Hi, let's remember bitconnect!
This was the most popular cryptocurrency pyramid, in which many lost their money. So, I'm one of them.
I was a fool and I believed that I could make a lot of money. In the end, I lost all my money.
I wonder how many such fools like me? Are there people who have earned on this?
A lot of people have been victims of one pyramid scheme or the other if its not Bitconnect, it would be something else because at the time of being involved in it, every call to reason will be garbages while every fact finding missions will be interpreted as an attack against a "progressive" way of making money until everything came crumbling. I won't conclude that you are a "fool" because experience they say is the best teacher but would make such conclusion if you manage to fall into such unsustainable enterprise again now or in the future. |
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I invested 100$ in hashflare mining at the end of 2017. Soon after the bitcoin price started declining and is declining at the moment. In this situation hashflare has stopped giving payouts and says that the mining fees are higher than the payouts. Can anyone suggest what to do next? the following is exactly what they say. "Dear users,
Because of the current market situation, with the latest spike of mining difficulty exceeding 14% (https://bitcoinwisdom.com/bitcoin/difficulty), while the price of Bitcoin continues to decline, the payout was lower than the maintenance fee, which resulted in the balance not increasing and remaining the same. We are considering all possible options, while taking into account the available resources, to optimize the mining process where it is possible."I don't see this as a tenable excuse for why they are refusing to do payout even after investing since 2017 which is going to 2 years counting but unfortunately the reasons they are giving is verifiable and there is nothing that can be done otherwise than to wait. But at the same time, it does not remove the fact that they should be held liable. Companies in the business world does not always have a good year sometimes they make less profit other times they make huge profit but rather not turning out dividend to their investors, they would reduce the profit and sometimes would still maintain their previous profit by ploughing back into the profits they have accumulated during the period of boom. What would have been ideal is to restrict the amount to be withdrawn depending on the classes of amount invested, find a way to cut down costs or plough back to the good times profit made when bitcoin price went all time high. |
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Escrow has been a way of business operating even though its loud in the crypto ecosystem. Outside the crypto world, when I order a product online and I pay with my credit card, the money does not just go to the seller the bank hold it for a while while I won't be able to spend it as well until some time have passed or the seller provides confirmation before such fund is released. The same for AliExpress merchant site where payment made is kept by the site until confirmation and other conditions before being released to the buyer its not a new thing happening what it does is boost customers confidence in the business.
arbitration is not perfect and can also have issues, or an arbitrator could be a scammer. Its important that arbitration be decentralized, not just one big company like bitpay, but lots of individuals.
I would take a separate position on bitpay. Bitpay is a company that has proven itself to be a worthy business and they are not relenting on making that a priority. Just like the forum only few individuals that have distinguished themselves in the community can act as escrows that is centralization as against decentralisation where everyone would act as escrow. The point is both centralised escrow and decentralised ones (after verification) can function hand in hand to boost confidence in the market. |
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who is the owner of FreeBitcoin.com
does anyone know?
can u find out?
i need contact info - their email address
I guess you have some interest in acquiring the right for the site. I think for you to have waited that long with no response till now since half a year ago, don't you think its better you look for other option because it seems that the owner is not wanting to be found or not ready to sell and if you even manage to find him he would be negotiating from the position of strength which would make the offer not to be attainable or strenuous on your own part. If you had created a site based on your own unique name, for six months, it might not be as popular to achieve your intended objective but of course, you wouldn't be starting from where you will be starting now in a case you didn't get to acquire it eventually. |
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i just want to find the best place to do transferers daily,so what is your best suggest and how it works?
I think you should start with the way things are done on the forum normally before going the way of your preferred escrow method. You cams here for the only purpose of doing business and I think the forum is here for you. All you need to do is to establish an escrow known to the community here @minerjones is one and other reputable people and I tell you, if you are serious about doing business, the amount of support you will get will be overwhelming. If anyone on the forum then refuse to go the way of the community, that should be a signal for you to stay away from such individual. I wish you all the best in your business endeavor. |
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Only serious sellers, no scammers or long chain of agents. An international group needs to buy around 8-10mln€ worth of btc for cash.
