BTC

Jami_Martin

Selling BTC at $60k in 2026 is going to be a great story to tell in 2029

Spicyocto

Nope, I have my investing money in BTC as there is no second best. And I have my living + emergency funds in the bank. When BTC dropped 50% and you have an emergency, nobody wants to have to sell their BTC during lows to cover the costs ( ironic I know because people are now obviously selling at these lows haha. But you get what I mean)

Traditional-Roll-620

Yeah if you belive in BTC I think now is the best time to buy it.. but dont go all in.. maybe it will dip further through the year..

Embarrassed-Bowl-230

This has been and still is a valid concern I think. There is not enough buyers right now and if Strategy has to sell more often trust will bee gone and it'll implode. That could be an ftx level event... But let's not get too ahead of ourselves. We're not there and BTC is at a discount :)

Frey-256

Reason for drop: CIA & goverment & institutional sales to weaken BTC so that Iran cant sell oil in proper price by using BTC., shake the bitcoin and trust. Etc. Rabit hole is too deep…

Part_2

Guarantee that over the next 24 months BTC price drops further and AI stocks rise. If you don't think so, you're delusional.

Part_2

1BTC x 1BTC = 2 BTC

BrightTomatillo1221

Thanks for the thoughtful comment. For beta v1, the basic reward formula is 20 sats per km and 13 sats for every 100m elevation gain. There's LSD bonus like 20km run, 30km run, and 40km. There's ultra marathon bonus like 50k 100k and huge elevations. i just want people to RUN and HODL. I need to be creative in funding the app's BTC reserve for users' rewards. Brand deal, brand day, and other run-related promotions are in the list. But need to convince BTC company to become partners or something. i'd love your take on this. please feel free to comment and grillme

BrightTomatillo1221

Thanks for sharing - sMiles. Just took a deep scan on this product. IMO, sMiles is way too much. My philosophy for my app/service is to encourage humans to run more and hodl BTC more. Two things only. I can't be a financial advisor or institution advising to HODL. But I can give out free SATS for something I believe in, like we give offerings at church. But there MUST be Proof of Work. So I came up with Proof of Human - each run must validate heart rate, GPS, cadence. You must run at least 1km at a 10min/km pace. That's easy for 90% of people. If you think my philosophy erred in honoring Bitcoin value, let me know. I'd love to know other perspectives.

Bred_Slippy

Two family members into direct BTC and two friends (though via BTCTCs as they wanted to use a tax - free wrapper where you can't hold direct BTC) 

MinimalGravitas

> BTC just doesn’t fit any of them. I haven't argued in favour of Bitcoin (the chain) or BTC (the asset) being actually useful for anything beyond a greater fool game since 2017, I agree that it doesn't really fit with any of the use cases discussed here. > far better served by a stable coin Here I think you are a little confused, stablecoins are tokens that run on other chains (https://visaonchainanalytics.com/supply). They are an example of something useful built on a blockchain, they are not chains that can be built on themselves.

BrightTomatillo1221

Thanks for the insightful comment. I actually need to do more research like Evidation you mentioned. $20-$50 per year is very small, and it doesn't incentivize you to use the app. However my app is built with Bit Maxi philosophy (at least I think it is), which is you run more and hodl longer and the value of your SATS accumulated will be higher. (And you become healthier over the course of using my app) I don't want users to constantly to go into my app and eyeball it every day but im sure advertiser will dislike this concept. I'm exploring optionalities & ideas as I;m speaking out here on Reddit. This move-to-earn-BTC service is ready. Went thru mulitple security check ups. It will need your heartrate, gps, cadence data per run recorded. This validates you are human and will reward you SATS

BrightTomatillo1221

for first beta testing, amount of SATS (fraction of BTC thru Lightning Network) for reward will be small, say 20 sats per 1km. and 13 sats for 100m of elevation gain. More hidden bonuses such as 20km LSD bonus, first 100k culmulative bonus, etc....

