BTC

HalfRick

Okay, so you’re saying BlackRock would use their equity (the $49 billion that you call « money in other assets ») to buy back potentially lost BTC to compensate their clients? That means that they would go bankrupt.  I of course don’t know their operations or details about their insurance, but what I can say is that Blackrock is not going to just accept going bankrupt in order to compensate lost BTC in the event of a hack or other catastrophic oprisk loss event. 

Euphoric-Fail5079

Bro there were people like ‘might buy when it hit 30 maybe pick up some more at 25’ although I’ve learnt not to make predictions on BTC. Wouldn’t be surprised if it went to 60-70 the main thing is that I no longer feel anything no matter how big the red number 😎

PancakeConnoisseur

You don’t have to continuously hold BTC to make money off of it.

Old_Equipment411

This is the way. Too many people still think BTC is just a get-rich-quick scheme when the real builders are laying foundation for something way bigger

Shazvox

Guess what... #BTC IS ON 93!!!! OMG!!!

Screamerouk

I’ve been BTC heavy for many years but I think 30-50k likely next year for the 4 year cycle low - 5 year cycle blah blah. I’ll subscribe to the 5 year cycle when I see evidence of it. BTC that low would not be a problem at all. Where do I see it going now, we’ll assess at 96-98. Any weakness im out. One thing I've learnt with BTC is it goes higher and lower so theres absolutely nothing wrong with buying at any time as long as you're prepared to hold. I'll be surprised if I am holding into 26.

Shazvox

If I was BTC I would be annoyed everytime some fool felt the need to post on reddit for every twitch I made... #OMG!! BITCOIN MOVED!

SUPERDUPER-DMT

Puts things in perspective when the fudders say BTC is dead, again, LMAO

Ubique008

Warren Buffet called BTC ratpoison when it was 20k in 2020 december I think The rich dad poor dad also makes atrocious calls all the time All this go to show even billionaries dont know shit from fuck a lot of the time

BunnyKomac

Exactly. If i was you, I'd stash money aside and wait for bear market. Buying BTC in the 50k-60k range would be ideal. Also don't get caught in the ''alt season'' talks every bull run, it's a bunch of bullshit. If you've got bigger amount to invest, go all in on BTC.

JonRenny

Still a virtual worthless asset. Only value is as an investment speculation. Which is what drives it's whole up and down swing in fiat exchange value. A good currency has to have a stable value (it's value vs hard assets). I beliwved in ceypto 8 years ago, when I first fot into it. Now, not really. It has had time to grow and develop, but all crypto has done is to display what kind of worthless, bubble of "perceived" value is has displayed. For a crypto to really have usable value, it need to be a untraceable digital currency. Otherwise you can just use normal fiat currency. The whole point of crypto, is it's privacy. I sold all my BTC / ETH and invested in property. Solid hard and productive asset. Gold is the real deal og investment, if you want stored assets. You can make stuff from Gold. Always has been the reference asset vs currency.

growmywealth

You can rebalance your portfolio over months and still be an investor. I just sold at right signal and bought back again basically multiplying my BTC holdings every time I did it. Whenever i went wrong, it was either a small loss or basically break even during false signals.

Epileptic_Fridgeboy2

Well, BTC also rises regardless of which elements are perceived to be priced in or not. So trying to pin down how much of a rise is the priced-in element or just natural market buying pressure is nigh impossible.

inShambles3749

No you misunderstood. I said all the price impact bullshit you twats fantasize together is irrelevant and a waste of time. The only thing that matters and is real is the BTC cycle.

Shelbadier

It's strangely easy to be convinced by these goofballs. Some of them might even be employed to convince you to part with your BTC

growmywealth

Use the highest 24 word list, and then add an extra passphrase in a language whose characters look different from English alphabets. Even a quantum computers would have hard time with that. Keep it across multiple wallets. Hold 10 Bitcoin? Spread to 1 BTC one wallet address. It's one time process, but the cost is minimal and security is maximum. No one is spending multi-million dollars to crack 1 BTC. Institutions would likely have multi-signature which are even hard to crack. And, we will continue to get even more secure wallets in coming years. I understand the risk, but it doesn't affect Bitcoin alone. The first targets would be foreign governments, military, enterprises, bank and tradFi institutions where the real big money is. If they ever try doing that. I don't think anyone is developing quantum computers only to hack the entire world. Those who build such systems I believe can also come up with some solutions and agreements to prevent misuse before it's launched to the market.

