Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Bit_Happy on January 17, 2015, 06:49:59 PM



Title: Two Amazing things that Cannot be Stolen.
Post by: Bit_Happy on January 17, 2015, 06:49:59 PM
1) Bitcoins:
Properly protected BTC cannot be hacked or stolen from you. It is a modern miracle and one of the most secure possessions you can ever have.

2) Genuine enthusiasm:
I arrived here (in 2011) ~1 month before the first major troll invasion. This community was a paradise of quality discussion, debates, active projects, and tons of optimism. I remember people sharing stories about lack of sleep due to wanting to read, learn, and experience the next developments in Bitcoin's exciting adventure.

Genuine enthusiasm can never be stolen from you, but too often we surrender to the general darkness which seems to be almost everywhere.

Is the future still bright?
Do you remember the last time you were really excited about the Bitcoin project?
...or anything at all?


Title: Re: Two Amazing things that Cannot be Stolen.
Post by: mayax on January 17, 2015, 06:55:14 PM
1) Bitcoins:
Properly protected BTC cannot be hacked or stolen from you. It is a modern miracle and one of the most secure possessions you can ever have.

2) Genuine enthusiasm:
I arrived here (in 2011) ~1 month before the first major troll invasion. This community was a paradise of quality discussion, debates, active projects, and tons of optimism. I remember people sharing stories about lack of sleep due to wanting to read, learn, and experience the next developments in Bitcoin's exciting adventure.

Genuine enthusiasm can never be stolen from you, but too often we surrender to the general darkness which seems to be almost everywhere.

Is the future still bright?
Do you remember the last time you were really excited about the Bitcoin project?
...or anything at all?



1. Your funds are not safe neither in "cold storage". Read:

http://www.coindesk.com/research-hackers-install-backdoor-bitcoin-cold-storage/

many of you says: "cold storage is the best". well. it is not. that explains many hacks in Bitcoin which some of the bitcoiners considered to be very safe.

2. the genuine enthusiasm is necessary when you deal with a bubble like Bitcoin..otherwise the bubble cannot grow. it will remain a little bubble :)


Title: Re: Two Amazing things that Cannot be Stolen.
Post by: newIndia on January 17, 2015, 07:25:49 PM
1) Bitcoins:
Properly protected BTC cannot be hacked or stolen from you. It is a modern miracle and one of the most secure possessions you can ever have.

2) Genuine enthusiasm:
I arrived here (in 2011) ~1 month before the first major troll invasion. This community was a paradise of quality discussion, debates, active projects, and tons of optimism. I remember people sharing stories about lack of sleep due to wanting to read, learn, and experience the next developments in Bitcoin's exciting adventure.

Genuine enthusiasm can never be stolen from you, but too often we surrender to the general darkness which seems to be almost everywhere.

Is the future still bright?
Do you remember the last time you were really excited about the Bitcoin project?
...or anything at all?



1. Your funds are not safe neither in "cold storage". Read:

http://www.coindesk.com/research-hackers-install-backdoor-bitcoin-cold-storage/

many of you says: "cold storage is the best". well. it is not. that explains many hacks in Bitcoin which some of the bitcoiners considered to be very safe.

2. the genuine enthusiasm is necessary when you deal with a bubble like Bitcoin..otherwise the bubble cannot grow. it will remain a little bubble :)

1. Do NOT misinform people with half news.

Quote
Ivan Pustogarov, a researcher at the University of Luxembourg's cryptology research group, said an attempt to smuggle compromised ECDSA code into a popular open-source wallet, for example, would be discovered by the public.

"In open-source [software] on a large scale ... The code will be analysed at some point in time and the malicious implementation detected," he said.

Unless you are carrying compromised ECDSA, which is almost impossible if you use an open source wallet like Bitcoin core, your coins are secure.

2. History has proven it multiple times...

http://alameleadership.files.wordpress.com/2012/07/al-inspiring-quote-on-the-power-of-one-idea.png


Title: Re: Two Amazing things that Cannot be Stolen.
Post by: Meuh6879 on January 17, 2015, 07:28:28 PM
...or anything at all?

year 2000 with ED2K network.

and in 2015 ?
It's the second network on the earth to transmit freely ... without any restrictions.

Yes, 15 years after ...  :o


Title: Re: Two Amazing things that Cannot be Stolen.
Post by: mayax on January 17, 2015, 07:36:37 PM
1) Bitcoins:
Properly protected BTC cannot be hacked or stolen from you. It is a modern miracle and one of the most secure possessions you can ever have.

2) Genuine enthusiasm:
I arrived here (in 2011) ~1 month before the first major troll invasion. This community was a paradise of quality discussion, debates, active projects, and tons of optimism. I remember people sharing stories about lack of sleep due to wanting to read, learn, and experience the next developments in Bitcoin's exciting adventure.

Genuine enthusiasm can never be stolen from you, but too often we surrender to the general darkness which seems to be almost everywhere.

Is the future still bright?
Do you remember the last time you were really excited about the Bitcoin project?
...or anything at all?



1. Your funds are not safe neither in "cold storage". Read:

http://www.coindesk.com/research-hackers-install-backdoor-bitcoin-cold-storage/

many of you says: "cold storage is the best". well. it is not. that explains many hacks in Bitcoin which some of the bitcoiners considered to be very safe.

2. the genuine enthusiasm is necessary when you deal with a bubble like Bitcoin..otherwise the bubble cannot grow. it will remain a little bubble :)

1. Do NOT misinform people with half news.

Quote
Ivan Pustogarov, a researcher at the University of Luxembourg's cryptology research group, said an attempt to smuggle compromised ECDSA code into a popular open-source wallet, for example, would be discovered by the public.

