Warning: Steem witnesses executed a hard fork on 2020-05-20, seizing 23.6M STEEM from 65 accounts. The funds were transferred to an account named @community321, the ownership (and intentions) of which have not been revealed. The witnesses claim to have been targeting accounts which defended against a hostile takeover in early March, but at least 2 accounts on the list have been inactive for over 4 years.

Coverage:
- Decrypt.io: Steem network to seize $5 million from its own users
- SteemPeak.com: Official Announcement by @softfork22888
- GitHub.com: view steemd HF23 changes

What you can do:
- Send exchanges a notice of the pending class action lawsuit.
- Switch to HIVE, the community-led fork. Visit Hive.blog and Hiveblocks.com.

Your First Time... In Crypto by meesterboom

View this thread on steempeak.com
· @meesterboom ·
$18.87
Your First Time... In Crypto
![IMG-PHOTO-ART-848748676.jpg](https://cdn.steemitimages.com/DQmX9QSN4Ge3MGwxSTiAzBBKaxsNpyZoguVjHCWiPEgQm6e/IMG-PHOTO-ART-848748676.jpg)

*I mentioned, in the past, I have written for other publications on this fine platform. Please allow me to air another of my pieces and post it on my own blog.*

*Note the lack of swearing. It's hilarious being tied to rules...*

*Let the story begin...*

----


Do you remember your first time? In crypto that is!

For me and no doubt many of you it was Steemit. How peculiar did it feel to be earning a cryptocurrency for blogging?

I mean at the time I was not even sure what a cryptocurrency was. Everyone has heard of Bitcoin but I am certain I was not alone in being surprised at the almost ridiculous number of them. There were hundreds! All of them with exotic names, quite often ending in ***'eum.***


![7NqGr5y7HSV2UHNdR3CV919xze9G4P5Av13qP6kxAgMMedXbhdRW542gJdiuuVqLAuw5KivrNVAhLegfAPZrbsKyjVvNnje1jqGpJQUqJC9QPJf7KuSLn9RHY9NT3dG1RDj714DVTNz8unuxLjqRJLHBujNDw9Q4anw6nr7Ni6GCMC92nb3ae9E4TfvHt8oW81eyeQmqXBotQxVQbpFY.jpeg](https://cdn.steemitimages.com/DQmULvSKemsF9CRZTfcTqBEGqckszaxVEkzcUvePsCyeDNE/7NqGr5y7HSV2UHNdR3CV919xze9G4P5Av13qP6kxAgMMedXbhdRW542gJdiuuVqLAuw5KivrNVAhLegfAPZrbsKyjVvNnje1jqGpJQUqJC9QPJf7KuSLn9RHY9NT3dG1RDj714DVTNz8unuxLjqRJLHBujNDw9Q4anw6nr7Ni6GCMC92nb3ae9E4TfvHt8oW81eyeQmqXBotQxVQbpFY.jpeg)


Or at least so you first think. Of course, there are hurdles to overcome.

I remember the first time I sent my coin to an exchange. The tension, the sheer nerves. Have I done it right? What the heck are these long addresses? Will this even work?

You log onto the exchange in question.

***Hey, where's my money!?***

It doesn't appear instantly. You get a sinking feeling in your gut, deep down you knew it was all too good to be true. Your money has disappeared into the ether. *(Excuse the pun.)*

*This is such a scam.*

You think despondently.

Then suddenly, after having refreshed the balances screen only about 763 times, it appears and you can breathe a sigh of relief.

*This is it. I am on the road to becoming a giant in the crypto-sphere.*


![15dag_20171203185730654_20171204184058866_20171204230703812_20171207205009254.jpg](https://cdn.steemitimages.com/DQmUcAJaTkfkcFJhj9vSBdc1r3ASomc2gBhWwCaCkUnQhoq/15dag_20171203185730654_20171204184058866_20171204230703812_20171207205009254.jpg)


You feel such elation. It doesn't take long before you make your first trade and sell your precious coin for some BTC. Does that mean you are a trader now? Things just keep getting better.

After a little time, you amass enough bitcoin and you know it is time for the next step. To transfer your BTC out. Send it to the outside world so that you can place your hands on some 'real' world money. Perhaps you will get a Bitcoin debit card? There are many options. You choose one, then send your BTC to it.

Wait? Where has it gone? It has left the exchange but it has not appeared in the wallet at the other end?

*This is such a scam.*

You think downheartedly.


![7NqGr5y7HSV2UHNdR3CV919xze9G4P5Av13qP6kxAh7tgnpeFShy2z3nNAN2W2gztNhnz3LMEkGGj7nXQw9m6z99HpdGUYGdVAm5SouNLbbYYyk3NVtgmeUpo1vN5UhJA7AVKKMFZ3UyxCbVpiRmiiHbK6D3UHYGu3HCh6ExnjZMtPEtSFq6yJthdTc8SrqnE92A4YyAygAtVrrozAir.jpeg](https://cdn.steemitimages.com/DQmQiQBj7Vb2LqWodoodR3aMM2gy6DhpovoqyEvZrFUFBac/7NqGr5y7HSV2UHNdR3CV919xze9G4P5Av13qP6kxAh7tgnpeFShy2z3nNAN2W2gztNhnz3LMEkGGj7nXQw9m6z99HpdGUYGdVAm5SouNLbbYYyk3NVtgmeUpo1vN5UhJA7AVKKMFZ3UyxCbVpiRmiiHbK6D3UHYGu3HCh6ExnjZMtPEtSFq6yJthdTc8SrqnE92A4YyAygAtVrrozAir.jpeg)


You log onto one of the telegrams/discords/chats. Some splendid fellow advises you that you can check your transaction with a block explorer and that it needs several confirmations. You gratefully thank them whilst wondering what the heck a block explorer or a confirmation is. You are too scared to ask though, for fear of looking even more of a newbie.

