BTC

raylord666

I’m not lying. I paid $1 for 0.0003 BTC with CashApp.

Theverybestestintown

Who else is eagerly waiting for the 50's? Who's got cash on hand ready to scoop up cheap BTC, may never be this cheap again.

Kandiru

You can use a decentralised exchange. https://dex.decred.org/ will do USDT and BTC. It basically matches people and then does an atomic swap between the chains.

majesticideas2

BTC flat since Nov 2021 while stocks have boomed. Idk i'm starting to have my doubts.

YOLOontheGO

BTC is speculative and high risk, they’d rather have stable 3-5-7-10% a year than losing it all. Was tough for them to get to multi millionaire, they don’t want to restart the game.

raylord666

The $1 of BTC I purchased a year ago is worth $.40. Explain this.

crypto_Trader247

in my opinion it's a great time to buy BTC.

Takemaki

Bitcoin today is probably best understood as “digital gold,” not anonymous internet money. A lot of the original crypto promises weakened over time: * exchanges require full KYC, * blockchain analysis tracks transactions, * BTC is heavily influenced by whales, ETFs, and leverage, * very few businesses actually use it as currency. So the main advantages today are not privacy or buying coffee. The real value proposition is: * fixed supply (no central bank can print more), * self-custody (you can hold wealth without a bank), * censorship resistance, * portability across borders, * and independence from any single government. For people in stable countries with functional banking, BTC can feel like a speculative asset with no cash flow. That criticism is fair. But for people dealing with inflation, capital controls, frozen bank accounts, or unstable governments, the ability to own and move wealth outside the traditional system can be very valuable. Bitcoin is not replacing fiat anytime soon. It’s more like a global, decentralized reserve asset people choose to trust because it’s scarce, portable, and politically neutral.

wkndatbernardus

The Ayatollah is not going to enjoy $40k BTC, habibi.

beardgangwhat

Most on-chain options are coin coin and native BTC is kind of its own ecosystem. HTX isn't bad, but tbh if you're okay with KYC and you're gonna move the BTC off the exchange anyway, using one of the big exchanges shouldn't be an issue. Buy BTC with the USDT withdraw it then hw wallet. If you're tryna avoid that: Take this with a grain of salt as I haven't used it myself, do your own research, but MetaMask's mUSD might be worth looking at. If the person paying you can send mUSD instead of USDT, you can receive it directly in a MetaMask wallet rather than dealing with a CEX. Butttt metamask would be wrapped BTC so maybe I'll shush

Kitchen_Net_GME

I agree with no real evidence. But there are many indicators imo. A big one many are stuck on is that we have to drop to 35-40K to match the percent drop of previous cycles. But in doing so that is ignoring that our last major rally we didn’t see near the parabolic rise as previous cycles. We are already hit a drop of over 50%. Another clue is weekly RSI. It only flipped oversold 3 separate times. Each time was at or very near the bottom of a cycle. Last week we went oversold again, for the 4th time. It can just be a coincidence. Another signal is the weekly 200 day moving average. BTC tends to bounce when this is hit. We just hit it. Lastly, just going off trends. The last time BTC hit a cycle low, it came to rest near where the previous cycle high was. This also just recently happened. We all follow our own methods and instincts. But when just 1 of these flashes I get interested. In this case, all 4 hit at the same time. And honestly….it has me a tad concerned that it is all lining up to perfect. But no one knows!

Dealer_Vast

I've done this a few times and the boring answer is usually safest: check which chain your USDT is on first, then either swap through a wallet you trust or use a big CEX just for the conversion and withdraw BTC right away. tbh the scary part is less 'CEX bad' and more sending TRC20/ERC20/etc to the wrong place or using some random swap site

Reach_Beyond

I bought. I sold all between low $70k BTC and was 95% out at $110k BTC and 4.5k ETH. All that cash was in interest barring USDC. It is now 100% re invested between $68k to $60k BTC and 1.6-2k ETH. Not looking for opinions or tell OP what to do. No idea why I did it other than vibes

SN617

Worth being clear with yourself first: borrowing to buy is leverage. If price drops, you can get liquidated and lose the BTC. That is a different risk than borrowing against BTC you already hold to cover an expense without selling. Both involve risk, but leveraged buying adds a forced-sale layer. If it is the latter (borrowing against your stack), BorrowOnBitcoin.com compares lenders so you can see rates and terms. On buying with leverage, just go in eyes open.

