I'd suggest you trade altcoins, profit from the spread.It might not give much but it definitely is safer than other investment options.
Yes, one of the problems with altcoins is the thin orderbook so that you can't invest, sell or buy real amounts of value there. It might be more work than reward for most coins. |
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Are there any developments in the court case yet? I would like to know how things develop on that front. And i wonder if a judge will really see it as so unproblematic at the end.
Last notification that I received showed they where trying to disallow my claim in it's entirety with the following explaination "The books and records of the Debtors are not reliable. Therefore, the Liquidating Trustee does not have sufficient evidence to determine amount, validity, and/or the nature of the claim." Pretty shady, I'm sure they are trying to do this with everybody that was unfortunate enough to pay with bitcoin in the hopes that several of them no longer have control of their old wallets. I'm not entirely sure I still have control of the wallet I paid from sadly. Will be looking into it this weekend thats for sure. Hm, sounds like another thing someone has to keep track of then. I already made the error of not backing up everything i did on exchanges, so i have no details about what went on on bitfunder regarding activemining, for example. Now they even say bitcoin transactions are no proof at all. The judge surely is no bitcoin fan. Or will they accept signatures as proof? |
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Probably has already been suggested many times, but I think investing in some casino's bankroll is one of the safest yet profitable ways of moving your Bitcoin. There is a small risk, of course, of a whale coming to the site and reducing considerably its bankroll (and hence, trashing your investment), but it is low, and thanks to the house edge you have better odds of getting a profit than a loss.
Did I read this correct so you are saying that you get more profit than a loss. Maybe for you for me I am not that lucky this type of game. I just prefer to just trade my bitcoins that why I earn more with just gambling. With that I will just lose all my money in one second. That is true that with gambling you can earn faster, but also you can lose all so I don't think this a good idea. At least for me I am not saying is bad. If it works than works right I think you misunderstood him. He is not speaking about gambling with the coins, he INVESTS them in the bankroll, which would mean he himself owns a part of the casino. Which then means mathematics is on his side and he will earn from the gamblers losing money. Only risk is if some whale gets lucky. Happens sometimes but normally your profit will go up. |
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for me the easiest way to growing your bitcoin is signature campaign. i mean u can earn bitcoin by signature campaign first and then you can invest or anything.
You should be able to distinguish between growing bitcoin and earning bitcoin signature campaign is methods to earning not for growing Yes, that was my thought too. Though there is a way to grow your bitcoins that way when you use your bitcoins to buy a legendary account, then use it to earn with signature campaigns. It would be some form of investment.  |
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Dividends incoming!
That actually would be a really interesting turn of events.  Though if that would happen i would imagine someone would send some satoshies to misuse the attention to try to advertise some project of his or so.  |
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that's not growing, either, when you hold you're only earning more by their intrinsic value, but your amount of coins is unchanged
the best would be to dump fiat for bitcoin, which also help the market growth even further
Well I think he mean is to hold his bitcoin and wait for it to go up! but that is not earning much what if it goes down then what about it? and mostly I would think of dumping fiat too to further increase the market growth. He meant that, right, but holding 10 bitcoins worth $100 each and later holding 10 bitcoins worth $200 each still did not grow your bitcoins. You still have 10 bitcoins. The question was to grow your bitcoins. |
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How does one start their own escrow service? For a while now, I've really been interested in starting an escrow service for others, be it for a small profit or an increase in trust. I've got multiple sources from different websites & users that could verify me as trustworthy, but I just don't know how to get my name out there (this wouldn't be the name I'd use - I have an older account with the same login I use everywhere else) Thanks in advance for any help  Doesn't matter with the rank Chief. Even a Newbie rank can be trusted. Build reputation like contribute deeply in the community. It's a long process so while doing it you will ranked up. Goodluck with the escrow services. Use your old account much better. Maybe you would trust a newbie with your coins but surely most bitcointalk users would not do so. The amount of scams being tried by newbies is simply way too high. Might be because of the worth of these accounts. It's always advantageous having an old account with as much green trust as possible. |
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It was clearly a scam. They couldn't/didn't ship products that they had in hand. The fact that there weren't a ton of customers screaming like in the BFL threads was a clue that he was lying about how much there was in preorders.
The claim that money was lost in Gox was also a clue because the money in gox was allegedly from preorders and the reason for the preorders was to raise funds for making hardware. How could he make hardware if all the assets were sitting in Gox?
Taking money from you rubes and not doing anything is not a failure, it's a scam. One that people fell for over and over again back then.
