My account is restored now, but my funds are gone, Kraken confirmed my account was somehow compromised. No one has used my GMail, there is no evidence or traces left. Every login and device from the account history is my personal - only my home PC and phone. The attacker did steal the funds right AFTER my last deposit! He exchanged the BTC to ETH and then withdraw all of it. Here is a screenshot: http://images2.imagebam.com/cf/33/e7/24cfc61038333964.PNGWhat can I do now? You really can't expect to do much at this point. First of all, secure all of your devices and withdraw any of your assets that you still have online into a safe place (preferably into a wallet/address not generated by your devices). It could be entirely possible that your email or potentially all of your devices have been compromised, which would be the only explanation why nothing shows up regarding any potential intruders other than your own device on Kraken. That's the only step you can take at the moment. There is no chance that Kraken would be able to refund you or you be able to track down the hacked funds, though you could potentially ask them for more details (which I don't think will help much, honestly). |
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According to CNBC, federal prosecutors had launched a criminal probe into the cryptocurrencies earlier this year based on suspicions that their price was being manipulated. I think it might be the main reason behind the price of bitcoin dropping to around $4000, but I also wonder whether it could be that authorities are afraid that Bitcoin and other cryptocurrencies are taking over the financial system since they're now so popular.
There definitely could be concerns with that which led to prices plummeting. There may also be reasons behind this dump regarding the hard fork of other cryptos, they are all factors. But honestly, if these news came out in a bullish sentimented environment, I really doubt that prices would be affected this much. Only in a bear market do these news stick around and result in a panic dump, because weak hands who are merely speculating on the market to make a quick buck don't have the fear of missing out to buy into bitcoin anymore, like in a bull market. The cycles of the BTC market which has been shown countless times is the ultimate reason behind all these price dips imo. TBH, a price recovery seems very unlikely this year, but could happen in the next year after prices bottom out at $3-4k and move sideways a bit. Shouldn't be concerned at all though if you're holding for the long run, which I think most people here are doing. Short term dumps like these have absolutely no impact on how bitcoin adoption (both institutional and individual) and usage will go in the long term. |
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So blockchain.com is doing a $125mil XLM giveaway to their users, but they require a KYC to be done to qualify for it. I have seen a lot of people absolutely hate on them for that, what are your thoughts ? Do you think its basically a “Give us your personal info for $25” situation or are they really just doing it for the airdrop not being absolutely exploited by greedy scammers ?
I don't think that anyone trusts blockchain.com anymore like they used to after their promises were completely broken. But this does seem like a way of getting people to hand over their personal information, be able to link that personal information to the blockchain.com wallet that they are using, potentially, and match transactions to a person. I'd be cautious of this due to the fact that you're handing over personal ID to a company which has really not upheld a lot of their promises in terms of implementing features like Segwit, but handing over personal information to any third party service that deals with your finances over the internet is a risky proposition. At the very least, if you really want the airdrop, then don't use blockchain.com as your primary wallet afterwards. |
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Guys not sure if I posted in the right section, I'm brand new. Just want to give yall a heads up if you use this website for sports betting. My account was frozen and I got a message saying After a depth review from our team, we found that your account overlaps information with another account(s) with activity as well.
Now not only have I never made another account, 99% sure I never even misclicked make another account. I am 100% sure I have only made bets and deposited on my account. I only use sports betting , never played poker or even transferred funds to anyone. I have deposited over 35 thousand dollars on this website and have been a loyal customer for almost 2 years. I finally got on a roll and have been winning several tens of thousands and my account is frozen and I havent gotten support emails back after I explained myself. I got nothing to hide as I explained myself in my ticket to them saying I never used or heard of that account number you mentioned. I have this account and wouldent need another account nor try to defraud nitrogen.
I will let yall know what happened. But I just find it fishy after such a long time , they freeze my account once I have a good size bankroll.
