BTC

Ha55aN1337

Yet, BTC is going up lol

Octavio_belise

For my business expenses I pay my VPN in BTC but I just use the dollar equivilant. Way more cleaner on the books.

tenor_tymir

Unstoppable is a shitcoin wallet of massive proportions. Stick to BTC-only wallets like Blue Wallet for example. They have a smaller attack surface due to lesser code.,

Generationhodl

I used a DCA Calculator. 1k invested every month. Started exactly 5 years ago until today: BTC Return: +78.22% SPY Return: +48.64% So every person that would run a DCA , as you do for longterm investing, you would be better off with btc.

ReferenceBright

I remember I heard about BTC back in 2013 from a friend and it was the coolest thing ever for me at that time. And I was not even 21. I'm pretty sure there are still people like that.

FollowAstacio

Okay now I’m genuinely confused bc you said bitcoin and BTC are two different things and that black rock owns BTC and controls the mining. That’s when when I said I thought we were talking about bitcoin and you said we were. So see where my confusion is coming from?

Jumpy-Imagination-81

>Jewelery is "doing nothing". That's your opinion. The millions of people around the world and throughout history who find joy in wearing gold jewelry disagree with you. >The other 90% is melted into heavy bricks and locked in underground vaults doing absolutely nothing. lol. Not even close. >Besides, the "tech argument" falls very short, as gold has value since times nobody even knows what an electron was. That's just a newer use for gold in addition to its traditional uses in jewelry, medicine, and dentistry. But if other metals like silver or copper or chromium could do a better job where gold is used in electronics they would be used. All of them are less expensive then gold. Engineers aren't stupid. Even though gold is more expensive than those other metals the engineers specify gold despite gold's higher cost because it is just superior for those particular applications. >You need to understand the paradox of value; if someone starts to hoard real usefull things, society collapses or enters survival mode. So gold and BTC suits perfectly for hoarding, nobody needs any of them. People don't "need" anything beyond water, food, shelter, clothing, and maybe medicine. But civilizations around the world since ancient times independently found uses for gold. The world is still trying to find real world uses for crypto beyond illegal activities and speculation.

Acrobatic_Local_9949

Rates staying flat is not bullish if everyone already expected it. Having BTC and traditional markets side by side on Moon.com helps show whether the selling is crypto-only or part of a wider risk-off move.

Several_Razzmatazz71

Again, you haven't explained anything of substance. You said "The fundamentals of BTC make it unique, very different from the world of shitcoins" What fundamentals?

Weekend_Actual

It doesn’t have a blacklist but regulation at the exchange level has made using BTC as an illegal source of funds pretty dumb at this point. It’s the right balance of censorship resistance at the currency level while regulation at the infrastructure level

Weekend_Actual

Honestly the way the price of BTC barely dumped is a testament to Binance and the industry containing the issue and backing up the funds. A few years ago this could have dumped the market 30%

SirArthurPT

Jewelery is "doing nothing". Hoarding as an ornament.  Besides, the "tech argument" falls very short, as gold has value since times nobody even knows what an electron was.  You need to understand the paradox of value; if someone starts to hoard real usefull things, society collapses. So gold and BTC suits perfectly for hoarding, nobody needs any of them. 

jtyrhe

Until there’s legit clarification and rules, you handle it(in the US), as either capital gains or losses- hopefully you have a way to download your transactions- which should include the date and time of disposition. I use cointracker, but Koinly and I’m sure others, are popular. The way I do it, is to use the cointracker template csv, and paste the matching columns into it. If you associate all related wallets, it should be able to track your cost basis, and will use HIFO accounting for your capital gains. Hopefully soon there will be better rules,and a more automated aspect. As a BTC maxi myself, who earns and spends on 95% of our household expenses- I’m definitely ready, and I think it will get better soon.

Several_Razzmatazz71

That just sounds like dogma, if you can't cogently explain it, then I suspect you don't understand it. Blockchain technology is not the same as BTC.

