Personally I don't like hardware wallets at all. They are fancy gadgets for me now. They are advertised as your ultimate bitcoin storing device but you can pretty much achieve the same, or even better safety for free.
If you use software wallets and proper manage your passwords, machine security etc your coins will be safely enough. There is no need for Trezor unless you are like bitcoin millionaire imho.
Topic: How much would you trust trezor? - page 5. (Read 10375 times)
If bitcoin was accepted more i would probably buy one rather than holding them on my phone. but until then i will stick to paper for storage and phone for spending.
The current price for a Trezor is about 0.4 BTC.
I recommend you wait until your bitcoin holdings are 10-20 times that (4-8 BTC) before you invest in a Trezor.
I recommend you wait until your bitcoin holdings are 10-20 times that (4-8 BTC) before you invest in a Trezor.
or when the value of one bitcoin will be big enough that you can buy 1 trezor with 0.1 and store there 1btc, by your logic
still too expensive for me, i would prefer a more cheaper solution that come with the same efatures, when in the future trezor and other wallet will become a standard thing, the price will diminish
Since the keys are stored on the trezor device and not on the internet, you could say trezor is currently one of the safest wallets out there. I'm considering to buy one device from trezor myself in the future.
However I think that one is capable of securing their own wallets. The security risk isn't that high yet in my opinion.
However I think that one is capable of securing their own wallets. The security risk isn't that high yet in my opinion.
The current price for a Trezor is about 0.4 BTC.
I recommend you wait until your bitcoin holdings are 10-20 times that (4-8 BTC) before you invest in a Trezor.
I recommend you wait until your bitcoin holdings are 10-20 times that (4-8 BTC) before you invest in a Trezor.
I've seen alot of reviews on it for the past couple of years, and have yet to see a single negative comment about the security of trezor. although personally i wouldnt buy it because of the price. if you can afford it i definitely recommend it.
Yep, same here. I might try it out once I reach the amount of bitcoins that I think are worth buying trezor for.
I haven't seen a single negative thing about it yet
I've seen alot of reviews on it for the past couple of years, and have yet to see a single negative comment about the security of trezor. although personally i wouldnt buy it because of the price. if you can afford it i definitely recommend it.
I think the price is oke, some people buy for a leather wallet is more than 100 dollars.
With this trezor your bitcoin is protedcted, if you are holding your bitcoin for a long time beter buy this.
Well with paper wallet the ink can go out with paper wallet you need to becareful with water fire and other thinks.
...I have read some reviews about trezor and it is prety good.
Try throwing it on fire, or water... And see what happens.You can secure it, to prevent this from happening. Make backups of your paper wallet and safe it in different places.
You could plasticize your paper wallet as well.
But then I would just rather use a paper wallet that spend the money a Trezor is worth for, which I could save to buy more Bitcoin. Honestly I still don't see the big necessity of it unless you are a person that is traveling the world constantly and needs mobility, if not, then a secured desktop computer and a paper wallet will do.
I've seen alot of reviews on it for the past couple of years, and have yet to see a single negative comment about the security of trezor. although personally i wouldnt buy it because of the price. if you can afford it i definitely recommend it.
Well with paper wallet the ink can go out with paper wallet you need to becareful with water fire and other thinks.
...I have read some reviews about trezor and it is prety good.
Try throwing it on fire, or water... And see what happens.You can secure it, to prevent this from happening. Make backups of your paper wallet and safe it in different places.
You could plasticize your paper wallet as well.
Well with paper wallet the ink can go out with paper wallet you need to becareful with water fire and other thinks.
...I have read some reviews about trezor and it is prety good.
Try throwing it on fire, or water... And see what happens.
Well with paper wallet the ink can go out with paper wallet you need to becareful with water fire and other thinks.
I have read some reviews about trezor and it is prety good.
I have read some reviews about trezor and it is prety good.
