That is a really bad news! One of the prime reason why people shouldn't be using an exchange wallet as their personal wallet. At least Kucoin is taking responsibility and has admitted getting hacked. Lets see if they really refund their users. Kucoin is not a localized exchange but an popular international exchange often compared to binance. They are also famous for providing trinkets of coins for holding KCS token in the exchange.
They have forced KYC and 2FA authentication but seems like those things have not been helpful in anyway to stop such large scale hacks. These reoccurring hacks shouts out to both the exchanges and users to rethink how they keep the coins and how they let users withdraw.
They disabled deposit and withdrawals, but coins are still being moved. So the exchange itself is hacked (the cold wallets). So user 2FA (and KYC. Not sure what this has to do with user security) has no use. And yeah, all exchanges does have some sort of vulnerability that they aren't aware of. |
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Blockchain and Bitcoin has been on for more than a decade (according the statoshi's white paper) and up until this moment, there is still struggle in the global community in terms of adoption. Countries like India once placed sanctions on the technology and later lifted it. Russia made laws to govern and regulate the operation of the technology in a bid to take advantage of the solutions it proffers and loads of other stuff ongoing in different locations but still we still have a very slow paced increase in growth and devlopment and acceptance. What could possibly be the reason and what are the ways to further create awareness and global acceptance.
It is a new technology. We can't instantly start adopting and make blockchain and bitcoin a mainstream. There are a lot of things we are yet to learn. None of the system so far is completely perfect to replace the existing system. Rushing to adopt will just cause problem. Hence, to avoid any mistakes or make things more complicated, the government of different countries are slowly adopting it. There are only few countries that aren't taking blockchain seriously and doing nothing about it. Others are working to integrate it with the current system. |
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so who and when will solve that problem?
There have been Bitcoin improvement proposals over the years aimed at improving the cost of transaction, such as segwit. Some are in the process of being implemented currently - Schnorr and Taproot. There are personal measures you can take to reduce the fee you spend on transaction; Consolidate your small inputs of reduce the size of future transactions Use segwit addresses Time your transactions so you spend low fees during times when the mempool is clear. lol:Di dont care and i dont have time to learn all of this i rather use just cheaper and faster transaction coin lol:D or just use my bank account stress free and zero transactions cost segwit and all that things not for people who are old school people all the new shiet there is out there if we start to learn all about all this new innovatavie bs...........then our time will go waste. sorry to be rude little but im serious person with very serious mind set i just cant tolerate any bs of anything everything should work efficenly and good and most important is quality the btc is not cheap to use and if something like this is so expensive to use it it got to be perfect ! If you don't care then why even ask? Instead of running around crying and saying that bitcoin is not fast and expensive to use, how about you give solutions or ideas on how the protocol can be improved. Maybe you might actually come up with some solution, who knows. No one is forcing you to use bitcoin. Like you said, you should rather be using your "cheaper" and "faster" transaction coin. That guy gave you legit suggestions and you just didn't bother looking at those. |
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I would actually do something more important on those computing power if I have the knowledge rather than use it to mine cryptocurrencies. Usually on these computers, there are tons of security measures that are put into place to ensure that there isn't any time wasted that these guys are running just for something futile. Good thing the dude is caught, and I can't help but say that he is stupid for trading such a measly amount for his freedom and his integrity. I mean, it's pretty tempting and all to use all of that computing power for mining but there are tons of news wherein people who did just this were put behind bars. I guess he's one to add on the statistics now.
You shouldn't. You aren't allowed to use company property or resources for anything else other than the task you are told to do. The company can fire you and even sue you for using their resources without their permission for your gain. Even if you were trying to do something more "important" that isn't anywhere near the interest of the company. And the guy who got caught, he was actually stupid. Probably thought no one was going to notice anything. That was brave of him to use federal government property for his own gain. |
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BTC is gradually gaining its grounds in the financial institute. Most people prefer using bitcoin as a medium of exchange. Before the advent of bitcoin local and foreign currencies were the only means of financial transactions. Currently BTC has gone beyond bothers and has also made transactions safer and faster without much stress of converting from one currency to another. From my own opinion its a better way of accumulating wealth and secure a perfect future of cashless policy
Are you sure "most people prefer using bitcoin as a medium of exchange"? I mean most people prefer paying with cash as far as I know. They don't like paying with any kind of cashless system (yeah, most shops also prefer they pay with cash!). True bitcoin has gone beyond borders and we can't deny the security of it. But saying it is faster and safer isn't completely correct. It is safe for someone receiving it, not for someone sending it. I mean if they send it to the wrong address or to a scammer, there is no getting it back. Faster? It sometimes takes more than hours to get single confirmation if you don't pay premium fees. The future is unknown. If a better currency is created, bitcoin would just be used as a medium of storage. |
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the all the covid 19 all the restrictions will be eased quickly and fast if the goverments people banks and countries will take huge loans!
