BTC

kgsphinx

The responses here clearly show people genuinely don’t understand the way Bitcoin works, either SHA 256 or ECC private keys. SHA256 has demonstrated a reliability to serve as a hashing algorithm. It distributes values evenly over a 256 bit space when fed a set of input bits, and it is not reversible. It’s an egg scrambler and it does it nice and consistently. It is certified to do this, and if there was a problem, that wouldn’t crack Bitcoin. It would only make mining it a little unfair for people who didn’t know the hack. The reversal of public to private keys is large discrete log problem that people theoretically believe is possible with quantum computing. I assume Chamath is saying AI will help advance quantum computing somehow. BTC uses the secp256k1 elliptic curve. It would currently take 2 to the 128th power ECC computations to guess a private key from a public key. Even parallelizing this with a billion CPUs that could do a billion ECC computations per second, it would take 11 trillion years to crack a key. Will quantum crack Bitcoin soon? Probably not, if you paid attention to the last OP\_NEXT conference. Not to mention every quantum related company that I’ve seen has either pushed off its goals several years or gone bankrupt.

Blackfish69

That’s fine and dandy. My point is that if that is the only way to $1mil you’re really limited to cheering on the end of the modern world. I disagree that that’s a requirement for a pricey BTC. Also, a much better runout if it doesn’t play out like that.

Enough-Possession-70

You bought your first Satoshis and you now got 4839. That's not even 1 milliBTC (mBTC), its just 0,0048 mBTC (1 mBTC = 0.001 BTC) #NotAddingMoreIsntAnOption

JimmySki6166

Have never used BTC for any transaction, just purchase and hold. I’m trying to accumulate as much as possible to pass onto my daughter, so she doesn’t struggle after I’m gone

beershoes767

Not really. If BTC chops sideways for the next 2 years you would have doubled your $$ in xbci

HeyItsTimT

Sure, but the same argument can be made for the dollar. 1USD=1USD just like 1BTC=1BTC. We don’t think of the dollar in this way until you look at its purchasing power over time. The dollar has always gone down, and BTC will continue to trend up.

Icy-Chemical6699

As it’s always been it’s up to the people to decide what they will accept as payment…BTC value comes from the expectation of worth…the 99% of people just want to be able to go to the store and live in their own home and take the kids to Disney or whatever it is they do for fun…early btc value was captured from illicit markets like drugs and as the idea of internet money became more normalized average people were buying it and that investment risk paid off to the moon. Big money hears and starts to takes notice bc that’s their game. They start hedging and governments want their piece so they start creating regulation…it snowballs from here. It’s a store of value,a payment system, but most of all it’s acting like an inflation exit strategy… it’s ledgered and now with kyc, controlled enough to let the government take it /track it / manipulate it - to the best of their ability…but since it’s world wide it’s making all the controlling bodies of the world fight on the same playing field…the only way btc looses is if the trust /faith is broken…maybe quantum, maybe satoshi coins start moving, maybe Elon decides he wants to ruin saylor and goes to war on btc…anything is possible but it seems way more likely that AI demands digital and blockchain is here to stay. As always, it pays to be first and btc is the Xerox of digital currency

MrMoo151515

You’re absolutely correct and I agree with you. If the end game of BTC remains a store of value and an investment vehicle to be paper’d over in the existing credit system or some other alternative it will fail. You see it all over the place. People will cherry pick all of the properties of BTC that makes it sound money and then go on to explain why that makes it a good asset class or investment vehicle. It’s quite contradictory. The most important metric in Bitcoin is Adoption. And unfortunately the biggest initial adoption metric is number go up in terms of Fiat. Bitcoin adoption isn’t just the amount of people that own it. It’s the amount of people that own it and use it. The amount of businesses that receive it. The bigger that number gets the better. Ideally we reach past the fulcrum point where people want to earn in BTC. And companies preferred to be paid in BTC. The world where everyone earns, spends, and saves in BTC is a bumpy road as it will be met with insane amounts of resistance. So unfortunately, adoption is number one metric. Biggest driver of adoption is number go up. It will take a long time for the FIAT credit system to run its course, and people will get “rich” along the way utilizing BTC as an investment vehicle for more FIAT, but eventually those games will run dry as well which will push people towards the real purpose of BTC and not the games on top of it.

jojowhitesox

I'm in my 50s, man. I've been holding for over a decade. BTC is not my retirement fund. It was meant for a wild investment separate from my 401k and other savings. Investments are meant to be realized eventually...and that what I do. Sitting on an investment that has increased significantly to the day you die does you no good. Is saving for the future important? Absolutely. But so is living life.

