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Author Topic: Plagiarism and copy/paste posts  (Read 4400 times)
marlboroza (OP)
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January 31, 2018, 11:52:56 AM
Last edit: February 01, 2018, 05:24:40 PM by marlboroza
Merited by theymos (50), SFR10 (5), mprep (3), malevolent (3), panjul07 (2), ibminer (2), khufuking (2), pandukelana2712 (2), hirokazu (2), pugman (1), TMAN (1), Aikidoka (1), jtipt (1), nullius (1)
 #1

DON'T POST OFF TOPIC REPLIES ABOUT MERIT BECAUSE THIS IS NOT MERIT DISCUSSION THREAD!


I've found something, it seems that anti-spam giveaway is useful in some way  Smiley
Accounts: matthewogus01, akosibatman, chimcoin, VINCEAKTIN, onpages, emondot, lookjoz, kawasanz,
happydevil

Bitcoin Advantages:
Freedom in Payment
With Bitcoin it is very possible to be able to send and get money anywhere in the world at any given time.
You don’t have to worry about crossing borders, rescheduling for bank holidays, or any other limitations one might think will occur when transferring money.
You are in control of your money with Bitcoin. There is no central authority figure in the Bitcoin network.


https://coinreport.net/coin-101/advantages-and-disadvantages-of-bitcoin/

Quote
   With Bitcoin it is very possible to be able to send and get money anywhere in the world at any given time.
    You don’t have to worry about crossing borders, rescheduling for bank holidays, or any other limitations one might think will occur when transferring money.
    You are in control of your money with Bitcoin. There is no central authority figure in the Bitcoin network.

Due to unique characteristic of bitcoin, it inherent some advantages, digital currencies has:
- Convenient as mode of payment.
- Very Low transaction fees.
- Goverment has now way to interrupt user transaction.
- Purhcases are not Taxed.
- Information is transparent when using digital currency
- Fewer risk on merchants (bitcoin transaction cannot be reversed thus dont carry information, merchant are protected from potential losses.
- Bitcoin can be backed up and encrypted to ensure safety.

But for every advantages there's always a Disadvantage like:
- High risk and voltatile
- Still developing (we cant so rely so much on bitcoin)
- People need to learn bitcoin before engaging on how bitcoin earn.

https://www.investopedia.com/ask/answers/100314/what-are-advantages-paying-bitcoin.asp
Quote
Due to the unique nature of virtual currencies, there are some inherent advantages to transacting through Bitcoin that users of other currencies do not get.

I think everything in life has it advantages and disadvantages.Bitcoin has many advantages as many of us know but these are some of it disadvantages.
1. unregulated- Unlike other investment avenues, cryptocurrencies are not regulated by government entities or banks. For example, If we buy something with a credit card and get ripped off, we can call the bank and ask to be compensated. But if we get ripped off in a bitcoin transaction, it is impossible to get the money back.
2.may be open to illegal activity - Due to the lack of government control, terrorists and extortionists are also utilizing the cryptocurrency space to their advantage. Bitcoins users on either end of a transaction can remain relatively anonymous and cybercriminals have found ways to mask their addresses, so it can be difficult for government authorities and companies to trace such illegal activities
3.Bitcoin and altcoins are volatile -Investing in cryptocurrencies involves very high risk, as prices have been extremely volatile.

From here https://economictimes.indiatimes.com/wealth/invest/7-reasons-why-you-should-not-invest-in-bitcoins-cryptocurrencies/articleshow/60891341.cms

Quote
Unlike other investment avenues, cryptocurrencies are not regulated by government entities or banks.
Due to the lack of government control, terrorists and extortionists are also utilising the cryptocurrency space to their advantage

If we talk about bitcoin deficiency means we are talking about its weakness, I think this is the weakness of bitcoin:

1. Not Stable
Bitcoin is a speculative currency. Currently not enough companies that offer the purchase and sale of products with bitcoin as a means of payment.

2. Very risky lost or stolen
As a virtual currency, bitcoins are encapsulated in the form of digital files or known as wallet files. In use, the wallet file is similar to the cash register function.

But the wallet files stored on the hard disk of your electronic equipment are very vulnerable to damage. In addition, viruses that attack your hard disk can also make stored bitcoins just disappear.

3. Money laundering tool
The use of bitcoin currency is not controlled by the government or authorized financial institution. As a result, such conditions provide great opportunities for criminal activities such as money laundering and tax evasion.


Copy:
1. Unstable

Bitcoin is a speculative currency. While there are not enough companies currently offering the purchase and sale of products with bitcoin as a means of payment.

2. Very risky lost or stolen

As a virtual currency, bitcoins are encapsulated in the form of digital files or known as wallet files. In use, the wallet file is similar to the cash register function.

However, wallet files stored on your hard disk electronic equipment are very vulnerable to damage. In addition, viruses that attack your hard disk can also make stored bitcoins just disappear.

Copy:

1. Not Stable

Bitcoin is a speculative currency. While there are not enough companies currently offering the purchase and sale of products with bitcoin as a means of payment.

2. Very risky lost or stolen

As a virtual currency, bitcoins are encapsulated in the form of digital files or known as wallet files. In use, the wallet file is similar to the cash register function.

However, wallet files stored on your hard disk electronic equipment are very vulnerable to damage. In addition, viruses that attack your hard disk can also make stored bitcoins just disappear.

Copy:

As a virtual currency, bitcoins are encapsulated in the form of digital files or known as wallet files. In use, the wallet file is similar to the cash register function. However, wallet files stored on the hard disk of your electronic equipment are very vulnerable to damage. In addition, viruses that attack your hard disk can also make stored bitcoins just disappear. The digital wallet can also be hacked and stolen through malware. Not to mention the risk of hard disk content of bitcoin owners erased accidentally. More painful than cash, you lose all the contents of the wallet without being traceable to where it disappears. In addition, people with computerized expertise have the potential to steal the money.

so I guess if we do not really keep it thoroughly it will most likely happen.

Copy:
The weakness of bitcoin is not yet fully for transaction tools and also if bitcoin is stored in digital file form or known as wallet file.
However, wallet files stored on the hard disk of your electronic equipment are very vulnerable to damage. In addition, viruses that attack your hard disk can also make stored bitcoins just disappear.
The digital wallet can also be hacked and stolen through malware. Not to mention the risk of hard disk content of bitcoin owners erased accidentally. More painful than cash, you lose all the contents of the wallet without being traceable to where it disappears.

Copy:
This is one of the disadvantages because As a virtual currency, bitcoin stored in the form of digital files or known as wallet.Sedang used, wallet files similar to the cash register function.
However, wallet files stored on the hard disk of your electronic equipment are very vulnerable to damage.Besides, a virus that attacks your hard disk can also make the stored bitcoin just disappear.
Digital wallets can also be hacked and stolen through malware. Not to mention the risk of hard disk content of bitcoin owners being erased accidentally.More painful than cash, you lose all the contents of the wallet without being traceable where the losses.
In addition, people with computer skills potentially steal money.


