MM

thistimelineisweird

The only reason the US may have a debt crisis is because they keep electing Republicans who lower taxes for the rich and increase spending.  That's it. That's the list. That said, being the world's reserve currency does have drawbacks for the country in question despite its many merits. But, yeah, I can't wait for BTC to be worth $1MM and the USD worth 90% less due to inflation and no longer being the world's reserve currency. I'll be rich! ...wait a minute. 

Huge_Monero_Shill

So you would feel comfortable with say: $80,000 annual expenses, inclusive of most 'unexpected costs' * $2MM in assets: $160k HYSA | 19.4 BTC ($1.8MM) Annual expenses picked just to make the math easy. Yeah, this actually sounds about right. Personally, as much as I believe in Bitcoin I'd want a sizeable stock portfolio, say: * $2MM in assets: $80k HYSA | 10 BTC ($950k) | $970k VT (total world stock ETF) All Bitcoin in retirement is just 'win more' at the cost of risk.

comp21

Just to be pedantic: 20,999,999.9769 is actually the cap for Bitcoin. Not 21 MM. It's actually more scarce than you realize.

soks86

I think it's more likely that 21,000,000.00000000 fits into a 64 bit number without loss of precision. I've seen no evidence but this is the only thing that makes sense. Why not 99MM rather than 21MM, I dunno. There are cases where only 15 digits fit into a 64 bit number so maybe stopping at 21MM handles that, I'm not keen on the details here.

livingandlearning10

I agree market price is determined at the margin and in efficient markets price is determined by demand and supply...are you implying you're going to manipulate supply to get the price to $10MM? The market cap is totally relevant, yes this thing may not have fundamentals, but it shows how much money is invested in the asset class. Just like you'd look at how much money is invested around the world in bonds, equities, real estate, gold etc. There is a finite supply of money in the world to invest among these various asset classes. If you took all the liquid money in the world today (aka the broad money supply, it would total $129Tn). If you dumped all that money into bitcoin, assuming you don't manipulate supply, the implied price would only be be $5.9MM (~60x what it is today (~$2Tn to $129Tn). I already explained how I came to the figures but I'll do it again. Btc price today: $93k. Multiply that by number of BTC out there and total money invested in BTC globally is $1.92Tn or so. So let's round it up and say at a price of about $100k, market cap is about $2Tn. For the price to go from $100k to $10mm, assuming you don't manipulate supply, there'd have to be $200Tn invested in this asset class. For comparison, total USD in circulation today is about $2Tn (1% of the number you're talking about). Again, the total money supply has 5x over the last 20 years. Let's assume it 5x again in the next 20 years. So total money supply goes from 129Tn to like 635Tn right? You're saying BTC asset class will represent 200Tn of that...that's like a third. What you're implying is that if you add up the entire global monetary base, all the cash circulating around the world, all the money in checking accounts, short term savings, treasuries, liquid securities. 1 in every 3 dollars of that will be invested in btc. Mind you in 20 years at an avg annual inflation rate of 3.75% (which is about the avg inflation rate for the last 20 years), that $10mm is really more like $5mm in real terms indexed to today's dollars. The $10mm headline really makes people think they're going to 100x their money and get rich off of bitcoin.

livingandlearning10

Dude I get it, going from $93k to $10mm in 20 years is a 25% CAGR. Bitcoins cagr historically was higher than that so why not? Ofcourse it was higher than that, it didn't even exist 20 years ago. It went from $1k market cap to $2Tn. So why can't it just go to $200Tn, right? Or even a quadrillion? It would still be lower than historical average. You get that people have to actually buy it to make the price go up. If you were to take all the money in the world today, every single dollar, plus every single liquid asset owned in every single account in the world, bitcoins market cap would go to 129Tn, implying a price of just under $5.9mm. Obviously you don't believe there's any possibility of even that happening right? So 10mm is totally out of the question. Even if you try to justify it by saying oh but it's in 20 years the global economy will grow, the money supply will expand etc etc. You'd literally have to put 1 in every 3 dollars of the entire money supply in 2045 into bitcoin to get a price of 10mm....mind you with compounded inflation, that would represent less than $5MM in today's terms...but still that's just to give you an idea of how outlandish a number this is. It's not comparable to anything in global capital markets, from equities to bonds to fx...nothing. it's not even an investment per se, maybe it can have some sort of use as a global currency...but for something like this to materialize you'd have to basically make the whole global economy trade in crypto. A new world order. Maybe itl happen in the next 20 years but that's more of a paradigm shift than some growth projection. You're not projecting to grow at some rate you're projecting to turn upside down the whole way the global economy works.

