I opened the site that OP stated above it seems copy-pasted from the website of https://bitcoin.org/en/bitcoin-core/. I searched the URL on who.is and this is what I've got. Expires On 2021-10-17
Registered On 2020-10-17
Updated On 2020-10-24
It's absolutely a scam site. Don't you ever download and input your private key. It might wipe out your entire balance if there is. If you already downloaded, make sure you didn't transfer your fund there. Uninstall and clean your device immediately, I suspected you might downloaded also a malware that can be lead to hacking your assets. |
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Your thread is too vague it will be better to be understood by the readers and responded back to you if you try to do it in a more specific way.
Though some information like how to prevent getting scammed can be identified in your statement and most of the readers provided you with the correct response like Charles-Tim comment and given information links, it will surely help you but the best one will still be DYOR. In fact, I did it when I'm also newly learning the basics in protecting your wallet might be as easy as counting 1, 2, & 3 but you must take extra precautionary measures since your Bitcoin is still an asset that hackers love to steal.
You must understand first how Bitcoin will work and how to secure it by using the right wallet that you control the key. Please keep in mind that, your key your Bitcoin.
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Being fair with OP I can't blame him for his doubt besides we're all entitled to it but the thing is he is new to Bitcoin and hasn't seen how was Bitcoin in the past and its continuous changes as it grows up to date. Probably he will have his doubt if he started in the early stage of Bitcoins and witnessed how Bitcoins survive with all the critics like Warren Buffet is doing right now but they never won pulling down Bitcoin.
Definitely, you can't read any positive thing in financial books for those are written based on centralized assets that were taught in the school and it collaborates with the principle of the central bank. The financial institution of the country which is not similar to the ideology of Bitcoin as a decentralized currency.
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It's the freedom to have your own wealth.
I'm not sure what you exactly meant when you say Bitcoin is a form of gambling that when you're new you are more prone to lose. Probably it's true but we need to remember that in life we always gamble in order for us to survive just like when you go to business using fiat or whatever assets you have you're still taking the risk of the possibilities that you may succeed or lose.
But I perfectly understand where you're coming from because I also felt the same way as you do when I'm also new to Bitcoin. However, there are lots of ways for us to keep earning Bitcoins aside from trading it by selling and buying we can also earn by rendering service to someone who can pay us with Bitcoin. In that case, you can save it in addition to what you already have a piece of advice to try to remove in your mind that Bitcoins is always about gambling instead it is a decentralized currency that has a concept of what everyone is aiming for.
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As far as I understand, by this statement he meant not only bitcoin, but all cryptocurrencies in general. I do not agree with him, in my opinion, the future belongs to cryptocurrencies. Sooner or later, paper money will disappear from circulation, or at least, its use will decrease significantly. Technology is the future.
As crypto enthusiasts, we can ignore him. FYI, Warren Buffet is the 7th wealthiest person in the world. With his age and the types of industries he invested in, obviously, it will be hard for him to understand the value of Bitcoins (that's why his a Bitcoin hater). When he mentioned that "you don't do anything with it except sell it to someone else" the statement is already wrong, for all we know even a piece of chewing gum that you sell for a single cent or a penny still has a value which made his statement incorrect because anything in this world regardless if it is physical or not and you are able to sell it that means it has a value which confutes his own words. Anyway like OP said everyone is entitled to have their own opinion and be able to express it in his own way. Just ignore him he might just live during the stone age, IMO. |
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Quick question though, assuming I executed the transaction I highlighted above using this fees option (what would had been the estimated fees, I would had probably paid?).
Good to know you have found the option of modifying fees using Electrum because I always use this when I didn't in a hurry to transfer my Bitcoin. In calculating the fee when I have a transaction, I look first at Johoe's Bitcoin Mempool Statistics if what's the status of the mempool, if it's congested, I won't make any transaction because for sure it will cost most commonly $3-4 before it will be confirmed at least in just a day. Then, I used this https://bitcoinfees.net/, you can see there what is the fee, sat/vB, and corresponding estimating hour to be confirmed. |
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I didn't know how to start the answer, because honestly, I'm not yet ready to die. But in God's well, if I'm going to pass on, I will make sure my one trusted family will know my valuable account. Probably tomorrow I will start to think about the best option where can my coins possible to inherit by my heirs. It might be good if they already know where your most valuable thing where it is stored including my bank account, state, and digital assets, and put into a safety box or vault much better. Keep it there including my private key and wallets account that where my coins stored.
