Reddit Posts
Mentions
lol noob mistake. THIS IS NOT 2017 and you PANIC SELL !!! Haha u deserve it bitch
I know right! No data, just generic platitudes that aren't even true like "Gold protected purchasing power during inflation spikes". Gold does NOT respond to spikes in inflation, especially over the short term, and over the last ten years has greatly outperformed inflation. Over the long term, as a scarce commodity, it protects against inflation, but that line can be used to describe any investment.
Now everyone needs to realize that Bitcoin is not dependent on America. NOT AT ALL!
Because stocks are NOT better performing. They are just less volatile. Most stocks are just as much in the toilet as crypto is. You just look at the S&P that is carried by the overly pumped Nvidia and has not yet corrected, telling yourself how one stock that has 100 years of record sales already priced in today is somehow representative of the entire market. If you have a habit of evaluating markets by looking at the previous ATH, see how much you lost since then, just to compare it to what would have happened if you had bought stocks randomly at that same time, you will always find the conclusion that your setup wanted to find. You could just as well look at the ATH of stocks right after a crash and then conclude that buying crypto is better... It would be equally false. Eli5: because stocks aren't performing better and anyone with a fundamental grasp of financial markets is aware of this, even if you are not.
all these people wishing for 90% discount will 100% NOT buy when it hits their target price.... when the time comes, they will be saying: "lol, it's dropped 90%, it's going to zero... i ain't buying that shit!"
never NOT a good day to be converting ppl into self-custodying their crypto... a friend of mine — who is literally a dev on a pretty big crypto wallet team 🤯 — finally took the self-custody plunge after I gave him the pitch. he bought his very first hardware wallet recently 🤝 A.B.C. = always be convertin’
Honest answer, I have been burned too many times in the past by my personal mistakes (manual trading) to go over a 0.25% of portfolio per trade. It takes too long to get where I need to be. And, you cannot achieve high VIP status on the exchange without actually putting in serious amounts and doing real volume (that is the thing I need actually, not the money, I want the status). Now, you're gonna say, so I want to risk other people's money, right? The short answer is both yes and no. I just cannot go over 0.25%, that is my fixation, and 0.25% of 50k is not the same as 0.25% of 500k. Also, I am not expecting anyone to just hand over cash like that, that person has to have at least one more perk from my list, because all the other perks are the more important ones. I am NOT actively searching for investors.
Well it really is just about getting the timings right, which most people get wrong. If you bought at the last cycle high (around 60k) and then let's say they just recently sold (90k) that means they waited 4 years just for a 50% gain. That's a really weak performance. Alot of hodlers just say just hold and you'll get rich. But not really, you have to actually ENTER at cycle lows and EXIT at cycle highs to be able to make decent profits. MOST people like 90% of people are NOT able to time this correctly. So even if they hodl for years, their performance will still be weak if they didnt enter and exit at the right points of each cycle.
It doesn't matter to me. I'm NOT selling! F\*\*\* the manipulators!
In response to OP via Ai: — 1. BITCOIN IS NOT “CRASHING.” IT’S DOING WHAT IT ALWAYS DOES AFTER A BIG RUN-UP. Bitcoin hit a new all-time high around $126,000, and every time that happens, it has a big cooldown afterward. This cooldown is called a wave-4 correction, and it usually drops 20–30%. This is exactly what we’re seeing now. It’s normal, not a disaster. — 2. NOVEMBER IS “USUALLY” A GOOD MONTH, BUT ONLY DURING THE HYPE STAGE. Right now Bitcoin is not in the hype stage. It’s in the cooling-down stage. So the old November pattern doesn’t matter this year. — 3. A LOT OF TRADERS WERE USING BORROWED MONEY (LEVERAGE). THEY GOT LIQUIDATED LIKE DOMINOES. When the price dipped a little… Borrowed traders → got forced to sell → selling made price fall faster → more liquidations → more selling → repeat. This is what caused the fast drop. It wasn’t because “Bitcoin is dying.” It was because too many people were overconfident and got wiped out. — 4. ETF BUYING CHANGED THE TIMING OF THE CYCLE — NOT THE CYCLE ITSELF. Bitcoin did not “break.” It just peaked earlier than usual because of ETFs. So the correction also came earlier. Nothing strange. Just a shifted timeline. — 5. A RED NOVEMBER DOESN’T AUTOMATICALLY MEAN A RED DECEMBER. People saying that are looking at a tiny number of years, and most of those years were bear markets. This year is not a bear market. It’s a mid-cycle cooldown. Calling for months of doom is not based on real technical evidence. — SIMPLE SUMMARY: • Bitcoin went very high • It cooled off (very normal) • Leverage made the drop look bigger • Nothing broke • Nothing is unusual for this stage • The long-term trend is still intact There is no reason to think Bitcoin is “over” or entering years of decline. This is exactly what it usually does in the middle of every cycle.
If you are cut out for a waiting game, have at it. If you are going to watch the ups and downs and fret over price crashes, DO NOT. I personally have been putting in about 100 a week for my retirement (I’m currently 37) and have been for about 3 months, and don’t care about the highs and lows, because I buy when it’s up, and when it’s down. When I go to retire in 20 years, I will be satisfied with my decision. I’d recommend buying in but not every cent. You can wait to buy more until it goes down in price to lower the overall average of the price you end up paying, and just consider the money spent until it actually is. I buy from Cash App because they have MUCH lower prices per coin the ETFs do, and it keeps updating the price to nearly parallel the actual value of the coin. Like say it’s 100k a coin. Cash App will charge 101k or 102k where other ETF will charge 107k because you’re buying THEIR bitcoin which they can charge what they want (ie binance.us, robinhood, kraken, etc). Just my 2¢
OP asked for reasons why, or why not, to invest 100% into Bitcoin. This guy gave a VERY GOOD reason why NOT to throw 100% into it
DO NOT SELL!!!! No matter how scared you get. It will go back up.
What are the chances that a market that is: - nascent - completely unregulated - trades 24/7 - anonymously - worldwide Is somehow NOT manipulated?
