Did you at any point even think that someone would give you almost 10 BTC? This is just a more insidious version of the scam that has already become a classic "in order to withdraw send coins to this address to prove your identity". Of course, some will really think that their happy day has come, but they belong to the category of people who will believe in anything and everything - but some things still exist only in fairy tales or SF movies.

What you need to worry about more is the fact that someone has your mobile number and knows that you have connections with cryptocurrencies which poses a security risk, but not only the one involving phishing SMS/e-Mail, but also the physical one. As for SMS and e-mail spam, the first is easily solved by blocking all unknown numbers, and the second by marking e-mails as spam.

Another thing that can help others, if you have a telecommunications regulatory agency in your country, you can report your case to them - and the end result could be blocking that number or the entire service at the national level.

You don’t need to worry too much about beginner mistakes, it’s perfectly normal and can happen to anyone. It seems to me that you want to become an expert very quickly and that you are looking for a magic formula for that - but it will take you a lot more time than you think at the moment.

My advice is to read everything that is relevant for beginners, especially all the sticky threads in this board and in Meta - so although there is certainly not all the wisdom you are looking for, it can certainly help you do better on the forum. The forum is not an opponent to fight with him, you just need to adapt to it and be what you are, and in time you will surely adopt some knowledge that you will be able to pass on to others.

Not that the article is generally bad, but that obsession with gold/silver in relation to Bitcoin has already become a bit irritating, especially if someone analyzes the gold/silver ratio in the past 300 years and everything that happened in that period - trying to find out what it can mean for Bitcoin that is barely over 10 years old. There is a lot of speculation, but the main problem of all journalists who deal with cryptocurrencies is that they really have nothing to catch when looking for facts to justify their assumptions.

The author of this article also has basic problems with searching the Internet, because there are so many songs dedicated to Bitcoin - and he is obviously not aware of that.


Here's something for you Johnny -> All About That Bitcoin - by Naomi van der Velde + Lovesong for Satoshi Nakamoto Bitcoin Whitepaper

You're welcome, although you can be sure that many don't share my opinion and consider paying with crypto as something that doesn't make sense because it will be worth a lot more in the future, or because the fees have become too high (which is true if someone doesn't know how to set correct fee). For most people, investing in crypto is just an instrument by which they plan to make a profit - I believe that more than 50% of people have never experienced anything more than buying/selling crypto through an exchange.

Not to get me wrong, I’m also a long-term holder - but I combine that with regular crypto payments that give me some financial freedom from the existing financial system - which always feels good.

China will inevitably overtake the US and become the world's first economic power, it's only a matter of time no matter how hard the US and its vassals try to prevent this from happening. In its desire to be the dominant world power, the U.S. has simply spent itself on completely wrong things like all the wars they have started or participated in them, and I’m not just talking about military but also economic wars.

What is happening in China today is not the result of a decade-long policy, but a policy that has lasted for at least the past 50 years. While Americans spread their bloody democracies around the world, the Chinese built high-speed railroads and super-high-speed trains, and today they are the leaders in the world with nearly 40 000 km of high-speed railways and state-of-the-art trains. This is just one example of how money is spent on the right things, and there are a lot of them in China, regardless of the regime.

At this point, it doesn't even matter if it's president Biden or Trump, the only difference is that the predecessor was an eccentric character who loved to be the center of attention, while the current president is in such a state that he has trouble climbing stairs, let alone that it would save America from sinking even deeper.

China has a solid economy with a clear vision, a human potential that far surpasses the US and does not throw trillions into the wind just to stay afloat - and in terms of political structure, it is both a blessing and a curse, depending on the angle.

Funny how people believe in social networks and news like this that have no firm foothold, but are just the fruit of someone’s imagination. For the thing to work, workers and their families should understand how to handle Bitcoin wallets, what is a public address and what is a private key, how to set the fee correctly and how much it ultimately costs to convert from crypto to fiat.

Imagine the example of a worker who works in a foreign country and got a part of the salary in BTC and wants to send it to his family. Let's say he uses a custodial wallet (because that's what the company he works for requires), and the service will charge him a fee of 30k-50k satoshi, which is a minimum of about $17 up to $30. Furthermore, the family that will receive the BTC must sell it for a fiat, and that can cost them at least another 5% -10% of the amount they received.

All this of course carries the risk that no one in the process will fall victim to clipboard malware or fake wallet - and that of course the price of BTC will not lose xx% in value overnight.

Look at it from a different angle and not just values then and today - because BTC is primarily a currency that should be used as much as possible, and part of the success we have today is precisely because all of us did not just hold. If everyone thought that way, then even today we should not use BTC for payments because in x years it will be worth 5-10 times more than today.

I’ve also bought some things directly for BTC over the years, but I’m not in the least bit sorry that something I paid $100 a few years ago at today’s BTC price would be worth 10 to 20 times more. Money is to be spent, we will not live forever - and the world has become a dangerous place where every day can be our last.

Surely there is some good reason why the admin did not enable this option to all users, and why he decided that the user must have at least 300 reports to get access to report history. However, it should be noted that the report history contains reports from only the previous 30 days - so it is not possible to see the complete report history.

For any active member who report at least 5 posts a day, this option becomes available within 2 months, so we might consider it a kind of reward for contributing to the forum.

Is this something new, unexpected? I don't know if anyone counts how many times the price crossed $60k and bounced back (5-6 times since the beginning of the year?), and maybe the same thing will happen a few more times, who knows... It's really unusual for me that you mention some end, and in fact we just came out of Q1, which will be remembered for the fact that the big players started to invest seriously in BTC - luckily for all of us it took them 10 years to figure it out


It's always a good time in the long run, and I'll say it may not be the best for those who dream of making x10 returns on their investment - although some are talking about $400k and even more by the end of this year. The ideal time to invest is always before halving, because it is followed, as a rule (for now) by a very successful period lasting from 1 to 1.5 years.

