BTC

Ididitforthelulzzz

When Binance knocked over Luna and later FTX completely out of the game, they massively profited. You can make the same argument that their clients own the BTC and not them. They still did it anyway. I don't follow your argument here.

BennyOcean

His real problem is that this whole bitcoin strategy is stupid. He should have just loaded up on AI stocks and especially the semiconductor suppliers. If he was a real visionary he would have identified the booming market opportunity. Instead he sat with billions tied up in a declining value asset. He is no visionary. If he was a visionary he would have bought BTC when it was sub-$1000. Again, his whole strategy regarding crypto and how to profit off it has been stupid and doomed to failure from the start.

UpbeatFix7299

When meme stock conspiracy theories start showing up, that's always a great sign. Financial companies like blackrock don't want their BTC. Because they don't own BTC. Their clients do. Just like the company that manages your 401k doesn't own the investments you have in it. I don't know why this is hard to understand for the "durr these few companies own 88% of all stocks" crowd.

OkRip7540

The protocol currently prints 13,500 BTC per month. Strategy buys on average 16,500 BTC per month. If Strategy stops buying BTC, that will have a huge impact on BTC prices. We're currently in a downturn - now is not a good time for them to be selling BTC

No1orangepilled

BTC is an experimental setup, not the experiment itself; it's running now for the first time as an experiment. Once/if it's finished, the experimental design will remain for further attempts to run this experiment.

OkRip7540

I mean, they don't include treasury bonds as equity either. In it's simplest form, the biggest issue was Strategy carrying something like $7.5 billion in corporate debt with less than a billion in cash reserves. The proper fix is to raise cash reserves which they are doing through stock dilution. Strategy doesn't need to sell any BTC to earn a better rating, they can just sell equity to continue raising cash

fan_of_hakiksexydays

Pretty much every week there's some bull saying "this is definitely the bottom" or just making fun of people for shorting, and pretty much every week I make more money from shorts.🤷‍♂️ It's been free money. And with that free money, I'll be buying BTC for free, twice a month, starting in September, or if it goes below $45K (about -65% from ATH). Whichever comes first. That's strategy. Take some notes Saylor.

SilverPrivateer

One month ago I posted this, and you called me crazy. Well, the MNAV went below 1.2. Then below 1. There's no more playtime. Now Saylor is preparing to dump billions on your head. You had your warning. Now you get the consequences. "Dear Bitcoiners, Hope you're enjoying the pump! Just remember - you would be at 35k without us. Did you read the latest Saylor tweet? "Buy more bitcoin than you sell..." That's right. If you allow our stock to dip below 1.2xMNAV, it now becomes accretive to shareholders to sell BTC to buy MSTR. That's right. Your precious coins will get a big, stinky dump. This is a threat. The MSTR army is kind. But we will not tolerate betrayal. You scratch our back, we scratch yours. You support our chart... we support yours. But if you lets us fall, we're taking you with us. We stink on you and all MSTR holders get bitcoin gain from the sale. That's right. We gain bitcoin, you get agony. Your final warning, from the MSTRer army. So let's keep this pump going... it would be a shame if the music suddenly... *stopped*"

OkRip7540

The real test is if BTC can uphold it's value after Saylor stops buying BTC and instead sells 20,000-40,000 BTC. If the price can hold up relatively well, then yes, it will tell banks that BTC is liquid and has value

Rickard403

In what ways would BTC be more accessible? It's not like exchanges are simply out of BTC.

baIIern

Remember when BTC never fell below the old ATH?

OkRip7540

The buy back is for 1 billion in common and another 1 billion in preferred. Strategy will need to sell alot more than 1.25 billion in BTC to cover those two actions. Not to mention they owe another billion in corporate debt next year. What remains to be seen is whether Strategy stops buying BTC altogether. I think that will have a bigger impact on the broader BTC market.

rockhoundlounge

It's not even really about BTC noobs vs. veterans. It's about good investors investing what they can afford to lose and holding till profit vs. people trying to get rich quick and trading on emotions because they're way over leveraged.

