Reddit Posts
Do you think the people affected by the historical floods over the next five days will be buying, selling, or holding BTC?
How do you monitor positions + orderbooks across DEXs, CEXs, and other platforms?
Peter Brandt Highlights Bitcoin Price Pattern Key to Keeping BTC's Bull Trend Healthy
How do the largest hodlers of BTC store thier coins?
What percent of us do you think are hodling this way, Pros and Cons. Storage
Is it a common misconception that Bitcoins gain their value from the cost of electricity required to generate them?
BTC can't turn $1 into $10 in 2024 - yes it can, over and over
MSTR or miners for leveraged play? (and how is the halving supposed to be bullish for miners??)
BlackRock Bitcoin ETF has surpassed holdings worth over $2 billion, equivalent to more than 52,000 BTC.
BlackRock Bitcoin ETF has surpassed holdings worth over $2 billion, equivalent to more than 52,000 BTC.
Don't Get Rekt in This Bull Run: Remember the 2017 "Earn" Scams?
Don't Get Rekt in This Bull Run: Remember the 2017 "Earn" Scams?
BTCMinetrix | ERC-20 | Cloud App | Stake Tokens = Mine Bitcoin | Audited | Presale Is Almost Finished | Join Before Official Launch
Reminder: Bitcoin Was Invented to Replace the Current Flawed System, Not to Be Absorbed Into It. Stop getting excited about BlackRock and Fidelity accumulating more BTC every day, and be aware of what's coming.
I LOVE BTC logo design. Feel free to use it for any purpose. Design source files are in the comments.
Bitcoin As A Power Law: why BTC is predictable over the long run
ICYF: BTC ETFs can start advertising on Google from Today.
"Traditional" Investor here looking to diversify, should I buy a lot of BTC before the halving?
Mined BTC early, trying to figure out if recovery is possible...
Crypto Reporting (US) - Bitcoin and failing to report loses; Need help to fix this
BitcoinMinetrix | ERC-20 | Cloud Mining | Stake To Mine BTC | Audited & SAFU | Jump In Before Listing
Setting up a Node on a new N100 Mini PC, What do I need to Know?
Reminder: Bitcoin Was Invented to Replace the Current Flawed System, Not to Be Absorbed Into It. Stop getting excited about BlackRock and Fidelity accumulating more BTC every day, and be aware of what's coming.
The last deadline for an Ethereum ETF approval for the SEC is in May 2024, expect a stronger pump than the months before the BTC ETF approval
My last post was deleted: I heard you guys loud and clear
Why BTC will be sideways or downward for months..
ETF's price drop explained, and why the growing optimism!
Hey are you interested in BTC investment The BTC investment is that you will have to open a btc wallet and fund it and if you have it already then you’re already a winner What you will just do is that you will use $50-$200 $100-$300 $150-$400 $300-$500 $500-$1000 $1500-$2000 $2000-$3000
If Bitcoin Didn't Exist Where Would You Put Your Capital?
Navigating the BTC Market Shake-up: Understanding Grayscale's Move and the Dynamics of Weak vs. Strong Hands
Question about ETF -- are BTC traded or do they tend to be held?
I just saw my first Bitcoin ad on basic cable tv….
Hey are you interested in BTC investment The BTC investment is that you will have to open a btc wallet and fund it and if you have it already then you’re already a winner What you will just do is that you will use $50-$200 $100-$300 $150-$400 $300-$500 $500-$1000 $1500-$2000 $2000-$3000
Saudi Arabia to Match Satoshi Nakamoto's 1Million Bitcoin!
The previous Bull Run was pretty underwhelming.
Clarification on UTXOs / what am I misunderstanding re: consolidation?
Bitcoin Mempool Ordinal / BRC-20 / DataCarrier transaction comparison?
Have you ever wondered what Albert Einstein may have said about Bitcoin?
Have you ever wondered what Albert Einstein might have said about Bitcoin?
How long did it take you to understand why BTC really matters?
Is Bitcoin Finally Finding Firm Ground as Grayscale’s BTC ETF Outflows Calm Down?
