JUST IN:European Central Bank cuts rates to 2%.
The Fed is next.
https://redd.it/1l420jr
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"Nobody can ban Bitcoin" - Putin
https://redd.it/1l3yobk
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Everything is bullish for bitcoin
https://redd.it/1l3xn6t
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Turning 60 next year no children and will have around 14-16 BTC
I don't think it'll be enough to retire in Syracuse, NY.
I'm thinking of renting out my house and going to Asia for a couple of years to live off my 0.5 not KYC BTC in case the timing isn't great to cash out.
Bad idea or not? Are their ATMs in some countries where I can live off mainly the cash without declaring it? Places to rent flats with BTC?
https://redd.it/1l3w7a4
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The next bubble to pop - btc treasury companies.
Looking for smarter brains than me to weigh in. I heard there are over 100 publicly traded companies that are or will convert into basically bitcoin treasury companies, and the basic model is borrow to buy btc, the. Borrow more and buy more. That is just in USA with dozens more internationally.
Seems a bit of a fad/meme with more announcements every week.
Isn't this just a giant short target? They will all have a liquidation point (where the value of the btc is lower than the value of the debt) so won't it be quite easy for a large player to max sell btc causing some to go bust (which then of course causes those companies to sell which causes more companies to hit bankruptcy).
The stock is particularly interesting for a hedge fund to short because it's publically traded, you can see at which point the equity goes to zero. Btc could get halved but the equity is 100pct return. If the btc doubles I'd assume these companies are just going to issue more debt and buy more btc so their average entry price is always rising and their leverage dosent go down vs assets as they will keep piling on debt. Only takes one badly run balance sheet to cause a pop then 99 more companies in the cross hairs.
High entry price and high leverage = short target.
Can someone tell me if this is over simplistic?
https://redd.it/1l3olgd
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I just saw an article that James Howells is abandoning his search for his HD (with $700 mil+), lost in a British landfill.
https://redd.it/1l3myfg
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10 Totally Legit Reasons Why Bitcoin Will Drop to $10K This Month
Look, I’ve been in crypto since last Tuesday, so I know what I’m talking about. After extensive research (aka reading three tweets and watching a TikTok of a guy yelling into his Lambo’s glovebox), I’ve uncovered the 10 irrefutable, stone-cold, can’t-miss reasons why Bitcoin is definitely going to crash to $10,000 this month.
Let’s get into it.
1. Too Much Decentralization.
No CEO? No customer service hotline? Who do I yell at when the price drops? myself? Ridiculous. At least when a bank screws me over, I can enjoy the hold music.
2. Scarcity Is a Red Flag.
Only 21 million coins? That’s clearly a scam. Real money is printed in unlimited quantities by trusted institutions, like a kid with a broken crayon factory.
3. Miners Are Just Fancy Video Gamers.
Why should I trust a financial system secured by sweaty dudes running up their power bills in Idaho? If I wanted my money protected by gamers, I’d store my savings in RuneScape GP.
4. It's Too Secure.
You mean I can’t call Visa and reverse the transaction if I accidentally send it to the wrong wallet? What is this, personal responsibility? Gross.
5. Elon Hasn't Tweeted in 3 Days.
Without our crypto overlord's cryptic memes, how is the market supposed to know how to feel? We’re flying blind, people.
6. Institutions Are Involved Now.
Oh great, the same folks who brought us the 2008 crash are now buying Bitcoin. What could possibly go wrong? Can’t wait for Bitcoin-backed mortgage derivatives.
7. ETFs Exist Now, So It’s Clearly Over.
If grandma can buy Bitcoin from her Charles Schwab account between knitting breaks, then it’s officially uncool. Price collapse imminent.
8. Too Many Laser Eyes on Twitter.
Correlation = causation. Every time I see a new influencer add laser eyes to their profile pic, the price tanks. It’s like a curse. Stop doing it, Brad.
9. No One Understands It (So Obviously It's Bad).
It’s been 15 years and I still don’t get how the blockchain works. If it can’t be explained by a sock puppet in 30 seconds, it’s fake news.
10. It Hasn't Gone to Zero Yet. Suspicious.
Every single asset I’ve ever invested in has gone to zero, so the fact that Bitcoin hasn't yet must mean it’s just about to. It’s the natural cycle of things. Trust the process.
So yeah, Bitcoin to $10K. This month. Maybe tomorrow. Definitely soon. I’m putting all my savings into Pokemon cards and canned beans. Join me before it’s too late.
Not financial advice. Just prophetic insight.
https://redd.it/1l3fmpq
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Feeling left out
I am 29M and I just reached 0.27 BTC. I started over 7 years ago and living in a third world country with worthless fiat and salary I put everything I could into this. I can't help but feel like I am being left out and I might never be able to have a full bitcoin or even enough to provide a comfortable life for the family. Do you think the 1 BTC dream is still possible?
https://redd.it/1l3hm5h
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Daily Bitcoin meme until BTC is at $200,000 #14
https://redd.it/1l3dggn
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~3 Year Update: I Took Out $150,000 in Personal Loans to Buy Bitcoin!
tl;dr: Over the course of the past \~3 years, I took out \~$150,000 in personal loans and 0% credit card balance transfer loans to purchase 4.75 Bitcoin. I've paid \~$15,000 in interest so far and currently have a \~$40,000 remaining balance.
Today, June 4th, Bitcoin is trading at $105,000 which brings the current value of my 4.75₿ to $498,750.
The average price I paid is \~$35,000 per Bitcoin.
My total cost basis is \~$165,000 ($150k in loans + $15k in interest).
This comes to \~201% unrealized profit or \~$333,000 in dollar terms.
What’s new since my last update?
