Multiple hardware wallets possibly some kept in safety deposit boxes and definitely not all in the same location. I wouldn't let anyone know shit.
You mean if you tell here that how do you safe your Bitcoin it cause your Bitcoin hacked? I don't think only telling wallet name hurt your storing. 
Topic: How would you store >100 Bitcoins? - page 11. (Read 42383 times)
every 5 or 10BTC ... use a new wallet.
i do this.
when you pay ... seller don't know if you have more than 5 or 10 BTC.
i do this.
when you pay ... seller don't know if you have more than 5 or 10 BTC.
You have a point, because if you put it all in just one wallet and for example you have paid someone, your bitcoin address would show in the blockchain.info showing the amounts of bitcoin that you have in your wallet, and because of greediness, they will do anything to steal your bitcoin and take it all without you noticing it. Having this kind of idea is really a great one, though you will need a lot of wallets for you to divide your bitcoin to be safe on someone's greedy hands.
>100 bitcoin is large amount. I prefer like to use hardware wallet rather than paper wallet because paper money can easily burn or ripped. I feel saver to save it in hardware wallet.
Not that I have that many (I wish!), but how would you store >100 Bitcoins? The easy answer is just to say "create 1 offline/cold wallet and put them all in". But what about risk management? IE how do you store a very large value of coins while managing risk against hackers, forgetting passwords, the obvious need for at least 1 hot wallet, portability, easy of use, house fires, EMP bomb's (lol), or if a foreigner had to flee a country while taking no assets etc etc.
I'm looking for real responses and ideas. Please keep the trolling to a minimum
There is an old advice for your problem, " don't put all your eggs in one basket". 100 bitcoin is very big amount to keep in one computer or hardware. Better split into some parts and keep it in many wallet. I'm looking for real responses and ideas. Please keep the trolling to a minimum
Or maybe you can trade your 100 BTC for property in some countries with good price. There is a man from other country bought a villa in my country bitcoin.
Not that I have that many (I wish!), but how would you store >100 Bitcoins? The easy answer is just to say "create 1 offline/cold wallet and put them all in". But what about risk management? IE how do you store a very large value of coins while managing risk against hackers, forgetting passwords, the obvious need for at least 1 hot wallet, portability, easy of use, house fires, EMP bomb's (lol), or if a foreigner had to flee a country while taking no assets etc etc.
I'm looking for real responses and ideas. Please keep the trolling to a minimum
There is an old advice for your problem, " don't put all your eggs in one basket". 100 bitcoin is very big amount to keep in one computer or hardware. Better split into some parts and keep it in many wallet. I'm looking for real responses and ideas. Please keep the trolling to a minimum
Or maybe you can trade your 100 BTC for property in some countries with good price. There is a man from other country bought a villa in my country bitcoin.
i don't think that we want to store 100 bitcoin in just one wallet because its too risky to do this, i think its better to store in more than 3 different wallet and we should keep it save and only us that know the place to keep. i will store in offline wallet for the most of 100 bitcoin, the rest i will spread in many wallet, maybe in wallet that available in market exchange so i can do trade with that amount.
Using more online or hardware wallet increases the security. Importantly the key needs to be remembered always, lot of users just create lot of wallets but forgets the key. In such a way loses bitcoin, to avoid it everything need to be recorded. hero member
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i don't think that we want to store 100 bitcoin in just one wallet because its too risky to do this, i think its better to store in more than 3 different wallet and we should keep it save and only us that know the place to keep. i will store in offline wallet for the most of 100 bitcoin, the rest i will spread in many wallet, maybe in wallet that available in market exchange so i can do trade with that amount.
I will probably store 10BTC on 10 different paper wallets that way if for some reason I lost one of the wallets I will not lose all of my money, I will also keep some copies in different places just in case, there is some kind of natural disaster.
Don't you think if you do that you will feel harder to store you paper wallet... lets say that you store 10 papers in 10 different places so you have to note that where you put it and of course you have to keep it safe all the time. Or you can keep all of them in 1 place so you may lost it all in one time. So, what do you think about using online wallet? We could argue about that. I still want to know your idea because I'm looking for the best solution. Cheers!
