BTC

thesnowman_

I actually use it quite a bit for second hand purchases in Japan. I sell old clothes, kids' sports gear, electronics, and other things on Mercari Japan, convert the Mercari balance to Bitcoin on their exchange, and then use that BTC to buy more stuff. It's a nice circular economy, turn things I no longer need into Bitcoin, then spend that Bitcoin on things I do need when it's up.

Blockchainauditor

I’m intrigued; why do you find WHAT people purchase as interesting as why they use BTC for purchases? Posts to this subreddit are probably not representative of those who choose to transact in BTC as much as possible; usually it is someone who is unfamiliar with BTC that needs to acquire some quickly to transact with a vendor who only accepts BTC or cryptocurrencies for “reasons”.

DV_Zero_One

I wasn't in that early unfortunately, but the obselete desktop PC I have gathering dust in a spare room cost me 7 BTC.

Friendly_Cycle2472

Só gastei meus BTC uma vez na vida. Para dar entrada no meu imóvel. Desde então, só a acumular, toda semana faço meu DCA.

thinkingperson

> I convinced him to let me invest the other ₹5L in crypto. BTC was around $110K, I figured it would keep climbing You conned your dad into believing that you are investing his money when what you did is gamble it away after that. Investing in btc is one thing, what you did is another thing altogether.

T4ZR

Yep. I bought Bitcoin back in the days to buy funny things on on Silk Road and BM. I ended up leaving 26 BTC in a tumbler, planning to use it later, but never got around to it. Eventually I forgot it even existed. More than a decade later I stumbled across that same tumbler again on the dark web, but by then I couldn't remember any of my login credentials. Later that same year the feds shut the service down, and it turned out they had seized an absolutely insane amount of Bitcoin..worth over $600 million at the time. Those 26 BTC are sitting in that pile now lol

nunchyadrup

BTC for sure, as everyone says here, but i also believe in XMR and SOL future

marshallxfogtown

Tons. My last singular purchase on SR was for 616 BTC. Ouch.

blaziken8x

Start by telling them the truth. It doesn't seem like you'll be able pay it off. Unfortunately they lost their money, by investing it with a fucking degenerate gambler Realistically, had you just left it alone for 5 years, BTC will probably be worth more than 110k USD by that point. You're in a gambling mentality, where you're thinking how can I make the money back to break even, this mentality usually puts gamblers in a deeper hole or more debt. Your dad is double fucked, because the money was borrowed, did it come from another family member? They might have to eat the loss as well.

ReloadFilth_AU

Had 37 BTC and spent it on pills from the dark web. Never got the pills. Lost the BTC. 🥲

IllllIIlIllIllllIlll

You didn't spend $20 millions, no. You spent 300 bucks. I'm tired of this line of reasoning. It's like people who brag because they mined 50 BTC in 2010, but threw away the laptop. They didn't throw away 3 millions. They threw away a few cents. They obviously didn't believe in Bitcoin. They could have easily bought back the 50 BTC at any point in the next 4 years, but they didn't.

criminalmadman

Yes. 13 BTC. 13!!!!!!

tenor_tymir

I tried to buy Viagra online with BTC back in the day but gave up eventually because I couldn’t get it up and running. 🤓

Quirky-Reveal-1669

I waited to 2014 to buy my first BTC. And no Silk Road for me.

DRAGULA85

I’m surprised there are whales are in this subreddit, I’m not asking you to disclose But one would assume you’d have 4 digits worth of BTC

trimalcus

If you want to use crypto you have to make concession. Having to bridge from BTC and swap from time to time is a necessary evil in my opinion

tenor_tymir

Can you still trade on MEXC without verification? I have an account but now whatever I do they ask for verification. I guess they have to comply with MICA now. I used to buy BTC all the time without KYC, not possible anymore.

