BTC

binkers87

This November is definitely breaking Bitcoin's usual pattern! It's wild to see what was historically one of BTC's strongest months turning into such a bloodbath. I think the ETF dynamics have really changed the game - institutional money moves differently than retail enthusiasm did in previous cycles. Do you think we'll see more "broken patterns" going forward as institutions become the dominant players? The leverage wipeout seems almost inevitable in hindsight...

KlearCat

> Please tell me what BTC does that revolutionizes banking / investing / monetary policy? Bitcoin is a global, decentralized, monetary network that runs 24/7/265 with a fixed supply. Bitcoin has many use cases. I personally mostly use it as a hedge on inflation. But a network with the attributes I listed above can be used for many things. You ask about monetary policy. If there is a global, decentralized, monetary with a fixed supply that is a benefit to society. Look at monetary policies that are not decentralized. Literally every single fiat currency. Look at failed currencies throughout time. German Reichsmark, Venezuelan Bolivar, Argentinan Peso, Salvadoran Colón, Turkish Lira, etc, etc. These are failed monetary currencies that destroyed lives. It's happening today. Do you not see how a decentralized monetary network could be beneficial? > I would argue that has drawbacks too Nothing is perfect. Bitcoin isn't perfect for every single thing. Of course it has drawbacks. It's not going to be beneficial for everyone. It's not going to be beneficial for every single type of transaction. It doesn't need to be. And if you don't think it's beneficial for you, then don't buy it.

Fearless-Client-5507

Not to mention this one’s fucking SICKKKKK, want to make that CRYSTAL CLEAR ngl im stacking with this site, also remember there’s a cap on BTC , 21 million to be exact not to mention around 450 are getting mined daily, just something to keep in mind !

110010010011

I didn’t sell in 2018 because I didn’t need the money. I bought a new car that year, but paid for it with stock. I also didn’t think BTC was going to zero, so there wasn’t the temptation to jump off the sinking ship. The drop sucked, but it still bottomed out way above where I bought in. My appreciation by 2017 was already so great that capital gains taxes were a major concern if I sold the entire stack. I like to tell people that taxes have forced me to HODL, because it’s kind of true. The loss of funds due to taxes is guaranteed, but the losses due to holding are unknown. I tend to stick with the unknown.

davidmiller1970

What you're describing sounds like wash trading - a form of market manipulation where the same entity buys and sells to create artificial volume and price movement. This happens across many exchanges, especially during volatile periods. With Bitcoin's recent price action, manipulation attempts tend to increase. Rather than reporting it (which rarely leads to action), consider: 1. Using exchanges with better liquidity where 70 BTC orders have less impact 2. Setting limit orders instead of market orders to avoid getting caught in these swings 3. Looking at multiple exchanges for price verification before trading Trading view's exchange comparison tool can help spot these anomalies across platforms.

FootWashian

The high fees you're seeing are for on-chain Bitcoin transactions, which have been elevated lately due to network demand. Lightning Network is great for small transactions but doesn't connect directly to cold storage solutions like Trezor. For lower fees, you have a few options: 1. Wait for the weekend when network congestion is typically lower 2. Use custom fee settings (if available) and choose a lower sat/vbyte rate for non-urgent transfers 3. Consider batching multiple transfers into one transaction if you plan to move more BTC later Cold storage is inherently on-chain, though some solutions like Muun wallet offer both on-chain and Lightning with self-custody features. The fee is worth it for the security of your long-term holdings.

FootWashian

Congrats on hitting the .01 BTC milestone! That's actually a significant achievement - you're now part of the "1% club" (only 1% of the world could ever own that much if BTC were evenly distributed). I've been DCAing through this dip too. Remember the saying - "Time in the market beats timing the market." Those who consistently accumulated during previous bear markets ended up with the best returns. Keep stacking those sats at your own pace!

