Reddit Posts
Do you think the people affected by the historical floods over the next five days will be buying, selling, or holding BTC?
How do you monitor positions + orderbooks across DEXs, CEXs, and other platforms?
Peter Brandt Highlights Bitcoin Price Pattern Key to Keeping BTC's Bull Trend Healthy
How do the largest hodlers of BTC store thier coins?
What percent of us do you think are hodling this way, Pros and Cons. Storage
Is it a common misconception that Bitcoins gain their value from the cost of electricity required to generate them?
BTC can't turn $1 into $10 in 2024 - yes it can, over and over
MSTR or miners for leveraged play? (and how is the halving supposed to be bullish for miners??)
BlackRock Bitcoin ETF has surpassed holdings worth over $2 billion, equivalent to more than 52,000 BTC.
BlackRock Bitcoin ETF has surpassed holdings worth over $2 billion, equivalent to more than 52,000 BTC.
Don't Get Rekt in This Bull Run: Remember the 2017 "Earn" Scams?
Don't Get Rekt in This Bull Run: Remember the 2017 "Earn" Scams?
BTCMinetrix | ERC-20 | Cloud App | Stake Tokens = Mine Bitcoin | Audited | Presale Is Almost Finished | Join Before Official Launch
Reminder: Bitcoin Was Invented to Replace the Current Flawed System, Not to Be Absorbed Into It. Stop getting excited about BlackRock and Fidelity accumulating more BTC every day, and be aware of what's coming.
I LOVE BTC logo design. Feel free to use it for any purpose. Design source files are in the comments.
Bitcoin As A Power Law: why BTC is predictable over the long run
ICYF: BTC ETFs can start advertising on Google from Today.
"Traditional" Investor here looking to diversify, should I buy a lot of BTC before the halving?
Mined BTC early, trying to figure out if recovery is possible...
Crypto Reporting (US) - Bitcoin and failing to report loses; Need help to fix this
BitcoinMinetrix | ERC-20 | Cloud Mining | Stake To Mine BTC | Audited & SAFU | Jump In Before Listing
Setting up a Node on a new N100 Mini PC, What do I need to Know?
Reminder: Bitcoin Was Invented to Replace the Current Flawed System, Not to Be Absorbed Into It. Stop getting excited about BlackRock and Fidelity accumulating more BTC every day, and be aware of what's coming.
The last deadline for an Ethereum ETF approval for the SEC is in May 2024, expect a stronger pump than the months before the BTC ETF approval
My last post was deleted: I heard you guys loud and clear
Why BTC will be sideways or downward for months..
ETF's price drop explained, and why the growing optimism!
Hey are you interested in BTC investment The BTC investment is that you will have to open a btc wallet and fund it and if you have it already then you’re already a winner What you will just do is that you will use $50-$200 $100-$300 $150-$400 $300-$500 $500-$1000 $1500-$2000 $2000-$3000
If Bitcoin Didn't Exist Where Would You Put Your Capital?
Navigating the BTC Market Shake-up: Understanding Grayscale's Move and the Dynamics of Weak vs. Strong Hands
Question about ETF -- are BTC traded or do they tend to be held?
I just saw my first Bitcoin ad on basic cable tv….
Hey are you interested in BTC investment The BTC investment is that you will have to open a btc wallet and fund it and if you have it already then you’re already a winner What you will just do is that you will use $50-$200 $100-$300 $150-$400 $300-$500 $500-$1000 $1500-$2000 $2000-$3000
Saudi Arabia to Match Satoshi Nakamoto's 1Million Bitcoin!
The previous Bull Run was pretty underwhelming.
Clarification on UTXOs / what am I misunderstanding re: consolidation?
Bitcoin Mempool Ordinal / BRC-20 / DataCarrier transaction comparison?
Have you ever wondered what Albert Einstein may have said about Bitcoin?
Have you ever wondered what Albert Einstein might have said about Bitcoin?
How long did it take you to understand why BTC really matters?
Is Bitcoin Finally Finding Firm Ground as Grayscale’s BTC ETF Outflows Calm Down?
Is Bitcoin Finally Finding Firm Ground as Grayscale’s BTC ETF Outflows Calm Down?
