AGREED.  Who the hell uses a hot wallet these days?  It's a recipe for disaster.

DarkLeaks is a FANTASTIC IDEA .. beautiful application of the blockchain. Thumbs up to the devs!

lol OP you have no idea .. bitcoin already frees 1000s of people from paying taxes.

I agree with this .. use an exchange to buy or sell Bitcoins but do NOT hold Bitcoins at an exchange permanently.

I don't even recommend to my own users that they hold bitcoins at my exchanges .. just buy/sell and withdraw to an offline wallet.

I've been warning people about CaVirtex for a long, long time.  This is good news :-)  It was the worst exchange in Canada

First, exchanges are stupid and many still store funds in bitcoin wallet on the server (wallet.dat).  Bad idea.  If you do that, you will get hacked NO MATTER WHAT and lose all customer funds. It's GUARANTEED.

Second, many of these exchanges simply steal the money and blame hackers. 

Wow, this is such GOOD NEWS!

I hated CaVirtex from the start. They stole 8.932010 btc from me on August 12, 2014 and blamed it on hackers.

THEN they admitted it wasn't hackers, but they needed me to fax them ID, PASSPORT, and BANK STATEMENT to release my funds.

What FUCKERS .. glad they are FINISHED

Geocaching: Put the coins on multiple truecrypted flash drives, then bury them in different locations in the woods.

NOTHING else is secure, period. Forget all this multi-sig bullshit when it comes to longterm storage ..

thumbs up for kim dot com .. I like his ideas

Only an IDIOTIC exchange would store bitcoin the server where hackers can get to it. So either this exchange was:

A. Extremely stupid or
B. Scam

What do you think?

Doh. They're paying interest, so OF COURSE its a ponzi!

I think porn and gambling would be fantastic niches for Bitcoin payment processing to totally dominate .. not all porn sites are going to like btc though, because many sites use 'cross sells' and rebilling to scam customers with extra credit card charges, something they can't do with bitcoin

ISIS does NOT need Bitcoins man .. they got OIL.  Lots and lots of oil ..

I don't think it's going to happen .. the jihadis use hawalla to move money, which is much more effective than Bitcoin.  There is not enough of a cash market for BTC in the middle east to enable them to sell it for cash.  I honestly don't see it happening anytime soon ..

the feds need a conviction to scare other people on localbitcoins to stop selling/buying btc .. if they can drive buyers and sellers to the big exchanges like coinbase they can totally regulate bitcoin, which is of course their goal

Girls definitely do NOT use Bitcoin in general .. although I've met a few crypto chicks, they are very rare.

Satoshi is either dead, lost his bitocin, or doesn't care about the crypto anymore .. either way, he's out of the picture

I don't think he had anyone killed or even tried to.  It was just a smear campaign to influence the jury, obviously.

Yes, obviously!  I'm off to smoke a joint right now folks ...

I think the nation-state will simply end Bitcoin if cryptocurrency becomes too much of a threat to the central banks.  They can easily regulate it out of existence, or simply ban it outright and impose absurd penalties for holding BTC.