please help about bitcoin | Bitcointalksearch.org

RocketSingh

legendary

Activity: 1662

Merit: 1050

Quote from: shadabahmed on June 13, 2016, 10:56:42 AM

please help i have 10 bitcoins where i can store them for future.
cause site like unocoin zebpay btcxindia kabhi bhi bandh ho jayeto mere BITcoins save kese karu.
is there any official bitcoin site
or other site
please suggest me...

How to securely protect 10 BTC offline

Step 1: Get a clean PC/Laptop (Warning: Stay away from smartphones for securing bitcoin).

Step 2: Connect it to the internet.

Step 3: Go to bitaddress.org.

Step 4: Disconnect the internet.

Step 5: Generate a fresh address on bitaddress.org.

Step 7: Write down the private key on a piece of paper. Be cautious to write down exactly what you see and make multiple hand written copies of this. Keep them at different safe & secure places. May be one can be kept in your bank locker.

Step 8: Save the bitcoin address on any text editor in your computer (e.g. Notepad, MS Word etc.).

Step 9: Close bitaddress.org and remove your history & cache. Make sure that there is no trace of the private key on your PC/Laptop.

Step 10: Send 10 BTC to the generated address that you just saved on text editor.

mynameisdon

sr. member

Activity: 322

Merit: 250

i am don(ripper's big daddy).i clean scammers.

Quote from: shadabahmed on June 13, 2016, 01:45:18 PM

Quote from: PantminerS7 on June 13, 2016, 11:48:22 AM

Get your own client for sure. Either use bitcoin-qt and make your own full-node wallet, or use a light client like electrum etc. If not, get a hardware wallet or paper wallet as mentioned above! Google 'hardware wallet' and you'll find how-to's,

Storing coins online is the worst idea. Some sites take 'inactivity fees' and the like, and some sites can (and have) block transactions for arbitrary reasons.

thanks alot philiveyjr Bit1334271 and PantminerS7
ok i am installing bitcoin-QT

but 1 questions what happen if my hard disk crash?
means than how to recover my bitcoins?

and it seems too big in size may be 1 week me full install hoga bitcoin-QT

before your pc get crashed make a backup of your wallet.also write private key on paper and permanently store them.now enjoy.
and you shouldn't worried about high size of wallet because this is matter of 10btc.which is not small amount so you just have to do these for securing your coin.

mynameisdon

sr. member

Activity: 322

Merit: 250

i am don(ripper's big daddy).i clean scammers.

evey wallet which is online have 50% chances to steal your coin.yes, online bitcoin storing service like blockchain,mycelium wallet many more can steal all your coin if they want.but although they didn't do this ever.but in case of you want to store your coin for long term in high amount you should use your own core wallet nothing else.
i ask you why you want to store your money to someone else pocket? why you trust them? i am not claiming someone is scam but storing btc someone else wallet like blockchain.info is just like storing your money in someone esle pocket.

so you just download bitcoin core wallet which have almost 32gb setup.then create your wallet now you can store your coin here.and remember don't forget to make paper backup of your wallet in case of your pc,device formatted.if you do these all you get more more security than bank.

hope it will help you.

PantminerS7

full member

Activity: 165

Merit: 100

Go with hardware wallet. Just buy a cheap small USB if you don't have one already/

shadabahmed

hero member

Activity: 616

Merit: 500

Quote from: PantminerS7 on June 14, 2016, 10:14:17 AM

Quote from: shadabahmed on June 14, 2016, 09:46:31 AM

Quote from: PantminerS7 on June 13, 2016, 04:03:32 PM

Quote from: shadabahmed on June 13, 2016, 02:58:47 PM

Quote from: PantminerS7 on June 13, 2016, 02:31:08 PM

You can do both.

Option 1:
Creating a new wallet will mean that you have to transfer your BTC from your online wallet to the new electrum wallet. This costs a normal transaction fee. I would recommend using this option.

You could use 'restore a wallet or import keys' assuming you have the private keys for your bitcoin now. Do you?

thanks again bro

and what about thsese options

and wallet kind:
1 standard wallet
2 wallet with two factor authorization
3 multi-signature wallet
4 hardware wallet

I'm assuming you're not going to use the coins a lot.

In that case: Choose either 3 or 4 and follow the instructions on screen. For 4 you need a USB/hdd of some kind, but it is the safer option.

Quote from: soyab0007

This is a very good topic to get hardware and paper wallet understanding..
till now i am also saving my bitcoins on coinsecure and zebpay

Would like to know how much % of risk factor involved when savings bitcoin with coinsecure or zebpay?

