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1  Bitcoin / Bitcoin Discussion / Re: In 10 years from now a quantum computer on: July 22, 2019, 04:46:54 AM
Now that's the kind of system I want to play Halo on.   
2  Bitcoin / Bitcoin Discussion / Re: You don't loose if you don't encash on: July 22, 2019, 04:43:00 AM
The original statement isn't always true.  

True, profits or losses aren't realised until you sell, but holding and never selling doesn't guarantee not realising a loss either.  Ask anyone who has held stock (without selling) of any bankrupt company, or even plane tickets of an airline that has gone bankrupt.   Or even in crypto, anyone who HODL'ed any of hundreds of alt coins whose charts have ONLY gone straight down after a small initial climb to sub .000X since their inception.   There comes a point with some assets where you no longer have a choice of selling as the asset in question has already pancaked.   It's like saying you won't crash into the ground if you don't parachute out of the plane first.   

That said, this isn't FUD... I both HODL and trade, but do disagree with the original statement.  
3  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin so valuable just because it was first? on: July 20, 2019, 04:22:58 AM
It's valuable because of CURRENT consensus.  Not just because it was first... ask Kodak or Xerox or the betamax.   It doesn't mean it will always be the most valuable either, just ask Yahoo, Blockbuster, Pan Am, etc...
4  Bitcoin / Bitcoin Discussion / Re: Why don't US gov buy a trillion worth of bitcoin? on: July 18, 2019, 02:47:11 AM
What they can do is corner the mining segment of bitcoin (and all mineable crypto) with gov't owned nuclear and hydroelectric power.   It only takes a few moves by pioneering state level gov't officials to bring that about, it doesn't even have to be on the federal level.
5  Bitcoin / Bitcoin Discussion / Re: Why don't US gov buy a trillion worth of bitcoin? on: July 17, 2019, 03:56:25 AM
They already can't afford social security for its own citizens, I don't think they can afford to go on a shopping spree.
6  Bitcoin / Bitcoin Discussion / Re: How to safely store big amounts of BTC? on: July 16, 2019, 03:17:14 PM
Air gap your devices and don't use them for anything (no email, no texts, chat, etc.... nothing in so there is no malware link possibility) but btc storage.    On the rare occasion that you connect (to move coins in or out), use a VPN.   You should already be using a VPN full time anyway.    
7  Bitcoin / Bitcoin Discussion / Re: USA Government Adopting Crypto? on: July 16, 2019, 03:24:46 AM
Regardless, it's a completely incorrect and misleading use of the word 'adoption.'   It's like saying, there are millions of hungry Africans.   That does not mean we are going to adopt millions of hungry Africans.   It merely means we "acknowledge" that they exist.   
8  Bitcoin / Bitcoin Discussion / Re: USA Government Adopting Crypto? on: July 16, 2019, 02:46:05 AM
Someone needs to look up the word 'adoption' in the dictionary.  It's the same for those folks who don't know how to use the word 'pump.'
9  Bitcoin / Bitcoin Discussion / Re: The true value of your mobile in Bitcoins on: July 14, 2019, 03:38:40 PM
Um, 42?

(Hitchhiker's guide to the galaxy)
10  Bitcoin / Bitcoin Discussion / Re: Simple and undeniable proof that Bitcoin is a scam on: July 14, 2019, 11:09:34 AM
Everyone is entitled to their own opinion.   Look at all the people who think that XRP, BCH, PAX, etc. are the future of crypto.  LOL.
11  Economy / Speculation / Re: Do you like to see Bitcoin prize stable between 10K-20K? on: July 13, 2019, 04:02:10 AM
I would be happier with more stability.   If it's to be viewed as digital gold, then you can't have it's value fluctuating all over the board like this.   Sure, I'd like 5X, 10X, or 100X my current holdings, but what it has done already is a dream come true. 
12  Bitcoin / Bitcoin Discussion / Re: The only safe haven currency is Bitcoin on: July 11, 2019, 07:12:48 AM
It is a wonderful safe haven currency.   But it's important to remember still not to have all of your eggs in the same basket.   
13  Bitcoin / Bitcoin Discussion / Re: Serious question about Bitcoin. Is it a reliable and stable investment? on: July 08, 2019, 02:03:24 PM
Not stable or reliable at present.   It's an ideal investment opportunity (and much less so than 7-8 years ago) if you have no or low debt, have your home paid off, have other investments and other passive income.   It's not good idea if you don't have other non-crypto investments.   
14  Bitcoin / Bitcoin Discussion / Re: What Makes Bitcoin Valuable? on: July 08, 2019, 05:16:54 AM
The market.   The same reason why advocados and BMWs have particular market prices as well.
15  Economy / Speculation / Re: Is 1 Bitcoin equal to half million USD? on: July 08, 2019, 04:00:49 AM
$11,000 is already a dream come true.   No need to be greedy.
16  Bitcoin / Bitcoin Discussion / Re: Peter Schiff "Now all I have to do is HODL and when BTC Moons to 1 million....." on: July 07, 2019, 01:04:32 AM
Best to have a balanced portfolio.   I've been into crypto for 9 years and despite wonderful gains (and way better gains than any other assets I hold), I still advise balance.   Never be all in.   Balance between stocks, fiat (and a wide basket of currency while in fiat), real estate AND crypto.   
17  Bitcoin / Bitcoin Discussion / Re: Cash out after having investment trippled in bitcoin! on: July 04, 2019, 07:51:32 AM
There's always hold AND trade as well.   You don't need to sell everything.     If you believe it will keep going up... put away .X, X, XX, or XXX or more coins that you never touch.   Trade with just whatever number you are comfortable with. 

18  Bitcoin / Bitcoin Discussion / Re: Anything can be bought by Bitcoin? on: July 04, 2019, 06:56:31 AM
As long as you can use it to store value and can readily convert it to fiat, it's all good.    I can't use gold bars or Microsoft share certificates at my local Best Buy either. 
19  Bitcoin / Legal / Re: about exchanges kyc withdraw! on: July 03, 2019, 03:38:35 AM
It seems shady but from the exchange point of view, it's a cost issue.   It's the same thing with real world banks.   They break up KYC into tier levels.   If you're just putting pocket change with them, it's not worth the cost to process your KYC documents apart from basic identity requirements.   It's much more cost effective to KYC (with more in depth requirements) higher net worth customers.  
20  Bitcoin / Bitcoin Discussion / Re: Every time I sell Bitcoin pumps... Has BTC been good or bad for You??? on: July 03, 2019, 03:35:12 AM
It's been very good for me.    The key has been cold storage of coins that I never touch.   It's no different than keeping fiat cash reserves in the bank or holding on to blue chip stocks that you don't touch.    I only sell coins acquired through profit from selling coins in the previous cycle.   
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