Longjumping-Pop7512

Also many newbies miss it but you will get liquidated with only 12% movement against your bet in most exchanges with 5x. 12% crypto fluctuations is a drop in the ocean even with BTC and ETH. 

jawanda

You can. You wont own the actual crypto, just a contract, but there's nothing stopping you. Go to hyperliquid or such and have at it, buy BTC at 20x leverage. As the other guy said you'll want to pay attention to the Funding rate, but this may prove negligible if your timing is good. People do it all the time.

KitchenPreference287

Easy to say $16k... but would you actually buy if it got there? 😅 I'd be loading up and adding more to my BTC staking position.

KitchenPreference287

Nice! Buying the dips instead of stressing over them is a lot easier once you've been through a few cycles. Just curious, are you staking any of your BTC too, or just stacking and holding?

Miz4r_

I'll take that bet against you. Nothing is guaranteed, but the odds that BTC will reach 180k in the future are very high.

Miz4r_

BTC can be tracked too and it's going to be hard to cash out that much while staying anonymous. I would probably target a privacy coin to hack or something else entirely that's much easier to cash out without raising the alarms causing all systems to upgrade to quantum proof protocols.

JayraldAnderson

Buy BTC

coinluv

I DCA so I've bought bitcoin at every price. I was hoping to see 1 million dollar BTC but now I will be happy with $250k BTC.

bananabastard

If it were successful, it would completely destroy BTC. BTC is still valuable, so no, it wasn't successful and never will be.

Objective_Young_1384

This isn't about a bear market; it's about the behavior of the ENTIRE market (not just BTC or the cryptocurrency market), because, in fact, it's a matter of PRICE behavior.

PeaceAgitated1978

If I had 10k , I'll be borrowing 30k and using the first 10 to pay for the interests for the first 2 years while I got 30k of MSTR growing "for free" during the next 2 years of bull market on BTC.. only, riding the amplifier that is MSTR 🤷🤣 you should all do the same.. even if I ain't have that 10k to pay the interest for what I'll be borrowing. I'll still borrow money for what is responsible and easily repaid since I got used to the minimalist lifestyle and make way more than what I spend so free cashflow to pay interest with .

mattimeoo

Because people who knew of/had BTC at cheap prices suddenly lose the ability to post words in cyber space. It didn't even have a real price for a couple years, people played with it like a toy, sending and receiving and being like "wow, cool, nice, it works."  I got to do that, and I still use the internet.  Every single day actually, very shocking.

KylseS

Would I still have to give them my details to open a wallet or deposit money to buy BTC?

SkyEnvironmental7746

I wouldn’t say Flare will outperform BTC. I would say Flare has more upside potential because of its small market cap. Flare’s current price is $0.006. My average buy price is $0.0093. From constant buying I’m catching up to Flare’s All time low currently. Once FBTC launches on Flare I see Flare hitting $0.15-$0.30 by 2028-2030. Which means I’m a multi-millionaire with Flare alone. and a conservative $0.15-$0.30 is totally possible. Not hopium or delusion like $0.50-$1 dollar. So at $0.0093 I recoup or break even. For every penny Flare moves after that I make $100K+ in profit. All while it’s currently paying me $6K-$7K a year from staking.

Lina-Inverse

more often than not, projects **dump** while BTC isn't doing much.

TheMaharishiEffect

So what's your thesis? Why do you think Flare will out perform BTC? Or is your investment thesis based on number go up hopium?

Blockchainauditor

I have no intention to try to convince you that Bitcoin is close to what it was supposed to be. But your using a financial institution and complaining that the rules of financial institutions make BTC a scam are what concerns me.

Party-Put-280

Understand the 4 year BTC cycles, it will help tailor your expectations to the market.