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Tunfisch

I never was in fiat either you invest in stock or but BTC but holding money is the dumbest thing ever.

iamjide91

Even if BTC faces a down cycle, solid DePIN projects are still building real infrastructure. AIOZ with decentralized streaming, RNDR with GPU rendering, and TAO powering IoT nodes, all continue growing, these are the plays that matter long term. HODL guys.

n_candide_fc24_NwcH

Hell yeah, $200K BTC by EOY? I'm all in on that vibe, crypto winter was just a quick nap, and we're blasting off against. Sad that I got burnt on the short bet. 100X on Phemex is literally a good tool to quick win but to quick flop if you don’t no how to use it. Likely I kind of like pretty much their BTC staking pool rather using a pumpkin 🎃 .

EggMedical3514

If you arent actually holding BTC , why are you even paying attention to acute price movement and Reddit post sentiment?

normnormno

I got in 2017. Although I have a healthy bitcoin balance today. Id have 21 BTC if I just straight bought bitcoin in 2017 and another 5-10 if I DCA'd straight into bitcoin and continued during my first bear. Alts cost me a lot. Fear cost me a lot. Ignorance too. Don't forget bitcoin was still really fringe in 2017. Everyone i knew was calling me crazy. i had 1 youtuber I watched who got me through 2018. Now there are hundreds. There weren't any businesses or nations adopting it. We were alone in the dark. Forgive yourself. Your mistakes are the price of entry when you invest. And when you tell people your story in the future, it's ok to bask in the glory and act like you didn't make any mistakes. That's investing.

Kie_ra

1.  Idk somewhere between 50-70% 2. bit stressed  3. never sold a. single satoshi  4. not selling my house and putting 100% of my net worth into BTC 5. YES - i don't  6. lmao no, i don't wanna be the product making someone $ and I have stable employment 

AKBonesaw

If you want to sell your BTC for dollars. Yes. If not no.

Xiximaro

Of course it is, only when BTC is down though. When BTC is up apparently it's a proper Company on this sub. You could say people interess in MicroStrategy is backed by hipocrisy instead of BTC lmao

Successful_Ad_380

Study BTC and you will figure the answer out for yourself. Or in other words: always buy.

ADottore8533

Buying half a BTC and the rest for entry is not worth it?

Pfaerd

Remember almost 6 years ago when BTC was 5k? now we move 5k in a day.

Azatis-

He is all in BTC most probably

PancakeConnoisseur

If you’re actually holding BTC long term, why are you even paying attention to acute price movement and Reddit post sentiment?

casualgamerTX55

Funny how spot BTC price volatility is linked to the Japanese carry trade. The market by now has priced a rate hike this coming Dec 19. The question is, by how much..

SomewhereBusiness503

This is solid intel. Saylor basically removed one of the biggest overhangs from BTC price action this cycle. Having $1.44 billion in cash to cover dividends means MicroStrategy doesn’t need to touch their BTC stash anytime soon, which kills a lot of the FUD we saw in 2021–2024. It’s funny how over-prepared they are. The market can breathe a little easier knowing the forced-seller risk is basically gone for the next couple of years. Also, your Bitget side note is relatable, sometimes these small moves or hedges give you an edge without needing to go full-on leverage. The market feels like it’s rewarding actual holders more than noise traders right now.

SomewhereBusiness503

BTC is the obvious one with ETFs and strong institutional support, so it’s likely to survive long-term. ETH is another big contender thanks to its smart contract ecosystem and growing adoption, especially with staking and layer-2 scaling. Other coins with real utility could stick around too, like BNB (used in Binance ecosystem), SOL (for fast smart contracts), and maybe ADA or AVAX if their networks keep growing. The general rule is: projects with strong developer ecosystems, real use cases, and network effects have the best shot. Everything else might fizzle when the next bear market hits.