Conditions
- Maximum commission +15% Kraken
- Deal can be done in tranches, yes escrow, yes KYC
- Only public places (No banks/security houses, no isolated places, yes hotels, yes lawyer office)
whatsapp +972 54 327 7852
telegram @strategicbit
Check PM pleaseIts either you are the same person as Op or you chose to ignore the readings and post others have made before yours or you are blinded outrightly by greed to carry out this kind of transactions. While a lot of people appreciate the anonymity that the crypto world offers, it does not mean we all support every moves that has illegality written all over it just like this one. @timelord has rightly pointed out a key evidence that buttress this but you still want to deal. For an international group that Op said, there are other ways to get their deals done without going through the forum and there would be some form of control just like peer to peer sites, but trying to bypass every forms of control is a sign to no good end in mind. |
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I only know site like fiverr and seoclerks that offer or sell twitter followers which ranges from USD $10-50. I would only suggest to get or buy from highly rated crowdsourcing sellers as some of the new accounts are fakes and hackers. Or you could do a trial and error from different sellers from you to find a good deal as most of them are dirt cheap.
These days, its better to build account rather than buying it because you might think you have control at the moment but it won't last for long. Once in a while, I get notification from Twitter concerning my account to either confirm the phone number or the email attached, sometimes the account get locked due to forgetting password and sometimes change in IP address accessing the account. When these happens, you need to have the information that was used to open the account in the first place otherwise, its locked forever which means loss of the amount spent in buying it in the first place. |
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Its unfortunate that a lot of people didn't bother to read the article before commenting on how they think blockchain will solve the problem of identity. The article is well articulated taking a look at all the basic data that we so much cherish about ourselves and how cheap these data are on the dark web where its being traded. The article also didn't say for certainty how the blockchain could solve this problem but highlighted the areas where it could prove useful if harnessed to the fullest focusing on the decentralization power embedded in it that makes it difficult for an individual to control how data is being utilised. While the blockchain comes with so much hope to the end of data abuses that we have at the moment, it also fail to look at the advantages of data centralization in the hands of those who are to keep the citizens safe. All over the world, only the rich have the resources to pay for his own protection while the masses are left in the hands of government to be protected which makes it necessary for them to have the data in other to prevent all of the attacks before it happens. In conclusion, I think the best is for the two to function in other for everyone to have a safe environment. But this is the reason why the rich people and governments trying to control people. Those on top want its people to remain common and ordinary and blind so they will remain controllable. The internet revolution paves the way to blockchain though it is sad that there are some governments like China trying to stop it as it is something they cannot control especially when it comes big in the future. You see there is different between being rich and powerful. Both the rich and the poor are at the mercy of the powerful and that is the government. I can then say that the rich today, are being rich because they are allowed to by the powerful that is why you see the rich finding a way to influence policies and politics in other to keep their empire. The rich are not controlling the poor rather its the government that wants to ensure that is happening and if not for government, the rich would not care about minimum wage, labour law, decency in human life, right to education etc. What I am saying is that rather than condemning centralization of data, both can work hand in hand while we keep ourselves safe, we should also feel safe from the unknown dangers that only government have the capacity to stop that is the essence of data. |
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I can't even think of any other critical moment than what is being faced now and the reason shy its so critical is that bitcoin is literally standing alone without the support every backbones that it has relied upon to flourish in the past and because the standard that been raised beyond reasonability, current situations seems like an abysmal failure without remedy in sight. Various platforms that have been the vehicle for transmitting messages have turned their backs, reports of price manipulations being validated, KYCs being arbitrarily dished out and worst of all the active participants whose faith and convictions bitcoin thrives, are losing their momentum which is evidenced by series of panic being spread all over. The consolation though, is if this period can pass over, its for the better.
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Bitcoin is stable for months, what to do?.These are the questions roaming on every topic on this forum so im helping you decide whether you want to sell it or buy something. Well, im promoting buying so here's why.
You probably have some coins bought when the price is still high, and you want to sell it because you are afraid that it may go deeper and you lose more. These is called the panic sellers which triggers When the value of the coins they are trading or holding pump down. What will happen? You will claim that you defeated and surrender for what we say bear manipulation. You just gave your money to them, you get depressed and you eill post bad news about bitcoin so that a lot people would be discouraged to invest. It doesnt help yourself and doesnt help other people either.
But what if, instead of declaring you lose, you hold your coins until it goes back because we both know that this drop is just temporary and when the value get tired of being low, it will soar high again. Its a winwin situation for us financially and emotionally. Yes , it is depressing until it still low but we know we are not lose until we sell it. More money, lesser stress.
We should take this low value opportunity to buy rather ranting nonsense that wouldnt help. Have a strong heart people.
