BTC

awesomeplenty

Once $MSTR gets liquidated at $20k BTC

raar__

OKKKK first of MSTR at inception was 10 fucking dollars. So fuck right off. BTC going to zero, CUM coin hasnt even gone to zero. Who the fuck is TOM LEE. SRS fuck right off

ernis45

Yet you don't have real arguments. It's not about BTC, it's about human nature and how they treat BTC.

spydrthrowaway

Doesn't matter. @ 35 you did good weather you kept or paid off mortgage. Now you have a home, an incredible asset, that can be sold or passed on to future generations. You could imagine if the BTC gets to 100k or more but from most perspectives, you won.

YankeeDoodlePeguin

I'm waiting for Q3, I think BTC goes below 50k at some point this year

bowdenta

I'm short but thinking about when to start DCA. I've already set up an IRA with weekly contributions and buys into SP500. Its hard to time but then again OCT 10th 2026 is the obvious day. So before then I'll convert to a BTC ETF then (on fidelity)

MK2809

There was a bull market, BTC rose from the bottom in November 2022, and the fact BTC has been dropping since the ATH in October it would suggest the four year cycle is intact, not done for. I think only select altcoins made new highs, because retail were still feeling the pinch of inflation and QT, whereas compared to 2020 - 2021 they had stimulus and more disposable income in general. What will be interesting to see is if BTC will recover as quickly as past cycles, as I have a concern that macro economics could be bleak in 2027 and beyond, rallies in safe haven assets like gold are often a precursor for a wider economy collapse or slow down. And the uncertainty of Trump's actions will definitely extend up to 2028, unless something happens before. And of course, there is always the chance that macro economic factors actually improve in 2027 and BTC recovers quickly, we just have to play it from here.

Whelpshark

The only argument I can give is of BTC hitting such a low price the perception of that price being exceptional value , if based on the expectation of being able to at the very least double your money, (or more) when the next bull cycle peaks. Not exactly a factual argument. Crypto value is a pyschological social construct. The aim of the game is to guess when other desperate / delusional players will buy, at what price and for how long. In a way the real value comes from it being one of the few options blue collar Joe's like myself may just have an opportunity to create some wealth which can outpace the rate at which your money loses value over time due to inflation. These notions and the price over time patterns of previous cycles are what creates the illusion of value.

coolsnow7

Compared to other BTC bull markets this was a dud. The high was 60% the previous bull market’s high? Pathetic. 2021 was probably the last bull market. Bitcoin has been parabolic for a long time - an inverse parabola, and the first derivative is going to hit zero in the next 5 years. Watch.

HSuke

I wouldn't be surprised if MSTR shareholders attempt to frontrun this by dumping MSTR even more. Microstrategy has $8B in convertible debt maturing in the next several years. 5 out of 6 of them are below the average strike of $450. The price of MSTR is well below $450, so they will not convert to shares. Microstrategy only has $1.4B of liquid assets. Since they refuse to sell BTC, they will need to sell MSTR to pay back those debts, which will cause MSTR price to decline.

HSuke

They have $8B in debt maturing the next 4 years and $1.4B in assets other than MSTR and Bitcoin. If they don't sell BTC, they MUST eventually sell MSTR or raise money some other way to pay off their debts.

Any_Context1

1 BTC = 1 BTC and that’s all that matterd

Whelpshark

BTC will bottom this cycle anywhere between 60 -30k. Where exactly is anyone's guess.

actual-magic

There was - BTC went from ~$15k to ~$120k. Many missed it. And instead of learning from the experience and position next time "crypto is dead", they'll start buying in 2028/2029, missing another cycle.

ryanmemperor

I'd not be suprised if JE is much closer to crypto/BTC than what is publicly led on - I'd go as far to say he had a part in it's origin. If anyone ever needed a way to wipe their trail it would've been him.

