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Crypto Currencies, and the next big thing

Discussion in 'Forex and Cryptocurrencies' started by cryptoman, Jun 7, 2017.

  1. pixel

    pixel DIY Trader

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    methinks there is an "i" too many in the name. It's rather a bit of a Bit-Con
     
    explod likes this.
  2. Modest

    Modest $PEPE

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    AEFH0v3.jpg

    BdqHVth.jpg

    giphy.gif
     
  3. matty77

    matty77

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    ANY coin that promises to pay you a certain % back on a daily basis I advise you to run from, there are a few new ones out being spruked by the same people that were involved in bitconnect, paying !% daily, or 2% daily etc, get your money back within 200 days if you invest over $10k

    DYOR as there are lots of dodgy ICO's going on at the moment.
     
    explod likes this.
  4. Logique

    Logique Investor

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    I'm getting seriously spam emailed about crypto currency platforms
     
    explod likes this.
  5. notting

    notting

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    Not a good look -

    Massive Japanese cryptocurrency hack won't be the last, Wall Street analyst says

    • The more than $500 million in cryptocurrency stolen by hackers from Coincheck last week was unlikely to be the last such attack, said Nicholas Colas, co-founder of DataTrek Research.
    • Coincheck announced Friday that around 523 million of its NEM coins, worth some $534.8 million, had been fraudulently sent to another account.
     
  6. DB008

    DB008

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    What were they thinking - keeping that amount of money in a hot wallet - absolute madness. They were asking for it. Looks like they are trying to do the right thing now....


    Japan cryptocurrency exchange to refund stolen $400m
    A Japan-based cryptocurrency exchange will refund to customers about $400m (£282m) stolen by hackers two days ago in one of the biggest thefts of digital funds.

    Coincheck said it would use its cash to reimburse about 46.3bn yen to the 260,000 people who lost their holdings of NEM, the world’s 10th-biggest cryptocurrency by market capitalisation.

    On Friday, the company detected an “unauthorised access” of the exchange and later suspended trading for all cryptocurrencies apart from bitcoin.

    Coincheck said its NEM coins were stored in a hot wallet instead of the more secure cold wallet, which is kept offline, because of technical difficulties and a shortage of staff capable of dealing with them.

    The resulting 58bn yen loss exceeded the value of bitcoin that disappeared from MtGox in 2014.


     
  7. DB008

    DB008

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    As I have said a number of times - whatever you purchase - move to a secure wallet (cold or paper or hardware). Leaving it on an exchange is opening yourself up to these hacks
     
  8. Indoril

    Indoril

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    Was reading up about Bitconnect and came across this gem.
    http://ponzicoin.co
    The FAQ is brilliant.
     
  9. satanoperca

    satanoperca

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    It is like Las Vegas in 2008. Were did everyone go, don't you want to be a zillionaire
     
  10. matty77

    matty77

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    good buying opportunity, im up to my neck in it.. lol well not really but I am having fun thats for sure.
     
  11. DB008

    DB008

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    This puts it into perspective....

    dot.com and crypto

     
  12. Joules MM1

    Joules MM1 ....everything has an art

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  13. Joules MM1

    Joules MM1 ....everything has an art

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  14. Modest

    Modest $PEPE

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    [​IMG]
     
    McLovin, kid hustlr and Joules MM1 like this.
  15. Joules MM1

    Joules MM1 ....everything has an art

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    and then
     
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  16. Modest

    Modest $PEPE

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    Sideshow Bob Hair: "If nobody understands it why you getting into it?"
    Punter: "no no I totally get it it"

    Haha
     
  17. Joules MM1

    Joules MM1 ....everything has an art

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  18. sptrawler

    sptrawler

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  19. tech/a

    tech/a No Ordinary Duck

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    Those headlines are the Wrong way round!
     
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