BTC

robbydukes

This is the kind of institutional backing that changes everything. When you've got Vanguard and Bank of America telling wealth management clients to allocate to Bitcoin that's a major shift. Still keeping most in BTC and ETH but the foundation here looks really strong for sustained growth

jesuisbitcoin

In the old days, when people saw an address posted in this sub, they couldn't resist but send some μBTC to it for no reason. I have done it myself but times have changed :)

McBainsley

“But their wallets were empty.” Says who? That’s what I’d say too if I was a hardened criminal who tortured someone to extract their BTC (I hardly ever do that though, don’t worry). 

Purple-Word-9915

BTC

JohnWickstyle

Big mistake. BTC is in a downtrend until approximately Oct 2026. This is just a small recovery from going down too fast. You've been warned.

HemiSync

I DCA every day at 5am for no particular reason other than I like to wake up to a notification on my phone telling me I own even more BTC. There is no actual better time of day to DCA as no one can predict the pricing.

McBurger

I had some clarity the other night as I was really thinking big picture. About the fact that we do have “small countries” keeping BTC as a reserve. It will take time but it really is bitcoins best use case, a global liquid asset that any person can quickly obtain or transfer with them in times of economic uncertainty. It has nowhere to go but up, long term

GarrettJohnson1984

yeah thats basically the pattern. dip buyers show up every time which creates support levels. works pretty reliably for BTC and even alts like SEI SUI APT. the trick is knowing which dips are actually worth buying versus catching a falling knife tho

AbbreviationsLive475

Mr. T and BTC… I pitty the fool who buys high and sells low!

Blockchainauditor

If I recall, the price of BTC didn't go above 0.40 in 2010, hitting .50 for two days in November per investing.com. A believer could have taken the $100 and purchased at least 250 BTC at the time. But when we look back ... I attended a blockchain conference where everyone that had 10 vendors stamp a card received a BTC. I was too lazy.

MariachiArchery

I'm a 50k doomer, 100%. Short term, I think it is more likely than not BTC re-traces to 50k. 20k to 4k. 60k to 30k. 65k to 15k. These crashes from an ATH are not ancient history. They are recent. An AI bubble burst could absolutely crash BTC well below 50k, as the greater equity and capitol markets look to de-risk, and quickly. And even outside of an AI bubble, we could still see investors look to de-risk just because of chaos in the White House. Crypto will always lead the de-risking charge. August of last year, we were trading at 50k. I do think we can re-trace to 50k no problem. However, I also think that just as quickly as we can drop to 50k, we can also rocket to $250k. With BTC, both of these things can be true. I think 50k is more than possible, but I also think 250k is too. Does that make me a doomer?

battery923

so their BTC is locked away forever now right? I'm just curious if this means less coins in circulation, every story has positive spin potential

Slopadopoulos

I'm calling it. BTC rising within 3 days.

Informal-Ad220

So, is B of A going to rehypothecate their BTC ETFs like they do their depositors cash? I'm guessing, yes.

KingFIippyNipz

Wait I thought everyone who was anyone in support of BTC said Trump would be the BTC president?

MariachiArchery

Was Burry correct about the housing market? Yes. However, the market wasn't. The market wasn't trading rationally, it was trading greedy. Therefor, we got the bubble. So, Burry in this case, was 'correct', while the market wasn't. I'm not really making a claim about Burry here. Just pointing out that he tends to expect the market to trade more efficiently than it does. So, he gets into these positions where he is the contrarian, often making his investments bad. Again, the housing crisis was, for a long time, a very bad investment. >His "deep-value" rationality is simply the PE ratio, which is mostly irrelevant for assessing value to most investors.  Exactly. This is his problem. That is my only claim here. He can't apply his PE ratio to BTC, so he says its worthless. Is he correct? Maybe. But right now, the markets disagree, and he seems to be in denial of that.

Fresh-Soft-9303

Fiat is worth nothing in the same way as Michael Burry says Bitcoin is worth nothing. But to your literal argument and not the metaphorical here, the answer is: 1$ fiat = 1$ worth of product 1 BTC = 91,000 $ worth of fiat / product There, answered both sides of your brain.

