BTC

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

Weird-Web7456

What are u even saying? Just trying to be funny with a joke that makes no sense and 14 ppl vote for this stupid comment. Bunch of front line soldiers you guys are. HE DIDNT MEAN IN 4 FUCKIN DAYS DUMBASS. Please sell ur $12 of BTC and go buy a scratch off

Badj83

Why is everybody talking about the 5 year return today? You’re taking willingly taking the highest and lowest data points of a notorious 4 year cycle and drawing dooming conclusions. If 5 years was your timeframe when investing in BTC at ATH, you might be as dumb as you sound.

Tobias_CBC

That’s a fair distinction: holding up better than metals is relative resilience, not proof the decline is over. I’d look for BTC to reclaim and hold a defined level with spot participation, rather than treating one comparison window as strength.

Lavayo

Because they understood it's not: Fiat vs BTC / Altcoins but Fiat / Altcoins vs BTC Altcoins are privately minted Fiat currencies on a blockchain.

devCheckingIn

ETFs got destroyed and obliterated and annihilated and explodeded yesterday, but BTC price didn't move as much. Does that mean we see the price move when markets open Monday? I can never figure out the timing on big ETF moves vs. BTC price.

aeklund68

If there wasn't an AI related trade staring BTC in the face, I think we'd have a different situation. AI stocks are serious alpha opportunities whereas BTC, at this time, is not behaving that way. In fact, I imagine most retail inflows are going to NVDA, MU, and SPCX, rather than BTC. If AI didn't exist, it wouldn't surprise me if BTC was over $100K right now. There's limited money in retail.

Odd-Internet4497

In my opinion, all of this is happening as if it were orchestrated to push out retail investors. Maybe I'm wrong, but as time passes, we see fewer and fewer retail investors and more and more corporations coming in and buying BTC.

FireZig

interesting, what's the tax called for this? When I was researching BTC mining in UAE with a licensed mining company there was no tax included. What's your setup exactly?

LittleLeeno

That's an interesting perspective. Whats your bottom line though, that BTC isnt worth holding?

phikapp1932

They valued the BTC at its USD value of 18k even though it was worth 55k at the time of payout

Gloomfang_

People keep it in the BTC because they expect a better return not because it's safer

6DeliciousInches

Binance assets under management is $160 billion. $5 billion was stolen. ONLY $155 BILLION REMAINING AT BINANCE ARE WE FUCKED OR WHAT?????? FTX had $9 billion AUM and misappropriated… $9 billion in customer funds. So let’s go over once more. FTX lost all the money. Binance lost not 5%. Final point, a pump is a $1000 BTC 1 min candle.

SenatorAstronomer

Do you believe in BTC or are you buying it straight as an investment vehicle? I find it not at all ironic that this post comes up after BTC dropped nearly 10% in the last 24 hours.   If you are looking for a quick profit, move on.  

Rortherina

Hey! Think like it was a normal bank transaction, where you setup the receving address of the money. Electrum, the wallet (or bank in the example) I was using, is the thirdparty that connects my money to the BTC network (blockchain) BTC has a system that the more fee you pay, the more the network will prioritze your transaction to be executed. So, I tried to execute a normal transaction, and it failed due to network capability. Since it was a large sum of money, I just wanted to get the transaction through, and in the moment I tried to rexecute it paying a larger fee (to be prioritized), Electrum (my wallet) had a security breach that allowed a hacker to change the receiving address of the transaction. The hackers address has the same 2 and same last 4 characters of my real address, so, since I had already checked all data many times, I just checked the last part, and sent it again. With that, the coins were sent to the wrong address.

Perfect-Expert9533

This statement is actually pretty accurate! “When in doubt, zoom out.” means that when you can't figure out where Bitcoin is heading on the 15-minute chart, step back and look at the bigger timeframes. “Trading Bitcoin on a 15-minute chart is just astrology for men.” means some traders try to predict the future using chart lines and indicators, almost like reading a horoscope. But there's a difference: 15M: Short-term moves, more noise and fake breakouts. 1H: A clearer picture of the short-term trend. 4H: Bigger swings and more important support and resistance levels. 1D: The overall market picture. Charts aren't magic. Technical analysis helps estimate probabilities, not guarantee outcomes. A simple BTC trading rule: Check the 4H for direction, the 1H for key levels, and the 15M for entry confirmation. Always define your stop-loss and risk first.

