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Topic: This is why you enable 2FA. - page 3. (Read 2818 times)

sr. member
Activity: 420
Merit: 250
April 30, 2016, 12:11:55 PM
#33
Dude, you reveal too much information about your private finances in public. You could have told this story, without revealing your Bitcoin totals and where and how it is stored. Just keep the majority

of your coins in cold storage and you would be fine. Place some unsafe Bitcoin addresses with a small amount on your computer as honey traps and when they are triggered, you know your computer

is compromised. Once they are triggered, just do a re-install or re-load the virtual machine. Good luck mate...  Wink

Well i don't think it is very risky, although your story could be also good without revealing all the numbers. In essence you are right.
If there is 2FA enable it.
legendary
Activity: 1904
Merit: 1074
April 30, 2016, 12:05:06 PM
#32
Dude, you reveal too much information about your private finances in public. You could have told this story, without revealing your Bitcoin totals and where and how it is stored. Just keep the majority

of your coins in cold storage and you would be fine. Place some unsafe Bitcoin addresses with a small amount on your computer as honey traps and when they are triggered, you know your computer

is compromised. Once they are triggered, just do a re-install or re-load the virtual machine. Good luck mate...  Wink
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
April 30, 2016, 11:19:26 AM
#31
How do you know it wasn't you that put the virus on the computer?
If you have £3000 on your laptop and consider that valuable, don't lend it out just in case.
good to hear that the ttempt to breach security was foile by 2FA in this case.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
April 30, 2016, 11:15:07 AM
#30
enable 2FA sometimes very inconvenient, so we could not log on quickly and it was very disturbing, but on the other hand, it provides a promising safety, I am happy to hear that reason
hero member
Activity: 756
Merit: 500
April 30, 2016, 11:11:36 AM
#29
Thanks for sharing, this shows how important 2FA is whenever possible.  It can be a pain but it is so worth the few extra seconds to save 1000s of dollars in btc/crypto.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
April 30, 2016, 11:03:42 AM
#28
....My mate used my machine....and got a virus on it.

Wait you had Kaspersky antivirus and other malware protection software installed and your friend still managed to infect you with a virus?
it is quite a feat if you ask me. I miss times when computer viruses only slowed your machine down, now they can rob your money. Insane times.
hero member
Activity: 910
Merit: 502
April 30, 2016, 11:02:10 AM
#27
Enable 2FA is better for good security
legendary
Activity: 1512
Merit: 1000
April 30, 2016, 10:59:36 AM
#26
Agree on all points.

I have on occasion let a friend or family member use my laptop for something small/urgent, but I have always been present and watching all the while.

And 2FA is definitely a must. It will help you sleep at night.
hero member
Activity: 826
Merit: 1000
April 30, 2016, 10:50:56 AM
#25
yeah, right..
enable 2FA feature before late. Especially if you have a large amount in the wallet, really big mistake if it doesn't enable the 2FA feature.
hero member
Activity: 882
Merit: 500
April 30, 2016, 09:37:49 AM
#24
Enabling 2FA is must if you want to keep your account secure. On enabling 2FA, your wallet cannot be hacked and you are safee
sr. member
Activity: 364
Merit: 250
April 30, 2016, 08:58:28 AM
#23
A trezor is a good bet too, not that expensive and your private keys are safe, use it properly and its a good buy. I do highly recommend it.

No harm came to my coins from use of 2FA on exchanges, being vigilant with private keys in the case of the coinbase multisig wallet, and the trezor. Have more than 1 BTC or so, a trezor or  something like a multisig vault for simplicity is a good idea.

And most important, don't keep your entire BTC wealth at a single wallet!

Jacob
hero member
Activity: 1764
Merit: 505
20BET - Premium Casino & Sportsbook
April 30, 2016, 08:48:03 AM
#22
Glad to hear that, all your coins are safe because 2fa. I'm nut using 2FA though, but because of this topic, i will try using 2FA now, is it hard using 2FA ? Because i never use it.

Not hard at all, you just need a smartphone and the Google Authenticator app. Also I have read in different posts in different part of this forum, you need to have a clean machine when enabling it as there are still risk with enabling 2fa in an infected machine, but don't know much about those risks, no one has explained them in detail yet, just make sure you have a clean machine, so run a scan with your internet security first before enabling 2FA

I think its all the same because many people can bypass the 2fa, 2fa is useless if your gmail account is being hack and for me i dont enable my 2fa because it is hassle when you open your wallet to many tabs to open and so fare i dont experience victimize by hacking and it is your responsibility tp take care of youe wallet and it depends on how you handle it to avoit being victimize by that scheme is to avoid shortened link
sr. member
Activity: 364
Merit: 250
April 30, 2016, 08:40:04 AM
#21
With a trezor your relatively safe if you check the address on it when you send coins, the coinbase isn't a typical online wallet but a multi sig vault where they have a key, you have a key encrypted with a passphrase that they hold and you print. And a third printed key that allows recovery if passphrase forgotten.

