BTC

ClarkNova80

Who is regularly moving $200k on a Sunday, to where, and for what real world purpose? It’s a solution in search of a problem no one has. Let’s get technical because this is a fucking joke. Moving $200k “for $0.04” is not even a half truth. To off-ramp $200k BTC to fiat you need an exchange or OTC desk. On major exchanges: taker fees are ~0.10–0.40% ($200–$800). Slippage on a $200k market sell can easily add another 5–30 bps ($100–$600) unless you ladder limit orders over time. OTC desks typically charge 10–50 bps ($200–$1,000) plus spread. Fiat withdrawal fees are small, BUT banks are going to flag six-figure crypto proceeds for manual compliance, introducing T+1 to T+3 settlement delays or freezes. Prepare your hole. Rough net cost: $300–$1,500+, orders of magnitude larger than the on-chain fee.

djmikec

Would be dope if he shorted BTC in 2018 and is still shorting it lol

porenSpirit

BTC is from Hal Finney. It's possible Jack Dorsey contributed somehow, but Hal is the developer behind it. May he RIP

KrustyLemon

I sold at the peak, bought a house, went on a vacation with the wife and life is good. I've been restarting my DCA for my 2nd journey with BTC. Today is a good day!

TheHancock

He did, that’s why he’s pissed and shilling against BTC! Lol

Shop21DK

Just DCA 0.1 BTC every month and you will have a new ATH in 4 months.

KeeslerCondoChief

But what if it doesn’t and it’s never this low again? What will you do then? Complain that it’s too expensive? Or cry that you missed out and just not buy? It’s almost impossible to time the market on anything. Even if you are massively wealthy and are trying to manipulate the market, it’s just not possible to always buy at the bottom and sell at its peak. The good part about BTC though is that its peak is completely off the scale as nothing has ever been like BTC and nothing will. Its price is driven by scarcity, durability, as it is more fungible, more scarce, more divisible, more authenticatable, more verifiable than any other asset we have or any that has ever been in existence!

Middle_Canary194

I do not. I just want to see what the community thinks of this. I just ignorantly threw money at BTC and I never stopped to see if what I did was a good idea.

Hotplate77

Sorry mate.. many people (including myself) have been in this community for more than a decade. You are completely missing the mark if you think the goal is just to own a BTC. Bitter is an incorrect adjective here.. we just have little patience for posts that are copycat rookie comments. Please don't post if you are not able to handle criticism.

r4ckiezzz

I don't even want to imagine how many BTC you've accumulated over the years hahaha

r4ckiezzz

You're absolutely right, and it's not that I'm obsessed with having 1 BTC. The question was mostly out of curiosity and to hear about other people's experiences; you learn a lot from that. But you're right, my friend.

Braehole

Your down votes show how dumb the masses are, They still don’t understand the four year cycle and how to profit from it. Everything you said is spot on. Hold in the bull market first 1.5/2 years. I’m going to buy back at 70k and add if we go lower. I started buying BTC in 2017. 🔥🔥🔥

SevereArrivals13

Saylor having too much BTC is starting to become an issue too tbh

Happy_Discussion_536

I'm more of a BTC guy but can't they just exist side to side? AFAIK it's not really zero sum.

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Happy_Discussion_536

Lol. Even the most optimistic researchers think it will take decades. There's no solution at all for the interference and heat. Even in outerspace and a vacuum quantum will have interference issues. Do some research on why it's so difficult to scale quantum. But anyway noone intelligent believes quantum is coming soon, that won't determine BTC at all. We'll see in July though first pit stop.

r4ckiezzz

WHAT?! You had 8 and they stole from you? Damn, man, that really hurts. I was crying over a measly €600. Oh man, I hope you get lucky or something and get back to 8 BTC, which is what you deserve. Good luck, sir :)

110010010011

I’m just a dad living a fairly stress-free life now. Things are good. 42 is my age though, not my BTC balance. I peaked at half that but I’ve been selling the past few years to give myself a raise.

adilstilllooking

I was dumb. I had over 6 back in 2017/2018. Then bought a home back in 2020 which significantly emptied my savings/investments. Now I’m a whole coiner at an average of $90K. I bought lump sum. I look back and think what if but life happens. With the way inflation is going I’m just stacking each month now to get to my 2nd BTC. Dollar cost averaging is probably the best way to do it. Set aside an amount and buy consistently whether it up or down. In the long run, you’ll be way ahead.

