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Author Topic: Trust No One  (Read 161305 times)
Wekkel
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December 27, 2011, 10:46:09 PM
 #241

It's not 100% safe, but large BTC numbers go into my vault in a pristine VMWare Virtual Machine (with backup to DVD ROM). The small change from mining goes into the regular wallet on the host OS.

jjzm
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December 27, 2011, 11:30:41 PM
 #242

Mentally noted, thanks for the information!
DmanX
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December 29, 2011, 06:13:38 AM
 #243

I use a Linux on USB sticks with persistence to store and transact bitcoins. Using Linux Mint 11. It's a little slower than a HDD but not by much. And it's portable so I can transact just about anywhere provided that the host machine can boot from USB.
zainab783
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December 30, 2011, 03:22:20 PM
 #244

good sharing so thanks for it
zerostate976
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December 30, 2011, 11:09:52 PM
 #245

very good read
NeedMyWithdrawal
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December 31, 2011, 09:33:03 PM
 #246

Good advice. I learned my lesson from BTConTilt. This is the wild west--there's little accountability, and everyone's looking to make money.
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January 01, 2012, 03:52:32 AM
 #247

Seriously. Don't trust the exchanges, don't trust online wallet services, don't trust your anti-virus software, and don't trust anybody online.

Don't trust dacoinminster.  Wink

hardpick
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January 01, 2012, 06:17:55 AM
 #248

thanks for the information
Uncle Scrooge
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January 01, 2012, 10:01:15 PM
 #249

Stay vigilant don't get complacent.
jorlowitz
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January 02, 2012, 09:25:38 PM
 #250

Don't trust the exchanges.  That's such useful advice.  Bitcoin cannot be dependent on any third-party.  Liquidity is great, but not at the expense of the community's robustness.
devoblackflag
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January 05, 2012, 06:57:07 AM
 #251

thanks for the info!
BillGalaxy
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January 06, 2012, 02:06:08 AM
 #252

get trusted !
S. Omega
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January 06, 2012, 01:24:51 PM
 #253

Is this not called common sense?
shawnp0wers
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January 07, 2012, 05:57:12 PM
 #254

I'm trustworthy... No really.  Tongue
user97834
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January 08, 2012, 02:13:32 PM
 #255

It's unfortunate that we live in a world where you can't trust anyone anymore. You just have to be cautious. Bitcoin is no different than anything else in the real world.
qwertyegg
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January 09, 2012, 02:26:34 AM
 #256

I cannot agress you more lol Tongue
sherlockman
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January 09, 2012, 08:19:44 PM
 #257

Mybitcoin, bitcoin7, bitcoin.pl and all the other scammers.

Never trust your coins to anyone.

In BTC world there are no chargebacks like with FreakPal
Oracle24
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January 10, 2012, 02:52:05 AM
 #258

Good to know.
blandead
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January 11, 2012, 05:31:13 AM
 #259

So if you have your wallet encrypted with new method provided in new bitcoin client, and even put the datadir on an external drive that you power off/on only when you need to use the wallet. That is pretty safe right?
Hexadecibel
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January 13, 2012, 06:18:29 AM
 #260

Quote
So if you have your wallet encrypted with new method provided in new bitcoin client, and even put the datadir on an external drive that you power off/on only when you need to use the wallet. That is pretty safe right?

I have my main bitcoin savings wallet on a Virtual Machine running Ubuntu. The VM runs on an external SSD. I make transfers to this wallet once a month. The rest of the time the ssd is locked up in my safe deposit box in an ati-static bag. I keep two discs on hand with my backup encrypted .dat files.

my encryption pass-phrase is written down, and I keep that in my safe deposit box just in case I forget, or I get hit by a bus.
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