BitMaxz (Legendary)
Let's start
1. When and why did you become interested in cryptocurrencies?
"I was interested only in bitcoin before around 2015 because someone told me that it can convert into real money. Until I exchange them for real money that's why I end up believing that this is real money.
I save a lot of satoshis before and found an investment site for Bitcoin and invest all my satoshis but at the end it shutdown that's why I came here on the forum and ask if how to recover my investment from the scam investment site."
2. When and why did you buy your first bitcoin?
"I bought my first Bitcoin I think around 2015 when I was addicted to some gambling casino from this forum."
3. How did you get on the forum?
"Like my answer above I'm looking to someone that can help me recover my Bitcoins from the investment site that's why I came here and learn a lot here."
4.1. What prevents mass adoption of cryptocurrencies?
"I think it's because of many scammers and the anonymity of the Bitcoin.
Other people say about Bitcoin it was a pyramid scheme they let you invest but never make a profit and being scam at the end.
I tried to introduce Bitcoin to my friend but some of them telling me it was a pyramid scheme this might be the reason why it prevents mass adoption."
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 know actually if it has a positive effect or harms the community but since before Bitcoin gambling was advertised here and outside of this forum and some people become interested in bitcoin. So I think mass advertising has a positive effect on both the forum and Bitcoin."
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 they don't need the special education about crypto this forum can help you a lot(They shouldn't be shy to ask)
If you are a newbie in Crypto you must learn first about crypto how it actually works and they should know that crypto price is not stable anytime the price may change.
And honestly, if you know how to trade you can be successful in investing(perfect timing always makes you a profit)"
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
"About the merit system, I think it won't harm the forum instead it helps a lot from spammers and scammers.
About the Signature campaign, I don't think it can harm the forum instead for me, honestly it helps the forum to become an active forum and helps projects and new businesses to spread here on the forum. About SEO for the signature campaign, the business or the project can help a lot to get more visibility on any SERP because of this forum(Our forum has high PA and DA that's why they want to get a link here on the forum)."
6. The most useful forum topic? Most helpful users?
"I don't think which one is a useful forum topic but I would like to add the one topic here that can help newbies
- https://bitcointalksearch.org/topic/guides-on-bitcointalk-index-thread-until-there-is-a-dedicated-subforum-4928968
(I honestly want to add the useful users who have all reviews and guides in their signature related to miner)
I think there are so many helpful users around here I can't decide who is a very helpful user because I'm also another one who help our community with their issues."
7. 3 things you would implement on the forum?
"I can't add anything here on the forum because for me the forum is fine it doesn't need to add anything here. The forum is compatible with any device it's very responsive you can access the forum anytime and any device."
8. Do you trade on exchanges or invest in projects?
"I trade on some exchanges I always lose but right now I can make a profit but not the big amount the price movement right now is different compared before.
Never invested in any projects because I don't see any project right now has potential."
9. Tell a story about your big profit or big loss?
"I don't have a big loss because of this forum but I have a big profit when I joined in claiming rewards from
Raiblocks around 2016 and sold around 2018."
10. What do you think about the DEFI ecosystem?
"I heard this but I don't have idea about this but I think they are focusing on decentralized since it's talking about decentralized for me, it's worth it."
11. Is your anonymity a vital necessity or precaution?
"Anonymity is important that's why we like bitcoin and we here on the forum but the problem almost all exchanges are centralized but there are many people always want to have decentralized exchange without any personal identification. Like me I don't want to give my personal information because everything here are online have risk.
So if it's vital necessity I provide them but it depends if I trust them."
12. The last cryptocurrency book you read?
"I never read any crypto book but mostly I learn a lot here on the forum and some from github related to crypto and mostly for Bitcoin."
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
"No, I don't want to advise altcoin/token if it's related to altcoin except for Bitcoin."
14. How much will Bitcoin cost at the end of 2020?
"I don't know how much will be the price of bitcoin(Unpredictable) but before I believe that the price of bitcoin will reach around $30k. However, these days it's different it is not the same as what happen before after block halving."
15. P.S. (Optional)
"I can't add anything here but thanks for question and I think it can help other forum members about this to have some idea."
Thanks to BitMaxz for the interview!
The end.
Topic: [Interviews] with Bitcointalk members - page 20. (Read 30584 times)
I did not expect that I would get an invitation to answer these questions.
1. When and why did you become interested in cryptocurrencies?
I became interested in cryptocurrency on january 2018 because my brother-in-law told me that you can earn profit if you own crypto yourself and he also told me that there is a forum where I could earn crypto by joining signature campaigns of ICOs.
2. When and why did you buy your first bitcoin?
I can't seem to recall when I bought my first bitcoin since I don't really mind if I did bought bitcoin at all. What I care is I finally have my own bitcoin to store in my wallet.
3. How did you get on the forum?
It is because of my brother-in-law who told me about the forum. I never had any idea that it's not only signature campaigns on ICOs but also providing services and skills you can offer to earn.
4.1. What prevents mass adoption of cryptocurrencies?
Being banned on country and less people using bitcoin or hoarding bitcoin rather than using it or spending your crypto funds.
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?
Mass advertising of gambling projects can cause harm to the forum which will make people to join the campaign that will result in spamming. It could also brings traffic to the forum. If many of those projects are scam then it will not be very easy to find which gambling project to advertise.
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?
In my opinion, you don't really need to have special education just to be able to invest if it's all about a paid specisl education. If it is not or you study it yourself. All you need is to have experience on investing and learn from your mistakes then you'll know when and where to invest based on your experience and what you have learned, also it depends on what kind of investment.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
The Merit System is important which will help lessen people to join campaigns when they don't have enough rank to participate. In my. point of view, signature campaigns can't harm the forum at all, why?. It is the person who join the campaign thay harm the forum with bad posting habits.
6. The most useful forum topic? Most helpful users?
I can't really choose which is the most useful forum topic. Most of the topics created in different boards there are different kind of topic that you can discussed. So, whatever topic that is useful then it's what i'll choose to be the most useful topics instead if topic.
There are many users who are helpful and I can only mention a few.
DdmrDdmr
Tranthidung
LoyceV
CryptopreneurBrainboss
7. 3 things you would implement on the forum?
Dark mode (Which is good when it's night time)
Whatever is best for all and the forum.
8. Do you trade on exchanges or invest in projects?
I did trade on exchanges short term and invest in projects short term as I am not an expert when it comes to investing and trading.
9. Tell a story about your big profit or big loss?
I may call it profit but some may not. I am able to earn around $1k+ when I trade a token. I don't remember the total amount that is loss since i'm not much of a trader or investor.
10. What do you think about the DEFI ecosystem?
I don't have much to say about DEFI. It is indeed a trend but we don't know if it can survived for long term or short term. The y Only time can tell.
11. Is your anonymity a vital necessity or precaution?
My anonymity is either vital necessity or precaution but mostly precaution. We don't know if there will be something bad happen at any time.
12. The last cryptocurrency book you read?
I haven't been able to read cryptocurrency books at all.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
BTC, ETH, MONERO
14. How much will Bitcoin cost at the end of 2020?
I am not an expert at doing technical analysis about price movement. I think the price will increase to $13000+ and if not then it's between $11k and $13k.
15. P.S. (Optional)
No matter what, no matter how hard the challenges it will be, just don't lose hope and think positively. Don't focus on negativity and rather focus on positivity then you can do things that you think you can't do at first. Thanks for inviting me.
1. When and why did you become interested in cryptocurrencies?
I became interested in cryptocurrency on january 2018 because my brother-in-law told me that you can earn profit if you own crypto yourself and he also told me that there is a forum where I could earn crypto by joining signature campaigns of ICOs.
2. When and why did you buy your first bitcoin?
I can't seem to recall when I bought my first bitcoin since I don't really mind if I did bought bitcoin at all. What I care is I finally have my own bitcoin to store in my wallet.
3. How did you get on the forum?
It is because of my brother-in-law who told me about the forum. I never had any idea that it's not only signature campaigns on ICOs but also providing services and skills you can offer to earn.
4.1. What prevents mass adoption of cryptocurrencies?
Being banned on country and less people using bitcoin or hoarding bitcoin rather than using it or spending your crypto funds.
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?
Mass advertising of gambling projects can cause harm to the forum which will make people to join the campaign that will result in spamming. It could also brings traffic to the forum. If many of those projects are scam then it will not be very easy to find which gambling project to advertise.
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?
In my opinion, you don't really need to have special education just to be able to invest if it's all about a paid specisl education. If it is not or you study it yourself. All you need is to have experience on investing and learn from your mistakes then you'll know when and where to invest based on your experience and what you have learned, also it depends on what kind of investment.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
The Merit System is important which will help lessen people to join campaigns when they don't have enough rank to participate. In my. point of view, signature campaigns can't harm the forum at all, why?. It is the person who join the campaign thay harm the forum with bad posting habits.
6. The most useful forum topic? Most helpful users?
I can't really choose which is the most useful forum topic. Most of the topics created in different boards there are different kind of topic that you can discussed. So, whatever topic that is useful then it's what i'll choose to be the most useful topics instead if topic.
There are many users who are helpful and I can only mention a few.
DdmrDdmr
Tranthidung
LoyceV
CryptopreneurBrainboss
7. 3 things you would implement on the forum?
Dark mode (Which is good when it's night time)
Whatever is best for all and the forum.
8. Do you trade on exchanges or invest in projects?
I did trade on exchanges short term and invest in projects short term as I am not an expert when it comes to investing and trading.
9. Tell a story about your big profit or big loss?
I may call it profit but some may not. I am able to earn around $1k+ when I trade a token. I don't remember the total amount that is loss since i'm not much of a trader or investor.
10. What do you think about the DEFI ecosystem?
I don't have much to say about DEFI. It is indeed a trend but we don't know if it can survived for long term or short term. The y Only time can tell.
11. Is your anonymity a vital necessity or precaution?
My anonymity is either vital necessity or precaution but mostly precaution. We don't know if there will be something bad happen at any time.
12. The last cryptocurrency book you read?
I haven't been able to read cryptocurrency books at all.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
BTC, ETH, MONERO
14. How much will Bitcoin cost at the end of 2020?
I am not an expert at doing technical analysis about price movement. I think the price will increase to $13000+ and if not then it's between $11k and $13k.
15. P.S. (Optional)
No matter what, no matter how hard the challenges it will be, just don't lose hope and think positively. Don't focus on negativity and rather focus on positivity then you can do things that you think you can't do at first. Thanks for inviting me.
Hey,
first of all thank you for the invite!
Kindish still a newbie in the forum but finding my way around so Im glad to asked to inerview.
1. When and why did you become interested in cryptocurrencies?
Wow, its been a while. I can remember Bitcoin in the early stages from a german forum called klamm. You could refer members to different sites and I remember hearing bitcoin reading about and at the time collecting the mini amounts at the faucet... (I should have remembered the sites and transfered them to a wallet). I then lost interest and totally forgot about them until they hit about 700-800€ and thats when my Interest peaked again!
2. When and why did you buy your first bitcoin?
I bought my first Bitcoin in 2016-Beginning of 2017. What made me buy it? Good Question, I just had some money leftover that was sitting around in an account unused and saw an opportunity. First kept it a secret because well I didnt want to look bad when it crashes and I lost all my money. Then read up on it, told my friends (which said I will lose my money) and havent looked back. I now keep to myself, read about the tech and just talk about Bitcoin when someone seriously interested asks me about it.
3. How did you get on the forum?
I think it was Google that got me here and then I liked what I saw and got more and more involved. So much knowledge in this forum!
4.1. What prevents mass adoption of cryptocurrencies?
The negative news that is being pushed by the media... The media doesnt highlight the positive sides of crypto but is the first one to bash around when there is negative news to spread. Bitcoin has gone through some falls and these falls always make it to the media and makes a normal person afraid to invest. Then theres news about illegal Dark Web stores using bitcoin and people just think its a dangerous thing to invest in or use in general. The Government is seriously afraid so thats why they arent interested in implementing it.
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?
I dont think it harms the community in general. Gambling sometimes gets associated negatively and makes some people think this forum is not very legit. It does make people aware that there are alternatives to FIAT Gambling and promotes Bitcoin so in those points its a positive effect also.
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?
You can have experience and still be considered stupid. Just use common sense and your brain when investing. If it sounds too good, well then its probably a scam. Inform yourself, read others opinion and listen to your gut.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
No, in fact I think they are a useful. Merits if used the right way can make a user seem more reputable and yes I would trust a user with more merit. Of course not blindly but it sure has a trust factor. As for signature campaigns, hard, yes they promote spam in some way but also make the forum more active.
6. The most useful forum topic? Most helpful users?
Way too many to list, I like browsing the Bitcoin discussion, Trading discussion and Gambling discussion boards. I like looking in the marketplace because there is usually very interesting things being sold.
As for users, too many, the one that made me feel welcome was def. Fillippone.
7. 3 things you would implement on the forum?
I couldnt list 3 things to add honestly. What is missing would be a chat to just have some common small talk with some of the users.
8. Do you trade on exchanges or invest in projects?
I invest in projects, dont want to go into details but I am not a person to trade, I tried and failed. Dont have the patience or knowledge.
9. Tell a story about your big profit or big loss?
Big Profit investing, when the site was relatively small and now has grown bigger and my investment has made a big profit.
As for big loss, trading, wow Im just not good in it. I started trading and I was doing good, thinking to myself "This is easy and I can make some serious coin", but oh my was I wrong. Havent traded since then since I lost too much.
10. What do you think about the DEFI ecosystem?
I don't know much about it, I will make sure to read up about it since it seems to be something big.
11. Is your anonymity a vital necessity or precaution?
I am not a very social person in real life so I keep to myself other than friends and family. Anonymity is important to me, I dont post personal info on the internet but I dont take serious steps to make myself anonymous.
a vital necessity for me.
12. The last cryptocurrency book you read?
I really havent read a paper book regarding crypto. I read online articles, news, wikis and such and thats what I use to build up my knowledge.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
Bitcoin, thats the only Currency I advise.
14. How much will Bitcoin cost at the end of 2020?
Oh no not this question, Im gonna predict 13k.
15. P.S. (Optional)
Thanks for the invite.
first of all thank you for the invite!
Kindish still a newbie in the forum but finding my way around so Im glad to asked to inerview.
1. When and why did you become interested in cryptocurrencies?
Wow, its been a while. I can remember Bitcoin in the early stages from a german forum called klamm. You could refer members to different sites and I remember hearing bitcoin reading about and at the time collecting the mini amounts at the faucet... (I should have remembered the sites and transfered them to a wallet). I then lost interest and totally forgot about them until they hit about 700-800€ and thats when my Interest peaked again!
2. When and why did you buy your first bitcoin?
I bought my first Bitcoin in 2016-Beginning of 2017. What made me buy it? Good Question, I just had some money leftover that was sitting around in an account unused and saw an opportunity. First kept it a secret because well I didnt want to look bad when it crashes and I lost all my money. Then read up on it, told my friends (which said I will lose my money) and havent looked back. I now keep to myself, read about the tech and just talk about Bitcoin when someone seriously interested asks me about it.
3. How did you get on the forum?
I think it was Google that got me here and then I liked what I saw and got more and more involved. So much knowledge in this forum!
4.1. What prevents mass adoption of cryptocurrencies?
The negative news that is being pushed by the media... The media doesnt highlight the positive sides of crypto but is the first one to bash around when there is negative news to spread. Bitcoin has gone through some falls and these falls always make it to the media and makes a normal person afraid to invest. Then theres news about illegal Dark Web stores using bitcoin and people just think its a dangerous thing to invest in or use in general. The Government is seriously afraid so thats why they arent interested in implementing it.
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?
I dont think it harms the community in general. Gambling sometimes gets associated negatively and makes some people think this forum is not very legit. It does make people aware that there are alternatives to FIAT Gambling and promotes Bitcoin so in those points its a positive effect also.
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?
You can have experience and still be considered stupid. Just use common sense and your brain when investing. If it sounds too good, well then its probably a scam. Inform yourself, read others opinion and listen to your gut.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
No, in fact I think they are a useful. Merits if used the right way can make a user seem more reputable and yes I would trust a user with more merit. Of course not blindly but it sure has a trust factor. As for signature campaigns, hard, yes they promote spam in some way but also make the forum more active.
6. The most useful forum topic? Most helpful users?
Way too many to list, I like browsing the Bitcoin discussion, Trading discussion and Gambling discussion boards. I like looking in the marketplace because there is usually very interesting things being sold.
As for users, too many, the one that made me feel welcome was def. Fillippone.
7. 3 things you would implement on the forum?
I couldnt list 3 things to add honestly. What is missing would be a chat to just have some common small talk with some of the users.
8. Do you trade on exchanges or invest in projects?
I invest in projects, dont want to go into details but I am not a person to trade, I tried and failed. Dont have the patience or knowledge.
9. Tell a story about your big profit or big loss?
Big Profit investing, when the site was relatively small and now has grown bigger and my investment has made a big profit.
As for big loss, trading, wow Im just not good in it. I started trading and I was doing good, thinking to myself "This is easy and I can make some serious coin", but oh my was I wrong. Havent traded since then since I lost too much.
10. What do you think about the DEFI ecosystem?
I don't know much about it, I will make sure to read up about it since it seems to be something big.
11. Is your anonymity a vital necessity or precaution?
I am not a very social person in real life so I keep to myself other than friends and family. Anonymity is important to me, I dont post personal info on the internet but I dont take serious steps to make myself anonymous.
a vital necessity for me.
12. The last cryptocurrency book you read?
I really havent read a paper book regarding crypto. I read online articles, news, wikis and such and thats what I use to build up my knowledge.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
Bitcoin, thats the only Currency I advise.
14. How much will Bitcoin cost at the end of 2020?
Oh no not this question, Im gonna predict 13k.
15. P.S. (Optional)
Thanks for the invite.
Today I received a PM from zasad@ and thank him for including me.
Hello.
I want to interview you. I hope for your consent.
Thank you for your kindness. I will try answer your all question.
Questions:
1. When and why did you become interested in cryptocurrencies?
Like most of us, I first heard of Bitcoin in mid-2014. I witnessed conversations about Bitcoin in a local forum online. Frankly, I did not take it too seriously at first sight. I thought it was just another SCAM attempt. Later, I saw Bitcoin being used on an online gambling platform. Technically, my first Bitcoin purchase was here. I deposited USD on the platform and requested some of the money I earned as BTC. My biggest luck and regret starts here actually. If my first BTCs that I had that day were standing now, I could have been among you as a millionaire. When I needed to learn how to store Bitcoin from this point on, my research started. So my interest in cryptocurrencies started.