MrMoo151515

That’s perfectly fine and I think diversifying your BTC exposure is best. IMO the majority of your ownership should be in self custody. Leave some on a reputable exchange. And maybe grab some ETFs or BTC treasuries. Don’t do the bare minimum with self custody. Every self custody hack was due to bare minimum security.

Rydog_78

Financed was hacked for over 4 billion earlier this week. On the news, BTC dropped under 80k for the first time in a while.

Feralz2

Bitcoin is not BTC, understand that, the blockchain is not whats being traded. BlackRock owns not only a huge amount of BTC coins, but they have a huge control on the blockchain which is more concerning.

Charnia570

Not sure why the downvotes. If he used a bank he would still have the 70k. I'm all for BTC but unfortunatley if you won't put in the effort to educate yourself fully about private key creation and security then you really are better off in an exchange, bank, or ETF. BTC is not user friendly yet.

cryptokeyhole

That's what made the delays so nasty. Difficulty rose about 50x between January and October 2013, so a 5 GH/s box went from about 0.84 BTC a day to about 0.017. A week of "testing" in early April would've made about 2.6 BTC, while running it nonstop from that October to today would only add up to about 0.74.

songbolt

Was it the biggest in history evaluated in BTC regardless of USD?

Unlock_Pulse

Worth checking the unlock size against circulating supply, not the dollar amount. Historically the ones above \~10% of float tended to underperform BTC in the week before. Not advice, just how I size them.

GoingUpForever

Withdrawals are now enabled, i was able to withdraw BTC to my cold Wallet, thanks god lol.

Interesting_Loss_907

I know what you mean, & you’re not entirely wrong (at least in the point you’re making), but to be fair, if you bought BTC four years ago and did nothing but hold it, you would still be up 5X, and that’s far better than inflation, and also better than the S&P 500. But would agree with your main point: you can no longer hold for just 1-2 cycles and get those wild returns that were possible if you bought 10 years ago and held.

Several_Razzmatazz71

I don't see how BTC passes the Howie Test; BTC, in and of itself, wouldn't constitute an investment contract for some productive use. BTC is a cryptocurrency (crypto); it's a digital form of money that uses cryptography. "Bitcoin is money, with the monetary properties of a commodity, without any physical properties that inhibit commodities from providing the rapid final settlement that global trade based upon an instant communication network needs." Yes, it's a form of private money, issued by non-governmental parties. In principle, altcoins and the creation of new cryptocurrencies are also private money. "Bitcoin will be here in a thousand years because it's immutable, where as every other cryptocurrency will have disappeared in this century, or this decade, or this year." Any form of money is inherently useful when it's used amongst people for economic transactions. Money is a human construct, BTC having this property that it will exist after humanity, is pointless.

IM_YOUR_GOD

AI will exploit crypto and drive the price down very low. Record this post its already in the works. 2 years from now BTC will be $1200

jkl2035

There Are quantum Secure Algorithms - some projects already use them, path is to migrate the existing projects (See BIP360/361 for BTC, ETH quantum roadmap), my worry is that some of the projects are not fast enough. Quantum is currently speeding up on all sides - algorithms, Hardware & design (I just found ecdsa.fail a few months ago & really freaky how this moved since then)

AnyStatistician2535

I'm not a Bitcoin maxi, BTC is only a small portion (10-15% usually) of a diversified portfolio for me. And I am OK with the risk. Bitcoin has always had these risks, I have always been fully aware of them. I keep it because it provides very good risk-adjusted returns, and I have found that it further improves my overall portfolio because of relatively low correlations with other asset classes.

StayAccomplished4980

如果量子技术可以破解BTC，那是不是银行的账户更容易被破解？

amarukhan

Nothing will change. Binance got hacked for 7000 BTC in 2019 as a new exchange and they still survived. https://thehackernews.com/2019/05/binance-cryptocurrency-hacked.html?m=1

AttentionLanky94

Store BTC in your ass.

read_more_comments

You can transfer BTC into fidelity for custody, should be safer than crypto exchanges.

