Reddit Posts
0.5 BTC Reward (~USD 31,000) for Recovering the Password (hashcat)
The Clarity Act is the dollar's last move.. and crypto is cheering on its own absorption
0.5 BTC Reward (~USD 31,000) for Recovering the Password (hashcat)
0.5 BTC Reward (~USD 31,000) for Recovering the Password (hashcat)
Bitcoin ETF Outflows Are Now at Record Levels. Time to Panic, or Time to Buy the Dip?
If your still waiting for it to go lower to get in then you will never own any BTC
Why does the mainstream always ignore the rising floor? (The SpaceX IPO vs. BTC cope)
How are you guys positioning around macro events these days? Fed, ETF flows, all of it
Beyond the Beginner Stuff: A Guide for a Crypto Newbie in India? (Exchanges, Coins, and the Brutal 30% Tax)
The hardest part right now is not chasing whatever looks alive
CFTC just approved the first US-regulated Bitcoin perpetual futures. What does this actually change for derivatives traders?
Global Takedown Cripples Dark Web Bitcoin Service After 10,333 BTC Hit Wallets
Meet Manuel Adorni: The Chief of Staff who claims he bought $200k in BTC in 2013... only to paper-hand it all before the bull runs. Or is it just the classic "magic internet money" tax evasion card?
Will I regret selling 1k of my Bitcoin?
I'm at BTC Prague 2026 Right Now (Here's What the Expo Floor Actually Looks Like)
I backtested the London and NY session breakouts on a year of data with real fees. Both lost. The London one lost more.
Does anyone besides you know how to access your Bitcoin if you died tomorrow?
Crypto Is Getting Smoked Right Now, But This Isn’t the End
Update my trading journal app with live BTC liquidation feed — helps me stay focused while trading
BTC dipped again and I’m trying not to FOMO this time
Thinking of trying to time this next local high decently and just GTFO until Fall
Bitrequest.io — an open-source, non-custodial crypto point-of-sale app
I've never fully understood the "it's too early" vs. "it's too late" argument when it comes to Bitcoin.
Coins from 2017 that are still here vs the ones that vanished, what separated them
BTC short on 15m — macro and structure finally lined up
Anyone else regret over-diversifying in crypto?
Anyone else feeling exhausted trying to outperform Bitcoin?
BTC around $60k while stocks are at ATH, what happens if equities finally CORRECT?
BTC around $60k while stocks are at ATH, what happens if equities finally CORRECT?
Do you think BTC will hit $200K this year, or at least $150K?
How much Bitcoin is actually at quantum risk? We measured it. Here is the honest version.
Anyone else feeling sick from this crypto sell-off?
P2P traders ever worried a payment was "dirty"? What did you actually do?
P2P traders, ever worried a payment was "dirty"? What did you actually do?
Why decentralisation? Ridiculous bank charges and slow transfers... Just paid 115 USD for a transfer that could take 3 days, longer if over a weekend!
CPI just printed 4.2%, the Strait of Hormuz is closed, and bitcoin is down 11% on the year. This was supposed to be the moment.
I don’t know if I’m overdiversified or just confused?
Can someone help trace where 1,202 sats went between a GoMining BTC withdrawal and a Kraken BTC deposit?
Bernstein says it's the AI trade, not quantum fears, draining bitcoin. The IPO calendar backs them up.
Why doesn’t Berkshire Hathaway buy all the BTC on exchanges
Saylor sells 32 BTC to buy 1550BTC at cheaper price?
CME Debuts Nasdaq CME Crypto Index Futures, Tracks Eight Top Tokens
BTC Analyse: 64000 Retest – MA60 & Divergenz entscheidend
US court sentences man to 5 years for $97.1M crypto laundering scheme to 5 years in prison for his role in a cryptocurrency money laundering scheme in criminal proceeds between 2022 and 2024 by assisting a fraudulent organization that solicited investments in oil and natural gas
Strategy sells 32 BTC, the market collapses. Same company buys 1,000 BTC and the market doesn't move. Can someone explain it to me like Im 5yr old?
