BTC

quintavious_danilo

BTC never fell below its previous ATH except for when it was put online during the first cycle. Since then it never fell that far. What makes you think it will go to 30k when previous ATH was around 69k?

HedgeHog2k

For me that’s not an option tbh. BTC will always have a place in the world. It will not become the 300T market, but I’m positive it will steadily grow trillion per trillion. Now we are at 2T and next stop is 5T. When? Idk maybe 5 or 10y?

Real-Technician831

No, but at this point if you buy BTC with $1 now, odds are you are going to get 60c for it in a year. BTC has had pretty mediocre price development since 2021 or so, unless you cherry pick the bottom prices that is.

aprx4

4-year cycle is self-fulfilling prophecy. Everyone want to sell at some point in 2025 thinking it's peak year. Very little buying and bitcoin barely gained 10% in its supposed to be most bullish year of the cycle. Guess what? you don't get to outsmart the market. Either BTC already peaked at 126k, or there's still massive run ahead in 2026 that virtually nobody anticipate.

blockchainbeauty

I say create 6 digital wallet in a brand new phone exclusively used for receiving and sending bitcoin. Give each wallet address to employer to receive bitcoin for two months and give them another one After you receive BTC, transfer them from digital wallet to cold wallet and keep them for st least 10 years

SnowImportant4517

Trust me bro Im very tech savvy I work on computers all day but every BTC transaction gives me the creeps I'll be running my node soon to get myself verified when I get my hands on a cheap 2tb ssd

No-Reserve-2208

BTC is down to fiat? Can $1 buy 1 BTC?

steelchairframe

Higher interest rates for longer periods of time is driving a head wind against business profits which in turn need to lay people off to keep the profit margins high because investors demand a better return against the money they borrowed to invest. Businesses are stuck. Keep people, valuation collapses through Wall Street. Fire people, valuation remains but economy will hit high rates and high unemployment which is stagflation. Stagflation is death. I think the real issue here is that people should be half foot out half foot in at the moment. We are the first asset to cop a flogging which is why everyone is always calling for 100x shit coins until BTC is -50%, then they're salty bag holders. Invest in assets that you're willing to hold down in the depths and you will have no issues. When we get to the depths, double down and wait for the bull.

Putrid-Past-3366

IMO we need a few more details before any personalized recommendations can be made, but here's a jumping off point. --- You ask if you should take profits, and say you've already taken 500% profit on whatever lucky coin you bought. So, we can assume you sold your entire bag, then bought back in — with an updated buying power of $25,000. First, given the current market state, and the fact that it sounds like you got lucky with your initial investment, it could be pertinent to de-risk your current position... but we'll circle back to that. Couple questions and general thoughts — ⋗ Do you have any debt with above a 4-5% interest rate? Do you have any good debt? Debt can be good, but in my experience, most people asking a question like this haven't found an opportunity to cross the threshold from bad to good. Learn about it, and consider ways you can leverage it in your life. It is one of the keys to financial freedom. ⋗ What's your job, and is that what you want to do for the rest of your life? $25k could be enough to work fewer hours/part time while going (back) to school or to take a run at turning a side hustle into a occupation. More likely than not, you're going to spend more time working and sleeping than anything else. Take the time necessary to find something you enjoy, and don't settle for less. ⋗ What are your mid and long term goals? What is your current life situation? Recommendations for someone who's married, hoping to buy a house, just had/about to have kids vs someone single, looking to move somewhere new to go back to school. --- IMO your thinking should all kind of revolve around/circle back to; are you happy/comfortable where you're at and what kind of impact could $20,000 make in your life/future. --- The market looks like it has more downside, but I personally think the four year cycle is dead and that the price action we are seeing is an argument that Bitcoin is maturing as an asset. However, you don't want to get caught up trying to catch the first 25-40% of a potentially parabolic trend reversal, only to buy in early and lose 30-40% or more of your gains. It's all manipulated. If you think it's the bottom, it's probably not. So again, never deploy all of your capital at once. My best advice for re-entry is to be patient and wait for confluence between BTC followed by ETH/SOL/BNB all bouncing from major support zones, paired with BTC dominance moving decisively below 59%. Buy in waves and try not to get emotional when you see a big green 4hr candle. Remember, the market is just patient people, taking money from impatient people. --- As far as what you should buy... If it were me, I would probably move 20-50% of it into stocks, but I'll stick to the crypto. Long-term, you have to understand that Bitcoin is king. You can take collateralized loans out against, and never sell. IMO, that gives it the most financial utility of any crypto, currently. That being said, I think that (years) down the road, others could follow suit. Looking beyond Bitcoin, I would allocate a large percentage of your portfolio to top 10 coins with proven utility — 60-80% — Eth, Sol, Bnb, Link, and whatever else you believe in. I like Solana. The traffic, money, and rwa all seem to be going that way, but it was also $8 only a few rotations aroud the sun ago... You can do whatever you want with the remainder. I'm sure you'll get all sorts of recommendations from other jackasses; like me, who have too many opinions. I'll check back if this post gets any comments.