I'll tell ya what I'm not doing. IM NOT SELLING 😤
I swear to God I feel so conflicted I want it to drop lower so I can buy it cheap, but then if it rises I will have wasted an opportunity and so I settle on buying now; only to see it actually dip even further right under my damn nose. AND what keeps happening is a few months later I will find myself wondering...the.same.Thing."Will it drop lower this time?" And what if it jumps back up? now I've missed my chance.. THE LAST TIME , so I just settle on buying half now, and buy more later , But it just goes back up!??! so now I'm like fuck it I will buy the other half now and settle on the current price .. and months later I notice the price has virtually been the same, and I ask myself : will it drop lower? or should I buy it now like always? NOT THIS TIME! This time Im going to set a limit order Right below the current price and one more, incrementally lower than the first order, cus DCA plus If they both fill I'll know it's definitely ***buy or die*** and I'll definitely for sure know when to buy mo- it never fills. Eventually These two limit orders are so long and forgotten that I no longer live in a reality where Im able to even recognize that I was ever in possession of said money; until I see a click bait article of Bitcoin reaching a new all time high, superceding the previous record by like 5 cents or some shit, and me being me I finally decide to check on the exchange and within 5 seconds I'm convinced we have entered a new stage of Lows, where BTC has finally cemented its gains and the opportunity to buy Low.....is now. It's pricey but there's two unfilled orders I could just cancel and reinvest right now. *So I settle on buying now*....Lo' and behold 2 weeks after the purchase, BTC dips down to a price that would have filled both limit orders. Fuck.
In an inflationary environment, taking loans is actually a good idea. If won a small lottery, I would NOT pay off my mortgage, for example.
Let me explain in economic terms why teeth will never replace Bitcoin, no matter how “whitepaper-ready” they look. --- ## Why Teeth Are NOT the Next Bitcoin *(But would make a great meme coin.)* ### **1. Scarcity? Yes. But… too biological.** Bitcoin: fixed supply of 21 million. Teeth: fixed supply of **32**, minus whatever your childhood self already traded to the Tooth Fairy for quarters. Ultra-scarce? Yes. *Investable?* Not unless you want a smile that resembles a broken picket fence. --- ### **2. Permissionless? Technically… no.** Bitcoin: Anyone can mine. Teeth: You technically need: * a dentist’s approval * anesthesia * emotional support * possibly a ride home This is **NOT a decentralized extraction protocol**. --- ### **3. Trustless? Hard no.** Bitcoin lets you transact with strangers without trust. Teeth require: * trust in the tooth’s origin * trust that it’s not “freshly harvested” * trust that the person didn’t just pull it out in the parking lot like a barbarian *No one wants KYC to stand for “Know Your Canines.”* --- ### **4. Fungibility Problem** Bitcoin: every coin is equal. Teeth: * This one has a cavity * This one is yellow * This one is suspiciously sharp * Why does this one have braces still attached? It’s basically the opposite of fungible. It’s **funny-gible**. --- ### **5. Portability** Bitcoin: fits on a USB or your brain for all I care. Teeth: Imagine carrying a bag of loose molars everywhere. That’s not a “wallet”—that’s **evidence**. --- ### **6. Durability** Bitcoin lasts forever. Teeth… well: * Coffee * Sugar * Forgetting to floss * Accidental popcorn kernel attack Your currency shouldn’t be defeated by caramel. --- ### **7. Permissionless Mining** Bitcoin miners: GPU rigs plugged into the wall. Tooth miners: Oral surgeons with a 6-year degree and a dental drill. Not very inclusive for the average degen. --- ### **8. Deflationary Mechanism** Bitcoin: halving events. Teeth: “oops I chipped it on a tortilla chip.” You don’t want monetary policy dictated by snack foods. --- ### **9. Self-custody Is a Nightmare** "Not your keys, not your coins." "Not your teeth, not your… gums?" Losing your hardware wallet is stressful. Losing your tooth-wallet is a trip to the ER. --- ### **10. Network Effects** Bitcoin has millions of users. Teeth currency would have: * dentists * pirates * the Tooth Fairy That’s not an economy. That’s a children’s book. --- ## Final Verdict While teeth are: * scarce ✔️ * unique ✔️ * hard to fake (usually) ✔️ They are also: * gross ❌ * painful to “mine” ❌ * not accepted at Starbucks ❌ * likely to get you arrested ❌ So yeah, Bitcoin will remain safe from being replaced by molar-based money, at least until someone launches **ToothCoin (TTH), “Because value should hurt.”**
Welcome aboard. We all have been where you're at right now. Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). 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 by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **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. 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 too and compares buying bitcoin VS stocks. Now, don't buy some 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. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **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. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. 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.
Except if you understood Bitcoin it was obvious what would happen. You can whine all you want, but it was obvious. All you had to understand was p2p and the fact that there is NO WAY there would NOT be truly digitcal money at some point in the near future. Yeah, I've been in BTC since year one, mined with cpu, gpu, fpga and asic.
That’s true, but for nearly half the country, we are getting what we did NOT vote for, twice. So that’s why we have rules, laws, and normally the pearl clutching right wingers, who were beside themselves at the though of Hillary Clinton’s email yet have no problem with a potus grifting in plain sight. It’s beyond the pale. I really don’t have a strong enough description for what it feels like to watch this happen, powerless, and also KNOW without a shadow of a doubt that the Republicans in power would know how criminal this is - or should be - if he were a Dem. They should make it illegal asap. They write the laws.
say it again?! I always heard "invest in Bitcoin what you can NOT afford to lose", don't tell me it was a lie!
Technically Litecoin IS a codebase fork of Bitcoin (Charlie Lee copied the code so he could tweak it a bit and relaunch it as LTC), but it is also technically NOT a chain split fork (that shares the Bitcoin genesis block). It's confusing I know, but good to be precise.
**Bitcoin**'s supply is fixed, rigid, and decreasing. *Absolute maximum: 21 million.* *The supply is inelastic, meaning it doesn't respond to price.* *If the price increases tenfold, production does NOT increase.* **Gold** is abundant, flexible, and responds to price. *3,000 new tons are mined each year.* *If the price rises significantly, more mines become profitable, and production increases.* *There are undiscovered reserves that could be exploited if the price rises sufficiently.* *It doesn't disappear: gold isn't lost, corroded, or destroyed, and it's almost always recycled.* \----------------------------------------------------- Bitcoin experiences continuous supply shocks. And these shocks become more intense each year. Now ask yourself what a supply shock is, and how it could cause BTC's market cap to skyrocket with a comparatively much smaller investment than in gold.
Precisely. You can't beat yourself up for not being able to foresee the future. I've heard of someone who was almost a millionaire in $LUNA, but did NOT cash out when things started to wobble, because he believed there was no way would go to zero. Yet, none of that is a reason for grief, because the plan would have been to cash out into TerraUSD in *any* case, which *also* went to zero when [the whole Terra ecosystem imploded](https://www.youtube.com/watch?v=lAQdQzF4KYM).
