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Author Topic: Trust No One  (Read 160577 times)
BTCWebdesign
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February 19, 2013, 10:57:37 AM
 #1041

Also, when selling a service make sure you get 50% up front.
When you have positive feedback the people who wont pay the 50% are the ones that usually don't pay anyway Tongue
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February 19, 2013, 12:48:22 PM
Last edit: February 19, 2013, 12:58:39 PM by Line
 #1042

As I read this with my Gucci tinfoil hat on I nod my head in approval with the OP.

It's amazing how irrational you become when the adrenaline starts kicking in. Remain cool and calm, plan for the long haul.

I'm going to keep coming back to this post as time goes on so I can remind myself of this when I'm riding the waves of Bitcoin to keep a level head.

Thanks.
cyberthane
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February 19, 2013, 01:09:06 PM
 #1043

Unfortunately, from my experience, everyone is going to mess up. No one's perfect. Things happen. All we can do is our best; and we have to gage those who can do their best through experience, knowledge, and track record... even then, sh*t happens! Sad
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February 19, 2013, 01:18:41 PM
 #1044

The biggest trust issue I have so far encountered is with exchanges. Converting between bitcoin and national currencies when exchanges are all (to varying degrees) a bit hard to have much confidence in is really going to limit adoption.
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February 19, 2013, 03:38:23 PM
 #1045

A lesson learned the hard way, all too often.
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February 19, 2013, 06:08:15 PM
 #1046

Sadly given the nature of BTC the OP has some good points but its a shame it has to be this way but then again the anonymity of BTC is one of the strengths of the currency. I would like to see more trust amongst men but to do that we have to eliminate those or who are not willing to participate. Smiley
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February 19, 2013, 06:40:26 PM
 #1047

+1 for this post. Very informative. Thanks.
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February 20, 2013, 10:20:09 AM
 #1048

Thanks for the info xD
wingsuit
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February 21, 2013, 07:22:35 AM
 #1049

All great scenarios to assess.

FLY
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February 21, 2013, 08:59:21 AM
 #1050

Except a cool refreshing glass of Mango Lassi... the only exception to the rule and avoid Milkshakes and Smoothies whenever possible. Roll Eyes

Now it's time for the FTC to put everything Butterfly Labs has done through the magnifying glass and then burn the wings off those bastards.
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February 21, 2013, 11:26:13 AM
 #1051

Good info
dmanti
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February 21, 2013, 09:43:06 PM
 #1052

Slowly, with the help of threads like this, I will eventually feel confident about my Bitcoin knowledge.
I hope.
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February 21, 2013, 10:21:44 PM
 #1053

Ofcourse one can trust his pals (but not Paypals).
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February 21, 2013, 10:49:59 PM
 #1054

duh lol Tongue
wyodude
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February 22, 2013, 04:14:15 AM
 #1055

It's always has been the rule that is applicable to all things not just Bitcoin. The "trusty ones" get burned and learn, those that don't keep banging their head against the brick wall
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February 22, 2013, 04:52:09 AM
 #1056

Has anyone projected futures contracts for BTC over the next 5 to 10 years?
fenratha
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February 22, 2013, 10:26:00 AM
 #1057

I dont even trust my mother.
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February 22, 2013, 01:07:49 PM
 #1058

Interesting read.  I note that computer data have always had a tendency to disappear without trace or to be stolen by nefarious types.  When that data is actual money, the consequences of loss/theft are that bit more immediate...
MangoJ
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February 23, 2013, 01:35:39 AM
 #1059

Except a cool refreshing glass of Mango Lassi... the only exception to the rule and avoid Milkshakes and Smoothies whenever possible. Roll Eyes
Did someone say Mango?  lol

Automated Escrow  For instant BTC transactions without waiting for a 3rd party.  http://BTCRaven.com
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February 23, 2013, 02:02:50 AM
 #1060

Nice thread. Alot of helpful information in here for me. As I soon plan to sell the bitcoins I have.
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