About advantages
Transactional convenience: Any transaction has a limit on the transfer and receive money, but for bitcoin there is no limit. You can send unlimited number of bitcoins to your friends. No matter where they are in the world they will also receive. You can also send at any time no one can manage the amount you send.

Ensure security and confidentiality

Every bitcoin transaction can be done and completed without any personal information. Transaction information is still kept, but your identity is kept private. This is one of the outstanding advantages that you get when investing in the field of virtual money.

Bitcoin can not be faked

The cost of testing gold is very high, and bitcoin testing is not costly and the truth is that bitcoin can not be faked. Because bitcoin is not shown in physical form.

The cost is extremely low

There are no intermediaries involved in the field of virtual currency investing. However, you still have to deal with the transaction but it is not worth it.

On the downside
Not many users: The fact is that the field of virtual money is still quite new and not many people know. The people of Vietnam have been used to using gold and silver. People are very shy and anxious to invest in this field.

Somewhat unwieldy: In order to invest in bitcoin you need to have certain knowledge to get involved in this area. For those who are not technologically savvy, they can not participate in bitcoin. If not understood, the risk of fraud is very high.

From here:
http://bitcoinforus.com/bitcoin-invest-bitcoin-not/

Quote
Safety and security: Every bitcoin transaction can be done and completed without any personal information. Transaction information is displayed but your identity is completely confidential[...].
I mean, whole post is plagiarism.
Ivankov
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January 31, 2018, 01:33:31 PM
Merited by theymos (5), hirokazu (3), pugman (1), marlboroza (1)
 #2

Then, it shouldn't different w/ what this user does : Riqelme

http://archive.is/86H6H#selection-1611.0-1611.384
EtherSpeed is an open source, peer-to-peer,He has the advantages of both the ethereum and neo and Zcash , community driven decentralized cryptocurrency that allow people to store and invest their wealth in a non-government controlled currency, and even earn a substantial interest on investment “based” on Shielded transactions hide the sender, recipient, and value on the blockchain.

Copy and pasting from first page,

http://archive.is/s00uu#selection-571.0-575.141
EtherSpeed is an open source, peer-to-peer,He has the advantages of both the ethereum and neo and Zcash ,
community driven decentralized cryptocurrency that allow people to store and invest their wealth in a non-government controlled currency,
 and even earn a substantial interest on investment “based” on Shielded transactions hide the sender, recipient, and value on the blockchain.
cmmhbct
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January 31, 2018, 01:59:36 PM
Merited by marlboroza (1)
 #3

In fact, those ones tried paraphrasing likely excellent threads of other users in the forum. I strongly emphasize that it's paraphrasing activities, not plagiarising at all. I don't want to defend for those users, but it is fact based on definition of what is plagirism. You can check it there
https://en.wikipedia.org/wiki/Plagiarism

"Plagiarism is the "wrongful appropriation" and "stealing and publication" of another author's "language, thoughts, ideas, or expressions" and the representation of them as one's own original work"

However, I think that using paraphrased threads in order to earn sMerits or to have faked constructive threads is not a good ideas, instead very negatively ideas.

As someone in the forum shown evidence in another topic about abused bots for paraphrasing.
https://bitcointalk.org/index.php?topic=2838860.0
This is current evil waves in the forum and need to eliminate somehow.
TryNinja
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January 31, 2018, 05:35:34 PM
Merited by theymos (2), pugman (1), marlboroza (1)
 #4

This user: desklamp

The price of a single bitcoin surged to more than $17,000 in early December, and (for now) it is still going up. But cryptocurrency isn't quite like other assets, and Bitcoin and other cryptocurrencies are surprisingly easy to steal. They're also not always easy to protect.
You forgot to include the source of your out-dated copy/paste:
https://www.tomsguide.com/us/how-to-protect-bitcoins,news-26260.html
Oh no! oops sorry i forgot to add https://www.tomsguide.com/us/how-to-protect-bitcoins,news-26260.html this reference link that i got. thank you for reminding me or pointing that out.
Did you forget to include the source for those aswell? Roll Eyes

A “wallet” is basically the Bitcoin equivalent of a bank account. It allows you to receive bitcoins, store them, and then send them to others. There are two main types of wallets. A hot wallet is one that you install on your own computer or mobile device. You are in complete control over the security of your coins, but since they are on a device that is connected to the internet they are less secure. The second type of wallet is a hardware wallet. They maintain high levels of security to protect your coins by storing your coins offline. Offline storage keeps your coins and ata out of reach from hackers.
Original: https://www.buybitcoinworldwide.com/wallets/set-up/

It seems that nearly every day there’s another report of a major hacking. And as the number of hacks increase, consumer desires for security increase as well. Blockchain is the model of internet security, that doesn’t produce a fully secure system for users. There are a number of important safety and security practices that can help to protect your private keys and therefore protect your funds.
first it is wise to find a wallet with security measures beyond the normal wallet providers. Some wallets are now using encryption to protect the private keys. Users should always have at least two digital wallets. One wallet should be used for trading and transactional purposes, and the other wallet should be used to store savings and be kept in a secure location. This type of wallet must be a cold storage wallet. In anyway, a backup of the private keys have to be stored safely offline. This two safety tips can help you to avoid hacking your wallet.
Original: https://cryptopotato.com/9-must-tips-securing-crypto-wallet/

Some people don`t have enough knowledge when talking about bitcoin, they see bitcoin as an online game because they know that the value of bitcoin may goes down or goes up.Those sudden ups and downs would be bad news for them. Although bitcoin had a more than 100% return on investment in 2016, it’s also five times more volatile than the S&P 500, So for them bitcoin is an “an extremely risky investment.” they are fear that they cant get a big payday that they were hoping for.
Original: http://time.com/money/4623650/bitcoin-invest/

I believe there is even more examples. But I'm too lazy to look for them and those "few" examples should be enough, right?

@OP: I know that I'm a little off topic but I didn't want to create a new thread just for this. Sorry Tongue. Btw, can anymore tell me where should I post cases like this one? Should I just create a new thread in the Meta/Reputation board or there is any "copy/pasting users" mega thread like there is for the "known alts"?
I was looking for a thread like this one Cheesy

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marlboroza (OP)
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January 31, 2018, 05:44:24 PM
 #5

In fact, those ones tried paraphrasing likely excellent threads of other users in the forum. I strongly emphasize that it's paraphrasing activities, not plagiarising at all. I don't want to defend for those users, but it is fact based on definition of what is plagirism. You can check it there
https://en.wikipedia.org/wiki/Plagiarism

"Plagiarism is the "wrongful appropriation" and "stealing and publication" of another author's "language, thoughts, ideas, or expressions" and the representation of them as one's own original work"

However, I think that using paraphrased threads in order to earn sMerits or to have faked constructive threads is not a good ideas, instead very negatively ideas.

