r/Bitcoin • u/rBitcoinMod • 3d ago
Daily Discussion, April 04, 2025
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Please check the previous discussion thread for unanswered questions.
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u/harvested 2d ago
Need more threads and comments about how you're impressed with how bitcoin is holding up.
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u/Traditional-Bed-6369 2d ago
Kinda crazy seeing others around me, especially when seeing younger people or children or babies, like myself at age 30, and I'm thinking... if not for bitcoin the world would would have become seriously so uninhabitable that they wouldn't even survive into adulthood, but Bitcoin exists now so there's actually incredible hope and potential for everyone's future
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u/harvested 2d ago
A lot of people don't have children because of fiat.
When they discover bitcoin, they typically change their stance.
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u/Confident-Land4117 2d ago
Btc is a self sustaining beast hashrate continues to climb. Covid couldn't kill it. Tariffs won't kill it. I hope it takes over the damn system
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u/Jstarks4444 2d ago
Tariffs don’t affect the way Bitcoin is transacted, its popularity, or its use case, right? From that perspective it makes sense that it’s holding up
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u/Jstarks4444 2d ago
If on Monday S&P continues decline while BTC continues rise, is this the start of BTC as the reserve store of value of the world?
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u/inappropriateshallot 2d ago
this is the start of a massive rally unseen by god himself
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u/Duff6943247 2d ago
I don’t understand how we are performing so well now during this shitstorm when we were at $76k a couple weeks ago. Market conditions are much worse now but we still holding strong.
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u/Traditional-Bed-6369 2d ago
I started cold storage a couple weeks ago and price hasn't gone below that or back to that 76k you speak of. Pretty sure I might have broke the camels back or at least dislocated a disk or something
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u/redeembtc 2d ago edited 2d ago
Going to make a massive buy on Monday above and beyond my usual DCA once money clears. I'm treating this moment as a Blackswan event, similar to March 2020.
- NASDAQ has closed in a bear market - out of 100 companies only MSTR in green 🤯
- S&P about 3% away from bear market territory, shedding $5T in two days
- DOW lost 1,500+ points back to back, never happened before
- 80% of companies in NASDAQ and S&P are down 20% or more
- Earnings reporting starts next week for Q1, and well we know how Q1 went ...
By all technical accounts, it could be debated that the US is already in a recession. Normally moments before Friday close on days like this, there is an uptick from institutional investors while retail sells. This didn't happen, so expect more volatility on Monday to the downside.
Consolidate your UTXOs, if you are sitting on sidelines so you can feel like you are scratching that "itch".
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u/Traditional-Bed-6369 2d ago
So wait for a significant dip on Monday and buy instead of buying today tomorrow and Sunday and Monday like usual?
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u/OneManGangTootToot 2d ago
I exchanged some of my 401k funds to my brokerage link account to do the same thing. A mix of MSTR and FBTC. Fuck it.
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u/satsunenakamiku 2d ago edited 2d ago
NASDAQ has closed in a bear market - out of 100 companies only MSTR in green
I believe saylor predicted this, let me try finding the slide. found it: https://imgur.com/fnGGvM7
ytd:
msft -15.44%
nasdaq-100 -17.62%
mstr -2.17%
all my friends panicking over whether to sell their stocks, and I just keep hodling and buying more bitcoin. why change a strategy that has worked out very well? arigato satoshi
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u/Get_the_nak 2d ago
Tesler down 9 % today Amazon, Meta, Apple down 9% yesterday (Apple down additional 6% today) banks down 7-12% yesterday
Study bitcoin
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u/Romsel87 2d ago
Bitcoin decoupled many times before. But not in a way you'll think. Did the stockmarket tanked 77% from its ATH in 2022? Don't think so.
Bitcoin is volatile and will remain for a long long time.
Buy and hold. Long Bitcoin.
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u/alineali 2d ago
Exactly (but not) - earlier bitcoin always tanked more on bad days than stock market. Now is the first time, if I remember correctly, when it holds better than stock on bad day
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u/Get_the_nak 2d ago
the ”coupling” is mostly when new cheap capital enters the market some goes to the stock market and some goes to bitcoin. And reversely if interest rate goes up, it is more expensive to borrow money to buy stocks and coins.
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u/tesseramous 2d ago
I think maybe btc already started its next impulse up for the second half of the rally but the stock market is suppressing it and if it wasn't for the stock market it would be at 100k already.