Joe Rogan learning BTC being the best store of value in the world 10yrs ago when BTC is 900$
1 year ago I ACTUALLY lost most of my Bitcoin in a boating accident.
BitcoinMinetrix | ERC-20 | Cloud Mining | Stake Tokens = Mine Bitcoin | Audited & Safe | Presale Is Almost Finished | Join Before Listing
Bitcoin Monthly 32 - Stay up to date with what matters
Pricing All Everyday Goods in BTC, From iPhone to Houses, Will Act as an Electroshock to Your Awareness of the Bitcoin Revolution.
Finding Remote International Jobs (Freelance or Salary) That Pay In BTC
After looking into Bitcoin for 1 month and reading A LOT of posts on this Reddit I have no clue if BTC will go to the moon or go to zero.
Does the fact that Coinbase holds custody of 8 out of the 11 spot BTC ETFs pose any risk?
Mentions
It's still permissionless and self custodial. There are always. always, going to be whales in anything that has monetary value. If you have .01BTC, you are a whale compared to most of the world. Hell if you make $30k USD/year, you are in the top 1% of the world. Rich people gonna rich.
BTC was originally designed to remove data from the blockchain and not store it forever, but the implementation for it was never build even though it's a big point of the design (number 7) and essential for making Bitcoin long term stable. The ultimate design of Bitcoin is for a large enough amount of transactions, each with a very small fee, to collectively pay for the electricity and hardware needed to secure the chain. After which the value of 1 BItcoin is directly linked to how many resources it takes to generate the electricity needed for one. Such a balance is a [nash equilibrium.](https://en.wikipedia.org/wiki/Nash_equilibrium) Two changes where made to Bitcoin to make sure that his balance is never reached. 1) blocksize is set mandatory by the devs instead of economically by miners 2) the chain keep growing much faster then just 4.2 MB of header data per year, because point 7 in the whitepaper was never implemented. So no Bitcoin is not the same. After the design, the implementation of it was hijacked before it was even completed. As a result, the goal of Satoshi Nakamoto, for it to become a peer to peer currency can not ever be reached. Once enough coins have been mined and price has stopped doubling every halving, the chain will run out of security. Hashrate will go down till it's to weak, it will get attacked and that will be that. Most likely this decline will be slowed down by changing Bitcoin so it has tail emissions. So your precious BTC has been set on a pad to make sure it can not and never will be Bitcoin.
It means using BTC as collateral, not usually paying the monthly repayments in BTC. In almost all current setups, the loan is repaid in fiat (or sometimes stablecoins) with your Bitcoin held as collateral and returned once the loan is paid off.
>Unavoidable Supply Squeeze: The total supply is fixed at 50 billion HBAR (no burning or inflation needed for security). Mass enterprise adoption will create immense, constant demand against a shrinking liquid supply (due to HODLers, staking, corporate treasuries, and ETFs locking up coins), forcing inevitable price appreciation with adoption at scale. Great post. You mentioned ‘corporate treasuries’ here and that’s something which has been on the back of my mind as well. I think it’s going to catch a lot of people off guard - we will start seeing HBAR treasury companies sooner than people expect. That’s not really a radical idea. Even Solana has a couple, and we all know it’s an absolute shitcoin. For all of the reasons you listed here, what HBAR really embodies is the ultimate future-proof store of value and means of transfer. It checks all the boxes. It accomplishes what people think BTC and ETH is going to do, and makes a lot more sense, too, without all of the downsides those two dinosaur coins have. Once we get a full council, multiple large-scale enterprise use cases pumping, and anonymous nodes, why would you want to hold anything else? What else is going to protect you against the uncertainty of the future?
I had a Ledger and won't use that ever again. All you hear is bad stories about swapping and whatever else. Tons of ads and crap too. Trezor is good. I kicked it up a notch with the Coldcard though. Never really worry about anything anymore. BTC only though but that's all I care about
She said all In So Iam abt 2 go all in on BTC paycheck Now , what's there to loose anyways 🤔
Im taking a chance on AVAX at the current price. We shall see. Im the same guy that is actually in the red with BTC, while many have done very well.
Their point is it literally doesn’t matter. You don’t “need” 1 BTC for anything outside of being a psychological whole number.
