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That's so true, it's always best to save your funds on blockchain wallets that have been in the system for at least 3 years. That way you know they are in to offer some serious services to the crypto community and not steal the monies of its users. Also, for the sake of data privacy you don't want to give your details to any new company out of the blue in this industry.
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Following 10 years of presence, the subject of whether the mass reception of digital currency has been begun is still bantered in the space. I would like to ask specialists in the crypto and blockchain businesses is there or have there be any huge crypto mass adoption compare to 10years ago?
The mass adoption is increasing at a steady pace. no need to rush it..It took a very long time for people to understand the use of money in making transactions. The likes of Amazon, Ebay and other companies like Samsung, Apple have all announced the use of cryptocurrency wallet embedded in their phones so definitely we progressing towards this goal but it's not going to happen within a flash. |
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GRAM Tokens is definitely a very good coin to look at for when it finally goes on exchanges. I guess it would be among the top 10 major altcoins when it hits the crypto market because of the huge investments that went into its private sales. So many people are getting to use telegram now and this can also help increase the price of GRAM token. I registered with their bot and got me some test net tokens  |
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This article explores what a 51% attack on bitcoin might look like but pretty much says it's not feasible not only due to acquisition of hash power but moving the funds.
It also looks at some alt coins who are more susceptible than btc to the attack
There is another attack vector in commandeering or DDOS the 3 mining pools that host more than 51% of the hash power.
I have seen quite a number of altcoins that have been successfully attacked and the hackers being able to send the funds away. No need to mention names but if you have been here long enough you would know this or probably just use the google search button. Bitcoin network has grown so much to undergo a 51% attack successfully. Definitely some nodes can initiate that but i bet it would be successful looking at the hashpower needed and bitcoin's difficulty level at the moment. Hence my trust in bitcoin network above all others! |
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why many of so-called blockchain projects these days are scammers, is this was motive behind the technology? many real investors are not confident to participate due to fake blockchain projects all over the internet.
what are your views
I share your frustration @OP. There are numerous projects out there who don't give a dime about their use case or about their project, all they care about is the funds that was raised during the ICO, IEO, STO etc. once they have accumulated some decent amount of money they ignore further developments of the project and blame the market for this  In the midst of all these scammy projects there are a handful of good ones such as Harmony or better still just stick with already developed and working projects in the industry. |
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OGs are not moved by the sudded dump or fluctuation in the market because we know it's all games being played by whales. Even in this short increase in the crypto market I am still holding and not wanting to sell anything as there is a huge potential that the market will rise higher by the end of this year.
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It's pretty funny anytime there is such spike in the price of BTC these things happen. Well i guess everybody has his/her sell target for BTC and probably this is theirs. I am just waiting to see the day that Satoshi is also going to move any of his genesis block rewards> He might be waiting for $50K per coin then.  |
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That's some cool tool that you just shared mate. These wallets need to be made known to the community so that newbies can stay off those scammy wallets.
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This crooked backwards run no good doesn't care one bit about its users ass site directly told me via big ass notification on my account that my wallet was active and I could send BTC as normal. It did NOT tell me I couldnt trade until I contacted support and went through a whole long process. What it said wa s I'd need to verify my phone number and given that it said my wallet was fine and I'd be able to send BTC aka withdraw ifsomething went wrong i went ahead and deposited, which it let me do just fine with zero indication of wallet issues. Well when I tried to verify it said THEN that I couldnt do the thing the note on my account said I needed to do and I had to deal with "3-5 days response time is our best case scenario" support. Ok that's a little annoying and a bit of a waste of time but oh well not the end of the world. I'll just send the BTC back to myself and sell them another way. WRONG. That giant note encouraging me to deposit and assuring me my wallet is perfectly fine and I'll have no issues sending BTC apparently is a flat out lor at best and an intentional mislead to get my/your money locked into their thieving site at worst. Now my BTC is stuck there until I can deal with support (go check the localbitcoin reddit for an idea of how quick painless and productive that is) and I was told by the site specifically that I wouldn't have this problem.
