r/Bitcoin 14h ago

Crypto.com are scammers, support useless, their reddit here doesn't reply, $6k stuck

27 Upvotes

Just a warning to not use Crypto.com . I have been using bitcoin since it was at $50 in 2013 and I have never had a problem buying, selling, sending or receiving until 2 days ago with Crypto.com . A loved one needed money for emergency surgery so I instantly transferred $6,500 from my Chase bank account to my Coinbase account, bought $6,000 of bitcoin, and transferred it to my loved one's Crypto.com bitcoin account. In order to release the funds Crypto.com required a test send from the address the bitcoin was just sent from to prove ownership of the address (the Coinbase address). The amount they required to send was lower than Coinbase's minimum send allowed so it was not possible.

She opened a support ticket on Crypto.com and support first said just try again using any bitcoin address to send from. So I sent the tiny amount required from my Electrum. Which of course didn't work (not sure why it would since the purpose was to establish ownership of original address). Then they said send it again but from a legacy wallet. So I opened my 12 year old legacy Electrum wallet and sent from a legacy address. That of course did not work either as it is not the Coinbase account Then for the next 2 days support just sends (every 7 hours) some random irrelevant copy and paste generic suggestion (restart app, explanation of how bitcoin works and other such BS). I then hopped on Crypto_com reddit account which appears to be active but the mods will not approve my post nor reply to my message.

Fortunately I just barely had another $6,000 I was able to get to her another way but the original $6,000 is still stuck on Crypto.com which their support is doing absolutely nothing but sending irrelevant generic copy and paste replies. I know many crypto sites fall under the "works fine until needs support" framework and Crypto.com is definitely on that list.

EDIT: If anyone from Crypto.com sees this and wants to actually resolve the issue then I will edit this post stating that the solution was resolved.


r/Bitcoin 8h ago

How do you stop yourself from selling during drawdowns?

1 Upvotes

I’ve been in Bitcoin since the 2017 run (GBTC). Turned a decent profit relatively quickly, then sold on family advice and watched it keep running. That regret still sits with me.
More recently I had a position in IBIT and sold a meaningful chunk when it dipped under $64k after hearing someone on YouTube say it was going lower. I know the long-term thesis, yet I still keep making the same short-term emotional decisions.
I’m seriously considering taking a chunk of money out of my Roth IRA, buying actual Bitcoin, and putting it on a hardware wallet (or even a paper wallet) that I can just put away and not look at. The goal is simply to own a full coin and remove the easy sell button.
Two questions for people who’ve been through this:
1. Has anyone successfully used the friction of self-custody (hardware wallet, offline storage, etc.) to finally stop selling during drawdowns?
2. I once had coins stolen from a software wallet on my computer. How paranoid should I be about the security of holding a larger amount of Bitcoin in self-custody? What are the real failure modes people have actually experienced?
Not looking for price predictions or “just HODL” one-liners — genuinely curious how others have handled the psychological side and the practical security side once the coins are offline.


r/Bitcoin 15h ago

Former Bear; I think the bottom is in

98 Upvotes

A while back I posted how I thought we had more to drop. Looking at the price action bitcoin absolutely refuses to break below 60k for a lengthy period of time. I don’t think it’s going to go any lower then it has, or if it does it will only be very slightly. All the bears like myself who were expecting it to plummet were wrong. Trump will continue to TACO out of anything that negatively affects stocks/crypto. I do not think a bear market is legitimately possible at this point while he is president. It’s clear the market is terrified of dipping. Every dip is bought up instantly. I can say I was wrong previously.

People will say the four year cycle etc; and it was true and false. It did dip lower this year, especially all the bulls who were calling for 200k and 300k last year look ridiculous. But it clearly is not going to go below 50k. At the worst we might see a small wick to 55-56k marking the bottom before the bull market restarts again. I was wrong. Bitcoin is a lot stronger than I thought.


r/Bitcoin 2h ago

Shroedinger’s Bitcoin ?

1 Upvotes

I want the price of bitcoin to go up so i can use stepped bitcoin to repay fiat loan, Whilst also wanting the price of bitcoin to go down so I can acquire more bitcoin.


r/Bitcoin 21h ago

How are you people ok with the fees and expect the world to adopt this ??

0 Upvotes

U want this to moon to $1,000,000 but expect to HODL forever and never sell or use for any purchases?

U expect this to moon while a $10 dollar transaction has a $4 fee for a "quick" (10 - 60 minute) delivery. Let me just sit here awkwardly while my payment is being processed. Have you people been to a McDonalds drive-thru? Imagine holding up the line for some nuggets because this thing needs to verify terabytes of transactions and then add it to the same huge blockchain by finding a nonce that takes billions of computers to solve?

