BTC

Fritzbox5000

Isn't that the core message of Bitcoin in the first place? Being self-custodial with no third parties involved? When I buyed Bitcoin from an exchange, I always stored it into my cold wallet immediately. I've neve left my BTC on the exchange for more than one day. Now, I set up an Umbrel node with Bitcoin Core and Lightning with the intention to buy them P2P with more independence and security. Long story short: Not your seed, not your coin.

omni_wisdumb

Too bought a "lot of BTC" down at $75k? Dang how many BTC? 30-100+ ?

tomalamak

Impossible.  There are only two ways to store value: USD and BTC. No other asset classes exist. 

Different_Ice_6975

Nah. Look at a 1 year graph of the price of BTC. This is just another blip about the same size of many other blips and dips that have occurred throughout the past year. You’re just trying to read too much into this magnified picture of a tiny 1.5 hour interval.

Patrick_Atsushi

My possibility unpopular view: 1. Trump coin is not corruption, it’s a non-illegal unethical trap that most politicians will avoid. 2. The GOP loss in congress has limited relations with this “corruption” but mostly about war and living costs. 3. The most important issues for crypto is still thieving and custody. Another issue for BTC is the quantum attack, but totally solvable if old wallets are dropped. However we might have seen the bottom for this round and I won’t be surprised if it goes higher again.

PrintDoErro

Regulation only affects those who don't really understand BTC and think the only way to buy and sell it is through an exchange. For those who buy and sell peer-to-peer (P2P), nothing changes. As for whether big banks and institutional investors will pay more or less taxes to hold the fake BTC that ETFs and other financial instruments offer them, I couldn't care less.

HSuke

BTC +4% Alts: 3-8%

Elean0rZ

Sylvain ("In Bitcoin We Trust" dude and mega BTC-maximalist) has been pumping out this kind of stuff every week for years, even before AI became the buzzword it is now. Either he was a *really* early adopter or he's just like this. Maybe both haha.

bumpgrind

Might be safer, might be literally giving away your crypto. This is a huge issue and why crypto won't ever be mainstream. Just a few of the cold storage compromises this year, and I'm sure there's much more: \- Ledger via CryptoBilis (Oct 2026). Supply chain implant harvesting seed phrases. Loss: \~$86M - $102M. \- Keystone Root Key (Oct 2026). Attestation private key theft enabling undetectable rogue hardware clones. Loss: \~$9.4M (18k+ devices recalled). \- Coldcard RNG Flaw (Jul - Aug 2026). Broken firmware entropy fell back to weak pseudo-random generation, allowing remote brute-forcing. Loss: \~1,816 BTC / \~$116M - $130M. \- Trezor / ShipMonk Breach (Aug 2026). Third-party logistics SQL exploit leaked 14k+ customer records for targeted SIM swaps & postal hardware swaps. Loss: Unspecified / targeted social engineering. The last one is the scariest of all because it shows the onslaught of cold wallet attacks that are incoming and Trezor isn't the only one that's exposed to this; they're all being targeted each and every day, all day by tens of thousands of sophisticated hackers worldwide, many of which are government-funded by countries like North Korea. This is going to get much, much worse...

GEB82

BTC has been deemed a commodity…everything else..

XyaThir

Extinction lol my ass Watch hyperliquid over the next years. ROI will be much better than BTC which can maybe make a x10 again but not more

Unlock_Pulse

Politics aside, a lot of altcoin underperformance vs BTC is just supply. Many alts have big chunks of tokens still locked, and when an unlock is large relative to what's already circulating, they tend to lag BTC in the week before it. That pressure exists no matter who controls Congress.

phonaticc

Never have to sell everything, it shows how people are all in or all out. Just go to the casino atp, I love BTC

Volgrand

"Bitcoin wins" BTC ups 1% the last 24h Me: *thumbs up*

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GEB82

Betonline( requires kyc) can deposit/withdraw BTC Coinpoker (no kyc) but, may be required for larger deposits/withdrawals. Can deposit BTC but can only withdraw to polygon/eth

MaxiMaxLaurent

There are both bullish and bearish things about this election result. Objectively there’s pros and cons on both sides. So it’s a bit of a toss up for BTC. But for alt coins, whichever you cut it, it’s not very good news. Still, alts are gonna follow BTC’s moves, but dominance could lag more.

unaccountablemod

XMR: 48% YTD, 86.44% Yearly 140% 5Year BTC: -10% YTD, -26% Yearly 27% 5Year Laughing in Monero #XMR

General_Theo_Magath

I don’t mean this rudely at all but if you are just now deciding on your self custody setup, you likely aren’t some mega billionaire BTC holder, and this is far too complicated of a setup for anything less than that 

Mus-Viki0702

Kim Jong-BTC.