Five Years On, El Salvador Is Still Buying Bitcoin
China’s Bitcoin Paradox: Court Recognizes BTC as Property in 107 BTC Theft Case
I backtested a "Buy Fear, Sell Greed" DCA strategy on Bitcoin (5-year data)
Bitcoin Miners Are Pivoting to AI What Does That Say About BTC’s Growth Potential?
kai Cenat is charging in BTC for his streamer university
Saylor nuked Bitcoin with 32 BTC... How 32 become the market’s newest meme?
Stop trying to time the exact top and bottom !!
I ran the numbers on $100/month Bitcoin DCA from 2018 to today — the results during the bear market surprised me
China’s Bitcoin Paradox: Despite Beijing’s crackdown, a Chinese court has reinforced Bitcoin’s legal status as protected property
Why have BTC been rising abruptly after touching 59000?
Mentions
I held all of those, got out at decent, if not peak prices and am now pretty much sticking to BTC.
Ok, I feel vindicated. I bought a crumb of BTC, then some weird ass dividend things to have a trickle going into BTC instead of SpaceX. Aside from what they're going to cram into the broad mutual funds.
I didn’t lose the argument or shift. In just used PLTR an example to debunk your point about TA and charts. Also, XRP was included alongside BTC in Trump’s March 2025 Strategic Reserve Executive Order. It went into the Digital Asset Stockpile rather than the active-purchase Bitcoin Reserve, but still got federal recognition as a reserve-eligible asset. Not sure why you’re so dismissive of that fact. Maybe it’s because you’re a Bitcoin sheep. And yes, I am holding a valuable asset.
Yes… I did… made $300k on Sol and $700k on BNB but I rotated into BTC from them… I dislike bnb but it’s better chain than Solana
I made the money because I said Fuck everything but Bitcoin… and the fact you don’t get that is sad. I’ll leave you a nugget of wisdom. There used to be an alt season because the Bitcoin hype would allow rotation of funds into other projects, but it was a money grab for MMs. There was a cycle, BTC ATH, Alt ATH, tether MC ATH, and the cycle would start all over again. There’s no on ramp from Bitcoin to alts. Rotation now is stock market, Bitcoin, stock market, Bitcoin thanks to ETFs. You can see that even ETH is struggling and BTC dominance is climbing. Stop chasing the quick buck, or you’ll lose everything you have.
The past few years have been 'dreadful' for BTC? It literally went from $16k to all-time highs and is now being written into US federal law as a strategic reserve asset. Saylor was right..it’s digital gold, not a micro currency for buying coffee. Institutions hijacking it means it’s now hard coded into the global financial architecture. If you're not optimistic when the biggest players on earth are fighting over the supply, you're just completely misreading the room.
It happens every cycle (particularly during downtrends/bear market). These people are nowhere to be seen during a bull run - but that's when the moon boys start to wild on X/Reddit. Rinse and repeat. But to answer your question. No, BTC is not on the way out.
Given the price of BTC lately, for past 1 years... idk man....
I’m not. I know exactly why I’m holding XRP. I bet you can’t even explain why it’s a scam and are just accepting BTC maxis sound bites
you will likely continue some unguaranteed long term return but the days of crazy high returns are over I think. The past few years have been dreadful for BTC. It started as a genuine interesting alternative to currency, to be completely hijacked by institutions and Michael Saylor who controls the supply and market and has no interest in it converting to a currency ( he has said that himself that it's likely impossible). I am not optimistic.
Right back at you… exactly how I feel about BTC.
And also why other countries have secret and COMPETITIVELY accumulating the asset that is BTC.
I know that feeling all too well... I used to do the exact same thing, rotating out of bored bags only to watch them pump later. What finally forced me to stay disciplined was transferring my core BTC and ETH holdings over to Nexo. Because it pays out compounding interest daily, I get that dopamine hit of seeing my portfolio actively grow without having to touch a thing or make a stupid trade.
The issue with BTC is that most people don’t give a shit about BTC.
Every 2 weeks, I buy MSTR in my tax sheltered accounts and buy BTC with my leftover funds. My bills are paid. My work has a pension running on my behalf. I live like a total impoverished peasant... But I know one day, someone will inherited an absolute life changing fortune from me. And...... I think that's better than if I ever had the money for myself.
The math behind a $300k+ target isn't just blind hope, it’s basic supply and demand dynamics. Bitcoin has a strictly fixed supply, and its daily issuance cuts in half every four years. When you introduce a massive demand shock into a highly illiquid, hard capped asset, like the U.S. government actively buying 1 million BTC for a Strategic Reserve via the ARMA bill, the price has to move exponentially to clear that demand. It's just understanding how a structural supply squeeze works.
