BTC

Alpha0821

Indian workers sending money via BTC….

jkl2035

I don‘t think quantum computing will destroy crypto, I think cq is forcing crypto to develop further. What I miss currently is an open minded willingness to discuss potential migration timelines in the crypto community. Take BTC, BIP360 is now more than a year in discussion, I see several controversal points in the discussion, but we‘ll never come to a point to perform a post quantum Migration for BTC if people are not willing to discuss how this can be acchieved. All this in the whole knowing that we don‘t know when a potential threat will become real-life.

justcurious3287

BTC is the GOAT of crypto, actually. Investing isn’t my thing, but somehow I knew that? Hmmm.

Funnyurolith61

You can check HTX, it has around 3BTC per day non KYC limit. You might need to lose a decent VPN if you're in US/EU

FromThePits

If Blackrock owned 100% of BTC it would naturally become worthless. Just a Blackrock IOU with no trading or demand. Thats not what I'm saying. I predict thousands of BTC holders in the next decade. But they are all institutional and they will trade it amongst themselves as leverage and powerplays. If you don't plan for it, your family will not be part of it. None of them will hold 10 BTC or 0.5 BTC or just 0.00000596 BTC (one block reward next century). They will not be part of that party. Maybe BTC will just be a distant memory, that grandpa Reindeer used to ramble on about, while he looked regretful upon their parents.

Jealous-Reindeer-610

so you are HODLing , and you have traded sats and so like all wealth, it ebbs & flows in totals , due to trading, which is basically what its for (a means of exchange) you still have a reasonable amount (your store of wealth), and you think that somehow people will run out of BTC? ,unlikely as a consensus would have to happen , all nodes would have to shut down and stop communicating even though they are connected via HTTP or TCP/IP internet protocol was developed to survive communication even should a nuclear war disrupt communication , you are talking a very hyperthetical what if that is highly unlikely - If Blackrock owned 100% of BTC and bitcoin nodes it would have bought them off the previous owner via a trade of a centralised stablecoin or an Alternate Blockchian & then the BTC would be worthless, why woulld they reinvent the wheel decentralised consensus controlled limited supply and digital cryptography / math is part of the universe, it will never lose value

FromThePits

Probably more than 70% if you count ETFs and various bank-solutions. But everytime one of those individuals sell some - there's a very good chance it will go to the treasuries of one of the worlds conglomerates, and never leave that coffer again. In a few generations, all common individuals will have bleed their BTC inheritance, because of - well life really, with all of its unavoidable crises. Unless you plan otherwise, those BTC of yours will leave your family bloodline eventually. That is just a fact of life.

Potential_Bison_2468

98% BTC and pocket change

PEAQONAUT

If ALTs aren't required why do they exist at all? Because they are very much required. Patience is the hardest for most, as they constantly monitor their portfolio during a downturn, buy the fear sell the hype. Now is a buy fir ALTCOINS, and be strategic about it. Alot are bouncing off their lows and jump 10-15% then traders sell, they are accumulating free carry and some taking quick profits. It will be a couple of years but 2028 is the next BTC halving so 2029 is my tip for new alt boom

FromThePits

I'm all for holding as much sats as possible, and skip fiat. I have even publish a method to airdrop BTC to the next 4 generations of my descendants. But I also realize that it is most likely that I wouldn't get back to having the amount of BTC I had 6 years ago. Even with a diamond hand mindset and hodling for dear life, as I strive to do. This goes for almost every BTC holder too. Maybe you are the exception? Every circle it gets harder to redeem that old level of satoshis. This will never change. Eventually everybody will run out of BTC. The house wins. (institutions). Opportunity missed.

