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Author Topic: good places to hide paper wallet ?  (Read 9663 times)
jt byte
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October 27, 2015, 02:21:03 PM
 #161

Proxiebuier the last one is interesting,
I used the same thing few years before when i wanted to hide money.
It works most of the time and try to not tell anybody, what i would add is to hide in old things like old pc's etc.
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October 27, 2015, 02:24:20 PM
 #162

Just carry the qr code around with you.

Someone may just think it is a stupid ad if you were to be caught with it.
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October 27, 2015, 02:26:26 PM
 #163

Proxiebuier the last one is interesting,
I used the same thing few years before when i wanted to hide money.
It works most of the time and try to not tell anybody, what i would add is to hide in old things like old pc's etc.

but you must keep it and always pay attention it  Wink
do not let your old goods sold by your mother or father  LOL Cheesy
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October 27, 2015, 08:53:35 PM
 #164

i think the best place to hide the paper wallet is your real life wallet or a safe which no one would know how to unlock

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October 27, 2015, 10:32:04 PM
 #165

if i were you i would hide it in an unbreakable safe as the price of bitcoins might grow a lot in the future and you would have a lot of money on it

 
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October 28, 2015, 01:17:43 AM
 #166

if i were you i would hide it in an unbreakable safe as the price of bitcoins might grow a lot in the future and you would have a lot of money on it

There is no such thing as a "ubreakable safe".  A safety deposit box is best as it has bank security, but yes you pay for it monthly in most cases.

Just like safes are fire resistant, inside they tell exact specs.  But they are not fire proof.   They resist to bad things but are not impossible depending on effort someone put's on it to open it.
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October 28, 2015, 06:29:35 AM
 #167

Take your most favorite hard cover book and cut out the inner layer of the last page. Insert the laminated paper wallet into that space and cover it again, with the piece you cut out. Put this book in your safe or safe deposit box and label it, my favorite book.

People will think you are keeping it for sentimental reasons, but it actually store the treasure. Tell at least 3 close family members about this book and it's content and you will be sorted.  ^hmmm^

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October 28, 2015, 06:09:00 PM
 #168

i think the best place to hide the paper wallet is your real life wallet or a safe which no one would know how to unlock

Unless you have 2 or 3 other backups i would not 'hide' there.
Because the personal real life wallet can be exposed everywhere.
And even while you are sleeping someone that know that you have bitcoins can steal it.
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October 28, 2015, 07:08:24 PM
 #169

i think the best place to hide the paper wallet is your real life wallet or a safe which no one would know how to unlock

Unless you have 2 or 3 other backups i would not 'hide' there.
Because the personal real life wallet can be exposed everywhere.
And even while you are sleeping someone that know that you have bitcoins can steal it.

I think wallet is a pretty bad spot overall.  If someone picks your pocket... and you lose a backup that would suck.  Just not enough security.

I like safes, safty deposit box, something with good security.
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October 28, 2015, 08:26:41 PM
 #170

Just watch this video, awesome idea Smiley
https://www.youtube.com/watch?v=-mmt9JHmKss
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October 29, 2015, 05:29:36 AM
 #171

Just watch this video, awesome idea Smiley
https://www.youtube.com/watch?v=-mmt9JHmKss

Yes very nice idea to hide our wallet papers. But still I need to look for a better one as this one got exposed to everybody. Many be in different countries we can try this. I believe my own idea will suit me better.

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October 29, 2015, 08:33:39 AM
 #172

I do not have much knowledge on pen drive storage. For long term storage we must need SSD. May be cost of buying is high but for a secured next generation saving we must go for SSD (Solid State Disk).

