BTC

ObjectiveData9902

The very good reason is Silex spent >250m in BTC investing in companies including DVLT. All they had was BTC and that happened to go down recently. They needed cash to compl;ete some of their commitments so cashed in some of their DVLT (at a profit) but flooded the market in doing so. Look it up. Now, the market for DVLT is recovering.

Puzzled_Dish8619

I have Robinhood that’s it and I had $10 invested in a penny stock and got some BTC and XRP!

ThatChrisGuy7

BTC literally gapped down $1000 in 2 seconds 🫨🫨🫨🫨🤣🤣🤣🤣

ajibtunes

And that was the last time BTC went under 90k. It’s only upwards from here 😉

RunesDubloons

If youre bagholding: never forget how hard you'd be getting a 300k BTC shoved down your throat rn with the same exact lack of results it has currently if you never bought in.

therossboss

MSFT HOOD GOOG TSM BTC meme stock of the week

Great_Molasses_4601

My crypto might actually recover, thankfully I decided to double down on my robin hood gifts; and started hedging with BTC and ETH. Hoping to see new heights in 2026.

VANZFINEST

BTC broke 90k and mooning

LabyrinthLayers

You’re reading too deep into it, BTC is up since market open. They literally trade as bitcoin proxy

GlokzDNB

Mstr won't implode until their debt expires. They had no issues raising new debt, currently trading under nav. Don't mix holding mstr at 500$, 300$ and 150$ as it is now. Just do few simulations, fair value for mstr is 1.2 nav and BTC regaining ath plus fair value is already all you need from this play. Just don't be regard, don't buy mstr options, hold 1%-3% max of your portfolio in it and forget news and the internet. If there's an easy way for 100% in 2026 that's the above list. Maybe something like abat uuuu and shit. Pretty sure we will see episode 2 of trump-china tweet war that will ride those tickers. And no. There's no easy +100% with high risk. Just be smart about it and that's gonna help you beat the benchmark.

ContentBlackberry0

BTC finally 90k!

Happy_Discussion_536

100% wrong. China, the most large scale successful authoritarian regime tried to ban it. 20% global hash rate still comes from China. In fact the more government clamps down, the less people trust it and its fiat. They need an off ramp and use BTC.

Cute-Satisfaction398

I’d park it in high-volatility crypto either short-term trades on ETH or BTC with leverage around major catalysts, or small-cap altcoins with strong volume + hype. That’s realistically where 10x can happen fast… and also where it can go to zero just as fast. Definitely not a “sleep well” play, more like active trading and strict exits.

NewDawn101

White people no longer pretending to care about environment. Bluish for BTC short term

Independent-Tree-985

!p BTC

ThatFUTGuy

if you don’t like $MSTR but fancy a BTC treasury play today, $MARA is the second largest BTC treasury, mines its own coins and is at a 60% discount. BTC increase today looks like calls could pay (16th jan calls probably best bet) just an idea 💡

ThatFUTGuy

3.56% up in pre-market, BTC almost going for $90k i’m excited about today and my calls🤩

FabulousLanguage6216

BTC rug pull incoming before open

Such_Coin

Crazy times when Gold and SIlver are the high beta movers and BTC is the boring boomer range bound asset.

FuckingJPMAlgos

Europoors I better wake up to BTC 90k.

ThatFUTGuy

$BTC UP, tax flush OVER, first trading day of the year, $MARA to announce how many coins it mined (december) in the next week, surely it can’t still go DOWN 😭

Appropriate-Total868

Keep Holding that .003 BTC!!!!!!!!! HODL

version-two

I mean Jafar told me I’d be receiving $100k next week from a lottery I didn’t play. Wired him the taxes in BTC last year and he said it would be in my account by Jan 15th ‘26. Trying to figure out how to double it in 6 months. Just trying to choose which 90% win-rate options strat will work best. Any tips man?

Such_Coin

I got $3.68 in BTC from robinhood. Prolly be a millionaire in 2026.

Specific-Chemist-353

BTC has never generated consecutive negative annual returns. So, add BTC?

Prestigious_Year_621

Was it a coincidence that BTC is pumping today?

Negative_Salt_4599

Buy the fear. My first 2 years in investing and I thought that was like the #1 rule.. bought BTC when it was 25 k.

goodbuddyedb

BTC is the greatest threat to humanity since lead plumbing 

TheEntertain

Up \~23% in my active trading accounts. Most of my portfolio got dragged by poor BTC performance, but I made up for it with gold in the rest of my port. In my passive accounts I rotated to gold and international equities early in the year and have been happy about that.

