BTC

Ill-Introduction9513

Gold and BTC have very different investor bases. Gold is held by central banks, pension funds, and institutional investors as a traditional safe haven. it moves on macro fear. BTC is still mostly held by retail, crypto funds, and speculative capital. it moves more like a risk asset than a commodity.

HSuke

Rationally, the decision to sell was a good for shareholders. But how they executed it and the timing were horrible. * They did it a week after using up 70% of their cash reserves * They did it while BTC price is low * They did it while STRC was already far from par (possible insiders frontrunning?) They should've sold BTC dynamically a long time ago and not propagated the myth that they were never going to sell.

BitcoinMD

1 BTC still = 1 BTC Am I doing this right?

Local_Math_5512

BTC would have to go down 50% and stay down for over a decade in order to stress MSTR ability to pay it's dividends.

Ill-Introduction9513

Selling 32 BTC out of 843,706 to prove liquidity is like drinking one sip of water to prove the ocean exists.

Veganarchyst

You are playing into exactly what the capitalism fiat dollar structure wants you to think The Blackrock and Wall Street money systems are banking on you questioning and selling so they can take as much Bitcoin from you as possible That's why they sell off 1 billion plus in the largest single sell ever. That's why they sell off massively from ETFs, to make you question Bitcoin and sell yours When FTX and Celsius dumping btc under the 200 day moving average for the first time ever wasn't enough, now they are dumping their own creations by making you get out of their own ETFs, but what they really want is you being in max fear index and selling your actual coins - to THEM Regular folk in the retail class are not buying, it's so quiet in retail it's a ghost town Institutional and back door buying is gobbling up all the scared hands crypto Do what you want, but Bitcoin has fallen WAY worse than these drops in the past It's funny how scared and weak the people are around Bitcoin now compared with it's early days Don't buy into their manufactured fear. Don't sell BTC always comes back Look at its lifetime trajectory - it's always going up over time Bet on that Or bet on the fiat capitalism created fear and sell the only money you have that functions outside that 250+ year created pomzi scheme

Electronic-Leading71

Not gonna lie I feel the same bro I plan on holding and even reinforcing my position because now BTC feels cheap compare to ATH and I have some spare cash available But for the first time I am doubting myself and have second thought regarding reinforcing my BTC position… Might be the AI FOMO ? I don’t know, market feels weird right now

Rufuz42

What every responder in here is saying who is telling OP to relax has not said anything about fundamentals and use cases. It’s capital allocation, hedge inflation, etc. that is driving oscillating value. What has me pessimistic is that 15 years later and there is still no real use case for BTC or crypto generally to justify its market capitalization. Gone are the days of “just wait for institutions” and NFTs etc. There just aren’t use cases that justify the price. The market has spoken in that credit cards are preferable to transacting in crypto.

Calm_Situation_1131

The prior BTC run-up to $120k was an unsustainable fluke and a perfect storm of meme-stock trading, intense BTC ETF approval hype, and an exploitation of index inclusion rules. All three catalysts have cooled off but the index rules deserve the special attention because this was the primary factor in the $120k run-up. By aggressively issuing stock to purchase Bitcoin, MSTR and other DATs triggered billions of dollars of forced buying from passive index funds. MSCI’s latest framework neutralizes this "forced buyer" loophole by capping share-count weightings for DATs. But more importantly, DATs are at risk of being excluded entirely from the main indexes which would cause forced selling by the passive index funds. This means MSTR's and other DATs' share prices will get crushed and the firms won't be able to issue any more shares. Instead, the DATs will have to sell BTC in order to pay insane 11.5%+ and 13%+ dividends, on top of repaying \~$8B+ of debt, which are puttable or maturing the coming few years. The whole BTC buy pressure flywheel will completely flip to forced sell pressure in the near future.

