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pefwin Flag Where you have to have an English ... 07 Feb 19 6.14pm

Originally posted by .TUX.

Obviously not.
What i am saying though is that they appear to have not done adequate homework.

For the record i feel for them.

no regulation on advice or direct selling? Caveat Emptor?

How will the money be released?

If brute forced surely it would take decades and secondly what would it say about the security of other wallets, if brute forced?

Edited by pefwin (07 Feb 2019 6.17pm)

 


"Everything is air-droppable at least once."

"When the going gets tough, the tough call for close air support."

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View .TUX.'s Profile .TUX. Flag 07 Feb 19 9.25pm Send a Private Message to .TUX. Add .TUX. as a friend

Originally posted by pefwin

no regulation on advice or direct selling? Caveat Emptor?

How will the money be released?

If brute forced surely it would take decades and secondly what would it say about the security of other wallets, if brute forced?

Edited by pefwin (07 Feb 2019 6.17pm)

Due diligence.

 


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pefwin Flag Where you have to have an English ... 08 Feb 19 4.58pm

Originally posted by .TUX.

Due diligence.

is a term normally used on the corporate world where the company has advisors or is large enough to call itself a "per se professional" in legalese.

In a retail market there are in the UK additional rules to protect the individual consumer and rules by which proper financial institutions need to act.


Good to see the admission that the money has been lost though.

Edited by pefwin (08 Feb 2019 4.59pm)

 


"Everything is air-droppable at least once."

"When the going gets tough, the tough call for close air support."

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View .TUX.'s Profile .TUX. Flag 09 Feb 19 11.44am Send a Private Message to .TUX. Add .TUX. as a friend

Originally posted by pefwin

is a term normally used on the corporate world where the company has advisors or is large enough to call itself a "per se professional" in legalese.

In a retail market there are in the UK additional rules to protect the individual consumer and rules by which proper financial institutions need to act.


Good to see the admission that the money has been lost though.

Edited by pefwin (08 Feb 2019 4.59pm)

99% gone i fear.
As i've stated from day-one of this thread, any purchase should NEVER be left on an exchange but transferred immediately to your own crypto wallet (hardware wallet or paper wallet).

If you don't hold it (your private keys) then you don't own it.

 


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View cryrst's Profile cryrst Online Flag Chatham 09 Feb 19 1.16pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by .TUX.

99% gone i fear.
As i've stated from day-one of this thread, any purchase should NEVER be left on an exchange but transferred immediately to your own crypto wallet (hardware wallet or paper wallet).

If you don't hold it (your private keys) then you don't own it.

Is this not advised by crpto exchanges when you purchase.
Every financial institution recommends a bank or the like for normal money.
Maybe all along this was an aim of the exchanges.
Screw up yhen trouser the dough.
Worrying really.

 

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View .TUX.'s Profile .TUX. Flag 09 Feb 19 1.41pm Send a Private Message to .TUX. Add .TUX. as a friend

Originally posted by cryrst

Is this not advised by crpto exchanges when you purchase.
Every financial institution recommends a bank or the like for normal money.
Maybe all along this was an aim of the exchanges.
Screw up yhen trouser the dough.
Worrying really.

The only worrying part is that these people didn't learn the basics when choosing to invest in something new to them. That's nuts.

 


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View cryrst's Profile cryrst Online Flag Chatham 09 Feb 19 1.52pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by .TUX.

The only worrying part is that these people didn't learn the basics when choosing to invest in something new to them. That's nuts.

If i put money in a bank its only theirs until i want it.
They securly hold it for me.
Ok your financial armaggedon might happen but i dont have to be concerned if its in savings or any type of account its just there.
Its ok to say people should do their homework but have you read all the banking industry smallprint trying to find a loophole they have.
It appears with crypto you do as well as understanding it.

 

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View .TUX.'s Profile .TUX. Flag 09 Feb 19 2.24pm Send a Private Message to .TUX. Add .TUX. as a friend

Originally posted by cryrst

If i put money in a bank its only theirs until i want it.
They securly hold it for me.
Ok your financial armaggedon might happen but i dont have to be concerned if its in savings or any type of account its just there.
Its ok to say people should do their homework but have you read all the banking industry smallprint trying to find a loophole they have.
It appears with crypto you do as well as understanding it.

You still can't get passed this so there's no point continuing the chat tbh.

 


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View Stirlingsays's Profile Stirlingsays Flag Wisbech, England 09 Feb 19 3.41pm Send a Private Message to Stirlingsays Holmesdale Online Elite Member Add Stirlingsays as a friend

Blockchain is the technology.....it seems to be a fantastic technology....that...similar to the hyperlink language has been given to humanity for free.

The blockchain is a technology I'm sure will succeed.....However, much more than that it's all very uncertain.

 

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View cryrst's Profile cryrst Online Flag Chatham 09 Feb 19 8.31pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by .TUX.

You still can't get passed this so there's no point continuing the chat tbh.

All you have done is tell me how bad banks are and there is no guarantee that you will get your money.
I have suffered with bad financial environments and advice.
All you do is bang the drum on crypto then when it goes south for some then claim the investors are stupid.

 

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View .TUX.'s Profile .TUX. Flag 18 Feb 19 9.00pm Send a Private Message to .TUX. Add .TUX. as a friend

Originally posted by Stirlingsays

Blockchain is the technology.....it seems to be a fantastic technology....that...similar to the hyperlink language has been given to humanity for free.

The blockchain is a technology I'm sure will succeed.....However, much more than that it's all very uncertain.

Maths doesn't lie. Central Banks along with our 'leaders' continually do.
It baffles me why people cannot grasp this simple fact.

 


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View .TUX.'s Profile .TUX. Flag 18 Feb 19 9.21pm Send a Private Message to .TUX. Add .TUX. as a friend

Originally posted by cryrst

All you have done is tell me how bad banks are and there is no guarantee that you will get your money.
I have suffered with bad financial environments and advice.
All you do is bang the drum on crypto then when it goes south for some then claim the investors are stupid.

1. Yep, banks are bad. Long gone are the days where they were a place to store your hard-earned wealth in safety. Today the business model is to sell more debt than ever...........and when they can't sell anymore they change the rules to suit their, not yours, business model. And when it all turns to rats*** they get bailed out/bailed in.
2. As for cryptos............i've not once claimed that anyone who bought in is stupid, i've only ever said that anyone who has invested in this space and left their funds on any given 'exchange' hasn't done their homework is stupid. It's a new technology therefore homework surely is a given?

Cryptos currently still showing that there's life in the sector yet, or is it on it's last dying breath. Who knows?

Still a good time t..............


Edited by .TUX. (18 Feb 2019 9.22pm)

 


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