Bitcoin Forum

Economy => Trading Discussion => Topic started by: mark_logan on April 23, 2012, 03:27:27 AM



Title: Flexcoin Payouts.
Post by: mark_logan on April 23, 2012, 03:27:27 AM
Flexcoin clientele may have noticed that they didn't get their monthly payout for the month of March, on April first. Rest assured that we still have all the coins. A bug was discovered in the payout system which caused the payouts not to go out. On the first of May 2012, Flexcoin will issue a payout for the two months prior. Regular Flexcoin payments will resume June 1st 2012.

We apologize for any inconvenience.


Title: Re: Flexcoin Payouts.
Post by: adamstgBit on April 23, 2012, 04:16:44 AM
is Flexcoin a safe way to hold bitcoin?


Title: Re: Flexcoin Payouts.
Post by: kangasbros on April 23, 2012, 07:16:31 AM
is Flexcoin a safe way to hold bitcoin?

Probably as safe as every other web-based wallet: you are trusting the site owner, and the security he/she can provide. And also he/she can run anytime with your money.


Title: Re: Flexcoin Payouts.
Post by: R- on April 23, 2012, 07:25:38 AM
is Flexcoin a safe way to hold bitcoin?

Probably as safe as every other web-based wallet: you are trusting the site owner, and the security he/she can provide. And also he/she can run anytime with your money.

IMO a little less safe. With Blockchain.info, Ben doesn't have access to your funds afaik.


Title: Re: Flexcoin Payouts.
Post by: mark_logan on April 23, 2012, 01:54:53 PM
Quote
is Flexcoin a safe way to hold bitcoin?
Flexcoin is as safe as we can make it. We're constantly auditing code and looking for holes.

Quote
Probably as safe as every other web-based wallet: you are trusting the site owner, and the security he/she can provide. And also he/she can run anytime with your money.
True, and this is the same argument I faced over and over by the pitchfork wielding masses when I took over Flexcoin last month. I'm not going anywhere.

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IMO a little less safe. With Blockchain.info, Ben doesn't have access to your funds afaik.
As far as you know? I'll tell you straight out that Flexcoin has access to your coins.