Aggravating-Ebb5416

Waiting for BTC at 80k

Alex09464367

And we all agree that 1 BTC is worth: XAU | 1.61 lb (gold pounds) XAG | 129.73 lb (silver pounds) ETH | Ξ30.15410005359301 (ethers) USD | $95743.16 (US dollars) CNY | ￥681201.52 (Chinese yuan) EUR | €82448.16 (euros) ARK | 323123.46342192 Ѧ (ARK) BCH | 194.50279849 BCH (bitcoin cash) ADA | 188036.108022 ADA (ada) FIL | 48412.85 FIL (FIL) LTC | Ł992.59 (litecoins) XRP | 41487.74 XRP (ripples) XTZ | 170604.932528 ꜩ (Tez) At time of writing

Mysariah

Am I gonna double, or more my BTC currenctly?

Gohf046

I agree with you. I just think we need to be carefull to think BTC will be the next "Internet". It just a store of value as long as enough people have faith in the value of BTC.

Own_Condition_4686

I think it’s shakeouts and also the 100k price point could be delaying the 4 year cycle.. it’s been weaker every time and now there is a nice round number of 100k to encourage a much longer consolidation period. 4 year cycle is still influencing BTC but now there are more forces pulling in different directions. I think we could see some very weird and unexpected behavior over the next year.

Gohf046

I agree with you. I just think we need to be carefull to think BTC will be the next "Internet". It just a store of value as long as enough people have faith in the value of BTC.

Saffuran

The money that is exiting BTC, ETH, SOL, Major Alts, and Shitcoins but not landing back in USDC/USDT is going into the ZK/Privacy infrastructure. Zero Knowledge like ZCash, ZKsnarks (ETH), STARK, Monero e.t.c. It is a macro trend and I think the liquidity heading there isn't moving back into BTC or the "surface market" anytime soon - they're expecting the bear market which may make the ZK assets ones that will rise as BTC bleeds.

ClassicRevenue6686

Honestly man this makes me so happy to read. There’s others out there lmao. I came into some money in July and decided to go nearly all in with 90% of my cash on hand allocated between BTC, ETH, & SOL on the recent dip. Spent nearly 50k USD, down 10%……not worried. 40 left to keep buying. Fed Rate Cuts, Switch from QT to QE, High Dollar Inflation, ETF approvals… I don’t care if it takes me 5 years, 10 years im gonna hold and I’m gonna DCA and when it crashes I’m gonna dump cash. I see this as a generational wealth opportunity and I believe we are still extremely early. A small rotation of the other sectors of wealth could easily 2x, 5x, 10x, the crypto market. If I’m wrong, I can live with that. I could die knowing I went all in and it just didn’t turn out but I would be pissed if I watched the opportunity go by because I was too scared to commit. My parents think I’m crazy. I’m all in and I don’t give a fuck.

MachiavelliOsiris

I have the Coinbase card and get 4% return on all my purchases in the form of BTC so that’s cool way of DCA without even trying

cizmainbascula

That's why you exchange BTC for goods/services and never "sell them" per se. Just transfer them to another account

ilovemyronda

Nice. Time to buy some BTC

Raymikqwer

Sure there’s real world usage. But that doesn’t mean BTC and ETH can’t tank another 40%. And that’s all people in this sub care about.

