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1  Other / Off-topic / Re: Looks like YoBit.Net got hacked! on: October 12, 2018, 12:15:35 AM
Haha! No doubt about that. This "exchange" had/has a bad reputation for being a scam exchange too. Also, ironically, their Twitter post still up after 24hrs... Maybe it wasn't a hack and they really want to go through this p&d? 🤔
2  Economy / Scam Accusations / [SCAM] YoBit.net Pump on: October 10, 2018, 05:00:03 PM
Please do not fall for this "pump"!

It appears that Yobit.net exchange has been hacked and they are announcing some sort of pump which is obviously fake and not true.
At the moment of this post, it appears that a timer to countdown for the pump has been removed from their website but twitter hasn't been fixed and people have gotten emails too.

Twitter:https://twitter.com/YobitExchange/status/1050035464609124352


Website timer


Email Blast
3  Other / Off-topic / Looks like YoBit.Net got hacked! on: October 10, 2018, 04:48:06 PM
Their Twitter got hacked:https://twitter.com/YobitExchange
Their website got hacked.
Their emails got hacked.

All say they are conducting a pump on their website. This is obviously illegal and would never be publicized this way.
4  Other / Off-topic / The year is almost over and everyone was wrong! Now what? on: October 03, 2018, 06:10:21 PM
Many of the big names in crypto predicted bitcoin to double, triple, quadruple, etc by the end of the year. We are now pretty close to the end of the year with only 2 months to go. It's pretty clear that bitcoin will not be at 40k this year (I may be wrong).

The question is, what have we learned?
No one knows what the market will do.

Most so-called crypto analysts are telling us that historically, bitcoin does well at the end of the year during the last quarter.
Any guesses on what bitcoin will look like by the end of December? Will it reach 10k?

Looking to see where most people stand on this. Clearly, these are all guesses and no one is right or wrong here. Let's hear it.
5  Other / Beginners & Help / Re: I received a job offer - is this legit? on: September 27, 2018, 07:52:21 AM
Hi!

I am a complete stranger to BitCoin, but I got offered a job described as 'customer service' helping a guy manage his wallet. He wants to create an e-wallet for me on localbitcoins.com, put his money in and then for me to carry out orders for him as he sends the details on. It seems super straight forward, and he says he is too busy to do it all himself.

Is this a legit job offer? Is it even legal? I have no idea how this stuff works and I have been trying to research it all. I don't want to agree to something that will get either of us in trouble.

I'd appreciate any help on the matter. Thanks.

Sounds like some kind of scam or a way to have an innocent person take the blame when things go south. No one is too busy to manage their own money.
6  Other / Beginners & Help / Re: Solution to avoid SCAM ICO!! on: September 27, 2018, 07:41:55 AM
Make a simple check:

1-Check the domain: http://whois.domaintools.com
If there no real contact or human, why you want to trust your money this guys?

2-Check the team:
(Use https://pipl.com or https://pimeyes.com/en/ this page using pics to find the person on internet)

3-Check for marketing bots:
https://socialblade.com

Only this 3 checks will take 5 minutes to see, is a ICO an SCAM Shocked

ligth crypto!



I literally just tried to follow these 3 steps and they were absolutely not helpful at all.

1. Some project use agencies to get their websites built and therefore the name of an agency or company is listed instead of a person's name. Also, some domains allow for private registry so you can avoid having your personal info our there for every weirdo to just look you up.
2. I had better luck just googling the person's name and country that I took from their website or white paper than using either one of the tools you listed. The pipl.com returned with no matches and the photo one was very inaccurate.
3. I have no idea what I'm looking for that will help me identify bots with this site.

What I suggest instead is doing real research that requires more than 5 minutes and 4 websites.

The reason why so many people got burned during the ICO boom last year was due to greed. Most people just heard stories of others getting 100x their investment and got greedy and lazy so they just followed what others were telling them to do. That's just dumb.

At the end of the day, investing in ICOs is the same exact thing as investing in traditional startups. Most angels and VC's know that even when you do your due diligence, you're going to have a couple of winners and you will have mostly losing investments because that's how business works. 90% of new business fail during the first year. What that means is that if you invest on 10 ICOs/startups, 9 of them will make you lose all your money and if you're lucky, one of them will make you enough money to recuperate your losses and then some. This doesn't mean 9 of them were scams! This just means that business is tough.

There's a reason why you have to be an accredited investor in order to be able to invest your OWN money. You have to meet a certain level of liquidity and prove that you know what the hell you're doing when it comes to investing. This is so that when you lose it all, you're not in the streets crying to everyone about how "all these startups are scams" and they just wanted to take your money... Boo Hoo!