The problem for most crypto investors is that they only want a quick profit, look for opportunities in altcoins and very easily fall under the influence of FUD. What else can I tell you except to learn from the past, if you do not want to repeat the mistakes of those investors from 2017/18.

Although Bitcoin was born on the idea A Peer-to-Peer Electronic Cash System, at this point it is also more than obvious that its application is quite different, because for most investors it is not a currency, but just a way to make a profit or store of value.

It is my opinion that it is unrealistic to expect the world's greatest powers to ever give up their monetary sovereignty in favor of something they cannot control, and that can be called Bitcoin or some xCoin. Maybe something like this is possible in the distant future, but for now fiat will remain something that people still believe in the most - and when it comes to Bitcoin, we are still very far from any significant adaptation - unless someone thinks that 1-2% of the world's population involved in crypto is something significant?

I'll answer your last post first, and I can confirm that your link really shows the MultiBit Classic version of the wallet, and this is what the MultiBit HD version looks like :



However, if we know that the Classic version did not have the ability to create a seed, and that the HD version had a seed of 12/18 words, I wonder how it is possible that you have a seed consisting of 16 words

I can only confirm that I used MultiBit Classic and that this crypto wallet did not have the option to backup through seed, but the only options were to copy the wallet file or to extract the private keys that the wallet generates and keep them safe. Is there any way to contact that man and try to find out exactly what those 16 words represent?

If the OP really lost BTC in this way, then he became a victim of phishing through the already very well known vulnerability that was discovered at the very end of 2018. There is nothing that can be done, except that sometimes someone manages to catch those behind the whole operation and that by some miracle the hackers did not spend all the stolen BTC.

Yet the OP may just be trying to market a fake story he found on YT to get a donation to his address - in any case, neither hackers are idiots to return what they stole, nor will anyone donate anything because of such stories. One thing I noticed in the video is that the person who was robbed of 2+ BTC is pretty relaxed, which doesn't seem very normal to me. If nothing else the man in the video figured out what hardware wallets are (holding one in his hand), so I hope he doesn’t do some nonsense again.

This is what it looks like when journalists want to make a sensation, but they can only sell such sensational news to those who do not use their brains at all. The Chinese who owns this mining farm is really a genius if he thought he could invite British journalists to a secret location without anyone following them, especially not the paranoid Communist Party that knows what underwear the owner wore this morning.

After all, such operations cannot be secret because so much electricity that is consumed cannot be hidden or justified in any other meaningful way. A journalist who says in the middle of China that someone has hidden something from the authorities really has no idea what he is talking about - the Chinese authorities know about every mining farm, they just need to look at unusually high electricity consumption - or in this case follow the journalist's mobile signal to a secret location.

If you look at the news that the Sky network has been spreading around the world lately, it's obvious that their goal is to dissuade people from investing in BTC - see this video from Sky Australia which comes down to BTC being risky and consuming electricity as all of Argentina.

How come Tim Draper isn't on the list? He gave his prediction back in 2018 talking about $250 000 by the end of 2022. But at least this man has some credibility considering that 2014 he predicted the price quite accurately (he said $10 000 in the next 3 years).

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As for the others and their numbers, I have nothing against at least one of them being right - because it would be very nice to end this year with $100 000, and next year with an increase of only 100%. If they all have such optimistic views, it should be considered as some kind of general opinion - but of course not as financial advice.

I read the first ten reviews on TrustPilot and I have the impression that they were written by the same person (see keyword/s) - but what is even weirder are the ratings that give only 2 stars for a great experience, and 3 stars for a bad one

Far from being Coinbase’s ideal crypto exchange, but I believe most reviews have nothing to do with the actual user experience so the end result is certainly not authoritative for someone to draw an objective conclusion.

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headingnorth, If you play by the rules, I believe that you will not have problems on any of the well-known crypto exchanges, but as is the case with everything else in life, you have to take a certain risk. Be sure to read the terms of use and frequently asked questions, and you can definitely avoid having your account blocked for something you didn't know.

Considering that he opened another thread in BD with a similar topic, it is obvious that he really cares about that coin which has increased in value in the last 90 days by even x12. Because of this he probably thinks the value Binance has is underestimated, but as stompix nicely explained there is a big difference between these two crypto exchanges, which clearly positions them exactly where they need to be.

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He does not think of Binance as an exchange, but of their coin.

I understand that some people want to skip the natural ranking process, but that really doesn't make sense when it comes to Jr. Member - it's just a bit of activity and 1 merit to get to that rank. Besides as far as I can see Jr. Member accounts still sell at a slightly higher price (around $40), so I doubt the OP will be able to buy it for just $10.

Unfortunately, you don't realize that scammers use social networks to find victims like you who are naive enough to believe in fairy tales. I don't understand how you can invest in something just because a girl suggested it to you without doing a thorough research beforehand?


Obviously you have money if you just invested $17 000 in a completely unknown thing, and now you can only hope that there is at least a 1% chance that you will still be able to sell those tokens. One more thing to keep in mind though, it's possible that scammers will try to pull out more money in case you still get a chance to sell tokens - so if they ask you to pay more money in order to make a withdraw, don't send them anything.

I'm not sure if this proposal was part of the promise of the new American president, but I think it's just ordinary populism that could very easily end up as a proposal to increase the minimum working hour to $15, which I don't think has passed. Even if this proposal is accepted by all G20 members, companies will find a way out and outwit the system again, no matter how it was set up.

It seems to me that the US wants to create an awkward situation for itself, and for all G20 members - as you say, there are 170+ more destinations that will be very happy to provide shelter for more favorable taxes.