Riskismyapellido

ur missing BTC

ReggaeBusRider

thanks for the buy signal. 2026 - BTC 230k MSTR 1200

33NoBody33

BTC being all racist hanging out at 88. It loves sticking around 88,888 for weeks now

cbusoh66

My predictions for 2026: - Jensen Huang signs the greatest number of tits of any CEO in history - Mark Zuckerberg finally figures out his AI strategy - Michael Saylor dumps all his BTC and buys a real asset, Silver - Tim Apple is free from his shackles and moves in with Caitlyn Jenner - Silicon Valley Indian-born CEOs unionize and declare Diwali a national holiday - An Elon Musk video of him making out with an Optimus robot dressed as Sergey Brin's wife is leaked on X - Quantum stocks crash and burn to single digits

Therex26

Peter Schiff hates BTC 🌽

polyiizm

Zimbabwe level printing and checking BTC daily. Nuff said.

vertigo88

Which you then need to convert the BTC or whatever back into local currency to spend anyways. Congrats you just played yourself.

FuckingJPMAlgos

Just looked at the updated monthly and quarterly charts of BTC, looks like we are headed straight to 56k? I am deleting my app, I cannot take this daily trauma.

aftherith

BTC straight up on the YTD chart

PMmeuroneweirdtrick

Gotta wait for BTC to go sub 80 before buying I reckon.

RequiemRomans

Except he sold his silver to buy BTC right before silver rocketed and BTC flopped. His timing is terrible. He should stick to real estate

ImthatRootuser

Wow BTC didn't even move up $1k on NYE.

First_Bother_4177

Crypto is neither. It is speculation. BTC and blockchain in general have real world value (much more so than gold which is materially useless and is only valued in terms of fiat currency) yet the sheer volatility of cryptocurrency makes it untenable as currency.

magoojc

Same as you...$3.46 of BTC...to go with my $2.74 of Solano and $2.56 of Etherium earlier this week.

wave_action

Damn thought you got 3.46 BTC!

GreenGameboyColor

Waited 2.5 hours for $3 in BTC 😒

TheInkDon1

Yeah, listen to u/Former-Bird1510, he's got it down: 30-45DTE due to the shape of the theta curve and how quickly time value bleeds out. As far as I know, that idea is from TastyTrade, who also advocate buying them back when they've lost half their value. I do that, so I disagree with FB1510 on 90%, but that works too. It's just that you'll find that they typically lose half their value in less than half the time, so when you buy it back at half and then sell another one, it'll lose half before the first one would've gotten down to 10%. So like this: Sell a 30DTE Call. It likely loses half in 10 days (not 15 as you might expect). BTC and sell another one. 10 days later you're BTC'ing that one and selling another one. It decays to half in 10 days. So in that 30 days you sold 3 "halves". Which is better than getting just 2 halves (1 whole) in the same time. Kinda like that, but don't hold me to the 10 days. Oh, and PMCCs are great, they're all I do now (but only on ETFs). You'll need Level 2 (spreads) options approval, but it's usually easy to get. Cheers!

robertmsolis

You still have $2.82 in BTC after that 4 hours.

Which_Froyo1724

They revealed gift 6 tonight and just got $3.46 of BTC 😂😂

Automatic-Cream-2547

Nice got $3.46 in BTC.

SageLeaf1

Psyche, I got $3.46 of BTC

AshySweatpants

Not true, the McRib is tied to Bitcoins success. Every time the McRib has come out Bitcoin has skyrocketed. I just shat my brains out eating one so I bought BTC.

PM_ME_PLASTIC_BAGS

Just sell the Porsche and buy shitcoins. In 1 year you could then sell that for $2 in BTC.

Paul_Robert_

Porsche 911 GTS, ~35k hermies bag, Rolex Daytona watch, $3 in BTC

NVDAismyg0d

Can’t wait to win $3 of BTC!!! Yay

BasedSandalGod

porsche 911, rolex daytona, berkins bag, & 1.5m BTC giveaway

rd26

My crypto port on fire this week. Exclusively provided by RH. Excited to add another $2 and change to BTC tomorrow. https://preview.redd.it/rp3tj3268nag1.jpeg?width=1080&format=pjpg&auto=webp&s=37f076fb0ac7a25bfa8e3a5eb2d6000d4d2d8b0e

poorat8686

I want a Charlie Kirk cybertruck instead that says “GME BTC APE” on the back so nobody will ever talk to me ever again

pmotiveforce

"Imagine wanting the Porsche when $0.78 in BTC will be worth like $3M in 5 years, lol." - Overheard, Actual Crypto Tard

pacmandaddy

I don't have room to park any Porsche where I live, so I'll take the $2 in BTC instead, and be happy with that.

