BTC

icantbearsed

Is the coin BTC - yes - buy it No - don’t buy it.

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Any-Drawer-8391

If you are not in BTC you are guaranteed going to die. You DA!

Faster_than_FTL

I mean yeah. BTC doesn’t have intrinsic value , only extrinsic

Anxious_Ad126

Hey, I've borrowed against my BTC a couple times to avoid selling during dips—used the cash for real estate down payments. Pros: Keeps your coins, low LTV minimizes liquidation risk. Paid back via side hustle income. Tried platforms like BlockFi (RIP) and now options like [borrow.satsterminal.com](http://borrow.satsterminal.com) for better rates. Got coins back easy. You?

Ashamed_frost_4213

Hope you don’t mind me reaching out as I came across your post on the Bitcoin sub wanting to know what point would be good to buy BTC, not sure if you’ve succeeded in finding the right answer as I’m quite a newbie myself too with 2 months experience and my approach towards it isn’t just HODLing but trading too, and comes with daily profit returns

HugeM3

I'm in Australia and with 15BTC you could buy a tent to live in

Aerocryptic

There are also plenty of moonbois that look at the BTC.D and think : alt season is near 🤷‍♂️

FlowerTight5709

Most things but a house and food have intrinsic value. Could you please explain why only brainwashed individuals believe there’s only 21 million BTC?

the_remeddy

Real time motion tracker of BTC swirling the drain.

panthera_N

if you wonder why BTC price went up to 89228 then dropped it's because i placed a limit sell order at 89499 😂

Socialinfluencing

What's next some Vodka alchemy to forge some BTC?

Striker3737

“Decentralized” does not have anything to do with whether or not the price can be manipulated. It has to do with control of the actual currency itself. BTC isn’t controlled by any one entity. But its price can absolutely be manipulated. It’s still decentralized

Efficient_Culture569

BTC uses a small fee, regardless of the size of the payment, not a percentage. Yon can make a 10k payment cheaply. With a 3% fee of visa you'd pay 300$ fee.

Calm-Professional103

One dies mot pay taxes for buying BTC. Get an education. 

Calm-Professional103

I offered a choice of tip to a young server at a café in Québec City - CAD or BTC - thinking that maybe he’s into crypto. He went for the CAD. I haven’t had many takers. 

Kind_Boot4750

That stuff don’t matter , BTC is not a penny stock , it’s a global macro asset .

Kind_Boot4750

Saying “ nobody knows nothin “ is a bit disingenuous, when we know for a fact BTC is not Astrology. It runs on liquidity cycles , miner economics, halving supply shocks and most importantly HUMAN BEHAVIOR! This is why every single cycle has followed the same 4 year structure reliably enough to be useful.

dickpicnumber1

Of course! We literally fell through 90k like a brick last week, so don’t expect BTC to just walk upwards through that level like it’s nothing. Same applies to the 100k range, and the 107k+ range. A small trend reversal doesn’t mean imminent ATH at all, but that seems to be the illusion a few of us believe in.

MariachiArchery

Rough estimates are that about 5% of all BTC are in the custody of Coinbase. Though, this information is not public. Coinbase owns about 15,000 BTC

InternationalOption3

This, I started out chasing moonshots and ended up converting eRRYthint to BTC

stellarfirefly

I don’t see a huge motivation, but I see a motivation. As a merchant, I’m not going to turn away a sale just because someone prefers to use BTC to pay me, especially not if accepting it is low to zero effort on my part. The chances of this today are tiny, but as acceptance grows then the motivation does likewise. Now, if it cost me or it were a hassle to implement, then that would turn me away.

stellarfirefly

Let me further clarify. There are a lot of people out there who know, or have been told, that a 30% or so drop is “nothing” compared to what BTC has done in the past. Some of them believe that, in combination with other cycles or indicators (e.g. the “4-year cycle”) means that we are due for a much larger drop than what we have been seeing so far. If this is your prediction, then it is better to cut your losses now instead of waiting for it to drop even further. Some who believe this also see it as an opportunity. Sell at $86K, wait until it drops to $60K or even lower, then buy it all back again.

Nervous-Chemistry245

Last chance to sell BTC before the final dump?

