SATS

biba8163

> The great mystery of crypto for me is ETH You may want to educate yourself and learn how crypto works. I tried educating people in the ETH subs who fell for the "ETH has fundamentals" narrative and it seems people like you are still falling for it. > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. **(Sept. 2024)** > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. > | | Initial | High | Current | > |:-----------|------------:|:------------:|------------:| > | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC > | XRP | 5,594 SATS| 22,500 SATS | 940 SATS > | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC > | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/ > It's always BTC parabolic gains seeking profits and attracting attention and capital to the crypto space is the cause of appreciation. ETH is a Network Utility Token. That is all ETH is. It's competing with a many competing network utility tokens and many networks and L2s. These networks are increasingly going to be rails for stablecoins and such (97% of RWA are just stablecoins) and in order for the network to remain competitive they need to remain cheap. ETH is utility of being a rail for tokenized assets doesn't give it a $500 Billion marketcap -- ETHs value is derived from the money and investors that the pet rock brings. **(November 2024)** https://np.reddit.com/r/ethfinance/comments/1gq6ahm/daily_general_discussion_november_13_2024/lwyql0m/ > *Bitcoin, because to me it seems like it's nothing more than a pet rock* > **That pet rock is what gives ETH and Alts value.** ETH doesn't attract money and appreciate on its own like all Alts; ETH ONLY appreciate and attract capital after money flows into BTC and flows out seeking more profit. **(Nov. 2024)** > - Summer 2017, ETH hits ATH of $400 after BTC hits local top of $3,000 > - January 2018, ETH hits ATH of $1,400 after BTC hits cycle top of $20K > - May 2021, ETH hits ATH after BTC tops out in April 2021 > - Nov 2021. ETH hits ATH in December after BTC tops out in November 2021 https://np.reddit.com/r/ethfinance/comments/1gq6ahm/daily_general_discussion_november_13_2024/lwyql0m/

biba8163

> ETH/BTC was lower last year You are right but if still don't grasp that ETH will go much lower long term, you still don't understand crypto. I've was trying to explain it noobs in the ETH subs how crypto works in 2024. They didn't get it and it seems people still don't get it. > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. **(Sept. 2024)** > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. > | | Initial | High | Current | > |:-----------|------------:|:------------:|------------:| > | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC > | XRP | 5,594 SATS| 22,500 SATS | 940 SATS > | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC > | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/ > It's always BTC parabolic gains seeking profits and attracting attention and capital to the crypto space is the cause of appreciation. ETH is a Network Utility Token. That is all ETH is. It's competing with a many competing network utility tokens and many networks and L2s. These networks are increasingly going to be rails for stablecoins and such (97% of RWA are just stablecoins) and in order for the network to remain competitive they need to remain cheap. ETH is utility of being a rail for tokenized assets doesn't give it a $500 Billion marketcap -- ETHs value is derived from the money and investors that the pet rock brings. **(November 2024)** https://np.reddit.com/r/ethfinance/comments/1gq6ahm/daily_general_discussion_november_13_2024/lwyql0m/ > *Bitcoin, because to me it seems like it's nothing more than a pet rock* > **That pet rock is what gives ETH and Alts value.** ETH doesn't attract money and appreciate on its own like all Alts; ETH ONLY appreciate and attract capital after money flows into BTC and flows out seeking more profit. **(Nov. 2024)** > - Summer 2017, ETH hits ATH of $400 after BTC hits local top of $3,000 > - January 2018, ETH hits ATH of $1,400 after BTC hits cycle top of $20K > - May 2021, ETH hits ATH after BTC tops out in April 2021 > - Nov 2021. ETH hits ATH in December after BTC tops out in November 2021 https://np.reddit.com/r/ethfinance/comments/1gq6ahm/daily_general_discussion_november_13_2024/lwyql0m/

The_Nothing00

Bro everyone can time the market. It peaks every fall on the fourth year of the cycle and nose dives the following year. This has happened every single time. No exceptions. 2021 is 2025. 2022 is 2026. The writing is on the wall the whole time. People just get trapped in the bullish eco chamber with idiots giving out bogus predictions like "WE MOONIN' 250k EOY 2024" tier horseshit when every subsequent cycle has contracted, reaching lower and lower peaks. We didn't even 2x the previous ATH last cycle. We'll be lucky to get a 1.75x the next time people are screaming 'we moonin 500k EOY guaranteed! STACK SATS!" in 2029.

sha256btc21ml

We are going through flywheel effect of stock market effects , however BTC is programmed money engineered to go up in value forever over the time , we have started at $1, then $10, then $100, then $1000, then $10000 then $100,000 , all this happened within short time due to scarcity and adoption . have you noticed BTC come back very aggressive after every turbulence, so keep staking SATS , HODL strong , future is for Bitcoiners, ignore the noice .

badgerseed

Yes they are exactly the same, but it definitely makes me feel richer! I prefer to talk in lingo of 20000 SATS rather than 0.0002 BTC my head doesn't compute decimal points well 😂

badgerseed

Everytime I buy SATS it drops. Is that influence?