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u/Frequent_Optimist 2d ago
Absolutely love that BTC is not being talked about in the mainstream media right now.
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u/uncapchad 2d ago
hard, it's hard to walk back all those mean words like "rat poison", "ponzi" and the great gate-keeper "only used by criminals and all our enemies"
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u/skydiver19 2d ago
BTC has held pretty well today.
I ended up dumping all my NVIDIA stock today and dumped the spare cash in to MSTR and already recovered my loses from today’s shit show.
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u/abercrombezie 2d ago
Bitcoin relative strength, bucking trend of broader market hell ya! There is no second best!! 💪
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u/R3dFiveStandingBye 2d ago edited 2d ago
LFG Bitcoin thats some strength right there!
Edit: BTC/SPX is up 6% right now
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u/iamacheeto1 2d ago
Bitcoin’s performance is insanely impressive. Never been more bullish in my life
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u/sisyphus0104 2d ago
Had some buys set at 81k, 80k, 77k and don't think any of them gonna fill. Makes me sad.
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u/PlasticEyebrow 2d ago
I am honestly impressed how bitcoin is behaving during this latest turmoil. Sceptics gonna see that too. Everything is so bloody bullish for bitcoin lol.
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u/sisyphus0104 2d ago
Honestly, the fact that we haven't even dropped to 81k yet is absolutely unbelievable. New times indeed.
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u/NectarineDirect936 2d ago
Good time as any to start aquiring 1m bitcoin lol. Funny how this turmoil turns out to become the best marketing for btc, creating incentives to follow through on the sbr.
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u/Frequent_Optimist 2d ago
Proud where BTC has ended up after all the beatdowns and where it is headed.
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u/SmokeAndSkate 2d ago
Stocks are red. Bitcoin is green. Stack sats or slavery, there’s no in-between.
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u/sisyphus0104 2d ago
This strength by BTC is insane
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u/No-Put7619 2d ago
Would you prefer to see your investment down by over 3% today, or would you rather be up by more than 2%? Ultimately, it's your money—I'm just curious.
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u/BigDeezerrr 2d ago
Bitcoin was born in the chaos, molded by it.
Funny that as a Bitcoiner I see the S&P down 10% in a month and think "what's the big deal?"
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u/StonksPeasant 2d ago
Gold is down 2%
Silver is down nearly 8%
S&P is down 4%
Bitcoin is down about half a percent. That is truly incredible. Is there a change in the wind? Is bitcoin actually a safe haven asset now?
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u/NectarineDirect936 2d ago
Funny how people around me still get grumpy whenever i mention bitcoin in times like this or whenever significant moves or news follows. They just immediately get mad or start ignoring me lol. Hardly mention it ever so i just don't get why... Mean, it's a shame really as bitcoin is for everyone. The math, filosofy, tech, the idea, the support, history behind it all just works or make sense to at least be curious about it.
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u/uncapchad 2d ago
Feels like we're watching another piece of BTC history unfolding here. Probably an even more important piece than breaking 100k.
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u/NectarineDirect936 2d ago
Wonder how much longer it'll hold, Markets really going at it, even gold taking a big hit. Interesting to say the least but i'm affraid the pressure that's building will be to big to hold.
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u/BitcoinBaller420 2d ago
Perspective from a middle-aged bitcoiner... everyone worries about their finances in one form or another, but it takes on a different feeling as your nest egg represents a bigger percentage of your total life. Nobody likes losing buying power, but a twenty year setback hits different than a 2 year setback. When the world is melting down and bitcoin is just chillin' like ho hum what's up buddy, thank-god-its-Friday-amiright? ... it really deepens your confidence in bitcoin as a savings technology. It's not just the price indifference, the volumes aren't spiking either. Bitcoiners clearly either don't give a f, or more likely, right now the price is controlled by an incremental buyer that will sell everything else before they sell their bitcoin. That's the behavior that breaks models and melts faces, it's not behaving like a levered-risk on asset in a crisis. Feels good man.
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u/Aerodynamic_Soda_Can 2d ago
Wow, what's going on? It's looking way more decoupled with the market than ever before 🤯
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u/Frequent_Optimist 2d ago
Do we think Saylor bought this week considering all the liberation and winning going on?
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u/BigDeezerrr 2d ago
Bitcoin all grown up. Definitely think this kind of economic uncertainty wouldve tanked us in the past. Could be Bitcoin's safe haven moment if it starts moving up.