Hitchie_Rawtin

> The first technologies to accelerate will be the ones that have the biggest financial payouts. There's no short or long term financial payout except for whoever fixes the issue and wins that race. If BTC's encryption is broken, EVERYTHING has its encryption broken, and now everything digitised is valueless. All money, all records, all private information. What will the thieves be accumulating/stealing? Assets nobody wants any more. It'll cause chaos but the payout won't be "oh well I guess these guys have all the money and information and nuclear codes, we should...give them more of the money we don't really have any more"

These_Application531

The fundamentals of BTC make it unique, very different from the world of shitcoins

tenor_tymir

That’s a bad idea: by keeping half on the exchange, you’re signing away your right to access the coins whenever you want. In case of a hack, you lose control, and that’s not something we want. Try it this way: Keep most of it on a secured hardware wallet. Deploy a reputable hot wallet like Blue Wallet or Blockstream BTC Wallet and park any coins there you’d like to trade. Send from hot wallet to exchange, trade and send back directly to cold wallet if you want to send them to sleep entirely, or send back to hot wallet in order to maintain sovereignty over your coins but also have them handy for whatever **you** want to do with them.

Ginux

To be honest, I don't trust any CEX, and I don't trust most hardware wallets. But because I sometimes have to deal with the real financial world, I've set up accounts with licensed CEXs in different countries. This means that when I'm living locally, I can sell a small amount of my reserves to get the necessary fiat. I have several things I look for when choosing a CEX. I won't go into all of them here, but 2 points are particularly important: first, it must have a clean track record, and second, it must not be backed by Chinese entities. I have never used Binance for these reasons. Yes, I have accounts on Binance in a few countries, but only as a backup in case I need them. Because of this, I haven't completed the KYC process or any other procedures. I think Binance did the right thing, but I still won't use this exchange. Actually, I'm using CEXs less and less. I have converted some of my assets into bank assets regulated in Switzerland and Singapore. I use these for conventional financial investments and real-economy investments. Now, I rarely need to sell any of my digital assets. Instead, I use some of the money I earn from investing to keep buying more BTC. Do I trust banks? No, just as I don’t trust CEXs. But I have to survive in this environment and keep moving forward. Everyone has to make their own trade-offs, that's what financial sovereignty means.

Charlieboy1986

What will happen to the stolen BTC? Will it be marked ar tracked and end up not able to be sold or did it go through a mixer and disappear?

Sin-City-Sinner

They will be bored when your on your yacht! I’m 47, and OH BOY do I wish I was 21 just starting out investing, if I listened to a friend in 2010-ish I would have got into BTC super early and he made off with a cool million dollars and i believe only invested $500, well I know i would NOT have held onto it once it became so valuable, not knowing how high it actually went and will go. BUT, at least I would have got into crypto back then, I feel like now that’s its main steam and there are governments involved, it’s just not the same as it was and omg I’ve made, and wasted SOOOOOO Much money in my life, I know I know have made a fortune because I had a lot more capital to invest than most, especially back then. Idk if talking to other people your age is going to do….. something for you or not but your better off talking to the older people, the OGs, you’ll learn more as long as you don’t listen to the wrong person, lotta people wanna see you lose especially online so be careful! ✌️ 🐶 😂

Arphinator

Quite a schizophrenic outcome no? \- BTC : you didn’t loose money. Your BTC only changed owner. When crying, remember to do better being your own bank \- stablecoins : blocked transactions like any decent human being would expect. Alas, it also shows how centralised it is and that you’ll never be as free as BTC promises you to be.

Gareth_loves_dogs

Absolutely, and I think Saylor hits a particularly relatable frequency with me personally, as I'm a Construction Site Engineer. I think like an engineer, I work as an engineer everyday and I found him extremely captivating listening to a man with a engineer brain and personality describe monetary policy, sound money, the Fiat system and so on. I cannot stop thinking about bitcoin since pretty much September 2025, every hour of everyday - my brain gives me new ways to legitimise bitcoin and how it will improve humanity. I think it was all correct timing for me, since shortly before covid I had been self teaching myself on traditional investing, but I didn't understand Fiat or monetary policy. I had been buying S&P500, tech stocks and I had built up ~£34,000 in 4 years investing. I sold 100% of my stocks, cleared my ISA (UK), sold my AMD stocks in February at ~$270 which I had bought at $70, for them to go to over $550 a few months later 🤣 But my conviction in Bitcoin was 100%, and I wanted out of stocks as I seen the other side. I've built my stack to 0.77BTC since starting in November 2025, and my plan is 1.0, 2.0BTC and see how we're doing then.

