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Showing 20 of 49 results by Rodzz
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Topic
Board Economics
Re: The recent Facebook data scandal is a perfect reminder of why crypto and decentr
by
Rodzz
on 23/03/2018, 02:00:26 UTC
If you study marketing or advertising in general you will learn that data is vital for their targeting. I suggest some of you guys read the filter bubble. Every time someone uses a "free" app or game related to or not to Facebook you give up rights to use it.
For example,
you download FB on your phone. In return you get to use the app but you give up tons of your data to use the messenger app. That data can many times also be requested by 3rd party apps or games. Those apps may not have highly secure data centers as opposed to FB. Even if they did, data is being sold all over the world for fractions of cents for each persons records.  Probably not the best case but regardless if your info is online just assume it's being sold unless you use highly secure stuff. Which there probably is ways like vpn's not being signed into facebook or google etc. while browsing the web.

Anyhow, it is a good reminder of why privacy crypto is the future. At least that little buckets of information won't be tracked or sold on the market like credit card transactions are at the moment to  other  credit card vendors.  Just look at the opt in or opt out forms you get when getting a credit card. You can only opt out of so much...

FB screwed up pretty bad.
Post
Topic
Board Economics
Re: What is your best investment strategy?
by
Rodzz
on 16/03/2018, 03:27:20 UTC
I'm young so I go 50 50 with stocks and crytpo. Excluding pension and 401k monthly reductions from my paycheck. Risky but well worth it. Will only know down the road if it's good or bad.
Post
Topic
Board Economics
Re: Loans too risky?
by
Rodzz
on 08/03/2018, 04:55:41 UTC
Well assuming what you just said, is true, of course giving out loans is risky. It's like you gamble with your money in order to get 1 or 2% on top of it either in short or long terms and with the tendency of losing your money in case the guy who got the loan, doesn't return it. You could by some mining equipment's and contribute to the network as well and see the long term profit if you could manage and balance everything well.
Yes, when have your money lend it really is risky. The risk is much more doubled if you are not so familiar with the person borrowing you. I agree, it can be compared to gambling, if lucky enough you could gain but if not you might lose all including your capital.

Agree with the idea of not lending money to family or best friends if the use of lending money is to make money. Often times you feel bad, or you'll forgive them resulting in you losing money or friendship. Choose wisely it's a risky thing to do.
Post
Topic
Board Economics
Re: If the world uses a single currency
by
Rodzz
on 26/02/2018, 05:46:50 UTC
Honestly, it may happen at some point in time. Not to be a conspiracy theorist but have you heard of the new world order? Having a single currency is included in that theory. Is it BTC?? Who knows but it can certainly fill that gap for many countries.
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Topic
Board Economics
Re: Bitcoin vs Ethereum after 5 years?
by
Rodzz
on 21/02/2018, 05:44:49 UTC
I think bitcoin will be taken out of the lead in 5 years. Will it be ETH??? I doubt it but there is no way bitcoin will stay king in my opinion. It's got to be a faster coin, maybe litecoin or some sort of privacy coin that will be more widely accepted.
Post
Topic
Board Economics
Re: Bringing Crypto to Shipping
by
Rodzz
on 21/02/2018, 05:40:23 UTC
I believe there are few other coins that are aiming similar ideas. There is a trucking one I read about a while back. It was mainly for trucking driving delivery though. Can't recall the name but it had an ICO recently.
Post
Topic
Board Announcements (Altcoins)
Re: EMBERCOIN [X13, POW/POS]
by
Rodzz
on 15/02/2018, 04:28:32 UTC
Update: it's been about a month of staking and I'm up about 1M embercoin with initial 3M. Time will tell if it's legitimate but so far it's been staking great in the stake pool. Even with the cost, much easier than leaving my laptop on.
Post
Topic
Board Altcoin Discussion
Re: PACCOIN (PAC) Mining
by
Rodzz
on 10/02/2018, 04:38:17 UTC
I don't know if it's a scam or not but I would stay away until you hear back from other users or at least other sources that it's legitimate. What's the mining rate anyhow?
Post
Topic
Board Politics & Society
Re: Electric Cars - The future ?
by
Rodzz
on 07/02/2018, 21:29:43 UTC
I thought we'd be closer to this point.  However, since Trump has unfortunately been deregulating many industries in the US. I think it's being stalled for years to come unless Europe somehow changes their mind as well. After watching the VW scandal on  Netflix,  it's hard to believe Germany will  change any laws. Each countries best interest is their citizens and economy.