Bbronson123

The best day 😭 Rolex Porsche Birkin bag BTC

AlmightyCheesusCrust

Can’t wait for my $2.00 in BTC 🙏

SellNoCell

I'm already spending my $1.68 in BTC in BTC in my head, oh the things I could do!

BosSF82

BTC down 6% in 2025, SPY up 16% in 2025

NochillWill123

BTC not looking to good lol I don’t want to see my crypto port ugly

crunchsoop

Dude. He is right, not a bot, not an employee of someone who trying to make money on you. Congress members were secret loading BTC over the last 2 months and late declaring trades. You might be about to smoked. Maybe not. Do your thing how you will. Do your own research if you haven't already. The other point I'll make... Ibit is blackrocks highest revenue vehicle right now. BTC market cap is not higher than other vehicles that are manipulated by lesser institutions. They are not killing the golden goose.

Same-Fox9304

Donald Trump is desperately trying to bring $DJT back alive the last 2 weeks or so. I still find it crazy presidents and politicians are directly involved in stocks rather than index funds. Here are all the stocks and industries that Donald Trump inside trades: DJT BTC Rare earth stocks - MP, UUU, USAR, etc. Nuclear stocks - OKLO, SMR, etc. Freddie Mac, Fannie May Solar stocks Anything else I missed?

Clean_Difficulty_225

Yup, and add even more areas of contagion: cryptocurrency bubble where "assets" like BTC are trading >$87k when they're basically just vapor/worthless, the rampant fraud with organizations like Tether, the ticking time bomb that is MSTR, etc. It really is the perfect storm coming together for a total global macroeconomic meltdown.

Significant_Yak_1108

Investing. Banks are backing BTC and ETH now.

AmericanScream

Fun Fact: BTC couldn't function without government licenses. All wireless communication requires FCC licenses (in the US, and similar licensing in other countries). So you avoid none of the above using bitcoin. You're still wholly dependent upon government permission, and government can decide to outlaw bitcoin if they so wanted. That doesn't mean they can get rid of 100% of it, but they can render it largely unusable if they so desired.

cheddarben

I did put 1% into crypto for a while and since stopped. I did fine. I think there is a case where BTC is a store of value... maybe. As of right now, there is no real use for Bitcoin other than just sitting there. I think it is a way for really rich people to extract wealth from the masses. Yes, there is some parroting behavior by less wealthy people (shit coins), but the goal is to extract wealth from others with promises of nothing but emotion. I mean, I guess I don't *feel* like an owner of anything on the S&P either and ultimately I think the same thing about the general market to some extent, but at least it is tied to nuts, bolts, and other tangible and intellectual ownership. Maybe it is all made up. cumrocket is more made up, for sure (which anybody invested in the S&P500 has a vested interest in, interestingly)

AmericanScream

> Would you pay $10 for 1 BTC Nope. I don't care. I don't like playing in markets that promote everything from fraud and cyber terrorism to drug cartels and human trafficking.

