I think one of my regrets was not to buy more coins when the price was $300+ when I bought for the first time and also not to sell more

when the price hit the ATH in 2017. I could have paid off my property and I would have been debt free, but I thought it would go much

higher and I hoarded a lot longer. The second regret might still count in my favor in the future, if the price goes past the previous ATH, but

for now, it is still one of my regrets. 

The thing is, you have to make mistakes to learn from your mistakes. You can warn people about the dangers of Ponzi schemes and also the risks associated with Alt coin trading, but there is no guarantee that they would listen to you.

We all followed a similar route on our journey, because we are all human. Greed is part of our lives, so once you get a taste of Crypto currencies you are driven to accumulate more and more and you sometimes take bad decisions because it looks like the quickest way to get to that next coin.  

There are no quick way to become rich, you have to work hard and be smart to reach your goals.

I was watching this video on Youtube and my attention was immediately drawn to the BTC Casascius coins used in these Coin pushers.

What a disappointment must it be for someone to go through all the trouble to win these things and then to find out that it is only worth a

couple of dollars. See this pic --> http://prntscr.com/s84dqq and this video ---> https://www.youtube.com/watch?v=MigTODRl64g

I think it will be a great idea for someone to actually start a Coin pusher with actual bitcoins (paper wallets) to introduce people to Bitcoin.

A video like this will go viral if one of the Paper wallets actually contained a full bitcoin and people actually won a few thousand dollars

worth of bitcoins.

If you own an arcade or one of these machines, please try this idea and let's see if it actually takes off.    I do not know what the legal

limits are for these machines, but it will be better than having worthless Casascius coins in there. 

Just think about it a little. 

You know that whatever happens with your government controlled investment, you will have a safety net from that government. History has shown us how governments have bailed out Banks and/or injected millions or even Billions of tax payers money into economies to protect it.

They are printing Trillions of Dollars to reduce the impact of this Covid-19 virus on their local economy and they are doing this with money that was supposed to go to critical needs. (Public Health care / Social grants for unemployed people etc.)

Did Bitcoin get any support from governments when Stock markets plummeted lately? No, because Bitcoin is seen as the enemy. 

We relish in the fact that Bitcoin is not supported by the injection of slow poison from these governments, because this cannot be sustained indefinitely. At some stage we will see that taxes would not be enough to save Banks and/or local economies. Companies and individuals can only pay so much taxes, until they go bankrupt.

It is only smoke & mirrors to postpone the inevitable collapse of the global economy. Will Bitcoin then be seen as a real safe haven or will it be too late? 

Also MintDice Signature Campaign is CFNP 

I do not understand how people can still trust anything connected to Gold as an investment? We have seen in the past how governments

outlawed the ownership of physical Gold and how other rogue governments confiscated Gold. We have also seen how governments

have lied about the Gold they have in reserves and how Gold bars have been faked. (Lead core with a thin layer of Gold on the inside) 

I just do not trust anything associated with Gold investments, because it is all smoke and mirrors. 

When you listen to these influencers and celebrities you can quickly spot who actually knows something about Crypto currencies and who

simply follow what is said in the mainstream media. Elon Musk is one of those people who actually know what he is talking about, because

he has his roots in the payment system development scene. So, when he gives his opinion on Bitcoin, you can take it more seriously than

people like Warren Buffett or Mark Cuban.    Some of what he says makes sense, but the legal/illegal angle is just flawed. (Fiat is still

used the most for illegal activities.)  

Username: Kprawn
Post Count: 9234
BTC Address : bc1qnzlgecgpwwm3dm73xrvm4jfl0jtdm4sdf0kaz3

Signature : Active

This is hardcore miners porn! What is the noise like in a setup of this size? I see a camper back there, so someone is obviously living there, or is that just a office, for 24/7 monitoring?

Kewl setup. Thanks. 

Username: Kprawn
Post Count: 9233
BTC Address (must be SegWit): bc1qnzlgecgpwwm3dm73xrvm4jfl0jtdm4sdf0kaz3

My account registration has nothing to do with this. I bought bitcoins when the price was around $300 and I made very good profits on

those coins. My friends saw this and they wanted to do the same, so I showed them what to do. Unfortunately most of them did not

listen to my advice to buy low and sell high, so they jumped in at the ATH in 2017. I do not blame myself for their mistakes, because I

gave them good advice at the time, they were just greedy. (I even softened the blow to some of them, by covering some of their

losses, with some of profits that I made in previous years.)


There is nothing wrong with my screen.    It is just the way I post. I hate a wall of text and it just makes it easier to read.  


I never sold myself as a financial advisor, just the Bitcoin guy with more knowledge on the subject. I always tell people to remember

that Bitcoin is not an investment, it is actually a currency. If you want to use it as an investment, then you will have to see it as a

high risk/long term investment. I am more than willing to help people to avoid the scams and to give advice on how to buy and sell

bitcoins in a safe environment and not to give them advice on when to buy.  

Now, this might sound strange, but a few years ago Bitcoin was doing very well and people sat up straight and Bitcoin grabbed their

attention. (Around 2017 when the Bitcoin price reached it's all time high of around $18 000 per bitcoin.)  Many people started to take

Bitcoin seriously and they thought it would go mainstream soon.


I was one of them and I told that to everyone that took the time to listen and some of them did. A lot of my friends bought bitcoins at

the all time high, believing that the price would skyrocket to $20 000 or even $50 000 per coin. As you know this did not happen and the

price dropped with more than 80%.

