Bitcoin Forum
December 10, 2016, 06:54:20 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 [12] 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 ... 115 »
  Print  
Author Topic: Trust No One  (Read 143245 times)
ondoin2
Newbie
*
Offline Offline

Activity: 8


View Profile
November 25, 2011, 04:46:27 PM
 #221

Good guide, thanks.
1481396060
Hero Member
*
Offline Offline

Posts: 1481396060

View Profile Personal Message (Offline)

Ignore
1481396060
Reply with quote  #2

1481396060
Report to moderator
1481396060
Hero Member
*
Offline Offline

Posts: 1481396060

View Profile Personal Message (Offline)

Ignore
1481396060
Reply with quote  #2

1481396060
Report to moderator
1481396060
Hero Member
*
Offline Offline

Posts: 1481396060

View Profile Personal Message (Offline)

Ignore
1481396060
Reply with quote  #2

1481396060
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481396060
Hero Member
*
Offline Offline

Posts: 1481396060

View Profile Personal Message (Offline)

Ignore
1481396060
Reply with quote  #2

1481396060
Report to moderator
seaf20
Newbie
*
Offline Offline

Activity: 5


View Profile
November 25, 2011, 05:28:51 PM
 #222

thanks for the tip
satdav
Newbie
*
Offline Offline

Activity: 6


View Profile
November 26, 2011, 04:12:25 PM
 #223

I dont trust anyone now the reason is due to someone reported me to a major irc network for spamming and making up logs qabiut me


17jjXsej9uesWa5gxJag8iETBZqdrpGZM3
Proofer
Sr. Member
****
Offline Offline

Activity: 251


View Profile
November 27, 2011, 01:57:25 AM
 #224

...  Bitcoin is based on value (rather than based on debt, like our present [and arguably, any conceivable] fiat currencies).  The exact intrinsic value that Bitcoin has is the value represented by the proof-of-work algorithm that is solved when nodes on the network process transactions.  Without this intrinsic value of Bitcoin, no extrinsic value (such as the ability to trade it for goods / services) would be possible.
I don't understand this.  That value -- CPU/GPU time, electricity, etc. -- was expended does not imply that same value was captured or saved to become intrinsic in the product.  The work that goes into proof-of-work makes the product scarce, but not valuable.  The intrinsic value of gold, for example, does not derive from the difficulty of mining it, but from its intrinsic properties such as brightness, inertness, malleability, etc.  Tree stumps are very hard to "mine" but don't have much value.
codymanix
Full Member
***
Offline Offline

Activity: 203

Gir: I'm gonna sing the Doom Song now..


View Profile
November 27, 2011, 01:14:02 PM
 #225

Hooray! I will paint chunks of lead with sparkling color and get rich! That I didn't think of that before!!!

Note that there are some people which have another opinion. One of them is, that the value comes from the fact that there is fewer gold on this world than tree stumps. Gold doesn't grow, you know..  Grin

Programming tutorials, Tools, Games & Humor http://deutronium.de.vu
My Vircurex referral code for persistant 0.05% trade discount: 750-33267 or use
https://vircurex.com/welcome/index?referral_id=750-33267
Proofer
Sr. Member
****
Offline Offline

Activity: 251


View Profile
November 27, 2011, 03:59:52 PM
 #226

Hooray! I will paint chunks of lead with sparkling color and get rich! That I didn't think of that before!!!

Note that there are some people which have another opinion. One of them is, that the value comes from the fact that there is fewer gold on this world than tree stumps. Gold doesn't grow, you know..  Grin
I wasn't so much stating an opinion as asking a question; my introductory statement, "I don't understand this," was not a mere rhetorical flourish.  I do understand that difficulty of production or relative scarcity is a requirement of a medium of exchange, but I don't understand how this is equivalent to intrinsic value.  Intrinsic value derives from the properties of something that makes it useful or desirable for reasons other than potential exchange.

In other words, I don't see intrinsic value in Bitcoins.  I am not saying that this defeats the idea; I am merely questioning the assertion that "Bitcoin is based on [intrinsic] value."  Rather, I think it's a brilliant idea for controlling the quantity of a specified kind of information that, as far as I can see as a Bitcoin toddler, can work as a medium of exchange.
Eveofwar
Sr. Member
****
Offline Offline

Activity: 406


View Profile
November 28, 2011, 01:06:50 AM
 #227

Yeah its better to not trust ppl...

Have this weird feeling you're going to be a scammer.  Only time will tell.

