Illogic Paradox | Bitcointalksearch.org

shulio

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Quote from: Kakmakr on May 18, 2015, 04:22:44 AM

You would be stupid to keep all your BTC in one wallet. Keep those coins seperated in smaller amounts on paper wallets not linked to each other. If you look at my address, you would not see any links to any of my other paper wallets. Just use cold storage for the bigger amounts and you will be safe. ^puzzled^

Spreading it will make it a bad idea for some person that has some problem to remember things. If you use mixer to keep all your bitcoin in one paper wallet that people will not be able to track it anymore. One paper wallet is enough to keep your entire btc to be safe

Kakmakr

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You would be stupid to keep all your BTC in one wallet. Keep those coins seperated in smaller amounts on paper wallets not linked to each other. If you look at my address, you would not see any links to any of my other paper wallets. Just use cold storage for the bigger amounts and you will be safe. ^puzzled^

mezzomix

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Quote from: Phat Buzz Tart on May 15, 2015, 06:03:46 AM

I still believe that nothing beats paper wallets.
All you have to do is just make sure they are stored in a safe location.

If you are climbing, hiking, diving or hacking a cloud service you might find copies of my "paper" wallet. But finding a copy will not give you (access to) the money. Wink

Kyraishi

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Quote from: moni3z on May 16, 2015, 08:43:49 PM

Indeed, Hal Finney's poor wife was harassed by some blackmailing scumbag for a year once he wrote here that he still had many of the original bitcoins from the early days of mining so don't let anybody know you have a small fortune in coins to avoid this. http://www.wired.com/2014/12/finney-swat/

I had no idea that, that happened before I read your post.
Some people would do anything to satisfy their love for money.

shulio

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Quote from: Redones on May 16, 2015, 08:07:39 PM

because in moste case haker couldent steal your machine,but if he does that all safe places will be broken.

You dont make sense. Not in most case but it is the same for all case because a hacker is a hacker, you could use some dictionary to know the meaning of hacker and a thief. Hacker dont steal your machine/hardware or whatever it is but only crack your password and the other things from behind the scene.

neoneros

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When there is value there is risk, no matter where you store it, if people know it is there, some might try to get to it, the more there is the harder they will try. Goes the same for Bitcoin as to any asset with value. Though Bitcoin, if kept right is far more secure than your bank account, there are ways to get to it, just the same as they get to your bank account, the methods are numerous, but the risk at the moment is still very low, the more it will be mainstream, the more it will be targetted.

moni3z

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Indeed, Hal Finney's poor wife was harassed by some blackmailing scumbag for a year once he wrote here that he still had many of the original bitcoins from the early days of mining so don't let anybody know you have a small fortune in coins to avoid this. http://www.wired.com/2014/12/finney-swat/

MicroGuy

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Quote from: Redones on May 16, 2015, 08:07:39 PM

I dont know but i think in most reply you didn't understand what i wanna speaking for.
like replys where i found "that why there are password"password is nothing,any password can be broken in few seconde, the great security methodes are those in relation with you machine like (detection IP,2fA 'you browser'.....) because in moste case haker couldent steal your machine,but if he does that all safe places will be broken.

This reminds me of the recent Bill Cosby interview.....

https://www.youtube.com/watch?v=8Y45Y-41DcY

Lauda

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Quote from: Redones on May 16, 2015, 08:07:39 PM

I dont know but i think in most reply you didn't understand what i wanna speaking for.
like replys where i found "that why there are password"password is nothing,any password can be broken in few seconde, the great security methodes are those in relation with you machine like (detection IP,2fA 'you browser'.....) because in moste case haker couldent steal your machine,but if he does that all safe places will be broken.

You aren't making much sense here. I suggest using google translate; it should yield better results than this.
Are you talking about a hacker gaining physical access to your machine? Well then the only safety would be HDD/SDD encryption.
Besides passwords are often stolen via keylogger, rather than being broken.

Redones

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I dont know but i think in most reply you didn't understand what i wanna speaking for.
like replys where i found "that why there are password"password is nothing,any password can be broken in few seconde, the great security methodes are those in relation with you machine like (detection IP,2fA 'you browser'.....) because in moste case haker couldent steal your machine,but if he does that all safe places will be broken.

Jeremycoin

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That's why you need to set a password Grin

and separates your Bitcoins to various wallets, so you won't loose so much Bitcoins if someone stole your PC Wink

manselr

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OP just doesn't make sense.

You could put a couple kg's of gold worth a million dollars in a couple garbage bags worth less than 1 dollar and store it on there.
Who cares how much the recipient it's worth it?

shulio

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Quote from: NUFCrichard on May 15, 2015, 07:36:34 AM

Quote from: shulio on May 15, 2015, 07:16:11 AM

Quote from: Redones on May 15, 2015, 04:46:10 AM

what i mean that bitcoiners keep 50000$(exmple)"Fortun" in PC with 500$ is it logic ?

in my point of view they have to be affraid about their safety,i don't know but i think its a problem,Almost our transactions are not anonym so anyone
could know how much we have in our wallet,so we will be all "targets" (we have to paid bodey gard for our PC)

If you never tell anyone about your wallet address than you dont have to worry about this. There is alot of random wallet in blockchain that receives like hundreds of bitcoin transaction everyday. Unless you tell someone about your wallet then you wont be a target, people will just think of you as a random guy.

You can always put your bitcoin in a cold wallet for more safety or paper wallet

Even if you do tell people, you should have adequate security measures in place to make sure that no one can access your wallet.
That is the beauty of bitcoin, even if someone takes your computer, you should have the wallet encrypted and your computer locked, so no one can do anything with it anyway.

