BTC

PaintingLeft565

i went through something similar but maybe more painful. I was able to stack more than 7 bitcoins during 2019-2021 period. I sold literally a week or two before it had the crazy run form 10k to 69k. I invested a lot during the period where bitcoin was still a lot more volatile than today (10-20% move during intraday wasn't uncommon), and during this time, there was zero regulatory clarity. Very very few people actually believed in BTC long term. It was too much stress for me and with pressure from family to sell, i gave in.

BTCGlobeLive

Welcome, and that's a better first post than most. I counted it on my own node, since you said you hadn't. That address is sitting on 809.42504341 BTC across 390,874 outputs. Nobody can spend from it, so that number is also everything that has ever been sent there. Almost none of it is big burns though. Only 9 outputs are 1 BTC or more, and together they come to 152.39 BTC, the largest single one being 40 BTC from back in 2015. The other 657 BTC is spread over 390,865 tiny outputs, and 10,912 of those are 1,000 sats or less. That's the message traffic people are describing above. On the 107 BTC someone mentioned: on my node all five of those landed in the same block, 950962, timestamped 25 May 2026 13:59 UTC. And the German one you found is in block 960524, 1 Aug at 06:46 UTC. It put 546 sats at the burn address. The input was 2,311 sats, of which 1,337 came back as change and 428 went to the miner. So the epitaph is real but the funeral isn't. Whatever the 100 BTC refers to, it didn't burn in that transaction. If you'd rather count it yourself than take my word for it: bitcoin-cli scantxoutset start '[{"desc":"addr(1111111111111111111114oLvT2)"}]' Took about 80 seconds here, and it hands you the total plus every single output.

mrjune2040

Lol- and that’s exactly what I wrote. You’re reaching because I used the word ‘crypto’. We made more or less the same comments to OP, I don’t have time for BTC purity tests mate, get off your high horse.

MillerBlade2

Well long term BTC is most definitely not the only crypto that has utility, use, or value. You just played the short game and got spanked

Orwind

Lucky me I did this mistake in 2017 when I bought my first BTC and tried to make more gains with alts and ended up losing everything and having my dust BTC worth more than everything I invested at the start

JimmySki6166

Alt coins are for hype only, they have no use case! Only a handful of crypto has a use case. I used to hold meme coins years ago, when I was new to crypto. Once I learned about it, switched everything for BTC only and I couldn’t be happier. Still purchase amounts of BTC weekly!!

Conversation-Quiet

BTC is store of value. Just hold onto it and don't touch it.

MrStarrrr

Same story for alts with me. Luckily transferred into BTC before most of them zeroed. Some were dead already. Lost a good bit and now stacking sats still and only. Need to diversify somewhere else still.. maybe some kind of mutual fund.

mrjune2040

Meh- anything can be gambling, if you’re short-term trading BTC then that’s gambling too. Let’s not get caught up on some irrelevant purity test.

Professional-Trick14

Sure, with the benefit of hindsight, but the grave of speculative assets that are now worth a fraction of their peak is far larger than the ones at ATHs or that will EVER surpass their ATH, and that could include bitcoin for all we know, meaning even now, BTC may be a terrible investment and you won't know for sure until you know for sure. It's gambling, welcome to the casino.

mrjune2040

This isn’t even about BTC. That’s called a gambling problem. Anyone that has one or has the tendency for one needs to work that out before even thinking about touching crypto imo.

Sweet-Celebration498

Kratter has admitted that he threw the towel in too soon. Not a deal breaker for me. I do know that I’ve learned more about BTC from his channel than any other place on the internet.

KitchenPreference287

That “risk of not having Bitcoin” idea makes sense. BTCFi could add another layer to the treasury strategy if companies can put their BTC to work while still holding it.

KitchenPreference287

Getting institutions to hold BTC was one step. I'm more interested in what they can actually do with it now, and TBVs are a great start if you're interested in what BTC can do beyond just price and holding.

mcpickems

If you started out with stating BTC and ETH was 90% of your portfolio my response would have been differenr

KitchenPreference287

I get that, but I think the story is getting bigger than just buy and hold. There are now ways to actually put BTC to work, which changes the conversation a bit, like native staking....

