BTC

robi101012981

Yes, I got out 2 months ago with a big loss from the egld ecosystem. Now I only have some BTC and ETC which I received for free from Robinhood and Bitvavo, however, I'm down 30% in just a month with them...

ljungbergsghost

Parking value. This isn’t BRK.A or T bills. This is BTC down 50% while everything else is to the moo.

lukesmit695

I’m not afraid to hide my love for BTC, so not worried about showing it off haha. And since I made it, don’t have to worry about spending the money😄

Legitimate_Cry_5194

It's so similar. The double top of the bull in 2021 where BTC barely managed to print a new ATH in November. Altcoins that didn't recover to the prices of the first top. BTC stabilizing and Ethereum suddenly running wild signalling the end of the crypto bull market period. Bear market appearing gradually after the second top, the denial phase, and prices collapsing severely in the second half of 2022. Let's see about the lows. I'm very hesitant of entering right now. Part me of sees an opportunity, and an opportunity IT IS right now for the long term investor, but there is a GIGANTIC difference on future gains buying at 55%/60%/65% down from ATH instead of buying right now at 45% down. I prefer of completely missing the train than banging my head on the wall for buying too early. We are nowhere near peak desperation. I will buy when i feel shitting my pants just by thinking of buying. Stock exchange is like 2% down from ATH and we are 45% down. Tells you all you need to know about where we'll end up if we get some true bear market reversal or even just a 10%-15% pullback in S&P 500 etc.

delf0s

Here's a fun thing you can do. Go to google gemini and type this prompt, "How many times has BTC been declared dead"

delf0s

Not once did I say I sold...or bought. Just sharing my opinion. I have money saved to buy BTC at the 50k to 40k level.

delf0s

it's following it's 4 years cycle. EVERY SINGLE bear market....loads of people say BTC is dead. It's a meme now. By Oct or Nov of 2026....will probably be it's low. I'm guessing 40k ish. However, since we've already dropped like 50% so early in the cycle...the bear market lows may come earlier.

Nice-Can-1581

Its not stock making billions and paying dividends. You can " time the market" very easily, by just looking on on chain data and seeing 100k+ BTC entering exchanges at 115k.

Interesting_Low_1025

Yes. In since 2013, and my interest reached a peak in 2021/22. The reality is that among my friends no one cares anymore. Most of the normies got burned on Alts and NFTs and then again meme coins. No one is interested in talking about it anymore, some still hodl- but most cashed out. I just don’t see a future any more. I was mostly BTC maxi, but when the dollar started weakening and gold rallied but BTC behaves like levered Nasdaq it just didn’t meet the moment for me. I liquidated Sol and Eth in Oct- and I’ll keep BTC but I’ve given up on the adoption I once expected to see.

coax_k

It's coming back now. I repressed those memories. GOX first, then about 3 years later BTC-e. Some of the coins from the GOX (let's call it a robbery) robbery were even washed through BTC-e. Good times.

coax_k

Maybe BTC-e? I'm old enough to not remember which came first. Either way, I got fucked in both. I remember that part.

National-Citron916

I’m hoping that NVDA will have a good report Wednesday and drag the market up bringing BTC and other cryptocurrencies higher.

Odd_Bar9513

I guess it’s like 38-40 k€/BTC

ugraba

I bet they won't take the current BTC drop into account. If it recovers in 2028, you'll have to pay taxes while you might be at a net loss

Suitable-Profit231

Everytime the total amount of US Tether increases the company behind it is supposed to buy the same amount in $, or something that represents it, and thus depegging should not be possible. So if USDT depegged it would show that the company behind it is untrustworthy and have a huge negative impact... could have been deadly few years ago, but now it most likely won't be... at least not for the top coins... Why? Well there is alot of alternatives now that didn't use to exist, like on binance there are nearly as many markets for usdc as there are for usdt and there are many more. And BTC especially is currently mainly driven by institutional powers, and they never liked stablecoins anyway. Think about it, stablecoins are most important for retail investors...