VettaQ

Three observations is not a distribution. Conditioning on 'exactly 535 days before the halving' selects three points on one asset's price path, and a median of n=3 is just the middle of those three numbers - it carries no dispersion information at all. The way to test the halving-cycle claim is to define it before looking: pick the window, the decision rule, and then count how many 535-day windows in BTC's full history rose over the following stretch - there are thousands of overlapping ones, most tied to no halving at all. If the pattern only shows up when the window is anchored to halvings and not to arbitrary dates in a similar trend regime, that is a finding. Otherwise it is a story about three numbers. It also helps to separate the two claims being made: 'higher by halving day' is a weakly testable path check, while '\~$228K' is a level extrapolation, which is not a statistic at all - just arithmetic on a median of three.

MintTrappe

cracking BTC's cryptography and/or getting access to the 1M+ BTC in long-inactive wallets with exposed public keys

TheBigLR901

Ask your favorite AI. The step-up in cost basis on inherited BTC may be a huge plus in some cases. IRS also treats any BTC as long term investment when you receive, could be lower tax during a taxable event. If it was from a retirement account there are different rules not to your favor. Also could be considered part of the estate and taxed, but only if the estate is over $15M.

Historical_Task_7100

I’m heavily invested in BTC and believe in the thesis far beyond speculation. I haven’t sold a single sat since around 2019. I’ve only added through lump sums and consistent DCA. That said, I honestly don’t find either of those endgame scenarios plausible: universal adoption as a form of payment alongside fiat, or Bitcoin completely replacing fiat currencies. I think its role could evolve into something else entirely, particularly as a global, neutral, scarce asset and a store of value outside the traditional financial system. And I agree that 2028 is an arbitrary horizon to judge that thesis by.

enpoopification_of_R

You've been in the game for a while. How often have you used BTC as a currency/to buy things during that time?

IlbColdOnes

Bullish that BTC will outperform other asset classes by exactly 80x over next 10 years. Thank you,

RealLilacCrayon

Someone said the 3$ missing is fees but that may not be true. Stop thinking about dollars. If you have Btc then check how much you bought. 350usd is roughly 0.00437 BTC. That’s how much you have. It’s like saying you bought 100k worth of a car and now you only own 70k worth of a car. You bought a car, and you still have that car. Its value changed.

FuckTwelvee

Keep waiting on BTC as a universal payment.

rexaruin

My prognosis: it will outperform the stock market (index funds, not all individual stocks) and real estate over the next 10 years. I sold my rental property last year to buy BTC-adjacent assets. That’s how bullish I am. Real estate in particular I think is going to go through a rough 5-6 years. Flat to declining appreciation and rent growth. COVID basically sped up 10 years of appreciation into 2, it needs to come back down to reality. No crash, but slooooow to no growth for the next 5-6 years. Basically, income has to increase enough to make current housing prices affordable with normal interest rates, that’s going to take years. As for long term BTC, we have never had a fixed supply commodity in history. I expect some massive price swings, but it’s going to take longer than people expect (20+ years) to really catch on and become mainstream.

kevin-creates

Just watch... Chamath will be yet another BTC Mega-Bear to eat his words in a few more years and look even more like a fool than he does today, spouting this nonsense on podcasts. I'm actually surprised that Peter didn't push back more on him. Peter is a pretty big bull on BTC as far as I know. Am I wrong? Funny to have this podcast come out the same week JP Morgan Chase released their report on BTC and their 180-degree about-face.

Dapper_Broccoli_1643

The government backs those. Bitcoin is not backed by anything. So if ur BTC is stolen u can never get it back. With a bank you can.