Large_Ad1151

Exactly People that think BTC will be 1 million in a few years are delusional. BTC will move slower and slower because it will require a bigger and bigger market cap. This bullrun prediction was 200k and is far behind.

Gohf046

So what will be the use case for BTC besides a store of value? Everyone uses and needs the internet. You don't make a point why everyone would use and need BTC in there daily life.

she_russian_im_bustn

Bitcoin hits an ALL TIME HIGH and this guy is upset BTC didn't perform.... absolute insane. These people will never be happy with aspect of their lives

ophere007

It’s over guys — until next month when the same people scream ‘BTC to the moon!

Zllimpat

Just me. But I was posting a lot to be fair. These Reddit dorks know know BTC and XRP

mazdarx2001

It won’t take 4 years to recover. The Bitcoin cycle and the business got out of wack since COVID. This whole bull cycle has been am going on while liquidity is dry and interest rates at ATH (well ATH hit BTC) . The fed this entire bull cycle have been extracting money out of the financial system. That all ends in a couple of weeks and the are starting to print again

Hokie027

What makes you say that? It’s the same cycle bitcoin has followed since inception. Just look at charts to see the amount of days after halving before it peaks on average (around 500–halving was April 19 2024, which puts peak per cycle around Sep 2025). So by averages we are right in the pocket for post peak pullback into the bear cycle… you can tell me it’s institutions, but I’d say this is normal bitcoin cycle. I don’t think we will see a 70%+ pullback (would put BTC around 32k) but 50% would put us right around 60k… so around 65k is where I’m targeting to buy in again.

FeelessTransfer

No because I buy utility that's been around as long as BTC.

FatMacchio

Yea…I’d honestly just continue to buy BTC (and yes, other solid alts) and just leave this sub. You’ve hit the nail on the head about this sub, and esp the mods. They make sure to ban anyone that doesn’t follow the approved script

Scared_Good1766

I completely agree, and it remains to be seen. But at this stage, it looks like this cycle may indeed be quite different- if top has already come and gone, then we never hit true mania, and arguably this should mean we won’t dive as low in the bear market. Plus in theory, with each halving event, the supply side of bitcoin economics becomes less and less important and the demand side has more and more of an impact. Meaning demand from large institutions can very feasibly at this stage break the four year cycle when the next halving is only going to reduce block rewards by ~1.57 BTC versus the first halving where there was much lower demand and the halving lowered block rewards by 25 BTC. Or we could be hitting ATH’s in December and realise it’s still completely intact 🤷‍♂️

seancollinhawkins

First and most importantly: a bear market is traditionally defined as a 20% drop from recent high. This depends on who you talk to and what you're talking about, but 20% is a good rule of thumb. Secondly: Not one of those drops the image points to is a 25% decrease 25% decrease would mean price falls a quarter of it's current price... that doesn't happen once. What the chart shows are (up to) 38% pull backs in price from current high relative to previous low. Not an overall percentage decrease. Previous low: $70k New high: $100k A 30% pull back that his chart shows is referring to 30% drop in the differce of the New high minus Previous low. So: $100k - $70k = $30k 30% of $30k = $9k A 30% pull pack from $100k to $91k That is what his chart is showing. A 30% drop in price from $100k would be a $30k fall to $70k. That chart doesnt show a drop that big anywhwre. IT IS OKAY AND PERFRCTLY NORMAL TO BE IN A BEAR MARKET. Bear markets are healthy. Price needs to, and always will, correct itself. It is critical you learn this if you're going to invest. Learn to look at a bear market as better prices for buying instead thinking about it as your portfolio losing value. If you truly believe BTC is a good investment, then lower prices should motivate you to want to buy more

OldGoneMild89

$150 yesterday and $200 today. I'm not stopping until I hit 0.1 BTC and I think that'll be the extent of my contributions to this. Then whatever happens, happens. Maybe that'll be enough to put me in a good spot to retire in 8-10 years, which is when I'd really like to anyways (I'm 54)

VariatCA

At least that's what we hope, yeah lmao. With no subtext, on the same day they transferred around nearly 50,000 BTC, in the midst of a rough drawdown for Crypto and for MSTR's share price, that post's timing literally couldn't have been worse.

