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1581  Other / Beginners & Help / Re: Simplest way to stash bitcoin? on: September 06, 2012, 08:54:10 PM
Sorry... I know this has been answered, but I'm tired of searching all this technical stuff.  I simply want to buy $200 worth of bitcoin and sock it away on a disc for a few years.  I don't want it to be on my hard drive in case I get hacked or my comp crashes.

I am very non technical, what is the easiest way to do this? Thank you, Ann.

If you are pretty sure your computer is secure, with no screen-scraping spyware or malware, then here's probably the easiest:

Step 1.) http://BitAddress.org

Step 2.) Wiggle mouse

Step 3.) Hit Print

Step 4.) Using an exchange, like one that accepts cash deposit  ... buy bitcoins.  Then withdraw to the address from the QR code that you printed.

Step 5.) Verify funds made it, by watching the address on Blockchain.info:

Step 6.) After a couple confirmations, close your browser and put the piece of paper in a safe place.

Years later, redeem the private key (from a computer that is secure).  There are many methods to do this today, ... a year from now there should be many many additional options.


If you aren't sure your computer is secure (at least not willing to risk $200 worth on the chance that it isn't, use a bootable LiveOS.  You can get one from Ubuntu for instance.  Boot to that, then go to BitAddress.org.



Thanks, I just did this from a liveOS of ubuntu.  This should replace the epic "how to create a 100% secure wallet", for new users that don't have the patience for reading the entire thread.   

I didn't know it was so easy to run ubuntu on a mac.  Just download the image here and burn it to a CD. 

Instead of accessing the internet from the Ubuntu live OS I saved the websites bitaddress.org and brainwallet.org to my HD in advance.  I created a paper wallet and a brainwallet.  Now, even if my paper wallet is somehow physically compromised in the future I will not be totally wiped out as long as my brainwallet password is secure enough! 




1582  Other / Beginners & Help / Re: cash deposits at wells fargo on: September 06, 2012, 07:46:10 PM
I have a couple hundred BTC that I would like to get rid of one day by cash deposit at my WF account. I was wondering if there are any legal or tax issues I should worry about. I think the market needs some more cash deposit exchanges because of Bitfloor going away  and I could do better than Bitinstant's 4%.

perhaps you could go on #bitcoin-otc and find someone that wants to send you cash in the mail, or meet in person.  eliminate the bank and your worries.  i found a local seller of btc on there the first day i started using it. 
1583  Other / Beginners & Help / Re: Simplest way to stash bitcoin? on: September 06, 2012, 06:18:32 AM
Sorry... I know this has been answered, but I'm tired of searching all this technical stuff.  I simply want to buy $200 worth of bitcoin and sock it away on a disc for a few years.  I don't want it to be on my hard drive in case I get hacked or my comp crashes.


Even better:

(short version) Come up with a good pass-phrase of 4 unrelated words. Create a brain-wallet address. Send bitcoin to that address. Nothing to get hacked, nothing to crash, nothing to sock away. Just don't forget your pass-phrase.

I have a painting in my house that I describe with 4 words, and generated my own brain wallet with those 4 words. I think of those 4 words every time I see the painting, thus grinding the pass-phrase into my memory.

http://brainwallet.org/



WARNING!  Your passphrase is way too short for use as a brainwallet.  Please reference this FAQ for Brainwallet - https://en.bitcoin.it/wiki/Brainwallet

"It is very important when creating a brainwallet to use a passphrase that has a very high level of entropy. If this is not done, theft of the brainwallet is an eventual certainty.

This is not a simple suggestion. This is a requirement. Most people when asked to create a secure password, with everything they've heard about creating a password, will still create a password that if used for a brainwallet, will result in the eventual theft of their funds. The simple fact of the matter is that hacking a brainwallet password is a mathematical exercise that requires no internet access, no communication, and leaves no trace, so hackers can collectively try multiple trillions of passwords every second in the privacy of their own homes with the very same equipment they use for mining bitcoins (in the usual sense). Your bank might tell you that a 10 character password with uppercase, lowercase, numbers and symbols is a strong password, but it is not strong enough to secure a brainwallet. A password that might be strong enough for traditional banking or a social website is typically unacceptable for a brainwallet.

A brainwallet passphrase, at a minimum, needs to be an entire original sentence that does not appear in any song or literature. Security is enhanced simply by including some sort of memorable personal information, which doesn't necessarily even have to be secret (e.g. an e-mail address, or phone number). A good brainwallet passphrase will have dozens of characters. "
1584  Economy / Goods / Re: Used Visa/Mastercard gift cards on: September 06, 2012, 04:41:06 AM
what can i do with a card with no balance?