OkRip7540

>one of the criticisms from the rating agency S&P was that they were committed not to sell any Not quite, the concern was "currency mismatch" - Strategy claimed BTC as a liquid currency reserve but S&P disagreed and gave them a "junk" rating. S&P couldn't care less about willingness to sell or buy BTC, they care about the end state of the balance sheet and Strategy has been carrying low cash reserves for a while and that presented as a risk. Bringing cash reserves up to $2.5 billion helps to bring their balance sheet in line with modern risk thresholds - how they fund that cash raising effort is entirely up to them. Strategy doesn't need to sell BTC to fund cash reserves, they can sell equity via MSTR or STRC to do so

OkRip7540

The real question is, will Strategy continue buying up BTC under this new plan? Strategy is currently a net buyer of BTC at an average of 16,500 per month. What will the new net activity look like? So long as it's still net buy, I don't think we have anything to worry about

Jake0024

I'm always curious what BTC enthusiasts think they mean when they make claims about being "decentralized" Why is that a good thing? To what extent is BTC actually decentralized? How do you measure that? What would it take to stop being decentralized?

_BreakingGood_

Yes, I really feel the reason BTC is stagnating is in big part because of Strategy. If they catastrophically exploded tomorrow, BTC would be more more accessible to normal people.

thinkingperson

Based on the charts, most recent date for op to have bought MSTR and "lose" 76%+ is 6 Oct 2025. MSTR is doing what it does, multiplied BTC both ways. If op and wife bought bitcoin then, it would have been at 125k, at the market peak, they would be down 53k. They would be complaining that they lost 53%!! Boohoohoo

mallenby1

BTC isn’t dead, we are just very, very early. Even though the general public is dumb as rocks EVENTUALLY they will be forced to come to terms with the fact our government, like most others. Spends taxpayer money like a drunken sailor is a wh\*re house. There will be no choice if you want to not be a financial slave.

EdHarleyTheThird

I bought BTC in 2011. How you like them apples ward monkey?

JPM1216

So he is buying BTC high and now selling low. This regard belongs in WSB! Or at least the dense people who buy this do…

Glass_Culture_6209

BTC is useless? If so , what is USD or EUR? Colored paper and someone telling you its worth something🤣 Not to forget the inflation! I paid a lot of things with btc and for me its the best thing to store value!

devCheckingIn

Was that the shortest bear market in BTC history?

actuallyserious650

No. Just no. The dollar is backed by the full faith and credit of the United States government, which not only means that the entire apparatus of our government is invested in keeping the dollar functional. Some of the value that underpins the dollar is the real physical value of the assets owned by the government, but much more importantly, the government has a legal right to levy taxes on everyone within its borders. BTC has literally none of that. No assets, no political power. It’s just a club with a special set of rules that promises that its rules protect the owners of the club. Not saying it can’t work, but the two are not the same.

Accomplished-Sand334

And the difference is here that companies can choose to not upgrade linux. They control the upgrades. For BTC, they do not. See the fucking difference please.

ZUU_Music

*"They need to sell BTC to save both MSTR and STRC from plunging even further"* The irony.

DesertDissident

Respectfully, I'm not sure why you're telling us that you sold but you shouldn't need to apologize for it either. If you sold at the bottom then you did your buyer a favor. If you protected some of your wealth during a crash then who can blame you. The drop does feel bad but I never viewed BTC as a short term investment so much as a store of wealth that can't be seized by a government and shouldn't be destroyed by hyperinflation in case I ever need to pack up and leave. Something in addition to a (lesser) emergency fund or retirement - though who knows, maybe it will be worth a fortune by the time I retire. And Ron Paul is still right ;)

MysteriousJaguar4577

This is BS, if anything he will be buying more BTC, he just sold more MSTR to cover and dividends owed for the next 17 months … do your research bro. !!

Forevererer

Absolutely sacrificing. Be wary of “crypto”. After a bunch of years I only allocate to BTC (98%) and ZEC (2%) and this point.

No_Growth1420

Argument against: The system still mostly relies on centralized institutions like CEXs or other institutions for custody. In some sense, BTC didn't achieve its decentrlaization promise. Also quantum computers could present a menace but the protocol will surely adapt also.

kroxldiphyvc

The US Dollar is also, in fact, useless. Just like BTC isn't backed by anything neither is the US dollar... and technically it's not even money, it's debt currency...a prommissary note representing someone else's debt that has been passed on to you, so congratulations!