Local_Math_5512

Unless the plan was to make the market panic so that they could load up on more BTC before the next bull run. The market for MSTR's credit instruments is massive. SATA is another comparable preferred instrument from a much smaller BTC treasury company (STRIVE). It has raised nearly $200 Million in one month on it's new preferred offering. Strategy has raised $6 Billion on it's preferred so far. People keep asking what the next catalyst will be. These credit instruments are the next catalyst.

Ok-Astronaut4952

I think people forget that every time there’s a halving, the actual effect on stock to flow/circulating supply is diminishing. When it’s such a microscopic amount of BTC getting mined everyday already, it’s not a big deal to cut that in half. Treasury companies alone will buy like 7 times as much BTC as will be mined this year

Socalwarrior485

You think they'll be able to raise capital until BTC goes up? Unless it's got usurious rates with covenants claim on the underlying assets, that seems unlikely. BTC would need to find a significant leg up from here for MSTR to avoid a crash. I'm not clear what the point of "MSTR is a company". It's a leveraged BTC treasury. This was seen a mile away.

Zestyclose-Power-132

I think you are wrong, i would say cycle would be defined by halvings? Or ATH to ATH maybe, i don't feel like dips of cycles are defining those cycles. Still what you doin is bringing the numbers of returns from dip of the cycle to its ATH is cherry picking to avoid seeing the real problem with diminishing of long term holding returns of BTC. If you are a trader and you simply say that BTC is a good instrument to trade from time to time i am ok with your perspective but what i criticize here is simply holding it over a long time.

HSuke

The timing of doing a test BTC sale **one week after using up 70% of their cash reserves** was a terrible idea. The market is pricing in a much bigger sale later on. If they wanted to avoid a panic, they should've used STRC ATMs to build up a pile of cash so that they didn't have to use up their cash reserves. Signaling that they're ready to sell BTC while they only have 6 months worth of cash reserves was a bad plan.

Local_Math_5512

It's far more good than bad. Convertible debt was dilutive to MSTR shareholders. Preferred equities are far far far less dilutive for MSTR shareholders. MSTR buying more BTC at a lower long term cost of debt is good for both MSTR shareholders and for BTC holders.

sckuzzle

> The BTC/crypto system was designed by nerds to be unnecessarily complicated, assuring normal people who don't have the knowledge to transfer money will never use the complicated system. Do you struggle to open a bank account, or to register to vote, or get your driver's license? It's really not that hard, there are already guides, and if you can't figure it out you might want to look inwards instead of blaming others.

HG21Reaper

This projection doesn’t take into account Michael Saylor’a Strategy selling BTC and tanking the market.

Ok-Astronaut4952

Still, there’s no need to invest in BTC anymore in terms of a risk reward proposition right now. You can get 75 percent of the returns just by sitting in S&P ETF’s. Way less downside, plus if the S&P crashes than Bitcoin will just crash twice as hard so it’s not really a hedge

Praebltch

Bitcoin IS the answer and Saylor is directionally correct, but he hasn't learned the one lesson that everyone in crypto eventually learns; if you leverage your Bitcoin in any capacity, you WILL eventually get REKT. Saylor decided to leverage his entire existence in the pursuit of purchasing more BTC... He even went so far as to leverage his company's BTC Treasury by issuing non-convertible bonds against its estimated CAGR. Bitcoin IS the hardest asset on earth, and it will fuck you in the ass if you bend yourself over with leverage...

Local_Math_5512

It is good for BTC. MSTR has raised $6 Billion from it's preferred offerings so far this year. They starting offering them it April of this year. Where is that money going to be spent? It's going to be used to buy BTC. MSTR can raise capital at a lower cost of debt long-term and it can use that fly wheel of liabilities to buy more BTC for MSTR shareholders.

Remarkable_Scheme888

Thats the beauty of this. NO ONE knows. We are just guessing. To me BTC is an obvious play for someone who can stomach the swings. But again to each their own. Obviously dont go all in because it may not work out but again - alot of these AI companies are going to correct. Just might be in 3,6 months or in 2-3 years. Best of luck

Suspicious-Skill1934

If you bought btc a 69k in 2021, if you consider inflation, BTC should be at 82k for considering equals. So perf is a bit disappointing.

