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Vert's Bitcoin Thread


VertFTW
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15 hours ago, VertFTW said:

Litcoins own twitter handle retweeted the fake news lol

I know but that doesn't matter. Any news organization should have at least one of more confirmed sources from each party before they run a story. 

Wasn't long before Walmart shot the story down. Any news outlet reporting on it could have made a few phone calls & or reached out through social media channels but they just ran with it like dummies without confirming then some news outlets later ran stories that this is somehow crypto's fault as if to say all crypto did them dirty and this is why we need more regulation lol. 

How about don't just believe everything you read on the internet and confirm something first. 

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1 hour ago, StompGrind said:

I know but that doesn't matter. Any news organization should have at least one of more confirmed sources from each party before they run a story. 

Wasn't long before Walmart shot the story down. Any news outlet reporting on it could have made a few phone calls & or reached out through social media channels but they just ran with it like dummies without confirming then some news outlets later ran stories that this is somehow crypto's fault as if to say all crypto did them dirty and this is why we need more regulation lol. 

How about don't just believe everything you read on the internet and confirm something first. 

hmm so crappy media outlets ape into cringe fake news and idiot crypto gamblers also ape into copy and paste **** coin. Sounds like only idiots got harmed here and people in the know were just on the sidlines laughing.

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1 hour ago, StompGrind said:

I know but that doesn't matter. Any news organization should have at least one of more confirmed sources from each party before they run a story. 

Wasn't long before Walmart shot the story down. Any news outlet reporting on it could have made a few phone calls & or reached out through social media channels but they just ran with it like dummies without confirming then some news outlets later ran stories that this is somehow crypto's fault as if to say all crypto did them dirty and this is why we need more regulation lol. 

How about don't just believe everything you read on the internet and confirm something first. 

I completely agree, and would suspect that abuse of this fairly standard principle is routinely ignored in most spheres of news reporting these days.

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8 hours ago, VertFTW said:

hmm so crappy media outlets ape into cringe fake news and idiot crypto gamblers also ape into copy and paste **** coin. Sounds like only idiots got harmed here and people in the know were just on the sidlines laughing.

Doesn't mean neither take responsibility but boogey tokens should take the hit. Don't you see what is going on? It's highly likely that story was fake on purpose and someone running that litecoin account was paid off.

Regardless don't you find it strange. The war against this, war against that. It's how power structures operate when they start losing their grip. 

Crypto is starting to get big enough that it can't be controlled and power is transferring quickly so it's become the new attack vector target to slow down. 

Narrative right now is to FUD the hell out of crypto as much as possible by any means until old guard regulation standards come then all the big businesses, pension funds etc. can all pile right in bigly. There is an agenda going on behind the scenes coordinated by powers that be power but most of them can't fully dive right in yet due to compliance issues so they're trying to bide time until regulation comes. How much you wanna bet all that big money is lobbying less rules for me but not for thee. They're gonna try to fk the plebs once again. 

Medias stupid stories, WSB movement, SEC tough talk, China FUD, Elon FUD, ESG talk, manipulation by whales. None of it is a coincidence and It's all related. They don't wanna give up any power but the tide is turning. 

 

 

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8 hours ago, Bubba_Sparks said:

I completely agree, and would suspect that abuse of this fairly standard principle is routinely ignored in most spheres of news reporting these days.

Ignored? M8 it doesn't exist anymore. Journalism is dead. It's run by the state and powers that be. 

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22 hours ago, SVTContour98 said:

same! 

SOOOOOOOOO glad I listened to Pentoshi

cheers-lets-drink.gif

IDK how much longer this is gonna last but alts are fun. 

I smash bought a few small bags of things i knew nothing or very little about. Like literally this smh...

Why do i keep seeing this pumping every other day on the top gainers list ? 

Looks at description of what it does. Oh ok that is pretty hot right now think I'll grab me a bag and ride this wave briefly. No need to research or look at whitepaper 🤣

Alright now let me look at the the under performers and swoop a few dips. 1 out of 4 will moon. The one that moons covers the 3 that don't move so much. 

Month or two later i trim profits and rotate back into stuff i know is solid. 

 

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2 hours ago, SVTContour98 said:

some are predicting BTC.d to make an up swing and Alts to take a breather

Fair prediction especially with rumblings of ETF later this year. It could also **** the bed hard or go sideways especially with more regulation FUD and whale manipulators selling. 

My prediction is alts moon to ATH and btc really starts picking up massively near the end of Q4. Slow sell off in Jan-Feb, perhaps a big crash around March-April aka tax season but we don't really have a yrs long bear market after that anymore. By June next year everyone and their grandma gonna FOMO and even your dog will own NFT's. 🤣

 

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Be careful with your crypto assets especially NFTs as pretty effective phishing techniques are being used to take everything...if you have a significant stash probably better to put it on a HW wallet....AVOID airdrops at all costs.

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45 minutes ago, VertFTW said:

Be careful with your crypto assets especially NFTs as pretty effective phishing techniques are being used to take everything...if you have a significant stash probably better to put it on a HW wallet....AVOID airdrops at all costs.

man....i see people losing everything once they simply accept an offer!!!!

WTF

I already moved the ETH my daughter got to cold storage

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19 minutes ago, SVTContour98 said:

man....i see people losing everything once they simply accept an offer!!!!

