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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [GUIDE] Evaluating Initial Coin Offerings (ICOs) & Potential Scams on: November 08, 2018, 07:20:47 AM
Bumping this up for newcomers!
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Substratum ICO - August 7-September 7 (Pre-Sale with Bonuses Available Now) on: November 07, 2018, 11:59:40 AM
At least the SUB team is still actively working on this project. Gotta give them credit, even though we are after-all, in the bear market.
3  Economy / Speculation / Re: Will Bitcoin ever be 20k again? Why or Why not? on: November 07, 2018, 11:44:29 AM
One day, I believe it will exceed $20,000.

5 years ago, people did not believe that bitcoin is worth hundreds, or even thousands. Never forget, my friends.

4  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 12, 2018, 11:02:31 AM

for all last pages  Grin

but offcourse thats beautifull all can have there own opinion , but seems to be the case when we go down all say negative and when its bull rally ,nothing can't stand in the way of the higher prices     Roll Eyes

my father is maybe one of the worst .... is as long in BTC as myself  never said anything good from 250-300 to 1500 allways bad feeling lot of sell offs ... than still with a very healthy amount in the bull rally to 20k "nothing is better than BTC" ... didn't sell a lot @ that time LOL  Roll Eyes   price goes down and panic sell offcourse around 8000-9000 lot off sideways from there and yesterday after the recent DIP he was sitting in the office chair saying to my brother BTC will never go back to higher prices and its finisht and.....

for many in here do not be my father in the BTC story  Grin i am happy i am the biggest BTC bagholder @our place

All hail the grandfather of crypto - BTC!

BTC has certainly come a long way! The integrity of the bitcoin network has proven to be secure over the years, and shall continue to do so!
5  Other / Beginners & Help / Re: YOUR TOTAL BEGINNERS GUIDE TO CRYPTOCURRENCY and BITCOINTALK on: June 07, 2018, 08:08:11 AM
I have written a guide on ICOs and potential scams at

You might want to include this.

Thank you!
6  Other / Meta / [SUGGESTION] Using Merit to Penalize Awarded Merits on: June 07, 2018, 07:28:47 AM
Hi Community,

I feel that merited community members should have the ability to penalize or 'deduct' merits from accounts that incur any wrongdoings (spam/scam/farming) on the forum. Of course, there must be a cap as to how much merit a member can penalize the other person.

The downside is that the merits would be effectively 'destroyed' from the ecosystem. Thereby the amount of merit distributed have to be more than the amount of destroyed merits.

P.S: I also published a guide on ICOs for noobs. Any feedback is greatly appreciated!

What do you guys think?

7  Bitcoin / Bitcoin Technical Support / Re: Lost Passphrase on: June 07, 2018, 07:20:23 AM
A friend of mine decided to encrypt his Private Key with a BIP38 protocol. And now he does not remember the Password. 18BTCs is the Amount of Bitcoins in that Wallet that is encrypted.

Any idea to decrypt that private key?

My friend is willing to give a fairly generous reward to anyone who can help him recover those Bitcoins.
My friend has, his private key encrypted, but he does not remember his passphrase.


Unfortunately, BIP38 protocol is a very strong encryption algorithm that makes brute forcing next to impossible.

The only remedy your friend have right now is to try out all the previously used passwords. Who knows, the door may magically open. And TRY ALL VARIATIONS!
8  Alternate cryptocurrencies / Announcements (Altcoins) / [GUIDE] Evaluating Initial Coin Offerings (ICOs) & Potential Scams on: June 06, 2018, 09:16:54 AM
Hi Community,

I am making a guide so that newbies or 'noobs' can rely on this guide to avoid potential scams and techniques commonly used by malicious actors. This guide also covers the points to consider when making the decision to invest in Initial Coin Offerings (ICOs), which are high risk investments in the crypto currency sphere.

Table of contents
[1.0] What are Initial Coin Offerings (ICOs)?
[1.1] The ICO Process
[1.2] Returns on Investments
[1.3] What is White listing / KYC / AML
[1.4] What is hard cap / soft cap
[1.5] Project Evaluation Metrics
[2.0] Possible Scam Techniques Used by Scammers

[1.0] What are Initial Coin Offerings (ICOs)?

Just like initial public offerings (IPO) in financial markets, Initial Coin Offerings (ICOs) seek to raise funds for their very own projects (usually blockchain projects) in a specified time frame determined by the organizer (organization). The main difference between the two is that IPOs is a form of regulated capital-raising process and complies to regulatory frameworks set up by the governing authority in a local jurisdiction. Firms raising capital through an IPO provide investors with shares or equity, effectively and legally making the investors the owners of the business.