Posts like this are a disaster for everyone. Maybe do some DD before you spread misinformation. Crypto on exchanges is NOT insured. They might have some private insurance against theft of their hot wallets but any bankruptcy and you're sol. Crypto stored on exchanges isn’t FDIC or SIPC insured. Also where you get the 95% is also just based on nothing.
123 “DO NOT REDEEM” st, O block, Chicago IL 😂.
Picture anyone over the age of 60 actually using crypto and self custody. A nigerian princes wet dream. Bye bye any inheritance lol - tell your parents NOT to use crypto for any reason.
Welcome aboard. We all have been where you're at right now. Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). 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 by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **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. 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 too and compares buying bitcoin VS stocks. Now, don't buy some 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. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **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. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. 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.
Post is by: nitroacid411 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/btc/comments/1p8lwe9/black_friday_bull_or_bear/ I've been wondering if anyone has gathered the same information in the past week? I could be off a bit and maybe the data is inconclusive and dated? Is it safe to share with the community? I'm on a limb but here's what I've read and discovered. Help me if I'm wrong? *** Current News (1 to 7 days) *** - 3.2 trillion market cryptocurrency cap exceeded - $90,000 k Bitcoin - Gold (perspective) - $3,000 k ETH - Silver (perspective) - China/USA trade tariff deal - Russia/Ukraine war peace deal Artificial Intelligence AI: - Nvidia down $195 -> $170 20th-25th November - Remember Deep Seek fears from China competitor - Nvidia challenged by Google Gemini buyers from Meta data centers - Big 7 AI are opening up more companies and this will not continue to be the only 7 in this stock market Federal rate cut: December 10th: - November rate cut no effect on cryptocurrency - USA bonds backing BTC - Cheat Sheet in 11/26 (Greater > 6.5 trillion is the number) - Jobs - Cartels were liquidated last week and during the month of November - Drop 30% - China #3 worldwide miners of cryptocurrency - China eyeing opening the ban since 2021 - Russia open for cryptocurrency - Russia sold bags to pay bills - can't pay soldiers Public moves: - Andrew Tate liquidated 700k+ - Baron Trump longs opened 50m+ - Garrett Jin longs opened 200m+ Imagine the people NOT showing their cards in poker? How many of these people are you or connected to your investments that are silently setting up puts for longs and shorts silently? - Michael Saylor holding even at a close 74k topple and explains the 12 year cycle not 4 year - Tommy Lee holding ETH on the dump and going 15000 long ETH - Robert Kiyosaki is not a crypto investor - A real estate mogul yes, not crypto, he sold - JPMorgan Chase - Bitcoin bond What have you seen in the past 1 to 7 days. Ask yourself? Ask your team? Time to invest or sellout? Watch those %'s and gains or loses. It's showing a lot of data. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
I am holding since mid 2017, and have witnessed insane up and downs. Like many others in this sub. Holding is not easy, but you don't get the real gains if you try to time the market or if you scare easily. You say, one of the reason is *you have to be rich to hold this long*. This is relative to anyone. There are different ways to look at this: 1 - You have to hold a sum that wouldn't put you on the street if you'd lose it. In other words, you have to be comfortable with what you put in. Eventually, however, bitcoin is tricky in that, the orders of magnitudes of gains end up irremediably being large enough to be discomforting and ride through the volatility. Although, there are worse problems to have ! 2 - You quote Michael Saylor. And Saylor would actually say, *it is risky NOT to have bitcoin*. Because the asymmetric potential is such that, you should literally save in bitcoin. I personally went through option 1, and in retrospect, I wish I had had a option 2 mindset, but on the other hand, if I had, I'm not sure if I would have been, mentally, able to hold this long. And at the time, it didn't feel like a safe thing to do. Now, I think the advice of, putting only what you can afford to lose makes sense, and makes you sleep better at night, especially through the volatility. Although, be prepared for this amount to grow into something you "can't afford" to lose...
Welcome aboard. We all have been where you're at right now. Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). 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 by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **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. 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 too and compares buying bitcoin VS stocks. Now, don't buy some 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. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **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. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. 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.
They do not! Please use your brain. Why would anyone sell Bitcoin for gift cards? That makes no sense dude. Yes people accept money for payment. What does that have to do with accepting gift cards? Again! Gift cards are NOT money. You can sell your gift cards. You won't get the same value of the gift cards of course but you can take said cash and buy Bitcoin. Done!
[EIP-7935](https://eips.ethereum.org/EIPS/eip-7935) is information and just a recommendation. Client teams and validators aren't required to follow the default gas limit. Historically, we know for certain that over half of all validator do NOT use the default value.
I agree that the inheritance/multi-sig aspect of bitcoin is one of the main learning curves that deter people from going all in on long term savings. Learning to self-custody with a hardware device is reasonable enough, and something you often come to on your own. But once you begin building up a large amount of savings you realize that the risk is not just losing/compromising your seed phrase but also that you need your spouse and relatives to know your setup (but also design it for them NOT to know it \*too\* well, or have access \*too soon\*). For easy access by relatives/heirs if something happens to me, I have considered 3 options: 1) Use a service like Unchained, Nunchuk (still need to research both more). **Downside**: Requires more trust, ongoing expense. 2) Divide up a multi-sig setup among relatives, 2 of 3 means 1 seed phrase for me (with a copy in my will), 1 for my spouse (so that together we can still sign transactions if ever selling) and 1 for a dependent. **Downside**: my spouse needs to keep it separate from me. Also my dependents are not adults yet, so do I put the 3rd sig in the will for all my dependents to have if it comes to that? 3) Use passphrases in addition to a single-sig (rather than multi-sig). The single sig is backed up on metal in my safe, the passphrases are put in the will (in a way that is not obvious they relate to bitcoin along with instructions about other passwords), but the instructions in the safe will point my dependents to the will, each with their own passphrase that can be used in addition to single-sig to access their own BTC wallet. The single-sig on it’s own leads to a wallet with minimal funds and it’s not obvious that there are any passphrases that go with it to additional wallets (sort of a dummy wallet if the safe is compromised). **Downside:** making sure you’ve documented correctly and update any changes (but changing passwords in your will seems easier than updating multi-sig imo) - someone could do this concept of passphrases from the same single-sig and do multiple multi-sig accounts for each of their dependents Considering these options I don’t know that move app features or different UX will change the learning curve much. But people are so used to relying on financial advisors that maybe more of the teaching will come from those who help write wills and advise on retirement planning (if people really do “get off the wheel” of chasing stock markets investments and managed portfolios in favor of sound savings in bitcoin then all those jobs of money managers are going to have to adapt to other needed services or be out of work!)
