Think on the coins like they would be gold, or shares or something like that. Banks don't accept (yet?) that directly.
It's even worse, some banks don't like to receive money from exchanges and may make you headaches.

Some directions I advise:
* Exchange smaller amounts at a time and see how it goes. There are decentralized exchanges, there are centralized exchanges (but they need KYC), there is even the in-person option or bitcoin ATMs (although the last have rather big fees).
* Something people didn't advise on this topic, but imho it's a direction worth thinking about are crypto cards. Many are available in UK. You need to provide KYC and stay legal, but you'll get a Visa or Mastercard you send crypto (top up) now and then and spend with the normal expenses or withdraw at ATM. There are many providers, different fees, you'll have to choose one that fits you better.

You are right; I've missed quite some of the risks of mining. But I was referring though to financial risks. At least that was my main point/idea.
Imho if all is calculated good and electricity price is small, the miner will be earning some money; sometimes more, sometimes less. On the other hand, at HODL, with the huge price fluctuations, with FUD, one can easily get to buy high and sell low.
But I've corrected: both are risky in a way or another.

I'm surprised to be "forgotten". At least for now.


The best part there is imho that he's no longer DT. So his retaliatory feedback is also worthless.
I'd hope that sooner or later the list of users trusting him will get smaller though.


Somebody evil enough could get probably scam - sooner or later - more than 1BTC with such an account. But it's difficult. He would have to have your knowledge (at least partly) and imitate your writing style [imho at least in the case of your account is nearly impossible to have both of these]. And start involving into businesses, maybe escrow too, even if not scamming from start. When, at some point, enough money is on this guy's hand, he can run with them. But yeah, it's more a hypothetical case than something realistically possible to happen.

Suna foarte bine. Multumesc de clarificari.
Recomand sa puneti asemenea informatii si pe site. S-ar putea sa ajute.
Mult noroc!

Since the one who wants to sell hash rate wants to earn too, the buyer can easily end up not really earning anything from cloud mining (or even losing money).
Also the huge majority of cloud mining sites are plain scam.


All in all, cloud mining got a bad name and it may not worth spend time with it - neither as seller, nor as buyer.
Sorry.

I was thinking...
Can it be some sort of payback? Maybe somebody who got negative feedback or arguments in the past may have hacked the password and instead of risking to change it decided to ruin the account? I mean, 1BTC is indeed an unrealistically high price. And somebody that old should know to not trade it like this.

As said, you need to have some skills you should use best in order to earn for real.

If you just ask for a job / ideas, you'll be told about faucets (basically a waste of time) or cloud mining (basically scam), or hyip (certainly scam) hence you will most probably lose (time or money) instead of earning.

Also keep in mind that maybe you have better skills/chances to earn money offline. And if you get surplus / "money you afford to lose", then you may be able to even invest.

Or, depending on your age, maybe you consider getting higher education to earn more (online or offline).

Keep all directions open, not only online. Good luck!

If you want to search in this forum, there are multiple ways, from in-forum search (normal or advanced) to the known search engines restricted to search only inside the forum ( <keywords> site:bitcointalk.org ) or use forum scrapers' search capabilities like https://ninjastic.space/search

In-forum search restricts the newbies, unfortunately.
Search engines may not have the forum properly indexed or may be missing the very new info.
Scrapers are quite an interesting choice to explore.

All this was also discussed lately in another thread which may also worth a look: https://bitcointalk.org/index.php?topic=5356770

Mda, pacat ca tu esti generos si altii decid sa fie marlani.
Ma bucur ca aveai deja backup plan.

Eu ma tin de ce am promis: cel mai devreme duminica. (Deci nu am fost eu "ala").

Clearly. I hope that I didn't offend you, but I've learned to be very careful with what I install/run.
It's not only about merit, it's also about the fact he's older here, more active, I interacted more with him than you... and higher ranked by the forum.
Usually the lower the rank, the higher the chance it does something fishy. It doesn't mean that you did or you will do that, clearly. It's just chances and numbers.

As I said, a higher rank can give more credibility to everything and attract more people to the project. Whether you do that or not, it's entirely your choice.