Zestyclose-Power-132

Well i assure you AI will be much evolved in 2 years and BTC will be just like today. Since it doesn't promise anything other than storing value there is not much it can do really.

That_Style_3824

Worth separating two things people are conflating in this thread: **1. Realized-loss threshold.** Their average cost basis is \~$74k, so yes, anything sold below \~$74k locks in a loss on those specific coins. But MSTR doesn't have to mark-to-market the unrealized side until they actually sell — under the new FASB rules they recognize unrealized gains/losses on the income statement quarterly, but that's accounting, not cash flow. The "loss" only matters operationally if they're forced to sell. **2. Are they forced to sell?** That's the actual question. Look at the convertible notes maturity wall — most of their debt was issued at near-zero coupons with conversion strikes well above current MSTR equity. If MSTR stock holds above the strike at maturity, conversions happen and the debt vanishes (no BTC sale needed). If MSTR stock breaks down materially below strike + BTC drops further, *then* refinancing risk shows up and forced selling becomes a tail scenario. Historically, leveraged BTC holders selling into a downtrend has been a fantastic mean-reversion setup for BTC 30–90 days out — the supply overhang gets absorbed and price tends to recover faster than sentiment suggests. But you have to actually see the forced-seller print first; pre-positioning on rumor of "MSTR might sell" has been a coin-flip at best. TL;DR: the $74k number is a sentiment number, not a mechanical trigger. Watch the convert maturity calendar and MSTR's equity behavior, not the BTC spot vs. cost-basis comparison.

Fantastic-Athlete-71

The real issue is capital rotation and opportunity cost. Crypto (Bitcoin especially) rips when there’s no frothy, easy-money game elsewhere. Right now AI and all the AI-adjacent stuff is printing insane multiples of 100-300%+ returns in a couple years on real growth. Why chase a 2-3x in BTC when you can chase a 10x in the next AI play? So traditional markets suck up all the money and crypto just stagnates. But those AI gains have limits. Explosive growth can’t keep compounding forever. Once it normalizes, energy issues, regulation, or just the market pricing in the upside, the rotation will flip fast. That’s exactly when Bitcoin’s fixed supply starts looking like the no-brainer inflation hedge again. So yeah, this feels like the calm before the storm. Next 5 years I see a slow grind through the rest of this AI cycle, then crypto takes off hard once the traditional side cools down. Inflation isn’t going away. My plan is to Hodl through the boredom, the setup is actually stronger than it looks/feels.

PeeOnDusk

I’ve been holding 10 years. I also feel like this is the worst bear cycle. The 10/10 crash was half a year ago, with still no explanation. No ftx, Terra Luna, mt gox, or other contagion this cycle. Yet we are still down 50%? Btc narrative makes less and less sense, 4 year cycle matters half as much every cycle. Shouldn’t even be a factor. Yet narratives like these become a self fulfilling prophecy. BTC cannot become a legit store of value if it continues 4 year cycles all the time. Institutions are here, and regulatory clarity is here. Yet btc still underperforms spy, gold, and many other asset classes. And still follows 4 year cycles.

Amazing_Rice_954

bitcoin will have its worst bear ever. The good thing about that, is that it will open all the MAXI's eyes that you cant just keep buying BTC. Which will make ETH popular. Which is good, because else if BTC is the ONLY coin to buy, I would say that crypto in general is dead soon.

