BTCUSDMOVED20200903
Bitcoin September 3 2020 Daily MOVE Contracts
crypto

Yes go ask ChatGPT. Go ask Chat GPT if BTC, with full adoption, outperform stocks infinitely. 
Bro you dont understand supply and demand. Supply does not create demand. Demand exists. Supply exists. They contrast each other to determine the market price. With full adoption, demand levels off. Supply is fixed. Creating a stable value as a medium of exchange. Without any increased value (like a company innovating and becoming more productive), it will stabilize at the full adoption price leve.

No value? Perfect! You can send me 1 BTC for free. I’ll gladly accept. Actually go ahead and send me 100, because why not, it’s worthless right?

Why would I run a node for a failed currency? There are maybe 600 BCH nodes, compared to Bitcoin’s 90,000 nodes. And I was there, when Bitcoin forked back in Q4 2017, around a price of $18k. BTC is now $115k and BCH is $600!!! Pathetic! Bitcoin’s hashrate is at 1 zetahash/s and BCH is only at 4 EH/s—four thousandths of Bitcoin’s hashrate!
You guys are so delusional. You think Bitcoin is failed and yet all the evidence indicates so obviously that the opposite is true. Bitcoin is thriving, and BCH… nobody even thinks about Bitcoin Cash except when you guys pester Bitcoiners, like you are right now.
So please, kindly F off. Thank you!

I made the bet that BTC was going to Crash with the failure of BREXIT. Sold almost everything to catch the new bottom that I was convinced would be 25-50%.
As the votes got counted the price started to climb and climb fast. BREXIT was winning? Every update on the count Bitcoin climbed higher and faster. BREXIT won.... the price took off! Phuck! Buy back in!
I purchased at the exact top. The next morning, it fell to my original -25% prediction, I went from a position of ~54 or 56 BTC to 14 BTC in 12 hours.

Once it’s reached it will be even more valuable as scarcity becomes an issue…look, no one knows anything for sure. Make your bets and invest how you wish. I am big on many cryptos including BTC, and I’m doing extremely well. Do you and believe what you wish. I don’t really give a shit

It hasn't happened yet, because we're talking about the 21,000,000 BTC limit.
It hasn't been reached yet. The existence of that limit is treated as significant, but if you don't limit yourself to just Bitcoin and look at all crypto, the minit does not exist.

We all know Bitcoin is capped at 21 million coins, which equals 2.1 quadrillion satoshis (since 1 BTC = 100,000,000 sats). But not all of that is actually usable — it’s estimated that around 4 million BTC are lost forever (lost keys, old wallets, etc.). That leaves us with about 1.7 quadrillion satoshis in circulation.
Now, imagine in the future we’re transacting directly in sats instead of BTC. The question is: how do we move such tiny amounts efficiently?
Right now, the average fee is around 590 sats (~$0.69) per transaction.
Here’s the concern: if Bitcoin’s value keeps rising, won’t fees in dollar terms rise too? How do we make sure fees don’t eat up the small amounts people want to send?

You're not "destroying points," you're repeating debunked cult talking points. Let's go through your nonsense:
1. "Market cap is not adoption, it is proof of price manipulation." This is the dumbest thing I've ever read. Market cap is the total value of the network. $1.3 Trillion doesn't come from "manipulation"; it comes from millions of people and the world's largest institutions (BlackRock, Fidelity, etc.) choosing to allocate capital to BTC because they believe in its value. Nobody is manipulating the price of BCH because nobody cares enough to do so.
2. "Adoption means people using it, BTC is a failure." By this logic, the US Dollar is a failure because people use Visa and Apple Pay. BTC is a settlement layer and a store of value. The Lightning Network is for spending. You fundamentally misunderstand the technology. Meanwhile, your proof of "adoption" is a YouTube video with a few hundred views. Pathetic.
3. "BCH is just as secure..." Objectively, provably false. BTC's hashrate is 500 Exahashes/sec. BCH's is 3 Exahashes/sec. It would cost about $6,500 to 51% attack BCH for an hour. It would cost over $1.7 Million to attack BTC. BCH is a vulnerable toy chain. BTC is a fortified fortress.
4. "Bitcoin Cash has the most innovative tech, ETH is trash and does not scale." What innovation? Bigger blocks? That's not innovation; it's a simple parameter change from 2017 that leads to centralization. Meanwhile, Ethereum has a $500+ Billion ecosystem of DeFi, NFTs, and dApps that actually function. BCH has nothing. You have no smart contracts, no DeFi, no ecosystem.
5. "Layer 2's are due to failures of L1..." This shows you don't understand blockchain design. L2s are a feature, not a bug. They allow the base layer (L1) to be maximally secure and decentralized while pushing scalable transactions to other layers. This is how all scalable systems work (e.g., the internet has layers). Your "plan for the future" is just making blocks bigger until only a few massive corporations can run nodes, completely destroying decentralization.
You have no evidence, no logic, and no understanding of the technology you're shilling. You're a bagholder in a dead project screaming at the world for moving on. I'm done educating you.

