🚀 #CRYPTOFACIL (23/02/2025)
💡 Bitcoin ($BTC ) – The#1Cryptocurrency
Even though it is the first and most valuable asset on the market, there is always something new to discover about BTC!
So today, we’re going to talk about the first and largest cryptocurrency. We’re going to bring you details, curiosities and maybe even some information that some of us may not know.
🔹 Bitcoin beyond the obvious…
✅ The FBI is one of the largest holders of BTC in the world; After several seizures, the US government has accumulated a significant amount of bitcoins, becoming one of the largest “HODLers” of the asset.
✅ The US government is estimated to hold approximately 200,000 BTC.
✅ The first product purchased with Bitcoin was not pizza!
• Everyone knows the story of Laszlo Hanyecz, who paid 10,000 BTC for two pizzas in 2010.
• But before that, he himself had already used Bitcoin to buy a digital file, exchanging BTC for an image sent via email.
✅ Satoshi Nakamoto stopped mining Bitcoin between December 2010 and early 2011, and never showed any signs of activity again, disappearing completely.
✅ Satoshi's last known public message was on December 12, 2010.
✅ Your BTC is still intact, estimated at around 1.1 million bitcoins.
✅ Bitcoin is even scarcer than it seems
• The total supply is capped at 21 million, but experts believe that at least 4 million BTC have been permanently lost due to forgotten private keys and inaccessible wallets.
• This makes BTC even more scarce and could further boost its appreciation in the long term
✅ It is estimated that the last Bitcoin will only be mined in 2140 when all available coins have been mined.
🔹 Brief History of Bitcoin
✅ Created in January 2009 by Satoshi Nakamoto, Bitcoin was the world's first decentralized digital asset.
✅ BTC was officially listed on Binance in 2017.
✅ Currently, around 19.6 million BTC have been mined.
🔹 My Bitcoin Strategy
✔️ Average purchase price: $59,081.08
✔️ Average selling price: $92,891.16
✔️ Operations History:
• I made staggered sales during some highs and repurchases during lows.
• I always keep around 30% of my portfolio in Bitcoin as a long-term store of value.
✔️ Current Status:
• No buyback orders at the moment, waiting for a better entry point.
• Positioned with multiple staggered sell orders, starting at $110,000.
🔹 Positive and Negative Points of Bitcoin
✅ Positive Points:
✔️ Digital gold: Greater security.
✔️ Liquidity: Greater global acceptance in the crypto market.
✔️ Store of value: Increasingly seen as a hedge against the devaluation of fiat currencies.
✔️ Institutional adoption: Companies, banks, and countries are adopting BTC as part of their reserves.
❌ Negative Points:
⚠️ High transaction fees when the network is congested.
⚠️ High mining costs, with significant environmental impact.
⚠️ Adoption as a payment method is STILL limited due to volatility.
🔹 MY Conclusion
Bitcoin remains the most secure and reliable digital asset in the crypto market and the top choice for investors as a store of value.
In the short term, those looking for quick returns may find better opportunities in other cryptocurrencies. But in the long term, BTC remains the main bet for preserving digital value.
💬 Question of the Day
👉 Do you believe Bitcoin can surpass $150,000 by the end of 2025 or are we entering a new bear cycle?
Leave your comment and let's discuss together!
