Just because someone got attacked during trade doesn't mean that buying/selling bitcoin in person is bad. Problem is that people are not using common sense and are not careful enough when doing that, which sometimes end uo them getting robbed. Using that logic many things you do in real life shouldn't be done just because someone somwehere got robbed/attacked.
Do you not think that doing physical P2P trading might been abused by robbers? Example of what I am talking about is to physically be attacked, but not only that. The other reason which was the reason I referred to as KYC is that some bad actors can see this as an opportunity to know who is trading on an exchange. They will not attack during the trading but give attackers information about the bitcoin trader so that they can attack him at his house. I can not trade bitcoin physically. |
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It's normal to make mistakes and to learn from it and I think you're letting your emotion to get hold of you whenever you're on a winning run. For instance whenever you're on a winning streak, you don't have to go crazy and be betting recklessly because you were able to grow your balance from $150 to $2000. Be disciplined, keep wagering the same amount or increase it a little bit and at any point if you feel you're loosing it, quickly stop. Also, a good way not to become reckless with your bet is to withdraw your winning and leave just your bankroll.
If I gamble and I win little, I stop gambling for that day. That is just how I like it. If someone gamble and continue to win and he continues to gamble, the later outcome can be very disappointing. I have seen days that I will continue to win until I continue to gamble and I lost more at the end of the day. I prefer to keep wagering the same amount that I started with than to increase the amount of money I am using to warger. If you increase the amount, it can be the start of a way to lose. |
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Giving back to the community? Did community gave me anything so that I can give back if I earn? No community gave me anything and I am not giving anything back.
If I gamble, it is from my own money. If I lose, community or no one will give me anything, so why giving to the community? I do not have anything to give as they do not have anything to give me.
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Or maybe it was your lucky day or night for that matter that after the streamer winning big, you just decided to try your "luck". Don't get me wrong, I also love to watch streamers from time to time and see how they are doing, but being just a regular gambler, not sure if I can win big just like them.
That is just it, it was his lucky day. But bonus buy can make the probability of that to increase if compared with other bets, bonus buy helps gamblers to win more. But in the process that some people want to win huge and they use bonus buy, more money is required and this can lead to more loss. So we can still say that is his lucky day. |
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I have not seen this option yet in my local P2P option, and even if it's available, I will not use it. I'm not a strong supporter of F2F trade.
It is now real on Binance. This is it:  It is the forth one which cash trade crypto in person via cash is. It is very bad that exchanges will make this happen. There should not be anything like this. I am also advising people not to use it if they want a private and protected life for themselves. |
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This has just began on Binance and this is what will be happening on other exchanges. We can see recently how robbers attacked bitcoin and other crypto users and this is becoming common. These are two recent ones: Swedish Bitcoiners targeted by armed criminalsBinance Client Executives Kidnapped, Forced to Empty Crypto WalletYou can now trade bitcoin and other crypto with other local traders on Binance and you will meet at a particular place that both of you talked about. This is just not different from KYC if you trade with bad person. Avoid such physical trading. |
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Just wallet that hold worth of one millions of dollar of cm bitcoin got to 81,000 wallet addresses recently. More people hold bitcoin which are not up to $1 million dollars. Bitcoin was at $36000 when this report was out. https://cointelegraph.com/news/bitcoin-millionaire-wallets-triple-this-yearYou can check some information about addresses on glassnode. There are many people, including institutions that are holding bitcoin. He thought institutions do not have a reason for holding bitcoin? I hope it is not too late when he will realized what the value of bitcoin could be in some years to come. |
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As you can see in the screen shots I set the stop limit for XRP to 0.6263 and for some reason it activated and sold when the price was actually around 0.6298 why did it do that ?
I'm new at this, but this is the first time I have seen it happen. here is screen shot links
Your image is not clear at all. You may use market order and think that it is limit order. Make a trade like that again and use little amount of money. You can also contact Mexc customer care to find out what happened. But I think the mistake will be from you. |
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I only have a long password from which my payment password was derived, and wallet files.
If you have the seed phrase, you do not need the password. Only what you need is to import the seed phrase into Electrum again and set another password. If you do not have the seed phrase, use btcrecover if you remember part of the passwords because the longer the password characters are the harder it would be to recover. |
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Some confidence are stupidity. One of the stupidity is to gamble with coins and thinking that you are trading but instead you are a gambler. Another is to use a high leverage that will make you to continue to lose. Another one is when you are not using the amount of money that you can afford to lose. It is better not to have confidence and not trade if not following the trading rules.