I think you can use them for web sites that need a verified CC.

yes.  for example i use my old ones for indefinite free n3ttt fleckxxs instant, just sign up for a new trial every month.
1585  Economy / Lending / Re: Seeking 1 BTC loan on: September 06, 2012, 01:36:09 AM
loan filled
tx id = fe800b0ef6c3f35d048682915b7f5238fba4f8e5dd912d9f74eb11b34e89fdf5

xenland agrees to repay 1.05 btc on 9/19/2012
1586  Economy / Lending / Re: last loan ever(paid) on: September 06, 2012, 01:30:09 AM
a 10 minute loan??

way to build the credit rating.......

ee9425c89dbc43efb6b96d3942bf9962778a3cd34fb9253a1df2506b3ef6e1f1                                          2012-09-05 18:35:42
18EFLufVWgwL3dYg3UnvZ3wrsdHs69yzk5                              ->                            1KyBfLppdb7KUf76ejhQC26PzVqA1oawgJ 25 BTC


84e1f6e7a4b8bf5d18d8ddf7d6a51a89c49400a9e5732d188356bab13da58a9f                                         2012-09-05 18:45:25
1KyBfLppdb7KUf76ejhQC26PzVqA1oawgJ                              change                      1GabpE5aeKjwm21ffSz8aQ8LjiHXVPTKun 0.01 BTC
                                                                                     ->                           16QK92o358NQZKCLhMrBvP6VccFVZm7Nf3 25 BTC

It wasn't 10 minutes.  I sent at 13:15 and Thunderbit repaid at 18:16.  From what I gathered by the info supplied, Thunderbit is doing business with people in person in his area and using the lending services of this board as a proxy service, ya dig?

What does it matter if the loan is for 10 minutes, 6 hours, or 2 days?  The funds can still be used! 

1587  Economy / Goods / Re: $60 T-Mobile refill card, unused - 5 BTC on: September 06, 2012, 12:49:17 AM
ah whoops, can this be moved to the Goods forum?  sorry
1588  Economy / Goods / $60 T-Mobile refill card, unused - 5 BTC on: September 06, 2012, 12:47:35 AM
I accidentally bought a T-Mobile refill card from Walgreens when I should have gotten a Boost Mobile card instead.  Of course, these things are non-refundable so i'm stuck with it.  The funds can be used for a monthly plan or pay as you go phones. 

selling for 5 BTC. 

my posts are low but i'm just getting started.  i'm registered on bitcoin otc as well. 
1589  Economy / Lending / Re: paying off my loans on: September 06, 2012, 12:00:39 AM
it had something to do with restrictions....i bought this from a friend and even though im the admin  it gives me trouble sometimes and wont let me do stuff

hm.  well if you have the time i'd recommend a fresh install of your OS.  then you should have no problem with permissions.  just backup your wallet.dat first of course (hopefully you already do)!   i'm sure there is probably an easier way to solve your problem but i would feel uneasy using an OS previously installed and used by someone else, even a friend.  if you can afford it, get a new internal HD and start fresh.  why not be as safe as possible?  

and for security reasons don't use the internet on your admin user account, if possible.  create a standard user account for your daily use and only login as admin when you need to make changes.  
1590  Economy / Lending / Re: paying off my loans on: September 05, 2012, 11:35:10 PM
it does take awhile to figure it out, if you have any questions feel free to pm me i will try to help.  its worth the hassle.  are you having problems with the irc client or the gpg authentication stuff?
1591  Economy / Lending / Re: paying off my loans on: September 05, 2012, 11:30:05 PM
you should give bitcoin OTC a shot, if you haven't already. 
1592  Economy / Lending / Re: Seeking 1 BTC loan on: September 05, 2012, 11:28:03 PM
i pm'd you
1593  Economy / Lending / Re: last loan ever(paid) on: September 05, 2012, 11:26:48 PM
payment of 26 BTC confirmed, thanks thunderbit
1594  Other / Beginners & Help / Re: Bitcoins on Ebay on: September 05, 2012, 08:16:28 PM
there is a premium because of sellers accepting Paypal, which is a reversible payment...

i think that is why
1595  Economy / Lending / Re: last loan ever(edited 5btc return) on: September 05, 2012, 06:46:40 PM
25 btc loan paid to Thunderbit tx= ee9425c89dbc43efb6b96d3942bf9962778a3cd34fb9253a1df2506b3ef6e1f1

thunderbit will repay 30 btc on 9/07/12

1596  Economy / Lending / Re: last loan ever(edited 5btc return) on: September 05, 2012, 04:11:47 PM
i will accept...pm me
1597  Other / Beginners & Help / Re: Electrum Bonanza (Free bitcoins!) on: September 02, 2012, 07:16:07 AM
i hope someday a Satoshi will enough to buy me a pizza
1598  Other / Beginners & Help / Re: Electrum Bonanza (Free bitcoins!) on: September 02, 2012, 07:01:35 AM
I've gotten a little richer, so bumping the bounty to 500 satoshis per qualifying post! Now who's your daddy? Smiley 

How much 500 satoshis in bitcoin?
I didnt heard about satoshis before.

0.00000500

satoshi smallest unit of btc
1599  Bitcoin / Bitcoin Discussion / Re: The reality of BTC that too many (and myself) dont want to believe. on: September 02, 2012, 06:35:58 AM
(in 1990, millions of kids (eg, ~10yr olds) were using the internet )

In 1990 internet was Gopher, Compuserve and BBS. First web browser - 1993. Millions of kids - 1997.
and 2400 baud IIRC

i have many good memories being a kid (7-8) dialing into BBSes that you found the numbers on from the free Computer User newspapers.  2400 baud was the shit.  then trying to download a bmp of some girl in a swimsuit would take like 30 minutes.  or more, but i wasn't complaining.  then my parents got Prodigy...it sucked. 

bitcoin still seems to me at that fun renegade 2400 baud stage and thats why i like it
1600  Bitcoin / Bitcoin Discussion / Re: Poll - What kind of bitcoin user are you? on: September 02, 2012, 06:22:27 AM
Stacking, but trying to buy and spend as much as possible on everyday items...
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