I recently invested $1000 into Bitcoin and transfered to a miner and she mines and invests. I have watched my investment go up in the last seven days to $111060.00, firstly is this possible or does it seem too high?
Far too high. Those are made up numbers to convince you pay more, hence get scammed for even more money. Second question I am being asked to send $1000 to go through blockchain technology before I can withdraw, is this correct?
Any site that tells that you have money, but asks for more money in order to withdraw (instead of using a fraction of the money you have there) is plain scam. Lastly my acct is showing in USD so I have been told I can transfer straight from the company to my bank and it will convert to pounds, is that correct?
The banks can convert the money "on the fly". Not at the best rates, but it can be done. However, it's irrelevant, since you won't receive money from that website. Very confused as to whether I have been scammed or not and trying to find someone who knows
Yes, you have been scammed. Please do proper research next time you invest. For example ~99.9% of the cloud mining websites are either scam, either not profitable, so you should rule out cloud mining until you acquire more knowledge. Also everything that asks for deposits and show high return need extra attention, since it's much more likely to be scam than legit.
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In December 2017 OP has predicted BTC get to " 70k-160k" by end of 2018. What I mean is: 1. OP may be right sometimes, but he's also wrong sometimes. 2. OP may only extrapolate the short term trend, which may be misleading. 3. OP "prediction list" seems to conveniently "forget" predictions here and there; and this doesn't help with his credibility. I won't even question if the account has changed hands after the 2 years of being offline. It doesn't matter. I can forecast 90k Bitcoin for the same period and, although I myself find my prediction exaggerated, it still makes more sense than OPs 13k. Of course, I expect that both of us is wrong.
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I've done scalping too in 2017. Altcoins vs Bitcoin. It was in the easy days bots weren't so common. But at some point the profitability dropped big time and the time it consumed made it less profitable than my day job. I decided to slow down and when I looked more carefully from "outside the box" I've seen that it's risky. Big time. I don't agree with: Scalping does not require complex analytical approaches to calculate the price, which will be in a month or a year. Bought it, waited from 1 minute to several hours, sold it, etc.
If the market drops, you may easily end up with bags of unwanted coin. And that's why I said that it was risky. And I stopped. It was one of my good decisions, since I didn't get to lose money on that, only time.
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And yet another big ransomware attack, yet another ransom that was paid in Bitcoin, yet some more bad publicity for Bitcoin: Meatpacker JBS says it paid equivalent of $11 mln in ransomware attackThe subsidiary of Brazilian firm JBS SA (JBSS3.SA) halted cattle slaughtering at all of its U.S. plants for a day last week in response to the cyberattack, which threatened to disrupt food supply chains and further inflate already high food prices. The Wall Street journal reported on Wednesday that the JBS ransom payment was made in bitcoin.
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Do you think it will be a good idea to promote hardware wallets here?
I think that more people should have and use properly a HW. This should make much less funds getting stolen or lost. So imho it's a good idea, as long as it's a review/promotion and not blatant shilling. hardware article with an affiliate link. Does anyone have such experience?
I do have a HW affiliate id, I've posted some 3-5 times links with my affiliate id on twitter, especially when special promotions ran, but nobody has bought from my links. But I don't use twitter as much as I could get to actually monetize that. So all I can tell is that at least Ledger does have easy to use affiliate links.
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To do that you have to download the source code and make a bunch of modifications.
I think that it may not be difficult to make a branch from IanColeman source code, add these modifications and maybe a few cosmetic ones and post the link. Of course, it requires some time and it's not certain that those in need will know where to look for this. I think though that OP's request is a pretty good idea. I would have liked to have at hand such a tool in the years before I've bought a HW.
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Acum nu se stie... poate si noi cand vom ajunge la 70+ ani o sa il rugam pe baiatul de la ghiseu sa ne bage cheia privata in walletul de pensie pe noul telefon pt ca nu avem ochelarii la noi ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Nu stiu cati ani ai tu, dar eu sper ca atunci cand ajung la 70+ wallet-urile sa fie mai facile/mai anti-prost si anti "mi-am uitat ochelarii acasa". Iar pensia va intra automat ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) insa chiar si asa degeaba ii invatam daca la un moment dat copilul va sti ca, CIUGUban e ala bun si Bitcoin e ala rau-facator. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) parerea mea. Cred ca riscul mai mare este ca ei sa nu faca diferenta intre monezi fara blockchain sau cu blockchain centralizat si cele cu blockchain public si decentralizat. Chestia cu "bitcoin cel rau" incepe sa iasa din retorica. Ma astept ca in 10 ani sa avem platile cu Bitcoin (si nu numai) la fel de "normale" (uzuale) cum sunt azi platile cu cardul.
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First pizza traded for 10,000 bitcoin , now EL Salvador the first country for bitcoin legal tender.
I guess that it would be appropriate to have a "Thank you El Salvador" or "Bitcoin legal tender in El Salvador" like messages on the blockchain today. When I've seen the news about the proposal, I was skeptic at best. So it's a hugely wonderful surprise that this happened. It's a huge leap forward, although it's a small economy/country. what do you think? Will bitcoin back to $64k in few weeks later after this insane news?
I think that the price getting "this low" again is unnatural and should reach again proper values (and new ATH too) as soon as the good news will pile up and weak hands too get more confidence. Now it's El Salvador. In less than 4 days, Taproot lock in. It's a start...
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Adulții ar trebui să fumeze din când în când, pentru că sunt cam crispați. ~ Deci trebuie legalizată și asta că nu e bine deloc ce se întâmplă acum.
