A lot of these hacks you hear about are fake. Its just an excuse for excchage operators use to run away with customer funds. Sure real hacks happen sometimes but those are actually rare at an exchange level without an inside employee that is involved.
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Mining has always remained profitable for some people or no one would even be doing it. Don't be surprised at how low some of these big mining farms have been paying for electricity. Btc difficult still hasn't increased much since this recent price jump but I expect that to change soon.
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Sometimes its better to just focus on your passion and not the money. The money will come over time if you provide value to peoples lives. Money can get in our way of achieving the things that truly matter in life, remember that we all die one day and no amount of money will change that.
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Bitcoin has really gained market dominance again but that money will start to flow more towards altcoins. The same pattern continues and I would be looking to buy some really cheap altcoins now to maximize your gains. For example I could see ethereum doing a 6x in a short amount of time while bitcoin doing that would be nearly impossible in a short time frame.
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If everyone joined together and just stopped using fiat their system would collapse. The thing is that money doesn't even matter. We still still have the same amount of natural resources. A truly advanced civilization would reach a point where they don't even have money.
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As long as no customers lose money trders will continue to use Binance. They don't make you do KYC unless you are trying to withdraw a large amount and they have decent liquidity on a wide selection of coins. The biggest concern is that CZ though he could roll back the bitcoin chain to retrieve the hacked btc.
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The price drop in satoshis was completely expected. Anyone that didn't think this would happen was delusional. Its basic math, doesn't take a genius to figure out. 24h trading volume is nowhere near $20million either, coinmarketcap is a fraudulent site promoting fake volume numbers.
I would be interested in knowing what percentage of people paid for copper memberships with grin since that became an option.
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Why is this still happening? And most of it keeps happening in the US, there hasn't been a single school shooting in my own country, or any of our neighbours -- ever. Yet it happens year by year over there, dozens of times. All the while, people just debate about gun ownership... things have really gone downhill these last several years, and they keep getting worse, is acceleration really the only option?
Factor in the entire population and these events affect very few people. Media is making a bigger deal out of this then they should. A lot of these shooting are probably fake anyways so they have a reason to ban guns from citizens.
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Still have a long way to go to reach the previous high. The climb this time will be much more difficult as many people are just hoping to break even. A lot of altcoins have crashed to nearly nothing and won't recover. It looks like a lot of FOMO is forming and the noob investors might jump in again.
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Bitcoin isn't easy to invest for the common man anymore. Barely anyone can afford to buy a full bitcoin. Not many people have $7,000 lying in their bank account, most people don't even have $1000 in savings. Sure they can buy a fraction of a bitcoin but they won't make life changing money like the early days or from altcoin investing.
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If you have any ripple left I would just convert it over to bitcoin and ethereum. People are starting to realize that the ripple founders have a ton of xrp to dump on the market and the price will not be rising like btc will.
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I don't want to jump to conclusions but they may be selectively scamming people. They process the small deposits but anytime there is a decent chunk of coins they just keep it.
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No matter what they do there will always be some hackers that are one step ahead. The scariest thing about this whole situation is CZ was talking about rolling back bitcoin. I know ethereum was able to do it but bitcoin would completely lose credibility if the miners were able to pull that off.
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I refuse to play on many new gambling site because of afraid from being scammed, so I just want to play on the trusted site for years now which gives me more confident to play. Gamblers should not think for any rewards at first, you need to know the gambling site if its legit or not. Don't ever forget where is your money, you have to monitor it.
None of these crypto gambling sites are entirely safe. If you want safe gambling go to a regular casino in real life that has many laws that they have to follow. There is just too much risk to gamble with crypto online.
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Luck plays a role in everything we do but our knowledge and skill allow us to over come the odds. Unfortunately a lot of has have the intelligence to trade and invest but lack the capital to make any serious market moves.
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The market rebounded as it always does, anyone who panic sold in 2008 acted emotionally and not rationally. Smart investors were buying property and stocks after that crash. Investing isn't a short term gain, you need to have a long mind frame like Warren Buffet.
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I do have a few coins that aren't in the top 100. Its fun to go for those high risk high re.ward coins. Its exciting because you never know if your coin can go 100x or not.
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“Money laundering 101: breaking the transactions up into smaller and smaller amounts making them more and more difficult to track”
I'm curious if Zhao discussed with some of the mixers' owners to block those funds. That would be an interesting move. Then the hacker may end up with a pile of Bitcoins he cannot ever use, unless he'll start sending to unsuspecting fools really small chunks. Or simply with the money seized by the mixer and returned to CZ. He doesn't have that kind of power , mixers are out to make money and a lot of their customers are involved in shady activity. There are many different mixers that the hackers will be using and they will obviously do it in small chunks if they are smart. Its easy to get away with stolen coins if you have half a brain and are patient.
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I'll be a tester for your mixing service.
bc1qwezlxdpma3mmlsu54a5gz478cfgauvhnvvnqzk
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You can be long term bullish and still try to increase you bitcoin amount by day trading. Some of these altcoins move 10 percent or more in a day so if you are strategic about your orders you can rapidly grow your coin stack. I've been doing a little bit of trading myself recently trying to scoop up some alts that have really low btc prices right now..
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