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bamboylee
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May 24, 2016, 10:16:14 AM |
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I do not believe in the story but if it is true, good luck to OP. I hope he will still recover his bitcoin after 20 years and the usb are not working anymore because of corrosion. And i hope it make it thru the hard times ahead being broke and find some money to survive all the years ahead.
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Labumi
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May 24, 2016, 10:49:42 AM |
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Something that is very harmful, because this is one of the disadvantages of Offline storage. For if we do the improper storage, then we could be like the OP he lost much of the BTC just because the stuff is no good.
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sbtctalk
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May 26, 2016, 06:11:45 PM |
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Did OP write his keys in a slip of paper and secure it in a air tight bag? There's a discussion that usb storage has to be powered sporadically else data will be lost.
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13Sk3gsQ1ogrzmyt3xMVvByxcUvZr98kKN
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BitcoinPenny
aka CJBianco
Legendary
 Offline
Activity: 2672
Merit: 2203
BitcoinPenny.com
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May 26, 2016, 07:55:44 PM |
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i think it's 99% impossible for someone to know who i am or where i live,
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n0ne
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May 27, 2016, 03:44:02 AM |
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Something that is very harmful, because this is one of the disadvantages of Offline storage. For if we do the improper storage, then we could be like the OP he lost much of the BTC just because the stuff is no good.
Also he should have kept an alternate as its a huge amount else he could have stored as small portions. The mistake is upon the user. |
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mki8
Member
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Activity: 98
Merit: 10
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May 27, 2016, 05:10:46 AM |
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Well, assuming you actually followed through with this, you are either incredibly confident or incredibly stupid.
I'm not saying it is necessarily a bad investment, but you must be very confident in the future of Bitcoin and its ability to maintain value over long periods of time. $2300 USD is a fairly large investment, and I hope that you pay attention to the market and play it right so you can make some money off of it.
Good luck with your investment.
just shows the type of people using this forum, $2300 is a tiny investment if he wants to earn a decent amount BTC would need to fly past pluto for him to earn anything considerable |
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mki8
Member
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Activity: 98
Merit: 10
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May 27, 2016, 05:15:12 AM |
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Did OP write his keys in a slip of paper and secure it in a air tight bag? There's a discussion that usb storage has to be powered sporadically else data will be lost.
should make a paper wallet and laminate it at least twice, then dip that in wax or something similar that will seal it then seal in a bag, then in plastic airtight container with some silica gel or he could just make a paper wallet and stck it behind a picture in the home. but USB sticks or memory cards are awful to store anything, just think back how many usb sticks you have had that have failed at one point or another |
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crazyivan
Legendary
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Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
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May 27, 2016, 05:32:05 AM |
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About u being broke, well, the price WILL go up quite soon so your investment will be sound.
About u placing BTC in your backyard, DUDE, this 2016, there are normal solutions for cold storage.
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dippididodaday
Sr. Member
Offline
Activity: 441
Merit: 278
It's personal
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May 27, 2016, 05:38:14 AM |
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should make a paper wallet and laminate it at least twice,
then dip that in wax or something similar that will seal it
then seal in a bag, then in plastic airtight container with some silica gel
or he could just make a paper wallet and stck it behind a picture in the home.
but USB sticks or memory cards are awful to store anything,
just think back how many usb sticks you have had that have failed at one point or another
The seal part you are describing sounds quite thorough I have to say, but if he stick it behind a pic and a robber breaks in house and steals the picture the wallet is lost too. A Vault is a good solution imo. |
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Viscore
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May 27, 2016, 07:50:22 AM |
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should make a paper wallet and laminate it at least twice,
then dip that in wax or something similar that will seal it
then seal in a bag, then in plastic airtight container with some silica gel
or he could just make a paper wallet and stck it behind a picture in the home.
but USB sticks or memory cards are awful to store anything,
just think back how many usb sticks you have had that have failed at one point or another
The seal part you are describing sounds quite thorough I have to say, but if he stick it behind a pic and a robber breaks in house and steals the picture the wallet is lost too. A Vault is a good solution imo. As long as he has a very strong password to protect the file, he can store it in many email boxes. |
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sbtctalk
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May 28, 2016, 07:57:21 AM |
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About u being broke, well, the price WILL go up quite soon so your investment will be sound.
