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Bitcoin / Bitcoin Discussion / Re: What Happens to Our Bitcoin and Other Assets If We Die?
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on: October 08, 2022, 12:08:57 PM
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You can create a file with manual on how bitcoin works and how and where your coins are stored and retrievable.
Obviously non tech people will need assistance, as long it is clear who becomes the next owner.
It's no different as other assets. If there is no one that knows of the crypto's it will go lost without anyone caring about it.
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Bitcoin / Bitcoin Discussion / Re: Age of bitcoiners
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on: October 08, 2022, 10:55:45 AM
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Younger people have a lot of interest in technology and investing or creating their own apps. They learn quickly so it's no surprise these are well represented.
Older people take a long time before decisions to invest in something. They are more wise about money and it's value.
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Bitcoin / Bitcoin Discussion / Re: Now is the perfect time to invest in Bitcoin
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on: October 07, 2022, 11:12:14 AM
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I think this post is from someone that wants to promote crypto because he invested himself and not because of objective analyses of the market.
Sure when I buy into a coin I also go to promote it some and not say anything negative. But that is with a preset mind looking with one eye on my investment and hoping it will go up. It has nothing to do with building a real vision of what can happen with crypto's next year.
I think it is still to early...
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Bitcoin / Bitcoin Discussion / Re: 2024 Bitcoin Halving - What are Your Expectations!!!
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on: October 07, 2022, 11:00:36 AM
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Yes, opposite of what many expect many crypto's go down on the short term after the halving event.
I remember thinking "it seems the price of bitcoin also is halving everytime it happens."
In the long term bitcoin will become scarcer and eventually the price will move accordingly.
Until now it reached a new platform around 20K and I would like to think we came from below $1200 instead of that we went down from 68K. We made the higher low 20 x above last top. We may see $12K - $13K before we can win back trust in the market and the price could go back to $30K - $60K zone.
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Bitcoin / Bitcoin Discussion / Re: Privacy should be fought for
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on: October 05, 2022, 09:49:14 PM
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Just be carefull where you expose yourself. If you don't really have much to hide then you do not need to worry all that much.
The internet is not the safest place to put personal information on for others to look into.
I bet the new generation has a totally different mindset since they do not know better then that there is internet. They can not imagine a world without it. But a bit older people have awareness of when the television got introduced and later the birth of the internet.
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Economy / Gambling / Re: What is a game you would like to see in an online crypto casino?
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on: October 05, 2022, 03:09:57 PM
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Poker and Omaha High are my favorites because it does take skills to play them.
Roulette and Blackjack can't be missed in a good casino and slots with good creative prizes.
Ofcourse so many boardgames are great to play with multiplayer but those are just not in the category of casino/gambling.
I'd like sportsgames as well or bet on the outcome of events.
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Alternate cryptocurrencies / Altcoin Discussion / Re: LTC and Doge has something to do with BTC?
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on: September 29, 2022, 01:12:33 PM
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While these are different projects that were based on bitcoin, they both have a very different path of development and communities.
But they all also depend on the success of bitcoin. If btc goes down, everything goes down.
I don't think many coins would survive if bitcoin would be destroyed. All businesses would go bankrupt and what's left is a crypto wreckyard.
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Bitcoin / Bitcoin Discussion / Re: Are new bitcoin users early or late to the party?
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on: September 28, 2022, 11:22:04 AM
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I feel like I'm too late and the btc price is literally just gonna go sideways forever. Or maybe a slow gradual push up. Maybe in 20 years it will be worth half a mil.
I dont think we're gonna see anymore gains like people of the 2010s and 13s experienced. and even 2017...|
Will btc ever hit a million? Or hundred million?
I kick myself so hard every night going to sleep that I didn't get in earlier. Liek I'll literally have dreams of being in 2013 when I first heard about it and buying some... T_T
In what other commodity could you expect your money to go 25 x in 20 years? That's quite a positive prediction. You can start whenever you want because many crypto's are being created and between the 95% that is made to fail there are actually some good projects out there. There is too much going on for not to find some interesting project. You can easily build a small business around crypto's. A whole new industry was fabricated since 2009 and it won't go away.
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Bitcoin / Bitcoin Discussion / Re: Bitcoin thoughts
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on: September 28, 2022, 11:05:15 AM
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Cardano is extremely popular. In 1 or 2 years it will be even cheaper, then we're ready to buy again.
Crypto's is too big too fall and there is too much good technology in it to not attract more investors and project builders.
Ofcourse you have to dodge bullets when you are trading anything.
The biggest risk is that Satoshi will put his keys to work and block the blockchain. Insane that only one or a few people have this power and even the billionair investors and banks trust the creators of bitcoin to not do this.
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