Leading_Wafer9552

100% agreed. Tax obligations in the US makes using crypto impractical. Practically every single move requires a loss/gain tax calculation and report. The people who tell you "moving crypto from one wallet you own to another wallet you own is not a taxable event" are wrong. The network fee of crypto you spend (hence dispose of) to send the other amount of crypto from your first wallet to your second wallet causes a taxable event. The IRS is very clear on this, spending/selling/trading/or otherwise disposing of crypto creates a taxable event. Many people have misinterpreted question 38 of the IRS crypto FAQ statement about moving crypto from one wallet to another.  Question 38 is only referring to the crypto you retain ownership of going from 1 wallet to another, but not referring to the crypto you're actually spending to move it. The network fee you're spending to move the crypto is a taxable event that must be calculated and reported to the IRS as a loss/gain. For example, if you send 1 bitcoin from your 1st wallet to your 2nd wallet, that "1 bitcoin" amount itself wouldn't be a taxable event because you still retain ownership of it, but paying that small 0.00000250 BTC network fee to send it is a taxable event because you are exchanging 0.00000250 BTC for the service of the transaction, in which you would need to calculate and report a loss/gain to the IRS for that 0.00000250 BTC amount. Most people rely on the automated crypto tax software, but even the software can't be 100% accurate all the time. Most automated tax software relies on simplistic accounting methods like FIFO/LIFO/HIFO...etc. If you commingle your funds from different purchases into the same wallets/accounts and intentionally sell/spend specific amounts from different purchase periods, then the tax software could not accurately account for which funds you are actually selling/spending. The other problem with the software is that it requires you to connect all accounts/wallets. Some exchanges are no longer accessible to do this. No software has ever accurately accounted for and calculated transactions for me. Staking rewards like ADA creates a headache because of the high frequency and miniscule payments. DeFi I don't even bother with No one is going to want to adopt crypto with these tedious tax obligations in place. I'm definitely fed up.

JeffreyGoolst

One of these years BTC will eventually hit $1M

Happy_Discussion_536

Nothing worth investing in can reliably 10x in a short time with the knowledge today. BTC will 10x but be prepared to wait many years.

riscten

If there's no more price action then we get rid of the paperhands, and with only the average US investor keeping 3% of BTC in their portfolio, we're looking at $500K per coin.

Happy_Discussion_536

I sleep like a baby with BTC.

VariatCA

The smaller bears don't need to own any BTC at all to affect the market downwards, as they can open short-positions by simply borrowing the asset and driving sell pressure. Depending on capital they won't do much at all by themselves, but added up it has a big effect every day. The larger bears trying to drive the price down actually *do* own BTC, and try to use this to their advantage by not only being able to open large short-positions but also time massive sales into the market at strategic times (big sells into low volume, or intermingled with brief periods of high sell/short pressure). That can lead to steep drops in price where longs may get liquidated. Then they would close shorts / re-purchase their "ammo" (the BTC they sold), and try again.

Premium_Hunter

Hopefully more dispersion will allow BTC to act like an actual store of value and not front-run market sell-offs. It will gain the "digital gold" appeal if the volatility calms down. However, we could still be years away from that (if ever).

biba8163

**Crypto ETF(s) Volume on 1st Day of Trading** | ETF(s) | Volume | |:-----------|------------:| | BTC | $4.5 Billion | ETH | $1 Billion | XRP | $59 Million | SOL | $55 Million | LINK | $13.81 Million | HBAR | $8.5 Million | LTC | $1.5 Million

GIGAbtcHodl

BTC all day.. Since 2017 it remained the main choice. We generate the $$ and convert it to BTC.

GIGAbtcHodl

Future is as promising as it can get for BTC... It's the asset of at least this century. But might be even more

Axe_Raider

i guess i was too subtle. MSTR is just a wrapper around BTC, and the fact that it was trading at a large premium to its holdings was an easy arbitrage condition -- one that you exercise by shorting MSTR to buy BTC.

lightbulb-7

if we compromise on decentralization it's irrelevant even when BTC reaches $100mio Would be again a permissioned system where you need to buy your "coins" from a licensed brokerage account. This is not what Bitcoin is here for

growmywealth

You basically own a claim on share of larger network BTC pool. You don't technically own the BTC in your lightening wallets. It's internal structure is very similar to an exchange. I would stay away from lightening - unless it fixes some of its risks.

