Is bitcoin paper wallet safe to dump bitcoins ?

[letyouearn]

I am looking to dump my bitcoins to safe place to btc paper wallet. I want to know that is this safe to use paper wallet for storing my btc fund.

Post your valuable suggestions.

[Kprawn]

It all depends on how they were created. If it was created on a "clean" computer without virusses and malware, you will have a better chance that it might be safe.

If it was created "offline" you might have a better chance that it might be safe.

If it is protected with BIP-38 protection. you have a slightly better chance.

If the computer on which you created it, stay "offline" you would have a even better chance.

Nothing is 100% safe... but we try all these things to increase our chances. There have been many threads explaining this, and safe methods to create a more secure paper wallet.    

[letyouearn]

It all depends on how they were created. If it was created on a "clean" computer without virusses and malware, you will have a better chance that it might be safe.

If it was created "offline" you might have a better chance that it might be safe.

If it is protected with BIP-38 protection. you have a slightly better chance.

If the computer on which you created it, stay "offline" you would have a even better chance.

Nothing is 100% safe... but we try all these things to increase our chances. There have been many threads explaining this, and safe methods to create a more secure paper wallet.    

Can you post the method or topic url describing how to create a safe bitcoin paper wallet.

[AGD]

I think paper is only the second best medium to dump Bitcoins. The best is: https://en.bitcoin.it/wiki/Proof_of_burn

[Harry Hood]

Safety is more about your actions than the medium of your wallet. I think you should work to make sure the method for creating your wallet was as secure as it could be and that you have multiple copies of the private key stored in multiple locations.

Are you planning to have a large balance (no need to answer that question), but if you are you should consider developing a system that works for you to remember your private key and keep it safe from anyone else. Whatever it is, make sure it's something that you could literally walk away from for 5 years (like if you lost interest in BTC for a while) and then come back to and still be able to access your coins.

Good luck.

[S4VV4S]

Paper wallets are considered by most people as the safest option.

To make it even safer you could:
Use a computer that has never been and never will be online.
Use a brand new USB stick.
Use a disposable printer (optional).

Make the USB stick bootable with any OS of your choice.
Create a Multisig address.
Print or write down the private key and address.
Destroy and properly dispose the USB stick and the printer.

You should be pretty safe with that.

[dollarneed]

paper wallets are often a very secure way of storing bitcoins, since they are not typically exposed to malware. but you have to be carefull for back up it or you want lose your money

[Amph]

i don't like them, and this thread helped me to ignore them completely

https://bitcointalk.org/index.php?topic=1013586.0

i'm still in favor of pendrive, just more than one, and it is better to save the whole wallet.dat and not only the key

[NorrisK]

i don't like them, and this thread helped me to ignore them completely

https://bitcointalk.org/index.php?topic=1013586.0

i'm still in favor or pendrive, just more than one, and it is better to save the whole wallet.dat and not only the key

Would it be possible to encrypt a paper wallet? Or is this against the whole idea of a paper wallet? If so, that would be ideal I guess.

[AGD]

i don't like them, and this thread helped me to ignore them completely

https://bitcointalk.org/index.php?topic=1013586.0

i'm still in favor or pendrive, just more than one, and it is better to save the whole wallet.dat and not only the key

Would it be possible to encrypt a paper wallet? Or is this against the whole idea of a paper wallet? If so, that would be ideal I guess.

Use lemon juice as ink

[bounst]

I think it is safe to dump on Bit-x which is in your signature 

[Kakmakr]

I would rather store my Bitcoins on a Trezor than storing it on a paper wallet. The thread Amph posted here also shifted my trust, when I read it for the first time a while ago. I was one of the people, saying paper wallets are the safest option to store Bitcoins. I was wrong ^sad^
A Trezor can also be hacked <with special tools> but you have to be in possession of the hardware wallet to do it.
My Trezor is locked up in a safe in my house. So good luck with that.

[AT101ET]

I assume by dump you mean store as in long term?
Paper wallets can be safe but it all depends on how you make them.
It's best to use an offline generator with an offline computer. Make sure whatever code you're running is clean and has no back doors.
Bitcoinpaperwallet has a tutorial on its site for creating safe offline wallets.
Just to be extra safe, I'd distribute my BTC over a few paper wallets to prevent losing them from theft, hacks (if the private key was compromised), damage and theft/loss of the paper wallet.
As long as you keep them safe and you know where they are, you can't really go wrong.

