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The quote is NOT from anyone at the Swiss National Bank. It’s from someone at the Bitcoin Initiative, which is advocating for a Bitcoin reserve. No nation should have crypto as a reserve asset. The problem is if you price credit (liabilities) or any asset based on the reserves, and those reserves go to zero, the whole country is screwed. It’s probably best to keep everything separate: DeFi stays out of tradfi.
do NOT answer any DMs !!! yes u can (buy Trezor and use Seed - super simple - trezor has good tutorials how to do it)
>Well IMO there is zero risk losing it all. BTC is NOT going to 0 period. It's a non-zero chance, but very low. Just like USD going to zero. Super unlikely despite current poor performance and volatility. I think there was only one period in all of its history that btc didn't see an investor get at least 50% return over a 4yr period, and **usually** that or better, over less than 24mths. Pretty much "*the only way to lose, is not to hodl*", for 2yrs or more.
"Risk of losing it all" all the contrary "invest in BTC the money you're NOT willing to lose"
Lesson learned for this noob. DO NOT use Binance. Glad I sent a “test” amount first… long story short I lost $8 because on their website they say my region (illinois) is good for depositing with a bank however now that im on the app it says it isn’t supported in my region. 🫠 Always send a test first y’all!
lol, Bitcoin is NOT programmable It's funny how prominent misinformation is in this industry
Well IMO there is zero risk losing it all. BTC is NOT going to 0 period. You lose if you sell.... You did the right move buddy!
Yes, you can get a Trezor and use that with the seed phrase (as long as it was 12 or 24 words) to restore your wallets. Do NOT enter the seed phrase on anything that can connect to the internet.
FYI - “your” bitcoin on the exchange isn’t really yours. It’s just a data entry. All those 500x leveraged fuckheads shorting BTC like it’s a casino? They sold your btc. Coinbase is collecting fees for loaning it to them. When fuckhead gets liquidated, Coinbase takes his money. But you don’t get a share of the profit BECAUSE ITS NOT YOUR BTC. Get it off the exchange. You work 2000 hours a year to earn cash to buy btc. Go spend 1 hour learning how to follow best practices caring for (preserving) your btc.
So whats the point if 99.73% will not have it/not use it? 0.27% of the people will use it or trade it for things in real world? Even make that only 2.73% can own 0.1, again at one point mass of people will NOT recognise it as something useful. The word is useful not valuable, cuz btc is already valuable but is it will be useful on world level as form of money and not just form of protection from the printer?
Ew you PEP freaks are disgusting for spamming your dogshit coin in this post that was totally NOT orchestrated PEP bag holders 🙄
Motherfucker you are NOT going to talk down to others trying to help you understand very basic concepts like this.
The obvious answer IS NOT Yes. Do not sell your BTC. When it reaches a million or well before, borrow against it at a very good rate, let’s say 9% and then let your BTC that’s gaining 30% annually pay the money back.
HODL till you die? Well that’s a little silly. If bitcoin goes to $10,000,000 per coin (hypothetically) you’re not going to take profits? Btc investing should be a means to an end. You use it to make money and move it into something like property, and that means knowing when to take profits (and also when to NOT invest like after a giant green candle)
O...kay you're being extremely vague so I'm going to go ahead and say you're a shithead Anyways my money was scammed from me by approval phishing, so yes it is the other guy's fault. TRY NOT TO BE SO GAY
The best way to promote bitcoin adoption would be to be honest about what bitcoin is and how it can be used. Bitcoin is: 1) A great long term investment (because it naturally maintains a supply shortage relative to demand) 2) A great way to quickly move large amounts of capital across international borders 3) A place to park capital that is difficult to seize 4) A good way to hedge against systemic financial collapse and counterparty risk Bitcoin is NOT: 1) A reliable short term store of value (due to high volatility relative to fiat) 2) A practical currency for low cost transactions (due to high fees, and fundamental inability of the protocol to scale up to large number of transactions to support frequent usage) 3) Anonymous or private (due to public nature of the blockchain and lack of KYC free options for buying or selling large amounts) Encouraging people to treat bitcoin as an everyday currency is an extremely harmful narrative that only hurts bitcoin adoption because it's based on fundamental misunderstanding of the protocol strengths and weaknesses. Instead, encourage people to invest in bitcoin as an alternative to, or in tandem with, other investable assets like stocks, bonds, gold, etc.
You DO NOT sell it all. Just what you need.
Lesson here is to NOT ever copy and paste address from block explorers
Definitely NOT the pepe shitcoin.
For the exact reason included in the above post. 3 holes in 1 year. BTC wallet drained. lost a lot on meme coins. Do I need to continue? Yes, you can be more aggressive when younger, and most people slowly make their investments more and more conservative as they age. That's NOT what OP is describing here. I guess my advice was the same you would give to an alcoholic. "I drink 10 beers a day, and my life is shit." Do you tell them to stop drinking, or try only drinking 4 beers a day? You tell them to stop.
Trezor. Ledger has had a data breach on two occasions where customer data was stolen, one was pretty serious. Ledger offers a private key backup solution. Sounds great right? This should NOT be possible b/c the whole point of a hardware wallet is to ensure the private key cannot leave the device. Ledger has a serious design flaw.
The user is fundamentally misunderstanding what "Cryptocurrency" does and this is evident from their take on encryption and re-encryption. However. The user is NOT talking about Bitcoin. Bitcoin is not Crypto. The user is talking about Crypto. It is true that cryptocurrency is a scam. It absolutely is. It is also true that the cryptocurrency markets are a losing proposition. Everything about "Crypto" is a scam. They should learn about Bitcoin instead.
Are we above $100k? When was the last time were were above $100k? Oh that’s right we were above $100k for barely a month before we crashed hard after tariffs were enacted So until we gave $100k as a floor we have NOT conquered $100k
BTC/XAU = y(t) = 0.015 . (1.85)^t Analyzing the BTC/XAU ratio provides a "scarce vs. scarce" perspective, potentially filtering out fiat denominator noise to clarify Bitcoin's underlying trend relative to Gold. Focusing only on the smoothed long-term average trend (ignoring extreme volatility and cycles), the data best fits an exponential function. Based on rough estimates (using an early 2013 start date and approximate late April 2025 prices), an illustrative model for this average trend is: y(t) = 0.015 . (1.85)^t * y(t) = Estimated average trendline BTC/XAU ratio (oz Gold per BTC) * t = Years elapsed since early 2013 * (b = 1.85 implies an average trend growth factor of ~1.85x per year for this specific period/estimate) The projected average trendline values for the Bitcoin price in Gold Ounces (oz/BTC) for the next three years are approximately: • April 2026 (t = 13.25): 51.5 oz/BTC • April 2027 (t = 14.25): 95.2 oz/BTC • April 2028 (t = 15.25): 176.1 oz/BTC --- CRITICAL CAVEATS --- * Illustrative Average Trend ONLY: Ignores real volatility/cycles. Actual chart differs drastically. * No Predictive Value. * NOT Financial Advice. This model isolates the severely smoothed trend; actual market behavior is dominated by volatility around this average.