KitchenPreference287

Fair point. Though I'm curious whether BTC having more productive use cases could eventually change that dynamic.

KitchenPreference287

What part of his strategy makes you see it that way? The buying is obvious, but I'm more curious about the influence he's had on how companies think about BTC.

Pitiful-Assistance-1

I bought a pizza for 3 BTC

Otherwise-4PM

Honestly, I’m sitting on cash because I think the Clarity Act will be postponed. Then, in autumn, not only should we be near a bottom based on previous cycles, but the midterm outlook for Republicans should become clearer, following the “buy the rumor” principle. I’m thinking the end of September could be an ideal time to buy BTC and SOL, but I’ve been wrong about things before.

iothewispp

lol does it matter? BTC + ETH still like 90% of my portfolio and these altcoins are just optional profit, i really dont care if they are "red"

Otherwise-4PM

Do you even realize you can rotate your shitcoins into BTC? If you’re down 40%, all you need is for BTC to go up around 66% to break even, and that’s very likely.

Pizzaboy0511

You’re stuck on something you can’t change change and it’s preventing you from seeing the path forward. What you should do is ask yourself this. If you had a second chance and let’s say you could go back to that exact instance in time and you can change who you are ,meaning your personality, your perception of the world and yourself. However you cant go back with any memory of the present. What would you change? Life is all about opportunities and another one like BTC (or maybe BTC still is that opportunity) will present itself. If you aren’t brave enough or mentally prepared enough to take on said opportunity then of course nothing is going to change. Take your regret as a lesson and turn that into something you sear into your core identity and you’ll be ready. Trust.

witchcurlydevon

Do you think BTC will go to the moon again papa?

Zestyclose_Ad2462

Keep going man, greaty job! I know how hard it is to change from an (over)spender to a saver. One thing if you aren't already: Build an emergency fund. This is the "wall" between you, your retirement money and your BTC/other investments. Life if expensive and sh!t happens. Even $1,000 put you ahead of 75% of Americans living paycheck to paycheck.

RecklessStallion9999

lmao, dude, there’s a bunch of us here who were your age and heard about Bitcoin when it was worth peanuts in 2010-2011, never had a 10k inheritance to drop into BTC, yet with out meagre means and pocket money could potentially purchase a few 10s or 100s of coins and keep them until last November - except it would not have happened, we would have likely sold when it hit 100$ or when it hit 1000$ etc. Hell, there’s people in this sub who probably held actual thousands of BTC and traded it away to smoke joints. There’s no point in wallowing, we all move on.

GoldmezAddams

We all wish we bought BTC earlier than we did. You missed a million other investment opportunities as well, like Nvidia. The good news is BTC is still here, the value proposition hasn't changed, and it still has a whole lot to offer as a savings vehicle (among other things). Make peace by getting a handle on your saving + investment strategy, whether or not that includes BTC, and feel good about where you're going, directionally. I wish I did a lot of things when I was 20. But I didn't.

mvrozanti

Objectively speaking, if you knew the future, and I have calculated this, you could have made more than 1,000,000% on BTC all of its life.

Tommyfit7

Would’ve should’ve could’ve I feel the same lol. Start of 2016 my grandfather died left me just over 40k and my daughter who was 10 18k and she could only receive it when she turned 18 by the will. BTC then was still under 1k US and I um and ah abt what to do with her 18k wanting to put it in btc and Mrs wanted to put it in a term deposit,well we did what the Mrs wanted and i regret listening to her everyday 😩

Not-the-best-name

You will miss thousands more opportunities in life. You cannot predict the future. It's the human condition. We could ALL have put that money into BTC back then. And a billion other things.