ContemptMarzipan

With the current AI and quantum computing advancements you'll be lucky to see 10k/BTC in the next 2 years If you only have a small loss, get out now before it becomes a sour memory for life

polymath_uk

They can get your BTC balance from xpub data and don't need the seed. 

TheBeninem

This subreddit is just full of deluded pseudoscience nonsense. No one can predict financial markets and saying it is guaranteed to 5x in 2 years is incredibly irresponsible advice to people that don’t know any better. BTC has barely beaten the S&P in the last 5 years while being significantly riskier, and even these gains are plateauing

Suspicious_Act4982

BTC, ETH and some alts like SOL and NEXO

brianed

Because BTC will definitely not be $250K in 2-3 years that I can tell tou for certain. The hype has mostly died out, people begin to see BTC for what it is, just hype with the only truly useful real life application being for ultra rich people to quickly and cheaply move assets. That's it.

DiZzY_404

2017 vs 2022 when BTC was at 20k lmao. Same thing.

Kawazor

You can swap your USDT directly for mainnet BTC using Mt Pelerin: [https://www.mtpelerin.com/swap-crypto?wsc=USDT&wdc=BTC](https://www.mtpelerin.com/swap-crypto?wsc=USDT&wdc=BTC)

Syrion1984

If you're serious about acquiring BTC, make sure you do so with money you've put to the side and won't miss. As a firm believer in BTC, I would employ a method of 'DCA' (Dollar Cost Averaging) meaning that you start acquiring BTC over time, no matter its current price as you can never accurately predict the tops and the bottoms. Say every month you can miss $100, then set an alert on a specific day of the month and when it rolls by, you acquire BTC at that time.

Specific-Midnight867

very few companies own BTC. its too risky and volatile. just look at the MSTR quarterly earnings. It's impossible to know where the price is going. But I do know btc is a 0 sum game. its going to moon and crash again and again - especially with so many people leveraging and taking loans against their positions. the miners need their cut to keep the lights on. its very risky. So yes, it could go to 20k, then to 250k, then back to 60k again. its a roller coaster. it ends where it starts.

Suspicious_Jacket463

Everyone is talking about 50k (75%) and 40k (25%). Think about it. The "whales" won't let it happen, and they won't let the crowd what they expect. Either BTC will not reach 50k at all, or it will ho much below those targets.

Wildwildworld123

It was the only way I bought BTC in 2014 and 2015. Local bitcons . com. I wish i still had some from then lmao. Just use Bisq man. No Kyc and good rates. Shit they even do cash by mail.

Upstairs-Ant-3917

i said those exact same words! basically did a stress test - even if BTC ended up going to zero, would my family be okay? yes we would. i mean, it would suck for sure but we'd be okay. so that's when i decided to go all in

tenor_tymir

Holding can be profitable if you look at BTC as a savings opportunity not just to maximize your capital quickly. You buy, you hold, you do basically nothing and it grows bigger over the years. Takes a lot more time but there are a lot of people who don’t seem to be in a hurry and use BTC as a savings vehicle.

Charming_Citron_1941

Good to hear. Then you can afford some risk and won’t lose all your growth, even if BTC reaches 0. I don’t belive that will ever happen, but we gotta price in all scenarios.

tenor_tymir

BTC is too big and important to corporations. they’ll buy it all up in a heartbeat if it really went that low. As disastrous FTX was, all it did was create a very good buying opportunity and a massive bull run from 15k to 124k. I believe the harder BTC falls the higher the next top will be. I don’t think you’ll be able to 10x your money but 5x can still be possible if you manage to time the cycle low perfectly (provided there’s a black swan event like FTX).

Charming_Citron_1941

Diversify some, for your own sake. I’m going deep into BTC too, but still saving in some less risky ways like funds and «safe» stocks.

