Like it or not, this is a real concern. Take Argentina for example. That's a country where BTC is beginning to make good inroads against the pathetic Argentinian peso. If it gets to the point (hopefully) where anyone in that country with money has that money in BTC, anyone there could be robbed of it quite easily. If someone has cash under their mattress and a thief finds out about it, they could be robbed. But here we have a potential situation where everyone has "cash under their mattress" in the form of BTC and so everyone can easily be robbed. This can't happen to anywhere near the same degree with money in the bank.
BTW, I'm not talking about stealing someone's cell phone for the BTC contained therein, I'm talking about armed home invasion.
Topic: Robbed of BTC at gunpoint -- a real concern? - page 3. (Read 2836 times)
Nobody has robbed a bitcoin exchange yet, I assume they have insurance since most are not in secure offices.
they operate only online i think, they have not a real physical place, like bank has, their cold storage, are probably well hidden somewhere underground and in a different location( in the case they have some small office)
but they are still targeted by hackers , which is vastly worse, then a real thief
Not all hackers are bad.
Simply put, if something is stolen that doesn't rightfully belong to a person they're still a thief. I have no idea what your idea of a 'real' and 'fake' thief is - but it's false. I remember a year or two ago a person was selling Bitcoin in person. Supposedly they went to a crowded place and people tried to steal their Bitcoins by stealing their phone. They tried to use the crowd to confuse the victim, and used some type of gas canister as well. They didn't get the phone but took off when people tried to help.
This has also happened several other times in the past. I remember there was also a comic on this matter.
Nobody has robbed a bitcoin exchange yet, I assume they have insurance since most are not in secure offices.
they operate only online i think, they have not a real physical place, like bank has, their cold storage, are probably well hidden somewhere underground and in a different location( in the case they have some small office)
but they are still targeted by hackers , which is vastly worse, then a real thief
I would be more worried about my fiat, my phone or other physical valuables I carry than my bitcoins. People are seriously being paranoid sometimes. Your phone is has more value that bitcoin you carry in most cases. Use common sense - of course you can be robbed of any item that has value, no surprise there.
This is something I've been concerned about for a while now. I just read about it happening for the first time recently. If someone knows you have BTC, they can easily rob you of it at gunpoint. I could see this happening a lot once the price goes nuts again.
I think not carrying a phone full of bitcoin goes along the same common sense line of not carrying a wallet full of cash. I don't see how this is a story. People get mugged all the time
I think he means that someone can break into your home and make you give him the bitcoins
the guy (victim) meets somebody unknown on the internet (craigslist) in order to sell his bitcoins in person to him. then they meet up.
then he (robber) lures him to a car when another guy shows up with gun and the two robbers steal the poor guys bitcoins.
as you see, i don't see any reason why someone can be worried about being robbed of bitcoin and not be worried of being robbed of his fiat in his back pocket!
This is something I've been concerned about for a while now. I just read about it happening for the first time recently. If someone knows you have BTC, they can easily rob you of it at gunpoint. I could see this happening a lot once the price goes nuts again.
If you meet up with a LBC member that has positive trust and meet him in a public place, how the hell is he going to try to rob you?
If you mean someone randomly assaulting you... how would they even know you have Bitcoin?
Just don't tell anyone you have Bitcoin so you aren't a target, is that simple.
Getting robbed of Bitcoins at gunpoint is more cumbersome than straight up cash. If was a robber I would be praying the victim has a lot of cash on person, and not stand there waiting while the victim is forced to log in and transfer.
I think not carrying a phone full of bitcoin goes along the same common sense line of not carrying a wallet full of cash. I don't see how this is a story. People get mugged all the time
I think he means that someone can break into your home and make you give him the bitcoins
DO not worry it is Illegal to have guns soo they won't.........
Illegal it is to have the means to defend yourself.. don't worry the cops might find him after figuring out how you were killed...
What's the difference does it make if you are carrying loads of cash in your pocket. The point is it doesn't matter whatever item of value that you decide to carry along, it can still be taken away. Similarly if you are held at gunpoint, you also have no choice but to enter the password and make instant internet money transfer. Same goes for credit card. In the end, it's how you take the precautions to avoid all that.
I don't think that getting robbed of your bitcoins is any more of a danger than getting robbed of any other asset. If you have wealth on display then you can expect someone to try and take it sooner or later. It is sad but true. The best way to stay safe it to make sure that strangers can't tell that you have a ton of bitcoins on you.
This is something I've been concerned about for a while now. I just read about it happening for the first time recently. If someone knows you have BTC, they can easily rob you of it at gunpoint. I could see this happening a lot once the price goes nuts again.
ofc, i can remember some news about it few days agoo, but now i cant find the thread, but ofc man, If someone knows you have BTC, they can rob you of it at gunpoint, like for fiat or expensives meterials things, there is no difference between BTC and other things.
Nobody has robbed a bitcoin exchange yet, I assume they have insurance since most are not in secure offices.
do you usually carry a lot of bitcoin with your smarthphone? they should just steal your smarthphone instead, like they usually do, and not care so much about bitcoin, unless you hold more bitcoin in value than your phone...
usually big money should stay secure at home or in another place, and not in your pocket
usually big money should stay secure at home or in another place, and not in your pocket
In our newspaper are articles of people being robbed of cash, jewlery, cellphones,... every day.
I guess there isn't much of a difference between getting robbed of your BTC or being robbed of your cellphone. It's just a matter of taking the right precautions when you're moving a lot of BTC IRL, but i guess you should take the same precautions when you're selling 100k of diamonds IRL or when you're selling 100k of BTC IRL.
I guess there isn't much of a difference between getting robbed of your BTC or being robbed of your cellphone. It's just a matter of taking the right precautions when you're moving a lot of BTC IRL, but i guess you should take the same precautions when you're selling 100k of diamonds IRL or when you're selling 100k of BTC IRL.
This is why it is a good idea to use a legit mixer if you hold a lot of coin. First also don't go around bragging about it. It is sucks because you should be able to brag about being rich, I mean its great right? But just be quite about it. Then use a mixer before putting coins in cold storage so it is hard to trace them to you. Hopefully this will make you safe 
See? Mixers are for dealers crooks launderers, AND people who want to be safe. Can you say that about any other service on the planet? Not that I can think of.
See? Mixers are for dealers crooks launderers, AND people who want to be safe. Can you say that about any other service on the planet? Not that I can think of.
This is something I've been concerned about for a while now. I just read about it happening for the first time recently. If someone knows you have BTC, they can easily rob you of it at gunpoint. I could see this happening a lot once the price goes nuts again.
Precautions can be taken. When you trade, never bring a big sum of money. Bring only what you need. It is also advisable to bring a friend along to the trading place just in case. Just meet in a place with a good amount of traffic but not too much. It can be too crowded to scream for help. I think not carrying a phone full of bitcoin goes along the same common sense line of not carrying a wallet full of cash. I don't see how this is a story. People get mugged all the time
I think he means that someone can break into your home and make you give him the bitcoins
Yeah that's more like it.
I think not carrying a phone full of bitcoin goes along the same common sense line of not carrying a wallet full of cash. I don't see how this is a story. People get mugged all the time
I think he means that someone can break into your home and make you give him the bitcoins
I think not carrying a phone full of bitcoin goes along the same common sense line of not carrying a wallet full of cash. I don't see how this is a story. People get mugged all the time
It's like when you have money
You just have to be careful with what you say,and whom you say it
You just have to be careful with what you say,and whom you say it
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