Bitcoin Forum
May 21, 2019, 05:59:15 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 »
  Print  
Author Topic: [CLOSED] CoinLenders  (Read 226107 times)
TradeFortress 🏕
VIP
Legendary
*
Offline Offline

Activity: 1148
Merit: 1023


View Profile
May 23, 2013, 06:03:25 AM
 #241

Interest is compound, you get the lump sum. The satoshis rolling in are an interpolation of the compound interest.
1558418355
Hero Member
*
Offline Offline

Posts: 1558418355

View Profile Personal Message (Offline)

Ignore
1558418355
Reply with quote  #2

1558418355
Report to moderator
BITDEER BTC/BCH ETH LTC ZEC DASH START MINING BTC NOW
WITH NEW GENERATION S17 ANTMINER!
Highly Reduced Electricity Fee $0.067/T/DAY! GET STARTED
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1558418355
Hero Member
*
Offline Offline

Posts: 1558418355

View Profile Personal Message (Offline)

Ignore
1558418355
Reply with quote  #2

1558418355
Report to moderator
bradyon
Full Member
***
Offline Offline

Activity: 172
Merit: 100


TradeFortress has to pay his debitors


View Profile
May 23, 2013, 07:03:18 AM
 #242

Hello, I recently began to use Coinlenders to get interest from my bitcoins.

For the moment my balance keeps increasing slowly. I hope not to wait too long when I finally will decide to withdraw.

Now, this service seems quite good for me.

Thanks, TradeFortress and keep in touch!
theGECK
Sr. Member
****
Offline Offline

Activity: 411
Merit: 250



View Profile
May 23, 2013, 12:45:52 PM
 #243

Number one on that list is trust. How can I trust putting 10 BTC(a decent sum of money) into CoinLenders if the website looks like it was built in 15 minutes? The choice is not rational or thought out, its automatic.

You shouldnt decide whether you trust someone enough to trade with them/lend to them based on the design of their website.

You really shouldn't, but psychologically we do.

It happens in movies all the time--the protagonist refuses help from a scraggly, "scary" looking man, and goes with the young charmer. Who turns out to be a con artist or ax murderer. And scraggly man comes to the rescue!

Of course you can choose to override your instincts and not be swayed by looks. But most people don't because they've never thought about it.

Craigslist makes money and looks horrible. Also, this article (will update with link when I can find it again) says that the reason scammy websites work so well is because people are more willing to pay a person if the website doesn't look so professionally done. A huge 25 page wall of text with different color fonts to show emphasis shows a personal side and frequently increases sales because it takes the people out of "dealing with a slick company" mode and puts them into "dealing with guy down the street" mode.

With all that said, coinlenders is designed fine, does what it needs to do, and gets out of the way. I'd like to see some things changed, like the ability to hit "enter" after plugging in the CAPTCHA instead of clicking the button, and a way to see the interest payments on the CD instead of just the lump sum amount it's currently valued at, but overall I'm happy. Don't spend too much time designing, I've watched too many people fall into that trap and lose their shirts (and houses, and sometimes families).

Use my referral codes for Bitcoin faucets and I'll send you 25% of my referral bonus - Win/Win! PM for details on all sites available or use one of the links here.

FreeBitco.in | FreeDoge.co.in
Birdy
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
May 23, 2013, 12:51:37 PM
 #244

Also if you build a design from scratch you are more likely to leave it vulnerable.
I prefer a secure website over a fancy designed website.
stenkross
Sr. Member
****
Offline Offline

Activity: 330
Merit: 250



View Profile
May 23, 2013, 12:54:47 PM
 #245

I'd like to see some things changed, like the ability to hit "enter" after plugging in the CAPTCHA instead of clicking the button

+1
ffcitatos
Member
**
Offline Offline

Activity: 71
Merit: 10


View Profile
May 23, 2013, 01:27:37 PM
 #246

When it comes to discussing the website, I would like to (annoyingly) point out, that HTTPS should be the first priority Smiley
BigBitz
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500



View Profile
May 23, 2013, 01:30:01 PM
 #247

When it comes to discussing the website, I would like to (annoyingly) point out, that HTTPS should be the first priority Smiley
Why?

If I remember rightly it uses a client side Java environment which populates / fuels the pages so the likelyhood of HTTPS representing any additional value to security are................................

