Main Area and Open Discussion > Living Room
Does anyone here use Bitcoins?
40hz:
Well...I've pretty much said all I have to say about Bitcoin, it's underlying philosophy (such as it is), and what I think it's legal and social prospects are. So I'm gonna wrap it up for myself and leave it to others who may feel the urge to continue.
Bitcoin will either fly or it won't. We'll just have to wait and see.
Later! :Thmbsup:
Arizona Hot:
$1.2M Hack Shows Why You Should Never Store Bitcoins on the Internet
barney:
$1.2M Hack Shows Why You Should Never Store Bitcoins on the Internet
-Arizona Hot (November 08, 2013, 04:11 PM)
--- End quote ---
A somewhat eye-opening, albeit not unexpected, treatise. So, the question becomes, "How do I store/protect my bitcoins?" While I have non-Internet-connected boxes, that's not true of most folk. So do I store my coins on a USB key or memory card (both of which [are|can be] easily misplaced)? Do I trust to some form of Internet bank? Just how do I protect my investment, should I make it?
Renegade:
$1.2M Hack Shows Why You Should Never Store Bitcoins on the Internet
-Arizona Hot (November 08, 2013, 04:11 PM)
--- End quote ---
A somewhat eye-opening, albeit not unexpected, treatise. So, the question becomes, "How do I store/protect my bitcoins?" While I have non-Internet-connected boxes, that's not true of most folk. So do I store my coins on a USB key or memory card (both of which [are|can be] easily misplaced)? Do I trust to some form of Internet bank? Just how do I protect my investment, should I make it?
-barney (November 08, 2013, 08:24 PM)
--- End quote ---
The site was a bank - not a wallet. Securing your bitcoins is simple. If you want to know more, post over at http://www.reddit.com/r/Bitcoin/ or http://bitcointalk.org/ and someone can explain why.
barney:
The site was a bank - not a wallet. Securing your bitcoins is simple. If you want to know more, post over at http://www.reddit.com/r/Bitcoin/ or http://bitcointalk.org/ and someone can explain why.
-Renegade (November 08, 2013, 08:41 PM)
--- End quote ---
Been there, done that. Security is still an issue, always will be for anything online. There's an old saying to the effect that what Man can devise, Man can destroy. Anything online is vulnerable to a sufficiently skilled person. Denial of that does not make it untrue. I can lose my wallet by any number of physical means, but that is, in most cases, carelessness on my part, a lack of physical security - basically my fault, I failed to secure it properly in a physical manner. I do not have that security option online. Others might, but I ain't that bright.
Navigation
[0] Message Index
[#] Next page
[*] Previous page
Go to full version