Seattleman1955

He probably has .1 BTC for generational wealth for him and his offspring. It's a noble quest that he is on...

xarips

no? look at the 24 hour chart on BTC

K42st

When strategy buy BTC it doesn’t nothing to increase price you do know that right, BTCs price is based off liquid tradable supply not illiquid supply and illiquid supply is what strategy own they do nothing, buy just because someone else buys isn’t what increases price the only thing the makes price move up is when no one is selling when all sellers have gone out the market. Thats why anyone can buy millions and billions worth of BTC and not move the price that much that’s why when you see strategy or the like buying the price stay static, sellers and forced sellers tank BTCs price and that’s what’s happening now. Plus large buys aren’t done directly through spot markets they will be done in ways as to not move the price because that makes their buys worth while, no one wants to move the price on an item they want to buy lots of, and selling also unless they are forced selllers they will also sell through a back door price won’t move that much.

ThePugz

Keep in mind there are only ever going to be 262,500 Satoshi (0.002625 BTC) available for every single person on earth. That’s around $200 worth BTC. That number of Satoshi’s available per person continues to decrease as the population increases. Right now each Satoshi is worth around $0.0008 You’re hoping for them to go to $0.0002 to buy them. Just a little perspective.

Mammon84

Yeah, ETH and XRP barely made a new ATH and BTC could not even 2x its previous ATH. If this trend continues next bull cycle will be even worse. Crypto is slowly dying

SuitAndTiePorn

I was in college too. I remember it was the tenth anniversary of 9/11 and people were sticking the flags into the ground to memorialize the event. That day was so vivid to me. I look back and BTC was $6 I had a professor in college during the vintage bitcoin years who mentioned off hand how there is this new technology call Bitcoin and it was worth checking out. I never did check it out. There's no point to my rambling here. I just can't believe I can remember those days so vividly, like I can touch them. And yet they are actually so very far away from me And it's going to keep happening to me. There will always be something new that comes along that I will be late to the party on. I am going to spend the rest of my life looking back with regret on things I had little to no knowledge about.

PirateSKB

Nothing has made sense to me since 2020 tbh. All of this is just nonsense on top of nonsense, even BTC reaching $125k imo, but I just go with it at this point lol

itualisticSeppukA0S

I like the /r/conspiracy theory that BTC was made to facilitate https://en.wikipedia.org/wiki/Assassination_market and with blockchains popularity and the current chaotic state of the spirit of the times. Quite surprised there aint already a 'prediction market' profiteering from the Mario and _"Luigi_ game"... ... as BTC has little to no intrinsic value as there have been various attempt at making it a daily currency. Say from a nation adopting it as it's money. Sure some city's take BTC payments for property taxes. With pretty much everyone having a smartphone, what isnt it more widely adopted as the prefferred payment method? As long as people are treating BTC as a speculation investment. It'll be just that! If I could, I'd bet that narcissistic 0range egomaniac will die in an aeroplane crash. Proceeds to check Polymarket and Kalshi if that's an open bet.

Schrezberatina

There was a bull market, and there was an alt season. You said it yourself: Nov 2024. That's when it started, and it ended with the October crash. BTC reached several new all time highs. ETH got near its old all time high. Countless alt coins that were struggling were making comebacks. The difference compared to most alt seasons is how everything happened at the same time instead of in phases.

defeater33

Yes that is a very strong support there for BTC. After that there is 45-35 minor support. But only major is 25-29. 25-29 seems way to large of of a drop for people to sell at.

Petronanas

You are already way pass the chance of earning 100,000,000% return from BTC like the true early adopters of BTC.

