BTC

MoneyMcMore

MSTR BTC holdings went from 90k on Dec 31 2021 to 660k Dec 2025. It seems like if they keep this up, they'll hold more BTC than Satoshi himself. Which can't be a good look. MSTR will probably use this as a noble excuse for not buying more BTC. Seems like a good plan.

Serious-Stick2435

People don't realize this was the first ever transaction of Bitcoin ever. Without this transaction BTC would have been a failure. Still people will think it is the most stupid trade when it was actually the Genesis

Impossible-Band-2393

you wasted your BTC value, now its pays

LinusVPelt

That's basically what a central bank does. When governments will have BTC reserves, that's basically the same. They can print their local currency and buy BTC with it.

Neat-Ladder8987

There's a finite number of BTC. That's all you need to know.

MariachiArchery

Stocks are a little different because we are almost always converting to cash when exiting a position. You would never be trading Amazon shares for Google shares. You'd always convert to cash. Crypto differs in that we can swap BTC for ETH, or USDT for SOL, for example. Neither of these transaction involve cash, but they are both taxable events. It's a little different.

pop-1988

> His wallet still has 1 million BTC sitting there untouched Please stop repeating this myth There is no million-BTC Satoshi wallet

muricabrb

You just outlined why institutions are hedging gold and BTC against the USD.

Centmo

You could also win 25 BTC for placing 5th-8th in a 2011 StarCraft tournament.

Background_Home7092

One, no. But multiple operating under the same assumption? Perhaps. The market cap of BTC is 1.8T, yet an outflow of 6 or 7B was responsible for the entirety of last month's crash; that's less than half a percent. It's reasonable to think the reverse is possible with enough exposure; Vanguard by itself claims that its opening the doors to BTC ETFs was responsible for almost $1B in inflows in the first hour. It takes a lot of action to move the price, but not as much as one would think.

SeaworthinessSad7300

A whale would have to buy or sell such a huge amount to deliberately move the market to the point it is noticeable. Do they have that many BTC to shift price? Are you sure that's happening?

Horror-Sector7498

Because BTC gets stronger the longer it exists.

DankShibe

I learned about crypto when BTC was $300. But I started buying at $8k

coinfeeds-bot

tldr; $4.5 billion in Bitcoin (BTC) and Ethereum (ETH) options are set to expire today, December 12, 2025, amid cautious market sentiment and thin year-end liquidity. BTC's price is $92,249 with a max pain level of $90,000, while ETH trades at $3,242 with a max pain level of $3,100. Balanced call-put positioning suggests contained volatility, though traders remain cautious due to macroeconomic factors and ETF outflows. Long-term momentum holds, but near-term catalysts are needed to break BTC and ETH out of their current ranges. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Emergency-Coffee8174

Bank of America’s New BTC-Collateralized Credit Loans Unlock Bitcoin Value

klibklibby

Everyday is a good day to invest in BTC. Stack sats, stay humble.

Natural_Rebel

Profit taking after holding for a very long time. If you are a whale who got in early, $100k BTC is a good exit. New money will need to be what drives the next leg and maybe some whales will stay or at lease keep a portion and let it ride.

Jericho_Lemonade

$500 isn’t so much that you need a wallet or private keys. Just use Cash App. Super easy. Then look into the rest. Yes—not your wallet not your blah blah blah, but in the case of $500 for a newbie to invest? Just do Cash App. I always keep a small amount of BTC in Cash App for the sake of watching the value fluctuate easily in a very accessible place. The people who will judge you about this aren’t too helpful for a newbie who just wants to learn. (Listen to some podcasts and read the white paper.)

GroundbreakingArt370

Come on guys.... 1 BTC = 1 BTC. After a decade of being in this space, you'll soon realize this is all noise.

Fuzzy-Valuable-1774

Mashallah, I do believe in BTC.

Fuzzy-Valuable-1774

Asalamu alaykum akhi, and BTC is great!

