Damn, I pretty patient when it comes to long term shit but this is getting ridiculous.
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Tamercome Dec 13, 06:06 EST i did not send anything but i found Sent From 1DaYsP2oeDGgbQGaRX9PiXowzsLPu8uQjT To 1FBWCQQ5BBzJRU6YfaQ1MJJA5rbtoujUuA The bolded should be 0DaY...
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And this is exactly the reason why I refuse to use any exchange that forces me to upload personal identification documents. I've mentioned this many times in previous posts, but most people just don't seem to care.
In a way I'm kinda glad that this happened, just because now I can actually prove my point the next time this comes up.
I only buy Bitcoin through a Dutch exchange that works with IBAN (Bitonic), they only do SMS verification and your account is verified by purchasing Bitcoin via IBAN transfer. I have a burner sim card, so that isn't a problem for me. I also don't mind using IBAN, since the transfers are secure.
To all people who just send their passports and pictures to exchanges without thinking about it: Have fun dealing with identity theft in the future!
QFT, and lets not forget. Data of 143 million Americans exposed in hack of credit reporting agency Equifax https://www.washingtonpost.com/business/technology/equifax-hack-hits-credit-histories-of-up-to-143-million-americans/2017/09/07/a4ae6f82-941a-11e7-b9bc-b2f7903bab0d_story.html
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Go Pats!
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Let's hope this is just another scam and that this guy has really nothing to sell. Otherwise, it means that it's not just peoples' identities that are at risk but also their funds.
The problem is Identity fraud.
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Even most banks don't require scans of passports and driving licences. It's a pity decentralised exchanges don't have high volume markets.
W0rd, my banks don't have scans of my personal documents.
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Hands up who is going with this just because theymos has backed it himself? ....
It's not like you guys were not warned. What is the economic model? I read a while back that there was something funky about it and not that appealing.
1 grin is created per second on average, forever. Similar to XMR. Not ideal IMO, but it does tend to be deflationary long-term. What's the general consensus on Grin? Are we buying it or Is theymos trolling us again with another shitcoin? (remember howey) No address, no coins, sounds weird af. I don't know what to think about it.
Not a shitcoin but it is not an investment vehicle. Don't you think infinite supply will play role of pressure element on he price of coin ? There is lot of hype before the launch of this coin what is scheduled in two days now. I hope they will be much more careful with security and safety as first impression will be the last. We saw what happens with Beam with vulnerability. These are the two coins succeeded to get attention of everyone in very short time.
Beam is a money grab, tail emission is a design decision of a solid currency. It doesn't matter if the pump and dumper can't make cake, its not designed for that so if the tail emission scares you then don't use this coin. @Theymos finds the tech interesting and does not do pump and dumps. I find the goals laudable and the tech interesting if not immature atm, the tech will be amazing if matured due to the scaling if nothing else.
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What a surprise ! >>> Hacked Customer Data From World Leading Cryptocurrency Exchanges For Sale On The Dark Web? https://www.ccn.com/hacked-customer-data-from-world-leading-cryptocurrency-exchanges-for-sale-on-the-dark-web/"On a darknet market called “Dread,” a vendor going by “ExploitDOT” is attempting to sell user data from the know-your-customer (KYC) data top cryptocurrency exchanges ask for, required by most jurisdictions. According to data shared with CCN, the hacker has an ad that has been online since July 2018, in which he claims to have hacked documents used in KYC checks – including identity cards and drivers’ licenses – from users of top exchanges like Bittrex, Poloniex, Bitfinex, and Binance. The data is seemingly for sale for $10 per 100 documents or more, with discounts applying for those who buy in bulk, all the way up to $1 per 1,000 for an order of over 25,000. CCN was able to independently verify the ad on the dark web, which is still online. No links to it will be added to avoid promoting the service." One reason I refuse to send this shit to exchanges.
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Fuck the nanny state, cocksuckers.
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The dollar is very unstable today. Who's dumping dollars? Whoever printed them? Nice to see you posting this again.
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Off hand and on first thought a surprise fork does not sound like a bad idea as it will once again de-incentify asic development but forced registering of pools/miners is against all crypto stands for.
