Bitcoin is not going away.
Money printing has allowed UNEARNED WEALTH to concentrate in the the hands of a few power hungry, greedy people giving them the means to wage wars endlessly.
"Absolute power corrupts Absolutely".
Take time to realise the true meaning of this.
Bitcoin is truly DECENTRALIESED the beauty of this is there is NO one attack surface. No office. No bank. No pile of coins to be stolen. No where the government can walk in and take over.
"Absolute power corrupts Absolutely".
Take time to realise the true meaning of this.
Bitcoin is truly DECENTRALIESED the beauty of this is there is NO one attack surface. No office. No bank. No pile of coins to be stolen. No where the government can walk in and take over.
Although Cryptocurrencies are a bit of a roller coaster ride, the gains over the last year have been undeniably.
I believe this is just the start. I believe the financial world will turn inside out over the next few years.
The excessive money printing and borrowing of all the major governments could lead to the collapse of the Dollar, Pound and Yen leaving you with pensions and investments that are worthless.
There are no official experts out there. There are no training courses as the whole space is moving so fast, its a full time job staying up to date. The only real experts are the people that have been following the scene every day.
If you wish to DONATE some Bitcoin afterwards, that would be most welcome.
I believe this is just the start. I believe the financial world will turn inside out over the next few years.
The excessive money printing and borrowing of all the major governments could lead to the collapse of the Dollar, Pound and Yen leaving you with pensions and investments that are worthless.
There are no official experts out there. There are no training courses as the whole space is moving so fast, its a full time job staying up to date. The only real experts are the people that have been following the scene every day.
If you wish to DONATE some Bitcoin afterwards, that would be most welcome.
There's over 1500 crypto currencies, at lease 90% are SCAMS the other 9% will go no where. Leaving may be 1% worth while.
Why Bitcoin BTC
Why Bitcoin BTC
- Its THE 1st truly scarce and orginal digital asset for the digital age.
- Money printing by governments is the biggest scam ever invented - In the UK the total amount of money has increased 7 X since the 1980.
- Every day bitcoin moves more money around the globe than Paypal !
- Instead of your money going from You - Bank - Recipient. It goes You - Recipient
- Its Truly Democratic. IE you cant change the rules unless the vast majority (miners and HODLers) decide to.
- You are trusting maths not governments or companies
- It can scale. Perform many thousands of transactions per second. The Lightning network is enabling much faster cheeper payments.
- All value is owned 100% by the investors only
- No one can print more and steal the value of your savings
- It has the largest Network Effect of all the crypto's
- No "Premine" - No one printed a ton of Bitcoin copycat and kept it for them selfs - THEN released the currency making them selfs very rich.
- The bitcoin blockchain has never been hacked since creation
- No down time
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Down sides are
If in doubt stick with Bitcoin (BTC) not Bitcoin Cash (BCH or BCC) If its backed by a bank or a compamy or some one rings you its not Bitcoin. Price charts https://coinmarketcap.com Learning https://www.youtube.com/user/aantonop https://bitcoin.org/en/ https://www.youtube.com/user/WorldCryptoNetwork Jame Lopp (OG) https://lopp.net/bitcoin.html Buying https://bittylicious.com https://localbitcoins.com https://mayermultiple.info Mining https://bitcoinexchangeguide.com/bitcoin-mining/ Twitter - who to follow:- @WhalePanda @lopp @CaitlinLong_ @AnselLindner |
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Bitcoin Storage
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Large amouts shoud be stored on a dedicated storage device EG Ledger Nano s or Trezor. They make trasactions easy. Of course you Bitcoin is not stored on the device. Its stored on the block chain so IF you loose your divice you can buy a new one - Log in with your 24 word seed and you have access to your Bitcoin again. This is generally tue for all devices.
Never keep your Bitcoin on an exchange! Remove it to your storage divice ASAP. Exchanges can and do go bust or get hacked. In crypto you private keys are everything. Not your keys - Not your bitcoin. |
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Small amounts storage could be on your Mobile phone App EG green address, Blockchain.info
As this is connected to the internet It could be hacked! |
Or a desktop App such as Exodus
As this is connected to the internet It could be hacked! So best for small amounts. |
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Public Keys -
A bit like a email address. The wallet address you want people to send money too can be represented in 3 ways. Its purest original form. Very tricky for humans and computers to read. - 3FtenCiXpSLqD8L49intRiXUgjRoH9sjXa A 12 or 24 word seed eg - cradle squeeze wrap web speed bottom laptop response blanket glance silk usefull 
This can also be in the form of a QR code. The most popular way. Easily read by smart phone.
Private keys -
Your key to your wallet NEVER TO BE SHOWN eg - 3ykeICiXpSLqD09hL7Jk9intRNXUgjRoH9sjXaf53hagSd4Dha This has been made easier for humans and computers to read in the form of a 12 or 24 word seed phrase or QR code. Jargin Buster
BTC Bitcoin Trading Identifier (the real Deal) BCH Bitcoin Cash Trading Identifier (Bcash) ( Bitcoin copy scam) FUD Fear Unsertanty Doubt (FUD Debunked) HODL Hold On Dear Life HODLer Some one who owns Crypto currency NOCOINER Some one who dose not own Crypto currency BTD Buy The Dip (also see BTFD) CRYPTO All things relating to Crytocurrencies REKT Lost all your money on Crypto PUMP Mass buying makes price goes up DUMP Mass selling makes price go down BULL Market Price going up BEAR Market Price Going Down Lightning Network A second layer solution for speeding up Bitcoin. 
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Now could be a good time to buy at less than $4,000. Whilst the lamestream media are slateing it, people have forgotten about the epic rise to $18,000 & Before the next run up, wich could be epic !
THERE IS ONLY ABOUT 4 MILLION LEFT - EVER ! This year vs Previous Bull Bear market look familiar ?
Below - Price with the noise taken out. Is this the true adoption curve? 
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