC on sketchy exchanges, the mystique of Satoshi and DPR, absurdly cheap blockspace pre-segwit, printing paper wallets from the school library, etc. It was an incredibly hopeful time, although in my head, Bitcoin was almost too good to be true. In the back of my mind, I sincerely doubted it could get as far as it has, because "nothing ever happens". Those first couple crashes were brutal and soul-crushing, but watching the revival after the fact was awe-inspiring. I'm still here fighting to keep that cypherpunk dream alive. I'm not an OG, but you can say I'm an unc. No matter how mainstream or suit-infested the space becomes, it's still all about private, censorship resistant payments for me. That's my life's work now, and I'm in wonderful company. I don't judge people who got in because they thought it was a quick and easy way to get rich, but if you're stuck in that mindset, you're honestly missing out on the best that Bitcoin has to offer. This is bigger than how much money you can make sitting on your ass and waiting.

Wise-Instruction9535

Man I really hope that you stashed some BTC so that you can get your justice and be rich now that you are out. Also, do you mind telling us what opsec mistake got you caught?

BrokenHefaistos

hmn you call whales shorting and accumulating normal ? IDK I have a gutfeeling BTC would be a lot better without whale farts.

poundsdpound

Lol of course Bitcoin will still exist. I wouldn't even be surprised if BTC out-exists gooning

quintavious_danilo

You predicted a dump, BTC did the opposite.

Few-Engineering9803

11 people agreeing with me is not exactly the end of the world for other opinions. My goal in life is to be financially independent, BTC is currently doing that part. I don't see the problem.

Substantial-Suit-926

If you could stake your BTC, ETH, SOL, DOGE and get rewarded regardless of percent gain wouldn't you? Anything is better than nothing, surely

JeremyLinForever

Did you know that this could work the other way around in a bull market? There can be a massive short squeeze for MSTR when the BTC bull run comes, and instead of selling MSTR they can literally take their USD reserve and instead of buying BTC they can buy back their own stock and cause a 10-20x mNAV squeeze.

satansayssurfsup

“Bitcoin is dead” doesn’t land very strong when BTC is also $60,000/coin.

-bit-thorny-

Liar. But anyway. Ping me once you're selling your BTC for shitfork-coins. I can't wait to get another 30% free bitcoin from dumbasses. Just like last time.

fan_of_hakiksexydays

Great CPI news which means rate hikes are likely off the table. Trump now reversing his decision on charging 20% fee on ships, so it's the start of the TACO on the latest escalation. All this right after some very bullish Clairty Act news of Trump wanting to push it through congress. What a perfect combo for a pump! We're gonna finally re-test $67K and maybe get back to $70K right? ....and BTC is somehow still crabbing around $64K, since June. And $65K got rejected for the 3rd time.

robomartin

It does undermine crypto as a payments system if when you ever interact with a wallet that isn’t your own (sending or receiving) that you get flagged. May I ask, do you send the $40 from Binance? Or was it from a personal wallet? I do think it does violate terms of many exchanges if you send funds to a wallet you don’t control from the exchange, but I wonder if you have to be weary of ever doing it from a personal wallet too. It is concerning. You could pay a vendor from a personal wallet some BTC, and that BTC somehow goes further downstream into something illicit, or vice versa you are a vendor who accepts BTC, but that BTC is tainted. And suddenly you’re blackballed from any exchange.

Shoddy_Trifle_9251

Oo*of!* ***Roughly 30% to 35% of all circulating Bitcoin (about 6 to 6.9 million BTC) is in addresses with exposed public keys. These coins are vulnerable to future theft by quantum computers utilizing Shor's Algorithm.***

ForsakenEbb287

I am using their card for almost all spendings and I'm receiving 4 % cashback and free Spotify and Netflix. I like it very much but dont see Cro as an Investment. Therefore I regularly change the Cro cashback to BTC.