Surprise fork sounds like a cluster fuck for exchanges, pools, and users. Unless you tell everyone, but then it's not a surprise. I argued this plan should have been in place years ago and if it isn't already then it should be. It's not like this is a surprise, there should be a dev with the assignment of notifying all those places for just such an occurrence. It's not a cluster fuck if you are prepared. Basic security shit here, be prepared. I think they teach that to kids somewhere, oh yeah, boy scouts.
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Conclusion: Grin is currently highly overvalued at $6.5
Question is not if price of Grin is over evaluated right now, but at what price and at what time will Grin found bottom. I believe most pessimistic date could be even 4 years form now and deep in 4 digits of satoshies. I'm guessing more like 2 years and who know what BTC will be worth then so it is hard to judge what this will be worth in comparison.
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I messed around on Sparkpool and mined a single, 1 BEAM. Sent payment to my wallet. It never shows up. Here's the issue with the BEAM wallet i have found.
1) If you mine to an address that expires, will never arrive 2) If you delete a created payment address, payment will not come to the deleted address even though it was initially created in your same wallet. 3) If you have to restore from seed while mining, you can no longer receive the mining rewards in your mining account because you cannot re-create the same addresses you were mining to after you restore the wallet with the seed.
In my instance, I had created about 10 non expiring addresses to mine on several pools, ended up deleting several of them that I didnt end up using, and copied a deleted address to my batch file I was using to mine with by mistake (instead of one of the active ones). Again, it was just 1 BEAM, but it clearly shows that if you delete the address, you can't get them back. On sharkpool, I have a balance in an address that is no longer on my wallet, so it will never show up.
I have since fixed by using an unexpiring listed address, but a word for everyone to make sure you are mining to an active address on your wallet, and don't restore from seed or you won't get your coins either. I'm not sure if this is meant to be this way or what. This has to have happened to others I would think.
This is normal. The mistakes are on your side. IF you have read HOW TO USE WALLET instructions before using it, this wouldnt have happened. And like in all other wallets.. you take a backup of your WALLET.DB file and restoring it after using seed will get back your "never expiring addresses" and all the funds. So please keep your SEED, Password and the wallet.db file safely (BACKUP) AFAIK the point of a seed is to not have to backup anything else apart from this single piece of information as the addresses should be derived form the seed. If BEAM enforces users to backup the seed AND the wallet.db then this defeats the point of the seed. BEAM team please clarify this. Absolutely correct.
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Prices are good right now for accumulators, always useful to hold some XMR bags as it has a real world use albeit a dark one. People have guns at home for protection, it is worth having some monero as well, never know when it might come in useful.
Yeah, just like keeping cash on hand right?
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Off hand and on first thought a surprise fork does not sound like a bad idea as it will once again de-incentify asic development but forced registering of pools/miners is against all crypto stands for.
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An attempt at valuation:
Bitcoin - 12.5 coins per block, 6 blocks per hour = 1800 coins per day x $3600 = $6,480,000 cash injection required per day to maintain current price
Grin - 50 coins per block, 60 blocks per hour = 72,000 coins per day x $6.5 = $468,000 cash injection per day to maintain current price.
Therefore Grin requires 7.2% of the cash injection of Bitcoin on a daily basis to maintain its current price.
Is Grin worth 7.2% of Bitcoin at this time? Definitely not. It is an untested coin with extremely low adoption and a serious pain in the ass to transfer as both parties have to cooperate to make a transfer happen.
Conclusion: Grin is currently highly overvalued at $6.5
Indeed it's overvalued. Sweat at the joker who made one of the first purchases at $261Wash trade.
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I speculate I should not have pushed my stack into a set over set situation. Home early. should have bought grin instead.Lol
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Can someone ban all of these grin fans? WTF? Dude. Didn't you get the memo ? This place is Grintalk now. much grintalk but still didn't saw any HAIKU of it Grin is just shit shit Will never be legit git How about that that IMHO, the mimblewimble (spelling?) is a protocol...and grin coin has this as its ONLY angle for a coin. What happens when a mess of altcoins, that have watched 95% or whatever value decrease..and are having a pity party and say wtf...and add mimblewimble(spelling?) to their coin that say has other angles and hooks in their protocol besides just the grin mimblewimble protocal? Would not grin, as a 1 coin wonder, not be lost in the shuffle of other altcoins also getting the protocol? Also this may be the kiss of death on grin coin it has been out 2 days or so ..and they are making an ASIC https://obelisksc1store.tech/product/obelisk-grn1/Actually it was pre planned to be asic freindly.
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