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Author Topic: Trust No One  (Read 160362 times)
mrspencer
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April 10, 2013, 05:52:18 AM
 #1921

Well I'm setting a password on my computer after reading this. Don't want some stranger transferring my 0.000000001 BTC away.  Grin
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stombergas
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April 10, 2013, 06:04:07 AM
 #1922

Great article, thank you
Synefiere
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April 10, 2013, 09:03:05 AM
 #1923

People have to understand, that BTC or LTC or whatever are MONEY! You don't go up to a complete stranger, give him 100$ and ask him to keep it safe while you go away for 1 hour or so Cheesy
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April 10, 2013, 09:12:39 AM
 #1924

Thanks for the advice. From my own experience, there reaches a point where you have to trust someone to stay liquid and trade. But redundant wallets sound like a good idea, cheers for that.
mattz0r
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April 10, 2013, 09:33:53 AM
 #1925

Interesting Smiley
kapolani
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April 10, 2013, 10:17:10 AM
 #1926

Seriously. Don't trust the exchanges, don't trust online wallet services, don't trust your anti-virus software, and don't trust anybody online.

Another good post to read.

I should have sought this site out first.

Gaining my privs one post at a time!
ande85
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April 10, 2013, 10:53:07 AM
 #1927


+1 as well. Seriously, it's the internet, take everything bad about people, and watch it get worse. Basically it's the GIFT principal all over again.
jbah01
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April 10, 2013, 10:58:36 AM
 #1928

Good tips! But will the trust-factor not be the main problem with the growth of bitcoin? Scams are everywhere with no one to act as a corrector..
gmak
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April 10, 2013, 12:18:15 PM
 #1929

what is the best way to purchase bitcoins?

if i send $ to mt gox can it remain in mt gox as $, or does it automaticaly get converted to bitcoins?

Hi, that's what I'm doing. The $ at MtGox won't be transferred automatically but you will have them in your wallet and then you choose how you get bitcoins and how much through them  Smiley.

Thanks for the info.  Can you cash out the $ in your wallet irrelevantly of market condition?  Let me rephrase that; does mt gox act as a dollars bank account?  or is there always some sort of catch related to bitcoins?
needachance
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April 10, 2013, 12:30:12 PM
 #1930

Thanks for the info
Diskman
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April 10, 2013, 12:32:58 PM
 #1931

Thanks for this info. Speially interresting now the exhange rate is exploding
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April 10, 2013, 02:51:24 PM
 #1932

Now this thing is keeping bigger and more worth it's even more important to remember this article.
tehfox
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April 10, 2013, 08:33:05 PM
 #1933

good thread, i've learned a lot. time for a beer
Spendulus
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April 10, 2013, 10:53:50 PM
 #1934

MtGox does have limits on withdrawals and does not give you a checkbook, so it is incorrect to think of it as analogous to a bank account.
LetsGetDigital
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April 10, 2013, 11:05:41 PM
 #1935

All great advice here!  Should be required reading for anyone starting off in the bitcoin world Smiley
segfault88
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April 10, 2013, 11:19:14 PM
 #1936

+1
Ryno
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April 11, 2013, 02:46:17 AM
 #1937

Well said
There is no age sex or religion online.
travelhack
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April 11, 2013, 06:12:09 AM
 #1938

really good thread to have prominent for newbs.
JaLaMaN
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April 11, 2013, 09:25:21 AM
 #1939

Good article, well done!!!
Fallen666
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April 11, 2013, 10:03:41 AM
 #1940

very usefull thanks!!!

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