As someone in the forum shown evidence in another topic about abused bots for paraphrasing.
https://bitcointalk.org/index.php?topic=2838860.0
This is current evil waves in the forum and need to eliminate somehow.
Thanks for English lesson, which is not only English lesson also a good lesson. Godbless and more power sir!


Gold has a huge history to win this competition because Bitcoin is still very relatively new. However, this is cannot be said that Bitcoin cannot be considered as a safe haven asset.

A key advantage that bitcoin has over gold is that the number of Bitcoin supply is fixed and transparent thereby discounting fears of the  inflationary pressures associated with overproduction which could potentially decrease the value .In contrast,the supply of  gold worldwide has steadily increased by 1–2%  annualy over the past 400 years Such characteristics of Bitcoin on paper serve to increase bitcoin’s future utility as a means of  exchange, account  and the storage of value.

One clear and huge advantage that gold has over bitcoin are trust and reliability. However, a change in consumer preferences, new cryptocurrencies could easily kick bitcoin to the end of history.Gold in the other hand has something very important that bitcoin lacks: a more than 2000 years history of being a decent store of value. This is very important for trust and people's willingness to store value in that particular asset.For 6000 of human civilisation ,gold had always been true money.The US Dollar is even pegged to Gold at one time. Gold had actually lasted basically the duration of organized civilization

Another advantage Gold has over bitcoin is that it's not dependent on the internet, thus affording it a degree of protection from government.Gold has also proven itself immune to technological disruption from asset classes like  tulips,dot-com companies and the US housing market have boomed and busted, gold has consistently raced ahead, withstanding the test of time.

The correct answer to the bitcoin versus gold question will depend on oneself.Interestingly, it appears that there is an inverse relationship between Bitcoin and gold.

@cmmhbct PARAPHRASING from here https://www.coindesk.com/bitcoin-gold-better-long-term-bet/

Quote
Gold has something very important that bitcoin lacks: a more than 1,000-year history of being a decent store of value. This is very important for trust and people's willingness to store value in that particular asset," said Bogart.

archived here https://archive.fo/IZNt1

@TryNinja don't forget to report post to moderator.
theymos
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January 31, 2018, 06:10:56 PM
 #6

Very well-spotted!

matthewogus01: Permabanned
Akosibatman: That seems to be an acceptable level of paraphrasing
Chimcoin: Permabanned
VINCEAKTN: Permabanned
onpages: Permabanned
emondot: Permabanned
Lookjoz: Permabanned
Kawasanz: Permabanned
HappyDevil: Permabanned
Riqelme: Permabanned
desklamp: Was already permabanned
Mystezi: Permabanned

Anything that'd get you expelled from a university for plagiarism (which all of the above-banned examples would) will get you permabanned from this forum, regardless of your rank.

1NXYoJ5xU91Jp83XfVMHwwTUyZFK64BoAD
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January 31, 2018, 07:10:21 PM
Merited by nullius (1)
 #7

I've found something, it seems that anti-spam giveaway is useful in some way  Smiley
So several of them started copy/pasting in the last few days hoping to earn Merit? At least they can't easily level up a new account now. It feels like the leaking faucet has been fixed, and now we can start mopping.

I was looking for a thread like this one Cheesy
May I suggest to keep it centralized in Mod, please check new additions: Reporting copy/pasting, please permban? I still add new posts there once in a while.

Although this thread got them banned faster, my last few additions are still at large.

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silverleew1
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February 01, 2018, 09:48:00 AM
Last edit: February 01, 2018, 01:54:12 PM by silverleew1
Merited by ibminer (2)
 #8

First of all I am sorry to everyone that get offended by this post..
Especially marlboroza. I am truly sorry if you got offended by me.
Quote
Plagiarism, "paraphrasing" and copy/paste
January 31, 2018, 06:52:56 PM
Merited by theymos (50), SFR10 (5), ibminer (2), pugman (1), jtipt (1), TMAN (1), nullius (1)
Giving merit for post like this is not a problems.. But please guys.. Not that I'm complaining anything.. But by "these method" alone the ID farmer can earn merits and the shitposter/spammers/paraphrasing still continues or even worse! And people that really helping just like marlboroza or others that hasn't have name yet will be abandoned and saying "no more merits for you".

The simple example..
They create thousands ids and only need 10 of it for sell/ranks up/earn merits.. and they will start using the other hundreds or thousands ids to spam, tricking post, shitposting, Plagiarisming, "paraphrasing" ETC by intentionally so the 10 ID can create thread and report those..
The quality post recovered? No.. it will worsened by the merit system alone just like that simple example.

When I search the old thread, posts at 2013-2014's, everything is nice, clean, intriguing, informative, healthy debating discussions..
But now.. Almost all of the thread is just "click bait" threads.. No discussion at all.. The OP long gone and never active..
Why choose to ignore reporting them? Why not clean it up together?

The key is the Newbies ids, they must do this to level up.

1. The first one report spam/junk/shitpost/similar will rewarded 1 merit, but the one that got reported will -20 activity and also will demoted the rank if his/her activity is not enough for the actual ranks. As the Newbie rank can't post at all, only can post on new section called "New Comers" and asking question over there and get answered by two mods (creative mods that not only read and replay, but actively post the recently asked question for the newbie read) and the newbies can't report any posts in that section.

2. As for the newbies that already help us cleaning up the forum like collected 10 merit will eventually get new rank called "Matured Newbie".
And continue to earn merit by reporting until they reach full member or any rank that you think it is enough for them to help!

3. Each day Newbies can only report 2 posts and matured newbie until any rank that you think it is enough for them to helping can only report 4 posts.

4. The matured newbie still need activity to level up.

5. As for them that already already full member or any rank that you think it is enough for them to help!. Doesn't need merit anymore to rise up, they only need activity.

6. And the most important thing.. Let's get down together helping this forum out by demoting one of our current rank and go earn our actual rank back with the new system going on.

7. For the first time I am sure that all the mods gonna overwhelmed by the new system going on..
But it is far better!! And the posts that should be reported got reported by default! Right now not everyone want to report things because it's not their really business to do so..

With this loop going on, maybe within 2 months or more the forum got cleaned up and if there is not too much to report anymore..
You guys can start giving the High rank a promotion merits that they will get responsibility for it.
If the promoted ID got reported and proven wrong/breaking rules then the responsibility High rank got the punishment as well.
(with this the new member that actually good member and really a good friend of yours can join up without trouble)


PS: I am really sorry if I'm out of topics and has bad grammar on it. Just want attentions from theymos and all of this is for the greater good of this bitcoin forum and all the members. (And if the coding is impossible then I will understand it clearly and just hoping for the best.)