Is Bitcoin Finally Finding Firm Ground as Grayscale’s BTC ETF Outflows Calm Down?
Joe Rogan learning BTC being the best store of value in the world 10yrs ago when BTC is 900$
1 year ago I ACTUALLY lost most of my Bitcoin in a boating accident.
BitcoinMinetrix | ERC-20 | Cloud Mining | Stake Tokens = Mine Bitcoin | Audited & Safe | Presale Is Almost Finished | Join Before Listing
Bitcoin Monthly 32 - Stay up to date with what matters
Pricing All Everyday Goods in BTC, From iPhone to Houses, Will Act as an Electroshock to Your Awareness of the Bitcoin Revolution.
Finding Remote International Jobs (Freelance or Salary) That Pay In BTC
After looking into Bitcoin for 1 month and reading A LOT of posts on this Reddit I have no clue if BTC will go to the moon or go to zero.
Does the fact that Coinbase holds custody of 8 out of the 11 spot BTC ETFs pose any risk?
Mentions
"Crypto"? There is no "crypto"--there's only BTC Please don't conflate the two
Honestly, a dip back to $100 isn’t impossible, but it really depends on broader market sentiment. SOL’s had some big swings before, and when liquidity dries up or macro turns ugly, it tends to retrace hard. At the same time, network activity and dev momentum are still strong, so any drop usually gets bought up pretty fast. What I watch for are BTC dominance shifts, funding rates, and whether SOL’s TVL keeps rising. Those usually give an early hint about deeper corrections. In my case, scaling in during pullbacks has worked better than trying to time a perfect bottom. If you’re moving between chains during volatility, tools like Rubic have made that process smoother for me, but it’s just one option. Happy to dive into the specific indicators you’re watching if you want.
Oof... I'd say that at least one BTC ETF will be liquidated during bear. Wouldn't be the first fonds to stop operating. At some point it isn't creating revenue
Banking account or OTC. It doesn't matter if you sell your BTC. Someone will be buying it back. Enjoy.
> I wonder what Saylor thinks about all this Most likely he thinks how to leverage his enormous BTC assets. One way is to create a new stablecoin backed by company assets. He will be able to print a few more billions this way.
Men want only one thing and that is ETH/BTC at 0.1 Is it disgusting?
Men want only one thing and that is ETH/BTC at 0.1 Is it disgusting?
Ohh, shiiit, mutiny at BTC!
Spoke to BTC CEO. His words: “Yeah, the bull run is being re-scheduled to Jan 2026.”
When BTC went up to 60k last cyle, nobody expected a drop back to 30k. . . . . . Oh wait just looked at the charts and it went to 15k! Feeling the same vibes as back then. I am expecting a push towards 100k first then we will go straight back to 30-40k.
Point to the 7% inflation. Last I heard, the BLS hadn't reported data in a while. The last reliable data to come out about inflation has the number nearer 3.5%. I won't argue with you that banks are exploitative, take unnecessary risks, and have a long track record of screwing people. Thats partly why I got into BTC; to dodge banks and fight inflation in my portfolio.
BTC - GOLD ETH - SILVER EASY picking.
You take MSTR down = they need liquidity = MSTR sells BTC at a loose = BTC goes down = JP Morgan buys BTC at a discount = BTC skyrockets
Save yourself some time and just get a node (pi or Umbrel home). I would recommend 2 TB SSD if you are going to use Umbrel OS. The BTC blockchain is already 800 GB so you will have to upgrade soon anyway. Also the node is going to look a lot cleaner in a nice smaller form factor. I’m running one in a raspberry pi 4 with 2 TB SSD in an argon case. Good luck!
24 August - 25 November BTC 113k to 87k = -23% Ethereum 4750 to 2912 = -38.7% It was, in fact, much better to hold Bitcoin than to hold Ethereum, in fact, who bought Ethereum on August 24, bought the top lol
The difference is that Alphabet makes real products and services which a shit ton of people actually use. Realistically BTC's MC should be less than 1% of GOOGL.
