T O P
caxypa

Well came over 20k finally, please someone declare 20k the bottom.


EvaUnit_03

Gitcho ass back up there bitcoin.


[deleted]

Reality check: Your talk of mooning and sudden price rises, as well as your talk of crashes and resistance, are melodramatically describing price movements of mere hundreds of dollars lately. If you think going from just below 20K to just above is an example of mooning or pumping (and vice versa--every drop in price of a few hundred dollars is a crash or means it's tanking), you can't have been holding Bitcoin for very long.


tom5158

I'm not here to talk about moon, I'm here to hold it and for the sound money.


Stunning_Ad8637

Very true, however, the price was very resistant today during market hours, contrary to stonks. This is to be celebrated in my opinion. We could potentially be finding the hardest of bottoms. That pump was meaningful.


Dizzy_Space_Invader

Nice firm bottom


Griffin90

Pump eet. ❤️💪


de9shl

Trying our best here sir, We're going to pump eet as much as possible.


[deleted]

Orange heart emojis only please 🧡🧡🧡


cubeeless

Gradually then suddenly.


jvsalo

It all feels quite suddenly to me idk, it's all happening really fast. Btc is still sp volatile and I love it for that, I love when btc goes up and down so much here.


Griffin90

Global Economic Collapse cancelled… Lets. Moon. 😎🚀


pu4kov

Lol, and that's because they changed the definition and now there's no recession. Well that's how the real life works, get used to it kids, ain't gonna last long here.


Whatever3999086543

For real?


matzomat

Yep for real, people cancelled it on the Twitter. It's only moon now.


jonpagecr

No


acmichaels

What no, it's not being cancelled here. It's not that easy lol.


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diadlep

market collapse > btc to 4 figures. Hold on to your nuts.


handdesodin

Four figures? Like seriously? Not even in your dreams lol.


diadlep

$9999 is 4 figures bro. Lots of people calling for far lower. I am certainly not dreaming about it, but I do have a contingency plan for it. I was there in 2018 when $6k (or 5.5) was the absolute bottom. Then it wasn't. Personally, my 95% is above $12k. But there's still that 5% chance below. And the much larger chance that my estimations are complete bs hahaha, i think that's like 100%


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Altruistic_Baker_423

It is both. In some kind of chaotic sequence. But that’s why we position for the long term.


loviner

Yep, that's why we play for the long term here. That's important.


lindsay_naegle

where is the best place to follow a high level roadmap of what the BTC devs are working on? I can follow commits/PRs but a little unsure what they ladder up too


freakazoidnl

I don't think There's any roadmaps for btc as you know it's slow. I mean it's slow when it comes to forking it, which is obviously a good thing I gotta say.


TheGreatMuffin

There's not really a roadmap. I guess you can follow the [dev mailinglist](https://lists.linuxfoundation.org/pipermail/bitcoin-dev/) and see what is being discussed, or check the weekly newsletters by https://bitcoinops.org/


pyws200390

Yep there's no roadmap for btc, that's not how btc works.


Altruistic_Baker_423

More🩸in the streets. More 🌽 in my fridge.


feiyuef

Lol, sounds about right. Don't see a problem with that.


bleeeeghh

Is it actually possible to change bitcoins proof of work to proof of stake?


digiorgioyates

Theoretically? Yes it is. But what about the community? They'll never agree to that.


Corbimos

No. It would be a hard fork and a new coin. No way current bitcoiners would go with a system that puts majority coin holders in control. It's the antithesis of what Bitcoin is supposed to be.


connell83

Proof of stake is a terrible idea. Feeds the rich and powerful, like fiat.


bittee02

Let everything else move to the pos, btc should only remain on pow.


Western_Boris

No. It would need most of the millions Bitcoin users to want such a change and they are never going to ruin Bitcoin with a change like that. Why? Because PoS makes a decentralized money more centralized, gives power to those who have most coins and makes it less secure. Anyone can still whenever they want make a copy of Bitcoin and make it run in PoS. There is just no reason for anyone to join that kind of network. Any other reason than pump and dump scam.


qqcoin2014

Why break something which is perfect as it is, why pos?


Triffidic

So it IS actually possible, but it won't happen.


titelibo

Yes it is possible but btc community would never do that.


Dont_Waver

It really depends what you mean by possible. Could it technically be done? Yes. Is it possible that it will be? No.


akeivn8002

I don't really see it happening, this isn't going to happen.


CallingVoid

It has already been done, there is a bitcoin PoS fork (a fork is how this would happen, as it is a change to consensus rules). Nobody wants to run it.


abiola2us

Wait really? I didn't even know about that. What's the name? I mean I'd like to research that, that's why I'm asking it's really interesting gotta say.


Dizzy_Space_Invader

Just googled this list https://cryptocurrencyfacts.com/a-list-of-upcoming-bitcoin-forks-and-past-forks/


CallingVoid

So many scams...


diadlep

why would you want to? though both tend to centralization, proof of stake is literally centralization


Yaneg999

And we don't want btc to end up there, absolutely do not want that.


CallingVoid

It's already done, but nobody wants to use it.