One unique thing I love about this market is that there is absolute free will which is the very fabric that hold the crypto ecosystem together. There is no point forcing anyone to stay back. If you are ready to sell, someone somewhere is ready to buy so while you are seeing this as a way of cutting your losses, someone is seeing as an opportunity to make more money so its pretty straight forward if you ask me. What we should be working towards is rather than encouraging them to hold and wait, we should sound it loud and clear that you are outrightly responsible for your decision and be psychologically ready for it and stop whinning about what is in the past and drag or blame other people for your woes. My own contribution. |
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I haven't yet read the study which claims a link between tether and bitcoin. My initial impressions are its a BS claim. Tether lacks the market cap to significantly affect bitcoin's price. The amount of purchasing volume necessary to manipulate the price of bitcoin up near $20k is far in excess of bitfinex or tether's net worth. If the price of bitcoin was manipulated there are far better ways of explaining it. Crypto exchanges which lack trade commissions are probably a better explanation for market manipulation as it could allow traders to buy and sell to themselves on multiple accounts on an exchange without incurring significant losses. The last line of this article seems to contradict itself: In the University of Texas study’s conclusion, researchers say, “Our findings provide substantial support for the view that price manipulation may be behind substantial distortive effects in cryptocurrencies.” And they say that more regulation is needed: “These findings suggest that external capital market surveillance and monitoring may be necessary to obtain a market that is truly free.” This is what comes to mind, reading the last part.  The idea of a crypto market being "enslaved" under surveillance and monitoring, in order to achieve "freedom" could be a form of "freedom is slavery" political posturing. If the context is correct. The research about Tether being used to manipulate the price of bitcoin is not something new as I have read several times on the forum on the possibility of that and with compelling argument difficult to ignore but there is still some gaps in such conclusions. If Tether is being used, I believe Tether itself is still in existence then why do we still have a downward trend in price. Another thought is that, while not ignoring the possibility of Tether in price manipulation, I think its wrong to totally ascribe the increase to that only factor because during that time, we have not had any issue concerning Facebook planning to ban crypto or Google or Twitter and these are powerful major platforms in which the message are spread to the mass populace. In addition to that, we also have not had the aggressive KYCs that we have now which has made a lot of people lose interest because their anonymity is no longer guaranteed. These and many other reasons are factors that played a great role in the all time high price period. |
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Many people activate online accounts or have digital assets (e.g. widgets, flyer miles, online accounts, bitcoins, Facebook, Twitter, LinkedIn, Snapchat, PayPal, Google Wallet, Amazon, eBay, Robinhood, online bank accounts, YouTube account that generates revenue, Google+, Yahoo, etc.).
But what happens to these assets when an individual dies or becomes incapacitated?
Until very recently, the asset was typically locked and access denied. The only way to obtain access was:
-Through court order (typically expensive and time consuming)
-By logging on as the individual (requires knowing password and arguably not legal)
-By being on a contact list on a legacy or inactive account (very few online entities actually have an online system of succession rights).
But on September 30, 2016, Governor Cuomo signed into law the Revised Uniform Fiduciary Access to Digital Assets Act (RUFADAA). Thanks to RUFADAA, an individual may now authorize their fiduciary (be it an authorized representative, power of attorney, executor, or trustee) certain rights and abilities to access that individual’s “digital asset(s).” (A “digital asset” is an electronic record in which an individual has a right or interest.)
Granting access to one’s representative can be done by either specifying who can have access upon death or incapacity (i) directly on the website (e.g. Google Inactive Manager or Facebook Legacy Account) or (ii) in estate planning documents (Will, Trust, Power of Attorney, Authorization and Consent for Release of Electronically Stored Material).
It is particularly important to have the appropriate language in estate planning documents because many websites or online companies do not have pages, which will allow an individual to insert their succession rights. Indeed, online tools are sparse. If a website or online asset does not have an online tool that allows an individual to set forth the amount of access to authorize a fiduciary, then the clauses in the individual’s estate planning documents will govern.
Most digital custodians only have terms of service agreements. Therefore, appropriate clauses in your estate planning documents to authorize your fiduciary access to your digital assets are both simple to achieve and important to have.
Have you ever been in a case like this? Share you thoughts and experiences.
The issue of succession has never been an issue in the corporate world because in every endeavor where you are entitled to any benefit or otherwise, you are required to mention a next of kin who gets the right to administer all your property in case there is need for it eventually. However, this issue has been a subject of discourse when it come to digital assets. Other kind of digital assets (Facebook, Twitter, LinkedIn, Snapchat, PayPal, Google Wallet, Amazon, eBay, Robinhood, online bank accounts, YouTube account that generates revenue, Google+, Yahoo, etc.) won't be any issue because you get to release your details and accept some terms and conditions before allowing any access which is why I dont see any challenge as development continue to happen in that direction as it relates to these kind of digital asset. For crypto currency in general is where the task would not be easy surmountable because of the nature of crypto itself which would be interpreted as being defeated when questions unveiling anonymity is being asked to make this kind of move effective and that is where we need to weigh the cost and benefit of every actions that aims to develop this industry and boost confidence of people as well. |
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You really think people will pay you 30 grand directly without any escrow, either you are straight up a scammer or the most naive person existing.
