BTC

FromThePits

One of the main characteristics of BTC is the ever dwindling supply and circulation. More and more bitcoin is frozen in time by multi-international conglomerates, that stores it in their balancesheets for leverage against each other. When your great great grandchildren in the future goes shopping for bitcoin, they will have to pay millions for a single block reward (0,00000596 BTC in the start of the next century), and they will probably wonder why their great great grandparents didn't save just a little for them, back when it was much more affordable. It is definitely not going to be spread out in any meaningful way, although I agree that you will always be able to purchase bitcoin. It will just only be fractions of a satoshi by then. (through lightning or similar second layer)

Layer-2

Im good with ai, ive also written custom scripts for the 1000 BTC challenge. DM me. I am in the UK

jc456_

Yep BTC, gold and SP500 for the most part.

MakCapital

Not about claiming utility. If an L1 captures and distributes revenue you're good. Up to you to determine fair current value based off current and potential future value capture from monetizing user activity. Hyperliquid native L1 token not comparable to Arbitrum governance token or Nvidia on Solana. All other tokens are just ownership over something else. From L1s, stocks, commodities, etc. Everything is now a token. Far superior for issuers, owners, and traders. Tokens you need to do extra due diligence on: Tokens that have ownership over protocols built on L1s. Depending on the token design, this is where things can get murky. Any protocol reliant on admin keys really needs investor protections, through regulatory guarantees, to ensure voting power isn't just a promise that can be easily waved away. This is coming. Why these tend to underperform even when decent rev is captured. That and concerns of US political landscape shifting anti Web3, again. Everything is crypto. Everything is a token. Everything not already a token will become a token. Up to investors to determine what is worth holding, and how to categorize each asset type. The only crypto token that gets to ignore all common sense rules is BTC. Unique to BTC. Unlikely to ever repeat. Anything that tries to compete as a better Bitcoin will bleedagainst BTC long term.

FacePoka

Yes, exactly that. Lost 7 BTC in total, bought at a move lower price today and probably would have 10x

fan_of_hakiksexydays

Why tomorrow? It's already yesterday's news. And since BTC has been doing more often the opposite of stocks lately, if stocks dump on Trump tariffs, that's more reasons to believe BTC might rally more.

FromThePits

Listen WinterWind Go to my page www.thegreekchain.info and fill out the form. Include your BTC public key. I will compensate you for your good feedback, okay

Anxious_Noise_8805

Ah yes Peter schiff, the guy who had every chance in the universe to buy BTC since it was $10 or so but instead he just talked crap about it the whole time

ChummySpider

It IS worth investing in. Especially coins with good hype like XRP, Doge, Shib, PENGU, Pepe (even BTC or ETH-though the others are more affordable). I wouldnt invest ONLY in it because its subject to wild swings. Buy stocks too. I keep my crypto investments to less than 20%, and the. As long as people buy this stuff (and they do-I certainly do), there will always be a liquidity cycle to play, and if there is some utility along the way, great.

btoned

The million and one crypto pump n dump "projects" are dead; BTC is not.

raj6126

BTC isn’t an American thing. America just came on board with Crypto Trump fought it this first term.

No_Giraffe_4647

Crypto is a new tech that offers lots of opportunities but it is still soon to invest unless you see something really big emerging with a chance to get closer on the very long run to BTC or ETH. Until then only these ones as well as SOL are the ones leading the market. The real issue is that there are too many projects and not enough investors as things need to be squared by regulators. My guess is that the ones with a real world purpose, with most active and largest delopper communities may progress and get XX multiplier. For the other coins it is just hype over influencers and marketing strategy which is creating a FOMO effect on short term, then the rug get pulled at some point.

aGochoGuy

Thanks you all for the advice! I already put those $150 on BTC, but I'm open to other forms of long-term investing, but maybe next month and with the money I can save

Agitated_Patience_75

Aren’t there only like 20 mill that can be mined? Also, as far as i know not all bitcoins were mined. So how come all those million people own BTC? Because if they own 0.00000000002 then it’s worthless lol

aGochoGuy

Like a pet lol hahaha I already put the money in BTC but I'll take your advice for next month. The inflation is eating my savings.

adheretohospitality

He's not wrong. There is room at the top. BTC, Silver, Gold

Next-Town1842

I also had a friend that told me to buy BTC. He is financial expert and he told me I will regret it if I didn't but I was young and ignorant. I think you did the right thing by not borrowing. It could have backfired and could have caused more damage than good and could have forced you to sell the bitcoins and still pay interest for the loan.

twendah

Holy shit, all in BTC. Thank you for news!