FnAardvark

I'm not an expert in every company, so it would likely come down to how much the hedge fund in question trusts that company's ability to get that mNav closer to 1 instead of further from it. The way a hedge fund would lose money by buying MSTR and shorting bitcoin would be if MSTR continued to trade lower and lower to mNav. That gap getting wider would cost them. As long as MSTR is willing to buy back stocks, or in the absolute worst case, sell bitcoin, to keep mNav at 1, the hedge funds will profit off of arbitrage. Even if MSTR sells bitcoin and BTC price drops, they make money because they shorted BTC as a hedge.

Veganarchyst

Bitcoin has no top / Fiat has no bottom Exchanging BTC for any fiat transaction or purchase is going backwards with any progress you've made Unless you can purchase whatever it is you want with actual BTC, I think it's a bad trade Then again, I would borrow against the BTC (no taxes owed then) and use that money to buy what is wanted, while still keeping the Bitcoin

spacenavy90

Came here to say this. BTC = BTC

OnChainSpecter

People who obsess over “1 BTC” usually arrive late. The ones who stack quietly rarely talk numbers

Archophob

Assuming the USD does not suffer Zimbabwe-like hyperinflation, BTC wil hit 1 million USD no earlier than 2028 and no later than 2037.

inShambles3749

Yeah hate to break it to you. That fantasy cycle is just made up bs. Always has been Everything revolves around the halving and no it's not only a mechanism it's a cycle because the protocol adjusts difficulty do it happens every 4 years. More reliable than the price focused made up bull / bear cycle only because it coincided very roughly with the BTC halving after an delay.

23_skido-o

"people can still lose money on other things, therefore being mad that you can lose on BTC is wrong!" Outside ancap spaces, people tend to RANK risks and harms, which means time tested financial products look safer than some highly volatile continuing experiment

Particular_College59

1 full BTC is divisible by 100,000,000 satoshis aka sats. DCA what you can afford and don’t overthink it.

LordJamPunt

There will always be profit taking at every high because people with that much BTC make a fuckton of money on every little swing, this will make it difficult for bull runs to last longer than an afternoon

Plus_Touch_8746

I think that is the key point here, I think most of the original BTC is lost wallets and hard drives. That’s why it is not moving.

devCheckingIn

Saylor seemed genuinely surprised earlier this year when companies with a lot of cash on hand -- Apple, Nvidia, Microsoft, etc. -- chose not to invest that cash in BTC. heh

inShambles3749

BTC cycle never changed it got altered. Last halving was 2024 next one will be in 2028. It's the only cycle that ever existed. The halving

devCheckingIn

At least ETH still has a "story" behind it with all that crap about stablecoins and tokenization or whatever. Not sure if that plays out long-term but at least there's something there. BTC doesn't even have a narrative anymore.

watch-nerd

And if you are into that kind of thing, just buy a leveraged BTC ETF like BITX.

biba8163

The **SEC's mandate** is to protect investors in: 1. Investment of money 2. In a common enterprise 3. With an expectation of profits 4. Derived from the efforts of others **Crypto projects** — especially ICOs, pre-mine allocations, staking schemes, yield promises, roadmap-driven tokens **fall within the SEC's purview**: 1. Raising money from the public 2. Promising future development 3. Suggesting price appreciation 4. Showing a team whose efforts supposedly increase token value *ALMOST ALL of crypto are are at irrecoverable losses of 70-90% or worse over 4-year and 8-year spans because they are straight up scams, money grabs that are sham tokens, slow/fast rug pulls, make false promises, false statements, promote false use cases, steal investor funds, pump tokens with manipulation and undisclosed paid promotions, etc* **It is a testament to how dumb crypto investors are when 99.X% of all projects/coins in the space are at major irrecoverable losses where the founder/insiders/devs have made off rich like bandits but crypto bros think the SEC is the problem.** > **From December 2017 - ~99.5% of coins are at losses** > - 194 out of 200 coins listed on the 1st page are lower today than they were 8 years ago. > - Keep loading and scroll further... > - 1,792 out of ~1,800 coins listed are all at losses. MOST of these coins, you can't even sell at a loss because they are delisted on exchanges or there isn't any volume to sell without affecting the prices. > - *ONLY BTC and ETH from the top 25 are in profit.* > https://coinmarketcap.com/historical/20171231/ > **From November 2021 - ~99.8% of coins are at losses** > - 395 out of 400 coins listed on the 1st page are lower today than they were 4 years ago. > - Keep loading and scroll further... > - ~4,994 out of ~5,000+ coins listed are all at losses. > - *ONLY BTC, BNB and XRP from the top 25 are in profit* > https://coinmarketcap.com/historical/20211109/