Damythian

Standard reply by a coper. Why are every sectmember assuming that you haven't read enough if you don't agree with their naive interpretation of economics and monetary systems? I will never touch BTC. As a principle, I don't want to make money off of scams.

tpe91roc

Be careful not to buy organic eggs or beef though, otherwise you’ll need an extra 3 BTC!

AKBonesaw

Dang you lost .1 BTC in a boating accident. Sorry bro.

Ok_Tangelo_6070

BTC has value because people started using it as an alternative currency in the black markets of the world.

ResidentPositive8458

Maybe, but then it will go to zero. I think it could be the biggest scam of all time tbh. I trade BTC & Crypto, so I’m not anti-crypto or BTC. I just think it’s all a big wealth transfer. Just my opinion.

sylsau

Sell ​​your Bitcoin for what? Fiat currencies? That would make no sense. Why exchange hard money for soft money? For profit? Pointless. On the other hand, the fall in the price of Bitcoin in soft money allows you to obtain more BTC when you protect the fruits of your labor from the ravages of the current system. An opportunity to seize every time!

AKBonesaw

Not in the US. Only on the sale. Which means technically you can also get a tax benefit from it via a loss. But again. I have built my BTC stack as a hedge for much greater financial changes yet to come and as such will not be ‘selling’ any more BTC. I believe whole heartedly that the US dollar, and most centralized fiat currencies, will continuously inflate indefinitely while BTC is deflationary. Through means of leverage and lending, i intend to live off of my saved wealth without spending it. Ever.

iamjide91

Your analysis makes sense, BTC has historically dropped 70–80% after peaks, so a bottom around 31k–40k is possible. Also, projects like AIOZ are worth keeping an eye on this cycle, even if BTC corrects.

_hello_nsa

They can get BTC too or only eth ?

Pantlessspency

what the hell man, BTC doesn’t even touch himself while halving? I thought this dude was chill.

OrdinaryPitiful

I literally match my sons allowance in BTC and bought him this much today lol

nvdp2pndit

Feeling sad for you. But I use it to just earn free Satoshis and receive daily interest. Tried multiply BTC few times but left after losses.

jekpopulous2

I’ve bought BTC and ETH at all levels for the past 7 years. I look for slumps at this point but don’t really care. I’m on like the 5th “death of crypto” rn. I don’t care… especially with ETH. Like half the global financial system is building on rollups but price down? Just get it. Get some BTC too…. pick a few alts to throw like 15% at. If you don’t need the money rn you’re good. Just buy and wait it out when things are bad. If you might need that money rn stay away.

Blueturtlewax

Sorry everyone. I’ll put BTC back to 125k 🙄

ourcryptotalk

Let's be honest, this won't even affect JPMorgan. Let's start buying more BTC and make them look like fools. That's more practical.

nitroacid411

Checklist: November 27th China and USA trade peace deal. November 27th Russia and Ukraine war peace deal. December 10th Federal USA rate cut. Cartel got liquidated throughout the month of November. Long were obliterated. Russia got obliterated on their BTC holdings. I do not think they can pay their soldiers wages anymore? Andrew Tate got liquidated last week. Baron Trump opened longs last week. Tommy Lee is still holding ETH. Michael Saylor is still holding BTC. Robert Kyiosaki is a slumlord not a BTC OG. Peter Schiff sniffs gold in his sleep. Invest in gold per Peter Sniffer. What have you seen in the past 1 to 7 days. Ask yourself? Ask your team? Time to invest or sellout? Let's go.

Fun_Win_818

Canada sucks. These guys would have gotten 30 years if this would’ve happened in Florida. Also, this is why you don’t talk about how much BTC you have.

tmcnix

I fear this is a dead cat’s bounce, if history repeats we will see the price fall as low as 36,000 USD then oscillate from 36-56K for 1-3 years before its next ATH (~250K). But the funny thing about BTC’s history… is that the last crypto winter was before institutional backing and the start of institutional backing is what instigated the previous bull run and ATH. If prices fall below 55k it’s my opinion that the price drop will be “fabricated” by those institutional players to reconsolidate the bitcoin network into the pockets of the global elite and out of the hands of the people. Bitcoin has the potential to free the people, but right now it when that thesis is being tested… And for that reason, I refuse to sell. LETS LIMBO!

