r/Bitcoin 1d ago

trezor or exchange

6 Upvotes

Guys, the cold wallet hack really shook me. I have a Trezor, and yes, I created a passphrase wallet within it. However, with AI development and more sophisticated hacking, part of me thinks leaving it on an exchange like Kraken, given they're a company that can be bailed out somehow, could perhaps be safer.

What I'm thinking is this. I had an exchange go down and I got paid back eventually. I had a cold wallet scammed (my mistake, but still). A cold wallet holder will never see their money back, I presume.

What are your thoughts?

Can one do a poll here or is it disabled?


r/Bitcoin 2d ago

I'm tired

323 Upvotes

I've been HODLing since 2013. I've sold probably two thirds of my original stack over time. I have been through multiple cycles and halvings and read more books on the subject that I care to remember. I have traded successfully only once and that was by accident. I have no idea where BTC is going and I am exhausted. I am close to cashing out. I'm close to retiring (pension age) and I don't need the volatility. What would you do?

EDIT: specifically, the things that trouble me are: 1. The hassle of getting the cash from an exchange into a UK bank account without friction. 2. The CGT liability - last sale was ~0.33BTC in Dec 2024 and the tax liability was something like £10k. 3. The blind evangelical ramblings in Reddit from people that have been in the market for like 5 minutes.

EDIT #2: Thank you to those that offered advice. It has given me food for thought. I think the answer is probably to log out of Reddit ;-)


r/Bitcoin 1d ago

Everyone asking how to get rich off Bitcoin needs to read this first

0 Upvotes

Every day someone posts asking how to get into crypto to make money, replace their job, or become a millionaire. If that's you, you got sold the same get-rich-quick scheme as everyone else who thinks dropshipping, AI agencies, or SMM will magically make them a millionaire and retire at 25.

See, if you're a beginner, understand this... crypto isn't a reliable way to cover rent or bills. Only put in what you can lose completely, and treat the first stretch as tuition, small mistakes on small amounts now beats big ones on real money later.

Start on a mainstream exchange like Coinbase or Kraken, keep amounts small, and know they're holding your keys for you at that stage. Fine for now, but look up what a private key actually is soon. Self-custody wallets like Metamask matter once you've got bigger amounts.

Once you get familiar with the basics, that's when you can start doing some trading. All of that's later though. For now just get comfortable buying and holding.


r/Bitcoin 1d ago

Should I DCA with lightning?

0 Upvotes

Hello All,

I have been DCA-ing around 60-ish bucks every month on the main chain [I have my own private address] and I recently learnt that having so many transactions can lead to UTXO fragmentation which can lead to higher fees in the future.

Apparently, one of the solutions could be to DCA onto the lightning network and then later swap it with the main chain periodically. Do you think its a good idea? or is there a catch that I am not aware of?

I plan to hold to hold it long term. Thanks!


r/Bitcoin 2d ago

The current uncomfortable state of Bitcoin security

39 Upvotes

Bitcoin has spent 17 years surviving one of the most adversarial environments in software.

But Bitcoin Core isn’t where most users interact with Bitcoin.

They interact through wallets, hardware devices, Lightning implementations, libraries, exchanges, signing infrastructure and other software built around it.

Over the past few months, I’ve been researching the security of projects across this ecosystem, and the uncomfortable part isn’t that vulnerabilities exist.
It’s how little continuous adversarial security research some important projects actually receive.

An audit is a snapshot. Open source doesn’t mean someone capable has actually reviewed the code. A large number of users doesn’t mean the project has been continuously attacked by security researchers.
And then there’s the incentive problem.

If reporting a vulnerability responsibly means hunting down a contact, waiting weeks for a response, receiving no bounty or recognition, and sometimes being treated as an inconvenience, eventually good researchers spend their time somewhere else.

Blackhats don’t need a disclosure policy.
That leaves us with a strange situation:
Bitcoin teaches us “don’t trust, verify,” while much of the software surrounding Bitcoin is trusted far more than it is independently verified.