Since then a lot of us Bitcoiners became the laughing stock and the butt of the joke for the people who were too scared to take the

risk.

I hope we can prove them wrong and that we can turn this around in 2020 and have the last laugh, but I hope this is not too late for

the majority of my friends who are holding on with the tip of their fingers. 

Ok, here is my take on this.

When I had to make the decision to join the Crytotalk signature campaign, I thought it was a good idea to promote another Crypto currency based

forum that would also support Bitcoin. The thinking was that the more platforms we have to discuss Crypto currency related material, the better for the

 whole community.

I was away from home for a funeral, so I did not not even know about the recent changes, but when I got back I saw what was happening and I

immediately saw that something was wrong with the new campaign that we were suppose to support.

I did not signup to promote anything other that a new platform for Crypto currency talks, so I removed myself from the campaign. I also feel it is

unethical to do such a campaign flip. If you want to start a new campaign, you should close the old campaign and start a new one.. not piggy back

onto the old campaign.

This looks like a long con, where you pull people in with a legit campaign and then swap to something illegal, once they are hooked.  I am not a fish,

because I can think for myself, so I made the right decision to exit this campaign.

I judge not on the fact if this new campaign is a Ponzi or not, but in the way this was done. yahoo62278 should also not be blamed for this, because

he was also snake oiled into this. (He also tried to do the right thing to manage the spam)  

Ok, here is my take on this.

When I had to make the decision to join the Crytotalk signature campaign, I thought it was a good idea to promote another Crypto currency based

forum that would also support Bitcoin. The thinking was that the more platforms we have to discuss Crypto currency related material, the better for the

 whole community.

I was away from home for a funeral, so I did not not even know about the recent changes, but when I got back I saw what was happening and I

immediately saw that something was wrong with the new campaign that we was supposed to support.

I did not signup to promote anything other that a new platform for Crypto currency talks, so I removed myself from the campaign. I also feel it is

unethical to do such a campaign flip. If you want to start a new campaign, you should close the old campaign and start a new one.. not piggy back

onto the old campaign.

This looks like a long con, where you pull people in with a legit campaign and then swap to something illegal, once they are hooked.  I am not a fish,

because I can think for myself, so I made the right decision to exit this campaign.

I judge not on the fact if this new campaign is a Ponzi or not, but in the way this was done. yahoo62278 should also not be blamed for this, because

he was also snake oiled into this. (He also tried to do the right thing to manage the spam) 

Who is Crag Wright... another imposter?  If you cannot even spell his name, how would you know that he is right?  

I see a lot of people saying that we should just ignore him and not give him more attention than he already gets, but I think that thinking is flawed.

We should challenge every thing he says, because even if an idiot says something, it does not make it right.

Highlight all the lies and expose him for the liar he is. Do not leave him to do more damage than what he already did.  

The same thing happened in other countries with hyperinflation. In Zimbabwe the price of Bitcoin was almost 100% higher than it was in other

countries, because there was a higher demand on the local exchanges than on other global exchanges. The price of Bitcoin is not the same in all

countries all over the world, because the Bitcoin price are determined by using the Bitcoin price on local exchanges. This also happened in Greece

when they had problems with their local economy. 

“Bitcoin is only worth what people are willing to pay for it” - Makes you think of those $10 000 000 paintings out there... right.  

“Bitcoin has no intrinsic value” - So if you cannot see it or touch it, it has no intrinsic value? - Can you touch the credit on your credit card?

“99% of the population finds it hard to use Bitcoin” - The Millions of users on Blockchain.com and Coinbase will differ from you.  

“Gold and Bitcoin won’t save you from a depression” - Yes, but you can store your wealth until things returns to normal or you can use Bitcoin to

pay for things and not having to count on failing fiat currencies.  

Mark Cuban like to be the guy that know it all and he is always right, because he is super rich and that somehow gives him the impression that he

can tell other people what to do and what they must invest in.  

One thing we should always remember is that Bitcoin cannot solve problems with governments. The Venezuela's government f%^^&ed up the local

economy and hyperinflation is killing the local currency. Today you can buy 3 bottles of milk with say 1000 Bolívar and within a couple of hours you

can only buy 2 bottles of milk. So what do you do... you shift your Bolívar into something that would protect the value of your local currency, so

that you can buy 3 bottles of milk with it, even after the value has dropped. The Bitcoin price gradually goes up, so you get even more milk for the

bitcoins that you bought before. 

Regulators do what regulators do, make stupid regulations that regulate people who wants to be regulated. Did regulations stop internet piracy? No,

it just got worst when the regulators got involved. They took one Torrent site down and 20 popped up in it's place. What do you think will happen

when they start going up against Crypto currencies? You will see more anonymous (decentralized) technologies and it will even be more difficult to

take them down. Making something illegal, does not stop it, it just gets more attention and more people using it. 

So, watching the price of Bitcoin going down, made me think of reasons why this might be happening now.    I saw the news of the Chinese

scam and the coins being liquidated, but that sounds like a lame excuse for the price going down. A better reason might be that people are selling

coins or using coins to buy Xmas gifts. Let's be honest, it is that time of the year and people are going on holiday, so they need to dive into their

Bitcoin hoard to pay for that and also some Xmas gifts. 

                                  Are you using your coins to buy Xmas gifts and to pay for your holiday expenses?