I will keep the $180k in BTC, and maintain a cash reserve on the side in case it does drop.
a quick calculation... if BTC drops below £52K, you are liquidated anyway
Looking at his post history. He’s a grown man trying to insult a 21 y/o that admits to making a financial mistake. Seems he crawls around trying to be a condescending prick on more threads than just this one. I get it, I lost 1/4 of my networth. I’m working on getting the BTC back. Worst case scenario I sell my vehicles prior to the loan term. Hopefully prior to it crashing.
Yes but the post here is essentially implying that BTC is a better currency. And some people say that BTC is a currency, when in reality it is treated more like gold or silver as you said. A way to hoard and gain wealth, not to spend it.
I would liquidate now and de-risk. Nobody knows where the bottom of the market is - if it bottoms at $50K you could get lucky and buy back 3.7 BTC. In the meantime you could put the $180K in a high interest account
Sorry about the business. Despite admitting you made some poor financial decisions you still choose to keep the stuff instead of saving (some of) your BTC. That's another poor decision to me. But hey, at least you look good :)
lol “the first time BTC has peaked”
I smell jealousy. Have fun DCAing your $500 weekly allowance in to BTC. I’ll continue investing and enjoy my cars and play dress up 😆
You do pay a fee, yes — there’s no way around that when you move Bitcoin on-chain. But the real question is what you plan to do with your Bitcoin after you move it. If your intention is just to hold your BTC long-term in your own wallet (like BlueWallet), then honestly just pay the one-time network fee and be done. Even if the fee is a little high that day, it’s a one-time move and then you’re self-custodial. But if your intention is to actually use your Bitcoin — send it, swap it, earn yield, interact with DeFi, etc. — then you might want to move it to a Layer 2 instead of leaving it on Layer 1. Examples: • Lightning Network → super cheap (fractions of a penny), great for payments. • Stacks / sBTC → lets you do DeFi, lending, swaps, etc. much cheaper than L1. • Liquid Network → also an L2 option with lower fees. So the fee question really comes down to your goal: • If you just want to hold your BTC → move once, pay the fee, done. • If you want to use your BTC → consider L2s so future transactions cost almost nothing. If you want, I can break down the differences between the L2 options or help you figure out which fits your goals.
Fucking ICOs man. Universa was supposed to the the smart contract of the future! /s I cashed in and made ~$10k on litecoin after Charlie announced he was liquidating all his coins. Was steadily buying when it was $10-$20. I’m from the way back machine, too. I had 6 BTC in Mt. Gox when they were $3 a pop. Tried to join the class action lawsuit, but they required you to have had at least $5k in your account at the time of the hack. Shit had to be an inside job. Crazy how they have yet to pay back anything. Fuck Mt. Gox.
The VISA and Mastercards of the bitcoin market also charge 2% plus a flatrate per transaction. BTC is not a solution. for daily transactions.
Yeah.. I’M the one crying over some fool having to liquidate their BTC cause they want dumb shit like cars and clothes instead 😂 Quite full of yourself, wonder why the business didn’t work out..
Yes. I was stupid and got ahead of myself. You should only borrow against BTC if you have deeper pockets and actual established layouts for how you will use it to generate more cash flow.
Fun part about Quantum is that it can be used to crack, but it could be used to secure. It Quantum computing cracks BTC, then ALL banking and government will be attacked first, it would not be a BTC exclusive thing.
Anyone promoting a club isn't making money from crypto they are making it from links and the club. The only place I'd every considered joining was into the crypto verse by Ben Cowen. He doesn't heavily promote it or shill coins. He says what he sees and it's usually about BTC eth and not about alt coins. But the data available on his subscription would be nice to have
2 cars and some clothes instead of your future.. solid choice bro. Sell the BTC, you don’t deserve it anyway. You’re still thinking and spending like a fiat slave
I understand, but I’m typically financially responsible. How do you think I accumulated 3.7 BTC to begin with? I don’t need 10 million dollars to be happy by the time I’m 50. We may be cut from a different cloth. One can value hoarding money, while another can value living life while you’re young, learning from financial mistakes, and using it to fuel more frugal spending in the future so they can live comfortably.
Dude if anything liquidate those cars immediately. There’s no way I’d keep cars and dump BTC.