Brrgyy689

Pay for proton/tutamail from a hot wallet. Secure long term savings on your trezor. Use hodlhodl, or use cash at a non-kyc Bitcoin ATM.  You can also create a new wallet by adding a passphrase to your trezor and using something with coinjoin like wasabi wallet to increase privacy and tracking of your coins. BTC Sessions has good vids on all this

longonbtc

No, Bisq only takes a 0.15% taker fee (if it's paid in BTC) and a 1.15% taker fee (if it's paid in BTC). And each individual bitcoin seller on Bisq also sets their own fee that they charge. Here's the trading fees page on Bisq Wiki: https://bisq.wiki/Trading_fees

Cute_Complaint_850

you're basically paying a fee to have someone else manage your upside in exchange for steady income. during a real bull run those covered calls will cap your gains while you're watching bitcoin do 5x and your fund does 2x. the yield looks great until it doesn't, which is exactly when you want to be holding the most bitcoin. if you want dividends just hold regular BTC and sell when you need cash instead of locking yourself into a structure designed to clip your wings

MAGIGS

I never said anonymous, but I can walk on a plane with access to a million in bitcoin but if I walk on a plane with 10k in cash, I’m gonna get stopped at customs. I’m also not smuggling drugs so my BTC is clean and currently safe. I can’t say the same about transporting that kind of cash around with me.

DiamondHandsDarrell

I would only trust a big exchange. Anyone who is known for little to no customer service, such as PayPal, I would not use ever. Just my BTC 0.000002

Jogi1811

Black Friday sales are on for BTC!

Noob_Pro18

I read on Reddit that Claude AI helps recover BTC. Maybe it will help to give a hint. May try, but don't trust any person who DM's and asks for the phrase. Good luck.

callebbb

How do you know he has a wallet with 1 BTC in it? If you have the wallet, you don’t need the seed. The wallet stores the private keys to move the bitcoin, so you can simply move the Bitcoin wherever you want with the wallet you found.

Useful_Calendar_6274

that money is gone forever. that's how this works. too bad he put so much in BTC with no testament or anything, nothing to be done

Abject-Stretch-1187

Fully capitalized? What are you smoking? There are multiple companies with a bigger marketcap than BTC and two commodities many multiples of BTC yet BTC is fully capitalized? Smh 

satoshi1022

I mean, you can pay with BTC in many places for a wide range of things my dude. It's literally all over the place, above board, and instant. Just because your head is so far up your ass with bad gambling trades, don't act like it doesn't exist. Idk why I'm picking on you but the whole 'scene', these subs, etc are full of 2020+ stock market loser bros and it's a shame.

quintavious_danilo

Now you wait (and buy more on red days). I would suggest switching to BTC though, it’s safer.

HamEggandDips

I joined Stratiphy specifically to buy a BTC ETN within the IFISA. Just so you know, if you ever wanted to transfer funds from an IFISA to another broker, not all companies will accept it. Its something I only just discovered and wish I knew earlier

ov3rw4tch_

Nothing we can do. Anyone who says otherwise is a scammer. Just continue navigating life as if that BTC will never be accessible cause it’s not.

Logical_driver_42

BTC was way cheaper back then and people bought and sold drugs with it all the time in 2015-2020 range he could’ve had way more BTC at way cheaper

Mocha2055

Do not share the password with anyone, I. Sure this has been said million time i havent read the responses. Id some how you can find a way to get by you shoukd not cash that in. 3 years halving thats gonna be worth about 200k. Do yourself a favor go back amd look at BTC chart and educate yourself upon crypto in general but more importantly look at the 4 year cycle. And whatever you do dont venture I to alt coins

PeaceAgitated1978

Actually smart money would not think that comment is a smart one 🤔🤣🤷 the reals Rich's.. they don't pay taxes on cap Gains. Why should they? 🤣 On gold for centuries.. now on BTC. The asset, when it is really one and a hard one. A value refuge against debasement of currencies. And inflation at all.. That asset, he never need to be sold. There's a class of assets that the Rich's are using to never sell. And therefore declare capital gains taxes.. choose that one. Generational wealth is built on it and nothing else in the long run stay in their portfolio. But yeah.. let's assume you ain't rich yet and still need some cash to spend at the very moment RN. It exists many ways to hop around to not sell yours assets and still get that cash RN. And spoilers, both of the 2 most common involve intelligent debt as a tool. Since debt money is never taxed. And will never be. Write me in DM if you really want to talk about it and learn. But anyways, no need to DM I'm sure most of you all can figure it out by yourself.

