My coinbase got hacked today. I got a message on my phone saying that my password had changed. I attempted to follow instructions to stop it, but by the time I had, it was too late and the theif emptied out my hot wallet. The only saving grace was that coinbase has vaults which give 48 hour delay. I wish that I would have transferred more coins to the vault as they were protected. Coinbase has some serious vulnerabilities, but whoever the thief was was able to login from my IP and was able to login to my email despite the fact that I had just changed my password. Be careful out there. Cold wallet your coins.
It's never a good idea to store coins on exchange. However I doubt Coinbase has serious vulnerabilities. What happened is that you most likely got infected with a RAT. Its not a problem for the hacker to log in with your IP and your email really. Ways to prevent this is usage of 2FA I second this idea. Sounds like a RAT attack to me. There's no way some random person can quickly know an IP and mask theirs as the slave IP. Chances are that the person sent you some adware or you stumbled on a bad file that gave path to someone's RAT. Be very careful with what you download on the internet nowadays. People will come at a few coins with whatever they have. Bitcoin offers no security to you even if you do get scammed or robbed. |
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Hi, guys!
I have been buying Amazon gift cards for bitcoins for some time already and have seen ... well ... different ways used to scam some simple-minded bitcoin buyers (including me initially).
Below are simple guidelines that will decrease your probability of being scammed when buying an Amazon Gift Card:
- Use an Escrow (this is obvious and comes first)
- Ask for the photo of both sides of the card where the FULL card is visible (no hidden edges etc) and the photo has a good resolution.
- Ask for a photo of the cash receipt given to the card seller when the card was bought in a shop
- Check that the cash receipt looks ... well ... like a normal cash receipt.
- Check that the *Card Number* from the card matches to the Card Number on the cash receipt.
The *Card Number* is NOT the *Card Code*. The *Card Code* is the code that you redeem at Amazon and it looks like "AQZZ-TRDETY-CY9QF". The *Card Number* looks like a normal credit card number and consists of a long string of digits. Normally, the last 4 digits or the full *Card Number* are printed on the cash receipt. When you buy an Amazon gift card, the *Card Number* is visible (it's also printed on the package) and the *Card Code* is not visible (you need to scrape off the plastic film covering it to see the actual *Card Code*).
- Ask the card seller to write something in pen on the cash receipt (something like "Sold to <> at bitcointalk.org. No refund") and make a photo where BOTH the card and cash receipt are visible. This point helps to ensure that the seller has both the cash receipt and card physically.
- Check on the cash receipt that the Amazon card has been bought with CASH (not with a Credit Card). It shall be clearly written on the receipt. If you see that the card was bought with a credit card, avoid it. It's a significant probability that the credit card used for that was stolen.
Those guidelines are simple, but they definitely will make your life happier enjoying your Amazon Gift Card in full.
I think the fellow forum members will definitely add their insights to this message.
The 6th bullet point is EXTREMELY important. People often just rip images off of google and try to use it as proof that they actually have cards. Buyers can do multiple things in this situation. Google reverse search is amazing, and it should be used by anyone looking to buy an Amazon gift card. If you find matches of the card somewhere online, just don't buy it from the person trying to sell to you. They're trying to scam you. Furthermore, you can always ask the seller to send 2 more pictures with a unique form to it (take a picture with a microwave in the background, with your ring finger in it as well, etc.). This insures that the person is not just ripping an image off of google. |
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hello hope all is well!
PLZ living working here in dubai im looking to buy btc cheaper then my exchange prices 4-5 btc test order worth bellow exchange price can u plz help me first order 4-5 btc then once all good more:) 100-200 BTC IF U HAVE BUT I NEED ESCROW FOR OUR ORDERS as i am starting an exchange thank u
1) There is no reason for anyone to sell bitcoin at a rate lower than exchange regardless of how much you want to buy. As of now, Bitcoin is extremely sought after and the price is only rising. 2) If you need such a large amount, you should probably just purchase from a large exchange. I highly doubt that most people here have the amount that you want, and even if they do, I doubt that they are looking to have it exchanged for fiat. Perhaps right now is not the best time to start an exchange. |
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Hi everyone.