About u placing BTC in your backyard, DUDE, this 2016, there are normal solutions for cold storage.
I think OP was just having some fun. He boldly shared his experience and kept every one here entertained. |
13Sk3gsQ1ogrzmyt3xMVvByxcUvZr98kKN
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ObscureBean
Legendary
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Activity: 1148
Merit: 1000
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May 28, 2016, 08:35:04 AM |
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There was a discussion on here no so long ago about keeping private keys on USB sticks. I think most people agreed that it was not a viable/safe option for the long term (10 years or more) as apparently it is possible that you lose data after some time.
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saiha
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May 28, 2016, 08:52:33 AM |
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About u being broke, well, the price WILL go up quite soon so your investment will be sound.
About u placing BTC in your backyard, DUDE, this 2016, there are normal solutions for cold storage.
I think OP was just having some fun. He boldly shared his experience and kept every one here entertained. Yes op is just giving his cent on his experience on spending all his savings on bitcoin but something happened that made him broke. This is a good thing for us, so that things in future like this we can prevent it. |
Vires in Numeris
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bitdumper
Sr. Member
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Activity: 266
Merit: 250
One world One currency, Bitcoin.
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May 28, 2016, 09:11:09 AM |
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I think you got your intrest on saving more than bank you bought at 460 and it is now 490. 6.5% in a month congrats.
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Evintiman
Newbie
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Activity: 26
Merit: 0
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May 29, 2016, 03:12:58 PM |
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I think you got your intrest on saving more than bank you bought at 460 and it is now 490. 6.5% in a month congrats.
I think you should hold most of your coins for the long term. You might use some to make your life better. |
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salmanahmedone
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May 29, 2016, 03:22:22 PM |
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I think you got your intrest on saving more than bank you bought at 460 and it is now 490. 6.5% in a month congrats.
Bank dont provide high Interest rates. As compared to this, bitcoin prices rises too quick that you can earn more profit, if you use it as a mode of investment rather than relying on the low interest rates which banks offer. Only thing is that you have to be careful with your wallet, as if your are careless than you can have same trouble as OP has told here before. |
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sbtctalk
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May 30, 2016, 05:55:42 AM |
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OP can dig up his bitcoins now.
Lol.
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13Sk3gsQ1ogrzmyt3xMVvByxcUvZr98kKN
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npredtorch
Legendary
Offline
Activity: 1246
Merit: 1049
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May 30, 2016, 06:15:22 AM |
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OP can dig up his bitcoins now.
Lol.
No , not yet . It is better to dig it up after the price reach as far as like $800. It is not impossible, just wait and see. Keep calm and wait for the Bitcoin price to spike before the end of 2016. You'll not be broken OP, for sure you will be COMPLETE . |
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saiha
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May 30, 2016, 06:49:16 AM |
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OP can dig up his bitcoins now.
Lol.
No , not yet . It is better to dig it up after the price reach as far as like $800. It is not impossible, just wait and see. Keep calm and wait for the Bitcoin price to spike before the end of 2016. You'll not be broken OP, for sure you will be COMPLETE . Yeah I agree this is not the right time to dig up his bitcoins, needs to wait for time for the halving. Or even better dig up after the halving. Op has been broken by bitcoin and bitcoin will fix again your broken feeling op.  |
Vires in Numeris
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bitwhispers
Newbie
Offline
Activity: 31
Merit: 0
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May 30, 2016, 06:50:17 AM |
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OP can dig up his bitcoins now.
Lol.
No , not yet . It is better to dig it up after the price reach as far as like $800. It is not impossible, just wait and see. Keep calm and wait for the Bitcoin price to spike before the end of 2016. You'll not be broken OP, for sure you will be COMPLETE . Yeah I agree this is not the right time to dig up his bitcoins, needs to wait for time for the halving. Or even better dig up after the halving. Op has been broken by bitcoin and bitcoin will fix again your broken feeling op. Keep for 25 years. |
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