I am not really worried that Binance will disappear overnight, but I understand what LoyceV was talking about. It's the regulatory frameworks that centralized exchanges like Binance have to comply with that worry me more than an exit scam or disastrous hacking incident. But no matter what happens, it wouldn't be the first time.

Most replies hint at that it's best to learn the proper ways to go about the seed and private keys. I wanted to spare my friend from that since he hasn't expressed a desire to ever learn it. I will probably just do it for him, and then it's up to him whether or not he wants to learn the ways of Bitcoin. 

I meni je teško povjerovati da su imali toliki broj ASICa i da im je u fokusu bio Bitcoin. Sigurno je neki GPU-minable altcoin.

Ne samo da more ključa već se i otapa antarktički led, a Bitcoin je največi krivac za to.

Moraju na neki senzionalistički način da dovrše članak da to izgleda moćnije a ida ima i više teksta. Ja sam sretan što Bitcoin nije balon koji je blizu €50.000 i svaki dan se čeka da pukne. A to da Bitcoin troši električne energije kao neke države će naši novinari ponavljati desetljećima. To će bit kao sportski komentarori koji su izmislili da je igrač "prošao kao brzi voz" i virus se još od ex yuge širi i fraza se i dan danas koristi.

Jedna zanimljiva i pomalo zbunjujuća vijest dolazi iz Bosne i Mrkonjić Grada.
Tamo su radnici lokalne elektrodistribucije otkrili da je jedna firma krala struju s kojom su rudarene kriptovalute. U tekstu se ne navodi šta je rudareno i kakvu su tačno opremu pronašli. Vidim da stranica nije specijalizirana na kripto pa im ne mogu ni zamjeriti.

U teksu piše da je otkriveno "360 računara za rudarenje kriptovaluta, a procjena je kako je za godinu dana na pravljenje virtuelnog novca potrošeno 900.000 maraka".
Da li su u pitanju rigovi sa 360 kartica, ASIC mineri, ili nešto treće ostaje nepoznanica. I ovaj drugi dio rečenice nije najjasniji u kojem kažu da je potrošeno 900.000 maraka na "pravljenje kriptovaluta". Da li misle da je ukradeno toliko struje ili je to investicija u opremu za rudarenje, ili pak vrijednost izrudarenih coina?

Ako su im toliko struje pokrali, onda je ta grupa dobro zeznula elektroprivredu. U nastavku teksta pišu:
..."izvršen je obračun neovlašćene potrošnje u iznosu od 4.564,25 KM."

Izvor:
https://www.6yka.com/novosti/u-damjanovicevoj-kruni-kradu-struju-za-rudarenje-kriptovaluta

Take a look at some historical values of Bitcoin. Check out what the coin was worth 1 year ago, 3, 5, or 10 years ago. Then imagine what that USD value would be today if you just bought it back than and did nothing else besides keeping it in your wallet. You can use What if I hodl for historical prices for example.

Good choice. Trading is a profitable way of increasing your wealth, but only if you know what you are doing. Most people don't and they lose the little they had. I wrote a topic on that subject not that long ago. Check out What Can Happen If You Want to Trade Cryptocurrencies, but You Don’t Know How? if you want.

What do you do for a living? If you have a job, can a part of your salary be in Bitcoin? If not, you can just leave a little amount from each paycheck and buy bitcoin with it. Do some freelance work and get paid in crypto. There are many possibilities, it depends on your skills and motivations.

---

A part of the stake, yes. But not the entire bag of course. I remember reading about Polkadot a few months ago and they have such a slashing feature. It's applied both to validators and delegators, so you need to be careful who you delegate your rights to if you are interested in that kind of thing. Avalanche, for example, has no slashing feature. 

You have to create a proper scam accusation if you expect any actions to be taken against the alleged scammer. That's not the way to do it.
Post all the proof you have that shows you were scammed. Screenshots, private conversations, PMs, emails, whatever you can gather. 

Check the pinned thread and follow the scam report format if that's easier for you.

Bitcoin didn't give you that. This is a forum and a discussion board. The topic of interest happens to be Bitcoin, but it's not the technology that affects posting on this forum in anyway. Other types of forums that aren't about Bitcoin also give you the freedom to post anything you want as long as you adhere to their local rules. 

The forum is centralized. Theymos is its head admin and he is assisted by a couple of staff members. That's a centralized group. You, me, and everyone else (the community) don't have a say on the decisions the admins make.

- We didn't vote on the implementation of merits.
- We didn't create trust or the flag system.
- We don't decide who gets banned and who doesn't.
- We don't select the ads you see around the place.
- We don't create new boards.

The list goes on. We have a lot of freedoms when it comes to posting, but the forum is still centralized, and that's exactly how it needs to be. Someone needs to make sure that the rules are being followed.

You forgot sirius. He was the Bitcointalk administrator before theymos. Theymos made his way up the ladder to get to where he is now. He was a Global Moderator and then he became an admin when he was needed.


You might also want to read this interesting interview with sirius.
Satoshi knew how to cover his tracks, so even if one of these guys is satoshi, they would know how to cover theirs as well.

You can get a very decent weekend cottage for the price of 1 Bitcoin close to the Croatian-Bosnian border.
You will still be left with a few grands to spend on booze and two or three escorts (depending on your mood).



