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341
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Economy / Speculation / Re: Bitcoin $10,000 in sight !!!
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on: August 13, 2017, 01:54:20 AM
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I have invested in Bitcoin for only a few months.
After experiencing serious ups and downs ... & reading up through the forum
and understanding of this revolutionary idea, however, the sky does seem to be the limit.
What do you think ?
I think that long term wise, bitcoin can literally go anywhere. But right now, it has simply increased too much too soon.... I'd be careful with investing a lot more right now since the pumps have already come. Of course, the segwit activation probably will increase the price level even more but idk, it just doesn't seem very sustainable atm. $10,000 is going to be 2.5x the current price, I do not think that this is going to soon. Or at least in this year. In 4 years, $10k would be a piece of cake. |
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342
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Other / Archival / Re: Enjincoin ICO team behaving suspiciously like a scam ICO operation
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on: August 12, 2017, 11:19:23 AM
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I just read the OP and I personally completely agree with cryptodevil.
When someone has 7, 10 years of experience in something, they must have some sort of presence on the web right? It doesn't even need to be social media(but hey, any professional should have some sort of social media to showcase their resume, e.g. linkedin), it can be mentions in other projects and whatnot.
IMO this is something that is overlooked time and time again, people assume that these are real people, without searching up the names themselves. And more and more ICOs are starting to do this...
It's like hiring someone on fiver to do your video, and in use their photo. It's done, just search it up. Ponzi scammers use it all the time to make themselves seem legit.
BTW, why is the sig campaign still running? Why hasn't Decoded stopped running it, even though there are obvious indicators that this may be a scam? I wouldn't go as far as tagging everyone advertising for Enjincoin, but the manager has to stop running the campaign when legitimate suspicions like this arise.
You just read the OP you didn't read the team comments, there is very good proof the team is real. Just read the thread properly don't just read one side of the story. It's all in this thread, nice and easy and well explained. And no a professional of even 20 years doesn't have to have an online account if they care about their privacy or they don't need it. And no, these 3 people have Enjin's own forum accounts, Slack accounts, etc, with thousands of posts. There's even a picture with Lilia holding a "Hello Bitcointalk" sign that matches the picture on the website as well as videos with her voice from 7 years ago. The Enjin team said above they will be doing a hangout with their team members so everyone can see them live. Hope that puts a stop to this nonsense. It's becoming silly now. I did read the whole thread. Explain then why this Lilia woman is a social media expert, but has no social media whatsoever? According to you, they don't need it. Oh wait. Their whole job revolves around social media! Best case scenario, she has been operating under a fake name. Worst case scenario, she is just a hired actor. I'm not trying to hate on anyone. I'm just saying that this ICO for everything BS needs to be stopped. If they can provide proof that they are all part of the team plus all competent at what they do(e.g. proof that lilia is a social media expert) then awesome. I'll wish them luck with the ICO. But if the community decides to just give up criticizing ICOs for scammy or dodgy behaviour then people are just going to get scammed, and these shit ICOs are just going to keep popping up. Why are you defending them? Look at your post history. You literally posted like 15 shitposts on offtopic in june and then come back alive and all of a sudden defending Enjincoin with long essays. |
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343
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Other / Archival / Re: Enjincoin ICO team behaving suspiciously like a scam ICO operation
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on: August 12, 2017, 10:58:39 AM
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I just read the OP and I personally completely agree with cryptodevil.
When someone has 7, 10 years of experience in something, they must have some sort of presence on the web right? It doesn't even need to be social media(but hey, any professional should have some sort of social media to showcase their resume, e.g. linkedin), it can be mentions in other projects and whatnot.
IMO this is something that is overlooked time and time again, people assume that these are real people, without searching up the names themselves. And more and more ICOs are starting to do this...
It's like hiring someone on fiver to do your video, and in use their photo. It's done, just search it up. Ponzi scammers use it all the time to make themselves seem legit.
BTW, why is the sig campaign still running? Why hasn't Decoded stopped running it, even though there are obvious indicators that this may be a scam? I wouldn't go as far as tagging everyone advertising for Enjincoin, but the manager has to stop running the campaign when legitimate suspicions like this arise.