Trezor is good, secure, open-source and convenient. But it is NOT a cold wallet, it is intended to be used with a computer/phone connected to internet, furthermore, it will download firmware from internet. Taking into consideration that you kept bitcoin on CEX for 4 years, I don't think you really need cold wallet, so Trezor will be good choice for you. But if you sure that you need a cold wallet, you may take a look on airgapped wallet like coldcard, or read about gold standard for cold wallets - the Glacier Protocol.
That's true. But ETH has NOT outclassed BTC this cycle. BTC fucking shit all over ETH this cycle and none can deny it.
Crypto Tax Crash Course (USA) — Easy & Clear Here’s the quick version of how crypto taxes actually work in the U.S.: 1. Selling or swapping = taxable. Anything that counts as disposing of crypto triggers taxes. Even swapping BTC → ETH is treated like selling BTC. These all go on Form 8949 as gains/losses. 2. Income-style crypto gets taxed the moment you receive it. If you’re earning tokens through things like: • Staking • Mining • Airdrops • Referral bonuses • Play-to-earn • Yield farming / liquidity rewards The IRS taxes them at their fair value the second they hit your wallet. Then when you eventually sell them? That’s a second taxable event. 3. Moving crypto between your own wallets is NOT taxable. Just make sure you mark it as a self-transfer so your tax software doesn’t treat it as a sale. 4. NFT taxes are basically the same as crypto. • Buying an NFT with ETH/SOL = taxable, because you’re “spending” crypto. • Buying with USD/stablecoins = not taxable. • Selling an NFT = capital gain/loss. • Minting is usually not taxable unless you immediately receive something with clear value. • Royalties = ordinary income. 5. DeFi taxes can get messy. Here's the simple version: • Swaps on DEXes = trades → taxable. • Providing liquidity (when you get an LP token) = considered a trade → taxable. • Removing liquidity = also a trade → taxable. • Rewards from pools/staking/nodes = income at FMV the day you get them. • Bridging is usually non-taxable unless the bridge gives you a new wrapped token. 6. Cost basis is everything. Your cost basis is what you originally paid for each asset. If you lose track of it, the IRS may treat your basis as $0 — which means they think all of it is profit. That can lead to a huge tax bill. 7. Please use a tax tool. A proper crypto tax tool will: • Auto-sync exchanges + wallets • Track cost basis correctly • Identify self-transfers • Handle DeFi + NFTs • Generate Form 8949 and full reports It saves you hours of cleanup — even if you only trade occasionally. Crypto is fun when you’re trading. It’s only stressful when tax time comes and nothing is tracked. Tax season isn’t the enemy. Bad records are. Hope this helps someone. Happy filing.
Here's some data on why I believe this is possible and support this based upon the past week. *** Current News (1 to 7 days) *** - 3.2 trillion market cryptocurrency cap exceeded - $90,000 k Bitcoin - Gold (perspective) - $3,000 k ETH - Silver (perspective) China/USA trade tariff deal Russia/Ukraine war peace deal Artificial Intelligence AI: - Nvidia down $195 -> $170 20th-25th November - Remember Deep Seek fears from China competitor - Nvidia challenged by Google Gemini buyers from Meta data centers - Big 7 AI are opening up more companies and this will not continue to be the only 7 in this stock market Federal rate cut: December 10th: - November rate cut no effect on cryptocurrency - USA bonds backing BTC - Cheat Sheet in 11/26 (Greater > 6.5 trillion is the number) - Jobs - Cartels were liquidated last week and during the month of November - Drop 30% - China #3 worldwide miners of cryptocurrency - China eyeing opening the ban since 2021 - Russia open for cryptocurrency - Russia sold bags to pay bills - can't pay soldiers Public moves: - Andrew Tate liquidated 700k+ - Baron Trump longs opened 50m+ - Garrett Jin longs opened 200m+ Imagine the people NOT showing their cards in poker? How many of these people are you or connected to your investments? - Michael Saylor holding even at a close 74k topple and explains the 12 year cycle not 4 year - Tommy Lee holding ETH on the dump - Robert Kiyosaki is not a crypto investor - A real estate mogul yes, not crypto, he sold - JPMorgan Chase - Bitcoin bond What have you seen in the past 1 to 7 days. Ask yourself? Ask your team? Time to invest or sellout? Watch those %'s and gains or loses. It's showing a lot of data.
Here's some new and data recently to help back your calls. *** Current News (1 to 7 days) *** - 3.2 trillion market cryptocurrency cap exceeded - $90,000 k Bitcoin - Gold (perspective) - $3,000 k ETH - Silver (perspective) China/USA trade tariff deal Russia/Ukraine war peace deal Artificial Intelligence AI: - Nvidia down $195 -> $170 20th-25th November - Remember Deep Seek fears from China competitor - Nvidia challenged by Google Gemini buyers from Meta data centers - Big 7 AI are opening up more companies and this will not continue to be the only 7 in this stock market Federal rate cut: December 10th: - November rate cut no effect on cryptocurrency - USA bonds backing BTC - Cheat Sheet in 11/26 (Greater > 6.5 trillion is the number) - Jobs - Cartels were liquidated last week and during the month of November - Drop 30% - China #3 worldwide miners of cryptocurrency - China eyeing opening the ban since 2021 - Russia open for cryptocurrency - Russia sold bags to pay bills - can't pay soldiers Public moves: - Andrew Tate liquidated 700k+ - Baron Trump longs opened 50m+ - Garrett Jin longs opened 200m+ Imagine the people NOT showing their cards in poker? How many of these people are you or connected to your investments? - Michael Saylor holding even at a close 74k topple and explains the 12 year cycle not 4 year - Tommy Lee holding ETH on the dump - Robert Kiyosaki is not a crypto investor - A real estate mogul yes, not crypto, he sold - JPMorgan Chase - Bitcoin bond What have you seen in the past 1 to 7 days. Ask yourself? Ask your team? Time to invest or sellout? Watch those %'s and gains or loses. It's showing a lot of data.
Sorry guys .... I dont want it to NOT Raise back up .. But i would love it to crash while im not holding much lol
Surprising that so many validators voted for the higher block gas limit so short before the upgrade... NOT. It is one week to Fusaka, all validators are required to upgrade to the latest version of their clients and one of the Fusaka features is that clients set 60M gas limit by default... (so it's a little less democratic than the above article suggests...)