Borrowed 50% of my BTC value when BTC was @ $70k. This would equal to a loan of $129,500.
Indeed. Good point. I was a customer of Washington Mutual bank in 2008, and had about $25k on deposit there. When the feds shut them down in the wake of the MBS crisis, I lost access to my money for one day, a Sunday when the bank was closed and my old ATM card didn’t work. (Even then I could still have written a check.) When the bank opened Monday morning i had a Chase account, Chase signs had replaced WAMU signs on the branches overnight, and I had full access to my funds. If I had put my money as BTC into Mt. Gox two years later, I might still be waiting to get made whole.
If you feel bad for not investing in BTC earlier you are a loser Only a retard would save money instead of spending it on weed and food. You only can invest that which you steal. Do not ever earn any money.
I collateralized 3.7 of my own Bitcoin. They give you half the value of your BTC. If you can’t pay the loan, they simple sell some of your Bitcoin to pay it then give the rest back.
some retail investors say they saw us in their nightmares buying chunks of BTC that they sold due the dip :))
3.7 BTC is more important than your cars. Sell that garbage, at least 1
Yes I do on a daily basis, here its better to transact in BTC as our currency has been devalued massively by the government, if I hold onto my currency I can barely afford food month to month on top of living expenses. BTC is a ray of hope for us, I know its not the same in the USA because dollar is still valuable there, but for us we have no choice.
Safety is a perception, people think just because a government is controlling it , it’s safe. Not realizing that true ledger and safety of money lies in nature where something is scarce (21m) hard to produce (Proof of work). BTC will always outclass dollar, it’s the hardest money known to humanity.
Shouting doesn't provide clarity. You seem to avoid the issue of what happens once all 21 million coins have been mined. There will be no more reward for doing their mining because there will be no more coins. BUT, their service is still essential because the verification they do is what makes BTC secure and verifiable. I am simply saying that at that point in the bitcoin world the miners will get their compensation from another source.
Meanwhile Kaspa every time BTC is even a little bullish: [https://imgur.com/a/EG5o2pB](https://imgur.com/a/EG5o2pB)
Groceries and local produce and dairy. I live on BTC standard.
The world is changing quite fast. All these obscure ETFs (especially non BTC related) will experience a very rude awakening in the years to follow. Stakeholders and Tax payers will pay the price, as always… 2026/27 will be a dark winter for BTC and alts. It will be times of great adaptation for big players in wall street. Those who tokenize and improve auditable operations of their stocks will prevail. When they notice how complex that actually is the next bull market will come like no other. BTC is at least a few good decades ahead of everyone in that aspect.
If your goal is true long-term “buy and hold” security (20–30 years), I’d seriously consider looking beyond traditional hardware wallets and into air-gapped, open-source solutions. For example, the Krux K210 is a great option for people who value maximum transparency and independence. It’s not a commercial hardware wallet — it’s a fully open-source, DIY, air-gapped signing device you assemble yourself. Because: • It’s completely offline (no Bluetooth, no USB data, no apps). • Full open-source firmware, so nothing is hidden. • Uses camera + QR codes for signing, which removes the attack surface of cables or radios. • You can rebuild or reflash the device anytime, which gives long-term survivability. • No company to rely on or trust for decades. For long-term storage, that’s actually an advantage: no supply chain risk, no closed-source code, and no single manufacturer you depend on for 30 years. Of course, DIY means a bit more work than buying a Ledger or Trezor, but for people who want maximum sovereignty, Krux is one of the safest setups today. Splitting your BTC between two wallets is also a smart idea — reduces single-point risk. Just make sure to focus on seed phrase durability (metal backup), because that’s ultimately the real long-term key.