Pale_Drink4455

So if I took 25k USD for example and bought SATS at 120k for example, I wouldn’t be liquidated entirely? What would my balance be?

ArthurBachEsq

Let them  How else will we stack SATS?

biba8163

> Nice copy / paste I copy and paste my lessons to noobs like you hoping you get a clue because you still don't have a clue how crypto markets work > **If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01** and goes lower and lower. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. > | | Initial | High | Current | > |:-----------|------------:|:------------:|------------:| > | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC > | XRP | 5,594 SATS| 22,500 SATS | 940 SATS > | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC > | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/ > Ive been holding since 2016 - And you still think crypto has fundamentals? lol - And you don't realize ETH is 1/5 of its BTC value from the summer of the flippening - And I bet you cannot show me a single post from 2016 - And I bet you cannot sign anything from an address showing that you held since 2016 Purely fiction.

No_Paper612

Buy some SATS yourself instead of trying to take other people's

biba8163

I've been warning noobs like you about falling for bullshit mETH Head narratives for years and years. You need to first learn about how crypto works. Now back to school noob. > **If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01** and goes lower and lower. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. > | | Initial | High | Current | > |:-----------|------------:|:------------:|------------:| > | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC > | XRP | 5,594 SATS| 22,500 SATS | 940 SATS > | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC > | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/ > **Who the hell is buying ETH for $3,000+? That is insanely expensive. Plus, insiders, developers, VCs got a ton of the supply for essentially free and have oligarchical privilege to print their own ETH for free and dump until perpetuity.** And what does ETH even do? It's only a token in a digital casino and there are plenty of alternatives including subsidiary L2s and other cheaper casinos. https://np.reddit.com/r/CryptoCurrency/comments/1gujmk1/daily_crypto_discussion_november_19_2024_gmt0/lxzks6h/ > **I think one day people will realize how insane a run ETH had in 2020/21 and fools were forever chasing that euphoria.** > One of the things people seem to be missing is how much of a leveraged casino coin ETH was that drove this rise. Before the bullrun started in 2020, ETH was sitting at a relatively small ~$30 Billion marketcap. DAI was also sitting with $250 Million minted. > BTC started running in Q3 and by peak of the run, ETH was used locked as the native asset to mint $6.2 Billion in DAI. That $6.2 Billion is a massive injection of money into $30 Billion marketcap with an undertoe of a parabolic BTC bullrun and bullish sentiment. Compare that to the total of only ~$3 Billion inflow into ETFs today when ETH is ~$300 Billion marketcap and it's easy to see why the marketcap won't budge much. > Leveraging ETH to pump its markecap is not dissimilar to burning LUNA to mint UST which drove LUNA to a $40 Billion marketcap. Everyone calls that a scam mechanism but the same type of mechanism that pumped ETH is considered DeFI. > BTC parabolic moves, leveraged native ETH to mint DAI, DeFi casino narrative, NFTs, staking hype, triple halving memes, ultra-sound monies.......and Covid lockdown and money > It was a perfect storm. https://np.reddit.com/r/CryptoCurrency/comments/1indhrk/daily_crypto_discussion_february_12_2025_gmt0/mcdygp1/?context=3

QuantumMangoByte

Where do you start for stacking SATS ?

Strong-Nobody2257

That’s exactly why the institutions are gobbling it up. That way they maintain power over the people. If they hold all of the scarce asset, what’s left for you? Especially when our government prints the US dollar into hyperinflation, and everyone wants physical assets. Then the switch will be made to bitcoin, because all the rich & institutions hold most of it, and people will work for satoshi’s. So it’s better to buy them now, and hodl it, for the foreseeable future. It will take time, but it is inevitable for bitcoin to take over.  Peer-to-peer is not affected in any way. It will always be peer-to-peer. People just have to know what they are doing with it. No institution or government can stop that. If I want to send you 100 Sats, they go directly to you, as long as you have a digital wallet. That’s why it’s imperative for EVERYONE TO GET YOUR SATS OFF THE EXCHANGES, TAKE CONTROL OF YOUR MONEY, BE YOUR OWN BANK WITH BITCOIN!!!!!

Prestigious-Heat295

BTC still needs a lot more adoption before it can topple gold. All in good time. It's quite phenomenal what btc has gained since Genesis. In the future I suspect we will be only talking about SATS.

AbbreviationsLive475

That’s good to hear. Especially for an inspiring forex trader. Hopefully some relief for the American people. We just have to tighten our belts on needless spending and more for essentials to compensate for inflation and rising prices. And of course stacking SATS!

