BTC

Cryptizard

What coin are they mining? It’s not BTC because GPUs are useless for that. Any idea?

MonsieurReynard

It probably is. Not a whole lot of experienced crypto investors have much time for endless debates on Reddit informed by nothing but vibes. If you’ve been around a while, you’ve heard them all. It’s the end! It’s just getting started! To the moon! Oh, no, BTC is dead! Zoom out! This time it’s different! No one knows.

holyknight00

yeah i know that, but unless i get paid in BTC and can pay for everything i do with BTC, the conversion rate is still important.

ReinrassigsterRuede

Just ask yourself where your gains should come from. If you buy now and it gets back to ath you only made 100% that's less than the msci semiconductor etf made. When I bought at 1500$/BTC I knew that nobody knew what Bitcoin was and there would be a ton of new people to buy. But today everybody knows what it is, there won't be new buyers. So where should the gains come from?

liquid_at

2 years before BTC reaches 70k again, when the straight of hormuz has pumped oil and dumped gold.... Smart, only if you expect the straight of hormuz to remain closed for 2 years. If you expect it to open before then, the \~10-20% possible gain bitcoin will be having in that time will be much less than the gold recovery...

TheresNoSecondBest

>Even if we go full BTC, people wouldn’t want to have money from drug dealers or human traffickers. This is a non issue on r/thelightningnetwork or RGB.

liquid_at

as long as you do not expect BTC to outperform gold in the next 2 years...

MonsieurReynard

Functionally wouldn’t you be better off selling before it hit bottom and then buying back in? If only you could know where the bottom was. But you can’t and no one else can either. Past performance is no guarantee of future returns. All patterns are cyclical until they aren’t anymore. None of us know the timeframe on which that will be true for BTC, but so far it is unclear where the growth in real world utility that was sustain a long-term return to former high would be coming from. Massive adoption when?

WhaleWilliam

BTC is 17 years old. It took the Internet 25+ years before every company was using it. Also I don't think BTC is the final best use case product for the block chain. If you look at the evolution of the telephone it gives you perspective as to what is possible. If you say landlines are always going to be in every house, you were only right for less than half the period of time phones existed. I think in the future even both mail and email will become redundant as they are not optimized for efficiency.

Dragon_slayer1994

Let us know when that BTC can actually used for something without converting to cash

Academic-Ball-9606

That goes for all of them including BTC. Use case went dead the moment government got involved

jb_in_jpn

Because they're in on the scam. They want people for exit liquidity. Deny it as you may, but BTC and ETH are suffering the same fate - it's just a slower march to the end zone.

DarePsychological204

Can't predict. Buy every day if you can. Doesn't matter the amount or price of BTC. Just buy and hold.

last_try_social_m

A lot of people here tell what they believe or don’t believe. I cannot believe this is the way you make financial decisions. I did the math (hoping my sources are correct): At a price for BTC at $ 40 k and a dividend yield of 50 %, Strategy would have to pay annually 5.57 % of its total assets as dividends. Assuming 28,011,111 shares outstanding and having 628,791 BTC in the balance sheet. Hence it could work for a very long time. But if BTC goes down to 10 k and simultaneously the dividend yield of STRC is at 75 % to cover the risk appetite of the buyers, the dividend yield eats up 33.4 % of the total assets for the annual dividend payments. Hence, the mechanism of a death spiral is a real threat and cannot „believed away“. On the other hand, the required metrics for that to happen are extreme – isn’t crypto famous for extreme movements? ;) One action Strategy could do in such a case is to buy back the STRC shares – which of course would be very expensive (depending of BTC price about 11 % of the assets at the 40 k scenario and 44 % at the 10 k scenario) but at least it would stop the bleeding.

WhaleWilliam

People 8 years from now will say we were dumb for not mining for 0.01 BTC which is millions of sats from a pool . Mining has never been something worth it if you sell on the same cycle. You can just as easily buy for the same price as the mining running costs

Valuable-Mission9203

Crazy disingenuous to pretend that smart contracts are the only transactions in BTC, totally ignoring CEX.

