McAfee says "Bitcoin is worth nothing" Forex-News

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Is Bitcoin worth nothing? Maybe! But that's not stopping it.

Is Bitcoin worth nothing? Maybe! But that's not stopping it. submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Is Bitcoin worth nothing? Maybe! But that's not stopping it.

Is Bitcoin worth nothing? Maybe! But that's not stopping it. submitted by BCCnews to Bitcoincash [link] [comments]

"Bitcoin worth nothing" Whose Line Is It Anyway? USA 2014 S10E12 10x12 Robbie Amell 'Helping Hands' Comedy Scene

submitted by Uckers to Bitcoin [link] [comments]

If I had to hold for 250 years I'd hold bitcoin not fiat Bitcoin may be worth a lot or be worth nothing in 250 years Fiat is guaranteed to be worthless in 250 years Lesson in there.

If I had to hold for 250 years I'd hold bitcoin not fiat Bitcoin may be worth a lot or be worth nothing in 250 years Fiat is guaranteed to be worthless in 250 years Lesson in there.
by LifeMathMoney
submitted by LifeMathMoney to LifeMathMoney [link] [comments]

why is bitcoin cash worth nothing compared to bitcoin?

why is bitcoin cash worth nothing compared to bitcoin?
i thought bitcoin cash was bitcoin why is it worth so little and crashed from $2000 ?
submitted by Moneytrigz to btc [link] [comments]

06-29 01:14 - '$18k Worth of Bitcoin Stolen from Coinbase Account. What Did They Do? Nothing. Threatening Class Action Law Suit. Please Join!' (self.Bitcoin) by /u/sa3726 removed from /r/Bitcoin within 32-42min

