In my country, Bitcoin is used by scammers. Anybody who doubts the too-good-to-be-true offers could easily be brought to the charts and the historical prices of Bitcoin and some altcoins and somehow be enlightened. It is probably enough for the doubts of a lot of people to be resolved once and for all once they see that it is indeed possible. Truth be told, the reputation of crypto being a get-rich-quick scheme has some factual basis.

The traditional market and its legit businesses cannot offer what the wild wild west of crypto can. That is why it is hard to instill in the minds of some that crypto or Bitcoin is not a get-rich-quick scheme when in fact the data shows so.

Bitcoin has, for example, tripled its price in 3 months. So if a scammer tells you that he's offering a double-your-money investment opportunity for half a year because he is a Bitcoin trader, there is actually data which shows that is very possible. This is probably the reason why it is hard to combat these scammers.

I'm a little bit confused.

Why is 03 the winner and not 23?

0000000000000000000ab611f771baf2df988bbe457cbc8c5a984c03dcba2a3d

Thanks, MrCryptHodl, for the fun raffle!

This is the reason why, just yesterday, I responded to a thread with the subject, Some of the major hacks in the history of Bitcoin/Cryptocurrencies (CHECK OUT), that it is actually misleading. The user, CryptoHeadlineNews, which seems to be a username of a media platform, went on to list down what he/she called as some of the major Bitcoin hacks in history. Under the list are the hacks of platforms Mt Gox, Africrypt, and Zaif. Apparently, what CryptoHeadlineNews referred to when he/she talked about Bitcoin hacks are exchange hacks. Mt Gox is not Bitcoin. Neither are Africrypt and Zaif. It is unfortunate that after more than a decade of Bitcoin existence, Bitcoin is still confused with Bitcoin exchange or Bitcoin wallet.

But what choice do the users have? As much as they don't want to be fooled again, if the liquidator asks them to fill up a form like this claims portal registration, I think they would be compelled to comply. They still have funds stuck in the exchange. And they're still hoping to get them back.

I guess this portal is legit. After all, this is under the control of the liquidator which is Grant Thornton New Zealand, right? But the moment a deposit is asked, it's another story.

It might be misleading to list down major hacks in the history of Bitcoin or major Bitcoin hacks when Bitcoin has never been hacked. In Bitcoin's entire history, never has there been a single instance when Bitcoin was compromised. Neither has there been a Bitcoin counterfeit in its entire history. The hacks that you listed under Bitcoin hacks are not Bitcoin hacks but exchange hacks. Apparently, Bitcoin is not Mt Gox or Africrypt or Zaif.

Anybody can invent anything like this. This isn't knowledge.

Also, the person who made this didn't do his/her own research. Humpback is a whale and whale does not refer to a particular species of animal. A shark is a fish and a fish is also not a specific species of animal.

And why do we have so many categories above 1BTC as if 1BTC is the minimum standard? 1BTC is more than $40,000. It is a big amount already. It might actually be more interesting to create categories below 1BTC.

For as long as the email address you used with the exchange is still accessible and you didn't delete registration, withdrawal, and deposit emails, everything's still there.

But I'm quite surprised at how late others received the same Cryptopia Claims Portal Registration email. I got mine late last year. This made me ask, are the liquidators handling this with competence and efficiency? They seem to be doing things without urgency or even determination. They seem not to be serious at all. They're doing things merely out of compliance.

I still have funds in Cryptopia and while I am not hoping that I will get them back, I'm also not completely ruling out the possibility that there will indeed come a time when a refund will finally take place.

When the pandemic entered, the prices ballooned. The cost of public transportation in some routes here in my place, for example, have even doubled. However, this increase in the prices of goods and services have not factored regular inflation yet. This was just the immediate reaction to the pandemic. Inflation brought by the indiscriminate printing of money has yet to take into full effect until now. So I am really bracing myself for more rounds of price increases and further weakening of the purchasing value of money.

Quite frankly, I was forced to cut down on my expenses. But it doesn't feel like I am forced to do it because the prices have changed a lot. It was more like I was forced to do it because there is a pandemic. Expenses on travel and other leisure activities have gone down a lot not only because the prices have risen but movements are curtailed to the essentials.

There might have been rulings, statements, or other official decisions against crypto in China, but I don't think there was ever a time when an ordinary Chinese citizen is really prohibited or deprived of any access to crypto. So whether or not these were not false alarms or mere FUDs doesn't matter that much at all, because, if my memory serves me right, there was somebody who was in China at the time of the 2017 crypto crackdown and he/she posted here that they could still pretty much buy and sell crypto.

