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341  Alternate cryptocurrencies / Altcoin Discussion / Re: Metamask Hacking on: June 23, 2018, 07:14:23 PM
I tend to think that in every Security System the most weak part is human, so this is easier than anyway other, to fish a password From a person than to do it from the program.
I can't understand what you want to say. The most weak part is the user so that's what you want to say? that's correct, it depends to the user on how careful he is.
There is no perfect system and even the most secured one has it's flaws and openings for intruders but as long as it isn't exposed to the intruders, they are safe.
And if the user isn't so careful and he's so easy to catch through phishing websites, his keys, funds will be gone so fast.

Nothing on this world would really have that perfect system no matter how tough is the security and feature there would be always a flaw even just one but it do exist. Human error is the most common thing why these hacking exist. Hackers do take advantage on weakness of a certain person, getting important credentials wont really be hard if a certain user is careless. Metamask hacking its possible even though in the past they say this is a secure one.
342  Other / Off-topic / Re: Backup is important on: June 23, 2018, 05:19:47 PM
Good day, just want to share my experience,
I am using 2fa as my security in my emails and exchange accounts, so one day I nearly lost my phone and that phone holds majority of my pins, 2fa, etc. so I thought I lost all, luckily I found the phone. So now I'm thinking of buying an extra phone for backup. What else do you recommend for backup?
That's a lesson learned for you that don't just put everything on a single phone, recovery phrases, seeds, private keys and of the same must be backed up.

Having an extra phone is a good idea and you can leave the other one at your home while bringing the other one.

Writing up those important words on a piece of paper is an easy, simple and cheap way of backing up.
Yes its an easy thing but people do still failed up to do such basic thing.We do only realize things when we already experience the loss funds. Back up would always be important because unexpected things do really happen along the way. I had similar experience when almost losing out my phone where it do have the sim card where you can able to open accounts by SMS verification.When it comes to wallet even putting up on a paper or USB would already do.
343  Economy / Service Discussion / Re: Hashflare mining payout is Negative, Withdraw fund now!!! on: June 23, 2018, 03:04:57 PM
This is the risk that people should have known when investing in HF.

Not only is cloud mining completely unprofitable in the long run, there is always the risk of the company that you invest in not being actually legitimate but instead running a ponzi scheme or becoming insolvent with withdrawals/customer funds.

Hashflare has previously already demonstrated that they are completely untrustworthy through the increase of minimum withdrawal to absurd levels (which is actually preventing people from withdrawing right now).

This current scenario could be because of difficulty increasing, and dropping prices, which again proves the fact that cloud mining is unprofitable. Or, it may just be the result of hashflare not being able to afford payouts anymore.

Either way, it'll be interesting to see what goes on next, whether they terminate existing contracts or not. But cloud mining is definitely something to avoid, especially hashflare.
Decisions would either goes into that way they do possibly scam but i dont see they would do such thing. They might possible to announce about of non-profiting business to its investors soon depending on how this market moves.If they scam then they can easily be traced up since theyve been here for years, locations and people behind are known so they wont really make such move but as an investor we should always consider on possible results or outcome before investing into any cloud mining.
344  Alternate cryptocurrencies / Altcoin Discussion / Re: Teens in the crypto world on: June 22, 2018, 11:28:06 PM
I think that teens are already involved in Crypto technology and many of them already having knowledge about it. As we could see from the article the teenager who hacked the ledger  having only 15 years. I would not be surprised if some new tech. innovations come from a teenager in near future.
Actually, they have freedom and they can participate if they want it. Isn't the KYC we afraid off that limits the age allow for crypto but the understanding of all members around.
Yes, teens can't hardly to be teach and yet, they are fast learners in come to online cause they are mostly engage already. Only we worried if they don't have time for their studies instead and take full time in here which is not good for them.
If by teaching them about cryptocurrency could affect their study and make them have a bad grades then I won't, put the education above all, teens still need to have education and not thinking about making money, when they turned 18 you can tell them how to make money from cryptocurrency but 15 years old? they will still want to play football lol.
Depend on the interest of a certain teenager but as a guardian we would really always give the best thing for them. Education is really above all and making money is just a 2nd priority on my part because if you do have a degree finding a job wont really be a problem unlike on just focusing on making money.We do know cryptocurrency wont really be permanent no one really knows thats why they should secure out theirselves.
345  Economy / Trading Discussion / Re: Why are people afraid to invest in cryptocurrency? on: June 22, 2018, 10:43:50 PM
Some times I usually think of the reason people are afraid of investing in cryptocurrency, despite the its value and durability, cryptocurrency is a standards investment that will always give the investor the chance of becoming a millionaire due to its appreciative nature, people fail to understand the fact behind cryptocurrency investment, most times the people trying to invest may not have a maximum knowledge of cryptocurrency.

