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Author Topic: Where to store bitcoins safely?  (Read 2497 times)
fast2fix
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November 08, 2015, 05:18:39 AM
 #41

I just got my Trevor and I am happy I did.  Its worth it to invest the $120 to protect your BTC if you are going to be investing more than a couple hundred dollars.
yes, hardware wallets are good to protect our precious bitcoins. i don't have a trezor yet but i have a ledger wallet it's good too.
BitcoinBullion
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November 08, 2015, 05:22:43 AM
 #42

Funny thing is right after I post that I am having trouble with my Trevor, it crashed during the firmware update and my wallet is now empty.  Hopefully they have good support.
ranochigo
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November 08, 2015, 05:38:45 AM
 #43

Funny thing is right after I post that I am having trouble with my Trevor, it crashed during the firmware update and my wallet is now empty.  Hopefully they have good support.
They probably can't help you too much. Wasn't there a seed given when you first used it? You can restore your addresses using it.

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BitcoinBullion
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November 08, 2015, 06:49:12 AM
 #44

Funny thing is right after I post that I am having trouble with my Trevor, it crashed during the firmware update and my wallet is now empty.  Hopefully they have good support.
They probably can't help you too much. Wasn't there a seed given when you first used it? You can restore your addresses using it.

Yeah I have the seed so I should be okay, im hoping they dont have to send me a new device.
crairezx20
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November 08, 2015, 08:45:40 AM
 #45

I think the best and safetiest to store our bitcoin is in cold storage you can also try paper wallet. that you can bring it anywhere you want...
zPanda
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November 08, 2015, 08:56:56 AM
 #46

Paper Wallet, or Cold Storage.
gkv9
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November 08, 2015, 10:06:23 AM
 #47

The coolest way that I have myself been following till now is, just put your coins in either blockchain or Bitcoin Wallet - QT and make it password-protected, enable 2FA protection (for blockchain) and enjoy...

Have not faced any problems with my coins till now...

tryexcept
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November 08, 2015, 11:44:02 AM
 #48

Do they have the option to send SMS with codes before login?
They do. But they implemented 2FA poorly on android for me and I lost 0.04BTC. They didn't reply me either.

They just need to key log your computer if you don't have 2FA, they can easily use your mnemorics to transfer the money. I would have preferred it more if it's 2 of 3 as there is a faster way of recovering Bitcoins if they close down one day. Currently, the nlocktime requires a certain period of time.

GreenAddress supports supports 2of3 as well as 2of2 and 4 different kinds of 2FA: SMS, Google Authenticator, automated phone call and email (with PGP support). We encourage users to set more than one as well as recovery emails just in case they lose access to a device or their email provider disappears.

We only require 2FA when you spend or when you change important settings informations - requiring it to login would be overkill given that with the mnemonics alone you can already find out on the blockchain which transactions belong to a wallet.

ranochigo, what problem did you have on 2FA on Android? Can you describe what you found poor about it? we are sorry if your last support email wasn't replied to, please send an email to info@greenaddress.it and we'll be happy to help.

bitcoinfinder8
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November 08, 2015, 12:28:25 PM
 #49

Blockchain and coinbase are best i think so.

Posted From bitcointalk.org Android App
wafersticks09
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November 08, 2015, 02:38:25 PM
 #50

I think the best and safetiest to store our bitcoin is in cold storage you can also try paper wallet. that you can bring it anywhere you want...
Ill just store my bitcoin in cold or paper wallet if I had a pretty amount of bitcoin but for now i'll choose android wallet since im only using moblie. So yeah depends on the amount I have thats how i choose.

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