Probabil ca nu e graba, ca adultii de la noi, mai ales la sat, folosesc cu succes tuica, vodka sau palinca pentru a se de-crispa. Iar cei de la oras... in general se descurca si ei. PS. Nu ca alcoolul ar fi bun pentru sanatate, dar cred ca efectele pe termen lung ale ierbii nu sunt nici pe departe cunoscute.
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It may worth mentioning that solo mining is also called lotto mining, and it's for a good reason. You have a great chance to never hit any block, hence only waste electricity.
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want to spend it / invest it / transform it in fiat Converting to Fiat is not an investment, spend it feels more appropriate (even though Bitcoin is also a form of money) I guess that he wanted to say diversify portfolio. I guess that there aren't many ways yet to buy stocks or properties with Bitcoin. but you do not want the BTC to be traced to exchanges or to you
I see three very obvious approaches: Bitcoin mixers, atomic swap through Monero, or p2p sales. I think that established mixers may be friendlier and safer though.
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Problema e ca, cel mai probabil nu au blockchain ci totul se bazeaza pe un numar imaginar de monede care da doar impresia ca ai acumula mai multe monede virtuale. Ma gandesc ca va fi pe baza de cod de utilizator.
Ai dreptate, sunt sanse mari sa nu fie cu nimic mai presus decat punctele "bonus" de pe cardurile de cumparaturi, promovate la rang de moneda virtuala. Totusi, in adancul sufletului sper sa te inseli si sa fie o moneda mai pe bune, poate invata cineva ceva din ea...
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This clearly looks like an uncommon Tuesday. I mean when did we see the mempool empty and with not much "willingness" to fill up? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F05%2F14%2Fblobb24fd5b0b19a5380.png&t=664&c=5t8jCCaLcmcZxA) The volumes aren't great either, from what I've seen. Is everybody waiting for... something? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Hai ca m-a apucat rasul. Nu stiu daca au blockchain sau nu, nu stiu daca BNR o sa ii lase in pace sau nu, nu stiu care va fi "rata de schimb", dar... o sa avem CIUGUban. (Stiu ca titlul e prea pompos si probabil incorect pentru ce o fi acolo de fapt, dar prea imi suna fain.) Comuna Ciugud, promotorul național al conceptului „Smart Village”, își lansează propria monedă virtuală: CIUGUban. Monedele nu au valoare de criptomonedă, ci sunt doar o formă de recompensare a cetățenilor și de stimulare a reciclării și colectării selective. copiii sunt provocați, până la sfârșitul vacanței de vară, să recicleze cât mai multe ambalaje și să colecteze cât mai multe monede virtuale. La începutul noului an școlar, monedele virtuale colectate vor fi convertite în bani reali, pe care copiii îi vor putea folosi pentru a finanța mici proiecte și activități educaționale sau extrașcolare. Sursa: hotnews
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Does the U.S. Department of Justice's recovery of the Bitcoin ransom mean that Bitcoin and even blockchain security have fallen off the altar?
No, but it can be a nice FUD indeed. Probably DoJ have intercepted communications and found the private key(s) there. And BTW, that "altar" is constituted of math, well written code and peer review. Just FYI.
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Would a universally imposed carbon tax (on all Green House Gas generating activities) be good for Bitcoin?
All activities that generate CO2 over certain amounts have to buy green certificates to compensate. All activities that generate very low amounts of CO2 are rewarded with green certificates. So we can tell that some sort of punishing the polluters does already exist. It's not a carbon tax, but still... Now, the problem is the perception. Bitcoin activities don't generate CO2. The companies producing electricity from coal or oil byproducts do. And those who produce the dirty electricity have to handle the green certificates i.e pay for what pollution they make. And yes, they should have that reflected in the price of the electricity. And from that point, Bitcoin miners will decide for themselves whether to relocate or not, based on the electricity price. As simple as that.
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Well, i don't think it has anything to do with fees... You shouldn't mix transaction fees with exchange fees...
That's correct, yet still many make this confusion. And for exchanges it's much easier to hide their (exaggerated) withdrawal fees by using on-chain transactions and telling it's the tx fee...
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There was discussion about this some 1-2 years ago, a discussion he also participated on. One (sub)topic was also that some of his posts got removed. He was not aware of the rules (no comment ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ), but after that discussion his shilling was somewhat closer to staying within the boundaries of the forum rules. From that point on I don't find him so much annoying as he was in the past. Of course, he's shilling his own youtube business, but now he's also somewhat more informative (or he was last time I've checked) And if he miss-steps again, it's easy to report his topic(s) to get removed. You'll catch his attention with that, I'm sure.
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The best time for Bitcoin is always somewhere in the past. But that no longer matters now. Now, a very good way to move forward is DCA / dollar-cost averaging: buy now and then some coins when you have extra money; you may be thanking yourself in 5-10 years that you've done this. (Not a financial advice, DYOR and make your own decisions).
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Are they legally required to ask for your number or do they want it for themselves?
From what I know the phone number is used for communication, for example to tell when you can withdraw your money. From what I've read, you may receive a code on your phone number and you'll use that code to do the withdrawal. Of course, they may use it also for tracking you for tax purpose, especially in the case of large amounts (in one or more transactions over the year), but usually it's not the case (then they ask more extensive KYC info) Are there any free online numbers that will work?
I don't know, but I wouldn't advise; you don't know who else may be able to get his hands on your money.
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