It has been brought to my attention by numerous people that there has been a statement from the Adobe programs claiming that the license will expire on the 30th of this month. While I have not gotten the same message, I assume that Adobe has caught on to my method due to the numerous people who decided to take my method an resell it.
Regardless, I promised that this would be a lifetime product, which seemingly it is not. I will wait until the date comes and I will follow through with 1 of the 2 following procedures:
1) If I have found a patch for the method, I will apply it and send it out to those who have bought from me previously.
2) If I have not found a patch by that date, I will issue refunds for the 2017 upgrade ($10). As far as I know, the 2015 version is working fine (as I am using it and never got any message about the license expiry). However, I will need to have some form of confirmation that you indeed bought my method. I will ask for this when the time comes.
I'm sorry for taking so long to update this. I've been working hard to find a patch, and I will continue to do so. I'm thankful that you all have been patient with me.
I will keep this thread locked and bump it occasionally so that people may have the chance to see it multiple times. Feel free to message me at any time with questions or concerns, and I will do the best to get back to you.
Will currently put together some funds for issuing refunds for the worst case. I'd like to assure everyone that I won't just run away. I've been on these forums for a while and it just isn't the right thing to do as a seller and active member here. I will keep you guys updated as best I can.
Thanks,
Player514
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Is Bitcoin the future of currencies? Well it's too early to say right now, but probably not. Is Bitcoin the future of crypto currency? It is for now and will probably continue to be so for the next year or two. When it comes to understanding which crypto will last, we can't really peer into the future and get told which coin is worth it. A altcoin could end up on top of Bitcoin a few years from now, we simply don't know. |
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Bitcoin, though about to celebrate its first decade of existence next year 2018, by all comparison especially with the fiat money, is still considered a relatively very young form of currency or a store of value (you can take a pick or get the two) and we are now witnessing its own evolution and dynamism. We have been told of the many risks that Bitcoin can be facing today and then into its future. But what is the biggest risk that Bitcoin is currently facing? Aside from government intervention (just like what China did in September), one of the other big risks is the governance within Bitcoin. There is no question that regulatory risk is obviously visible on many countries where Bitcoin got into. We had witnessed this in China and even South Korea as well as insignificant countries are also closely looking at Bitcoin maybe for clamping down. There are always regulatory risk involved but I think that governance is the greatest risk to Bitcoin and other decentralized entities. Right now, Bitcoin is governed by exit. There’s a consensus mechanism but when people disagree on consensus, they have three choices: Just suck it up, get away from Bitcoin or sell or they can get into the open source code and fork it. People in Bitcoin know what forking is. We are facing here the technical risk and community risk. The Segwit2X debate, which could result in a hard fork this November 18, is highlighting the possible risk involved in the governance by exit. We are experiencing the so-called Balkanization (fragmentation or division) of Bitcoin is not good for the future of Bitcoin and the whole cryptocurrency community. The biggest risk for a lot of people, I would assume, is the volatility of the coin. People want to use it and they want to invest but they get scared away when someone tells them that BTC is 5 times more volatile than the Tesla stock. The simple fact is that a lot of this volatility comes from the issues you mentioned in your main post. The multiple forks will not fare well for BTC in the long run. |
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Many rumors about BTC value
What can you say about this...
BTC will hit 10,000 USD next year?
How much do you think?
Probably btc will hit 10,000 USD next year. Although that is the case, the other choices in the thread somehow is quite insane even if they are not impossible to achieve. The realistic target for now is below 8000$ below by next year but there is a high chance that it will hit 10,000$ if the upward trend continues next year and if it does not show a prolonged bearish market trend. For sure there will be a lot of action by next year and I am hoping for that. We've seen some insane growth this year and as much as I'd love to say that the same growth will go through next year, it's just plain truth that it won't continue. Even with that said, however, I like your general statement. I think we can break 10,000 sometime next year. A lot of people go off on a whim and claim that we will reach ungodly amounts, but I find that all very hard to believe. I think many people would be happy even if Bitcoin showed linear growth over exponential growth and decay. |
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is up the only way for now...?
we are witnessing a never before seen on Earth - type of event..a new all accountability system that is being started and setup.
the ultimate good capitalism dominance that bankers will never grasp the idea and perish. BTC
bitcoin has no real market to bid,
-no HFC
-no players with endless pockets to outbid everybody else
Bitcoin is the Great Equalizer in access to markets and when people will realize this then the real revolution will start!