Powerful-Choice-6024

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Powerful-Choice-6024

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MarloChrisSnoop

Dude MSTR has all their BTC being custody’d at both of these. It’s just silly comparing these to binance like they are the same.

Suspicious-Local-901

Maybe they feel it coming? That BTC is inevitable?

newMoneyStyle

That checks out with the data. Following the #1 vault left $237, while just holding BTC and ETH ended at $10,316.

BrainCelll

Ah, the daily BTC astrology

Square-Ad-2034

Not sure the logic holds. Who controls Congress matters for things like market structure bills and stablecoin rules, but that affects the whole sector, BTC included. Calling it "extinction" for every other coin is a big leap from one election.

ujohanne

Use a ledger with passkey to store BTC, not only recovery key. Close to impossible to hack this 2nd layer of security.

ReferralHunters

Yes, having a "cold wallet" and proper storage are a given. The future of BTC isn't 100% certain but were all hoping that the hard-fork goes down smoothly in as little as a couple of years. There's too much money spread amongst so many stakeholders for PQC not to be a mitigated threat. If we do that right there's more "halvings" to enjoy.

Suspicious-Local-901

Indeed. And I was reading about that, I read about atomic swaps, that means that the CBDC could be swapped for BTC, but then, the CBDC has to be created in the right way.

OkProject2361

It’s a good thing. BTC being associated with him was always bad for the long term. Too corrupt.

TexFarmer

It may not break BTC, but for damn sure, a bunch of coins will be stolen using AI tools.

sheeeeeeeeei

I think one BTC would suffice, once you account for inflation.

Sea-Push5285

* A chunk of it comes from standard trading fees. * A massive portion comes from liquidated positions—specifically traders going long on altcoins. When BTC flash dumped from $80k to $76k, large-cap alts took an 8–10% hit, while micro-caps nuked 20–40%. Their collateral is gone for good. Keep in mind: when trading Futures, the exchange doesn't actually need real money to lend you. They just write a virtual ledger entry for your leveraged position. If the price drops to your liquidation point, they simply seize your collateral—that’s it. It’s entirely different from Spot Margin, where real assets are borrowed and traded.

0a0d0s0

Right, they're not equally valuable. Near the bottom each dollar costs the most coins, so a cut there saves far more BTC than the same cut after a bounce. That's probably why the total mattered more than the shape in my runs. Lean only kicks in once BTC is 30% below its high, so nearly every lean month is already near the bottom. A halfway step lands after the price has climbed, which is the part that saves the least. Curious whether your flat-stretch version widens the gap. Good luck with the rerun.

WhaleWilliam

Until 2150 BTC is still inflationary. Which is the scary part considering compared to other inflationary assets it looks deflationary

d3r3k1449

It’s not really gonna be about BTC

dank-bobbb

Move the BTC to an address from a fresh, randomly generated wallet. Simply importing the old private key into a different app leaves anyone who knows that key able to spend the coins. If you have the old private key and use Electrum, create and back up a new seed-based wallet on a clean device, then use Wallet > Private Keys > Sweep. Sweeping sends the coins to an address in the new wallet; it does not reuse the old key. Review the destination and fee before broadcasting. Never enter the brainwallet secret or private key into a website or share it in DMs. Official instructions: [https://docs.electrum.org/en/latest/faq.html#can-i-sweep-private-keys-from-other-bitcoin-clients](https://docs.electrum.org/en/latest/faq.html#can-i-sweep-private-keys-from-other-bitcoin-clients)

0Fucs2Give

When AES fails, and it is only a matter of time, we need to move beyond AES, otherwise we will have much bigger issues then BTC getting broken.

Realistic-Ad1498

It’s true though. I bought most my BTC back in 2022 when it was in the $15K to $20K range. It was kind of a risky gamble as it had dropped from $65K to $15K in one year and seen a flash in the pan that was past its prime. It’s easy to say I’ll go all in at $40K when the price is pushing up against $80K. When the panic hits, the price gets slashed in half and is still dropping it’s not as easy to pull the trigger.