_Tsane

Good luck! BTC has not-yet signalled a buy

Upstairs-Ant-3917

my plan is to go all in on BTC for the next 2-3 years. worst comes to worst, I lost 2-3 years of growth. Oh well! But, it has the potential to be life changing.

hippielovegod

I concur. BTC Hodler since 2017.

rampy909

If you want to crash out $BTC , CEXs are the best choice and safe .i can’t recommend anything aprt from CEXs. It is risky to do p2p with public communities. If someone try to advise you to go there and sell your BTC , don’t open any link or connect anything with your wallet . Be safe my guy

oki_sauce

Im assuming by the term "dip" you arent taking half the fund out for BTC. People forget that an emergency fund is pretty much never going to be completely drained instantly if an emergency happens. Do you have stable income capable of building it back up? When you dip into an emergency fund, be sure to consistently replenish it and be disciplined. Youre taking some off the top. I dont think its as crazy as others do. Be sure to not get fomo and go back to that emergency fund again wether it goes up or down.

Round1818

I hope so. Might not be either. I hold BTC but it’s still a risk play at this stage- that has to be acknowledged.

Senior-Cheesecake699

40-50k is the rock bottom this cycle if it goes below this range BTC is worthless

trimalcus

BTC is dead

Stupyyy

The same reason when it was $0 and when BTC was at $10k then it went to $1k people started selling. Paper hands.

Worldx22

YMMV I took personal loans to buy BTC back in the day. Made out like a bandit. There was a time when I was young when my emergency fund was extremely flexible- it was all Bitcoin. No complaints!

BakedGoods

power law has BTC at $400K (median) by aug 2029. you can either sell now and to recover some capital. or cross your fingers for a 5x+.

Majha_Block_Punjab

I don’t actually think that BTC will not go down my overall view at BTC says it can take a rejection from 64k-63k and then make a new low after breaking 59k level and maybe it will reverse eventually at a level between 54k-50k

HSuke

Even if they are buying BTC, it's MORE expensive for them to buy it now because: 1. They can't use cash because they burned through 70% of their cash reserves last month paying off a 0%-interest loan 2. They need to sell MSTR to buy it, and MSTR fell even harder than BTC, so it's more expensive to trade MSTR for BTC

Suitable_Acadia_190

The AI rotation thesis is the most underrated part of this. When Nvidia feels expensive to a pension fund, BTC starts looking like the next asymmetric bet. That capital has to go somewhere. The Saylor concern is legitimate but the mechanism matters. MSTR's convertible note structure only becomes a forced selling event at prices well below current levels. The real risk isn't Saylor, it's the macro correlation trade unwinding if the AI bubble deflates and risk-off hits everything simultaneously. $60K as the line in the sand tracks with where a significant amount of leveraged long exposure gets flushed. That level held twice already. Third test is always the most informative.

ChocoChipsTish

Crypto made borders feel way less relevant for money. I use BingX to trade everything from BTC to gold futures without dealing with traditional banking friction, and the low fees plus fast execution make it feel more in my control.

Ok-Swan-98

Bitcoin Liquidation Timeline Jun 2011 — Mt. Gox flash crash wipes out early traders. Apr 2013 — Mt. Gox meltdown triggers mass liquidations. Mar 2020 — COVID “Black Thursday” nukes longs. May 2021 — China mining ban causes $8B+ in liquidations. Sep 2021 — El Salvador launch day crash liquidates $1B+. Aug 2023 — Sudden sell‑off wipes out $300M in positions. Apr 2024 — Geopolitical shock triggers $340M in liquidations. Dec 2024 — “Red Saturday” wipes nearly $500M in longs. Aug 2025 — Tariff slump liquidates over $500M. Sep 2025 — Dollar‑strength crash wipes nearly $900M. Oct 2025 — Record liquidation event: $5.3B BTC / $19B crypto. Feb 2026 — Macro flush liquidates $1.3B. Jun 2026 — Multi‑day crash wipes $1.2B–$1.7B in longs.