Local_Math_5512

It hasn't been long and I'm already annoyed by the panic around this. MSTR is a company. It had convertible debt on it's balance sheet. That debt was going to come due soon. The maturity of that convertible debt would have diluted current shareholders of MSTR. Instead of letting this happen, MSTR sold BTC and cleared some of it's convertible debt. All future debt raised by MSTR will likely be through its preferred offerings of STRC, STRF, STRD, etc... Clearing Convertible debt and raising future capital through preferred equity liabilities is a not just a good thing. It's a great thing - for MSTR shareholders, for preferred shares investors, and for BTC holders. The panic around MSTR selling 0.0038% of it's total BTC holdings is just pure lunacy.

CODE_HEIST

This is why position structure matters more than the headline number. A huge BTC position can look simple from the outside, but the real risk is liquidity, financing pressure, market reaction, and whether selling changes the narrative around the holder. For traders, the lesson is similar: being right on the asset is not enough if the position structure forces bad decisions.

Local_Math_5512

It hasn't been long and I'm already annoyed by the panic around this. MSTR is a company. It had convertible debt on it's balance sheet. That debt was going to come due soon. The maturity of that convertible debt would have diluted current shareholders of MSTR. Instead of letting this happen, MSTR sold BTC and cleared some of it's convertible debt. All future debt raised by MSTR will likely be through its preferred offerings of STRC, STRF, STRD, etc... Clearing Convertible debt and raising future capital through preferred equity liabilities is a not just a good thing. It's a great thing - for MSTR shareholders, for preferred shares investors, and for BTC holders. The panic around MSTR selling 0.0038% of it's total BTC holdings is just pure lunacy.

jontychickweed

Sats and the art of BTC Maintenance 

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Post is by: Carter_LW and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1tuwy5k/btc_starting_june_weak_while_stocks_hit_records/ BTC closed May around $73,751 and started June on a weak note while the big equity indexes are still being dragged higher by AI. That split is more interesting than a normal red crypto day. If this were broad risk-on, I would expect crypto to look cleaner. Instead, the tape looks narrower: AI infrastructure stocks are getting rewarded, but BTC is still dealing with ETF outflows, liquidation pressure, and a softer monthly chart. For BTC, the question is whether this is just a support test after a weak month, or a sign that crypto liquidity is not participating in the same rally as equities. Are people here treating this as a normal reset, or as a warning that the AI equity rally and crypto risk appetite are separating? *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.*

no_choice99

After 6 years. You realize your altcoin won't ever come back. BTC stagnant like the USD. 

Electronic-Rate5497

I still have time to get to 1BTC

Remarkable_Scheme888

All the money is in AI stocks. Thats the speculative play for the last 2 years. Might take another 2-3 years before people move onto the next. But I think its pretty clear until there is a fundamental change in BTC - it will go higher overtime. Just brutal to take the swings.

shigydigy

I think I'm at the point where I'm waiting for BTC to go up again and then I think I'm checking out. All this research we've done and the index fund bros were right. Your normie redditor minded type friend who took the conventional investing wisdom has beaten you the past 5 years unless you got extremely lucky with timing. I still believe that bitcoin is an extraordinary achievement, but the world is too short-sighted for it. AI is the big thing now and they want pieces of the money flowing into that. I mean, AI agents have already agreed that bitcoin IS the money of choice for them, a digital native currency, but that doesn't matter, no one seems to care. I think a basket of high growth tech/chip stocks is just the way to go, or if you want a bit less upside but more stability, a broader index fund. Bitcoin is not dead but it's just not growing fast enough compared to these other choices which are riding the wave of momentum and the future.

VendettaKarma

When I got rug pulled with Reddit moons. Now I only look at BTC . Only thing left that’s trustworthy

Cerborus

BTC bottoms q4 of the midterm year and tops in q4 of the post halving year. This has been a fact for 4 cycles. Of course it will eventually break the pattern but you're a fool to bet against it. The 4 year cycle is also a thing in the stock market. The important part is when the market bottoms not when it tops. In my opinion it's a sentiment cycle and has little to do with the halving itself.