LOL
Did you even bother to read his response to the question when it was asked because if you did, you wouldn't have made this comment either sarcastically or not. Are you willing to accept escrow payments?
yes, of course mint condition Rolex YM II ref. 116688 price: $31,500 shipping included (Can accept other crypto of equivalent amount as well, let me know your preference) Transaction will be done through coinpayments comes with box and everything included ships worldwide first class Trying to sell before 15th of June since I will be traveling outside of the US, it would be easier if I ship from the US You can also pay directly here https://commerce.coinbase.com/checkout/b2ee3516-71d7-47e4-9c0e-f511b61c8d8f    The issue I have with transaction such as this are two 1. How someone would join the forum for the first time, create an account, know the right section to place the ad simply for the main purpose of the trade. That alone signal some trust issues because it clearly show that its hiding under a new account to carry out this trade ( I could be wrong though). 2. The price of the wrist watch, how do you expect someone to spend $3000+ on a good that I won't see for myself and have some warranty on? I doubt if someone would want to do that and with a complete stranger and a "newbie" account at that. |
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A store based on your analysis that has generated more than $11000 eight months going for sale for less than $2000 would need more convincing argument for reason to have been advertised for sale. I read all the information and they are well detailed and mouthwatering but if I am to be interested like others, I would need more as regard
1. rate of turnover in that how does sale happen?
2. Of the list of emails you are giving, how many are really active? I receive lots of mails of products and services which ignore and I expect the same thing with lots of mails that does not create leads.
3. How soon can the investment be recouped based on your trend analysis taking into consideration the capital to be invested and other recurrent expenditure that would be incurred.
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Hey everyone, I just wanted to say. If there is a post that is of a troll like nature on this forum, the best way to make it go away is to simply not reply to it. Posts with a super unrealistic and or dumb title gets bumped back to the top when yo reply to it. I keep seeing posts that should have been dead months ago because people reply to it. Remember the people that want BTC to fail also post on this forum. When spreading FUD it's easy to start like 5-10 posts knowing that all of your positive replies will bump them all to the top. Just looking out for us.  I think replying to it won't make any difference when Mods decide to shred it to the waste bin that won't be accessed by unauthorized people. I also don't agree that not all should be ignored because some might actually be relevant to the current situations instead of creating another thread to discuss the same thing all over again. But there are some that dont worth dignifying with response and most times when I see replies running into several pages, I wonder what people were really penning down as response. Threads that would talk about bitcoin heading to $1k another one to $500 with same objective and same direction of discussion but at same time, some worth response because of the new people or those not mature enough in the industry to be neutral to news such as those and they might need those responses to solidify their stand against all odds. I have been there before so I know what its about. |
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Nice to see an alternate perspective to the pro cashless society crowd. Interesting to see banks acknowledge some of the drawbacks many of us have suspected a cashless society might face. Would be curious to know how india's push towards a cashless economy is developing. I have not seen recent updates on it, which could mean it is not going well.
It is possible cashless societies are attempts to further centralize money and make all transactions electronic which would make it easier for a surveillance state to monitor and sell the data to the private sector, foreign governments or anyone who wanted the information. Do the drawbacks of cashless societies outweigh those facets of centralization? Who knows.
Cashless policy is the way and the better everyone key into it, the better. In a country in which its almost impossible to eradicate corruption, the way out is to stop how people touch cash. You see government agents have excess amount of money than what they are entitle to but in their bank accounts they have ridiculous balance which could is not commensurate with their lifestyle. That is only possible because of the access to cash that they get in form of bribes to do the job that they are being paid for. Imagine cash is then eradicated it would mean that they would be forced to do the right thing and such policy needs to come as a national policy if the required objective is to be met. Aside that, the whole essence of crypto currency is to have a cashless economy considering the many disadvantages associated with cash. However, that is not to say that the Swedish authority are wrong because in every policy there should be flexibility and its just normal for them to identify the unique nature of their environment and make some allowance for it which is what they have done. Not everybody have the same access to education to operate all cashless aiding tool which is why allowance is necessary and be encouraged. |
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One of the reasons governments point out for not legalizing bitcoin is the fact that is prone to scam and not regulated. The government will want to protect his citizens from anything not regulated and anything that's likely to be defraud from. You will agree with me that that's alot of scam activities going on with bitcoin, there alot of news going on with bitcoin scams everyday which the authorities are always aware of.