DearPollution3447

ETH seems to want to go a big higher, but BTC has performed way better this run. So I think BTC.

WiseSilverWolf

Buy BTC only, even governments are buying BTC.

Cachemoney23

It is just another asset class under control. Banks are heavily invested (they always were aware of BTC), I tend to agree with the original principles of BTC but it has been compromised through firms/banks. However it would be wise to have some exposure as we do not know where the digital world will end up. IMO

SteveW928

Yeah, the meme gets absurd. Many take it too far (if they even understand the point of it in the first place). If you need to USE your BTC for life.... that's like the whole point of it! Perfect money. Money isn't a Tamagotchi. There is zero point in just forever HODL'ing Bitcoin. But, the opposite is the point. There's never a time to trade or sell just because. Pretty much anyone who does that, doesn't understand what they have or have gotten into.

SuiWhale

The best way to come up with your own written rule. Let's say , when my price target hits - I will cash out .% into stables . And just I have been in crypto for a VERY long time . It can go both way , too early is bad/too late is worse ... Profit is profit . If it makes you feel any better , this guy here took profit on BTC at 1500, thinking he made it 🙃 It's always good to leave part of position alone , and take profit in stages . I just dumped dash a few weeks ago, and now it doubled . You just never know . Did I make profit ? Yes . Sisni miss out on a lot more by dumping most of position? Absolutely.

PirateSKB

Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown person published a white paper under the pseudonym of Satoshi Nakamoto.[4] Use of bitcoin as a currency began in 2009,[5] with the release of its open-source implementation.[6]: ch. 1  From 2021 to 2025, El Salvador adopted it as legal tender currency before revoking it.[7][8][9] As bitcoin is pseudonymous, its use by criminals has attracted the attention of regulators, leading to its ban by several countries.[10] Bitcoin works through the collaboration of computers, each of which acts as a node in the peer-to-peer bitcoin network. Each node maintains an independent copy of a public distributed ledger of transactions, called a blockchain, without central oversight. Transactions are validated through the use of cryptography, preventing one person from spending another person's bitcoin, as long as the owner of the bitcoin keeps certain sensitive data secret.[6]: ch. 5  Consensus between nodes about the content of the blockchain is achieved using a computationally intensive process based on proof of work, called mining, which is performed by purpose-built computers.[6]: ch. 12  Mining consumes large quantities of electricity and has been criticized for its environmental impact.[11] Reference : https://en.wikipedia.org/wiki/Bitcoin

redditisnotus

The saddest bitcoin thing I've ever read was the guy who sold I think thousands of BTC to try and save his wife who was dying of cancer and it didn't work. It was a while ago, and I think I remember reading about him when BTC was already in the thousands. He said he didn't regret it. I think about that post from time to time and wonder how that guy is doing.

AutoModerator

Post is by: Haunting-Promise-287 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1qge47k/stuck_with_10k_in_usd_on_exchange_should_i_wait/ Hi everyone, I currently have **$10,000 USD** sitting on a crypto exchange. My original plan was to exit the crypto market entirely and move this capital into the traditional stock market (ETFs/Blue chips), as I believe I can achieve more consistent returns there right now. However, I’m facing a major dilemma: **The USD is currently very weak compared to my local currency.** If I withdraw and convert it now, I feel like I'm losing a significant chunk of my purchasing power just on the exchange rate. I’m considering three main paths: 1. **Stake Stablecoins:** Keep the $10k in USDT/USDC and stake it for 5–10% APY while waiting for the USD to strengthen. 2. **Buy the Dip (Crypto):** Put the money into BTC or ETH "on the way out," hoping a price increase offsets the poor exchange rate (though this adds a lot of risk). 3. **The "Bite the Bullet" approach:** Just withdraw it now, accept the bad exchange rate, and start compounding in the stock market immediately to avoid opportunity cost. What would you do in this situation? Is it worth "parking" the money in stables for a few months, or is trying to time the currency market a losing game? Would love to hear your thoughts. *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.*

bitski44

Cycle volatilities dampen as BTC matures—less retail and more institutional HODL'ers.

