A fact about bitcoins - GoFuckYourself.com

TheSquealer · 04-08-2013, 08:27 AM

More than 10% created have been stolen so far.

The six biggest hacking, theft and fraud incidents involving Bitcoin exchanges, wallets, or investment vehicles have resulted in a total 1.2 million Bitcoins being stolen, out of a total of 11 million Bitcoins in existence. This means that more than 10 percent of all Bitcoin has been stolen, and this does not include many smaller thefts and losses from individual wallets. Just this week, another wallet service was shut down after suffering an attack

http://techcrunch.com/2013/04/05/why...about-bitcoin/

But don't worry. Even though nations can't keep their deepest secrets secure, your money is safe.

dyna mo · 04-08-2013, 08:29 AM

that's actually incorrect, it's closer to 5% according to the official thread

https://bitcointalk.org/index.php?topic=83794.0

Dirty F · 04-08-2013, 08:33 AM

Yup, that's what happens when you don't keep your money with you.
Reminds me of real life.

Dirty F · 04-08-2013, 08:36 AM

Last week i read about this thing called Phishing. Criminals use it to steal from bank accounts. Imagine that!

Before you know it there will be criminals skimming your bank card at the atm.

That would be nuts!

BlackCrayon · 04-08-2013, 08:59 AM

Quote:

Originally Posted by Dirty F

Last week i read about this thing called Phishing. Criminals use it to steal from bank accounts. Imagine that!

Before you know it there will be criminals skimming your bank card at the atm.

That would be nuts!

the big difference being with banks you get your money back. with bitcoins, no one cares.

spiederman · 04-08-2013, 09:05 AM

Quote:

Originally Posted by BlackCrayon

the big difference being with banks you get your money back. with bitcoins, no one cares.

tell that to the people in cyprus

digitalfantasies · 04-08-2013, 09:35 AM

Quote:

Originally Posted by spiederman

tell that to the people in cyprus

Dirty F · 04-08-2013, 09:35 AM

Quote:

Originally Posted by spiederman

tell that to the people in cyprus

dyna mo · 04-08-2013, 09:45 AM

Quote:

Originally Posted by spiederman

tell that to the people in cyprus

and for the folks not in a country torn up by a volatile currency, bitcoins is best looked at as speculation only. it's not a currency replacement and never will be, it's not a safe haven for life savings, it's not a replacement for 401k plans or for typical investment strategies.

it will more than likely fail.

Vapid - BANNED FOR LIFE · 04-08-2013, 09:50 AM

Quote:

Originally Posted by dyna mo

and for the folks not in a country torn up by a volatile currency, bitcoins is best looked at as speculation only. it's not a currency replacement and never will be, it's not a safe haven for life savings, it's not a replacement for 401k plans or for typical investment strategies.

it will more than likely fail.

http://thepiratebay.com

dyna mo · 04-08-2013, 09:53 AM

Quote:

Originally Posted by Monotony

http://thepiratebay.com

i'm not sure what you mean.

BlackCrayon · 04-08-2013, 10:00 AM

Quote:

Originally Posted by spiederman

tell that to the people in cyprus

economies that wouldn't exist if not for tax evaders don't apply.

spiederman · 04-08-2013, 10:10 AM

Quote:

Originally Posted by BlackCrayon

economies that wouldn't exist if not for tax evaders don't apply.

dont change the rules of the game after we started playing

2012 · 04-08-2013, 10:12 AM

bitcoins bitcoins it's raining bitcoins

spiederman · 04-08-2013, 10:28 AM

Quote:

Originally Posted by 2012

bitcoins bitcoins it's raining bitcoins

04-08-2013, 08:27 AM	#1
TheSquealer BANNED Industry Role: Join Date: Oct 2004 Location: In Your Head Posts: 23,754	A fact about bitcoins More than 10% created have been stolen so far. The six biggest hacking, theft and fraud incidents involving Bitcoin exchanges, wallets, or investment vehicles have resulted in a total 1.2 million Bitcoins being stolen, out of a total of 11 million Bitcoins in existence. This means that more than 10 percent of all Bitcoin has been stolen, and this does not include many smaller thefts and losses from individual wallets. Just this week, another wallet service was shut down after suffering an attack http://techcrunch.com/2013/04/05/why...about-bitcoin/ But don't worry. Even though nations can't keep their deepest secrets secure, your money is safe. __________________ If you don't like that Elon Musk bought twitter,... just build your own and stop crying about it. Last edited by TheSquealer; 04-08-2013 at 08:28 AM..

04-08-2013, 08:36 AM	#4
Dirty F Too lazy to set a custom title Industry Role: Join Date: Jul 2001 Posts: 59,204	Last week i read about this thing called Phishing. Criminals use it to steal from bank accounts. Imagine that! Before you know it there will be criminals skimming your bank card at the atm. That would be nuts! Last edited by Dirty F; 04-08-2013 at 08:37 AM..

04-08-2013, 10:12 AM	#14
2012 So Fucking What Industry Role: Join Date: Jul 2006 Posts: 17,189	bitcoins bitcoins it's raining bitcoins __________________ best host: Webair \| best sponsor: Kink \| best coder: 688218966 \| Go Fuck Yourself

04-08-2013, 08:29 AM	#2
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 61,646	that's actually incorrect, it's closer to 5% according to the official thread https://bitcointalk.org/index.php?topic=83794.0

04-08-2013, 08:33 AM	#3
Dirty F Too lazy to set a custom title Industry Role: Join Date: Jul 2001 Posts: 59,204	Yup, that's what happens when you don't keep your money with you. Reminds me of real life.