Scholar_of_Yore

Yeah but this is not even that bad a comparison though. The fact that in basically every 5 year comparison you are either in profit with BTC or at worse, somewhat even, beating inflation in many currencies is pretty decent, yet most of the comments are doom.

lurninandlurkin

If someone had $100K in October 2020 and put it in the best fixed term deposit available in Australia at the time, they would have around $118,000–$125,000 AUD total today (principal + cumulative interest), assuming they shopped for the best available rates at each rollover and reinvested the full amount (including interest) at maturity according to Grok. If they had bought 5 BTC in October 2020 they would have approximately $435,000–$465,000 AUD today (for 5 BTC), representing a roughly 4.3x–4.6x return on the initial ~$100,000 investment.

AriesThef0x

I was fortunate enough to start buying the bottom in 22’, went all in around that time. Fortune enough again to sell within 5% of the top, bought my first home and moved In January of this year. With my profits I was able to put a 35% down payment and have some nice savings left. Initially I had planed out how much extra a month I would have to pay to cut down my mortgage from 30 to 15 years. Instead I decided to put that extra money into BTC, because if it performs even half as well for annual rates of return over the next decade I can have the mortgage paid off in less than 10 years going that route. Also I figured putting it into BTC would be more liquid than paying down mortgage if I would run into an extreme financial emergency. With that being said, I’ve been doing a lot of panic buying lately. So I’m basically 6.5 years into my 10 year plan worth of extra payments 😅.

Whole_Historian_7185

How many Institutions, Governments and individuals hold BTC as strategic reserves?

obfuscated_id

Yes I would use it instantly and daily. Why? I already do these things and I own bitcoin. But rate matters. Has to be enough to reward the behavior but not too much to make you broke. For new comers erning somewhere between a few bucks+ a day would have to be achievable. by the end of a week earning $20? Seems expensive for you and advertisers. I think your subgroup is probably rather small too. by that I mean the number of people who enjoy working out and also subscribe to BTC theory.

BrightTomatillo1221

My own investment to start off, say 1 BTC? Later on, need to think about monetization like brand deals(brand race days) or sponsorship or pure donation to Proof of Reserve

CryptigoVespucci

Claude summary (yes I'm using AI cry about it): **Your thesis in one line:** 60K is the pivot — breaks → wait for the 40s; AI IPOs are the swing factor (rotate wealth into BTC, or pop and drag everything down); macro grim until fall. **What the crowd thinks:** * Broad agreement with your caution and your levels — most expect 60K to break and don't see it holding. Mood is *wait until fall*. * This week's tape (semis cracking, rate-hike odds spiking) cited as confirmation the macro backdrop is turning. **The one challenge worth taking seriously:** * **AI IPOs may be bearish either way.** The sharpest take wasn't "you're wrong about rotation" — it was that the rotation windfall might never exist. Valuations look detached, data-center buildout is wobbling. Pop *or* bust, crypto loses. Stress-test whether you're too optimistic here.

MacMuthafukinDre

Max pain is 75k for BTC ($13.8B-6/26) and 180 for MSTR. Barely any ITM calls. Looking bullish.

B-RapShoeStrap

I mean, the same problem would happen with BTC, but when you try to sell/use what you mined. Privacy requirements have to do with laws/regulations, not the technology itself. They could have cash reverse ATM for ETH/BTC, but my understanding is that those require ID by law.

Theverybestestintown

One bad day in the stock market next week and BTC will be back below 60K. But, it's still a very good time to buy currently.

