Bits.ca – Bitcoin & Crypto Currency News & Resources

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Yes, people that set up scams are to be held accountable for their malicious acts. Yes, they are a low key kind of people trying to take advantage of us. However, we shouldn't ignore our own acts and behaviors. There are as many scams as there are crypto projects. Heck, maybe even triple the amount of scams. The sole reason they exist, obviously, is that there's a succes rate. Time and time again people fall for the same kind of scams. Here is another recent example : https://twitter.com/zachxbt/status/1662588069441093633?t=2GJ4B2G4bc8pXJumyGQ6qw&s=19. About 28k USD was transferred at the time of the tweet. That's a good return for such a "simple" scam. I don't want to blame the victims, but I want everyone to also look at their own behavior. Be careful. If it's too good to be true, it probably is. Listen to your instincts, verify information from multiple sources, and always be hesitant. The way to reduce scamming is to reduce the succes rate. Start with yourself. submitted by /u/n1ghsthade [link] [comments]

submitted by /u/Crypto-Jim33 [link] [comments]

Reading posts and comments on this sub I often feel like bad habits are mentioned a lot. Chart watching and gambling on moonshots in particular. However, every now and then there is a positive comment on how crypto has helped someone kick a bad habit. This mostly centers around kicking an expensive unhealthy habit to have more fiat for DCA-ing. Examples I've seen on here, or have heard of, are: -Less money spent on eating out / fast food -Quiting smoking -Getting off drugs -Quitting gambling on shady rigged betting websites / bookies. -Alcohol -Fewer nights out passing fiat up a wall All of the above habit are ridiculously expensive, robbing one of hundreds/thousands of dollars worth of DCA money each month. The quiting smoking one is particularly noteworthy. Would be interesting for a MSc / PhD student to conduct a study if this emergent incentive mechanism is outperforming those designed by governments to try to get people to quit. The same thing holds for gambling. This is a habit that robs people of massive amounts of fiat, and, if not kept in check, can ruin lives and families, etc. With respect to crypto replacing gambling habits, I'm talking about healthy crypto habits, so to clarify, DCA-ing into blue chips or well established alts. Not replacing one gambling habit with another (leverage trading and moonshots, i.e., "this is a casino" behaviour). In addition to kicking bad habits, crypto has taught me a lot about investments in general, and I'm definitely better with my personal finances as a result. Anyway, what are your experiences? What unhealthy habits have you managed to put aside thanks to the incentive of obtaining more crypto? And what good habits have you managed to establish (Beside buying high and selling low.... )? For those whonhave managed this, what would your advice be to others who are considering this step? submitted by /u/RedBunery [link] [comments]

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submitted by /u/cryptdoh6 [link] [comments]

I received an email from someone claiming to be a hacker, warning me about potential computer hack and stating that he/she have access to my password.This so called “hacker”seems quite unintelligent on multiple levels as he only has my computer password and not rest of the passwords on my machine and wants me to send Btc, his/her email reads. “ Hello I know your password! I infected you with a malware (RAT)/(Remote Administration Tool), some time ago and since then, I have been observing your actions. The malware gave me full access and control over your system, meaning, I can see everything on your screen, turn on your camera or microphone and you won't even notice about it, yes such things exist, you can Google it! I have also access to all your contacts, I collected everything private from you, pictures, videos, everything! And I MADE A VIDEO SHOWING BOTH YOU (through your webcam) AND THE VIDEO YOU WERE WATCHING (on the screen) WHILE SATISFYING YOURSELF! I can send this video to all your contacts (email, social network) and publish all your private stuff everywhere! You can prevent me from doing this! To stop me, transfer exactly: 400$ with the current bitcoin (BTC) price to my bitcoin address. If you don't know how to get bitcoin, Google - "How to buy Bitcoin", it's very simple for example with credit card. The wallet you can create here: https://www.blockchain.com My bitcoin address is: 1AP2As59uhGfzaV1AhJy46AdQXUfPgxByZ Copy and paste my address - it's (CASE-sensitive). You know this all isn't a joke, you got the proof above! I think it's a very good price compared to the damage and hell it can bring into your life! After receiving the payment, I will delete everything from you and you can life your live in peace like before. I give you 3 days to get the bitcoins! Don't share this email with anyone, this should stay our little secret.” Please help me report his Btc address to all the exchanges and authorities as scam, I Checked the address and indeed few people ended up sending this person btc .Guys stay vigilant and focus on keeping your personal information safer and do not fall for this scam. submitted by /u/aadi2760 [link] [comments]

Elections are close and the news is filled with politicians and there stand on crypto , some are with and some are against it , either way we all know that politicians are quite a scummy bunch and they will say or do anything if it gets them votes. Just because a shitty politician starts supporting crypto doesn't mean he is less shitty , he is just a shitty person who also supports crypto. ​ The whole point of Satoshi creating bitcoin was to free our money from hands of the politicians who will sell their first born if you pay them enough and if we start choosing sides of politicians it will make Satoshi sad. We need to make sure that crypto remains immune from the influences of politicians because everything they do is against the ideas of crypto, the ideas of freedom from overlords , and centralised banks , freedom from continuously depreciating money and unstoppable money printers. submitted by /u/throwaway23110504 [link] [comments]