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

bitcoins.com

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

#3

Post by oleganza »

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 makes a payment, enters a password and virus steals his coins, he will not lose everything.

Blockchain.info is a great service, but only when you enable 2-factor authentication (otherwise your encrypted wallet can be bruteforced offline) and make sure you get backups by email.

Finally, everyone should remember:

THERE IS NO "FORGET MY PASSWORD" BUTTON.

If you own your coins, be it in BitcoinQT, Electrum or Blockchain.info, you must own your password. You lose it - you are done. People are not used to it. They should be.

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

#4

Post by theboywho »

oleganza wrote: 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…

tl;dr, you are responsible for your bitcoins.

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

#5

Post by dcc1 »

Its just a shameless attempt to advertise mtgox, who by now pretty much pissed off everyone in the bitcoin community with their crap.

Remember it was mtgox who caused the last crash and have since continued to screw users while getting into all sorts of trouble in US for dodgy going ons

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

#7

Post by user24 »

dcc1 wrote: post #5

Its just a shameless attempt to advertise mtgox, who by now pretty much pissed off everyone in the bitcoin community with their crap. Remember it was mtgox who caused the last crash and have since continued to screw users while getting into all sorts of trouble in US for dodgy going ons

except it barely mentions mtgox. If it wasn't in the title of this submission, I wouldn't know it was by mtgox.

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

#8

Post by pilker09 »

oleganza wrote: 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…

Paper wallets using offline-created Bitcoin addresses are the safest means of storage. I etched my keys onto metal dogtags and have them stored in a fireproof box.

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

#10

Post by user24 »

infocollector wrote: post #6

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

> Can we automatically downvote all Bitcoin news please?

Good idea. An entirely decentralised, pseudonymous, secure way of exchanging money is not something hackers are interested in.

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