yaxiba

I felt if Binance went donw BTC will moon again

Lost-Do73

What about the BTC praque environment? Thought this were a bunch of young(er) guys working on it? Maybe just online talks but better as nothing, IMO ✌️ Also younger podcasters ….

No_Canary_5479

As someone who is admittedly a recovering bitcoin fan, I would internalize your observation when considering whether or not investing in BTC worthwhile. Personally, I think you're observing something important.

C-Dull

It’s also down 97% against BTC

MackinCeleBrini

lol pick a different year to make this claim. After 2020, aka 2021-2026, if everyone sold all BTC they picked up 2021-2026 they would be able to buy the exact same stuff they didn't buy when buying BTC instead. Wild absolutely wild wealth accumulation by BTC holders until half a decade ago. The last half decade it's just transfers between holders on net. Although I still expect the cycle to continue one more time so exits exist aplenty when it's sitting >150k in a couple years. The likely last run of interest given we've fallen from nearly infinite growth, to wow I'm rich, to +2.5x, to +0.9x, to what will probably be around +0.6x (hopefully, if folks don't mass exit on expected future growth issues) ... what comes after doesn't really do much. Hold another decade, buy an index fund. Whatever. The get rich quick days finished, now your picking BTC the same way you might pick an individual stock.

Bluejumprabbit

Watch perp funding into the reopen, if the market expects a withdrawal rush the funding on BNB and BTC perps tends to flip negative as shorts stack ahead of it. You can take the other side of that funding skew directly as a spread on Boros so you're not forced to call the spot direction.

Bluejumprabbit

The freeze only reached the USDT and USDC legs because both issuers hold a blocklist function in the contract, Tether killed $1.5B and Circle $800M. The $3.3B that left as BTC and native assets is gone for good, which is the same bearer property people cheer for until it works against them.

cocacola0102

Read the prospectus of Blackrock and Fidelity. If they (or their custodian) gets hacked, they don't eat the loss, YOU do. It's not any safer than having your funds on an exchange. Blackrock literally uses coinbase to custody their BTC lol.

GEB82

Secret BTC wallets?…that must be a new thing I’m unaware of…ETH secret wallets, also, news to me buddy..

gihkal

It is though. There are countless articles and quality conversations on the matter. Iv been saying this since tether gained popularity. I believed their fake holdings were going to corrupt BTC. But then Asics and core pretty much destroyed its purpose. Anyway. Good luck with the centralized and miner profit focused coin maxis.

AnalystKeishaTrades

BTC was created in 2008 by nakamoto as a peer-to-peer electronic cash system that lets people send value directly to each other without banks or other trusted middlemen. It was designed mainly as a response to the 2008 financial crisis and the risks of centralized money systems such as inflation,censorship,bank failures,and reliance on intermediaries. Decentralized and censorship resistant (no single authority controls it,Fixed supply of 21 million coins (harder to inflate),Borderless and relatively low-cost transfer,User control of funds via private keys (financial sovereignty),Transparent,verifiable transactions on a public blockchain In conclusion:it’s digital money that works more like cash, but online and without banks.

SenatorAstronomer

Money in most banks is insured though.   Keeping your BTC in a cold storage wallet isn't like keeping cash under the mattress though. 

Alexander-305

Honestly that pattern makes sense to me, and I don't think it's coincidence. When people dump alts they usually want lower volatility without the hassle of an off-ramp, and anything that stays on-chain but isn't priced every second by a 24/7 market feels like shelter. The catch I'd look at in your data is liquidity on the way out. A token tied to real estate or a startup can look calm mostly because it barely trades, and that calm can be misleading. If people can't sell or redeem quickly when crypto rebounds, a lot of that "stability" is really just being locked in 🤔 I'd also check whether the same wallets rotate back into BTC or alts once the market recovers. If they do, it's mostly parking. If the money stays put, that's real demand for the asset itself.