People are not actually afraid about cryptocurrency but they are afraid to lose a huge amount of money from the investment they are going to do, if they will only have a good introduction about cryptocurrency then there is a huge chance for everyone to learn how cryptocurrency works and they will end up on a very wealthy life.
Crypto volatility? Yeah they are expecting a high return at the first time when they do invest , but then things let them down ... Due lack of crypto knowledge it cost a lot of money , they are losing value instead gaining profit most of the times , especially when it comes to ico investment where for some people it's like a HYIP ...
For those kind of people they do always look at on the profiting side which they do always fail to look up on the risk factor. Commonly people do see for those traders or investors who do earn bigtime without knowing on what are the things they had faced along the way. They would most likely break their expectations when they faced up such scenario face to face. Being afraid is normal because we dont like to lose up money.
346  Alternate cryptocurrencies / Altcoin Discussion / Re: How to make money on risky ICOs? on: June 22, 2018, 09:31:56 PM
buy low sell high , so easy to do..
best way to buy and at market listing sell them higher

Hi!

Here's an article about using prediction markets to profit from risky token sales: How to make money on risky ICOs

What do you think?
Easy to do? I dont think so, yet its very basic thing to do but doing it would really be hard.
Since we do talk about ICO investment then risk will always be its tandem where you would really lose up money. Common suggestion? DYOR- Do your own research yet this is the thing or weapon you can have for you to be profitable.If you invested on wrong project then say goodbye to your funds.
347  Economy / Trading Discussion / Re: Bithumb Got Hacked Stolen 30 Million dollars worth of crypto (June 20, 2018) on: June 21, 2018, 08:39:48 PM
Hello guys,

Recently BitHumb got hacked and the total amount is more than 30 million dollars worth of crypto.

Bithumb suspended all of the withdrawal from their exchange and notified the affected users that they will shoulder the stolen amount.

Bithumb is No.6 Crypto Exchange based on volume https://coinmarketcap.com/exchanges/volume/24-hour/

Here is the reference of news : https://bithumb.cafe/archives/33189

When I saw the notification of this, I only sigh "not again" because its not just the right time that things like this should be happening at. The market does not need any more bad news to react to, giving one more means the worst is already knocking oon our doors. On the bright side though, I would take it as a test on the market because for $30million dollars to be stolen with no significant change in price compared to base price prior the attack means bitcoin is actually getting stronger and the market is currently calm for anyone who wants to make an investment decision.

The good thing again is to commend Bitthumb for managing the situation very well by quickly contacting the affected users who might be in the know and at the same time ensuring the safety of their funds which might be the reason for the maintenance of existing confidence in the market configuration.
Similar thing on my mind where i dont even expect for this thing to happen inspite of this very bearish market days.It do really adds up the negativity circling around the market but even though seeing out the price or behavior of movement seems like it isnt really much affected which is good to see
Confidence on using up exchangers even the top ones will really decrease on each user for sure.
348  Alternate cryptocurrencies / Altcoin Discussion / Re: What affects your decision to take part in a Bounty Campaign? on: June 21, 2018, 04:19:36 PM
My question is: "What makes you choose one Bounty campaign and not another? What are the key factors that highly influence your decision? What are you looking for at the first sight and what do you expect from it before starting your participation and register in the Bounty?