United_Environment62

I, like you missed the boat. In 2009, a good friend of mine came to me. Just give me €250 to buy this thing called Bitcoin. I worked in construction and lost all sources of income because of the recession. I was struggling to make payments on mortgage and not getting any assistance from government. I was totally broke. Told him I could not afford anything. I should have borrowed, but had no means of repayment. I have over time gotten to the 0.1 btc. I don't know how I will compound that, but will try when I can. That €250 at the time would have fired me from debt. I still have the mortgage and loans, but I pay them to the bank that owns everything. We are just fish in a massive barrel. To become the shark in your own financial pool, I believe BTC, Bitcoin is the gold standard of doing this.

United_Environment62

I, like you missed the boat. In 2009, a good friend of mine came to me. Just give me €250 to buy this thing called Bitcoin. I worked in construction and lost all sources of income because of the recession. I was struggling to make payments on mortgage and not getting any assistance from government. I was totally broke. Told him I could not afford anything. I should have borrowed, but had no means of repayment. I have over time gotten to the 0.1 btc. I don't know how I will compound that, but will try when I can. That €250 at the time would have fired me from debt. I still have the mortgage and loans, but I pay them to the bank that owns everything. We are just fish in a massive barrel. To become the shark in your own financial pool, I believe BTC, Bitcoin is the gold standard of doing this.

panthera_N

I'm afraid you'll make the same mistake a third time, which is why I'm currently holding 25% BTC and 75% USDT.

AbbreviationsLive475

And relatively young which will give you time to reap the rewards. I’m 55 and barely have 0.2 BTC. I feel like I’m running an uphill battle. I do have three adult children, the youngest is 19yrs old and the second youngest is 25 and my oldest 36 is not that bright and is living with me like a leech. But I digress, hopefully my two youngest will have benefit from my BTC investment.

BaluDaBare

I agree. But I believe Ethereum has super strong potential, to actually tackle its goals. BTC for value storage, ETH for infrastructure.

xpresstuning

Great job, i get the appeal and enthusiasm. My primary cold storage is a "Watch-Only" wallet i made on a old phone years ago (factory reset/airplane mode). The private key (seedphrase) doesn't exist on anything else other than the metal plate i stamped it on, alongside the wallet fingerprint and derivation path. My secondary "hot" storage (on-chain & lightning) is what i use for spending/payment, everything over 0.01 BTC is transferred to my cold storage.

Green_Ad9723

Remember, Barry Silver bought BTC at $7-$8 and you're only buying this crap now.

Just_Recognition3847

On the one hand yes, on the other his devaluing of the USD might unintentionally help with BTC adoption

Hypnotic101

BTC is a real asset.

Ninjanoel

lol, if you can't tell the difference between BTC and $UpYourButtCoin, then I agree you should stick to traditional finance options.

Historical_Use2861

In the crypto market, every day there’s someone with a new theory about why you should buy or sell. The only coins I truly trust for the long term are BTC, ETH, and SOL

gihkal

Yes. The early days of Bitcoin were very different. Most people had huge dreams of big changes that would help the masses. Those dreams are dead. And imo it's due to corruption from powerful individuals. The actions of Bitcoin core, r/Bitcoin and the Bitcoin forums are suspicious af. There was drastic changes in BTC around 2016/2017. The price increases are exciting. But having the economy work for the masses is what we want. We currently have the masses funding the government while the banks take advantage of the money printer and impossible borrowed money rates so they can take advantage of the average person is disgusting. How hedge funds can invest into companies and force themselves on boards that can then be used to ruin the company so they can short it is atrocious as well. Like what we saw with game stop and the deletion of the sell button during it's rise is a good example of the system being controlled by a small group of people that disregard the masses efforts to do what we want with our money. I could go on and on. Bitcoin never should have been controlled by such small groups. Satoshi didn't foresee Asics, pool mining or the nonsense of "store of value". Satoshi would be disgusted by the current state of his network. But like I said. It doesn't matter. The cat is out of the bag and we still have potential to do what we want with our money if we can organize with one another.

Arijan101

What I meant was, even though the original concept of BTC/crypto was maybe based on good intentions, it was always viewed and used by most people as a means of speculation and gambling. Am I wrong?

