BTC

AutoModerator

Post is by: LonelyBeautiful1380 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1wp0k0o/selling_bitcoin_vs_borrowing_against_it_during_a/ BTC moving up again has put me in a weird spot. I need some liquidity, but selling Bitcoin right now feels like the exact thing I might regret if the run continues. So I’ve been looking at the other option: borrowing against the BTC instead of selling it. I understand the obvious downside is liquidation risk if Bitcoin drops hard, but if you keep the LTV relatively low, does a Bitcoin-backed loan actually make more sense? I’ve been looking at Arch Lending and a few other options, and the things that seem to matter most are custody, whether the BTC gets rehypothecated, liquidation rules, and how much time you get to add collateral. Curious how people here think about this. If you needed cash today, would you sell some BTC or borrow against it? *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.*

alterise

> real cryptocurrencies that are mined using proof of work like BTC, BCH, SOL, etc one of these is not like the others.

Topspeed_PT

People open shorts and longs in bull and bear markets. Just read patterns and you will win most of them. Right now, BTC is trending down. 3rd daily red candle.

aprx4

Currently BTC is viewed as another risky investment, affected by macro economy. It is not viewed as a hedge against government intervention (or some extend, socialism).

AutoModerator

Post is by: sylsau and the url/text [ ](https://goo.gl/GP6ppk)is: https://inbitcoinwetrust.substack.com/p/52-bitcoin-were-rescued-now-their 52 Bitcoin were rescued. Now comes the hard part: proving who owns them. White hats moved 52.37 BTC linked to the Coldcard exploit into a recovery trust. Imagine claiming your savings back—and discovering your private key isn’t enough. Because a thief may have the same key. Bitcoin can verify both signatures. It cannot decide which person deserves the coins. Getting them back may require financial records, identity checks, and human judgment. How much of your financial life would you reveal to recover your Bitcoin? *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.*

Physical-Profit9447

I am sure everybody here bough BTC when it was 1 dollar.

TheRadishBros

Compare ETF inflow chart to BTC chart

TheRadishBros

It’s because price is primarily driven by ETFs now, which in-turn are influenced by macro economic forces. Rather than BTC itself being directly linked, but in the grand scheme of things this distinction doesn’t matter.

faisal_yk26

Genuinely funny how much BTC tracks the bond market now. Anyone else check yields before checking price?

NotYourAvgBoomer

If somebody stops eating well and wear second hands cloths, neglect his health and stay all the time at home (cheapest he can find) just to buy more BTC, he is my opinion very poor. Life is passing by and nothing can bring it back. Enjoy the ride.

Mohowl_

So it's you way or nothing? Some people don't want to buy BTC, that's a good thing. I don't have much, and I'm certainly not poor because of it.

powerguy134

No clue what that even means, I’m just a regular guy, even if someone smart economics scientist came up to me and told me BTC had horrific “macros” I’d still continue buy it.

Lavayo

And now we have higher rates, war is still going, oil is up and BTC above 80k. I'm not saying we won't drop or pump, just that we can't say it has to do x because of y. Especially short term.

Lavayo

Of course not by end of Sept. But don't predict what BTC because of any catalyst. Rate hike? Now the narrative shifts because it does not matter. BTC pumped to slightly below today's prices into May when the Iran war started.

powerguy134

If you think about it, as of today only 370 million people own any amount of BTC. That’s less than 5% of the human population, a relatively small number compared to the 8.3 billion people on earth. Think about what would happen if the other 95% of people that don’t own Bitcoin and haven’t ever purchased any started buying Bitcoin. ATP the price of Bitcoin is gonna surge regardless of what the greater market is doing.

farmerjohn2

If you're fine stitching a few things together, I'd hit Walletexplorer for BTC (cluster + labels), Bitquery or Covalent for EVM entity labels, and then layer OFAC/opensanctions on top; cache everything you resolve so you don't keep hammering their free tiers and just refresh tags on a slow rolling basis.