Spexar

Ahh I see... when ETH is in your 4th house of SOLANA, it forms a square with your DOGE in retrograde which transitions into BTC rising with the new moon.

jordygrant1

incorrect. If it hits 60K they have ZERO, becuase liquidation they arent beeting 30MIL, theyre betting the entire 90MIL if BTC goes to 60K.

bizmitchel

Looking at this without context but I'm guessing it's one of those outrageous BTC price predictions that's all over Twitter these days? The hopium is getting wild out there. Just remember that social media is an echo chamber - whether it's bears claiming BTC is going to zero or bulls calling for $1M. Do your own research and ignore the noise! 😂

Mbyoungs

Mate, I'm intrigued! Did you have a Bitcoin short story to share with us? We all love hearing about those "I bought pizza with BTC in 2011" or "my hard drive with 100 BTC is now in a landfill" tales. Drop it below if you've got one!

Some_Ad934

That's very simple. That's your iq level orbiting the BTC and the moon is "trust me bro"

ImNitefall

Interesting development! Bhutan continues to make strategic crypto moves. Their government has been quietly accumulating BTC for years, and now they're diversifying into ETH staking. For a small nation with limited natural resources, they seem to be positioning themselves well in the digital asset landscape. Validators require 32 ETH each, so that's roughly 160 validators from this move alone. Smart nation-state strategy considering their hydroelectric capabilities could eventually support more mining/staking operations.

Upstairs_Rub_838

Biblically accurate BTC TA

eleftheriosonic

I think there's a third type of hodler you missed: those who forgot about their coins entirely or lost access. Some of the oldest wallets likely include people who can't access their BTC anymore. But for those who deliberately held through multiple cycles, it takes incredible conviction or significant wealth elsewhere. I've been in since 2016 and selling even small portions during peaks has been my strategy - hard to resist taking some profits when you see life-changing money. The psychological discipline to watch millions appear in your wallet and not touch it is truly remarkable. That's why DCA and setting clear targets works for most of us regular folks.

Relevant-Flatworm926

that’s peanuts for BTC

VariatCA

Meta is nowhere near that kind of DCA return. Since the start of 2021, only *two* of the Mag7 would outperform BTC with a weekly D.C.A. purchase. NVDA with a +480% return, and Google edging them out at +140%. Every other Mag7 would *lose*, including Meta which has a weekly DCA appreciation of only +122%. Meta is only +137% above its Jan 2021 value, I don't know how on Earth you came up with a 475% DCA return.

Little-Struggle-8038

To the ones holding yes that’s encouraging. To the ones still waiting that time stamp . Today Black Friday 2025 BTC @ 90.9K

samuscoped

USDT/USDC/BTC/ETH = yes

Decent_Procedure2981

This clears a lot up and really helps me understand the thought process of long term holding BTC. Thanks so much for sharing :D Very kind of you. I think you meet the points I discussed above: 1.) you had money from Tesla and that allowed you to "weather the storm" of BTC. I suspect you probably have money to even invest in Tesla/BTC. My question for you is why didn't you sell BTC in 2017/2018 during the bull run? Could have just offloaded it in case it went to zero for a nice profit. BTC in 2017/2018 wasn't very widespread like now. I theorize you must have wanted to keep holding to see where it went. And had the money to do so. You must have had higher than normal conviction to not sell in 2017/2018. Unless I am totally wrong.

Decent_Procedure2981

I really appreciate this response. It confirmed my thoughts somewhat. I am considering being a BTC maxi as I am now at the point convinced fully by it. Kudos for holding since mid 2017! Crazy to hold so long. Did you ever want to sell near suspected tops/bottoms? Or easier to just hold through it all?

Little-Struggle-8038

Came on my friend, this thanksgiving you didn’t look someone in the eye talking bs about your sats and the laser beam just hit you that hard ? That’s the BTC karma, you must enjoy as much they enjoy not having sats .

110010010011

I purchased the majority of my BTC in January 2015, within days of a multi-year bottom. That purchase made me a millionaire by 2020. I have very low conviction for Bitcoin for someone who has been holding for ten years, so it’s not that. I don’t talk about it outside of the internet and I’m certainly not convincing others to buy it. The enormous drops I’ve experienced is a major reason why. I also wasn’t rich when I purchased in 2015. My net worth was less than $100k at the time. What helped me was another insanely successful investment running in tandem, a Tesla stock purchase made in 2011. Much of my lifestyle inflation came from selling those shares over the years. I didn’t really start selling BTC until a couple years ago, and by then the balance in USD was so large that I could get away with selling only a few percent per year. At this point, my unrealized gains are still well into the seven figures. Selling everything would cause an enormous tax bill. So I just sit back and go with the flow. Just as I have for the past decade. It has been working so far.

