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Showing 20 of 632 results by Dapper
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Topic
Board Bitcoin Discussion
Re: In 10 years from now a quantum computer
by
Dapper
on 22/07/2019, 04:46:54 UTC
Now that's the kind of system I want to play Halo on.   
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Topic
Board Bitcoin Discussion
Re: You don't loose if you don't encash
by
Dapper
on 22/07/2019, 04:43:00 UTC
The original statement isn't always true.  

True, profits or losses aren't realised until you sell, but holding and never selling doesn't guarantee not realising a loss either.  Ask anyone who has held stock (without selling) of any bankrupt company, or even plane tickets of an airline that has gone bankrupt.   Or even in crypto, anyone who HODL'ed any of hundreds of alt coins whose charts have ONLY gone straight down after a small initial climb to sub .000X since their inception.   There comes a point with some assets where you no longer have a choice of selling as the asset in question has already pancaked.   It's like saying you won't crash into the ground if you don't parachute out of the plane first.   

That said, this isn't FUD... I both HODL and trade, but do disagree with the original statement.  
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Board Bitcoin Discussion
Re: Is Bitcoin so valuable just because it was first?
by
Dapper
on 20/07/2019, 04:22:58 UTC
It's valuable because of CURRENT consensus.  Not just because it was first... ask Kodak or Xerox or the betamax.   It doesn't mean it will always be the most valuable either, just ask Yahoo, Blockbuster, Pan Am, etc...
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Board Bitcoin Discussion
Re: Why don't US gov buy a trillion worth of bitcoin?
by
Dapper
on 17/07/2019, 03:56:25 UTC
They already can't afford social security for its own citizens, I don't think they can afford to go on a shopping spree.
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Board Bitcoin Discussion
Re: How to safely store big amounts of BTC?
by
Dapper
on 16/07/2019, 15:17:14 UTC
Air gap your devices and don't use them for anything (no email, no texts, chat, etc.... nothing in so there is no malware link possibility) but btc storage.    On the rare occasion that you connect (to move coins in or out), use a VPN.   You should already be using a VPN full time anyway.    
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Board Bitcoin Discussion
Re: USA Government Adopting Crypto?
by
Dapper
on 16/07/2019, 03:24:46 UTC
Regardless, it's a completely incorrect and misleading use of the word 'adoption.'   It's like saying, there are millions of hungry Africans.   That does not mean we are going to adopt millions of hungry Africans.   It merely means we "acknowledge" that they exist.   
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Board Bitcoin Discussion
Re: USA Government Adopting Crypto?
by
Dapper
on 16/07/2019, 02:46:05 UTC
Someone needs to look up the word 'adoption' in the dictionary.  It's the same for those folks who don't know how to use the word 'pump.'
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Topic
Board Bitcoin Discussion
Re: The true value of your mobile in Bitcoins
by
Dapper
on 14/07/2019, 15:38:40 UTC
Um, 42?

(Hitchhiker's guide to the galaxy)
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Board Bitcoin Discussion
Re: Simple and undeniable proof that Bitcoin is a scam
by
Dapper
on 14/07/2019, 11:09:34 UTC
Everyone is entitled to their own opinion.   Look at all the people who think that XRP, BCH, PAX, etc. are the future of crypto.  LOL.
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Board Bitcoin Discussion
Re: Do you like to see Bitcoin prize stable between 10K-20K?
by
Dapper
on 13/07/2019, 04:02:10 UTC
I would be happier with more stability.   If it's to be viewed as digital gold, then you can't have it's value fluctuating all over the board like this.   Sure, I'd like 5X, 10X, or 100X my current holdings, but what it has done already is a dream come true. 
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Board Bitcoin Discussion
Re: The only safe haven currency is Bitcoin
by
Dapper
on 11/07/2019, 07:12:48 UTC
It is a wonderful safe haven currency.   But it's important to remember still not to have all of your eggs in the same basket.   
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Board Bitcoin Discussion
Re: Serious question about Bitcoin. Is it a reliable and stable investment?
by
Dapper
on 08/07/2019, 14:03:24 UTC
Not stable or reliable at present.   It's an ideal investment opportunity (and much less so than 7-8 years ago) if you have no or low debt, have your home paid off, have other investments and other passive income.   It's not good idea if you don't have other non-crypto investments.   
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Board Bitcoin Discussion
Re: What Makes Bitcoin Valuable?
by
Dapper
on 08/07/2019, 05:16:54 UTC
The market.   The same reason why advocados and BMWs have particular market prices as well.
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Topic
Board Bitcoin Discussion
Re: Is 1 Bitcoin equal to half million USD?
by
Dapper
on 08/07/2019, 04:00:49 UTC
$11,000 is already a dream come true.   No need to be greedy.
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Topic
Board Bitcoin Discussion
Merits 2 from 2 users
Re: Peter Schiff "Now all I have to do is HODL and when BTC Moons to 1 million....."
by
Dapper
on 07/07/2019, 01:04:32 UTC
⭐ Merited by WhyFhy (1) ,pooya87 (1)
Best to have a balanced portfolio.   I've been into crypto for 9 years and despite wonderful gains (and way better gains than any other assets I hold), I still advise balance.   Never be all in.   Balance between stocks, fiat (and a wide basket of currency while in fiat), real estate AND crypto.   
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Board Bitcoin Discussion
Re: Cash out after having investment trippled in bitcoin!
by
Dapper
on 04/07/2019, 07:51:32 UTC
There's always hold AND trade as well.   You don't need to sell everything.     If you believe it will keep going up... put away .X, X, XX, or XXX or more coins that you never touch.   Trade with just whatever number you are comfortable with. 

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Topic
Board Bitcoin Discussion
Re: Anything can be bought by Bitcoin?
by
Dapper
on 04/07/2019, 06:56:31 UTC
As long as you can use it to store value and can readily convert it to fiat, it's all good.    I can't use gold bars or Microsoft share certificates at my local Best Buy either. 
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Board Legal
Re: about exchanges kyc withdraw!
by
Dapper
on 03/07/2019, 03:38:35 UTC
It seems shady but from the exchange point of view, it's a cost issue.   It's the same thing with real world banks.   They break up KYC into tier levels.   If you're just putting pocket change with them, it's not worth the cost to process your KYC documents apart from basic identity requirements.   It's much more cost effective to KYC (with more in depth requirements) higher net worth customers.  
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Board Bitcoin Discussion
Re: Every time I sell Bitcoin pumps... Has BTC been good or bad for You???
by
Dapper
on 03/07/2019, 03:35:12 UTC
It's been very good for me.    The key has been cold storage of coins that I never touch.   It's no different than keeping fiat cash reserves in the bank or holding on to blue chip stocks that you don't touch.    I only sell coins acquired through profit from selling coins in the previous cycle.   
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Board Bitcoin Discussion
Re: How Many People Are Really Trading Cryptocurrency?
by
Dapper
on 02/07/2019, 13:42:33 UTC
I am for sure.   As for everyone else, who knows?