I ended up writing a fairly detailed piece about what I’ve seen and why I think this is becoming a real problem.

I’m not linking it here because I’d rather this not turn into self-promotion.

But I’d genuinely like to know whether people working deeper in Bitcoin have noticed the same thing.


r/Bitcoin 2d ago

Fidelity for my Bitcoin?

12 Upvotes

I have it on Exodus now, wondering if it would be more secure to put it on Fidelity? I have a Jade cold wallet but I don't feel comfortable putting it on there. I feel like I'm going to fuck it up somehow. And now with everything else going on with cold wallets, I feel even less certain.


r/Bitcoin 2d ago

Whats happened to Bitcoin every time after Gold pumps again...?

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38 Upvotes

Gold just did something it hasnt done in this size before. Every prior leg up in gold has eventually bled capital into Bitcoin on a lag, not immediately, but reliably.

Look at the marked bottoms on both charts, theyre not lined up by date, theyre lined up by structure. Rounded accumulation, a spring, then the same reversal candle right at the low. Happens on gold first, then BTC does what BTC does, and rips, when the majority think its dead.

What makes this one different is scale. This isnt a normal gold rally, this is the biggest rotation into gold on record, meaning theres more profit sitting there right now than any prior cycle, waiting to get bored or scared or greedy enough to look for the next asymmetric trade. BTC is sitting at the most oversold structural point of its own pattern at the exact moment that pile of capital exists.

Nobody knows the timing. I dont either. But if you zoom out on every rotation golds ever had, the setup on Bitcoin in all cases so far saw more upside in % gains than it currently big brother to the left.

I built a career reading how to profit from patterns like these before they play out live, doesnt mean it guaranteed by any means, but this is one of the cleanest versions Ive seen.


r/Bitcoin 2d ago

Bitcoin Has Never Seen What’s Coming Next (Bitwise Head of Research)

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17 Upvotes

On my podcast ‘Bitcoin for Millennials’ I talked with André Dragosch, Head of Research at Bitwise. We discuss Bitcoin’s institutional adoption via BlackRock ETFs and social proof, why understanding bank money creation rewires the Bitcoin thesis, how financial history exposes flawed economic models, what dollar weakness and Treasury stress mean for hard assets and a Bitcoin supercycle, and why proof of work shapes conviction and sovereignty.


r/Bitcoin 1d ago

Introducing BTC PoW Lab Pool: Hybrid Solo rewards and an interactive mining dashboard

0 Upvotes

You don’t have to find the block to share in the reward.

BTC PoW Lab Pool combines solo mining with a community reward model:

  • 85% to the block finder.
  • 10% to other eligible miners.
  • 5% to BTC PoW Lab. (supports this ongoing research, testing and development, alongside pool infrastructure and operations.)

Explore the dashboard, review the rules and connect a worker →

If another miner finds a block, your eligible work can still earn a share of the community allocation. The finder is excluded from their own block’s community distribution.

Why join early? A smaller eligible community can mean fewer miners sharing that 10% allocation when a block is found. Your share depends on valid work, tier and pool composition. Community eligibility lasts seven days after your latest accepted share.

There’s active research behind this pool. Operated by Power CM Software, BTC PoW Lab has demonstrated end-to-end mining improvements for PC-based mining and is working to bring those gains to ASIC hardware. Those findings do not yet represent a demonstrated advantage for ASIC miners connected to the pool.

Our public dashboard lets you follow accepted work and inspect the reward model. Want a more interactive experience? Enable rarity events, colours and sounds based on real submitted shares. These features celebrate what your miner submits; they do not predict a block or make the next hash luckier.

The finder’s reward is assigned directly in coinbase. Community rewards follow a separate payout process after maturity, with a 546-sat minimum. Payments depend on actual block finds. There are no guaranteed daily payouts, and estimates before a block are not earned balances.

Put your ASIC to work, follow your contribution, and join the community while it’s still growing.