SomewhereBusiness503

Honestly, I wouldn’t read too much into that as a “bear market signal.” Saylor’s perspective is specific to MicroStrategy’s balance sheet and their own risk tolerance. For context, he’s been famously bullish before and… sometimes wrong: * $10k BTC bottom call (2020) - He said Bitcoin would never go below $10k, but it dropped under $10k briefly during March 2020 crash. * “Bitcoin is the only safe asset” - Early 2021, BTC went on a 50%+ correction, reminding everyone it’s still volatile. * $1M BTC prediction - While not technically “wrong” yet, the timelines he’s suggested have been extremely optimistic. So yeah, take these statements with a grain of salt. They reflect his strategy and conviction, not guaranteed market truth. It’s a good reminder: even the biggest bulls can misread timing.

Legitimate-Space-279

I miss these times. If I remember correctly this was like $20k BTC era. It’s weird that bitconnect is nostalgic.

UpbeatFix7299

You like BTC more than eth so you're cool with donating your money to Michael Saylor and getting diluted into oblivion once his scam unravels. This is how Warren Buffet got started.

sargsauce

I just sold most of my stack for a house. It's my family's dream house. Acres of land. Mature fruit trees. Location allowed my wife to pursue her dream job and my kids to stay in the school they love with the only friends they've known. I work from home and during lunch, I go out to the field and shoot arrows and feed the chickens and let my dog run and run. BTC could go to $200k and I wouldn't regret a thing. If and when the next crypto winter comes, I'll rebuild my stack.

No_Leather_3676

Yeah, no. As it becomes exponentially more expensive for whales to manipulate the market with the bait they throw in and wait for real noobs like you to throw your money in, before they then fish it out and their billions of investment with it..they will move to something cheaper but still highly regarded, such as ETH or XRP or SOL etc. That way the noobs like you will think it’s mooning, with no actual reason as always, dump your investment, and then they take it. BTC has become too pricey to do that with and gives too little gain now for that whale activity. HTH old fruit

Substantial-Sea3046

BTC need to surpass 110k to cancel the fate... I guess

CRPTM_ONE

Gas fees can affect your taxes in certain situations 1. Buying fees will increase your cost basis Ex. Buying $5000 BTC +$50 Gas will make your cost basis $5050 2. Selling fees will reduce your proceeds Ex. Selling $15000 - $100 gas will make your proceeds $14900 3. Self transfer does not reduce taxes. However, the gas you pay in crypto is a tiny taxable event. You technically sold the small amount of crypto coin you used for gas at its USD value at that moment. 4. Your final gain formula: Gain = fee adjusted sale price - fee adjusted taxable gains In the example, $14900 - $5050 = $9850 taxable gains You need to track each and every fee and trade. Keep transaction IDs + USD values at FMV , dates of transactions for your records. This is a non-negotiable and very tedious work. That's why using a crypto tax tool that is IRS complaint and made for the USA is strongly recommended. FIFO is the default lot selection if you didn't track lots. Specific if is fine if you can prove the lots. 5. Every disposal, including crypto to crypto swaps goes on form 8949 and schedule D Final note - stay consistent and leave clear notes on how you treat buy fees , sell fees and transfer fees so everything lines up if anyone reviews it

inadyttap

$400k BTC EOY, I choose to believe!

Ok-Topic1139

In that case; I’ve been paying TCV for a decade. I don’t prescribe to their politics (jeff is a lune and conspiracy nut). But their crypto guys and longer term BTC advice has been pretty spot on. I don’t really trade but they also do short term analysis. But I only use them for BTC analysis. I made some great bets earlier on alts (ada made me a fortune previous cycle, TCV hated ada lol) , but also some losses. I’ve learned to stick with BTC and sometimes bigger alts. Moving more into wealth preservation over super high risk. I wont ever risk having to go back to an office job now at my age.

AlternativeTie4738

BTC recently had 2 weekly closes below 50 week sma. Historically that means we visit the 50 week once more only to be rejected and enter a bear market. Even if we touch 100k soon I will be bearish. I think its comming and I see it as an opportunity

ChripToh_KarenSy

That's holding, not trading. But back on topic, The longest I have held a swing trade is for like 8 months from September 2023 (BTC at 25k) and closed the trade around May 2024 (at 70k).

