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Crypto Currency ??

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Comments

  • MeteredOut
    MeteredOut Posts: 3,401 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 16 January at 7:22PM
    Scottex99 said:
    Yeah this is 99.999% a scam.

    When you say you have money “locked” in bitcoin,

    do you mean you’ve lost the private key/seed phrase to access your wallet?

    or did you just get scammed from the start on some dodgy investment site?

    very common for these guys to show fake profits and then demand more payments to unlock funds or pay tax or whatever. Of course there never was any profit from the start 
    Or they pass it onto a "third party" (which is actually the same people) who contacts the person scammed claiming they can magically get the "investment" back. For a fee, of course.

    But @catchatheif has not logged back in since the comment was made so we'll probably not find out.
  • Scottex99
    Scottex99 Posts: 815 Forumite
    Ninth Anniversary 500 Posts Name Dropper Photogenic
    edited 16 January at 8:07PM
    Google:

    Although 105 qubits represents a large step forward, breaking bitcoin's encryption would require anywhere from 1536 to 2338 qubits. Nonetheless, quantum computing is a threat to bitcoin that must be taken seriously, and bitcoin's protocol will need be updated sooner than later.

    @Bravepants
  • leonard_455
    leonard_455 Posts: 36 Forumite
    10 Posts First Anniversary Name Dropper
    Bit late to the party here but the whole "mining = printing money" comparison still pops up a lot. It’s closer to running the machinery that keeps the network alive, and the reward is a slice of new coins. I don’t run rigs myself, I’ve been using hashmole for a while just to get a feel for the mining side without turning my flat into a server room. It made it easier to actually see how block rewards flow instead of only reading theory.
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