Narrow_Jaguar5477

Yeah, everybody makes mistakes I guess. But I'm hesitating, do I give up SOL and focus on BTC or i keep my loosing solana and buy less BTC

Patient_Craft2195

The macro shift is real, but the BTC conclusion skips a few important steps. The actual data: * Russia and China settle \~90% of trade in rubles and yuan now — but in *local fiat*, not BTC * mBridge (the real BRICS payment infrastructure) runs 95% on digital yuan, not Bitcoin * The "BRICS Unit" that launched in October 2025 is backed by 40% gold and 60% BRICS currencies — again, **no Bitcoin** * India — supposedly the I in BRICS — explicitly said it has *no policy* to replace the dollar. Jaishankar called the dollar "the source of global economic stability." India's the chair of BRICS in 2026 and isn't on board with de-dollarization So the macro environment that supports BTC long-term (monetary debasement, sovereign distrust, fragmenting reserve currency system) is genuinely happening. But BRICS isn't choosing Bitcoin as the neutral reserve — they're choosing **gold and CBDCs**. That's two very different theses you're collapsing into one. Bitcoin wins long-term because it's the *only* asset with no issuer, fixed supply, and global settlement — not because BRICS is buying it. The story is right. The mechanism is wrong.

Genghis_Sean23

One day, maybe next week, people will understand 1 BTC = about tree fiddy

CyberCrud

Yes.  The cycle is literally built into BTC.  It's called the halving.  

hypoism

Put it all in BTC forever and then use a debit card for your bitcoin and your bitcoin will pay off your debit card forever rinse and repeat👍🤯🫵💪🏼💪🏼💪🏼🥳🥳🍾🍾🍾🏌️⛳️☮️☮️

MrYamaguchi

Should have waited, BTC is going to at least $50k

travelling_ok

Currently, my partner has <£500 worth of BTC in coinbase. They are considering buying a cold wallet just for safety reasons and also they plan to keep it for long term.

Supercc

Get over yourself. 1 BTC equals 1 BTC isn't the enlightenment you think it is. It's just a thought-terminating cliché.  Of course it's equal. It's like saying 1 banana equals 1 banana. Or that 1 equals 1. Bravo. This is simply a bear market. FEW understand this.

tqlla3k

Eth has been terrible for 4 years straight(ETH-btc chart). They need to charge more fees, increase the staking target and and reward stakers. I recently saw that people were happy that ETH had record transactions with zero fees... Well fn great.... Whats the point when the ETH/BTC chart looks like a 4 year death chart?

LayWhere

Also 2017 and agree completely. Luna/FTX scandals killed people appetite for alts, AI stealing the limelight for speculative greed and the whitehouse rugging $trumpcoin doesn't help either. The reason alt appetite didn't completely die in previous cycles was because the market was smaller and not in the mainstream eye, not at the scale of 2021 anyway. BTC is being killed by Saylor imo, with his infinite loop ponzinomics.

TellInternational397

Tell me what would be the price of a single BTC if the market cap goes to $129 trillion?

ImpressiveLaw9205

I think I finally understand the core mechanism behind the “Franklin magic square + 6 hollow cards” puzzle. The important realization is that this is NOT just the classic binary-card magic trick. The six cards define a 64-state combinatorial system over the 8×8 board. Each number corresponds to a unique appearance/nonappearance pattern across the six cards: (32,16,8,4,2,1) So every number has a 6-bit signature. The crucial distinction (which the OP repeatedly emphasized) is: * the BACK of the seventh card corresponds to the 64 combinatorial states, * while the FRONT is an 8×8 perfect Franklin magic square. So the trick is actually a mapping: state vector → board position → displayed number The magician on the left could identify 38 without seeing anything because: * “I cannot find this number on any card” uniquely means the all-zero state, * i.e. 000000, * and OP intentionally assigned that state to 38. So the magician does not need the Franklin square at all — only the encoding rule. The deeper mathematical insight is the role of 20 and 26. OP’s hint says: > That means 20 and 26 differ ONLY on the 8-card, so their signatures differ by exactly one coordinate. This immediately determines the corresponding Back-side states and serves as the initial condition for reconstructing the whole mapping. That’s why 20/26 are so important: they collapse the ambiguity of the Front/Back correspondence. The impressive part is that the puzzle simultaneously satisfies: * unique 64-state encoding, * rotational overlay solvability, * Franklin-square symmetry, * and symbolic embedding of 89/64, 38, and 2026. So this is not merely a magic trick or a political allegory. It’s a carefully engineered combinatorial design. This is the best way i can think but there maybe always a better way dont know. Hope this is the way. Thanks for the puzzle btw, My BTC Address is bc1qukagvhystlpx4fwknn0cz7rdz6nna83vjt2e7m