duma0610

MSTR is much more volatile because it’s leveraged. BTC ETF is better for you if you’re not into that kind of thing.

No_Investigator3369

I just left a high end tech job. Thinking about some sales or sales engineer from here. But same. Stack hard. Bout to rollover ira to BTC

Itur_ad_Astra

Unlike BTC, ETH is a productive asset. Bitmine plans to stake it, and cover operating costs and pay dividends with the close to a hundred million $ in yearly profits their ETH makes. If on top of the above you take into account the fact that not only they have taken zero debt to buy the ETH, but they have spare fiat to buy more dips, why exactly would they be forced to sell?

r4ckiezzz

Sir, that friend who told you about getting into BTC and crypto isn't just a friend, he's a brother, hahaha. I hope everything goes well, and I think it's best to leave that to your family so the children can grow up with opportunities that not everyone had. It's a very wise decision. I hope everything goes well for you, sir. :)

Flimsy_Position4990

As of late 2025, the estimated energy required to mine a single bitcoin is approximately 535.6 MWh (megawatt-hours). Bitcoin blocks are found roughly every 10 minutes, at which point a miner is rewarded with 3.125 BTC plus transaction fees.  If you own 1 BTC = much MWh. We are still early….

r4ckiezzz

I'm so sorry to hear that, my friend. The best thing you can do is have faith and keep going, save up, and leave some good BTC for your children. You can do it, I believe in you, sir :)

Exciting_Bird_1335

24 here, and worked overtime to get ahead for a year or two and then when had a back-up fund would put my whole months pay check in BTC no matter the cost.Still add to it overtime now aswell 👌🏻

MythicMango

"financial Armageddon" is not the use case for Bitcoin. Financial sovereignty is. If USD goes bad, BTC will give you the most flexibility to cash out in whatever social currency you want.

DryMyBottom

I also pooped twice and BTC pumped a little.... coincidence?

Miserable_Concept409

Many people I know have invested their last money in BTC even though they could never afford it. They check the price every 10 minutes and panic. It's much more relaxed to hold BTC and accumulate it rather than checking your wallet or the price every day.

crypto_enjoyer88

Hey. If you guys are from the EU use this code B283F41654 on bitvavo. You will get 50 euros worth of BTC only after registering and doing the kyc process. And i will get a little bonus of it aswell. Dont forget to paste the code B283F41654. You will get asked for the code when registering. Have a good one

crypto_enjoyer88

Hey. If you guys are from the EU use this code B283F41654 on bitvavo. You will get 50 euros worth of BTC only after registering and doing the kyc process. And i will get a little bonus of it aswell. Dont forget to paste the code B283F41654. You will get asked for the code when registering. Have a good one

Numerous-Kitchen-774

Your thought is wrong. There is no way to do this. Go look at the source code yourself. There isn't some magical "Delete BTC" function that any single or group of entities can use to wipe any amount of bitcoin from any wallet whatsoever. That's the ENTIRE reason bitcoin is so valuable in the first place.

SpontaneousDream

Cut your losses. The only coin worth actually holding as an "investment" is BTC. The rest are essentially penny stocks, but worse. Alts can bleed out much lower for much longer.

lukypunchy

I think you'll do alright with MSTR, eventually. It'll be exaggerated movement, from this-ish point onward when compared to BTC but will be in the same direction.

NoAd7400

Ironic that one of the largest BTC evangelists is measuring it’s superiority it in dollars.

watch-nerd

Okay, but why not buy IBIT or a different BTC ETF?