JashBeep

10 minutes after this comment, u/livingandlearning10 edited [this](https://www.reddit.com/r/Bitcoin/comments/1k7oz2y/the_ceo_of_a_bitcoin_treasury_company_stated_on/mp1lu0u/) comment to remove their 100m reference. It now reads. >$1MM maybe, $10MM...can't see how that's realistic at all. it originally read something like >$1MM maybe, $10MM maybe at a stretch... $100MM can't see how that's realistic at all. I gave u/livingandlearning10 a further 10 minutes to get back to me but it looks like they are not going to. This time I quoted their comment because I suspect they will delete it completely after I post this. It's ok to make mistakes. Live up to your username. You can just say, 'yep, I made a mistake". I won't hold it against you. I made a mistake when I misread your post that gave an answer.

livingandlearning10

At ~100k price, BTC market cap is 2Tn. At $10MM price, BTC marker cap will be 200Tn. For comparison, if you took all USD in circulation in the world today, it would be about 1% of the number you're talking about. Current total broad global money supply is 129Tn, which is 5x what it was 20 years. Let's say the total money supply does another 5x over the next 20 years...total money supply will be about 600Tn. You're saying BTC will make up 33% of the total broad money supply? That's 33% of the global monetary base, liquidity in circulation, checking accounts, liquid savings accounts, money market funds, treasuries, shorter term bonds, and other financial assets. Literally would have to replace all currencies and take and also swallow a third of the global stock market or a third of the global bond market. There's just not enough $$ to support it. Maybe 1mm or even 10mm but 100mm is insane.

your_red_triangle

wallets already have an address book. the issue is user error, why are people copying from the last tx when they could use a saved address book or copy again from the CEX wallet, in this case Binance. In metamask I have the addresses I use saved, if it doesn't match the name doesn't show up in MM. At that point I would stop and double check.

skydiveguy

No. First, if it hits $1MM it will hit $2MM. Secondly, You dont sell sound money for fiat money. Paying off your home is fine as thats not a depreciating asset.

s4yum1

If it reached $1MM tomorrow, then yes. If in 10 years, then just hodl

integrityandcivility

I couldn't do whatever I want at BTC of $1MM. I like that $1 Billion by 2038 prediction by Fidelity

pokemon2jk

Aren't all those YouTube influencers billionaires like MM crypto, the moon and DaVinci

Pinewatch762

I have tickers set on my lockscreen of my phone for a few meme coins i “day trade”. But eth and link are on there as well. So i see those and it determines if i open my MM or not 😂

Original_Party4811

You just May find home made porn. 8MM

Wipeclean1

It's always been that way. It seems to me that Democracy is a marketing tool allowing the easy management of people. MM is so controlled to the extent that the average Joe repeats what they are fed without really thinking about what they are repeating.

mokahless

>Am I too late? Is Bitcoin already at its peak? (~84,000$) Or is there still room to grow and be part of something bigger? I think you already know this but it is important to state that any answer to this question is merely a personal opinion. My own opinion is yes, you are too late. Not entirely too late but too late for the gains many of us already saw. I doubt you will 100x your money with Bitcoin even in 10 years and I think the chances of a 10x from the current top is slim (but possible). Is a 10x good though? Yes, I guess it is. Additionally, you could simply hold onto it for the same reason people hold onto gold. What if a world event destroys the US stock market entirely? Unlikely but there's your protection. Diversification into Bitcoin. But keep things balanced based on your risk profile and what you value. Personally, I'm seeing us reaching close to the peak of what is possible with Bitcoin's price in just a speculative market. And don't let the simps in this sub tell you the price is due to "inflation" or something and not the speculation. It absolutely is speculation at this point in time. Want a future inflation hedge? Sure, Bitcoin *might* turn into that in 10+ years. But right now it is a speculative asset. Anyway, I can see us reaching to - or close to - 1MM USD in another speculative peak in 3-8 years or so. But I have trouble believing Bitcoin's price can go much higher without real mass adoption. We've had waves of semi-adoption but I mean real, true, full adoption. I'm not convinced Bitcoin can hit full adoption in our lifetimes. It's possible, but I wouldn't put a huge bet on it if I wasn't already invested in Bitcoin. I'm not saying it can't happen during our lifetime but it's chicken-and-egg problem with greedy fucks at the top who want to retain control. It might happen, it might not. Don't be the farm so to speak. But if you do want to invest not just for the possible 10x but also for that long-term possibility, do it now rather than later.

