BTCBRZ
Bitcoin / Brazilian Digital Token
crypto

Here’s a balanced, evidence-based reply you could post:
I think the truth is somewhere in the middle. Derivatives, futures and other forms of “paper Bitcoin” absolutely influence short-term price discovery because they allow exposure without everyone buying spot BTC. That can reduce immediate buying pressure and dampen volatility.
But they can’t create actual Bitcoin. If long-term holders continue removing coins from exchanges while ETFs, corporations, governments and retail investors keep accumulating, eventually real supply becomes scarce. At that point, derivatives can’t manufacture deliverable BTC they can only transfer risk between market participants.
That’s why I don’t think “paper Bitcoin” can suppress price forever. It may delay or smooth the move, but if spot demand consistently exceeds the amount of Bitcoin people are willing to sell, the market eventually has to reprice. History has shown that supply shortages in scarce assets tend to resolve with higher prices, not lower ones.
The real question isn’t whether paper Bitcoin exists it clearly does. The question is whether there will be enough real BTC available when the next wave of buyers wants actual ownership. If not, that’s when a true supply shock becomes possible.

It’s going to take a long time for BTC. We are very early. But this is the path for all money. It has to be a store of value BEFORE it can be widely adopted as form of payment.

S&P500 down 1.21%, BTC down 1.45%. Not sure what you're trying to say.

We all know that BTC carries a substantial premium over ETH, even after adjusting for its lower supply. There are roughly six ETH in circulation for every BTC, yet one BTC currently costs about 34.5 ETH. That gives BTC a scarcity-adjusted premium of approximately 5.75x over ETH.
But how does ETH compare with the other top crypto assets?
The table below calculates what each token would be worth if its circulating market cap equaled ETH’s, based on its current circulating supply. It then shows the premium ETH currently commands over that token after adjusting for the difference in supply.
Interestingly, ETH carries a significant scarcity-adjusted premium over every token on the list. BNB and XRP come closest, while the premiums over assets such as ZEC, XMR, LTC, AVAX, and CRO are dramatically larger.
|Token|Supply|Supply vs. ETH|Price|ETH-parity price\*|Value vs. ETH|ETH premium|
|:-|:-|:-|:-|:-|:-|:-|
|**BNB**|133.17M|1.10x|$567.50|**$1,708**|**0.332x**|**3.0x**|
|**XRP**|62.47B|517.61x|$1.11|**$3.64**|**0.305x**|**3.3x**|
|**SOL**|582.87M|4.83x|$76.00|**$390.27**|**0.195x**|**5.1x**|
|**TRX**|94.88B|786.18x|$0.3272|**$2.40**|**0.136x**|**7.3x**|
|**HYPE**|252.75M|2.09x|$57.88|**$900.00**|**0.064x**|**15.5x**|
|**DOGE**|155.19B|1,285.96x|$0.06961|**$1.47**|**0.047x**|**21.1x**|
|**LEO**|920.14M|7.62x|$9.71|**$247.22**|**0.039x**|**25.5x**|
|**ZEC**|16.79M|**0.14x**|$505.12|**$13,552**|**0.037x**|**26.8x**|
|**XMR**|18.78M|**0.16x**|$356.00|**$12,111**|**0.029x**|**34.0x**|
|**LINK**|748.10M|6.20x|$8.50|**$304.07**|**0.028x**|**35.8x**|
|**XLM**|34.17B|283.18x|$0.1835|**$6.66**|**0.028x**|**36.3x**|
|**ADA**|36.49B|302.33x|$0.1692|**$6.23**|**0.027x**|**36.9x**|
|**CC**|39.14B|324.33x|$0.1227|**$5.81**|**0.021x**|**47.4x**|
|**BCH**|20.07M|**0.17x**|$211.56|**$11,337**|**0.019x**|**53.6x**|
|**GRAM**|2.73B|22.65x|$1.46|**$83.23**|**0.018x**|**57.0x**|
|**LTC**|77.42M|**0.64x**|$47.43|**$2,938**|**0.016x**|**61.9x**|
|**HBAR**|43.79B|362.86x|$0.07191|**$5.19**|**0.014x**|**72.2x**|
|**SUI**|4.05B|33.58x|$0.7472|**$56.13**|**0.013x**|**75.1x**|
|**AVAX**|431.77M|3.58x|$6.31|**$526.84**|**0.012x**|**83.5x**|
|**CRO**|47.27B|391.72x|$0.05708|**$4.81**|**0.012x**|**84.3x**|
\*ETH-parity price is the theoretical token price if its circulating market cap equaled ETH's, based on its current circulating supply.

Lol. “
 If you keep your savings in BTC you are (in theory) removing yourself from the inflationary controls that the government has” BTC is attached to the money market, when easy cash is available BtC goes up. When cash is restricted BTC goes down because omg its a speculative asset not a currency or a hedge against inflation. 

