Everyone so sure we are going up. I'm not saying i think it won't go up, but i dunno, this feels familiarly bad.

Will I drop €8 before the halving???

Lets fucking go

I was changing for the evening and my girlfriend asks me if I really wanted to wear my “Benjamin’s” for the halving. It doesn’t seem appropriate and she didn’t want our first kiss of the 5th epoch to be in my fiat boxers.

My training her is complete :)

Since coinbase has completely borked its trading view and made it unusable, what is a good alternative big exchange that has a good trading view with a price graph and a depth chart that you can zoom out a lot and is not fucking vertical? Don't know where else to follow bitcoin price and supply/demand now.

but an event called "halving" is coming up shortly.

approximately 7 blocks are left before it occurs

just wanted to let everyone know , just in case !

Let's go brothers, HODL, god bless

I sent a bitcoin transaction 3+ hours ago and paid 3x the “normal”/medium txn fee at about 150 sat/vb. Even now after using rbf to 240 sat/vb over an hour ago (double the current “effective fee rate”), the transaction keeps getting pushed to the next block and is stuck swimming in the mempool. Any thoughts why?

This is all hypothetical (sorta), trying to understand how it works.

Say I had 1 bitcoin worth 65k on an exchange and my basis was 30k. Above maximizing profits, I need to protect that 30k basis, no matter what happens, I need to be able to convert my bitcoin back to at least 30k USD. Reasons don't matter. (And these numbers are arbitrary)

So I set a stop-limit order.

As long as BTC is going up, everything is good, nothing changes.

If there were some rapid crash, that 30k floor is protected.

That dip may be long or short-lived, but hopefully I can more or less catch it at 30k on the way back, and buy back in more or less where I jumped off. I don't "time" things, just jump back in where I jumped out once it gets there. I may miss that too, and have to jump in a bit higher than I jumped out, and that too is ok because protecting the floor is the #1 priority over profits.

Rinse and repeat, let it rise, keep the stop limit order, catch some gains while protecting (and increasing?) that floor.

Yes, that means taxable events and transaction fees along the way which could mean the portfolio under-performs "simply HODLing" for the long haul. But assuming I don't care about that opportunity cost because I see it as a cost of protecting the floor which is more important than optimizing gains, for other reasons.

Is that essentially how to benefit from upside while placing a reliable floor on the downside? (This would apply to stocks just the same I'm sure)

I must be missing something. Anybody clear this up for me?

​

I said it four years ago and I plan to say it in four years:

It was a pleasure to hodl with you through this reward era. Here's to the next one.

This is a historic time to reminisce and to reflect.

A shit load has happened in the past four years, in life, in Bitcoin, in the world. Good and bad, everything.

FTX, shitcoin casinos tanking left and right, El Salvador, Saylor, Covid lockdowns, brutal bear market, then the bull with a new ath before the halving (first in Bitcoin's history), ETF approval and on and on.

Holy shit, what a ride it's been.

Cheers to each and every hodler out there in the world.

We'll meet again in 2028!

I got nothing to say, sorry guys and gents <3
I'm just amazed that it's 4/20 today in 2024 and we got a major halving coming up!

Blaze it guys, 15 more years!

Many people would initially think that solar eclipses are super rare. They say the next solar eclipse in the US would be in 2044 (20 years from now).

But they don't realize that solar eclipses happen in different countries and continents. There are actually more than 2 solar eclipses on earth per year on average.

So, if you don't want to wait 20 years to see a solar eclipse, you can get on a plane and go to a different country to see the solar eclipse.

You can't fly to a different country to catch another bitcoin halving.

Solar eclipses have happened since ancient humans and will continue to happen for centuries after our death.

Bitcoin only has 32 more halvings, with the last one being in 2140. We are witnessing a very monumental moment in real time

If i was a large financial institution I would push the BTC price to 20-30K straight after halving to cause a panic sell and buy at discount.

I wonder if top execs of the top institutions meet to establish some strategic price movements before important events like the halving.

I remember some athletes opting to get paid in bitcoin (or whatever coins they agreed to) like Trevor Lawrence, OBJ, Spencer Dinwiddie, etc. what’s everyone’s thoughts on this?

It's like bitcoin is expecting what to do and waiting until the halving by himself

/s

Friendly reminder the halving is now upon us and going to be in 1 hour and 50 minutes from the time of this posting.

Curious. What is the $amount where mining is a better investment than hodling? I like the idea of setting up a mining operation with someone who knows that they are doing, have like $100k (CAD) budget. Not sure if anyone here would participate with me as the financier but is it just better to hodl?

Does any body know how to use mempool as a screensaver ?

Do we have any estimates how many BTC are forever lost? (owners could have died, lost access, got confiscated etc)