BTC

CXavier4545

depends how risk averse you are as far as crypto goes, BTC will be your most conservative choice then the other top 10s and so on, obviously the more risk the more potential gains, pick your poison

plumpyplummy

Nov 11 2024 BTC rose 80,000 to 88,000 in a single day. Remember this folks

ssantos88

BTC.

AverageDeadMeme

BTC 0.0004

Upset-Cat7857

I keep it boring with BTC and ETH and treat everything else like a lottery ticket I can afford to lose. Most altcoins won't make it, but ones with real customers, like LINK with its oracle data, have a better shot than the rest.

Doritos707

My current list: BTC, XMR, ZEC, LINK, SOL, STX, RAIL, PYTH

Alaska_Engineer

Just my opinion. Any crypto connected to anything real world (titles, bonds, shares, commodities, etc.) is pointless. The system is inherently centralized by the enforcement arm / issuer / peg maintainer, so a decentralized system is wasted effort. Pure currency is perhaps the only valid application. I can’t escape the math that BTC can never fulfill this role in the long term globally (security budget, TPS limit). I still hold majority BTC for the hype, but am building positions in XMR, XNO.

WeAreManyWeAre1

BTC is pretty much a guaranteed money maker and ETH has the biggest promise of use case. I don’t know what that means for the price of ETH but it’s a gamble that will most likely pay off.

StevenComedy

BTC

jdickstein

If your argument is based on exaggeration and made up facts then I think probably you just haven’t thought through this very strong opinion you’re presenting as so obviously true. They’re the first exchange to suffer a loss without socializing the losses except for: **2015, Bitstamp ($5M):** Absorbed the hack using company reserves. Customer balances honored in full and withdrawals resumed. **2018, Coincheck ($530M):** Completed approximately $420M in yen reimbursements to affected customers following the NEM theft, at a fixed conversion rate. **2019, Binance ($40M):** Covered 7,000 stolen BTC through its SAFU fund. No customer haircut. **2020, KuCoin ($285M):** Recovered approximately $239M in stolen assets and covered the remaining $45.55M through company and insurance funds. Confirmed zero customer losses. **2021, AscendEX ($78M):** Confirmed that affected customers had been reimbursed 100% following its hot-wallet hack. **2022, Crypto.com ($34M):** Confirmed that all 483 affected customer accounts were fully reimbursed. **2022, Deribit ($28M):** Absorbed the entire hack through corporate reserves. Customer balances and the insurance fund were unaffected. **2024, DMM Bitcoin ($305M):** Secured financing to replace stolen BTC. Customer assets were subsequently transferred to SBI VC Trade, with the transfer completed in March 2025. **2025, Bybit ($1.46B):** Replenished stolen reserves through loans, asset purchases and counterparties. An independent proof-of-reserves audit verified that customer assets were fully backed within 72 hours.

dominiquehamptn

I’ve been looking at this new site called Cred. This is the BTC leaderboard, which tracks BTC influencers and shows their returns on the coin based on their public calls. There are leaderboards for other cryptocurrencies and stocks too, and you can follow or copy trade the people you find. It’s still in beta, so some of the functionality is being improved, but it could be useful if you want to check someone’s actual track record before following their advice. [https://credscore.app/#/people/credible/crypto/CRYPTO%3ABTCUSD](https://credscore.app/#/people/credible/crypto/CRYPTO%3ABTCUSD)

No-Wrap3568

I can recommend a Cyphe rock X1 BTC-only, as I'm using myself. Has it's own screen, splits your seed into multiple parts to ensure you never lose your funds and an in-built inheritance planning option. Seems a little old fashioned but it actually protects your money.

T00ManyH0bb13s

1. A blue wave mid-term doesn't change who is in charge at the SEC. Success or failure of the CLARITY act, zero alts are getting oversight till at minimum 2028. 2. I know to crypto bros y'all feel like you're the most important thing in the room, but the reality is that regulating crypto is probably the lowest possible thing on the totem pole right now. Rolling back / questioning / investigating the tariff situation, the Iran war, Ukraine war and support for Israel, and on and on. No one gives a shit about coming after crypto rn. 3. The sovereign vault is probably the only thing you're right on. 4. If you think with BTC not being quantum proof and the rise of AI, the only thing instiutional investors are going to funnel to is crypto you're out of your mind. Gold will probably go to 5k.

