BTC

lonewolfenstein2

Nope that just means everyone thinks BTC is going lower soon.

OldHamburger7923

All the risk of BTC, but acts like it's leveraged and you have the financial risk of a corporation sitting on top that sucks money with employee overhead, offices, etc.

Due-Practice5507

MSTR is a worse investment than BTC ATM and BTC is a shit investment

GlokzDNB

It does add up. Honestly it's just sentiment, reminds me Tesla. When Tesla was dipping to 170$ musk was hated online. If BTC recovers, and I can't see the scenario in which it already reached historical ath to never revisits it, mstr will grow double digits and speculative capital will join the game. Just be patient, enter, wait and forget. If you make 100% on it in a year or two that's beating the benchmark multiplicatively, nothing else matters.

OnlySiennaTay

Thank you for supporting the BTC crowd!

Happy_Discussion_536

BTC because it will provide much higher returns as a store of value. Prediction markets isn't investing, it's just zero-sum gambling. BTC, assuming you believe in its longevity and continued demand like I do, will keep going up. Tokenization FWIW, it's not the primary reason why I invest in BTC but for various reasons people may want to invest in stocks or other assets without going through fiat or traditional channels.

Easik

It does until Americans and holders of gold and silver have to sell. Institutions getting margin called would sell off the most liquid first like BTC, then gold, and silver. It's certainly not a fleshed out doomer narrative, but it's something in that realm. Blockade stops once they split up TSMC, with Taiwan servicing Asia and Phoenix servicing the United States. I'd pretty much put NATO dead in this scenario with the Greenland invasion, so hard to see where Europe falls in the equation, but they can't really go against China with sanctions, tariffs, or war.

AInception

You don't know what you're talking about. Miners work on the L1. Off-chain L2s and L3s siphon fees away from miners like parasites... Miners work for $BTC. The BTC issuance paid to miners is racing to 0 exponentially. If there are no fees for the miners to collect they'll quit spending money on POW, and the whole thing becomes insecure and worthless in no time. It's nothing like VISA, because they don't rely on the dilution of their shareholders to pay for all of their infrastructure costs. They earn themselves money by collecting fees. Miners earn 1% as much from fees as they do from new BTC being minted. In 20 years, miners will see just 1% as much BTC being minted as is today. Even if the price went up 100X to a $200-trillion market cap then it has to double to $400-trillion just a few years later at the next halving or its security gets cut in half instead... then double again and double again. Or if the price doesn't achieve quadrillions of dollars, transaction fees must instead become $1000s, with 100% of every block being full even in economic downturns. Which hasn't ever happened (fees are under $1 right now), and nobody using the network even wants that. Not to mention because of UTXO if you make like ten transactions your fee becomes 10X as large just to spend it an eleventh time, which would only serve to push people off of L1 onto parasitic L2s and L3s fueling this same problem.

AInception

Lmfao. The entire world cumulatively used the Bitcoin network 300,000 times today. VISA processed over 650,000,000 transactions in that same time just in the US. You still can't buy anything anywhere with BTC without converting to dollars first... nearly 20 years into its experiment. Seems the world is using everything else much, much more. USDT alone sees more transactions per day than BTC sees in two months. I guess that means Tether has higher intrinsic value than Bitcoin considering it shares identical properties with BTC as far as the ability to flee your country goes. The world is speculating on how many fools there are by using BTC as a medium. Coinbase alone holds what 15% of its entire supply now? Most of it is getting usurped by Saylor and ETFs, not your everyday people. No one wants to actually use it in any way it was allegedly intended for, and what its exponentially waning security budget was designed around, so it's really laughable to call what's going on adoption. Good luck with your bags, tho. I'm sure when the 21M max limit is removed to avoid its inevitable security collapse it won't affect its speculative value too much! Y'know cos the entire world relies on it or something.