pen_jaro

Back in 2015 i have friends who was so passionate and patient with me explaining what BTC is. I just politely dismissed what they were saying and laughed at them in private. Fast forward to the last halving and BTC just broke the 100K mark. I was like, FUUUCCCKKKK…. My friends are quiet now. Just keeping things to themselves. Avoiding unnecessary attention. I hv no idea how many BTC they have but im pretty sure they’re retired and spend their days just smoking pot and drinking alcohol. People will realize on their own sooner or later. I did…

dsk83

Tap what? I just buy BTC

Bilatsibagya

Sell BTC and buy from inside the bank platform if you die the bank has records of your BTC and fiat

Pyroll2206

But the exchange is paying 1% APY in BTC to keep it in. Why would i change ?

UnfairlyBanned1l

This isn't about BTC or trading or addiction - none of this matters compared to this bit - "I’ve also become the emotional, and occasionally physical, outlet for his stress." There is no excuse for physical abuse, get out now before it gets worse.

Right-Head5861

Sell the BTC, buy BTC ETF. Give her log-in details to your trading account.

Clear-Main-6094

I’d compare the final BTC-to-fiat amount, withdrawal fees, KYC limits, and bank support rather than headline rates. changenow looks convenient for swaps, but for cashing out I’d also check a regulated exchange available in your country. Test with a tiny amount first, verify every detail, and never send the whole stack at once. changenow Comment priority today

rodeored16

He’s using leverage trading I would assume and when he is on the wrong end of a trade he loses his whole position. If he was just a spot trader he wouldn’t be accumulating debt, he would still have money in BTC or any other crypto asset

BigNoseParody

This is the correct sub. People here like to pretend they're not gambling by buying BTC. xD

Ok_Body_2830

I think a lot of the other replies are overcomplicating it by trying to figure out how to give functional instructions how to access it to a complete neophyte loved one. That seems potentially challenging and unnecessarily challenging. Just provide basic instructions so that a reasonably crypto-savvy person could access it. Then surely your loved one can just take the instructions to a reasonably crypto-savvy person they trust? Or find a way to hire someone trustworthy to do it? At most, all you need to do is have a discussion with your loved one about how they might find such a person and what scams to keep an eye on. Also, a lawyer handling the estate would often see solving that or outsourcing a solution to that as part of the services they provide. It might be a little more complicated if the amount of BTC wasn't too much. If it was just a couple thousand USD, it could be a problem that is worth the time and expense necessary to solve it.

Strange_Director_621

Ah ok, that’s the way to do it then. My brother-in-law died a few weeks ago and I suspect he didn’t have any instructions for my sister and probably lost all their BTC/crypto forever. This has been on my mind every day since then.

Turbulent-Land-5664

Do not trade BTC - the Vol makes the temptation great, but the best strategy is simply HODL and DCA. Does your BF have any holdings or position in BTC that offset his debt? Or real estate equity? Some poeple have an allocation of play money that they can affort to lose - and its still a gamble, but at least its capped and controlled. This sounds like a gambling addiction and yes the highs and lows a person goes through can be devastating and gut wrenching. He needs to stop that. Good luck.

GreenStretch

This is why a huge portion of BTC will end up in TradFi, because the beneficiaries can easily access it.

Beaesse

Why do you think that making a few thousand new bilionnaires is going to end wars and start a new renaissance? Wars are fought for many reasons, only a few of which could even be reasonably addressed by bitcoin in theory, and it seems to me that if bitcoin becomes another highly valued commodity, it would simply INCREASE reasons for conflict for its acquisition and/or retention. The moment that BTC becomes an _actual_ threat to existing power structures, those existing power structures' tools of violence will simply be employed against that threat.

BristlingB

Everyone else's BTC gets a lil more scarce. You are all welcome

Sin-City-Sinner

Damn I can’t post pics of vids in the comments, BTC is hardly moving when I put it on 1hr 😆, if it continues I’m going for it, last time this happened I made a strategy, did NOT execute it, and if I had I would have made around 200k in…. A few weeks if i remember correctly. I also took a screeN recording of BTC looking like it was playing on 10x speed lol on 1hr ofc but it still looked like it was a glitch it was moving so fast!