Bluejumprabbit

The attacker spread it across 10 chains including BTC, ETH and SOL on purpose, since only the USDT and USDC legs can get frozen and anything that moved as native BTC or SOL is unrecoverable. Tether already froze about $4.5M of USDT

songyou888

This is a brutal reality check on copy trading. Most top-ranked vaults take massive tail risk to look good on the 30-day leaderboard until one bad liquidation wipes out the entire vault. Holding spot BTC/ETH and sizing risk conservatively almost always outperforms chasing short-term APY.

Accomplished-Eye5567

BTC has never been stronger. CEXes are the ones we need to spread control away from

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Post is by: 03side and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoHelp/comments/1xmc577/catastrophic_1044_usdc_drain_via_builtin/ Hi everyone, I am looking for urgent technical insights regarding a severe fund exfiltration from my Phantom iOS wallet that occurred on November 1st, 2026. A total of 1,044.85 USDC on Ethereum was moved out to an unauthorized address without my knowledge or any local biometric prompt, despite hardware-level security being active. I have already submitted a formal support ticket to Phantom Customer Happiness (Sean) and provided my full 3.2 MB state log file (state-log-2026-11-02T03-01-41.txt). Here are the absolute facts and specific indicators extracted directly from the incident timeline and the official application state logs: **1. The On-Chain Cryptographic Facts** https://etherscan.io/tx/0x3f8e6449a4c1b258969e7bbae06717fad1c5aef19ffbc7f249dbc943e2312142 \*\*Transaction Hash (TxID):\*\*0x3f8e6449a4c1b258996e77bae06717fad1c5aef19ffbc7f249dbc943e2312142 **Asset Loss:** Exactly 1,044.85 USDC (Ethereum mainnet) sent to 0xc9011a3A71elB9CF8.... **Coordinated Gas Drain:** Minor gas amounts of 0.04 SOL and 0.0007 ETH were taken at the exact same timestamp. **2. The Internal Feature Flags & State Architecture** The application state dump confirms that internal automated liquidity and cash management systems were force-asserted to active states via remote configurations: enable-cash-usdc-sweep: true enable-cash-bridges: true enable-receive-auto-convert: true enable-cash-auto-convert-onramp-confirmation: true **3. The Biometric Hardware Bypass and Core Timeline** **October 22, 2026:** I interacted with the official, built-in "BTC Up or Down" prediction markets game powered by Kalshi directly inside the Phantom app interface. The initialization required a routine USDC prompt, which resulted in an "Approved USDC - Unlimited" allowance rule being registered on-chain for the game contract. **Device Status:** Local hardware validation was active (Biometric Enabled: true on an iPhone 13 client platform). **The Log Anomalies:** The underlying state logs capture automated background instructions running during client routines. Specifically, on September 29th (following the update to version 26.30.2), the system logged an unprompted automated asset routine: \[initiateWalletTransfer\] Initiating transfer followed by Complete. targetOrg=dbfd88... via the KMS Auth2 subsystem layer. **The Problem:** Because an "Approved USDC - Unlimited" allowance was already established on-chain for the internal dApp integration, the automated execution routines or an exploit utilizing the enable-cash-usdc-sweep flow managed to execute the transaction directly on the network level. This bypassed the local device's Secure Enclave prompt entirely, requiring no physical FaceID challenge to clear the 1,044 USDC out of the wallet. Has anyone else audited Phantom's internal automated sweep flags or experienced a similar automated balance migration after using the integrated prediction features? *Note: Do NOT DM me. I am fully aware of recovery scams and fake support handles. Any private messages will be ignored, blocked, and reported immediately. Keep all analysis in the public comments below.)* *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.*

cryptokeyhole

Probably most of it, but not all. On our node about 52,000 BTC that had sat untouched for over 10 years moved in the last 12 months, and some moved on every single day. That's only about 1.5% of the roughly 3.6M BTC that old, so you're likely right about the bulk of it, but some of that pile clearly still has owners who just don't move often.

