Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
paratox
on 16/02/2018, 00:15:06 UTC
https://www.reddit.com/r/Monero/comments/7xptw2/watch_out_for_mymonerocom_my_funds_got_stolen_on/

 Shocked Shocked Shocked

 how come ppl losing their xmr almost everyday at your official online wallet there Huh

and what the fuzz about monerov Huh  is it good coin Huh  


i thinking about buying alot of it if they provide good solution toward monero's shortfall... u know Monero Enterprise alliance and stuff...  it sound like a centralization.

They claim that their coins were stolen. The same way I could claim they are lying about this to FUD monero. They can't prove I am wrong and I can't prove they are wrong.

I haven't heard from any credible member who got his coins stolen from mymonero. Most often rather new accounts are claiming their monero got stolen.

I have been very lax on security measures with a few mymonero wallets just to see if someone is gonna steal them. Nothing got stolen in the past 2 years.

The main takeaway is, don't trust webwallets with any coin. It is not like people ever stated that webwallets are secure.  It is just reckless behaviour on the side of the user to use them anyway . There are more secure alternatives available.


I'm sure there are a few Fudders but due to the shear volume of accounts hacked I doubt it is all bullshit/phishing or poor SECOP. I believe I know what it is but I've warned of it for years and no-one has taken me serious so whatever I could care at this point. Using any Webwallet for any amount your not prepared to lose is dumb, there have been credible members that have lost coins years ago and warned the community so if people don't listen then thats their problem. Also I see a concerted effort to keep these reports shuffled away and ignored. I have never seen an official release of proof of any investigation and/or resolution to even one theft. I think Birr has been waiting for 2 years for an explanation other than we don't keep logs.

I can't remember what it was you warned about. Are you talking about the theory that cloudfare could be responsible for the thefts? Seems like there was a short discussion about this possibility at reddit a couple of weeks ago -
 https://www.reddit.com/r/Monero/comments/7tc3za/a_theory_regarding_the_randomly_reported_thefts/

I went through past posts about the thefts and you are indeed right, there were some credible members who got a lot of money stolen from their mymonero wallet.

Maybe closing down mymonero wouldn't be a bad idea at this point in time? If I remember correctly, Fluffy already suggested to do this in the past, but some people were against it. But now we have more options for storage and with the impending release of the "official" android/iOs/hardware wallets, mymonero wont be needed anymore (IMO).