Boniouk84

But surely those of us investing since 2017 are fine right now. You invest 50% in BTC, 25% in Eth, and 25% in others, and take profits at the fibs. Right now people should be holding usdc and btc. Unless they all bought on the way up which is rookie mistake number 1. Buy on the way DOWN! Sell on the way up

takinglifeslower

It’s a bit too neat of a story. Big players don’t rotate in sync like that, and flows are usually staggered and driven by risk management, not a single switch between AI stocks and BTC.

LimpSignificance5867

I’m posting this partly to seek advice and partly to make other Coinbase India users aware of a serious issue. A few weeks ago, Coinbase launched INR support in India. Since I was already using Binance and wanted to consolidate my holdings, I decided to move my crypto from Binance to Coinbase. Unfortunately, I made a mistake. I transferred BTC from Binance to Coinbase using the Ethereum network because the fees were lower. Binance converted the BTC into Binance Wrapped BTC (BBTC), which is an ERC-20 token on Ethereum. Coinbase does **not** support BBTC. That part is on me. I fully accept that I used the wrong network and sent an unsupported asset. However, this is where things get frustrating. **Coinbase can see the asset** Coinbase’s Asset Recovery tool is able to: 1. Locate the transaction 2. Identify the BBTC deposit 3. Display the recoverable amount 4. Calculate the recovery fee In other words, Coinbase knows exactly where the asset is and can identify it. **But Coinbase India users can’t send crypto** Because I linked a bank account to use INR services, Coinbase has permanently disabled “Send” functionality on my account due to their India policy. According to Coinbase support: 1. I can buy crypto 2. I can sell crypto 3. I can receive crypto 4. I can withdraw INR But I cannot send crypto to another wallet. **Why this creates a deadlock** The standard recovery process requires sending the recovered asset to Coinbase Wallet. Since my account cannot send crypto, the recovery process cannot be completed. So I am stuck in a situation where: 1. Coinbase can find the asset 2. Coinbase can identify the asset 3. Coinbase can calculate recovery fees 4. Coinbase acknowledges the recovery tool exists Yet I have not been given any path to actually regain access to my asset. **What I have asked Coinbase** I have repeatedly asked Coinbase for any of the following: 1. Manual recovery 2. Crediting equivalent BTC, cbBTC, or USDC to my Coinbase account 3. Alternative recovery methods 4. Escalation to the Asset Recovery team 5. Returning the asset to the originating source address So far, I have mostly received responses explaining why my account cannot send crypto, rather than explaining how I can recover an asset that their own systems have already identified. **My concern** I understand that sending unsupported assets is a user mistake. But if Coinbase can identify and locate the asset, there should be a reasonable recovery path. What worries me is that this issue could affect any Coinbase India user who accidentally sends an unsupported ERC-20 token to Coinbase. At that point, you may discover that: 1. Coinbase can see the asset 2. Coinbase knows it belongs to you But recovering it may become extremely difficult due to account restrictions **Looking for advice** Has anyone here successfully recovered an unsupported token from Coinbase under similar circumstances? Has anyone dealt with the Coinbase Asset Recovery team directly? If anyone from Coinbase is reading this, I would appreciate a clear path forward rather than repeated explanations about Send restrictions. I am not asking for special treatment. I am simply trying to regain access to an asset that Coinbase’s own recovery systems have already identified. Any advice or visibility would be greatly appreciated.

topbossultra

BTC went from 15k to 126k in the bull. Those returns are anything but abysmal.

topbossultra

BTC is down 52% from the ATH. We're not close to flat lining and we're not close to doing something that has never happened before. We could go down another 25% and it would still just be the same % dip as last time.

