BTCUSDT20240510C61000
Bitcoin / Tether USD May 10 2024 61000.00 Call
crypto

US election day November 5 in 2024 BTC was roughly 70k, 1 week later on November 12 BTC was about 88-90k

Me: *send you product*
You: *sends me BTC*
Product: *is defective*
You: refund please
Me: no
Now what?

Holy fuck I've never seen BTC drop this much!

BTC.D continues resurgence, upwards to 60%

It took me a while to realize this was a BTC post.

Everyone thinks GameStop buying Bitcoin is just Ryan Cohen trying to copy MicroStrategy. But what if it’s bigger? Hear me out:
* **GameStop already bought \~$500M in Bitcoin**. That’s not a meme move — that’s corporate treasury strategy.
* If GameStop keeps adding BTC, the stock stops being “just a retailer” and becomes a **Bitcoin ETF with leverage** (like MicroStrategy 2.0).
* Here’s the wild part: what if the **U.S. government WANTS this**?
Think about Intel — the feds didn’t buy stock, but they poured billions into it for “strategic reasons.” What if Bitcoin is the *next* strategic asset? Instead of Treasury holding BTC directly (political suicide), they let companies like GameStop load up. That way:
* Losses are private, not taxpayer.
* Gains still boost U.S. companies, markets, and taxable income.
* It’s a **shadow sovereign wealth fund** spread across meme stocks and corporates.
If that’s true, an announcement like “GameStop is part of America’s Bitcoin strategy” would be nuclear. GME would stop being a meme and start being a **government-backed Bitcoin proxy**. At that point, it’s not crazy to think it could go to **$200, $300, even beyond** depending on BTC’s path.
**TL;DR**: GameStop’s Bitcoin pivot might not just be Ryan Cohen’s idea — it could be a test run for a U.S. sovereign wealth fund strategy in disguise. If the government wants Bitcoin exposure without admitting it, GME could be their vehicle.

One of this has anything to do with bitcoin then. If you just care about what other families are doing with income to investment an whatnot. It doesn’t matter what they invest in really. You might be in BTC they might be in some ETFs or individual stocks it really doesn’t matter unless you are looking to discuss specific trading tether the just buy and hold. As far as tax treatment it’s no different then buying ETFs or stocks and holding long term. It’s all just capital gains in the end (unless the are full on dividends outside of registered accounts which is different tax wise.

Good if you want the number to go up, but bad if you have 0 BTC, OP

Not to be a maxi, but if you understand BTC and economics well enough, there is no more secure option. I appreciate the intention tho

If you’ve accumulated more than a few thousand dollars worth of BTC, you should move it to cold storage.

IMO start with ETF's and try to regularly put money into investing so it becomes a habit. Then if you love it start doing some research into companies you use and love yourself to see if they might be good individual stock buys. Maybe you could use like 70/30 of your funds. Remember though, over 50% of hedge funds don't beat the SP500 so you've either got to get lucky, understand it back to front or not care about beating the market because you want to own a part of XYZ for whatever reason.
I would look into learning about value investing, growth stocks, dividend stocks and speculative stocks. Then over the next 2-5 years you'll naturally start to build a strategy and a preference for a style of investing. Ultimately in the early days its about contributing as much money as possible from your income/savings and then it will snowball over the years.
I do not suggest you follow me for a second because I have a lot of financial engineering practices in place to manage my portfolio and risk levels but after 10 years of investing my preference now is to have a high conviction portfolio with stocks that have an asymmetrical upside. Outside of my retirement account which just follows the international market with an emphasis on USA, I'm 70% GME, 20% BTC, 5% RDDT and 5% in pure speculation plays.

Hey everyone,
I’m new to crypto and still learning the basics. Right now I keep my BTC and XRP on Coinbase, but I keep hearing people say you shouldn’t leave your coins on exchanges.
So I’m wondering, is Coinbase actually safe for storage, or should I move my coins to a cold wallet instead? I’ve seen Tangem recommended a lot as a good first wallet, especially for beginners.
What do you guys think? Stick with Coinbase or invest in Tangem (or another cold wallet)? Would love to hear your thoughts and experiences.

I saw a license plate last week in San Francisco that said BUY BTC.

F***ing well done. Take a moment to relish the feeling and then action forward! Get that BTC!

Get an account on Questrade or Wealthsimple and you can short the BTC ETF.

Big money is in BTC now. They will dump 1st, the most of us will panic dump. Many of us will loose our money, few will hold cause it’s the only thing we know how to do.
What will be of the most importance is what they do. Do they rug pull or buy the dip.

$BTC

BTC $155k, ETH 4.7k (SOL 275, XRP 3.75 and ADA 2.0 will continue to take market share from ETH), AVAX 75, Chainlink 50.
Dollar is another 4.5% weaker so in CHF, EUR, RMB terms these are barely ATHs.

🚨 UPDATE: Spot BTC$BTC ETFs saw $886.6M in net inflows last week, while ETH$ETH ETFs added $556.9M

If you're looking for leveraged exposure to Bitcoin without messing around with shady exchanges or low-volatility ETFs, Marathon Digital ($MARA) and Hut 8 Mining ($HUT) are the only crypto stocks worth betting big on right now. These aren’t just miners, they’re massive BTC holders with serious infrastructure plays. MARA holds over 44,000 BTC, while HUT just surpassed 10,000 BTC, giving both companies billion-dollar+ treasuries that ride Bitcoin's price like a built-in launchpad. On top of that, they’re aggressively expanding: MARA raised $2B to invest in wind power and data centers, while HUT is building out AI and HPC infrastructure, not just mining. These aren't the miners that sell Bitcoin to stay alive, they HODL and scale during both bull and bear markets.
Sure, these stocks come with volatility, MARA’s beta is nearly 6, meaning it moves harder than most altcoins. But with that risk comes real upside. Compared to other miners like Riot or Hive, MARA and HUT have the capital, scale, and strategic diversification to survive a bear and dominate a bull. If Bitcoin breaks past $100k, these aren’t going 1.5x, they’re going 3–5x if they execute. The combo of operational expansion, deep BTC reserves, and infrastructure plays gives them a real edge over the rest of the sector. I’m holding both, heavy in MARA for scale, and HUT for the higher-beta upside. Not financial advice, just the best setup I’ve found for the next leg of this crypto cycle.