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How Can I Trust Bitcoin When I Hear So Many Stories Of It Getting Stolen

While many of the reports of stolen bitcoins are true, it is important to remember that this is not a fault of the Bitcoin code itself, but a fault in the way the bitcoins are stored. The Bitcoin protocol so far has proven to be extremely resilient to hacks or attacks. That Bitcoin has been around for nearly 6 years with literally billions of dollars up for grabs to anyone who can find an exploit attests to this. A hacker who could actually hack all of Bitcoin would have much to gain, and many of them have surely been scouring the open-source code of Bitcoin to find an exploit with nothing to show for it.

Most recent thefts of Bitcoin can be attributed to one of three faults: users relying on other to hold their bitcoins, storage of bitcoins on an insecure device, or lack of basic security measures on the user’s part.

Relying on others to hold your bitcoins, typically done through online Bitcoin wallets, is not a terrible thing, but cautiousness is rewarded when doing so. Banks, credit unions, and various other online services hold your dollars, and you probably don’t give it a second thought. But your bank-held money is federally insured to protect you against the bank defaulting. Bitcoin services, so far, are not.

In several instances in the past, Bitcoin services holding thousands or millions of dollars worth of bitcoins have either absconded with them or have been “hacked” (I use the term lightly as it is highly suspected that many “hacks” aren’t actually hacks at all, but simply the operators running off with the users’ money). Either way, the users of those services lost the bitcoins they entrusted to the service.

If you plan to hold your bitcoins in an online wallet or other Bitcoin service that you have no control over, research the entity carefully to find out where they are headquartered, what laws and regulations they are following, and if they are regularly audited. Ideally, the Bitcoin service you use should be located in your own country, follow local laws and regulations, have regular, transparent audits of reserves, and have some outside-investor backing. While this doesn’t guarantee your protection, it certainly gives you a large edge over picking whatever shows up in your first Google search.

I can currently recommend Circle and Coinbase, as they follow local regulations and have significant venture-capital funding.

Storing bitcoins on an insecure device is something that many people do without even realizing it. Computers, smartphones, and tablets are all inherently insecure. If you use bitcoins on your computer, it is as easy as accidentally downloading a file with malware to lose them all. Even if you have enabled password protection, the malware can track your keystrokes and find out your password the next time you use it.

The best way to combat this type of insecurity for online services is to use two-factor authentication. Scroll down to “Cryptocurrencies” on the Two Factor Auth List to find out which Bitcoin websites support 2FA.

For storing Bitcoins on your local computer, the best security comes in the form of a USB device that stores the keys to your bitcoins on a device called a Trezor. While you do have to trust that the team behind the Trezor is honest, they have done their best to be transparent by making the code used by the device available for anyone to look at and critique. The result is a method of storing bitcoins that has been impossible to hack, no matter what malware you have on your computer (though you must still be cautious about malware that changes the Bitcoin addresses you see on the screen).

For storing bitcoins on a smartphone, you must always trust the app-maker, as they can potentially code in backdoors to allow for theft of your bitcoins. Beyond that, the app that currently provides the best security appears to be breadwallet. Either way, you probably don’t want to store more than a “spending amount” on your phone, just like you would only carry a small amount of cash in your wallet for spending.

Another option, though a bit more technical in nature, is to print out paper wallets from a generator such as This option is only completely safe when used from a computer not infected with malware, so if you question whether your computer might have malicious software on it, you should not generate paper wallets from the computer.

And finally, the most technical method for security is probably multisig. This method is still in its infancy, so research it well and proceed with caution, but combined with some of the other methods listed, is probably the best security you will find.

A lack of basic security measures builds on the previous post by reminding people to be diligent about using best practices for their devices and passwords. Here are a few recommendations:

  • Keep your computer/smartphone/tablet up to date with any recommended updates.
  • Use anti-virus/anti-malware software on your computer, and keep it up to date.
  • Hover over links before clicking on them to be sure the link is taking you where you expect.

Use passwords that are at least 10 characters in length (12+ is preferable) and do not have words in them, as this can render a brute-force attack virtually useless if an attacker manages to get a copy of your password-protected bitcoins.

Be extremely careful about any email that claims to be from a Bitcoin service you use. Many phishing emails have been sent to Bitcoin users urging them to log in to take care of an issue, only to actually take the user to a copy-cat site that steals their username and password. If you do receive such an email, go to the site directly by typing in the address in your browser instead of clicking on the link in your email.

