Topic: Trust No One - page 38. (Read 161333 times)
I would suggest the community develop standards for a "good business seal of approval" - particularly as it concerns transparency and responsibility. While the anonymous feature of bitcoin is appealing in so many ways, it is not realistic to think that a currency can be successful in an ecosystem without trust and accountability. If we are to develop legitimate financial and processing infrastructure, much of it will have to operate in a similar fashion to the bricks and mortar infrastructure we have built over centuries.
I'm actually scared to death recently of how dangerous the market is becoming. I guess it's no different than carrying large amounts of cash and dealing like that, but it's still a whole new world. Good to have some of the advice given in this thread.
It seems to me that bitcoin trading is kind of like the online freelancer websites, you have to take time to build up a good reputation and sometimes start off with small jobs to earn peoples trust.
Facebook profile just tells you a person is on the internet it doesnt say what kind of person they are.
I have almost 10yr old ebay account with 100% rating same with at freelancer that should mean something in an idealworld internet.
Facebook profile just tells you a person is on the internet it doesnt say what kind of person they are.
I have almost 10yr old ebay account with 100% rating same with at freelancer that should mean something in an ideal
I think it's nuts that anyone uses an online wallet at all, which in my defeats a considerable amount of the anonymity and total control aspects that make BTC great. But then again one of the main reasons I use bitcoins in the first place is because I'm paranoid as hell, so to each their own I suppose.
One thing though is that if you are not going to use an online service... make sure to encrypt your wallet and always have a backup on a thumb drive or other physically removed device. Make sure to backup each time you add new receiving addresses or you'll never retrieve those coins if your wallet file gets corrupted or trashed in some way.
One thing though is that if you are not going to use an online service... make sure to encrypt your wallet and always have a backup on a thumb drive or other physically removed device. Make sure to backup each time you add new receiving addresses or you'll never retrieve those coins if your wallet file gets corrupted or trashed in some way.
Thanks for the advice, will certainly keep this in mind.
Thanks for the tips
dont your bitcoins just stay in your wallet if you dont use them?
Yea, seems scum are all over trying to scam. Shit is fucked.
So many sites popping up right now it's hard to how many of them are legit. Sheath up that wallet....
I learned the hard way. Trust nobody.
good.
weird thing my first ever transaction on localbitcoins the guy who bought BTCs from me sent money even without asking for escrow service! good thing for him Im not a scammer. It was a small amount though just a little less than 3BTCs but I was really surprised.
I trusted Coinabul and send them 90.7825 for gold Krugerrand. Now I have nothing. Paranoia is a good think. Now I'm posting my five posts here let I can warn others.
http://bravenec.eu/coinabul
http://bravenec.eu/coinabul
This is good information for newbs to consider and should be first and foremost
very good advice, I'm really glad I read your post, these are things that I would never have thought of
Just be careful and some security don’t hurt anyone
I will keep this in mind. Thanks
thanks for the information
Thanks for all the helpful tips! Don't even trust yourself
Thanks for the info xD
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