It takes up a lot of your time and effort to day trade and it is definitely not for beginners. I think the stress gets to a lot of these traders in the long run and it is not enjoyable and fun anymore. Alt coin trading is a pure gamble, because a lot of these tokens or coins are based on speculation and it has no use case.

It will do well in the beginning and then it will just fade away over time. You are just lucky if you invested in a coin with some short-term gains. 

You are not thinking straight. You are opening yourself up to a lot of harm, because you are giving out way too much personal information on a forum full of scammers. The scammer <not everyone on the forum> will use that information to track you down and to get to those coins. <It is worth about $46,260 at today's price>

There are some very knowledgeable people on this forum, with a very good reputation like DannyHamilton --> https://bitcointalk.org/index.php?action=profile;u=60820 that would give you genuine information. Send him a private PM and ask him if he would be willing to help you.  

Sorry for your loss.

Ps.. If this is a scam, you will seriously regret it, because the people will pull you apart.

You do not constantly need to solve two Captchas to get the free Satoshi, the Captcha system just ask you to do that now and again to mix things up and/or when you fail to resolve it on the first attempt.  

I use the Captcha system every day for several different things and it is not a regular thing that you have to solve two or more Captchas to proceed.

A more simple verification system will also be very easy to exploit by bots, so it is a good protection measure to stop these bots.  

I think they have a problem with his criminal background and his snake oil salesman behavior, when it comes to Bitcoin Cash. He also left his country of origin, because he blamed his government for all his mistakes. 

Once you get labelled as a scammer, that reputation will stick to you like shit sticks to a wool blanket. Roger Ver also has some strong ties with Anarchist groups in the past and that would raise some red flags with many foreign governments. 

They are just protecting their citizens from people with a bad history. 

Yes, and you should also not forget that the person already feel like he/she burnt their fingers with their Bitcoin investment, so they will be hesitant to drop more money into something and potentially lose more money, if it goes to zero.

So it is easy to stand on the outside and to criticize them, because most of us would have reacted in the same way. It takes a lot of courage to get back onto a horse, once you have fallen off. The people who had the courage to do this at $3000 was very well rewarded for taking that risk. 

Zuckerberg is not untouchable, his organization have to adhere to many other rules and regulations and if he launch something that the government would disagree with, the government would find something else to pinch him. <Environmental requirements and/or licenses and/or anti-competitive requirements or something to do with his labor force and taxes.>   

You cannot go up against the government and expect no push back in the long run, they are just too powerful and they make the laws and determine the rules for your business. 

Zuckerberg did not deserve this treatment, because the people he spoke to, obviously had no clue what they were talking about. 

The 51% attack are not actually a threat in Bitcoin, because you need an enormous amount of hashing power to pull it off and it would have been more profitable to just use that hashing power to mine some bitcoins instead. This is not true for some of the smaller Alt coins, because they have a lot less hashing power and gaining more than 51% would be much easier and cheaper to achieve. 

Also remember, if you manage to pull this off... then you would effectively destroy the value of the token on that Blockchain, because nobody would want to hold tokens that would be vulnerable to 51% attacks. <People will dump coins and the price will drop to zero> 

+1 for your signature campaign, because you basically just repeated what I said and added nothing to this conversation.   When there is a discussion like this, you try to add something different to the discussion and not something that you read in previous posts.

I should just report your post as Sig spam and be done with it, because I cannot see how you get paid for repeating what other people have said.  


Here we go again, same story... rinse and repeat! Cmon guys, be creative and post something original and something constructive that would add value to the discussion.  

The simple way to explain this is that it is a chain of transactions that are added to a decentralized database. In the Banking system the Bank use a centralized <private> database/ledger that only they can access to record all the transactions that are done by their customers, but in Bitcoin you do not have a centralized database that are managed by a single entity.

So Satoshi Nakamoto wrote a protocol <software> that enables 1000s of people to store a decentralized <ledger> of all transactions that are done with the Bitcoin tokens and this is recorded on the Blockchain. <It is basically immutable, because nobody can change anything, once it is added to the Blockchain.... well without them deciding as a collective to rollback.>  

Yes, it is always a good idea to remind people about this type of attack and to highlight the most recent ones that are doing the rounds.    People have a very short memory and they are bombarded with many different attacks, so a reminder will not hurt anyone.

A good habit will always be not to "click" on any links that are provided in any email and to rather type the address of the websites and services you use on the Internet. <Also do not use the auto complete feature, because hackers have even exploited that in the past>

Thank you OP for reminding us.  

A government controlled "digital" currency is centralized and not even close to a open, decentralized technology like Bitcoin. One of the main concerns with a "digital" currency in China is the fact that China would ban all other Crypto currencies to force their own citizens to use their own centralized currency.

It is clear that China only created this "Digital" currency, because they want to track their citizens wealth and spending habits. So this is just another "Firewall" type experiment to control their own citizens. 

Let's not blame Bitcoin for the limitations and restrictions that Banks are creating for Bitcoin.     Banks and corrupt governments will go out of their way to make Bitcoin use impossible and we have seen how legislation are used to slow Bitcoin down. I said "slow it down" on purpose, because you cannot stop it. 

