I deposited 0.097 BTC to Bitsler after I had won on another online casino. Typically I wouldn’t deposit such a large amount of Bitcoin, but since it was all pure profit I did. 9 minutes after depositing someone withdrew it. The owner of Bitsler told me simply, and I quote, “ damn all those scamers are really a cancer!” Gabriel is his name.
Support was helpful. They told me since I didn’t have 2FA enabled I was vulnerable. My question to them was why did I still have more than a Bitcoin in my wallet on the site from where My deposit to Bitsler came? I didn’t get an answer. In fact, I never enable 2FA. On any site. Yet once I deposited at the time what amounted to just under $2000 in Bitcoin it took all but 9 minutes for it to be stolen. What’s worse is I have a history of pure honesty with this casino. I actually returned 33 Bitcoin to them last May. Because I found a technique on their Roulette game that couldn’t lose. I told them early on. After I was up to 38 Bitcoin profit they took 32 Bitcoin back and gave me just over 6 Bitcoin as a bounty. Yet when I’m basically robbed of 0.097BTC all the owner, Gabriel can say to me is, “damn all those scamers are really a cancer!” My 2FA is enabled now.
That sounds really weird! Like almost impossible unless someone was constantly monitoring your bitsler account 24/7 to see when a deposit was coming. And lol did he for real just tell you those scammers are cancer? Why does it feel like you are just making up stuffs. But if it is really true, then high chances are you just got hacked (once again, weird how everything took place within 10 minutes). Did they check for any suspicious login or different IP? Don't you get an email from them if someone from another computer logins in? Maybe try making another small deposit and see if you automatically lose the balance. But yeah, make sure to enable 2fa. Extra layer of security is always better. Or probably think that your machine is already compromise that's why the hackers are just monitoring you activity and once you deposited to bitsler, they didn't waste anytime to get your bitsler account and your password to steal your bitcoins.
If machine is compromised, his other account would already be hacked. He did mention that he didn't lose his balance from another site that is holding more than one bitcoin. |
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All I know is, if you store your coins in coinbase, you don't have access to your private keys of your wallet. It is coinbase that has access to it. This means that you actually don't own the coins. Again, coinbase is centralized. This means if coinbase gets taken down, you might lose all your coins. Again, if your coinbase account isn't secured enough, and if your email gets hacked, chances of your coinbase account getting compromised is high. So many reasons why you should avoid coinbase if you wish to store coins for long term.
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I'm seeing this particular topic on twitter today and it's got me a bit stumped. So I would like to ask my hero bitcoiners here for their advice:
If bitcoin's price and market cap continue to increase, and if a 2nd layer or off-network protocol allows people to subdivide their satoshis into smaller and smaller units, does the whole 21 million BTC supply cap even matter anymore?
Yes, the 21 million BTC supply cap still matters. If this 2nd layer off network protocol allows you to subdivide satoshis into smaller unit, the 21 million BTC supply is still the same. It's not like when you split those satoshis into two, your supply changes to 42 million BTC. Add all those subdivided satoshis and you will end up with the same 21 million BTC. If there wasn't any cap, things wouldn't have been the same. We wouldn't even need those off network protocols or sub divide it into smaller units. |
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-snip-
I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.
-snip-
What if that $6,000 never comes? How are you so sure that it might hit "maybe next year"? So, if the price never falls below the expected level, I guess you will never buy bitcoin, but why though? Is it because you think the current price is "too expensive" to afford? In that case, why not just buy fractions? Maybe get $6,000 worth of bitcoin? Is it because you think its too late and chances are its going to crash? In that case, you better stay off and at least be prepared not to regret when you see the price increase further. |
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It is never going to stop. Catch a new scam and expose them, five minutes later a new one will pop up. Do you really think people will give up trying to make some quick easy money by scamming dumb people? No they won't. Services that are probably scam aren't moderated. It is not the responsibility of the moderators (as far as I know) to catch scam. If you see or think something is a scam, you can warn people on that thread. If it is a self moderated thread, you can open your own thread in the appropriate board and warn others. In the end, it is the responsibility of the users to keep them selves safe from such scams.
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-snip-
Am not saying you -Newbie- did the error to join now the price is above 20k and above the all time high, there is no bad time. But as you are excited about the price, being into crypto-coin be wary and sensitive too.
Don't scare them lol. There is no "wrong" time to join. As long as you didn't join to make quick profit and here for holding long term, you will be fine. I am sure they are aware that the price is "sensitive" in the market. -snip-
+ scams: this is there time -the scammers- be sensitive about what crypto-coin you buy, where you buy them, and how you buy them.