ComasArentFun

Oh you're new here.. that's fine mate. We all went through the phase of thinking someone else had the answers They don't. These bullshit charts get redrawn all the fucking time when they are proved wrong Take it as you find it. I don't fucking care.. you losing your money makes my BTC worth more.. I'd rather you were asking about how to secure it than shuffling around tea leaves searching for a profit edge that doesn't exist though

inadyttap

i like it better when BTC is above $80k 

matthegc

Printer is going to go brrrrrr with Dems and their social programs in office. Inflation going to go nuts, BTC conversion rate to USD is going to go up with it.

KomputerT

Potentially positive for Bitcoin, but mixed for crypto overall. BTC has already rebounded since the election, and less political uncertainty could help support markets. However, a Democratic Congress could also tighten regulation and slow progress on crypto-friendly legislation. I wouldn’t count on a post-midterm rally. Bitcoin is highly volatile and nonstationary, shaped by multiple interacting factors whose relationships shift over time. Historical post-election patterns alone aren’t enough to establish a reliable basis for prediction. The more interesting question is whether the election brings about a lasting shift in market dynamics, particularly volatility, liquidity, and risk sentiment, rather than just a short-lived price reaction.

Get_the_nak

T Rump: pretend my name is on the ballot! Dem: Yes do that. Can’t say it better. T Rump <loses congress> My name wasn’t on the ballots BTC up ⬆️ 🆙 ✈️ 🚀 p

PrintDoErro

What kind of stability and reliability are you talking about? The stability and reliability of Mt. Gox, FTX, Binance? Perhaps BlackRock's "paper Bitcoin" through its IBIT ETF and its operations with Coinbase? One of the major problems with the fiat system is precisely the ability granted by governments to the financial system to create money. Banks can issue financial instruments and extend loans far beyond the amount of deposits they receive, effectively creating money without corresponding backing. This isn't the only cause of inflation, but it is certainly one of them. Bitcoin was created, among other things, to overcome this problem. But if you believe that handing BTC over to the same outdated and failed financial system, allowing it to reproduce those very same practices with Bitcoin, makes any sense, that's your choice.

AceKent

I would wait for the official quarterly reports of bitcoin profits by BTC CEO.

BlackDog990

There was a discussion. Dems had specific issues with the bill, namely due to some wording that had implications with Trump's personal crypto and consumer protections. GOP wouldn't amend the bill or hold constructive discussions. So yeah, it didn't get much support from Dems. You're confusing partisan legislative bickering for "broader support" of crypto. If this goes over your head so be it, but all I'm saying is BTC doesn't care about politics.

ieatmoondust

Down vote all you want, but it won't make BTC any cheaper for you. :P

BlackDog990

Did you read those bills.....? Lots of people in the BTC community didnt want them to pass. You're falling for partisan spin. I'll repeat: Between better.

ieatmoondust

Bottom happened bro. Yes, you missed it just like everyone who didn't buy BTC at $15k because they were stupidly waiting for $12k.

BlackDog990

>Democrats are opposed to crypto like crazy. I dont think this is a broadly accurate statement. A handful of Dem lawmakers in the US, sure. But broadly? Nah. BTC is bipartisan, and there are not large swaths of voters demanding crypto/BTC negative legislation. BTC is above politics. Be better.

anotherbrckinTH3Wall

I’m not watching at all. I’ve got a life to live. My buys DCA regularly for me without having to think about the price of BTC today, yesterday or tomorrow

Forded_Fiction24

What loss? I'm 5 years out from that point and am sitting better than I ever have been. Clearing my debts gave me more cash flow to do what I did with it over those past 5 years. Now I have way more BTC than I did then. I had sold pretty near a local top and then bought it back significantly cheaper. I wouldn't have been able to buy it back if I wouldn't have had the cash flow to buy it back, owing debts on credit cards and cars and such

Spirited_Rip_929

My girlfriend bought the 3 bitcoin in 2013. And then I went on [LocalBitcoin.com](http://LocalBitcoin.com) and started trading the bitcoin and built it up to 5 bitcoin. I sold bitcoin during the evening she sold bitcoin during the morning. I left her set up so she could get up and start selling. Then when I got up we would acquire more BTC to sell with the money she earned. We tried to do 2 cycles of 5 BTC daily. We were making about 4,000 dollars a week. Then she was phished signing into LBC one morning. Then when I slowly traded myself BACK to 2 bitcoin the state I live in BANNED trading unless you paid 500K for a license. Reddit is such a sewer, filled with pseudo-intellectuals who all think they are "the smartest guy in the room'. Even if they are female. WE (her and I) were building a business together and we were succeeding until a fucking government NOT a thief stopped us. Now we have moved into cannabis, because I worked in the medical industry in Washington for 2 years. I guess I should have said WE instead of ME but I did NOT think a minor post would garner such wild speculation.