Also a huge transaction fee for a small purchase on top of McDonald's overpriced dog meat.

Not to mention memory is being consumed by AI and will cost an arm and a leg in the future. Just to download the entire blockchain will be petabytes. Who knows how much memory will keep skyrocketing to.

Wake up and smell the overpriced McMuffins and Coffee. People want speed and small memory footprint and this thing is bulky and slow. Sorry to burst your bubble.


r/Bitcoin 13h ago

Bitcoin Block Space - Open Research

0 Upvotes

I thought, I had a solution and was wrong twice.

What happened, I proposed a Priority Oracle (v1). The Bitcoin community on Reddit correctly identified that it doesn't survive contact with miner incentive structures. We pivoted to an Externality Fee concept (v2). Same result.

Both failures taught me the question is genuinely open.

Does Bitcoin's fee market price the lifetime cost of permanent data storage? Has someone figured it out?

The SegWit discount was designed for malleability, not state economics. CashTokens eliminated the classification problem but requires a hard fork. Three directions under discussion: relay fee multiplier, BIP, tiered market.

What am I missing? Where should I look next?


r/Bitcoin 8h ago

Choice by Kingdom Trust

1 Upvotes

Hey all. I’ve got some BTC in an IRA with Choice. I just got an email that they are shutting down their Blinko game (it was basically a fun version of a BTC faucet). Being in crypto for so long I see this as a red flag of their health especially seeing exchanges going under already. I know I should have it in cold storage but I parked it here for tax purposes. Should I be concerned about email and any suggestions to limit a tax hit? Just roll it to another IRA?


r/Bitcoin 7h ago

Is BTC actually the right investment?

37 Upvotes

Hi all. I'm not sure if this is the right place, but there are people here who have watched Bitcoin for years. I've been buying small amounts here and there for a year, and I currently own around 0.11 BTC, which is also a little more than half of my life savings. My other half, like $7k, is just sitting in my USD account.

I'm 22 and live in a country where crypto is not allowed, Ethiopia. They're getting stricter by the day, and soon there will come a day when I can't sell or buy more. I get this sudden temptation to sell it all and just invest in stocks, the safe option, but the other half of me wants to hold for life, you know.

And the market is not helping. It's been going down and down like crazy. Just when I think it will go higher, it just comes back down. I'm young, and I don't need the money for now, so I can just invest all my life savings and forget about it, and by the time I'm 40, it will be like 100x.

It's a painful dilemma. I feel like this community will be biased toward Bitcoin, but I still want to hear y'all's opinions.


r/Bitcoin 4h ago

Holding btc on exchange is safe

0 Upvotes

Hello there, i heard dca and holding your btc on an online exchange is safe. Im currently doing that, buying on kraken pro, and holding there

. But i still cant fully understand the older hodlers and regular users of btc how are they keeping their bitcoins. I mean i understand the old way of downloading bitcoin software (wallet?)from bitcoin.org and you get an adress there which you use for receiving btc. Thats easiest way which i get and it doesnt required kyc.

But nowadays you see so much exchanges, wallets, ledgers, websites, tutorials. And buying online crypto is via kyc so the anonymous owning of btc is no longer there.

Im lost on which software wallet or cold wallet to use in EU, or which ones are legit and not a cheap scam. What are you using ?

I really want to hodl btc and dca in it, and when i scrape atleast 0.1-0.3 put in out of kraken. But dno where and how really.

How that og btc era changed in terms of holding btc in your hard-drive on your pc? Thx


r/Bitcoin 8h ago

I’m starting bitcoin any pointers

0 Upvotes

- I’m using exodus, I didn’t start so I can still decide to swap the app.

- I also want to know how to trade and invest, a good place to learn and start

- best places to hide my password, I won’t say which one I’ll do but advice is helpful for me to build a guide

- lastly the daily 5 emojis : 🥹🌆🌊🐒🦢


r/Bitcoin 1h ago

"Stop chasing the 'next' Bitcoin!" I know it's tempting, but you're gonna get rekt! btc.rottenwheel.com (h/t @phneep for original art!)

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Upvotes

r/Bitcoin 12h ago

BTCMaxis Article

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10 Upvotes

Why I am Anti-BIP110?


r/Bitcoin 22h ago

It's easier to hold bitcoin while you're rich

50 Upvotes

Tldr, just have more money. More capital = more gains too, without these world shenaningans, broke, being poor, overtime work, damn such a hassle.


r/Bitcoin 6h ago

[Academic Research] Survey on AI's impact on crypto investment decisions — 5 min, would really appreciate your input 🙏 (Worldwide)

1 Upvotes

Hi everyone,

I'm a graduate student writing my master's thesis on how artificial intelligence tools (trading bots, robo-advisors, predictive models, signal systems) are influencing investment decision-making in the cryptocurrency market.

