Beware the Bitcoin rip-off

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I recently managed to get an iPhone 5 so I could get a Dash wallet on my iPhone; it will not work on an earlier iPhone. So I installed the Jaxx wallet which is quite neat in that it can give you multiple wallets in different crypto currencies. Bitcoinrip already bitcoinrip several bitcoin wallets, but I thought I would try out the bicoin wallet on Jaxx just for fun. Well it turned out not to be much fun. I had a paper wallet that had been gathering some bitcoin from my mining pool and I asked Jaxx to bitcoinrip the contents to the Jaxx wallet.

Bitcoinrip I had 0. Now Jaxx pointed bitcoinrip to an article they had written which says they use a 3rd party to tell bitcoinrip how much the fee should be so it's not their fault.

Haven't Jaxx heard about a duty of care to their users to check bitcoinrip the transaction fee is reasonable or at least give the user the choice as to whether to proceed. The Jaxx wallet just does it, no way to check bitcoinrip fee. Well bitcoinrip my opinion the bitcoin mining community is out of control and bitcoinrip to get as much as they can out of innocent people trying out this new technology. If this continues much longer they will kill the bitcoinrip that lays the golden eggs and everyone will switch to other altcoins; there are plenty of them.

I have another paper wallet with over 2 BTC on it. Bitcoinrip I going to transfer that to a Jaxx wallet? I don't think so. Bitcoinrip have also noticed that bitcoinrip support desks in the crypto currency arena bitcoinrip really bitcoinrip slow, if they respond bitcoinrip all.

I am just beginning to wonder if this bitcoinrip the latest cowboy industry. I have been in the computer industry for over 40 years and have seen a succession of cowboy companies bitcoinrip think it is OK to overcharge bitcoinrip for poor service and alpha quality software. For those of you involved in the crypto currency reading this may be a little hurtful. Well pay attention and clean up your act if you want to go mainstream.

You can find the evidence for my transaction at https: As you say, this isn't necessarily a scam if they laid out the details but it's definitely a total rip off, you do not need to pay such bitcoinrip massive bitcoinrip just to have a paper wallet. In fact, Bitcoinrip don't know who these Jaxx people are but they sound dodgy as just from what you've bitcoinrip here, you should be able to set bitcoinrip a paper wallet no problem by yourself.

I recommend looking up tutorials next time and doing it that way rather than relying on shady third parties to store your Bitcoin. You should never trust a third party to keep your Bitcoin safe long term. Bitcoinrip actually think a decent idea would be to put your Bitcoin on an offline laptop rather than a paper because then it's not as easy to lose as well and you've got something you can quickly bitcoinrip up to if you need the coins eventually.

We've all got to be exceptionally careful of this kind of bitcoinrip sadly because bitcoinrip are bitcoinrip new. There was no bitcoinrip with the paper wallet. I needed to spend the bitcoin from the paper wallet so transferred it to a mobile wallet.

My mistake bitcoinrip to choose Jaxx to do it. They claim that bitcoinrip do not benefit from the transaction fee, but I think bitcoinrip have a duty of care bitcoinrip at least give one the opportunity to cancel the transaction on reviewing the fees; only you don't get to review bitcoinrip transaction fee Jaxx do goes ahead and does it. Wow that is terrible. My friend lost all his litecoin mysteriously from a jaxx wallet. I would stay away from it. I recommend using bitcoinrip wallet, it is very secure and open source.

Fuck Jaxx, they bitcoinrip me over too. God damn mooch ass bums is all they are. Their wallet bitcoinrip even fucking impressive. Report them to the Better Business Bureau. They have an office in Ontario and they would probably go investigate. Jaxx - Bitcoin rip-off. At the bitcoinrip the only crypto currency that appears to be trying reasonably hard is Dash. Authors get bitcoinrip when people bitcoinrip you upvote their post. I bitcoinrip them after bitcoinrip your post.

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If you bought the mother fucking dip , then I'm sure alerts on your crypto trading account are going nuts to let you know what the chart already looks like. The rip was basically caused by miners signalling their intent early through a piece of code called BIP Check out this little explanation from Coindesk today:.

While many thought signaling for the controversial scaling proposal Segwit2x wouldn't begin until July 21, bitcoin miners are now doing just that by way of a piece of code called BIP It makes it significantly easier for the network to adopt Segregated Witness SegWit , a backward compatible upgrade that fixes transaction malleability and clears the path for off-chain solutions like Lightning Network.

So as you can see, this removes the potential of two rival bitcoin blockchains with competing assets being created and adds a huge amount of confidence back into a market that was pricing in the worst. The rally we've seen is just the market repricing after realising that the risks that it thought we were getting were overblown. A market psychology issue that i spoke about in one of my previous blogs. You better start stretching those neck muscles If chart setups that I've spoken about before are related out then I'll leave them here.

Please leave a comment with your ideas or just share a chart. Blogging about markets is all about sharing ideas and making us see all possible angles. I look forward to having you follow along and reading what you throw at me. This post received a 3. For more information, click here! Markets price in the future. The big dip we just saw was the market pricing in the risk of things not going to plan around SegWit.

With today's news, that proved to be way too conservative, so price has come back up to where it was. This is the market price for where we are now. Only thing that will drop it back down will be if Bitcoin actually does split. Which is looking less and less likely hence the price. In this very moment, BTC's price is like a dog, waiting for us to throw the ball, keyed up like a spring that would like to burst. A split could mean to deny to throw the ball.

I mentioned Your post in my recent one, like usual, I totally agree with You! Maybe You have a brief look at it: A Look at What's Happening. At least I hope that was your answer. But if you missed the opportunity of a lifetime to get in, then brace yourself Why Bitcoin Is Ripping? Check out this little explanation from Coindesk today: As the first part of the Segwit2x scaling plan, BIP 91 does two things: Enjoy your weekend Steemit. I know I sure will! Authors get paid when people like you upvote their post.

You think we are gonna see another big dip in 1 august? Haha, well when you put it like that! I hope that we won't see that one. True, the next big day is 1 august and then november the real fud. I'm glad you can take something out of them. Thank you for the mention! I'm glad we're in agreeance. I've given it a comment and upvoted.