😱How I lost $10 USD in Bitcoin Cash in a payment error 😱 Message to crypto newbies 😉(UPDATE - REFER TO COMMENT SECTION)

in #cryptocurrency6 years ago (edited)


So when I tried to pay for a VPN for my home IPFS node, I just made a payment error that I don’t understand, and I lost $10 USD in Bitcoin Cash :(

Just to be safe when not using a payment protocol like BitPay’s BIP-70:

  1. Send the smallest amount possible to check that everything works.
  2. Don’t send BCH to a BTC address (or vice versa). Make sure you triple check 😉
  3. NEVER submit payments directly from exchanges!

To end the video on a positive note, I explained how I recovered my Byteball smart contract wallet after I accidentally wiped BOTH my main SSD and my Time Machine backup!

Misc

Shop on Amazon using our affiliate link: http://amzn.to/2bgofns
Backup your computer with Backblaze: https://secure.backblaze.com/r/01p50l


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I'm happy to see you're sharing your crypto expricences!

I made similar experiences with ETH and ETC!!

Will be in touch soon to talk about OneLoveDtube :)

That sucks! How’s it been going?

Busy with RL :(

Hit me up on Twitter. Been awhile since we connected!

UPDATE: Apparently the payment did not manage to process the other day due to the recent BCH hard fork that I did not know. That might have delayed the payment until today, I saw my account balance was added by 1.5 months (not 2 months due to recent drastic price changes).

The hard fork affected payment gateways, wallets and transactions. Exchanges have frozen all deposits and withdrawal requests. At the time when I made the payment, Coinbase BCH wallets were already frozen.

So the 0.02BCH was not lost!

Well that’s good to hear! Also wanted to let you know the andiord app is done. Was hoping to upload the iOS too.

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I'm not like you, I do not upload videos for money so stop deleting my videos