I'm cashing out...

[Richy_T]

To a paper wallet. It's insane that my cellphone is worth more than my car.

[1714056529]

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[1714056529]

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[1714056529]

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[cdb000]

My netbook is worth more than my house.

Advice, if I may: Make more than 1 copy of that paper wallet.
Keep them in different buildings. A fire could give you a really bad day.

[WikileaksDude]

My netbook is worth more than my house.

Advice, if I may: Make more than 1 copy of that paper wallet.
Keep them in different buildings. A fire could give you a really bad day.

What about a bank?

Whats the quote to have a personal bank safe?

[yokosan]

My netbook is worth more than my house.

Advice, if I may: Make more than 1 copy of that paper wallet.
Keep them in different buildings. A fire could give you a really bad day.

What about a bank?

Whats the quote to have a personal bank safe?

I can't be the only one that finds the idea of storing your private keys in a bank hilarious?

[chrsjrcj]

My netbook is worth more than my house.

Advice, if I may: Make more than 1 copy of that paper wallet.
Keep them in different buildings. A fire could give you a really bad day.

What about a bank?

Whats the quote to have a personal bank safe?

Safe deposit boxes are usually around $30 a year, but you have no access to it when the bank is closed.

[John (John K.)]

My netbook is worth more than my house.

Advice, if I may: Make more than 1 copy of that paper wallet.
Keep them in different buildings. A fire could give you a really bad day.

What about a bank?

Whats the quote to have a personal bank safe?

I can't be the only one that finds the idea of storing your private keys in a bank hilarious?

No, it isn't hilarious at all. Especially when you come back home to see your house burnt down and the fire safe's contents burnt to a crisp.

[cdb000]

Safe deposit boxes are usually around $30 a year, but you have no access to it when the bank is closed.

Not necessarily a problem as the bank vault copy is only a backup for house-burned-to-the-ground type situations.

[nwbitcoin]

Brain Wallet is the answer!

[Dacm4n]

Safe deposit boxes are usually around $30 a year, but you have no access to it when the bank is closed.

Not necessarily a problem as the bank vault copy is only a backup for house-burned-to-the-ground type situations.

Yea it's good for a backup but not wise to to put your only copy there.

[Richy_T]

To a paper wallet. It's insane that my cellphone is worth more than my car.

+1

I keep only 0.5 BTC on my phone for kicks! hahahaha

I've enjoyed watching the "Currently valued at" go up but it would be somewhat painful to lose that much now.

I wish there was a more fireproof way. I have a couple of ideas but they would be too expensive for a one-off and it's not really something you could do as a service.

[yucca]

My netbook is worth more than my house.

Advice, if I may: Make more than 1 copy of that paper wallet.
Keep them in different buildings. A fire could give you a really bad day.

just an idea: perhaps a thin stainless steel sheet on which you could hand engrave (matbe even scratch with tungsten drill tip) or stamp the info might be in order. such sheet can be bought from hardware stores.

or if youre worried about metal detectors, maybe some clay tablet in a plastic drainpipe with endcaps that you bury somewhere.

perhaps in the far future some lucky people might find bitcoin stashes that used to belong to reclusive hermit miners that are worth the value of a nice small tropical island.

[oakpacific]

To a paper wallet. It's insane that my cellphone is worth more than my car.

+1

I keep only 0.5 BTC on my phone for kicks! hahahaha

I've enjoyed watching the "Currently valued at" go up but it would be somewhat painful to lose that much now.

I wish there was a more fireproof way. I have a couple of ideas but they would be too expensive for a one-off and it's not really something you could do as a service.

Try etching that on a ring, leave out several digits which you will only store in your brain.

[Richy_T]

My netbook is worth more than my house.