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344
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Economy / Scam Accusations / Re: SCAM: shms
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on: August 12, 2017, 10:50:08 AM
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This user has multiple user ID's. shms is the main one I know of. Offers similar listings for 6-7/year for a AWS VPS. I will try to find the other usernames, updated with more detail as requested. What happened:: Offers AWS VPS only to take your BTC and kill the VPS and stop contact with you shortly after paymentScammers Profile Link: https://bitcointalk.org/index.php?action=profile;u=1061422 Reference Link: https://bitcointalk.org/index.php?topic=2013933.40 Amount Scammed: 30USD (2xpayment)Payment Method: BTC to 1NUnFvo2QzhTN3gjnFB7Nr3gZQkhksiNpf Proof of Payment: txtid fbbd7cf657d94461736933eaef01f88915e64ab999e37ede3445d06abb7396f5 PM/Chat Logs:
bitcoin seller: as i need btc to pay inoivce and i dont have any btc
bitcoin seller: it very impotratnt to me pay this invoice
bitcoin seller: can give u 10 vps for 21 usd btc 
bitcoin seller: please 21 usd here
bitcoin seller: 1NUnFvo2QzhTN3gjnFB7Nr3gZQkhksiNpf Additional Notes: This user has multiple threads offering cheap Windows VPS through AWS, he will take your money, the VPS will stop working shortly after and he will ignore you. AVOID THIS SCAMMERThanks for laying this out in the correct format. Just a heads up though, for chat logs you should take screenshots or videos instead of having the whole thing copy pasted. How can he shut down the VPS if it's hosted by Amazon? I don't understand this part, i'm quite a noob when it comes to tech so sorry if this is a dumb question. Though I mean, you could have just gotten AWS vouchers instead of buying the VPS direct from him. Either way, make this a lesson for yourself. Don't make the same mistake, please please please. Use escrow, no matter how small the amount is(unless if transaction fees outweigh the risked amount ofc). I think this is enough proof to warrant a negative rating, though. Some DT member please negatively rate him. |
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345
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Economy / Exchanges / Re: MTGOX is solvent again.
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on: August 12, 2017, 06:47:37 AM
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Very hard to believe, and just like mentioned above; 1 btc for 1 btc, don't dare to call yourselves solvent because the btc price went up.
Let's calculate it the other way, gox you owe 10x as much money now.
Well they are solvent technically due to the price rise because i'm pretty sure that their debt is denominated in USD price, based on the price per bitcoin and the amount thta you are owed by MtGox at the time of the court hearing or whatever. Bitcoin is not recognized as legal currency in the US. However i do agree with you that it is extremely unlikely that Mt Gox is going to return any coins. It would be a miracle if they did, because as someone else said, Cryptsy etc., never repaid their debts in full. You'd be lucky if you got 10% of what you were owed with Mt Gox. |
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346
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Economy / Service Discussion / Re: Bitfinex is dropping their US customers
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on: August 12, 2017, 06:40:36 AM
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https://www.bitfinex.com/posts/216Service Changes for U.S. Customers
Bitfinex is making changes to the services we provide to U.S. individuals. These changes impact the verification process and trading of certain digital tokens for U.S. customers. Some changes are effective immediately, and others will be gradually implemented in the coming weeks.
Suspension of U.S. Individual Verification Requests
We regret to announce that, effective immediately, we will no longer be accepting verification requests for U.S. individuals.
We have for some time considered pulling away from the retail marketplace in the U.S., and now with a current backlog of verification requests and ongoing difficulties in providing USD deposit and withdrawals for U.S. individuals, we feel that the time has come to begin disengaging from U.S. retail customers.
Several factors have gone into this decision:
While we have been able to normalize banking for some corporate customers and individuals in certain jurisdictions, compliant banking solutions for U.S. individuals remain elusive. We have been slowly and selectively inviting users in particular jurisdictions who meet set criteria to start using banking channels that have come online. This process is ongoing.
A surprisingly small percentage of our revenues come from verified U.S. individual accounts while a dramatically outsized portion of our resources goes into servicing the needs of U.S. individuals, including support, legal and regulatory.
We anticipate the regulatory landscape to become even more challenging in the future.
Bitfinex is not based in the United States. Exchanges based in the U.S. are better positioned to properly service retail U.S. customers.
We are thankful to all of our loyal U.S. customers that have consistently traded with us but, unfortunately, we have an obligation to our whole customer base and to our shareholders to make rational resource allocation decisions.
Furthermore, over the next 90 days, we will be discontinuing services to our existing U.S. individual customers. We will be communicating further with affected users on timing and specifics. Our intention is to reduce disruption as much as possible for our U.S. customers.
We will continue to take advice and implement further changes as circumstances warrant.
Restrictions on U.S. Persons Trading Certain Digital Tokens
Pursuant to the recent report of investigation issued by the U.S. Securities and Exchange Commission, Bitfinex is taking the proactive step of barring U.S. customers from trading certain digital tokens that may be deemed securities in the eyes of the SEC.
