BTCUSDMOVEW20211224
Bitcoin December 24 2021 Weekly MOVE Contracts
crypto

Ok, lets give an example;
Dave has 1 BTC. Dave uses half of it and has not paid / declared his taxes.
The tax authority in question, have exhausted their options and 'tainted / blacklisted' Dave's address as he has commit a crime.
Dave now, opts to sell his 0.5 on an exchange p2p or otherwise, and I buy it.
As I have brought it and it is associated with Daves previous actions...
My question is; Would it affect me as a purchaser, or if I was to purchase it, would I encounter any difficulty if I was to legitimately use it, e.g to purchase goods etc.

Hope this helps

THORSwap (mentioned above) is the right call for non-custodial BTC→ETH. It routes through THORChain which uses native atomic swaps — BTC never gets wrapped into a custodian's hands, the chain handles the swap natively. Rango and Maya Protocol are alternatives on the same model.
A few things to know before you send:
**Timing:** THORChain waits for BTC confirmations (usually 1-2, so 10-20 min) before releasing ETH. Factor that in — it's not instant like an EVM-to-EVM swap.
**Liquidity depth matters:** For larger amounts (>1 BTC equivalent), check the THORChain pool depth first. Large swaps against shallow pools get hit with slip-based fees. Use [thorchain.net](https://thorchain.net) to check the BTC/ETH pool depth before committing.
**Wrapped BTC alternatives:** If you end up needing ETH-side BTC exposure rather than actual ETH, cbBTC (Coinbase-custodied, on Base/Ethereum) or WBTC (BitGo) are options — but those *are* custodial, just by a known entity with audits. Different risk than a random bridge.
**Avoid:** random "bridge" sites that wrap BTC through an anonymous multisig. The $31.7M bridge hack that just happened today is a reminder that unknown custodians are a real risk.
For your use case — native non-custodial, no CEX — THORChain is the answer. Just check pool depth for your size first.

I mean CEXes, ETFs, and similar that have BTC on paper but only becomes real when someone withdraws to their own wallet. Then they need to buy, and the price goes up.
The problem is people are buying BTC on paper but that doesn't impact the price because the physical demand lags behind.

You're cherry picking so hard. I can do that too. BTC beat anything anywhere in the last 15 years. There you go. Or BTC is up 300% today from Nov 2022. Wow this is fun.
Truth is if you simply bought btc in the second half of mid term years and sold in q4 of post halving years you'd be golden.

90-95% BTC, 5-10% Cash.
Sold house. Sold car. Live simply. Travel the world.
My most prized possessions are my strong backpack, hardware wallets and my passport. Everything else is optional 💗😆
The name of the game is Geoarbitrage.

Seeing the 3 main ones, BTC, ETH, and LTC- makes sense. They’re the global standards over the past decade.

Best bridge for BTC to ETH?

To me, seeing 0.5 in 12 months is highly optimistic. When looking at the famous 4 year cycle BTC chart, we just started bear market. I believe it will sink down more this year, especially in the Q4, and after that it will start going up again, slow and steady; and Cronos will finally start to follow it. My bet is CRO 0.5 in 2028.

The latest prospectus from T.Rowe lists these coins as eligible assets for their Price Active ETF just approved for launch by the SEC recently. (BTC, ETH, SOL, XRP, ADA, AVAX, LTC, DOT, DOGE, HBAR, BCH, LINK, XLM, SHIB, SUI)
https://www.sec.gov/Archives/edgar/data/2089855/000199937126013250/tknz-424b3\\\_062326.htm
Curious over time, how many other coins will actually be able to compete for inclusion in these ETFs over these more established coins?
Are the barriers to entry just too hard to breach and new coins won’t have a chance?
Are crypto index ETFs even a good idea? Or should filers stick to single coin ETFs and let the market decide the winners?

About 4 years ago.
Started with alts and fully transitioned into fully BTC 2 years ago.

90% BTC allocation. The last few years I invested everything into BTC. Slowly diversifying into MSCI World and building a small cash reserve just to stay liquid in an emergency.

Everyone and I mean everyone I knew said neck yourself if you buy BTC & fast forward 1-2 years, they all ask me how I’m doing and should I buy in now after 15k to 74k, history will repeat but at way higher prices my friend.
HODL, the time will come.

Motivation..
I was like you in 2022
Now i own +5 BTC
And trying my best to get to 10
Nothing comes quickly and easily
But remember that time goes quickly
Stay like this accumulate as much as you can in low prices and sell in high prices +100k$ dont be greedy
And then buy back at the lows
Keep going like that u got it!💪🏼

Got it. But how do we know when the price has actually bottomed out?
At this point, do you think there's a higher chance that BTC will fall further, or is it more likely to move higher from here?

Hi all, I am looking to buy BTC p2p, but before I do, is there a way in which I can check if the coins I purchase in advance are tainted? Is there a website or something this can be verified on?
I want to check this to avoid any problems in utilising the coin/s once purchased.
Thanks

Whether you can admit it (or not), alt currencies have created and holds its own niche. BTC integration into our financial markets signals legitimacy through institutional adoption, though other utility exists outside of this. Take all the time you need

You're wrong, you can use DEX aggregator like
https://switcher.finance/,
it has better rates than CEX and no counterparty risk (I lost 6 figures on MEXC when i deposited BTC to just
convert to USDT..)

Many cryptos did good last cycle tho. BnB, XRP, SOL outperformed BTC rois and bunch of other alts and memes too. But the question is did you take profits or kept holding and rode all the way down?

That's not how it works in this market. Crypto futures are mostly a cash settled market not a physically settled market.
Physical coin settlements for futures is actually pretty rare in crypto.
So no, you don't trade more BTC than what's available on the market. You just trade with what's available on the other side of the trade.
But you do trade more volume and trade sizes than what people actually have in their pockets, because of margins.
So between futures and bots, we always get the illusion that there's way more money and move volume in this market than there actually is.

Yes, I understand your point. Diversification is everything. It looks bad to tell people to buy index funds when you are all in BTC. Are you a registered representative?