That's good to know. I'm still a bit wary about the client though.

The thief can steal the credit card info with phishing or malware on the phone maybe easier than the banknotes. Unfortunately, for every form of money, there are thieves too. But yes, payments without touching the actual money is convenient. Just be aware, banks and others gather data based on when and what you buy and profile you based on that (some don't like that, some others don't care, but it's good if you at least know that).

Nu am vizionat filmul, dar ideea e tare, fiindca sunt chestii pe care oamenii le pun acolo ei insisi, de cele mai multe ori 100% public, deci nu trebuie acord sau sa aiba acorduri cu terti (motoare de cautare, sau fb). Nici macar nu invadeaza viata privata, ca-s informati publice. Era o vorba la un moment dat ca SRI/FBI/... nu mai au de lucru cu spionatul, ca oamenii isi pun toate informatiile direct si benevol pe FB    Ei, astia chiar au implementat ceva pe ideea asta  

Si da, in peste 90% din cazuri sunt chestii pe bune puse acolo - desi mai nou lumea a invatat sa le puna doar pt prieteni, dar acum ceva ani erau destul de bune pentru un "scor".

Banuiesc totusi ca eu unul nu m-as fi calificat la un credit de la aia... ca nu prea suport FB-ul...

This news puzzles me greatly. Don't they have to already report to authorities anything suspicious related to money laundering, in order to operate legally? Don't they ask for KYC info on larger amounts exactly because of this? And then.. what's the news about?!

I think that if it would be you at least compiling the source it would give more credibility to the project (then I may even consider joining in when I could, although my NVidia card is on a laptop).

Search engines don't check the website continuously, so they are indeed more suitable for older results. For example, in google, you can select the date/time range where to search for what you are interested in.

But I will show you something that, for simple search and new results may be better than google: https://ninjastic.space/search
You can fill a couple of criteria - keywords, date range, maybe author or board too - and will find even posts made minutes ago.

Bitcoin is illegal if your country's law tells so. It doesn't matter if scams have happened or not.
Also, the fact Bitcoin was declared illegal is.. something. It means that the govt knows about its existence and monitors it. It may lead - sooner or later - to proper regulation (or at least taxing) and making it legal again. Bitcoin ecosystem is growing and - sooner or later - governments will want at least the money associated with taxing that. And one cannot tax it if it's illegal 

1. Keep in mind that the coins are not in your bitcoin wallet and will not be in the Nano S. Both wallets only handle keys.
2. Create a new seed on the Nano S, write the seed also onto the backup papers, install bitcoin wallet app onto Nano S, open a wallet software associated with Nano S (I use Electrum on desktop, but I guess that you can also use ledger live) and get an address from the wallet associated to the Nano S.
3. Make a transaction and send the coins from your current wallet to an address associated to the Nano S, wait to see that confirmed.

No problem, my negative feedback contains the link to the backup of the topic at ninjastic.space website.

He just ruined that account. Oh well...


Maybe this helps: https://ninjastic.space/post/57787909

---

Maybe somebody should notify @mprep about this situation to remove from his trust list? Because now @PsychoticBoy is DT2 too...
https://loyce.club/trust/2021-08-21_Sat_06.09h/54752.html

Sper ca vei putea sa ne ierti vreodata 



Ei... atunci nu ma apuc de vanatoare mai devreme de duminica, OK? Ca deja am un Nano S. Mi-ar fi placut si un Trezor, sa compar/testez, dar pot si sa inteleg logica cu lasat si pe altii.  Bafta! (Si da, mult mai interesanta abordarea concursului, bravo!)

Nobody can know or predict that. Bitcoin will always cost as much as people are willing to pay for it. As long as there's demand, the price will basically keep rising (on the average), fast or slow.
In the future, with more institutional investors and stronger regulation (less manipulation) the price may get to rise in slow/boring way, like gold does, but we are far from that.
However, I think that the best model you can find for the price evolution in the far future should be what happens in the current decade with gold.

(Keep in mind though that this is a speculation, not a financial advice.)