In the past, scammers were banned.

However i think the main issue is that if the scammer's account was to be banned then it will mean less motivation to pay any of their victims back. The forum is often the only way that the scammer has contact with the users.

An example would be MRKLYE who is actively working to pay off his debts to his lenders, but he has neg trust.

Negative trust is also an expression of opinion. Banning scammers objectively would be extremely difficult to achieve if not impossible, because it will always be opinionated.

Do you have any sort of proof of purchase for this?

For example a receipt from a store, indicating that the gift card is bought with cash and in person. Because AGCs can be bought carded, either online or in store. There is no guarantee that Amazon won't just revoke the gift card if it was found to be carded.

Also, how many cards is it actually? Because i'm not aware of any AGCs that are valued at $125.

Include some pics and more description in your OP.

All of these coins offer 0.2% interest, and have decent orderbook depth. i think they were most likely overpaying interest and incurring losses. I'm not sure why they would put such a small restriction of 5 dice rolls without any minimums.


Completely agreed.

This is usually how an online investment scam ends. Either yobit runs away with the money(unlikely considering they do have nice trading volume generating profit for them), or they are going to implement a lot of restrictions on withdrawals that wasn't there when investments open. This is the glimpse of what yobit is able to do, imo. They control the whole thing, if you invest then you are trusting them not to do that, which is a highly risky proposition.

If you are entering into the market right now please be careful.

I do think that we are going to enter another phase of pumping soon, but there is really no doubt that we are in a bubble. If you are investing right now you are essentially betting on how far this bubble is going to sustain. Not a very good investment to make at all.

Definitely overpriced right now, anything over $3000 is extremely overpriced and you should be careful with it.

Wait for the dip below $3500 at the LEAST before buying in.

He obviously is biased, at least to some degree, since he owns a digital currency trading company and his financial gains depends on how many people sign up with him. So it's not surprising that he has made these sort of predictions.

Is this going to be the last pump before the whole thing pops? Probably not. We'll see another pump most likely after Segwit activation in less than a week's time since people will actually reap the benefits of Segwit from that point.

But you can be sure to have corrections after the last pump. Price isn't going to stabilize after the last pump, it's going to go down and down. Perfect buying opportunity for when the price rebounds.

IMHO, yes. I think that bitcoin is definitely overpriced right now.

It was overpriced at $2500, but i'm not sure why speculators decided to pump it up even further. Now we're entering the mania stage of the bubble. There is simply no sustainable way that anything, not even bitcoin, will be able to go up from less than $2500 to more than $4300 in just 1-2 weeks.

There will be a correction coming. Trust me.

Also i'm by no means a bitcoin hater. I completely disagree with the logic that bitcoin haters have. BTC isn't going to crash because it's worthless or it's a ponzi, it's going to crash because it has simply been overbought. I'm a long term bitcoin believer, i just think that currently the price is too artificial.

Not sure. Personally i do think that this is a bubble that we are currently in. I'm just not sure when it is going to burst.

If it doesn't burst for another 1 month then yeah, bitcoin could well continue to rise until a week after Segwit gets implemented, and $5k is just an arbitrary figure. It could go up to $6k as far as anyone knows in these crazy market conditions.

IMO, what's likely to occur is that btc goes up to $4800-4900 and then is unable to break the $5k barrier, and a price adjustment occurs as a result.

Remember just because it's going up doesn't mean the bubble isn't going to burst.

Well i think we are currently in the middle of a correction.

This is going to come in phases. We have hit as low as $4050 i believe, and now it has bounced back up to around $4150. We may see a dump tomorrow that pushes bitcoin's price down to less than $4000 or $3900, even.

Price has increased to drastically in too short of a timeframe. Correction is needed for further pumps, but imo it might just stay around the $3500 level.

$5000 is indeed not far away at all when you look at how fast this has all happened, but idk. $5000 would bring btc close to $100 bil market cap which seems unlikely.

Honestly, i am extremely satisfied.

Apart from the fact that i did not have my coins on bittrex which could have been an added bonus, but still. Free money is free money. Plus, there was nothing serious that happened that threatened the future of bitcoin like some people predicted.

I think that is more important that free coins. If 1st August went wrong, then the consequences would have been much more devastating than whether or not someone gets free BCH or not.

If you really want a cheap then just use your old PC or whatever. Just factory reset your Operating System first to ensure that there are no viruses about, and check if the hard drive is in order. Make sure that it's not too old that random failures can occur. Once you generate your wallet make sure you never ever enable internet access until the time you need to access your bitcoin.

Anyways, i'd suggest getting a ledger if you can afford it.

It is slightly less expensive than a trezor, and it is really worth it imo. Not only will you get security, you'll also like the fact htat you do not need to create a new paper wallet/cold storage wallet every time you need to access your coin. And it's just as secure as trezors, imo.

To my understanding Bitconnect isn't an altcoin, but rather an investment platform. I'm not sure why people are still constantly buying into this and pumping this up.

Whether or not bitconnect has any sort of value solely depends on their "bitcoin volatility software" being able to work as kyraishi pointed out. There are admins working behind it, meaning that it is a centralized ponzi instead of any sort of legit crypto. Bitconnect itself is nothing special at all.

Plus, how are they able to provide consistent interest of over 0.1% per day guaranteed on top of bitcoin volatility software interest?

Even risky investments irl can't achieve these sort of returns. Don't invest, if you do not want to get scammed.