Any updates to this? It's been a week, have they responded to you at all? As others stated, Nitrogen is actually one of the more honest sportsbooks in the bitcoin sportsbook scene. Solid reputation throughout the years, and I've definitely played numerous times at their site with quite a smooth experience. I think chances are that if you did nothing shady on the site you're most likely falsely flagged, and they will most likely be able to justify their actions and release your funds. Perhaps it's just something related to duplicate IP addresses somehow, but we don't know at this stage. You'd need to communicate with Nitrogen Sports support to sort it out. But I would always be careful with playing with large amounts of money on these services, as they could easily scam a selective few if the amounts involved are large enough. |
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I think it is not a coincidence that in the same days the stock market was red, the crypto market got red as well. There is a link IMO , so there is not reason to think crypto is worthless, or that it is less worth than stocks.I mean, it is not true that crypto crashed alone, while the rest of the world was happy. When the crypto crashed, usually other markets crashed as well, like in the last downtrend. Also, remember that the long-term profit that crypto gave us would not be possible with stocks. Now what should we do? I think that as the stock market begins recovering, crypto will follow. But it may be a slow process, i.e. we lost 15% in 2 days, but now it can take weeks or even months to go back to the previous situation or even better. This is because stocks are not going to recover fast: https://www.marketwatch.com/story/cnbcs-jim-cramer-says-stock-market-is-in-a-very-serious-correction-and-theres-nowhere-to-hide-2018-11-12I really don't think that there were any ties between this crash and the stock market also crashing. The US stock market was already correcting before this current bitcoin dump which sent prices down below the $6k support, and is currently sitting at between $4-5k which I believe will be the level that is upheld over the next few weeks. And stocks were already overbought way before the current correction in bitcoin markets, which means that an adjustment in shares prices was imminent and a matter of time. Bitcoin's crash I believe is completely independent as a result of its own reasons for happening, which led to a panic dump in the already bearish market, which is nothing out of the ordinary. In fact, i would have been surprised if prices didn't adjust down further within this bear market. I also don't expect bitcoin to recover only due to the stock market recovering. Bitcoin is a currency that is independent and decentralized from the traditional banking system, while stocks is a completely different market imho. |
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In my opinion, poloniex is one big fraud. Why? I already explain. I have a polonax account for 3 years there was never a problem sometimes delays in payments or withdrawals, but what happened to me was a catastrophe. I would like to emphasize that my account is verified with a personal ID !!. A week ago, my 2fa went down and I decided to remove it using the Poloniex Support. A simple thing, create a query and wait patiently. To my surprise, after the first ticket, it was closed after 40 minutes so I decided to write why then again it was closed without an answer. After one week and after 20 tickets, I did not receive a response and the funds on my account are frozen without the possibility of logging in by a faulty 2fa. Of course I have 16 digital conds to install google authenticator on another phone but it does not help. And so I was robbed of the savings that I accumulated for 5 years. So tomorrow I go to the lawyer and to solve the problem. I will inform you about the progress on a regular basis. Below I put the screenshot as evidence of idiotic behavior of help poloniex.   First of all, are you sure that you're not entering the 2FA code from the wrong site or for the wrong account on Poloniex from google authenticator? But regardless of that, the way that they treated the problem seems to be extremely unprofessional. I have no idea why they closed the support ticket which you opened without actually resolving any issues. Poloniex has demonstrated their growing untrustworthiness in the past few years and I've stopped using them personally due to all of the problems their customers are constantly reporting, as well as an unresponsive support. BTW, are your account funds actually frozen or is it simply that you can't get into your account? If the latter, I'd try to communicate with support and try your luck with asking whether you can be verified with ID (since your account is verified) to reset your 2FA to gain access to your funds. You could go the lawyer route, but I really doubt it's going to be worth it if the amount you've got on Polo is not that big. But anyways, don't store funds on exchanges. And that's for any exchange, not just for polo. |
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It seems like the graph stating that the bitcoin market price will turn back down. The chart has also implied that bitcoin has already reached its fame and it will just become a one hit wonder. Again, this because of the negative happening that news, FUD's that always keeping bitcoin agitated and struggling. If only people will tend to understand what is the purpose of bitcoin and why it was been created then probably things like this will not going to happen. As we all know that bitcoin has showed some benefits that a certain organization could integrate the system to make an easier, transparent through blockchain, p2p exchange, and no third party involve that could brought up huge transaction fees depending on the agreement.