Bitcoin CAN go to zero. Maybe the chances are very low, but there is that possibility. Those that say it can't have been educated on this Subreddit alone. Protect yourself and take some off the top over time. But also don't be so orange-pilled to think BTC is the only investment worth your time. I invest in disruptive tech and it has FAR outperformed BTC for the past 2 years.
In my mind, I will use BTC as collateral if I need to, but will never sell because of it's scarcity and value
They'll never get their hands on my 0.01 BTC!
Hmm I don't want to talk past your ideas, arguement or confusion so let's talk this out 1) you ought leave something behind for your family or friends when you pass away 2) you ought live and enjoy your earning just NOT succumb to materialism That second point is to say don't just sell 1 BTC / $90k because you want to buy something cool. I think there is a better way to live. Now I understand your statements to be something like "if my investments earned me enough for a fancy car I'm gonna buy a fancy car" hopefully that's accurate My point would just be this question: why not buy an average well built long lasting car instead?
I know how it works, ive contributed code to rust-lightning and work with BTC code every day. BTC hasnt updated from sha256 because it doesnt need it. But there isnt a reason that it cant There is no “encryption” in bitcoin-core, you are either dumb or just lying for some reason (propaganda)
It's true that you can only invest in BTC if you have enough capital to invest. Separately, being on a Bitcoin standard would absolutely fix the problem of salaries being eroded by inflation. That's literally one of its core features (fixed supply).
Yeah but fuck me if you're gonna piss idk $200k into BTC cos you wanna build it what the fuck is the point if you're gonna die with it still in there
That would be nice a term interest only loan say for 4 years and keep borrowing more as BTC appreciates… I’m in
Again, anyone can easily google and see that this isnt true. You are making thing up, which is why it sounds like propaganda. BTC has added functionality before. Taproot added new primitives and it didnt create a new coin. You can google too you know… are you aware of search engines like google?
I mean firstly most people don't actually live in American. Second of all, when you're dead BTC is as useless as USD lol
!RemindMe July Perception only matters for degens and traders. Intelligent long term investors understand that: * 6-7% massive fiscal deficit spending will power the economy. * Loose monetary policy and the printer will keep liquidity and cash going into risk-on assets including debt. In the beginning BTC will recover very slowly. 2 steps forward, 1 step back. Very choppy. But once it regains footing you will see it will accelerate and become the best performing asset in history again.
eventually after BTC is recognized as a better collateral than gold and other fiats btc would essentially exit the 'discovery' phase by global financial ecosystem. at that point it will 'merely' rise up by aggregate inflation of fiats. So, you could just borrow against it for your spend and never have to sell. It will be like family estate passed from generations down.
How do you get more BTC without dollars? We really aren’t the same. You sound poor and dumb.
I'm with you. A Bitcoin sounds expensive now, but wait 5 years. Wait 10. Better get on it. Have a goal to hold at least 0.1 BTC. Barely the second inning, not too late to start. I'll soon (this month) have a whole Bitcoin+ that I self custody in a Roth IRA to leave in a trust for my kids. Proud of that. Sat stacking for myself separately.
I sold some BTC to pay the taxes on my sportscar. IT was an expensive sale 2 years later.
If you borrow and can’t pay it back, they take your BTC
Does this mean pay the repayments with BTC? Or just using the BTC as collateral and making repayments with fiat as well?
Why would you trade a fundamentally morally good and better performing BTC for an immoral and financially terrible USD? Just sell what you need to buy things to live and hold the rest in actual valuable assets
It’s just straightforward math. Idk why this concept gets perpetuated here. Btc projected growth ~30% annual or whatever you want compared to an estimated 2-9% inflation USD. Compound it for 10-20 and it will tell you proportionally how well off you’d be when btc reaches $1m. This statement is basically saying “well what happens if BTC only grows at 1% per year or what if btc went down to $70k tomorrow?” Answer: well, then you would have less usd.
Don’t believe all the manipulation bs people spew. BTC found fair price around $90k
And if all the electricity went out BTC would be completely useless.
the blockchain mining and security mechanism can't be upgraded, chiseled in stone and what a bitcoin is. That's a hard fork to another coin. Other cryptocoin do use and allow algorithms and additions, not BTC though. If a breakthrough in math or quantum computing means all coins could be mined trivially tomorrow, that would be a hyperinflation event and value would crash to zero.