mokahless

People have been saying this since $100 for every new significant digit. That's not how this works. Bitcoin will never make sense to people. We will (or have) approach(ed) a point where the majority of people who are interested in Bitcoin economically, scientifically and politically reaches something close to critical mass. That doesn't necessarily mean mass adoption. And if it did, the vast majority of people would be using Bitcoin without even knowing it. It would not make sense to them. It is also very possible given the markets (and become more likely with each passing year given inflation) that $1MM will just be another investor frenzy price like the last bubbles. Your statement doesn't work.

spezdispensa

He said when 1₿ equals $1MM, 1 sat will equal 1¢ (not $1). So you're saying the same thing essentially.

Aerocryptic

Rabby is way better than MM

sporattic

Switched accounts because I normally post here under my main account, which uses my real name. *Current Situation* 60M, retired. Current primary (liquid) assets: ~$2MM USD and ~25 BTC. USD is in 4.3% yield money market, because I don’t trust the stock market. BTC holdings is bc I don’t trust the dollar. *Cash-out Strategy* Cash out strategy is to live off the rake from the money market. I have other sources of passive income as well. And, as BTC hits its increasingly higher marks, I’ll reallocate some BTC into USD. As that happens, my monthly income chart just goes up and to the right. For example: sell 5 at $150k, 4 at $200k, 3 at $250k, etc. To be clear, I think BTC is inevitable/game theory at this point. Done deal. But this way, no matter what happens, I’m fine. And the ratchet only turns one way. BTC goes to zero? Fine. Stock market crashes? Fine Both just plug along? Fine BTC moons? Way more than fine USD implodes due to debt spiral? Still fine Could I make more, just staying in BTC? Yes. But then BTC becomes a single point of failure. I don’t need to absorb that risk. I balance my allocation for the same reason I retired early: why carry a negative on your balance sheet (risk/more work) if you don’t have to? If you constantly crave that next $1MM net worth marker, you have to absorb that associated (and existential) risk. Realizing you have *enough* frees you from needing to absorb that risk.

TheBigLebowski_7

Who is this whale? Did GME just make a $200MM BTC purchase?

420Chopin

Max in what time line? Next 20 years? Most calculators would say that’s a conservative estimate but probably closer to a $1MM projection. Days of 10 or even 5 or 2x in a couple years probably behind us. SP500 doubles every 10 years which is probably close to what we can start seeing with btc. Maybe closer to 5 or 7 in the next decade as we’re still somewhat early.

satoshisfeverdream

Been there and lost equivalent to like $2.5MM in todays btc value FAaFO.

GabeSter

Tweet here: https://x.com/lookonchain/status/1909782070618210423?s=46&t=_XdO1MM-IScHom7IthfJPA

cowbellion-de-rakin

Crypto.com app market orders trade at 6%-10% spreads. Is that normal? I now see the incentive to work around a CEX. What’s the best way to bypass exchanges for someone who isn’t technical? I want to be able to trade on Cosmos, Cardano, Ethereum, and Cronos. I opened a MetaMask account but I don’t fully understand what to do from there. Buy ETH on CEX and send to my MM to deploy from there?

sfad2023

The snipers came, ruggers not to far behind. entertaining to watch but not buying until the bugs are fixed. 12.5MM marketcap with a 124k liquidity? the maths are not adding up 🥳🎉