However, the bitcoin system is still developing. This maybe struggle or challenge for the bitcoin system. In this year 2018 will be one of the basis for the possible outcome of bitcoin. What do you think of this system? Will Bitcoin achieve another milestone of achievement this year or will not? What could really happen to bitcoin before 2018 year end?
You're absolutely right in expecting prices to go down further in 2018. Even though some so called "experts" (cough cough Tom Lee) is saying that prices will recover by the end of the year to above $10k, I don't think that this is likely at all. As we saw with the dump from $6k now to $5k where the support is still being tested, the prospects of any long term trend reversals in the next few months seems to be completely out of the question. I fully expect more sideways movements, and occasional dips to test the support of $4k or even $3k potentially. But prices below that will see major buying resistance given that there's loads of people waiting to buy cheap coins at these levels, especially institutions, it seems. Bitcoin's adoption is nowhere near its peak in my opinion and regardless of what others say, it's definitely still only getting started. Long term investors shouldn't be fazed by this bear market, which is a common occurrence in all markets. |
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Hey guys!
I have some btc in my wallet and I believed in best but yesterday I watched some crypto news and everything seems to be even worse than I expected.
Some crypto experts told that till the end of the year Bitcoin will lose 50% percents and will come to 2500-3000$..
I don't know whether to believe in it or not.. There are so mane predictions these days.
What do you think about it? Is it still worth holding or it's time to sell everything and forget about it?
It is actually possible that bitcoin will tumble down further in the short term. Potentially to $5k or less. After all, we are in a bear market and when there is that much bearish sentiment in the market, any negative news regarding bitcoin can be magnified leading to dumps. But the main reason why I expect further dips at this point is that the bear market has only really been going on for 10 months or so, while the previous bear market lasted much longer than that. Given that halving does not come until 2020, it is extremely probable that these bottoms will continue to be tested in the coming months. But this doesn't mean that bitcoin's long term potential is diminished by any bit. The fact is that bull/bear market cycles happen both inside and outside of bitcoin and there is no reason to panic. Bitcoin's still got so much potential as a global store of value, and a decentralized currency. I wouldn't blindly trust what the "experts" tell you. If you follow speculative news at all, you'll realize that 90% of the time, they are dead wrong. |
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Hi, I don't know where else to go but here to bring attention to this. I have a wallet on this website called cryptomerchantbank.co. I have close to 1 btc there and I tried to withdraw it, but it wouldn't let me withdraw. It just gave me the withdraw confirmation screen and nothing happened afterwards. Nothing was deducted from my wallet. I tried submitting a support ticket but Im not even sure if it went through since it just said submitted and nothing more and I can't check the status of it. I don't know who I should contact to try to fix this and get my money out. Can anyone help my situation?
Edit: The email that they have on the website as well does not work
Unfortunately, you did get scammed big time. I'd say that your friend who gave you the URL of this site, as Potato Chips suggested, is definitely a part of the people that is behind this fake wallet and/or a promoter of this site. Might even be his full time job to lure people into using this service. But I'll tell you this, the vast majority of random BTC wallets that you find are complete and utter scams. Stick to the trusted ones that allow you control over your own BTC in the form of private keys, like Electrum. Don't trust random sites that people recommend to you without researching first. It's essentially sending BTC to random people and expecting them to hold it for you safely if you opt to trust in these scam sites blindly. We've actually seen another person get scammed by the same site in the past few days as well. I really wonder if this is happening on a large scale with this particular site, and what methods they are doing it by. |
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Really, why would anyone believe in a project which uses blurred photos of their team. A clear attempt at trying to cover up their scammy behavior here. And not surprisingly, it's another project that is using that generic front page design that so many other scam ICOs have used in the past. -snip-
Seems like you just caught a few other scam ICOs as well, in Onecashnet, and BloodBTC. The line is also plagiarized countless times on both ICOs and mainstream websites, perhaps from a preexisting template. Their idea of their project also seems "too good to be true", I mean, I sincerely doubt that a company of their caliber will ever be able to get such big partnerships going: Conclusion of partnerships with at least 5 of the top 10 gold mining companies in the world, the one-click availability of converting and depositing national currencies and cripto currencies in Nary and 1 Nary = 1g equivalent will create a good the premise for becoming a Nary of a global currency.