I'd choose, 90%. However, I didn't how this works but I will try to make such a plan. I think since digital currency or Bitcoin is a part that can be inherited just like a state, much better if we also consult an attorney to seek help and your estate plans.
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There's nothing wrong if you will use a trading signal provider if you can afford the paid membership on it. Yeah, it's a waste of time for others but there are some traders who still using it due to lack of time of having their own research and also an automated trading tool that monitors their trading activity when they are away from the keyboard. Because not all traders are can able to do their own analysis such as fundamental and technical analysis.
We had different strategies in trading, if you preferred to trade on your own, that's good for you. But the best is the experience in trading will make your skills sharpen in trading and become profitable or even professional in trading.
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A Bitcoin wallet that has supported Lightning Network and using a wallet that supported with SegWit transaction for having a less fee is far better as of now when it comes to having less transaction fee. Because there are custodial wallets that have a fixed fee that you can't able to modify your transaction fee and set into lower fees. Remember that lower fees might also longer time to wait, sometimes waiting is the best thing to do. If your transaction isn't urgent, choose lower fees, but if that is urgent it should be good if you follow the required fees by the miners depend on the network congestion. You can also avoid transaction fees when the Bitcoin network isn't busy or congested, through the help of Johoe's Bitcoin Mempool Statistics, you will be able to calculate your transaction fee and the time to be confirmed. |
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Youtube video tutorials and exchange that has a demo trading is the best place to go while you're catching knowledge in trading. Just avoid joining a group that has a personal opinion, or just like what GreatArkansas said above, most of them are shilling or having drama which is lead us in the wrong direction. Telegram group channel sometimes is good but I will choose only a reputable one, just like the Cointelegraph telegram channel for the news update. Gathering news is sometimes worth it to have your own technical analysis.
Bitcointalk forum is also a good place to learn, a Wall Observer thread where you will learn reading a candlestick chart and give daily news updates.
Anyway, there are many too many places if you really want to learn about trading. Just a piece of advice, avoid joining paid pump and dump group on any social media, they are sucks.
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But here is my simple question, so many campaigns claiming to be mixing bitcoin have been launched on the forum, why can't they pay as much as chipmixer does,? also their campaign duration isn't lasted than chipmixer, what's the strategy used by chipmixer over other mixing services?
The reason could be they aren't yet popular as a crypto mixer, they don't want to invest in advertisement marketing strategy just what Chiopmixer did. Another factor is that they hired good poster members in the forum and most of them are very active in the technical discussion that might get more interest to the Chipmixer clients. Also, I saw most promoters are staff members on the forum. They invest money in advertising -> advertising attracts customers -> customers generate profit -> profit is greater than costs.
This is how business works.
No doubt this could be the reason, another factor is the manager has managed the signature campaign very well in choosing the right person who will wear the signature of Chipmixer and promote. When I saw a post that wore Chipmixer signature, I know they are a good poster and always give good advice. How much more if there are newbies or visitors in the forum that want to user Chipmixer. |
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I tend to agree with all suggestions above. Never use a used hardware wallet because you will never know it is manipulated by installing them an unofficial firmware that could be lead you to a hack and wipe out your entire balance. It could also have tampered with manipulated malicious firmware or could be trick you using a fake firmware. If you can't afford hardware wallets, it's better to choose open-source desktop wallet apps that free to download and safe. Don't hesitate to spend a few Euros just for the safety purpose of your fund, if you have a thousand Bitcoin worth, I rather choose and buy a new one where your fund is safe. But if that is a few hundred bucks, just choose a desktop wallet and it might good if you start with Electrum. Even you aren't asking, I share with you this [BIG LIST] Hardware wallets (80+). There could be a cheap lower than 51 euros upon buying Ledger or Trezor, price it doesn't important if the valuable assets that you feel safe. Anyway, before making and generating a Bitcoin address, make sure you're the one who holds the keys, not the reseller of used HW. |
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I reported to the MOD also this thread when I saw there is a referral link but it seems OP was edited the thread and also the ref link.
I thought it was deleted but I was surprised he got red-tagged by promoting a scam website when I was open the thread. There's nothing to be true with the HYIP offer and most likely they will end up scam and take your money away. Good thing you have been taking an action to do research on what OP promoted.
Supported the flag as well.