ConsciousSkyy

Need more info. What did you buy and at what prices? Because buying and holding BTC for three years is one thing, and I would tell you to sit tight and hold…but buying something else could be far worse

Django_McFly

SOL went from $10 in the bear to $300 and people are talking about alts have done nothing. Plenty of tokens didn't make new ATH in 2021. You thought you were buying the next BTC. Turns out it was the next XNO or EOS.

nerdburg

I'm in my mid 50's. The answer is that I bought BTC when it was way less expensive. As long as I'm in the labor force, I will continue to DCA tho. Right now, my BTC holdings are greater than my 401K, which is pretty awesome. Essentially I DCA and buy some extra when the price dips. The key is to just buy it and HODL.

Azatis-

Not much to talk about. Retailers still lack confidence. Influencers have been trying hard for the last year or so to convince retailers that alt season is coming soon. Institutions are still playing the BTC game, and the world is waiting to see what Trump might say next before making the next move.

Ill_Job4090

You know, I am invested in BTC, but if the best use case you can find is completely irrelevant for 99,9% of people, thats a bit concerning.

Pinetree1_1

Took me 5 years. High school dropout. Mid 30s. Sole provider. Big family. Young kids. No money from mommy or daddy. Family and friends laughed when I found BTC. So I shut up and learned. Quietly stacking sats. DCA’ing. Conviction grew. Then I realized belief doesn’t pay bills — income does. Moved into commission sales. Uncapped upside. Read every sales book. Listened to every podcast. Tried everything. Failed a lot. Kept going. Now I’m up at 4am. Every day. Two hours before anyone else is awake. Sales. Money. Bitcoin. Investing. Not easy. Never was. Still isn’t. Helped grow the company. Became a partner. Stack sats hard. Built a small real estate portfolio that cash flows. Cash flow goes where? BTC.

Open_Bluebird_6902

Buy BTC on prolonged bear markets and hold or fixed amounts monthly

LovelyDayHere

Saylor knows that nobody can work for BTC as BTC can only do a ridiculously small amount of settlement transaction per time period, and is [no longer useful as a means of payment](https://www.hijackingbitcoin.com/).

Signal-Accountant-33

But in most of our lifetime's at least, BTC isn't the main currency. You want to buy most things you need cash money if not cash credit.

Signal-Accountant-33

My statement was simply "why put all your money into BTC and then die before you use any of it". I meant precisely what I sid with no hidden meaning. Not everyone has family. Not everyone has the need to pass wealth down due to existing wealth in the family. And if your family are, say, poor and you're amassing all this, why not help them before you die? I get holding but I also don't get holding and never actually seeing any benefits of doing so. I refuse to believe everyone's doing this "for other people" lol.

Amber_Sam

Good guess and many people used to say one block reward (something that was pretty laughable in the early days) will be enough but the 6.15 is, like many things in Bitcoin, based on a 2019 meme. It started by the Twitter persona known as AmericanHodl. It was in response to this tweet from CZ of Bincance. He suggested that owning just 1 BTC would place someone in the top 0.3% richest people in Bitcoin terms. https://twitter.com/cz_binance/status/1165533865554804739?s=21 The response was that “If you own 6.15 BTC, you are guaranteed to get eternal riches and big titty bitches.”

Kind_Soup_9753

Hopefully everyone saw the video where Schiff couldn’t confirm if gold handed to him was real. BTC solves this and he worried.

Amber_Sam

6.15 is a 2019 meme. It started by the Twitter persona known as AmericanHodl. It was in response to this tweet from CZ of Bincance. He suggested that owning just 1 BTC would place someone in the top 0.3% richest people in Bitcoin terms. https://twitter.com/cz_binance/status/1165533865554804739?s=21 The response was that “If you own 6.15 BTC, you are guaranteed to get eternal riches and big titty bitches.”

partymsl

For now… BTC bull will have an attempt next to bury that cycle once and for all.

SokarTheGrateful

Lmao, its a joke regard relax. I use BTC monthly and have no issues.

