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Author Topic: This is why you enable 2FA.  (Read 2807 times)
MingLee
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May 01, 2016, 12:32:36 AM
 #41

2FA should just be default on any sort of account that is used to access financial assets. It can be a pain in the ass, sure, but I'd much prefer it to be more prevalent.
I agree wholeheartedly. Finances aren't something that people should take lightly, and when it comes to online banking in this world, you have to realize people are out there to take all your money and all security measures need to be taken.
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May 01, 2016, 01:03:37 AM
 #42

I think its all the same because many people can bypass the 2fa, 2fa is useless if your gmail account is being hack...
Obviously, first stop where you set-up 2FA is your GMail (or other mailbox) registered with all important services.
You are free to have your opinion, but making a point against having everything locked with an extra key, with assumption that all those extra keys are going to be kept "under the door mat" is... pointless.
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May 01, 2016, 01:50:01 AM
 #43

It is true that enable 2FA is the solution to prevent loss/hacking the funds we have diinternet, but sometimes has a way of hackers breaking into your 2FA can, so if you don't want to lose your funds, you should use wallet offline to menyimpana your investment funds or to keep some funds into your Wallet offline, so if later the unwanted things happened you still have a portion of those funds.
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May 01, 2016, 02:27:08 AM
 #44

2FA should just be default on any sort of account that is used to access financial assets. It can be a pain in the ass, sure, but I'd much prefer it to be more prevalent.
2fa is useless if your gmail account is being hacked Shocked
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May 01, 2016, 02:41:10 AM
 #45

good advice. I also use 2fa. even it a little bit makes a fuse for me, but it's usefull to protect my bitcoin. so I don't have to concern about the security of my bitcoin. it's save.

that's right, exactly, use it before you get hacked.

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May 01, 2016, 03:24:34 AM
 #46

this is why you move your funds to a more secure wallet as in cold storage and only keep a very small amount in your hot wallet. keeping funds in an online wallet is exactly like keeping cash on your desk and have your desk accessible to millions of hackersrobbers by placing it in the middle of street!

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May 01, 2016, 03:32:06 AM
 #47

Personally I don't have 2FA enabled anywhere on my accounts because it's just a hassle for me and it slows down logging into websites. I am using a password manager like LastPass and have replaced all my passwords with very difficult to crack ones and I have been like this for almost 2 years now and haven't had any issues. But I don't leave my laptop unsupervised anyways so no one has physical access to it to alter things. But if someone tried all the data is password protected and encrypted within the password manager so let them try  Wink
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May 01, 2016, 03:37:29 AM
 #48

I will never enable 2FA. What happens if for some reason I lost my phone, it is stolen, or I lost my number by any reason?! I can imagine it can bring you many troubles.

You just need to follow simple security rules to keep your accounts safe. It is not rocket science.

Better safe than sorry!

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Boosterious
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May 01, 2016, 03:44:19 AM
 #49

2FA should just be default on any sort of account that is used to access financial assets. It can be a pain in the ass, sure, but I'd much prefer it to be more prevalent.
2fa is useless if your gmail account is being hacked Shocked
its why you also need 2FA in your google account,its important for every account,not just for wallet account. the only way to hack this security is by phising and lost the device,but its a small chance to happen.

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May 01, 2016, 03:51:38 AM
 #50

I will never enable 2FA. What happens if for some reason I lost my phone, it is stolen, or I lost my number by any reason?! I can imagine it can bring you many troubles.

You just need to follow simple security rules to keep your accounts safe. It is not rocket science.

Better safe than sorry!

The sites offering 2FA also offer a secret key. Open your eyes, save that and your 2FA is safe even if you lose your phone.

Of course, you can do it your way, which is good until proven otherwise.

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May 01, 2016, 04:05:59 AM
 #51

I will never enable 2FA. What happens if for some reason I lost my phone, it is stolen, or I lost my number by any reason?! I can imagine it can bring you many troubles.

there are a lot of ways to recover your funds. you can export your wallet or private keys in form of paper wallet to have them in case you lost your 2FA, password, ... and got locked out of your BC.I account (may be different in other wallets). so you can import them into another wallet core, electrum,... and use the coins.

also if you look around in all those services there is a reset 2FA or recover account option
example: https://blockchain.info/wallet/reset-two-factor

Quote
You just need to follow simple security rules to keep your accounts safe. It is not rocket science.

no argument there!

Quote
Better safe than sorry!

to be safe means looking around and enabling 2FA not ignoring it because you "think" you lose access if you lose your phone.