Eventually, like an old dog, the wandering Bitcoin shows up in your wallet. You make your first purchase. It works, it goes through. You are riding on a giant wave of elation. Your world has undergone a seismic shift and you know that nothing will ever be the same again.

It doesn't take you long before the transferring and moving about of crypto becomes second nature. In fact, you even venture into a little bit more trading. There are so many possibilities.

Then one day you log on to your favourite exchange. One of your coins is pumping and you want to sell and get some of that lovely Bitcoin to spend. Isn't this marvellous?

**"Your wallet is undergoing maintenance."**

How can this be? Why do they have to conduct maintenance on a wallet?

*This is such a scam.*

You think dejectedly.

Many moons later the wallet comes back online. You realise that you are being far too harsh on the old world of crypto. Now when you see wallets down for maintenance or wait 17 days for a Bitcoin transaction to go through you laugh like a Hyena and carry on without a care in the world.


![15dag_20171203185730654_20171204184058866_20171204230703812_20171207205909647.jpg](https://cdn.steemitimages.com/DQmNSkbovgSXHdB3DRzYNULPvZSWzctVitk9uR1wmPGPw1W/15dag_20171203185730654_20171204184058866_20171204230703812_20171207205909647.jpg)


You definitely no longer think it is a scam. In fact you become quite the crypto evangelist.

*This is incredible!*

You tell all and sundry.

One day one of your friends shows interest in the whole Crypto realm. You excitedly gabble about coins and exchanges and blockchains. They listen, eyes wide.

You carry on. So much crypto knowledge to impart. Tokens and confirmations and ICO 's and even IEO's. You are bubbling with excitement at sharing all this stuff you have learned. Eventually, you finish and tell them it will be the best thing they ever do.

Your friend leans in and says.

*Isn't it all a bit of a scam though?*
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 148 others
👎  , ,
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@doyoy ·
$0.01
This made me to remember when I joined crypto. I was thinking I will be a millionaire in the next two month
👍  
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@meesterboom ·
Lol. I thought exactly the same. I was quite disappointed when I wasn't!
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@likwid ·
$7.14
likwid-comment-1585822245079
This post earned a total payout of 0.030$ and 0.015$ worth of author reward that was liquified using @likwid. <br> [Learn more.](https://steemit.com/steem/@likwid/how-to-use-likwid-to-get-your-rewards-instantly-into-liquid-steem-and-sbd)
👍  
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@fknmayhem ·
$0.05
Crypto, where we just print money out of nothing and defend it as better than Marmite.

*It's a bit of a scam, isn't it?*
👍  
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@meesterboom ·
Hehe, the thing is. It sorta is! :0D
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@eii ·
!shop
$trdo
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@trendotoken ·
Congratulations @eii, you successfuly trended the post shared by @meesterboom!
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---
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@teamcn-shop ·
Hi~ meesterboom!
@eii has gifted you 1 SHOP!
![](https://cdn.steemitimages.com/DQmadPZSURDoChgXH9xMdFHEHApQBacDnDK1oUJy5MwVgGF/shop.jpg)

 Currently you have: 3 SHOP
<p><sup>View or Exchange <code> SHOP</code> Please go to <a href="https://steem-engine.com/?p=market&t=SHOP">steem-engine.com</a>.</sup></p>
Are you bored? Play Rock,Paper,Scissors game with me!
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@vcelier ·
$0.05
I discovered Bitcoin in 2011. I bought 200 for US$1400 and I told my wife that I will become rich very fast.
She was very doubtful and she told me that I will lose my money. However, if I made at least $10,000, I would take her on a cruise. Two years later, I cashed 10 Bitcoins for $10,000.

We have not been on a cruise yet, and we will no do this soon, because of the coronavirus. I even think that we will never do it!
👍  ,
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@meesterboom ·
One day the madness will be over and the moon shall shine on our coins again. I too would like to take the good lady on a cruise.

One day!! :0)
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@xpilar ·
I recognize myself well from my first encounter with the cryptocurrency some years ago, but am actually a bit shaky now also when it comes to transfers. :)
👍  
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@meesterboom ·
$0.12
I still get the fear doing transfers. Especially if it is a big one. Always sending a small amount then fretting. It's a nerve wracking thing!
👍  
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@old-guy-photos ·
That wait tho! Still gets me worried lol.
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@meesterboom ·
It does. Your instantly think, it's never coming!
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@trendotoken ·
Congratulations @meesterboom, your post successfully recieved <b>0.05889713</b> [TRDO](https://steem-engine.com/?p=history&t=TRDO) from below listed TRENDO callers:<br>

>	<sup>@eii earned : **0.03926475** [TRDO](https://steem-engine.com/?p=history&t=TRDO) curation</sup> 

---
<sup>To view or trade TRDO go to [steem-engine.com](https://steem-engine.com/?p=market&t=TRDO)
Join [TRDO Discord Channel](https://discord.gg/wySP8T9) or Join [TRDO Web Site](http://www.trendotoken.info/)</sup>
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