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Author Topic: Trust No One  (Read 161202 times)
JizzBeard
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February 16, 2012, 01:49:16 AM
 #321

Thanks for the helpful tips Cheesy
Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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TheHeroMember
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February 16, 2012, 06:59:13 AM
 #322

I don't trust anyone anyway.

Words to live by...

Amen brother!

+1

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February 16, 2012, 12:33:03 PM
 #323

ok got it Grin
TheHeroMember
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February 17, 2012, 11:33:33 AM
 #324

ok got it Grin
Very Good .  Smiley

Hey Guys! WWW.FREEBITCOINS.ORG introduces "Epic December Contest" where you can Win Sweet Casascius Coins !!!
Liam W
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February 17, 2012, 11:58:15 AM
 #325

This is a thing that people should 'Just Know', but they don't. Would you give a password out to someone you don't really know? Of course not! This is just basic sense. People should already know this......

Liam
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February 17, 2012, 02:04:39 PM
 #326

Thanks for the helpful tips Cheesy

+1

tahoda
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February 17, 2012, 08:30:35 PM
 #327

Thanks for the helpful tips Cheesy

+1
joshv06
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February 19, 2012, 03:50:15 AM
 #328

I will not trust anyone but myself :p

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February 19, 2012, 10:55:12 AM
 #329

It is rather obvious that nobody should trust nobody online,but if you're paying with reversible money for noreversible money,then why not?Smiley

th3.r00t
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February 19, 2012, 05:43:26 PM
 #330

It is rather obvious that nobody should trust nobody online,but if you're paying with reversible money for noreversible money,then why not?Smiley
I'm with you brother! Smiley

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waterboyserver
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February 20, 2012, 01:48:52 AM
 #331

Well there could be people/services out there that may be honest with their practice on bitcoin trading, but how do you know who/what is trustworthy? Are there any good trading services that offers a form of insurance to its customers?
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February 20, 2012, 02:15:10 AM
 #332

You can trust banks though, right?
waterboyserver
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February 20, 2012, 02:34:35 AM
 #333

The issue of trusting a bank differs from trusting bitcoin in many ways. The most obvious being government oversight in monitoring the "flow of money," needless to say there are established laws on how to regulate the flow of money in a financial system. Bitcoin lacks this sense of a "regulatory mechanism" and replaces it with us users. Whether this is good or bad I cannot tell, yet many people argue both ways.
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February 20, 2012, 04:05:33 AM
 #334

The issue of trusting a bank differs from trusting bitcoin in many ways. The most obvious being government oversight in monitoring the "flow of money," needless to say there are established laws on how to regulate the flow of money in a financial system. Bitcoin lacks this sense of a "regulatory mechanism" and replaces it with us users. Whether this is good or bad I cannot tell, yet many people argue both ways.

Agree +1

Hey Guys! WWW.FREEBITCOINS.ORG introduces "Epic December Contest" where you can Win Sweet Casascius Coins !!!
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February 20, 2012, 08:44:01 AM
 #335

Nice Post, it would helpful for me for online online transactions.
thanks for sharing
Vernon715
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February 20, 2012, 01:32:20 PM
 #336

How secure is Mt. gox? Are they the most secure of the online currency converters?

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pastory99
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February 23, 2012, 09:15:17 AM
 #337

Thanks for the advice!
j4c300
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February 24, 2012, 05:54:34 AM
 #338

How secure is Mt. gox? Are they the most secure of the online currency converters?

They were hacked a while ago, so idk.
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February 25, 2012, 12:06:01 PM
 #339




Edit http://www.treasury.gov/resource-center/faqs/Currency/Pages/legal-tender.aspx Apparently private businesses in the US are not required to accept cash, but it would definitely be a step towards their credibility in my opinion.  Since fraud with legal tender is a federal offense and raises the stakes quite a bit for criminals.


Excellent link above; Never new United States notes existed.
coinuser4000
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February 27, 2012, 02:43:27 AM
 #340

I have to agree...

Also a side not, DONT BUY from OTC-FOYER....

Scammers sit in the foyer and get you before you get into the real chan, i lost 200$ by sending a scammer that as a "gift" via paypal. i thought i was safe but not in foyer!!

-v


Implementing widespread use of WOT would go a long way toward weeding out the casual scammers. It's still possible to game the system but it takes a lot of work. In my experience most scammers just don't want to work that hard. That's why they're scammers....

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