>I just don’t want to miss the boat. Then stop timing the market, mate. Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). 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 by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **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. 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 too and compares buying bitcoin VS stocks. Now, don't buy some 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. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **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. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. 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.
Pauseable is NOT enabled by default. It's up to dev's discretion on whether to implement it for their token's use case. > virtually all tokens can be frozen with the click of a button Definitely not. I don't think even quarter of all ERC20 tokens have this feature.
Been a good week. Here's some current data trending *** Current News (1 to 7 days) *** - 3.2 trillion market cryptocurrency cap exceeded - $90,000 k Bitcoin - Gold (perspective) - $3,000 k ETH - Silver (perspective) China/USA trade tariff deal Russia/Ukraine war peace deal Artificial Intelligence AI: - Nvidia down $195 -> $170 20th-25th November - Remember Deep Seek fears from China competitor - Nvidia challenged by Google Gemini buyers from Meta data centers - Big 7 AI are opening up more companies and this will not continue to be the only 7 in this stock market Federal rate cut: December 10th: - November rate cut no effect on cryptocurrency - USA bonds backing BTC - Cheat Sheet in 11/26 (Greater > 6.5 trillion is the number) - Jobs - Cartels were liquidated last week and during the month of November - Drop 30% - China #3 worldwide miners of cryptocurrency - China eyeing opening the ban since 2021 - Russia open for cryptocurrency - Russia sold bags to pay bills - can't pay soldiers Public moves: - Andrew Tate liquidated 700k+ - Baron Trump longs opened 50m+ - Garrett Jin longs opened 200m+ Imagine the people NOT showing their cards in poker? How many of these people are you or connected to your investments? - Michael Saylor holding even at a close 74k topple and explains the 12 year cycle not 4 year - Tommy Lee holding ETH on the dump - Robert Kiyosaki is not a crypto investor - A real estate mogul yes, not crypto, he sold - JPMorgan Chase - Bitcoin bond What have you seen in the past 1 to 7 days. Ask yourself? Ask your team? Time to invest or sellout? Watch those %'s and gains or loses. It's showing a lot of data.
>there are reasons why it can be manipulated and people lose their money. Absolutely NOT. BCH is as safe as Bitcoin BTC. They have the same track record. If anything BTC is less safe since you can actually double spend it with RBF and people have lost coins using the Lightning Network. But you hear a LOT of misinformation about Bitcoin Cash and maxis really like to slander it.
Support is in this week. Check out some interesting changes. *** Current News (1 to 7 days) *** - 3.2 trillion market cryptocurrency cap exceeded - $90,000 k Bitcoin - Gold (perspective) - $3,000 k ETH - Silver (perspective) China/USA trade tariff deal Russia/Ukraine war peace deal Artificial Intelligence AI: - Nvidia down $195 -> $170 20th-25th November - Remember Deep Seek fears from China competitor - Nvidia challenged by Google Gemini buyers from Meta data centers - Big 7 AI are opening up more companies and this will not continue to be the only 7 in this stock market Federal rate cut: December 10th: - November rate cut no effect on cryptocurrency - USA bonds backing BTC - Cheat Sheet in 11/26 (Greater > 6.5 trillion is the number) - Jobs - Cartels were liquidated last week and during the month of November - Drop 30% - China #3 worldwide miners of cryptocurrency - China eyeing opening the ban since 2021 - Russia open for cryptocurrency - Russia sold bags to pay bills - can't pay soldiers Public moves: - Andrew Tate liquidated 700k+ - Baron Trump longs opened 50m+ - Garrett Jin longs opened 200m+ Imagine the people NOT showing their cards in poker? How many of these people are you or connected to your investments? - Michael Saylor holding even at a close 74k topple and explains the 12 year cycle not 4 year - Tommy Lee holding ETH on the dump - Robert Kiyosaki is not a crypto investor - A real estate mogul yes, not crypto, he sold - JPMorgan Chase - Bitcoin bond What have you seen in the past 1 to 7 days. Ask yourself? Ask your team? Time to invest or sellout? Watch those %'s and gains or loses. It's showing a lot of data.
Count it as the price to learn a valuable lesson. Still once cycle to NOT make the same mistakes, etc.
DO NOT reply to wallet recovery tech
BTC Down? “I’m NOT FKING LEAVING!”
I STILL KNOW NOT IF I HAVE AN ACCOUNT, I INVESTED TOO MUCH MONEY AND THE AGENT KEEP CHANGING TODAY I got a letter that I was getting all this money and again I can not even find the letter. I WOULD LOOSE 26,000,Y WHOLE SAVINGS
That’s fair but… I mean… up to July of this year, they were correct every single time, it was on a dip and proceeded back to the all time high and higher. Even currently, there are 14 professional wallstreet analysts covering it and their average price target is $524, which is 193% higher than today’s price Disclaimer: I AM NOT A MSTR GUY lol, no dog in the fight, couldn’t care less where it goes next. Just looking at the math and what the professional 5-star analysts at TD Cowan, Bernstein, mizuho, citi, cantor Fitzgerald, cannacord, KBW, etc are saying
**DO NOT trust this person!!** u/Thecasasciusdealer account was made just after u/showstopper1111 was called out for attempting to scam others, pushing 3 - 1 BTC Casascius coins that he had no possession of. OP advertised price as a 1 BTC, doesn’t even know pic was for a 5 BTC Casascius coin. Picture clearly has digital inserted text in it, he is recycling pictures of coins to pass off as if he has them. NEVER SEND BTC PRIOR TO ITEM IN HAND!!! Especially from some random new account. Always ask questions, post on r/CryptoCollectibles or ask on Bitcoin talk. Crypto deals with enough scams, last thing we need is anyone falling for a poor attempt like this.
Not one word of this is correct. The xrp ledger DOES NOT work in a proof of stake protocol. It works on FEDERATED BYZANTINE AGREEMENT. THERE ARE NO FEES. THERE ARE NO REWARDS THAT GO TO OWNERS OR STAKERS. Ripple is a company. Xrp is a product. It is LITERALLY their job to sell xrp. Ethereum alliance sells eth. Cardano sells Ada. Avalanche sells Avax. Sui sells Sui. Why is doing it in the most safe, transparent, predictable, audited way somehow a bad thing to you?
I find it odd no one has directly said it's 0.1 of Bitcoin that is commonly said one should get to that could change your life in the future NOT 0.01 of BTC. LOL
There is enough, but what I asked myself: How is it the other way around? Is there any reasoning why Bitcoin should NOT go up until infinity?