Sprunklefunzel

Bitcoin has no top because FIAT has no bottom. So yeah... divided between wanting my BTC bag to appreciate, but sad that it probably means lots of poor people who had no way to save up in hard assets will get wiped out. Bullish with caveats I guess?

Ok-Neighborhood-15

BTC is old bro, new technology is right on the way. Remember my words.

tenor_tymir

20BTC easily turns into generational wealth in the next 20 years.

tenor_tymir

You think with 99% supply in circulation and the US building a strategic BTC reserve, it has *not* matured yet?

JimmySki6166

I agree! I purchased 20 BTC in 2020, been holding ever since and adding to it weekly! I’ve been up and down like you said, but never under the price I purchased for. I’ll pass them on to my daughter!!

tenor_tymir

I’m 100% in BTC, it’s my retirement. Meaning, yes, I am super bullish. BTC is the only asset i can understand, the stock market is illogical and fraudulent.

braamdepace

Lots of places you can use a BTC credit card.

TheRadishBros

Every 4 years the block reward for mining BTC halves.

cipherjones

If I bought a $80,000 worth of S&P the first time BTC popped 80k I would have $102,000 right now. I would have half a million in 2039. At the current bitcoin price action for the past half decade it would only be $180,000. So gambling.

Ok-Neighborhood-15

I'm from the future and BTC is dead in 10 years. Thank me later

Aggravating_Wrap6763

There will be individual stock that will outperform BTC, but these will eventually subside. BTC will have a longer lifespan than probably most individual stocks.

Legitimate-Net-7744

I believe that Bitcoin will you give 2x more returns than stock market over every 4years for next 2 cycles. With Sp500 you 2x your money every 7years. It means I hope to 4x BTC during those 7 years. 4x gives my good early retirement option.

Sudden_Onions

They also said it's too volatile to be recommended as part of an investment portfolio. Here's what I don't understand about their analysis. They seem to be suggesting that BTC will become a more attractive safe harbour due to global uncertainty elsewhere. I haven't looked into the nuts and bolts of that, but I'd hazard a guess that they're predicting trouble in the stock market if/when the AI bubble bursts and we realise we don't the equivalent of Google, Ask Jeeves and Yahoo for AI. On top of that governments are trying to cut their debt levels which is making bonds less attractive. If you can't put your money in bonds or stocks, where do you put it? BTC ought to be one of the answers to that question. So, if JPM are correct, why isnt the price steadily rising already? Is this just too long term for the market? Is there money to be made on other investments before making that switch?

Forded_Fiction24

I'm very bullish on bitcoin that doesn't mean I don't see the advantage of diversification.  Bitcoin is a long-term play. Short to medium term volatility is unpredictable. Individual equities are a lot more predictable and transparent with quarterly earnings reports along with fundamentals that can be tracked and educated guesses can be a little more accurate. For this reason I invest in equities over the short to medium term and then take profits on gains and rotate them into BTC for the long haul.  Ironically, I hold much more Bitcoin now because I didn't just invest in Bitcoin. I fund my Bitcoin through profit taking on other assets. Holding only Bitcoin is financially limiting due to this reason. Different investments have different time horizons for return on that investment and we all know Bitcoin is a longer term investment.  I've spent some back in 2021, wiped out my debt. I've continued buying since then restocking what I sold for cheaper, and the rest I'm holding either for a retirement or to pass to my kids

Crowdfundingprojects

70% all NW very bullish. But that may be either due to early investment or calculated retention of the NW in BTC. I am assuming you are entirely comfortable at the moment with that part being BTC. Do you have a fix sell ceiling you intend to sell your non-inheritance portion at?

Fangletron

What do you mean eventually?  All the systems that are being used for hot or cold are being hacked or have been hacked.  Now the hack he is talking about is allegedly only possible by Quantum in 2030 so that means the Believers need to harden BTC asap.  How’s that going? Also, the Great Hack will come first.  The Great Hack will take out all institutional investing, local payment systems and underlying global internet network in general.  This will decimate financial and business systems for months or longer.  