MixtapeNostalgia

Yeah man, I have had friends that are pretty well off, but their money is sitting in some garbage bank making 0.01% or some shit. I'm like dude you're literally losing money (or even more precisely and worse, buying power) every single week that it sits in there. At the very least put it in a MM account or as buying power in a brokerage that gives you 4-5 percent on it. And these are people my age (40) that grew up with the same bullshit and hardships and economic disadvantages. I saw my mother skip entire days of eating so myself and my sister could eat, and many of them saw their own single parents do the same. I don't think people realize that fiat has been dead for a long time, and that the United States government is and have been enriching themselves on the backs of your sweat and blood for as long as you've been alive. Even worse, almost no one - even still, as entire countries buy BTC and the largest banks on earth add it to their reserves - is willing to take time out of their days to research, study, confirm, and purchase it now with what little buying power the USD still has. I can only keep spreading the information, I guess. But even I am just now starting to find ways to live a Bitcoin Standard life, which is to say goodbye to fiat for good, and acquire Bitcoin while it appreciates at a faster rate than I spend it.

b1mm3rl1f3

Nasdaq suffers the worst day since 2020 and enters bear market territory. VIX 40+, F&G @5 near covid lows. Massive BTC buyers out there - Blackrock just bought $25MM. BTC holding and remains a hedge against global uncertainty by showing insane strength. So incredibly bullish.

deadfishlog

We haven’t even gotten started. I’m out. We are close enough “sell in May and go away” also that im going gold, REITs, MM at least until end of summer.

RawDick

Is that for real? Who tf needs to link MM to IG lmao. Fucktard of a move whoever did that.

forgotmypassword4714

Also this toothpaste sometimes helps (Tom's Rapid Relief Sensitive): https://www.amazon.com/Toms-of-Maine-Toothpaste-White/dp/B072MM2SN2/ref=mp_s_a_1_4_f3_0o_wf_mod_primary_alm?dib=eyJ2IjoiMSJ9.FFXOyZAgDv2JL4KELM1HUtfqVDt4-uyuceFQoSbPyDwsmi70YZxqPYjIRg5v2TuJDBthtFQNtA6NBdr3UfZZmdH70dHNU7gMxpcabYfspHDGBF7Bcvf7bf0DKe5iEQma2AwgXUzg0DQOmITr0omGRlMjyGoEnJvtyY96W5hcCtGh--vaomfZkm2rthf-x_Wi7Ib2Pn9-KxlD05K_Daqdmg.uFqbsAw-Smpiwd9Ex6a3AdLOXGY9WCWyRHcRmy11_PQ&dib_tag=se&keywords=toms+sensitive+teeth+tooth+paste&qid=1743646425&sbo=m6DjfpMzMLDmL8pSMKX8hw%3D%3D&sr=8-4

Semigodot46

1k-10MM

To_k

You’d think with ‘Liberation day’ coming, and with every crypto influencer being bearish, a dip below 80k would be imminent. Yet we are holding steady, with volume decreasing day by day. ETH has tested low 1700s like multiple times and failed… what you’re witnessing is bearish exhaustion. If you’ve sold here, congrats, you’ve been played by MM’s.

VagrantBytes

It's a MM bot.

satoshisfeverdream

Research the block wars from 10 years ago and that’ll give you idea of how likely it would be to get the 21MM cap raised.

pmgoff

No… you should dollar cost average downward if your selling meaning don’t sell your whole bag in one shot. Sell just what you need to. Like if it’s a 1MM per BTC and you need $250k pay off a mortgage then just sell 250k.

UnionNo1575

You wait for the 50MM (weekly) to fall below 75k before starting your DCA.

Karpfendude

Don t worry. MM will snack the money :D

thistimelineisweird

I mean, yes, higher price would decrease volatility in a way. But the simple truth is there are plenty of tokens out there to move money. People can use it to move $1MM just as much as they can $1. It isn't like another project where you have crazy gas fees based on price, use, etc. You can move money easily no matter the value. That's why no one will care about the instantaneous price. It only really becomes an issue if the network is moving trillions, at which case the price has to move up simply because of liquidity issues. But we are nowhere close to that. My point is that if you want to use XRP to send money, you aren't waiting for the price unless you've been a long term holder. Buy, send, convert back transactions can be done at scale, right now, at almost any price.

