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1  Alternate cryptocurrencies / Altcoin Discussion / Re: The Oyster Pearl scam on: April 07, 2018, 06:00:09 AM
I personally think there is a high chance Oyster is a slow bleed scam from the DEVS. CEO is Anonymous, that is such a bad way to do business. He can dump all his coins on the market and exit scam the PRL holders without any accountability.

Why start a business and try to raise millions of dollars without anyone even knowing who you are, this is what is wrong with Crypto. If things go wrong there is a good chance he can exit scam everyone instantly.

He was trying to raise 500ml dollars at the ICO, he obviously has greedy motivations as CEO and ambitions outside of simple online storage.
The whole point of crypto is to help people stay anonymous while performing financial transactions online without any sort of interference from the government, banks etc. It is completely understandable why the CEO of PRL decided to stay anonymous and no one can hold him/her accountable for anything due to the anonymous nature of this market. I have already earned thousands of dollars through this project and I do not believe that this project is a scam inspite of the disturbing sell walls which op talked about. The current bear market has clearly hit this project hard, but I still support it.

That is total garbage, Crypto is not about creating businesses and having anonymous CEO's. It was originally about having decentralised economies were governments cannot just print unlimited amounts of wealth and create disturbances for the citizens in the process. Anonymous transactions is not entirely true, all records are stored on the block chain, thats why we have privacy coins now.

Don't try and use Crypto as a way to hide your identity and collect millions of dollars in ICO's to fund your business plans, and then get all altruistic about it. Who you trying to kid?

2  Alternate cryptocurrencies / Altcoin Discussion / Re: The Oyster Pearl scam on: April 07, 2018, 05:27:35 AM
I personally think there is a high chance Oyster is a slow bleed scam from the DEVS. CEO is Anonymous, that is such a bad way to do business. He can dump all his coins on the market and exit scam the PRL holders without any accountability.

Why start a business and try to raise millions of dollars without anyone even knowing who you are, this is what is wrong with Crypto. If things go wrong there is a good chance he can exit scam everyone instantly.

He was trying to raise 500ml dollars at the ICO, he obviously has greedy motivations as CEO and ambitions outside of simple online storage.
3  Economy / Web Wallets / Re: Password encryption on: March 03, 2018, 04:42:54 AM
Op, why don't you simply store this password offline - just write it down on the piece of paper and hide somewhere.
Paradoxically it is probably the best option to store securely your password. Even if someone will find it, they wouldn't have an idea what is it really.


I am living in my campervan, so that is not an option with out a safety deposit box. Stashing the password on paper somewhere in the van is not good, the van could get stolen.

No this is definitely not a good way of storing passwords.You are simply creating another layer of password to remember your old password with bunch of numbers and keys which technically at some level is encryption.Sadly,if you forget your combination of the new layer,your original password will be unrecoverable.Get a password manager or something if remembering passwords is that big of a problem for you.


Well I have the combination hidden in the 4 lines to help me remember, and i make it a rule to regularly open the file with the passwords, so far so good.
This is not something you forget, were talking big money at some point. Because I will be trading a bit, I will be accessing the file a lot, so no worries.
I have the secret combination to the password hidden in the mixed field, so i will not forget it.

The Nano ledger will come soon anyways, and a safety deposit box for the seed.

Obviously the original post is not the password, and is just an example.

I only ever access the file from a live cd.

All I have to remember is a simple combination of 4 characters, not 24 numbers, letters etc. Makes it really easy to remember, and if i forgot the combination it is written in the field anyways. I reckon it is a really good way to store the password.
4  Economy / Web Wallets / Re: Password encryption on: March 02, 2018, 03:34:35 AM
I'd rather recommend store your encrypted wallet, seed or/and password in secure location rather than only remember the password. If you're having difficulty manage your own password, use offline/trusted/secure password manager.

Use a local password manager.

If the password is for a BIP 38 private key, then use a passphrase.
Those are easier to store, and you can write them down , or split them into parts using Shamir's Secret Sharing Scheme.

And don't forget to write/keep the encrypted private key Roll Eyes


Thanks for all the feedback, yes I plan to store the paper wallet version in a safety deposit box at some point. Small holdings currently, when they grow big enough i will buy a Ledger Nano and a safety deposit box for the paper version.

I just wanted a secure way to store my crypto locally while the balance is still low.

Some good feedback,thanks.
5  Economy / Web Wallets / Password encryption on: February 27, 2018, 11:20:16 PM
eghtfyfyt>Y;9@FqERGRT&ly(:&Ruj$^j746*I&95O^*(p^*(KEytheTH#%^hy
Af`2FR24H65ik9-=J#56Y24T%1#$24h6u4k^*Ol;&);l$H^2$G%!35g424G%g
FQwrNIk-=:)?Y>EQGQgf24#%J%&K869l0790;790;tuim46j468i69O870P790p
qeg%hy^8kj&%(L^IK5&*k$^j74^J&$^j7u*&(L):-0UPO;yuRYhJ#%678YH2y


I am looking to store my password in a way i can remember years down the track.

I will have 2 passwords to access my private key.

The password is some where in this set of mixed numbers and letters etc.

20-24 characters long.

Question: Would this be a good way to store my password?
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