Topic: Trust No One - page 102. (Read 161312 times)

reminds me of the x-files 

Family can't be trusted; they are to good at playing the pity card.

^{What is trust?  Baby don't hurt me.}

I'd trust my neighbor before my family.  Less of a pain, and he never asks for nothing.

Why would I trust your family?

Trust no one, except your family

It might not be the best insurance, but I'm quite sure I could trust moderators for example ^_^.

Incredible!  With that much encryption, changing your username is almost prerequisite...

i trust my pool

There's a lot of shady exchanges out there.

Really?

Do you trust the pool?

Fair call man... Nobody online is worth losing your cheese over

I think herein lies the inherent problem of all new things. The community expects a full blown 100% secure market place, something that they are used from their day to day dealings with banks and merchants. People are asking for verified merchants, with addresses, names, ISO certification, 24 hours support in multiple languages, network of trust, etc.  just to name a few.

Lets look around us, which of all the tons of Exchanges and other online web sites dealing with Bitcoin and the various Alt-currencies is actually making any money at all? There are no big players throwing money at the Coin Marketplace, most of them are small start-ups by one guy or a small group of people who are doing this part-time, in the evenings after they come home from their jobs (or school kids and students who have too much time anyways). I cant think of someone who quit their job and then started up a Coin related web service. So while still pursuing their day to day jobs, do you believe they want their names posted all over the internet for their employer to see that they are having a second job, implying that this will impact their work and performance?

Ofcourse we'll meet the one or other scam, but it is up to each and everyone of us to limit our risks, dont park all your coins with an Exchange or other Online services, dont transfer tons of money to them either. I doubt that even the current market leaders will be able to recover in case they get hacked and their wallets completely emptied, they are not a bank, they dont get bailed out.

As for the wallet: stop browing porn, and you'll probably reduce your risks close to 0.
 







 

Well i shall just throw in a few more ideas to the paranoia pot:

encryption is not foolproof, there are a number of attacks that can beat encryption (i would like to see if its possible to steal the (un)encrypted data right out of the memory while the computer is on and client running..)

also please consider that most of the methods used to break encryption keys utilize the exact same hardware we tend to mine on (powerful GPUs) to significantly reduce the time taken to crack a key...
attacking a 10 character alphanumeric password with the average 1gh/s mining rig is more than feasible especially considering most miners tend to already leave the machine on 24/7...

Dont trust anyone, even yourself!
Expect to be ripped off and scammed at every turn, that way you at least saw it coming 

AREN'T YOU COLD!!!!

Ha ha ha... fifth post. 

Yeepp  correct, don`t trust for self ;_)))

This was a really great thread for a newbie like myself.  Thanks for posting.  I obviously need to do some more investigating regarding bitcoin security. 

Agreed. It's also possible I'm not actually a sock puppet. So perhaps I'm not really as trustworthy as I claim...

We need a tag. :p