waassup510

BTC 45k soon

BoringPrinciple2542

I agree that inflation has been an issue since leaving the gold standard. I even pointed out that I’m talking about short-term price action. But the reality is that in the immediate term, fiat is growing stronger compared to bitcoin (1 BTC price has been declining since early October). Combine that with the visible wallet transfers, & rumors of selling and the decision to post a picture of yourself fleeing a sinking ship can easily be taken to mean you are cutting losses. It’s a poor choice of imagery optics-wise. Unless as stated there is an intention of fostering panic to drive the market down prior to buying. Which would be a shitty thing to do but would make the post quite logical.

No-Lingonberry6473

Check my other posts. Bought.25 BTC at 95k

tornavec

In a crypto winter, BTC drops to its mining cost — the ultimate floor. Everything else is just a temporary support level.

LetitBurn79

Jesus Christ you took out a loan to buy bitcoin in the most unstable time fiscally?!!! We have NO idea where our economy is going whether centralized nor decentralized and I really hope to GOD you have more combustible income to buy the dips to lower your average because if you haven’t noticed BTC is down 20% in the last 90 days. I’m somewhat experienced in trading and there is SO MUCH TO LEARN about charts to even understand accumulation levels, resistance levels, what the bottom is, drivers of what moves crypto, the list goes on and on and on. Also, I don’t know if you know but the US is slowly moving into a digital ID and social credit score system and just because you’re invested in a decentralized form of currency does not mean it is safe. I also hope your career is not easily replaceable by AI because you will default on your loan if you lose your job and well, you’ll have to claim bankruptcy. PLEASE make sure whichever trading platform you use is HIGHLY secured. Also my recommendation is DO NOT use a ledger for your bitcoins. IF you do and misplace it or lose it ALL of your money. Yes ALL of it. My cousin had $110k worth of BTC solely on his ledger and he left it in his car and it got broken into and they stole the ledger. He did have it very secured with a 20 unique word password sequence so whoever got a hold of it most likely couldn’t hack into the ledger but long story short he lost it all along with his mind and marriage. I really hope your long term strategy plan works but my advice is to do some major research on crypto and have an exit plan if shit goes south. Good luck

TheBigLR901

Why can't I pay in BTC?

TheFlyingHambone

BTC will hit a million before 2030.

ChaoticDad21

Silver and gold teach you what makes a good money. Then you see why BTC is the best money.

JustKiddingDude

BTC is not dead and it’s not the newbies selling. This is when the bull run (if you can call this that at all) ends every cycle. It’s the experienced traders that know this and are selling ahead of the dump (which IS coming). Why hold now when you can buy at 80K (or lower if you believe a recession is coming).

Necessary-Nature-380

Nothing has changed for crypto, it doesn't need to be appealing, at the end of the day it is just a form of cash. The October 10 wasn't a great moment, but give it a couple of months of "no drama" and it'll start growing organically once the 'sentiment' starts turning. Besides, nothing is safe from being manipulated / deflationary. Fiat currency, stocks, gold etc. everything is controlled by the government.... or at least they will try. I am strangely looking forward to a healthy pullback and will load the bags once BTC reaches a bargain-value of $75k to $85k range.

unkilleredCvOS

Bitcoin was not created to just be a speculative asset but also to be a hedge against the state currency, you still don't fully understand the purpose but you can sell parts of your assets and continue to have your BTC but in smaller quantities, real money was made to circulate... spend your BTC with other people who like this technology and help create a bitcoinized society

14qr23we

they think they're gonna get rich coz "ZCash is gonna became the next bitcoin." Something like that. It kinda makes sense because if crypto and BTC really becomes mainstream, as in really, really, mainstream (you see it everyday, everywhere), then it becomes common sense that privacy is one of the things that people will search for next. But it doesn't make that much sense because when it comes to privacy, Monero (XMR) is supposedly the gold standard, not ZCash

Indigovyre

"BTC $200k and ETH $12k by end of year" ~ tom lee

hyper24x7

Been buying $50 of BTC every two weeks for a year. Just changed it to be $30 a day.