I know that for like the past 3 updates I said I wouldn’t take out any more loans, but I lied again! I took out another 0% balance transfer loan for $25,000 to purchase 0.25₿ when Bitcoin hit $100k.
I was so close to having it all paid off too. I was down to just $20,000 remaining balance, but I simply couldn’t resist.
What’s next?
I have no plans to sell any of it. Just buy and hold. Retire early. I service the debt with earned income from my job. I can easily afford the payments. I should have it all paid off by mid 2026… so long as I don’t take out even more loans to buy even more Bitcoin!
Also, as mentioned in my 2.5 year update, I paid off all of the personal loans! So no more interest charges accruing. The remaining \~$40,000 I owe is from the balance transfers which have 0% interest for at least the next 6-12 months depending upon the card. I'm sure I'll have them all paid off before then.
I’ve made updates every \~6 months or so. Feel free to view my post history to learn more about my strategy.
Most Frequently Asked Questions I get?
1. Why take out loans when I could just buy Bitcoin from earned income?
If I only did that, then I would not have been able to buy nearly as much Bitcoin as I did at the lowest prices. Back in 2022, I knew we were in a bear market. I also knew that it wouldn’t last more than a couple years.
I view it as a “Reverse DCA." I pay the loans each month instead of DCA. This allowed me to buy a lot more Bitcoin than I otherwise would have been able to buy. I can easily afford the monthly payments to service the debt. I borrow responsibly.
If I had just DCA’d these past 3 years, I would have only been able to acquire less than half of what I got from using the loan strategy. The loans allowed me to buy more Bitcoin when the price was in the $16-35K range.
I you’ve been following my updates, you’d know that the majority of my 4.75₿ was purchased from February 2022 to October 2023 when it was in the aforementioned $16-35k range.
My recent purchase of 0.25₿ for $25,000 was kinda painful to be honest. Especially considering that just 2.5 years ago that much would have gotten me \~1.25₿… big yikes!
2. This is too risky. You’re insane. You’re gambling. Never take out loans to buy Bitcoin!
Taking out loans to buy assets is fine, so long as you can afford to responsibly service the debt. Just don’t take out loans to buy liabilities!!! This is what most Americans get wrong. They take out loans to buy liabilities such as vacations, shopping sprees, cars, jewelry, etc…
I have a thesis an a strategy…
My thesis is simple: due to reckless fiscal and monetary policy (money printing) by our government, the US dollar will continue to depreciate in value, i.e. inflation.
My strategy: take out loans in USD and buy hard money like BTC which will appreciate in value against the USD.
The strategy is basically a speculative attack on the US dollar. Wall Street traders have been doing the same thing for decades. Have you hear of the Yen Carry Trade? I’m doing the same thing except with USD and BTC.
If you look at all the successful, filthy rich Wall Street investors, you’ll see that they all have one thing in common: they used leverage (borrowing) to buy assets. None of them got rich by working hard, saving money and investing in the S&P500. They all use intelligent leverage and they all concentrate it on a few
Why this bitcoin cycle feels like 2017—and a parabolic move may be coming.
https://redd.it/1l357mw
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Saifedean Ammous: "If your business model can’t handle a -80% Bitcoin drawdown, rework your business model right now, because I think we’re getting toward the very shaky ground of the top and the fall from it."
https://redd.it/1l34gih
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Imagine how many bitcoins are resting in the void 😳 😭
https://redd.it/1l2we5m
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This is why we bitcoin
https://redd.it/1l40ur9
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Every bitcoin you dont buy costs you $13 Million
https://redd.it/1l3xjs7
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I took the leap
Seems like there are a few of these posts going round at the moment. Today I pulled the trigger and I am now also “all in”. Set up my SMSF, rolled over all my funds from my now defunct UniSuper account and moved it all to Independent Reserve In 50k chunks and now own about 1.5 coins. Had a slight hiccup along the way with ANZ fraud department freezing my first two transactions but other than that it was pretty smooth sailing. I plan on DCA my monthly employer contributions (about $1400 a month) solely into more bitcoin. No I have no diversification, no I don’t have a plan B. I have strong conviction and faith in Bitcoin. Should have done it years ago but better late than never. I’m 45 so I have a 15-20 year long hold position. Let’s go….
https://redd.it/1l3uc03
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These 5 nations hold the most Bitcoin 🏛️
https://redd.it/1l3rfs9
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Daily Discussion, June 05, 2025
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!
If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.
Please check the previous discussion thread for unanswered questions.
https://redd.it/1l3rtrt
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Where do you think we’re at?
https://redd.it/1l3m54n
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Europe's first bitcoin treasury company bought 624 BTC for €60.2 million, bringing their total holdings to 1471 BTC
https://bitcoinmagazine.com/news/the-blockchain-group-buys-69-million-worth-of-bitcoin
https://redd.it/1l3fn2n
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high conviction assets.
For myself, I’m not so concerned about becoming filthy rich, I just want to have financial security, independence and sovereignty. This is why I Bitcoin.
https://redd.it/1l3e9g6
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Cathie Wood on Bitcoins supply demand "Imbalance"
https://redd.it/1l39ly6
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Twenty One Capital Receives 37,000 BTC From Investing Partners
https://bitcoinnews.com/markets/twenty-one-capital-receives-37000-btc/
https://redd.it/1l35cua
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"Bitcoin Should be Treated Like Cash, Australian Judge Rules"
Expect this judge to retire soon and a reversal on appeal.
https://investingnews.com/bitcoin-cash-australian-judge/
https://redd.it/1l34yx6
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58 million fiat millionaires in the world. 21 million Bitcoin.
https://redd.it/1l31bs7
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Get off the train, lads
https://redd.it/1l2wh5g
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