Don't get me wrong, but I personally don't think you need to convince anyone that Bitcoin is this or that - because there is the internet and all information is public, anyone who wants can be informed at any time. Any attempt to explain Bitcoin to someone can actually act as if you are doing it for your own financial gain.

I have personally encountered two groups of those who are extremely negative when BTC is mentioned to them. The former do not understand it at all, some simply because they have a low level of education or have gained the belief that it is something illegal and do not want to have anything to do with it, and the latter are actually very disappointed that they missed the opportunity to get rich, and now they want everything to fail.

I think many people live under the misconception that Bitcoin must replace fiat in order to succeed, but that is something that is very likely not to happen in the near future while the world is functioning the way it is now. Bitcoin is just an alternative to the existing system, it is not a rule or a law that someone has to apply.

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Are you still trying to convince someone of your vain philosophies that you started spreading in 2018 on the forum? I can only say that you did not succeed then, and the same will happen now - I would certainly put you in the group of those who missed the opportunity to invest cheaply in BTC, and now you are very sorry that some others managed to do just that. To conclude, you write the same nonsense as three years ago - in fact only in a slightly modified form.

There is no reality in the universe where CW Faketoshi could be the person who invented Bitcoin - just read some posts written by Satoshi and compare it to Faketoshi - for anyone with a little common sense it is quite clear that these are different people.


This time it's not about who the real Satoshi is, but about Faketoshi going in the direction of a lawsuit against the developers because someone allegedly hacked his computer and stole the BTC. Even if he shows up, a real Satoshi couldn’t stop these lunatics from still claiming that they are actually real Satoshi.

I know of one case that has been going on for a very long time and the user cannot get their funds. Since he probably won't see this thread, maybe you can help him find a solution to his problem. Although his case may fall into the category of scam&frauds, I think the user has done everything in his power to clarify the situation.

My bitcoin is frozen at Paxful and they won't let me withdraw it

I read, and I can’t believe what a crazy idea this Faketoshi has come up with now - so how will the developers give him back something that was allegedly stolen? It is amazing that this maniac is also suing himself.


It's amazing that someone thinks that every time BTC is stolen from someone, the developers will place some kind of magic code that will then fix the thing. Just when we think we've seen it all, some new, even crazier idea comes up.


https://twitter.com/CobraBitcoin/status/1364555614144323585

Did you read the post from Jawhead999, especially the section on jurisdictions? Can you confirm that you are not on the list of banned countries and that you did not use VPN/Proxy to access the site?

What I agree with others is the fact that 24 hours is too little to get a response from official support - and I believe their system automatically banned you for some reason, and also that you are not the only one to have it happen - you need to have understanding and patience to get this resolved.

I know it's not pleasant when something like this happens, but every online casino and crypto exchange has automatic systems that freeze the user's account if they detect something suspicious - unfortunately these systems are not very accurate and definitely detect a certain percentage of legitimate users.

I don't understand why you opened a new thread on the same topic - couldn't this news just be added to the existing discussion? -> Coinbase has filled for going public.

I know there is one David who does the same job, but as far as I know only Dave has a reputation as a person who can be completely trusted when it comes to such sensitive things.

mocacinno has actually explained everything important in a potential situation, although I have to admit I don’t understand why people (I mean OP) are constantly emphasizing such a high price and linking it to some sort of mass creation of new millionaires. According to some data, at the end of 2020, there were 46.8 million millionaires in the world, and until a few years ago we were talking about only 36 million if memory serves me well.


I don’t understand why you think 50% of the world’s population could become millionaires? Most of those who own BTC actually have a very small percentage (I believe it’s some 0.1 BTC on average), and even if by some miracle a few thousand new millionaires were created it wouldn’t change the world.

Here is an interesting piece of information for comparison ->

Because most people are not ready to separate from the current financial system, in other words, they are not ready to be their own bank. At the same time, various companies see in all of this their opportunity to make money, and they don’t care at all why Satoshi invented Bitcoin. While we all know the saying "not your keys, not your coins", we also know that it's a big responsibility that many are not up to - people lose Bitcoin every day using desktop, mobile and even hardware wallets - and so for some of them it definitely makes sense that there is a crypto bank.

Of course, I don't like the idea either - BTC has become too centralized in the sense that large quantities are stored on crypto exchanges and custodial wallets - and if we know that they all operate in accordance with the law, that same law could at any time freeze all those funds.

ico-services, I have no doubt that some things are not right when it comes to this service, because too many weird hacking cases have happened over the years to blame only the users for everything. If you set 2FA as additional protection, and that protection as we see doesn't work, then we need to ask ourselves what exactly is that protection for - maybe it provides a false sense of security for users?

I think you have presented your case quite well, but I am not sure what legal position you are in as far as their threat is concerned, because they are obviously very bothered by what you have written. Personally, I don’t remember ever seeing them threaten anyone with a lawsuit, and there are hundreds of accusations against them here on the forum.

If you haven't already, I suggest you take a look at this board -> Web Wallets, and if you use the search option in that board you will find a lot of similar cases like yours. This one is particularly interesting, it would be interesting to find out what happened in connection with the lawsuit that was announced.

Please read my previous post, it's not all as black as some try to show when it comes to fees - of course it doesn't make sense to send $5 and pay the same for a fee, but at a time when the price is going up it's quite normal that fees get bigger. But as I wrote earlier, users are also partly responsible for this increase because they pay completely unnecessarily large fees.

