Bitcoin Forum
December 18, 2017, 11:11:03 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: I have an interesting question.  (Read 734 times)
alyssa85
Legendary
*
Offline Offline

Activity: 1036


View Profile
September 02, 2017, 11:11:23 AM
 #21

Okay, so you see, I am all about breaking free from all the chains of all the governments and their banks that are watching our every move and every asset we own so they can tax the hell out of everything they can. But you see, if I put everything i have onto an offline wallet or in drive wallet and put it in a vault, or anywhere you guys can think of, what then would i do if something happens to that place where i stored my drive containing almost everything i have? What if a fire happens? A war? A natural disaster? That would mean i would lose everything i have! And the worse thing is, i can also not go putting money on online wallets because i just don't trust them.

I would like to see some thoughts. Thanks.

You make copies of the wallet.dat and store it in multiple safe places (including renting a bank deposit box, if you have a lot of coins).

1513595463
Hero Member
*
Offline Offline

Posts: 1513595463

View Profile Personal Message (Offline)

Ignore
1513595463
Reply with quote  #2

1513595463
Report to moderator
1513595463
Hero Member
*
Offline Offline

Posts: 1513595463

View Profile Personal Message (Offline)

Ignore
1513595463
Reply with quote  #2

1513595463
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513595463
Hero Member
*
Offline Offline

Posts: 1513595463

View Profile Personal Message (Offline)

Ignore
1513595463
Reply with quote  #2

1513595463
Report to moderator
1513595463
Hero Member
*
Offline Offline

Posts: 1513595463

View Profile Personal Message (Offline)

Ignore
1513595463
Reply with quote  #2

1513595463
Report to moderator
Maum
Full Member
***
Offline Offline

Activity: 154


View Profile
September 02, 2017, 11:11:28 AM
 #22

Okay, so you see, I am all about breaking free from all the chains of all the governments and their banks that are watching our every move and every asset we own so they can tax the hell out of everything they can. But you see, if I put everything i have onto an offline wallet or in drive wallet and put it in a vault, or anywhere you guys can think of, what then would i do if something happens to that place where i stored my drive containing almost everything i have? What if a fire happens? A war? A natural disaster? That would mean i would lose everything i have! And the worse thing is, i can also not go putting money on online wallets because i just don't trust them.

I would like to see some thoughts. Thanks.
If you are speaking in Hypothetical terms,even bitcoin isn't safe then.Like what happens if there is a massive earthquake which kills all the mining operations and there is no electricity around the globe  for a few weeks,what happens to bitcoins then ? Purely illogical,purely hypothetical.
If something happens to your place you lose access to your bitcoins and there is no ifs and but's or an "interesting question".I'd think twice,consider all the conditions if I'm that insecure about where I store my coins.

then think ahead and keep a backup! it really isn't as complicated as you may think.
Op would probably ask you what happens if the back-up wallet also sets itself on fire. Shocked
If we are good prepared, we wouldnt need miners in worst case. We only need to exchange wallets with fitting amounts.
Juggy777
Sr. Member
****
Online Online

Activity: 420



View Profile
September 02, 2017, 11:13:30 AM
 #23

Okay, so you see, I am all about breaking free from all the chains of all the governments and their banks that are watching our every move and every asset we own so they can tax the hell out of everything they can. But you see, if I put everything i have onto an offline wallet or in drive wallet and put it in a vault, or anywhere you guys can think of, what then would i do if something happens to that place where i stored my drive containing almost everything i have? What if a fire happens? A war? A natural disaster? That would mean i would lose everything i have! And the worse thing is, i can also not go putting money on online wallets because i just don't trust them.

I would like to see some thoughts. Thanks.

Just one question if you do that how will you survive? Be realistic if suddenly you remove all your money, how will you explain them where it went. I would suggest use a wallet like electrum, let the place burn, country burn, go somewhere else and just get your coins, secondly paper wallet but if you store and it burns and you don't have your keys it's a waste. Treezor is one option but if you loose then what. I understand why you would like to so it, so I would suggest electrum that's the best wallet and easily use any where anytime irrespective of where you are.