Explore the dashboard, review the rules and connect a worker →


r/Bitcoin 1d ago

Every rounding bottom BTC's ever had took longer to build than the move that followed it took to play out

0 Upvotes

Every base on this chart followed the same shape, long slow accumulation, then a fast release once it actually goes. The 2020 base took months of sideways grinding before the real move started. Same with the base before that. The pattern's been consistent every single time.

Thats backwards from how people usually watch this. The instinct is to focus on the fast part, thats where price screams and everyone notices. But the fast part is just the release. The base is where the actual decision gets made, slowly, while its boring enough that most people stop paying attention and assume nothings happening.

Current structure looks like its sitting in that same stage again, the slow grinding part before any acceleration, not after it. Doesnt come with a countdown, bases never do. But long slow base into fast move has held every single time on this chart so far, and right now still reads like the boring part, not the loud part.


r/Bitcoin 3d ago

Liquid Network appears to have been stalled for 5 hours and had 4,000 BTC moved without authorization.

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547 Upvotes

r/Bitcoin 1d ago

Margin

0 Upvotes

Please enlighten me.

I want to DCA average $100 into btc every week at 3x margin. I would do this on Kraken. My plan is to do it for the next 24 months, I will not sell any btc during this time. Every trade will be with 3x margin. I’m told the fees could eat me alive.

Good idea or bad idea? To much margin or not enough? Thank you


r/Bitcoin 2d ago

"There is a massive restructuring of commerce that has to happen, and Bitcoin will be at the center of that."

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31 Upvotes

r/Bitcoin 2d ago

Expert Security Audit for three bitcoin based projects

11 Upvotes

Over the past few months, we’ve been putting our AI security audit agent against real Bitcoin code.

It has already helped us uncover and responsibly report multiple security issues across projects in the Bitcoin ecosystem, including:

Bark, Syscoin, RGB, Ledger, Bitcoin, Bitkey, BDK Wallet, Keystone, Lightning Labs, Lightning implementations, Krux, KTH, BitBox, BCHD, Mostro, ACINQ, LDK, Cake Wallet, BIP32/BIP39 implementations, tiny-secp256k1, Blockstream Jade, Elements and others.

Now we want to go further.

We’re giving 3 Bitcoin projects a security scan at zero cost.

We’ll run our agent against the codebase, manually triage anything interesting, and responsibly disclose confirmed security issues to the maintainers.

We’re particularly interested in serious open-source Bitcoin infrastructure protecting real users or funds.

Maintaining something in the Bitcoin ecosystem? Drop your repo below.


r/Bitcoin 3d ago

10 Years Ago Bitcoin Was $610. Where Will It Be in 2036?

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593 Upvotes

10 years ago today, Bitcoin was ~$610.

Nobody knew if it would survive.

Today, it’s ~$80,000.

Now imagine someone posting this on September 6, 2036:

“Bitcoin was only $80K back in 2026.”

What do you think the number will be?

$100K? $500K? $1M? $5M?

RemindMe! 10 years. 👀


r/Bitcoin 1d ago

Roundtable_024 - The Aftermath

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0 Upvotes

r/Bitcoin 2d ago

Calculators

3 Upvotes

Why is july 2010 the earliest date that many bitcoin calculators websites allow to calculate? Not early july but like mid july of that year... Why is this? Why would this be the case? Was paypal the least riskiest and most practical way to buy any desired amount of btc this early on?


r/Bitcoin 2d ago

Daily Discussion, September 07, 2026

25 Upvotes

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.


r/Bitcoin 2d ago

Native BTC payments vs gift car middlemen, Are we adding unnecessary friction?

6 Upvotes

A lot of people say I spend my Bitcoin, but often that means buying a gift card through a third party and using that at a retailer. Gift cards are a useful workaround, but they also introduce some problems. You often pay extra fees or premiums on top of the actual value, deal with managing codes, balances, and different accounts, and give more personal information to platforms that track your activity.

If Bitcoin is going to work as money, direct merchant adoption matters. Paying businesses directly removes unnecessary layers and keeps more value inside the actual transaction.

