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LiteCoinGuy
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March 01, 2014, 12:51:38 AM
 #41

keep most of your coins on an online wallets with no 2 factor and crappy password.

sent money to an insolvent exchange to get some cheap coins.

never install or update your antivirus and download crappy stuff like dogecoin.

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Xubu
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March 01, 2014, 01:39:32 AM
 #42

I you wanna trade, you have to use an exchange. So it could happen to any of us. Imagine you had all your BTC on Gox? I would drive crazy. I saw some members of the community organized an action to support the Mt. Gox victims. http://www.solidarity4mtgoxvictims.com:800/

When i trade i use BTC-e.com. Do you guys think this exchange is safer?


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dynodog
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March 01, 2014, 04:34:34 AM
 #43

For those who don't want to read the text:

1. Keep your bitcoins on your wallet, not a online one.
2. Preferably on a cold wallet.
3. Split the bitcoins into multiple wallets for more security if needed.

the lesson will be that the general public won't get into something when these two elements are met (1) they don't understand it and (2) now realize that there is a distinct chance of losing their money, not bc of the volatility, but by a theft, fraud and/or negligence which they do not understand either.
Nathonas
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March 01, 2014, 04:49:52 AM
 #44

So in other words, do all the same things that people have been telling you to do countless times now. I only got into bitcoin in Nov. of last year but I made 100% sure to reduce any chances of losing my bitcoins BEFORE I made my purchase. I learned about wallets, exchanges, etc. It sucks but the people who lost the most from this were willfully ignorant of the knowledge.

All we have to decide is what to do with the time that is given us.
Beef Supreme
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March 01, 2014, 05:02:43 AM
 #45

Agreed.  Even after the theft, within one minute of talking to someone about what happened at Gox I can gauge how much they know about BTC the protocol.

1.  They mispronounce it BIT CON, not to be sarcastic either.
2.  They say "Its too bad those bitcoins didn't work."  What?
3.  They refer to BTC as "Something drug cartels came up with to facilitate drug deals and launder money."

When Tulips come up I feel like wringing someone's stupid, ignorant neck, really.  And the concept of "buying power" and how it relates to deflationary vs inflationary currency is just straight up too difficult for some people to comprehend.
justusranvier
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March 01, 2014, 05:12:29 AM
 #46

Agreed.  Even after the theft, within one minute of talking to someone about what happened at Gox I can gauge how much they know about BTC the protocol.

1.  They mispronounce it BIT CON, not to be sarcastic either.
2.  They say "Its too bad those bitcoins didn't work."  What?
3.  They refer to BTC as "Something drug cartels came up with to facilitate drug deals and launder money."

When Tulips come up I feel like wringing someone's stupid, ignorant neck, really.  And the concept of "buying power" and how it relates to deflationary vs inflationary currency is just straight up too difficult for some people to comprehend.
This is all very good.

The world will be a better place the fewer Bitcoins people like that end up holding. The future does not belong to them.
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