Kornbread2000

Do you think that many who have subsidized heath insurance are also buying BTC? (I have no idea, just curious if people think there is significant overlap)

No_Hour6830

I think a big part of the value proposition of BTC is that you have 100% full control of your assets. At least, that's an important piece for me. You also have to pay 25bps a year for them to hold it for you, which is not nothing. But if cold storage isn't for you, which I completely understand, ETFs are the next best thing. You have real government insurance and mega corps backing them. It's a hell of a lot better than keeping your coins on an exchange behind a passkey or god forbid 2FA texts.

account009988

I don’t think that. That is what the data shows. All altcoins lose value against Bitcoin when holding for a longer time. Not a single alt has done better than BTC.

inbeforethelube

Institutions have a lot more money than Bob does, and 20 million Bob's and Jane's buying BTC through a passive ETF every 2 weeks is a lot more than what 50k Bob's did the last 10 years.

No_Hour6830

I highly doubt that will outperform buy and hold over the long run. And yeah, one of the major reasons I like BTC is because of the sovereignty it brings. I don't want the banks or the government to shut off access to my own money, which they can do right now. I still have most of my assets in the "traditional" system, but BTC provides that insurance policy if I ever need it.

Hazys

I know that feeling lol... I used to have BTC way back early 2000. That time I just sell off. Imaging I never sell off. Even just 50 bucks worth of BTC , by now is triple or more than 50 bucks.

Miami_Vice_75

I have mostly FBTC but also have a small amount of BTC on Coinbase and I'm okay with that.

MurkyBar9017

Not a chance. I don't even think 1 BTC will be enough to retire in 10 years.

adilstilllooking

Let’s think about it this way, say there is hyper inflation… and 1 BTC = $1 million, $10 million, $100 Million… it won’t matter. .01 BTC will be better than nothing. The US can’t even make a dent on their interest payments. They can’t pay it back ever. BTC is gonna be a good investment in any situation.

No_Hour6830

Even if it hits $10M, you're gonna have $100k of 2035 dollars, which is probably $75k of today's dollars. You can't retire on $75k unless you're 100 years old. The debate should be if 1 BTC will be enough to retire in 10 years. That's a more interesting question, and frankly still a wildly bullish view on BTC prices. 0.01 BTC retirement is just a fantasy.

GreenStretch

On coingecko or coinmarketcap [https://www.coingecko.com/](https://www.coingecko.com/) [https://coinmarketcap.com/](https://coinmarketcap.com/) Coinmarketcap wouldn't let me sort by volume and scroll down. their figure for DAI volume is $68,974,686, fairly far down on the list of the top 100. Coinmarketcap shows a figure way below USDT, BTC, ETH, and USDC. [](https://coinmarketcap.com/currencies/multi-collateral-dai/#markets)

zampe

All anyone really wants is to hold BTC or get rich quick on a shitcoin so ‘utility’ doesnt really matter either. If it did we would have some quality utilities by now. We were promised all types of technological innovation and integration. Nothing has really come along to match the hype bc of a combination of ppl not actually caring and the tech not actually being as promising as ppl wanted you to believe.

No_Hour6830

That's my point - it's much harder without hindsight. Right now, many people think the four year cycle is holding and BTC is gonna crater to $40k. Others think since there was no euphoria in 2025 and we're beginning QE that BTC's gonna fly to $150k.

bigbiblefire

for you to retire off of .01 BTC it'd mean there are multiple bitcoin trillionaires out there...

AbdulrahmanAQ

Hmm, in this case do you think there would be an appeal for these who own less than 1 BTC to have fractional ownership, timeshare model or other models. I already know that a lot of countries do tokenization of assets even in Dubai, but I don't think I have seen it in Hong Kong. If there was a luxury hotel for example that was tokenized and yield 10%. Do you think people would be interested to own in it?

ComplexWrangler1346

I was in BTC when it was over 64k and it dropped to 16k 3 months later in early 2022….are you new to crypto ?