Advice, if I may: Make more than 1 copy of that paper wallet.
Keep them in different buildings. A fire could give you a really bad day.

just an idea: perhaps a thin stainless steel sheet on which you could hand engrave (matbe even scratch with tungsten drill tip) or stamp the info might be in order. such sheet can be bought from hardware stores.

or if youre worried about metal detectors, maybe some clay tablet in a plastic drainpipe with endcaps that you bury somewhere.

perhaps in the far future some lucky people might find bitcoin stashes that used to belong to reclusive hermit miners that are worth the value of a nice small tropical island.

I guess you could use one of those dog-tag engravers at wal-mart. Might have to stretch the wallet over several of them though

Would people actually trust a service which engraved and mailed wallets? The trust would be about the same level as Casascius coins but the coins typically only hold 1BTC and are more curios than live wallets. It would be quite a risk. Maybe if there was a way to two-factor them (hmm, I think Casascius was talking about that for his coins so...)

[WikileaksDude]

Brain Wallet is the answer!

talking about this?

http://brainwallet.org/

[byronbb]

Keep a copy in the freezer. But ya safety deposit box not a bad idea.

[Tirapon]

My netbook is worth more than my house.

Advice, if I may: Make more than 1 copy of that paper wallet.
Keep them in different buildings. A fire could give you a really bad day.

just an idea: perhaps a thin stainless steel sheet on which you could hand engrave (matbe even scratch with tungsten drill tip) or stamp the info might be in order. such sheet can be bought from hardware stores.

or if youre worried about metal detectors, maybe some clay tablet in a plastic drainpipe with endcaps that you bury somewhere.

perhaps in the far future some lucky people might find bitcoin stashes that used to belong to reclusive hermit miners that are worth the value of a nice small tropical island.

I guess you could use one of those dog-tag engravers at wal-mart. Might have to stretch the wallet over several of them though

Would people actually trust a service which engraved and mailed wallets? The trust would be about the same level as Casascius coins but the coins typically only hold 1BTC and are more curios than live wallets. It would be quite a risk. Maybe if there was a way to two-factor them (hmm, I think Casascius was talking about that for his coins so...)

Take the contents of your paper wallet and encrypt it, then get that engraved. Now you just have to remember the encryption key. When you want to restore your wallet enter the encrypted data and decrypt. This way you don't have to trust a third party with you private key.

[Newscastix]

Basically i like the paper wallet idea... but it can get destroyed, lost, etc.

And brain wallets "can" get hacked since its a meorable phrase and not totally random....

Maybe its just me... but i'd go for the virtual brain wallet:

take the private key and hide it in several locations on/offline.. hide it within a wall of random text in within any normal file, added to the file itself with a hex editor... within in an image file.. within a text file that contains thousands of lines of random characters and only you know where the key begins... and where it ends... if you can't memorize, store that information in a different location.. as hint.. not in plain text....

Now take that document.. store it on several computers you own, and usb stick that you can store at a freinds house AND in several online lockers,,, mega, dropbox, google docs....

Now your house can burn down.. your whole city can be nuked.. all your computers seized and searched.... and still no one can get your coins... 

[Newscastix]

The more you replicate your private key, the higher the chances of someone getting a hold of it.
Also, you should be as careful as the amount of BTC you're trying to protect.
If we are talking about let's say 10-20 BTC then I'm sure you'd be ok with a paper wallet...
If we are talking 100-1000+ BTC, then we are talking decent money there and more measures need to be adopted.

what measures would you take ? first you would have to find the file in which i'm hiding my key.

My C drive has 120k files on it. and even if you find the one file.. there might be hundreds of pages of random text hidden inside it with no gaps... and you only see them if you open the file with a hex editor... otherwise its just some random office document or .dll file on your system... 

[smoothie]

Brain Wallet is the answer!

well I guess that solves the issue of them burning your brain eh? 

[jubalix]

To a paper wallet. It's insane that my cellphone is worth more than my car.

why don't people keep multiple trucrpt files around the web with PDF's in them?

scatter a few round several email addresses, dropbox etc etc etc, USB, HD's,

you can never loose them that way