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There is, but you can only fool naive people that don't know how Bitcoin will work and don't know how to verify Bitcoin transactions. I found this blog, Fake Bitcoin Sender Tool - Fake Bitcoin Generator Software & Bitcoin Hack 2020 that you can send and generate fake Bitcoin to your family or friends that you want to prank or as a tool to fool people. But you need to download the software which I don't think if this will not harm your device. On the other hand, double sending is one of the common cases of fooling people, you should wait for at least 1 confirmation and verify the transaction using a Blockchain explorer. In Bitcoin transactions, there are nodes constantly verifying the network, and verifying the network might a good practice not to fall of scammers activity. |
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Way back during the time when the ICO trend was at its peak, investors were pouring in billions of money to so many kinds of crypto projects. Crypto projects back then were so diverse that they seem to cover almost all aspects of our daily lives. Of course, we all know most of them died. Even those which were able to gather tens of millions.
Because it might a part of the competition, crypto exchange is a business that if the owner or the team will poorly manage it will result in a failed business. In order for them to survive, there should be a good service or good quality as a product that the traders were surely looking for and stay on exchange. But then if not, they will surely bankrupt and won't survive, this case is different from the fraudulent exchange and scamming cases which are also forcibly closed by the government. But now, the Defi trend that makes a decentralized exchange have good services offered to avoid problems like CEX that commonly close. Let see where it goes or those Defi exchange will survive in the long run. |
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I tend to agree with the suggestion above, it is good if you will send a private message directly on their Bitcointalk account and ask their social media account like a telegram to have the fastest conversation and to verify that you are dealing in the right escrow service, not a fake one. If so, can I mail them cash, like actual dollar bills, which they would hold on to until they have the physical items, then escrow forwards the physical items to me and ships the cash to the seller? Here is a list of trusted escrows of this forum. Recommended bitcointalk escrow services That's a good list and here is an addition even it's quite outdated by the OP. Few Trusted Escrow ProviderI'm afraid that there's no one who will accept your offer, most people here were in privacy concerned. Holding physical and send it to you will also revealing their real identity. Unless, if there's someone will willing to do that. Good luck with looking for the right one. |
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All that has been mentioned by the OP was have a point but there's one thing that I think shouldn't include. The Dispute issues, I don't think there are dispute issues behind the announcement of PayPal in accepting crypto. PayPal has been in long years in service that for sure already gained trust and government regulated, I don't think if there something to argue. Besides, you can't send your Bitcoin out of your PayPal account or even transfer to another account.
For now, we can't give any feedback yet, let's wait for further results if this awareness that gives by the PayPal adoption will lead to having a mass adoption. For sure those who know how Bitcoin will work will not use PayPal upon purchasing Bitcoin, there are too many ways that you will have full control of your key not just held by the custodial wallet and don't have the freedom to send into other Bitcoin address.
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It's kinda weird since I read another thread saying that DEX is growing in volume compared to CEX in Q3 according to some reports by Coingecko (if my memory serves me right).
Yeah, it's kinda weird. I looked into the CoinmarketCap ranking exchanges, it seems CEXs was down than the DEXs. Just try to look at here in Coinmarketcap CEXs ranking and the CoinmarketCap DEXs ranking. You can see there the increase of its volume and it seems DEXs was a healthy volume like Uniswap(v2) which is leading DEX. I believed that this result was because of the Defi hype projects, we know that it is also the possible reason for Bitcoin price surged in the market this year. |
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I don't think PayPal has a malicious intention of taking away the freedom of Bitcoin users, if they did, they would have been active in Bitcoin field years ago. They simply want to make money just like what they do with fiat. This doesn't mean that their service is good or safe to use, I just don't think there's any malicious intent behind it.
I can't give more details of what the intention of PayPal upon embracing Bitcoin. As I read in many articles, you can't transfer your Bitcoin and it should be on your PayPal account only. So, what is the purpose of buying Bitcoin that you even don't have full control over your key? Unless, if you trust this centralized company which is PayPal don't hold your crypto. The only thing that has been benefited Bitcoin is just to have worldwide awareness that might possible to have mass adoption. It's great news that PayPal opens their arms to cryptocurrencies at least, for them, it's a pure business because they know that Bitcoin was now on the mainstream. There are too many ways to buy Bitcoin that you will own the keys, if you care about your privacy avoid PayPal this isn't for you. We still are thankful, through PayPal, it has an impact on Bitcoin price and now pumped the price. |
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