Storing coins

[notlist3d]

Anyone use the pi-wallet based on Raspberry PI ? The "build-your-own" one ?

Stupid question :
If you use Paper Wallet for offline storage, do you make a paper backup (ex. with Armory) and then delete the soft wallet ?
Or there is another method to make a paper wallet ?

there are ways to make only a paper wallet like using bitadress.org
https://en.bitcoin.it/wiki/Paper_wallet#Creation_of_a_paper_wallet

but generally paper wallet is a bitcoin private key created on an offline, secure system and then printed on a piece of paper. so you can use any code that you like as long as they are safe.

Paper wallets are great if used right they can be done very secure.  If you are going to use it alot they are not really what you want for storage.  One thing I don't think I see enough is once you import that paper wallet you kinda lose the security of it being offline even if deleted after.  As if computer is infected or such ... the private key could be compromised.

I would almost suggest making a few paper wallets at once when you know 100 percent it's secure and keep some paper wallets even if there is no money on them.  That way after you import to spend you can send to next paperwallet which private key was not imported.  It is more secure and some might see it as to much and being to overprotective.

[JakeRTFM]

If you will mostly receive transactions and not sending coin. Can you use an offline secure paper file adresse ? Or you will have to open it online to see the transactions you receive ?

[Daffadile]

Simple.

A paper wallet. Also know as "cold storage"

[outatime1]

Probably the best way is on an offline wallet. Be sure to keep you private keys in a safe place and don't lose them or let anyone else have access to them.

[notlist3d]

Probably the best way is on an offline wallet. Be sure to keep you private keys in a safe place and don't lose them or let anyone else have access to them.

I know some think this is overboard but you can get a safety deposit box at banks if your in US for pretty cheap.   And with it being paper you can get a smaller box which again makes it pretty cheap per year.  So it's possible to get bank level security for a cold wallet.

You can even change a character or two on your paper wallet stored that only you know  where even if others see it they don't know what numbers you changed.  (Depends on paper wallet if it has a QR code obviously changing a character in private key  would do nothing).  But lot's of creative ideas out there to keep them safe.

[xht]

Which one is the safest way to store bitcoins? I often hear that becomes thefts. I guess some of them are not heard even.

I think online wallet is still safe to use if you are using a special computer just to open an online wallet and is certainly to be equipped with other added security.

[BitcoinSupremo]

Which one is the safest way to store bitcoins? I often hear that becomes thefts. I guess some of them are not heard even.

I think online wallet is still safe to use if you are using a special computer just to open an online wallet and is certainly to be equipped with other added security.

Online wallet is never safe as you are relying on third party to make your bitcoin transactions and to hold your bitcoins for you. They can be hacked any day, their database and your private keys gone even if you have your computer with top security. Second best are desktop wallets like Electrum in which private keys are stored on your PC and you are in charge. Ultimate security is a hardware wallet like Trezor or Ledger.
Stay clear of online wallets.

[cor]

Which one is the safest way to store bitcoins? I often hear that becomes thefts. I guess some of them are not heard even.

I think online wallet is still safe to use if you are using a special computer just to open an online wallet and is certainly to be equipped with other added security.

Online wallet is never safe as you are relying on third party to make your bitcoin transactions and to hold your bitcoins for you. They can be hacked any day, their database and your private keys gone even if you have your computer with top security. Second best are desktop wallets like Electrum in which private keys are stored on your PC and you are in charge. Ultimate security is a hardware wallet like Trezor or Ledger.
Stay clear of online wallets.

I can only agree, I see online wallets as a good thing only providing they support Trezor - so I can keep the private keys in my hands and use the web wallet as an interface to the blockchain.  An example of a good web wallet is myTrezor.com or Copay.

[Golfimbul]

Which one is the safest way to store bitcoins? I often hear that becomes thefts. I guess some of them are not heard even.

I think online wallet is still safe to use if you are using a special computer just to open an online wallet and is certainly to be equipped with other added security.

what do you mean with special computer? is that a computer which don't have any virus or resistant or what?

[notlist3d]

Which one is the safest way to store bitcoins? I often hear that becomes thefts. I guess some of them are not heard even.

I think online wallet is still safe to use if you are using a special computer just to open an online wallet and is certainly to be equipped with other added security.

what do you mean with special computer? is that a computer which don't have any virus or resistant or what?

I'm not sure on special computer guessing he means less possibility of security issues.  For example if you really want a paper wallet without worry you can go all the way to starting with clean OS and updating it, get anti-virus/anti-malware software and update, then make a wallet.  

I have computers I play with that even though it sounds like a lot as long as you don't mind blowing away computer not that bad.   And it provides a much more secure computer then one that's been surfing the web/downloads.

Hardware wallets done properly are easier in my mind.  But paper wallets are free so many love them as hard to beat the price.