You can't say anything about percentages. The point is that if you use coinbase/zebpay/etc for wallet, you have to place your trust in that company. If the company goes down (see MtGox for instance) it can be hard or impossible to get your coins back.

With a hardware wallet or at least a normal electrum wallet, you can always get your coins. This is because you get the private keys for your addresses and a seed that you can backup your wallet with. BE SURE to save both the seeds and private keys in a SAFE place (don't send keys/seeds on email/forums/facebook/etc) either on a USB you keep locked away (hardware waller), or write it down and laminate the paper/whatever you write on (paper wallet).

For even more safety, you could use a 2FA solution, but the one in electrum does not seem especially appealing because it also needs you to trust a company.

Whatever wallet/solution you choose make sure you can always get the private keys for your bitcoin. That is the most important thing.

i am stuck on an window

here is your master public key
something like this

dasdajhjdashdadsad

please enter the master public key of consigner # 1:

what type here?

i tried pasting above master public key but not work

To make multisig, you need two wallets.

1. Electrum -> new/restore -> create standard wallet -> set a strong password
2. Go in your standard wallet -> Master public keys -> save this key for the multisig wallet creation
3. Make the multisig wallet with New/restore -> Multisig wallet
4. Put in the master key form the standard wallet

Remember to save both seeds for both wallets!

This is electrum docs on the multisig:

http://docs.electrum.org/en/latest/multisig.html

thanks for reply bro

so multi-signature wallet is not usable for me. because i have only one computer. so bro which option i select for my use for 1 pc only

1 standard wallet
2 wallet with two factor authorization
3 multi-signature wallet
4 hardware wallet

PantminerS7

full member

Activity: 165

Merit: 100

Quote from: shadabahmed on June 14, 2016, 09:46:31 AM

Quote from: PantminerS7 on June 13, 2016, 04:03:32 PM

Quote from: shadabahmed on June 13, 2016, 02:58:47 PM

Quote from: PantminerS7 on June 13, 2016, 02:31:08 PM

You can do both.

Option 1:
Creating a new wallet will mean that you have to transfer your BTC from your online wallet to the new electrum wallet. This costs a normal transaction fee. I would recommend using this option.

You could use 'restore a wallet or import keys' assuming you have the private keys for your bitcoin now. Do you?

thanks again bro

and what about thsese options

and wallet kind:
1 standard wallet
2 wallet with two factor authorization
3 multi-signature wallet
4 hardware wallet

I'm assuming you're not going to use the coins a lot.

In that case: Choose either 3 or 4 and follow the instructions on screen. For 4 you need a USB/hdd of some kind, but it is the safer option.

Quote from: soyab0007

This is a very good topic to get hardware and paper wallet understanding..
till now i am also saving my bitcoins on coinsecure and zebpay

Would like to know how much % of risk factor involved when savings bitcoin with coinsecure or zebpay?

You can't say anything about percentages. The point is that if you use coinbase/zebpay/etc for wallet, you have to place your trust in that company. If the company goes down (see MtGox for instance) it can be hard or impossible to get your coins back.

With a hardware wallet or at least a normal electrum wallet, you can always get your coins. This is because you get the private keys for your addresses and a seed that you can backup your wallet with. BE SURE to save both the seeds and private keys in a SAFE place (don't send keys/seeds on email/forums/facebook/etc) either on a USB you keep locked away (hardware waller), or write it down and laminate the paper/whatever you write on (paper wallet).

For even more safety, you could use a 2FA solution, but the one in electrum does not seem especially appealing because it also needs you to trust a company.

Whatever wallet/solution you choose make sure you can always get the private keys for your bitcoin. That is the most important thing.

i am stuck on an window

here is your master public key
something like this

dasdajhjdashdadsad

please enter the master public key of consigner # 1:

what type here?

i tried pasting above master public key but not work

To make multisig, you need two wallets.

1. Electrum -> new/restore -> create standard wallet -> set a strong password
2. Go in your standard wallet -> Master public keys -> save this key for the multisig wallet creation
3. Make the multisig wallet with New/restore -> Multisig wallet
4. Put in the master key form the standard wallet

Remember to save both seeds for both wallets!

This is electrum docs on the multisig:

http://docs.electrum.org/en/latest/multisig.html

shadabahmed

hero member

Activity: 616

Merit: 500

Quote from: PantminerS7 on June 13, 2016, 04:03:32 PM

Quote from: shadabahmed on June 13, 2016, 02:58:47 PM

Quote from: PantminerS7 on June 13, 2016, 02:31:08 PM

You can do both.

