BTCUSDT20240304C57000
Bitcoin / Tether USD Mar 4 2024 57000.00 Call
crypto

Even my portfolio is diversified and I am a big ETH supporter however I also own some BTC!!
^(!tip 1)

BTC IONQ 65P exp today for 0.15 (+1.00)
BTC HOOD 105P exp 10/17 1.75 (+2.00)
NVDA 175P expires today, we'll see if I get assigned or not
ETHA 35C, 2x 36C, and 37C expiring today, should be worthless.

BTC first

Selling 100 BTC at 1m

More & More the quantum topics gets attention - looking forward how this discussion moves on for the major projects. I personally like BIP360 by Hunter Beast for BTC. Also I hold some quantum resistant Token as a Hedge if this topic get more critical 😊

There is a good chance all my actual BTC will be sold before 1Mil… and then I’ll be DCAing back in. Once I can get the house I want, it’ll be time to sell out to get it! Then I’ll DCA extra money back in over time.
Remember that money is just a tool to make your life better. Life, not money, is the end goal. I recognize that the young, poor, and/or exceedingly reckless folks here will say debt doesn’t matter- just chase the gains, take on a bunch of debt and hold the BTC… but I can honestly say that peace of mind is one of the few things (along with security, family, and friends) that we should all value higher than any tangible asset or good.

I feel like if someone really wanted to rob somebody, they would regardless of knowing they had BTC or not. See it all the time on the news for shit less than $50. I feel like OP is not in more danger than anybody else on the street

I direct deposit a portion of my paycheck into cash app which converts to BTC for $0 fee and no spread

I do agree with this. The problem as I see it (and I could be wrong) is BCH has solved a lot of the tech. However, usage is basically nonexistent. BTC can make similar or even the same changes as BCH and BCH is no longer of any value. What makes BTC valuable is conviction.
I think block size will have to increase in time. Either Core adopts or it will die.

As someone who has had serious gains: Don’t. You might make 1-5% more money, maybe more if you’re lucky. Or you actually loose money. In the end, in 90% of cases you make more just hodling BTC, but without the stress.

If BTC hits $1M I´ll be the one giving you the loans..

Explain this a bit further, please. I assume you’re using the futures market and leveraging your BTC to gain alpha on a short position. In the US ( depending upon the duration of the hedge ) you would still be taxed ( income vs cap gains ) but potentially still hold the leveraged asset ( BTC ). However, depending on how you structure it - you could still get into a forced sale of your BTC or have to come up with capital to cover the position.

You are describing supply and demand...and generally what people are referring to as "supply shock". Exchange balances don't need to drop to zero for fomo to kick in. BTC will be much more expensive by the time the exchange balances drop below 1M coins, which if everything stays linear should be in 1-1.5 years. My personal opinion, the drawdown won't be linear though.

I remember 8 years ago when BTC was trading > $2500, and seeing "wild speculations" about where the price was headed.
If the dollar keeps collapsing, so will the paper markets. It's not a secret these metals have been purposefully manipulated for decades, so it shouldn't be a surprise when they 10x the market cap while the reserve dollar is inflated into oblivion.
This shitpost seems more plausible than watching USgov failing miserably trying to claw their way out of a black hole.

Selling BTC to buy something is like selling your house to buy something. Not smart. Instead find another method to pay for the things you want, and keep the thing that's actually protecting your future and providing you security...
Anyone who says "sell BTC to buy things" sounds like an institution propaganda... It's just not smart. It's the mindset that keeps people poor compared to those companies that are buying to never sell.

If BTC hits $100k it will hit $200k
If BTC hits $1M it will hit $2M

If you take collaterized loans against your BTC then creditors WILL take your BTC if you don’t pay back your loans.
Otherwise why would they lend you the money in the first place?

> The idea of EVERYTHING being on L1 is insane
Note: This was never a requirement for Bitcoin Cash. It was only: Don't cripple L1 in order to force L2's. Because this hurts adoption and drives people to use other blockchains (which is what happened).
Development of L2's is OK (sidechains, drivechains, rollups, whatever). BCH even had a sidechain experiment (SmartBCH) which failed due to the bridge not being fully decentralized at the time. Lightning Network whitepaper even recommended big blocks (133MB) for global adoption, yet L1 scaling was neglected by BTC Core.

>The idea of EVERYTHING being on L1 is insane
- It's not. Have you run the numbers?
- even if, it's not the reason why BTC did not scale even a single byte the last 15 years. But crippling it is.
- If you don't scale L1 you make it a tool for the rich, the fee market, that is an auction in reality, makes sure of that.
>Additional layers of varying centralization will be added. Centralization is a bit of a feature here. Its an optimization
Just listen to these bankster puppets.

Hier ein Überblick bei Scalable: [https://de.scalable.capital/clean-page/crypto-multi/BTC](https://de.scalable.capital/clean-page/crypto-multi/BTC)
Der ETP muss eine Auslieferungsoption haben, dann ist der Gewinn nach einem Jahr steuerfrei.