IMO

UberMakeitSense

I have been through 3 and it’s eh right now. IMO Bitcoin is still at it’s infancy

FordPrefect343

IMO, an old iPhone.

flips712

River closed my account after my attempted ID verification failed and refused to provide additional information nor did they ask for any additional documentation, which I would have provided. Account opened in Jan 2024, bank account linked, and I had made 10 successful purchases. They said they'd refund my money in 45 days. Poor customer service IMO. It's too bad as I had reoccurring weekly buys set up and really liked their website and app interface. Any suggestions for an alternative exchange? I'm in the USA. Thanks

Spartacus_Nakamoto

Yea, was a joke that didn’t land. Satoshi didn’t invent bitcoin to compete with money transmitters or even banks. He was competing with central banks, money issuers. Using bitcoin as a store of value and buying your family a house is a legit use case IMO.

dkarlovi

Even if you believe all other crypto is a scam, so what? If you're in BTC, what do you care what the rest of the rabble does in the hypothetical muck? When you're an eagle, you fly. You don't go to the local chicken coop every day to hang out all day and keep telling all the chickens how much of a loser they are, being cramped in that small coop instead of being able to fly. People saying shitcoin have big "hanging around my old highschool four years after graduation" energy IMO.

anon-187101

terrible move IMO as well

cahphoenix

I don't think anyone knows *exactly* why. It's definitely true that there is less supply being created and it puts pressure on price to the upward side. 100%. However, I don't think that Bitcoin supply is going to run out on exchanges because it's not the number of bitcoin but the number of available coins \* price that really matters. As price goes up so does the value of the remaining bitcoin. In April - July 2021 (from the chart in article) there were (I'm rounding here): Averaged around $90 billion - $150 billion of bitcoin dollars on exchanges. Guess where we are in the last month or two? You guessed it $100 - $150 billion of bitcoin dollars on exchanges. It's just a headline to get you to click. We are definitely getting supply shocked, but we aren't going to run out IMO.

BaronOfBeanDip

I understand that, I'm just not sure how this is "exactly how bitcoin should be used". I've dabbled in crypto over the years but don't hold any today, and it just makes the whole "philosophy" feel a bit meh. As long as it's valued in dollars, and people congratulate each other on their "investment", and respect selling it for profit, it sort of undermines the entire thing IMO. It's literally just a non existent asset to horde and sell for fiat currency to buy a house? And some other people will buy it and hope to do the same thing?

Keanar

Congrats, HOLD is achieved for you, and it's a great success IMO. I'll sell for the same achievement

_RonPaulWasRight_

Congrats, but this will not age well. And you sold right before the halving-induced up move. Bad timing IMO. But, you do you, and good luck!

foodeater184

Debasement will increase RE and bitcoin prices, but Bitcoin will absorb the bulk while RE provides minimal returns IMO

jawni

1. These are all generalities, they can be true but not necessarily. I was asking in the specific sense with regard to the project. What I'm getting at is, does being VC-free have any substantial impact or is it just something that you can say to ingratiate the project with this sub who has such a fierce (and IMO irrational) hatred for VCs? 2. Every project starts centralized. Pointless to judge projects on contemporary/initial aspects of centralization, makes far more sense to judge them on their potential to decentralize. 3. Usually when I think of unfairness with VCs, to me, it really just boils down to the early access they get to (cheap) tokens . In this case, VC or not, most people are buying into a project already at a $2B cap. It might've had a more "fair" launch, but the end result is going to be very similar to any VC funded project where the vast majority of the public is only buying in at multiples of what early investors got.

flyinghippodrago

1M/BTC is a very realistic goal, IMO

c4real

Things are starting to look a bit more bullish IMO 🤔

333Crypto

BTC ETF's will continue to attract lots of money IMO.

4ss0

I feel you doubts, personally I think that btc should be more used as a p2p elettronic cash instead of just holding it as a reserve of value (and IMO currently it's still too volatile to be the perfect one). Said so your statement are a bit confused on how btc works: intrinsically it has some balancing feature like difficulty and fee "auctions". For example if there are less transactions in the mempool (transactions not confirmed) the fees to be part of the next block will decrease, so less btc is used less fees are applied to make a transaction. Prepare to something very disappointing: this subreddit is an echo chamber where people just want to talk about speculation instead of discuss about btc use cases, limits or whatever. Here only the same arguments are upvoted (which are correct of course) and now it's just speculation and anecdotes of people.  IMO your point of view is in general wrong for what I've stated above on "balance", but not the fact that btc will be less used as a p2p payment. Instead people that have used it as this are seen as someone that lost their lucky lottery ticket, but in reality the more btc is used the more demand will be and also the price will benefit that's what happened when 2 pizzas were sold for bitcoins, people realized that it was useful. I'm not saying that store of value isn't, but this leads to be devalued a bit in the eyes of the normal people (not banks or riches).  I'm a programmer and working in bitcoin related stuff, so I know (as far as my good understanding) how much valuable is it and btc is the automatic, permissionless "future" money that was predicted in sciFi novels. But IMHO we are going too much in pure price speculation instead. That's why I like your post even if it's in some parts incorrect, because is a critical thinking, so ty. 

