Inputs.io Is Gone I'm Calling It A Scam - page 6.

Atruk

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Activity: 700

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Quote from: aksplace on November 06, 2013, 10:27:16 PM

Quote from: justusranvier on November 06, 2013, 10:22:31 PM

Don't use web wallets.

Seriously - it always ends in tears.

Cute Dog.... What wallets do you recommend? I personally use Coinbase.com and that is because they are licensed and a regulated business in California good old USA. You can actually visit the office.

I recommend a local wallet. Multibit and Electrum are decent for everyday handling of bitcoins. For large amounts of coin though an offline Armory wallet split between an air gapped machine and a networked watching machine is probably best.

justusranvier

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Quote from: vpitcher07 on November 06, 2013, 10:32:56 PM

What about Blockchain.info wallets?

Unlike the other services in this field, they (probably) don't have direct access to your private keys, so as long as you use a strong passphrase they are probably the least-insecure web wallet.

Just don't store more than you can afford to lose there.

Magazine

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Activity: 112

Merit: 10

Quote from: justusranvier on November 06, 2013, 10:30:36 PM

Armory is the gold standard in secure, long-term bitcoin storage.

If you absolutely must use a web wallet, use blockchain.info but limit the amount of value you store there to no more than you'd feel comfortable carrying around in your physical wallet.

This pretty much,

I think of my Debit card as my "cold storage" (lol calling a bank account cold storage)

and carrying notes in my wallet as a hot wallet.

Just put as much as your willing to lose in your blockchain account for quick access so you don't have to compromise your cold storage ;p

romerun

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Bitcoin is new, makes sense to hodl.

Why can't ppl just use electrum

vpitcher07

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Activity: 342

Merit: 250

Quote from: Magazine on November 06, 2013, 10:29:10 PM

Quote from: aksplace on November 06, 2013, 10:27:16 PM

Quote from: justusranvier on November 06, 2013, 10:22:31 PM

Don't use web wallets.

Seriously - it always ends in tears.

Cute Dog.... What wallets do you recommend? I personally use Coinbase.com and that is because they are licensed and a regulated business in California good old USA. You can actually visit the office.

I mean if I was to pick a wallet I would use CoinBase but really I would just make a good ol paper wallet with Armory.

What about Blockchain.info wallets?

WikileaksDude

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Activity: 490

Merit: 500

please don't use web-wallets...

justusranvier

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Armory is the gold standard in secure, long-term bitcoin storage.

If you absolutely must use a web wallet, use blockchain.info but limit the amount of value you store there to no more than you'd feel comfortable carrying around in your physical wallet.

Magazine

member

Activity: 112

Merit: 10

Quote from: aksplace on November 06, 2013, 10:27:16 PM

Quote from: justusranvier on November 06, 2013, 10:22:31 PM

Don't use web wallets.

Seriously - it always ends in tears.

Cute Dog.... What wallets do you recommend? I personally use Coinbase.com and that is because they are licensed and a regulated business in California good old USA. You can actually visit the office.

I mean if I was to pick a wallet I would use CoinBase but really I would just make a good ol paper wallet with Armory.

aksplace

sr. member

Activity: 602

Merit: 260

Quote from: justusranvier on November 06, 2013, 10:22:31 PM

Don't use web wallets.

Seriously - it always ends in tears.

Cute Dog.... What wallets do you recommend? I personally use Coinbase.com and that is because they are licensed and a regulated business in California good old USA. You can actually visit the office.

Magazine

member

Activity: 112

Merit: 10

No one lost any coins, TF "lost" his coins but you didn't own any coins as soon as you sent them to a web wallet.

tysat

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Keep it real

Quote from: justusranvier on November 06, 2013, 10:22:31 PM

Don't use web wallets.

Seriously - it always ends in tears.

This is some great advice.

It sounds like TF doesn't know how to handle security, I wouldn't touch anything he does now and would advise others to stay away.

justusranvier

legendary

Activity: 1400

Merit: 1013

Don't use web wallets.

Seriously - it always ends in tears.

BadBear

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Activity: 1652

Merit: 1128

Another bitcoin business run by an anonymous dude bites the dust. I won't say it's a scam, but that's over a million gone. I have a hard time believing he's that incompetent, he seemed to have his shit together and know what he's doing, so the simplest explanation would be that the temptation was too much for him. I hope that's not the case though, he seemed like a decent guy.

Edit:

aksplace

sr. member

Activity: 602

Merit: 260

Which means I have to follow the chain on who manages and runs it= TradeFortress. Personally never had any issues with him as he once loaned me 5 btc "of course I paid back with interest and in time." now that Inputs is down do you think Inputs was a scam?

Topic: Inputs.io Is Gone I'm Calling It A Scam - page 6. (Read 8233 times)