I talk with lot Austrian companies, also with VirWOX. They tell me at the end only MtGOX sell Bitcoins in that period with that price, maybe some Austrian company reselling Bitcoins for them at that time, i don't know.
I don't know for sure but that seems unlikely. There's honestly too little info to guess. Whatever happened to checking emails? I was looking into bitcoin communities in austria and found an NPO founded in the same year ( https://bitcoin-austria.at), they might be able to tell what was available for the locals during that time. Found them in bitcoin wiki in case you're curious. |
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Ah yes I forgot they exist... but since we're talking about bitcoin, I'd stay far away from any browser miner who claims they're mining bitcoin given how unprofitable it is with CPU/GPU, you won't get good results from it.
I have not seen this before, what I have seen before are apps and sites that confuse people that they are mining sites in a way to think you can use your laptop and phones to mine but not actually how it works. Some even are mining but no more profitable. The faucets that I know like freebitco are the real faucets that reward people for solving captcha and the reward is not that profitable compared to the time used to be solving captcha. There are CPU mineable coins and it could work if you manage to get ahold of a huge chunk of ppls PC/smartphone's processing power. In terms of profitability only the service provider and/or the website owner has the chance for it, average users who are mining using one or two PCs can't expect more than a beer money. |
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Yes, you are right, they receive from that company wallet ID, and other creditials. They tell me also receive notifications from that company about BTC price changes.
Wallet ID reminds me of blockchain.info (now blockchain.com) however their web wallet was setup during 2012 and the buying service was by the end of the same year. They aren't an autrian company either but I see they had sofort banking during that time. You can find how their wallet ID/Identifier looks like back then at: https://bitcointalk.org/index.php?topic=40264.0 |
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About the taxes. I am not so sure about the taxing policies in your Country but what I have always known is that they mostly tax capital gains, not losses including money lost to scams
They were talking about reducing the taxes they owe by declaring losses. If eligible (since not every loss is tax deductible), a portion of their taxable income would be reduced. |
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I am now just focusing on how I can at least deduct it on my taxes. My initial research does not give hope since theft losses are not deductible. I have some hope that I can claim it as a "rug pull" which may be considered a capital loss.
That could be a way to minimize losses but can be another problem if done wrong. I suggest consulting a local CPA who has experience with crypto taxes, this list could help: https://cointracking.info/law/. |
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It is very difficult to trace the company you are referring to, which was operating in 2011, considering that in Australia there are, more and less 11 companies running Bitcoin/crypto exchange business.OP was actually talking about Austria not Australia. My friend buyed Bitcoins in 2011 from Austrian Company, they make payment via Bank. After few months they lost his iPhone where is stored all data from company and Bitcoin account. From that time they is unable to find that company, i search for him but i can't find nothing. I see lot members here know all about Bitcoin from start. Maybe anyone know who sell Bitcoins in Austria 2011 year, and where can be that Bitcoins stored. They know email used on that company and we can recover them.
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There's a good chance it's now defunct, the oldest austria-based exchange I could find that is still in business was founded in 2014 (supposing no one moved). If it's some local exchange, looking up using their language is something to try.
Since the friend still has access to the email account, try reviewing all verification emails during 2011. You could also use possible keywords such as exchange, bitcoin, BTC etc.. when searching for emails.
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If you already had a wallet you had an option of having the bitcoins transferred to that wallet by inputting the word list or a private key, if not then it created the wallet and gave a list of words, a file download of the wallet and a string of characters as I mentioned in my first post.
Huh? why would they ask for your private key (AKA access to your btcs) instead of your address during withdrawal? Are we sure this isn't some scam exchange? were you able to actually confirm you own the bitcoins? |
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Ads are typically not moderated, be careful with them OP. Maybe I'm just really curious about their sign-up bonus to try it out.
What if I tell you their prerequisite? it's too much LMAO they clearly don't want to hand over the $25 bonus. The Initial bonus cannot be withdrawn or transferred from the account until the following minimum trade amounts are met:
FX – 5 lots of any currency
Gold - 5 lots (500 oz / staked size $5)
Silver – 5 lots (5000 oz / staked size $2.5)
Indices / US / UK oil – $50 of stake traded
Crypto – $50,000 notional In addition to what has been pointed out, their website is very cheap looking. I doubt they have the money to properly handle KYC/AML procedures. Of course, it's an offshore company. No information about the team and their whereabouts. Quox is a trading name of Quox Capital LLC, which is incorporated in St Vincent and the Grenadines, number 1312 LLC 2021 by the Registrar of International Business Companies, and registered by the Financial Services Authority, and whose address is First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St Vincent and the Grenadines. |
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I heard that facial recognition is coming much sooner than later, someone's about to literally drop this. A yay from me as I hate worrying about secret keys
Facial recognition for what? unlocking the app? logging in your wallet? I can't find any information about this, where did you hear it? In any case, I wouldn't recommend using facial recognition to keepsafe sensitive information since they are more prone to targeted spoofing attacks. Some mid-range phones still unlocks using pictures. Lastly, if by secret keys you mean your backup phrase/seed. Note that it is your fallback plan in case something goes wrong with your wallet, please keep it safe. |
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Binance I think it also offers it, but with binance you earn for sure the cryptocurrencies or you just enter a draw for answering the questions correctly?