Ok_Lake8089

Look bro I don't talk about BTC in public anymore. I don't want people to know how stupid I really am

SlickNegotiator

Queue up the people saying quantum computers will break BTC within a year, despite them having no actual argument why that should be the case or any knowledge of how quantum computing works. It happens every time there is a post about this topic.

Educational_Cable405

The chart only looks the same because in a bull everything pumps together. The real difference shows up on the way down. BTC does 70-80% drawdowns and comes back, most memes do 95% and just never come back. Same direction, completely different survival rate.

Brasalies

Seeing as the point of crypto is to be decentralized and not relative to any governing entity, i dont really see how trump has any relative bearing on BTC usage. Not to mention people have been buying, selling, and using btc LONG before Trump stepped into the limelight.

MinimalGravitas

I assume you are referring to Ethereum Layer 2s? Currently there is just 4.8k BTC on Lightning. It is irrelevantly tiny. In comparison there is about 40k BTC wrapped on the Ethereum rollup Base: https://basescan.org/token/0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf Just for example!

One-Divide-573

The AI rotation theory is interesting but feels like wishful thinking tbh. When AI crashes it's gonna drag everything down with it, not send people running to crypto 💀 Also agree on Saylor - dude's basically turned his company into a leveraged BTC play and that never ends well when things go south. Market's already sketchy enough without having to worry about forced selling from overleveraged players 😂

NoEntertainment9772

Absolutely right. "If" the 4 year cycle continues, this year is bitcoin bottom year, and 2029 is bitcoin peak, Usually around April time frame. We've been experiencing a capital rotation from BTC to equities. Equities are now starting to sell off, which means capital rotation again, possibly into BTC, or we may finally see another alt season that didn't play out last time around. Because institutions are now involved, it could be capital rotation back into commodities again, like gold and silver...

shy9691

If you're investing in crypto, some basic research is definitely worth doing. That said, asking questions is part of that research. The bigger issue isn't how to swap USDT for BTC — that's easy. The harder question is deciding which platform or custody method you trust

derbyfan1

Around a decade. There are other stocks which have 10x'd. And fair play. Its not a comparison. BTC is a sure bet - for the long haul only

peanutbutteryummmm

There is no way 32 bitcoin caused that many people to sell and 1b of leverage to come off. I think bigger players took out their Bitcoin position before taking off other risk. But yea, there have been some other things going on over the last 8 months. My guess is rotation from BTC to AI but your guess is as good as mine

Western-Source710

Borrowing at 4.8% right now. I think BTC will outperform that.

Romanizer

Not nine figures, 50 BTC. Satoshis wallets amount to 22,000 keys. Assuming the first cryptographically relevant quantum computer takes one day to solve shor's algorithm and brake a key, they would need 60 years to empty Satoshi's wallets. That's where this pipe dream dies. And again, this capacity would be under heavy regulation and control of the government as their secrets are deemed more valuable than some private keys.

liquid_at

in every cycle, BTC has retested the high of the previous cycle. 2021 was 58k and 60k. So it was clear that this would be retested. Good news is, next bear market will respect the next high, which was 130k, so this might be the last cycle with 5 digit prices.

Bilatsibagya

No way, with my $400 BTC portfolio

boring112

I do not think BTC will ever be a true currency. Digital asset yes. But currancy No. Despite Satoshi's (whoverthat is) intent for an alternate currency I do not think that will be realized any time soon. Ask me why, go ahead ask... but also state why you think in practical terms it is a practicle currency.

