Reddit Posts
Bitcoin whale makes first move in 7 years after tenfold gain
Solo BTC miner makes $200,000 using $150 equipment
Solo BTC miner makes $200,000 using $150 equipment
While crypto equities collapse (Gemini -89%, BitGo -77%, Bullish -71%), BlackRock, Goldman, JPM and Morgan Stanley just joined a UK tokenization taskforce. The speculation business is dying, not crypto.
This is one of those pivotal moments - everything looks bearish, but RSI is flipping and getting a 64k bitcoin is going to look genius a year from now
Over $315M in longs liquidated in 24 hours (BITCOIN)
¿Alguien más se ha dado cuenta tarde de que las criptos también tienen que declararse?
Bitcoin could restart its bull market between September and October 2026
altcoin order books are getting thinner and it is changing how I trade them
The 55% Trap: How BIP-110 Threatens to Fracture Bitcoin.
How does this bear market stack up to cycles prior?
Morgan Stanley Purchases 1,000 Bitcoin
Person who holds 0.000001 $BTC is complaining why BTC is down lol
Best way to connect with reputable high-volume BTC providers?
Best way to connect with reputable high-volume BTC providers?
Best way to connect with reputable high-volume BTC providers?
History Suggests the End of the Bear Market by EOY 2026
Seriously I am starting to get to lose patience, I am tired ,when will $BTC ba back at $100k?
Tom Lee Says ETH/BTC Breakout Signals Crypto’s Big Comeback
Eric Trump’s American Bitcoin forces 1:15 reverse split to avoid Nasdaq delisting amid 8k BTC holding
The US just funded its first Fannie Mae-backed mortgage where the collateral is Bitcoin. You can now buy a house without selling your BTC - have we learned nothing from 2008?
bought 0.1 BTC in 2013, lost access to my wallet, and just found it on an old laptop
Maybe controlling risk is the smart move for BTC trader now
Anybody else buy Bitcoin back in 2012 to purchase LSD and Ecstasy on the Silk Road, back when it was $1 for 1 BTC?
Using MSTR as a "Lifestyle & Travel Fund" while keeping the BTC stack completely untouched. Anyone else running this exact tactic?
Bitcoin's bottom may be in... Here's the evidence.
BTC structure analysis: Why the current level matters more than you think
Post-Mortem: What Happened Between Samourai Wallet and Me
Why your Stop-Loss always gets hit right before the reversal (A data-driven look at Liquidation Cascades)
Why your Stop-Loss always gets hit right before the pump (A data-driven look at Altcoin Liquidation Cascades)
My brother died in 2021 and left behind a BTC wallet. I can’t access it and I’m desperate for help.
How to react when your friends who've never been interested in Bitcoin BTC ,suddenly ask you about Trump coin
hi guys, what you guys think of DCA weekly, like $100, basically $500 monthly but weekly
We don't appreciate enough how much incredible commerce gets unlocked with Bitcoin
The Dead-Key Alliance: Why Satoshi’s 1.1 Million Bitcoin Will Never Move
Bitcoin hasn’t 5x at current prices but this Crypto has… 😮
Celsius creditors received Ionic Digital shares using a $20 valuation. Institutions just bought in at $53. Now it’s heading for Nasdaq.
I built a scored funding rate signal system for crypto perps. Here's the methodology and its actual track record
Bitcoin Baby coming in November...
How do you deal with the regret of not selling at the top last year?
The bid that's held crypto up all year wasn't the ETFs, it was leveraged treasury companies. This week the biggest one (Strategy) became a net seller, and the model is showing cracks.
How do you think about BTC’s opportunity cost?
Mining with BM1373 chip, will you buy it?
Will XRP Be Included Alongside BTC In Trump Accounts?
Tired of staring at candles? Built a tool to cut through the sentiment noise.
Tired of staring at candles? Built a tool to cut through the sentiment noise.
BTC back under $63K as Trump says the Iran ceasefire is "over" — this isn't really a crypto story
I started accepting crypto donations for my open source project and want to build a tool from what I learned in the process (looking for feedback)
Back in the old days when BTC price dropped...
