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r/Bitcoin
5.7m members
Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank.
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r/CryptoCurrency
6.7m members
The leading community for cryptocurrency news, discussion, and analysis.
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r/btc
1.1m members
When r/Bitcoin moderators began censoring content and banning users they disagreed with, r/btc became a community for free and open crypto discussion. This happened long before the creation of Bitcoin Cash. Over the years /r/btc became community of historians & torchbearers, preservers of Satoshi's Bitcoin for future generations.
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r/BitcoinIndia
119k members
A community focused towards discussion of Bitcoin in India. Bitcoin is a global decentralized digital currency which can be used like the Indian Rupees for paying towards Goods and Services and can be used as a medium of exchange with no central party like banks serving as the middleman for the payment transactions. In simple terms, Bitcoin is a currency of the people, by the people and for the people!
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r/BitcoinMining
91.8k members
The official bitcoin mining forum / subreddit / chat room / place to be!
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r/CryptoMarkets
1.5m members
r/CryptoMarkets is participating in the Reddit blackout to protest the planned API changes https://techcrunch.com/2023/06/05/multiple-subreddits-and-moderators-are-now-protesting-reddits-api-changes/
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r/BitcoinCA
80.7k members
Let's talk about Bitcoin in Canada
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r/dogecoin
2.4m members
The most amazing place on reddit! A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. The much wow innovative crypto-currency.
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r/BitcoinAUS
31.3k members
This subreddit is for users of Bitcoin in Australia.
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r/ethereum
2.5m members
Next-generation platform for decentralised applications. Dive in at ethereum.org
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r/ethtrader
2.3m members
Welcome to /r/EthTrader, a 100% community driven sub. Here you can discuss Ethereum news, memes, investing, trading, miscellaneous market-related subjects and other relevant technology.
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r/Wallstreetsilver
258k members
We are a community that loves Silver, Period. Currently, this place is being cleaned up by a new mod team, as reddit has stepped in to remove the last mod team. r/SilverDegenClub mods and others, are working hard to restore WallStreetSilver to what it once has been - a place to talk about silver! Please be patient, we will be back for you soon!
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r/BitcoinBanana
17.9k members
$BIBA fans, the best meme crypto project returning from mars
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r/CryptoCurrencies
380k members
We're Crypto Reddit's Fiji water in a desert of censorship and agendas. Arguably Reddit's best source for uncensored cryptocurrency news, technicals, education, memes and so more!
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r/BitcoinPrivate
11.1k members
Mainly focused on Bitcoin and welcomes any cryptocurrency related information. Feel free to post useful sites, news and events in the crypto scene.
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r/Monero
294k members
This is the official subreddit of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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r/Crypto_Currency_News
281k members
News means money in the Crypto Currency world. When new coins, products or platforms are released using Bitcoin, Ethereum, Monero or any related altcoin Tokens, the price of affected products can potentially move on the news.
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r/BitcoinNL
10.1k members
Verplichte titel van je post: BIIIITCOOOOIIIN -- Bitcoin community voor de Nederlands sprekende Bitcoin fanaten!
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r/technology
14.6m members
Subreddit dedicated to the news and discussions about the creation and use of technology and its surrounding issues.
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r/BitcoinSerious
7.8k members
A subreddit for those serious about bitcoin! Less crazy, more awesome! Analysis welcomed/encouraged. We will try to keep the circle-jerking to a minimum. Blogspam (etc) will probably be removed, but that's at mod discretion; since it's obviously a grey area. mod logs are public: https://modlog.github.io/#/r/BitcoinSerious
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r/BitcoinStocks
5.8k members
A place to discuss the wild wild west that is Bitcoin stocks.
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r/BitcoinTechnology
5.1k members
/r/bitcoin is amazing and we love it but sometimes it's nice to have an area dedicated to the technical details and interesting projects of bitcoin so this exists to complement /r/bitcoin, Feel free to X-Post if you think your article is relevant to both /r/bitcoin and /r/bitcointechnology This subreddit is for all proposals, articles, questions and answers on bitcoin related technology DO NOT POST icos, pricing, memes, scams, etc here as they will be removed.
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r/BitcoinDE
4.6k members
Das "originale" und รคlteste Subreddit fรผr News und Infos รผber Bitcoin auf deutsch. Ihr findet hier รผberwiegend Links zu Berichten in (Mainstream-) Medien und Presse, sowie News und Beitrรคge aus den deutschsprachigen Bitcoin-Communities. Eure Fragen und Beitrรคge sind auch jederzeit willkommen! Links und Inhalte spiegeln nicht unbedingt "unsere" Meinung wider.
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r/Bitcoin_News
4.3k members
Bitcoin News - Reddit Community dedicated for sharing and discussing news related to Bitcoin.
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r/SafeMoon
295k members
SafeMoon is a human-focused technology and innovation business expanding blockchain technologies for a brighter tomorrow. #Web3MovementForEveryone ; Please read the information shared in the sidebar of this subreddit.
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r/CoinBase
235k members
Welcome to r/Coinbase!
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r/SHIBArmy
481k members
SHIBA INU (aka SHIB) is an experiment in decentralized spontaneous community building. The SHIBA ecosystem has three official coins $SHIB, $LEASH and $BONE.
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r/BitcoinBillionaireApp
7.0k members
All things related to Bitcoin Billionaire, a mobile game by FizzPow Games.
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r/cryptocurrencymemes
354k members
Welcome to CryptoCurrencyMemes! This sub is intended for the dankest cryptocurrency-related memes. Please follow the sub rules, remember to upvote and downvote, and have a good time!
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โ€ขPosted by4 days ago
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โ€ขPosted by7 days ago