PeaceAgitated1978

Even if the earth is destroyed Bitcoin will still exist. It's my bet. Since people like Elon musk know very well that the best place ever to run any AI or BTC miner is in the space. Cooling is like a huge part of energy spent in the process of mining or computing in AI.. space is a endless heat dissipator of the highest level ever achieved. Therefore yes Bitcoin will exist in space.. as much as any major AI will also.. it's one of the greatest play at it in the short term to invest in Space X.. the AI race and the Space one will fusion and become the same.

jojothehodler

The tech Then the idea of lots of money Then the thrill of the game Then the tech At this point the tech is all that matters. Our freedom is being fucked from everywhere, hard. Only BTC tech gives me the feeling of freedom....thanks to the tech.

PrettyQuick

It's 100% real and the beautiful thing about blockchain is you can easily verify it is real. Small solo miners can and have hit blocks. What is not real is YOUR claim that it can hit blocks reliably. I don't think anyone who shills these things states that tbh. It's called the BTC lottery for a reason.

Equivalent-Respond40

That a solo miner reliably makes $200K with $150 equipment, it’s all marketing BS as old as BTC itself

TheCurlyHomeCook

I'm bullish but still the 30k crowd wasn't wrong. They just haven't been right yet. BTC is either gonna go up or down from here and not one of us knows which, no matter our conviction, hopes or time in the game.

Branch_City

He’s the BTC CEO. He said it himself.

ColdWalletClutch

If anyone on Reddit knew what BTC was doing in October, they would be posting from a superyacht. Stick to DCA.

Any_Carob3372

That ETF MSMR has nothing to do with BTC. Have some respect for accuracy.

tedusam

Wall Street just wants to make money with BTC via ETF funds. It doesn't matter if the price goes up or down they get their juicy fees. I don't believe they're accumulating BTC for themselves, with the exception of a few BTC treasure companies.

DefinitelySaneGary

This is what AI gave me. You would need to do math based on what your specific device and internet connection gives you. Your odds of winning a block are determined strictly by your share of the total global hash rate. The calculation goes:\(\text{Your\ Odds}=\frac{\text{Your\ Hashrate}}{\text{Total\ Network\ Hashrate}}\)Global Network Hashrate: The network operates around 800 to 900 EH/s.Bitaxe Hashrate: A typical Bitaxe Gamma or NerdMiner device outputs about 1 TH/s.The Result: Your mathematical probability of hitting a block on a single attempt is roughly one-in-a-billion.2. Daily and Yearly ProbabilityBecause the Bitcoin network processes a new block roughly every 10 minutes (about 144 blocks a day), your chances compound.Daily Odds: Around 1 in 1.5 to 6.5 million, depending on your specific device's output.Statistical Average: At 1 TH/s, the statistical average means you could theoretically find a block once every 10,000 to 15,000 years, though probability does not guarantee a waitlist.3. Has It Ever Happened?Yes. Although the odds are astronomically low, solo miners using these $150 to $300 devices occasionally hit the jackpot, bypassing massive commercial mining operations. Several hobbyists have successfully mined full blocks through solo pools, earning payouts of 3.12 to 3.14 BTC (worth roughly $200,000 to $280,000 depending on the coin's price).

BrokenHefaistos

Why are BTC'ers such pussies ? It was supposed to be invented to prevent this, to offer a safe haven...but seems it became the thing they sell to buy cheap stonks.

Technical-Expert-289

I'm glad we're finally talking about this, you guys need to be more responsible. Theres loads of bitcoiners including myself who are more knowledgeable about the economics of BTC and the technical side of things can be a total black box. By censoring discussion you were pushing us toward the pro bip110 opposition, and of course you all looked like the bad guys for refusing to censorship

PJacouF

Use Kraken Pro (pro is free but has more complicated interface and lower fees). DCA into BTC and just wait for couple years. You don't trade, if it falls buy more.

jessy3214

For me it did, i had to pay alot of fees to receive overseas payments before thru banks with swift wire transfers, now with BTC i’ve been able to receive payments in minutes and with the lowest fees i could ever imagine, its been 6 years and I wouldn’t change it for anything.

Fearless_Cover8486

yes, nothing to do with BTC. someone just nicked the name.

Xennenial

Quantum computing poses as somewhat of a threat to crypto, but not nearly as much as the FUD shit talkers claim. Bitcoin is the only coin where it can shake things up because other L1s have dev teams constantly working to make them more quantum resistant. And as far as BTC is concerned, quantum will not be able to hack the ledger itself, but it can crack the keys to outdated wallets. This is an important distinguishing to make.

