These scams are build on greed. Do you really think Bitcoin or the community has something to do with these scams?

When I see someone who tells me to send money to him and he will give me back 2x the amount I just laugh.

Would you send Elon your USD if he tweeted that for every 1000 USD he will send back 2000? I guess not. Why do people send these scammers cryptocurrencies?
Maybe because they don't treat their crypto seriously? Maybe because they don't think it's real money? Maybe because they think it's cheat money that can be hacked and multiplied?

Long ago there were fake blockchain hacking programs circulating in the Internet. Stupid and greedy people were installing them thinking they will hack blockchain and get free bitcoins.
The twitter scam is just another iteration of the same thing and you greedy people are still falling for this.

If you ask me what I can do about it my answer is nothing. I don't even want to do anything about it. Greedy and lazy people want everything to be done for them instead of thinking before they act.

Most companies like that are legit but it's best to go there and see the shop when you decide to deliver. Many companies publish pictures and videos of their workspace online.
Check out these guys: https://www.youtube.com/watch?v=SzIS_q4yS88 100% legit company with a great reviews.

If you see someone working out of a something that looks like a fastfood stand or a doughnut shop watch out. There are many people who can do simple recovery cheap using software. Not many with a lab that can swap memory modules and physically rebuild a disk.

How can you sue a place where you went knowing there's a virus flying around? It doesn't matter if the environment was sanitized or not it's up to you to stay clean and not lick your fingers after you've touched a table.

If they were to sue them no court should rule against the casinos because there's now ay to prove these people did not get infected walking there or going back home from the casino. TThey would have to take a test before going to a casino and coming out and have a number of witnesses who would testify that they weren't sick before entering.

Crypto projects are like any other. Sometimes a builder starts a house and never finishes. I'm sure you can find many such buildings in your area.

People get into sudden hurdles or fall out with their partners and the project becomes postponed forever.

It's not all that bad. Maybe it's better if a project dies before being able to scam anyone or become another dumped shitcoin.

It's never to late to buy Bitcoin.

I hope you're trolling with that ponzi allegation. Nobody is going to take you seriously if you keep that attitude up. You can like it or not, be for or against it, but saying stupid things will stick a troll label on your back. Not the smartest way to start a forum career.

ETH - more popular and longer on the market. TRX has more signs of a ponzi, some people even call it a scam due to its semi-centralized structure. ETH on the other hand is decentralized. I don't trust centralized coins and not going to touch semi-centralized either.

While Vitalik is a weird genius, Justin is a PR guy. He throws money around and thinks that if he spends enough money on ads they will bring back even more in revenue. I'd be afraid that one day he says fuck it and bails with all the profits.

I guess the cost of rebuilding their database would be greater than 4 million.

I wonder how they got infected in the first place. The average employee doesn't have server access just his workstation and malware installed on a workstation should not infect the main server. It had to be done by someone higher in the corpo chain

They're not the first and not the last company to pay. Garmin paid more than 4 million.

How do you measure reputation?

The way we perceive any news about bitcoin will be much different from the way a corn farmer or a banker will see it. The more you have to do with technology and investments the less mainstream media news will affect your judgement.

Adoption is slow because people need a reason to switch to decentralized money. The crisis in Venezuela is one of those reasons. The adoption there rose when their fiat money lost value.

I have a better idea. Don't deposit to coinbase!

There are still exchanges that don't make you wait 2 weeks. This is really ridiculous. They could require more confirmations than usually like increase the number 3 times. 2 weeks is something only coinbase could think of.

Your point of view is always relative because you never know in which point of the move you are.

You could be seeing a 100% move up and feel like it's the peak because it just doubled in value but it could be the beginning of one of those 500% bitcoin rallies. You could be at the 80% correction and feel like its the end but really it's going to go down to 95% just like XRP did.

People react to what others do and feel better in a crowd. It's basic market psychology.

The problem with open doors is that they shouldn't be viewed like an invitation but rather open mouth of a shark ready to bite your hand off.

80% of traders lose money on the market. Even more on their first investment. I had a chance to follow a number of people on their Bitcoin predictions and more than half of them were bad. So even if you followed a pro trader you only have 50% chance of making money. Don't do it if you're uncertain you know how.

Selling Cardano and Eos to buy BCH is like trading a typical altcoin for a shitcoin with big market cap just because it has the market cap.

BCH has no real life use, no utilities, is not a platform that you can build on. It's just a clone of Bitcoin that people got for free and were told it's going to be the new king because Bitcoin is bottlenecked. It was all ruse to make them hold it. XRP and BCH are both shitcoins, it's hard for me to decide which is worse.

There's no regulation yet. It's a conception.


A thinktank it's not even an agency or anything just a group with their own agenda.

They probably want to be hired by the government to start checking people's accounts and their gambling histories and have the pwoer to decide if someone is an addict and should be banned or not.

They should not but they do, at least in the general sense. It's not because of Bitcoin but the way it's portrayed in the media.

Notice that when they say that some terrorist used Bitcoin as ransom it's said in a particular way that's supposed to make Bitcoin look bad. They used this unregulated good for nothing but illegal activity currency.

When the same thing happens with the Dollar they focus on the culprit not the money he used.

You should really show us some surveys or something to prove that most people think it's a scam.

From what I see most people don't understand it and they don't know what to say when asked about Bitcoin so they look for something they can associate with it.
Usual responses?
-you mean that money of hackers?
-the currency on silk road where that guy wanted to pay for a murder with it?
-that Internet money some hacker created?
-the money terrorists were using?

Not many good things appear in the news. Usualliy it's hackers demanded Bitcoin, bitcoin ransomware and so on.

We would maybe have enough if there were really 21 million bitcoins in circulation.

Do you guys really not see that up to 20% of all mined Bitcoins could be lost at this point? This is going to be at elast 30% in the next 10 years and so on and so forth.

I don't know what can be done about those lost coins but we will have to think of something eventually or switch to Bitcoin 2.0.

If it ever becomes a world reserve currency used for payments all around the world like some people believe we will have to think of something.

By the time Bitcoin reaches 21 million we will probably have at least 1/4 of that permanently lost and another 1/4 in safe accounts of lifetime hodlers which will leave only 10 million in circulation. That's not enough for over 500 million people. I said 500 because not all people in the world will use Bitcoin just like USD and EUR are estimated to be used by about 350 million people each.

As long as airdrops are free you're not risking anything.

I agree that most airdrops these days are scam but that is because the scammers have learned that people will go to great lenghts to get the coins they were waiting for. So they put hurdles in front of them like:
-do KYC
-make a deposit
-get xxx referrals
and hope to get people in a spiral of slavery for a few bucks.

They dump because most of them are poor people for whom getting 100% of their reward value and 50% is important.

People who have a lot of money are known to invest and speculate because they feel safe and confident. Those who don't have a lot spend and save up what they can. Holding a new coin because it could pump one day is just too risky for them.

It doesn't matter what network it uses. It's a scam because they are not backed. They are not different from any other altcoin with partial backing. You can't be sure if you will or will not be able to exchange your usdt to usd in 1:1 ration in the future.

Past performance is not indicative of future results.