WTF

I already moved the ETH my daughter got to cold storage

yeah people getting greedy going for any airdrop and giving up their seed phrase...also dumb asses trying to do anything with these scam NFTs sent to them......DO NOT interact with anything you dont recognize as owning lol....people dont get it.

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20 hours ago, VertFTW said:

Be careful with your crypto assets especially NFTs as pretty effective phishing techniques are being used to take everything...if you have a significant stash probably better to put it on a HW wallet....AVOID airdrops at all costs.

For sure. Hot wallets are not safe at all and should only be used to send small amounts of quick in-out transactions from a smaller funded wallet with only as much you're willing to lose. 

Voldemort horcrux method with layers of separation between devices and accounts. You can never be too safe. 

20 hours ago, SVTContour98 said:

man....i see people losing everything once they simply accept an offer!!!!

WTF

I already moved the ETH my daughter got to cold storage

Did they click a link or open a file in an email?

To my knowledge that can't happen on a major NFT exchanges for simply accepting a bid let's say. Unless their hot wallet was connected to the platform and the attacker already had password and seed access without them knowing then drained them when they funded the wallet.  

I know a big NFT artist that got their hot wallet cleaned out but they got contacted by someone for a commission and opened a file on their desktop then poof their browser hot wallet got drained within 5 min. Highly likely their computer was already compromised and they were lax on security. 

 

 

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On 9/23/2021 at 7:57 AM, SVTContour98 said:

kinda blew my mind...never crossed my mind that bitcoin could solve this issue

 

 

I knew about the possibility and it's the only thing that actually scares me about blockchain tech integration being used against us. It doesn't solve for platforms and algorithms having total control. Imagine autonomous systems run by AI algorithms all up in your financial business and fining you for the slightest slight because it's hugely profitable.  

Actually don't like that at all. Crypto deposits on social media platforms or whatever else as a tool to modulate behavior tool is absolutely bad. 

It stinks to much like social credit. John Spartan you've been fined 200,000 sats for posting a meme the algo didn't like. Dallas Corban you've been fined 200,000 sats for cussing in public. 

Yeah fk dat multi-pass and fk them seashells. 🤣

 

 

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On 9/26/2021 at 10:16 AM, StompGrind said:

I knew about the possibility and it's the only thing that actually scares me about blockchain tech integration being used against us. It doesn't solve for platforms and algorithms having total control. Imagine autonomous systems run by AI algorithms all up in your financial business and fining you for the slightest slight because it's hugely profitable.  

Actually don't like that at all. Crypto deposits on social media platforms or whatever else as a tool to modulate behavior tool is absolutely bad. 

It stinks to much like social credit. John Spartan you've been fined 200,000 sats for posting a meme the algo didn't like. Dallas Corban you've been fined 200,000 sats for cussing in public. 

Yeah fk dat multi-pass and fk them seashells. 🤣

 

 

yeah i did not like the sound of some of that, but did like the part about helping with spam/scams

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coinbase hacked lol looks like personal data stolen and they figured out how to get around 2FA.....probably would get my money off that exchange...

 

I was wondering why there was a pop in price for no apparent reason this morning lol

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4 minutes ago, VertFTW said:

coinbase hacked lol looks like personal data stolen and they figured out how to get around 2FA.....probably would get my money off that exchange...

 

I was wondering why there was a pop in price for no apparent reason this morning lol

I still cant find what actually happened...5 months ago....when it happened.

Looks like they got some people's phone numbers, email addresses and passwords.....BUT...was it from "hacking" coinbase?  or phishing the people themselves.

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3 hours ago, VertFTW said:

coinbase hacked lol looks like personal data stolen and they figured out how to get around 2FA.....probably would get my money off that exchange...

 

I was wondering why there was a pop in price for no apparent reason this morning lol

 

3 hours ago, SVTContour98 said:

I still cant find what actually happened...5 months ago....when it happened.

Looks like they got some people's phone numbers, email addresses and passwords.....BUT...was it from "hacking" coinbase?  or phishing the people themselves.

 

 

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22 hours ago, SVTContour98 said:

I still cant find what actually happened...5 months ago....when it happened.

Looks like they got some people's phone numbers, email addresses and passwords.....BUT...was it from "hacking" coinbase?  or phishing the people themselves.

Old news. I don't know why that's re-surfacing now other than the usual FUD.

From what i remember it was phishing plus some clever social engineering. 6,000 or so out of over 50 million users. 

Basically don't fall prey to phishers, beware giveaways, beware what you sign, beware who you contact, beware of links, file sharing etc. always double check things. 

Keep your media accounts, emails etc.  separate + use more than one exchange and when you buy from various exchanges it's a good idea to do it from a burner device or one that is clean install and not connected to anything else. Keep your day to day device(s), accounts, email separate as much as possible

Use 2fA, an authenticator and a key scrambler plus makes sure you got your paper keys somewhere safe and never store any info that can be leap frogged to anything else on device(s) as much as possible. Horcrux method. Split it up with layers of separation. 

Most of the big exchanges have insurance. No guarantee though which is why you should cold store. If there is ever an issue you'll have to go through legal arbitration which could take years and you may not get it back. It wouldn't even be worth it for smaller amounts. 

 

 

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