Supremo_bean

Just go all in and sell when you think you've made enough. I'm in my second cycle now. I won't sell till BTC reaches $250k USD. I have gone from 95k BTC --> 20kBTC and a $187K BTC --> $69k BTC (in Aussie dollars). But it always goes back up and we go high! Ride the wave baby!

Fluid_Garden8512

>Everyone could withdraw, but everyone won’t withdraw If you had all your BTC on binance and didn't withdraw when able to that would be insane. Has nothing taught you anything since FTX in being that last to withdraw?

DaleAguaAlMono

1. It will, but governments will more and more try to convince you that using "cash" is only for narcos and fraudters. 2. I don't know; I'm not so sure that countries won't try to make use or custody of BTC more and more difficult as soon as they have their CBDCs up and running...

TexFarmer

TLDR BTC was developed to be trustless money.

Wise_Loquat7801

You weren't the only one. Your 0.8749 BTC was merged with 5.19 BTC from 19 other addresses into a single output, and that output went straight into KuCoin's hot wallet — a KYC exchange. Whoever took it accepted that a stranger's ledger now knows their name. There are 108 BTC sitting in that wallet as I write this, and 347,091 BTC have passed through it over its life. Your crumbs are in there with everyone else's. He paid 0 sats of fee. You paid 9,874. The chain, for the record: Theft: [https://mempool.space/tx/5ba8a07d7deb2cd7c12cac128336ca356d6eb866f46f03cda0f86796906d4d73](https://mempool.space/tx/5ba8a07d7deb2cd7c12cac128336ca356d6eb866f46f03cda0f86796906d4d73) Attacker: [https://mempool.space/address/bc1qzla0gkvtr6aqpfa8m24lvucx36evt8e8tu6537](https://mempool.space/address/bc1qzla0gkvtr6aqpfa8m24lvucx36evt8e8tu6537) Mix with his own coin: [https://mempool.space/tx/e4892902b0225e5b9e9ba08a1b062f4f813e6a3517c6c46ec45a46eddec1e501](https://mempool.space/tx/e4892902b0225e5b9e9ba08a1b062f4f813e6a3517c6c46ec45a46eddec1e501) Consolidation into KuCoin: [https://mempool.space/tx/96331d966c34300ab16a37ca05dd5eab3bfc57de2e776025c933d9faf37a5236](https://mempool.space/tx/96331d966c34300ab16a37ca05dd5eab3bfc57de2e776025c933d9faf37a5236) KuCoin hot wallet: [https://mempool.space/address/bc1q9wvygkq7h9xgcp59mc6ghzczrqlgrj9k3ey9tz](https://mempool.space/address/bc1q9wvygkq7h9xgcp59mc6ghzczrqlgrj9k3ey9tz)

StrongProgress7449

Not looking isn’t necessary if you know what you hold. I started in 2021 near the ATH (69k) at that time, with the goal of all in….bought a whole BTC in the 50’s and continued to buy all the way down to mid 20’s. Didn’t hit the 16k low unfortunately. I have multiple now, have watched price continuously and followed and listened to lots of “maxi’s “ the entire time. Haven’t sold any and trying to add a little here and there occasionally. Forgetting about it isn’t necessary- conviction and long term investment horizon attitude is necessary

Stock-Appearance-292

Well Bitcoin was created to give people control over their own money without having to depend on banks or governments. You can send it to anyone, anywhere, without needing a middleman. Another big thing is that there will only ever be 21 million BTC, which is why many people see it as a way to store value long-term. Of course, the price goes up and down. What got you interested in Bitcoin in the first place?

makemisteaks

It’s the reason I became a maximalist. No other project can ever have the same potential. BTC grew organically, from 0. No team, no vesting. Just an idea.

