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Does anyone know anything about what's going on? Or have their contact info?
The wallet itself, and their website, seem to be unreachable.
I did some digging and it appears that apart from their "subreddit", they've deleted everything else... Unfortunately, there was an announcement a month ago that they'll halt its operation after 30 days [I hope you didn't have any assets on Incognito]:The wallet itself, and their website, seem to be unreachable.
This might probably the single most worst event in my life so far. Wtf does sunsetting mean? Gone forever?
The described their app as the "incognito wallet" ... so I thought it was a wallet not an exchange. You get a seed phrase and everything for it. There is an exchange function on the wallet itself, but I thought my funds were safe. Of course, I think I'm the biggest retard on the planet, because I had a small feeling that maybe I shouldn't keep most of my bitcoin on there... but it had good reviews on google play store, I couldn't really find examples of anyone getting scammed...
... And it's in large part the fault of the US gov. If not for their damned eye of Sauron type obsession with not allowing privacy I wouldn't have just stuck with electrum or exodus or some other regular standard wallet. My god, heaven forbid someone wants bitcoin to act as digital cash.
I'm in so much pain right now. I saw your replies earlier. I didn't have the composure till now to reply. I've still got some minor hope that "sunsetting" doesn't mean what I think it means. It's so unfair too because I only saw that post not too long after the last day expired. I didn't think to check every so often. Checking stuff within every month? 30 days is nothing. It's so painful because I can't even talk to anyone about it. It's like a few years off my life that I worked for nothing.
I mean technically I haven't tried putting the seed phrase into any other type of wallet. But... from what I've looked up, it was their own like thing. So I don't think it's savable or will work, I'll see about . I'll wait and see and try to figure things out before hand before I do anything drastic. Just telling myself maybe there is a way out of the nightmare here.
And not all of the bitcoin addresses sending?
I just want to send from the last receiving address, the exact amount that it received? How do I do that?
I just want to send from the last receiving address, the exact amount that it received? How do I do that?
Which wallet are you using?
Safepal
I've seen them pop up all around me, in small convenience stores and even restaurants. I was wondering if it's a good option to buy a gift for someone else, or are the fees too high and it's not worth it? Also I'm not sure how it works but figuring they give you a private key, and how safe is that?
It isn't safe, it's cost-inefficient and if you have an alternative (which everyone does) then use the alternative.
The alternative?
P2P markets like AgoraDesk, which allows you to trade Bitcoin to-and-from for cash, gift cards and more. The fee is 50-80℅ lower than Bitcoin ATMs, so it's a no brainer to try P2P marketplaces before using an ATM.
In terms of safety, P2P is a lot safer than how ATMs go about their operation.
It is also inconvenient since I have to go out of the safety of my house just to convert my Bitcoin to fiat or vice versa when I can just transact online using either centralized or decentralized exchanges. Besides micro payment processing apps have cryptocurrency features where we can exchange and convert fiat and crypto accordingly.
I am always worried about being scammed on sites like that. The ATM gives you bitcoin when you put in money. What if someone says they didn't get your payment? But you already mailed out the money?
I've seen them pop up all around me, in small convenience stores and even restaurants. I was wondering if it's a good option to buy a gift for someone else, or are the fees too high and it's not worth it? Also I'm not sure how it works but figuring they give you a private key, and how safe is that?
Long as they're not the type that asks for ID. Yes. It's the only bitcoin I buy because KYC is very bad to go through to buy bitcoin.
Don't ever give your ID.
Is it true that if you bounce bitcoin back and forth to different wallets
that after a certain amount of time the bitcoin becomes practically anonymous? As in, not being able to be traced back to the original KYC exchange?
I do not see anything that could go wrong way by providing ID.
Until the gov decides to ban bitcoin, or impose some new tax on unrealized capital gains, or a million other things it could do. And they know exactly who owns bitcoin, so they would be coming directly to your doorstep wanting to have a chat with you.
My question to people who like KYC is why risk your future when you know how historically governments tend to want to limit the freedom of their people?
