Latest posts of: okorocrypto

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141

Other / Beginners & Help / Re: Few advices on how to avoid scams

on: May 13, 2018, 08:49:37 AM

I have had a terrible experience regarding these scams. There was one that never did ICO but stated that they will distribute all their token through airdrops and giveaways. The only conditions was to have certain quantity of their coin which offcourse was readily available at Etherdelta. People started buying the token from there to meet their requirements for free giveaway. On one fateful day, they dumped on the community and ran away to prepare for the next scam. The coin am talking about is Otho

142

Other / Beginners & Help / Re: How can i know which bounty is good?

on: May 13, 2018, 08:38:54 AM

There are many factors to consider. The project is the first. It must be realistic and the team should have made some progress on it. Next is the team and the documents they present. These should be verifiable unless projects that requires anonymity like those that strive to offer a change that governments may not want. Nevertheless, the percentage of the total token supply allotted to the team is also another factor to consider. Fraudulent teams and project allocated large amount of the token to themselves and this gives them the power to control everything and in most cases they dump and disappear. Finally the smart contract should also be studied and verified... this will ensure transparency.

143

Other / Beginners & Help / Re: Airdrop alert

on: May 13, 2018, 06:45:21 AM

Quote from: mithrim on May 06, 2018, 01:34:05 PM It's easy, don't ever take part in something that wants information from you that isn't publicly available or can be made public without harming you. Simple. Don't give private keys, don't install anything, don't make KYC by giving away your personal data like ID etc. Are you saying that we should never submit KYC documents ? If no, on what occasion can one participate in KYC? The last time I checked, most legit airdrops carried out KYC example, Polymath and Shipchain. These are correct Airdrops and projects and KYC was compulsory.

144

Other / Beginners & Help / Re: How to get know about good tokens

on: May 13, 2018, 05:10:59 AM

We should not also forget the saying that good product will market itself. Good bounty managers is good but the product is the key.

145

Other / Beginners & Help / Re: Airdrop alert

on: May 13, 2018, 02:18:16 AM

Quote from: sham100899 on May 05, 2018, 12:48:50 AM Please beware of some scammers who use fake aidrop to get your personal information. And break into your account using those information that they get from you. In order to avoid this kind of scam you need to join airdrop of those legit airdrop channels or sources, and you can easily distinguish that it is a scam if the airdrop information makes you doubt if it's legit or not. Just read first before joining any kind of airdrop and join airdrop from legit sources. Hope it helps! You are very correct, several attempts have been made to log into my trading account using information I supplied through scam airdrops.... I was just lucky that those attempts were not sucessful.

146

Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How profitable are doing bounties?

on: May 08, 2018, 10:02:39 PM

It can be frustrating sometimes because the income is not regular. However, on the long run, it is a good way of making good income.

147

Bitcoin / Development & Technical Discussion / Re: How exchanges make wallet adresses?

on: May 04, 2018, 11:18:44 PM

Quote from: bob123 on March 26, 2018, 11:30:28 AM Quote from: wsxdrfv on March 26, 2018, 09:16:11 AM So then, how to pregenerate addresses like 100,000 numbers at once without click [Request payment] button in wallet program 100,000 times? The easiest probably would be to use a small script to generate private-/public- keypairs. It is important to pick a script (or better: write one yourself) with good entropy. Any bug/vulnerability/mistake in implementation could make your private keys 'guessable' and therefore unsafe. Quote from: wsxdrfv on March 26, 2018, 10:28:41 AM And so this means, exchange generate whole address for users with exchange his own private key, exchange can access whole user's addresses? Of course. An (deposit-)address from an exchange is always in full control of the exchange itself. You (as a customer) are depositing to the exchange. From this moment on the exchange is in control of your funds. In return they give you 'credits' which match your deposited amount/crypto. Those are just assigned numbers in their database. Only after withdrawing (after transaction got confirmed) you are in control of your cryptos again. You are right on this. I made a transaction today to my exchange wallet and I noticed that the TXHash shows my transfer to the exchange wallet but under it I saw that the funds was actually moved from my exchange wallet to another wallet though, the funds actually showed in my wallet as balance. As I saw your post it now became clear to me. Thanks for that clarification.

148

Alternate cryptocurrencies / Altcoin Discussion / Re: Should I invest to Ripple?

on: May 04, 2018, 12:39:05 PM

Quote from: lushlifing on March 30, 2018, 10:04:48 AM Ripple is a shitcoin as they say, I've heard alot of negative comments about Ripple, they say ripple is a scam coin because it's centralized and majority of the holders are from banks. What do you think? Should I trust Ripple? The decision to invest in any coin should be a personal one. There have always been rumors for everything. Don't forget the huge rumors about cryptocurrency in general just this year. Many people sold off their coins with the mindset that crypto is done. Today many of them are regreting. Am sure every good project will always have criticism such as Ripple is having. To me, Ripple is doing just fine and I feel it will do even better than what we are seeing at the moment.

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