Always choose the best according to your own liking and your own research. There are lots of projects that do have bounty programs which as a bounty hunter this would somehow a very tough decision for us to make.
Bounty hunters do have their own criteria on choosing but the most common advise you would able to hear out is that you should always seek out for projects potential ,like seeing its whitepaper, the team behind and the innovation or benefit of the project itself.
349  Economy / Service Discussion / Re: cryptominingfarm is trusted? on: June 18, 2018, 10:37:31 PM
Lifetime Technology opened a brand new coffee shop that accepts Bitcoin, and UNIT (a coin made by Cryptominingfarm https://github.com/unitcurrency/ log in to see cryptominingfarm email )
Well, it is obvious now that Cryptominingfarm is a secret product of Lifetime technology.
The coffee shop also have Microsoft Hololens to play around, their own made AR app to play around in coffee shop.

https://yutpanichcryptoblog.wordpress.com/cryptominingfarm-coffee-unitpay-interestintradingproof/

I think they are probably trading on Bitrex.
Based on the link:

Uses bot trades to make profits, virtual mining, not real hardware, provide 30% profit in 3 months. (Given extreme volatility, a good trade bot or human trader can make more than 30% profit in 3 months)\

Such an utterly bullshit thing to believe on.
350  Economy / Trading Discussion / Re: Trust you trading experience and don't panic on: June 17, 2018, 07:33:19 PM
Yes, you can trust your trading skills when you already have enough experience, if you do not have a better enough experience to trade in small quantities, and panic is the cause of the later number of coin prices to knock. You hold the right coin. No need to panic it relative. Sometimes your experience is a little under different conditions, that's why people can not learn from their experiences instantly.
This is one of the biggest reasons of why people panic, if you buy a coin like bitcoin then you are not going to have any reason to panic which is why most of my money is invested in bitcoin, but the problem is if you invest in the coin which is at the 500 spot in the market cap and you do not know anything about it then the most likely outcome when the coin begins to go down is that you will panic and at that moment everything is lost since the chances you sell for a bad price are almost 100%.
Even if you buy bitcoin, your psychology in some situations will still fluctuate vigorously and panic because you have a clear understanding of bitcoin, you have a belief in it, you know everything will stabilize again even when the bitcoin goes down. But also because you have this mood, when bitcoin constantly goes down and goes down, it does not recover like what you imagine, your psychology will be more annoying than ever, hope too much but more despair, boredom will be born, panic and sell is what you will do. So I can only say that people can trust experience but not panic, that is impossible
Even you are optimistic on crypto but current situations that do happen on the market today will gradually swallow you up and those positive views would turns slowly to negative thoughts and hesitations later on. For those people who do said they can control already their emotions for them not to panic but i still believe that hesitation would always be there specially when the market will really be very bearish or bloody.Trading do involves emotion and if you are weak on this spot then expect mistakes to happen.
351  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Crypto Rancho - Ethereum farm-game on: June 17, 2018, 05:49:11 PM
~snip~

New concept of an ICO or token sale with means of a game? The thing on here is that we do still need to buy up CRT to play the game? or make use of it to the game.The thing also about guaranteed buybacks i do still have some doubts. This is somehow a unique game yet it do involves with farming but lets see on how community would react to this.
352  Economy / Marketplace / Re: Coinbase has just announced that they are going to support ERC-20 assets on: June 17, 2018, 04:52:19 PM
The day CoinBase start adding Erc20 tokens then we can expect new price hike for Etherum based smart contract tokens and market expansion will be huge
As it is presently, it looks like coinbase is really trying to set a pace in the market and trying their best to see how they can really benefit hugely from it. With the way they have been tuning up their exchanges and coming up with series of innovation to make things better, and with the news of probably adding the ERC20 tokens, even though it has been a rumor for a while looking at when OP posted this, but recently looking like a possibility, then I must say this market is turning up for a great future.
Its business by the way and all sorts of possibilities on how to extent market would definitely be done or being planned since theres no ETA being mentioned then we cant really expect on when it would be applied or implemented but the good thing that they do already extent out. We do know how US sees thru crypto. For coinbase users this would totally a positive thing for them not only but also to the market which it can surely affect but not wont too big.
353  Bitcoin / Legal / Re: Do you use Tor? on: June 17, 2018, 04:14:04 PM