AbbreviationsLive475

I’m done… Stopped last year Q2. Just my a family member that is starting a family and he took the first couple of steps and check on them maybe twice a year. All others can get it or don’t. Hell I’ve only scraped some SATS myself.

r7re

Blud smoking SATS😂💀

TheRealConchobar

1. You are wrong, and it's already happening. 2. Absolutely agree, BTC is a store of value. I don't foresee it being used as a currency. Also I don't have to convince anyone to use BTC, in order for the value to keep going up. 3. I don't think your ideas are stupid. You're underestimating the potential of the human born in 2026. For better or worse they are about to inherit this mess.. and yes, those babies born today will absolutely know what SATS are. -- I believe future generations will have savings, spending, budgeting- embedded in their daily lives. 2026 babies will make financial decisions in very different ways, for very different reasons. Something like Ubermensch, but not morally speaking.

el_rico_pavo_real

Yawn. You’re incredulity bores me. STACK SATS AND GET LING BITCH!!

Tall-Obligation-1741

MORE SATS ! MORE!!!!

Annual_Caramel_3368

I am honest to god and I am not selling you anything. Just telling you how I started accumulating SATS. 1) start with STRIKE app ( official STRIKE from Jack Mallers) 2) Start with Revolut app 3) send fee dollars (depends how much you can invest, I am doing 9,6€ a day) 4) set you reccuring purchases on STRIKE (I am doing 0,4€ every hour) 5) buy TREZOR 6) once you accumulate just a little bit of BTC, send it to hard wallet! I want BTC to be successfull, so I want people to start accumulating ❤️ GOOD LUCK MY FRIEND

Correct_Maybe4545

You have GOT to be kidding me. Read a few books and keep stacking SATS. This is not a trade, this is getting a better asset than Fiat. I have stomached 6 figure swings. Do you truly understand what you have there? The more you study and truly grasp self sovereignty, and an absolute scarcity limit, you will sleep better in life. On a side note, you will be happy when Bitcoin "crashes" if you dollar cost average. Do yourself a favor and scoop up as much MSTR till you have IBS, and also keep stacking SATS.

Correct_Maybe4545

I have been DCA all the way up and down since 2020, once a week like clockwork. I am never selling. No need to when I am assuming it will be the global standard. I Stack SATS like Andrew Tate stacks super cars and kids... relentless, and yes I am a multi coiner several times over. Just chilling with a peaceful smile on my face. Bitcoin is like dating a woman you can't bring home to your mother. Just relax and enjoy the ride.

ohmygoshbruh

For a lack of a better term and explanation I'll say “FOMO” Besides the obvious excitement of having loose pocket change to contribute towards the blockchain, with time you'll soon realize that it really wouldn't have mattered how much you spent, but rather how much Bitcoin (SATS) you will have accumulated before getting outpriced. *“Finite supply, remember?”* When Bitcoin clocks $1 million, are you really gonna be concerned as to whether you bought in at $95k or $98k 😏?

Kind_Soup_9753

You’re one or the other. One trying to increase dollars for dumb shit or stacking SATS to end the dollar cause you’re sick of corruption and endless wars funded by fiat. Choose.

Kind_Soup_9753

Certainly could if I wanted depreciating assets. Theres off shore banks with international Visa’s. SATS in USD out. That’s the exit ramp but I’ll keep my appreciating asset cause I think long term.

TempleofXin

Wanting/needing 1 Bitcoin is completely arbitrary. BTC will be so high at some point we should all get used to breaking it down into SATS. Do "millionaires" say "I want 1 gold plz"?

ReliantToker

BITCOIN is on sale. I highly doubt you have as much as you want before it hits $1m. GET THOSE SATS!

AutoModerator

Post is by: jampur_alburo and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1pjn0sw/help_propagate_the_orange_seed_calling_for_holders/ I'm convinced that Bitcoin is the hegelian synthesis (thesis capitalism - antithesis communism) for Bitcoin's mass adoption (maximalism) we need to stop accumulating and begin the process of energy flow in a closed system (equilibrium in thermdynamics). Its immperative to stop using Bitcoin for speculation, we must used it for its original purpose (commerce). This way a new econommic system can born and wealth (social energy) redistribution can occur. This process begins with the simplest gesture: giving away SATS to common workers. Not as an investment, but as a gateway to a new monetary paradigm (the medium is the message). My idea was to try this alone in a little brazilian town, and explain to the newbeies it should be used only for buying goods or services (not sell for usd). But since I myself dont have much SATS and cannot find a way to take more loans I believed maybe other holders could join forces and help with the experiment. If we have success maybe UBI could happen in the next years. And we could begin decarbonizing the energy grid with Bitcoin leverage. *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.*