The restriction will generally apply to ERC20 tokens issued through "ICOs" and will go into effect at noon UTC on Wednesday, August 16, 2017. No trading of these tokens will be allowed for U.S. customers. At the time of this post, the tokens active on Bitfinex that will be subject to this restriction are EOS (EOS) and Santiment (SAN).
Once again, we regret any inconvenience this change in policy might create, but we believe this to be a prudent measure given the regulatory uncertainty surrounding such digital assets. Seems like that they are scared by the fact that BTC-e basically got brutally taken down by the US government, and they want to vaoid the US government as much as they can because they know that even with their KYC standards it might not be enough. And plus as they said the effort and money put into handling US side of things is just too large. Most of Bitfinex's users aren't even US citizens, meaning that discontinuing US users will lessen their profit, just not by a very large margin at all. Just use some other exchange if you're in US and still want to trade. Most of them are still open for US, but some ban specific states. |
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347
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Economy / Scam Accusations / Re: Warning fake web site cloudmining SCAM kanockpool.com
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on: August 12, 2017, 06:34:16 AM
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Just thought I'd post it here in case anyone came across it. Yes it's a cloudmining scam and has nothing to do with me. They've even copied the stats from my pool web site, claiming they found my pool's blocks  The scam: https://kanockpool.com/Pretty obvious scam, but in case it wasn't obvious to anyone, stay away from it. Thanks for the heads up. Should be clear to anyone that this is a scam because of the fact that they are running a cloud mining scheme without any sort of proof that they actually own any rigs in their possession. Plus the fact that you, the owner of Kano pool, have not said anything about it. They made the site look pretty good though, gotta say that. At least better than average scammer standards. I doubt they're even a ponzi scheme. They're just going to take your deposit and run, that's the most likely scenario since they are impersonating someone. |
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348
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Economy / Service Announcements / Re: New Cloud Mining Service - HashCan, Created by WageCan
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on: August 10, 2017, 08:05:45 AM
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Can you guys provide any sort of proof so that the investors know that you guys aren't just running a ponzi scheme but are actually mining the cryptocurrencies that you say you are? For example which pool do you operate or mine in?
I mean your main site is obviously a bitcoin debit card, i have somewhat heard of it before, it's not a big operation by any means though. Just wagecan's reputation isn't enough to back up the cloud mining without any proof of hashing power, imo.
I'm sorry, but there are just so many ponzi schemes hiding under the name of a cloud mining operation in recent days and newbies are falling for this becaues they don't know much about the bitcoin world.
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349
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Economy / Service Discussion / Re: Is Yobit.net Investment Good or Scam?
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on: August 09, 2017, 11:07:00 AM
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Link of Page: https://yobit.net/en/investbox/They promise to pay 0.02% a day on BTC, daamn, Means i invest 5 BTC and i can get 0.3 BTC a month?? Is it true?? Or a Scam?? Yobit has been operating for years now, even though their customer support is pure BS i don't think that we can classify them as a scam exchange. They are an extremely shady operation yes, but not just outright scam. But this investment plan that they offer is 100% unsustainable. The fact that they don't tell you how they are going to spend your investment to gain that type of profit is just a dead giveaway. They are likely to be running a ponzi scheme and when the scheme collapses yobit will go down with it because this investment is backed by yobit. 0.2% a day for bitcoin is just ridiculous. Even leveraged casino bankrolling won't get you that much. |
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350
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Economy / Scam Accusations / Re: New Casino ZoomDice.com IS SCAM !
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on: August 09, 2017, 10:43:17 AM
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Would you be able to provide any sort of proof of solvency? If you want to restore your trust on the forum then this is something that you need to do. Sign a message from one of your addresses that holds at least 10 BTC to prove that you'll have enough funds to pay out the winners if they win. If you don't know how to sign a message, see here: https://bitcointalk.org/index.php?topic=990345.0Otherwise, your red trust is probably here to stay. Good job on repaying Attitudeless, though. But you still need some sort of signed message as proof that you're not gonig to make the same mistake twice. |
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351
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Economy / Speculation / Re: Can bitcoin penetrate the price of 3500 USD at the end of 2017 this?
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on: August 09, 2017, 10:36:23 AM
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With the rise in bitcoin prices now when I made this topic has reached the price of 2769 USD, my hope can be translucent 3500 USD until the end of the year.
How do you respond about it, can or not bitcoin will reach that price?
