Ledger is having a Winter Holiday promotion!

[Lucius]

Ledger is having a -30% promotion on the Nano S starting NOW up until the end of the year!
Ledger will communicate about it only on Monday but I wanted to give you a head-start to spread the news to your audience.

This is from e-mail which I received a few days ago, so if you have not already take advantage of the few last discounts, new chance is here. Considering all distressful stories which we can read these days in the forum, I think that some 70$ is very low price to secure your coins.

But never forget that hardware wallet is safe only if user do not do anything stupid. For example keep a copy of his seed on PC, e-mail or something similar.

[buwaytress]

Definitely can't get lower than this. Strange that just a couple of weeks ago we had Black Friday and Cyber Monday yet I don't recall this kind of discount. Already got one recently, and always on the lookout to get another, if not a couple more. Bitcoin prices haven't really been friendly to my expenditures though, so afraid am going to have to pass on this. 30% off does offset a little the 40% or more decline in BTC since I got my last one though...

Gloomy Christmas, maybe their sales are lagging too.

[NeuroticFish]

Gloomy Christmas, maybe their sales are lagging too.

With crypto prices dropping this much in 2018, there are many that decided their crypto funds don't worth so much anymore to justify buying a hardware wallet.
And I think that a comeback to 8k+ has a much better chance to revive their sales than any promotion they can make.
I'm not sure it'll happen this year, but really, we cannot know. Maybe Santa is nice with us this year too. We can hope for that.

[jackg]

Definitely can't get lower than this. Strange that just a couple of weeks ago we had Black Friday and Cyber Monday yet I don't recall this kind of discount. Already got one recently, and always on the lookout to get another, if not a couple more. Bitcoin prices haven't really been friendly to my expenditures though, so afraid am going to have to pass on this. 30% off does offset a little the 40% or more decline in BTC since I got my last one though...

Gloomy Christmas, maybe their sales are lagging too.

Maybe they're just hodling bitcoin now too (like everyone else, trying to get as much as possible in the short dip).

The bitcoin amount they get per device will be about the same and they might get a few people interested in buying so they can put the prices up later on . I'm surprised there's a sale though honestly, trezor and ledger are the main devices that are good for this (the ledger blue's seemed cool but I couldn't decide whether to get one or just use an old phone to store keys - $220 is quite steep). Although there are a few alts I'd like to use but don't because I don't quite trust the source (it's not from the original developer or it's blocked by AV).

[OmegaStarScream]

But this also can be seen as way to get more BTC if they believe BTC price will rise again

Exactly my thoughts. I think Ledger nano S is the most sold hardware wallet out there. If you visit every thread on the forums about hardware wallet, you'll see that people are suggesting both Trezor and Ledger nano S so I doubt it has anything to do with them not being able to sell more. The fact that they haven't done this before shows that they are simply trying to accumulate much more bitcoins, playing it smart in my opinion.

[o_e_l_e_o]

Strange that just a couple of weeks ago we had Black Friday and Cyber Monday yet I don't recall this kind of discount.

They had a 50% discount on during the Black Friday weekend. There was a thread about it here: https://bitcointalk.org/index.php?topic=5074148.0

With crypto prices dropping this much in 2018, there are many that decided their crypto funds don't worth so much anymore to justify buying a hardware wallet.

True, but many of their sales will be to first time crypto owners. The recent price dip means nothing to them - $5000 will buy you $5000 worth, regardless of the current bitcoin price. I'd also argue that if you own anything over a couple of hundred dollars worth of crypto, a hardware wallet is worth it.

[Lucius]

or if the user don't buy from official store/reseller and don't bother check HW wallet's genuinity

I believe the only correct/safe purchase of hardware wallet can be directly from the manufacturer, for me personally resellers are not option.Even the manufacturers itself states they are a reliable source of purchase. The possibility of manipulation on the way from the factory to dealers is only an extra risk that is not worth it.

I'm surprised there's a sale though honestly, trezor and ledger are the main devices that are good for this (the ledger blue's seemed cool but I couldn't decide whether to get one or just use an old phone to store keys - $220 is quite steep). Although there are a few alts I'd like to use but don't because I don't quite trust the source (it's not from the original developer or it's blocked by AV).

Why do you ever think about Ledger Blue? Except the touch screen by its functionality/security it does not differ from the Ledger Nano S, and a few weeks ago you could buy 4 Ledger Nano S (50% discount from 100$) for the price of one Ledger Blue - with this 30% discount you can still buy 3 Nano S for the price of one Blue.

Old phone for storage of private keys? It is possible of course, but I do not consider it in any way safer way then HW, only cheaper. If you still decide on something like this here's a first-hand experience.