SheepherderFun4795

0.000000000000000000000001 BTC

SpontaneousDream

Bud, I've been here since 2014 and I can't tell you how many times I've heard your exact same argument. "Ethereum is playing the long game! Scaling and cheap to get users! *Then* we charge them later!!" You are literally just describing price skimming- essentially baiting users into using your product, and then charging them higher fees later on once you "have them" (or in other words, once the user is "sticky enough") What you don't understand is that crypto, by it's nature of being open, cheap, and decentralized, is inherently NOT STICKY. It is not remotely similar to a company where I buy their product and am essentially locked into using it (ex: buying an iphone, a netflix subscription, etc.) I'm not going to buy a new phone or change subscriptions immediately after my purchase. If I want to trade a coin, RWA, or whatever in defi, I can very easily route through the cheapest chain due to interoperability. There is no need for me to stay solely on Ethereum. But you know what, I will play along and assume that users *are* sticky on Ethereum. In fact, Ethereum metrics are all way, way up. TVL, transactions, apps, developers, etc. Yet ETH/BTC is still on a long term down trend since it's ATH in June of **2017**, and price has performed pretty average against USD when accounting for the risk involved in holding ETH (aka, a terrible Sharpe ratio). The reason for this all comes down to one simple fact: ETH, the token, has no meaningful direct value accrual- or in other words, **no buybacks, and negligible burn**. You can look at the burn yourself to see how little it is: [https://ultrasound.money/](https://ultrasound.money/) Eth is very clearly is not money, so there is no monetary premium like with BTC. It is literally just a gas token used in the backend. Sure, bagholders can believe it's "money", hell, I can believe seashells are money- but that doesn't make it so. The reality is that success of the Ethereum network =/= price growth of ETH. This is coming from someone who held ETH for years until I realized I was getting married to the bag. Dumped the majority of my stack at .05-.07 ratio back in 2022 and I can tell you that I sleep MUCH better at night. Good luck to you sir.

FARIHA_SULTANA

blue wallet to receive BTC then send to binance to p2p and send fiat to your bank

Apprehensive_Ant_112

The bottom line is...who is this "it", when you said "it's said.."? The onus is on you to do the research and make your "own" convictions and only invest in what you can lose. I'm bullish and think you'll be fine but don't count on me as I'm part of of the "it" crowd. There's also "it" crowds for certain stocks that will tell you what stocks to invest in. Looking back some look like geniuses with their predictions but it's only for that specific time. There might be a day where you look like one too, when BTC starts to pump again. If it keeps you up at night get out and try a different approach. If you have a strong conviction, then come back in 5 years and ask the same question. Stop doubting and stand up for what you believe in. Stocks and crypto are both gambling regardless. Bottom line is you are losing money if you don't invest in something because fiat money loses it's value everyday. So I suggest you gamble wisely and make your conviction on "you" not the "it" crowd here on reddit. Nobody has a f\*ck'n clue what's gong to happen, just like anything in life. Best of luck and think you'll be fine.

jaykay353

Well if the BTC Price gain outperforms the interest on his HELOC he MIGHT be ok- for a while

pol-arg

It’s the quiet part of every cycle. Speculation cools off, infrastructure gets built. Institutions don’t ship for hype, they ship for future yield and efficiency. RWAs, BTC security models, stablecoin rails, and compliant settlement layers are setting up the next cycle’s plumbing. By the time retail notices, the stack will already be live and the “crypto is dead” crowd will be priced out again.

Gmoneyyyyyyyyyy

Nothing foolish about that! Dogs will 100% ride or die shotgun style, even if the owner is an abusive POS horrible human. Most people dont deserve what dogs offer, not even close. Money has no value in comparison. Any, so called, "bad" dog is simply a mirror reflection of the psychotic puppy puller holding the wrong end of that leash! Facts I guarantee you still have lifelong friendships that are sadly very rare. I have plenty. You cant but that. Money is misery, so just spend everything on the few that really love you. Dogs are high on that list right there with children. I feel sorry for anyone thats ever abused a child or a dog!!! Hell has no fury against God, his Dogs on rainbow bridge, and his genuine awesome folks. ITS REAL!!! I walked out of hospice! Trust me, very very real. Me and Maddie girl will see you there my friend and your best friend will look old but got all the puppy power back, straight up waiting for you. I 1000% guarantee that. Fuk a BTC!! Ya kidding me?? Pffft.

mngos_wmelon1019

Top 1% commenter gets crushed in argument about actual value of BTC then deletes all his comments. What a clown show.