Bronshtein

I know I know price models. But some version of this does make sense: https://charts.bitbo.io/long-term-power-law/ Or alternatively the BTC lowest price per year [here](https://scontent.fdxb2-1.fna.fbcdn.net/v/t39.30808-6/561833579_1410281737770324_7864667629794474878_n.jpg?_nc_cat=109&ccb=1-7&_nc_sid=127cfc&_nc_ohc=klOWSb3-CdUQ7kNvwGZkLrm&_nc_oc=Adljx1hKzGPkBBIxOyKsPjRETbNqsv6xEFBX1ikj0_d-_VzyLYbIYlc2j-ZKyD-iPdc&_nc_zt=23&_nc_ht=scontent.fdxb2-1.fna&_nc_gid=Qis5HV7RJu__1qi6IpB_Gw&oh=00_AfskrjrWydKpAul0fCpNlBMG3ic2U7AhJXLpl7GSinDbeg&oe=6984B751). The lowest price year has effectively trended up - 2 years didn't align but it was close enough. I agree with who you replied to, 40k is likely to be an absolute low but something like 60k is more realistic.

YankeeDoodlePeguin

What are you talking about? BTC, ETH, XRP, SOL and BNB all reached a new ATH last year. That was a bull market.

BlazeDemBeatz

We had a bull market it was just BTC only.

Clean_Difficulty_225

Implicated in this context means that someone is connected to some wrongdoing. Yes, him being "mentioned" in the Epstein Files is synonymous with being "implicated". How many times is he going to show up in the files as more information is revealed? I wonder, did he start investing heavily into BTC because of closer involvement? Is he the exit liquidity for all these *criminals*? Who knows, I won't speculate, but we already have the documentation that he paid to play, he's implicated no matter how you slice it.

Ris0Ris0tt0

Didnt you buy BTC with your loan? Dont know if you’re cooked already since we at 79k now but adding the newly bought ones to the collateral is a thing! Lowers your LTV

I_EAT_THE_RICH

By my estimates, BTC will fall to 35k over the next two months.

JRBetting

This is the way it goes over the years. Up, down, sideways, boring, fun, but it is resilient beyond my expectations. They have BTC ATM’s now. BTC debit cards. BTC ETFs backed by the largest holders. I don’t think you should panic sell. It’s standard business in this digital game. But I’m way more bullish than most while my I’m over here getting cooked just like everyone else lol.

jaraxel_arabani

My strategy is to set a daily amount When BTC loved up more than 2% I buy 1/2 that amount. If it dropped more than 2% I buy 1>5x that amount. If it's flat I buy 1x that amount. Sadly it's easier to do this dominated in fiat, I should really use sats as the unit or measurement

uthillygooth

Look up bitcoin power law chart.. Past 3 cycles BTC price dips barely above the power law support price during the 2nd half of the cycle. Sure, maybe it doesn’t but the history is clearly there. That price is a shade under 50k today

jizzinmyeyes69

Hahaha And Michael Saylor said BTC at $150k by E.O.Y 2025 I wonder how Michael is feeling these days....

Professional_Stop173

Why are people saying BTC will go to 50k?

Specialist-Jelly2571

A mate of mine was in a tight spot back in ‘16 asked me if I wanted to buy 1 BTC off him for 1k AUD. I remember it was at an all time high so I said no and got a bracelet for my cheating ex wife instead. Good times. Working my way back towards that 1 though

SmokesFlower

"Now i have only BTC left " - no you don't . You have an IOU on some exchange . Bitcoin in self custody doesn't get wiped out. In other words : Nacho keys , nacho cheese.

Mindless_Composer337

BTC soon $95 save my message

amoral_ponder

I thought BTC was the exact asset class for times like these.

Cute_Skill_4536

I used to think Faucets were basically a China based scam to trace people.. My brain was (arguably correctly) primed to see something for (effectively) nothing as a scam and looked for who wanted something from me I had some wacky ideas about BTC until I actually sat down and analysed how it all works

kevinmt39

There was only one thing that could break BTC. It was electing a life long con man. Time to start stacking porridge coin. Or just porridge.

Escapement_Watch

Those ppl buy BTC to get more fiat currency We buy BTC to get more BTC

Shot-Structure-1274

LOL, there's no revolution. BTC has failed as an asset class. The technology has also failed.

