My cousin texted me a cropped chart swearing we just flash crashed to 52,000, so I pulled up the order book myself. Nearly gave me a heart attack.

Turns out main dollar pairs bottomed near 63,320 and regular euro pairs stayed above 57,500, while there's a tiny low-volume pair called BTCEURI sitting around 51,500. It's wild how fast one cropped ticker sets off panic in group chats.

Don't arbitrage bots close gaps on thin pairs right away, or is liquidity just dead on those?

It seems counterproductive and, in my limited view, will introduce another taxable transaction as well as potentially reveal both the starting address and the ending address, there for making a more solid connection between the user and therefore reducing privacy. As well as introducing a level of needed trust in 3rd party who does the swap.

Direct BTC sale
BTC → USD
One taxable disposition

BTC through an intermediary
BTC → (intermediary coin) → USD
Two taxable dispositions

Why would people do this?
i would greatly appreciate your feedback.

Thank you so much.

Yesterday I was telling dad abt Bitcoin. Just explaining what it is, how it works, and why people are so obsessed with t. And why they trust it.

Then he casually drops something that almost made me fall off my chair.

Apparently, back around 2011, he did some work for someone and might have been paid in Bitcoin. He doesn't remember the exact amount, but he thinks it could have been around 300 or 500 BTC

I laughed. because I thought he was joking. Then he told me he might actually have had a wallet on his old laptop.

Guess what? We can't find the laptop. I even searched on his personal stuff. I searched everywhere. obviously, nobody remembers the wallet password or recovery details.

So somewhere in this world, my dad might be sitting on a fortune, or he might just have the most expensive imaginary story ever told at the dinner table.

I asked mom about it and she said she doesn't know and remembers anything abt any BTC.

I've gone from explaining Btc to my dad to potentially needing a therapist because of BTC

I might start a new journey looking for that laptop.

While my father is just chilling. I'm going crazy. I can't hold my breath anymore.

My father thinks it's just 300 or 500 dollars. He keeps saying I'm making a big deal for just 500 dollars. Even tried to show him the charts. and explained to him how much it could worth rn. He just doesn't understand and he thinks im going crazy.

Rather than a cup of coffee, let's take a costly thing like a car for several thousand €$£. Let's say I have some respectable hot wallet app on my phone, and Internet access.

If someone offered to pay me in BTC, how would I trust/verify that I am not getting scammed?

I'm trying to understand how Bitcoin transactions work beyond simply sending BTC from one wallet to another.

I know that a transaction can show as "unconfirmed" before it gets included in a block, but I'm still not completely clear on what each confirmation actually means.

A few questions:

• Does one confirmation mean the payment is already final?

• Why do some services ask for 3 or 6 confirmations?

• Is there a practical difference between waiting for 1 confirmation and waiting for 6 when sending a relatively small amount?

I'd appreciate a simple explanation or an example. I think this is one of those things beginners should understand before making their first transactions.

I'm still learning about Bitcoin and trying to understand how to keep it safe.

There seems to be a lot to learn about wallets, private keys, seed phrases, hardware wallets, and backups.

For people who have been using Bitcoin for a while: what security advice would you give someone just getting started?

Is there a common mistake beginners should be especially careful to avoid?

I'd rather build good habits from the beginning than learn an important lesson the hard way.

Hi everyone, I’m still very new to blockchain.

I’ve read a few explanations, but I’m still confused about what’s actually useful versus what’s just marketing. So I wanted to ask people who understand this better:

1.If explained as simply as possible, what problem does blockchain actually solve?

2.What’s the difference between blockchain and cryptocurrency? These two often get mixed up.

3.Are there any real use cases that are already running (not just plans or whitepapers) that you think are worth studying for beginners?

4.What are the most common mistakes people make when they’re first learning about blockchain?

I’m not looking for trading tips or projects that are pumping right now. I’m more interested in building a solid basic understanding. If anyone is willing to explain things in simple terms, I’d really appreciate it.

CMIIW.

