Quote from: Queeq on June 19, 2014, 08:55:19 AM

Quote from: atp1916 on June 19, 2014, 07:00:01 AM

That would maybe explain the 10k NRS sell wall that i saw yesterday. The volume last 4-5 days has been literally x2-x3 what it normally has been, with the diff remaining relatively constant.

It would be nice if coins had a self-destructing kill switch in the event that said coin(s) was/were flagged as stolen. Definitely not cool for the owner, but better than inflicting a price slump by dumping upon the market/everyone else.

Having such switch would be nice. Though I don't think it's possible. What would the mechanism for this be? It would be either not working (working only if coins still in the wallet) or highly vulnerable to abuse (in case if original holder could destroy them in other wallets).

Good point about the abuse aspect. I bring to mind the kill-switch ideas for mobile phones and how badly those plans work or are intended to work. Definitely requires some more thought.

However, what may be easier is simply some authentication in place on the wallet that requires a correct passcode before actually sending any coins. As it stands now, it is simply too easy to transfer coins. Break in to the system, and the bank is yours. If there was some sort of authentication on not only accessing the wallet itself, but also the 'send' function, i do believe it would drastically reduce the number of successful thefts.