GreenStretch

Top 10 doesn't mean very much in crypto. It changes a lot. Peak this cycle [https://coinmarketcap.com/historical/20251005/](https://coinmarketcap.com/historical/20251005/) Peak 2021 cycle [https://coinmarketcap.com/historical/20211114/](https://coinmarketcap.com/historical/20211114/) Peak 2017-8 cycle [https://coinmarketcap.com/historical/20180114/](https://coinmarketcap.com/historical/20180114/) So which coins, excluding stablecoins, are in all three BTC, ETH, XRP, ADA BTC is the only one with a big increase in fiat price. ETH was slightly above its 2021 peak in this cycles ATH. XRP was also up, but was way down in 2021 with the SEC case. ADA didn't match its 2021 peak. SOL and BNB were in the last two cycles, but SOL didn't get anywhere close to the optimistic predictions expecting it to match ETH's growth between 2017 and 2021. BNB did well. DOGE and TRON were sort of odd shots with DOGE roaring in 2021 and TRON reaching its ATH this cycle. The other thing is its possible to buy former top 10 coins when they're massively depressed in the bear market and hope to take profits, even if they don't reach previous ATHs.

Double_Parking_4390

Allocation in my portfolio is: $BTC- 55%, $SENT- 15%, $HBAR- 15% and then $XLM, $XRP, and $DAG make up the rest of my portfolio. Did get away from $ETC and bought some more bitcoin after it tanked. Stock wise just $SPY and $VOO.

ChiefKene

You’ll be alright… but if you’re going to full Port your cash into BTC… please understand the risk tolerance lol

joethecrow23

Well there wasn’t much of an altcoin run, but I personally suspect that was due to meme coins siphoning away most of the non-BTC liquidity that would have otherwise gone into the stable altcoins

debilitatingjoy

It's 100% spendable through any number of means. Mine is tied to a Visa. I even get cash back in BTC.

LoveSexDraems

Waiting on BTC 8 month low any time now

Equivalent-Sort-2943

BTC received = Dollars spent/BTC price Let’s say Bitcoin is $90,000 per BTC. $20 / $90,000 = 0.00022222 That’s it.

Few-Jellyfish-4148

Learn what a bear market and bull market is, when I got in BTC was at 25-30k I know the bull cycle was over in October and im a newbie

Seattleman1955

It's too much concentration risk. You don't know what Bitcoin is going to do.Over the last 5 years my QQQ has outperformed by BTC, for example.

CleanUpstairs7593

So many people talk about $1m dollar BTC and then carry on about how they’re in it forth long game. Like HODL for 30 years. By that time the average home in America will be 2 million and the average salary will be 500k. lol What’s the fucking point.

JG87919

I stopped buying bitcoin and just use my credit card for everything to get it for free. Hope it keeps dropping for awhile so I can stack free BTC rewards

ecnecn

BTC will easily go beneath $60k soon...

Bubbacarl

Agree no crystal ball here just logic tells me that BTC is no longer a fringe asset. One day it will be a major currency for the world.

jozhn2997

Bear cycle for BTC, and of course the rest.. $48k by year end.. Hold your horses..

Abject-Shopping-4492

I am not buying BTC until I see a clear hold of a lower level and I thought it would have some support at 77000 area but it looks to me if that breaks it can get ugly. I would rather put my money ey elsewhere.

flapinux

Nah, borrow to buy BTC. Like the pros, no capital gains tax.

MightBeABot24

I buy 50 bucks a day no matter what. But when that rsi is below like 30 I buy deep Everytime. Just did 10k buy on eth and BTC

Willing_Coach_8283

BTC worst case scenario now is 35k based on technical supports, potentially way lower depending on severity of the stock market crash. Yeah, next bull comes in a few years and bring BTC to 150k. Gold at that point will be 10-15k

DOG-ZILLA

Gold is up 57% on the year and BTC is down 30% on the year, I mean...come on guys. What are we doing here? Let's be real.

Abject-Stretch-1187

Who’s “we”? Just say you don’t believe BTC will hit 140k but don’t include me or others who actually understand BTC’s value prop in your “we” as we are not the same buddy.

