If multibit were to be a scam, the addresses would belong to someone and not show in multibit's user wallet.
It's just pure amateurism as many services surrounding bitcoin - but that doesn't turn the bitcoin itself into a scam.
Some of those who claim bitcoin is a scam or a ponzi are either those who scam, those who run the ponzi schemes or those who don't stop for 1 minute to seriously think about what's being offered by others or to take security measures.
I've been testing multibit for weeks, the addresses in those wallets were used just for receiving but later today, I'll be exporting all my private keys and importing them in bitcoin-qt to prevent any surprise, until all of this bug has been sorted out.
It's only 7 bitcent worth, but it is something.
By the way, I haven't quite understood not even found information about the "change back".
Could anyone be kind enough to explain it to me or at least, point me in the right direction, as I've never experienced it on any transaction I've made on bitcoin-qt?
Thank you!
Topic: Multibit turned out to be a scam - page 2. (Read 4099 times)
The first thing do when you use any wallet is you export all private keys and store them, before you use the wallet.
Of course there will be bugs. Its new tech. Control your private key and all is well.
Of course there will be bugs. Its new tech. Control your private key and all is well.
Everything surronding Bitcoin is a scam, and you wonder why people lost confidence
http://www.coindesk.com/multibit-user-loss-high-need-bitcoin-wallets/
http://www.coindesk.com/multibit-user-loss-high-need-bitcoin-wallets/
Even if every bit of that article is true, MultiBit is not a scam; a bug in the software at best.
Topic title should be changed to reflect this, don't mislead people.
coindesk are terrible, seems more and more fud everyday, such an agenda!
one dude has a problem with his multibit wallet and they think its worth putting on coindesk to damage multibits credability.
my multibit wallet has always worked fine.
one dude has a problem with his multibit wallet and they think its worth putting on coindesk to damage multibits credability.
my multibit wallet has always worked fine.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
So, what's the scam here?
Developing unreliable software, claing to be secure and the fastest wallet, that's being used by millions of people.
Then turns out the wallet actually loses your coins
Thats a scam in itself
And ask urself (especially if ur a delusional bitcoin nutter) is it any different from what mtgox did?
No
WTF are you doing in this forum?
cosmofly is trying to save us from making bad decisions;
Perhaps his name should be "Nanny State."
Is it just me or has anyone else noticed quite a few trollish accounts and even older accounts morphing into trolls
I suspect they're old bitcoiners that lost money to Gox.
I noticed some old bitcoiners just disappeared after Gox fiasco. One of them is known to have over 1000btc on Gox and just b4 Gox closed down he wired $55k to Gox "to buy cheap coins"
I would be surprised if Cosmofly is a loser whos now turned into a hater.
He cant stand the fact that others in bitcoin are doing ok but him.
1000 coins on gox.
my...oh my... 
Trollish accounts have been an obvious part of the scene here since June 2011.
Adding disgruntled Goxers to the mix certainly doesn't help.
Adding disgruntled Goxers to the mix certainly doesn't help.
So, what's the scam here?
Developing unreliable software, claing to be secure and the fastest wallet, that's being used by millions of people.
Then turns out the wallet actually loses your coins
Thats a scam in itself
And ask urself (especially if ur a delusional bitcoin nutter) is it any different from what mtgox did?
No
WTF are you doing in this forum?
cosmofly is trying to save us from making bad decisions;
Perhaps his name should be "Nanny State."
Is it just me or has anyone else noticed quite a few trollish accounts and even older accounts morphing into trolls
I suspect they're old bitcoiners that lost money to Gox.
I noticed some old bitcoiners just disappeared after Gox fiasco. One of them is known to have over 1000btc on Gox and just b4 Gox closed down he wired $55k to Gox "to buy cheap coins"
I would be surprised if Cosmofly is a loser whos now turned into a hater.
He cant stand the fact that others in bitcoin are doing ok but him.
Bitcoin original wallet is the best.
Something new is usually not survived by the weak. This is certain. My faith in the principles is unwavering. I do believe.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
So, what's the scam here?
Developing unreliable software, claing to be secure and the fastest wallet, that's being used by millions of people.
Then turns out the wallet actually loses your coins
Thats a scam in itself
And ask urself (especially if ur a delusional bitcoin nutter) is it any different from what mtgox did?
No
WTF are you doing in this forum?
cosmofly is trying to save us from making bad decisions;
Perhaps his name should be "Nanny State."
