I only transfer to coin to an exchange to cash out. Bitfinex supposedly had all the coins that were stolen in cold storage so explain that.
They weren't in cold storage, Bitfinex had 120k Bitcoin in essentially a hot wallet.
Topic: Bitcoin is fundamentally broken and unviable in current form - page 4. (Read 2280 times)
They weren't in cold storage, Bitfinex had 120k Bitcoin in essentially a hot wallet.
Bitcoin is broken because third parties continuously fail to secure their private keys and thus can't make good on their IOUs?
If you say so.
If you say so.
I only transfer to coin to an exchange to cash out. Bitfinex supposedly had all the coins that were stolen in cold storage so explain that.
The security breach at Bitfinex is just beyond the pale. No online wallets/businesses are trustworthy. I can't with a clear conscience recommend that anybody invest in or hold cryptocurrency until the community puts an end to the rampant theft.
I'm slow, and overdue, but now taking all my coins offline to a cold wallet, and not coming back until there is some fundamental change in security protocols, such that I will never risk suffering a 100% loss like some have experienced at Bitfinex. **I didn't have a btc balance at bfx at the time of hack, but I only got lucky.
I'm slow, and overdue, but now taking all my coins offline to a cold wallet, and not coming back until there is some fundamental change in security protocols, such that I will never risk suffering a 100% loss like some have experienced at Bitfinex. **I didn't have a btc balance at bfx at the time of hack, but I only got lucky.
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