Thanks for sharing all the details. Here’s an honest technical assessment of your case: 1. You remember part of the password (“ngozika@2016”) This is helpful because it allows us to use focused password-recovery techniques instead of testing millions of completely random combinations. 2. The backup file (wallet.aes.json) is essential For old Blockchain.com wallets, this file is required. Without it, no tool can attempt password recovery — not even Blockchain.com themselves. So the first step is to search all your old devices, emails, or cloud backups for that file. 3. If you find the wallet file AND the password is close to what you remember Then the case becomes possible, with a medium difficulty level. Tools like BTCRecover can test variations of the password efficiently, especially when part of the password is known. 4. If you do NOT have the wallet file Unfortunately, recovery is impossible. Blockchain.com cannot reset or decrypt legacy wallets. Summary: ➡️ With the wallet file + your partial password, the case is viable. ➡️ Without the wallet.aes.json file, recovery cannot be done. If you’d like, I can guide you through how to search for the backup file and verify whether the wallet ID you have is correct.
the downside is that the tokenized stocks are NOT protect. so if something happened to their tokenized stocks, their customers are screwed. Also you have no voting power even if your tokenized stocks share is 100% of the circulation.
Listen carefully young lady: The pull-out method is NOT RELIABLE. Personally, I'm just going to wait and see what this grows into, but everyone is free to make their own choices. Don't let someone else tell you what to do. With your Bitcoin, of course.
What do you mean? Btc down 35% in the last several weeks. This time is NOT that different. 2 weekly candles down 25%. Not exactly sure which old patterns you're referring to.
There was never a future for crypto, broadly. All you crypto bros really are quite mistaken, just like the no-coiners claim. Cryptocurrency is **NOT** limited in supply, in fact it is *less* limited than the abominable fiat currencies! Y’all have failed to truly grok the most important lesson— “ABSOLUTE MATHEMATICAL SCARCITY ACHIEVED BY CONSENSUS IN A SUFFICIENTLY DECENTRALIZED DISTRIBUTED NETWORK WAS A DISCOVERY RATHER THAN AN INVENTION. IT CANNOT BE ACHIEVED AGAIN BY A NETWORK MADE UP OF PARTICIPANTS AWARE OF THIS DISCOVERY SINCE THE VERY THING DISCOVERED WAS RESISTANCE TO REPLICABILITY ITSELF” Within the broad category of “crypto” there is only Bitcoin; everything else is a shadowy smoke that vanishes as you grasp in the dark. But it’s only dark because you keep your eyes closed to the truth that should be most obvious. BITCOIN! Ya f*ckin idiots.
Post is by: KnowAfterMe and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1p6sckh/i_took_a_risk_on_a_dark_web_forum_now_im_a/ 12 months ago, I found a private insider trading forum on the dark net selling insider info. Honestly, I was 99% sure it was a scam or a honey pot. I was extremely skeptical. I decided to risk a small amount of Crypto just to see if the "intel" was real. It was. I used these info to trade stocks&crypto and reinvested the profits back into Crypto. Fast forward one year, my net worth is over $1,000,000. I’m still active, still buying info, and still trading. Before you ask, let me be clear: I am NOT selling anything (no courses, no signals). This account is not linked to my identity. I’m just here to talk about how I went from a skeptic to a millionaire in a year, and the stress that comes with it. Ask me anything. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
Dude, every subreddit is pretty much filled with maxies of that subreddit title. You CAN NOT talk to them about anything else but the good thing. You have to warship the title of that community or you will get trashed. This are not the places for discussions 😂😂😂 Understandably you have tired of crypto. But it is quiet possibly you will get really burned with stock market.
I think you need to re-read what I wrote because that’s exactly my point. The participants are numerous and not linear- so it’s not just a question of money in/out between two participants. Any singular metric of ‘money out’ based solely on sold Bitcoin is a poor one. And understanding how miners function in 2025 would broaden your understanding. The continued renewal of infrastructure and hardware every 2-3 years puts an enormous debt load onto most mining companies- there are very few without existing debt especially amongst the publicly traded ones. And beyond this, even when dynamically adjusted to market demand (again not linear- the consumer is a wide array of parties) some of these companies are not generating a profit- and most have switched over to partial allocation of their infrastructure generate revenue via enterprise contracts for AI/data-center use- so the revenue generation isn’t singular in nature as it was 5-6 years ago. Having been pretty involved in this industry for a long time I can safely say that participants who simply buy and hold Bitcoin are more likely to generate greater profits over time than miners themselves- the premium created through mining can be negligible at times, but like most tech companies this is not the sole form of revenue or raising- and the end-game is not simply a positive balance sheet, it’s a scaling of capacity over time. So the casino analogy is even more flawed- because if you are denoting the miner as the house (which again is a superficial understanding) and a Bitcoin buyer as the user then the house certainly DOES NOT always win. And it doesn’t have to for its business model to make sense, because Bitcoin sure as shit ain’t a zero sum game. It’s a far more complex economic ecosystem than that where imperatives are often not the simple opposite of one another.