BTC/XAU = y(t) = 0.015 . (1.85)^t Analyzing the BTC/XAU ratio provides a "scarce vs. scarce" perspective, potentially filtering out fiat denominator noise to clarify Bitcoin's underlying trend relative to Gold. Focusing only on the smoothed long-term average trend (ignoring extreme volatility and cycles), the data best fits an exponential function. Based on rough estimates (using an early 2013 start date and approximate late April 2025 prices), an illustrative model for this average trend is: y(t) = 0.015 . (1.85)^t * y(t) = Estimated average trendline BTC/XAU ratio (oz Gold per BTC) * t = Years elapsed since early 2013 * (b = 1.85 implies an average trend growth factor of ~1.85x per year for this specific period/estimate) The projected average trendline values for the Bitcoin price in Gold Ounces (oz/BTC) for the next three years are approximately: • April 2026 (t = 13.25): 51.5 oz/BTC • April 2027 (t = 14.25): 95.2 oz/BTC • April 2028 (t = 15.25): 176.1 oz/BTC --- CRITICAL CAVEATS --- * Illustrative Average Trend ONLY: Ignores real volatility/cycles. Actual chart differs drastically. * No Predictive Value. * NOT Financial Advice. This model isolates the severely smoothed trend; actual market behavior is dominated by volatility around this average.
BTC/XAU = y(t) = 0.015 . (1.85)^t Analyzing the BTC/XAU ratio provides a "scarce vs. scarce" perspective, potentially filtering out fiat denominator noise to clarify Bitcoin's underlying trend relative to Gold. Focusing only on the smoothed long-term average trend (ignoring extreme volatility and cycles), the data best fits an exponential function. Based on rough estimates (using an early 2013 start date and approximate late April 2025 prices), an illustrative model for this average trend is: y(t) = 0.015 . (1.85)^t * y(t) = Estimated average trendline BTC/XAU ratio (oz Gold per BTC) * t = Years elapsed since early 2013 * (b = 1.85 implies an average trend growth factor of ~1.85x per year for this specific period/estimate) The projected average trendline values for the Bitcoin price in Gold Ounces (oz/BTC) for the next three years are approximately: • April 2026 (t = 13.25): 51.5 oz/BTC • April 2027 (t = 14.25): 95.2 oz/BTC • April 2028 (t = 15.25): 176.1 oz/BTC --- CRITICAL CAVEATS --- * Illustrative Average Trend ONLY: Ignores real volatility/cycles. Actual chart differs drastically. * No Predictive Value. * NOT Financial Advice. This model isolates the severely smoothed trend; actual market behavior is dominated by volatility around this average.
BTC/XAU = y(t) = 0.015 . (1.85)^t Analyzing the BTC/XAU ratio provides a "scarce vs. scarce" perspective, potentially filtering out fiat denominator noise to clarify Bitcoin's underlying trend relative to Gold. Focusing only on the smoothed long-term average trend (ignoring extreme volatility and cycles), the data best fits an exponential function. Based on rough estimates (using an early 2013 start date and approximate late April 2025 prices), an illustrative model for this average trend is: y(t) = 0.015 . (1.85)^t * y(t) = Estimated average trendline BTC/XAU ratio (oz Gold per BTC) * t = Years elapsed since early 2013 * (b = 1.85 implies an average trend growth factor of ~1.85x per year for this specific period/estimate) The projected average trendline values for the Bitcoin price in Gold Ounces (oz/BTC) for the next three years are approximately: • April 2026 (t = 13.25): 51.5 oz/BTC • April 2027 (t = 14.25): 95.2 oz/BTC • April 2028 (t = 15.25): 176.1 oz/BTC --- CRITICAL CAVEATS --- * Illustrative Average Trend ONLY: Ignores real volatility/cycles. Actual chart differs drastically. * No Predictive Value. * NOT Financial Advice. This model isolates the severely smoothed trend; actual market behavior is dominated by volatility around this average.
BTC/XAU = y(t) = 0.015 . (1.85)^t Analyzing the BTC/XAU ratio provides a "scarce vs. scarce" perspective, potentially filtering out fiat denominator noise to clarify Bitcoin's underlying trend relative to Gold. Focusing only on the smoothed long-term average trend (ignoring extreme volatility and cycles), the data best fits an exponential function. Based on rough estimates (using an early 2013 start date and approximate late April 2025 prices), an illustrative model for this average trend is: y(t) = 0.015 . (1.85)^t * y(t) = Estimated average trendline BTC/XAU ratio (oz Gold per BTC) * t = Years elapsed since early 2013 * (b = 1.85 implies an average trend growth factor of ~1.85x per year for this specific period/estimate) The projected average trendline values for the Bitcoin price in Gold Ounces (oz/BTC) for the next three years are approximately: • April 2026 (t = 13.25): 51.5 oz/BTC • April 2027 (t = 14.25): 95.2 oz/BTC • April 2028 (t = 15.25): 176.1 oz/BTC --- CRITICAL CAVEATS --- * Illustrative Average Trend ONLY: Ignores real volatility/cycles. Actual chart differs drastically. * No Predictive Value. * NOT Financial Advice. This model isolates the severely smoothed trend; actual market behavior is dominated by volatility around this average.
BTC/XAU = y(t) = 0.015 . (1.85)^t Analyzing the BTC/XAU ratio provides a "scarce vs. scarce" perspective, potentially filtering out fiat denominator noise to clarify Bitcoin's underlying trend relative to Gold. Focusing only on the smoothed long-term average trend (ignoring extreme volatility and cycles), the data best fits an exponential function. Based on rough estimates (using an early 2013 start date and approximate late April 2025 prices), an illustrative model for this average trend is: y(t) = 0.015 . (1.85)^t * y(t) = Estimated average trendline BTC/XAU ratio (oz Gold per BTC) * t = Years elapsed since early 2013 * (b = 1.85 implies an average trend growth factor of ~1.85x per year for this specific period/estimate) The projected average trendline values for the Bitcoin price in Gold Ounces (oz/BTC) for the next three years are approximately: • April 2026 (t = 13.25): 51.5 oz/BTC • April 2027 (t = 14.25): 95.2 oz/BTC • April 2028 (t = 15.25): 176.1 oz/BTC --- CRITICAL CAVEATS --- * Illustrative Average Trend ONLY: Ignores real volatility/cycles. Actual chart differs drastically. * No Predictive Value. * NOT Financial Advice. This model isolates the severely smoothed trend; actual market behavior is dominated by volatility around this average.