This is completely wrong and i will not suggest anyone to hide your paper wallet in a SSD.
For long term this is not recommended because if SSD has no electricity for a long time, the data inside can be erased.
Try to hide your paper wallet somewhere where you think that nobody will touch, or will have no idea about that place.

you can run your ssd on a different network, or even without any connection, just so it remain active with electricity and all

it would still be a cold storage, last time i've checked could storage mean only off line, not switched off completely

For this case HDD are better rather than SSD,
Because they can stay longer if you don't touch them.
I would suggest the OP to hide the paperwallet inside computer loudspeakers Smiley

Problem with that and many of the other conceal ideas is if there is a fire/act of god.  If you only work on concealment your paper wallet is subject to many things out of your control.

If using one really renting a safty deposit box at a bank is worth it depending on your holdings.  Much more secure and a great place to keep a backup.

I don't know if we should pay any bank fee to save safety a box.
If it is really cheap then why not, but anyways i would make at least 3 backups.
We never now maybe one day banks will be closed and i doubt we can access to our stuff.
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October 29, 2015, 08:46:41 AM
 #173

Just watch this video, awesome idea Smiley
https://www.youtube.com/watch?v=-mmt9JHmKss

nothing so extraordinary, i could do the same with a drawer, there will be the same security

i fail to see how that thing is more secure
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October 29, 2015, 08:50:47 AM
 #174

I do not have much knowledge on pen drive storage. For long term storage we must need SSD. May be cost of buying is high but for a secured next generation saving we must go for SSD (Solid State Disk).

This is completely wrong and i will not suggest anyone to hide your paper wallet in a SSD.
For long term this is not recommended because if SSD has no electricity for a long time, the data inside can be erased.
Try to hide your paper wallet somewhere where you think that nobody will touch, or will have no idea about that place.

you can run your ssd on a different network, or even without any connection, just so it remain active with electricity and all

it would still be a cold storage, last time i've checked could storage mean only off line, not switched off completely

For this case HDD are better rather than SSD,
Because they can stay longer if you don't touch them.
I would suggest the OP to hide the paperwallet inside computer loudspeakers Smiley

Problem with that and many of the other conceal ideas is if there is a fire/act of god.  If you only work on concealment your paper wallet is subject to many things out of your control.

If using one really renting a safty deposit box at a bank is worth it depending on your holdings.  Much more secure and a great place to keep a backup.

I don't know if we should pay any bank fee to save safety a box.
If it is really cheap then why not, but anyways i would make at least 3 backups.
We never now maybe one day banks will be closed and i doubt we can access to our stuff.
Banks have significantly higher security than most places and they probably have fire extinguishing systems. You don't have to be worried about it getting destroyed by fire, etc. You should always keep another backup offsite, preferably at a location further away, in case of natural disasters.  

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October 29, 2015, 09:05:56 AM
 #175

I do not have much knowledge on pen drive storage. For long term storage we must need SSD. May be cost of buying is high but for a secured next generation saving we must go for SSD (Solid State Disk).

This is completely wrong and i will not suggest anyone to hide your paper wallet in a SSD.
For long term this is not recommended because if SSD has no electricity for a long time, the data inside can be erased.
Try to hide your paper wallet somewhere where you think that nobody will touch, or will have no idea about that place.

you can run your ssd on a different network, or even without any connection, just so it remain active with electricity and all

it would still be a cold storage, last time i've checked could storage mean only off line, not switched off completely

For this case HDD are better rather than SSD,
Because they can stay longer if you don't touch them.
I would suggest the OP to hide the paperwallet inside computer loudspeakers Smiley

Problem with that and many of the other conceal ideas is if there is a fire/act of god.  If you only work on concealment your paper wallet is subject to many things out of your control.

If using one really renting a safty deposit box at a bank is worth it depending on your holdings.  Much more secure and a great place to keep a backup.

I don't know if we should pay any bank fee to save safety a box.
If it is really cheap then why not, but anyways i would make at least 3 backups.
We never now maybe one day banks will be closed and i doubt we can access to our stuff.
Banks have significantly higher security than most places and they probably have fire extinguishing systems. You don't have to be worried about it getting destroyed by fire, etc. You should always keep another backup offsite, preferably at a location further away, in case of natural disasters. 

