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Author Topic: Trust No One  (Read 159798 times)
Kazimir
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June 21, 2012, 03:49:16 PM
 #501

so whats considered the most trusted website for bitcoin exchange right now ?
I prefer Intersango. They seem to be very concerned with security, I've done quite some business with them already, and had nothing but positive experiences so far.

In theory, there's no difference between theory and practice. In practice, there is.
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SiliconAlchemist
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June 22, 2012, 11:50:55 PM
 #502

so whats considered the most trusted website for bitcoin exchange right now ?
I prefer Intersango. They seem to be very concerned with security, I've done quite some business with them already, and had nothing but positive experiences so far.


I know MtGox is huge.  I assume they are popular for a reason.  Any input regarding them?
wildgift
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June 25, 2012, 06:12:17 PM
 #503

The coin might be anonymous, but I see these faucets everywhere, and none of them are anonymous - they have ads.

When you transact and buy something, you have to leak your identity to the seller.

Likewise, if you sell something, you are probably going to have to leak your identity to compete in the market.
atm
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June 25, 2012, 08:20:21 PM
 #504

Especially thieves like this guy:https://bitcointalk.org/index.php?action=profile;u=57255 DavidBEnz
bun_lope
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June 26, 2012, 03:20:35 AM
 #505

I only trust myself Cheesy
silentseawolf
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June 27, 2012, 04:20:46 PM
 #506

great post, love the comic too!  Grin
auctioneeeeer
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June 28, 2012, 12:58:40 AM
 #507

Very interesting stuff.

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Alwaysmining
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June 28, 2012, 10:13:20 PM
 #508

Good to know
ketamic
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June 29, 2012, 01:37:20 AM
 #509

Lol @ Truth[/quote]Buying things anonymously like with cash?
[/quote]
Tacitus
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June 30, 2012, 09:14:47 PM
 #510

Very good post. Does the author trust his wife or children?
vengasCool
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July 01, 2012, 02:08:38 AM
 #511

Can i trust the author?
Tacitus
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July 01, 2012, 06:34:59 PM
 #512

Can i trust the author?

Of course, not!
btcwalker
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July 02, 2012, 07:05:55 AM
 #513

Thanks for the warning. It is good point to secure oneself.
welovebitco.in
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July 02, 2012, 09:55:01 PM
 #514

especially instant wallet services Sad i hate them
bitcrowd
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July 03, 2012, 01:07:24 AM
 #515

great advice! Smiley
Kazimir
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July 03, 2012, 07:26:39 AM
 #516

especially instant wallet services Sad i hate them
Well, online wallets like the one offered by blockchain.info is reasonably safe because the private keys only exist client side. They are encrypted with your password before they're uploaded, so the worst thing that could happen is blockchain.info suddenly disappearing, or deleting your account, or whatever. But that's what backups are for. I don't believe they suddenly could steal all their users' money (well unless they secretly inject some malware in their javascript, but that would be detected soon enough).

Having said so, I rather trust my private keys ONLY to a dedicated Linux machine that is never connected to the internets.

In theory, there's no difference between theory and practice. In practice, there is.
Insert coin(s): 1KazimirL9MNcnFnoosGrEkmMsbYLxPPob
welovebitco.in
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July 03, 2012, 07:54:38 AM
 #517

I understand what you're saying and I agree mostly, but I've had some coins disappear back during the whole MyBitcoin fiasco and it just left a bad taste. I try and keep them all offline and encourage others aswell.
Pinwheel
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July 05, 2012, 04:07:12 PM
 #518

that is hard thing, but what to do I need to sale bitcoins. what about MtGox if it is fast in and out seems like OK.

Tom Waits: We should just start as soon as possible cause we might catch a rabbit before we have our pants on. (Juxtapoz)
zus
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July 05, 2012, 06:56:42 PM
 #519

Thanks for the open honesty and words of wisdom
OneEyed
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July 05, 2012, 08:57:29 PM
 #520

Mt.Gox seems to be having issues handling SEPA transfers right now.

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