Bitcoin is still young, and not nearly as user-friendly and secure as we’d like to see it. I liken it to where the internet was in 1992 – it existed, but it was difficult to use and not particularly useful to the average user. But many developers are working on solving these issues for good with devices like the Trezor, to provide security that the masses can rely on.

Tips To Avoiding Common Errors New Bitcoin Traders Make

The casino market is gaining more attention from investors and players all around the world. Using bitcoins to play casino games, you have more control of your money, but the profit can be marginalized due to some errors you can make as a newcomer.

Though it is easy to begin trading bitcoins, it is also necessary for anybody that is new in the system or just trying to enter to understand that there are risks you must be enlightened to which can limit the level of profit you can earn playing Bitcoin casino

Like other markets, Bitcoin can be more risky when trading with a low level of exposure and uncertainty, especially if you don’t know how Bitcoin operates. It is therefore essential that you have the required knowledge of the risks involved before you start playing bitcoin casino.

If you are a newbie, who is interested in trading with Bitcoin, then you will need to first understand the basics of trade and investing and try to avoid the common errors that new traders generally tend to make

Be Wise when Making an Investment

All financial investment are expected to yield profit or loss. Which one it is is largely based on the investor’s decisions. The unstable Bitcoin market can bring loss to an investor, but you can avert this with the decisions you make and when you make it.

Poor analytics and greed are some factors that can make you make the wrong decision. Professionals have warned us not to start trading when we are not ready to lose some money. This approach can help you to stay focused when you are recording some loss.

Invest in More Ideas

The fear of losing all investments in a venture makes wise and reasonable investors invest in more ideas and opportunities. This makes them to be successful in one way or the other, if they are losing in an investment, they will surely be receiving some high returns from others.

Traders that can not watch themselves losing more money than they have invested are strongly advised not to invest on assets that are limited. This will help you to avoid a negative investment to some extent, and also your earnings are maximized.

Also, your decision making abilities can be clouded as you place more money than you can afford. Many times you will be motivated to go for ‘desperate selling’ when there is a reduction in market prices.

Instead of you persevering through the market change in price, you will be flustered to not encounter loss over the huge investment you have made. You will be curious to sell off your investments at low prices to reduce your loss, but this will make you lose more money when market finally recovers

Set Reasonable Goals; Don’t Let Emotions Kill Your Decisions

It is essential that you have some sets of goals on every investment and transaction when you are attempting to trade bitcoin. This can help to keep you focused and determined during some hard and very volatile conditions. You need to determine a price before entering the market.

Same rules apply when you intend to make more profits, most importantly when you let your covetousness take advantage of you. It is more important that you have some goals and determinations for you to easily make decisions that are not based on your emotions

As a newcomer to the bitcoin world, you are strongly advised to work more on improving your skills in reading charts and understand market analysis and its importance. You should also know when to enter the market and when to take your exit; this can help you to minimize your profit and loss.

Discover How To Get Cheap Car Insurance Quotes

If you own a computer and internet connection you don’t even have to leave the house to find cheap car insurance quotes. You will need a lot of patience to search online. There are a lot of auto insurance companies advertising their offers online. Your main goal is to find a low cost auto insurance.

If you are lucky you can find special deals. When you are checking a website from a company you have to look for the special promotions. You can even get half of the insurance price. It all depends of you. Take your time to do a good research. Try to learn some tricks to get a lower quote. A company can have different costs for the same insurance.

To receive a more accurate and cheaper auto insurance quotes you should try to give all your personal information. If you are scared to do this online you can reveal only your zip code. Usually this is the most important detail to get a good online quote. You may do some small changes in the rest of your info. For example change a letter from your last name and take some years from your date of birth. You must give your real information when you decide to purchase the insurance.

If your wife or husband owns a car too you should buy insurance from the same company. You might get a very nice discount on the car insurance quotes. Sometimes you can even pay just for one car. Keep in mind that not all the companies have this special discount. This is why you should ask first. It can help you save money.

Look for companies from where you have also the possibility to purchase your home insurance. This way you will be totally protected and you can get a very big discount. Negotiate with the company and try to save your money. You may use the money for something else. If you are smart you can even save thousands of dollars. It’s up to you to succeed this.