AmericanScream

> And Bitcoin has some value for transferring money This is misleading. Bitcoin is not "money." #Stupid Crypto Talking Point #7 (remittances/unbanked) "**Crypto allows you to send "money" around the world instantly with no middlemen**" / "**I can buy stuff with crypto**" / **"Crypto is used for remittances"** / **"Crypto helps 'Bank the Un-banked"** 1. The notion that crypto is a solution to people in countries with hyper-inflation, unstable governments, etc does not make sense. Most people in problematic areas lack the resources to use crypto, and those that do, have much more stable and reliable alternatives to do their "banking". See [this debunking](https://www.youtube.com/watch?v=tspGVbmMmVA&t=4334s). In virtually every case, there are [already money transfer services far superior to crypto](https://en.wikipedia.org/wiki/Instant_payment#Notable_instant_payment_systems_by_country). 2. [Sending crypto is NOT sending "money"](https://www.youtube.com/watch?v=tspGVbmMmVA&t=4118s). In order to do anything useful with crypto, it has to be converted back into fiat and that involves all the fees, delays and middlemen you claim crypto will bypass. 3. Due to Bitcoin and crypto's volatile and manipulated price, and its inability to scale, it's proven to be [unsuitable as a payment method](https://www.bloomberg.com/news/articles/2021-06-14/crypto-currencies-not-good-medium-for-payments-boe-chief-says?srnd=markets-vp) for most things, and virtually nobody accepts crypto. 4. The exception to that are criminals and scammers. If you think you're clever being able to buy drugs with crypto, remember that thanks to the immutable nature of blockchain, your dumb ass just created a [permanent record that you are engaged in illegal drug dealing and money laundering.](https://blog.chainalysis.com/reports/combatting-trafficking-with-blockchain-analysis/) 5. Any major site that likely accepts crypto, is using a third party exchange and not getting paid in actual crypto, so in that case (like using Bitpay), you're paying fees and spread exchange rate charges to a "middleman", and they have various regulatory restrictions you'll have to comply with as well. 6. Even sending crypto to countries like El Salvador, who accept it natively, is not the best way to send "remittances." Nobody who is not a criminal is getting paid in bitcoin so nobody is sending BTC to third world countries without going through exchanges and other outlets with fees and delays. In every case, it's easier to just send fiat and skip crypto altogether. It's also a huge liability to use crypto: [I.C.E. has a $12M contract with Chainalysis to identify immigrants in the USA who are using crypto to send money to family back home](https://archive.ph/CoNVI). 7. At one point El Salvador was the cited as the best example of a "bitcoin success story" but now it's left out of arguments on using Bitcoin for failed economies. Why? Because we have enough time and data now to show it was a failure. [BTC adoption has dropped every year from 22% when it was first introduced, down to 8%.](https://en.wikipedia.org/wiki/Bitcoin_in_El_Salvador) El Salvador dropped BTC requirements in order to qualify for money from the IMF to fix their failing economy. Bitcoin failed to help. Bitcoin was rejected by the people. Crypto bros ignore examples that have been around long enough to prove success or failure and point to other, newer countries where there isn't sufficient data, instead as a distraction. 8. As more research becomes available, we begin to see [a multi-year, consistent, decrease in crypto payments over time](https://www.kansascityfed.org/documents/11707/PaymentsSystemResearchBriefing25HayashiRouth0924.pdf). 9. The exception doesn't prove the rule. Just because you can anecdotally claim you have sent crypto to somebody doesn't mean this is a common/useful practice. There is no evidence of that.