Fit-Poet6736

just buy BTC and ETH and put it in a Nexo account, very simple to use and pays out daily interest on your holdings

Jondoc72

Remember guys, we are very early. Right now prices will be volatile, sentiment will be low. But all new technologies starts the same. Just check when the engines replaced the horses or the early days of the internet. BTC still needs years to go. I did my homework and learned a about the fiat system and BTC, I read a couple of book. I am an early adopter, still I have money in the traditional fiat. If u look close there is no fixes for the fiat system

DrEtatstician

Let’s be honest to ourselves , if BTC stays at current levels , imagine the huge opportunity cost we are missing by not investing in AI Stocks , trend is where money is ( whether it’s hype , sustainable etc doesn’t matter )

deltamark_btc

from the price desk: the equities carnage and BTC's price action are telling separate stories right now, which is the part worth tracking. GEMI/BTGO were spec bets with thin moats - they're repricing to what they're worth as companies. BTC mid-$60s on thin volume is completely unresponsive to both the carnage and the TradFi headlines. different instruments, different catalysts. the tokenization taskforce is real. it's also a 3-5yr infrastructure build, not a near-term price catalyst. markets price catalysts, not thesis correctness. so you can be completely right on the macro read and still lose on the trade this year. on the private vs public chain question - most tokenization use cases that actually require auditability are landing on public chains with access controls layered on top (Ethereum mostly, not BTC, not private rails). if that pattern holds there's a legitimate token accrual case. if TradFi goes full permissioned/closed, then it's an ideas cannibalization story not adoption. that's the variable worth watching, not the press releases.

Any_South_6437

sorry, I'm just trying to learn, and there are many people just like me who are confused from all of this. we do have a vote though, and we are all free to cast that vote on the team that we think deserves to win. I do have a few questions specifically for you -bit-thorny: can you explain to me, or at least give one example as of what you yourself can't do if BIP-110 becomes mainstream? instead of telling how it affects other people either directly or indirectly through proxies, how does BIP-110 affect you directly? also, how did big blockers lose all their BTC a decade ago? and is the same thing about to happen with BIP-110? and who are the people who lose their bitcoin if this is the case?

GIGAbtcHodl

The less BTC you have, the louder you are :)))

GIGAbtcHodl

Everything will be built on electricity, including currencies. This is what makes us believe BTC won't go anywhere

PleasantAd7956

worth noting these two assets aren't in the same legal bucket. the ETH goes into a separate stockpile that explicitly allows disposal, so that one selling isn't surprising. the BTC part is weirder though, there's a 2025 executive order that put seized bitcoin into a reserve specifically saying don't sell it, so this at least brushes up against that unless it's pure custody reshuffling. we've seen "just custody" claims not hold up before (jan samourai case ended up at zero balance shortly after), so guess we'll see if this one's different.

bittenbycoin

BTC market was $58k and about to break down to who knows where when they announced they are allocating $1.2 billion of bitcoin for sale. The BTC market steadied and even rose after they sold a couple of thousand BTC. The market steadying like this offers another piece of evidence that the amount of BTC they hold, effectively almost 850,000 under one key, is distorting the BTC market not in the best way (and no, blaming the previous slide because they sold a couple of dozen a few week earlier was definitely BS.). Sorry but 850,000 bitcoin held under effectively one private key is not the way bitcoin was designed, and the market will continue to pound those who try it (and the rest of us) into submission, or at least the evidence is mounting that this is the case.

-bit-thorny-

Big blockers who already lost all their BTC a decade ago: "we are back with another random change that we pinky promise will solve all your problems!" Experts (and basic logic): "It doesn't do what it claims and it has shitloads of downsides and outright dangers." You: "even if it doesn't do anything to stop spam, so why not just let it happen?" Like wtf? After you had several hours of personal handholding by one of the biggest experts and several others? Spend your time rereading the answers you got already instead of asking people to explain it again.

