Why should you not invest in bitcoins, cryptocurrencies?
Is there any valid reason to stay away from cryptocurrencies?
I think it is good to have some discussion here for our kind information.
The only reason not to get involved is on the back of bankster cryptos such as XRP, the Segwit hack, etc. |
|
|
|
Well, I think it is indeed too much complicated and harder to use, you have to have knowledge about how it works on internet. You have to make an account, buy bitcoin from different sites ( which takes 5% to 7% Fees) then transfer to exchanges for trading or to use.
How can a normal people, who usually watch youtube video, use fb or other social media, you expect him/her to know all these things? I seen people give up easily, and think it's too techy.
I believe if Bitcoin sell coins on their official website, with lower fees, such as 1% to 2%, and make a simple wallet for people to use, more & more people would buy and use it.
What is your opinion on it? discuss..
When you use Bank or Online banking, If you have any problem, you can actually go to branch or call the customer service fix the problem, Bitcoin have no phone number, no branch, no one to contact if anything goes wrong.
The desktop wallet are too complicated to use, it has some weird functionality, such as MEW, every time you login, you have to use key chain, or a file as your private key and password, when you get a get it doesn't not show on your account, you actually have to add custom, which is really confusing sometimes. And i always hear people ger hacked, their balanced is gone. which is really scary after all these security in your wallet? strange!
Bitcoin does not have their own official site, so lots of people visit other junk/spam/hacking site, think it is bitcoin site and can get help.
It's really hard to buy bitcoin in certain country, such as Canada. Yes i know you can buy from coin base, but they do not allow more than $100 bitcoin per week, and we are not allowed to sell. Lots of people other thread offered local bitcoin, but when bitcoin price is $6800, they sell it on $7800, That's $1000 extra plus 5% fees of the amount. Why people have to pay that much money extra to buy bitcoin? why don't they have an official site, where you can buy in current price?
Why most of the exchange does not allow you to buy bitcoin with USD? 99% time you have to transfer money to exchange to do trading or to buy alt coin, which is really a headache. So you tell me, all these problem, why would a normal average people, who doesn't have enough time will invest bitcoin or any other coin? This is rea reason i believe we see the market cap in crypto currency under $200 billion. If it was easy to use, for normal people it would have jump to Trillion dollar.
Average people make it too complicated! |
|
|
|
Personally I've been boycotting Coinbase for a while now. They are more and more acting like bankster thugs. Beyond the normal shenanigans, any crypto exchange that supports Bitcoin Futures needs to be boycotted. |
|
|
|
Fear of missing out is familiar to many.
It is known from psychology that fear-based factors also affect people in the crypto market, emotions drive their choices more than intellect.
How have you dealt with FOMO?
By applying my personal strategy of risk management. That way I don't buy or sell the house on the back of anything.  |
|
|
|
This issue of Capital Punishment as defined by the Wikipedia "as a government-sanctioned practice whereby a person is put to death by the state as a punishment for a crime".
In this world we live in people will always commit crimes. But in my own views, some Law just needs to be established.
Firstly, It is not a yardstick that when people commit crimes and are punished by death sentence it will serve as a deterrent to others, no it doesn't work that way.
I have come to realise in life that no matter the set downs rules and regulations people will always violate, it is a constant in life.
Secondly, it doesn't mean people should not be punished by death sentence or whichever way.
in human existence, crime will always exist, and punishment will always exist but punishment cannot abolish crimes.
But the best solutions to all these is "Moral upbringing" a standard training that should be inculcated as an inherent characteristic in every individual, with that it will help the society at large.
And in the many instances where " Moral upbringing" fails, should the parents be put to death? If not, how is that going to effectively address the murder rate, especially considering the many morally bankrupt regimes around the world? |
|
|
|
This is why I've stated previously in this thread: "The question we should rather ask ourselves is: "How many convicted murderers reoffend?"" And I could add: "How many convicted murderers help to turn others into murderers?"
In addition, show me a list of murderers who have truly benefited from prison sentences and added something of value to society?