Option 1:
Creating a new wallet will mean that you have to transfer your BTC from your online wallet to the new electrum wallet. This costs a normal transaction fee. I would recommend using this option.

You could use 'restore a wallet or import keys' assuming you have the private keys for your bitcoin now. Do you?

thanks again bro

and what about thsese options

and wallet kind:
1 standard wallet
2 wallet with two factor authorization
3 multi-signature wallet
4 hardware wallet

I'm assuming you're not going to use the coins a lot.

In that case: Choose either 3 or 4 and follow the instructions on screen. For 4 you need a USB/hdd of some kind, but it is the safer option.

Quote from: soyab0007

This is a very good topic to get hardware and paper wallet understanding..
till now i am also saving my bitcoins on coinsecure and zebpay

Would like to know how much % of risk factor involved when savings bitcoin with coinsecure or zebpay?

You can't say anything about percentages. The point is that if you use coinbase/zebpay/etc for wallet, you have to place your trust in that company. If the company goes down (see MtGox for instance) it can be hard or impossible to get your coins back.

With a hardware wallet or at least a normal electrum wallet, you can always get your coins. This is because you get the private keys for your addresses and a seed that you can backup your wallet with. BE SURE to save both the seeds and private keys in a SAFE place (don't send keys/seeds on email/forums/facebook/etc) either on a USB you keep locked away (hardware waller), or write it down and laminate the paper/whatever you write on (paper wallet).

For even more safety, you could use a 2FA solution, but the one in electrum does not seem especially appealing because it also needs you to trust a company.

Whatever wallet/solution you choose make sure you can always get the private keys for your bitcoin. That is the most important thing.

i am stuck on an window

here is your master public key
something like this

dasdajhjdashdadsad

please enter the master public key of consigner # 1:

what type here?

i tried pasting above master public key but not work

PantminerS7

full member

Activity: 165

Merit: 100

Quote from: shadabahmed on June 13, 2016, 02:58:47 PM

Quote from: PantminerS7 on June 13, 2016, 02:31:08 PM

You can do both.

Option 1:
Creating a new wallet will mean that you have to transfer your BTC from your online wallet to the new electrum wallet. This costs a normal transaction fee. I would recommend using this option.

You could use 'restore a wallet or import keys' assuming you have the private keys for your bitcoin now. Do you?

thanks again bro

and what about thsese options

and wallet kind:
1 standard wallet
2 wallet with two factor authorization
3 multi-signature wallet
4 hardware wallet

I'm assuming you're not going to use the coins a lot.

In that case: Choose either 3 or 4 and follow the instructions on screen. For 4 you need a USB/hdd of some kind, but it is the safer option.

Quote from: soyab0007

This is a very good topic to get hardware and paper wallet understanding..
till now i am also saving my bitcoins on coinsecure and zebpay

Would like to know how much % of risk factor involved when savings bitcoin with coinsecure or zebpay?

You can't say anything about percentages. The point is that if you use coinbase/zebpay/etc for wallet, you have to place your trust in that company. If the company goes down (see MtGox for instance) it can be hard or impossible to get your coins back.

With a hardware wallet or at least a normal electrum wallet, you can always get your coins. This is because you get the private keys for your addresses and a seed that you can backup your wallet with. BE SURE to save both the seeds and private keys in a SAFE place (don't send keys/seeds on email/forums/facebook/etc) either on a USB you keep locked away (hardware waller), or write it down and laminate the paper/whatever you write on (paper wallet).

For even more safety, you could use a 2FA solution, but the one in electrum does not seem especially appealing because it also needs you to trust a company.

Whatever wallet/solution you choose make sure you can always get the private keys for your bitcoin. That is the most important thing.

soyab0007

hero member

Activity: 560

Merit: 500

This is a very good topic to get hardware and paper wallet understanding..
till now i am also saving my bitcoins on coinsecure and zebpay

Would like to know how much % of risk factor involved when savings bitcoin with coinsecure or zebpay?

shadabahmed

hero member

Activity: 616

Merit: 500

Quote from: PantminerS7 on June 13, 2016, 02:31:08 PM

You can do both.

Option 1:
Creating a new wallet will mean that you have to transfer your BTC from your online wallet to the new electrum wallet. This costs a normal transaction fee. I would recommend using this option.

You could use 'restore a wallet or import keys' assuming you have the private keys for your bitcoin now. Do you?

thanks again bro

and what about thsese options

and wallet kind:
1 standard wallet
2 wallet with two factor authorization
3 multi-signature wallet
4 hardware wallet

PantminerS7

full member

Activity: 165

Merit: 100

You can do both.