Hazys

For me is trying to withdraw back my initial investment on BTC. Once I get back. The rest still inside my BTC wallet are just Free money , money working for me. Cross my fingers I can hit the target. Of course I can no need withdraw. As I still have money elsewhere to spend for daily need , bills etc. Have to depend along the way. As we never know the future.

AutoModerator

Post is by: sylsau and the url/text [ ](https://goo.gl/GP6ppk)is: https://inbitcoinwetrust.substack.com/p/the-quantum-clock-just-jumped-forward **The Quantum Clock Just Jumped Forward—And Nobody’s Talking About It.** 🚨💻 While the public debate over quantum computing "FUD" went to sleep, the mathematics of attacking Bitcoin’s cryptography did something unexpected: It didn’t just creep forward. **It sprinted.** 🏃‍♂️💨 Over the course of 2026, a quiet convergence of frontier cryptography and autonomous AI coding agents has completely slashed the mathematical requirements for breaking `secp256k1` (Bitcoin’s elliptic curve). **Here’s the wild reality of the Quantum vs. Bitcoin race:** 1️⃣ **The Algorithmic Crash:** Modern estimates used to state that breaking Bitcoin’s cryptography would take \~2,300 logical (error-corrected) qubits. Google optimized that to 1,175. In the latest ECDSA(.)fail study by Jieyi Long, AI agents helped push that requirement **below 900 logical qubits**. 📉 2️⃣ **The Hardware Promise:** IonQ’s recent full-stack analysis estimated that breaking a Bitcoin private key would take roughly 20,000 physical qubits. Yet, IonQ’s official roadmap targets 20,000 physical qubits and 1,600 logical qubits by **2028**. 🗓️ *Yes, just two years away.* **Is this the end of Bitcoin? No.** A corporate roadmap is not an active cryptanalytic weapon, and continuous 26-day fault-tolerant runs across 20,000 fragile qubits remain a massive engineering challenge that traditional titans like IBM and Google estimate will take until 2033+. **BUT, we can no longer ignore the speed of the math.** Because upgrading a decentralized, multi-trillion-dollar protocol without causing panic takes 5 to 7 years, the clock is ticking for Bitcoiners to begin preparing. I just broke down: 👉 Why AI and open-source research slashed the math in months. 👉 The "Physical vs. Logical" qubit gap & the real danger of IonQ’s 2028 timeline. 👉 Why modern hashed addresses (`bc1q`) are safe—but 6.9 MILLION BTC are sitting in an exposed bullseye. 👉 The roadmap to a post-quantum Bitcoin (and what you should do with your own keys right now). **Don't panic—get informed.** *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.*

Hazys

Better buy now. Last time I still a noob only know how to play , having fun never know about BTC. I already miss the boat. Thus this time I will not. Those in early 2000 into BTC already profit a lot.

Ok_Knowledge_4977

I think the bombing of Iran is about to start hence BTC is dipping over the weekends?

baked_jake

all I do is stuff my self custodial wallets with BTC and sleep easy

tenor_tymir

Depends on what crypto you’re trying to move? If it’s BTC you have some good choices with Blue Wallet, Blockstream BTC Wallet or Electrum (for Android only). If it’s about shitcoins, I would not trust a single hot wallet out there, the attack surface is huge when connected to the internet.

maxglan123

I don't think it's luck. This address got 5 of the 301 blocks mined between the first of these and the last, which is about 1.7% of the network, or roughly 18 EH/s. A miner that size finds 2 or 3 blocks a day, so 4 in 20 hours happens about one day in four. It shows as unknown because the coinbases carry no pool tag at all, only the block height and an extranonce, so [mempool.space](http://mempool.space/) has nothing to match against its list of pools. The more interesting part is where the money went. Block rewards can't be spent for 100 blocks, and the first one was spent within hours of that wait ending. It was swept together with 107 small coins from 86 other addresses into a single output, sent to bc1qfuq4ld6arx2nhfdrazxj5fk3hvdwm84hqsat42. That address has moved about 7,700 BTC across more than 1,300 payments. So this isn't someone's garage rig. The rewards land in a wallet that handles a lot of other money too, though that still doesn't tell you who it is. And no, there's no way to tell from the chain. A block records the payout address and whatever the miner writes into the coinbase, and nothing about the hardware. 18 EH/s is also tens of thousands of machines, not one. All five blocks use the same address and the same coinbase layout, which points to one operator or one pool's software. A pool that pays everything to a single address would look exactly the same, though.

