Author

Topic: Flexcoin Payouts. (Read 1751 times)

member
Activity: 60
Merit: 10
April 23, 2012, 08:54:53 AM
#5
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is Flexcoin a safe way to hold bitcoin?
Flexcoin is as safe as we can make it. We're constantly auditing code and looking for holes.

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Probably as safe as every other web-based wallet: you are trusting the site owner, and the security he/she can provide. And also he/she can run anytime with your money.
True, and this is the same argument I faced over and over by the pitchfork wielding masses when I took over Flexcoin last month. I'm not going anywhere.

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IMO a little less safe. With Blockchain.info, Ben doesn't have access to your funds afaik.
As far as you know? I'll tell you straight out that Flexcoin has access to your coins.



R-
full member
Activity: 238
Merit: 100
Pasta
April 23, 2012, 02:25:38 AM
#4
is Flexcoin a safe way to hold bitcoin?

Probably as safe as every other web-based wallet: you are trusting the site owner, and the security he/she can provide. And also he/she can run anytime with your money.

IMO a little less safe. With Blockchain.info, Ben doesn't have access to your funds afaik.
hero member
Activity: 812
Merit: 1006
April 23, 2012, 02:16:31 AM
#3
is Flexcoin a safe way to hold bitcoin?

Probably as safe as every other web-based wallet: you are trusting the site owner, and the security he/she can provide. And also he/she can run anytime with your money.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
April 22, 2012, 11:16:44 PM
#2
is Flexcoin a safe way to hold bitcoin?
member
Activity: 60
Merit: 10
April 22, 2012, 10:27:27 PM
#1
Flexcoin clientele may have noticed that they didn't get their monthly payout for the month of March, on April first. Rest assured that we still have all the coins. A bug was discovered in the payout system which caused the payouts not to go out. On the first of May 2012, Flexcoin will issue a payout for the two months prior. Regular Flexcoin payments will resume June 1st 2012.

We apologize for any inconvenience.
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