twelph
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April 03, 2013, 05:42:41 PM |
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I don't trust people who tell me to trust no one  |
Trustworthy Buyers: TTBit
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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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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Gruu
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April 03, 2013, 06:27:47 PM |
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The only service you can really "trust" (at least relatively) are the massive ones (like mtgox).
But even then, banks in the real world get "too-big-to-fail". It's a good thing these currencies are decentralized so that doesn't happen: a service provider will fail or it won't.
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aslam287
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April 03, 2013, 06:43:22 PM |
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Thanks, appreciate your help.
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Wompaone
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April 03, 2013, 06:53:07 PM |
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Advice to live by "Trust no one, except your own mum"
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aslam8798
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April 03, 2013, 06:53:51 PM |
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Thanks for this post. I've been wondering about safety myself. I got contacted by someone that said to create a wallet on their site and thought wait if it's their site cant they easily have access to the wallet themselves? So once I start using it one day my bit coins can be transferred out of it?
I decided to go the download a wallet method so I can keep track myself.
I still don't understand how miners are created so I will be doing some more reading here.
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aslam8776
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April 03, 2013, 07:30:24 PM |
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I am running bitcoind behind two router with firewall enabled. I see some dropped TCP connection requests to port 80 and 443 to my computer. I wonder if it was caused by bitcoind somehow. I don't have these ports open. How they got behind routers?
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Gurthang
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April 03, 2013, 08:07:51 PM |
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X-files.... Best series ever!
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knybe
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April 03, 2013, 11:47:11 PM |
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Mulder!
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KK0156
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April 04, 2013, 12:38:33 AM |
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kkkkk
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goldway90
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April 04, 2013, 01:51:18 AM |
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very true  |
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Regenmacher
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April 04, 2013, 02:06:53 AM |
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You're saying.. 'Do you know their full name?" and that kind of things. But aren't Bitcoins supposed to be anonymous? So that doesn't really make any sense..
yep thats right i guess |
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chrebel
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April 04, 2013, 04:02:55 AM |
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Trust me. Dont trust anyone. This statement is false.
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TreePot
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April 04, 2013, 04:34:44 AM |
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Dont even trust your closest friends, talking by experience...
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LaikiVictim
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April 04, 2013, 07:06:19 AM |
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if european banks cant be trusted, whats is left to say..
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AEPropMgmt
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April 04, 2013, 12:18:28 PM |
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A security plan is a must with Bitcoin...
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refta
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April 04, 2013, 12:36:36 PM |
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What's the point of bitcoin if you have to be so paranoid?
I put this post in the Newbies area for a reason  I believe that bitcoin will someday be orders of magnitude more secure (and more valuable). If you buy bitcoins now, you are an early adopter getting in while prices are cheap and betting that security and utility will improve. In the meantime, yes, you must be absurdly paranoid. These websites cannot be trusted any more than you absolutely have to. To actually hold onto your coins long enough for your investment to pay off, you need to push the paranoia up to the tinfoil-hat level. This is the price of being an early bitcoin adopter. thanks. its an eye opener |
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mattjenkins
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April 04, 2013, 12:51:00 PM |
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Duly paranoided.
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liberty90
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April 04, 2013, 02:24:07 PM |
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Trust me. Dont trust anyone. This statement is false.
Interesting paradox ; D |
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bassclef
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April 04, 2013, 03:10:14 PM |
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Not even my wife? Especially not your wife!!  |
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PhObOs
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April 04, 2013, 04:33:28 PM |
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Not even my wife? Especially not your wife!! If she sees this, you'r done  |
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