Impossible_Soup_1932

I don’t know but I had enough. Planning to sell the last of my crypto before the end of the year and just hold on to the BTC I have left

nugymmer

Why am I becoming a BTC maximalist? Somebody tell me!

Infamous_Tivenca

BTC,ETH,Sol etc. try to stick on the well known

Mohammad_Noruzi

BTC did exactly opposite of what people expected ;) i hope it will in the 2026 too. people expect that to be a bear market.

RetiredAvocado

There's nothing decentralized about sending BTC to centralized Coinbase as collateral for a loan. There's nothing permissinless about having a fully kycd account and having to ask for your collateral BTC back, which they can refuse for random verification reasons. Present your counter arguments.

PartSuccessful2112

What can I get for 0.03 BTC?

GreenStretch

Boring investors who have hedl in their retirement accounts are the ones who profit from BTC. They're not shaken out like people who are investing for the first time.

oldirishfart

Since the price of BTC may drop a lot very quickly how much time do they give you to respond to the margin call?

No_Wasabi6021

I almost got hyped into this. Hope the bag holders are okay. Seems like a good idea but at the end of the day if it’s so incredibly “next BTC” then why on earth would anyone sell it at all?

FromtheBigO

Honestly, still decently interested (in information, and that is, if you and your team are looking for help / minings etc.). If so I mean I spend almost two Hours everyday commuting in and around the city, doubling my time, but all highway straight up, might not be a bad thing for what exactly is going on. Again, I’m not even sure if you’re interested in adding anybody to your team/miners/anyway to help or get someone involved, but I would be willing to make the trip from the city. If you are, is there any chance you would DM me? I can very much show my dedication, as well as prove I’m a BTC believer and that I am only 3.5 hours away. Even if it’s something a few times a week; If interested, I’m in to win like all of use and maybe it could go somewhere, if not I totally understand. I’m a complete (within 200 miles of you) internet stranger after all lol.

Simke11

BTC is literally 60% of the whole crypto market

Ok-Topic1139

As i said, good luck. You seem to be (relatively) new to BTC. Ive been in this for 3 halving cycles. (I wont bother giving out my %, getting ridiculous now) Every cycle the hopium is the same. This time will be different. Never is. Ive been where you are, had to learn the hard way. But as I said, if you have time to ride the cycle you will be fine. Just make sure to bot loose your recovery words. Thats your biggest risk long term actually. JP and MS isn’t who I would listen to when it comes to crypto. You probably never heard of the group im in. You seem to be quite political, im apolitical. You wouldn’t like the analysts im paying.

DiddysAfterparty

It won’t because BTC doesn’t care about YOU.

VariatCA

Actually insane seeing BTC up $7,000 in 24 hours while there are **still** more shorts than longs at every single interval today. Longs-to-shorts are 49.5% / 50.5% with $1 Billion more in shorts. Good god, imagine the green day we'd see when there's not only tons of buying pressure, but also on a day where the Longs are in charge.

Tight_Log_6305

they thought December was going to be bloody but BTC is heading for 100k again

FromtheBigO

This too! I’m so so curious OP. Again, BTC believer who has a vehicle and if it’s somewhere not insanely far from the NE/IA bi-state metro I would so love to get in contact and talk about this.

Editor-Forward

I owned several homes, rentals...but have been gradually selling them over the years, so as to invest in BTC. Now I live in a modest rental apartment, mostly so I can continue to stack. Considering bTCs run over the last few years, I have so far made the right decision. My net worth is now $2M, 70% of which is BTC. Also a factor in my decision was the nuisance of maintaining and repairing rental homes

Dramatic_Studio5541

Of course, if you buy large amounts rarely and those buys happen to always be during relatively dips, you’ll end up with more BTC than with regular frequent DCAing. But it’s unlikely to be that way. For example, I recently bought when I thought 105k was the dip, then 95k, then 88k, then 85k. And there may be further dips. If I’d been DCAing I would have caught all the low periods (as well as the trends low and high). The more frequent your buys, the closer to the average price you’re going to get, but you need a means to do that. As I like to buy non-KYC I don’t have a DCA service for that and I don’t have time to do it manually. Think about it like this: the less frequent and irregular your purchases are, the less tied to the average price your buys are going to be - there is both potential that you catch more dips, but there is also more risk that you buy high and miss some of the dips

VariatCA

It's possible, but BTC's also only 7.5% away from 100k after one of its roughest 2-month performances in years while still (currently) down 27% from ATH. We're also absolutely loaded to the gills on billions of short-leverage sitting between 93k and 100k to jumpstart it. We're never, ever out of the woods with crypto, but there's a plethora of positive macro-economic triggers on their way or already here to get us moving upwards again.