+ the price may flip-off the exciting rising road, don't want this but except it.
+ work easy: be patient, learning and smart.
1. If you play smart, you won't be scammed. If you fall for their dumb tricks or take no cautions, you deserve to get scammed. 2. Like I said, they are probably aware of this. If they invested huge amount of money, they probably did their homework. If not, this experience is going to be a lesson for them. 3. Obvious. |
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Does look like XRP paid them to host the competition to keep them relevant in the market and have trade volumes. But the reward distribution looks weird. I mean someone with lots of XRP can literally claim majority of the reward. I am sure they tried contacting other exchanges too, but they denied. Truly sad to see they have to take such measures. With Bittrex also announcing the delisting of XRP, the price is going to go down even further more! |
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After seeing the growth in the price of the coin in the past few weeks, it leaves us confused as to which investment to make. I want to invest in all of the coins. but only a little capital owned. what action am i taking right now?
You don't want to invest in "all of the coins". You will literally lose all your investment. Around 99% of the coins in the market are either shit coins (clone of other coins and has no real use case) or are scam coins (mostly are pumped and then dumped or prices are manipulated and controlled by the developers). Just pick few well known established coins and spread your investment. Try investing 50% of your coins in like bitcoin and ethereum while investing the rest in other coins of your choice. This way you won't be losing much in the long run. |
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I'm still confused by the people who always ask the best altcoins even though we can all see if ethereum is still in second place. Are they all still not aware that number two is the best in altcoins because the first position is bitcoin
Just because ethereum is second in place doesn't mean it is the best. I know ETH is good and better than most of the altcoins but what I am trying to say is that what if a shit coin due to manipulation ends up being in second position. According to you, it would mean that it is the best. If I recall correctly, XRP took over Ethereum and become second by total market capitalization. This according to you would mean that XRP is the best altcoin. In fact it isn't and look what is happening to it right now. And people looks for best altcoins so that they can invest in different coins, not just one. |
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If you are looking for long term investment, best go for the ones that has been in the market for a while and is well known. Go for coins that has active community and huge support. Coins like you said, bitcoins and ethereum are the one with least risks for long term investment. Avoid those that are new or aren't well known. Don't fall for the hyped coins. Most of them are scam and shit coins.
If you still want to invest in different altcoins, then put most of the investment in bitcoin and ethereum while using the rest for other coins.
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We already know what the enemy (covid-19) looks like and that's why 2020 is a very bad year but in 2021 even if another big cases of covid rise it's not going to be like what weve experienced because we can now be more prepared compared to when things happened out of no where without any preparations
Not really. We still don't know a lot about this virus and how they mutate. The new strains looks deadly, yet we don't know how much more transmissible it is going to be. We are not prepared at all. Instead people are going crazy. They don't want any more restriction. Put more restriction and you will see how people starts to go all violent. Sadly, most of them don't understand the dangers of it. Nothing has changed. It is all the same and it is going to be the same until mass immunization takes place. |
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I think u know WiseToken,it’s hot now.And I have a certain understanding of WiseToken,but I found the return on the two ETHs I invested on the 34th day of the program will be very low, it is not wise to continue investing in WiseToken.
So when i see a new platform named TokenField(Day4),I am confused whether I should invest in.I carefully observed the website of the platform,I found it almost exactly the same as WiseToken.As investors, we discussed a lot about Tokenfield in the Wise telegram group,some say they are liars, some say they are copyists,but for me, I just want to make money.Finally I put in an ETH as a try.
I know how to allocate my investment, but I know little about smart contracts and Uniswap. So I would like to ask u guys whether models like Wisetoken or Tokenfield are the same as ICOs a few years ago? If it sends money to Uniswap means my rights can be protected?
Although Tokenfield provides an audit report from Telescr.in, if anyone here is proficient in smart contracts and Uniswap, can you check if there are any loopholes?
Not sure what rights you are talking about. How is Uniswap going to protect any of your rights though? I hope someone is able to answer your question, but if you are trying to invest in those tokens just to make 10x profit then you should. Forget about getting rich over night. There is a chance you will be losing 100x within few days if you keep on chasing tokens that will give you quick profit. Why not stick with well known tokens or coins? At least investing in those tokens won't come with huge risks (they still have risks associated). |
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Hi fellas!