Odd_Delay4411

Good luck to try to sell significant amounts quick with KYC/AML regulation in place. Nowadays you need to bring your BTC weeks earlier to a CEX. Since all the kafkaesque hoops you need to jump through take weeks, sometimes even months. By now I leave always leave some on a couple of exchanges to be able to sell in time. This really sucks to be exposed like that all the time.

kgtrip

So, what's your recommendation? What can an average crypto user with some coins in MetaMask actually do to protect their assets? And secondly, would you stay away from crypto and BTC altogether for the time being?

steelchairframe

I believe the current CAGR of BTC is around 30%. Pretty good returns but not getting dividends hurts commodity buyers. Always has and so only raw price helps ease the burden of poor performance. Probably best to exit positions at the next ATH. Inflation will make sure it has an ATH, hopefully it's inflation adjusted ATH!

steelchairframe

This is stupid and offers no insight to either argument. If anything it drives home the loner mentality that many BTC holders posses. They can't fathom that people might own stocks, property and BTC and so they might be comparing their returns. OP capitulating doesn't magically create the next leg up. What a ignorant idea. If anything I'd say BTC needs less arrogant people like yourself.

nugymmer

Yep, but try telling some alt coin bagholder who is trying their hardest to hope and cope that BTC is the only thing that will save their ass in the end. You have a better chance at picking the highest cherries from any given tree.

Rortherina

Hey man, thank you, I feel very touched by that. I tried to set up a Go Fund, however it does not work for Brazil. I am looking into international solutions for donations (any suggestions?), however, if thats what your heart tells you to do, you can donate to my BTC wallet address - the same one I mention in the post. * **bc1qnjtc6qwqshq7s8swfh8ww0lv63pt4t6mku6537** I edited the post to include a donations topic, commiting myself to sahre with local comunity here in Brazil every penny that exceeds the 0.87BTC that were lost. Thank you for that and God bless you!

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Post is by: BarracudaCertain3774 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1xk3xjl/the_biggest_crypto_heist_in_history/ $6.3 BILLION stolen from Binance. 18,270 [$BTC](https://x.com/search?q=%24BTC&src=cashtag_click) moved into wallets nobody can freeze. Approximately $3B in assets frozen. And somehow, Bitcoin dropped only a few percent. Was the market prepared for this, or did someone absorb a selling shock that should have sent [$BTC](https://x.com/search?q=%24BTC&src=cashtag_click) much lower? Let's break it down. 🧵 *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.*

BuildingThink

The question is, which vulnerability they used to stole such BTC? Is it still there? Is it just something related to binance?

nugymmer

I keep fucking saying that BTC is the only game in town.

wkhan-74

A 10-year chart can prove BTC went up; it can't refund the years your money sat there.

Narrow_Comparison_58

Doing the same ... 1. DCA at a flexible pace (e.g.: not exactly every Sunday, but the same principle of buy low) 2. Other options accumulating BTC via purchases in daily life (e.g.: Lava) Disclaimer, not affiliated with any 3rd-party platforms, all my independent opinions and personal practices.

FreeAppeal6537

Moral : No matter how much you mine/own BTC, North Korea is behind you.

SingularityXZ

Sorry guys I was the one of those guys selling all my BTC for USD... To BUY the freaking DIPS lmao. No gambling btw.

kneading-cnnuy

Nope BTC did that too, once https://en.bitcoin.it/wiki/Value_overflow_incident There's nothing inherent in blockchain that prevents walking back transactions, as long as the majority agrees

SeriousGains

Probably should have been more specific. DCA HODL **BTC.** Have I bought and sold other coins? Of course, that’s where greed comes in. Haven’t sold a single sat in 8+ years.

the_fsm_butler

No, you said BTC is bad for transferring wealth. And yet, here you are, refusing to prove your point by sending me BTC to show me how bad it is at transferring your wealth to me.

stunvn

BTC Withdrawal Suspended The wallet is currently undergoing maintenance. Withdrawals for this asset will be resumed shortly. Set network recovery notifications reminder

the_fsm_butler

I don't. Send me strait BTC, and I'll send you my heartfelt thanks. No intermediary tokens required.