Being basically a tech unsavvy guy, when talk turns to security and all the ways btc can get stolen, I start to despair that it'll ever get adopted by the masses. And I don't enjoy living life in a heightened state of paranoia.
About 8/10
It's second in my review
https://bitcointalksearch.org/topic/delete-1263429
However it's still vulnerable against social engineering and inside job based attacks so it's not hacker proof.
It's second in my review
https://bitcointalksearch.org/topic/delete-1263429
However it's still vulnerable against social engineering and inside job based attacks so it's not hacker proof.
No offense but you admitted ignorance of Trezor in your own thread:
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I`m not sure how trezor works, doesnt it only contain 1 bitcoin address or can you hold multiple?
Can the attacker browse through your fake accounts until it finds the real one and demand that from you instead?
Can the attacker browse through your fake accounts until it finds the real one and demand that from you instead?
At least read the user manual if you want to be taken seriously. Until then your opinion is not useful.
About 8/10
It's second in my review
https://bitcointalksearch.org/topic/delete-1263429
However it's still vulnerable against social engineering and inside job based attacks so it's not hacker proof.
It's second in my review
https://bitcointalksearch.org/topic/delete-1263429
However it's still vulnerable against social engineering and inside job based attacks so it's not hacker proof.
But is only good right if you hold your bitcoins for a long time?
Because actually you dont need trezor if you spend bitcoins every week.
Use a paper wallet (locked in a safe) for bitcoins that you will be holding for a long time.Because actually you dont need trezor if you spend bitcoins every week.
Use a Trezor, with Mycelium on your mobile device, or with Electrum on your computer, for everyday spending from wallets that would be painful to lose.
Use a software wallet to hold small amounts, for spending quickly (e.g. for coffee where you don't want to take the time to plug in your Trezor).
And speaking from experience, when you order your Trezor, don't try to save money by selecting the less expensive shipping option. This will delay the delivery by weeks!
Theoretically there is no difference in security of your bitcoin when using a paper wallet compared to Trezor. There is however a huge difference in convenience if you need to spend bitcoin in cold storage. You should also consider that it is possible to lose bitcoin in a paper wallet by importing and spending keys incorrectly see example.
If you need to spend from a paper wallet consult the guide at Bitcoin Wiki to avoid a costly mistake. As long as you have the seed phrase for your Trezor stored in a safe place it is impossible to lose or have your bitcoin stolen. At the same time you can spend or receive bitcoin conveniently and safely as you wish. Your premise that it is better to use a paper wallet than Trezor for long term storage is a common urban myth and just wrong. Sorry about that.
Im not bitcoin rich enough to get a trezor. It would be
like buying a $300 wallet to keep $100 in lol. I dont think
its a bad deal at all if you were an early adopter and your
sitting on a pile of coins.
like buying a $300 wallet to keep $100 in lol. I dont think
its a bad deal at all if you were an early adopter and your
sitting on a pile of coins.
But is only good right if you hold your bitcoins for a long time?
Because actually you dont need trezor if you spend bitcoins every week.
Use a paper wallet (locked in a safe) for bitcoins that you will be holding for a long time.Because actually you dont need trezor if you spend bitcoins every week.
Use a Trezor, with Mycelium on your mobile device, or with Electrum on your computer, for everyday spending from wallets that would be painful to lose.
Use a software wallet to hold small amounts, for spending quickly (e.g. for coffee where you don't want to take the time to plug in your Trezor).
And speaking from experience, when you order your Trezor, don't try to save money by selecting the less expensive shipping option. This will delay the delivery by weeks!
After everything I've read about them, I think they could be trusted. But I still prefer to put my coins in regular cold storage.
Armory fits my needs perfectly
Armory fits my needs perfectly
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How cheap are you looking for? because they are having sales every time there's an holiday coming up. It was on sale on black friday. Maybe there will be a sale on Christmas as well.
Im talking like 30 quid or something and then maybe i would buy one.
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