Crypto_Powered

One would hope that if you invested in Bitcoin you would have done enough research to know this is normal and these are buying opportunities. As each day that passes I know we get closer to another halving and once that happens it would be impossible to not reach a new Ath either before or shortly after but I do get the feeling most everyone wants Bitcoin to go to an extremely high price and with anything that Wall Street touches it's being manipulated so I think everyone should adopt a new philosophy. Stack enough money to buy large chunks when it goes down to unexpected lows and then sell when it reaches a current Ath or surpasses it and rinse and repeat. This slow grind might work out better if you have the discipline to buy in those low moments usually at those certain parts of the year like near Black Friday or Christmas or after Tax Season when money is tight with your average person and sell when it goes to a new high which will mostly like come back down sometime afterwards. I'm all about DCA and Stacking Sats and Staying Humble but I get the feeling buying sats when they are very low and selling them when they go back high and doing it over and over again would result in being about to buy more BTC. Discipline is the key here and using money that you don't need to survive so you can play with stacking even more sats by using the ebbs and flows of the market to your advantage.

Adept-Ad-738

Sounds like you need to read / learn about BTC and the problems it was built to solve - then you can stop caring about the fiat price

Zllimpat

ZCash continuing to melt faces while BTC sputters blood

zerolimits0

The volatility is an opportunity because eventually the price will stabilize much higher with a certain level of adoption. People ignoring the lifeboat but aren't paying attention that the water is rising steadily. More will eventually sink and start to search for safety, once most are on board, it will not be opportunistic but a new way of storing value. I suspect many smaller countries to jump aboard and unload their central banks into BTC first, this will be a crazy inflection point.

phoebecatesboobs

Woah, nobody ever thought about that. How do you get the $50 of BTC in the wallet? Oops, now they know you have a kraken account. Wait, that $50 of BTC you had to pay a TX for a fee on top of the fee you paid for the spot purchase from the exchange was also traced to some hack 5 years ago. Now you are accused of profiting from property theft. This has been argued to death, criminals needing privacy is state propaganda.

03xoxo05

I’m commenting on random threads to get opinions on ETH. Idgaf about other coins. But I am new to BTC. Should I also invest in Eth or stick to putting all into Btc?

JeremyLinForever

I am of opinion that if your back is against the wall, you strive to be better. Stability is only an echo sentiment because you see doom and gloom headlines about Warren Buffett and Michael Burry calling it quits on the same day, BTC is down to $95k, and the stock market is coming back down from exuberance. It’s all a part of the market cycle, but just don’t be that guy that sits there crying a few years from now saying that you wish you’d bought more when the price is at $1m per coin.

zerolimits0

BTC will hit 1M just like the dollar will lose X% value via money printing inflation, it's all just a matter of time.

Remarkable_Ad5011

Your families know you have BTC??

Oograr

The problem with long dated options on a vehicle like IBIT is they are priced too high due to low liquidity, and will lose a lot of value in a churning market. Perhaps you need to buy 2 to 6 month puts (or whichever has best liquidity) every time BTC spikes and manage them closely so you cash out on major dips. I personally have not looked at options on IBIT but I understand where you are coming from.

SevereArrivals13

Bought some more BTC, Moons and ETH Now we chill and await the UFC and disconnect a bit from crypto

zenethics

Eh. To be fair, a 30% correction was normal for prior bull markets but also prior bull markets were going up and to the right at a 60 degree angle. A 30% correction is _not_ normal for BTC after a year of sideways consolidation. Not saying we're in a bear market or whatever, just important to keep perspective.

Impossible-Weight852

Why go through all of that to buy BTC with USD, give the merchant BTC which then gets converted back to USD? Just give the merchant USD and skip CashApp altogether. Yawn, this is a non-event. You’re just grasping at straws.

azdcaz

Bear markets have been signaled by MULTIPLE WEEKLY closes below the 50 week. We haven’t had one yet. Wicking below in the past has meant statistically nothing. Also, consider how the impact of the halving is less every time. Block rewards went from 50BTC to 25BTC in the first halving. Next halving they’ll go from 3.125 to 1.5625. And then to .078. In a multi trillion dollar assets the halvings trend towards a rounding error.

