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Bitcoin discussion

  1. #281

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  2. #282

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    Sep 2012
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    What, a crypto exchange hacked? Not possible! It's backed by blockchain, the best invention of the human kind since sex and pizza!

    In all honesty, those morons write their exchanges in node.js. The only reason not all of the exchanges are hacked is because they are actually hacked on the quiet and the wise guys are siphoning funds away on the sly.


  3. #283

    Join Date
    Aug 2011
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    In other news, no crimes at all were recorded at any bank worldwide this year and certainly not involving cash or credit cards.

    Bloody Bitcoin eh!


  4. #284

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    Bankers are arseholes. There, feel better?

    Ern likes this.

  5. #285

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    Another crypto hack.
    Only $60 million this time.

    http://uk.businessinsider.com/r-japa...to-hack-2018-9


  6. #286

    Join Date
    Jul 2004
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    2,731

    Is this some sort of fancy semi-legalized reinvented bitcoin thingy!!!

    https://www.scmp.com/business/money/...change-readies


  7. #287

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    May 2006
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    Quote Originally Posted by nivantj
    Is this some sort of fancy semi-legalized reinvented bitcoin thingy!!!

    https://www.scmp.com/business/money/...change-readies
    Nope can't see any risk there. Taiwan based, licence from Cagayan Economic Zone Philippines, trading in HK. Sounds totally safe. [Sarcasm font]
    nivantj and TigerSun like this.

  8. #288

    Join Date
    May 2004
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    Veggie, HK
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    980

    A question from my friend
    he logged into blockchain.com

    Introducing Buy & SellYou can now buy & sell bitcoin directly from your wallet and have the exchanged funds deposited into your bank account.
    Country not available for buy & sell
    Hong Kong is not available.

    Then what other options for him to get real money ? Thanks.


  9. #289

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    @Vrindavan - This thread might have some options for him.

    https://geoexpat.com/forum/155/thread343287.html

    Vrindavan likes this.
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  10. #290

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    Dec 2002
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    Quote Originally Posted by jrkob
    Does anyone have an idea of how much computer processing power is needed to mine one bitcoin ?
    Is it possible on a high end gaming computer ?

    Randomly thought of this...

    I suspect at some point in life, I told you about the only way to make money on bitcoin is to steal power, preferably at high altitudes?

    Police in China's Jiangsu province have arrested a syndicate who stole CNY20 million (USD2.9 million) worth of electricity to power 4,000 bitcoin mining rigs.

    A crack team in Zhengjiang city busted 22 people red-handed on May 20 after a two-month investigation, Xinhua reported today. Police have since seized 12 properties and are still on the case after identifying the ringleader as somebody surnamed Lan.

    A local power company told police in March that several buildings with low meter readings had been consuming vast amounts of electricity since 2018. It was unable to detect the root of the problem so suspected the people within the buildings were stealing power.

    https://yicaiglobal.com/news/jiangsu...in-electricity
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