Source

I will probably go for one of the below solutions:

• Create a brand new wallet with seed from my Ledger device. Send some BTC to it and give them the seed.
• Generate a private key with bitaddress in an offline environment or by booting a Live OS from USB. I will fund the address and print out the necessary info or give it to them as QR codes.

Besides being weakened in the attack, Juventus will also be without de Ligt for this match. That leaves the team with Chiellini and Bonucci as starting central defenders and Rugani on the bench. Most Italian media and Juve sites suggest that de Sciglio is likely to start on the left back with Alex Sandro taking a break following international matches in South America with Brazil. 

That depends. What does that term mean to you and what is a global currency in your own interpretation?
If you took a look at this Wikipedia article, it says in the first sentence that:

Does Bitcoin fit this description? I would say it does. You can transact with it internationally. It has no country borders or geographical restrictions. Your coins arrive equally fast from one continent to another as well as one device to the other if they are both in the same room. Considering of course network conditions, congestion, set fees, etc.

Isplate su stvarno dobre u poređenju sa mnogim drugim kampanjama. Čak i bolje nego što BestChange daje trenutno. Mada ko je u BestChange-u svakako ne bi trebao riskirati i mijenjati kampanju.

Nikad ne znaš šta se vlasnicima tih projekata i kasina (kažem kasina jer su većina kampanja kripto kasina) vrti u glavi. Sjećam se dok sam još bio u FortuneJacku, sve bilo OK, sve štima kad odjednom dolazi obavijest ovo je posljedna sedmica kampanje i onda je kraj. Završi to, pobrisaše nam kanale na Discordu i otjeraše nas ko zadnje cigane . A FortuneJack je tad bio jedna od najdugotrajnijih kampanja.

That's exactly the problem and reason I made this thread. Those success stories, no matter how good they sound, could have just been based on luck. And there are two sides to each medal. Your friend was successful at one point during his trading career, and that's the part you decided to focus on. Eventually he lost everything and people simply overlook that part and don't consider it a real danger to them.

I would, but every person is different. They are used to doing things one way and if that way works, they don't want to change. It's as simple as that. Ask around in your neighborhood if people would use Bitcoin if you showed them how it works and how to use it. Some would, others are stubborn and would probably just chase you away.

---

I didn't really expect that there was a service or way to achieve what I suggested in OP when I started this discussion. But I hoped I was wrong. It could be an interesting project for someone to play around with in the future.   

I watched the most important parts of the Juventus press conference yesterday and Max Allegri said that Dybala isn't ready yet. He needs another week or two to get back to full fitness. Morata is surprisingly recovering faster than expected and there is a chance he will even be called up for the Roma match. But I doubt he will be a starter even if he does. I think the manager's plan is to have him fit for the Champions League in midweek.

Rabiot has COVID-19 and will surely miss Juve-Roma.
Kean was also a doubt for the match because he picked up a nasty head injury in the first match of the Nations League playoffs with Italy. But he has recovered. I think he will start with Chiesa in attack.

You didn't reply to the question that I asked in my previous post about the affiliate program. I asked if you released any type of announcement that the program will be stopped after the last commission payments were made from your side?

Here it is again in case you didn't see it:

I think that's a good decision. You should find a way to reward old users no matter how many of them there were.

Look, I don't disagree, But I don't want to force my opinions on him or ask him to learn how to do something that he maybe doesn't want to. I thought Bitcoin would be a great housewarming gift and something he would never expect. It's also meant to be a surprise.

He is a smart lad and he isn't gullible. He would never fall for the obvious scams. I would of course tell him to check with me for every step he decides to take with his coins. Whether that includes selling them on an exchange, moving them to a different wallet, re-investing into something else, etc.

I have to admit that I forgot about the Opendime and didn't consider that option. Thanks!

I didn't know Binance offers gift cards. The only problem is that new accounts have to undergo KYC now. So he would have to perform identity verification. Since I don't like doing that myself, I don't want to suggest that he does. Do you know any other exchange where you could purchase a gift card that doesn't require KYC?

I don't think I will. He knows about Bitcoin's value. At one point he even considered mining it. He is a gamer and always has good computers and GPUs. He thought he could put them to good use mining Bitcoin but unfortunately I shattered his dreams.   

We live and work in different cities. I haven't seen him in almost 2 months and his housewarming party will be the first time we get together after a while. 

I have played on Sportsbet.io and FortuneJack many times and I was never asked to perform KYC. If you are suspected of using multiple accounts or cheating, they might ask to see who you are. I can see that many users recommended one or both of those platforms and that's because they are on top of the list for a reason. The withdrawals from both are free of charge. Sportsbet has instant deposits, FortuneJack doesn't. Additionally, Sportsbet has an odds booster and lower withdrawal minimum amounts compared to FortuneJack. 

That story makes very little sense and has nothing to do with trading. OP was paid in bitcoin for a service he offered. He wanted to do "something useful" (as he said) so he transferred the coins to an online casino, and one that has a history of scamming. Very useful indeed. Instead of leaving them where they are and doing some research about how to convert to fiat (if that is the ultimate goal), he decides to experiment on how it is to transact with bitcoin by sending them to a platform he knows nothing about.   

He is interested in technology, but not into Bitcoin yet.

I have considered a multi-sig setup as well. But I don't want to have any control over what he does with the coins. It's his decision to keep them, exchange them for fiat, or gamble them away. It also doesn't seem like a gift if he needs my signature to spend it. I am hoping he will see some value in it, but it's his call.