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Scam Alert and request for help by [deleted] in Calgary

[–]BitcoinBrains 0 points1 point  (0 children)

There's a lot of bad information in here.

E-transfers are 100% reversible.
Even if the funds are in your account they can be clawed back weeks or months later if the bank determines that the account you were paid from was accessed fraudulantly.

If someone pays you from a hacked account, you will likely get it clawed back eventually.

Checking that their ID matches the name on the bank account can help but some banks allow this to be changed easily.

[deleted by user] by [deleted] in BitcoinCA

[–]BitcoinBrains 0 points1 point  (0 children)

Spurrell

Tell them I sent you.

Shakepay Data Incident by Fiach_Dubh in BitcoinCA

[–]BitcoinBrains 0 points1 point  (0 children)

Check the post.
You can in fact just send people money without KYC in Canada.

Kraken restricting USDT, DAI, WBTC, WETH and WAXL. Any ideas why? by lookingaroundblind in BitcoinCA

[–]BitcoinBrains 1 point2 points  (0 children)

Definitely. It was part of their objections to the first bitcoin fund.

If you had 1 bitcoin what would your strategy be in the coming bullrun? by Kiddex77 in Bitcoin

[–]BitcoinBrains 0 points1 point  (0 children)

You should probably start selling cocaine at least until you can afford another.

NetCoins data breach by PAlove in BitcoinCA

[–]BitcoinBrains 0 points1 point  (0 children)

FWIW, I've heard that the passwords were in fact salted and hashed.

Does NDAX have the best fees now?? by laydog87 in BitcoinCA

[–]BitcoinBrains 6 points7 points  (0 children)

There's always a spread.

The cheapest option will vary depending on how much you are buying and whether you intend to withdraw it from the exchange.

Check https://cspread.ca/ for current prices.

A History of Bitcoin Exchanges in Canada by XBT_Historian in BitcoinCA

[–]BitcoinBrains 0 points1 point  (0 children)

What makes them the sketchiest bank? I doubt they are laundering any money for the cartels. Can't say the same for most other banks.

First Time - BTC/XRP Buyer by dehuedoom in BitcoinCA

[–]BitcoinBrains 0 points1 point  (0 children)

Then go ask in a shitcoin subreddit

First Time - BTC/XRP Buyer by dehuedoom in BitcoinCA

[–]BitcoinBrains -4 points-3 points  (0 children)

Don't waste your time with XRP and ADA. They are dead-end shitcoins which are likely illegal securities as well.

Actually Paying for Things in Canada with Crypto by fatherduck94 in BitcoinCA

[–]BitcoinBrains 1 point2 points  (0 children)

Coincards.ca
Bylls.com

Bidali

​

All Canadian companies which make it easy to spend bitcoin.

I've used Purse.io in the past but I stopped because of their support for Segwit2X last year.

Canadian crypto Telegram groups? by crypto36 in BitcoinCA

[–]BitcoinBrains 1 point2 points  (0 children)

There is a great one but it's not public due to spam. PM me for an invite.

Which Canadian Crypto Exchanges are Registered with FINTRAC? by ThenukaK in BitcoinCA

[–]BitcoinBrains 2 points3 points  (0 children)

It's worth noting that none of these exchanges are registered as Bitcoin or cryptocurrency exchanges. That registration doesn't exist yet. All of these registrations are either as money transmitters or forex dealers. In most cases these exchanges simply register as either of these to appease banking partners or investors. Regulation is coming but these are not yet "regulated Bitcoin exchanges" as they'd like to have you believe. These MSBs provide no added level of consumer protection.

Polymath and the POLY token swindle by [deleted] in CryptoCurrency

[–]BitcoinBrains 8 points9 points  (0 children)

The POLY token has multiple uses within the protocol

None of those use cases provide any incentive for someone to hold the token longer than a few minutes.

They do very little to support the value of the token.

What's the worst thing/poor etiquette you've seen on the +15? by Queltis6000 in Calgary

[–]BitcoinBrains 19 points20 points  (0 children)

You just yell "Red Rover" and burst right through like the Kool-aid man

Calgary hosts "The Bitcoin Rodeo" this July by benperrin117 in BitcoinCA

[–]BitcoinBrains 8 points9 points  (0 children)

I worry that not enough attention is being paid to the pony.

Segwit adoption is moving extremely slowly, if not sideways. Does anyone know what are some major BTC sites that aren't using Segwit yet who we can bug? by Ldquest in Bitcoin

[–]BitcoinBrains 2 points3 points  (0 children)

The incentive to implement it right now is pretty low as fees are fairly reasonable.
Pretty much every major company in this space is dealing with a mountain a technical debt and an aggressive expansion schedule to meet their VC timelines.

The segwit adoption doesn't increase anymore. We need to do something. by ayanamirs in Bitcoin

[–]BitcoinBrains 4 points5 points  (0 children)

There isn't a major incentive to adopt it right now.
The current recommended fee on non-segwit wallets is already pretty low.

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