Where are the BTC.D Stans that were saying alt season starts when BTC dumps?
tldr; Metaplanet has secured a $130 million loan backed by its Bitcoin holdings, amidst a challenging crypto market. The Japanese firm, holding 30,823 BTC, plans to use the funds for buying more Bitcoin, expanding Bitcoin-related businesses, and stock buybacks. Despite Bitcoin trading below its cost basis, Metaplanet views BTC as a strategic asset. The company also launched the 'Mercury' initiative to raise $150 million for Bitcoin expansion. This move highlights a growing trend of corporations leveraging Bitcoin-backed loans for liquidity. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I haven't bought any BTC in years, I think it's time to buy
Actually your wrong about that, people would desperately accept any alternative. Lookup why some countries use other countries fiat. BTC has very high chances of being opted as successor after a state level default on the debt. I'm betting BTC payments for example in Venezuela are up like 10000x from before their monetary collapse. Didn't look it up but it would make very much sense.
GOOG is pumping well, as a high risk and high return investment respectively, BTC should be pumped to at least 170k before landing, 126k is quite low in my opinion
True it's driven by distrust in the banking sector and money printing. Once that is to be trusted it will probably be a lot less valuable, guess when that happens. 😌 Personally I HODL BTC exactly because I have 0 trust that it's safe on bank accounts. The banking system is rotten to the core. Fiat is unicorn level money. BTC is not, it's held ran by an internet/torrent level system. That's why people value it.
If I knew how far BTC will drop, I wouldn't be replying to this post lol
Fair warning, I'm about to type a book, but it'll make my position clear. Simple, interest rate hikes were stalled for far too long. This caught a whole bunch of retailers ( in fact, I'd wager most ) out. Go look at any time in history, unemployment rates above 5% signals economic turmoil. It's all aligning beautifully. This cycle may not even be over yet, but that's market psychology and I won't be drawn into it. The US unemployment rate is steadily heading that way and if it doesn't reach beyond 5% the government will '' revise '' and bullshit their way there, or they'll stage some political event, it has always worked this way, the average person thinks everything around them is random and it isn't. But I won't go into that any further before I get labeled a '' conspiracy theorist '' even though all these things can easily be googled, manufactured consent for example. Eventually the interest rates will be low yet again and everyone will celebrate ( euphoria ) but again historically rate hikes signal a downturn in activity as far as crypto or stocks would go, there's ALWAYS a crash, without fail. Again, the average person just never pays attention, they either wait for the next news headline or listen to what their coworkers or enough people around them say. Go look it up for yourself, test my words and see if I'm pulling them out my ass. Rate hikes signal a '' sufficiently soft '' labour market, just another way of saying enough average people have been fired and fucked over and the wealth has successfully been transferred. So in essence the economy has now been damaged enough, funnily enough via money printing and will now be propped up by more printing which kicks the can down the road until eventually the system will need to reset. This can't go on forever but it will be for now. So that's what I'm basing my strategy around. Alt season will happen again, it's almost a guarantee because once interest rates are stupidly low the rich can hedge their bets and of course retailers also get ballsy. Human greed and stupidity may be a different picture each time but it always ends the same. This explains why BTC went up first this time and not very many of the alts, the interest rates and cost of living have drained most retailers, the liquidity is dry, it's only big players propping this market currently. Now you may argue it always is, but you need retail speculation for them to trap and swing the market or to drive the market via speculation, it always turns into a frenzy. Mark my words, save this comment if you want to. Cause I'm either right and then you can call me nostradamus or you'll be able to laugh at me and ask me how it feels to be a bag holder :D In 2026 you may see another run up as interest rates get lowered, it depends on the pace. At a certain point though large players take their profit and close their positions. The next halving is in April 2028 somewhere and you can expect a crash of epic proportions before then which we'll have to wait and see how that plays out over the next two years, it may even be delayed. But the point is, you'll know when it's time to genuinely buy, the market will be on fire and this sub will be even emptier than it is now. Youtubers will be shilling coins they think might go up in the future and everyone will pretend they saw it coming and that they're '' bears '' now. Always the same bullshit story, just sprinkle some politics in between and a scandal or two that's so obviously orchestrated and the masses will think it's all random.
Everyone is not worried. It's called volatility! Learn about it if you want to invest in the space. Buy BTC and ETH. The others are just poker chips on the roulette table.