This is the only thing that Trump&Co CAN NOT control 
Post is by: CryptoMeel and the url/text [ ](https://goo.gl/GP6ppk)is: http://crypto.fowlcat.com Where I come from, you learn how to read people, read the room, spot a setup. That’s street smart. I thought that was enough. Then I jumped into crypto thinking it was the same energy—just move fast, trust my gut, “I know how to hustle, I’ll be fine.” The market does NOT care about your gut. It cares about rules, risk, timing, and information. I watched people I respect quietly stacking, not bragging. Friends talking about using crypto like a tool, not a lottery ticket. That messed with me. Meanwhile I’m over here with no real strategy, just vibes. And the charts humbled me. You can be street smart as hell and still get washed by the markets. Being good with hustle money doesn’t automatically mean you understand crypto or investing. I had to learn that: • Street smarts keep you safe in one environment. • Market smarts help you grow in another. • You actually need both. Once I stopped trying to “hustle the charts like it was the block” and started focusing on simple rules and education, things clicked. I kept my survival instinct, but I added strategy, patience, and structure. That’s why I put together a simple Crypto Quickstart Checklist for people like us who weren’t born into Wall Street, but don’t want to stay in the dark either. It’s not signals. It’s not “buy this one coin now bro.” It’s just: • Basic setup (wallet, exchange, order of operations) • Security fundamentals • A framework for starting small and learning without blowing yourself up If you’re trying to move from just hustle → hustle + strategy, you can grab it here: 👉 crypto.fowlcat.com I’m open to feedback on it too. If you go through it and think, “Yo, you should add X for beginners,” let me know. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
####**Not to mention that none of OP's points are actually in the Fusaka upgrade.** The tweet is bullshit. * Fukasa doesn't decrease latency or block time. * Transaction throughput is only increasing 33% from 45M to 60M gas. Definitely NOT 3x-5x faster. * NFT minting costs will not decrease 60-70% **Here's what Fusaka actually does**: https://ethereum.org/da/roadmap/fusaka/
There seems to be a lot of misunderstanding going around as to what intrinsic value means. Food, water, fuel, shelter wood, steel, copper, wool, etc have intrinsic value because they have functional utility, meaning the value is decided in the market based on its actual use cases/ physical properties. Property and equity in cashflow generating businesses have intrinsic value as they produce income and you can do a discounted cash flow analysis to determine a roughly fair price for them. Bitcoin has value because people say it has value. This is not intrinsic value, this is market value, acknowledged value, face value, whatever you want to call it but it is NOT intrinsic value by definition. This doesn’t mean it doesn’t have genuine value and it doesn’t mean it’s not a good investment. And yes, fiat and gold also don’t have intrinsic value, or at least not one that comes anywhere close to their agreed upon/ market value. That doesn’t change bitcoin’s intrinsic value status, it just means it has company. The finance bros that look down upon bitcoin and dismiss it because it has no intrinsic value, and the orange pillers that go “oh, you just don’t get it yet, huh?” Both sound equally ridiculous
Sorry lil bro. You literally bought some Ponzi schemes and they will NOT pump again like in 2017 and 2021. People woke up to the altcoin grift
Come on now, this is ridiculous, you absolutely can NOT get away with anything here. For example I definitely can NOT get away with attacking would be crypto thieves to prevent them from entering my house if it ever came to that.
u/Showstopper1111 has been attempting to scam and has been banned from r/CryptoCollectibles They are just altering old picture of Casascius coins. DO NOT TRUST.
You asking questions like this is reason enough to NOT proceed with this on your own… But you’re going to do whatever you want anyway, so head over to kraken dot com, create your new account, and hopefully you don’t get phished or hacked or kidnapped any time soon!
Ummmm not to be that guy decentralized doesnt mean “free from macro economics” lol… it means you can do whatever you want with your bitcoin without anyone’s authorization. You can send 10 bitcoins across the ocean on a sunday. Transferring 1million through banks aint easy etc etc. bitcoin is anti fractional reserve/banking NOT anti capitalism.
>At what point would you buy bitcoin at? At any. >I am new to the market but I think it’s gonna keep going down. Welcome aboard. We all have been where you're at right now. Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). 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 by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **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. 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 too and compares buying bitcoin VS stocks. Now, don't buy some 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. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **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. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. 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.
Whether or not they "eventually" would have been ok or not is irrelevant because it's purely guess work. The simple fact is JPM was NOT one of the firms that actually failed and sparked the crisis and needed to be bailed out. AIG, Fanny/Freddie, Bear Stearns were the main culprits, plus Lehman but they were allowed to go bankrupt. The Bear Stearns "bail out" came in the form of JPM being financed/subsidized by the Fed to absorb them, including all of their toxic assets. This prevented the gazillion innocent people who had their life savings/pensions in BS from losing everything.
terrible idea. If you analyze this pattern in BTC you will find there are many instances where even this kind of deep pull back is NOT the local low. So the chance of us going to \~70k from here without even touching $90k is not an unlikely option. What you SHOULD do is buy SOME now, but save MOST of your capital incase it does go to 70k and then buy MORE. Sell the bounce. That's a VERY high probability set up. But going ALL IN and INTO DEBT now is terrible and is not really high probability. It's literally gambling.
Gold is NOT valuable because it's scarce and hard to produce. Supply and Demand determines price --- key word supply AND DEMAND. My feces are limited edition. VERY finite supply. But nobody WANTS them. Gold is valuable not just because it's scarce -- but because it's SHINY -- human monkeys LOVE IT. Bitcoin has zero uses. It's only value (if we're being honest) is that it's a speculative "lotto ticket" with high variance -- a sort of "psychological casino" and that is enough "hope" for deluded nitwits. Same can be said of any shit-coin really. Now, you will disagree, but I've read 100 tomes on Bitcoin. My answer is final. Outside very, very, very niche use cases (like avoiding state-level sanctions, ala Russia) -- it is almost totally useless for the Average Joe. It may take 10 years yet to collapse, but it's GUARANTEED Bitcoin will one day collapse. And like, definitely within 20 years, probably much sooner.
Wait till January until it decreases, take bigger loan. Check McDonalds part time roles. NOT A FINANCIAL ADVICE
The fact that the doctor looks just like Dr Harold Shipman is NOT reassuring
Also to update you all.. during this 1.5 months, I have invested (DCA+spot trade) 45k USD, still have 12k USDC to ride through the fear market. CMC now is 10, meaning extreme fear and I see the price already bottoms at 80K and today it bounced back to 87K. We are still in cycle 4, past 1 month is NOT bear market, but a mid term trap. I think ATH will be around Q1 2026 at 150-180K follow by 1 year bear market till EOY 2026 This is definitely not financial advise, the reason I could invest so heavily is because I want BTC to take up a certain percentage of my portfolio. Even now am not there yet. So portfolio rebalancing is more prudent than go all in
The extra money should be put into savings if possible, savings MUST NOT be put at risk either for 1 day or for 1 century. If you want to get rich by playing with money, know that you will almost certainly find yourself poorer than before like 99.99999999999999% of players. PS. I didn't put enough 9s after the decimal point because I broke down!
Welcome aboard. We all have been where you're at right now. Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). 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 by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **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. 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 too and compares buying bitcoin VS stocks. Now, don't buy some 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. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **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. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. 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.