You sound a little like an evil genius in this post! Regardless, there is always a chance that we will go down. There is no saying that the only way is up. Most likely, after the fork, we will see our first down turn as people dump the new coin for bitcoin. I know you're lost in your idealism and hopes for bitcoin being the best currency in the world, but there is a large likelihood that we will see drops towards the end of this year. After that, maybe your predictions will come true. |
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Central Bank of Uruguay announces launch of own cryptocurrency, lets discuss, what effect it will make for their economics.
https://www.coindesk.com/central-bank-of-uruguays-president-announces-digital-currency-pilot-program/I read about this here as well. It seems like a lot of it is up in the air for now; we don't have much information about the whole thing. However, this whole project would probably end up boosting the effect of cryptocurrencies on the marketplace. We may see a crypto that rises above bitcoin if something has enough traction and bitcoin drops low enough. |
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Is there any payment gate way which is same as bank deposit, or online transfer? I mean, payments are safe for online store sellers, that's, once buyer paid by their credit card or any bank card via it, then, buyer can't make dishonest stories to get money back by ring bank to cancel the transaction or open dispute (i.e. paypal dispute). I did do some search, I found all payment gate ways are follow up eBay and PayPal made policies: buyers can open dispute to get money back once they get the goods. So, some bad people use those policies to rip off online sellers for get a free goods. Therefore, I am looking for new payment gate way that can let buyer pay by credit card to online seller, but the payment is same as bank deposit, or bank transfer, once paid, not refundable or withdraw. One way transfer. Any one can help? แทงบอลสเต็ปUse Bitcoin with bitpay implementation. It makes sure you don't get double spent and it also looks great to integrate into a website and such. If you're looking for something that uses fiat currency, then there are countless options. However, you have to understand that for these services to work, they need to offer some type of buyer protection which is why they have the chargebacks. For now, sticking to Bitcoin is the best option. |
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How are we even sure that satoshi is a person or a group of persons or just a pseudonym?
And besides, owing Bitcoin can't make 'em world power.
Agreed. If every Chinese person for whatever reason owned 1 bitcoin, that wouldn't make China as a country the strongest world power. Instead, it would just have a larger distribution of wealth across its citizens. If China decided to tax on those coins and take some from each citizen, then it's possible that the whole nation's wealth would skyrocket in that short time and end up making China the richest country, but it would need to have a very strong military presence in order to be considered a world power. |
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Predictable and completely normal. A heavy correction is what the market needed, these past few weeks hitting altmost a new ATH every 3 days were insane, so it's good to finally see a pullback.
I'm thinking we're going to reach the $6100-$6500 window to buy cheap coins, so everyone get ready.
I agree with where you spot your limit. I think we won't go under 6000, because a lot of people are trying to hop back into bitcoin at around that 6000 dollar mark. I'm not sure if we'll see more of a drop right after that fork coming up, though. If I had to guess, I'd say that it's very possible that we could drop sub 6000 in that time. After that, however, I think we will rise back. |
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Just wondering what peoples thoughts are about the upcoming fork and what it will do to BTC prices? If the miners start adopting 2x over BTC, then surely that would make BTCs price plummet and 2x price go the other way? Is this more of a gradual change?
Thanks,
For the most part, it seems like miners don't have enough information to come to any conclusion about 2x. There is very little info out there for anyone looking into it and it has led a lot of people to believe that the forked coin is just another scam. If the fork creates a currency that will best bitcoin (which I doubt heavily), then the miners will slowly start to adopt the other coin instead of bitcoin. It should give everyone enough time to move their holdings over accordingly. |
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Today btc is going down and a lot of alts are rising. Do you think it will be a trend also in the next days? I imagined that would happen after the 2x day. Thank you
One day won't really change much as of now. We need to see the data over a much longer period of time to come to any conclusions. In regards to altcoins taking over, it's possible that one day in the future that bitcoin will not be the preferred currency and some other altcoin will prevail. However, it seems as of now, bitcoin is not only the most accessible for people, but that it is being picked up by companies as being offered for payment. This will push bitcoin's price up as it is being supported both as an investment and a currency. |
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will bitcoin down after fork? If CME open bitcoin future it should hype to 10000
It seems like it will. The same happened right after bitcoin gold, and it seems like the current situation we're in is very similar to how things were going then. The forked coin doesn't really have much information behind it. People speculate it's probably going to be a scam just as BTG was speculated to be due to the extreme lack of information. I don't see the forked coin having much of a future. We can't do much but speculate at this point; people claim that bitcoin will rise shortly after a drop following the fork. |
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So I am planning on putting 25,000 USD to Buy cryptocurrencies to hold for long term. Is it a bad time to invest in those crypto-currencies?