All these continue to happens, the government will still have reasons why they will not approve and legalize bitcoin. As they will always talk about the disadvantages aspect of cryptocurrency and neglect the greater benefits cryptocurrency brings.
At this point, there is no going back truth be told that what has been done cannot be undone. I have been a victim of scam before and anyone who has been in that by any form whether thorough investment, exchange scams, gambling site crash or an outright scam would want to see that something is done to reduce all of this atrocities committed because of the 'anonymity' that surrounds bitcoin. Personally, I think the discussion has gone beyond whether its the right thing to do or not. What we should be concern about is how will the regulation be implemented? Today we have various degree of KYCs asked by service providers depending on the direction they feel they want to torment their customers without anybody calling them to order that is where we need regulators to hold them accountable for the information they collect and how they should go about its use. |
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Here is the explanation, After a period of relative stability between USD 8000 and USD 9000. The value of butcoin fell to below USD 6800 today.
The stable price of this virtual money has shifted since mid-December when it hit a record high of more than 19,850 dollars. The value of bitcoin dropped shortly before Christmas by almost being at 2 thousand dollars in just one hour at a point. Also, almost slipped under 11 thousand US dollars.
Then its value goes back up, before falling again in mid-January and early February. In March the decline in bitcoin prices was below 10 thousand US dollars and reached a low of 6,500 US dollars, before soaring above 7 thousand US dollars.
Experts say the cause of bitcoin degenerates is the unclear prospect of regulation and a series of profile thefts have contributed to the decline in bitcoin values in the cryptocurrency exchange. Google which released the announcement will prohibit cryptocurrency ads on its pages since June is also a major blow to the sector.
Meanwhile, last year's rise, bitcoin caused an increase in interest rates in other digital currencies such as ethereum, litecoin, and more. Now more and more people are looking for ways to invest in digital currency.
However there is a serious fear of bitcoin can explode at any time. Many financial experts have advised potential investors to avoid bitcoin and the United States Securities and Exchange Commission has notified the public to be careful of fraud.
I personally don't need an expert to know the reason why price is falling as every of the suggestions especially the bolded are just speculations and comments about what is already known to someone who have spent average number of days in crypto currency and sensitive to recent happenings. The simple answer to all of those is that the confidence level has dropped drastically. The moment the majority loses interest in a particular thing, the effect is what we see that is happening. The social media is a great tool at which the penetration of crypto currency is being propagated but when it the ban came, we all thought bitcoin had grown so huge to not be affected by such alas, we have all been proven wrong times without number. Another part is ICOs, we like to analyse and conclude that all ICOs are scam without propagating the importance that some are actually worthwhile investment that could bring about enormous return within a short period of time. Another is the issue of hacking of exchange sites that are going unabated every time and no one is being held responsible. |
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APPLE founder STEVE WOZNIAK hails Bitcoin as ‘NEXT MAJOR IT REVOLUTION’   He actually said :'' There is a certain finite amount of bitcoin that can ever exist,Gold gets mined and mined and mined. Maybe there’s a finite amount of gold in the world, but cryptocurrency is even more mathematical and regulated and nobody can change mathematics.” What do you think guys ? Comments like this have ceased to make any difference in the long term. If they would make any difference, just some marginal increase in the price of bitcoin which would last for some days and nothing more everything goes back to the initial point price was or even lower before the comment was initially made. The real mover of things that would get us what we all wanted is adoption or penetration. If those comments cannot push for such massive impacts, or not publicized to reach the required audience for the necessary push, ifs better the comment was not passed in the first place and no reason to be joyful or rejoice about a short lived event with no real impact. |
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The fact is an exchange site cannot be too careful against hackers but in my own concern is who will be held responsible and until when this is carefully identified, there is subject of re-occurrence of these attacks which could even be as a result of insider job but because no investigation, while they find a way to replenish the amount stolen back to customers in case the amount stolen is not enough to wreck the business, it just business as usual.
I think asking everyone not to keep funds on exchange site is not solving any issue as people don't know when the heist is going to happen. I can deposit now, and in the next five minutes the heist occur, would I be foolish not to deposit or I should even avoid the use of exchange site all together and do I then make some money and increase the market penetration. What we should be asking for is someone be held responsible whether the hacker or those who made their system vulnerable enough for hacking.
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