Hell no bitcoin isnt secure.

The reason? Most people's computers aren't secure  

And this is the problem with bitcoin. Besides serious usability issues, your wallet is only as secure as the device/database it resides on. For the overwhelming majority of us, that's not that secure at all. Think about it; we just saw HBO and Netflix get hacked, the freaking DNC got hacked. While these are elite level hackers, the point is that this databases were protected by millions of dollars of cyber security. There is a whole department dedicated to this, and they failed.

If they can be penetrated, most things can be penetrated. Observe the highest  security protocols you can manage to maintain, and never trust an exchange for longer than you need it, on that specific trading action. You are only as strong as your weakest link. Dont let that link break and spill all your precious coins about.

updated


I have submitted the new rules to the owners; once they are approved, I will make the new thread live as promised.

Can you elaborate on this? I use ED ALOT and while it has problems with functionality, I have never even dreamed of being hacked on ED, thats pretty much the entire point of ED being a dex. When you "wrap" coins (send them into the exchange) they go into a intermediary wallet that is specifically assigned to your account. If the exchange were hacked, so to speak, it would require a compromise of the smart contract. It would take entirely too much time and resources to compromise each and every wallet holding funds. This is why ED is so ass draggingly slow; every thing you do either requires a signed message, or a pair of transactions  that will need to confirm at least once.

did they get confidence scammed? or did ED get the best of them? (its a bit of a learning curve, I will admit)

This. As a sig camp manager, you would be floored at the amount of folks on a weekly basis that have their ETH wallets compromised. In a group of 300 people, say at least 10% of those folks get hacked during the course of a 4 WEEK campaign; another 5% will change their wallet addresses due to "possible insecurity'. This is why cryptos are so attractive to scammers/hackers; its just too easy at the moment given the high numbers of novice users. This is also why crypto isnt ready for the mainstream yet. There is a reason why ach is reversible, and that is that people tend to fuck up. Given how easy it is to fuck up in a very expensive way here, we will continue to be plagued by this until crypto becomes a lot more user friendly  

But again, why would you hand your hardware wallet to anyone? You wouldnt hand your fiat wallet to a person to pay a transaction; typically people are pretty wary of folks trying to hold their wallet, be it physical or electronic.

This seems a non issue. Good practice says you shouldnt be taking your hardware wallet out of the house anyway, treat it like a vault or a safe. You would not walk into Walmart with a safe to pay your bill (although this would be hilarious). Use an intermediary wallet, something like a phone or a platform wallet , to move value like this. keep your hardware wallets physically secure as well, protect your value LOL.

I will admit that if your house gets burgled, and the thief recognizes your hardware wallet for what it is, you may have a problem. But this is a really far shot imo.

Hello Bounty Participants:
After much consideration, I have decided to split the bounty campaign into two parts, the presale and the general ICO. The original bounty campaign is now CLOSED. If you participated in the old campaign, I will release the updated sheet from the old campaign soon.

Twitter/Facebook:
It will require a few weeks to finish tallying up the 1500 plus Twitter/FB feeds. Please be patient, this will be completed in time.

Signature Campaign:
This is updated, but not released. I will release the document within a few days, once I have rechecked the posts and stakes. For those that contacted me directly with communication issues from the middle of the campaign (per OP), you have been credited.

Slack/Telegram Bounty:
If you participated in either of the channels, as per the OPs rules, you will be credited. This means simply signing up is not enough; if you actively participated on the channel, I will check and assign you credit.

Blog/Media Submissions:
These will be graded according to quality, credited and published at the same time that I release the update signature campaign results

Translations:
These will be graded and credited.

New Campaign:
I will be posting a new Bounty thread with rules for the second half of the campaign. The Translation and Slack/Telegram features will not be available in the next campaign.

This campaign is officially closed. Contact me on this thread for address edits/line corrections to the old form. I will post the link to the new thread in this thread when it is created.

Contact me via pm, or on Telegram (@onceler) if you have any questions about these changes.

Thank you.

Indeed. Some of the media submissions are in non native languages; bear with me. I assure you, if you did the work, you will be credited. BTW, if you did a thing for Jamal and you arent sure if you have been credited, please pm me here or on telegram. I will make sure your work gets compensated. I will be starting a bounty telelgram group for general questions/updates.

Thank you, everyone, for your participation and continued interest!

Yezzir  

https://www.dailystormer.com/hacked-anonymous-now-in-control-of-daily-stormer/



Well shit.