Electricity might be a problem, but when it is available, people should charge their phones and do the transactions when the phones are charged. People in Africa has been doing this with M-Pesa for years and they find ways to manage this limitation. < They use generators, small solar panels etc.> 

Remember, many of the recent people that bought Bitcoin has done this simply as speculators. These people could care less about Bitcoin being used as a currency, because in their countries, Bitcoin is defined as a Commodity and people are supposed to trade commodities. 

In a lot of countries Bitcoin is not accepted as a currency and many people are simply using it as a alternative payment option, like you would use something like PayPal or your Diner's Club card.    <Most people use Payment processors to legitimize eCommerce with Bitcoin, because it is simply another method to use fiat after it was converted.> 

The Institutional capital injection would possibly push up the price and these speculators will rejoice when that happens, because they can sell at a large profit. 

You are 100% wrong! A lot of my friends bought in January 2019 at $3000+ and they sold at a good profit in June 2019 and also recently when the price went to $8000+

The common mistake people make, is for people to buy at a all-time-high and then not to keep on buying when the price drop. Yes, you lose money when you sell those coins that you bought at the all-time-high, if the price do not recover or exceed the buy in price, but you win, when you buy again when the price is very low and you sell at a profit.

We always say, "Buy the Dip" but a lot of people are greedy and they dive in when the price is at a all-time-high.    <Then they blame Bitcoin for their losses when they sell too quickly.> 

Yes, and people accept this, because it happens often and most of the posts are not generic responses.    A simple post will not convince anyone that the daily wins are genuine or legit and the same goes for the coming Lambo draw, but it is a good gesture from the site to attempt to provide some option for the winners to give some feedback.  

The site offers them the opportunity to share their feedback and it is up to them to do it. It is not a forced option, but rather some effort to show people that the site is legit. <I compare this to the comment section for articles that are posted on websites, because it gives the users an opportunity to debate the article or to discuss the facts that are presented. Imagine if someone just posted a FUD article and you do not have a comment section to counter this.... believe me it happens a lot.>  

               ----<<< Read this, before you simply repeat the same things that has been said in previous posts >>>----

Looking at most of the responses, I can see that there are still a lot of people who absolutely trust their Banks.    We have seen several instances all over the world, where Banks dipped into people's savings and where Banks went bankrupt and only a small percentage of people's deposits were paid back to them. <I know of one Banks where the people got 5 cents for every $1 deposited at the Bank>

The insurance does not pay these Banks for all their losses when they fail, so let's just get real for one moment. When there are a Bank rush, the Banks simply close their doors and block withdrawals from their ATM's.  

So, for those who wants to feel "safe" with Banks, good luck to you.  

The fact of the matter is, Bitcoin presents us with multiple opportunities to make some very good profits and it depends on you, on how much risk you want to take to grab that opportunity. <Do not risk it all, because that would just be stupid>

Also, use a small percentage of all the coins you buy, because we have to support the merchant network that supports Bitcoin.  

              ----<<< Read this, before you simply repeat the same things that has been said in previous posts >>>----

Bitcoin is the currency for the people, so the people decides what services they need to use to make the experience more convenient and safe for them. Exchanges are a perfect example of that, because they came into existence, when some people wanted to trade in Bitcoin in a more regulated environment.

Yes, Bitcoin is supposed to replace all these centralized services, but there are still some people who wants the safety net of third party services. The community has created several intermediary services, like Escrow services and Payment processors to offer them some additional protection against these scams, but none of these services are guaranteed to be 100% safe.

Bitcoin is all about choices and alternatives and you decide what you want. 

Agreed.    I have friends in the same situation and you know what, they bought more coins at a price of $3000 at the beginning of this year and they slashed the losses when they made a profit, when they sold at $12 000+ in June.  

Why some people are missing the point of short-term profits are beyond me.   You do not have to day-trade to get those profits, just buy some coins and hold it for a while... eventually you will get some profit.  

The USD might be stable, but it lost over 95% of it's value over time.    < 97.5% according to the Bureau of Labor statistics >

Cameron Winklevoss just highlights the fact that there is no need for people to sit on negative yielding Bonds, if they can risk some of that investment in something with a higher risk in the form of Bitcoin.

I think if most people just hoarded their coins for some years, they would see a significant profit, but people tend to panic, when there is a drop in the price and then they lose some money when they sell too early. 

Take a chance and invest some of that money into something with a higher risk, but the potential for a much higher profit. 

I have a very balanced portfolio based on low/medium and high risk investments.    I never said it is stupid to leave some money in a low interest savings deposit, because some people cannot afford to take higher risks than that.  

I think it might be good for some of those people to consider how safe it is to loan your money to a Bank and then not to beat inflation with that investment.    Take some of that money and risk it in something that might yield a lot more profit than that money in the Bank.

There are a lot of high risk investments out there, but you will find it hard to find something that has shown the same kind of profits, than what Bitcoin has given since 2009.     <Look at the bigger picture over the long-term>  


Government Bonds does not guarantee profits.. <--- https://bitcointalk.org/index.php?topic=5193899.0