Saintgein

Makes perfect sense. We almost finished the IPO period in bitcoin with most og sellers taking profit at about 100k. With all this BTC changed hands, we're getting ready for the next move up.

omni_wisdumb

Exactly. I'm actually an OG investor, and know quite a few of them..we never go around telling people how much we bought/own or at what price or frankly give a shit about low time frame price action. Excited about a 4% raise is like a "I just bought $100 of BTC for the first time and I'm excited" 😂. Also most OGs that aren't trying to be bs influencers/content creators don't go around talking about TA or trying to guess where the market is going..

tribepride25

Something doesn’t sound right. His profile claims he’s been a BTC investor since 2012 but he sounds like a rookie with this post. No OG investor is bragging about an average price of $77k

No_Theory_1557

Fair, debt isn’t for everyone. But for many people the alternative isn’t “no debt,” it’s selling their sats when they need cash. This is for people who’d rather keep their BTC.

Different_Ice_6975

There’s always news affecting the ups and downs of crypto. The price of BTC has gone up or down by 4% or more about 40 times in the past year. That’s about once in every 10 days.

Capital-Ad8143

We're still heavily discounted at about 0.1% of actual real value if BTC, we're not even starting.

DRAGULA85

Does BTC compound interest? Thats news to me

Fritzbox5000

Isn't that the core message of Bitcoin in the first place? Being self-custodial with no third parties involved? When I buyed Bitcoin from an exchange, I always stored it into my cold wallet immediately. I've neve left my BTC on the exchange for more than one day. Now, I set up an Umbrel node with Bitcoin Core and Lightning with the intention to buy them P2P with more independence and security. Long story short: Not your seed, not your coin.

omni_wisdumb

Too bought a "lot of BTC" down at $75k? Dang how many BTC? 30-100+ ?

tomalamak

Impossible.  There are only two ways to store value: USD and BTC. No other asset classes exist. 

Different_Ice_6975

Nah. Look at a 1 year graph of the price of BTC. This is just another blip about the same size of many other blips and dips that have occurred throughout the past year. You’re just trying to read too much into this magnified picture of a tiny 1.5 hour interval.

Patrick_Atsushi

My possibility unpopular view: 1. Trump coin is not corruption, it’s a non-illegal unethical trap that most politicians will avoid. 2. The GOP loss in congress has limited relations with this “corruption” but mostly about war and living costs. 3. The most important issues for crypto is still thieving and custody. Another issue for BTC is the quantum attack, but totally solvable if old wallets are dropped. However we might have seen the bottom for this round and I won’t be surprised if it goes higher again.

PrintDoErro

Regulation only affects those who don't really understand BTC and think the only way to buy and sell it is through an exchange. For those who buy and sell peer-to-peer (P2P), nothing changes. As for whether big banks and institutional investors will pay more or less taxes to hold the fake BTC that ETFs and other financial instruments offer them, I couldn't care less.

HSuke

BTC +4% Alts: 3-8%

Elean0rZ

Sylvain ("In Bitcoin We Trust" dude and mega BTC-maximalist) has been pumping out this kind of stuff every week for years, even before AI became the buzzword it is now. Either he was a *really* early adopter or he's just like this. Maybe both haha.

bumpgrind

Might be safer, might be literally giving away your crypto. This is a huge issue and why crypto won't ever be mainstream. Just a few of the cold storage compromises this year, and I'm sure there's much more: \- Ledger via CryptoBilis (Oct 2026). Supply chain implant harvesting seed phrases. Loss: \~$86M - $102M. \- Keystone Root Key (Oct 2026). Attestation private key theft enabling undetectable rogue hardware clones. Loss: \~$9.4M (18k+ devices recalled). \- Coldcard RNG Flaw (Jul - Aug 2026). Broken firmware entropy fell back to weak pseudo-random generation, allowing remote brute-forcing. Loss: \~1,816 BTC / \~$116M - $130M. \- Trezor / ShipMonk Breach (Aug 2026). Third-party logistics SQL exploit leaked 14k+ customer records for targeted SIM swaps & postal hardware swaps. Loss: Unspecified / targeted social engineering. The last one is the scariest of all because it shows the onslaught of cold wallet attacks that are incoming and Trezor isn't the only one that's exposed to this; they're all being targeted each and every day, all day by tens of thousands of sophisticated hackers worldwide, many of which are government-funded by countries like North Korea. This is going to get much, much worse...

