Mining on a paperclip computer might be a challenge.

https://www.evilmadscientist.com/2013/paperclip/

Someone on the rebound might leave their Vulcan ex in teleport limbo on a double spend.

Looks like OP hasn't logged in since the day this was posted.

I'm guessing a bit here based on the vague details, but it sounds like he sold crypto on a peer-to-peer platform and allowed buyers to pay him using bank transfers. The risk with this is that the buyer may have transacted with a hacked bank account. By the time the bank realized or was notified of what was going on and froze OP's bank assets, the criminal was long gone with OP's crypto coins. Now the bank will confirm the theft and attempt to refund the defrauded bank account customers. OP's funds will remain frozen until that is resolved. It could take months. Meanwhile, OP may also lose access to the banking transfer services he was using to do these transactions, not to mention his money and his coins.

Things to do to resolve the problem:

1. Contact the P2P platform and make them aware of the issue. At least, the P2P may ban the hacker, but that is of little help to the OP.

2. Contact the bank's fraud department and give them an honest of full report on the transactions. Explain to them what you were doing with details, not some vague explanation as was posted here. You will need to do this in writing and send it to the bank's fraud department agent working on your case.

3. Explain that you were defrauded. Explain that you did not know you were dealing with a dishonest customer.

4. Request that your banking privileges be restored.

5. The fraud department at your bank may request that you personally prove that the transactions were not fraudulent. That will be impossible given the anonymity of the transactions and the fact that the P2P platform will probably not cooperate with the investigation. Furthermore, you will have a hard time finding any police agency willing to help you.

6. After you've done all that, just wait. After some time has passed, your bank funds - what's left of them - will be released. You will have to call the bank fraud department from time-to-time to get status on the situation. Eventually, they will release the balance of your funds after defrauded account holders have been refunded.

7. Don't do this anymore. Find a legit service that can exchange your coins for money if that's what you need. P2P bank transfers isn't it.

If I were struggling through a recession, I would be interested in neither, and so would a lot of other investors.

I'm thinking that a recession involves an economic slowdown which means companies are looking for cash, and employees are getting laid off. That's a boatload if entities and people looking to sell off investments to pay bills. You can't eat gold nor tokens. Eventually, that means the price of gold drops and so does Bitcoin.

To prepare for a recession, I'd be vested in passive income that I think would weather well in those times; something that gives me what I need to keep my family afloat. If I succeed at that, a recession might actually be the cue to buy Bitcoin curiously enough. But I wouldn't be buying gold or Bitcoin to "prepare" for a recession, goodness no.

This is not a very strong argument for your statement that Bitcoin can only go down. "In the same sense" as you put it, gold is just a substance extracted from the ground and the greenback is just a type of paper with fancy markings on it.

Unfortunately, yes, I had some BTC stolen from me this summer. I sold some BTC at that time using a well-known, long-established site. Some of the buyers used hacked bank accounts to buy from me. By the time I realized what had happened, of course the BTC was long gone. I lost 3000.00 CAD so far. I had to work with the fraud department at my bank. I'm over the fact that I lost that money but it's probably needless to say it was painful and embarrassing at the time. I wanted a quick sale and in my greed chose to do something less secure. Unfortunately, this is still something I am reminded of every time I look at my chequing account because the bank cannot release a remaining 7000.00 CAD I received from BTC trades. They locked that money indefinitely when the fraud occurred. It seems they have arbitrarily locked the funds related to BTC sales, and I have yet to get those funds released 4 months later.

As others have mentioned, the developer posted information that the poloniex lending bot service would be discontinued at a given date but it kept working beyond that, and now the accounts and similar functionality is available from aivren.com. The old URL redirects there. I use this service. So I am confirming that my plb account works on aivren. This service is not affiliated with Poloniex. It simply uses the Poloniex API to automate loan offers for you.

If you read their FAQ, they have a slack channel you can apparently join. I have not, so I cannot comment further as to their future plans.

I think I will continue to do what I have been doing which is to make a bit of interest on the BTC I have...

"In practice, this means someone arriving at a border crossing could prove he or she had come from a refugee camp and qualify for aid. Or a displaced person in a new country could use the ID system to call up his or her school records."

If in practice this could be used to pull up your school records, then it implies this, your permanent blockchain ID stored on computers word-wide could be used to store a lot of different kinds of information on you, some you might like to forget exists.

The intention is to use this only to help migrants? hmm yeah. I'll believe that yup yup yup.

Some of these miners have gizmo appeal. I have a large coffee can full of Block Erupters I haven't touched in years. Just last week, I was sorting computer parts and cables from the storage bin and plugged a few of these Erupters in and fired off Multiminer. They still work. It puzzles my sister's boyfriend. Blinky-shiny. I built a small rack for them out of recycled pieces of wood. It's my retro miner object d'art.

Perhaps some people buy these old miners and burn a bit of power in the hope of mining a coin that might be worth something in the future. I think I have PPC somewhere in cold storage. he he.

I sure wish I had the bitcoins I had in my wallet in 2013.

As for me, I'm keeping my Erupters as much as I wish I had kept my Commodore 64. It's unique, like my dad's Ham radio Morse keys and my grandma's Bakelite AM radio, which still works by the way.

C'est pourtant beau, les markets Poloniex sonts quasiment touts verts ce soir. Un gros sapin de coins. 

Je n'achète pas. Mais le LTC grimpe et grimpe. Je ne sais pas. Je touche a rien. Vaut mieu que j'aille jouer dehors.... 

Disons que tu as achete des ETH, des DASH, des LTC et des XMR sur Poloniex en vue de les echanger a cour-terme. C'est dans ce cas la. Je sais qu'on nous dis de ne pas laisser nos tokens sur les echanges mais j'avoue que c'est ce que je fais. Je vais chercher les interets sur ces alts jusqu'a ce que je veux les vendre. Donc, je n'ai jamais besoin de tout ces autres portefeuilles. Je retourne toujours au BTC a la fin de mes echanges. Je ne sais pas si c'est bien ou mal, mais c'est ma methode. Je ne te dis pas quoi faire. Faudrait pas que tu perdes toutes tes token a cause de mon avis ha ha.

Salut et bienvenue,

Ca va te prendre des nerfs d'acier si tu comptes investir dans les altcoins. Se résister de vendre lorsque tout semble chuter pour de bon, c'est pas évident. 

T'as pas besoin de plusieurs portefeuilles si ta baseline est en BTC. Considère qu'il y a des coûts à chaque transferts de tes portefeuilles.

Essaies Poloniex pour tes trades parce que là, tu peux aussi aller chercher un peu d'intérêt sur certaines des monnaies que tu tiens. 

Essaie Minergate pour miner avec tes vieilles machines. C'est un passe-temps, pas un gagne-pain.

Prépares-toi a toutes sortes de surprises. C'est facile d'acheter au mauvais moment et de vendre aux moments les moins opportuns.

C'est du gambling.

If I died, my coins would be lost to my family. Nobody would remember that I dabbled in this stuff. Nobody would care.

Good idea. I think I'll write a note and put it in a place they could find it when they start rummaging through my files...

J'ai fait le swap.

J'ai vu un message sur poloniex avant le 15. J'ai eu d'la chance peut-être. Ca reste a voir.

Payment sent.

Hi there,

I'd like 6 please.

I agree with this. You can invest small amounts and learn the ropes. You'll make mistakes, learn and perhaps become successful at it. You won't know if you don't try. Risk and other problems exist no matter what you decide to invest in. Socking your Bitcoins in cold storage waiting for the coin to gain value is also a bet and carries its own risk.

Cloudmining.