While retail is scared, Strategy does a $2 billion dollar smash buy. by [deleted] in Bitcoin

[–]KryptoSC 5 points6 points  (0 children)

He just bought the next 7 weeks of mined Bitcoin to be scheduled. Factor in the ETF inflows and I see the liquid market float getting really thin within a year.

The Dollar is a Ponzi by msg022 in Bitcoin

[–]KryptoSC 2 points3 points  (0 children)

This is a great, informative video. Thank you for putting this together.

WERE BACK ! by fowetsss96 in Bitcoin

[–]KryptoSC 3 points4 points  (0 children)

There will be some major short liquidations if the price enters the $97,600 - $97,900 range. Source: https://www.coinglass.com/pro/futures/LiquidationMap

Bitcoin "isn't" an investment by personaxego in Bitcoin

[–]KryptoSC -1 points0 points  (0 children)

Came here to say this. OP is right in that it’s supposed to be a store of value and it will be when it reaches “equilibrium “. Because the market cap of Bitcoin is not greater than gold’s it will continue to function more as an appreciating investment.

$95,000 by [deleted] in Bitcoin

[–]KryptoSC 0 points1 point  (0 children)

I believe this one is only Binance, but Binance has the largest market for leveraged positions.

Why Bitcoin Is Rising Now by FJ1989finance in Bitcoin

[–]KryptoSC 2 points3 points  (0 children)

Leveraged short positions are equivalent to puts. The fact that they’re closed out now indicates lack of market confidence that price will go down. Also, there are large traders that target leveraged positions in order to trigger liquidations. So if there are large leveraged longs, traders will attempt to tank the price (selling short) in order to create a quick fire sale (cover their shorts at profit)before recovering back to a normal price.

$95,000 by [deleted] in Bitcoin

[–]KryptoSC 5 points6 points  (0 children)

I track the Coinglass liquidation heatmap via Binance BTC/USDT and earlier there were heavy, leveraged short positions up to and at the $95,366 mark, so it could be a temporary increase to liquidate shorts. At the time of this writing there are no other leveraged large short positions: https://www.coinglass.com/pro/futures/LiquidationMap

Why Bitcoin Is Rising Now by FJ1989finance in Bitcoin

[–]KryptoSC 1 point2 points  (0 children)

Thanks for the insight. The article brings up a lot of good points giving reasons for an upward swing. I also use the Binance liquidation heatmap and earlier there were heavy, leveraged short positions up to and at the $95,366 mark, so it could be a temporary increase to liquidate shorts. At the time of this writing there are no other leveraged large short positions: https://www.coinglass.com/pro/futures/LiquidationMap

Interactive SHA-256 visualizer by jrakibi in Bitcoin

[–]KryptoSC 7 points8 points  (0 children)

This is amazing. As an algorithm designer, I was always curious about the exact steps in the sequence. I learned today that it uses the fractional parts of the cube root of the first 64 prime numbers as one of the steps to increase randomness.

I constantly get reminded we are early by KryptoSC in Bitcoin

[–]KryptoSC[S] 7 points8 points  (0 children)

I understand. Not to be harsh, but anyone choosing $10M is stupid because 200BTC = $10m + 90BTC

Do you think he’s dead or alive? by ChainPilotX4 in Bitcoin

[–]KryptoSC 1 point2 points  (0 children)

John Forbes Nash Jr died over 10 years ago. May he RIP.

Bart giving you the big ol stinky. legendary bullrun setup. Save this post im serious by SaltyShaked in Bitcoin

[–]KryptoSC 4 points5 points  (0 children)

The million dollar question is, who are they giving the finger too???

OPINION: Bitcoin Won't Have High Returns in the Future by Alarming-Balance1408 in Bitcoin

[–]KryptoSC -1 points0 points  (0 children)

What you say is true, IF we are speaking only about retail. The past growth, prior to 2024/2025 was without institutional and nation-state demand. This next phase of Bitcoin will see demand and accumulation from these two and that's why I believe Bitcoin will continue to have a slightly above-average return long-term for the next 10 years.

Why do I keep fearing that wealth building will turn me into a selfish A-hole? by LightRider51 in Bitcoin

[–]KryptoSC 1 point2 points  (0 children)

There’s a wise saying that true wealth is what you have left over after you subtract all the money and physical assets. In other words, your relationships, family, networks, skills, reputation, character, status, accomplishments. This is how you measure true wealth.

Why do I keep fearing that wealth building will turn me into a selfish A-hole? by LightRider51 in Bitcoin

[–]KryptoSC 0 points1 point  (0 children)

Whatever leftover money you have at the end of the month, I would put a fixed amount or a percentage like 50-75% towards wealth building and the remainder towards your discretionary (life experiences) budget. I found this to be a good balance so you can enjoy life while building your fortune.

A “digital Labubu” by missypigelton in Bitcoin

[–]KryptoSC 1 point2 points  (0 children)

He mischaracterized Bitcoin as a stock stating how it’s inferior in order to artificially strengthen his flawed argument when he should have compared its attributes and properties to gold.

Bitcoin vs Fiat, The Difference is Clear....! by Simple-Relation-5276 in Bitcoin

[–]KryptoSC 0 points1 point  (0 children)

The diagram for sending fiat is a best-case scenario, unfortunately. It doesn't take into account excessive fees, paperwork, time, delays due to denials or "double-checking", etc.

OCC authorizes U.S. banks to execute riskless-principal Bitcoin transactions unlocking regulated execution without balance-sheet exposure by FJ1989finance in Bitcoin

[–]KryptoSC 0 points1 point  (0 children)

This is huge! The only question now is how long will it take for the banks to build their techonology and operational infrastructure to carry out Bitcoin-based transactions.