Interesting times, are these

Signature Check!

I have gone through the spreadsheet and removed participants that are no longer wearing the signature. Please remember, we cannot compensate you if you do not wear the signature for the entirety of the campaign. I will inform everyone when this is the case, PLEASE DO NOT remove your signature before this time. I sincerely appreciate your cooperation in this 

The new sheet will be released soon, but the FB and Twitter tabs will not be updated until later in the campaign. If you have posted on FB or tweeted, do not remove the posts/tweets; I will be checking each account and if they are there, you will be credited 

Thank you for your continued participation!

Well consider what you just wrote. I'm not mad at any of the atheist here that continually attack my religion. You and I disagree on a lot of shit, but I still love you. You could come stay at my crib and eat my food. You have done me no harm. Who am I to judge you for your beliefs? My Lord doesn't judge me for my sins, and I am so much less than him.

Why are we mad at those that don't agree with us? I'm usually meh. The opposite of love isn't hate, it's apathy. The things that I do not love are the things that are meaningless to me. So I always question the motivations of those that attack things that don't concern them. I have no opinion about the things I don't care about.

This boils down to faith, bro. I will never be able to explain faith in the unknown to you. It is a measure given to all men; but it withers with disuse.

Show me irrefutable proof if the not existence of God. You can't. As I would have a hard time showing you proof of the opposite.

I've never gone wacko behind defending this. Your life is your choice. Free will and such. I just want you to sit with me in Heaven, so we can talk like this whenever. Thus is the extent of my love for you popcorn, and everyone on this board, you too Moloch. The way you guys talk shows me that because of my religion, you don't have the same empathy for me. you think me a fool, despite my goodwill.

I can accept that. Its life. And it's beautiful, I wouldn't change it or any of you one single bit.

God bless all of you.

valid point, but consider this. with all the adoption, if folks were actually using btc, why hasnt the network slowed to a crawl?

people are investing into bitcoin, not actually transacting bitcoin. this is not the common public at this point; the usability of bitcoin is still too rough for widespread use. imagine if everyone had bitcoin, and how many times you see threads here screaming "got hacked!" or "got scammed!" . If the average user on here has a higher level of cyber security that the common person, this board would be bedlam with people getting robbed.

but back to the topic, viral stuff like this goes a long way. i prefer targeted ad campaigns, but the right piece of media can turn into a meme, disseminate, and become immortal. ask 4chan about pepe 

but, if you want to promote bitcoin, i guess this isnt that bad of an idea. again, the Foundation, for its own sake, really needs to prioritize public bitcoin education. but if they dont (they wont, and honestly not mad because we need to be better before we go primetime), things like sign bro will be what makes btc take off.


but why is the price 4k though??

No, and I would be disappointed if it did, thats stagnant AF. As much as I like bitcoin, there is no way it will still be here 100 years later. at least, not like this; it would be a legacy system people only used out of nostalgia. We already have better implementations of crypto in my opinion, but they simply arent as trusted as bitcoin is. primacy means something here.  look at how much progress we have made with blockchains in general. It will take a generation that grows up with the blockchain concept to foster its evolution. after that, bitcoin wont even be the coolest kid on the block anymore.

Think of it like cars. While we still have cars, many years later after their invention, no one is driving around in a Model T anymore. Bitcoin is that Model T. 

It wont be eth either. sorry fanbois...

You dont need a mentor, you have already demonstrated you are perfectly capable of teaching yourself. You need a new focus, and there is plenty of that here. You havent even scratched the surface

Learn economics beyond a novice level. this is money, and our ecosystem is a perfect example of certain economic concepts that dont have real world counterparts (deflationary currency, for example)

Learn the programmatic aspects of bitcoin. this escapes me; all that shit is pretty much black magic as far as im concerned.

Learn technical analysis as you said. To be honest it doesnt work so good here, because of the types of investor and the rampant obvious manipulation. But the longer a chart is, if a market is more of less natural, it should help in predicting trends. i promise you, there is a life time of technical analysis to learn.

Learn cryptography. That shit is so deep your mind will melt. I tried, on a quest much like yours. I think I got to salt as a concept instead of a food before I tuned out.

And finally, when you have contemplated the secrets of the bitcoin universe and have transcended...

..explain the Ethereum whitepaper to me 

Class dismissed.

We are too busy persecuting Non Christians to learn proper spelling Duh.

