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Author Topic: Trust No One  (Read 161209 times)
blackorder
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March 06, 2013, 11:51:03 PM
 #1381

Goes for online and offline in life.
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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1715031401
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eulsfqpd
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March 06, 2013, 11:55:18 PM
 #1382

you can always use escrow if you need it...
jopeto
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March 07, 2013, 12:00:01 AM
 #1383

you got it right !

trust No One

call me No One 
GAME007
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March 07, 2013, 12:05:46 AM
 #1384

ya, like is the lack of trust why we have to post in the newbie section before we can reply to the thread that lead us to the sight?  Wow, it took me 3 months to figure that one out.   But this seems to be that place to be to hook up with fellow bitcoiners!
Dominick
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March 07, 2013, 12:10:29 AM
 #1385

i dont even trust myself
miguel
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March 07, 2013, 12:14:12 AM
 #1386

Thanks for the warning. Always good to be cautious.
twins
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March 07, 2013, 12:26:28 AM
 #1387

It certainly makes you think!
prakriti
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March 07, 2013, 12:31:08 AM
 #1388

Bitcoins are too easy to steal.   Then when somebody has them, they're gone!  Never trust anonymous people on the internet.  Even people that you can ID will rip you off sometimes.
overrisk99
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March 07, 2013, 12:36:17 AM
 #1389

Topic cannot be stressed enough.
johnnysly
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March 07, 2013, 12:40:02 AM
 #1390

Some of us have found that out the hard way.
Charles Ponzi
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March 07, 2013, 12:44:56 AM
 #1391

I guess the best way for a newbie to start selling is if he/she agrees on the terms of the buyer, let it be escrow, sending the goods first, and so on. Hopefully the "community" eventually indeed lets others use the market here as well, to be able to convert assets to BTC.
sammy33
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March 07, 2013, 12:51:02 AM
 #1392

good to know.
bitjoint
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March 07, 2013, 12:56:28 AM
 #1393

My pass usually is 1234

Is that secure enough?   Grin
mima232
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March 07, 2013, 01:02:35 AM
 #1394

Thanks for the info xD
fencxwegr
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March 07, 2013, 01:07:14 AM
 #1395

Thanks for all the helpful tips! Don't even trust yourself   Smiley
rack
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March 07, 2013, 01:11:55 AM
 #1396

thanks for the information
SublimeSilence
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March 07, 2013, 01:55:26 AM
 #1397

I lost my bitcoins to my own stupidity of forgetting my passphrase Sad
Heathrow
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March 07, 2013, 05:03:33 AM
 #1398

For instance, your password clue file might say:

My standard password + My throwaway password (backwards, all caps) + &#$%@ + First two sentences of first paragraph of page 19 of my favorite book (include all capitalization and punctuation) + My wife's mother's middle name + My son's favorite superhero + My favorite number times 8734 + food my wife hates (backwards, all caps) + 9-digit number stored with my paper will + 10-character password stored in my safety deposit box + . . . .

My god that is excessive.

When I create passwords, I find a quotation or sentence I like (perhaps from a graphic novel).  Then I memorize it.  Suppose the sentence I memorize is (taken, with slight modification, from _The Legend of Zelda: Hyrule Historia_):

"With a single swing of the sword, the goddess Hylia rent the Earth."

Then my base password would become: WassotstgHrtE.

From here, I might add some other symbols (from a standard set I frequently use).

11WassotstgHrtE11

In any case, you get the idea.  Easy to remember.  Damn secure.  And not some complicated mess of nuthattery. =)

Also, get an Iron Key.

cindelle
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March 07, 2013, 05:35:52 AM
 #1399

with bitinstant no longer doing the cash to bitcoin address ive had to find more vendors and so far ive been very lucky with not having anyone rip me off yet.
ImperatorGabriel
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March 07, 2013, 10:55:34 AM
 #1400

Trust nobody!!! OK!
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