logancollins1

I’ve noticed this with the futures that have lower liquidity and volume, I believe it’s the MM and it’s super annoying lmao

Glittering-Path-2824

they didn’t really. it was all an insider scam. beeple never really received $69MM for this shit. it was in tokens, and he was in on it.

yowen2000

Yeah, that's a good point. And reasonably speaking, if he truly has $5MM+, he could agree to take out $250k just so they can make life a little easier.

yowen2000

> they each have a good guess but don't get into the weeds Because they don't need to. You say they don't disclose, by which you mean they don't fully disclose. But they do discuss. Which is key. They discuss it so thoroughly that in many cases, a lawyer gets involved to make sure there is a prenup they are both happy with. In OP's example I am criticizing, we have a couple that evidently did none of the above. And that's all I'm saying, get on the same page about the $5MM in BTC, before you get married. Even if you don't disclose it, you can still say "I hold significant BTC that I do not want to sell, are you okay with that?" If yes: all good If no: discuss, see if you can find common ground, if not, you have yourselves a problem.

Obsidianram

There's a MM in the middle matching buyers/sellers, and it's not a zero-sum system. Investopedia can explain it really well...

b1mm3rl1f3

"Since getting into Bitcoin, what I’ve consistently found is that everything always happens faster than I expect. And now we have the White House promoting Bitcoin. That’s why my prediction is for a fast run to $1.0M. I’m front-running my own model which indicates $1.0M in 2031". - Samson mow calls for $1MM EOY. While I think it;s a stretch, it's still something to look forward to by Q4 2026 ;)

Simple_Response_5972

In 30 years when my house is paid off bet my property taxes are way cheaper than it would cost to rent anywhere. Heck even now my mortgage is less than the cost to rent anywhere of similar size and location. Would rather retire and pay $12,000 a year in property taxes than $30000 a year in rent. Plus if I have say $200,000 in equity in my home in 30 years and 2 MM in retirement I can always move to Thailand and live cheap.

b1mm3rl1f3

We just started the arms race. $1MM by Q4 2026, mark it

listeningloudly69

Lol 😆 🤣 😂 And.... the charts all drop across the board as retail knows they're about to get punked again by the hype of tomorrow's summit, only for whales and MM to drive the price down more, causing even more FUD and retail panic sells, just so the big fish keep gobbling g up all the retail plankton... whales gotta eat, and they love shaking the coins outta the poor like when Sonic gets smashed. Then the price of all coins and all physical products is going to become unaffordable after they have scared away everyone from crypto and they'll have hoarded all of it. Lol 😆 Create fud, clear house dirt cheap clearance on everything. Rinse and repeat. And the fucking and fuckery will continue until morale improves, or liquidity runs dry, and then will continue some more.

mylastdream15

I've admittedly played a couple of these rise and falls for some quick gains because it's getting so predictable at this point. But. The fact it's becoming predictable is exactly why I don't expect it to keep doing it much longer. Eventually a direction will be chosen. And historically that's 6 months of up up up euphoria so the MM's can clean people out that just expect to keep winning forever at some point. And then we get a dead cat bounce. Followed by crypto winter.

mylastdream15

Yeah it's gotten to the point I feel like MM's have to let this run for at least a few months or the market is gonna peace out. You can't keep pumping and dumping every other day and not start to lose players in your market. You gotta get people to euphoria. Then you can manipulate them again. And THEN you get out. Right now I think people are catching on to what is going on. That's when you've gone too far.

ResponsibilitySea327

No. I think you are misunderstanding what you are reading in this subreddit. This sub is overly bullish all all things, and you would be right -- not buying more would be a correction. However, the people on this sub don't drive the price. Whales, algos, exchanges, and MM's have that role. The shrimps here are just along for the ride.

b1mm3rl1f3

There's a 50x long on BTC and ETH with $200MM, looks like insider confirmation of SBR

delkil

DCA until you hit 1 MM sats, then transfer to cold storage.

soks86

Yes, it sounds odd, but it's a risk management issue. If I have $1,000MM and put in in BTC I might lose money for a few months/years if I time it wrong. If I put $1,000MM in this trade I make that whole 5.7% and, in this crash case, I make a little more in a period of 3 days (rather than 5.7% over the entire year I just pocketed the yield in 3 days). So they made 5.7% on $1,000MM in 3 days with no risk and will re-establish their positions to continue the remaining 5.7% yield for the year.