KYC is the most dumbest thing that's ever created that's related to cryptocurrency.
I mean we all want privacy as much as possible right. The problem right now is that, if we really wanted to buy some coins, we need to do KYC in various exchanges. I don't know if there are some exchanges (aside from DeFi) who aren't doing KYC for their customers.
As much as possible, we don't like KYC, but it's required and will be required if we really want to buy and sell cryptocurrencies. TBH, I've also done KYC in Binance just so that I can buy certain cryptocurrencies. I don't like it, but it's needed in order for me to use their other services, and there's nothing that I can do. Yes, it's dangerous, but is there other way for us to use a particular platform without sharing personal information to them?
In the end, it will be a choice between just sharing your personal information, or not using the platform at all.
I mean we all want privacy as much as possible right. The problem right now is that, if we really wanted to buy some coins, we need to do KYC in various exchanges. I don't know if there are some exchanges (aside from DeFi) who aren't doing KYC for their customers.
As much as possible, we don't like KYC, but it's required and will be required if we really want to buy and sell cryptocurrencies. TBH, I've also done KYC in Binance just so that I can buy certain cryptocurrencies. I don't like it, but it's needed in order for me to use their other services, and there's nothing that I can do. Yes, it's dangerous, but is there other way for us to use a particular platform without sharing personal information to them?
In the end, it will be a choice between just sharing your personal information, or not using the platform at all.
There are still ways to buy bitcoin without KYC. And there are still exchanges that don't require it. I highly recommend to buy some anonymous bitcoin while you can.
But anon bitcoin and hold it. You can still use your KYC bitcoin but anonymous bitcoin might become more valuable one day just because of the anonymity.
I'd personally pay a little more for mined bitcoin that hasn't been traded on an exchange, and, I'd pay more for older mined bitcoin than newer mined.
Too bad there exists no area where people can just meet each other IRL (in my area) and buy or sell bitcoin. Everyone in my town exclusively wants to buy and no one is selling.
Before going further please do not mad at me if I say this post doesn't belong here take it to the speculation board https://bitcointalk.org/index.php?board=57.0 where it would be properly discussed, this section is more of bitcoin related discussion.
As per your question there's every tendency for that to happened if terra USD could fall to zero what more Dai.
As per your question there's every tendency for that to happened if terra USD could fall to zero what more Dai.
That board is for speculation of the Bitcoin market. If anything, it belongs in the Altcoin DIscussion board considering USDC and DAI are both altcoins. If you're going to try and be a moderator, at least do it right
It's unlikely that DAI or USDC will fall to zero because they are not inherently flawed like Terra was. Terra was built to fail...I do not believe that DAI was built to fail, and while I do not believe in the values of USDC, I also do not believe that was built to fail. I do however, believe that USDC have been very irresponsible in their management (evident of their losses in Silvergate) and therefor may fail (or at least be hindered) due to this reason. My guess is that they will be bailed out though and all will be fine. This could be an opportunity for the fed to step in and take a piece of the USDC empire, pre-CBDC.
Can you elaborate more when you say built to fail?
It's looking kind of scary right now.
It depends on the news of the crypto market and the regulations. Another thing is if one exchange pauses the withdrawal of USDC and DAI, then everyone will start to panic. So my suggestion is to buy bitcoin rather than using USDC or DAI in this situation.
Looks like the falling knife has been caught.
The thing with stablecoins is for when you want to buy bitcoin on flash dips.
This is why people here stress you should buy bitcoin without KYC. Privacy is essential!
KYC is bad and should be avoided at all costs.
At very least, XMR swap, or mix your coins!
KYC is bad and should be avoided at all costs.
At very least, XMR swap, or mix your coins!
KYC is not bad because its the way to determine the people background. Its purpose is to detect any fraud that involves money laundering etc. Its just bad on crypto space since most of the project here doesnt have the capacity to safely store the data of their consumers thats why undergoing KYC on crypto projects is dangerous but KYC purposes itself is good if you are a law abiding citizen since your privacy is safe if the company handling it is license and trusted due to the confidentiality clause for the KYC procedure.