Cryptomemelover

Love this bro good description saw been raving about this one also very undervalued IMO

TheSexSting

IMO BTC as a P2P cash is gone. The fees are too high and transactions take too long. institutions own it. Then there’s volatility if I’m sending my friend $10 dollars and it becomes $8.91 by the afternoon because a whale sneezed it’s not a cash replacement or a good emergency fund. It’s a volatile investment. BCH is closer and better at P2P. the fees are way lower. Yet even BCH is too volatile right now. Just my 2 cents that might become 0 cents or $20.

K42st

Dead coins don’t need to be recovered as Satoshi said any lost coins are a bonus to all other coin holders because lost coins make all other coins worth more, here is a classic example who no one will vote to increase the supply or should I say likely very few would vote for that increase. Satoshi likely burned his key for those coins it would make sense to keep the network secure and worry free IMO.

genius_retard

I've gotta say, the price is as likely to fall after the halving as anything IMO. Remember it usually takes several months after the halving for the bull run to really kick off. For the past several weeks the price has been up on news of the ETF launch and in anticipation of the halving. The halving could well be a buy the rumor, sell the news event, at least in the near term.

Zaitobu

The pullback is good IMO, we can't just go straight up for months without one. IMO it would be a mistake to assume the latest peak was the actual top for the near future. Many people are losing their position right now!

Digital_Scarcity

Repeating my comment from another thread: Even if you're not this naive I'm going to write it as such for the benefit of others who may be. Go to app store, install Kraken pro. It takes 15 minutes to onboard. Search in "Markets" tab for BTC/(your fiat) pair. If it's supported, fund Kraken via bank tx. Under portfolio tab press deposit, select fiat currency. It'll then spit out deposit address to copy to your bank app. Buy BTC pair via markets tab make a limit order or other to your liking. Test with 0.0001 buys first IMO (the smallest amount you can buy) Trade fee is 0.25%. Free withdraw via lightning network. People use wallets like Strike to receive the lightning tx from Kraken, then send to cold storage for free. Research cold storage. Get something like a Jade or Cold Card + steel keys to start. You may want to look into multi sig too but it's lower priority than the above. Edit: I forgot that Swan have a promo ATM - first $10k USD BTC buys no fees. And they always have free withdraws, but 1% trade fee after the $10k.

RSomnambulist

This is legit for those commenting that don't think it is Hans. One of his most generic sounding songs IMO. Sounds like it's from a Deus Ex game.

jumpinkc

This is not a dumb question. IMO, you've just discovered the holy grail for personal crypto security. As Corbimos mentioned, if you leave a small portion of your crypto in your main seed wallet a thief would empty your bags and you'd know your keys have been compromised. If your 25th word passphrase is secure as also mentioned, it would take a good deal of time to brute force giving you ample time to move your hidden stash. The main idea is your crypto is hidden. It would be like looking for a needle in a group of haystacks in the dark. I would argue a small percentage of people use this method to secure their coins but I believe it's the way.

Sawgrass78

If a large percentage of your networth is in BTC, your spouse should know how to access it in the event of your untimely death or incapacitation IMO....especially if you have kids. Women don't actually care about money, they care about what money can get them. They tend to have a much higher time preference than men. BTC is about saving, women are about spending, so I sympathize with husbands who don't bother telling their wives about their stack. It's irresponsible but I get it.

HydrochIoricAcid

XRP is garbage. One of the only coins that wont pump during altcoin season IMO

TheSlipSlapDangler

If you are a long term hodler that buys into all the libertarian stuff you should just accumulate always. If you are a number goes up kinda person you might want to sell the news in the shore term. Maybe take some profits and purchase other hard assets like real estate. Whatever your ideas are don't focus so much on the short term and stick with the long term plan. Think in decades not months IMO.