BitDice[]               ▄▄███▄▄
           ▄▄██▀▀ ▄ ▀▀██▄▄
      ▄▄█ ▀▀  ▄▄█████▄▄  ▀▀ █▄▄
  ▄▄██▀▀     ▀▀ █████ ▀▀     ▀▀██▄▄
██▀▀ ▄▄██▀      ▀███▀      ▀██▄▄ ▀▀██
██  ████▄▄       ███       ▄▄████  ██
██  █▀▀████▄▄  ▄█████▄  ▄▄████▀▀█  ██
██  ▀     ▀▀▀███████████▀▀▀     ▀  ██
             ███████████
██  ▄     ▄▄▄███████████▄▄▄     ▄  ██
██  █▄▄████▀▀  ▀█████▀  ▀▀████▄▄█  ██
██  ████▀▀       ███       ▀▀████  ██
██▄▄ ▀▀██▄      ▄███▄      ▄██▀▀ ▄▄██
  ▀▀██▄▄     ▄▄ █████ ▄▄     ▄▄██▀▀
      ▀▀█ ▄▄  ▀▀█████▀▀  ▄▄ █▀▀
           ▀▀██▄▄ ▀ ▄▄██▀▀
               ▀▀███▀▀
        ▄▄███████▄▄
     ▄███████████████▄
    ████▀▀       ▀▀████
   ████▀           ▀████
   ████             ████
   ████ ▄▄▄▄▄▄▄▄▄▄▄ ████
▄█████████████████████████▄
██████████▀▀▀▀▀▀▀██████████
████                   ████
████                   ████
████                   ████
████                   ████
████                   ████
████▄                 ▄████
████████▄▄▄     ▄▄▄████████
  ▀▀▀█████████████████▀▀▀
        ▀▀▀█████▀▀▀
▄▄████████████████████████████████▄▄
██████████████████████████████████████
█████                            █████
█████                            █████
█████                            █████
█████                            █████
█████                     ▄▄▄▄▄▄▄▄▄▄
█████                   ▄█▀▀▀▀▀▀▀▀▀▀█▄
█████                   ██          ██
█████                   ██          ██
█████                   ██          ██
██████████████████▀▀███ ██          ██
 ████████████████▄  ▄██ ██          ██
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ██          ██
             ██████████ ██          ██
           ▄███████████ ██████▀▀██████
          █████████████  ▀████▄▄████▀
[/]
skaynet
Full Member
***
Offline Offline

Activity: 187



View Profile
September 02, 2017, 11:22:07 AM
 #24

if in my opinion better keep your money in bank safer. if you are afraid of taxable for what has a lot of money. as a good citizen you have to pay tax on wealth owned. not so friends?

Fafabol
Member
**
Offline Offline

Activity: 79


View Profile
September 02, 2017, 11:36:17 AM
 #25

OP just print many copies of your paper wallet so you can have more back up and don't store it in just one place and use vaults that are high quality and fire proof.
And use offline wallets and diversify your coins into different wallets so you can have more.
aso118
Legendary
*
Offline Offline

Activity: 1638


View Profile
September 02, 2017, 11:55:26 AM
 #26

if in my opinion better keep your money in bank safer. if you are afraid of taxable for what has a lot of money. as a good citizen you have to pay tax on wealth owned. not so friends?

He is talking about his cryptocurrencies, not money. So the point is to store the private keys safely. People pay taxes on their income, not on money/wealth. So why unnecessarily drag in the 'good citizen' bit?

joebrook
Sr. Member
****
Offline Offline

Activity: 322


★Bitvest.io★ Play Plinko or Invest!


View Profile
September 02, 2017, 12:49:17 PM
 #27

Why are you so afraid of taxes when your assets have a lot ... every good citizen will give taxes on their wealth ....
Taxes are meant to be paid about i would like to know exactly what these taxes are used for, they just take them like it's their money in the first place and give them to other countries whiles we have problems that really need solving in the country in the first place, we have no obligation towards other countries.



BITVEST DICE
HAS BEEN RELEASED!


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
Mike Mayor
Sr. Member
****
Offline Offline

Activity: 476



View Profile
September 02, 2017, 02:43:26 PM
 #28

Diversify. Keep backups in all kinds of different forms. Never not make any. You can never have enough backups. CD, DVD,USB,HDD, External HDD and on paper in the safe. Also... And this isn't really something we want to talk about but give your family member a copy to keep at their house should you happen die the btc won't be wasted. Also if your house burns down you have an extra copy.

xskl0
Sr. Member
****
Offline Offline

Activity: 322


Segshit ≠ P2P


View Profile
September 02, 2017, 02:57:45 PM
 #29

Don't put all eggs on one basket. Actually you can have a xapo.com account and store some on the vault, hardware wallets (trezor + ledger nano s), paper wallets and store 1 seed on your email service...

I prefer to live a day like a wolf than a hundred years as a lamb.