bitusher

1) https://learn.robosats.com/ https://www.youtube.com/watch?v=QISRoZxQaAs&list=PLigSCpZv02e8s-VBPGZ6XL5v925up0VBy 2) https://bisq.network/ https://www.youtube.com/watch?v=nU1s1Rk3no8 3) https://vexl.it (outside USA) 4) https://hodlhodl.com (outside USA) https://www.youtube.com/watch?v=epLslPQC-EA are popular If using a DEX like bisq or robosats you will need to have a small amount of btc to get started though https://bisq.wiki/Getting_your_first_BTC Bisq 2 allows you to buy without a security deposit : https://www.youtube.com/watch?v=BUoiUSUkMGw

Miserable_Twist1

USDC depegged for a while and BTC rallied in response to capital flight. It 100% depends on the reason and magnitude of the depegging.

Ok_Golf_6467

TRACK ME BRO, just bought more BTC

Dramatic_Studio5541

It’s only easier to use because most merchants don’t accept Bitcoin/Lightning yet. Lightning payments are super fast and easy, and you have the added cool factor that you’re giving the merchant a money that is not an IOU and is not going to perpetually be worth less and less over time. I know you could say Bitcoin is worth less each day in $ at the moment, but it’s still on adoption curve and this is temporary. As a fraction of its total supply 1 BTC still equals 1 BTC, whereas 1 USD today = 0.1 USD a few decades ago

uamdarasulka

interesting observation — ETH leading BTC is something the derivatives data hints at too. ETH longs have been holding steadier than BTC longs through this chop. Reddit sentiment shifting to "cautious DCA" while smart money stays positioned is exactly the kind of divergence the tool is designed to catch. that monthly resistance level on ETH is worth watching — if longs hold through it, that's a different story than if they start unwinding.

defeater33

The Reddit army talk has changed from "is this where I should start buying" to "DCA buying now with caution". Oddly ETH monthly candle chart shows this as the first predictable resistance area. While better than BTC which shows this as the second resistance area. Maybe ETH is driving BTC?

Mister_Browser_6789

💰 I’m giving away 0.000015 BTC! Just send me a message with “WIN” and you could be the lucky one 🚀

Mister_Browser_6789

💰 I’m giving away 0.000015 BTC! Just send me a message with “WIN” and you could be the lucky one 🚀

Mister_Browser_6789

💰 I’m giving away 0.000015 BTC! Just send me a message with “WIN” and you could be the lucky one 🚀

Wickedmasshole77

Has a lot more utility than BTC as well

digitalr3lapse

I doubt it. If anything people will sell the news. I'd put my money on a boring couple years with people saying "BTC is dead".

potificate

Pretty? Yeah. Would the money be better spent on BTC? Yup! Plus, you aren't giving yourself away to anyone who visits wherever you hang this.

username12435687

Fidelity is pretty damn reliable. If I was trusting anyone with my bitcoin beyond myself, Fidelity would be near the top if not at the top of that list. Its better to let Fidelity manage it for you if you are worried about not understanding seed phrases and don't want to mistakenly be scammed or robbed somehow. That being said, I agree that spot BTC and self custody are the best if you are willing to invest the time and money into understanding it and getting a good cold storage wallet etc. Thats not for everyone though

