r/Bitcoin

I was one of the ~300 people who helped recover a 12-year-old Bitcoin wallet Earlier this month I participated in a public Bitcoin wallet recovery challenge involving a wallet that had been untouched for around 12 years. What I found most interesting was that the challenge wasn't about breaking Bitcoin's cryptography. Instead, it showed how quickly a large group can search a reduced solution space once enough information is known. The wallet was recovered in about 11 minutes by roughly 300 participants working independently. A few takeaways: Bitcoin itself wasn't "hacked." Security depends on protecting all recovery-related information, not just private keys. Small reductions in uncertainty can have a huge impact on how difficult a recovery problem is. Crowdsourcing can dramatically accelerate search and recovery efforts. I wrote up a detailed breakdown of what happened, how the challenge worked, and why it was solved so quickly: https://blog.flipflow.app/blog/cracking-a-12-year-old-bitcoin-wallet Happy to answer questions about the challenge or my experience participating. https://redd.it/1ucpsjr @r_bitcoin

Buy and sell vs HODL Why everyone’s strategy seems to bebjust DCA and we do not discuss other strategies to raise the amount of bitcoins owned? For example the simple strategy of selling everything near ATH and buying everything again on the next ATL? https://redd.it/1uco4fl @r_bitcoin

Bitcoin Custom Power Law https://redd.it/1ucg5cb @r_bitcoin

Today concludes the 3-day Masadya Fiesta Fair at Hacienda Verde, Utap, Tacloban City. Beyond the usual opportunity to spend Bitcoin Cash ($BCH) with our partner merchants, we also introduced fun and interactive games to engage fairgoers and give them a hands-on experience with digital cash. https://x.com/_paytaca_/status/2068346952094535806 https://redd.it/1ucjx67 @r_bitcoin

the math nobody does when they say "crypto is dead" if you bought at every single all time high since 2013, the absolute worst possible timing every single time. You are still up. not a little. massively. the only way you actually lose is if you sell during the part that feels like this. that's it. that's the whole game. it was never more complicated than that. https://redd.it/1uckqae @r_bitcoin

Borrowing against your BTC sounds risky to me I keep seeing people talk about using their Bitcoin as collateral to borrow cash instead of selling it, and I understand the idea in theory. You keep exposure to BTC, avoid selling, and get fiat liquidity. But I still don’t understand how this works safely in real life. If a lender gives you money against your BTC, they need some way to recover the collateral if you default. And the only way they can really do that is if they control the coins, either through custody, a smart contract, or some kind of multisig setup. But once someone else has control, isn’t that already the risk? If the platform freezes withdrawals, gets hacked, goes bankrupt, changes terms, or acts shady, you could lose your Bitcoin even if you did nothing wrong. That feels like the opposite of the whole point of Bitcoin. Not your keys, not your coins. Is there actually a way to borrow against BTC where you still keep control of your coins? https://redd.it/1uck4vb @r_bitcoin

Unpopular opinion the bottom is not in The bottom isn’t in. This place and other crypto communities is still too positive. The bottom is only in, only truly in when even the most bullish bulls are saying that it’s over. There has not been sufficient pain yet imo. Couple things I think could be major catalysts to push price down by EOY; 1. Fed Rate Hikes. market is saying that a fed rate hike is almost guaranteed this year, and there’s a 40 percent chance of one happening in July. Kevin Warsh is a Hawk. Bitcoin has completely underperformed the smp500 for ages, all it takes is another tiny correction on the smp but for bitcoin it’ll be another big percentage down. 2. Clarity act failing. Polymarket says that it has a 48 percent chance of passing. Just a few months ago it was 70%+. Few months ago I saw a lot of bulls saying that if it happens that it’ll make bitcoin spike massively we might even break the four year cycle and go to 100k plus this year. This was the consensus. The hype was there. But you can’t just act like it goes one way. If the clarity act fails due to primarily the ethics revolving trump and his family it seems, the crypto market will react negatively. This does not seem to be fully priced in if this does happen. 3. MSTR selling more bitcoin. It looks like STRC is in really bad shape right now. Strategy needs more cash. The market crashed just a few weeks ago from saylor selling what 20, 30 bitcoin? What do you think will happen if he actually sells like a big amount. I’m not saying that this is the end of strategy and they’re going to be selling millions of coins or anything. But if the market reacted like that for just a couple of coins, let’s say saylor instead sells a couple hundred, or even a thousand coins. The market corrected so much on just a little, I’m worried what it’ll do if he sells a decent chunk. Too many people are positive in the space right now. The bottom only truly happens when the sentiment goes overwhelmingly negative. When the thought of buying any more is ridiculous. Curious what yall think? https://redd.it/1ucewkz @r_bitcoin

The only valid Bitcoin Rainbow take? https://redd.it/1ucg5ck @r_bitcoin

Plans to buy more Bitcoin Currently, I have about 0.35 Bitcoin. Goal: accumulate at least 4 by the time 2030 rolls around. Why? Because I think that's the next peak. This is just my non-scientific opinion based on previous patterns. My plan: 1. invest $500 of my monthly paycheck 2. get a second job that pays me $10 an hour, and do that about 10 hours a week ($100 extra per week to btc) 3. sell unused items on FB marketplace; acquire discarded items and sell them on FB marketplace (estimated extra $200 a month toward btc) 4. buy cheap items from China and sell them on eBay and other platforms for about $10 each, intending to flip at least ten items a month. 5. reduce wasteful spending; eliminate impulse purchases that cost me on average $300 a month Is there anything else you'd suggest for this plan? What can I add? https://redd.it/1uccz8y @r_bitcoin

