Topic: Here is why Bitcointalk is a reliable source! (Read 436 times)

That's the absolute truth. To even think that most (if not all) of the Bitcoin/crypto OGs had accounts here with some disguised while others with their known identify, is mind-blowing. Yes, we know that the Bitcoin inventor himself, Satoshi, created this forum idea but this forum has grown to embrace other crypto heavyweights. Whatever that's remarkable in Bitcoin today and its growth that remained historical from the $10k for two pizzas incident to the "hodl" error had the major players as members here. There's a long list of such incidents to be remembered. I can't really be sure again but I think I once read a thread mentioning Vitalik Butterin and CZ Binance having been registered here too.

Yes, you are right with the points you have made. I am of the opinion that this is one of the best websites and communities where a crypto enthusiast can gain very concrete knowledge about any cryptocurrency they want to know or learn about the blockchain technology, which happens to be a great technology in this generation. I can even testify that through my stay on this forum, I have been able to learn a lot of things that I was never aware of when I was not yet here. Indeed, the forum has a lot of tech experts, Bitcoin experienced users, and Bitcoin miners, which means that the forum is really a good source for learning for anyone because on the forum, different ideas are shared and one could even learn new things every day.

Bitcointalk is not a reliable source, the info here is sometimes not true, even simple things. But from the other hand, there a lot of various info.

Totally agree with you. Yes, indeed Bitcointalk is filled with people of vast knowledge about crypto, tech, mining, politics etc. But it is also filled with spammers, scammers, shitposters, altaccounts. It may be a reliable source but it is not free of unreliable peoples. The only advantage is the trust system, with that we are sorting out good and bad sources. Without that this forum would be like any other forum. USELESS.... My personal opinion is that, trust system or you can say feeeback system is the only thing that is keeping the forum intact from falling apart.

I think it's not only the moderators but reputable members of this forum who made sure that the forum is clean and all the information emanating from this forum is true and accurate, with so many members here, the forum cannot keep up moderating the discussions and each member posts, the trust and member's feedback has done a lot to weed out bad members of this forum.

If accurate there are members who will come to correct the inaccuracy, there were times that I provided inaccurate information and it's okay for me and I feel grateful if some member will come and correct me on the inaccuracy of the information I provided.

This is why Bitcointalk stands out from the rest of other social media platforms. Every media has all these set of people as well but the unique nature of Forum makes it possible for one to identify each category of users with the help of trust system. By checking the trust summary, one could see shitposter, spammer or troller as the case may be in the majority of profiles capable of doing that. Other medias do not have that feature.

In any social setting, bad people can not be completely flush out and Forum is not excluded from this menace but Forum is trying to limit and minimize this by having moderators in almost all the section of the forum to check mate the activities going on and get rid of perceived suspicious activities.

Yes, the information you get here is strictly on each individual perspective and some are likely to be inaccurate. It's left for the reader to chose the one to hold onto as it apply to their problem.

Bitcoin is actually trusted forum on the internet where no information goes to the public very easily.Bitcoin is not Cryptocurrency trust system no doubt but 100% maybe for Bitcoin not a reliable source as there are many members here who have not come here with faith, but the information here is not saved.Yes, it is true that there is a less chance of overt cheating.This forum is trusted since its inception, otherwise no one would be able to say it is a trusted place until later because that capability is what created the forum.
The bottom line is that nothing is permanently trusted, but many things are partially trusted one of them is Bitcoin, but action is the actual thing by doing you will build trust and people will see.But we can consider Bitcoin as a reliable source.

Eish! I so wanna agree you with you on this line but nah, I can't. Not everyone is all about rep here and it helps that this a forum where everyone is anonymous so I can scam and get away with it without you calling the cops on me, right? I mean, whats the biggest punishment one can get for being a scammer? A couple of red tags? Gee, the user could get tired of having that many red colors on his profile and decide to get another one.

