-snip-
ChipMixer is a reliable, trustworthy company that handles millions of USD worth of Bitcoin and this is not something we should be too concerned about, or at least I'm not.
Umm, where did you get this figure? Not trying to be a dick, but just wondering if you're shilling for the sake of shilling, or if you actually grabbed this figure from somewhere reputable. Or are you just guessing? That figure definitely seems a bit suspicious, chip mixer has only been open for around 2 months i think, and even though it has become fairly popular, it seems higly unlikeyb that they would have mixed around a couple million worth of USD in bitcoin. I think chipmixer has really grown these couple of weeks and they have done a good job of being super customer friendly, especially on here, with them addressing every single complaint, hope they keep doing this! |
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can they hack into our wallet. There are many professional hackers out there. What are the chances? Also what is the safest way to safeguard ourself?
Some steps you can take towards better security, especially if you are planning on holding a lot of bitcoins and for you to not use them include these following options: 1. Consider purchasing a hardware wallet or deep storage if you have a bunch of bitcoins, these are much more safer than online wallets such as block chain or coin base, since you will have access to your own private keys. 2. An offline wallet is unhackable, since the wallet is offline, so I would definitely recommend one of that. 3. I would recommend using multiple addresses since it would make it much harder to hack. |
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Would it be possible to fund a reasonable budget movie (say $10MM) via BTC or Ether?
What do you think would be required to get enough interested contributors including some whales?
Should totally be possible, just depends if the director is willing to take the risk, the bitcoin in that movie may make the budget rise and fall and most directors aren't willing to take the risk, this also raises the question of how product placement would work in this movie, would the product that is being advertising have to pay in bitcoin or would normal fiat currency. I think that forcing the people who want their product to be advertised to pay for the advertisement using bitcoin would be a good idea but could backfire. Imagine a new kickstarter project with the title "funding a movie with bitcoin", i am pretty sure a lot of people will be interested in watching that. PS: what would the movie be? |
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I've read most of the bitcoiners mentioning "Social media Campaign" as a newbie, I know i'm not in rank to join any Signature campaign. As curious as I am, what is Social media campaign? Do "newbie" as me, can join? What are the requirements? Thanks for any answers.. Godbless us all.
A social media campaign is pretty much what the name says, it is for social media, which includes, but is not limited to, Facebook, twitter, telegram and Instagram. Some campaigns will pay you for doing certain activities on those social media campaigns, like say following their ICO page, or tweeting about them if you have a lot of followers. Social media campaigns usually don't pay as much as signature campaigns, since social media campaigns require less work, and if you have barely any followers on social media, they will pay like a dollar for posting something. If you are looking for ways to make money, I would recommend leveling up your account to full member and then enrolling in some signature campaigns, or becoming a freelancer and looking for odd jobs. |
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how many country of the world now accept btc?  Not many countries have deemed illegal, which makes it legal most of the countries, but some countries have officially recognised bitcoin as a payment method, while some countries have not really paid bitcoin much attention at all. A list of countries that I can think off that have officially recognised bitcoin, include Australia, The United States, South Korea, Sweden, Denmark, The United Kingdom and Japan. Very few countries are involved with bitcoin, which makes bitcoin lack the proper government backing to go mainstream. Russia will soon officially legalised bitcoin soon, and that may help, but we need all of the countries that are involved in the UN to support cryptocurrencies and make sure they receive the proper government funding and development to go big. Some countries are still afraid of bitcoin, since it is decentralised and they think, it may worsen the condition of their market, but we need to stop that. |
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I ordered 1 piece L3 + antminer.
I paid the requested amount and I have not received anything yet.
I was not given a tracking number.
I suspect that the person doing fictitious bitcoinfuck deals can be one and the same person.
Do not buy anything from him !!!
33bitcoin.com is a scam !!!
Also a side note, why would you buy from a site which says "NOTE : If You Don’t Get Redirected After Entering Card On Checkout, Please Pay Via An Alternative." Isn't that a sign that something weird is going on, and if the site was legitimate at all, it wouldn't have the issue with accepting credit cards as a payment option. Also, from just looking at the shop there are only 7 items, and some of the items are used, which makes it more of a dodgier ebay for mining only. The price of the items are also super cheap, for example, the Antiminer S9 is usually 3K while the site sells it for barely 1.6K, which seems too good to be true Definitely a scam. |
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I ordered 1 piece L3 + antminer.
I paid the requested amount and I have not received anything yet.
I was not given a tracking number.
I suspect that the person doing fictitious bitcoinfuck deals can be one and the same person.