10kpizza

Coinbase holds about 880,000 BTC on behalf of its exchange and institutional custody clients. That's a very big incentive if you can hack and steal that.

cryptokeyhole

You can put a number on that, at least for BTC. In the December 2022 run the worst day (13 Dec) took about 40,500 BTC off Binance's published addresses on our node, about 9.5% of what sat there, and about 17% left within the week. The same percentages today would be about 61k BTC in a day and 107k in a week, against about 645k at those addresses now and 5-9k going out on a normal day. So a repeat of 2022 looks like a rough week rather than the end.

10kpizza

If you measure in BTC rather than fiat this one is nowhere near the biggest

cryptokeyhole

Painful is right. 5 GH/s earns about 0.2 sats a day now, so one sat every 5 days or so, and solo it'd take around 4 million years to find a block. The same box in July 2013 would've made about 0.12 BTC a day, and by January 2014 about 0.002. Good one to keep on a shelf.

Interesting_Loss_907

I remember that sub 11-12 years ago & the Buttercoin losers were saying BTC has already failed because it was only worth around $300 (after having peaked at $1100 in late 2013). In those days of course they did not want to look back several years. They wanted to cherry pick only the timeframe that helped their argument. So they would look at it going back just one year or to whenever the peak price was and then talk about the negative return from that point. Guarantee you none of those people on that sub have admitted that they’re wrong, even though BTC has far out performed every stock index since that time.

10kpizza

When priced in BTC rather than fiat this one wasnt that big. MtGox still holds the record for that IIRC

Muchy_Tangerine

Not many shops in LA actually take BTC at the register even if they are listed as bitcoin friendly, a few spots around Venice and Downtown but its hit or miss. I just use Walden Pay card for everyday stuff. It spends from what i hold and shop only sees a normal card payment, way way hassle than hunting for places that takes it directly

Wh-h-hoap

Well, I have to say that I don't personally hold my own keys or haven't experienced self-sovereignity, but I do have some skin in the game - and that *none* of this has anything to do with my ability to predict BTC price performance.

Wh-h-hoap

Bitcoin does come down, but it rarely comes *back* down. The fact that BTC stands at \~80k while performing badly speaks volumes. What did everyone think it was? And correct, big money has been made. As for the sheep comments - are you mentally challenged?

FrugalityPays

Coinbase Prime Execution Agent is the setup used by ETFs like IBIT and Bitwise, which name Coinbase as custodian. Fidelity custodies its own BTC through Fidelity Digital Assets. That link also has a ChatGPT tag on it. Can you quote where it names Fidelity specifically? Fair point that Fidelity Crypto isn't SIPC-covered though.

Awkward_Potential_

Dollar Cost Averaging. Buying at a regular pace and not worrying about day to day price. Buy $50 every payday. If we're down, you're getting more BTC in your buys.

Alexa_2005L

We can’t even come up with one BTC, so let’s not worry about them lol

Dr-Slay

Just my opinion, but the "grass roots cypher punk" days are over. Happens with everything like this. 2014 Coinbase, whenever Binance started; those were the first layers of ruin. 2017 CME futures was the biggest nail in the coffin. Compare the lows between the BTC crypto chart (or even teh Bitstamp one) and the CME BTC futures chart. Look at it on the monthly chart. See the divergence? Plot the highs, lows, and midpoint of the entire range of both charts (their entire history). Go back and do this for all the "bitcoin cycles" see how it interacts with the 25% range as measured from low to high? This time we've only gone to 50%. Anomalous. So anyway. Then the IBIT ETFs (among others). It's not total control, but it's close enough. Over time it will probably continue to appear to increase relative to other assets. Fundamentally though all money is based on object fetishization ritual behavior. Care more about the people in your life and help where you can, all I can say at this point. DCA is still a solid strategy, just don't put everything in BTC. Have some cash. Have some index funds, money market earning interest, etc. Nothing we do or participate in will last forever. Money sucks. Life sucks. Don't breed.

