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5481  Other / Beginners & Help / Re: Is bitumb.com trustworthy? on: September 03, 2019, 07:06:21 PM
Any platform be it exchange, investment or gambling site that requires you to make certain deposit before you can withdraw your won prize or help another user withdraw funds are 99.9% times scam. Stay away from such sites.

Here's a thread discussing related experience although with different site. A new ways to scam and steal your money (be aware) scammers come up with different techniques (cover story) but the end motivate is for you to deposit your BTC (fund) so it can be stolen. Be safe.

Also found this: [Scam Alert] https://bitshumb.com/ Discord 'btc give-away' phishing scam
5482  Other / Beginners & Help / Re: How can I earn $1 worth of bitcoin everyday? Please help! on: September 03, 2019, 06:52:07 PM
Can't tell you how to earn from faucet daily because to my understanding that's just a waste of your time (time is money) although I can drop my advice on how best to profit from the currency (bitcoin). Go get a real life job, recieve salary and invest into bitcoin. The time you would waste solving puzzle online, invest that time into sometimes else like real jobs.

Let say you were to earn $30 monthly if you can find this dream faucet that pays you $1 daily. When you consider the cost of electricity, internet charges, phone/laptop maintenance, withdrawal fees etc you would had ended up with far less than that $30 but with a real job I'm sure you can work something out for yourself and even earn more to have spare to invest into bitcoin even if it requires working multiple jobs.
5483  Other / Meta / Re: How much full, sr, hero, Legendary member are in [BITCOINTALK]? on: September 03, 2019, 01:34:04 PM
A lot of recent as well as previous ranked member has zero knowledge on bitcoin. It's annoying to see people with zero knowledge on bitcoin is also growing up to the next rank, even with the new rank system "merit". What will be your answer if someone newbie ask you for technical support but you can't assist him because you don't know even though you are a Hero/ Legendary member?

Don't go hating because they're were you dream to be. This is a forum, we're all here to learn. What you don't know you leave for others would do instead of trying to help but end up passing on a wrong information. We have different topic been discussed on the forum so technically everyone doesn't have to know everything about bitcoin before him or her can rank up. If that was the criteria then what will the average human do? Just understanding the procedure to send, recieve and secure your wallet is enough to become a bitcoin user why then that of the forum should be different. You don't have to be a bitcoin genius to advance in the forum and that's a good thing. The forum only demand the ability to post quality threads.

If a hero/legendary member can direct you to the right source to get the right answer/help or information you need, I believe that's a fair knowledge then demanding the technical knowledge you speak of. Having that knowledge is just a bonus and nothing more.
5484  Economy / Exchanges / Re: Advice needed on which exchange to use to buy Bitcoin on: September 02, 2019, 05:00:50 AM
Although I've read a bit about Bitcoin and bought a hardware wallet, I'm a complete newbie and I was wondering if anyone could advise on which exchange is best for buying Bitcoin.
For a beginner it is always a good choice to prefer localbitcoins for buying bitcoin. It gives you different modes of payment access, and can buy from the trader who is over your region or the one with whom you find comfortable. When days pass slowly you can find yourself good with different exchanges in buying and selling of bitcoin.

I won't recommend this to any newbie, Localbitcoin has so many scam accusation that I won't want a newbie to start his/her cryptocurrency experience, by first encountering scam. This exchange is a peer2peer exchange that means most of these scam reported cases, the exchange has little or no control over it. Although the community discourage use of centralized exchange, as a newbie it's ok to first rely on them for a safe and quick transaction although don't store your coins on the exchange as any bitcoin you don't have control over the private key that isn't your bitcoin.

Now when you have gotten some experience and have time to research, I recommend you do some research on Non-custodial exchanges like ShapeShift that support hardware wallet and use those for future buying and selling as they're more safer than centralized exchange.
5485  Other / Beginners & Help / Don't put your full trust on exchanges regarding scam projects. on: August 25, 2019, 04:10:24 AM
Welcome to my thread, I'll be putting some emphasis on not trusting an exchange to prevent you from investing in scam projects that'll surely result to you losing your funds. Exchanges {most especially centralized ones) have slowly won the trust of member newbies, they now relay solely on these exchange listing decisions to make conclusion on which projects aren't or are scam, basing their judgement on just the tradable privilege of the tokens. Without further researches, newbies now come to a conclusion, "If a coin is listed on an exchange (most especially reputed ones), The project isn't a scam and such project is worth their investment either through trading or holding" and this shouldn't be the case. We have incidents in the past and we'll have move in the future involving exchanges listing worthless scam related tokens either knowingly or unknowingly. The big reputed exchanges are also guilty of this crime therefore, trust no exchange.

Most (if not all) exchange aren't interested in the safety of your funds as you assume, they're only after their profit, don't relay on just the fact a project's coin or token is tradable that make it a legitimate project to invest in. Learn to carryout more research, don't put your trust on exchange to prevent you from losing your funds to scam projects.