2. When and why did you buy your first bitcoin?
I think, I already answered in 1st question.
3. How did you get on the forum?
My story of registering to the Forum is quite different. I have visited Bitcointalk frequently during my research on what Bitcoin is. But I was a little late to register. We often shared information about Bitcoin with my friends. It was 2015 when one of my friends told me to sign up for Bitcointalk. Although I cannot be very active from time to time, I have been following the forum regularly for years. I've been around day and night for a long time.
4.1. What prevents mass adoption of cryptocurrencies?
I massively think that cryptocurrency adaptation is not as easy as thought. In some places I am seeing utopias like everyone will be paying with Bitcoin soon.
I don't think this is possible in the next short period of time. I think the biggest obstacle to this is legal regulations.
You know that a great struggle is going on in the world economy. I don't think it is easy for governments to lean towards the use of an asset that is not under their control as "money".
Also, using cryptocurrency requires some technical knowledge. Everyone here may be familiar with that technology, but I think at least half of the world may be far from this technology. We can include people such as the elderly, those who have difficulties in accessing technological equipment.
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?
Some countries have gambling bans, including my country. Considering that the most important elements of the forum are on Bitcoin and decentralization, I think it is correct to have discussions on every subject including gambling.
Advertising is something else entirely. Gambling, social media promotion or anything. Recently, there was someone in the forum asking to pray for him, and if he got rich he promised to distribute money to those who wore a prayer signature.
Gambling is a sector that hosts a large economy in the world. I can't imagine it doesn't exist in this forum. And there is a saying in our country. There is no good or bad advertisement and the advertisement always reaches the relevant person.
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?
Perhaps this is the hardest question. I don't want someone to read my opinion here and influence their decisions. It is necessary to experience some things to learn. I think it is not possible to learn these transactions without getting into the trade business and without damaging them. So it is not easy without trying, experimenting.
I respect the guys who are dealing with technical analysis, but I think your Technical Analysis for crypto assets does not give very healthy results. Because whatever the charts show, any development, partnership announcement or even FUD can affect the price. This causes the graphics to evolve into different formations.
I have been trading in this market for about 4-5 years and still many of my transactions result in losses. So it is not easy to constantly make money. For this reason, I think you need to improve very much for your dreams of getting rich.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
There is a classification all over the world. And every system has aspects that are not right or are missing. This is the merit system in the forum. He brought order, a loyalty system, to the forum. However, there are some not right sides. But is there such a thing as "pure justice" anywhere in the world?
Signature campaings is, in my opinion, an indication of how reputable the forum is. Some companies distribute hundreds of thousands of dollars via bounty. In doing so, they make a payment to the high reputations of the forum. This is a 3-sided gain. Forum, forum members and advertiser. Everyone benefits from this process.
6. The most useful forum topic? Most helpful users?
How can I answer that? The forum is full of useful information. I think there are a lot of forum members who really like to help.
Especially some friends can share their interests by putting their interests on the second plan. I can see useful information in every corner of the forum. However, for "certain reasons" I am mostly active local board now. For this reason, most of the names I will list will only be from the Turkish section.
7. 3 things you would implement on the forum?
I have written articles on this subject many times in the Meta and Reputation section. But I was frivolously criticized by people with our differences of opinion.
Freedom of expression is a very important thing for me. But in every training I have learned, freedom is not and should not be unlimited.
1) It is not considered very important, but the local boards of the forum need to be improved.
2) It is necessary to work for the merit distribution to be more fair & more trustable trust system.
3) Forum management should take a more active role. Freedom of expression should not be confused with insult. In my opinion, someone mocking or disrespecting my national views cannot be described as freedom of expression. Yes, there is such a thing as freedom of expression, but some things such as swearing, insults and ridicule should not be considered within this scope.
8. Do you trade on exchanges or invest in projects?
Of course, I am actively trading on exchanges. But mostly I am using Uniswap lately. I think Uniswap changed our trade vision deeply.
Investment is different subject. But yes, I am investing some new projects also. Even if we can find the right projects, I think it can be more profitable than the old ones.
9. Tell a story about your big profit or big loss?
My biggest gain was in 2017.
All tokens was getting pumped one by one. We believed in NXT! NXT had a hard fork and new coin would be issued after that hard fork.
I made a lot of profit from NXT and its hard fork. Actually I missed some opportunity at the same time.
And loss... It was almost right after it my biggest profit. I joined an ICO. And I invested so much money( ETH was over 1000$). There has never been an exchange listing ever! The remaining tokens turned out to be garbage. Until 3-4 months ago it was in a web-based wallet, I deleted it because I had no hope anymore. I had trouble even remembering his name right now.
You may hear airwire. That was my biggest loss!
10. What do you think about the DEFI ecosystem?
DeFi was actually a very suitable environment for blockchain and cryptocurrency promotion and use. It is obvious that the sector that blockchain best suits is finance. And DeFi is the most important fruit of this.
But unfortunately, as always for cryptocurrency, this is already overrated. I think it would be better if we stayed with Maker DAO.
DEFI has high potential, but I think it's being manipulated as it often is.
11. Is your anonymity a vital necessity or precaution?
It is a very nice privilege to be able to remain anonymous. That's why I like being able to stay anonymous the most. It allows people to express themselves better.
12. The last cryptocurrency book you read?
Actually, I have not much time to read books. I have a very busy working tempo and a social life that I try to maintain. That's why I like to read less binding instead of books.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
Another difficult question. As I said before, I find it dangerous to give ideas about investment.
I can also make a general statement. My investment preference is to focus on projects that have not yet reached their potential and projects with low market cap. About this 3-4 months ago, I posted a post with recommendations for the first time.
https://bitcointalksearch.org/topic/fiyat-yukselii-beklediklerim-gem-maazas-5258997
The list I have given here made a lot of profit compared to that period. (Except one)
14. How much will Bitcoin cost at the end of 2020?
I believe in Bitcoin price have own cycle. And its cycle running for 4 years.
So my expectation this year will follow same progress like 2016 and the next year we may see new ATH for BTC.
End of this year it may reach $15.000-$16.000 but I have no biggest hope for this year.
15. P.S. (Optional)
Actually, there would be a lot I would like to explain by pouring out what's inside in this section. However, in order not to exceed the title purpose of this thread, I am delaying my comments for later expression.
Thank you for reading and giving the opportunity to be here. I hope I was helpful.
Hello.
I want to interview you. I hope for your consent.
Thank you for your kindness. I will try answer your all question.
Questions:
1. When and why did you become interested in cryptocurrencies?
Like most of us, I first heard of Bitcoin in mid-2014. I witnessed conversations about Bitcoin in a local forum online. Frankly, I did not take it too seriously at first sight. I thought it was just another SCAM attempt. Later, I saw Bitcoin being used on an online gambling platform. Technically, my first Bitcoin purchase was here. I deposited USD on the platform and requested some of the money I earned as BTC. My biggest luck and regret starts here actually. If my first BTCs that I had that day were standing now, I could have been among you as a millionaire. When I needed to learn how to store Bitcoin from this point on, my research started. So my interest in cryptocurrencies started.
2. When and why did you buy your first bitcoin?
I think, I already answered in 1st question.
3. How did you get on the forum?
My story of registering to the Forum is quite different. I have visited Bitcointalk frequently during my research on what Bitcoin is. But I was a little late to register. We often shared information about Bitcoin with my friends. It was 2015 when one of my friends told me to sign up for Bitcointalk. Although I cannot be very active from time to time, I have been following the forum regularly for years. I've been around day and night for a long time.
4.1. What prevents mass adoption of cryptocurrencies?
I massively think that cryptocurrency adaptation is not as easy as thought. In some places I am seeing utopias like everyone will be paying with Bitcoin soon.
I don't think this is possible in the next short period of time. I think the biggest obstacle to this is legal regulations.
You know that a great struggle is going on in the world economy. I don't think it is easy for governments to lean towards the use of an asset that is not under their control as "money".
Also, using cryptocurrency requires some technical knowledge. Everyone here may be familiar with that technology, but I think at least half of the world may be far from this technology. We can include people such as the elderly, those who have difficulties in accessing technological equipment.
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?
Some countries have gambling bans, including my country. Considering that the most important elements of the forum are on Bitcoin and decentralization, I think it is correct to have discussions on every subject including gambling.
Advertising is something else entirely. Gambling, social media promotion or anything. Recently, there was someone in the forum asking to pray for him, and if he got rich he promised to distribute money to those who wore a prayer signature.
Gambling is a sector that hosts a large economy in the world. I can't imagine it doesn't exist in this forum. And there is a saying in our country. There is no good or bad advertisement and the advertisement always reaches the relevant person.
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?
Perhaps this is the hardest question. I don't want someone to read my opinion here and influence their decisions. It is necessary to experience some things to learn. I think it is not possible to learn these transactions without getting into the trade business and without damaging them. So it is not easy without trying, experimenting.
I respect the guys who are dealing with technical analysis, but I think your Technical Analysis for crypto assets does not give very healthy results. Because whatever the charts show, any development, partnership announcement or even FUD can affect the price. This causes the graphics to evolve into different formations.
I have been trading in this market for about 4-5 years and still many of my transactions result in losses. So it is not easy to constantly make money. For this reason, I think you need to improve very much for your dreams of getting rich.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
There is a classification all over the world. And every system has aspects that are not right or are missing. This is the merit system in the forum. He brought order, a loyalty system, to the forum. However, there are some not right sides. But is there such a thing as "pure justice" anywhere in the world?
Signature campaings is, in my opinion, an indication of how reputable the forum is. Some companies distribute hundreds of thousands of dollars via bounty. In doing so, they make a payment to the high reputations of the forum. This is a 3-sided gain. Forum, forum members and advertiser. Everyone benefits from this process.
6. The most useful forum topic? Most helpful users?
How can I answer that? The forum is full of useful information. I think there are a lot of forum members who really like to help.
Especially some friends can share their interests by putting their interests on the second plan. I can see useful information in every corner of the forum. However, for "certain reasons" I am mostly active local board now. For this reason, most of the names I will list will only be from the Turkish section.
7. 3 things you would implement on the forum?
I have written articles on this subject many times in the Meta and Reputation section. But I was frivolously criticized by people with our differences of opinion.
Freedom of expression is a very important thing for me. But in every training I have learned, freedom is not and should not be unlimited.
1) It is not considered very important, but the local boards of the forum need to be improved.
2) It is necessary to work for the merit distribution to be more fair & more trustable trust system.
3) Forum management should take a more active role. Freedom of expression should not be confused with insult. In my opinion, someone mocking or disrespecting my national views cannot be described as freedom of expression. Yes, there is such a thing as freedom of expression, but some things such as swearing, insults and ridicule should not be considered within this scope.
8. Do you trade on exchanges or invest in projects?
Of course, I am actively trading on exchanges. But mostly I am using Uniswap lately. I think Uniswap changed our trade vision deeply.
Investment is different subject. But yes, I am investing some new projects also. Even if we can find the right projects, I think it can be more profitable than the old ones.
9. Tell a story about your big profit or big loss?
My biggest gain was in 2017.
All tokens was getting pumped one by one. We believed in NXT! NXT had a hard fork and new coin would be issued after that hard fork.
I made a lot of profit from NXT and its hard fork. Actually I missed some opportunity at the same time.
And loss... It was almost right after it my biggest profit. I joined an ICO. And I invested so much money( ETH was over 1000$). There has never been an exchange listing ever! The remaining tokens turned out to be garbage. Until 3-4 months ago it was in a web-based wallet, I deleted it because I had no hope anymore. I had trouble even remembering his name right now.
You may hear airwire. That was my biggest loss!
10. What do you think about the DEFI ecosystem?
DeFi was actually a very suitable environment for blockchain and cryptocurrency promotion and use. It is obvious that the sector that blockchain best suits is finance. And DeFi is the most important fruit of this.
But unfortunately, as always for cryptocurrency, this is already overrated. I think it would be better if we stayed with Maker DAO.
DEFI has high potential, but I think it's being manipulated as it often is.
11. Is your anonymity a vital necessity or precaution?
It is a very nice privilege to be able to remain anonymous. That's why I like being able to stay anonymous the most. It allows people to express themselves better.
12. The last cryptocurrency book you read?
Actually, I have not much time to read books. I have a very busy working tempo and a social life that I try to maintain. That's why I like to read less binding instead of books.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
Another difficult question. As I said before, I find it dangerous to give ideas about investment.
I can also make a general statement. My investment preference is to focus on projects that have not yet reached their potential and projects with low market cap. About this 3-4 months ago, I posted a post with recommendations for the first time.
https://bitcointalksearch.org/topic/fiyat-yukselii-beklediklerim-gem-maazas-5258997
The list I have given here made a lot of profit compared to that period. (Except one)
14. How much will Bitcoin cost at the end of 2020?
I believe in Bitcoin price have own cycle. And its cycle running for 4 years.
So my expectation this year will follow same progress like 2016 and the next year we may see new ATH for BTC.
End of this year it may reach $15.000-$16.000 but I have no biggest hope for this year.
15. P.S. (Optional)
Actually, there would be a lot I would like to explain by pouring out what's inside in this section. However, in order not to exceed the title purpose of this thread, I am delaying my comments for later expression.
Thank you for reading and giving the opportunity to be here. I hope I was helpful.
Just saw your invitation at my DMs and I am happy to take part!
So, Let's go!
1. When and why did you become interested in cryptocurrencies?
I started being involved in crypto at the mid 2016 when I was a student in the university and trying to find ways to make money with a friend. If I am not mistaken the price of Bitcoin was around $100 but still I was thinking that it was too expensive to buy. Additionally, I was finding very difficult the whole process of buying crypto - now I have changed my mind - and I bought my first Bitcoin at the end of 2017.
2. When and why did you buy your first bitcoin?
I was first fast that I answered that in the previous question!
I bought my first Bitcoin at the end of 2017 after a lot of research on how I can make the whole process from the beginning till the end successfully. It was very hard for me at that time to understand it.
3. How did you get on the forum?
A friend of mine introduced me in the forum. It was that time that we were trying to find work in the crypto space and introduced me the "Services" board. For a lot of period it was the only board that I was reading - noticing closely due tot he fact that I was waiting for a job post that would match my skills and abilities.
4.1. What prevents mass adoption of cryptocurrencies?
In my opinion, mass adoption is prevented by two factors. The first is the volatility of the market which makes people being afraid to buy - get involved in crypto - because they are going to lose their money. The second factor is the whole process of buying bitcoin. It was harder in the past, now we have easy funnels to buy in even like making a purchase from your credit card. The fees are still high however...
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?
The gambling industry is one of the strongest in the cryptocurrency space. Due to the fact that many people feel guilty when gambling in traditional casinos, blockchain has helped a lot in this part of the society making gambling an anonymous activity. The best advertising that I have seen is this one of Sportbet.io which is advertised on the jersey of a football team in one of the most competitive European Leagues.
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?
This actually depends on the kind of investment we are talking about.
There are a lot of risk free investments out there where people are able to invest from the first week of their involvement. If they want to start day trading for example then of course they will need more education to do that.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
I don't think that the forum is harmed by them. Actually, those two are weapons that made the forum well known and used by people.
People are getting incentivized to help others and provide help, thus merit system is a part of spreading knowledge in the crypto community.
6. The most useful forum topic? Most helpful users?
Personally, I like the Bitcoin Discussion Board... As far as the most helpful users, it is hard to say. There are a lot of honorable people - in every board that help and educate others or protect people from getting scammed (i.e. fillippone, Loycev, Marlboroza, suchmoon, OgNasty, etc.)
7. 3 things you would implement on the forum?
Chat room
Way to block users who try to scam - negative trust is not enough for me
Marketplace
8. Do you trade on exchanges or invest in projects?
Yes, I am investing in projects mostly. I used to be trading but they need a lot of time which I do not acquire right now.
9. Tell a story about your big profit or big loss?
It was that time when I first started trading futures. After a lot of days of reading and watching videos I started trading futures.
During the first days I made a significant profit of around 500%. I thought that I am going to make "easy" and "fast" money with futures, but then the day came which I lost all my profit and my initial investment in just two hours because I was emotionally attached to my decisions.
10. What do you think about the DEFI ecosystem?
It is one step ahead to bring adoption but still there is a lot of risk of losing money or getting scammed as scammers have found a new way to steal money.
11. Is your anonymity a vital necessity or precaution?
Anonymity is a necessity for me and for everyone in here, I believe.
It is part of our freedom and a basic characteristic of the cryptocurrency ecosystem.
12. The last cryptocurrency book you read?
I used to read articles on the web and whitepapers of projects.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
Apart from Bitcoin?
ETH, LINK, BNB
14. How much will Bitcoin cost at the end of 2020?
My speculation is that it is going to hit 13k till the end of 2020.
15. P.S. (Optional)
This is my chance to make you a question! How did you choose me among all those reputable members of the forum?
Thank you very much in advance for this interesting interview!
So, Let's go!
1. When and why did you become interested in cryptocurrencies?
I started being involved in crypto at the mid 2016 when I was a student in the university and trying to find ways to make money with a friend. If I am not mistaken the price of Bitcoin was around $100 but still I was thinking that it was too expensive to buy. Additionally, I was finding very difficult the whole process of buying crypto - now I have changed my mind - and I bought my first Bitcoin at the end of 2017.
2. When and why did you buy your first bitcoin?
I was first fast that I answered that in the previous question!
I bought my first Bitcoin at the end of 2017 after a lot of research on how I can make the whole process from the beginning till the end successfully. It was very hard for me at that time to understand it.
3. How did you get on the forum?
A friend of mine introduced me in the forum. It was that time that we were trying to find work in the crypto space and introduced me the "Services" board. For a lot of period it was the only board that I was reading - noticing closely due tot he fact that I was waiting for a job post that would match my skills and abilities.
4.1. What prevents mass adoption of cryptocurrencies?
In my opinion, mass adoption is prevented by two factors. The first is the volatility of the market which makes people being afraid to buy - get involved in crypto - because they are going to lose their money. The second factor is the whole process of buying bitcoin. It was harder in the past, now we have easy funnels to buy in even like making a purchase from your credit card. The fees are still high however...
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?
The gambling industry is one of the strongest in the cryptocurrency space. Due to the fact that many people feel guilty when gambling in traditional casinos, blockchain has helped a lot in this part of the society making gambling an anonymous activity. The best advertising that I have seen is this one of Sportbet.io which is advertised on the jersey of a football team in one of the most competitive European Leagues.
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?
This actually depends on the kind of investment we are talking about.
