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Showing 16 of 16 results by vader18
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Topic
Board Bitcoin Discussion
Re: Best ways of bringing Bitcoin to non-crypto users
by
vader18
on 11/12/2019, 01:05:02 UTC
I think you must first look at your target Audience. Likely younger tech savvy crowd. Your efforts would b wasted at a nursing home.
Tweeting Cryptocurrency links might work.

Tweeting to countries  with unstable currencies could work. Look at Hong Kong and Iran, where people are burning banks to the ground. Some links may help people find the information they need to invest safely.

Nowadays, most have heard of bitcoin. Still many think it’s a scam and wouldn’t know how to get into it even if they wanted to.  One could sprinkle small leaflets at places like college campuses and nightlife hotspots where the young tech savvy reside.  Simply scan the code and the link would bring them to various crypto sites, where they could learn and invest safely.

When the price is down, new people don’t  want to buy in.   But they may be willing to learn -to mine crypto. Again This would likely be for younger tech savvy target audience. 

Post
Topic
Board Bitcoin Discussion
Topic OP
Gold forum
by
vader18
on 30/05/2019, 21:26:29 UTC
Wow, these gold bugs really hate Cryptocurrency with a passion. I was a gold bug myself years ago. I would visit a gold site called kitco and read all the threads about metals and a return to a gold standard. It was there, on the kitco site,  that I first heard of bitcoin. Being young and only slightly invested in metals , I found it easy to switch to bitcoin. I’d imagine if I had been older and more heavily invested in gold, I’d most likely been jealous and hostile toward something that could threaten my investment like bitcoin.
Anyway I stumbled onto the site recently, and was surprised to find a Cryptocurrency section. Then I read a few of the threads.the section clearly isn’t there to educate or inform anyone about Cryptocurrency. It’s just a lot of fud. Nearly every post is about something negative. I thought gold and cryptocurrency people had more in common.    I am still into metals, though if I have any extra funds , every single penny goes to crypto, not wasting it on metals anymore. Crypto is the future.
Post
Topic
Board Bitcoin Discussion
Re: WHAT HAVE WE DONE TO PROMOTE BITCOIN MASS ADOPTION?
by
vader18
on 06/05/2019, 00:45:20 UTC
What we have done or are doing to promote the mass adoption of bitcoin is a pertinent question which needs honest answers. The aim of this right-up is to encourage we bitcoiners to join in the fight for mass adoption, even in our little corner.

Bitcoin like every the traditional currency needs to be widely accepted and used for its value to increase. The economist says that it is the forces of demand and supply (Market forces) that determines the price (Value) of a commodity. When mass adoption is achieved, demand for bitcin will be higher, leading to a price surge. Other than that, Bitcoin is freedom, fast secure and efficient. It is a decentralized currency which you spend whenever and wherever you wish without third party control or regulation, it is the next world currency and should be adopted by all.

For this adoption to be gained effectively, we bitcoiners need to preach bitcoin adoption, practice and live it for the adoption to be swift and as soon as possible. Imagine if 1 million bitcoiners can impart and introduce bitcoin and its potentials to 10 people each, do your maths (1,000,000 * 10= 10m) Now imagine if the 10m people now are able to get extra 10 people each? You see the multiplier effect?
Bitcoin adoption is a task to be achieved by we all. Lets teach our family, friends, colleagues and neighbors of the inherent benefits of bitcoin and how to use it.

Personally, I have used my position as the church treasurer in my church to introduce the use of bitcoin for payment of tithes and offerings. Members who use bitcoins are given my bitcoin wallet to make payments, while others can pay cash.
I run a little computer training institute and all my workers are paid in bitcoins. My students have a 2% fees deduction if they pay in bitcoins.

In my own way, through my efforts, over 40 persons and counting have adopted bitcoin and are actively using them. I hold seminars for them and others as well. Through your efforts too, more people can adopt bitcoin, lets become the droplets of water that makes a big ocean.
Brighten the corner where you are, preach bitcoin, live bitcoin, love bitcoin, use bitcoin untill the whole world adopts it