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u/JalapenoPeppr 2d ago
Everything is down, even gold. Except for our baby Bit. Knock on wood, this looks nice!!
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u/TheGuiminator 2d ago
Despite the absolute shitshow of a market this is, its encouraging to see bitcoin being relatively stable. My theory would be that a lot of Bitcoin has been taken off of the market and stored away by the big players, therefore you might never see 50 or $60,000 Bitcoin ever again, I personally think we're at a bottom or very close
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u/escodelrio 2d ago
Historical Bitcoin prices for today, April 4th:
2025 - $82,708
2024 - $68,509
2023 - $28,168
2022 - $46,623
2021 - $58,759
2020 - $6,868
2019 - $4,923
2018 - $6,854
2017 - $1,133
2016 - $421
2015 - $254
2014 - $444
2013 - $132.1
2012 - $4.9
2011 - $0.70
Additional Stats:
Bitcoin's current market cap is $1.64 trillion.
Bitcoin's current block height is 890882; with the average block time for the last 7 days being 9.76 minutes.
Bitcoin's current block reward is 3.125₿, which is worth $258,463 per block.
The next Bitcoin halving is anticipated to happen between 26-Mar-2028 to 20-Apr-2028 (within 159,118 blocks); the block reward will fall to 1.5625₿.
There are currently 21,221 reachable Bitcoin nodes.
Bitcoin's average daily hashrate for the last 7 days is 839 exahashes per second.
Bitcoin's average daily trading volume for the last 7 days is $29.65 billion.
Bitcoin's average daily number of transactions for the last 7 days is 351,247.
Bitcoin's average transaction fee for the last 7 days is 4.56 sats/VB, with the average fee's USD amount being $1.12; with the median values being 1.51 sats/VB & $0.37 respectively.
There are currently 19.85M ₿ in circulation, leaving 1.15M to be mined.
There are currently 3.15M ₿ held by companies, governments, DeFi, and ETFs, representing 15.88% of circulating supply.
There are currently 54,741,250 nonzero Bitcoin addresses that contain 174.17M UTXOs.
Bitcoin's average daily price from 18-Jul-2010 to 04-Apr-2025 is $15,366.
Bitcoin's average daily price for the year 2025 is $92,965.
1 US Dollar ($) currently equals: 1,209 satoshis; making 1 penny equal 12.09 sats.
Bitcoin's minimum (closing) price for the year 2025 was $78,532.0 on 10-Mar-2025.
Bitcoin's maximum (closing) price for the year 2025 was $106,146.27 on 21-Jan-2025.
Bitcoin's minimum (intraday) price for the year 2025 was $76,624.25 on 11-Mar-2025.
Bitcoin's maximum (intraday) price for the year 2025 was $109,114.88 on 20-Jan-2025.
Bitcoin's largest daily decrease for the year 2025 was -$8,182.68 on 03-Mar-2025.
Bitcoin's largest daily increase for the year 2025 was +$8,216.44 on 02-Mar-2025.
Bitcoin's all-time high (intraday) was $109,114.88 on 20-Jan-2025. Bitcoin is down 24.20% from the ATH.
Bitcoin has reached at an all-time high 1 time in 2025.
It has been 74 days since the last ATH.
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u/Green-Music2366 3d ago
I wonder how the orange maniac will play his next card after the Chinese raise in stakes.
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u/WingWorried6176 3d ago
People hated Saylor for hoarding BTC, but he’s protecting your bags right now.
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u/NectarineDirect936 3d ago
How rude.
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u/uncapchad 3d ago
really, it's as if someone just noticed BTC doing far too well under the circs and decided oh no, we'll have none of that.
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u/NectarineDirect936 3d ago
Well bitcoin didn't hear no bell seems. Fun times follwing price movements now.
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u/R3dFiveStandingBye 3d ago
Last time the SPY was this low, Bitcoin was 49k, thats… interesting
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u/Frequent_Optimist 3d ago
Not sure how BTC holds any support here. Market will be an absolute shit show today. Hope I'm wrong.
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u/Shivaonsativa 3d ago
Well don't blame Bitcoin it's still going to have blocks every 10 minutes. Blame those selling what they don't understand.
