Topic: Where do you store most of your coins for long term storage? - page 4. (Read 6064 times)
You can also store a bulk of them in assets. A keylogger probably isn't going to care about your 2K ASICMINER shares.
Paper wallet for cold storage
There is another option missing: Casascius Coins ^^
Both are bad ideas imho: totally vulnerable to theft, burglary, fire or otherwise loss of coins. And in case of Casascius Coins: can't back them up.
Every btc I mined or purchased through 2011 and 2012 (with the exception of the few I keep on my keychain - about $2000 worth) is in cold storage. Now you might guess that I have more than just a few in a paper wallet. You don't really think I wrote it once on a cocktail napkin and threw it in the kitchen junk drawer do you? LOL
Now, if etotheipi dies, they discontinue Armory, it is no longer available anywhere on the web and I lose my copy I'm probably screwed but I can't really see that happening.
Paper wallet for cold storage
There is another option missing: Casascius Coins ^^
Both are bad ideas imho: totally vulnerable to theft, burglary, fire or otherwise loss of coins. And in case of Casascius Coins: can't back them up.
Use multiple copies of paper wallets/backups, store in multiple secure places. In case of theft, it'll take a while for the thieves to crack the safe, giving you time to move the money elsewhere.
It's actually probably a bit dumb to say anything about one's BTC storage methods...and a bit rude to ask.
That said, I've spouted off about my techniques off and one. Now I regret doing so to some extent.
JPEG photos of a paper wallet, hidden amongst family and pet photo album archives. Even if you were staring the photo it wouldn't be immediately obvious there was a private key on it. I guess this could be regarded as steganography in its most basic form.
A neat idea would be a wallet privitekey in a picture of colors. for example the types of pictures where you have the green line, then the black line, and so on. Cant think of what its called tho. 
JPEG photos of a paper wallet, hidden amongst family and pet photo album archives. Even if you were staring the photo it wouldn't be immediately obvious there was a private key on it. I guess this could be regarded as steganography in its most basic form.
Paper wallet for cold storage
There is another option missing: Casascius Coins ^^
Both are bad ideas imho: totally vulnerable to theft, burglary, fire or otherwise loss of coins. And in case of Casascius Coins: can't back them up.
Paper wallet for cold storage and 20 btc on a bootable USB stick that I use to buy things that I need/want (like petty cash account).
Dont make yourself a target by answering this question... 
There is another option missing: Casascius Coins ^^
Brain wallet plus encrypted backup on multiple online services.
Needs no trust, is resistant to fire and doesn't have a singular point of failure.
Well, the singular point of failure is you being unable to reproduce your password (due to forgetting it, or dying, or some accident causing brain trauma, etc).Needs no trust, is resistant to fire and doesn't have a singular point of failure.
I personally used some kinda time lock construction for this scenario - if I show no sign of life for 3+ months, the password for my truecrypt container will be emailed to my family. Or well, part of it, including an explanation how to get the rest that only they will understand.
Of course NONE of the above.
First of all why the HELL would you store your long term savings with an exchange or online wallet, thus relying on someone else not running with your money (or not getting hacked, or not messing up or getting shut down or whatever).
Second, why would you rely on only ONE option. Bitcoins can be backed up, you know.
I use a dedicated, offline Ubuntu Live on USB. I generated a bunch of private keys with a local copy of bitaddress.org, and stored them in a truecrypt container. I backed up this container on several places (sent to some webmail addresses, on some online storage services, and copied to several USB disks and flash drives). And I imported all the addresses (not the private keys) into a watch-only blockchain.info wallet. So I can check my balance and add funds there, and only need to boot the Ubuntu Live environment if I need to take some money out.
First of all why the HELL would you store your long term savings with an exchange or online wallet, thus relying on someone else not running with your money (or not getting hacked, or not messing up or getting shut down or whatever).
Second, why would you rely on only ONE option. Bitcoins can be backed up, you know.
I use a dedicated, offline Ubuntu Live on USB. I generated a bunch of private keys with a local copy of bitaddress.org, and stored them in a truecrypt container. I backed up this container on several places (sent to some webmail addresses, on some online storage services, and copied to several USB disks and flash drives). And I imported all the addresses (not the private keys) into a watch-only blockchain.info wallet. So I can check my balance and add funds there, and only need to boot the Ubuntu Live environment if I need to take some money out.
On a paper wallet printed by Piper with the keys backed up on a USB stick
I pursue a mixed strategy. Checkboxes would be better.
Yea, sorry, there are just alot of bases to cover. If you have a suggestion feel free to tell me and I will add it 
Private keys encrypted with GPG in a ASCII text file. File stored in multiple locations. GPG password in brain with dead man's switch.
Private keys in a TrueCrypt encrypted file container backed up at several locations with the password to the container stored at several other locations.
I pursue a mixed strategy. Checkboxes would be better.
Which option do I choose for an offline Armory wallet with paper backups?
id choose eitherOn a usb drive stored somewhere else
or
On a paper wallet
My Armory offline wallet sits on an offline computer, not a USB drive or paper. I only use the USB drive to carry signed transactions back and forth.
Brain wallet plus encrypted backup on multiple online services.
Needs no trust, is resistant to fire and doesn't have a singular point of failure.
Needs no trust, is resistant to fire and doesn't have a singular point of failure.
no blockchain.info?
addedWhich option do I choose for an offline Armory wallet with paper backups?
id choose eitherOn a usb drive stored somewhere else
or
On a paper wallet
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