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Post is by: sylsau and the url/text [ ](https://goo.gl/GP6ppk)is: https://i.redd.it/0jyi9g1v2kxh1.jpeg **Bitcoin is 535 days from the halving.** The last 3 times BTC was exactly here, it was higher by the halving day. Every time. * 2015: +185% * 2018: +100% * 2022: +222% Median: +185%. **From $80K, that’s \~$228K by April 2028.** *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.*

0a0d0s0

Good points, and the growth one is fair. Even the Conservative preset gets to $1M by 2045, so all three presets assume Bitcoin keeps growing. You can type your own peak prices in though, so I ran your pessimistic cases. $3k a month for 30 years: Keeps swinging 50% but never goes above today’s price: about 36 BTC Swings but only tracks inflation: about 25 BTC Baseline preset: about 3.5 BTC So yes, the whole answer depends on growth. That’s probably the most useful thing anyone can take from it. On expenses, it does raise spending every year with inflation (2.75% by default, and you can change it), but you’re right that it doesn’t model a jump in medical costs later in life. The best you can do today is plan with a higher spend or a higher inflation rate.

SingularityXZ

Kids, to flex how rich you are, always buy BTC at the top and sell at bottom. This is a mystic art that has passed down to generations in secret societies.

Rainbowfartsss

All assets works as a escape from FIAT. Thats how its always been. For the rich, money has always been viewed as a medium of exchange. That is not a new thing that BTC brought to life.

BowDown2No1ButCrypto

I would also like to first give you my condolences on the loss of your father OP! Now to the advice on what to do with your newly inherited BTC. Listen to this redditor right here! This person has given you the most solid advice anyone could possibly give you. Me personally, I'd hold onto the BTC for the long-term! I don't know your age, but if you can hold onto it for at least the next 5-15 years, you'll have something that'll increase in value and be worth much more than US dollars even more valuable than it already currently is! Let's say if you have $100K worth of BTC right now, in 5-15 years it could be worth $500K-$1 million dollars. Your father was a very smart man, and I'm sure he was trying to set you up to be much wealthier than you currently are, and if he was still here and was able to give you the best advice, he'd tell you exactly what this person has just told you. I encourage you to do some research on the past, present, and future of BTC! Best of luck to you OP.😉🫡🙏

Romanizer

I am not Satoshi so that's not my concern. However, it's not wallet but wallets. Around 20,000 wallets with 50 BTC each. If we assume that a cryptographically relevant quantum computer is able to crack one key per day, that would take 60 years. Assuming they don't do anything else with it and the governments of the world believe they won't crack their encrypted communication.

EarningsPal

Don’t worry, that Indian billionaire just said ai will hack BTC and it will go to zero. That is the buy signal.

Sin-City-Sinner

And like I said, I have been banned from this Sub for talking about other assets, but what I said was not even bad and there were plenty of other people making comments that were more descriptive than mine but hey, it’s the number one BTC Sub so I just follow the rules. I don’t have to understand why they are. I just follow them because I appreciate being a part of this community.

Nidcron

I don't like doing stocks on my own, I'd rather buy and hold which is what drew me to BTC. I'll let some other guy take some fees to trade my stocks, otherwise I'll just hold them bags.

SomeonesSecondary

I faintly remember doing that many many moons ago when I thought BTC was just a stock that goes up and down…

JackofDiamonds732

Big BTC believer here. Butttt, If the system collapses you’re gonna need bullets more than any kind of currency

ellis1884uk

Well my 6 and 2yr old both have 21 BTC each, so you tell me…

Occams_ElectricRazor

No matter what you do, when you send the first transaction, make sure it's a VERY small number to make sure it goes through and you did everything correctly. I've heard of people sending all of their BTC in the first transaction and mis typing the address and it's gone forever. 