Option 1:
Creating a new wallet will mean that you have to transfer your BTC from your online wallet to the new electrum wallet. This costs a normal transaction fee. I would recommend using this option.

You could use 'restore a wallet or import keys' assuming you have the private keys for your bitcoin now. Do you?

shadabahmed

hero member

Activity: 616

Merit: 500

Quote from: ?? on ??

Cold storage is the best to hold your bitcoin for a long time and save the private keys and password for safe places..
or use electrum with authenticatior backup all things also the authenticator backup and save into your email or where is the best to save it..

after installed electrum when i open it

there are two things

which one i go?
1st create a new wallet
2nd restore a wallet or import keys

and wallet kind:
1 standard wallet
2 wallet with two factor authorization
3 multi-signature wallet
4 hardware wallet

please dont angry i am totally noob. and my english is also subhanallah

Bit1334271

sr. member

Activity: 252

Merit: 250

Quote from: shadabahmed on June 13, 2016, 01:45:18 PM

Quote from: PantminerS7 on June 13, 2016, 11:48:22 AM

Get your own client for sure. Either use bitcoin-qt and make your own full-node wallet, or use a light client like electrum etc. If not, get a hardware wallet or paper wallet as mentioned above! Google 'hardware wallet' and you'll find how-to's,

Storing coins online is the worst idea. Some sites take 'inactivity fees' and the like, and some sites can (and have) block transactions for arbitrary reasons.

thanks alot philiveyjr Bit1334271 and PantminerS7
ok i am installing bitcoin-QT

but 1 questions what happen if my hard disk crash?
means than how to recover my bitcoins?

and it seems too big in size may be 1 week me full install hoga bitcoin-QT

Then better go with Electrum its much better then Bitcoin-qt and easy to manage

shadabahmed

hero member

Activity: 616

Merit: 500

Quote from: PantminerS7 on June 13, 2016, 11:48:22 AM

Get your own client for sure. Either use bitcoin-qt and make your own full-node wallet, or use a light client like electrum etc. If not, get a hardware wallet or paper wallet as mentioned above! Google 'hardware wallet' and you'll find how-to's,

Storing coins online is the worst idea. Some sites take 'inactivity fees' and the like, and some sites can (and have) block transactions for arbitrary reasons.

thanks alot philiveyjr Bit1334271 and PantminerS7
ok i am installing bitcoin-QT

but 1 questions what happen if my hard disk crash?
means than how to recover my bitcoins?

and it seems too big in size may be 1 week me full install hoga bitcoin-QT

PantminerS7

full member

Activity: 165

Merit: 100

Get your own client for sure. Either use bitcoin-qt and make your own full-node wallet, or use a light client like electrum etc. If not, get a hardware wallet or paper wallet as mentioned above! Google 'hardware wallet' and you'll find how-to's,

Storing coins online is the worst idea. Some sites take 'inactivity fees' and the like, and some sites can (and have) block transactions for arbitrary reasons.

philiveyjr

legendary

Activity: 840

Merit: 1000

Why do you want to store your bitcoins online ? Why not store them on a hardware or a paper wallet that will be in your possession forever ? Storing them long term on any online sites, would be a very high risk.

Bit1334271

sr. member

Activity: 252

Merit: 250

yea I am using for some time without any problem support is also very good

shadabahmed

hero member

Activity: 616

Merit: 500

Quote from: Bit1334271 on June 13, 2016, 11:02:09 AM

Quote from: shadabahmed on June 13, 2016, 10:56:42 AM

please help i have 10 bitcoins where i can store them for future.
cause site like unocoin zebpay btcxindia kabhi bhi bandh ho jayeto mere BITcoins save kese karu.
is there any official bitcoin site
or other site
please suggest me...

Hope this will help you for storing your bitcoins https://blockchain.info/

first thanks for fast reply brother.

so bro https://blockchain.info/ is best na?

Bit1334271

sr. member

Activity: 252

Merit: 250

Quote from: shadabahmed on June 13, 2016, 10:56:42 AM

please help i have 10 bitcoins where i can store them for future.
cause site like unocoin zebpay btcxindia kabhi bhi bandh ho jayeto mere BITcoins save kese karu.
is there any official bitcoin site
or other site
please suggest me...

Hope this will help you for storing your bitcoins https://blockchain.info/

shadabahmed

hero member

Activity: 616

Merit: 500

please help i have 10 bitcoins where i can store them for future.
cause site like unocoin zebpay btcxindia kabhi bhi bandh ho jayeto mere BITcoins save kese karu.
is there any official bitcoin site
or other site
please suggest me...

Topic: please help about bitcoin (Read 1020 times)