12ealdeal

Is saying that MSTR is a fund in the same sense as other BTC fund problematic when you consider how overextended they are to accumulate their BTC?

BlackDog990

I don't see btc hitting a new ath this year at this point. Macro environment isn't looking good, and as we saw BTC still dumps at the first sign of trouble. It's only a safe haven asset if people treat it like one, which they aren't. Now id love to be wrong, but just my guess.

keepcalmstackon

BTC to test 63k level by next year August 2026. Then rally past 180k March 2027 and the new low will be no lower than 90k from then on Bitcoin not dead but taking a snooze for a bit

MisoGrendel

Wait, your shitcoins go up?? Mine only go down whatever BTC does.

Ahlawat46

So is 8 % of all BTC on coinbase ?

Beautiful-Estimate-5

Most everyone here will lose BTC here. First 15 years was emotional retail investors, institutional sharks are here now and they know what y'all are thinking.

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Aquacarton

One thing is that once you find a project you like (Solana and BTC for me), the volatility makes it almost tedious to go back to other assets.

Carmanman_12

Delusional. What do you think will happen to BTC when the stock market corrects and all of the tech companies’ stock comes crashing down? Do you really think that as NVDA goes in free fall, BTC will go in the opposite direction?

ShionEU

Because I only put money in it I don’t really need. It will probably be 20-30 years before I sell. I believe in BTC long term, so what happens on a day to day or even month to month basis is not really relevant.

Feeling_Yak7c

my new technique, Daily $5 BTC, $5 ETH, and $3 random Gem.

cant_be_me82

My man, this is 1000% a reversal to the upside. Btc is MASSIVELY oversold with zero top signals other than yall crazy idea the exact day of the 4 yr cycle *MUST BE* the top. We r now institutionalized with "smart $" shaking the fuck out of weak hands to let their "insiders" buy in around this price. The only reason why OGs sold was bc they see like a lot of us, that its not the same game anymore. Institutions and Governments will decide the cycles now. Please dont sell them your BTC. Unless u only bought at $126k and need your $ now, but I'd still try to find another way

PrudentPreparation71

"It's great news that selling pressure is easing, but the key question is whether retail traders will *finally* buy smart or just chase the green candles late (FOMO). I just checked my own **Degen Score** (a tool I'm building) and my **P&L is low** despite having a good win rate. If you don't control your *sizing*, it doesn't matter if BTC moons, you'll still be exit liquidity."

PrudentPreparation71

"It's great news that selling pressure is easing, but the key question is whether retail traders will *finally* buy smart or just chase the green candles late (FOMO). I just checked my own **Degen Score** (a tool I'm building) and my **P&L is low** despite having a good win rate. If you don't control your *sizing*, it doesn't matter if BTC moons, you'll still be exit liquidity."

110010010011

Yes. This is why so much BTC moved: https://www.coinbase.com/blog/transparency-update-coinbase-executes-onchain-fund-migration

darkdemon991

When I see people asking these kinda question ,most the time market dump after a while, anyway just buy BTC,there are some bots shilling them memecoins don't buy that even if you see them upvoted

OBXAngler15

Less than 5% of crypto investors are actually consistently making money. Crypto is not the place for getting rich fast. If that’s your mentality, you’ll be wrecked in a few weeks. Start with BTC and DCA overtime. If you don’t care about your 10k just toss it in an altcoin and you’ll lose it quick. Good luck.

Calm-Professional103

Best learned lesson Mass adoption would be nice, but you don’t need others to adopt it in order to live on a personal BTC standard with good on- and off-ramping solutions. 

Slight-Shower6842

Hey, I'm a complete newbie to bitcoin and from the UK, would you mind helping me understand why is it differnt taxationwise if you put the BTC in your own hardware/software wallet?

Calm-Professional103

1 BTC is nice but if it’s unattainable, so what? Stack sats and chill. 

Zigxy

I agree that if Strategy begins to sell it will crash the price. But they are not levered up at all. They have like $8B in debt and have annual preferred dividends of about $1B (which they can pause indefinitely for any reason). Even if BTC goes to $20k their 650k coins will far exceed their debt. Most of the purchases came from extreme stock dilution which never needs to be paid back.

jekpopulous2

Banks can push a cryptography in a week or two. A blockchain has to soft-fork and update the consensus mechanism on all their nodes. That said… I know ETH and other major coins are planning to soft-fork to update their nodes over the next year or two but haven’t heard anything about BTC doing it. Alarming honestly.