I've read of folks making cars run on water. Those engineers are hired by car manufacturers and then never commercial anything because there is no money to be made. Business mainly see revenue for change.
Post
Topic
Board Announcements (Altcoins)
Re: EMBERCOIN [X13, POW/POS]
by
Rodzz
on 03/02/2018, 21:42:06 UTC
I've been staking in a pool since 1/24. As of this moment I've staked 405k with a 3M starting balance. That's roughly 13.5 % percent in a week and a half.  Maybe it's a waste of time but maybe it'll pay off in the future since I can't sell them anywhere anyhow in the mean time.
Post
Topic
Board Announcements (Altcoins)
Re: EMBERCOIN [X13, POW/POS]
by
Rodzz
on 31/01/2018, 15:25:19 UTC
Guess what, every single coin who was trading ltc/doge on cryptopia is back on btc market, but only our dear beloved fucking ember is not there? maybe team ember is a scam, not doing anything for this fuking coin. our investment is fuked!

Just pray it'll be alright. None the less, it was a really risky investment. Just wait it out and thinks will hopefully be better.
Post
Topic
Board Speculation
Re: 2018 end of the year BİTCOİN price
by
Rodzz
on 30/01/2018, 16:03:48 UTC
In a few weeks bitcoin make surprises especially for me, bitcoin price drop more than 20 % is not good condition, honestly I hope that Will never happen again, my  predict of bitcoin price Will reach $ 30k in the end of year, I think 30k is possible value..


I think 30 k is a moderate value. Regrdless it is going to hit higher than it's ATH though. Maybe in a few months it'll hit 30k. Bitcoin needs more attention and investors before it breaks 20k though.
Post
Topic
Board Economics
Re: Can Bitcoin also lead to corruption ?
by
Rodzz
on 30/01/2018, 01:55:32 UTC
Any currency can lead to corruption.  The media is going to show it as a corruption currency when in fact USD is widely used in corruption all around the world because it holds it's value relatively well compared to other fiat. I wouldn't avoid BTC for that reason if that is your original thinking.
Post
Topic
Board Economics
Re: Should I stop Buying BTC?
by
Rodzz
on 29/01/2018, 06:58:38 UTC
The way the market is shaping up I would try to keep buying bitcoin. At the moment is well below the ALH. Bitcoin is like gold, its the most popular and accepted crypto. Gold was widely excepted in the ancient days. Keep just a little in case to hedge against risk when trading alt coins.

I wouldn't bet too much though, I think there are a few coins that are more efficient and etc.
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Topic
Board Off-topic
Re: Self-education.
by
Rodzz
on 29/01/2018, 02:38:17 UTC
Certainly you can be a specialist without say a degree. I've seen in the past that some of the coders that are being hired don't even graduate from University's. As long as they are able to code well they can get very high paying jobs. Lots of these guys/girls are self taught through parents/youtube/online forums/etc. Other jobs can be done with the correct self training as well.

This is the new age of education.
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Topic
Board Beginners & Help
Re: How much is 1 bitcoin worth?
by
Rodzz
on 29/01/2018, 01:51:17 UTC
I usually get the price from coin market cap. Keep in mind prices are different in different exchanges which is why it's possible to make arbitrage trades in this market at the moment. The difficult part is being able to have an account to sell or buy at another exchange with a large price difference.
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Topic
Board Politics & Society
Re: what is the definition of success?
by
Rodzz
on 27/01/2018, 16:34:59 UTC
Being happy with your life. Being healthy is key. Having enough money to live you don't have to be rich to be happy. Did you make a change in  anyone's life? If you haven't then that's probably not success.
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Topic
Board Off-topic
Re: Healthy Diet
by
Rodzz
on 25/01/2018, 15:20:56 UTC
Active activity daily - some type of sport
Eat- Chicken, Broccoli, and rice
Drinkl lots of  water
Post
Topic
Board Politics & Society
Re: Banks afraid of cryptocurrency?
by
Rodzz
on 23/01/2018, 18:55:48 UTC
Of course they are afraid. Look up patents by the banking and financial institutions. They are trying to patent ideas as fast as possible to help keep skin in the game.
Post
Topic
Board Announcements (Altcoins)
Re: EMBERCOIN [X13, POW/POS]
by
Rodzz
on 22/01/2018, 00:58:21 UTC
Newbit mistake.. Please help

I downloaded emberwallet and sent coins from Cryptopia a few days ago. Just a little over 3 million coins. Problem is the wallet hasn't synced and won't connect. If I buy a new laptop and I back up the file wallet even though it's empty can would I receive the embercoin?

You are wasting your time and your money for this shitcoin. It's just only a scam coin and we can not see the exchanges for trading it anymore.
so what do you look forward to this coin if there is no trading on the exchanges.? Stay way from this shitcoin now.


Actually I've held on to these for quite a while.  I like the idea of Chartis once this coins get burned. I've actually gotten at least a few 10x returns since I started trading so I won't say this is a shit coin yet. If I put $500 into 10 pots and 3 give me 10x I'm stoked. IF the others only give me 4 or 5X and the other 2 or 3 I lose completely it doesn't matter.

But thanks for the advice I figured it out.