Topic: How to store your Bitcoin in a safe way? -> HARDWARE WALLETS! - page 3. (Read 3339 times)
December 13, 2014, 09:06:39 AM
Mutliple back ups encrypted with your gpg keys and versions encrypted several of your friends gpg keys.
December 13, 2014, 08:50:50 AM
for me i just move the wallet dat to my usb 
ditto
i don't need an expensive usb, when i can get a cheap one and "put" my btc there easily, my wallet trap can tell me easy if my pc is infected thus, attaching any usb would result in a safe move
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December 13, 2014, 08:19:19 AM
I am confused, multiple paper wallets of the same wallet? You mean break it down into smaller wallets and make one paper wallet but not copies for each?
Yes, split the Bitcoins to a few paper wallets and then keep it somewhere safe. Making many copies is good only if you are sure that no persons who will steal it see it. Splitting bitcoins would be good as if one is gone, we can get the remaining ones.
~~MZ~~
December 13, 2014, 07:37:22 AM
Just want to tell, making copies of same paper wallet is actually not a good idea as if one is stolen, everything goes. It is better if you make multiple paper wallets. 
~~MZ~~
~~MZ~~
I am confused, multiple paper wallets of the same wallet? You mean break it down into smaller wallets and make one paper wallet but not copies for each?
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I prefer Zakir over Muhammed when mentioning me!
December 13, 2014, 06:56:32 AM
How can you be so sure? What if the paper wallet is stolen? What if it is damaged? Almost nothing is sure, they're just assumptions. if you want to make an extra layer of security, encrypt the qr-code. 
You cannot be sure but you are secure if you encrypt the wallet (don't forget the password!), you make a copy, you store them securely and you print the wallets on a plastic paper.
. True. Safest way so far: make a paper wallet, print multiple copies, laminate one of those copies, store in a safe place, then poof! Your btc is now safe.
No need for any hassles or anything, but if you want that extra effort, then do some of those time-consuming yet safe methods.
No need for any hassles or anything, but if you want that extra effort, then do some of those time-consuming yet safe methods.
Just want to tell, making copies of same paper wallet is actually not a good idea as if one is stolen, everything goes. It is better if you make multiple paper wallets.
~~MZ~~
December 13, 2014, 06:48:38 AM
Safest way so far: make a paper wallet, print multiple copies, laminate one of those copies, store in a safe place, then poof! Your btc is now safe.
No need for any hassles or anything, but if you want that extra effort, then do some of those time-consuming yet safe methods.
No need for any hassles or anything, but if you want that extra effort, then do some of those time-consuming yet safe methods.
December 13, 2014, 06:36:59 AM
Cold storage is the way. Use paper wallet and you can be sure that bitcoin can not be stolen.
How can you be so sure? What if the paper wallet is stolen? What if it is damaged? Almost nothing is sure, they're just assumptions. if you want to make an extra layer of security, encrypt the qr-code.
~~MZ~~
You cannot be sure but you are secure if you encrypt the wallet (don't forget the password!), you make a copy, you store them securely and you print the wallets on a plastic paper.
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
December 13, 2014, 06:23:52 AM
Cold storage is the way. Use paper wallet and you can be sure that bitcoin can not be stolen.
How can you be so sure? What if the paper wallet is stolen? What if it is damaged? Almost nothing is sure, they're just assumptions. if you want to make an extra layer of security, encrypt the qr-code.
~~MZ~~
December 13, 2014, 05:16:27 AM
Cold storage is the way. Use paper wallet and you can be sure that bitcoin can not be stolen.
December 13, 2014, 05:09:12 AM
i my view we must have these cheap devices which are easy to use and made for the mass market. normal people dont use a paper wallet. and notice: when your PC is compromsied and you generate a paper wallet, your BTC is gone.
Exactly, securing bitcoins needs to be as simple as sticking a usb device into a computer. Most people wont want to go through the hassle of learning how to make paper wallets, the process needs to be drastically simplified.
December 13, 2014, 04:02:15 AM
Do not store wallet.dat on dropbox or any online service
Yes, this is dengerous.
store on flash drive specifically for your wallet.dat only
December 13, 2014, 02:54:24 AM
i my view we must have these cheap devices which are easy to use and made for the mass market. normal people dont use a paper wallet. and notice: when your PC is compromsied and you generate a paper wallet, your BTC is gone.
There is no need for all those. Use a paper wallet and it will remain safe.
It is hard to beat a paper wallet that is secured in something trusted as a security deposit box.
This was a interesting device and price is not as high as some alternatives. It will take a while of testing before I would trust it with much.
One common mistake is keeping the electronic copy of it. It should be deleted as it defeats the purpose of the paper wallet.
How to store your Bitcoin in a safe way?
A cheap and sercure way:
The team behind a new affordable multisig bitcoin wallet say their product has security features that make it almost immune to hacking attacks.
http://www.coindesk.com/ledger-launches-usb-bitcoin-wallet-bank-grade-security/
A cheap and sercure way:
The team behind a new affordable multisig bitcoin wallet say their product has security features that make it almost immune to hacking attacks.
http://www.coindesk.com/ledger-launches-usb-bitcoin-wallet-bank-grade-security/
Good. You can store in a Brain or Paper wallet too
Simple and cheap. hero member
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I prefer Zakir over Muhammed when mentioning me!
There is no need for all those. Use a paper wallet and it will remain safe.
It is hard to beat a paper wallet that is secured in something trusted as a security deposit box.
This was a interesting device and price is not as high as some alternatives. It will take a while of testing before I would trust it with much.
It is similar to BTChip and BTChip has partnered with them to make Ledger wallet. BTChip has good reputation and is good to use. So, IMHO it is okay using ledger wallet.
~~MZ~~
There is no need for all those. Use a paper wallet and it will remain safe.
It is hard to beat a paper wallet that is secured in something trusted as a security deposit box.
This was a interesting device and price is not as high as some alternatives. It will take a while of testing before I would trust it with much.
for me i just move the wallet dat to my usb
There is no need for all those. Use a paper wallet and it will remain safe.
Paper wallet is a good solution.
Coinbase makes it easy to create one.
There is no need for all those. Use a paper wallet and it will remain safe.
on your computer in the core wallet and backed up on a flash drive, in a case, in your safe.
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