Are we entering the banana phase?
So on relai you can buy 100chf worth of btc for free every month?
I have half my crypto on a ledger, half on kraken.
Was thinking of starting to buy ibit btc etf - would simplify things a lot, and out of my perspective, a bit more secure than kraken. Would slowly like to move off Kraken.
What are your thoughts about ibit?
Or better start swissborg?
Not your keys, not your coins.
From Relai you can buy and send to a hard wallet. Kraken is ok for off-ramp (in CHF).
IBIT only where not otherwise possible as on Viac 3a.
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What do you mean with ramp off?
I could transfer my stuff from Kraken to Ledger, and start using Relai. Will look into this.
I dont necessarily need to hold the token itself, IBIT has an ok fee of 0.25%.
ramp off mean sell BTC for CHF. With Kraken you get your CHF to the account within hours (during banking opening times).
For relai buy directly to hard wallet, be sure you can sign your message with the software you are using (not sure if Ledger Live can do this). Sparrow Wallet can.
Bitcoin is freedom, IBIT has same limitations as fiat. Up to youâŠ
If you donât buy the BORG token (the in-house token) to lower purchase costs, SwissBorg becomes more expensive than Relai. However, with SwissBorg, you have access to other cryptocurrencies, bundles, and even cryptocurrency portfolio management. If youâre interested in buying something other than Bitcoin, the company has some interesting ideas, but the fees are expensive if you donât own their in-house token.
Der Bitcoin ist aktuell so viel wert wie noch nie. Ein Mann freute sich ĂŒber das Kurshoch so sehr, dass er allen FahrgĂ€sten eines ICE-Zugs ein FreigetrĂ€nk spendierte.
Translation in english
Bitcoin is currently worth more than ever before. A man was so thrilled by the all-time high that he treated every passenger on an ICE train to a free drink.
Which one of you was that?
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Who takes over the noble duty in reminding people about how to handle crypto, when BTC is <-10% of ATH next time?
I feel like with stock ATHs, the sentiment in this forum is often âshould I still buy, seems to expensiveâ. And each dip is seen as buying opportunity.
But with BTC, everyone just joins at ATH. 
Honestly, I donât see such questions a lot here. For Bitcoin at least, there is nothing to handle at any time. Itâs very simple. You just buy and hold and spend when needed. There is no second best. Usually one donât trade or time the market.
With stocks (and âcryptoâ) on the other hand you have to handle all the time (or at least ask and confirm bias). How do I know that? Well the Chronics and stockpicker forum is exhausting 
.
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Dang man, thatâs a very astute and accurate observation, leads me to think that what we have is two camps in both crypto (including BTC) and stocks:
Speculators
People who buy assets with a long-term plan to eventually, gradually or suddenly, sell higher than they bought to fund their life. Iâm currently a speculator and frankly believe anyone not actually living off their investment is too if only because they need to believe but they donât (canât) yet practice.
Practitioners
Thatâd be people who can and do live off their assets right now. Hell, I know a couple of people who literally live off âcryptoâ (ie adopting your definition, meaning anything not BTC) by staking. Theyâd be the cryptobro equivalent of dividend investors.
To be fair the Chronicles thread is an ongoing banter/chat about whatâs happening, I doubt most of people make structural changes based on daily news, so no real handling. The stockpicker thread is a valuable balancer to passive index investing. Some confirmation bias seeking is indeed present but not as much as you may suggest, as this forum is quite higher quality than others (or reddit).
Still, you hit the nail on the head on the sentiment, I think. As usual, this is not a troll post (I stopped those ages ago).
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I think BTC is a speculative asset and so tends to rise in price when there is a lot of liquidity and coincides when people have funds to invest (e.g. stimulus checks) leading to pro-cyclical behaviour.
I think stocks exhibit the same, but as movements are more tame compared to BTC, doesnât attract as much âget rich quickâ attention.
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Nah, it is just a random number. And one million Dollars for a bitcoin is a nice price, one satoshi is one Cent then and that is it. After that it can go back to one Dollar.
Now, congrats for everyone who can stand the volatility until it reaches that million. That is less than 900% gain from now and really, that is not that much, seen it, done it.
I see no changes in opinion about Bitcoin here.
Weâll discuss again at 1M⊠
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otoh, that would probably change as soon as there are >1% of people with >10% bitcoin [of net worth], right? 
That might be another reason why we donât read âbuy the dip nowâ for BTC here on the forum.
If you would post it, youâd get immediate backlash that would only stop once the dip is history again. 
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I believe opinions do not change just because asset is performing or not.
If that is the only variable then I would argue itâs completely wrong way of changing opinion as it fuels a bubble.
I believe opinions will change when use of Bitcoin becomes more main stream. After many years in existence and after changing many definitions, the use case has finalised to be âitâs a good investment because people think itâs a good investmentâ. We still donât see the real use of the promised technology in any part of daily life.
Until this changes, it remains a speculative asset like Gold. In my view sometimes the word âspeculative â sounds negative but itâs not. I think it simply means that price of such asset is determined by supply demand only and there is no other way of valuing it because it only appreciates or depreciates when itâs sold and does not produce any Cashflow.
P.S -: I also think equity investing is also becoming very speculative these days. Most people I know simply invest because market only goes up. Thatâs it. Such behaviour also fuels bubble.
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According to bitcoin maxi view, maybe. Weâll have 90% Bitcoin and 10% in speculative investments like stocks or RE (and those have to be high quality stuff, not like today as they survive just because of the money printer). Yes weâll talk about 10% and which one are good to invest in .
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Since I first heard the definition of Bitcoin it never changed. Your definition of Bitcoin is bogus.
You mean, you donât see the real use of Bitcoin. I do.
The price of everything is only defined by supply and demand.
It does not produce any cashflow, youâre right about that. No currency/money does produce cashflow.
Great
Can you share what exactly the use of Bitcoin you see in daily life?