Tips BTC --> 1BS2sYvy3T1cpNhie6CVFMcUrHa84a8mPa <-- Thanks! || Tips [LTC] --> LaytYJNCha7z7zcws5a2o2GWWjvWfDCGkr <--
btcminer021
Member
**
Offline Offline

Activity: 98
Merit: 10


Mine hard!


View Profile
May 23, 2013, 02:31:40 PM
 #248

Got my first interest payment today and i'm loving the site and the concept. If i were to add something it would be i tiny bit of transparency, so the overall health of the business was visible.

Im not sure how this would be done, but i loved the report style from BTCInvest. It would make me feel safer, regarding depositing larger amounts of BTC.

+1 for the transparency. I'd like to see who the loans were sent to, the address, amount, etc.

Would like to have SSL and clean back-end (lender/borrower dashboard?) with pretty graphs showing where my money is now Smiley

▲▼▲▼▲▼▲▼  No.1 Bitcoin Binary Options and Double Dice  ▲▼▲▼▲▼▲▼
████████████████████████████████  sec◔nds trade  ████████████████████████████████
↑↓ Instant Bets ↑↓ Flexible 1~720 minutes Expiry time ↑↓ Highest Reward 190% ↑↓ 16 Assets [btc, forex, gold, 1% edge double dice] ↑↓
The 4ner
aka newbitcoinqtuser
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500


R.I.P Silk Road 1.0


View Profile
May 23, 2013, 02:39:37 PM
 #249

Got my first interest payment today and i'm loving the site and the concept. If i were to add something it would be i tiny bit of transparency, so the overall health of the business was visible.

Im not sure how this would be done, but i loved the report style from BTCInvest. It would make me feel safer, regarding depositing larger amounts of BTC.

+1 for the transparency. I'd like to see who the loans were sent to, the address, amount, etc.

Would like to have SSL and clean back-end (lender/borrower dashboard?) with pretty graphs showing where my money is now Smiley

+1 For transparency as well. I feel restricted to certain detail that I should know. If possible this feature should be added and would definitely boom business.
Ranplan
Newbie
*
Offline Offline

Activity: 41
Merit: 0


View Profile
May 23, 2013, 03:17:48 PM
 #250

Agreed with collegues about transparency.
ffcitatos
Member
**
Offline Offline

Activity: 71
Merit: 10


View Profile
May 23, 2013, 05:57:04 PM
 #251

When it comes to discussing the website, I would like to (annoyingly) point out, that HTTPS should be the first priority Smiley
Why?

If I remember rightly it uses a client side Java environment which populates / fuels the pages so the likelyhood of HTTPS representing any additional value to security are................................
Well, some man-in-the-middle can still be done. The attacker cannot get your password, but they can change the site ever so slightly, e.g. the deposit address, and then it is already unpleasant. Disclamer: I am not using coinlender services, so it could be that some sort of MIM protection is already in place.
TradeFortress 🏕
VIP
Legendary
*
Offline Offline

Activity: 1148
Merit: 1023


View Profile
May 24, 2013, 12:05:58 AM
Last edit: May 24, 2013, 12:41:18 AM by TradeFortress
 #252

To prevent MITM attacks against deposit addresses, we now sign a message containing a user's deposit address and their username. The bitcoin address used for signing is 1PVmqfC7GcpPVg5jTTGHuv49EwAB8tEqwM

You can verify that your deposit address has not being tampered with by verifying the signed message.

Please quote this post.

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256

The Bitcoin signing address for CoinLenders is 1PVmqfC7GcpPVg5jTTGHuv49EwAB8tEqwM - it is exposed on server 1.

-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.11 (GNU/Linux)

iF4EAREIAAYFAlGetscACgkQx0EjQi5nw9+3IAD8Dbb5RduIWQtP8oA3120T1h09
kLhAwYD+AoDCZZkpomoA/1JyERMjWVtjsbB3aqEa/ilqExQ5PSocAwyJfk6ZawFf
=K4QJ
-----END PGP SIGNATURE-----
Birdy
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
May 24, 2013, 12:35:28 AM
Last edit: May 24, 2013, 09:38:24 AM by Birdy
 #253

To prevent MITM attacks against deposit addresses, we now sign a message containing a user's deposit address and their username. The bitcoin address used for signing is 1PVmqfC7GcpPVg5jTTGHuv49EwAB8tEqwM

You can verify that your deposit address has not being tampered with by verifying the signed message.

Please quote this post.