AmericanScream

>People used to laugh and say, “That’s not investing, you’re basically at a casino.” Too volatile. No fundamentals. Pure luck. >Fast forward a few years and now the same thing is an “asset class.” ETFs, institutions, serious money. >Do you think it's still gambling or do you invest part of your money in crypto now? #Stupid Crypto Talking Point #8 (endorsements?) "**[Big Company/Banana Republic/Politician] is exploring/using bitcoin/blockchain! Now will you admit you were wrong?**" / "**Crypto has 'UsE cAs3S!'**" / "**EEE TEE EFFs!!one**" 1. Crypto was originally, "disruptive technology" destined to "replace the banking/finance system". Now with [the truth slowly surfacing regarding blockchain's inability to be particularly good at anything](https://www.youtube.com/watch?v=tspGVbmMmVA), crypto people have backpedaled to instead suggest, "Hey it has 'use-cases!'" The operative issue isn't whether crypto & blockchain can be "used" here-or-there. The issue is: *Is there a good reason? Does this tech actually do anything better than what we have already been using?* And the answer to that is, [No.](https://ioradio.org/i/blockchain-claims/) 2. Most of the time, adoption claims are wrong. Just because you read some press release does not mean any major government, corporation or other entity is embracing crypto. It usually means someone asked them about crypto and they said, "We'll look into it" and that got interpreted as "adoption imminent!" 3. In cases where companies did launch crypto/blockchain projects they usually fall into one of these categories: * Some company or supplier put out a press release advertising some "crypto project" involving a well known entity that never got off the ground, or was tried and failed miserably (such as [IBM/Maersk's Tradelens](https://www.maersk.com/news/articles/2022/11/29/maersk-and-ibm-to-discontinue-tradelens), [Australia's stock exchange](https://www.reuters.com/markets/australian-stock-exchanges-blockchain-failure-burns-market-trust-2022-12-20/), etc.) See also [dead blockchain projects](https://weh.wtf/34-blockchain-projects.html). * Companies (like VISA, Fidelity or Robin Hood) **are not embracing crypto directly**. Instead they are *partnering with a crypto exchange* (such as BitPay) that will either handle all the crypto transactions and they're merely licensing their network, or they're a third party payment gateway that pays the big companies in fiat. There's no evidence any major company is actually switching over to crypto, or that any of these major companies are even touching crypto. It's a huge liability they let newbie third parties deal with so they have plausible deniability for liabilities due to money laundering and sanctions laws. * What some companies are calling "blockchain" is not in any meaningful way actually using 'blockchain' tech. For example, IBM's "Hyperledger" claims to have "[blockchain design philosophy](https://8112310.fs1.hubspotusercontent-na1.net/hubfs/8112310/Hyperledger/Offers/Hyperledger_Arch_WG_Paper_1_Consensus.pdf)" but in reality, it is not decentralized and has no core architecture that's anything like crypto blockchain systems. Also note that IBM has their own trademarked phrase, "IBM Blockchain®" - their version of "blockchain" is neither decentralized, nor permissionless. It does not in any way resemble a crypto blockchain. It also remains to be seen, the degree to which anybody is actually using their "IBM Food Trust" supply chain tracking system, which we've [proven cannot really benefit from blockchain technology](https://www.youtube.com/watch?v=tspGVbmMmVA&t=2108s). 4. Sometimes, politicians who are into crypto take advantage of their power and influence to force some crypto adoption on the community they serve -- [this almost always fails](https://truthout.org/articles/miamis-mayor-went-all-in-on-cryptocurrency-his-constituents-suffered/), but again, crypto people will promote the press release announcing the deal, while ignoring any follow-up materials that say such a proposal was rejected. 5. Some funds/fund managers are buying crypto? So what. It's not like fund managers don't do favors for insiders/friends or never make poor choices. If some Harvard-adjascent fund buys BTC that doesn't mean "smart people recognize Bitcoin!" Not hardly. The exception doesn't prove the rule 6. Just because some company has jumped on the crypto bandwagon doesn't mean, "It's the future." McDonald's bundled [Beanie Babies](https://i.imgur.com/McdwlxA.jpg) with their Happy Meals for a time, when those collectable plush toys were being billed as the next big investment scheme. Corporations have a duty to exploit any goofy fad available if it can help them make money, and the moment these fads fade, they drop any association and pretend it never happened. 7. Crypto ETFs are not an endorsement of crypto. (In fact part of the US SEC [was vehemently against approving ETFs - it was not a unanimous decision](https://www.sec.gov/newsroom/speeches-statements/crenshaw-statement-spot-bitcoin-011023)) They're simply ways for traditional companies to exploit crypto enthusiasts. These entities do not care at all about the future of crypto. It's just fee income, and the moment it becomes unprofitable for them to run the scheme, they'll drop it. It's simply businesses taking advantage of a fad. Crypto ETFs though are actually worse, because they're a vehicle to siphon money into the crypto market -- if crypto was a viable *alternative* to TradFi, then these gimmicky things wouldn't be desirable. Also [here](https://youtu.be/P5LKZ1-6BWM) is mathematical evidence MSTR is a Ponzi. 8. Countries like [El Salvador](https://www.economist.com/finance-and-economics/2025/03/02/el-salvadors-wild-crypto-experiment-ends-in-failure) who claim to have adopted bitcoin really [haven't in any meaningful way.](https://reason.com/2024/10/31/a-week-of-failing-to-pay-with-bitcoin-in-el-salvador/) El Salvador's endorsement of bitcoin is tied to a proprietary exchange with their own non-transparent software, "Chivo" that is not on bitcoin's main blockchain - and as such [isn't really bitcoin adoption as much as it's bitcoin exploitation.](https://news.ycombinator.com/item?id=28446794) Plus, USD is the real legal tender in El Salvador and since BTC's adoption, [use of crypto has stagnated](https://www.bloomberg.com/news/features/2022-11-04/el-salvador-s-bitcoin-revolution-is-failing-badly). Adoption continues to [decline in El Salvador each year](https://www.swissinfo.ch/spa/el-salvador-registr%C3%B3-en-2024-el-menor-uso-del-bitc%C3%B3in-desde-su-adopci%C3%B3n-en-2021/88736952). Also note [Venezuela has now scrapped its state-sanctioned cryptocurrency](https://www.foreignbrief.com/venezuela-to-scrap-state-cryptocurrency/). Now [El Salvador has abandoned Bitcoin as currency](https://ticotimes.net/2025/02/02/el-salvador-abandons-bitcoin-as-legal-tender-after-failed-experiment), [reversing its legal tender mandate.](https://www.france24.com/en/live-news/20250130-el-salvador-merchants-no-longer-obliged-to-accept-bitcoin). 9. Some "big companies are holding crypto on their balance sheet" - So what? They're just trying to pump their stock price to take advantage of the temporary crypto mania. It's not any more substantive than that iced tea company that changed their name to "Blockchain iced tea company" and got a bump to their stock price. It won't last, and it's a gimmick and not financially sound. The biggest of these is [MSTR whom critics are saying makes the company into a Ponzi](https://www.ccn.com/analysis/business/microstrategy-ponzi-scheme-bitcoin-strategy-mstr-saylor-btc/) 10. Case In Point: In 2025, the big announcement was burger chain Steak and Shake was going to accept bitcoin. The truth is, [the company is getting paid in USD and using a third party exchange to process BTC payments and give them fiat](https://www.nasdaq.com/articles/steak-n-shake-now-accepting-bitcoin-lightning-network-across-us-locations). Another misleading news story. 11. Other Big-Company-Crypto-Failures: [Kodak](https://www.msn.com/en-us/news/technology/a-flash-in-the-pan-the-strange-story-of-kodaks-ill-fated-crypto-venture/ar-AA1Krm7t), [Steam](https://steamcommunity.com/games/593110/announcements/detail/1464096684955433613), [Wal-Mart and IBM](https://fintechmode.com/news/business/walmart-halts-its-blockchain-plans-for-food-traceability/), [Microsoft](https://www.zdnet.com/finance/blockchain/microsoft-is-shutting-down-its-azure-blockchain-service/), [a major consortium of European corporations who pulled the plug on their blockchain projects](https://www.ledgerinsights.com/major-insurers-pull-the-plug-on-b3i-insurance-blockchain-consortium/), [Maersk](https://www.supplychaindive.com/news/Maersk-IBM-shut-down-TradeLens/637580/). Even though these companies discontinued any association with crypto years ago, proponents still hype the projects as if they're still active. So, whenever you hear "so-and-so company is using crypto" always be suspect. What you'll find is either that's not totally true, or if they are, they're partnering with a crypto company who is paying them for the association, not unlike an advertiser/licensing relationship. **Not** adoption. Exploitation. And temporary at that. We've seen absolutely no increase in crypto adoption - in fact quite the contrary. More and more people in every industry from [gaming](https://www.theverge.com/2021/10/15/22728425/valve-steam-blockchain-nft-crypto-ban-games-age-of-rust) to [banking](https://www.reuters.com/business/finance/us-federal-reserve-rejects-crypto-focused-banks-application-be-supervised-by-2023-01-27/), are rejecting deals with crypto companies.