You dont have to yeet it all into one thing! Cast a wider net and you wont go hungry. Think about taking the 100k and breaking it into a few buckets. Grab some BTC and some GME in one bucket, then use one bucket to grab some high dividend leveraged plays like AMZY or TSLY and you get paid dividends every friday. And next you can have your smallest bucket and buy some other rando cryptos that might pop or come back up (sol, wlfi, dot, pepe, doge, fartcoin whatever you think that has potential to gain). You should also have a bucket for fun experiences that you enjoy with your family as thats whats important dont make this one the smallest bucket! Good luck.
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Check out GitHub activity for actual development work. 1. Mina (MINA) — 3,249 commits  2. Internet Computer (ICP) — 3,004 commits  3. Chainlink (LINK) — 2,460 commits  4. Bitcoin BEP2 (BTCB) — 2,379 commits  5. Bitcoin (BTC) — 2,066 commits  6. FujiCoin (FJC) — 1,425 commits  7. Storj (STORJ) — 1,113 commits  8. ZEON (ZEON) — 940 commits  9. NEAR Protocol (NEAR) — 924 commits  10. Ethereum (ETH) — 917 commits
Yeah every BTC loan I’ve seen has a hilariously high APR, over 10%. If you borrowed a year ago, you would have lost more money than selling.
Satoshi left the project end of 2010. Sassaman criticized Bitcoin - for what it had become? Sassaman killed himself on July 3rd. Like two weeks earlier there were the first two larger heists involving Bitcoin and also the BTC price crashed 99%. So maybe he thought he created a monster?
If you never sell an asset, you have it for generations. Theoretically people are saying to just take a loan out against your BTC to buy more money generating assets to prevent taxes. But the problem is most BTC backed loans currently have high interest rates and you have a high chance of being margin called. The hope is that as adoption increases, more banks will offer cheaper BTC backed loans. But interest rates are also dependent on the federal reserve. You also need an income that can support any loan you take out against the asset. For you, if your goal is $500k, take into account capital gains taxes depending on your country. Taxes and potential upside are 2 reasons a lot recommend not to sell. Why sell all at once? Once you reach your goal, sell 3-5% a year and use that to support your income. Then hopefully over the years the price keeps going up.
A lot of people think eventually you'll be able to just buy with BTC or pay with BTC, and there won't be a need for cash. Why sell an appreciating asset for a depreciating one? Though, sometimes, this sentiment is toxic towards others, its a good possibility you wont need to sell
Just broke 1k last week! Goal is 1 BTC within 3-5 years! 😅
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you failed at portfolio management. You should never have more than 4% of your NW in one specific thing. Periodically it becomes time to rebalance. Take your profit and distribute it into other things, so when ALEX gets hacked, you dont lose so much. 4% BTC 4% ETH 4% shitcoin but then turn around and put the rest of your portfolio in a good mutual fund, and an index. So that way, at worst, if crypto shits entirely, you lost 12% and not 90%.
the days of massive Bitcoin growths are gone. unless they print like crazy, we won't see another 3x 5x per year. let's be real, we're not early, we're too late to the party. we came here for 2013/2017 gains ( which won't happen again due to massive BTC's market cap, unless they print so much money ) but what we got was 2025 gains instead.
And now you can get a line of credit against BTC and not sell (if you believe it’ll rise). Or ETH…ETH may be safer bet atm because it’s SO undervalued while BTC is being manipulated by the whales…it’s living another whole story now.
reminder that BTC had a purpose once
True and also not true. I’d have been so much better off if I’d just HODLd BTC. I did realise a significant gain, only go alll in on ETh. Because I’m a true believer. It’s still a great option, but I have to wait until the market turns. It might be 2026 and it might be 2030/31…I’ll be paying taxes soon too - probably borrow against my ETH rather than selling.
Oh yeah for sure. BTC has max 0.1% upside, while alts guarantee you 1000x.
