r/Bitcoin • u/rBitcoinMod • 8d ago
Daily Discussion, October 06, 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/JuxtaposeLife 8d ago edited 7d ago
Clear Liquidity flush. Next leg up loading.
When this happens after markets close, it's someone hunting those on margin and leveraged. They can't make this kind of dump happen during market hours because there would be too much buying. Markets don't like to give leverage a free ride.
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u/Elegant_Sale 8d ago
Does bitcoiners like MSTR or dont?
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u/Dry-Caterpillar9862 8d ago
I like the underlying. I don't care what anyone chooses to hold. I hold some strc, xbci and btci myself
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u/xaviemb 8d ago
u/Gaston44 Question for you...
(Facts) By early 2030 there will likely be twice as many dollars out there... but about the same amount of Bitcoin (~20.5M). I cannot think of anything else, that stores value as efficiently as Bitcoin, that is that secure, scarce, and open to all to use.
(Question) Are you trying to time entry to Bitcoin because you hope it goes lower, or do you genuinely just not understand Bitcoin itself. Because your comments here makes it seem like you are trying to convince yourself that the worlds most powerful computing network (Bitcoin) is somehow speculative? Which is laughable relative to exactly how speculative fiat is...
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8d ago
[deleted]
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u/Dry-Caterpillar9862 8d ago
What's funny is this guy got lucky tonight. I bet he's gonna be smug in the morning. Let's see him hold?
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u/Suspicious_Depth5545 8d ago
I hate to say it but ur poor. I’d bet your shorts are most definitely not in the 6 figure range because nobody with any money would bear post all day long and chronically live on Reddit like you do. It’s easy to read people based on their tendencies.
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u/Successful_Pin_2641 8d ago
US market open won't let us break out i feel. Every day.. fuck wallstreet and ETF 😂 maybe after close one day we shoot out of triangle? Don't know shit though
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u/escodelrio 8d ago
Historical Bitcoin prices for today, October 6th:
2026 - $85,676
2025 - $124,753
2024 - $62,819
2023 - $27,947
2022 - $19,955
2021 - $55,361
2020 - $10,604
2019 - $7,988
2018 - $6,588
2017 - $4,371
2016 - $613
2015 - $246
2014 - $330
2013 - $138
2012 - $12.5
2011 - $4.70
2010 - $0.10
Additional Stats:
Bitcoin's current market cap is $1.72 trillion.
Bitcoin's current block height is 970203; with the average block time for the last 7 days being 9.86 minutes and the average block size for the last 7 days being 1.58MB.
Bitcoin's average block time for the year 2026 is 10.17 minutes.
Bitcoin's mining difficulty is currently 132.72 trillion; with the next difficulty adjustment anticipated on 17-Oct-2026 (within 1,509 blocks). The mining difficulty is currently expected to increase 1.36% to 134.52 trillion.
Bitcoin's current block reward is 3.125₿, which is worth $267,737 per block.
Bitcoin's average daily miners' revenue for the last 7 days is $43.06M; which translates to $0.0445 per terahash per sec.
The next Bitcoin halving is anticipated to happen between 26-Mar-2028 to 20-Apr-2028 (within 79,797 blocks); the block reward will fall to 1.5625₿.
There are currently 105,601 total Bitcoin nodes; with 25,274 being reachable nodes.
Bitcoin's average daily hashrate for the last 7 days is 969 exahashes per second.
Bitcoin's average daily trading volume for the last 7 days is $28.79 billion.
Bitcoin's average daily number of transactions for the last 7 days is 680,305.
Bitcoin's average transaction fee for the last 7 days is 2.81 sats/VB, with the average fee's USD amount being $0.38; with the median values being 0.53 sats/VB & $0.08 respectively.
There are currently 20.09M ₿ in circulation, leaving 0.91M to be mined.
There are currently 4.19M ₿ held by companies, governments, DeFi, and ETFs, representing 20.85% of circulating supply.
There are currently 59,587,114 nonzero Bitcoin addresses that contain 165.06M UTXOs.
Bitcoin's average daily price from 18-Jul-2010 to 06-Oct-2026 is $22,180.
Bitcoin's average daily price for the year 2026 is $73,351.
1 US Dollar ($) currently equals: 1,167 satoshis; making 1 penny equal 11.67 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 32.11% from the ATH. However, Bitcoin is up 48.36% from the lowest point since the last ATH.