Yes, this is exactly why I mentioned the option reputation. Some of you guys have been around and contributed to this forum for a long time. Those forum members are unlikely to give incorrect information unless it's an honest mistake or misunderstanding. I have followed a lot of YouTube videos before and ended up messing up my system. The very recent incident happened last night. I was trying to set up Fedora workstation 38 with Windows dual boot. I ended up corrupting my Windows files, and I had to format my drives. I have lost my PGP key backups and many other important files. I was lucky that I had stored my electrum keys offline. Otherwise, I could have lost thousands of dollars.

I wouldn't go so far as say that, if you talk about being a source of news, it's as reliable as the links that they've got to share the news to the forum. If you're talking about experiences, it isn't a reliable source because experience per person varies and if you're talking about information, you have to sift through all the opinions and information that the other people share regarding a specific topic so in a way, picking out what's correct and wrong just to get an information, I don't think that you can call that a reliable source. But one thing that I can say to you is that BCT is a reliable forum when you want to expand your knowledge and sharpen your critical thinking skills.

I am yet to see rep given for topics/helping others, almost all comes solely from trading with others, that's why some don't have any just because they don't trade. Feel free to show me rep given for former examples so I come out of my ignorance.

I agree with the majority opinion that here you can get complete knowledge and more accurate information. Knowing how easy it is nowadays to create websites and write on them whatever the owner likes without proving his level of knowledge, trusting other sources is sometimes very problematic. I don’t trust Google Search because I consider it very corrupt and aimed only at money, but I think getting information from the forum is the correct thing to do. In addition, after spending a long time on the forum, the nicknames of many users are so familiar that trusting the posts of people you read every day is safer for me than reading information from strangers on the Internet.

Forum members are constantly looking out for each other, and newbies are always advised to be careful of the kind of private messages they respond to especially after creating topics asking for some sort of help or assistance.

Help is usually offered publicly in this forum, so that it helps another person as it helps you.

Many users on the forum possess vast knowledge and experience, and have no linking or relationship asides this forum that has become a meet place for everyone. If many users give the same answer to a question you ask, you can trust the information as reliable and correct.

I'd agree if you say we've got tech geeks in here, buh that's also another motivation - it's either gonna create some kinda exposure to peeps and could possibly make them develop interest in programming/coding, or it'd help the enhancement of the forum's website domain....doesn't mean it'll guide against meagre scams..
The supposed impartial forum has tolerated so many projects without proper scrutiny... I think that's Also a great factor to oppose your motion.

Sandra 🧑‍🦰

Why some are already disagreeing with you, I have to agree with you from your perspective of reasoning. The major reason people are not scamming is because of signature campaigns of the forum. I wanted to hastly disagree with you, but on a second thought I decided to agree with you.
I have seen where a member of the forum who was in Royse777 campaign with a snr member account defaulted shaan loan of about 120 dollars and the account was tagged. People greatly blamed the loan defaulter that if he was patient, he could pay the loan with 2weeks campaign pay and still not have his account ruined. If there was no signature campaigns, scam would have been much here in the forum.

Scammers will scam people even right before the end of this world. Even if they know that everything is going to be destroyed, they will scam others if they get a chance. I do agree that the signature campaign has an advantage, and it is one of the reasons why some potential scammers still did not scam anyone. You will see loan defaulters here from time to time. One of the lenders is "shasan" who got scammed by a bunch of high ranked scammers. It's because they were kicked out of the signature campaign and they were unable to make money from this forum anymore. Since they were unable to make money, they think the account does not have value anymore therefore they decided to scam him.

@yogg is an example of a bad guy who committed organized fraud through Cold Key distribution.
He even made tens of thousands of dollars in profit from his scam and threw away his Legendary account which could have made him $800 per month.

People tagged him as a scammer and this will prevent others from being scammed again.
But the impact it had on many people's finances was disruptive.