LanaDelRhodez

BTC isn’t a guarantee to come back… high chance it will go to zero

lk1191

that's what people said last bear cycle. unless you are holding shitcoins just give it time. remember to rotate back into BTC and take profits after the next alt season

Otherwise-4PM

Look, BTC is BTC, and institutional money seems to love SOL for some reason, so I wouldn’t say a new ATH for SOL is unlikely.

CandidateNrOne

If we are still here, we can multiply your coins in the next bullrun. Friends still downriding the last bullrun tell me tu f o, if I tell them the right time for buying will come the next 4 months. Same as they said, when I told them to sell eoy 2025. If you believe in crypto and are still here, no reason to not believe in the future imo. I ll just dca into BTC from Oktober till December and hope, it won’t go to zero.

SkidMarkShark

I don't want BTC Core devs changing BTC at their own discretion. We need people willing to fight for BTC original idea. The big miners are now fully centralized which makes the node runners less important. So if you want no one standing up for regular BTC holders rights keep it up and keep running down good people who do good things for the space.

Otherwise-4PM

That’s exactly the two you should own. BTC for stability and SOL for potentially higher upside than BTC. It’s still not too late to switch from your current holdings.

JimmySki6166

Congrats! You can never have enough BTC. I’ve been purchasing amounts weekly for over 5 yrs. I have approximately 2.1 BTC. Keep it up!!

parlay_scientist

The fat-tail point is what I'd focus on here. BTC can spend weeks making the unlikely outcome look stupid and then completely ruin that assumption in a few days.

cubeeless

BTC to $400k!

Ok-Eye4820

damn, the best thing I can do is it using BTC ETFs?

DrGrungy

Thank you sir! Just hope all the other retards who visit fall for the BTC trap 🙏 😉

DrGrungy

hahaha. Sure. If you can't figure it out and just follow Mr. Saylor and the other CNBC shills. You're the idiot! XD It's not a riddle, it's clearly what is happening. No utility in BTC!

Flashy-Potatoe-Queen

Well... What did you expect? 1 dollars per module? He'd get ruined by bots... This was made by someone from the community.... It's nice enough of him to give away anything for free. Kaspa being one of the rare thing that isn't a VC pump and dump scam alongside BTC and XMR... He wouldn't be wasting time.

peerful

Please double check if the 100k also covers BTC, because it may not

DrGrungy

It hasn't even started. It was never going to be BTC. BTC is a psyop!

derbyfan1

Stopped reading at "Excluding BTC and ETH..."

HeroicHeron

No one burned 100 BTC here, they only burned 2311 Satoshi on this transaction.

Coininator

Someone burned 107 BTC in 5 transactions on May 26/27 to the burn address you have mentioned. That RIP 100 BTC message is related to it, as the message dates back to a transaction from May 26.

DanimilFX

Stacks protocol transactions used Bitcoin to anchor/record Stacks data, sending tiny amounts of BTC to the unspendable 1111...oLvT2 burn address, while the weird X2... strings were encoded protocol data—not messages or hundreds of BTC being burned.

Fruzenshtein

But seriously, how does all of this tie back to BTC? What’s the connection here? 👀

DrGrungy

Lmao. Look at this account. Three months old with 3.8k contributions. This Liberal bot is ACTUALLY a bot!!! DON'T BUY BTC FOLKS.

qqAzo

100% Eth / BTC.

TheresNoSecondBest

>The BIP-110 folks (such as Matthew Kratter) believe BTC is digital money and should only be used as digital money. BIP110 doesn't deliver on that promise at all https://forklog.com/en/slovak-developer-embeds-image-in-bitcoin-transaction-without-taproot-or-op_return/

tenor_tymir

Crypto debit card cashback is the next best thing i have found. Bybit gives 1% in USDC or BTC and ether.fi gives 3% in USDC. That’s not too bad actually.