BurriedCityMayor

Worst possible timing to do that given alts lost way more than BTC.

Character-Resist-961

The “1 BTC = 1 BTC” mantra has nothing to do with tainted coins. It’s about focusing on how much Bitcoin you’re accumulating rather than obsessing over its market price.

Pineapple-Juice-4

18mnths ago was scared 12mnths ago was angry 6mnths ago was in morning Today well I've reached acceptance. I was wrong BTC and certainly the rest of crypto was a Ponzi Fad. Get Out and start your journey.

Immaculate-torso69

All I hear is buy BTC.

Friendly-Direction42

Thanks for input. Influencers didnt tell me shit its just the biggest memecoin on the most used network and it has performed the best of the whole list.. will still drop it. Im not optimalising for break even I want profit of course but break even is the first target. Idk about ETH these days man it looks shaky and its chart looks weird. And about BTC you think DCA then at lows is better? I did last time and missed a very good buy of $17000

Friendly-Direction42

Thanks for input, but did you do it when alts were green to BTC?

AmoebaFar8564

Cause i thought that many people regrets buying BTC at the current decreas and sells. Even Mr "i will NEVER sell BTC" is selling to hold Up His company liquid. Dont misunderstand BTC is nothing of mine cause it delivers Not many use-cases (OK Iran uses to pay for "using Safe" street of hormuz). Are you buying now, Price to entry or fill-up is good near the 60k. What do you think when we will get Back to 100k?

Miamiconnectionexo

on the loading up on BTC in the 60k range part, the only thing that's kept people sane through these is DCA on a fixed schedule and sizing so a further 50% drawdown doesn't force you to sell. covid bottomed around 3.8k then ran for two years, but the people who got wrecked were the ones levered or buying with rent money. if your cost basis is 60k and you're spot with no leverage, time is on your side. just don't try to catch the exact bottom, nobody does.

Friendly-Direction42

Was full in on alts and recently started with the BTC and ETH…

Friendly-Direction42

Yeah if you miss the top for BTC no problem but alts fuck you over, same for me was +200% in green in december 24 now 65 red

Friendly-Direction42

Its very undervalued but that doesnt guarantee at all that it will catch attention, if you are all-in get at least 50% out and in BTC or stocks that is better

AdRight7472

It’s not really the fact of the amount, it’s the fact of showing you’re a holder…I guess the amount does come into play but not to the exact amount but more as to whether it’s a large amount. BTC is not the only asset prone to wrench attacks but solely in current circumstances of modern world; it stands out more for that very reason. Other assets such as brokerage accounts etc can’t just be ‘handed over’ via torture. They’re KYC linked etc … btc on the other hand, if the pain is enough or you don’t want to watch you Mrs get beaten and r\*ped, you would hand over the keys/phraSe etc and that’s that, done. Brokerage accounts, bank accounts etc etc it’s not so simple for the attackers. It’s not an existential problem of btc, but more of the current state of how BTC fits in to the current global finance world. In times to come, wrench attacks will become less and less viable as adoption rates grow.

rollerplank

Leaning that way, fearing that one day we’ll have “BTC Bag holder” used as a term

FriendsMade_MeDoIt

The mood shift has been the craziest part for me. A few months ago everyone I knew was talking about which alt was going to run next, and now those same group chats are mostly people comparing losses and debating whether to just stick with BTC. Moments like this are usually when I realize how much sentiment drives decisions. It's a lot easier to feel confident when everyone around you is bullish.

Epic_Sabaton

Welcome to BTC

FriendsMade_MeDoIt

A couple of my friends have made that exact gold-to-BTC argument over the last few years, so I get the logic. Personally I'd be too nervous going all-in on one side, but that's definitely a conviction play. Hope it works out for you, and more importantly, hope you can still sleep during the wild swings.

