Who is crazy enough? | Bitcointalksearch.org

remotemass

legendary

Activity: 1122

Merit: 1017

ASMR El Salvador

It is a good idea to spread if you prefer less probability of loosing it all
over
more probability of loosing a part of it.

My choice is always: paper/brainwallets quite spread.

hilariousandco

global moderator

Activity: 3990

Merit: 2717

Join the world-leading crypto sportsbook NOW!

Quote from: manobra on January 24, 2014, 07:33:57 AM

When you have just 0.00001 Bitcoin, You feel secure by just encrypting your wallet....

But when you have 36.000 Bitcoins, you will never feel secured...

Actually, you will not be able to sleep... Grin

The best u could be doing, is to Buy a laptop without internet connection, running Linux. Save your wallet there.

Or hire a programmer to develop a System that will spread your Bitcoins in several addrresses being impossible to group it again by a person.

The best thing would be to keep them off a computer all together. If you have many encrypted offline backs-ups then that will be fine.

manobra

full member

Activity: 151

Merit: 100

When you have just 0.00001 Bitcoin, You feel secure by just encrypting your wallet....

But when you have 36.000 Bitcoins, you will never feel secured...

Actually, you will not be able to sleep... Grin

The best u could be doing, is to Buy a laptop without internet connection, running Linux. Save your wallet there.

Or hire a programmer to develop a System that will spread your Bitcoins in several addrresses being impossible to group it again by a person.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: anti-scam on January 24, 2014, 05:21:53 AM

Quote from: empoweoqwj on January 24, 2014, 04:38:53 AM

Quote from: RoxxR on January 24, 2014, 04:32:49 AM

I keep reading advice on how to spread your BTC across several wallets, to decrease the risk of any of them getting hacked. So can you explain why someone would be crazy enough to put 36,000 BTC in ONE address, as this just happened??

https://blockchain.info/address/1HiLGVR7T8siQVs4X5hSdWx15C5mW2JtSm

Who told you to spread your BTC across several wallets? Just means you will end up putting less effort into securing each one properly, and therefore increase risk of loss

I think he means several addresses, which is actually a good idea.

Yeah, that's a completely different topic, and definitely a good idea.

guybrushthreepwood

legendary

Activity: 1232

Merit: 1195

Quote from: RoxxR on January 24, 2014, 04:32:49 AM

I keep reading advice on how to spread your BTC across several wallets, to decrease the risk of any of them getting hacked. So can you explain why someone would be crazy enough to put 36,000 BTC in ONE address, as this just happened??

https://blockchain.info/address/1HiLGVR7T8siQVs4X5hSdWx15C5mW2JtSm

It's up to you how you store them. If you're supersafe then one is fine, but if you're not then loads of addresses will probably be at risk.

davida

sr. member

Activity: 585

Merit: 250

My guess, it's probably someone with a lot more that 36,000 btc....

anti-scam

sr. member

Activity: 476

Merit: 251

COINECT

Quote from: empoweoqwj on January 24, 2014, 04:38:53 AM

Quote from: RoxxR on January 24, 2014, 04:32:49 AM

I keep reading advice on how to spread your BTC across several wallets, to decrease the risk of any of them getting hacked. So can you explain why someone would be crazy enough to put 36,000 BTC in ONE address, as this just happened??

https://blockchain.info/address/1HiLGVR7T8siQVs4X5hSdWx15C5mW2JtSm

Who told you to spread your BTC across several wallets? Just means you will end up putting less effort into securing each one properly, and therefore increase risk of loss

I think he means several addresses, which is actually a good idea.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: RoxxR on January 24, 2014, 04:32:49 AM

I keep reading advice on how to spread your BTC across several wallets, to decrease the risk of any of them getting hacked. So can you explain why someone would be crazy enough to put 36,000 BTC in ONE address, as this just happened??

https://blockchain.info/address/1HiLGVR7T8siQVs4X5hSdWx15C5mW2JtSm

Who told you to spread your BTC across several wallets? Just means you will end up putting less effort into securing each one properly, and therefore increase risk of loss

RoxxR

full member

Activity: 209

Merit: 148

I keep reading advice on how to spread your BTC across several wallets, to decrease the risk of any of them getting hacked. So can you explain why someone would be crazy enough to put 36,000 BTC in ONE address, as this just happened??

https://blockchain.info/address/1HiLGVR7T8siQVs4X5hSdWx15C5mW2JtSm

Topic: Who is crazy enough? (Read 1415 times)