Objective-Macaroon22

BTC price has nothing to do with its success. It’s an exercise in human psychology and economics. Cryptocurrency has no value proposition. Why should I or anyone else not use FDIC insured banks? Why should any financial institution switch to cryptocurrency? Just like, why should I or anyone else switch from a DB to NFT for storing users’ digital items? You’re a smart person. Read what you just wrote 3 times out loud. It sounds ridiculous. No one cares about how you were configuring TCP/IP. Your comparing cryptocurrency to the Internet is outlandish. The Internet has value. It solves problems. There is unprecedented value in myself or others using it or moving existing systems to it. Same with cloud services. Cryptocurrency? Sounds like a cool thing for the sake of being a cool thing. It’s not the Internet. Get over yourself, and stop being an asshole to victims.

jkl2035

I did some Research in that - imho the big chains will be able to migrate - think ETH will be faster than BTC, in the quantum pure area I think QRL is the most serious approach but super small/niche

Ypsn

I would go with 80% BTC, 10-15% ETH and 4-10% LINK Maybe link and eth will not be used to tokenize stocks markets but im convinced that their chains will be used. That said I'm no expert, just a dude watching some stuff on the internet

iothewispp

top 5 biggest market cap: BTC, ETH, SOL, XRP, TRX. Sell small alts first when it pump, BTC and ETH can wait.

Global_Gas5030

210 000 BTC

BowDown2No1ButCrypto

So you own what, like $550-$600 worth of BTC?!

mathrio

Nothing, I don't even hold BTC directly.

Sweet-Celebration498

What have you contributed to BTC? Let’s see your YT channel!

Sweet-Celebration498

Matthew Kratter has been a shining light for BTC. Someday you’ll wake up a realize that Saylor/Fink/Mow/Core/Wall Street and others have exploited/corrupted the TRUE purpose of BTC.

junkhead_7

Fungibility... mmmh, not quite. If it was actually fungible, Coldcard hackers wouldn't be coinjoining - and I guess you wouldn't dare swapping your "clean" BTC for their stolen ones. Acceptability as well, not really. Bitcoin is accepted almost nowhere in the real world.

thuishaven

BTC, ETH, SOL, HYPE for majors XMR, ZEC, MORPHO, SKY, RUJI for alts I also recommend 30% of portfolio in market making products like jlp or hlp. 

LedeniCaj22

Kaspa would be my pick outside of BTC/ETH. The tech angle is what got me in: it’s a proof-of-work chain using a BlockDAG structure instead of a single blockchain, so it can process blocks in parallel rather than sequentially. That gives it way higher throughput than traditional PoW coins without giving up decentralization the way a lot of “fast chain” alt L1s do… I’ve been DCA-ing into it for a while now with a set exit plan rather than just holding blindly, since it’s still a small-cap and can be brutal in drawdowns. But for a 3-year hold, low market cap + real technical differentiation + still PoW (so it fits the “relatively low risk by crypto standards” framing) is the combo I’m betting on. *Not financial advice, obviously, just why it’s in my bag.*\*

GreenStretch

No, just DCA into BTC. Buying alts to take fiat profits in 2029 makes more sense, but pretty much all alts go down in BTC value.

soks86

Oh, well I did mean it as a joke but it's definitely not the beginning of the end. What end? BTC remains what it is. Unless consensus is undermined there's no reason for it to go.

igoldring

The holy trinity of BTC, ETH, XMR. Please don’t listen to BTC maxis attempting to convince you it is BTC or nothing.

LionRivr

TL;DR It’s a philosophical/ideological conflict between Bitcoiners. The BIP-110 folks (such as Matthew Kratter) believe BTC is digital money and should only be used as digital money. Save in it, Spend with it, and don’t fill up BTC transactions with digital spam (because I guess you can add images or messages to transactions somehow?) The original Bitcoin folks believe BTC should be completely free of censorship. It’s a decentralized monetary asset. Since BIP-110 aims to block certain unwanted transactions, they view BIP-110 as a form of censorship. And if BIP-110 folks can implement this form of censorship, then it’s a slippery slope to more weird governance. I personally believe BTC should be completely decentralized. But also, whatever happens, happens. BTC will always be dictated by the vast majority of miners. And the miners obviously don’t support BIP-110. Not sure if its the reasons I stated, but numbers don’t lie.

