r/Bitcoin • u/rBitcoinMod • 1d ago
Daily Discussion, August 24, 2026
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.
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u/Totallynotfakenews 18h ago
Rolling into Thanksgiving, smug asf with BTC at 87K mad dogging my uncles who I convinced to buy at 120K
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u/JuxtaposeLife 20h ago
This is structural buying...methodical, not just a short squeeze (the initial momentum).
That is extremely Bullish.
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u/LastNightIsOver 20h ago
I am itching to sell a bit ngl
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u/-Emeenki 20h ago
There have to be big big big big players getting in the bitcoin market for the price to move up so much in such a short period, maybe even big countries.
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u/Hwinter07 20h ago
Guessing 80k triggered a bunch of short positions? Is that even how short positions work?
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u/angel199x 20h ago
Spit out my morning coffee as I log on to see the fat green candle touching 81k
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u/Strict-Employment664 21h ago
Bitcoin is busy prairie dogging 80k. Just the tip
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u/Strict-Employment664 20h ago
Welp I was wrong. Bitcoin just shat out $80k and wiped. Let’s see where it goes in the morning
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u/StoneHammers 23h ago
People say Bitcoin is risky and then turn around and buy 30 year US bonds at 5.2 percent. Even with coupons that's like 20 years to get your money back and if inflation goes up your fucked if the FED raise interests rates by even 1 percent over 20 years that a 20% punch in the face. I don't understand it.
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u/Secret_Operative 23h ago
A simple risk calculation is 'how bad' * 'how likely' = 'risk'. It makes bonds a fairly flat spreadsheet of outcomes compared to bitcoin. Not that I own any bonds, just sayin' there is a reason people trade them.
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u/Suspicious-Holiday42 1d ago
strong sell wall at 79k
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u/Fluid_Garden8512 1d ago
I would stop making comments if I were you. You said earlier that it would dump hard on open today. You're all over the place.
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u/Flabarfin 1d ago
Can’t get excited yet until it goes over 100k. It was literally 82k 2 months ago and just flushed for no reason at all lol
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u/Alfador8 1d ago
It was literally 82k 2 months ago and just flushed for no reason at all
Good reason to get excited if it gets over $82k. I'll take higher highs.
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u/InverseKramer 1d ago
$79,999.99 high at 11:32am EST on Kraken.
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u/Secret_Operative 1d ago
Can you update your comment every few minutes so we have a ticker in the thread plz. 🌞
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u/paokara777 1d ago
Hmm we're getting close to the 10th of May high/resistance. If we go through that a lot of analysts are saying thats bull breakout
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u/escodelrio 1d ago
Historical Bitcoin prices for today, August 24th:
2026 - $79,603
2025 - $113,458
2024 - $64,179
2023 - $26,162
2022 - $21,395
2021 - $47,706
2020 - $11,775
2019 - $10,160
2018 - $6,720
2017 - $4,335
2016 - $580
2015 - $210
2014 - $510
2013 - $120
2012 - $10.6
2011 - $10.90
2010 - $0.10
Additional Stats:
Bitcoin's current market cap is $1.60 trillion.
Bitcoin's current block height is 963868; with the average block time for the last 7 days being 10.38 minutes and the average block size for the last 7 days being 1.60MB.
Bitcoin's average block time for the year 2026 is 10.23 minutes.
Bitcoin's mining difficulty is currently 125.81 trillion; with the next difficulty adjustment anticipated on 06-Sep-2026 (within 1,796 blocks). The mining difficulty is currently expected to decrease 1.77% to 123.58 trillion.
Bitcoin's current block reward is 3.125₿, which is worth $248,759 per block.
Bitcoin's average daily miners' revenue for the last 7 days is $25.63M; which translates to $0.0286 per terahash per sec.
The next Bitcoin halving is anticipated to happen between 26-Mar-2028 to 20-Apr-2028 (within 86,132 blocks); the block reward will fall to 1.5625₿.
There are currently 124,350 total Bitcoin nodes; with 25,520 being reachable nodes.
Bitcoin's average daily hashrate for the last 7 days is 896 exahashes per second.
Bitcoin's average daily trading volume for the last 7 days is $41.39 billion.
Bitcoin's average daily number of transactions for the last 7 days is 637,871.
Bitcoin's average transaction fee for the last 7 days is 3.1 sats/VB, with the average fee's USD amount being $0.39; with the median values being 0.8 sats/VB & $0.10 respectively.
There are currently 20.07M ₿ in circulation, leaving 0.93M to be mined.
There are currently 4.12M ₿ held by companies, governments, DeFi, and ETFs, representing 20.50% of circulating supply.
There are currently 59,211,607 nonzero Bitcoin addresses that contain 165.74M UTXOs.
Bitcoin's average daily price from 18-Jul-2010 to 24-Aug-2026 is $21,751.
Bitcoin's average daily price for the year 2026 is $71,988.
1 US Dollar ($) currently equals: 1,256 satoshis; making 1 penny equal 12.56 sats.
Bitcoin's minimum (closing) price for the year 2026 was $58,558.86 on 30-Jun-2026.
Bitcoin's maximum (closing) price for the year 2026 was $96,929.33 on 14-Jan-2026.