Now, when you look at the type of people who were investing in ICOs last year, most of them were a bunch of greedy people who thought they could get rich with crypto. Well, guess what? When you have no experience investing in anything and you still do, you can't be surprised when you lose it all.

That said, there are plenty of ICOs worth looking at and considering investing in. You just have to actually do so damn work in order to find the good ones. Use common sense, be patient and do a TON of research. If you think you've done enough research, do some more.

Rant over! Sorry!


7  Other / Beginners & Help / Re: Localbitcoins explanation on: September 27, 2018, 05:18:11 AM
Can someone explain to me the main purpose of platforms like Localbitcoins, Bisq, Paxful, HodlHodl, Localethereum, Altcoin, Vicex? I try to look into Localbitcoins and see that people set demanding rules just to buy their bitcoin. Also, the price is usually more than what the current rate of bitcoin is. I'm really clueless about why anyone would use such platforms. What's the benefit?

you can buy bitcoin quickly---without waiting days or weeks to get verified at an exchange and then wiring money there.

p2p exchanges are also virtually the only way you can trade without KYC verification, and it's the only way to trade for cash. even localbitcoins now has volume thresholds that trigger KYC requirements. i believe the smaller p2p exchanges don't have KYC yet, but some individual high volume traders will demand ID because they're worried about getting arrested for unlawful money transmission.

I guess I don't really get why any "regular" person would be worried about KYC verifications. I mean, if they're already getting paid in check or direct deposit by their employer, then that means their bank knows exactly how much money they deposit and withdraw. On the other hand, if a person is making cash on the side or even full-time, then I can totally see why they would want to go this route. I guess I'm still confused why so many people use it? They can't all be making unclaimed cash...
8  Other / Beginners & Help / Re: Localbitcoins explanation on: September 27, 2018, 05:11:04 AM
You can trade cryptocurrency for fiat or vice versa in a peer-to-peer manner for some of the exchanges you listed. Meaning, you can simply meet up in person and pay/receive cash. This is great for people without PayPal or bank accounts and if you want to be more anonymous.
Ok, so what I gather from everyone's responses is the benefit of being anonymous. Because it's clear that it's not cheaper and is not necessarily faster unless you're physically meeting a stranger.
9  Other / Beginners & Help / Localbitcoins explanation on: September 26, 2018, 11:42:26 PM
Can someone explain to me the main purpose of platforms like Localbitcoins, Bisq, Paxful, HodlHodl, Localethereum, Altcoin, Vicex? I try to look into Localbitcoins and see that people set demanding rules just to buy their bitcoin. Also, the price is usually more than what the current rate of bitcoin is. I'm really clueless about why anyone would use such platforms. What's the benefit?
10  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple the next bitcoin? on: September 21, 2018, 04:41:35 PM
Haha ripple will never be the next bitcoin
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum long-term outlook? on: September 21, 2018, 03:40:09 PM
Will Ethereum continue to be the go-to platform for ICOs, projects, etc or those days are over?  I realize no one is a fortune teller. Just looking for opinions and overall sentiment.
it will but this time all of sentiment of ethereum have been following bitcoin. it gets a little increase when bitcoin gets increase on its price, It's not over and so many icos are still using it right now. Remember another smartcontract platforms fail to steal ethereum's demand. this time a lot of people are still worrying about ether dump.

Yes, that makes total sense. Bitcoin is the safest bet at the moment.
12  Alternate cryptocurrencies / Altcoin Discussion / Ethereum long-term outlook? on: September 21, 2018, 12:30:17 AM
Will Ethereum continue to be the go-to platform for ICOs, projects, etc or those days are over?  I realize no one is a fortune teller. Just looking for opinions and overall sentiment.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: How to Choose a Good ICO on: September 18, 2018, 04:14:05 PM
You should check out NeuronChain. We offer good product and services. We'll launch very soon so stay tuned.
Ethereum is generally regarded as the first second-generation blockchain that made it possible to create an application-specific logic in the blockchain network. Nevertheless, the first and second generation blockchains are capable of transmitting data or value within the network only, thus, lacks certain features that NeuronChain has right now.

Learn more about us here: http://neuronchain.io/

We definitely need more advanced platforms that solve many of the issues we still have today. Interested in what you guys have to offer.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: Which ICO project should I choose? on: September 14, 2018, 01:57:56 AM
You must be careful on where to invest these days. Choose ICOs that has a good vision and has a great product. You should check us out!
As of June 1, 2018, the time of generating one block on the Ethereum blockchain was 14.73 seconds. At peak loads, block generation speed drops more than two-folds. Unlike other blockchain solutions, NeuronChain system provides super fast transactions.

Visit our website here to know more: http://neuronchain.io/

What would you consider super fast transactions?
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