Bitcoin debacle: 850,000 bitcoins gone or half a billions dollars

[Kramodlog]

It kind of feels that way. One of the better attempts. The post is actually about the topic. The link is buried in the middle.

I don't see how a BitCoin Casino web site is any safer than a BitCoin bank. They both have servers and IT guys and firewalls. The methods to secure either are the same from an IT perspective as the threats are virtually identical.

additional foolishness is that a casino is somehow a good place to keep your money. Las Vegas isn't called Lost Wages for nothing.

Any chance you have to win money implies a chance to lose money (usually at inverse odds).

If you put money in and win, that money came from somewhere, presumably the guy who lost. Which means, at some point, it'll be your turn in the barrel.

I do a lot of my banking on the interwebz. I trust their security a lot more than start ups of guys who made trade sites from their basement. I trust some organisation to make secure sites, even casinos. Loto-Québec as a gambling website and I'm sure it is trust worthy (which doesn't mean infaliable).

 

[seanwilliam1988]

The value of bitcoin declined a lot because of the issue, but it eventually went up after it recovered. It means bitcoin is a strong virtual currency that can alternate real cash. As of now, bitcoin is still used by many online gambling sites and other businesses around the globe.

 

[Kramodlog]

200,000 bitcoins found between sofa cushions.

 

[Scott DeWar]

Goldomark, A good sign to see if a post is spam or not is it is a low post count.
also look for hidden links such as depicted here:

Spoiler

funky link here

Then report it. If it is not, it gets worked out eventually by the mods.

this is how they do the funky link dance:
[spoiler]funky link dance[/spoiler]