WeakEstablishment686

Yep good way to think about it, though essentially by 2140 all 21 million will be mined I believe since the new amount will be so small it’s rounded to 0. I know the price will eventually continue to rise, there’s more demand than ever before, it has largely followed the power law (though seems to have diverged with this recent drop), etc. My only concern is whether the net increase in demand will overtake the additional supply of coins mined. I know it seems obvious it should, but would love to hear some math behind this if anyone has something. Seems like we’ll have 330k BTC mined in the 4 year period from 2028-2032, less than half of MSTR’s current holdings. So as long as net demand > net sellers + net supply, price should rise correct? Obviously our CAGR will continue to decrease, but is there a scenario where it takes much much longer to actually hit $1M? Seems like 20-30% annually will get us there in 10-14 years, a beautiful 12x return on current prices.

Canine-Bobsleding

In no realm possible will you see a 20K BTC again. That’s looney talk.

benstheredonethat

New BTC price is: $🌚

Mean_Active600

Tech still permission-less and gud. Forced selling is not the same as BTC dead. “Bears make money. Bulls make money. Pigs get slaughtered”. Been a lot of oinking in the trenches…

Auxv297

BTC hit 75,644 on CB about 6 hours ago, so yeah , this guy has imploded & in total shock right now... I've been there years ago, I lost about $45K in Leverage Liquidations across 3 accounts, woke up to $0 balances. I Learned the hard way. I technically could afford to lose it, although it took away much opportunity to grow that 'hard earned' capital, it still hurts to think about. I never borrowed against my capital though, hell no. That's reckless risk that could be life ruining! To go into a loan/borrow/debt situation to gamble like this - that's insane.

Candid_Problem_1244

BTC would probably going to $0 eventually but you might never see it in your life time. Also, btc could dead but not the idea of freedom.

AnonymousSlothana

Id dump into Ada & Midnight, BTC, Sol,Xrp,and much more really. Looking for something you can natively stake.

ThingsInMyRoom

Rofl, downvote for what. BTC is 78K this morning. Another dude who leveraged is wiped out. As I said, fuck around and find out. There is no get rick quick scheme with BTC, until you get this through your head you should always have flipping burgers as your plan B.

Timely_Light8736

Buy BTC at 36k

theincognito66

I was saying something similar, but I think OP is talking about reallocating his 401k holdings into a spot BTC ETF. If he's talking about selling his 401k to buy BTC on an exchange, then yeah that’s not a good idea at all

Willing_Coach_8283

Silver has tripled since 2024. Bitcoin gain 30% in the same period. Enjoy hodling. Oh and by the way, BTC in a free fall towards 60k at the very least. That'll be 2021 level

Zealousideal-Guava69

I'm eyeing 0.25 BTC. So close.

manoman42

Believe it or not, bullish for BTC

levelhigher

Lol , not buying BTC until it hits 40k.

AbsolutPower81

How much is your savings relative to your disposable income? In the near term, BTC probably bounces to low 80s and then draws down lower in fits and spurts. No bottom in sight.

OpticallyMosache

I may take out one of those BTC loans to buy more BTC if we go under $50k.

OpticallyMosache

You freak out the first couple years after you buy BTC because everyone buys BTC for the first time at peak FOMO.

BlackDog990

One thing that keeps me sane is that unlike a stock or a currency, BTC can't go bankrupt. It can't disappear. Sure the value be volatile, but structurally it will basically exist so long as a few nodes are out there running, which is about as close to certain as one can get these days.

ThePugz

Did you invest your money thinking BTC would always only go up, and never go down? Unless you need money right now you’ve lost nothing. You still have the same amount of BTC you bought. This is an opportunity to buy more at even better price! BTC will definitely hit a new ATH, it’s only a matter of time.

DBRiMatt

A decent price to to be accumulating again, especially if you have confidence BTC is going above 120k next run.