It doesn't matter if they re offend or not. It doesn't change the fact that they've murdered at least one person which is justifiable to spend the rest of their life in prison. I'm against the idea of capital punishment and can't believe that some countries still use it when it's been proven to not work. It doesn't act as a deterrent because people are still murdering others and it doesn't always bring justice because innocents have been killed. If you kill someone premeditated then you should spend the rest of your life in prison. If you killed someone by self defense then many factors would have to be taken into consideration. Just because you killed someone that entered your house without your permission and was waving a weapon around doesn't mean you have to kill them. If it's a baseball bat for instance then he not likely to kill you with it and you wouldn't have to use lethal force either. It almost all self defense cases there was a better option. - Really? You don't care how many innocent people get killed? In addition, sending murderers to prison leaves a breeding ground for more murderers and murders (as I've explained above). Furthermore, I don't know why you bring this into the equation: "If you kill someone premeditated then you should spend the rest of your life in prison. If you killed someone by self defense then many factors would have to be taken into consideration. Just because you killed someone that entered your house without your permission and was waving a weapon around doesn't mean you have to kill them. If it's a baseball bat for instance then he not likely to kill you with it and you wouldn't have to use lethal force either. It almost all self defense cases there was a better option", I am not the one having trouble to differentiate between murder and a justified killing. In addition, capital punishment does serve as a deterrent to at least some level despite the skewed manner in which statistics are abused in this regard. Marxists always need a general crime wave in order to wage war against their enemies. They are too cowardly to declare it openly and fight like men. Again, "show me a list of murderers who have truly benefited from prison sentences and added something of value to society?" |
|
|
|
So everything is in the title.
What can you do when you have been scammed ? what are your possibilities to recover your funds, I mean here in the community, excepting going and report to the police.
Depending on the amount lost and whether my own lack of due diligence played a role, I would go to the community here for help. I would not report it to the police. |
|
|
|
Matthew Mellon, the billionaire banking heir, died suddenly while taking a rehab at a facility in Mexico at just the age of 53. He is a businessman, billionaire banking heir, who was a chairman of New York's Republican State's committee. The reason why people acknowledged his fortunes through cryptocurrency is that last February of this year, he invested $2 million dollars in a cryptocurrency XRP, which is widely known (by crypto fanatics) as XRP and managed to turn that investment into a $1 billion fortune. Now, why there are still a lot of Cryptocurrency people believing that financial institutions such as banks and governments were against of Bitcoin and Altcoins? This guy is a banking heir of Mellon Bank which is now called Bank of New York Mellon Corporation and became interested to invest his millions with a less popular coin compare to Bitcoin. Source: http://www.msn.com/en-ph/news/world/billionaire-matthew-mellon-ex-husband-of-jimmy-choos-tamara-mellon-dies-in-mexican-rehab-report/ar-AAvYL3x?li=BBr8Mkn&ocid=TSHDHP - XRP is a known bankster crypto. This while the banksters have hijacked the Bitcoin name with their Segwit hack and are now trying to push us into bankster run third party side chains with the so called Lightning Network. |
|
|
|
This is why I've stated previously in this thread: "The question we should rather ask ourselves is: "How many convicted murderers reoffend?"" And I could add: "How many convicted murderers help to turn others into murderers?"
In addition, show me a list of murderers who have truly benefited from prison sentences and added something of value to society? Could you tell what will be your reaction if your close friend or relative will be falsely convicted of murder and executed? I would absolutely love it and start a campaign to say that murderers should not receive capital punishment, only the innocent.  |
|
|
|
|
#Proof of ownership :
- @paulmaritz
- eth address: 0x99d3afb35103ad2d550c3b5b94C6F9802EB07587
|
|
|
|
Moral of the Story: If you want free meals and accommodation in Babylon, just murder someone - even if it is a close friend or relative. They won't kill you for such hideous crime, because they are too scared that you might be innocent. Alternatively, don't murder someone and slave away for meals and accommodation for most of your life. In fact, don't murder someone and you will foot the bill in terms of meals and accommodation (and some more) for those who have the balls to murder. What is not to love of a system that upholds the right to murder. I merited one of your previous posts, not because I agreed with what you said, but because you put forward a level-headed and well reasoned argument. And now you have completely ruined it by saying something as ridiculous as not having the death penalty is equivalent to giving citizens the right to murder. Sigh. Thank you for the merit received. Much appreciated. In terms of my previous post, I've tried to give a tongue-in-cheek response while bringing over the point of view that others out there might have - people that are not as kind as some of us. You might think that I don't know what I am talking about, but I've spoken to hardened criminals in the past. They find a soft approach hilarious and stupid to say the least - and love playing the system to their benefit and at an expense to others. Many hardened criminals have received life sentences - a ticket to free meals, free accommodation and the opportunity to murder again. In addition, there is no easy life in prison for someone who is not willing to join a prison gang. You either join them, get constantly raped or murdered. Regardless of why you are in prison, they will expect of you to murder - and if you refuse - they will murder you. E.g. this guy was convicted of murder at age 14 and received a 9 year prison sentence. He was exposed to murderers in prison and look at the result: https://youtu.be/vLkRA2pdBdE Given reality - and not what is sold as an ideal system and/or pie in the sky - people who end up in prison for lesser offences have little chance of rehabilitation while murderers are around. They learn to become hardened criminals and many turn out murderers themselves. E.g. https://youtu.be/YsUs3tL_I0kThis is why I've stated previously in this thread: "The question we should rather ask ourselves is: "How many convicted murderers reoffend?"" And I could add: "How many convicted murderers help to turn others into murderers?"In addition, show me a list of murderers who have truly benefited from prison sentences and added something of value to society? |
|
|
|
Moral of the Story: If you want free meals and accommodation in Babylon, just murder someone - even if it is a close friend or relative. They won't kill you for such hideous crime, because they are too scared that you might be innocent. Alternatively, don't murder someone and slave away for meals and accommodation for most of your life. In fact, don't murder someone and you will foot the bill in terms of meals and accommodation (and some more) for those who have the balls to murder. What is not to love of a system that upholds the right to murder. |
|
|
|
From Jumbo's profile
Date Registered: May 31, 2012, 09:23:02 PM
Yet, Jumbo claims: "I can tell you just from the own experience, that it is not that hard to rank up." Not that time is the ultimate measure. Just saying.  |
|
|
|
Hello
We are running an own company and and we would like to take the service from a seller. But seller asking upfront payment so we would like to take an agreement for the deal.
