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Showing 20 of 36 results by DevelopFI
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Topic
Board Bitcoin Discussion
Re: How did you first hear about bitcoin?
by
DevelopFI
on 06/03/2017, 15:33:31 UTC
I think I googled "How to make money online" or something like that back in 2011.  I saw BTC faucets recommended and looking into it. Shame I didn't keep following BTC after that.
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Topic
Board Economics
Re: I have 12 BTC in my Account, How should I invest this??
by
DevelopFI
on 06/03/2017, 15:31:18 UTC
50x leverage Long on Bitmex, you'l be rich if ETF gets approved.

Just kidding, probably the best thing to do is to hold long term. (if you believe BTC has a future, if not you probably wouldn't have bought it.)
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Topic
Board Economics
Re: Let's Be Honest. We Are Waiting for $100/BTC to buy
by
DevelopFI
on 06/03/2017, 15:29:30 UTC
I don't think that price is ever possible to achieve in near future as bitcoin will never go that low now and in fact it will keep on increasing from now so its good not to waste your time hoping to buy at that price as that day will now never come and if you want to buy then buy it now as every day is a good price to buy bitcoins if you can hold it longer.

We don't know how much of a bubble the ETF hype is. It very well could crash below $500 again and then bounce back slowly in case ETF is declined.
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Topic
Board Economics
Re: Tell me your predictions about Bitcoin
by
DevelopFI
on 06/03/2017, 15:26:58 UTC
ETF approved - $2000-$3000 in the short term. Continues to clim as more and more money comes in.
ETF declined - $800 within a week. Slow climb from there on until the next hype bubbl

Either way, in the long term BTC has everything it needs to reach $10k so you keep HODLing.
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Topic
Board Altcoin Discussion
Re: Do you think "iamnotback" really has the" Bitcoin killer"?
by
DevelopFI
on 06/03/2017, 15:21:22 UTC
Even if he made a vastly superior coin to BTC it wouldn't kill it. BTC has had to much time in the public eye for any other coin to overtake it. In the future, with more people involved, we might see a shift to a better coin but for now, BTC is untouchable.
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Topic
Board Altcoin Discussion
Re: Stay away from ICO
by
DevelopFI
on 06/03/2017, 15:19:13 UTC
Similarly to Forex, only the top 1% makes profits in the long term. To get there you have to gain experiece and sll the knowledge you can find. Same thing with ICOs, the top 1% makes money because they have the skills requiered to analyze coins and find the best ones.
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Topic
Board Speculation (Altcoins)
Re: My Speculation Thread (Charts and Analysis Included ;))
by
DevelopFI
on 06/03/2017, 15:16:02 UTC
Long term most alts have no future. Some of them found their niches (banking,gambling,darknet) and such altcoins may survive.
Ask yourself, how will our financial system look like in a 100 years? I find it unlikely there will be thousands of different coins that are not bound to a country. Having one currency (be it BTC or something else) is vastly superior.
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Topic
Board Speculation (Altcoins)
Re: What are the most promising Altcoins of 2017 and how to get them?
by
DevelopFI
on 06/03/2017, 15:11:49 UTC
KOMODO, Decred, Augur.
I use poloniex and cryptopia.
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Topic
Board Speculation (Altcoins)
Re: Do you think Ethereum could break $1000 as well?
by
DevelopFI
on 06/03/2017, 15:09:36 UTC
It could. But it probably wont. It would have higher marketcap than BTC with almost no use. Bitcoin has a lot of merchants behind it and has been in a public eye for a long time. Any other coin will struggle to gather any kind of popularity for the forseeable future.
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Topic
Board Speculation (Altcoins)
Re: ICOs worth investing
by
DevelopFI
on 06/03/2017, 15:06:32 UTC
A lot of people spamming their shitcoins and even leaving their avatars/signaturers on. Be careful with such recommendations, especially if you know nothing about the project and the name doesn't get thrown around often. Some of the more known current ones are Qtum and Chronobank, both have good things going for them. Still, research them yourself.
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Topic
Board Exchanges
Re: Beginners Guide on How to Margin Trade - Bitfinex Tutorial
by
DevelopFI
on 28/02/2017, 16:10:37 UTC
Thanks for the guide. We need more of this in the community. Also a place where someone would filter the best of them so there is no misinformation spreading.
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Topic
Board Economics
Re: Worst bitcoin decision you've ever made?
by
DevelopFI
on 28/02/2017, 16:08:48 UTC
Quitting BTC when i first started looking into it in 2012. Any investment back than would beat almost any other form of investing.
Post
Topic
Board Economics
Re: Is trading just educated guessing?
by
DevelopFI
on 28/02/2017, 16:06:49 UTC
I often see the mentioned that only 1% of forex traders manage to make profits for a long period of time. What this shows is the fact that while it IS possible, it isn't as easy as a lot of people would have you believe. Only the best of the best earn enough to live off and it takes years to get to that point.
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Topic
Board Development & Technical Discussion
Re: Bitcoin Coding tutorials
by
DevelopFI
on 28/02/2017, 16:02:11 UTC
I saw Andreas Antonopoulos's book Mastering Bitcoin talked about. Just started reading it, so far it seems good.
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Topic
Board Bitcoin Discussion
Re: Anyone else hopes the ETF does NOT pass?
by
DevelopFI
on 28/02/2017, 15:57:32 UTC
Yeah, for my personal gain it would be the best if it got delayed for a couple of years. But it getting approved is what is the best for Bitcoin and that's enough for me. Hopefully it only gets to 1400-1500 and not anything crazy like a lot are speculating.
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Topic
Board Project Development
Re: Topic- How can we eliminate ICO's and Pre-mines?
by
DevelopFI
on 19/02/2017, 10:54:35 UTC
There is nothing inherently wrong with ICOs.
You are investing based on your trust in the developers of the coin. Sometimes you misplace your trust and lose your investment. It is a good way to get good projects of the ground, just make sure you do research beforehand.
Also, I do agree that a certain percentage of transaction fees should go towards future development.
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Topic
Board Development & Technical Discussion
Topic OP
Is developing your own Wallet safer?
by
DevelopFI
on 19/02/2017, 10:39:07 UTC
Would developing your own Bitcoin Wallet be safer than using known ones like Electrum? It would obviously be much simpler, with no GUI, worse overall security but no one could get their hands on its source code. I have enough programming experience myself to make it but I'm wondering if it even makes sense to do so.
 Thank for your help!
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Topic
Board Bitcoin Discussion
Re: How would you store >100 Bitcoins?
by
DevelopFI
on 18/02/2017, 16:25:12 UTC
One hardware wallet like TREZOR that has the majority of my assests and one mobile one with a smaller amount just for daily use.
Post
Topic
Board Bitcoin Discussion
Re: Is CHINA CONTROLLING Bitcoin?
by
DevelopFI
on 18/02/2017, 16:17:24 UTC
Seems to be impossible to know until "they" actually make a move. We saw how unsuccessful their recent dump was but we don't even know how united/divided they are.
Post
Topic
Board Economics
Re: Bitcoin or gold?
by
DevelopFI
on 15/02/2017, 18:14:38 UTC
Gold isn't this stable commodity with a lot of intrinsic value people are pushing for it to be. Anything that can triple its price in 10 years can lose it just as fast. I'm not saying BTC is any better, there are no "safe" investments.