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Showing 11 of 11 results by hubbida
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Board Exchanges
Re: Blacklisted Exchanges -- leave your horror story here
by
hubbida
on 01/08/2018, 15:16:18 UTC
Let's add this:

yobit: The worst exchange exists in the crypto world, already stole a lot of money from people.

YOBIT Scam Exchange

Yobit Scam withholding 10BTC

YOBIT Scam/Theft - waiting five months on $10000

And to add, yobt lists the worst altcoins


Thank you, I have added Yobit to the list.
Post
Topic
Board Exchanges
Blacklisted Exchanges -- leave your horror story here
by
hubbida
on 01/08/2018, 06:44:44 UTC
Paxful -- don't trust anyone on this exchange. It doesn't matter if they have 800,000 positive feedback or 0 feedback, sooner or later someone will screw you. I have multiple stories of scammers, whether it be paypal or gifts cards or anything, really, there is a scam with all payment methods. Better to simply stay away from it completely.

Poloniex -- suddenly holding everyone's funds and locking accounts? SCAM.

Cryptopia -- constant problems of coins being held, deposits not showing up, withdrawals not going through, and even after all the hype about the new CEO, they STILL have these problems. STAY AWAY.

Yobit -- many, many complaints of scams here.


What are your stories? Please share them here.
Post
Topic
Board Exchanges
Re: Cryptopia: Lot of users with issues in withdrawal and deposit
by
hubbida
on 20/02/2018, 18:22:33 UTC
I however don't understand why people keep using this exchange after everything that's going on. How difficult is it to just do a few minutes worth of Googling to find out that this exchange should be avoided at any cost?

Cryptopia is the only exchange that a lot of coins can be sold on, so maybe they feel like they have no choice and think it's worth the risk initially, until it's not.

Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [XMV] MoneroV - Fork 1:10 of Monero - Finite coin supply - Private
by
hubbida
on 19/02/2018, 18:43:50 UTC

hubbida, you clearly did not read the ANN thread in its entirety. It clearly states that everything is going to be open sourced and is rolling out on github. No downloadable file or binary is going to be published before then.

The Monero and MoneroV private keys, and by extension the XMR & XMV coins of holders, are completely safe as long as the official MoneroV wallet is being used to claim the MoneroV coins. The wallet source code like everything else will obviously be published and open sourced before it is released in its downloadable form.

Users do not and should not reveal their private keys to a third party at any stage. It is the same method Bitcoin holders used to claim their Bitcoin Cash coins. The official MoneroV wallet, along with all dependencies will be completely open sourced and available for everyone to validate and compile from source.

In addition, your supply of coins argument does not make sense because you did not factor in the percentages and the proportional distribution. In the beginning, every holder receives 10 times the amount in XMV. Because this is an even distribution, the purchasing value stays the same and there is no inflation. Afterwards, the inflation of both coins is exactly the same percentage wise until XMV hits 256 Million (XMR would be at this point 25.6 Million). After that point, MoneroV will stop inflating as it hit the max supply while Monero will keep inflating indefinitely.

 


This is the sort of false logic that everyone should be concerned about. You think I didn't read the ANN entirely because I bring up the fact that you have not released any code? You think the keys are safe despite offering no evidence that they are?

What about the issue with ring signature issue that straight up reveals user's true transaction inputs?

What about the fact that it'll take hundreds of years before XMV hits 256 million coins?

So far, with all the research available, there is no good reason to believe that MoneroV is more secure, nor is it less inflationary for any reasonable amount of time.

Looks like it's ultimately going to damage the Monero network.
Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin replace gold?
by
hubbida
on 18/02/2018, 04:31:24 UTC
At a base level, gold is used beyond a mere currency or store of value. The whole reason it is valuable in the first place is because of its usefulness in the real world. A digital currency needs to prove it's real world use if it is to contend with gold.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [XMV] MoneroV - Fork 1:10 of Monero - Finite coin supply - Private
by
hubbida
on 17/02/2018, 20:42:43 UTC
BEWARE FORKED COINS THAT ASK YOU TO GIVE YOUR PRIVATE KEYS

If you are thinking of partaking in the MoneroV experience, please think twice.