There are a lot of risk free investments out there where people are able to invest from the first week of their involvement. If they want to start day trading for example then of course they will need more education to do that.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
I don't think that the forum is harmed by them. Actually, those two are weapons that made the forum well known and used by people.
People are getting incentivized to help others and provide help, thus merit system is a part of spreading knowledge in the crypto community.
6. The most useful forum topic? Most helpful users?
Personally, I like the Bitcoin Discussion Board... As far as the most helpful users, it is hard to say. There are a lot of honorable people - in every board that help and educate others or protect people from getting scammed (i.e. fillippone, Loycev, Marlboroza, suchmoon, OgNasty, etc.)
7. 3 things you would implement on the forum?
Chat room
Way to block users who try to scam - negative trust is not enough for me
Marketplace
8. Do you trade on exchanges or invest in projects?
Yes, I am investing in projects mostly. I used to be trading but they need a lot of time which I do not acquire right now.
9. Tell a story about your big profit or big loss?
It was that time when I first started trading futures. After a lot of days of reading and watching videos I started trading futures.
During the first days I made a significant profit of around 500%. I thought that I am going to make "easy" and "fast" money with futures, but then the day came which I lost all my profit and my initial investment in just two hours because I was emotionally attached to my decisions.
10. What do you think about the DEFI ecosystem?
It is one step ahead to bring adoption but still there is a lot of risk of losing money or getting scammed as scammers have found a new way to steal money.
11. Is your anonymity a vital necessity or precaution?
Anonymity is a necessity for me and for everyone in here, I believe.
It is part of our freedom and a basic characteristic of the cryptocurrency ecosystem.
12. The last cryptocurrency book you read?
I used to read articles on the web and whitepapers of projects.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
Apart from Bitcoin?
ETH, LINK, BNB
14. How much will Bitcoin cost at the end of 2020?
My speculation is that it is going to hit 13k till the end of 2020.
15. P.S. (Optional)
This is my chance to make you a question! How did you choose me among all those reputable members of the forum?
Thank you very much in advance for this interesting interview!
I am very happy and honored to get PM from zasad@ as one of the good posters in this forum. I will try to answer all interview
questions well, and I apologize if any grammar is wrong. Because my English skills are not very good.
1. When and why did you become interested in cryptocurrencies?
As I remember in 2015, I started getting to know about cryptocurrency, when I was browsing looking for income from the internet and
accidentally came across an article related to Bitcoin. I am interested in cryptocurrency because of blockchain technology, which in my
opinion is a very good technological breakthrough to use.
2. When and why did you buy your first bitcoin?
I bought my first Bitcoin in 2016, after one year I studied Bitcoin. I buy Bitcoin because the price keeps going up, make me believe the
potential Bitcoin can provide profit.
3. How did you get on the forum?
I know this forum from google, when I was searching a question about Bitcoin, one of the options that came up was this forum.
4.1. What prevents mass adoption of cryptocurrencies?
I think a government that fears that fiat is being replaced by cryptocurrency makes it difficult for governments to accept crypto as payment.
So this is what is preventing the massive adoption of crypto.
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?
Of course mass advertising of gambling projects has a positive effect on this forum and the crypto community. Because this forum is increasingly
visited by people to help promote certain gambling sites, or it could also make it easier to get reliable gambling site information.
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 only took me one year to really understand crypto investment, some even understand crypto investment in a shorter time, around a few weeks.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
To be honest, the merit system that is currently running is quite effective in making this forum more qualified, because it makes the members of
this forum more creative and productive in making posts or topics. Although I have to admit it has become very difficult to get up the rankings nowadays.
6. The most useful forum topic? Most helpful users?
Everyone has their own favorite topic, for me the most useful topics are those in Bitcoin discussion, Trading discussion and Gambling discussion.
7. 3 things you would implement on the forum?
I want to apply 3 things in this forum, namely adding local boards, rewards given to members who have quality posts, the highest activity and
merit every month.And the last thing I want to implement is that the projects team must pay directly for the bounty hunter in Bitcoin, so ensure
bounty hunters get paid well and reduce bounty scams. Especially on the altcoins bounties board, where there are indeed many project scams.
8. Do you trade on exchanges or invest in projects?
I did both, but trade on exchanges was more profitable for me.
9. Tell a story about your big profit or big loss?
I managed to get my biggest profit in the crypto world in 2017-2018 when the crypto world was in its golden age. Then regarding the biggest
loss that I experienced in 2019, but sorry I don't want to tell about it. Because just remembering it makes me pissed off, so I don't want to
remember about the biggest loss I experienced.
10. What do you think about the DEFI ecosystem?
I made a big profit by investing in several DeFi projects, so it's a good thing DeFi projects are a trend these days. But you must be careful in
choosing DeFi projects, because not all DeFi projects are profitable. Do your own research properly, so as not to choose the wrong DeFi
projects for investment.
11. Is your anonymity a vital necessity or precaution?
In the real world I am a person who is not very social, I prefer to spend time with my pets than with friends or family. So anonymity is
a vital necessity for me.
12. The last cryptocurrency book you read?
I have not read many books about cryptocurrency, because I usually get a lot of information about cryptocurrency from watching videos
on the YouTube platform, articles on the internet and from this forum. So there are only two books I've read about cryptocurrency, namely
"Bitoin Billionaires" by Ben Mezrich and "The Age of Cryptocurrency" by Paul Vigna and Michael Casey.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
I have always believed in Bitcoin, Ethereum and Ripple to be good coins for investing in the next 1-2 years.
14. How much will Bitcoin cost at the end of 2020?
My prediction is that Bitcoin could return to $ 12,000 by the end of this year.
15. P.S. (Optional)
Don't ever give up on achieving Legendary rank, because I'm also sure I can reach Legendary rank someday. No matter how long it takes,
as long as we give our best for this forum, we should have achieved our wish to reach Legendary rank. And be grateful for those who have
reached the Legendary rank, because for me reaching the Legendary ranking is the best achievement we can get in this forum.
questions well, and I apologize if any grammar is wrong. Because my English skills are not very good.
1. When and why did you become interested in cryptocurrencies?
As I remember in 2015, I started getting to know about cryptocurrency, when I was browsing looking for income from the internet and
accidentally came across an article related to Bitcoin. I am interested in cryptocurrency because of blockchain technology, which in my
opinion is a very good technological breakthrough to use.
2. When and why did you buy your first bitcoin?
I bought my first Bitcoin in 2016, after one year I studied Bitcoin. I buy Bitcoin because the price keeps going up, make me believe the
potential Bitcoin can provide profit.
3. How did you get on the forum?
I know this forum from google, when I was searching a question about Bitcoin, one of the options that came up was this forum.
4.1. What prevents mass adoption of cryptocurrencies?
I think a government that fears that fiat is being replaced by cryptocurrency makes it difficult for governments to accept crypto as payment.
So this is what is preventing the massive adoption of crypto.
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?
Of course mass advertising of gambling projects has a positive effect on this forum and the crypto community. Because this forum is increasingly
visited by people to help promote certain gambling sites, or it could also make it easier to get reliable gambling site information.
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 only took me one year to really understand crypto investment, some even understand crypto investment in a shorter time, around a few weeks.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
To be honest, the merit system that is currently running is quite effective in making this forum more qualified, because it makes the members of
this forum more creative and productive in making posts or topics. Although I have to admit it has become very difficult to get up the rankings nowadays.
6. The most useful forum topic? Most helpful users?
Everyone has their own favorite topic, for me the most useful topics are those in Bitcoin discussion, Trading discussion and Gambling discussion.
7. 3 things you would implement on the forum?
I want to apply 3 things in this forum, namely adding local boards, rewards given to members who have quality posts, the highest activity and
merit every month.And the last thing I want to implement is that the projects team must pay directly for the bounty hunter in Bitcoin, so ensure
bounty hunters get paid well and reduce bounty scams. Especially on the altcoins bounties board, where there are indeed many project scams.
8. Do you trade on exchanges or invest in projects?
I did both, but trade on exchanges was more profitable for me.
9. Tell a story about your big profit or big loss?
I managed to get my biggest profit in the crypto world in 2017-2018 when the crypto world was in its golden age. Then regarding the biggest
loss that I experienced in 2019, but sorry I don't want to tell about it. Because just remembering it makes me pissed off, so I don't want to
remember about the biggest loss I experienced.
10. What do you think about the DEFI ecosystem?
I made a big profit by investing in several DeFi projects, so it's a good thing DeFi projects are a trend these days. But you must be careful in
choosing DeFi projects, because not all DeFi projects are profitable. Do your own research properly, so as not to choose the wrong DeFi
projects for investment.
11. Is your anonymity a vital necessity or precaution?
In the real world I am a person who is not very social, I prefer to spend time with my pets than with friends or family. So anonymity is
a vital necessity for me.
12. The last cryptocurrency book you read?
I have not read many books about cryptocurrency, because I usually get a lot of information about cryptocurrency from watching videos
on the YouTube platform, articles on the internet and from this forum. So there are only two books I've read about cryptocurrency, namely
"Bitoin Billionaires" by Ben Mezrich and "The Age of Cryptocurrency" by Paul Vigna and Michael Casey.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
I have always believed in Bitcoin, Ethereum and Ripple to be good coins for investing in the next 1-2 years.
14. How much will Bitcoin cost at the end of 2020?
My prediction is that Bitcoin could return to $ 12,000 by the end of this year.
15. P.S. (Optional)
Don't ever give up on achieving Legendary rank, because I'm also sure I can reach Legendary rank someday. No matter how long it takes,
as long as we give our best for this forum, we should have achieved our wish to reach Legendary rank. And be grateful for those who have
reached the Legendary rank, because for me reaching the Legendary ranking is the best achievement we can get in this forum.
1. When and why did you become interested in cryptocurrencies?
Although I had previously researched a bit about Bitcoin and participated in Decred's airdrop, greatest interest arose in early 2017, when Bitcoin hit $1.000 for the first time.
2. When and why did you buy your first Bitcoin?
It was in 2013: surfing the Internet I remember reading about the topic, and although it wasn't easy in my country for the average Joe to buy cryptos, I managed to buy a whole Bitcoin for more or less €50.
3. How did you get on the forum?
It was via search engine almost for sure. I think that I created an account long time ago, in 2013, but I can't remember my credentials. So I created this alter ego in mid-2017, after getting excited on the price action of cryptocurrencies
4.1. What prevents mass adoption of cryptocurrencies?
Time. Cryptos are still very new, even though for many of us who have been wandering here for a few years it is not so obvious. Just a few people are innovators or early adopters of new technologies, so why should it be different with cryptocurrencies? Nobody used Internet the first decade and look at it now, a few decades after.
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?
I don't think it is beneficial nor harmful for the community: you can still gamble outside, even States have National Lotteries. As long as the gambler has the legal age and has no psychological/psychiatric problems it seems to be a neutral practise.
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 common sense is crucial and, unfortunately, I think there is a lack of it in general and many people fall in obvious scams or invest more than they can afford to lose. As long as the projects are legit, I think that the success in an investment has more to do with timing (buying just before or at the beginning of a bull run or FOMO) than with the projects themselves.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
I don't really love the current Merit system, as now it is much harder to rank up in the forum: I preferred the older system, based on posts and time, but I understand that it was being abused and some actions had to be taken. Signature campaigns, on the other hand, are a great way to me for gaining visibility on interesting projects. I don't think any of these things harm the forum.
6. The most useful forum topic? Most helpful users?
Most useful topic: https://bitcointalksearch.org/topic/onion-privacy-coin-with-real-use-cases-deeponion-222-released-2683530
Most helpful users:
DdmrDdmr
LUCKMCFLY
CryptopreneurBrainboss
Sylon
Wapinter
Deeperx
Many others, but I'm afraid I can't name everyone.
7. 3 things you would implement on the forum?
Tor integration
Exchange and/or Marketplace
Chat
8. Do you trade on exchanges or invest in projects?
I hardly ever trade, I consider myself more of a strong handed hodler.
9. Tell a story about your big profit or big loss?
There is one story that I have told a couple of times and I stopped telling it as I understand that it is hard to believe, but in fact it's true and a few members in this forum were witnesses: Once I got paid by mistake more than $100K in crypto from a project I provided some bounty services and I gave them back. As there are many opportunities in the crypto-world, if I ever get the desired financial freedom, I want it to be for a good reason, for a story that I would be happy or proud of, and not for someone's painful mistake.
10. What do you think about the DEFI ecosystem?
total mystery to me the idea of ICOs seduced me back in 2017, but buying tokens with the name of food is not appealing to me (unless it is ONION). As a funny coin we already have DOGE, I don't think we need SUSHI or HOTDOG anymore.
11. Is your anonymity a vital necessity or precaution?
I'm quite introverted in real life, so I feel comfortable in the skin of an alter. But the real reason for anonymity in my case is that when I started reading this forum, I remember a thread on this topic and some members regretted being public, as they made good money and everybody knew their identities, and if they could go back in time they would have decided to be anonymous. Thanks to their experience and wisdom on the topic, I followed their advise.
12. The last cryptocurrency book you read?
Not concretely about cryptos, but during the lockdown I read Taleb's "Black Swan" (could you imagine a better moment to read it than during a Pandemic?), and as long as it talks about trading, probability, hope etc. I couldn't stop thinking on similes with cryptos.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
I take Bitcoin for granted, so the ones I would choose apart from the King, from lesser risk to higher potential and higher risk would be:
- Ethereum (ETH)
- ICON (ICX)
- DeepOnion (ONION)
14. How much will Bitcoin cost at the end of 2020?
I forgot my crystal ball in the caravan so I will fail for sure, but what about 9K? Some sideways before a clear bull run in 2021 wouldn't hurt as we have waited long time already.
15. P.S.
Thanks for interviewing me. I don't know how was I chosen among so many thousands of members in this forum, many of them with much more to say than me, but thanks for reading
Although I had previously researched a bit about Bitcoin and participated in Decred's airdrop, greatest interest arose in early 2017, when Bitcoin hit $1.000 for the first time.
2. When and why did you buy your first Bitcoin?
It was in 2013: surfing the Internet I remember reading about the topic, and although it wasn't easy in my country for the average Joe to buy cryptos, I managed to buy a whole Bitcoin for more or less €50.
3. How did you get on the forum?
It was via search engine almost for sure. I think that I created an account long time ago, in 2013, but I can't remember my credentials. So I created this alter ego in mid-2017, after getting excited on the price action of cryptocurrencies
4.1. What prevents mass adoption of cryptocurrencies?
Time. Cryptos are still very new, even though for many of us who have been wandering here for a few years it is not so obvious. Just a few people are innovators or early adopters of new technologies, so why should it be different with cryptocurrencies? Nobody used Internet the first decade and look at it now, a few decades after.
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?
I don't think it is beneficial nor harmful for the community: you can still gamble outside, even States have National Lotteries. As long as the gambler has the legal age and has no psychological/psychiatric problems it seems to be a neutral practise.
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 common sense is crucial and, unfortunately, I think there is a lack of it in general and many people fall in obvious scams or invest more than they can afford to lose. As long as the projects are legit, I think that the success in an investment has more to do with timing (buying just before or at the beginning of a bull run or FOMO) than with the projects themselves.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
I don't really love the current Merit system, as now it is much harder to rank up in the forum: I preferred the older system, based on posts and time, but I understand that it was being abused and some actions had to be taken. Signature campaigns, on the other hand, are a great way to me for gaining visibility on interesting projects. I don't think any of these things harm the forum.
6. The most useful forum topic? Most helpful users?
Most useful topic: https://bitcointalksearch.org/topic/onion-privacy-coin-with-real-use-cases-deeponion-222-released-2683530
Most helpful users:
DdmrDdmr
LUCKMCFLY
CryptopreneurBrainboss
Sylon
Wapinter
Deeperx
Many others, but I'm afraid I can't name everyone.
7. 3 things you would implement on the forum?
Tor integration
Exchange and/or Marketplace
Chat
8. Do you trade on exchanges or invest in projects?
I hardly ever trade, I consider myself more of a strong handed hodler.
9. Tell a story about your big profit or big loss?
There is one story that I have told a couple of times and I stopped telling it as I understand that it is hard to believe, but in fact it's true and a few members in this forum were witnesses: Once I got paid by mistake more than $100K in crypto from a project I provided some bounty services and I gave them back. As there are many opportunities in the crypto-world, if I ever get the desired financial freedom, I want it to be for a good reason, for a story that I would be happy or proud of, and not for someone's painful mistake.
10. What do you think about the DEFI ecosystem?
total mystery to me the idea of ICOs seduced me back in 2017, but buying tokens with the name of food is not appealing to me (unless it is ONION). As a funny coin we already have DOGE, I don't think we need SUSHI or HOTDOG anymore.11. Is your anonymity a vital necessity or precaution?
I'm quite introverted in real life, so I feel comfortable in the skin of an alter. But the real reason for anonymity in my case is that when I started reading this forum, I remember a thread on this topic and some members regretted being public, as they made good money and everybody knew their identities, and if they could go back in time they would have decided to be anonymous. Thanks to their experience and wisdom on the topic, I followed their advise.
12. The last cryptocurrency book you read?
Not concretely about cryptos, but during the lockdown I read Taleb's "Black Swan" (could you imagine a better moment to read it than during a Pandemic?), and as long as it talks about trading, probability, hope etc. I couldn't stop thinking on similes with cryptos.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
I take Bitcoin for granted, so the ones I would choose apart from the King, from lesser risk to higher potential and higher risk would be:
- Ethereum (ETH)
- ICON (ICX)
- DeepOnion (ONION)
14. How much will Bitcoin cost at the end of 2020?
I forgot my crystal ball in the caravan so I will fail for sure, but what about 9K? Some sideways before a clear bull run in 2021 wouldn't hurt as we have waited long time already.
15. P.S.
Thanks for interviewing me. I don't know how was I chosen among so many thousands of members in this forum, many of them with much more to say than me, but thanks for reading
Thanks to everyone who took part in the interview and those who are going to do it.
I don't have enough merit to reward everyone. Whoever has the opportunity, support the participants.
I don't have enough merit to reward everyone. Whoever has the opportunity, support the participants.
Thanks for this opportunity Bitcointalk and it's very nice initiative@Zasad and it's my pleasure to feature in this interview.
Anyone who has tested bounty campagnes and after all the work done wasn't paid for their effort certainly turn towards signature and avatar campaign and are often been stock by the merit system. This in turn creates in the users the need to be good posters and as well provides the forum an opportunity for a reorientation which is rather advantageous to the forum if they are able to learn.