'''
A hacker took over my Coinbase account and stole what amounted to a little over two bitcoins. I reached out to Coinbase customer service, and they didn’t answer. In fact it was an automated message and I was hung up on.
I then emailed Coinbase detailing the situation and this is how they responded:
“Hello Saul,
Thank you for contacting Coinbase about the unauthorized activity on your account. We appreciate your patience while we work through a high volume of support tickets.
Before we can restore access to your account, we need you to confirm that you have taken the following security precautions:
1) Scan your devices with anti-virus software and ensure that your device’s operating systems are up to date. 2) Reset your email’s password to something that is long, random, and unique to your email account. You should also enable 2-step verification if you have not already done so. Additionally, please check for any unfamiliar rules, filters, forwarding addresses, or recovery emails. 3) Reset the password to your Coinbase account here: [link]1 . Please be sure to create a password that is long, random, and unique to your Coinbase account. Do not reuse the same password across multiple online accounts. (Please note: password resets can be completed regardless of the account being disabled. This step does not unlock the account automatically.) 4) Contact your mobile service provider to inquire about security measures you can enable on your mobile account to prevent unauthorized changes such as a SIM swap or phone port.
For additional guidance on securing your online accounts, please reference this help center article: [link]2
We will keep your account disabled until you are certain your mobile number, devices, and online accounts are secure. Please reply back to this email when you are ready to restore access to your account. If you no longer have access to your mobile device or original phone number, please let us know so that we can assist you with additional steps for account recovery.
Please note that all digital currency transactions are irreversible. Coinbase has no way of reversing or reimbursing transactions confirmed on the blockchain network from your Coinbase account.
If you have any additional questions, please include them in your reply. Thank you for your cooperation and understanding.
Kind regards, Coinbase Support
ref:_00D6A2G0qc._5003sN5IZA:ref”
I responded and was sent the same message again.
I responded with the following email:
“Why are you sending me the same generic reply? I said my bitcoin has been stolen. I have two factor set up and was never even sent a text to confirm transaction or sign in! Please call me!
Best wishes”
I received this message in return:
“Hi Saul,
Thanks for reaching out. Having investigated the issue, we are working with a specialist to address it properly. We will follow-up with you as soon as we have an update.
Thank you for your patience.
Kind regards, Coinbase Support”
I then waited patiently and received no update so I asked for one. I received no response until I wrote them another email. They came back with this:
“Hi Saul,
Thank you for your extended patience, my apologies for the delayed response.
Our records indicate that on 2020-06-27 a Windows desktop device, from the IP addresse, 37.120.215.142, reset your Coinbase password, through your email account, and signed in.
To reset your password, access to your email is required, suggesting an email compromise. We will disable your account until you are certain your email is secured.
Do you have any information on how your email was compromised by the attacker? If you can forward any suspicious links, activity logs or emails that may be the cause it will greatly assist in our review.
If your 2FA method is set to SMS, we highly suggest you contact your service provider to ensure only you are in control of your number, as an unauthorized password reset also indicates your phone number may have been compromised.
1) We recommend that you be extremely cautious going forward. You can protect yourself by using a password manager such as 1Password to generate and save strong passwords. Change the password for your email account and whichever accounts you still have access to, and also make sure to enable 2-factor security wherever possible. It may be necessary to utilize a different computer if you believe yours has been infected with malware.
2) Be sure to check your email account for any unfamiliar rules, filters, or forwarding addresses. Malicious actors will sometimes use these tools to exert more control over an address they've taken over. You can also review [link]3 to see how your email address may have been compromised.
3) Once you have taken steps to secure your e-mail, [link]4
You are solely responsible for the security of your e-mail, your passwords, your 2FA codes, and your devices.
Once you have confirmed all of your online accounts and phone number have been secured, please respond here so we can provide further details to assist in your criminal report to: [link]5
Please note, Coinbase is unable to reverse digital currency transactions, and we will not be able to recover these lost funds. However, Coinbase is committed to full cooperation in all law enforcement investigations.
While we're unable to recover any funds, we can direct you to file a report on this activity via the Internet Crime Complaint Center (IC3). They work with regulatory agencies and law enforcement to investigate crimes of this nature.
We appreciate you taking steps to keep our platform secure.
Kind regards, Coinbase Support
*Coinbase is not affiliated with haveibeenpwned.com or 1Password and makes no representations about their products
ref:_00D6A2G0qc._5003sN5IZA:ref”
I then emailed them back threatening litigation to which they responded with this immature and bogus email:
“Thank you for contacting Coinbase.
In an effort to respond more rapidly to support requests, direct emails to this address are no longer enabled.
To get a response from our support team, please visit the following page to submit a request:
[link]6
Please select the appropriate category and include as much detail as possible when submitting your request.
Kind regards, Coinbase Support”
Coinbase is a network of thievery. I want to bring awareness to this fraud and would like to gather as many people for a class action law suit. Please like this post so that we can get justice for all those who were defrauded by Coinbase!
'''
$18k Worth of Bitcoin Stolen from Coinbase Account. What Did They Do? Nothing. Threatening Class Action Law Suit. Please Join!
Go1dfish undelete link
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Author: sa3726
1: w*w.coinba*e.co*/pass***d_r*set*/n*w 2: h***.coi*base.com****coinbas**p**va*y-a**-*ec*r*ty*data*privac*/how-can-i*make-my-accoun*-more-*e*ure.htm* 3: hav*i**enpwne*.com 4: conduct a password reset on coinbase.com/password_resets/new 5: www*ic3.*o*/co*p*aint*de*a*lt*aspx/ 6: help*c*inbas*.c*m/*n/c*n*act-*s.ht*l
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

05-03 10:24 - 'Download picoin it’s a new app and cryptocurrency aiming to be the next bitcoin if you download it use my code bartonboi248 it will help me out and it’ll help you guys out as well! Simple and easy to use worth nothing currently...' by /u/Skyriao removed from /r/Bitcoin within 4-14min

'''
Download picoin it’s a new app and cryptocurrency aiming to be the next bitcoin if you download it use my code bartonboi248 it will help me out and it’ll help you guys out as well! Simple and easy to use worth nothing currently but in a few years time you never know
'''
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Author: Skyriao
submitted by removalbot to removalbot [link] [comments]

Bitcoin for your pension replacing gold or is it worth nothing because it doesn’t produce anything? Please give your opinion.

