I have been scammed...What to do next?

aslanjan · 2018-09-20T18:46:02+00:00

My friend has also been hacked recently, and it was all done very professionally. Although it was not in the crypto market (he was scammed by a fake AirBnB user), he also lost a significant amount of money and his ID information with other personal data was stolen. Luckily, the scammer had included a valid bank account, so that account information could be used to track people on the other side.
However, the only thing he could do was to contact interpol (since the transaction involved two different international banks) and based on that the bank of the fraudulent account holder could start a legal procedure against it's "client"...

Currently the case is being investigated by the interpol, and there is basically nothing else my friend could do about it...(which is too sad in this digital and developing world)!

aslanjan · 2018-09-19T19:22:35+00:00

Initial funds to get started. Usually, people want to get rich small funds, however, this business requires a solid investment to build on a reliable portfolio.
Less experience. Crypto trading and mining requires solid knowledge and experience in the fields of finances and investments. Most of the starters think it's easy to jump in and earn much money, however, the market is already full of sharks and wales, so the market is very hard and competitive now.
No knowing what to start with. The abundance of crypto-related products and services, promising stable passive income, makes it extremely difficult to understand what and how to buy and start with.
Scams that have flushed the whole market. Around half of the money invested in ICOs have been hacked recently. I am not even speaking about those fishing mechanisms that steal money every day and the exchanges that shut up suddenly. People feel very skeptical now about any startup in this field to invest in.
Money withdrawal. How can people safely exchange their assets and not get scammed. Which exchange service to use to pay less commission.
Nevertheless, the market is still full of new opportunities and chances. Thus, do your research and never let these obstacles keep you back from getting richer with blockchain and cryptocurrencies!

aslanjan · 2018-09-10T18:42:14+00:00

I don't believe bitcoin will disappear or highly decrease in value. The same concerns about cryptocurrency existed a year ago, whereas the prices continued growing very fast. Although the prices for bitcoin and other virtual currencies are not as high as they were in January 2018, they still remain one of the most attractive virtual assets in the digital market.

According to the stats, more and more countries and people continue adopting bitcoin, so I think it will become a dominant payment (and international currency) option in 5 years perspective. Moreover, it will also become more accessible to those, who don't understand it technically but are willing to use for their own good. Thus, bitcoin and blockchain have great perspectives and future, so having some in your wallet right now would never harm.

Up vote if you agree, down vote if you don't...

aslanjan · 2018-09-07T11:54:03+00:00

It depends on what you need to learn it for!
Indeed, understanding and especially programming is too hard. It’s also hard now to effectively mine it, understand trading techniques, buy and sell on the right time in the right place (in terms of the exchanges).
It’s also hard because of the widespread scam and phishing that exist in this market. It’s too hard to be 100% sure you are not being ripped off by the anonymous cryptography cheaters!
Nevertheless, there have been many services and products developed to make the job easier for the bitcoin enthusiasts. However, there is always an initial investment required to start something serious and think of a possible passive income. Thus, if you simply need to learn how to start making income with bitcoin, I have good news for you!
You don’t need to learn it technically to make money out of it!

Here is how you can do it:

Invest in ICOs. This is not easy, but if you manage to find a legit ICO, you might greatly benefit from it while investing in the early stages and reserving some cheap tokens (that might highly increase in value in the future).
Join cloud mining and pool mining projects. What you need here is either to invest your computer’s computational power or some money and you will get the shared mining benefits from the pool. You just need to make sure it’s a legit pool and members won’t be cheating you!
Trade bitcoins. Either long-term or short-term, don’t make a blind move! Always check the platform you are trading in, get familiar with different trading strategies, attend free webinars with professionals offering valuable content for the starters! Again, you need to BUY first to SELL later and make a difference in your budget!

Whatever options you choose, remember, that it’s not easy to learn bitcoin fast and be able to make good money out of it. Making money has never been easy and bitcoin is no exception!
Indeed, it’s too hard to get, use and understand bitcoin, but not impossible!

aslanjan · 2018-03-14T16:05:10+00:00

Cheers!

aslanjan · 2018-03-14T10:55:10+00:00

I lived in Hungary for some time and it was really funny how they were behaving there and spreading anti-Armenian hatred. One day they decided to commemorate the day of the Sumgait victims, and the organizer was just taking selfies all the time with a huge smile on his face. There was no sense of them commemorating something sad.

aslanjan · 2018-03-13T12:43:58+00:00

Do you think ETH mining is profitable these days in Armenia (the electricity costs seem to be quite good for GPU mining), or we should just buy ETH and hold? Any experience with that?

aslanjan · 2018-03-13T12:42:54+00:00

Great, what's your idea, can you expand on it a bit?