AbdulrahmanAQ

Do you think it would be appealing to have the choice to pay partially in BTC and partially in fiat?

AbdulrahmanAQ

Exactly this is the point. Also we're talking about full transfer of titledeed of the property. Also exploring if people can use BTC to buy on off-plan or installments.

OutlandishnessLimp25

No. Even if 1.00 BTC is $1,000,000 that means .01 is $10,000. Never met anyone that retired off of $10,000

LowEffortAlpha

Michael Saylors has a prediction of $13M/BTC by 2045. Let's say we get to that number in the next 10 years by 2035, 0.01 BTC would give you $130,000. It's not retirement money. But it's not peanuts either.

Rscottys1

Guess any day is better than none at all. I started DCA back in July, saw BTC hit as high as $123k in Aug and has been in a steady decline ever since. I’m in it more as a hobby than anything else as I truly believe the $120K plus days are over. Call me a pessimist but don’t see this BTC route as anything worthwhile. Just my humble opinion

sebna2

So you know that problem with Tulips was not the scarsity of Tulips but the scarsity of buyers. In other words in the end nobody wanted to buy it (and why would they? it had no value afterall other than being a potential flower with a bit of TLC. Again something that BTC does not have). Ahh, the White Paper, the wet dream, or should we call it a pipe dream. BTC is in its infancy and the ideas from White Paper are already twisted and heading quickly the opposite direction to what was intended. Decentralization - when in last two years institutions gathered and hold more BTC then ever before and the trend only accelerates. BTC used as currency? Close to zero and dropping. Nodes and mining being consolidated into hands of ever bigger and dominating players while due to economics of it removing individuals from the game. Legal challenge that could have given ownership of the project to the claimant... And all of this before we have real interest from state actors in taking / exerting control.

Thathitfromthe80s

All you have to do is compare adoption curves with the internet. It took from 1969 to 1983 for networked computers to finally even be considered the internet we know now. Then, most people weren’t using it regularly until the 90s. BTC is doing fine.

sebna2

Do you know what the Tulips refer to? Look it up, it is a historical event after all... And as to what you have written about BTC. You realise it is nothing more than a piece of code that can be re-written into anything once wants? Including expanding the supply... And that we were very close to it not so long ago? I wonder if you know what I am talking about?

Premium_Hunter

I tell everyone I can owning IBIT and selling covered calls with LEAPS in your back pocket as insurance in the event it moons is the best play on BTC long term (it will hands down out perform buy and HODL). However, I acknowledge a lot of people don't trust big institutions or they feel ETFs go against the true purpose of BTC, so I don't judge if people want to self custody. I, personally, never will.

See_eye_yay

Been holding since 2016. Never plan to sell. However, I can say with 100% certainty that this is not going to happen for anyone alive today to see it. Assuming an average house price of 400k, BTC would need to be 40 million per coin (and that is in today’s dollars!).

nature_nate_17

This is what I do; DCA BTC, 401K Roth (match is free money) with my job, and I also have dividends on the side. You gotta have multiple streams of retirement one day.

Lee_at_Lantern

Good to see traditional finance finally recognizing what crypto natives have been doing for years. Competition in this space is healthy for everyone. The article mentions margin calls but doesn't specify if there's a grace period or if liquidation is instant. That's one of the most important details to nail down before using any of these services. Same with minimums, since it sounds like this is aimed at their high-net-worth clients. For anyone comparing options, the main things to look at: LTV ratio, liquidation terms and timing, who holds custody, funding speed, fees, and minimums. I work for Lantern Finance. Same-day funding, 72-hour grace period after margin calls, no liquidation fees, and your collateral sits with BitGo in segregated cold storage with $250M insurance coverage. During the October 10th crash there was $19 billion in liquidations industry-wide and we didn't liquidate a single borrower. More banks entering the space validates the model. Just read the fine print on liquidation terms before moving your BTC anywhere.