IvarThePhoneLess351

You haven't really been in crypto until you sold your BTC to buy a BMW then sold the BMW to go all in on "Texas Rodeo BBQ Sauce Steakhouse Token" then watched it all go from $55k down to $5.55 then got a divorce because how dare you be a filthy degenerate with no financial literacy like they know what they would do in the exact same situation.

jkl2035

Tell me how BTC will face it - people always answer like that. Have you checked out the current proposals - I take BIP360 because I know best about it and like Hunter Beast in his neutral, unhectical way talking about it. After consensus is reached (and I wonder how it should reached in a Short Hand discussion) it will take 3-4 years (own estimation by BIP360 team) to migrate the chain. This would involve burning Satoshis coins which will be discussed controversal. Man, we have to take this more serious and stop talk about FUDing and generic phrases like „we solve it when it’s needed“

Jealous-Reindeer-610

Lol , anyone with 1000 Sats more than anyone without is going to be wealthier 21 million BTC is it, there will be no more .you are coming from a fiat mindset , your BTC will be at the Value you place on it, what ever price you pay, exchange or value it at is the price at which you deserve. 21 million BTC will be split ownership by every human on earth , those who have and those who have not , nobody will own 50% of the supply; if they did they would trade it eventually over the decade, BTC is the ultimate commodity BTC value is a straight line and Fiat currncy value is a red candle going down , your mindset is the issue

FromThePits

Except my point is that common people will not own BTC (or just own fractions of satoshis). Your bloodline will not become BTC holders. The institutions and conglomerates will eventually be 100% in control. There's nothing really we can do about that... but if we think ahead, we can at least secure our own family for generations. Whether this is worth doing, is up the each and every one of us. But we have the knowledge and the opportunity to plan for it right now. Our grandchildren won't have that option. Your BTC will behold to someone/something else.

ChristopherFromAus

I think this is one of the more reasonable things to sell for, a property will go up in value too don’t forget. Also note that some banks or other places actually lend against your BTC so you don’t even have to sell, incase you didn’t know Of course your borrowing money to buy land in that case and have to pay interest but just letting you know 👍🏼

RealEnnie

I hope you bought your weapons on bundle sale and the rest put into BTC.

ChristopherFromAus

It’s easy to have regret in hindsight, but if your dog lived a bit longer, I don’t doubt you wouldn’t regret it, you’ll be rewarded my friend. In my eyes You’re wealthier than most people in the world even without the 9 BTC.

FootProper568

I have 20 BTC and still feel like I don’t have enough. Short term, I have no idea where it’s going. Long term, up.

FromThePits

A bit slow on the uptake? Thats okay. Listen, if you sell it for USD/USDT or you exchange it for goods doesn't make any difference to the point I'm trying to make here, which is that whatever you're hodling right now - will most like be substancially less in the coming decades. It will be spend or lost otherwise. If not by you, then by your heirs. And your bloodline will not ever get back to that same level of satoshis owned. They will own other assets, and hopefully do well... but holding significant BTC will become a thing of the past. Now understand, yes?

Rare_Rich6713

I’m still holding XMN and SUI, no more buying alts aside that. Plus I’m 90% in BTC already anyways.

TrroooAweee1337

I sold 15 BTC for almost 30k.

FrenchBelgianFries

Why do you think 1BTC would become valued at 1 000 000 $ ?

solarbridge

Bought 17,33 BTC in Dec 12 and Jan 13 for 69€

FromThePits

Of course But if you sell 1 BTC today, you will not get it back 10 years down the road easily. It will take much more value/purchasing power to redeem it by then. Thats why BTC will always slide towards the most affluent, away from the ones that probably needs it the most. In BTC's case those most affluent are institutions and conglomerates, not your bloodline. They will be no-coiners, unless you plan something for them today.

Thelmholtz

I do, as I fit the use case of having assets in a country with strong restrictions of what I can and I cannot purchase. But it's rasy to call it a failed currency from the comfort of 3% average inflation and market freedom. You want a failed currency? Think 21000% change in 10 years, the other fucking way.  For what is worth, the dollar has gone down 21000% in BTC. There's no intrinsic value, even physics is all about which frame of reference you agree upon ahead of time. You do you mate.

RevolutionaryGas2008

Alt coins are all a fucking joke they literally do nothing unless BTC is on the move.