Sea-Development-8046

I have .76 BTC. I have been buying the dips over the past year. Cost basis is currently about 89k

ellipticKurve256k1

Bitcoin txn cannot be rejected as long as it does not violate the consensus rules \>Fact is that Saylor’s statement is not true. can be true, because similar vast amount of transfer just happened just now(0.9 BTC transfer, fee $1.48), and has been happening (https://mempool.space/tx/518a563fbe8214145030555f2415cfbc8d134fe0b93af8bfe28c2bfec7bb39ba)

baIIern

I think BTC will finish its bear flag today. If I was a trader, I'd open shorts rn

SokarTheGrateful

So, BTC isnt user friendly then?

Look_Up_Here

Bought a small amount in 2020 when BTC fell below $10k, a little more in 2021 when it fell back below $20k, and that brought me to about half a BTC. Since then I have bought at random pullbacks to get to a full BTC last month, buying my last piece at about $86k.

Beautiful-Current-59

Based off the charts I see Bitcoin stagnating in the next 5 to 10 years at around 500k and I think it's going to hover around that point for a long time. Where it goes from that point I have no idea nor do I have a crystal ball. I think a lot of the delusion comes from people that own probably 0.01 thinking that somehow magically That's going to be worth millions. I have been holding BTC since 2016, I will definitely say that that has changed my life for the better. However I'm not going to sit here and pretend that there will not be another opportunity for something better by the time I have great grandchildren.

asselfoley

Hey, op, these dumbasses have a point. Be careful out there, but Squid is legit. Take now though, it will probably say the estimated time is "about an hour" when swapping BTC. That's because of BTC block times. Try swapping AVAX for POL or something like that, and it's a couple seconds. Don't let the ignorant scare you off. It's exactly what you're looking for, but DYOR

Whalex84

Sounds like this helmet wants BTC to go to 0 and has a way of doing it.... So fucking do it then you gimp

enderfx

Again, you said “BTC is limited to the BTC network, how is this different?” If you cannot see how my reply is connected to that, well… not my problem

PatMu5tard

In a few weeks maybe, after BTC has dumped further

tenor_tymir

What has any of this do with anything? Saylor said only BTC could be sent on a sunday for very cheap. That’s wrong. SEPA can do the same, for free. That’s it.

tenor_tymir

Not sure what we’re arguing anyways. Saylor said that BTC was the only one which isn’t true. You can use SEPA to transfer funds for free on a Sunday. That’s it. Anything else is artificially broadening the topic to be right about something that wasn’t even up for discussion.

Grand-Affect5541

Better leave something for Bill's and Groceries. BTC will go up and down and grow more

Maddcapp

I have no doubt MSTR will go back up when BTC does. Just hold and forget. 

Der_Da35

I really don't know, why Schiff is even mentioned. He hates crypto, we get it. Well, at least he says so, but he still sells gold for BTC at his page.

enderfx

No, you said that BTC was restricted to the BTC network and asked how it is different, and they are replying to you. - If I am in Mogadisciu and open a bank account with a local bank (requiring me to go in person, provide my ID, possibly pay fees, and wait several days to get a debit/credit card) - If I am in Mogadisciu and create a Bitcoin wallet, it takes less than 5 minutes and I am setup. When I make/receive a transfer: - The bank is going to check whether they allow the origin or destination bank. Most likely (at least in my bank in Germany and Spain) I need to pay extra for an instant transfer. And a regular transfer will not go in during weekends. If I want to transfer 200000 there is no way I can do that unless I provide my bank with additional information. When I bought my car, and needed to pay/transfer 14000€, I had to do it in person, from 9 to 2pm, at one of the bank offices. - With BTC, nobody is going to check anything. I can make the transfer from home while having a coffee. I can even send money to a wallet that potentially “does not exist yet”. Of course, both sides are biased. On the crypto side, there is still a big technical barrier to understand and profuciently use the system. If you don’t double-check, you can just lose your funds and no entity can help you revert that. You can lock yourself out of your wallet, forever, too. The network is slow AF and it only works with small fees and high speed via sidechains and other systems, which - as has been stated - can take several days to settle. But the truth is, on a good day, and if the UX is simpler and settlement is quick (or you don’t care), you can indeed send 200k$ with under $1 fees, no questions asked, while preparing a coffee.

tenor_tymir

And? That’s wasn’t even the question/statement. Saylor said BTC was the *only* one who could do that. That’s just not true. SEPA can do it as well.