If the AI bubble bursts and we enter a multi-year bear market, how do you think BTC reacts? I've been spending a lot of time looking at the structural shifts in BTC's correlation to traditional equities over the last few years. It feels like we are completely past the era where Bitcoin moved entirely independently. Wall Street treats it heavily like a high-beta tech proxy, and when the Nasdaq or S&P 500 takes a hit on macro days, BTC usually amplifies that move down. This got me thinking about a realistic doom-loop scenario: What happens if the AI hype cycle hits a wall, the bubble pops, and traditional equities enter a multi-year bear market? How do you think it plays out? Does BTC get dragged down into a multi-year crypto winter by a broader economic downturn, or do the internal mechanics allow it to break free once the initial crash is over? Curious to hear your thoughts, especially from anyone who has traded through both the 2020 liquidity shock and the 2022 tightening cycle. https://redd.it/1ucesca @r_bitcoin

Where to actually buy BTC NO KYC? (Not on mobile, desktop only) Every single video I find on youtube saying "no kyc" its a lie, same thing with crypto-news articles, If anyone could have any answers that would be absolutely fantastic. Thank you! https://redd.it/1ucaxq5 @r_bitcoin

According to Historical Data, the Bottom is in. Disclaimer: I am aware past performance does not guarantee future result, but decided to post this anyway because i find it interesting. The most violent, terrifying price drops usually happen in the first 3 to 6 months immediately following the cycle peak https://preview.redd.it/8rfklykxwr8h1.png?width=325&format=png&auto=webp&s=e73f8b1ba20dba1fe2851af9db7e31437b348b9d Monday 6 October 2025 is when the drop from all time high began. 3 months after October of 2025 is January 31, 2026 6 months after October of 2025 is May 1, 2026 We are currently in June 2026. Hence, IF the cycle stays true to its name the worst has passed. 1 Week timeframe https://preview.redd.it/qu7ld1hwxr8h1.png?width=524&format=png&auto=webp&s=8ca63740205d207832d2c2e7a911adcb0f5dad97 It's worth noting this time, the bottom COULD have ended on June 5 2026 1 Day timeframe https://preview.redd.it/nr11vqg8yr8h1.png?width=964&format=png&auto=webp&s=ed99e24c0dae6121a6b62924590f6285ac23b5e2 Also Theoretically, the upcoming months after the bottom are usually boredom and exhaustion. But also the perfect accumulation zone. Make sure to share your thoughts. Edit; Thank you for the feedback. After being suggested to check history once again, it seems bottoms can still occur anywhere from 3 to 12 months. Examples for 2021 bottom happened 1 whole year later. https://preview.redd.it/egkdgx5t7s8h1.png?width=356&format=png&auto=webp&s=19f1ff48a5da6464adefae5f6e118492665a3aff https://redd.it/1uccgyi @r_bitcoin

The Day This Movie Was Released, Bitcoin's Price was $0.0006. https://redd.it/1ucc7iv @r_bitcoin

DCA BTC I’m buying BTC every week through DCA, and I’ll be continuing that no matter what. My job is commission-based, so I sometimes get extra income from sales. When that happens, I’m wondering if it makes sense to just keep my usual DCA amount steady, or increase that week’s buy with a larger lump sum from the commission. What do you think — stick strictly to DCA, or scale up buys when extra cash comes in? https://redd.it/1ucbfz8 @r_bitcoin

Standard Chartered called the bottom at $59K eight days ago. Since then we got a hawkish Fed, a collapsed peace signing, and BTC back in the low $60s. At what point do we admit nobody actually knows? /r/bitcoin_com/comments/1uc7a2b/standard_chartered_called_the_bottom_at_59k_eight/ https://redd.it/1uc7bvq @r_bitcoin

Do nodes matter? I come from $BTC world, and obviously everyone says to run your own node, because don't they enforce consensus rules? Isn't that what happened when BCH forked? Most nodes didn't switch? It's just weird to me to hear that the nodes are just not useful for the security of the network. Someone explain please. https://redd.it/1uc93hc @r_bitcoin

The Fed just admitted inflation is running at 3.6% and they may have to hike. /r/bitcoin_com/comments/1uc7sly/the_fed_just_admitted_inflation_is_running_at_36/ https://redd.it/1uc7t9l @r_bitcoin

SatoshiTimeline.com Launched - A Chronological Map of Satoshi Nakamoto’s Known History - The Satoshi Times https://satoshitimes.com/timeline/ https://redd.it/1ubtoub @r_bitcoin

Bitcoin philosophy not valid anymore!? I got into bitcoin because of its philosophy tha empowered people against governments. It allows people to genuinely have a piece of the Bitcoin that they could leverage at some point financially or in many other aspects. But: now Bitcoin is held by Blackrock and other ETFs. People are buing stocks of Bitcoin, not the asset itself. It starts to feel as useless as gold or Tesla shares. An ETF share is a claim. A hardware wallet with your own private keys is actual ownership. That difference still matters today just as much as it did when Bitcoin was created. https://redd.it/1ubzyo5 @r_bitcoin

Timing I see a lot of people saying they are too late to bitcoin, etc etc. That’s definitely not true. While there has definitely been more institutional adoption, the average person still views bitcoin as crazy. I was hanging out with my fiancee’s friend group yesterday comprised of 12 people all 25-32. I asked if anyone was into bitcoin and not a single person said yes and all of them looked at me like I was crazy. To me this makes me feel like I’m ahead of the game. https://redd.it/1uc0jst @r_bitcoin