Jealous-Reindeer-610

1 BTC = 1 BTC no matter how much time has passed no matter if they recreate your wallet and BTC totals from a non-custodial wallet , or if you pass down a usb stick with a wallet with your passcode stored in a safe ,with a seed phrase [https://coincodex.com/article/23147/best-metal-crypto-wallets-for-seed-phrase-storage/](https://coincodex.com/article/23147/best-metal-crypto-wallets-for-seed-phrase-storage/)

jkl2035

For me it’s not shit, I see it as serious threat for the whole crypto market. I‘m really worried how people in the crypto community - esp. BTC - are handling this without looking at the potential burdens for a migration. I don‘t know if Q-day is 5, 10 or even 15 years away. What I see that all the major quantum player have delivered their roadmaps in the last 3-4 years. Current roadmap would suggest that ECDSA will fall in the early-mid 2030s. And currently a lot of money is invested in the field. A potential migration of BTC (if consensus is reached) to a quantum Secure encryption would take 3-4 years based on the current discussion (just check BIP360 for example) and would involve burning Satoshis coins (what the hell!!!)

Objective_Basil6897

I wouldn't worry about it. Gold holds around 8-9% CAGR since 1970 and it's literally just a store of value. It doesn't have any natural appreciation, just inflation protection. It has industrial uses and is a symbol of wealth obviously, but the fact it does not "grow" as an asset and just holds its own value while gaining 8-9% says a lot for BTC. Now throw in the fact that BTC has a diminishing supply over time. Not only is BTC a protection against inflation, it actually swims upstream (deflationary). I actually think 11%+ after full world adoption just from that alone is an easy number.

word-dragon

Not sure how this applies to bitcoin, which is always sold in Satoshis (usually expressed as a fraction of a BTC). No one has to choose between buying one bitcoin or buying zero.

Worldly-Law9012

BTC whale.. would make Satoshi jealous.

andDevW

The US will get end up with the most BTC in the long run via the War on Drugs and BTC seizures. BTC investors will all end up in countries that don't tax BTC or BTC earnings.

blaziken8x

You're too greedy, you need to sell on the way up, it is mentally impossible to sell on the way down after you had already seen a bigger number. For example, November 5th 2024, BTC starts exploding, two weeks into that you sell a bit (maybe 20-40%), another week you sell more (20-30%), maybe by this point you have only 40% left. You're still too greedy, so you decide to let it ride, February-March hits, BTC price dumps by like 30%. Even though you missed out on thousands of dollars of potential profit from selling too soon, you are satisfied, because you sold 60% of your portfolio for profit and only the remaining 40% dumped with the price of BTC. Now the fear and greed index starts dropping under 20, you have cash on the side, to be able to buy back some BTC.

Krakajo

Congrats this is the worst case I’ve ever seen of a guy trying to sound smart without understanding wtf he’s talking about. Usage and price appreciation are two different things. Eth price is not increasing because there is no buying pressure. But the fact fees are low despite all time high usage validates its use case as a working currency or whatever other uses it may have. Meanwhile, BTC can have no other uses than a speculative asset. High fees on transactions are nothing to be proud of, it just means the technology doesn’t scale. It doesn’t mean ETH price will outperform BTC or the other way around, but simply that ETH is actually delivering on what crypto promised to do.

MeanBaseball6113

If you put 1000 to BTC and it doubles, now you have 2000 in BTC. It doesn’t matter you had 1000 before. It’s all in your mind.

MrRoidsen

You can cash all your crypto except BTC

DoritoZNJ

So someone is tracking BTC transactions in countires is that what this graphic is saying

FromThePits

Back into the same amount of BTC.

Revenantjuggernaut

Basically I moved my BTC to acquire ETH and SOL

Horror-Sector7498

That allocation makes sense 👍 BTC + ETH is solid for beginners, and adding a small $RYO position could give some growth potential while keeping your portfolio simple.