The obvious answer? My man, that’s not only NOT the “obvious” answer… it’s the wrong one. When BTC hits $1M USD, no one is “selling”. Might we buy things using our bitcoin? Sure. But no one is going to trade Bitcoin for fiat that’s devalued so immensely. Seriously, do some research on the topic, you have demonstrated to everyone you need it.
Slightly off-topic from our main discussion on growth functions, but related to long-term trends: It's interesting to analyze Bitcoin vs. Gold (BTC/XAU). The rationale is that comparing scarce asset vs. scarce asset arguably filters out the noise/debasement inherent in fiat denominators like USD, potentially revealing a clearer underlying trend of relative value growth. If you attempt to model only the smoothed-out, long-term average trend of BTC/XAU (deliberately ignoring the massive volatility and cycles) since ~early 2013, it fits an exponential curve. A very rough, purely illustrative function for this average trendline might look something like: y(t) = 0.015 . (1.85)^t (where y(t) = BTC/XAU ratio, t = years since early 2013) (This smooth curve completely ignores real-world volatility/cycles, is highly approximate based on rough estimates, has NO predictive value, and is NOT financial advice.) Just a different perspective to consider when thinking about the underlying growth patterns.
ROFL yah that’s NOT gonna be happening literally BTC will NOT reach $1M in 2025 we couldn’t even sustain $100k yet we only went to $100k for a very short window maybe in 10 years MAYBE!
"Whats the point of creating a new "money". Current money in and of itself is all just public opinion and rules anyways. What makes your "money" better then current money? People claim decentralization is its biggest reason for its existence, but that doesn't mean anything because centralization is literally what gives money its value to begin with. Decentralizing it would make any form of money not mean anything at all." And here it is, the final illogical conclusion. The 'point' of creating a new money, is that the old money is broken, and corrupted with unjust inflation. The new money is better, because it can't be printed willy-nilly, by the Fed, or anyone else. Centralization does NOT give money its value, people using money gives money its value, and printing more of it unjustly and subtly takes away that value. Decentralizing money makes it so no one can print it, and THAT is why it allows the new money to accrue value, as people individually decide to switch to a sound money, and no one else can unjustly print. If more Bitcoin could be printed by hitting the T key, like US dollars can, by the Fed, or anyone else, it would NOT accrue any value, full stop. Thus centralization does not create value, but decentralization allows value to accrue, as it stops the bad things that can just be done to the centralized dollar, and are done to it, like every day !
"If you took that history away, (gold is) just a shiny rock. The dollar is just an ornately designed piece of paper. bitcoin is just some really fancy hash code." Perhaps without even realizing the logic error, you have created a false equivalence between these three items, because you are NOT the US Federal Reserve. Now lets pretend that you ARE the Federal Reserve, and you want more free stuff, because what corrupt government agency doesn't want more money for nothing, and your chicks for free ? And to start your free stuff collection, you decide to make more of each of these three items Gold. Well, its a metal, but its also RARE and indestructible, and you already have a Smaug-level hoard at Ft Knox, but why not get some more ? So, what would you have to do, to find some gold that isn't owned by someone else (obviously you could print more dollars and buy gold with free dollars, but that doesn't MAKE any gold, it just redistributes the existing gold, and drives inflation through the roof) ? You would have to MINE it, from the EARTH, like they did back in the day. And this requires WORK, like REAL WORK, hard, good work, and ain't no lazy-ass banker going to do that, so lets move on. Dollars. Well, here you are in luck, because you don't need a printing press (the Treasury physically controls these, and you can't get one), all you need is your handy, dandy Fed computer, and you press the T key, and another Trillion dollars just pops into your account, easy-peasy, lemon-squeezy ! And then you just take your free Trillion dollars to ye olde bond market, and you can set that interest rate for money wherever you want, by just buying longer dated (10-30 years) bonds with all your freshly (digitally) printed money. As you might remember, from the pandemic Money-Print-Insanity, when the Fed buys bonds, the price goes up, and the yield on the bonds goes down, thus you can make mortgages have a comically low cost, like 3 % interest low, you know, for the Boomers that want a third house to rent out to the peasants like us, by just printing and spending free money. You can also bail out any corporation, or broke pension fund, or anything, really, its the Midas touch, but for reals here ! But this has a cost, not to the Fed, of course, but to normal Americans, and anyone else holding those fast-inflating dollars, as the number you need to buy any real thing goes up and up, from that raging inflation, that we all know and loathe ! Bitcoin. Well, its just a hash code, but how do you actually MAKE more of that sweet swEET Bitcoin hash code, that YOU actually control the private keys ? Well, actually, you have to work, digitally, I mean. To mine bitcoin, it can only be done by guessing a random hash code before any other miners, that are also trying to guess it, and getting that 10 minute block reward, and how do you guess that hash code ? You run your custom mining computers, that you have to buy, hot, and fast, burning up that REAL electricity, that you have to produce, with some power plants. But even if you use your FREE DOLLARS, to buy those computers, and power plants, there is still a built-in limit, that gold does NOT have, in that you could have thousands of GOLD mines around the world, and look for some Golden Asteroids, if Elon is down for it, but new Bitcoins only come out once every 10 minutes, and only a limited amount of them. This is how Bitcoin is better than both gold and dollars, in that its HARDER to make than either, but especially dollars, and thus, your value stored in Bitcoin cannot be stolen by the Fed, or the Treasury, or anything the corrupt human mind can come up with, and this is important, to not getting your purchasing power inflated away, like you do with dollars.
[How the US government seized all citizens’ gold in 1930s](https://theconversation.com/how-the-us-government-seized-all-citizens-gold-in-1930s-138467) "The reason we dropped the gold standard was because we moved towards a service and goods based value tied to the dollar." Who's this 'we', white man ? We (individuals) had nothing to do with it, it was Government Guns, taking our wealth by force, THAT is what moved us towards a 'service and goods based value tied to the dollar', but services and goods are NOT tied to the dollar, the dollar is tied to NOTHING, and as the Government prints more and more dollars, that is why inflation is ascendant, those services and goods become more and more expensive, and we are broke. Your nonsense explanation of the current system is WHY you don't get why gold worked, and crypto could work today. "This means the dollar globally rises and falls based on the value of its sovereign body's production. How would a cryptocurrency change any of that?" Ummm, no. The dollar rises and falls based on how many new dollars our corrupt government prints, relative to how many new pounds, or yen, or yuan the other guy's corrupt government prints, full stop. Yes, we have real production, but that has little barring on our money's value. The value of the dollar comes from how much money there is, relative to how many goods and services there are, and that value is dropping, like every day, as more and more free money is printed. How crypto would change that is that the Government can't print crypto ! Yes, government couldn't print gold either, but gold is in fact, harder to use, store, and send, than crypto is, which made it much easier to steal, since it was all in a few banks, back in old timey time 1933, so the dream of crypto is that hopefully we can have a money that we can hold ourselves (taken off the centralized exchanges, hopefully), can't be as easily stolen, and that can't be printed by government. Now is our corrupt government just going to sit back and accept our new money ? Of course not, but that is why we need people like you to understand the value of crypto, so we as a group, can move on from the broken dollar, to another type of money that isn't broken, in that crypto can't be covertly printed by government !
