BTCUSDT20240507C69000
Bitcoin / Tether USD May 7 2024 69000.00 Call
crypto

P2P can be a minefield, so it’s good you’re asking. I’ve bounced between a bunch over the years, and the truth is every platform has trade-offs.
What’s worked best for me:
• Binance P2P – Fast release times and probably the largest pool of liquidity. The downside is occasional strict KYC checks on your account even if the actual trade is P2P.
• OKX P2P – Very similar to Binance but feels a bit less crowded, which can mean smoother chats with sellers.
• HodlHodl – No-KYC and escrow-based, but fewer offers, so rates vary.
• RoboSats – Privacy-focused and surprisingly reliable, though you need to be comfortable with Lightning.
The biggest thing is sticking to high-rated traders and avoiding too-good-to-be-true prices. And for anything off P2P—like moving BTC or swapping between chains—I sometimes use Rubic, which folks in Rubic talk about a lot.
If MalgoSwap worked well for you at 0.2%, that’s actually not bad. Curious how fast the release was for you?

Banks / authorities are starting to become increasingly scared of bitcoin - because they are facing legitimate liquidity crisis’s.
I can’t stress this enough. People should be getting their money out of banks and into other assets right now - because money is getting devalued very quickly / banks are struggling with people taking out their savings and storing those savings in more stable assets (literally).
This is why they’re panicking / trying to get people to give them their BTC now

It will come back to that price. BTC will go up and the MSTR premium will return at some point.

Some gambling JAN some MSTR calls $220… just pure gambling if BTC bounces

Just look at BTC, no one is mining them with GPUs anymore. ASICs will be the way forward in the future

BTC having a parabolic arc.

BTC follows markets
Those markets go all over the place--especially lately. Markets aren't predictable when lots is unknown about the current state
BTC's transparency is a saving grace, boys
Watch

BTC is scarcity in a digital world. There is no barometer for scarcity, stable coins and even tokenized gold can be created endlessly with no guarantee that they are backed by redeemable assets. BTC cannot be created without a significant amount of power at this point, so it's back by the mining network and resources used to secure it.
Ethereum on the other hand is not unique. There are thousands of alternatives to it and the developers could pivot tomorrow.

My use for BTC is that I don’t trust that the us gov will stop inflating the dollar devaluing my money where BTC is finite store of value, to me it’s good that I can bring anywhere in the world

Does venmo do what BTC says it will do . 

The Fed is already stopping QT on Dec 1, that's a real good sign. Whenever it does QE again, BTC will almost surely skyrocket. Stopping QT isn't exactly the same as doing QE again, but it signals that QE definitely isn't out of the picture. Recently, Yen rate hike talks fading also helps, because the Japanese Yen carry trade is pretty much a cheat code for massive amounts of liquidity.

Those are bitcoins that Santa is throwing, showing an "abundance of BTC" which would not be true.
The picture represents better what I think during a dip. You can get more units

Those that shorted BTC shall feeleth they wrath

I'm surprised this only has 3 comments. I've read the proposal and it's huge, regardless of whether or not it's passed or even ever voted on.
I've read the draft of the bill and one thing is clear - it creates incentives for everyday Americans to give up their BTC so that it can be held by the government.
One of those incentives is where the bill proposes for Americans to be able to pay their federal taxes in BTC, and such payment would not be considered a taxable event.
So, let's say you buy $100 worth of BTC, and it grows to $1,000 over the course of a few months. Naturally, if you were to sell it you would owe taxes on $900 in capital gains. However, if you use the $1000 worth of BTC to pay federal income taxes, you would not be subject to such capital income tax. The BTC payment for federal income tax would then go to US BTC reserve and the US would hold it for at least 20 years. As a result, less BTC would remain in circulation and fewer citizens would be able to hold it.
There are certainly some parallels with the executive order 6102 in 1933, albeit not as severe, at least for now.
Although many state that the likelihood of the bill passing is relatively low, it appears that there are at least some suggestions that it would be best if the government attempts to hold the bulk of the available BTC.
Just curious about everyone's thoughts. And the bill is worth reading.

Stablecoins are not an infaltion hedge. They are merely an (arguably) superior way to transact FIAT but utilising the blockchain. Because they are pegged against FIAT (USD) they are subject to the same influences such as inflation, monetary debasement and corruption.
BTC does enable digital transactions without the use of a centralised intermediatary (which is vastly suprerior to stablecoins) however it's most usful use case is as a store of value. Unlike FIAT that can be printed to infinity, there will only ever be a fixed supply (21 mil) of BTC. So it's value can never be diluted.

Yes. Stick to BTC and you’ll be fine.
So many people made a fortune during the previous bull run and the upside in November last year.
It’s weird how the Indian government has attached so much negativity towards cryptocurrency, especially when BTC would have probably outshined all your regular investments.

Slow and steady wins the race brother ! I’m sure you have some friends and family that don’t own any BTC at all . Just think how much further ahead you are than them !

No, it’s called a complacency bounce. Nothing drops or goes up in a straight line. Probability wise is this: 65% chance of BTC going to 97-110k then dropping to mid 70s for 60-120 days and resuming bull run in Q1/Q2 2026 and 35% chance Bitcoin somehow gets more steam than expected out of the bounce and it holds key levels above 112k for multiple daily candle closes and then new all time high by late dec/January. This bounce was expected. It’s whether the dip was a bear trap or the bounce is a bull trap. Neither are confirmed until we see the levels it holds on the bounce. Good luck

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I am fully aware of this (JPM aquiring BTC) glad you are too. No denying the short as it has to be declared.
Got to seize/grab those assets because printer go brrrrr very soon.
MSTR was/is the key and mnav means shit now.
It's fine, JPM never doing anything illegal you can trust them.
(Don't google JPM fines)