Quote from: AgentofCoin on July 24, 2015, 07:11:03 PM

Quote from: PenguinFire on July 24, 2015, 06:45:14 PM

Quote from: SebastianJu on July 24, 2015, 06:40:48 PM

Quote from: spazzdla on July 24, 2015, 03:43:15 PM

blockchain.info most certiantly DOES NOT need to know your private key...

They use normal 1... bitcoin addresses right? Then how can it be possible that its impossible for them to know the private keys? The wallets are on their servers, which means one way or another they, or at least an employee has to be able to get the keys.

Maybe i did not think it through how it could be done otherwise.

I believe they do. And they definitely have your private key if they are withdrawing and depositing on your behalf.

Blockchain.info can not withdraw your BTC on your behalf. That makes no sense.

You Wot mate?
They're the wallet provider. They can do anything they want with your bitcoins because they keep your private keys. (Even if you export them they still have a copy of the private keys).