" "money" in its most bare bones view is an intermediary for an exchange of value for goods or services, but for that to work, the intermediary device needs to have its worth hard set so that people can dictate an equity of service or good. A 5 dollar bill is worth more than a 1 dollar bill because that is set by a governing body that we all just agree to adhere to." This is it, the CORE problem of money, the fact that its 'worth' is NOT 'hard set' by a governing body, this is a grand illusion, and BECAUSE you can't yet see that this is an illusion, the need for crypto, and gold before it, makes no sense to you. A 5 dollar bill is worth more than a 1 dollar bill becasue big number is bigger than small number, this is basic math, the REAL issue is, can you buy a house with a 5 dollar bill, or a single piece of candy, and THAT is determined by HOW MANY 5 dollar bills this 'governing body' decides to print, and this particular issue is NOT just "set by a governing body that we all just agree to adhere to", in fact, we as individuals have LITTLE REAL CHOICE in our governing body, or how many dollars that body prints, i.e. we didn't agree to this, we were born into this system, and FORCED to use THEIR money, that THEY decide how much to create, and give to themselves for FREE, while we have to give up our limited time on this Earth, to actually EARN our money. This is why we crypto, and our grandfathers gold-ed before that. WE want to control how many '5 dollar bills' get printed, full stop, because as they print more and more 5 dollar bills (and they DO, see covid spending), it makes OUR ALREADY EARNED five dollar bills worth less, and THAT is VERY unfair ! And until you realize just how unfair this system is, crypto won't make any sense to you. "Seriously the only reason we stopped using gold was because it was an ore that might be used for other things, plus it was inconvenient to control and could be lost." Really ? REALLY ??? You never questioned that Government School pure BS explanation of the end of the gold standard ? That reason is pure nonsense, allow me to educate you on what REALLY happened. So, the US government went broke after the 1929 stonk market crash, and the great depression really got going, and tax revenue went bye bye, and then, our fearless leader, FDR wanted to print some free money to bail everyone out, with a bunch of make-work joke jobs, like building eco-freak (of that day) hydro dams, and such, but there was a problem, and it was that pesky, gosh darn gold standard. So, what is a non-Emperor leader of the free world to do ? Did the country tighten its belt, pay off our debts, and emerge from the depression stronger ? PFFT !!1! OF COURSE NOT ! No, FDR just stole all of our gold ! Really, that is exactly what happened. It wasn't to 'use the gold for other things', except as in 'if I steal your car, I can then put it to better use than you could, by committing more crimes !' kind of way, we literally ended the gold standard so our corrupt government could steal our purchasing power by printing more of those free $5 bills, that it didn't have the right to print, under the laws of the day, back when a $5 bill was real money, and actually representing a quarter of an ounce of gold !
Loans, too. BTC is gaining conventional acceptance. When it can be used as collateral for loans, that is NOT included in your income statement.
Yes with Celsius and I got fucking rekt to oblivion... DO NOT DO IT!
to be clear if you're learning. there is a distinction that many have forgotten but is worth always stating imho. a coin has its own blockchain, a token rides on another blockchain. bitcoin on ethereum is an erc20 token, so is WETH on Ethereum, but ETH is a coin on ethereum but needs to be wrapped into the erc20 token standard to be used in DeFi just as any other token. bitcoin is the coin of bitcoin blockchain, runes are not coins they are effectively tokens following a token protocol on bitcoin. doge is a coin as its the native currency of its own blockchain. shiba is not a coin, it was a token launched on ethereum. people somehow confuse them. coins generally in my mind hold alot more merit as people who created them actually had to be blockchain developers, propagate, promote and manage their own networks. doge and wif are NOT comparable asset classes. people forgetting or not really caring about the distrinction is how this memecoin run is a rug fest because its a memetoken run and they require zero effort, skill or intention to deliver anything, or need to have any effort or continual work be done to maintain their ongoing existence. a whole network had to die for a coin to be a rug, often enough. not saying POS coins that used bitcore qt wallet works didn't lose value, but they had more merit than most tokens. there was alot more involved to integrate a coin into a website. tokens can do alot on the backs of the mother chain's compatability and talented devs work. tokens are often parasitic to the chain and the market cap of the native coin, sometimes they are the marketing and brands that draw people to that chain and support the price of the native token. maybe SOL is like this as many LPs are SOL/Shit token pairs. anyway call coins coins and tokens tokens and atleast I will be happy, apparently nobody else in crypto gives a shit anymore.
The fact that individual "stablecoins" (outputs) can be identified, censored, and/or consficated is exactly why they are NOT fungible. In fact, Bitcoin was/is the original NFT.
Stablecoins are NOT NFTs. Do you know what fungible means?
Sorry to say but you've been scammed. No Bitcoin were mined. This is a common fraud where they'll make it look like you've accumulated coins, but it's just a number going up on a site. Then when you try to withdraw, they attempt all sorts of maneuvers to get you to send them money first. DO NOT SEND THEM MONEY, UNDER ANY CIRCUMSTANCE. Also, ignore any DMs on reddit as you've now painted yourself as a vulnerable target. Post everything publicly. If you believe you did, in fact, mine, post the name of the site or app you used to mine. People here will help you determine how to get your funds out if there's anything to withdraw.
I don’t know if they still do but the idea was rather widespread in political diplomatic circles, it may have changed, i mean there must be quite a few Chinese Math buffs who fully understand the white paper. From what i could understand (correct me if wrong please), the Chinese view it as sth that comes from the outside, they like the idea, they (the gov) don’t like the inherent decentralized nature of bitcoin, which is why they have their own crypto and don’t want more cryptos, lack of control. That does NOT stop them from having understood the deep mf value of the asset and the plays that can be made, buying massive amounts of bitcoin and leaving, say for this example, just ten % to trade and act on markets with is already lucrative and will get more lucrative with time. They know that much and so do we ;)
I didn't watch the video but I would NOT expect to retire with less than 1 btc by 2030. I think you'll need much more than that.
Couldn't you argue the same when communities switched from paying in shells to paying in coins? Once society has agreed a use case and bartering system, whichever currency, trying to get the masses to switch to a new system will cause many people to think why switch, we're doing fine. But as technology evolves, crime evolves, society evolves; you have to anticipate future global needs and how our currency can safely evolve with society. - Fact is banks have been slowly loosing trust everywhere. I feel the biggest use case for the average individual is you csnt keep 100k of gold or cash stashed in your house, you could, but risky, we prefer to keep it in a bank. But we know banks are lending our money to fund whichever activities and groups they see fit, good or bad, and charge me fees for the fact they get to use my money and let me use it if I ask nicely. Being able to keep your assets, certificates, positions, investments, on a ledger you can keep private, secure, and encrypted.. I mean, why would people NOT want to own their own hard earned dolla? Trusting banks that can also go under overnight with your life savings is the illogical option to me..
