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yes you are right, if the hardware wallet broken, you will lose all of your bitcoin, so there are many people that use hardware wallet for investing in a very very long time, so they dont use it everyday, and every time,
if you want to use it everytime i think the software wallet is a better choice than hardware wallet
Not true you are not losing anything |
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I was mining bitcoin for 3 years invested around 4500 usd for mining equipment
Sold 2.7 btc bought land and paid construction company to build my house.
Am I rich? No but helped me a lot without btc i would never have that i have now plus i have 2 btc for saving
Btc alone gave me a 30-40 years of working and saving
Btc is my god not bank
When you started mining, did your mining device mine at profitable prices or did you have to wait for the price to increase in order to make your investment ultimately pay off? Because often times people are better off if they just buy Bitcoin instead of investing in mining equipment. When did you start mining and which devices did you use? Damn those times when you could mine Bitcoin just with your laptop, that must have been fun!  No I was mining for 3 years and holding almost 8 years i started mining with those usb miners 332mh/s each i could afford buy 15 of them later i get avalon bitfury and s1 in 2 pcs still have all this garbage now in basement lol |
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I was resisting my wife when she said who wants much have nothing that was when btc was around 15000 so wait if you dont need money and if you need then dont invest in crypto
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I was mining bitcoin for 3 years invested around 4500 usd for mining equipment
Sold 2.7 btc bought land and paid construction company to build my house.
Am I rich? No but helped me a lot without btc i would never have that i have now plus i have 2 btc for saving
Btc alone gave me a 30-40 years of working and saving
Btc is my god not bank
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This is quite an informative article that can help especially the beginners but just want to add to it.
I realized you mentioned how bitcoin can be lost by misplacing private key and also from hacked exchanges but you did not mention how it can be lost through malware installation on wallet devices and also through phishing attacks.
Also, you did not mention seed phrase all through, for beginners to understand, you need to let them know how important seed phrase are. Because losing the master private key, seed or the seed phrase can be used to steal your whole wallet and lead to Bitcoin and other funds lost.
Ways Bitcoin can be lost
1. Forgotting the encrypted password used
2. Seed phrase accessed by attackers
3. Malware attack like trojan and keyloggers etc
4. Through phishing sites
5. Through fake exchanges
6. Through fake wallets.
7. Through lost passphrase
8. Hacked exchanges
9. Lost to cloud mining sites
10. Lost to Ponzi scheme
11. Lost through fake giveaways and airdrops
12. Lost through misplaced seed phrase, private key or seed etc.
Only few points here are valid. Most of them are not lost just someone else have them. |
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None of us will be around here in 21000  |
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where is your private key? in ocean wallet or on ledger?
In Ocean wallet 1) dump priv key from ocean wallet 2) open new magnum wallet with that key 3)send your KMD to ledger addy finally got it back in my ledger and linked to Magnum, thank you very much for your help! NP I am glad I could help |
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where is your private key? in ocean wallet or on ledger?
In Ocean wallet 1) dump priv key from ocean wallet 2) open new magnum wallet with that key 3)send your KMD to ledger addy |
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where is your private key? in ocean wallet or on ledger?
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I am using magnum wallet works with ledger and trezor too
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Hi
First I want to wish merry xmass to everyone.
Second I am holding few coins and beside BTC,DGB and others, is KMD my bet.
Great project with big future.
Im only holding coins that I can store on trezor wallet.
KMD is one of them
All I need to do is once a month connect my trezor to magnum and collect my rewards...perfect is it??
Correct, claimning the rewards 1x in a month is good Well that's not best part ,best part is I can keep my priv key in hardware wallet … And it is even more energy efficient than pure POS... |
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Hi
First I want to wish merry xmass to everyone.
Second I am holding few coins and beside BTC,DGB and others, is KMD my bet.
Great project with big future.
Im only holding coins that I can store on trezor wallet.
KMD is one of them
All I need to do is once a month connect my trezor to magnum and collect my rewards...perfect is it??
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Hi
How can I fix runtime error?
I tried uninstaling and reinstaling wallet and c++ library and still same.
Anyone?
Thank you
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Sr.member asking newbie qv? hmmm
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Hi
Could anybody help me with farmer issues?
Running 2.0.17 on win 7.
Everything was ok till about 2 days ago.
Now have 75 peers conected but not activity.
Log file showing error "[1478352335713] Log file created.
{warn} [Sat Nov 05 2016 14:25:37 GMT+0100 (Central Europe Standard Time)] you are not publicly reachable, trying traversal strategies...
{warn} [Sat Nov 05 2016 14:25:39 GMT+0100 (Central Europe Standard Time)] could not connect to NAT device via UPnP: 57832
"
Thank you
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It has been listed there since start.
No one is in charge right now
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I think DGB should partner with MYR coin...would be awesome
How would their partnership be awesome and how would that work? DGB seems to be a clone of MYR in the sense of it being the fist multi-algo coin and DGB the next Its upto the devs/community to decide on that Then all sha256 coins should partner with BTC right? |
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directory.io is actually just a site which contain privkey of an address which they generate it automatically so there's no balance on it,and I don't sure your privkey were published there ,if i'm wrong,then show the proof
OK fine. You want proof, here is proof: http://directory.io/76746648320380374280100293470930 The 17th address on the list is MY ADDRESS! AND MY PRIVATE KEY!!! I'll tell you what is good fun, just take a few of those addresses and copy and paste them into blockchain.info. It's like playing the lottery! It's like playing the lottery but you don't have to pay to play!! Not only that, it is like playing the lottery without having to pay AND you can win more than the real lottery!!! I'll bet you can't resist copying and pasting a few of those addresses. Give it a try! 10-20 addresses are empty with 0 transactions so what you are talking about? |
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