Huge_Strain_8714

Welp, I've bought several altcoins and of course BTC and they are ALL down, expect BTC and SOL, and ETH. Last week was rough and this week I'm still down 25%....so, what do you think? Do you like to gamble?

Possible-Magazine23

True. But these days for many average investors just wanted to get exposures to BTC price movement, ETF has a lot more merits - security, tax compliance, proof of asset, inheritance, etc.

UhUhWaitForTheCream

Would you rather a $1000 bag of TRUMP, VRA, ANYONE or BTC

heimos

All of the money laundering in Ukraine goes straight to BTC. See today’s news lol

jkarma21

Do some technical analysis dude. Its not hard to get some basic charting going. You can multiply your percentage gains by selling and rebuying and selling again....of you'd done some TA yiu wouldnt have bought neae the top. Once we hit the depths of the bear market shit is gonna get bad....plus the law of diminishing returns will always come into play. ETH should do better next run than BTC. Good luck tho!

its1968okwar

You are way too cautious. BTC deviates is the way if you want to get rich fast.

TheCurlyHomeCook

I'd say because anyone with a full BTC likely has the conviction not to sell the BTC for money at this point, so 90k ≠ 1BTC. There are many people in the world with 90k who would not put it into BTC. And there are many people in the world with 1 BTC who would not trade it for 90k. So having 1BTC and having 90k are inherently different. As a final point, 1 BTC could be equivalent to 110k or 70k tomorrow. Another reason it is not the same as 90k.

ETHTradr

You need to be careful because if USDC sure that’s a great move imo store whatever you need to buy in crypto fast with it and withdraw to pay bills/have some lifestyle expenses for the bills. You need to however consider the volatility of crypto if it goes against you and you got paid in BTC you WILL have to suffer any consequences that comes with it. Other than that pretty neat to get paid in crypto for sure

Pinewatch762

In commodities, cost of extraction sometimes influences price because supply is physically constrained. But in crypto BTC supply is fixed by code, not by mining cost. ETH supply is determined by burn vs issuance, not by mining cost. If every Bitcoin miner got free electricity tomorrow, 1 BTC would not become worthless. If every miner’s power cost tripled, 1 BTC wouldn’t suddenly be worth triple. Mining cost follows market price, not the other way around. In 2011, it cost pennies to mine 1 BTC. That doesn’t mean Bitcoin was intrinsically worth pennies. Crypto isn’t like diamonds or coal because scarcity is guaranteed by math, not mining difficulty. Security comes from economic incentives, not the cost of burning energy. So that analogy is garbage. It assumes that harder to produce = more valuable. If this were true Gold wouldn’t hold value even when new mines lower extraction costs. Digital assets couldn’t be valuable at all (because “production cost” is just electricity). Bitcoin itself wouldn’t have risen from $0.05 to $125k despite mining difficulty changing by over a trillion-fold. So, to answer your question Cost to produce 1 ETH: 0. Ethereum is Proof-of-Stake. Cost to produce 1 BTC: Whatever miners pay for electricity after the market sets the price. Mining cost follows price, not the other way around.

Spare-Dingo-531

> now that there's so much institutional money in BTC and ETH. Institutional money is just retail money but with bigger numbers. Institutions also sell in bear markets. > I'm not convinced that four year cycles will have a significant impact anymore As long as Bitcoin remains at a bigger market cap than Ethereum, I think 4 year cycles will have a significant impact, if for no other reason than, as each reduction in block supply impacts bitcoin security, more of bitcoin's trillions will migrate over to Ethereum.

Supaflyray

50% of all BTC mining is already done by clean renewable energy like wind, solar, and nuclear. AI is the problem, not BTC. People using AI to AI their friends as potatoes is wasteful. That’s what’s wasteful. AI IS BEYOND wasteful right now. BTC mining is only getting greener and greener. Humans will solve solar energy sooner than you think. It’s harnessing the power is the problem. That sun will always rise and set. And if it doesn’t. We have bigger problems than energy.