Leading_Confection32

All bullish. The people that actually understand BTC are taking it off exchanges. These big players can drive the price up for us!

owen_a

You're absolutely right. The people raging like kids in a console lobby are the ones screaming when it fluctuates, and they're the ones telling you to buy high and sell low, literally the complete opposite of what trading stocks 101 is. Enjoy BTC and life! 😁

Colekaine

DCA what, BTC or a shitcoin with the daily exchange liquidity of a used car? The first one doesn't matter whatsoever, the 2nd would benefit from knowing peak exchange liquidity times.

Axe_Raider

BTC is about decentralized finance and how we don't need to depend on banks and corporations to control things, and that's why i support Strategy Inc. without question.

Axe_Raider

the lovefest here for the MSTR corporation makes no sense. MSTR should be worth the bitcoin it holds. it shouldn't matter if it is or isn't listed in any index. the massive premium that MSTR used to have over BTC was nonsense, and i'm glad traders took advantage of the arbitrage to short MSTR and buy BTC.

JanPB

Not to get BTC but to make life harder for MSTR e.g. by exercising their MSCI control, threatening to delist MSTR from some indexes. JPM announced this on 10 October, and the BTC price started to go down roght on cue. These are just facts, YouTube are free to draw theor own conclusions of course.

SnooMachines7409

Not always true. ETFs also have fees and buy-sell margin, and will always have a slippage where price of ETF will be slightly lower than actual BTC. For example, FBTC which is Fidelity's bitcoin etf is down -3.85% in the last 1 year but bitcoin is only -3.47%.

DistributionOk2111

Stay true to BTC man, i hope you will not make the same mistakes alot of us did, including myself, don’t touch the other coins

No-Manufacturer7149

I am just gonna leave this here. https://youtu.be/jYcMkhxfoNU?si=rVsr6oNJpJQ0inLo I am a BTC believer but you all are crazy if you think JPM is out to get BTC. Just go out and take a walk or something.

DryMyBottom

does she owns BTC or its ETF?

_bad

...the fuck are you people talking about? JPM is issuing a deposit token. JPM's asset management recommends having some portion of your portfolio including crypto. They just said they see an upside potential of over 150% on the current price of BTC. You idiots are falling for MSTR bagholders shilling fake news on xitter. MSTR is a fucking accounting scam based company that is doomed to fail. Just buy BTC if you want to participate in this asset.

ContentFlagged

Your comment makes zero sense. With different punctuation, I can see it making sense. "If we return to 150k..." my BTC is gone. It sold. I don't care where the price goes. It's investing take your emotions out of it. I will have exceeded a 274% return for my BTC holdings for this cycle. All macro indicators show we are most liking having a double peak like cycles before. How high BTC will go depends on liquidity. The US government and Fed are going to increase liquidity and have been. "...it may not go as you hoped." Hence why I sold half at 121k, big guy. I locked in some profit and cashed all of my original investment. The next sale in March 2026 will be all profit in a new tax year. That is a win. So is we get to 130k and crap the bed, I will still sell. I feel like you comment is one appropriate for more of a novice investor. If you have opinions or insights from your due diligence, why not use those points to strengthen your comments?

Unlucky-Run8824

Not me, still Holding my .5123 BTC lol

Positive-Double3927

Exactly, we have 10% of our NW in BTC as well

LionRivr

First they ignored BTC. Then they laughed at BTC. Recently they were fighting BTC. Now BTC is winning.

nolaughingzone

Read about how JP Morgan cornered the Silver markets in the 1980s and even 2000s Them trying to corner BTC is completely in line with their philosophy

Quirky-Reputation-89

Idk what stable means. The easiest way for me to buy the alt coin is an exchange that only takes BTC.

MContent_Official

I rather buy BTC at its launch price 😂

copyofa_

Pretty much any exchange. CashApp, Strike, Coinbase… some of them may wait a few days or a week before your deposit clears before they allow you to withdraw anything. If you need it faster… maybe a BTC vending machine? You’re paying a high convenience fee though.

colonisedlifeworld

Can’t you just swap your USD for stable and get the alt coin that you want? Why do you need an extra step by getting BTC?