GoofManRoofMan

Saylor has a shit track record. I’ve often wondered if his dot com era antics will be reflected in his current venture. I don’t understand why anyone wouldn’t just buy BTC, or even something like ibit. Saylor is playing with fire.

Complex-Photo-973

Will know based on how it closes by this Sunday as it will close the weekly candle structure. But if BTC is really going to the moon in this Q4 or by Q1 2026, this is the moment bulls will need to step in to take it higher. Fib is at 0.618 (golden line) and RSI diversion is bullish.

fairlyaveragetrader

There's a really high probability that we're going to bounce to 99 to 103.. however that's likely a good exit zone if you're not planning on holding through the next down cycle. If people are wondering, well where does it get bullish again? Above 108 would be interesting and above 116 on a weekly close we are up trending again There are really good ways to make money on accumulation targets though. Look at the Jan 2027 ibit puts. You can basically choose your level to short to accumulate. The 25s which correlate with roughly 45,000 BTC, I was able to get fills on those at a $1.50 today. If we never trade down there, it's free money letting them burn up on margin, if we do get down there, that's the zone that looks really appealing to me, somewhere between 40 and 50K even though I will be the first to tell you that I don't think those prices are likely for about a year. There's likely to be a lot of support around 69-72 especially if it becomes a base for 6 months or so. If it does you definitely want to buy the lower break of it if we trade down around the 50s, mid-40s, something like that

dephchild

Last chance to buy BTC above 95k

Silent-carcinogen

I'm curious to know how you retrieve the BTC it actually mines? Does it go to a cold wallet? If so, how?

FnAardvark

If someone needs cash, they need cash. Selling BTC is a taxable event so even at 10% more, they would still lose money if they sold it.

Shepinion

Nice. Yeah that’s one of the only reasons to not worry too much about fiat worth and selling at right time for another asset bc the BTC won’t move until you’re long gone Anyway I hope that’s a long time from now and beneficially for your children

Rickard403

Then wouldn't the whales wait until the price dropped lower before gobbling up more BTC? I mean if they were strategically influencing phelps to sell, why buy all the way down?

420DNR

I wonder if the hype around alt coins is scaring BTC people. Those guys are out out, and really like to talk about it 

YogurtCloset3335

Why? You can't validate transactions with old inputs, and you can't query the chain. The BTC blockchain is 1TB, not that much. You can get a cheap 2TB drive for $100. BCH chain is much small.

ThePugz

Tech risk off. Market has tons of investors solely looking to profit off of BTC & buying & selling constantly. Some sketchy news & financial reports recently. Combined with a rather long bull run has people nervous & taking profits. Economy is not doing well despite trumps claims of the greatest economy ever. Could very well see an even further pull back on the tech sector & BTC & crypto generally tracks with the tech movements.

Major-Rabbit1252

What about the context that fiat is collapsing? Lmao. It’s easier to see BTC dropping on paper (this happens with BTC frequently) but fiat has been a sinking ship since the moment we left the gold standard

theincognito66

If someone told me in 2023 that people would be upset BTC is at 94K in 2025, I would have put all my savings into it

RamoneBolivarSanchez

**OP:** “sorry guys as a whale I’m fearful and thinking about selling my $143 of BTC”

YogurtCloset3335

Has it occurred to you that Winklevii might have traded BTC for ZEC?

Major-Rabbit1252

I don’t believe in using leverage for BTC

JustMortalSoul

Sell your kidney to buy BTC and when BtC hits ATH sell BtC and buy back your kidney 😂

Zllimpat

Check my post history. I been talking about ZCash in here since $120 and just get downvoted and insulted. Crypto Reddit is truly pathetic, only BTC and irrelevant bag holder coins like XRP are celebrated. You guys are always way too late to the party.

fmfame

Following BTC since 2017 , however invested first time last night.

Ikki_The_Phoenix

What if we are wrong and it's the new BTC? 😬

Known_Click

What institutions? Strategy? It’s the only one with an important quantity of BTC. The rest only have crumbs in comparison.

kuracoin

I’ll give you an actual answer without trying to lecture you on the viability of the trade itself. It may not be the *best*, but it is *a* way to short. Buy USDC, deposit into a lending protocol. Borrow WBTC or an alternate wrapped BTC depending on what the rates and other factors are that you find most attractive, sell it, then deposit the proceeds back into your lending supply side. Repeat however many times you want for the amount of leverage you’re comfortable with.

