BTCUSDT20240601C68500
Bitcoin / Tether USD Jun 1 2024 68500.00 Call
crypto

Swap it to BTC and hold another 10 years.

I mined a few when it first came out, they were worth pennies. There is no way I wouldn't have sold before BTC hit $1k

No, that's kinda the opposite of what he said.
He said take 100 BTC, leverage-bet on *rising* prices (you now have 0 BTC because you got liquidated), then announce that the remaining coins will be verifiably destroyed, *increasing* the value of all remaining coins.
The leveraged short is a lot more sensible.

Check the market cap for gold, check the market cap for BTC, then check the news about countries building a BTC reserve, now open your calculator and apply gold mcap to BTC.

Highly doubtful, but you will still be in a great position. You’ll end up with several millions sats.
You don’t need 1 BTC. The vast majority of people will never own even close to this amount due to bitcoin’s supply cap compared to the population.

Bitcoin is BTC which can be identified by market cap, total users and adoption. Something that BSV doesn't have much of

Just crown him the patron saint of BTC already.

1 single entity holding 42% of the total supply, releasing 1% of the total supply , and then relocking them up to then sell again.
They’re the ultimate whale.
Every month they sell their bags, that they premined.
That’s not decentralized at all compared to POW or POS systems.
Imagine if satoshi’s wallet woke up and started releasing 1% of the total supply of BTC every month. That’s the reality of what’s going on with XRP
If my math is right, it will take over 40+ years for the ripple foundation to “unlock and sell” ( crazy that’s even a thing LOL) to reach wallet levels of around 2%
About the same amount of BTC microstrat holds.
So the ripple foundation is essentially 21 microstrategy’s put together who premined XRP, and will continue to dump XRP every month to the public. Because that’s how their system works .
Google what is the average price of XRP that the Ripple foundation owns. You won’t find an answer.
They sell XRP for below market value to other exchanges, who then turn around and sell that same XRP for a profit + fees on their exchanges.
It’s all within one google search my friend. DYOR
Ask yourself why the ripple foundation only sells XRP to “control inflation” and never buys up XRP to control inflation.
What about this screams decentralized to you?

Hello u/EitherSuccotash7912
[You have](/message/messages/4jighgz) **Longed ₿1.09685167** ($100,000.00 worth of BTC at the execution price of $91,170.03)
You have chosen 1X leverage: You have borrowed $0.00 from the Bitty Bot Bank and spent $100,000.00 from your cash balance.
This trade is not using leverage and cannot be liquidated.
You have not set a stop loss or a take profit price for this trade.
After opening this trade, your remaining cash balance is $0.00
Good luck!

Fund seems to have been listed for less than 2 months, I’m no guru in the space and I don’t think anyone has a crystal ball, but a lot of “technical analysis” (if that’s even real in crypto) have BTC cycling down until October of next year with some bounces on the way down. No idea how or where this narrative comes from, but it’s what I’ve been seeing everywhere $50-$60K which is why I posed the question. Will be interesting to follow.

Highjacking this because you still refuse to answer my question.
Send me something of value right now, and I’ll hypothetically pay you in whatever currency you want to match that value so that you’re not at a loss.
I live 1000 miles from you, I don’t have access to standard banking for a few reasons, make sure it’s not possible to double spend this value, I also need this “thing of value” to be indestructible because I want it to last my lifetime.. I’ll wait.
You said it yourself, value is subjective. The above is not and I see value in the above.
In reality what i truly see value in is the inability to debase BTC and its ease of storage and protection. I would love gold but I can’t carry around bars of gold nor do I trust myself to protect a safe full of it from my potentially dangerous government. There’s also no way to verify golds supply, any nation could have massive amounts stored away off books which could in theory devalue the float.

Do you guys really not know this guy? I hate to burst your bubbles guys, he turned out to be one of the most wrong crypto youtubers out there. He actually started his youtube channels many years ago (about 2020 from memory). And he basically called the direction wrong from 2022 all the way to 2024. He was hellbent (and downright cocky) that btc was going to crash to $8k. And when he ultimately turned out very wrong as BTC just kept pumping to over $100k, get this.....HE DELETED ALL HIS VIDEOS and started from scratch. 
Yep thats right. He deleted all the evidence. And all his social media comments are disabled cause hes trying to prevent getting exposed. 
Stay away from him. He's a scammer who begs for donations 😂

I bet he bought back in and has plenty of BTC.

If the amount you're investing is a meaningful enough, then spend a little more time and learn about the "why" of BTC. Too many focus on the $$.
Once you understand the "why", you'll worry litte about seeing it go up and down.
100% of buyers who held for a min of 4 years are in the green. It doesn't matter when you board the train. Just get on the train, hold and go make yourself a sandwich.

I went to prison from 2012 to 2017. I had a silk road account with a few bitcoin on it. If only I moved it to a wallet... I spent lots of BTC on that site when it was $5. I'm sure there are a few small time drug dealers that were locked up longer than me and got a nice multimillion dollar payday when the got out.

LOTS of excellent advice in your post...WOW. I would only add that investing in a spot BTC ETF is preferable to some, and there is nothing wrong with that. Let Merrill Lynch or Fidelity or whatever investment brokerage one uses deal with safely holding the BTC...also great for Roth IRA accounts.

I’ll be happy if BTC hit $100k by EOY.

If $500 BTC is given as a gift in the U.S. the cost basis is what the “giver” paid for it, the “receiver” if they sell it paid tax only on their gain.
A gift up to $19k doesn’t have to be reported by the giver and receiving a gift isn’t a taxable event. It’s only a taxable event if it’s sold.
Ex: I receive it from the giver and they paid $500 for it. If I sell it for $500 I owe $0 tax. If I sell it for $600 I owe tax on $100 assuming they pad $500 for it. If they paid $300 for it I owe tax on $300 if I sell for $600.
How long the giver and receiver held the BTC for also is a factor. More than a year is considered a long term cap gain and usually taxed lower, less than a year it’s taxed like ordinary income which could be higher.

Can't find api symbol for BTC nano perp futures

They have 2 BTC of mine. Support said it was a mistake and they will fix my balance but I haven’t seen it happen. All documented and a press release will be soon by my attorney if not resolved