Crivos

I sold my golden phallus to buy BTC, girlfriend isn’t happy.

coully95

"Strategy is not forced to fund every dividend by selling BTC. They can use.....common equity issuance, preferred issuance". That's a novel idea. They should have a name for a structure where you pay current equity holders by issuing new equity rather than the proceeds of actual business activities.

pitleif

I can agree if you reverse the video. The BTC to fiat value may decrease, however my BTC portfolio will increase.

Patient_Craft2195

Down 65% with BONK in the bag is the universal "I bought what the influencers told me to" portfolio. No judgment — most of us learned this lesson the same way. But the rotation question is wrong. You shouldn't be optimizing for "break even." That's emotional, not financial. You should be asking: "If I had $X in cash today and nothing else, would I buy this exact portfolio?" If no, *that* tells you what to sell. Probably BONK and maybe LINK. ETH and SOL have real fundamentals worth holding through pain. BTC is the anchor, not the rescue. And do NOT lump-sum at $45k. If we see $45k, everything is bleeding worse — ladder the buys. Tranches, not bets.

Specialist_Anybody70

Satoshi doesn't care about the price maybe in 20 years crypto will actually exist as currency but won't be BTC anymore you all see greed degenerate gamblers and will lose all your btc bonk doge and fartcoins

Patient_Craft2195

You just did the trade Peter Schiff has been crying about for 15 years. Welcome to the other side of the debate. Long-term math is on your side — fixed supply beats gold's 2% annual inflation, every cycle. Short-term, gold has actually been on a tear and BTC is mid-drawdown, so the timing is either prescient or painful — won't know for a few years. Self-custody this BTC the way you secured the gold. Hardware wallet, seed phrase offline, no exchange. Gold required physical security. BTC requires digital discipline. Different attack surface, same principle.

VeryThicknLong

Just HODL. Infrastructure has rotated to AI for the time being… but AI is bloated. You’ll see a pretty quick rotation back to BTC after the bottom is in.

ochitzukan

All my savings are 0.01 BTC :(

Quick-Nobody5800

Hey man, I was in the same boat regarding the diverse portfolio and while it sounds good and all I don’t think it’s worth the risk so try to optimize for more btc, I dont think exchange those but Buy BTC from now on only till its 50% of your portfolio or around there and only exchange those alts if u are really unconfident in them for example my strategy is 50% BTC 30%SOL and 20% other Alts apart from ETH even tho I still hold it I hate it so yea. I hope this helps and see you in a better fiatless future😘.

newlambowhodis

What a coincidence, I just sold 0.01 BTC at 61k.

ProfileEdge_io

BTC closed 61,056 — holding just above POC 60,820, inside value (60,100–62,500). Funding sits near neutral at +0.0016%, while a naked POC at 67,100 lingers \~9.9% overhead 📊

AmeliaMaggie

BTC is the preferred currency of AI, there is so much potential in the expansion and infinite use cases of AI. Nothing has changed. Next bull market cycles we will start to run into scarcity/FOMO issues and should be explosive if basic 101 economics hold…

ZeroRegretMarine

Celebrating the hoarding of more BTC is like being happy about having more water on a sinking ship.

HorrorsPersistSoDoI

"1 BTC = 1 BTC" people think they are big brain when they say this

znv142

well BTC does what people do, and predicting people is the hard bit. Confirmation bias is a real thing. It's very hard to actually know something.

FitCompetition1804

Perhaps… but the history and the charts speak loudly. BTC isn’t traditional finance… BTC does what BTC does. So far this year, not much has changed.

uncle_spacemaster

And yet - as always - Solana cycles along with BTC but at about 5X volatility. Why aren’t you investing in this and enjoying bigger gains overall?

Legitimate_Towel_919

Uptober is cool and all, but when half of crypto Twitter and Reddit are waiting for the same move, that’s usually when the market pulls a rug first. BTC loves farming liquidity before giving people what they want.

gdroum

I feel like REAL news in BTC is overshadowed by price action. This sounds LEGIT. I’m honestly too dumb to know wtf the tech does but I’m smart enough to know that this is legit…. I think.

