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Ahh the typical we got "hacked" excuse. I doubt they actually got hacked. They bagged investors profit, starting dumping whatever they had and then announced they got "hacked". This are all well planned. I find it funny how they immediately started making another project saying they are "rebranding".
I feel weird knowing that people fall for these scams. How gullible are they? If they are this stupid, they shouldn't be handling/playing with money.
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Probably a scam, probably not. But what are the chances that you will get your money back? What if you sent him like 1 BTC, he doubles it and then decides not to pay you? And why do you need him to place bets for you? I mean yeah, he showed you a screenshot of back to back wins. Probably he got lucky. He is risking nothing over here. If you lose, it won't affect him. Again, if he is really good at betting, why is he betting with peoples money?
Oh, wait. It's a random guy you never met asking for money. Did you forget, stranger danger?
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I would avoid this website. Poorly designed which kinda shows that it was made real quick to make some fast profit. Latest three reviews on trust pilot are calling them scams. They replied saying that you need to play "50 Games" to enable instant withdraw (why?) but their FAQ doesn't mention this. Instead it says you can withdrawals are instant. And then someone says he lost his investment, they replied saying he got banned for multiple account (in fact thats what he is telling everyone after banning them). Oh and according to their post over here you receive 5% commission of all deposits your referral makes. Lmao, you think this is true? Refer your friend and tell him to deposit 1 btc and watch both of you getting banned. |
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Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account.
We should be more concerned about to what level or extent is bitcoin anonymous ?
You are correct. It is pseudonymous. But lot of people think that bitcoin is completely anonymous. And there are those dumb people that commit crimes using bitcoin thinking they won't get caught, but they eventually do. I remember few months ago someone groups of criminals were financing their crimes through bitcoin. They were using voucher codes to redeem coins, but they did get caught eventually. As long as you are connected to the internet, there will eventually a way to track you (unless you take extreme measures). I doubt anyone would want to track you by doing those complex deep analysis unless you have done some serious crime that resulted in national/international pressure. |
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Wait, the coins by facebook is still being developed? I thought they were facing some regulatory problems and some license issues or something and the project eventually died with the hype. But, good for them if they managed to fix everything. This is going to be interesting. A stable coin backed by US dollar (which is backed by nothing lol) and being under total control of facebook. At least people won't be using it for invest and more like for using it as a regular currency. But then, aren't we able to do the same with paypal, cashapp and venmo? |
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-snip-
Why do people still think it is scam?
Why do people still think it not going to be the future
This are the answers
1. Maybe because it's not visible, some people believe in what they can see ,feel and touch ,
2.one of Bitcoin was made for the purpose to eradicate the thrid parties during transaction, what if the thrid parties (banks) are already feeling the pressure of being washed away by Bitcoin and advertise it as a means of scam.
3. Most of the government has an annual share from financial institutions, so imagine a world that exist without banks only bitcoin.that means loss of profit, so they end up banning bitcoin in their country.
4. We are in the 21 century and we are getting more civilized by the year, but u can explain that to a layman or our parents so the believe it to be scam eg Warren Buffet.
1. What about those "digital wallets" like paypal and cashapp. You can't "see", "feel" or "touch" those money. If you want to, you will have to do that by withdrawing it to fiat money. You can do the same with bitcoin. 2. True. Banks see crypto currencies as a form of threat. They have to find some ways support bitcoin trading through banks but in a centralized and regulated way. 3. No one can ban bitcoin. They end up "strictly regulating" and imposing policies that favor the government. 4. Convince them its not a scam. |
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I am not a good gambler. I've never won big money from gambling since I only bet a small amount of money. however, I got money from betting site affiliation which is huge for me. Maybe marketing is my stronger point rather than gambling. I've collected more than $10K from doing nothing in gambling in 2012-2013. I am glad that I am not addicted to gambling. I still can manage myself from gambling. So, I spent that money to buy gadgets, a motorcycle, etc. I gave some to my parents too, because I think it's not money from my gambling activity, but I got it by promoting a website. So, I think it's fine  I didn't have financial planning at that time, so the only thing left from that money is my motorcycle. Gambling affiliation earning is till gambling money lol. You got it by promoting a "gambling website". Those sites pay you from others gambling money. I don't know why people are being so "weird" about gambling money. What's wrong with that? You bet money for fun, you win and you get your reward. It is not like you stole the money from someone or earned it illegally. Why don't you continue with affiliation marketing? You seem to be doing good. |