It's long time ago so did he really have the products he wanted to create? I believe he only bought miners from another company. Why should he do that when he really was able to create his own miners? Taking preorders is not like an investment, right, though a scam would be when you take preorders knowing you won't deliver. Saying that, it might be that he knew at some point and still presold. So at that time it might be possible to say it was a scam at least. |
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How does one start their own escrow service? For a while now, I've really been interested in starting an escrow service for others, be it for a small profit or an increase in trust. I've got multiple sources from different websites & users that could verify me as trustworthy, but I just don't know how to get my name out there (this wouldn't be the name I'd use - I have an older account with the same login I use everywhere else) Thanks in advance for any help You see iam an escrow. The most important thing is trust. Though i heard it is hard for new escrows to get asked for handling an escrow. The learning curve is a bit too. Making trades secure, protect yourself against scammers since when you make an error then you have to pay or lose reputation. You can start with creating a service thread. Check out mine in my profile. |
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I know that programming is very profitable, but I'm still not pretty good at it. I only know the basic stuff like input, output and a little bit of arrays. Do you know how to become skillful at this task? I would like someone to guide me... I know a little tweaks in programming language but not that much, but I know someone who is capable hehe our programmer here in the office and his using bitcoin too, and I think he's got a plan in creating sites that can further increase his bitcoin but It still just a plan and I'm still waiting for that project to be fulfilled.  Wow lucky for you for having a programmer by your side. I on the other side got nothing and just rely on my brain if it can fulfill my destiny. The internet will be the only one who will teach me. But I know it wont be that much help. Actually the internet is the best teacher. You can learn exactly that what you need to learn at the moment. There are piles of tutorials on everything. Even when i code a project i always have internet and investigate. I guess without internet i would only half that good. So don't fear, the internet is a very good teacher. |
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Can you get back your bitcoins if someone doesn't pay back on BTCJam or they are gone forever?
NO you can't get anything BTCJam only third party like bitcointalk.org i think bitcointalk LOAN with collateral is better and safer than BTJam I saw that members use forum account as collatoral. Does this mean the loanee gives the lender the log in password? Of course The lender should secure the collateral first before sending the loan. Alternatively , the loanee can also give the account credentials to a reputable escrow if he can't trust the lender. What is stopping loanee from doing a password reset through email? I took forum accounts into escrow for loans too. I received the login, then i change the password and set a random email address. Bitcointalk isn't sending emails out to verify such change. And i delete possible security questions. Then the account should be safe. But be very cautious that you don't get a hacked account. Only when the loaner can provide a signature that is safe to say that the account belongs to him, then you can use the account. Next thing is, don't overestimate the price of accounts. The prices drop constantly. Often enough accounts are given as collateral only for the reason to not having to sell them. The loaner gets the loan and vanishes with it. The lender then has the work to sell the account. |
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I am reluctant to admit it, but after taking a look at your spreadsheet I must say that I am somewhat impressed with how much you have been able to repay (though you still have a way to go). That being said, in my opinion it is improper for you to being re-selling your reclaimed ~25,000 shares while the entirety of your debt is still unpaid and doing so before you've proved to the community at large that you do in fact have a finished (or nearly finished) product (e.g. functional website) along with any indications of a confirmed userbase (i.e. cam models). Nevertheless, I wish you the best in this endeavor and I very much would like to see you succeed and be profitble. Provided that you get the above mentioned isues addressed eventually, I myself would even consider investing. I find it risky, to say the least, but I do have respect for the fact that he's done a LOT more than most others would in his shoes. It's definitely refreshing to see someone with a wronggoing IPO trying to solve things the way he tries to do it. Most others would have left bitcoin and when they would come back use a new username. So i think it's a nice thing to see. |
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Has anyone received a password reset email that they hadn't requested? Also my old password stopped working and had to request a new one and after that it blocked my IP for 900 seconds....
I received one on btc-e some weeks ago. Didn't have requested it either. I wonder why someone should try to do that? Does a hacker hope to get shown the email address or something like that? |
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Cryptosun, you don't need to worry about master-P, he is one of the escrows i suggest and i trust him alot. Of course you have wrote with the real master-P, right? You did not get a warning for him being a newbie? I ask this because it is unfortunately pretty common that scammer try to register usernames that sound similar to established escrows.
If he was the real one then i would not fear. It seems he is using bitcoin core and unfortunately that software is pretty well know for it's instability for the blockchain. It's really a pity that developers were not able to make this better all this time. Since it really takes a lot of time to download the blockchain again. Only when that happened he can see your bitcoins again and send them again.
