Quote from: Zed30 on September 12, 2019, 07:20:04 AM

Quote from: Leebecks on August 19, 2019, 12:07:20 PM

Thank you for the information, it's helpful atleast Now I will know and where to operate a wallet.

Just imagine yourself giving a key to your room, where you store your valuable stuffs like cash, computers, etc., to someone else or a stranger. Can you imagine how dangerous that is? That is similar to wallets and exchanges having control of your private keys.

Yes, I am familiar with the case when my friend’s wallet data was hacked, knowing only his phone number. Fortunately, I managed to contact technical support and restore everything. But for him it was very scary ...

It’s good that you at least had time, many only get in touch, but there are no more funds ...

Quote from: giovinco21 on September 17, 2019, 07:47:22 PM

Sure it can. But it won't. Bitcoin is pretty much unusable for day-to-day practice, too slow, too complicated. There are many more exciting projects which are getting hard into everyday shoppings like dgb for example. It's amazing for me how btc is going further and further but it won't become a global currency. I think that something else is going to be created in the future, something based on cryptocurrencies, related to it, but not BTC. Cryptocurrencies are just a transition moment in the evolution of modern, financial world. Well, we'll see soon :>

Well, I don’t know how bitcoin is good for experienced users for me, well, for promising, long transactions, well, of course, it is not suitable for beginners. In general, you speak correctly.

Yes, Bitcoin is a very complex coin, well, relatively complex. Unstable. For experienced.

Quote from: RapidRabbit on September 25, 2019, 03:52:09 PM

Well, there are a lot of websites where it's possible to buy cryptocurrencies nowadays. So, yes - buying cryptocurrencies isn't difficult. But there are a lot of scams so it's hard to find a proper platform where you can do that. I consider cryptocurrency exchanges as the best way of purchasing. For example Kraken or CoinDeal are very professional and reliable websites.

There are even scammers who request more data, and the service itself is carried out without fraud, but the data is used for personal gain. Of course I didn’t see it myself, but I heard about such ones.

I also heard there are special sites requesting passport data specifically for fraud. Passport data in good hands - this is very dangerous. Before registering, I always check the site, read reviews, watch videos and so on.

Quote from: abc123 on October 03, 2019, 10:43:43 AM

Now altcoins are worth buying.but Now not all altcoins are a good coins that have potential. Ethereum, Bitcoin cash,Tron, Stellar,Neo, and Cardano are best coins to invest.I believe this coins future is will be bright.

In general, altcoins are complex and not stable, and investing is only better for experienced ones, the main info about altcoins is here, who are interested, read: https: //bitgid.com/chto-takoe-altkoiny/

It is better to start with cheaper coins, for example Ethereum, by the way it is more stable and does not jump. With altcoins, everything is more complicated, here you are right.

1. KYC: stands for Know Your Customer, the company sometimes uses the personal data of its members which is verified through photos of personal data such as ID cards, passports, or driving licenses.

2. Airdrop: is a free gift from a new coin company to promote its project, sometimes can be obtained without cost from the company

3. Bounty: while the bounty is a gift that can be obtained after we finish doing a job that is ordered by the bounty manager

I knew 2 and 3, but I heard 1 for the first time, Thank you) And the question is, why does the company use personal data of employees?

Quote from: Zed30 on September 14, 2019, 08:29:29 AM

The point is you have complete control over other people's funds and that you can withhold them at anytime. The only way users can gain access again is by undergoing KYC procedure. That's something crypto exchanges do and not wallets.

And that's the fact, some asset storage services don't notify at the beginning (at least on the homepage of their site/app or notification popup when opening the app for the first time) that they will enforce KYC for asset withdrawals later. They even prefer to represent their features such as easy registration and deposit with attractive bonus offers rather than requirements that must pass by their users along with the consequences. I think it's a bit of a trap. However, the user's assets are the user's full rights.

Yea, no checks, no identification, only captcha. I don’t know, of course, I can’t vouch, but on normal resources, they take protection from bots, Spam, etc. very seriously.