Kommandant_Milkshake

Not quite, IBIT doesn't use futures or any other market derivatives, it is backed by BTC custodied by Coinbase Prime. They also have a backup custodian I believe in the event Coinbase has some issue.

bugsHaveFeelersToo

Your money is supposed to die with you. It Helps to keep the supply of BTC low. Otherwise just put the seed phrase in a bank deposit box if you expect to die soon

dsk83

BTC going up while rest of the market is frothing, there's plenty of liquidity when things sell off. BTC correlation has decoupled a bit from equities so stocks go down I think BTC will be less affected than in the past. BTC is a somewhat of a weird paradox ATM being both risk off and on

Sin-City-Sinner

Now I’m considering swing trading as this is a good senario rn or i should say COULD be the right situation to do so with BTC

CarsonDreams

Congrats bro! $900 BTC is insaneeeeee. Holy

Andre_ev

If I die my BTC would be dig 🪏 by quantum future hackers marauders

Cannister7

If it dumps 12% then anyone buying will have 12% more BTC than today, so, yes, it will matter.

Grand-Drift-956

the BTC journey have really been interest

_Stylite

This is absolutely not true. BTC downtrends and market downtrends are very strongly correlated. Where there’s fear in the markets BTC dumps first

memorandapi

That's all well and good. Thank you. Each to their own. The btc price graph is just a collection of the overall psychological feeling of humans toward the price of BTC. You represent one human. There's others that also contribute to what the price is/ will be. Plenty, actually

Njhuang86

I'm going to be rational here. You might be right, but in the long run, there is a greater change that you are wrong because BTC trends up and to the right. Yes, I can sell now and lock in some profits. However, I would have to pay short term taxes on top of those profits. So why do that if I know that BTC will certainly hit much higher numbers down the road? Furthermore, there is a pretty good chance that 84K is the floor and we are just another gap up before 90K becomes the new floor. Hence it doesn't make sense to sell now unless you have 100% conviction that the prices are going to drop. And nobody has that crystal ball.

LordJamPunt

Do people in other countries consider US macro data when buying BTC? Hell, do most American buyers even know what macro data means?

nickneuman

We worked hard to solve this and make it easy for people's family to recover their BTC using Casa. Basically all they need to know how to do is keep the Casa app on their phone, tap to get access to the vault if you pass away, and wait 6 months. It uses a 2-of-3 multisig. One key is on your phone, one key on a hardware wallet, and one key held by Casa. So you can keep the hardware wallet as a key while you're alive (improving security with the cold key), but share the phone key with your wife that she can use if you pass away. She'll need the phone key plus the Casa key to access the BTC, and we enforce checks that it's actually her account using the Casa key before we'll approve the transaction with it. Takes about 5 min to set up and is much easier to recover from than trying to have her use a hardware wallet. Here's a tutorial someone made recently: [https://www.youtube.com/watch?v=ZdtsMWP-Rvw](https://www.youtube.com/watch?v=ZdtsMWP-Rvw)

lilvixen

No. I got some discount Bitcoin that I can sell you 1sat for 5sat in return. It's good anywhere BTC is taken

throwaway12three4

I did the same. I first had it in a regular crypto account but moved it to a joint account with my wife. That way if something happens the BTC can go to her directly and not probate court.

tenor_tymir

BTC flagged as problematic are usually sold on the black market at a premium or "mixed" so thoroughly that they are no longer recognizable as such, thereby acquiring the same value as untainted BTC.

taquitaqui

Try the Shamir Secret or whatever it’s called. Seed gets split into 3 parts. You give 2 away to people you trust. When you die, they need 2 of the 3 split parts to have the whole seed. That solves the seed part, the other, she has to understand that BTC is money and she needs to do research or you give her a document of what exactly to do in case if your passing.