Even if they do not scam you initially, you're still trusting them a ton to uphold the value of their crypto tokens and back it fully with gold all the time, which is extremely unlikely. The sale has not started yet and website doesn't seem finished, so I'd watch out as they try to enter Bitcointalk to announce their scam now. |
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I don't know how people believed so blindly in a poorly translated article or whatnot. Perhaps it was a directed attempt by the media to make it seem this way, in order to make things seem more positive in the bear market for whatever reason. But anyways, even though this obviously isn't true and the ban was never lifted, there are interesting things that came out of this. “Although Bitcoin may not be legal currency, that does not prevent it from being protected by law as a property," said SCIA in the released case analysis. "The Party contends that Bitcoin has characteristics of a property (SOV) that can be controlled by the owner; it has economic value and can bring economic benefits to the owner. This does not break any laws. This arbitrator agrees," the decision noted. I mean, this is actually quite reasonable. They are obviously going to be missing out on the crypto businesses that could have brought in immense investments in the future and in the present due to the vast amount of crypto players in the Chinese market, but obviously they decided to step another direction. But for now, at least, they are respecting individuals rights to hold, trade and transact with bitcoin. Hopefully it stays this way with this court ruling, as mentioned, it's not positive to the point that the bans on exchanges etc. are lifted, but even if they do change their stance one day to restrict bitcoin ownership, it will be impossible to enforce. |
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It seems to me there is much fear whether Bitcoin is legal or not in many places around the world. It isnunderstandable as most countries do not yet have systemic legislation on crypto assets, going as far as not even being able to legally define crypto currencies.
The answer to the question if Bitcoin is legal in such circumstances will depend on where one is from and the legal principles enshrined in their legal systems. In English common law system there is a principle that everything that is not expressly forbidden, is allowed. Try to find out if this is a principle where you are from. It has been adopted in many other countries as well.
Your starting point can be your consistution. If there is a general principle of freedom enacted in your constitution, it is a good start.
The next important principle in many legal systems is that there can be no crime nor criminal reprecusions if there was no previous law prohibiting certain acts as criminal (precisely), in latin: Nullum crimen, nulla poena sine praevia lege poenali, also: lege certa. This principle should be widely accepted around the world. Again, check your constitution. This principle guarantees that at the very least one will not be criminally persecuted for acquiring, holding or selling crypto assets if there was no law criminalising these actions at the time when they were executed.
I hope this will help the beginning of one's search if they are troubled by these questions. Well, technically, you'd have to have some sort of legislation that is put in place before bitcoin can be considered to be outlawed. However, a country can be very negative towards the adoption of bitcoin, and show signs that they are actively trying to restrict people's access to bitcoin, without necessarily having to have the legislation to back it up. For example, banning banks from dealing with crypto businesses and transactions by the RBI, which is not technically law. In that case, you never know when exactly restrictions are going to come down so you may want to be more careful when dealing with crypto services. But generally, you shouldn't be worried about an unregulated bitcoin market which is still the case in many countries at the moment, if there is no specific laws stating otherwise. And even if there was, I doubt that ownership would be illegal, it would be a trading ban at maximum in most cases. |
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What happened:: bitblender scam site, the link was clicked direct off darknetmarkets.org Reference Link: http://bitblendnlwdwxiy.onionAmount Scammed: 0.00105 Payment Method: Bitcoins Additional Notes: Deposited money on the quickmix section, deposit never registered on the website. Poof! money gone.  You were indeed scammed by a phishing site that was posing as the real bitblender, it seems. I've never heard of any major issues with the Bitblender when it comes to mixing coins and certainly they wouldn't risk their reputation for such trivial amounts. If you were provided that link from the site included in OP, then I wouldn't be surprised if that site was owned by the same person that operates these phishing mixers. When you are using any mixer, whether via TOR or on normal browsers, make sure that you are connecting to the right web address. And don't trust third parties, only trust posts on the ANN threads themselves. |
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Is this legit earnings? I've seen this site to pvot community. Referral job. Use the link to generate traffic ( Give 1 good comment or like where you post this link ) and earn money 5$ - 10$ for every unique visitor that clicks & visit your job link. Good places to start posting your link are social websites like Facebook, Twitter, Google+, Youtube, forums, chat rooms, blogs, etc. http://startdailyjob.com/ This is not promoting. I just asking for more information about this website if you are related this site earnings 😊 They claim that they've been around for "years". A simple whois lookup shows that they've been created around 2 weeks back. Another claim that they make is that they have thousands of members worldwide which I really doubt given the fact that they've only been around for this long. Site design is just terrible and cheaply made. I honestly don't know how you even came across this site. Do you really think that promoting their own links to get people to sign up while paying such high amounts per click is a viable business model? Just look at this and judge for yourself: When will I get paid?
