BTC

DRAGULA85

I don’t think anyone has been correct right in 2025 regarding BTC

flsurf7

No, that time was mid Nov. You can wait for another dip to switch BTC for ETH. My personal position has already been secured back at the prior dip in June

Steezy_Steve1990

You picked 2021 as an example and didn’t included 2022,2023, or 2024. Yes you would still be in n profit today if you started DCA BTC at the 2021 peak. Strategy is proof of this. What are you doing? You’re comparing past performance yourself too. We can’t see the future, all we can do is look at past performance. I’ve already said three times that BTC has diminishing returns like every asset that has ever existed. I’m starting to think that you don’t know what diminishing returns means which is concerning. Yes, BTC will not give you a 100x anymore, but it can still give you a 10x in 10 years which is an amazing return on investment. Going from 100x potential to a 10x potential is still a diminishing return.

PreferenceFit9842

I mostly agree. Simple BTC (and maybe ETH) + patience beats what most retail traders do. No need to overthink it. I just wouldn’t say all alts are trash. Most definitely are, but each cycle a few legit ones survive and do really well. The problem is picking them early, not that they don’t exist. BTC/ETH long-term is the safest play for most people, no doubt.

Leading_Bet7312

If you like dollars more than BTC then sell for sure

MatterFickle3184

That's awesome hence why I changed my positions at the beginning of the year. Swapped out of S&P and went all gold and silver. Bought BTC after Liberation Day at $77k sold at $105k. Waiting for BTC to take a monster shit dropping under $50k before buying back in. IDGAF what anything did 5 years ago I'm about making profits now and in the future.

Prestigious_Long777

Option 1: The bitcoin was on a multi-signature wallet. 2/3 signatures are required to transfer funds. Usually: mortgage/lender/seller of some good or service (did your friend take a loan with BTC as collateral through the exchange?) or buy some drugs online? Signature from the exchange or platform/provider (also known as the “middle man”). Signature from your friend. Only 2 signatures are required to transfer funds, since both parties usually trust the middle man by reputation. If the service provider for who the multisig wallet was set up managed to hack or bribe the exchange/middle man, it would allow them to steal your friends Bitcoin with 2 out of 3 signatures. Option 2: Your friend lost their credentials or was hacked. The hacker simply transferred funds, used e-mail access to bypass google authenticator. A hacker only needs access to the principal email address of your friend to be able to withdraw the funds. Option 3: Non custodial wallet private key exposed. Your friend used a non custodial exchange (= they have self custody over their wallet). It would mean they have a pneumonic seedphrase. A hacker with access to this seedphrase could have simply recovered the wallet on his own device and transferred the funds. No email or 2FA access needed.

flsurf7

That BTC/ETH chart is looking mighty bullish (1 WK candles) https://www.tradingview.com/x/n9SPgLDf/

Bigdyll13

Nyk, nyc. Prime example of the risk with not holding your own assets securely when it is very simple and easy to do so. Sound like it was just money trying to get a quick bag off of a crypto pump. The stories of exchanges being hacked for millions have been wide spread, so very little sympathy here. Contact the exchange. If they're properly insured, you may have the funds replenished either way. Unless this was done by some one you know, there is very little power you have beyond reporting. Self custody is not that hard. If you're just in BTC for a quick bag then you're doing it wrong anyway and this was coming. Put BTC in cold wallet, hold for years. Fuck exchanges.

pwinne

Agreed - me rolling my own eyes at the stupidity of having 1.8 BTC on Celsius.

BG8_BULLDOG

I've heard enough; deposing all live savings towards BTC.