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Post is by: Big-Experience-807 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1xn7xjx/scary_binance_users_cannot_withdraw_some_altcoins/ **Paper backing from the company's balance sheet does not mean immediate user liquidity.** If Binance does not have those specific coins physically sitting in their operational hot wallets, the "Withdraw" button remains greyed out or blocked for users. Here is how the situation breaks down into reality right now: * **Liquid Crypto (BTC, ETH, Stablecoins):** Binance has already moved physical coins into new hot wallets. Illiquid Altcoins (The missing \~5%): This is exactly where the bottleneck happens. Binance has guaranteed the funds to buy them back, but until they physically source and deposit them into the withdrawal wallets, **users cannot withdraw them!** *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.*

SupaGai

If the normal financial industry takes over BTC they will strip the volatility and high % gains by doing things like selling options. Other volatility and price suppression strategies overall hurt the gains of the crypto ecosystem. Throughout history when an asset becomes taken over by institutions the price gets suppressed. Option selling strategies price pin assets to let theta bleed contracts over time. And fundamentally if retail gets fucked over enough they simply stop providing liquidity/using leverage or lose interest all together. When this happened with gold it was flat for like 10+ years. There’s still gains in the table but a 10% yearly gain instead of 25-35% is more realistic due to institutional involvement unless they get flushed out. The only real life changing money is in coins that Wall Street quants and yield harvesting strategies don’t want to or haven’t touched yet.

Responsible_Cod_1453

Not leaving, earned some after the announcement by shorting BTC and BnB .

Romanizer

Bitcoin's early reorgs were largely caused by software and consensus bugs, not a deliberate mining campaign like Qubic's. That's a pretty important distinction. Qubic didn't achieve sustained 51% control, but it did cause measurable disruption and deeper reorgs. So calling it a non-event isn't accurate either. And market cap isn't hashpower. A higher XMR valuation might improve mining security, but it doesn't automatically solve pool concentration or the economics of attacking RandomX. The bigger question is how Monero would ever approach Bitcoin's market cap in the first place. Store of value isn't some arbitrary use case. It's a fundamental monetary function, and Bitcoin has established substantial demand for it. With Monero, you can't independently assess ownership concentration, whale holdings or major wallet movements. Bitcoin's address distribution isn't a perfect representation of ownership either, but at least it provides publicly verifiable data. That opacity is a meaningful disadvantage for investors assessing concentration and liquidity risks. Combined with weaker liquidity, regulatory access and network effects, I don't see a convincing case for XMR approaching BTC's monetary adoption simply because it offers better transaction privacy.

useless-flame

My post didn’t mention all relevant context including the self-custody wallet hacks/ decentralized protocol exploits and the like. In those scenarios, people who were doing everything right with self-custody got hacked and went to zero. Contrast this with getting hacked on Binance and having Binance agree to cover all losses (which they didn’t need to do). People are being conditioned with a false sense of security if they let someone else be custodian of their coins. Taken together, it absolutely makes sense this is part of a broader self-custody FUD campaign because the only way to escape 21st century slavery (where what/when/how/where you can transact is no longer your choice) is through self-custody of digital assets. The extraction machine that is traditional finance would prefer you to own their paper BTC instead as you give them custody of your coins.

MarloChrisSnoop

Do you personally your BTC on Fidelity or a combo of self custody and Fidelity?

useless-flame

You identify risk associated with BTC, but your analysis doesn’t include risks of NOT OWNING BTC, or the risks of owning only institutional assets when it’s becoming clearer the socio-economic system itself is breaking and a new paradigm must rise once it does.

OscarOfAtlantis

The entire premise of bitcoin is that there is no singular or central authority that can decide who gets to “keep” the BTC. It is based on collective computing power of ask the committees trying to solve bitcoin hashes in order to get rewarded with the next mined BTC. Theoretically one could undo the ledger transactions if they controlled more than half of the computing power in the world, but the computing power Is so spread out now that this is next to impossible. And coordinating that many people so as to undo transactions would be a huge undertaking. Not to mention that even being able to undo transactions in this manner would undermine (pun intended) trust in the system and would probably cause a huge crash. (If they can take away the thief’s BTC, they can take away yours). The above is specific to any Bitcoin transactions. But the binance theft ALSO resulted in cross chain transactions involving other cryptos and making recovery even Less Likely than the almost- impossible BTC only recovery.

jekpopulous2

He's saying there are way more important issues on the ballot than Bitcoin. The US is such a shitshow right now that "which party is better for BTC" is irrelevant. If that's a wedge issue for anybody they're an idiot.

