Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

It's not the first time blockchain.info has been down for a prolonged period. While they have awesome UI and reports, it seems like their stability and disaster recovery is letting them down. Not a good sign for the bitcoin ecosystem if the flagship website can't be relied upon especially in the era of distributed cloud based systems.

To be fair there are plenty of block explorers and blockchain.info isn't even my favorite one, its hardly not a good sign for the ecosystem of Bitcoin if a website goes down, don't be so dramatic.

Blockchain.info is a block explorer and a bitcoin wallet with more than 1.5 million users.

So!? You control the private keys, no ? If your relying on third party services to the point where an hour or so of down time has you running in circles and panicking then your doing it wrong. Even worse if your worried they're stealing your funds then why on earth use it in the first place. I just don't get this, Bitcoin has given us a way to not have to trust third parties and the first thing everyone wants to do is start giving their coins to third parties, when will people learn.

its about convenience.
not having to store dozen gigs of blockchain on your ssd. or keeping it in sync over a tiny limited data plan

There are light clients like Electrum which don't need to download the blockchain. While a server is trusted to provide the blockchain, it is not trusted for anything else or to store your private key and you retain control over your key and your coins.

You can also use a paper wallet and use something like a copy of brainwallet.org to push out the transactions