Newbies - Read before posting
LoyceV's biginners correct use of the trust system
- Most helpful users
* DdmrDdmr
* OgNast
* LoyceV
* Fillippone
* Suchroom
* Royse777
- Yes and I hope it stays that way. You might not know what it saves you from until you become public so, I just like it this way.
- I'm yet to read any, I explore articles on the web and people's experience for my lessons.
- BTC
- ETH
1. When and why did you become interested in cryptocurrencies?
- I have this senior student back in my junior high school days, he was known for his excellence in academic performance and happens to have been almost everyone's role model, at least he was mine. He continued in his path of excellence upto high school and I kept trail on him through Facebook. At some point in course of his carrier, he began advocating for Bitcoin and cryptocurrency, writing articles regularly on them, that was 2016 through 2018. I never really knew what it was but, choose to read from what he then seemed passionate about and motivated most of his readers to invest in. I never saw it as some sort of article campaign as it now seems to me but then, it caught my interest in late 2018, I did my research on Bitcoin and found it to be a valuable web currency that could be sent or spent almost anywhere in the world and as well converted to fiat using certain interface. I also noted that, the price is often appreciating and as such, stocking it over time is an added advantage. Sadly I had not enough spare cash at then so, I wasn't able to invest. In time, I later met few friends who happened to own a few coins, they introduced me to bitcointalkforum in 2019 but, the rules scared me as first with the series of ban penalties for almost the slightest fault. I later devoted myself to reading a few contents and opened an account October last year. Taking things rather slowly and now, I've got the hang on it and it's cool. 2. When and why did you buy your first bitcoin?
- I bought my first Bitcoin in that first Bitcoin in 2019. It was just a few dollars worth and as such, I learnt of trading and went on a goose chase in a bid to increase it through trading. Unfortunately I lost it all in one swipe.3. How did you get on the forum?
- I knew the forum from a friend but, failed to open an account untill much later when I was researching on Bitcoin, I stumbled upon it on Google and created this account.4.1. What prevents mass adoption of cryptocurrencies?
- Looking from the world I come from, technology remains a imported part of our lifestyle and a growing field hence, most persons are yet to get the hang of it, government agencies seem to be very much against it and it's been stigmatized as a way in which scammers perpetuate crime and still escape security operatives.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?
- with the mass rate of gambling platforms in our world today and the possibility of gambling being done peacefully by a single act of digitalizing the gambling system, it becomes an added advantage to keep forum users in the forum by providing what they deem necessary to enable them earn a few bucks and also, it encourages users to stay active in the forum.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?
- Well, I guess it's going to be persons specific on this as some persons are quick to understanding a concept more better than others but on a general, after 2-3 years of experience, a user should be better experienced on how Bitcoin works5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
- Merits are surely a way to rank up as well as it discourages spammers from spreading spam messages in the forum with a need to grow in rank having at the back of their minds that, quality posts are rewarding.Anyone who has tested bounty campagnes and after all the work done wasn't paid for their effort certainly turn towards signature and avatar campaign and are often been stock by the merit system. This in turn creates in the users the need to be good posters and as well provides the forum an opportunity for a reorientation which is rather advantageous to the forum if they are able to learn.
6. The most useful forum topic? Most helpful users?
- Most useful topicsNewbies - Read before posting
LoyceV's biginners correct use of the trust system
- Most helpful users
* DdmrDdmr
* OgNast
* LoyceV
* Fillippone
* Suchroom
* Royse777
7. 3 things you would implement on the forum?
- The forum is okay as it is but should there be a need for improvement and it should come from my side, I won't hesitate to provide my solution and add meaning to the forum.8. Do you trade on exchanges or invest in projects?
- Trading yes, I'm passionate about trading though, I'm yet to perfect my knowledge of the market. As per investing in projects, I haven't done that yet.9. Tell a story about your big profit or big loss?
- I won't say I have experienced any huge lost yet as I've been applying caution after losing my very first Bitcoin to trading.10. What do you think about the DEFI ecosystem?
- I don't really know much about it especially with the fact that it's a work in progress but, it's surely creating a lot of awareness in the cryptosphere.11. Is your anonymity a vital necessity or precaution?
- Yes and I hope it stays that way. You might not know what it saves you from until you become public so, I just like it this way.
12. The last cryptocurrency book you read?
- I'm yet to read any, I explore articles on the web and people's experience for my lessons.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
- BTC- BTC
- ETH
14. How much will Bitcoin cost at the end of 2020?
- $14,000 - $15,00015. P.S. (Optional)
- I'll like to say a big thank you and encourage Bitcoin enthusiast to protect that which we have with jealousy against all who might seek to destroy our beloveth forum. 
1. When and why did you become interested in cryptocurrencies?
First heard about Bitcoin in 2011, when Wikileaks started accepting it. But I wasn't much interested then. I became interested towards the end of 2013, but back then it was difficult to purchase Bitcoins in India. I got my first mBTCs in 2017, after I joined this forum.
2. When and why did you buy your first bitcoin?
February 2017, through Localbitcoins India.
3. How did you get on the forum?
One friend recommended me this forum. He encouraged me, saying that it is possible to earn Bitcoins through various campaigns and give-aways.
4.1. What prevents mass adoption of cryptocurrencies?
We had a perfect opportunity in 2017, which was wasted. Back then, the media coverage was mostly positive. But a few scammers made use of the media hype and made money by cheating unsuspecting users. As a result, the media coverage once again became negative. Also, there are a few other issues, such as high transaction fee and lack of legality in countries such as India.
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 is not a banned activity. There are casinos all around the world. So I don't believe that advertising online gambling (as long as it is legal) has a negative impact on the community.
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 have seen users with less than 6 months of experience who have a great deal of knowledge regarding cryptocurrencies. At the same time, I have also seen experienced users falling victim to the scams. So I would not use experience as the only parameter here.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
Merit system has helped to improve the quality of the posts. Earlier anyone could become a Hero Member or a Legendary member. That situation has changed now.
Also, I don't think that signature campaigns are having any negative impact on the forum. If cryptocurrency-related projects are not being allowed to advertise here, where they will go?
6. The most useful forum topic? Most helpful users?
I am someone who gambles a lot, especially with sports (cricket mainly). So I find the cricket gambling related threads in the "Gambling discussion" sub-forum very useful. And the users whom I find most helpful are JSRAW and Royse777.
7. 3 things you would implement on the forum?
a. More restrictions on who can post a thread in the Altcoin Bounties sub-forum
b. A strict rule that only those who do fraud or cheating receive negative trust from DT members
c. Freedom of speech (as long as it is legal)
8. Do you trade on exchanges or invest in projects?
Back in 2017, I invested in a few, but ended up with loses. Since then I have stayed away from investing.
9. Tell a story about your big profit or big loss?
I joined quite late (in 2017), so I never received 100x or 200x profits from any projects. But that said, when I first purchased BTC, it was trading at $900 per coin. The current price is $11,400.
10. What do you think about the DEFI ecosystem?
I believe that it is over-rated. They are creating the hype, even before it is being implemented in a big way. I don't want DeFi to end up like ICO or IEO bubbles.
11. Is your anonymity a vital necessity or precaution?
Yes, considering the lack of legality for Bitcoin in my country.
12. The last cryptocurrency book you read?
Never read any.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
Apart from Bitcoin, I would prefer these three: a. Cardano b. Litecoin c. BNB
14. How much will Bitcoin cost at the end of 2020?
I don't expect much change from the current level. May be around 12K.
First heard about Bitcoin in 2011, when Wikileaks started accepting it. But I wasn't much interested then. I became interested towards the end of 2013, but back then it was difficult to purchase Bitcoins in India. I got my first mBTCs in 2017, after I joined this forum.
2. When and why did you buy your first bitcoin?
February 2017, through Localbitcoins India.
3. How did you get on the forum?
One friend recommended me this forum. He encouraged me, saying that it is possible to earn Bitcoins through various campaigns and give-aways.
4.1. What prevents mass adoption of cryptocurrencies?
We had a perfect opportunity in 2017, which was wasted. Back then, the media coverage was mostly positive. But a few scammers made use of the media hype and made money by cheating unsuspecting users. As a result, the media coverage once again became negative. Also, there are a few other issues, such as high transaction fee and lack of legality in countries such as India.
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 is not a banned activity. There are casinos all around the world. So I don't believe that advertising online gambling (as long as it is legal) has a negative impact on the community.
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 have seen users with less than 6 months of experience who have a great deal of knowledge regarding cryptocurrencies. At the same time, I have also seen experienced users falling victim to the scams. So I would not use experience as the only parameter here.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
Merit system has helped to improve the quality of the posts. Earlier anyone could become a Hero Member or a Legendary member. That situation has changed now.
Also, I don't think that signature campaigns are having any negative impact on the forum. If cryptocurrency-related projects are not being allowed to advertise here, where they will go?
6. The most useful forum topic? Most helpful users?
I am someone who gambles a lot, especially with sports (cricket mainly). So I find the cricket gambling related threads in the "Gambling discussion" sub-forum very useful. And the users whom I find most helpful are JSRAW and Royse777.
7. 3 things you would implement on the forum?
a. More restrictions on who can post a thread in the Altcoin Bounties sub-forum
b. A strict rule that only those who do fraud or cheating receive negative trust from DT members
c. Freedom of speech (as long as it is legal)
8. Do you trade on exchanges or invest in projects?
Back in 2017, I invested in a few, but ended up with loses. Since then I have stayed away from investing.
9. Tell a story about your big profit or big loss?
I joined quite late (in 2017), so I never received 100x or 200x profits from any projects. But that said, when I first purchased BTC, it was trading at $900 per coin. The current price is $11,400.
10. What do you think about the DEFI ecosystem?
I believe that it is over-rated. They are creating the hype, even before it is being implemented in a big way. I don't want DeFi to end up like ICO or IEO bubbles.
11. Is your anonymity a vital necessity or precaution?
Yes, considering the lack of legality for Bitcoin in my country.
12. The last cryptocurrency book you read?
Never read any.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
Apart from Bitcoin, I would prefer these three: a. Cardano b. Litecoin c. BNB
14. How much will Bitcoin cost at the end of 2020?
I don't expect much change from the current level. May be around 12K.
Interesting. Why not?
Thanks for the invite.
1. When and why did you become interested in cryptocurrencies?
I think it was around 2014 when I first started playing CS:GO, a FPS tatical game, which had a big market for their cosmetic items (called skins) ranging from $10 to $30k per skin/knife. I started loving the game and while I played through the week, I also started to follow the competitive scenario. And of course, whenever there is a competition, there is also gambling. So, besides watching the games, I also started betting to get some of those juicy expensive skins, and I was sogood lucky that I managed to turn $20 in ~$350 after just 1 month. The gambling website I used had this "Bitcoin" payment method which had no withdrawal fees, so I searched for it and downloaded my first wallet. It was cheap, fast and fun to use. I enjoyed acumulating sats on faucets and other websites, not because of the cents money I made, but because I liked to see my balance growing up.
2. When and why did you buy your first bitcoin?
I think it was around 2016, when I recalled about BTC for some reason (I had stopped messing with it for some other reason). I bought very little just to mess around since I already saw it as some magical money, which is quite fun to use.
3. How did you get on the forum?
I don't remember (). I'll probably have to say Google as well.
4.1. What prevents mass adoption of cryptocurrencies?
IMO, the risk. People are used to having their money insured by the governments and BTC just goes up and down too much. They can't bother to lose what they have and they don't understand the technology, so for them is all about gambling to make more dollars.
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?
My answer would probably be "whatever". IMO, that's just like any other type of advertising. And people who gamble because of those ads would probably just do it sooner or later anyway.
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 depends. Are you here for the technology? Do you want to learn "Technical Analysis" to trade according to the charts? Do you just want to buy BTC and pray for the best? Or maybe you want to bet on shitcoins, ICOs, DeFis or whatever is the hyped money-grabbing scheme of the moment?
I'm not sure how long it would take for the new people to learn how to not lose all their money since I'm here since the beginning (or almost) and everything happened in front of my eyes. Maybe people need to learn what kind of scams there is, what was the ICO-mania, what are ponzis, what hapened with 99% of the shitcoins the past years, etc... basically, what happened in the past, so they don't fall for the tricks some people fell before.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
Yes, we should ban everyone using a paid signature. The merit system is the best thing that has been added to the forum. Simple as that. I know people say this all the time, but the signatures themselves aren't really the problem. Instead of banning the signatures, ban the spammers and the managers who allow them to make money with their spam. Regulations > banning.
6. The most useful forum topic? Most helpful users?
Ninjastic.space - BitcoinTalk Post/Address archive + API
[TELEGRAM] Yet Another BitcoinTalk Notification BOT (merits, mentions, topics,+)
Narcissist too much? 
Sorry, but I'm really proud of my two projects. Other than that, Loyce's website and BPIP w/ Vod, suchmoon and ibminer. Also, a special shoutout to cryptobaboon, which is one of my favorite members of the Portuguese board.
7. 3 things you would implement on the forum?
Native dark mode because I can't live without it.
Maybe some kind of tipping through the LN would be fun.
Some kind of 'agree/like' button which holds less weight than a merit.
8. Do you trade on exchanges or invest in projects?
I usually don't. I basically only hodl BTC. The market is saturated and I don't have time to search for the very small amount of real and worthy projects. I don't bet or hodl any shitcoin and don't risk my coins with any ICO or DeFi hyped project. The only coin/project I trust enough with some my coins nowadays is a company that lends my BTC/USDC and gives me some passive interest.
9. Tell a story about your big profit or big loss?
I lost more by missing opportunities than actually losing money. I didn't claim some WAVES I won which were worth a few BTCs, I didn't confirm my entry to a famous airdrop (one of the firsts) which was worth a few thousands, I sold some ETH when it was ~$10, and of course, I sold some BTC when it was cheap. My biggest profit (or quickiest/laziest) was the last Uniswap airdrop. I had ever only used it to buy a token and suddenly I woke up with someone saying I could get $2k by just dumping it on the market, so that's what I did.
10. What do you think about the DEFI ecosystem?
Sounds like the ICO ecosystem in 2017. There are good projects, but the majority only wants to ride the hype for some quick free cash. The moment someone creates a token called "SUSHI", and then just a few weeks later there is "HOTDOG", "PIZZA" and whatever, then you know something is wrong.
11. Is your anonymity a vital necessity or precaution?
I do what I can do preserve my anonymity and I don't go around posting my personal info. But I usually don't take major precautions. If the best detective in the world really wanted to, and really knew where to look at, he could probably find a lot of stuff about me just by looking at what I've posted in the forum. I deleted my FB though, so not that easy now.
12. The last cryptocurrency book you read?
Unfortunately, I've only read Mastering Bitcoin by Andreas Antonopoulos, and I haven't even finished it yet. Thanks for reminding me about it.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
Bitcoin, Bitcoin and maybe CEL. But the latter isn't financial advice. If you lose your house, that's on you.
14. How much will Bitcoin cost at the end of 2020?
Being reasonable, the first price that comes to my mind is ~$15k. But, AFAIK, it could also be $10 or $300k, so...
Thanks for the invite.
1. When and why did you become interested in cryptocurrencies?
I think it was around 2014 when I first started playing CS:GO, a FPS tatical game, which had a big market for their cosmetic items (called skins) ranging from $10 to $30k per skin/knife. I started loving the game and while I played through the week, I also started to follow the competitive scenario. And of course, whenever there is a competition, there is also gambling. So, besides watching the games, I also started betting to get some of those juicy expensive skins, and I was so
2. When and why did you buy your first bitcoin?
I think it was around 2016, when I recalled about BTC for some reason (I had stopped messing with it for some other reason). I bought very little just to mess around since I already saw it as some magical money, which is quite fun to use.
3. How did you get on the forum?
I don't remember (
). I'll probably have to say Google as well.4.1. What prevents mass adoption of cryptocurrencies?
IMO, the risk. People are used to having their money insured by the governments and BTC just goes up and down too much. They can't bother to lose what they have and they don't understand the technology, so for them is all about gambling to make more dollars.
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?
My answer would probably be "whatever". IMO, that's just like any other type of advertising. And people who gamble because of those ads would probably just do it sooner or later anyway.
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 depends. Are you here for the technology? Do you want to learn "Technical Analysis" to trade according to the charts? Do you just want to buy BTC and pray for the best? Or maybe you want to bet on shitcoins, ICOs, DeFis or whatever is the hyped money-grabbing scheme of the moment?
I'm not sure how long it would take for the new people to learn how to not lose all their money since I'm here since the beginning (or almost) and everything happened in front of my eyes. Maybe people need to learn what kind of scams there is, what was the ICO-mania, what are ponzis, what hapened with 99% of the shitcoins the past years, etc... basically, what happened in the past, so they don't fall for the tricks some people fell before.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
6. The most useful forum topic? Most helpful users?
Ninjastic.space - BitcoinTalk Post/Address archive + API
[TELEGRAM] Yet Another BitcoinTalk Notification BOT (merits, mentions, topics,+)
Sorry, but I'm really proud of my two projects. Other than that, Loyce's website and BPIP w/ Vod, suchmoon and ibminer. Also, a special shoutout to cryptobaboon, which is one of my favorite members of the Portuguese board.7. 3 things you would implement on the forum?
Native dark mode because I can't live without it.
Maybe some kind of tipping through the LN would be fun.
Some kind of 'agree/like' button which holds less weight than a merit.
8. Do you trade on exchanges or invest in projects?
I usually don't. I basically only hodl BTC. The market is saturated and I don't have time to search for the very small amount of real and worthy projects. I don't bet or hodl any shitcoin and don't risk my coins with any ICO or DeFi hyped project. The only coin/project I trust enough with some my coins nowadays is a company that lends my BTC/USDC and gives me some passive interest.
9. Tell a story about your big profit or big loss?
I lost more by missing opportunities than actually losing money. I didn't claim some WAVES I won which were worth a few BTCs, I didn't confirm my entry to a famous airdrop (one of the firsts) which was worth a few thousands, I sold some ETH when it was ~$10, and of course, I sold some BTC when it was cheap. My biggest profit (or quickiest/laziest) was the last Uniswap airdrop. I had ever only used it to buy a token and suddenly I woke up with someone saying I could get $2k by just dumping it on the market, so that's what I did.
10. What do you think about the DEFI ecosystem?
Sounds like the ICO ecosystem in 2017. There are good projects, but the majority only wants to ride the hype for some quick free cash. The moment someone creates a token called "SUSHI", and then just a few weeks later there is "HOTDOG", "PIZZA" and whatever, then you know something is wrong.
