znickelbackz
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July 15, 2016, 03:51:58 PM |
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don't underestimate human.
Read most of the posts on this forum. It would be very hard to 'underestimate human'. there are a lot of geniuses here, i know. but i'm not talking about them, i'm talking about normal people and normal people shouldn't be underestimate, and don't underestimate our own selves too. if practicing with the right methods and techniques, we all can become geniuses. read the book 'Jerome becomes genius'.
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talkbitcoin
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All I know is that I know nothing.
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July 15, 2016, 04:13:21 PM |
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it is a pretty good idea only if it could be doable. but because of the way a private key looks like (which is a random set of upper case and lower case letters and numbers) it is impossible to remember it.
but if you could somehow find a way to memorize a private key and never forget it even after a few years i think that would be the safest cold storage in the world but the important part is not forgetting it over the years because forgetting even one letter or even misplacing them would cause losing funds.
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RawDog
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July 15, 2016, 04:16:15 PM |
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don't underestimate human.
Read most of the posts on this forum. It would be very hard to 'underestimate human'. there are a lot of geniuses here, i know. but i'm not talking about them, i'm talking about normal people and normal people shouldn't be underestimate, and don't underestimate our own selves too. if practicing with the right methods and techniques, we all can become geniuses. read the book 'Jerome becomes genius'. Any body who thinks you can read a book to become a genius, especially a book titled: "Jerome becomes a genius" will sadly never be a genius. The good news is they might get to spend the remainder of their life thinking they are a genius and that might make them very happy. So, they have that going for them. Ignorance is bliss.
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RawDog
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July 15, 2016, 04:19:19 PM |
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because forgetting even one letter or even misplacing them would cause losing funds.
If you forget one letter - you'll know about which one it is. Like if it is at the beginning or the end. Anyway, you could easily write a script that tries loads of addresses similar with one character variant - and recover your address in about 3 minutes. Not hard at all. Even if you forget about 8 of the characters, VanityGen will be able to try all the combinations in about 1 week. Very easy. If you forget more than about 8 characters, it gets tricky.
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LoyceV
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July 15, 2016, 04:49:49 PM |
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Relying on your memory for a private key sounds to me like a good way to lose your funds. Why would you even want to? You can store a private way in any format you want, anywhere you want. Write it under your car seat, inside your fridge and on a few more locations. Or much easier: get a BIP38 encrypted key, don't bother about keeping the key secure, just keep your password secure. There's a topic somewhere with 1 BTC for whoever guesses the 6 digit code! After a year, nobody guessed it. If you make it 8 random digits, it's still a lot easier to remember than a complete private key, and I expect the chance of someone guessing it to be much less likely than the chance of you forgetting a private key from your memory.
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traderbit
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July 15, 2016, 04:55:42 PM |
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Have u ever attempted to memorize one of ur Bitcoin private keys?
Do u think anyone has ever done this?
Just remembering one's own key to valuable funds.
With Brainwallet seeds I'm sure people have done this.
I love to memorize.
I'm capable of memorizing up to 32 digits by visualization.
~CfA~
I may link them by memorizing the photos and the seed linked on them. I never try to memorize them because the brain is not a safe place to save sensitive data, I even forget how my password is even those that I use every day/week.
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serjent05
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July 15, 2016, 04:59:13 PM |
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Memorizing private key are you kidding me? I might failed onn it if it is an exam lol. Honestly I have a poor memory. I can hardly remember 10 characters. I even have my password written somewhere and always looked at it everytime i am to log in.
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calkob
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July 15, 2016, 05:24:05 PM |
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Not a good idea
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worhiper_-_
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July 17, 2016, 11:59:24 AM |
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Unless the key has some simple memorizable characters it would be So difficult for me that it would be better if you gave me Dark souls 3 in the top difficulty. I suck at memorizing . maybe i could remember around 12 -14 digits but not sure about the whole key . it would be fun to try tho. also , even if i knew my key without looking, i would still look just to be safe .
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RoommateAgreement
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July 17, 2016, 12:23:55 PM |
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Unless the key has some simple memorizable characters it would be So difficult for me that it would be better if you gave me Dark souls 3 in the top difficulty. I suck at memorizing . maybe i could remember around 12 -14 digits but not sure about the whole key . it would be fun to try tho. also , even if i knew my key without looking, i would still look just to be safe .
it is not just about being able to memorize the private keys (which is impossible by the way) but the important part is to make sure you won't forget it over time. because human memory works in a unique way, you may memorize something now but a month from now you will forget some details about it for sure.