50sat

Recognizing that ETH L2 is ETH, what single instrument in the world is involved in the same number of transactions recorded on ethereum-driven blockchains daily? Seriously I don't even have numbers but I'll bet it's really just USD and maybe the Euro flavor. The rails aren't there, crypto altogether isn't ready to force the balance. I'm not pretending that. But also if people need emergency rails there aren't many options. Things built on ETH and things that make damn sure they can bridge to ETH. ETH and it's ecosystem can power a close analogue of, as far as I know, basically every activity that occurs in the various global financial markets. It's widely distributed, and broadly trusted. I could go on. It's gas. *literally nobody* has a desire to pump the price of gas outside of some short-sighted oil companies. It's utility is so fundamental that if the fight isn't over gas/oil then nobody fucks around about it. So, every once in a while somebody gets up a hype round of "all crypto are stores of value and utility is imaginary" or something. People rush onto ETH thinking it's Ripple or BTC. It's not. IDK that's my little ted-talk for a reddit dead-end thread lol. I'm not sure what you've been taught "utility" is but millions of people use it every day.

Ok-Swan-98

Why is bitcoin up ? **CMC AI** [Bitcoin price today, BTC to USD live price, marketcap and chart | CoinMarketCap](https://coinmarketcap.com/currencies/bitcoin/) "## TLDRBitcoin is up 3.88% to $63,156.82 in 24h, closely tracking a 3.85% rise in the total crypto market cap, primarily driven by a short squeeze that forced bearish traders to cover positions. 1. \*\*Primary reason:\*\* **A short squeeze amplified the rebound,** with $122.11M in Bitcoin liquidations over 24 hours and negative funding rates indicating crowded bearish bets. 2. \*\*Secondary reasons:\*\* A broad market recovery from oversold conditions, as the entire crypto market rebounded after a brutal selloff that pushed BTC below $60,000 on June 7. 3. \*\*Near-term market outlook:\*\* If BTC holds above the 61.8% Fibonacci retracement at $61,820, it could test resistance at $63,246; a break below risks a retest of the $60,000 support zone. \## Deep Dive### 1. Short Squeeze and Leverage Unwind \*\*Overview:\*\* The rally was intensified by a short squeeze, where rising prices forced traders with bearish leveraged positions to buy back. Bitcoin saw $122.11M in liquidations over 24 hours, a 52.8% increase from the prior day, with a negative average funding rate signaling excessive short-side leverage. \*\*What it means:\*\* The move was fueled by forced buying, not just organic demand, making it prone to volatility if this leveraged fuel is exhausted. \*\*Watch for:\*\* Shifts in the aggregated funding rate toward positive territory, which would indicate reducing squeeze pressure. \### 2. Broad Market Rebound from Oversold Levels \*\*Overview:\*\* Bitcoin's gain mirrored a 3.85% rise in total crypto market cap, indicating a beta-driven recovery. The move follows a severe selloff where BTC dropped below $60,000 for the first time since late 2024, creating oversold conditions that invited buying. \*\*What it means:\*\* The bounce is part of a market-wide relief rally after a steep decline, lacking a single new catalyst. \*\*Watch for:\*\* Sustained volume growth to confirm the rebound's strength beyond short-term covering. \### 3. Near-term Market Outlook \*\*Overview:\*\* The immediate path hinges on key technical levels. Resistance is at the 23.6% Fibonacci level of $63,246. Support is at the 61.8% level of $61,820. A daily close above $63,246 could target the recent swing high near $64,128. However, with the Fear & Greed Index at 15 ("Extreme Fear"), sentiment remains fragile. \*\*What it means:\*\* The market is in a tentative recovery phase, needing to reclaim higher levels to signal a more durable reversal. \*\*Watch for:\*\* Bitcoin's reaction at the $63,246 resistance and whether spot trading volume expands on any further upside. \## Conclusion \*\*Market Outlook: Cautiously Constructive\*\* The bounce is a technical recovery amplified by a derivatives squeeze, but it lacks a fundamental catalyst. For the move to extend, Bitcoin needs to conquer nearby resistance with stronger spot participation. \*\*Key watch:\*\* Can BTC achieve a daily close above $63,246, and will spot ETF flows turn positive to support the next leg?"

