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That exchange got too greedy. I know that a lot of exchanges do wash trading but most of them doesn't get caught because of how careful they are and they only wash trade at a certain limit. Imagine wash trading 99% of the profit of the exchange. Good thing the South Korea authorities are vigilant in this type of things and got this misleading exchange down.
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That's the reason why I use centralized exchange to buy DeFi projects because of this absurdly high fee. With the ongoing run of Ethereum and Bitcoin, I doubt that the price would subside to a tolerable level, though the gas price has gone down as of now. We might have to feel this for another month or so. If you can't handle the fees in trading, better hold on another project.
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Who said that bitcoin is no longer profitable?  Those who always lose on trading because he doesn't know anything about it lol. Keep in mind that some might win but more are losing in trading. That whale only profited because he was smart enough to invest in a dumping phase and sell it high at around $12,000. As of now, Bitcoin is losing price again which means a lot of people who invested around $11,800 lost money. |
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I don't really know the whole story of BitClub scam but I wouldn't trust this project fully since Roger Ver is known to outrageously promote his shitcoin and talkshit Bitcoin. But suddenly he is giving opportunity to Bitcoin holders to get interest. Though this might give a lot of people opportunities to gain passive income from this, it's still good to be vigilant since this might fail anytime.
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What is the point of this thread exactly? You can make a thread like this every few weeks when positions of big stocks changes. Today Bitcoin is bigger than company X, tomorrow a company Y is bigger than Bitcoin. Who cares? No one bases any of their decisions on this kind of information, it's just a little bit of trivia and nothing more.
That's what I've been wandering. It's not like Bitcoin is a company that is being handled by someone. Bitcoin isn't even a stock. He should have compared Bitcoin to other currencies like the USD, EUR, or Pound because that will make more sense. |
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Kawawa yung mga empleyado nila. Dahil sa mga lokong empleyado na yan ang dami nilang pinerwisyo na mga kababayan natin. Ang bait pa ni google kasi binigyan nila ng pagkakataon na itama ang mali pero wala eh, sadyang nasilaw lang tong mga involve. Sa image ni bitcoin naman, nung nagbasa ako ng balita at karamihan sa mga commentors wala naman silang binabanggit about bitcoin.
Feeling ko ay hindi masyadong planado ng mga empleyado na ito at nadamay lang sila sa malaking Fraud duon sa US. Kasi biruin mo naman, malaking halaga ang na scam nila at hindi man lang nila naitago ito ng maigi at ngayon ay hinahanap hanap na sila. Siguro naging parte or naging isang pawn lang sila ng scammer duon sa US. Kawawa tong mga to. |
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malamang mag pull out ang google sa pinas at napakalaking dagok nito sa ekonomiya at mas marami pa ang mawawalan ng trabaho.
Baka hindi ito mangyari kasi kumikita parin ang google dito sa Pilipinas. Sabi nila ay mag pull out lang sila sa current business partner nila at i-ooffer nila sa ibang vendor dito sa Pilipinas. |
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I don't see why tools which monitor application/hardware usage is good enough? Besides if they can developer AI which can detect malicious codes to hijack supercomputer, why limit it to cryptocurrency mining when there are other malicious things (such as stealing information or make server down).
Maybe this is just the first step to it? Maybe they are trying to teach their AIs to detect unusual behaviors that might help them develop an AI to prevent malicious things like you mentioned. But if the hacker is smart enough, attacking supercomputer will be easier if it can't detect a malicious software, he can just set the mining to minimum and since the supercomputer can mine faster I think that would not be noticeable at all.
I agree. Even a small amount of computing power means profit to those hackers. Though this might be trivial to many, this is a huge step to computer experts to understand behaviors and AIs which might help them in future endeavors. Even small things can be useful. Though some might disagree and say "they should have used their resources to other projects that is more important". |
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Just like mining, you are sacrificing your rig to stake coin 24/7. Unlike POW, POS is way cheaper but what makes it pricey is because of how people needs to hold a considerable amount of coin to be able to stake. Let's just say "coin=mining rig" which still needs a large capital but you can sell it way easier than hardware mining rigs. POS is also said to be more secured in 51% attacks than POW but I'm not an expert so I'm not sure.