Bitcoin for your pension replacing gold or is it worth nothing because it doesn’t produce anything? Please give your opinion. submitted by Calibra1970 to CryptoCurrencies [link] [comments]

If you bought Bitcoin when it was worth next to nothing, why aren't you disgustingly rich today?

submitted by scallopfrito to AskReddit [link] [comments]

what's something that now is worth nothing and being ignored but maybe in 10 years it will rise as Bitcoin did?

submitted by iamfeelings to AskReddit [link] [comments]

"Bitcoin Cash Treasure is an oxymoron. It is a transactional digital cash worth nothing right?" [-17]

submitted by NegativeWithGoldBot to NegativeWithGold [link] [comments]

11-07 16:53 - 'Don't know why you're getting down voted / If there is any other currency in the crypto world that is worth investing in, no one ever comments what that is. / There is nothing out there that anyone is willing to call out name...' by /u/Moideha removed from /r/Bitcoin within 32-42min

'''
Don't know why you're getting down voted
If there is any other currency in the crypto world that is worth investing in, no one ever comments what that is.
There is nothing out there that anyone is willing to call out name.
Go ahead downvoters, tell us your nonBitcoin crypto that you've allocated towards
'''
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Author: Moideha
submitted by removalbot to removalbot [link] [comments]

A new digital currency to get behind... nothing to lose, possible $$$ to gain should “Q” become a viable payment form in the future. Own “Q” now— cash out in a few years when valued. Who knows? It might be worth its weight in gold and become a giant like Bitcoin. I have 3 referrals left. Read below

Initiative Q is an attempt by ex-PayPal guys to create a new payment system instead of payment cards that were designed in the 1950s. The system uses its own currency, the Q, and to get people to start using the system once it's ready they are allocating Qs for free to people that sign up now (the amount drops as more people join - so better to join early). Signing up is free and they only ask for your name and an email address. There's nothing to lose but if this payment system becomes a world leading payment method your Qs can be worth a lot. If you missed getting bitcoin seven years ago, you wouldn't want to miss this.
Here is my invite link: https://initiativeq.com/invite/bN7hKik3d
This link will stop working once I’m out of invites. Let me know after you registered, because I need to verify you on my end.
submitted by lulyruly to referralcodes [link] [comments]

10-08 00:23 - 'But the price of a Bitcoin would be worth tens of millions of dollars assuming it gets mass adoption. The payout would be more than enough for all the miners. / And yes, you will lose nodes. But nodes contribute nothing...' by /u/juliushenkin removed from /r/Bitcoin within 150-160min

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But the price of a Bitcoin would be worth tens of millions of dollars assuming it gets mass adoption. The payout would be more than enough for all the miners.
And yes, you will lose nodes. But nodes contribute nothing to the network. Only miners actually matter.
We can either have peer to peer cash for the world now or use garbage like the Lightning Network, which requires you to run a node to even use it! Not the same as Bitcoin at all.
'''
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Author: juliushenkin
submitted by removalbot to removalbot [link] [comments]

LOL This guy's thinks fiat is backed by something stronger than Bitcoin. "Bitcoin is really worth nothing, since it’s backed by nothing or no one."

LOL This guy's thinks fiat is backed by something stronger than Bitcoin. submitted by ZepCoin to Bitcoin [link] [comments]

Bitcoin could be worth 1000x today's value within two years, or it could be worth nothing given the community's trajectory lately. Here are my two millibits on our possible future(s).