Potatotornado20

You buy 500 days before the BTC halving date, and sell 500 days after.

fan_of_hakiksexydays

25% actual BTC 30% BTC ETF 10% actual ETH 15% ETH ETF 10% BTC perp long 5% ETH perp long 5% ADA perp long

Extreme_Exam7914

I understand boring is better but Not even to just hold until this next cycle ? Then to transfer to BTC ?

Time_Basis2535

Don’t overthink it just DCA BTC every single day and chill

UC_DiscExchange

90% BTC 10% ETH. I know it's not what you want to hear, but it's the truth. After a decade in crypto the longer I go the more I become a Bitcoin maxi. There are no fundamentally valuable alts.

Solnse

You can have all the BTC. I just want to tell her that her Dr. is a quack and the bubble she feels in her breast is not just water and to not worry about it. I would INSIST she get a damn second opinion please.

Fools_Gold_4_Sale

My heart breaks for those who lost their life savings. I would be devastated and honestly never be the same person again. If my personal BTC holdings were hacked, it would turn my world upside down. Simultaneously, I am genuinely and sincerely thrilled to see how many ignorant cowards got scared away from bitcoin because that just means I can buy more at a lower price. Money never has, and never will, care about emotions. If you think that avoiding bitcoin is the right move for your money, best of luck to you. More for the rest of us.

No-Masterpiece2246

But probably good that they're keeping the BTC Core team on their toes. Core enabled porn and spam to keep fees up on BTC, nothing to be proud of.

AlternativeAd1456

From my perspective, BTC is still "very high" in price. My average is 21k so yes, I've stopped buying. However I made a few some buys around 60k but absolutely stopped buying during the last run up.

JohnnyTreemain

Wait is this true even for BTC on cold storage?

Shiftlock0

Yeah, in the event they become worth the effort, you can look into moving them into a supporting wallet. From your perspective, you now own a completely separate crypto from your BTC.

Serbithar

Are you even listening to what you are saying?! I am sure they will have their reasons when they screw you because everyone will be buying BTC. But at least you will know it's a risky business... ThEy HaD ThEiR ReAsOnS... LOL

Impossible_Excuse937

I don’t have kids, not blessed, but I get where you’re coming from as I’ve got good family, which includes nieces and nephews who I love. My dogs, along with my wife, are my family, but they’re dogs and I love them to bits, but they’re not kids. I don’t treat them as such. In dog terms, they have great lives. These people who treat dogs as kids don’t realise that dogs just want to be dogs, walking and running! If I had to choose between saving my dogs and individual members of my friends and family, I’d save the humans. However, I’ve done work where I’ve seen the worst of humanity, so anything outside the circle of my friends and family, I choose my dogs over any other humans. It might make me seem like a bad person but that’s what certain experiences in life do to you. But the BTC question, easy, I’d blue pill, as I’d still have my wife, met in 2009,  but we’d be doing a lot of good with the BTC money we’d have made from 2020 onwards. However, I’ve got a good BTC story. 2016, my wife come home from a night shift, saying an agency colleague spoke about saving in BTC and my wife asked what it was. Me, my ego/arrogance, knowing nothing about it, said it was mad Internet money. I didn’t really learn about bitcoin and what money really was until 2020. Hope this guy kept saving and is retired drinking cocktails on a beach somewhere!

feltusen

BTC is still a cryptocurrency..... Like a car is a car. Ford is car, Honda is a car. BTC is a cryptocurrency, Dogecoin is a cryptocurrency

WeCanTripleIt

Yes! 100% of my BTC’s held with Fidelity for security reasons.

damaged_goods420

BTC only

wolfofone

I would trust Fidelity or Schwab and a BTC ETF before I would trust Robinhood anything much less Robinhood Crypto. I would go ETF with the SIPC peace of mind or buy on Strike etc and self custody. I wouldnt half ass this. Just look at all the crypto custodial platforms that have failed.