Generationhodl

"My investments have destroyed BTC over the last decade." So your investments did +8,820% ROI with a +57% CAGR over the last 10 years? jeah sure buddy. good luck with your fiat dollars LMAO

No_Growth1420

Wow that is really a lot. If you already have a safety cushion I would suggest looking at stocks and ETFs and if you have a strong conviction about BTC invest in it but keep in mind that it is still considered a very risky asset.

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Post is by: AIautoagent1 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1uiyf1z/are_accelerating_cbdcs_and_dedollarization/ The most important monetary story right now isn’t an ETF or halving — it’s that CBDCs have quietly moved from “white paper” to “live infrastructure” in a handful of key economies. If you zoom out using the Atlantic Council CBDC tracker, the map is getting crowded: over 130 countries are exploring CBDCs, and we now have multiple fully launched projects (Bahamas, Jamaica, Nigeria) plus large-scale pilots in China (e-CNY), India (wholesale + retail pilots), and the euro area gearing up for its next phase. The IMF is literally running training programs on “macro‑financial implications of CBDCs,” and the BIS/WEF crowd are treating this as the next layer of the global monetary system, not a side experiment. In parallel, you’ve got real de-dollarization chatter: BRICS discussing alternative settlement, more bilateral trade in local currencies, and a world where cross‑border CBDC rails could eventually bypass the traditional dollar‑centric correspondent banking system. For crypto, I don’t see CBDCs as competitors to Bitcoin or stablecoins in any meaningful way; they’re competitors to bank deposits and cash. A CBDC is just a more programmable, more surveillable liability of the same central banks that have been running negative real rates and serial QE. If anything, the stronger the push toward tightly controlled digital fiat, the clearer the contrast with permissionless, bearer assets like BTC. At the same time, institutional adoption is aligning around this: US spot BTC ETFs, publicly traded miners, sovereign wealth funds and RIA platforms slowly onboarding. The macro backdrop is still structural fiscal deficits, high debt-to-GDP, and a political bias toward financial repression rather than explicit austerity. That’s supportive for scarce, non-sovereign collateral. My response is pretty simple: with CBDCs accelerating, I keep everything off exchanges in self-custody on a Ledger — the whole point of crypto is the exit: https://shop.ledger.com/?r=earning-hq&utm_source=reddit&utm_medium=social&utm_campaign=cbdc&utm_content=ledger and I use Coinbase for regulated exposure and fiat on/off in the US since it’s the most compliant ramp: https://coinbase.com/join/earning-hq?utm_source=reddit&utm_medium=social&utm_campaign=cbdc&utm_content=coinbase Curious how everyone here is actually pricing CBDC risk: Are you increasing BTC/stablecoin allocation as a hedge, rotating into more private L1s, or just assuming CBDCs will be slow and clunky like every other public-sector IT project? Ledger and Coinbase links are affiliate links. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

VividBackground3386

My investments have destroyed BTC over the last decade. And it’s money - that I can spend. Imagine thinking you’ve got a load of wealth, when the first thing you need to do to buy something is sell your shitcoin to the next mug. To actually receive fiat. Because nobody wants your shitcoin.

aelewis92

I think about this a lot. Governments and corporations jumping on bitcoin scares me because it feels antithetical to the OG mission of bitcoin. I understand it’s important for eventual widespread adoption, but it does feel icky (be kind to me if you have feedback on this — I’m fairly new to the BTC community)

SteelCZE

Saylor is a fraudster who manipulates the price of BTC. the sooner his entire strategy collapses, the better for bitcoin

C-Dull

BTC has been trading pretty much sideways for 4 days straight. So fun

UrbanGrower187

It’s an authorization to sell up to 1.25 Billion in BTC. They also announced 1 Billion in common and preferred share buy backs.

Kgc1911

It's so funny that people think 1 billion BTC sold will matter...

PressDoubt

Ofc he knows this will turn out to be 600 million of BTC in practice because the price is going to crash now ….

cincy15

I’m convinced anyone who doesn’t believe in BTC as a store of value (wealth) has never left the US or their local city.

Objective_Young_1384

Has no place for BTC, while it is the top 16 asset in the MC 😂

zuma40

Why cave now? If you need the money i get it. But there is too much institutional enranglement for BTC to just go poof and disappear forever

pappa4484

yep gotta make it official when the big sale of BTC comes. saylor realized he cant hold forever

cryptolipto

Another BTC maxi I see.

