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Merits 13 from 4 users
Re: [Interviews] with Bitcointalk members
by
irfan_pak10
on 12/11/2020, 18:43:12 UTC
⭐ Merited by LoyceV (8) ,Indymoney (2) ,DdmrDdmr (2) ,JayJuanGee (1)
Thank you for providing me the opportunity to write about something which I would love to share with the community.

1. When and why did you become interested in cryptocurrencies?
In early 2014 days, I have been wandering around the internet and found a giveaway launched by coinbase, they were giving away free BTC by just joining, After joining that I searched more about it and found about this forum and after spending some time on this forum I started liking it and also it turns out to be a nice earning source. This is all how I became interested in this Ferrari (crypto)

2. When and why did you buy your first bitcoin?
Never, I was good at luck, within 2 years in the crypto industry I made much, That I never felt the need of buying them.

3. How did you get on the forum?
In your first question, I gave the answer about how I came across this forum. I am really happy to be part of this community. And very happy that I have joined this forum that early.

4.1. What prevents mass adoption of cryptocurrencies?
There are always pros and cons to everything in the world. People at the start of every new thing are always reluctant to adopt it. If we talk about the early days of the human race, people use to trade things to buy necessary items, After that coins took over people started using the coins to buy those items, and many people oppose it. Similar after coins paper money came in and many people opposed that too, and after paper money plastic cards came in and the same things happen to it, In my country, people still are reluctant to use the plastic card. And now is the era of digital currency, I think as it is in the early stages it will be adopted but it will take time.
I am reading that digital currency can be used to fund terrorists, money laundering and etc. My question is how terrorists are funded nowadays? How money is laundered these days? These are just excuses which all will vanish after 10-20 years.

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?
In my opinion, if someone wants to gamble, he/she will gamble, there are no advertising factors involved. But Yes! If someone wants to gamble why not advertise about different gambling sites so that both parties can benefit.

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?
Both factors involved, To be expert in something one needs both experience and education about that field.

4.4. I see a decrease in activity in many local boards. What do you think needs to be done to develop activity in local boards?
It might be due to the merit system, Where I believe more merit sources are required so people again started taking an interest in making quality content.

5. What do you think of the current Merit system and signature campaigns?  Do they harm the forum?
Big No. I have seen many forums, after some period their activity started going down, and eventually they vanish, as it’s human nature that he loses interest in something where he isn’t getting anything in return. Pleasure is for time and where the money is involved, how one can refuse?

6. The most useful forum topic? Most helpful users?
Since when the merit system is introduced most people started posting many useful topics and they become very useful.

7. 3 things you would implement on the forum?
Nill

8. Do you trade on exchanges or invest in projects?
I used to invest in projects but since most of the projects are a scam, I started trading on exchanges.

9. Tell a story about your big profit or big loss?
There are many but there is one which I use to tell most. Once I had an opportunity to trade coins which just jumped from 0.3$ to 6$, But due to some reasons, I thought it will go to 10$, and didn’t trade it. But it started going down and down, and I loses hope and exchanged them at 0.2$. If I trade them @6$ I could have made $0.8m. But whom to blame :p

10. What do you think about the DEFI ecosystem?
Another way to make money. As IEO era is also at its verge of end.

11. Is your anonymity a vital necessity or precaution?
Precaution.

12. The last cryptocurrency book you read?
Never read any.

13. Advise 3 cryptocurrencies/tokens for investment in the next 1-2 years?
I always suggest the top 10.

14. How much will Bitcoin cost at the end of 2020?
2020 is ending soon and I think it will be ~$14k

15. P.S. (Optional)
I love being part of this great community. And more power to the digital era.