Lopsided_Skill2856

Hey, we're launching a crypto IBAN in the EU, alowing you to receive instant sepa transfers and receive stabelcoins in your own wallet without fees. Then you can easily swap to BTC, ETH, solana etc. let me know what your think of it : [ixwing.info](http://ixwing.info)

Extreme_Procedure_78

Hi, I apologise for missing your response. I did manage to open a SIPP with ii - they allow BTC etn - to a max of 10% of assets if you are a restricted investor....although how they will enforce that, beats me. Crypto knowledge test was the hardest one I have done so far! We have become an FCA-regulated nanny state.

moonRekt

I feel the same way fortunately i wouldn’t say wasted since ive spent 6 of those years focusing on my kids and I took profits (like an idiot they’ll say here) and traded my “appreciating assets” (crypto) for depreciating assets (cars). Cars have held a lot more value than the crypto I sold off the top. Selling off rest of my shitcoins to do a final build, holding BTC, ETH, Coinbase, precious metals and then stock indexes

honcpe

But you don’t want to withdraw by small UTXOs. I think 0,013 BTC would be about the amount someone should move it to HW wallet but it’s nothing too dumb.

Steezy_Steve1990

Why are you so sure that it won’t continue to grow? You haven’t given me a reason just your opinion. The fact that there is a finite supply of BTC that isn’t controlled by a government body, and the fact that money printing will keep devaluing the dollar and cause inflation is enough reason why BTC will continue to appreciate in value. If your right in 10 years come back here and comment and I’ll admit that I’m wrong but right now your stating your opinions as facts to justify your choices.

CoffeeAlternative647

BTC never had cycles. It is the human behaviour towards Bitcoin that has ever been cyclical. Bitcoin blocks have been tick tocking like day one and nodes have been verifying since day one.

Then_Relationship158

So will you be able to have BTC in your bank account? How do I get citizenship? lol

Steezy_Steve1990

You obviously don’t understand Bitcoin if that’s how you think. BTC is a longterm hold asset not a short ten asset so it’s actually perfect for pensions. You just falling for the same trap as people 8 years ago who said BTC was too expensive at $2,000. You will look back at this comment 10 years from now and feel pretty stupid. I bought BTC at $2000. I’m doing great and will keep outperforming you. That’s okay though. Let inflation eat all your money away as you keep getting more poor. It’s not my money, I don’t care what you do.

Real-Technician831

And the topic is pension systems. Greater fool systems like BTC don’t deal well with constant sell pressure that would result when those who have BTC in their pension funds enter retirement age. So go take a walk or something if you don’t even understand the topic.

EnderSword

There's the actual blockchain anyone can look at, but there a lot of analytics people and companies do on like new wallets, new wallet moving averages, momentum plays etc... [https://studio.glassnode.com/charts/btc-new-address-momentum?a=BTC](https://studio.glassnode.com/charts/btc-new-address-momentum?a=BTC)

Successful_Ad_380

AI is (almost) always going to agree with you. Doesn't matter if your positive or negative about BTC. Always ask for counter arguments, you'll get some! Just take your initial post and ask: give me counter arguments as to why I could be wrong. You probably will get a list of things like that BTC is entering a different phase, became mature, is macro-sensitive, BTC is for everyone etc.

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d8_thc

How exactly is adding BTC to a strategic reserve 'controlled by the elite'? How would you stop this? Bitcoin is permissionless by design, you dingus. You literally cannot have Bitcoin while stopping certain entities from buying Bitcoin.

Budget_Eye5861

S/he speaks of the last LOW that hit $15.5K USD during DEC 2022 Previously this had never occurred. The previous LOW that was broken, was the $20K USD low of DEC 2018 What these people don't seem to understand is that the BTC cycle is fluid and... ... not a static and ridge "thing". As the data changes, so do the projections. I see the cycle in an S-curve due to the diminishing returns \[at-the-moment\] We only hit about 25% of the projected/possible ATH in 2025 \[we have math(s)\] We only hit about 50% of the project/possible ATH in 2021 In 2017 we were still gathering BASE DATA If the pattern maintains thru 2029 -> we could see about a 12% projected ATH or about $168K USD on or about 29-AUG-2029 Above the $168K USD but under $350K USD would show a slow-down in the S-curve Above $350K USD would show a slow recovery from the S-curve $1.4M USD is the MAXIMUM HIGH projected .......... ............ And we're BACK!!! Let's see what happens. ....and it's all gone. Let me double check............... Yep, all gone.

Ghaseetaram

Impact on BTC in case of no rate cut??