The math behind a $300k+ target isn't just blind hope, it’s basic supply and demand dynamics. Bitcoin has a strictly fixed supply, and its daily issuance cuts in half every four years. When you introduce a massive demand shock into a highly illiquid, hard capped asset, like the U.S. government actively buying 1 million BTC for a Strategic Reserve via the ARMA bill..the price has to move exponentially to clear that demand. That’s not dummying up, it's just understanding how a structural supply squeeze works.
It is not certain that BTC bottomed It can get a rally ALONG with tech, and dump at August. Disclosure: I panic sold MSTR at 120. And I don't feel too bad about it. Stonks feel safer. Most people will be cought in it when it tanks again.
The BITCOIN Act and ARMA bill introduce a mandatory 20 year lock up on federally held BTC while outlining budget neutral ways for the Treasury to actively buy more. When the world's largest superpower passes a bill to accumulate 1 million BTC as a sovereign reserve asset, the market supply shocks. Just sit back and watch global game theory plays out in real time.
Tell me you don’t understand asymmetric upside without telling me. The CLARITY Act and the new ARMA bill aren't about beating the S&P next week, they are about permanently codifying a Strategic Bitcoin Reserve for the US Treasury. When the world's largest superpower passes a bill to accumulate 1 million BTC as a sovereign reserve asset, the market supply shocks. Have fun holding your index fund while global game theory plays out in real time
No, I don't think so... BTC sits outside this. Walmart Coin and Apple Coin are still dollars wearing a costume - their value comes from Treasury bonds. BTC has no issuer, no Treasury backing, no central party that can rewrite the rules. They serve different purposes. Stablecoins become the spending layer. BTC stays what it's always been - the exit from the system entirely. If anything corporate stablecoins make BTC more important because they make the dollar system's dependence on crypto rails completely undeniable. The thing they can't co-opt is the thing without an issuer to lean on.
Also, no one ever asks "How much is 1 BTC worth?". Even if they do, they'll cut it out of the final video.
21 BTC is a genuinely rare stack, most people who've held since 2013 just kept buying through every ugly stretch and didn't look too hard at the price.
So what do you predict will happen to BTC. If Walmart and Apple can issues coins and people can get interest on them and use them to buy stuff, does that mean BTC is cooked?
Keeping BTC ETH and TAO like as if I already lost them…I’ll circle back in a few years… HODL cuz that’s always the plan, and DCA always even if it’s a few bucks a day.
Have it on auto buys. 0.0005 BTC per day. So 1% of a BTC added every 20 days.
Invest most of your Dosh in BTC. And the rest in memes. Walk away.
1. Have stable job & consistent income 2. Pay day-to-day and monthly bills 3. Service all your debt. 4. Contribute to 401k, ROTH or retirement accounts for free company match, tax benefits and S&P500 exposure. 5. Build emergency savings to cover unexpected life events and 6+ months of expenses in case you lose job. 6. Save some for hobbies/fun stuff 7. DCA weekly into BTC. DCA harder when it dips. 8. Do what it takes to increase your income over time. 9. Sleep well consistently. Get sunlight every day. Touch grass. Breathe fresh air. 10. Drink plenty of water. Eat whole foods. Include red meat and eggs. 11. Move your body. Strength train. Build muscle. Mobility and injury-prevention exercises. 12. Nurture your relationships. Support your family, friends and community.
The AI bubble will hit maximum diminishing returns right before BTC is primed for the next halving uptrend
Someone can make Bitcoin2 with the same features. Or even better. So why not BTC2 instead
I only made this comment based on the historical trends of BTC. Are you saying there's actual substance to my claim?
They are all shit. All the "smaller coins" are shit. If you're new, just buy BTC to start. But I know you'll probably ignore that because you want to chase moons, and you'll end up losing money instead.
If you want to avoid rug pulls then avoid shit-coins. Seriously, you should avoid shit-coins and instead invest in a combination of wide market equity funds and BTC
Crypto was never one bet. The stablecoin and compliant token crowd always wanted dollar rails with less friction, that is literally the whole product, nothing got betrayed there. The people who actually wanted to replace the dollar mostly just hold BTC and don't care about this act at all. You only get 'crypto cheering its own absorption' if you pretend those two groups are the same people, and they never were.
