DonQuijote
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Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
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May 10, 2017, 04:05:25 PM |
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flash crash activated?
You should stop watching the 1m chart if you are so sensible to minuscule movements lol He should be noob
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BitcoinNewsMagazine
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Activity: 1806
Merit: 1164
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May 10, 2017, 04:29:07 PM |
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Ok. I'll admit yours is better advice. I'm just not into hardware wallets for now. (My computer is essentially a large hardware wallet; but that's another story.) you can't trust your phone or your computer. I don't trust anything. A guy using the official wallet with passphrase protection lost 16 bitcoin to malware last week posted on reddit. I see these posts more often now. I can appreciate the reasons to run a full node but security of your bitcoin is not one of them until Bitcoin Core supports hardware wallets. Sure you can use Armory cold storage but that is not very convenient.
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Dabs
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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May 10, 2017, 04:41:09 PM |
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A guy using the official wallet with passphrase protection lost 16 bitcoin to malware last week posted on reddit. I see these posts more often now. I can appreciate the reasons to run a full node but security of your bitcoin is not one of them until Bitcoin Core supports hardware wallets. Sure you can use Armory cold storage but that is not very convenient. Not to sound negative about that guy's losses, but he probably did something else wrong that's not in the story, or that he's not aware of.
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B1tUnl0ck3r
Sr. Member
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Activity: 854
Merit: 277
liife threw a tempest at you? be a coconut !
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May 10, 2017, 05:22:13 PM |
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I little bit more time to fix some longs, and it will be fired... or not... someone may drop it first .
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Denker
Legendary
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Activity: 1442
Merit: 1016
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May 10, 2017, 05:25:53 PM |
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$1786 on Stamp. Does anybody else feel this is going too fast? I wouldn't mind a period of consolidation for a bit now.
Sideways please.
Yes some consolidation is what I would prefer now too. We reached the upper trendline of the actual channel in log scale. So a bit of a cool down or some sideways movement is really appreciated before we it's getting too hot and therefore bubbly what I would like to avoid.
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bartolo
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May 10, 2017, 05:39:16 PM |
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The interesting thing is that there is a real demand behind this scale and this demand will keep existing in next weeks. Sure there will be some corrections, dips and all the stuff but I wouldn´t be surprised if this rise lasted a few more days.
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Holliday
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Activity: 1120
Merit: 1012
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May 10, 2017, 05:43:38 PM |
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Sure you can use Armory cold storage but that is not very convenient.
Convenience is relative. Is it a slight inconvenience taking 10 minutes of my precious time using Armory to sign an offline transaction? I guess. ...but it's far, far more convenient than accidentally all my coins to malware.
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Colonel Panic
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Activity: 110
Merit: 26
I do not have a Telegram or Skype account.
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May 10, 2017, 05:45:36 PM |
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Ok. I'll admit yours is better advice. I'm just not into hardware wallets for now. (My computer is essentially a large hardware wallet; but that's another story.) you can't trust your phone or your computer. I don't trust anything. A guy using the official wallet with passphrase protection lost 16 bitcoin to malware last week posted on reddit. I see these posts more often now. I can appreciate the reasons to run a full node but security of your bitcoin is not one of them until Bitcoin Core supports hardware wallets. Sure you can use Armory cold storage but that is not very convenient. Armory still the best. Rewards the effort with unbeaten security and subtlety like coin control. Master seed can be split onto two stamped steel plates then stored in separate bank vaults in two different jurisdictions.
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rjclarke2000
Legendary
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Activity: 1358
Merit: 1016
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May 10, 2017, 05:59:23 PM |
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What's the downside of paper wallets then?
Edit. As a hodler
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gentlemand
Legendary
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Activity: 2590
Merit: 3014
Welt Am Draht
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May 10, 2017, 06:04:26 PM |
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What's the downside of paper wallets then?
Edit. As a hodler
The creation of them primarily. Unless you're diligent enough then you might be compromised when making them but there are enough tutorials to prevent that.
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leowonderful
Legendary
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Activity: 1624
Merit: 1130
Bitcoin FTW!
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May 10, 2017, 06:08:51 PM |
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What's the downside of paper wallets then?
Edit. As a hodler
Almost none. If you have the patience and the right spot to put them in they're the most secure way to store coins. The fact that they can easily be damaged is avoided if you keep it in a very cool, dark spot like a locked desk. None of the malware shit and also very good looking and presentable if you print a good design
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tk3609
Member
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Activity: 70
Merit: 10
Small trader
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May 10, 2017, 06:11:14 PM |
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What's the downside of paper wallets then?
Edit. As a hodler
Flood. Jokes aside pretty much none, I have mine laminated buried under my favorite apple tree.
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gentlemand
Legendary
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Activity: 2590
Merit: 3014
Welt Am Draht
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May 10, 2017, 06:17:49 PM |
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Flood.
Jokes aside pretty much none, I have mine laminated buried under my favorite apple tree.
Do you own said tree? Some weirdo might take a fancy to it and decide to steal it during the night. Your wallet might be unearthed during the theft.
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tk3609
Member
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Activity: 70
Merit: 10
Small trader
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May 10, 2017, 06:25:38 PM |
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Flood.
Jokes aside pretty much none, I have mine laminated buried under my favorite apple tree.
Do you own said tree? Some weirdo might take a fancy to it and decide to steal it during the night. Your wallet might be unearthed during the theft. Its on my family's land, its an old tree broken by thunder in half, planted by my great grandfather. No one will ever cut it, since it gives the best green apples.
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CoinCube
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Activity: 1946
Merit: 1055
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May 10, 2017, 06:28:50 PM |
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Flood.
Jokes aside pretty much none, I have mine laminated buried under my favorite apple tree.
Do you own said tree? Some weirdo might take a fancy to it and decide to steal it during the night. Your wallet might be unearthed during the theft. It is a mistake to publicly share details like this. It increases the chance of theft.
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gentlemand
Legendary
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Activity: 2590
Merit: 3014
Welt Am Draht
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May 10, 2017, 06:31:27 PM |
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It is a mistake to publicly share details like this. It increases the chance of theft.
I'm sure he knows what he's doing. It's probably a peach tree that was hit by an airliner and it's on his aunt's land. Misdirection is the first line of protection.
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Syke
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Activity: 3878
Merit: 1193
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May 10, 2017, 06:32:51 PM |
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Almost none. If you have the patience and the right spot to put them in they're the most secure way to store coins. The fact that they can easily be damaged is avoided if you keep it in a very cool, dark spot like a locked desk. None of the malware shit and also very good looking and presentable if you print a good design Mine was printed on a laser printer, stuffed in a waterproof baggie, put in a waterproof pelican case, stored in a fireproof safe.
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cmacwiz
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May 10, 2017, 06:39:58 PM |
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Mine was printed on a laser printer, stuffed in a waterproof baggie, put in a waterproof pelican case, stored in a fireproof safe.
what's your address?
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gembitz
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May 10, 2017, 06:57:05 PM |
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George Washington -- I cannot tell a lie ...! :-D $2017 weeeeeee
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