EDIT:  LOL...all posts by them deleted.  Imagine that.
tbdunamis
Jr. Member
*
Offline Offline

Activity: 34



View Profile WWW
December 01, 2011, 04:52:06 AM
 #228

I must admit that I haven't taken the time to read this entire thread.  My only reason for replying is to admit that I am a naturally trusting person who believes that everyone is innocent until proven guilty.  This does not mean that I naively give away my money to the first person that offers to do something beneficial with it.  It's just a simple fact that a person who has paid the price to become honest will naturally be able to recognize those who aren't.  This experience has a habit of relieving one of any sense of paranoia.
occulta
Full Member
***
Offline Offline

Activity: 187



View Profile
December 03, 2011, 04:49:26 PM
 #229

I dont think this point it totally fair/true:

Are they asking you to trust them? (red flag)

Anyone starting out trying to gain trust but are totally legit, may say these words. Unless the person is begging, thats a different story Smiley

GPG KeyID: F5A703CC74E46E5D
xDGDZEx
Member
**
Offline Offline

Activity: 84


View Profile
December 04, 2011, 11:48:29 PM
 #230

I dont think this point it totally fair/true:

Are they asking you to trust them? (red flag)

Anyone starting out trying to gain trust but are totally legit, may say these words. Unless the person is begging, thats a different story Smiley

True, but if someone is just starting out, they would probably be best served by making a proposal and then leaving it to the more experienced party to decide whether or not to trust them.

Everyone wants to be trustworthy (at least normal people), but on the internet especially, these things take time.

My rule: Everyone lives in Nigeria...until they prove the don't

p.s. No offense meant to honest Nigerians
Chin-A
Newbie
*
Offline Offline

Activity: 10



View Profile
December 08, 2011, 06:48:37 AM
 #231

I must admit that I haven't taken the time to read this entire thread.  My only reason for replying is to admit that I am a naturally trusting person who believes that everyone is innocent until proven guilty.  This does not mean that I naively give away my money to the first person that offers to do something beneficial with it.  It's just a simple fact that a person who has paid the price to become honest will naturally be able to recognize those who aren't.  This experience has a habit of relieving one of any sense of paranoia.

I think in a forum like this its better to assume everyone is guilty/untrusty worthy unless proven innocent/trustworthy...
onelineproof
Jr. Member
*
Offline Offline

Activity: 50


View Profile WWW
December 11, 2011, 05:33:18 AM
 #232

Here's a simple system I propose:

1) Generate your bitcoin public&private keypairs offline. If for example, you want to store 1000 BTC, generate 10 keypairs and use each keypair to store 100 BTC.

2) Send 100 BTC to each of the 10 public keys that you generated (while keeping your private keys still offline).

2) Encode the keypairs into QR codes and print them onto paper (10 papers). Protect each paper with a plastic covering. Store the papers in a safe place at home. Also, store your important passwords (not necessarily related to bitcoin) there. Set up as much home security as you see fit.

3) Whenever you want to use 100 BTC, take a paper, scan it, and send.

4) Make a backup of your private keys as well as all your important passwords, and encrypt this backup with a complicated passphrase, and keep the passphrase in your mind only. Do not write it down. Rehearse it every day. Store a copy of this backup in various places around the world (Google Docs, Work computer, second home, buried underground somewhere, whatever). These backups are important in case something happens to your home (like a fire), or someone attacks your home. They ensure that there is no single point of failure for your important data. Of course, if your house burns down with your data AND you forget the password to your backups IN THE SAME TIME, then you're screwed. But what are the chances of that? As long as you keep your brain safe and alive, you have your data. And if you don't keep your brain healthy enough for this, then I think you have bigger problems to worry about than data & money.

Pirate Linux developer: https://piratelinux.org
Cwallet developer: https://github.com/piratelinux/cwallet
Donate: 1proofgtqF9JJ26ZCYatkvWfpJE8bDYxa
Markus000
Newbie
*
Offline Offline

Activity: 5


View Profile
December 15, 2011, 03:23:39 PM
 #233

Ok, thanks for the tip, at least i'm aware and not to trust anyone.
TheHeroMember
Full Member
***
Offline Offline

Activity: 126



View Profile WWW
December 15, 2011, 03:57:45 PM
 #234

Ok, thanks for the tip, at least i'm aware and not to trust anyone.


That's lesson number 1.