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Sobrang importante talaga ng section na ito sa mga Pilipino pero the reality here is that lahat ng nabanggit mo ay karamihan sa mga pinoy dito, sa ibang section nakukuha, not to mention na onti ang mga topics dito hindi katulad ng ibang section.
Isa lang naman talaga ang makakabuhay ng local section natin eh, ayun yong Bounty Campaign na pang Local haha. Pag may ganyan, buhay na buhay ang local natin na parang palengke sa Quiapo.
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As expected. Ghost isn't doing any good as of now according to coinmarketcap. McAfee also relies on hype and shill which ghost are lacking, which is I expected him to consider leaving from this project which then he did. He's probably going to invest and shill a DeFi project seeing how they are souring right now.
But he doesn't really have to talkshit though. He isn't really part of the core team of ghost anyway. This just shows how a scumbag he really is.
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There are different kinds of bounty failures right? Examples are ICO failures or a company scamming the bounty hunters. In this case, escrows would be pretty much useless since the token that we would get is useless.
I think the question here is that what kind of compensation would we get from that insurance? Are we going to get the same useless tokens? or are we going to be compensated in Bitcoin? Because if a reputable company somehow does this, the chances are we are going to get quality projects that would most likely pay.
I'd consider this as long as the terms are reasonable to the point that bounty hunters can still profit.
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To be honest, that picture in the first post had be burst laughing  . in the end all will be shit projects. DeFi is just a new way to raise money and after that nothing. the only thing that awaits is a loss for new investors. So take a look and think again when you want to invest in a DeFi project. I really like this new Hype, but to invest is not possible. it's better to be a trader than to invest in one of the DeFi platforms. at this time there are also starting to appear that there are many problems, it is only a matter of waiting for the hype to fade.
The hype will end if these DeFI projects failed to deliver investors expectation so far they have investors trust and many apps attached to DeFi are on the hype let's see after a few months, it will be the next big thing like IEO or it will fade away like what other hypes in the past like ICO but Coingecko and Coinmarketcap already created a dedicated page on this industry so they see it as the next big thing. What really makes DeFi shines compared to other hypes like ICO and IEO is that it is helping a lot of people with their financial needs especially this year of pandemic where in ICO and IEO is solely based on investing. Though I would say that they heed OP's warning since there really are a lot of shitty projects being made right now that doesn't make sense. |
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In this topic, we'll dive into the most common types of scams in the cryptocurrency market, and hopefully, this will protect our readers from unwanted risks.1- Lack of responsibilityOne of the common types of fraud in the cryptocurrency market is the result of negligence. Often this happens due to the low level of responsibility and the lack of strict regulation by the authorities. Although the freedom afforded to entrepreneurs allows them to realize the most daring ideas, it also increases the risk of ignoring business essentials such as control and security. The most famous example of criminal negligence in the crypto industry is the case of Mt. Gox, the platform, is popular in its first market start. However, the lack of knowledge of central finance majors, along with attachments, resulted in the loss of 650,000 BTC case-to-millions of dollars in debt and criminal prosecution of the podium Mark Karbilis. The image appears in the image that appears in the image. SIM card swaSIM card replacement is a popular way to gain access to your valuable encrypted accounts, since most security checks, like email and two-factor authentication, are associated with a mobile phone number.  Thus, on November 14, 2019, the Massachusetts County Courthouse convicted fraudsters who managed to steal more than $ 550,000 of encrypted business accounts by transferring a mobile phone number through the operator from a “broken / lost” SIM card to their newly created account. The victims of the attackers were major cryptocurrency traders and the Bitcoin ATM network. Bounzi EnterprisesGood old-fashioned investment scams, which enrich large investors at the expense of new users, regularly appear in the cryptocurrency market and are very popular, especially in Asia. In December 2019, the organizers of the BitClub mining pool were arrested and charged with fraud, for $ 700 million. The attorney general claimed that he invested in the company's shares in exchange for substantial earnings - the company offered to invest in computing power and in mining, and provided investors with false information about mining income and an unprecedented and promising income.  