thebanksmoney

Notice options expired today so MM needed to wipe out 78k level and then push back up so options expired itm . Wait till next week when new Econ data and tariffs kick in. The fall will fill the 50-60 gaps.

delkil

Exactly. I am hodling till zero or $1MM. Might cash in a small amount at a million. 😉

iamscott3

Ivan Drago (MM): "I must break you."

thebanksmoney

Not when Bitcoin prices can be manipulated by governments just as easy as the dollar can from fed printing money and selling bonds. It’s all the same now . Manipulation of the price makes that 21 quadrillion number more important. Raise value or drop it and buy or sell would cause what I can buy today change tomorrow at whims of MM and large holders like governments

desmond1985

Bear long under way. bTC lagging but the distribution pattern is very clear. Once distribution is over which I think it is now( was expecting UTAD at 118k but MM frontrun the move). Time for the real chaos starts

StraightStackin

@Martypartymusic who deep dives into crypto transactions is reporting that there was no hack, and instead is insinuating a massive scandal involving all major exchanges. "There was no hack. Its all narritive to hide the biggest corruption in CEX history involving all major exchanges and their leverage positions on $ETH." https://x.com/martypartymusic/status/1893861593428935090?t=WoBtBiUDTEZiQWANBogevg&s=19 "Liquidation Levels - 10:35pm Feb 23rd #Binance    flush all crypo. IMO: They are preparing for something tomorrow." https://x.com/martypartymusic/status/1893867760905580988?t=oTe1P320qTBKmrVu9nGxsw&s=19 "MM Update: @binance flushes $TRUMP token. They sold 4.7% of their $1b $TRUMP holdings down to $879m now. @realDonaldTrump you should be aware. They are also dumping $ETH as we speak. Violent activity on chain." https://x.com/martypartymusic/status/1893867093256196429?t=6jzB5XYatYJ3xM_L5jjEUQ&s=19

FUCK-Etoro

Continuing: How does #Binance  manipulate the price to continue flushing their leverage positions sold to traders? They use market makers to buy and sell assets on their order book. If you watch my MM Updates you will see the transfers of assets and stable coins they are sending constantly to the market makers to „draw“ the charts to cause „maximum“ extraction from the gambling traders who are borrowing near „free“ money from the exchange to go Long and Short. They will use macro and news events as narritives to enduse panic selling and fomo buying. On good news they will flush the market to liquidate late Longs (bulls), and on bad news they will Pump the market to liquidate late Shorts (bears). When they raise a price they will always retrace at least 50% of the move. Use these guiding principals in your trading and understanding of the crypto market. Also underatand this is happening in the equity markets as well but they are heavily regulated to mitigate as much as possible. Crypto is unregulated and 1600 exchanges are trading the same assets and use the #Binance  price as a dominant index. That is why all prices across exchanges correlate. How this helps you stay safe. Best is to use LOW leverage 1.8-5x maximum and wait patiently for the blue lines to be cleared before entering, and always add a Stop Loss to every trade. For accumulators of quality L1 spot native assets, wait for the blue lines to be flushed and buy there. I recommend this approuch. Patience will be rewarded.

FUCK-Etoro

MM Update: Offshore exchange #Binance  continues to dominate market manipulation sending $100s of million of assets to #wintermute market maker while onshore exchange #coinbase continue to send $100s of millions in stable coin to #wintermute to absorb the selling pressure in what appears to be a 2025 asset transfer through the #Binance  and #coinbase order book. We would love an explanation of this ongoing activity and this obvious pattern from representatives of either exchange. Note: Im not a lawyer, I dont know if any of this is legal or illegal but the pattern speaks of manipulation, anyone that looks at these thousands of transactions must agree this deserves an explanation.

