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Author Topic: Trust No One  (Read 143145 times)
chip
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October 29, 2011, 02:15:49 PM
 #201

I'M WEARING A WIRE!!!!
Speak up so they can hear you Smiley

AREN'T YOU COLD!!!!

Ha ha ha... fifth post.  Tongue
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wolf1234
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October 30, 2011, 08:03:24 PM
 #202

Well i shall just throw in a few more ideas to the paranoia pot:

encryption is not foolproof, there are a number of attacks that can beat encryption (i would like to see if its possible to steal the (un)encrypted data right out of the memory while the computer is on and client running..)

also please consider that most of the methods used to break encryption keys utilize the exact same hardware we tend to mine on (powerful GPUs) to significantly reduce the time taken to crack a key...
attacking a 10 character alphanumeric password with the average 1gh/s mining rig is more than feasible especially considering most miners tend to already leave the machine on 24/7...

Dont trust anyone, even yourself!
Expect to be ripped off and scammed at every turn, that way you at least saw it coming  Wink
XCoiner
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October 31, 2011, 03:28:23 AM
 #203


Consider the list...

""Do you know their full name?
Do you know where they are located?
Have they demonstrated trustworthiness in the past?
Are they asking you to trust them? (red flag)
Do they have insurance?""

is this not a list of symptoms of an anonymous culture (akin to being a the airport in the RW?)


I think herein lies the inherent problem of all new things. The community expects a full blown 100% secure market place, something that they are used from their day to day dealings with banks and merchants. People are asking for verified merchants, with addresses, names, ISO certification, 24 hours support in multiple languages, network of trust, etc.  just to name a few.

Lets look around us, which of all the tons of Exchanges and other online web sites dealing with Bitcoin and the various Alt-currencies is actually making any money at all? There are no big players throwing money at the Coin Marketplace, most of them are small start-ups by one guy or a small group of people who are doing this part-time, in the evenings after they come home from their jobs (or school kids and students who have too much time anyways). I cant think of someone who quit their job and then started up a Coin related web service. So while still pursuing their day to day jobs, do you believe they want their names posted all over the internet for their employer to see that they are having a second job, implying that this will impact their work and performance?

Ofcourse we'll meet the one or other scam, but it is up to each and everyone of us to limit our risks, dont park all your coins with an Exchange or other Online services, dont transfer tons of money to them either. I doubt that even the current market leaders will be able to recover in case they get hacked and their wallets completely emptied, they are not a bank, they dont get bailed out.

As for the wallet: stop browing porn, and you'll probably reduce your risks close to 0.
 







 

beelzebobo
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November 01, 2011, 06:54:12 AM
 #204

Fair call man... Nobody online is worth losing your cheese over
MyZhre
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November 03, 2011, 10:05:02 AM
 #205

Do you trust the pool?

NXT: 13997163105778396158
Ean
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November 03, 2011, 10:36:17 AM
 #206

Another useless Newbee forum thread. Everyone is posting without any value add.
Really?

Quote from: Douglas Adams
The World Wide Web is the only thing I know of whose shortened form takes three times longer to say than what it's short for
diepigman
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November 05, 2011, 07:26:01 AM
 #207

There's a lot of shady exchanges out there.

 *Link Removed*
kkurtmann
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November 05, 2011, 08:15:53 AM
 #208

i trust my pool

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
scotgardner
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November 06, 2011, 01:25:02 AM
 #209

I'm ultraparanoid. It should be my username...

I have my wallet on my Linux box who's / is under 4 concurrent layers of DM_crypt. I ran that system before I ever heard of bitcoin. I'm not doing anything illegal, I just don't think my business is anyone's damn business. I take my wallet offline with a flash drive using TrueCrypt. I use the triple cascade encryption option on a file container. I even use that tiny new lexar echo drive and geocache a backup of the wallet in a similar container file. It's tiny, and even if somebody finds it, what can they do? That degree of encryption is just stupid. I'm considering a MicroSD geocache instead, it's even smaller.

If I could do that to the cash in my wallet, I would. You can't hide cash in a geocache as an off-site, off-line backup, and still be assured of it's safety. BTC is the best.

I only wish I could find someone local to buy BTC from w/ cash... The locator services are useless. If the forums had a geographicaly organised section, it would be a dream...

Incredible!  With that much encryption, changing your username is almost prerequisite...
Aldun
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November 06, 2011, 03:38:02 PM
 #210

It might not be the best insurance, but I'm quite sure I could trust moderators for example ^_^.
rogue88
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November 06, 2011, 10:55:41 PM
 #211

Trust no one, except your family Wink
Ean
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November 06, 2011, 11:17:33 PM
 #212

Trust no one, except your family Wink
Why would I trust your family?

Quote from: Douglas Adams
The World Wide Web is the only thing I know of whose shortened form takes three times longer to say than what it's short for
diehard454
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November 08, 2011, 02:38:25 AM
 #213

I'd trust my neighbor before my family.  Less of a pain, and he never asks for nothing.
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November 08, 2011, 11:10:52 AM
 #214

What is trust?  Baby don't hurt me.
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November 10, 2011, 05:06:25 PM
 #215

Family can't be trusted; they are to good at playing the pity card.
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November 12, 2011, 06:15:56 AM
 #216

reminds me of the x-files  Grin
trill
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November 15, 2011, 06:01:45 AM
 #217

wow i totally agree
Bitman_Began
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November 16, 2011, 07:14:01 PM
 #218

Someone pity me, I like many other lately, was foolish enough to trust Bitmarket... I sold about 60 BTC in the last 3 days and haven't had a reply from either a buyer, an admin, and certainly not a payment in my bank account. I wonder if I will ever even see those coins again! My funds are of course frozen indefinitely, with no communication from the admins at that site and others are saying they aren't able to get one either. Trust no-one...
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November 19, 2011, 07:20:17 PM
 #219

Thanks, this is helpful.
minecoin
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November 20, 2011, 09:19:58 PM
 #220

Oh, I will trust no one, not even myself or my FPGA mining for me...
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