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Buying the dip...
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Strongkored
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July 17, 2016, 12:59:32 PM |
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Memorizing private key are you kidding me? I might failed onn it if it is an exam lol. Honestly I have a poor memory. I can hardly remember 10 characters. I even have my password written somewhere and always looked at it everytime i am to log in.
haha, same as me. I also would have difficulty if must memorize the private key But if bitcoin private key can we change as we would like perhaps this can be done easily, but I think this is not possible.
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cpfreeplz
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July 17, 2016, 01:20:45 PM |
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Put your mom's birthday in there! Put anything you want in there. 1214890000000000000000000000000000000000000000101010101010101010 ...is also a private key.
Ahhhhhh it all makes sense now. You mom was born December 14th 1989. Let's say she had you when she was 16 (because obviously you have a terrible life which made you angry at the world so that would make sense). That would make you born in the end of 2005 or in 2006. So you're about 10 or 11 years old. It all comes together RawDog. Did mommy give you enough allowance to buy another bitcointalk account soon? This one's all negged up because of your pre-teen angst.
I would never try to memorize a private key mainly because I'd only use it for one transaction then it's useless. If you have a photographic memory you're golden but otherwise us normal people will just encrypt our wallets.
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Wind_FURY
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July 17, 2016, 01:40:07 PM |
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Have u ever attempted to memorize one of ur Bitcoin private keys?
Do u think anyone has ever done this?
Just remembering one's own key to valuable funds.
With Brainwallet seeds I'm sure people have done this.
I love to memorize.
I'm capable of memorizing up to 32 digits by visualization.
~CfA~
I don't think I would have the confidence to trust myself in memorizing my private keys and use that as my only back up. I'm sure most of you don't too. Especially if your wallet has a large amount in it.
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Nimbulan
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July 17, 2016, 01:43:33 PM |
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Not a good idea of course that it not a good idea to do that in my opinion, you can easily forget it and then all your bitcoins would be lost, i think it is better to just print the paper wallet
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a7mos
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July 17, 2016, 01:52:01 PM |
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I have never thought about memorizing a private key. what is the benefit from doing so ? I can simply write it down on papers as many as it is comfortable for me and store them in different secure places.
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Lucius
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July 17, 2016, 01:57:02 PM |
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There are people who have a photographic memory,they see something and remember that.But most of people will probably write private key and put it in a safe place.Even if you remember private key this is not forever,memories fade with time so that constant reminder is needed. If I try to memorize private key I divided it into several parts and tried memorize each separately and then I put them all together
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wikenpp
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July 17, 2016, 01:58:18 PM |
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I have never thought about memorizing a private key. what is the benefit from doing so ? I can simply write it down on papers as many as it is comfortable for me and store them in different secure places.
The benefit off course is that you are less vulnerable since you won't have to store it on a device. Hackers can hack any device, but they can't hack your brain. But i found a good way to by pass it. I have divided my passphrase in 3 elements and store it on 3 different devices So in times I need it, hackers need to hack all 3 to get my private key which is nearly impossible since 1 is offline always.
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LoyceV
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July 17, 2016, 02:04:57 PM |
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But i found a good way to by pass it. I have divided my passphrase in 3 elements and store it on 3 different devices So in times I need it, hackers need to hack all 3 to get my private key which is nearly impossible since 1 is offline always.
Did you also create 3 different backups? Now you have 3 points of failure: if you lose/break one of the devices, your private key is inaccessible.
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fravia
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July 17, 2016, 02:08:36 PM |
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I've never thought about it, but it sure is interesting. I'm not good at memorizing that many characters so I will not ever do that. Also, I would still write it down in case I forgot.
yeah, it is a really interesting idea in my opinion, i will surely try it out when i will have some time with small amount of bitcoins, though i think it will be a hard thing to do
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HarryKPeters
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July 17, 2016, 02:29:10 PM |
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I've never thought about it, but it sure is interesting. I'm not good at memorizing that many characters so I will not ever do that. Also, I would still write it down in case I forgot.
yeah, it is a really interesting idea in my opinion, i will surely try it out when i will have some time with small amount of bitcoins, though i think it will be a hard thing to do Rather then to store in on computer store it on a piece of paper. It's not very likey a hacker will ever be able to see that piece of paper. So in time of a hack you are still safe.
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