I am under the age of 18 and I’ve been trying to buy and sell crypto. I’ve been off of watching some YouTube videos that have kind of helped me in the sense of buying crypto but I don’t know how to withdraw it. I keep on seeing people saying that I need like verification or like a parents to withdraw crypto I’ve been researching on this app called KYC not me and it’s kind of straightforward. It’s just ex exchanging crypto with some dude on PayPal from a different country and and that’s that’s kinda easy to me, but I don’t know the aspect of like withdrawing crypto into like money and stuff like that. I’ve heard that I need to like to like maybe sell sell crypto to somebody but I also I also don’t know how that works and I think I need verification to sell crypto stuff like that so I don’t know could you please help me?

Some people said to set up a dca when i asked when to buy and sell, but i have no idea how

I have never seen a button on a website to pay via bitcoin. Isn't that the point of bitcoin?

It seems like the only transactions are bitcoin to USD/EURO/Etc and vice versa. That's it.

I got refused and transaction by the people at stackatm and they were issuing me a refund they are asking my id is this normal?
It’s from [email protected] so it should be good but I am weary of sending my information but I also really need the money back

I have been reading up on Bitcoin for a few months and finally set aside about $1,500 that I am comfortable losing. I was originally planning to buy last week, then the whole Binance hack news dropped and the price slid down to around 76k-77k.

Part of me feels like buying this dip is a good entry point since October was pretty rough, but with the US midterm elections happening right now and everyone talking about ETF outflows, I have no idea if we are about to see a much bigger drop.

For someone starting from zero today, would you just throw the $1,500 in all at once at this price, or break it up into smaller weekly buys until the market calms down a bit.

Bitcoin is the OG cryptocurrency, but beyond being first what makes it fundamentally special?

People point to its 21 million coin limit as proof of scarcity. However, scarcity alone doesn’t explain its value. Other cryptocurrencies could offer similar features, enforce their own supply limits, and potentially do the same things Bitcoin does.

Imagine a million identical Bitcoin networks: BTC1, BTC2, BTC3, and so on. Each has the same technology, the same 21 million coin limit, and the same functionality. Which one would have value? Why that one and not the others?

Gold is valuable partly because it is a naturally scarce physical resource. You can’t simply create another planet’s worth of gold by copying its underlying technology.

Bitcoin is different. Its supply is limited within its own network, but the technology itself can be replicated. It's like owning a finite piece of real estate on a planet where someone can create a million identical planets. The land on each planet is scarce, but what makes one planet's land more valuable than another's?

Bitcoin's scarcity is real within its network, but its value ultimately depends on people collectively agreeing that this particular network is worth owning. The question is whether being first, having the strongest network effect, and establishing the greatest trust are enough to sustain that value indefinitely.

Utilizáis un pc destinado a BTC?.

Que configuración tenéis?

Could someone please explain to me why Bitcoin was developed and how it is supposed to benefit us?

Since it has been said never to reveal to anyone your seed phrase, how are we going to pass the btc when we die?

Say someone gave u 5000 btc. U want to store it securely. How would u store it?

Edit: Just to clarify. Some replies thought I have 5000 btc. No, I don't. I'm asking the question to learn how does one store safely a large amt of btc. I want to know if the techniques used to store large amt differs from typical btc owners who have much smaller amt. For example, a reply mentioned ibit which I didn't know abt. I googled info on it n found out it is created by blackrock n the btc they buy, they don't keep the keys. They store at Coinbase custody.

I heard many people which buy on ATH in 2021 and 2025 to complain about.

Moi from Finland.

i am really begginer about this. could anyone suggest me where i can read about bitcoin because i wanna invest and doing this for long term . thank you

If you give someone a Bitcoin address to receive a payment, how much can they find out about your other transactions?

I understand they can look up that address. What I’m not sure about is whether they can also connect it to other addresses in the same wallet.

Does using a fresh address each time keep those payments separate, or can spending them together later link them again?

A simple example would help. Trying to understand what a new receiving address actually does for privacy.

How do you get around buying bitcoin under 18 and having it go un noticed? I want to use an atm but as far as i know they require you to be 18 and although I have a bank account its one of those parent monitored ones where they can see all my transactions. Are there any atms that dont care about age, any way to get around this or am i done for. I live in chicago if that changes anything