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Topic: Trust No One - page 33. (Read 161333 times)

newbie
Activity: 11
Merit: 0
March 23, 2013, 11:01:26 AM
BTC is based on a leap of faith, if you trust no one - don't use it  Smiley

Although I don't see why you should trust any fiat currency more than BTC...
newbie
Activity: 14
Merit: 0
March 23, 2013, 11:00:59 AM
thanks for your advice  Smiley
newbie
Activity: 6
Merit: 0
March 23, 2013, 09:26:30 AM
Thanks for the good advice.
I've been trading bitcoins on #bitcoin-otc.  The web-of-trust which is a very useful way to gauge another users trustworthiness, but it's worth the reminder that even that is not foolproof.
newbie
Activity: 8
Merit: 0
March 23, 2013, 08:39:39 AM
Nice post dacoinminster and I agree with most of your points, though I believe that there are levels of trust. All depends on the "volume". I wouldn't go to the supermarket carrying 10000 euros on me so the same goes with Bitcoin... I wouldn't use the "big" (or "savings" if you prefer) wallet to make transactions all over the internet. A hosted wallet service is quite OK as well, if you use it for "pocket money" transactions.
newbie
Activity: 9
Merit: 0
March 23, 2013, 08:34:14 AM
Nice Post, it would helpful for me for online online transactions.
thanks for sharing
newbie
Activity: 7
Merit: 0
March 23, 2013, 08:22:51 AM
I'm good at that most of the time, but when I slip up !!!!
newbie
Activity: 5
Merit: 0
March 23, 2013, 08:12:51 AM
Thanks, very interesting thread!
newbie
Activity: 7
Merit: 0
March 23, 2013, 08:07:49 AM
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...
newbie
Activity: 10
Merit: 0
March 23, 2013, 07:54:12 AM
I cannot agress you more lol  Tongue
newbie
Activity: 26
Merit: 0
March 23, 2013, 07:48:49 AM
good!  Grin
newbie
Activity: 8
Merit: 0
March 23, 2013, 07:41:58 AM
well...you send a coin and hope to get something in return....or vice-versa.
newbie
Activity: 10
Merit: 0
March 23, 2013, 07:32:54 AM
AREN'T YOU COLD!!!!

Ha ha ha... fifth post. 
newbie
Activity: 13
Merit: 0
March 22, 2013, 01:16:28 PM
Good stuff here.  I'm realizing more and more that I'm not nearly secure enough with my BTC stash.
newbie
Activity: 23
Merit: 0
March 22, 2013, 01:08:12 PM
Very interesting read.

Thank you

newbie
Activity: 25
Merit: 0
March 22, 2013, 11:53:20 AM
Thanks for the tip
newbie
Activity: 7
Merit: 0
March 22, 2013, 11:13:19 AM
Only common sense and WOT like #bitcoin-otc help. Got never scammed in my 3 years of using btc so far.
member
Activity: 70
Merit: 10
March 22, 2013, 08:22:24 AM
Use common sense, and then some. Just like OP said, if someone tells you to trust them, then don't.
newbie
Activity: 8
Merit: 0
March 22, 2013, 08:19:00 AM
What escrow services are good?
newbie
Activity: 4
Merit: 0
March 22, 2013, 07:47:43 AM
i use the escrow for buy shares and everything was ok !!! very good service!!!
newbie
Activity: 55
Merit: 0
March 22, 2013, 06:38:58 AM
its this trust issue that drives bitcoin to a sort of centralization as we see it with mt.gox
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