Trust No One

[btcdeep]

Just minimize risk, you can never eliminate it.

[secure_data]

Lot of scammers everywhere in this anonymous world... man must be very careful with choosing business partners, not for everyone

[aparigraha]

funny topic

[Jermainé]

Where's the love guys.? We gotta trust one another

[BlueCombWindow]

I just trusted BitMofo with 1 BTC but can't post in his thread yet lol I'm a super newb.

[chaut0]

Yes, the internet is far too 

[dickroast]

Yes, the internet is far too 

How far is it?

[bernlin2000]

This whole thing will never work if you can't trust the exchanges that you're poring money into. Mt. Gox, for example, is a place I think we can safely say IS safe, even if their registration requirements are a bit strict (need an id and proof of address). Other than them, though, I'm suspicious of everything.

[f6wgycbedb]

I just trusted BTCFPGA.com with a significant order paid in BTC.  I hope it works out... 

[bernlin2000]

Yes, the internet is far too 

How far is it?

Haha, sounds like they were trying to say the internet is general shouldn't be trusted.

[grishnakh]

Don't always trust yourself either. Especially when talking about money/investing. You are driven by emotions, which is bad.

[vphen]

don't trust online wallet services

even to Mtgox?

[dacoinminster]

don't trust online wallet services

even to Mtgox?

I only store bitcoins offline. I send money to MtGox or other exchanges in small amounts, and only for the length of time it takes to make a transaction and get my money out again.

You may choose to trust an online wallet service if you feel they are trustworthy. I will not trust ANY online wallet until bitcoins can be stored safely even when a hacker has complete access to them. For instance, if bitcoins could be marked as savings in the protocol and become non-transferable for a period of time selected by their owner.

[Osmose]

Verify, then trust sparingly

[KimJongChill]

Thanks for writing this, the advice given will help me to protect myself from theft.

[Hfleer]

This is true.  I used bitfloor originally, luckily i did not keep coin in their wallet.

[bernlin2000]

don't trust online wallet services

even to Mtgox?

I only store bitcoins offline. I send money to MtGox or other exchanges in small amounts, and only for the length of time it takes to make a transaction and get my money out again.

This gentleman knows what's going on. I don't store bitcoins offline myself because I prefer to keep my money in USD (it's a bit more useful  ), but it would be cool to see the internet in general start accepting bitcoins as a payment method. I think once Amazon allows the use of bitcoins an offline wallet will be a very good idea. Until then, I rarely keep bitcoins from one day to the next (unless you count amounts less than half a bitcoin, leftover from transactions)

[andone]

Offline walet is very recomended i think

[BlackHeartFund]

Good advice. Is there a resource that lists trusted operators?

[QuantumKiwi]

Yeah trust NO ONE. INCLUDING THE TROLLS ON THIS FORUM.