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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Alternative Block Chains : be safe! on: September 01, 2017, 11:29:11 AM
Just a side note here. I recently saw, having nothing at all to do with crypto currency, a specific virus type that can operate inside and outside of a virtual machine. Now this particular think doesn't really apply here because it encourages the people to download app reconstructed virtual machine image, and then it outside file allows that virtual disk to be opened even while the emulator is not operating.

Great. do you know where we can get this? Just kidding.

The virus would still need to beat the offline password and reconnect to the internet and transfer with another password which would be traceable.
2  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What is best PoS coin to invest into right now? on: September 01, 2017, 11:22:13 AM
Electroneum is the safest coin at the minute  Wink
3  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Looking for the hidden gem. Let's share ideas on: September 01, 2017, 11:15:48 AM
Good idea. Check out Electroneum
4  Alternate cryptocurrencies / Altcoin Discussion / Re: Waves wallet on: September 01, 2017, 11:08:28 AM
How does wallet works? I need to send coins from my exchange to wallet address? So, I have coins still online, in my online Waves wallet.

Is possible to save coins on hardware which is not connected to web? For me it's the same if I have coins on exchange or in online wallet. Everything is not safe.

Not without going through coinbase or something similar. The ability to do this will be available using Electroneum soon, that is the main usp of it
5  Alternate cryptocurrencies / Altcoin Discussion / Re: Alternative Block Chains : be safe! on: September 01, 2017, 11:02:02 AM
Some people only have one computer and that must suck. Fortunately I have multiple so I can use some of my alt-miners to do this safely.

One computer can be enough for the newbies if they act fast enough on new coins, but you are right the more the merrier. especially as mining is becoming faster and cheaper now.
6  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it too late to buy NEO? on: September 01, 2017, 10:55:19 AM
NEO could still raise a little. You have definitely missed the biggest rise for a while. What is your investment period?
7  Alternate cryptocurrencies / Altcoin Discussion / Re: Alternative Block Chains : be safe! on: August 30, 2017, 11:40:09 AM
Hi Gavin,

All good questions. When Bitcoin started it was geared very much towards the business owners and not the consumers so you will find many more advantages to use them if you are a business owner. This does mean that more and more businesses will eventually start using some form of cryptocurrency so if you are buying new coins make sure you research the company and check the unique properties they can offer businesses, this will be a big factor in the success of the coin.

Safety for consumers is a late arrival in the cryptocurrency party, but many new coins are writing rules into the block chains that do protect you. Check Electroneum for the safest new currency, which allows you to store your wallet off-line, meaning that hackers can not get to it at all. They are currently the only coin to offer this.

Many new currencies are scams, but a little research into the brand will usually raise some warning flags. Look into their named investors, if they are multimillion dollar business traders then you should be safe, these people are risking their own money for a big payoff, they aren't trading their first class reputation in business development to scam regular people out of $1000 or more.  Grin
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [HALAL] HALAL Coin for 1.5 Billion Muslims.... [ICO just started ] on: August 30, 2017, 10:32:26 AM
Hey,

Riba is a problem with cryptocurrency because Islamic banking sees alt coins as currency rather than a commodity and although it may be closer to Islam ideals than fiat coins currently are, the current practice is to buy cryptocurrency as a commodity to sell at a later date when the price increases.

The fact they are all capped at a certain amount upon creation does mean that the price is not subjected to inflation if the scale of value is not based on the price of regular money.

Cryptocurrency can claim that the blockchain information can track Maysir, Qimar or forms of Gharar but Riba can only be truthfully avoided when the cryptocurrency can be treated as a fiat currency. ie. Available offline and capable of being traded independently of any trading forum.

Currently, there is only one cryptocurrency that claims to offer this, so currently there is only one cryptocurrency that complies with all of Shari'ah rulings which come primarily from the Qur'an, and that cryptocurrency is Electroneum.

Tagging something with "halal" does not automatically make it Islamic. As Allah is, among many other things, an advocate of wisdom, frugal ignorance is not recommended with ridged banking rules. I don't mean to discourage your altcoin, just to advise that it is not the most compliant to Islamic banking.

If you think I am totally wrong about this, please let me know. Information can be just as valuable as the coin.

Many Thanks
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