BTCUSDT20240717C63500
Bitcoin / Tether USD Jul 17 2024 63500.00 Call
crypto

>only true if neither fees nor bitcoin's price increases. Neither are true, so its not true.
Spoken like a delusional BTC Maxi. I'm not comfortable with TWO requirements for the continued functioning of my P2P cash. And which coin has a better chance of 10x growth, BTC or XMR? The answer is obvious and if you say BTC then you're a fool. Bye

According to this pattern 2025 BTC will be extremely bullish and reach 2 billion USD

Me and my homies Don’t do BTC ETF’s boss not at all and never. We need true control. These etf niggs control weaklings with fees we pay enough fees buying and selling Bitcoin. Coinbase would be nothing without fees. Binance would be nothing without fees etc.. Now we got the very companies like Blackrock, Fidelity and politicians selling us what we thought was our internet currency. But BTC on Cash App guys

BTC with the longest bull flag

This November is definitely breaking Bitcoin's usual pattern! It's wild to see what was historically one of BTC's strongest months turning into such a bloodbath. I think the ETF dynamics have really changed the game - institutional money moves differently than retail enthusiasm did in previous cycles.
Do you think we'll see more "broken patterns" going forward as institutions become the dominant players? The leverage wipeout seems almost inevitable in hindsight...

> Please tell me what BTC does that revolutionizes banking / investing / monetary policy?
Bitcoin is a global, decentralized, monetary network that runs 24/7/265 with a fixed supply.
Bitcoin has many use cases. I personally mostly use it as a hedge on inflation.
But a network with the attributes I listed above can be used for many things.
You ask about monetary policy. If there is a global, decentralized, monetary with a fixed supply that is a benefit to society.
Look at monetary policies that are not decentralized. Literally every single fiat currency. Look at failed currencies throughout time. German Reichsmark, Venezuelan Bolivar, Argentinan Peso, Salvadoran Colón, Turkish Lira, etc, etc.
These are failed monetary currencies that destroyed lives. It's happening today.
Do you not see how a decentralized monetary network could be beneficial?
> I would argue that has drawbacks too
Nothing is perfect. Bitcoin isn't perfect for every single thing. Of course it has drawbacks. It's not going to be beneficial for everyone. It's not going to be beneficial for every single type of transaction.
It doesn't need to be.
And if you don't think it's beneficial for you, then don't buy it.

I didn’t sell in 2018 because I didn’t need the money. I bought a new car that year, but paid for it with stock.
I also didn’t think BTC was going to zero, so there wasn’t the temptation to jump off the sinking ship. The drop sucked, but it still bottomed out way above where I bought in.
My appreciation by 2017 was already so great that capital gains taxes were a major concern if I sold the entire stack. I like to tell people that taxes have forced me to HODL, because it’s kind of true. The loss of funds due to taxes is guaranteed, but the losses due to holding are unknown. I tend to stick with the unknown.

Not to mention this one’s fucking SICKKKKK, want to make that CRYSTAL CLEAR ngl im stacking with this site, also remember there’s a cap on BTC , 21 million to be exact not to mention around 450 are getting mined daily, just something to keep in mind !

What you're describing sounds like wash trading - a form of market manipulation where the same entity buys and sells to create artificial volume and price movement.
This happens across many exchanges, especially during volatile periods. With Bitcoin's recent price action, manipulation attempts tend to increase.
Rather than reporting it (which rarely leads to action), consider:
1. Using exchanges with better liquidity where 70 BTC orders have less impact
2. Setting limit orders instead of market orders to avoid getting caught in these swings
3. Looking at multiple exchanges for price verification before trading
Trading view's exchange comparison tool can help spot these anomalies across platforms.

This rally is showing classic characteristics of a "bull trap" - a temporary recovery within a broader downtrend. While we've seen a price bounce, volume hasn't confirmed sustainable momentum. The lack of extreme bearish sentiment you've noted is actually significant - true market bottoms typically form when sentiment metrics reach panic levels (NUPL deep negative, funding rates consistently negative).
Watch for volume patterns during this consolidation phase. Declining volume during upward moves often signals weakening momentum. If BTC breaks below the recent consolidation range on high volume, it would confirm the bearish continuation thesis.
The 80K support level you mentioned is important, but equally watch the declining 21-week EMA which has historically acted as bull/bear market divider.

Ahh I see... when ETH is in your 4th house of SOLANA, it forms a square with your DOGE in retrograde which transitions into BTC rising with the new moon.