BTC represents actual ENERGY that was consumed which is a more fundamental component of the known universe than a companies earnings.
eh? what's wrong or confusing about what I said? When I say "public BTC miner" you know I'm talking about the public miner companies right? So, yea, every single public mining company are converting their BTC miner business to HPC (AI) data centres. are you uninformed of that?
Really? The default payment system of the internet? The default payment system of the world? I thought that that is the main goal of BTC long term.
If you're looking to flip something for a quick buck in 2-3 years, BTC is not for you. You can earn way more in the stock market.
Are you a bot or just really uninformed? What would "switch to AI" mean for a BTC miner?
Taxes make BTC nice but I do have it for sale for 2 million amigo
I will be holding it as retirement investment if I were to sell for BTC
Hilarious! Lol so if yall pool your BTC you can own a dispensary
Yeah that’s true. Miners just don’t have any power as far as moving the price goes. It’s absurd that people still think they do The market is just all about derivates now. What miners do with their BTC is completely irrelevant, it’s a different market now
Same old argument that BTC bros always fall back on. Start out all sorts of lofty claims on why it’s so fantastic, then when people point out the other coins that do the same and far better they counter with just one thing - the price. All the rest is irrelevant.
Easy. Everyone dumps into BTC like it's a 401k. Trying to chase moons will make you want to get out of crypto
It can absolutely become obsolete because right now nothing depends on it and nothing is done with it, other then speculators that don't even believe anymore that Bitcoin will become money. Also because the block rewards goes down, miners make less and less because transaction fees are capped economically. The low blocksize makes it so that blocks are almost always full or just always full. And when they are, to get your transaction confirmed you need to pay a higher fee then the people after you will do. Or the miners will put there tx in the block and not yours. So then users are bidding against each other and fees go up. When fees go up people make less transactions because they don't like losing money on fees. Or like they decide to use another blockchain instead. This is why I said capped economically, there is a limit to how high the fees can do. Do you really see banks pay a 1000 dollars for a transaction? That's absurd. So all the miners have is the price. If the price does not keep doubling forever, eventually at some time everybody will stop mining unless high fee transactions are made. That's a 100% guarantee thing to happen in the future, unless the code is changed and tail emissions are added or the block size is made bigger. But it's to late for all of that. Bitcoin praises itself as unchangable, rock solid. If changing it was a good idea, then BCH would trade higher then BTC but it doesn't. So then what does BTC still have? Well it has a really nice prophet, called Michael Saylor that promised the world 30 times in a row on video his company would never sell any Bitcoins. And then he started selling them. So yeah, it's really not looking good. Bitcoin is the first iteration of brand new tech, does that ever make it? I am fairly confident that stablecoins on other chains, that are used daily for instance by all the gamblers on polymarket, will outlive Bitcoin. Why? Because they are usefull. Bitcoin is pretty useless.
It already costs me $50 to take my son to ShakeShack. That's just his portion. BTC isn't at $1M.
Best platform to buy BTC? Lowest fees in and out
Been through two full cycles now and yeah, I've consolidated a lot. Peak portfolio had like 25+ different coins and tracking all of them was exhausting, let alone trying to have conviction in each one. now I'm down to maybe 5-6 and most of the weight is in btc and eth. The thing that shifted my thinking was realizing that diversification in crypto doesnt work the same way it does in traditional markets. Most alts are heavily correlated with BTC on the way down but dont follow it back up. so you get the downside of concentration with none of the upside protection you'd expect from spreading out. What actually helped me was moving toward a more risk-based approach to sizing my buys instead of just spreading money across a bunch of coins equally. i've been using alphasquared for this lately, it gives a daily risk score for the major assets and I scale my dca amounts based on that. Buy heavier when risk is low pull back when it's elevated. Keeps me from panic-buying random stuff during hype cycles which is basically how I ended up with 25 coins in the first place lol. I still think there's room for a few higher-risk bets but they should be a small percentage of your portfolio and stuff you actually understand not just "this narrative is hot right now. " Fewer positions with actual conviction beats a scattershot approach almost every time, at least in my experience.