Marcg611

First rule of 1 BTC ...don't tell the Internet you got 1 BTC

Shelbyturtle

Let’s be honest. This award was given long, long ago in the early days of BTC. Let’s wait another few years and see how 59k pans out.

Outrageous_Sample901

I purchased 1 whole BTC on Friday at 3 when it hit $59k. I guess we will see in a few months if I made the correct move

CryptigoVespucci

Gotcha. Re quantum, yeah I think the quantum breaking encryption is the only thing near production ready, as is quantum resistance. So a simple update for banking and other exposed symptoms, but uniquely a problem for BTC bc of satoshis coins and coordinating all stakeholders to update is messy. until it’s solved, think it’s an overhang for BTC. Tailwind if it gets figured out. Re IPOs: yeah valuations are looking pretty nuts. Thanks for the thoughtful replies.

Public-Lingonberry-2

It won’t affect your average cost on strike until you move your BTC to your wallet and then move it back.

devCheckingIn

Typically bottom to top it performs better than BTC. I think it was the only BTC pairing that was green since inception, until last year's non-alt season.

Outrageous_Sample901

I purchased my first full BTC on Friday at 3pm when the price was $59k

Jake0024

The increasing number of BTC in existence means this metric is true in every bear cycle, so...

GoldEdit

People that think like this miss the entire point of BTC. Traditionalists from years ago would vomit at the idea of institutions buying bitcoin, Saylor buying 5% of the circulating supply and that even today it's not even remotely used as a currency to make purchases with. Traditional bitcoiners don't have a leg to stand on today, they just want to maintain value in USD, and could care less about the fundamentals. Not to mention no true bitcoiner would accept a hard forked bitcoin, and a hard fork is the only way to save it from quantum computing, so where does that leave bitcoin? Will it even have the support needed to hard fork?

ozera202

Is it wrong to have 100k in doge 😤 Doge > BTC

bitsteiner

That's why you diversify. Sell 5% of your BTC and buy a house.

DrSpeckles

Ai bubble doesn’t pop. Things pop when they are all hype and no use. Kind of like BTC. AI is 100% use-driven hype. That’s an entirely different story.

Shazvox

Yea, but Timmy said BTC was gonna moon, so...

DrSpeckles

As I said in another comment, the thing is that all of the actual use cases that they talk about - refugees etc - are far better served by a stable coin that has near-zero fees, no volatility, and is exactly as portable. Or for the illegal activities, a privacy coin. There is nothing that BTC does better, so without the hype, it’s gone.

Low_Carpet9764

I am currently doing double leverage stack on my house/then borrowing against house+BTC holdings combined w CB low LTV loan. Gonna print cash Edit: ideally initiate low LTV loan (sub 20%) around 40-50k BTC as I do not see it going much lower than that

DrSpeckles

The thing is though, that all the reasons that crypto may actually be useful, which have been called out here, are far better served by a stable coin than BTC. Or for the illegal ones, a privacy coin. BTC just doesn’t fit any of them.

Icy_Annual_9954

You can do it, but you have to make sure, that you can stay solvent and pay Back the loan without touching you BTC. So that you can free your mind without jogging your bags.

RoughReality277

They have seized the USDT/USDC.. but NEVER self custody BTC.

SuRRon23

Borrow "money" using BTC as collateral just like you would with a HELOC.

Mundane-Context-3979

Altcoin follow BTC. The odd tokens might be different, but it has virtually always been the strongest case to hold nothing but BTC and maybe ETH until late bull run and then trade over a percentage to capitalize on money flowing into higher risk assets before the market crashes, but even then only if the government is printing money ie QE.

UpstairsAide3058

I love BTC but I stopped reading the moment this regard said “AI hasn’t improved much” lolol fucking guy is lost or under a rock.