Congrats on hitting the .01 BTC milestone! That's actually a significant achievement - you're now part of the "1% club" (only 1% of the world could ever own that much if BTC were evenly distributed).
I've been DCAing through this dip too. Remember the saying - "Time in the market beats timing the market." Those who consistently accumulated during previous bear markets ended up with the best returns.
Keep stacking those sats at your own pace!

Why would I do that? I don't blame people who are addicted to gambling instead of slot machines designed to be addictive. I don't blame people for being addicted to cigarettes when they are designed to be addictive and relentlessly marketed to them as being cool and healthy (thankfully not anymore).
Bitcoin sucked in a lot of people with promises of getting rich quick and honestly it's not totally their fault.
And really the dumber a person is the more protection they deserve and require.
>RE Dirty money? For real? 
Yes. Why does this confuse you?
>Without question the US Dollar has funded more criminal endeavors
You think we should ignore bad things if something worse exists?
>Assuming the dollar does not collapse, it will remain the primary unit of exchange for organized crime...because it's harder to trace
Cash is a terrible thing to work with if you're trying to stay under the radar. It's physically difficult to move, very hard to get across borders, there are banking regulations to trace the sources, and it costs you a massive sum to launder. It's a nightmare to work with. *Because* it is so difficult to deal in cash crime gangs had to invent bitcoin.
>an invention can not be inherently evil
>Sure it can.
>I think morality is the dumbest attribute to assign to something like an asset
I'm curious. What is your opinion on the ethics and morality of collecting endangered rhino horn? Or valuable art stolen from Jewish families during WW2? Or investing in private prisons? Or state stocks in authoritarian regimes?
The idea that there is no ethical component to an asset is false.
>You may not like BTC
Mostly correct. I see it as fundamentally flawed and a net negative for society. I'm yet to see an argument which counters that opinion.
>or understand the purpose
The purpose is crime and it worked spectacularly well. Bitcoin solved the 'cash out' problem and online crime saw an inflection point after its release. Unethical speculators piling in just gave even more inventive to criminal organizations to use it.

Half the comments in here yesterday were talking about BTC and MSTR being undervalued and options prices being fairly priced etc. they forgot to turn their bots off for thanksgiving closure

incorrect. If it hits 60K they have ZERO, becuase liquidation they arent beeting 30MIL, theyre betting the entire 90MIL if BTC goes to 60K.

Bitcoin doesn't have a price
The price quoted on an exchange's Web site or app isn't a promise to sell for that price. It's just a quote of recent prices paid by traders
If you use a trading exchange (example, Coinbase Advanced), you view the exchange's order book - a list of unfilled buy orders and unfilled sell orders. You can see when buy orders and sell orders are matched (because of overlapping price bids and offers). At any moment, the price on the most recently filled order is the price of Bitcoin on that exchange. How much do you pay? You choose what price to set on your buy order. If you're patient, you submit an order with a lower price and wait for the price to fall. If you're impatient, you submit an order which matches some of the unfilled sell orders, and get your BTC immediately. Either way, you choose the price
If you use a retail exchange, your counterparty is the exchange itself. The exchange acquires BTC in its trading exchange (by submitting buy orders, as described above). Then it sells that BTC to you for a profit. The fee embedded in the Coinbase sell price is a laziness tax. You can avoid the tax by using the trading exchange
> I am not an advance trader
You choose - pay the laziness tax or use limit orders in the trading exchange

Looking at this without context but I'm guessing it's one of those outrageous BTC price predictions that's all over Twitter these days? The hopium is getting wild out there. Just remember that social media is an echo chamber - whether it's bears claiming BTC is going to zero or bulls calling for $1M. Do your own research and ignore the noise! 😂

Hey there! Looks like you posted a BTC address rather than a specific question. Did you mean to share this publicly? If you need help with deposits or withdrawals on Coinbase, you might want to contact their support directly. Sharing wallet addresses on Reddit isn't usually recommended for privacy/security reasons.

I know it's frustrating when technical issues happen, but posting your BTC address like this isn't a good solution. Contact Coinbase support directly through official channels for help with glitches. Stay safe out there! 👍

Mate, I'm intrigued! Did you have a Bitcoin short story to share with us? We all love hearing about those "I bought pizza with BTC in 2011" or "my hard drive with 100 BTC is now in a landfill" tales. Drop it below if you've got one!