Bitcoin Forum
May 24, 2024, 12:50:51 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 [26] 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 »
501  Economy / Economics / Re: Why people are still buying BTC? on: August 16, 2018, 04:45:09 PM
People are still buying bitcoins because they are so cheap! The price is going to skyrocket again any time now, BUY BUY BUY!
People are buying bitcoin because the high profit you get. Bitcoin now is dip that's why people are interested to buy and start to hold and invest and wait for increasing. We know that value of bitcoin is increasing like skyrocket that's why many investors continues buying bitcoin because of the profit they get.
502  Economy / Economics / Re: why do people agree to pay taxes? on: August 16, 2018, 04:01:04 PM
Paying Taxes is the reason we are getting Health services, Law enforcement, Clean streets and parks, Great Infrastructure.

Government need money to provide us a better place to live that's why they force us to pay taxes.
Yes the government get taxes from there people to provide all the expenses for enforcement, health services and other needs for there country,  I think no one are exempted in paying taxes and even a regular employee need to pay tax.
503  Economy / Economics / Re: My Advice on Investing in Crypto on: August 15, 2018, 01:56:07 PM
Investing our money in cryptocurrency is profitable as long we can hold it. If we want to make short investment, we should have knowledge about technical analysis but i am prefer to holding and treat it as long term investment.
Investing our money in cryptocurrency are good choice cause it is profitable but we need knowledge on how it works in the market. It's better to choose long term investment cause your investment here it will be grow in high profitable income than short term investment
504  Economy / Games and rounds / Re: [DAILY FREE RAFFLE] 84th JUST BECAUSE I AM STILL IN A GOOD MOOD BITCOIN COIN on: August 15, 2018, 12:56:07 PM
C -  jake zyrus
505  Economy / Games and rounds / Re: [DAILY FREE RAFFLE] 83rd JUST BECAUSE I AM STILL IN A GOOD MOOD BITCOIN COIN on: August 14, 2018, 02:45:32 PM
A
506  Economy / Economics / Re: Does engaging with bitcoins put you at risk? on: August 10, 2018, 07:51:38 PM
Of course it does.
No such thing as good profit without risk, it is what makes it "instant" compared to traditional working.
Though you can always minimize that with adequate knowledge and strategizing.
I agree in your opinion joining in investing in bitcoin is good choice but there is a risk if you want to earn more profit cause it is not an ordinary work and income can you get easily,  joining here you need lot's of knowledge and strategy on how you can get more profit in your investment. Investing in bitcoin you need be calm and patients to wait cause the price value of bitcoin is unstable and if you want to earn more profit you wait until the price is going up . The risk of bitcoin is the price value is unstable.
507  Economy / Economics / Re: Which one do you prefer?Increase your Bitcoin or ِDollar? on: August 10, 2018, 06:11:39 PM
In Trading, there are two categories of people, those who want to increase their bitcoin volume, and those who want to increase their dollar volume. Which one do you prefer?Why?
Well for me I choose to increase my bitcoin cause if the price value of bitcoin got increase and I convert it into fiat currency by some digital exchange I can get more dollars. More bitcoin to invest more dollars you can gain.
508  Economy / Economics / Re: Cryptocurrency on: August 10, 2018, 05:28:40 PM
I dont think so , cause now there are some people who do not know how to process it and for the people who are lack of knowledge about it so i dont think it will happen.
Yes not all people are known about in cryptocurrency especially in rural area or some area are not civilized and no internet they didn't know about in cryptocurrency. People there are lack of knowledge about in cryptocurrency. Yes you are right we don't think if it happens.
509  Economy / Economics / Re: How to manage the risk in investing cryptocurrency? on: August 10, 2018, 04:57:48 PM
Any kind of investment is a risk so before doing it be sure you have the courage to face the consequences what will happen to your money be sure to check all the details and the background of the project you want to invest with to avoid losing your money.
Yes in every investing have risk and before you join in investing you need knowledge cause you know how to handle the risk and you know also on what happen on your investment. It's better to check the details of project that you want to invest to avoid lose your money.
510  Economy / Economics / Re: Is NOW the best time to buy or enter in bitcoin? on: August 10, 2018, 04:10:43 PM
The best time to buy was several years ago. The second best time is now.
Yes this time is the right time to buy bitcoin and start to involve in investing in bitcoin. Investing in bitcoin is good choice especially you choose in long term investment cause in this kind of investment you will gain high profit. We know that price value of bitcoin now is decreasing and we need to patiently to wait and waiting is worth it cause it give you big profit.
511  Economy / Economics / Re: Why everyone only invest in the crypto market? on: August 10, 2018, 01:54:56 PM
I think because it is the very popular now when it comes on investing and the government don't know how to put tax on it that is why many people want to invest in crypto and one thing the investors see that they can generate a lot of profit in crypto and it is very attractive.
Cryptocurrency is very popular in comes of investing because the profits you can get and no added tax from the government that's why many investors attracts to invest in cryptocurrency . Investing in cryptocurrency are good choice cause it gives high profitable income.
512  Economy / Games and rounds / Re: [DAILY FREE RAFFLE] 81st JUST BECAUSE I AM STILL IN A GOOD MOOD BITCOIN COIN on: August 10, 2018, 12:35:20 PM
5 sir please
513  Bitcoin / Bitcoin Discussion / Re: Everyone is free to use Bitcoin as they want on: August 10, 2018, 05:50:56 AM
There are no restrictions. It only depends how you handle your bitcoin.
You are right there is no restrictions how we use our bitcoin but we need to think if it useful or not. For me I used my bitcoin in important and valueble things, I used it to my investment in bitcoin and to help my family needs.
514  Economy / Economics / Re: How did Crypto help you out? on: August 10, 2018, 04:51:36 AM
It really helps me a lot. Actually it changed my life because way back then, I cant even make money by myself until I figured out bitcoin, I was so happy because I can make money now very easy and fast.
That's true bitcoin gives me opportunity to earn more profit it helps me a lot especially in my financial problems it give me hope, before my life so miserable lot's of debits and loan until I met bitcoin. Bitcoin teach me to invest and to earn and now my life change it become better and successful. I am so thankful to bitcoin cause it give me high profit in my investment.
515  Economy / Economics / Re: What is the best Cryptocurrency to Invest? on: August 09, 2018, 01:48:36 PM
I think Bitcoin is still the best coin to invest. Bitcoin has proven to us all that Bitcoin has made successful its investors last year. and now the bitcoin prices are falling, I think this is a great time to invest Bitcoin.
For me the best investment is bitcoin. We see the prove that bitcoin is always on top value even they always have risk but many investors choose to invest in bitcoin. That's why so many investors got successful in investing in bitcoin last year. Yes you are right this time is perfect time to buy bitcoin cause the value is dip this is the perfect time to invest in bitcoin.
516  Other / Archival / Re: EDUCATING PEOPLE ABOUT CRYPTOCURRENCY on: August 08, 2018, 11:25:42 AM
Education is the key to many success. Many of us here are trying all we can to understand this complex technology but I tell you, it is never easy when you are doing it alone without any guidelines from an experienced person. I think the easier it is for people to be educated about cryptocurrencies, the more the people all over the world will understand and accept it.
Yes you are correct education is the key of success of one person. That's why teaching people about cryptocurrency is a good idea. It is good to share some information and give them guidelines about in cryptocurrency I think they easily educated and understand the true meaning of bitcoin the more people have knowledge in cryptocurrency the more countries accept it.
517  Bitcoin / Bitcoin Discussion / Re: Don't worry, Bitcoin will be fine. on: August 08, 2018, 10:03:31 AM
Yes bitcoin it will be fine. And don't panic, bitcoin will raise up again. And if you want to buy bitcoin again now is the best time to buy . Then you can sell it when the price is up
Yes, bitcoin will be recover and it will be fine and don't be panic be calm, we know that bitcoin now is down but this is only temporary cause bitcoin will rise up and give us big profits in our investment. If you want to invest in bitcoin this is the right time yo buy cause the value is dip and hold it and wait the perfect time to sell it.
518  Bitcoin / Bitcoin Discussion / Re: Bitcoin investments? on: August 03, 2018, 02:44:15 PM
If you decide to invest in BTC is a smart choice, now the crypto market, only the BTC is growing, while the other coin drops continuously, so I think we choose the BTC is good. Best.
Yes bitcoin always on top value even they always facing the trials bitcoin always rise and give us good profit in our investment. Investing in bitcoin is good choice cause the value continues increasing.  Bitcoin is best investment in future. Bitcoin is always on top value than other coins
519  Other / Beginners & Help / Re: HOW TO protect yourself from Scammers on: August 03, 2018, 02:09:47 PM
I was making a list for my team on how to stay away from Crypto scammers, and thought I would just share it here as well.

Here are the type of Crypto scammers that I have encountered

Type 1. ICO as a SCAM - (More info contributed by: tosindesign)
There are ICOs that are only designed to get your money. Once the ICO is over then the pages are taken off the net and the makers of the ICO disappear with the money. The last case we reported was LoopX, but this is not the only case.

How can you protect yourself?
1. (by: tosindesign) Generally there is no 100% protection here. A good indication for a scam is there is no team mentioned on the website or whitepaper. Although everything is very superficial and promised a lot, but after reading the white paper is not clear how that should be possible.
2. (by: GeckoTrader) One of the best things to do to avoid ICO scamming is to learn and back read all information about that ICO. As they always say " More knowledge is power"
3. (by: GeckoTrader) The team should have been communicating to the community.
4. (by: GeckoTrader) Always they should have an update from their company. If you sense something fishy do not hesitate to ask question from them. In that means you can confirm whether they are legit or just a bunch of scammers.

Type 2. Scammers who sell FAKE COINS (name / coin code is same but coin generating contract is different)
How to protect yourself: Check the contract address of these coins, if it came from the same contract address

Type 3. Social media scammers - Would post like "I will send you 50 ETH if you send me 5"
How to protect yourself: This is an easy one, they all are scammers. Dont even respond.

Type 4: Identity theft scammers - These guys will contact you as CEOs of ICOs or Social celebrities, usually banking upon the names of a famous person
How to protect yourself: Try pinging them from an another ID of theirs (say if scammer pinged you from Telegram, drop them a message over their facebook ID) and ask them to check that message. This would work as a Two-Factor-Authentication for that personality.

Type 5: Malicious code Trojans - Like Wordpress or Chrome plugins, that would use your machine to mine for crypto currencies, using your machine for the same
How to protect yourself: Try not to do plugins or replace them with cloud powered services, OR, Install only trusted plugins, with loads of reviews maybe. I wont be surprised if these trojans take shape of free downloadable games or cracked softwares downloadable for desktop or your mobile.

Type 6: Online Seed Generators (contributed by: tosindesign)
For some wallets (eg the IOTA Wallet) you have to set your own seed. In the case of IOTA, this is an 81-digit password that must consist of uppercase letters and at least one 9. Since some did not want to generate a password themselves, they resorted to online seed generators. These generate you by mouse click an 81-digit seed. However, as it turns out later, a few of these seed generators also stored the generated passwords, The stored seeds were then later used to steal the assets of the investors concerned. You have to know that the seed is something like the master key that allows all credits to be transferred. A thief does not even have to have access to your computer on which the wallet is installed. The seed is enough to access your balance on another computer.

How can you protect yourself?
Never use an online seed generator! When generating an 81-digit seed, all you have to do is push 81 random keys on your keyboard.