hashtag_ryebread

First of all, I never said investing in BTC was gambling, that was someone else. My issue is with your defense of the claim that it's gambling, and my point is that you could hardly have picked worse examples to make your point than the S&P 500 and gold, two notoriously safe investments. What do I mean by safe? Safe in the sense that chance that investing in them will one day leave you stuck with something worth pennies on the dollar in the long term is very very low. Not 0, but very very close to 0 (particularly in the case of gold). In this sense, there is no comparison between gold or the S&P 500 and BTC. None. It's an irresponsible comparison. Now, if you're looking for short term return instead, how do they compare? Well, technically yes, investing in any of the 3 could result in you losing money in the short term. No doubt. In this sense, investing in any of the 3 could be considered "gambling". But this is well understood about short term investments in any stock, basket of stocks, or commodity. There would be no point in arguing that BTC is gambling in this sense because in this sense, everything is gambling. Importantly though, even over the short term, it's vanishingly unlikely I'm going to be left with pennies on the dollar with either the S&P 500 or gold. They are fundamentally different from BTC in that respect. Investing in a single stock in the S&P 500 *could* leave you with pennies on the dollar, and so if you wanted to compare BTC to picking stocks, then that would be something worth talking about. Now in *that* case, it's *still* not the same, because the valuation of any company in the S&P 500 has *some connection* to *at least some* metrics that have a long historical track record of predicting success. Revenue, expenses, profits, margins, etc etc. These metrics are tied in a real way to the actual real value of what the company is doing in the economy. The valuation of a company can disconnect to some degree from some or all of these trusted metrics. But this has no comparison to BTC, the value of which doesn't connect in any way to its value in the real economy, and which has no metrics backing up it's valuation with a history of success anything like those backing up a company in the S&P 500. You could say the value of gold has no connection to its value in the real economy and you'd be right, but, once again, gold has a track record of hundreds of years that back up the fact it's not going to become worthless any time soon. Again, BTC cannot compare in terms of the reasonableness of confidence that it will hold value over the short or long term. These are *terrible terrible* comparisons to draw to defend against the charge that investing in BTC isn't gambling. They serve to highlight the ways investing in BTC is *way more like gambling* than investing in either of them is. It is simply *not true* that "all of it is gambling" or "none of it is", unless you say "gambling is taking any risk of losing any quantity of money", but that is an absurd definition of gambling which robs it of any value as a description of one investment vs another. No one would use the term this way.

Leownx

I also think BTC is great! Stack those sats!

Sea_Variety_1691

No it's not going to zero and no nobody has to explain something to a degen gambler. If you want to gamble go to a casino, BTC is not "gambling"

No-Figure-8795

So what token would you recommend? BTC, ETH and?

potificate

But you only got the fiat equivalent of your holdings (at the time of loss), not your actual BTC, correct?

oopssomething

Now a good time to buy MSTR, or would just BTC be performing better?

Ok_Location_1092

I think Iran is weighing on the markets and especially crypto/BTC. We all saw the flash crash when the US bombed nuclear sites last year. If you think the US will go kinetic, why not wait?

AutoModerator

Post is by: uamdarasulka and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1rb48mu/built_a_tool_that_tracks_whale_positions_across/ So I've been building this thing for a few months that tracks positions from top-performing whale wallets and tries to surface a consensus signal. Today it's showing something I thought was worth sharing. The crowd signal across all 28 tracked wallets is neutral, leaning short — 53% weighted to the short side but confidence is only 53%, so basically the crowd is sitting on the fence. But the wallets with the best historical track records are doing something completely different. Those ones are loaded up long. BTC, ETH, SOL — about $1.1B combined on the long side versus $113M short. That's nearly a 10:1 ratio. That kind of split doesn't happen often. Usually when the top performers take a strong directional bet, the crowd at least partially agrees. Right now they don't. The crowd is uncertain and the best performers are pressing long hard. The site is [swarmintellect.com](http://swarmintellect.com) if anyone wants to look. Live data, updates every 15 minutes. The signal panel is on the right side of the map — shows both the overall consensus and the breakdown by tier. Not financial advice obviously. Just thought the divergence was interesting enough to share. Anyone else tracking whale positioning right now? *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.*

FeelessTransfer

Depends. It's the only instant and feeless cryptocurrency. No mining. Almost as old as BTC. It's NPM JavaScript downloads are sitting st 20k weekly downloads. This suggests a large company is working to use or implement Nano.

