Author

Topic: At what thresholds would you change your Bitcoin security? (Read 926 times)

b!z
legendary
Activity: 1582
Merit: 1010
does anyone have a tutorial on how paper wallets? if we do in fact have a paper wallet, is the only way to that paper wallet through the qr code?

You can also type in the key.
member
Activity: 93
Merit: 10
#feelthebern
does anyone have a tutorial on how paper wallets? if we do in fact have a paper wallet, is the only way to that paper wallet through the qr code?
newbie
Activity: 14
Merit: 0
Encrypted storage regardless of the amount.   Because .1 BTC will be worth a couple thousand one day.   Grin  Must collect the precious BTC!
legendary
Activity: 2170
Merit: 1427
I gave my cold storage wallets long and strong passwords, while my wallets that I use to send/receive btc have a very easy pass.
member
Activity: 63
Merit: 10
Buy a new computer set or laptop, new installed os and antivirus. Open your wallet there, make sure your connection is encrypted, after you send the bitcoins to the new wallet disconnect it from the internet. If you want to back up burn your wallet to a clean new dvd or print your private to a paper using a new printer connected directly to the computer. Don't use any usb or dvd on this computer again.
b!z
legendary
Activity: 1582
Merit: 1010
I don't sacrifice security for convenience.

Mhm, so you make a new cold wallet every time you want to spend a single mBTC ?

I rarely make transactions that small.
legendary
Activity: 1120
Merit: 1038
I don't sacrifice security for convenience.

Mhm, so you make a new cold wallet every time you want to spend a single mBTC ?
b!z
legendary
Activity: 1582
Merit: 1010
I don't sacrifice security for convenience.
legendary
Activity: 1540
Merit: 1000
I'm about the same because anything more than 2BTC is difficult to spend immediately so it's a good idea to stash it, also I'd seriously consider investing in some sort of passive income with that amount of money.
legendary
Activity: 1120
Merit: 1038
For me,

Under 0.2 BTC  (Under 100$) :- Online wallet, whose private keys are not under my control. Allows for faster transactions
0.2 to 2 BTC (100 to 1000$) :- Paper wallet/Brain wallet with encryption with 10-15 char password.

What are your 'thresholds' ? What should I do if I ever get 2+ BTC ? What about at 10,000$ (20 BTC) or more ?
Jump to: