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1 posted on 03/05/2014 7:48:57 AM PST by Kaslin
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To: Kaslin

How much do you suppose those Bitcoin signs will be bringing on eBay in a couple of months?


2 posted on 03/05/2014 8:05:15 AM PST by bigbob (The best way to get a bad law repealed is to enforce it strictly. Abraham Lincoln)
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To: Kaslin

Is this take-down being orchestrated by our government?


3 posted on 03/05/2014 8:25:00 AM PST by PetroniusMaximus
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To: Kaslin

What I don’t understand is that the whole lure of Bitcoin was it’s decentralization of the control of the assets.

Then people put their Bitcoins in a centralized location (Hot Wallet on the site) when they could have kept all of their Bitcoins on a local machine, with backups, and would not be affected by anything that happened at a transaction site other than the possible loss of Bitcoins that were involved in an active transaction.

Why?
If they gave up the security of decentralization simply for the added convenience, then I can’t really drum up a whole lot of sympathy.


4 posted on 03/05/2014 8:38:58 AM PST by Nonsense Unlimited
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To: Kaslin

Been following the Bitcoin stuff out of curiosity. Not surprised by any of this. Even banks still battle with fraudulent withdrawals.


5 posted on 03/05/2014 8:41:05 AM PST by aimhigh
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To: Kaslin
Flexcoin has been forced to close after hackers stole 896 bitcoins, worth £365,000, in an attack on Sunday.

HA ha!

I have them and will NOT give them back!!!



10 posted on 03/05/2014 9:34:56 AM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Kaslin
The owner or owners of these bitcoin exchanges
can easily arrange for bitcoins to be stolen.

Whhhhhat???


11 posted on 03/05/2014 9:37:52 AM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Kaslin

No problem; as AlGore has just revealed that they are safe - hidden away in a lockbox.


12 posted on 03/05/2014 9:39:53 AM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Kaslin

At least with Iraqi Dinars you can paper your wall with them...


15 posted on 03/05/2014 10:05:12 AM PST by wonkowasright (Wonko from outside the asylum)
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To: Kaslin

Not to worry. This is just more bad-apple-shakism occurring. As soon as all of the BitCoins have been stolen, the rest will be a safe investment.


16 posted on 03/05/2014 10:26:00 AM PST by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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