LaBeloMall

We're revisiting the March bottom, and like I said, we literally just got to this point one week ago so once again to think we are at the bottom because we've been in a downtrend for one week is silly. If you don't think we cant go lower, you haven't been in BTC long enough.

LordJamPunt

Ps: Alts losing bear fuel so quickly before BTC did, is a positive signal for the entire market, including BTC.

Rough_Wrangler2430

This is my problem with BTC, it’s always just a matter of waiting, but since it’s become a household topic who the hell has done that well out of it? Unless you were buying BTC pre COVID you’ll never see the gains that these subs hype up. The whole thing has become a hype train and waiting game

JeffreyDollarz

If one publicly traded company can singlehandedly tank the price of BTC, then it's not so decentralized anymore.

Rickard403

Most people calculate incorrectly. You can't use the last cycles data to predict the next cycle. 1.83x over last ATH won't work, just like using ~3.45x (from 2021 ATH) didn't work this past cycle. Calculating the rate of decline over ATH's is probably the best bet. Law of diminishing returns. I do not see us breaking $200k in 2029. Perhaps something like $180k range. I calculated $135k in 2025 and over shot that despite my conservative approach. Unless we hit a major supply shortage and people start panicking over having/not having BTC, then i recommend everyone lower those expectations. I don't see a supply shortage happening anytime soon.

erebus28k

that’s what I thought, but yeah seems to be identical. I’ve opened and closed cake wallet multiple times, and it’s still showing the same address which I sent the BTC to

No_Paper612

What happens when people stop buying MSTR? Saylor's kept the demand for BTC artificially high by diluting the shares of his shitty company and there's not enough demand to support the current prices. I'll buy in October when we're at the bottom, 4 year cycle is undefeated.

lexicon_riot

I get paid in BTC, so I don't really have a choice. I earn, save, and spend in BTC. Even if I were paid in fiat, and I decided to DCA X% of my salary in cold storage, I don't see how my savings would be undermined by also spending Bitcoin instead of fiat. Bitcoin's usefulness as a store of value is intrinsically linked to its adoption as a payment network, now and in the future. We don't speculate that Bitcoin will appreciate over time solely due to its design, supply cap, etc. but because we think the network will be used for payments more and more over time. I'm in no way expecting everyone to be as extreme as me, and fully live on a Bitcoin standard (yet hehe), but is it really that difficult to open up BTCMap, or find a Square POS, or visit [plebeian.market](http://plebeian.market) to sub a purchase you would have made otherwise? Bitcoin's future is in our hands, if we want to be more than Saylor's exit liquidity.

Medium_Change4574

He posted about BTC last week and price went down in that instant..

Reasonable_Leg_4664

This is why you should diversify young grasshopper. Don’t buy the hype of one asset class. BTC is great but diversity is awesome. Also, save some money to have fun, you don’t need to invest it all. Make a plan, stick to it and enjoy the ride.

Quixotus

I think the best strategy here is to slowly start buying once BTC enters the $51k region, and slowly DCA'ing all the way down to $30k, so that when it bounces back to $50k we are green and can start selling before the next leg down.

shadowlid

You just finished college and you are depressed? I'm finally almost done and I'm the happiest I've ever been, and happy I never have to go back. Also if you think you are depressed with Bitcoin just wait til later then year the the entire stock market collapses, you are going To be glad you have BTC and not worthless stock.

EndlessSummerburn

You are too young to be worried about this stuff. Even beyond bitcoin, you should have exposure to volitilary that most people would not stomach because you are 22. You have the greatest thing in the world at your disposal: time in the market. If anything, you should be nervous buying at all time highs at 22. For any investment. You want to buy low while you are young. Trust me, this is a muscle. I have been invested in BTC and the indexes for all of my adult life and the number ballooned. Seeing it go up and down over and over again eventually makes you unfazed by those movements. It's good to get used to, it's a skill. When you are in your 50s you can consider rebalancing but even by then, your investments will be so large it may not be as tempting.

tenor_tymir

It never looks like it until finally does. We’re in a bear market right now, that’s when you want to be buying. Don’t miss this opportunity and really, don’t look at the stock market, they have ups and downs as well. Chances are when BTC is starting to run up, the AI hype slows down and the stocks market dips down. Show some conviction.