Yeah in a perfect world I guess but it's not just about hacks, it's about governments trying to be like Big Brother watching everything. Hell, I'm against it on principle of "I don't want anyone knowing how much money I have because it's none of their business!"
In fact, it's not even about "safety" it's more so about control. All this KYC stuff is the result of 9/11 'paranoia' in our government, and other people in our government used the opportunity to push for less privacy. It's all hogwash. We don't need KYC, it does more harm than good.
Bitcoin is supposed to be like cash, a digital payment method, it's not supposed to have a name to every wallet. Some anoninimity was intentional by design. Anyways, there will come a time in which it will be impossible to buy non KYC bitcoin, and probably no way to erase your paper trail as I predict one day XMR will be on the chopping block... so I suggest everyone reading this do it now while you can.
⭐ Merited by DdmrDdmr (2)
If so, does the content that I posted on here stay on here under my name or does it show up as "deleted user" or something like that?
I dont really mind my account remaining on here but the issue being my IP address being stored/logged could cause me trouble in the future. So does deleting my account remove all the stuff I posted?
If not, does deleting this account disconnect this account from those things posted? Or is it still stored/logged? In which case the best I could do is simply remove everything I can from what I posted. I honestly would like to keep those things up... but... Idk if it would still be connected to this account, which was connected to my real IP at one point. Idk.
I dont really mind my account remaining on here but the issue being my IP address being stored/logged could cause me trouble in the future. So does deleting my account remove all the stuff I posted?
If not, does deleting this account disconnect this account from those things posted? Or is it still stored/logged? In which case the best I could do is simply remove everything I can from what I posted. I honestly would like to keep those things up... but... Idk if it would still be connected to this account, which was connected to my real IP at one point. Idk.
Might not remember much of anything
This is where the problem lies. Anything that requires you to have some knowledge or memory might fail. Anything that does not require some knowledge or memory is something that ANYONE else could do and therefore take your bitcoin.If... lets say, you kept it in a steel container with instructions
Will you remember it's in a steel container? WIll the container be hidden in a way that you can find it?If finding it requires memory of it, then you might not remember. If finding it does not require memory of it, then someone else may find it.
any way to make sure the people freezing you dont just take it?
Only if you can count on having a memory of it.Or if they dont, what if you wake up, and you dont realize what you have?
Yep. You either need to trust someone with the info (in case you forget), or you need to trust that you'll have memory.Maybe I could put on on stainless steel, like a thin sheet, scratch the seed phrase in, then have it shoved in my arm or leg and stitch it up, then die, wake up.
If they search your body before freezing you, they'll likely find it (especially if they xray you first).Maybe have some sort of instructions that would only make sense to me in the event i forget about it...
And if you forget the thing that allows those instructions to make sense to you?or..... maybe like... I put it in an awkward place in my arm or leg so it's guaranteed to give me some major issues and will need removed so it will remind me. like if i forget my memories, I wake up, ouch my leg kinda hurts when i walk. go to doc, doc x rays and is like you got some random metal in your leg wtf lets remove it. on th metal, rolled up, it says "my name" or whatever to open only. no one else. then has instructions how to retrieve the btc?
You still have to hope that nobody discovers it in the freezing process and that nobody discovers it while you're frozen. You also need to hope that having a chunk of metal won't interfere with the freezing process and make it ineffective or severely damage the surrounding tissue.Like go to a bank and be like hey, can I rent out the safe deposit box for the next 100 years?
Will you remember that you put something in the bank box? And if you do, the bank might go out of business 10 years before you are revived and all contents of unclaimed boxes are destroyed?Anything that requires knowledge, requires you to remember something. Planning under the assumption of a loss of memory means planning for the possibility that you are a completely different person, meaning that a completely different person can access it.
Thank you thank you very much for reading through all that and all your opinions/comments. That's a lot to think about so yeah... I got to figure this out...