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williamz902

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Everything posted by williamz902

  1. They also mentioned in their announcement that they have new VC funding, and that they will be making improvements to the platform. I look forward to seeing more coins listed as well as any other exciting features. Hoping they might revive the platform, because it's lack of improvements over the past few years has started to show.
  2. Lol.. yes. Gambling is addictive and the odds are always against you. That's why it surprises me that some people think gambling is a way to make money! I like to watch the race when it's on, but I won't put money on it. I usually choose a horse just before the race starts, but don't actually place any bets. Usually I just want to see if I'm right - so far I've been wrong all the time, so thank goodness I haven't wasted money on it.
  3. I think if anything, a quantum computer could help block chain. It would process transactions and mine much faster. I don't see how it could kill blockchain, perhaps you can explain your reasoning?
  4. The most profitable ones, are in my signature. Click any of the links below to sign up to those faucets and claim. Bear in mind that faucets are a slow way of getting Crypto and you have to keep at it.
  5. Lol... this one will definitely earn you huge amount of crypto! (Not!) Trading is the best way to earn more crypto. All the other processes are slow and painful. But maybe worth it for someone who has nothing else to do anyway.
  6. Thank you for this. I prefer to use worldcoinindex.com because it also doubles as a portfolio tracker, and has a whole bunch of other information, like trending coins, worst performing coins, etc.
  7. I did run a full node a few years ago. The amount of space it used was incredible. I think it took me 2 weeks to download the block chain. I might be mistaken, but it was something like 250GB - and I think I only had a 500GB hard drive at that stage. I eventually had to delete it from my computer (I backed up up my keys and moved funds out of that wallet.)
  8. Yes, I think you are right. The price was definitely just over $900, I remember that clearly. And I think you are right about the time being Feb 2017. For some reason November was stuck in my mind. I hadn't looked it up.
  9. The cheapest price I purchased was when I first heard about BTC. I can't remember the date - think it was around November 2017 or something and the price was around about $936 at the time. I now regret not having bought lots more. I lost most of that initial purchase, unfortunately, but now I'm wiser and I'm looking to start increasing my BTC holdings. Hoping to become a whale one day!
  10. Lol... this one made me laugh. I like this list. It's very useful. There are some terms that I wasn't aware of that I've wondered about - or to some extent kind of figured out based on the context around them.
  11. If I had enough BTC, I would definitely use it to buy a car. It's not like you are generally paying more than if you used cash. I think the only disadvantage is that you don't have financing and have to pay the whole amount at once.
  12. During the Bitcoin / Bitcoin Cash hard fork, there was massive debate - hence the hard fork. In order for a change to be effected on the Bitcoin network, absolutely everyone has to agree to the change. During the fork, many people were divided - some wanted bigger blocks, others didn't, so the team split up and a hard fork happened. That's why we have Bitcoin Cash. Bigger blocks will also take up more space for full nodes. You can't just say you want bigger blocks, you have to consider all the implications.
  13. This is a really interesting strategy. I never thought about it, but I can definitely see the merit in it. So you start buying when the coin it high, and keep buying while it's dropping because the average price will be averaged out to a medium price. Then when it starts going up you make a profit?
  14. My personal preference is bittrex - because they don't list so many shitcoins and their wallets are all online. I find the interface a bit confusing to work with though. Yobit's interface and graphs are much easier to understand. Also, I don't like Yobit's gambling games - I don't think those should be on a professional exchange. The minimum trading amounts on Bittrex are much higher than on Yobit which is a bit annoying. In either case, you should do your own research.
  15. This is scary. At least they allow their users to withdraw without just shutting down and taking all the money. You just never know who to trust these days. That's why it's so important to do research on these exchanges and go with the popular ones.
  16. Thank you, this is very useful information. I see that Yobit is not listed on that chart. I'm sure their fees are among the highest of all the exchanges. I'm shocked about coinbase pro!
  17. It's not allowed and if they discover that you have two accounts they will ban both of them and you could loose all your money. Why would you want two accounts anyway? What can you do with a second account that you can't do with the first? You can only use one account at a time, so I don't see why you need two?
  18. I would definitely test it out with a small amount first. There is an ATM in a mall in a city near me, but I haven't gone to check it out yet. I will do so the next time I'm in the area. Maybe it's an easier way to withdraw cash.
  19. I think the highest I ever achieved in short term trading was 100%. This was back in about 2017 - I had about 0.02 BTC and doubled it to 0.04 BTC. I've now switched to longer term trading, and hoping for even greater returns.
  20. To some extent I disagree with this. When I'm trading, I need my coins on the exchange for fast transactions at a moments notice. I can't be waiting 1 hour or more for bitcoin transactions from my wallet to the exchange. That said, I would only store as much on the exchange as I'm using and the rest will be safely in my offline wallet.
  21. Centralized coins have the advantage that their supply can be regulated - hence to some extend the price can be controlled. And yes, of course they will survive in the coming days. Ripple and Lumens have been around for a few years now... why would they suddenly die?
  22. Sometimes, the price of a coin goes down while it's in the investbox - meaning that the amount of money you are earning is not keeping up with the devaluation of the coin. I would caution people to use it with care.
  23. Neo and Qtum seem to be doing quite well in the last two days. I've bought Qtum, but the exchange I like doesn't support Neo, so I will pass that up for now. I might buy some in the future.
  24. Whoever predicted this is far off, unless they are a whale and plan to do something incredible in the next 3 days. I still think BTC will fall to about 6k, maybe even slightly lower. I was looking at the graph this morning and it's pattern is very peculiar, but then again, I've always had trouble figuring out what BTC is doing. Most of the other altcoins are easy - but BTC is more confusing.
  25. I think it's certainly got the potential to reach that price, but I'm not sure if it will by that time. It might take longer, or it might surprise us and get there much quicker. I think it will definitely reach 5k by that time.
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