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Topic: Trust No One - page 80. (Read 161312 times)

legendary
Activity: 1260
Merit: 1031
Rational Exuberance
September 14, 2012, 12:02:40 PM
Quote
don't trust online wallet services

even to Mtgox?

I only store bitcoins offline. I send money to MtGox or other exchanges in small amounts, and only for the length of time it takes to make a transaction and get my money out again.

You may choose to trust an online wallet service if you feel they are trustworthy. I will not trust ANY online wallet until bitcoins can be stored safely even when a hacker has complete access to them. For instance, if bitcoins could be marked as savings in the protocol and become non-transferable for a period of time selected by their owner.
member
Activity: 76
Merit: 10
September 14, 2012, 11:00:40 AM
Quote
don't trust online wallet services

even to Mtgox?
newbie
Activity: 49
Merit: 0
September 14, 2012, 04:41:04 AM
Don't always trust yourself either. Especially when talking about money/investing. You are driven by emotions, which is bad.
newbie
Activity: 14
Merit: 0
September 13, 2012, 07:36:50 PM
Yes, the internet is far too  Huh

How far is it?

Haha, sounds like they were trying to say the internet is general shouldn't be trusted.
newbie
Activity: 13
Merit: 0
September 13, 2012, 06:42:23 PM
I just trusted BTCFPGA.com with a significant order paid in BTC.  I hope it works out...  Undecided
newbie
Activity: 14
Merit: 0
September 13, 2012, 05:37:03 PM
This whole thing will never work if you can't trust the exchanges that you're poring money into. Mt. Gox, for example, is a place I think we can safely say IS safe, even if their registration requirements are a bit strict (need an id and proof of address). Other than them, though, I'm suspicious of everything.
newbie
Activity: 18
Merit: 0
September 13, 2012, 02:14:34 PM
Yes, the internet is far too  Huh

How far is it?
newbie
Activity: 11
Merit: 0
September 13, 2012, 07:38:57 AM
Yes, the internet is far too  Huh
newbie
Activity: 33
Merit: 0
September 12, 2012, 02:58:49 PM
I just trusted BitMofo with 1 BTC but can't post in his thread yet lol I'm a super newb.
member
Activity: 70
Merit: 10
September 12, 2012, 01:56:37 PM
Where's the love guys.? We gotta trust one another Smiley
newbie
Activity: 12
Merit: 0
September 12, 2012, 01:26:55 PM
funny topic
newbie
Activity: 11
Merit: 0
September 12, 2012, 10:27:08 AM
Lot of scammers everywhere in this anonymous world... man must be very careful with choosing business partners, not for everyone Smiley
newbie
Activity: 17
Merit: 0
September 12, 2012, 10:06:03 AM
Just minimize risk, you can never eliminate it.
newbie
Activity: 6
Merit: 0
September 12, 2012, 08:33:50 AM
I recommend AES + TwoFish + Serpent encryption of a hidden partition on a truecrypt-ed hdd on a non-connected PC.

Had never heard of Serpent. What does it offer compared to other encryptions?
newbie
Activity: 7
Merit: 0
September 12, 2012, 06:29:46 AM
I recommend AES + TwoFish + Serpent encryption of a hidden partition on a truecrypt-ed hdd on a non-connected PC. Only access the bitcoin network via tor + at least 2 OpenVPN based VPNs.

P.s.

Also only buy bitcoins from a shaddy character on a park bench in Washington with a brown paper bag of cash. The code word is "thunder"  Grin
newbie
Activity: 18
Merit: 0
September 11, 2012, 11:57:49 AM
Ditto.
newbie
Activity: 9
Merit: 0
September 11, 2012, 06:27:16 AM
thanks for the advice Smiley
newbie
Activity: 6
Merit: 0
September 10, 2012, 10:59:09 AM
This is seriously a ton of paranoia. I guess you can never be too careful, but then you have to keep your sanity. Cmon.
zyk
full member
Activity: 224
Merit: 101
September 10, 2012, 09:13:29 AM
especially don´t trust this forums members, if you can´t trust your own perception !

Cheers Zyk
newbie
Activity: 6
Merit: 0
September 10, 2012, 09:07:55 AM
Great advice (2 of 5 posts, woot!).
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