Good-Book-6912

I see a shit token called BTC on their website.

Otherwise-4PM

Anyone who answers you is just admitting to a total stranger that they own BTC.

HKBFG

Every time the stock market goes down, BTC goes down even harder.

beckymargot24

The wholesome part is that he's asking questions instead of pretending he understands everything. That's honestly a better sign than someone who buys Bitcoin on Monday and is posting price predictions by Friday. The only thing I'd keep emphasizing is that borrowing against BTC can feel like "free money" until the collateral drops 30-50%. As long as he understands the risks, learning by doing is probably how most people eventually figure this stuff out.

bluecgrove

I implore you to check out verifiedx.io. It is exactly what we want for BTC.

Original-Oil-1515

Careful what you wish for. If BTC gets to a million it might be because a Big Mac is $10,000.

MeetMyBackhand

5 years ago today, BTC was trading at $33.5k, which would mean an 85% return... ETH, on the other hand, was trading at $2,700 which would mean a 39% loss. In other words, these are some really cherry-picked numbers from 2021...

Ifnerite

No. BTC or ETH.

theincognito66

Every bear market destroys many meme and altcoins that never recover. If you're able to declare losses, you could offset capital gains you have this year in other categories. Just be aware that even when BTC recovers, altcoins die.

CompleteView2799

Didn’t realize BTC was tied to food and gas prices. Didn’t know it was tied to ANYTHING, actually. Learn something new every day!

r3v3rb_1

Supply and demand is a funny thing, isn’t it? Mining has unfortunately become a vector of centralization from a few large players, and I couldn’t care less about their profits. Mining was meant to be done by anyone which is basically why the big blockers lost. I believe if the big names shut off, the network would adapt, and most likely end up stronger. I am no expert, nor do I claim to be, but I do see the BTC network as pretty dang resilient.

tron1977

My guess… around 45. If it’s doing a head and shoulders pattern, then 45 seems to be the base. Also looking at the all time chart if it keeps following that pattern it looks like 45 is the base there too. This is all just guesses looking at patterns, but BTC can do anything, so take my opinion with a grain of salt

justcallmechuckles

The Nasdaq drop happened after BTC dumped. And BTC has been selling off for months. They’re related for sure but the Nasdaq dump definitely didn’t cause it. The signal Saylor’s sell sent to the market was the impetus to Friday’s specific sell off

powni_

Ln is a total failure, and no, no major players are going to step in and guarantee L1’s network security with high fees so that small wallets on Ln can free-ride. The subsidy is declining exponentially, and the fees are a joke. Fees would have to rise exponentially to offset an exponentially declining subsidy...that’s not going to happen. When I look at the fee structure from the last few months, even at the ATH, you can’t help but laugh... at times total transaction fees were under 3 BTC per day, so about 0.02 BTC per block, because everyone playes number goes up. This is not going to work. Pretty sure Bitcoin will die, sometime in the 2030s.

tron1977

If it’s doing a head and shoulders pattern, then 45 seems to be the base. Also looking at the altimeter chart if it keeps following that pattern it looks like 45 is the base there too. This is all just guesses looking at patterns, but BTC can do anything, so take my opinion with a grain of salt

Cryptizard

Queue up the people saying quantum computers will take 100 more years to break BTC, despite them having no actual argument why that should be the case or any knowledge of how quantum computing works. It happens every time there is a post about this topic. B

Good-Book-6912

I don't think it will ever be a good time to but BTC. Not now, not 10 years from now. But 10 years ago? Sure.

slavikthedancer

\> BTC is a store of value only at this point and any attempt to be something else has utterly failed. False. \> LN is useless False.

Good-Book-6912

But would people actually be using Bitcoin? Real BTC onchain.

