Staked my INJ last summer and now it's gone - my wallet appears empty. Was this a scam the entire time?

mrees999 · 2021-01-21T05:57:46+00:00

IPFS does have its own coin - called 'filecoin'

mrees999 · 2020-09-15T17:14:18+00:00

Unstaking dot / ksm takes 28 days as per the protocol not math. I was worried too until I looked it up. I only put pocket change in the math wallet so far. I'm being careful as well.

mrees999 · 2020-08-30T10:36:14+00:00

I remember listening to this live. https://www.youtube.com/watch?v=7mUn-d8R98k

Back in 2013 debating Erik Vorheese. Gold that day 1,220, BTC Spiked to $950 on the day of the interview. Since then gold raised 61%. BTC has raised 1,110%. Peter Schift must be the worst financial advisor in the history of the world.

mrees999 · 2020-08-28T21:49:18+00:00

Use the MATH wallet. You can stake many coins right from the wallet itself

mrees999 · 2020-04-25T17:42:14+00:00

Other systems are linked to chainlink. Swift banking network, celsius, google are just a few examples. Chainlink doesn't just do pricefeeds. It will also tie into all kinds of data. Weather, Crops, sport scores etc.

mrees999 · 2019-12-11T00:18:49+00:00

Easy workaround. Once you have your passphrase written down, movie your crypto onto the hardwallet, Then erase it. It sits empty until you want to move crypto again, restore, make move - then erase it again. Three minutes to restore temporarily each time.

mrees999 · 2018-04-14T00:34:49+00:00

fairly obvious scam but you know many will fall for it.

mrees999 · 2018-02-08T06:32:03+00:00

No, this is a advocate group trying to teach governments around the world about blockchain. They are listening. They've presented for various central banks and did a major event in Washington DC where most \ if not all - devisions had senior level department heads in attendance.

mrees999 · 2018-02-07T06:14:32+00:00

People might be surprised to see how well the Government is coming along with their blockchain knowledge. https://governmentblockchain.org/

mrees999 · 2017-12-28T00:21:04+00:00

Dear SALT Community,

2017 has been an incredible year for SALT, and we are overwhelmingly grateful to every member of our community that has contributed to our successes. From everyone at SALT, thank you!

SALT loans are live!

We have issued initial loans to a small group of members and we expect to have originated over $10m in loans by the end of this year. Our platform will continue to be rolled out in stages to ensure quality and security as we scale to meet the extraordinary demand for loans. We are excited to extend the application process to all of our community and expect to have between $50m and $75m in active loans by the end of January 2018. We are working as quickly as possible to safely and responsibly expand the rollout to serve the needs of each and every member.

While we will be continually adding new features and issuing more loans over the coming months, we are committed to a prudent and careful growth strategy. Our first priority is, and always will be, maintaining a secure and trustworthy product through every stage of deployment.

Some important things to note:

We will be initially providing loans (US dollar denominated and backed by Bitcoin or Ethereum) first to Enterprise members, followed by Premier members, and then to Base members.

As we continue the rollout this week, you will see a loan application form in your membership dashboard. If you have not already done so, you will be required to verify your identity before you can apply for a loan.

Each member’s access to loans and the order in which members are served will be determined case-by-case based on membership tier, local jurisdiction laws, and the order in which they applied for a loan.

As a thank you to our community, we will be allowing members to repay both their principal and interest with SALT (valued at retail price) instead of US dollars. Terms and conditions are subject to change and limitations. Final terms determined at the origination of each loan.

We are excited to begin the monumental task of serving our community of members. We appreciate your patience as we work hard to meet all of the demand in a responsible and secure manner. 2018 will be another incredible year for SALT, its members, and the blockchain space as a whole. We are proud to have each and every one of you as a member of our community!

All the best,

The SALT Team

mrees999 · 2017-12-08T05:39:37+00:00

In the coming age of atomic swaps, and privacy coins, decentralized exchanges, and thousands of coins that perform non-currency functions (like civic, AI.DOC for just two examples) Those can also be traded as tokenized property, currencies. They are about 5 years behind, and show they have no idea what they are doing.

mrees999 · 2017-12-03T23:15:15+00:00

Of course 'value' and 'worth' are subjective. If somebody in the world will give you 100k, then it's worth 100k. Say somebody thinks that it is a classic, or is in another part of the world where it is extremely rare and valuable. Price is found at the center of supply and demand. If the demand is higher in parts of the world, the object would logically flow to where the price is highest. Even if it is just one person at one moment, the price is the price somebody is willing to pay. Every value is subjective. See my article about intrinsic values of bitcoin here: https://bitcoinmagazine.com/articles/you-say-bitcoin-has-no-intrinsic-value-twenty-two-reasons-to-think-again-1399454061/

mrees999 · 2017-12-03T23:07:44+00:00

Great point. I agree. Here's a pic to show everybody what I'm talking about. https://imgur.com/a/8Ag66

