BTC

Crnorukac

Do your job. Pay bills on time. Don't waste money on things you WANT. Buy things you really, really NEED. Put rest in BTC. It doesn't even have to be every month, or same amount always. Depending on the situation. Long term, DCA wins. Good luck in stacking sats.

Cryptocaller

And? Since 2017- I’m 70% BTC, 20% ETH, 10% Everything else… Things are great. Your shill bags are lame. 😒

RANEDJ

Tommy Gun Time $BTC $GBTC ;-)

user_name_checks_out

> When BTC becomes the number 1 asset in the world and the currency of the world, Michael Saylor will be holding 10% of the entire supply. This is a weird statement. The price of bitcoin does not affect the size of your stack as a percentage of total supply. Also, I think you may be confusing Saylor's stack with Strategy's. Saylor owns ~17K bitcoins. Strategy holds ~650K bitcoins.

82_AK

OP I do know what you feel althpugh my average price is lower but surely I could get more when the price dropped at $90K-$85K. You never know when it is the best time to get BTC and not only it.

Actual-Stuff-513

Does it make a difference if people know how much you hold ? I mean you are commenting here, looking at your profile you seems to hold for years so I guess you are holding enough BTC to attract scammers/hackers or whatever..

user_name_checks_out

> Back in 2009, my friend was talking about buying 20,000 Bitcoins at 15 cents each. That strikes me as unlikely. There was not even a market for bitcoins in 2009, nor any established price. Only a handful of people were using bitcoin, and any exchanges of bitcoin for fiat were conducted on an ad hoc basis. [TIL: The First-Ever Bitcoin-to-Fiat Sale: 5,050 BTC for $5.02 in 2009](https://old.reddit.com/r/CryptoCurrency/comments/16kzhvm/til_the_firstever_bitcointofiat_sale_5050_btc_for/) > Have you heard the story of Martti Malmi and the first Bitcoin to Fiat sale? > In the early days of Bitcoin, when it was more of an experiment, Martti Malmi, a lesser-known figure in the market, made history. Back in October 2009, when Bitcoin was still a niche concept, he executed a transaction that saw him exchange 5,050 Bitcoins for a meager $5.02. It was the first time Bitcoin had value in fiat terms instead of being a collectible when NewLibertyStandard bought 5,050 BTC from Martti to start the world's first Bitcoin trading service, equating to roughly one tenth of a cent per bitcoin. What wouldn't even cover a Starbucks coffee today? However, he marked a pivotal moment, proving that Bitcoin had real-world value and could be converted into traditional fiat currency.

xarips

When BTC becomes the number 1 asset in the world and the currency of the world, Michael Saylor will be holding 10% of the entire supply. Saylor is literally the King of the Universe

Realistic_Fee_00001

>there are reasons why it can be manipulated and people lose their money. Absolutely NOT. BCH is as safe as Bitcoin BTC. They have the same track record. If anything BTC is less safe since you can actually double spend it with RBF and people have lost coins using the Lightning Network. But you hear a LOT of misinformation about Bitcoin Cash and maxis really like to slander it.

Leather_Drive_8920

Got to 0.08 BTC during this volatility. Kinda happy about it ngl.

MechRxn

Now, I’m no expert or anything, but isn’t it likely that the inflows were higher because of its opening and people looking for mild exposure here? What technology does BTC actually provide? It has shown in the last month that volatility reigns supreme dropping >20-25%. Has the stock market dropped that much? The economy? The price of gold? BTC is a highly speculative asset at best, and is gambling right now. It has high risk of loss compared to banks, compared to paper cash, compared to physical gold….and no one wants anyone to see their transactions yet the blockchain clearly displays this. I’m sorry but there is nothing world shattering in the tech of BTC or crypto for that matter, it is not a store of value

chocochiphoneydip

if the fed has to cut, that means people already need the money. there is a major lag effect to consider. IMHO retailers view BTC as a shortcut to wealth. out of apathy, desperation, or blind faith. when people are this desperate and willing to believe this will make them rich it means the downward fall has already begun.