BiermanT

Although a valid point, mostly sentimental, though, I feel that you have to tale into account the disruption it could cause if crypto in general would have been widely accepted as it is. Very few people understand how it is maintained, and unfortunately the rich banks don't enjoy the idea of liberty in finance. IMO because of two general reasons: 1. The safety/security fiat currencies have brought to the world. All early kingdoms and gouvernments have, over time, accepted this as a means of value within and between their countries and nations, it has been the greatest evolution in exchange of goods. We have been able to rely to more and lessen extent on nationally/regionally governed means of currency. 2. Bringing power back to the people would greatly disadvantage the current governing organs (gouvernments, NGOs, national banks, international corporations finance etc) to the extent where, unless regulated fairly, they simply would make/keep less money (to) themselves, as these bodies make up a great part and responsibility in worldwide finance

KryptoSC

IMO, I'm skeptical of BTC reaching that low (41k) ever again. I get that it has bull and bear runs, but now that we have ETFs enabled, I believe there is too much support and greed from the stock market traders/investors to let it get that low.

how_anonymous_can_1b

Woah thanks for sharing. Biggest update IMO is BIP324 being enabled by default. This allows nodes to communicate in a more secure fashion!

ArnzenArms

I self host a BTCPay Server and have been pretty happy with it. If you are able to run your own node and lightning node the payment server is not much overhead. I believe they have a Shopify plugin, but I have no experience with that. There are hosting providers (such as [https://voltage.cloud/btcpay/](https://voltage.cloud/btcpay/) ) that ease the process but generally have some limitations. IMO, the hardest part is the Lightning node. There's some overhead maintaining channels but if your average ticket is less than a couple hundred dollars, it makes sense to be able to receive lightning payments.

ZadieZolae

This project have a huge use case IMO. Defo invested guys!

Defusion55

It would be interesting and worth the shot IMO to start a class action against Gensler. He denied the BTC ETF for YEARS only to be sued and the courts find out he was acting without any merit. You would think that alone would be enough evidence to sue his ass for something. All those companies that spent who knows how many hours and $$$ on setting up their ETFs to be denied over and over. If I was the winklevoss twins I would for sure try to sue him.

EarningsPal

Didn’t buy it, not going to buy it now. He was not willing to lose on BTC. Something he didn’t understand was about to continue higher. IMO you might as well join in on the fun. Get off zero.

GuyWithAComputer2022

Well, IMO he's not wrong on the Wall Street take

happytobeunhinged

Tis easy to run an umbrel and validate base chain transactions but running a lightning node is not as straight forwards… I mean yes you can run it from an umbrel but you also need to make sure you stay on line as if you dont then you better have a watchtower as you may get force closed etc… these nuances mean that an umbrel and a raspberry pi on a basic home internet connection without redundancy make it less than ideal to run a lightning node IMO. BTW I have done it and while umbrel make it straight forwards the underlying tech still is not simple.

dvsbyknight

I don't like Peter at all & can't believe I'm defending him, but on this point he has addressed it in a way that doesn't undermine his hatred of bitcoin. He has said if people want to give me their fake money for his products he's happy to accept it and immediately convert it to real money. So he's wrong about bitcoin, but accepting it on his site doesn't make him a hypocrite IMO.

puffman123

Cold card waste of $. Go seed signer or foundation passport. Both use QR codes. Seed signer way cheaper and better UI. Foundation passport better UI UX and better support. And better quality IMO

WeakLab4828

All the values are on the blockchain. Think “wallet” as password manager or private key manager. IMO wallet is really a misleading name.

heydudekac

My Rollie is on EBay right now. I’m over that shit and the Rolex community sucks IMO.

TripTryad

Doesn't sound a lot like you limited your transactions much last year man. I agree with you on this post, but 150 corrections on CB alone + DeFi activity and so many transactions that it took you days? Sounds like you were trading your ass off this year. Nothing wrong with that, and it should be easier, but that part just made me laugh. I only go through that kind of quagmire in the bull market years when I have a TON of sells, all of the buy only years are easy to track during the bear market IMO.

142NonillionKelvins

Both are irrelevant IMO

SmooveMari

Yall heard of DYP? Defi gaming token with $11m market cap on coinbase. IMO it’s a hidden gem but always DYOR

AstroRoverToday

IMO, a novice should take the time to learn about seed phrases (including Master and Child Seed Phrases via BIP85 indexes, and Pass Phrases), Addresses and Private Keys, and all the security knowledge that goes along with self-custody.

Tasty_Action5073

The halving is a pre-programmed event that cuts the Bitcoin rewards resulting from mining blocks by half. In market terms. The supply of new bitcoin to be offered for sale is cut in half. Instead of new 900 coins going to sale everyday, it goes down to 450. No one knows how the market will react to this. But in the past, when supply went down, the price went up because the demand remained the same, more actually increased because of the hype. Again no one knows how the market will react. And the halving only effect new Bitcoin being added to circulation. The total supply of bitcoins offered on the market might go up, down, or remain the same. As to buying. IMO it’s very stupid not to have some skin in the game. But don’t go nuts and realize you need your money in a week. Also learn how to take the Bitcoin you buy out of the exchange to your own wallet.

autisticwigger

omegas are the best IMO. I thought it would be always cool to own one. when you price the watch in bitcoin the price of the watch would definitely get cheaper.