DaleAguaAlMono

While bitcoiner's slogan was only HODL none BTC number will make anyone financially free. Bitcoiners MUST push for BTC to be used, so merchants would accept it more widely, people would be able to use their coins everytime more, more people will feel the real use of BTC, and BTC will become something more than a store of value. That's how I see things anyway.

Good-Book-6912

I guess I might be out of the loop. Did they stop trying to convince people that Lightning is a great scaling solution that makes it possible for BTC to be real money?

MoccaLG

USDT is the currency you change your "US Dollars" in when on the trading plattform. Then with USDT you can buy BTC.

Real-Technician831

BTC is also rather useless store of value as it keeps collapsing.

Milcah_Ganderton

Your math checks out, though that fee structure only makes sense if BTC keeps appreciating - if it stagnates or dumps, those fees eat into returns and institutions bail. Still, the fact that BlackRock and others are willing to collect crumbs on massive BTC positions does signal they're playing the long game rather than trying to extract value short-term.

Crypto-Bets

& BTC is great for making payments $100+, sending money abroad, etc.

dj_destroyer

lol I love all this BTC hate -- where was this last year?

olduvai_man

BTC is a store of value only at this point and any attempt to be something else has utterly failed. LN is useless and the only people who hype it up are the type who will end up as a Litecoin maxi.

Blackiris-Code

Some informations are missing to give you an answer. How do you want to hold your BTC? On a BTC adress? On which chain is your USDT?

0xa99

Hyperliquid spot BTC.

jason733canada

I have been waiting years for a good price to pick up more BTC

GoldenParrot456

BTC is the way but man there are many many alts that ramp up 50 -100% in weeks. dont miss out on alts while waiting for the old king to catch up!

Notyours_Jaxk

Yes, if you already have USDT, you can directly swap it for BTC using a non-custodial swap service like THORChain or ChangeNOW. Just ensure you select the appropriate network and review the fees before proceeding with the transaction.

AInception

Miners spend $100 on electricity to mine $101 of BTC. Then they necessarily sell the BTC for dollars to buy more electricity. Until miners can pay ASIC and energy companies in BTC and those companies can pay their employees and taxes in BTC, then Bitcoin's security is measured in dollars. If you look at the total daily BTC issuance and multiply it by its market dollar value, you can see the upper limit on what miners are spending on electricity at any given time. This number is called the security budget, and it's a dollar amount. If someone invents a new miner that does 100X the hashes for the same dollar input, Bitcoin's security would not increase because every miner will buy the same machine and continue to feed as many dollars as they can into it while still being in profit. This is true for all POW chains. Which is why some btc devs are seriously considering POS now. If you eliminate the middlemen who expect to be paid in dollars, then security can be derived from BTC purely. Currently miners are spending over $50K in electricity to mine each 1 BTC. If BTC fell to $100 per coin then miners are not going to continue spending $50K+ on energy for 1 coin.. They will spend up to $99 on mining each $100 coin because they aren't running a charity. If it cost you $50K to mine 1 coin and they're selling for $100 it'd make a lot more sense to buy off the market than to burn your money. If the quantity of BTC miners receive drops from being worth $50K of electricity to just $100 it has the same effect as the dollar value fluctuating from $50K to $100. In either case, getting 1BTC worth $50K or getting 0.001BTC worth $50K any rational miner will spend up to 50,000 dollars on energy to mine that amount of BTC to sell it for profit. The core issue is the quantity of BTC being paid to miners is halving itself to 0 and the dollar price can't double forever to offset that. Even if miners could pay their energy company in BTC they still won't accept 0 BTC as payment.

ThePugz

I don’t tell anyone to buy BTC or anything pretty much. I tell them I own it if they ask & tell them to only buy it with discretionary money & only if they can handle massive amounts of volatility.

no_downvote

Lightning makes BTC a great Visa alternative for merchants, faster and cheaper. Institutions? It should become infrastructure. All this Institutional involvement in highways is nerve racking.