GEB82

BTC has been deemed a commodity…everything else..

XyaThir

Extinction lol my ass Watch hyperliquid over the next years. ROI will be much better than BTC which can maybe make a x10 again but not more

Unlock_Pulse

Politics aside, a lot of altcoin underperformance vs BTC is just supply. Many alts have big chunks of tokens still locked, and when an unlock is large relative to what's already circulating, they tend to lag BTC in the week before it. That pressure exists no matter who controls Congress.

phonaticc

Never have to sell everything, it shows how people are all in or all out. Just go to the casino atp, I love BTC

Volgrand

"Bitcoin wins" BTC ups 1% the last 24h Me: *thumbs up*

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GEB82

Betonline( requires kyc) can deposit/withdraw BTC Coinpoker (no kyc) but, may be required for larger deposits/withdrawals. Can deposit BTC but can only withdraw to polygon/eth

MaxiMaxLaurent

There are both bullish and bearish things about this election result. Objectively there’s pros and cons on both sides. So it’s a bit of a toss up for BTC. But for alt coins, whichever you cut it, it’s not very good news. Still, alts are gonna follow BTC’s moves, but dominance could lag more.

unaccountablemod

XMR: 48% YTD, 86.44% Yearly 140% 5Year BTC: -10% YTD, -26% Yearly 27% 5Year Laughing in Monero #XMR

General_Theo_Magath

I don’t mean this rudely at all but if you are just now deciding on your self custody setup, you likely aren’t some mega billionaire BTC holder, and this is far too complicated of a setup for anything less than that 

Mus-Viki0702

Kim Jong-BTC.

Powerful-Choice-6024

Are you interested in BTC trading? Whether you're a beginner or an experienced trader, the Bitcoin market offers opportunities every day. The key is learning how to analyze the market, manage risks, and make informed decisions.

Powerful-Choice-6024

Are you interested in BTC trading? Whether you're a beginner or an experienced trader, the Bitcoin market offers opportunities every day. The key is learning how to analyze the market, manage risks, and make informed decisions. Join a community of traders who are serious about improving their skills and understanding the crypto market. 📈 Bitcoin Opportunities 📊 Market Analysis 💡 Trading Tips 🤝 Networking Comment "BTC" below if you're interested!

MarloChrisSnoop

Dude MSTR has all their BTC being custody’d at both of these. It’s just silly comparing these to binance like they are the same.

Suspicious-Local-901

Maybe they feel it coming? That BTC is inevitable?

newMoneyStyle

That checks out with the data. Following the #1 vault left $237, while just holding BTC and ETH ended at $10,316.

BrainCelll

Ah, the daily BTC astrology

Square-Ad-2034

Not sure the logic holds. Who controls Congress matters for things like market structure bills and stablecoin rules, but that affects the whole sector, BTC included. Calling it "extinction" for every other coin is a big leap from one election.

ujohanne

Use a ledger with passkey to store BTC, not only recovery key. Close to impossible to hack this 2nd layer of security.

ReferralHunters

Yes, having a "cold wallet" and proper storage are a given. The future of BTC isn't 100% certain but were all hoping that the hard-fork goes down smoothly in as little as a couple of years. There's too much money spread amongst so many stakeholders for PQC not to be a mitigated threat. If we do that right there's more "halvings" to enjoy.

Suspicious-Local-901

Indeed. And I was reading about that, I read about atomic swaps, that means that the CBDC could be swapped for BTC, but then, the CBDC has to be created in the right way.

OkProject2361

It’s a good thing. BTC being associated with him was always bad for the long term. Too corrupt.

TexFarmer

It may not break BTC, but for damn sure, a bunch of coins will be stolen using AI tools.

sheeeeeeeeei

I think one BTC would suffice, once you account for inflation.