I know he will try to protect his reputation so as far as my impression of him is i would say you should not be in fear. I'm sure at the end you will be pleased.
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Thanks for the clarification, i see my misunderstanding. I think most exchanges in fact sweep like that when a user wants to withdraw. It really might be that they have less addresses with clams than one would assume. Didn't you say that no big digs will happen because big exchanges swipe addresses? That would only make sense when they would swipe addresses that had clams attached to. With a backup they could still claim them.
And i think exchanges would need backups because there are enough users that will send bitcoins to old addresses of them. These bitcoins otherwise would vanish if no backup of the private keys of swiped bitcoin addresses existed anymore.
I think you are misunderstanding still. First, she is talking about "sweeping" coins from deposit addresses into a single storage address (not "swiping", which means something between "taking" and "stealing"). And second, most big services will regularly tidy their wallets to sweep the dust into a central address. Otherwise you end up with a big ugly wallet full of dust. Since they were regularly doing that, they are unlikely to have had many *funded* addresses at the time of the CLAM snapshot, and so wouldn't have been awarded many sets of free 4.6 CLAMs. It doesn't matter if they've kept all the one dust addresses since, because those were mostly empty at the time of the snapshot. Do you understand the point now? The initial distribution awards those who didn't keep their wallets tidy - like faucet abusers who collected tens of thousands of dust outputs in tens of thousands of addresses. Those who kept the blockchain's UTXO set tidy received much less. Personally, from all the wallets I control I was able to dig around 30 sets of 4.6 CLAMs. That's from 3 or 4 Just-Dice hot wallets, a few Doge-Doge, cold wallets for both, and a bunch of personal wallets too (core and android). 30 funded addresses in total, because I kept everything clean and tidy. I am honestly surprised by the number of people who are opposed to doing anything to reduce the impact of future big digs.
Do you need to care at all about the decision? I guess you probably have so many clams that your decision on this will nearly be final when the rest of the community votes 50%-50% isn't it? Maybe i overestimate the amount of clams you own. To be pedantic, anyone's decision is final when the rest of the community is 50/50, assuming >50% is the criterion for deciding it. I already supported the petitions I support, so there's no last-minute controlling vote coming from me. |
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Serious question for US AM hodlers out there... how do you go about "abandoning" this investment for tax purposes? I'd happily sell my shares to someone for a penny, if I could... but I presume that would need a response from friedcat.
"Abandonment" of an investment is a real thing from the IRS's perspective, I've just never done it before. If you have experience, let me know!
Sign a message with the private key of the account you hold the shares under selling them to me for $1. PM me your email address and I'll paypal you the payment (or obviously I could pay in btc). In the event FC comes back, your signed message would be sufficient for him to transfer me the shares so the sale should be binding. AFIAK Be cautious. Friedcat had the dangerous behaviour to simply trust on the email address. I think it might have been possible to fake transfers with SMTP too when he was still around. He did not ask for any proof. I only write that in case you hope for a good ending. For selling it with losses to you for tax reasons it is a fine thing. |
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By the way... i started the question on lcsh forum and even though not all members answered it looks like in favor of involving the community. So maybe more can be posted in some time. I will give the other members some time, i sent them a bitcointalk pm to inform them.
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Yes I did send my info to the lawyer. Haven't heard anything else though
I believe the info should be fine then. I think he asked back when he had requests or some things were missed. But it looks like the info are only temporary anyway. For the prosecution. |
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then it is a confirmed scam?  no asic at end? Not exactly a scam in legal view. More of a failed business. They go after him for compensation of the investors and buyers of hardware. Though ken did a lot of bad things, for example not allowing the shares to trade. I lost quite some bitcoins in that time because i could not sell. |
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I accumulated shares over all the different platforms. I had to list where when and how much I paid for each purchase. I wound up doing it manually - copying the info from all the accounts - I was unsure if this was adequate and included screen grabs but S Hagerty assured me my reporting was good.
Nothing can happen until ken shows his face and pays his fines. They will issue a warrant for his arrest if he refuses then he will face a "disgorgement" where all his assets are seized. We only get restitution after the fines are paid.
I did give Shawn Ken's home address (home worth about 100k)
Hopefully they bleed him dry, throw him in jail and make his whole family homeless.did anyone determine what happened with the supposed refund from hashfast?
It was supposed to be ~1 000 000 wasn't it?
You are lucky then when you had all the trading data. I did not get the idea that it could go wrong or that i could need it. Only later i made backups with other exchanges. Unfortunately bitfunder already was gone when shawn haggerty asked for proof. |
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