But does it worth if we have to pay daily/monthly or yearly fee.
I am not well informed about these cases. But yeah it is more safe.
As most of rich people store their money in Switzerland i think its the safest place.
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October 29, 2015, 09:09:25 AM
 #176

a good hiding place maybe first put inside a leak proof lunch box like lock & lock, then place inside a fire proof safe like sentry, so no matter what happen (flood, fire, theft) , coins is safe
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October 29, 2015, 10:03:28 AM
 #177

I do not have much knowledge on pen drive storage. For long term storage we must need SSD. May be cost of buying is high but for a secured next generation saving we must go for SSD (Solid State Disk).

This is completely wrong and i will not suggest anyone to hide your paper wallet in a SSD.
For long term this is not recommended because if SSD has no electricity for a long time, the data inside can be erased.
Try to hide your paper wallet somewhere where you think that nobody will touch, or will have no idea about that place.

you can run your ssd on a different network, or even without any connection, just so it remain active with electricity and all

it would still be a cold storage, last time i've checked could storage mean only off line, not switched off completely

For this case HDD are better rather than SSD,
Because they can stay longer if you don't touch them.
I would suggest the OP to hide the paperwallet inside computer loudspeakers Smiley

Problem with that and many of the other conceal ideas is if there is a fire/act of god.  If you only work on concealment your paper wallet is subject to many things out of your control.

If using one really renting a safty deposit box at a bank is worth it depending on your holdings.  Much more secure and a great place to keep a backup.

I don't know if we should pay any bank fee to save safety a box.
If it is really cheap then why not, but anyways i would make at least 3 backups.
We never now maybe one day banks will be closed and i doubt we can access to our stuff.
Banks have significantly higher security than most places and they probably have fire extinguishing systems. You don't have to be worried about it getting destroyed by fire, etc. You should always keep another backup offsite, preferably at a location further away, in case of natural disasters.  

But does it worth if we have to pay daily/monthly or yearly fee.
I am not well informed about these cases. But yeah it is more safe.
As most of rich people store their money in Switzerland i think its the safest place.
In my country, the deposit cost is $71, which is refundable. The smallest one costs 85USD annually which works out to be $0.20 per day. It does cost a tad bit but it would be great for security and gives you the peace of your mind since it has many security features and has protections against disasters. That would be worth it if you have over 10BTC.

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October 29, 2015, 10:44:28 AM
 #178

-snip-
In my country, the deposit cost is $71, which is refundable. The smallest one costs 85USD annually which works out to be $0.20 per day. It does cost a tad bit but it would be great for security and gives you the peace of your mind since it has many security features and has protections against disasters. That would be worth it if you have over 10BTC.

I was thinking that it would be cheap something around 10$
But it is very expensive at least for me and for those who does not have much bitcoin in stock.
Well yeah as you mentioned 10BTC minimum then it would be worthy, anyways thats a good place to hide the paper wallet.
CasioK
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October 29, 2015, 10:54:04 AM
 #179

a good hiding place maybe first put inside a leak proof lunch box like lock & lock, then place inside a fire proof safe like sentry, so no matter what happen (flood, fire, theft) , coins is safe

But setting up fire proof sentry are more costly, instead of spending in those things, we can buy more bitcoin which is good for ourselves as well as for bitcoin community. So we must search for better places to hide our paper wallets.

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October 29, 2015, 11:43:31 AM
 #180

a good hiding place maybe first put inside a leak proof lunch box like lock & lock, then place inside a fire proof safe like sentry, so no matter what happen (flood, fire, theft) , coins is safe

Or you could always laminate the paper to make it stronger against elements.   And also you can store digital copies of them on a USB drive in the fire safe.

I suggest having multiple ways to get it.  You don't want one single point of failure.  If you just have one single paper wallet in safe something happens.... your out of luck.  So multiple things will save this.
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