Aggressive_Spell2314

If you look at the last 15 years, the only true asset worth hodling is BTC. Everything else is pure short-term gambling. The longer people are in crypto, the more they realize this

MechRxn

I read a fun theory that they have access to an early wallet with a significant holding of BTC, and if they were to disclose this it would crash the market. Was a fun rabbit hole

menagoldman

you assume everyone sees = values in the same things. also, for older folks, the technical details of buying and holding BTC can be challenging (remembering pass phrases, etc.).

Intelligent-Hat6087

When will you learn to stop buying garbage and only buy BTC?

steelchairframe

That is because Blackrocks product is labelled as a SPOT-ETF. This means that it is the same price as BTC and has an underlying asset attached to the product. People are sometimes confused with understanding Blackrocks spot WTF and futures products in which the product is a contract price at a given point in time for the given asset but does not need to have the underlying asset. Futures are used as finance instruments for speculation but have very real implications for businesses as they can lock in a product like oil and know what their costings will be for the future of the contract. Food for thought in why people post this garbage I guess.

Capital-Trouble-7993

Jaime Dimon once called BTC a fraud. Who is the real fraud now lol

DryMyBottom

don't know and don't care, I only buy and hold BTC without touching all those other shitty alts

trx-repo

It's risky to look at unit price alone. Just because a coin is cheaper doesn't mean it's easier for it to 5x. You have to look at the market cap. That said, if you want stability, go heavy on BTC. If you want to gamble for that 60k target, maybe split it 70/30 between BTC and SOL. Just don't put money in that you can't afford to lose.\]

Omnislash99999

Just like in April the drop was triggered by an orange 5 year old spooking the market and nothing to do with BTC fundamentals so it was inevitable as the broader market stabilized again so would BTC. Some people are so obsessed with manifesting cycles and ignore what's happening with all the other assets out there

BuddahFi

The fully dilluted mNAV is actually below 1 now, meaning if all preferreds and debt were converted to shares, they still now own more BTC than their company valuation.

RANEDJ

Me Too $BTC $GBTC 21 Milly Club

nitroacid411

Support is in this week. Check out some interesting changes. *** Current News (1 to 7 days) *** - 3.2 trillion market cryptocurrency cap exceeded - $90,000 k Bitcoin - Gold (perspective) - $3,000 k ETH - Silver (perspective) China/USA trade tariff deal Russia/Ukraine war peace deal Artificial Intelligence AI: - Nvidia down $195 -> $170 20th-25th November - Remember Deep Seek fears from China competitor - Nvidia challenged by Google Gemini buyers from Meta data centers - Big 7 AI are opening up more companies and this will not continue to be the only 7 in this stock market Federal rate cut: December 10th: - November rate cut no effect on cryptocurrency - USA bonds backing BTC - Cheat Sheet in 11/26 (Greater > 6.5 trillion is the number) - Jobs - Cartels were liquidated last week and during the month of November - Drop 30% - China #3 worldwide miners of cryptocurrency - China eyeing opening the ban since 2021 - Russia open for cryptocurrency - Russia sold bags to pay bills - can't pay soldiers Public moves: - Andrew Tate liquidated 700k+ - Baron Trump longs opened 50m+ - Garrett Jin longs opened 200m+ Imagine the people NOT showing their cards in poker? How many of these people are you or connected to your investments? - Michael Saylor holding even at a close 74k topple and explains the 12 year cycle not 4 year - Tommy Lee holding ETH on the dump - Robert Kiyosaki is not a crypto investor - A real estate mogul yes, not crypto, he sold - JPMorgan Chase - Bitcoin bond What have you seen in the past 1 to 7 days. Ask yourself? Ask your team? Time to invest or sellout? Watch those %'s and gains or loses. It's showing a lot of data.

