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BITCOIN
Comments
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I'm a big fan of Coinbase pro too- looked scary at first but watched a few how to vids on Youtube and really enjoy using it now and I find other exchanges suck as KuCoin and Bitforex less scary too.0
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OK with the price pretty low do you think this is a good opportunity to buy some? I can afford to lose, I wouldn't invest anything I cant afford. Was just thinking of putting in £800 because I got a unexpected rebate. Any recommendations where to buy? Preferably something with an app. I've heard Ziglu mentioned.0
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Swissborg I think has the best retail app, super easy to top up £, buy and stake your coins too. Ping me a DM if you want me to shill a ref code.
Others I've used, CB Pro, Zumo, Binance.
Ziglu is regulated but only CFDs I think, i.e you can't withdraw externally.-1 -
It feels like this forum is being infiltrated by crypto shills to covert the people who normally read/use the forum...3
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Type_45 said:It feels like this forum is being infiltrated by crypto shills to covert the people who normally read/use the forum...6
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China clamping down on crypto: https://www.bbc.co.uk/news/business-575495431
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China fud? That's new0
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This is not meant as a "See I told you bitcoin was rubbish..." comment, but from today's South Africa Bitcoin fraud story:
"The lawyers hired by the investors found, through blockchain analysis, that coins from Africrypt’s wallets had been run through Bitcoin mixers and tumblers to hamper any further tracing. Cryptocurrency exchanges were said to be on the look out for any signs of anyone trading the coins."
I thought one of the benefits of Bitcoin was that it was totally fraud proof because everyone on the planet has a copy of the ledger saying who owns what? Just wondering if anyone can explain what these 'mixers and tumblers' are and how they make tracing stolen Bitcoins hard to track?0 -
Interesting read from Evidence-based Investor newsletter0
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lozzy1965 said:This is not meant as a "See I told you bitcoin was rubbish..." comment, but from today's South Africa Bitcoin fraud story:
"The lawyers hired by the investors found, through blockchain analysis, that coins from Africrypt’s wallets had been run through Bitcoin mixers and tumblers to hamper any further tracing. Cryptocurrency exchanges were said to be on the look out for any signs of anyone trading the coins."
I thought one of the benefits of Bitcoin was that it was totally fraud proof because everyone on the planet has a copy of the ledger saying who owns what? Just wondering if anyone can explain what these 'mixers and tumblers' are and how they make tracing stolen Bitcoins hard to track?
Mixers are used to make it more difficult to figure out the history of where a coin or coins have been and their wallet history etc. Actually I'd say most big exchanges like Binance/Kraken are essentially mixers now too as they do so much volume. Good luck trying to track 1 BTC through their infrastructure.
Every single BTC txn that's ever happened is recorded, yep. Doesn't mean you'd have half a clue of what each of them where though, and you don't know who owns the wallets (unless you do already know).1
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