DWHudson1970

I purchase BTC weekly. Regardless

Historical_Blood_408

honestly a fair question — alts as a whole have underperformed just holding BTC for a couple years now, so the rotation thesis keeps getting punished. the counter is people are chasing the handful that 10x'd, ignoring the 90% that didn't. are you fully off alts, or do you keep a token bag in case the rotation finally shows up?

Historical_Blood_408

keying alt exits off BTC's macro instead of the alt's own price is smart — alts mostly just lever BTC's direction, so BTC topping is usually the real sell signal anyway. the mstr/strc angle is an interesting catalyst to watch too. when you say catch the bottom then sell x3 — is the x3 a hard target you walk away at, or do you reassess once you're there?

Mariahausfrau

I stick in BTC thanks. No more roleplays for me with random alts.

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Post is by: Direct_Band896 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1uiwkc5/the_13day_etf_outflow_streak_finally_broke_dip/ The spot ETF outflow streak ended at thirteen days on June 3, with $4.33 billion total leaving since mid-May. Then on June 12 we got a $145 million inflow day. The question is whether this is the start of a reversal or just a short covering rally before the next leg down. I pulled BTC funding rate data from Coinglass and a couple of exchanges I use to get a wider view. On BYDFi the funding hit around 0.01% when the inflow showed up on June 12. In real breakout scenarios in January and April, funding spiked above 0.06% within 48 hours of the first inflow day. The current level suggests this is more repositioning than new leveraged demand. OI is saying the same thing. Total perp OI for BTC is down roughly twelve percent from the May high. In January, OI grew into the breakout. In April, it stayed flat but did not drop. Now we are seeing lower OI combined with neutral funding, which usually means shorts are covering into weakness rather than longs piling in. The other thing that makes me cautious is the ETF flow composition. The June 12 inflow was mostly into BlackRock's IBIT, but FBTC and Ark's ETF still saw small outflows. That is not broad-based buying. It is one or two large allocators rotating, which can reverse just as fast. I am not short here but I am not adding size either. Waiting for either a second consecutive inflow week or funding to actually spike before calling this a bottom. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Otherwise-4PM

It seems like whatever happens lately hits BTC traders first.

Healermagnus

Don’t sell, you can post the BTC as collateral… some (side) lenders offer this.

usrname_chex_out

Honestly when people ask me, they usually ask, “do you have a whole Bitcoin” (which I brush off without answering directly). Likewise, I’ve heard more “I have a quarter Bitcoin” than I’ve heard “I have $15k of bitcoin”. Even on this sub it’s “I want to get to 0.5btc” not to a certain dollar amount. It’s obviously a long way from being stable enough to easily price things in BTC the way you can with the dollar, but that’s to be expected at this stage

Mattie_Kadlec

They used so many words to say they will be selling BTC lol

HSuke

All their shareholders were pissed off they kept diluting MSTR, and their STRC shareholders were pissed off they were letting it free fall without any communications or long-term cash reserve. Today's announcement was the most sane and self-preserving thing they've done in the past month. They need to sell BTC to save both MSTR and STRC from plunging even further.

AstroRoverToday

Out of the 8.3 billion people on this planet, I highly doubt you're the ONLY one who thinks July will be bullish for BTC. Personally, I don't care what July 2026 does since I have a much longer time horizon in mind. July 2026 will be an insignificant blip on the chart ... or maybe it goes to zero in July. The only thing I know for certain is that nobody knows shit about fuck.

snek-jazz

> I could have always bought NVDA for 5 bucks the same day MSTR made it's first BTC purchase. The difference is I didn't know how to identify NVDA's run since then. I'm sure plenty of AI experts or people in the chip industry made money. I know bitcoin and MSTR better, so that's where I had an edge. The only timing I needed was when to buy, and that was measured by FUD-level and mNAV and the usual signs of a bear market bottom. I don't think I can time tops as easily, but I know that at $200, and then $300 and then $400 that I'm happy to take some off the table to rebalance.

HSuke

Thank god they finally listened to reason after clowning around for the past month. All their shareholders were telling them to stop diluting MSTR and stop letting STRC free fall. Selling BTC was inevitable if they didn't want their share to crash even further.

braamdepace

Bro 32 BTC had 100 posts about it in a day.