Efficient_Range1156

Get to 1 BTC

r2k-in-the-vortex

"Bitcoin being decentralized would make it more difficult to “shut it down”" You are understating it, Bitcoin is specifically built to prevent any sort of authority shutdown. What can be done is a fork, everybody agrees that the AI cracked BTC was crap, so lets carry on with a fork from before the crack, change some rules to prevent a new incident, whatever. Technically should be viable. I kind of doubt the pricing of bitcoin would survive that incident though. If it happens once, you are not going to regain trust by simply saying that we'll turn it off and on again.

captain_baratheon

Measuring BTC in fiat terms is a little ironic

ABahRunt

Proud of? Of course Retirement stack? Extremely unlikely. I don't think BTC is going to have inflation beating growth anytime again. Probably will just stay a store of value

CyanDew

imagine having just 10 percent of one whole Bitcoin. 0.1 BTC is roughly one out of 210 million pieces to ever exist.

drparapine

Time is more important. There are probably older bitcoiners who would trade 100 BTC just to be your age again. But manage to hold onto and not sell that 0.7 BTC, and by the time it’s your turn to retire, maybe you’ll even have enough to never sell it and just give that 0.7 BTC to your kids.

AtomicHurricaneBob

Even better, 1.1 BTC.

Reggi5693

Bitcoin, in the US is handled like any other inherited asset. Note the price on the date of his death. This is your cost basis. If you sell it today, you would pay taxes on the difference between today’s price and the cost basis. So, that is the good news. The second issue is where is it. If it is on a cold wallet, like a trezor, you will need to move it to an exchange to sell it. So you will need to open an account at a place like Coinbase. Link your checking account. Transfer the bitcoin to your “coinbase” account and sell it for dollars. Keep in mind, exchanges may be suspect of you dropping 100 BTC (I hope it’s that much) and selling them right away. You might want to check with their customer service department to understand their “know your customer” and “hold” practices. If you are moving large amounts it will attract attention: Attention from the IRS, attention from your local bank, and God knows who else. Keep very thorough and clean records. Pay whatever taxes you might owe. Don’t try to get “sneaky.” You are not as smart or crafty as the IRS or state tax folks. Being “cute” with the rules when dealing with big money (even if it’s just big to you) will end up costing you money. If you don’t want to hold a bunch of BTC, that’s fine. I think you should have some. But the key is that this is found money. If you are in the US, your tax liability should be pretty low because the basis has been stepped up. Finally, if it is a LOT of money you might trigger some inheritance tax issues in your state. I know in MA it would not take much to bump up an average household to near inheritance tax levels. Good luck with this. Thank your dad for leaving this. It’s not ”complicated” when you break it into bite sized steps.

Honu_Daze

You’re damn skippy - when it comes to BTC we are still early! Def regrouped, applying what I learned & am made immediate corrective course :)

mrpotatonutz

Meet the new FUD same as the old FUD “AI hacking BTC” is a ridiculous phrase, it’s just going to “hack BTC” last time it was Quantum computers

DrSpeckles

More than that it assumes it’s going to grow at all, and not decline slowly over time, which I think is more likely. The chance of it being around in 30 years are pretty close to zero. Maybe some crypto but too many flaws for it to be BTC.

No-Anybody2826

If he exchanged his Bitcoin holdings for BTC ETFs or stock in a company that holds his BTC, his investment is not shielded from a future Bitcoin hack. So more smart BS from Chamath

Savings-Following232

For capital gains purposes, you’ll need a day of death value of the BTC. If you sell it for less than that amount you can write it off a loss. Or only have to pay gains on the amount it went up.

TheBigLR901

Since Bitcoin is considered property by the IRS there might be special rules that apply in an inheritance of BTC. Im positive it wont be to your benefit but it beats going to prison.

Numerous_Shame_3832

Most of the advice is going to be to not cash it out (unless you really need it this second). Do a quick google of the 4 year cycle of BTC and see where we are right now in said cycle. I am curious (and I’m sure many others are too): can you tell us about the process of you gaining access to the BTC? Did your dad give you the info himself? Did the attorneys have documentation for you? A great source of stress for many of us is precisely the process of inheritance.