Space2999

Imagine having to keep your mouth shut that you’re worth $16MM

Hodler_caved

This one goes to $11MM

b1mm3rl1f3

Mexico’s 3rd largest billionaire said btc is going to $10MM, Adam Back says $10MM, saylor says $10MM. What do they know?

sorta_oaky_aftabirth

Yeah man, GME taught me to manage my trades manually, and never set stop losses. It's a bit more intense but MM are dirty

Business-Ad-5344

you can basically argue almost any given year. and possibly any given DD/MM/YYYY. Downfall of Society? The exact day Democritus was born.

RevolutionaryPie5223

What is MM?

Upbeat_Associate_774

They can create artificial selling pressure moving money from exchanges to MM and flushing out the market, forcing a bunch of liquidations and making them a buncha money

RevenantHaunter13

For those who do not know, America uses the system MM/DD/HODL

BeginningBeautiful69

MM/DD/YYYY or DD/MM/YYYY? Just so I know when to book the fireworks.

partymsl

Browser extension are the easiest and MM is the only one you need for Ethereum.

kirtash93

MM Browser extension with hot wallets that have not much money. Learned this the hard way. Buy a cold wallet guys, it saved my life savings.

DropKickBabies

that is literally...impossible? 2010 btc at start of the year was apparently around 0.001 per coin. At end of the year around 0.50? We arent talking about 100MM atp, your friend would be worth more than Elon musk if he did that.

Lst_Prophet

Gotta faraday cage that shit to keep your seed phrase safe. B/c those fed MFers going to try to steal it when we up to a few $MM

WalksOnLego

The "ISHARES BITCOIN TRUST ETF - SHS BEN INT" row for $437MM?

ktoro04

Lmao yeah you’re up $2MM.

Numerous_Ruin_4947

BNB has a burning mechanism in place. BNB has been my best performing hold since 2017. >“Every quarter, we will use 20% of our profits to buy back BNB and destroy them until we buy 50% of all the BNB (100MM) back. All buy-back transactions will be announced on the blockchain. We eventually will destroy 100MM BNB, leaving 100 BNB remaining.” [https://cryptopotato.com/binance-bnb-burn-explained-how-much-is-burnt-and-when/](https://cryptopotato.com/binance-bnb-burn-explained-how-much-is-burnt-and-when/)

biba8163

> All this negative sentiment feels bullish Go bet against market sentiment then: *Polymarket,* What price will BTC/ETH hit in 2025?   | BTC | % Chance | ETH | % Chance |:-----------|------------:|:------------:|:------------:| | $1MM | 5%| $10K | 10% | $250K | 15%| $8K | 17% | $200K | 21%| $7K | 21% | $150K | 38%| $6K | 27% | $130K | 56%| $5K | 33% | $120K | 69%| $4K | 59% | $110K | 82%| $3K | Resolved | $100K | Resolved| $2.5K | Resolved | $90K | Resolved| $2K | 65% | $80K | 69%| $1.5K | 38% | $70K | 51%| $1K | 12% | $50K | 25%| --- | --- | $20K | 5%| --- | ---

biba8163

Polymarket What price will BTC/ETH hit in 2025?   | BTC | % Chance | ETH | % Chance |:-----------|------------:|:------------:|:------------:| | $1MM | 5%| $10K | 10% | $250K | 15%| $8K | 17% | $200K | 21%| $7K | 21% | $150K | 38%| $6K | 27% | $130K | 56%| $5K | 33% | $120K | 69%| $4K | 59% | $110K | 82%| $3K | Resolved | $100K | Resolved| $2.5K | Resolved | $90K | Resolved| $2K | 65% | $80K | 69%| $1.5K | 38% | $70K | 51%| $1K | 12% | $50K | 25%| --- | --- | $20K | 5%| --- | ---

chanmalichanheyhey

you are not wrong but you are forgetting that liquidity for MM and funds are probably more important

Sensitive-Release843

MM manipulating

ourodial

CEX's manage their liquidity similar to "fractional reserve banking". they hold a calculated percentage of funds in their pool and use the rest to manipulate the market through MM's like Wintermute. After they "dump or pump" the market they acquire the same amount of crypto reserves by OTC trades and the rest is their profit. This will go on as long as people keep holding their assets on these scam exchanges. Not your keys not your crypto.

chanmalichanheyhey

Remember, those who buy long on perps are actively working against the underlying because they are forcing the MM to hedge and sell the underlying. Spot long and perps long looks to be the same thing but really isjt

kmhall

Univ of Austin not Univ of Texas at Austin. $200MM endowment (2.5% is about what the fund managers are saying is a responsible allocation).