Always_working_hardd

So, now that Fidelity and Schwab lets you buy BTC on their platforms, what now? Is there insurance through the brokerage?

Kommandant_Milkshake

It’s hilarious that they unironically use the 5 year chart argument. Cherry picking a date range doesn’t mean shit. I bet they’ll be real quiet about a year from now when the BTC 5 year chart will be measuring from the 2022 lows.

Oddsee

I think the best way to find your answer would be to read The Bitcoin Standard. Contrary to the title, the book is less about BTC and more about criticisms of Keynes and Keynsian economics. IMO the argument that we *need* inflation for growth is fundamentally flawed, due to the way we view/measure growth itself. For example, it's great when your stocks reach all-time-highs, but what about the rampant enshittification and mass layoffs used to get there? It's both unethical and unsustainable.

Fran4king

Because it will be quantum cybersec. BTC at 1 point will fork the hole project into a new one with quantum solutions.

vortexcortex21

Because BTC is not good for the use case to transfer wealth.

ngalsurf-1

There are outfits that will get your BTC back for you and don't charge you unless they get it and you have to pay a small percentage of what they recover.

azdcaz

Idk Germany sold 50k BTC worth 3B and it didn’t move markets. That was when the market was smaller. Last I saw only a little over 1B of Bitcoin was taken and not all sold yet.

dsk83

10yrs has passed since he bought BTC, not the same as 10yrs experience managing self custody

Born_Astronomer_4613

Yes it's safe. The price of BTC is going to explode in the near future. If you're holding BTC, you will be really rich.

DontLook_Weirdo

People either enter the stage understanding that playing this game could be fatal, or they learn along the way eventually. There has to be some level of comfort knowing that, and understanding financial terminology... Both of which are required and learned along the way. If you're not too computer savvy but understand what you're getting yourself into, stick to exchanges.. hope theyre never hit, and if they are, that their insurance covers you fully. My biggest issues with exchanges is their ability to freeze funds, sell or buy buttons... On another note, I'm grateful they were able to help their clients but the fact that they can doesn't sit well me. I use a hardware wallet because I am comfortable managing my own funds and I genuinely do not transact any type of coin online. I only ever buy, accumulated, and transfer out of the same seller (strike) - I have only ever paid with BTC once and that was for shake shack. I don't speak, wear, or fly any flags related to BTC - just like I don't speak about my Roth IRA. What happened to binance is tragic, but they won't disappear.. they're literally too big to fail at this point and will be bailed out if anything happens. This attack, although humongous, was not enough to severely damage them... But even with all that, I'm still perfectly comfortable handling my own. I understand the risks, and I understand even I'm not safe .. but that's the risk I accepted.

Born_Astronomer_4613

The reality is that BTC will hit $1,000,000,000 within 36 months.

MackinCeleBrini

Bro, just make peace with any wild gains you made years ago, without pretending they will repeat. To be frank you probably don't like the world as much if BTC does another 100x-1000x in half a decade like it used to. If it tracks stocks that fine. There is a real decent chance wild BTC growth from here is as bad for you as good for you, given what that probably means for everyone else.

Asleep_Conference_57

That's true - inflation is often celebrated by governments these days as you say as it tends to push debt to GDP ratios lower. To clarify, I'm referring here to the risk-free rate of return via government bonds or savings accounts. BTC can also be used just as well as fiat for risk-bearing loans with interest payments, sorry if I wasn't clear there. As you say both those things stimulate economic activity. Bitcoin is a better store of value as it has massively outpaced inflation over time, no argument there! It is however absolutely not a better currency and I think most people in this community accept that to a degree. Fiat (in developed nations) is instant, transferrable, secure, has minimal volatility making it a reliable unit of account for businesses and individuals, and is backed by national governments and by proxy their militaries. Most sensible pro-fiat people agree it should not be used ideally as a long-term store of value, shares, commodities, crypto etc. are much better suited to that purpose. Fiat, at best tends to maintain parity with inflation over time if it is held in interest-bearing accounts. The one thing I will say for BTC as a currency is that it has extrinsic value in that those in war-torn or sanctioned countries may need to get their funds out in a way their government cannot censor. That is the one area I believe BTC is superior to fiat.