Sea-Push5285

* A chunk of it comes from standard trading fees. * A massive portion comes from liquidated positions—specifically traders going long on altcoins. When BTC flash dumped from $80k to $76k, large-cap alts took an 8–10% hit, while micro-caps nuked 20–40%. Their collateral is gone for good. Keep in mind: when trading Futures, the exchange doesn't actually need real money to lend you. They just write a virtual ledger entry for your leveraged position. If the price drops to your liquidation point, they simply seize your collateral—that’s it. It’s entirely different from Spot Margin, where real assets are borrowed and traded.

0a0d0s0

Right, they're not equally valuable. Near the bottom each dollar costs the most coins, so a cut there saves far more BTC than the same cut after a bounce. That's probably why the total mattered more than the shape in my runs. Lean only kicks in once BTC is 30% below its high, so nearly every lean month is already near the bottom. A halfway step lands after the price has climbed, which is the part that saves the least. Curious whether your flat-stretch version widens the gap. Good luck with the rerun.

WhaleWilliam

Until 2150 BTC is still inflationary. Which is the scary part considering compared to other inflationary assets it looks deflationary

d3r3k1449

It’s not really gonna be about BTC

dank-bobbb

Move the BTC to an address from a fresh, randomly generated wallet. Simply importing the old private key into a different app leaves anyone who knows that key able to spend the coins. If you have the old private key and use Electrum, create and back up a new seed-based wallet on a clean device, then use Wallet > Private Keys > Sweep. Sweeping sends the coins to an address in the new wallet; it does not reuse the old key. Review the destination and fee before broadcasting. Never enter the brainwallet secret or private key into a website or share it in DMs. Official instructions: [https://docs.electrum.org/en/latest/faq.html#can-i-sweep-private-keys-from-other-bitcoin-clients](https://docs.electrum.org/en/latest/faq.html#can-i-sweep-private-keys-from-other-bitcoin-clients)

0Fucs2Give

When AES fails, and it is only a matter of time, we need to move beyond AES, otherwise we will have much bigger issues then BTC getting broken.

Realistic-Ad1498

It’s true though. I bought most my BTC back in 2022 when it was in the $15K to $20K range. It was kind of a risky gamble as it had dropped from $65K to $15K in one year and seen a flash in the pan that was past its prime. It’s easy to say I’ll go all in at $40K when the price is pushing up against $80K. When the panic hits, the price gets slashed in half and is still dropping it’s not as easy to pull the trigger.

Bluejumprabbit

The attacker spread it across 10 chains including BTC, ETH and SOL on purpose, since only the USDT and USDC legs can get frozen and anything that moved as native BTC or SOL is unrecoverable. Tether already froze about $4.5M of USDT

songyou888

This is a brutal reality check on copy trading. Most top-ranked vaults take massive tail risk to look good on the 30-day leaderboard until one bad liquidation wipes out the entire vault. Holding spot BTC/ETH and sizing risk conservatively almost always outperforms chasing short-term APY.

Accomplished-Eye5567

BTC has never been stronger. CEXes are the ones we need to spread control away from