Largely agree, I’d just say that BTC *will* revisit lower levels if the Fed stays restrictive. I haven’t looked into this $100k wall, but what you’ve said intuitively makes sense. But I think the wall can’t be taken at face value per se, the bulk of those orders can and probably will shift forward or backwards with market sentiment. For example if we go back to $81k, a bunch of people that are underwater but are hoping we are having a sustained bounce and might be part of that $100k wall might decide to just cut their losses at $81k. Likewise if we start to get up to the mid $90’s, or start to slowly eat into the $100k wall, a bunch of people in that $100k wall will probably be feeling bullish/ greedy again and change their limit sell price to +$110k. So we might get to $100k only to find most of the wall has already disappeared. As for a mid-cycle bounce or a pause before another leg down, I have no clue and I’m highly skeptical of anyone that says they know otherwise
It's amazing when average Joe/Janes indirectly describe all the issues with fiat currency with zero fucking irony while they think they're making points against BTC.
BTC will be upgraded well before quantum laptops become a thing
BTC will recover. That's for sure.
33% BTC, 33% ETH, 33 % WeFi would be my recommendation
Hi, while I also recommend to invest in BTC, ETH, ADA regularly, my best choice would be WeFi (future of Banking Defi - credit card already operational).They planned a constant growth, and you can even make better long term investment mining the WeFi token at low price (just buying ITO). We are potentially at the end of this cycle for BTC, and the strategy of WeFi makes it very resilient even during this type of phase. If you have questions, happy to help. https://preview.redd.it/uitpis5asd3g1.jpeg?width=2622&format=pjpg&auto=webp&s=51248d14dee3343a422bc31f54eb48ff83093a56
can I send that postcard globally within minutes, or even seconds? can I divide them (and rejoin) them? as I said, Bitcoin can act as a secondary currency that *might* benefit from a failing primary currency going through it's inflationary death spiral phase in countries that are going through that, it's exactly what's happening. I recall reading about Venezuelans holding all their 'cash' in BTC because their currency becomes worthless literally over night. yes, the USD runs at a larger scale, but ultimately that only means it's downfall takes longer and will wreck more people
Which is also what makes it impossible. If it happened, there's be a hard fork resulting in an unchanged 21 million BTC chain and the new limit chain. For the new limit chain to become the real Bitcoin, it would have to maintain a higher valuation than the 21 million BTC chain.
Owning 1BTC is not a magical state to aspire too It’s just 1BTC
Good. BTW you never had any BTC. Your stupid exchange of choice had it on your behalf. There is a huge difference. Went right over your head huh… The less ignorant people we have in BTC today, the more of my hypercollateralized sats you will need to borrow (USDT, EURT and other stables backed by bitcoin) in the future from us bitcoiners. Bitcoin is for a smaller group of individuals that truly understand. Your kinda people should stick around swing trading memecoins and other relentlessly manipulated shitcoins… “You need people like me so you can point your fucking fingers and say, "That's the bad guy." So... what that make you? Good? You're not good.” - Mayer Amschel Rothschild & John D. Rockefeller
Is the coin BTC - yes - buy it No - don’t buy it.
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If you are not in BTC you are guaranteed going to die. You DA!
I mean yeah. BTC doesn’t have intrinsic value , only extrinsic
Hey, I've borrowed against my BTC a couple times to avoid selling during dips—used the cash for real estate down payments. Pros: Keeps your coins, low LTV minimizes liquidation risk. Paid back via side hustle income. Tried platforms like BlockFi (RIP) and now options like [borrow.satsterminal.com](http://borrow.satsterminal.com) for better rates. Got coins back easy. You?
Hope you don’t mind me reaching out as I came across your post on the Bitcoin sub wanting to know what point would be good to buy BTC, not sure if you’ve succeeded in finding the right answer as I’m quite a newbie myself too with 2 months experience and my approach towards it isn’t just HODLing but trading too, and comes with daily profit returns
I'm in Australia and with 15BTC you could buy a tent to live in
There are also plenty of moonbois that look at the BTC.D and think : alt season is near 🤷♂️
Most things but a house and food have intrinsic value. Could you please explain why only brainwashed individuals believe there’s only 21 million BTC?