New_Watercress_4587

I don’t think that’s the main problem. With traditional financial systems there’s KYC and other ways to revert or prevent scams. BTC transactions are irreversible. I’m sure stablecoins like USDC could be better because they control the smart contracts. Obviously some people prefer defi while others like cefi.

quintavious_danilo

I’m pretty sure you do not fully understand what DCA means. It has got nothing to do with lowering your average. It can help, but that’s not the idea. DCA simply means to buy a fixed amount of BTC at a regular schedule, like weekly, monthly, even daily. Let’s say you get paid once a month and then you take $100 out of that paycheck and buy BTC every Monday, for years. That’s a weekly DCA, and that’s how even you can do it without running out of funds.

AncientWanderer00999

BTC did you can't see me

Express-Economist-86

I bought SATA and STRC in a reputable broker. I use Fidelity, and I love the platform, although there’s other decent ones. SATA pays a daily dividend, STRC is twice a month. Over time, I’ve basically added a month of income to my year. I use the dividend from my bitcoin-backed stocks to buy Bitcoin pretty much whenever I feel like it in fidelity. Takes a day to settle the payment and then I can transfer from my stock account to my crypto account. Significant up days I’ll take a little profit, set another sell order for even higher and a bigger buy order a bit below. If I miss, I’ll just wait a bit or maybe buy some more STRC and SATA to get that income higher. If I get a big enough payout, I’ll begrudgingly buy a more aged dividend payer. They pay less, but they’re more stable by virtue of long existence. It’s a long and slow climb. I’m basically counting on 5-10 years of struggle. I may eventually back this whole operation up as an LLC with abundant mines (hosted miners) or the GoMining app (digital NFT miners) for tax breaks. Any of these carry significant risks and are worth learning and plotting the math and taxes BEFORE you enter - this is just how I roll. However, after getting settled into a rhythm with my dividends, it at least feels like free money, and I like that my inflatable bucks are working for me faster than any other rate of return I’ve seen. It would absolutely be faster to just buy bitcoin, but my $100 stock that pays me all the time is psychologically easier to cope with than putting in a hundred bucks to BTC, watching the chart, and getting heated.

quintavious_danilo

In what delusional world is BTC a risk-off asset? 🤡🙈

iciDA

If you die it is lost and everyone's BTC wins in value. You should explain all of it (seed etc) to people you love and trust before... (wife, brother, whoever)

Kryy213

That was what I was trying to understand. Let's say that I have some transaction (for example a simple car washing service) happening with someone, which will settle in BTC on the network. Technically, I'd be willing to accept to do the transaction for a certain amount of "non flagged" BTC which is lower than "flagged" BTC, as a premia needs to be added to compensate for the difficulty of cashing out. Hence my reasoning of why not all bitcoins are worth the same?

biggiemokeyX

1 BTC = 1 BTC There is definitely added nuance with "flagged" coins that might be connected to illegal activity, mixers, etc. You very well could have issues cashing out a "flagged" coin. The issue arises with regulated onramps and offramps, not necessarily the Bitcoin network itself.

Get_the_nak

USD = risk on BTC= risk off Bad news -> risk off Tell me what you don’t understand 

UrbanGrower187

Maybe you still can! Don’t loose faith in what you believe in. no one knows anything but the idea of BTC and how it’s made makes sense to some and for some it is a scam either way best of luck and hope things get better whatever way it goes.

AD1AD

Entrenched? Sure. Unstoppable? Not even close. Brand recognition only goes so far. (It goes a long way, like you said, but it's not infinitely valuable.) If BTC refuses to innovate and fails to be actually useful as digital money (not just "digital gold" that's held 95% custodially), it *will* lose to competitors that are equally scarce but more useful. It maybe take years or decades, but it will happen. No first mover advantage is un-fumble-able.