The all time high for this month is actually very close to $3500, actually just under it. I think that the possibility for $3500 is at least 90% if not even more. Segwit just got locked in today which means that people are going to actually enjoy the benefits of Segwit instead of just talking about it in a couple of weeks time. When Segwit actually gets activated on around the 22nd that is when i think the real pumps are going to begin. And that is only the end of the month and by no means near the end of the year. If some whale decides to dump then it's another story but i don't think anyone would be into dumping atm. |
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352
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Economy / Service Discussion / Re: Bittrex User Narrates How He Almost Lost His Funds To A Phishing Site
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on: August 09, 2017, 10:23:29 AM
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I think a huge part of the problem is that google is allowing these sorts of ads to pop up on their search engine when someone searches up bittrex. I remember in the past bitcoin mixers were targeted, for example bitmixer and bitblender. Google needs to ban these types of ads, and people really need to be more careful when they type in the URL of a web address. I mean how is it even possible that the guy typed in l instead of i in the first place? They're like on completely different rows -_- I believe that bittrex also has some responsibility in preventing fraud from happening by registering all similar URLs beforehand so that it redirects to the legit site. |
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353
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Economy / Economics / Re: CNBC hosts are worried about BTC being x3 oz of gold
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on: August 09, 2017, 10:16:10 AM
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https://www.cnbc.com/video/2017/08/07/bitcoin-hits-all-time-high.html?play=1This is a must see. It's fun to see these clueless guys at "this bitcoin thing" going so high. They said they are worried because now BTC is worth 3 times an oz of gold. If only they knew this is only the beginning. I think it will take for BTC to reach $10,000 for them to accept the new Bitcoin reality, it's then when all of these rich boomers will be getting into BTC and the price will go parabolic. I don't know. The media always seem to not believe whatever the heck is happening with bitcoin and they always seem to blame it on some sort of bubble that is forming that will soon crumble and crush bitcoin to absolute 0. But we all know that ain't happening, at least in our lifetimes. 3x oz of gold is literally nothing. Remember that the market capitalization of gold vs market capitalization of bitcoin is still a long long way in between. This is why bitcoin has so much potential, i believe that bitcoin is the superior currency, once it gains trust it can easily get close to or even equal gold's market cap. |
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354
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Economy / Exchanges / Re: who would have thought: Btc-e coming back this soon!
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on: August 09, 2017, 07:32:23 AM
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So further updates: Update4!
Current information:
1. We were able to access our databases and wallets, at the moment we are evaluating data and balances on koin, this information will be made public by the end of next week.
2. We confirm that the main streams of the threads have been sent to the service through Mayzus Financial Services Ltd and at the moment they are arrested.
Best regards support btc-e There could be a possibility that BTC_e is going to refund everone. That is what they are promising anyways. I personally think that there is a greater chance of them just not refund anyone than there is a chance of them refunding everyone successfully. Pretty sure that that Alexander guy not being in any BTC-e position was BS, though. Domain is still seized atm, so i don't thinkthere is any chance of them making a comeback. Best that there is is going to be them refunding everyone. |
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355
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Economy / Economics / Re: CNBC hosts are worried about BTC being x3 oz of gold
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on: August 09, 2017, 06:19:27 AM
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Well most of the media does not have any idea what the heck bitcoin is or why it is intrinsically value. All they see is bitcoin going up and up every single year and they assume that it is a bubble/or it is a scam without considering the market conditions at the current times.
A lot of people are definitely misled by these people, in my opinion. That’s why you see on the youtube comment sections of videos about bitcoin so many people saying bitcoin is going to be a bubble that will burst very soon without having any idea what they’re talking about.
Bitcoin at 3oz of gold is still a heck of a deal in my opinion. There are around 5 billion ounces of gold compared to 21 million bitcoins. When you consider the fact that bitcoins are just the same as gold in terms of mining and a maximum cap of coins, bitcoin is like a better version of gold.
But whatever, they’re entitled to their opinion even though it’s false.
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356
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Bitcoin / Bitcoin Discussion / Re: [BREAKING NEWS]: SegWit Lock-in Today 8th August 19:50 UCT
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on: August 09, 2017, 05:53:17 AM
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It’s locked in now.
Anyways this is exciting stuff, finally something is done.
I know that people have expected this to happen basically since the beginning but nobody really knew when it was going to happen. We’ve been waiting for years for something to be done and even though we expect it to happen, for me it is still exciting.
Price should be going up, in my opinion. But probably not a lot, maybe like $50-100.
The real pump should be coming later this month when segwit is actually activated. Currently it’s just locking in the plan, not activating.
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357
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Bitcoin / Bitcoin Discussion / Re: Paying Jack & Jill in same tx - do they see the other payee & change balance?