Real-Technician831

Stop cherry picking. It’s utter bullshit to talk about 10X if you are comparing low points against high ones. BTCs average gains have been diminishing progressively. Pensions are accumulated and then start to be cashed out. BTC which periodically goes to low periods would be eaten up for those who are drawing their pensions when that happens.

VincentVan-Gogh

in fact I wanted to diversify my portfolio between BTC, ETH and SOL. Every now and then a bit of gambling like SKAI was yesterday :)

Steezy_Steve1990

BTC has done about a 10x in the past 5 years. How is that not impressive? Of course diminishing returns is a factor with every single investment. You’re all upset because it didn’t perform well this year, even though it still did almost a 8x from the 2022 low. Institutions don’t care about this year, they care about the price 10 years from now. They wouldn’t be going all in right now on BTC if they didn’t see the value in it.

Fear_Blind83

Whoever did this really knew what they were doing, they sent over 3 BTC total from 128 different addresses to FixedFloat in one large UTXO consolidation transaction. https://mempool.space/tx/6b2f2c18e158f6d9f9c36c105a3468f2de8fef8abef0610ee4f62fb66c6c6a5a?mode=details Seems like the work of an organised hacker group.

RetiredAvocado

You confused things by stating bitcoin is backed by math and energy. And if I was to attempt to redeem it for what it's backed by, per your title - you need to show up with "math and energy" that you claim is backing it. And not the spent energy, or new energy, but rather energy held in some storage as the "backing" in some exchange ratio. Like you deliver some number of megawatts per BTC on demand, at any time. If you can't, and we don't, then bitcoin isn't backed by energy.

Fear_Blind83

The 1.6BTC was in the hot wallet belonging to Luno from which Luno sent your friends 0.013 BTC. The change (1.66461598 BTC) went back into Luno's Hot Wallet. https://i.postimg.cc/J7xNpT55/Luno.jpg The BTC was moved from https://mempool.space/address/bc1pj3ha733fu7h8edutpggg6v2fpqgtnp72yqa6vgdlscty3qfdj09q6l5xkk To https://mempool.space/address/bc1qk6zrq32zfvhh6tw7xtvcavuqtfq2l96n79kev8 Then sent from from there to FixedFloat https://ff.io to swap for another asset The FixedFloat hot wallet deposit address: https://mempool.space/address/bc1qns9f7yfx3ry9lj6yz7c9er0vwa0ye2eklpzqfw

Steezy_Steve1990

That’s not the point. The point is economics 101, supply and demand. It’s the scarcity of something that gives it value. No more BTC will be created while fiat currencies will continue to be printed to oblivion which causes devaluation of the dollar and inflation. That alone rises the price of BTC. It’s been the best performing asset in the past decade for a reason and it’s just starting. Stop thinking short term and start thinking in decades.

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systematicgoo

BTC = big throbbing cock

thebuders

Pretty much every state has reserves, pensions funds, etc. Those funds are invested in various things. The only thing that happened is Texas put a rather token amount of money of their reserves into BTC.

Aggravating_King1473

Your friend kept 1.6 BTC on an exchange?

DryMyBottom

they should teach their students about BTC instead, if they fare about their future

Jealous-Media-664

SOL barely nudges to $133 and the meme sector goes vertical—classic liquidity behavior. That BONK swap alone probably spooked a lot of sidelined traders back in. If you’re actively moving capital around right now, BYDFi’s year-end fiat exclusive with rebates is a decent perk, and they’ve also got that lucky wheel event with BTC and XAUT prizes running. Small edges matter more during volatile phases like this.

enivid

There is no 'better' here because the risk profiles differ significantly: Kalshi bet: You risk your entire $50 for a chance to win $116.27. That's 2.33 risk-to-reward ratio and, depending on how you estimate the chances of BTC actually reaching $100K this year, is a rather risky bet. Buying BTC: Your downside risk is limited by whatever the BTC price may go down this year - it's highly unlikely that you lose all $50 (BTC has to go down to zero for that). Your upside is limited by the price difference though. So, to turn your investment into the same $116.27 as with Kalshi, you'd need the BTC/USD price go $209,700 (considering the current price of \~$90,000).