Huge-Artichoke-1376

Getting laid and buying more BTC.

marketsage2

https://x.com/oiiiiivij/status/2063645745865961571?s=46 The likely cases for BTC here

Electronic-Rate5497

Hey! I hold BTC but I also am all IN on SPCE wtf is SPCX crap

malte_brigge

At four figures, the average cost basis of my existing BTC.

AutoModerator

Post is by: AIautoagent1 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1tzht8w/how_are_you_sizing_cbdc_risk_in_portfolios/ The quiet story that matters most right now is that CBDCs have moved from “interesting research topic” to “assumed baseline” in the future global monetary architecture. If you look at the Atlantic Council CBDC tracker and recent IMF/UN reports, the direction of travel is clear: most major economies are either piloting or designing CBDCs, and the conversation has shifted from “if” to “how and when.” China’s e-CNY is the furthest along at scale, the ECB is deep in “digital euro” design work, the Fed is still in research/consultation mode but deliberately keeping the door open, and a long list of EMs are treating CBDCs as infrastructure for cross-border payments and capital controls. At the policy level, CBDCs are being framed as “public digital money” to coexist with private stablecoins and bank deposits, and as tools to modernize payments, tighten monetary transmission, and maintain state control over the unit of account in a world of stablecoins and Bitcoin. For crypto, this cuts both ways. On one side, a programmable, surveillance-friendly state money is a direct competitor to stablecoins and undermines any illusion that “digital payments” alone are disruptive. On the other, by normalizing purely digital base money and accelerating the shift away from cash, CBDCs make the contrast clearer: Bitcoin and self-custodied crypto as the opt-out from a system where monetary policy, capital controls, and even transaction-level permissions are software. Against a backdrop of rising fiscal deficits, slow-motion dollar debasement, and a more multipolar currency system, Bitcoin starts to look less like a tech trade and more like neutral collateral and optionality. The fact that institutions are now holding BTC via ETFs at the same time the official sector is blueprinting CBDCs is not a coincidence; it’s the market building its own parallel rail. My response is pretty simple: if the state is going all-in on programmable money, the only rational hedge is owning assets on rails you control. With CBDCs accelerating, I keep everything off exchanges in self-custody on a Ledger — the whole point of crypto is the exit: https://shop.ledger.com/?r=earning-hq&utm_source=reddit&utm_medium=social&utm_campaign=cbdc&utm_content=ledger and I still use Coinbase as the most compliant US ramp for people just getting positioned: https://coinbase.com/join/earning-hq?utm_source=reddit&utm_medium=social&utm_campaign=cbdc&utm_content=coinbase Curious how everyone else is actually sizing “CBDC risk” in their portfolio construction. Do you treat it as thesis support for BTC/ETH, or more as a regulatory headwind for stablecoins and exchanges? Ledger and Coinbase links are affiliate links. *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.*

dj_destroyer

Where are you getting your data? BTC was just under $35k on June 7th 2021 (5 years ago). You're really only down if you bought in the last two years. Also, why is it always 5 years? Gold was down for a decade (2011-2021), does that make it a bad investment? I don't think so. I think a decade is a proper time horizon. If you bought 10 years ago, you're laughing today (despite the recent pullback). Up 10,000% is hard to argue.

Good-Book-6912

I have traded the forex market. There it was just about speculating, trying to get more of my local fiat currency. Just like people buy BTC to get more fiat that they can actually spend on goods and services. Enjoy your very super duper good money that you almost can't spend anywhere.

polymath_uk

Ah so you don't understand the forex market either, or arbitrage. Yes there is a point to owning currency that cannot be spent locally. Not, mind you that BTC cannot be spent locally, it can, where a retailer or other party agrees to transact using it . But another rule in economics is that bad money drives good money out of circulation (ie into savings) precisely because people spend the bad money all the time because it's less valuable, and save the good money (it's out of circulation). But that is a sign of strength not weakness. 

