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Topic: How do you store your bitcoins? - page 116. (Read 92217 times)

full member
Activity: 397
Merit: 100
February 07, 2016, 11:33:52 PM
storing them in my computer in an ordinary bitcoin core wallet, I don't think it is more vulnerably as long as the computer and my connection is kept secure enough both physically from eavesdropping or from Trojans etc...
hero member
Activity: 810
Merit: 1000
February 07, 2016, 08:50:13 PM
For the ultimate security, I recommend following these simple Australian steps;

1. print a hard copy of your priv keys onto paper
2. laminate the paper in order to water proof it (reason revealed in step 7)
3. proceed to the nearest river or coastal inlet
4. disperse chum (chum is meat offal and blood)
5. watch for a suitably sized crocodile or shark as they approach the chum
6. roll up priv key paper and clench between your teeth
7. launch yourself at the target creature, shark or crocodile, when it reaches a position you are confident in tackling
8. wrestle shark and/or crocodile (yes, in the tropics you may have both at the same time)
9. upon achieving a suitable clench, remove priv key from your mouth and with some vigour, ram it up the beasts butt hole
10. disengage from the target whilst avoiding becoming lunch.

Now your priv keys are in the ultimate biological safe, you can rest assured that it is unlikely that anyone else will steel them (unless they live nearby, have read the article and like inspecting croc or shark arse holes).
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
February 07, 2016, 08:38:20 PM
mostly paper wallets printed from a ubuntu live cd on a notebook with no hard drive to a dumb laser printer on 20 lb paper, them laminated. some in mycelium on an android phone. some in Core on a wintel pc. have a trenzor on order but its not here yet.
hero member
Activity: 532
Merit: 500
February 07, 2016, 08:35:10 PM
I store my bitcoins in multiple wallets it the best to do so.
I think it can be better because you don't will lose everything than.
agree if someone hacking into your wallet. of course all your money will not be lost. because you save money. in many wallets. This is only a precaution only
and make sure you do not use the same password for every wallet
full member
Activity: 242
Merit: 100
Blockchain-based Financial Ecosystem
February 07, 2016, 07:39:23 PM
If you maintain a good Internet security routine on your devices I think it's not dangerous to hold your stash in online wallets. I have tested several wallets and nothing bad happened like losing coins or getting hacked.

The problem with online wallets is:

  • You trust THEY have good security
  • You trust THEY have honest employees
  • You trust THEY have the bitcoins needed to back all the value deposited

That's an awful lot of trust, and a lot of on-line wallets have gone belly-up in the past.

That is why only a small amount should be kept them, so that in the event of a tragedy, you only lose a little.

 now i am using one bitcoin and I have a one wallet. First I have locked in wallet and I don,t say more person about wallet password when I need some goods or any thing personally use that wallet password

















hero member
Activity: 778
Merit: 500
February 07, 2016, 10:45:29 AM
I store my bitcoins in multiple wallets it the best to do so.
I think it can be better because you don't will lose everything than.
full member
Activity: 182
Merit: 107
February 07, 2016, 09:03:54 AM
If you maintain a good Internet security routine on your devices I think it's not dangerous to hold your stash in online wallets. I have tested several wallets and nothing bad happened like losing coins or getting hacked.

The problem with online wallets is:

  • You trust THEY have good security
  • You trust THEY have honest employees
  • You trust THEY have the bitcoins needed to back all the value deposited

That's an awful lot of trust, and a lot of on-line wallets have gone belly-up in the past.

That is why only a small amount should be kept them, so that in the event of a tragedy, you only lose a little.
sr. member
Activity: 616
Merit: 250
February 07, 2016, 08:03:38 AM
When i see many people lost his money/wallet. i use trading account to store my money not all but enough, activate the 2FA.

Then we are save.
full member
Activity: 297
Merit: 100
February 07, 2016, 07:55:42 AM
I store it in a computer, I have about a bitcoin and I think computer storage is OK with an amount like that, people with thousands of bitcoins should of course secure it in a much better way.
full member
Activity: 210
Merit: 100
★777Coin.com★ Fun BTC Casino!
February 07, 2016, 07:40:41 AM
As the provabial saying goes 'don't keep al eggs in one basket', I prefer keeping bitcoins in different forms. A desktop wallet seems safer for me, an online wallet for easy transactions and different exchanges just in case I need some fiat.
full member
Activity: 224
Merit: 100
February 07, 2016, 07:34:26 AM
I use a wallet program, because i dont have any money to buy hardware.

