Quote from: CrapMan on April 07, 2014, 04:12:00 PM

Actually I do have BTC, very few, I just bought what I can afford to lose if they were ever stolen, hacked or even if the price one night dropped to Zero.

Your story is the reason behind why every single real business out there is not getting involved in this waiting to see what will really end up happening with those crypto-currency.

As I believe this BTC is a very smart thing, I also believe that for the first time in the internet life it created the best chance for hackers to steals billions of dollars! The greatest opportunity ever!

Please please please forum, don't get on me and tell me I am a sucker, or a loser, or BTC can't be hacked but it is the website, I DO UNDERSTAND ALL THIS!

But what I am saying is: before the hacker would work so hard to hack few bucks, those Nigeria scams all for just few bucks, or the best they would hack is an account with 1000 bucks and usually mostly bank account are insured so usually people get their money back!
Or may be the hackers will hack a movie or Windows or office or some software and post it on one of those file sharing like Megaupload or rapidshare ...etc which they may sell for a buck or distributed for free (in the third world)!
This BTC created a great opportunity for hackers to not only hack but also become owner of millions of dollars, one coin worth almost $500!

I have read a lot saying: it will cost a lot of money to hack whatever it is for 10 minutes, well.... for a hacker it is worth it! if someone tell you I sell you a car for $20 when it is worth $20000, will you say no?

Again, I am not against the crypto-currency, but I am against having million of dollars of it. that's the problem usually with majority of humans (including me probably) as they make millions and still: they don't get out they just want more and more thinking that what happened to Josh or Tara or or or... will not happen to them!

I have a read a good quote somewhere in this forum as someone said: if you hold coin that if they get stolen then it ruin your life or scare you then you are holding too much coins!

I am sorry man for your loss, but again this is the idea of BTC, you want anonymity? you want Tax free? you want to deal with drugs and arms? well they all come with a risk which is: you also might lose everything!

I never cared to avoid taxes, I like having police around, I like following the law. My tax pay for the police and the law: they protect me, they protect my rights and they would die in the line of duty to save a mother fucker like me if I get hurt or kidnapped ..etc.
If the gov. says Tax is 10% then I pay it, if the gov. says tax 30% then I pay it too, if the gov. says tax is 50% then pay it too. At the end of the day I know there is police around, I know my bank will not let me down and I know I am FDIC insured!

Again, please don't trash me, I am not against the crypto-currency as I have few myself, but I am saying that: everything comes at risk!

Wish you the best man, I really hope what you lost was only profit and not your base money.

I'm not entirely sure what you're getting at here, however I understand it comes with risks. I'm kicking myself for not being more careful, but at the same time I'm thankful that I kept a portion of my other litecoin in a secure wallet. So I haven't lost everything.