Tokenization fails because there’s no link between the chain and reality. If you put your ID on chain, and someone takes your wallet they don’t become you. They don’t get to move into your house and fuck your wife.
The only things that can be represented on-chain effectively must be *entirely* on chain like BTC for example. Even stablecoins don’t really make sense, if someone takes the money out of the account you don’t have shit, and issuers can freeze the tokens in your wallet

I worked at this sorry corporation. I was hired as software support. So, Oracle hired me and a few other 20 somethings, and fired the entire team from the company they purchased. They handed me an End-User manual, told me to hit the ground running, and had me sit in an empty room, WITHOUT A COMPUTER, to train for 5 weeks.
Once I started supporting LATAM, they asked me to support North America too. Sure, why not. Then they added me to Europe, which became a problem in the first 10 minutes. I spoke to my manager and he told me "he would look into it".
I was then added to support ASIA a week later. WSB is full of astronauts compared to Oracle's leadership. I hope to see them turn into Worldcom, Tyco, Evergrande, or another one of the greats ....
I thought I would be bending spoons, getting my regard on .... Turned out I wasn't regarded enough. So, I left after a year. Puts on Oracle. Or at the very least, NEVER buy anything they are tied to, they are shady and cruel. If you own a business, do not buy their software, or get stuck in a contract with more hooks than Tijuana.
"Oh, one of our engineers allowed someone to access your server, encrypt it, and request BTC to unencrypt? So, ransomware, which we sort of facilitated? Pay us $9k and we'll fix it" ....
F**k Ellison.

btc broke $65k at noon UTC on heavy vol - roughly 4x the normal 4h candle. bounced back above since but recovery is thin, maybe a quarter of the sell volume. that pattern doesn't usually hold. ETH same picture - 80k contracts on the flush, 13k on the bounce. not calling a reversal here. sitting flat and watching for either BTC to reclaim $65.5k on a 4h close with real follow-through, or ETH to actually tap $1843-$1858 and show some structure there. dead cat vibes until one of those happens imo

I am holding BLOX for the long term. Reinvesting and waiting for BTC and ETH to go back up.

like basically Can you receive BTC from Cash App and forward it to my Wasabi address? middle man or wtv.. but only if thats allowed by the subreddit because i might need this sub later

Ärgern bringt auch nix. Hatte damals als Teenager meine 5 BTC für 20 € oder so zum rumspielen, hab an irgendwelche Open Source Projekte gespendet usw.
6 Jahre später das Wallet in einem Backup wiedergefunden und es waren tatsächlich noch 0.2 BTC drauf :)

Can I have that 112k BTC back?

Does not seem to be that well calculated, the whole time BTC whent over 100k I knew it was not going to last, it always ends up dropping down 40% from its all time highs. I put 5k into BTC when it hit 58k a few weeks ago, that seems like an actual well calculated buy.

My problem is that it's all gains. I have to be able to manage the taxes. Which is why I prefer BTC backed mortgage.
I've sold the vast majority of the blocks I mined at 50 BTC at around $400 - and that's ok! But what I have left I've been selling and buying back. The 3.5% is meaningful for me because it covers the $299 monthly cost of Coinbase one. In addition, while I sell and buy to save for a home, the 3.5% helps!
There's a lot going on with the bill, but the biggest thing I can see is that traditional banks do not want crypto. They can't rehypothecate BTC and that's a problem for their model.

Ausbildung, Wohnung gekauft zur richtigen Zeit, Studium, bei nem Kumpel über BTC gelernt 2016, 2017 Geld in BTC gesteckt —> 2020 über 100k in BTC & 200k in der Wohnung.

BTC in self custody is the only way to escape the financial industrial complex. Buying tokenized or a gold ETF doesn’t interest me because I have no idea if I actually own any physical gold or just a token. For me this comes down to privacy and security and Bitcoin allows me to beat inflation and remain financially sovereign that pretty much nothing else can do besides physical assets like gold or property but even then those assets are subject to seizure. I’d recommend listening to Simon Dixon he’s a lot smarter than me.

That is why I stopped trading alts and just hold core bags. If you need cash, borrowing against BTC on Nexo keeps you liquid without selling. Holding $NEXO drops rates as low as 1.9% so your stack stays safe.

>**Don't accept the cookies,**
>**Liquidity from rookies,**
>**Crypto for bullies.**
~Daily haiku until we’re at least at 0.178 on the ETH/BTC ratio or highest market cap

https://boltz.exchange
Great for swapping between BTC, Lightning Network, USDT, USDC.
They are non-KYC and out of El Salvador. Bitcoin there is legalized as a national currency.
Phoenix Wallet is an open source lightning wallet.

Hyperliquid has been very closely positively correlated to MU and negatively correlated to BTC in the past few months, which is absolutely not what you would expect from an altcoin. Why would a prediction market trade like a semi?