Type 7: Phishing website attempts (contributed by: tosindesign)
Scammers would copy exact replica of the websites (wallets, exchanges) and try to get you to login, thereby recording you password. For example, the page Blockchain.info was copied to get the logins. You have to know that Blockchain.info also offers a wallet service where Wallet could save your bitcoins. If Google users searched for “Blockchain info” in some countries, they ran a Google ad that led to Blockchaina.info, a cheat site that has nothing to do with Blockchain.info. The site was a 1: 1 copy of Blockchain.info and was only designed to get login information from users. There are also similar attempts to MyEtherwallet.com and other sites.

How can you protect yourself?
Never click anywhere on a link to a page where you want to log in. The best way is to bookmark the pages and just go over the web pages. In addition, you should always look for the SSL encryption. There will not be a page that stores important data from you and is located at http: //. All pages should now be encrypted SSL and have a https: // domain (although the pages can also be accessed at http: // they will redirect to https: //). The SSL certificates will also show you every browser, for example by a small lock symbol.


Type 9: Used Ledger Nano (contributed by: tosindesign)
At ebay and in other marketplaces there are always offers to buy the Ledger Nano a bit cheaper. This is particularly interesting now, where the Ledger Nano S is sold out and will be available again in one month. There have been cases in the past when users bought a used ledger on ebay and the seed from the ledger was already filled out. Anyone who has not owned a ledger to date will hardly register the difference. Of course, the previous owners have also noted the seed in these cases, which then allows them to get access to the crypto currencies that the new owner stores on the Ledger Nano S.  

How can you protect yourself?
If you want to use a hardware wallet like the Ledger Nano S, buy it directly from the manufacturer and make sure that it is still original packed. The enclosed note on which you can write down the seed should never be filled.

Type 10: Airdrops that ask for personal information (contributed by: StarKay)
There are hyped up airdrops that may ask for KYC information, that may end up being used by scammers / hackers.

How to protect yourself:
Think of your personal information as an investment as well. Research who you are giving your information to and why that ICO will need it

Type 11: Identity theft via Social Media - (contributed by: darkangel11)
You have to realize what they want from you. In the end it's always your money, while in the process they may want some personal data, a phone number, whatever they can get into.

How to protect yourself: Never willingly give anything. Don't share your real social media accounts with random people, keep your email addresses to yourself and if you have to use them make sure to have burner emails. What are burners? Not necessarily emails created for every forum and project. Just emails that don't contain your personal data and that you're not using for online shopping, banking and so on.

Please add more below, or share your story.
Its nice to see that people like you would share some information like this to help others. Thats the point , we need to have this kind of knowledge so we will be aware of everything especially on scammers which is common nowadays. Beginners must know this so that they are able to avoid scammers .
520  Bitcoin / Bitcoin Discussion / Re: Newbies to Bitcoin can be dangerous! on: August 03, 2018, 12:35:40 PM
I have run into several Bitcoin "newbies" over the last couple of months, that are spreading the wrong information on forums and/or in person. Their intentions is good, but the results is bad, because they did not do proper research.

Some of these people are selling themselves as experts, because they have been in the scene for a few months. I have been in the scene for years and I still know very little about EVERY aspect of this technology.

I think you should rather admit it, when you do not know something about the technology, than selling your little knowledge as facts. I will regularly tell people that I am not clued up with every aspect of this technology, but I always try to do proper research, when I encounter something that I am not 100% clued up on.

~ Ask, if you not sure.
~ Do not lie, if you are unsure.
~ Do proper research, before you educate other people.
~ Accept that you will not know it all.
~ Fact check what you already know.
~ Do not argue, if you not sure about your facts.

Let's agree that we all learn something new about this great technology almost every day, so only a small amount of us are experts.  Wink
Not all of them tho. Yes some of newbies can be dangerous to bitcoin since some of them are spreading false information about bitcoin. They dont any idea on investing or even on how are they going to manage their bitcoin. Well they continue on learning but some of them need a guidance and tips like this. Lets just help them and guide so they can be better.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 [26] 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!