Sapere_aude75

Lol. Well fuck you too. You're being ignorant. It's funny that you blame a single country for the market. How exactly did the president of one country destroy alt season in your opinion? The US isn't the entire crypto market. I'm not even suggesting I agree with most of his activities, but he is a lot more pro crypto than the alternative candidate was. If you want to really understand the lack of alt season, I think you need to dig deeper and better inform yourself. As any new asset class matures it will become less volatile and speculative over time. You can see it through the BTC cycles. Gains/drawdowns become less extreme. People start to realize that most alts never surpass their first cycle highs, and are thus not worth the risk/reward for investment.

mngos_wmelon1019

Exactly, lol. We’re talking about keeping your money in a bank in America. Not Iran or Venezuela bro and they are cashing it out for USD or Euro. If the major currency that BTC is cashed out in falls, what are you gonna do? Cash it in for rubles or whatever China uses? What do you think happens to their currency if the dollar falls? It’s not hard to understand, you just refuse to acknowledge it.

CyberCrud

You set a goal.  Then you sell.   For example, I bought lots of BTC in 2022 at about $27k.  My goal was to pay off my mortgage.  I had a pretty good feeling that ATH was going to be about $125k in 2025 (I was close!) So in December of 2024, I sold at $99.5k.   I paid off my house.  I had no regrets.   Life changing money is not life changing money if it's just on paper.  Never feel bad for taking profits.  

joethecrow23

I had a good stack of VET back in 2020, had bought most of it around $0.02 watched it pump to almost $0.30 in 2021, kept buying all the way back down, but was convinced it was gonna go to way over $1, ended up selling it off in 2024 when it was obviously just not going to have an impressive bull run. Ended up breaking even. Would’ve done fantastic if I’d just bought BTC. I think the only coin I ever made decent money on besides BTC was XRP and ironically it’s only because the lawsuit kept the price suppressed for an entire cycle.

Away_University9739

The classic rigid 4-year halving-driven cycle looks broken — BTC ended 2025 red for the first time post-halving, with institutions, ETFs, macro liquidity, and maturing market overriding the old pattern.Many (Bitwise, Cathie Wood, etc.) now call it dead or evolved into something elongated/liquidity-led, potentially stronger into 2026

Ornery-Letterhead-26

Then start mining it back through the Lumerin Hashpower Marketplace. Convert underperforming assets into USDC, then use that capital to purchase hashpower directly on-chain. You can then mine BTC to a completely unrelated anonymous wallet—trustless, non-custodial, no KYC, and fully on-chain. Great if you want to reset your privacy. On top of that, Lumerin has launched a first-of-its-kind hashpower futures marketplace, allowing you to lock in or trade hashpower as derivatives—something that’s never been done before in this space.

MoodScripted

Multiple times I have sold things too early. Once had I waited I could have sold for 2 BTC at the time. Instead, sold too early for about .01 btc. My crypto "life" has been all failure. I just sit on what I have now and expect it to hit 0. No fucks given as it is only gambling and no use for anything else.

DryMyBottom

I bought something using BTC, but I mostly store it to protect my savings from inflation, and been doing it for over a decade I can tell you it's working splendidly, more than other assets I have invested in for the same reason. Plus, for payment purposes there are better alternative to BTC layer 1, but as I say, I personally see BTC as a store of value rather than a payment system

mngos_wmelon1019

When have you bought groceries with your BTC? I don’t know anyone that can go into the store and buy food with it. How viable is something if you can’t physically use it to buy the things you need to survive?

FromThePits

I tend to believe that BTC will remain the OG of SoV. For all the reasons you mentioned. Trust is the most essential property of money, and most alternatives lack that feature. Bitcoin has gone through a rapid evolution, but not all is positive without any question. We are never going to use BTC for every day commerce for obvious reasons. I'm not a big fan of 2 layer solutions like lightning. Seems like bandaid on a broken leg, but maybe it will catch on eventually, who knows? Most glaring is the move away from individual mining to industrial scale crunching of numbers, because of efficiency. Not a fan of that either. I could see Pi network compete in the "alternative to fiat" segment, due to its incitament for individual mining. Something BTC kinda lost along the way. Still given the choise, my savings are with BTC before Pi. This may change over time.

mngos_wmelon1019

What’s the major currency in the world? Are these rich heads spending their BTC or cashing out to a different currency? If so, you think they’re cashing it to euros?

