I've heard that Bitcoin phone scams are making their way around. The scams supposedly call and ask you to pay debts or IRS taxes with an alternate cryptocurrency/Bitcoin while others try to get you to "invest" in a fake coin. The main thing is they seem to be targeting people over the phone.
Has this actually happened to anyone?
If its about IRS then its related to the United States and if anybody should be targeted, it then means your information provided at some point have been compromised for them to that you have interest in crypto. One reason why one needs to be more careful where you drop your contact details online and where you fill and all sorts of verification processes. I have not been contacted, but I think its just common sense just like the amount of PMs sent on the forum by bots or newbies advertising some forms of ICOs that don't even exist. What you do is just to ignore. No one is making you do such at gun point. |
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Why would one rush to get into the whitelist, what advantages did you have personally getting into the white list ?
I have been wanting to even know the importance of all of the whitelist in the ICOs because I have seen the announcement about joining and I wonder how relevant it is to the success or failure of the ICO. But from the contribution I have read, its just some generic responses and I am sure even ICOs bothers about that when most are even struggling to meet the soft cap for them to have time to bother about who is one White or blacklist will be a waste of time and resources. |
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Hi,
I want to earn interest on my coins (BTC,ETH,LTC) therefore I prefer to leave these in Exchange for funding purpose, however I have No plan to sell or exchange with other coin in near future.
I always keep my withdrawal blocked by changing password every 5th day.
Is it 100% safe to keep crypto's in exchange like Bitfinex or others with withdrawal locked ?
This is one of the most ridiculous decision you want to make because no matter the reputation of the exchange site you are leaving the coins, they are still susceptible to attacks which is something you should prepare yourself for. I am not sure the exchange site that add interest on your balances but if you want to keep long term as you have said, its best you just use a desktop wallet or offline wallet and save yourself the stress of having to change password every five days which does not matter if your the exchange becomes vulnerable. |
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Yes, the END of cheap, great quality crypto is NEAR. Once Amazon.com adopts crypto, the masses will fully awaken, and will come pouring in. Get your crypto now, my timeline says in February Amazon will launch something MAJOR, and this article supports my conclusion: https://www.zerohedge.com/news/2018-01-22/could-amazon-be-gearing-cryptocurrency-exchangesOnce the largest American online retailer fully supports crypto, the FUD will no longer be as effective in tanking the markets.... you will never again see a time to buy such great quality crypto. Amazon accepting bitcoin does not by default translate to people accepting bitcoin neither will Iit mean that the FUD will stop rather it might even give them more way to talk and poke into the affairs of Amazon more than before. Aside that too, the full adoption might not just turn out to be massive because I for an individual would not buy anything on Amazon to pay with bitcoin rather I would convert to fiat then buy. |
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The statistics you have is just for the last couple of days and its on an average which is not enough to conclude that we have achieved an equilibrium position because at times when things are down, its assume that stability has been achieved which would be a wrong conclusion because the market is still subjected to high level of growth that we don't even know about. What we should do is to play along, invest when you can and wait till the times peak activities will return. |
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I am amazed with number of people being fooled with BTC:
1. Transactions takes hours
2. Fees are high
3. Development team sucks, uncapable solve scalability issues for years
4. Its not anonymous, every solution to make it, failed so far
5. Its centralized: who is biggest hash power owner? Who is biggest miner hardware provider? Who owns most of bitcoins? What is % of Bitcoins in coldstorage and what in exchanges ( Ye Mt Gox )
6. There is 0 economics for BTC, it just tight to USD with liquidity providers, cut that and try to value pizza box with just BTC
7. Its not store of value, its not digital gold, and it will never be 100k USD. Because it has no value. It has value only for energy probiders, hardware manufactures and random phils.
8. Its not insured, If some crap happened to your BTC, its gone.
Such crap will never be used in payments, noone wants to support Terrabytes or Petabytes of data.
Its funny to observe how uneducated shills trying to make casual office landline phone to look smart phone.
BTC is scam of the century, stay away.
