As for the website ( https://local.bitcoin.com) it seems a half-hearted project to show people BCH is widely used when the reality is it is only a market place, hardly a real exchange. I actually think it's a decent alternative to LocalBitcoins(due to KYC). Fortunately and unfortunately though(depending on which side you're on), I don't see local.bitcoin.com to be up and running without KYC/AML for long at all. If it gets big enough, it will receive the same government treatment that localbitcoins received.
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What do you find specifically wrong with Authy to discourage its use?
I should've worded that more clearly. It's not that I discourage the usage of Authy, it's just that I far recommend the usage of Google's 2FA app; and that's because with Authy, your backup is stored in the cloud. Yes, I think it's secure as it's surely encrypted, but I still find it inferior security wise to Google's 2FA due to this reason. tldr; Google 2FA > Authy > No 2FA at all, and backup your Google 2FA codes on paper Yes it's true that Google 2FA doesn't have a backup feature that will let you transfer from your phone to another phone if that case you mention might happen.
You can import the 2FA to another phone if you've written down the backup code.
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Not only on your exchange accounts, but all the websites you use in general that as either money, or sensitive personal information. Having 2FA is seriously a very small price to pay(just a slight hassle), in exchange for significantly increased security.
Also, use Google 2FA and not Authy.
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This became BCH's version of localbitcoins I believe.
This already exists: https://local.bitcoin.com/I think this one is different. Basically, a crypto exchange, whereas the main trading pair is BCH/coin and not BTC/coin. Quite a bold move for something that I think has low demand and could end up having very very low liquidity. This dude is definitely doing everything to uplift BCH. While I personally don't like and don't hold BCH, his dedication is surely something.
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When you say network marketing if you meant the type of marketing that includes multi-level marketing and pyramid schemes, then screw that. In an ethical and moral standpoint, almost any other marketing type is better than that(besides those greater or similarly scammy ones of course).
When talking about marketing in general though, they're really not comparable. You're pretty much comparing a skill/job to a speculative investment. They're simply in different categories.
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Honestly people shouldn't even compare other ways of mining with cloud mining in the first place. Cloud mining is going to be your worst investment ever. With home mining or creating your own mining warehouse, you can at least probably use the GPU for other purposes or you can also re-sell the ASICS. With cloud mining? You lose money regardless what you do.
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If you're planning on holding long-term anyway, just buy now. If you think that bitcoin will be very successful, will be globally adopted, and would actually be worth a lot in the future, the few thousand dollar differences wouldn't matter that much. Short term trading though? That's another story.
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Not 100% sure what you're trying to say, but using bots can work, if you're already a decent trader in the first place. Hopefully you don't think trading bots as something that you run once and make you money forever, because traders alter their bots A LOT. It just automates some things, but definitely not everything.
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Just leave it on. It's far far less obstructive compared to the ads we see on most websites; and not to mention it's only like an inch in height. Bitcointalk is a free service, and Theymos monetizes this forum through those small ads. It's not that much to sacrifice to leave those in display honestly.
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Downloading apps outside of the Google PlayStore is no different, or actually possibly a lot worse(privacy concerns aside). If you download your apps outside the Google PlayStore, you could still download fraudulent apps if you don't do your research, which you should do in the first place when downloading from the Google PlayStore. You simply shouldn't just download apps randomly.
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The aforementioned managers are only as secure as you make them, keepass and lastpass are not cloud based, as stated before, they are non custodial and the data is stored on your PC. I'll add a little footnote about bruteforcing in a little bit, thanks for the suggestion
True. But though unlikely, you can still be a target and your .kdbx can still be stolen from your computer or from your Dropbox account(or whatever cloud service you're using). Especially when you flaunt online saying stupid unnecessarily things like "my Binance account has 500 BTC" or something along those lines.
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And just to add to this, make sure your master password is also actually secure. If your online accounts' password are secure while your password manager's password is unsecure, it defeats the purpose. If anything, it could be worse. Make sure your master password is difficult enough to guess and difficult enough to bruteforce[1]. and also, if possible, use the max number of characters for your online accounts(mostly 40 as far as I know). Your password manager generates it anyway so there should be no difference in terms of user experience.
[1] https://en.wikipedia.org/wiki/Brute-force_attack
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It is interesting that James Howells claim he is one of the first people who mine bitcoin, and that lost hard disk is contain real Satoshi Nakmoto IP address.
Seems a bit fishy to me, but how would he know the "real" IP address of Satoshi? What are the chances that Satoshi wasn't using a proxy/vpn/tor in the first place? He probably just added that part in just to make the story more juicy. Sounds complete bull to me.
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I was trying to point out that you can become easy target for scammers can easily send you any e-mail with some phishing site or any other data retriever way of getting important data from your computer.
Receiving email spam and phishing attempts is only just the tip of the iceberg though. There could be more dire consequences if you're that type of person that uses one email and one password for everything.
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@mjglqw. Did a cryptocoin news site hire him to create a good cop, bad cop routine? When bitcoin's price fluctuation is 10% lower they put his article on the headline and when the price is fluctuating 10% higher they put a bitcoin bull's article hehehe.
I understand the reason why bitcoin/cryptocurrency related news sites post bull and bear articles when the prices rise/drop(because they garner a good amount of clicks from the newer folks), but this article specifically? It's straight off anti-bitcoin. Not even close to being neutral. It's like an article straight off written by Nouriel Roubini.
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Weird ass article indeed. I was expecting it to be a press release(basically you pay them to post your article), but it doesn't seem to be the case with this article specifically. Anyway, I checked the writer's profile, and it seems that he's simply just a big bitcoin bear: https://www.ccn.com/author/lawrence-meyers/He also has an article written titled: "Trump Says Bitcoin is Dumb. He’s 100% Right."
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While I'd prefer the coins to not be dumped in one go but instead in increments(as to not dramatically flash crash the market), why should we stop Satoshi? It's his coins, from his own creation. He/she/they have every right to dump every single one of the bitcoins if Satoshi wants to. It's a free and open market. I hope they do. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Convince him then. Best of luck.
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Who in here can memorize his private keys? That is why you need to have a back up. You can write it on a paper or a journal and store it somewhere safe. What the f*ck is wrong with these people entrusting all their funds and their personal information to a wallet provider. I hope you are not some hired freewallet defenders.
Some people are harder to convince. Apparently some people don't give a crap about privacy and security even though there are so much hacks and scams happening in the cryptocurrency space, until something bad actually happens to their funds. Some people prefer learning the hard way.
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I can’t remember my phone number and you want me to remember my private keys? No way. I’d better leave it to the devs. For 2 years of using Freewallet my funds were safe and sound without me having the keys.
Wait til they lock up your account for some random reason like what they did to a good number of people; or worse, they get hacked. Not because they haven't screwed you up yet, it doesn't mean they won't in the future. Looks like you need to do some studying on custodial vs non-custodial wallets.
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There are ways to get your email secured without getting exposure for scammers,we have google authentication and with this there is no way scammers can jailbreak your email unless they get hold of your phone and your google auth password
Still, even with 2FA on your account, it's definitely still a lot safer to not have your email lying around on the internet on a dozen lists that was collected from airdrops. Even with 2FA, social engineering attacks are still fairly possible(depending on how incompetent the customer support is). I'd go with DdmrDdmr's advice and use multiple emails.
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