The forum exposed all of his crimes, even though those who seemed very trustworthy turned out to be professional scammers. 


 

I disagree. Signature campaigns has its advantages but I don’t think it’s the reason why users aren’t scamming. It’s like saying there are no decent jobs out there and that’s why scammers do what they do. In my opinion Bitcointalk has a low level of scam because the forum has a structure based on rank and trust ratings, in order to pull a scam successfully in this forum you would need to have a good rank and reputation. Those two do not come easy. It’s x10 harder to scam on btt than on reddit or other platforms.

THAT may be the best post in the entire thread. The idea that if your account has a value you won't be as likely to scam is true and simple but accurate.

Here is a guy that tried to scam today

https://bitcointalksearch.org/topic/m.62945083

the op is a 0 merit 1 post newbie with nothing to lose if he pulls his scam off.

This is true. Now we know some positive sides of the signature campaigns as well. People usually have a bad idea of the signature campaign because it generates spam all over the forum. When someone scams others for $200, they do not care about their reputation anymore because they know they cannot make money with this account anymore.

If we talk about the forum you mentioned, I have checked it, and it does not look good. I don't know why. Most questions had one answer, and some others had no answers. I guess it's not that much crowded.

Yeah you are right and I agree with you to some extent but yeah bitcoin talk is a reliable source of information and now I am adding some more to your topic. As we all know bitcoin is a large active community that has approximately 3 million users so the information that is shared here is reliable and well explained, Most people are here knowledgeable and experienced and they are willing to guide others also this community has a stronger system of modration whose works to protect the community from scammers and removing any wrong information shared by any users. But If we look to the other side there are thousands of shitposters and spammers here who question the reliability of this forūm.  If you take my opinion then I suggest that you just take the information from the persons who have a large number of + trusts these people are well knowledgeable and have more experienced and you can easily trust their information but remember no knowledge/information is perfect so you have to check it with your selves.

I really agree with you if you compare bitcointalk with other bitcoin discussion forum that are its competitors. I don't remember how many minutes I have spent browsing altcointalk forum or other bitcoin discussion forum - but I can say some of my time has been spent on bitcointalk since I was a beginner.

Of course bitcointalk is more reliable - but not all the information provided by the author of the post can be considered correct if you do not equip yourself with knowledge. Some information can sometimes be misleading - so you should know how to verify its correctness.

This is very true. I have been offered 1 and or 2 btc for this account more than once.

About 5,000 to 35,000 usd when the offers were made.

I am fortunate that I have no need or want to sell this account. But I am sure some legends have done so.

They may have got into a bind gambling or whatever else and decided to sell the account or do a scam.

Most of us humans  won’t steal if we have a good thing going.
Some of us humans will steal if we are in a bad financial spot.

Hugeblack recommended https://bitcoin.stackexchange.com/ as a more reliable source of information.

I've used it and while there are great pieces of information to be gotten from there and the forum is designed to show the best replies at the top, I will still pick this forum over it.
Bitcointalk has the discussion feel that many other forums are lacking and it still has one of the greatest resource for Bitcoin related knowledge and it's an extra bonus that Satoshi created it.

One of the main things on why this forum to be great is that when it comes on validating such information, there's always those people that will verify things whethers its
real or not and because of those thing then you could really be able to assess whether you should avoid it or not. When it comes to information then there's
no doubt that this forum does almost have it all, just be careful though with fake information and scams which arent moderated on this forum
on which it is really just that right on being that careful.

Bitcointalk is where many people joining discussions, teach others of what they have know or learned and others asking questions or you can say anything because there's also baking contest, art contest. I hate when a forum member scamming people of their funds and I would also say that Bitcointalk is kind of like what Learn Bitcoin said. Well, Bitcointalk is a trusted forum for Bitcoin and other cryptocurrency related but there's also gambling although you may say that it is crypto related since gamblers use crypto to bet.