Do not buy anything from him !!!
33bitcoin.com is a scam !!!
Firstly, please submit your scam accusations, it would be easier to read and help you with. The format can be found here : https://bitcointalk.org/index.php?topic=260073.0From the first look of the website, it is quite obvious it is a scam. Usually for most sites, the tab where the site is located has a logo, for example bitcoin talk has a logo of a gold coin with B on it. The site, 33bitcoin.com doesn't have this, which is a first sign that something is wrong. Now digging further it has even become more dodgier. After a quick google search for the words "33bitcoin.com" the site itself did not come up as the first hit, but instead a bitcoin talk article about the site ( https://bitcointalk.org/index.php?topic=1955660.0). Now if this isn't enough, just take a look at the site itself, at the bottom of the page, it says powered by Wordpress which means the site was probably made for free, using a template site, not even by code. The design of the site is also crappy and the navigation bar screams dodgy. Please don't let anyone else be fooled by this site. |
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I just read in this article how someone made a transaction including 80btc as the transaction fee which eventually btc.com mined the block. That is an outrageous fee I must say and how on earth would someone make such a mistake. Such a thing was also reported to have happen with even a larger fee which no one came back to claim. The questions that arose in my mind are; 1. Do you think a sender can really make such a mistake or there is someone who just deliberately and randomly want so donate btc to any miner that ends up mining their block? 2. If this kind mistakes happen, do you think there should be a reclaim or we just assume it is the miner's luck? What are your thoughts? Here is the link to the article: https://news.bitcoin.com/mining-pool-btc-com-80-btc-fee-refund/Oh god, that is so much lost from that poor guy. I don't think it would be possivle for refunds to be made though. One of the features of bitcoin, is not chargeback scams and if this guy got a refund, who is to say that the guy who buys something legitametly doesn't get refund and scams his/hers other trading partner. It's hard to make exceptions or be nice to someone in particular nowadays, since everyone has ulterior motives and will try and get free money also. The miners must be rejoicing and whoever mined it would be so happy. |
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I have read in the news that that like bitcoin as virtual currencies are assets and does not have the characteristics or what it takes to be a currency that could meet our modern economic needs. It was said that it does not have the fundamental attributes. What are your thoughts about it?
Bitcoin is a lot of things and that may also include being an asset. For something to be a currency, it just has to be an assest that has the highest liquidation, which will them classify it as a currency. While bitcoin may not have same features of fiat currencies, it is still a currency. Bitcoin is an investment, a currency, a type of stock and also an asset. Bitcoin is good asset,and Bitcoin is more than an asset,is works like a currency. bitcoin works like a bank.we can send and receive the money through the internet.it is very fast and safe.
Moreover, bitcoin is like a kind of stock, one of the strongest stocks that can dominate the entire market. The crypto market is just like the stock market, everything is similar. This is a good analogy of what bitcoin is, one of the many stocks in the stock market. Stocks have value and can be swapped for fiat currency, which is what bitcoin can do. asset or currency, doesnt matter as long as it has value and people use it.
Also agreed, people trust in bitcoin so it doesn't matter what it is, it can be used to make transactions, that's what is important. |
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Trying to get a grasp of history and making some predictions. Improvements are welcome! I always thought that price might stabilize over time but I'm not so sure any more.. Though I don't see any reasons yet for Bitcoin to stagnate.
2008: Concept phase
2009: Launch
2010: Experimenting
2011: Started to grow
2012: Acknowledged by the world, promotion
2013: Acceptance by small companies, turbulence, politics, super hype, venture investment boom
2014: Crash, hacking of exchanges, acceptance by large companies, venture investment boom v.2.0
2015: Price recovery, merchant acceptance boom, acceptance by some governments
2016: World wide acceptance, network expanding and huge rise in mining power, ATM boom, scaling war & Bitcoin politics
2017: Cryptocurrencies boom full spectrum, Japan accepting Bitcoin as legal way of money, other important acceptance, (scaling compromise and solution, potential forking turbulence)
2018: Serious cryptocurrencies development and altcoins finding their purpose, large network scaling, big fresh investors, price boom v.2.0
2019: Serious push for mainstream adoption in some countries, mixture of cryptocurrencies and interoperability
2020: Some Bitcoin and banking (FIAT) systems cooperation (banking long-term survival plan), serious world wide regulation and legalization attempt, Bitcoin banks (for legally lending Bitcoins for interest)
I'm not sure whether the 2020 prediction is going to be accurate. Because honestly bitcoin does not go well with the fiat currencies at all. If anything, they are the complete opposite. Banks might like the idea of having immutable ledgers but they will create their own and not use bitcoin because they want to retain control. Though mainstream adoption/legalization is happening right now and i can only see it expanding even more as a trend in the future. Honestly though this should have happened a long time ago. Governments are only realizing now that bitcoin is really a legitimate currency, and not just some magic ponzi scheme. Also, another thing. I expect BTC to massively outperform altcoins in the coming years. |
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Thanks for letting us know.
