1625
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Bitcoin / Bitcoin Discussion / Re: Mt Gox Upcoming release of funds to its creditors vs Btc Price
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on: August 13, 2022, 07:59:26 PM
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I think some people will sell a % of what they get back but I doubt there will be many people selling all of the coins they get returned. These guys have watched bitcoin go from 3 figures to what it is now so I would imagine there will be a lot of smart people willing to HODL for a lot longer because they’ve seen the performance bitcoin has put in over all those years.
Whales could try & use the news to dump the price but I don’t think it’ll be as bad as some predict.
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1628
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Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin so volatile?
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on: August 13, 2022, 07:34:18 PM
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It’s such a young asset so extreme volatility is to be expected. To be honest, volatility is your friend, bitcoin is the hardest money around. When bitcoin is in a large downtrend there aren’t many other investment opportunities so attractive. Volatility in your friend, use it to your advantage.
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1629
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Other / Off-topic / Re: What's your favorite subject in school?
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on: August 13, 2022, 07:31:58 PM
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I didn’t enjoy school too much, I got bored easily & couldn’t concentrate. I got average grades but luckily for me I found bitcoin in 2015 & I made more money than anybody in my school year. I suppose if I had to pick a favourite subject I would say sports or English because I could cruise through that & pass without doing too much studying.
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1630
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Other / Off-topic / Re: A few reflections on online dating
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on: August 10, 2022, 07:23:06 PM
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The mainstream dating sites are probably OK, I’ve never used them but I know people who do/have. I think it’s the way a lot of people meet guys/girls now. It’s a lot easier & less nervy to approach somebody online. Just be aware though, there are a lot of weird people online.
Be safe!
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1633
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Alternate cryptocurrencies / Altcoin Discussion / Re: Knowing Potential projects
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on: August 10, 2022, 06:56:44 PM
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It’s a mine field investing in new, immature projects. You know what happens when you walk through a mine field? Most people get blown up. Some people hit winners but it’s mostly shitcoin roulette. I would advise to DCA into bitcoin & eth & forget about chasing the rainbow.
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1634
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Bitcoin / Bitcoin Discussion / Re: Will you be in favor of Gold or Bitcoin !!
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on: August 08, 2022, 05:16:20 PM
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Gold is useless rock which really can not be used as a mean of exchange. Gold is something that was useful centuries ago, I don’t see any great future for it. The price has barely moved for decades too, pointless waste of time.
Bitcoin on the other hand is the best performing asset of the last decade. Make your decision wisely.
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1635
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Bitcoin / Bitcoin Discussion / Re: Why I Disliked Bitcoin
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on: August 08, 2022, 04:47:13 PM
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You must feel kinda stupid, OP. You really should be incredibly wealthy now it you weren’t so ignorant or risk averse in 2012. I started buying in 2015 because I knew it’d blow up. I don’t think I could live with myself if I stood on the sidelines & did nothing. Hopefully you bought enough in 2019 to have at least some exposure.
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1637
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Bitcoin / Bitcoin Discussion / Re: How do you assess the value of Bitcoin?
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on: August 04, 2022, 08:51:07 PM
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Well if you have even a moderate time preference then there is never a bad time to buy bitcoin. Over time bitcoin always increases in value, it’s a deflationary asset, this is what it was designed to do. If you really want to time it well though then you do the opposite of what the masses do. You sell some when everybody is euphoric & Grandma’s are buying. You buy when everybody is crying & worrying, when mainstream media is saying bitcoin is dead etc.
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1638
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Other / Off-topic / Re: Smoking
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on: August 04, 2022, 07:51:41 PM
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No I don’t smoke & nor should you. I’m not going to be too hard on you if you’re under 30 but if not please stop smoking. Think about your future, your family & your health. Why put yourself in danger of major disease? Look after yourself buddy, please think about it.
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1639
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Other / Off-topic / Re: Bitcoin and Antiviruses
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on: August 04, 2022, 07:45:06 PM
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I uninstalled Mcafee on my laptop & turned Defender on, I’ve never had a problem. I do all recommended updates although I don’t use this particular laptop for anything other than bitcoin (reputable exchanges & Bitcoin Core) so my risk for downloading something nasty is very low.
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