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Author Topic: Trust No One  (Read 159786 times)
GsR
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February 01, 2013, 03:13:47 PM
 #1001

A life trusting no one is a sad life .... but be carefull when you trust
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There are several different types of Bitcoin clients. Hybrid server-assisted clients like Electrum get a lot of their network information from centralized servers, but they also check the server's results using blockchain header data. This is perhaps somewhat more secure than either server-assisted clients or header-only clients.
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HowGudAmI
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February 01, 2013, 09:28:58 PM
 #1002

Thanks for the info!.

Smiley
Vircurex
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February 02, 2013, 03:18:04 PM
 #1003

You can trust me  Grin
lookingforphone
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February 03, 2013, 01:18:55 PM
 #1004

You can trust me  Grin

Here have my money.
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February 04, 2013, 03:12:16 AM
 #1005

.....or be cautious
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February 05, 2013, 03:23:54 AM
 #1006

What are the safest Escrows to use on this forum?

mine is pretty safe

heytherejake
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February 05, 2013, 04:16:18 AM
 #1007

I'm new to Bitcoin and it's good to here this advice, although somewhat unsettling.  Surely there must be somewhere where one could find a mentor, or someone to look up to while learning the ropes of Bitcoin mining!  One could only hope though.
CoinPay
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February 05, 2013, 01:38:40 PM
 #1008

The OP makes some very valid points.

Sadly when money is involved it can change a person & greed can take over.
people should really see bitcoin in the same way they see physical fiat or precious metals, something that should be secured to prevent theft.

Thieves do not just exist in the real world, cyber crime is now more than ever a very real and increasing risk.
Due to how bitcoin works once they have been taken there is very little chance of getting them back.

However its not just theft that you are securing yourself from.
As computers can be very temperamental at times and if your storage device was to corrupt you would lose your bitcoins. By backing up your wallet regularly you can minimize this risk.
pixelcoin
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February 06, 2013, 04:22:57 AM
 #1009

You can trust me  Grin

Here have my money.

Hey everyone, free money! Where do I sign up? Tongue

But seriously, with bitcoin as with everything else, just use some common sense: if something might be a scam, treat it like it is. Especially anything that seems too good to be true!
bitcoins...BIIITCOINS
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February 06, 2013, 05:26:17 AM
 #1010

Hopefully you have family you can trust when it comes to bitcoin.  Unfortunately not everyone has the most trustworthy family, but family>friends>randos on the internet
Moieur01
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February 06, 2013, 08:23:29 AM
 #1011

sounds good
Jaques
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February 07, 2013, 02:35:50 PM
 #1012

today i trusted bitcoin.com.es
went very smooth and fast
Flatlinezor
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Funny quote


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February 08, 2013, 05:57:31 PM
 #1013

I guess the best way for a newbie to start selling is if he/she agrees on the terms of the buyer, let it be escrow, sending the goods first, and so on. Hopefully the "community" eventually indeed lets others use the market here as well, to be able to convert assets to BTC.

Calm sea doesn't breed skilled sailors!
inge
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February 09, 2013, 01:59:36 PM
 #1014

I guess the best way for a newbie to start selling is if he/she agrees on the terms of the buyer, let it be escrow, sending the goods first, and so on. Hopefully the "community" eventually indeed lets others use the market here as well, to be able to convert assets to BTC.

In the end it is a matter or trust. Just like how we trust our banks and our currencies like the Euro or Dollar. If a Bitcoin broker company keeps his promises, more and more people will start using it. Never make a big transaction the first time you use a new service!

HappyCoins buy Bitcoins | Receive Bitcoins in minutes. Secure instant payment methods and real-time exchange prices.
HappyCoins sell Bitcoins | Sell Bitcoins in minutes and receive your Euros up to same day on your bank account.
RidleyReport
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February 09, 2013, 10:42:31 PM
 #1015

Trust but verify.
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February 10, 2013, 04:42:16 PM
 #1016

aha, a cozy home for my usually unfounded paranoia.
I think I'm going to like it here.
skibum
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February 10, 2013, 11:24:34 PM
 #1017

Regarding where to store BTC, I guess it's all about tradeoffs, risks, and risk management. I mean for storing small amounts and conducting small transactions, you would think (hope?) that a leading exchange and using 2-factor authentication would be ok.  But I see your points, especially as the amounts in question get larger.  But if/when size get larger and more material relative to the person, it seems diversification would be in order (to whatever asset classes they see as stores of value against inflation/deflation may be coming).
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February 11, 2013, 08:24:30 PM
 #1018

The more I've learned about bitcoin related topics the more paranoid I've become in general about the world. Coincidence?

manfred
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February 11, 2013, 09:28:01 PM
 #1019

Thanks for the advice, but looks like to late for me.
willnye
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February 13, 2013, 12:30:30 AM
 #1020

Trust but verify.

good advice for life in general!
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