"In open-source [software] on a large scale ... The code will be analysed at some point in time and the malicious implementation detected," he said.

Unless you are carrying compromised ECDSA, which is almost impossible if you use an open source wallet like Bitcoin core, your coins are secure.

2. History has proven it multiple times...


1. these is the news as it is. not half : "Even if the manufacturer (https://bitcoin.org/) claims that it runs open-source code, how do you tell whether it is actually running what you compiled....... some pieces of open-source code are so large and complex that even a dedicated community of developers may not detect a malicious addition."?"    Verbücheln said.

Please read the whole demonstration carefully and with your brain not with something else :)

2. what history? bitcoin = 6 years = aprox 500.000 active users.  you're right. Bitcoin will be history soon :)


Title: Re: Two Amazing things that Cannot be Stolen.
Post by: Elwar on January 17, 2015, 07:59:33 PM
~1 month before the first major troll invasion.


1. Your funds are not safe neither in "cold storage".
2. trolling trolling trolling bubble like Bitcoin..otherwise the bubble cannot grow. it will remain a little bubble..troll troll troll

lol...irony much?


Title: Re: Two Amazing things that Cannot be Stolen.
Post by: mayax on January 17, 2015, 08:02:37 PM
~1 month before the first major troll invasion.


1. Your funds are not safe neither in "cold storage".
2. trolling trolling trolling bubble like Bitcoin..otherwise the bubble cannot grow. it will remain a little bubble..troll troll troll

lol...irony much?

be honest. Did you use linden dollars as well ? I think you are one of those who spend fortunes in "Second Life" :)


Title: Re: Two Amazing things that Cannot be Stolen.
Post by: grendel25 on January 17, 2015, 08:22:29 PM
"properly protected"  lol... anything that's properly protected can still be stolen.  A hand gun and a little patience has been proven to break many forms of security.

I guess I just thought I was genuinely enthusiastic all those times I struck out at the club.  ha!


Title: Re: Two Amazing things that Cannot be Stolen.
Post by: AgentofCoin on January 17, 2015, 08:24:25 PM
1) Bitcoins:
Properly protected BTC cannot be hacked or stolen from you. It is a modern miracle and one of the most secure possessions you can ever have.

2) Genuine enthusiasm:
I arrived here (in 2011) ~1 month before the first major troll invasion. This community was a paradise of quality discussion, debates, active projects, and tons of optimism. I remember people sharing stories about lack of sleep due to wanting to read, learn, and experience the next developments in Bitcoin's exciting adventure.

Genuine enthusiasm can never be stolen from you, but too often we surrender to the general darkness which seems to be almost everywhere.

Is the future still bright?
Do you remember the last time you were really excited about the Bitcoin project?
...or anything at all?



1. Your funds are not safe neither in "cold storage". Read:

http://www.coindesk.com/research-hackers-install-backdoor-bitcoin-cold-storage/

many of you says: "cold storage is the best". well. it is not. that explains many hacks in Bitcoin which some of the bitcoiners considered to be very safe.

2. the genuine enthusiasm is necessary when you deal with a bubble like Bitcoin..otherwise the bubble cannot grow. it will remain a little bubble :)

Mayax,
Can you do me a favor and provide information related to "many hacks in Bitcoin which some of the bitcoiners considered to be very safe", that were held in cold storage?
I'm not interested in hot wallet addresses that were compromised by hacks into their computer/server systems.
I'm interested in known bitcoin losses that were held in cold storage addresses.
Links to articles or stories would be appreciated.
Thank you.

-AgentofCoin




Title: Re: Two Amazing things that Cannot be Stolen.
Post by: Elwar on January 17, 2015, 08:33:50 PM
~1 month before the first major troll invasion.


1. Your funds are not safe neither in "cold storage".
2. trolling trolling trolling bubble like Bitcoin..otherwise the bubble cannot grow. it will remain a little bubble..troll troll troll

lol...irony much?

be honest. Did you use linden dollars as well ? I think you are one of those who spend fortunes in "Second Life" :)

When I first read about Linden dollars and Second Life I read about how the dollars were distributed. I saw that it was issued by a central entity. The article I read said the rate was just over 1 Linden per dollar (or whatever ratio it was), so I did a quick search for the conversion since the article was older. The rate was 2 Linden per dollar. I could see where that was going. No need to touch a currency that could be issued by a central authority at its own whims. Never played the game but did have a job interview from a company that wanted me to develop for them.


Title: Re: Two Amazing things that Cannot be Stolen.
Post by: Melbustus on January 17, 2015, 08:43:28 PM
1) Bitcoins:
Properly protected BTC cannot be hacked or stolen from you. It is a modern miracle and one of the most secure possessions you can ever have.

2) Genuine enthusiasm:
I arrived here (in 2011) ~1 month before the first major troll invasion. This community was a paradise of quality discussion, debates, active projects, and tons of optimism. I remember people sharing stories about lack of sleep due to wanting to read, learn, and experience the next developments in Bitcoin's exciting adventure.

Genuine enthusiasm can never be stolen from you, but too often we surrender to the general darkness which seems to be almost everywhere.

Is the future still bright?
Do you remember the last time you were really excited about the Bitcoin project?
...or anything at all?



+1 on both counts.

Although I arrived during that "first troll wave" :) Actually, many of us from that boom couldn't stop devouring bitcoin-related material (similar to the stories Roger and Andreas tell about their first weeks/months).

Been 3.5yrs for me, and I haven't stopped. Bitcoin is such a complex, deep, and multi-disciplinary topic that it's difficult not to keep thinking about it.