EdBread5

Yeah, that's pretty much where I stand, as well. I got into BTC early enough that if it goes to 0, I'm r6eally won't feel the loss.

MathematicianSome104

"Bitcoin's dead, folks at least for now . The dream's over. All the OG BTC investors are cashing out and heading to Destiny Nevis for the ultimate crypto retirement. Time to move on. 🪦💸 #Bitcoin #Crypto" Destiny.com

xtra_clueless

Sure, better wait until after Saylor sells, just to be sure. But let me tell you, BTC price will will be already down to 40-50k or so.

The_Vibe_is_Eternal

The fed is ending QT December 1st. We’ve been in QT this whole time. PMI and ISM are at the lows. I honestly don’t think we have started yet. I am surprised BTC has been able to hold up as well as it has in this environment

YogurtCloset3335

>there's only one solution The final solution? That's what I think whenever I hear that phrase. And pruning for BTC nodes exists since 2016, nobody uses it. Today we live in a multi-coin world, Not a big deal. We don't need more solutions. >yet to see this fee market work the way blockstream envisioned Fee market is a nonsense terminology. It's like a "parking ticket market", people don't compete to pay fees. The reason fees went down is people moved to coins other than BTC for payments (economic theory behind this is "substitute goods"). Read back to 2017 Blocksize War posts, even BTC Maxies were using Litecoin and other shitcoins. Just not BCH, because using BCH would prove them wrong about scaling.

SimpleMoonFarmer

BTC is back in the menu.

itsaworry

Well it got to $120k in July and was still in the zone in October , so you had some time to consider selling . Seeing as how you didn't sell , it now looks like you're holding and finding another way of getting by . . . . .or waiting for a price bounce . I started waiting for a price bounce in Nov '21 when it was at $65k and began dropping , i don't advise doing that , it's nasty . See if you've got any other options for getting by and leave the BTC to do its thing . Good luck .

Bbronson123

Doesn’t matter, just dca as it goes down and lower your avg cost. You won’t give a shit in 5-10 years if you bought at 70k vs 100k is BTC is worth $500k+

Flashedboy

A 20% drop from recent ATH occurred at $100k, so we’re truly in a bear market by conventional measures. However we have witnessed BTC drop 50% to 80% in previous bear markets, so either find your diamond hands and ride it out or sell enough to alleviate your pain.

