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re: Bitcoin's value dropped after flaw found in currency software

Posted on 2/11/14 at 5:08 pm to
Posted by brucevilanch
Fort Worth, Tejas
Member since May 2011
24334 posts
Posted on 2/11/14 at 5:08 pm to
quote:

Basically, youre giving somebody you dont know $1000 USD and they are going to assign you a long string of numbers, and put those numbers in a wallet they claim is yours, and tell you those numbers equals to $1000 in bitcoins



pretty much, if you leave it on an exchange.

quote:

But at any time they can keep you from getting your value out, because you really have no way of insuring your investment, or even if your numbers mean anything


I have not had any problems getting my BTC to USD, or spending the BTC.
This post was edited on 2/11/14 at 5:30 pm
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