They do not emphasize wallet security issues enough.<p>Before buying any serious amount of BTC user must ensure:<p>1. Software that he uses actually encrypts wallets (BitcoinQT by default does not!).<p>2. His wallet is backed up in 3 places.<p>3. Backups actually work and he tried them.<p>4. His computer is not infested with malware.<p>5. He has multiple wallets and money is spread across all of them.<p>So that if he one days makes a payment, enters a password and virus steals his coins, he will not lose everything.<p>Blockchain.info is a great service, but only when you enable 2-factor authentication (otherwise your encrypted wallet can be bruteforced offline) and make sure you get backups by email.<p>Finally, everyone should remember:<p>THERE IS NO "FORGET MY PASSWORD" BUTTON.<p>If you own your coins, be it in BitcoinQT, Electrum or Blockchain.info, you must own your password. You lose it - you are done. People are not used to it. They should be.
How to actually get bitcoins?<p>I mean, seriously, I tried, but all my attempts were futile.<p>Why can't I just use a credit card or similar and buy bitcoints?<p>Back when they were $100, I really wanted to buy a bitcoin, spent half a day on it, but didn't manage to. I gave up everytime I needed to do something strange involving permissions with my bank.<p>Is there an easier way to get them? I live in Europe by the way.<p>Thanks!
Under "protection":<p>"The nature of Bitcoin means that, compared to credit cards or other financial tools, your identity is safer from theft. Your level of privacy is up to you, and in the online world privacy and protection are an asset."<p>This is hilarious. Right now basically every week we have news of millions of dollars worth of bitcoins being stolen from sites. In contrast, with a credit card every client has full protection including fraud, charge-backs, returns, etc.
I wonder how Mt. Gox dares to spend their time creating this (which is nice by the way) instead of solving their withdrawal issues and finishing their new trading engine integration, which is pissing off many of their customers.<p>The only reasonable explanation is that they have given up on decreasing their churn rate and instead they are focusing on acquiring newbies into their platform. Actually this is kind of sad...
The idea of using Bitcoin at this point in time to physically purchase goods and services is ridiculous given the speed of speculation. Hypothetically, why should I pay someone 0.5 BTC at $1000/BTC if in a couple of days I know it's going to rise to $1000+/BTC? Obviously the seller is betting on their value going up, but at this point, there's no reason to do anything except hold onto your BTC until the market actually stabilizes or even crashes.
Under "top 8" exchanges they list MtGox first. Does not inspire confidence in them in light of the news about BTC China being the biggest.<p>They claim the rankings come from Bitcoin Charts, yet on there BTC China has 60% more volume than MtGox.
Its just a shameless attempt to advertise mtgox, who by now pretty much pissed off everyone in the bitcoin community with their crap.<p>Remember it was mtgox who caused the last crash and have since continued to screw users while getting into all sorts of trouble in US for dodgy going ons
Wow, they used a BFL Jalapeno as their example miner: <a href="http://www.bitcoins.com/assets/img/illustrations/digitally_created.png" rel="nofollow">http://www.bitcoins.com/assets/img/illustrations/digitally_c...</a><p>Interesting choice...
How about they process things faster. Maybe add direct deposit like coinbase from bank but make it faster with less fees. Bitcoin wiki is already very good.
Can we automatically downvote all Bitcoin news please? Seems like every owner of Bitcoin these days is either busy writing a blog or making a Bitcoin related webpage? - Ponzi