zada-dog

Here are some recent podcasts to pass along. Start with the fundamentals... it will take a little time, but IMO a far better approach than to just trying to convince your wife of number-go-up. Here... in this order: **1. Bitcoin Policy Summit Opening Speech (Natalie Smolenski)** [https://www.youtube.com/watch?v=UiDa\_wP8q3s&ab\_channel=BitcoinMagazine](https://www.youtube.com/watch?v=UiDa_wP8q3s&ab_channel=BitcoinMagazine) **2. Bitcoin Use Cases (Alex Gladstein)** [https://www.youtube.com/watch?v=TI3Xcei8d\_I&ab\_channel=WhatBitcoinDid](https://www.youtube.com/watch?v=TI3Xcei8d_I&ab_channel=WhatBitcoinDid) **3. Bitcoin Use Cases (Andrew Hohns)** [https://www.youtube.com/watch?v=SGUxaG4UxAw&ab\_channel=TFTC](https://www.youtube.com/watch?v=SGUxaG4UxAw&ab_channel=TFTC) **4. Bitcoin 101 (Swan bitcoin)** [https://www.swanbitcoin.com/canon/bitcoin-101/](https://www.swanbitcoin.com/canon/bitcoin-101/) **5. Learn Bitcoin (River)** [https://river.com/learn/](https://river.com/learn/) Again, the point of these videos is that it's a start. Sure, there are 1000's of others, but these are super recent, relevant and should at a minimum peak some interest. These will help not only help explain what bitcoin is, but the use cases that it has and how it's changing people's lives right now and potential to drastically change the future, and WHY you should think about owning some now. Hope this helps, and good luck.

somethingimadeup

We desperately need a website before this type of promotion IMO. We need a good looking central place to send newbies to where we can explain how moons work, how the tokenomics are bound to cause an increase in price eventually due to a limited supply and constant burning for banners, past price action, total supply and burn rate, etc. We look very rookie without this.

uthillygooth

That's a fair point and I give you credit for the insight. IMO the perspective should be it's possible but is it probable? What is going to make SUI,SEI an outlier that aligns with Solana's unique rise versus the vast majority fate of VC coins. It's a bit of apples and oranges, but it's a bit like buying a promising shitcoin and thinking it's going to be the next DOGE, SHIB, PEPE, etc. Yes, the chance is there you'll hit but more than likely going big into those promising shitcoins leaves you broke. Like I said, a bit apples and oranges. I thought about going and looking at the full unlock solana schedule since it launched 4/2020 but I didn't delve too much into the details. It looks like 2021 is when the majority unlocked? 3 years ago. Not to mention the massive dump that you have had to hold through in late 2022 when it got down to 5-7 dollars. The market at the time and the FTX debacle contributing of course.

Terckon

It would give BTC supply shock and raise the price as long as demand stays strong IMO. HK is opening up BTC ETFs on Monday.

Fine9999

IMO, Having been through a couple halvings myself, you definitely should get some BTC. Just do it, dont think about it. Your portfolio is pretty heavy in the risky side right now. That being said, Osmo and Dym are actually decent options if you can keep dca down. They have great staking rewards and are in line for more airdrops (quite a few have been announced). Ive made ALOT with the Cosmos ecosystem from airdrops and staking, especially this last cycle. However, its still not an autopilot option. With the Cosmos ecosystem its going to take patience and require more research and time to make sure that the claim/airdrops are legit or not. When you do get something, take your profits and put them back into your pocket with BTC and possibly some fiat (for fun or whatever). I know this is probably not going to be the most popular opinion, just wanted to offer a different perspective based on two of the projects.

LoveSexDraems

The alt coin rallys are less steady than the btc rally this time around IMO

imjsm006

DCA but what happened yesterday still has me shaking my head. IMO uninformed people sold yesterday while drones and missiles were in the air. Our military spending is “discretionary” spending. Discretionary spending is not funded by tax payments, it is funded by debt finance. Debt finance means printing money. Printing money generally leads to inflation. Bitcoin can be used as a hedge against inflation.

Shrekworkwork

There’s def a big risk. If it hasn’t shown any significant strength yet in late 23-early 23, then its  not looookin to good. IMO my favorite are projects that pump when everything else is red, kinda like link is known to do. Two of these are ICP and GFI. Yeah they’re my bags, and I said it.

orangejulius

Yeah I agree with that. Blowing up their consulate to kill a field general was a little beyond what the Iranian regime could take on the chin. They’ve already released a statement that they want to move on from this which means going back to covertly and not so covertly murdering each other in the region through proxies. IMO this is a buy opportunity. Or it’s world war 3 and we’re all fucked anyway. Invest in bottle caps or something.

