I was incredibly busy with exams recently and I just remembered about this PM. Sorryy!
1. When and why did you become interested in cryptocurrencies?I think it was in the early 2014s. Bitcoin was featured on my news, just a short segment, nothing in depth at all. Curiosity got the better of me so I spent the whole night researching about Bitcoin and accidentally stumbled upon this forum. I realised that it was a good way for me to buy stuff online (I couldn't get a debit card as I didn't fulfill the age requirement) and I got hooked onto it after reading through the whitepaper. It was a good thing though, it is probably the catalyst for me to pursue a degree in computing right now
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2. When and why did you buy your first bitcoin?IIRC, it was around 2015. Well, I have always wanted to own my first Bitcoin. I got fractions of it previously by selling my stuff online and trying the various faucets (wasn't that worth my time). A Bitcoin ATM came to my country and it didn't require KYC verification. So I traveled 1 hour to the ATM and purchased my first Bitcoin. I was pretty excited at that time and I actually used my paper wallet for that.
3. How did you get on the forum?I was googling it. Luck has it, was the 4th link after bitcoin.org.
4.1. What prevents mass adoption of cryptocurrencies?Volatility and government regulations. I think the government is the greatest hurdle after it's volatility. The main problem with cryptos in general is that they aren't backed by anything and is a rather novel technology. The general population is probably fairly skeptical about this entire concept, why would they take their time to research about blockchain and stuff right? The volatility obviously doesn't help with the situation, having your net worth getting wiped by 1k in a few seconds is certainly not fun. Government regulations is probably next and it's probably about the difficulty to regulate it and the problem with tax evasion and stuff. Not good for Bitcoin but that's what the government has to prioritize.
4.2. How do you think mass advertising of gambling projects has a positive effect on the development of the forum or harms the community?Well, I don't think there can be a positive effect. It's gambling after all and mathematically the house would always win, combined with the negative stigma associated with it. I see gambling ads all the time and I don't think having them on a forum is necessarily bad, as long as it's not endorsed explicitly.
4.3. How do you consider whether 2-3 years of experience in cryptocurrency is enough to successfully invest or does an investor need to receive special education?It's enough. I don't see Bitcoin as a viable investment though, more like a speculative asset. You just have to accept that the 1k that you've invested in Bitcoin can become 0 in the next second. Once you have that mindset in mind, you're ready to invest.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?I think I was one of the earlier supporters of the merit system and regularly rebuked those who were trying to argue against it. The main thing that is affected by the merit system is the rank and it honestly doesn't matter. Its a forum for discussions and I don't think having a lower rank undermines the message that one is putting across. Signature campaign wise, well it does bring more traffic to the site but I'm not sure how beneficial it is. I do see loads of interesting discussion and the same goes the other way.
6. The most useful forum topic? Most helpful users?I don't have any topics in mind but in terms of a subsection it's probably Development & Technical. I think LoyceV and TryNinja has contributed immensely to the forum, I love the sites that they have created.
7. 3 things you would implement on the forum?2FA, mobile site (it's so annoying to type on my phone) and probably autolocking topics (I really can't wrap my head around some topics which obviously only needs one reply and has 11 pages worth of rubbish)
8. Do you trade on exchanges or invest in projects?Nope. I don't see a point, not an educated trader and I don't have interest in most of the projects (unless they offer something innovative)
9. Tell a story about your big profit or big loss?Biggest profit and loss was when I bought at 8k and sold at 10k.
10. What do you think about the DEFI ecosystem?No opinion. I was pretty busy recently and I haven't had the time to scrutinize it.
11. Is your anonymity a vital necessity or precaution?Necessity. I would prefer those who know my real life identity to keep it a secret for personal reasons.
12. The last cryptocurrency book you read?Mastering Bitcoin. I think it's probably the only book you need to know the inner workings of the system.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?Ethereum and Bitcoin only.
14. How much will Bitcoin cost at the end of 2020?One month away but I sure hope it'll be stable at 20k at least.