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Post is by: 03side and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoHelp/comments/1xmc577/catastrophic_1044_usdc_drain_via_builtin/ Hi everyone, I am looking for urgent technical insights regarding a severe fund exfiltration from my Phantom iOS wallet that occurred on November 1st, 2026. A total of 1,044.85 USDC on Ethereum was moved out to an unauthorized address without my knowledge or any local biometric prompt, despite hardware-level security being active. I have already submitted a formal support ticket to Phantom Customer Happiness (Sean) and provided my full 3.2 MB state log file (state-log-2026-11-02T03-01-41.txt). Here are the absolute facts and specific indicators extracted directly from the incident timeline and the official application state logs: **1. The On-Chain Cryptographic Facts** https://etherscan.io/tx/0x3f8e6449a4c1b258969e7bbae06717fad1c5aef19ffbc7f249dbc943e2312142 \*\*Transaction Hash (TxID):\*\*0x3f8e6449a4c1b258996e77bae06717fad1c5aef19ffbc7f249dbc943e2312142 **Asset Loss:** Exactly 1,044.85 USDC (Ethereum mainnet) sent to 0xc9011a3A71elB9CF8.... **Coordinated Gas Drain:** Minor gas amounts of 0.04 SOL and 0.0007 ETH were taken at the exact same timestamp. **2. The Internal Feature Flags & State Architecture** The application state dump confirms that internal automated liquidity and cash management systems were force-asserted to active states via remote configurations: enable-cash-usdc-sweep: true enable-cash-bridges: true enable-receive-auto-convert: true enable-cash-auto-convert-onramp-confirmation: true **3. The Biometric Hardware Bypass and Core Timeline** **October 22, 2026:** I interacted with the official, built-in "BTC Up or Down" prediction markets game powered by Kalshi directly inside the Phantom app interface. The initialization required a routine USDC prompt, which resulted in an "Approved USDC - Unlimited" allowance rule being registered on-chain for the game contract. **Device Status:** Local hardware validation was active (Biometric Enabled: true on an iPhone 13 client platform). **The Log Anomalies:** The underlying state logs capture automated background instructions running during client routines. Specifically, on September 29th (following the update to version 26.30.2), the system logged an unprompted automated asset routine: \[initiateWalletTransfer\] Initiating transfer followed by Complete. targetOrg=dbfd88... via the KMS Auth2 subsystem layer. **The Problem:** Because an "Approved USDC - Unlimited" allowance was already established on-chain for the internal dApp integration, the automated execution routines or an exploit utilizing the enable-cash-usdc-sweep flow managed to execute the transaction directly on the network level. This bypassed the local device's Secure Enclave prompt entirely, requiring no physical FaceID challenge to clear the 1,044 USDC out of the wallet. Has anyone else audited Phantom's internal automated sweep flags or experienced a similar automated balance migration after using the integrated prediction features? *Note: Do NOT DM me. I am fully aware of recovery scams and fake support handles. Any private messages will be ignored, blocked, and reported immediately. Keep all analysis in the public comments below.)* *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.*

cryptokeyhole

Probably most of it, but not all. On our node about 52,000 BTC that had sat untouched for over 10 years moved in the last 12 months, and some moved on every single day. That's only about 1.5% of the roughly 3.6M BTC that old, so you're likely right about the bulk of it, but some of that pile clearly still has owners who just don't move often.

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Post is by: Big-Experience-807 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1xn7xjx/scary_binance_users_cannot_withdraw_some_altcoins/ **Paper backing from the company's balance sheet does not mean immediate user liquidity.** If Binance does not have those specific coins physically sitting in their operational hot wallets, the "Withdraw" button remains greyed out or blocked for users. Here is how the situation breaks down into reality right now: * **Liquid Crypto (BTC, ETH, Stablecoins):** Binance has already moved physical coins into new hot wallets. Illiquid Altcoins (The missing \~5%): This is exactly where the bottleneck happens. Binance has guaranteed the funds to buy them back, but until they physically source and deposit them into the withdrawal wallets, **users cannot withdraw them!** *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.*

SupaGai

If the normal financial industry takes over BTC they will strip the volatility and high % gains by doing things like selling options. Other volatility and price suppression strategies overall hurt the gains of the crypto ecosystem. Throughout history when an asset becomes taken over by institutions the price gets suppressed. Option selling strategies price pin assets to let theta bleed contracts over time. And fundamentally if retail gets fucked over enough they simply stop providing liquidity/using leverage or lose interest all together. When this happened with gold it was flat for like 10+ years. There’s still gains in the table but a 10% yearly gain instead of 25-35% is more realistic due to institutional involvement unless they get flushed out. The only real life changing money is in coins that Wall Street quants and yield harvesting strategies don’t want to or haven’t touched yet.

Responsible_Cod_1453

Not leaving, earned some after the announcement by shorting BTC and BnB .

Romanizer

Bitcoin's early reorgs were largely caused by software and consensus bugs, not a deliberate mining campaign like Qubic's. That's a pretty important distinction. Qubic didn't achieve sustained 51% control, but it did cause measurable disruption and deeper reorgs. So calling it a non-event isn't accurate either. And market cap isn't hashpower. A higher XMR valuation might improve mining security, but it doesn't automatically solve pool concentration or the economics of attacking RandomX. The bigger question is how Monero would ever approach Bitcoin's market cap in the first place. Store of value isn't some arbitrary use case. It's a fundamental monetary function, and Bitcoin has established substantial demand for it. With Monero, you can't independently assess ownership concentration, whale holdings or major wallet movements. Bitcoin's address distribution isn't a perfect representation of ownership either, but at least it provides publicly verifiable data. That opacity is a meaningful disadvantage for investors assessing concentration and liquidity risks. Combined with weaker liquidity, regulatory access and network effects, I don't see a convincing case for XMR approaching BTC's monetary adoption simply because it offers better transaction privacy.