Close. Very close to being able to retire for good if BTC hit 1 million per coin

How is it compromised? It's not r/bitcoin you can even discuss Monero in there and is actually an appreciated coin. if anything there's a bunch of BTC maxies that have recently arrived to try and bash BCH and any other coin. But I wouldn't say that's being compromised.

True. If you sell BTC and the net (funds you get to keep) you received has a tax of 30%, then you only are getting 70% to use or re-invest later. When you buy back, your holding cost is the new acquisition price plus any original sale costs from BTC you still hold with unrecognized and unrealized gains from the older holdings.
Please note - If you have virtually no other income and/or you are unemployed and/or retired, then the tax consequences might be lower or not taxable if you are at the lowest tax brackets for the country you sold the asset from. (Note - I do not know the tx consequences for taxes from other nations and countries you are connected with for personal and business purposes.)
If you made no income for a year in the United States, and in the same year you sold any cryptocurrency for a net profit (under 16k) below the poverty level which is just under 16,000 dollars for 2025, then the taxes paid will likely be refunded back to you after you file your income tax forms. Selling any Bitcoin that needs you to calculate how much taxes based on capital gains and if the funds are regarded as regular income to determine taxes. Buying and selling Bitcoin outside of America also have different tax rules.

Stocks don’t go through 4 year cycles like crypto, for stocks it’s better to buy during crashes or big red days, only add. During a crypto bear market, most alts lose 85%+ from there highs, BTC loses 60%. If you are ok with losing that much then continue buying

It will seem early one day. BTC theoretically has no limit depending on how big the worlds financial system grows

What I have against it is that they destroyed a P2P cash system to get their digital beanie babies.
Nobody uses BCH due to the coordination problem.
"Normies", who may have heard to Bitcoin, don't even realized it was fundamentally changed in 2017.
Does not help that /r/BitconBeginners is run by a BTC maxi.

One of the problems with BTC is that most people hear about it from their friend. That friend tends to be the one who is always looking for the next big thing, maybe they used to trade wallstreetbets stuff, maybe they go to the casino, maybe they do sports betting, etc. So what happens is most people think that Bitcoin falls into that category of "get rich quick" industries that actually make you "get poor slowly".
Unfortunately for them, it just happens to actually be a revolutionary technology which solves the current issue of central banks fumbling the ball.
Keep stacking!

1. Selling my 8 BTC in 2018 and buying gold eagles
2. Selling my 444 ETH in 2018
3. Not keeping my OWN spreadsheet of every transaction (buy/sell/exchange/transfer) since 2014, and then having to spend almost 60 hours last December reconciling for the IRS Crypto Safe Harbor report. But at least since I did, I can trade specific lots from 1/1/2025 forwards.

Google it. BTC ETFs are 80%+ retail investors. There are statistics everywhere.

$20k is very generous. Majority of people here probably have less than $1k in BTC

.1 means you'd have to be at 10 mil BTC to reach 1 million USD. You think BTC is reaching 10 mil? You think it will reach 21 mil to?

Compare DXY to BTC. Why is this even a question? 😂