2xfun

Unfortunately bitcoin became political and the orange dude decided it was a good idea to rug pull everyone with crypto. Since the Average Joe can’t tell the difference between a clown orange coin and BTC it was another nail in the coffin for Bitcoin. On top of that none of the promises made by the current administration about Bitcoin became true that led to an apathetic bull market cycle.  No bueno.

cryptokeyhole

For coins whose key is still behind a hash, yes, and that's nearly two-thirds of supply. Once the public key is on-chain it can't help, because whoever has the quantum computer can derive the same private key and get a commitment in first while you're still in the coma. Proving you know the seed behind the key could cover reused addresses from modern wallets, but about 1.76M of the exposed BTC sits on keys last used over 15 years ago, before seed phrases caught on.

Efficient_Visage

Maybe you need to zoom out at look at the 10 year chart. 10 years ago today BTC was worth $685 dollars. What do you think it'll be 10 years from now?

NUkids11

But 99% of the population and potential buyers of BTC do not have the tech skills to buy it any other way. It’s not a bug, it’s the systems design that is the flaw to wide spread adoption

Wh-h-hoap

When I realized the people who had marketed BTC to me were by now millionaires, and I wasn't.

alhanyk

$840K × \~20M BTC = \~$17T market cap. Roughly all the gold in the world. Possible someday, but not one bull run.

kendog50

Agree. And I've been promoting btc since like 2013. I realized that when I bring up something like eBay, that's been around for 30+ years, and I see the blank confusion in their eyes, that a huge portion of the population has no interest or understanding of basic technology and they will never use BTC. The complexity of using crypto is off the charts for 99.99% of people. They see the safety of having a 3rd party involved with their money as a huge benefit.

Kommandant_Milkshake

2 cycles ago peak (Nov 2021) to last peak (Oct 2025) is \~88% gain. The same timeframe for the S&P 500 yielded \~40% gains. So even from peak to peak BTC more than doubled the return of the S&P 500.

Wh-h-hoap

I get that this is a joke, but I still love the fact that people actually use the rainbow chart to project future BTC performance.

Previous_Valuable873

You do realize that for like 8 more years XMR will still have less coins in circulation thatn BTC correct...? The inflation rate is miniscule.

Previous_Valuable873

BTC was also reorged a few times in its early years... ITs not as big of an issue as people think It would be. Especially if XMR would have the same mcap as BTC.

ObviousEconomist

I mean no user has lost any BTC even after Binance was hacked for 6bn so... Sometimes I think it's easier for some people to lose a cold wallet or keys due to carelessness or bad luck.

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Post is by: Mr_Hodlerr and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1xmvdq4/following_the_1_copy_trader_for_6_months_turned/ Copy trading gets sold as "find someone good, press copy, earn what they earn." I wanted to see what that actually looks like, so I pulled every copy trading vault Hyperliquid has ever had and simulated what people really do with $10k. **What $10k became after 6 months** Each run starts on the 1st of a month (23 starts, July 2024 to May 2026) and only uses what the leaderboard showed that day. "Following the #1" means putting everything in whichever vault was top by 30 day return and moving to the new #1 each month. All results are after the leader's 10% profit share. |What the copier did|$10k after 6 months (median)| |:-|:-| || |All in the #1 vault, switch monthly|$237| |Split across the top 10, re-pick monthly|$4,611| |Split across the top 10, never switch|$7,758| |Split across the 10 biggest vaults, re-pick monthly|$9,759| |Just hold BTC + ETH|$10,316| Over a full year it's the same story, just worse. From 16 start dates, the #1 chaser ended at $25 at best, the re-picked top 10 at a median $691 and holding at $8,682 **Why Hyperliquid** Most platforms only show the lead trader's own return, so you never see what happened to the people who copied or to the traders who blew up and disappeared. Hyperliquid's copy trading runs through vaults and every vault's balance, profit and followers are onchain, including the ones that closed. That's 9,470 vaults opened through Oct 30 and I used all of them. **Time works for holders, against copiers** With holding, the longer you stay, the better your odds. Half BTC and half ETH from any day since 2018 made money 64% of the time after 1 year, 70% after 2, 97% after 3 and 100% after 4. Copy trading on Hyperliquid runs the other way. Of followers still in a vault today, 52% of those in for 3 to 6 months are in profit, 20% of those in for 1 to 2 years, and 5% of those in for more than 2 years. (Followers who cashed out aren't in this data, so it's a snapshot, not every start date.) **The exception** Some vaults did hold up: the ones with a year or more of history, small drops and steady weeks. None of the ones still open was near the top of the 30 day board. A split across vaults like that (1+ year record, worst drop under 30%, up over the last 6 months) beat holding from 10 of 12 one year start dates. But only 1 to 4 vaults a month qualified before Sept 2025, so take that one with a grain of salt. **How I measured it-** [full report and method](https://botsfolio.com/blog/does-copy-trading-work) *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.*