Grunblau

When ETFs are “in-kind” for retail, it will become a form of custody that might have much of the utility intact. If you wanted to borrow against it for example. You wouldn’t have to sell BTC, it just morphs to be a different wrapper depending on use.

yioshie

It depends what your goal is, if your goal is to get more fiat then yeah, selling some to buy once it drops its usually a good strat. My goal is to get as much BTC as possible, so I don't sell, I just buy when it's low and keep stacking. FIAT just keeps losing value so I don't see the point of selling BTC for it. If I'll need it in the future sure, I'll be willing to sell some to buy/pay what I need, but until then BTC > FIAT.

Backrus

BTC has finite supply but stocks have buybacks which reduce supply. As long as GDP and earnings grow, you can't realistically put cap on stocks prices.

No-Masterpiece2246

Stablecoins are irrelevant to cryptocurrency markets. They're controlled by the same old regulated intermediaries as banking. They can be tracked, taxd, stolen, and frozen by governments. Stick with real cryptocurrencies that are mined using proof of work like BTC, BCH, SOL, etc. Or use privacy coins that are mined like XMR.

CashPhysical1084

Why’s BTC going down 🫠

magma_lakes

What!? Why is selling even an option, if you are trying to acquire more BTC? If you need the money... I get it. But if you're trying to increase your BTC holdings, just buy and forget about it. At the very least, store all your BTC in a hardware wallet, not just for the security, but also to prevent yourself from selling.

Useful-Window-208

Why not do this with MSTR stock instead of BTC as it is essentially a leverged BTC play

cjdangles

EASY. You dump everything but BTC and ETH.

btccyclecockpit

M2 is rising, pumping more liquidity into the market. BTC crossed an important line: the SMA 50 crossed above the SMA 200 (Golden Cross) – historically the point where we say goodbye to the bear.

jgarcya

See you when I start buying again at December's low... Enjoy your over priced 86k BTC.

pl201

Don’t buy it again l! It’s very simple, if you can’t take a 50% loss of your investment, BTC is not for you.

AutoModerator

Post is by: Adventurous_Whole973 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1wo9x5m/built_this_for_people_to_buy_us_stocks_from/ I built bloom because there was no EASY way to go from stablecoins or crypto to US equities without leaving on chain. with Bloom if you're outside USA, you buy tokenized US stocks and ETFs using USDT, USDC, BTC, ETH, etcc whatever you have in your wallet. Every stock is backed by real shares at a regulated US broker and settles on chain to your own wallet. I'm at the moment focused on now is the research layer, each stock page has live news, key stats, financials and filterable headlines and I know there's more to build and I want to hear what actually matters to people before I pick the next thing to improve. try it and tell me what I can do better. here's the platform link [trybloom.xyz](http://trybloom.xyz) Happy to answer questions !! *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.*

OrangePillar

Swaps usually use an API, so the coin you’re swapping into comes back into the wallet you started from. So, you send bitcoin to MoonPay and receive USDT. However, you can send the BTC directly to Coinbase from Arculus and sell it there. You will most likely have lower fees selling on Coinbase than you will on MoonPay. If you use Coinbase Advanced with a limit order, you can keep the fees even lower.

colemusic1

DXY fluctuates all the time in multi year cycles. BTC is a volatile asset, yes, but it’s still sensitive to macroeconomics. BTC doesn’t simply ignore inflation fears, it in fact has benefited quite a lot recently from oil futures going -14% in just 5 days. So BTC can, at times, ignore macro completely if we’re in a full on euphoric bull run and a FOMO frenzy, but it’s becoming increasingly more sensitive to macro factors, especially inflation fears that we now have happening in October

T1gerAc3

For about the past year now, BTC and the USD have both been eating shit. I would think that as the US dollar devalues, every currency, including BTC would increase, relative to the USD, regardless of liquidity or interest rates

colemusic1

What are you referring to, for BTC or for macro? Because the world reacts to macro intraday, not based on 2 years

colemusic1

No, that’s not how it works anymore. That was how it worked when BTC was more speculative and hype driven, but it’s now backed with $100B+ in assets via IBIT. Macro plays a huge role in BTC now since it’s not just some speculative asset, it’s a globally backed asset that now reacts to macro as does any volatile growth asset