If the wallet isnt quantum proved the wallets privae key can be extractet through the public key with quantum computing. That means if satoshi does not move the BTC in this wallet they will be in danger i guess or am i wrong?
Can you expand on this? Do you just mean they’ll have to move BTC to protect the funds?
Criminal groups will always exist and use BTC.
Can’t the same argument be made with fiat currency? In fact, aren’t there more case studies of fiat systems being destroyed in history, yet here’s BTC from less than a penny in 2008, and less than 20 years, it’s at 64k, with a world going more digital by the second…and you have this sentiment…. To each their own…sometimes the brave are the ones going into the frontier
No. It’s not NOT obsolete now because it has or doesn’t have utility. BTC could fall out of favor the same way currency’s have in the past.
2013 was mad late, yet still early enough to make a lot of people rich. Idk about this post, but I know you all make me feel old and regretful. First time I heard of BTC was '09 or '10 from my buddy I was in the military with. He lived in the northeast and had server racks (eventually) in his basement with the AC going mid-winter. Dude's mining and cashing out, partying every weekend, and going on big vacations. Hundreds of BTC, no taxes (before that was even a worry), and living the dream. But he got comfy, prices dropped, and he eventually was cashed out in '18-'19. Had he held what was already covered, or even one percent of what he mined, he'd be sitting fat. Had I taken it seriously, I'd be loaded for the cost of a couple beers at the bar. Never doubt, never be overly confident, never leave yourself with nothing if you're already covered, and never put everything you have into a gamble, excuse me, investment. Stocks, crypto, even a savings account, are all gambles, some are just riskier. Mindset is key, like with everything else in life. Also, I'm keeping my head above water, so I have zero knowledge to drop, only wisdom that I, myself, had to gain on my own because I wouldn't listen to others. Hindsight and all can seem like a kick in the dick.
There is very little FUD. Quantum is basically a meme, and so is MSTR selling 32 BTC. We've already retraced down the the 200 week moving average like every other bear market and hit several bottom indicators from the prior cycles at only -50%, such as over half the coins being underwater. This range was also the top in 2021, where it acted as resistance for nearly a year, and we spend 8 months accumulating here mid-cycle in 2024. We've also hit bullish divergence on the weekly RSI I believe, like we did on the FTX crash. Other than the % drawdown being lower and the mythology of "it must bottom on October", the technicals are all saying we've either bottomed already, or very close to it. I'm not saying it can't go lower. It absolutely can. I also expect we still have at least several months of chop left before it starts grinding up. That said, expecting it to crash to 50k or lower when sentiment is already shot and sellers are exhausted is wishful thinking unless we get another black swan and stock market crash. This is a fantastic price right now, and I expect we end the year on an uptrend with the next bull market started. Then, all the people who sold and are waiting for 40-50k are going to get sidelined and have to buy in higher again, pushing the market up even more.
Heavens still not accepting BTC, spend all while alive
In the real world, no one cares what OPs friends think about BTC
It's a privilege to not even consider Bitcoin. It's not traditional banking. Only those who need to find an accessible global asset that isn't being hyper-inflated can easily understand BTC's value. It's rare for someone to stop and read past the headlines on magic speculative Internet money when they don't have a need to
Portfolio diversification is the answer. But having a 0% BTC allocation IMO seems silly.
Isn’t this a great case for ‘you pay for BTC what you deserve?’
You can expect similar long-term returns to the NASDAQ 100 (QQQ). Compared to VOO (S&P 500), Bitcoin offers higher upside potential but comes with significantly more volatility. Just ignore anyone projecting future returns based on BTC’s past CAGR above 50%. Those numbers belong to the past.
Idk i just buy BTC when sentiment is shit and I spend a shit ton when BTC sentiment is good
Go all in bro...there is absolutely no way BTC will crash. It never has before.
IMO not a big deal for everyone else; for BTC it could potentially be. I mean you’ll have to join the fork that’s quantum resistant, leaving behind Satoshi’s and many more dead/inactive people’s wallet.