Unlock_Pulse

It's a log regression curve fitted to past BTC prices, with colored bands drawn around it. Blue/green is supposed to be "cheap", red is "bubble". The catch is that it only describes the past: when price broke below the bands in 2022, the creators refit the curve. Fun to look at, but it doesn't predict anything.

hit_me_up_30

I don’t disagree there. Just contextually, lots of things carry some risk. Thats why people tend to diversify. But also, people holding money on coinbase for longer than an exchange are choosing to take that risk. That risk can be dramatically lowered with an offline self custody wallet. As for the future, I def recognize where all of this could potentially end up…but for some I tend to lean on the presumption that by the time those things are a reality, we will have already figured out a way to protect from it. If AI and Quantum reached a point that bitcoin becomes obsolete due to security issues, I doubt BTC would end up the first thing targeted by it. So I feel like it’s probable that a major crisis with something else will have already occurred. And in that context, a broken bitcoin wallet might not be the biggest issue in comparison. I guess we will find out in due time….lol

cryptokeyhole

It's a real exposure, and it can be sized. On our node about 7.1M BTC, 35% of supply, sits in outputs whose public key is already on-chain: about 1.7M in old P2PK coins, mostly early mining rewards, and nearly all the rest, about 5.2M, at reused addresses their owners could fix by moving to a fresh one. That reused pile has still grown by about 1.1M BTC since late 2023. The hard part is the roughly 1.9M exposed BTC that hasn't moved in over 10 years, since an upgrade only protects coins someone moves, and that's the pile the burn-or-let-it-be-stolen debate is really about.

fan_of_hakiksexydays

Oil dumped just in time before BTC price dropped into heavy liquidation territory. We're saved for now. Let's just hope this Iran deal announcement holds up today and doesn't reverse.

Cryptizard

It's definitely not that easy. There is no obvious post-quantum signature to slot in because they all have 10x or more larger signature sizes than ECDSA. The Bitcoin block size is very small. Using larger signatures would drastically cut the transaction throughput of the network. On top of that, even if you flipped the switch today and added PQ signatures, it would take over a years worth of blocks to migrate every existing wallet over to the new signature scheme. They have to be done one by one, manually, with the owner opting into it and paying the transaction fees (which will be large due to high demand). There are many difficult problems to address for BTC and no easy solutions.

Xnove

Hi Joe! Cheers from Brazil! I’m a BTC hodler for life, but El Salvador’s Bitcoin push came from the government, not popular demand. For a small shop owner, this month’s earnings keep the doors open next month. Holding through a dip isn’t easy when you need that money to pay for grocery n bills. We’re judging adoption from the perspective of people who can afford to experiment. I see the same thing in Brazil and saw it in Costa Rica: fancy resorts and malls surrounded by ramshackled communities. More money from tourists doesn’t automatically mean a better life for locals.

BlueCreek_

I’ve been withdrawing BTC since Sunday, maybe it’s by account/region, but I can withdraw fine.

Scared-Permit2587

BTC ETFs give me comfort. Never heard a convincing argument against benefiting from the potential future explosive growth in BTC through the ETF since they track identically vs self custody other than some imaginary boogie man is going to decide they wont honor the holdings in the future?

LittleTwo9213

Interesting concept. But near impossible to tell what is considered “old” and inaccessible. Just because something is locked or lost doesn’t mean it should be entirely erased. For all I know my father might’ve bought BTC in 2013 placed the key in his safe for inheritance, and since gotten dementia.

atlasayn

It really sucks having to make BTC selling decisions based on tax policies. Hope you can find a way to optimize your tax exposure without compromising your long-term conviction.