GreenBullOne87

I have bought plenty of things with BTC. There are a lot of online retail places where you can pay with bitcoin. I don’t play video games but people I know that do say they have bought a lot of stuff on PlayStation store or something like that with BTC. Or you can buy stuff on the dark web lol. I used to do that when I was young and BTC was at $800. Really kicking myself in the dick for not holding onto that.

dhoni23

Exactly. Find these posts so funny. Only BTC has at least some underlying uptrend but does crash like crazy every now and then. any other crypto - I don't even see a trend, just a range and thus, HODLING never made sense to me. eth and sol are so strongly range bound and I still don't see a long term trend. I have been using troughs and peaks with some simple standard deviation math to enter long and sell. Have made solid profits 3 times. Have been going long for the fourth time in the last few months with gradual buying. Sold it all last year around Sep and Oct. Rinse and repeat!

Electronic-Rate5497

Not yet! I mean you could throw on a VR headset build a house out of BTC

marsh2907

Clearly you don't know the difference between a margin trade and how Michael S has raised funds to for BTC purchases.

Morning_Star_Ritual

PSA Always Adjust For Inflation The 2021 ATH’s purchasing power is what matters as long as we price BTC in dollars $80,213.23 This is the price you should render in your head when you look at the 2021 ATH

pulkxy

which is why I'm buying a lot right now :) edit: only BTC

bootmeng

Putting BTC in the same category as every other crypto is disingenuous. If your goal is to get lucky with overnight 20x gains on memecoins, go do so. If you want actual hard money, there's BTC.

polymath_uk

Yes and in the UK we use GBP instead of EUR, in the US they use USD. Those currencies work fine for purchases in those places, but by your logic USD is pointless because you can't spend it locally. But if you import something from the US, you have to convert to another currency to buy the thing. It's o different with BTC and EUR or whatever else. But because BTC is not fiat and is of finite supply, it retains its value and cannot be inflated. 

Good-Book-6912

But totally true. Right? It only matters how many satoshis you have. Fiat value is irrelevant. Right? Because you totally measure worth in BTC. Right?

Debby_Beauty1359

Should I invest in SpaceX coin in 2026? Post: Short version, you can't, and that's the honest answer that saves you money. There is no official SpaceX cryptocurrency. SpaceX has never launched a coin, and Musk hasn't made one. So there's no legitimate "SpaceX coin" to invest in. Anything calling itself that in 2026 is unaffiliated, and most of it is a scam. What you'd actually be "investing" in if you went looking: A random impersonation token someone minted (no connection to SpaceX, often no liquidity, frequently a rugpull). A flat-out scam: fake Elon giveaway, fake presale with a countdown timer, fake airdrop. A third-party "tokenized SpaceX" product that isn't official or endorsed and has its own risks. None of those is "investing in SpaceX." SpaceX is a private company, so there's no easy public retail way to own a piece of it, and a token is not a secret backdoor, it's bait for people frustrated by that. If you want crypto exposure in 2026, trade real assets like BTC/ETH on a regulated exchange. If you specifically want SpaceX equity, accept that legit retail access basically doesn't exist yet and don't let that push you into a scam. Not financial advice, but on "should I invest in SpaceX coin" the answer is there's nothing real to invest in. Stay safe

AmbitiousEdi

I had a very modest amount of BTC in an account I had forgotten about because I purchased it in like, 2017. It had gone up in value 2000%, and I cashed it out earlier this year. Bullet dodged.

AInception

No one thinks 32BTC hitting the market is what made it crash... LMAO People freaked out because laser-eyed "BTC Jesus" said he'd *never* sell BTC. He's accumulated over 5% of the entire supply and painted himself into a corner with debt obligations that are due soon. That guy sold some... Saylor could have sold 0.32 BTC and still freaked the market out. Fundamentals are weak in btc land. Saylor is almost all they have.

interstellar_nips

“Bitcoin was never supposed to be measured in USD”, followed by a whole essay measuring BTC in USD? Bruh are you listening to yourself?