AmericanScream

>Not meme coins. Just buying Bitcoin. #Stupid Crypto Talking Point #16 (Bitcoin is different) "**Bitcoin is not "crypto**" / "**Bitcoin is different / a "commodity"**" 1. This is what's known as an "Unstated Major Premise" fallacy. A Naked Assertion. Often employed as a begging-the-question fallacy. Just because you say "Bitcoin is different" doesn't mean it is. 2. There's absolutely no functional/material difference between BTC and thousands of other crypto-currencies, including versions using the exact same codebase. 3. The *only* distinction BTC (currently) holds is that according to various shady, unregulated exchanges, it seems to be trading at the highest price point. But even those figures are dubious [due to the lack of transparency and oversight in the industry.](https://www.reddit.com/%72/Buttcoin/comments/1g3oov8/why_does_bitcoin_suck_tell_me_your_fundamental/lrzi15b/) Just because one crypto is more popular, doesn't mean it's fundamentally different than others. BTC shares 99.9% of its DNA with many cryptos including BCH, BSV and thousands of others. 4. Crypto evangelists try to move the goalposts between bitcoin (the technology) and bitcoin (the "investment"). When you note that [bitcoin and most cryptos depending upon the context can pass the Howey test and be classified as securities](https://www.investopedia.com/does-crypto-pass-the-howey-test-8385183), they will reference bitcoin as a "technology" and not an investment. And it's true, the tech itself isn't packaged as an investment, **but** various others do package crypto as an investment, and it's a pretty well established underlying concept throughout all of crypto (buy, hold, you will make money) - and those tenets are principals in the Howey test indicating there's an "investment contract" being promoted. For example, right now the SEC may not consider BTC itself a security, but the process of staking BTC (and other cryptos) and offering a return, **[that is absolutely considered a security](https://www.sec.gov/oiea/investor-alerts-and-bulletins/exercise-caution-crypto-asset-securities-investor-alert)**. 5. The **only** "gray area" when it comes to whether bitcoin is a security rests on tier 4 of the Howey Test which suggests "a security has to be dependent on the work of others for returns to be generated." People argue over whether bitcoin fits this description. **BUT**, the same dynamic applies to all other cryptos as well, so there's nothing special about bitcoin in that respect. It can also be argued that "the work of others" can be the constant recruitment of "greater fools" to buy in later, which is the dynamic of a classic [ponzi scheme](https://ioradio.org/i/ponzi/). 6. Just because some people at the SEC, early on, said "bitcoin is a commodity" doesn't mean it will always stay classified as that way. As we've already stated, because of the decentralized nature of these schemes, there is no one instance of "bitcoin" - depending upon how you use the crypto, you can be serving it as a security/investment, or not. And we are seeing more and more, the SEC, the CFTC, the NYAG and other legal entities cracking down on [the use of illegal/unlicensed securities](https://www.nytimes.com/2023/01/12/technology/sec-crypto-gemini-genesis.html). So anybody making blanket statements about Bitcoin being immune from securities laws is lying. And by the way, one of the prongs of the Howey Test (as well as the identification of Ponzi Schemes) is making promises about returns, and/or misleading people as to the true nature of the risks involved. This is common practice with bitcoin.

