BTCUSDT20240404C66500
Bitcoin / Tether USD Apr 4 2024 66500.00 Call
crypto

theres nothing to understand or learn besides no one actually uses BTC besides trying to convince others it is a store of value so they can dump higher

Alt season is loading. The round of rate cuts has started. QE is about to start when the Fed stops unloading treasuries from its balance sheet and starts buying up securities again.
There's a strong correlation between a raging stock market and Russell 2000 with alt season and the final parabolic rally up to the peak. Watch for BTC to break 135k and ETH to reach 6k. That's when alts start running.
Stock indexes are behaving like during the 2nd half of 2017, when there were no deep corrections throughout their rally. This helps to fuel the parabolic phase of crypto.

Agreed. Except there's well more than 1 million BTC on exchanges. We agree that even if there were it's just how many are there at the moment and it has nothing to do with the liquid or a liquid supply. But it's not true that there's only 1 million BTC on the exchanges.I don't know why people spread this except to possibly increase the number of people that want to buy? And since I'm a major investor in BTC I like it when everyone wants to buy but I want it to be based on accurate information.

So essentially you are saying we'll get another rally in BTC? Or you think the company will do something other than sell shares to buy BTC?

Nice looking site! If you want to be objective the fork of Bitcoin should be mentioned in the Bitcoin education area. While being the most valuable version of Bitcoin currently, BTC is certainly not the most useable or capable. It strayed off the path of what Satoshi created.
Bitcoiniscash.org

$1000 dollars worth of BTC at .0008 would be worth like 125 billion assuming enough coins had been available to purchase and by doing so it didn’t change the course of history moving forwards and its value.

Thats not true at all. My coinbase loan has never gone higher than %7.25 (been between 5-7.25 for 4 months now), I get to keep my BTC and I don't have any tax obligations.

Is it worth the risk though?
Surely BTC won't go down to 0 overnight, but if you have ALL of your earnings in BTc and it drops by 30-40%, you'll be seeing your NET worth drop by as much. That'd be cruel

...he's right. The only coin he noted in that CNBC video that wasn't without fundamentals was BTC

Opening and closing of channels still happen on L1. People would still use L1, first because it would be cheap, second because L1 transactions work better than L2 in certain scenarios, for example:
- for large amounts. L2 transactions fees depend on the amount transferred, L1 on the transaction size in bytes. If you want to transact 1 BTC is almost certainly more convenient to do that on L1
- inbound liquidity can limit your chances to receive payments
- L2 wallets are hit wallets, it's not a good idea to keep all your wealth on hot wallets.
So the statement "everyone with be using only L2" is irrealistic and not feasible.
Other than that "who pays miners when block subsidy halves" seems to avoid the easy answer: nobody. If rewards get smaller, less people will find mining profitable and will stop mining. This will make mining more profitable (lower difficulty = lower costs) so remaining miners will go on without issues. We've already seen subsidy reduce by more than 90% in Bitcoin terms, and mining hash power and investments are orders of magnitude larger. Nothing to worry about.
Edit: typos

Lol. The only legit version of both BTC and ETH in the Quantum world is QRL.

Vechain isn't a memecoin, but the issue is if it doesn't get adopted it's just going to die, plain and simple, and I'm not sure much is really being built on the chain, atleast people will still be using ETH and BTC years to come

Being on track to create a fractional BTC? How is that sound money. I'd estimate 90% of BTCs movement now lives on proprietary SQL ledgers(exchanges).
You've been captured and can be fractionally reserved. Which loses the whole point of crypto.

I’d say to that whatever takes down Tether is going to take down a lot of stable coins, that someone is holding the billions and billions they’ve issued and that a bank run is going to dry up liquidity quick as quick, and finally that Thether printing money supports the BTC price more than many realise.

I’m waiting for BTC over 150k

Les in den Foren, wer im Jahr 2015 empfohlen hätte, 100k in Gold, Nasdaq oder BTC zu stecken.
Vielleicht einer von 100.000
Und der eine wärst Du gewesen? Sehr unwahrscheinlich.

Du kannst ja 100k heute in das stecken, was in 2035 am meisten wert sein wird. Ist halt nur schwierig zu wissen, was. ;-)

BTC will never replace banks or currency. It'll always be used as digital gold. Just buy and sell for profits.

Because dollars are still the reserve currency, real estate prices go up in dollar terms as more dollars are added to the money supply.
Sure, some of the increase in price could be from an increase in actual demand and/or decrease in supply, but in large part the rise in real estate prices can be attributed to monetary debasement. Admirable's point is that BTC's price appreciation can be attributed to two things: monetary debasement and adoption (i.e. increasing demand). Should BTC reach full adoption, it has necessarily become the new reserve currency i.e. medium of exchange. This means (1) no more premium from increasing adoption and (2) no more increase in price from monetary debasement - because demand has already peaked and assets are no longer priced in dollars, respectively.
The catch is that we're now living in a world with a DEFLATIONARY currency to match our deflationary reality. As technology continues to increase productivity, we'll be able to produce more goods and services more efficiently/cheaply. Your BTC won't continue to go up in BTC terms because 1 BTC is 1 BTC, but your real purchasing power WILL continue to go up indefintely as everything gets cheaper in BTC terms. How much your purchasing power increases over time will be directly tied to the degree of increasing productivity gains over time.
So, technically, Doc, you're both right. For what it's worth - being so overconfident in your views, though, without fully considering others', is going to be to your own detriment in the long run. Maybe try being a bit less of a dick.

What's the point of them?
Launder cash into crypto?
Scam old people?
Sell BTC to people who don't understand it and probably shouldn't even be buying it?

People who really care about decentralization don't give a shit about politics, you want the old school crypto vibe? The world is full of p2p services and black markets where you can operate with BTC and Monero, you wouldn't give a shit about regulatory credibility if you actually cared about decentralization because actual decentralization means we don't give a shit about regulation or politicians we don't need them.
Orange man makes institutions and more people buy BTC which makes me richer and I can still use the old ways, I couldn't give 2 shits about regulation, credibility or politicians, fuck them all.