BTCUSDT20241023P68000
Bitcoin / Tether USD Oct 23 2024 68000.00 Put
crypto

He has no money to add ETH 😂🔥
I personally think green will be a wash trade!
Sell Bitcoin purchased at higher prices and then buy the dip when everyone panics and says "omg Saylor is selling!"
He can claim a tax loss AND increase BTC per share, his stated goal is find anyway to increase BTC per share.

If you unironically believe BTC holds any real intrinsic value, you must also believe NFTs hold real intrinsic value.
Its all strings of numbers, glad the world is finally waking up.

If BTC can recover then we'll get santa rally.

A poorly leveraged BTC ETF is all I really see. It trading above NAV is an anomaly. Not that it can't continue to trade above NAV but usually you would find things trading above NAV where the actual strategy had some level of difficulty in implementation or just getting the equity or assets as a retail trader is difficult or impossible. If the market decides not to pay a premium at some point (which is the reasonable position), it's only real value is whatever BTC it has. Your basically paying a premium per $ of BTC, and for your generosity get a TON of counter party risk. I don't understand the bet at all, as what advantage does he have by being a "bigger player", if anything he is now more vulnerable, and can't move or protect positions with any real level of agility. Any move he takes to protect his position will likely further hurt his position, as it makes the news etc. As a small player you can take on actual leverage, exit and enter positions with ease with no effect on the market. If bitcoin makes some massive move in overnight, you can just stop our or exit a position. It would take bitcoin going to ZERO for you to lose all your money. Basically I can't think of ANY reason someone would choose to buy some MSTR vs just buying some bitcoin.

I would still buy some puts. BTC chart doesn't look good anyway. .
Secondly whatever I buy goes down, which I started to buy BTC recently.
Sometimes I should go with the opposite side what I want to do.

Hello! Im looking to buy Gold. Looking to pay as close to spot price as possible. Open to any denominations. Basically looking for good deals :)
Also looking to buy Platinum. looking for 1 ounce or greater but bars 10+ grams or more im interested as well.
I can only pay in crypto (BTC, Eth, Sol, USDC, USDT)
I look forward to hearing from you!

I recently performed this service for a friend of mine. I converted his bag of fiat to BTC over a 2-year period. Then I took him to the dairy Queen for a soft serve ice cream cone. He ate it and had a stroke and died. 😔

BTC from 92000 to 86000 in like 5 minutes ..................

BTC appears dropping like 1% every hour

BTC is the one true cryptocurrency. Everything else is a scam

1 BTC today might be 0.01 BTC in the future.

It ain't the yen carry. It ain't war. It ain't NVDA (yet). It is $BTC

All the unused ASIC chips have to be reused somehow.
Afterall, an ASIC board is just a stack of solo chips lined up and the big miner unit is a stack of ASIC boards on top of each other.
Interesting use case was the LTC solo WiFi router/miner, never heard of anyone scoring a block tho.
Would be a wishful thinking right now of having everyone run an ASIC chip at home. Some tried with BTC space heater but I haven’t heard of those hitting a block either.

Hey everyone!
So I, 20M, invest 2,500 dollars a month.
I do an on/off split where one month I do the full 2,500 into my stocks/ETfs, and the next month I’ll do 2,100 into stocks/ETFs, but 400 into crypto (only BTC and ETH, 200 dollars each)
As we’ve seen crypto has been falling a lot lately (BTC is well below 90k at the moment) and it leads me questioning, should I even be investing the 400 every other month into crypto that I usually do? Or just put my money straight into my stocks/ETS, and don’t do crypto?
I mainly see crypto as a gamble. Not as an investment, I just jumped on the crypto train because of all the hype, I’m not really sure what my money is even going into.
Any, and all advice is welcome! I plan to be in the market for a very very long time.
Thank you for taking time to read this and reply :)

It doesn't matter who created Bitcoin or who Satoshi is. Satoshi has no control over the Bitcoin protocol.
We know that Bitcoin came from decades of cypherpunks' work trying to create cryptographic digital money.
Increasing the maximum supply of BTC would require a hard fork and that would create a new altcoin with its own separate blockchain, but only as long as some cryptocurrency miners are willing to mine this separate altcoin. Bitcoin would still exist with its own separate blockchain and nothing about Bitcoin would have been changed. In fact, this has already happened many times. There have already been more than a hundred altcoins that have been created by forking off from Bitcoin.

if you believe in diminishing returns *and* -70-80% bear markets forever, then BTC has to go to 0 over time - that's just math
for the record, I *don't* believe that will happen
so either returns are not truly diminishing, or bear markets won't be as severe - can't have both and still have BTC be a growing asset 

BTC making my day cratering

Apologies, my original wording was poorly chosen (see edit). What I meant was that the 4 year cycles may no longer apply.
As for denying there is no such cycle and calling it astrology. I completely disagree.
It's very clear that in the past, for whatever reason BTC was following a 4 year (perhaps linked to the helvening) pattern. How else do you explain a recurring pattern that remained consistent for 12 years?
One last point re cycles and market dynamic's. Again, it is widely acknowledged that once you pass the previous all time high (after a sustained bear market), like it or not, you've started the next cycle and entered a bull market scenario.

I had a video card, a very powerful video card. Was going to mine BTC but got caught up playing Wow Wrath of the lich King

This promo has been so helpful and I’ve been stacking with Folds gift cards. Fold allows you to purchase gift cards with credit card. Take Amazon just got 7.5% back (5 gem 2.5 fold), Homedepot just got a new dishwasher and small oven 6.5% back (5 gem 1.5 fold) ontop of Black Friday 42% savings, Nintendo shop for the kids a whopping 10% back (5 Gem 5 Fold).
If your interested I have referral for fold that will get you $25 bitcoin. All my codes can be found on my Reddit bio and my linktree has the full list.
Fold is a visa branded debit card but they have awesome gift card selection. You can also DCA into bitcoin and you get daily free spins for rewards (including possibly winning 1 whole BTC if your in the spin+ paid tier). They are also set to launch there own BTC credit card in Q4 that is blanket 2% in BTC on everything.
Normally folds spinner is for sats but right now it’s for % boost on gift cards. 1% boost is super common but just for 2% boost last night. Pretty cool stacking hack.
https://preview.redd.it/n73nx3ukri4g1.jpeg?width=1170&format=pjpg&auto=webp&s=d3eaaf98ba8cf250e6b73c602ebfb7c06a114a28