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Why? This: Bitcoin services platform Swan Bitcoin warned its customers that it would be forced to terminate accounts found interacting with crypto-mixing due to the regulatory obligations of its partner banks. And this: Pritzker stated that the current political climate has put a lot of fear into the banking sector, with most banks simply refusing to do business with anything in crypto. Thus, for them to continue their Bitcoin on-ramp services, their custody partner has to interact with banking services governed by FinCEN regulations. Especially, I do not expect people can be complaining about bitcoin and cryptocurrencies in general that they are causing global warming. Mixers are seen to be used for illegal activities but the money in banks are not seeing to be used for money laundering and terrorism financing. Among the most fiats used for illegal activities, only little do the government and regulators know about. If there is no bitcoin or other coins and tokens, there will be illegal activities both online and offline and their scam fiat will be used for it. |
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Thanks, changed it now. was not sure where it fitted the best since the action is some way of robbery and BTC is just the currency.
I have said before, it is not about bitcoin but about altcoin which is USDT on Tron blockchain. We would not like it in altcoin discussion but instead in beginners & help board and beginners & help can help newbies to understand more about this and why they need to leave a private crypto life We really need cyber security and privacy board. |
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First of all, your topic is in the wrong place, it should be in Bitcoin Discussion.
The stolen fund is not in bitcoin but altcoins which is USDT on Tron blockchain. Herevealed that all the funds were taken in tether (USDT) and transferred to a Tron wallet. According to CZ, Binance managed to freeze about $11.8 million, or 94.4%, of the $12.5 million stolen. Beginners & help will be a better board for it. Also, technically anyone who uses the Binance exchange is a client, so I imagine a lot of people who happen to use Binance had been extorted & robbed over the platform's lifetime too.
But kidnappings? That only happens quite rarely.
It is becoming common because people are not leaving a private life. I mean a privacy life for their crypto holdings. Swedish Bitcoiners targeted by armed criminals |
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People are just stupid at times if they are scammed this way. Anyone that want to contact you on telegram or any other social place or media should first make sure that he talks with you here on this forum. It is you that supposed to tell them here to contact you on other social places. Even also here, if it is something related to business and money, something like signing a message with bitcoin old address on this forum should first be used to know that you are dealing with the real person and not a compromised account.
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Here in our country, you cannot disinherit your heirs as long as the heir does not violate what's stated in the law about inheritance and they just used the quoted message as their ground.
The wealth of you parent are not owned by the government or the court. So why taken such to court? The parent of the person have the final say. What I can just say is that a child should not be doing what can let his parent to disinherit him or her. But if someone's parent so something like this when the person have not be seen as a gambling addict, it is somehow harsh. But we may not see what has really actually happened. |
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I couldn't believe this is true until I checked it myself.  https://goldprice.org/Form that chart, gold was around $1900 in 2011 forth quarter. Gold price as of today is $1961. It is better to buy bitcoin instead of gold. |
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Usually I will place a bet to strong/popular club or had many times win via comeback in the second half with a condition the opponent is leading in the first half, this surely make the the strong/popular club is a heavy underdog.
There are matches like that, the strong team that was losing before would still win after the other team was winning before. I have seen many matches that the strong team will still be losing after 95th minutes to the end of the match but later won the match. The odd for this kind matches are very high, but I can not go for something like that because of the high risk. The risk is higher than to go for such match, not worth it. |
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5. KYC requirements can be used to restore accounts after it has been hacked. (Using the documents that were used by the original owner)
Use 2FA with the email and no hacker will be able to hack the email. Gambling sites do it in a way it is not that easy to change your email. it's a hassle and I want to gamble anonymously as much as possible, I know the risk that I am taking by not doing any KYC and I accept those risks. I will only do KYC if I really need to do it, but if there is no need to do KYC I don't see the point of doing it. just to be clear, what I wrote is my preference and opinion and I don't recommend it to anyone. if you feel like doing the KYC would further secure your gambling, then go do it.
KYC do not add to the security. If some gamblers think that it adds to the security, they are not getting it right. If a no KYC casino is legit, they are worth going for. |
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Not necessary and not useful.
To know when an account is registered, click on the user's profile link to see the details.
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