It's not the community's fault, by the way.
Bitcoin is getting attacked in complex, sophisticated ways we will only understand fully much later. Glenn Greenwald's latest scoop, which went largely 'unnoticed' by the corporate media, was that GCHQ/NSA use trolls to harass, intimidate, derail online communities, and destroy the lives of 'hacktivists' (i.e. tech savvy activists) the surveillance agency dislikes.
Based on my preliminary research, the Bitcoin community is falling victim to nearly identical tactics.
There is no need for us to point fingers at each other or give in to paranoia - in fact, that's one of the intended outcomes of online provocateurs in the first place.
We are all aware, however, that some individuals have tried their best to make Bitcoin look very bad in the eyes of the public, and some members of the media have tried their damnedest to keep their viewers from ever wanting to explore the "seedy," "dangerous," "unregulated," world of the scary "bitcorn".
My background dictates that I look very closely not only at forensics, but at motives. I see tremendous motive from vested interests around the world - governments, banks, some payment processors, investing opportunists - to attack Bitcoin now, with everything they've got.
Again, no need to finger point, because Bitcoin is a battle you folks win.
In fact, you've already won, on paper at least. Bitcoin is a much better technology than the credit card in your wallet or your checking account. That is fact. Your credit card is basically a private key exposed, half-assed department store financial product designed 60 years ago (actually, that's exactly what a credit card is). And your Too Big To Fail checking account is a Mt. Gox account with a better PR department.
They can spread a lot of fear - and they are doing so - but a time will come when consumers take a sober look at cryptocurrency face to face with its "competition". And the choice is clear. This is a Pepsi Challenge you all win any day of the week, without fail.
Crypto is better, the only way it can be destroyed is to prevent it from gaining critical mass.
You have to understand - that's the motive here.
How do you beat a technology that's clearly better, faster, cheaper than yours, in every single way? You destroy its reputation. You peddle fear. You make something that was initially tempting scary and unwelcome.
If Bitcoin loses in the court of public opinion, which it is rapidly doing, Bitcoin loses. Forever.
You can be the best accountant in the world. If your neighbors spread the rumor that you might be killing kittens in your backyard, no one will want to hire you. A reputational loss, therefore, CAN destroy an otherwise superior product or service.
Cryptocurrency can survive another Mark Karpeles, or ten more if need be, but it can't survive a public that no longer has any use for it.
The solution is first of all, to be more savvy as a community. Don't upvote every blogger's traffic hungry bullshit. Don't peddle unfounded fear yourself. Verify your information. Don't use exchange services with no track record, when there are now services operating with a decent track record, full compliance, and credible financial backers.
And second of all, the solution is to use Bitcoin constantly.
CONSTANTLY!
That's how you will see a 100x or 1000x gain over time, if making money is your thing.
As transaction volume scales, demand must in turn scale. And the various scarcity elements of Bitcoin will kick into overdrive once this becomes a household means of paying friends, buying products online, tipping musicians you like on Soundcloud, etc.
Some finance and lawyer types have snuck into the Bitcoin world, and they sound like they are completely full of shit. They don't "get" Bitcoin or the tremendous changes that decentralized personal finance will bring. They just see Bitcoin as a new ETF type thing for them to make a quick 30% from and maybe some fat consulting fees or book deal. Nothing too wrong with that, I guess, but certainly not who you want to prop up as spokespeople for the community. They want to talk regulation all day and beg for establishment adoption. That's, again, how you get a 30% gain. Not how you get a 1,000% or 10,000% gain.
The only spokesperson type I trust here is Andreas Antonopoulos, everything he says is pretty much a more intelligent version of what I would want to say in a similar situation. And I think even Andreas would agree the instant he starts talking shit or harming Bitcoin, you should abandon him, or anyone else who becomes a liability to the community's long-term aims.
Huge gains will only come from true widespread adoption, not from convincing a bunch of thoroughly boring assholes to dip their hedge fund toes into the crypto pond.
The Bitcoin community is accused of "fanaticism" by the mainstream press from time to time.
If your product is better, if your worldview is more sane and more efficient for all stakeholders, it's OK to be fanatical.
In fact, you'd better be, or those with an inferior product and superior marketing muscle will talk you right out of business.
That's exactly what is happening now, with all the bullshit people in this subreddit who don't own any coin, but constantly complain, constantly accuse the rest of us of "circle jerking".
Some of these people are idiots. Some of them are angry they missed the boat on Bitcoin's first couple big jumps. And I believe some of them are more coordinated, professional forms of manipulation. In the case of the professional manipulation, the aim isn't to troll you or me. It's to create a "negative image" around the community itself - that we're complainers, not a fun place to browse, not a fun product to use. Check their comment histories: either brand new accounts, or accounts that exclusively spread anti-Bitcoin content. You have to ask yourself what's going on.
The solution here is probably to have more active mods. Don't be ashamed to delete and ban manipulators. Freedom of speech is sacrosanct, but it doesn't extend to a forum where users of a cryptocurrency are trying to help each other improve that currency and enhance its reach. Block them without regret - there's a difference between honest questioning or criticism of Bitcoin's "power structure" and overt, repeated manipulation.
Anyway, I have to leave it here as I am already late for work. Hope someone enjoyed reading this.
update In case it wasn't clear from the words I used, I am not suggesting that the government of the United States of America or the U.K. is sitting here on this subreddit, trying to take down Bitcoin. There are 193 countries on this green Earth, and quite a few of them are threatened by what crypto represents (think Russia, as merely one quick example - I don't think Russia's oligarchs are particularly opposed to crypto, but the government there is terrified of anything that could provoke a rush out of the ruble). There are also more than a few powerful money wiring services and multinational banks who feel Bitcoin is not in their interests. It takes only one of these constituent members to hire a private intel firm to completely derail most online Bitcoin discussion. Based on the latest Greenwald reporting, if the GCHQ (supposedly the best run, most professional, etc etc surveillance agency) is with certainty engaged in advanced online social engineering, it is very likely that similar services can be bought from contractors who have less scruples and less regulatory oversight than NSA and GCHQ operators. But these aren't theories coming from out of nowhere. Check out negative comments posted here, follow the comment histories, this stuff simply does not add up. It's not organic communication or discontent, it's orchestrated. Same with some of the Facebook accounts you see commenting right away on Bitcoin news stories, recycling the same arguments against Bitcoin word for word.
submitted by CryptoDonDraper to Bitcoin [link] [comments]