BarryTheBaptistAU

No. It's one person's IMO. I don't agree with 90% of the absurdist claims you make on this sub, but that doesn't mean I feel the need to publicly deride them.

BarryTheBaptistAU

IMO, this drop is NOT because of the Middle East tensions, but more about miners selling off their holdings before the halving while they can still get decent ROI.

godofleet

yeah, you asked how to stay zen... IMO, worrying about shitcoin bags or (similarly) wall street shenanigans ... it's all about as far from zen as i can imagine... i have none of this stuff on my mind. like, i have no worries... no 401k, no IRA, no real positions on wallstreet... a mortgage i can afford (and scored a stupid rate for in 21') you can simply stack sats, live reasonably ... work for a decade or two, avoid lots of debt, avoid the drama/stress of gambling on endless things to beat inflation... bitcoin lets you save and appreciate your hard earned value across time unlike anything else humanity has ever experienced, it's extraordinarily hopeful and abundantly zen. so like, sure, you can gamble and maybe score some extra sats by preying on other less savvy or unlucky market participants (IMO icky business akin to MLMs) ... but you know it's a load of shit... and you might end up holding it... why expose yourself to that when you can just have the soundest monetary solution long term?

Worried-Society-2880

Yeah right, no one knows what may happen, IMO it'll pass without mass war

Backieotamy

As I answered, buying into a project by purchasing pre-ICO is "investing" in an idea and IMO a bad one and if he wants to invest in projects and coins he should educate himself and stay away from pre-ICO sales unless youve done your due diligence in who is involved with the project. Wahteve rpoint youre making otherwise is more background noise in an environment with more alarm bells than not and based on the fact he is asking this question alone means he should learn a kot more and not listen to bad advice from some rando on the Internet.

AbbaFuckingZabba

IMO this is us govt selling. They moved to coin base not long ago.

purplecowz

IMO there's no way it's going back up before Tuesday, stock market has to crash Monday morning right?

Digital_Scarcity

Even if you're not this naive I'm going to write it as such for the benefit of others who may be. Go to app store, install Kraken pro. It takes 15 minutes to onboard. Search in "Markets" tab for BTC/(your fiat) pair. If it's supported, fund Kraken via bank tx. Under portfolio tab press deposit, select fiat currency. It'll then spit out deposit address to copy to your bank app. Buy BTC pair via markets tab make a limit order or other to your liking. Test with 0.0001 buys first IMO (the smallest amount you can buy) Trade fee is 0.25%. Free withdraw via lightning network. People use wallets like Strike to receive the lightning tx from Kraken, then send to cold storage for free. Research cold storage. Get something like a Jade or Cold Card + steel keys to start. You may want to look into multi sig too but it's lower priority than the above.

michelepicozzi

Not really accurate (IMO). Housing used to be considered part of the basket of good for instance (same as red meat etc) over the years most products get swapped for ‘cheaper equivalents’ hence they give a lower CPI (consumer price index) which is factored in how inflation is measured. If we go to the basis is simple. What causes inflation? One answer only, issuing more monetary medium (aka printing money). Example: How much money has been printed last year? 15% of total supply? Well that is the level on inflation that we should realistically consider (of course those effects are slighty delayed but they catch up) Gold or BTC is a good example, only 2-3% is inflated per year (with BTC decreasing as times goes by) making it a better store value long term compared to majority of things. Housing in the city center is another example, very hard to inflate the offer as in many cities all the land has been built already. Well FIAT money on the other hand… Hope this explains it

i_am_starborn

IMO I can’t describe it any better than this: https://www.reddit.com/r/Bitcoin/s/UMTz2GVdPq

TravelFn

Keep DCAing until it’s 99% Just kidding. You never stop DCAing :) Personally I’m not selling the most world changing technology since the internet itself when it’s at 1% adoption. IMO this is the best time ever to buy (risk adjusted) and the worst time ever to sell. This is the period where adoption pace will pick up as we quickly go from 1% to 50% in the next 10 years or so. Bitcoin is going to multiple millions of dollars before you know it. Frankly, there is no second best. If you believe in the ethos behind bitcoin you realize how fundamentally every other investment pales in comparison to bitcoin. Bitcoin is freedom money that can’t be seized through debasement, taxes or other means. It’s permissionless ownership. Everything else you can own you own with permission from the authorities (government etc). Let’s take real estate for example. Most jurisdictions have property taxes. If they raise your property taxes a few percent a year, up the appraisal of your house 7% in 15 years the result is they’ve seized the entire value of your house. It’s sneaky, and most don’t understand the math but this is how it works. Virtually every asset works this way because THEFT is far easier than creating new value. Governments, institutions will always try to find sneaky ways to fleece you without you even noticing. Play stupid games, win stupid prizes they say. This is why the best option is to exit their game and play the one truly fair game there is. Buy Bitcoin. Hold Bitcoin. You don’t sell Bitcoin. SELL BITCOIN? For what… something worse? There is no second best.