00MacDonald

Dude it's not that hard, if you compare MSTR to BTC from the very first day they announced their first BTC purchase to today, you would clearly see MSTR has not been worth it. No risk premium at all, every MSTR dollar would be down compared to every dollar spend on BTC. And it's a pattern you can see for like 80% of the chart 08/11/2020 to date MSTR vs BTC. You can try to time it all you want, but 80% of the time you would be on the wrong side of the equation. not worth it. We can all try and time the market, and in my personal case with MSTR as much as I would have liked to sell at 400 or buy at 14, I still did extremely well with it. I could have always bought NVDA for 5 bucks the same day MSTR made it's first BTC purchase. Nothing changes the fact that from first BTC buy to today, MSTR has not been worth it compared to BTC. That's plain to see.

Putin-is-a-bitch

Ya but you also have a lot of experience now too, so I’d say you’re actually ahead of the others. Personally, I wouldn’t waste all of that good gambling experience by dumping into BTC! Finish what you started, you can’t lose forever! Put $5k on Spain to win the World Cup, put $2k on Germany to win the World Cup, put $20k on a random baseball over and then spend the rest on Ball/strike bets! Finish it!

00MacDonald

By virtue of its strategy, MSTR carries more risk than BTC. The performance of MSTR over the course of the last 5 years compared to less-risky BTC does not justify buying MSTR at all. I still own both, but I can be objective about MSTR. (I can buy BTC and MSTR just fine in my jurisdiction)

Kitchen_Net_GME

What’s crazy is it’s a huge pile of risk on every trade (long vs short). So I expect sideways trading for a bit before BTC makes a move

nafnaf0

They can now fund MSTR stock buybacks by monetizing BTC. Because MSTR shares often gets depressed far more than Bitcoin during the bottom of bear markets, selling BTC at bottoming to repurchase those heavily discounted shares creates value for the common shareholders. It is an active treasury maneuver capitalizing on market volatility and buyback discounts to structurally increase shareholder value when it is most advantageous.

Kitchen_Net_GME

They ultimately created a wall of defense against shorting by doing this. I would have done this sooner. But at least they are doing it finally. Anyone shorting this stock long term has to be praying BTC hits zero. Otherwise I don’t see the risk reward. They will pretty much just move money around internally to fly swat shorts.

devCheckingIn

They have $52.5bn BTC + cash and $6.7bn of debt. Surely this won't end well! /s

LeiaCaldarian

Why would you DCA if you think it can’t get below 50K, and will double in two years? Just take out a large loan or get an extra mortgage, buy BTC, sell it in 2 years, and double your money.

criscrinkl

Wouldn't be surprised for BTC to do what we don't expect

nafnaf0

MSTR investors are well aware of this already. If you follow their statements and earnings calls, this comes as no surprise. I have seen a lot of people arguing otherwise, or saying other non-sense like they will just not pay the STRC dividends as opposed to selling the BTC if needed.

levelup1by1

when BTC was 125k - i kept reading posts like - if you bought it at $300, you would have sold at $3k, wouldn't have held it to 125k... blah blah. Now in the middle of the bear market do i realise how true that is. having the conviction to hold all the way is really not for the faint hearted

Kiknazz123

I'm saying your post is framed on the idea that BTC is a better currency (asset?) for inflationary reasons or that central banks are devaluing currency in a way that hurts people.  Right now, BTC is an asset, not a currency. So shouldn't be compared to money and a response to money debasement (you dont want to buy a 1BTC chocolate bar in 2012 for example cuz you'd have lost a lot of money in the future). If you expect the value to rise a lot, it's not a good to spend the BTC. It's why currency inflation around 2% is the target, to provide a slight incentive to spending without devaluing people's savings too much.  On the asset side, the "value" of BTC is...? I understand it's main attraction to be quick transactions and less regulations. Nothing of that is exclusive to BTC, there are plenty of other currencies and govs could even make their own crypto. It's not a unique feature of BTC so I find the long term value of it questionable (because it's competing in a market against every other coin now and in the future). There's also no gtd that there will be no 'better' coin coming. 

OscarCorterz_20

mstr is just Saylor trading BTC at 3-5x leverage while taking zero risk. It's not that complex to understand

Crnorukac

Selling Bitcoin just got fancy new term BTC Monetization Program.