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u/xarips 3d ago
Your DOLLAR aint SHIT
and its TAXED to NO END
cos of
RICH MEN north of RICHMOND
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u/liszt1811 3d ago
The ETH Daily discussion averages like 300 posts every day, more than here... WTF is there to talk about so much lol
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u/Perfect_Cost_8847 3d ago
Bitcoin has comfortably broken NASDAQ correlation and I couldn’t be happier. Instead of gold, people are buying Bitcoin. If it makes it out the other side of this without collapsing, Bitcoin might actually become the next gold.
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u/redeembtc 3d ago edited 3d ago
Instead of gold, people are buying Bitcoin
All my wealth is in BTC, but cmon, Gold is at near ATH. What are you smoking?
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u/Perfect_Cost_8847 3d ago
I didn’t mean to imply Bitcoin would replace gold. There is room for both assets.
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u/redeembtc 3d ago edited 3d ago
I didn’t mean to imply Bitcoin would replace gold. There is room for both assets.
Respectfully, I didn't say anything was replacing anything. I simply addressed your claim that people were buying Bitcoin instead of gold, or at the very least favouring it.
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u/Perfect_Cost_8847 3d ago
Then, given the large increase in BTC trading volume relative to XAU over time, I don’t see how you could deride the claim. You seem to think gold being near an all time high is relevant to what I wrote, and it’s not.
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u/harvested 3d ago edited 3d ago
Little early to pop the champagne on that isn't it?
I'm not saying it's not coming, but I don't think it's happened yet.
Also, what are we calling champagne in a post tariff world? Sparkling freedom juice?
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u/BullyMcBullishson 3d ago
It hasn't... yet. I'm not sure why so many are cheering this.
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u/alineali 3d ago
Because in the past in such circumstances we would see a huge drop, and right now it is still crabbing. Obviously different behavior
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u/BullyMcBullishson 3d ago
It's ridiculous to take a data point from one day, and state bitcoin has broken its correlation with the NASDAQ.
It's worth keeping an eye on, sure. I will change my opinion if the trend holds, but certainly not after 1 days worth of information.
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u/BitcoinBaller420 2d ago
You're not wrong, but it's a pretty important data point and exactly the kind of thing the bull side wants to see. This isn't just some random market down day, this is THE market down day, a major news event effecting global markets that requires a major and rather sudden repricing of assets. For bitcoin, the champagne pops very slowly, it's ok to celebrate when you get a still-slow-but-a-lot-faster-than-normal performance win like this. This period of trading will be a data point for portfolio stress tests, and bitcoin will be in there again as a top performing asset. It's the kind of thing that builds confidence in the hodler base and ultimately what drives the adoption of bitcoin as a savings technology.
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u/alineali 3d ago
Not as much broken as might have a chance to break, as in previous years with overall markets drop we would see huge drop for bitcoin - but not this time, and this really never happened before. I personally expected at most that drop will be around 25% and not 50, but it just holds, it is really small wonder.
And actually in this specific case "one data point" might be enough because we are not talking about data points really, but about perceptions, which at least somewhat depend on past behavior. If people will see that bitcoin holds there is better chance they jump in, which will help it to hold and so on. So it very much might be that one noticeable event will change future patterns.
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u/BullyMcBullishson 2d ago
So you agree. It's not "comfortably decoupled itself" as OP says.
I'll give you another 1 day data point that could help the decouplimg argument.
The VIX cleared 40 and bitcoin holding 82k.
Again, I'm watching, but I'm not busting out the popcorn yet.
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u/alineali 2d ago
I do not agree that it "comfortably decoupled itself", but to me this is something to celebrate - I have never seen bitcoin holding so strong in such bad circumstances, so this is really good news. I'm not going to sell anytime soon, so I am interested in trends and underlying changes, which might help planning my future actions.
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u/redeembtc 3d ago edited 3d ago
JPow is speaking today 11.30am ET
And job numbers coming in before the bell.
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u/BullyMcBullishson 3d ago
everyone stands around in anticipation to hear what the man who controls the value of money has to say
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u/DryMyBottom 3d ago
been here for almost 10 years and I have to say this is the best cycle to watch. The global stock going down and BTC acting its own way is just what I was looking for
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u/Terhonator 3d ago
About tariffs. Someone wrote that bitcoin is not as good investment as before because tariffs reduce profit of the capital. I cant really make up my mind about this? I believe tariffs are neutral for bitcoin because that is only capital. Whats your theory about tariffs and bitcoin?
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u/SillySpoof 2d ago
Bitcoin was basically created because of a recession. This is what it was made for. Finally time to see how it behaves during one.