It is a logical way to do in a crisis. You have to store your wealth that cannot be affected by the melting economy of your country. And there are very few options. One is real estate but that would require large amounts and tedious to process. Another is gold, but just like what above me said, it is hard to secure. The most convenient is bitcoin and other cyptocurrencies. Easy to acquire, does not require large amount and can be secured easily.
But this is just three countries. How about other countries that are volatile?
For example, Ukraine Parliament is planing to introduce for consideration a bill of the legalization of operations with cryptocurrency. Many deputies in their declarations indicated the crypto assets. During the global crises, many people purchased real estate. But local wars in some countries showed the inefficiency of such preservation the assets. Now the cryptocurrency allows the citizens of poor countries with a destroyed economy to survive today.
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I think it will be very difficult to recover assets that have been hacked by others because if A hacker who gets access to your private key / password wallet of course the hacker can move funds from your wallet to anywhere in the world, and will be difficult to trace because its anonymous nature, I think if the wallet we have has been hacked by someone else it is better for us to immediately replace the new wallet address rather than to strengthen the security of the wallet address that was once hacked again because of the opportunity of being hacked again and if it is possible to immediately move the remaining assets owned from a wallet that has been hacked.
Tracing your funds is not really difficult since all transaction are recorded in the blockchain though it will take some of your time and effort, also there are group of people or organizations who are very good at it. There are some cases where criminals was caught when they convert their crypto to fiat through an exchange platform since most of the exchange is KYC compliant. What do you say, how can you make a hacker to return the crypto even if you found him? You just have to be careful.And accept the loss your crypto. Because the hacker isn't a fool, he is smart if he could pick up the key but still he is a moral freak and a criminal. Although this isn't easier for you. I sympathize with you. I had several times whan the hacker took the ETH after my trading on EtherDelta and FD
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Aside from monetary incentives in crypto, I rarely come across discussions pertaining to why the average enthusiast in crypto is involved in crypto. While the answer may be pretty straightforward, there are some outliers.
Crypto means much more than just monetary incentives, it's essentially a technical revolution that has involved the masses, something you and I can be apart of. Ultimately, that's probably one of my greatest interests for blockchain and crypto. Another big intrigue for me is the evolution of blockchain tech in itself. I've been around for quite sometime and have witnessed the evolution of cryptos, businesses, behaviors and attitudes.
These 2 factors, along with several others, are the reasons I continue to be involved on a community and business level with crypto. It's become a hobby, passion and business for me.
Haha true, not enough non-money based convos here (i hope this becomes a high quality megathread) Mostly the same for me, hobby passion, business. tho it grew into a business #1 over the years in my situation, whereas it STARTED as a hobby/interest I got hit like a truck by BTC, the day i realized this was the first disruptive tech developed since maybe the internet itself It was sad to watch some nations embrace the tech (Japan), while others got super scared of it (india). its coming around now everywhere mostly tho I live in the middle of nowhere in far North Canada, theres no opportunity up here but meager labor jobs, Blockchain (thru mining for me personally), became a career funny how it works out, my great grandaddy was a miner, tho he carried a literal pickaxe, i like to think im the same, just in a digital age This tech is/will continue to change the world, and ill be here to help process transactions to help (and make a living for my family) all the way What is an interesting story!Cryptocurrency is one aspect of a new blockchain technology. It's a revolution in the financial and banking system. I believe in the future of blockchain, so I'm here. Cryptocurrency is my hobby.And one more thing for me, as a woman, cryptocurrency gives me the opportunity to be financially independent.
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I have heard about DEV coin and even made some arbitrage deals with this crypto. But it was several months ago and I just looked today on its price and I was very surprised. DEV made -x50 or more from its price.
As long as there are no legal laws protecting investors,scammers will prosper in this market. Scammers aren't shy to create projects one after another without interruption.CM informs that DEV is currently trading on tow active markets,but it price is very dump.
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Proof of Authentication: Bitcointalk Username: Mila52 ERC20 Wallet: 0xAaf024c3d0566EeBf6d0e3CE9E96de501DA8eE5C
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I like Kakaotalk is progressing, for Korea and its citizens it's a good alternative to other messengers. I think Klaytn will succeed after listing in Binance precisely because of the reputation of this exchange. This is an excellent marketing move.
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I'm not upset when the price of altcoins dumps, but I'm happy when it pumps. I cann't deprive myself of such pleasure to be part of the crypto community. These 500x willn't make the weather in my material status now. I'm prefer to stay in the cryptomarket.
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The project team more often notifies updates about their project through social media, because in general social media users are more widely used. Especially telegram, the development team will easily provide information quickly. So I don't think this is a problem.
Of course, it’s bad when Ann isn’t updating and the team isn't interacting in thread. But this doesn't always mean that the project is dead or scam. Ann's thread is important during the ICO. The main exchange of information is in the Telegram channel. But when there is no update on social media, this is obvious pointer to scam, but then it’s too late for investors to pull hair in a rage-the money already invested.
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3) Take a look at Safe Haven. Safe Haven is building an Inheritance Platform that will allow you to do everything above, but with a legal entity that understands crypto and will make sure your funds get in the right hands. Not only will you reassured that your funds are secured and inheritable, but you will also be increasing the adoption of crypto yourself, outside of just investing into it. It seems to me that Brybro27 raised this problem to discuss the possibility of Safe Haven. But we aren't yet ready to trust our keys to other strangers. My son isn't interested a cryptocurrency, he is a realist and looks at my interest of cryptocurrency as a hobby, but he is able to deal with my notes and with my files on a PC because sometimes he helps me to my work.
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I don’t think that the release of the Libra will be in the near future. At Congress, Zuckerberg had to answer about the work of the FB social network itself, trust in the reliability of which was undermined by intervention in the election of Trump. I read that such a financial center like London is ready to “shelter” the Libra cryptocurrency project.
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No altseason yet, we are still in the bear market and people were discussing that this market might take until 2021 because of the unclear regulations regarding on cryptocurrencies.
Today, in one night, BTC has grown by almost 30% after dump October 24th.TOP Altcoins follow to bitcoin and also grow up. WE can only observe these movements. The cryptocurrency market doesn't obey any analytics and forecasts. The most of the coins are held by whales and they manipulate the cryptocurrency market. We can only keep up with these actions and buy in the fell.
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Соглашусь с товарищем выше... Чисто манипулятивные движения... Которые мало того что вынуждают многих метаться, так ещё и нервничать - что касаемо изменений в жизни! Волос седых на жёппе в общем добавляет! Терпение и выдержка-основа в каждом бизнесе.Спешка нужна лишь при ловле блох.Криптовалютный рынок молод и поэтому здесь процветает спекуляция.Благодаря майнингу многие крупные компании влились в этот рынок ,появились новые технологии. Моя жизнь тоже круто изменилась:стала интересней,разнообразней,появился азарт.Это занятие напоминает игру в покер-расчет,анализ и вера в удачу.
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