GreatComposer85

Why are you investing in one or the other Keep your Bitcoin assets allocation small I only have 3% in Bitcoin and the market gains are more than offsetting the losses I've made in BTC

PhoenixProtocol

Of course, been doing it with BTC, individual stocks and ETFs for years

Difficult_Fact_2849

Dude you’re not going to get the same gains anymore…you’re better off in SPMO. Even if you want BTC just buy at the bottom at the end of the year.

Sea_Variety_1691

harder conviction test than 2022 imo, everything was dumping back then. It's very tough to see BTC bleed like this when other assets are ripping.

BidensLaptopp

That could all change very quickly. By end of year your BTC holdings could perform way better than mutual funds.

ShittingOutPosts

Ok, maybe you can explain how ownership equates to centralization for BTC. I can almost guarantee you will say their large holdings enable them to manipulate the price.

Over-Activity2877

My HYSA has outperformed your portfolio in this time frame... Rather than try to paint this as a reason to continue investing in BTC, why don't you diversify into index funds? If the big rollercoaster makes you feel sick, you can go on another ride and still have fun.

[deleted]

You win. My thesis was that BTC would not go much below $60K and would probably not even go below $60k. But I am going to concede early. Congratulations!! I how you make a lot of $$$$.

ShittingOutPosts

No, because they don’t control the network. They can’t just one day decide to change how Bitcoin functions, or it’s hard capped supply just because they own a lot of it. Maybe they can control price movements by buying or selling massive amounts of it, but ownership =/= centralization for BTC.

LaBeloMall

Umm you're explaining what a debit card/ATM is. They've also had traveler cheques back in the day. You're so desperate to defend BTC your making up scenarios now "I can withdraw money from a BTC ATM" - who tf has even used that? Also, a $50k Pokemon card is just as liquid and easy to move than BTC.

baIIern

People made fun of me for selling BTC for ETFs in 2025. My ETFs are at a new ATH. Thank you for your attention to this matter.

BostonFishGolf

Dog. Take care of your health. Build good habits, including financial habits. By the time you’re 35 you’re gunna be like “remember when I was upset about BTC at 65k? Now it’s at (way higher price)!”

hoppeeness

Are you serious? Xlm, solona, hedera, eth…etc. Why would you need or want to use BTC for that. It’s far too slow and expensive.

Odd_Balance7916

People here are diehard BTC holders. They don’t want to hear how good the stock market has been. I hear you, you would be up massively if you just did VTI/VOO/QQQ and chill, like ridiculous amounts. It’s normal to feel like you lost out on gains while BTC has done fuck all. That’s why you diversify. Good lesson here. Keep investing.

blaggerbly

He will be selling the ‘oldest’ bitcoin Saylor’s first purchase was >20k BTC when it was $12k in 2020. I’m no fan of him selling any but accuracy matters - if you’re not in the states of course.

BANKSLAVE01

Tired of seeing the rulebook and not the playbook on here. All these assholes talking about self custody when a simple mistake can make your money disappear. The BTC/crypto system was designed by nerds to be unnecessarily complicated, assuring normal people who don't have the knowledge to transfer money will never use the complicated system. If it really was that simple, there would be easy classes everywhere by now.

NurUrl

Everyone is shorting BTC... make some money and u do the same... then u take some profit and Buy BTC.

jeremiahcp

It goes beyond just its holdings. When communities like r/CryptoCurrency track this company's every move, it shows that its influence over Bitcoin extends far beyond the amount of BTC it owns.

jongolfpro

I was 100% wrong. Right now, it looks like everyone who says BTC follows the four year cycle is going to be correct.

