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Showing 5 of 5 results by Rammortal
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Topic
Board Speculation
Re: What caused Bitcoin goes down very hard recently?
by
Rammortal
on 05/02/2018, 05:04:23 UTC
This is due to South Korea, Facebook banning all ads that promote cryptocurrencies, India govt news about bitcoin etc. Also Panic sell and whales play may takes place. At the moment no panic sell. Hold your BTC,,, HOLD HOLD HOLD HOLD HOLD HOLD. buying time.....  IT WILL BOOM SOON.
Post
Topic
Board Press & News from India
Re: [2017-02-16] ET: SBI takes lead in blockchain, to use it to prevent fraud
by
Rammortal
on 25/02/2017, 10:25:25 UTC
Yeah, heard that. That's a great news. SBI rolling out the system with the name of bank-chain collaborative with the couple of banks. SBI hardly beliving the block chain technology. They have more benefits by using the block chain technology. Paperwork can be reduced, also transparency is the main thing here. Cheers Smiley 
Post
Topic
Board Press
Re: [2017-02-24]Using a Bitcoin Service? You May Need to Change Your Password (Now)
by
Rammortal
on 25/02/2017, 06:34:05 UTC
How long ago was this known?
I think it was since September last year there was a breach in their service but they didn't report it until just now.
I hate when those companies hide these things when they actually do happen because they are thinking they are somehow doing "Damage control" but actually making it much much worst for them not notifying the public of these customer information have been comprised type of scenarios.

According to their blog post, they managed to solve the issue in less than 48 hrs.
https://blog.cloudflare.com/incident-report-on-memory-leak-caused-by-cloudflare-parser-bug/
I don't think it was known in September. It was reported by Tavis Ormandy last Friday.

But within that 48 hours all logins were comprised.
And the hackers have those lists.
So alot of accounts are dormant. And can be retrieved and used by those hackers.
Am I right or wrong in this scenario that is brewing in my mind about this security breach?
And they thought those leaked 15,000 or what however many emails were found by hackers, this is much worst for millions of people's information being waiting to be sold later on when the heat is off those that did the hack.

This outage was first spotted by the Tavis Ormandy, the British bug hunter from Google's Project Zero security team. He updated his findings on twitter

From Tavis Ormandy : Cloudflare have been leaking customer HTTPS sessions for months. Uber, 1Password, FitBit, OKCupid, etc.

https://bugs.chromium.org/p/project-zero/issues/detail?id=1139

I am hoping bugs played with the sessions only not with the data's. Let see.
Post
Topic
Board Economics
Re: Bitcoin or gold?
by
Rammortal
on 22/02/2017, 10:40:56 UTC
I never put all my assets in a single investment vehicle. This is a very risky situation for investment. Instead, I used different investment tools to minimize potential losses.

It makes more sense to buy gold with 50% of the money and take the bitcoin with the remaining 50%.

You should also consider diversifying your money into other asset classes as well because investments means not only just bitcoins and gold. But you can also invest in shares, bonds, some money in fixed deposits if your country is offering decent % of interest and real estate businesses. The more you diversify then the investor can reduce their losses in the longer run.

I agree.
OP just asked as gold and bitcoin. That's why I answered that. It makes sense to use different investment tools that we think will make money. This will minimize the damage.

But we need to know about the vehicles we will invest in. Investing in areas that we do not know is not very logical.
OP just inquiring about investing in bitcoin and gold, which is best? but I think you also have to look for other potential investments, and not a problem to use gold and bitcoin to invest
yes no dount that there are so many other opportunities of investment a trading but i think OP just comparing the two and want to know that in these two which one is more profitable. to me i think both are valuable investment but i think bitcoin have the edge that its value increase very rapidly therefore there are more chance that bitcoin will give you more profit as compare to gold.
It's just a guess and only gold in reality can be much more stable than the bitcoin.
yes gold is more stable but i think bitcoin is more good for investment and making money as gold is only good for holding your money safe but if you are interested in investment then you have the only choice and that is bitcoin.
yeah you are right that bitcoin is good to make profit through invest your money in bitcoin but i do not compare bitcoin with gold because bitcoin is a crypto currency and we can use bitcoin for everything and gold is just a precious metal and gold can be just use for jewellary.

Bother are the different investement ways. I dont want to compare with each other. Its an investing part thats it. It is also important to note that Gold has evidence of reliability. The only similarities between digital currencies and gold is that they largely function outside the banking system  Tongue.
Post
Topic
Board Bitcoin Discussion
Re: The BitCoin Cause
by
Rammortal
on 22/02/2017, 06:38:07 UTC
Bitcoin is a relatively new form of currency which was mainly created for peer-to-peer and transactions take place between users directly, without an intermediary. Yes, its a fast transaction method compared to bank and international wired transactions. I guess Gold is considered to be a must have precious metal/commodity. I believe Bitcoin will be a hit too.