Patient-Ordinary-359

For the simple minded, try this thought experiment. Imagine you go to 100 **investment** advisors and tell them you want to **invest** for your retirement. You ask them what should you **invest** in? Now think about how many of them will tell you to go all in on BTC; or Spacex, or at the roulette wheel. The answer will be zero. Some might say something like put at most 5% in say crypto. But the rest will be in proven **investment** assets like stocks. Words have multiple meanings in different contexts. When you quote the dictionary like a grade-school student you are displaying, proudly and in a public forum no less, that you don't understand this point. My comment got upvoted for a reason. A thoughtful person might try some introspection and ask themselves what they are missing rather than going to a dictionary like a schoolkid.

Miamiconnectionexo

if you want the part that actually matters for not panicking: position size and cost basis. dollar cost average so your average entry is below current price, keep an emergency fund in cash so you never have to sell BTC at a low, and the 97-checks-a-day problem solves itself. the people who blow up aren't wrong about the thesis, they're overlevered or they bought with money they needed in six months.

Illustrious-Boss9356

If one person owned all the BTC, there would be no exchanges.

thelonghand

Something that convinces me Alt Season will return is going to my local mall or strip mall and seeing how many people are paying for goods with not only ETH but so many other alts. So many people tell me crypto is only for pedos and drug dealers but then I see countless regular people using crypto for common financial transactions because they’ve taken the time to study it and realize fiat is obsolete. There’s literally no doubt BTC will pump again per the proscribed 4-year cycle but the room temperature IQ haters will say otherwise lol

BigSur-Bigfoot

60% BTC but if you need the money do it quick. Will get worse before it gets better. But it will get better. Like all time highs better if you can hold on. June historically is the worst month for crypto

Laakhesis

I sold my index funds in 2022 and bought BTC. At that time, Charles Schwab forced me to liquidate my assets because of FATF regulations and sanctions against my country. I do not want to take that kind of risk with my money again. They might lock my accounts, making it harder for me to access my assets compared to Bitcoin.

Optionbulls

It could go to something like 48,000 IMO but it hasn’t dropped below my 58,802 trend line. I’ve been following BTC since November of 2009 and regret not HOLDING or DCA.

Academic_Lock_1699

My god you are beyond delusional. If the financial system would collapse like you dream of, then that would mean total war and your BTC would be worthless too, because people would trade with commodities instead 😄. 

sporty_outlook

BTC hit $120k which aa new ath than the previous cycle. ETH should have hit much more than $4900. It's now  less than the ath made in 2018 Jan 

TheGardiner

Is this a good time to convert all my loose alt coin garbage into like .07 BTC or does it not even matter when I do it?

TrixoftheTrade

bitcoins value in an arbitrary fiat is meaningless. whether 1 BTC = $100 or $100,000 is irrelevant. BTC is at $60,000 now. It is not 60 times more valuable than it was at $1,000, nor is it 1/2 the value it was at $120,000 because you are using dollars to compare it against.

TrixoftheTrade

bitcoins value in an arbitrary fiat is meaningless. whether 1 BTC = $100 or $100,000 is irrelevant. BTC is at $60,000 now. It is not 60 times more valuable than it was at $1,000, nor is it 1/2 the value it was at $120,000 because you are using dollars to compare it against.

Hijjawi

60% BTC.. 35% ETH.. 5% on high risk high reward if they move.. If you dont like that.. then go 70% BTC and 30% ETH

K42st

Why not 50% or 95% drawdowns why is 80% a magic figure what the logic behind that statement, what because historically there has been a drawdown of 80% in a BTC enviroment that was thin in liquidity compared to the market we have today? And what your bear market based on, is it a bear market because some ridiculous past cycle or historical events predicts so? How can you predict what happens in a market mainly driven by leverage and liquidity, whether BTC can be steak one day and dog food the next is irrelevant to the fact no one know what will happpen by how much of a percentage, when or how long it will last, the only people who try and predict events are fools, the chart tin foil hat brigade or hope based investors. Never predict a probalistic market they always end up shocking in ways you never thought possible.

