Search content
Sort by

Showing 20 of 99 results by Venik
Post
Topic
Board Bitcoin Discussion
Re: Is Trump About to Make Bitcoin the US’s Secret Weapon?
by
Venik
on 19/07/2024, 13:11:26 UTC
Doesn't seem like a secret at all when he's talking about it everywhere and going to Bitcoin conferences.
Post
Topic
Board Altcoin Discussion
Re: Have you been profiting from memecoins?
by
Venik
on 13/07/2024, 09:08:41 UTC
Yeah, I sold DOGE at a profit, but I held it for a couple of years. Now I'm playing Hamster Combat since it's free, I think I might get something. Even if I don't - I didn't spend money or too much time on it.
Post
Topic
Board Bitcoin Discussion
Re: What about the lost BTC?
by
Venik
on 22/06/2024, 12:11:27 UTC
Compensating lost BTC risks altering Bitcoin's finite supply, potentially undermining its principles and causing controversy.


Well, it might risk it if it was possible. But lost BTC can't be recovered.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Has Never Been A Scam.
by
Venik
on 04/06/2024, 08:13:21 UTC
Well if you ask anyone who says bitcoin is a scam, how bitcoin works, they have absolutely no response because they have absolutely no clue how it actually works.  I remember when people use to say this to me all the time back in the 2015/16/17 days.  My first question to them would always be "Okay, do you know what the blockchain is, or can you explain how it works"..never once was any single one of these persons able to do so.  So, there's really just a lot of noise out there.

Not really. I have met some people who say Bitcoin is a scam and they do know how it works. They know even more than the average BTT user. They know the hashing work in building blocks, the know the nature of the code, stuff like that, but they started out calling BTC a scam because they thought the founder was maybe honeypotting for the CIA or similar Wink

Lol, that's interesting, I've never faced people like that. But what difference does it even make who Satoshi is? BTC works without him, it's and open book.
Post
Topic
Board Altcoin Discussion
Re: Rethinking Memecoins: A Potential Gateway for New Investors?
by
Venik
on 02/05/2024, 06:31:45 UTC
Memecoins may be a gateway, but also can make people never touch crypto again. It's an unpredictable and chaotic market, even more than the regular altcoin market.
Post
Topic
Board Altcoin Discussion
Re: Stepping into the Future of Gaming!
by
Venik
on 18/04/2024, 05:56:17 UTC
Well, these are definitely paths for the future of gaming, but what exactly are you trying to say? And what does it have to do with crypto? I mean, most crypto games are just boring online games that can help you farm their tokens or coins, but don't have anything to do with an actual interesting gameplay.
Post
Topic
Board Bitcoin Discussion
Re: Do we really need to blame fraudsters
by
Venik
on 11/04/2024, 08:21:04 UTC
~
If more people realise that decentralized systems isn't like a banking or centralized system were you can go and report a transaction and they seize the persons money or track the person( although its possible if they are not smart enough) then you would be more careful when doing deals here.

Absolutely. Bitcoin transaction cannot be undone. I would like to draw attention to the virus that has caused a lot of losses recently. It infects you computer and does nothing except it waits until you make a transaction and it changes the address you just copied to another one. Please, guys, double check what you are pasting.

Didn't hear about it, it's actually kinda scary. I'm always double checking my transactions since it's irreversible, but now I got one more thing to care about, lol.
Post
Topic
Board Altcoin Discussion
Re: Selling BTC for Alt Coins?
by
Venik
on 21/03/2024, 03:30:02 UTC
I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.


I prefer to do otherwise, sell alts to buy BTC. Not fully, usually, some part I spend on something, and some part goes into Bitcoin. Because it's the only coin I can trust in the long term.
Post
Topic
Board Altcoin Discussion
Re: OMNOM on Dogechian
by
Venik
on 09/03/2024, 06:13:42 UTC
Do what you think is right, but I'd just take profits. Memecoins are not really good options for the long term. You already witnessed it going down, you can't be sure that it will keep pumping.
Post
Topic
Board Altcoin Discussion
Re: Investing in meme coins is worthy or not?
by
Venik
on 29/02/2024, 08:06:34 UTC
Well, it was finally worthy for me to buy DOGE. I've been keeping it for a couple of years and today I sold it for profit. Now I'm not gonna touch memecoins ever again.
Post
Topic
Board Bitcoin Discussion
Re: You should use a 12 or 24 words seed phrase ?
by
Venik
on 17/02/2024, 06:32:43 UTC
24 is obviously more secure, but harder to keep. You can recover 12 words, if you have a part of your seed phrase and you remember it, or if words are rearranged. Can't imagine that with 24 words seed phrase.
Post
Topic
Board Altcoin Discussion
Re: Bitnet is for All.
by
Venik
on 16/02/2024, 15:19:38 UTC
That's not much to share, to be honest. You could at least explain what it is or ask some questions about what people think about it.
Post
Topic
Board Bitcoin Discussion
Re: MAJOR EXCHANGES BINANCE AND BYBIT HACKED
by
Venik
on 08/02/2024, 15:12:44 UTC
Another reason why you shouldn't keep your coins on an exchange. That's bad, but I don't really care.
Post
Topic
Board Altcoin Discussion
Re: How to avoid getting rugpulled
by
Venik
on 01/02/2024, 12:29:10 UTC
Well, that didn't help with FTX and LUNA crashes, but this definitely can help with most coins and tokens. I'm simply buying coins that were tested over time.
Post
Topic
Board Bitcoin Discussion
Re: If satoshi shows he has still controll of all of his coins what would happen ?
by
Venik
on 25/01/2024, 07:49:00 UTC
No one knows. I can only assume that it will make huge impact on the price, but I don't know if it would be positive or negative.
Post
Topic
Board Altcoin Discussion
Re: Have you holding any gaming based altcoins?
by
Venik
on 22/01/2024, 12:10:02 UTC
Not planning to buy them, to be honest. I'm not so sure that this section will pump great. Too risky IMO.
Post
Topic
Board Bitcoin Discussion
Re: What would happen if Bitcoin Mining algorithm changed to GPU and CPU only?
by
Venik
on 12/01/2024, 06:03:13 UTC
It's almost impossible to mine BTC on GPUs nowadays. I mean, it's possible, but computing power is not enough, and miners won't get any profits, the mining is too slow and expensive.
Post
Topic
Board Bitcoin Discussion
Re: Someone just sent 26 BTC to genesis block address
by
Venik
on 06/01/2024, 13:06:12 UTC
Yeah, I've seen that already. I wonder if it's a mistake, donation or we're gonna witness something interesting soon.
Post
Topic
Board Bitcoin Discussion
Re: Another year is going to end. Bitcoin isn't dead
by
Venik
on 27/12/2023, 05:09:58 UTC
It's strange that so many people want death of bitcoin. I don't understand that haters
Well, it's their own opinion. Some people who are saying this are those people who missed the train.
Some people are telling this to spread negative to Bitcoin hoping Bitcoin will dump and that's the time they will do their entry.

So for me, this will continue even Bitcoin will reach further prices in the future, it will not stop.


It will never stop because people want to be right, not to face the truth. It's impossible to convince them.
Post
Topic
Board Bitcoin Discussion
Re: Should I buy bitcoin ETF now?
by
Venik
on 18/12/2023, 11:34:31 UTC
I'd say that it's better to buy BTC itself. But it feels kinda strange to see someone asking stuff like this when they have $4,626,720.67.