Bitcoinfaq

Bitcoinfaq

Have questions about Bitcoin or cryptocurrency in general? Ask here and we'll get you sorted out. I love spreading the word about Crypto so please ask away.

I've been working with Bitcoin and Cryptocurrency since the 2009 whitepaper that started it all. Back then I was building computers for a living and Bitcoin mining was a great way to stress test CPUs. Since then I've been involved in ASIC and GPU mining and all sorts of trading activities.

04/08/2023

on my work phone! Weaponized and ready to wreak some havoc on some networks.

08/29/2022

was a blast!!

05/21/2022

I don’t know about $700k but this is definitely a good time to buy

05/15/2022

Time to buy folks!

04/11/2022

Crazy to think how far we’ve come!

03/05/2022

Battlefly mint went great, can’t wait for the reveal!

01/31/2022

Drops can be an amazing way of contributing to a project but beware of gas run ups and dumps on tokens that were handed out for free.

01/31/2022

by owning the NFT you get a cut of the streaming profits from the song! I can’t think of a better way of showing support for an artist. Also the first physical CD I’ve bought in this Millenium

01/15/2022

New mining rig up, had to move the firewall due to changes in network architecture but we’re running! **klhr

01/12/2022

Imagine seeing these kinds of returns!!

12/18/2021

ATM spotted at a bodega in fort green, Brooklyn New York. I love that this is becoming a regular thing I see all over the place!

12/13/2021

Got to see the good in a bad situation. Crypto is down? BUY THE DIP!

12/12/2021

If you’re just looking at pictures, this won’t help. will do what it will in the near future and the lack of maturity in contracts and like will fluctuate wildly until 2024 when the next major move is set to happen so buckle your seatbelts, invest wisely and feel free to reach out if you want to talk about anything

Photos from Bitcoinfaq's post 12/02/2021

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11/12/2021

*tcoin

11/08/2021

Shiba Inu on sale on what do you all think about it?

Whatsminer M31S Bitcoin Miner, over 70 Th/s brand new! | eBay 06/15/2021

Bitcoin miner for sale! If you have questions about Bitcoin, Cryptocurrency and Mining in general feel free to reach out.

http://ebay.us/NWiorJ?cmpnId=5338273189

Whatsminer M31S Bitcoin Miner, over 70 Th/s brand new! | eBay Find many great new & used options and get the best deals for Whatsminer M31S Bitcoin Miner, over 70 Th/s brand new! at the best online prices at eBay! Free shipping for many products!

05/24/2021

Need I say more?

05/10/2021

A warning about Doge coin. Where the crypto landscape is vast and expanding every day, it's important to note that most (almost all) cryptocurrencies serve a purpose or are driven by a technology/innovation. I often tell people who are trying to get into crypto to research the coins that they feel serve a useful purpose or may find usefulness in the real world and start investing there. That being said, Doge coin serves no purpose, it has no technology or innovation backing it and it does nothing. There is no reason for it to ever grow and it shows no signs of ever trying to be relevant. It is, and I'm not being mean here, a joke. It was, literally, created as a joke to monetize a meme. So if you didn't get involved in the pop that was put to rest by Mr. Musk on SNL last weekend, I urge anyone thinking of investing in Doge to think long and hard about it, then invest in anything else.

04/14/2021

An historic day for crypto!! goes public and we’re off!

Social media cash flipping scam disproportionately targets people of color and single parent… 03/25/2021

We spent some time breaking down how this particular scam works. Have a read and give us some love on Medium!

https://bitcoinfaq.medium.com/social-media-cash-flipping-scam-disproportionately-targets-people-of-color-and-single-parent-1e05ba029406

Social media cash flipping scam disproportionately targets people of color and single parent… How to spot this “Jessica Allen”-type Instagram scam and avoid being a victim!

03/19/2021

New article about Cryptocurrency Scams, I baited a scammer for a couple of weeks to see what the script is and we go over what to look for to avoid scams.

https://bitcoinfaq.info/2021/03/18/anatomy-of-a-crypto-scam/

02/20/2021

New post up on bitcoinfaq.info we’ve finally gotten everything set up all along the major platforms! Let us know if there’s any burning questions you want answered.

02/16/2021

There are lots of reasons for why Bitcoin and Cryptocurrency in general are soaring at the moment. Here are a few:
1. Because Cryptocurrencies (most of them) aren't tied to any one country or set of banks, whenever there is financial/political/social turmoil, they take off. People like having another option if the money in the bank is worthless.
2. We are still seeing the effects of the last halving that happened in August of 2020. expect something similar towards the end of 2024 but on another scale, think 6 figures.
3. Elon Musk... He had Tesla infuse 1.5Billion (with a B) into the Bitcoin economy, which would be a logical first move for a company that was planning on accepting the currency in the near future (hint hint)
4. Global politics... I won't focus on the low hanging fruit here but lets just say that when political stuff gets crazy or "Uncertain" people invest in Crypto. Back when Venezuela's economy collapsed and a bag of dog food cost as much as a car in their local currency, they were driven in large numbers to Crypto. It's the digital equivalent of burying large amounts of gold in your back yard.

And that's just a few. Any one of these events on their own can stimulate the Crypto market but at the moment we have ALL of them happening at once!

Feel free to comment or reach out if you have any burning questions about Cryptocurrency.

02/05/2021

What a magical time for crypto!!! ETH is at an ATH and BTC is holding, if you’re not involved you need to get off your ass!!

01/04/2021

Bitcoin is at an all time high rally, hitting upwards of 34k in recent hours. Since this is when I normally start hearing questions from people, I've decided to get proactive. Reach out on www.bitcoinfaq.info by email at [email protected] and on Twitter

01/04/2021

Bitcoin is at an all time high rally hitting upwards of 34k in recent hours. Since this is when I normally start hearing questions from people, I’ve decided to get proactive. Reach out on www.bitcoinfaq.info by email at [email protected] and on Twitter

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