Author

Topic: bitcoin for safe keeping? (Read 856 times)

sr. member
Activity: 252
Merit: 250
June 15, 2014, 12:30:25 PM
#7
I can't understand you.

If you meant a safe wallet, then I would suggest the paper wallet.
newbie
Activity: 56
Merit: 0
June 15, 2014, 04:38:46 AM
#6
Please offline storage bitcoins, if you want your Bitcoin is safe.
sr. member
Activity: 448
Merit: 250
May 28, 2014, 03:15:41 AM
#5
thank you all  Wink
I also think you need security in your wallet in case, but with frequent transactions would also make me scared
hero member
Activity: 742
Merit: 502
Circa 2010
May 27, 2014, 08:27:52 PM
#4
Theoretically, using the same address over and over for transactions reduces their security. However in reality this shift is so insignificant that you don't need to worry about anyone compromising your private key as a result of it. Reusing an address is a security issue if you have a weak random number generator, as was an issue with the Android Bitcoin Wallet.

If you're interested in knowing why using the same random number in two messages is bad, you can read about ECDSA (ecliptic curve digital signature algorithm) here:
https://en.bitcoin.it/wiki/Protocol_specification#Signatures
full member
Activity: 154
Merit: 100
May 27, 2014, 12:43:41 PM
#3
It think its safe. I'm into safe keeping as well and I believe bitcoin is safe until my kids can use my coins for themselves.
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
May 27, 2014, 10:38:14 AM
#2
The amount of transactions you do has little to nothing to do with the safety of your coins.

Keep your wallet safe, keep your machine safe and your coins are safe.
sr. member
Activity: 448
Merit: 250
May 27, 2014, 08:28:37 AM
#1
I want to ask.
is it safe if we often do shipping and receiving bitcoin transaction?
send examples of bitcoin wallet A wallet to B, from A to xchange B exchange?  Huh
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