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MtGox launches Bitcoins.com, an information site for all things Bitcoin

bitcoins.com

21–30 of 119 posts

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#21

Can we automatically downvote all Bitcoin news please? Seems like every owner of Bitcoin these days is either busy writing a blog or making a Bitcoin related webpage? - Ponzi

Why so bitter? For me it's the most fascinating area in technology at the moment.

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#22

Can we automatically downvote all Bitcoin news please? Seems like every owner of Bitcoin these days is either busy writing a blog or making a Bitcoin related webpage? - Ponzi

Items on the front page reflect the interests and preferences of the community. This is not broadcast media force feeding you.

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#23
Under "protection":

"The nature of Bitcoin means that, compared to credit cards or other financial tools, your identity is safer from theft. Your level of privacy is up to you, and in the online world privacy and protection are an asset."

This is hilarious. Right now basically every week we have news of millions of dollars worth of bitcoins being stolen from sites. In contrast, with a credit card every client has full protection including fraud, charge-backs, returns, etc.

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#24
post #3

They do not emphasize wallet security issues enough. Before buying any serious amount of BTC user must ensure: 1. Software that he uses actually encrypts wallets (BitcoinQT by default does not!). 2. His wallet is backed up in 3 places. 3. Backups actually work and he tried them. 4. His computer is not infested with malware. 5. He has multiple wallets and money is spread across all of them. So that if he one days make…

> 1. Software that he uses actually encrypts wallets (BitcoinQT by default does not!).

Are you sure about that? Can you point to a discussion where it says BitcoinQT doesn't encrypt by default. Googling found me nothing.

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#25
post #23

Under "protection": "The nature of Bitcoin means that, compared to credit cards or other financial tools, your identity is safer from theft. Your level of privacy is up to you, and in the online world privacy and protection are an asset." This is hilarious. Right now basically every week we have news of millions of dollars worth of bitcoins being stolen from sites. In contrast, with a credit card every client has ful…

> Right now basically every week we have news of millions of dollars worth of bitcoins being stolen from sites.

Rule 1: If you store your bitcoins with someone else, they'll most likely get stolen. People need to learn how to store their own bitcoins or they'll end up not having any.

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#26
post #24
post #3

They do not emphasize wallet security issues enough. Before buying any serious amount of BTC user must ensure: 1. Software that he uses actually encrypts wallets (BitcoinQT by default does not!). 2. His wallet is backed up in 3 places. 3. Backups actually work and he tried them. 4. His computer is not infested with malware. 5. He has multiple wallets and money is spread across all of them. So that if he one days make…

> 1. Software that he uses actually encrypts wallets (BitcoinQT by default does not!). Are you sure about that? Can you point to a discussion where it says BitcoinQT doesn't encrypt by default. Googling found me nothing.

You have to turn it on. If you create yet another wallet, it's easy to forget that.

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#27
post #23

Under "protection": "The nature of Bitcoin means that, compared to credit cards or other financial tools, your identity is safer from theft. Your level of privacy is up to you, and in the online world privacy and protection are an asset." This is hilarious. Right now basically every week we have news of millions of dollars worth of bitcoins being stolen from sites. In contrast, with a credit card every client has ful…

> Right now basically every week we have news of millions of dollars worth of bitcoins being stolen from sites. Rule 1: If you store your bitcoins with someone else, they'll most likely get stolen. People need to learn how to store their own bitcoins or they'll end up not having any.

Out of curiosity, what is the best way to store bitcoins? Have your wallet synchronized with a third-party backup provider?

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#28

Earlier quoted context omitted.

> Right now basically every week we have news of millions of dollars worth of bitcoins being stolen from sites. Rule 1: If you store your bitcoins with someone else, they'll most likely get stolen. People need to learn how to store their own bitcoins or they'll end up not having any.

Out of curiosity, what is the best way to store bitcoins? Have your wallet synchronized with a third-party backup provider?

Here's my method, further down the comments:

https://news.ycombinator.com/item?id=6814692

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#29
post #23

Under "protection": "The nature of Bitcoin means that, compared to credit cards or other financial tools, your identity is safer from theft. Your level of privacy is up to you, and in the online world privacy and protection are an asset." This is hilarious. Right now basically every week we have news of millions of dollars worth of bitcoins being stolen from sites. In contrast, with a credit card every client has ful…

Saying CC's have robust fraud protection is equally misleading, imo. They require you trust every merchant, website, waiter, etc to not abuse your information. Chargebacks just shift the cost of the merchant, most of the time, and as best I can tell PCI exists mostly to shift liability around.

Re: MtGox launches Bitcoins.com, an information site for all things Bitcoin

#30
post #23

Under "protection": "The nature of Bitcoin means that, compared to credit cards or other financial tools, your identity is safer from theft. Your level of privacy is up to you, and in the online world privacy and protection are an asset." This is hilarious. Right now basically every week we have news of millions of dollars worth of bitcoins being stolen from sites. In contrast, with a credit card every client has ful…

How about having your funds sliced by sort of Cyprus scenario? How about getting ill for half a year and finding out that the inflation has eaten most of your savings away?
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