MoneroV developers are not releasing the code to be scrutinized prior to the fork and then asking people to give their private Monero keys to the XMV wallet in order to claim your 10x XMV coins. What this means is that the wallet code could have a backdoor in it that downloads your private keys so they can use them to steal your hard earned XMR. If this isn't true, the devs would release the code long before offering 10x the coins of your XMR. They are giving the illusion that receiving 10 times the XMR in XMV coins is merely an incentive to use the coin, but it's clearly to draw people in to get your private keys.

A private key is a private key. There is no good reason to ever share it with anyone unless you are purposefully selling your wallet for cash or trading it for something else. Your private key is your private key, do not ever give it to a forked coin for any reason.

More info:

Official Monero devs on the issue:
 - https://getmonero.org/2018/02/11/PoW-change-and-key-reuse.html
 - https://www.reddit.com/r/Monero/comments/7x2ymg/announcement_proofofwork_tweak_and_a_note_on_key/

XMV devs reddit damage control:
 - https://www.reddit.com/r/MoneroV/comments/7xv7ij/announcement_the_concern_troll_brigade_submission/

XMV airdrop privacy concerns:
 - https://www.reddit.com/r/MoneroV/comments/7x9mja/monerov_airdrop_automatic/
 - https://www.reddit.com/r/MoneroV/comments/7xkzza/hard_fork_privacy_concern/

You will notice some of those reddit threads raising the privacy issue of the coin are locked, an effort to block open criticism of the coin.



Remember: this coin is NOT open source. There is no code to scrutinize on their official github site: https://github.com/monerov

The finite circulation of coins is bogus as well:  https://www.reddit.com/r/MoneroV/comments/7w4iil/monerov_monero_hard_fork_march_2018_what_you_need/

Quote
"The supply of MoneroV is so high, you, I, everyone right now, will be dead before Monero has a higher supply than MoneroV.

In the year 2100 there would be 31,456,000 XMR vs ~8 times as many MoneroV

Even in the year 3500 there would still be less XMR than "XMV"."


This means that literally the only reason to move to XMV is to cash in on the 10 XMV coins per XMR. With no code to confirm that back doors do not exist, this is a HIGHLY RISKY FORK.


USER BEWARE!!



Post
Topic
Board Bitcoin Discussion
Re: Beware Cryptopia. Bogus tx ID on withdrawal, coins stolen!
by
hubbida
on 16/02/2018, 19:55:03 UTC
So did you ever get your coins? I noticed it has been a few weeks.
Post
Topic
Board Exchanges
Re: Cryptopia: Lot of users with issues in withdrawal and deposit
by
hubbida
on 01/02/2018, 20:02:40 UTC
I have no problems with Cryptopia,deposits work fine withdraws proceeded fast,faster than bittrex
No problem with trading
Gate is yet another binance bis hype,soon down

Cryptopia's platform sucks. Their support is worse. Trade cautiously.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is creating money out of thin air
by
hubbida
on 01/02/2018, 19:14:21 UTC
Gridcoin is a great coin because you're contributing your processing power to science and then getting coins for it. All other coins or more like an exchange of paying for electricity and equipment for coins, which is still significant, but with Gridcoin you're actually making a positive impact on the world. That's very valuable in the long run and I think people will wake up to this very soon.
Post
Topic
Board Bitcoin Discussion
Re: Beware Cryptopia. Bogus tx ID on withdrawal, coins stolen!
by
hubbida
on 01/02/2018, 18:33:46 UTC
This thread may be of interest to you

https://bitcointalk.org/index.php?topic=2639054.0

It seems transaction problems have been going on for a while with them, the OP saying it took 30 days for a deposit to show up. WTF??? haha Yeah forget that exchange, man. You'll have to take the loss and move on to something better. U.S. exchanges seem to be getting their act together. Poloniex, I didn't like in the past because their servers couldn't handle the users and I lost money, but they upgraded since then (that was like a year or so ago) and it's been smooth sailing ever since. Plus, they are getting ready to embrace U.S. regulatory measures so it's safer than an exchange like Cryptopia, but they are also still only trading coin to coin and operate out of Delaware where there are laxed regulations, so we'll see where they go from here.

Losing coins sucks though, hope things get better for you this year!
Post
Topic
Board Bitcoin Discussion
Re: Beware Cryptopia. Bogus tx ID on withdrawal, coins stolen!
by
hubbida
on 01/02/2018, 11:18:01 UTC
That is unfortunate. I never had problems with them but after reading those articles I am skeptical now. What coin were you withdrawing, may I ask?