What do you say to people who say "Bitcoin is worth nothing, there is nothing to back it"?

Every time I try to mention Bitcoin to people who don't have much knowledge about it, I hear the same thing. They say that it's a bubble, it has nothing backing it. They don't understand what it is, how do you explain to them that it's a good investment? I can't even begin to explain to my parents the opportunities without being able to answer this question. I would love to hear what you have to say on the topic!
submitted by No_Chances to Bitcoin [link] [comments]

The consensus here is obviously that bitcoins are worth nothing, but does anyone believe they will ever actually be worth 0?

I have to ask, say you guys are right and this is a spectacular bubble and one day it comes crashing down, it’s falling like a knife down to say 500 dollars, do you think it’ll go further? Do you think it’ll go all the way to 0. Take crypto currencies as a whole with things like ethereum, stellar lumens, iota, Walton chain, request network, and others that should provide actual value based on the blockchain as well as pure digital currencies like bitcoin or monero, do you guys actually think they’ll fall to 0. See even if I can understand the reasoning that crypto currency has many flaws and I can agree that bitcoin and many are certainly not value producing assets (there deflationary assets that are currently going through price discovery) I don’t think market dynamics would ever allow bitcoin to fall to 0 or even back to the days of post mt gox of under 100 dollars. And if that did happen I would fully expect another phase of accumulation and price growth as another generation of early hodlers are born. Note when I say bitcoin I refer to both bitcoin and bitcoin cash cumulatively valued, because I full expect one to be removed for the other, and as far as the rest of the forks I don’t expect them to exist in the event of a crash.
submitted by commander217 to Buttcoin [link] [comments]

Why Bitcoin may soon be worth nothing. (NY Post columnist -- John Crudele)

Why Bitcoin may soon be worth nothing. (NY Post columnist -- John Crudele) submitted by ancapaaron to Buttcoin [link] [comments]

My brother gave me this little bitcoin miner that Kinda looks like a weird usb wireless adapter from days of old, I’ll add a picture in a bit, but I’m a total novice... is it worth going through all the hoops just to run a little mystery miner that probably do almost nothing?