Emotional_Ad3951

I'm up 6 figures on BTC alone. Call it what you want. I don't do shit coins. I have some into ETH and a small amount into SOL. Nothing else. Paid my taxes. Taken my profits and put it the profits into VTI and my retirement. May rejoin if BTC hits $50k. I think it remains in a transition period and we are still finding the intrinsic value with the ongoing adoption. Calling it gambling or a sure fire thing are both dangerous and foolish. Not being able to accept changes is also equally dangerous.

kpeng2

BTC and eth are investments, shit coins are gambling

Safe-Painter-9618

Imo BTC is a VERY long term investment. Crypto is gambling. But no different than a high risk stock. Don't put in what if you're not prepared to lose all of it.

Senditwsb

Saylor has already done the damage control with $2.1bil in reserve, and $87,500 has a very strong demand level with BTC. I think we’re at the bottom.

Senditwsb

Deep on mstr calls expecting a v shaped recovery beginning soon. Trading with basically no premium on BTC with a strong company behind the treasury and huge % of float short.

VictorChristian

Just my opinion so, meaningless I suppose but I'm waiting for BTC to stand on its own. The fact that most of the narrative is BTC is worth X amount of USD is somewhat off-putting to me. It's still not the universal currency it hopes to be. Maybe one day, I'll just keep buying small amounts until then, though.

bill_txs

Would you pay $10 for 1 BTC if you had to wait a year to receive it? If your answer is yes, then you are willing to pay for the access to the bitcoin network. Don't confuse the network effects with the token. Anyone can make another bitcoin, but it's much harder to make a new bitcoin network just like it's hard to make a new internet.

ThatFUTGuy

turns out on low volume days crypto treasuries trace SPY instead of BTC??? odd behaviour

___Art_Vandelay___

Show me this "monetary base layer" you speak of, and I'll show you countless BTC holders who have never used it as a currency.

Aurorion

It's not useful to estimate long-term price targets of Bitcoin in fiat terms, because its raison d'être is as a hedge against monetary debasement. A better way is to consider in terms of other SoV assets - e.g. gold. As of today, gold's total market value (as imperfect it is to try to estimate such a figure for gold!) is around 16x that of BTC. I think that's a good right tail estimate, as you put it. In other words - BTC could be worth 16x its current $ value, in _today's $ terms_. Why? Because it is gaining in popularity as a store of value asset. While SoV assets as a whole are gaining popularity too, because of profligate spending and excessive money printing by governments and central banks. Now will it really match gold in terms of overall popularity and total market value? I am not sure, hence I actually hold more gold than Bitcoin in my portfolio. But I think there is a decent chance it will.

Zephyr4813

I should be working and im on my phone so difficult to address everything you just said rn. Ill just say that BTC’s value is OBVIOUSLY tied to the traditional financial system as that’s where money often flows from. You’re completely missing the point of it being detached from government. The point is that the government cannot effectively seize or prevent you from doing a transaction on the bitcoin network. The same cannot be said about the banking system.