WrathofTitus

Sure buddy, keep telling yourself that 🤣. I've been doing this long enough that I never tell anybody how much I trade, but I will tell you what I do in a choppy sideways market.....grid bot trading. BTC is up .54% & ETH is still down 2.75%. Indecisive choppy sideways price action.....perfect grid bot trading.

Scionic94

What are business hours? What is uptime? Key points outside of transaction volume. Moreover, who has control over ACH and SWIFT ledgers? Who has control over BTC’s ledger?

UnrealizedBrains

.01=1% A house costs? 300k 300k x 100 = 30M(1BTC) 30M x 17M-21M coins = 510T-630T btc market cap Total global net worth is around 600T. It’s possible but not likely on our lifetimes. But 1M/btc is very likely

Scionic94

Does having more BTC than another person give you the ability to oppress them?

JeremyLinForever

Only if you’re a fiat slave and you only see your native fiat currency as wealth. Last time I checked 1 BTC is still equal to 1 BTC no matter the pesos in your pocket.

nassauboy9

Well, I think there is another way to think of it closer to my meaning. 1. Energy converted to BTC 2. BTC stores that energy as VALUE 3. Later you move that BTC to some item/service say a car My argument is that BTC had a COST and thus stored value of a degree and can be moved back into a physical good so to speak. The BTC can not just be printed, more created by updating a number in a machine. I get that this might feel like a stretch. Also a stretch was that BTC would have an ETF, or governments and companies would want on their balance sheets. Jensen Huang, CEO of semiconductor giant NVIDIA I believe yesterday made this very point about the energy and storage. [https://icobench.com/news/nvidia-ceo-bitcoin-is-the-future-of-global-energy-optimization/](https://icobench.com/news/nvidia-ceo-bitcoin-is-the-future-of-global-energy-optimization/)

SamBell53

Yes because instead of functioning as a currency it becomes a store of value - thats why BTC's dramatic fluctuations make it unstable as a currency, hence this guys whole argument becomes very chickn/egg esque

Bobo_Baggins03x

I’m sorry but the math ain’t mathing. House for 0.01 BTC? BTC would have to be trading at $50,000,000 to even consider that

RecentDraw

Actually, that's not Bitcoin storing value. That's BTC changing in value massively.

nassauboy9

Sadly only 1 of them. That person was Father in law. he is 70+ and said didnt want the headache of self-custody. He understands well not his keys not his coin but the fear of doing something wrong overcame him and he swiped it into couple BTC ETF/Stock types. He actually convinced me to move my RRSPs (401k) into a TFSA (tax free saving, not deferred tax). I did not know something like QBTC on Canadian exchange existed, so I cased out $$$ I had in those work type accounts as I retired and bought some QBTC. As much as everyone should self custody, there is a segment that does not want that risk,

RecentDraw

I can take your BTC by force. You'd actually want a bank account with fiat for protection from force as the money can be recovered

Own_Condition_4686

.3 BTC @ 6-7M USD is my retirement target. Definitely not all I plan on investing but theoretically I should cover basic living expenses

RecentDraw

I've transferred thousand of dollars, BTC has never even approached the top 5 options to use.

BlackDog990

Yup. We're past the phase where an inconsequential amount of BTC will make you wildly wealthy in your lifetime. I'm bursting alot of bubbles by saying this, and I'd love to be wrong, but there are scaling realities when we're talking about an asset that's already valued at 2 trillion.

DwightsShirtGuy

Seems like BTC is your first and only experience with investing.