So here we go. The ball has started rolling. The tipping feature is now available on Twitter. For now, it could only be accessed by some iOS users. Android will follow in the coming weeks.

The feature is presumed to be compatible with Strike, Cash App, Muun, and other third-party Bitcoin payment solutions. Of course, Square's upcoming hardware wallet will also be supported by this feature.^[1]

With this new service offered, Twitter has somehow become a hybrid platform, serving both as a social networking site and as a remittance app. One could now freely and instantly send money to anybody on Twitter all over the world.

[1] https://bitcoinmagazine.com/culture/jack-dorsey-twitter-rolls-out-bitcoin-lightning-tips-for-ios-users

To be fair, crypto is being called out, and quite legitimately. By pointing out the wrong in fiat as a response to somebody calling out the wrong in crypto, crypto gets nowhere. You cannot solve the problems of crypto by simply dismissing it. If for only half a year, and in a relatively smaller crypto community, $80 million is already stolen, it is indeed alarming. And it cannot be addressed by simply pointing a finger at fiat and saying it has a much bigger problem.

Wow! You've done a great job, OP! Congratulations!

I've always believed that the strongest catalyst for Bitcoin adoption as a currency is for small and medium businesses like yours to start accepting it as payment. There've always been talks that Bitcoin is money, that Bitcoin is designed to be spent, more than anything else. However, how could it be done when not a single store in one's locality is accepting it? Now, you're actually making it happen!

I'm curious, though. Did you already have customers who paid in Bitcoin? Is Bitcoin acceptable in your country? Or do you still register everything in fiat in your books?

I'm afraid you are wrong on this one. Not a single country has adopted Bitcoin as a legal tender except El Salvador.

If I am not mistaken, no single country even consider Bitcoin as a legal currency. Bitcoin may be accepted in other countries as a means of payment, but it is not a legally accepted money.


Possibly. If Bitcoin would grow into hundreds of trillions and the distribution becomes very wide, a decision of a single whale or a handful of large players in the market would not anymore cause a significant change in the price.

As I see it, it seems there is not much problem here. The truth is that you are probably wrong in saying that "governmental bodies and the banks thoroughly oppose gambling." That is apparently not the case. The government wants gambling because it gives them a considerable revenue. On the other hand, the banks also want gambling because they finance the development of these companies. However, they also need to control the damage at the same time. So regulations have to be put up to somehow strike a balance. But that's all there is to it.

A similar thread has already been created in the Bitcoin discussion board. However, it might be important for any beginner who goes straight to this board to know that the website which is considered the official site of Bitcoin is hacked.

Someone searching for Bitcoin online might be led to Wikipedia. Bitcoin.org is indicated there as the website of Bitcoin. They might trust whatever is written there. Please be informed that a scammer has already taken over that site.

There is a double-your-money offer presented on the site. That is a scam.

We don't know when it will be taken down. For now, avoid sending any amount of Bitcoin to the address indicated there.

My goodness! The site appears compromised indeed. Information should be disseminated across various social media platforms so that people will be given a heads up that the official website of Bitcoin is hacked.

Although double-your-money is clearly an offer from scammers, people might think this is legitimate as the site has been deemed trustworthy. They might send money to the hackers.

I suspect the culprit has some connections or might be an avid supporter of CSW.

Not much of a big adoption news really but might still be good news more or less. Every little thing that adds utility to Bitcoin is worth appreciating. That's how mainstream adoption works.

But I am curious as to the specific role of Bitcoin here. It seems Bitcoin is to be deposited only to be converted to a token called Unocoin so that it could be used as a top-up for FASTag. In which case, Bitcoin is just a way to get Unocoin. For sure, the conversion will always be in favor of the Unocoin wallet developers.

Apologies for having an answer similar to others but I think it is Bitcoin. So count this as +1 to saying that the best application for Blockchain is Bitcoin.

Blockchain could be used in so many things; in agriculture, medicine, medical records, shipment, election, textile business, transportation, gaming, governments, banks, elections, and everything, you name it. But it is simply different to have a currency built on a truly decentralized blockchain.

If this is so, then case should already be closed, unless there are still victims out there who have yet to reach out. In any case, I guess it would be unfair to say that BestChange is not "trying to resolve anything" and that it is refusing to cooperate.

Having said this, I don't think the accusation still stands until now unless, of course, if somebody steps forward claiming otherwise.


I don't really have all the details pertaining to this particular case but isn't it that BestChange is just a site providing a list of exchanges and their corresponding exchange rates? As such, is BestChange, therefore, responsible for a particular exchange getting hacked? Is BestChange even culpable for the loss of the exchange's users when as soon as the information was relayed that the exchange was compromised, BestChange immediately suspended its listing?