Asleep_Conference_57

>why fiat is more worthless over time Just to wade in here on a technicality: fiat itself may become worthless over time ($1 buys less now than $1 did x years ago), but only if the real interest rate is negative. Fiat currencies allow the accumulation of interest whereas BTC by its very nature does not. It's not fair to say therefore that all fiat becomes worthless. If you can earn more interest per annum on that currency than prices rise, by definition it is becoming more valuable over time. This is the case across USD, GBP etc. right now and has been for a decent chunk of history.

termin8rs

People like you are why civilized people don’t tell anyone they hold BTC.

Fun_Professor_4324

With all the chai analysis companies and AI watching the chain, it’s very unlikely for them to cash out 18k BTC. Bitcoin doesn’t have a proper working mixing service like Tornado Cash or Railgun that ETH has. The amount is too big, everyone has their eyes wide open. My guess is it will stay still for a very long time

jacd03

I don't think there's any money sidelined waiting for BTC specifically. People can get similar (or better) returns in the stock market right now, compared to investing in BTC at 76K just to wait 3 years for it to 2x if you manage to sell the top, it's still expensive for a lot of investors. An speculative assets with little upside and a lot of room to drop is the least asymmetrical bet you could take right now. You’d be taking crypto-level drawdowns for returns that a good stock can match or beat.

nachtraum

Not only BNB. BTC and the whole crypto markets should have tanked massively. The reaction is pretty muted. Terrible news and not much of a reaction is usually bullish.

vega-mgtow

>Haha your **gf's boyfriend** now has 3 BTC

AIGrammarBot

It’s not inflation free. Why do people say this. If inflation gets bad people sell BTC to pay bills etc and the value decreases. All you wackos think BTC is still going to be worth something if the world gets nuked. Jeeesh. BTC is no more valuable than the USD and will be destroyed just as quickly as the USD of shit goes down.

brdoc

Whenever if ever BTC is hackable all bank accounts all around the world have already been compromised, security systems, nuclear codes etc, if you have fiat money that's a bigger problem than crypto.

brdoc

It's an inflation free store of value, you don't use BTC to buy gum at a convenience store. In other words, you rarely do transactions, just hodl. It's not that bad

Bel_Air_Fresh

I am assuming...and it's a big assumption....that ETF Bitcoin holdings at coin base and other exchanges utilise multi sig security. Hopefully they're not kept on Cold Cards and Ledgers...and Trezors from third party resellers.....or OTHER BTC ETFS!

28klotlucas2

"Bitcoin DOWN to only $100" "Experts warn Bitcoin may fall to only $500" "Crypto bubble finally popping? BTC down to only $10,000" "Bitcoin is back at it again! Only $77,000"

tenor_tymir

A lot of people were surprised by the 40% rise of BTC from June to September. They slept on going in earlier because the 40k-gang was still waiting for the October crash. Well, a lot of money is still sidelined and people are waiting for the price to go down again. What you see now is sidelined money taking the chance to enter the market at cheaper prices.

tta82

Haha your gf now has 3 BTC

Top-Care-8946

If Bitcoin gets cracked then I think that all the current ongoing AI boom might "blast" to zero. I think that it initiates chain reaction that will beat down the modern era economy and monetary system (capitalism) because too much finances has been buried into both: crypto and AI. None of biggest BTC shareholders are ready to lose it all as the same should be also AI industry owners/investors. Because it means a huge shift of ownership of corporations that leads to the total chaos of global economy and financial industry.