Supaflyray

I love flying to any country and not having to disclose the amount of money I have to TSA on a plane. Try bringing $10k cash on a plane and see what happens. I fly worry free, with a liquid asset in any country. BTC will exchange for any currency I want, hassle free. Just because YOU have no use case. Doesn’t mean others don’t have a great reason to use it.

KoffieCreamer

And now people leech onto Saylor like he is some god. What people don’t realise is this guy will be the absolute downfall of Crypto. What happens when shit really hits the fan and he needs to liquidate? BTC will be below 20k and potentially much lower but no one wants to entertain that idea because it doesn’t give them the hope they desire. Crypto is cult like now where people won’t entertain a single idea unless it means BTC will be a million dollars next year.

Hitachi22

Their selling is going to snow ball into bigger amounts eventually, look at their ponzi STRC. It's crashing and they are going to have to sell BTC to pay those dividends.

Fit_Seaworthiness_37

BTC reaches lows 500 days before the next halfing cycle. That would be November 2026 this cycle. I expect BTC to follow this trend of down until then, stay flat for a year or so, then reach new highs of $180k-$240k by 2029. Yes I am buying some now!

Kind-Marionberry-333

Everyone who laughed at DCA is now crying while I'm just here buying $10-20/day... When prices go lower I double the amount for a while, when it spikes hard I cut it in half until I accept that's a new "floor" for a while. That alone has been huge and gives you a 2x bonus when you feel the market is up or down. It's like buying gasoline, I have committed to buying it constantly, I will buy it, but I'll fill up totally when it's very cheap, and maybe hunt for lower prices with smaller fill ups during high points. Treat it like that and stop trying to time it, treat it like gas, and eventually you'll be an oil baron yourself, because you don't burn your BTC.

lll_lll_lll

Ok but then explain why gold went absolutely crazy the last year. That is even more of a boring legacy asset. BTC is unfashionable right now but the future still has a place for hard assets. Once people understand that’s what BTC is it could surge again someday.

-irx

If it gets around 200-300 weekly MA, I'll start buying again for sure. Maybe we also get some good news of Sailor selling BTC around that time.

luvBitCoins

My fee amount was 0.00000091BTC/0.06USD. Tbh Idk how to check all that. I can remember when an OZ of weed cost Bitcoin with an S at the end LOL. Never looked into learning how to read the explorer.

V-Right_In_2-V

Gold has been used as a form of currency and store of value for thousands of years across all human civilization. It’s a physical asset you can hold. It has many uses outside of financial transactions ranging from industrial usage in printed circuit boards and jewelry. BTC has no use, cannot be physically held, cannot be used in machinery or electrical components, and ladies can’t put them on ear rings.

DontLook_Weirdo

This is a 15yr+ commitment investment, it's not something you're supposed to touch before that since it takes time for this kitty to purr. If you're planning on touching investments after 5yrs or so, then yes s&p will be the path. Only dump money into BTC that you are okay never seeing again, not something you plan on using - that's the gamble.

_-Drama_Llama-_

I'm not worried because I get a side income in BTC tied to the USD value. So when it goes low, and I accrue referrals - I'm technically getting slightly more bitcoin. Then when it goes up in value again that income was worth even more. Since it's an income and I spend it, I did a lot of shopping when it was near $80K, last bits on Sunday. If it had gone up the same amount it's gone down I'd be regretting it, but feels like great timing instead. So yeah. Since I'm not an investor/holder. I don't mind this at all.

liquid_at

Imho, looking at previous cycles where BTC has always touched on the ATH that existed before the current one before going up to create a new ATH. Based on that cycle, BTC should touch 60k before the end of the year, where the slow climb to new ATH for 2029 is supposed to begin. My personal strategy (not financial advice) based on these targets is to accumulate below 65k.

ioskar

Legal tender in sweden. No tax on BTC withdrawals.

JonnyBigBoss

Agreed. QQQ is slaughtering BTC. I'm not selling but this cycle was unimpressive. 