biba8163

Reminder that the ETH/BTC ratio was once 0.15 (Summer 2017). Reminder that when you are picking an Alt, you are trying to pick an Alt which bleeds the least vs BTC. They all bleed. ALT/BTC bleeding is the ONLY guarantee in crypto. | Date | ETH/BTC Ratio | |:-----------|:--------------------------------------| 12/08/2015 | ████ 0.008 12/08/2016 | ██████ 0.010 12/08/2017 | ███████████████ 0.028 12/08/2018 | ███████████████ 0.027 12/08/2019 | ███████████ 0.020 12/08/2020 | █████████████████ 0.030 12/08/2021 | ██████████████████████████████████████████████ 0.088 12/08/2022 | ██████████████████████████████████████████ 0.074 12/08/2023 | ████████████████████████████████ 0.053 12/08/2024 | ██████████████████████ 0.040 12/08/2025 | ████████████████████ 0.034 > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. **(September 2024)*** > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. > | | Initial | High | Current | > |:-----------|------------:|:------------:|------------:| > | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC > | XRP | 5,594 SATS| 22,500 SATS | 940 SATS > | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC > | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC > https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/

Sunnyjim333

I feel very sad for the folks that sold, but, how many times have we said, HODL, Stack SATS. That is it. Maybe buy the dip(s).

mrdougan

You may have missed a press conference, the CEO Satoshi Nakamoto says prices must go lower to help those who haven’t bought enough SATS yet

badgerseed

Buy the dip, stack SATS & sleep well.

Strict_Alps_1304

88 SATS yt

biba8163

> If ETH recovers to that ratio It'll never happen. I've tried to explain this many times to people who are new to crypto > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. > | | Initial | High | Current | > |:-----------|------------:|:------------:|------------:| > | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC > | XRP | 5,594 SATS| 22,500 SATS | 940 SATS > | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC > | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC > https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/

lamb123

Or do you have 47,192.08 SATS? 😏 🤯

Bert-Reynolds

Hope so, I want to scoop up so many SATS like a femboy

Probable799

Sometimes you don't need to look for logic. QT is ending on December 1st, yet we're on the brink of a bear market. Does it make sense, now that trillions and trillions of new money will get printed, of which a good chunk will flow straight into crypto? No, of course not. But it's one of those times where you should stop looking for answers you'll never get, and just set up your automatic DCA plan. Your SATS are on sale. These moments will get rarer and rarer in the future. Accumulate. Buy when there's blood on the streets.

MateoWarhol

When bitcoin is moving in any direction, this sub fills up with some of the most pointless and braindead takes… Up 10% in a couple of days- “THIS IS IT BOYS! $10,420,069 is right around the corner!” Down 10% over any amount of time, either- “BITCOINS ON SALE! SELL YOUR CHILDREN AND STACK THEN SATS!” -or- “Does anybody know why bitcoin is CRASHING???” But you know what…. I’ll still take these kinds of posts over “is this a good time to buy bitcoin…?” That question should get you banned, lol

Emergency-Sky9206

I dk if you follow him, but Benjamin Cowen is always talking about stacking sats and measuring value by sats, instead of U.S dollar. Thats a good way to see it. Maybe i need to stop talking about Bitcoin and see it as Sats. 1 BTC is 100,000,000 SATS right?

angel199x

My trick is to automate everything from funding to buying... to transfering to cold wallet. I don't even look at the fiat value anymore. In my app I set it to measure the value in SATS as that is the only number I care about increasing. Keep it simple and go live your life. If you understand what bitcoin is and believe in it for the long term it really does not matter.

Brit-in-the-USA

On vacation atm but found enough to grab another 250k SATS, grandkids gonna love their grandad 60 years from now

mazdarx2001

Your math is mathing. I do think it would be more attractive to new comers if the just talked in satochis. No one wants to own 0.00001BTC, but owning 10,000SATS , now we are talking

danielid

I didn’t mean to be funny, just wanted to get more people a chance to win. In 20-30 years those SATS will be able to retire someone

wackyasshole

Yeye STACK SATS AND HODL

MorbidandBack

I welcome those with fear into the BTC ecosystem as they will feed me cheap SATS overtime.

Hodlermama

We’ve all been there — buying the first stack, only to see the price drop. The first cycle is always a hard one. Welcome to the club! Now your officially minted! Stay strong and HODL. A key thing to understand is that Bitcoin’s true value isn’t about its day-to-day price or being merely an “inflation hedge.” What sets BTC apart is its fixed supply which is scarcity by design. This scarcity, along with its durability and global liquidity, gives Bitcoin the unique potential to act as a long-term store of value. So in a way like gold, but with added digital advantage But the measure of Bitcoin’s worth isn’t in how the price moves each week or month. It’s in how it holds (and often grows) purchasing power over the years. Its record so far has shown that those who hold through multiple cycles and ignore the noise tend to come out ahead. No one who’s held for four or more years has regretted it. Zoom out. Time is your friend. Key is to own more SATS this month than what you did last month. Rinse and repeat.

detectiverylan12

740,000 SATS!?!?!