AdEmbarrassed1941

Na many if not most get liquidated. Sunday was a shit show, clear MM manipulation

loupiote2

Oh, i see what you mean. It is a BNB address, not a binance address, ie it is unrelated to a binance account you could have. When you connect MM to the BNB network, you have full control.of the addresses in questions.

VagrantBytes

Alts always correlated with BTC due to MM bots. Occasionally one becomes uncorrelated due to specific news, which is usually a stat arb opportunity. Nothing new here, mate.

AllCapNoBrake

Sure, but is there equal to or more liquidity at a lower price? THAT'S where MM's will go to first. $97182 is where there's currently over leverage, so that's where we go to next.

IrresistablePizza

Umm, if you look at the 1 week it looks like there's massive liquidity at 103k, shouldn't the price have already moved there if MM's want to wipe out liquidity? Please elaborate.

AllCapNoBrake

How do you mean? Market makers move the markets, not retail. MM's will keep hunting leveraged positions no matter where they are...so if leveraged longs keep building positions up below 100k, then that's where we go: [https://www.coinglass.com/pro/futures/LiquidationHeatMap](https://www.coinglass.com/pro/futures/LiquidationHeatMap)

dani6465

Sure, but they have done that for 40-50 years under the umbrella term of algorithmic trading. But stating that 70% of trading is done by AI just sounds so wrong to me, especially when you have worked with the MM traders. They never mention their tools as AI implementation.

bmbrugge

A significant downturn might not come for a long time, and you will have missed the train. I too am new to BTC, but it’s impossible to ignore with all the potential upside along with the devaluation of the dollar. I don’t think there’s a long enough track record on bitcoin to say with any certainty that it’s going to follow previous cycles. Regular people at work are talking about bitcoin, it’s in the news, it’s in policy, it’s got ETF support, it’s owned by major corporations and governments, Luke or Jake or whomever on YouTube has kids telling their parents to pick some up. The game has changed, and everyone’s going to want a piece of the pie. At a certain price point, even your grandma is buying bitcoin because her financial advisor will say, “what the heck Evelyn, why don’t we throw 1-2% of your $2MM portfolio at it and maybe it will pay for little Brayden’s college in 15 years.” Just start DCAing in with whatever you’re comfortable with, and go harder on dips. I’m doing $100 bucks a week at 5% dips, and every additional 5% dip will be another $100 that week. I’m not looking to make life changing money in a year or two, but if the ball keeps rolling, it will be great to have in addition to my 401k, Roth IRA, pension and real estate assets. Don’t overextend yourself, and continue to maximize your tax advantaged retirement accounts. There’s no reason not to at least dip your toes in and see what happens.

AllCapNoBrake

Looks like the MM's are going to take out the leveraged longs at 95k [https://www.reddit.com/r/Bitcoin/comments/1ii3l08/comment/mb594v2/?utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button](https://www.reddit.com/r/Bitcoin/comments/1ii3l08/comment/mb594v2/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)

-PM_ME_UR_SECRETS-

Sorry am I reading this correctly? 0.1 BTC could be worth $1MM by 2040-2050?

BetterNova

I think the majority of bitcoiners still need to work, earn, and spend fiat - and you’re not betraying the cause by doing so. Sure, if you’re sitting on $10MM worth of BTC, sell enough to buy a house, car, etc. and go write the great American novel. Otherwise maybe you gotta be a working stiff for a few more years?

AllCapNoBrake

Where will MM's push the market next? 95k or 100k? [https://www.coinglass.com/pro/futures/LiquidationHeatMap](https://www.coinglass.com/pro/futures/LiquidationHeatMap)

Kid_Psych

Well I’m guessing you don’t spend $100 a month to and I’m guessing you don’t spend $500k a month either. Average individual spending in the US is about $4k a month, based on your comments and 42 year timeline I’m guessing you neglected a bunch of stuff so let’s call it $3k. You probably have about $1.5MM in Bitcoin.

wow247897

MM's trying to figure out how to waist everyone's time and money