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Question: Do you trust blockchain.com wallet?
Yes - 9 (56.3%)
No - 7 (43.8%)
I had never use their service. - 0 (0%)
Total Voters: 16

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Author Topic: Can we trust Blockchain.com? (Poll)  (Read 465 times)
1Referee
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January 16, 2019, 01:16:03 AM
Merited by Potato Chips (1)
 #21

They are asking for users verification paying $25, so, they shouldn't call it a giveaway. If they want to give money to their users, then ok, make a giveaway, but if they want to pay for their users' verification, then don't call it a giveaway because that's only a bait and not a true giveaway.

It's how marketing works, everywhere. Free money doesn't exist, people should understand that by now.

The main point is that most people using blockchain or any other service, are not using it to ever spend money. What's the best way to increase the odds of having them become a potential paid customer? Right, offer them a giveaway in form of whatever crypto currency, and in return for that people 'only' have to verify themselves.

By verifying yourself you basically take away a massive obstacle that stands between you and the exchange. Now you can participate in future giveaways, and more importantly, buy coins instantly and use other services that involve fees, which is what they want you to do the most because that allows them to make money. Business are here to make money, blockchain too.
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January 16, 2019, 08:43:55 AM
 #22

Quote from: sunsilk
maybe stellar just sponsored that 'giveaway/airdrop' or they are just making a story with it.

There's a fair chance stellar actually did. If you think about it, there's a mutual benefit here since blockchain.com one of the most used wallet started integrating their coin which would help the adoption

Quote from: sunsilk
What I've found out, they also have a 'Swap' now. You need to verify few of your info to be approved as tier 1 which includes a $1,000 limit and if you want to upgrade you need to pass on additional requirements including the ID and it gives 'eligibility' for the airdrop.

Inb4 mandatory kyc  Cheesy

Gotta agree to 1referee tho. The kyc will basically earn by themselves and sooner or later they will get back the monies they've sent to their users but the good news is, they will get more!

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omer-jamal
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January 30, 2019, 04:07:25 PM
Last edit: January 30, 2019, 06:32:14 PM by omer-jamal
 #23

~ people would simply abuse the giveaway through multiple accounts (and attempt to claim more & more Stellar) ~

They can use services to do kyc without knowing user data For example ( civic , thekey , selfkey ... else ) to fix this problem..
But this will make it difficult to get users data privacy ! from this services

100 XLM about 10$ in this days
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January 31, 2019, 06:40:17 AM
 #24

as far as i can remember Stellar has always required your identification in their giveaways. and this is not their first giveaway. so i don't think it was a "blockchain.com" thing but more of a stellar thing that they asked for identification. in any case i have never bothered with anything like that even if the value of the giveaway were high.
not to mention that these days with all these companies selling or at best leaking your identification on dark market, it is not such a good idea to give it to them!

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January 31, 2019, 09:33:19 PM
 #25

as far as i can remember Stellar has always required your identification in their giveaways. and this is not their first giveaway. so i don't think it was a "blockchain.com" thing but more of a stellar thing that they asked for identification. in any case i have never bothered with anything like that even if the value of the giveaway were high.
not to mention that these days with all these companies selling or at best leaking your identification on dark market, it is not such a good idea to give it to them!

I agree with you, even if the giveaway is high, is just a terrible idea to give our information to those businesses. I don't think they would sell it, but no one know when they could get hacked.

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January 31, 2019, 09:44:30 PM
 #26

as far as i can remember Stellar has always required your identification in their giveaways. and this is not their first giveaway. so i don't think it was a "blockchain.com" thing but more of a stellar thing that they asked for identification. in any case i have never bothered with anything like that even if the value of the giveaway were high.
not to mention that these days with all these companies selling or at best leaking your identification on dark market, it is not such a good idea to give it to them!
I do recall there was an airdrop of XLM if you were able to sign a message from a wallet you owned a while back (perhaps a year ago?) if you consider airdrops giveaways, but it does indeed seem like Stellar's requiring Id as of their most recent giveaways.