MSmithRD

Fail is in the eyes of the beholder I guess. Personally if I saw the S&P 500 get a 10% yearly average return in 3 years and see BTC at 60K, I'd consider that a fail. But that's not all that's possible. There's definitely a non-zero chance BTC could be at 30k or even lower. I put it at 33% chance it beats or significantly beats the S&P500, and a 33% chance it matches it (roughly) and a 33% chance it does worse or significantly worse. Again, I'm a bull and think it will do well, but to answer OP's question "Is it even possible to fail just go all in at 77k?" and the answer is: Absolutely. A good chance. Also a good chance it will do well, but it's far from a sure thing.

ep193

Yeah, let’s start a run so BTC crashes and we all loose all our money. Stfu idiot.

byoung1434

“  After that, I still understand that FIAT is not viable, but how can BTC be if in a matter of seconds I lost my family's retirement plan?” You have a misconception of what gives government issued currency its value, which is the nations productivity and the government’s ability to tax it.

MackinCeleBrini

"Better returns bottom to top" yeah that's picking exact entry exits for the highest amount. Not growing is just math. The math of now decades (as in more than 1.0) of return rates, the "cycle" and it diminishing greatly round to round, and the general math of how you expect something worth Trillions to grow vs Billions or Millions. People bought BTC a decade ago, held for a mere 5 years, and walked off with $100 per $1 put in, god bless. Post 2021 growth won't look like growth to 2021, and even your average coin holder probably wouldn't like the total results on their community and the economy if it did.

PeacockMamba

So someone had 185 BTC on an exchange (they didn’t own it anyway)… soft target, matter of time.

MackinCeleBrini

You just cherry picked a bottom to top in cycle? Yea those are good, but someone probably did the opposite too and bought top and sold bottom. Folks who have bought BTC the last 5-6 years could all sell today and would have more or less similar purchasing power collectively vs consumption the day the bought. The days of $1 to $100 in 5 years are long gone. Buy and hold now based on wanting BTC, not some future decade long race with a Vanguard Growth Fund. If you want returns, that's all, find your exit number and get out when it gets there in the next run, so you can chase higher growth than BTC will likely see post next run.

MackinCeleBrini

You are aware you just cherry picked the bottom to top. Which btw used to also be way more volatile in prior cycles too. BTC is trillions now, it just doesn't grow anymore like it used to, nor should you expect it to. It also probably won't collapse temporarily like it used to. Either that's an issue as you wanted BTC to raise your purchasing power, so you picked it over some Vanguard growth fund, or you don't care and will hold it anyways. If you want growth in dollars it was probably a good exit to exit at >100k, but you'll likely get just as good an exit or at least similar if you exit at the next run. Given diminishing growth after that, if you hold, just do so without expectations you get to tell people "have fun staying poor" and all that stuff.

JeremyLinForever

I think it absolutely offers insight to the argument. If you sell, we can see exactly how long it takes to get the BTC scooped up and at what prices. People can hold whatever assets they want, but the truth of the matter is property is done for with these high interest rates, the stock market is insanely overvalued, the S&P 500 is just being pumped by the top 5 companies and so many companies below them is misses estimates or misses revenue. I just think you need to sell your BTC for stocks and come back crying in a few years.

RiskOnOnly

I’ve been holding Bitcoin since 2018. At this point, I’m looking for ways to maximize my Bitcoin gains and get amplified exposure rather than simply holding BTC.

Impetusin

MetaMask should be a temporary holding method for trading and no more than you are willing to lose. Coinbase has some really good physical security measures that go past the technology, which makes us less agile for trading etc, but safer!!!!! No, I don’t suggest you stay away from BTC. Not yet. The protocol itself is rock solid and secure.

windex8

It is viable. Here’s the difference. My brother told me to buy this thing called bitcoin while I was making more money than I knew what to do with. BTC was $42. Had I taken one paycheck, that $8800 would be worth 33% less today, and the interest wouldn’t have even zeroed out the inflation. That same 8800 would be worth over $16,000,000 today. And, I want it to be known I called my brother retarded and instead bought an IWC I took a loss on 😂

Professional_Run2842

Yes , buy BTC with everything you got .

