Storing bitcoins

[leen93]

so if i understand it well i take a little risk everytime i want to sell my bitcoins or move them to wherever?
so it would be better to make 10 wallets each with 1 btc? so i can keep the 9 btc in paper wallet and take 1 out if i need them?

The risk is that after importing your private key to blockchain.info, it will no longer be offline as I said.
So, your bitcoin will no longer be immune to hacking, phishing attacks, malware, etc.

I don't see any problem to that.

btw, what is a strong password for bip38 ?
how long does it have to be to be safe?
is it best to just make a sentence in the smallest language I speak?

It it better to be consisted of capital and small letters, numeric and special characters.
The longer the password, the more unlikely it will get cracked but at the same time the more likely you will forget the password. 

yes, but something like jé&"sdjqflj"é'(è'(!JJkjJKJKJI827F3!è§!FFddd5f('7d8f7d8f2d2dé"'(§28ddfdd22sdf(§§sd8s28Fgeit §(§ds56sè!!!!!çdsDdffdfdsFDsf65Dfdf66èè觧(§(5FdDF6dFD6DFfd6 i will not even try to get that in my mind, i can print it out but that doesnt make sence since i already printed out the private key, but I'm wondering if it makes sence to add a normal password like Pingo486955 ? what's the chance ill lose my bitcoins in case my private key gots stolen? 0.00001% or near 100% ? I've no idea...

[TookDk]

and it's 100% sure www.bitaddress.org gives me the right private key and they don't keep it thereselves? if exchanges could betray me, they could do that too? and i wouldnt even know that untill i bring them somewhere online in the blockchain in a few years

It is open source, and you can find and download the code directly on github. https://github.com/pointbiz/bitaddress.org
I haven't checked the code myself, but from what I heard, no one has found any backdoor anywhere in the code since the project started in 2011. https://bitcointalk.org/index.php?topic=43496.0

If running the page off line, then would there be no way Ninja could get the keys.
The only real concern anybody can have is the entropy of the random generator.

[TookDk]

so if i understand it well i take a little risk everytime i want to sell my bitcoins or move them to wherever?
so it would be better to make 10 wallets each with 1 btc? so i can keep the 9 btc in paper wallet and take 1 out if i need them?

The risk is that after importing your private key to blockchain.info, it will no longer be offline as I said.
So, your bitcoin will no longer be immune to hacking, phishing attacks, malware, etc.

I don't see any problem to that.

btw, what is a strong password for bip38 ?
how long does it have to be to be safe?
is it best to just make a sentence in the smallest language I speak?

It it better to be consisted of capital and small letters, numeric and special characters.
The longer the password, the more unlikely it will get cracked but at the same time the more likely you will forget the password.  

yes, but something like jé&"sdjqflj"é'(è'(!JJkjJKJKJI827F3!è§!FFddd5f('7d8f7d8f2d2dé"'(§28ddfdd22sdf(§§sd8s28Fgeit §(§ds56sè!!!!!çdsDdffdfdsFDsf65Dfdf66èè觧(§(5FdDF6dFD6DFfd6 i will not even try to get that in my mind, i can print it out but that doesnt make sence since i already printed out the private key, but I'm wondering if it makes sence to add a normal password like Pingo486955 ? what's the chance ill lose my bitcoins in case my private key gots stolen? 0.00001% or near 100% ? I've no idea...

I really advice you to keep your setup simply.
The bigest threat to loosing access to a private key is your self.

[leen93]

yes, that's what i mean, but is using a short password which ill never forget, Schoen468596 or something much safer than without a password or can any hacker just come up to something like this?

[TookDk]

yes, that's what i mean, but is using a short password which ill never forget, Schoen468596 or something much safer than without a password or can any hacker just come up to something like this?

You might get in a car accident and get amnesia...
I would advice you to use multiple methods, if one fail the other ones will most likely still be ok.

[leen93]

yes, that's what i mean, but is using a short password which ill never forget, Schoen468596 or something much safer than without a password or can any hacker just come up to something like this?

You might get in a car accident and get amnesia...
I would advice you to use multiple methods, if one fail the other ones will most likely still be ok.

then i can still keep that password hidden somewhere where nobody will ever find it

[TookDk]

yes, that's what i mean, but is using a short password which ill never forget, Schoen468596 or something much safer than without a password or can any hacker just come up to something like this?

You might get in a car accident and get amnesia...
I would advice you to use multiple methods, if one fail the other ones will most likely still be ok.

then i can still keep that password hidden somewhere where nobody will ever find it

You should chose a setup that gives you peace in mind and is not too complicated.
As long as the coins are offline, you will in 99% of the case be ok.

Bitcoin is about taking responsibility of your own funds, it gives you freedom but also responsibility.


 

[jaxxx]

i suggest to upload on somewhere on cloud for the dat file, depending on what you use.

[nor9865]

yes, that's what i mean, but is using a short password which ill never forget, Schoen468596 or something much safer than without a password or can any hacker just come up to something like this?

Don't use Schoen468596 anymore, but that is a relatively safe password, it is unlikely a 'hacker' could guess that as your password. You should include special characters such as: !#^$&@*()+- to generate stronger passwords.

[leen93]

yes, that's what i mean, but is using a short password which ill never forget, Schoen468596 or something much safer than without a password or can any hacker just come up to something like this?

Don't use Schoen468596 anymore, but that is a relatively safe password, it is unlikely a 'hacker' could guess that as your password. You should include special characters such as: !#^$&@*()+- to generate stronger passwords.

Ok, and I didn't mean to use that as a password but just as an example
I made my first bitcoin paper wallet which I'll really use!!!!!  
just printed out the private key without anything else at all so 99.9% of the people will not even know what it is when they see it

[nor9865]

yes, that's what i mean, but is using a short password which ill never forget, Schoen468596 or something much safer than without a password or can any hacker just come up to something like this?

Don't use Schoen468596 anymore, but that is a relatively safe password, it is unlikely a 'hacker' could guess that as your password. You should include special characters such as: !#^$&@*()+- to generate stronger passwords.

Ok, and I didn't mean to use that as a password but just as an example
I made my first bitcoin paper wallet which I'll really use!!!!!  
just printed out the private key without anything else at all so 99.9% of the people will not even know what it is when they see it
if someone wants to put a satoshi in my first paper wallet, feel free  

Well now you just gave away the identity But it doesn't matter, bitcoin is still safe (it's just that people will see your balance now).

Funding is up to you!

[BulkBound]

You can use blockchain.info step by step guide to create a secure cold wallet.

[leen93]

You can use blockchain.info step by step guide to create a secure cold wallet.

thanks but I already made my cold wallet  bitcoins on the way

[2double0]

You can use blockchain.info step by step guide to create a secure cold wallet.

Link for those interested: https://blockchain.info/wallet/paper-tutorial

You can use blockchain.info step by step guide to create a secure cold wallet.

thanks but I already made my cold wallet  bitcoins on the way

You should use the "import watch only address" function on blockchain.info so you can keep easy track of the balance on your cold wallet and if any transactions occur.

[leen93]

You can use blockchain.info step by step guide to create a secure cold wallet.

Link for those interested: https://blockchain.info/wallet/paper-tutorial

You can use blockchain.info step by step guide to create a secure cold wallet.

thanks but I already made my cold wallet   bitcoins on the way

You should use the "import watch only address" function on blockchain.info so you can keep easy track of the balance on your cold wallet and if any transactions occur.

haha, i just did that before i readed this
only the widget on my phone sucks a bit, can't make it smaller...