IBAN-IBON64

Acheter du BTC en DCA avec un exchange comme Kraken par exemple et stocker sur un cold wallet tous les 1000 $ ou € pour limiter les frais. Ne pas trader conserver. Le reste va te ruiner

poploves

I’m not bagging on dude but I got in in 19 or likely 20’ myself and learned quick don’t f with ERC20 tokens (gas prices).. and dumped all other but BTC a year plus ago- leaving only about .75 of a BTC - avg cost 29k

AidenFested

"Remember when everyone thought they'd get rich of Bitcoin" seems way more likely. Allow me to explain why Bitcoin is over - it won't go to zero but it won't be hitting 100k anytime soon, if ever. In order for the price of Bitcoin to go up, new people have to come along and put money into it. Individuals aren't going to really move the needle, you need large institutional investments. Those investments are just not happening anymore, especially at the rate they had been a few years ago. BTC and block chain tech is last years (last decade really) tech; AI is the new king. Basically no one is coming along to dump huge amounts of money into BTC anymore; they're not cashing out but "too the moon" is a joke.

quintavious_danilo

You don’t need information on BTC, what for ?

Peach_Lover_101

My "all time" is break even only due to selling MANA at the top (80x, my only real successful crypto trade). Should have sold everything back then. round tripped the rest of the pile twice like a retard. though if you held about half of your stash in ETH and BTC you shouldn't look as bad as that. The Coinbase bag is mostly dinosaurs: BTC, ETH, LINK, XRP, XLM, ADA, HBAR. Got more adventurous plays on Kraken and Coinbase wallet which honestly, I'm afraid to even look at.

kepalautakkau

0.000003 BTC holder here. I only complain three times a day

Argyrus777

Trump: “I’ll send you BTC and you open the straits for a little bit ok?”

WhaleWilliam

At 2x leverage a 50% move in the wrong direction gets your assets seized. At 5x it's 20% right now even BTC can move 20% and no one would be surprised. Hell USDT could move 20%; it's not impossible

AccordingFloor7010

What you're forgotting is psychological effect that the inevitable MSTR bankruptcy will have on the average BTC bro, and whales alike.  Mstr gets all the publicity now, and will continue to when it all goes south.

QuietPsychological72

BTC is, always has been, and always will be file storage. File storage is money. If you don’t understand that you don’t understand bitcoin. Bip-tards are the sort of people who’d put a spam filter on their email accounts. Smh

Objective_Young_1384

If a quantum attack were to occur, the S&P 500 would plummet 1,000 times faster. You clearly lack technical knowledge of software and cryptography if you think BTC is going to be a problem, lol — it’s literally the last line of defense on the internet!!!!!!! That’s why they use it as a benchmark for quantum advertising.

Possible-Class5969

Para sa kin hindi pa bottom. Wala pa yung max pain. Kapag ramdam na yung max pain yun na bottom. Isa pa madami na nagsasabing bottom na si BTC at 60k. 50 percent pa lang yan from 125k. Whales get attracted to go all in kay if at least 70 percent drop not just 50. Yan reason bat walang malalaking engulfing bullish candle sa weekly. Ang totoong bottom yung 70 percent or more na bagsak tapos tska madami magsasabi mas may ibababa pa price pero actually yun na yung bottom na hinihintay nla. Not now na ang dami na nagsasabi na bottom at 50 percent drop. Pag madami na dn nagsasabi ng interest kay BTC that's actually the opposite. Isa sa mga signs ng bottom pag madami na magsasabi ng Bitcoin is dead, yan walang dudang bottom na. Unlike now madami pa dn nagsasabing bibili pa sila madami Bitcoin.

Densinio

BTC is supported by criminals and get rich fools.

BangkokPadang

Are there like... goliaths that move through if somebody makes a 10,000 BTC transaction or anything like that? Little surpises to keep it interesting? It's hella cool btw, that was just my first thought.

NotMyBestEffort

Seals with clubs poker... my first BTC purchase was 3 for $45.00. My poker stats say I lost a couple hundred grand playing online poker. I did not. I lost how much I bought in for, about $150.00.