The minimum balance required for payout is 300$ and you can get paid through PayPal, Cheque, Western Union, Money Gram, bank transfer at end of every month.
How much can I earn?
You can earn without any limits, it depends solely on your efforts and how much you work to promote your link. Many of our top members are earning more then 200$ per day and 5,000$+ per month The "how much can I earn" part is definitely a lie. There is absolutely no way that you're going to be able to make that much money with unskilled labour, otherwise everyone else is going to be rich. The $300 payout threshold is also ridiculous, probably set up to discourage and prevent anyone from ever possibly withdrawing from the site. All you will be doing if you decide to actually use their service is slaving away for absolutely no pay, because I can tell you responsibly that there is virtually no chance that this is legit. You may also get scammed by them in a multitude of ways, once they get you commit working for them, including asking you to pay a sum of money to them in order to withdraw your funds. Either way, there are enough warning bells to keep you away from this one. |
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Good job, OP. You probably just saved a ton of newbies from investing in this scam.
The scammers actually attempted to make things harder to reverse search the image, by flipping the profile images horizontally and adding a purple background to them.
It definitely didn't work, though, but it's a trend since I've seen an increased amount of stolen yet photoshopped team member profile pictures which could be harder for people to research. But as a general rule, if you look at their LinkedIn profile and search each individual up on google and they don't pop up with corresponding queries outside of the ICO itself, it's probably a scam.
Furthermore, the idea of integrating AI into payments simply doesn't make sense to me, and scams often use this strategy of integrating "buzzwords" together into a product that has no real value.
Seems like ICOEthics already has warned everyone, and AIPay's profile has been active and even posting on the ANN thread without responding to the accusations, meaning that they're probably just trying to get as much as possible out of their scam and hope that people remain ignorant to this accusation.
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Not only that, but it took how long for bitcoin to reach another all time high at that time from the $1000+ peak? A few years. The peak was at December 2013, and the new all time high took place at May 2017 (look at chart below). It took more than 3 years for bitcoin to reach another all time high. Holding bitcoin is probably not for you if patience is an issue. Bitcoin is a huge ass waiting game. For sure. I think that it is clear now that essentially, bitcoin prices generally move in cycles which recur every 4 years due to the halving as a point of bullishness. Even though there are obviously factors such as bans and restrictions which influence the price, the macro trend seems to be the same over the years that bitcoin has been traded with this exact observation. It makes sense to think that 2020-2021 would probably see sparks of new bullishness, when you combine the fact that the historically bullish halving is happening and all the institutional investments and investors that have been accumulated over the bear market. Whether the all time high will be broken or not at this stage is completely unknown, but prices I believe right now are pretty much doing exactly what was happening in 2014 and bottoming out. There may be some more way to go downwards but it should be close to the floor from this point on. It's definitely worth buying BTC at under $6k for sure. |
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Just my thoughts here. A lot of the mainstream media seems to be intentionally confusing the terms 'bubble' and 'ponzi scheme'. Bitcoin itself is definitely not a ponzi scheme, but you could definitely argue that unnatural and unsustainable price rises like last year can be attributed to a bubble for sure.