Word-Alternative

Ask Fisher about ANY BTC allocation..👊💥😅

TradePerks

**Hard to say how ‘early’ we still are, but one thing is clear this is the first cycle where the big traditional players are finally stepping in. MicroStrategy has been stacking for years using leverage, but now BlackRock, Goldman, and other giants are positioning themselves to accumulate BTC, especially during this downturn.** **The next cycle will be driven heavily by these institutions, which means bigger moves.. but also a tougher environment for retail. If anything, the real game is only now beginning**

cubeeless

BTC to $1m!

Jtdugan0225

I had 3114BTC in my Silk Road wallet when it was at $12. Then the DEA arrested me and Silk Road got busted and I lost everything.

adilstilllooking

Congrats. Super excited for you. Similar experience as you. Been exposed to BTC over the years but sold when I bought a home about 6 years ago and a sold after a few life events. Now I’m just gonna HODL for at least 10-20 years. My ultimate goal is get to 3 to 5 depending on how much I can stack the next few years. Forget a 401K haha

RetiredAvocado

>BTC-backed Loan: Decentralized. No it isn't. You gave your btc to one entity. >Accessing wealth stored in Bitcoin however, is simple, quick and permissionless. No it isn't. You will have to ask permission to get your BTC back after paying off the loan.

slothrages

Starting Jan. 5, the firm's CIO-covered bitcoin ETFs will include the Bitwise Bitcoin ETF ([BITB](https://finance.yahoo.com/quote/BITB)), Fidelity's Wise Origin Bitcoin Fund ([FBTC](https://finance.yahoo.com/quote/FBTC)), Grayscale's Bitcoin Mini Trust ([BTC](https://finance.yahoo.com/quote/BTC/)), and BlackRock's iShares Bitcoin Trust ([IBIT](https://finance.yahoo.com/quote/IBIT)).

RANEDJ

I trade $GBTC daily since 2017, have weekly buys and now have a whole coin $BTC

GodblessBTC

Congrats my friend. Owning 1 whole BTC is a huge accomplishment and you should be proud of yourself.

HighDefinitionFool

you seem like a smart person. can I store my BTC with you?

Ok-Topic1139

Good luck. 30%+ drop at this market cap isn’t a correction. Volatility always goes down as market caps go up. Corrections get smaller with market cap. BTC was temporary surpassing gold this time. Every cycle the gap between bottom and peak has gotten smaller. As markets naturally do when market caps grow. Just how markets work. If we see a 70-80% drop this cycle, it would break the cycle trends. Timing wise the bull market was also ending this november. If you are right. Then good for You. However it would break two main cycle trend and defy market cap logic.. Unfortunately the odds are heavily stacked against you. I had a similar discussion with someone else on another account over a month ago when I fully exited. I said I would come back and congratulate or give condolences. I decided to not go back and comment. Loosing serious cash is painful enough. I recommended all my friends to sell as well. Some did, some didn’t. Some analysts might claim we’re still going to 170k+, unfortunately that’s serious hopium. Many paid analysts are saying the opposite. Both cycle pattern and long term charts unfortunately agree. Ive been in this for several cycles now. Ive made my retirement. So If im wrong, thats ok too. But I’ve never been more sure than this time. And this is the first time I sold absolutely everything.

Alfster101981

I figured it out today, you go to the devices ip via a browser. Usually 192.168.1.245. On the web page you should the device with the settings on the bottom, scroll all the way right you should see a click able edit button. This will bring up a screen where you can change the mining pool and your bitcoin wallet address, I found that when I added ONLY my wallet address the device would not reboot correctly. I am thinking that they want your device to mine for the company you bought it from so they make your $40-60 and then your device becomes part of their mining network and any block chains they decode they get to keep, so if you only change the wallet address it does not recognize that in their server. So I had to reset the device, change the mining pool and then add my wallet address. I tracked down the mining pool settings by setting up my wallet through ViaBtc app, you can find a mining pool and a BTC wallet address however you prefer. I am new to this so we will see where this goes. 