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I ended up selling all my mining rigs to to advantage of this altcoin season, some could say it's a stupid move but I did this because it's the best option right now, the profits I'm making from my miners are not that much anymore, it's more like my setups can't keep up anymore, instead of investing on new miners i decide to buy top altcoins like Ethereum, LTC, XRP, BNB, Chainlink among the rest
You did the right thing. Sometimes it is not worth mining coins. There are those electricity and maintenance costs that makes mining not profitable at all. And yeah, with new rigs coming and people upgrading, older rigs becomes useless. Good thing you realized this and sold your rigs to buy coins and hold them. Holding coins isn't as fun as mining, but it is a lot easier to maintain and if you invest in those right coins, chances are you will be making some good profits. altcoin season won't last forever but I can make ROI faster than waiting for months or even years to recover my invested money on miners and electricity
True, and it is a good thing it doesn't last forever. You can always start buying again when the so called "altcoins season" ends and make profit again the next time. |
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This is the reality as long as we are modern. Think back to ancient times when people didn't know what money was. They make transactions through products. That is, one would replace the other's meat with vegetables. And that was the process of their transaction. People have changed over the course of the day. At one time they used the leaves of the tree as a means of transaction. Later, gold coins and silver coins were gradually introduced. And today paper money has been created to make transactions easier. But even 300 years ago there was no bank, and today we cannot go without a bank. In the same way, 20 to 30 years from now, maybe the banking system will go up. Because people don't want anyone else to know their bank account. And people will choose digital cryptocurrency as an alternative to this bank. Bitcoin may be his alternative. Bitcoin is a decentralized process. This means that there is no need for a third party in this process. There will come a time when people will no longer take the help of banks. They will manage all the activities of daily life starting from shopping through digital cryptocurrency.
Remember, the changes didn't take place within few days. It took decades for the barter system to be abolished. Again, it took decades for people to make paper money/fiat which is backed by nothing a mainstream currency. Similarly, we can expect few more decades before crypto currencies become a mainstream monetary system. 1. Will the government of a country ever want their banking sector to be abolished?
2. How will the government collect taxes from the people?
3. If the government can't keep track of people's legitimate money, won't corruption increase?
1. I doubt. The government needs a centralized system to control everything and banks are just the perfect system for them to have control of the monetary system. 2. If crypto currencies do become mainstream, it will be centralized and heavily regulated. Taxing won't be an issue. 3. How? |
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You got a nice list but not going to lie, most of those are already saturated. I mean, the competition is too tight. Look at how many bloggers are there. Enter Instagram and you will see shit tons of so called "Influencers". Go to those freelancing websites and you will see how many "skilled" writers, graphics designers and Web developers are there and are willing to work for less than minimum wage! Want to go for selling digital products? What out for those competitors that already has captured the customer base and will be willing to cut their price down to compete you. Though you did also mention some different business like domain flipping that aren't saturated but does require investment and time.
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I guess people would be expecting free coins to gamble. Or participate in various free events to win something they can gamble with. Most of the casino that gives away free spins or bonuses have strings attached. Like you will have to wager it "x" number of times before being able to withdraw it. I guess that is something that people would not want. People would be wanting more like contests that they can join for free and win coins that they can withdraw without any requirements.
Others would want to keep an eye on CryptoGames thread/site. Usually free coins are given away through email and a lot of contests are held which you can join for free!
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Not sure what this "altcoin season" is, but its true that when the price of bitcoin starts to rise all those shitcoins starts to pump their coins tricking people into investing in those coins. And lets not forget about those DeFi hype that is going on. Even dead projects are adding the word "DeFi" to revive their projects and it is working for them! People are falling for those trap and investing in those shitty projects. I remember reading few articles about how some DeFi projects already exit scammed people. Won't be surprised if we see more scams like this.
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Looks easy if you wanna buy bitcoin or altcoin without KYC, ask to your friend and purchase bitcoin on exchange wallet trough with your friend account but later you can sent your fund to your account from your friend account. Look effective if you afraid with KYC and looks very easy how to buy bitcoin without KYC, but disadvantage if your account not pass KYC for binance will limited withdrawing every day and Bittrex is not available for you to withdraw without have KYC. Better try to KYC or looking your friend to submit KYC on your account because will be safety later when need review for KYC again.
