Bitcoin Forum
June 27, 2022, 03:36:23 PM *
News: Latest Bitcoin Core release: 23.0 [Torrent]
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1  Bitcoin / Bitcoin Discussion / Re: Bitcoin can fight inflation? on: June 26, 2022, 02:33:31 PM
Bitcoin will fight inflation to an extent. If you buy bitcoin now & check the price in 20 years your likely profit will be far bigger than the inflation that will take place over that time. Because of COVID & the war in Ukraine the world economy is on its ass, inflation is around 10% but that wonít continue. Once everything settles annual inflation will revert to normal like 4% per annum, maybe 3%.

Money in bitcoin long term will beat inflation.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Which alt-coin do you trust the most? on: June 26, 2022, 02:17:15 PM
I invested in ethereum when it was $700 in 2020 and in 2021 when it was $4000 I sold it. I just  bought again now that the value has reduced. I still trust that it will increase rapidly soon.

Sounds like you know how to play the game dude. Too many people do the total opposite & sell on the way down, buy on the way up. ETH is definitely still a good investment & now is a good time to buy again. You might even get a chance to buy under $1,000 before the next bull run starts.
3  Other / Off-topic / Re: Call of Duty on: June 26, 2022, 02:11:29 PM
I used to play it all the time with my brother when we were younger. Itís one of the most iconic games of the last 10 years. Playing online is the best against RL players. I love talking smack to people when I kill them, I used to always be a pussy & hide away using a sniper rifle. Good times.
4  Bitcoin / Bitcoin Discussion / Re: Are the Miners acting as the biggest whale! on: June 26, 2022, 02:08:19 PM
There are multiple huge mining farms so no, they are most likely not acting in unison as Ďthe biggest whaleí. If they were all dumping coins at the same time in agreement to affect the price you could say it but no. Mining farms have to make money to stay solvent so they are just doing what they have to do to survive.
5  Other / Off-topic / Re: What are you listening to RIGHT NOW? on: June 24, 2022, 02:00:58 PM
Akon - Locked Up
6  Alternate cryptocurrencies / Altcoin Discussion / Re: Power to the people on: June 23, 2022, 08:56:02 PM
The government like the status quo to remain unchanged. They donít want everybody getting rich & having control of their own financial futures. It works for the government if everybody is in debt with loans, mortgages, credit cards. They donít want you to be financially independent. They want you to rely on them, they like to earn huge interest % from money you borrow through them. Now is the time for you to change yours & your families future by taking control back, buy bitcoin & control your own money.
7  Bitcoin / Bitcoin Discussion / Re: How do you feel when the market is downtrend? on: June 23, 2022, 07:34:45 PM
Before I took life changing money out it used to dictate my life. Now I donít really care, I buy cheap coin when it goes down & I cheer when weíre in a bull run. I do not miss the days when a 25% dip made me worry about my future. Donít get me wrong, i have more than enough bitcoin but I will never worry about a crash affecting my future again.

Now is time to buy, everybody else's pain is your opportunity.
8  Other / Off-topic / Re: Is it worth it to take out a mortgage? on: June 23, 2022, 07:24:13 PM
Most people canít afford to buy a house without a mortgage so sure, if you can get a deposit together then getting a mortgage to become a home owner is a great idea. Nobody wants to be paying rent when theyíre old. Sure you get ripped off by the bank & pay stupid rates but you canít be still working, paying rent when youíre old.
9  Other / Off-topic / Re: is there any BEST CRYPTO EXCHANGE IN 2022 on: June 23, 2022, 06:58:13 PM
Coinbase Pro

Theyíre the three most reputable ones in Western countries. They all have a long history of being trusted. Obviously donít leave any substantial amount of crypto on an exchange for any long period of time though, thatís just asking for trouble. Make sure you self custody.
10  Bitcoin / Bitcoin Discussion / Re: Another 5000 Miner BTC Sent To Binance- another dip? on: June 23, 2022, 09:26:14 AM
Weíre in a bear market so this is to be expected. The price is going to be bearish for a couple of years now. Miners canít continue to operate at a loss for long so they have to sell at certain points. Donít worry about it, weíll be back in a new bull market 2 years from now.
11  Other / Off-topic / Re: Bitcoin as a longterm gift on: June 21, 2022, 07:19:46 PM
I think possibly the easiest way to do this is laminated paper wallets. Generate them offline on
Make sure the computer you use to do it is clean. Keep them in a safe or something until the kid is of age & then hand them over, no problems.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Circle Announces Euro Coin (EUROC) on: June 19, 2022, 07:02:38 PM
Iím not too interested in these stablecoins & I donít trust them. We saw what happened when UST lost its peg, the whole crypto market came crashing down so Circle announcing a Euro Coin doesnít fill me with any great hope or bullishness. 
13  Alternate cryptocurrencies / Altcoin Discussion / Re: What coins made you 100x returns in last 6 years ? on: June 16, 2022, 06:57:49 PM
Iíve made a lot of money in bitcoin, I probably made close to 100 x my total investment, from the early days to what I sold in 2021. That might not be possible again from now in our lifetime with bitcoin. Iíll be interested in seeing recommendations of low supply cap shitcoins that could do well ahead of the next bull run though. I am listening Smiley
14  Bitcoin / Bitcoin Discussion / Re: Newbies: Don't panic and learn to hold on: June 16, 2022, 06:43:05 PM
Newbies have to earn their stripes & that only really comes after they experience their first full bear market. Weíve all been through it & it sucks, especially when you have a large % of your net worth in bitcoin. What doesnít kill you makes you stronger though. They will all be better prepared next time if they have the balls to HODL through the next 18 months - 2 years.
15  Other / Off-topic / Re: What are you listening to RIGHT NOW? on: June 16, 2022, 06:31:43 PM
Kid Ink - Main Chick
16  Other / Off-topic / Re: What is the meaning of a family in your life? on: June 15, 2022, 07:55:51 PM
Family is one of the most important things anybody has in their life. You can have all the money & all the success possible but if you donít have a family or at the least, a close group of friends then you will find it hard to live a happy life.

Treat your family well & protect them.
17  Other / Off-topic / Re: Brrrrr on: June 15, 2022, 07:51:02 PM
Iím not scared at all. Iíve been buying all the way down from 35k to where we are now. This is how the smart people make money, buy on the way down & sell some in a bull market.
18  Bitcoin / Bitcoin Discussion / Re: Is crypto winter setting in.. and how long will it last on: June 15, 2022, 07:27:23 PM
Of course crypto is in a bear market. Bitcoin has gone from 69k to 20k, itís nothing unusual though. We have been in this situation before & weíll be in it again. Just stay calm & buy, nobody who panics ever succeeds. This is the time to fill your bags.
19  Other / Off-topic / Re: Top books you have to read on: June 14, 2022, 08:43:01 PM
I like financial literacy books. I read The Bitcoin Standard by Saifedean Ammous, Ph.D right now.

Love that book, have you read his second one, itís equally as good: The Fiat Standard.

Also another good book to read is The Secret by Rhonda Byrne, itís very well known & is a best seller. It really motivates you, give it a try.
20  Bitcoin / Bitcoin Discussion / Re: HODLing strong! on: June 14, 2022, 08:19:23 PM
Now is the time to HODL & even buy if you can. This is the perfect time to add to your stash. The dumb money is selling now, the smart money is buying. Which do you want to be like?
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