No_Hour6830

My reasoning below. 1. Financial Sovereignty. I *really* like the idea of having 100% complete control of a portion of my assets. No restrictions on when, how, why, what, or where I use my money. Bitcoin is trustless and I have the control. 2. Fiscal deficits/national debt, monetary policy, and the invention of quantitative easing. In 1980, US debt to GDP was 30% and now it's 120%. I'm not worried about a currency collapse, but we don't know what happens with debt to GDP levels this high over the long run. 3. Demographics/The Wealth Transfer. As Millennials and Gen Z inherit the wealth of boomers, I believe a significant portion of that will go into Bitcoin. So I believe that buying BTC today will yield very strong returns over the next 10-20 years. 4. The technology and the story behind BTC is so beautiful and special. It's the most significant financial innovation in 300+ years and it happened in 2009(?) by an anonymous individual/group whose identity is still not confirmed? Even if BTC goes to zero, I want to know that I owned a piece of it. 5. A no middleman wire transfer system with no restrictions, fast settlement, and low fees. I can send a million dollars anywhere in the world in a few minutes for 25 cents and I don't need anyone's permission to do so. I do not believe that Bitcoin or any crypto will replace the fiat monetary system. I don't think Bitcoin makes any sense as a currency. Currencies are designed to be inflated. Not to pay off the debt easier, but because deflation incentivizes saving too heavily. No one would invest in any productive projects if their money was going to gain 10% in value per year anyway. People would also spend far less on luxuries if they know the value is going up risk free or near risk free. It just doesn't make sense. Bitcoin is incredibly useful for storing value, transferring large amounts of value, and financial sovereignty.

Educational_Bag_1923

Currently holding 1.5 BTC. How am I doin?

PlanNo3321

1 BTC is not generational wealth *right now*

Technical_Car3729

Percentage wise for BTC vs the population this is accurate but the national currencies are still too strong in this moment.

DwightsShirtGuy

1 BTC is not generational wealth.

ieatvegans

What little green we saw in BTC today is sadly bleeding away. Rinse and repeat.

NextGenGamezz

I used to call people crazy before when anyone tals about 1m per BTC and always say do u realize that the Market cap will be 21 trillion dollars!!!! Now to be honest 21T cap don't really feel that crazy anymore yes maybe we have another 10 years to reach it but still it's totally reachable in my opinion I had the chance to buy at 15k but I was so stupid and decided to follow all the people calling for a 10k 🤣

NochillWill123

Hopefully we break out this time around…. For like the 10th time. Prove me wrong BTC!

Premium333

Is this guessing at a BTC value of $50M to $100M? That would correspond with 0.01 BTC = $500k to $1M...

Capital_High_84

I don’t know what to say. Regular retail investors are priced out of the market for BTC, when it was 100$ everyone was able to buy it. Now, that’s gone, are the nation states going to fill that market and that’s when we see the price sky rocket or what is the game play? Retail stackers buying 20-50$ of btc will not move the needle much, when you have million of dollars coming in and out of bitcoin. I guess as OP said either it will go to 0 or to infinity

Bobbyswhiteteeth

But BTC go up? 

partymsl

Bull run for BTC and scammers. Our alts are still in the bin.

tribbans95

Yeah I only buy bitcoin to buy milk with. I hate stacking BTC, it’s immediately spent on milk

Dipluz

Like seriously, BTC is like S&P index just accumulate, close ur eyes and wait.

SustainHash

There is a ton of people that think they are too late to get involved with BTC, this should be an indicator for you. We are still early, golds market cap is 10x BTC and only 10-12% of it is used in materials, the rest is a store of value. \-Nick

Gregory_Cryptossis

I think the BTC price may drop further in the next few months.

Numerous_Big_3680

Exactly this. Even if BTC dumps tomorrow you're still learning how wallets work and getting familiar with the whole process. That experience alone is worth the 100€

Street_Outside_7228

last bull run for BTC was 2023,24,25 Next one is 2027,28,29

Imaginary_Button_968

Thing is, that energy being spent on BTC is gone. When it's turned to BTC, it can't be converted back. That argument on energy is better suited for its scarcity, driving demand.

bbatardo

It sounds nice in theory, but... "The primary mechanism involves a loan-to-value (LTV) ratio. If the price of Bitcoin falls significantly, you may face a margin call, requiring you to pledge more collateral or repay part of the loan." Oct 7th BTC was around 124k and Nov 22nd it was around 84k. That high of a swing in about 6 weeks would screw anyone who did it near the top. Imagine if your BTC's value went down AND you had to either pledge more or repay part of the loan on top of it.