Edit: sorry, I’m new to this and am waiting for my real Computer to be back in action: here are the two better ones he just gifted me thoughts? Please remember, I’m a total n00b and my bro doesn’t really wanna take the time to teach me (I don’t blame him hahaha) so I’m open to all the tips I can get!
submitted by castle___bravo to Bitcoin [link] [comments]

So everybody sells their alt coins to get bitcoin gold. But if everybody plans to cash in on their new bitcoin gold, it is worth nothing because nobody plans to buy.

submitted by Perr1982 to CryptoCurrency [link] [comments]

Bitcoin Is Worth Nothing According To Top Financial Firm

Bitcoin Is Worth Nothing According To Top Financial Firm submitted by Crypto_Daily to btc [link] [comments]

Bitcoin is Worth Nothing, To You! - YouTube Bitcoin is back to BOOMING - YouTube Warren Buffett: Bitcoin Is An Asset That Creates Nothing ... Will Bitcoin soon be worth nothing? Bitcoin Talk Show #LIVE (Skype WorldCryptoNetwork) What If You Invested In Bitcoin When It Was Worth Almost ...

Bitcoin will be worth nothing in 2019, predicts industry firebrand Calvin Ayre CALVIN AYRE on Bitcoin: "I’m afraid I am predicting it to go to zero value as it has no utility… it does not do anything and they intentionally are anti-scaling" Darren Parkin. December 18, 2018. Share: The world is on the brink of another economic collapse, Bitcoin will be worth nothing next year, and people ... The brain behind the McAfee antivirus said, “Bitcoin is worth nothing.” This in response to a user who claimed that the popularity of the antivirus tycoon was due to the main cryptocurrency on the market. I have no clue. Bitcoin is worthless. – John McAfee (@officialmcafee) April 4, 2020 “I think the people who follow you are because of Bitcoin.” “I have no idea, Bitcoin is worth ... Take any definition of money and Bitcoin will fail some of its criteria, which one could use as proof that it’s worth nothing (for more on this topic, read this 2015 paper by Ole Bjerg). But one can argue that Bitcoin’s definition lies outside of the scope of any theory that concerns itself with the creation of money. It’s a payment ... Bitcoin’s price rallied to over $6,600 yesterday, but it had been well under $6,000 last week. Even at $6,600, bitcoin is still worth 70 percent less than it was at the beginning of the year. Take any definition of money and Bitcoin will fail some of its criteria, which one could use as proof that it's worth nothing (for more on this topic, read this 2015 paper by Ole Bjerg).

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Bitcoin is Worth Nothing, To You! - YouTube

Will Bitcoin soon be worth nothing? Bitcoin Talk Show #LIVE (Skype WorldCryptoNetwork) World Crypto Network. Loading... Unsubscribe from World Crypto Network? Cancel Unsubscribe. Working ... This channel is also known as TechCashHouse. GET A Chance To WIN $100 BITCOIN EACH MONTH By 1. liking video! 2. SUBSCRIBE! 3. share! 4. COMMENT: Bitcoin Fore... And here it is, the Crypto currency forged from nowhere, backed up by nothing and of course still under control of the usual. Is now worth more than GOLD, do not fall for it. RFB https://vimeo.com ... Here's a story that started in 2009. I didn't even know what Bitcoin was but Nutz kept talking about it! She was obsessed with Bitcoin. Me? I kinda forgot ab... Share your videos with friends, family, and the world

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