UpstairsAide3058

Dude wtf are you talking about. I watch daily , ai agents write code/programs that literally used to take teams of (master degree) engineers, like teams of 7-8 engineers, 3 QA, a TPM, onshore offshore working like 4 weeks to complete these programs. I watch ai autonomously do it in a day. Your lost on AI. (Don’t get me wrong love me some BTC but your no where in the realm of AI and you’ll likely never catch up)

Davinter30

A LOT of alts never recovered, im not worried about BTC but I would be about anything else

Reach_Beyond

It’s the only crypto I’ve ever used for real life uses. PoS will win out long term vs PoW. Rewards paid out from gas and security is amazing. It has a small inflation and can go deflationary at some points. Institutions will tokenize on ETH (biggest point) Those are just regular bull points I like. My mega bull case is in a neon cyber punk far future I think it could be the #1 monetary asset, but don’t hold your breath on that. BTC is cool, but just feels like another asset.

BTCMachineElf

Currently doing this on Binance, using BTC as collateral. It's very dangerous. If you do this, do not get greedy. There is no stop loss, so you must manually manage downside risk. Make a plan about the max collateral you're willing to add, and keep your liquidation levels way way low. Using a bank loan would be a lot safer, but a lot more expensive and far less flexible.

SeaMicSte

Can’t really make this comparison until we see what happens to BTC long term lol

m1ke_tyz0n

It's always convinent during violent downturns to see these posts. Very comical. I guess OP is correct if you leave out the fact BTC hit and OP (apparently) missed 120k, 100k, 90k and 80k.

gjbsfb

Can’t really compare just BTC to the entire stock market. Apples to Oranges.

CryptigoVespucci

So I guess you think AI IPOs are bearish either way. They pop, they suck up speculative capital. They bust, it drags everything down with it. Wdym by quantum threat is nothing. Overblown for BTC risk, or you mean the tech itself

pnwcon

Everyone who entered the BTC market for the first time just over 2 years ago at 60k and beyond and HODL'd... hasn't made a nickel. Meanwhile the S&P 500 is up 40.5%. Diversify.

chuckrabbit

Lmao. You can’t just make up your own definitions. I haven’t transacted in Yuan or Euros, so they aren’t real currencies? I don’t transact in Gold so Gold isn’t money? lmao. I’ll ignore that. Pull up the definition of money, not your own made up standards. People have lived using only BTC as an excrement. It’s technically possible but I don’t care lmao. You also can’t just say you win a point and then win it. You don’t have backyard chickens. Why are you going to pretend like that helps your argument? Just like You CAN have backyard chickens, you DO NOT have backyard chickens. The majority of meat consumers do not raise their own animals so you can’t use that as a point and then turn around and say BTC doesn’t use renewable energy lmao. Again you’re being a hypocrite. If this is one of your arguments against the meat industry, then you can’t complain about the percentage of non-renewable energy that goes into the Bitcoin network. It’s basically the same thing. You’re making up a scenario and pretending that it minimizes the true impact. The Meat Industry does 100x+ more damage to the environment than the Bitcoin network. Who is the Bitcoin community to hurt you so bad that you’ll ignore your own hypocritical behavior? Lmao. Who hurt you? You are still being a hypocrite and your carbon footprint is still worse than mine.

Select_Aide_6548

To be honest it very much feels like it's been 'captured'. You used to be able to buy it in an non KYC way. Most people bought it to hold it. There were a few exchanges (like mtgox) but most people bought in person. There were no ETFs and it was off the IRS radar. While the price was way lower then (I got in around $100), I feel in many ways it was way better. And ironically my business is about 10x larger but I get LESS people paying with BTC now than I did back then. Despite the larger adoption.