VettaQ

The indicators with the most consistent tracking record are the boring ones: DXY, US 10y real yields, and a global liquidity aggregate (M2 or central bank balance sheets). Stablecoin supply is the endogenous one worth adding - it measures dry powder actually inside the crypto system rather than conditions outside it. The trap is treating any single correlation as structural. BTC's correlation to Nasdaq has swung between roughly 0 and 0.6 depending on the window and the regime - risk-on/risk-off phases tighten it, crypto-native cycles (halvings, ETF flows, exchange events) loosen it. A fixed "BTC follows X" rule breaks exactly when you size up on it. What worked for me: pick 2-3 indicators, fit the relationship on a rolling window, and treat the current beta as a regime reading rather than a law. When the rolling correlation snaps back toward zero, macro stops being the driver and positioning or on-chain flows take over - that regime switch is usually the more useful information.

anotherbrckinTH3Wall

Oh dear. A tale as old as time. Well, you can either learn your lesson and change your mindset or continue to be trapped in it. There’s a reason we regularly say “time in the market is better than timing the market” Step 1: decide on your time horizon, and stick with it. For me when I started my time horizon was 10 years. Step 2: decide if you are prepared to lump sum or DCA or both, and stick with it. Step 3: live your life. No need to check BTC price all the time.

VettaQ

Funding works better as a crowding gauge than as a direction signal. Strongly positive funding means longs are already packed in - by the time it reads like a signal, the move that caused it has usually happened. And it cuts both ways: extreme positive funding marks local tops about as often as continuations, because those same crowded longs become the forced sellers in a flush. On the carry math, your numbers are worth framing as a rate: $1.5/hr on 0.2 BTC is roughly 0.1% per 8 hours, which annualizes to triple digits on notional. That percentage, not the dollar figure, is the thing to track - it is the price the market charges you to hold the consensus side. The perp-spot basis moves with funding, so the two together give a cleaner positioning read than funding alone. If you keep the trade on, treat funding as a cost line with a hard annualized cap in the plan, not as a spidey sense.

UrbanGrower187

lol can’t wait for everyone to create new accounts and start pumping BTC to 40k again. My family and I just keep buying daily pretty wild I know. Best of luck to everyone

colemusic1

The dollar is increasing in value, not losing it. When DXY rises, it makes it more expensive for foreign currencies to buy USD denominated assets like BTC, and when US10Y also rises in tandem with that, it makes it more attractive to funnel liquidity into bonds / less volatile assets. [This is the current reading of how much the USD is strengthening against major foreign currencies](https://imgur.com/a/lCgJCSU)

Shady8tkers

You sold at essentially the end of the bear cycle. BTC will now start its climb to a new ATH sometime around Oct 2029.

Abject-Stretch-1187

Don’t worry, BTC will go down in Oct just for you and your friends.

jeffdeansalem

BTC requires a minimum 5 years horizon

1mma_Pr0bl3m

This is when having a clear strategy helps. Doesn't seem like you're wanting long term. Seems like you just want a quick pump and to make some money and dip...or hope it pumps more then ride it back down. I started in crypto in 2017 and was only able to invest about 1500. BTC price when I bought was around 1k but I bought, sold, bought sold, and hopped around a bunch. If I knew then what I know now. Just buy solid assets and hold. BTC is at the top for a reason. Don't look at the price now, just know that it will be a lot higher in the future and you won't regret it. Also seems like you're investing money that you aren't willing to lose. May want to only put some into BTC and spread the rest into other investments or leave in your bank account.

colemusic1

Definitely a tiny healthy pullback, although I gotta say if the October fed rate hike does happen with a 25bps increase, we may get smashed along with all of nasdaq. Check up on the news this morning about it, it’s pretty nasty. But who knows, BTC has held through really shit macro the last couple months and could very well hold through it again

JarlBallnuts

I guess I can say that I at least didn't lose any money, but it sucks that all I have to show for 2+ years of BTC investing is a measly $2.5k. If I had just held onto it all, I would be in such a great spot right now. Could have sold that top batch at least to get rid of the weight. I could have also just sold the top batch at a loss, but I wasn't willing to throw away that much money on a gamble. Made more sense to me to break even.