Join relevant forums and talk to other people looking for cheap quotes. You will find out a lot of useful things and you can also share your experience. This might save you time because there are hundreds of online companies. From a forum you can even get a website address. If you are lucky you might be able to find a good quote in only a few minutes. The best part is that you will not have to pay any fee for joining the forum.

If you have only a few months of driving you might find it difficult to get a cheap insurance price. This is understandable because the company is risking to lose a lot of money. There are only a few special deals for teenagers.

You might have to prove that you take good care of your car. For this you need an indoor parking space. This will help you get a cheaper price. Do your best to look for the lowest cost in order to save thousands of dollars. Keep in mind that you need time and patience to choose the best deal.

Don’t pay more than you have to! Find the best rates and quotes in car and auto insurance today. We offer the tools that let you find and compare different auto insurance quotes and car insurance quotes online, with one simple click.

After Cheaper Automobile Insurance Premiums Are Located The Service Provided By Insurers Should Be Tested

Tracking down inexpensive car insurance quotes through numerous providers is not a hard work in this web era. Basically most drivers might not even contemplate focusing on indicators apart from attractiveness of rates. Hence quotes could be the most significant variable for a few consumers while they choose auto insurance covers. Nonetheless service quality made available by companies can easily be inspected if motorists are prepared to take a little bit more time to ensure they could accept it.

Understandably a few drivers would wish to check more into the support they are likely to have from different insurers with acceptable rates. The key point in performing this job is to have the rates initially and get rid of pricey companies. At this point motorists discover one thing which is they are able to manage the premiums given. The process at this point is reduced to tracking down the most suitable automobile insurance policy out of realistic quotes received early on.

Simply first opinion could be quite significant when customers look at the indications of strength. It should usually be the stage they commence looking for cheap auto insurance rates from alternative providers. Efficient providers leap on each opportunity to gain fresh customers and make money that productivity of sales team should be a decent measure to evaluate. When a provider fails to provide quotes in clear and quick way they need to receive a warning sign. If a company is not concerned to secure your custom they might not do what it takes to keep you with great support and quick claim processing.

Motorists could quickly check the efficiency of policyholder assistance by phoning the company with questions. Just couple of areas could be provide enough proof. Ideally the telephone should be answered swiftly and handled effectively instead of continue passing the call on to other staff. And the personnel must reply to questions expertly and not be reluctant to explain in details. This provides remarkable insight into organisation sincerity and also economical stability.

Sufficient and efficient employees is a sign of a thriving corporation that has got the cash to spare for client care and personnel wellbeing. Uninterested and rude employees are a sign of a firm that cannot afford training them or just do not care. Really customers ought to look into spending a little more for an insurer that appears to have covered all corners of consumer support.

In addition most state authorities make consumer complaints over providers publicly published. These sources hold an archive of the car insurance problems and demand the providers fix the matter. The majority of providers would try to take care of issues to defend their fine names. Almost all consumer protection organizations cost nothing and they give quite a lot information on websites. It is preferable to eliminate the trouble insurers before it starts so that you never need to be contacting those agencies with grievances afterward.

Basically the top referral will be given by existing policyholders. Nonetheless there exist just few acquaintances and countless insurers to check. Definitely unbiased brokers may be the perfect place to ask about a specific provider along with online forums and chats. Hopefully it will be easy to identify the least expensive insurers and opt for the best one out with a little care.

Greater Coverage From Texas Auto Insurance

Automobile coverage can incorporate a wide variety of damages that may come from any number of sources. For this reason vehicle owners should note that when searching for auto insurance in Texas it is important to understand the various forms of vehicle protection that are available, and to construct a policy that is able to provide an adequate amount of coverage while remaining affordable. Although resident drivers in the Lone Star State are required to meet specific minimum requirements when purchasing a protection plan, there are a series of options available that can help a car owner be better prepared for potential accidents of varying severity, or even vehicle damages that occur outside of a collision.

In order to legally drive, nearly all of Texas’ estimated 15,374,063 licensed motorists must be able to prove that they can be financially responsible if at-fault for an accident. In order verify that this is possible the majority of residents purchase a vehicle protection plan that meets the state minimum liability requirements. Residents are typically required to carry $30,000 of bodily injury liability to cover a single person, and $60,000 for a single accident. Additionally, motorists must also carry $25,000 of property damage liability. Choosing to operate an automobile without first meeting these requirements could result in a fine between $175 and $350, or between $350 and $1,000 for additional offenses. Furthermore, driving while uninsured may even result in a motorist’s license being suspended or car being impounded.

