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Author Topic: Trust No One  (Read 143168 times)
fido
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November 15, 2012, 07:18:38 PM
 #821

This is why you should only use services like exchanges or instawallets for temporary holding of small amounts of BTC.  Larger amounts should always be in an offline wallet (cold storage).
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snoodles
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November 15, 2012, 08:02:40 PM
 #822

It wont be long before we get Nigerian princes asking us to hold thousands of bitcoin for them. Grin
chmod
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November 15, 2012, 09:23:33 PM
 #823

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

Escrow just transfers trust to whoever runs the escrow system.
mightycount
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November 15, 2012, 11:25:56 PM
 #824

... TL;DR ...
2. Encrypt that wallet with the maximum security you can find, using the most secure password you can keep track of
... TL;DR ...

2.1 Write down your password on a piece of paper and deposit it in the bank safe vault. Next to your life insurance, you know.

BTW, I like your avatar. I seen it before somewhere, do you play chess?

Personal Bitcoin Black List - Companies and people to avoid!
````` Butterfly Labs...MtGox...ragingazn628...(reserved)...  `````
SimpleMan
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November 16, 2012, 02:20:24 AM
 #825

great info thanks
burnedcelery
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November 16, 2012, 09:46:17 AM
 #826

2. Encrypt that wallet with the maximum security you can find, using the most secure password you can keep track of
3. Delete the plaintext wallet, and distribute the encrypted wallet to every piece of physical media you own, store it online, and send it to several people you trust
I haven't seen this mentioned in this thread yet. I've encrypted my wallet in bitcoin-qt, but I assumed it replaced the unencrypted one itself in a secure way.

Is there some other file beside wallet.dat I should be concerned about? Should I be shredding my disk's free space, to eliminate traces of the old wallet? Is my computer judging me? Am I going to die?

N.B.: I won't trust replies, but I will appreciate them and print them out and bury them in the time capsule in my back yard.
Eskimo
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November 16, 2012, 07:09:32 PM
 #827

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

Escrow just transfers trust to whoever runs the escrow system.

Very true.
hardcore-fs
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November 17, 2012, 04:16:01 AM
 #828

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

I operate an escrow service and will take very good care of your funds at the following address :

Hardcore Retirement fund Escrow Ltd: 1PCTzvkZUFuUF7DA6aMEVjBUUp35wN5JtF

BTC:1PCTzvkZUFuUF7DA6aMEVjBUUp35wN5JtF
josephliton
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November 17, 2012, 07:14:56 AM
 #829

Our relationship in bitcoin is founded on mutual business and trust.

joshblum87
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November 18, 2012, 03:28:46 AM
 #830

I don't trust anyone.
nr
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November 18, 2012, 09:46:15 AM
 #831

I agree, do not trust anyone out there.
torac
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November 18, 2012, 09:20:24 PM
 #832

I trust everyone, here is take my wallet and keep it safe. Just joking. Smiley))

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I will donate 10% of all the money I make on this forum to bitcointalk.org staff. This is the correct, legit, smart course of action. - Dedicated servers for Counter Strike 1.6, Counter Strike: GO, CS:S, CSCZ, etc.


Whoever is not with me is against me, and whoever does not gather with me scatters.
hardcore-fs
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November 20, 2012, 02:38:11 AM
 #833

Again We can offer a suitable service:

Hardcore Retirement fund Escrow Paranoia suit Ltd: 1PCTzvkZUFuUF7DA6aMEVjBUUp35wN5JtF

for the fee of 1,000 Bitcoins we will ship to you a Paranoia protection suit consisting of:

A. 01 * Tinfoil hat.
B. 01 * Sterilization kit.
C. 10 * Bags of Portland cement protective body covering.

BTC:1PCTzvkZUFuUF7DA6aMEVjBUUp35wN5JtF
dank
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November 20, 2012, 02:42:02 AM
 #834

If you don't trust others, you don't trust yourself.  If you trust others, you can trust yourself and believe things will work out, and they will.  To trust is to stop dividing, to understand and uplift one another.

13oZY8zzWEp48XZpEEi8zSkYJF5AWR2vXc DMhYmNzMnU2Avgu7sF3GSDybHumj8XH8V8
Currently seeking plot of land to host 1,000,000+ person music festival
Dankmusic - Hear the impossible, feel the impossible, be the impossible dankmusic.org dankcoin.org
Werner
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November 20, 2012, 03:29:21 AM
 #835

If you don't trust others, you don't trust yourself.  If you trust others, you can trust yourself and believe things will work out, and they will.  To trust is to stop dividing, to understand and uplift one another.

you speak motivational, but is there influence?
lee
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November 20, 2012, 04:22:34 PM
 #836

Hey there everyone ,being a newbie and restricted to the newbie forum I'm a little unsure of where to post but using this thread seems appropriate.I was worried when first purchasing my Btc but found a member here and I should imagine familiar to some of the regulars Mick who is behind http://mjbmonetarymetals.co.uk/

Well after reading feedback about his site I took the plunge and ordered my btc,not only did I receive my btc as promised in a speedy manner but as im new to this he was generous enough to give simple walk throughs and advice on what to do.I cant recommend this guy enough for newbies like myself completely trustworthy and genuine trader.  Mick ,thanks for all your help and as I said you'll be getting plenty more business from myself ,you're a true gent.

 Lee
zc456
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November 20, 2012, 05:44:13 PM
 #837

I don't trust any online wallets but I have to deal with them for now until the official Bitcoin client finishes syncing. Thank the net it's finally at 98%.

Stay frosty!
Donate: 1L1A1zBuoZYiQVNFWGC4FyJ5LhCb
WebMaka
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November 20, 2012, 06:48:55 PM
 #838

"Online wallet" always struck me as synonymous with "give away your coins." If it's not in your physical possession, which in cryptocurrencies means if your wallet data isn't stored locally on a secured medium, you don't own it.
witek
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November 21, 2012, 02:31:07 AM
 #839

you got it right !

trust No One

call me No One  Grin
littlebit
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November 21, 2012, 04:15:04 AM
 #840

i watch the x-files too you guys
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