Youre just completely bumping a thread sleeping for 2 months and entirely replying non-sense thing on here. Tor is not just purely a deep web browser which being created for that sole purpose only. This is just a typical browser that do have its own capabilities and features when it comes to anonymity but not entirely a hindrance for you on to use it since its your own decision if you do decide to go deeper or not. Accessing gambling sites using these services is a common way even just on vpn browser of common web browsers like opera mini do have their own vpn feature.
I just want to ask you a question, my teacher said that in order to use TOR browser we should buy it from the internet. So I got curious, I research it and I saw that it is a freeware or its just a lite version of the Famouse browser. I ask you becasue I can see that you are the only one who can give such good answer. Smiley. Thanks
Tor is a free browser, but it will not give you an absolute guarantee of security on the network. If you need access to pages that block in your country is a good choice. But if you need to ensure your anonymity on the Internet then this is not the best way. Some sites block access through this browser.
Not only the risk on using up Tor Browser because some ISP do really make monitoring for those people who do make use of this browser. Shocking right? But they can actually do such thing specially if the government of your country is really strict when it comes to this matter. Anonymity cant really completely would be hidden on using up Tor, if you are a tech savvy you can make some settings or add ons to make it more effective. This would be only good if you do have only a minor purpose on accessing some sites.
354  Alternate cryptocurrencies / Altcoin Discussion / Re: Invest now or wait? on: June 15, 2018, 08:27:18 PM
in the opinion of some trader friends, if the price goes down (market red) it's time to buy. but should not spend all the money to buy it at that price, preferably buy it with some money, to anticipate lower prices, if prices fall lower, there is still money left to buy more. this is what they called a pyramid system in trading.
This is a very basic but effective strategy, you should never invest everything you have in a single investment you should always keep some money in reserve just in case a new and incredible opportunity emerges, I know that this means that a part of your capital will not be generating money for a significant amount of time but if you find the right opportunity you will make up all that time and probably earn even more money by waiting for the right opportunity.
This is what im doing since i do start up on trading when i do figure it out that you should really have that back up funds for you to have a money in times of opportunities unlike that you are still pending into some token investment or into bitcoin. Opportunities comes and as an investor we should really able to point out on the exact time for us to get in. Diversify at all cost for the tendency of higher profitability.
355  Economy / Trading Discussion / Re: All the Crypto Trending stories are here! on: June 14, 2018, 05:53:15 PM
A successful trader is one who is capable of figuring the trend quicker than others and then to have it followed nicely. This is where Cryptonewstrends is the master of all with bringing easiness for users. They not only provide regular news in non-stop way, but also got this trending deal. It enables one to know where to focus and take decisions accordingly. So, the route to becoming a PROPER trader begins from here!
Successful traders do definitely do these things on where reading up some news or simply doing fundamentals because knowing certain trend can really be known on just reading up the news. Some are faked some are legit thats why reading up would still need analysis.

Towards the site i tried to search up some coins but i cant even search it up even the coin is on top 10 on the market.
356  Economy / Service Discussion / Re: The "Best" of these exchanges on: June 14, 2018, 03:51:42 PM
People do talk to avoid cryptopia but ever since i do make use of this exchange i dont experience any problems at all which are entirely opposite into other traders as well.
It largely depends on the coins that you are using. If you stick to the top coins in this market, which generally have stable networks, there is less for you to potentially experience problems with.