PMmeuroneweirdtrick

A bunch of stocks. But an individual stock like Nvidia has a similar 10 year return to BTC. QUBT has a 135% 10 year CAGR.

Malibutwo

Am I crazy for thinking that BTC bahtomed out at 86k. Probably, but thousands of predictions are made daily and a broken clock is right two times a day.

Glass_Block_3114

I told my parents about BTC when it was under $10. Now they hate me for not doing more to convince them back then. 

Simke11

Speak for yourself, I made decent chunk of profit with BTC by following the cycle and buying in '22-'23 and selling in September. But I'll agree that cycles don't mean shit for alts. They've always been in reference to BTC.

FilmInternational954

What was the price when you started looking at BTC without buying yet cause you were “just looking”? For me it was 3k, but I never bought it at that price. I waited until 9K to decide, after the covid crash and recover showed me that not even a pandemic could lill this thing. So if BTC went down to 3k I’d consider that a second chance.

SnooDoughnuts7652

Loll same. Walked into the office yesterday (work at a small GC company) and my boss was talking to a developer about BTC. Both old school RE heads playing w the idea of putting a little money into it bc of how much it’s dropped. But also both admitting they can’t understand it. lol. I padded my weekly buy after that.

devCheckingIn

Since IREN is moving away from actual BTC mining to AI, maybe it's a good thing for crypto.

Jonyesh-2356

After salary day BTC is gonna be at 95k

Kie_ra

Recurring transactions take care of that. BTC gets bought regardless of your feelings or (lack of) patience.

Kie_ra

Can you give me one example when BTC DCA would beat lump sum? [https://bitcoincalculator.tools/calculators/lump-sum-vs-dca](https://bitcoincalculator.tools/calculators/lump-sum-vs-dca)

oneawesomewave

Hard words. You are free to send BTC from A to B. You may not be able to cash out. Has been like this from the very beginning (for different reasons).

Scared_Good1766

Not true. In equity markets, lump sum statistically beats DCA ~80% of the time. I’m not sure what the percentage in BTC would be, the extra volatility may drag it higher or lower than ~80%, but it’s definitely not 100%

AshliepShuqirvut

They think I'm rich, I 100% regret it. Never talk about money with people you love. I told them I have BTC but I don't think they understand anything about it other than you can get rich, so they automatically assumed that.

Grooveman07

Except you cant exactly do that anymore, if your BTC wallet is blacklisted by the FBI, bro, id actually pay you money if you can withdraw even a penny without getting caught. You’re in a completely delusional world if you think you’re actually free to do as you please with your btc

b1mm3rl1f3

Inverted parabola on BTC has broken, this might be it. Tom Lee could be right after all

johnmgq

its going to 10k Im shorting with options on a 2x leveraged etf..... The lustre is gone.... Not enough growth, may as well invest in the regular market for percentage increases..The BTC is topped out.. to even make 50% on your money you will need BTC to get to 150k, I can do this in a day with regular market options as I did today 41% on a market mover stock this am...... How are you going to make 40-50% on BTC buying straight up??? in a day??? without leverage or options??? Just hit the market with options if you want risk and reward...

Notrustjustverify

BTC is the only solution, for how long are people going to enslave themselves to centralized corporations and governments? 🤦🏽‍♂️

rtmxavi

The last two times this happened? 1. March 2020 - $5,000 BTC 2. December 2018 - $3,500 BTC This makes the latest drawdown one of the most significant on-chain events in bitcoin's history.