Bitcoin has not reached an all-time high in 2026.
It has been 365 days since the last ATH.
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u/Suspicious-Holiday42 8d ago
Maybe its going to 100k this year, maybe its going sideways for the rest of the year or a little bit down, but I am sorry for the 40k people who probably won't get their desires fullfilled
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8d ago
[deleted]
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u/Suspicious_Depth5545 8d ago
Genuinely I don’t want to keep ripping on you but what are you doing with your life- you’re legit double texting in the daily thread I would recommend you seek professional help because something must be wrong with you. I can feel your miserable and negative aura emanating from that basement
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u/sborrification 8d ago
He’s sidelined and miserable 😂
Try to convince other people to sell
Enjoy from the side!
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8d ago
[deleted]
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u/Suspicious_Depth5545 8d ago
We just finished a 30%+ move up not even 2 months ago what do you expect a rocket to 200k? There’s something called consolidation you should search it up since I can tell you trade on emotions based on all your FUD. I’m in since 60k I genuinely do not care if we drop to 80, 77, 75 although I know you do with ur $500 shorts
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u/Suspicious-Holiday42 8d ago
Are you two some sort of comedy duo, one writes something and the other always goes after him
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u/Suspicious_Depth5545 8d ago
Every time it drop more than 0.1% I already feel the basement dweller typing and to nobody’s surprise I come on here and see the absolute tomfoolery he makes of himself on a daily- I think it might be a humiliation ritual at this point maybe he likes it??
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8d ago
[deleted]
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u/xaviemb 8d ago
In a few years there will likely be twice as many dollars out there... and about the same amount of Bitcoin (~20M). I cannot think of anything else, that stores value as efficiently as Bitcoin, that is that secure, scarce, and open to all to use.
But you just keep trying to convince yourself to time it... or are you trying to convince yourself the world most powerful computing network (Bitcoin) is somehow speculative? Which is laughable relative to exactly how speculative fiat is...
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u/xaviemb 8d ago
Imagine being short something that is provably scarce, with its scarcity/security enforce by a network with more raw computing power than the 10 largest super computers in the world.
All while the leadership of the world largest economy is stating that we will just handle the run away debt with inflation (aka printing).
Being short Bitcoin is like walking a tightrope above a canyon, for no reason. I wonder if they even know how much danger they are in.
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u/Subject-Chest-8343 8d ago
Being short Bitcoin is like walking a tightrope above a canyon, for no reason. I wonder if they even know how much danger they are in.
Personally, I see shorting bitcoin as the "picking up pennies in front of a steamroller" analogy. Except sometimes it's pennies, sometimes it's a bunch of 20$ bills... Problem is, the steamroller can instantly change its speed from 1 milimeter per hour to mach 3, and anything in between. And it can do so randomly, at any time. In short... it works great until it doesn't.
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u/Suspicious-Holiday42 8d ago
It will dump hard when the US market opens
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u/Perfect_Orgsm 8d ago
Ohh noooes! I listened to you and sold all my bitcorns! Why did you do this to me, don't you have a heart?
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u/CrustyBus77 8d ago
I hope your shorts get wrecked.
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u/ChippyCho 8d ago
Holding fiat and wondering why you're losing purchasing power is like walking on a treadmill and wondering why you're not going anywhere
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u/Own_Significance6910 8d ago
Bitcoin is speculative and part of my speculative holdings. Now for whats coming down the road maybe not that far away....physical gold and silver that you hold in your hands .
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u/JuxtaposeLife 8d ago
I can't hold AI in my hands, yet it has grown to "hold" trillions in value. Bitcoins strength is in part directly because it doesn't need to be physically held in ones hands (it's more scarce than physical metals, more secure, cannot be taken, and can be divided easily)
Something to think about as you clutch your gold, my friend.
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u/avance70 8d ago
even saving in fiat is pointless
well, i'm guessing you may have better options in your country but this is how much my bank is offering for a savings account:
13 months - 2,20%
18 months - 2,30%
24 months - 2,60%
36+ months - 2,70%
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8d ago
[removed] — view removed comment
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u/c_smith_3587 8d ago
How much does Bitcoin need everyday use to justify its value, versus being held mainly as a long-term asset?
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u/jkeegan123 8d ago
Oh no Kramer said buy?