Trust No One - page 26. | Bitcointalksearch.org

deadweasel

sr. member

Activity: 364

Merit: 250

Quote from: aslam645 on April 01, 2013, 02:44:44 PM

A lot of people will learn this the hard way with BTC, especially as more and more ordinary Joes start using it.

That's why this thread is here. If you want to put a chunk of your money somewhere new, you'd better do your research and discover all possible points of failure. Then protect against them using a COLD WALLET and TRUST NO ONE.

Use Escrow if needed, use it from a TRUSTED MEMBER that has a good WoT rating (this is arguable, I know, but every little bit helps), and make sure there are no questions from any of the 3 parties before starting a transaction.

Good luck people. Stay safe and read up on everything.

aslam645

newbie

Activity: 6

Merit: 0

A lot of people will learn this the hard way with BTC, especially as more and more ordinary Joes start using it.

deadweasel

sr. member

Activity: 364

Merit: 250

Quote from: vleroybrown on April 01, 2013, 12:00:22 AM

I was spoofed for 13 BTC in my new sellers account on silkroad off a torwiki site. Just wanted to exchange silver coins for BTC there Undecided

What exactly happened?

Fiery Winds

newbie

Activity: 28

Merit: 0

If you don't know if you can trust someone, stop and ask around. Don't put your money on the line on a hunch that "things should be fine". There are a lot of startup scams looking to take your money, and given that legit sites are popping up as well, it can be hard to tell the difference.

AHA8

newbie

Activity: 5

Merit: 0

nice comic.

virtualmaster

hero member

Activity: 504

Merit: 500

Trust only in Satoshi.

vleroybrown

hero member

Activity: 1223

Merit: 506

This is who we are.

I was spoofed for 13 BTC in my new sellers account on silkroad off a torwiki site. Just wanted to exchange silver coins for BTC there Undecided

servvs

newbie

Activity: 16

Merit: 0

I like this post, and now I am going to be contacting my vps and vpd providers to never accept a request for a password change through my email. Does anyone have a good idea of how to protect your other accounts such as these? Maybe I could tell them to only abide by a request when they call me and I answer the phone and answer a security question? I'm not sure it would be very easy to hijack a call but I know they could spoof my id so maybe this would be the best bet. At the same time a fisher could gain access to my security question answer by pretending to be my hosting provider and say, "We have detected a possible intrusion and think it would be wise to change your password, can you answer your security question so we can rectify the situation." Or something along those lines. Anyone have any better ideas?

securityguy

newbie

Activity: 35

Merit: 0

Which is risky'r an online bitcoin wallet or a mainstream bank (think cyprus)?

OfekA

newbie

Activity: 17

Merit: 0

good to know

BTC

kaoD

newbie

Activity: 22

Merit: 0

don't trust online wallet services

I wish more people heard that.

I see advanced users giving advice to newbies such as "use them, it's simpler and works fine!". I try to tell people to avoid that advice but... it's everywhere!

Even for low volume wallets it's a risk I'm not going to take.

j.teller

newbie

Activity: 12

Merit: 0

The only limitation on bitcoin at the moment is the amount of shops and stores that accept them. Its a bit of a catch 22 scenario, shops are reluctant to accept a volatile currency but without the shops bitcoin community wont expand

coldguy

member

Activity: 69

Merit: 10

Very good points.

At this time, 2013/04/01, bitcoin price hit 93$/BTC. Those early time investors have already earn a significant profit from just holding them on their harddisk. Now, if we want BTC to really become a currency, we need to use it for tranactions, buying and selling products/services in BTCs. That need us to believe something, somebody, some agency, some company.

Not an easy task, but I think there will be some companies emerging from the ground. Those who care the business reputation, mind the long term interestes, not the short term tricky, will be a next milestone in BTC society. I BELIEVE there will be someome.

j.teller

newbie

Activity: 12

Merit: 0

Quote from: ?? on ??

I'd like to add Trust no-pc either. I don't know how, but in the last 3 o 4 days somebody cracked my e-mail password and requested a password recovery from Deepbit, then changed the Reward Address... I've lost almost 1BTC, until I realize what happened.

Therefore, don't trust any other pc than yours, and eventually check your payments address...

How did they get your password? Brute force? Keylogger?

canada

member

Activity: 66

Merit: 10

It's for this reason I'm questioning bitcoins' adoption to mainstream use. If technical people get caught out and scammed easily, what will happen to the everyday joe? I can't imagine explaining to my mom how to back up her wallet and taking note of the ssh keys..

edmondgrey

newbie

Activity: 14

Merit: 0

Wow good info. The more how to tips on security the better.

sincitylife

newbie

Activity: 36

Merit: 0

So if you trust noone...what wallet do you use? I like brain wallets myself like coinbase and blockchain.info.

parno

newbie

Activity: 10

Merit: 0

hahahha love the comics

aslam98

newbie

Activity: 7

Merit: 0

I am running bitcoind behind two router with firewall enabled. I see some dropped TCP connection requests to port 80 and 443 to my computer. I wonder if it was caused by bitcoind somehow. I don't have these ports open. How they got behind routers?

asakura

newbie

Activity: 24

Merit: 0

Thanks, appreciate your help.

Topic: Trust No One - page 26. (Read 161333 times)