BTCUSDMOVED20191002
Bitcoin October 2 2019 Daily MOVE Contracts
crypto

I’m just asking as I don’t fully understand, is Solana more of an inflationary coin and will that limit price increase? As far as I thought BTC has reached historic prices because it’s a deflationary asset and becomes more scarce compared to the dollar

BTC was trading at about $500 less than 10 years ago. I think 200x is a pretty good investment.

It's strange to me that you can be smart enough to pull off these heists but not smart enough to know how to tumble/mix/unlink properly.
He got caught using stolen BTC to buy a PlayStation username 🤦

BTC is the obvious choice.
l always thought the lack of sustainable ECO features unlike ETH POS uses 99 % the energy of BTC POW would cause some possible trouble in BTC price in the future, yet this seems to be ignored by most experts esp Michael Saylor .
Like most things in Crypto it can change but BTC /ETH should be core holding, perhaps some SOL, Some XRP due to real world bank use but lots hype, a few months ago some actually questioned if XRP could one day replace BTC

I was thinking the same thing, OP. My Bitcoin holdings are under 0.1, LOL. I keep debating whether I should double my position if BTC grows, that could really boost my stack.
That said, with all due respect, even having 0.21 BTC already puts you ahead of many people. Of course, owning a full 1 BTC gives a stronger chance of significant upside if it ever reaches $1M in the future. But at around $115k for one Bitcoin today to invest, that’s a huge investment for me, LOL.

They really put a lot of effort into spreading awareness of this token….. and its definitely not the successor to BTC.

Your arguments don't hold up. Let’s be clear:
1. Adoption? BTC has a $1.3T market cap; BCH is $8.8B (140x smaller) . ETH dominates DeFi, NFTs, and Web3. BCH is irrelevant outside a tiny niche.
2. Security? BTC’s hashrate is 500x larger than BCH’s. A 51% attack on BCH costs ~$6,500 vs. $1.7M for BTC . BCH is vulnerable.
3. Innovation? ETH has smart contracts, PoS, and Layer 2s. BTC has Lightning Network and Taproot. BCH has… bigger blocks. That’s it .
4. Your "Proof"?
· A YouTube video of Peru ≠ adoption.
· Grayscale’s BCH trust has $5.8M in assets vs. $20B+ for BTC ETFs. It’s a joke .

· A research forum isn’t developer activity. GitHub shows BCH has a fraction of BTC/ETH’s devs.
BCH is a dead chain with no utility, no security, and no future. The market has spoken. Please move on.

Great choice if you don’t want to self-custody on BTC. Otherwise, just do whatever one feels more comfortable with.
Just my 2 cents =)

> I agree with you that custodial LN is very easy to use
Most lightning wallets are non custodial. I only use and recommend non custodial lightning wallets . Many people(not suggesting you) are stuck in 2018 thinking that only custodial lightning wallets have good UX when the reality is many mondern lightning wallets have made huge improvements like autobackup of channels that can be restored with a single seed , watchtowers or LSP so you can remain offline for long periods of time and still be secure , and automatic inbound liquidity and channel management for better UX **while still being non custodial**
>Buying credit of gift cards makes BTC a barter good, not a currency.
Most of the time I spend BTC directly
>and that use case is extremely niche in most parts of the worlds.
There are hundreds of local merchants that take btc in my area , and I can actively choose to shop with them instead of merchants that don't take Bitcoin which I tend to do. Also , there are many directories that help me find merchants to shop with.
>. Merchant adoption is seriously lagging
I think merchants adoption for Bitcoin has exploded and growing faster than expected. I understand that some people are naive thinking the whole world would adopt Bitcoin overnight but that is simply not realistic and adoption to become mainstream (over 50% of the world using BTC ) is going to take at least 20 years if not 50 .

BTC is here to stay as a store of value, an ETH is here to stay as an underlying smart contract technology on top of which other tech sits, stablecoins being a strong example. 10 year from now this will all be blown up and much further integrated into our financial systems.

I would cash 70% out and put it into some accumulating ETF. You can keep the rest in crypto if you want to but I would stick to BTC/ETH. You don't need huge % on that amount of money to make it grow. In 20-30 years you can put it into some dividend etf and have a nice passive side income while it still grows. Or just cash it out after uni to cover your debts and so on.

Wenn BTC auf 1 Million geht kaufe ich mir einen Bungalow mit meiner Frau und höre auf zu arbeiten.