Nearby-End3551

If something happens to daddy trump expect a full ecocrash. Including BTC

SeriousGains

People say Strategy needs to die but the truth is ETH treasuries are the ones that need to die. If the entire crypto ecosystem focused solely on BTC we’d be over 200k right now.

uduni

Its hard to understand thats why. Bitcoin is not a “technical” achievement as much as a community. Anyone can fork bitcoin and still have a supply hard cap. But the supply cap cannot be enforced forever (eventually someone will get in charge and corrupt it), so it has zero value. Only the most well-known crypto can hope to have a big enough community to credibly stay scarce forever. Its a delicate balance of incentives, that has proven itself already (in 2017 the miner coin BCH is now worth a tiny fraction of BTC. Proving its not the miners in charge. Only us)

SomewhereBusiness503

Solid breakdown. I’d just add one thing people keep missing: this bounce wasn’t “random strength”, it was pure structural pressure. BTC supply on exchanges is at multi-year lows, leverage was stretched, and the moment liquidity upticked + Vanguard opened the doors, the entire market had no choice but to reprice upward fast. When supply is thin, even modest institutional flows hit like a truck. Also worth remembering: whales don’t buy those sizes unless they’re positioning ahead of something. Retail sees the candles; institutions see the liquidity regime changing months early. This move makes sense. The speed of it shouldn’t surprise anyone.

noviwu97

Because most people here don't own any BTC, but BTC dumping caused their shitcoin to drop. While BTC recovering doesn't mean their shitcoin follows.

zenecence

I lost 0.1 BTC held on FTX. Good luck.

thebig_dee

I mean I think he's pointing out how there's no inherent revenue driver of BTC. Its value is like gold, its worth as much as someone is willing to pay for it.

TripsterX

If youre holding long term, you need to consider, will your exchange still be around for as long as you plan on holding your coins? If the answer is "I dont know, then you'll need self custody That simple. When holding bitcoin long term, why expose yourself to un-necessary risks, like data breaches, bankrupt exchanges, not to mention shady exchanges. Why not take the time to learn about self-custody, and self educate so that you're competent in storing your own bitcoin. It really doesn't take that much work to understand. 2 hours of reading is all it took me to get the jist of the differences between exchanges and self custody, the advantages, and how it works. I've stored my BTC (and other cryptos) on my ledger for over 3 years, never had any mishaps. Asking long as you're propper, take the time to leanr and understand the process, how it works, and the important steps to prevent mishaps, it really is a no-brainer TIP: If you do go for a cold wallet, go for a user friendly one first such as ledger. Im moving from ledger soon to passport, which is safer in a few ways, but a tad more complicated. For a beginner to self custody, ledger is already a huge leap from an exchange in terms of safety, and it'll help you get to grips with self custody before moving into more secure wallets later on if you like. (Pls dont listen to any DM you get offering help to set up a cold wallet) That being said, if you do have any questions, reply to this comment and I'll give you any tips/help i can :)

VariatCA

Yep lol, their volatility would make memecoins jealous. All the volatility of a memecoin, and none of the personal ownership, possession or control of Bitcoin. Not that I can't appreciate why people invest and believe in MSTR, hoping that they can secure their stockpile by the time BTC has finally "truly matured" in finance and can cement themselves as a gigantic central figure. But by that time... owning some of my own BTC would be just as cool too.

VariatCA

BTC falls 7k in a day and this place is on fire with hundreds of comments by now. BTC gains 7k in a day and it's basically crickets at 50. There sure are a *lot* of regulars who have nothing to say when the market is recovering.

Busy_Arm_1656

No short position, average BTC buy price 26k years of DCAing and own over 2 full coins. Now pipe down lil man

ksiwhitcancer

Also, Bank of America advisors have been given the green light to suggest BTC to consumers (effective 05/01/26)

VariatCA

>I know if bitcoin goes up in value then I benefit from stateless money Meanwhile in reality, MSTR fell over -25% from its July 15th peak until early October, where Bitcoin had multiple recoveries and set new all-time highs in that time lol. Currently, MSTR is down -60% from that date while BTC is down about -21%.