Dymonika

So? It was 6 figures earlier. I'm even a BTC maximalist and have more BTC than USD, but I fear that seed management and irreversible transactions (in terms of mistakes or hacks) are difficult for the majority of people and that these will be a major contributor to why it may never go mainstream. You cite only the price but nothing else to back up your claim, whereas I can simply mention the thousands of forever lost wallets, the clogging of the blockchain with dust [that The Cat nobly tried to propose an aggressive solution to deal with](https://x.com/ostrom72158) that was shot down, so now we're stuck dealing with worthless UTXOs causing needless congestion. You seem to think I'm an anti-crypto idiot or something, but were you even aware of these things? I'm not against BTC; I *fear* for BTC. I *want* it to go mainstream but I'm concerned that may be too technical and absolute/no-mercy-for-mistakes in the nature of its transactions for the masses.

gtwooh

Pfffft. Ledger is fine. Never received a scam letter or other. BTC still there after 5-6 years. Also use a jade.

Yodel_And_Hodl_Mode

*Checks the price of Bitcoin...* *Hhhmmmmm... 1 BTC = $64,982... but Dymonika thinks it's a failure?* Sometimes, I don't understand people at all. I remember how hard it was to access the internet in the early to mid 90s. 2400 baud modems. Configuring TCP/IP. "Oh, dammit! Somebody's on the phone!" But never did I say, "Therefore, the internet can never go mainstream, right?"

Good_Extension_9642

I'll just say that after the BTC ETFs where created, I only buy ETFs, it helps me sleep like a baby at night

tenor_tymir

This is such a limited point of view. Quantum security is essential. BTC is going to adapt in a timely fashion. Why would anyone vote against that? It will be an easy consensus to reach.

crunchyeyeball

The "100 BTC" message may refer to the recent coldcard hack rather than a burn, though a lot more was taken over the course of the last week or two. People have burned well over 100 BTC of course. That address alone has burned over 800 BTC. Most of it was burned back when it was worth considerably less though. The weird "**X2[**" OP_RETURN messages seem to be related to some kind of "sidechain" I'm not familiar with: https://medium.com/rootstock-tech-blog/a-review-of-the-stacks-blockchain-from-a-rsk-perspective-9e3361970f34 > If you want to explore addresses from a Bitcoin blockchain explorer, Stacks’ Block producers create ordinary bitcoin transactions where the first output contains an OP_RETURN opcode followed by a push of data starting with “**X2[**” for Stacks 2.0.

therealsandysan

I distill water at my home and it kicks out a lot of heat. I channel that heat into a big Mylar wrapped cardboard box with stacks of sliced apples. They dehydrate the apples with the waste heat! The BTC water heater is a cute idea, but I'm still thinking that just buying the BTC and heating my water with a cheap tank is still a better option.

breadeggsmilkbees

Current knowledge can buy many BTC!

Suitable_Acadia_190

BTC's sitting at a level I've been watching for months. Move off the 2022 low has been one long methodical climb, real corrections, real consolidation, not the parabolic chaos people expect. Every time price has come back to test old resistance turned support it's held, and it's testing that same kind of level again right now. What actually has my attention isnt the chart though, its the disconnect between price action and how bearish sentiment's gotten. Momentum on the way down hasnt matched the actual selling, which usually means the move down is running out of people willing to keep pushing it, not that somethings structurally broken. Not calling a bottom. Just looks a lot like the other times this thing built a base quietly before doing what it eventually does.

coffeeCup_45

Cashed out $50k worth of BTC and transferred to my bank in less than five minutes. Immediately spendable.

wolfofone

The longest chain wins and is BTC.

SaraTalbotAU

Spouse transfers are a no-gain/no-loss event, so gifting BTC to your wife is fine tax-wise - but if your salary is low, check whether you are the basic-rate taxpayer here. She would pay 24% on her gains, whereas you could sell into your unused basic-rate band at 18% after the 3k allowance and gift her the cash instead.

DrGrungy

You're right. Just tired of all the BTC shills. It makes no sense whatsoever. Just don't the other retards falling for that crap 😅😂