Increasing Texas Car Insurance Protection

It may be important for drivers to note that the previously listed limits only represent the minimum amount of coverage that a resident needs in order to drive within the Lone Star State. Individuals that have leased an automobile may even have Forced Placed Coverage that raises the amount of vehicle protection that is needed. Typically this involves adding comprehensive and collision coverage to one’s policy. Collision protection is designed to cover damages to a motorist’s own vehicle in the event of an accident with another car, up to the limits of the policy. Comprehensive protection, however, covers a wide range of damages that may occur outside of a collision with another vehicle. This could include damages caused by rain, snow, hail, vandalism, or theft.

Vehicle protection doesn’t have to stop at what is required by the state or one’s lender. Many motorists seek additional coverage or higher liability limits, and with an adequate amount of shopping, doing so could help a motorist become better prepared for potential accidents. Raising one’s liability limits, for example, can typically be done for only a few extra premium dollars a year, and oftentimes this can help a vehicle owner avoid being underinsured after a particularly serious accident. Additional protection, such as Medical Payment Coverage, can also be very helpful in a time of need. This policy addition is designed to cover a variety of medical or funeral expenses after an accident, regardless of fault, and may prove particularly useful for people without healthcare. Consulting one’s policy provider is an excellent way to discover the various methods that one can use to construct a comprehensive protection plan.

Space Saving Bunk Beds

How would your kids fancy among the funky bunk beds from the enterprise, Space Saving Beds Corporation? Every single of those funky bunks include matching cupboards, drawers, a desk and also a set of shelves – all of which are available in a range of radiant colors and qualified finishes. All are created to become particularly sturdy and ready to stand up to the heavy-duty wear and tear that most kids meter out on a every day basis.

One other range attainable from the Space Saving Beds Firm would be the Foldaway Bunk Bed that is offered in two widths – either 2ft 6inches or 3ft. The frame is firmly attached to a solid wall that include breeze block, brick or concrete to make sure the occupants’ security. As a space saving solution for a teen’s area, these foldaway bunks are fantastic: the complete bed actually folds up flat against the wall when not in use. To lower you simply undo the latch and, as a result of gas mechanism, the bunk lowers slowly and safely until finally it locks into position in the horizontal position.

While there is certainly clearly still a location available on the market for your conventional bunk beds, a large number of parents have come to be concerned about the questionable security of their children implementing a ladder to access the best bunk and whether or not the rails about the top of a standard bunk are enough to avert a restless youngster from rolling out during the evening. The suppliers have taken several from the parents’ worries on board and have applied further security capabilities to these classic bunk bed models. This involves doing away with the ladder, for 1 thing. A large number of children’s bunk beds now on the market incorporate integral stairways into their designs, enabling youngsters to climb up these stairs to attain the best bunk. This is a much safer selection.

By far the most well-liked bunk beds on the market are the twin more than twin bunks, the complete more than full bunks and the twin more than complete bunks. A lot of with the twin-over-twin bunks is often used side by side as standard twin beds. A twin above complete bunk bed has a single bed because the top bunk as well as a full-width, double bed as the decrease bunk. One more famous alternative will be the futon bunk, many of that are made along the lines of the twin-over-full bunk bed. In my very own viewpoint, this can be a lovely alternative for little ones to have the option of implementing the bottom bunk as a sofa through the daytime.

A far extra current innovation could be the sofa that, with a few twists and turns, is usually quickly turned into a set of bunk beds. With regards to being good space saving bunk beds, this convertible couch is very good. To cut a prolonged story brief, the back of this sofa converts in to the upper bunk whilst the sofa seat converts in to the decrease bunk. Brilliant although this notion is [and it really is really clever], it’s hoped that, eventually, the price will come down a little – rather a good deal, truly, considering that that is undoubtedly not a low priced alternative. It’s superb, and complete fills each of the selections necessary of space saving bunk beds, till you come towards the cost. The last time I looked, this tiny number retailed at a cool $6,800.00!

Tips New Currency Traders

Currency trading is possibly the easiest way to build your stock digital currencies, fast… but it’s also a good way to lose it all if you dive in unprepared. An even bigger risk is when you ‘get lucky’ early on and start to think you’ve got it all worked out…

You start to feel invincible and the temptation is to loosen stops, increase lot sizes and take bigger and bigger risks.