This forum is always providing us with legit information and answers to most problems we ask. This is because when you ask a question, some users will give you the exact answer, while others will go the extra length to explain further for easy understanding, and when some users give a wrong or incomplete response, other users will make clarifications to make it easy and clear for the person who asks the question.

Particularly when it comes to the technical parts of bitcoin, there are some common users and some experts who always supply the appropriate knowledge at the right time. Because of this, I go to discussion boards, Bitcoin Technical Support, and anything else related to wallets and transactions when I need the appropriate knowledge.

When it comes to scams, the Bitcointalk forum is the safest place to get reliable information, and you have a chance of not getting scammed with most of the information you get here.

Exactly,  I had found most of the positive and the information which are to the point in about bitcoin and other cryptocurrencies in bitcoinTalk,  which help me a lot from previous some years. Another best thing we can also taking part in different discussion about the cryptocurrency,  and help each other in different problems,  someone is facing in exchanges or some people are facing problems in areas we have information. This has help me a lot. And also we can engage ourselves in the discussions only made for the Bitcoin,  named as Bitcoin Discussion.
I didn't see some scammer that they had scammed in a forum mentioned by the owner of the post. Still I will search for it and if any ,  will share here.

I would love to know if there is any other Bitcoin related forum where can spend more useful time than here. Because in my knowledge there is none. But if there is then it will be a big favor from you. thanks in advance.

You did make a valid point, and to be honest I had no idea about these members and how they scammed the users, but you said they scammed for $200 but after checking the case of yogg he scammed more than that, I check the thread where a member opened a case of cards that got claimed and he lost money and many other also lost there assets. Which is very sad and I am quite shocked to see how legendaries member could do such things.

And you have said well about a member who is not earning anything and is legendary too then he will try to scam others using his reputation. But I think they should not do things for $200 hehe. Just kidding.

This is not accurate. There are forums^[1] in which you can obtain more detailed information and better answers, but this forum remains a place to share your ideas, no matter how stupid they are, and to obtain information with some degree of validity. For example, if you ask a question in some local boards or altcoins board, you may not get a correct answer



This is related to the economy of signature campaigns. I will not scam you for $500 because my account can generate an income of $800 per month, but whenever the signature campaigns stop, you will find legendary members scamming for $200, and the truest example of this is @yogg^[2] Cold Keys scam^[3]

[1] https://bitcoin.stackexchange.com/
[2] https://bitcointalksearch.org/user/yogg-140827
[3] My Cold Keys Just Got Swiped! All Cold Kuntz!

Indeed, I also had many thoughts on this topic before, and whenever asked by a person about BTC who knew nothing about BTC and the crypto world. I simply think that what if this person spends only 1 month on this forum actively and takes part in as much discussion as he can? Because before making a reply on some topic, a person thinks 2 times, because he knows, his reply will be read and judged by others.

And in that process, that person makes an effort, does research, and learns a lot of things. In short, instant and valuable replies and corrections, suggestions on your topics, and replies, will motivate you or force you to do better next time and you as an OP will try to come up with better content and with better replies. Which will help others (newbies and Pros).

besides, all that, I can not agree more with you, this forum really have legends and experts of different IT sectors who value the content because of the education they have.

It should be one of the reliable sources for anything Bitcoin because the one who created Bitcoin and his colleagues are the ones who founded Bitcointalk, the ecosystem was built to debate what's right and what is acceptable for the community.

Compared to other platforms that discuss Bitcoin and Cryptocurrency, the information comes from the opinion of one individual which is why it's prone to error.
Here in Bitcointalk, there's a continuous exchange of thoughts for the truth and reliable information to come out.

Surely there are some tech geeks on the forum who write the posts to help other people who visit this forum and sometimes the average users also write posts which can be valuable for others. Well, Satoshi was part of this forum and he/she/they may still be part of this forum but in a anonymous way but still in the early days he/she/they was active as a user of the forum and was helping to fix the issues of Bitcoin in those days.