colemusic1

For those wondering why today’s had a sudden smack down: [check up on DXY, US10Y and oil futures.](https://imgur.com/a/RmYMaCF) All three have soared, but **particularly DXY and US10Y.** US10Y just hit a 19 year high and we just got further reports that October may have a 25bps fed rate hike. So put simply; this isn’t just BTC related. This is global financially related. Any growth stocks / high beta assets, including BTC, are getting smacked by this and we may genuinely see a hit in October if we see macro get even more fucked up. But please don’t be that person that thinks “October dump is because of a cycle.” If it does happen, it’s because US10Y is the highest it’s been since 2007, and trust me that’s no joke.

xaviemb

A simple conversation with an LLM can tell you exactly what command to run in your terminal to find the information you’re looking for. One important rule: **never put your actual private keys (or even your own public address) into an LLM**. Instead, ask it to use a placeholder like \[generic address\], then substitute your own address locally when you run the command. On that note, you should NEVER type your private key or key words ever on a keyboard (unless you're spending BTC). Even if you think you're local and protected. You can pull your transactions, or all of your UTXOs (your individual BTC amounts), directly from your node. Your node maintains a highly efficient UTXO set in memory, so these lookups can be almost instantaneous. I can’t stress this enough: keep your keys and personal addresses out of the LLM. Let the LLM teach you the command, then run it yourself against your own node. Treat it as a learning experience. Once you realize how much you can inspect and verify for yourself, it’s incredibly liberating.

Jan_Bula

Thanks for the feedback, everyone. A little context on why I built this. I started this app for myself. I’m also involved in Bitcoin mining, so my interests go beyond the price. None of the free or paid apps I tried offered the combination I wanted. I found the Apple Watch options particularly limited, so I decided to build my own. I learned a lot along the way, and building something I actually use has made the time worthwhile for me. As it developed, I thought some other bitcoiners might find it useful too. So I paid for a CoinGecko data plan and backend hosting, and made the app available for a small subscription fee to help cover those costs. I understand subscription fatigue. If you just want the BTC price, Stocks or a free exchange widget may already cover everything you need, and this app may be more than you need. It might be useful for people who also care about mining and network data, and who appreciate seeing those metrics at a glance, with a consistent design across their devices. It won’t be for everyone, and that’s fine. It’s something I wanted to use myself and decided to share.

labvinylsound

The broader market has been doing this all morning. It's pattern trading not indicative of the price direction of BTC itself.

AdrianRamirez0

Tech stocks print more shares through stock-based compensation and dilution. Bitcoin prints blocks, not coins. That's why 1 BTC will always remain 1/21M, while 1 share of tech stock becomes 1/infinity over time.

askolein

I smoked 4 BTC worth of good weed back then. We don’t regret it. My friends and I barely have any today lol

harymo-20

Guy's do you think or feel like BTC will go down in couple weeks?

Key_Independent_818

Proof that BTC has grown in popularity. BTC should rise another 10% today due to this post alone

respectandmanners

2% BTC is my daily driver with a few exception categories

Proud_Dust_4698

I doubled my BTC position at $62k! I saw the signs and wasn’t going to wait for a lower bottom.

AP_lookingahead

In theory, wouldn’t every short term trader that believes BTC would go lower than $59k take a gamble and sell hoping they can buy in lower in the near future?

Beautiful_Level_3259

We’ll see. BTC has never existed through a SPY crash which is definitely possible this year/early next year. Funny how BTC can deviate above and cause everyone to believe the low is in but can’t also eventually deviate below and cause a lower low… The people that were claiming cycles don’t exist now are all talking about how we’ve broken the cycle because it now fits their narrative. MMs best option from here is a complete wipeout sometime in the next 6 months to flush out the extreme greed I’m seeing everywhere. 99.9999% of people now say up only. That’s a perfect recipe for lower.