BTCUSDT20240711C55500
Bitcoin / Tether USD Jul 11 2024 55500.00 Call
crypto

you’re right native BTC can’t interact with smart contracts. Anything you lend on chain will be a wrapped version

Fun fact : ..One single Bitcoin transaction uses about as much electricity as an average U.S. home does in a month.
Mining a whole Bitcoin block?..That’s enough power to run hundreds of homes for a short while. The entire Bitcoin network every year? It’s like keeping a small city lit all year long. Every time BTC moves, a lot of energy is getting burned.

They're using stable coins, none of which exist on the BTC network 🤷

Did you find any references?
I don't know what he means by BTC on that phrase.

IMO stack more bitcoin. You can setup a BTC wallet on an old phone (Cupcake, Bull Wallet, etc) or laptop (Sparrow) (ideally, not connected to the internet) and get comfortable to moving money that way. You can always move the seed phrase or sweep the sats to a new wallet later
You’ll hit a point where you feel you need more security and get a wallet. I think similar to other commenters it should at least be 0.01 BTC / 1 million sats per UTXO.
Look up videos from BTCSessions for learning to custody your coins. He goes over various hot and cold wallets

Alt season doesn’t start because BTC dominance drops. BTC dominance drops because alt season starts.

I m in BTC before the Orange idiot was involve. I believe BTC will be here to stay and it only can go up if the printer machine never shut off. You will miss this once in a life opportunity to build generation wealth.

You missed the point. Analyzing leverage in the market to add to TA. And by the way, here is a absolutely perfect ascending wedge breakdown to target in BTC on literal 1 minute chart today. Are you actually going to say this is coincidence? I charted it before the breakdown. These happen ALL the time, on all timeframes. This stuff is like clockwork so to say it doesn't exist means you don't know what to look for. [https://imgur.com/a/xAvlsJh](https://imgur.com/a/xAvlsJh)

DCA BTC ESD (every single day)

Not who you're replying to, but I just googled it because I want to try to understand your point.
I gather that low float (not many shares/crypto available for public trading) or supply available apparently just leads to higher volatility and price swings, rather than necessarily driving up price long term? And I'm guess Is that what you're implying?
And I would guess that Bitcoin is on average a low float?
But then how does it relate to idea of scarcity built into Bitcoin which iirc makes it a deflationary currency? Perhaps that is the bigger factor in why BTC value may continue to rise relative to fiat over the long term.

BTC forked off Bitcoin in 2017 in order to cripple their blocksize limits forever.

Theres an economic incentive and it's an important part of it design.
Also there is a cap of 21M BTC.
my point is btc is backed by the energy it costs to secure the network, it's absolute scarcity and also being a way to send value digitally (very fast across borders and away from the control of governments).
fundamentally it works very differently than fiat money.

Keep stacking. What’s better than 1btc? Whatever you keep adding to it. If you are able to have it 5x-10x, and that’s enough to make a sizable life change, then do it. Can’t take BTC to the grave . Otherwise keep stacking. If you can, learn how to lend off of your collateral and use it to create assets that provide more returns than risked. Just sharing my humble opinion, not advice. My dream anyway.

I wanted to do a DD on that…I know what’s going to happen but would get banned if I were to even do a DD on that. Project-genesis is there for a reason. It’s more than one company. It’s several companies and the government is involved. BTC is how they’re involved with the new treasury. All the stocks that were naked shorted through legacy swaps in the early 2000s all have BTC in their reserves…just an FYI.

Tether in their balance sheet has nore precious metals in value than BTC...
That is hilarious

Look at Benjamin Cowens videos, he breaks down that BTC to Alt coin ratio needs to reach a certain threshold as well as other market conditions for the altcoin season to occur. As in all previous altcoin seasons (which is only 3 so far I may add). These conditions are just about to be met Maybe in the next couple of months. Big maybe or we may still be in for a rough year ahead.
Truth is everyone is crying for the alt season has just been shilling people to keep buying without the correct conditions to actually result in an alt season.
Once rates are cut we may see some jump but maybe not. If BTC doesn't charge above $125 k I don't really see one happening honestly. EVERYTHING follows BTC and I hold lots of ETH but even ETH listens to big daddy BTC and follows it.

It's probably more like the speculative asset has run out of speculation now that the government, banks, institutions, etc. have found it acceptable and have embraced it.
What's there to speculate about anymore? Ohh wow, somebody might add some BTC to their retirement account?

Good point… I still think the overall float of BTC is heavily manipulated. I also think there is a low of people that have been in the last 2 cycles expecting a bad year in 2026. There are a lot of different angles and theories being thrown around

Immo 10 Jahre -> steuerfrei. Gold/BTC 1 Jahr -> steuerfrei. Aktien -> böse Spekulation -> Steuern schon ohne Gewinn (Vorabbesteuerung)

As long as you hold over a year it’s a capital gains tax and maxes out at 20%. Hold what you have now it will come back. Is it BTC