Edit: just another PS.. Might as well give 1 week notice to everyone in the forum so they clean up their mess post by the time given.
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February 01, 2018, 10:07:20 AM
 #9

I salute you dude for finding these things. You are a Super detective.
But 'Plagiarism is the highest form of flattery'  I just quote it.  I just read it and forgot the author. I might accused of plagiarism on this.
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February 01, 2018, 10:25:55 AM
Merited by digaran (2)
 #10

I've found something, it seems that anti-spam giveaway is useful in some way  Smiley
So several of them started copy/pasting in the last few days hoping to earn Merit? At least they can't easily level up a new account now. It feels like the leaking faucet has been fixed, and now we can start mopping.

Copy and pasting will go ahead regardless of the merit system but I think more and more people will start copying well written posts in order to try get merit. Counter productive if you get spotted and banned for it but when you've got not much hope of acquiring merit naturally many will feel like they have nothing to lose. Smiley

I salute you dude for finding these things. You are a Super detective.
But 'Plagiarism is the highest form of flattery'  I just quote it.  I just read it and forgot the author. I might accused of plagiarism on this.

Lol. The phrase is Imitation is the sincerest form of flattery, not plagiarism.

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honeyira
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February 01, 2018, 10:30:39 AM
 #11

I've found something, it seems that anti-spam giveaway is useful in some way  Smiley
So several of them started copy/pasting in the last few days hoping to earn Merit? At least they can't easily level up a new account now. It feels like the leaking faucet has been fixed, and now we can start mopping.

Copy and pasting will go ahead regardless of the merit system but I think more and more people will start copying well written posts in order to try get merit. Counter productive if you get spotted and banned for it but when you've got not much hope of acquiring merit naturally many will feel like they have nothing to lose. Smiley

I salute you dude for finding these things. You are a Super detective.
But 'Plagiarism is the highest form of flattery'  I just quote it.  I just read it and forgot the author. I might accused of plagiarism on this.

Lol. The phrase is Imitation is the sincerest form of flattery, not plagiarism.

LOL! Thanks dude.  At least I know I will not be charged of Plagiarism.
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February 01, 2018, 11:04:49 AM
 #12

Admins created a "payment" method for posting that is harder to be earned, because it is not just for posting, but for quality of your words and sometimes this is extremely subjective.
Beauty is in the eye of the beholder right?
Besides that, high ranking members seem to get merits way often than the rest of the users and, forgive me for saying this, sometimes this feels like a form of "ass kissing".
It is natural for people try to find ways to cut the corners, so if a post is merited high enough, somebody will try to copy it at some point in time.
It happens all the time in real life.

What is the minimum level people want to achieve here? I guess member is high enough for most of them.
I don't think many will want to go over this level. At least because everything higher requires a lot of time and energy, and not everybody has that.
So, perhaps, make the system in such a way that it is easier to get to the member level.
I mean, not everybody is bitcoin or altcoin guru to give one of a kind advices in every post.
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February 01, 2018, 11:15:30 AM
Last edit: May 03, 2020, 11:35:09 PM by mprep
Merited by ibminer (5), marlboroza (1)
 #13

Also found some:

------------------------------------- #1

User: Matrix3 https://bitcointalk.org/index.php?action=profile;u=1176049

Post: https://bitcointalk.org/index.php?topic=2817840.msg29371702#msg29371702

Initial coin offerings (ICOs) are a fairly unique part of the crypto market, as they allow people to buy in to newly-formed coins.
Experienced investors like to invest in these, rather than larger coins, because these coins are usually very cheap initially and have the potential to 1000x in value, whereas a larger coin may be limited to relative market cap.
Most coins have extremely low volume these coins are very llliquid, and may result in strange price behavior, such as when they oscillate between two very different prices.
Daneel is the personal assistant of tomorrow for the Crypto-Investors, powered by Watson ™ (IBM) and he can help you with a good selection of choices.

Archived post: http://archive.is/qOmgk

Original source 1st/2nd/3rd sentence: https://hackernoon.com/crypto-markets-oddities-whales-pumps-and-icos-5307fff92774
Quote
Initial coin offerings (ICOs) are a fairly unique part of the crypto market, as they allow people to buy in to newly-formed coins.
Quote
Experienced investors like to invest in these, rather than larger coins, because these coins are usually very cheap initially and have the potential to 1000x in value, whereas a larger coin may be limited to a 10x gain due to relative market cap.
Quote
Generally, these coins are very illiquid, and may result in strange price behavior, such as when they oscillate between two very different prices

------------------------------------- #2

User: reymartH https://bitcointalk.org/index.php?action=profile;u=1257052

Post: https://bitcointalk.org/index.php?topic=2678937.msg29348527#msg29348527

International regulation could be developed that significantly inhibits one's ability to exchange Bitcoins, or other, for local currencies. Essentially forcing the cryptocurrencies underground like a drug cartel thereby adding to de-legitimisation. The media alongside a covert multi-government effort could conduct several propaganda campaigns to sway public opinion that the cryptocurrencies are either a massive scam or somehow bad.

Archived post: http://archive.is/GJe1Z

Original: https://steemit.com/cryptocurrencies/@thehutchreport/10-ways-governments-could-stop-cryptocurrencies
Quote
International regulation could be developed that significantly inhibits one's ability to exchange Bitcoins, or other, for local currencies. Essentially forcing the cryptocurrencies underground like a drug cartel thereby adding to de-legitimisation.
Quote
The media alongside a covert multi-government effort could conduct several propaganda campaigns to sway public opinion that the cryptocurrencies are either a massive scam or somehow bad.

------------------------------------- #3
New one:
User:  H. Veron https://bitcointalk.org/index.php?action=profile;u=1452260

Post: https://bitcointalk.org/index.php?topic=2249486.msg29246069#msg29246069
Peculium is the first savings platform based on the blockchain technology. It is powered by the Artificial Intelligence engine AIEVE.

Peculium is lead by the French team of data scientists. It is registered under European law and is fully compliant with the legal requirements. Peculium is first ICO ever to allow fiat investments.

Original: https://steemit.com/peculium/@journey-of-life/peculium-celebrates-new-year-partners-up-with-cloudera
Quote
Peculium is the first savings platform based on the blockchain technology. It is powered by the Artificial Intelligence engine AIEVE.

Peculium is lead by the French team of data scientists. It is registered under European law and is fully compliant with the legal requirements. Peculium is first ICO ever to allow fiat investments.


---------------------------------- #4

User: Zyan mask https://bitcointalk.org/index.php?action=profile;u=1766720

Post: https://bitcointalk.org/index.php?topic=2678937.msg29371697#msg29371697
Short answer: no

Bitcoin is global, meaning one country shutting it down can’t kill it. With that said, japan shutting it down may actually do some damage because of how much volume transacts there.