DungeonsAndDragsters

I see it as a means to take current fiat, and let the BTC make me a lot more fiat. What do I mean by that? If I have BTC now, and ten years from now I have a million dollars worth, I have beaten inflation. I can either spend the BTC or the dollars as needed. I think modern money is going to continue existing for a while. BTC is a way to stay ahead of inevitable inflation.

no1particulr

Diversify my portfolio…i have a investment account where I do the stock picking and a 401k and daily DCA with BTC.

Xiximaro

I do it for BTC and ETH... He didn't said what he buys...

Wastedyouth86

Sorry but its not. BTC is manipulated it has not organically grown to these values. The liquidity is no there if you some how held on and have $100,000,000 worth you wouldn’t be able to sell it at that value

KeleneJohnson14

Recently I have been seeing more talks about memes than $BTC lol. I see a lot of talk on memes on #GalaPump especially $GONA $TULPA & $CHIQUITA

PapiMak

I have no confidence in keeping my savings in fiat, so I think I am safer storing its value in BTC.

quintavious_danilo

They still can and they still do. As long as mnav is >1 they keep buying BTC and they did just buy a massive amount of 10k BTC last week

DryMyBottom

MEXC ha a zero trading fee on BTC and several other assets. it is shady af, but I have never had problems... I probably wouldn't trust it with large amounts tho

Signal-Accountant-33

I guess if you define early as "most people still don't know about it" sure, but imagine buying BTC when it cost $10 and not $68k lol.

Fabulous-Wasabi-9358

Thanks. Totally agree. I have become aware of the risks losing about $10k in total. I think it's a reasonable cost of learning. I have learnt that there are shitcoins and then there are very shitty coins. Zcash is in the 2nd category. Only ETH and SOL are the real shitcoins. It's BTC and to a lesser extent ETH for long term investment for me. I suspected that investing in Strategy stocks is probably not much better than playing crypto..that's why I was looking for opinions.

Azatis-

Well with so much BTC stacked from US institutions and presidents involvement is no surprise

angelwolf71885

Retirement it’s the only asset that is truly ever appreciating in value while the 401k IRA Money Market accounts only ever gain in a good economy and can take huge hits in recession and ever growing printing of money some day i can use my BTC to retire

SmokinOil

I recently recovered a wallet from 2019 there was 890$ last time I had access to it, now at the time of this post there is 8.5-8.6k. It’s a way to get out from under the central banking system. Huge investment firms are buying BTC, black rock for example. It’s no longer viewed as some illegitimate asset. I buy BTC because I have made a shit load of money off it and I’m a dumb dumb, and I want to see the central banking system fall.

Kie_ra

If anyone's asking you anything regarding BTC, too many people know you own some. IMO any number above 1 is too many people knowing 

MrsCryptoNerd

BTC being “boring” is honestly bullish long-term. Stability is what gives it real staying power.

DryMyBottom

BTC, there’s no second best

Slimmanoman

> It's volatile in fiat but fiat is volatile in BTC so you could argue either way. Yeah but you get paid and spend in fiat, the two aren't équivalent at the moment

ScaredElevator7151

Do you think BTC will go $100k this year?

ah-hum

Whatever you want. Dollars, euros, alt coins, cars... BTC is highly tradeable and global

dmx442

In since 2017 and not made a killing by just buying BTC? - Check Calls crypto "investing" - check Is highly emotional and angry at the crypto - check Nevertheless Still gives advice for something he failed at - check

MilselimX

https://preview.redd.it/9yg8l0a2vb6g1.jpeg?width=1284&format=pjpg&auto=webp&s=a1a2d4b754a0bf12dd8684d0d0e1bcc389f28703 ETH/BTC looks fucking awesome for ETH. Time to go up

chain_thinker7

True, most people don’t fail in crypto because crypto’s bad. They fail because they treat it like a gamble, not a tool. I used to bounce from one hot coin to another. Then I started seeing BTC (and crypto generally) the way I see investments, with strategy, patience, and balance. A part of my holdings now works: some I trade, while others I stake or yield-farm (via Money Protocol and Intrinsic). You don’t have to catch the top or bottom to do well. You need consistency + smart moves.

djejjeff

I think it will take a long time until MSTR trade at significant premiums again, even if BTC v goes up, which I believe will happen...