Just about 6 years ago from today there was a historic event for Bitcoin and all of Crypto history. On the 1st August 2017, BTC splitted into BTC and BCH, the first Bitcoin fork. Later on BCH also splitted into BCH and BSV in 2018. A hard fork means that a blockchain network splits up into a new and an old version, reasons for that have usually been conflicts in the developer team and it was actually the same with the BTC-BCH hardfork.

Here there were conflicts of rather having larger mining block for BTC and thus having cheaper fees and faster transactions (BCH) or just keep it at the smaller blocks (BTC). So, was it really worth it?


Article of The Forbes just days after. fork and BCH price chart since its fork, picture from Pete Rizzo on Twitter (X)

While BCH still stays as the 17th Crypto ranked by market cap (and BSV is at 57th), it is still down a whopping 95% against BTC since its fork and generally down 94% from its ATH of over $1.1k in 2017 to now a price of $228. So looking at the numbers, it certainly was a failure and could never even narrowly come close to giving the actual BTC competition.

Just a small disclaimer at the end, BCH even if after the numbers has lost, this post should be no disrespect for their quite big community it has gathered over the years and the fact that it is under active development and can actually be used for low-fees and fast transactions. (unlike the Craig Wright aka Faketoshi scam of BSV)

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โ€ขPosted by5 days ago
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โ€ขPosted by11 days ago

For publicly-listed Bitcoin miners, in particular, a price north of $100,000 may be more of a necessity than a forecast if their business models are to remain profitable. Bitcoin mining stocks have been on a tear this year, outperforming BTC by a wide margin in recent months. While BTC has seen reduced volatility and a period of consolidation, Bitcoin mining companiesโ€™ stocks have risen by nearly 100% in a matter of months.

Recent performance of popular BTC mining stocks. Source: Seeking Alpha

A big increase in Bitcoinโ€™s price will therefore be required for miners to remain profitable at todayโ€™s hash rate levels.

How high does the BTC price need to go for miners to maintain their current valuations?
A recent report by Seeking Alpha explores BTC mining by examining one popular miner in particular: Riot Platforms. It notes that despite Riot being expected to triple its mining capacity in 2024, the company and Bitcoin miners, in general, could face serious headwinds from the halving. A 50% decrease in BTC block rewards cuts minersโ€™ main source of revenue in half. Miners like Riot can also issue new equity shares to fund their operations. This dilutes existing shares, meaning that even if the companyโ€™s underlying fundamentals are sustained, the share price may not keep up.

Do you think BTC can break the 100k price by end of 2024?

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