China has banned it….multiple times. Russia banned it. Other countries have banned it. Yet here it is, at an all time high. It may or may not stay this high and more governments may try to regulate it, but at this stage Bitcoin simply won’t die - too many people have a lot of faith.

If you mean the US specifically, I think the people of the States are too demanding to let an asset like this be regulated to the ground. Regulation may cause some correcting, whipsawing and volatility, but I doubt it would be shut down. The government probably has more incentive than anyone else to keep bitcoin at a very high price. After all, the government runs around arresting hackers who generally have a sizeable holding of Bitcoin, or similar currencies. Go look at how much they nabbed from Dread Pirate Roberts from the Silk Road arrest(although this was in Bitcoins hayday and their sell timing wasn’t too great here).

If it does get regulated to the ground, smart money will just hop ship to more anonymous routes/exchanges and use a currency such as Monero.

The better question is can the government shutdown cryptocurrencies? Smiley

Archived post: http://archive.is/iqW9P

Original: https://www.quora.com/Can-the-government-shut-Bitcoin-down
Quote
Short answer: no

Bitcoin is global, meaning one country shutting it down can’t kill it. With that said, japan shutting it down may actually do some damage because of how much volume transacts there.

China has banned it….multiple times. Russia banned it. Other countries have banned it. Yet here it is, at an all time high. It may or may not stay this high and more governments may try to regulate it, but at this stage Bitcoin simply won’t die - too many people have a lot of faith.

---------------------------------- #5

User: elyfia0203 https://bitcointalk.org/index.php?action=profile;u=1769279

Post: https://bitcointalk.org/index.php?topic=2784720.msg29379677#msg29379677
Hacking and phishing attacks are among the biggest security threats to your cryptocurrencies, so you must set strong passwords for your wallets and all accounts that deal with cryptocurrencies.

Keep these tips in mind when setting up or using your bitcoin accounts:

Use different passwords for every account you use to limit any damage that can be done by hackers.
Use a unique email when opening accounts on each exchange and only use that email address for that specific exchange.
Enable two-factor authentication for your exchange accounts. This adds a software to your smartphone which adds extra security to your account. Without two-factor authentication, a hacker only needs your username and password to empty your balance.
Don’t store your wallets and passwords in the same place or an attacker can gain access to both your passwords and your wallet at the same time.
Never mention what exchange or wallet you use on social media or online forums. Any information you post online can be turned against you.
Maintain backups of your bitcoin wallets and recovery phrases to ensure your coins aren’t lost for good if something happens to your main device. External hard drives, USB sticks, and encrypted backup files can be used to secure your recovery options and programs like VeraCrypt can encrypt these sensitive files.

Archived post: http://archive.is/MGRjt

Original: https://blog.payza.com/bitcoin/protect-cryptocurrency-keep-bitcoin-altcoins-safe/
Quote
Keep these tips in mind when setting up or using your cryptocurrency accounts:

Use different passwords for every account you use to limit any damage that can be done by hackers.
Use a unique email when opening accounts on each exchange and only use that email address for that specific exchange.
Enable two-factor authentication for your exchange accounts. This adds a software to your smartphone which adds extra security to your account. Without two-factor authentication, a hacker only needs your username and password to empty your balance.
Don’t store your wallets and passwords in the same place or an attacker can gain access to both your passwords and your wallet at the same time.
Never mention what exchange or wallet you use on social media or online forums. Any information you post online can be turned against you.
Maintain backups of your cryptocurrency wallets and recovery phrases to ensure your coins aren’t lost for good if something happens to your main device. External hard drives, USB sticks, and encrypted backup files can be used to secure your recovery options and programs like VeraCrypt can encrypt these sensitive files.


---------------------------------- #6

User: Sadnu https://bitcointalk.org/index.php?action=profile;u=1084834

Post: https://bitcointalk.org/index.php?topic=2784720.msg29262265#msg29262265
There are many things you can do to protect your bitcoin. that's where the password is, your password is long and does not match your name so they have no clue to your password. Many people get into the habit of choosing the same password for all of their online accounts. This puts your Bitcoins at risk. Choose a strong password for your Bitcoin wallet. You can use software like 1password or Roboform to create and store your passwords for you – this way you will never use the same password twice ever again.

Archived post: http://archive.is/jLiBj

Original: https://99bitcoins.com/4-steps-keeping-bitcoins-safe/
Quote
Many people get into the habit of choosing the same password for all of their online accounts. This puts your Bitcoins at risk. Choose a strong password for your Bitcoin wallet. You can use software like 1password or Roboform to create and store your passwords for you – this way you will never use the same password twice ever again.

---------------------------------- #7

User: mcatee https://bitcointalk.org/index.php?action=profile;u=1766584

Post: https://bitcointalk.org/index.php?topic=2784720.msg29226090#msg29226090
Hacking and phishing attacks are among the biggest security threats to your cryptocurrencies, so you must set strong passwords for your wallets and all accounts that deal with cryptocurrencies.

Keep these tips in mind when setting up or using your cryptocurrency accounts:

Use different passwords for every account you use to limit any damage that can be done by hackers.
Use a unique email when opening accounts on each exchange and only use that email address for that specific exchange.
Enable two-factor authentication for your exchange accounts. This adds a software to your smartphone which adds extra security to your account. Without two-factor authentication, a hacker only needs your username and password to empty your balance.
Don’t store your wallets and passwords in the same place or an attacker can gain access to both your passwords and your wallet at the same time.
Never mention what exchange or wallet you use on social media or online forums. Any information you post online can be turned against you.
Maintain backups of your cryptocurrency wallets and recovery phrases to ensure your coins aren’t lost for good if something happens to your main device. External hard drives, USB sticks, and encrypted backup files can be used to secure your recovery options and programs like VeraCrypt can encrypt these sensitive files.

Archived post: http://archive.is/M6iIm

Original: https://blog.payza.com/bitcoin/protect-cryptocurrency-keep-bitcoin-altcoins-safe/
Quote
Hacking and phishing attacks are among the biggest security threats to your cryptocurrencies, so you must set strong passwords for your wallets and all accounts that deal with cryptocurrencies.

---------------------------------- #8


User: Agostosmori https://bitcointalk.org/index.php?action=profile;u=1106791

Post: https://bitcointalk.org/index.php?topic=1792989.msg25712834#msg25712834
Currently i am not holding it.  But soon i will try to keep my Bitcoins and will wait for getting it at higher price. Most online Bitcoin wallets provide the option of a 2 factor authentication process. This means that whenever you log on you’re required to authenticate yourself with an additional step other than your password. Most of the time this will be a verification text message sent to your phone. Even though this may feel cumbersome at times, using 2 factor authentication reduces the risk of theft drastically.

Archived post: http://archive.is/kiSfY

Original: https://99bitcoins.com/4-steps-keeping-bitcoins-safe/
Quote
Most online Bitcoin wallets provide the option of a 2 factor authentication process. This means that whenever you log on you’re required to authenticate yourself with an additional step other than your password. Most of the time this will be a verification text message sent to your phone. Even though this may feel cumbersome at times, using 2 factor authentication reduces the risk of theft drastically.