When Satoshi moves the 1.1 million BTC, what message will he send to prove he is not an impostor?
The Kidney and the Ledger: The Collapse of Michael J. Saylor's "Never Sell" Gospel. He demanded absolute conviction from retail investors, but a $15 billion debt machine just forced Strategy to start dumping its sacred reserve to appease Wall Street.
If You Could Only Hold One Crypto for the Next 10 Years, What Would It Be?
SpaceX Bitcoin Wallet Makes First BTC Transfer in Six Months With $88 Test Transaction
Strategy (MSTR) mNAV Ratio Chart: Confidence Eroding
Anybody else feel like XMR is going to skyrocket soon (not investment advice)?
AscendEX withdrawals stuck since June — shut down July 1 citing MiCA. Anyone else?
AscendEX withdrawals stuck since June — shut down July 1 citing MiCA. Anyone else?
Best platforms for Earn/Staking in Europe post-MiCA 2026?
Why would memecoins pump while BTC and ETH are bleeding?
Gibt's Bitcoin-Automaten in der EU, wo ich BTC gegen Bargeld kaufen/verkaufen kann? Limits & Tipps? 🙂
Why panic when a big name sells?
Here’s Why Strategy Sold $216M Worth of Bitcoin
Peter Schiff is back, and this time he's pointing at Strategy's 843,775 BTC position as the thing that ends in disaster.
Mentions
yes, nothing to do with BTC. someone just nicked the name.
Quantum computing poses as somewhat of a threat to crypto, but not nearly as much as the FUD shit talkers claim. Bitcoin is the only coin where it can shake things up because other L1s have dev teams constantly working to make them more quantum resistant. And as far as BTC is concerned, quantum will not be able to hack the ledger itself, but it can crack the keys to outdated wallets. This is an important distinguishing to make.
just buy BTC and ETH and put it in a Nexo account, very simple to use and pays out daily interest on your holdings
Remember guys, we are very early. Right now prices will be volatile, sentiment will be low. But all new technologies starts the same. Just check when the engines replaced the horses or the early days of the internet. BTC still needs years to go. I did my homework and learned a about the fiat system and BTC, I read a couple of book. I am an early adopter, still I have money in the traditional fiat. If u look close there is no fixes for the fiat system
Let’s be honest to ourselves , if BTC stays at current levels , imagine the huge opportunity cost we are missing by not investing in AI Stocks , trend is where money is ( whether it’s hype , sustainable etc doesn’t matter )
from the price desk: the equities carnage and BTC's price action are telling separate stories right now, which is the part worth tracking. GEMI/BTGO were spec bets with thin moats - they're repricing to what they're worth as companies. BTC mid-$60s on thin volume is completely unresponsive to both the carnage and the TradFi headlines. different instruments, different catalysts. the tokenization taskforce is real. it's also a 3-5yr infrastructure build, not a near-term price catalyst. markets price catalysts, not thesis correctness. so you can be completely right on the macro read and still lose on the trade this year. on the private vs public chain question - most tokenization use cases that actually require auditability are landing on public chains with access controls layered on top (Ethereum mostly, not BTC, not private rails). if that pattern holds there's a legitimate token accrual case. if TradFi goes full permissioned/closed, then it's an ideas cannibalization story not adoption. that's the variable worth watching, not the press releases.
sorry, I'm just trying to learn, and there are many people just like me who are confused from all of this. we do have a vote though, and we are all free to cast that vote on the team that we think deserves to win. I do have a few questions specifically for you -bit-thorny: can you explain to me, or at least give one example as of what you yourself can't do if BIP-110 becomes mainstream? instead of telling how it affects other people either directly or indirectly through proxies, how does BIP-110 affect you directly? also, how did big blockers lose all their BTC a decade ago? and is the same thing about to happen with BIP-110? and who are the people who lose their bitcoin if this is the case?