Revenantjuggernaut

So my logic. I just started Aug. and I’m like fucking what’s his name in the movie rain man I feel like. I really enjoy day/swing trading or whatever? I started off with 200$ found out quickly the fees are a bitch so 4 days later I had over 600 called my brother asked him for a grand wich he gave it to me. So from Aug 14 to Oct 10th got arristed like 3am so I had no clue when I got out I didn’t have little over 7,000 anymore…. Less then 3,000. So my point that I’ve noticed is working for me is. Didn’t have a lot at all to start out with so I didn’t have Mitch BTC I just studied how to read and interpret 🕯️ and a few what are they called? MACD and shit. Like yall said BTC is king and country why eventually I’ll have 40-50% of my bag BTC. SO LONG STORY SHORT!!!! lol I had $1400 into BTC and my gut and things I was noticing and hearing they were screaming ETH and SOL so i reallocated started accumulating ETH 2,700-2,900 lol was like .85 into and it jumped to 3300 but!!! Yah boy just locked in his first whole ETH got like 7-8 SOL avg buy in like 140. Being the markets been sideways as shit. I just focused on positioning for when it all comes back up and shoot man for little meager amount I have I’m pretty happy excited for the next coming years. Sorry for babbling ran outta my happy meds for a little too long so I’m readjusting. Ok good talk thanks for lettin me share 😂

fogg_off

Eth maxis be like: let's bash all the Eth killers which are mostly just better tech than Eth!! But then let's attack Btc maxis for doing exactly the same!! Come on fk off. At least Btc maxis are right, you're not. You're just the poor man's BTC.

RealitySucksTheBig1

I had 1 BTC ten years ago, I told myself the exact same thing - This will pay off my mortgage one day!  My sleazeball dickhead of a brother convinced me to lend it to him for an "emergency."  What did he do?  Bought something shady with it online... ByeBye Bitcoin, ByeBye home lol.

Virtualization_Freak

Because it's fun to hold precious metals. No matter how awesome it is to own BTC, playing with silver and gold rounds is more fun. I have enough silver rounds that poker night becomes a lot more fun for everyone when I pull them out and we use them instead of casino style chips. Granted, the market has changed a bit now that ASEs are hitting $100 each. Mine are all beat. We feel a little bit more like pirates though.

ConfectionForward

I didn't buy, or sell anything. It is waiting for me to make a move. Tell Ya' all what, If this comment gets enough upvotes, I will sell, and we will see BTC moon.

PM_ME_YOUR___ISSUES

Dude, even BTC maxis have their retirement funds allocated in stable assets. This doesn’t mean BTC isn’t worth investing in - just that you only invest the amount that you possibly do not require in the next 2-3 years. Also, more than 90% of people who invested their money in alt coins in 2024, will most likely never recover the same. The 10% who do make gains - never really cash out in time lol. Your first priority should be your regular stable investments, then a 6 month rainy period emergency fund, and then finally cryptocurrency or any other kind of gambling. You can’t possibly devote 30-40% of your salary towards crypto.

Revenantjuggernaut

Yeah with that I’d grab 1 whole SOL if your planning on adding more great! BTC and ETH SOL can go wrong. BTC is king and country! When I move you move!!! Just like that. SOL is so asshole fast when I transfer SOL literally it’s there immediately it’s insanely under valued. Then there’s ETH it needs no introduction

JediRebel79

Only 20mill people in the USA own a bit of BTC??

Pitiful-Excitement47

0.000011 is 100$ worth of btc. 21 million BTC in total. It isn't hard math. Can't compare entire usd supply to 1 dollar unless you compare the entire btc supply to 1 dollar.

StopBitchinStartLivn

Awesome, that’s already very similar to how I trade anyway. Question for you though, BTC has quite a low daily range, only trading between like 2-4% daily. Would you advise against a coin like DOT with a significantly higher ADR% whilst following BTC’s forward momentum? Or SOL for a slightly higher ADR% with a bit more liquidity than DOT?