Former but it depends if you are eligible The Binance “Learn and Earn” rewards are for targeted Binance users only. New users need to complete Identity Verification first before they can earn “Learn & Earn” rewards. Please note that only specific Binance users are eligible to receive rewards for certain campaigns. and if there are still rewards left How many learn and earn rewards can I get per day,because I only did one Course and on all my courses it says "all rewards reedemed,stay tuned!" Is it supposed to be like that or...? And in the other platforms? can you win cryptocurrencies? or just answering correctly gives you the option to enter a draw? There is no one size fits all but for sure there would be a catch such as completing KYC. Start with reading each promos' ToS. |
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Not many of the web wallets don't allow the users to select the transaction fee for example coinbase will simply let the users to use the recommended fee but for me that is safer compared to selecting the fee on our own because people who are using online wallets may have lesser knowledge about what will happen if they set too low or high fee.
Only works if the fee estimation is close to accurate. Blockchain.com has a history of too low/too high recommended fee, I wouldn't trust them. But I'm guessing OP's problem is more than just setting a fee too low for blockchain.com eyes. |
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A mentor is a someone who help people to achieve their common goals. Mentor never give up on helping people until they began to see a good results coming out from them. Mentor don't scam people who are trying to rise like them than to help them to stand well.
Your expectations are too high OP. In reality, people do it to make a living and not for social work. But with how rampant the mentorship scams are, people are more likely to encounter a scammer. Think twice if the "mentor" spends most of their time "mentoring" rather than trading themself and claims something too good to be true. |
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I also remember it was mentioned somewhere in the website they had some btc mining operations, but looking at their FAQ and EARN BTC tabs now I haven't found this information anymore... I just checked and you're right!! it's not there anymore, it used to be: How do you make money to pay us interest?
When you hold money in your FreeBitco.in account, we split it into 3 parts - the first part is used to cover user withdrawals, the second part is used to bankroll our MULTIPLY BTC game and the third part is used to expand our bitcoin mining operation (which is currently 9.065Petahashes or 0.019% of the total hashpower of the bitcoin network). There were/are faucets which use your computer processing power to mine crypto while you are accessing them. It was announced as a passive earning method, but I fear it can lead to prejudice and damage to the desktop components or invasion of the system by malicious virus and hackers. It really doesn't sound good...
Ah yes I forgot they exist... but since we're talking about bitcoin, I'd stay far away from any browser miner who claims they're mining bitcoin given how unprofitable it is with CPU/GPU, you won't get good results from it. |
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But how sure are we that those are their real names? most scammers don't use their real names for obvious reasons. It's likely that they've moved to another domain with a different identity.
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There is no reason to follow up on what they are doing, I am not even talking about participating or buying or hold, I mean not even being aware of them and what they are doing because that is how shitty they are.
I don't think that's a good idea... if no one follows up on them, no one would be able to inform the communities about the scam methods they're introducing. After all, not everyone knows how shady they are. |
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Keep in mind that KYC is mandatory for both binance.com and binance.us, I doubt you'd be able to trade if you're from one of the prohibited countries/states. Using VPN won't help as well bc it only changes your IP and not the citizenship on your papers.
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It's actually quite facinating to me how yobit has managed to keep on going with these scams all those years
Jurisdiction, the number of fcks authorities give and the fact that yobit's exact wherebouts is unknown could be one of the reasons why. People were speculating that they would exit scam around 2017 (ICO time) but here we are today.Those shitcoins they keep adding to their platform must've been paying well.
They will exit at some point but who knows when. Most likely, being able to dodge authorities after all these years despite the blatant scams have given them an ego boost to stay longer. |
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Freebitco.in is more than just a faucet. If i remember correctly, they were allocating a portion of the funds from interest accounts (users earn interest for keeping their BTCs in their platform) to their bitcoin mining facility.
But what about these "other faucets" OP? cause a faucet-only website which claims to be mining BTC doesn't sound good...
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