Online and taking orders.
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I know it is a niche, but the "gun" on Nintendo NES work best on CRT.
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yes, that's what i mean, but is using a short password which ill never forget, Schoen468596 or something much safer than without a password or can any hacker just come up to something like this?
You might get in a car accident and get amnesia... I would advice you to use multiple methods, if one fail the other ones will most likely still be ok. then i can still keep that password hidden somewhere where nobody will ever find it You should chose a setup that gives you peace in mind and is not too complicated. As long as the coins are offline, you will in 99% of the case be ok. Bitcoin is about taking responsibility of your own funds, it gives you freedom but also responsibility. |
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yes, that's what i mean, but is using a short password which ill never forget, Schoen468596 or something much safer than without a password or can any hacker just come up to something like this?
You might get in a car accident and get amnesia... I would advice you to use multiple methods, if one fail the other ones will most likely still be ok. |
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so if i understand it well i take a little risk everytime i want to sell my bitcoins or move them to wherever?
so it would be better to make 10 wallets each with 1 btc? so i can keep the 9 btc in paper wallet and take 1 out if i need them?
The risk is that after importing your private key to blockchain.info, it will no longer be offline as I said. So, your bitcoin will no longer be immune to hacking, phishing attacks, malware, etc. I don't see any problem to that. btw, what is a strong password for bip38 ?
how long does it have to be to be safe?
is it best to just make a sentence in the smallest language I speak?
It it better to be consisted of capital and small letters, numeric and special characters. The longer the password, the more unlikely it will get cracked but at the same time the more likely you will forget the password. yes, but something like jé&"sdjqflj"é'(è'(!JJkjJKJKJI827F3!è§!FFddd5f('7d8f7d8f2d2dé"'(§28ddfdd22sdf(§§sd8s28Fgeit §(§ds56sè!!!!!çdsDdffdfdsFDsf65Dfdf66èè觧(§(5FdDF6dFD6DFfd6 i will not even try to get that in my mind, i can print it out but that doesnt make sence since i already printed out the private key, but I'm wondering if it makes sence to add a normal password like Pingo486955 ? what's the chance ill lose my bitcoins in case my private key gots stolen? 0.00001% or near 100% ? I've no idea... I really advice you to keep your setup simply. The bigest threat to loosing access to a private key is your self. |
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and it's 100% sure www.bitaddress.org gives me the right private key and they don't keep it thereselves? if exchanges could betray me, they could do that too? and i wouldnt even know that untill i bring them somewhere online in the blockchain in a few years It is open source, and you can find and download the code directly on github. https://github.com/pointbiz/bitaddress.orgI haven't checked the code myself, but from what I heard, no one has found any backdoor anywhere in the code since the project started in 2011. https://bitcointalk.org/index.php?topic=43496.0If running the page off line, then would there be no way Ninja could get the keys. The only real concern anybody can have is the entropy of the random generator. |
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and it's 100% sure www.bitaddress.org gives me the right private key and they don't keep it thereselves? if exchanges could betray me, they could do that too? and i wouldnt even know that untill i bring them somewhere online in the blockchain in a few years I use it, but only offline. I have downloaded the page to an offline computer. But I do not use the build in random generator for generating private keys (I am uncertain about how much entropy it has, other words, I do not trust it 100%). So I throw a dice 100 times (To have a 100 digit base6 number) this will give me a truly random private key. (I use a fair dice bought in Las Vegas actually) In this way have my private keys never been "exposed" to the internet. |
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so if i understand it well i take a little risk everytime i want to sell my bitcoins or move them to wherever?
so it would be better to make 10 wallets each with 1 btc? so i can keep the 9 btc in paper wallet and take 1 out if i need them?
I have made a bunch 0.1 (with a offline bitaddress.org dump), when I need some coins to spend, then do I just scan the private key with mycilium - takes a few sec. and then is the coins ready to be spend. Works pretty well. For larger sums would I use the importprivkey command in bitcoin core. |
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and is it right that i can't check if i have acces to that address untill i load it in blockchain or a btcqt?
tomorrow all my bitcoins will come free and can put them all in a paper wallet then
I have found an old post I made, maybe you can use some of the info: I have done a lot of research on this topic; my solutions uses two Bitcoin-core clients and one paperwallet.