Well there are State befits if you can't work. If you lose your job a temp agency or McDonald's should be able to cover your bills at 21. If not you're living above your means. You would cut everything out but phone rent car. So not really sure you need 20k. Yes it's nice to have but I would invest in an ETF the other 15k . You can always sell. Not sure why people don't treat ETF as a 2nd emergency fund. The point of investing is returning on your money m not hold forever even in an emergency. After a year he should be up on any ETF investment m Last but not least he is buying a BTC dip. Buy the dip if you believe in BTC and than buy replace your savings. But you should focus on 1 ETF until about 25k in it A little about me so you know I'm not giving bad advice. 38 with 375k in investments, ( I don't include any retirement accounts except IRA Roth in this amount) You cannot include 401ks or money that you will be penalized or taxed on in your calculations of your net worth because you do not have access to that money until retirement age. Unless you're willing to pay the 10% and the taxes it's while I'm really invest in my 401k except for the match. Own a house and have about 25k in Cash. I do have 60k of the 375 in money and market account as cash on hands in Charles Schwab for dips and opportunity. Crypto (separate from investment accounts) don't ever include this in your stock balance crypto is different investment. 2.5k avaxx at 8.40, 10 ethereum at 1746, about 7k in BTC ( You should only be aiming for a 1x on bitcoin from 60 to $120)
That all fine and dandy when people have an exit plan. It’s once they squander their fiat and think they have a chance to buy back that same amount of BTC at the bear market that will be near impossible. Every silk roader or trader back in the early 2010s will tell you.
I’m only down like 7% on my solana because I just started buying. I bought 1 just to have it on my radar and then it dumped hard like a few hours later, as alts do lol. Always the way it goes. Then I bought a bunch around $60 so I might be up on it now, I haven’t looked. All my small caps are a mess though. I put like $5k into alts in November of 24’ and that was about $500 last I looked. I’ll DCA into some of the better ones a little bit while we’re down and hopefully get some of that back and the others I’ll just hold as lottery tickets. If them moon shot, badass. If they don’t, oh well. I’m mostly all in BTC and ETH now.
You don’t need it at $50k though. Simply start to DCA and you’ll catch a perfect middle ground. Or, play by the cycle playbook and wait for October, that’s when BTC usually bottoms out.
Greed. People obviously believe 1 BTC is worth at least the exact amount it is today and that’s why they go and buy it when it’s under = cheaper than its fair value.
The problem isn't BTC...it's power and capital resources now that AI is the main game in town. The BTC story for most institutional investors is old news. Perhaps when the AI bubble that will change -- but more than likely if AI bubble bursts there will be a massive global recession which will take down everything.
Well no its not technically a currency, it's a ledger. And that's smart, there is no value in BTC.
Why has Tradingview been so shit for BTC lately?
This time is a bit different, nearly every single public BTC miner is switching entirely to AI data centres. And it would only make sense for the private ones to do the same. If the difficulty continues to drop, is it actually going to be worth mining from your home next cycle? Could he interesting.
Why? If the AI bubble bursts should be even better for BTC
Sell it. Put half into just basic funds and withdraw 4% off it to live off. Pay off my house. Out the rest into BTC for my kids. Retire.
It keeps up with inflation. So far I’m winning on selling my BTC at $100k. But I guess I’m still entry level 🤷♂️
I suppose the stage where it is supposed to show the correct BTC balance instead of 0 in the Blockstream app? After entering the PIN to unlock the Blockstream jade, and using the Blockstream app on my phone in conjunction with the jade plus to access the wallet using QR codes, the wallet that was generated on my phone said 0 BTC, and I tried it over and over again. I was using it in watch-only mode.
Top 30 marketcap altcoins and only 25$ BTC
BTC and Etheruem. The only 2 that matter
I experienced the same thing last year, my Blockstream app showed a 0 BTC balance after connecting to it with the jade plus and it scared the shit out of me (especially because I used a paraphrase and I thought I messed it up when entering it). What I found is that my btc was not lost- what is happening is that Blockstream is broken. I did everything correctly including ensuring the correct derivation path. I used sparrow wallet on desktop and was able to access the wallet using the seedphrase and passphrase, then sent it to a new address. Again, as long as you have your seed phrase your btc is safe even if the Blockstream app shows a 0 balance. You did nothing wrong. This is super shitty of Blockstream, they need to fix it.
I do. Buy every single day. Buy 1% of a BTC every 20 days.