DryMyBottom

rich heads owing the majority of BTC doesn't mean shit, since BTC is PoW and not PoS. Plus btc isn't pegged to the dollar. Plus, you (like all Americans) believe everything is about the USA, while other people in other countries are already savings their lives thanks to alternative to banks

Away_University9739

Precisely. Block rewards are fixed in BTC, but their USD equivalent scales with price → stronger buying pressure to clear the new issuance when BTC moons.

mngos_wmelon1019

Like I said, if America falls, what do you think will happen to all currencies since they’re all pegged to the dollar? Money ain’t gonna matter no more homie. Remember, all these old rich heads own the majority of BTC and it’s worthless without transferring it into an actual currency you can spend.

DryMyBottom

if you want to transfer all your money in another country because you are escaping from some shit started by the organge president, I am pretty sure that bank wouldn't allow you to do so. While you can cross the border and travel wherever you want with you stablecoins or BTC stored in a cold wallet, accessing your funds from everywhere. I know it's difficult to imagine this need coming from developed counties, but what's happening in some lesser lucky countries proves banks cannot be trusted in such critical scenarios. But I do agree with you that crypto still is very scary and dangerous due to all the scams. One needs to be very careful since self custody comes at a cost

Away_University9739

Yeah, BTC's holding strong in the mid-90s after that 90-98k run this month—classic consolidation before the next leg [up.Digital](http://up.Digital) gold thesis still solid: fixed supply + growing whale accumulation = long-term winner. Commodities rotate; BTC's turn comes when macro favors it [again.Smart](http://again.Smart) money's stacking quietly.

Dioken_

The fix Is due to the fact that no political party will be ran by economic interests. With a BTC standard you would remove economics from politics.. therefore prosperity and welfare would become the first interest.

Wallahbeer

Sydney Sweeney Says BTC could hit (whatever the equivalent of her two knockers in $) in the third half of 2026.

Away_University9739

Nailed it. Gold feasts on fear first → then risk-on flips and BTC catches the upside wave. Classic rotation play.

setokaiba22

I think people just don’t understand why BTC regardless of any technical aspect or use is number one by the media, institutions and the average person. Especially the latter.. (who do not care 1 way or the other about a coins privacy, fees, use cases..etc) - it’s the value they see and the story of how much it was worth. People want to make money. 99% of people involved are only involved to make money and BTC has the biggest value and arguably return out of everything so far.

ZealousidealIncrease

Honestly, this is the most believable market signal I’ve seen all week Every bull run needs a sacrifice, and it always seems to be the guy who finally sells after holding through pain. The moment you hit “sell,” BTC will rip to new ATHs just to remind you who’s in charge. That said, if your BTC isn’t life-changing yet, I’d be careful about volunteering as the liquidity exit. Markets have a brutal sense of timing, and they love punishing emotional decisions. If you do decide to sell for the greater good, at least let us know the exact minute so we can long with confidence Either way, you’re not alone we’ve all been “that guy” at least once.

__redruM

Yes, it’s worth holding a little BTC, but you should be mostly in index funds.

RecycleModelA1

See that dip in global liquidity, there is a lag between that and BTC and S&P. It’s why some people believe we will have a disinflationary aspect when we drop. Also shelter has been in disinflation for 2 years now.

Jealous-Reindeer-610

Fair nuff ,those with crumbs will have more leverage than those with none . Universal adoption will happen, The FOMO crowd will fight eachother over the scraps - there was a time us dial up users were connecting to decentralised bulletin boards telling the normies E-mail would be the future of electronic communication ,Crypocurrency wont die and maybe the standard , BTC will always be the standard - but we can both be right , its what ever we make it, the value we place on it , the haves verses the have nots - there is room for both a centralised system and and paralell decentalised consensus based system no matter which alternate latecoming blockchains may evolve, fork or getcreated, BTC will always be the OG (In general, I agree with another poster's statement on BTC fundamentals) 'Bitcoin is divisible, verifiable, recognisable, portable, instantly globally transferable, and of course, its issuance is verifiably and mathematically scarce. Unlike all previous money in history, Bitcoin is programmable without requiring permission. But most profound of all, Bitcoin replaces trust with cryptographic proof. Society will shake, '

FromThePits

Maybe it is. I think we disagree on whether the ownership of BTC will become more or less centralized. I am firmly in the former camp. Only crumbs for the pleps. I have the data from nov. 19. 2024 which stats that BTC holders with less than 10 BTC owned directly, is holding less BTC combined than now(-91,200 BTC) even though there is more wallets and more BTC in circulation. BTC is drifting towards institutionalization. Plan accordingly.

neo101b

I cashed out far to early, I had 2 BTC at one point, spent lots on cannabis, I also had at least 70 ETH, then swapped it for LTC, stupid mistake. Not that LTC was bad, ETH was just worth far far more now. This was back when coinbase first listed ETH, if only I held and kept on buying it. Timing the markets is hard, when do you cash out ? I bet lots of people might of bought BTC at $800 then sold at $15000, would you hold or sell ?