Available_Win5204

1) Sure I do. And also, even if I didn't it shows the difference. Let's just agree that I've won that portion of the argument. Since you have no way to rebut it. 2) bitcoin isn't money. I'll concede this point if you show me that over the last year, you've transacted 51% in BTC vs USD (assuming you're in america). I'm feeling so confident in this argument, I would settle for 1%. Do you know why you can't show that either? Because despite your attempt at hiding behind bitcoin as "money," it isn't. No different than shares of a company are money you could technically transact with. So I see where you think you're "getting at," but it isn't a valid argument. 3) It CAN be run on these things, but it isn't. You cannot choose which miners secure your bitcoin. That would be a useful function that you could point to if it existed, but it doesn't. So yes, I can be mad that BTC is destroying the environment. You didn't mention gold, but you did mention the power usage of the traditional finance industry. Anything else you'd like to touch on there? Or should we just admit that you've lost that comparison? I'm happy to do this all day, but I am well aware that people who are making a mistake will not easily change their mind. In fact, you're more likely to take more extreme positions rather than admit fault.

Ignash-3D

To be honest BTC is useless now when it is all somewhat regulated and can be traced. BTC main value was always mainly a black market currency , but the reason its flat is because it became regulated.

SM-

https://x.com/saylor/status/2063731803312001111 I have a feeling he'll announce a 3200 BTC buy tomorrow.

chuckrabbit

lmao. 1)You mention backyard chickens. Do you own them? No. Next. 2)Eating is a necessity. Okay, owning Money is a necessity. You’re mad I choose BTC as a form of money because you would rather have me use USD as the alternative. This is the same as me saying you choose to use meat as a form of calorie consumption when there are other options. You choose to kill animals when you don’t have to in the same way that I own BTC when I don’t have to. BTC = Meat; USD, CNY, Etc = Veganism. Do you see where I am getting at? 3) Also BTC can be run on green, renewable energy. That’s similar to your backyard chickens. BTC can be run on nuclear, solar, wind, hydro. So what’s your point? Are you mad at the environmental damage? When you willfully choose to destroy the environment more than you have to. You can’t be mad that BTC is destroying the environment when you willfully kill and consume animals. You’re a hypocrite. Come back to me when you’re a vegan and then we can really debate the ethically usage of BTC or alternative forms of money.

0bran

People don't understand that bitcoin's price behaves almost the same percentage-wise on drops today as it did 15 years ago. If BTC was €30, you'd buy 100 coins. If it's €3k, you'd buy one. Either way you're putting in the same amount of fiat, and the percentage moves hit you exactly the same. Whether you hold 1 coin or 100, your investment and your pain are basically identical. Your investment and your pain are basically identical. That's the reason most people failed to hold.

Revenantjuggernaut

I didn’t have much capital and I held some BTC because that’s what everyone said. Well I’ve sold it before it tanks everytime and been buying the scoop up and well I don’t think I’ll be buying any back this time.

EvoBrah

I will definitely get down voted for this. Never heard of the whitepaper. Been buying BTC on and off since 2016-2017. Been hearing about it since 2011. What is it?

chuckrabbit

The transfer of money is a merit. It’s a use case. Is it super useful? Are there other alternatives? Sure. I choose to own BTC, a form of money. You choose to eat and kill animals for fun. You choosing to kill animals when you don’t have to is MORALLY REPREHENSIBLE. Me owning Bitcoin is opting into that form of money. Do you live on a commune? You hold dollars and use a credit card which is destroying environment.

chuckrabbit

You choose to eat meat when you don’t have to. The Bitcoin servers are going to keep running regardless of if I have BTC in my own wallet. Ultimately, you’re living the morally reprehensible life because you choose to do more damage to the planet then necessary. We can “debate” however long you want to, but it doesn’t change the fact that YOUR CARBON FOOTPRINT IS SO MUCH BIGGER THAN MINE. So until you change your own behavior and live the life you’re trying to preach. You’re only being a gigantic hypocrite that loves to waste everybody’s time.

liviughg

Forget BTC, go for TAO. This is the age of AI.

Tough-Park-6419

If I had 0.001 of BTC every time I saw this post in times like this I be a billionaire