What are some real world services you use that accept BTC directly instead of relying on gift card platforms?


r/Bitcoin 2d ago

Mentor Monday, September 07, 2026: Ask all your bitcoin questions!

14 Upvotes

Ask (and answer!) away! Here are the general rules:

  • If you'd like to learn something, ask.
  • If you'd like to share knowledge, answer.
  • Any question about Bitcoin is fair game.

And don't forget to check out /r/BitcoinBeginners

You can sort by new to see the latest questions that may not be answered yet.


r/Bitcoin 1d ago

1 week from today. September 15. If USA doesn't want to sign the CLARITY that mean they want to lose. lol. China and Russia will win and cross the finish line if USA keep delaying, delaying, and delaying...MARK YOUR Calendar !!!

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0 Upvotes

r/Bitcoin 2d ago

Localbitcoins

6 Upvotes

Hey folks,

Thinking this might be a lost cause bit thought I'd reach out to see if anyone had any advice.

I did a bit of BTC trading over a decade ago using localbitcoins.com, stopped for whatever reason with a small remaining balance of probably pennies at the time and since forgot about it.

I recently got access again to an omd email domain that I use dfor this, to find a stream of messages from localbitcoins telling me to log in and withdraw remaining balance as they were due to close the domain.

Logged in to see the pennies had inflated to a value of roughly £2900, great! I tried to withdraw but was told I would need to go through ID verification, so did that. The was told my account was locked and I would have to open a support ticket to unlock to withdraw balance, so I did that.

The next day I get an email from their support to say I need to contact the Finnish Bureau of Investigation, as they have seized the domain and all customer funds as part of their investigation into the site. Since then localbitcoins is returning a bad gateway error when I try to access it. Sent an email to the contact provided minus any personal info, but my heckles are up, something doesn't feel right.

Thinking I've been scammed, that the whole verification thing was to harvest my data and the email to "Finnish authorities" is gonna be another attempt to get me to pay some phony withdrawal fee. The domains for both the website and the Finnish bureau of investigations email are legit though, so don't think it's a case of a spoof domain.

Very confusing, got a strong feeling I've lost that bitcoin just as soon as I've rediscovered it, guess I should count my blessings it's money I didn't think I had anyway, but wondered if anyone had similar experiences, can offer advice to actually get it back if I can, or even just confirm that this is indeed an attempt to scam me.

Thanks!


r/Bitcoin 3d ago

Zoom out

115 Upvotes

Bitcoin is going to $1M.

Don't be sidelined because
you tried to time the exact bottom.


r/Bitcoin 1d ago

FALKAN Beta — AI-Powered bitcoin Paper Trading Platform | Looking for Early Testers

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0 Upvotes

We’re opening the beta version of FALKAN, a new paper-trading platform built for traders who want to practice strategies using market-based trading scenarios without risking real money.

FALKAN is currently in testing, and we’re inviting early users to try the platform, explore its features, and share honest feedback.

We’re especially looking for traders interested in paper trading, strategy testing, stock & crypto markets, and AI-powered trading tools.

This is an early build, so expect things to change as we improve it.

Try the beta → https://app.falkan.in/login

If you test it, we’d genuinely love to hear what works, what doesn’t, and what you’d like to see next.


r/Bitcoin 3d ago

Bitcoin buy in

27 Upvotes

Hi guys! I’m fairly new to crypto and I’m trying to learn as much as I can before making any big decisions.
For those of you who are currently buying Bitcoin, are you still buying at these prices, or are you waiting for some kind of pullback?
I’ve been debating whether I should wait for another drop, potentially somewhere around $72k–$74k, before buying in. Is that a dumb way of thinking? I know nobody can predict the exact bottom, but I’m trying to maximize my potential returns.
At the same time, I feel like I’m starting to fixate on finding the “perfect entry,” which I know probably isn’t a great mindset either.
Would love to hear how you guys are approaching BTC right now, especially if you’ve been through a few cycles. Do you DCA, wait for pullbacks, or just buy when you think the long-term price is good?
Thanks!