I think that it is probably not going to be likely that anyone here will visit the forum that you mentioned, but there is a real possibility that Bitbankescrow will be used as a way to scam people via a bogus escrow setup.
Just make sure that you don't get greedy and fall for the same scam twice. 50% non carded amazon gcs are just too good to be true. I wouldn't be surprised if the giftcardworld.org admin is creating some alt accounts for himself on his own forum.
BTW you should probably include the name of the bogus escrow site in the title as well.
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In case you missed it, ChipMixer. If you are not satisfied with our service, please contact support in 48h (while your session is not yet deleted) and we can help you. Waiting few days then writing on forum while advertising bitmixer looks bit weird.
I have a question that probably a lot of users just starting to use chipmixer will probably share. What if the session is automatically destroyed after 48h and something happens, say the funds get stolen/private key doesn't work? Will support be able to help the user then? -snip- @ChipMixer: What do you do if someone claims you have stolen Bitcoin from private key you have given. If it is a small amount, it may not have much impact because of the trust you have. But, what happens if it is a large amount? I hope you have already thought about it and have come up with a solution or is working on one! Good luck! By the way, I have sent you a PM! Please reply! Thanks! As with other mixers and as is the nature of Bitcoin, there's not much that can be proven when you accuse someone of stealing. For example, if a mixer/wallet/exchange is accused of stealing, no one can prove who actually spent the bitcoin since the only proof would be held by the person stealing and by the original owner, who might be the same person if the accusation is false. How could people know who is being truthful if the result would be the same regardless of whether the original owner spent the bitcoin or if the other party used the private key? It could even just be a hacker who managed to get the private key through other means. There is a difference between ChipMixer and other mixing services, online wallets and exchanges, i.e. ChipMixer gives you private key. When we withdraw Bitcoin, you will get a receipt or a signed message saying you have withdrawn xx.xxxx BTC to 1xxxx...(or 3xxxx...). You or the service can check the withdrawal address you have given to see if you have gotten your bitcoins or not. Even if an accusation is made, you/service will be able to provide sufficient proof. If you couldn't, say they blocked your account, that will only make service's reputation worse. But that's not the case with ChipMixer. They are giving you private key which makes it harder to prove who send Bitcoin from that address. So in the end it all just comes down to trust and reputation of ChipMixer.
Yes, you are right! However, anybody, especially competitors, could use this flaw to destroy their reputation. If someone accused ChipMixer once, maybe a lie! If it happens second time, is it really as trusted as others say? If it happens for third time, suspicious!!! If an accusation is made again, negative feedback! Well, now that you've mentioned this possibility i think it's really a bit daunting. So i'm wondering as well - what if someone decides to frame Chipmixer by saying that they got hacked/chipmixer did an inside job when they really just sent the bitcoins to themselves? there would be no proof either way, but the guy can do this under multiple accounts and then people will say chipmixer is a scam. Does @chipmixer have any sort of strategy to prevent this from happening? Maybe get the person using the chipmixer service to insert a bitcoin address in the beginning and then just before the private keys are revealed, they have to sign a message with the exact same address to prove that it is still them accessing the private keys and nothing fishy is going on? |
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Do you think they are talking about bitcoin in your basic ECON class?
Definitely not. I really doubt that bitcoin is covered in university economics courses right now let alone your basic economics classes. Plus, the governments obviously have a conflict of interest as they want to retain their control over the economy and teaching people about bitcoin will totally contradict their interests in keeping an active hand on the economy as it is decentralized. Instead of asking for schools to implement bitcoin in economic classes, i'd actually want to see more bitcoin seminars where bitcoin newbies can come in and learn about everything bitcoin related for free or for a small fee. That would be very interesting. |
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I'm really surprised at the fact that they are one of the leading exchanges in terms of volume not only in UKorea but rather in the entire world and they still can't afford apparently to get a cold storage going on to prevent these sorts of hacks. I mean storing in hot wallet is convenient, but how is it wise to store so much bitcoin in hot storage? IT just seems to be very bad management to me. The price doesn't seem to be negatively affected by this, nor the Bithumb exchange. I wonder if they decide to release the wallet address to the public because then we can see if he transfers the coins to an exchange to cash it out(if he isn't smart enough to use a mixer, that is). On a side note: Bithumb prices are still consistently +100 USD from the rest of the exchanges. |
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When you say "Controlle" , i only think in the centralization of the bitcoin :p
But iwhen we talk about the volatility of the bitcoin (or any other cryptcocurrency) we need to remember that the price of the bitcoin moves ike any another commodity, whith time and tge growth of the maket cap, the price will estabilize.
