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Showing 20 of 24 results by BrianZAK
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Board Bitcoin Discussion
Re: The One Biggest Lesson you've learnt from Bitcoins Investment
by
BrianZAK
on 23/06/2020, 11:02:40 UTC

Anybody who has already said "Do your own research" has hit the mail on the head. Moreover, dont pay to much attention to Twitter noise. A few people who I introduced to Bitcoin soon went down the altcoin rabbithole listening to other (very convincing) newbies about the next 100x coin. They spent what Bitcoin they had on the, and needless to say, every one of them now wishes they had just HODL'd.
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Board Bitcoin Discussion
Re: The Advantages of Bitcoin Recognized by Land Rover
by
BrianZAK
on 23/06/2020, 10:57:22 UTC

jaguar Land Rover have a dedicated Distributed Ledger Technology team working on projects such as rewarding drivers with crypto for reporting road safety and environmental issues so its not too surprising they would mention Bitcoin in their ad. Its not much but it its a step in the right direction.
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Board Gambling
Re: ♦🎮🎲💹 NITROGEN SPORTS | Simulated Games, Poker, Casino, and more! ♦🎮🎲💹
by
BrianZAK
on 04/06/2020, 11:12:58 UTC

Very slick setup and nice sportsbook. Gonna give this a try later today.
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Topic
Board Games and rounds
Re: Bitcoin gambling contest, giveaways, promotions, freerolls , freespins, freebets
by
BrianZAK
on 04/06/2020, 10:52:18 UTC

Congrats on breaking 1000 subs. Always very interested to hear about new slot games, promotions and which altcoins are accepted where.
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Board Gambling
Re: 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 [Rocket.Run] 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
by
BrianZAK
on 04/06/2020, 10:50:21 UTC

Very nice layout. Are the live baccarat tables down due to Covid?
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Topic
Board Bitcoin Discussion
Re: Ordered "Simple & Elegant Wallet" cards from Bobby Lee - Ballet
by
BrianZAK
on 03/06/2020, 14:40:09 UTC
I got one of these for free after attending an event in Shanghai where Bobby spoke.

People mentioned at the time about security issues with pre-rendered private keys, which were valid complaints that I hope have since been addressed by the company. I will say that it is beautifully made and would make a very nice way to gift someone a modest amount Bitcoin if security fears have been negated.
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Board Bitcoin Discussion
Re: Cryptocurrency crime in Netherlands.
by
BrianZAK
on 03/06/2020, 14:07:08 UTC
Very impressed with the authorities who were savvy enough to catch them. There is a lot of good advice being shared in these answers about how to avoid this happening but we are probably preaching to the choir on this board.

One thing crypto badly needs is more secure, user-friendly apps that make it VERY difficult for scammers to pull this type of thing off. As a former Network Administrator I can confidently say that you cant educate all users to the point of being smart enough to not fall for tricks like this, you have to remove the possibility that they can happen at all, especially when it comes to online finance.
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Board Bitcoin Discussion
Re: Small Investors are losing Bitcoin by Investing in Altcoins?
by
BrianZAK
on 03/06/2020, 13:43:30 UTC
I think "investing" in altcoins and losing money is a rite of passage for most people who have just got into crypto. Its understandable why they would do this. There are plenty of high follower Twitter accounts and such that are shilling their hearts out on projects that they know well are crap. Exploiting peoples greed with talk of 100x's is not that hard. Not to mention the Telegram groups where delusional investors are plugging their shitcoin as the next big thing.

If a crypto user hangs around long enough they will see that the Bitcoin is the value investment. Hopefully they'll also pick a couple of other projects that they  have done their research on, and get involved in them as an investor or contributor.

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Board Trading Discussion
Re: Margin trading. Where to start?
by
BrianZAK
on 02/06/2020, 14:02:41 UTC

I haven't ever tried margin trading with crypto but from experience with Forex I strongly suggest you get yourself a Demo account somewhere and get some practice in with fake money. Its ridiculously easy to get liquidated with margin trading.