until the goverment and countries and people not taking loan the restricitons will go even harder !
if there will be not big enough taking loans it means not enought created money there will be second wave and then all economy will be so bad that everybody will take loans what is ready.
the problem is mafia want to give money but no takers ,once the ammount of money is taken the covid will be fogotten until 2030 when 10 years economic circle will be over.
so faster we agree to take new money the faster we can get in to normal life!
i agree we should take money fast as possible i want to live normal life our goverments dont do enought they should all loan a lot money from IMF.
the whole process to turn in to normal is slow couse of lack of taking money from IMF.
if the money taking ammount will be not full filled there will be more restrictions until we take money !!
So you want to say all these restricts and the virus is spreading (and was created) because the country isn't taking loans? Lol what? Now that is a whole new conspiracy theory I am hearing today. You want the government to be more in debt? What if they can't pay back? And the "Mafia" trying to lend money to the government (not sure if this is even true lol) money is just because for their own interest. Lending the government money would be the easiest way for them to launder money. I doubt any government (expect those that are extremely corrupted) would want to take money from some "mafia" (lol). |
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Looking on how people got rich from uniswap airdrop (some guy received about 2 millions us dollars), making money in crypto might seem easy. But in reality, it is a complicated combination of luck, research, skills and flair.
Only few have all set of this components, other only believe they have all.
To be honest, its all about luck. Look at how many air drops take place daily and on extreme rare occasion only one of them are good while the rest are shit. Its like if you start collecting thousands of airdrops for like years, you will get only one or two that are worth something while the rest are crap. True doing some research you might get lucky, but honestly, its not worth the time you will be spending over there. |
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There might be few reasons. Probably the government of that country doesn't allow or is strictly regulating casinos, hence due to lengthy process of getting a license or being expensive, there are "less" legal slot machines and more illegal slot machines. Thus people don't want to travel around looking for legal licensed casino and they end up playing any of those illegal ones near them. Again, those illegal once probably provides more rewards since they don't have to pay extra fee or anything. But then again, I doubt many people care if a casino has a license or not.
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All of these supposedly statistically fair games seem to rape you when you cash anything out or just when you decide to bet bigger than some micro level.
Curious if anyone has ever beat one without getting crushed the second they take some off the table?
-snip- So far I haven't come across any completely fair dice game. It was either a scam or the casino is taking some fees. -snip- Casino taking fees doesn't mean that they are scamming. If they take fees without letting anyone know (might include in their ToS or FAQ), then you can call them a scam. But I doubt anyone does that. I seriously doubt that you "never" came across a real casino. I mean you are advertising for a casino in your signature and avatar. Aren't they completely fair? |
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No, bitcointalk forums isn't any kind of "financial institution". You shouldn't join the forum just hoping to make some money. This is a discussion forum where newbies and old users put forward their ideas. If you just join to make money, you will end up spamming the forum. Think of those campaign earnings as a form of rewards for making good discussion. -snip-
Speaking from the ordeal and as a newcomer in this great establishment, the way in which some project manager treats the bounty hunters is too poor, some hunter are disqualified in some project for no solid justification, while some bounty hunters will stress themselves in creating videos, articles and participating in some other campaign, at the end of everything, they wouldn't be paid, while some projects bounty hunters participate in are solid handwork of scammers.
-snip-
Then don't join those bounty program. They are just waste of time. |
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Yes he is right. Another lockdown could cause a serious harm in the UKs economy. It is not just the case in UK. Every countries that had strict lockdown rules faced some major economic crisis. Further lockdown might even crumble the economy. Now it is totally up to them how they control the situation.
But if only people listed and followed the restrictions like wearing masks in public and keeping some sort of social distance. But nope, people won't do that! They would rather "die than the government control them".
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Hey Dudly, you can look at this thread made by Lauda https://bitcointalk.org/index.php?topic=1631151.0Covers almost all kinds of information related to wallets. Has some wonderful suggestion like good practices and so on. I just started with Bitcoin and it's a bit confusing. Naturally, after creating a wallet, I want to buy bitcoins and load the wallet. The first thing I'm asked for is my wallet address. How do I find that, please? I don't see it immediately when I open the wallet or any of the tabs. Thanks.  Which wallet are you using? Different wallets have their address located at different places (its usually the first thing you will see though). Edit: Didn't notice your last post. If its electrum and you are using the standard wallet, the address should be on the " receive" tab "address" tab (look at the receiving address). Edit: Wanted to say address list not receiving tab. Though you can use the receive tab, but like o_e_l_e_o said, it has other specific purpose. |
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Because they believe they will get paid. Little do they know they are going to be scammed (they aren't scammed directly. They do get paid, but the amount they receive is just worth nothing). They still think that they can make the same amount of profit like some were able to do three years ago. They spend a lots of months promoting them. In the end the result is them receiving nothing worth the time they spent behind those bounty program and all they did was promote a scam project!