The less BTC you have, the louder you are :)))
Everything will be built on electricity, including currencies. This is what makes us believe BTC won't go anywhere
worth noting these two assets aren't in the same legal bucket. the ETH goes into a separate stockpile that explicitly allows disposal, so that one selling isn't surprising. the BTC part is weirder though, there's a 2025 executive order that put seized bitcoin into a reserve specifically saying don't sell it, so this at least brushes up against that unless it's pure custody reshuffling. we've seen "just custody" claims not hold up before (jan samourai case ended up at zero balance shortly after), so guess we'll see if this one's different.
BTC market was $58k and about to break down to who knows where when they announced they are allocating $1.2 billion of bitcoin for sale. The BTC market steadied and even rose after they sold a couple of thousand BTC. The market steadying like this offers another piece of evidence that the amount of BTC they hold, effectively almost 850,000 under one key, is distorting the BTC market not in the best way (and no, blaming the previous slide because they sold a couple of dozen a few week earlier was definitely BS.). Sorry but 850,000 bitcoin held under effectively one private key is not the way bitcoin was designed, and the market will continue to pound those who try it (and the rest of us) into submission, or at least the evidence is mounting that this is the case.
Big blockers who already lost all their BTC a decade ago: "we are back with another random change that we pinky promise will solve all your problems!" Experts (and basic logic): "It doesn't do what it claims and it has shitloads of downsides and outright dangers." You: "even if it doesn't do anything to stop spam, so why not just let it happen?" Like wtf? After you had several hours of personal handholding by one of the biggest experts and several others? Spend your time rereading the answers you got already instead of asking people to explain it again.
Acheter du BTC en DCA avec un exchange comme Kraken par exemple et stocker sur un cold wallet tous les 1000 $ ou € pour limiter les frais. Ne pas trader conserver. Le reste va te ruiner
I’m not bagging on dude but I got in in 19 or likely 20’ myself and learned quick don’t f with ERC20 tokens (gas prices).. and dumped all other but BTC a year plus ago- leaving only about .75 of a BTC - avg cost 29k
"Remember when everyone thought they'd get rich of Bitcoin" seems way more likely. Allow me to explain why Bitcoin is over - it won't go to zero but it won't be hitting 100k anytime soon, if ever. In order for the price of Bitcoin to go up, new people have to come along and put money into it. Individuals aren't going to really move the needle, you need large institutional investments. Those investments are just not happening anymore, especially at the rate they had been a few years ago. BTC and block chain tech is last years (last decade really) tech; AI is the new king. Basically no one is coming along to dump huge amounts of money into BTC anymore; they're not cashing out but "too the moon" is a joke.
You don’t need information on BTC, what for ?
My "all time" is break even only due to selling MANA at the top (80x, my only real successful crypto trade). Should have sold everything back then. round tripped the rest of the pile twice like a retard. though if you held about half of your stash in ETH and BTC you shouldn't look as bad as that. The Coinbase bag is mostly dinosaurs: BTC, ETH, LINK, XRP, XLM, ADA, HBAR. Got more adventurous plays on Kraken and Coinbase wallet which honestly, I'm afraid to even look at.
0.000003 BTC holder here. I only complain three times a day
Trump: “I’ll send you BTC and you open the straits for a little bit ok?”
At 2x leverage a 50% move in the wrong direction gets your assets seized. At 5x it's 20% right now even BTC can move 20% and no one would be surprised. Hell USDT could move 20%; it's not impossible
What you're forgotting is psychological effect that the inevitable MSTR bankruptcy will have on the average BTC bro, and whales alike. Mstr gets all the publicity now, and will continue to when it all goes south.
BTC is, always has been, and always will be file storage. File storage is money. If you don’t understand that you don’t understand bitcoin. Bip-tards are the sort of people who’d put a spam filter on their email accounts. Smh
If a quantum attack were to occur, the S&P 500 would plummet 1,000 times faster. You clearly lack technical knowledge of software and cryptography if you think BTC is going to be a problem, lol — it’s literally the last line of defense on the internet!!!!!!! That’s why they use it as a benchmark for quantum advertising.