CompetitionDouble420

Mining ~3500 sats/day, given the network's current mining difficulty, with a healthy correction due in T-6 days. Stopped paying attention to the underlying price a year ago, focusing solely on BTC quantity, completely eliminating emotion from the equation 🤙🏼🤙🏼 Stay strong my fellow hodlers; this will serve as the ultimate test of your conviction. Only honest conviction and patience will be rewarded.

cizmainbascula

no, this is where BTC dies, a good entry point would be roughtly at ATH. Preferrably with leverage.

Slider33333

Any bitcoin to hold purchase should be a minimum 5 year commitment. In 5 years you will 12 months out from the second halving after your investment. The maths is beautiful. Energy is not reducing in price. More and more of the supply is being concentrated into wallets that do not sell. 2 years from now, there will only be 200BTC created a day. 73,000 BTC per year. Microstrategy bought half of that amount in a single purchase not long ago. In 2030 that daily available BTC reduces to 100BTC per day. Trust the maths. You are a wholecoiner, congratulations.

stiff_tipper

> miss the entire point of BTC well that's easy considering "the entire point of BTC" changes based on what day it is and who ur talking to

captaindopesauce

This is troll deflection at its highest. You’re deflecting from the fact that you’re mad that everyone is calling y out out on your definitive statement that this time is different, meanwhile in the comments saying that it’s probably different. But to answer your question, no, absolutely not. My last major buy was almost 10 years ago, so 200k (almost 3 times its current price, and almost its current price on top of the ATH price) is an absolutely atrocious exchange rate as far as currency is concerned. When you buy bitcoin, you’re just selling fiat (assuming USD) in whatever form you’re using. It’s a market on both sides. When BTC’s price (not value) increase on a USD scale, the dollars purchasing power is less than it was. Would you sell your 1 bitcoin for 15k, or would you wait for the dollar’s price against it to weaken so that you’d get more dollars for you bitcoin? Would you wait until your pokemon card collection dropped in value more than it ever has on a USD scale to sell it? You’re literally selling your USD for bitcoin, and currency markets are nothing more than people buying and selling money with money. Nevermind the fact that USD isn’t actually worth anything more than the paper it’s printed on, it’s just a promise of buying power, which is different. So no, I would not wait until my USD was worth even less in a BTC/USD exchange rate (or BTC’s price as people know it as) to buy it.

FnAardvark

Maybe 50k? At that point I may buy ASST or MSTR though. I'm happy with my BTC stack, so it would be more of a swing trade than a buy and hold.

Doctor_Fritz

Right? It's like they're all oblivious to the interest rate hike and the inflation in the US caused by the Trump Iran war, combined with the IPO of spacex and plans of AI companies to introduce more stock to collect capital for investments. But no, the fact that one company sold a fraction of a fraction of their BTC, that's the reason BTC dropped. LMAO

BitcoinBrains

On the surface, BTC has a massive market cap and a solid system, but its internal structure is not robust. Recent on-chain data shows that the proportion of long-term holders has continued to decline, while the proportion of short-term holders has risen, indicating a loosening of stable capital. At the ecosystem level, BTC is highly correlated with ETH, stablecoins, and various Meme coins. Local explosions or leverage can easily be amplified, becoming the trigger for price volatility. BTC’s Fungibility (liquidity/convertibility) in local markets still has deficiencies and cannot achieve smooth, equivalent-value transactions under all scenarios.

BitcoinBrains

On the surface, BTC has a massive market cap and a solid system, but its internal structure is not robust. Recent on-chain data shows that the proportion of long-term holders has continued to decline, while the proportion of short-term holders has risen, indicating a loosening of stable capital. At the ecosystem level, BTC is highly correlated with ETH, stablecoins, and various Meme coins. Local explosions or leverage can easily be amplified, becoming the trigger for price volatility. BTC’s Fungibility (liquidity/convertibility) in local markets still has deficiencies and cannot achieve smooth, equivalent-value transactions under all scenarios.