I also saved my btc in a paper wallet.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
February 07, 2016, 07:22:40 AM
i suggest you to store your bitcoins in multiple online wallets. ex- some small amount in blockchain.info and some good amount in cold wallet. and keep changing your passwords and keep it strong:D

Seriously, keep bitcoins in online wallets? It's very risky even you just put small amount of bitcoin there.
Keep bitcoin in cold wallet is good idea, but i think keep changing password is really useful. Just keep bitcoin in 100% cold wallet & add very strong password, change password frequently could lead to forget your password.
hero member
Activity: 1190
Merit: 500
February 07, 2016, 07:29:49 AM
I store in multi wallets , in that hardware wallet , electrum i store my savings and online web wallet i store for playing in sports betting and trading , this is my type of storing my bitcoins.
yeah I also made manywallets. for their respective functions. I use electrum for store long-term and blockchain to the needs of everyday transactions
more easy
full member
Activity: 1162
Merit: 168
February 07, 2016, 07:17:04 AM
I own less than a bitcoin so I'm storing that amount online in blockchain.info and some in a PC wallet called electrum, however if it's something more like 4-5 BTC I think it would be more appropriate to store it in a USB or hardware wallet, also storing in a paper wallet is very decent for big amounts.
full member
Activity: 260
Merit: 100
February 07, 2016, 06:44:19 AM
i suggest you to store your bitcoins in multiple online wallets. ex- some small amount in blockchain.info and some good amount in cold wallet. and keep changing your passwords and keep it strong:D
hero member
Activity: 672
Merit: 500
February 07, 2016, 04:35:16 AM
If you maintain a good Internet security routine on your devices I think it's not dangerous to hold your stash in online wallets. I have tested several wallets and nothing bad happened like losing coins or getting hacked.

Many people has used online wallet to store their bitcoin and it is safety enough. But there's ever some scam with online wallet which stored a lot of bitcoin. For stay away from this cyber crime, we should mix our bitcoin to many wallet. It will better than gathered all of your bitcoin into one wallet Wink
sr. member
Activity: 350
Merit: 250
Shit, did I leave the stove on?
February 07, 2016, 03:52:30 AM
If you maintain a good Internet security routine on your devices I think it's not dangerous to hold your stash in online wallets. I have tested several wallets and nothing bad happened like losing coins or getting hacked.
full member
Activity: 182
Merit: 107
February 07, 2016, 03:44:54 AM
I keep a small amount at coinbase. That makes them easy to access if I am not at home.

I keep a larger but still small amount in the bitcoin-core QT wallet. That makes them easy to access when I am home.

The bulk I keep in cold addresses - pass phrase to create private key is written down and stored in safe location, salt is backed up in different location, both salt and pass phrase are needed to create the private key. That's my long term storage, savings account equivalent.
hero member
Activity: 798
Merit: 1000
LIR Dev. www.letitride.io
February 07, 2016, 03:42:01 AM
lately I never use bitcoin I get, I just put it in two different wallets, one in blockchain and the other in c-CEX, I hope it will always be safe  Smiley

Online wallets like block chain or coinbase are safe only but still hackers are scamming in online wallets. Better you would go ahead with offline wallets, paper or cold storage to keep it safe.
That is the thing i know online wallets can be unsafe but i have had a small amount in blockchain.info since i started here. I say small but we are talking a couple of btc. If you have just a small amount then as you say they are safe enough. When you get to 5 and above btc that is when send to cold storage just to be sure. If you have good security and dont surf and download from dodgy sites all will be ok. I only leave on exchanges what i could lose, they could run at anytime Sad
legendary
Activity: 1946
Merit: 1137
February 07, 2016, 03:25:04 AM
any wallet that is connected to internet or online wallets are just for receiving bitcoin and spending them in i want to buy something or gamble a little bit. but the main bitcoin amount should go in my cold storage wallet in order to keep them safe.
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