thelonghand

How are we valuing BTC? Everyone in here is using fiat USD as their metric. 1 BTC = 1 BTC I don’t get why people worry about what it’s priced at in fiat when widespread adoption is inevitable.

quintavious_danilo

Wtf? BTC is an electronic cash system. It has taught me absolutely nothing.

el_rico_pavo_real

lol Nothing easy about having your net worth in BTC long term. Take it from me. BUT IM STILL STACKING BABY! RIDE THE LIGHTNING

gordonfr_

Could have been rich several times now but prefers holding BTC instead. Peak usage of AI by the way.

jstsomedev

While in the same breath talking about the reliability of BTC cycles lol

injectionsiteredness

I started buying the PayPal app, but once I realized fees were lower on most exchanges like River I switched over quickly. For me it was just a gateway for me to get comfortable buying. I keep my BTC in cold storage.

Distinct-Piglet1210

Not for certain but I doubt someone with an addiction, I imagine drugs, would be able to not have sold the BTC to cover his addiction.

ShittingOutPosts

Don’t let a theoretical concept scare you. Plus, if quantum computing is achieved one day at the level needed to break BTC, you’ll have much greater problems to worry about.

_LakeCity_

Check the lifetime price chart of any Altcoin that's at least five years old on its BTC ratio. That'll give you your answer - it's Bitcoin and Bitcoin only.

BestialitySurprise

You can have even more BTC if you sell the obvious highs.

notasmilo

Me and my Claude subscription Btw previously , after such videos (events), BTC would pump like crazy

BrokenHefaistos

Hmnn, did you think about the fact that overthrowing the ruling class is not going to happen with BTC, they just hop in and play the games they are good at, or make it illegal to own a cold wallet. 😉

WhatsTheStoryMG_1995

I’m about 50-50 MSTR for tax and BTC for bitcoin, tbh if I could go back I’d have just gone 100% strategy for ISA,

ekfah

Agree, this sub is out of hand. If i were new to BTC and came to this sub, i wouldn't take this seriously.

mallenby1

Watch a couple hundred videos on BTC and air gapped cold wallets. Buy $100.00 worth and start moving it around until you understand it. ColdcardQ is a very good wallet . Use a password… ie a 25th word that you CAN REMEMBER and never write that word down anywhere. Buy it all now and sit on it for a decade or longer if you have the time.

CompetitionDouble420

You MUST DYOR first to understand Bitcoin - what it TRULY is, how it TRULY works - before deciding if it's the right investment for you. It's still in its toddler years in terms of maturity; it can be extremely volatile and super risky. Do not enter unless this is at least a decade-long play for you. That said, if you do all this and decide you are still interested in deploying capital in BTC, THEN begin to research self-custody (using a cold wallet to authorize transactions). Get yourself a cold wallet, like Ledger or Trezor products (from their official web sites, DO NOT USE GOOGLE SPONSORED ADS); I can't speak for Trezor, but Ledger wallets have a companion desktop app you can use to purchase cryptocurrencies directly.

sobasicallyimanowl

Check to see if Fidelity lets you withdraw the BTC to a separate wallet if you ever wanna do that. If you don't mind it being tied to Fidelity and non-withdrawable then you can go ahead with them. There are other options like Coinbase, Kraken, Binance US, Uphold, etc. but keep in mind some of them will want you to link your bank with a third party application before you can make a purchase or sell. Most other options will ask you to provide ID so if you don't want to do that and have already established with Fidelity then that would be another plus for Fidelity. Btw idk if they sell pure coins or if only ETF tied to BTC.