StopBitchinStartLivn

Awesome man thank you for the information. I will have to look further into it all. What are you going to be looking for in BTC for your setups? Do you just jump on momentum trains after further validation? Or do you recommend a more methodical breakout-like compression = expansion / similar trading style?

balls2hairy

Nominal numbers don't matter anyway. India has, what, 1.4b people? And America has 325m. So 5x the population and 4x the wallets holding **any amount** of BTC (if the image is rooted in fact). Per capita they're behind and undoubtedly hold far less per wallet on average.

Either_Junket6500

Currently I'm shorting BTC, but that's probably only to the 50 day moving average. Long term is probably safe to say it will be up, but nobody can tell you when. I only care about current direction.

Appropriate-Talk-735

The large old holders (individuals) have only so much they want to sell and onchain data suggests they are about done now. The companies and ETFs have been buying and I think they will continue. There are more buyers of the ETFs coming in from for example MS clients. Most cryptos will follow BTC but I would not risk buying much else since you introduce more risks. I think BTC will be the best performing asset among the larger ones, if you include 1 million shitcoins ofc some of them will do better.

StopBitchinStartLivn

Do you think there’s any catalyst encouraging these Industries to stop selling and start buying? Do you think BTC and ETH will simply lead the market regime similarly to $SPY and $QQQ or do you believe BTC will truly be the best performing asset?

Either_Junket6500

I once bought an oz of weed for about 2 BTC 😂

BraveUnderstanding15

Only alts I’ve made legit money off is Solana where I got in <$15 and XRP <$.60. The rest have been spotty AF. BTC/ETH are king and queen.

BanzaiKen

Its ripping right now because Dubai banned privacy tokens and Iran had a full on economic collapse. People arent speculating they are flipping their assets before they get seized and using Monero as the medium. Its not a good store of wealth like BTC because it cant be taxed and exchanges have onuses on them by governments to drop it. If more countries implode itll keep ripping because more people will be using Monero. If they don't it'll level back out.

Anxious_Noise_8805

Back then you could mine about 0.7-1 BTC a day on a gaming computer. Crazy era

nunya-beezwax-69

If you’re going to get into Crypto, yes BTC and ETH is a great combo. What you don’t want to do is invest in dogshit ass nothing coins.

FckCombatPencil686

The math ain't mathin. What is that number? Bitcoins, can't be because there are on 21 million Bitcoins. Dollars, well I know that can't be, because if the whole US only has $20.5 million in BTC, then I'm a top holder. People? you're telling me that over 6% of India and America are holding, while 2% of China is, and 10% of Turkey? Like they couldn't even find this out if half the people were diligent and not lazy.

Ill_Star4444

Yeah, now the question is how many % each these countries has combined. I assume Indians and filipinos own like $100 in BTC in average if you know what I mean

Appropriate-Talk-735

BTC will be the best performing asset this year.

SyllabubOk144

Could someone send me a little BTC? bc1qxxjgygygf9yvh8gsnfrzcslnwczpfus6swknft I really appreciate it.

Blockchainauditor

You and your wife share your BTC holdings but not your firearms?

HelicopterAlone6281

BTC isn’t going anywhere, just another form of investment. Yes there is red days, but that also happens with any other form of investment. Banks don’t give very good interest rates either, so might aswell just DCA BTC as savings vault (maybe 40% of total savings portion rest in a bank for that 2% chance bitcoin dies)but conviction is key

fairlyaveragetrader

No idea on the stimulus, depends on what happens, too many variables to predict, you are completely right about BTC never existing in a real bear market. 2022 was kind of close though because that was definitely a stock bear market. It wasn't a full explosion 2001 or 2008 style but it was very much a recessionary bear market just without the headline. The correction really wasn't that much different than 2018 though. If 2026 is another standard bear market you basically have a high bear Target around 50K and a low bear Target around 30k. They also typically happen right about one year after the high. So if the cycle is still in play, whatever we get down to by October, likely to be a really good deal, whatever that number is

SyllabubOk144

Could someone send me a little BTC? Address: bc1qxxjgygygf9yvh8gsnfrzcslnwczpfus6swknft

