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commish

Attempted to circumvent ban with alt account
Banned
Oct 26, 2017
2,274
Bitgrail thing is crazy. I never used the site - only bought on Mercatox - but that could have easily been me. Always use wallets should be #1 crypto rule.
 

mashoutposse

Banned
Oct 29, 2017
445
With all of the negative press, is there anyone here still on Bitfinex?

Starting to believe it's a zombie exchange with fake volume that exists solely to siphon away real crypto from its few remaining customers and other exchanges with Tether.
 

Drifters_

Banned
Oct 25, 2017
1,237
All Discord invites that met the window criteria and Discord name requirement have been sent out. I received no less than 10 PM's with no Discord name information of which you'll have to wait until next time.

Targeting first week of March for next round of invites.
 

Prologue

Banned
Oct 28, 2017
781
Stuff down now because of the whole Bitgrail thing?

Always something negative in the crypto-verse lol. Reliving high school all over again. Always some new drama around the corner.
 

MetalicSand

Member
Oct 25, 2017
90
So no more discord invites again? That's 2 months waiting again after messaging multiple times. Ill stick to this forum then.
 

SABO.

Member
Nov 6, 2017
5,872
Envion already trading at about $1.30 without hitting a proper exchange.

When it launches on HiitBTC this week, things should get fun.

The Swiss may just yet pull this one off!
 

saladine1

Member
Oct 27, 2017
58
So, basically, any coin or token can have the best news in the world announced. "XRP will now be used as the national currency of USA"
But as long as a coin is tied to BTC that kind of news just wouldn't really matter right?
If BTC goes down, other coins go down. If BTC goes up, other coins go up.
That's what I'm seeing anyway..
 

Sirpopopop

_ _ _ w _ _ _
Member
Oct 23, 2017
794
Most coins values are measured in BTC.

You are betting that the coin you buy is going to outperform BTC. Your dollar value can go up and down according to BTC's whims if the coin you purchased follows BTC's ebb & flow. In a bull market, you are more likely to find coins breaking out of BTC's ebb & flow than during a bear market like this one.
 

Brandson

Member
Oct 26, 2017
2,219
Brandson, what do you think about the market movement this weekend?

Enough of a pullback to 7800?

There are mixed signals. My plan is to just hold or possibly consider selling if BTC falls below 7700 GDAX on volume or gets rejected by the downtrend line again. I still maintain that I don't think it is ultimately necessary to trade any of these moves.
 

Cipherr

Member
Oct 26, 2017
13,436
Lol at bitgrail using client side javascript for verification of withdrawal limits

Is that as bad as it sounds? They had a system that verified whether the person was allowed to withdraw the requested amount, client side instead of server side? Does that count as a hack even? Would someone modifying client side variables even need to compromise the server to exploit something like that?
 

sangreal

Banned
Oct 25, 2017
10,890
Bitgrail was such a slow motion trainwreck. Felt like the jig was up weeks ago but nobody wanted to admit it
 

Syder

The Moyes are Back in Town
Moderator
Oct 25, 2017
12,543
Seems like the supposed "hack" took place a long time ago and Bomber was allowing people to keep buying so he could pay older users. Literally robbing Peter to pay Paul.
 

Dosia

Banned
Oct 27, 2017
385
So i made $180 yesterday but lost $100 today when it started tanking real quick and I sold. I'm going to give it 2 weeks to fall again otherwise I am just going to invest in actual stocks. I have not been able to adjust to the volatility of the market like I thought I would and honestly this is addicting in a bad way for me. I am non stop looking at GDAX and over thinking all trends. :/
 

GaimeGuy

Banned
Oct 25, 2017
5,092
Is that as bad as it sounds? They had a system that verified whether the person was allowed to withdraw the requested amount, client side instead of server side? Does that count as a hack even? Would someone modifying client side variables even need to compromise the server to exploit something like that?
Yeah, it's as bad as it sounds. Apparently you could open your browser's console, dive into the withdrawal code (bypassing the check), and execute that script with your withdrawal amount of choice.

No compromise of the server
 

sangreal

Banned
Oct 25, 2017
10,890
It sounds terrible, and its certainly plausible given the way exchanges co-mingle funds but isn't also just based on a 4chan post?
 

SABO.

Member
Nov 6, 2017
5,872
Check this out lol



They've done well to roll out some ATMs already. Can imagine this bringing in a lot of casual hopers, dreamers and fish who dream of getting rich and have heard of how much Bitcoin can fluctuate. Being able to buy Bitcoin from an ATM with your Debit Card will bring in a lot of people.

