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Author Topic: The Bank of Bitcoin- The World's Most Secure Bitcoin Service- Unhackable!  (Read 6875 times)
SEC agent
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June 03, 2013, 09:30:04 PM
 #181

you really think that anybody will store their precious bitcoins in ur "bank"

You must have missed all the people who did exactly that last year, and (unsurprisingly) had their bitcoins stolen in obvious Ponzi scams. There is no shortage of suckers around here, unfortunately.


"It may be laid down as a primary position, and the basis of our system, that every Citizen who enjoys the protection of a Free Government, owes not only a proportion of his property, but even of his personal services to the defense of it." -George Washington
helmax
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June 03, 2013, 09:33:02 PM
 #182

why need bank for bitcoin?

looking job
zeocrash
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June 03, 2013, 10:36:26 PM
 #183

Unhackable you say??

kinger1331
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June 03, 2013, 10:38:32 PM
 #184

"unhackable"

Thats like a beacon calling for all hackers to try it out and see what you can break.

Its a game of Cat & Mouse, and always will be.
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June 03, 2013, 10:46:32 PM
 #185

Me thinks this service is unhackable b/c it simply deposits into an offline wallet. And the backup of those wallets are encrypted with a 1024 bit cipher. Even they can't break through the firewall.
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June 03, 2013, 10:51:13 PM
 #186

you really think that anybody will store their precious bitcoins in ur "bank"
You must have missed all the people who did exactly that last year, and (unsurprisingly) had their bitcoins stolen in obvious Ponzi scams. There is no shortage of suckers around here, unfortunately.

Anyone who is storing their bitcoins at MtGox, CoinBase, CampBX, localbitcoins, or any other "service" that provides "wallet like" functionality while maintaining control of the private keys for themselves is using a "bank like" service whether they realize it or not.  Clearly many have not learned from the "obvious Ponzi scams" of last year, since many people continue to store their bitcoins somewhere that someone else has full access to them.  It would be a bit more understandable if these "accounts" were insured by a major global underwriter and were audited by a trusted third party.
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June 04, 2013, 01:06:23 AM
 #187

you really think that anybody will store their precious bitcoins in ur "bank"
You must have missed all the people who did exactly that last year, and (unsurprisingly) had their bitcoins stolen in obvious Ponzi scams. There is no shortage of suckers around here, unfortunately.

Anyone who is storing their bitcoins at MtGox, CoinBase, CampBX, localbitcoins, or any other "service" that provides "wallet like" functionality while maintaining control of the private keys for themselves is using a "bank like" service whether they realize it or not.  Clearly many have not learned from the "obvious Ponzi scams" of last year, since many people continue to store their bitcoins somewhere that someone else has full access to them.  It would be a bit more understandable if these "accounts" were insured by a major global underwriter and were audited by a trusted third party.


Absolutely.

"It may be laid down as a primary position, and the basis of our system, that every Citizen who enjoys the protection of a Free Government, owes not only a proportion of his property, but even of his personal services to the defense of it." -George Washington
jeannie
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June 04, 2013, 01:26:25 AM
 #188

I feel that the safest is still to store on an USB drive your wallet.

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June 04, 2013, 02:30:37 AM
 #189

I feel that the safest is still to store on an USB drive your wallet.

Oh yeah baby!

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