Para sa kin hindi pa bottom. Wala pa yung max pain. Kapag ramdam na yung max pain yun na bottom. Isa pa madami na nagsasabing bottom na si BTC at 60k. 50 percent pa lang yan from 125k. Whales get attracted to go all in kay if at least 70 percent drop not just 50. Yan reason bat walang malalaking engulfing bullish candle sa weekly. Ang totoong bottom yung 70 percent or more na bagsak tapos tska madami magsasabi mas may ibababa pa price pero actually yun na yung bottom na hinihintay nla. Not now na ang dami na nagsasabi na bottom at 50 percent drop. Pag madami na dn nagsasabi ng interest kay BTC that's actually the opposite. Isa sa mga signs ng bottom pag madami na magsasabi ng Bitcoin is dead, yan walang dudang bottom na. Unlike now madami pa dn nagsasabing bibili pa sila madami Bitcoin.
BTC is supported by criminals and get rich fools.
Are there like... goliaths that move through if somebody makes a 10,000 BTC transaction or anything like that? Little surpises to keep it interesting? It's hella cool btw, that was just my first thought.
Seals with clubs poker... my first BTC purchase was 3 for $45.00. My poker stats say I lost a couple hundred grand playing online poker. I did not. I lost how much I bought in for, about $150.00.
Damn bro. I read this entire thread, and all I can say is that I feel your pain. In 2019 i got got because of interpol cracking down on WSM/DM. Lost about 250 BTC to seizure. But btc was a lot more expensive. I think we paid 12.5k per coin for the vendor deposits at the time. We thought we were on top of the world. 3 months and 300+ sales in, we thought we were unstoppable. Little did we know, but 200+ of those sales were to the police. I never touched the drugs, or the shipping. Let's just say I was in "customer relations". Damn BKA sentenced me to 7 years probation and over 30k (plus 16k for my lawyer) in fines. All in addition to the massive amount of BTC they confiscated from me. Shit happens. You live, you learn, and if you're smart you never repeat your previous mistakes. In march my probation is over, and I can finally completely move on from that terrible point in my life. I can't wait! Congrats on getting through your troubles, dude! Good luck with all your future endeavors.
Why would you want to store clutter on the BTC blockchain?
Pick one of the other shit coins to muddy up. We don’t need anything else on chain. Just BTC.
Well, I certainly bought, took out a loan against a small stack of my BTC, we will see how it goes! Either way, its all money I can afford to lose! God speed to all!
BTC 25k next step. Going down big the next couple of months.
Bitcoin is not regulated directly by a central figure. It can try to regulate it via third party actors (CEX, for example) but the reality is that if I wanted, I could freely use my BTC however I want and nobody can do anything about it (short of illegal scifi level CIA hinderance). That's the whole reason why crypto is so popular among criminals. As for the *idea* behind Bitcoin in 2026, well, everyone has their own opinion, hence why you objectively cannot say the person you responded to is objectively wrong. There are far more reasons people would want crypto to remain unregulated than just to commit crimes. I'm sure you can think of some.
And the irony is now we think why didn't we buy any in 2015, it was between $320 - $463, our excuse was "I didn't know about it then". In 2035 when BTC is over 1 million we'll think " it was so cheap back in 2026 at 60k"
When the AI bubble pops BTC will go down with it
With BTC: Food once each week or two. All of my electronics for the past few years. About a dozen other random one off things. With oil: nothing With fiat (which was not part of the original comparison): everything that has no vendors who have yet started accepting btc
The only way to make money in crypto is if you have zero belief in it. Treat everything like a shitcoin, short pumps, realize that even BTC is a shitcoin that will be dead in a few years anyway, and you can make some money.