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manav1112
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May 01, 2016, 04:29:25 AM
 #52

as long as you have the secret backed up, using 2FA should never be a problem
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May 01, 2016, 04:55:28 AM
 #53

Two Factor Authentication is there for security. This is what happens when you don't take advantage of the service they are providing in the expense of ease. This might've been a lesson for you, learned in a hard way. I always enable 2fa in almost every account I have if possible to prevent hacking potential.
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May 01, 2016, 05:08:58 AM
 #54

Two Factor Authentication is there for security. This is what happens when you don't take advantage of the service they are providing in the expense of ease. This might've been a lesson for you, learned in a hard way. I always enable 2fa in almost every account I have if possible to prevent hacking potential.

you should really try and read what OP says before posting, he said he had 2FA enabled and that is why he didn't lose anything at all despite the fact that all his passwords were compromised. and that is the power of 2FA which almost all the services are offering these days to prevent hacks.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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May 01, 2016, 08:17:48 AM
 #55

2FA should just be default on any sort of account that is used to access financial assets. It can be a pain in the ass, sure, but I'd much prefer it to be more prevalent.

Yes this should be a common practice to enable 2FA for accounts it's available on as it will be quite the hurdle to overcome for any hacker who is trying to get to your financial data. I am using 2FA also on all of my email accounts as well because this is usually the first point of attack before going for your money.

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May 01, 2016, 09:18:39 AM
Last edit: May 01, 2016, 10:19:59 AM by jacobmayes94
 #56

I actually set up my authencator keys on two separate phones, I have 1 business phone and my usual phone, both encrypted and I also keep a print out of the 2FA keys stored safe. So loosing my phone wouldn't make things that difficult.

I think with 2FA that not enabling it when it comes to money is asking for trouble; the trezors are very very good though when it comes to a security layer.

A few seconds logging in? when you have money or time or data involved, whats the problem. Saved me a ballache at best, lost money at worst.

To those who don't enable it, it kept my coins (minus trezor coins which are protected by their nature as long as you ensure the sending wallet matches where you want to go on the trezor display) safe. The coinbase multisig vault also times withdrawals.

I second the email account, sometimes I can be a bit annoying having to get it if my phone is out of reach, but especially after this I know my decision to enable 2FA among other security measures was the right one, I have never had such an attack in years of sharing my PC and using it myself,

If posting this leads to even a SINGLE attempt to steal coins stopped, then I did my task right.

Jacob

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May 01, 2016, 09:21:34 AM
 #57

No matter how many layers of security one will implement there's always one thing that needs to be taken into account which is, as we said earlier, the "human user" problem: technology is pretty good but we are the unsolvable problem!
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September 10, 2016, 11:47:56 AM
 #58

Hello all,


Check out vTorrent client if anybody still looking for 2FA for Bitcoin-QT.

https://github.com/vtorrent/vTorrent-Client/releases/tag/0.8.1



Regards,

vTorrent
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September 10, 2016, 12:41:08 PM
 #59

Two Factor Authentication is there for security. This is what happens when you don't take advantage of the service they are providing in the expense of ease. This might've been a lesson for you, learned in a hard way. I always enable 2fa in almost every account I have if possible to prevent hacking potential.

you should really try and read what OP says before posting, he said he had 2FA enabled and that is why he didn't lose anything at all despite the fact that all his passwords were compromised. and that is the power of 2FA which almost all the services are offering these days to prevent hacks.
I can say that most of people are lack of knowledge about 2FA so they don't enable this feature and the rest just worried to use it because they think that once they lost the 2FA key they will losing their precious even it's really wrong,but 2FA still rarely available for some site,especially a site that's not related about money even it's important enough

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September 10, 2016, 01:05:35 PM
 #60

Two Factor Authentication is there for security. This is what happens when you don't take advantage of the service they are providing in the expense of ease. This might've been a lesson for you, learned in a hard way. I always enable 2fa in almost every account I have if possible to prevent hacking potential.

you should really try and read what OP says before posting, he said he had 2FA enabled and that is why he didn't lose anything at all despite the fact that all his passwords were compromised. and that is the power of 2FA which almost all the services are offering these days to prevent hacks.
I can say that most of people are lack of knowledge about 2FA so they don't enable this feature and the rest just worried to use it because they think that once they lost the 2FA key they will losing their precious even it's really wrong,but 2FA still rarely available for some site,especially a site that's not related about money even it's important enough

I think it's not just because of that, using 2FA is needed an extra work because we have to check our phone first before doing anything with the wallet. And for most people, this thing is inconvenient because they think they're just too lazy to do it even tho it's very important to them.

faucet used to be profitable
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