Yeah definitely.

However, i think that it is likely we'll hit the all time high at around $5000 per bitcoin at around end of August to mid September. After that, there might be some sort of bearish market acitvities which will drive the price of bitcoin down quite a lot due to the fact that bitcoin has simply been pumped so much in such a short period of time. A selloff could mean that by December the price could be a lot lower.

But as i said - $5k is probably likely going to be seen this year. Whether or not it's going to sustain into december is going to be unlikely.

Still at $4200 though, we still need like a 18% pump. This current pump is quite strong though, so it's probbaly not a very hard target to reach at all.

I've been getting the same errors.

However it seems to be a lot better after theymos decided to add the login captchas. Therefore, i think it is logical to conclude that it probably has something to do with the 5000+ IPs thing that theymos mentioned in the other post in meta.

I thought at the beginning that it was something up with my connection as well, actually. but i tried on public wifi, same thing happened. But it's all good now, i can browse the forum normally. Just needs to get used to having to click on the login button to actually login.

Not really doable.

cryptocurrencies are designed to counter this sort of government intervention in transactions. There is no central point of failure, for a country's government to say no to bitcoin completely they would have to shut down every single node that runs bitcoin which is impossible. This is in stark contrast with centralized payment processors such as LibertyReserve and e-gold which all got taken down very easily.

Your idea about ISP blocking online payments will firstly spark public outrage and secondly, probably wouldn't work very effectively as workarounds can be implemented quite easily. And plus, how are they going to block bitcoin transactions in the first place? I'm not aware of any obvious ways of doing that.

I'm pretty sure that this isn't actually implemented by Uber themselves, but rather by the driver who put up this sign by himself, but still. It shows that bitcoin is really widening its reach in the community. It's not just limited to a bunch of people sitting behind their laptops anymore, it's everywhere and easily seen and accepted.

I still remember back in 2013 the price of bitcoin was pretty high(for back then, of course), but people didn't have any real uses other than using bitcoin online to buy goods(sometimes questionable goods too).

But now, everything has changed. Bitcoin has got a complete ecosystem surrounding it, but we still need more merchants to accept it.

I doubt that there was much of a chance of them dumping BCC in the first place.

If they wanted to secure their wallet because of the 1st August bitcoin cash fork, then they would have done so by transferring the entire cold storage to another address that they own. But the fact that they only transferred around half eliminates the possibility that they were dumping BCC.

Anyways, as i said, it is likely that they want to diversify into other things or preserve some of their profits. They have made a bunch off bitcoin since last year already and probably just want to get some btc out when it's still $3000+. Not the best idea, imo. But it's probbaly not going to be a big dump that will flash crash the whole market but rather an unnoticeable dump that will happen gradually. btc price is still going to go up as people are getting ready for Segwit to get activated finally.

It's a problem for some but it's how others make a living.

It's a double edged sword, really. You have to cope with volatility if you are going to use bitcoin, that's for sure. And speculation and volatility are closely linked together, you cannot solve the problem of volatility without getting rid of wide spread speculation.

Personally, i am completely used to bitcoin being volatile. I believe that this is a temporary issue with anything that is decentralized and is still not mature. People are going to speculate. But as more people join the bitcoin revolution, the price will stabilize naturally as normal economic activity outweighs speculators.

By that stage, less volatility due to more actual users and merchants will lead to less volatility, and therefore less of a profit margin for speculators, and less volatility as a result.

Make your own damn decisions. Don't just let others baby feed you propaganda and BS.

Of course if you asked me i would tell you that bitcoin cash is just an average altcoin with a sizeable airdrop, and most of its value derives from people who hold a lot of bitcoins. But i'm biased as well, everyone is.

If you ask bitcoin cash community what they think about bitcoin cash, of course they are going to say that bitcoin cash is good.

If you want to hold your bitcoin cash, go ahead. I wouldn't do it, but it's your choice. I think the ratio between bitcoin and bitcoin cash will only widen as time passes.

This seems like a cold storage wallet of some person/company. Usually cold storage wallets are used once, and when the funds are transferred out the remaining funds will be transferred to another cold storage. This is the most secure way of doing it. So this is odd. It's obviously not an old address waking up by any means, first transaction was actually just last year.

Another thing is that, why doesn't he just include all the outputs into one transaction instead of having so many transactions spread out over a period of a day or two?

I think he is slowly depositing money onto exchanges, trying to sell them off whilst the price is high perhaps. After all, he's been holding those coins since $600 or less and has made a great amount of profit off of bitcoin. It could be a dump at once but it's unlikely. I think the dump(if he intends on doing it) is going to be gradual, step by step.

I have seen a scam accusation launched by someone in the past regarding the same issue. And i'm pretty sure that in the end, Shapeshift refunded him or completed the exchange(i'm not entirely sure which option exactly, but he did get what he deserved in the end).

It's true that Exodus endorses Shapeshift and integrates their API into their wallet and has a partnershp with Shapeshift, but this is not really related to Exodus. It is an issue with Shapeshift, so post on their thread. You'll get more help there, or you could just launch your own scam accusation.

And yeah i don't get why you're just spamming on every single thread you see here. I can assure you that Exodus is a legitimate project, the owners are all publicly known. Shapeshift is very similar, been around for years and they have nothing to gain by scamming a measly 8 ethers which is nothing to them.