There's also been pop-up stands in our shopping centres with people peddling Bitcoin to unsuspecting people, helping them buy Bitcoin with their credit cards at a nice mark up (weekend value for BTC was 11k AUD but this pop-up was pushing it at 13k AUD)

Obviously the Australian market isn't quite big enough to influence the world market but this could be a good (or bad depending on who you're thinking of) sign of things to come for crypto with more average joe's entering the market.

Of course this is the type of shit that can make Governments take notice and introduce strict regulations as well...
 

Sloane

Member
Oct 25, 2017
1,244
It sounds terrible, and its certainly plausible given the way exchanges co-mingle funds but isn't also just based on a 4chan post?
Yes. There were server-side checks.

It's hard to tell what exactly happened, even after Nano's investigation in the matter. The cold wallet itself (which was the hot wallet back in October) could not have been "hacked", otherwise Firano couldn't / wouldn't have kept using it. A website bug sounds somewhat possible but even in October 1 million XRB was around $100k which "should" have collided with withdrawal limits. Some people think Firano took the coins himself to invest them on other exchanges -- but considering the crazy November-January run, he should have more than enough money than, not matter what he invested in.

Also, if those 15 million XRB or whatever it was total went immediately back onto Bitgrail's and Mercatox' markets, wouldn't the price have crashed? And how did BitGrail not notice the supposedly stolen funds? They would have been easily traceable for them once they were sent back to BitGrail Rep 1. It's all pretty weird.
 
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Sirpopopop

_ _ _ w _ _ _
Member
Oct 23, 2017
794
Discord's not all that lively right now either.

I think a lot of people are either turtling on their holdings for now or just got out.

Plus... a lot of people here were in on XRB, and left it on the exchanges. They might be too pissed off at crypto to bother talking about it for now.
 

Naked Snake

Member
Oct 27, 2017
1,105
I don't trade (too risky and time consuming). I just hodl BTC. And I get excited when it's going down, not up, because I can buy more for my money.

I got in at 8K in November, kept buying all the way up until 16K, so I'm in the red now. Not buying more unless it goes below 7K, which I hope it does... I know this isn't a popular sentiment in crypto, but I would love to see the market tank for a few months, because it will give me time to earn some fiat to invest as I don't have much that I can throw in right now.
 

GS_Dan

Member
Oct 30, 2017
1,973
Discord's not all that lively right now either.

I think a lot of people are either turtling on their holdings for now or just got out.

Plus... a lot of people here were in on XRB, and left it on the exchanges. They might be too pissed off at crypto to bother talking about it for now.
Things have also been going sideways for a while, it's a bit boring
 

artsi

Member
Oct 26, 2017
2,686
Finland
Looks like VeChain is planning / trying to partner with Belgium.
Bullish news, despite market still being what it is.



 

Sloane

Member
Oct 25, 2017
1,244
Still hard for me to comprehend why VEN's market cap continues to be that "low". Is there any other crypto with a comparable amount of partners / customers / connections?
 

artsi

Member
Oct 26, 2017
2,686
Finland
It's healthy to have some skepticism of a blockchain developer who tweets out every meeting.

Are you saying blockchain project on a national level is insignificant, or that they are somehow untrustworthy because they keep investors informed on a regular basis in between big partnership news?

The other side seems to be as excited about it.



Sunny Lu is an experienced businessman and his job on the project is to go around the world gathering partnerships and tie connections, so that's what he tweets about.
The project managers and people working on technical aspects are doing just that.
 

Sloane

Member
Oct 25, 2017
1,244
Are you saying blockchain project on a national level is insignificant, or that they are somehow untrustworthy because they keep investors informed on a regular basis in between big partnership news?

The other side seems to be as excited about it.



Sunny Lu is an experienced businessman and his job on the project is to go around the world gathering partnerships and tie connections, so that's what he tweets about.
The project managers and people working on technical aspects are doing just that.

Yeah. Back in December I kept thinking it might be a scam but that DNV event should have put most doubts to rest, I would think. Meeting don't have to lead to anything obviously but the amount of actual partnerships / customers they have announced so far is still impressive.
 

artsi

Member
Oct 26, 2017
2,686
Finland
This.

One of the founding countries of the EU lol. Might be true, but it doesn't mean anything.

Sometimes hype is all you need in crypto.

You're reading too much into the tweet itself, instead of the essence of what they're meeting about.

Belgium is not a big country but if they start working together it's still blockchain on a national level, good for all crypto adoption, and European Union is based in Belgium (Brussels) so it's not a bad place to start their EU expansion.
 

GS_Dan

Member
Oct 30, 2017
1,973
VEN's main use case is in distribution. Talking to the EU seems like a logical step.
Starting with Belgium just seems to add credibility to the product in my eyes. Having Brussels on board when sorting out anything to do with trade would be huge, no?