DryMyBottom

I'm more interested in the BTC higher lows

tenor_tymir

And? You still can’t send it to someone who has no BTC wallet. But again, that wasn’t the question and the statement by Saylor is still wrong.

tenor_tymir

BTC transactions can last weeks and even get rejected by the network. But let’s not talk semantics here. Fact is that Saylor’s statement is not true.

Dustin_Higgins

No kidding. Same here! Nothing has out performed BTC so it makes sense to get into regardless of a chart

MuXu96

But a BTC receiver can be created anywhere at anytime from anyone in this world to receive it?. Your making it too easy for yourself

tenor_tymir

BTC is limited to the BTC network, how is this different? Both system have pros and cons. I’m not saying that SEPA is superior, i’m simply against posting blank statements that aren’t true.

tenor_tymir

OP doesn’t know how BTC works, is all. While it’s true that UTXO management can keep costs low for future transfers, it‘s mostly simply how congested the network is that determines the cost of a transfer. You can look up www.mempool.space to look up how cheap/expensive current transactions are and yes, sometimes it’s cheaper if you waited a day or two.

MuXu96

No it means you probably sent 15k$ worth of BTC from multiple wallets alias utxo's. You didn't know what you were doing. It's bad UX that many wallets don't try to keep utxo's small but yeah, at the end it's you who can consolidate on fewer utxo's. Of you dca buy like every month or every week you can have 12 or 52 utxo wallets from which your 15k$ amount is built from.

Puzzleheaded-Dot-762

Im still up from my initial investment and I think MSTR will go back up Ina few years so I'm not worried. 4 days ago I started buying 10 dollars of BTC everyday and I plan on doing so for the next 5 years. I also plan on buying 1-2k worth after every major dip 

Green_Candler

His associates with BTC post to gain relevance....

r4ckiezzz

Well, the price you entered at is too good, sir, and of course, BTC would have to die for you to lose money, hahaha. Anyway, it never hurts to do DCA, or at least that's what I think. I suppose it's a mediocre thought since I'm young and ambitious, but oh well, I hope it goes well for you, sir.

OutsideWishbone7

Bought 1 BTC in 3 purchases in 2018. Total cost was $5000. Held it ever since. So I just sit with it. It’ll take quite the drop for me to lose money. I have a bunch of other cryptos. I just wanted one of each of the big ones at the time. Never bothered DCA ing since.

Dziabadu

With all due respect, your question is meaningless. All depends on when one starts and if holds forever. Few months before I started bitcoining I bought my "dream suv car" for 42 BTC worth (took a car loan). It's stupid but one has to do some stupid things to feel alive. If you're financially stable it's good idea to put any social benefits into investments eg like Bitcoin or gold or stocks so if you loose the source due to political decisions it does not matter for your everyday life. In 2016 everyone got child money from gov in Poland. If I knew BTC I could get 0.5 BTC for first payment. Now it totals shy of 4BTC if I put everything in. But it's kinda reckless to think hindsight.

Puzzleheaded-Dot-762

Decided it was safer to buy mstr instead of BTC because of crypto scam. I had more in MSTR than 1 BTC at one point. I thought about selling all of my mstr to buy BTC but I didn't do it because of taxes.....now I regret it.  

Substantial_Fig8898

It’s mostly an expression of how delusional people in the Bitcoin bubble are. For some people it’s become a religious ideology and they spent a lot of time in subreddits like this. My favorite people are the ones calling for sudden explosion to value X in a year, yet buying out of money call options and rolling them over every year would be a much better vehicle than dumping a significant amount of your money in BTC. Just buy as much as your commitment allows and spend it or sell it for something else as you see fit. It has solid fundamentals but it’s nothing to worship.

r4ckiezzz

Wow, 2 BTC! That's crazy! I'm so happy for you, sir, and I hope your children do just as well (they're so lucky to have a father who gives them such a great opportunity).

Successful_Ad_380

Let's be honest. Almost everyone believed october, november and certainly december would have been good months for BTC. I've read so many bullish posts during that time. If I'm taking all those posts as a metric and seeing how bearish this space is now - I would say that we're getting an amazing 2026. No one knows shit and I've been here for some time now: I mean no one.