Jonyesh-2356

People sell coz they put in the money that can’t wait for that long hoping for a quick flip 😎✌️really bad strategy for BTC

Constant_Cap8389

My concern with Strategy is that the egregious leverage used to buy much of that BTC is only sustainable in a prolonged bullish market. Even at this price point, I'm not sure Saylor has that much runway to pay those fat premiums.

ItalianFrogPuncher

I just started investing into crypto and BTC as a whole about a week ago. Put in a little 100$ because I noticed the huge dip and thought “that’s funny I’ll throw in a couple dollars” and now I got 4 whole bucks 🗣️🗣️🗣️

DryMyBottom

are we green because the orange man tweeted about buying BTC?

JustKiddingDude

Or: BTC is not a bubble, but the economy is on the verge of tanking and there’s no way risk assets are not going to be affected by that.

RANEDJ

Nah I bought @ 7500 BTC gonna sell by December

DryMyBottom

BTC looks strong this morning

longonbtc

No, that's not how Bitcoin works. The maximum supply of BTC would not change even if 99% of the hashrate wanted to increase the maximum supply of BTC. Increasing the maximum supply of BTC would require a hard fork and that would create a new altcoin with its own separate blockchain, but only as long as some cryptocurrency miners are willing to mine this separate altcoin. Bitcoin would still exist with its own separate blockchain and nothing about Bitcoin would have been changed. In fact, this has already happened many times. There have already been more than a hundred altcoins that have been created by forking off from Bitcoin.

FnAardvark

No, MSCI is considering making a rule that would remove treasury companies from the index. JPM made a report warning that if MSCI did that, and other indexes followed suit, MSTR could be removed from the Nasdaq 100 So, no they aren't shorting MSTR, they aren't trying to remove them from indexes, they aren't attacking MSTR or BTC and nobody in these subs knows how to do a basic Google search.

Oddsee

Fair enough, normally I wouldn't wish someone luck shorting BTC but good luck.

keepcalmstackon

The highest it will go from what I think..not now 100% because no one does. 125k if that and it will go back to testing 70k levels by summer time next year. Going to play with stocks and take whatever gains I can to buy some BTC when everyone is in the fearful /disbelief/ anger phase

ippleing

Bull trap to 95k, then sideways/down to 65k by February. But again, I'm long BTC.

VariatCA

Another day of positive ETF inflows, though the net change of +$21M was smaller than I thought it would be, considering BTC's price gain today. Though several of the ETF's are reporting "0.0" for daily change. Blackrock ended up +42M, which considering Ibit did 3.3 Billion in total price-volume in trading today, shows it's still a close race for their clients. Though perhaps their outflows are running out of steam after having sold $1.8 Billion worth of Ibit since November 12th. I guess ETF's really are "Retail" after all; institutions have bought the dip from Nov 20th while ETF's are slower to pivot. Since they did over -$900M in outflows on the 20th, Bitcoin has increased around +13% from the bottom, and ETF's have only purchased $227M since November 21st (last Friday).

balls2hairy

Buying MSTR for BTC exposure instead of buying BTC, shows, AT BEST, you're too fucking stupid to learn how to use a fiat ramp lmao. At worst you think somebody ELSE holding BTC will make profits for you exceeding the gains of the underlying which is so fucking stupid they don't deserve their money anyways.

Beaesse

Look, I fully, 100% believe BTC is going up past 200k, past 400k, past 800k... in time. But it's 90k right now. Why are you doing a smug victory lap when it's still down by 1/3 from recent highs? This isn't a recovery (yet), and you sound exactly as foolish as the people that legitimately think it's going to zero.