Falsification of reportsOn June 19, 2020, the US Securities and Exchange Commission (SEC) froze the assets of a private fund investing in digital currencies, which offered investors shares in the company. To attract new investors, the fund falsified financial statements and audit documents, indicating deeply inflated profits. For example, they reported profits of 100.77% and 92.9% for the third and fourth quarter of 2019 rather than admitting that they had already incurred losses. Investors lost tens of millions of dollars. The Securities and Exchange Commission investigation into this case is still ongoing. Better to be safeYes, the cryptocurrency market is very attractive, but it is not called the "Wild West" for no reason - in the absence of regulation it is the best trap for people looking for ways to enrich themselves quickly, including those who want to get rich at your own expense. The times you least expect. Of course, when choosing a company, platform, portfolio, service, partner or fund, you should give preference to full transparency, a positive reputation, and certain guarantees. However, with strict adherence to security measures, the use of extra precautions, and analysis, the cryptocurrency market is still a unique place in the IT industry, where the ability to make fortune through speculation parallels the potential for making the incredible things happen. Translated from: https://www.satoshiat.com/2020/06/crypto-scam-types/ Too bad this content is plagiarized from here https://3commas.io/blog/common-types-of-crypto-scam. |
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New here, but wouldn't it be a safer play to spread the savings over Alternative coins? Despite Bitcoin being the most stable one, this seems to me like putting all of your life savings to buy shares of a single stock.  That is true, but the owner is new to cryptocurrency and probably doesn't see Bitcoin as an investment or a stock but a a life savings that they will sell in probably 20-40 years or so. Well, there are chances that he might come across with other cryptocurrency and invest in them too. From what I'd read so far, Bitcoin is the only thing he is interested right now since he's lost faith in cash. |
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Company na base dito sa Pilipinas? Philippine Digital Asset Exchange or PDAX lang ang alam ko at satingin ko ito ang pinaka magandang crypto trading dito sa Pilipinas, at least in terms of popularity. Personally, hindi ko siya ginagamit kasi Kucoin ang gamit ko pero regulated siya ng BSP. Downside nga lang is onti lang ang pairs niya compared sa international exchanges.
Try mo din coins.ph at coins pro.
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I can see the project is pretty new and yet to gain adoption. How about involving the project in a bounty campaign. It will further increase the global acceptance and attract investors from every part of the world. If you wish to have a bounty campaign, I can manage it for you for a fee fair enough for the project team to afford as a startup project.
As you can see, he is not part of the team but just another shiller, and a bad one at that. He also promotes projects that steals information with a keylogger so I assume that the one his shilling right now is also is scam. No one in their right mind would hire someone like this. I've already checked this project a few weeks ago and it seems that this project was a topic for having multiple announcement thread which violates a rule at a certain degree. |
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how in the world is btc at $12.303,28? https://coinmarketcap.com/currencies/bitcoin/there is nothing ,absolutely nothing to make btc from technical point worth so much ... Nobody is using their btc to buy goods/services ,i know do to fact i am accepting btc and no clients via btc this month ...zero orders via btc. No real liquidity ..people are just hording. I really hope i am not right about what i think it is as we will see btc worth 1-2 usd And ethereum at $429,87 .... Are people that stupid to forget that in March btc was at 8000 usd and eth was at 130 usd .... ? ------------------------------------------------------------- Well if you guys say bitcoin is a "investment" good luck with it...i am out of btc world ...as bitcoin is no longer a currency . Bitcoin is actually being used as a payment for commodities and services in the Philippines (I personally use it). There's also a case of DeFi having a lot of attentions due to the fact that it is helping a lot of people cope with the pandemic. Also, the hype of ETH 2.0 probably helped pump Bitcoin to this price. Not only that, a lot of pro-Bitcoin countries are regulating Bitcoin, for example this and this. |
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They are most likely using this absurd name to create attention to this project, take this article for example. It'll attract investors of course thinking that they could make a quick buck out of this. Though I doubt that this will last long which is why they said that this is just a temporary name and they are probably going to change it once the name became obsolete.
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Of course it's an obvious scam. The good thing here is that moderators are actively deleting this kind of things. Few days ago I saw a similar scheme pertaining to getting "free money" just by signing up and playing a few games.
In the first place, there's no free money here, especially when that type of content is promoted by a newbie account.
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