Big_Percentage_7541

I feel the same, altough I don't like the fact that XMR is uncapped, in te hsame time I know Monero is heavily used in dark markets which was how BTC grown a lot in they early times. I also feel the same way with ZEC and it's capped

Public-Fig3304

Why should BTC crash

KrazyKreutz

BlackRock's iShares Bitcoin Trust (IBIT) holds approximately 814,715 BTC, which is valued at around **$62.8 billion** to **$65.6 billion** USD, depending on real-time price fluctuations of Bitcoin. An amount of $405 million represents approximately **0.62% to 0.64%** (roughly **0.63%**) of BlackRock's total Bitcoin holdings. Rlx

ItalianBOYporcodio

Yh but this is the point. They HAVE to lose power, if not how can country rise they productivity? People are normally greedy, if fiat won't lose power, firm won't export and people would save money with the hope to buy more stuff with the same amount of money ( like BTC). There is not so much to do, FIAT/money its for everyone, for the poor, for the idiot, for the greedy. Crypto are just for a few.

Ultima_Spes

What gives me a bit of comfort in these seemingly doomy times: BTC has printed 3 consecutive green monthly candles coming off the major July bottom. This pattern would be highly unusual if we were to enter another bear market now. So fingers crossed we're printing a higher low rn.

ItalianBOYporcodio

To exist, it money won't lose power, people won't spend any money. Like BTC

elingeniero

BTC can fork to a quantum secure hash

Secret_Ad4911

why not securing your BTC in a cold wallet? so far that i am aware, only personal data was stolen from ledger's hack? no seed nor passpharses were leaked and even tho they are leaked... that is an actual question, how can they hack the account if on top of it there is a passpharse securing the whole account?

Sea_Tour9103

Exactly. And since ages. Just look statistic on darkmarket, there is a huge switch between BTC and XMR the last couple of years.

Previous_Valuable873

XMR ahead of DOGE in marketcap, what a time to be alive :D Top 3 around when ETH hits 1000 and BTC 38k :)

zante2033

You're nothing without banks. How do you plan to buy anything with BTC and convert to fiat? Do you think it's magic?

zante2033

Bitcoin's not working on it because it can't without forking. Then you can all fight over which is the real BTC again.

xiskghferx

My opinion is that I don't use hot wallets for storing my BTC.

repomies69

25 months... I guess he used the BTC to pay for a good lawyer.

skillpolitics

I’m sure there is a good technical response to this particular point. I don’t know what it is though. Where should I look for reputable information, as I feel like this I really the only threat to BTC stability that I ever give credence to.

Wh-h-hoap

That Electrum guy losing his 0,85BTC >>> your keys, their coins. Let's face it, in spite of all the precautions this is a dangerous space for your money, but people try it all the same, mostly in hopes of getting rich. A minority is in it to change society.

0a0d0s0

Got curious and ran it. Same setup as before ($3,000 a month, $2,250 lean once BTC is 30% below its high, 30 years), plus a halfway step: once the price climbs halfway back from the low, spending goes halfway back too. It barely changed anything. On the baseline path, the BTC needed went from 3.23 with no lean spending to 2.94 with lean, and adding the halfway step left it at 2.94. The reason was a bit boring. After a crash the price sits near the bottom for most of the next two years, so with a 2-year limit the lean stretch is usually over before the price is halfway back. With no limit the halfway step does kick in, but it moved the answer by about 0.02 BTC. So it still mostly comes down to how much you didn't spend in total. The shape of the bounce doesn't seem to matter much.

Wh-h-hoap

We have to admit it's a lot easier to screw up immediately using BTC than using fiat and banks.

HSuke

Nov 2, Form 8-K - https://www.strategy.com/financial-documents Sold $164M of MSTR to buy $65.5M of BTC, and the rest went to USD.

HSuke

I predict he'll be buying BTC at $60k and selling BTC at $150k. That's their Strategy to maximize Bitcoin Per Share.

Significant-Field232

Zoom out I expect a 60K dip but then if you look again and again… just look at the BTC chart for all time…. For some this is an opportunity to buy cheap BTC

Business_Fox_1975

1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa  That is the genesis block. Currently has 107 BTC in it.

T00ManyH0bb13s

So playing 6 degrees of connection, some BTC that was 5 transactions away makes it way to Coinbase. What then? Now you're going to freeze a hot wallet on CB?