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256

The Bitcoin signing address for CoinLenders is 1PVmqfC7GcpPVg5jTTGHuv49EwAB8tEqwM - it is exposed on server 1.

-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.11 (GNU/Linux)

iF4EAREIAAYFAlGetscACgkQx0EjQi5nw9+3IAD8Dbb5RduIWQtP8oA3120T1h09
kLhAwYD+AoDCZZkpomoA/1JyERMjWVtjsbB3aqEa/ilqExQ5PSocAwyJfk6ZawFf
=K4QJ
-----END PGP SIGNATURE-----

Quoted.
bradyon
Full Member
***
Offline Offline

Activity: 172
Merit: 100


TradeFortress has to pay his debitors


View Profile
May 24, 2013, 06:52:43 AM
 #254

To prevent MITM attacks against deposit addresses, we now sign a message containing a user's deposit address and their username. The bitcoin address used for signing is 1PVmqfC7GcpPVg5jTTGHuv49EwAB8tEqwM

You can verify that your deposit address has not being tampered with by verifying the signed message.

Please quote this post.


OK, understood and successfully executed.

Perfect!

This is my new funding address to coinlenders, 1EmaZR4Po3Pj6bPWrGZ761yhKx6QBc4GKi

Just in case somebody wants to fund my projects,  lol
420
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
May 24, 2013, 07:18:49 AM
 #255

what's MITM

Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
AlexC
Member
**
Offline Offline

Activity: 118
Merit: 10


View Profile
May 24, 2013, 07:24:12 AM
 #256

To prevent MITM attacks against deposit addresses, we now sign a message containing a user's deposit address and their username. The bitcoin address used for signing is 1PVmqfC7GcpPVg5jTTGHuv49EwAB8tEqwM

You can verify that your deposit address has not being tampered with by verifying the signed message.

Please quote this post.

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256

The Bitcoin signing address for CoinLenders is 1PVmqfC7GcpPVg5jTTGHuv49EwAB8tEqwM - it is exposed on server 1.

-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.11 (GNU/Linux)

iF4EAREIAAYFAlGetscACgkQx0EjQi5nw9+3IAD8Dbb5RduIWQtP8oA3120T1h09
kLhAwYD+AoDCZZkpomoA/1JyERMjWVtjsbB3aqEa/ilqExQ5PSocAwyJfk6ZawFf
=K4QJ
-----END PGP SIGNATURE-----

Quoted.

ffcitatos
Member
**
Offline Offline

Activity: 71
Merit: 10


View Profile
May 24, 2013, 08:01:50 AM
 #257

To prevent MITM attacks against deposit addresses, we now sign a message containing a user's deposit address and their username. The bitcoin address used for signing is 1PVmqfC7GcpPVg5jTTGHuv49EwAB8tEqwM

Damn, TradeFortress, you are good - fixing everything in no time!

However, I am still surprised that you don't just do the HTTPS thing. It is easy and cheap, is it not?
ninjaboon
Legendary
*
Offline Offline

Activity: 2030
Merit: 1000



View Profile WWW
May 24, 2013, 08:11:04 AM
 #258

To prevent MITM attacks against deposit addresses, we now sign a message containing a user's deposit address and their username. The bitcoin address used for signing is 1PVmqfC7GcpPVg5jTTGHuv49EwAB8tEqwM

Damn, TradeFortress, you are good - fixing everything in no time!

However, I am still surprised that you don't just do the HTTPS thing. It is easy and cheap, is it not?

some SSL certs are cheap, like this site for USD 4.99 a year
https://www.cheapssls.com/comodo-ssl-certificates/positivessl.html?years=5

TradeFortress 🏕
VIP
Legendary
*
Offline Offline

Activity: 1148
Merit: 1023


View Profile
May 24, 2013, 08:27:58 AM
 #259

SSL is coming.
TradeFortress 🏕
VIP
Legendary
*
Offline Offline

Activity: 1148
Merit: 1023


View Profile
May 24, 2013, 08:30:33 AM
 #260

what's MITM
If your internet is not secure (public wifi hotspot, stealing neighbors, etc), an attacker could change the contents of the web page you are browsing - they could replace the deposit address on coinlenders with their own address. This attack is pretty impractical (due to the low amount of users, srsly, how many do you expect to catch using CL), but now with address signing you can be sure that the address hasn't being tampered with (if it passes verification).
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!