VariatCA

Does "reserve of value / store of value" just mean "it will never go down in price in the short-term"? I swear to god, "long term" is measured in weeks by some people here. Why don't you go back and compare BTC's growth over the last 5+ years, compare them to gold/silver, and see how those metals hold up in comparison? Because if you had been just reguarly DCA'ing into Bitcoin over the last 4-5 years, it would have *absolutely* stored the value of your money as well as appreciated much faster than inflation.

Elektroprodukt

He has a hell of a lot more than the average and median BTC holder.

DreamingTooLong

Every 10 deposits to a BTC hardware wallet It’s a good idea to do a SEND ALL to a brand new bitcoin wallet address on the hardware wallet to consolidate all the inputs. Each input cost about $.60 to move When you consolidate all your inputs into one wall address, then it only cost about $.60 to move the entire balance when you decide to move it in the future. It’s like converting 10 $10 bills into a $100 bill

Marcion_Sinope

You have Polkadots. You do not have 1.4 BTC. Should you trade the Polkadots for BTC? Is that your question? Shitcoins were created to separate you from your BTC. They serve no other purpose. Consider yourself lucky to get even a full BTC back.

OneFormal4075

Haha proof of work is "literally shit".... How much does it cost to produce 1 ETH? How much does it cost to produce 1 BTC? ETH has its place but it is not even close after the switch to the Satoshi model. Please before you reply with a sarcastic rant just answer my 2 questions in this post.

RoutinePrice446

Ahh, to experience the pain of only receiving 25 BTC from your home mining rig...

shitcanfly

Well we screwed if Japan increases their interest rates. Investors will run to bonds, yen, gold and silver. Our shitcoin BTC will probably go under 80k

Street_Outside_7228

You’ll build BTC equity way faster than home equity.

okiedokieaccount

Not really. If no one’s willing to pay then is it worth it.  Think of something like your house. You can list it for $10million, and there’s only one house exactly in its location so it’s unique. There’s no offers. By your logic your house is worth $10m. If someone wants that house they have to pay $10m.  I think you’re confusing price and worth.  If there’s a healthy market for BTC or houses there’s buyers assigning a value to what they’re willing to pay and owners assigning a value they’re willing to sell. Where those intersect at any given moment is the price 

Glum-Rate8494

MSTR owns 650,000 BTC. How tf is MSTR not relevant to Bitcoin. They are one of the largest advocates, pioneers, and investors of spot Bitcoin. Any notion that’s suggests MSTR is not relevant to Bitcoin is blatantly ignorant & just pure FUD.

Swapuz_com

1. **The kids will understand. BTC will remember.**

Swapuz_com

Every “BTC IS DEAD” is a brushstroke on the survival canvas. Every “BTC IS A BUBBLE” is a shadow on the legend.

Hidden5G

Fun fact : ..One single Bitcoin transaction uses about as much electricity as an average U.S. home does in a month. Mining a whole Bitcoin block?..That’s enough power to run hundreds of homes for a short while. The entire Bitcoin network every year? It’s like keeping a small city lit all year long. Every time BTC moves, a lot of energy is getting burned.

linuxmeaningfully

IMO stack more bitcoin. You can setup a BTC wallet on an old phone (Cupcake, Bull Wallet, etc) or laptop (Sparrow) (ideally, not connected to the internet) and get comfortable to moving money that way. You can always move the seed phrase or sweep the sats to a new wallet later You’ll hit a point where you feel you need more security and get a wallet. I think similar to other commenters it should at least be 0.01 BTC / 1 million sats per UTXO. Look up videos from BTCSessions for learning to custody your coins. He goes over various hot and cold wallets

Bkokane

Alt season doesn’t start because BTC dominance drops. BTC dominance drops because alt season starts.

TheRealTheory001

You missed the point. Analyzing leverage in the market to add to TA. And by the way, here is a absolutely perfect ascending wedge breakdown to target in BTC on literal 1 minute chart today. Are you actually going to say this is coincidence? [https://imgur.com/a/xAvlsJh](https://imgur.com/a/xAvlsJh)

AmazingfurnitureCT

DCA BTC ESD (every single day)

darkcathedralgaming

Not who you're replying to, but I just googled it because I want to try to understand your point. I gather that low float (not many shares/crypto available for public trading) or supply available apparently just leads to higher volatility and price swings, rather than necessarily driving up price long term? And I'm guess Is that what you're implying? And I would guess that Bitcoin is on average a low float? But then how does it relate to idea of scarcity built into Bitcoin which iirc makes it a deflationary currency? Perhaps that is the bigger factor in why BTC value may continue to rise relative to fiat over the long term.