Character-Issue1788

On the Jun 2, 2026 snapshot I’m looking at, BTC OI was $114.5B with funding at -0.2%, while ETH OI was $64.5B with funding at +0.4%. That’s why I’d separate the majors from the XRP/alt breakdown here: BTC/ETH liquidations can be mostly position-size + leverage mechanics, but an alt wiping hard during the same move can be more about crowded local positioning and thinner liquidity. My framework: don’t just rank coins by liquidation dollars. Normalize by OI, check whether funding was already stretched, then watch whether OI rebuilds while price fails to recover. Caveat is liquidation feeds are noisy and exchange coverage varies, so I’d treat this as a positioning clue, not a clean directional signal tbh.

Comfortable-Goat-823

Sailor might have financing problems and tests if he's able to sell correctly, in case he needs to sell thousands of BTC at once. It's like a systems-check.

PartySheeper

Thank you, that’s actually very helpful. I remembered the AntPool case, but I wasn’t sure if there had been any other examples since then. In my case the fee was 0.47 BTC, so obviously much smaller than the AntPool incident, but still extraordinary compared to a normal transaction fee. I was able to prove ownership and control of the affected funds, which is why I was curious whether there have been other goodwill refunds in similar situations.

Typical-Snow3034

Hey! CoinRabbit team here. I would be careful with the word “withdraw” here. Moving BTC between your own wallets, selling BTC for fiat, spending BTC, and borrowing against BTC can all have very different tax treatment depending on where you live. Some holders look at crypto-backed loans when they need liquidity without selling the asset. CoinRabbit is built for that use case: borrowing against BTC or other supported crypto, with fixed APR for the loan term and collateral that is not rehypothecated. Still, I would not treat this as a universal tax shortcut. The tax side depends on jurisdiction, and liquidation can create a very different outcome from simply opening a loan. The clean approach is to compare three things before deciding: actual tax rules in your country, loan APR, and how much BTC drawdown your LTV can survive.

beanbalance

Tf, somehow I got downvoted when I said "it is always interesting when BTC dumps but alts go up (in BTC). Either we get an alt season or it is a bull trap for alts before major btc and alts dump." before this dump, few hours ago.

_Stylite

Yes but this bear market is different than previous bear markets. BTC is here and has achieved most of its growth - the upside is shrinking and the downside is growing.

Creativator

BTC won’t unseat the world’s strongest currency. It will unseat the weakest on its way to becoming the strongest.

Useful_Tangerine4340

people are dumping BTC like crazy

AttemptKitchen

All of this dumping because Saylor decided to sell 32 BTC to prove some point. Whatever he wanted to prove, the result was not good thats for sure.

b1mm3rl1f3

"Mt. Gox just moved 10,422 BTC ($739M) to a fresh wallet, its biggest transfer in months, ahead of an Oct 31 creditor-repayment deadline. the supply overhang is back in focus with bitcoin already at a two-month low." I've never felt more alive. Dump it with haste!

KoffieCreamer

If this sale he’s made has crashed the market like this then his BTC is more paper wealth that it already was.

oopssomething

BTC just smashed through $68k, double top bullrun confirmed?

hawkwings

Nobody truly knows why gold goes up or down and why BTC goes up or down. There are people who claim to know. There are people who guess correctly. People who guess correctly may think they know. In the end, nobody fully understands it.

Chirok9

I find Luno has very helpful information on crypto in general. They also give regular updates on BTC fluctuations and some interesting insights.

TheresNoSecondBest

>Has a mining pool ever voluntarily refunded an extraordinary transaction fee? In 2023 AntPool agreed to refund a mistakenly paid record-high fee of about 83 BTC, after temporarily freezing the funds and asking the sender to prove ownership via a signed message before returning the fee. https://finance.yahoo.com/news/bitcoin-miner-antpool-refund-record-044721508.html