I'm ok with the forced vacation shit if you say I got hacked. I can go through the hoops to get my account back fully active and open back up trading. I can accept all that. I cannot, but no choice but to accept, that I have to go through all this time and all these hoops just to get my own coins which they said I could send and which it happily let me deposit without a single hint that I shouldn't beca[Suspicious link removed] coins were going to be A)useless for quite awhile and B) stuck on this stupid crooked site for an extended time and that it was acrually worse tHan pointless because it's actively denying me my assets and making me go through a process that at this point with how unsatisfied I am I don't even care to go through because I'd just as well never login that gross shady website ever again (and I've been a member 6 + years) but unless I wanna donate to them for my troubles ill be forced to jump through all these stupid hoops just to send my own BTC which I already am supposed to be able to send back to myself and then log out once aND for all from localbitcoins aka the first business to ever, in 34 years, make me feel righteous indignation. I will be copy pasting this on every social media I can think of who might remotely know what localbitcoins is and while I may not accomplish much you better believe I'm gonna try. And since I'm just screwed on the thing I needed my to sell those coins for when I finally do get them back I'm going to use the money to buy ads anywhere i can and through ad words in general highlighting how shit this company really is.
If I'm you and my experiences with them have always been good then I'm quiting while I'm ahead and moving on to something new because localbitcoins doesn't care about you even a little bit.
Ugh.
OMG, has it come to this now with localbitcoins. Hence my hate for developed escrow services, i would rather trust a certified centralized institution to cash out my cryptocurrencies than to sound all greedy in the name of higher rates and get involved in stuffs like these. |
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This post really made me laugh out loud because i remember i participated in a bounty campaign that made gave me about $10k on the sheet. I remember i made a whole bunch of plans with this money yet i never received it. Ever since then i really don't join any bounty but i conduct my research enough to know whether if it's legit or not.
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Yes, the sudden dip in the crypto market is a good opportunity to enter the market at a very low price and make some profits when it rises again. My best bet is to invest into bitcoin but Ethereum and Binance Coin are also not bad cryptocurrencies to invest into even though it would take a real time before we see a huge rise in their prices again.
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I think both the blockchain technology and cryptocurrencies would help increase the output of companies as the chain of transaction is reduced through a decentralized platform. Also this will ensure transparency in all transactions hence reducing the occurrences of corruption
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I don't think we need to vote on this as the answer it's pretty clear to us all. Bitcoin has been dominating and would forever be. Stats on coinmarketcap don't lie, you can always watch it from that end.
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I have been in such a situation before. i remember when i sold about $2k worth of BTC during the range of $3k -$4k. i was so mad when i saw this rise up to about $6k in less than a month! But i guess it all boils down to using the money for its rightful purpose and this was to pay my nephews fees for school.
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I doubt he would ever do that. However i am sure he has a cloned account in the forum and other addresses full of bitcoins he mined for himself. let's all leave this dude alone and see how we can make his dream a reality.
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Cloud mining has not been my thing ever since it got introduced into this industry. Most of the platforms I knew back then got closed down and investors lost their money. Mining is not really profitable these days looking at the cost of expenses needed to be made. Better do some margin trading on Bitmex under full guidance though lol else you will get rekt
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MT.Gox hack has always been a big mystery which never got solved so it would be great to see the culprits brought to book. However, I doubt whether this can really be resolved and funds returned to their rightful owner.
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One of the clear reasons why Bitcoin has stayed the KING of all cryptocurrencies for a very long time is because of the huge demand on its use. Almost every cryptocurrency out there is listed against it as a trading pair. There are countless number of online shops that accept only Bitcoin as mode of payment. The only way any altcoins possibly ETH can overthrow BTC is to have such a huge demand and I don't really see this happening any moment from now so better hold some BTC and wait for the bull run
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So many people are trying to take advantage of the man nymity of cryptocurrencies and scam people of their hard earned funds. Always make sure any marketplace you are trading on is well known in the industry and probably have also read positive comments about people receiving their orders. Don't make any purchase from new websites else you will lose your money. I don't think you will get your money back so learn the lesson from this experience and stay safe!
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As silly as it may sound i still get some slight bumps anytime a story about the emergence of Satoshi Nakamoto seems to have some bit of truth in it. The emergence of Satoshi Nakamoto would bring up great confidence in the investment into bitcoin and i think this is the reason why most people get excited about rumours of Satoshi Nakamoto showing up even though i bet he would ever pop up.
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