We can stop them from "rushing". There is no way we can control dimwits.
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It's fine to take advantage in the short term as long as we're able to buy before it arise that much, but only those who are good in analysing and knows how to monitor it properly will be able to ride and buy since mostly some will buy after that hype is over and lose a lot since whales and those who create the hype already leave and earn, so we need to be very conscious or better be too active to monitors it.
Fine to take advantage? You are just encouraging those scam developers to scam more people. If you invest on those coins, the profits that you will be making is from those other people who got scammed/lost money due to investing in those fake coins. How about you ignore those coins? If those scam developers sees that no one is investing on their coins, they will eventually stop since it won't be worth scamming people anymore. Just don't invest in those shit coins. Don't suggest others to do so! |
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Before internet, people have been doing business and there are even companies that have survived for centuries and during those dark days, that was when they witnessed some of their massive growth. Internet comes with its own advantage but it does not means that without it, people wont still find a way to transact and do business with one another.
Of course, business existed before internet. That doesn't mean that business can now still work without internet. The internet has too much impact on daily business for which without it, the normal business is going to be hampered. Agriculture existed before modern technologies were invented and during agricultural period it had massive growth. Now imagine taking away modern technology and cultivating in the old school way. We won't be able to meet peoples demand! The same goes for the business. Without internet, it is going to be though. Now when government shut down the internet, while businesses whose existence relied on that, they would surely have their reason for doing that and that is what the citizens needs to find out whether their reasons are valid or not.
Have their own reason or their own benefit? |
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The scammers in the crypto community will not cease to take cheap advantage of newbies using successfully conducted projects to scam them.
A team of scammers are at it again using the name of UNISWAP to conduct a fake giveaway to steal from the unsuspecting newbies. The giveaway is announced through a medium post claimed to be UNISWAP's with other scam team members commenting to give testimonies about what they've earned from the giveaway to attract people to be their victims. A check on Uniswap Twitter and telegram channel doesn't contain anything about the giveaway. Don't fall for it. It's a scam.
Just curious, how are they scamming people then? All they are saying is that they are giving away under unisawp. How are they stealing? Are they telling people to pay or give something to enter the giveaway? If that is the case, then only stupid/dumb people will fall for those kind of scam. I mean, its the most common way of scamming people and they should know it. If its like they are asking for completing KYC or submitting identity documents, then people should avoid those. Not worth selling your documents for some shit giveaway. |
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Ever thought of ways to increase your wealth through some online gaming platforms? https://www.kingbillycasino.com/en-AU/games/slots got you covered as it's the best online gaming platform that offers its users chances to increase their wealth within a short period of time. Best in terms of what? We know nothing about your casino. Saying "increase your wealth through gambling" makes you kind of a sus. We literally know nothing about your casino and you expect us to click on that given link? How about your explain what your casino has to offer (and maybe why it is better than the existing 100s of casino). Create a proper ANN (announcement) thread and keep it updated to attract user. Thread like this will be buried soon. |
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Let's say I have a huge amount of money as an investor, where do I put them? Bitcoin or Gold
We all know that gold is known for its stability which could be vital in times of financial crisis; but doesn't exactly bring good return WHILE Bitcoin on the other hand can be quite profitable but it's risk of negative volatility can be catastrophic!
So which has your vote? Gold or Bitcoin!!!!
Let us be honest over here. We don't know what is the future of bitcoin or any other crypto currencies. What if new technologies immerges eventually in the future that can break the whole chain? A system that can easily make the security of the transactions extremely weak? What if a new and technology that is better than blockchain is invented? This would kill the entire economy. But this is highly unlikely to happen within the next decade. On other hand, gold is a natural scarce resource and is globally accepted. Why not invest on both? |
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I guess they have their own reasons to make crypto currencies illegal. They probably don't have enough resources or tool to regulate crypto currencies. If crypto currencies are made legal in those countries, the government fears that the people will use it for committing various crimes such as tax evasion, illegal transactions or money laundering.
I have seen most of those countries that made crypto currencies illegal has laws passed where anyone using cryptocurrencies will be prosecuted for money laundering. Weird laws.
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Invest in blockchain? How do you do that? You aren't investing in blockchain, you are investing in coins and tokens. What even is blockchain stocks? Those are just some normal company stocks that you have mentioned. You even suggesting people to invest in TOMOchain, a project no one has ever heard of. Their ANN thread is self moderated. Not surprised to see TomoDEX (decentralized exchange). Using hype to promote them more? -snip- DeFi is taking on the rampage at moment -snip-
Many will fall for this hype and lose everything they invested. The number of defi projects popping up is alarming. |
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