RealPrinceZuko

Crypto will come back again once the technology of the block chains is actually valued. In order for that to happen, it needs to bring in real users. Companies need to be able to utilize the chains to make money. Businesses need to be built around them. Basically, web 3.0 needs to take shape and become adopted. That's my opinion. There is so much power being held in a handful of institutions, and while it's great for the small majority of people that hold stakes in those institutions, most people don't have that same fortune. Web 3.0 and crypto offers a reset for everyone, but the problem is there's so many scam/meme coins that provide no actual value and are just pump and dumps. It's not even gambling anymore, you're just donating to scammers/developers. Just my opinion, BTC and ETH will continue to hold and grow as the money supply expands, but all other projects will hurt until web 3.0 becomes mainstream.

SackEmBruh

Supposedly they had a massive short on MSTR and if BTC pumps they would "go bankrupt" lmao

NochillWill123

Whales and OGs BTC is getting bought up quick

Seba_Ci

BTC weakness for the whole year is even clearer if we compare it against EUR and gold.

soks86

Write it out in percentages. BTC inflation is lower than any other money or asset. Stock to flow maximized. New supply doesn't really matter and so halvings don't matter as much.

KeeslerCondoChief

Most folks that are smart, move their BTC off exchanges. Right now you can get a BitKey from BitKey.world and save $50. They are $99 and are safe, secure and easy to use. Highly recommend.

TerminatedPotato

Will BTC ever be used as a currency? Idk, probably. It kinda feels inevitable but I can't see the future. When do they withdraw? Ideally when they need to. If they spend just to live life I don't see the problem as long as they're responsible. Capital gains tax currently applies but I hear that might get phased out. I might be wrong about that.

Strict_Alps_1304

you need at least 2-3 BTC to have good money, not even "life changing"

TerminatedPotato

I don't pretend to be a Bitcoin expert but a lot of people keep their BTC on exchanges and honestly they shouldn't. Cold storage is the gold standard to keeping your investment secure for any significant amount imo.

danperegrine

its not insane to imagine that we may be on the other side of the prominence of the halving cycle. Only slightly more than 1Million bitcoin remain to be mined while more than 1.4million bitcoin are held just in ETFs and another 1.7+million are held by public companies and governments. Much of the bitcoin being mined is mined by companies that are hodling their bitcoin and paying for expenses with debt and equity, meaning that bitcoin does not reach the market. One of the primary mechanisms through which the halving cycle has impacted the market is through a reduction in volume for natural sellers (old school miners). A reduction in supply. The majority of market supply at present seems to be whales diversifying their own asset allocation by reducing the dependence on BTC. If most market supply is coming from old wallets vs mining then the extent to which mining is the determinant of price is questionable. Rather, price as determined by market supply is the primary determinant of how much hashing power can be profitably deployed.

Live-Distribution995

Here in South America, we're part of the Western world too... and today, with just one BTC in ours countries, you can buy a big, beautiful house next to the beach...

Live-Distribution995

I think it's possible...who would have imagined 10 years ago that in 2025 BTC would be at 120k...I think the future can surprise us...

Past-Young2217

Deregulation with current administration? Crypto has never had more friendly admin and upcoming bills will continue to solidify. BTC is going to melt faces in next 3-4 months

danperegrine

I added this in an edit so as you may have missed it:   \> if you're in the US the first $7500 you buy annually should be purchased through an IRA as this is the legal maximum. BTC purchased through an IRA are not subject to capital gains taxes. Based on your current allocation this would be the first 35 weeks of buys. There are platforms that allow for multi-sig self-custody of your IRA bitcoin.

ScallyWag-Idiot

Damn. BTC might have a long way to fall still if the state of Texas is buying.

devCheckingIn

I never trust these BTC pumps while alts are steady or bleeding out. Means the money's not flowing into crypto per se, it's just some whale buying.

