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1  Other / Off-topic / Re: What to do with my bitcoins ? on: July 08, 2017, 08:42:19 PM



No one will be using bitcoin to buy 'things' in a few years time.

Bitcoin will be like gold, a storage of wealth.

Today, while it's still the payment layer of blockchain, I use a bitcoin prepaid Visa card.
2  Bitcoin / Bitcoin Discussion / Re: Invest in bitcoins today and be a millionaire in the future! on: July 08, 2017, 08:21:18 PM
This phrase would be more actual in 2008-2010 year. Today to buy bitcoin per 2600$ to be rich in the future is just crazy to me. I can't but even 1/4 of BTC today, what to tell about buying of at least 1 BTC! Grin
Yes, I heard of this kid and I'm very happy to him and his parents, because of I doubt he would provide it himself in such young age.


It's a good point.

Most people can no longer afford to buy a whole bitcoin.

Soon, the banks will be buying bitcoin and almost no individual will have one.

It will be the storage of wealth.

Not the transaction layer of digital money.

Watch litecoin, dash, veritaseum, etc.
3  Bitcoin / Bitcoin Discussion / Re: Securing your wallet on: July 08, 2017, 08:14:30 PM



THE most secure cold storage wallet is one that can not be burned in a house fire.

Brass plate. Typewriter keys. Hammer.

Use hammer to print your private keys using the typewriter keys onto a brass plate and then put it in a lead-lined box and place it somewhere in your home in the wall fixtures (cemented over)

Nuff said.
4  Alternate cryptocurrencies / Altcoin Discussion / Cryptegrity — the future of ICOs on: July 08, 2017, 07:59:51 PM
What is cryptegrity?

...if you can work it out (and it's not difficult) leave your guess in a comment and i'll confirm in 3 days.

Here are some clues...

Many ICOs will be scary pump-and-dumps - with some people losing painful amounts of money...

Why?

Because both the ICO issuer and the investor lack cryptegrity.

...And if you can fit the puzzle together, I believe you'll achieve maximum profitability with ICOs over the coming few years (in my humble opinion as a crypto trader since 2013).

First: I trust you see more importance in crypto than just making money...

To me, it's about Freedom, in all senses: lifestyle, political, creative, and so on.

And that sentiment reaches the deep roots of crypto philosophy:

Way back in 1995 (14 years before Satoshi's whitepaper), James Orline Grabbe described crypto-currencies in a powerful article:

Quote
"Cryptology is the future," ... "It's what's going to protect us from Big Brother."
- The End of Money, Part 1, by J Orlin Grabbe, https://www.memresearch.org/grabbe/money1.htm

J Orlin Grabbe saw The Matrix.

He saw bitcoin — just not by that name.

Beyond that:

He saw principle. He saw reason. He saw purpose.

His vision wasn't about pump-and-dump scam ICOs where people lose hard-earned money — along with their hope of finding a fast-track to better financial security...  

Have you seen today's drop in Ten-X PAY token price now that's it's available on exchanges...



You've got to be damm careful about the ICOs you go for, the concepts you invest and believe in, your position sizes, risk management, pay-back timelines, carefully juggling between ICOs and the trends of better established coins.

Like... Ether... Dash... and.... Litecoin! (getting ready for lift-off, engines firing on all cylinders)



My last ICO investment gained about 4x so far and I'm hodling for more because I believe in the technology.

I avoid most of them.

And the way I choose is by using cryptegrity.

So can you guess what it is?

P.S. In my next post I'll make some predictions.  
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