Yeah. Controlling bitcoin volatility equals essentially controlling bitcoin itself, because to control the volatility of a currency you can't just do it in a decentralized way. Someone or some organization has to step up and take the role of the bitcoin central bank. once this happens then sure, every one will say that bitcoin is stable, and it makes sense in the short term. But in the long term, inflation is going to take over, and bitcoin is going to get dragged alongside the collapse of fiat currencies. Is this something that we'd like to see happen to bitcoin? Probably not. Besides, bitcoin volatility is the factor that attracts a lot of investors because they are able to make a lot more money on bitcoin than the stock market for example, in a much much shorter period of time. |
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DJI and all major/minor stock indexes around the world in a bull market since the end of 2016.
Bitcoin and almost all altcoins are in the bull market almost since the same time.
Do you think these are the same whales that are trying to make some money around anywhere?
I am expecting a correction in stock market very soon. Is this correction affect cryptocurrency positive or negative way?
Do you think bitcoin will go in bear market if stock markets go in? Or the whales in stock market will move the monet into the coin market?
I'd think of the stock market and bitcoin market as two very different things. However when a stock market is booming is usually means that the economy is doing quite well as well, meaning that more people have money to put into bitcoin. I'd bet on a correction on the stock market pretty soon as well. Though unlike stocks, bitcoin is a currency. It is able to serve as a way to transact through the globe and this won't change hether or not the economy is doing good. So I'd expect if there was a correction to the stock market it will be indepnedent to the bitcoin market. Unstoppable bull markets for cryptos means death of national fiat currencies. It means there's a ideology behind the reasoning to always invest more and more, and this ideology is about breaking the State, or at least to defy it.
Exactly, bitcoin is by far outpacing growth of stock markets(a sometimes good indicator of real inflation). So i'm sure that central bankers are panicking right now. |
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The article is pretty well written and the points are all pretty good. $5000 will not be likely but rather inevitable due to the fact that there will only be 21 million bitcoins ever existing. However i wouldn't say that it would happen this quickly. As we know there will be a fork happening in like 3 weeks time and it's hard to ttell right now what will happen. If a hard fork happens then maybe we'll see bitcoin go under $2000 even, though it's unlikely. By the end of the year though, even if there is a hard fork there should be a decisive winner. So $5000 is a real possibility by then. |
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For most people in my opinion trading bitcoin is going to be the smart thing to choose instead of stocks or metals because it has a much lower entry point and you get a lot of freedom as to how you want to manage your portfolio. Stocks are too stable meaning that if you are an average joe just wanting to make some money off day trading it is likely that you're not going to benefit that much at all from trading stocks as a 5% gain would be considered astronomical.
Also, i find that margin is much easier to obtain in crypto trading than in stocks and metals. Another thing is that when trading metals you are usually not actually trading the metal but rather a derivative. With bitcoin trading you are actually trading bitcoin.
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Price doesn't matter at all in this case when comparing bitcoin to gold.
Obviously, gold has more recognition and international acclamation than bitcoin, right? Yes, bitcoin has risen more than gold. Yes, 1 bitcoin is now worth more than 1 troy ounce of gold. But 1 troy ounce of gold is just an arbitrary figure that people put on gold to make it easy for them to measure how much gold is there.
A more accurate measurement is market captilization, in which bitcoin is obviously still far far behind. Gold is estimated to have a market cap of a few trillion US dollars, whilst bitcoin has only 40 billion right now.
Plus, this isn't even news. This happened like in March/april.
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As we see bitcoin start rising again what you predict about bitcoin's price by the end of 2017?? I predict bitcoin's price will be in between 3200$ to 3300$ by the end of this year.
I have to disagree. I think that there will be a whole lot of panic over the hard fork which will likely occur this year, and if the hard fork does occur then i don't think we'll see a bullish market until a decisive winner is found. If no hard forks are activated, then $3200+ is a real possibility. However, we have seen the bull market sort of stalling over the past few weeks. This could be a sign for preparation for another pump but it is more likely than not that price will drop down to $2000 or so and establish itself there. |
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