SyllabubOk144

Could someone send me a little BTC? Address: bc1qxxjgygygf9yvh8gsnfrzcslnwczpfus6swknft

SyllabubOk144

Could someone send me a little BTC? Address: bc1qxxjgygygf9yvh8gsnfrzcslnwczpfus6swknft

SyllabubOk144

Could someone send me a little BTC? Address: bc1qxxjgygygf9yvh8gsnfrzcslnwczpfus6swknft

Own_Condition_4686

With no change in demand, by 2040 .195 BTC should equal ~300k of today’s purchasing power. And knowing that I want to buy more

DBRiMatt

Probably a number of factors including; * Less gambling money/stimmie cheques * significantly more alt-coins to buy from * significantly higher circulating supply on older alts (High inflationary tokens unlikely to see similar prices) * Less rotation from BTC into alts, likely due to increased institutional money (ETF's)

SyllabubOk144

Could someone send me a little BTC? Address: bc1qxxjgygygf9yvh8gsnfrzcslnwczpfus6swknft

scott_in_ga

BTC has never existed during a bear stock market... Food for thought. Also, consider that the US started throwing cash at ppl (\~$1 Trillion) starting in March 2020, when BTC was \~$9200. What is the over/under on how much money will be thrown to ppl in the next few years... COVID levels??? (I'll take the under)

Denver-Ski

Most people don’t seem to understand that the halving event was a huge catalyst for price growth in the past, but it will not be in the future. Why? Because in the past, miners had a significant portion of BTC in the market. Today, the bitcoin sold by miners makes up a tiny fraction of transactions. People, businesses, and countries are the main holders.

scott_in_ga

Dead cat bounce. As always, as the high-beta stocks rise the profit taking money flows to lower beta investments. That market rises to a certain point at which point profit-taking money flows to no-beta investments. Eventually the beaten-down innovation companies will start to get more money and they will rise again. This is what happened to GOOG, MSFT, META, APPL, etc. All of crypto are high-beta investments. BTC is the lowest of these high-beta investments. BTC volatility has been decreasing for years.... [https://www.tradingview.com/x/lDeyO0iQ/](https://www.tradingview.com/x/lDeyO0iQ/)

scott_in_ga

BTC volatility has been dropping for years.... as volatility falls, large traders get less interested and the price follows it's natural course, depending on the macro backdrop [https://www.tradingview.com/x/lDeyO0iQ/](https://www.tradingview.com/x/lDeyO0iQ/)

Short-Shopping3197

About 50% in a world index tracker ETF, 25% split between gold and Bitcoin, and 25% in a zero-risk national bond scheme as my emergency fund. In the UK the ETF, gold and bonds are all tax free, I’ll start drawing the BTC out from age 50 at my annual tax free CGT allowance.

jerseynate

That cause they are the ones stealing everyone else's BTC

Captaincdj

Not sure why you are not getting useful answers. Personally I think if you can: 1. Get good terms on a home equity loan. 2. You can afford easily the carrying cost of the loan. 3. You can survive repaying the loan if BTC were to correct 50-70-90%. 4. If all those are true, then taking some of your homes equity to buy a large position in BTC is something I would consider if you have no other means of doing so. BTC is a long term asset to hold. If you plan to buy and hold for 5-10-15+ years, then maybe do it. I would also recommend a DCA strategy instead of, or on addition to buying a large position. Good luck, I think it can be a good idea.

CyberWalrus42

Just checking if BTC is still doing BTC things or if we're all pretending altseason is finally here again

ginnipix

A portion for crypto is safe enough. Stick to BTC and ETH for now. Do research on other projects first before getting any bags from them.

terp_studios

You think no financial institutions hold BTC? Are you completely stupid? ETFs require them to buy. No institution is allowed to sell bitcoin products without having that Bitcoin they’re selling. Show me a company working with bitcoin that doesn’t have any. They collect the same fees on ETH ETFs and stuff like that. The only difference is they can actually use those ETH holdings to influence change on the network. This can’t happen with BTC. So have fun when all those institutions interested in using ETH for their ***own benefit*** (your words) hijack/corrupt the network.