billy_the_zyn

If you take the data from April 28, 2013 and plot daily prices up to December 5, 2025 you get an exponential curve equation of y = 192.79*e^0.001486t with R^2 value of 0.8998 shows BTC currently under the best-fitted exponential growth. Even if you take a 5th or 6th (R^2 0.85 & 0.88 respectively) order polynomial function they create a very similar channel for anticipated 6-8 year growth that is slightly less than for identifying benchmarks. Wild that $BTC ATH push the current price to have action exactly back on that line and dipped below. We have 3 waves of activity from the 2024 bull run back below and it quietly sits for a violent pull back to or above exponential growth. People who think $BTC will drop below $80k again much less $68k (limit of profitability for BTC mining) are thinking about $BTC too localized, zoom out and the potential will click with you. Every day more and more $BTC is being wasted and traded but the circulating supply available for purchase is going to continuously diminish due to the individuals who understand the full potential comes from buying with the intention of not selling for 20+ years. $BTC to $200k around Feb 2026 with growth towards $300k in November 2026. Wouldn’t be surprised to see another dip occur around $145k to $186k. Think of $BTC future growth into 2028 approaching $1M/$BTC rather than the bear delusion of dropping to $40k to $50k…. It is quantitatively improbable based on the actual growth of $BTC across 12 years of actualized price action data. Come 2032 $BTC will officially become more scarce than actual gold. The more you accumulate and hold the better off you will be in the 10+ year time frame. Doubts ever thought $BTC could hit $10,000, $50,000, or even $100,000 so when it hits $1M is that going to be when the public takes it more serious?

nassauboy9

I like to look at things as correlations. I find it interesting as more big institutions, states, countries express interest or have bought BTC the more "it feels" its being constrained. One way to think of it is, if you want to accumulate (bigger guys) then the lower the price the better. BUT not so low that people lose faith or if you acquiring on borrowed money that you loan gets called. If you have a way to influence the price down, even among good news, why not? You are a net buyer and loser price is good. If you are a trader then the volatility is something you love. So what does it matter if its BTC or XYZ company - you not a long term holder. If you believe in BTC long term and its premise, then it becomes mind boggling that there is ANY volitility and should be straight up. W H I C H can lead to trying to be a trader, however because married to the stock you wont do a good job at it. When you combine these ideas, and you try to assign logic to it, then it appears as what you see happening. BTC dont care, Long term holders that dont need the money see it as Art. Why would I sell the Mona Lisa? Me, very long term holder, but I do get a rush trading 1-3% (just miss the old days of stocks, options etc) Think of it as casino money. Ive been in since the very near start and none of this is new. My advice is dont overthink it. Its trillions in market cap with big player invested that more than likely have more at risk that yourself. Get a little bit, and with skin in the game you will desire to learn and understand more.

DistributionOwn8708

People who bought BTC at $1 Me, who bought BTC at $3.5

nassauboy9

I propose that BTC is backed by energy, and would go a far as to say indirectly a store of energy. If you can see that it takes energy to make the BTC, and that you basically digitized that value (the cost to make that energy) then you should be able to see that having that ability to spend/borrow against exist. I hold multiple currencies, let's say USD, CAD, EURO .... is holding BTC in some amount not prudent? What backs the USD short of the Petro Dollar and the military might (which by the way needs dollars to exist)? Supply and demand is true for all asset categories. Maybe the demand for BTC is low at the moment, To each their own, and as someone mentioned everyone gets BTC at the price they deserve. When BTC was 30$ CAD, so lets say about $20 USD a coin, I only convince 5 people to buy one.

antasit

I agree. But alt gamblers like me in stress. I don't want to die without 1 BTC 😅

Dipluz

If they want to enter with big money its the only way. Because if the community notices it will start a bullrun. Theres a multitude of reports saying the amount of 1.000BTC wallets has increased by a lot.