Post is by: UseTranceAi and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1uvoygp/over_315m_in_longs_liquidated_in_24_hours_bitcoin/ The crypto derivatives market had a rough Wednesday. More than $315 million in leveraged positions were forcibly closed within a single 24-hour window, with long traders absorbing the overwhelming majority of the damage. Bitcoin slipping below the $60,000 support level was the match that lit the fuse, and an over-leveraged market provided plenty of fuel. # The breakdown, by asset Bitcoin led the carnage, accounting for $152 million of the total liquidations. Of that figure, 92.91% were long positions, meaning traders who had bet on continued upside got caught badly offside. Bitcoin breaking below $60,000 was the proximate cause. Large transfers of Bitcoin to centralized exchanges in the lead-up to the event added selling pressure, as on-exchange BTC typically signals that holders are preparing to sell rather than hold in cold storage. The mechanics of what happened next are worth understanding. Perpetual futures liquidations do not happen in isolation. When a position is liquidated, the exchange sells the underlying asset to cover the debt, which pushes price lower, which triggers the next round of liquidations. The $315 million figure reflects where the loop settled before buyers stepped back in. For more information on this topic; Source [https://www.usetranceai.com/markets](https://www.usetranceai.com/markets) Crypto Briefing . com *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.*
Don't worry about that. It's just a distraction. I'd rather keep accumulating or natively staking my BTC. That's what I'm doing while waiting for the TBV launch.
Don't worry about that. It's just a distraction. I'd rather keep accumulating or natively staking my BTC. That's what I'm doing while waiting for the TBV launch.
Should BTC be an inflationary hedge?
Trying to time the perfect entry is almost impossible, especially in crypto. What I personally find more useful is tracking multiple signals together: BTC trend, volume, sentiment, major stock market movement, and overall risk level. A single chart usually doesn’t tell the full story. I’m currently building a tool called AlphaWatching for this exact reason — an AI-assisted market tracking dashboard for crypto, stocks and funds. It’s not meant to give financial advice or “buy/sell” calls, but to help people follow the market with less noise and more context. I’d be curious what you guys usually check before entering the market. Price action only, news, sentiment, macro, or something else?
The problem with that analysis is that fiat currencies are falling / failing / diluting much, much, MUCH more slowly than fiat cryptos. The US dollar will go hyperinflation, yes, but that can can be kicked down the road another decade or so. The useless-as-teats-on-boar-hog fiat crypto BTC can can only be kicked another few weeks to few months before tanking, maybe a year or two at the most.
That's true. But the instant that MSTR declares that its invoking that fine print and choosing to not pay preferred dividends (which is coming fairly soon), the price of both common and preferred's will immediately tank, and all confidence is gone, triggering that death spiral, which will lead to BTC dropping to $15 - 30k ish within less than a quarter, maybe even a bigger drop. I think EITHER one of these scenarios WILL trigger the death spiral: a declaration of non-payment of the full dividends just one time, or the BTC price staying below $60k for more than 10 days to 2 weeks. If BOTH happen, it's "Katie, bar the door...."
True, but that is a questionable reason to keep BTC of all things. Realistically everyone should have learned by now that the goal of this is to buy and sell it for a profit. Nothing more. Besides, even if you do use it for another purpose you would still, eventually, sell it. You have to be dumb to actually think he would literally never sell it. Even if he somehow meant it he is not gonna be in charge forever.
What is your point? Is your point that you don't like the price of BTC or that you don't like the subreddit?
Once the Trump crime family have sold all their BTC...that's when they'll dump. Or the first day a democratic socialist becomes the President of the United States.
I would like to enlist in the BTC Buy army o7
BTC ETF are best, don't believe me? Ask everyone who got their BTC stolen from their cold wallet in the last week
This is not the reason that BTC is down today. Nasdaq dropped 1.5%. Renewed strait of Hormuz issues. Inflationary pressure.