The same basically applies to HitBTC and Yobit. If you look at the majority of the complaints, it always concerns shitty coins and tokens. These exchanges should be used as dump exchanges only.

even the top tier exchangers are experiencing it too thats why deposit on your own risk.
Top tier exchanges mostly have strict AML/KYC rules to abide by, which is causing the problems for people, and not so much the regular problems Hitbtc and the rest seem to suffer from.
Basing up on numbers of issues between to those top coins and shitty ones, you are right most of them can be possibly experienced on shitty ones where you do face issue either on deposit or withdrawals. AML/KYC policies are becoming standard thing on top exchangers which if you do plan to transfer up then expect or you should be willing to submit up documents but still you can able to trade on unverified accounts but as expected there would really be limitations.
357  Alternate cryptocurrencies / Speculation (Altcoins) / Re: This dip is great! on: June 14, 2018, 02:43:29 PM
While every one is in a panic, remember this is the best time to get some bargains, we're down under 300 billion total cap which opens things up again.

I've just reinvested in to PRL again at 2910 SAT, insane value.

What's every one else buying? suggest your best buys.
Yes its always been best to buy on the dip but the thing here is that you do able to point out which is the deepest point? For some coins in the market which do have potential then its worth to buy cheap coins but for PRL? I dont think so that this would be a worthy one but well its your money and its your own decision which coin you would purchase on. Market corrections is always been part of the ecosystem of a healthy market where we cant see anytime shooting up prices there would really be times like this one.
358  Bitcoin / Press / Re: [2018-06-14]Bitcoin Can Continue Dropping To A Level Of $5900 on: June 14, 2018, 12:24:45 PM
"Robbing a bank might cause problems to the US dollar."That`s a pretty good comparison. Grin
This guy explains exactly how I think about the current cryptocurrency market situation.There`s no reason to get worried about the price.The only sad thing is that no big companies accept bitcoin as a payment method,even though there are no problems with slow confirmation time and high fees.Now is the best time for online businesses to adopt btc.
This is indeed the best time for adoption yet fees is almost free on the current state but as we all know if lots of transactions sooner or later fees would still go way ahead into those days where we do see on december situation therefore its still just the same where companies would still have the same impressions when they do know about bitcoin on the very first place. Lots of speculation been circling around on whats happening but this thing being mentioned on op is somehow convinces me.
359  Alternate cryptocurrencies / Altcoin Discussion / Re: Tron (TRX) I missed the opportunity.. sad... on: June 11, 2018, 10:48:37 PM
you dont need to worry about that,
im sure in the near future you will have another opportunity as the team will not let it die.
WHY? they need pumps and FUD just to go up the price,
they are holding the most tokens and they just want money that is why TRX will be surely pump again with fake news.
What percentage does the team hold on?
if they posses high percentage of holdings then i would opt out on investing into this coin but if you can able to risk up some amounts for the sake of possible pumps and make profits then proceed but be wary that they are holding lots of tokens which is really prone to manipulation and as being said they would really heading for another hype to pump out the price.
360  Economy / Trading Discussion / Re: risk in hodling and trading strategy on: June 11, 2018, 09:38:09 PM
I am in favor on your analysis, Hodler is more risky than trader, especially when you hold more of some Shitcoin bought in some ICO project... There is no chance of winning of them.. I prepared to trade all my ICO coins when hitted to market, that will lower the risk.. Trading is more on waiting and patience, plus the factor of a good timing!
Talking on Tokens on ICO investments then most likely of them having a single pump and then dump forever and small chances on profiting thru holding is just small only potential ones can able to place itself to the top thats why my habit when i do make investment is to sell it of once i do already make gains and re-roll to purchase top ranking coins in the market. Rinse and repeat. Holding does still need timing on where you should really know on when to sell out. Idneitification of Peak price is hard but once you do see a considerable price range then better to secure it out already.
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