As long as the PGP private key is kept in a safe place storing your private keys in the cloud (while PGP encrypted) should be safe. Although if you are going to be securing something with your PGP key then you might as well backup your private keys in the same place that you keep your PGP key (ideally on an offline computer). If you are going to need a backup of your private keys, then you would probably need a backup of your PGP key as well so securing it this way is somewhat of a catch 22 - although you could encrypt it with a passphraise, although this is less secure
In practice it makes a difference where you might store your PGP key vs. your wallet.dat because the PGP key is static but the wallet.dat keeps changing and backups need to be made periodically. For example, you can store a cold (unencrypted) copy of your PGP key in a safety deposit box and use a very strong passphrase to encrypt the active copy without having to worry too much about forgetting the passphrase because you could always run to the bank in the event that you do forget. However, it probably is not convenient to run to your safety deposit box every night with your updated wallet.dat each time your private keys change. What do you mean you need to make frequent backups of your wallet.dat? Wont one suffice? |
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u will regret selling ur coins later blazed.  i so much regret just letting go of just 1 of the 10btc silver rounds  |
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The wallet.dat of bitcoin core is already encrypted with a strong algorithm.
If you use a decent password you are safe to put your wallet.dat on a cloud service like dropbox.
A decent password should be 15 characters or longer, containing uppercase, lowercase, digits and special characters. Don't use anything written in a book or which can be found in an internet resource. Even if you change a few characters in such phrase, it will not be safe enough.
So you are saying if I encrypt my wallet from Bitcoin Core I do not need to PGP encrypt the backup file? That makes it convenient because I did indeed encrypt my bitcoin wallet from bitcoin core. |
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what do you think of storing your wallet backup in the cloud? like a storage service. like google drive / drop box / iCloud drive / etc...?
of course there is the USB stick and paper option too...
also how do you load a backup into bitcoin-qt?
Yeah, I use this method. I first PGP encrypt the wallet backup, then zip it, and finally attach it to a message on Gmail or some other mail service. Pretty convenient. Even with a password protected wallet I would never leave it on the cloud without secondary encryption because someone could still see your transactions and addresses. To restore the backup for bitcoin core, shut down the client and replace the current wallet.dat with your backup copy. Then restart the client. Thanks for the info. This is exactly what I do but I never encrypted my wallet file. I will defiantly do that now. Would you mind explaing to me how to PGP encrypt it? |
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This item sold! Pending escrow.
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what do you think of storing your wallet backup in the cloud? like a storage service. like google drive / drop box / iCloud drive / etc...?
of course there is the USB stick and paper option too...
also how do you load a backup into bitcoin-qt?
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as the title states, where do i report them. i use the OS X client and i noticed a few bugs. i wanna help eradicate them and i also want to help optimize the UI for hiDPI (retina) displays. how can i contribute?
Curious what bugs you're seeing? I've used the qt client quite a bit on GNU/Linux and I haven't had any troubles. Again, just curious. I'm on OSX. Using the latest 5K iMac loaded with the latest version of OS X. I see two issues right off the back: 1) Clicking the Bitcoin-Qt icon from the dock doesn't load up the windows. Instead I need to right click and click Show / Hide to get it to pop up. 2) Other than the overview icon, the other 3 (send, receive, txns) are pixelated and not optimized for the retina (hiDPI) display. Nor are the icons in the recent transactions list. And the checkmark in the transaction list row. Pretty much everything isn't optimized for hiDPI displays other than the overview home icon. Kind of disappointing because it's such a simple fix and it would prepare it for future displays. I'd like to help provide cool looking icons that are hiDPI ready. |
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what on earth would you need that for?
investing in gold? lol. just get btc.
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can't do shipping ,i will cover escrow with OgNasty
i'm at 24017
ok contact him and make the arrangements. once funds are in escrow and you PM me your mailing address i'll send it monday morning. |
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I'd be interested as a coin collector more than wallet... but not sure how to value it other than bullion so if you want to PM me an offer I'd welcome it.
I bought it for $100 + shipping from blazedout419 so that's exactly what I will ask for it. |
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NearComet is a big data startup which mines the bitcoin peer to peer network and presents analytics and visualizations in real time. NearComet tracks transactional and financial flows in the system. To facilitate data mining, NearComet maintains a world-wide network of nodes to gather data in real-time from the bitcoin network.
NearComet analytics will be of interest to the financial industry, day and intra-day traders as well as professional organizations that have specific real time data mining requirements.
As a startup, we are actively seeking venture capitalists who wish to participate in this leading edge technology start-up.
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hold up
wait a minute
who gives a fuck about it
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The problem is, if you want to capture the sharp flash crash and buy lots of coins at a bargain price, you must have an order there with enough fiat money backing, so I usually leave some of my fiat money there, not too much bitcoins
That's what I'm trying to do. Tell me, in the event of a hack, is the fiat safe? I would assume BTC isn't. And I don't see Bitstamp as a company that would just run off with the fiat. |
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I used to keep a lot of BTC on Bitstamp and lend them out for a small interest to other traders. I even wrote a bot that attempted to price my swap offers at what I thought was the optimal price based on the historical trend of the FRR. In the end I collected only a small amount in interest payments. I figured that it wasn't worth the risk and withdrew everything.
That's exactly what I am thinking of doing but ever since that hack I'm VERY skeptical. |
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as the title states, where do i report them. i use the OS X client and i noticed a few bugs. i wanna help eradicate them and i also want to help optimize the UI for hiDPI (retina) displays. how can i contribute?
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i offer 625.00 in BTC
Hmmm...... that would be a killer deal for you. How about 625 USD in BTC + you pay shipping, whatever that may be. I'll let you know the final numbers if we agree. Deal? |
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there is a service that lets you buy tickets with btc... forgot the name atm ill let u know when i remember
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