Those imagining rate would have anything to do with BTC price were fools
Hype/mind share is the same thing. Only projects to last and sustain value is eth and BTC. Everything else is shiny toy to get more of them
When you hold BTC and it goes down apparently you've lost money, but if you hold USD and BTC goes up apparently you haven't lost BTC, make that make sense
S&P500 is up about 400% so if you invested the $100 would have about $500 today. Obviously not the return you’d get from buying BTC in 2013 but the “debasing currency” meme assumes you’re putting cash under your mattress or “investing” is a checking account.
tldr; Glassnode's analysis reveals that nearly one-third of Bitcoin's circulating supply is held by large entities, including corporations, governments, and ETFs. Publicly listed companies hold over 1 million BTC, with Strategy leading at 660,624 BTC. Government wallets account for 620,000 BTC, while US-listed Bitcoin ETFs control 1.31 million BTC. Cryptocurrency exchanges remain the largest holders with 2.94 million BTC. This concentration highlights the growing institutional influence on Bitcoin's market dynamics. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
When you set it up, you have to enter your BTC address as you're solo mining, I think that part is fine, but I also don't expect to solve a block within my lifetime.
Anyone reading this can easily verify that you have no idea what you are talking about. Bitcoin added schnorr signatures a few years ago, thats an entirely new cryptographic primitive. Why would BTC stop upgrading? Its upgraded every few months (usually small stuff, but plenty of big upgraded too) Its inflation proof because you cant print more from thing air. Every coin is fairly paid for. Its an asset without an issuer
CK Pool have 30 000 machines that mine solo. Their combined hashrate is 0.1% of the Bitcoin network. Which means on average every 1000th block is mined by CK pool. Since blocks come on average every 10 minutes. That means on average every 10 000 minutes CK pool finds one block, or one block a week. They then go on social media and make a post that one of their users, renting one of their 30 000 machines has found a block. Now if these guys where mining with 1 machine. It would mean they would find on average a block every 30 000 weeks, that's once per 580 years. These are the low ods they advertise with on social media! Wow, look one of our users who had a change equal to finding 1 block every 600 years just found a block! Amazing. But they have 30 000 machine, so every week one of their users is the ones that finds the block. And payout is spread over all their users, the "lucky" one is not getting the 3.25 BTC all for himself. So ... it's all false advertising. Renting hashrate is stupid. Having 30 000 machines and not mining in a pool is even more stupid. But it works for them because they attract gamblers that feel like their fool is above lucky, while in reality most of their users make fuck all and the little profit is for them.
They’ve always had a higher potential upside and they’ve done nothing but lose value versus BTC since 2021.
If macro improves in 2026 it will favor altcoins more than BTC from this point on IMO because alts have a higher potential upside from here
the value of BTC is in inflating currency; it absolutely is not inflation or deflation proof. It can even crash to zero in value, for the ultimate in deflation. It is only a gambling token, having worth as long as the casino is open. Can't upgrade Bitcoin, the encryption is part of its spec. That encryption will fail in the next 10 years.
> I just don't see a clear reason why anyone would invest trillions into alts. Trillions? The combined alt marketcap excluding BTC, ETH, and BNB shouldn't even be worth billions.
Diversify: Crypto - Buy some BTC, SOL, ETH for holding. Buy and stake various coins for a good APR - SOL is stable, ATOM is 16% (not guaraneed) but is a crap shoot. A bunch of other with pros and cons. Stock Market - ETFs / Stocks spread over different markets (communications, tech, consumer staples, etc) \- IRA / Roth, HSA - Same as regular investments, but there are tax breaks and other benefits. Precious Metals - How cool would it be to own a gold bar! High Yield Savings (boring, little return, but it's available anytime) That's 4 things - A decent spread of high yield through complete liquidity. There are many other options for relatively safe investments. Put \~20% in each and keep the last 20% for vegas or a family cruise and have some fun! You can do all of this yourself without paying a banker 1%, but you might want to talk to a pro for specific guidance - Pro as in a financial-related degree on the wall and some experience. In any event, I am sorry for your loss, but happy for the possibility of setting up your next few, several generations for the long term.
I bought in a BTC > 1k. I'm doing fine.
Very little progress was made for 4 years cycle-to-cycle. The only use case is trading, not real utitlity as it's just exchange of tokens versus others. Crypto is still not very user friendly. The only value I personally see could be stable coins which enable some efficiency versus doing business through middlemen. Too little tangivle product for 2.3T assets in circulation if BTC cap is excluded. I entered during 2018 and if I knew that would have been the progress in 8 years time I would not have invested at all despite the market valuations.