I don't know which altcoins you're looking at, but I'd recommend you CoinTrends for finding altcoins that hold up best/worst during the BTC dip/sideways action. It's much easier to do and see outliers than to what you're currently doing with tracking all of the coins manually. E.g. here I selected the start of the BTC dump and current time. I filtered top 100 coins, but you can play with the ranges and filter out top 50, top 20, or if you like shitcoin territory you can select range between 200-300. (those have thinner books that you described) Try it out and let me know if you like it. https://preview.redd.it/kjooxjjrp1dh1.png?width=2275&format=png&auto=webp&s=7bcb358c795faad2cf59337d80825a4f931d80d2
People telling you you can't make money at this market are lying. Of course you can. But it's much more difficult and to be honest, current game is just to preserve your capital as much as you can, before the next bull run happens. What I've been doing is shorting alts that have shown good strength in comparison to the rest of the market (especially when BTC dips). Then I short them on round numbers (e.g. 5$, 10$, 20$) or when the coin is near ATH. I use CoinTrends to find outliers, but I never buy worst performers, I only look at top performers and short them. (Currently I'm in DEXE short, shorted on 47.5$)
Compromise and sell like half or only third of the BTC. You have an investment oppoturnity.
And BTC dropped below $60K.
Gold just dropped below $4K Last time gold dropped below $4K, BTC dropped below $60K.
Thank you Mister Avocado. I don't disagree with anything you say. I just can't cope with it. I did not understand coin control at the start. I have a UTXO that combines funds purchased from an exchange (for which I have a screenshot) with BCH converted to BTC via Changelly / Monero. I do not know if I will ever be able to spend that one.
There is no logical reason for it to go to $200. Needs millions of speculators to come in on blind faith and push it up. All while the smart money liquidates. Remember the old poker saying ‘if you don’t know who the mug is around the table it’s you….’. Same for BTC - unless your an insider your the mug! Just because you get lucky a few times does not make you an insider. You know if you are, and if you don’t know, then you are the mark, the mug…..
I use SatStacker, but you need a Strike account. Gets me about 2% extra BTC on my DCA
Too big of time frame- who the fuck knows what world will look like in general by then, let alone BTC
They raised that cash by diluting more shares of its stock and from its sales of BTC. So the title is a bit misleading. They did in fact sell over 3,000 BTC to raise that cash.
Yea, between myself and some friends we had hundreds of BTC. There are wallets out there with multiple coins that will never be recovered.
Better question would be - Anyone selling drugs on silk road back in 2012 back when BTC was $1 and stumble back into your wallet to find you’re now richer than the cartel 🤣
But he would have been a genius if BTC was $150k right now.
Bitcoin is a (nearly) zero-sum game supply-wise. The goal is always to increase your BTC holdings by as much as possible and you can only do that if others are selling. If everyone just held their Bitcoin without trading them in, we wouldn't see bear markets. So some people see it as opportunate to try to get others to sell so they can load up more.
That's fine, BTC didn't have its last ever bull run, more to come once this bear is over
You paper handed people need to relax and dump the coin and stop looking at BTC. It's not good for your mental health.
Drama wise it also seems much lighter than FTX saga or Mt. Gox even. The only thing that would increase the drama is if, for example, Strategy files for bankruptcy or is sued by the government or something. That could send BTC into the 40k range later this year.
Yes. Alts are simply a BTC profit sweetener on those select moments BTC pumps into big sudden profits and holds sideways for a boring amount of time. Otherwise they just sit there oscillating and constantly sweeping lows on low liquidity. Bull run, crypto winter doesn’t matter to alts. Its all simply a BTC play.
I started with SMH in 2024, and continued to buy through March of this year. I buy lower to medium risk and hold long term. Basic passive investing. There’s likely long term mileage on BTC and maybe ETH, but otherwise stay away from crypto, and learn about stock based ETFs. - /r/ETFs - /r/LETFs - /r/bogleheads
If I were you I would buy as much BTC as I possibly could in this bear market. But that’s just me - if I were you. 🥸
Just find a bullion dealer that takes BTC.
Yea I agree. There were a lot of "firsts" in 2022. If BTC is going to 0 like the doomers say, it would have done so in 2022 or earlier. This time around, I think the bottom won't be as low as people think.
started my btc position at $45k, my highest purchase is $115k…. if you’re “hoping” for a price, you’re thinking backwards still. Getting $ out of the fiat system and into BTC is what i’m hoping.