When I clicked on this, I thought you were going to point out How We Capitalize Everything, as Though Capitalizing A Word Increases Its Import. That shit actually cracks me up. But nah, you were just talking to dumb asses. They come in other flavors besides Christian 

Im off the train at 4k. you can pick me up at 4.2k, or leave me sitting there. it will be back, trust me.
[/quote]

Annnnd Im off. im 25% nubits/25% tether/50% coinbase usd. I have all this parked in orders that are 10% below my magical target (i would name it, but I dont want you guys to listen to my trading advice, this is just for the record). Now that Im out, I will state my mind on this.


This shit is going down.

Why are we at 4000 right now? There is no new news, no updates, no nothing. bitcoin has completely outpaced gold and I simply ask the community to ask why. I harp on gold, not because Im a gold bug but because gold is a hell of an established benchmark. if we believe in bitcoin, surely you believe in precious metal, it was the original bitcoin dammit (its deflationary properties, its trust). With something as real as gold, something man has slain his brother for since time unrecorded, why the FUCK is bitcoin multiple times its value, a thing made of secrets and information? I cant wear a bitcoin necklace; I cant put bitcoin in my catalytic converter to make my car work sparkling fresh.

People, sit down and let me rap to you.

This is a bubble. i hope im wrong, but dont let the greed blind you and harm you. Im not trying to influence anyone; while I am a shit this is not that. We are moving too fast with the price. Growth like this is unsustainable. I dont want yall to get hurt. Make a decision tonight. Hodl, and understand empirically this is the break point. or divest, and wait for a dip/crash/retraction that just may not happen. I hold for the later. time will make one of these paths a lie.

disclaimer: i will rebuy at 4200. and hodl unsteadily.

Good luck, gentle folks.

This is already the case. Its optional. Should we rename 100 dollar bills 10x10 dollar bills?


he gets it

Not trying to be a dick, but wtf is a DOTA?

I kid, but joke to illustrate my point. We need bitcoin to be advertised in mainstream venues, to actually increase public awareness. A DOTA tournament, and the folks that would watch a DOTA tournament, pretty much beyond the shadow of a doubt already know what bitcoin is. I mean, a dude held up a bitcoin sign.

We need bitcoin signs a Beyonce concerts. And NBA/NFL games. At the Grammys and Emmys. And not some hastily made school project board job; we need the Foundation to actually sponsor said advertisement, like the hilarious but sad Bitcoin Bowl. It could have worked out great, its just they didnt really try to actually market. It seems they thought people were going to be so amazed at the virtues of bitcoin they would instantly adopt, I guess.. it didnt turn out too pretty, the merchants that pledged to accept btc didnt get customers. also a flawed campaign, because duh someone that would spend bitcoin obviously knows about it.

Le sigh.

They are idiots if they pay this. Dont negotiate with terrorists dammit!

The script is already compromised. Far from a bug bounty, this is a ransom. this sets a dangerous precedent for caving in to these craven bastards, and there is no guarantee that they dont have additional stuff/ renege on the agreement. They should just take the hit and move on; this seems like a thing to do now among hacking groups, they did the same thing to OITNB. OITNB didnt respond, they just let it ride. As stated before, its not like people arent going to watch it anyway, LOL. They should spend that quarter mil on some much needed cyber security 

Nah, hes not shilling *peers at you* I cant attest to deposit withdrawal experiences like that (my issue is deposit related), but the support  s essentially dead if something like this does happen.

let me share my story. i see I must have been posting in the wrong thread before LOL. this is damn near indefensible, I want to hear the apologists spin this one:

Being Processed since 31 days 2 hours

some gems from my unreturned, numerous ticket touches (the ticket is completely unanswered):







And yet still (there are more touches than this) no one has taken the time to reply to me about my issue. ETH has gone from 300, to 200, and back to 300 in this time frame. If I knew I was actually going to get my shit back/get a response even, I would thank them for my unintentional hodl  

i was complaining in the altcoin version of this thread, im not the only one:
https://bitcointalk.org/index.php?topic=1556870.msg20308159#msg20308159

This isn't even the whole of it. The lack of liquidity due to its small total valuation (yes, this is small) makes the uneducated investors respond with more effect. Dips become dumps; natural growth gets misinterpreted and then exaggerated.  A perfect example of this is what happened with BCC as it became available after the fork. People couldn't arb because everything was janked up, so the price started varying wildly per exchange (250 on hitbtc, 700 on Bittrex).

For whales it's hard to move your position around without making the market react.

And for those that say a billion is too high to manipulate, remember, rich people can work together