AInception

Lmfao. The entire world cumulatively used the Bitcoin network 300,000 times today. VISA processed over 650,000,000 transactions in that same time just in the US. You still can't buy anything anywhere with BTC without converting to dollars first... nearly 20 years into its experiment. Seems the world is using everything else much, much more. USDT alone sees more transactions per day than BTC sees in two months. I guess that means Tether has higher intrinsic value than Bitcoin considering it shares identical properties with BTC as far as the ability to flee your country goes. The world is speculating on how many fools there are by using BTC as a medium. Coinbase alone holds what 15% of its entire supply now? Most of it is getting usurped by Saylor and ETFs, not everyday people. No one wants to actually use it in any way it was allegedly intended for, and what its security budget was designed around, so it's really laughable to call what's going on adoption. Good luck with your bags, tho. I'm sure when the 21M max limit is removed to avoid its inevitable security collapse it won't affect its speculative value too much! Y'know cos the entire world relies on it or something.

ExtremeAddict

OP has no clue about some basic fundamentals. He thinks there is some magical “fair price” other than what is determined by supply and demand. And he’s going to compute that fair price using “slopes” on theta and then wherever there is a delta, arbitrage and win. In 2013, I built a crypto arbitrage bot that moved capital between shitcoins across exchanges extracting a few cents at a time. It generated about 20 BTC in net profits over a period of a year. I sold all of it in 2014 for about $6k - which was not bad for a hobby project. That wouldn’t work now with crypto and absolutely not with equities. That’s what OP is trying to do.

kigglepig

Nearly all my gains were from holding WSB classics ASTS BTC ASML and swing trading 3mo calls on them

Independent-Tree-985

!p BTC

callsonreddit

Looks like ex-BTC mining companies want to run up right? Any catalyst Ex: IREN CORZ CIFR WULF

AInception

So they'll hold some ShibaElonCumFart coin instead. Same exact difference as holding BTC.

Ok-Grapefruit-9471

There are two angles here the obvious one is the squeeze potential, this hinges on who the insiders are .... the argument/clear impression is that the insider holds are long and we consider them locked up. We are of the strong impression that the Vladimir and Angelica Galkin who now own over 20% (4288888 shares according to the last 13d/a earlier this week) are benevolent towards retail they have bought at over 100 and 90 on the last big spike. If they just wanted a cheap acquisition they would just let it tank and buy up then. Their investment history supports this too (had 2% of GME way back during the main event). VG is also active on STwits. it has had several squeezes since the Galkins started buying up the shares last July but at that time there were still several more million shares not owned by them, in November it was still several hundred thousand shares, but now we are in tens of thousands. We know there are many more shares than the float in circulation (last institutional holds were 350k) and there are 3 retail longs that we know have over 100k shares as they've disclosed positions. I appreciate this is all meaningless without a trigger/ catalyst for the squeeze. There are the last set of options due for expiry next week. If some or all of these are in benevolent hands then MMs could be trying to find shares that arguably are just rehypothecated shorts. This could exert pressure that starts everything unfolding. Alternatively we come to a second possible catalyst. That is going from a shitty loss making company to profitable/growth. Since financials were reported last (annual reporting) They have paid off their debts, they have developed a number of business channels and it looks like they are growing not shrinking (shein, BTC payments, and are releasing their own AR PC gaming experience, not to mention ..selling Nvida chips ... I'm Asian market) plus the whole component scarcity RAM going up 600% in the past year. People in the PC component commerce business are seeing substantial growth in the area. A lot has happened (positively) in the business since the last financials reported and with the return of the founder to the board, we are expecting a flip from shitty loss making to profitability. Now.... Vlad Galkin a few years back also just happens to have set up Hubx an e-commerce and AI development company (currently private but seems to be doing well) with some strong synergies with Newegg. So there is clear space for e-commerce mergers going forward building on the existing networks (possibly with larger players too). So my thesis is we expect a significant flip to bring profitable in March/next financials with strong potential for e-commerce merger growth. Whether this is the trigger for a squeeze or it squeezes before that we shall see, but there are hundreds of thousands of shares that need to be covered and the float has been bought up.

brainfreeze3

BTC is a bad hedge. 2025 was the year of hedging and BTC barely moved. meanwhile the metals mooned

East-Description-243

I’m going to go so far to say that burning $100k of energy to produce a bitcoin that is only valuable to BTC bros and value is based on how gullible the next buyer is should be illegal.

__redruM

Have you looked at the “trend”? Maybe a DXY chart? Dollar has been sideways for months at this point. Gold feels like performance chasing at the current price, and if the Supreme Court invalidates the Tariffs the bottom will fall out on gold. BTC is a little better at it’s current price.

AInception

Here's a thought: You want to escape your country. They froze everyone's bank account. You have 5 people trying to get on a plane. One with a million dollars in BTC. One with a million dollars in Bitcoin-Cash. One with a million dollars in Bitcoin-SV. One with a million dollars in Monero. One with a million dollars in Nano. One with a million dollars in USDT. Which one makes it to their destination? All of them do. Bitcoin doesn't have any special property that *every* cryptocurrency doesn't also share. Ironically the only one who still has precisely $1,000,000 when they need it, is the one holding those stablecoins pegged to the USD. The one with Monero is the only one doing it in secret. The one holding Nano is the only one not losing copious amounts to fees for spending it. Those three all have higher intrinsic value than a coin it doesn't matter if you chose ABCDEF or G -coin to accomplish your goals with. You can even get gold exposure through crypto, but not using BTC. Bitcoin's ledger is public, it's a surveillance-state's wet dream. If they're coming for your money and you have $1M in BTC and now you just bought a plane ticket - expect a $5 wrench to be all that's required to pry it away from you. Unless you plan buy it on the black market P2P, in which case good luck, you might be able to get $1000 of BTC at a time without being mugged outright and expect to pay a 25%+ middleman fees both ways. Gold is extremely special. Your smartphone and PC both require gold to function, but nothing in the world requires BTC. If BTC had high intrinsic value the 8 billion people alive and already billion+ AI-agents would use it cumulatively more than a few times per second, often 0 times in a 10 minute block.

Zebranazgul

Ok i can get it, but for another decent pump on MSTR we need BTC at 110k

papakong88

Thank you all for sharing. I see some of you are exiting by taking a loss and not by rolling. I am steering toward that method for the following reason. The cost to BTC is about $20 when the short strike is ATM and less if it is OTM. Statistically, it may need 1 roll per 100 trades.  I could take an occasional $20 loss (about 20 days of premium) since I already have 2 years of gain. However, this reasoning may not be acceptable to new traders.

Zebranazgul

After 2025 don’t you think that 2026 will be a pullback year for BTC?

hyper24x7

I trade futures on this mantra: the more uncerntain people are in the economy, stocks, bonds, the government, employment, food, and everything working.... the more valuable silver, gold, and other non cash things are. TLDR Dollar not good? Then silver and gold good. Note sometimes BTC and gold can be inverted.

Zebranazgul

Why MSTR https://preview.redd.it/bljoyb9ylhcg1.jpeg?width=1179&format=pjpg&auto=webp&s=ce886ec36cc6b64d72db82d91d9026cf9f637c9b Cause the double top? Or BTC at 120k again

hughererikson

1h BTC price predictions 😂 variance has been my friend

callsonreddit

Am i crazy or is picking 200 BTC upfront better than 10k a week for life? https://www.reddit.com/r/TheTeenagerPeople/comments/1q8n1x9/which_one_you_pick/

AInception

I said gold is a hard asset, not a productive one. It also comes with extremely high intrinsic value whereas BTC has none at all. The timeline I used was 5 years, not 1. I cherry picked the timeframe that specifically favored your argument the most, to show even then it's wrong. If you go back far enough BTC had a market cap of $15 so of course its growth outpaced everything since then lol. Its security budget was sustainable back then but it's really not that far into the future with 99.5% of its max supply being mined already (which is the only incentive to do POW and secure its network). 10 years ago 1 BTC was worth $400. Today it's $90,000 or up by 225X. Do you really believe 1 BTC will be worth another 225X or $20,000,000 in 10 years? And have a market cap of $425-TRILLION?

vansterdam_city

I made a lot of money buying GBTC below NAV when it was still a closed end fund. MSTR premium to NAV has evaporated. If we do get a BTC bear market it’s gonna be trading so far under NAV. Definitely watching.

random_moth_fker

Only real concern of mine is dollar inflation, but if you want or are concerned with dedollarization, you always have BTC and/or gold.

AInception

The value of the dollar can grow the same time its purchasing power decreases, and vice versa. They're not really the same thing. When we saw that recent surge to 10% YoY inflation the dollar index was at its strongest because people all over the world were buying them to avoid their own currencies 20%+ inflation. Bitcoin actually preformed pretty badly around this time! That cycle (the so-called dollar milkshake theory) slowed the rate of dollar inflation because imports became much cheaper, because the dollar was strong relative to those other currencies and so it grew in relative value. But the dollar was still losing purchasing power overall. Rich people like owning assets. Asset-inflation is happening at such a pace dollar-inflation or the dollar-value pales in comparison. When rents and property costs doubled in 10 years it didn't mean the dollar lost half its value... a banana still costs the same. Rich people especially love owning 'productive assets' that earn them an income. Which BTC is not one of.. Once its security starts decreasing substantially in another decade or so it's going to be musical chairs, and none of these generational asset-accumulaters buying everything up will be seen holding that bag. Bitcoin is more of a quick gamble on how much speculation can grow by then, with all profits going into much harder assets at the end of the day. Gold and silver outpreformed BTC massively last year. The SPY500 even. Those are the kind of assets the market is after, which will continue to outstrip dollar devaluation and inflation faster than anything else. If BTC followed your thesis it would at least be correlated with gold's value, but unfortunately it hasn't at all.

SaltyPlantain1503

I have been doing what you were leaning toward - build up of PMs and BTC/ETH for the last few years. Diversity is a very good thing right now. EUR, CHF, GBP have been good too as the USD slips, but FX trading is difficult.

AInception

Transaction fees which have made up ~1% of the security budget? Bitcoin does like 10 transactions per second, until fees climb to $1000+ and the network is *always* congested 24/7/365 they're not even worth mentioning. Not to mention any time fees have climbed recently people throw a tissy and start seriously discussing censoring *those* tansactions (as seen with inscriptions). Security isn't the same thing as hashrate. If it costs $1 to produce 1 hash today and the network has a 100,000 hashrate, then it is secured with $100,000. Tomorrow if it costs $1 to produce 100,000 hashes (because a new ASIC is released) and the network has a 101,000 hashrate, then it is secured with $101... that does not mean it is more secure. Good and bad actors each have access to the same ASICs and cheap energy sources. The amount of dollars (or energy) spent doing POW is what its security is based on. Period. Which is ludicrously abstract other than we can all assume miners aren't working for free. You can take the security budget (amount of BTC minted per day) and multiply it by the dollar price to find out the upper limit that's being spent on POW - but the budget is being reduced to 0BTC **exponentially**. If the dollar value of BTC stayed at $100,000 from today for 3 halvings then naturally miners will expend just 12.5% as much energy (cost) securing it, because they don't do it for free. Then 3 halvings more they'll expend 12.5% as much, or 1.56% as much as today. The hashrate might be 1,000,000X higher but that means nothing if someone can spend 0.8% of the energy it'd cost to attack Bitcoin *right now* by then and still manage to obtain over 51% of the total hashrate. This probably won't happen at $100,000 (unless the price crashes) but at some point **it must**. It's written in the code. This is a known issue. People tried to fix it, even Satoshi had other plans, but miners decided at every turn short-term profits are more worthwhile. We'll see what happens, but the numbers don't look good. https://budget.day/

armastevs

Around 25778 When I BTC it was around 25800

Cryptokruck

Cant go wrong with FAANG. Mix in some top crypto plays (do a little research and find something you actually believe could have future value) Crypto for me BTC ETH Stocks for me FAANG $NAV $MU $RKLB $QBTS $RTX

papakong88

It costs you 22 to BTC when it was ATM. Do you recall the amount of OTM for $10?

papakong88

What time did you BTC? I sold 26120/26020 Calls at 8:41 CT. (26090/25990 in another account) Then 25270/25170 Puts at 9:37 CT and  25180/25080 Puts at 9:45 CT (less than 10 minutes apart and puts are 90 points apart - a big drop). At 12:04 CT, I sold 25400/25300 junk Puts and at 12:23, I sold 26000/25900 junk Calls. All expired.

adheretohospitality

It doesn't happen instantly, it's over a large period of time, like decades. It's heading that way faster now with world politics. If someone in a prominent position didn't pump and dump crypto a dozen times over the last year I'm sure BTC would be making an even better bet against it than gold. Silver might give everyone a run for their money in 2026 though

armastevs

Today I had to BTC my 25,780c/25,840c for 22.4 for a huge loss. I'm still up slightly for the past month, but wow this hurts. What were your call strikes today?

papakong88

Do you recall how much it cost you to BTC when the short strike was touched?

WhoreIn_Buffet

Forgot to BTC my $83 covered call on RKLB in my small account before close. Gonna be like a 500% gain on the sale, but still.....I'm a ♿️🤡

S-Club-Party

So now that SPY $694.20 has been breached, what’s the next hat we should be ordering? SPY 700 is too close, we’ll see that in a week. QQQ 694.20 seems repetitive. SPY $800.85? (>!BOOBS!<) BTC $0?

Independent-Tree-985

!p BTC

AInception

You're ignoring halvings. Halvings reduces the profitability to mine Bitcoin by 50% each 4 years. If the price doesn't increase +100% each time then the amount of energy put toward securing it halves instead. To maintain the same amount of security the price has to exponentially increase forever, to offset all the security budget halvings, which isn't mathematically possible or sane. If BTC price just rides flat 0% for a decade, then it takes +400% the energy to maintain the same security. Eventually something will break. The price isn't pulling another +100% at this market cap too many times more so it either becomes insecure garbage or the cost to maintain it *has to* increase instead - and bitcoin maxis will tell you central banks and governments will do this to secure their wealth lol.

greyenlightenment

btc going to 50k , which is the price before trump was elected . dometic agenda delayed due to venezuela and other problems, no BTC reserve ever

FlyWannaBeRichGuy

Lol look at the GOOG chart, then look at the last week of BTC chart... These algos are relentless at moving directionally how they see fit... even wars/chaos can't move markets.

Veshino99

Lol SPY 695 and NVDA AMD HOOD haven’t moved, even BTC lacking. Feels like fake pump for 10am IMO

SlyCooper007

Well they double their BTC holdings with the merger to like 13,000 BTC and the company they are acquiring has a revenue stream that they plan to use to buy more BTC. It should be moving but there apparently a ton of calls expiring on the 16th around the 1.50 mark. The theory i think is that someone is trying to get these to expire worthless in order to avoid having to buy shares on the open market. Someone who knows more can correct me if I’m mistaken.

infinitetekk

I just paid for BTC with a hooker

JohnnyStrides

I've been so tempted to pull the trigger on this and BMNR but just can't... as long as BTC and ETH go on a run they're both going to rocket up but it just feels like borrowing on margin to buy stocks to use as collateral to borrow more margin... amplifying gains but also the losses on stupidly volatile assets. 

Simalt443

? It just follows btc. BTC is at the end of a historic 1064 day cycle which has now been broken for 12 years. Its playing out exactly as it always has despite the talk of supercycle. If you aer in btc or mstr or coin you are gambling that the cycle will be broken for the first time in 12 years exactly right now. ITs a retards gamble. Very likely you see another year of downside. Great time to be a seller 3 months ago, horrible time to be a buyer or holder.

newtownkid

The stock basically moves like a 10x leveraged BTC ETF, do what you want with that information.

EyeSea7923

Boys are crushin BTC stocks. Must be a little insider news.

ZealousidealIncrease

I remember when simply *buying* Bitcoin was called gambling too not leverage, not meme coins, just holding BTC. Back then the argument was always the same: “too volatile, no fundamentals, pure luck.” Anyone who bought was treated like they were at a casino. Fast-forward and now it’s an accepted asset class. ETFs, institutions, pension money, balance sheets. The narrative completely flipped. For me, the difference between gambling and investing isn’t the asset it’s the **behavior**. If you’re: * Over-allocated * Chasing short-term moves * Using leverage or trading emotionally That’s gambling, whether it’s crypto, stocks, or options. If you: * Size it sensibly * Accept volatility * Have a long-term thesis and risk control Then crypto is just a high-volatility investment. Personally, I don’t treat crypto as an “all-in bet.” It’s a small, defined part of my overall portfolio, and I’m mentally prepared for big drawdowns. That mindset matters more than labels. I recently wrote a blog about how mindset and risk control matter more than the asset itself especially in volatile markets. Dropping it here in case it adds value to the discussion: 👉[Day Trading](https://makemoneywithyourideas.com/day-trading/)

Medical-Shoulder-337

I’m just trying to find a rational reason to hold MSTR Vs BTC. Havent seen one yet

MyPuppyIsADemonChild

BTC baby !!!!

finglish_

I think the concept you wanna touch on is **liquidity**, the term that OP is basically describing but doesn't have the word for it. If you are talking about an asset like Silver or gold or a stock like say NVIDIA or MSFT, or a crypto currency like BTC, they all have a lot of liquidity and it's a fungible asset and there are enough buyers and sellers at it's market price. Conversely, say if I had bought a castle on the cheap for 200K and now it's appraised at 5 million dollars, I might still not be able to find a buyer easily because a castle and real-estate in general is not a very liquid asset, and there is a considerable amount of friction in buying/selling real-estate, and there are a 1000 considerations before someone will buy your castle for 5 million. People are not flipping real-estate at the same pace as more liquid assets that I mentioned above, whereas I can buy/sell a million dollars worth of any of those assets sitting on the toilet using my phone in 1 minute.

Medical-Shoulder-337

So you’re still paying a 20% premium for someone else holding BTC?

Medical-Shoulder-337

Why is it worth 1.2X BTC? Seems like an ETF w/ a 20% fee

Pretty_Ad_7885

Can we have 694,20 $ spy peak followed by a huge drop for the memes just like we had on BTC

Late_Company6926

Since the introduction of Spot BTC ETFs in 2024, Bitcoin increasingly moves in sync with global liquidity and Federal Reserve signals rather than just seasonal "folklore."

gounatos

I would make fun of you for going all in on the most obvious ponzi scheme in the history of ponzi schemes, but that stupid thing might reach $1K in the next BTC bull run and I would feel bad.

No_Feeling920

Market cap calculated only using ordinary shares? How is that a meaningful metric, when there are other shares and bonds with priority claims on the BTC holdings? It feels to me like Saylor intentionally made the stakeholder picture as convoluted as possible with all these different security types, in order to obfuscate the real value per ordinary share. The tactic apparently worked on some people. 😆

No_Feeling920

BTC held per ordinary share? I hope you understand, that now, there are stakeholders other than ordinary share holders, with priority claims on the BTC hoard? So, the BTC per ordinary share metric is just misleading BS.

GlokzDNB

Yeah and BTC will break 130k this year, because it failed to fall. 2026 is nothing but tailwind for assets like BTC, especially if silver bubble bursts money will look the next best thing. I just noticed people love praising things that go up, they see profits, they get hooked, they see nothing else. Now its gold and silver, when they will start losing money they will hate on it and soon after you'll see the crowd spread everywhere else, including good old bitcoin

FuckingJPMAlgos

Dude I aint a millionaire! Plus the rest of my port currently is long BTC AI etc. INTC is just a 10% hedge against my core long.

NoUnderstanding7620

The FED can print as much USDT as they want, since USDT is just tokenised USD. Covid inflation hit USD really hard. BTC is up 400% since covid lol

le_Derpinder

USD has value that I can buy something with it. $1's value is many things in the dollar store. $10 is a quick fast food meal. $1000 is rent + utilities. ₹10 is a chocolate. ₹100 is an uber ride. 1BTC is nothing unless you convert it. You seeing the difference between a currency and something that's not? And it can never be a currency due to the reasons I gave previously. That 5% number is out of your ass. Gold is used in many regions and cultures across the world. From utensils and jewellery to medical instruments and tools, it is and was used in a lot of things due to it being a NON-CORROSIVE metal. If the country fails and I can't get stainless steel anymore, I can make long lasting utensils and tools out of gold is the hedge against fiat they keep talking about and not the idea that I will sell gold bricks on the street in an anarchic famine ridden world to buy food.

Aggravating_Ad_8453

Lol, if BTC to the moon, this shit would be nicely printed. So no one knows. Good luck OP.

Pale-Category6035

If BTC takes a dive that shit is going downhill with it lol

NoUnderstanding7620

>You literally needed to convert btc to $10 to give it some value. Otherwise, no online product is sold at some 0.000123 BTC. It's as fugazi as a Schrute buck. That's an interesting point. What is USD value ? It's what it's worth in other currencies. Exactly like the BTC. I translate it to USD because i assume you are american. If you want to use your USD outside of USA to buy anything, you have to convert it to an other currency. >It is a store of value because collectively enough people have given it some value Exactly like Gold ! If humans didn't collectively decided they were going to use it as a store of value, it would be worth 5% of its current price.

le_Derpinder

It is a store of value because collectively enough people have given it some value, similar to how plastic pokemon cards are valued at something. Currencies on the other hand are a store of value backed by the governing system of the country. Bitcoin is backed by nothing. Currency fails if and only if a country fails. Bitcoin isn't successful to fail (almost negligent transactions from regular consumers on daily activities). Your proof made me lol. Thanks. You literally needed to convert btc to $10 to give it some value. Otherwise, no online product is sold at some 0.000123 BTC. It's as fugazi as a Schrute buck.

AllCapNoBrake

[There are PLENTY of sellers + all of the paper BTC binance continues to dump.](https://www.reddit.com/r/Bitcoin/comments/1q7f1y7/bitcoin_rn/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)

NoUnderstanding7620

You said that it is a store of value, right ? That's exactly what currencies are. Proof : i can send you 10$ worth of BTC right now, and you can use it to order a physical product online. That's what currencies do.

spyputs1

Listen I hate BTC as much as the next guy but that wedge is very bullish, when they run out of sellers at the resistance it takes off to the upside

AllCapNoBrake

[If you aren't short IBIT (or BTC via MEXC), why do you hate money?](https://www.reddit.com/r/wallstreetbets/comments/1q4jx3l/comment/nxvkc9h/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) https://preview.redd.it/1t7dy6b0a9cg1.png?width=804&format=png&auto=webp&s=1143f5a5e5e3167278c25576d7fdd8f28a9a37b8

NoUnderstanding7620

\- You can't pay someone in China with physical gold, you have to use a bank or a financial provider, so **what you are owning isn't real Gold.** \- You can't store physical gold in your home, you will get robbed, nobody does that. On the other hand : \- You can't sent **real** BTC to anyone in the world in 10 minutes without any third party. \- You can store **real** BTC in your house, with 0% risk of getting stolen. These are the reasons, we don't already use metals as currencies, we use USD, because at least it doesn't require third party, like gold can only be stored in only one country

Leading-Inspector544

More importantly, virtually no one's uses BTC as a currency, precisely because it's more valuable to hold it

NoUnderstanding7620

Yes. **Humanity used precious metals for 2500 years, currencies were always deflationary**, up until 1933 when dollar stopped being backed by gold. BTC is just the return to normal.

Seattleman1955

I put some money into QQQ decades ago and left it alone. Now it's up 1,400% I sold some land in 2021 and put it in BTC. It's doubled. The investment is more important than a shot gun approach, IMO.

bad_detectiv3

Yes, but what does gold silver out performing BTC has to do with liquidity?

wave_action

The BTC chart looks tasty right now

NoUnderstanding7620

How is it a Ponzi ? They are using leverage from loans and shareholder dilution to buy Bitcoin. It will be a ponzi if BTC don't go up in the future. Otherwise, to me the risk/reward ratio is very good and better than a BTC x2 ETF.

PermissionPlusFour

One of my biggest individual holdings at the moment at an average of $1.3. Been a though few months, but I'm confident that when BTC recovers back to $125K, this will fly pretty high. They also have have a shareholder meeting on Jan 13 on the merger with $SMLR, that would effectively double their BTC holdings to somewhere around 13000.

Bruin9098

Yeah, I've owned BTC for a while. And accepting it as payment creates no value to $OPEN's biz.

Independent-Tree-985

Im inclined to think that as BTC revives, SLV will die

SerpentRoyalty

Crypto was a promise never realized. ETH is lagging because DeFi is dead. Why hold ETH when you can hold BTC? And DeFi is dead because of scammers.

Savik519

1. The only half-logical use case for decentralized public blockchain is a currency. ETH can’t compete with BTC for that narrative (no other crypto can either so don’t feel bad). 2. Yes, I have lost confidence. No self respecting company is going to put anything of value on a smart contract platform they don’t control. What benefit does ETH provide a public company that they can’t make themselves with either a private blockchain or internal database. 3. ETH won’t go to zero, but it will continue to severely lag BTC. Look at all the other alts and how their price eventually flatlines. 10yrs from now ETH will probably still be in the $2-3k range.

Capable_Paper1281

I do the opposite - I go long BTC on holidays knowing that degenerates have to bet on something, and usually they pump BTC 

youyololiveonce

ETH is fucking stupid buy BTC

No_Complex_2603

Because ETH is proof of stake in a closed ecosystem. It’s a ponzi schema. If you don’t understand that you’re paying people (the people who actually make money) through dilution everyday then idk how to help you. Go into BTC if you want crypto. ETHs ecosystem has to out produce its dilution. I haven’t seen something resonate on blockchain outside of scam (meme coins and NFTs) the past 6 years. A company looking to start a business on ETH is paying IRL dollars to run the business, but getting paid in ETH. Then getting dumped on and diluted by stakers. Unsustainable and all hype. There is no blockchain business.

IslandExact429

It’s gone nowhere and SBIT is 10% lower although BTC is at $90k

Throwmeaway50472

Global deleveraging, no one wants useless garbage assets like crypto. I am bullish on BTC long term, but I think it can drop to $40k within a year.

Known-Presentation49

There is only so much money in the market. The rich are getting richer and the middle class is shrinking so the dumb money pool is shrinking. Why would be people buy ETH when they could just hold BTC.

bigbluedog2040

Buy ETH FIGR BTC and VCLT. Low inflation low growth assets

El_Grande_Americano

It lets you buy drugs online a little faster than BTC so it must be great

Crazy_Donkies

Fuck BTC, but this "trust me bro" stuff is funny.

Independent-Tree-985

!p BTC

FuckingJPMAlgos

Will the SC rule for or against tarriffs? Insiders please help me on this one. Does it make BTC go uppy or downy? Thank you for your attention to this matter.

FuckingJPMAlgos

Makes sense. I thought its cause corn looks golden color but aint gold, similarly BTC feels like gold but aint gold is why.