I started investing in the last waves of the 2023 bear market and had a pretty good buy in of \~$20k/BTC. So all I know so far is …. green, even after this pull back. So, for me, all is good and i’m loading up at these prices, hopefully staying green forever.
It's just dependent on BTC which hasn't done much. Once BTC delivers a couple of high volatility up days, STRC is quickly back at 100$
I purchased more consumer things with BTC than I have with oil. Maybe I'm just early on oil, but I don't know any vendors accepting it in their POS
For some content here, can someone explain why this is not moving the BTC price? Is the current trading volume that high?
STRC price is still gradually bleeding out over the past week. Selling MSTR when its price ratio relative to BTC is this low is not only dilutive and dumb as fuck. It also goes against their own announced strategy of preferring to sell BTC instead of MSTR when enterprise mNAV is under 1.22.
$36k per mined BTC -- is that the industry standard? Seems super cheap.
Post is by: Ill_Inspector4840 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1uvdime/altcoin_order_books_are_getting_thinner_and_it_is/ People keep asking why alts dump so hard every time BTC wicks. The answers I see are mostly about sentiment or weak hands. Some of that is probably true but I think there is a more boring reason people are not talking about. The order book is empty. I really noticed it on June 4. BTC dropped fast and the majors followed, which is normal. But the smaller alts did not just drop, there was literally nothing to buy into. I was watching a mid cap I hold and the bid side went from a few layers to one wall and then gone. Spread went from a tick or two to almost a full percent in like two minutes. If you had a stop market sitting there it filled at the worst print of the wick because there was no bid underneath. That is not the coin being weak. That is nobody being there to take the other side. You see the same thing on most alt pairs now. Pull up the book on any tier two exchange and the middle is just gone. Makers pulled their resting orders and only come back when things calm down. So when the next leg down happens there is nothing to catch it. A market order that used to slide a few ticks now goes twice as far. I have been checking depth side by side on BYDFi and Binance for a few pairs and even on the bigger book the spread gets ugly the second volume ticks up. What changed is not really sentiment. The people who used to make markets on alt pairs pulled back. Some of it is market makers deleveraging, some of it is them moving to perps where the flow actually is. Either way the spot book has been getting thinner for a while and it stays thin. You can see it in the alt subs too, way quieter than last year, so interest and liquidity are both leaving at the same time. Not really a coincidence. I stopped using market orders on alts completely. Everything is limit now, usually a bit below mid to give myself room. If it does not fill, fine, I would rather miss it than eat three percent slippage on a coin that has ten bucks of depth between me and the next print. I also started splitting my size into chunks because dropping one order into a thin book just moves the price against you before you even get filled. The thing that bugs me is that thinner books make the dumps look way worse than the coin actually is, which scares people into selling, which thins the book more. It feeds itself. The chart looks like a cliff but the project is often fine, you are just looking at a market with no buyers in it. Mostly posting this because I keep seeing people blame the teams or the tokens when half the time the real issue is just that nobody is making a market on these pairs anymore. The chart is kind of lying to you when the book is that empty. *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.*
They sold MSTR this time. It's either selling BTC low or selling MSTR lower. This was the worse choice of the 2 since MSTR ratio is even worse and enterprise mNAV is low.
Do not sell just now and read about BTC as much as possible. If it doesn’t convince you, you will know how to transfer easily to a exchange but trust in your uncle and hodl it…
Do not listen to any speculation around value. Your 80k could be double or half in 6 months. If you want that cash value, make an exchange account (coinbase, etc.), and get your BTC loaded onto it and sell.
Dont forget, before Q makes Bitcoin obsolete, it will make the current banking system obsolete. There are much bigger things to worry about than it making BTC irrelevant. But to answer your question - It wont make bitcoin obsolete.
Your uncle left the BTC to the wrong nephew.