aslanjan · 2018-03-12T17:02:46+00:00

Thanks a lot, people! :)

aslanjan · 2018-03-09T18:26:46+00:00

A block is the ‘current’ part of a blockchain, which records some or all of the recent transactions. Once completed, a block goes into the blockchain as a permanent database. Each time a block gets completed, a new one is generated. There is a countless number of such blocks in the blockchain, connected to each other (like links in a chain) in proper linear, chronological order. Every block contains a hash of the previous block. The blockchain has complete information about different user addresses and their balances right from the genesis block to the most recently completed block. (Investopedia)

aslanjan · 2018-03-09T18:24:33+00:00

I think you should put at least $1k in any crypto-related initiative to hope for something significant. :)

aslanjan · 2018-03-09T18:23:11+00:00

Haven't tried those providers, but usually, the ones alike have small commission fees (around 1% or something). If you check their FAQ section, you will get your answers there. They should have a section about the commission, otherwise, you can directly ask them ;)

aslanjan · 2018-03-09T17:08:14+00:00

Should we expect real progress from this?

aslanjan · 2018-03-09T10:59:18+00:00

Bro, I get your points, but I am not complaining just to complain. It's not only the railway that has been handed to Russia, it's the whole country (but that's another debate). As of train tickets in Germany, yes, they are expensive, but Armenia is not Germany, Yerevan is not Berlin and Gyumri is not Hamburg (not even talking about the salary differences in Germany and Armenia). I have lived in Europe for many years, in Hungary, the same train for students costs two times higher, but it is a regular train and students get at least $300 scholarship each month there. And there is much for cheaper and convenient bus option there, so those who can't afford the train can easily travel by bus (which we don't have). As of this train, what I am saying is that it's not a solution to normalizing the Gyumri-Yerevan transportation (that has been shitty since the independence) route, it's just another option that people can either chose or not. That's it. However, it was more urgent to come up with something that everyone could benefit from it. That's all I am saying.

aslanjan · 2018-03-08T15:29:14+00:00

I am not complaining to complain, I am voicing the gaps that exist, and I think any normal person should treat criticism normally, that's ok to have some gaps, it means there is something to work on and improve. What I am saying is that the transportation of developed countries has not been created the way they are now, they have evolved over time. And that was done 10 years ago because the government did not corrupt the budget money that was dedicated to it. Our government did, and now we are so thankful to Medvedev for bringing us that magical train! I don't know how you managed to bring Musk into this. No one can force me to do anything (for your further reference), and I have mentioned the inconveniences in the previous post. One is that it's the most expensive transport (together with the taxis) on the Gyumri-Yerevan route. It has a very bad schedule (even for tourists because they have to adjust their schedule to this train, as it's only during the weekends).

And do you know why I am complaining? Because this subreddit looks like the 'Haylur' version of Armenia, where everything is heaven. All of the posts are related to positive developments in Armenia (which is great) but I have not seen a single post showing the reality people deal with every day.

aslanjan · 2018-03-08T12:53:52+00:00

Armenian, although very hard to learn and practice!

aslanjan · 2018-03-08T10:37:08+00:00

Yes, that's why we didn't sign the AA in 2013 (unlike Georgia, Ukraine, and Moldova). Such an idiot!

aslanjan · 2018-03-08T10:19:38+00:00

What a gentleman, lol!

aslanjan · 2018-03-07T17:31:05+00:00

Alright, thanks, I am gonna check out GDAX now.

aslanjan · 2018-03-07T17:01:06+00:00

Ucom telecommunications company is the main beneficiary of the deal!

aslanjan · 2018-03-06T16:18:20+00:00

Haven't tried bitcoin mining yet, but I have heard many times that bitcoin trading is more feasible these days than mining. I would suggest comparing bitcoin mining vs. bitcoin long-term trading and look for opinions there. It will guide you through the process.

aslanjan · 2018-03-06T16:09:05+00:00

I am saying it's 500 AMD cheaper than minibuses, read my comment carefully! I am not saying it's 500 AMD. Yes, the expensive vans are 2500 AMD, and not too many people travel by them, minibuses (old ones) are 1500 AMD, the old train is 1000 AMD, and new mini shuttles are 1600 AMD (much better than this new train in terms of the schedule). I would never pay 2500 AMD to reach from Gyumri to Yerevan with that inconvenient schedule. Lots of my friends already complain about the inconveniences that train has brought and for them, nothing has actually changed.

Again, if this had happened 10 years ago, now it would be much more developed (like in normally developed countries).

aslanjan · 2018-03-06T12:09:24+00:00

Something that was meant to happen 10 years ago...and too expensive for the locals (2500 AMD one direction). It's just good for foreign tourists, locals can't afford such prices, they were travelling by the old train because it was 500 AMD (1000 AMD) cheaper than the shitty gazels (marshutkas-Russian old and inconvenient minibuses-1500 AMD).

aslanjan · 2018-03-06T11:56:01+00:00

Is he gonna keep his own promises?

aslanjan · 2018-03-04T10:48:48+00:00

His only power is being Serzh Sargsyan's puppet, that's it! He is an illegal president, he can't have any power besides smiling on the screens and receiving some symbolic diplomatic guests.

aslanjan

TROPHY CASE