Apprehensive-File552

This mentality is the copium that is in the MSTR subreddit. Bunch of clowns including the mods who run it. They ban anyone who tells the actual truth that the company is overleveraged and a ponzi scheme. Can't wait for investigation on the proxy trading of MSTR's BTC purchases somehow always being the peak and highest average during the week prior.

AInception

Might be time for you to check the issuance schedule then.. 99.5% of all coins are in circulation already, or put another way there's only 0.5% of security budget remaining. Bitcoin core devs are saying there's just 1 or 2 more halvings before they have to increase max supply or migrate to POS, when either will destroy Bitcoin's entire narrative and thesis. There's not a single good solution proposed to handle its inevitable security collapse. It's like a startup that loses $1M a month being handed a one-time $50M subsidy. We're on month 48, it's still losing $1M a month and all the money is almost gone. Then you come in and say, it's been running consistently throughout its history so therefore it will have no problem in the future. The miner subsidy is almost entirely gone today. It was put there to ensure the network was secure during its startup phase, allowing it to grow organically to the point the training wheels can come off. It's no longer a startup at this point, but it absolutely will crash without its training wheels on. This is a massive problem to have on a $1T asset, and the market seems completely ignorant to this. Satoshi's roadmap had it so Bitcoin would scale over time, following Moore's law. So by now the security budget (miners) would be getting paid from a high volume of transaction fees and not the temporary subsidy. That obviously didn't happen, people wanted to do everything off-chain instead, so now miners are still getting paid 99% from the subsidy today. The subsidy that is still set to exponentially fall to 0 algorithmically with no blockspace demand in sight. Take your paycheck and input it into a calculator, divide it by 2 and divide the new total by 2 again, then do this ten more times. How long before you quit your job? That's what miners are faced with, now more than ever as BTC's price gradually stabilizes. The only good way out of this is if the price of each coin doubles around each miner-pay-halving event, so miners don't take a cut and can continue pumping as much money into securing the network. Indefinitely. It was a lot easier to 2X when BTC had a $100M market cap than it does today at $1T.. Suppose it doubles to $2T anyway, it still has to go to $4T right after and follow up to $256-trillion in a couple decade's all to maintain today's miner budget. There's still no good reason for Bitcoin to become worth 100s of trillion, and then hit 1 quadrillion just ~8 years later, when it's still entirely speculative and doesn't produce value for those actually using it. At some point something will give, and security will start halving in line with the subsidy. The few times people did use Bitcoin's blockspace to derive value, value that went back to miners, the whole maxi community threw a hissy and tried getting those transactions censored. Attacked devs working with BTC until they gave up and found different chains to work with. The same maxis who fought tooth and nail to have Binance be the transactional layer for Bitcoin instead of that value going to miners. If the max issuance is doubled to 42M total BTC, as proposed, then it might extend the runway by a lot. I just wonder if that sentiment shock will half the price making the whole 'fix' be all for nothing. Time will tell if something can be done, but we're running out of time at an alarming rate.

-M00NMAN

We’re going a lot lower Q4. Especially after trump gets wrecked in mid terms. Plus anyone who can read a chart can you tell you BTC is on a fucked path.

interstellar_nips

“Bitcoin was never supposed to be measured in USD” / “1 Bitcoin will always equal 1 Bitcoin, and that’s the point” So would you trade 200k USD of your money for 1 BTC? Since 1 BTC = 1 BTC anyway and shouldn’t be measured in USD?

nerdburg

Can you let me know the next time you are going to buy/sell so I can do the opposite? J/K my friend. Stop trying to time the market and look up "dollar cost averaging" and do that. As a famous rich guy once said "Time in the market is better than timing the marker". This applies to BTC too.

TheresNoSecondBest

6.15 BTC ...🌏👨‍🚀🔫👨‍🚀🌌