Big_Sherbert88

I don't understand this argument, there is a fixed supply of gold. Just like new BTC is mined, new gold is mined every year. There still is a limited supply of gold on the planet and artificially creating it is so difficult and time consuming that Bitcoins PoW is nothing compared to it.

devCheckingIn

Saylor isn't selling all of his BTC if mNAV drops below 1. In fact, he might not sell any at all if he has access to other capital to allow him to pay out the dividends he's liable for. And the mNAV is just as much a function of BTC price as the stock price. If BTC wasn't being such a turd, MSTR would be fine.

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darodardar_Inc

In 2022 BTC fell 75% - many would consider that a crash, wouldn’t you?

VariatCA

Pretty cool, CME Group is launching its own Bitcoin version of the stock market VIX (Volatility Index), to judge and track potential shifts in BTC volatility.

Always_working_hardd

Thanks for the write up, good information. I like borrowing other peoples' money to turn into my wealth too. Although it's mostly real estate. I do have a HELOC that will buy BTC soon.

cshellcujo

It’s possible to literally create gold out of other elements. Theoretically elemental gold can be created, not just discovered. Its something thats [been done before](https://interestingengineering.com/innovation/nuclear-fusion-gold-mercury), and it being looked into more as gold becomes more important for microchips/tech. There will never be more than 21 million BTC though.

Fresh-Soft-9303

Fiat is worth nothing in the same way as Michael Burry says Bitcoin is worth nothing. But to your literal argument and not the metaphorical here, the answer is: 1$ fiat = 1$ worth of product 1 BTC = 91,000 $ worth of fiat / product There, answered both sides of your brain.

VariatCA

ETF's are buying real bitcoin, just in a roundabout way for the customer. Placing an order via ETF, by law, requires the ETF provider to immediately purchase the crypto at-spot on the market at the same time the order is executed. It's also the same in reverse, when a client sells their ETF stake, the ETF provider must also simultaneously sell at-spot. This is a legal requirement for a Spot-ETF to ensure that they aren't directly manipulating prices, such as selling off client's BTC without their knowledge to drive the market down and hopefully buy back cheaper later. Of course it's not nearly the same as being in *possession* of their crypto, but they do have authority and ownership of it through their custodian. ...Now buying Treasury Company stocks, that's a whole different matter lol.

AutoModerator

Post is by: Zealousideal_Rain_79 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1pcrkzg/bitcoin_just_bounced_hard_from_yesterdays_dump/ **Fed liquidity boost:** The Fed just ended QT and injected $13.5B+ via repos. Historically, anytime the Fed turns the liquidity taps back on, BTC rallies. **Vanguard finally opened the gates:** The $11T asset manager now allows clients to buy BTC ETFs. This signals massive potential inflows from the most conservative money on Wall Street. **Technical snapback:** Yesterday’s dump filled a ton of unfilled bids, shorts got blown out, and low exchange reserves kept selling pressure weak. **Massive whale and institutional buying:** WINTERMUTE BOUGHT 8,577 BTC BINANCE BOUGHT 7,658 BTC WHALE WALLET BOUGHT 6,610 BTC COINBASE BOUGHT 5,860 BTC BITMEX BOUGHT 5,818 BTC BITFINEX BOUGHT 5,778 BTC *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.*

No_Hour6830

I have a question that's probably better suited for an LLM but maybe others have the same question. How exactly does the BTC custody work when using it as collateral for a loan? Do you have to send a certain amount of the collateral to Morpho? (I assume they're the lender) If not, does it need to be stored on an exchange where they can pull directly from your balance? Because obviously the BTC can't be stored on a wallet since they'd have no way of repossessing the collateral.

Busy_Arm_1656

This gets so exhausting lol, so many corny BTC maxxers. “We’re so back baby!!!”… the bear market has only just begun lol, a 5k mini pump means absolutely nothing. I cannot wait for this shit to nuke to 70k so people can legitimately STFU. Accumulate and forget about it, bull market is over