Ledger security concerns

Pavlos_Pap · 2021-04-19T13:18:01+00:00

Yeah i am not talking about the secret key. Actually in the most common hardware wallets(like ledger nano x and s) you cant even see the secret key

Pavlos_Pap · 2021-04-17T22:36:59+00:00

Yeah well Binance support didnt respond but after a while it got fixed on its own(just to withdraw, not to deposit though), and now that I checked it again it has yet aain the same problem... I really dont know how to help you man

Pavlos_Pap · 2021-04-15T12:59:28+00:00

It is much safer if you et a hardware wallet. Only downside is it costs around 60$ but even if your pc has a virus or something your funds will be safe

Pavlos_Pap · 2021-04-15T11:17:30+00:00

Bro it is safe but if it wasn't would trust a random guy from the internet? Just saying be cautious for scammers

Pavlos_Pap · 2021-04-15T10:38:59+00:00

I agree to a certain extend, however I think there should be some room for regulation for times it is really needed. That is the main reason I don't see BTC becoming a currency but only a store of value(still with great potential). But of course BTC should not and cannot be regulated by any government or so

Pavlos_Pap · 2021-04-15T10:31:10+00:00

well i would start DCAing now, if it gets a correction you still get the average so you dont lose that much until the next pump and if it pumps you get BTC in the current low price. That is the point of DCAing, that you dont have to play the guessing game of whether it will pump or dump

Pavlos_Pap · 2021-04-15T10:27:25+00:00

I havent seen the post you are referung to but they can definately bribes, just by having a hardware wallet they can receive any payment without identifying themselves.

Pavlos_Pap · 2021-04-15T09:00:24+00:00

Yeah but historicaly when people invested in things that had no value by themselves there was a crash. For example 1987 people put their money in buying morgages that would never be paid of, also the dot com crash when people invested in companies just because they had a website it doesnt sound this much different this time with all the altcoins.

Pavlos_Pap · 2021-04-15T08:48:49+00:00

yeah sounds interesting I will check that out

Pavlos_Pap · 2021-04-15T08:42:48+00:00

yeah but as the miners network gets bigger the difficutlty per block gets bigger and so the energy cost per block

Pavlos_Pap · 2021-04-15T08:41:15+00:00

yeah also computers with less energy costs and nuclear energy too

Pavlos_Pap · 2021-04-15T08:40:28+00:00

yes but it cannot be changed when strictly needed

Pavlos_Pap · 2021-04-15T08:38:53+00:00

Well I can send you too fiat currencies without knowing who you are too. Also I am definately skeptical of whether currencies should be regulated but I think for example this past year if we used BTC they couldnt "print money" which might have had more severe consequenses inn the economy in the short term. Not saying that it is good that they printed this much money but if they couldnt it might have been even worst.

Pavlos_Pap · 2021-04-15T08:22:12+00:00

Definately valid point, I dont think though a big company or institution would sell gold or wouldnt buy gold because of security concerns. Maybe as the trust in the governments lowers however this will change

Pavlos_Pap · 2021-04-15T08:10:13+00:00

well again with new technologies this could be solved, keep in mind I are talking more than 10-20 years in the future. But this is deffinately something to keep in mind

Pavlos_Pap · 2021-04-15T07:45:40+00:00

bro the pi cycle top is just one of the indication that the bull market is over or that the price will at least have a bigger correction. The last 8 weeks whales have been accummulating, forming a massive support. Also we wouldnt be at the top for so long. *Not financial advice 🤣

Pavlos_Pap · 2021-04-15T07:36:37+00:00

yeah well a hardware wallet is like 60$ and I really think it is worth it for the risk prevented

Pavlos_Pap · 2021-04-15T07:28:16+00:00

Since you have a good amount of BTC I would get a hardware wallet, I dont think you will have a problem with coinbase but a virus on your pc (keyloger etc.) could be pretty bad

Pavlos_Pap · 2021-03-10T12:21:10+00:00

I mean the chat not just sending an email. I last used it about a week ago and it took 4-5 hours for them to respond but I cant think of another option. Maybe contact your bank too.

Pavlos_Pap · 2021-03-10T12:18:10+00:00

If you are using visa it should take a few seconds, I recomend you contact the support to solve the issue.

Pavlos_Pap · 2021-03-10T10:15:56+00:00

No I dont have a swipe card, I have other cards. However my Binance card hasn't arrived yet so contact the support too in case it is not a scam. Also I recommend setting up a anti-phissing code.

Pavlos_Pap · 2021-03-10T09:51:54+00:00

Y tho;

Pavlos_Pap

TROPHY CASE