MackinCeleBrini

You can't change what something is and what people get from it with a white paper. I don't think I've looked it over in quite some time, and I have no particular interest in revisiting it. BTC was a wealth transfer to holders, incredibly successfully so until half a decade ago when the growth slowed into generic investments assets options.

knguyen_tx

Same switch happened for me. I mostly track two numbers now: total sats and my average cost per BTC. Watching the sat count go up every month during a dip is way more motivating than staring at a dollar chart. I still log the dollar cost of every buy though, because you need it at tax time anyway and it keeps the average honest.

knguyen_tx

Not a tax pro, but since FBTC is an ETF the sale should show up on your 1099-B like any other stock sale, and that's the form your CPA will want to see. I'd run the swap past one before you do it, mainly so they can confirm how the wash sale rules apply to your situation this year. Practical tip: once you're holding spot BTC, log every buy from day one (date, BTC amount, USD paid, fees). Exchange cost basis gets spotty once coins move to your own wallet, and rebuilding it later is miserable.

IAmFitzRoy

You are giving too much credit to scarcity without understanding, the reason that BTC has value is because TRUST, not scarcity. Anyone can make a fork of Bitcoin but will never catch up, why? Because people trust first movers. If tomorrow everyone stop trusting Bitcoin its value will drop like a rock.

read_more_comments

Mt fox trustee fucked us hard when he kept dumping in big batches during BTC peaks, effectively ending the rally. I assume the hacker will want what they can get and not do the same to us.

MackinCeleBrini

BTC isn't a currency it's an investment you hold to get higher purchasing power later when you trade it in. Through 2021 it was basically unparalleled at that. Now it's just sort of an asset like any other to invest in. Given at trillions and many cycles of diminishing growth, it's not doing more than other asset classes anymore. It isn't expected to significantly outperform them going forward either, but it may still beat a good amount of them who knows.

Smiletaint

It’s called math? USD has a supply that never stops growing. There’s less than 21,000,000 BTC. Imagine if there were only 21,000,000 USD in the world. What do you think you’d be able to buy with 1? How much would it be worth?

b1mm3rl1f3

Stocks imploding, Binance suffers the biggest hack of all time, BTC down less than -5%, bears are aggressively typing "it's over" again.

rs1971

I kind of feel like this as well. I'm not a hardcore bitcointer; I haven't looked at the code or even run my own node, but I was a software developer for thirty years, so in general I'm much more technical than the average person. I have my BTC mostly on a Ledger with a little bit on a Blockstream Jade. I bought both directly from the manufacturer. I haven't bought any BTC or touched either wallet in several years and if you had asked me six months ago, I would have said that I felt totally safe. But between the Cold Card and Ledger hacks, I'm definitely getting a bit nervous. For the first time, I really am considering jutst liquidating my position and being done with all of this.

tenor_tymir

yes we could - but what would selling BTC help?

voodoobunny999

$6.36 billion here, $1.5 billion there, pretty soon you’re talking REAL MONEY! We were always told BTC was REAL MONEY. I just didn’t think they meant it like this. Real question: Is Satoshi North Korean?

No_Resolution8762

BTC has a huge TAM (X00T+) and it has only captured 1.6T so far. Accumulate while you can.

cocouf

Now she has 3 BTC

IAmFitzRoy

So the idea of BTC is better than inflation is that BTC will grow in value against USD indefinitely? Okey I thought it had a more substantial logic, I see that there is no logic just hope.

amnesiac010

Huh. I would expect a loss of confidence in the platform (and coins involved that weren't able to be frozen or recooped), triggering an overall loss in valuation for BTC.

WobblyTaterTot

I'm a 2012 BTC person. Harbor wallets are just mini exchanges in the minds of those of us from the beginning. If you didn't have your keys on a piece of paper with literally no third-party involved, whatsoever, you didn't have your keys. Hardware wallets are not what all of you guys treat them as. They require people. Software. None of that is where the "not your keys, not your coins" mentality stemmed from. Nobody was thinking hardware wallets when that was first written. They were thinking paper wallets. Still a third-party, but it was like a website that millions had hardened for years and the code never changed. It was just a way to generate characters. Very, very different.

No_Cartographer1492

\> Despite that, since I started accumalating BTC rather yound (over 10 year ago), I have always used a Electrum wallet that is considered "hot". This is not against you, OP, but I can see that the largest obstacle for massive adoption of Bitcoin is human stupidity.

Ninjanoel

Eth can't be frozen as well. You BTC maxi's are so silly, usually because you ill-informed. What about when BTC printed billions of bitcoins? Should Eth-maxi's be shouting "twenty one million my arse, this is why I use [insert shit coin her]"?