Hey Guys! WWW.FREEBITCOINS.ORG introduces "Epic December Contest" where you can Win Sweet Casascius Coins !!!
556j
Sr. Member
****
Offline Offline

Activity: 252


View Profile
December 15, 2011, 06:55:11 PM
 #235

Good guide!
msin
Legendary
*
Offline Offline

Activity: 1064


View Profile
December 15, 2011, 08:36:44 PM
 #236

Totally agree with this, my MtGox account was hacked, my password and email were changed, and my bitcoins are now gone, about 300.  Nothing from MtGox, they don't give a shit.  When I received the account withdrawal email, I immediately told them to freeze my account, they didn't.
julz
Legendary
*
Offline Offline

Activity: 1092



View Profile
December 16, 2011, 02:14:10 AM
 #237

Totally agree with this, my MtGox account was hacked, my password and email were changed, and my bitcoins are now gone, about 300.  Nothing from MtGox, they don't give a shit.  When I received the account withdrawal email, I immediately told them to freeze my account, they didn't.

When did this happen?  Did you use the same password on multiple systems? Did you use a crappy short password?

I'm not trying to 'blame the victim' here - but in most cases it does seem to turn out that the user was using woefully inadequate passwords, or that the security breach was on the user's side, so please let us know if you have any information on how your 'account was hacked'.

Also - there is a daily withdrawal limit in place on most mtgox accounts.. are you saying that all 300 or so disappeared at once - or that this happened over a period of time?

How much followup have you done with mtgox support?

I see you've made another thread regarding this: https://bitcointalk.org/index.php?topic=54711.0
Please reply there.



@electricwings   BM-GtyD5exuDJ2kvEbr41XchkC8x9hPxdFd
TheHeroMember
Full Member
***
Offline Offline

Activity: 126



View Profile WWW
December 16, 2011, 12:24:50 PM
 #238

Totally agree with this, my MtGox account was hacked, my password and email were changed, and my bitcoins are now gone, about 300.  Nothing from MtGox, they don't give a shit.  When I received the account withdrawal email, I immediately told them to freeze my account, they didn't.

When did this happen?  Did you use the same password on multiple systems? Did you use a crappy short password?

I'm not trying to 'blame the victim' here - but in most cases it does seem to turn out that the user was using woefully inadequate passwords, or that the security breach was on the user's side, so please let us know if you have any information on how your 'account was hacked'.

Also - there is a daily withdrawal limit in place on most mtgox accounts.. are you saying that all 300 or so disappeared at once - or that this happened over a period of time?

How much followup have you done with mtgox support?

I see you've made another thread regarding this: https://bitcointalk.org/index.php?topic=54711.0
Please reply there.





Mostly its a problem with short passwords, i suggest you use alphanumeric + symbols with up to 15-20 characters. Ex *(')P@$sw0Rd*_#!++>

Hey Guys! WWW.FREEBITCOINS.ORG introduces "Epic December Contest" where you can Win Sweet Casascius Coins !!!
msin
Legendary
*
Offline Offline

Activity: 1064


View Profile
December 17, 2011, 11:36:16 PM
 #239

Totally agree with this, my MtGox account was hacked, my password and email were changed, and my bitcoins are now gone, about 300.  Nothing from MtGox, they don't give a shit.  When I received the account withdrawal email, I immediately told them to freeze my account, they didn't.

When did this happen?  Did you use the same password on multiple systems? Did you use a crappy short password?

I'm not trying to 'blame the victim' here - but in most cases it does seem to turn out that the user was using woefully inadequate passwords, or that the security breach was on the user's side, so please let us know if you have any information on how your 'account was hacked'.

Also - there is a daily withdrawal limit in place on most mtgox accounts.. are you saying that all 300 or so disappeared at once - or that this happened over a period of time?

How much followup have you done with mtgox support?

I see you've made another thread regarding this: https://bitcointalk.org/index.php?topic=54711.0
Please reply there.





Mostly its a problem with short passwords, i suggest you use alphanumeric + symbols with up to 15-20 characters. Ex *(')P@$sw0Rd*_#!++>

My password wasn't crazy long or anything but there is no way in hell it was guessed or brute forced.
omo
Full Member
***
Offline Offline

Activity: 148


View Profile
December 20, 2011, 02:35:20 PM
 #240

good! Grin

BTC:1Fu4TNpVPToxxhSXBNSvE9fz6X3dbYgB8q
Pages: « 1 2 3 4 5 6 7 8 9 10 11 [12] 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 ... 115 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!