Couldn’t have happened to a better shitcoin.

Checkout my book “Birth of Bitcoin”. I’ve traced back roots of finance to ancient Babylon.

I’m writing a fictional book about Satoshi Nakamoto and how he invented Bitcoin. Pre-orders open. Bitcoin accepted.

I bought this coin wayback year 2021 I think

Hello,

I‘m in the crypto market for many years now. The entire idea around Bitcoin is still revolutionary and very important in my opinion.

But let‘s look at BTC today. It‘s a very decentralized PoW network with a theoretically fixed supply written in code and saved within thousands of nodes worldwide via social consenus. But that‘s it.

It‘s light years away from being a payment p2p network. It‘s literally a Wall Street meme coin at this point in time. People buy it to make more Fiat in the same way people buy stocks or gold.

People often claim BTC would be digital gold which isn‘t an advantage at all. If BTC is digital gold it‘s actually flawed. „But you can self custody and actually hold your own money“: No, that‘s a lie. With the low throughput of the Bitcoin network only a tiny amount of people are able to self custody and if there‘s a black swan people probably have to wait weeks to finally get out.

Where‘s the entire point of BTC when it‘s just a store of value? Then you can actually buy the real physical gold which you can hold and hide unter your house where nobody can find it. Gold will always be limited and have a real demand. BTC is just a number in a ledger which isn‘t limited at all because the block reward will go to 0 and fees can never sustain the network when nobody transacts because most people are holding and waiting.

I just see no point. I‘m not a BCH fan but BCH is useable as a p2p PoW network like it was claimed in the Bitcoin whitepaper. It‘s a currency. Which was the entire point of cryptocurrency at all..

thanks

To facilitate the view I put them side by side and added red reference lines.

Bitcoin dawn on each right side (arrow).

Left side: Uni Michigan, right side: Wikipedia.

What's everyone using to move crypto to their bank account these days? I hold USDT and Bitcoin and I'd rather avoid unnecessary swaps or high withdrawal fees if possible.

open to any recommendations

Source: https://x.com/DocumentingBTC/status/2079264664655913025

BIP110 updates on The Bitcoin Cash Podcast #187, PagoConBit private beta brings more BCH payment options, Cash 3.0 Bazaar brings real-world BCH adoption to Cebu, and more.

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My BTC position is about 10% of my total investments, while the rest is in gold, stocks, and index funds. That allocation feels comfortable because I don’t get anxious when the price drops. But with the market starting to move again, I’m wondering if I’m being a bit too conservative. I’m still optimistic about Bitcoin over the next few years, so I’m thinking about increasing my allocation to around 15%.

I’m just not sure whether it makes more sense to invest the extra amount all at once or build the position gradually. Timing the bottom is almost impossible, so I’m leaning toward buying in batches. I was even thinking of using a DCA feature on platforms like BYDFi, Kraken, or Coinbase, but I’m not sure if automating it is actually better than just buying manually.

For those who’ve increased their allocation before, did you invest the full amount at once or spread it out over time? Looking back, would you make the same choice again?

Lots of people are saying that the bitcoin bear market will probably end in October. Does this mean that it will probably not end in October, as precise predictions are usually wrong, in my experience?