Yes, they should’ve been born earlier. /s What I attribute the phrase to is when you’re first exposed to it and can realistically buy it. I couldn’t have bought BTC when it first came out either, I was 16. I didn’t buy it at 25 either, instead I ended up accumulating at 31 when the price was about $55k because by then I’d actually put in the work to understand BTC and not default to “scam”. So a 5 year old obviously can’t buy BTC, but when they’re 18 let’s say the price is 1mil. When they’re 25 it’s at 2mil, and when they’re 31 it’s at 3mil. The same logic applies, don’t take it so literal.
All BTC does is be money, and that's all it should do. Everything that ETH aspires to do, Polkadot is already doing. I guess the most fundamental thing is that it's multichain by default. Bridges are standardized and decentralized and secure. It's all just built into the protocol. Compare that with ETH where they are still trying to connect all the different L2s in some reasonable way, often creating centralized bridges between networks that get hacked. Within Polkadot, launching your own chain is pretty accessible. The libraries to build a new network within Polkadot is so well refined that other projects are using the code to build networks within their own ecosystems. I think Cardano did it recently. That's kind of telling. Transaction rates are fantastic. Community governance is really good and it's all run on-chain. And JAM is likely to move the paradigm forward and offer services that no other network can provide - meaning developers will be able to do some things they've never been able to do before.
I packed my bags after holding for a year. I just don't see a clear reason why anyone would invest trillions into alts. I hope I'm wrong for the remaining baggies, though. BTC However.. 2026 could be massive. Considering that Macro conditions are what decides Bitcoins fate. And not the 4 year cycle.
Alts? They are worse than BTC LOL
Satoshi's real power wasn't the code,it was the 1 million BTC that remains untouchable.The ultimate holder🔥
I recently got the run down on DOT from a rando pumper newsletter and some of their info was interesting. Can you explain what DOT actually does that’s different from ETH, and BTC, as basic stores of value? Just looking and trying to get my head around some cryptos so I can take a few well educated chips and toss them into the void one day.
Guys. Its a top ten coin worth 15BB at the time of posting. Its fortune 500 by revenue. Im not sure what people mean by, "what happened?" What are your expectations? Usurpation of ethereum/BTC is just not, currently, feasible
I’ll sell you some physical coins at half the current price (~$45k) https://gadgetmaster.eu/hpeciai/48c61123543f51d1a7a70e4962409363/eng_pm_Bitcoin-BTC-in-plastic-case-1951_8.jpg
From an Elliott Wave point of view (without going too deep): The insane euphoria in 2021 likely happened during the strongest expansion phase of the cycle — what EW calls Wave 3. That’s usually where momentum, narratives and optimism peak all at once. The current upside feels different because late-cycle moves (Wave 5) tend to be more technical than emotional: price can still go higher, conviction is weaker, fewer new participants, more caution, more disbelief So if it doesn’t feel like 2021, that’s kind of the point. Not every rally is supposed to feel euphoric. BTC did what it was supposed to do: new ATH in Q4 - cycle theory still looks intact. And a ~$125k+ top this cycle is perfectly reasonable all things considered (diminishing returns, etc.)
Time will tell. Thats why i said its not inevitable… obviously it will need to be continually upgraded, just like regular https / ssl / browser standards. Im willing to bet we’ll still be able to securely login to online banking in 10 years. Bitcoin has upgraded many times, no reason it cant keep going BTC is absolutely inflation proof. The hard cap of 21 million is enforced by regular node runners around the world. Unlike USD or cryptocurrencies, there is no team or leader behind BTC that has unilateral power to change the supply schedule. Its in the hands of regular people
>I'm glad to answer any questions you have. If I get time, I ought to write a FAQ to supplement the paper. > >There is only one global chain. > >The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling. If you're interested, I can go over the ways it would cope with extreme size. > >By Moore's Law, we can expect hardware speed to be 10 times faster in 5 years and 100 times faster in 10. Even if Bitcoin grows at crazy adoption rates, I think computer speeds will stay ahead of the number of transactions. **Yeah, it does, he explicitly mentions Visa and the carries on to explain how bitcoin can already go further than that. He doesn't mention gold and how BTC will be worth much more while used less each time.**
Inflation is a natural result of a growing economy, some here need a basic economics education. BTC is not inflation-proof, it's value is volatile as any speculative investment. It is not even money, it fails all the tests of money. In a decade advances in math or quantum computing will render BTC worth zero as mining becomes trivial and the security broken. This is the natural end of any gambling token when the casino goes out of business. Play the game now but it will end, don't be a bag holder.