Pkrinv

Most people are not true believers.  Imagine if BTC didn’t appreciate, how many people would believe in it being a better currency and buy it just because they believe it’s a better currency than other major currencies like usd or pounds.  The amount of people I know who are true believers who make all their purchases in BTC and only support stores that accept BTC are basically none.  Almost everyone I know who has BTC has it for the purpose of making money. 

Pkrinv

Bitcoin 100% can be taken form you by force unless you’re willing to endure torture and death to not give up your seed and then you’ll be dead and it of no use anyway. People get kidnapped for their BTC.  If anything I’d say it’s easier to take BTC by force and it be less traceable than someone walking you into a bank and telling you to withdraw a million in cash ( which we know how hard it is to walk in and get even 50k in cash) or do an ach push that is totally untraceable. Not saying BTC is bad for that reason. But someone can 100% take it by force. 

No_Hour6830

Many reasons. I'm a Bitcoin noob but here's why: 1. Financial Sovereignty. I *really* like the idea of having 100% complete control of a portion of my assets. No restrictions on when, how, why, what, or where I use my money. I am repulsed by the idea that the bank could decide to not let me use my own money for any reason at all. The alternatives (huge piles of cash, precious metals) are far less secure and far less portable. 2. Fiscal deficits/national debt, monetary policy, and the invention of quantitative easing. I'm not necessarily a believer in Austrian economics but there are some merits. In 1980, US debt to GDP was 30% and now it's 120%--to be fair that was an extremely tight time for US monetary policy, but it was 50% in 1990 so the point stands. I'm not worried about a currency collapse, but we don't know what happens with debt to GDP levels this high over the long run. 3. Demographics/The Wealth Transfer. As Millennials and Gen Z inherit the wealth of boomers, I believe a significant portion of that will go into Bitcoin. So I believe that buying BTC today will yield very strong returns over the next 10-20 years. I think BTC could hit $1M in the next 10 years. 4. The technology and the story behind BTC is so beautiful and special. It's the most significant financial innovation in 300+ years and it happened in 2009(?) by an anonymous individual whose identity is still not confirmed? Even if BTC goes to zero, I want to know that I owned a piece of it. So it's a combination of utility, speculation (not inherently bad, gold is also a speculative asset), and an interest in the technology and cultural aspects of Bitcoin.

NewChallengers_

Yeah it's not like BTC that keeps breaking new records every few months

Patrick_Atsushi

A base of BTC and experimental frontier of ETH is enough.

AggravatingMajor4565

If you want something you can load directly from a non-KYC wallet, your options are a bit limited these days because most BTC→card services require at least some verification. The usual picks people mention are things like Bitrefill gift cards or using a BTC→USD off-ramp that lets you top-up a prepaid card. That said, you might want to keep an eye on XSPA’s upcoming crypto card. They’ve been building it specifically with easy on-chain funding in mind, so it could be a solid option for travellers who want to spend their crypto without jumping through too many hoops. It’s not live yet, but worth watching if you’re planning ahead for your trip later this year.

HalcyoNighT

Who cares about this mumbo jumbo? If you zoom out and see the year to date, ETH fell 6% since the start of the year, same as BTC

faita14

I’m interested in AlexOCrypto if you can track that. I actually trade in my own but have been following his BTC and Sol scalp trades and have been crushing for months.

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xomox2012

Yeah, BTC pretty much already solves the biggest issue with currency we were facing. Sure there are absolutely use cases for tokenization and smart contracts but the market right now is absolutely flooded with crap trying to be the next big pump without any reason. Lipstick on a pig… Crypto isn’t the problem, greed is.

VariatCA

ETF inflows were green for both ETH at +$177M and for BTC at +$152M today. It was positive inflows across the board for the biggest Ethereum ETF's, and only Blackrock doing the selling of -$132M in Bitcoin while the rest of the ETF's purchased +$287M worth. Bitcoin has now had about +$312M in ETF inflows since November 20th, while ETH has had +$512M in inflows since then. We're starting to see very clear signs of a momentum reversal for Retail entering into BTC/ETH ETF's at a positive rate.