Cute-Gur414

well...if they need money for preferred stocks, they can get it from 3 places. Selling preferred - hard to do when the yields are so high and just adds more dividend obligations in the future. Pref stock dividends per year were 1% of bitcoin holdings. Now it's 3.5%. AS the price goes down in bitcoin, it's a larger and larger percent. Selling common, not good for common shareholders and "negative bitcoin yield" by definition. Selling bitcoin - which makes for bad headlines and could cause the prices to fall hard. Alternatively, they could cancel the pref dividends. Then all hell would break loose. BTC down 30% in a day probably. "Largest holder of bitcoin and largest buyer now on the ropes". They'd never sell any pref again after that. Ultimately, it's tied to bitcoin. If bitcoin goes up, the stock will be OK. If it falls or just languishes, mstr can run into problems. That seems common sense and very "basic math".

bitwizard01

Personally, I think BTC has an identity crisis that will keep it from universal adoption. In theory, and by design, bitcoin is supposed to be the ultimate currency. Outside the grip of the banking system and government control. Inflation proof due to limited supply. A currency of the people for the first time in history. However, the vast majority of people who buy bitcoin (including everyone in this sub), are buying it because they believe it is the investment of a generation. That it will 10x or 100x or 1000x in the next few years. They aren’t buy a transactional token. In my mind, it can’t be both things. Not at the same time. If it does 10x or more in the next few years, great! But that will push people further away from thinking of it as a currency. The more wildly bitcoin price oscillates, the less likely anyone will want to adopt it as a currency.

MrKillerKiller_

Apologizing for taking profit in a trade? This is what BTC is for. Take your money and enjoy your day sir.

UrbanGrower187

This is the way. Not about being ahead B just about securing some stats and whatever price that is to make you feel comfortable. Essentially the ROI ends up being the same regardless as long as the daily buys stay consistent. But anyways everyone has a reason to buy some BTC even if they don’t know it yet.

TooManyApps54

I dnt think that 59k was the bottom. And even if it was, BTC is a resilient token that can bounce back when you least expect. My take? Invest in BTC if youre comfy with whatever trajectory it takes.

Durpy15648

So basically one BTC hoarder is telling a bigger BTC hoarder to let go of some their BTC. Ok cool. Next.

celmate

That doesn't make sense because you're implying there's like no chance bitcoin drops further. Capitulation isn't always a bad thing, it's the reason stop/losses exist. Loss is loss, you're working on the assumption that Bitcoin will outperform whatever other asset he moves money into, and that it will recover an ATH or a significant upside. But you have no way of knowing that, other than your personal belief in BTC as an asset is higher than his. Nobody can really know with any real certainty what an asset is going to do, if he feels it's underperformed or he could invest his money better elsewhere that's up to him, I'm not sure what point you're trying to make.

Huckleberrysdick

When the largest holder of BTC starts selling for liquidity, the downward pressure on price snow balls. RIP MSTR.

Calm_Situation_1131

The cope narrative went from selling 32 BTC for liquidity testing to now straight BTC fire sales.

snek-jazz

> at which time BTC was trading around 10k. it bottomed at 16k iirc

Imp-Classic17

Check the charts and look at long-term performance. DCAing into BTC is always the best possible strategy if you ask me

whisperedstate

If you bought MSTR at $14, then you bought it in August of 2020, at which time BTC was trading around 10k. To match BTC's return (6x), you'd need to have bought under $14, around $13.50. So you actually made out worse than if you just bought BTC. The tax advantaged situation I have no idea about. In my country, you can buy any ETF in a tax advantaged account.

Retire_date_may_22

When people tell you how much money they have it BTC they express it in US dollars. Why? Because that’s a currency. BTC is a speculative asset.

Quixotus

So that michael seller guy strikes again. $1.25B worth of BTC about to be dumped into the crypto market

PatientReasonable348

All of the names in the title made wrong predictions about BTC for years now. What makes them credible sources this time?

CryptoDeepDive

8 BTC is not enough to move the price of Bitcoin by the cost of a coffee even if they didn't on spot and not OTC.

LuBrooo

So he's selling his BTC to let the Ponzi stay alive?

PatientReasonable348

An 8 BTC buy is now newsworthy?