Rare_Rich6713

I’m down on XMN too but decided to DCA in, I’m still holding XRP and SUI as well and have the rest in BTC.

Financial_Vanilla_47

Ill do the opposite... I've been here since 2016 and this cycle felt WAY different... Combine all these major differences with NO alt season and imo I simply don't believe in BTC or crypto anymore unless the price somehow suggests it's not going to virtually 0... I used to believe some of these things could be great long term investments but now until invalidated I believe the industry as a whole is failing and is going to be systematically and continuously drained of market cap and liquidity by professionals who just short term trade these things to extract USD out of it...

Miss_Curie

Ledger first is a solid move. Timing-wise, nobody knows, but DCA only works if you can keep buying when it feels bad. BTC is fine for starting. SOL is higher risk but real. I’d just be careful treating meme/political coins as a “rotation”- those are hype trades, not something you can DCA logically. If you stick mostly to BTC, avoid leverage, and don’t panic-watch the chart, you’re already ahead of most people here.

Espedal1

I bought more earlier today, even if it drops to half what it is today, I’ll buy more. If you only “believe” in the reality of BTC when it’s at all-time-highs, you’re probably just a trend chaser. I know it sucks right now for some but think of 5, 10, 20 years from now.

TheAudacityofHopium

Bogdanoff is still calling the shots from the grave!! All joking aside, 0.1 BTC is great. I wish I could buy that much. Look at the max that can be globally distributed, something like 0.0025 BTC per person (assuming 8 BILLION people on Earth). Your 0.1 is exactly 40 times more than the average person can buy. HODL that with diamond hands. Don't give your sats to greedy institutions and the big players who may be manipulating the markets to get more for themselves before the next bull market.

ippleing

IBIT is tracking BTC. It will be trading around 30 if BTC goes that low.

Miss_Curie

I think a lot of us are missing the point. The takeaway isn’t “sell everything now,” it’s that leverage + hope is how you become exit liquidity. If you can’t handle BTC nuking 50% and most alts never coming back, you’re already positioned wrong.

noblestation

Buy BTC, short MSTR.

itshanito

I first bought $25 bucks worth of BTC to buy 3.5g of weed from the dark web in 2018 Still waiting for my package to arrive

Illustrious_Cat1339

Its very simple. People that shouldnt be investing in BTC are expecting short term wins/ instant gratification. If you didnt see 70k coming 2 months ago, you shouldnt be involved in BTC. Swings are perfectly normal and healthy.

stoneman9284

All the BTC hasn’t been mined and most people are just using it as a speculative investment because they don’t understand how it stores value long term. It’s only going to become more valuable and more stable.

Aromatic_Union9246

I still buy and trade NFTs all the time for fun. There’s still a market for them it’s just not as big of dollar amounts as it was a few years ago. I’m not a BTC maxi or anything but been in the space a while (late 2016). All I’ve learned in that time is that BTC has some value, whether it’s a store or value or catalyst for a new technology that hasn’t been refined, but there’s generally at bare minimum sentimental value for old holders that actually use principles BTC was made on. So it may not increase in terms of fiat terms or better than other investment vehicles but you’re more so gambling on collapses of other systems with bitcoin left standing as opposed to bitcoin as just an investment in terms of dollars.

Accomplished-Jury220

Investing in BTC is literally buy and HODL. Forget about it. Don’t check prices, nothing. Just let it grow. Do you ever check on plants everyday to see if they grew x centimeters? No! Let time do its job.

Laym14Ya

It's been so long since I placed an order in BTC futures, I can't remember what that value in the screen shot represents, but I'd bet it's the price the position WAS liquidity if it was. There's no way they'd let you hold until it reaches zero unless you had enough margin to cover that large of drop.

Notoriousrb

Mstr is going to open next trading session with a double digit percentage loss easily if BTC isn't above 80k. This is after being down 60% in 6 months lmao. Posting unrealized profit charts and being on Forbes covers are always a bad omen