I gained most of my profits from purchasing ethereum way back in 2019. I first purchased my ETH since my brother recommended it to him by one of his friends who mainly focuses on investing in cryptocurrency. Although I am the only one in the family who has some knowledge to a certain degree in the crypto-space, I immediately purchased $1000 worth of ETH at that time. $500 worth of my ETH, I sold them on the last quarter of 2020 and right now, I am still HODLing them until they mature more in value. BTC and LTC. Because i invested in them mostly, hah
I deeply regret spending my BTCs which I earned in campaign signatures way back in 2018. If I did not spend any of it, I could have at least saved up to around $20,000 today. Lesson is- do not spend your BTCs!
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So, I have small amount of cryptocurrency I bought and mined over the years and will HODL, but I am seeing news articles and advertisements about earning interest on my coins. And the returns are not bad--5 to 7% per year.
It seems BlockFi is the front runner. They seem to have partnerships with the major US crypto exchanges, e.g. Gemini and Coinbase (I am in the USA). I am also googling and trying to educate myself.
But, I have serious concerns about learning my crypto to 3rd parties. What happens if the institution that I loan to, for example BlockFi, goes brankrupt? I assume I will lose my crypto. Would it be safer to loan to an exchange and I don't run that risk?
What are your experiences so far with loaning your crypto? What place do you loan to, or recommend loaning your crypto to?
I think the returns that they offer are relatively fair, considering that 5-7% per year is kinda the standard interests in general. However, I do warn you in engaging into ponzi schemes. Some websites offer ridiculous returns in a shorter amount of time but such platform require you to invest a minimum amount in order to proceed. Last 2019, I personally invested in USI-TECH ponzi scheme where they offered 160% returns in 6 months. For the first 3-4 months, you can actually see your investment increasing in value. But when the mature date is near, their website crashed and I lost all of my bitcoins. Make sure that when you invest on interest rates, double check the website and its genuineness. Lots of fake and scam websites are plaguing the internet space, taking advantage of this bullish run.
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Happy Friday, gamblers Some time ago, last October, I asked you if BTC price increase has affected your gameplay somehow. Back then, it wasn't a problem for most of the users who replied. Well, today the BTC price is almost $50K. I was just wondering, how are things now. Are you still playing with Bitcoin, or have you switched to another coin due to a rise? Thanks, Karl from Bitcasino Oh definitely! The skyrocketing of the price of bitcoin definitely forced me to switch using my cash instead. I feel like the more that I use my bitcoins in gambling, the more that I lose on its value on long-term. I started gambling some of my bitcoins back in 2018 when I first earned them through campaign signatures. Back then, 0.01 btc was equivalent to around $40 (1 btc = $4,000). I used to gamble them away and I did not care at all on its value. Now it is a different story as 0.01 btc equates to almost ~$500. You can obviously see the price discrepancy the amount of money I would have saved if I did not use my bitcoins. As I learned my lesson, I will be saving them and HODL for long-term investment in order to maximize my profits more.
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The open blockchain platform Harmony has announced that it will start supporting staking from now, in an effort to create a blockchain-based infrastructure. source: https://www.harmony.one/Of course, as I know, there are many exchanges that support staking. I want to fully understand what is staking and what are the best coins and platforms that we can do staking and give good profits? My most important question: Which is better, staking or investing? This depends but generally, investing is relatively better. Staking may be compared to mining but it in a more eco-friendly approach as it does not need any super-powered CPUs in order to proceed. You choose a PoS coin, download its wallet, determine the minimum number required of staking coins, and start staking. The problem with staking is choosing what token/coins to purchase from. There are lot of tokens and altcoins being developed daily and it might be tricky and tempting to purchase from a new project. On the other hand, investing involves purchasing a coin and letting time mature on its own value. Generally, some investors purchase popular coins in order to at least minimize the chances of being scammed. This is certainly perfect for cryptocurrencies in general, as they are volatile in their value.
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If the firm decides to enter into the crypto exchange business, we think the firm could immediately gain market share and disrupt the industry," RBC said, adding that it could help the US become a leader in crypto over the next 10 to 20 years.
This statement alone taken from the article presents a hypothetical situation IF Apple were to enter the crypto exchange business. There is no finality yet which is very misleading on the title of your thread, OP. In case the tech-giant does indeed, enter into the crypto space, then this may start other people and businesses to enter into the realm of cryptocurrencies. This is just the tip of the iceberg and the possibilities are endless.