Using old phone for cold storage

[gentlemand]

the ledger blue's seemed cool but I couldn't decide whether to get one or just use an old phone to store keys - $220 is quite steep

Are they selling those still? They should not be. It didn't receive any updates for months while the junior versions did and I'm pretty sure they've admitted they're going to abandon it going forward. It's been an utter failure. It also supports less coins than the Nano.

[Lucius]

the ledger blue's seemed cool but I couldn't decide whether to get one or just use an old phone to store keys - $220 is quite steep

Are they selling those still? They should not be. It didn't receive any updates for months while the junior versions did and I'm pretty sure they've admitted they're going to abandon it going forward. It's been an utter failure. It also supports less coins than the Nano.

Why they would not sell them? It was published in May that a final batch of 10 000 units will be released for sale and even you commented on this thread about this. Latest firmware was released in July this year, and it has almost all features as Ledger Nano S ( except for a relatively small number of supported coins).

In future, the Ledger Blue will be a core part of our enterprise products and services. We will continue to build a powerful set of firmware and software tools around Ledger Blue hardware, with input from Ledger customers in financial institutions.

https://www.ledger.fr/2018/05/10/ledger-blue-firmware-availability-updates/

https://www.ledger.fr/2018/07/02/new-ledger-blue-firmware-version-2-1/

[buwaytress]

Definitely can't get lower than this. Strange that just a couple of weeks ago we had Black Friday and Cyber Monday yet I don't recall this kind of discount. Already got one recently, and always on the lookout to get another, if not a couple more. Bitcoin prices haven't really been friendly to my expenditures though, so afraid am going to have to pass on this. 30% off does offset a little the 40% or more decline in BTC since I got my last one though...

Gloomy Christmas, maybe their sales are lagging too.

Maybe they're just hodling bitcoin now too (like everyone else, trying to get as much as possible in the short dip).

The bitcoin amount they get per device will be about the same and they might get a few people interested in buying so they can put the prices up later on . I'm surprised there's a sale though honestly, trezor and ledger are the main devices that are good for this (the ledger blue's seemed cool but I couldn't decide whether to get one or just use an old phone to store keys - $220 is quite steep). Although there are a few alts I'd like to use but don't because I don't quite trust the source (it's not from the original developer or it's blocked by AV).

Be interesting to see actually now that you mentioned, if merchants accepting Bitcoin are just keen to get even more Bitcoin at this level, and forecasting a change of fortunes in coming months. Like you said, a 30% price cut now still means they get the same amount if not slightly more in BTC for any sale they make now - and a 30% recovery just means a tad above $1,000 improvement in BTC for them to make up for that lost profit.

Didn't think of it before but yeah, it's an alternative to buying Bitcoin without actually committing more. Just cutting down on short-term profits.

[gentlemand]

Why they would not sell them? It was published in May that a final batch of 10 000 units will be released for sale and even you commented on this thread about this. Latest firmware was released in July this year, and it has almost all features as Ledger Nano S ( except for a relatively small number of supported coins).

Ah, didn't know about the declaration of ongoing support but I would not be confident in it anyway.

If I remember rightly it went without updates for several months. In the meantime the Nano got multiple updates including some addressing potentially alarming holes.

https://www.reddit.com/r/ledgerwallet/comments/7vvko7/when_can_we_expect_a_firmware_update_to_the/

https://www.reddit.com/r/ledgerwallet/comments/86rf6u/ledger_blue_is_an_update_necessary/

If Ledger themselves can't be bothered to stay on top of it then I see no reason why their clients should give them any money.

[Lucius]

Ah, didn't know about the declaration of ongoing support but I would not be confident in it anyway.
If I remember rightly it went without updates for several months. In the meantime the Nano got multiple updates including some addressing potentially alarming holes.
https://www.reddit.com/r/ledgerwallet/comments/7vvko7/when_can_we_expect_a_firmware_update_to_the/
https://www.reddit.com/r/ledgerwallet/comments/86rf6u/ledger_blue_is_an_update_necessary/
If Ledger themselves can't be bothered to stay on top of it then I see no reason why their clients should give them any money.

Ledger Blue is not a hardware wallet for everyone, especially in terms of price when most of crypto users still have an opinion the even 50$ for HW is too expensive. It went without updates too long time, but they eventually released new firmware and now it is good as Nano S in terms of security.

Still I would like to emphasize that all those security holes were not so dangerous and that more problems emerged with multiple updates for Nano S. In a way users of Ledger Blue are spared of all the problems caused by multiple updates - and as far as I know it is not reported that any user is lost coins because of outdated firmware.