Nobody, NOT EVEN THE DEV, can XHANGE ANYTHING. Thats why this is infinite, its here and it will stay here for good! LFG and I aint a fuckin bot you reddit delisional people
I'm happy I did NOT buy anything yesterday cashing the rise. GG
Again, for the billionth time people: NOT YOUR KEYS, NOT YOUR COINS! The Bitcoin in an ETF does NOT belong to the people that park their money there! When you invest in an ETF, you are NOT buying spot Bitcoin. ETF’s actually go against the agile idea that BTC was created for in the first place; financial freedom, financial sovereignty, an off-ramp to leave a broken fiat system and opt out of a system that will eventually collapse on itself. ETF’s are simply an extension of the broken fiat system that uses Bitcoin as a way to drive profit, and goes against the ethos of BTC and what it was intended for as an alternative money by Satoshi Nakamoto. I’ll take purchasing spot Bitcoin and taking custody of my own coins, thank you very much… So there’s your answer. And that’s why you don’t “just buy a bitcoin ETF”…
Exactly, these articles are merely an indicator of what's NOT about to happen.
People need to understand that one day you will NOT be able to trade fiat currency for Bitcoin You will have to provide value to society and be compensated in bitcoin. Just like you work for USD etc today.
Painful to see this. Tis is what everyone thinks at first YOu used to be able to throw a dart in the dart nd make 10x. The problem now is that te money isn't on CEX anymore, its in ETFs and held by corporations That money is NOT going into alts anymore. The newbie/degen pool shrinks every second of everyday
multiple past presidents have sold collectibles, actually pretty much all of them going back to reagan. but orange man bad so orange man bad. source: orange man bad i'm personally looking forward to a daily circle jerk that alternates between: omg like serves you right stupid, OMG NO NO DO NOT REDEEM IT NOOOOOOO
I agree about the ultra wealthy and the dollar, but bitcoin has the potential to transfer significant wealth and financial security into retail investors, when it becomes even more mature. The dollar does NOT. And it seems based on recent events, the S&P could potentially be a bad investment over the next X years. Gold is an obsolete and cumbersome asset that has been impractical to transport on large scales / small time frames (liquidity) for quite some time now. The devaluation of the dollar, combined with corporate / political greed, has skyrocketed prices for consumers over the past few years, (and will continue to do so) while wages largely remain stagnant. Institutions are starting to flock to BTC for safety and quality during this time of significant uncertainty.
It does NOT have the power to end crypto
You're telling me you saw Bitcoin drop to 70k and DID NOT invest your savings in it? Not even half of it? bruh
In a hall full of mirrors, take the straight path that leads to BITCOIN. Wander around (alts & meme) and you might just lose it all. DO NOT GET TEMPTED! See you on the other side
There are crypto backed loans available. However, I use Bitcoin and metals as reserve and a hedge against inflation. Risking reserves to grow our capital base is not a risk I am willing to take. I won’t place the reserve at risk. I cannot afford to lose the reserve. I was taught to never risk what I can’t afford to lose. There are other assets I am willing to risk for certain investments. My home equity, my stocks, even my short term savings. I can and do use as portions as collateral. But I will, at this point in life, only borrow to invest in one thing. My family. I have an LLC which functions as a small venture capital and business development holding firm. Through it I invest in ventures with my children and their cousins. If they 1) learn the business development structured methodology I use, 2) work cooperatively 3) remain in compliance with the values - they can develop and submit proposals and business plans. I did this with my son 6 years ago and it worked. He has a very profitable trucking firm. And my daughter runs the Bitcoin mining venture we started two years ago. My daughter who goes to school in Oslo is developing a venue for Art and Music. There cousins are getting into it. There are three really smart ventures in the pipe line. At some point, after Phase 1 - Development in which they burn through seed capital conceptualizing and documenting their business strategy all the ventures will require structured finance. When they get to that stage I collateralize their venture’s debt using my resources. But I will NOT risk our reserves. My bank would think I have lost my mind if I did. My job is to get them up to where the folks I do business who have deeper pockets with can trust their ventures. So I never risk what WE can’t afford to lose.
That is an advice I can not give, as I do not know your specifics. Like how much money you make a month, how much do you spend, how much do you have left over, whether you are married with children or not, whether you or someone you love has health issues that may need money to help fix. (Please do not answer any of this questions, here in DM's or practically anywhere). Old timers used to allocate their income as such: 1/3 for monthly expenses 1/3 to put back in your bussiness ( or saving to start your own, or buy a house) 1/3 as savings Modern wages do not allow this for the most part but it is a good rule of thumb to help you get your priorities straight. I suggest always leaving a portion of your money available for emergencies. Other than that what portion of it should you invest, is really personal. If you are serious about btc, you understand the dangers and dont want to be decimated by inflation, you could allocate 50%-80% of your savings to btc and be fine. More over, in a decade you might have gone x10. Having said all that, be prepared for the possibility that btc may have a couple of bad years within this decade (maybe more, or maybe none). In either case, dont let that affect your mood or psychology. It always bounces back. In short: make sure you have your priorities straight, do not overextend yourself, make sure you have a nest egg ( you might lose your job, or something else might happen), and be patient. Good luck, and I will try to solve more questions, if I am able. Also keep in mind, that much everyone else, I DO NOT KNOW SHIT ABOUT FUCK! i truly cannot say with 100% certainty that BTC will not implode some day for reasons that are beyond me. I am only responsible for my own actions, and so should you. Just because I make sense does not mean that I can predict the future. So, hope for the best and prepare for the worst. If BTC implodes and you were all in on it, there is no one else to blame but yourself. Same goes for me, same goes for everyone. I am not trying to scare you, I am just trying to make sure that you cover all your bases. Dreams of riches and financial independence are great, but stability and a sense of security are even more important. Cheers :)
Would it be wise to plant a tree today? Should I do it now or wait for it to go sunnier and plant from there? Thank you. Sorry OP but that's what it reads like. We all have been where you're at, read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late. ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money book. Get them and READ them both, please. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick and read this short guide, please: **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Bitcoin to me, is a savings account. If I have some spare cash, I exchange it for sats. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting. Now, don't buy a fake Bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. A few good wallet choices: [https://blockstream.com/green/](https://blockstream.com/green/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. Lightning wallets to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill or LN Pizza [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys Hardware Wallets (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
Not safe at all. Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. A few good wallet choices: [https://blockstream.com/green/](https://blockstream.com/green/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. Lightning wallets to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill or LN Pizza [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys Hardware Wallets (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
Seriously, get so wound up in a unilateral vote (abortion, immigration, religion, transgender to name a few) just to piss away what little obligation corporations and business owed to you. It’s a travesty that this country will feel for years to come, not to mention shat all over the relationships we had with our neighbors and overseas all in the name of “China bad bring back jobs to US” like DUDE ITS NOT POSSIBLE AT THIS POINT
buying between $85k and 95k will not fucking matter when Bitcoin is $1M in a few years You really will NOT care friend.
