Storing wallet away for 5 to 10 years.

[SimonZed]

Thanks everyone for your replies!!

Well, I already have 3 copies on 3 different cloud services providers, a copy on a usb key and I still have to do the CD Copy. Ill make one for me and give one to a relative. I guess this way it should be safe.....

Gonna go shop for a yatch now.... ;-D

SZ

[jasondrey13]

Topic: Storing wallet away for 5 to 10 years.

Don't forget where you leave it. Anyone read that story of the person who had 4,600 BitCoin from back in 2011, put on flash drive, forgot about it, remembered he had it during the recent April BitCoin boom, but lost it? Will try to find link.

Is there any way to determine how much Bitcoin has been orphaned like this?

[Malawi]

Just to be clear - I was not thinking of a paper wallet as in made out of paper. I was thinking that he should engrave the code to metal or glass instead of having it on paper.

Unless you have a machine to do that yourself, you have to give the keys to someone to engrave. If they know what the codes mean, you just gave them your wallet.

It's a pretty easy task with a dremmel or similar tool. No problem doing it yourself.

[BitshireHashaway]

Topic: Storing wallet away for 5 to 10 years.

Don't forget where you leave it. Anyone read that story of the person who had 4,600 BitCoin from back in 2011, put on flash drive, forgot about it, remembered he had it during the recent April BitCoin boom, but lost it? Will try to find link.

That would such. O'well he probably did not spend more than a few thousand dollars to acquire those BitCoins so it is a descent amount lost but not too much. That sux though I would love to have over $1m in BTC ;p

[BitshireHashaway]

Lol this seems like a good idea actually, I'm tempted to buy a few BTC and do just that with them. I think that over the years it would be interesting to see what happens. Make sure to keep it safe though.