SthoThaDtothaH

Keep stacking. What’s better than 1btc? Whatever you keep adding to it. If you are able to have it 5x-10x, and that’s enough to make a sizable life change, then do it. Can’t take BTC to the grave . Otherwise keep stacking. If you can, learn how to lend off of your collateral and use it to create assets that provide more returns than risked. Just sharing my humble opinion, not advice. My dream anyway.

purple_doggo

Look at Benjamin Cowens videos, he breaks down that BTC to Alt coin ratio needs to reach a certain threshold as well as other market conditions for the altcoin season to occur. As in all previous altcoin seasons (which is only 3 so far I may add). These conditions are just about to be met Maybe in the next couple of months. Big maybe or we may still be in for a rough year ahead. Truth is everyone is crying for the alt season has just been shilling people to keep buying without the correct conditions to actually result in an alt season. Once rates are cut we may see some jump but maybe not. If BTC doesn't charge above $125 k I don't really see one happening honestly. EVERYTHING follows BTC and I hold lots of ETH but even ETH listens to big daddy BTC and follows it.

devCheckingIn

It's probably more like the speculative asset has run out of speculation now that the government, banks, institutions, etc. have found it acceptable and have embraced it. What's there to speculate about anymore? Ohh wow, somebody might add some BTC to their retirement account?

MakeItMine2024

Good point… I still think the overall float of BTC is heavily manipulated. I also think there is a low of people that have been in the last 2 cycles expecting a bad year in 2026. There are a lot of different angles and theories being thrown around

AutoModerator

Post is by: Fill-Monster89 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1p96nf1/bitcoin/ Will probably come off very silly to this community but overall I’m new to crypto. Obviously I’ve heard of bitcoin but still don’t know a ton about it. Would it be a bad idea to throw $30-50k in there? It’s lower than normal so now might be a good time to do just that. Versus like actual stocks. I mean does anyone think BTC is just going to go away? I want to hear thoughts on this because it really could be a smart move. It says my post must have 500 characters so at this point I’m dragging this along. I currently contribute $125 of my paycheck to BTC. I have about $50k saved up total, and I’m really thinking about just throwing like $30k in and letting it sit. I know nothing is guaranteed but same goes with actual stocks and ETFs etc. Lemme hear your thoughts! *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.*

Althea520

I had left a couple of BTC coins on coinbase. Then Mango Mussolini got re-elected and got a cold wallet right away.

VariatCA

You mean back in ~June/July 2024 when he hosted meetings with Bitcoin miners at Mar-a-Lago, and addressed a Crypto Conference in July with his shift in stance concerning supporting the Crypto industry and speaking more highly of Bitcoin? Back when BTC was still bouncing between 55-70k in the summer?

SPdrLinc

If you just need to buy BTC, Bitstamp is an option for Americans outside the US, but verification is still required there. What I usually do is buy wherever it’s accepted, then swap through [Fujn Swap](https://swap.fujn.com) since it needs no signup or KYC. It has been smooth for me and the amount matched the quote.

pwinne

Yah I know right. I was buying skins back then with BTC as well lol

Ambitious_Use_9578

You want to get rich quick? You need to get riskier than bitcoin. Look at the top ten coins and pick those that have utility and more room to grow than BTC, starting with XRP.

minigodd

Well, if BTC doesn't go to $1M in the next 5-7 years, it would be really underwhelming.