trapsinplace

I think it does matter because BTC seems to be heavily tied to the US market nowadays which makes the unique perk of being untied from government power pointless. The reason people started investing in it was because it was unregulated and alternative to governments. Now the vast majority of owners own it via government regulated and controlled means and it ebbs and flows with the rest of the market. Not to say there isn't value in it. I just don't think it brings a unique value anymore for most of its owners. The only people who find a unique value in Bitcoin are the ones doing stuff their governments consider illegal. Everyone else might as well be investing in a gold ETF because Bitcoin isnt all that detached from that kind of market anymore. On the currency topic, by your own words and definition, Bitcoin is not money. That's why I find that part weird I guess. You exchange your apples for a currency. A currency is then used to buy other things. If you first exchange your apples for Bitcoin, then exchange Bitcoin for currency, that doesn't mean Bitcoin is money. It makes Bitcoin something you exchange for currency, like apples. It's in a longer lasting form than an apple sure, but even that isn't unique to Bitcoin. I could buy RAM and it will last quite a long time and it could jump in price suddenly. I could buy gold if I wanted to speculate in an asset that can be exchanged for USD. Your words are only affirming that yes Bitcoin is a speculative asset whose value is in exchanging it for fiat.

_176_

Is buying gold gambling or an investment? I think these types of alternative investments are basically things with bad fundamentals but that can de-risk and diversity a portfolio. People have trading cards, art, precious metals, and digital assets. Personally, I keep this type of stuff to a small percent of my portfolio as a FOMO-hedge. I bought 2 BTC in early 2017 for $1.5k each because my coworkers were really into it. It seemed stupid at the time but it was an amount I was fine with losing but I wouldn't be left out if my coworkers were right. Was that an investment? Idk what else I'd call it. I thought my expected return was positive and I still think that was the correct assumption.

Glittering-Fail-8056

Calls on slv isn’t any different from calls on BTC

Ok-Helicopter-641

Will BTC goes to a million?

Miam_Lanyard

Ask yourself, why are people rushing to buy bars of silver right now? It is a store of value. Bitcoin is the same idea. Anyone thinking it will go to zero in 2025/2026 is simply wrong. It has had large swings, but it's been beyond $100 a coin for almost 10+ years now. 21 million BTC forever, not owned by any bank or government. When I started reading into it and understanding why 1 coin is worth anything at all, I opened an account and started buying. I still invest in ETFs and have a 401k, but the past year especially has showed us the dollar is dying and the government doesn't care, and especially banks don't give a shit about you. Bitcoin is true 24/7 365 peer-to-peer currency without borders, and even in bear markets, is still holding value for millions across the globe.

bill_txs

It is a high risk investment. The crypto market continues to gain market value and BTC and ETH in particular have captured high percentages of that market. The investment thesis is that over time, BTC will gain traction as a digital alternative to gold as a monetary asset. The fact that it's unclear whether this adoption will happen or how deeply is the reason why BTC is valued only at 10% of gold. Gold is also a speculative asset in that it is widely believed to store value which is why central banks hold it in reserves. You might find there are differences between how old someone is and whether they consider gold or BTC a superior store of value. What does this mean in 20 years as the generations shift? Investors under 40 are 3x more likely to view BTC as a superior store of value compared to gold. When/if BTC matures, is it likely a store of value asset will outperform a productive asset (like the S&P). Judging by gold, the answer is no. But gold has outperformed more conservative investments such as treasuries. So I would say it is a higher risk investment similar to an individual small cap tech stock. It may perform well but there is some risk of a large loss as well. This is why it's not recommended to allocate more than 1-10% to this.

atx78701

BTC does have utility, which is a store of value outside governmental control

atx78701

I would say gambling before, but now investing. It is closer to commodities though which is often times gambling I generally think of investing as buying things that have utility Land doesn't necessarily cash flow but is still an investment. BTC has utility to protect yourself from the international banking system and not be beholden to governmental banking controls People in restricted countries can hide wealth, people can take wealth across borders, people can transact with less government tracking

pseudonominom

I see you’ve never sent a wire transfer. BTC transactions are infinitely easier than that.

pseudonominom

Seriously. I think Saudi Arabia just a few years ago literally confiscated billions of dollars from a bunch of families that “weren’t with the program”. It’s nuts that people don’t see the angle. If buying rare cars and extra homes and land and shiny rocks are valid diversification tactics, then so is BTC at some level.

pseudonominom

Before the internet you needed an FCC license to reach an audience. I see BTC as no different.

Opposite_Mind2397

Facts got $2. BTC. SOL. XRP. I wonder who got the real gifts

Comfortable_Job_9262

55% ETFs 10% Bonds 20% Stock 10% Gold 5% BTC

Weary_Strawberry2679

Who's trying to convince you to do anything? You can continue sleeping for as far as I'm concerned. :) I'll continue holding small portions of 5-10% the size of my portfolio in BTC and ETH, and, let's see what happens. Cheers mate.

BosSF82

No new highs in 3 months and BTC under $90k, a real limp dicked end to the year…