So if you win, what guarantees that you will get the BTC? How are you sure that of you win they will tell you? And under what laws are they obliged to give the bitcoins to you?
Both BCH and BTC are flawed for their original purpose. Obsessing over them being exactly something, when they can't be is pointless (a day to day currency needs to be stable, a currency that fluctuates more in a week than many fiat in a year is not suitable to price things). A future where cripto is of common use will arrive, but it will be under drastically different technical fundamentals, and unfortunately also likely be heavily dependant on a government for their value anyway. People forget BTC creators were also humans, not even the brightest.
You don’t understand - being a “millionaire” doesn’t mean you have one million USD. Yes, there are enough rich people with enough cash or access to liquidity to make BTC go parabolic. But not every millionaire has access to $90k to dump into BTC. So, not every millionaire can afford to buy a whole coin at $90k
I sent money to a random guy on the internet. Turns out it wasn't a scam. Unfortunately, since I first tested with a little bit of money and doing the main purchase BTC price doubled.
It's called the up and down BTC pattern
Actually you earn minus BTC because it cost money to run it! (Although very little money) I have one of these too and I enjoy having it on my desk.
I think your 401k mention is important to his point though. With Blackrovk and Vanguard among others now offering bitcoin etfs. Someone that wants a portion of their retirement in BTC is becoming more and more feasible. I think this is his point really.
Are u new here? Inflation is a tax on poor people (because rich own assets amd inflation shows mainly up in asset prices like stocks and real estate). For most of human history money has been inflation-proof (gold). But recently money is controlled by a central bank, who is basically working to transfer money from poor to rich. From farmer to bomb builder. Wars used to require a “war tax”… now they just print money, and poor people pay for it over decades. BTC is an inflation-proof money. It will force central banks to stop printing with impunity. We are in the first stage of that process
I don't think it was one person, more like a team off devs who made the BTC.
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This is why I sold an investment house to buy BTC last year. Others are catching on to what's actually scarce, secure.
100% agree. And it is good that developers are already working on post-quantum encryption. There is a race happening right now, figuratively and maybe literally. That race is this: on one side we have a hostile foreign entity, a bad actor. On the other, we have cryptographers. The bad actor is racing to create a quantum weapon. Something that can be deployed to disrupt the global monetary system and financial markets, or just a sovereignty in general. The cryptographers, are racing to defend against that attack. Now, if the bad actors win this race, my point, is that BTC will be the least of our worries. That is all I'm saying here.
How do his thoughts on BTC align with his thoughts on gold? That would be interesting to understand.
Man that is 100% spot on. I made the mistake of owning too many alts and not enough BTC. I am kicking myself
Congrats, my man. I just finally hit .1 BTC and I feel great about it
No not exactly.. if BTC have a cycle low (and check in with the 200 WMA) in 2026 and able to reach new ATH also in 2026. Then you have completed your bear cycle and the 4 year cycle is still valid.
As of today, it’s around $90k. I can see the price going down to 85k again before we go up to around $98k-100k by the end of year or early Jan. I definitely see BTC hitting ATH sometime in 2026
I was replying to the guy that said less than one million Americans make 1M+ just stating that doesn’t take away from there being millions of overall millionaires in USA. You don’t need nearly that amount yearly to become a millionaire or be considered a millionaire on paper. I guess in the USA it’s harder to hold over 1m in liquid assets that truly make you feel that “rich” because even if you hold the most liquid stocks bonds or etf if its in your 401k you’re kinda screwed until 60yo vs a Canadian tax free savings account that can be withdrawn from tax free and redeposited the following year. But to counter the real estate argument, if someone has over 1m in equity they can likely access that cash with a heloc while retaining ownership and eventually regaining that equity they converted to cash. If doing so to buy BTC Unless buying at peak prices it’s highly likely the BTC return blows your heloc interest out of the water. It’s just that over 80% of “millionaires” in America are aged 50+ ie near retirement age and no longer have the appetite for risk needed to hold bitcoin long term when their multi million $ stock or real estate portfolio kicks out hundreds of thousands a year with much less risk and tax burden
GME is a dead company and has been for a long time. Any pump in the stock price will get diluted to shit and pay off the C-Suite. We've seen this a few times already. Bitcoin will protect that 100ks purchasing power. 10 years from now, you will look back and thank yourself if you bought BTC and transferred it to a cold wallet
Why would they want one bitcoin? A better way to look at this is if everyone started to invest 1% of there net worth in BTC. How much would be needed?
