Dunno, people I know have sorted this out, and gave their spouses/family members some sort of instructions what to do in case something happens to them. I did the same, and several of my closest family members have access to my seed phrase. They are completely clueless when it comes to crypto, so they are instructed to contact a friend who will explain them procedure to access the crypto in case something happens to me.


One of the possible solution if you don't trust anyone, yet wanna pass your crypto onto someone is a dead man's switch. You may wanna look into something like FinalMessage, in which if you don't do certain action for set amount of time, message will be sent to designated people with instructions how to access your crypto.

Africrypt wasn't exchange, as wrongly presented in majority of media, but investing platform that promised 10 % daily ROI on the investment, and they claimed that they were able to bring that kind of profit thanks to "AI driven trading platform", which is just a standard bullshit to hide that there is no trading going on, but instead it's just an ordinary ponzi that can live as long as there is constant influx of new investors.

Those two brothers naturally didn't want to wait for that, so they just did exit scam and disappeared with the bitcoin they had at that moment.

Haha yeah, that's common misconception about government giving something for "free".



Pretty much this. At first this news sounds great, but when you dig deeper, it more looks like a publicity stunt than something legit and with honest intentions. There are still many questions unanswered but once that wallet is out we will know what's actually going on.

That's the thing, I think that it is easier to steal that amount of money (not that is easy at all) than remain hidden. You really have to able to control yourself not to spend that kind of money. On top of it, those are basically still kids, as one is 17 yo and other is probably not much older. So yeah, my guess it that they will be caught eventually, if there is enough effort put to find them.

What if they actually plan to send the derivatives instead of actual bitcoin, and that's why they are making this Chivo app mandatory in order for people to get BTC? I mean, if they really have no ill intentions, they would just let people get their BTC in any wallet of their choice.



That's true, another part that sucks, but I see no other way to perform this type of airdrop, otherwise they open themselves for abuse.


I would like to look at the positive aspects of all this, but it reminds me of that saying that if you are getting something for free, you are the product.

It's true, that amount of money can buy you pretty much anything, but one of the questions is whether they will have enough constraint not to go on the spending spree, given their young age, and the amount of money they managed to scam. All is good as along as you are living just an ordinary life, but when you start buying luxury stuff, it may catch someone's attention. If I have to put my money on the outcome of all this, I would say that they will be caught eventually.


Worst of all, people that lost money this way tend to blame bitcoin, instead of themselves.

They are lazy and incompetent for sure, but then again that's much pretty much standard practice with bounty campaigns, managers taking each other's layout and ocassipnally forgetting to remove some links, like in this case. Doesn't make it right of course.

Regarding MoonCake, it looks like just another DeFi high apy shitcoin with inflated bounty pool, as always. On top of that, team looks fake as fuck so if someone has time to do reverse image search, there might be some results.

At first this weekly increase may sound good and optimistic, but when you check the total amount of merit shared during June which is 10,711 and considering only six days left until end of the month we will most likely reach new all time low (current one is April 2021 with 15551). Then again, that was pretty obvious since last week, that we are heading towards new ATL.

Yep. People tend to think that crypto is some kind of magic money after hearing people getting rich so for them 10% daily ROI through "advanced artificial intelligence systems" seems ok.



Yeah, those two brothers behind this scheme are well known so hopefully they pay the consequences.


https://www.businessinsider.co.za/behind-the-africrypt-bitcoin-exit-scam-allegedly-run-by-south-african-brothers-ameer-cajee-and-raees-cajee-2021-6

This Africrypt is not an actual exchange, but more like one of those ponzi trading platforms that uses "Artifical Inteligence" to bring their investors unrealistically high daily ROI ( I read somewhere that it was something like 10% daily which should have been a huge red flag for anyone thinking about investing. But as we know, people suck at these things.

Few quotes from archived version of their website. Pay attention to when their CEO allegedly learned about bitcoin. By the way, he is 17 years old now

Seeing how everything that can be abused here gets abused, I have no doubts that would happen, no matter how ridiculous just the though of it doing looks now.


Or maybe make it one time thing, just check whoever has xyz amount of good reports and give badges. And then maybe repeat it in 5-10 years, without any announcement of doing so. Some RNG factor like that might discourage those wanting to abuse it.

Damn, nice catch. An obvious case of thread bumping and I would really like to see the way the still manage to sell this service to naive clients that think this kind of promotion actually works.  Gonna update the first post either tonight or tomorrow, as its going to take me some considering  that your identified 20_+ ANN threads.

What's the alternative though? Investing in altcoins from which 99% are pure garbage and most likely end up with the loss due not selling on time?


That was exactly my line of thinking in the late 2013 when I heard about BTC for the first time, like " 1 BTC is ~1000 USD, and since I am only willing to invest 200 USD s can't buy one whole bitcoin, so I should better buy bunch of shitcoins (bought it via eBay lol) and maybe make a fortune" and you can guess how that went. Thank God I didn't make the same mistake when I came back to crypto in 2017.

+1

This seems like an elegant solution if someone feels so strongly about signature campaign applicants not following the rules, and even more noticeable than neutral tag.



Bolded part is not really true, because tag doesn't have to be necessarily negative. Neutral can be used for a wide variety of things, for example tagging shitposters, and I agree with LoyceV when he said in said in his Beginners guide to correct use of the Trust system that neutral tag is underused at the moment.

If people buy bitcoin now, they will make themselves richer in a couple of years.


That's one of the common misconceptions, that if you cant buy bunch of dirt cheap BTC, you are too late. I thought the same after I came back to crypto in 2017 after few years break, contemplating whether to start buying now, or its too late as I couldn't afford 1 whole BTC. Fast forward to 2021, and people still think the same, instead just focusing on getting some BTC, no matter how much and little by little you may own 1 whole BTC. And even if you don't, so what?

Evo taman sam imao 3 merita za podijeliti, pa sto da ne onda tebi. A i ajde se malo aktiviraj kad si vec dosta blizu tog Hero ranka, vidis da se ovdje jako slabo prijavljuje tako da nije da ces nekom uskratiti.

You might wanna read the first post again.



From my very limited trading experience (I was horrendous at it so I simply stopped few years ago) I would say that BTC volatiliy is an advantage to the experienced traders and that volatility is what brought stock traders into crypto after all. Then again, I know IRL very experienced stock trader (30+ years), and he told me that he simply doesn't have nerves for crypto trading, even though he invested some via Grayscale (he is also too afraid to hodl his own BTC lol).

By the way, this topic looks more like a material for Speculation board.

Reason why he keeps opening new threads is simple; either this is alt account of a more experienced member and he knows that Beginners & Help board is generally good for merit farming purposes, or someone told him that's the way to do it.

Either way, he sucks at it as he is too focused on merit system, which is weird (to say the least) for a genuine newbie.

Yep, clear ponzi scheme, and pretty basic one! But as we know, even that is enough for newbies to get scammed, it doesn't have to be some elaborate scheme.

@Leviathan.007 one suggestion, as I see that images you shared have messed up ratio: when you are adjusting image size, it's enough to adjust either height or width, and the other parameter will adjust accordingly. That way you will preserve normal image ratio, so it won't be a little bit "off" like it is now. So in this case, "img width=750" or "img height=700" would do the trick.

Just because something works (If you say so as I never visited that forum) on altcointalk doesn't mean it would work here. This is much bigger forum, and with people having financial incentive to retaliate against each other and long standing feuds. Theoretically, I like the idea of downvoting, but knowing bitcointalk it would be abused. Forum staff is probably aware of that and that's why we won't see something like that implemented anytime soon. Same goes for de-meriting, which was also suggested more times, and would lead to the same thing.