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1  Other / Beginners & Help / Blockchain on: June 13, 2014, 02:46:47 AM
Is there a way to withdraw your coins from blockchain? I signed up with coinbase and they gave me the long password that begins with a 1. When I had did the faucets every hour and every 30 minutes it showed up in blockchain. The reason why I know is because I went to microwallet.org and clicked on a transaction and it directed me to blockchain. I never signed up with blockchain. The activity that I see in blockchain is not in my coinbase account. Coinbase doesn't show me all the activity that I see. I don't understand it. Coinbase is saying that I have 46 cents in it, but I see a different figure in a green colored box and its way more than 46 cents. I don't get it.
2  Other / Beginners & Help / Re: I'm very new on: June 08, 2014, 12:12:07 PM
Hi Sydboy. I was trying to say if I didn't activate the 2fa would an online wallet work better in its place? If yes, do you have an online wallet for security? Which one do you like?
3  Other / Beginners & Help / Re: I'm very new on: June 08, 2014, 12:05:54 PM
Hi Shorena. You stated that "your wallet is your bank and you don't need a debit card". "You can  pay directly with your wallet". Well, I was trying to transfer the bitcoins to my bank, then withdraw it in the form of USD with my debit card that my bank gave me. Am I making sense? I hope I'm conveying this correctly. I don't understand what you meant by you can pay directly with your wallet?
4  Other / Beginners & Help / Re: I'm very new on: June 07, 2014, 06:08:18 PM
Can anyone tell me if another online wallet work just as well as the 2-factor authenticator or is offline storage better? And what's the best debit card to withdraw funds from your bank?
5  Other / Beginners & Help / Re: I'm very new on: June 07, 2014, 05:19:56 PM
Thank you all for your comments
6  Other / Beginners & Help / I'm very new on: June 07, 2014, 02:15:42 PM
A friend of mine told me about bitcoins back in March of this year. He showed me how to set up an account on coinbase. He also gave me a few websites on how to earn bitcoins. I went on several websites to earn satoshis every hour or every 30 minutes. Well I did this for several days to earn some bitcoins. Well, I wanted to check to see how much I've accumulated. I looked in my microwallet and found that 3 transactions have taken place. I didn't know you had to protect your bitcoins. The person that helped me set this up didn't tell me that I had to do that. I sent several screenshots to coinbase of what I saw. The rep told me that he couldn't open the documents from my email and I should send it in a png or a jpg. How do I send my account in one of those so that they can get to the bottom of this?

       Is it too late to set up a 2 authenticator on my account or do I need to start all over with a new account? I've been searching the internet and came across this.

Bitcoin Cold Storage
... using online Bitcoin wallets can be very dangerous ...
HACKING
Bitcoin websites receive tremendous attention from hackers because of the relative untraceability of Bitcoin. Some of the best, most talented, most aggressive hackers in the world have set their sights on Bitcoin services. Google 'Bitcoin website hacked' and you will find hundreds of horror stories of websites being hacked, wallets being stolen, and customer funds disappearing into a black hole. Even the largest Bitcoin exchange, Mt Gox, has been hacked numerous times, with millions of dollars stolen. Storing Bitcoin online can be very dangerous if you choose the wrong online wallet. Most Bitcoin exchanges and websites maintain what is known as a 'hot wallet' directly on the server. This enables you to deposit and withdraw almost instantly, but if the server is hacked, well, your money is gone!
THEFT
Another risk to Bitcoin holders is simple theft by the website owner. Bitcoin itself is decentralized, but an online wallet is centralized - the single point of failure is the owner of the website. The owner may simply run off with your money, and there is little you can do to recover your funds. Or the owner may be arrested, as in the case of Ross Ulbricht (aka the Dread Pirate Roberts), who was hauled off to jail for running Silk Road. Either way, you will lose your Bitcoin.
HOW WE KEEP YOUR BITCOIN SAFE
First, all BitPlastic funds are held in cold storage. Funds are sent immediately from the online hot wallet directly to an offline cold storage wallet when you deposit Bitcoin. Even if the server is hacked, or seized, your money is 100% safe. Deposits still credit within an hour, but withdrawals are processed manually, meaning they can take up to 12hrs (though usually much sooner). We also use 2FA (two-factor email authentication) and often send you a manual email confirmation for large withdrawals to ensure your account was not accessed without your knowledge.
As for the risk of BitPlastic simply disappearing with your money, that's not very likely! We make enough money on fees that it would be silly, and in fact downright stupid, to abscond with client funds. Furthermore, BitPlastic is owned by Dr. Michael Moriarty, who also owns a huge network of Bitcoin websites, such as BitLaunder.com, BitSweeps.com, BitListing.com, BitBing.com, TheBitcoinEscrow.com, BitArmored.com, and many more. Reputation is key in the Bitcoin world, and it would not be in Dr. Moriarty's economic interest to steal client funds.
If you have any questions about our security or privacy policies, feel free to email support@BitPlastic.com
It's a dangerous world out there. Stay safe.
BitPlastic.com
The Staff
The websites that I've been earning the satoshis on how would I know that those sites are legitimate? Should the first thing I do is set up the 2 authenticator, then look into something called electrum, armory, or multibit? Can any of you tell me what works best for you? There's so many options out there. Now when I get that all set up, once the bitcoins are in coinbase and I want to deposit it to my bank is that known as purchasing or selling bitcoins to my bank? What's the best debit card out there to withdraw funds from my bank? I found something on the web called Cryptex card. Does anyone owns this card and do you like it? Thank you all for your comments.

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