I see that this have generated a lot of responses and its largely because it based on the assumption that you are a Senior Member of the forum. Even though you have the right to your opinion and decide to air it but I also expect that you should have been following the recent happenings in relation to bitcoin. While some of the problems you identified dont have current solutions, but the concluding that developers are just not doing anything is far from the truth because a lot are being done to address the current issue which is not limited to SegWit, Lighting Network etc. |
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Ok, so the question remains, and I've never heard a clear cut answer. What is going to be done about the GRF tokens in my Nano wallet from pre-ico. They're being convertated by 100x? How is this going to happen? Instructions?
Graft-project said that we can exchange the GRF tokens upon the launching of mainnet. Here's his reply in the signature campaign thread. I am waiting for an update also. Why don't you exercise patience on when and how soon you want to exchange your tokens to coin. I think they have done well to have said everyone can exchange immediately the mainnet is launched and if they are not keeping to that word, it all good to cut them some slack. A lot of token payment would even wait several months after the ICO is over before crediting promoters their portion and the reason is to avoid dumping that is greeted by a lot of all this which might drag the price below the ICO price. |
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.. so I've been watching and reading about btc technical analysis almost daily now, and I'm kind of sick of being in this current triangle. I've only been in btc since September so I really don't have that much history, but for those who have been in btc much longer - how much longer do you think it will take before btc goes back on the upward trend again? It just seems like a really long sideways movement.
On Dec 17th, it reached its high of $20k, and it has taken almost a month and we're still below those numbers. What is your estimate for when we can be above $20k again and onward to what people predict for this year ($50k-$100k)? Another month? March?
I know nobody knows for sure, but just looking to hear about what people's gut feel is (and only from those who have btc experience over a year please).
Thanks.
If you continue to bother with what price says every now and then, you might end up having high B.P because no matter the amount of analysis you watch or study, there is absolutely nothing you can do to move it from the current position as an individual rather I would advise if you want to hold, hold if you will sell then come back later when things stabilizes, there is a market for you any action you take, its all good. |
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The bond market is going to crash hard and all the boomers are going to hate themselves at not buying this cheap bitcoin.
Wall Street is irrelevant when it comes to bitcoin, futures markets don't matter, it's a waste of time, they don't move the underlying asset.
What is currently happening is just showing that bitcoin does not follow the same pattern as other forms of currency. They started bitcoin future thinking it will just work like that unfortunately it was pure waste of time. Again, we read January 15 when bankers get their bonuses, it will be used to pump bitcoin again that also fail as the reverse is what we are seeing. I am tired of reading various theories with everybody trying to be a self acclaimed expert on the situation of things. It does not apply to bitcoin what will happen will surely happen. |
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As we can see right now, bitcoin is going down again to $10,000, so the question is, when do you think will this repeating crashes end and reaches back to $20,000 again?
What will be the lowest value of bitcoin in the end of January?
Will it be able to recover back to $20,000 by the end of this month?
I am sure a lot of people must have been surprised by this and a lot of theories I am further to see on the forum. The time when bitcoin will touch $20000 again, the answer is no one knows the value it will be in January, no one also know. The true fact is that January Is known to be a slow turn of events and I wouldn't keep my hopes so high not to get disappointed by predicting unnecessary outcome for price. Let all.just take the day as it comes. |
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Checksum's don't add up, got my answer just as I thought... Thank you. Someone on another forum told me I can hire someone to trace the coins, any truth to this? I am so sorry for your loss but I would appreciate if you can tell us specifically where you got it all wrong so that others can learn from your mistake. I can't imagine having such an amount and then losing it. In trying to hire someone to help you trace your funds, please be more careful as well because there are people also on the look out to still get the little you are trying to manage out there and would see this as an opportunity for someone who is desperate. |
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There seems a sign that central bank are currently interested in the blockchain. So what will be the effect on current cryptocurrency if central bank release their own coins? will it be a good news?  Of course there would be effect because it would mean that they every other form of crypto currency is banned in the country and that is an effect on the market in the local country. However, depending on the amount of influence the country has on the entire market would now determine how far it would go. "After all, the youths said they wanted digital currency, now they have one what else are they still looking for outside that our own currency cannot provide". |
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Times without number we have held the view that the argument associating bitcoin with negativity does not hold and its merely a way to call it bad name and give them reason to go on attacking mode even though we don't have the statistics. But this is just a confirmation that all of those things that bitcoin is being accused of facilitating are actually in existence before bitcoin and would even continue if bitcoin cease to exist.
