Ballet wallets - page 2. | Bitcointalksearch.org

buwaytress

legendary

Activity: 2758

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Yeah I bought this one a couple of years ago (auction here).

I definitely don't think these types of collectibles are fully safe/secure, as pointed out above, you're only trusting the manufacturer who hopefully is completely removed from the maker, but even so. Almost every collectible I've ever bought has been given away, hopefully to spread the virus Wink

This one I kept though, but might give it away some day. I bought it partly because of the culture of where I come from. It has some significance in the serial # (I know how important it is to people) and I'm pretty sure at some point down the line, I would be able to recoup the BTC once Bitcoin (and these kinds of wallets) become more prominent.

And the Lees, anyway, I feel are decent people...

mk4

legendary

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Quote from: 123Dave on February 16, 2023, 07:10:53 AM

Only the worst b/c you haven’t generated your own keys? Some people don’t know how to generate private keys.

Yes, it's as bad as unnecessary storing of funds on exchanges.

As with generate private keys, you literally just tap/click create wallet on wallet apps(preferably on your hardware wallet). It's the same thing.

NotATether

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Quote from: Pearls Before Swine on February 16, 2023, 07:32:42 AM

Quote from: Charles-Tim on February 16, 2023, 12:21:10 AM

It is made of stainless steel.

I am no physicist but I just slapped a magnet onto my dogecoin Ballet and it did not stick. Some stainless steel grades are magnetic and some aren't, I do know that but I thought it was aluminum. Ahem. I tried my best to bend the thing and could not without using excessive force so I guess you're right.

The stainless steel Ballet wallet types use 304 Stainless Steel - it's inside the tech specs. And 304 Stainless Steel is not magnetic (see this), but other variations such as 409 and 430 are indeed magnetic - as you probably know already - but are more susceptible to corrosion and hence damage. No wonder why Ballet opted out of using them.

One of the virtues that working with CAD products has thought me over the last few months.

Pearls Before Swine

sr. member

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Quote from: Charles-Tim on February 16, 2023, 12:21:10 AM

It is made of stainless steel.

I am no physicist but I just slapped a magnet onto my dogecoin Ballet and it did not stick. Some stainless steel grades are magnetic and some aren't, I do know that but I thought it was aluminum. Ahem. I tried my best to bend the thing and could not without using excessive force so I guess you're right.

The Ballet line of wallets are attractive I think, as is the packaging. But when you're actually going to use a hardware wallet or just a slab of metal like the one sitting next to me it all comes down to the trust you have in the manufacturer since they're providing the private keys. As far as I know Ballet has never been linked to any scam report, but still. These are better as collectibles if that's your thing, and I would never feel comfortable storing a lot of funds on a Ballet.

They've been around for a few years AFAIK, yet there's never much discussion about them that I've seen. Does anyone collect them?

123Dave

copper member

Activity: 192

Merit: 7

Quote from: mk4 on February 16, 2023, 01:24:09 AM

Ballet wallet is pretty much just a paper wallet in stainless steel form where you don't generate the wallet yourself, but a third party; hence that third party may or may not have a copy of your wallet's private keys. If anything, that's one of the worst wallets to use for long-term holding.

Only the worst b/c you haven’t generated your own keys? Some people don’t know how to generate private keys.

mk4

legendary

Activity: 2716

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🪸 NotYourKeys.org 🪸

Ballet wallet is pretty much just a paper wallet in stainless steel form where you don't generate the wallet yourself, but a third party; hence that third party may or may not have a copy of your wallet's private keys. If anything, that's one of the worst wallets to use for long-term holding.

Charles-Tim

legendary

Activity: 1512

Merit: 4795

Quote from: 123Dave on February 15, 2023, 10:29:54 PM

I have bought almost every type of hardware wallet, I’ve been using ballet wallets. In conjunction with a ledger. I really like the ballet the best. Just looking for feedback

Ballet wallet is not a hardware wallet, it falls under the paper wallet category. It is made of stainless steel. The wallet private key is said to be printed in China, while its passphrase is said to be printed in Las Vegas. While holding bitcoin, you do not have to trust anyone, there are many available options you can go for rather than to trust a company or someone to generate for you what can be used to steal all your coins pertaining to the wallet. The best would be to just generate your keys (and passphrase) your self.

Maus0728

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I've only heard ballet wallet when this scam incident about coldkey happened a month ago: https://bitcointalksearch.org/topic/--5434506

AFAIK, ballet wallet resembles funded physical bitcoin collectibles with private keys being assigned by the manufacturer. So you are basically trusting the wallet's manufacturer that he doesn't have access to the private keys associated with the ballet wallet.

Here's a review from other members: https://bitcointalksearch.org/topic/as-i-said-im-stupid-and-impulsive-and-bought-a-ballet-wallet-5292310

123Dave

copper member

Activity: 192

Merit: 7

I have bought almost every type of hardware wallet, I’ve been using ballet wallets. In conjunction with a ledger. I really like the ballet the best. Just looking for feedback

Topic: Ballet wallets - page 2. (Read 407 times)