I let people use my machine under supervision, the USB stick was unlucky but due to security measures I take with my funds and i keep my data partition unmounted unless I use it, moving to Linux again soon. I am intending to get a cheap laptop for bitcoin use to be fair, 2FA is just a separate security layer thats silly not to activate :-)

It is a must I think when dealing with money!

Jacob

Edit: even with Linux is good to take precautions. I will admit since using kaapersky for years this is one of the first thing to slip through kaspersky net that I know of for me.

legendary
Activity: 1932
Merit: 2272
April 30, 2016, 08:07:14 AM
#20
Yep, thrue...I dont know why people turn off 2FA, and than cry if they get hacked or pass stolen
Always turn 2FA on, and never use same paswords on different sites
legendary
Activity: 1148
Merit: 1000
April 30, 2016, 08:36:40 AM
#20
Well I decided a long time ago that I was gonna trust Coinbase with my Bitcoins so I have almost nothing on my computer. I do have 2FA with Coinbase though. Just can't handle the hassle of local wallets plus having my coins online is so much more convenient.
On a different note, life is still peachy on Linux, it's been nearly a year and half since I switched from windows and I haven't even bothered to install an antivirus software  Cool I'm just careful to avoid shady sites and email links and that's about it.
sr. member
Activity: 420
Merit: 250
April 30, 2016, 06:41:43 AM
#19
Glad to hear that, all your coins are safe because 2fa. I'm nut using 2FA though, but because of this topic, i will try using 2FA now, is it hard using 2FA ? Because i never use it.

Not hard at all, you just need a smartphone and the Google Authenticator app. Also I have read in different posts in different part of this forum, you need to have a clean machine when enabling it as there are still risk with enabling 2fa in an infected machine, but don't know much about those risks, no one has explained them in detail yet, just make sure you have a clean machine, so run a scan with your internet security first before enabling 2FA
legendary
Activity: 1414
Merit: 1002
= jasad =
April 30, 2016, 06:39:27 AM
#18
So I have Kaspersky and have a relatively secure machine. My mate used my machine and I think must have somehow got a virus on it. Well my facebook and paypal both begun SMSing me confirmation codes of login attempts. It had pretty much compromised most passwords that had been entered since, including what is on BTC exhanges, all of which I have 2FA enabled. All my held coins are in coinbase multisig vaults or my trezor wallet and are safe.

If you have not yet done so, please enable 2FA. I hear plenty of horror stories. Total in all my wallets (coinbase, 5 BTC), trezor (3 BTC), LTC (68) on exchange, 1 BTC on exchange as well.

we are talking over £3000 in total which to me is an insane amount of money, I bought most of my coins over a lot of time. The only coins I have 'mined' are ETH to BTC recently, some of that was what was in the hot bitcoin-QT wallet, the rest I mined through ETH (totalling 2 BTC) has been moved/converted to LTC some of it. I prefer to buy as I stand a better chance of profiting, and just solo mine with small rigs for luck, profiting is difficult otherwise.

All of this was safe due to a combination of safe private keys and in the case of coinbase 2FA is needed for the vaults anyway, and 2FA for the exchanges.

If you havn't yet enabled it, ****ing do it!

The only coins which were 'unsafe' but not touched was 0.25 BTC in my hot bitcoin QT wallet, just reformatted and restored wallet.dat, hadn't used this in a while to sign transactions, wallet was encrypted, although if you use it a virus can just swipe your private keys the moment you decrypt.


I am careful with computer security (everything i use with 2FA has it enabled, but it got me.

Enable it!

Plus, maybe also keep coins in separate wallets too, I have heard people having large amounts stolen from a single wallet, hence my diversity.

Even consider a hardware wallet, it might just save your skin too.
sad story,again and again peoples reported about losing their assets because hacker or other,and yes i'm agree we should enable 2FA,but i'm also think its dont need for me and other people who just have little bitcoin or other assets Grin
legendary
Activity: 1708
Merit: 1006
April 30, 2016, 06:38:27 AM
#17
I have 2 laptops in my house, 1 is for everyones use (my son and wife) and 1 for my Bitcoin transaction. I never allow my wife and son to use it, it even asks for my fingerprint before they can open it. I use 2FA on my email and my wallets. Better to have it activated rather not and I need it.
legendary
Activity: 2674
Merit: 3000
Terminated.
April 30, 2016, 06:25:01 AM
#16
Step 1) Don't let 'mates' or anyone use your machines. Else you get "viruses" by accident.
Step 2) Don't use online wallets unless you really have to, otherwise do what OP has suggested (even though I still don't recommend online wallets).
Step 3) Let this be a lesson to those that have insecure wallets.

sr. member
Activity: 451
Merit: 250
April 30, 2016, 06:24:19 AM
#15
Excellent point in regards to security. Glad that your funds are safe due to the 2fa. I on the other hand dont trust anything that is stored on comp or phone.
That is why i have everything on paper wallet, with all traces of generating those erased from my computer. Security is good with both options imho, just a matter of personal opinions differ.
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