1. Bitcoin-core client running on my desktop-pc, this is my hotwallet, where I do all my in/out transactions to the "world". I never keep too many bitcoins here. Password is of cause strong.
2. Bitcoin-core client running on dedicated pc, this is my cold-storage, only use this PC if I have to move funds to my hot-wallet.
3. Paperwallet, printed out, stored away. Never touches this one. Only uses it for long time storage of funds I am certain that I don't need in the near future.
I have backup of all the wallets, located at two different locations.
I know that there is more secure ways to do this, but the more security you add the higher is the chance that you will not be able to access the funds your self.
The important thing for me, is that it reasonable safe and I trust the setup.
I also thing it is important not to "put all the eggs in one basket", thing it is important to divide your funds into different system/types. E.g. if my cold-storge is compromised it is unlikely that my paper wallet is compromised at the same time.
Never lost one single satoshi since I start using this setup. |
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What happens when the devs runs away with the 1/3 fiat backup? |
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Hi everyone,
Some time ago I bought 100 BTC (+70.000$), most of them I lose through hackers, mtgox, investing in HYIP, getting scammed by cloudbet... Now I have a bit less than 10 btc left (sadly worth nothing in compare to my initial investment). I'm used to keep them at exchanges like kraken and justcoin (which closed recently), then I discovered bitfinex and now I'm offering swaps there, hoping to maybe get back an extra bitcoin within a year. But I'm wondering how safe it is to keep my bitcoins there and offer swaps? I can make some profit there (and technically it should work as long as the owners don't run away or something went wrong on the website) but I'm also a bit affraid of losing everything. It also has some advantages, sometimes I really want to make some bets and recently I did it a lot bringing me from less than 3 to over 9 BTC. But that's mostly because of luck and maybe that could precent me losing my bitcoins that way because I never have access to my bitcoins immediately unless I change the autorenew settings in the website and wait for a few weeks. So what would be the best way to store my bitcoins? Going for the profit and let the bitcoins earn intrest on bitfinex or what do you think? My mail is safe now through 2FA if that would matter. If I deposit around 10 btc there I could earn around 2 mBTC every day by just offering swaps.
So much fail in terms of storing bitcoins  |
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Looked quickly at this "hashcoin" (never heard about it before), lots of hostility in that thread...
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AT, I would like to hear your opinion about litecoin.
Do you think it is worth jumping in again? (I will do it if you arguments are good).
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Much fun, very currency.  |
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I was a strong litecoin holder in 2013, but sold all in February 2014.
The reason why I sold is all the altcoins that was launched.
I think there was launched at least one new altcoin every week in the beginning of the year.
If you look at altcoin as one market, then was all the new coins basically a huge inflation in terms of generated coins, which must impact the price of litecoin.
When that is said, I like litecoins since it has (most of the time) a stable value and the tools (litecoin core and andriod application) works really good.
I would not hesitate to take litecoin as payment in a trade, since I am fairly sure it would not fluctuate more than a few percent in the time frame where the trade is initiated and to the time where I can exchange them for bitcoins.
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I try to obtain most every physical crypto coin out there (unless the coin has a large Bitcoin stored value, which becomes too pricey to me) but the $400 price and large medallion size has me holding off. It feels less like a coin, and more like a Olympic Silver medal.
pffftt... not even close  Olympic medals nowadays are ~ 17-18 Oz. (I had the honor hold an Olympic medal in my hand a few years ago, they are heavy) |
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I have just received 5 x Special edition. I must say I am impressed about the quality. Considering order more coins  |
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Thanks I appreciate it. Last I checked we has 27 R9 290's available to use for mining. I just need to know if its best to mine Scrypt mining Litecoins or bitcoin or something else.
Forget about bitcoins with GPU. There are two approaches: Mine something "stable" like litecoin, sell them as you mine them, this would give a stady income. or Find somekinda altcoin that have potential to rise in value, mine a bunch of them and sell them when price a high (this is more speculation than mining, but have worked for many). . |
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Thanks I appreciate it. Last I checked we has 27 R9 290's available to use for mining. I just need to know if its best to mine Scrypt mining Litecoins or bitcoin or something else.
Not going to make much, maybe 2 dollar per day, best case. Not worth the effort imo. |
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