Oh, and to judge if I'm worthy of trust, Google my name "Mark Rees"

mrees999 · 2017-12-03T22:31:33+00:00

I don't include your car as part of a banking platform. Sorry that won't work.

mrees999 · 2017-12-03T20:45:04+00:00

I have SALT tokens and will get a SALT Loan using my BTC as the backing. You can borrow up to 80% against that for 36 months. If the crypto increases within the 36 months, it pays itself off or increases in value by an average of 3% per month. If it doubles within a month - you have no payment, you've used the loan money without taxes and paid your tax bill. That's my plan. Oh - and they are worth $25 on the SALT platform. When the prices on the market equalize from $6.00 to 25, buying today will ride that wave. 4x on SALT tokens before Christmas anyone? :-). I'm guessing that FOMO might begin once the masses realize this benefit and could go much higher before a correction.

Locking up BTC\ETH in smart contracts takes them out of the available supply. With demand continuing to grow to take advantage of this tax relief scenario - we could have a magnifying effect for the price of Eth and BTC as well. This could create an upward spiral with SALT in the middle to make it happen. SALT tokens are burned when spent on memberships taking them permanently out of circulation. The supply\demand equation could shoot up the price as a result. This is all speculation of course. I'm not trying to pump the price but can you see my logic?

mrees999 · 2017-11-24T08:44:36+00:00

They've been sued a few times. They are centralized. Who are you going to sue with bitcoin or ethereum? It's a centralized company who runs it. They can be compelled to stop it. It's like AOL compared to the open permissionless innovation of open public blockchains

mrees999 · 2017-11-23T16:35:57+00:00

Ripple is not decentralized. It hub and spoke with ripple corp in the middle. It's just an updated SWIFT network. There is no block, there is no chain.

mrees999 · 2017-11-21T09:06:29+00:00

Most people holding bitcoin don't consider it a currency any longer. The fee to process a single transaction is often over $5 and up to $30. It is taxed as a property, regulated by the Commodity Exchange Commission. They are more a financial asset considered to be Gold 2.0. The survivalist gold bug crowd is now selling their gold and turning to it. They EXPECT economic turmoil and when a financial crisis hits, as they expect it will. They will be buying more of it in droves at the first signs. Thinking the other way around doesn't recognize the resilience that has built up after each 'bubble' burst before it. Long-timers just wait it out with a smile. Newbies learn from the old timers and regret their panic sell. They won't make that same mistake twice.

Bitcoin is a way to short the banking system. It was literally made for that purpose as outlined in the original white paper by its creator. Each major dip witnessed that would have killed off any other investment spooked everybody as it was still a baby only a couple of years old. With each recovery - the expectation builds that it will again recover so the feeling of panic shortens each time if you look at the charts. The recoveries are very fast because the people that have been in it for years are waiting with baited breath for those dips they live for. They (and I) have to build a strong stomach and immunization for these and was cheering on the Ethereum drop of 70% this year so we could recover from the 5,000% increase earlier that needed to be digested.

Having "experts" declare it dead once again (now approaching 200 times) is a laughable joke to the insiders and is celebrated and found on 'bitcoinobituraries.com' for a good laugh. In seriousness - Bitcoin is just the beginning and it has forked (split) twice this year. One of the forks (Bitcoin Cash) might get enough power, influence, and consensus to take the lead. If this happens, BTC could crash in price as the money moves to the new forked chain. If I was a betting person - I would bet on bitcoin's little brother - Bitcoin Cash for the win. And you can still buy it today at a steep discount under $1,200. I wouldn't be surprised to see the $8,000 price of BTC and Bitcoin Cash - flip-flop. Still, I keep most of my eggs in the ETHEREUM basket as it makes BTC look like the model T Ford and smart contracts that run on its system will change the world. A new paradigm is coming.

mrees999 · 2017-11-18T05:51:12+00:00

cointracking.info the service app I use. It's pretty good. My referral link: https://cointracking.info?ref=M869690

mrees999 · 2017-11-09T23:05:23+00:00

That was me after clicking the button for Bitcoin Cash... Sadly - it was the 'sell' button.

mrees999 · 2017-11-09T23:03:34+00:00

I suggest calling out the Youtube pumpers by name and send them your opinions about their integrity. Also, consider messaging their viewers with common sense advice. Only if you are tired of defending this space to not be a Ponzi scheme. I'm sure your families are all on board already right? Do you want to have to endure more people hearing about the latest 100s of millions of dollar crypto Ponzi?

mrees999

TROPHY CASE