Open an account with any centralized exchange of your choice, transfer the BTC there and then convert to cash with your Bank account as the reciepient .. Do not send the BTC to the each till you have completed the KYC
Of course if you need the money then find a good off-ramp and sell; however, your uncle might have chose you for a reason (particularly if he has no kids). You're the youngest family member he could trust and he likely figured you would be the best suited to take it on. Remember, you may "need" the money but you didn't have it last month -- so how were you going to pay for these needs before? Do you think he bought the BTC just for you to sell it and cash out? Maybe he did, probably he didn't. Did you ever talk about Bitcoin with him at all? Maybe sell a bit for your needs and keep the rest as a token of your love and appreciation to your uncle? He was well ahead of his time and left you with over 1 BTC which is an incredible feat. Nothing is for sure but some people estimate BTC will be $1M by 2035. Will you be able to live with yourself if your uncle's last dying gift could have made you a millionaire but you sold at an all time low? Just my 2 cents and food for thought!
Honor your uncle by learning about BTC and sell some after that if you still think it’s a good idea.
Bitcoiners have enough conviction to outlast every crash, and we're only down 50% from ATH this time. People won't stop building. Lightning, Ark, ecash (Fedimint and Cashu, not Paul's shitcoin), etc. The Jacks, Dorsey and Mallers, representative of businesses who are driven to scale Bitcoin payments and living on a Bitcoin standard. Circular economies around the world, from El Salvador, to Switzerland, online, and throughout Africa. The massive push for stablecoins to prop up demand for US treasuries, which is our Trojan horse that psychologically prepares the masses for BTC rails. Our doomed monetary and fiscal policy, which necessitates infinitely expanding credit, and which leave zero room socially or politically for reform before it's too late. The rising tide of authoritarianism on both the left and the right, highlighting the problem which Bitcoin is designed to solve.
You will see news if BTC will start moving up. When it on flat position you don't see a lot of news ;)
Won’t get passed and means nothing for BTC
The beautiful thing about Bitcoin is that 0.000001 hodler has as much of a say as someone with 5000 BTC. Reminder that anyone involved in BTC in one way or another is on the same team. Anyone in the space is benefiting you. Unlike FIAT which is a zero-sum game and revolves around theft.
I went with Instacoins instead; they're regulated and cool with $20k or more. I swapped about $70k USDT for BTC last month. The spread was under 1%, and EUR hit the next day. It was way smoother than expected. They're on WhatsApp at +356 9907 3921. Just DM them what you have and what you want to swap to. You'll usually hear back within a few hours.
the fact that most people think its a cult, and although years of promise, it doesn't seems to have any value amongst a "digital gold" Most people i talk too are more interested in stocks, companies they can invest in an see founders speak, and actaul product - ps i love BTC
[https://www.cryptobreaking.com/morgan-stanley-purchases-1000-bitcoin/?utm\_source=linkedin%20&utm\_medium=social\_auto&utm\_campaign=Morgan%20Stanley%20Purchases%201,000%20Bitcoin,%20Brings%20Total%20Holdings%20To%205,761%20BTC%20](https://www.cryptobreaking.com/morgan-stanley-purchases-1000-bitcoin/?utm_source=linkedin%20&utm_medium=social_auto&utm_campaign=Morgan%20Stanley%20Purchases%201,000%20Bitcoin,%20Brings%20Total%20Holdings%20To%205,761%20BTC%20)
It’s mainly used by BTC maxis to dismiss any (often valid) criticism by alt coin holders. They post a BTC price graph and smugly claim HFSP without addressing anything else.
How do you only buy 0.1 BTC in 2013? The low was like 13 bucks back then but it did hit some higher numbers later in the year
Fair buh you forgot 2013 had two distinct worlds January was $13, December was over $1k.I bought near the top of that year's run, not the bottom. $100 got me exactly 0.1 BTC back then. Yeah, yeah I know Timing is everything, including the timing of my own stupidity.
Yo hago como tú. Dca a btc, billetera fria, no tocar. Compro 1-3 acciones MSTR al mes. La misma idea en mente. BTC para largo plazo y seguridad. MSTR para venderlo a medio plazo y sacar rentabilidad.