[...I think that you are trivializing the risk @sirazimuth....
I am indeed. I've calculated it even. Also I bought a Powerball ticket because I'm gonna win a billion dollars doncha know!
Yes.. I know a lot of no coiners who buy those kinds of lottery tickets, and I suppose that I am not really against buying them, so long as you have your bitcoin game sufficiently in place, first.
...I would also hate for you to lose your coins that are on your Ledger....
You would? Can I call you for moral support when I get hacked so I can get a warm fuzzy? That would be awesome and make my life all better again.
Whatever you do, you have to be able to sustain yourself. i am not sure if anyone here would be willing to bail you out... ..
Anyhow, I would not be able to commit in advance.. and don't get me wrong.. sometimes i do attempt to help people out who make mistakes. .. but I am just saying that you cannot really count on that.. when push comes to shove.. so that is part of the reason that you have to make sure that you are not taking unnecessary risks...
Have you weighed the Trezor versus the ledger?
I have no really clue regarding how many coins you are securing (or how much value), and I don't claim to be any kind of an expert.. but the Ledger does seem to be problematic for the reasons already described/outlined by me and the green avatar guy
(no homo).
..... so hopefully, you will think about your coins and not end up becoming a loser due to your own willingness to trust in a place in which a pretty obvious flaw has been pointed out....
I've thought about my mined coins a lot these past few years, that's what paid for a nice garage addition to my house.
None of us are claiming any insider jobs so far regarding the Ledger - but I am not even claiming to have been looking into any claims - except of course, many of us heard about their data leak.. but that could happen to any company and it does not necessarily have to do with the centralization issues regarding the lack of open source of the secure element.
......Now if you have less than $20k in value held on keys on that device,..........
Ha! You really think I will confirm or deny that?
I don't really want you to breach any of your OPsec, and since we are in a public thread (and even addressing you too as an audience), I just wanted to describe some kind of a threshold value.. that might make a difference, of course, in the west $20k is not even that large of an amount if we are talking about entry-level fuck you status being referenced at $2million... .nonetheless, I am still trying to suggest that if you are securing larger amounts of value, then it is likely more important to spend more on security of those coins... or at least to put more efforts into it.. so I don't even want to breach your OPsec or even for you to admit if your BTC might be stored over multiple devices (locations), but if they are all on Ledgers, then that still would not take care of the centralization issue that seems to be a valid concern of some of the guys here (and I doubt that it is just me and the green avatar guy).. and hey I know that some folks (such as Jimbo) do not even believe in hardware devices because they believe them to be too potentially vulnerable... and that is not necessarily an invalid school of thought even though there can be some usability issues with the paper wallets, too.
How about this.... I sold all my coins like mindrust did, except I got a better price. .....No I didn't actually... but I might have...I might still be hodling .... lol
This seems to be a side point... and I doubt any of us necessarily want to know too much about your security specifics, but you kind of asked for a bit of a beating when you were poo pooing the centralization issues that come from non-open source systems.. and I am not even claiming to know enough about some of the trade offs - except I surely would question putting either large sums of money (whatever that is for you) or large portions of my stash onto such a device.. even though peeps to agree to like that particular device for shitcoins, which should not contribute to reassurance regarding wanting to use if for sufficient/meaningful sized stashes of cornz.. .
..... singing bad songs .
I love playing guitar and singing/writing/recording bad songs because you and most normies cant even dream about doing that, so don't be jealous bro, lol
I was ONLY suggesting that you might not be in the mood to sing your songs - whether a little bad or real bad, if you were to lose all your cornz because of keeping all of them on that problematic device (if you happen to be doing that).. I am not trying to pick on you for the mere sake of it..
You just made my day ..I will continue doing me because I am indeed a dumb ass. Love ya bro!
Of course, each of us has full and complete discretion regarding how or if we accumulate BTC, how we maintain our stash and the extent to which we liquidate them, and also what risk management we employ. I will have to pray (not gay) for you, even though I am not religious...
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