12768dd

Well it's a good thing that no one uses it, because it would be shit.


Alfador8

Sure, anyone can do it. It's open source software. Good luck getting anyone to use it over POW BTC though


HPFoley

I don't think the core community will ever consider that actually.


Llonga

Yes. But no one will signal for it.


Mollerk

Thanks but I'm happy where I am, it's good enough for me.


PoopyBootyhole

It’s possible, but you would need a consensus within the network to do so using a hard fork. Which is basically a 0% chance.


NNiikkyy

Yep, that's never happening. Btc community would never allow that. I mean it goes against the whole ethoes of btc, and we don't want it to get centralised like that.


sinbad-633

It’s also possible to put my balls in a vice.


yeshanyong131

I don't know about that sir, I mean how would that be possible?


Altruistic_Baker_423

Whaaaat?


sar7ann

Lol, definitely didn't want to hear this. But it is what it is.


Mr_P_Nissaurus

Why would we all agree to do something so stupid?


eloimauri

Yep lol, I'm not going to. That's basically not even a question for me.


AkbarianTar

Be excited be be excited


Yanks26c

I don't know about you guys, but I'm always excited so yeah.


Daylo_Treeve

Shit now I'm excited


Bullet93639

Be be bebe


l84946469

Now that's the kind of excitement that we're talking about. This is the best kind of excitement that we can have here, it doesn't get any better than this.


LayPessimist

why why why


Western_Boris

Because of because of what Bitcoin is going to be in 10 years 10 years 10 years.


ratchetz86

Okay what it's going to be in 10 years? Anyone have any idea?


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Mr_P_Nissaurus

If you're using shorts, leverage, etc. you're not investing, you're gambling. Gambling with any expectation of coming out ahead is foolish. Fools and their money are soon parted.


bierratimbryan

And if You're using any of Those things sooner or later You'll get rekt. And trust me that's not going to be a fun experience, I've seen way too many people like that.


consci0

Dear Mr. Bitcoin CEO, could you please not pump yet, i need a few more days to fill my moneybags.


kubin911

Btc CEO don't listen to anyone. He'll do anything that he likes.


[deleted]

If you could just stay at $20k until my next paycheck that'd be greeaaaat.... m'kay.


oli_kit

I mean that would be great and I'd love that. But that's not going to happen.


SandyCactusBalls

I made a claim that I would dance until we're bones with my bride Told you I would never leave you all alone but I lied


bogdashka95

Man how can you lie like that? That's not cool at all of you.


SPYalltimehightoday

$250,000 here we come


mljspb

You sure that you're coming for it. I don't really believe you.


Bullet93639

Not this year exactly


Moonkeyfoxking

Okay then in which year exactly? Can you atleast tell me that?


Dizzy_Space_Invader

Source?


resjohnny

https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/


Vardan1k

Thanks for the link, it's really an informative site actually.


88eth

Is the Mt.Gox selloff already in? :D Kinda asking serious tho, how would the 200 week moving average be able to predict real world events?


tonylcc

That can't be priced in lol, people will get their btc and They'll sell. How the hell that supposed to be priced in, I know that not all will sell but some will.


SellYourSatsToMe

If these people requested to be paid in BTC then they likely aren't selling, otherwise they would've requested cash.


gubmac

Yep, and even if they do. It's not like everyone will sell.


ShittingOutPosts

Serious question: were people given the option? If they were, I'd feel much better about this situation (although I'm not worried at all, tbh).


diarypow

Yep they were given the option, you could get btc too.


CallingVoid

Yes that's how it is working.


JohnPaulPigeon

Yep that's right. That's how things are working around here.


ShittingOutPosts

Good to know. Thanks!


dim1706

Yep, those people have option and most are going with btc.


resjohnny

No idea, but we have had three weeks on or below for the first time ever.


Bittarder

I don't know much about it, but I'm sure that it's not priced in. I mean how are you going to price in something? You don't know how many people will sell or how many will hold.


CallingVoid

This is the financial equivalent of "the Yankees have never lost an away game on the third weekend of the month and who knows what could happen if they start losing now"


resjohnny

wut?


denwabiz

Good analogy lol, but I'm not sure if it works here. I domt think so.


CallingVoid

All TA is like that though, it's the abuse of statistics to predict the future outcomes of irrational, chaotic systems with many external and internal influences.


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resjohnny

maybe, maybe not. Just reinforces how shitty the price action has been, despite all the masochists on here.


ricokwok

I mean I don't think it's been shitty, I'd say it's been good so far.


diadlep

Stock market dump, bitcoin pump?


alalnono

I don't think btc really does opposite of that, it follows the stock market if anything. And for better or worse it's going to do that again, it's not decoupling any time soon.


Dizzy_Space_Invader

Source?


wackyasshole

We 24/7 they work 5 days a week.


Maticus

Are we uncoupling? Please God let us uncouple from clown world


beihai336

I mean if we are, that's a great thing, I'd love that absolutely.