All conversation via email.
What type of agreement works legally ? Is there possible to take a legal action against the seller?
If there is no formal agreement in place, then you will have very little recourse should the seller decide not to stick to his/her end of the deal. You could make use of the traditional legal system to have a formal contract drawn up before sending any money. However, given the time and age, you might want to consider a blockchain-based smart contract solution such as proposed by doctailor. If I were you, I would contact them for advice. |
|
|
|
It is happening right now: Mark Zuckerberg is being asked by the Senate about the Facebook personal data issue.
Well, to me this is a historical event, where many stuff of matter is being discussed:
- The privacy of Facebook. When you open your Facebook account, there are several rules (nobody reads them, apparently) where it is specified that all the data you provide will be immediately belonging to Facebook. Even when you delete your account they still store some of your data, but to what end?
- The Facebook mobile app also asks you about having access to your phone data (contacts, ok, but also your personal call history). This is being discussed as I write these lines for, What's the point of doing so?
- The Cambridge Analytica scandal just has thrown some light upon the Facebook's lack of confidentiality. But the discuss having place right now is going much further. How can Facebook team accept the legal conditions of the Alexander Kogan's quiz, even when it was clearly breaking the Facebook "law"?
Mark Zuckerberg is clearly having a bad time in trying to persuade the Senators of the goodwill of his enterprise. But, to me, it goes really far, and I have many many questions:
- Is an enterprise as Facebook responsible for the content people publish on the platform? If I have a private message app, then can I be responsible for what kind of messenger the people sent to each other?
- Is the free of expression more important than the harm it can provoke? For instance, look at how many teenagers have committed suicide due to the cyberbullying they receive from other users. There is some kind of response from the developers?
- If anyone is making rich by convincing people to share their personal data, can it be fraudulent in any sense?
Some previous thoughts:
- People do not read anymore. They just share whatever they want in order to get some recognition from the people surrounding. The "like" system is certainly sick, but the users and abusers of it are just as much sick as the concept itself. The people is not concerned about their own privacy or even their closed people one. So... Is it a company trouble or a social one?
- If I share anything on the internet, for sure it can be used in many ways. It is how the internet works. So, is the problem about Facebook, or this is just the tip of the iceberg and just shows how little society is prepared for this kind of platforms.
I don't use Facebook. I despise all related to the platform, but, in many ways, I believe this is a historical event. One of the biggest American entrepreneurs is on a trial for "selling data".
What do you think? I personally believe it can be a great debate about the use of the internet and the collect of data.
Nevertheless, It seems kind of ironic the US government is so against Facebook now, even when they ask you to show your social media app when you trespass their boards...
And also, all the senators questioning Zuckerbergs' platform use Facebook to their campaigns...
In my analysis facebook is nothing short of a front for Intelligence - and has been for years. I don't for one minute believe that Zuckerberg had a hard time before the Senate panel. It is just for show. Follow the money to see why I deem this to be the case. The mass collection, storage and use of private data for nefarious purposes have been with us for a long time - even outside of facebook. What they value most is the ability to manipulate public opinion. Beyond this purpose, the data of most people are pretty useless to them. This is why most people who have made use of facebook prior to the hearing are still making use of facebook. They have been brainwashed not to care. It is like with cryptos. I am a strong advocate of decentralized, private tokens and token exchanges while it is something that are not important to others at all. They simply don't care. And yet, the direction in which we travel can have huge impact in terms of the destination we reach at the end of the day. |
|
|
|
|
Show Posts