---------------------------------- #9

User: gary_57 https://bitcointalk.org/index.php?action=profile;u=1638661

Post: https://bitcointalk.org/index.php?topic=1965985.msg28478755#msg28478755
Most online Bitcoin wallets provide the option of a 2 factor authentication process. This means that whenever you log on you’re required to authenticate yourself with an additional step other than your password. Most of the time this will be a verification text message sent to your phone. Even though this may feel cumbersome at times, using 2 factor authentication reduces the risk of theft drastically.

Archived post: http://archive.is/wOOoi

Original: https://99bitcoins.com/4-steps-keeping-bitcoins-safe/
Same as above.




Some more:



User: spinno https://bitcointalk.org/index.php?action=profile;u=1123173

Post: https://bitcointalk.org/index.php?topic=1672881.msg29228383#msg29228383
Bitcoin’s circulation is not large enough to power an entire country let alone the world. It can become a de facto standard of moving wealth/value, but will remain so as a fatherless/motherless currency (at best).
Bitcoin has its fair share of problem (confirmation takes too much time, the 51% forking issue remains, number of transactions per second is limited, block size issues, etc.)
It will most likely not die. It will definitely become an important currency to allow cross-border trade amongst various facets of business society, from free-lancers getting paid, to cross-border remittance rails.
However, it will not be the final straw or the final currency that we will see.
Yes. Bitcoin opened avenues on how peer-to-peer value exchange can be done (using the blockchain).
But all these are problems Bitcoin Version 2.0 could solve and be adopted. Who knows the next variant of LiteCoin or Dash or Ethereum’s Ethers could be exactly what we are looking at. The concept of Bitcoin gets my Yes vote for the future of money. Governments will realize the power (and benefits) of digital money - some already are, but cash and other paper instruments still remain. At some point in time governments might just issue their own version of the bitcoin enabling transactions without the need of intermediaries. I think that's true. Bitcoin has captured market opportunities so well. The increasing trend of internet users worldwide becomes a strategic moment of Bitcoin's presence. Especially with the development of the potential of global e-commerce business that encourages the global community to conduct cross-country trade transactions.
In the era of global commerce, the public needs an easier, faster, safer, transparent, efficient, and most reliable base exchange. They believe bitcoin technology is capable of replacing banking technology systems that require resources, cost enormous, time-consuming and vulnerable correction of human error in recording all world financial transactions. Bitcoin is seen as more practical and fitting as an alternative option as a currency.

Archived post: http://archive.is/2RmYC

Original: https://www.quora.com/Is-bitcoin-really-the-future-of-money/answer/Faisal-Khan-1
Quote
Yes and No, and let me explain both:

No. Bitcoin’s circulation is not large enough to power an entire country let alone the world. It can become a de facto standard of moving wealth/value, but will remain so as a fatherless/motherless currency (at best).

Bitcoin has its fair share of problem (confirmation takes too much time, the 51% forking issue remains, number of transactions per second is limited, block size issues, etc.)

It will most likely not die. It will definitely become an important currency to allow cross-border trade amongst various facets of business society, from free-lancers getting paid, to cross-border remittance rails.

However, it will not be the final straw or the final currency that we will see.

Yes. Bitcoin opened avenues on how peer-to-peer value exchange can be done (using the blockchain).

But all these are problems Bitcoin Version 2.0 could solve and be adopted. Who knows the next variant of LiteCoin or Dash or Ethereum’s Ethers could be exactly what we are looking at. The concept of Bitcoin gets my Yes vote for the future of money. Governments will realize the power (and benefits) of digital money - some already are, but cash and other paper instruments still remain. At some point in time governments might just issue their own version of the bitcoin enabling transactions without the need of intermediaries.



User: mastermold https://bitcointalk.org/index.php?action=profile;u=300045

Post: https://bitcointalk.org/index.php?topic=1672881.msg18148969#msg18148969
Yes and No, and let me explain both:

No. Bitcoin’s circulation is not large enough to power an entire country let alone the world. It can become a de facto standard of moving wealth/value, but will remain so as a fatherless/motherless currency (at best).

Bitcoin has its fair share of problem (confirmation takes too much time, the 51% forking issue remains, number of transactions per second is limited, block size issues, etc.)

It will most likely not die. It will definitely become an important currency to allow cross-border trade amongst various facets of business society, from free-lancers getting paid, to cross-border remittance rails.

However, it will not be the final straw or the final currency that we will see.

Yes. Bitcoin opened avenues on how peer-to-peer value exchange can be done (using the blockchain).

But all these are problems Bitcoin Version 2.0 could solve and be adopted. Who knows the next variant of LiteCoin or Dash or Ethereum’s Ethers could be exactly what we are looking at. The concept of Bitcoin gets my Yes vote for the future of money. Governments will realize the power (and benefits) of digital money - some already are, but cash and other paper instruments still remain. At some point in time governments might just issue their own version of the bitcoin enabling transactions without the need of intermediaries.

Archived post: http://archive.is/E0Dwi

Original: https://www.quora.com/Is-bitcoin-really-the-future-of-money/answer/Faisal-Khan-1
Quote
Yes and No, and let me explain both:

No. Bitcoin’s circulation is not large enough to power an entire country let alone the world. It can become a de facto standard of moving wealth/value, but will remain so as a fatherless/motherless currency (at best).

Bitcoin has its fair share of problem (confirmation takes too much time, the 51% forking issue remains, number of transactions per second is limited, block size issues, etc.)

It will most likely not die. It will definitely become an important currency to allow cross-border trade amongst various facets of business society, from free-lancers getting paid, to cross-border remittance rails.

However, it will not be the final straw or the final currency that we will see.

Yes. Bitcoin opened avenues on how peer-to-peer value exchange can be done (using the blockchain).

But all these are problems Bitcoin Version 2.0 could solve and be adopted. Who knows the next variant of LiteCoin or Dash or Ethereum’s Ethers could be exactly what we are looking at. The concept of Bitcoin gets my Yes vote for the future of money. Governments will realize the power (and benefits) of digital money - some already are, but cash and other paper instruments still remain. At some point in time governments might just issue their own version of the bitcoin enabling transactions without the need of intermediaries.



tbc

[moderator's note: consecutive posts merged]
lukyanli
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February 02, 2018, 10:12:32 AM
 #14

See this

https://bitcointalk.org/index.php?topic=2819628.msg28944204#msg28944204

Copied from the content of op of same thread:

https://bitcointalk.org/index.php?topic=2819628.msg28869651#msg28869651

Daring person.Smiley
marlboroza (OP)
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February 02, 2018, 03:10:22 PM
Last edit: May 03, 2020, 11:34:40 PM by mprep
 #15

So this user https://bitcointalk.org/index.php?action=profile;u=1263843 started paraphrasing this article https://coinpupil.com/altcoins/advantages-disadvantages-of-cryptocurrency/ in his thread https://bitcointalk.org/index.php?topic=2735779.0 archived here https://archive.fo/sKgNO

Post:
Quote
EASY ACCESS - Cryptocurrencies is generally available in public
   and almost everyone and anyone can make a use of it.You can see
   lot of companies trying to raise funds and money through cryptocurrencies
Article:
Quote
Easy access – Cryptocurrency is readily available to the general public. Almost anyone can make use of it. It is a decentralized operation and investors from all over the world have easy access to them. You can find various projects trying to raise funds through cryptocurrency. Almost anyone that can make online fund transfers can become part of such projects.

