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Author Topic: Alternative Block Chains : be safe!  (Read 152567 times)
MakeBelieve
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February 20, 2014, 12:56:46 PM
 #101

Using altcoins will never be safe, cause it's almost impossible to analyse all the code, best effort would be to understand the risk and be ready for trouble.

Bitcoin once was like that and now look at what it has become.

On a mission to make Bitcointalk.org Marketplace a safer place to Buy/Sell/Trade
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triplexoid
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February 25, 2014, 08:16:51 AM
 #102

Is there some list of indicators that certain altcoin is scam and other is not? (Except Premining, and Instamining?)

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SkillRoad
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March 07, 2014, 08:16:13 AM
 #103

Is there some list of indicators that certain altcoin is scam and other is not? (Except Premining, and Instamining?)

You'll never know it's a scam or not, it all depends on the integrity of the developer. code also needs to be well analyzed for invulnerability
666#666
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March 29, 2014, 02:40:14 AM
 #104

first time to reply on a post written by hero member,  it's my honor

vishi_tup
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April 02, 2014, 11:54:09 AM
 #105

Is there some list of indicators that certain altcoin is scam and other is not? (Except Premining, and Instamining?)

There are more shitcoins than scam coins nowadays. Someone finds an idea, fork a coin and call it revolutionary, 3rd gen, 4th gen.. Take the case of Auroracoin, spaincoin, siliconvalley coin, hongkong coin.
andyge
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April 13, 2014, 03:53:01 AM
 #106

It is not wrong to be conservative. The possibility is that people miss a lot of fun and chances of profit by adopting this attitude. Specifically, it is right not to install risky software on real personal computer.
Agree, if so, our computer is easy to be attacked, that all the things we are not protected by computer, there are risks of leakage and the attack. This feel alarmed might as well give up this coin, the author will certainly consider this, hope to be able to improve technically perfect his. Let the fans can rest assured.

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yadan86
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April 13, 2014, 03:08:13 PM
 #107

Is there some list of indicators that certain altcoin is scam and other is not? (Except Premining, and Instamining?)
no ,but you can  make one  Smiley
amay
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April 13, 2014, 05:22:09 PM
 #108

will traded in China's big market soon. https://bitcointalk.org/index.php?topic=567318.msg6180492#msg6180492
quarkfx
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May 05, 2014, 10:49:01 AM
 #109

Is there some list of indicators that certain altcoin is scam and other is not? (Except Premining, and Instamining?)

Even Bitcoin is premined.

P.S.: Polemic intended
JasonCroper
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May 11, 2014, 03:07:08 AM
 #110

It is the best thread I have readed in the forum. There is too much scams here. Thanks for your post.

TheSmurfscoin:TqrjJaE1Sx7bH7pAYq8d9LquUFLfJFuB5s
JPred
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May 27, 2014, 05:56:34 PM
 #111

I don't know much about technicalities of blockchain safety, but want to say after seeing legions of new coins arising: "may the best coin(s) win!" , whenever that will be known - somewhere in the future Wink

FREEDOM
kiki6990
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June 04, 2014, 10:03:57 AM
 #112

Using Google Authenticator as a 2way authentication for exchangers will keep you out of trouble, and your coins will be safe. As for the wallets, they have to be kept on a clean PC wich is not used for mining, with a solid antivirus, used with caution when downloading anything new.
It`s an honour for me too to reply on a hero member`s thread!:)

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zhengqi
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June 08, 2014, 04:19:37 PM
 #113

Thank you for warning!

Teddy COIN -15%Free+75%IPO,Let's talk about Teddy. TnfsybijP8juigUB3DYW73Em9rLkqdkFpU
Ashbite
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June 12, 2014, 12:31:06 PM
 #114

Always safety first people! You dont want to lose all your BTC's.
Google authenticator - Clean PC - antivirus - and make very difficult passwords you only save on a piece of paper.
sile16
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June 24, 2014, 02:41:17 AM
 #115

dedicate a computer for just use with crypto, don't use for general purpose browsing...  or posting to BTT..
buy4crypto
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July 09, 2014, 01:45:40 AM
 #116

Good read. Security should always be a top priority with crypto currency.

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mtomcdev
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July 28, 2014, 03:16:43 PM
 #117

These are really good points from Gavin, thanks!

The problem altcoins and new block-chain still have place in the digital currency scene as they address issues that bitcoin don't or do (or at least try to do) certain things more efficiently. Like shorter confirmation time or smart contracts.
griffga
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August 03, 2014, 08:52:16 PM
 #118

I really appreciate this thread! Also, if you have mining equipment, don't use a wallet on the same machine. I basically don't have anything on my mining computers except a bare OS and the actual mining software.
BIT-Sharon
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August 28, 2014, 08:07:24 AM
 #119

I realize this may be perceived as "Gavin is FUD'ding anything that isn't bitcoin!"  (FUD == Fear, Uncertainty and Doubt)



I would say you nailed this one bullseye with one shot. I think your real concern isn't our "safety" it's yours. Sooner or later one of these alt-chains are going to replace Bitcoin if Bitcoin doesn't do some seriously needed updating and improvements.

You know it, I know it and so does everyone else.

Sometimes the truth isn't all warm and fuzzy, sometimes it's just plain brutal.

+1

I think the updating and improvements of Bitcoin has referred to some commercial value like Bitpay which the bitcoin is commitment to keep secure and more valuable, indeed, the payment of Bitpay has become popular in North American such as Newegg in Canada.
From Above
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September 08, 2014, 10:33:48 PM
 #120

I realize this may be perceived as "Gavin is FUD'ding anything that isn't bitcoin!"  (FUD == Fear, Uncertainty and Doubt)



I would say you nailed this one bullseye with one shot. I think your real concern isn't our "safety" it's yours. Sooner or later one of these alt-chains are going to replace Bitcoin if Bitcoin doesn't do some seriously needed updating and improvements.

You know it, I know it and so does everyone else.

Sometimes the truth isn't all warm and fuzzy, sometimes it's just plain brutal.

+1

I think the updating and improvements of Bitcoin has referred to some commercial value like Bitpay which the bitcoin is commitment to keep secure and more valuable, indeed, the payment of Bitpay has become popular in North American such as Newegg in Canada.

is the Newegg rly that popular in Canada bro ?

~CfA~

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