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Showing 20 of 58 results by niktuneable
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Board Bitcoin Discussion
Re: Do you keep your coins physically secure?
by
niktuneable
on 30/08/2018, 17:22:50 UTC
What you say is completely true, there are a lot of risks when it comes to storing crypto. What I do is just to write down my private key on a paper, but I just don’t write it exactly as it is, I change some letter/numbers with another ones, then I store that paper in a place that I consider secure. There are several ways to reduce risks near to 0, but it is imposible to be 100% secure no matter what we do.   Grin
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Board Bitcoin Discussion
Re: This guy has lost 103 Bitcoins
by
niktuneable
on 30/08/2018, 17:08:52 UTC
Well, when he lost all these bitcoins they probably were pretty cheap being able to buy them, but what you said is true, seeing that huge amount of money on limbo and think that BTC were mine is just sad. I hope that guy mined more BTC or bought some when price was ridiculous cheap. And like he, there are many people in the same situación and some with quantities above thousands of BTC.
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Board Bitcoin Discussion
Re: Samsung is going to accept Bitcoin
by
niktuneable
on 24/08/2018, 03:37:25 UTC
When I saw your title I expected that you were sharing at least one link to see more about it, If you can please do it. Respect to the news, a company like Samsung interested on BTC would be pretty nice, they move a lot of money yearly and this can help to our economy, but I think that maybe you have to pay a little more for any device/service than its normal price.  Let’s wait and see what happens.
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Board Bitcoin Discussion
Re: BITCOIN = FUTURE
by
niktuneable
on 23/08/2018, 16:25:52 UTC
Bitcoin (crypto) is the only way to do payments completily sure since there is not a double spending neither fake money. When you use physical money you take those risks, and this technology has demonstrated to be completily reliable. That means BTC is the future, we need (the world) to evolve to find solution for the today’s problems, sooner or later most people will find crypto to be the best option to make-receive payments.
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Board Altcoin Discussion
Re: People say altcoins won't survive
by
niktuneable
on 16/08/2018, 22:02:05 UTC
That is true, majority of altcoins will die, because they are scam, maybe bad development, not sufficient exposure, etc. I would bet that at least 30% of alts will be successful. You are right, we need to keep the faith in our project it does does not matter what people says. Obviously, exist some Alts that are completily scams and people know it but take the risk just to take some profits and sometimes things go wrong.
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Board Speculation
Re: BITCOIN DOMINANCE, HOW FAR WILL IT BE?
by
niktuneable
on 16/08/2018, 21:51:32 UTC
I suppose that the Bitcoin Dominance can grow a little more if ETF gets approved but I don’t think it can go further than 65%, even I think that 60% of bitcoin dominance is a lot, we need to wait and see what happens when the time comes, Bitcoin will grow continuously but also altcoins will do it.
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Board Bitcoin Discussion
Re: How safe is Bitcoin? ✅
by
niktuneable
on 07/08/2018, 15:52:14 UTC
Strictly speaking about bitcoin, about the protocol, it is highly secure but there is nothing completely secure, there are always risks, for example 51% attack but nowadays this is very unlikely. If we analyze the bitcoin ecosystem we can find several risks, for example the risks you mention involving exchanges, the apps that stores the coins, even human errors are factible, etc. Then the security of our Bitcoins is our completely responsibility.
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Board Bitcoin Discussion
Re: BITCOIN won't die, period.
by
niktuneable
on 02/08/2018, 23:06:03 UTC
I think exactly the same as you, Bitcoin and cryptocurrency in general is a very promising tech that won’t die as many people says. People should not pay attention to haters. We are here and that is the important thing, even us are early adopters. Crypto future is bright!
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Board Bitcoin Discussion
Re: Is keeping your money on Coinbase really that bad?
by
niktuneable
on 25/07/2018, 02:03:16 UTC
I don't recommend using coinable because I had a problem with them and it took almost 8 months to recover my funds. Also it is too risky since you don't own your coins, I mean you don't have control over the private keys, a lot of things can happen. It is better to hold your coins in a wallet of yours where you can control your private keys. Also think that Bitcoin (and crypto in general) is created to have a decentralized method of payment, that you can control and where you can be your own bank. What coinbase does is the same as banks, they own your money. Be safe. thank you for reading me.