ProfessionalNaive601

I’ll sell you $25 of BTC

flux8

I agree. Cryptocurrency was about leveling the playing field. Instead, we’re getting the same gap as we had with fiat currency. In which case, what’s been accomplished. This is a good argument for fanning out into alt-cryptos. It’s time to take the ball and go home. Let the big guns own BTC all to themselves and see where that gets them.

ccModBot

Thank you for submitting to /r/CryptoCurrency, Your post has been removed because the topic you posted about (BTC) is already at the limit of posts allowed in the top 50. You may post it again when the topic is no longer at the limit. ---[**Click here for a link to view the current limits**](https://www.reddit.com/r/CryptoCurrency/wiki/topic_limits)--- *I am a bot, and this action was performed automatically. Please contact the [moderators of this subreddit](https://www.reddit.com/message/compose?to=%2Fr%2Fcryptocurrency) if you have any questions or concerns.*

TheProtagonist67

I'll sell you 0.0006BTC

Notrustjustverify

Exactly. Stocks and dollar is the biggest scam because they are just paper claims that can be manipulated by the government and centralized institutions (like corporations).  See the history of fiat, it has always been a dying game. BTC is immutable, decentralized and the hardest money ever known to humanity. 

iAm-Tyson

This all hinges on the gov/fed decision to go massive QE and stimulate the economy instead of facing a nasty recession that is brewing. My bet is this administration will want to go that route and cause a massive melt-up effect in assets and people will go apeshit on crypto again. Leaving us with a 240k BTC among many other things.

VariatCA

>Days like today show why BTC tends to have consecutive +3-5% days during prior periods of momentum reversal. >Even with another green day for stocks, the Nikkei being up tonight and Futures looking positive, there was still over $3 Billion more fresh Short-position volume opened than Long-positions in the last 24 hours. >They keep greedily piling on trying to hold it down, but when market sentiment continues to trend upwards, those shorts turn it into a powder keg. I brought this up just yesterday, and we're seeing the effects today from what happens when Shorts continue to pile-up even in the face of a reversal and mounting buying-pressure. Like trying to build a dam in a raging river, eventually it's going to give.

Kage_noir

Funny enough crypto only worked when people put money in to pump the bags. Otherwise it wouldn’t be worth much. It do find it funny that people still think crypto can be valuable without a relationship to something tangible. Be it gold or stocks. BTC as a store of value only works if people exchange valuables for it

Every_Sugar2120

I think the bear market was a good thing because of all the new holders of BTC got to experience the "just another day in crypto" feeling. The next bear markets will get shorter and shorter because as BTC increases people would be more confident in BTC

FnAardvark

Yes, because a random tweet with no sources said so. It makes total sense too that they would think BTC is going to go down when they announced their structured note that pays 1.5x leverage in IBIT today. Oh wait....

Yoyoma1955

So there is no trust between peers in a forum like this to make a BTC transaction? Possibly because of scammers and the advancement in their technology?

Cedarapids

Still have same amount of BTC as you had when you bought it.

Lina-Lin1987

One day in the future, perhaps one BTC will be enough to free you from life's worries

Blockchainauditor

Learning about Bitcoin - visit the sister subreddit BitcoinBeginners Making money to earn or pay for BTC - that's another story. You can earn some small amouts to get started at sites like Cointiply or FaucetGamers.

Lina-Lin1987

I hope we can learn together and exchange experiences. I believe BTC is the most valuable currency of the future

Certain-Rhubarb-9156

I understand that some people got spooked because of the recent OP_RETURN wars. But btc will not be zero, with the condition that the winner is the one who cares about maintaining the function of BTC as monetary data, not anything else. Focus on your craft, save in btc.

Any-Beyond-4934

Can someone do the math and check the lowest possible BTC price with the lost btc?

MADD-Scientis

Are yall serious? If there was a sudden buy order for 11k bitcoins the price would shoot up. That’s a little less than the number of BTC traded across all exchanges daily.

BillyBobBanana

Polkadot will rule the world, sell all your BTC for it

70InternationalTAll

$50/day @ 8am via Strike. Highly recommend switching to Strike as it's the easiest to setup DCA and buy Bitcoin + no fees on the 1st $500 spent if you join via my referral link: https://invite.strike.me/ULC4LH It also has a tiered fee system where the more you spend per month the lower the fee is. I also have it setup where 30% of my checks auto convert into BTC every payday so that's another $1845/bi-weekly from the paycheck.

