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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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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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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