Money_Ask2726

For sure, didn't mean to imply im not, just talking about the BTC portion

Forded_Fiction24

Most here on this sub are very resistant to the idea despite the huge tax savings. If BTC were to go to $5 million a coin let's say then the cost of paranoia at that point would total greater than $1 million. I find the risk associated with institutionally held ETF's worth that kind of money to at least contribute partially to one. While the paranoia in me, persuades me to simultaneously hold a healthy portion in in Cold storage.  I think the easiest play here is do both and then your risk is mitigated and your potential reward is greater

sha256btc21ml

Saylor is selling to buy more BTC, which is clearly evident from recent sell vs buy numbers smart guy determined to play long game …

caccamo88

for me 1. And after selling, where should I invest? Which other asset is better? 2. timing the market is impossible, BTC could continue to raise forever as soon you have sold 3. tax, at every sale event

Wizzard_2025

Just to say, the BTC doesn't automatically move to you. It's not yours, even if you do recover it.

No_Bunch_6707

I went to the 2026 BTC conference and met a woman (I lost her business card) who works for a company that specializes in digital asset recovery. Worth giving them a call, of course recovery comes with a fee so you should ask what they could do for your particular situation and for what cost. Here is their website - www.unciphered.com; I’d give these guys call if I was in your shoes.

GoElastic

what are the chances this guy would have posted anything if BTC is at 200k$ now?

Huge-Discussion-9507

Bought 3 BTC at $3,800 in 2019 and don’t feel a need to sell anytime soon

ElderMight

Ouch. How much are you down in ETH/BTC?

cool-lala

I am not even if bubble burst with Claude ipo or OpenAI ipo money has to go somewhere I think that is bull case for BTC to 600k

autoencoder1

Yup ! That’s the way … I bought at $250 but sold too early in 3ks then it ran to 10k .. then dropped to 3.5 then I bought again and sold at 10k !!! And never saw those levels again .. this train will leave 60s station permanently at some point and will only accelerate beyond last ATH and clock another ATH … remember the supply is constrained and less than 5% of the world own BTC ! … if it goes to 10% the price will go exponentially up not linear 2x but multi X

Foreigntragedy

Making so much money shorting this fucking trash. BTC going back under 60k by tomorrow

Massive_Pain_6677

BTC and other cryptocurrencies are just gambling. "Where will my slot machine be at in 2040" would be another apt question.

Ok-Win1261

For what it's worth I'm really sorry to hear that your BTC was stolen from you.

bambil00

Importing the same seed phrase into BlueWallet does not make the wallet more secure. Both apps would control the exact same private keys, so any previous exposure or compromise would still carry over. the cleaner approach is to create a completely new wallet in BlueWallet, write the new seed phrase down offline, verify the receiving address, and send the BTC from Trust Wallet to it. Do a small test transaction first, then transfer the remainder after confirming it arrived. Also, never enter your seed phrase into a website or share it through DMs. Anyone asking for it is trying to steal your funds. For a significant amount of Bitcoin, consider moving to a reputable hardware walled rather than keeping it in a phone wallet long term.

Gr8WallofChinatown

1. Illegal 2. Throwing one thread into BTC mining is a lottery

crunchyeyeball

I've maxed out my ISA allowance for this tax year, so I'll re-assess in April. Hopefully there will be more IFISA providers by then, since I'm not familiar with Stratiphy. I'm just annoyed that we now have to use an IFISA instead of a regular S&S ISA. I've got some BTC "proxies" in my S&S ISA and obviously BTC itself in self-custody, but ideally I'd love to hold something like [WXBT](https://www.ii.co.uk/etfs/wisdomtree-physical-bitcoin-gbp/LSE:WXBT) in a S&S ISA.

