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Author Topic: Trust No One  (Read 161199 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.

"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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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.
epbaha
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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.
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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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