I often look at mempool, and sometimes it is not clear to me that someone pays up to 10x more than the fee that is enough to confirm the transaction in the next block.

If everyone thought like you, probably no one would accept BTC as a means of payment. You as a seller need to offer as many payment options as possible, and crypto is just one of those options. Of course, it costs you nothing to explain to your potential customers what Bitcoin is and how they can use it to pay for what you sell - and in the end you can profit because someone might want to pay that way.

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When paying online with BTC, there is no need for the transaction to be confirmed in the next block - and the standard transaction that will be confirmed in 6 blocks in the last few days ranges from $4-$8. There is no point in constantly spreading the half-truths that transactions cost as much as $50, anyone who knows what they are doing will pay at least 10 times less and will not wait too long to get first confirmation.

We seem to have real Bitcoin believers in some key places - first that young man appears behind Yellen with the sign "Buy Bitcoin", and then the whole payment platform crashes for as long as 3 hours. Someone can call it "operational error", but I would say that someone is sending a very clear message - I just hope that for this case they will not blame North Korea or Iran as the culprits on duty for all the problems in the world.

Maybe try on local forum boards :

中文 (Chinese)
India
Malaysia


I can say that I agree with you, and not only that - a serious businessman will certainly not ask a question on the forum about where to find business partners from a specific country - it speaks enough about his ingenuity on the road to success.

Alebit, regardless of the possibility of doing a wallet recovery with Trezor seed with the help of another wallet, I would only recommend it to you if you really have no other choice. The whole point of generating seed (private keys) within the secure environment provided by the hardware wallet loses its meaning if you type that same seed into a desktop or online wallet - it is then considered compromised.

It would be ideal to have two devices, so if one breaks down the other is immediately at hand, and you don't have to take risks. If you have no other choice, I suggest that in case of need for recovery you work in a way to check and verify every wallet you want to use, and to be 100% sure that you have a computer/mobile device that is virus/malware free.

Kakmakr, it’s amazing that someone just shows up literally half a meter away from some high-ranking official and does something like this - so hasn’t anyone learned anything from the lesson “how Congress is occupied” in a country boasting of having a top level of security at all levels?

I have to admit that when I first saw the picture, it seemed to me that someone was playing with photoshop - because I’m almost certain I’ve seen that person somewhere before - but the whole thing is actually completely real because there’s a video of the whole event.

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Some may have thought that some things would change with the arrival of the Biden administration, but some things have their continuity, no matter who was in the White House. People are appointed to positions because of their attitudes toward someone or something, and this lady deserved her chair because of her attitude toward cryptocurrencies. I find it very indicative that in a very short time she was commented on the topic of Bitcoin several times, which was definitely not the case during the previous administration.

I was actually referring to the fact that whenever MS announces the purchase of BTC, the price drops significantly as has been the case now.  If someone says they are going to invest over $1 billion in BTC it should have a positive effect on the market, I find it strange that the exact opposite is happening.


Let's not go into conspiracy theories and assume what a company like Coinbase can or can't do - if we accept that all participants in the process play by the rules, that's probably the easiest way - we can't prove anything anyway.


Since Saylor helped Musk make almost $1 billion in a very short time, I guess a friend can return the favor and shake up the market a bit Musk is a very strange person, and when you look at the history of his tweets it's hard to tell what's going on in his head at some point - because how do you explain that a man who invests $1.5 billion in BTC says he thinks the price of that same BTC is too high...

As far as I can see from some other cases, that company is nothing but a scam - and the chances of getting your money back are minimal. The lesson I hope you will learn is to always check who you are doing business with, and the internet is full of information. My next piece of advice is not to fall victim to a new scam right now, because if someone tells you they can help you, and asks for compensation in advance, know that’s not true.

This thread would be more appropriate in Scam Accusations, move button can help you with that.

https://www.personal-reviews.com/2020/06/safe-ig-review-safeig-com-scam/
https://www.trustpilot.com/review/safeig.com

Didn't you realize after 3 years on the forum that the cryptocurrency market is extremely unpredictable? Consequently, you can't complain that the price of a token dropped after you bought it because it really doesn't make sense - who says that in a week that token won't be worth 50% more than today?

If you want to trade on a daily basis, be prepared that you can't always expect a profit, but also that you don't sell in a panic and make a loss. If you had followed the market a little better, you could have easily doubled your capital since the beginning of the year, because in less than 2 months BTC has already had few pullbacks of $10 000.

hatshepsut93, we can't know what's going on in the OTC market, and that's where most of the purchases involving big players like MicroStrategy or Tesla seem to be happening. If we look at the situation with Tesla, they reportedly made their purchase sometime in January, and the news became public perhaps a month later and no doubt had an effect on the sharp rise in price.

If none of the companies had admitted it publicly, I don't believe the price would have been this high - after all, these are all companies that are globally known and have a great influence on public opinion. The question was always asked "When PayPal will join to BTC race", or "When will Musk buy BTC" because many wanted to get confirmation that BTC is not a scam/Ponzi that will collapse and disappear sooner or later.

I think there’s still enough BTC in the open market (let someone correct me if I’m wrong), so then price isn’t just a result of supply and demand - since OTC doesn’t directly affect price.