Xiximaro

You either have Zcash bags or just don't know how adoption works... Monero got adopted fair and square, it got it's untraceableness noticed by Government which demanded delisting in CEXs. In the meanwhile Zcash got developed somewhere in the timeframe but lost the Race... só to speak it didn't even poses a threat, because CEXs don't even care for it. This is the same story about a whole lot of Coins that are better than BTC but still all don't even compare to it's adoption. Monero will only lose adoption to Zcash when it's gets obsolete/lost and Zcash or whatever whichever coin replaces it and actually proves it can't be messed with

Negative_Salt_4599

Yeah honestly OP. I think the cashing out days are done. Blackrock is her and Saylor is here. ALTS literally did nothing outside the top like 10 and memes did such a crazy cycle like there’s 30 million tokens out there. Other than BTC crypto will always be high risk most likely not gonna win digital gambling at most. Good luck.

jkl2035

Got your point - I think the migration path for centralized systems is much clearer and several companies are already working on it/are already migrating. For decentralized Systems like BTC consensus is needed, I think to get there it will take ages, the current proposed migration path have controversal points I expect not easy to solve (most prominent one what to do with lost/Satoshis coins)

Vipu2

Is this the moment you become BTC maxi?

OrdinaryPitiful

Wait.. if I put like 100 bucks into BTC and it’s now worth 1k if I took my 100 bucks back out and left the 900 that would 100 be taxable? I was always under the assumption you could pull your initial value back out

justcurious3287

I know, I just can’t figure out that you should buy BTC when it’s cheap, and hold when the price explode. I also can’t figure out that you should look for sales when you go shopping, so that you pay less. I need guidance, you guys. If only I had a smartass on Reddit to help me!

Alpha0821

Indian workers sending money via BTC….

jkl2035

I don‘t think quantum computing will destroy crypto, I think cq is forcing crypto to develop further. What I miss currently is an open minded willingness to discuss potential migration timelines in the crypto community. Take BTC, BIP360 is now more than a year in discussion, I see several controversal points in the discussion, but we‘ll never come to a point to perform a post quantum Migration for BTC if people are not willing to discuss how this can be acchieved. All this in the whole knowing that we don‘t know when a potential threat will become real-life.

justcurious3287

BTC is the GOAT of crypto, actually. Investing isn’t my thing, but somehow I knew that? Hmmm.

Funnyurolith61

You can check HTX, it has around 3BTC per day non KYC limit. You might need to lose a decent VPN if you're in US/EU

FromThePits

If Blackrock owned 100% of BTC it would naturally become worthless. Just a Blackrock IOU with no trading or demand. Thats not what I'm saying. I predict thousands of BTC holders in the next decade. But they are all institutional and they will trade it amongst themselves as leverage and powerplays. If you don't plan for it, your family will not be part of it. None of them will hold 10 BTC or 0.5 BTC or just 0.00000596 BTC (one block reward next century). They will not be part of that party. Maybe BTC will just be a distant memory, that grandpa Reindeer used to ramble on about, while he looked regretful upon their parents.

Jealous-Reindeer-610

so you are HODLing , and you have traded sats and so like all wealth, it ebbs & flows in totals , due to trading, which is basically what its for (a means of exchange) you still have a reasonable amount (your store of wealth), and you think that somehow people will run out of BTC? ,unlikely as a consensus would have to happen , all nodes would have to shut down and stop communicating even though they are connected via HTTP or TCP/IP internet protocol was developed to survive communication even should a nuclear war disrupt communication , you are talking a very hyperthetical what if that is highly unlikely - If Blackrock owned 100% of BTC and bitcoin nodes it would have bought them off the previous owner via a trade of a centralised stablecoin or an Alternate Blockchian & then the BTC would be worthless, why woulld they reinvent the wheel decentralised consensus controlled limited supply and digital cryptography / math is part of the universe, it will never lose value

FromThePits

Probably more than 70% if you count ETFs and various bank-solutions. But everytime one of those individuals sell some - there's a very good chance it will go to the treasuries of one of the worlds conglomerates, and never leave that coffer again. In a few generations, all common individuals will have bleed their BTC inheritance, because of - well life really, with all of its unavoidable crises. Unless you plan otherwise, those BTC of yours will leave your family bloodline eventually. That is just a fact of life.