Is it just me or has anyone else noticed quite a few trollish accounts and even older accounts morphing into trolls
So, what's the scam here?
Developing unreliable software, claing to be secure and the fastest wallet, that's being used by millions of people.
Then turns out the wallet actually loses your coins
Thats a scam in itself
And ask urself (especially if ur a delusional bitcoin nutter) is it any different from what mtgox did?
No
WTF are you doing in this forum?
cosmofly is trying to save us from making bad decisions;
Perhaps his name should be "Nanny State."
This is unfortunate, multibit was my favorite wallet not sure anymore
I am getting sick of all the bad news surrodingn bitcoin, it does seem to attract scammers and incompetant developers
I am getting sick of all the bad news surrodingn bitcoin, it does seem to attract scammers and incompetant developers
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
Everything surronding Bitcoin is a scam, and you wonder why people lost confidence
http://www.coindesk.com/multibit-user-loss-high-need-bitcoin-wallets/
http://www.coindesk.com/multibit-user-loss-high-need-bitcoin-wallets/
no kidding. Although the vast majority of us are honest people, crypto world has more thief's then a dog has flees. It starts with pools injecting fake shares assigned to fake users, it continues to hardware manufacturers selling 50 cents chips for thousands of dollars and if that wasn't enough they mine while buyers wait for the delivery. Exchanges shorting using our coins into unsuspected buyers (hello gox, cryptsy). And this even before common criminals show up and steal wallets. But these are small potatoes compared with the theft that is going on my first examples. Our greed has allowed them to exist and that's why bitcoin will not be around much longer. Alts are already dead.... (good luck KNC scrypt buyers)
Meanwhile the federal reserve has been fleecing us since 1913. At least with bitcoin, the future is bright.
Everything surronding Bitcoin is a scam, and you wonder why people lost confidence
http://www.coindesk.com/multibit-user-loss-high-need-bitcoin-wallets/
http://www.coindesk.com/multibit-user-loss-high-need-bitcoin-wallets/
no kidding. Although the vast majority of us are honest people, crypto world has more thief's then a dog has flees. It starts with pools injecting fake shares assigned to fake users, it continues to hardware manufacturers selling 50 cents chips for thousands of dollars and if that wasn't enough they mine while buyers wait for the delivery. Exchanges shorting using our coins into unsuspected buyers (hello gox, cryptsy). And this even before common criminals show up and steal wallets. But these are small potatoes compared with the theft that is going on my first examples. Our greed has allowed them to exist and that's why bitcoin will not be around much longer. Alts are already dead.... (good luck KNC scrypt buyers)
So, what's the scam here?
Developing unreliable software, claing to be secure and the fastest wallet, that's being used by millions of people.
Then turns out the wallet actually loses your coins
Thats a scam in itself
And ask urself (especially if ur a delusional bitcoin nutter) is it any different from what mtgox did?
No
WTF are you doing in this forum?
So, what's the scam here?
Developing unreliable software, claiming to be secure and the fastest wallet, that's being used by millions of people.
Then turns out the wallet actually loses your coins
Thats a scam in itself
And ask urself (especially if ur a delusional bitcoin nutter) is it any different from what mtgox did?
No
Uh...
Dear Captain FUD (Cosmofly)
There is absolutely *nothing* in that article that states MultiBit scammed anyone.
Nothing.
Dear Captain FUD (Cosmofly)
There is absolutely *nothing* in that article that states MultiBit scammed anyone.
Nothing.
So, what's the scam here?
Don't be stupid and put lots of money you can't afford to lose into Bitcoin which is needed to support your family.
I agree to a point, but isn't Bitcoin supposed to be "over throwing fiat"? I mean, when I deposit cash in my bank I don't think about the what-ifs of if the bank went belly up. And, if Bitcoin is supposed to be better than this, then a simple wallet app losing his money is unacceptable. We should _at least_ have reliable wallets, and shouldn't have to second guess if the app itself is going to eat our coins.
That's my 2-cents from reading the article.
Quote
“I do work full time, but I do not make a large sum of money, and with the new addition to our family back on 20th March, money is very tight.”
Wetseals needs to think about the wellbeing of his family when he decides to keep value in bit coin. He shouldn't have much stake in it if "money is very tight".Don't be stupid and put lots of money you can't afford to lose into Bitcoin which is needed to support your family.
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