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William Seger

(12,324 posts)

17. You can keep your Bitcoins on your PC, but those can be hacked, too

Reply to sir pball (Reply #12)

Tue Mar 4, 2014, 07:32 PM

Mar 2014

The exchanges may not have anything to do with how Bitcoins work, but they do have a lot to do with how Bitcoins are perceived, which has a lot to do with which way the speculation winds are blowing, which has everything with Bitcoin's value, since that's all it's based on. Now, the world knows Bitcoins can be stolen and, unlike your "money with Lenny" example, there's virtually no chance of ever recovering them.

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Bitcoin bank Flexcoin closes after hack attack [View all] brooklynite Mar 2014 OP

I have a suspicion that governments that don't like cosmicone Mar 2014 #1

I am sure there are a thousand reasons, but none of them are joeglow3 Mar 2014 #4

id imagine the guy iamthebandfanman Mar 2014 #15

Nah, never ascribe to treachery Kelvin Mace Mar 2014 #8

If Bitcoin proved its viability, then it could be a threat to governments Lucky Luciano Mar 2014 #10

It can't prove that. It's AIR. aquart Mar 2014 #13

Again Kelvin Mace Mar 2014 #18

never said it was viable. My statement was purely conditional on it being viable. nt Lucky Luciano Mar 2014 #20

Bitcoin users worldwide pledge to clap their hands to prove that they really believe in Bitcoin Orrex Mar 2014 #2

+1 jsr Mar 2014 #27

Well, things are not looking so good for bitcoins penultimate Mar 2014 #3

I swear this is a pyramid scheme used to launder money for blackmarket criminals and tax cheats LynneSin Mar 2014 #5

You do know the exchanges have nothing to do with how BTC works? sir pball Mar 2014 #12

You can keep your Bitcoins on your PC, but those can be hacked, too William Seger Mar 2014 #17

I know what exchanges are LynneSin Mar 2014 #21

What "problem" are they going to have to clean up? sir pball Mar 2014 #25

So let me ramble since I just woke up and I've had no coffee LynneSin Mar 2014 #29

Arrested for what? It's not illegal to part fools and their money.. sir pball Mar 2014 #30

Poof! n2doc Mar 2014 #6

I LMAO when I saw that in your toon thread. adirondacker Mar 2014 #19

I don't follow Bitcoin trading. OilemFirchen Mar 2014 #7

Here's a site for the current "value" Art_from_Ark Mar 2014 #24

Thanks. OilemFirchen Mar 2014 #26

Of course, if some of the supply is being hacked Art_from_Ark Mar 2014 #28

OMG, sooooooo predictable! grahamhgreen Mar 2014 #9

And there is no joy in Libertarianvile, Mighty Bitcoin Agnosticsherbet Mar 2014 #11

I totally don't understand BitCoin DaveJ Mar 2014 #14

honestly iamthebandfanman Mar 2014 #16

the problem is the people who want to avoid the paper trails LynneSin Mar 2014 #22

"best practices for running a bitcoin financial service"... PosterChild Mar 2014 #23