Cryptocurrency mega-thread

[Gene Simmons]

I use a Ledger Nano S wallet and so far im happy with it. Apparently trezor us also good.

Hey mate, apologies in advance for this novice question, but why can't you just leave your currency on the exchange? e.g BTC Markets??

 

[Quixote]

Hey mate, apologies in advance for this novice question, but why can't you just leave your currency on the exchange? e.g BTC Markets??

If the exchange is hacked, you could lose all your coins. Just google hacked crypto exchange and you'll see it's not even that rare. Most recent was this month, ether delta.

 

[Nebula1971]

I was lucky enough to already hold a position in TRON. Put roughly $1.8k in it. Not sure whether I’ll HODL or sell. It’s actually a good coin.


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Agree with this, but when exchange is too good to refuse, you need to pounce. ETH/TRX was at 0.00007900 the other day on Binance, bought it back in at 0.00004650.


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[woota]

If the exchange is hacked, you could lose all your coins. Just google hacked crypto exchange and you'll see it's not even that rare. Most recent was this month, ether delta.

I heard Cryptopia got hacked just recently, like within the last few days?

 

[YippeeYiYeo]

Has anyone got holdings of Neo? I finally got off my arse and created the Neo Wallet and discovered that you can claim gas. Its minuscule amounts but its better than a kick in the nuts.

If youre like me and plan on hodling Neo as a long term investment get it in a wallet ASAP. Gas is currently ranked 73rd on coinmarketcap and valued at almost $30.

 

[WeetBixKid]

Hey guys- I'm just using coinspot & hodling for now, but I want to try some day trading too. Anyone know an exchange with low fees, & sell/buy triggers?

 

[WeetBixKid]

Has anyone got holdings of Neo? I finally got off my arse and created the Neo Wallet and discovered that you can claim gas. Its minuscule amounts but its better than a kick in the nuts.

If youre like me and plan on hodling Neo as a long term investment get it in a wallet ASAP. Gas is currently ranked 73rd on coinmarketcap and valued at almost $30.

I bought when they were ANT and sold when they changed to NEO and started that big run in August. Wish I hung on but so be it-- the GAS concept is great for holders

 

[Chubberson]

Hey guys- I'm just using coinspot & hodling for now, but I want to try some day trading too. Anyone know an exchange with low fees, & sell/buy triggers?

Bittrex.

 

[Summer Nights]

Verge is struggling

 

[L_W_P]

Ok so Im setup on coinspot but they aren't taking deposits. Anyone have a recommendation on an alternative?

In terms of getting started I was thinking about buying chunks of all the tiny coins and sitting on them - Btyecoin, SiaCoin, Digibyte etc - I figure if one takes off then that covers me pretty well.

 

[Cuzdup]

Ok so Im setup on coinspot but they aren't taking deposits. Anyone have a recommendation on an alternative?

In terms of getting started I was thinking about buying chunks of all the tiny coins and sitting on them - Btyecoin, SiaCoin, Digibyte etc - I figure if one takes off then that covers me pretty well.

Yeah i think you can buy $500 worth of coin every 24 hrs if im reading correctly. Ill probably do what you'r considering also. Digibyte, Reddcoin, Ripple for me.

How long did the verification process take? Im now 8 days in without hearing anything

 

[toxic]

Yeah i think you can buy $500 worth of coin every 24 hrs if im reading correctly. Ill probably do what you'r considering also. Digibyte, Reddcoin, Ripple for me.

How long did the verification process take? Im now 8 days in without hearing anything

Email them repeatedly, when someone responds email them directly again

 

[toxic]

 

[toxic]

No idea if hacked or not

 

[toxic]

 

[Affidavit]

Hacked surely dude is posting like crazy.

 

[Quixote]

Lmao some legend hacked McAfee.

 

[toxic]

 

[prodigy]

Has anyone got holdings of Neo? I finally got off my arse and created the Neo Wallet and discovered that you can claim gas. Its minuscule amounts but its better than a kick in the nuts.

If youre like me and plan on hodling Neo as a long term investment get it in a wallet ASAP. Gas is currently ranked 73rd on coinmarketcap and valued at almost $30.

I hold NEO in CoinSpot and still get allocated GAS monthly


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[prodigy]

Confirmed hacked -

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[Gigantic]

View attachment 447650

Lol

 

[Gene Simmons]

If the exchange is hacked, you could lose all your coins. Just google hacked crypto exchange and you'll see it's not even that rare. Most recent was this month, ether delta.

Cheers, I suspected that would be the reason but wasn't sure.. Brings me to the next query, I've heard of people talking about harddrives & paper wallets??? I have no idea about these or how they work... If anyone out there is kind enough to shed some light on it?

 

[free at last]

If the exchange is hacked, you could lose all your coins. Just google hacked crypto exchange and you'll see it's not even that rare. Most recent was this month, ether delta.

Not sure how true but I read that you can only get hacked on an exchange if you're logged in to your exchange account.

I'm bit a worried as I've got an ETH's worth of IOTA stuck on Bitfinex.

 

[free at last]

Cheers, I suspected that would be the reason but wasn't sure.. Brings me to the next query, I've heard of people talking about harddrives & paper wallets??? I have no idea about these or how they work... If anyone out there is kind enough to shed some light on it?

Myetherwallet(paper wallet) great for all ERC 20 tokens....Free too.

Just YouTube it.

 

[cryptor]

Not sure how true but I read that you can only get hacked on an exchange if you're logged in to your exchange account.

I'm bit a worried as I've got an ETH's worth of IOTA stuck on Bitfinex.

Not true. There’s lots of different ways to hack. Only a few require a user to be logged in. Common attack types and ones that you’d need to be logged in for are XSS (cross site scripting) and CSRF (cross site request forgery). Both involve a victim being tricked into clicking links that run a malcious script or make unwanted REST calls. The result of these could be you unwillingly sending your coins to the hackers wallet. This is why you should log out when not using the site, and avoid ever following links you don’t trust - especially when logged in.

Those two are client side attacks though. There’s always potential that an attack is made on the server side. If a hacker can gain access to the exchage’s backend then the hacker might have access to sensitive data that allows them to steal a lot of users coins.

Given none of us know the full extent of the level of security these exchanges use and the practices of those responsible for maintaining it, it’s important (at least to me and many others) that users take full ownership for their own wallets.