GuitarAlternative336

I have also found $300 - $500 per month to be a sweet spot, really just investing the months leftovers which vary month to month. Small enough that you don't miss it, it works out to be a very small % of my overall investment portfolio so I don't mind the risk / volatility. I only have 0.1BTC after a year or so, if it all went to zero then I'd consider it part of the risk .. if it goes 10x then I won't complain

emma-Jh

You've already done what most people couldn't: you had conviction when it was deeply uncomfortable, and more importantly, you managed the debt responsibly instead of letting it manage you I actually think the past five years have been widely misunderstood. BTC wasn't simply moving from one bull market to the next—it was evolving from a speculative retail trade into a global macro asset. Transformations like that are usually slow, frustrating, and far less exciting than most people expect I also think institutional adoption did happen—it just didn't happen in the dramatic way many people imagined. Instead of sending prices straight up overnight, it gradually made BTC an asset that governments, pension funds, asset managers, and corporate treasuries can legitimately allocate to. To me, that's a far more important milestone than any single price target Diversifying into equities now also makes perfect sense. Different asset classes have different jobs, and expecting one asset to do everything is rarely the best strategy That said, if I had to guess what you'll appreciate most three years from now, I still think those 5 BTC have a very good chance of being the most valuable part of your portfolio—not because they're guaranteed to outperform, but because the market usually takes much longer to fully recognize truly scarce assets than most investors expect

Low_Badger_9430

BTC getting promoted to everyone = going to 10k ish. (screenshot this)

so7ow

I don't use Trust Wallet so I can't really speculate. Some sort of malfunction/failure? If all your BTC ended up in Blue, maybe all's well that ends well?

Important_Neck_2122

I’ve been purchasing $500 of BTC weekly since 2022. I have a weekly withdrawal from Coinbase setup and move it monthly to my cold wallet. It’s adding up!!

Mr_Eckert

"When I get older, I will be stronger. They'll call me Freedom. Just like a wavin' flag."- BTC

TechnicalLeg841

Stock market is performing so much better than BTC over an extended period. Even if folks think BTC might appreciate, if the S&P 500 will do it faster then everybody's off the BTC bandwagon.

50sat

> If not, what would stop you? Running a private lottery is illegal AF. Almost anywhere in the world. I did it anyways in 2014 for a while. Call it a raffle, all the tokens were shite L1 BTC clones anyways. It was fun for a minute but participation is highly subject to the risk on/off cycles of the tokens you're using. Last year I was in a protocol that called itself a lottery, stake for prizes every week, etc... and I came out ahead after about 4 months but it involved being early adopter with a massive stake in a weighted 'draw' system. Anyways this is trivial to create. You can only be so 'fair' in the EVM and people accept that. The reason it doesn't exist everywhere is because if you don't build something to hide the fact that it's run as a lottery you're going to jail when you make any real money. Based on local laws, your mileage may vary.

Important_Neck_2122

In a few years when BTC is $250k, you look back and say it was worth the wait!

ProfsrGabriel

I'd probably go with actual BTC. Even if you don't care much about self-custody today, it gives you more options later. Native staking is a good example of something an ETF can't offer.

breovus

But mercury is in ascendancy then or some shit and my organic tea leaves say you're full of baloney. My technical analysis if I draw the lines the way I want them to say it's actually going down to $10/BTC sucker! /s I think both our statements are of equal likelihood. Let's wait and see what happens.

Majestic_Ebb9783

I think Bitcoin will still be the strongest store of value, but I also expect it to become much more productive. Long-term holders will probably have more ways to use their BTC without giving up control of it. I'm curious to see how approaches like TBVs evolve over the next decade.

Gears6

Clearly I got some BTC (and other crypto), so I'm a believer or at the very least, believe it ain't going nowhere but up in the future. However, I'm not one to put my head in the sand and not consider risks.

Kwbneddit

I’ve bought BTC there bc of the low fees (.65% in and out. That’s lower than river & strike). I’m not sold on multi sig personally. At this stage of life (no kids but have a fiancee) I’m not pressed to do that model of custody. You can withdraw to cold storage but they’ll ask to verify you identity beforehand since they’re are 2-3 keys