Quote from: kokojie on September 17, 2012, 12:59:23 AM

Quote from: RyanRed on September 16, 2012, 10:49:45 PM

Alright thanks for the posts everyone!

One last question. Those of you that do use blockchain. Would you be comfortable with having say $10,000 worth of coins in your account, and be completely free of worry? In other words, do you trust the site to hold large amounts of money, and just letting it sit there as a savings if you will?

Thanks again!

-Ryan

If you utilize the two factor authentication with blockchain.info and take pre-cautions, like install a browser specificly for blockchain.info, and don't use it to visit any other site, it's almost impossible to lose your coins, unless you done something incredibly stupid. Blockchain.info don't actually hold your coins, and can't actually access your coins without your password. The only other possibility, is if blockchain.info's server got hacked and source code got changed, it's pretty rare these days for a competent website to lose control of their source code, I think I've only heard of this happening in the case of the employee of the hosting provider has done the hacking. If blockchain.info's source code got changed, then all users who login during the period can potentially lose their coins, until piuk the operator discover the hack. Again this is an extremely rare case, and would not affect you if you did not login during the time of the hack.

Fantastic info! I appreciate you taking the time to write that. Great to know! Cheesy

-Ryan