BTC/USD and BTC/BRICS **Brazil** | Date | BTC/USD | BTC/BRL | |------------|----------------------------------------|----------------------------------------| | 12/13/2017 | ███ $16,529 | ██ R$53,897 | | 12/13/2018 | █ $3,356 (-80%) | █ R$12,869 (-76%) | | 12/13/2019 | ██ $7,225 (+115%) | █ R$29,918 (+132%) | | 12/13/2020 | ████ $18,994 (+163%) | ███ R$98,644 (+230%) | | 12/13/2021 | █████████ $48,405 (+155%) | ████████ R$267,199 (+171%) | | 12/13/2022 | ███ $17,484 (-64%) | ███ R$94,303 (-65%) | | 12/13/2023 | ████████ $42,174 (+141%) | ██████ R$211,608 (+124%) | | 12/13/2024 | ███████████████████ $100,752 (+139%) | ███████████████████ R$612,987 (+190%) | | 12/13/2025 | ██████████████████ $90,177 (-11%) | ███████████████ R$489,640 (-20%) | | **Since 2017** | **$90,177 (+446%)** | **R$489,640 (+808%)** | **India** | Date | BTC/USD | BTC/INR | |------------|----------------------------------------|----------------------------------------| | 12/13/2017 | ███ $16,529 | ██ ₹1,063,304 | | 12/13/2018 | █ $3,356 (-80%) | █ ₹240,056 (-77%) | | 12/13/2019 | ██ $7,225 (+115%) | █ ₹510,732 (+113%) | | 12/13/2020 | ████ $18,994 (+163%) | ███ ₹1,398,949 (+174%) | | 12/13/2021 | █████████ $48,405 (+155%) | ████████ ₹3,670,413 (+162%) | | 12/13/2022 | ███ $17,484 (-64%) | ███ ₹1,441,231 (-61%) | | 12/13/2023 | ████████ $42,174 (+141%) | ████████ ₹3,511,869 (+144%) | | 12/13/2024 | ███████████████████ $100,752 (+139%) | ███████████████████ ₹8,545,734 (+143%) | | 12/13/2025 | ██████████████████ $90,177 (-10%) | ██████████████████ ₹8,168,233 (-4%) | | **Since 2017** | **$90,177 (+446%)** | **₹8,168,233 (+668%)** |
| Date | BTC/USD | BTC/BRL | |------------|----------------------------------------|----------------------------------------| | 12/13/2017 | ███ $16,529 | ██ R$53,897 | | 12/13/2018 | █ $3,356 (-80%) | █ R$12,869 (-76%) | | 12/13/2019 | ██ $7,225 (+115%) | █ R$29,918 (+132%) | | 12/13/2020 | ████ $18,994 (+163%) | ███ R$98,644 (+230%) | | 12/13/2021 | █████████ $48,405 (+155%) | ████████ R$267,199 (+171%) | | 12/13/2022 | ███ $17,484 (-64%) | ███ R$94,303 (-65%) | | 12/13/2023 | ████████ $42,174 (+141%) | ██████ R$211,608 (+124%) | | 12/13/2024 | ███████████████████ $100,752 (+139%) | ███████████████████ R$612,987 (+190%) | | 12/13/2025 | ██████████████████ $90,177 (-11%) | ███████████████ R$489,640 (-20%) | | **Since 2017** | **$90,177 (+446%)** | **R$489,640 (+808%)** |
But if every millionaire tried to buy a BTC demand would skyrocket and so would the prize, that's the point