blacksails
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May 02, 2014, 08:07:29 AM |
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Is coinbase really insecure? I use authenticate for iPhone and have a good pass but was wondering if I should keep coins on there
You should avoid online wallets where you are not the only one in control of the private keys. You better go for a lightweight client!
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Zebra
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May 02, 2014, 09:40:58 AM |
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Is coinbase really insecure? I use authenticate for iPhone and have a good pass but was wondering if I should keep coins on there
You should avoid online wallets where you are not the only one in control of the private keys. You better go for a lightweight client! Indeed if you use coinbase as an online wallets, you have absolutely no control in private keys.
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Light
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May 02, 2014, 10:20:55 AM |
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Keep only minimal amounts that you can afford to lose on something like coinbase or blockchain. Personally, I would strongly advise you guys look into 2FA - while a good pass is generally good enough if you don't want to lose coins having 2FA is a good way to bulletproof you against possible idiotic mistakes on you're end or server side security holes.
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eCashOne
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May 02, 2014, 11:05:53 AM |
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Use cold storage for your big bucks, only keep small amounts with online wallets to spend.
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Zebra
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May 02, 2014, 11:13:33 AM |
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Use cold storage for your big bucks, only keep small amounts with online wallets to spend.
This. Just like you put your most valuable stuff in a safebox and only put hundreds bucks in your wallet, you should put 95% of your bitcoin in an offline wallet or paper wallet, and put 5% in another wallet that you need to move frequently.
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gagalady
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May 02, 2014, 11:33:09 AM |
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Yes so basically you need to have unique password for every registration , i agree with this you just have to have a safe place for all your passwords. Probably not on your computer.
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pinksheep
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May 02, 2014, 12:59:45 PM |
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Just like you put your most valuable stuff in a safebox and only put hundreds bucks in your wallet, you should put 95% of your bitcoin in an offline wallet or paper wallet, and put 5% in another wallet that you need to move frequently. [/quote] Unless you're going to be spending them soon or intend to trade, put them into a paper wallet as soon as possible. I bought a cheap tablet which has never, or will never, be connected to the internet to generate my addresses & then moved my BTC into them. They'll only be coming out again when we hit $50K ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
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BunsenBurner
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May 03, 2014, 04:23:27 AM |
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I survived inputs.io hack, mtgox and now coinbase. (my loss less than 10% of my holdings) Here is what i do to secure an account:
I use just a complex password. no app, no 2FA, no nothing My email address cannot be hacked using forgot my password. (even i don't remember that) make sure u get into the real site don't use same username or password for a trusted site and an untrusted site use different complex password for email and other important accounts passwords may be similar to you but inguessable for a hacker
Split your btc among different services. On top of that, you need to be careful with malware like this. http://www.coindesk.com/chrome-extension-could-vulnerable-malware/
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edutBTC
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May 03, 2014, 05:11:08 PM |
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Use cold storage for your big bucks, only keep small amounts with online wallets to spend.
it's better to avoid to get too large amount of btc
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SwissHash
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May 03, 2014, 06:13:39 PM |
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... 2fa works fine ...
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Pony789
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May 03, 2014, 07:23:24 PM |
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Use cold storage for your big bucks, only keep small amounts with online wallets to spend.
it's better to avoid to get too large amount of btc We got a non-believer here, JK ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) It is okay to hold loads of btc as long as you are storing it securely, but of course don't put all your money into just one single investment at any time. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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SwissHash
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May 03, 2014, 07:31:40 PM |
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Use cold storage for your big bucks, only keep small amounts with online wallets to spend.
it's better to avoid to get too large amount of btc We got a non-believer here, JK ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) It is okay to hold loads of btc as long as you are storing it securely, but of course don't put all your money into just one single investment at any time. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) split it on different adresses ^^ is probably a good way to secure it ..
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lynsela
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May 05, 2014, 12:44:38 AM |
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thanks for the very informative tip.
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tspacepilot
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I may write code in exchange for bitcoins.
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May 05, 2014, 05:48:33 AM |
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Did something happen to coinbase? I kinda figured they were next but I hadn't heard of any trouble yet. Perhaps OP was just making a prediction.
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PerrythePlatypus
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May 05, 2014, 01:33:21 PM |
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Did something happen to coinbase? I kinda figured they were next but I hadn't heard of any trouble yet. Perhaps OP was just making a prediction.
In my opinion, no. Since coinbase is pretty transparent and are even more secure than average exchanges. Considering that they have done an audit before.
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blacksails
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May 05, 2014, 04:54:29 PM |
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Did something happen to coinbase? I kinda figured they were next but I hadn't heard of any trouble yet. Perhaps OP was just making a prediction.
No, no one lost any money, but I think there was a leak of user information (like names and stuff). But no site is completely safe, so I would not hold any big money there anyway!
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h4shp1p3
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May 05, 2014, 07:13:03 PM |
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awesome thanks.
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littlebox
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May 05, 2014, 08:25:32 PM |
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Thanks for the advice dude
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crowddice.com shutdown, PM me to get your funds back
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