GasPractical8649

SATS down 70%. Time to buy?

stoic_ramrod

Moral of the story here ladies and gentlemen is DONT TRADE, STACK SATS and WAIT!! 😎 “Number go up” is a pointless worry.

rs1971

I will never understand why people think that utility coins with scammy premines and mushy monetary policies are investments. It doesn't matter what real world use case they solve, there's always some other token that can do the same thing and cheaper. They are like commodities. Anyway, OP, I'm sorry that this happened to you. You can't change history, but it's not too late to start stacking SATS. Good luck.

GettingFasterDude

She had a giant STACK SATS HODL tat across her back, too

biba8163

*Warning: Ben Cowen is just another YouTube scammer/hopium dealer still using using meme metrics like BTC dominance, Fear & Greed Index and Technical Analysis Hocus Pocus to fool gullible people into believing he knows something they don't know.* Clueless 1-Cycle YouTube scammer entered 2021 cycle late and told everyone squiggly line WackOff pattern showed BTC going much higher. I predicted ~$50K BTC for 2021 and was cashed out before he entered. > $50K was my conservative estimate of BTC price support although I thought it could go a bit over with FOMO. I didn't know where or how that much new money would come in to Bitcoin to support $50K+ over an extended period of time in this bull run. (January 2021) https://np.reddit.com/r/CryptoCurrency/comments/krbcrg/daily_discussion_january_6_2021_gmt0/gi Clueless 1-Cycle YouTube scammer also said ETH/BTC about to bottom out in September...It took 8 more months for ETH/BTC to reach this year's bottom.... > ‘It’s Almost Over’ – Analyst Benjamin Cowen Predicts Ethereum Bottoming Out Against Bitcoin (September 2024) https://np.reddit.com/r/CryptoCurrency/comments/1fk2kbr/its_almost_over_analyst_benjamin_cowen_predicts/ while I continued to warn that ETH/BTC ratio was going much lower > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. (September 2024) > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. > | | Initial | High | Current | > |:-----------|------------:|:------------:|------------:| > | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC > | XRP | 5,594 SATS| 22,500 SATS | 940 SATS > | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC > | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC > https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/ Stop giving these YouTube scammers views. That's the only way they make money.

biba8163

Clueless 1-Cycle YouTube scammer entered 2021 cycle late and told everyone squiggly line WackOff pattern showed BTC going much higher. I predicted ~$50K BTC for 2021 and was cashed out before he entered. > $50K was my conservative estimate of BTC price support although I thought it could go a bit over with FOMO. I didn't know where or how that much new money would come in to Bitcoin to support $50K+ over an extended period of time in this bull run. (January 2021) https://np.reddit.com/r/CryptoCurrency/comments/krbcrg/daily_discussion_january_6_2021_gmt0/gi Clueless 1-Cycle YouTube scammer also said ETH/BTC about to bottom out in September...It took 8 more months for ETH/BTC to reach this year's bottom.... > ‘It’s Almost Over’ – Analyst Benjamin Cowen Predicts Ethereum Bottoming Out Against Bitcoin (September 2024) https://np.reddit.com/r/CryptoCurrency/comments/1fk2kbr/its_almost_over_analyst_benjamin_cowen_predicts/ while I continued to warn that ETH/BTC ratio was going much lower > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. (September 2024) > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. > | | Initial | High | Current | > |:-----------|------------:|:------------:|------------:| > | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC > | XRP | 5,594 SATS| 22,500 SATS | 940 SATS > | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC > | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC > https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/ This scammer is still using meme metrics like BTC dominance, Fear & Greed Index and Technical Analysis Hocus Pocus to fool gullible people into believing he knows something they don't know.

badgerseed

Haha, me too! Every time I buy, the market tanks. Cheaper SATS for everyone, your welcome 👍

Intelligent-Law6228

Bitcoin is highly divisible one Bitcoin (BTC) is divided into 100 million smallest units, called satoshis.SATS This means you can even buy just 1 satoshi if you want, The current exchange rate is 1 USD = 902 SATS.

AlternativeMany7690

They will start pricing SATS instead of BTC

Myth_Mula

Your dilemma is you’re still pricing Bitcoin in fiat, just focus on the amount of SATS in accumulate maybe even start to price things in SATS do everything you can to get out of Keynesian fiat based mindset and try to think more like an Austrian economist

_blockchainlife

Excellent point. The psychology behind attaining BTC vs SATS is strong.