Scionic94

Consider BitKey for a good starter wallet or Coldcard if you’re more technical and want to air gap things. I recommend doing decent sized transfers of at least ~1mil sats (0.01 BTC) to reduce transaction fees in the future. Most BTC-only exchanges have clever ways to reduce or eliminate transfer-out fees. Love the slow, but free option that Strike has.

freshflo

I got the Bitbox02 and never felt better with my BTC. Direct buy via Pocket every week.

freeridevt

BTC

Aromatic-Contact610

I would be asking where the rest of my BTC went lol

DrEtatstician

The best performance of BTC is just 10 days in a year !! You never know when that 10 days will hit

Amber_Sam

>Some people are talking about buying BTC in P2P. But that means paying at least a 10-15% This is written by someone who never used a P2P. I'm always buying under 5%, in many cases under 2%. If I can't find a good rate, I create my own with 0% and it gets snatched within an our or two. For anyone thinking to give P2P a try (you definitively should), have a look at BISQ, Robosats, HodlHodl, PeachBitcoin and Vexl.

Luis221231

Bro is laundering money with BTC.

Look_Up_Here

Knows if Tom Lee is becoming a joke, or knows which way BTC is going to go. I agree with the latter, which is why I think people are starting to believe the former.

MayorDepression

Nah, not only are BTC's returns better than the stock market, but it's also better on a risk-adjusted basis. Historically, BTC has a higher sharpe ratio and an even higher Sortino ratio (my favorite, as it does not penalize for upwards volatility).

HSuke

Or money laundering. Supposed OP has dirty BTC that's been traced to illegal activity. We help him and PayPal him money. We're stuck with illegally-acquired BTC we can't get rid of.

formbrand

If I wanted to pay cash, I would have done it long ago. I politely asked very specific questions of how to acquire BTC with gift cards. I don’t see the point of you questioning me why. I have my reasons.

AmazingfurnitureCT

DCA BTC ESD (every single day)

2ampee

No matter if BTC hits $10mil or $0 in 5 years, this Reddit is just a group jerk session

hereisthemothafucka

Hi, thank you so much! so you mean get spare parts from BTC Hardware solutions? and how exactly could I practice recovery scenarios? the biggest risk seems to be personal, to have the private key backed up and truly secure

Betterjake

Sending any amount from Satoshi's wallet would cause extreme short term panic as people would think it's possible the market would be flooded with new supply. Knowing that, I do two things * Send 10,000 BTC to a wallet I control * Send the remained to a burn address, effectively removing the rest from circulation forever

Easik

The 4 year cycle has been pretty predictable, especially since it has nothing to do with BTC and everything to do with credit cycles. Risk-on is going to take it on the chin when all this liquidity gets pulled out of the market.

SeemedGood

BTC is among the most pointless cryptos. Since Blockstream neutered it, it’s become just another speculative financial asset, but with higher fees and more volatility than most. Projects which aim to create utility beyond raw speculation have more of a point.

Juice79man

Dump Polygon, the Graph, Arbitrum, Celestial, Ondo, then decide between Dot, Avalanche, and Hedera. I’d hold 50%BTC, 20% ETH, 10% SOL, 10% LiNK. Then the last 10% in what you personally believe in between the coins I told you to choose between. I personally Hold ICP and DOT (I personally find the risk reward on these 2 worth it.) I hold the other 4 in the exact %’s I said. I use the last 10% in my spec plays.

steebulee

As much of a meme as Saylor and every other BTC character

JeremyLinForever

The bid was omitted from my explanation. If it is at $1, then it will be $1. Again, the key statement is if not a single person sold, and the sell orders are at $10 million you either buy at $10 million or you don’t get any BTC. It’s simple.

justcurious3287

...You're not going to get rich with BTC. Unless you bought very early, like in the early 2010s. Sorry. Doesn't mean it's not still a good investment, you can still do okay, but you're not going to make millions of dollars.

VariatCA

There have been a *boatload* of buyers this week, but there has also been around *$15 Billion* in more short-position volume than there has been longs opened in the last ~7 days, even while the price is up $6,000. It's literally been a barrage of shorts trying to hold back BTC's recovery since the bounce on Thursday night, and overall they're *still losing*.

Shazvox

Depends on how much you trust yourself. Can you keep your BTC secure without forgetting, misplacing or otherwise fuck it up?