1. I agree with you that custodial LN is very easy to use. Even on chain is pretty easy, but the waiting times make on chain inconvenient.
2. Buying credit of gift cards makes BTC a barter good, not a currency. Use as a currency means you buy goods and services directly for BTC, and that use case is extremely niche in most parts of the worlds. Lack of merchants does affect decentralization eventually. Bitcoin's consensus rules are enforced when the merchant receives on chain BTC. If very few merchants are verifying on chain payments - they can change consensus rules if they want. Merchant adoption is seriously lagging if you exclude exchanges as merchants.

However they do make as much on their BTC ETF as their S&P fund….. so it’s not going away any time soon and only benefits them to keep it going and growing…. It’s no longer that struggle of us vs them (BTC vs tradfi), it’s working together now!

Ignore options getting consistently destroyed versus the best performing asset in history.
Don't just buy and hold BTC.
This is Da Wae.

Well fair point but it’s analogous to money itself.
So your point is if BTC is hard to use and making it easier to use centralizes those applications isn’t it worthless and not what it is?
@ Face value I could see the concern but break it down logically.
Is store cash difficult? Maybe not at face value right you can just throw it under your mattress. Well what if you had millions of dollars, you could put it in your wall? But that would be pretty resource intensive would it not? What about when you want to send money overseas? What are you going to do mail your cash?
I guess you could but it would be rather difficult to live in our digital age if you only ever had cash.
So what was the solution?
Banks. Commercial banks.
Forget about fractional reserve banking and lending to create new deposits.
Generally speaking they hold your money for you as a service, you pay them a fee for them to store your money in a secure location where you’re relatively protected.
You want to send money to company aboard? Just use your debit card!
See how the act of simplifying money management makes it more centralized and sort of different than just having cash?
You’re sacrificing security and ownership of your money in exchange for a service fee and convenience.
It’s no different with Bitcoin. If you want the maximum security and ownership over your assets and are fine with learning about it then yes, you should be running a node and become a full on bitcoiner.
But the reality is use of use and convenience usually coincides with a centralized application. That’s not a negative trait, if anything you could argue that would be a force for more major adoption and more people becoming full on bitcoiners even if a bunch of new people just choose convenience over knowledge.
It might make Bitcoin less decentralized but it doesn’t make Bitcoin centralized.
Hopefully this was useful.

They do not need to ban it ,they hijacked it.
Now it has no chance against fiat, BTC is slow, expensive, ad unreliable.
>BCH has no devs
[https://bitcoincashresearch.org/](https://bitcoincashresearch.org/)
>no adoption
Paying with BCH in Peru - [https://youtu.be/lDZS0I6DeIM](https://youtu.be/lDZS0I6DeIM)
>no ETF
**Grayscale Bitcoin Cash Trust ETF** \- [https://www.sec.gov/Archives/edgar/data/1732409/000173240925000008/bchg-20250909.htm](https://www.sec.gov/Archives/edgar/data/1732409/000173240925000008/bchg-20250909.htm)
>no innovation
upgrade history - [https://minisatoshi.cash/upgrade-history](https://minisatoshi.cash/upgrade-history)
>sovereign backing
"sovereign backing" AKA stolen money

🙏 Hey, thanks for chiming in. I didn't know you where on reddit.
I pretty much agree on your assessment. With one exception.
>Anyway. big blocks are not the solution to anything, they are centralizing
A propaganda tale as old as blocktime. Told by the same guys that brought you LN, the same guys that control the cult and the single BTC repository. 🤷‍♂️
Imagine the world for one moment if the centralization claim weren't true. What would you do if you wanted to cripple but not outright kill Bitcoin. How would you do it?

Tbh, I have no idea. I know a reverse split was involved. This is more of a macro trade for me. 20m market cap, and they have 1GW of data center/bitcoin hosting infrastructure developed or in the pipeline. If you look at other BTC miners that host data centers for AI, their market caps are way bigger and have been running up. Look at IREN, RIOT, HIVE, and others in the space. They've been hot. I think people will notice how cheap SLNH is eventually and buy in.

I do wonder if BTC miners want to take up the job of keeping the blockchain free of arbitrary data which any random governments have an issue with.
If not, the solution is to be a financial network, not a random-ass data storage network.
It's within the power of the consensus rules to keep Bitcoin a financial network.