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The year 2020 made us realize that we should be prepared for anything. So many jobs have been lost, businesses and establishments were closing. Schools have closed entirely as well.
So we are now into this new age that most of the things we are doing are online. Food, grocery, shopping, and most importantly, education. Schools have created modules for what they call distant learning. I know this is not that new, but I am just curious to know if this pandemic will change everything we know about.
I am not new to crypto or blockchain but I don't have any extensive knowledge regarding the technicalities. Do you guys think that there is a use case for blockchain on online education?
Hmm, the blockchain is typically integrated in the financing world as it involves the elimination of a third-party consensus and the 'trust' system based on such third-persons. In the online education, however, I do think that knowing where your study material comes from is relatively not that important as what matters is the content of such material. Now, online education is just the start of learning. People have been adapting to this kind of system due to the ongoing pandemic and virus. Unfortunately, this eliminates the opportunity of venturing out of the open world where you socialize and meet other people from the campus and personally experiencing projects that are complex and technical. Imagine this- you were to get your license but you are required to study driving. However, since physical contact is prohibited, you are forced to learn driving through modules and videos. I tell you, no matter how many times you read a book about learning how to drive or watch videos, until you get the experience of actually driving, you will never learn how to drive.
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$100k still far from the way it looks but it looks like it will be... we have already seen that when Bitcoin crosses $ 20k it keeps going up and becomes $ 40k. maybe if Bitcoin has reached $ 60k then the price will continue to go up to $ 100k or more. I am very optimistic that later there will be more companies that will make Bitcoin their safe haven so that the price of Bitcoin continues to soar.
This is true that $100k will still be a long way to go but if you were to apply it way back in 2012, no one expected its price to skyrocket above the $20,000 range. The key here is to HODL for long-term. I learned this the hard way because upon checking the total number of my received bitcoins (from campaign signature earnings since 2018) it amounted to around $18,000 at its current market value. Imagine, if people were to HODL this year (2021) then what would its price maybe 4-5 years from now? Expect it to at least (maybe?) double its price in the very near future.
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This is probably what Manny was talking with his latest update that he will be back this year with a big fight. https://tribune.net.ph/index.php/2021/02/12/pacquiao-give-me-crawford/“We told Bob I get $40 million and Crawford gets $10 million,” said Pacquiao, whose last fight was a stunning win over Keith Thurman in July 2019 in Las Vegas.
I believe if Crawford will take this fight, it will be the biggest paycheck of his career as a boxer. So what do you think about this fight, is it going to be the fight of the year? Oh yes! Anything that the People's Champ fights will definitely become the fight of the year. Although the fight between Anthony Joshua and Tyson Fury may be a contender, seeing the 42-year old Senator fight a deadly boxer in his prime is just a feast to the eyes. I also agree that Crawford should definitely take this offer. To be honest, regardless of the outcome of the fight, it is a win-win situation for him. He gets the recognition that he fought one of the legendary boxer in boxing and he also gains a significant amount of share in the fight. I do hope that this fight pushes through and I will definitely also putting my bets on the People's Champ!
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Username: qwertyup23 Current Post Count: 2315 Current Rank: Hero member Bitcoin Address: bc1qnk65nykjc2jlt8nf9w0nkp02shucm7ndcrqrn2
Hopefully I can participate in the campaign!
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Have you seen how governments responded to the corona virus?
Quite simply, in Italy, the US and elsewhere, they will increase their budget deficit, and add debt. In my understanding, that's very bad for fiat currencies, while BTC will remain unaffected, thanks to the lockdown on money supply.
I do think that the Coronavirus pandemic affected job employment and opportunities as a whole, which indirectly affected the fiat as a whole. With this in mind, the economic has been stunted and any opportunities for job employment decreased. This resulted to a number of workers being unable to meet their monthly obligations given that most businesses have been closing their operations. Although the creation of the vaccine gives hope, this will not restore the damage it created initially, maybe not in the near future.
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assuming the history of BTC from 2017 - 2018 will repeat this year, what you'll do with your BTC?
This depends upon the circumstances surrounding the reason on why the price of BTC dropped. As for me personally, I would definitely purchase more BTC and HODL it for long-term. Any opportunity that makes its price lower in the market is also an opportunity for me to earn them. Another thing, I do think that people are taking for granted the technology of the blockchain and its application in the world. That is why I do think that prices of BTC will definitely skyrocket AGAIN in the upcoming future.