5lipperySausage

Exactly people are quick to call out BTC as an MLM/Ponzi and backed by nothing.  People really should look at the fractional reserve banking they rely on so much. Government issued currency is just modern slavery.

slash_networkboy

Mine too :) But I think that the BTC value was pretty good IMO. The day a Sat becomes a dollar... well by then a dollar will be relatively worthless. Look at the Yen as an example for what I think of a dollar that's one Sat.

PeopleNose

Up with BTC Down with Astrology rofl

levelup1by1

Good thinking. One year salary into BTC.

bigorangemachine

Man I am so frustrated with retirement plans.... I'm like... "They give you 3% and take 1% commission... you can buy the same BS index's they charge you an commission on" But my one friend like "BTC reflects the cocaine traffic in the world" meanwhile goldman sachs launders cartel money...

Seattleman1955

Most of the value of gold is as money. BTC is limited in supply, easy to move, can't be debased like the dollar. You can hold it yourself. You aren't going to hold much gold yourself and you can't exactly take it with you easily. You don't need it to be a currency. If you need to pay your rent, use dollars. If you want to preserve your purchasing power for years and years, buy Bitcoin.

malte_brigge

So... why has BTC been dipping every single time?

AlberGro

Ive been saying for a while that BTC is not rare at all, there’s not 21 millions BTC, there’s 2.1 quadrillion BTC, you put the comma wherever you want. Money devaluation, stock splits, this happens all the time, the only reason it hasnt happened yet to BTzc is because pseudo scarcity is the only branch those maxisonkeys are all hanging for dear life. So 2.1 Quadrillion, if we were to split that evenly, each human would get 300000 BTC. If you were to count from 2.1 quadrillion to zero it would takes you back to the dinausaures, 65 millions years ago. BTC is just the chip of the 24/7/365 casino, nothing more nothing less.

reliable35

Sold most of my Crypto & bought NVDA & PLTR. Made BTC’s gains this cycle look pathetic. Although still holding BTC & a few Alts - for shits & giggles.

TestNet777

Retirement accounts are either offer a self directed account or they don’t. If they don’t, you can’t buy MSTR. You might be able to buy a BTC ETF if the plan has it as a pre-selected fund. Most don’t but some do. If the plan does offer self directed then you can buy anything you want including BTC ETFs or MSTR. So, there is no version of 401k that you can buy MSTR but not BTC ETFs.

anonymoususernamegay

You place the bet and collect. Then when bitcoin dips you use the original $50 plus whatever you made on the bet to buy actual BTC. Timing the market > time in the market. Always

Spirited_Wolverine

Store of Value is all you need to know. How many folks have a Van Gough or Mona Lisa hanging in their living room? Owning BTC says to the world - I have something of unique value - if I want to trade my Mona Lisa for a Playboy Mansion...for a moment in time my currency is a store of value - or object of affection. The issue with waving dollar bills for a Playboy Mansion...those dollar bills have shown to be a TERRIBLE SOV over the last 100 yrs. ♤♤♤♤♤ Suppose Heff after one of has 7 day parties hung ovah says to you, doesnt want your Mona Lisa painting but says you can have my Playboy Mansion for what ever dollar amount Sotheby's can auction your Mona Lisa! They auctioned off your Mona for 27Million(think Crypto Exchange). Heff who is old school is so happy to have 27Mil(minus Sotheby's 10% comm) but the minute the 24.3Mill hit his bank acct it continues to depreciate...the dollar which is in infinite supply lacks the ability to be a positive Store of Value. ♧♧♧♧♧♧ One who has a unique limited supply store of value asset need not worry whether or not if its utility is currency. There is ALWAYS a Sotheby's out there that will Exchange your Store of Value(BTC) for whatever lesser SOV the other person desires. If Heff had been smart he would have simply accepted your Mona Lisa(one of the highest SOV assets in the world)! When the point of focus is SOV the option to choose any currency you would like...its simple a matter of conversion. ◇◇◇◇◇◇◇ Key takeaway: he who possesses the object with the greatest SOV has the most degrees of freedom to convert to the same or lesser store of value i.e. currency...which is usually more liquid but horrendous SOV.....the currency question is a non issue.