Easik

This seems more like a scam to get more money out of you? Fees are like 140-340 sats to send BTC

Stew-Cee23

I'd be wondering where TF all the rest of my BTC went

hazmatlife

I bought BTC at 3k (not super early but compared to today for sure). I didn’t understand what I was doing. I pulled out with very little profit not too long after. Didn’t think of it much until the next bull run where I realized it’s use case. Then ETH stole my heart and now it’s something I believe in arguably even more than bitcoin. So now I DCA into ETH and chill. I fumbled BTC at 3k but won’t fumble ETH around the same price. Won’t be looking back saying “shoulda woulda coulda” this go around.

VariatCA

Better break out the celebratory champagne for them while BTC is *checks charts* currently down 0.5% today and still above 90k.

ccModBot

Thank you for submitting to /r/CryptoCurrency, Your post has been removed because the topic you posted about (BTC) is already at the limit of posts allowed in the top 50. You may post it again when the topic is no longer at the limit. ---[**Click here for a link to view the current limits**](https://www.reddit.com/r/CryptoCurrency/wiki/topic_limits)--- *I am a bot, and this action was performed automatically. Please contact the [moderators of this subreddit](https://www.reddit.com/message/compose?to=%2Fr%2Fcryptocurrency) if you have any questions or concerns.*

Adept-Ad-738

Definitely the actual thing. People should own their own BTC and not be investing in BTC ETF’s and no one should be encouraging otherwise.

Talkless

Is there website to track Cramer Indicator with BTC price graph?

VariatCA

Based on what, it's stellar track record of falling -33% over two years since November 2021, and taking the next two years just to barely recover to its old peak? While BTC has *actually* demonstrated its ability to outperform old highs and reach dozens of new daily ATH-plateaus since then? Your bias is getting radioactive at this point lol

VariatCA

It definitely can, which is why leverage drives this market in both directions. If you were watching the short-vs-long volume of the past week though, you'd have seen that since the ~85k level of last Friday, there has been over *$15 Billion* more in short-position volume being opened up than there has been long-positions. This is amidst BTC rising about $6k-8k since then. It's not long-positions inflating the price this past week since the bottom last Thursday, it's been short-positions trying to hold back the immense buying pressure and suppressing the price growth as much as possible.

Nearby-End3551

I remember when BTC came out, I swore it was made by the Cia to set up drug dealers and such. Just so they could reclaim all the BTC after they arrested them and drove the price. Years later....here we are... most if not all that BTC was seized by FBI. I doubt the us government has ever actually bought BTC. 😅.

BainTrain55

Hmmm Where did all the BTC to 100k+ EOY articles go that were posted the last 2 days?

Calm-Professional103

What wallet do you use?  Do you use eCash or can you use BTC?

OutlandishnessLimp25

Depends which exchange. Coinbase and River I think you’ll be ok. That said, I don’t leave Bitcoin on exchanges longer than I have to, I always send to cold wallets. Exchanges work until they don’t and then you’re screwed. Nobody wanted their money tied up in a legal battle. Just ask anyone who had money with FTX (I did not) but that money was tied up in court for years…and the real “work” of owning Bitcoin is waiting for time to pass, imagine the time passes, but then you don’t get the reward, that’s what happened to FTX holders. They got their bitcoin back at the USD price it was confiscated at (plus some interest) , not at the higher price it was worth. At the time of FTX's bankruptcy filing on November 11, 2022, 1 BTC was worth approximately $17,034 USD (based on the closing price that day). Under the confirmed FTX bankruptcy repayment plan (effective January 3, 2025), non-governmental creditors—including those with BTC claims—are entitled to 100% of their allowed claim value (pegged to the USD equivalent of their holdings as of the November 2022 petition date) plus interest, totaling 119% of the original claim amount for 98% of eligible creditors. This equates to a repayment of approximately $20,271 USD for a 1 BTC claim. Distributions began in early 2025 and have continued in phases (e.g., a third round of $1.6 billion started September 30, 2025), with most creditors expected to receive full payouts by the end of 2025 or early 2026. Note that while the plan prioritizes USD-equivalent recoveries, some creditors may opt for distributions in crypto assets at prevailing market values, but the baseline recovery remains tied to the 2022 USD valuation plus interest.

Street_Outside_7228

No, it’s still a 4yr cycle for BTC. 2.5-3yr bull run 1-1.5yr bear run Nothing about to change just because media got the retail hoping for sUpeRcYcLe.