I will probably store 10BTC on 10 different paper wallets that way if for some reason I lost one of the wallets I will not lose all of my money, I will also keep some copies in different places just in case, there is some kind of natural disaster.
Not that I have that many (I wish!), but how would you store >100 Bitcoins? The easy answer is just to say "create 1 offline/cold wallet and put them all in". But what about risk management? IE how do you store a very large value of coins while managing risk against hackers, forgetting passwords, the obvious need for at least 1 hot wallet, portability, easy of use, house fires, EMP bomb's (lol), or if a foreigner had to flee a country while taking no assets etc etc.
I'm looking for real responses and ideas. Please keep the trolling to a minimum
The safest way I thought is offline wallet such as hardware wallet or paper wallet. Divide 100btc into several amounts such as 10-20btc in every wallet, but still I will store a part (maybe 10btc) in online wallet for daily transactions. As long as the owner of the wallet always cautious and be careful, the funds will be fine and secure.I'm looking for real responses and ideas. Please keep the trolling to a minimum
I think that, payout is the best. After payouts , we should store them in a bank, and let our money increases. Store it in a bank having interests with, if this case, we can have more investment. Storing it in Bitcoin wallet would be too much danger or very risky. We know that bitcoin is just only a virtual money that anyone can hack your own money. We still need some securities in bitcoin.
Really?? Anyone can do it? No one will have bitcoin in their wallets platform by now as you can hack them, right? Lol, you're out of logical thinking about that. Yes, bitcoin has security issues regarding exchanges wallet but consider less compared to banks robbery, I mean bitcoin wallet is the best way to diversify my wealth instead of store all of it as fiat money. Moreover, the value of bitcoin will increase over time, but fiat will decrease as time goes on.
Not that I have that many (I wish!), but how would you store >100 Bitcoins? The easy answer is just to say "create 1 offline/cold wallet and put them all in". But what about risk management? IE how do you store a very large value of coins while managing risk against hackers, forgetting passwords, the obvious need for at least 1 hot wallet, portability, easy of use, house fires, EMP bomb's (lol), or if a foreigner had to flee a country while taking no assets etc etc.
I'm looking for real responses and ideas. Please keep the trolling to a minimum
If I were to have a 100 bitcoins I will diversify it on a different wallet provider , I am gonna secure it in a paper wallet make a copy of it , laminate it , It will be protected from dust and water ! I am gonna store it to a private box and only people which I trusted commonly a family member is allowed to open it I'm looking for real responses and ideas. Please keep the trolling to a minimum
Not that I have that many (I wish!), but how would you store >100 Bitcoins? The easy answer is just to say "create 1 offline/cold wallet and put them all in". But what about risk management? IE how do you store a very large value of coins while managing risk against hackers, forgetting passwords, the obvious need for at least 1 hot wallet, portability, easy of use, house fires, EMP bomb's (lol), or if a foreigner had to flee a country while taking no assets etc etc.
I'm looking for real responses and ideas. Please keep the trolling to a minimum
The safest way I thought is offline wallet such as hardware wallet or paper wallet. Divide 100btc into several amounts such as 10-20btc in every wallet, but still I will store a part (maybe 10btc) in online wallet for daily transactions. As long as the owner of the wallet always cautious and be careful, the funds will be fine and secure.I'm looking for real responses and ideas. Please keep the trolling to a minimum
I think that, payout is the best. After payouts , we should store them in a bank, and let our money increases. Store it in a bank having interests with, if this case, we can have more investment. Storing it in Bitcoin wallet would be too much danger or very risky. We know that bitcoin is just only a virtual money that anyone can hack your own money. We still need some securities in bitcoin.
Not that I have that many (I wish!), but how would you store >100 Bitcoins? The easy answer is just to say "create 1 offline/cold wallet and put them all in". But what about risk management? IE how do you store a very large value of coins while managing risk against hackers, forgetting passwords, the obvious need for at least 1 hot wallet, portability, easy of use, house fires, EMP bomb's (lol), or if a foreigner had to flee a country while taking no assets etc etc.