Jaster-Mereel

For me it’s because I already know what to do on days like this: don’t sell. I learned that lesson already. On green days I have zero clue what to do. Sell? Hold? I don’t know. Nothing I own is up enough to change my life so I just sit on it. Plus I worry about how far up it’ll go if I do sell. Much more to think about on green days IMO.

Tebundo

River sucks, stay away from them because of their fee's unless you do automatic withdrawal then their fee's are free. They also love to take forever to verify your identity so you can withdrawal your BTC to cold storage. Kraken Pro is way better IMO.

gmdtrn

Not all alts are equal. There are good ones out there for the tech they offer. IMO the ETH L2's just went on discount, and I wish I had more free cash to load up. My last free funds went into an L2 when a STOP-LIMIT was triggered while I slept. I expected the fall, just didn't know where the bottom was. So, I'm happy enough even if I don't capture the local minimum.

nft-veve

Comeon. That's the real way. I know it's in the red for today, but DYOR. the demand IMO is there

subdep

Pessimistic, IMO. Eventually the entire world economy will be in crypto.

satoshyy

Just keep buying. It will outperform everything else forever, IMO

Snackatttack

56k will bounce IMO

Zomthereum

When very few are making money, it’s not a bull run, IMO.

SoupaSoka

This depends wildly on where you live and what you need to spend, in fiat, to survive/be "financially free" year to year. On the high-end, I think no one expects BTC anywhere above $10,000,000 per BTC in about 10 years. And that's a really high end estimate at that. So let's say you have 0.1 BTC in 10 years and that means you have $1,000,000. Can you be financially free on $1M? If you're 35 years.old, can you stop working, sell that BTC for fiat as needed, and survive on that for 35+ years? I'd bet you can't if you live in the US in any major city. So to me, something like 0.1 BTC will never be financial freedom for the average American even in the highest estimates for BTC pricing. Now imagine BTC hits a more realistic but still far from guaranteed $1,000,000 per BTC? That 0.1 BTC *definitely* isn't gonna get you financial freedom. Even 1 BTC isn't gonna do it most likely. IMO, to retire on BTC alone in the next ten years in a US major city, you need at least 5-10 BTC, minimum.

EdwardPotatoHand

HODL. now is not the time for REITs thats for sure, IMO

KiwiJah

ONDO is massively inflationary and will rekt a whole bunch of traders tbis year IMO. You're on the money with RWA though. Check out $CHEX, fully distributed, $B's in TVI coming in 2024, plus staking and burn mechanism. You can thank me 100x from now.

DeliciousStretch

The main use of BTC is store of value. Which right now is held in gold ($15T), fine art(5T), real estate($300T) , bonds...to name a few. The overall market of SOV is around 350T. So the real question, in my mind, is how much market share will BTC take in SOV? The biggest market of SOV is real estate at $300T. So, lets just focus there. We know people need to live in homes to survive, that market will always exist. The next question is, how many wealthy people are storing their money in real estate... the answer is A LOT!! Im not talking about their primary family homes and a couple of vacation homes. We're talking houses and condo's they rarely visit, because that isnt why they bought them (which is one of the causes for our inflated real estate markets) . Would you (as a wealthy investor) rather put your money into a house that has to be maintained with gardeners, pay property tax, take the risk of 'acts of god' destroying your investment ... and then, when you decide you want to sell, you have to find and agent to take pics, put it on the market, show the property, which could take a minimum of 60 days to liquidate (being generous)? Or would you rather have a digital asset that you can travel the world with and when/if you wish to liquidate you can do so anywhere with an internet connection instantaneously? Of course ive heavily over simplifying for sake of conversation here. But, to answer you question, IMO, I feel its safe to say BTC should grab about 1/3 of the SOV market which puts it roughly at a $100T asset. Brining the total price per coin to around $7 Million and change.