And quite often you’ll get away with it… for a while.

But rest assured that sooner or later, the market has a way of coming back to make you feel very, very human.

The thing is, almost every trader who blows up their account do so after a run of amazing success.

Don’t fall into that trap…

The better things are going, the more important your trading plan and money management become if you don’t want to become another statistic.

Whole books have been written on the psychology of trading and money management, so I won’t try to rehash all that in a single blog post, but I will share a few tips that might save you some pain. If you want ot dig deeper, find yourself a copy of Fooled By Randomness… essential reading for any trader in any market!

A Few Trading Tips To Get You Started…

Trade A Demo Account First. Everyone struggles with this… we all want to go live, especially if we are having some wins… but the process is invaluable as it’s teaching you trading patience.

Trading opportunities are like buses… if you miss one there will always be another one along soon after!

ALWAYS Trade With a Plan. If you don’t know you’re entry, your stop loss and your profit target, don’t take the trade until you do.

ALWAYS Trade With a Stop. It seems like common sense and everyone starts out using them religiously, but they are the first thing to go as your account balance starts to grow.

NEVER Move Your Stop. Decide your maximum risk before you enter any trade, and stick to it. If the trade goes against you, take the loss and move on.

ONLY Trade Funds You Can Afford To Lose. Again, common sense but I’ve seen plenty of people get into trouble charging up their credit cards, especially when they were eager to get back in after blowing up their account.

NEVER Risk More Than 2% Of Your Account On A Single Trade. That way you can sustain a run of 50 losses without blowing up your account.

The Trend Is Your Friend. Trading against the trend is higher risk and usually a sign of impatience. Most people will do better to wait out the retrace and enter in the direction of the trend.

A (Relatively) Simple Beginners Strategy…

If you are new to trading and you’re determined to trade cryptos, it’s safe to say that the long-term trend is LIKELY to be Bullish for most established currencies for the foreseeable future.

So a simple play is to look to buy on dips and hold the position long term…

Keep your lot size small so you can ride out any fluctuations and wait until the market moves well in your favour and then move your stop to a break even point.

Then look for your next entry…

Even with this approach, you want to have a trading context that tells you the trend is indeed up and the market is about to resume moving in that direction. Then you need a firm trading plan that identifies your entry point, your invalidation point (the price where you know you were wrong and it’s time to get out), and a logical profit target.

If any of those don’t mean anything to you, consider working though the following free training package before you risk your money!

An Overview Of Online Car Insurance

Car insurance is now a mandatory aspect as per most state regulations. Each state has its own set of imposed rules and regulations for liability or other forms of coverage to be purchased with a car or automobile, even before a driver sets out on the road. Car insurance is not an area where any applicant would like to spend extra money unnecessary. It is vital to compare car insurance quotes to get the best deals on car insurance with low premium rates and maximum coverage. An applicant should investigate and collect as many quotes as possible from different insurance vendors, and compare them effectively to strike the best deal possible.

The coverage desired by an applicant plays a vital role while comparing and determining car insurance rates. Car insurance comprising of minimal liability coverage may cheap. However, comprehensive coverage that includes theft, accident, etc. may prove to be on the expensive side depending on the requirement of the applicant. At this stage, quote comparison is extremely essential. Although a prospective policy holder may find it tedious to roam from one dealer to another to compare car insurance rates, it is nevertheless essential to do the same to get the best deal from the car insurance market.

The best place to compare car insurance rates and search for quotes is the internet. With multiple sites active on the web dedicated to car and auto insurance schemes, all an applicant requires is a few clicks for effective quote comparison. Online car insurance quotes are extremely convenient as an applicant is saved from the hassle of roaming from one insurance dealer to another or dealing with insurance agents while looking for good deals. It is possible to opt for online car insurance quotes sitting comfortably at home, anytime of the day, with just a few clicks.

Online car insurance quotes are generally available for free. An applicant can check out multiple deals from different insurance dealers simultaneously with online car insurance quotes. Many sites catering to car insurance quotes also offer premium calculators that help applicants determine the premium amount on a monthly or yearly scale depending on coverage opted for and deductible.

The driving history of the applicant does influence car insurance quotes. Drivers with good and clean driving history would be generally preferred by car insurance companies as there are less chances of accidents or damage. An applicant may face issues in availing cheap car insurance deals if he or she has been involved in accidents or has a few speeding tickets to his or her name.


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