11. Is your anonymity a vital necessity or precaution?
I do what I can do preserve my anonymity and I don't go around posting my personal info. But I usually don't take major precautions. If the best detective in the world really wanted to, and really knew where to look at, he could probably find a lot of stuff about me just by looking at what I've posted in the forum. I deleted my FB though, so not that easy now.
12. The last cryptocurrency book you read?
Unfortunately, I've only read Mastering Bitcoin by Andreas Antonopoulos, and I haven't even finished it yet. Thanks for reminding me about it.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
Bitcoin, Bitcoin and maybe CEL. But the latter isn't financial advice. If you lose your house, that's on you.
14. How much will Bitcoin cost at the end of 2020?
Being reasonable, the first price that comes to my mind is ~$15k. But, AFAIK, it could also be $10 or $300k, so...
Thanks for the questions in PM, trying to make it short to not bother people.
End of 2013. MTGox was my very first bitcoin wallet.
I used a large make money online forum where dudes were often talking about Bitcoin. I refused to pay attention to it. I even thought it was a currency for video games like Second Life, and since I don't play that....
In a conversation, I explained how I struggle to find an advertising platform for my website. A friend suggested me A-ads.com. This is how I got my very first transactions, I didn't know what to do with it yet but they were paying me very well so I tought I will think about it later. Sometimes I was giving free bitcoins for nothing to people on the forum.
I then tried to play with it and make my own experience, like a child with a new toy.
The first time I bought bitcoins was in 2014, I did it because a friend was looking to sell his bitcoins for my PayPal, and since it was a good online friend, why not?
Someone online asked my bitcointalk username and didn't believe me I have none since I didn't know it. Then it was often showing on search engine results, I was just reading necessary information. Months laters I discovered there is a French forum, this is what make join Bitcointalk
Large topic: AML/KYC regulations, taxes and others stuffs
People are not interested to fill administrative papers, taxes, etc. If people started to use Bitcoin, the fact you don't have to bother with all we have today was one of their motivations. We wanted to be "our own bank", not to be "our own bank but with still a central bank behind".
I could write a lot about it but I did it several times already in discussions.
Not positive, not negative. The forum doesn't need this for its development and every business should be allowed to be advertised (via signatures or ads space) as long it's not about p*rn, or something illegal
There is no need for education. Watching the market for 6 months is enough to understand how it works. I see several people doing well as what you could call "a newbie"
I don't think it harms the forum. I would have preferred to see members to use the system differently, which is what it was designed for, instead of confusing it with a Facebook Like button.
As for the signatures, I would have liked to generally see the managers more strict and attentive to the quality of the posts. Like reading the context and not just the post of the user engaged in the campaign.
I think they have a lot of responsibilities behind it.
I have none. I just have some users I like to read because I know we can have a real discussion from A to Z.
(just joking)
Generally speaking, I'm a real user with real uses cases, not so much interested in investing
I still own bitcoins bought in 2014
I don't know much about it since I'm not so interested in.
Videos only
Bitcoin, and privacycoins like Monero, Zcash, Horizen
No idea, I believe between$7,5k and $9k unless Santa Clauss is real and brings back Bitcoin to $20k
Quote
1. When and why did you become interested in cryptocurrencies?
End of 2013. MTGox was my very first bitcoin wallet.
I used a large make money online forum where dudes were often talking about Bitcoin. I refused to pay attention to it. I even thought it was a currency for video games like Second Life, and since I don't play that....
In a conversation, I explained how I struggle to find an advertising platform for my website. A friend suggested me A-ads.com. This is how I got my very first transactions, I didn't know what to do with it yet but they were paying me very well so I tought I will think about it later. Sometimes I was giving free bitcoins for nothing to people on the forum.
I then tried to play with it and make my own experience, like a child with a new toy.
Quote
2. When and why did you buy your first bitcoin?
The first time I bought bitcoins was in 2014, I did it because a friend was looking to sell his bitcoins for my PayPal, and since it was a good online friend, why not?
Quote
3. How did you get on the forum?
Someone online asked my bitcointalk username and didn't believe me I have none since I didn't know it. Then it was often showing on search engine results, I was just reading necessary information. Months laters I discovered there is a French forum, this is what make join Bitcointalk
Quote
4.1. What prevents mass adoption of cryptocurrencies?
Large topic: AML/KYC regulations, taxes and others stuffs
People are not interested to fill administrative papers, taxes, etc. If people started to use Bitcoin, the fact you don't have to bother with all we have today was one of their motivations. We wanted to be "our own bank", not to be "our own bank but with still a central bank behind".
I could write a lot about it but I did it several times already in discussions.
Quote
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?
Not positive, not negative. The forum doesn't need this for its development and every business should be allowed to be advertised (via signatures or ads space) as long it's not about p*rn, or something illegal
Quote
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?
There is no need for education. Watching the market for 6 months is enough to understand how it works. I see several people doing well as what you could call "a newbie"
Quote
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
I don't think it harms the forum. I would have preferred to see members to use the system differently, which is what it was designed for, instead of confusing it with a Facebook Like button.
As for the signatures, I would have liked to generally see the managers more strict and attentive to the quality of the posts. Like reading the context and not just the post of the user engaged in the campaign.
I think they have a lot of responsibilities behind it.
Quote
6. The most useful forum topic? Most helpful users?
I have none. I just have some users I like to read because I know we can have a real discussion from A to Z.
Quote
7. 3 things you would implement on the forum?
Roger Ver and Craig S. Wright as Admins (just joking)Quote
8. Do you trade on exchanges or invest in projects?
I'm not interested in altcoins (except some privacy-centric cryptocurrencies) and also in ICOs and other things. I never participated in an airdrop or ICO to tell you.Generally speaking, I'm a real user with real uses cases, not so much interested in investing
Quote
9. Tell a story about your big profit or big loss?
I still own bitcoins bought in 2014
Quote
10. What do you think about the DEFI ecosystem?
I don't know much about it since I'm not so interested in.
Quote
11. Is your anonymity a vital necessity or precaution?
Both I think. There are things you agree to share and some you don't want to.Quote
12. The last cryptocurrency book you read?
Videos only
Quote
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
Bitcoin, and privacycoins like Monero, Zcash, Horizen
Quote
14. How much will Bitcoin cost at the end of 2020?
No idea, I believe between$7,5k and $9k unless Santa Clauss is real and brings back Bitcoin to $20k
Thank you for the interview invitation and now let's start one by one.
Actually I didn't buy bitcoin at that time because I had very little capital. I bought ethereum and traded it.
The signature campaign doesn't break the forum in my opinion if it's done by a quality poster.
In Local: https://bitcointalksearch.org/topic/rules-peraturan-sub-forum-indonesia-dan-faq-baca-sebelum-posting-764664
2. Ethereum
3. Litecoin
Quote
1. When and why did you become interested in cryptocurrencies?
I became interested in crypto in early January 2017 even though a friend told me about crypto in mid-2016.Trading and investing are the reasons why I was interested in crypto.Quote
2. When and why did you buy your first bitcoin?
I don't remember exactly when that happened, but I believe I bought my first crypto a week or two after I got my exchange account in February 2017. Actually I didn't buy bitcoin at that time because I had very little capital. I bought ethereum and traded it.
Quote
3. How did you get on the forum?
Forum are the most sought after if someone is familiar with bitcoin and altcoin. This is because forum are a place for the community to gather and discuss thing related to crypto. This forum has lots of experienced and knowledgeable users so I can use it as a place of learning and also get a little extra capital to trade through bounties and more.Quote
4.1. What prevents mass adoption of cryptocurrencies?
The government and its regulation are the biggest barrier to the mass adoption of bitcoin and altcoin. Moreover, not everyone around the world is aware of the existence of bitcoin and crypto today. So in my opinion government, regulation, knowledge are some of the things that prevented the mass adoption of crypto until recently. I think another consideration for this is price volatility.Quote
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?
We can all determine which choices are good and which are not. Deciding to become a gambler simply because of forum advertisement, the risk has to be accepted. Gambling will have a negative impact on everyone and that must always be considered.Quote
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?
Knowledge and experience are factors that can increase the chances of success in investing. Investing without knowledge is tantamount to suicide. Money, knowledge, experience are all we need. There is no need to learn specifically to become a crypto investor in my opinion, because that is not a guarantee that we will always be profitable.Quote
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
The merit system is a great way to improve the quality of most users post and prevent spammer from rank up. So far I think the merit system has been quite successful and makes the forum look cleaner than before.The signature campaign doesn't break the forum in my opinion if it's done by a quality poster.
Quote
6. The most useful forum topic? Most helpful users?
In global: https://bitcointalksearch.org/topic/unofficial-list-of-official-bitcointalkorg-rules-guidelines-faq-703657In Local: https://bitcointalksearch.org/topic/rules-peraturan-sub-forum-indonesia-dan-faq-baca-sebelum-posting-764664
Quote
7. 3 things you would implement on the forum?
I only wish the best for the future of the forum. I want forums to improve the security system so that it is not easy for hackers to steal user account.Quote
8. Do you trade on exchanges or invest in projects?
Yes, I was a trader at first but not for now.Quote
9. Tell a story about your big profit or big loss?
Regarding the amount, maybe I don't need to say it here. But I have experienced profits and losses like any other trader.Quote
10. What do you think about the DEFI ecosystem?
New trend for now. I'm not really interested in that.Quote
11. Is your anonymity a vital necessity or precaution?
Between necessity and prevention. I want to gamble without being recognized and I will look for sites that do not require KYC as a precaution. I don't want people to know how many crypto assets I have right now because it's quite risky. So anonymity is a necessity for prevention.Quote
12. The last cryptocurrency book you read?
I don't have it, I'm just used to knowing something about bitcoin on the internet. There are no physical books.Quote
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
1. Bitcoin2. Ethereum
3. Litecoin
Quote
14. How much will Bitcoin cost at the end of 2020?
I'm not sure how much it will cost at the end of the year. But I think the price of bitcoin at that time was around $15000- $20000 and that is quite realistic to think about.Quote
15. PS
Thank you for giving me the opportunity to answer that question in a concise and straightforward manner. I'm not an expert in this field, but I'm just trying to learn something useful for me and the community. May be useful. 
1. When and why did you become interested in cryptocurrencies?
I became interested in cryptocurrencies not so long ago. It was at the end of 2017. I remember then my friend told me that with the help of GPUs you can get cryptocurrency. That's when I opened this door
2. When and why did you buy your first bitcoin?
My first Bitcoins I received after about two weeks as I assembled and launched the mining rig. I began to buy and sell Bitcoin after getting acquainted with exchanges.
3. How did you get on the forum?
One time I read an article about super profits from bounty campaigns. That article and led me to the forum. Unfortunately, I could not get rich, but instead I learned a lot of interesting things and met cool people.
4.1. What prevents mass adoption of cryptocurrencies?
Governments
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?
To a greater extent, such gambling advertising is harmful to society, but I believe that everyone chooses their own future. Gambling has always been and will always be. Cryptovalues only allowed to hide from the regulators.
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 there is no need for education. It is necessary to have free money, time and desire to study.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
I did not find a time when there was no merit system on the forum. On the one hand, signatures harm the forum, and on the other they increase activity and attendance. So this is a very controversial issue.
6. The most useful forum topic? Most helpful users?
In fact, the forum is a lot of useful topics and you can spend a lot of time to choose the best, but never come to some solution. I think that every participant is important for the forum.
7. 3 things you would implement on the forum?
Introduction of displaying the user trust in absolutely all sections, banning the use of multiple accounts, as soon as possible transition to a new engine.
8. Do you trade on exchanges or invest in projects?
I have rarely traded on exchanges lately, but I invest my money in various projects for the medium and long term.
9. Tell a story about your big profit or big loss?
I don't like to discuss my assets very much, but when investing in ICO I lost several times quite large funds.
10. What do you think about the DEFI ecosystem?
For DeFi future. But it is for new technologies, not speculative projects.
11. Is your anonymity a vital necessity or precaution?
I became much more careful on the Internet in terms of anonymity and confidentiality after I came to this forum.
12. The last cryptocurrency book you read?
Andreas Antonopoulos - Mastering Bitcoin
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
I do not give investment advice
14. How much will Bitcoin cost at the end of 2020?
$17000-20000
15. P.S. (Optional)
Thank you for the invitation to the interview.
I became interested in cryptocurrencies not so long ago. It was at the end of 2017. I remember then my friend told me that with the help of GPUs you can get cryptocurrency. That's when I opened this door
2. When and why did you buy your first bitcoin?
My first Bitcoins I received after about two weeks as I assembled and launched the mining rig. I began to buy and sell Bitcoin after getting acquainted with exchanges.
3. How did you get on the forum?
One time I read an article about super profits from bounty campaigns. That article and led me to the forum. Unfortunately, I could not get rich, but instead I learned a lot of interesting things and met cool people.
4.1. What prevents mass adoption of cryptocurrencies?
Governments
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?
To a greater extent, such gambling advertising is harmful to society, but I believe that everyone chooses their own future. Gambling has always been and will always be. Cryptovalues only allowed to hide from the regulators.
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 there is no need for education. It is necessary to have free money, time and desire to study.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
I did not find a time when there was no merit system on the forum. On the one hand, signatures harm the forum, and on the other they increase activity and attendance. So this is a very controversial issue.
6. The most useful forum topic? Most helpful users?
In fact, the forum is a lot of useful topics and you can spend a lot of time to choose the best, but never come to some solution. I think that every participant is important for the forum.
7. 3 things you would implement on the forum?
Introduction of displaying the user trust in absolutely all sections, banning the use of multiple accounts, as soon as possible transition to a new engine.
8. Do you trade on exchanges or invest in projects?
I have rarely traded on exchanges lately, but I invest my money in various projects for the medium and long term.
9. Tell a story about your big profit or big loss?
I don't like to discuss my assets very much, but when investing in ICO I lost several times quite large funds.
10. What do you think about the DEFI ecosystem?
For DeFi future. But it is for new technologies, not speculative projects.
11. Is your anonymity a vital necessity or precaution?
I became much more careful on the Internet in terms of anonymity and confidentiality after I came to this forum.
12. The last cryptocurrency book you read?
Andreas Antonopoulos - Mastering Bitcoin
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
I do not give investment advice
14. How much will Bitcoin cost at the end of 2020?
$17000-20000
15. P.S. (Optional)
Thank you for the invitation to the interview.
Thanks for the invitation. My answers to some of these turned out to be much longer than I thought they would:
I first head about Bitcoin around mid-2013. I had started to distrust the national media, so started watching news channels from other counties. While watching RT, I happened to catch an episode of the 'Keiser Report' where they frequently discuss how corrupt the traditional banking sector is. Naturally, that resonated with my own impressions of the world, so I got into a habit of watching it. In a few episodes they started talking about Bitcoin.
I didn't quite "get it" at first because they only discussed the speculation side of it, but figured I'd look it up. Found some Andreas Antonopoulos videos and started to understand the idea a little better. Played with a few faucets (as they were actually worth the time in 2013) until I was ready to buy. Kept digging and learning more. Fast-forward a bit and here I am today. I grew tired of Max Keiser after a while, though. Bit over the top. Too much bluster. Also, that altcoin he launched was an absolute atrocity, so that was probably the nail in the coffin.
I bought my first bitcoin in late 2013. Seemed like a no-brainer after what I had learned and also taking into consideration the torrid state of traditional finance. I wanted an "out" and here it was. It was an in-person cash trade because handing out bank account details is extremely risky and I've always been wary of that. Met them at their house, which I'd been to many times previously, handed them a wad of cash, they sent the BTC to my address (along with a much smaller amount of LTC and NMC to their respective addresses, since I figured I'd diversify a bit).
The whole thing felt a bit frantic, as the BTC price was climbing pretty rapidly on a daily basis at that point, so I was naturally eager to get the trade done. Managed to get onboard around the halfway point of that early bull-run to ~$1200. Then continued holding all the way back down to around $200. It was a concern, initially, but I never considered selling. Quite the opposite, In fact. I bought a little more on the way down, having originally planned to buy more on the initial purchase if it weren't for the price rising so quickly.
Can't remember exactly. Probably just found it on a search engine while researching. Glad I found it, though. I've learned more here than on any other website. Aside from bitcointalk.org, the only other social platform I'd recommend to others is bitcoin.stackexchange.com because pretty much all other social media is terrible. This place is a veritable treasure-trove of information and knowledge. I like to think I do my part in helping keep it that way.
In short, bad first impressions and bad habits. Lots of people are somehow given the impression Bitcoin is some sort of get-rich-quick scheme, so straight away they're off to the wrong start with some pretty big misconceptions about what they're getting into. Or they avoid getting into it at all, because they would naturally be wary of get-rich-quick schemes. On top of that, most people have spent their entire lives trusting financial institutions and don't know how to function any other way. People tend to leave their funds in the hands of third parties because it's "convenient" and then they effectively receive a third-rate experience of what Bitcoin really is. If they don't embrace the mindset Bitcoin was founded upon, they're probably going to have a poor experience and they definitely won't receive all the benefits Bitcoin potentially confers. I know some of us die-hards sound a bit stuffy and boring when we talk about the underlying principles and personal responsibility, but Bitcoin was designed this way for a reason. Person A signs the transaction over to person B and that's it. Job done. You don't introduce any middlemen to the equation, because they can then block your transactions or lose/steal your funds. Which kind of defeats the purpose.
As controversial as it may sound, until people can understand crypto properly, I'm beginning to feel like "mass adoption" would actually be a bad idea right now. I don't think human beings, generally speaking, are ready for Bitcoin. They've got too many bad habits to unlearn. I want Bitcoin to be for everyone, but at the same time, I want everyone to be safe when they use Bitcoin. And right now, most of them would use it in an unsafe way. They need a bit more time and a lot more common sense so they don't hand their money over to twitter scammers impersonating celebrities, as they're seemingly prone to doing. We don't need more of that, so mass adoption can wait until people are smarter (again, generally speaking). I know it sounds harsh, but I don't think it's wrong to believe that, given the depths of sheer foolishness I've witnessed recently.
Honestly feeling a fair amount of indifference to this question. I figure if these projects are going to find a way to advertise somewhere on the internet, it might as well benefit our little economy here. Probably doesn't make a big difference in the grand scheme of things, though.
Firstly, I'd draw a distinction between investing financially and investing conceptually. Not everyone does both. If people are just looking to gamble, they don't require a great deal of education to do that, aside from being able to spot obvious scams. But if people really want to understand the ethos of Bitcoin and get involved in the correct way, then yes, spend as much time as you can educating yourself before taking the plunge. As I pointed out regarding mass adoption, there's a great deal to learn.