Xonfusedbarracuda

Attention dawk2020 has officially purchased $14 worth of BTC

PaulblankPF

Do you think BTC will continue its growth or slow down even more over the next few years? BTC growth has been in steady decline in percentage growth annually. Might not be Nvidia but rather AI startups that’ll see that level of growth.

uhhhgreeno

the blue line is the Bitcoin price chart shown on a circular scale. the farther out the circle the blue line goes shows the price increasing over time. the individual circles reflect fixed price points, the center being $1, and the farthest out being $1M. the top of the center line reflects the halving cycle (210k blocks mined) and the bottom reflects the halfway point to halving. the circle basically shows that the price of Bitcoin has never gone lower than a previous price post-halving, but after each halving it’s getting closer and closer. the question arises; what happens when this trend breaks? the previous halving cycle peak was about $71k, and price today is close to that. if we go to $71k or below, the trend breaks, and the price “touches itself” on this circular chart, potentially breaking down further what does this all mean you might ask? it means keep buying more BTC

Dramatic-South-6236

I see BTC at 100k for Thanksgiving dinner.

These-Brick-7792

Makes sense. BTC is my retirement. 50/50 BTC SandP and my house . Dump as much as I can. Otherwise inflation comes and you get left behind making less and less each year.

HumbleIowaHobbit

They have not been mined. They dont' exist as of yet. True. But it is also true that only 21 Million CAN be mined. No more. So the difference between the 19 million that have been mined so far and the 21 million potential BTC is what I am speaking of. I use the term 'in reserve'. But you are right. They have not been mined yet. They shall be. And then there will be no more coins to mine after 21 million have been "created". In fact, they aren't created, they are a potential that is then substantiated as data. You can explain all you want. The fact is still this: After 21 M coins, there will be NO more that can be mined. But the systems doing the current mining will need to do what they do to verify and validate transactions. They will not be able to create any more coins at that point so for them to continue doing what they have been doing, they will need to be compensated in some way or another. Up to now, their compensation has been the reward of newly created coins. In the future, they will need to find another way of compensation. I am say that this other way is a cost of transactions. Without the miners, there can be no transactions. They are the ones who validate transactions and who provide the method that assures the security of the system.

LinusVPelt

There are already services setting up lightning payments which get executed very rapidly. And even if that wasn't possible, tens of thousands of people have already answered since 2017 that you don't necessarily need BTC layer one to pay for a coffee...

SexCultDavey

That prices BTC at $1 billion each. Up we go.

theincognito66

You should think more in terms of how much Bitcoin you want ... do you have a set goal? You can get 0.001 BTC for about $89 right now. If the price drops to $75k, you could get 0.001 for $75... a $14 difference. Nobody knows when it will drop to $75k ... you could end up waiting for months for your entry point. If you figure out a daily or weekly amount you want to buy, you could DCA - then when the price does drop to your entry point, you'll already have some coin stacked instead of waiting empty handed.

Skepsis93

As numbers get bigger or smaller, we use prefixes. That's what people do in any situation. And if those don't catch on people will just make up a new slang word as they go along, because that's how language works. This is a non-issue. There are legitimate arguments against BTC, but this ain't it.

Pkrinv

This seems pretty reasonable.  People who want the volatility of crypto can still buy the stock, or any BTC fund that they would like.  Most people buy index funds because they want exposure to many companies, not crypto, gold, silver, etc. 

Adept-Ad-738

Time to rally Bitcoin lads. If you were every in doubt about the financial corruption BTC is here to solve / were ever in doubt about the power of BTC and the central powers inability to stop it - here is your proof

PaulblankPF

Didn’t you read how Nvidia is 12.5 times your money in the past 5 years while BTC is 3.75 times.

ryox82

I may get dunked on for this but I honestly stopped just doing what felt safe and now just use it as a checking account. The downturn has removed positive income and the constant deposits have lowered my average cost. Also fully realize that will go the other way when it cycles back up. Using BTC as cash has kind of removed my emotion from the ups and downs.

AlternativeTie4738

Its happened all 3 cycles and given how it all has played out, im content imagining BTC at 126k has given us enough for a while. But some people dont want to stop screaming for the moon I guess. Also havent sold all my portfolio so whatever happens im satisfied.

OldHamburger7923

BTC, forever alone

Dromoro

We hit the bottom last week BTC is gonna get to 100k within a month. After that my crystal ball gets fuzzy

Inresponsibleone

More realistic scenario is lost trust. If some nefarious agent could gain controll of the blockchain even briefly (possibly china could have the ability by turning all their miners to attack against blockchain suddenly or something)... I think BTC would be on free fall.