On the flip side, ICOs is a form of unregulated capital-raising process (crowdfunding) that ANYBODY can set-up regardless of organization size, capital, and legal status. Organizations raising capital from ICOs need not require any permission or legal documentation compliance to the local authorities. ICOs usually DO NOT provide shares or equity to investors, and therefore, in the legal sense, investors are not the owners of the organization / firm.

[1.1] The ICO Process

The ICO process typically starts with the organization soliciting the public for contributions (or investors) as you like to call it. ICO typically starts and ends with the following flow of events:

1. Website and whitepaper, and [ANN] Announcement thread is published
2. Public / Private Pre-sale Begins
3. Public Sale Begins
4. ICO is closed

[1.2] Returns on Investments

Just like a typical IPO / equity in the financial market, an ICO is considered an even high form of risky investment assets. Returns can range from x0 (lose everything) to beyond (x100s and multiple folds - ethereum did this)! As always, do your own research (DYOR).

[1.3] What is White listing / KYC / AML

All of the above terms is applicable when an organization calls for it in order to comply with the rules and legal regulations set in their local jurisdiction.

KYC - Know your Customer (Consist of submitting your personal identification documents to verification provides for them to subject to Anti-Money Laundering (AML) checks.
White-Listing - Typically happens after KYC. Submitting of personal BTC/ETH addresses. When contribution starts, only submitted white-listed BTC/ETH addresses can contribute to the crowd sale.

[1.4] What is hard cap / soft cap

Hard Cap - Total possible amount the project can raise. The crowdsale usually closes after "hitting" or fulfilling the hard cap.
Soft Cap - Minimum Amount the project must raise. Not "hitting" or fulfilling the hard cap usually results in the cancellation of the crowd-sale. Refunds are then made back to the investor's wallets.

[1.5] Project Evaluation Metrics

Before contributing to the crowd sale, ask yourselves the following questions:

1. What problems does the project aim to solve?
2. Who is in the team? Are they identifiable? Is it a real person?
3. Who is spearheading the development?
4. What is the hard cap and the amount they are trying to raise?
5. What are they going to do with the ICO funds?
6. Does the whitepaper logically describes what the project sets out to do?

[2.0] Possible Scam Techniques Used by Scammers

As this is an open platform, there would always be scammers or malicious actors that takes on the form of genuine projects to con your hard-earned money. Always do your own research!

1. The Wrong Contribution Address Scam

Sometimes, although the project and crowd sale is always genuine, the main project website or the opening post (OP) thread may get hacked by 3rd party malicious actors. The hackers would then change the contribution address to the hacker's addresses, resulting in you contributing to the wrong address.

Moral of the story: Always double check that you are contributing to the right address!

2. The Personal Message Scam

A hacker may take on the form of replicating the username of the original organizer of the crowd sale (E.g. Original_Satoshi) to mislead people into thinking they are interacting with the official community member of the project. The hacker would then request you to contribute to the project and gives an address (which the hacker controls) over private message.

Moral of the Story: If a person asks you to contribute funds to a project over private message (PM) --> AVOID

3. The Phishing Scam

The original crowd sale is

A hacker may ask you to contribute to the address at [Notice the I and the l]

Sometimes, they make use of idn domains like [ددد.com instead of]

Moral of the Story: Be vigilant, make sure it is the right domain and don't get phished.

That's all folks, I hope you have learnt something in this thread. As always, this is an open community, if you have any suggestions to improve this guide, please private message me. Credits will be given!

Thank you and stay safe!

9  Other / Meta / Re: Quality posts To get merit? on: June 05, 2018, 05:28:58 PM
I joined this forum already 6 months. I am still learning and learning. Many read postings of people with high quality, which add insight and knowledge of people when and after reading it. I am increasingly interested and excited. I often pay attention, the people with the best post quality so easy to join the project. And get paid very high. As a beginner, I often ask in my own mind, can I be like those great people? Join great project and get paid high. So the economy is increasing. However, I try to understand it, that to achieve it is so hard. Very difficult. Especially when the rules up the rankings should get merit. And as I read, to get merit, we have to post quality posts. I tried it, but it did not work. I am not giving up. I'll keep trying it. Until it works. But I'm getting confused about the quality of good post and high quality like that. Can you show me a quality post that has got merit so I can be like a brother?

Because of your post, I think I will be the one getting merit instead  Grin Grin Grin
10  Other / Meta / Re: [SUGGESTION] Introduction of KYC To Establish Trust on: June 05, 2018, 10:51:16 AM
What I am suggesting is totally optional for those who want to increase their influence in this forum. By doing this, we can open up a lot of possibilities especially for bounty managers - adding an additional layer of filter for those participating in the bounty programs.

