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Bitcoin => Bitcoin Discussion => Topic started by: Bit2Me on April 01, 2015, 03:46:42 PM



Title: 7 Ways to Protect your Bitcoin Wallet
Post by: Bit2Me on April 01, 2015, 03:46:42 PM
Bit2Me have new blog!
Are your Bitcoins safe? Discover 7 ways to make things difficult for criminals http://blog.bit2me.com/en/protect-bitcoin-wallet/
Collaborations and contributions are welcome. We want to make the blog a reference point, so we will touch many aspects from different levels.
If you can provide us with any feedback, suggestions or ideas, just write below, or to info@bit2me.com.


Title: Re: 7 Ways to Protect your Bitcoin Wallet
Post by: BillyBobZorton on April 01, 2015, 03:52:57 PM
Hi, I used bit2me the otherday during a trip to your country, it was great to see how the fiat came out of the ATM thanks to BTC for the first time, the 0 comission was nice too, please keep it like that, comissions suck :)


Title: Re: 7 Ways to Protect your Bitcoin Wallet
Post by: Bit2Me on April 01, 2015, 03:56:06 PM
Hi, I used bit2me the otherday during a trip to your country, it was great to see how the fiat came out of the ATM thanks to BTC for the first time, the 0 comission was nice too, please keep it like that, comissions suck :)

Thanks! We will try if people know Bit2Me service.


Title: Re: 7 Ways to Protect your Bitcoin Wallet
Post by: LiteCoinGuy on April 01, 2015, 06:12:36 PM
you can use a hardware-wallet too:

https://bitcointalk.org/index.php?topic=899253.0


Title: Re: 7 Ways to Protect your Bitcoin Wallet
Post by: OROBTC on April 01, 2015, 06:26:45 PM
...

bit2me

I have not used your service, but it appears that this is yet another new direction for making buying and selling Bitcoin easier.  Bravo!

A nice work-around to make selling BTC for cash (via ATM) is nice!  Now get to work to see if you can create a BUY BTC service via ATM too!

*   *   *

The more ATMs (regular ones, not just "BTC ATMs" which are very scarce now) that will work "both ways" re BTC would be HUGE.  Best of luck!


Title: Re: 7 Ways to Protect your Bitcoin Wallet
Post by: Bit2Me on April 06, 2015, 11:59:46 AM
you can use a hardware-wallet too:

https://bitcointalk.org/index.php?topic=899253.0

Really cool. I don't have any hardware wallet, but I will try it. Thanks!

...

bit2me

I have not used your service, but it appears that this is yet another new direction for making buying and selling Bitcoin easier.  Bravo!

A nice work-around to make selling BTC for cash (via ATM) is nice!  Now get to work to see if you can create a BUY BTC service via ATM too!

*   *   *

The more ATMs (regular ones, not just "BTC ATMs" which are very scarce now) that will work "both ways" re BTC would be HUGE.  Best of luck!

Really thanks!! :)


Title: Re: 7 Ways to Protect your Bitcoin Wallet
Post by: freemind1 on April 06, 2015, 12:04:02 PM
You're right OROBTC, I've used it twice and have not had any problem, it is reliable, fast and secure 100%. Thank you very much for bit2me servicing and continues well.


Title: Re: 7 Ways to Protect your Bitcoin Wallet
Post by: bryant.coleman on April 06, 2015, 12:16:09 PM
you can use a hardware-wallet too:

https://bitcointalk.org/index.php?topic=899253.0

They are not very expensive.... but I am against the idea of trusting a less known brand with all your Bitcoins. What will happen if the hardware gets corrupt?


Title: Re: 7 Ways to Protect your Bitcoin Wallet
Post by: inBitweTrust on April 06, 2015, 01:10:33 PM
you can use a hardware-wallet too:

https://bitcointalk.org/index.php?topic=899253.0

They are not very expensive.... but I am against the idea of trusting a less known brand with all your Bitcoins. What will happen if the hardware gets corrupt?

All the hardware wallets typically have some backup measure like HD (BIP 32) , thus are essentially as secure as a paper wallet or your ability to secure that paper backup.

Here is a breakdown of all the ways to secure your bitcoins:

https://bitcointalk.org/index.php?topic=858604.0



Title: Re: 7 Ways to Protect your Bitcoin Wallet
Post by: Gumbork on April 06, 2015, 02:28:32 PM
you can use a hardware-wallet too:

https://bitcointalk.org/index.php?topic=899253.0

They are not very expensive.... but I am against the idea of trusting a less known brand with all your Bitcoins. What will happen if the hardware gets corrupt?

All the hardware wallets typically have some backup measure like HD (BIP 32) , thus are essentially as secure as a paper wallet or your ability to secure that paper backup.

Here is a breakdown of all the ways to secure your bitcoins:

https://bitcointalk.org/index.php?topic=858604.0



I recently got my self a trezor and i could say it works like a charm, the fact is i could sleep at night with out thinking about my btc wallet key being stolen or getting my pc hacked.
is really nice to see a break down of how can i secure my btc better.


Title: Re: 7 Ways to Protect your Bitcoin Wallet
Post by: Blazr on April 06, 2015, 02:50:17 PM
Quote
4) Create paper wallets

The only way to keep your bitcoins away from the claws of hackers is removing them from the network.

No.

Before you go creating a paper wallet, note that they are actually less secure than normal encrypted ones, see here:
https://bitcointalk.org/index.php?topic=1013586.0


Title: Re: 7 Ways to Protect your Bitcoin Wallet
Post by: elliottflz65 on April 06, 2015, 02:52:22 PM
Cold storage is the way to go i recenly moved to cold storage


Title: Re: 7 Ways to Protect your Bitcoin Wallet
Post by: bryant.coleman on April 06, 2015, 03:41:14 PM
I recently got my self a trezor and i could say it works like a charm, the fact is i could sleep at night with out thinking about my btc wallet key being stolen or getting my pc hacked.
is really nice to see a break down of how can i secure my btc better.

Recently I have seen a lot of guys using Trezor, especially here in Bitcointalk. Have to say that it is one of the best options available, for some one with more than BTC10 in his possession.


Title: Re: 7 Ways to Protect your Bitcoin Wallet
Post by: ipbo on April 06, 2015, 04:00:18 PM
Thanks dude for this information it helps me alot.


Title: Re: 7 Ways to Protect your Bitcoin Wallet
Post by: Hazir on April 06, 2015, 04:09:31 PM
Thanks for that link, overall good lecture but I find it rather weird that author is recommending this:  "there are services like Coin Base's Vault or Xapo where you can store your bitcoins in offline servers protected with high level security standards." Wouldn't every other online service is screaming at you that they have state of the art security protections? Just to be hacked month or year later. I think that any third party online service is not good for me.


Title: Re: 7 Ways to Protect your Bitcoin Wallet
Post by: xmasdobo on April 06, 2015, 04:45:29 PM
Im gonna try bit2me or btcpoint next time i go to spain it sounds cool.


Title: Re: 7 Ways to Protect your Bitcoin Wallet
Post by: defcon23 on April 06, 2015, 05:00:10 PM
you can use a hardware-wallet too:

https://bitcointalk.org/index.php?topic=899253.0
the best choice for secure your bitcoins . ( i've got a prefer for Trezor)


Title: Re: 7 Ways to Protect your Bitcoin Wallet
Post by: BitcoinNewbie15 on April 07, 2015, 04:13:10 AM
Nice list, i have been wondering what the most secure way to hold bitcoins is... This gives me a better idea now :)