Yoyoma1955

What if BTC secret sauce was the community? People like me and you AmpEater and you oki_sauce? For example, if you guys have anything of value you would like to sell me I will gladly send over some BTC for it. Isn’t that the point? Let’s get some at bats let’s get some transactions.

Adept-Ad-738

Banks / authorities are starting to become increasingly scared of bitcoin - because they are facing legitimate liquidity crisis’s. I can’t stress this enough. People should be getting their money out of banks and into other assets right now - because money is getting devalued very quickly / banks are struggling with people taking out their savings and storing those savings in more stable assets (literally). This is why they’re panicking / trying to get people to give them their BTC now

Missingyoutoohard

BTC having a parabolic arc.

PeopleNose

BTC follows markets Those markets go all over the place--especially lately. Markets aren't predictable when lots is unknown about the current state BTC's transparency is a saving grace, boys Watch

Easik

BTC is scarcity in a digital world. There is no barometer for scarcity, stable coins and even tokenized gold can be created endlessly with no guarantee that they are backed by redeemable assets. BTC cannot be created without a significant amount of power at this point, so it's back by the mining network and resources used to secure it. Ethereum on the other hand is not unique. There are thousands of alternatives to it and the developers could pivot tomorrow.

Longjumping_Daikon44

My use for BTC is that I don’t trust that the us gov will stop inflating the dollar devaluing my money where BTC is finite store of value, to me it’s good that I can bring anywhere in the world

Exotic_Self7714

Does venmo do what BTC says it will do . 

brucekeller

The Fed is already stopping QT on Dec 1, that's a real good sign. Whenever it does QE again, BTC will almost surely skyrocket. Stopping QT isn't exactly the same as doing QE again, but it signals that QE definitely isn't out of the picture. Recently, Yen rate hike talks fading also helps, because the Japanese carry trade is pretty much a cheat code for massive amount of liquidity.

Background_City2987

Those are bitcoins that Santa is throwing, showing an "abundance of BTC" which would not be true. The picture represents better what I think during a dip. You can get more units

KyleBr7

I'm surprised this only has 3 comments. I've read the proposal and it's huge, regardless of whether or not it's passed or even ever voted on. I've read the draft of the bill and one thing is clear - it creates incentives for everyday Americans to give up their BTC so that it can be held by the government. One of those incentives is where the bill proposes for Americans to be able to pay their federal taxes in BTC, and such payment would not be considered a taxable event. So, let's say you buy $100 worth of BTC, and it grows to $1,000 over the course of a few months. Naturally, if you were to sell it you would owe taxes on $900 in capital gains. However, if you use the $1000 worth of BTC to pay federal income taxes, you would not be subject to such capital income tax. The BTC payment for federal income tax would then go to US BTC reserve and the US would hold it for at least 20 years. As a result, less BTC would remain in circulation and fewer citizens would be able to hold it. There are certainly some parallels with the executive order 6102 in 1933, albeit not as severe, at least for now. Although many state that the likelihood of the bill passing is relatively low, it appears that there are at least some suggestions that it would be best if the government attempts to hold the bulk of the available BTC. Just curious about everyone's thoughts. And the bill is worth reading.

Humphrey-B-Bear

Stablecoins are not an infaltion hedge. They are merely an (arguably) superior way to transact FIAT but utilising the blockchain. Because they are pegged against FIAT (USD) they are subject to the same influences such as inflation, monetary debasement and corruption. BTC does enable digital transactions without the use of a centralised intermediatary (which is vastly suprerior to stablecoins) however it's most usful use case is as a store of value. Unlike FIAT that can be printed to infinity, there will only ever be a fixed supply (21 mil) of BTC. So it's value can never be diluted.