[virtualx]

I am looking to dump my bitcoins to safe place to btc paper wallet. I want to know that is this safe to use paper wallet for storing my btc fund.

Post your valuable suggestions.

They are viewed as safest option because they are not connected to the internet because a paper wallet cannot get virus or trojan like a computer.  Your bitcoin account is essentially a private key and address, which are the only things you need to know to move your bitcoins anywhere. You could still lose or break your paper wallet so keep them in a safe place.

[Trouble821]

If you decide to use a paper wallet then make sure you print it using pigment based ink. It's designed not to fade for decades. Water based ink prints can fade in a matter of years and might eventually become illegible, in which case you lose your coins.

[LFC_Bitcoin]

Not sure what crappy advice you're getting here bro but please visit the following website -
https://www.bitaddress.org
Disconnect from the internet when the page is loaded up, wiggle your mouse around randomly, type a few random characters into the text box, you should then generate a bitcoin paper wallet, you will have a public & private key.
Can you see BIP38 Encryption?
Type a passphrase in, remember this, you will need it to get your coins back onto an online/hardware wallet if/when you decide to in the future.
Print a couple of copies, you now have a bitcoin paper wallet & can send your coins to the public address safely.

[BlackMachine]

It all depends on how they were created. If it was created on a "clean" computer without virusses and malware, you will have a better chance that it might be safe.

If it was created "offline" you might have a better chance that it might be safe.

If it is protected with BIP-38 protection. you have a slightly better chance.

If the computer on which you created it, stay "offline" you would have a even better chance.

Nothing is 100% safe... but we try all these things to increase our chances. There have been many threads explaining this, and safe methods to create a more secure paper wallet.    

If it is created on a clean computer, you would most likely need to download scripts to generate a paper wallet. It would be safe enough to keep the computer as clean as possible by only downloading what you need for the generation. BIP 38 encryption can help when someone has direct physical access to your wallet but not if the person knows your password.

[letyouearn]

Not sure what crappy advice you're getting here bro but please visit the following website -
https://www.bitaddress.org
Disconnect from the internet when the page is loaded up, wiggle your mouse around randomly, type a few random characters into the text box, you should then generate a bitcoin paper wallet, you will have a public & private key.
Can you see BIP38 Encryption?
Type a passphrase in, remember this, you will need it to get your coins back onto an online/hardware wallet if/when you decide to in the future.
Print a couple of copies, you now have a bitcoin paper wallet & can send your coins to the public address safely.

I find this suggestion useful to create paper wallet
 My computer is 100 % protected and clean bcoz of my antivirus.

[LFC_Bitcoin]

Not sure what crappy advice you're getting here bro but please visit the following website -
https://www.bitaddress.org
Disconnect from the internet when the page is loaded up, wiggle your mouse around randomly, type a few random characters into the text box, you should then generate a bitcoin paper wallet, you will have a public & private key.
Can you see BIP38 Encryption?
Type a passphrase in, remember this, you will need it to get your coins back onto an online/hardware wallet if/when you decide to in the future.
Print a couple of copies, you now have a bitcoin paper wallet & can send your coins to the public address safely.

I find this suggestion useful to create paper wallet
 My computer is 100 % protected and clean bcoz of my antivirus.

I don't think any way is 100% safe but the above is what I have always done & I've had no problems.
People come on here & tell scare stories but if you just browse the internet for regular stuff you're not going to pick up Mi5 / James Bond style / secret agent style hackers who are clever enough to break BIP38 encryption.
I like being safe & secure but there are limits when paranoia can be excessive & a bit weird.
You can type your public addresses into any block explorer & always check your paper wallet balances at any time.

[Digit-0]

I am looking to dump my bitcoins to safe place to btc paper wallet. I want to know that is this safe to use paper wallet for storing my btc fund.

Post your valuable suggestions.

from my point of view yes, i think is one of the most dafe ways to store your btc, you know, old school method