Nobody wants to buy because the price has been going down. It just started rising but most haven’t noticed. I’ve talked to family, friends , and coworkers. Many jumped on board, and a few that came early did well. But most people won’t spend money on it as it loses value.
I work on a college campus, and I talk to some of the computer science students about mining crypto. Many have looked unto mining, because they have the skills and it costs them nothing to mine in their dorm room.
I also like to drop seeds where ever I go. By seeds, I mean small slips of paper that have a few QR codes. I drop these everywhere I go. I think bars are the best areas, because they are filled with young computer literate people. Many find these slips, scan the codes, and follow the link to a variety of crypto sites. Getting young people onboard is the key.
Post
Topic
Board Press
Re: [2018-11-16] Statement on Digital Asset Securities Issuance and Trading
by
vader18
on 19/11/2018, 10:30:20 UTC
Wow. Many seem happy about this development. Correct me, if I’m wrong, but this seems very good for ico coins, but very bad for investors. I mean , the coins/businesses can just pay a 250k fine, agree to be labeled a “security” and then get back to work. But it seems to me the US investor isn’t going to be invited to the party. Once they coin company lists as a security. They will need to refund investors. The investors will never be able to trade their coins, rendering their coins worthless.
Post
Topic
Board Bitcoin Discussion
I’m out
by
vader18
on 18/03/2018, 17:54:20 UTC
I had a blood clot on my brain in late January and stroked out.By the time I got out of hospitals rehab a month later I’m seeing 85% losses, with no end in site. I can’t ride this rollercoaster any lower. I’ll be happy to escape with some profits now rather than ending up underwater. Good luck to all.
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Topic
Board Exchanges
Re: coinbase sell limit
by
vader18
on 15/07/2017, 17:08:19 UTC
Thanks everyone for your help. I see my limits now on the site.
Not sure where I heard it, but I thought there were some legalities tied to selling more than a thousand within a twenty-four hour period. I guess if coinbase allows it it must be legal.
Post
Topic
Board Exchanges
coinbase sell limit
by
vader18
on 15/07/2017, 14:34:18 UTC
I there a limit how much btc one can sell on coinbase per twenty-four hour period. I heard somewhere, its less than one thousand dollars, but not sure if thats right. Thanks in advance.
Post
Topic
Board Beginners & Help
Re: Bitcoin Purchases
by
vader18
on 04/06/2017, 14:53:43 UTC
-HODL.

-Buy at merchants such as Steam and Overstock, or buy items indirectly through third parties like Purse.

-Transfer into gift cards with services like Gyft.

-HODL.

I'd steer clear of Gyft or Egifter. lost money using both services. Egifter won't even answer my messages. I feel like I was ripped off.
Post
Topic
Board Press
Re: [2017-03-21] FIRST BITCOIN CAPITAL Corp. Subsidiary COINQX.com is First Exchg ..
by
vader18
on 23/03/2017, 15:09:48 UTC
Anybody buy this stock? Looks like it's on fire.
Post
Topic
Board Legal
Re: Can I sell on coinbase.
by
vader18
on 12/01/2017, 14:06:54 UTC
Thanks. I have one more question. Is there a limit on how much a person can sell? I could be mistaken, but I thought I read somewhere, a person could only sell under $1000 per day. Am I wrong?
Post
Topic
Board Legal
Re: Can I sell on coinbase.
by
vader18
on 07/01/2017, 16:23:40 UTC
Thanks to everyone who responded to my question. Now I know I can sell straight back to Coinbase without having to be considered a money transmitter or any of those confusing terms.

As far as taxes are concerned, I'll pay my fair share to the best of my ability. But what I've read, btc taxes can be confusing because the IRS is making rules up as they go. They should have just let the bitcoin ecosystem evolve naturally before rushing in greedily for their piece of the pie.

Post
Topic
Board Legal
Can I sell on coinbase.
by
vader18
on 05/01/2017, 13:34:54 UTC
Hello, I bought about one hundred dollars worth a few months ago. I know I can buy things. Is it legal for me to sell back to coinbase. Im an American citizen. I'm not a merchant of any kind. Thanks.
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Topic
Board Service Discussion (Altcoins)
Re: coinmarketcap
by
vader18
on 10/10/2016, 03:11:11 UTC
It sounds like Bitcoin, bitshares and ethereum are "currencies", and the coins created on their platforms like Auger and First Blood  are called "assets".
It seems as if some of these "asset" coins share similarities with Securities. Some payout dividends to investors, some give voting rights ect.
Post
Topic
Board Service Discussion (Altcoins)
coinmarketcap
by
vader18
on 07/10/2016, 21:14:12 UTC
Why are some coins called "currencies" while others are called "assets"?
Post
Topic
Board Legal
Re: non accredited investor
by
vader18
on 07/10/2016, 20:52:49 UTC
Thanks for your reply, Pawel7777.
Post
Topic
Board Legal
non accredited investor
by
vader18
on 29/09/2016, 14:26:17 UTC
Hi, I'm new and have a bunch of questions. I am interested in "asset" coins like Maidsafe, Peerplays, Counterparty, First Blood as well as a few others. I am not an accredited investor. I'm an American citizen, not residing in New York state, thank God.

1. Are those coins considered assets or even stocks?
2. Can I buy during an ICO/IPO?
3. Does anyone know of a blockchain investment fund for non accredited investors? I'm looking for something like BankToTheFuture or FundersClub?

Sorry about all the questions, but I don't want to get into any legal trouble. I'd just like to invest a  couple hundred dollars in the future of money. The crypto space exists in gray areas and its evolving quickly, especially with the Title 3 crowdfunding stuff that went into effect on May 16 2016. Hopefully one of you can shed some light on this topic.