No_Giraffe_4647

The crypto market is at extreme fear level now so the is definetely a downward pressure for now, but it looks like it is slowly fading according to chart analysis, RSI level and other economic and behavioral data indicators. Now there is a kind of clivage where half of people think it is slowly becoming worthless (including economists and analysts from RWA side) while the other half is gaining confidence and playing opportunity (like high tech developers and businessmen like Mike sailor as a convinced case of bullish camp) So to summarize we have 2 camps and general opinion never has been so unsure of BTC destiny but the risk averse people have decided to step away completely while the risk savvy investors keep stacking. In my opinion and after checking after the current investors psychology I am guessing that the price of BTC may evolve with up and downs inside a huge price corridor like 60/110 k Without going below these limits on a long period (just briefly testing them while bouncing back in opposite direction). Several key drivers are the growth of investor pool (which is expanding from current level of 650 million account worldwide) plus the growing pace of tokenization of RWA (growing as well pretty strongly) which will drive crypto asset price up. The downside is the valuation model of crypto assets especially the ones which are costly in terms of energy and transaction fees (BTC scores pretty bad on both compared to other protocols)

Rotund_Flatworm

I already checked him out and cross checked his post dates with market data available to him at the time. Nothing he says is revolutionary or groundbreaking. Every post, which he makes frequently say the same things "BTC will his 120 then go to 80k!" While we were sitting at 94k he says this. Then when we were at 84 he says the same thing but with a +/-10% value difference. He's a content creator trying to gain recognition with his "10 years trading experience". What!?? 10 years??? Let us all sit at his feet and listen to his market predictions! I laugh. Maybe he's great but you certainly blew him up 900% in your original post beyond what's real.

Quirky-Reveal-1669

1BTC=1BTC. That’s as low as it will go.

YoghurtMysterious736

Yes because at some point you’re not worried about BTC losses. Holding fiat, or anything based on the fiat system scares me more now.

Interesting_Loss_907

You need to learn how Bitcoin works. Put in some time. Watch videos. Read some good books (Internet of Money, The Bitcoin Standard, Mastering Bitcoin, etc). Transactions must be included in blocks to be on the blockchain. It’s a P2P network. If you relied on 3rd party companies to credit & debit accounts, you can so that now with fiat in banks. Why would you need BTC then? Put in the time, then you will understand why you would not be able to transact without any mining taking place.

skyfox437

I do not advocate anyone hurting themselves over money. But I feel you bro. I'm in Canada so at least I don't need to worry about medical bills bankrupting me. Still, it's hard to do the 7-3 grind. Best we can do is invest in our pensions and some etf funds, hoping that would be enough for our retirement. I got a big portion of my funds (not a large amount) in BTC already, so I don't want any more exposure.

TheRealGagman

trezor safe 7 - BTC version Get 10% off your first order. Copy the code below and apply it at checkout on orders of $49 or more. CBTA43 [https://trezor.io](https://trezor.io)

usedmattress85

Yeah thanks I’ve done it before. I don’t claim to know what BTC will do next week or next month, but think about it…it has a reliable 4 year cycle where it roughly tops 12-18 months post-halving and then bottoms roughly 12-18 months after the top. You don’t have to be Nostradamus to time the basics. Is BTC beginning to aggressively trend in a specific direction and how does that correlate to the timeframe of the halving? That’s it. I don’t time exact bottoms or tops. I buy **after it begins** to seriously move up, and I sell **after it begins** to move down. I catch probably 80% of the move. Trust me I’ve done it by HODLing before and this is waaaay more profitable and not difficult. If you find it hard just use a trailing indicator like Larsson Line or an imitation of that. (I personally do use LL) HODL sucks and I’m sorry that you have fallen for the HODL cult mentality here.

MakeItMine2024

That’s a LTC and BTC if they mated and had a child

epic_trader

>Long term value store narrative of bitcoin is understood well Is it though? What happens long term when block rewards are halved another 5 times and it's down to 0.1 BTC? What's going to pay for miners to secure the network? >Ethereum's value proposition always have a hard time to find serious real world adoption Ethereum has more Stablecoins, TVL, RWAs than any other blockchain. Ethereum has by far the most serious adoption of anything.

