BTCUSDT20240717C62500
Bitcoin / Tether USD Jul 17 2024 62500.00 Call
crypto

Then blame the con not the concept...Personal responsibility SHOULD factor into decision making...but, you do you.
RE Dirty money? For real? Reaching. Obviously. Without question the US Dollar has funded more criminal endeavors and HAS caused and is still causing more environmental destruction than BTC ...and this isn't even by a close margin or debatable. Assuming the dollar does not collapse, it will remain the primary unit of exchange for organized crime...because it's harder to trace...fyi.
To wit...this isn't even a hill worth dying on, an invention can not be inherently evil, and I think morality is the dumbest attribute to assign to something like an asset. You may not like BTC or understand the purpose, cool...but, as a virtue signal? do better.

The report made clear it was BTC/CAD. The other guy is just butt sore from my post

USDT/USDC/BTC/ETH = yes

I really appreciate this response. It confirmed my thoughts somewhat. I am considering being a BTC maxi as I am now at the point convinced fully by it. Kudos for holding since mid 2017! Crazy to hold so long. Did you ever want to sell near suspected tops/bottoms? Or easier to just hold through it all?

I purchased the majority of my BTC in January 2015, within days of a multi-year bottom. That purchase made me a millionaire by 2020.
I have very low conviction for Bitcoin for someone who has been holding for ten years, so it’s not that. I don’t talk about it outside of the internet and I’m certainly not convincing others to buy it. The enormous drops I’ve experienced is a major reason why.
I also wasn’t rich when I purchased in 2015. My net worth was less than $100k at the time.
What helped me was another insanely successful investment running in tandem, a Tesla stock purchase made in 2011. Much of my lifestyle inflation came from selling those shares over the years. I didn’t really start selling BTC until a couple years ago, and by then the balance in USD was so large that I could get away with selling only a few percent per year.
At this point, my unrealized gains are still well into the seven figures. Selling everything would cause an enormous tax bill. So I just sit back and go with the flow. Just as I have for the past decade. It has been working so far.

Came on my friend, this thanksgiving you didn’t look someone in the eye talking bs about your sats and the laser beam just hit you that hard ?
That’s the BTC karma, you must enjoy as much they enjoy not having sats .

Welp, I've bought several altcoins and of course BTC and they are ALL down, expect BTC and SOL, and ETH. Last week was rough and this week I'm still down 25%....so, what do you think? Do you like to gamble?

True. But these days for many average investors just wanted to get exposures to BTC price movement, ETF has a lot more merits - security, tax compliance, proof of asset, inheritance, etc.

Would you rather a $1000 bag of TRUMP, VRA, ANYONE or BTC

If you short BTC your in for a rough time

All of the money laundering in Ukraine goes straight to BTC. See today’s news lol

The thing most don‘t consider is this. It was OGs that made bitcoin great. Not BSCore, nor any of the saylors and NgUtards. A lot of us are utterly apalled of what happend to BTC. Some left crypto altogether, others moved to other coins, but a pretty big chunk is still around, still believing in Bitcoin. But none are still to be found in BTC.
It might be hoplessly nostalgic, but you don‘t give up a dream you believe in because some assholes come along and try to shit all over it…

The stock market rallies hard and BTC stays flat.
When the stock market actually crashes BTC will be obliterated.

1. RSSB: 30%
2. RSSX: 40%
3. AVUV: 30%
Rebalance once a year to target size.
You get a nice [60-20-20 portfolio](https://www.reuters.com/markets/wealth/morgan-stanley-cio-favors-602020-portfolio-strategy-with-gold-inflation-hedge-2025-09-16/) with a "side bet" of 10% BTC.

Here's a 30+ year backtest: [https://testfol.io/?s=jWgcEenJJX8](https://testfol.io/?s=jWgcEenJJX8)
You get to basically beat the 80-20 or the 60-40 with higher sharpe and higher returns. Either way be prepared to surf through 50% drawdowns in your lifetime.

Proof: https://imgur.com/a/jtTIz38
Additional pics with sigma upon request.
I have 2FA and won’t share passwords.
Most payments accepted, BTC+1%.
Shipping $5+ depending on method.
Silver spot price: $56.33/oz, $1811/kg.
* 1kg Nadir Bar $1810.
* (2) 10oz Morgan Design Bar $560ea.
* 2oz 2015 goat $111.
* 1oz 2018 dog $56.
* 1oz 2020 Kook $56.
* $10FV Quarters $370.

You are way too cautious. BTC deviates is the way if you want to get rich fast.

BTC please either go to 80 or go to 100k

I'd say because anyone with a full BTC likely has the conviction not to sell the BTC for money at this point, so 90k ≠ 1BTC.
There are many people in the world with 90k who would not put it into BTC. And there are many people in the world with 1 BTC who would not trade it for 90k. So having 1BTC and having 90k are inherently different.
As a final point, 1 BTC could be equivalent to 110k or 70k tomorrow. Another reason it is not the same as 90k.

You need to be careful because if USDC sure that’s a great move imo store whatever you need to buy in crypto fast with it and withdraw to pay bills/have some lifestyle expenses for the bills. You need to however consider the volatility of crypto if it goes against you and you got paid in BTC you WILL have to suffer any consequences that comes with it. Other than that pretty neat to get paid in crypto for sure

In commodities, cost of extraction sometimes influences price because supply is physically constrained. But in crypto BTC supply is fixed by code, not by mining cost. ETH supply is determined by burn vs issuance, not by mining cost. If every Bitcoin miner got free electricity tomorrow, 1 BTC would not become worthless. If every miner’s power cost tripled, 1 BTC wouldn’t suddenly be worth triple. Mining cost follows market price, not the other way around. In 2011, it cost pennies to mine 1 BTC. That doesn’t mean Bitcoin was intrinsically worth pennies. Crypto isn’t like diamonds or coal because scarcity is guaranteed by math, not mining difficulty. Security comes from economic incentives, not the cost of burning energy. So that analogy is garbage. It assumes that harder to produce = more valuable. If this were true Gold wouldn’t hold value even when new mines lower extraction costs. Digital assets couldn’t be valuable at all (because “production cost” is just electricity). Bitcoin itself wouldn’t have risen from $0.05 to $125k despite mining difficulty changing by over a trillion-fold.
So, to answer your question
Cost to produce 1 ETH: 0. Ethereum is Proof-of-Stake.
Cost to produce 1 BTC: Whatever miners pay for electricity after the market sets the price. Mining cost follows price, not the other way around.