HOWTO: create a 100% secure wallet - page 89.

molecular

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Quote from: myrm on June 15, 2011, 07:31:21 AM

A linux distro that has everything you need probably can't come quick enough.

The distributor of that distro needs to enjoy enormous trust.

I trust a vanilla ubuntu live cd a ton lot more to contain no wallet stealer than a special "for your secure bitcoin savings" distro.

BankTransfer

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Thanks for the useful information!

Kazimir

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Quote from: finkleshnorts on June 06, 2012, 11:09:22 AM

I do it by going to bitaddress (I have it saved as am html file on my computer in case something happens to the website), and I click on "wallet details." When it asks for your private key, I just type in some words that I know I can remember. It then asks if I want to generate a private key from the phrase, and I say yes. Then it gives me the public and private key that is generated from the seed.

Ah, all right! Wasn't aware that bitaddress.org is capable of this. I tried it with some test strings, but apparently they were too short cause it just said "this is not a valid private key" (thus I assumed it only took existing private keys). With sufficiently long strings however (at least 12 characters apparently), it does accept them as passphrases. Nice!

malaimult

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sounds good bob Roll Eyes

finkleshnorts

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Quote from: Kazimir on June 06, 2012, 03:59:51 AM

Quote from: finkleshnorts on June 06, 2012, 02:18:29 AM

My method for some time now has been to generate a wallet using a hash of a string on bitaddress.org, send bitcoins to the address, and then sit on them

How do you mean 'sit on them', how/where do you store the private key for the money on that address?

In my head. It is a "brainwallet," a.k.a. the private key is generated from a string of letters or numbers I come up with, such as "I love my dog and my cat also" or "il0vemyd0gandmycata150". anything works. I do it by going to bitaddress (I have it saved as am html file on my computer in case something happens to the website), and I click on "wallet details." When it asks for your private key, I just type in some words that I know I can remember. It then asks if I want to generate a private key from the phrase, and I say yes. Then it gives me the public and private key that is generated from the seed.

Riddleman

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A wallet can never be 100% secure (: But still yes, I agree this makes your wallet a whole lot safer.

Kazimir

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Quote from: finkleshnorts on June 06, 2012, 02:18:29 AM

My method for some time now has been to generate a wallet using a hash of a string on bitaddress.org, send bitcoins to the address, and then sit on them

How do you mean 'sit on them', how/where do you store the private key for the money on that address?

finkleshnorts

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My method for some time now has been to generate a wallet using a hash of a string on bitaddress.org, send bitcoins to the address, and then sit on them until I am ready to spend. Then I import the private key into an ewallet and spend immediately. That way, I am totally offline without counterparty risk until the ~ two minutes my private key is exposed to anybody. Also, are there any ewallets that allow private key import on iOS's safari?

PTseller

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Quote from: malaimult on June 03, 2012, 11:44:15 PM

btc has official currency. you can check it on mtgox.com. right now it's around 5.2 but depends on how low you are willing to buy or sell. or how high.
1 btc = $5.2

thanks finally i got to know what is bitcoin Tongue

thanks for the help

AD_2o2o

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thanks jessys. We appreciate your flock watching...

In truth not a bad idea though. Cool

dottom

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I like Armory but it's kind of slow moving between buttons.

btcftw

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I think as long as people have virtual or perceived value currency or in fact a notion that they can own anything, there will not be a 100% secure way to safeguard those "possesions"

malaimult

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btc has official currency. you can check it on mtgox.com. right now it's around 5.2 but depends on how low you are willing to buy or sell. or how high.
1 btc = $5.2

PTseller

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Quote

You can just randomly generate an address, or use the initial one that gets generated by default, and use that to receive bitcoins immediately. As long as you have the private key for it (well, your Bitcoin client takes care of that, storing your private key in your wallet file) you can spend any bitcoins that get paid to that address.

thank you again i got it finally

when i have good amount of coins in my wallet will use one of good security method

my both question is clear now only now i wanted to know how i make deal like we do in paypal if buyer want to buy anything i usually deal in Dollar and Euro but how i calculate how much bitcoin = $ or Euro and what is the main difference between them !! any guide or your reply will help me alot thanks once again !

Kazimir

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Quote from: PTseller on June 02, 2012, 05:59:43 AM

but still don't know how create my account Sad

where i have to register ? so i can get my PIN to give buyer for transaction !!

Again:

Quote from: Kazimir on June 01, 2012, 06:47:34 AM

There is no 'bitcoin account' whatsoever.
(...)
You won't have to register anywhere to use bitcoins.

You can just randomly generate an address, or use the initial one that gets generated by default, and use that to receive bitcoins immediately. As long as you have the private key for it (well, your Bitcoin client takes care of that, storing your private key in your wallet file) you can spend any bitcoins that get paid to that address.

PTseller

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Quote

There is no 'bitcoin account' whatsoever. Just install one of the common clients (I personally prefer MultiBit, but most people stick with Bitcoin-Qt which is kinda 'the standard', based on Satoshi's original software) and there you go. You won't have to register anywhere to use bitcoins.

thank you for awesome post only need to ask i have downloaded the MultiBit but still don't know how create my account Sad

where i have to register ? so i can get my PIN to give buyer for transaction !!

Kazimir

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Quote from: PTseller on June 01, 2012, 04:01:05 AM

ok please tell me the best way and easy way to safe my wallet

See numerous posts above.

Quote

and also can you please tell me where should i make bitcoin account when i search on google many links appear and i found many scammed so just wanted to know right and secure step thanks

sorry for bad english

There is no 'bitcoin account' whatsoever. Just install one of the common clients (I personally prefer MultiBit, but most people stick with Bitcoin-Qt which is kinda 'the standard', based on Satoshi's original software) and there you go. You won't have to register anywhere to use bitcoins.

Well, some websites offer online bitcoin wallets, and obviously you'd have to register there to use them, but I wouldn't easily trust large amounts of money with some random site. Especially if it ain't necessary. The less people, companies or websites you have to trust, the better.

If you want to buy bitcoins with €uros or dollar$, register with an exchange. I personally prefer intersango.com, great service, fast, trustworthy, easy, and no need to register all sorts of personal details (in fact all you need is just a random email address).

Jouke

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Nice info

PTseller

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Quote from: malaimult on May 30, 2012, 10:28:35 AM

yes the procedure offers you a secure environment for storing btc. but i don't know why you complicate with linux and flash drives if a simple wallet with encryption and an offline btc client will do the job.

there are many secure way on how to store your wallet and btc you just need to find the right one for you.

ok please tell me the best way and easy way to safe my wallet and also can you please tell me where should i make bitcoin account when i search on google many links appear and i found many scammed so just wanted to know right and secure step thanks

sorry for bad english

malaimult

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yep

Topic: HOWTO: create a 100% secure wallet - page 89. (Read 276225 times)