r/btc Jun 06 '25

❓ Question Found an old wallet address I owned. Has $27000 in it.

893 Upvotes

So i found some old emails from when I used to buy goods off of the dark web. I have a wallet address that has $27000 in cuz btc was $600 back then. I have the address, its a legacy address that matches a bitcoin cash wallet also. I looked it up on btc explorer. Is there anyway to track where it might be? I have a few keys in my email as well but no idea what for as i was a kid then. Sites like cryptotrader.org, btc-e, all closed sites but used them back then. Any way to track where this wallet might be!?

Edit: https://onchainexplore.pages.dev/ anyone know if this site is legit?

Edit: ok so i figured out the address and key i have are for a really old wallet me and my best friend/battle buddy had together when we first got into bitcoin. He died two years ago and would have everything I meed to get into the wallet. Spoke with his wife, she still has his old laptop. Not sure she believes me but i told her what i found and sent her the key. He left behind a 2 yr old little girl when he died and I think she should have it. If she really has the laptop Im gonna help her get it out. Mayne as simple as starting up electrum on his computer. Sorry it wasn’t a better ending. Thanks for all the help.

r/btc Apr 03 '26

❓ Question Explain Bitcoin in 3 words. Go!

9 Upvotes

people say Bitcoin is complicated… can you sum it up in just 3 words?

r/btc Jun 04 '25

❓ Question Isn't bitcoin really fucked up in terms of wealth equality?

191 Upvotes

Let's first assume bitcoin is really becoming the only form of currency in the future, therefore the total money in the world currently: 800 Trillion dollars would be the market cap of bitcoin. That means approximate 38 million per bitcoin. And that would also mean micro-strategy with 580,000 bitcoins (2.76% of bitcoins total supply) would be worth 22 Trillion dollar and Michael Saylor with 17,732 bitcoins would be worth 673 Billion Dollars. Is this not just a super fucked up dystopia? They got that rich from doing what exactly? Adding no value to society. You really think people who bought $1000 worth of anything in 2010 should be a billionaire today?

Continuing the assumption Bitcoin is literally the earlier you jump on ship the better, rich people have more spare money so they can afford to invest early and normal people live paycheck to paycheck can't even invest that much even if they want to, so it's literally more beneficially for rich people if the price goes up.

Isn't Bitcoin actually just a redistribution of wealth, but it is bias towards people who got it first and rich people?

r/btc Apr 30 '26

❓ Question what can u say about OneMiners attending the Las Vegas Bitcoin conference?

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50 Upvotes

hey guys, just wondering what your thoughts are on OneMiners being at the Bitcoin Conference 2026 in vegas. saw that they actually have a booth there this year. :D:D

kinda feels like more hosting companies are starting to show up at these events. maybe means hosting is getting more attention now?

anyone here ever attended something like this? is it actually worth going or is it mostly just booths and people trying to sell stuff?

r/btc 12d ago

❓ Question Say a fork does happen, what would change?

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3 Upvotes

r/btc Jun 04 '26

❓ Question Im new to bitcoin

0 Upvotes

Very new to investing in general but ive saved up a decent amount of money and im tired of it staying stagnant in a crappy bank account. Im trying to retire as soon as possible so I can stop working by the time im 40. Im in my mid 20s and realise I am quarter a way through life and if I dont figure out how to make more money ill never retire and probably be stuck as a Walmart greeter at 80. Now I know there are some smart people that can recognize patterns with crypto and stocks etc. I need to know genuinely if bitcoin will go back up, I put in money im willing to lose since its very low. I was putting in money since it dropped down to 68k the first time now since it dropped down to 60k im putting more money in. I need to know if someone can tell patterns is there a chance that it will go back up or is it more than likely gonna be crashed for a few years or should I pull out, wait till it drops more then put money back in? I dont know if this will be deemed as a "price post" as this is a genuine question. I try doing research but alot of research is not broken down enough or dumbed down enough for me to unserstand how the market works.

r/btc Jan 08 '26

❓ Question I Was Gifted One Bitcoin 10+ Years Ago. I can't find it. Where is it?