Jayrovers86

I dunno. I firmly believe retail see the price of BTC and how unattainable 1 BTC is now to 99% of people. Thst until BTC is mentioned in SATS only, most do not want to buy 1% of an asset. But they would buy 1m satoshis

cash_tank

Yes, thats exactly why Im mad, I want more exposure, I want the beggar at the corner to ask me to “ spare some SATS “

TheGreatCryptopo

No bullshit offshoots or side hustles. Just stack SATS.

Cryptotiptoe21

Yeah it sounds stressful trying to worry about every big transaction and honestly the transaction that he is talking about isn't even that big of a deal. The only transaction that I would be worried about is if I seen some transactions from satoshi's wallet and we all know that's not going to happen. I have never tried to look at The Ledger to watch other people's transactions. There is groups and communities that do that already. Bitcoin was designed to be transparent and also private. Sounds like op missed out on the private part. The only SATS that I've ever sold is from me directly buying stuff with Bitcoin and every time I have done that I replace what I have spent. In the future buying things directly with Bitcoin will become more practical whenever it becomes tax-free. That is another thing op is overlooking as he is going to have a bunch of capital gains taxes that he is going to owe the IRS for trying to do petty trades like for $300 for the weekend. It's best just to DCA and HODL. Nobody that has bought and held Bitcoin for 4 years plus has ever been pissed off.

Correct_Maybe4545

Most people that have Bitcoin now, do not spend it; however, it can be used to buy whatever if you use a lightning wallet. because Bitcoin works on a 10 minute transaction schedule, it is not practical to buy a coffee at Starbucks with it. You can if you use a lightning wallet ( They give you a free one if you use " The Orange Pill app and they also give you some free SATS ); however, I will only be doing that on the passive BTC that I earn once I am ready to retire. My goal is for every year, my retirement passive income INCREASES and stays way way way above inflation. I want to make more $ per year than my normal annual salary as a dentist. The numbers are going to get crazy. If at some point in the next 20 years, they ever make 1 US dollar the same as 1 Satoshi or even 10 Satoshi, than the US$/BTC will be the new planetary global currency. I believe BTC will be the world reserve eventually. I listen to the woman.. Cathy Wood. Am I the only nerd that finds her incredibly sexy? I also love Natalie Brunell.. Just look at her smile !!!! Hey... I am a dentist lol

Sparky90032

Gimme them SATS! Fire SALE 🔥

cedarrapidsiaus

Have always said (since 2018) its either hitting 1 million by 2040 range latest or 2030 range, or zero. The reason Bitcoin is such a no brainer as an investment and i begged my friends to buy it (I don't as much anymore now that it's 100k+ but did religiously when it was under $10k) is because just by using common sense, 20 years from now, it will either be worth nothing, or a SHIT TON more than it is today. It's simple supply and demand. Bitcoin's great design and current following has gone long past the speculation phase. It has the respected narrative of digital gold backed my the most secure, decentralized, and powerful digital program on the planet. They way things have gone for BTC over the past decade, its going to hit that 1 million mark in the next decade easy imo. For the first time I'm thinking 100 million ($1 per 1 sat is possible per coin within 50 years. Yeah, yeah obviously inflation will have had a drastic impact to go along with that. Perhaps a loaf of bread is $100 by then. Saylor came on NBC today talking about how he believes Bitcoin will be the new line/standard for credit as gold once was for 300 years. Digital gold (Bitcoin) will be the new standard and i totally agree with him on this. He mentions how he expects an eventual 10x market cap of gold for Bitcoin. That would put BTC well over 10m per coin. I could see that (100x from now) in 25 years or less for sure. What a great opportunity it is for people to stack SATS. Before long people will be referring to how many SATs you have, not BTC. A 1 million dollar price is a matter of when not if imo. It's 2 bull markets away i think. Cheers!

BitbullTerrier

Use your cash for SATS, credit card for daily purchases… pay if off every 4 years

Own-Helicopter-5558

By the time you've taken into account that you've bought near the top and paid an extra £940 for your sats you will find you have paid more for less sats than if you just setup a strike DCA for £10/day and transfer £310/month on payday, you will be getting way more sats for your £10 during the bear market and will be amazed what it's worth in £ at the top of the next cycle. If you want to maximise your purchases ditch your work place pension and put those payments in BTC as well, you will probably be able to up your monthly BTC budget to £400 (a pension is a terrible idea for young people unless you're well into the 40% tax band). Borrowing to buy SATS or trading (instead of passive investing) is a terrible idea for 99.9% of people. Trading is really hard, Ive been doing it on and off for years and have not made anywhere near as much as I have from just buying sats every day with my spare cash.

redditingname

rate cuts/fed etc is precisely the reason bitcoin was created just buy some SATS

minimaslim

You would lough when i tell you that i have my ledger since 2021 & hodling some SATS on it still but tranferred fiat to FTX to buy big & shortly after that FTX went down 💀🪦

minimaslim

Have you gone thru a thing like FTX? Its deep in my head. I am glad that i found my way to buy some SATS at 40 & 70k, but now my mind blows up with BTC at 6 figs

idigholes

1 year for every 2million SATS he took from me.