hashtag_ryebread

Dude you need to check your assumptions at the door, I'm not looking at 6 months for BTC, I'm not and never have been a holder of BTC. I don't care what happens to it. I'm saying its track record is *objectively* *nothing* compared to S&P 500 or gold, and it's a completely absurd comparison. You could hardly have picked worse, in fact. These are not even *similar to each other* except that they are both *proven* over the long term. BTC is specifically not proven over the long term. Of the two, it's most similar to gold in that the vast majority of its valuation is disconnected from its utility, but that is where the similarities end. Gold has been valued by humanity for literally thousands of years. So while its value is arbitrary and therefore vulnerable to people changing their minds about it, it at least has basically the most extensive track record possible of that not happening. BTC on the other hand has been valued by humanity for a handful of years and similarly, its utility justifies a much lower valuation than it currently has. But it's lack of an established track record mean it is fundamentally *far more vulnerable* than gold to humanity changing its mind and deciding it's not worth all that much. Does that mean it *will* go to 0? No. Does that mean it's high risk and a lot of people are vulnerable to being misled into bad investments by insane arguments like yours? Yeah. It does mean that. If you want to buy it, fine, idc, but when you make insane and misleading arguments about it like "well you do it with gold and S&P 500 why do you treat BTC different" yeah I have a problem with that. It would be weird to not have a problem with it because it's a such a stupid, batshit thing to say for an investment with a *fraction* as much history backing it up as gold or S&P 500.

el_rico_pavo_real

of all the BTC ETF’s my heart leans towards FBTC as they are OG Bitcoiners and self custody their own Corn.

harvested

How does he create a floor? Hodlrs create the floor. Saylor is not significant. 400,000 BTC have been purchased between $60,000 and $70,000 on this dip.

billybadassman

Watched the video. Dont recall him actually saying that. All I remember is him saying most of the selling came from the US. The whole point of the video is BTC that has achieved all its previous narratives getting integrated into Wall Street and everybody is moving to other ways to gamble and try to get rich. If there's no new hype narrative to look forward to...where are the all the newbies gonna come from to push up the price?

usedmattress85

You don’t have to short it to make money. You can make plenty by just not HODLing to the bottom every time. I sold everything at $110k and I’ll rebuy sometime later in the bear market. I didn’t sell at the exact top and I probably wont buy at the exact bottom, but I’ll most likely double my bag without even adding a dollar to the account. I know this because I’ve done it before and it’s not especially difficult with such a predictable asset that moves in strong cycles. FOMO is a disease and HODLing tells you that it’s the cure but all it’s doing is costing you opportunities. HODL makes money Buy/sell makes more money Buy/sell/short could make the most money but shorting can cost you money during a sideways chop. BTC will probably chop until it does a final dive around October. So I’d say ultimately buy/sell is still the optimal path

Double-Piece9576

Si tu barbero que más sabe de barba que de finanzas, vendió sus BTC, es momento de comprar más BTC.

defeater33

Long term BTC is doing best. but ETH has high voltility making buying low selling high once a year or less more profitable. While still perpetualy moving higher slowly.

davie18

95% of bitcoin that can be mined has already been mined. So even if no more was mined from today for whatever reason, I think it would maybe make the price spike short term but would have a relatively minor impact. However, as others have said, if people aren’t contributing computing power to the blockchain, then it completely stops functioning and thus BTC would be useless. So as prices of things like hardware goes up, this just means that transaction fees for cryptos will also have to go up to make it worth the while of people who are mining to make it profitable, which in turn makes cryptos worse, not better.

coinfeeds-bot

tldr; The Lightning Network, a Bitcoin-based payment system, is experiencing significant growth despite Bitcoin's stagnant price. In 2025, it processed 5.22 million transactions and over $1 billion in volume in a single month. The network's capacity reached 5,606 BTC, supported by over 220 active companies. User habits are shifting, with average payments increasing from $118 to $223 in a year. While experiments in micropayments for gaming and messaging have declined, the network's adoption by exchanges and institutions highlights its potential to revolutionize financial transactions. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