if its right time, whats your suggestion ? Buy bitcoin / ethereum / Bitcoin Cash / Ripple ? mixed or just one? how much of each ?
is it good to wait until bitcoin fork ( 15 november ) or not ?
i remember the time i had 100 BTC and i sell them just 30,000 USD, i dont want to lose the next chance, so i need to invest
You're probably best of waiting after the fork. Many people here and others on other forums are predicting a small crash after the fork, just as we saw with BTG. Now, don't take my word as truth -- It's a suggestion that I will probably follow as well. Bitcoin's rise is similar to a bubble (at least for the time leading up to this fork). People are buying in order to get more of that forked coin. Keep this in mind when you purchase! |
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Line items of bitcoin were warmed up by information that the Chinese authorities can soften the stand on cryptocurrencies, and the new jump of a rate was caused by the statement of the Chicago board of trade for plans this year to begin futures trading on bitcoin.
The American CME Group which includes the Chicago board of trade and the New York Mercantile Exchange (NYMEX), intends to begin futures trading on bitcoin in December, 2017. The U.S. Securities and Exchange Commission which shall give the permission to start of such future can cancel plans of the exchange.
It is supposed that contracts for bitcoin will be started on the terms of calculations on the basis of CME CF Bitcoin Reference Rate (BRR) — a bitcoin rate in relation to dollar. In addition, the index of bitcoin intends to publish CME Group in real time.
This is a great update on the investment side of bitcoin. It would be cool if you could cover the currency aspect of it too! Major tech companies are starting to dive into the bitcoin bonanza, Amazon was found purchasing a few crypto (mainly bitcoin) associated domains. Chances are that they're thinking about accepting bitcoin for future payments. Other companies might be hopping onto this trend soon and this could actually end up helping combat a potential burst we might see after the fork. |
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My guess about what will happen the coming weeks:
Monday 6th - Friday 10th the price will continue to go up.
Late on Friday or on Saturday some new anouncements regarding segwit2x will be made which will indicate less support, therefor making the success of the fork even more shaky.
From Saturday 11th and/or Sunday we see the BTC price stagnating with even a small to moderate decline.
Just before the fork the price of BTC continues to fall in single digit numbers.
Once the fork has happened and the negative news regarding segwit2x will come in, the BTC price will take a double digit nose dive - this decline will last till early december.
After December 5th the price will stabilize and double digit gains will be made all the way into the new year.
What happens in January? - I find this hard to predict at the moment.
I could see this being an accurate representation of what actually goes down. I think, however, people for the most part know that the forked coin will not be much to think about. It seems like for the most part, people learned that the forked coin will not be as popular as bitcoin just through what went down during the bitcoin gold fork. For the most part, I see most of this happening. I don't know how much of a drop we'll actually see, but hopefully it's not too bad. January should be a good time for BTC, considering the drop from this fork could continue on for a month. |
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I think they will ban bitcoin because of the fearful that may affect of the economics of my country but i disagree there opinion because working bitcoin is very helpful for me especially the support financial.
I would say that every country has some knowledge of Bitcoin at this point. The only countries that I could see full fledged banning it are those that depend heavily on the government taxes to keep running and those that want to maximize how much they make with taxes off their citizens. As of now, it seems like many first world countries don't have much of a choice but to accept what Bitcoin is. |
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In this year January btc price was $800 — $1,150 and now it is around $7100.Can we imagine it will increase like this year?
This year has clearly been the best year for Bitcoin in terms of ultimate price. I don't know if Bitcoin can keep up with how much it's gained this past year. With that in mind, however, I don't doubt the ability of it to go up to around 15k (doubling what it was this year) by the end of the year next year. I'm just hoping we see more steady rise rather than volatility. |
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