WendigoPsycho

New to this community so forgive my ignorance. Why doesn't anyone use SATS? Isn’t 20,000 SATs easier to visualize than 0.02 BTC? I get why we wouldn't use fiat; volatility of USD and BTC makes it really inaccurate, but SATs give BTC an intuitive metric-like feel.

CreativeYoghurt

Stay humble and stack SATS it does not matter if you spend money that's the whole point as long as you don't hold the money in FIAT currency and don't spend it your doing great i dont keep any money in my bank account everypaycheck or just money in general BTC all day and if i want to spend a lil send it to gemini or kraken and convert it or just buy a visa giftcard on bitrefil simple your not doing anything wrong you are ahead of the curve :3 having 0.01 BTC puts you in the top 1$ of all btc holders!

Past_Hotel_5987

I can't running Bitcoin Knots, but I can stack SATS

Intention_Extra

Stack SATS and chill!

iFLED

Nah I’m gonna buy my $2 powerball ticket still fam. Still stacking SATS with the DCA but $2 risk for potential $1.3bn is too good to pass up.

Ok_Gate1155

Your conclusion is correct. Over time, cost of goods and services is destined to become higher and higher when valued in Fiat (inflation+ debasament), but should be lesser and lesser against BTC (deflation+ scarcity). Think about Laszlo's pizzas for example. Unfortunately we are still in a very early stage where option to pay bills or major expenses are still lacking, but there are projects moving in that direction fast. Think about BTC loans, finance is moving to create and offer these kind of instruments. Travel booking platforms accept payment in BTC. More and more companies, pension funds or institutions are exposed to BTC as edge against Fiat turbo printers. And some states and governmens have initiated debate over opportunity to pay taxes in Crypto. All things that were simply unthinkable few years ago. In the same time, to aid BTC as currency and accelerate adoption, a good initiative on an individual base is to use a small part of your BTC ( SATS) to practice Spend & Replace. Use apps like Bitrefill to buy coupons or voucers with Sats on Lightening Network to pay small expenses like grocery, and buy back what you have spent in Sats with Fiat. In this way you can actually have a better edge on volatility, will save you money, but you'll also directly contribute in creating a BTC circular economy and stimulate adoption, which will attract more and more financial services and merchants.

Ok_Gate1155

In my opinion it's a foundamental mistake to keep correlating BTC to USD (or to whatever other FIAT currency). FIAT inflation and debasement equal to more and more money needed to buy services or goods in x amount of years. While deflationatory and scarce supply for BTC means lesser and lesser BTC (SATS) needed for the same purchase in the same time span. Therefore even owning 0.01 today, could make a significant difference in future.

dyinthecut

Welcome, your best buy! Time to start stacking SATS.

Brit-in-the-USA

When I see it drop like this I add 100,000 SATS give or take do 1/10 of 1 percent and it’s nothing financially that breaks the bank but over time it adds up

Joseluis0378

buying small fractions $250 a week no matter what… i locked 3/4 of a coin at 20000 mark i will hold for 10 years, and SATS as payment once is globally adopted to travel the world and buy a house thats my goal….

Makunouchiipp0

I tried recovering it for 5 years. In the end there was about 1M SATS in it 🫠

Boazmcding

Eh. I'm attacking SATS, not fiat. Dips weed out those who don't understand BTC. Those in it for a quick melting buck.

EyeofOscar

Don't we all (I need more cheap SATS)

RichAdults

What is SATS

Javesther

This was a good and informative post. For the ones that don’t agree , take time to study and read about bitcoin. It’s a daily process which takes years and then you can begin to understand. It’s not for everyone and not everyone gets it , which is ok . Simply put , only 21 million Bitcoin can be mined. That is not enough to around . So institutions and the wealthy will want it , but there just will not be enough. From time to time they may be a whole BTC available for purchase , there will always be satoshis, but it’s a basic concept . And Bitcoin is not basic economics. Basic economics doesn’t work , Bitcoin does . 1 BTC = 100,000,000 SATS. So in a few years when 1 BTC is a 5 Million USD , not many will be able to afford it . Damn , not many can afford a while coin now that it’s under $120,000. Think in Stats. Stack Stats and it’ll. Add up . There’s a reason they want it and want to take it from you . You still have time . Buy Stats and Do Not Sell.