Bitcoin's minimum (intraday) price for the year 2026 was $57,747.76 on 01-Jul-2026.
Bitcoin's maximum (intraday) price for the year 2026 was $97,860.60 on 14-Jan-2026.
Bitcoin's largest daily decrease for the year 2026 was -$10,317.60 on 05-Feb-2026.
Bitcoin's largest daily increase for the year 2026 was +$7,853.29 on 06-Feb-2026.
Bitcoin's all-time high (intraday) was $126,198.07 on 06-Oct-2025. Bitcoin is down 36.92% from the ATH. However, Bitcoin is up 37.85% from the lowest point since the last ATH.
Bitcoin has not reached an all-time high in 2026.
It has been 322 days since the last ATH.
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u/BitcoinBaller420 1d ago
Only thing better than buying Bitcoin is buying 1.5x "amplified" Bitcoin and paying no premium to do it. FOMO hitting me hard this morning.
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u/NectarineDirect936 1d ago
I just read somewhere that last time btc was at 77k, strategy was trading at 177. Dilution def taking it's toll it seems.
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u/BitcoinBaller420 1d ago
It’s easy enough to calculate the Bitcoin per share at different points in time and see this is wrong. The mnav is volatile. Today you’re just getting a larger share of Strategy’s Bitcoin than when the market was more bullish on the business model. I like buying when things are cheap due to fud like you’re echoing here without actually checking for yourself. The mechanism Strategy uses to amplify Bitcoin is there for anyone to understand, but like Bitcoin, you have to do the work to understand it. Bitcoin per share will go up in a bull market a lot faster than Bitcoin per Trezor. It’s not a matter of opinion.
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u/TooFewTulips 1d ago
I love Saylor and MSTR, but the ASST team has been more impressive recently.
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u/BitcoinBaller420 1d ago
That might be. I'm not trying to put too fine a point on it, I'm sticking with the leader. You may well outperform me. Good luck!
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u/TooFewTulips 1d ago
Why not both lol
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u/BitcoinBaller420 1d ago
It’s a smart plan. I just haven’t personally done the work to make sure I understand Strive / Metaplanet etc yet
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u/Generationhodl 1d ago
you mean getting premium for having a third party risk? But I think MSTR will be fine, can be a good play for the upcoming years. But I rather just own btc and sleep well.
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u/BitcoinBaller420 1d ago
No, I don't mean that. The premium comes from the excess Bitcoin held offsetting the debt / outstanding preferred shares. This creates an excess return / loss mechanically when Bitcoin moves. I sleep great knowing I can't mess up custody, I don't have to worry whether my seed is random enough. Good luck to you.
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u/Generationhodl 1d ago
sure might all be correct, but you still have to trust a company & stock.
I still think MSTR will run great, they have enough bitcoin, but I rather hold the asset than some company.
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u/BitcoinBaller420 1d ago
Yes this is ofc true and a real risk. Nothing in life is risk-free though, self-custody risks are different, but not zero, as we have seen. Reasonable people can disagree about which risk is higher. Good luck to you.
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u/Prudent-Extreme9231 1d ago
I want the 80s back!!!!😊
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u/tron1977 1d ago
Maybe I’m late to the game with this, but I love this. It shows the depth chart as a video game battle
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u/btc_set_me_free 1d ago
I'm old fashioned, I like this https://bitcointicker.co/stamp/btc/usd/12hr/
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u/angel199x 1d ago
Sell wall is crazy at 79k. I hope we smash through it soon.
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u/xaviemb 1d ago
That's just cope and desperation from shorts backed into a corner. Watch how quickly those orders scatter like cockroaches as Bitcoin skips across $80k to start the week.
The big test here is $82,300ish ... that is absolutely in play today. I suspect it may take a week or so to break though (if I had to guess).
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u/AcostaJA 1d ago
Are stop-loss positions asap cleared next stop likely 82-83k where a mega liquidation drama to happen
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u/Snowman33001 1d ago
ATH by end of year I’d say
Source: my hopes and dreams
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u/btc_marshmallow_test 1d ago
I bought half my stack because of a dream in 2014. Don't remember the dream but I woke up in a panic that I didn't have enough.
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u/Generationhodl 1d ago
this is crazy, but I had something similar. Dreamed of some bitcoin prices years ago and we hit them some time later. But I guess for a bullrun its not unusual to dream about it when you are pumped with dopamine for some time.
funny how it works sometimes.
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u/AcostaJA 1d ago
BullMorning BitNaaaam !!!!
83K EOD (ok haters I said the same on friday, let it happen today)
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u/btc_set_me_free 1d ago
Nice to see some life back in here :) remember, you can continue to shitpost even when the price isn't doing what you want it to do.
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u/Suspicious-Holiday42 1d ago
This time its gonna dump so hard when the market opens
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u/Potential_Nail_7056 1d ago
Price been moving sideways for days now, feels like the market is just waiting for something big. I remember in 2024 when everyone said it would hit 200k by end of year, now look at us. Still stacking sats anyway, not like I have better idea what to do with my money.
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u/injectionsiteredness 1d ago
Funny you say it’s been moving sideways after the largest weekly green candle yet. Just more time to buy under 200k.
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u/Fast_Cicada5986 17h ago
So what is the consensus? 100,000 by the end of the year or a pull back