Yeah, the Bitcointalk forum is a good place for everyone who want to make deals with the members of the forum, but I must say that if someone really wants to avoid being scammed then he/she has to deal with reputed members only. The newbies and low-rank members of the forum can't be trusted and some of them can be scammers who may steal your money and may not deliver what they have promised. I would again say that the members should always keep in mind that no forum on the internet is free from scammers and people with scamming mentality are everywhere. None of the scams take place publicly and a scammer always try to scam others via private messages or via Telegram.

The reputation system of the forum is in good state but we still can't consider it as a perfect soliton. I have seen members with many green trust ratings who were later involved in scams while on the other hand there are members without any trust rating but still they haven't done any kind of scam activity so far. Although, everyone trust those members who have positive ratings and actually most of them can be trusted without much thinking, but sometimes the members with no-trust ratings can also provide valuable information for the readers of the forum. I firmly believe that the users with green trust ratings will always try their best to protect their reputation and they can be trusted.

No doubt that the forum has the best resource if you have any doubts about Bitcoin. I have found almost everything here when I have any doubt if I am not able to search for the answer to my query I have to get help from fellow forum members. To an extent, it is far more easy to use the forum than Google to find an answer here. There are good tutorials that are very well explained, but they do not promote any product or have referral links. My concern is that those tutorials have images that are not showing up due to the Imgur issue, if and only if those images can again be activated then it would be helpful. Some tutorials are not updated, if the creator of those tutorials can update them according to the current situation then it would be great.   

The Bitcointalk forum and every platform have newbies, spammers and shitposters. Now, I want to say that if you compare Bitcointalk with other available platforms, surely Bitcointalk is more reliable. On most platforms, someone posts and leaves. They rarely come back and follow their previous comment.


Even if the "reliable" word is not a good choice, I guess you understand what I mean. Everyone loves to earn merits no matter what their rank is. So, even if a newbie makes a reply, I believe they try their best to help others. This is the only way to earn merits. I believe the merits and the DT network affects the reputation system, which is why most peoples want to earn them. If you want to earn them, you must contribute positively. If you see inaccurate information, that is not intentional.

Bitcointalk is very unique compared to other places you can learn about bitcoin. Why I prefer here to google because Google gives a kind of dynamic answer to questions, whereby if you aren't satisfied by the answer, you will have to make another search. This is unlike BTT where a wrong information can be immediately refuted as the conversation progresses.


Your statement seems bogus. There is no way you will consider a forum where scam is not moderated as the safest forum. Bitcointalk has no credit in terms of scam curtailment or moderation. The admin is not even interested, so let's not give BTT such credit.

You can trust those members with green trust, but before you can have 100% trust in them if you want to have a deal with any of them in a trade, you have to make sure that they are the original owner in a way that you can be certain that you are dealing with the real person. This can be done either by proving that they are the original owner of the account with singing of message with their staked bitcoin address or PGP key encryption if they have PGP public key.

I see and understand what you mean, I think you just went too meta for people.

Your 3 points summarized into 10 words:
- BitcoinTalk is legendary.
- BitcoinTalk is open.
- BItcoinTalk is well governed.


I think the right way to interpret what Learn Bitcoin is saying, is that there is an incentive to be genuine. The incentive being, your reputation is recognized by other members. Kind of working more like the concept of karma than anything else.

I guess this is your first forum, I mean you're not quite active or spend more time to explore on the other forums e.g. reddit, quora, etc. The reason why many users aren't a scammer is they risking something which is signature campaign, if the forum has no signature campaign, I expect it's nothing different with other forums.

This has no correlation with reliable source because in any forums there's always someone who expert in something and willing to give their knowledge to other people.

Agree neither not agree, of course if you trade with a high ranked user, the chance you will be scammed is zero as long as the user can sign message and the amount you trade isn't really high e.g. lower than $1,000.