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what do you think off the position off the south korean government trying to regulate cryptocurrencie? do you think other countries will try to adopt the same position? china already banned bitcoin exchanges. facing this changes what is the future for cryptocurrencies. will they be regulated in the future and how soon do you think will see this kind of measures in europe?
If it's about regulation, then there is nothing we can do about it and its even a succour compared to outright ban. The regulation itself is causing panic all around if we then go against regulation, we are willing calling for banning which might have a devastating effect. Whether other countries will tow the same line, that is a sure thing to happen because government of any country wants to be on top of every situation whether legal or illegal. |
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The same way Op has read the news, so also we have read as well but while we are waiting for the real ban to happen, others are spreading the panic which has equally affected the market in no small measure and recovery seems a more difficult thing to happen every day despite the hope that it shows. News like this to me, are just signals for everyone to retrace his steps and understand whether the path of choice is something to be reviewed or continued in it.
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This is a message to everyone that never think too much of the anonymity and because of that thinks that you can do anything you want. For them to have busted her means she must have been under surveillance for a long time and they have been watching her every move to the point of her making a donation. Now that they have caught her, she only succeeded in giving btc a more bad name. And to everyone, planning same thing, you don't know who is watching. |
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Top banks suspend accounts of major Bitcoin exchanges in India  MUMBAI: Top lenders including State Bank of India, Axis BankBSE 1.12 %, HDFC BankBSE 1.00 %, ICICI Bank and Yes Bank have suspended some accounts of major Bitcoin exchanges in India, suspecting dubious transactions, three people aware of the development said. The banks have also sought additional collateral from the promoters of these exchanges on their borrowings and have capped cash withdrawals from the few accounts that are still operational. The banks are scrutinising current accounts held by top Bitcoin exchanges, a second person said. Action has been initiated against the top 10 Bitcoin exchanges including Zebpay, Unocoin, CoinSecure and BtcxIndia, said four people aware of the matter. https://economictimes.indiatimes.comUntil I read an official release on the statement its still going to be regarded as rumour. I would want a more reliable source rather than anonymous people who are quoted to be aware of the situation. When government when to ban bitcoin trading it does not go after some selected exchange sites it goes total just like what happened in China, this is probably a mere shake up based on current happening and again, who ask for additional collateral when they are about to be banned? |
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First watch this vid. https://www.youtube.com/watch?v=3LSBZtL_sLsCrypto is incentivising people to destroy the planet. At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next. If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future. You sounded more philosophical if you ask me because taking what you type here literally would mean someone who is not communicating anything but beyond that I guess you talking about environment impact of crypto but that should not be a concern at all. Crypto does not use a special form of energy. If today, we no longer on plants or dams to power our houses, and we using something else so also would mining use such energy nothing more or less than that. So other thing can kill crypto but not based on your theory. |
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If there is anything we have learnt from the happenings since yesterday is that the role government plays in the propagation of anything is key and that is important and a further fact that government can ban anything as well. From yesterday to this very moment, a lot of hopes have been dashed and I expect more to happen in the coming days but that is not a testimony that this is the end as we are very much far from that to happen.
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The lending programme Bitconnect which I previously predicted Ponzi, turned out to be true today.
I personally invested 0 USD in this platform after 3 months of my research.
But newcomers in crypto space doesn't have so much time like me and decide by their own eventually, thousands of people lost 10s of thousands of dollars today, with Bitconnect.
What will you advise for them?
How can we all make this crypto community better?
I personally think scams like bitconnect event will bring negative trust in crypto space for a short time at least for this jan.
The effect will actually be felt by those who invested in it. Just like some months ago, when I was introduced to it, a lot of readings were made about it and every of those comments were negative concerning it with that, anybody who valued his/her resources will know that is not the right place to put your hard earned resources. |
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