I have heard stories of people buying prescious metals and the delivery people coming back later and stealing them, luckily Bitcoin isn't vulnerable to that sort of thing. I also don't think that the storage device for any investment needs to be valuable. Diamonds could be stored in a $2 box, it doesn't matter.

Of course you need some extra safety for your wallet by encrypting it but if you dont tell anyone about what your wallet is, people will not know about it and not make you their target. I based this on the saying " if you dont show off then people wont knpw what you have"

Lauda

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Quote from: AtheistAKASaneBrain on May 15, 2015, 07:42:22 AM

The anonimity point still stands. I don't want people to be able to trace back the money on my wallet throught transaction history on the blockchain.
The only solution I see is mixing your coins before doing anything where your address and your credentials are linked (buying something from soneone, whatever).
This is annoying tho. There should be an in-built mixing system in Bitcoin-QT and all wallets, because no fucking one wants to have their privacy compromised.

This doesn't make sense and the feature is unnecessary.
Exactly how would someone know that address A belongs to person A unless he posted about it somewhere? They won't know, and that's the point.
It is anonymous enough.

AtheistAKASaneBrain

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Quote from: Q7 on May 15, 2015, 07:35:16 AM

It's the same analogy where you can put all your jewelry in safe box which is worth probably just maybe a quarter of that amount and what makes it so different as in the case if bitcoin? The point is the most important thing is that it offers the security level that you need.

The anonimity point still stands. I don't want people to be able to trace back the money on my wallet throught transaction history on the blockchain.
The only solution I see is mixing your coins before doing anything where your address and your credentials are linked (buying something from soneone, whatever).
This is annoying tho. There should be an in-built mixing system in Bitcoin-QT and all wallets, because no fucking one wants to have their privacy compromised.

NUFCrichard

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Quote from: shulio on May 15, 2015, 07:16:11 AM

Quote from: Redones on May 15, 2015, 04:46:10 AM

what i mean that bitcoiners keep 50000$(exmple)"Fortun" in PC with 500$ is it logic ?

in my point of view they have to be affraid about their safety,i don't know but i think its a problem,Almost our transactions are not anonym so anyone
could know how much we have in our wallet,so we will be all "targets" (we have to paid bodey gard for our PC)

If you never tell anyone about your wallet address than you dont have to worry about this. There is alot of random wallet in blockchain that receives like hundreds of bitcoin transaction everyday. Unless you tell someone about your wallet then you wont be a target, people will just think of you as a random guy.

You can always put your bitcoin in a cold wallet for more safety or paper wallet

Even if you do tell people, you should have adequate security measures in place to make sure that no one can access your wallet.
That is the beauty of bitcoin, even if someone takes your computer, you should have the wallet encrypted and your computer locked, so no one can do anything with it anyway.

I have heard stories of people buying prescious metals and the delivery people coming back later and stealing them, luckily Bitcoin isn't vulnerable to that sort of thing. I also don't think that the storage device for any investment needs to be valuable. Diamonds could be stored in a $2 box, it doesn't matter.

Q7

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It's the same analogy where you can put all your jewelry in safe box which is worth probably just maybe a quarter of that amount and what makes it so different as in the case if bitcoin? The point is the most important thing is that it offers the security level that you need.

Lauda

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Terminated.

OP you got the definition of paradox wrong.

Code:

a seemingly absurd or contradictory statement or proposition which when investigated may prove to be well founded or true.

In this case we don't have a paradox. You're just uncertain about keeping more money on your machine than the machine itself is worth.
Anyone and anything can be hacked. If you don't do fishy things and visit fishy website it is improbable that you're going to get harmed.

shulio

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Quote from: Redones on May 15, 2015, 04:46:10 AM

what i mean that bitcoiners keep 50000$(exmple)"Fortun" in PC with 500$ is it logic ?

in my point of view they have to be affraid about their safety,i don't know but i think its a problem,Almost our transactions are not anonym so anyone
could know how much we have in our wallet,so we will be all "targets" (we have to paid bodey gard for our PC)

If you never tell anyone about your wallet address than you dont have to worry about this. There is alot of random wallet in blockchain that receives like hundreds of bitcoin transaction everyday. Unless you tell someone about your wallet then you wont be a target, people will just think of you as a random guy.

You can always put your bitcoin in a cold wallet for more safety or paper wallet

Amph

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Quote from: Redones on May 15, 2015, 06:41:09 AM

Quote from: Amph on May 15, 2015, 06:17:11 AM

Quote from: Redones on May 15, 2015, 04:53:31 AM

Quote from: NyeFe on May 15, 2015, 04:48:29 AM

I don't understand Huh

If you make a transactions, and someone sees how much you've sent, how will they target your PC?

i meant steal you PC physical its not necessairy will be track you from Internet,its possible a freind or neighbour .....

do you keeps everything in your pc? i mean there are usb stick, you can transfer everything in a wallet, and put the wallet in those usb, and then hides those usb somewhere

somewhere not in your house, but underground, like you will do with paper wallet

wwhat you said will work if my PC got dammaged or somthing like that but if a robber know what he wanna exactly,he could transfert all my BTC before i got my file and searching other PC and instlling stuff in there and so on

how so? you need to do it before everything, it's not like this notorious thief will steal you desktop exactly when you receive your biggest transaction or whatever

how then he can know where you are hiding your usb pendrive? only with extortion he can...but this is another story that has nothing to do with btc

also if you think about it even your bank account is not secure if your pc is compromised

Topic: Illogic Paradox (Read 1456 times)