Thank you
@zasad@ for permitting me and starting 2021 interviews session
QUESTIONS:1. When and why did you become interested in cryptocurrencies?It all began as a joke in my year 3 in university, I was searching for side income where I could earn since Fiver platform wasn't friendly for me with their policy and harsh customer reviews. A friend introduced me to a Telegram group where they hold this new and confusing topic about bitcoin, the terms and words were so complex but with help of some material and consistency, I grew to understand some terms like HODL, Bull and BEER, SHITCOINs ( I came in during ICO collapse of the market ), PUMP and DUMP with other popular terms.
What picks my curiosity was how some mate made some $$dollars during the ICO year was motivating, I had to step up the game too, I went through some papers and blog to understand the basic things I had to learn by that time.
2. When and why did you buy your first bitcoin?I was pondering to buy bitcoin during the ICO period when the whole market became scary, the Chinese ban was frightening the whole market.
I bought my first bitcoin in 2019 when the whole thing became stabilize.
3. How did you get on the forum?That was back in 2018 with my Alt account, there were so many airdrops back in the days and I was so lucky to Participated in Revain and I was among the selected participants.
One of the criteria to be eligible for the reward was to comment on their announcement thread, that was how I got to know this wonderful forum.
4.1. What prevents mass adoption of cryptocurrencies?The answer to this question is obvious, of course, it's the Government in my opinion. Seeing how China and their government were playing cards before institutional investors took over the game was obvious and disappointing. They play a major role in this asset since most of the bitcoin Miners come from China and lots of investors.
I could recall when they removed the ban on cryptocurrency in 2019, Bitcoin pump 17% in just an hour. They control the people and since we have been used to a centralized system, we fear worst that will happen to our funds when the government likely take an action.
We also observe an increase in market cap when the Indian Government lifted their ban on cryptocurrency in 2020, this is why I hate the government in this system though little regulation is important because of selfish interest by a group of people.
4.2 Tell us about your experience on bitcointalk?It has been great and tremendous so far, the experience is amazing and I grow to learn every day since I wasn't fortunate to be among the early members of the forum. It's such a pioneering environment guide to knowledge.
4.3. Why do you need multiple accounts on this forum? Do you have a commercial interest or other reasons?The more you look at Bitcointalk, the less you see. It's a large forum with so many sub-board and interesting topics. I'm using two accounts because I feel my main account shouldn't just be about bounty and earning but to learn from others and impact my knowledge on others.
I have also observed other members especially the higher rank don't value account once they see social links on your profile. So, I needed something that can add value to other people.
5. What do you think of the current Merit system and signature campaigns? Do they harm the forum?It has prevented lots of users from writing jargons and improving quality content in the forum, It has also helped to reduce plagiarism and copy-paste.
On the aspect of signature campaigns, it easily differentiates users and how they earn and encourage users with low rank to improve on there self.
6. The most useful forum topic? Most helpful users?The practical and interesting topics I have found include:
[Tutorial] How to create Lightning Network Channel (Testnet BTC)Newbies - Read before postingUnofficial list of (official) Bitcointalk.org rules, guidelines, FAQ How to sign a message?Users that have been helpful include: Ratimov
OgNasty
DmrDmr
LoyceV
RapTarX
7. 3 things you would implement on the forum?First, the forum should be customized and adjustable to mobile view when interacting with the phone, it's kind of eye disturbing when you have to keep zooming at every loaded page.
Secondly, the account security system should be improved. There have been many cases of account stolen and hack, it will be a good move if he implements Authentication/2FA in every account with a unique password. I have seen on Facebook and other huge fan base web community, I believe the system will work here too.
Last but not the list, alternative way to deal with newbies that abuse an IP address.
Over the last 3 weeks, I notify my account to some board for quick updates about posts and I have noticed how some users open new accounts with unnecessary topics that are filled with crazy spams and dangerous links.
These topics are usually deleted by mods and such account become permanently banned but my issue is how this account poison others from having free registration on the forum. It's unfair since they have abused the system and hence new users from that particular location/region have to pay some fee before they can post on the forum. It isn't their fault.
8. Do you trade on exchanges or invest in projects?I have both experiences but investing has been easier for me, trading requires skill, consistency, patience and time. I can't give all to trading, most of the time investment.
9. Tell a story about your big profit or big loss?Early January 2020, I sold all my KCS( kucoin shares ) as I no longer see much progress in their token, with the little profits I made collectively, was $1400.
I used all my fund to purchased BNB each at $17, luckily for me, Iran and US mini-war began which trigger some market pump including crypto. My BNB was heavily pumped to $26 and I had sweet profits as that was my first time of making such profit but did I sold? No!, that was my first mistake.
I was busy with my final year project as I was hoping BNB will break ATH and pump heavily since Binance chain was making waves and whales were shilling.
It all became another story on the March 12 black Friday when my portfolio became $350, I panic and sold. That's how I lost to the market.
10. What do you think about the DEFI ecosystem?It's has become crystal clear that most projects with suffix FINANCE have nothing to offer, only a few with the real user case and products are still fit, though almost all are still down from the all-time high.
The frenzy has cool off, is that the end? I don't know but I believe in some.
11. Is your anonymity a vital necessity or precaution?Privacy is essential but can we hide everything from the rest of the world?
In some aspects I love privacy but it should be a pseudonym.
Anonymity demerit out wages it Merits in my opinion.
12. The last cryptocurrency book you read?The DeFi, its an embodiment of decentralized ecosystem and previous knowledge about cryptocurrency by Coingecko.
13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?BNB has failed in the past due to an ill-fated market situation, but I love everything about Binance chain and utility behind BNB.
Keep eyes on Bitcoin, Ethereum and Polkadot
14. How much will Bitcoin cost at the end of 2021?
It's very difficult to predict bitcoin direction ever since all-time high price became broken, though if the steam continues, $50k is imminent before the end of the year.
Invest in what you can afford to lose doesn't equate you to be a careless person