MinimalGravitas

Oh, sorry, I really was confused! Thanks for being patient. I guess the most obvious example then would be GameSquare, an esports company: https://www.gamesquare.com/ They have bought 15,630 ETH so far: https://www.coingecko.com/en/treasuries/companies/gamesquare-holdings Another one is the biotech company Lixte: https://lixte.com/ They have bought 300 ETH, and 10 BTC: https://www.coingecko.com/en/treasuries/companies/lixte-biotechnology Sorry for taking so long to figure out what you were after, but at least we got there in the end!

fan_of_hakiksexydays

XMR dipped pretty hard. But a correction was expected after such a big rally. If BTC doesn't go lower, and continues its rally, this could be a nice opportunity. I've seen this happen too many times in my many years in crypto. One of the most classic case people might remember was with Doge. But it was the same with all the similar hype trains. There's always at least one big correction in the middle as things correct from the first big rally, and the first people get shaken out. Then there's at least one of two more phases and rallies, as hype is very quick to return.

Bigalex_Qc

You're not alone 😅 i started last month, and when i understood BTC and fiat dilution , massive US/CAD debt I FOMO hard and bought 14k CAD in 72h , now i dca weekly and only feel better

MakCapital

Can you write without gpt? You have absolutely no idea what you're talking about. The ETFs also weren't just "approved" under Biden. The BTC ETF was after it became clear they would lose to the courts, and the ETH ETF got zero hour approval by a hair because Trump was gaining votes and funding by aligning with the crypto industry. There was no upside to continue fighting it. It would have stopped there, though. This is not how you determine if there was a full US war against the industry. Towards the end, we were scared to launch anything that even touched US users. As an investor, you should be much more plugged in. Nothing was allowed besides BTC and BTC self custody was next in the chopping block. This only touches on what was going on, but misses mountains more of US backed attacks against everything our industry. https://www.reddit.com/r/CryptoMarkets/s/WZgCny6oku

wtf--dude

My man, read your own comments. You say absolutely nothing. Your first statement can be made just as easily for btc "Rewards are paid out in BTC. If its value stays stagnant (which it has), then holders are losing value to fiat inflation." "It is not balanced because POS is crap". Stop putting up strawman arguments, changing arguments and give actual counter arguments. Like I said. They are extremely similar in a lot of ways. One is progressive, the other is conservative. Let the best protocol win.

coinfeeds-bot

tldr; U.S. spot Bitcoin ETFs saw $1.7 billion in inflows over three days from January 13-15, 2026, reversing earlier outflows. Bitcoin briefly traded above $97,000 during this period, with BlackRock's iShares Bitcoin Trust (IBIT) leading inflows at $648.39 million on January 14. The surge boosted market sentiment, reflected in the Crypto Fear and Greed Index. By mid-January, spot Bitcoin ETF assets totaled $128 billion, holding 606,000 BTC. The inflows highlight shifting market dynamics, though subsequent outflows on January 16 suggest volatility remains high. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Froz3n_Cornchip

Still early adoption. Electricity is arguably the greatest invention of all time and it still took 70 years to go from practical invention to mass adoption. Limited supply of BTC and it is being gobbled up. Basic math really OP isn’t wrong time is running out to accumulate.