You may be waiting to buy at $110k then The way you beat bitcoin is NOT TIMING IT If you think you can time it because of some magic chart, get the lube ready because your ass is going to hurt very badly
OMG LIKE NO MORE MONEY COMING INTO CRYPTO WILL NOT MAKE IT BETTER IT IS GETTING WORSE AND THIS. IS. NOT. UP. FOR. DEBATE. YOU. STUPID. LITTLE. TWAT. lol i love reddit <3
no reddit is pretty loudly expressing OMG LIKE NO THE MARKET IS GOING TO ZERO ORANGE MAN IS BAD THIS IS NOT UP FOR DEBATE SELL EVERYTHING MEOW THIS WILL NOT BE HAPPENING AND IT SHOULD NOT BE HAPPENING BECAUSE THE FUNDAMENTALS AND THE ORANGE MAN IS STUPID AND MEAN AND ORANGE AND STUPID AND BAD
*Moves down* "NOT LIKE THAT!"
This is proof that Bitcoin is NOT political Plenty of people understand Bitcoin from ALL political affiliations and walks of life. Bitcoin standardizes VALUE worldwide, unlike ANY other asset ever could.
The money is in ETFs, and that shit is NOT rotating to alts from Blackrock. Alt season is dying and with good reason. Alts are literally worthless outside of gambling
Don't answer PMs as they're going to look to "help" you out of bitcoin. DO NOT answer PMs. I really don't know how to go about this the best way but I'm certain there are certain lawyers? specialized in this at this point who might help you for certain fees.
I’m with you though I’m not sure I’ve encountered that much. What I get more often is when I tell people I invested early and they ask why I’m not super rich now. Well, because I only put in what I was totally ok losing and what I thought represented the chance it would work out the way it did. I was investing in several ideas that could go big, but only one did, and I lost everything I put into the others. The thing is, that doesn’t matter because it was part of the plan. If I had picked one only and gone all in, it very likely would have ruined me. You have to evaluate decisions based on the information available at the time. Bitcoin looked great in theory, but it was incredibly unclear it would survive the test of time. I put in what I could lose and not lose sleep over. That’s not enough to be *super* wealthy now based on my wealth at the time. One of the things troubling me most about the average person’s reasoning and reflection capabilities is their seemingly complete lack of regard for assessing what information was available at the time. They often seem to think of any decision that didn’t turn out well to have been a bad decision in retrospect, which is NOT the lesson.
>opinions can't be facts, that's a fact 😘 opinions can be factually accurate >my WHOLE point was just because Cardano is at a 5 and another chain might be at a 12 doesn't indicate anything bad for cardano because smart contracts etc arrived at a different time. so the stats are all relative. And my point was those excuses can be claimed by a lot of projects and those projects have surpassed Cardano. >So NO it will emphatically NOT prove your "opinion as fact" to show me any of that, and that's a fact. I'll just restate my points in ways that can be objectively proven as true, how is that? For example, instead of saying Cardano regularly has empty blocks, I'll just say that Cardano has at least 1 empty block every hour. Would that prevent you from deflecting all these criticisms or is it gonna be back to making excuses?
> metrics are facts.... facts that matter Your meme narratives and scam metrics to shill ETH to gullibles are NOT facts > Ethereum is king King of what? BTC is almost 10X the marketcap of ETH. Sure Ethereum is the King of creating Shitcoin Scams Tokens but nothing else > Over 25 of the top 100 cryptocurrencies by market cap are built on Ethereum. 25 Scam Tokens! Impressive. Ethereum used to have more before. In January 2018, 32 out of the top 100 coins were ERC-20 Meme Tech vaporware rugpulls were on Ethereum. There were over 500 Ethereum ICOs in 2017/18 that stole most of investors money. These tokens and projects mostly end up the same. Only thing it proves is that Ethereum is the King of Shitcoin Scams. https://coinmarketcap.com/historical/20171228/ > Over 50% of all Total Value Locked is on Ethereum TVL is a scam metric based on scam tokens locked up to make gullible fools believe real capital is locked up instead of vaporware scam tokens. > 81% of all tokenized RWAs are on Ethereum 97% of RWA are just Stablecoins available across competing shitcoin networks including Solana, BSC, Tron, L2/Sidechains. Even if the whole world needed public blockchain tokens for transactions, the tokens would not go up in price. Competing networks that provide rails for any time of widely adopted tokenization will need to remain cheap in order to compete. Evidence here is, Stablecoin supply has gone up 120% > The world’s leading financial institutions have either launched or are developing on Ethereum, including BlackRock, Fidelity, Deutsche Bank, BNY Mellon, Visa, Sony, etc. Since March 2024, mETH Heads started shilling BlackRock BUIDL, Soneium, RWA memes and ETH is down -60% since then. It's mostly niche use cases, trials and pilots. Also, ETH Maxis said, Blackrock is only building on Ethereum. They've also started using multiple chains now including Aptos, Arbitrum, Avalanche, Optimism and Polygon. https://np.reddit.com/r/CryptoCurrency/comments/1bkm1u1/blackrock_unveils_crypto_fund_first_with_5/ > Nothing else is even close BTC has a 22% annual return over a ~7 year period. ETH returns ~1%, ETH is not even close. Hell, if you want to earn just as much as ETH at ZERO risk, then you can stake FIAT which guarantee ~5% returns which is 5X better than ETH.
But....you can basically "pay" with crypto almost everywhere with master or visa. I don't know why this is still such a big surprise for people. The real question is, why are people NOT paying with crypto and I have a nice little answer that I think most already know.
^— This. Alt coins one and only purpose is to seperate you from your bitcoin. I always found it funny initial coin offerings wanted by. in exchange lol how about no. But everyone thought they could get altcoins and sell before others sold because “they were smarter”. Besides ethereum have many alt coins NOT lost 99% of their value?
They don’t care if the house which was borrowed for floods. They will still get their money paid back, that’s why credit score and capital is taken into account when giving a loan. Are those mortgages riskier ? Surely, yes, because if the beach homes do flood and people don’t pay their mortgage the bank won’t have anything to confiscate and sell to recover their income. See I said income in the previous paragraph because a loan is NOT a cost to a bank, it’s income. The moment the loan is signed and the money is issued to someone, that money was generated / spawned into the economy. The bank “prints” the money (= SQL query to update the funds held in your account), they don’t actually pay a single dime for this loan. Anything they get back from a loaner is profit, so is the interest. Banks will never lose money giving mortgages, because there is no more fractional reserve banking. They don’t need reserves to “lend” (=print) money.