Particular_Relief154

All the predictions are only that of course- but I’m expecting 6 figures this year after the halving, due to the scarcity of the mining rewards, coupled to the ETFs purchasing more and more. I can see this create a shortage on exchanges, driving the price. I can see a 2025 bull run into the mid 6 figures before pulling back to 80-100k IMO. I’m only going by my own research here, which is a mixture of my own thoughts coupled with statements made by a few people in the industry.. I can’t see that investing more would put you on a loser tbh, I can see it increasing the next 18-24 months or so. However, you need to have full conviction in your decision to either invest or not- because if you don’t then you’ll always be bitter at the choice you could’ve or should’ve made, potentially blaming the source who helped make that decision. It has to come from you, and only with money you can afford to lose if it goes tits up

RizzoStaxx

You should find a podcast where Michael Saylor sort of talks about this. He thinks it will be so valuable no one would sell and people will borrow against it. This is actually one thing he says I disagree with. I think it could be true but at the same time. How would anything get done? Because at this point in time people will only want to work or give risk for bitcoin, so those hiring would have to sell right? Saylor also says that he will hold until there is a better asset. Whose to say that assets today aren’t just as good as bitcoin? The only reason real estate and stocks aren’t worth investing in compared to bitcoin is because of what clown world has done to these “stores of value”. When everything is run and priced in bitcoin many asset will be just as valuable or more valuable IMO I’ve thought about this a good bit let me know if it makes sense I’m not the best at explaining my ideas.

benmck90

Exactly. Say I have an exiy point of 120K (which IMO makes sense), but what if BTC keeps pumping to 350K? It may only dip to 150K during the bear, and I'd be better off holding profits from alts in BTC rather than fiat.

GoodHands325

Consolidating above previous ATH closes…definitely not peaked. Accumulating and shaking out people before the next leg IMO

Wadafak19

IMO it will go way higher than that. If I discount S2F model, it may peak around 400K. No crystal ball here either, just a good amount of hopium after a tough bear cycle.

9htranger

I doubt it. This halving is 1/16 as relevant as the first, and there isn't enough data to support this narrative that bitcoin will reach anywhere near $150000. I hope I am wrong, but i expect a significant sell off. There isn't this calvary of investors coming to double the current price IMO

BrianS911

That's about what I figured,Same margin as it was .Atleast it looks played out now Bollinger bands are ready to rip IMO..Hopefully upside if not another opportunity to buy.Inlu thing is I think this cycle will be played out by the end of 2024.

derbyfan1

I have always said, hitting $1 was a monumentous moment in BTC's history. Far more telling than BTC going to 6 figures IMO

LtColumbo69

i did mean saleries v inflation yes as for the stock market, i don't have an issue with the stock market or investing in companies etc, i think it's great if you have access and the spare capital. Sadly, most people in the world can't participate and also have regimes that make it a risk sometimes to even keep money or assets in the bank. to these people, having something like bitcoin to hedge inflation and have a savings technology that works is lifechanging (yes they could use dollars under their mattress but that has other risks associated with it and it is still a melting ice cube). Plus it's just plain sad that we live in a world where you have to have all kinds of investments just so you money barley keeps up with inflation then you get capital gains tax, all becuase of federal reserve banking and fiat currencies. If you had a half oz gold coin in ancient Rome you could probably buy a sick new toga and some sandles and some other things, and with a half oz gold coin in 2024 you can still buy some nice new shoes, a suit and still have money left over. That people can't just have a way of saving without having their wealth stollen via inflation is a crime IMO. That being said, my position is based on a belief that btc is the most scarce asset created by humanity and is, if nothing else, a hedge against the FED and fiat that is fully soverign. But if your opinion is different that is fine and i respect that. People need to do what they feel is best for them and set up their savings and investments in a way that lets them sleep well at night.

libretumente

Looks bottomed out at least for the time being, lots of upside potential. LTC more likely to go back to previous ATH at 420 than BTC is to 300k this bull IMO.

DarkPhoenix1127

i mean i found 5-6% on localcoinswap which really isn't that bad IMO. if u wanna buy without KYC you'll always be paying extra, it is what it is.

DarkPhoenix1127

Yeah i tried buying on Bull bitcoin, it's the same dogshit with ID verification. Yeah I can use Canada post but it's complicated IMO, I just decided at that point I'll use p2p exchanges like u/longonbtc mentionned.

relevant_trad

At this point, everyone should realize the BTC is the hedge against inflation. Its better than Gold IMO, if not now, in near future atleast.

Silver-Rub-5059

If you search Szabo here you’ll find interesting posts from years ago. Including this: There are several indications that point to Szabo = Nakamoto.   1. ⁠There used to be a comment on his bitgold markets blog where he asked if anyone had the coding skills to help him knock up a bitgold prototype. From memory, I’m fairly sure Hal Finney commented in reply. I’ve looked and it appears that this comment thread has since been deleted from his blog. 2. ⁠The Satoshi White Paper does not reference any of Szabo’s work. Why not? Szabo laid a lot of foundations, but is not referenced in the White Paper. It’s possible that if Szabo is Satoshi, he didn’t want to reference his own work. 3. ⁠Hal Finney coded the Reusable Proof Work part of bitcoin. We know that Szabo and Finney agreed to work on this code together from the original discussion on the blogs mentioned above. We know that the first ever bitcoin transaction was made between Satoshi and Finney. It’s not a stretch to assume that Szabo = Satoshi since both were working with Finney at the same time.   IMO - Szabo was “Satoshi” online presence on forums and such, but Finney did most of the code, based on Szabo’s ideas. In this way bitgold evolved in to bitcoin. Technically one could argue that therefore Satoshi was not one person, but a combination of both Szabo and Finney and maybe others. Therefore, Szabo and Finney were not lying when they denied being Satoshi. Technically neither were, but combined they embodied the mythical creator of bitcoin. Neither could have done it on their own.