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Board Bitcoin Discussion
Re: Your investment strategy?
by
niktuneable
on 25/07/2018, 01:48:29 UTC
There are a lot of investment strategies but there is only one that never fails. It is HOLD for a few years, some people recommend to do trading, some recommend other methods but the best is to save your coins securely and long term. It is highly probable that when you compare price some years later you will see a high difference in price (positive in most cases depending on what coin you are investing).
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Board Bitcoin Discussion
Re: Remember when Bitcoin was new and.....
by
niktuneable
on 19/07/2018, 20:10:15 UTC
Well, first I have to say that I am amazed reading the guy that says he used to cash out about 5 BTC from faucets. I was not as lucky as him, I knew about Bitcoin just a little less than 2 years ago, but I bought a several BTC at only 900 usd (it is the lowest price that I bought at) I joined on the most incredible bull run and made about 1000% profit (sold at about 10k usd) I bought back at 5k usd, now I am thinking on being a long term investor and in about 5 years I can say: (I remember when bitcoin was only 20k usd).
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Board Speculation
Re: Will you sell all your coins in Bull market?
by
niktuneable
on 19/07/2018, 19:38:26 UTC
No, I won't sell my coins in the next bull market. I am a long term investor and will wait at least 5 more years to start selling my coins. Even people that is joining today on crypto world are early investors. The next Bull market won't be the last one, there will be a lot more in the incoming years. So the best for me is to HODL. Obviously there is always a risk but no pain no gain.
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Board Bitcoin Discussion
Re: Will banks ever offer bitcoin deposits?
by
niktuneable
on 19/07/2018, 19:33:40 UTC
My quick answer is: probably yes. Why yes? Well, because banks need to adapt to the new technologies, and banks can actually get profit accepting deposit on bitcoin, and from my point of view, it is better for government since this way allows them to know who holds bitcoin. And why not? this answer can apply for the other cryptocurrencies.
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Board Bitcoin Discussion
Re: What does bitcoin need to improve?
by
niktuneable
on 21/06/2018, 16:59:15 UTC
Hello, this is what I think:

Bitcoin is the king right now mostly because it was the first cryptocurrency, of course it needs to improve to meet the market requirements.

I see one big update that will be needed on bitcoin and every cryptocurrency that exists, this is the protection against quantum computation, but it will take several years until it will be needed. And to finalize, Bitcoin has been updated/improved several times since its creation. Thank you for reading me.
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Board Bitcoin Discussion
Re: Is CHINA CONTROLLING Bitcoin?
by
niktuneable
on 20/06/2018, 02:03:49 UTC
If you ask me:  Can Chine control Bitcoin? I would answer a yes, 100% China has the hashing power to control Bitcoin.
What I know is that there is not evidence of China doing it, maybe it will happen on future, maybe no. Also, China is already making huge money with mining farms, I think they are happy with it, at least I would be. Roll Eyes
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Board Bitcoin Discussion
Re: actual number of people using Bitcoin?
by
niktuneable
on 14/06/2018, 16:29:34 UTC
It is very difficult to do that, actually I think it is impossible (I am not sure), the only way I see to have an approximation is to see the amount of addresses that have been used but this is very inaccurate because one person can create several addresses. And also some people buy on exchanges and never send coins to an external address.
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Board Speculation
Re: Is bitcoin lead cryptocurrency market forever?
by
niktuneable
on 14/06/2018, 16:19:40 UTC
I am completely sure that there will be some alts that will match BTC in the future, Bitcoin has been the first crypto all these years but we do not know what the future is, lets wait and see what happens.
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Board Speculation
Re: Buy now and earn in the next few months!
by
niktuneable
on 14/06/2018, 16:16:40 UTC
I am with you, I believe we will see new ATH in the near future. I am holding my coins another 2-3 years and I know that I will multiply several times my Money. Bitcoin and cryptomarket  in general are on its early days. Smiley
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Board Bitcoin Discussion
Re: This guy has lost 103 Bitcoins
by
niktuneable
on 14/06/2018, 16:11:32 UTC
Losing that amount of money is terrible, I also lost about 27 BTC last year, my case is that my iPhone got stolen and I forgot to backup the 12 words of MyCelium, I was pretty sick seeing the Bitcoin price climbing very fast at the end of 2017.
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Board Bitcoin Discussion
Re: Bitcoin can be hacked?
by
niktuneable
on 22/03/2018, 00:38:07 UTC
Yes, Bitcoin is hackable but the costs of the amount of energy necessary to hack just one wallet is multiple times bigger that the richer wallet right now. I have heard that in the future with quantum computers it would be easier but I do not know nothing about it.