>Bitcoin is a currency so its usefulness depends on circulation. Unlike stocks, its value requires people to sell. If no one had bought that pizza with it, or sold when it hit $1K, or cashed out in 2017... BTC wouldn’t be what it is today. No, Bitcoin's usefulness does NOT depend on its circulation, you stupid ignorant FOOL. This is a profoundly ignorant statement that reveals that despite having seen the amazing usefulness of BITCOIN for over 10 YEARS, you still spew this garbage nonsense about money needing to be spent to have value. Do you even bother to THINK about the asinine drivel that comes out of your dumb mouth? I HATE people like you. You never bother to THINK things though. You NEVER question your own ideas and thoughts. That is why you are and always will be a loser. WHY would bitcoin need to be sold or spent to have value? How can you possibly think that if people had insisted on HOLDING their bitcoin instead of spending it on pizzas and other hedonistic consumption that Bitcoin would be worth *less*? Do you even think about the stupid shit you say? People are WRONG about money. Money is NOT for spending. At *BEST* spending is an incomplete analysis of the usefulness of money. Anyone with half a brain can know this to be true by understanding that in order to spend any money, someone else downstream of that transaction MUST SAVE/HOLD that money on their balance sheet--otherwise the value would instantly drop to zero. Money is NOT a tool for spending. Its usefulness and value does NOT come from nor is dependent on losers like you who are to stupid to know what seems like a very obvious rule--you don't sell your fucking Bitcoin. Money is a tool for storing economic energy--a tool for saving, and its value comes from people who have the foresight to produce and then save that money on their balance sheet. No spending is required or even possible without a money first being demanded and used as SAVINGS. But you are too much of a loser to have even thought though that, so you keep parroting nonsense like some willfully ignorant child who believes whatever is said to them. I'm glad you didn't save your Bitcoin. You aren't worthy of this superior money. Now kindly go shit in your hat and stop repeating this blasphemy that "REEE! Spending is what makes money valuable!!!" . Have fun staying poor, you disgusting clown.
[Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.
opinions can't be facts, that's a fact 😘 my WHOLE point was just because Cardano is at a 5 and another chain might be at a 12 doesn't indicate anything bad for cardano because smart contracts etc arrived at a different time. so the stats are all relative. So NO it will emphatically NOT prove your "opinion as fact" to show me any of that, and that's a fact.
No mate, gold going up is like red flags of the fucking leviathan surfacing about to kill us all. I bought gold as a safe haven against financial Armageddon. Shiny rocks blasting up when it’s already the biggest asset by market cap is NOT GOOD. Bitcoin doing its thing? Totally normal. Still “speculation” I guess? Safe haven world reserve asset going up? BIG BAD!
So you don't understand inflation as they don't. Bonds lose to inflation.. keep Money in bonds is a losing game. This is riskier. Buy bitcoin with the money you are NOT afford to lose
You know it cracks me up EVERYTIME anyone says “Bitcoin has no intrinsic value” like the paper fiat is ANY BETTER… hahaha! It’s LITERALLY NOT EVEN WORTH THE PAPER ITS PRINTED ON! We’re STILL EARLY!
**Cold storage or just buy an ETF. Buying and leaving it on a central exchange leaves you vulnrable to TOTAL LOSSES without recourse.** **Furthermore, buying on Coinbase does not affect the price unless you withdraw it from their platform. So, keeping coins on a central exchange HURTS the bitcoin price.** Coinbase, Kraken etc. are ALL not insured to hold Bitcoin. If you plan on transferring to cold storage then great, but if not, DO NOT leave it on an exchange like Coinbase. This is literally the worst thing you can do ETFs actually have to buy the Bitcoin you give them money for and are SIPC insured
It just means that btc did NOT reach your entry point. It just means the dollar lost value so you get more dollars for it. Since the euro didnt lose value, you dont get more euros for it
I have a house and i did NOT sell into bitcoin
its just a "round" number thats obtainable right now so people use it. You really just want the maximum you can at the best price that you DO NOT CARE about losing. When BTC loses 25% in a day, you'll be glad you have an amount you don't care about losing.
Absolutely under any circumstances DO NOT OPEN THIS. I am certain this is a scam
"Base Is Stealing the Secret Sauce Keeping Solana Alive" https://x.com/digitalartchick/status/1912816301715685848 Base should have done this last year. Bitcoin has a massive branding lead over Ethereum. The only chance Ethereum has of catching up is to have a nearly perfect narrative. That means dominating in EVERY category of onchain activity. It should be aggressively seeking to be the premier location for any new onchain trend. If Ethereum leads in 5 out of 6 of the major types of onchain activity (e.g. DeFi TVL, Lending/Borrowing Volume, Smart Contract Interactions, Cross-Chain Bridge Activity, Real World Asset deployment), that is NOT enough. Being supreseded in one area of onchain activity threatens its narrative of having unassailable network effects. It must lead in transaction volume, token creation, and DEX trading volumes too.
If you are willing to hold for 2-5 years. I would suggest $HBAR is priced lower than a lot of others still. Under .20 currently. But the tech and Council that Hedera has is different from Blockchain. Called HashGraph. The HashGraph is already Quantum Secure and Running in real world scenarios. I could rhyme off a list of things. But SWIFT is running payments on HashGraph (will probably beat out XRP) SEALSQ already has 21 Million homes running their Smart Hydro meters on Hedera HashGraph, they also already have a satellite in Space (SealSQ) running on Hedera. Everyone is overlooking HBAR BIG TIME I believe HBAR/Hedera will over take ETH in 5 years, as the council has been preparing for this moment for YEARS. They will be one of the FIRST to pass all regulations necessary, again because they have built under the impression that Regulation WILL be Implemented if Crypto is to see MASS adoption.... Ya. So I'd buy HBAR if I was picking anything in the top 50 for a long term hold. Oh ALSO of NOTE .... HBAR has a 100 year Business plan already.... They are NOT going anywhere BUT UP
> defi is crypto Let me remind the gullible that Trading Shitcoins is NOT finance. DeFi is a bullshit scam narrative from the Summer of 2020. It's not neither decentralized and it's not fiance. DeFi is ScamFi: - Essentially a Shitcoin Casino. Leveraged plays, trading shitcoin tokens, earning yield on shitcoin tokens, providing liquidity on shitcoin tokens. NOT FINANCE - Every player like, MakerDAO, AAVE, LINK etc, is COMPLETELY CENTRALIZED - There are **no life financial products like life, home, health insurance, mortgages, home equity loans, car loans, personal loans without massive collateral, commercial loans, etc.** Again, shitcoin trading, yield farming, etc is NOT FINANCE. - Then you slap some scamified metrics like TVL based on scam tokens locked up to make gullible fools believe real capital is locked up instead of vaporware scam tokens. > almost everything in the Top 20 tokens is a defi/smart contract related token And the entire Alt Marketcap is down -50% since 2021. BTC and Stablecoin marketcaps are the 2 assets growing long term. If these pump and dump scamcoins were actually providing any "Decentralized Finance" value and services that people could use, they would not losing value year after year. Hell, ETH's value is at January 2018 levels and ADA's value is below December 2017 level. - BTC marketcap has grown 35% since 2021 (close to 1/2 Trillion in growth) - Stablecoin marketcap has grown 120% since 2021 (over $120 Billion in growth) - Excluding BTC/Stablecoins markecap has shrunk -50% since 2021 | | 2021 | 2025 | Δ |:-----------|------------:|:------------:|------------:| | BTC | $1.23 Trillion| $1.67 Trillion | 35.77% | Stablecoins | $0.11 Trillion| $0.24 Trillion | 118.18% | Ex.BTC/Stablecoins | $1.52 Trillion| $0.71 Trillion | -50.90% | Total Crypto | $2.86 Trillion| $2.67 Trillion | -6.64%
At the moment I'd say Northern Cyprus. Autonomous banking inc big Turkish household names. All with direct links to mainland Turkey. Since they are NOT a recognised country by the EU, they don't need to follow EU reporting rules. So they don't.