Longjumping-Row-6147

Thats cool. Only that BTC has never continued its bull market uptrend after 2 deep weekly closes below its 50 week moving average and we just (or are about to) put in 3. Historically followed by about an 80% drop to the 100day ma over a year or some shit. 36k BTC here we come.

HSuke

Omg, must write article about 30 BTC being moved

Imaginary_Button_968

Something I made in hopes of a clear headed view of it. I'm a college student currently and I do have BTC. I'm not someone who has that much money to spend, but I do have some, and this is not a way to antagonize. It's a clear headed way of looking at it, hopefully. Bitcoin is a bet on demand and adoption, isn't it? It's what I think. Do it irresponsibly and you might even call it a gamble. Its true, as money it's bad (at its current state, I think you all know why). As a hedge against inflation? It's been here for 16 years with no concise way of knowing it'll stay or keep its performance. Intrinsically, its backed by speculators (my opinion). It's a bet that enough people believe it'll go up, that is, more people will also believe it as a way to increase their money. If enough people believe it for long enough, it may get a little bit of a normative position in society's view of finance. But that's only "if". If enough believe in it, it might stay valuable. "If". Eventually with increased marketcap, it'll be harder to make money there and then it'd be like, well, an alternative to gold, really. Or, the cycle could become the norm and it'd be an asset where people gamble for periods of times. Bitcoin is a gambled speculative allocation based on long term belief adoption. And your allocation probably should be how comfortable you are with that, 1-5% probably (Consider enough exposure if it succeeds, while not enough pain if it fails). It's a bet on adoption and demand, some people want that bet, some don't. Bitcoin is not guaranteed, not inevitable, not backed by fundamentals, not a proven hedge, not money today. Again, it's a bet on adoption and demand (some people want that bet, some don't.) Thank you and do engage if you say there's a an aspect missed so that others consider it.

Thathitfromthe80s

I don’t think you realize how much faster and bigger they’ll be shuffling things with BTC settlements all over the world.

Macrike

Everything gets cheaper over time when priced in BTC. I have a spreadsheet with a “wish list” of things I really want in life, with a column of its current price in GBP and the equivalent price in BTC. I then take a snapshot every year. The Porsche 911 I want is getting cheaper (in BTC terms) every year and soon I will be able to afford one assuming prices (in BTC) keep dropping.

sirporter

This is the problem with all cryptos outside of BTC and ETH.  We already have the store of value with BTC. Almost all other L1s will be out competed by ETH L2s because they inherit the security and network effects of ETH’s L1.  The only advantage those L1s have is marketing. 

grayjacanda

It is possible to artificially suppress a market (especially one like this, where there it's hard to establish a natural baseline). Do a lot of short selling and just ... keep doing that. The problem is that this actually costs you money unless the price then drops so you can cover. Now, \*maybe\* you can intimidate or stampede or discourage the BTC longs well enough for this to pay off ... but with the current market cap, it would require tens of billions of dollars to actually move the price much. So no, I don't think this is happening to any meaningful degree.

coinfeeds-bot

tldr; Dormant Bitcoin wallets linked to Silk Road have moved 33.7 BTC, worth over $3 million, after nearly five years of inactivity. The funds were consolidated and sent to a Coinbase Prime deposit address. Silk Road, a darknet marketplace operational from 2011 to 2013, was shut down after its founder Ross Ulbricht's arrest. Speculation surrounds the identity of the person behind the transfers, with theories ranging from government agents to former Silk Road affiliates. Approximately 416 BTC remains in the linked addresses. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Reasonable_Band1536

Until BTC becomes more widely adopted, yes.

thupkt

For MANY months the large trading desks who want BTC have maintained short futures and then when they close their profitable short futures, they reverse position by adding actual BTC holdings and keeping them. This is their way of most affordably soaking up available supply. It works until it doesn't, and when it doesn't, we'll all be posting rocket and up rollercoaster memes until we are blue in the face. FAITH