AdFormal8116

Capital makes capital - BTC won’t change that, it’s part of the capital society that’s why its price is where it is now - supply v demand. The main difference is no one entity is in control of it. So the market forces are free to do their thing. And for the avoidance of doubt, most in the west live better than kings did in 1883. That’s capitalism for you !

PovasTheOne

I was going to joke that my 13k moons alone was worth more than a 100usd but damn, its even worse than i thought 😂 shits worth less than 40 and i remember seeing that shit hit almost 7k for 13k moons…. If you dummy actually think that Crypto is in a good spot right now then you’re fucking delusional. Known about Crypto since 2017, been invested since 2019 so i am still in green, but unless you’re a BTC maxi, Crypto market is absolute dogshit today. Zero hype, zero good news, zero optimism. Even this sub, i have never seen this sub this fucking dead EVER.

caliprincejr

Him personally. He did this to both my accounts personal and business account. Basically think of it this way; imagine depositing your BTC, no positions nothing. Then imagine being locked out of both accounts and it being wiped as virgin accounts. Sadly I tried in 2018 and for years afterwards to hire a law firm. Most would say bitcoin? Whats that? Theres no laws for that. Also sadly, I don’t know any high powered political figures or anyone with power. At the same time when I was robbed my physical disability surfaced. I went from being an Apple employee to being disabled on social security and loosing everything and low income. He ruined my life.

poundsdpound

People are still going to be sleeping on BTC as a growing and appreciating asset for another 6 or 9 months after now

BILLYBUTCHER_2

BTC dropping hard right when you start living off it would be the real test. Easy to make the numbers work when you're assuming it'll keep going up 😂

Beaubeau13_

BTC is 10000 times more likely to go bust than the financial system.

Preme2

Why not? The cycle bottom is likely in. The bears have shifted their 50k BTC prediction to 70k. They’re just begging for an entry. If you’re a 4 year cycle person, you should be buying. Statistically, the stock market should do very well in 2027.

Wh-h-hoap

If AI blows fiat money up entirely in a short time, things are going to get *really* nasty whether you have your money in BTC, real estate or in guns and canned goods.

OneMathematician6617

Fear Porn Doomscrolling. Ai can’t write a research paper yet we’re worried about Quantum. These are theoretical hypotheses based on clever marketing and psychological propaganda. If Quantum computing hypothetically hacks BTC encryption in the distant future how are not all systems on the planet vulnerable?

yoobermcruber

It's just a meme and Dorian does not dislike bitcoin. Dorian has actually attended some bitcoin conferences. https://i.redd.it/qm6qhkrzul7f1.jpg https://i.redd.it/neybyxqzul7f1.jpg https://i.redd.it/xt3u8mqzul7f1.jpg Are you aware that bitcoiners donated 102.23377534 BTC to Dorian?

Successful_Ad_380

If BTC is not a "safe investment" then there is no safe investment. If BTC "gets hacked" then everything gets hacked. No investment anywhere matters, your money on the bank won't matter, that is, if that happens. I think there's a lot of fear surrounding AI including pessimism. It's not for nothing that our adage and core maxim is: HODL.

Veganarchyst

Welcome to Bitcoin But if you actually understand and want BTC you understand it's a LONG play If you are worried you lost $3 only 5 days after buying, then you don't underestimate Bitcoin

knightsolaire2

But that’s exactly the argument OP is saying you cannot do. They will restrict what you can spend the money on. Basically preventing you from buying BTC

Alexander-305

The "hacked by AI" framing mixes up two very different things 🤔 Breaking the math itself isn't something smarter software does. SHA-256 and the secp256k1 signatures don't get weaker because a model is clever, you'd need a new math breakthrough or a large quantum computer, and quantum is the threat actually worth tracking, mostly for coins whose public keys are already exposed on-chain. Where AI could genuinely matter is bug hunting in the client code. That risk has history: the 2010 value overflow bug minted about 184 billion BTC in one block and was rolled back within hours, and CVE-2018-17144 was an inflation bug patched before anyone exploited it. But that cuts both ways, since the same tools are available to the people reviewing an open codebase. So the honest version is "implementation risk never hits zero," not "goes to zero." Much less catchy as a soundbite 🙂

devCheckingIn

All the crypto YT channels are saying we don't need retail anymore. Saylor is just going to buy all the BTC and we're going to go to a gajillion.

