It is not ridiculous at all, good guides are thorough and this is definitely a good one! And because it can be confusing for someone that is relatively new like myself that is still trying to figure out all ins&outs of this forum, this kind of guide is needed, with each step explained.
Not the guide, the system is ridiculously complicated. The guide is great tho we shouldn't need it. It's great that you have the time and the patience, but probably less than 1 out of 1000 users will ever see this guide and even fewer will read it and a tiny fraction will understand or follow it. Unless this thread is pinned, it will be forgotten in a week and even if it's pinned it's going to be just for one board's visitors. It needs to be added to the sites main menu, along with flag, merit, forum rules guides, whatever else is there that users are supposed to know. Even then it's mostly scammers and spammers gonna use it to their advantage. Regular users who come here to talk about crypto don't have interest for this royal court theatre.
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Well telegram is the heaven for scammers.
It used to be skype with similar exploits. Scammers will use whatever they can. None of these chat services are supposed to be used for trust or identity verification. People are just dumb. People are getting scammed over the phone (I mean voice calls over the phone) still.
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With this moves signature campaign is also at risk of extinction
I don't see how it relates. Newbies are not able to have signatures anyway. If you're saying that the whole bounty/campaign business is going to collapse - that's possible but unlikely. Signatures have been around for a long time, well before the altcoin/token boom. There might be fewer campaigns, lower payments, that's fine, that's just business.
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This is beyond ridiculous. If you need a guide this long to describe something as basic as trust feedback you know that most people are not going to use it, worse yet, probably use it incorrectly and spoil it for everyone. And this doesn't even include flags.
Good job describing it tho.
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I believe that there are promising altcoins. 99 percent is a lot, I would say that only 70% of altcoins are garbage.
Coingecko shows 5800+ altcoins. Obviously there's more. This forum has 1000+ pages of announcement threads, so that's I think 40000+ threads, isn't it? But let's assume there are 5800 altcoins/tokens. I would have a hard time finding 50 (~1%) of non-garbage coins, let alone 1700 (~30%). So I stand by my assessment that 99%+ of altcoins/tokens are garbage.
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Bitcointalk admins and moderators have nothing to do with bounties. This isn't a fiverr or some other gig site. This is a forum where you talk to people. Getting paid for posting twitter and facebook links is too good to be true anyway so not surprising if that's gonna end one way or another. If a bounty campaign scammed - you can bring up a scam accusation.
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The hardest thing to grasp for me was the difficulty adjustment and the ASIC arms race. I had this dumb idea at one point (and it lost me quite a bit of money mining LTC at the wrong time) that difficulty would rise nicely and gradually. I learned the hard way that it can rise 20-fold withing a matter of months rendering mining equipment worthless.
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I'm inclined to say they should have cancelled your outstanding bets when they froze the account. But if your bet had gone the other way, you would be complaining that they cancelled a winning bet, wouldn't you?
Ideally they should have done whatever checks for self-excluded accounts they do before you placed the bet and prevent it from being placed. You'd still be not happy but at least it would be a more neutral policy. And if they detect an issue after a bet is placed they should allow existing bets to be managed while preventing new ones. I don't know how feasible it is tho.
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Hey, don't take my suggestion literally. That's exactly what I meant by having them "Under a plant" LOL ok You can also back up online a normal seed (without passphrase) by replacing few words, and remembering these words, or storing them in another place.
Just make sure to replace them with BIP39 words otherwise it might be easy enough to identify and bruteforce the missing words. Sorry if you meant this, it wasn't clear.
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Create a seed, backup the seed on 2 Encrypted flash drives and probably place them under a plant in my home Even if one of them fails I will have the 2nd one. The more flash drives you have, the better [I'm going to ignore the recommendation to use home-phoning malware known as Windows] Do you even need to hide the flash drive? If anything, a hidden drive (if someone knocks your plant off accidentally and finds it) will look like it has something valuable in it. But you just throw it into a drawer with some random junk it will look like any other flash drive. And better store the other drive offsite (work, car, etc) in case your house burns down. That's assuming encryption is reliable. Some "hardware encrypted" flash drives are not. I'd rather use known good encryption software at the file level, which allows you to do some other stuff, like make the files seem innocuous if someone looks inside. Although that also has pitfalls (speaking as a former TrueCrypt user here). Or just skip the hassle and use paper. Proven technology, thousands of years old, with plenty of options to obscure and to secure.
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Lol this is like propaganda.
It is, but it's positive propaganda, it's not like some Cold War black-and-white movie or something. I even used a warm and fuzzy reference to grandkids - who could possibly not want grateful grandkids? If this doesn't work on you then you might be a lost cause. Keep altcoining then.
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Only the exchange itself can help since they're the ones holding your money, so don't fall for any shady users offering you assistance via PM or anything like that.
Contact the BitBay* user that Bitcoin_Arena mentioned above - if there is a communication issue with support you should be able to resolve it.
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Yeah you are right, but I wanted a way to access my wallet as I usually live remote, away from where I would have kept my keys in physical & permanent location. Can't risk it to carry them along with me wherever I go.
Invest in a hardware wallet. To paraphrase Dan Geer: cost, security, convenience - you can only pick two. If you're trying to make it cheap AND convenient you will sacrifice security and that's not a good thing when you're dealing with money.
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You're replacing one potential problem (physical damage to a piece of paper) with multiple passwords, a cloud service, etc. Too complicated and too many points of failure.
A laminated piece of paper in a waterproof/fireproof safe works well, maybe a second copy offsite if you're really paranoid. Or a hardware wallet.
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With about 951 posts, you are asking how to abandon red trust?
Posts in bounties. Bounty hunters aren't really participating in the forum, they're just farming links for altcoins. I doubt the OP will respond or read this thread anyway.
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Tell me what's did you still make a thread when they already have an ANN thread?
I guess they're just using cloudbet name to lure people into their chat. I wouldn't be surprised if they attempt a scam along the lines of "deposit some money to get a bonus".
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I think you are using too broad a stroke to group all altcoins together. I get it, the altmarket is down from its previous highs. But don't forget BTC is down too. And it's not like choosing an alt is always betting against BTC, sometimes alts rise at a quicker rate than BTC -- LTC did this earlier in the year.
BTC is way way up relative to altcoins, which is what this thread is about. BTC dominance increased significantly since the bubble. Again, we can cherry-pick anything to prove anything but as a whole altcoins suck compared to BTC and will continue to suck. The answer is easy ... the OP sold his altcoins and is now holding BTC. So of course he now says everyone should sell their alts and buy BTC instead.
It's no different than the typical shill posts here for any other coin. If he was holding ETH, we'd be hearing how everyone should cash in their BTC for ETH instead, BTC is doomed due to slow transaction speed, or whatever.
LOL... BS... If hadn't sold you'd say (and many said in this thread) that I'm just venting my frustration. My thread is not going to move BTC in any significant way for me to benefit from it. All I'm saying is - don't gamble by holding altcoins, you're likely to lose in this game, and most bag holders will lose. The few that make some real or imaginary gains will yell at me that I'm wrong but I don't really care. I said what needed to be said even if you don't like it.
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If someone wants to gamble they will find any excuse to do so. Maybe John bought more bitcoins at $4000 and now it's $8000 so he made some money and thinks he can afford to gamble some.
Bottom line: be responsible with your money, bear, bull, or goat - doesn't matter.
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