Post:   
Quote
QUICK AND EASY PAYMENTS - Making such payments using cryptos are very easy
   and easy for users to understand. Everyone even teenager can make it in just a
   matter of minutes
, because sending payments with crypto don't require to feed
   many information
and data even your credit card number is not needed anymore
   all you need is the wallet address of the receiver and the amount you need
   to send.The amount you send shall be credited to receiver within a few minutes
   depends on the cryptocurrency.
Article:
Quote
Quick and easy paymentsMaking payments using cryptocurrency is very easy.  You can do it in just a matter of a few seconds. It is very fast because you don’t require to feed many details, you don’t even need to enter your credit/debit card details. All you need is the address of the wallet of the person or enterprise to whom you wish to make the payment too. The amount shall credit to the receiver within few seconds to a few minutes depending on the crypto. The ease of transfer and the low transaction fees makes it very desirable.

Post:   
Quote
COST LESS - transferring money using another online forum of bank is expensive as
   they levy considerable fees for the transaction made.Credit card processing
   platforms charge hefty fees.
Article:
Quote
Costs lessTransferring money by using any other online forum or bank gateway is expensive as they levy considerable fees for the transaction. Credit card processing companies charge hefty fees. But it is not the case with cryptocurrency as the costs are nil or negligible. With credit cards or debit cards, the seller is the one paying a fee but for crypto’s, it is the buyer paying the small fee.

Post:   
Quote
PRIVATE - you don't need to share your identity if you are making purchase or
   payment with cryptocurrency, no information need to share with the bank or goverment
   or with the platform regarding with the deal, it's absolutely decentralized.
Article:
Quote
Private You don’t need to share your identity or whereabouts or the details of the transactions made between you and the beneficiary. No information required to share with the government and the bank regarding the deal. It is truly decentralized.

Post:   
Quote
HIGHLY SECURE - all of your transactions made will be secure as it using NSA created
   cryptography
, Next to impossible for any person other than the owner of the wallet to
   make payment from the wallet
, unless they got hack because there are many ways why bitcoin
   wallets got hack(most popular is through PHISHING). so you have to protect yourself
Article:
Quote
Highly secured All your transactions will be secure as it is using NSA created cryptography. It is next to impossible for any person other than the owner of the wallet to make any payment from the wallet, unless they were hacked which there are many ways to protect yourself from.

Post:   
Quote
REMAIN ANONYMOUS - some cryptocurrency can help you stay anonymous but contrary to popular
   belief not all of them can
, Bitcoin is pseudonymous which means people won't exactly
   who you are on the blockchain but they can get some information from it.
Article:
Quote
Remain anonymousSome coins can help you stay anonymous but contrary to popular belief, not all of them can. Bitcoin is pseudonymous which means people won’t know exactly who you are on the blockchain but they can get some information from it.

I won't quote any further than this, but most part of artical is copied and few words have been changed, some were added(at least at the first part of topic) but mostly it is plagiarism.



The same artical:
Advantages of Cryptocurrency:

1. Easy access – Cryptocurrency is readily available to the general public. Almost anyone can make use of it. It is a decentralized operation and investors from all over the world have easy access to them. You can find various projects trying to raise funds through cryptocurrency. Almost anyone that can make online fund transfers can become part of such projects.

2. Quick and easy payments – Making payments using cryptocurrency is very easy.  You can do it in just a matter of a few seconds. It is very fast because you don’t require to feed many details, you don’t even need to enter your credit/debit card details. All you need is the address of the wallet of the person or enterprise to whom you wish to make the payment too. The amount shall credit to the receiver within few seconds to a few minutes depending on the crypto. The ease of transfer and the low transaction fees makes it very desirable.

3. Costs less – Transferring money by using any other online forum or bank gateway is expensive as they levy considerable fees for the transaction. Credit card processing companies charge hefty fees. But it is not the case with cryptocurrency as the costs are nil or negligible. With credit cards or debit cards, the seller is the one paying a fee but for crypto’s, it is the buyer paying the small fee.

4. Private – You don’t need to share your identity or whereabouts or the details of the transactions made between you and the beneficiary. No information required to share with the government and the bank regarding the deal. It is truly decentralized.

5. Highly secured – All your transactions will be secure as it is using NSA created cryptography. It is next to impossible for any person other than the owner of the wallet to make any payment from the wallet, unless they were hacked which there are many ways to protect yourself from.

6. Remain anonymous – Some coins can help you stay anonymous but contrary to popular belief, not all of them can. Bitcoin is pseudonymous which means people won’t know exactly who you are on the blockchain but they can get some information from it.

7. Your details are safe – Nobody can steal your personal information from merchants, which ensures the privacy of your sensitive data. By creating a proxy ID, you can make sure that no one knows anything about you.

8. No chargebacks – Once you made the payment, you cannot chargeback. This considerably depletes the chances of a fraud. Once the transfer has completed, it cannot reverse. Nobody can file chargeback like you can on credit cards. It has it’s cons but can be an advantage also.

9. No third party – You are the master of your money. You can keep it in your wallet and use it as per your wishes. There is no third party involved like a bank on whom you need to trust.

10. No boundaries – When you talk about transactions using cryptocurrencies then there are no limits. You may be in a different part of the world and the receiver might be some other hemisphere, you can still transfer the amount without any hassle. The inter-country transaction is extremely easy with cryptocurrency because its function is not under the control of any central bank.

Archived https://archive.fo/cQNXo.
From here:
https://coinpupil.com/altcoins/advantages-disadvantages-of-cryptocurrency



https://bitcointalk.org/index.php?action=profile;u=1127004 posted this https://bitcointalk.org/index.php?topic=1003429.msg29135989#msg29135989 archived here https://archive.fo/D2339.

Post:
It is common to many new investors the lack of understanding about the fact that saving and investing are entirely different things. They have different purposes, and play different roles.

Saving is the process of putting cold, hard cash aside and parking it in entirely safe securities of accounts. Cash reserves must be there when you reach for them; available to grab, take hold of, and deploy immediately with minimal delay no matter what is happening around you.