Having been around prior to the creation of the Merit system, I can comfortably say the forum is a much better place as a result of it being implemented. There's now a certain expectation that junk posts won't be considered acceptable, which is healthy for the community as a whole. It's still sometimes a challenge to find a stimulating conversation, but that might be partly due to the fact that I've been around long enough to have heard many similar ideas rehashed over and over. But the quality is still higher than what it was in the olde days.
And I think, even more important than merit, is the sterling work some users do in reporting plagiarism and bots. It's bad enough to have similar ideas rehashed, but when it's the exact same post you read just two pages prior, suddenly duplicated next to another username, that's when it gets really tedious. It really is a community effort to keep that crap to an absolute minimum, so my thanks go out to those people.
As for signature campaigns, the honest answer is it depends on the campaign in question. Some definitely have higher standards than others. It's clear there are always going to be a few companies that just want to advertise their product cheaply and aren't overly concerned if their participants are producing good-quality content or not. Sometimes it feels like they target a bare minimum, but could probably do better if they tried. It's a tricky one to get the balance right.
I do think signature campaigns should be prevented from forcing participants to make a minimum number of posts per week/month/whatever to qualify for a payout if that hasn't been done yet. Making people post when they have nothing worth saying is a really bad idea.
Wow, where to begin? There are so many fantastic people dedicating their time and effort to help. I suppose if I had to nominate one person in particular, since they're noticeably absent at the moment, I'd give a shout out to DannyHamilton. I do miss their well-reasoned and informed contributions to the forum and hope they return at some point. For topics, this one is crucial reading for anyone who isn't quite clear on what this Bitcoin stuff is all about: https://bitcointalksearch.org/topic/bitcoin-the-social-phenomenon-5215927
Uh... I think I proposed adding descriptions for some of the subforums that don't currently have descriptions once. I'd like to see more strict guidelines for the Press/Media board to prevent spam and maybe cut out the cryptoblogs who sadly haven't proven to be any more respectable than the mainstream media in terms of journalistic integrity. Other than that, I'm fairly content with how things are.
I'm quite cautious. I used to dabble with altcoin trading in small sums, but haven't logged into an exchange in ages. There are just too many reasons not to do it anymore. I don't trust any of them and can't comprehend how people just leave vast sums of wealth in the hands of total strangers on the internet. It's downright crazy when you stop and think about it. Another factor in the decision was the increase in prevalence of KYC/AML requirements, which I'm convinced creates more identity theft than it prevents. Fortunately, when the exchange I was primarily using annouced they were implementing KYC, I was up overall and decided to quit while I was ahead. Dumped any alts I had on that and any other exchanges for BTC and withdrew it all. I don't have much in the way of altcoin holdings these days. Only the ones that never got deposited online.
Since I was always pretty cautious back when I did trade on exchanges, most of my "losses" are theoretical ones caused by not selling at the right time. I'm still holding some Byteball/Obyte which at one brief, glorious moment was probably worth around 3 BTC. It's sadly nothing like that value now. Definitely regret not selling that when I had the chance. But they were completely free to obtain (via what was quite possibly one of the only few credible and legitimate "airdrops" the community has ever seen), so I take solace from the notion that it's not an actual loss.
In theory? Sounds good. In practice, based on what little I've seen? Sounds utterly abysmal. I call shenanigans. If it really was decentralised finance, it wouldn't be so profitable to exploit and there wouldn't be anywhere near as much hype around it as there currently is. Maintaining a safe distance unless I start to see signs of legitimacy. For the moment, I just get the impression people are brazenly glossing over all the negativity and obvious scams with ICOs and simply rebranding them DEFI, or "wrapped" tokens to pull the same old stunts all over again. They're just trying to make a quick buck with marketing buzzwords and outlandish claims. Avoid at all costs for the moment. There might be a few honest attempts in the mix, but most of it looks pretty toxic.
That said, I'd love to see a day where we can completely abandon custodian exchanges and consign them to the history books where they belong. I still love the idea behind "atomic swaps" which would allow purely peer-to-peer trading between blockchains. It's just the current trend I'm not keen on, where some people are clearly abusing the idea to sell snake oil through mindless tokenisation. Overall, it feels like the technology isn't there yet. There's still a fair bit of development work to go before atomic swaps are truly viable to enable the kind of genuine decentralised trading this current, largely illegitimate, DEFI fad wishes it could emulate.
Not really. I certainly wouldn't go as far as saying it's vital, but at the same time I feel like I could have easily done more to obfuscate it.
Never have, heh. In some ways I like to think I'm a clever person, but in other ways I'm an absolute philistine. I should read more books.
Can't offer any specific advice, since I'm mostly out of the altcoins game. And wouldn't feel particularly comfortable doing so even if I could. If you are going to speculate, make sure you're thinking for yourself. You can't rule out the probability that someone is a bagholder of any given coin and is looking for a way to pump the price so they can get out. I've said this already in a recent topic, but never ask for investment advice unless you're in a position to be able to verify what you're being told or you trust the expertise of the person providing the advice implicitly.
Also remember that trading is often as much blind luck as it is looking at the fundamentals of each coin and reading charts and so-called "technical analysis" (which you need to take with a large pinch of salt). Speculation is a variety of gambling. No ifs or buts about it.
I will, however, say sternly what to avoid. People need to get the hell out of Tether/USDT while they still can. I can see that ending badly for all involved. Stablecoins in general seem pretty shady to me, but Tether is blaring all the warning sirens.
Ask me in thirty years or so. I've got no plans on selling any time soon. My concept of "value" isn't in how much fiat I could obtain for my Bitcoin in the short term. Future purchasing power is certainly of interest. Maybe one day I could buy a house or something. But for the most part, this is my "nest egg" or retirement fund. I can't trust society with safeguarding my conventional state pension and I sincerely doubt many in my generation are going to get one at all, let alone one they could actually afford to live on comfortably. Troubling times ahead, methinks.
Caught me a bit by surprise, so thanks for asking me. Honestly wasn't expecting to be contacted for one of these. Hope people find it interesting or useful. I better get on with reading a few of the other interviews I've missed since I last checked in on this topic. Cheers.
1. When and why did you become interested in cryptocurrencies?
I first head about Bitcoin around mid-2013. I had started to distrust the national media, so started watching news channels from other counties. While watching RT, I happened to catch an episode of the 'Keiser Report' where they frequently discuss how corrupt the traditional banking sector is. Naturally, that resonated with my own impressions of the world, so I got into a habit of watching it. In a few episodes they started talking about Bitcoin.
I didn't quite "get it" at first because they only discussed the speculation side of it, but figured I'd look it up. Found some Andreas Antonopoulos videos and started to understand the idea a little better. Played with a few faucets (as they were actually worth the time in 2013) until I was ready to buy. Kept digging and learning more. Fast-forward a bit and here I am today. I grew tired of Max Keiser after a while, though. Bit over the top. Too much bluster. Also, that altcoin he launched was an absolute atrocity, so that was probably the nail in the coffin.
2. When and why did you buy your first bitcoin?
I bought my first bitcoin in late 2013. Seemed like a no-brainer after what I had learned and also taking into consideration the torrid state of traditional finance. I wanted an "out" and here it was. It was an in-person cash trade because handing out bank account details is extremely risky and I've always been wary of that. Met them at their house, which I'd been to many times previously, handed them a wad of cash, they sent the BTC to my address (along with a much smaller amount of LTC and NMC to their respective addresses, since I figured I'd diversify a bit).
The whole thing felt a bit frantic, as the BTC price was climbing pretty rapidly on a daily basis at that point, so I was naturally eager to get the trade done. Managed to get onboard around the halfway point of that early bull-run to ~$1200. Then continued holding all the way back down to around $200. It was a concern, initially, but I never considered selling. Quite the opposite, In fact. I bought a little more on the way down, having originally planned to buy more on the initial purchase if it weren't for the price rising so quickly.
3. How did you get on the forum?
Can't remember exactly. Probably just found it on a search engine while researching. Glad I found it, though. I've learned more here than on any other website. Aside from bitcointalk.org, the only other social platform I'd recommend to others is bitcoin.stackexchange.com because pretty much all other social media is terrible. This place is a veritable treasure-trove of information and knowledge. I like to think I do my part in helping keep it that way.
4.1. What prevents mass adoption of cryptocurrencies?
In short, bad first impressions and bad habits. Lots of people are somehow given the impression Bitcoin is some sort of get-rich-quick scheme, so straight away they're off to the wrong start with some pretty big misconceptions about what they're getting into. Or they avoid getting into it at all, because they would naturally be wary of get-rich-quick schemes. On top of that, most people have spent their entire lives trusting financial institutions and don't know how to function any other way. People tend to leave their funds in the hands of third parties because it's "convenient" and then they effectively receive a third-rate experience of what Bitcoin really is. If they don't embrace the mindset Bitcoin was founded upon, they're probably going to have a poor experience and they definitely won't receive all the benefits Bitcoin potentially confers. I know some of us die-hards sound a bit stuffy and boring when we talk about the underlying principles and personal responsibility, but Bitcoin was designed this way for a reason. Person A signs the transaction over to person B and that's it. Job done. You don't introduce any middlemen to the equation, because they can then block your transactions or lose/steal your funds. Which kind of defeats the purpose.
As controversial as it may sound, until people can understand crypto properly, I'm beginning to feel like "mass adoption" would actually be a bad idea right now. I don't think human beings, generally speaking, are ready for Bitcoin. They've got too many bad habits to unlearn. I want Bitcoin to be for everyone, but at the same time, I want everyone to be safe when they use Bitcoin. And right now, most of them would use it in an unsafe way. They need a bit more time and a lot more common sense so they don't hand their money over to twitter scammers impersonating celebrities, as they're seemingly prone to doing. We don't need more of that, so mass adoption can wait until people are smarter (again, generally speaking). I know it sounds harsh, but I don't think it's wrong to believe that, given the depths of sheer foolishness I've witnessed recently.
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?
Honestly feeling a fair amount of indifference to this question. I figure if these projects are going to find a way to advertise somewhere on the internet, it might as well benefit our little economy here. Probably doesn't make a big difference in the grand scheme of things, though.
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?
Firstly, I'd draw a distinction between investing financially and investing conceptually. Not everyone does both. If people are just looking to gamble, they don't require a great deal of education to do that, aside from being able to spot obvious scams. But if people really want to understand the ethos of Bitcoin and get involved in the correct way, then yes, spend as much time as you can educating yourself before taking the plunge. As I pointed out regarding mass adoption, there's a great deal to learn.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
Having been around prior to the creation of the Merit system, I can comfortably say the forum is a much better place as a result of it being implemented. There's now a certain expectation that junk posts won't be considered acceptable, which is healthy for the community as a whole. It's still sometimes a challenge to find a stimulating conversation, but that might be partly due to the fact that I've been around long enough to have heard many similar ideas rehashed over and over. But the quality is still higher than what it was in the olde days.
And I think, even more important than merit, is the sterling work some users do in reporting plagiarism and bots. It's bad enough to have similar ideas rehashed, but when it's the exact same post you read just two pages prior, suddenly duplicated next to another username, that's when it gets really tedious. It really is a community effort to keep that crap to an absolute minimum, so my thanks go out to those people.
As for signature campaigns, the honest answer is it depends on the campaign in question. Some definitely have higher standards than others. It's clear there are always going to be a few companies that just want to advertise their product cheaply and aren't overly concerned if their participants are producing good-quality content or not. Sometimes it feels like they target a bare minimum, but could probably do better if they tried. It's a tricky one to get the balance right.
I do think signature campaigns should be prevented from forcing participants to make a minimum number of posts per week/month/whatever to qualify for a payout if that hasn't been done yet. Making people post when they have nothing worth saying is a really bad idea.
6. The most useful forum topic? Most helpful users?
Wow, where to begin? There are so many fantastic people dedicating their time and effort to help. I suppose if I had to nominate one person in particular, since they're noticeably absent at the moment, I'd give a shout out to DannyHamilton. I do miss their well-reasoned and informed contributions to the forum and hope they return at some point. For topics, this one is crucial reading for anyone who isn't quite clear on what this Bitcoin stuff is all about: https://bitcointalksearch.org/topic/bitcoin-the-social-phenomenon-5215927
7. 3 things you would implement on the forum?
Uh... I think I proposed adding descriptions for some of the subforums that don't currently have descriptions once. I'd like to see more strict guidelines for the Press/Media board to prevent spam and maybe cut out the cryptoblogs who sadly haven't proven to be any more respectable than the mainstream media in terms of journalistic integrity. Other than that, I'm fairly content with how things are.
8. Do you trade on exchanges or invest in projects?
I'm quite cautious. I used to dabble with altcoin trading in small sums, but haven't logged into an exchange in ages. There are just too many reasons not to do it anymore. I don't trust any of them and can't comprehend how people just leave vast sums of wealth in the hands of total strangers on the internet. It's downright crazy when you stop and think about it. Another factor in the decision was the increase in prevalence of KYC/AML requirements, which I'm convinced creates more identity theft than it prevents. Fortunately, when the exchange I was primarily using annouced they were implementing KYC, I was up overall and decided to quit while I was ahead. Dumped any alts I had on that and any other exchanges for BTC and withdrew it all. I don't have much in the way of altcoin holdings these days. Only the ones that never got deposited online.
9. Tell a story about your big profit or big loss?
Since I was always pretty cautious back when I did trade on exchanges, most of my "losses" are theoretical ones caused by not selling at the right time. I'm still holding some Byteball/Obyte which at one brief, glorious moment was probably worth around 3 BTC. It's sadly nothing like that value now. Definitely regret not selling that when I had the chance. But they were completely free to obtain (via what was quite possibly one of the only few credible and legitimate "airdrops" the community has ever seen), so I take solace from the notion that it's not an actual loss.
10. What do you think about the DEFI ecosystem?
In theory? Sounds good. In practice, based on what little I've seen? Sounds utterly abysmal. I call shenanigans. If it really was decentralised finance, it wouldn't be so profitable to exploit and there wouldn't be anywhere near as much hype around it as there currently is. Maintaining a safe distance unless I start to see signs of legitimacy. For the moment, I just get the impression people are brazenly glossing over all the negativity and obvious scams with ICOs and simply rebranding them DEFI, or "wrapped" tokens to pull the same old stunts all over again. They're just trying to make a quick buck with marketing buzzwords and outlandish claims. Avoid at all costs for the moment. There might be a few honest attempts in the mix, but most of it looks pretty toxic.
That said, I'd love to see a day where we can completely abandon custodian exchanges and consign them to the history books where they belong. I still love the idea behind "atomic swaps" which would allow purely peer-to-peer trading between blockchains. It's just the current trend I'm not keen on, where some people are clearly abusing the idea to sell snake oil through mindless tokenisation. Overall, it feels like the technology isn't there yet. There's still a fair bit of development work to go before atomic swaps are truly viable to enable the kind of genuine decentralised trading this current, largely illegitimate, DEFI fad wishes it could emulate.
11. Is your anonymity a vital necessity or precaution?
Not really. I certainly wouldn't go as far as saying it's vital, but at the same time I feel like I could have easily done more to obfuscate it.
12. The last cryptocurrency book you read?
Never have, heh. In some ways I like to think I'm a clever person, but in other ways I'm an absolute philistine. I should read more books.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
Can't offer any specific advice, since I'm mostly out of the altcoins game. And wouldn't feel particularly comfortable doing so even if I could. If you are going to speculate, make sure you're thinking for yourself. You can't rule out the probability that someone is a bagholder of any given coin and is looking for a way to pump the price so they can get out. I've said this already in a recent topic, but never ask for investment advice unless you're in a position to be able to verify what you're being told or you trust the expertise of the person providing the advice implicitly.
Also remember that trading is often as much blind luck as it is looking at the fundamentals of each coin and reading charts and so-called "technical analysis" (which you need to take with a large pinch of salt). Speculation is a variety of gambling. No ifs or buts about it.
I will, however, say sternly what to avoid. People need to get the hell out of Tether/USDT while they still can. I can see that ending badly for all involved. Stablecoins in general seem pretty shady to me, but Tether is blaring all the warning sirens.
14. How much will Bitcoin cost at the end of 2020?
Ask me in thirty years or so. I've got no plans on selling any time soon. My concept of "value" isn't in how much fiat I could obtain for my Bitcoin in the short term. Future purchasing power is certainly of interest. Maybe one day I could buy a house or something. But for the most part, this is my "nest egg" or retirement fund. I can't trust society with safeguarding my conventional state pension and I sincerely doubt many in my generation are going to get one at all, let alone one they could actually afford to live on comfortably. Troubling times ahead, methinks.
15. P.S. (Optional)
Caught me a bit by surprise, so thanks for asking me. Honestly wasn't expecting to be contacted for one of these. Hope people find it interesting or useful. I better get on with reading a few of the other interviews I've missed since I last checked in on this topic. Cheers.
nc50lc (Legendary)
Let's start
1. When and why did you become interested in cryptocurrencies?
"Honestly, Ethereum is the first cryptocurrency that I got interested with.
That was late 2016 when I started mining ETH.
I've heard of Bitcoin way before that, may have stored some and "played" with it but I can't recall."
2. When and why did you buy your first bitcoin?
"Is trading ETH for BTC counts?
That's months before the BCH fork and the newbie info about "free forked coins" that you'll get by hodling Bitcoins in your wallet.
Since Bitcoin's performance (market-wise) is good, I made it my 1st HODL priority."
3. How did you get on the forum?
"I've got here for checking the ANN thread of Electroneum in 2017 (that was really buzzing in social media at that time).
And since there are a lot of "other opportunities" other than GPU mining, I have been sticking around."
4.1. What prevents mass adoption of cryptocurrencies?
"Various reasons but I think the major hiccups are the Governments and negative views of people regarding cryptocurrencies.
There won't be an adaption if the people themselves think that cryptos are currencies for cyberciminals or scam,
that must be due to misinformation, lack of knowledge or both.
The Governments that ban cryptocurrency is another problem for obvious reasons."
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?
"As I noticed, people who visit bitcointalk to solve their wallet/client/other issues don't care bout what's being advertised.
IDK about Regulars but whether they like it or not, they'll return whether there are gambling banners in the page or none."
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?
"Every person learns at a different rate, so it depends on them if they should "invest" now, later-on when they've learned to be-their-bank or learn by other means."
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
"It didn't harmed the forum, it reduced spam exponentially but the start is kinda unfair to those who would have ranked-up in a matter of hours/days after it was applied.
Specially when you're ready to upload your Avatar"
6. The most useful forum topic? Most helpful users?
"Other than the developers in dev forums which aren't that active: pooya, HCP, jackg, Dave and other "tech support" (in respective order).
