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Topic: What would you pay for a hardware wallet? (Read 1022 times)

legendary
Activity: 3472
Merit: 10611
June 27, 2015, 11:53:52 PM
#27
i personally find them highly expensive for me to consider buying. for example, trezor that i hear the most is $100, which i find expensive.
i keep my coins in cold storage and so far haven't felt the need for a hardware wallet.
legendary
Activity: 3766
Merit: 1217
I am ready to pay $25 for a hardware wallet, if it offers me 100% protection from file corruption, coin stealing and wallet hacks. I don't have that many coins right now (sold almost 3/4th of my coins in 2014 and 2015), so I can't pay any more than this amount. May be I'll increase my offer later, if the exchange rates increase significantly.
legendary
Activity: 1204
Merit: 1028
Nope, I prefer a BIP38 paper wallet, print a couple copies, wrap them around plastic so the paper doesn't deteriorate and you are set. I trust that more than anything that requires electricity for long term holding purposes.
legendary
Activity: 2674
Merit: 2965
Terminated.
I dont like hardware wallets. I like the debit card with the display and keypad though. Dont know if its just a prototype or a real thing. Would pay 30usd max for a thing like that.
I've heard about that one too. There is also this one, however it is flagged by BitDefender for some reason. I think that you might be talking about Xapo?
I'm not sure how much that costs. According to this post it is a one time fee of $15 which is great.

I think that $50 would be reasonable since a lot of people do have wallets that are a bit pricey. I'm talking about the everyday wallet. I actually paid mine about 60 British pounds.

I'm surprised we were only 4 (as of now) to say we don't want one. I believe it's a great asset for BTC to be totally virtual. I would have the feeling I would spoil BTC if I were using a hardware wallet.
I'm pretty sure that the main reason for buying a hardware wallet would be safety. The right one is considerably safer than keeping Bitcoins on your computer only.
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
I'm surprised we were only 4 (as of now) to say we don't want one. I believe it's a great asset for BTC to be totally virtual. I would have the feeling I would spoil BTC if I were using a hardware wallet.
legendary
Activity: 1862
Merit: 1004
For now I think there is no need for me to get hardware wallet at all. I always imagine hardware wallet is good option for people who have a lot of coins, something like mobile safe for your coins.
I think it is useless to get hardware wallet to store 1 or 2 btc on it. You would be honestly better with wallet on your mobile device.
hero member
Activity: 686
Merit: 500
I dont like hardware wallets. I like the debit card with the display and keypad though. Dont know if its just a prototype or a real thing. Would pay 30usd max for a thing like that.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
I would like  a dual hardware wallet.  Basically 2 for the price of one that synch to each other.

 Thus if you lose one you have a backup.  I would pay  50 usd for it.

@ op I could not vote since 50 usd is not an option.
sr. member
Activity: 574
Merit: 296
Bitcoin isn't a bubble. It's the pin!
Some hardware wallets are very expensive. I personally would pay $30 - $40 for a hardware wallet. But if the hardware wallet has a premium look/feel, some nice features, and maximum security, I may go as high as $100 - $150 for a single hardware wallet.
legendary
Activity: 896
Merit: 1000
for me personally the absolute max would be €30 which i find a reasonable amount for a hardware wallet. i currently use usb drives to store my coins. sandisk drives that cost me €8 for 16gb back then.
hero member
Activity: 672
Merit: 502
Right now the amount of bitcoins I have I don't think I'd spend any thing on them paper wallets provide more than enough protection, so I don't know if I'd prefer to buy one ever. Voted for the 1st option.
legendary
Activity: 1946
Merit: 1137
i don't have a hardware wallet and i don't think i would buy one either.
at least not until i have a large stack of bitcoin and the price is on the roof , maybe then i would pay like 15-20$ for a hardware wallet.
legendary
Activity: 1176
Merit: 1013
DAVID CHAUM's xx coin SALE IS NOW LIVE!
I can pay up to 50$ but it should enable me to spend it when I'm not on the computer.
legendary
Activity: 1610
Merit: 1004
I just paid ~$80 for a Trezor.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
It should be somewhere in the range of cheap mobile phones as it doesn't require a lot of tech. Probably the most expensive part will be the case, so $20 for a plastic one and up to $50 if it's steel.
legendary
Activity: 1401
Merit: 1008
northern exposure
my vote is for 10-15$ no more.

i dont have a hw wallet right now, but i hope that in the next future all of us will need one of them Tongue

btw is there is a better wallet who is just a little bit expensive than 10-15 then i think i can pay a little bit more, since security is important.
legendary
Activity: 1946
Merit: 1007
I would pay 5-10 euro and would not pay a fee. What would the fee be used for? They don't need to run any service for you..
legendary
Activity: 1904
Merit: 1074
There should be a balance between having a VERY secure hardware wallet for $20 and a cheaper alternative for the 3rd world countries at about $5. I think this is one of the things, that may me holding people back from using Bitcoins.

The online wallets is FREE but it's not 100% safe and the good hardware wallets out there {Trezor} are too expensive.

Make it cheaper and more people will buy it. The more people buying it, the lower the bulk manufacturing will cost.
hero member
Activity: 815
Merit: 1000
I would pay around 15-20$ for hardware wallet  Grin
I need hardware wallet because i think i have a lot of bitcoin  Smiley
So I better spend a little money to get more security for my bitcoin  Cool

So have you bought a ledger HW-1 then?
hero member
Activity: 630
Merit: 500
Do you think dedicated devices help Bitcoin usability and security or are apps and SMS services the way forward?

I think simplicity is key, apps and SMS services will probably play a important role in the future  (just look at M-Pesa mobile payment system).

On the other hand, dedicated hardware wallets provide a much more secure way of storing btc, maybe at the expense of usability. Now that you can buy hardware wallets so cheaply there isn't much excuse for not using them.
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