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

in cryptocurrency •  6 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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6 years ago by

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      ·  6 years ago 

    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 :)

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      ·  6 years ago 

    That sucks! How’s it been going?

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      ·  6 years ago 

    Busy with RL :(

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        ·  6 years ago 

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

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          ·  6 years ago (edited)

        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!

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            ·  6 years ago 

          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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              ·  6 years ago 

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                ·  6 years ago 

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