DetectiveCommon4162

This is my main problem with the CPI, too, but there is one upside to calculating the CPI in this way: Instead of 'designing' a basket, which is something that would allow for easy manipulation, they just measure what people are actually buying. That makes spotting manipulation possible. The effects you describe basically mean that comparing decades makes little sense, and it also becomes very hard to compare year-to-year inflation if something (like a global pandemic) changes what people put in their basket very much and very sudden. IMO we need another number that we track alongside the less easily manipulated (but systemically broken) CPI that tracks things like housing, heating, food, required insurances and other essentials. Because that's the stuff people notice, and what causes them to rightfully question the CPI numbers.

jawni

Huge area for growth and IMO is likely what initially drives mass adoption. Stablecoins are the OG RWA and they've been a huge success, only a matter of time before more complex assets and instruments are tokenized and moved around on crypto rails.

HeroicHeron

In theory yes. In reality I'm pretty certain that foreign aid would significantly decrease when the money sent has to be collected through taxation rather than through inflation of the money supply. The reason is that inflation is a hidden tax, the extent of which is easily understated and the masses of people don't even understand that it harms them (i.e., the purchasing power of their salary and saved cash dwindles). On the other hand, income tax, sales tax, capital gains tax etc. are all opaque. You can argue that the 'effective tax rate' is somewhat obfuscated because there are so many individual tax rates you need to consider, but raising any of these would be met with some political opposition. I believe more people would oppose the concept of sending money to foreign countries if it directly impacted their financial situation in an easily observable way. This is also a contributing reason we moved away from the gold standard IMO (of course the supply of gold could and can be increased by mining, but there is a cost to it, whereas under the fiat system the cost is offloaded to the population).

sQuawkster88

A favorite quote of mine on gold applies to btc here: “gold is a chameleon asset: sometimes it’s a currency, sometimes it’s a safe haven”. Bitcoin is similar. Of course bitcoin has other dynamics that make it different than gold but the comparison is relevant for today’s move IMO. So right now it’s acting like a currency - when higher than expected inflation in the US sends btc down, the currency narrative is that the US dollar is relatively more attractive vs BTC on this new information because holding USD will yield higher risk free return (think CDs yielding 5%). The safe haven narrative is in my opinion largely what has been in force year to date sending both gold and bitcoin higher. Geopolitical uncertainty in the Middle East, rising unemployment which has historically been the last domino that triggered recessions in the past. Bitcoin at times like this is viewed as an uncorrelated asset class relative to stocks, and this narrative is especially more relevant ahead of the halving, which provides an idiosyncratic catalyst. This narrative is the most fickle - remember the last few years when bitcoin just acted like a levered nasdaq - the opposite of the dynamic that I just laid

tannerjohngates

I used to by every week on CashApp from 2018-2021. Switched to Strike since. Both are good options for now. Here are some options ranked from best to worst IMO: * Strike * CashApp * River * Swan * Kraken * Coinbase * Gemini * Binance * Robinhood If it's not listed above, DON'T USE IT! Also, be sure you are using the correct site/s. Finally set up 2FA on every account with Authy and/or Google Authenticator. Never use SMS/text 2FA! Lastly, get a hardware wallet. Don't leave your coins on an exchange. The whole point of bitcoin is to be your own bank.

ts_wrathchild

> but it seems somewhat naive to imagine that “this time it’s different!”. Does it, though? IMO, this time is *very* different. We have ZERO historical data that would allow us to predict what happens between now and next year because in past cycles we had about half of the capital exposure as we have today - and that's being generous. Bears who attempt to time *this* market are going to get absolutely eviscerated. We're going to have posts here in early 2026 asking when it's going to drop to 150K because OP sold at 110k thinking we were overheated, only for it to shoot past 250K. Careful this time guys.

nezeta

$20,000 is a bit too optimistic IMO. I set $10k is the real target of this halving cycle, but I'd happy to be proven wrong.

bbiittccooiinn

Reason for dip IMO > A crucial report Wednesday is expected to show little progress against inflation > The consumer price index will be released Wednesday morning and is expected to register increases of 0.3% both for the all-items measure as well as core. > On a year-over-year basis that would put respective inflation rates at 3.4% and 3.7%. >Markets have grown nervous about the state of inflation and how it will affect Fed policy