We have witnessed a tremendous ICO trend in 2017-18. I am sure a lot of you would have participated in many ICOs. If not, you would have received altcoins as a payment mode from bounties. So, what have you done to them? If you haven't sold them, what is your plan with them?
Highly likely most of them sold everything they had once the hype was over and the price of the tokens were tanking really bad. Those who are still holding them are probably regretting and in a stage of denial. They think the prices will rise back again. Unfortunately it won't rise back. Those were shit tokens that people invested like sheep when there was the ICO hype. -snip-
It's not that I lost a huge sum as a very few of them had returned back invested amount. But I am not sure now what to do with these. So, if you are holding any of these of such ICO tokens, what are you planning to do with 'em.
Don't ask for peoples opinion. Doesn't matter what they are doing with those tokens. If the tokens you are holding are worthless, then just sell them and invest in bitcoin or other well known altcoins. You will be getting better profits. |
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Poor marketing has something to do why the projects failed. If the dev cant execute a good marketing strategy then they cant attract investors to support their project.
-snip-
I doubt they had "poor marketing" strategy. They all start with the intention of "failing". They make all those false promises, gain peoples attention and a hype is created, they slowly exit scam people without even people realizing that. No matter what "marketing strategy" they apply, serious investors know what the real deal is and will avoid them at slightest inconvenience. If a project has potential and the developers keep on working, they are bound to succeed. This is some of what I notice to these projects that are not scam but has bad ending.
Like I said, I have a feeling they make it look like they didn't try to scam people and had a "bad ending", but these were planned all along. |
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If someone wants to buy a Ferrari with his coins, then he probably needs a Ferrari more than anything else. If someone needs to survive with his limited money, he is not going to buy a Ferrari and will try his best to manage his money in such a way so that he can live with it up to an extended time.
If he needs to survive, I doubt he is going to invest in crypto currencies. Investing n crypto currencies have a huge risks. He would rather use it for investing it somewhere more safe than crypto.
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Why even bother searching it. The name itself sounds like a shit scam coin. If you haven't heard about a coin being discussed by anyone or the crypto news, then it is highly likely a shitty scam coin. Stay away from it! High chances the user is shilling for this coin. He is hoping people will start reading about it and see the chart where prices are being pumped and mislead others into investing in it. |
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You sound like one of those guys who are holding huge amount of XRP. You still have time. Dump them all and save yourself from further losses. I am sure once everything settles (going to takes years if not months i guess) the price is going to start going back up (probably? You never know if they are going to face the same problem in the future again) and buy it back when the is about to happen and maximize your profit. In case of XRP, this is not a FUD.
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The volatility is going down because the number of users is going up. Isn't it obvious?
It's easy to make 100 people panic or get hyped at the same time. It takes more time and effort to do the same to a million people. Even harder to do to 10 million.
You sure this is because the number of users are going up? Care to explain? Because this isn't obvious for me  . Shouldn't it be the exact opposite since we have more and more users starting to invest every day. Like people would be constantly buying and selling to make profit, hence making it more volatile unless like the exact volume is being bought and sold which is almost impossible. Moreover new investors are more likely to create more volatility. I would say it is getting less volatile over time due to people getting a better understand of this technology. |
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Why exactly do you think it has failed? Just because you now need better equipment to mine? Lol, I don't remember reading anywhere that bitcoin was made to be able to "mine it easily". Bitcoin was made to be used as a currency without having any third parties involved. It was made so that only YOU own the coins. Not the banks or the government.
And no. Bitcoin hasn't become a "elite" class or rich people currency. You can still fractions of bitcoin. And if you can't mine, then help by promoting it in a positive way.
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Ouch! So I guess the price is going to start tanking even more. That sucks for those who have been holding XRP. But, yeah they did know about the risks associated with centralized coins like XRP. I'm really concerned about this ripple case. Not because i care about ripple (never ever had even a 1$ invested, maybe daytraded it once or twice) but isn't it the first attack, which will then expand on all tokens behind which companies are standing and which have acquired capital in the form of ICO (f.e BNB, KCS, HB) or even all ICOs (including etherum)?
I know that there is no way to sue majority of ICO projects but it is possible to force exchanges registered in US to delist them. Can you imagine coinbase, bittrex without 99% of coins?
True, they can't sue majority of the coins or ICO projects and taking down 99% of coins is next to impossible. Don't want to offend anyone, but most of those altcoins don't even deserve to be listed. They have no real use cases. Would be better without those coins. Even if they get delisted by exchanges registered in US, traders will move to other exchange which supports them. |
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