BUY / SELL bitcoins  --->  https://bit2me.com/?r=ryOV8xZNb
carlerha
Hero Member
*****
Offline Offline

Activity: 588



View Profile
September 02, 2017, 09:18:09 PM
 #30

Okay, so you see, I am all about breaking free from all the chains of all the governments and their banks that are watching our every move and every asset we own so they can tax the hell out of everything they can. But you see, if I put everything i have onto an offline wallet or in drive wallet and put it in a vault, or anywhere you guys can think of, what then would i do if something happens to that place where i stored my drive containing almost everything i have? What if a fire happens? A war? A natural disaster? That would mean i would lose everything i have! And the worse thing is, i can also not go putting money on online wallets because i just don't trust them.

I would like to see some thoughts. Thanks.
Not only one but I have a lot of questions about bitcoin. But the most interesting one is that what if a person invests all of his money in bitcoin and it disappears from the market tomorrow, and then what will he do? I think he will be mentally disturbed forever. Si I want the solution for this question. Because it is very important and everyone wants security for his life earning investment.
eaLiTy
Hero Member
*****
Offline Offline

Activity: 616


Anonymous bitcoin mixer


View Profile
September 03, 2017, 12:00:00 AM
 #31

@Similificator
If you have the entire valuation in your hands then you must be responsible enough to make sure that you have more than enough back up to your assets and that you have facilitated them in a safe place,like a bank locker or something like that which can sustain these sort of natural disaster and these are the things you could do in order to safe guard your coins.














 

 

█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
BitBlender 

 













 















 












 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
chesegrinder
Full Member
***
Offline Offline

Activity: 154


View Profile
September 03, 2017, 01:19:32 AM
 #32

download Core as a offline wallet. if you store every bit of your bitcoin in there and some disaster happen you will recover it as it have a private key that you as the only one knew about it. you can print the private key in a sheet of paper and store it in a safety bank [Yes in the bank] others are using it for storing there treasures. or you can store in online I store mine in Google drive. it is not complicated as you think. very good question by the way ops. as my mentor said before " think evil so you can prevent it..."
Agozyen
Sr. Member
****
Offline Offline

Activity: 266


Until the end


View Profile
September 03, 2017, 04:27:35 AM
 #33

Encrypt your wallet, back it up, rename it to something like HumanResourcesTraining.PPT and email it to yourself using various accounts like Gmail, Outlook.com and others. 







                          ▄▄███████████████████▄▄
                      ██████▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀██████
                  ██████                          ██████
               █████                                  █████
             █████                                      █████
           ████                                            ████
         ████                                                ████
       ████                                                    ████
      ████                                                      ████
     ████                                                        ████
    ████                                                          ████
   ████            ███████████████     ███████████████             ████
  ████             ▀ █████████████▌   ▄▀ █████████████▌             ████
 ▐███             ▄▄ ▐█████████████  ███ ▐█████████████              ███▌
 ████            ▐██▌ █████████████▌ ███▌ █████████████▌             ████
 ███             ████ ▐█████████████ ▐███ ▐█████████████              ███
▐███            ▐████▌ █████████████▌ ███▌ █████████████▌             ███▌
▐███            ██████ ▐█████████████ ▐███ ▐█████████████             ███▌
▐███           ▐██████▌ █████████████▌ ███▌ █████████████▌            ███▌
▐███           ████████ ▐█████████████ ▐███ ▐█████████████            ███▌
▐███          ▐████████▌ █████████████▌ ███▌ █████████████▌           ███▌
▐███          ██████████ ▐█████████████ ▐███ ▐█████████████           ███▌
▐███         ▐██████████▌ █████████████▌ ███▌ █████████████▌          ███▌
▐███         ████████████ ▐█████████████ ▐███ ▐█████████████          ███▌
 ███        ▐████████████  █████████████▌ ███  █████████████▌         ███
 ████       █████████████  ▐█████████████ ▐██▌ ▐█████████████        ████
 ▐███      ▐█████████████   █████████████▌ ██   █████████████▌       ███▌
  ████     █████████████▌   ▐█████████████      ▐█████████████      ████
   ████    █████████████     █████████████▌      █████████████▌    ████
    ████                                                          ████
     ████                                                        ████
      ████                                                      ████
       ████                                                   █████
         ████                                                ████
           ████                                            ████
             █████                                      █████
               █████                                  █████
                  ██████                          ██████
                      ██████▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██████
                          ▀▀███████████████████▀▀
 
Monaize
|
 
|
 
 



 
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!