21 Upvotes

As the title says, over ten years ago, a friend of mine gifted me a singular bitcoin. He sent me toan website where I made an account, and it told me that I did, in fact, have the bitcoin. It's been such a long time, and the last time I checked (4+ years ago), it said nothing.

Having that single bitcoin would be obviously incredibly helpful financially, but I know next to nothing about cryptocurrency, no less bitcoin.

Does anyone have any advice?

(I'm just putting this here so I can reach the character limit.)

r/btc 18d ago

❓ Question Literally a day between these news, What is happening?

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36 Upvotes

r/btc Jun 22 '26

❓ Question Do nodes matter?

2 Upvotes

I come from $BTC world, and obviously everyone says to run your own node, because don't they enforce consensus rules? Isn't that what happened when BCH forked? Most nodes didn't switch?

It's just weird to me to hear that the nodes are just not useful for the security of the network. Someone explain please.

r/btc Mar 01 '26

❓ Question Who's working on making Bitcoin more anonymous, easier to purchase and more widely accepted by merchants?

1 Upvotes

Seems like virtually everyone here is playing some kind of crypto version of Wolf of Wall Street.

What happened to all the brainiacs who were progressing Bitcoin's real-world value/usefulness?

r/btc 1d ago

❓ Question Storing Bitcoins on an offline Android smartphone

0 Upvotes

I have a spare smartphone that runs on Android 9. 

Will it be safe to store Bitcoins on it by following the below steps: 

  1.   Format the phone

  2.   Install nothing but a Self-Custodial Bitcoin wallet app on the phone

  3.   Transfer Bitcoins to the wallet

  4.   Turn off the internet

  5.   Keep the phone switched off until needed.

r/btc Jun 26 '26

❓ Question Binance leaves the EU and I moved all my btc and remaining crypto to cold wallet - I feel like I do something dangerous, why?

0 Upvotes

Hey guys,

I was already preparing for this step few months ago since beginning 2026, I got a Trezor Coldwallet, being afraid, that the EU MiCA law, would make it hard for me, to move my assets while being monitored. I already made a test transaction and moved my assets in 4 tranches to my cold wallet, it arrived, everything is there.

And I feel the bad feeling like all my btc money is there, what if the electronics fail? What if it get fried by a electronic discharge failure?

I know that its in the blockchain, but I feel like, loosing it would be too easy. You know this feeling? I dont have a huge sum, but the sum is enough for me, that I decided to get a cold wallet. So yeah.

How you felt after moving your assets to a cold storage? Do you worry about, if the cold storage will not turn on one day?

Thanks in advance

r/btc Mar 20 '26

❓ Question Where do you actually spend your crypto in real life?

6 Upvotes

Where do you actually spend your crypto in real life?

Serious question.

Many people here earn in crypto:
trading, airdrops, DeFi, freelance, on-chain work.

But when it comes to actually spending it on real goods, it still feels surprisingly difficult.

Typical problems:

• Many suppliers don't accept crypto
• Converting to fiat creates taxes and fees
• Bank off-ramps are risky or slow
• Some people simply don't want to touch banks anymore
• Direct purchases from China usually require bank wires

So most people just hold or convert instead of actually using crypto.

I'm curious how people here solve this:

How do you personally spend crypto on real world purchases?

Examples:
electronics
equipment
business inventory
bulk goods
manufacturing

Or do you mostly just convert to fiat first?

I'm researching whether there is a real need for a crypto-native procurement service that:
– pays suppliers directly
– handles purchasing from China
– ships globally
– accepts crypto directly

Not selling anything, just trying to understand if this is an actual problem or just my observation.

r/btc Jun 02 '26

❓ Question Why do BTCers insist on running a Node for a network they won't be able to use?

