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Topic: Absolutely love Bitcoin! - page 2. (Read 2269 times)

legendary
Activity: 1708
Merit: 1010
June 18, 2011, 11:16:28 PM
#13
I believe the hackers are working on a way to decrypt the wallet file using trojans/malware...


RULE: if YOU can access it, then THEY can access it.

Well, yes and no.  Once the wallet.dat file is encrypted as a standard operating procedure, there will be a piece of data that does not reside upon your hard drive for a trojan to find.  Namely your secred key/passcode.
newbie
Activity: 11
Merit: 0
June 18, 2011, 12:28:48 PM
#12
Bitcoin will have a great future, when it becomes available on smartphones. Mobile payment is the future I guess.
newbie
Activity: 14
Merit: 0
June 18, 2011, 11:24:29 AM
#11
I don't like sending bitcoins to an anonymous address without a name attached. If you send it to a wrong address, you can't reverse it.

Doesn't Bitcoin bounce back the transaction if you make a typo in the address?

The likelihood of a mistyped address being valid is tiny.



Not if you ctrl+c , ctrl+v, without the ctrl+c registering. It's too long to type by hand, so ctrl+c/ctrl+v is your main source for inputting addresses.

One address is easy to check with your eyeball.
10 addresses is a little more complicated.
and if THEY send you an incorrect address from an address that was stored from THEIR previous transaction, even though it's THEIR fault, YOU lose your bitcoins.

Good point. Maybe the devs could add some confirmation checking to the transaction process. Like a confirmation screen that shows your past history with the address you're sending to so you can verify it before completing the transaction.
hero member
Activity: 616
Merit: 500
June 18, 2011, 11:20:34 AM
#10
I believe the hackers are working on a way to decrypt the wallet file using trojans/malware...


RULE: if YOU can access it, then THEY can access it.
hero member
Activity: 616
Merit: 500
June 18, 2011, 11:17:41 AM
#9
I don't like sending bitcoins to an anonymous address without a name attached. If you send it to a wrong address, you can't reverse it.

Doesn't Bitcoin bounce back the transaction if you make a typo in the address?

The likelihood of a mistyped address being valid is tiny.



Not if you ctrl+c , ctrl+v, without the ctrl+c registering. It's too long to type by hand, so ctrl+c/ctrl+v is your main source for inputting addresses.

One address is easy to check with your eyeball.
10 addresses is a little more complicated.
and if THEY send you an incorrect address from an address that was stored from THEIR previous transaction, even though it's THEIR fault, YOU lose your bitcoins.
newbie
Activity: 49
Merit: 0
June 18, 2011, 11:09:03 AM
#8
I'm worried about the wallet file too. It should be encrypted with a password you have to enter to access it.

In the future it would be nice to have the wallet file stored in a smart card that you can keep in your purse.

I believe the developers are working on a way to encrypt the wallet file...
newbie
Activity: 14
Merit: 0
June 18, 2011, 11:07:42 AM
#7
I don't like sending bitcoins to an anonymous address without a name attached. If you send it to a wrong address, you can't reverse it.

Doesn't Bitcoin bounce back the transaction if you make a typo in the address?

The likelihood of a mistyped address being valid is tiny.
newbie
Activity: 14
Merit: 0
June 18, 2011, 11:04:07 AM
#6
I'm worried about the wallet file too. It should be encrypted with a password you have to enter to access it.

In the future it would be nice to have the wallet file stored in a smart card that you can keep in your purse.
hero member
Activity: 616
Merit: 500
June 18, 2011, 10:53:31 AM
#5
I am a computer scientist and seen too many hardware failures in my lifetime to trust bitcoins. I don't like the fact that you can never ever get your bitcoins back if you lose your wallet or lose track of the most uptodate file.

You can't memorize them, they're too long. Copying them by pen takes too long.

Also, you already know I'm the laziest person on Earth. I do not like making copies of wallets, encrypting/decrypting, updating your backs ups, worrying about losing the file every single time I want use a bitcoin!

I am not confident in the security of a wallet.dat that roommates/family members/visitors can locate and steal your money just by looking for that file name by using your computer while you're in the shower. They should let you change the name of the file so that people and malware don't know what to search for. Do not include common words in the wallet.dat file and finding that file by search will be as hard as thinking of a valid bitcoin off the top of your head.

I don't like sending bitcoins to an anonymous address without a name attached. If you send it to a wrong address, you can't reverse it.

I LOVE the idea of being able to send anonymously, and I think it's an absolute to keep anonymous, BUT you should be able to create an account that is not shady and completely traceable so that if I purchase something, I can prove that the person I sent bitcoins to got them. Otherwise, they can say they never received them!


Lastly, I don't like fees. Fuck fees.


That's about it.
member
Activity: 84
Merit: 10
June 18, 2011, 10:36:32 AM
#4
Hopefully Bitcoins will be worth millions by 2020 Samantha!  Cool   Shocked
newbie
Activity: 14
Merit: 0
June 18, 2011, 10:28:48 AM
#3
Is there any way to measure the unique user adoption rate?
newbie
Activity: 20
Merit: 0
June 18, 2011, 10:18:08 AM
#2
The more people to get to know, and to love, bitcoin, the better the chances are that that's gonna happen Wink
newbie
Activity: 14
Merit: 0
June 18, 2011, 10:14:05 AM
#1
I've been reading all about how Bitcoin works and I think it's an absolutely awesome idea. I'm an IT student and I'm doing an assignment on public key encryption so I'm using Bitcoin as an example.

Hopefully we're all trading with BTC in 2020!
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