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Author Topic: Trust No One  (Read 143000 times)
segfault
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March 17, 2013, 02:17:09 AM
 #1541

Noted. The bitcoin-otc folks also have some good protocols in place to attempt at protecting you from fraud. The wiki has a decent list of the risks associated with different payment types. The main thing I've learned is to stay very far away from all of the payment schemes that can easily be chargebacked unless I actually know the person. Paranoia seems to be rampant and justified given the nature of bitcoin transactions.

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1480876054
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WikipediaFaggot
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March 17, 2013, 01:08:36 PM
 #1542

The level of security required is pretty crazy. I always thought of myself as having a pretty secure rig, but now with having a wallet.dat on my hardrive, i feel like i'm getting paranoid. I'll probably have lots of paper wallets and transfer over a specific threshold from hotwallets to paper ones.

boss of the bosses
maciak
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March 17, 2013, 01:14:18 PM
 #1543

Thanks. Actually you are right. You can not trust. And this is not just with Bitcoins..

Energycoin: e6ZxEiEUXxferDDrmvaWEC7opHRWtfE11P
IComeWithLove
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March 17, 2013, 01:31:38 PM
 #1544

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.
DMTQuestioner
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March 17, 2013, 02:35:24 PM
 #1545

Yes, It's true ! Do you trust mtgox ?

Hello =)
ashitaka
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March 17, 2013, 02:59:27 PM
 #1546

Great tips, but I realized I'm trusting exchanges, online wallets and my Mac security  Undecided
mynameisjohnhamster
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March 17, 2013, 03:47:18 PM
 #1547

Thanks for the advice.
fortif78
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March 17, 2013, 03:49:17 PM
 #1548

 Shocked

"In the land of the blind, the man with one eye is king."
johanfreakingbach
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March 17, 2013, 04:15:12 PM
 #1549

Unfortunately whenever there is money involved there will be people out to get a piece of it unlawfully. There is also many that go about it the right and legal ways. Knowing which is which is not always easy. Sometimes the people you think you can trust turn on you, yet other times the ones that look like they are shady as a hundred year old tree are safe as houses. I spose it comes down to not always judging too quickly or you may miss out on opportunities. Think of it this way, I am sure that when bitcoin came out many people claimed it was just a scam with someone that was going to disappear with their money. Yet here we are and many people have made profits on the way. Still others that had the chance and decided it was too risky missed out.

So everything in moderation, do your due dilligence but do not jump to conclusions, you may miss out on great opportunities.
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very very good day =)
snakesfskingmyass
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March 17, 2013, 04:50:22 PM
 #1550

I already wore a tinfoil hat.  Now I feel like I need to wear two. One for me and one for my other hat.
xdoktor
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March 17, 2013, 05:40:39 PM
 #1551

Trust no one. got it. Now I just have to come up with one more post
twatson
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March 17, 2013, 07:55:27 PM
 #1552

I am agree: Trust no one
boneluckdisco
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March 17, 2013, 08:06:57 PM
 #1553

no one!

meow ^^
AnonymousNine
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March 17, 2013, 08:35:22 PM
 #1554

good info for staying safe!
Garret
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March 17, 2013, 08:54:28 PM
 #1555

thanks for the advice

Angel...)
MikeEpps
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March 17, 2013, 09:08:10 PM
 #1556

Easy way to do it is only do escrow 100% of the time!
jcdem
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March 17, 2013, 11:03:55 PM
 #1557

funny how the point of bitcoin is taking the control away from centralized organizations and putting the power in your hands, but people still blindly trust these seemingly fly-by-night exchanges, wallets, gambling and scam sites like it's nothing.
woj
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March 17, 2013, 11:18:26 PM
 #1558

Loved the comic strip.
Paleus
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March 17, 2013, 11:54:47 PM
 #1559

I'm still a complete newbie and figuring out how to purchase and create a wallet for my bitcoins then have them stored on an encrypted device for the long run.  Any suggestions or referrals?

ExcitedJime
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March 18, 2013, 12:23:13 AM
 #1560

you can always use escrow if you need it...

bwahahaha
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