Whik
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March 22, 2013, 06:16:28 PM |
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Good stuff here. I'm realizing more and more that I'm not nearly secure enough with my BTC stash.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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AntonAbi
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March 23, 2013, 12:32:54 PM |
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AREN'T YOU COLD!!!!
Ha ha ha... fifth post.
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czdano
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March 23, 2013, 12:41:58 PM |
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well...you send a coin and hope to get something in return....or vice-versa.
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420budlane
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March 23, 2013, 12:48:49 PM |
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good!  |
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sharon
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March 23, 2013, 12:54:12 PM |
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I cannot agress you more lol  |
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Phylli-Menke
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March 23, 2013, 01:07:49 PM |
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I'd like to add Trust no-pc either. I don't know how, but in the last 3 o 4 days somebody cracked my e-mail password and requested a password recovery from Deepbit, then changed the Reward Address... I've lost almost 1BTC, until I realize what happened.
Therefore, don't trust any other pc than yours, and eventually check your payments address...
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noliver3
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March 23, 2013, 01:12:51 PM |
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Thanks, very interesting thread!
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hmmdlp
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March 23, 2013, 01:22:51 PM |
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I'm good at that most of the time, but when I slip up !!!!
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mannsurjit
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March 23, 2013, 01:34:14 PM |
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Nice Post, it would helpful for me for online online transactions.
thanks for sharing
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rayallen
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March 23, 2013, 01:39:39 PM |
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Nice post dacoinminster and I agree with most of your points, though I believe that there are levels of trust. All depends on the "volume". I wouldn't go to the supermarket carrying 10000 euros on me so the same goes with Bitcoin... I wouldn't use the "big" (or "savings" if you prefer) wallet to make transactions all over the internet. A hosted wallet service is quite OK as well, if you use it for "pocket money" transactions.
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Sojyujai
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March 23, 2013, 02:26:30 PM |
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Thanks for the good advice.
I've been trading bitcoins on #bitcoin-otc. The web-of-trust which is a very useful way to gauge another users trustworthiness, but it's worth the reminder that even that is not foolproof.
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gadexx
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March 23, 2013, 04:00:59 PM |
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thanks for your advice  |
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JoroBo
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March 23, 2013, 04:01:26 PM |
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BTC is based on a leap of faith, if you trust no one - don't use it Although I don't see why you should trust any fiat currency more than BTC... |
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buffyleo881
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March 23, 2013, 05:41:21 PM |
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BTC is based on a leap of faith, if you trust no one - don't use it Although I don't see why you should trust any fiat currency more than BTC... So True! |
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Stacy_Santiago
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March 24, 2013, 12:46:58 AM |
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A lot of people will learn this the hard way with BTC, especially as more and more ordinary Joes start using it
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Lillian_Salinas
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March 24, 2013, 12:50:42 AM |
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+1 for this post. Very informative. Thanks.
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pat
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March 24, 2013, 12:54:23 AM |
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Yea Trust No One! Not even yourself untill you really know you
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balaala
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March 24, 2013, 12:57:48 AM |
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I will not trust anyone but myself |
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sahin
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March 24, 2013, 01:00:39 AM |
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Thanks for all the helpful tips!
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kmalacath
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March 24, 2013, 01:04:14 AM |
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Very Good .
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