Calm-Professional103

And now we return you to the soothing elevator music of the TradFi system.  Fuck their advisors.  DYOR.  Own your own BTC.  Don’t go meekly into the mouth of the lion.  

uthillygooth

I have a couple long terms where I just DCA 75-100 every 2 weeks. BTC gets the most then ETH and SOL. I’m a long term believer in stablecoins so I’ll throw 10 bucks here and there into CRV under .40-.50. Have old lp farms on some L2’s. The truth about crypto is that positioning your self not to lose money short-term is the most important thing. Tead-fi is a better and safer investment right now.

colonisedlifeworld

An ETF cannot do a hard fork. It’s a fund, not a network. What are you talking about? If you’re referring to BTC doing hard fork, yes, shareholders will not receive the forked tokens.

distillenger

Bragging that the retards in the Trump admin are pro-BTC isn't a great look

The-Jolly-Joker

Not true at all. Quantum cryptography can be applied to financial firms but not BTC.

Historical_Drama_76

Like any cycle, there will be a boom and bust. Even if BTC dumps to 50k level, it will simply allow for new accumulation and then new ATH later. Every time it dumps, it enters a period of accumulation and everyone thinks it is going to zero and stays away. Smart money buys it all. They then rush to buy when it has already doubled in price, then get dumped on. Again. We dumped to 15k, no one would buy thinking it's all over, zero. Now we at 100k levels and people buying this late. It will dump, they sell in loss, say it's all over. Whales buy back again cheaper. They then pump to new highs. Cycle repeats.

Premium_Hunter

My assumption is there's no more "news" that is going to moon BTC aside from a major country announcing a significant buy program. Now we just have to patiently wait as more and more people sprinkle a little BTC exposure into their accounts. BoA just recommended 1-4% allocation to their clients. That wont happen over night, but very slowly more and more people will adjust. This should cause a general increase in price (with bumps along the way).

HolySachet

Precisely. No translation needed. I was a very early young bitcoin believer myself, and it took me a bit of time and maturity to understand this: fees and banks were built for a reason. Thinking that billions of people would rely on a piece of paper or a piece of hardware to safeguard their whole net worth is naive, if not delusional. What if your appartement burns down? What if someone finds your private keys? What if when you die, your wife does not understand it and throws it away? The more time elapses, the most difficult it gets: moving appartements, countries, changing furnitures, etc. The only real safe way to keep a private key safe is to use... well, a safe. 99% of people will hold BTC in a custody of some sort, exchange or ETF. Then you have the 1% of nerds/maximalists who won't. That's the simple truth.

Elly0xCrypto

It is looking that the market has bottomed out and I'm currently starting to open some longs on BTC on nexo and also the ETH seems really bullish too.

Amber_Sam

>Tell me…who is the “centralized” entity holding the collateral **Conbase holds the real bitcoin BTC** - they are central authority and can decide in the future to **NEVER GIVE THE BITCOIN BACK TO YOU.** Read the last sentence again, please. #Conbase is holding all the BTC and might, might not, give it back to you. **There's ZERO BTC on the Morpho protocol.** Only a shitcoin, created by a central authority. Conbase issues and sends a wrapped shitcoin - cbBTC to this morpho protocol running smart contracts. Now go ahead and download my comment because you feel insecure, lol.

darodardar_Inc

BTC fell from 65k in late 2021 to 15k in late 2022 That’s -76.9%

Purple-Character8623

Volatility and market woes are just a name of the game, if anyone’s telling you they got rich off of BTC they got in early and did it over time. Everybody’s looking for the next big break while whales are making their fortunes make them more fortunes.

kyleleblanc

Congrats! Just want to clarify though, there is no Bitcoin on your Cold Card, only private keys. Your 1 BTC is in the same place as everyone’s Bitcoin, on the timechain as a part of the latest UTXO set. Cheers!