BanButtcoinMod

> the goal of BC is to be rich NOW (or soon) That's indeed why most people are in it. I'm afraid that's only possible if you're already wealthy to begin with. I think the minimum amount of BTC to hold and to rapidly become wealthy is at least one full coin. If you still need to buy your first SATS, you'd already need to be wealthy in order to get that amount. No 'regular' people have just $120k sitting in the bank. At least none that I'm aware of. The main goal why people in the future will still FOMO into BTC, is because they'll soon all realize that they need a good hedge against inflation. And the possibilities for that, are very limited. Outside of gold, land, real estate, etc. what's left? And which one is the easiest to actually obtain? The answer is Bitcoin. >BC needs to be adopted a real currency for a megaleap I can promise you that it doesn't. People here are too focussend on the "currency" part. BTC wouldn't be a good currency for day to day usage. The network isn't really good for that (I know they're trying to fix that with Lightning). Usage of a hedge against inflation, or just a safe place to keep your money (aka being your own bank) is much more appealing to people than "hurr durr it's the digital dollar". Soon the government will launch CBDC's and they wouldn't want any competition for that anyway. What BTC is transforming to, is much more bullish than any currency could ever be.

Makunouchiipp0

Time to reprice in SATS

BanButtcoinMod

> The underlying assumption being that bitcoin will be used as a global currency You've got it backwards. Everyone always believed it'd be used a global currency. We're now officially past that stage. Bitcoin being treated as an "investment", or just an hedge against inflation, is way, way better than any currency could ever be. It was basically written in the stars that it wouldn't be used (exclusively) as a currency, since they implemented a hard cap. Everything with a hard cap, will always be hoarded sooner rather than later. Gold, land, etc. If anything, BTC not being treated anymore as a currency, only makes me more bullish on the future. It shows us that people are finally understanding how valuable it *truly* is. Don't get me wrong, we needed people like 'The Pizza Guy' who traded 10,000 BTC for a single pizza, but trading a couple of SATS today for a pizza would be ridiculous. We've got fiat for that. You always spend the worthless currency first. You hoard the 'good' ones.

BanButtcoinMod

> You must be young to trust the government the way you do. You just keep making up arguments and then come with these conclusions yourself in one and the same comment, meaning I'm unable to defend myself. You won't encounter someone who's more anti-government than I am. I literally already told you what I'd do with corrupt governments if they try to confiscate my BTC. Do you think I "trust the government" when I literally said I'm ready to give my own life to defend what's mine? And I'm not even in the US, so what I'm saying is absolutely frown upon in my country. I'm quite young, yes, but you seem to forget what we've been through the last 5-6 years. I used to be neutral towards the government before 2020. After the events that unfolded back then, I've changed radically. That's also around the moment I found Bitcoin. Bitcoiners usually don't trust the government to begin with, so it's a pretty stupid statement to make on a sub like this. Anyway, the other stuff you said, I agree with. We're heading towards a big financial crisis. They definitely own tech we don't know nothing about - but I'm absolutely certain it's not QC-related. We're just not there yet. I've done plenty of research towards the subject, and the only conclusion I came to, is that we're still decades away from something that *might* be able to hack public ledgers à la Bitcoin. But don't underestimate how much power usage a supercomputer like that would require, and the bazillions of empty wallets out there which this computer will encounter before it'll hit the 'jackpot'. And with jackpot, I mean it could be one of my addresses with a few SATS on it - or maybe one of Satoshi's wallets. I think - at least for now - you have more luck winning the lottery back to back to back to back to back then ever hacking a wallet.

VerveInSilence

Stack SATS regularly as a force of habit fueled by true conviction. Don't be boolish and become windswept by emotion and parroted hearsay from your buddy at work. For those who state with certainty some speculated price and such and such date, you're missing the point. Also keep in mind your BTC holdings do not pay dividends and compound ALONG with the growth. Stay balanced y'all. Life is not a game.

IngenuityBright

People were talking about. I entered the conversation then proceeded to offer some SATS for them to get started that’s all that happened..

IngenuityBright

See the comment above for SATS..

IngenuityBright

Follow on Nostr and I’ll send SATS your way.. aboo805@primal.net

_beastayyy

We wont be measuring in BTC, we'd be measuring in SATS

Sabercoug

Gives you 10 million SATS

Ok_Grass_5474

50 dollars a day and you move it to cold storage every two weeks. I’m guess you haven’t studied UTXO’s yet. You should learn more about it. I would suggest that you don’t transfer anything under a million SATS per transaction.

BloodSoul542

A lot of you guys treat this like a cult. If someone asks me about it, I tell them what I know. If not, I don’t. Regardless, I’ve been stacking SATS since 2021

seltzershark

People need to start thinking in SATS. Keep stacking them. Even WHEN we have corrections. Keep stacking.