Bubbly-Grass8972

I asked ChatGPT. Here’s its response: Great question. There’s a lot going on here, and I think the Winklevoss twins’ move into Zcash (ZEC) via their newly rebranded company Cypherpunk Technologies is a very deliberate, ideological + strategic play — not just a random bet. Here’s how I interpret what they’re doing and why now makes sense: What’s Actually Happening Cypherpunk Technologies: Leap Therapeutics (a biotech company) has rebranded into Cypherpunk Technologies.   They raised $58.9 million (led by Winklevoss Capital) to fund the shift.   Of that, ~$50 M has already been used to buy 203,775 ZEC, at an average price of ~$245 per coin.   Their longer-term goal: to accumulate up to 5% of Zcash’s total supply.   The company is now publicly traded under the ticker CYPH.   Why Zcash? (According to the Twins) Tyler Winklevoss (and by extension the strategy) frames ZEC as a “privacy hedge” to Bitcoin.   He’s called Zcash “encrypted bitcoin, or digital cash.”   Their thesis is that privacy is increasingly scarce in a digital world, and that Zcash is a way to institutionalize that privacy bet.   They believe there’s growing regulatory pressure, but Zcash’s optional privacy model (i.e., shielded vs transparent transactions) makes it more palatable than fully “anonymous” coins.   They also want to be active participants in the Zcash community, not just passive holders.   Timing — Why Now? According to coverage, ZEC has seen a massive rally recently, which could be drawing institutional attention.   There’s a scheduled network upgrade (6.1) for Zcash coming Nov 23, 2025, which could be part of their timing play.   From a macro/regulatory angle, privacy is becoming a more visible issue: more governments, institutions, and individuals are grappling with data surveillance, digital rights, and what “on-chain privacy” means. Cypherpunk may be trying to position itself ahead of that curve. Also, building a digital-asset treasury has been a proven playbook (MicroStrategy bought BTC, others are doing similar), but here they’re differentiating by going privacy-first.   Why It’s a Big Deal / Why It’s Risky Pros / Strategic Upside: Strong Signal for Privacy Coins: The Winklevoss twins are very high-profile. Their backing gives legitimacy to Zcash and privacy-focused crypto more broadly. Long-Term Play: This feels less like spec trading and more like a mission. If they manage to accumulate the 5% they want, they could be a major ZEC stakeholder. Hedge Against Transparency Risks: As blockchain and financial regulation tighten, a privacy-first asset could act as a hedge. Public Company Structure: By using a publicly traded vehicle (CYPH), they give retail/institutional investors a way to play their ZEC bet transparently. Risks / Challenges: Regulatory Risk: Even though Zcash’s privacy is optional, there’s still regulatory scrutiny on privacy coins. Liquidity & Supply Risk: As some in the crypto community point out, a significant amount of ZEC supply is “locked” in shielded pools, which could reduce the effective float. > “~30% of the entire ZEC supply is locked inside shielded pools.”   Concentration Risk: If Cypherpunk aggressively accumulates, they might face diminishing returns or run into limits on how much more they can acquire without driving the price up too much. Operational Risk: Pivoting a biotech company to a crypto treasury is non-trivial. They’ll need to execute well on treasury management, security, and corporate governance. Why the “Twins” Are Doing This Now (vs Earlier) Crypto Maturation: The crypto landscape is more mature now — institutions, legal frameworks, and infrastructure are stronger. Maybe they see now as the point where a “privacy treasury” is viable in a way it wasn’t before. Philosophical Alignment: The name “Cypherpunk” signals ideology. The Winklevoss twins have long been believers in crypto, and this move aligns with a more libertarian/cypherpunk vision: privacy, self-sovereignty, digital freedom. Valuation Opportunity: Buying ZEC now (assuming they locked in early) could be more favorable than later, especially if they think ZCash has a long runway or underappreciated fundamentals. Public Market Strategy: By doing this via a Nasdaq-listed company (CYPH), they can leverage both crypto gains and public equity markets, giving them a hybrid advantage. My Take: What I Think About the Move Bold & Smart: This is a very bold move, but it’s also smart. They’re not just speculating — they’re building a narrative + a business around Zcash. Faith in Privacy: They’re placing a big ideological bet: they believe privacy is not just a fringe crypto value but a core future financial infrastructure piece. Execution-Dependent: The success depends heavily on their ability to continue accumulating without destroying value, and to manage the treasury professionally. Market Impact: This could be a big positive for ZEC’s ecosystem — more capital, more governance power, maybe more development or adoption — but also a potential risk if it’s too centralized (from Zcash community perspective).

Shepinion

I cannot believe (no, actually I can) the amount of people doing the boring “just hodl” or “you’re not cut out for this” or “think long term” or “you gotta commit” or “FIAT doesn’t matter, only BTC” I guarantee 95% of these dopes are not parents that are overly exposed >80% NW in BTC. If that’s the case, then they don’t have a fucking clue what you’re talking about.0

Open_Bluebird_6902

Yeah..it’s a good idea, I guess that’s what you are doing in the last week or two.. buying 1-2.000 $ worth of BTC a week.. is working dude 😂 keep on doing it 😂

Shepinion

Do you have small children? Genuinely curious. I’m trying to imagine not think about BTC in terms of FIAT when your little girl needs an extremely expensive medical treatment to save her life…..

panthera_N

I know cz is the culprit but still feel betrayed by BTC 🤣

El_Peregrine

I don’t short, just buy and hold. But this year has been extremely disappointing for BTC, especially given the backdrop of other assets performing well, and mostly good news. When a chart performs like this in that context, it is never good. Bitcoin looks to have a rough few months, if not years ahead.

Alcapwn517

Then why did they move so much BTC this morning?