Gubbie99

dont mind them. if you like the price. buy and be happy. myself though im waiting for the BTC discount at arround 30k in a few weeks/months. thats a price i would accept and be happy. no need to fight or argue. dont mind the bears. if you think buying BTC at this price makes you happy. go for it.

PhoeNix_WYL

If I ever needed to buy around 50k of BTC for a project, I would compare ACH based exchanges against any OTC desks my bank is comfortable with. Best Wallet helps me track costs, fees and spreads may sneak up.

Open_Bluebird_6902

Actually I keep my coins long term, but I think is going down short term, I despise the BTC cult even if I have coins

Arbiter_89

This, but also the cycle isn't over yet. People celebrating BTC's rebound may be a bit premature.

Amber_Sam

>BTC-backed Loan: Decentralized. Wrong. Conbase is the centralized point in this point. I'm all for Bitcoin backed loans but I wouldn't call this scenario decentralized. Also, have a look at [Milo Bitcoin Mortgages](https://www.milo.io/mortgage/crypto-backed-mortgage/) if you want to take this a notch up. Still centralized but it could become the standard in the future.

Divniy

BTC's general price trend is following a logarithm chart on logarithmic scale. It's slowing down but it also stabilizes.

Cryptomuscom

Welcome. Strategy-based work is the right focus. Trading without one often ends up feeling like pure gambling. The community consensus is usually to start learning with BTC and focus on consistent DCA before risking anything on quick trading. It's more of a marathon than a side hustle.

Double-LR

Same shit that happened to all the 1m in 25. They crawled back in their little hole to go create the next wild fortune teller prediction about BTC.

Ok-Pirate3030

Dang bro really sold a BTC lmao

wintomato

Starting with a small amount just to learn is actually the best way. Crypto can be gambling if you’re just guessing, but if you take time to understand the fundamentals, it becomes more like regular investing. Focus on learning first (wallets, BTC/ETH, security), then test things slowly. And maybe peek at stocks too, nothing wrong with exploring both.

Forgot_Password_Dude

Don't know why you're down voted. I have nothing but BTC ETFs in my 401k

Sea-Development-8046

BTC could still sink to 50k, easy. That's not being a "doomer", that's called experience, son.

J___Y

I work long shifts, so I do not have time to stare at charts, and swapping everything from ETH to BTC at once would stress me out. Best Wallet just worked for me when I wanted to park coins somewhere I could actually understand the send and receive history. With ETH and BTC I move slowly and use extra money.

cyclicalwand

Not even close. They have $16bn worth of debt and 650,000 BTC so BTC would have to go below $25k before it didn’t cover the debt. The debt is also unsecured.

LavineNadine

When I think about BTC, ETH and SOL, I try to break it into different buckets in my head: foundation, smart contract platform and higher beta ecosystem play. Best Wallet made basic buying, holding and checking fees feel straightforward for me, which can matter a lot when I’m trying not to get overwhelmed by price swings. I just keep positions small and remind myself any of them may drop hard.

andys811

It's so obviously not over all these short sellers and people selling low in anticipation to buy back lower, or the ones sitting on cash waiting for another dip, they are all going to get fucked and it will be hilarious. And yes I am too confident and will happily look retarded if I'm wrong. I'm not betting against BTC in this current state of the economy

Tunfisch

I think the risk of losing 9k$ is worth it, I wouldn’t put all my money in BTC for me it’s about 10%.

iterativ

You had to check the details of the last drop. That was thin market at the change of monthly candle too. With BTC dominance staying stable. Not soaring or something. And stayed above the previous low.

coinfeeds-bot

tldr; Further Asset Management and 3iQ have launched a $100 million hedge fund targeting institutional investors for structured cryptocurrency exposure. The Further x 3iQ Alpha Digital Fund offers a Bitcoin-denominated share class that reinvests gains into BTC, aiming for risk-managed, scalable access to digital assets. The fund, seeded by institutional and sovereign investors, is designed to increase Bitcoin holdings while maintaining long-term exposure. It reflects growing institutional interest in crypto investment opportunities. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

jphouminh

With cash turning into BTC, I just focus on using something regulated and watching the fee line closely. Best Wallet became my simpler receive address, so I can sort transfers later without extra clutter.