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"Tesla has already taken Bitcoin for cars." Was it really Tesla itself which accepted Bitcoin or just a Tesla dealer? Either way, I'm still amazed that as early as 2012 or 2013, when Bitcoin was mostly unheard of, there was already a transaction like that. I wonder how many latest Tesla models would that amount buy today.
Anyway, Elon getting into Bitcoin, Gold, and so on is no surprise. They're all better options than fiat. Wealth diversified into various stores of value other than the depreciating fiat is expected.
I do think that investors are starting to realize the exceptional use of the blockchain technology and bitcoin as its digital currency. Upon the investment made by Elon Musk, the price of bitcoin increased in the market. I also remember that when Elon Musk tweeted about Doge coin, its price significantly increased which alarmed most investors and HODLers of such coin. With this recent development, I do hope that other businesses will start to integrate bitcoin on their business plan. For the time being, I will definitely HODL my coins and maybe sell them 3-4 years from now. I definitely see the potential of its price increasing again in the near future.
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1. Malware from Github link and Fake Wallet Thread: [ANN] [VK7R] [Vektorcoin] Worlds best upcoming esports coin <---- DELETEProfile Link: owvids----> Last post November 09, 2017Archive: https://archive.fo/ghDxD Virus Total Link/s: https://dl.walletbuilders.com/download?customer=5e9b9527c50fbb9e27cc83d3589f1c03014b9ba7fd7d20d0f6&filename=vektorcoin-qt-windows.zip
https://dl.walletbuilders.com/download?customer=5e9b9527c50fbb9e27cc83d3589f1c03014b9ba7fd7d20d0f6&filename=vektorcoin-qt-linux.tar.gz
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I'm curious about some publications mentioning that "only 2% of the addresses holds 1 Bitcoin or more".
I found this to be quite surprising, since I always supposed longtime hodlers to be the larger segment of the Bitcoin ecosystem and not just a small fraction.
How accurate this data could be?
I do think that such data is accurate. Remember that the insurgency on the price of bitcoin happened only on the years 2020-2021, in which most people are just staring to join the hype train. Some users who were able to receive bitcoin as early as on its initial stage are the ones whose wallets have more than 1 btc. I do think that such data is accurate and it shows that earning btc can be a relatively difficult task to obtain. There are about 28 million non-zero Bitcoin addresses. Do you think 560k people holding 1BTC or more is a small number?
This is also true. While 2% may seem 'low' facially, but the fact that there are millions of addresses globally make 2% a pretty huge number of people who own 1+ btc inside their respective wallets.
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People with a lot of Merit can earn $50 in BTC a week easily and more in signature campaigns. They have absolutely ZERO motivation to give others Merit because if anything giving others Merit will give them more competition in the signature campaigns.
The purpose of this forum does not revolve alone in earning money through participating in campaign signatures. The forum is bigger than that- which is sharing your knowledge about cryptocurrencies in general. It just so happens that the traffic in this forum makes it as an avenue for businessmen to create advertisements. While its great to offer people a way to earn bitcoin, basing this so much on the merit system is the stupidest thing Bitcointalk has ever done and it has ruined these forums. I must have seen the exact same ETH-shill post in different words 50 times last week in the Altcoin disussion board. Always by different usernames but probably the same people/same guy running all them in his bot network.
The merit system actually contributed greatly in terms of post-quality of users. Lots of brand new users with relatively low activity are gaining hundreds to thousands of merits in a few months. With the merit system being implemented, it reduced the total number of users who farm accounts by ranking up only through activity. Was a great time but until this system is changed I rather write in some old mailing lists or even to my own notepad because there I have control over my words and thoughts and am not influenced by retarded distractions as the Merit system.
I do think that the merit system will not be changed soon unless there is a compelling reason for theymos to do it. As we all know, the merit system cannot address every corner of each problem and it is not perfect but it does its job pretty well in combatting against spammers and scammers.
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I am not sure if OP is one of the representatives of Marlin Protocol but upon checking the content, the message he just posted came from the Linked Account of Marlin Protocol. OP, if you are not a representative of this project, I highly suggest that you take this down as this MAY constitute plagiarism. Check below for the REFERENCE:
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