Trades can also be done in a more trustful manner.

As for the execution, admins can seek the help of 3rd party identity verification service so that no personal information will be kept on this platform. Just throwing a curve ball here!
11  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 05, 2018, 07:57:11 AM
BTC related question:

I geus were on a correction? From €66xx back to €63xx

Damn when are we going to explode upwards

In bitcoin's history, the exponential growth window only happens within days...Whereas you have to wait weeks / months / years in the bear market for that to happen.

Just think of the probability. Food for thoughts.
12  Other / Meta / Re: [SUGGESTION] Introduction of KYC To Establish Trust on: June 05, 2018, 07:16:30 AM
That doesn't do very much and just opwns the potential for identity fraud.

Also, since Bitcoin is supposed to be anonymous, why would people want others/an admin to know their identity.

Admins DON'T want to get rid of alt accounts, it breaks no forum rules...

Great argument, identity fraud is a serious problem. Probably admins can look into 3rd party identity verification services. I heard there are decentralized ones as well, based on block chain technology.

Make it an option, a lot of people here are readily willing to give away their identity. Just look at those giving away theirs to those ICOs for KYC/AML purposes!

My point is, genuine and trusted users have nothing to hide.

For the ALTs, it has been proven that those who control ALTs are more likely to break forum rules.
13  Other / Meta / [SUGGESTION] Introduction of KYC To Establish Trust on: June 05, 2018, 06:07:03 AM
Dear Community,

I have got a suggestion to further establish trust in the community. The administrators can use identity verification to further increase the trust of a respective account. This will also allow the community to determine the level of trust for each individual. I also feel that by establishing this feature, we will also clamp down on the alt accounts, which was known for bounty farming, account selling, etc and other malicious activities.

What do you think? Will this system work? Any pitfalls?
14  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 05, 2018, 05:53:26 AM
Guys, let's get the topic back on track. All scam accusations should be in the scam accusation child forum.  Grin Grin

All we had to do is to click the report button, and get a moderator notified. No need to keep on ranting and derailing this thread which ultimately leads to a bottomless end.
15  Economy / Reputation / Re: Sign a Staked BTC Address - Get a Merit on: June 05, 2018, 05:47:22 AM
I want merit, but I can not send signature from bitcoin wallet Which have (exchange wallet). Should it be done from a private wallet?
You want a merit and yet you don't want to read the FUCKING OP. Maybe you can leave the forum now and find a decent job Smiley

I think we should be kind to people here, in any case, we should be united as one so that the community can grow and mature together. Besides, people start from being a newbie right?

I was once a newbie who didn't understand the blockchain technology a few years ago, until some user from this forum PMed me the inner workings of the blockchain technology. That 'noob' that you are scolding right now may very well be the next pioneer in blockchain technology.
16  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 👁 👁[Airdrop Service] Community growth and PR👁 👁 on: June 05, 2018, 05:34:01 AM

Kindly shift this topic to the "services" forum. You may get more replies there as this forum is dedicated to bounties only.

Thank you!
17  Bitcoin / Bitcoin Discussion / Re: Microsoft buying GitHub for 7.5 billion, Good or it's Death? on: June 05, 2018, 05:01:47 AM
This is really bad for the open source community...All the code that is on the github repository now is controlled by this 1 giant company --> Microsoft

One of the most important technological factor that sets the blockchain apart from other technologies is decentralization. If power is too concentrated within an entity, that particular entity can wreck havoc and cause collateral damage to the entire network. The same logic may apply to the github acquisition.
18  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Are Alts About to Crash? on: June 02, 2018, 05:27:12 AM
To be honest, I think that the ALTs crashed in Jan 18 is because of the unwarranted exponential growth during the end of 17. ALTs are simply just undergoing a correction phase, and if you think of it, some of the ALTs don't even deserve their current valuation. I'm looking at you EOS (money grabbing vaporware).
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments on: June 01, 2018, 01:58:20 PM
hi, I need help. I sent bytes from one wallet to another and the bytes never arrived. what should I do?

Transaction should be instant in the GBYTE application. Did you send to the correct address?

I assume that you are using a mobile operating system, try to close the entire app, clear any background applications, and let your GBYTE application sync again!
20  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Did crypto become mainstream too early? on: June 01, 2018, 01:54:40 PM
I somewhat agree that we are growing too fast. A classic example is the Dec 17 period where there is a parabolic run-up in BTC price due to increased awareness and advertisements via traditional news channel, etc. However, the technology is not mature for it to be adopted in the real-world, where there are many issues such as scaling, transaction fees, etc. The community must unite and grow and mature the cryptocurrency scene, point out potential scams, and together, we will all benefit!
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