Topic: Trust No One - page 99. (Read 161312 times)
great advice...just being around the forums the past few days I've noticed lots of members trying to manipulate the market one way or another through their posts, but I understand it is part of the game and you just gotta stay vigilant.
In those cases using escrow is a must in my opinion
I just joined the forum and stopped lurking because I saw an excellent price for 4 mining rigs, mostly 6970s and 6950s (13 cards and all the hardware) for $2500. But only in bitcoins. It's a new member with no selling history who says they are moving to an apartment.
I want to buy it, but would only risk that kind of money using an escrow service.
So I'm looking for a bitcoin escrow service now.
I want to buy it, but would only risk that kind of money using an escrow service.
So I'm looking for a bitcoin escrow service now.
Unfortunatelly scammers didnt stayed out on this forum. We have to take care.
how can i trust your post then, my good friend?
Ask the one who posted this thread, he might have bunch of answers.
how can i trust your post then, my good friend?
3ks very much. dont trust moshengren. 
Seems that this issue of trust (read as paranoia) is the biggest issue which is holding back bitcoins from growing by leaps and bounds and replacing more currencies as a way of doing business. The reality is that sooner or later bitcoins will have to go the way of all other forms of exchange just due to the simple fact that the concept is hard to come to grasps with. Someone has to be making money in the business of making money to be able to provide that level of security, name recognition, and/or insurance.
Yeah, Paypal sucks in terms of how it makes money, especially via ebay, but they do have an option of sending via Personal with no fees for either side, but you get stuck with not knowing if the other person(s) you are dealing with are legit.
I'm sure someone else has replied on this post similarly, but didn't want to spend forever reading through 14 pages worth of replies.
Just my 2 cents (not sure what that would be in bitcoins).
Yeah, Paypal sucks in terms of how it makes money, especially via ebay, but they do have an option of sending via Personal with no fees for either side, but you get stuck with not knowing if the other person(s) you are dealing with are legit.
I'm sure someone else has replied on this post similarly, but didn't want to spend forever reading through 14 pages worth of replies.
Just my 2 cents (not sure what that would be in bitcoins).
That sucks! Make sure all your passwords are 8 or more characters long with different symbols and capital letters to throw any one off.
Yeah, paranoia is essential. Physical Security and Digital Security become equally as important with Bitcoin. I bet that the person who lost $5.5 Million of Bitcoin had hit wallet stolen by someone he knows. Most wall street investors are lame with computers.
Wow, long password. I can't even trust online wallets? Damn. Well, I only have a few anyway.
What about this problem then; Im new but want to do a bitcoin lottery or so (just for illustrative purposes). I send 50btc to a trusted member so that people know they will get their btc back if I fuck something up. The lottery ends and 1 guy wins. This guy however is malicious (but the community doesnt know this and he has very little trust, just a fraction more then I would have) and says that he never got payed and since I have less trust then him the 50btc which got sent to the trusted member will now go to the malicious person and not back to me.
Of course this can be mitigated by letting the winner post a btc address and have proof that funds were sent there, but now think about this:
What if the winner of the lottery and the one making the lottery were the same person? Unprovable and because of that I have just pulled of the perfect scam (I didnt scam anyone, just for illustrative purposes, again). Anyways, I hope with writing this message I have contributed a bit to the paranoia so scammers will have a more difficult time stealing our coins
Of course this can be mitigated by letting the winner post a btc address and have proof that funds were sent there, but now think about this:
What if the winner of the lottery and the one making the lottery were the same person? Unprovable and because of that I have just pulled of the perfect scam (I didnt scam anyone, just for illustrative purposes, again). Anyways, I hope with writing this message I have contributed a bit to the paranoia so scammers will have a more difficult time stealing our coins
TLDR: Treat bitcoins like cash (don't get hacked).
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So if you have your wallet encrypted with new method provided in new bitcoin client, and even put the datadir on an external drive that you power off/on only when you need to use the wallet. That is pretty safe right?
I have my main bitcoin savings wallet on a Virtual Machine running Ubuntu. The VM runs on an external SSD. I make transfers to this wallet once a month. The rest of the time the ssd is locked up in my safe deposit box in an ati-static bag. I keep two discs on hand with my backup encrypted .dat files.
my encryption pass-phrase is written down, and I keep that in my safe deposit box just in case I forget, or I get hit by a bus.
So if you have your wallet encrypted with new method provided in new bitcoin client, and even put the datadir on an external drive that you power off/on only when you need to use the wallet. That is pretty safe right?
Good to know.
Mybitcoin, bitcoin7, bitcoin.pl and all the other scammers.
Never trust your coins to anyone.
In BTC world there are no chargebacks like with FreakPal
Never trust your coins to anyone.
In BTC world there are no chargebacks like with FreakPal
I cannot agress you more lol 
It's unfortunate that we live in a world where you can't trust anyone anymore. You just have to be cautious. Bitcoin is no different than anything else in the real world.
I'm trustworthy... No really.
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