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Post is by: Gullible-Tale9114 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1pis6wp/ethereum_just_smashed_through_resistance_and/ [](https://www.reddit.com/r/CryptoCurrency/?f=flair_name%3A%22DISCUSSION%22)ETH managed to break above the $3,200 and $3,250 resistance levels that were holding it back. The price even pushed past $3,350 and touched a high of $3,396 before consolidating. Right now its trading above $3,200 and showing strong momentum with a bullish trendline forming around the $3,210 support level. The technical setup looks pretty solid. If ETH can break above the $3,380 resistance it could target $3,420 next and possibly even $3,500 to $3,550 in the near term. The momentum indicators are flipping bullish with the MACD gaining strength and RSI above 50 which usually signals more upside potential. Whats intresting is Ethereum is outperforming btc right now. While BTC struggles around $92k, ETH is showing relative strength which could mean we're seeing a rotation into alts or specifically into Ethereum based on fundamentals or technical breakouts. However theres still risk here. If ETH fails to clear the $3,380 level it could pull back to support at $3,250 or even $3,210. A break below $3,210 would be concerning and might send it back toward $3,150 or lower. The consolidation after the initial pump is actually healthy. It shows buyers are absorbing supply at these levels rather than just a quick pump and dump. The question is whether buyers have enough strength to push through the next resistance zone. ETH dominance has also been ticking up on the charts lately, which kind of supports the idea of a short term momentum shift away from Bitcoin, at least for now. *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.*

OhhhhBillly

.001 BTC

Other_Importance249

Wow. As of today 0.001 BTC is worth 79.5 EUR. I'd say BTC is already a resounding success.

OhhhhBillly

832,812 addresses hold 1-10 bitcoin, if you divide that into 4 then that means approx. 208,203 people hold 2.5 BTC. Who know how many of those people are actually on [bitcointalk.org](http://bitcointalk.org) or r/bitcoin, but I would imagine a lot of them are here.

M30MM100

Can you tell me what the price of BTC will be eoy?

stellarfirefly

The exact number is just a function of the starting reward level (50 BTC) and the granularity (100M sats/BTC). It is the approximate number of BTC that will end up existing once the halving reaches a point that one more halving will round to less than 1 sat, or something along those lines. I think the actual final number ended up being something like 20M minus 0.12 or thereabouts.

mjk1093

Those fees were a big turnoff for a lot of people, me included. In fact I sold almost all my ETH for BTC when I saw how high they were.

Proof_Resolve_602

Imagine he puts a million BTC into a wallet and deletes the private keys when he dies lol

Otherwise-Finding337

BTC doesn't close, fool.

nugymmer

Everything is fucking shit compared to BTC

Ghola_Mentat

Why IBIT? BTC (the Grayscale ETF) has the lowest fees.

nugymmer

Like most alts? Did you become a BTC maxi and learn that hardest of lessons? 

Knight925

Nice, thank you! This somewhat explains at least why he has chosen several million, with one consisting out of many fractions. So 21 million because if each one is worth 1 Dollar, it could work in a niche, as 21 million objects is enough for a bubble to use it. 100.000.000 because it is a lot of zeros and would still work with "ridiculous" prices like 100K Dollar pers BTC \*caugh caugh\* (: The amount of Satoshis still seems really random. Could just be 3 zeros more? Also 21 million could easily be 10 million, 42 million or 84 million without changing much. Do we have more information or is it just coincidence?

VariatCA

Highest 12-hour period of long/short volume since November 20-21st, starting around U.S. market open. In that time, they were basically completely balanced in volume, while BTC rose as much as +$4,500 and is still up $2,000 in that time. https://imgur.com/a/n5ZAReL There was some heavy-duty buying going on today, and still absolutely **relentless** short pressure that still doesn't want to give an inch.