AInception

That isn't how normal pools work. Individuals each direct their hashrate at the pool, and the pool-owner decides what to do with it. If everyone acted independantly and only used pools for profit-smoothing, there'd be much more waste (people guessing the same wrong-hashes over and over) and less overall profitability. Nobody sits in front of a console and watches what the pool-owner is doing live and 247. Instead, they put their trust in the owner to do the right thing. It functions on trust-me-bro. They're antiethical to crypto itself. In the past BTC pools have re-directed their hashrate and used it to attack smaller POW chains already. Pretending the risk/reward will *never* make sense to the pool-owner to attack their main-network is ludicrously niave. Again, the banks already existed and this tech was created to eliminate human fallacy (if used correctly). It would take 2 pool-owners to 51% Bitcoin at this point. 3 max. The thousands of individual miners under them acting only as their useful idiots. You are correct that AFTER the attack, after news made its rounds; miners would go back and change the pool they're participating in - potentially days after the fact. But it only takes at most 6 blocks to preform a profitable 51% attack since that's what the 'probably finalized' standard is for Bitcoin everywhere. Then, after that, forever, the safe-standard wait time might become 200+ blocks like smaller POW chains all became post-attack. Maybe that's enough time for 'useful idiots' to have a glance at what they're really doing, or maybe it's not? Who's to tell? Users would be stuck waiting days or weeks for even the smallest transactions to go through instead of 10s of minutes. This would irreversably harm the network and all the trust in the network. There's a new pool design that uses hash-encryption and a 2-way communication network, called Stratum (v2). If a pool is using this they can NOT re-direct your hashrate and NOT use it to 51% attack your network. The most popular pools are all not using Stratum! The fact that the top 2 pools have 51% hashrate says a lot. It tells you the majority hashrate does not care about centralizing the network since ALL advice ALWAYS has been to opt-into a small minority pool (something with 1% the total hashrate is great) to combat centralization.. And it tells you the individual miners are unwilling to make even the smallest step in protecting the network because they are not using Stratum pools. *These* are the guys you think are watching the pools like a hawk to make sure they always do the right thing? Ready to pull the plug at the first glance of something weird, in seconds? These are extremely apathetic entities. Bad actors. They already make up over 51% of the network, now it just takes 2 or 3 of them to ignite the flame. Most BTC is paper-backed today. You don't need to do anything on-chain today to cash all of its value out. You could even open shorts on NASDAQ and cash out without touching BTC, bankrupting Microstrategy and mining corps and exchanges in the process. Loads of opportunity to get creative in this environment. All it takes is that moment to be more profitable than X-years of being the good guy for a good guy to pull an exit scam. Crypto used to be better than this.

Captaincdj

Keep the house, keep the BTC.

FromThePits

You can lead a horse to water, right? My grandchildren will get letters and hopefully my system will airdrop some BTC over the next 4 generations. But there's no guarantees, no matter what when you're dead and gone

anymonero

How's that a bad thing? I can swap my BTC for XMR, not miss out on gains and ALSO gain privacy? Sounds like a no-brainer to me.

AU0nyx

Been tempted but going to stay diversified to avoid putting all my eggs in one basket. Will continue with a 50/50 split between stocks and BTC for the foreseeable future.

AU0nyx

Would really depend what your strategy is. But paying of your house and having the piece of mind that one of the biggest debts you'll have is out of the way and done would be mine. And assume you'd have extra freed up cash previously used for mortgage repayments which can all go towards BTC potentially towards accumlating enough to retire early, would be my personal strategy. I envy you it's a good position to be in.

VeryThicknLong

Tbf, humans used to trade in food, animals, land, gold, money. BTC is better than all of these!

partymsl

Can he up the price of BTC fo $1M?

ATnetennba

My guess is he is no longer with us. [Archive.org](https://web.archive.org/web/20170509054939/https://www.reddit.com/r/Bitcoin/comments/6a3lvd/today_i_took_out_a_325239_equity_loan_on_my_house/) managed to archive this post before it was deleted. For those who don't feel like clicking, here is the text: >Having been a lurker here on reddit for a while and a daily BTC price checker, I have finally decided to take the plunge and go "all in" with bitcoin. >Having a terminal disease, and a penchant for making big risks (so far I have been correct most of the time) - I decided to make my newest lunge, using what equity I have accrued on my estate over the past 10 years since the 2008 financial crisis. >If bitcoin reaches, the 10k mark, which I see as a distinct possibility, or I would not have taken such a risk - I plan on moving to the west coast and getting away from all the angry people here where I currently reside. >Wish me luck, I'm going to need it. >