Real time motion tracker of BTC swirling the drain.
if you wonder why BTC price went up to 89228 then dropped it's because i placed a limit sell order at 89499 😂
What's next some Vodka alchemy to forge some BTC?
“Decentralized” does not have anything to do with whether or not the price can be manipulated. It has to do with control of the actual currency itself. BTC isn’t controlled by any one entity. But its price can absolutely be manipulated. It’s still decentralized
BTC uses a small fee, regardless of the size of the payment, not a percentage. Yon can make a 10k payment cheaply. With a 3% fee of visa you'd pay 300$ fee.
One dies mot pay taxes for buying BTC. Get an education.
I offered a choice of tip to a young server at a café in Québec City - CAD or BTC - thinking that maybe he’s into crypto. He went for the CAD. I haven’t had many takers.
That stuff don’t matter , BTC is not a penny stock , it’s a global macro asset .
Saying “ nobody knows nothin “ is a bit disingenuous, when we know for a fact BTC is not Astrology. It runs on liquidity cycles , miner economics, halving supply shocks and most importantly HUMAN BEHAVIOR! This is why every single cycle has followed the same 4 year structure reliably enough to be useful.
Of course! We literally fell through 90k like a brick last week, so don’t expect BTC to just walk upwards through that level like it’s nothing. Same applies to the 100k range, and the 107k+ range. A small trend reversal doesn’t mean imminent ATH at all, but that seems to be the illusion a few of us believe in.
Rough estimates are that about 5% of all BTC are in the custody of Coinbase. Though, this information is not public. Coinbase owns about 15,000 BTC
This, I started out chasing moonshots and ended up converting eRRYthint to BTC
I don’t see a huge motivation, but I see a motivation. As a merchant, I’m not going to turn away a sale just because someone prefers to use BTC to pay me, especially not if accepting it is low to zero effort on my part. The chances of this today are tiny, but as acceptance grows then the motivation does likewise. Now, if it cost me or it were a hassle to implement, then that would turn me away.
Let me further clarify. There are a lot of people out there who know, or have been told, that a 30% or so drop is “nothing” compared to what BTC has done in the past. Some of them believe that, in combination with other cycles or indicators (e.g. the “4-year cycle”) means that we are due for a much larger drop than what we have been seeing so far. If this is your prediction, then it is better to cut your losses now instead of waiting for it to drop even further. Some who believe this also see it as an opportunity. Sell at $86K, wait until it drops to $60K or even lower, then buy it all back again.
Last chance to sell BTC before the final dump?
Standard reply by a coper. Why are every sectmember assuming that you haven't read enough if you don't agree with their naive interpretation of economics and monetary systems? I will never touch BTC. As a principle, I don't want to make money off of scams.
Be careful not to buy organic eggs or beef though, otherwise you’ll need an extra 3 BTC!
Dang you lost .1 BTC in a boating accident. Sorry bro.
BTC has value because people started using it as an alternative currency in the black markets of the world.
Maybe, but then it will go to zero. I think it could be the biggest scam of all time tbh. I trade BTC & Crypto, so I’m not anti-crypto or BTC. I just think it’s all a big wealth transfer. Just my opinion.
Sell your Bitcoin for what? Fiat currencies? That would make no sense. Why exchange hard money for soft money? For profit? Pointless. On the other hand, the fall in the price of Bitcoin in soft money allows you to obtain more BTC when you protect the fruits of your labor from the ravages of the current system. An opportunity to seize every time!
Not in the US. Only on the sale. Which means technically you can also get a tax benefit from it via a loss. But again. I have built my BTC stack as a hedge for much greater financial changes yet to come and as such will not be ‘selling’ any more BTC. I believe whole heartedly that the US dollar, and most centralized fiat currencies, will continuously inflate indefinitely while BTC is deflationary. Through means of leverage and lending, i intend to live off of my saved wealth without spending it. Ever.
Your analysis makes sense, BTC has historically dropped 70–80% after peaks, so a bottom around 31k–40k is possible. Also, projects like AIOZ are worth keeping an eye on this cycle, even if BTC corrects.
They can get BTC too or only eth ?