davie18

It’s more like trying to trade a stock when there is no way to be able to transfer that stock from one owner to another, because there are no exchanges or brokers or any way to be able to contact the owner/buyer and transfer the ownership of it. The thing is even if no more BTC was mined, I don’t think it will make a big difference on the price at this point as over 95% of bitcoin that is possible to ever be mined has already been mined. But the incentive for people to use their computing power to contribute to the network to be able to function will come in the form of transaction fees - which is already the case. Just transaction fees would have previously taken up a tiny proportion of their income, like 1%, whereas it’s now growing all the time and will eventually reach 100% of their income. Transaction fees can be very volatile though which is one of the reasons why BTC sucks as an actual currency, at least in its current state. Imagine you want to send a payment and one day it’ll cost you $1 and another day it could cost you $50. That doesn’t mean it doesn’t have its merits of being useful as a store of value, but personally I think it will remain just that rather than ever being used to pay for goods and services (I know *some* people will *occasionally* do this but it’s certainly a tiny percentage of BTC that is used for this purpose currently, and if anything is significantly lower now than it was 5-10 or more years ago).

pfftlolbrolollmao

If you had money in the S&P 500 in 2008 you would be crying. But it bounced back after a few YEARS!! BTC is in a bear market for 4 months and you are saying it's going to zero? I think S&P and gold are fine investments by the way. Not shitting on them. But I am a bit baffled by your confirmation bias. You are willing to zoom out to 100 years on the S&P but you aren't willing to zoom out passed 6 months on BTC? You want BTC to fail for some reason and are looking for reasons that support your hypothesis. Then while doing that you seem to enjoy trying to tell everyone else that disagrees with you stupid? Instead I suggest you look at the facts. Every 4 years BTC mining halves. Then about 6 months later we go into a bull run. Then approx 12-18 months after that we enter a bear market. We are in said bear market. A fact I knew was coming for 6 years and you are saying "see, look at this worthless thing, anyone who invests in it is a stupid meathead crypto bro" even though we have all known this was coming. We will have hit a new all time high by 2029. Then in 2030-31 there will be more posts on subs like this talking about how BTC is going to zero and desperately trying to discredit it. How do i know this? Because I was here last bear market talking to those without a clue explaining why it wasn't going to zero. If you don't like BTC then don't buy it. Move on. You're not a genius.

Available_Reindeer70

Goals! Well done. I'm currently doing a £750 weekly DCA. Upto 0.30 of BTC so far. Again, we'll done

Citizen_Kano

I've given up on everything except BTC

Rikarz

Salut, alors moi je ne suis pas un pro , j'ai juste un petit portefeuille qui grossit lentement depuis 10 ans environ mais ça fait bien plus longtemps que je connais la crypto, j'ai testé différentes stratégies, du trading pendant un moment et ce que j'ai constaté c'est que quand on est en BEAR market avec le BTC , tout le reste suis là tendance. Et tant que le BTC ne remonte pas , peu de projet vont être gagnant. J'ai commencé comme toi avec 100-200 € et vaut mieux investir dans 2 - 3 token max , plutôt que dans 10. Good luck

TiredofyourBSyo

Eth BTC, SOL, XRP is the most, i was putting it in a few other alts, but now, thats it.

TiredofyourBSyo

i put about 200 bucks a month in BTC, just keep it going

discoltk

It's like saying why don't the Native Americans just admit that the European way of life is better since they were either killed or forced to live on the worst land in reservations. (Though in your "bcash" vernacular I suppose you'd insist on calling them redskins.) Declaring climate change worries as FUD because we're not all underwater yet is similarly dismissive and ignorant. Bitcoin itself has lost a ton of momentum due to failure to realize it's purpose. Bitcoin Cash was unable to save BTC from itself, certainly with brain-dead trolls who never created anything in the space joining in on the hate and censorship that took place here. You don't seem very bright, and are a troll, so I'll leave you here.

Squirll

The fact anybody thought him saying he was "pro crypto" meant anything but he was going to try to get in on grifting with his own coin us beyond me. As soon as the election happened I transferred a large portion of my portfolio to PM's and ive doubled my money. Spent a little to buy some BTC dip and just holding the rest, but I feel like any public trust in crypto has been thoroughly exauhsted by the markets constant scam coins.