kevin-creates

For me, it was back in 2016-2017 when it hit right around $20K for the first time. I had been loosely following it since its inception but back in 2009-2010 it was too hard for me to grasp the importance much less have the technical know-how to store it. If I only had a time machine to shake the crap out of my younger self to figure that out. More ah-ha moments came when I started listening to audio books on sound money and just how jacked up our monetary system is. Not just in the States but around the world. It's insane to me, actually. So, now I'm full on BTC Nerd, run mining rigs, DCA, everything except running my own node. That's next on my list.

mpbell

I get that this is not how BTC is supposed to work, but in an undisputed hack like this, could 51% of the nodes agree to reverse the transactions?

Awkward_Potential_

Not your keys not your coins is a tough lesson. But people who learn the lesson are better for having learned it. Stuff like the Coldcard hack was way worse from the standpoint of holding BTC long term. This is just an exchange hack. Also, who lost their coins? Binance is making everyone whole afaik.

MMButt

Is this a joke? I didn’t realize people are thinking of 10k. Bitcoin losing >90% of its ATH is not a good thing for anyone interested in long term holding. 10k. Then what? You can finally be a whole coiner and you hope it will triple again? If you’re going by history for non-BTC coins there isn’t any precedent for losing 95% of ATH then doing a 100x again. And yes bitcoin was first and bitcoin is different but it will become even more niche and a sinking ship if you have to convince people to buy something that is down 95% and say it will definitely come back. Think this through. It’s not just about how much bitcoin you can accumulate. Why would you want to put thousands into something that everyone else is losing faith in without a guarantee of coming back?

Farmer-beginner

If that happens, can you imagine a line of people waiting to buy BTC cheaper? Generational opportunity for many.

OtherwiseNeat9617

Its noted... everywhere. Do you think they kept all of it in one hot wallet ?? Also, more information. Ethereum smart contracts caused the hack. Native to ETH. If the BTC was in its own wallet it wouldn've been safe. Shit coins again

Scared-Permit2587

I have my stack in one of the large ETFs. Why is that not viable. If BTC goes into the millions so will my ETF. Leave the cold storage/hot storage to those guys with all the indemnity that confers. All the "my keys my BTC" people are more worried these days than the ETF holders.

Technical-Ad-8678

id do 25 months for 185 BTC, whos with me?

Kommandant_Milkshake

I 100% agree, and my money is where my mouth is, almost all my BTC exposure is IBIT. Blackrock is the largest asset manager in the world, no way they'd let a disaster like the recent Binance hack happen to them. The primary custodian of IBIT's BTC is Coinbase, and most of it is kept in cold storage, unlike with Binance's recent hot wallet hack. With IBIT, you also get access to options, shorting, and margin, which you don't have with BTC directly on major platforms like Robinhood.

Next-Succotash-3827

Yes. That is absolutely correct. But for my peace of mind I had to legit go. Thank goodness I still have the majority of my holdings!! LoL. But I lost probably an accumulated total of 1BTC. Celsius users also experienced this. These exchanges were loaning out users funds and we're highly leveraged. Then when the inevitable crash came the funds were lost!! Criminal behavior for sure.

Kommandant_Milkshake

Well, if you add or subtract a year from that chart it's beating the market by a lot. The arbitrary 5 year time frame just so happens to coincide with the peak of the last cycle, and the bear market of this one, so of course it looks bad. I still believe that BTC will beat the S&P 500 by at least 2x this cycle.

Thathitfromthe80s

Yep I’ve had the majority of my BTC at fidelity since 2017. It felt “uncool” at the time but not til recently do I feel much more validated on that decision.

Fred_Dibnah

Is it possible for them to even spend the BTC?

Maleficent_Map5897

BTC is more of a volatility instrument now as far as investing goes. There is still plenty of money to be made outside of price appreciation

Weird-Web7456

U ppl kill me. Age well? It’s been 4 days… It will hit $250,000 min by the end of this cycle just about to start. I gotta get off this thing. U must’ve made ur first BTC buy 14 days ago. Just sell it, all $14 and go by a scratch off