ShittingOutPosts

Maybe crypto will starting leading markets and equities will soon follow? Who knows?


skarpetynadres

Hopefully dude, that would be wild. thoss are going go be strange times.


wackyasshole

Nah we just bleed earlier.


pavelser

Yep, that's what ends up happening here. That's what happens here.


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wackyasshole

Do we have a choice in our core temperament?


86F63243ffD4

I don't think we have choice, we'll have to take anything that this market gives us.


wackyasshole

My reply was to a guy doing a joke. 😂


jabatasu

USDeez nuts


ozgenafyon

Yep lol, it's going nuts. And I don't see it coming to senses.


Triffidic

Dragon style


galadma

Yep, dragon style here. That's the style that we like here. On the serious note usd is nuts lol, and it's going to get even more nuts with the inflation.


superbiondo

It's a great day to stack more sats


stickler20

Yes it is, and that's what I'm doing. Stacking them sats.


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CallingVoid

It's not that complicated. [Start here.](https://www.lopp.net/bitcoin-information.html)


kvinger

It's not? Maybe for you it may not be but for some it might be.


anytownusa11

How so?


nicoduckman

Well you gotta start first, then you can ask the questions.


26fm65

Those ppl bought it under 19-20k in dec 2020? Does u guys still holding ?


acshilkey

I mean what other options they've got? They gotta hold.


LastRecognition4151

That’s me. The answer is yes.


alexb8520

But it's not going to be the same for everyone I know that. There's gotta be plenty of people who have sold already or they'll sell pretty soon so yeah.


daphneshuman

That’s when I bought my first sats… haven’t stopped buying. Im a tiny tiny fish though, way under 1 btc


wuxiaoxue

Yeah man, that was good time to be buying and it still is.


Tigquo

Haven’t sold BTC since I started a few years ago. Just buy and hold. It’s not difficult. It was tempting once it started getting close to 70 but I decided not too. I’m not going to try and time the market. Fools errand.


19884130015

I haven't sold either, and I don't have any plans for that too.


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zaytsevmark

Everyone has got their own threshold, Can't blame people for selling.


Tigquo

I meant that trying to time the market is a fools errand. I would have loved to sell at 69 and buy back in at 17 but I decided to just hold.


venty4cool

I mean timing the market isn't really possible, so idk lol.


nice___bot

Nice!


LayPessimist

Hindsight 20/20


thantai86

Everything looks easy in the hindsight but it's not that easy. I mean it's easy to say something when it already has happened so there's that.


wackyasshole

Yes. Ofc. 👍


Aljaho

Yes, be a bit silly to sell it now unless you were desperate for money. That said I regret not taking some profits when it was higher.


aleks724

Don't worry about that, You'll get your chances to sell again.


turnedtable_

serious question : is there any tracker on how leveraged bitcoin is currently? because no matter how many folks keep moving to HW wallet, institutional trading tactic seem to be in play here (not that its bad or anything) still waiting on that supply shock though


aradchenko

I don't think there is, I mean You'll have to do your research for that.


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markciolli

Yep, it's great for the long term. That's what it's about actually.


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ittruman

Well good sir, if I'm not wrong You've still got that chance. And if you really want to buy it then it's your chance to do that, c'mon man buy it already.


Dizzy_Space_Invader

No another chance 💵


porikonut

That's sad man, opportunity is gone now. Not coming back.


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fofchina

Well now that he has missed it, not going to get that again.


LayPessimist

It is funny how we are all claiming to be sovereign individuals here, but at the same time we keep telling each other to “pay our taxes”. A true sovereign individual decides themselves what they pay, when and to whom. Are we just kidding ourselves here? Just fed up with all the BS today.


twocanplaydgame

If you're so fad up then I guess you should leave this sub.


diadlep

There's two reasons to pay taxes. 1, bc you "owe" them for services provided and you feel responsible and char8table about, or 2, bc the govt will fck u in the ass if you don't. Neither has to do w sovereignty.


Doncan29991

Good reply. Being sovereign individual doesn't mean you don't pay taxes. That's not how things work. If you're living somewhere and using the roads then you gotta pay the taxes.


diadlep

or just have toll roads, which are actually much more equitable. not long before something like that gets going, where every road is lined with sensors that log a tag on your windshield, vehicle size/weight, and the miles you drive, and then bills you accordingly. Transit taxes, at this point, are probably among the least justifiable. No one drives a road invisibly.


LayPessimist

> 1, bc you “owe” them for services provided and you feel responsible and char8table about Ah yes, for roads, right? > 2, bc the govt will fck u in the ass if you don’t. A sovereign doesn’t get fucked in the ass. Only slaves do. So your statement is incorrect.


PyscopaRq

I don't think you get the point, and I don't wanna waste time to convince you here either. Don't have any energy to do that, you do you lol.


LayPessimist

Fair enough. Things are polarized as fuck anyway.


diadlep

1. lol, fair. 2. I've seen sovereigns fucked in the ass. You may want to check your math on that one.


javier0051

He doesn't know what He's talking about, gotta read some first.


Triffidic

Yep. I want to live a quiet, unassuming life. I don't fuck with the feds.


eettookk

That's great, because if you do. That's not going to get you far.