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Author Topic: Where do you store your bitcoins ?  (Read 13038 times)
smith coins
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September 29, 2015, 09:23:29 PM
 #81

50% of my coins are in my mobile wallet so that I can use them whenever I need. About 30% in coinbase and 20% in cold wallet- I am using paper wallets and store them in fire proof safety box.

I don't understand people that are using mobile wallets, we see that how easily is vulnerable android OS.

It can be easily infected by any virus. Only if you left an smartphone offline for the whole time and just to store the bitcoins.

Hmmm... As I don't have much, I am not too worry. By the way I am using CoinPocket in Apple IOS and everything is working well for nearly 2 years with 24/7 internet connection. The private key is in BIP38 and back up is easy.

Currently i don't own any iOS device, i would like you buy one with my bitcoins if any is selling lol, but as far as i know there are less viruses and malware in iOS market (Appstore,itunes).
The target of the hackers is always first in Android devices as they are easy to manipulate and can be easily be listed in Google Play Store. About the backups that's the only and the best idea until you dont backup a corrupted one. I don't use any only-mobile wallet but just the coinbase client for android and it is good enough at least for me.
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September 29, 2015, 09:28:52 PM
 #82

in the blockchain. I store my private key on my... nvm. why should I tell you?

my wallet is in my pc. if that's what you're asking.
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September 29, 2015, 09:34:06 PM
 #83

The most important lesson is to never store all or a high % of your coins in one method or one place, that way if something goes wrong you don't lose everything.

Personally I have most of my coins in cold storage, split between various paper wallets of which I obviously have more than one copy of each. I have coins stored on a Trezor, I have some coins on Core & a small amount for every say spending in a hot wallet.


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BitcoinPenny
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September 29, 2015, 10:23:17 PM
 #84

Electrum, breadwallet, and paper wallet.

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September 29, 2015, 10:44:27 PM
 #85

Diversify your coins. I never hold all my coins at the same spot. I use Bitcoin Core for the big stash, 3-4 backup wallets in different places, local exchanges for trading. Some in Btc-e and some in Multibit. Some others in my laptop.
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September 29, 2015, 10:46:03 PM
 #86

If you have under 5 coins, just store them on blockchain. If you have other that, look into cold storage and other secure safes.

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September 29, 2015, 11:12:04 PM
 #87

Majority of coins I store on a paper wallet and the rest is stored in a Electrum wallet. I do not use third party services to store my coins.

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September 29, 2015, 11:22:48 PM
 #88

I keep a wallet.dat file on DVDrom and have a newly password protected wallet because of my mining plans since I left the faucets for greener pastures. I have it newly protected so I can't get them stolen. Used to have a couple dollars at most in the wallet, so that didn't truly count if it was hacked, but now I give a damn, a BIG damn.

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September 29, 2015, 11:28:52 PM
 #89

I've got not a lot , so all the work on the exchanges !

Maybe you should try to keep some offline. Exchanges might fail any time. Paper wallet cold storage is the way to go- cheap and simple!
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September 30, 2015, 01:30:14 AM
 #90

I keep my private keys in different USB flash disks. I back up regularly. I also gave one flash disk wallet copy to my trusted relative in case something happens to me.
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September 30, 2015, 02:05:12 AM
 #91

I keep my private keys in different USB flash disks. I back up regularly. I also gave one flash disk wallet copy to my trusted relative in case something happens to me.

That's good idea of keeping securely your hard earned coins. Same thing is recommended by bitcoin.it wiki. You better give to more than at least 3 friends/relatives who are in different geological locations. Explain to your family members how much bitcoin you own and how it works and how to receive and send from a wallet. That also very important and basic need to keep your hard earned bitcoin growing.
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September 30, 2015, 04:42:58 AM
 #92

store on online wallet, some on coinbase and the rest on blockchain.
fryarminer
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September 30, 2015, 04:43:47 AM
 #93

I just store them in coinbase wallet for the time being... but I only have about half a Bitcoin.



Bad idea. I see Gox in your future.
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September 30, 2015, 04:48:44 AM
 #94

I've got the biggest chunk in cold storage (Casascius bar) which would require a plane trip for me to go get them. Hence the temptation to spend them is reduced.
The next biggest chunk in cold storage behind three locks
Then the next percentage on an android phone in airplane mode except when I need it.
Then a very small amount on my cell phone (mycelium) for my expenses and purchases.

When my Case wallet arrives tomorrow this might change - I'll keep my cold storages for savings and the rest on my Case.
Shibashi Dogemoto
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September 30, 2015, 05:53:31 AM
 #95

i store my bitcoins currenly on an exchange site based here on our country cuz i often exchange my bitcoins to our local currency.
many says that it was not safe to store bitcoins on web based wallets but i trust the site cuz i already visited their main office and met the ceo on a seminar Smiley
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September 30, 2015, 06:44:29 AM
 #96

store on online wallet, some on coinbase and the rest on blockchain.

That's a good thing. By keeping your coins on different wallets you will reduce to risk of losing all coins at once if any thing worst happened to one wallet service provider. I do save my coins on different online wallets. But I don't keep much on exchanges.
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September 30, 2015, 06:46:14 AM
 #97

I've got the biggest chunk in cold storage (Casascius bar) which would require a plane trip for me to go get them. Hence the temptation to spend them is reduced.
The next biggest chunk in cold storage behind three locks
Then the next percentage on an android phone in airplane mode except when I need it.
Then a very small amount on my cell phone (mycelium) for my expenses and purchases.

When my Case wallet arrives tomorrow this might change - I'll keep my cold storages for savings and the rest on my Case.
Man care to share how much you have spent on bitcoins?
meyns
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September 30, 2015, 11:19:55 AM
 #98

All my bitcoins are in an exchange (not a lot though)
I have 1 altcoin where the coins are in a wallet.
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September 30, 2015, 11:21:27 AM
 #99

I've got the biggest chunk in cold storage (Casascius bar) which would require a plane trip for me to go get them. Hence the temptation to spend them is reduced.
The next biggest chunk in cold storage behind three locks
Then the next percentage on an android phone in airplane mode except when I need it.
Then a very small amount on my cell phone (mycelium) for my expenses and purchases.

When my Case wallet arrives tomorrow this might change - I'll keep my cold storages for savings and the rest on my Case.
Man care to share how much you have spent on bitcoins?

Damn you must have a lot of coins to devide you wallets like that.
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September 30, 2015, 11:23:33 AM
 #100

I store my bitcoins on different exchanges which are well known and some big part on blockchain wallet that all.Windows wallet will take 2 weeks to be synched fully with my connection speed.Ir is better this way at present.


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