Hi guys. I'm a newbie, and I need some help . . . I wanted to try invest some money in BTC, and I made a Bitstamp account and downloaded Electrum wallet. Anyway, all this security talk really scared me, so I goggled a lot on hot vs cold storage, and making a cold wallet for me sounded a bit complicated. I have a bit of a dilemma now. Since I plan to buy only about 2BTC for starters, Is it better for me to keep it in a cold or hot wallet? I was reading about Bitstamp's recent breach in security so I was going for the colde wallet, but it seems a lot of hussle just for a 2btc. Is it a really that risky to keep it on some server somewhere? PS. Sorry for my bad English. It is my second language . . . Don't trust any online service. Bitcoin means freedom and it's better if you keep them yourself. Follow some tutorial here to make a cold wallet, if you want to move your bitcoins at the beginning, hot wallet is ok, just follow basic computer security.
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I've got about $700 that I want to use to buy Bitcoin and hold it for the long run. I am having a hard time choosing where I want to store this coin, encrypted desktop wallet, blockchain.info, blockchain.info paper wallet, TREZOR, or something else. If I go with a TREZOR then I'll only have around $600 to spend on buying coin. What do you guys think is my best option for storing 3 Bitcoins for the long run?
I suggest you a paper wallet to protect your bitcoins. You can find some tutorials here
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My rigs are ready to mine Droidz
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EDIT: all good
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Thanks dev, be aware of fake users.
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Reported to moderator
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He's an impostor trying to steal bitcoins from Droidz ICO, please report this user to moderator
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Buy Now ICO is Ending.... ...... WARNING IT'S A FAKE USER HE REPLACED ICO ADDRESS
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I miss this ICO but other Qubit Algo coins are going to launched, hope 10x again
Can you tell me what's coin? Coin is called droidz. We have 314,244.97 cyp buys and 45,723.872 sells right now, interesting
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Suprnova is now up ! Wasn't the countdown going for 40 more minutes What's going on? I want to mine this!
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I miss this ICO but other Qubit Algo coins are going to launched, hope 10x again Seems like Qubit is becoming popular
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alexrossi is a trusted escrow, Qubit algorithm is amazing, considering what cypher coin is doing I will mine droidz and invest some btc
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Let's say I regularly send BTC back and forth between wallet #1 and wallet #2. I'm receiving BTC and I don't want the sender to link me to wallet #1 and its transaction history. Is my privacy increased at all by having him send to wallet #2 instead of wallet #1 or will I be linked to wallet #1 for sure no matter which wallet he sends to?
Use a bitcoin mixer for more privacy
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Problem solved quickly! Good job Cypher Team! Since it's on Bittrex, buys are always around seven times higher than sells, seems like a huge accumulation, what will happen next days?
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what , you through a dedicated server is needed to mine bitcoin , nah , you just need a powerful Gpu , or Asic hardware that will be more powerful mining bitcoin and also more cheap .
GPU day's are really over for most. Even with cheap electricity you need an asic not a GPU rig. Even if you run at a profit I don't see any way to ROI on a GPU rig anymore. Try Qubit mining like me, you can still make good ROI
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Update about the progress on our project: in this moment we're working on the technical documentation. Sunday we're going to post the second part of the Cypherkey specs, where we describe the cypher software in detail. We're very happy seeing the huge support you're giving to us, thank you again.
Cypher Team
Thanks for the update! I see Cypher it's still in Bittrex Top 10, this coin is very stable.
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As promised we are releasing more details about part of our roadmap, today we will talk about CypherKey and CypherCore, as essential part of our bigger project called CypherNetwork. CypherKey is a physical tool (custom usb keychain) for all Cypher users, which combines features like: 1) Cypher Software 2) Multi-OS Support 3) Full Data Encryption 4) Dynamic Data Managing 5) Steganography 6) Cypher VPN and more, with AES-512 encryption to guarantee privacy. CypherCore is another physical tool (custom wireless band), required to make CypherKey work correctly which has: 1) unique ID 2) proximity sensor 3) works as 2FA 4) notification (vibration, light and sound) We won't talk about CypherNetwork today, we will release more details in the near future. Development of CypherKey and CypherCore will start tomorrow. Technical documentation will be released as soon as we are ready, it's important for us now to protect our project so we can't disclose too much informations. A few words for Cypher investors and users: a sincere thank you from Cypher developers, thank you for supporting us and making Cypher well-known in Alt-Currencies world. Stay tuned, much more to come. Cypher Team - 31337 Cryptocurrency This is a great idea, makes me think about Ulbricht and his arrest. With stuff like cyphercore you would be safe buy support are appearing and disappearing.....1 to 6 btc
People are selling. I don't see the point in having an anonyme physical usb key or wireless band if you need to receive it by mailbox. Clarification from the dev team would be needed. I checked Cypher website and a section called "STORE" appeared, something big is coming!
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Im still wondering how this got on cryptsy. Crave isn't even on cryptsy. lol Maybe cryptsy knows something we don't.
Probably because Cypher is much more promising?
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I'm hitting F5 waiting for news from Cypher developers!!! Don't make me wait too much
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Stratums @ Suprnova are now shutted due to POW ended for this coin.
Thanks a lot for mining with suprnova and please withdraw your remaining funds from the Pool.
oc
Thank you ocminer, excellent job.
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