Some of the useful links to carrying out this research includes;

Use this link above and Google is always at your service for more research. Thank you for your time.
5486  Alternate cryptocurrencies / Altcoin Discussion / ChainShift to Binance - Instant migration from Ethereum blockchain to Binance's on: April 26, 2019, 05:21:22 AM
 

It's about to happen guys, one of the Projects I picked interest in to invest is developing something that'll change the Altcoin industry for good, it goes like this;

The MoneyToken team has developed ChainShift — a service available at chain-shift.com that allows crypto holders to switch to the Binance Chain for projects with ERC-20 tokens.

The ChainShift service allows any user to freeze ERC-20 tokens and get the same quantity or the same token on a Binance Chain address.

To enable users to convert their ERC-20 tokens to the Binance Chain every project is required to apply for listing at ChainShift, define their allocation for Binance Chain and pass a smart contract audit.

Projects will also be required to place a security deposit in IMT tokens to list their tokens on ChainShift and provide the possibility of cross-chain swap between ERC-20 and BEP2 to their users.
ChainShift allows for partial blockchain switching - this means projects with ERC-20 tokens don't need to completely migrate from Ethereum to Binance Chain, but can let users decide how many tokens they need on the Binance chain, and to stay flexible in terms of maximum allocations.

This way projects can be listed on Binance DEX but keep their listings and volume on other ERC-20 decentralized and centralized exchanges. Its also opens opportunities for arbitrage between Binance DEX and other exchanges.

“When we listed BNB as a collateral token on the MoneyToken platform we immediately started seeing more demands from our community and business clients for help with Binance Chain migration, so the team worked really hard to come up with extremely fast and flexible solution.”
Jerome MacGillivray, co-founder of MoneyToken

Right now ChainShift is available as a beta at chain-shift.com working with the Binance testnet.
Source: https://medium.com/@moneytoken/Chainshift-to-binance-instant-migration-from-ethereum-blockchain-to-binance-chain-is-here-e0ad40d7aee3
5487  Other / Beginners & Help / Re: What is segwit on: April 25, 2019, 01:44:34 PM
Read through this article you'll understand what segwit is,
SegWit is the process by which the block size limit on a blockchain is increased by removing signature data from Bitcoin transactions. When certain parts of a transaction are removed, this frees up space or capacity to add more transactions to the chain.Segregate means to separate, and Witnesses are the transaction signatures. Hence, Segregated Witness in short, means to separate transaction signatures.
5488  Other / Beginners & Help / Re: Newbie Investors Be Ok With Taking Calculated Risks. on: April 23, 2019, 09:57:18 AM
There's a saying that goes like this "invest only what you're willing to lose" in other words, invest with your spare money. When you do such, the possibility of your emoting affecting your decision will be reduced. As newbie investing in cryptocurrency should be based on knowing what you want as that's one of the ways of taking a calculated risk. Some newbies don't know what they want they just jump right into investing in bitcoin & Altcoin then fomo or fud at the smallest news they hear.
5489  Alternate cryptocurrencies / Altcoin Discussion / 5 alternative coins to invest now for 2020 on: April 22, 2019, 06:21:18 PM
I already have enough bitcoin but I want to expend my asset holdings into Altcoin. Now I'm a newbie and have no experience but that doesn't mean i will jump right into buying your suggested coins. I will do more research but I need guidance on the coins to look into that's why I started this thread. I'm interested in privacy, gambling and currency coins

I'll be spending more time on the alternative board now, hope I'm welcome.
5490  Economy / Economics / What triggered the sudden rise in bitcoin price? on: April 04, 2019, 01:05:19 AM
Just notice my bitcoin in my wallet have increase in value but I can't find any major news after doing some research that must have triggered that price rise then remembered I have an account on BCT-talk. I have not been following up with latest news as my work is eating up most of my time but I have some decent amount of bitcoin and don't want to be left in the dark. Anyone with an idea what triggered the sudden price spike.
5491  Other / Meta / This is not fair, moderator deleted my post. on: February 18, 2019, 10:01:15 PM
I notice we can complain issues relating to the forum on this board. I saw a message from Bitcoin Forum Guest that my post was deleted, it said
Quote from: Bitcoin Forum
A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.

Here was my post that was deleted
Quote
Do not believe every article you see online, most of them are paid article to me Initiative Q is totally a confused company and I don't think their project will survive in such a competitive market like cryptocurrency. They can't be the next bitcoin in fact we would not have another BTC

Here is the topic it was deleted from:
Will Initiative Q be the New Bitcoin? Link: https://bitcointalk.org/index.php?topic=5064438.0

Examing my reply, the post and other posters reply I do not think it was off topic but why moderator have to delete mine, is it because I was against the company?
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