**Why did you spam so many devs?** Just to attempt to win online spat? The links I shared are legit websites and sources with many early Bitcoin devs. First off, I never mentioned that it was a hard fork. I categorized it as a **reorg** (or chain split in my other comments). You're the one who moved the goal posts and brought up the subject of "hard fork". Whether or not it's a "hard fork" is unimportant, irrelevant, and off-topic. Hard/soft forks are a stupid Bitcoin Maxi pride thing for people who don't understand hard forks and are deathly afraid of them for some reason. They were high-depths reorgs. Deep reorgs are bad, especially if they could cause double-spends or invalidate people's transactions. In the 2013 case, there was a double-spend. **Hard Forks aren't bad.** They're actually quite important in software development so that you don't have to maintain backwards compatibility and technical debt forever in future versions. Imagine if Windows 11 had to support everything in Windows 3.11? That would be terrible. It's so much cleaner to drop the technical debt. At some point Bitcoin will need to hard fork to drop support for P2PK addresses for quantum resistance. ####**As for the devs you spammed ...** **Jameson Lopp (statoshi)** covered Bitcoin Hard Forks before as complex subject: https://blog.lopp.net/has-bitcoin-ever-hard-forked/ He considers the 2013 fork to be a "temporary hard fork". He also says there could've been up to 5 more instances of hard forks had theoretical transactions taken places to trigger them. But they never got triggered. **Greg Maxwell (nullc)** [also admits that it was a hard fork](https://np.reddit.com/r/btc/comments/5rc7an/despite_what_core_supporters_may_claim_bitcoin/), referring to a thread where **Peter Todd (petertodd)** and **Gavin Andresen** said that it was a hard fork (where the double-spend was also mentioned): https://archive.is/YbbGO Honestly, it's a gray area, and it's totally NOT important compared to the fact that many blocks were reorged after chain split.
Tao: what are u talking about ? all fine here ; ) as usual, markets dump and everybody starts bitching (in any coin) about prices only because people do NOT understand the tech behind it. same with all altcoins (or even BTC), do your own homework, understand what u are investing in and WHY ! don’t listen to Social Media “influencers” (they are all just pumping their own bags)
1. Most of the people telling you 'it's different this time, it's going to (increasingly low number)' or It's different this time, we're going to (astronomical number)' are all scammers and click bait artists. 2. This OP is no different. 3. Always invest in a way that will let you sleep at night. My best rule of thumb is when BTC is pumping and all the youtuber line-on-chart drawers are saying we're going to a (stupidly high number), I take a bit of profit and leave it in cash. When the worm turns and BTC drops and those same idiots are screaming that it's going to (absurd low prices) I buy back in. Watch the fear and greed index. This is a SLOW play. Sells and purchases are over months and years, not days or weeks. I do NOT try to time the top or bottom (I have done, it's a stupid play). This DOES seriously limit my upside (and downside). On the other hand, I just need enough to live comfortably through my later years, not be a burden to my kids, and leave them a nice chunk.
It is NOT about control. It is about sustained consensus. You can not validate today's Bitcoin Cash chain with a 2010 Bitcoin client. You can not validate today's Ethereum chain with a 2017 Ethereum client. Nut, you can validate today's Bitcoin chain with a 2010 Bitcoin client. Realize the difference.
Bitcoin Cash is NOT Bitcoin. Bitcoin has been forked to create Bitcoin Cash, Bitcoin Gold, Bitcoin Diamond and many others. Those are NOT Bitcoin. The Bitcoin, we have today, is NOT a forked coin. Please understand the basic concepts first. Tagging u/adam3us u/nullc u/pwuille u/petertodd u/statoshi u/luke-jr to see the circus here.
Welcome aboard. We all have been where you're at right now. Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). 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 by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **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. 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 too and compares buying bitcoin VS stocks. Now, don't buy some 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. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **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. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. 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.
Note that the dollar collapsing is NOT an "if". It's a "how quickly".
I'd take GBTC, IBIT... NOT really feeling anyone else ETF wise.
Don’t speculate if you need the money for the short or medium Term DO NOT BUY . If you happy to sleep on it few years then buy .
> What is your point? What are you countering exactly? Read the very link that you provided. Miners talking to each other publicly declared a Hard Fork for SegWit that never happened. This proves the point that any stake holder of Bitcoin Network can not change the consensus by talking to each other. That's the elementary property of a hard asset, which is absent in most of today's blockchains. > Bitcoin has seen hard forks No! Bitcoin is NOT Ethehreum. Hard Fork happened at Bitcoin Network only once in 2009-10 period when the consensus of 21M total supply was invalidated by an update. It was rolled back within hours. Most nodes did not even upgrade to it. Except for this Bitcoin never had a Hard Fork and you can validate today's chain with the Bitcoin client of 2010. You won't be able to validate today's Ethereum chain with an Ethereum client of 2017. There is a reason Bitcoin is different than all other Shitcoins. Your ignorance and a few fake articles on the web won't be able to change the history. *p.s. Never Trust. Verify. Peace out u/Mission_Biscotti3962 :)*
We just need to know what it’s not, not fiat, NOT GOLD, not a class asset. End of story.
„The only way to contact them is via telegram.“ Welcome to the World of scammers I really feel sorry for you but I guess you just funded Russia‘s war against the Western World or at least funded Kim Un‘s atomic missile program DO NOT SEND ANY MORE MONEY - your‘s is gone
Depends on if you are selling at a loss or not. DO NOT sell at a loss if you can avoid it.
You can send **Tokenized US Treasury Bonds** from Mainframe of Bank A to Mainframe of Bank B.... etc. **Tokenized Securities** with a specific **ISIN** (International Securities Identification Number)- NOT CRYPTO.
[https://www.iso20022.org/faq](https://www.iso20022.org/faq) Scroll down to: **Are there any cryptocurrencies that are compliant with ISO 20022?** Cryptocurrencies are not inherently ISO 20022 compliant. There is a lot of confusion and misleading information on the web referring to ISO 20022 compliant cryptocurrencies but those statements are not correct **Can a blockchain company be ISO 20022 compliant?** (...) But at the protocol level, blockchains themselves are not inherently ISO 20022 compliant Official ISO Standards Organization FAQ..... NOT COMPLIANT WITH CRYPTO, NOT MADE FOR CRYPTO, JUST AN UPDATE FROM THE OLD PROTOCOL FOR MESSAGES (ISO 15022) This is the official Registration Authority for ISO 20022: ISO 20022 - Registration Authority **SWIFT SC** Avenue Adèle 1 B-1310 La Hulpe Belgium **YES SWIFT**, Swift literally helped to create ISO 15022 and ISO 20022... banks must literally show SWIFT that they implemented the ISO 15022 to ISO 20022 update the right way and get their green light from SWIFT What is with XRP and the whole ISO spam bots?! Crypto isnt even running on ISO 15022 messaging protocol.. For people with knowledge the whole ISO spam is borderline insane, what a win?! Some insane people even posted that ISO 20022 could lead to a win XRP vs. SWIFT.... when SWIFT is the Registration Authority and co-creator of that messaging protocol standard... really?! Whoever created that crypto/ISO myth is the biggest pump-troll ever.
Thx, I clicked your link and clicked on DO NOT recommend channel. You saved me from seeing this again in the future.