I'm looking for real responses and ideas. Please keep the trolling to a minimum
The safest way I thought is offline wallet such as hardware wallet or paper wallet. Divide 100btc into several amounts such as 10-20btc in every wallet, but still I will store a part (maybe 10btc) in online wallet for daily transactions. As long as the owner of the wallet always cautious and be careful, the funds will be fine and secure. I'm looking for real responses and ideas. Please keep the trolling to a minimum
I would personally keep them in an artsy paper wallet and hang in our walls just to remind me that I'm one hell of a rich dude having his life saved by magic internet money. But seriously, paper wallets are the best way to keep such a large amount of bitcoins. Also, other alternatives such as hardware wallets could be useful and can do just the same job.
Better to have a multiple accounts or bitcoin wallets to save all of that bitcoins. 100 is a lot of bitcoin and I is really a good one to be targeted by many hackers or other people to get some easy cash. Though the problem is the security of your wallet. Offline wallets do not really help I think so I must really put my trust to online wallets.
Don't put all eggs in one basket, so my preference is to spread the bitcoins in multiple wallets instead in a single one.
I would put them on hardware wallet(s) and in paper wallet and a very very small amount in hot wallet depending how often am I supposed to spend them.
I would put them on hardware wallet(s) and in paper wallet and a very very small amount in hot wallet depending how often am I supposed to spend them.
That is a lot of bitcoin and it is really sad that happened. If I had a lot of bitcoin maybe I will not store it in my bitcoin wallet anymore, maybe try to convert it and use it as a real money, but yes it is a big money and I think it will not be converted that fast, so I think maybe bit by bit I will convert, then transfer it in my ATM.
I think diversification is key.
Keep some cold, some paper, and a tad online for quick access.
With cold wallets and paper wallets you have to worry about storing your usbs or paper etc... and keeping them safe as well.
Keep some cold, some paper, and a tad online for quick access.
With cold wallets and paper wallets you have to worry about storing your usbs or paper etc... and keeping them safe as well.
That's a very huge account and I say that it is a very attractive amount for hackers since they are the ones that you should be wary the most . Using an offline wallet is a good choice just don't keep huge amount of bitcoin in one address . Example use a different address every .1 bitcoin and all the security features of the chosen wallet are activated .
Offline wallets have restrictions in usage. Offline wallets cannot be accessed anywhere like the online bitcoin wallets. To increase the security it's better to split the bitcoin and place in several bitcoin wallets or else just split and invest you'll get a good stable earning as the amount is quite high about 100btc.100 btc is a lot of amount and it should be stored in multiple wallets. That way make it most secure. Also Use paper wallet to store some of the bitcoins which u think wont be used for 5 years or more. But just one precautions, never store any of your coin in web wallets and exchanges where you have no control of.
First, sorry for your loss. That said...
We seem to have a terminology problem here. By definition, a cold wallet is one that does not exist on an internet-connected computer. Period.
Most contemporary wallets allow generating a key phrase, which you write down and store in a secure place. Using this key phrase, you can recover all your bitcoins. Too late now, but next time use this feature.
This comes with its own risks. If you are not the sole controller of the private keys, someone else can spend 'your' bitcoins.
But I was used a cold wallet, I download the bitcoin wallet software on the internet.
We seem to have a terminology problem here. By definition, a cold wallet is one that does not exist on an internet-connected computer. Period.
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But unfortunately, my laptop has crash (there was a problem with the HDD drive) so I have to replace new HHD drive, thats mean all the offline document has gone (include my btc).
Most contemporary wallets allow generating a key phrase, which you write down and store in a secure place. Using this key phrase, you can recover all your bitcoins. Too late now, but next time use this feature.
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And I decide to use online wallet.
This comes with its own risks. If you are not the sole controller of the private keys, someone else can spend 'your' bitcoins.
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