Downtown_Feedback665

I did something similar but with BTC like a sane person

Andrejzg

everyone needs BTC

Downtown_Feedback665

Or even more likely, most if not all projects not tied to institutional players die off, businesses put everything on chain anyway themselves, and use stablecoins to integrate to the legacy financial rails and transact all in USD as they always have but with the capability of being auditable and always on 24/7/365. Since the adoption of stablecoins id argue there’s little to no monetary gain to be made by any by retail in virtually every altcoin. BTC will likely always still exist as a deflationary monetary hedge, but eth, sol, dot, atom, ada, xrp etc etc never have to reach ATH again. Some cool projects still exist like peaq for robotics, but those are so niche that only blockchain nerds really even care, and they’re not being built for retail to make a quick buck and get out. The valuations of crypto are in the dot com era. Valuations ≠ Relevance or usefulness. Blockchain technology and DLT are here to stay. People becoming overnight millionaires and billionaires in crypto is a different story altogether.

Odd_Bar9513

I’ve had a decent amount of cryptos for some time now. At some point I changed all the other cryptos to BTC. Also have been buying a few grand every here and there, mostly recently.

anotherbrckinTH3Wall

That’s me. I’ll die before I sell. I don’t envisage BTC changing my life, but I can see it changing the life of my children.

NilNow

Sigh another AI post, likely from a bot, about why BTC is dead. I wonder what is really behind these.

AutoModerator

Post is by: ConsequenceFinal2873 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1raxele/why_the_uaes_454m_bitcoin_stash_isnt_the_dump/ Why the UAE's $454M Bitcoin stash isn't the dump risk you fear Everyone assumes miners are forced sellers. The narrative is usually that they have to dump constantly to pay for electricity and hardware. But the actual on-chain data coming out of the UAE paints a completely different picture. The United Arab Emirates has mined approximately $453.6M worth of $BTC through partnerships linked to Citadel. According to Arkham data, their last major sale was four months ago. Most of those coins haven't moved. If you strip out electricity costs, they are sitting on an estimated profit of $344M. They have nearly half a billion dollars they could liquidate right now, but they aren't touching it. This isn't a short-term cash grab. It looks like strategic accumulation. While retail traders panic over small moves, nation-states are quietly locking up the supply. Does a wealthy nation-state hoarding mined coins make you bullish on price or worried about centralization? *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.*

ConcernedPen15

I've been thinking about Saylor and his impact on BTC a lot lately. I agree that it can be problematic but lemme know what you guys think about this: I think he is a positive for BTC regardless of outcome, which there can only be 2: 1. He doesn't sell: he creates a floor for btc price and this helps stabilize the market and mature it 2. He does sell, and if you think he was bad then the problem solves itself and creates a buying opportunity in the process

Longjumping_Animal29

He doesn't know the difference between bitcoin and crypto. He used the same argument as that FT hit piece: BTC has "copy cats" that make it therefore purely speculative.

bgabel84

What is your thesis? Was it I am using crypto to get rich quick? If so yes sell and move on. If it's, BTC is a great store of value outside the control and manipulation of sick pedophilic government syncophants than yes keep buying. As a note, I am still buying! There are moments in history that require patience. Crypto is overthrowing the traditional financial regime and it is finally time.

KingAngeli

Dude BTC just dropped 50%. Something something falling knife

Rare_Rich6713

It’s quite possible, A lot of BTC are being staked on Babylon and the likes, looks like everyone is moving into BTC alone enough of alts.

Low-Tangelo-9721

True. I can’t cross a border with $50,000 in gold. But I can in BTC. Godspeed 🫡

m3lonfarmer

But BTC below 50k and wait.

Substantial_Sir1983

there is nothing about 1 BTC that is particularly more significant than .8 or 1.2.

Mysterious_Call_7184

Who cares? BTC promotes high time preference, which the modern world’s hasn’t figured it out yet.

breaking_stuff404

Study Kaspa \- Proof of work, no premine like BTC / 100% fair launch \- currently 10 blocks per second, will be at 100 bps within \~1 yr. \- L1 smart contracts being developed by core devs.

kgsphinx

You have to be smart to invest in BTC? False. You need some brains to understand it at more than a superficial level, maybe to hold it properly, that is “to be your own bank”, I might let you make a case for, but investing is almost too easy. Nay! Crypto morons abound!

Escapement_Watch

When BTC hit 126k everyone said 250-300k Same thing here but on the way down. I do think 45-50 is possible rho

Filmexec21

LOL!!! My dad is with me too, as he thinks I put way too much money into BTC. The thing that is funny is that I have been involved with BTC since 2020, and I am still in the green despite the current fall in price.

extrasauceontop1

I can’t sell my BTC since I lost it all in a boating accident

jlittle984

Selling owned BTC and shorting are 2 different things…

Salamander-Organics

Seems the narrative Is to create max fear. I'd say that has been achieved , has BTC bottomed? Maybe maybe not. Either way it's accumulation at these prices for me. Time is the next pain. Long periods of Time with no real price movement kills the spirit. Fear yes, pain not yet. More time at maybe lower $ to come. How long. ? 🤔🤷

supermanal

BTC and maybe ASTER

mrjune2040

Lmao if you think LocalBitcoins was always an easy and safe experience. You've got some serious rose tinted glasses on for a BTC nostalgia that never really existed.

electriccomputermilk

If so sure, are you shorting BTC? I have no idea where the price is headed next but if I was confident like you are, I’d take advantage of the knowledge and insight

CXavier4545

I’ve never put in more than I could afford to lose but that’s not to say if I lost that money it wouldn’t, tbh I’ve just been keeping it simple and go off the 4 yr cycle it hasn’t failed me yet I use a small percentage to play with shitcoins and majority BTC and a couple blue chips but this next cycle I’m just going more into BTC

NilNow

It’s ok actually - bullish AI slop is still bullish. I’ll take this over all the bots posting regurgitated “BTC is going to zero” slop

ItsRainingCoins77

Congrats! You hold more BTC now than 99% of individuals on earth will ever own. Your goal should not be to hold for 15 years as BTC should never be sold; you should borrowp against it in the future as the annual growth rate has consistently been higher than traditional loans interest rates. Do what the wealthy do: borrow against your asset/s, don’t sell your assets only to turn around and pay capital gains/taxes on that sale.

BlackberryPi7

Not BTC, but Trump has most likely killed any potential for an altseason in the near future. It's actually insane, he managed to literally **stop** altseason from happening this cycle. A "pro-crypto" President did that.

Guildish

IMHO all those named in the Epstein files are being "cancelled" in one way or another. Their jobs, position in society, contact network are all distancing themselves for fear of fallout infection. These "cancelled" names will now be forced to liquidate their own assets in order to pay lawyers and other bills to survive. They're no longer getting free rides. I do think this off-loading of assets will affect all markets since most of these people were/are highly leveraged. They tended to borrow significantly against assets, such as art, real estate, etc., gambled heavily on the market via options, naked shorting, yen carry trade, etc. Assets which have all experienced on-going price reversals. I expect cryptocurrency, especially BTC, will also be part of this sell-off and we're likely to see another round of price dips before the final take off.

pfftlolbrolollmao

BTC has behaved deflationary. If you bought as much bread milk and eggs with $50 and with $50 worth of bitcoin 10 years ago vs today. Every 4 years it halves and we enter rates above all time highs. Also it isn't intrinsically tied to USD we measure it in USD but in reality USD doesn't matter it just our way to compare apples with oranges. Otherwise we would be telling everyone that one BTC = one BTC which isn't very helpful. If you think bitcoin is volatile zoom out. Zoom out to 5 years at least. Every 4 years it breaks all time high and sets a new normal. Also those jumps are reducing. It is stabling and will continue to be deflationary for as long as we are alive. After that I don't know.

Silent_Gur6819

Didn’t you know that BTC stands for Barber Times the Crash?

Dom_Dastardly

Nice, you should be just fine long term. Don’t bottle it if BTC falls another 30%+ which is highly likely.

mookbrenner

I asked Anthropic and it was like "daaaaaaaaaaaammmmmmmnnnnn..... Fuckin' BTC hard!"