Potential_Bison_2468

98% BTC and pocket change

PEAQONAUT

If ALTs aren't required why do they exist at all? Because they are very much required. Patience is the hardest for most, as they constantly monitor their portfolio during a downturn, buy the fear sell the hype. Now is a buy fir ALTCOINS, and be strategic about it. Alot are bouncing off their lows and jump 10-15% then traders sell, they are accumulating free carry and some taking quick profits. It will be a couple of years but 2028 is the next BTC halving so 2029 is my tip for new alt boom

FromThePits

I'm all for holding as much sats as possible, and skip fiat. I have even publish a method to airdrop BTC to the next 4 generations of my descendants. But I also realize that it is most likely that I wouldn't get back to having the amount of BTC I had 6 years ago. Even with a diamond hand mindset and hodling for dear life, as I strive to do. This goes for almost every BTC holder too. Maybe you are the exception? Every circle it gets harder to redeem that old level of satoshis. This will never change. Eventually everybody will run out of BTC. The house wins. (institutions). Opportunity missed.

IvarThePhoneLess351

You haven't really been in crypto until you sold your BTC to buy a BMW then sold the BMW to go all in on "Texas Rodeo BBQ Sauce Steakhouse Token" then watched it all go from $55k down to $5.55 then got a divorce because how dare you be a filthy degenerate with no financial literacy like they know what they would do in the exact same situation.

jkl2035

Tell me how BTC will face it - people always answer like that. Have you checked out the current proposals - I take BIP360 because I know best about it and like Hunter Beast in his neutral, unhectical way talking about it. After consensus is reached (and I wonder how it should reached in a Short Hand discussion) it will take 3-4 years (own estimation by BIP360 team) to migrate the chain. This would involve burning Satoshis coins which will be discussed controversal. Man, we have to take this more serious and stop talk about FUDing and generic phrases like „we solve it when it’s needed“

Jealous-Reindeer-610

Lol , anyone with 1000 Sats more than anyone without is going to be wealthier 21 million BTC is it, there will be no more .you are coming from a fiat mindset , your BTC will be at the Value you place on it, what ever price you pay, exchange or value it at is the price at which you deserve. 21 million BTC will be split ownership by every human on earth , those who have and those who have not , nobody will own 50% of the supply; if they did they would trade it eventually over the decade, BTC is the ultimate commodity BTC value is a straight line and Fiat currncy value is a red candle going down , your mindset is the issue

FromThePits

Except my point is that common people will not own BTC (or just own fractions of satoshis). Your bloodline will not become BTC holders. The institutions and conglomerates will eventually be 100% in control. There's nothing really we can do about that... but if we think ahead, we can at least secure our own family for generations. Whether this is worth doing, is up the each and every one of us. But we have the knowledge and the opportunity to plan for it right now. Our grandchildren won't have that option. Your BTC will behold to someone/something else.

ChristopherFromAus

I think this is one of the more reasonable things to sell for, a property will go up in value too don’t forget. Also note that some banks or other places actually lend against your BTC so you don’t even have to sell, incase you didn’t know Of course your borrowing money to buy land in that case and have to pay interest but just letting you know 👍🏼

RealEnnie

I hope you bought your weapons on bundle sale and the rest put into BTC.

ChristopherFromAus

It’s easy to have regret in hindsight, but if your dog lived a bit longer, I don’t doubt you wouldn’t regret it, you’ll be rewarded my friend. In my eyes You’re wealthier than most people in the world even without the 9 BTC.

FootProper568

I have 20 BTC and still feel like I don’t have enough. Short term, I have no idea where it’s going. Long term, up.

FromThePits

A bit slow on the uptake? Thats okay. Listen, if you sell it for USD/USDT or you exchange it for goods doesn't make any difference to the point I'm trying to make here, which is that whatever you're hodling right now - will most like be substancially less in the coming decades. It will be spend or lost otherwise. If not by you, then by your heirs. And your bloodline will not ever get back to that same level of satoshis owned. They will own other assets, and hopefully do well... but holding significant BTC will become a thing of the past. Now understand, yes?

Rare_Rich6713

I’m still holding XMN and SUI, no more buying alts aside that. Plus I’m 90% in BTC already anyways.