Did some searching and the airdrop was around March 2017, so nearly two years ago with some details here (click for link) if you're interested in looking back at that. Seems like the airdrop was also for XRP holders back then, though I personally only participated in the BTC side of the airdrop.
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March 02, 2019, 01:49:53 AM
 #27

<snip >

I agree with you, even if the giveaway is high, is just a terrible idea to give our information to those businesses. I don't think they would sell it, but no one know when they could get hacked.

i dont think that their give away is high because a giveaway usually means little to less  .  but its okay and you must not worry alot to give your information because its obvious that blockchain.com is 100 percent legit and trusted for a long time up until today  .  not unless you will get a phishing email or invitation  , that simply means it is your own fault and not blockchain if ever something bad happend to your account and info  .
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March 02, 2019, 05:29:21 PM
 #28

<snip >

I agree with you, even if the giveaway is high, is just a terrible idea to give our information to those businesses. I don't think they would sell it, but no one know when they could get hacked.

i dont think that their give away is high because a giveaway usually means little to less  .  but its okay and you must not worry alot to give your information because its obvious that blockchain.com is 100 percent legit and trusted for a long time up until today  .  not unless you will get a phishing email or invitation  , that simply means it is your own fault and not blockchain if ever something bad happend to your account and info  .

Maybe we can trust in blockchain but remember we can trust in hackers, sometimes isn't about the site, is about the vulns. Remember there are zero days exploits who can vuln all the internet and isn't about the site security. Is like this forum, we can trust admin 100% but the site already got hacked once. So, think two times before exposing your information.

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March 02, 2019, 11:14:16 PM
 #29

Maybe we can trust in blockchain but remember we can trust in hackers, sometimes isn't about the site, is about the vulns. Remember there are zero days exploits who can vuln all the internet and isn't about the site security. Is like this forum, we can trust admin 100% but the site already got hacked once. So, think two times before exposing your information.
Any Centralized entities can't be trusted.

Bitcoin nature is trustless, why would you choose something that defects from Bitcoin nature's.

After all, I don't get the point why would people exchange their full identity for $25, and some even for participating worthless altcoin bounties.
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March 04, 2019, 05:06:27 PM
 #30

<snip >

I agree with you, even if the giveaway is high, is just a terrible idea to give our information to those businesses. I don't think they would sell it, but no one know when they could get hacked.

i dont think that their give away is high because a giveaway usually means little to less  .  but its okay and you must not worry alot to give your information because its obvious that blockchain.com is 100 percent legit and trusted for a long time up until today  .  not unless you will get a phishing email or invitation  , that simply means it is your own fault and not blockchain if ever something bad happend to your account and info  .
Their giveaway is high to be fair because they 100% pay you 25$ in just uploading KYC documents. If anyone plans to use blockchain.info for long term, maybe it worths tu upload now and get those 25$ because probably they'll require KYC in anyway to use their service, why not to benefit now especially when you have 100% legal transactions and have nothing to worry about.
Also it has nothing to do with email spoofing because that message appears on blockchain.info's website and mobile app.

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March 07, 2019, 08:16:59 PM
 #31

<snip >

I agree with you, even if the giveaway is high, is just a terrible idea to give our information to those businesses. I don't think they would sell it, but no one know when they could get hacked.

i dont think that their give away is high because a giveaway usually means little to less  .  but its okay and you must not worry alot to give your information because its obvious that blockchain.com is 100 percent legit and trusted for a long time up until today  .  not unless you will get a phishing email or invitation  , that simply means it is your own fault and not blockchain if ever something bad happend to your account and info  .
Their giveaway is high to be fair because they 100% pay you 25$ in just uploading KYC documents. If anyone plans to use blockchain.info for long term, maybe it worths tu upload now and get those 25$ because probably they'll require KYC in anyway to use their service, why not to benefit now especially when you have 100% legal transactions and have nothing to worry about.
Also it has nothing to do with email spoofing because that message appears on blockchain.info's website and mobile app.
Using blockchain.com service doesn't imply strict KYC compliance unless if you do tend to buy or use up their service then you would really need to comply but
using it solely as a wallet then it doesn't really need at all and also $25 in exchange with your identity isn't really a good deal.It wont really be fair on the first place.

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