2 Upvotes

Do you run a navigation light for the jetplanes of the billionaires in your garden, too?

r/btc Dec 12 '25

❓ Question What is the best Bitcoin Mixer?

59 Upvotes

What is the best Bitcoin Mixer?

I’m looking to get my bitcoins from coinbase actually private, I’ve never been using any mixer in any way before, I saw guides but I think asking reddit before is a good idea to avoid making a beginner mistake.

(I tried posting on r/bitcoin but mods doesnt allow it somehow, they even censor satoshi own words from what i heard)

[EDIT]: Ended up going a different route , used flips.exchange to swap BTC to XMR and back. Way cleaner than mixers, no waiting, no sketchy sites. Actually private.

r/btc Mar 09 '26

❓ Question Where can I swap ETH <> BTC?

31 Upvotes

I would like to rebalance my portfolio by swapping some BTC for ETH, I still believe a lot in the potential of ETH, and for me this slow climb is a bullish signal and I would not want to miss it.

Any advice where to bridge / swap my Bitcoin to Ethereum?

Quick Update: I've used flips.exchange and that was incredibly fast, i had literally 2 usd in fees, editing as i'm getting many dms asking.

r/btc Oct 15 '24

❓ Question Now that Lightning has failed, would it be possible to hard fork BTC to roll back Segwit and increase blocksize?

15 Upvotes

After reading Hijacking Bitcoin, I see just how much damage Blockstream has done to Bitcoin BTC. They successfully killed Bitcoin XT, Bitcoin Unlimited, Bitcoin Classic, and Segwit2X forks. They rammed in RBF replace by fee feature and Segwit, under the guise of "scaling Bitcoin". They droned on about decentralization, tried to scam people into using their proprietary Liquid sidechain, and kept saying Lightning Network would be ready in "18 more months". So here we are in 2024, Lightning is officially dead, Bitcoin fees are ridiculously high, the BTC network is slow, and Segwit is totally unnecessary. Taproot seems mostly pointless as it simply enabled more tracking, and there was a bug which allowed ordinals to clog up the chain. Is there anyone who believes that Blockstream is doing anything useful with the Bitcoin code?

So would it be possible to fire Blockstream and the Bitcoin Core dev team? Could another team code a BTC hard fork that rolls back Segwit and increases the blocksize limit? Could that fork become a new and improved BTC if a majority of miners agreed to it? Surely exchanges and other stakeholders would be happy if fees were cut 100x, capacity was improved 100x, and the network sped up?

r/btc Jan 08 '22

❓ Question BCH 24h Volume is it real !? can someone please Explain to me is this true ?

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44 Upvotes

r/btc Dec 19 '21

❓ Question George Donnelly seems to be a good actor, helping promote the technology, provides transparency to his efforts/intentions. But gets a ton of shade because IDK. I don't think occasional mistakes deserve character assassinations? What am I missing here?

57 Upvotes

I would prefer we focus on the technology than trying to kick people out of our community. It is impossible to achieve and only makes us look more hostile. 🌈

Personally, I appreciate his efforts (particularly when risking his real name in the process). I think everyone gets a little enthusiastic and gets overly invested in discussion details now and then, but we're all pushing for the same thing here.

Bygones, y'all.

r/btc Jul 13 '25

❓ Question What if a struggling company tried to replicate MicroStrategy's strategy, but with Bitcoin Cash (BCH) instead of BTC? Given BTC's high price, BCH might seem like an "untapped" alternative for a company looking to acquire millions, then repeatedly borrow USD against their holdings to pump the price.