For topics from all boards, some are equally useful, most aren't; but some are fun to watch."
7. 3 things you would implement on the forum?
"
8. Do you trade on exchanges or invest in projects?
"I only invested in an ICO once, it's Electroneum, most of my coins are from trades."
9. Tell a story about your big profit or big loss?
"I probably wont share but there was an 'April Fools Joke' that really pissed me of since it hilariously blown the price big time that I didn't expected traders will take seriously."
10. What do you think about the DEFI ecosystem?
"While it's useful in most cases, it's also became a cheap tool for scammers.
I don't care much for the centralization issue of some projects since those wont function without a pinch of centralization."
11. Is your anonymity a vital necessity or precaution?
"I don't think revealing one's identity would give more advantages than disadvantages."
12. The last cryptocurrency book you read?
"lightning-network-paper.pdf, it's still on my desktop."
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
"Bitcoin, Ethereum and Monero, 1-2 years is short and their price mostly sync.
For higher time periods, add BitTorrent (I guess)"
14. How much will Bitcoin cost at the end of 2020?
"My wild guess is $12-20k."
Thanks to nc50lc for the interview!
The end.
Let's start
1. When and why did you become interested in cryptocurrencies?
"Honestly, Ethereum is the first cryptocurrency that I got interested with.
That was late 2016 when I started mining ETH.
I've heard of Bitcoin way before that, may have stored some and "played" with it but I can't recall."
2. When and why did you buy your first bitcoin?
"Is trading ETH for BTC counts?
That's months before the BCH fork and the newbie info about "free forked coins" that you'll get by hodling Bitcoins in your wallet.
Since Bitcoin's performance (market-wise) is good, I made it my 1st HODL priority."
3. How did you get on the forum?
"I've got here for checking the ANN thread of Electroneum in 2017 (that was really buzzing in social media at that time).
And since there are a lot of "other opportunities" other than GPU mining, I have been sticking around."
4.1. What prevents mass adoption of cryptocurrencies?
"Various reasons but I think the major hiccups are the Governments and negative views of people regarding cryptocurrencies.
There won't be an adaption if the people themselves think that cryptos are currencies for cyberciminals or scam,
that must be due to misinformation, lack of knowledge or both.
The Governments that ban cryptocurrency is another problem for obvious reasons."
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?
"As I noticed, people who visit bitcointalk to solve their wallet/client/other issues don't care bout what's being advertised.
IDK about Regulars but whether they like it or not, they'll return whether there are gambling banners in the page or none."
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?
"Every person learns at a different rate, so it depends on them if they should "invest" now, later-on when they've learned to be-their-bank or learn by other means."
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
"It didn't harmed the forum, it reduced spam exponentially but the start is kinda unfair to those who would have ranked-up in a matter of hours/days after it was applied.
Specially when you're ready to upload your Avatar"
6. The most useful forum topic? Most helpful users?
"Other than the developers in dev forums which aren't that active: pooya, HCP, jackg, Dave and other "tech support" (in respective order).
For topics from all boards, some are equally useful, most aren't; but some are fun to watch."
7. 3 things you would implement on the forum?
"
- Dark Mode without relying on third-party scripts.
- Spoiler Tag to ease scrolling and for more formatting options.
- Reporter's badge, its dedicated thread in Meta has been inactive for a while.
8. Do you trade on exchanges or invest in projects?
"I only invested in an ICO once, it's Electroneum, most of my coins are from trades."
9. Tell a story about your big profit or big loss?
"I probably wont share but there was an 'April Fools Joke' that really pissed me of since it hilariously blown the price big time that I didn't expected traders will take seriously."
10. What do you think about the DEFI ecosystem?
"While it's useful in most cases, it's also became a cheap tool for scammers.
I don't care much for the centralization issue of some projects since those wont function without a pinch of centralization."
11. Is your anonymity a vital necessity or precaution?
"I don't think revealing one's identity would give more advantages than disadvantages."
12. The last cryptocurrency book you read?
"lightning-network-paper.pdf, it's still on my desktop."
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
"Bitcoin, Ethereum and Monero, 1-2 years is short and their price mostly sync.
For higher time periods, add BitTorrent (I guess)"
14. How much will Bitcoin cost at the end of 2020?
"My wild guess is $12-20k."
Thanks to nc50lc for the interview!
The end.
Sure, why not, it's always nice to find out some stories, too bad mine is nothing special
1. When and why did you become interested in cryptocurrencies?
I was playing Travian back in 2012, and after it has become some of a freemium game my guild used to pull funds together so that the top players who had no real means could get some help, and once someone mentioned paying in Bitcoin, that was the first time I've heard about it but it took me more than a year afterward to really start inquiring about it.
2. When and why did you buy your first bitcoin?
The first bitcoins I bought were not meant for me and I used them as a means of payment for some codes, I must also confess that the firsts bits I actually kept for myself were not entirely mine, not your keys not your coins. I really treated bitcoin as a game for quite a long period.
3. How did you get on the forum?
The same friend that first mentioned bitcoin to me told me about it.
4.1. What prevents mass adoption of cryptocurrencies?
I'm probably one of the most bearish users around here, I still believe that bitcoin is a bit ahead of its time, there are lots of people who are still afraid to be in charge of their own finance, the same people who can't think for themselves and desperately need a strong hand leader even if by this they forfeit their liberties, people who would be too stressed or clearly incapable of storing and keeping their saving safe.
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?
I'm not a gambler and the only times I gamble are when I try to make a point with friends, going by the saying of putting the money where your mouth is, I don't know we can talk about positive and negative effect, but I'm pretty sure we can't talk about "harm", that would be an exaggeration.
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?
Bitcoin maximalist here, you don't need skills to buy and hold. For altcoins, so-called investing skills come well after luck.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
The merit system was the thing that helped cleaning the forum and stopped a lot of spam, as for the signature campaign as long as they are well managed and managers don't allow useless spam they are not harming the forum, quite the opposite.
6. The most useful forum topic? Most helpful users?
Probably the introduction topic, and the whole beginners and help board, and if ain't it should be. As for the most helpful users, there are quite many, and listing some while forgetting ones and at the same time putting them in an order like ranking wouldn't be fair so I'd rather not do it.
7. 3 things you would implement on the forum?
First would be the banning of proven scammers, then probably the demerit button and finally bringing back the features in the ignore button, some users should know that guy is ignored by the entire board and that would prevent feeding the trolls so many times. Of course, all can be abused and have drawbacks but the forum would be better with them not without.
8. Do you trade on exchanges or invest in projects?
I stopped trading years ago, and I think I'm getting too old and to busy to keep up with new projects, so again no.
9. Tell a story about your big profit or big loss?
Well, I don' have one, I made small gains and small losses, as I said I'm not much of a trader nor investor and I usually play around with little money.
10. What do you think about the DEFI ecosystem?
Just an overhyped fad.
11. Is your anonymity a vital necessity or precaution?
I wouldn't call it vital, of course, I would keep as many details about myself hidden as its nobody business who I am and what I do for a living but at the same time I don't think my life will end if somebody would find out my name or my address, after all, there are hundreds if not thousands of people who know me in real life, and probably a lot of them hate me more than people on this forum.
12. The last cryptocurrency book you read?
I've never fully read a single one.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
Bitcoin, BTC and BTC.
14. How much will Bitcoin cost at the end of 2020?
Somewhere between 10-15k$, as I said, I'm not a trader because I know I suck at anticipating things.
1. When and why did you become interested in cryptocurrencies?
I was playing Travian back in 2012, and after it has become some of a freemium game my guild used to pull funds together so that the top players who had no real means could get some help, and once someone mentioned paying in Bitcoin, that was the first time I've heard about it but it took me more than a year afterward to really start inquiring about it.
2. When and why did you buy your first bitcoin?
The first bitcoins I bought were not meant for me and I used them as a means of payment for some codes, I must also confess that the firsts bits I actually kept for myself were not entirely mine, not your keys not your coins. I really treated bitcoin as a game for quite a long period.
3. How did you get on the forum?
The same friend that first mentioned bitcoin to me told me about it.
4.1. What prevents mass adoption of cryptocurrencies?
I'm probably one of the most bearish users around here, I still believe that bitcoin is a bit ahead of its time, there are lots of people who are still afraid to be in charge of their own finance, the same people who can't think for themselves and desperately need a strong hand leader even if by this they forfeit their liberties, people who would be too stressed or clearly incapable of storing and keeping their saving safe.
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?
I'm not a gambler and the only times I gamble are when I try to make a point with friends, going by the saying of putting the money where your mouth is, I don't know we can talk about positive and negative effect, but I'm pretty sure we can't talk about "harm", that would be an exaggeration.
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?
Bitcoin maximalist here, you don't need skills to buy and hold. For altcoins, so-called investing skills come well after luck.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
The merit system was the thing that helped cleaning the forum and stopped a lot of spam, as for the signature campaign as long as they are well managed and managers don't allow useless spam they are not harming the forum, quite the opposite.
6. The most useful forum topic? Most helpful users?
Probably the introduction topic, and the whole beginners and help board, and if ain't it should be
. As for the most helpful users, there are quite many, and listing some while forgetting ones and at the same time putting them in an order like ranking wouldn't be fair so I'd rather not do it.7. 3 things you would implement on the forum?
First would be the banning of proven scammers, then probably the demerit button and finally bringing back the features in the ignore button, some users should know that guy is ignored by the entire board and that would prevent feeding the trolls so many times. Of course, all can be abused and have drawbacks but the forum would be better with them not without.
8. Do you trade on exchanges or invest in projects?
I stopped trading years ago, and I think I'm getting too old and to busy to keep up with new projects, so again no.
9. Tell a story about your big profit or big loss?
Well, I don' have one, I made small gains and small losses, as I said I'm not much of a trader nor investor and I usually play around with little money.
10. What do you think about the DEFI ecosystem?
Just an overhyped fad.
11. Is your anonymity a vital necessity or precaution?
I wouldn't call it vital, of course, I would keep as many details about myself hidden as its nobody business who I am and what I do for a living but at the same time I don't think my life will end if somebody would find out my name or my address, after all, there are hundreds if not thousands of people who know me in real life, and probably a lot of them hate me more than people on this forum.
12. The last cryptocurrency book you read?
I've never fully read a single one.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
Bitcoin, BTC and BTC.
14. How much will Bitcoin cost at the end of 2020?
Somewhere between 10-15k$, as I said, I'm not a trader because I know I suck at anticipating things.
Quote
1. When and why did you become interested in cryptocurrencies?
i heard about bitcoin back in 2011 during the initial price rises and when a lot of people were mining bitcoin with their PC. but by then i was working on my dissertation and didn't have any time so i ended up forgetting about bitcoin. it was partly because of the terrible definition of bitcoin i received from the one who told me about it!then i heard about bitcoin again in 2014 but this time i had more free time and also i saw bitcoin not just as something you mine and make money but as a currency i could use to purchase anything without needing to sign up on any website, do KYC verification, rely on centralized companies,... so i was hooked. which is why i have always viewed bitcoin and introduced it to others as a currency only.
Quote
2. When and why did you buy your first bitcoin?
i think it was somewhere in 2014 during the time price kept dropping from $500.Quote
3. How did you get on the forum?
through google while searching for some questions that i had as a newbie.Quote
4.1. What prevents mass adoption of cryptocurrencies?
volatility is the main reason preventing bitcoin's mass adoption. other than that being different (user has to handle their own keys, security,...), to some extent clients not being user friendly enough, and some of the FUD about bitcoin that has misled a lot of people.lack of utility is preventing adoption of cryptocurrencies. nowadays most of them are being created purely for pump and dump purposes even though their advertisements are filled with lots of pretty promises.
Quote
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?
i don't think it has any effects on development of the forum, but when they end up being spam not just advertisement they contribute to lowering the quality of the forum as a whole and may turn some experts away that don't like seeing so much spam. but the same thing could be said about any other form of spam.Quote
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 is hard to say, i think people are very different. some people are more risk-takers and can handle it, some are more familiar with investment, while some others have no idea what to do with their money, how to trade, invest, etc. i usually suggest that people should watch the cryptocurrency market for at least 6 months before entering it and unfortunately no amount of experience is ever enough to get you prepared for the altcoin manipulation.
Quote
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
i think the signature campaigns have gone full circle multiple times. they used to be just a way that people could make some satoshis for the posts they made, then they became spam fest, then things became better as ban hammers came down and campaign managers came along, then things got worse again as a ton of scams called ICOs were started and now we are back at first place with little spam. this last cycle was mainly due to merit system alongside a lot of bans that also made things extremely difficult for account farmers/sellers hence decreasing the spam.Quote
6. The most useful forum topic? Most helpful users?
it is tough to choose a single topic or even a couple because on any subject there are numerous helpful ones.as for users, most of those in technical boards are excellent. to name a few: achow101, ETFbitcoin, o_e_l_e_o, mocacinno, nc50lc
Quote
7. 3 things you would implement on the forum?
notification when your posts are quoted!Quote
8. Do you trade on exchanges or invest in projects?
i used to do more trades before 2018 but i got scammed a lot by centralized exchanges and i also got too busy in life that i haven't really traded for some time now.as for investment, i have never invested anything in any altcoins and i don't really see bitcoin as an investment as i explained above. my investment in bitcoin is my time when i contribute to the open source projects that interest me and i think they are helping the bitcoin community grow.
Quote
9. Tell a story about your big profit or big loss?
my biggest profit and biggest loss is probably the same thing!i used to work on a trading bot and test many different exchanges. one day i found a new one and purely to test my code, i signed up there but used a throw away email address (one of those temp ones you get anywhere) and deposited about a 800 Doge which i received as a donation on reddit to start the trading experiment.
long story short i ended up turning that 800 Doge (about 50000 satoshi) to 0.2 bitcoin after a while using my scripts but i couldn't withdraw it because i didn't have the email address anymore
Quote
10. What do you think about the DEFI ecosystem?
i can see some merit in the decentralized fund raising idea but i think the negative sides of it are too many that they are overshadowing any positive side it may have. and when the only usage that we see every day is from scammers and lazy people who want to make some quick money by using some hyped up thing, all we end up seeing is negativity.Quote
11. Is your anonymity a vital necessity or precaution?
i think privacy is more important that anonymity (i want to keep whatever i do to myself) and it is not just vital but it is everybody's right. of course the definition of these two concepts are usually mistaken with each other. i think there is a good explanation here:
https://www.privateinternetaccess.com/blog/how-does-privacy-differ-from-anonymity-and-why-are-both-important/
Quote
12. The last cryptocurrency book you read?
i have never read any books!everything i know, even the most technical aspects of bitcoin and cryptography, i have learned from the internet (mainly this forum but also stackexchange and partly reddit).
Quote
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
i will never do such a thing.i don't see altcoins as a viable investment because i have no faith in any of them long term and i also believe that tokens are completely useless even more so than coins so they have even less viability in long term.
Quote
14. How much will Bitcoin cost at the end of 2020?
it is always hard to say and when it is in such as short time as 2.5 months it is even harder. i believe that we are at the beginning of a bull market so there is a good chance that price will be higher than the current $11k price but since it is just the start it won't be that much higher.Quote
15. P.S. (Optional)
one thing is always certain, a revolution was started by bitcoin that can not be stopped or undone. thanks to Satoshi the decentralized money is a part of our world now, and everyone will eventually accept that even if bitcoin made some of them obsolete.thanks for reading.
@zasad@ thanks for the great topic mate , really good reads
Hello.
I want to interview you. I hope for your consent.
1. When and why did you become interested in cryptocurrencies?
in summer 2014 I remember finding a post on facebook for someone talking about PTC sites and talking how you can make money online
well the site was paying like 5 cents a day BUT it had a punch of ads for bitcoin faucets so I started digging what that bitcoin thing is
2. When and why did you buy your first bitcoin?
I never bought a single satoshi , at that time I had 0$ to my name and there isn't any easy way here to buy/sell bitcoin
all the bitcoins I have were made mainly from poker , it all started with faucets and poker freerolls then signature campaigns here
3. How did you get on the forum?
I was playing poker in a site called luckyflop ( which closed long time ago ) and someone in chat mentioned the forums here , he was talking about other gambling sites so I jumped here and started checking other gambling bitcoin sites
4.1. What prevents mass adoption of cryptocurrencies?
can't talk about other countries , but here it's really hard to buy/sell crypto and nobody here even use online banking in general ( pretty much all transactions here are in cash)
so in my country it's really hard for the people to accept the idea of a coin sitting on the internet
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?
as I stated before pretty much all what I made came from gambling , so for me more ads mean more opportunities
people should just do their own research about gambling , the majority will lose money but some will be able to make money ( talking about +EV gambling here )
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?
Learning never stops , with 3 years experience I guess everyone should be fine but improvements should never stop especially in crypto where every few months there is a new trend where you can make tons or lose tons of course
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
the merit system has its goods and bads , overall it made improvement for the forums and reduced spam but some members who are making some good posts are still having much harder time ranking up when we compare it with people who achieved legendary before adding the merit system
personally can't talk anything bad about signature campaigns cause it helped me really a lot during my start , it can definitely help newcomers with their new journey so I see it good as long as the manager is doing a good job
6. The most useful forum topic? Most helpful users?
useful topics kinda depend on the interest , for example there are tons of useful topics in the mining section but if you aren't interested in mining you won't really bother digging it
for me pretty much all the topics in the gambling boards ( even ANNs ) are useful for me since I'm always looking for new sites and promos
for users IMO anyone who is helping answering any question is doing a great job
7. 3 things you would implement on the forum?
I kinda like it how it's now , but maybe it's time to update the forums since everytime I try to introduce someone here he tells me that the forums look like it was created in the 90s
8. Do you trade on exchanges or invest in projects?
I rarely trade and even when I do it there is nothing serious , for investments all my investments are gambling related ( mainly investing in casinos bankroll )
9. Tell a story about your big profit or big loss?
as a gambler you will have several ups and downs , so single scores aren't really that important but my biggest score that I remember was winning Fortunejack Copa America leaderboard for 1 BTC
10. What do you think about the DEFI ecosystem?
haven't really digged it much so far so I can't really tell
11. Is your anonymity a vital necessity or precaution?
as much as I like to stay anonymous it's really hard these days where the majority of big gambling sites require KYC at some point , same thing for the big exchanges
I hope at someday this will change , but it's what it's now
12. The last cryptocurrency book you read?
the bitcoin standard and I didn't even finish it , I think books don't add any value unless the reader is totally newbie
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
I only trust bitcoin as an investment , still use other coins like trx and eos for betting on their dapps but I usually exchange everything back to btc after
14. How much will Bitcoin cost at the end of 2020?
more than 1K$ probably
Hello.