Crypto_4_Cash

Damn bro. I read this entire thread, and all I can say is that I feel your pain. In 2019 i got got because of interpol cracking down on WSM/DM. Lost about 250 BTC to seizure. But btc was a lot more expensive. I think we paid 12.5k per coin for the vendor deposits at the time. We thought we were on top of the world. 3 months and 300+ sales in, we thought we were unstoppable. Little did we know, but 200+ of those sales were to the police. I never touched the drugs, or the shipping. Let's just say I was in "customer relations". Damn BKA sentenced me to 7 years probation and over 30k (plus 16k for my lawyer) in fines. All in addition to the massive amount of BTC they confiscated from me. Shit happens. You live, you learn, and if you're smart you never repeat your previous mistakes. In march my probation is over, and I can finally completely move on from that terrible point in my life. I can't wait! Congrats on getting through your troubles, dude! Good luck with all your future endeavors.

Billkr

Why would you want to store clutter on the BTC blockchain?

MrMoo151515

Pick one of the other shit coins to muddy up. We don’t need anything else on chain. Just BTC.

Future_Truck1126

Well, I certainly bought, took out a loan against a small stack of my BTC, we will see how it goes! Either way, its all money I can afford to lose! God speed to all!

MoneyComesWithTime

BTC 25k next step. Going down big the next couple of months.

blaivas007

Bitcoin is not regulated directly by a central figure. It can try to regulate it via third party actors (CEX, for example) but the reality is that if I wanted, I could freely use my BTC however I want and nobody can do anything about it (short of illegal scifi level CIA hinderance). That's the whole reason why crypto is so popular among criminals. As for the *idea* behind Bitcoin in 2026, well, everyone has their own opinion, hence why you objectively cannot say the person you responded to is objectively wrong. There are far more reasons people would want crypto to remain unregulated than just to commit crimes. I'm sure you can think of some.

Good_Extension_9642

And the irony is now we think why didn't we buy any in 2015, it was between $320 - $463, our excuse was "I didn't know about it then". In 2035 when BTC is over 1 million we'll think " it was so cheap back in 2026 at 60k"

finepnutty

When the AI bubble pops BTC will go down with it

Virtual-Metal9290

With BTC: Food once each week or two. All of my electronics for the past few years. About a dozen other random one off things. With oil: nothing With fiat (which was not part of the original comparison): everything that has no vendors who have yet started accepting btc

Itur_ad_Astra

The only way to make money in crypto is if you have zero belief in it. Treat everything like a shitcoin, short pumps, realize that even BTC is a shitcoin that will be dead in a few years anyway, and you can make some money.

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Post is by: UseTranceAi and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1uvoygp/over_315m_in_longs_liquidated_in_24_hours_bitcoin/ The crypto derivatives market had a rough Wednesday. More than $315 million in leveraged positions were forcibly closed within a single 24-hour window, with long traders absorbing the overwhelming majority of the damage. Bitcoin slipping below the $60,000 support level was the match that lit the fuse, and an over-leveraged market provided plenty of fuel. # The breakdown, by asset Bitcoin led the carnage, accounting for $152 million of the total liquidations. Of that figure, 92.91% were long positions, meaning traders who had bet on continued upside got caught badly offside. Bitcoin breaking below $60,000 was the proximate cause. Large transfers of Bitcoin to centralized exchanges in the lead-up to the event added selling pressure, as on-exchange BTC typically signals that holders are preparing to sell rather than hold in cold storage. The mechanics of what happened next are worth understanding. Perpetual futures liquidations do not happen in isolation. When a position is liquidated, the exchange sells the underlying asset to cover the debt, which pushes price lower, which triggers the next round of liquidations. The $315 million figure reflects where the loop settled before buyers stepped back in. For more information on this topic; Source [https://www.usetranceai.com/markets](https://www.usetranceai.com/markets) Crypto Briefing . com *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.*

ProfsrGabriel

Don't worry about that. It's just a distraction. I'd rather keep accumulating or natively staking my BTC. That's what I'm doing while waiting for the TBV launch.

HarveyKiam

Don't worry about that. It's just a distraction. I'd rather keep accumulating or natively staking my BTC. That's what I'm doing while waiting for the TBV launch.

Fettiwapster

Should BTC be an inflationary hedge?