This perspective is spot on. And if anything, your situation is even more favorable than that because half of $126k is nothing when it comes to BTC terms. The last three bearish episodes brought negative results equal to -84% (2018), -77% (2022), and before that two rounds of -86% and -93%. As you see, each cycle starts at an increasing bottom and experiences lower declines, meaning that the process you describe is taking place indeed. A fall below 50% is not the cycle end, it is the cycle consolidation.
Value = what someone is willing to pay for something. So yes. BTC doesn't need to do anything at all to have value if the market says it's worth X amount of [insert whatever currency you want here].
That my dad can’t use it to buy breakfast. If you can ride out the volatility BTC has succeeded in its role as a store of value. It has not succeeded as a commonly accepted currency. My boomer dad has made his way to both the iPhone and chat gpt. Not bitcoin though. He has no use for it. For me that’s the acid test of technological acceptance.
You make a great observation on how the state thinks about crypto co-mingling and FIAT currency. And how they feel it is completely nessasary to either heavily regulate to maintain control. Or completely suppress crypto as a whole. But I have to correct the BTC logic. Satoshi Nakamoto never said that. In fact, he left a ton of evidence pointing to the exact opposite conclusion. By nature, It was explicitly designed to function as an independent, self-sovereign digital alternative to the traditional financial network
Literally anyone who uses the term "dead" to describe BTC or even altcoins, I don't listen to them. They are all dummies. Dead is non-descriptive term, hyperbole. It doesn't mean anything because they use it as if it's TRULY dead, when there is clearly ongoing activity. It's at 60k, and it's "dead"? Use your words. It's in a slump, it's at a low point, maybe say "I'm concerned it's never going to hit that ATH again". So many options to use in the english language.
Buy some BTC now, then buy some more later. Look into DCAing, and start only with BTC, maybe ETH. Once you've done that, have an account with an exchange, and understand the basics then.... Be sure to look up total supply and how much is out there already/if it's it max supply. BTC has 21MM max coins, XLM has 50BB. Entirely different supply/purposes. Because there are so many more XLM, it's almost never going to go up as much as BTC, for example. Send test transactions of small amounts for any transfer or wallet use.
I mean, you did ask about bags, I don't consider holding BTC a bag but LUNA SURE IS!!!! LOLOLOLUNA
You are missing the guy point. Apparently he only a BTC holder now as everything is bullshit. Apparently the guy used to mine LTC back in the day. He was answering your assumptions since you said he doesn't know what a PoW and PoS is
This is a great gift. A couple thoughts from doing this for family: If part of the goal is *teaching* them, the hands-on route is a hardware wallet (Trezor Safe 3 is a solid, well-documented starter — buy direct from the maker, and generate + write down the seed phrase together; that lesson is half the gift). If you'd rather the gift be something physical they can actually hold, a cold-storage card/coin like Ballet works nicely here: *you* load the BTC onto it yourself, then hand them the card. No seed phrase for them to keep track of, no app, no battery — it can sit in a drawer for years until they're ready to move it into a wallet of their own. For a kid's starter gift I'd lean that way; for a big long-term stack you manage yourself, a hardware wallet is still the more standard choice. Full disclosure: I work at Ballet.
Oh, 100% agree with that. I’m more coming from the “BTC is Money, SPCX is a company with multiple operating businesses” angle.
Yes, but 10+ years is nothing when set against the enormity of the task of BTC becoming actual money. I have no doubt BTC will overcome the adoption hurdle, but that will not happen for another 10+ years, and certainly not in a political and economic climate as we have today!
>Edit- Maybe I am too Decentralized for this subreddit lol. It's crazy that anyone thinks the government has your best interests in mind Satoshi himself said BTC would not take over FIAT but co exist, what's crazy is how many of you go this extreme crypto only views when that was never the intention of BTC.
Yep DCA Eth and BTC. Works really well. I don’t even know what this tao is. The chart just made me laugh. Your post made it seem like it was on some meteoric run up and you got out with good gains.
I’ll try my luck 😄 If anyone comes across this and feels like funding a crypto enthusiast’s coffee, I definitely wouldn’t say no . ETH: 0x5d99d1E9d8B14bEF0C6FB677bcbC1def16961861 BTC: bc1qtdjy62d3fn8atfu3kj3ezf57nza5vgncwy7hs6
if you want opinions on what BTC is going to do visa vi digging you out of your position, this subreddit is just going to tell you it has infinite value no matter what you bought it at