Ever hear of Bitcoin MVRV? It’s the ratio of what utxo’s are worth now to what they were when they last moved, on average.
Historically, MVRV reaches about 5 and lots of selling occurs.
This is why many who were early to bitcoin aren’t rich. A 5x on a big investment is nice but not world changing. A 25x will almost always come with a much smaller investment. Surviving 8 five-baggers is exceedingly rare.
I like to move my UTXO every so often just to f*ck with stats like this. 🤓😜
I eventually need to learn how to restore privacy to my kyc bitcoin.
Depending upon your situation, tolerance for KYC record keeping, etc.,
You can try this. Say you have 3 or 4 lots of UTXOs all from a single KYC source. And all are long term cap gains consolidations is DCA or even single lot bulk purchases.
Perform your own “PayJoin” mixing.
Assuming they start from a common wallet but different addresses.
3 or 4 inputs -> 3 or 4 outputs of which none of the UTXO input or output have a common size with any other input or output.
Never heard of this website. This looks great!
YouTube: Samourai/Wasabi Wallet CoinJoin. 🤙
You cant.
Need to sell KYC to prove you sold it.
Then use the fiat to buy non KYC.
I don’t think you take my meaning. I’m talking about using tech tools to take back my utxo privacy, not asking another person to swap KYC histories.
Oh sorry. Got it.
I convert coins to liquid BTC and then reconvert to L1.
That’s an idea. I wonder how much daily churn there is to hide within. If 0.01 bitcoin goes in and out daily and one sends 0.5, it’ll stick out like a sore thumb.
Yes, I dont know the exact numbers.
But its very cheap so you can send multiple small ones as and when you need to spend.
Open LN channel.
Swap into LBTC with Boltz (0.25% fee)
Swap out LBTC to BTC with Boltz (0.1%)
Do it through Tor and don’t be in a hurry. Avoid time-quantity correlation.
You will get UTXOs **really really** difficult to trace back to you.
Bull runs are traps too. Don’t sell your bitcoin. 😀