But returning to the video in question, Warren Buffet is simply wrong about bitcoin here. I don't think that he understands the problem that bitcoin is tackling, potentially because that his involvement in the traditional fiat banking system has a significant conflict of interest with the development of bitcoin, and he simply does not understand how bitcoin works or the technological side behind it.
I simply don't understand how anyone could think that bitcoin is not a currency. It is, and potentially even more compared to fiat in a global sense. I also don't understand how some of these people think that fiat is something that is completely benign to hold in the long term but somehow, bitcoin is going to disappear and go to zero despite it being a much better store of value fundamentally than fiat due to decentralization and its capped emission curve. The dollar's purchasing power has consistently depreciated even without any major hyperinflationary crises in the US.
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So Bitcoin is designed so that the value of it will increase over time as opposite to traditional money in which the value of it will go down. But won't that make it more like gold instead of actual money?
By the prices of stuff going up in traditional money, it encourages keeping the goods and trading them, for example if someone owns a house that house's value won't just go down with time, it can go through time. But if goods were to keep getting lower in prices then it can as a result discourage buying them and trading. Which makes Bitcoin unusable as money. To keep your money safe of course you can store in a bank as they give you a small amount of interest.
Bitcoin has a limited supply and as time goes by and its popularity increases the prices can go higher and higher, making it less effective to be used as usual money. Imagine how would a shop keeper feel as their good will only decrease in price. And like traditional money which has banks Bitcoin doesn't offer much solution to this.
So even if bitcoin prices were to stabilize, wouldn't it be more like gold than a currency to use like traditional money? Gold is very similar in those terms to Bitcoin.
Bitcoin is not engineered to appreciate in value. It's supposed to hold its value in the long run. In that case, then yes, bitcoin has many characteristics that gold also has as a store of value. The nominal value of bitcoin may go up in the long run but I believe that the purchasing power should remain relatively the same due to the fact that fiat is constantly depreciating. And even though bitcoin is always inflationary, you're right about the fact that it'll reach deflationary status at some point due to lost coins outweighing the speed of new coins being minted at. I also agree with the fact that bitcoin is unlikely to replace fiat currency, but rather be used as an alternative and potentially serve a niche market of people who want to facilitate global transactions or simply want a safe haven to store wealth in. But I disagree that bitcoin can't be used as a currency simply because its supply is capped, I don't see that as a barrier. |
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PLS HELP ME, IS cryptomerchantbank.co A SCAM BITCOIN WALLET? I HAVE OVER 1.02 BTC IN THIS WALLET BUT I CANT TRANSFER TO AN EXTERNAL WALLET RIGHT NOW  . PLS HELP ME It would seem like it. You should have researched before you used their services for sure. In fact, even without research you should have noticed the telltale sign of a scam in that it's definitely not a service that anyone knows about in this forum, and the design of their site just seems so cheap. Essentially, they're a random website that anyone can make with a bitcoin address which you are able to send money to. That's all they are. In future, I recommend that you only use wallets which are open source and allows you to hold your own private keys at the very least, like electrum, or if you want a web version, at least go with something like greenaddress, blockchain.com if you're really desperate but I wouldn't recommend it. Don't just search up random bitcoin wallets and start using them, and don't use hosted wallets even if they are well known, like Coinbase. |
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I am considering changing from poloniex to a different exchange. What do you guys use?
Your best bet is still Binance at the moment. You made a good decision to switching from poloniex, in my opinion. Despite Circle's acquisition they seemed to not have made a lot of progress in terms of upping their overall service, including withdrawal problems and customer support issues that are still being reported in the past few months after the acquisition happened. As a former legacy poloniex user, I can say that the transition to Binance is by far the easiest because I think all the features are quite similar to poloniex. They are also one of the most trusted exchanges at the moment with a 2 BTC daily unverified withdrawal limit which is awesome. They're the logical choice to make I believe, as their PR has been pretty good in the past as well. All the other exchanges such as Bittrex, Bitfinex all have much more major issues that I wouldn't want to get involved as a user with. |
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