Investing, on the other hand, is the process of using your money, or capital to buy an asset that you think has a good probability of generating a safe and acceptable rate of return over time, making you wealthier even if it means suffering volatility.
~blah~
Original article: https://www.thebalance.com/saving-money-vs-investing-money-358062
Quote
Saving money is the process of putting cold, hard cash aside and parking it in extremely safe, and liquid (meaning they can be sold or accessed in a very short amount of time, at most a few days) securities of accounts.
Quote
Above all, cash reserves must be there when you reach for them; available to grab, take hold of, and deploy immediately with minimal delay no matter what is happening around you.
Quote
Investing money is the process of using your money, or capital, to buy an asset that you think has a good probability of generating a safe and acceptable rate of return over time, making you wealthier even if it means suffering volatility, perhaps even for years.[/b]
Quote
~blah~


I don't feel like things are getting much better with merit system:
archived https://archive.fo/KMJiV

I am using Tradesatoshi, Yobit, EthrerDelta, Bitterx, IDEX and found Tradesatoshi is the simplest and cheapest trading platform.
New Trading platform "ARBIDEX" launching soon.

Arbidex is the first trading platform that aggregates liquidity from exchanges. Right now we have Bitfinex, Bittrex, Poloniex, WEX, Kraken and GDAX connected. A user has an opportunity to trade on these exchanges from a single account and single window. The system will allow users to exchange their cryptocurrency with a best possible exchange rate automatically and the total commission fee will be lower than any of those that exist at the moment.
What is your experience and views?
Help others by sharing your experience.

Original:
https://icobench.com/ico/arbidex
Quote
Arbidex is the first trading platform that aggregates liquidity from exchanges. Right now we have Bitfinex, Bittrex, Poloniex, WEX, Kraken and GDAX connected. A user has an opportunity to trade on these exchanges from a single account and single window. The system will allow users to exchange their cryptocurrency with a best possible exchange rate automatically and the total commission fee will be lower than any of those that exist at the moment.

Undecided


[moderator's note: consecutive posts merged]
belyaevi
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February 03, 2018, 04:19:16 PM
 #16

I advice members to check if the posts are copied or not be searching on Google before giving merits.
digaran
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February 03, 2018, 11:50:40 PM
 #17

I advice members to check if the posts are copied or not be searching on Google before giving merits.
Advice to every body or only merit sources? people will run out of smerits, merit sources need a sticky thread in meta where anybody in need of merits could post and request for a review of their posts. that should make it easier for merit sources.

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TheBeardedBaby
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February 04, 2018, 08:03:25 AM
 #18

Are there any plagiarism checkers on this board? It is not so difficult to implement one checker bot to check every merited post for plagiarism and if there are hits over 75% similarity to be reported for review.

I have also reported copy/paste profiles to the admins but idk what are the results.

hilariousetc
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February 04, 2018, 08:15:12 AM
 #19

I advice members to check if the posts are copied or not be searching on Google before giving merits.
Advice to every body or only merit sources? people will run out of smerits, merit sources need a sticky thread in meta where anybody in need of merits could post and request for a review of their posts. that should make it easier for merit sources.

I've seen at least one person already (unknowingly) give merit to a post that was copy and pasted from the internet, but checking every post before you give it merit is just going to be too time consuming and not worth the hassle. It's natural that copy and pasted posts will occasionally get merit but if they keep doing it the likelihood of them getting found out and perma banned just increases along with it so is it really worth the risk? All we can do is keep an eye out for it and copy and pasters usually get caught eventually but people trying to cheat the merit system in this or other ways are just something we're going to have to look out for.

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marlboroza (OP)
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February 04, 2018, 02:58:23 PM
 #20

Post https://bitcointalk.org/index.php?topic=2876260.msg29591360#msg29591360 archived https://archive.fo/mLufu#selection-4271.0-4271.127

Can “it “succeed without Bitcoin? Possible in theory (if the objectives are twisted accordingly) but very unlikely in practice.

Originally, the blockchain is a new type of database that can be used and maintained without a central administrator.

Unlike a traditional, relational database, the blockchain is administered through a consensus protocol. Therefore, whenever the word “blockchain” is used, we should ask which “blockchain” is in question, i.e what is the protocol ruling said blockchain.

The original Bitcoin blockchain that lives on the global Bitcoin network has proven to be an effective and reliable tool over a period of more than seven years with a 99.99% availabililty.

The properties of the original Bitcoin blockchain can be altered, often deteriorated, by any seemingly inocuous deviation from the original Bitcoin protocol.

For instance, Ethereum deteriorates the security of the blockchain by adding (unnecessary) complexity, Litecoin deteriorates decentralization by shortening the block intervals, proof-of-stake protocols turns the “public” blockchain into a semi-private blockchain by merging two roles (users and miners), etc..

Specifically, the addition of one or more designated “administrators” defeats the purpose of the invention and leads to unclear benefits compared to a traditonal relational database.

So far there is no compelling evidence, other than expensive trials by big banks, that a “permissioned” blockchain is more cost-effective, practical or secure in the context of a private network.

Crucially, the value of tokens on a private blokchain is not a market value but a conventional value aggred upon by the network participants: these tokens are in fact IOUs recognized only by the parties.

The absence of bitcoins as “bearer assets” removes the option to use Bitcoin transactions as a trustless settlement mechanism.

Original article:
https://www.quora.com/Can-Blockchain-succeed-without-Bitcoin

Quote
Can “it “succeed without Bitcoin? Possible in theory (if the objectives are twisted accordingly) but very unlikely in practice.

Originally, the blockchain is a new type of database that can be used and maintained without a central administrator.

Unlike a traditional, relational database, the blockchain is administered through a consensus protocol. Therefore, whenever the word “blockchain” is used, we should ask which “blockchain” is in question, i.e what is the protocol ruling said blockchain.

The original Bitcoin blockchain that lives on the global Bitcoin network has proven to be an effective and reliable tool over a period of more than seven years with a 99.99% availabililty.

The properties of the original Bitcoin blockchain can be altered, often deteriorated, by any seemingly inocuous deviation from the original Bitcoin protocol.


I've seen at least one person already (unknowingly) give merit to a post that was copy and pasted from the internet, but checking every post before you give it merit is just going to be too time consuming and not worth the hassle. It's natural that copy and pasted posts will occasionally get merit but if they keep doing it the likelihood of them getting found out and perma banned just increases along with it so is it really worth the risk? All we can do is keep an eye out for it and copy and pasters usually get caught eventually but people trying to cheat the merit system in this or other ways are just something we're going to have to look out for.
I believe they will start to put sources in such posts, which is something either for press section or shouldn't be allowed in first place unless it is important for discussion/topic and/or someone wants to point something and in that case it should be either under quote or at least italicized. On side note I think I have good idea how to improve merit system, just have to write all things down.
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