Saintgein

Just arbitrary, if you want to do it the 25th at 2pm, same effect. Just make sure you keep on doing it. Like i said, when you get into it a bit more, you notice that you can change days to buy BTC to the red days, since those will give you a premium. Buying on red days is best practice.

inadyttap

I liked it when BTC is was $80k

Safe-Independent-300

BTC people is dead.

Plenty-Ad2945

I'm gonna be honest right here. This is straight FEAR MONGERING you are trying to incite fear among the newer crypto users and so is he. If you geniunely know what you're doing you truly do not need to have so many different wallets and different addresses for every coin. And like everyone else is saying, if they can basically break into and hack any btc address then actually if you think about it nothing is truthfully safe and you might as well just sell everything out of fear. That's the stupid mindset you are trying to herd people into like sheep. If you know half enough about Crypto and how to actually stay Safe on the block chain Do Not Listen To This Woman. I've noticed and it sounds bad ik but there's not a lot of women in Crypto that actually know what they are talking about. Controversial opinion and I mean no offense by it to anyone whatsoever it's just something I have noticed. Theres plenty of smart people in Crypto but between all the liars and Fear Mongering idiots it becomes hard for someone with little block chain knowledge, and knowledge of previous occurrences in Cyrpto to differentiate between the truth and someone just trying to get you out of your bags and get you worried to death. Is this something to worry about at the end of the day? Yes but not like we need to "go into a bunker mode" if you're smart your normal occurrences on the blockchain consist of what you could call a "bunker mode" anyway. Complete nonsense, BTC is not going anywhere theres too many institutions with their greedy hands in it along with Governments they won't let their big holdings be worthless one day mark my words

SpontaneousDream

[https://www.tradingview.com/symbols/XMRBTC/?timeframe=ALL](https://www.tradingview.com/symbols/XMRBTC/?timeframe=ALL) Nuff said. XMR/BTC still down -26% all time. Trend is clearly lower. It's just lower high after lower high.

Saintgein

Because institutional money is invested into BTC now, and they sure as hell won't let it go down this far, also because hey are actually buying every dip. Unless Russia fires a nuke or something, but then the whole world would be in flames anyways. You noticed this because after june the sellers ran out of steam real hard, the only things happening are short and long squeezes mostly, with sometimes a real push to the upside.

MatchboxVader22

Yeah I’m not complaining. When BTC goes up, I’m happy. When BTC goes down, I’m happy for cheaper buying opportunities. Always a win win situation.

devCheckingIn

And consider that's with a ton of ETH being bought up by BitMine. Though in fairness BTC's 5-yr chart doesn't look good vs. other assets either, despite all of the DAT accumulation. The price of these things is mostly set by gigantic institutional leverage trading now (i.e., paper). So all of the fundamentals and tokenomics and supply caps don't really matter.

heinzmoleman

FOMC meeting this week. Rates are probably gonna be hiked. Just means a bigger BTC discount

Altruistic_Meal_2867

He neither know BTC nor AI

SMIITH-

People dead is BTC.

Kazixt

This mentality, and the fact your ass just sold off, is exactly why it does go down when it moves. You've got millions of folks using BTC everyday and all are hoping it goes up. Yeah right.

G0D5M0N3Y

If SPY and QQQ drop 10 to 20%, BTC could revisit 60k or lower. Where we hope would correlate for a double bottom.

G0D5M0N3Y

False breakouts usually test double bottoms. Doesnt matter what technical analysts think about everyone waiting for 60k again or not. The rest of the world sees markets dump and sell crypto as well. They dont understand support levels, liquidity traps, false breakouts, etc. If S&P drops 10%, we could see 60k BTC again. Maybe even lower.