So you won't go through the KYC process, but will make your friend go through it? Yeah, if he already has an account, then that is okay, but you do know that your friend will have to report those purchases if he has to. And it is not a safe practice to use your friends document to pass KYC on your account. Allowing him to verify your account gives him a free pass to get hold of your account whenever he wishes. I mean, lets say you have around thousands of dollars sitting on your exchange account. Your friend may be able to recover your account without any problem by proving ownership of the account. |
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-snip-
start acting like a real bounty hunter, if projects don't work out then move on because it's bounty hunting
That is most stupidest thing I have heard. As far as I know people work like 2 to 3 months for promoting those projects and in the end they get scammed or receive tokes/coins that are worth almost nothing. And then you are suggesting them to move on and find another project (go bounty hunting)? You want them to spend more of their time for nothing? I would rather suggest them to stop working for those bounty program, or get paid weekly in other well known crypto currencies (but then again, why would the project developers pay them other coins, when they have their own?). Instead of wasting their time over here, there are better things they can actually be doing. |
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There is rumours the btc created in russia.
First btc and cryptocurrency related websites ip addreses was in russia.
The Dan pena world billionaire said Putin is behind Bitcoin.
If its true who might be behind the Putin on this?
Lol, you are talking about that retarded Dan Pena? That guy seems like he has some sort of anger issues. It is really funny how to gets all triggered when he hears the word bitcoin. Find it really funny when he starts swearing and thinks that only "teens" uses bitcoins. Would be really funny to troll that old man. Don't listen to that mad man. He even claims that he knows who is behind "bitcoin" and its not "some Japanese guys". And according to him, the price will go to zero when the person behind bitcoin has been revealed. He sounds really butt hurt. Probably regretting he didn't invest his billions in bitcoin. Don't listen to those shitty conspiracy theories. |
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Somethings I remember generating a lot of excitement at first.
Mining, when it could still be done with graphics cards and early mining machines.
Gambling, the early sites SatoshiDice and later Just-Dice had huge followings. Looks like there is still a lot of crypto gambling just split up over many more sites now.
The early Altcoins such as Dogecoin and Huntercoin.
Tokens and Dapps made possible with Ethereum.
Earlier Tokens with the airdrops were very profitable.
Dapps looked very promising at first, not sure they've lived up to it yet.
What do you think is next?
I guess the next big thing will be the those large financial institution like paypal supporting bitcoin. I know many people hates the fact that PayPal supports bitcoin in a weird way where you don't actually own the bitcoin, have no access to your wallet address and cannot transfer your bitcoins to any external wallets. But they did say "for now" it is going to be like this. So we can expect things to change in the future. They are probably looking for a better way to allow users to hold bitcoins and transfer them to external wallets. So, yeah the next big thing maybe banks accepting and supporting bitcoin? I know it sounds shitty since it is going to be all centralized and strictly regulated, but if bitcoin goes mainstream, the regulation is inevitable. |
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Not sure how this works if they have to keep on buying. Are they making any profit from it? I mean it's a fiat casino probably but allows users to withdraw using bitcoin. What if the casino buys a lot of bitcoin and then the price crashes? They will have to buy additional coins. The price of bitcoin wouldn't affect the players since they will receive the amount of coins based on the current btc value, so even if the price crashes they will receive more coins which means the casino will have to buy more coins to cover transaction.
But, its none of our business. The best thing is they are constantly buying which is good for the market and the price!
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Oh, so it's already the time to make scary conspiracy theories and create fears among users? Do you even know how PayPal crypto currency system works? First of all, you don't even get a bitcoin address to receive your coins. You can't even deposit your own coins from external wallet nor can you transfer coins from your PayPal. This is because, you don't actually "own" any of those bitcoins. All of those bitcoins are only held (probably. I don't think they provided any proof of holding those coins) by Paypal. Its more like you pay them to hold your coins and share your profit/loss.
If the government seizes the bitcoins, its going to be PayPal's bitcoin. Not yours.
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How about splitting like your investment. I know you don't want to invest in bitcoin, but I would still suggest you to invest at least 50% of your money in bitcoin, while investing rest of the money in other well known altcoins. Remember, altcoins are more volatile. A coin worth $100 today can be almost $0 the next day! So choose coins that are already well established, has active community and are constantly being developed. Try not to invest on those new coins or coins that are being hyped (defi coins).
You should decide for yourself which coins that you should invest. You will receive biased suggestions if you rely on peoples opinion.
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So, you are suggesting people not to buy bitcoins right now because the price is already high? That is kind of a stupid thing to suggest. I mean, how do you know that this is the peak price before it starts to crash? What if it rises more? If you stop people from buying, then there will be less buy volume when compared to sell volume. This is turn will cause the price to crash. I would rather suggest people to invest as long as they can afford to suffer a loss. Though they should keep in mind that the prices may crash and make sure that the crash won't affect them.
But yeah, don't go investing because you of FOMO or greed. That won't end well.
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