If you can keep your head above water for a few weeks actively trading with a demo acount...then you  might just be be ready cautiously try the real thing. Good luck.
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Board Economics
Re: How can a small shop survive in Manhattan,NY with a rent of 5k per month ?
by
BrianZAK
on 02/06/2020, 13:48:52 UTC

Its pretty simple. They wouldn't survive if they didn't have the customers. Also, $5 is very much on the low side for a food purchase in N as is $5000 rent for that matter. Places that arent busy go under regularly. If you could see a time lapse of also any set of business units in any major city over the course of 20 or 30 years you would see just how common that is.
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Board Economics
Re: Foreigners being airlifted by countries but government is just ying to get money
by
BrianZAK
on 02/06/2020, 12:49:34 UTC

$350 was a good deal! I have heard of many multiples of that. The government isn't making any real money off that and they are allocating valuable organizational resources towards it. While it does seem to be a governmental obligation to relocate those who are stranded abroad, I have seen a number of cases where governmental warning were ignored until it was too late and then some irresponsible travelers started with the "woe is me! mayday!" campaigns on social media. Then governments had to spend ludicrous amounts of money to collect these people from their backpacking holidays.

I personally was abroad when the outbreak started, watched how things were going down on the media, made a judgement call and took a timely flight home. I don't see anyone else couldn't have done the same thing.
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Board Economics
Re: Crypto's economic value is surprisingly low :'(
by
BrianZAK
on 02/06/2020, 12:20:33 UTC

Depending on one's perspective, huge progress has been made. Moving from practically being a novelty (desktop mining and buying a pizza for 10,000BTC) to becoming 0.4% of the world's money in approximately a decade is pretty amazing. Bitcoin and blockchain are household names now and there are a lot of great projects are going on with some of the most innovative minds in computer science  putting their weight behind them.

There is much more to come. Imagine what we'll see 10 years from now.

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Topic
Board Gambling
Merits 1 from 1 user
Re: Bitcasino.io — 💜Tips for choosing different games 💜
by
BrianZAK
on 02/06/2020, 12:02:42 UTC
⭐ Merited by LFC_Bitcoin (1)

Appreciate the article. I've been hearing that casino play is way up since the Covid pandemic as people are spending more time than ever online, and hoping to get lucky and win some money while business is slow. Have you guys at bitcasino.io noticed a big uptick in new playership?
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Board Bitcoin Discussion
Re: One mistake and l have lost all bitcoin
by
BrianZAK
on 02/06/2020, 11:52:06 UTC
Your honestly in sharing is commendable. If you were to survey most long term crypto users they would have a similar tale of woe, though hopefully for a smaller amount that you lost. For what its worth, I know numerous people who have lost much, much more.

Look for the positive in this. It was a learning experience, which could end up being more valuable over time than the loss itself.
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Board Beginners & Help
Re: Make sure to avoid wasting BTC for too high fees – step by step guide (Electrum)
by
BrianZAK
on 31/05/2020, 12:09:49 UTC

This is a great guide. A friend of mine who just started using Bitcoin asked me this very question yesterday and I saw this before I got around to writing a guide. Kudos!!
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Board Beginners & Help
Re: New ransomware hits Italy via fake Covid-19 map
by
BrianZAK
on 31/05/2020, 12:03:11 UTC

How low can these guys sink to target frontline workers and the elderly? I expect this to become more widespread very soon as contact tracing apps are being rolled out all across Europe. Hopefully national media outlet will be issuing warnings.
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Board Off-topic
Re: Which company's phone and laptop do you use?
by
BrianZAK
on 31/05/2020, 11:56:59 UTC

Dell Inspiron laptop and Xiaomi phone since I lost my iPhone a few weeks back. Love the Dell, hate the Xiaomi. The hardware is good but the MIUI Android (Chinese ROM) is horrible.
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Board Marketplace (Altcoins)
Re: What’s the opinion about Crypto-game investment?
by
BrianZAK
on 31/05/2020, 11:27:44 UTC
Certainly a good investment. The demographic of games players is, for the most part, the same tech-oriented types who are willing and eager to utilize blockchain. As with all investment, choose wisely.
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Board Marketplace (Altcoins)
Re: Hackers Withdrew $ 25 Million
by
BrianZAK
on 31/05/2020, 11:21:14 UTC

Hadn't heard that this had be returned, excellent news. Unfortunately vulnerabilities like this are still commonplace and could spell potential disaster to otherwise sound projects. Developer should be prioritizing security at every step.
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Topic
Board Bitcoin Discussion
Re: The Reasons Why I Have Lost 50% Of Bitcoin
by
BrianZAK
on 30/05/2020, 13:43:30 UTC
Believing the hype about tons of altcoins, plus "trading" without having any clue what they're doing (no stop loss?!) are the two biggest "taxes" on newbies entering this space, and in investing in general. Penny stocks, Forex, they are minefields for the newcomer. Hopefully you will have learned your lesson and move accordingly.

If you have friends entering the space, share your experience. Each one, teach one.