Legitimate_Cry_5194

Do it. It's a matter of discipline and of moving from gambling to investing. And don't look back EVER, maybe some alts will recover to some extent against BTC, that's the bait the market is throwing to you. Money isn't made on bull market, money is made on bear market if you have the balls to buy (and buy the right thing) when everyone is selling panicked. 2026 you get the chance, and it might be a chance that you won't get for another 4 years. Keep strong.

ubermensch1001

Ok, and? My average cost basis for BTC is well below where we currently are at.

Patient-Ordinary-359

Well like many words there are different ways to look at what they mean. And what I mean, why I got the upvotes: for a balanced portfolio of stocks, med to long term, you can reliably expect a return of 8-10%. This is proven historically through decades of performance data. This is investing, as any finance professional would use it. BTC, any crypto - a total gamble. No one can price it. It follows mostly emotion and fashion. Mega-volatile. The end price could be zero. It could be ten million. No one knows. That's why it's speculation, not investing.

Johs92

What are some peoples time horizons with BTC??? Get rich in 2 months? If you're not intending to hold your BTC for atleast 5-10 years, wth ate you even doing?

S1rynx

But only BTC?

Cheese6260

I took a huge L rolling ALGO to BTC in the last bear market and it was the best thing I could’ve done. Algo did shit the next bull while BTC ran

BN_Boi

Its still investing this you dont lose the BTC unless you sell (like stocks).

PrestondeTipp

If you're heavy in BTC you're down 25% in a month and 31% year to date. The risk free T-bill rate is 3.839%  SPY is up 8.45% Inflation alone will land somewhere between 2.7-3%

Otherwise-Address838

BTC is a good investment. Limited supply, proof of work and first to do it. But it will never replace a fiat currency, because btc is *limited.* A fiat that is limited, as proven countless times before, is not working.

ubermensch1001

They aren't going to $0, but they will trend lower and lower compared to BTC. Litecoin is still hanging around $40 for instance and Bcash is at $200, these are prices we saw in the fall of 2020 when BTC was trading around 10k.

Previous_Valuable873

Number 2 is totally not true, everyone kinda thought they are buying XMR when using BTC for that....

ubermensch1001

Honestly, I do think there is a very strong case to just convert ETH into BTC because it's potentially to massively outperform it are gone. You could do that and then allocate into some top alt projects and blow it out of the water, there's almost no reason to bother with it in my opinion, and I do have a position in this.

HorsedickGoldstein

Why you checking 97 times a day if 1 BTC = 1 BTC? Seems mad sus

dtg99

You regards don't understand how this works. Every time you say "the bottom is close" it means the bottom isn't close. It's not about sentiment, it's about BTC not being in the public consciousness.

Mammon84

Yeah sure. But BTC will drop a lot more innit. The bear market is just egtting warmed up!

AbbreviationsIll213

It’s the only blockchain that isn’t just a ledger and has actual use cases. When the bubble pops, BTC and ICP will be two of the very few that come out alive. It’s more like an undervalued tech company at this point

Illustrious-Boss9356

You know how many things that run on SHA256 can be switched easily without the need for consensus from many different conflicted parties? And ECDSA will be broken before SHA256, you know the thing that secures public/private keys? And your bank account, mortgage, etc. are all centralized. All that needs to happen is for me to prove to JP Morgan that I'm me. Cannot prove that I'm the owner of a certain BTC address if others know my private key. And how will a BIP deal w a dwindling security budget? These are real issues and I'm not suggesting there aren't solutions. I'm saying it's concerning that very few people are actually debating these issues, rather they're selling and moving on to other things. I didn't sell any BTC for almost a decade, now I'm selling regularly until the actual community around Bitcoin cares about Bitcoin the chain, rather than Bitcoin the number.

iownreddit0690

I proudly own 400+ full BTC , It's a shame the solid 400 is in a landfill somewhere in Alabama! But still stacking lol