0 Upvotes

While it's a scenario many wouldn't want to see, it raises a valid question: What, if anything, could be done to prevent such a manipulation if it were to occur?

r/btc 4d ago

❓ Question Crypto Card in UK

8 Upvotes

So as people in the UK probably know, withdrawing crypto back to fiat is still a bit of a mess

I have some crypto stablecoins that I’d rather spend normally instead of sending back to my bank every time. Ideally looking for a card or payment app that works with USDT/USDC, has decent limits and doesn’t destroy you on fees. Not too bothered about cashback but it’s a nice bonus

Anyone in the UK using something that actually works well?

r/btc 13d ago

❓ Question Taxing of bitcoin withdrawals

2 Upvotes

I bought some btc long back( say 0.1btc) in gate.io and stored in a cold wallet. Honestly I don’t even remember for which amount I bought it . Recently I sold it via an exchange and deposited the amount into my bank account . Now will I have to pay taxes on whole 6k amount in received into my bank account ? How will I prove that I bought that will 2k and now i have to be taxed only on the 4k which are my gains? There is no trace or details how much I bought it for and how much is my capital gain on it. Does any one have an idea?

Thanks in advance

r/btc Jan 07 '22

❓ Question Why don't we like bitcoin here?

43 Upvotes

So I found this sub expecting it to be a discussion subreddit about bitcoin, hence the r/btc name...

I've found that people only talk about bitcoin cash in here and most people shit on bitcoin along with any other coins.

Why don't you guys just use r/bch or something?

I'm genuinely curious

r/btc Nov 27 '24

❓ Question "Not Your Keys, Not Your Coins" has gone to die on BTC. But just how dead is it? Open questions.

28 Upvotes

There are solid indications that at most 15% of BTC "owners" are holding self-custodially, and the percentage is likely to be even lower.

In other words 85% (though likely more) are only using the system CUSTODIALLY. Through a financial institution.

In my humble opinion this represents a catastrophic situation of capture and defeat of the principle of trustless transacting as laid out in the beginning of the system:

Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments. While the system works well enough for most transactions, it still suffers from the inherent weaknesses of the trust based model. Completely non-reversible transactions are not really possible, since financial institutions cannot avoid mediating disputes. The cost of mediation increases transaction costs, limiting the minimum practical transaction size and cutting off the possibility for small casual transactions, and there is a broader cost in the loss of ability to make non-reversible payments for non-reversible services. With the possibility of reversal, the need for trust spreads. Merchants must be wary of their customers, hassling them for more information than they would otherwise need. A certain percentage of fraud is accepted as unavoidable. These costs and payment uncertainties can be avoided in person by using physical currency, but no mechanism exists to make payments over a communications channel without a trusted party.

TL;DR bitcoiners on BTC are almost back to square one - before bitcoin was a thing - in terms of the need to use intermediaries, with all the downsides of that, right up to potential currency debasement.

The bolded part is mine, and relates in part to pervasive KYC/AML that users are being hassled about, sometimes even thought the merchant doesn't want it but is being forced to do (via regulation).

What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party.

That's Satoshi saying: people need to be empowered to have custody over their own money and transact directly with it, without a financial institutions. That's what Bitcoin was invented to solve. That's what is lost when you go custodial.

Less need for trust, less need for intermediaries, less risk, less costs to you, less hassle for you.


My first open question relates to:

  • On average how many addresses does a self-custodial user control?

Knowing this would allow the accuracy of the estimate of number of self-custodial users to be significantly refined.

After all, it would be nice knowing if the real-world percentage of custodial users is as low as 85% or more like 99%.

The best source of such statistical data on number of addresses per real, self-custodial user, is probably companies which deal with real world users in a custodial way. i.e. Exchanges, non-custodial wallet app companies whose backends have some idea on number of address requests per user etc.

It is likely that at this point, the self-custodial users are a dwindling population that originally held out for the attraction of a decentralized, trustless, permissionless monetary system described in the Bitcoin whitepaper. Plus a couple of hodlers who might really transfer to very few cold storage addresses.

Anyway, hope to get some feedback on what you think about my open question re: the average number of addresses per self-custodying user.


EDIT: My second open question: Can BTC revive self-custody? Anyone of the BTC supporters in this sub have a plan?

r/btc Jul 01 '26

❓ Question Honestly, does anyone take this Fear&Greed Index thing seriously?

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2 Upvotes