Cold storage is the only kind of storage with which I do NOT feel fear.
No, this is a dip. You biy on dips and sell on highs. The market will recover. Do NOT panic sell. Look at what happened with Bitcoin it was 3k in 2017, and in 2020, it dropped back down to 3k. 5 years later, on a dip, it's 85k. When you buy good stocks and cryptos, plan to have them 5 or 10 years. Month to month worries will ruin you. Buy the dip and get your cost average down for when it goes up after tariffs are settled.
I mean $28 not bad for 2075. Im not gonna pay that but not bad not bad. Still won’t pay that absurd amount but hey NOT bad.
See, I definitely see your point. But if you believe that Bitcoin will eventually be the world reserve currency, even if that's 100 years from now you might as well start stacking. Even states. The federal government is the one that I think should NOT be buying. Because their job is supposed to be strengthening the current world reserve currency.
🤔...this makes absolutely no sense. Stocks and bonds are not calculated into the U.S. national debt. Most countries would be in ruins if that was the case. There is a difference between saying: "the U.S. is $36 Trillion in Debt" v.s. "the Total National debt of the United States is approximately $35.8 trillion" The purpose of the National Debt Clock is to highlight the rising national debt among civilians and to encourage fiscal responsibility. The National Debt clock was installed in 1989 by Seymour Durst to draw attention to the growing burden of our public debt being held by the government only to be paid down by future generations. There are only two things used to calculate our National Debt. - Debt owned by the Public. Which currently amounts to 79% of that calculation. - Intra-government Debt. Which amounts to the remaining 21%. Which highlights a few things that should be clear. 1. The United States Government is a Service and does not function like your typical business. Meaning that the United States Government does not create a product that would otherwise produce revenue that can be used to pay down debt. 2. Public debt is calculated into this debt clock: Credit Card Debt, Home Loans, Auto Loans, Student Loans, Personal Loans, etc. All of this 'Public Debt' is being held by, and insured by, our government institutions. Your money that is currently being stored at a local bank is insured by the 'Federal' Deposit Insurance Corporation (FDIC), for example. 3. The recent and necessary raising of Interest Rates by the Federal Government to help curb Inflation, is also added to the debt clock calculation. The clock slowed as more people chose not to pursue loans with high interest rates implemented by the Federal Government, however, the deterrence was negligible following Trumps Executive order to bring the interest rates back to pre-pandemic percentages. Meaning, all of those businesses who choose to inflate their prices, and who also claim Record Profits that year, are purposefully choosing to add to our Trillion Dollar debt clock. 4. Social Security is also calculated in with the debt clock. Social Security taxes are collected via the payroll tax system and are added to a Trust Fund. Which is currently solvent with nearly $2.77 Trillion in the trust to pay out. This trust fund money is calculated as Debt with the National Debt Clock as when people continue to retire the money accumulated in that trust is then 'owed back' to the retiree. 5. The meaning behind the debt clock calculation has always been to bring focus on, and to encourage the practice of fiscal responsibility with YOUR personal finances. Laying off federal workers does NOT solve these issues of your fiscal responsibility, or lack thereof. And if anything it continues to make this country Less safe. The majority of the people hired to work for the U.S. Government are former or current U.S. Military members, and the budget to finance their positions in the government is allocated by members of Congress out of the necessity to fill a needed function and role. It is the same hiring process as all businesses do. They hire people based on their qualifications for the job. 6. War also adds to the national debt calculation, however, during his entire first 4 years there was no attempt to end Americas longest and most expensive war in Afghanistan. Which added nearly 8 Trillion to Americas debt calculation. What did he do instead? He Golfed. He golfed more times in 4 years than any past president did in their 8. Costing taxpayers $141 Million during his first term and has already cost tax payers $10.7 million since he returned to office in January 2025. The average salary of a U.S. Government Employee is $82,586 a year. Which is approximately 1,700 Times less than how much we paid for his golf outings during his first 4 years. But he has also found a way to somehow financially benefit from his first term by using his presidential position to advertise his golf courses and hotel properties, which ultimately awarded him $2.8 Billion for his businesses... ...while also claiming that he donated his $400 thousand annual potus salary. 🤷🏼♂️ The debt clock is now owned and operated by Elon Musks Department of Government Efficiency (DOGE). So, you have a choice in this matter. Support the former and current members of our military who continue to provide a service to this nation by working for the United States government. ..many of whom served in Iraq and Afghanistan and earlier wars. Or support the people who live in excess off of the tax payers dime and have worked their entire lives dodging having serve this nation in any capacity and who vehemently do everything in their power to avoid having to pay their fair share in taxes, which goes to help pay down our national debt.
$TAMA bonding soon,9k MC Jeets out, this will moon. DYOR, NOT FA CA: 3wqwzGEfXE9H7aYptJqVMM3kZoUHWKAPn5QrQKrYmoon
He can absolutely fire Jerome Powell temporarily and appoint someone else, and Jerome Powell will likely sue the government to get his position back, and then the Supreme justices will have to step in within days to decide whether Jerome Powell should get his position back. We'll never know what will happen during the transition when Jerome Powell case is being decided by the justices. Also, there's the thing: Jerome Powell is not the decision maker. He merely takes votes from other Fed members and and speaks on their behalf. The decision was already made during their meetings and the rate decisions were actually voted by the members, NOT decided by Powell.
Dude...DO NOT PUT YOUR BTC ON ANY PLATFORM TO EARN INTEREST. I lost 1 BTC from Celsius.
Do NOT chase this. I had .25 BTC and I lost it when BlockFi cratered because of SBF shenanigans. I didn’t even know that was the exposure. That was in 2022.