kmacbeth1

Whenever I see titles telling me to dump all my BTC for meme coins, my first instinct is to slow down, breathe, and remember that I only understand my own risk tolerance and time horizon. Best Wallet has been fine for me handling small test buys, because I can see fees clearly and it keeps the process simple enough that I do not feel rushed into big decisions.

the_bagel_warmonger

Not always. Fidelity's BTC ETF keeps their coins in cold storage.

joshcg68

I got the Coinbase credit card mainly to test it, so I started by using it for groceries and gas and checked how consistent the BTC rewards were and whether statement credits posted without weird delays. Best Wallet made it easier for me to separate holdings from card rewards, so I can treat card like a tool not a vault.

HalfRick

Okay, so you’re saying BlackRock would use their equity (the $49 billion that you call « money in other assets ») to buy back potentially lost BTC to compensate their clients? That means that they would go bankrupt.  I of course don’t know their operations or details about their insurance, but what I can say is that Blackrock is not going to just accept going bankrupt in order to compensate lost BTC in the event of a hack or other catastrophic oprisk loss event. 

Euphoric-Fail5079

Bro there were people like ‘might buy when it hit 30 maybe pick up some more at 25’ although I’ve learnt not to make predictions on BTC. Wouldn’t be surprised if it went to 60-70 the main thing is that I no longer feel anything no matter how big the red number 😎

PancakeConnoisseur

You don’t have to continuously hold BTC to make money off of it.

Old_Equipment411

This is the way. Too many people still think BTC is just a get-rich-quick scheme when the real builders are laying foundation for something way bigger

Shazvox

Guess what... #BTC IS ON 93!!!! OMG!!!

Screamerouk

I’ve been BTC heavy for many years but I think 30-50k likely next year for the 4 year cycle low - 5 year cycle blah blah. I’ll subscribe to the 5 year cycle when I see evidence of it. BTC that low would not be a problem at all. Where do I see it going now, we’ll assess at 96-98. Any weakness im out. One thing I've learnt with BTC is it goes higher and lower so theres absolutely nothing wrong with buying at any time as long as you're prepared to hold. I'll be surprised if I am holding into 26.

Shazvox

If I was BTC I would be annoyed everytime some fool felt the need to post on reddit for every twitch I made... #OMG!! BITCOIN MOVED!

SUPERDUPER-DMT

Puts things in perspective when the fudders say BTC is dead, again, LMAO

Ubique008

Warren Buffet called BTC ratpoison when it was 20k in 2020 december I think The rich dad poor dad also makes atrocious calls all the time All this go to show even billionaries dont know shit from fuck a lot of the time

BunnyKomac

Exactly. If i was you, I'd stash money aside and wait for bear market. Buying BTC in the 50k-60k range would be ideal. Also don't get caught in the ''alt season'' talks every bull run, it's a bunch of bullshit. If you've got bigger amount to invest, go all in on BTC.

JonRenny

Still a virtual worthless asset. Only value is as an investment speculation. Which is what drives it's whole up and down swing in fiat exchange value. A good currency has to have a stable value (it's value vs hard assets). I beliwved in ceypto 8 years ago, when I first fot into it. Now, not really. It has had time to grow and develop, but all crypto has done is to display what kind of worthless, bubble of "perceived" value is has displayed. For a crypto to really have usable value, it need to be a untraceable digital currency. Otherwise you can just use normal fiat currency. The whole point of crypto, is it's privacy. I sold all my BTC / ETH and invested in property. Solid hard and productive asset. Gold is the real deal og investment, if you want stored assets. You can make stuff from Gold. Always has been the reference asset vs currency.

growmywealth

You can rebalance your portfolio over months and still be an investor. I just sold at right signal and bought back again basically multiplying my BTC holdings every time I did it. Whenever i went wrong, it was either a small loss or basically break even during false signals.

Epileptic_Fridgeboy2

Well, BTC also rises regardless of which elements are perceived to be priced in or not. So trying to pin down how much of a rise is the priced-in element or just natural market buying pressure is nigh impossible.

inShambles3749

No you misunderstood. I said all the price impact bullshit you twats fantasize together is irrelevant and a waste of time. The only thing that matters and is real is the BTC cycle.