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All you can do now is wait. Account recovery process is currently of low priority for forum administration. I know that it might not sound very much professional but they have got so much on their plates that you also need to understand their situation.
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I am sad that I could not make it to the list this time. Next time, I will work harder by adding some guides for newbies so that I also get a place in this esteemed list.
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OP, I also noticed that captcha has became difficult now. Earlier, it gave easier options like vehicles only but now I also see some weird options like chimneys. It is good for forum security though.
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i think waves is a good project and i use it myself from time to time. but apparently it is hardly noticed. i also hope that waves will eventually go to 50$, but getting there will not be easy for waves.
Personally, I also think that waves is an interesting coin and it can grow with time. But expecting that much price for this coin is to much optimistic in my opinion. There are various other alt coins like ETH and ripple that can give better returns with more surity. |
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Educating people about crypto is essential, I think this should even be taught at school. For everyone to be aware of crypto properly. By expanding the community, then there will be broader development opportunities.
If it is taught in school, it should be optional. Making it compulsory is not right especially because it is something money oriented and girls will not show interest in this subject. It can be useful for college students though in my opinion. |
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So first it was the mining pools killing bitcoin, then it was altcoins killing bitcoin, then it was the bitcoin foundation killing bitcoin, then it was regulation from governments killing bitcoin, then it was exchanges killing bitcoin, now its ICO's killing bitcoin....What's next, your dog ate my bitcoin private keys so he's killing bitcoin too?
Try focusing your thoughts better, Big Corporations that accept bitcoin, sell it for fiat immediately, such as Newegg, Overstock(they still keep a few % of their bitcoin sales in bitcoin however), Dell, etc etc. They are what causes the Bitcoin price to become stagnant(good thing), or decrease from the sell pressure(bad thing), not ico's.
Those who have half cooked knowledge about crypto give these kind of excuses. They will also repeat the same thing again and again and it will seldom have any sense to it. |
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Here is what can be done for this : 1) People should be made more aware for using crypto technology carefully and wisely so as to avoid scams. 2) There should be separate laws and departments to deal with crimes related to crypto. |
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Another useful post that I came across on this forum today. I think that having a hardware wallet can reduce a lot of your troubles but it is still not 100% fool proof. The hackers are so advanced and hi tech these days that it is very hard to expect complete safety even after using hardware wallets.
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If and when cryptocurrency and/or bitcoin becomes the official currency of the world, do you think there will be a downside to it? If so, what do you think the negative effect will be once cryptocurrency becomes a worldwide currency?
Here are some negative effects I can think of : 1) First of all the uneducated or backward people will not be able to make proper use of crypto. 2) Hacking related incidents are also on the rise and it can cause some issues. |
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Curiosity surrounds the world of Bitcoin, that's for sure. But if you were to be asked to introduce Bitcoin to someone who knows nothing about it, how would you do it? What approach will you take?
EDIT:
In addition to the question, how did you learn about Bitcoin? Do you think your first steps into the crypto world is something you want other's to experience? Or would you rather have them take another path that might shed more light on Bitcoin better
I will start with the monetary benefit so as to grab their attention. Then tell them about the basics and explain about blockchain and how it works. I think that the most important thing is the target audience. |
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Just always thing at least twice before doing any action with coins or your money which is equal in this business. And don't blindly trust to anyone. Not all here are scammers, but all scammers are here.
I agree, there is a lot of scam going on in name of crypto or other online money making methods. One of the most common method is putting fake screenshots or presenting oneself as guru and then selling courses or ebooks. Some part of this is done in offline business as well but it is comparatively less. |
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At the moment, the volume of e-money is much higher than cash.
Everything says that soon we will pass to exclusively non-cash payment.
I do not want this to happen in my country. This makes old people (who are technologically backward) helpless. There had been many cases where people fooled them just because they were not aware of the recent e-money related payment option completely. |
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Bitcoin is the most reliable and stable cryptocurrency. Therefore, I keep my investments in this cryptocurrency in order to reduce the risks of losses.
Diversification is the key to cut losses. At such , you must keep 2-3 alt coins in addition to bitcoins in your portfolio. This will help in : 1) Situations like bitcoin price falling too much. Other coins like ETH will be befitted in such a case. 2) Having a coin like litecoin or ripple can make you a millionaire if it grows like bitcoin in future. |
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These techniques are being used in all business by different providers. I can thus say that this tested technique will keep being used by exchanges as long as it gives them fruitful results.
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Don't think is pratical for everyone but almost , specially with new generation. I am just wondering what happen if someday internet will not work anymore?
You are overthinking. Internet is designed in a way that it is almost impossible for it to stop working one day. This can however happen in situations like world war 3 but what will survive after such a war anyway. |
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It cannot be used as a reference, because a coin is considered dead or will be delisted from an exchange if the market no longer requests for the coin.
I completely agree with this. A coin with price of $100 each can also be delisted in cases like: 1) Developers were found to be promoting some fraud or pyramid scheme in name of coin. No exchange would like to be associated with such a coin. 2) The infrastructure used in the coin gets hacked. It can finish the coin in very short time. |
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I still can't understand people who follow links from e-mail and send their private keys to unknown places. I personally know a man who has three times asked the managers of the bounty of the companies to change purses, because the old one was stolen. The private key is the kind of thing that needs to be hidden is safer than a pin code of the credit card. But every time they step on the same rake.
This happens in following situations: 1) You are ignorant of the importance of keys. 2) You know the value of keys but were asked about it at a time when you were busy with some other work. In such a situation the mind gets confused and you might end up giving crucial details. |
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I was rewatching Ready Player One earlier with my nephew and this thought came to my mind when I saw the prize money. If, for example, we live in a virtual world (however you describe your understanding of a virtual world) do you think we will only have one currency to use and that is bitcoin? Or will we still have different coins (altcoins)?
Get out of dreams and go to work. Now, let us assume that we live in a virtual world, I would like it to be free from currencies or money. Desire for money is the root of most of the human problems. |
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The space can not be regulated that is what I think. Governments heading to exchanges and getting them to obtain KYC information is only going to be a temporal attempt at regulating the space. India placed a ban on RBI, how is that coming up?
1) It has forced some of the exchanges to shut down their business in India completely. 2) Some new ones that wanted to started have dropped the idea and development. 3) The business of existing exchanges has also declined considerably. |
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For newbies it would be better to use a trusted easy to use exchange. Most people get into crypto by using coinbase, the fees are high but the simplicity and security makes it a worthwhile exchange, you can then diversify after that to altcoin exchanges for bigger trading
Now that I know the basics , I can say that using a good exchange is very much important in my opinion as well. But criteria should also include the fees they are charging. There are so many trusted exchanges available now and most of them have competitive fees. Fess might appear small but it can accumulate and then add up to a big figure. |
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