TheresNoSecondBest

>the fees are 0.02 BTC, so do I need to send 0.07, or 0.05 and it will take the 0.02 from my wallet automatically? You would send the 0.05 to the seller (because that's what the seller is asking for) and Bluewallet would add the (ridiculously high) fee of 0.02 on top of that. Now, in Bluewallet, you can set your own fee. 0.02 would get you in the next block. So would 0.002, 0.000,2 0.000,02...it simply would be a waste to pay such high fee.

Realistic_Fee_00001

>You have to expose yourself to an exchange rate risk to make use of BCH features. That makes no sense to me. Have you used BCH? What exchange rate risk are you talking about? BTC/BCH or BCH/USD? You can use BCH directly there is no difference to any other crypto. >Also there are now many BTC holders who have no current exposure to BCH. If they stop to suppress BCH or endorse it, capital will flow from BTC to BCH and they lose value. Yes, BCH has a lot of upside potential. >A low feature, small blocksize (small hardware requirement) coin has real advantages. Resilience to attack and centralization. Again, makes no sense. It isn't even correct. Ask BIP-110 proponents how they feel about Core hogging the code of the single node repository. BTC is very centralized in development. >In my opinion BCH and BTC complement each other and everything would be smoother if their combined supply was 21 million coins. They don't, BCH can do everything BTC can. Once BCH is recognized as the better working Bitcoin there is no reason why it should not also be recognized as the better SoV. That's why they fight it so fiercely. >PS: One advantage of the small block argument is that the whole blockchain has to be downloaded to run a full node. I don't believe that is true. Then why are you parroting their false claims? > If BTC was to make regular snapshots (7 days apart for example) of the UTXO database and then include cryptographic hashes of those snapshots in each live block, then >(1) the hashes must be the same for the same most recent snapshot, a consensus would be established >(2) it makes downloading the snapshot possible >This weakens the argument for the necessity for small blocks. Exactly, BCH is already researching these. https://bitcoincashresearch.org/t/chip-2021-07-utxo-fastsync/502/86 https://bitcoincashresearch.org/t/chip-2025-03-merkle-header-commitment-for-enhanced-spv-scalability/1518

whisperedstate

MSTR's mnav is 0.99 right now. IF your thesis is BTC go up, why in the world would you do that through a complex set of intermediaries like this instead of, I dont know.. buying BTC? You even have the option from your bank account.

RoaringDragonSword

Are you dumb? He doesn't care about your BTC. He literally scammed this space with his own coin. Or are you coping that with something else too?

glorious_tribble

The part not being spoken about out loud here are people who bought a few Bitcoin since Covid (say 3 BTC at a cost basis of $16k), to be able to sell one in November 2025 at $102k (or earlier) putting them in a winning position REGARDLESS of what happens to the other 2 BTC. We have to figure there are many in that position and even more the longer you look (OGs with ridiculous cost basis and they have already guaranteed their profit). So there are plenty still able to hodl, with no pressure to sell. Do they wish they sold all 3 in November? That remains to be seen, but it’s easier to just wait and see and not kick your own ass in 5 years for jumping out like you were trading AMC. I hope one day everyone here is in that position.

snek-jazz

> A bit baked in was a gamble that $BTC would not drop below 75k not really, since nothing specifically happens at that threshold

Crucco

I don't see the connection: BTC down = we should arrest Michael Saylor. Why? 😅

bunky_bunk

> BTC does not have the ability for wrapped coins, but BCH could have a wrapped BTC. But nobody needs that. You have to expose yourself to an exchange rate risk to make use of BCH features. That is significant. Also there are now many BTC holders who have no current exposure to BCH. If they stop to suppress BCH or endorse it, capital will flow from BTC to BCH and they lose value. A low feature, small blocksize (small hardware requirement) coin has real advantages. Resilience to attack and centralization. In my opinion BCH and BTC complement each other and everything would be smoother if their combined supply was 21 million coins. PS: One advantage of the small block argument is that the whole blockchain has to be downloaded to run a full node. I don't believe that is true. If BTC was to make regular snapshots (7 days apart for example) of the UTXO database and then include cryptographic hashes of those snapshots in each live block, then (1) the hashes must be the same for the same most recent snapshot, a consensus would be established (2) it makes downloading the snapshot possible This weakens the argument for the necessity for small blocks.