I want to interview you. I hope for your consent.
1. When and why did you become interested in cryptocurrencies?
in summer 2014 I remember finding a post on facebook for someone talking about PTC sites and talking how you can make money online
well the site was paying like 5 cents a day BUT it had a punch of ads for bitcoin faucets so I started digging what that bitcoin thing is
2. When and why did you buy your first bitcoin?
I never bought a single satoshi , at that time I had 0$ to my name and there isn't any easy way here to buy/sell bitcoin
all the bitcoins I have were made mainly from poker , it all started with faucets and poker freerolls then signature campaigns here
3. How did you get on the forum?
I was playing poker in a site called luckyflop ( which closed long time ago ) and someone in chat mentioned the forums here , he was talking about other gambling sites so I jumped here and started checking other gambling bitcoin sites
4.1. What prevents mass adoption of cryptocurrencies?
can't talk about other countries , but here it's really hard to buy/sell crypto and nobody here even use online banking in general ( pretty much all transactions here are in cash)
so in my country it's really hard for the people to accept the idea of a coin sitting on the internet
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?
as I stated before pretty much all what I made came from gambling , so for me more ads mean more opportunities
people should just do their own research about gambling , the majority will lose money but some will be able to make money ( talking about +EV gambling here )
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?
Learning never stops , with 3 years experience I guess everyone should be fine but improvements should never stop especially in crypto where every few months there is a new trend where you can make tons or lose tons of course
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
the merit system has its goods and bads , overall it made improvement for the forums and reduced spam but some members who are making some good posts are still having much harder time ranking up when we compare it with people who achieved legendary before adding the merit system
personally can't talk anything bad about signature campaigns cause it helped me really a lot during my start , it can definitely help newcomers with their new journey so I see it good as long as the manager is doing a good job
6. The most useful forum topic? Most helpful users?
useful topics kinda depend on the interest , for example there are tons of useful topics in the mining section but if you aren't interested in mining you won't really bother digging it
for me pretty much all the topics in the gambling boards ( even ANNs ) are useful for me since I'm always looking for new sites and promos
for users IMO anyone who is helping answering any question is doing a great job
7. 3 things you would implement on the forum?
I kinda like it how it's now , but maybe it's time to update the forums since everytime I try to introduce someone here he tells me that the forums look like it was created in the 90s
8. Do you trade on exchanges or invest in projects?
I rarely trade and even when I do it there is nothing serious , for investments all my investments are gambling related ( mainly investing in casinos bankroll )
9. Tell a story about your big profit or big loss?
as a gambler you will have several ups and downs , so single scores aren't really that important but my biggest score that I remember was winning Fortunejack Copa America leaderboard for 1 BTC
10. What do you think about the DEFI ecosystem?
haven't really digged it much so far so I can't really tell
11. Is your anonymity a vital necessity or precaution?
as much as I like to stay anonymous it's really hard these days where the majority of big gambling sites require KYC at some point , same thing for the big exchanges
I hope at someday this will change , but it's what it's now
12. The last cryptocurrency book you read?
the bitcoin standard and I didn't even finish it , I think books don't add any value unless the reader is totally newbie
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
I only trust bitcoin as an investment , still use other coins like trx and eos for betting on their dapps but I usually exchange everything back to btc after
14. How much will Bitcoin cost at the end of 2020?
more than 1K$ probably
I was enjoying to read the post of others on how did they become interest in cryptocurrency. I think I would like to share mine too so will grab this opportunity to be heard. This is only once in a lifetime activity to have this kind of unique way on expressing and be heard in the bitcointalk forum. This feel pretty good and here is my reply with the following questions.
1. When and why did you become interested in cryptocurrencies?
Invited to join in this forum and start doing bounty business way back 2018 but it does not make good so chance my mind and instead I learn to do some quick research about cryptocurrency. This made me interest after Satoshi Nakamoto created bitcoin as a solution to financial crisis way back in 2007. I was amazed how cryptocurrency works correct me if I am wrong that bitcoin works after you downloaded and install the bitcoin software which made you part of the bitcoin network. This describe as the peer to peer network system to which allows you to move funds by broadcasting transaction to bitcoin network and then a random computer (node) will accept the transaction and add it as a latest transaction to memory pool waiting to be mine by miners that created the blocks and add to blockchain. This somehow a unique idea that has been created and I think the people behind bitcoin are genius. This made me more interest to learn and had tried to make some bitcoin transaction right after having bitcoin client or bitcoin software.
Bitcoin is a unique digital currency as what others had mention that it could be exchange to other currencies (fiat or other cryptocurrencies), buy products and services, and could also be accepted as a form of investment. Still investors will consider risk because of its market price volatility.
2. When and why did you buy your first bitcoin?
I bought bitcoin as I see how things work and could earn investment. However at later part of 2018 I lost it selling afterwards due to emotional breakdown after bitcoin market crashes and as a newbie thinking that bitcoin will going to end. Now, I still invest in bitcoin but not that much and thankful to the experience I had during my losses. It made me think on how, when and what to buy not only bitcoin but other altcoins as well. Ripple and BCH was a good crypto to invest with due to its pump and dump scheme. I had experience having of these coins being pump and earn on it at the same time pulling out investment when market is good and buy back when market is bad. But it take some time before that it will going to happen like this time. I am still waiting on when bitcoin market crashes. LOL
3. How did you get on the forum?
I was invited by my friend who first knew about this forum and share what he earns in here through bounty hunting (Good Boy). However, he is not anymore active here because he had been busy from the moment that covid19 hit the world to which he is part of the front liner. I still admire that friend of my mine because he still able to earn in other ways like joining networking and now still share his profit and invited me as well but I know that he is doing networking and I do not like the way it works. Still the forum has a lot of sections and boards to explore. Reading and learning from those boards still my interest and did not come to my mind to leave the forum just like what my friend did for I am not exploring more about bitcoin and other altcoins as well.
4.1. What prevents mass adoption of cryptocurrencies?
Scams, fraud people and phishing attacks to which drag bitcoin and other cryptocurrency on bad reputation. Aside from that news popping out regarding on hi jack exchanges, team manipulated network core in some of those Defi projects. Yet, cryptocurrency is still in the process of adaptation for I believe that this technology could bring something in the community. There are really great features in cryptocurrency and as what others had told regarding on its anonymity features and decentralized in manner like storing funds where one could do whatever he wanted on the funds anytime without using third party services like the banks.
Probably, another thing that made prevent mass adoption are those government system especially to the government officials. If this cryptocurrency will be integrated in their system especially in financial aspect then all will be transparent and they could have hard time to make any corruptions activity because all transactions will be put to blockchain and all transactions will be recorded. Once there is suspected transaction then it could be visibly seen and could be investigated.
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?
It brings positive development in the forum. I do not exactly know on how much gambling sites had earn but I think their profit could reach up to millions of dollars in just a single platform. This will bring something good in the forum especially the gamblers to make forum lively due to their activities. We know that they had their own boards and that will not compromise other boards that are not interested in gambling.
Mostly gambling sites offers ads and bounty campaign. This will allow bounty hunters to earn more on those promotional activities that pays BTC.
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?
Yes, that is already an ample time of a user to observe the market price movement of the cryptocurrency and to be able to understand on how, when and what cryptocurrency to buy. Not only a member could be a successful investor but also can even manage to put up business integrating cryptocurrency as an option for payment. It will all depend to the member's interest on learning about cryptocurrency.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
Not really, I do believe that those gambling signature ads had made a positive impact in the forum and to the bounty hunters that promoted those project earning some BTC. In my opinion it does not harm the forum instead it is the opposite to where it could make forum more active with bounty hunters participation.
The merit system had been also effective making other members to become effective and efficient in making post to receive merits that has been a motivation to get along with in the forum. Merits could be hard to earn from other members of the forum but still it is possible for them to earn they just need to know on how to become helpful in the forum. I myself is the proof that I was once a shit poster but now I am more concern about the forum and to check every time I post that should be meaningful as part of participating an active discussion.
6. The most useful forum topic? Most helpful users?
Merit system, cryptocurrency news, speculations, gambling section especially the discussion about the NBA ongoing finals (Lakers Vs. Miami), Campaign with a cause started by some users like @cabalism13 and @CryptopreneurBrainboss.
Well, there are many helpful users nowadays and are active in posting at beginners and help section. However, I was thinking about @jetcash on his side regarding on merit grabbing post and the spammers.
7. 3 things you would implement on the forum?
Designate assistant section moderators and staff, merit source and add voluntary team that will help identify scam related projects in the promotional activities.
8. Do you trade on exchanges or invest in projects?
Not, doing this trading or investing in projects. I am more interested in earning BTC and get more of it if possible because in the near future bitcoin will become one of the best digital currency in the world. This is what I have been foreseeing in regards to cryptocurrency and that bitcoin will be adapted for community consumption. And if that time comes I do hope I had some bitcoin in my digital wallets.
9. Tell a story about your big profit or big loss?
Big loss, when I was newbie I invested in bitcoin and then losing it on 2019 when bitcoin market is crashing. sighs, still not getting some of it but I think I am positive that over a period of time with the way I am investing in bitcoin and collecting of it then I think I could overcome losses over the period of time. Hopeful!
Big profit, yeah I remember that time that I was promoting ICO projects and was able to earn from the tokens being sold. I think that was more or less 4 ETH. I think that value of ETH before is good already for me because I have low salary earnings in my current job until now! huhuhu
10. What do you think about the DEFI ecosystem?
At first I was impress and it even impress more when some of the Defi Projects had been become HYIP, but same as with ICO projects the hackers had made a some ways to take advantage on the Defi projects and those are the manipulation of the core for them to withdraw money without getting notice. I do not really know but this info I get was base on the news that has been circulating recently about the Defi Projects.
11. Is your anonymity a vital necessity or precaution?
Yes, Banks had stolen identity of their clients and that could be use in illegal activities by some banks personnel for their own interest. So bad right? But if there is a system that could do service like banks but does not require you to disclose your identity then that would definitely be better right?
So, identity is very important for us not to disclose because this can lead to hacking, phishing, and getting fraud by some people that has interest in getting of your funds. There are many modus operandi runs in the internet so we need all to be more careful and advise the family members not to believe directly every message they receive in their emails or sms or other platforms like social media.
12. The last cryptocurrency book you read?
Cryptocurrency investment for dummies, Kiana Danial
Blockchain revolution by Alex Topscott
Digital Gold by Nathaniel Popper
The cryptotrader by Glenn Goodman
Crypto beginners Stephen Satoshi
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
1. Bitcoin
2. XRP
3. ETH
4. BCH
14. How much will Bitcoin cost at the end of 2020?
14K USD. I think that would be ideal market price for bitcoin. However, I am wishing for a market price. You know why I am hoping because I am selling already and would like to go over again. I am making a short term hold for bitcoins.
15. P.S. (Optional)
The forum has been one of the best cryptocurrency discussions. I think this interview uniquely started by @zasad is one far good move in order to get the status of of the members in regards to cryptocurrency and the forum. I do hope that with the questions above being made some members or users will be able to put up a data or statistics that could be relevant to the studies in the near future.
1. When and why did you become interested in cryptocurrencies?
Invited to join in this forum and start doing bounty business way back 2018 but it does not make good so chance my mind and instead I learn to do some quick research about cryptocurrency. This made me interest after Satoshi Nakamoto created bitcoin as a solution to financial crisis way back in 2007. I was amazed how cryptocurrency works correct me if I am wrong that bitcoin works after you downloaded and install the bitcoin software which made you part of the bitcoin network. This describe as the peer to peer network system to which allows you to move funds by broadcasting transaction to bitcoin network and then a random computer (node) will accept the transaction and add it as a latest transaction to memory pool waiting to be mine by miners that created the blocks and add to blockchain. This somehow a unique idea that has been created and I think the people behind bitcoin are genius. This made me more interest to learn and had tried to make some bitcoin transaction right after having bitcoin client or bitcoin software.
Bitcoin is a unique digital currency as what others had mention that it could be exchange to other currencies (fiat or other cryptocurrencies), buy products and services, and could also be accepted as a form of investment. Still investors will consider risk because of its market price volatility.
2. When and why did you buy your first bitcoin?
I bought bitcoin as I see how things work and could earn investment. However at later part of 2018 I lost it selling afterwards due to emotional breakdown after bitcoin market crashes and as a newbie thinking that bitcoin will going to end. Now, I still invest in bitcoin but not that much and thankful to the experience I had during my losses. It made me think on how, when and what to buy not only bitcoin but other altcoins as well. Ripple and BCH was a good crypto to invest with due to its pump and dump scheme. I had experience having of these coins being pump and earn on it at the same time pulling out investment when market is good and buy back when market is bad. But it take some time before that it will going to happen like this time. I am still waiting on when bitcoin market crashes. LOL
3. How did you get on the forum?
I was invited by my friend who first knew about this forum and share what he earns in here through bounty hunting (Good Boy). However, he is not anymore active here because he had been busy from the moment that covid19 hit the world to which he is part of the front liner. I still admire that friend of my mine because he still able to earn in other ways like joining networking and now still share his profit and invited me as well but I know that he is doing networking and I do not like the way it works. Still the forum has a lot of sections and boards to explore. Reading and learning from those boards still my interest and did not come to my mind to leave the forum just like what my friend did for I am not exploring more about bitcoin and other altcoins as well.
4.1. What prevents mass adoption of cryptocurrencies?
Scams, fraud people and phishing attacks to which drag bitcoin and other cryptocurrency on bad reputation. Aside from that news popping out regarding on hi jack exchanges, team manipulated network core in some of those Defi projects. Yet, cryptocurrency is still in the process of adaptation for I believe that this technology could bring something in the community. There are really great features in cryptocurrency and as what others had told regarding on its anonymity features and decentralized in manner like storing funds where one could do whatever he wanted on the funds anytime without using third party services like the banks.
Probably, another thing that made prevent mass adoption are those government system especially to the government officials. If this cryptocurrency will be integrated in their system especially in financial aspect then all will be transparent and they could have hard time to make any corruptions activity because all transactions will be put to blockchain and all transactions will be recorded. Once there is suspected transaction then it could be visibly seen and could be investigated.
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?
It brings positive development in the forum. I do not exactly know on how much gambling sites had earn but I think their profit could reach up to millions of dollars in just a single platform. This will bring something good in the forum especially the gamblers to make forum lively due to their activities. We know that they had their own boards and that will not compromise other boards that are not interested in gambling.
Mostly gambling sites offers ads and bounty campaign. This will allow bounty hunters to earn more on those promotional activities that pays BTC.
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?
Yes, that is already an ample time of a user to observe the market price movement of the cryptocurrency and to be able to understand on how, when and what cryptocurrency to buy. Not only a member could be a successful investor but also can even manage to put up business integrating cryptocurrency as an option for payment. It will all depend to the member's interest on learning about cryptocurrency.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?
Not really, I do believe that those gambling signature ads had made a positive impact in the forum and to the bounty hunters that promoted those project earning some BTC. In my opinion it does not harm the forum instead it is the opposite to where it could make forum more active with bounty hunters participation.
The merit system had been also effective making other members to become effective and efficient in making post to receive merits that has been a motivation to get along with in the forum. Merits could be hard to earn from other members of the forum but still it is possible for them to earn they just need to know on how to become helpful in the forum. I myself is the proof that I was once a shit poster but now I am more concern about the forum and to check every time I post that should be meaningful as part of participating an active discussion.
6. The most useful forum topic? Most helpful users?
Merit system, cryptocurrency news, speculations, gambling section especially the discussion about the NBA ongoing finals (Lakers Vs. Miami), Campaign with a cause started by some users like @cabalism13 and @CryptopreneurBrainboss.
Well, there are many helpful users nowadays and are active in posting at beginners and help section. However, I was thinking about @jetcash on his side regarding on merit grabbing post and the spammers.
7. 3 things you would implement on the forum?
Designate assistant section moderators and staff, merit source and add voluntary team that will help identify scam related projects in the promotional activities.
8. Do you trade on exchanges or invest in projects?
Not, doing this trading or investing in projects. I am more interested in earning BTC and get more of it if possible because in the near future bitcoin will become one of the best digital currency in the world. This is what I have been foreseeing in regards to cryptocurrency and that bitcoin will be adapted for community consumption. And if that time comes I do hope I had some bitcoin in my digital wallets.
9. Tell a story about your big profit or big loss?
Big loss, when I was newbie I invested in bitcoin and then losing it on 2019 when bitcoin market is crashing. sighs, still not getting some of it but I think I am positive that over a period of time with the way I am investing in bitcoin and collecting of it then I think I could overcome losses over the period of time. Hopeful!
Big profit, yeah I remember that time that I was promoting ICO projects and was able to earn from the tokens being sold. I think that was more or less 4 ETH. I think that value of ETH before is good already for me because I have low salary earnings in my current job until now! huhuhu
10. What do you think about the DEFI ecosystem?
At first I was impress and it even impress more when some of the Defi Projects had been become HYIP, but same as with ICO projects the hackers had made a some ways to take advantage on the Defi projects and those are the manipulation of the core for them to withdraw money without getting notice. I do not really know but this info I get was base on the news that has been circulating recently about the Defi Projects.
11. Is your anonymity a vital necessity or precaution?
Yes, Banks had stolen identity of their clients and that could be use in illegal activities by some banks personnel for their own interest. So bad right? But if there is a system that could do service like banks but does not require you to disclose your identity then that would definitely be better right?
So, identity is very important for us not to disclose because this can lead to hacking, phishing, and getting fraud by some people that has interest in getting of your funds. There are many modus operandi runs in the internet so we need all to be more careful and advise the family members not to believe directly every message they receive in their emails or sms or other platforms like social media.
12. The last cryptocurrency book you read?
Cryptocurrency investment for dummies, Kiana Danial
Blockchain revolution by Alex Topscott
Digital Gold by Nathaniel Popper
The cryptotrader by Glenn Goodman
Crypto beginners Stephen Satoshi
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
1. Bitcoin
2. XRP
3. ETH
4. BCH
14. How much will Bitcoin cost at the end of 2020?
14K USD. I think that would be ideal market price for bitcoin. However, I am wishing for a market price. You know why I am hoping because I am selling already and would like to go over again. I am making a short term hold for bitcoins.
15. P.S. (Optional)
The forum has been one of the best cryptocurrency discussions. I think this interview uniquely started by @zasad is one far good move in order to get the status of of the members in regards to cryptocurrency and the forum. I do hope that with the questions above being made some members or users will be able to put up a data or statistics that could be relevant to the studies in the near future.
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