useless-flame

My post didn’t mention all relevant context including the self-custody wallet hacks/ decentralized protocol exploits and the like. In those scenarios, people who were doing everything right with self-custody got hacked and went to zero. Contrast this with getting hacked on Binance and having Binance agree to cover all losses (which they didn’t need to do). People are being conditioned with a false sense of security if they let someone else be custodian of their coins. Taken together, it absolutely makes sense this is part of a broader self-custody FUD campaign because the only way to escape 21st century slavery (where what/when/how/where you can transact is no longer your choice) is through self-custody of digital assets. The extraction machine that is traditional finance would prefer you to own their paper BTC instead as you give them custody of your coins.

MarloChrisSnoop

Do you personally your BTC on Fidelity or a combo of self custody and Fidelity?

useless-flame

You identify risk associated with BTC, but your analysis doesn’t include risks of NOT OWNING BTC, or the risks of owning only institutional assets when it’s becoming clearer the socio-economic system itself is breaking and a new paradigm must rise once it does.

OscarOfAtlantis

The entire premise of bitcoin is that there is no singular or central authority that can decide who gets to “keep” the BTC. It is based on collective computing power of ask the committees trying to solve bitcoin hashes in order to get rewarded with the next mined BTC. Theoretically one could undo the ledger transactions if they controlled more than half of the computing power in the world, but the computing power Is so spread out now that this is next to impossible. And coordinating that many people so as to undo transactions would be a huge undertaking. Not to mention that even being able to undo transactions in this manner would undermine (pun intended) trust in the system and would probably cause a huge crash. (If they can take away the thief’s BTC, they can take away yours). The above is specific to any Bitcoin transactions. But the binance theft ALSO resulted in cross chain transactions involving other cryptos and making recovery even Less Likely than the almost- impossible BTC only recovery.

jekpopulous2

He's saying there are way more important issues on the ballot than Bitcoin. The US is such a shitshow right now that "which party is better for BTC" is irrelevant. If that's a wedge issue for anybody they're an idiot.

2xfun

Unfortunately bitcoin became political and the orange dude decided it was a good idea to rug pull everyone with crypto. Since the Average Joe can’t tell the difference between a clown orange coin and BTC it was another nail in the coffin for Bitcoin. On top of that none of the promises made by the current administration about Bitcoin became true that led to an apathetic bull market cycle.  No bueno.

cryptokeyhole

For coins whose key is still behind a hash, yes, and that's nearly two-thirds of supply. Once the public key is on-chain it can't help, because whoever has the quantum computer can derive the same private key and get a commitment in first while you're still in the coma. Proving you know the seed behind the key could cover reused addresses from modern wallets, but about 1.76M of the exposed BTC sits on keys last used over 15 years ago, before seed phrases caught on.

Efficient_Visage

Maybe you need to zoom out at look at the 10 year chart. 10 years ago today BTC was worth $685 dollars. What do you think it'll be 10 years from now?

NUkids11

But 99% of the population and potential buyers of BTC do not have the tech skills to buy it any other way. It’s not a bug, it’s the systems design that is the flaw to wide spread adoption

Wh-h-hoap

When I realized the people who had marketed BTC to me were by now millionaires, and I wasn't.

alhanyk

$840K × \~20M BTC = \~$17T market cap. Roughly all the gold in the world. Possible someday, but not one bull run.

kendog50

Agree. And I've been promoting btc since like 2013. I realized that when I bring up something like eBay, that's been around for 30+ years, and I see the blank confusion in their eyes, that a huge portion of the population has no interest or understanding of basic technology and they will never use BTC. The complexity of using crypto is off the charts for 99.99% of people. They see the safety of having a 3rd party involved with their money as a huge benefit.

Kommandant_Milkshake

2 cycles ago peak (Nov 2021) to last peak (Oct 2025) is \~88% gain. The same timeframe for the S&P 500 yielded \~40% gains. So even from peak to peak BTC more than doubled the return of the S&P 500.

Wh-h-hoap

I get that this is a joke, but I still love the fact that people actually use the rainbow chart to project future BTC performance.

Previous_Valuable873

You do realize that for like 8 more years XMR will still have less coins in circulation thatn BTC correct...? The inflation rate is miniscule.

Previous_Valuable873

BTC was also reorged a few times in its early years... ITs not as big of an issue as people think It would be. Especially if XMR would have the same mcap as BTC.