Remember, a project that could be trusted and was having active signature campaign can turn scam e.g. Betnomi, no one can verify rug pull/exit scam project.

Hmm?

Yeah you are right because we can't say is reliable 100 percent lots of people got scammed, where we can say is reliable is when a user carefully make reach before deal with anyone (Reliable can be term as financial deal) otherwise here is reliable to get information but not a deal that involves money as anyone can acts as a reliable users and yet scam someone and made away with their money.
The thing is its left for everyone or every user to filter their information by themselves to see if they are true or not, just as post are being evaluated from many people since what i could see as quality contents might not be quality for another user.

Not sure if "reliable" is the right word for this. You still see inaccurate information from time to time especially from those with bad activity:merit ratios. What's great is just the fact that if someone would provide inaccurate information, someone could immediately correct said inaccurate information.

Indeed, this has merits. It was formed in the same year as Bitcoin. This platform is trustworthy because it brought together early Bitcoin enthusiasts and developers, contributing to the credibility of the preserved quality and accurate information shared here. Experts are also present, with extensive experience and knowledge, including miners, researchers, economists, and business professionals. All different aspects of the crypto ecosystem and technology are covered here, making it a valuable learning resource for beginners. You are ready to be corrected for any errors and misinformation encountered.

You say that bitcointalk is a trusted forum for anything, I disagree. However, if you say that bitcointalk is a trusted forum for bitcoin and cryptocurrency, I agree.

In my opinion, all sites or forums have their own advantages and disadvantages. This also applies to the bitcointalk forum, that discussions about economics and politics here are only supplementary boards and most of those discussing there are not experts. The discussion is often just a brief analysis without clear references. Or worse, many of the answers are repetitive. There are many sites out there that discuss economics and politics comprehensively and are written by experts

But when it comes to bitcoin, this forum is definitely the best

You are making things up extremely man.

Bitcointalk is a great forum with many Bitcoin developers and technical experts but in this forum, there are newbies, spammers, shitposters and trollers too. Everyone who visit as a guest or use this forum as a member must verify information they read.

They can not assume and believe all information they read here is reliable and correct.

This morning, I was replying to a topic in the Beginners & Help section, and I wanted to write that Bitcointalk is a reliable source for anything. If you ask anything about Bitcoin and crypto technology, you will likely get the most reliable/valuable/accurate answer compared to most of the internet. Then I asked myself, but why? How does it make a difference?

The answer I got from myself is;

Tech Geeks
BitcoinTalk has some tech geeks who exclusively write their posts to help people in every other way. Of course, Bitcointalk also has average users like me. Since this forum is one of the oldest on the internet, thousands of articles were written almost decades ago, and tech geeks are still writing informative articles, hoping that someone will get help from them. It's nice to feel that one day, Satoshi was part of this forum, and his posts are still there. Imagine you can say to your grandkids that you have seen many posts from Satoshi in the early days of Bitcoin (I still consider it as early days.

Why are you unlikely to be publicly scammed?
I consider Bitcointalk as one of the safest forums on the internet. The internet is full of scammers, and Bitcointalk is not without scammers. There are scammers, but you are unlikely to get scammed if you talk in public. Remember, scams are not moderated in this forum. Bitcointalk members are unlikely to scam a random person publicly because others will immediately try to save you from fraud (if they notice).

Why it's reliable?
One of the reasons is reputation. Bitcointalk has designed the reputation system very well. The users build their reputation over time by helping others, writing helpful topics/posts, and trading with others. So, if you see a member with a couple of +green feedback under their name, you can trust them (Not all of them). Always check their Trust page before you deal with anyone. Bitcointalk users want to build up their reputation in every possible way. So, most of their intention to help is genuine. Which is why the source they provide is most likely reliable. Yet I suggest you check before you click on anything.

That's what I had in my mind. Feel free to add why you think Bitcointalk is a reliable source!