Hello.
I want to interview you. I hope for your consent.
Thank you zasad@, I would be honored to be the one being interviewed.
1. When and why did you become interested in cryptocurrencies?
Back in 2013, I wanted to explore how I could tip some uploaders in file sharing sites for the work they do. I found out they accepted bitcoin and wanted to learn more about it.
2. When and why did you buy your first bitcoin?
I never did buy any bitcoin. All I have amassed is from earnings here and there. Obviously it is not my main more of earning, I have a busy day job.
3. How did you get on the forum?
I used to claim from faucets at a time when bitcoin was priced in the 600-700$/BTC mark and ran into some bugs on some sites, so wanted to ask here. You can see I was talking about faucets back here -
https://bitcointalksearch.org/user/theultraelite-8786304.1. What prevents mass adoption of cryptocurrencies?
In the order of importance in my opinion,
1. Public negative view about crypto.
2. Thereby a lack of trust from merchants who could have accepted crypto.
There are several more, but I think these two are the biggest.
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?
Gambling has been considered as a taboo in many communities. But point is that humans are risk taking organisms, they want it and thus there is a demand for it. Gambling projects saw the opportunity to use this method of payment to anonymize their customers money and allow them to gamble at peace.
However this is a still a niche group. The prevalence of land casinos and its patrons is still large and will probably remain side by side for long.
That said, I do not advice anybody to gamble in order to make profit, play for fun not for money. Because you are more likely to lose money than win big.
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?
I think 2-3 years is enough. Besides if the investor has already been grilled in stock markets, commodities etc, they should not have difficulty in coping with this market within 1year of regular watching.
But that does not mean that they will be successful in investing. That depends on many other factors too.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
Merit system - My opinion on merit system after seeing it from the pre-merit era to becoming a Legendary from Hero stuck at 500 merits, is that it was a patching of something that was broken for a long time. It was never possible for the creators of this forum to predict such a influx of spammers but I think theymos did is as a necessity to prevent the problem from getting even bigger. No system is perfect but this one is running well IMO.
Signature campaigns - They can be a good impetus to post regularly and allow lower income strata users to get some money as a side earning. Some threads are spammed pretty much for this which is bad for the forum, so it both a boon and a bane. I believe every user should strive to reduce this as much as possible. The well known managers on the bitcoin signature campaigns have been weeding out such users regularly which is a good thing. I would actually be happy to see a complete stop on the altcoin bounties signature campaigns. Majority of the spammers come from that section, IMO.
6. The most useful forum topic?
Every pinned topic on the forum is important for a newbie.
Most helpful users?
Not going to take any names here. Every user can be helpful and that is what we must all strive to do. Even a newbie can help out another newbie. It costs nothing.
7. 3 things you would implement on the forum?
I think the forum does not need any improvements beyond this, some users might have specific complaints about things that have plagued them but I try to stay away from any drama/politics because I got life outside this forum so I would not raise the same things said by other users about DT, Meta or trolls.
Rather one thing that could help is a mobile/smartphone oriented website for when using the forum on smartphones I find it a bit less ergonomic having to zoom in for reading and then zoom out for clicking anywhere else.
8. Do you trade on exchanges or invest in projects?
Trade but recently I have been more busy so not doing much.
9. Tell a story about your big profit or big loss?
One big profit - I took part in a twitter bounty for a project called BCDiploma (BCDT), back in 2016 and held on to it for these 4 years. Since very few participants were there we all got a nice stash of tokens. Only recently the price touched new highs and I sold half of the stash a couple of months back and made a nice zero investment profit.
One big loss - Another twitter bounty for Viuly (VIU) price had become huge in the 2017 pump but I didnt sell it at that time. Eventually the project has been abandoned/failure in my eyes, so that profit became zero, but could have been a nice dump for me.
10. What do you think about the DEFI ecosystem?
DeFi is not new. It has been there since a longer time than we know and one of the pioneer projects is Bitrefill. Just that some projects have called themselves as DeFi and promoted themselves to create a lot of hype. Essentially they are a copycat of what ICOs have been at one time. I believe them to be the next bubble. I have previously posted in many threads of this forum why DeFi is a copy of many concepts of ICOs. Scammers will always make money, investors need to be careful.
11. Is your anonymity a vital necessity or precaution?
Both and even more than that. In the real world, this username does not exist. Who I am in real life can be your next door neighbor, the guy you see everyday in the train or one who sells you groceries every morning. (I am joking
)
Owning bitcoin of big amounts makes people paranoid but that only hurts their mental health which I try to point out in many users on and off this forum. It is true that you will be targeted if you are average joe with a large volume at hand. Hence it becomes both and more than that.
12. The last cryptocurrency book you read?
I dont read such books.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
Bitcoin only. If you are going to take risks, buy bitcoin. Altcoins will never be first. They all end up the same way.
14. How much will Bitcoin cost at the end of 2020?
I cant say with certainty, but my guess would be something about 10k USD.
15. P.S. (Optional)
1.The points I made are completely my own opinion. These are not financial advice, so dont take them seriously or ask me why something didnt give you profit or so.
2. Invest your money at your own risk.
3. Do not send money to some username on the internet first, use an escrow.
4. Always remember, Scammers are professional liars.
5. P.P.S To all the new members of this forum remember:
Lauda is a ninja cat (
Thanks for reading till the end. Cheers, Ultra out!