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on: August 08, 2017, 11:14:30 AM
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Say Julie pays Jack and Jill 0.10 BTC each in the same transaction, from an address with 2 BTC in it. Can Jack and Jill both see that the another address got paid, and that Julie has ~1.8 BTC left over? Am I understanding that right?
Essentially. All records on the bitcoin blockchain is public to see. If Jack receives something from a transaction that has multiple recipients then he is able to see all the other recipients that got sent money, and how much. Furthermore he can see how much tx fees you paid, the specific inputs that you used, etc. etc. However there is really no way that he can be 100% sure that the 1.8 BTC wasn't sent to someone else, but rather sent to a change address if you do use change addresses. If you don't then yeah, everyone can see that to. If you don't want one of them to know the other got paid because it's top secret, then use a bitcoin mixer like Bitblender. Even using different addresses from the same wallet might be able to linked. |
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358
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Bitcoin / Bitcoin Discussion / Re: Is it possible to exchange bitcoin for american express travelers cheque?
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on: August 08, 2017, 11:05:11 AM
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Is it possible to exchange bitcoin for american express travelers cheque?
Well, i'm pretty sure not directly. I've checked for you on localbitcoins and it seems like nobody is buying bitcoin with travelers checks, and no centralized exchange will do this for you either pretty much because it's not a very safe way of depositing money(could be reported stolen etc.). What you can always do is though: a) exchange bitcoin to your fiat currency b) go to your bank branch c) buy travelers checks from them. IT's a hassle though and will involve fees. Just use cash, man. Why do you even need checks? I mean nobody accepts it anymore lol |
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359
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Economy / Exchanges / Re: Poloniex, Bitfinex, Bittrex... completely full of problems
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on: August 06, 2017, 06:07:48 AM
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When I see the Exchanges section in the Service Discussion every day, there's no single day I don't see a complaint against one of these exchanges.
Now, I understand that every company with a rather big amount of users is going to have complaints.
However it is unreasonable that there are so many complaints and so many problems with all three exchanges I mentioned.
Do you think they are purposely making some of these problems "appear" it is it just a consequence of the increase in volumes in the last few weeks?
Even if that's the reason, they have no reason not to hire more people and get better servers.
I am not happy with Kraken's trading engine, but I've not heard any horror stories about accounts being blocked or withdrawals being "stuck".
Indeed, it seems like that in recent days a lot of exchanges just are having a lot of issues with withdrawals, deposits etc. I don't think that it's because of the high trading volume because the trading volume in bitcoin hasn't actually incerased that much. What has increased is only the bitcoin trading volume. Personally i just think that firstly there is an influx of new users, meaning that there is a heavy load on the support system that a lot of exchanges are dependent on because they can't just put their site on autopilot and secondly, a lot of exchanges seem to think that they are too big to fail now that they've gained reputation and slacking off. Especially poloniex, in my opinion. Nobody should be using them. |
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360
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Bitcoin / Bitcoin Discussion / Re: Bitcoin: A Hedge Against The $152 Trillion Ponzi Debt Bubble
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on: August 06, 2017, 05:29:20 AM
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Bitcoin: A Hedge Against The $152 Trillion Ponzi Debt Bubble Article: https://cryptohustle.com/bitcoin-a-hedge-against-the-152-trillion-ponzi-debt-bubbleGlobal fiat issuance of currencies in the form of banknotes as well as credit has been devaluing the wealth of cash savings, fixed incomes, and paychecks. Excerpt from article: ... "...According to Bill Gross, a billionaire bond manager, Bitcoin has the potential to counter central banks. Many people within the legacy system are critical of negative interest rates and quantitative easing, yet the fundamental problems are rooted at a much deeper level. The entire economic credit structure operates like a convoluted Ponzi scheme, and requires an overhaul from the ground up. The Fractional Reserve Ponzi Scheme The history of banking goes all the way back to goldsmiths who issued out receipts for physical gold stored in their vaults. The gold was kept secure and the receipts were traded as the first paper notes. ..." [continues on] Great summary. I think a lot of people forget what bitcoin is created for. In my opinion bitcoin isn't just some sort of magic internet money that is designed to be an investment. Instead it is capable of providing a store of value to those people who do not have any access to otherwise. Fiat currency is going to be depreciative by nature because the government can and will abuse their power to print as much currency as they possibly want. Sooner or later every single fiat currency will die. There are no surviving fiat currencies in history. search it up. Gold and silver are good store of values, and bitcoin is like gold v2.0. It's much easier to carry around(in fact you don't carry it around) and it's much more accessible than gold. |
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