Public-Bat-8022

Always dollar cost average into your positions which means put in between 10-15% of your total investment in once a week once a month or whenever works best for you. Only buy on RED days. You buy pullbacks and sell pumps. Never buy green and never sell red (buy low sell high). If you have 10k to invest, buy BTC ten times with 1k and every time it dips below 100k buy, below 90k buy below 80k buy etc. the lowest I think BTC will ever go again is probably the old all time high at 69/70k. Anything between 70-90k is a decent long term purchase (5-10 years). Good luck

Public-Bat-8022

Whether BTC holds that 112 or dips to 70s, alts are currently stronger than BTC for the first time in a long time this cycle. BTC dominance has dropped significantly bc money is rotating into eth and alts but not all alts like the 2021 cycle..good solid alts like Chainlink, Solana, etc

Top_Limit_

BTC Down? “I’m NOT FKING LEAVING!”

Dayo22

Slow and steady wins the race brother ! I’m sure you have some friends and family that don’t own any BTC at all . Just think how much further ahead you are than them !

Public-Bat-8022

No, it’s called a complacency bounce. Nothing drops or goes up in a straight line. Probability wise is this: 65% chance of BTC going to 97-110k then dropping to mid 70s for 60-120 days and resuming bull run in Q1/Q2 2026 and 35% chance Bitcoin somehow gets more steam than expected out of the bounce and it holds key levels above 112k for multiple daily candle closes and then new all time high by late dec/January. This bounce was expected. It’s whether the dip was a bear trap or the bounce is a bull trap. Neither are confirmed until we see the levels it holds on the bounce. Good luck

Mean_Income_6817

Check my Reddit Bio for referral codes Ive had it for a month now and so far I like it a lot. I’ve heard negative stuff about dealing with customer support, but other than that I’ve only heard good things. My favorite part is that over time your rewards have the potential to really add up since your basically dollar cost averaging into the crypto of your choice with the your rewards. I get BTC. Depending how much it goes up over the next ten years it can really add up over time. New users / Credit card applicants use the link in my Reddit Bio to sign up and receive 50 dollars in the crypto of your choice after your first purchase. Then you get 200$ in crypto of your choice if you spend 3k in the first 3 Months. (Both links are in my Reddit bio) New and existing users who signed up without a code use referral code link in Bio or the code below Don't miss out on $50 in free crypto. Sign up for Gemini and trade at least $101 to earn $50 in the crypto of your choice for a limited time. 74mz8e7hp

TechnologyMinute2714

If you aren't aware literally everything else is up more than BTC, even when they make new highs doesn't mean there isn't relative strength or opportunity cost. LITERALLY everything outperformed BTC even during that rise, including basic treasury bills. So like you said crypto markets are more mature so they don't have to dump -80% every time but even going sideways while everything is up massively is still a correction in some sense. BTC returning less as it gets bigger will obviously be true but that also doesn't mean we're the new exit liquidity or we will dump back to oblivion.

croatiatom

But it it’s going to $150k, $250k, $1M etc. if BTB bugs see BTC as limited and inflation hedge, why spend it instead of fiat?

Nelsonsrightknacker

I am fully aware of this (JPM aquiring BTC) glad you are too. No denying the short as it has to be declared. Got to seize/grab those assets because printer go brrrrr very soon. MSTR was/is the key and mnav means shit now. It's fine, JPM never doing anything illegal you can trust them. (Don't google JPM fines)

Club-Loud

The day chart on BTC does look quite sketchy when you zoom out

TechnologyMinute2714

They're saying if BTC drops below $59k then their collateralization would drop below %100. Even at BTC at $5.9k they would still have %98.69 collateralization though and would easily can get to %100 with their treasury bond yields (their main holdings are less than 90 day short term treasury bills). Nothingburger

quackl11

10-12 BTC

DivyLeo

no it won't ... if BTC is $1mil, you will have measly 10k ... after 10 years of typical inflation about 5k in today's dollars

firsthemic

does it matter when BTC make it to 10M $ ?