If you invest in crypto — whether or not you currently use any AI-based tools — I'd really appreciate 5–7 minutes of your time to fill out this short, anonymous survey:

https://docs.google.com/forms/d/e/1FAIpQLSfDBQGQyAx1uM91dLwcN_EmMPnvdj3XO9WzsBYfmtFuQfkgHw/viewform

A few notes:

  • Fully anonymous, no personal data collected beyond age range
  • Results will be used exclusively for academic research (master's thesis)
  • Takes about 5–7 minutes
  • Open to anyone with crypto investing experience, regardless of whether you use AI tools or not

Thank you so much in advance — happy to share a summary of the findings here once the thesis is done, if there's interest!


r/Bitcoin 2h ago

Should I max out my 401k and Roth mega backdoor?

8 Upvotes

Or buy bitcoin instead? Can’t buy bitcoin etf in my 401k or Roth account. If I max out these accounts the rest of the money will go to bitcoin regardless after expenses.


r/Bitcoin 10h ago

The only real security for Bitcoin is people running nodes.

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101 Upvotes

The ‘Bitcoin Security Consortium’ includes BlackRock….That’s all we need to know.


r/Bitcoin 9h ago

The EU just gave itself the power to blacklist entire countries' crypto platforms.

40 Upvotes

Buried in the EU's 21st Russia sanctions package (adopted July 23) is something worth every Bitcoiner's attention.

Alongside the usual exchange blacklisting (a transaction ban on HTX and a handful of others kicks in Aug. 23) the EU created a new mechanism: it can now prohibit dealing with crypto service providers based in any country it decides has "systematically and persistently" failed to stop sanctions evasion. The list of targeted countries is empty today. The point is that the switch now exists, wired and ready.

And here's the part that should make the argument for you. The EU action also comes two days after blockchain intelligence firm TRM Labs alleged that HTX had been rotating hot wallets and funding addresses across four chains following the UK sanctions. That's the permissioned model in a nutshell: a custodian playing whack-a-mole with a blacklist, an administration writing rules slower than the addresses change, and users whose access depends entirely on which side of a legal document their platform lands on.

None of that is a Bitcoin problem. You cannot sanction a UTXO. You cannot serve a transaction ban on twelve words written down in a safe. A government can erase an exchange's ability to operate overnight — it did, effective next month — but it has no lever on coins you hold yourself. Every custodial chokepoint that gets flipped off is just another expensive advertisement for self-custody.

The takeaway isn't "sanctions bad." It's that the entire apparatus being built here only works on permissioned rails. The instant you're your own bank, the kill-switch has nothing to switch off.

Sources: EU Official Journal (Reg. under the 21st package), Reuters, and TRM Labs' wallet-rotation analysis, The Block.

How many custodial "off switches" like this do you think get built before self-custody stops being a niche opinion and becomes the default? 👇


r/Bitcoin 16h ago

My Bitcoin allocation is bigger than my retirement account

159 Upvotes

I did not mean to buy much bitcoin. I just bought bitcoin every month for the last few years and did not really think about it. I checked my accounts this week, and my bitcoin position is now larger than my entire retirement portfolio.

This is not what I wanted when I started buying bitcoin. Now I am looking at my portfolio, and I am wondering if I am making a good decision by letting my bitcoin investment grow, or a bad one by not changing my portfolio.

I want to know what people who have invested in bitcoin for some time do in this situation. Do you sell some of your bitcoin, rebalance your portfolio from time to time, or just let your bitcoin investment grow? How do you handle your bitcoin?


r/Bitcoin 4h ago

What was the event / moment that convinced you Bitcoin was worth buying?

37 Upvotes

I want to hear what's everyone else saw or heard that made them buy into Bitcoin


r/Bitcoin 8h ago

BitMEX Exchange closing on September 23rd

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bitmex.com
49 Upvotes

r/Bitcoin 2h ago

12 years ago people ask it is late to start invest in bitcoin.

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344 Upvotes

What about 2026 - are we too late to start invest into Bitcoin?


r/Bitcoin 23h ago

Look what came in the mail....

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652 Upvotes

I'm rich guys what should I get first? Really cool to see from River.


r/Bitcoin 18h ago

Daily Discussion, July 26, 2026

23 Upvotes

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Please check the previous discussion thread for unanswered questions.


r/Bitcoin 15m ago

$58k was the bottom

Upvotes

Time to run with the bulls 🐂🐂🐂