90 BTC stolen!

[BCB]

If tools like BitIodine were public, maybe these cases would have more chances, and thefts would reduce frequency.
http://miki.it/pdf/BitIodine_presentation.pdf
http://miki.it/pdf/thesis.pdf

is this your paper?

[Honeypot]

Let me ask a simple question:

If I get some bTC in my wallet on my computer, encrypt the wallet to a different password, back up the wallet using the standard method on the wallet client, and put that dat file in a USB or another offline computer, does that constitute a cold-storage?

I mean my main computer will still have the wallet and btc in them.

Let us know.

[q33139768]

sorry to heat that... maybe have them stored in blockchain wallet would not be a bad idea.

[Alphi]

Screw off mate. Do you really think anyone has time for that shit? There are so many easier ways to do it this just annoys the hell out of me.

There should be a button to force people back to the newbie area.

Why? Because I don't prefer some overly complicated and totally impractical method of "securing" my bitcoin wallets? Is this how you're going to spread bitcoin acceptance? Offering round about solutions to simple problems with much more secure and practical alternatives? Yes yes, I know how to make encrypted partitions, run virtual machines, etc but you're tricking yourself into a false sense of security and spreading bad information if you think these approaches offer extra protection.

Stop. The only newb here is you and anyone who propagates that tinfoil hat nonsense. God forbid an actual newb reads that post and thinks that's the right way to secure his bitcoins.

its not overly complicated its simple and FREE cryptography and security that a 12 year old could use and that anyone should be using to protect not only their money but their personal information (documents etc) as well. if you fail to secure your own money don't come crying back to he community when you lose it.

its ok the be a noob but to be an ignorant noob with large amounts of money kept in a digital form is very dangerous indeed.

[Abdussamad]

Let me ask a simple question:

If I get some bTC in my wallet on my computer, encrypt the wallet to a different password, back up the wallet using the standard method on the wallet client, and put that dat file in a USB or another offline computer, does that constitute a cold-storage?

I mean my main computer will still have the wallet and btc in them.

Let us know.

No it doesn't. Cold storage is where the private keys never touch an online computer. Meaning you generate the wallet on an offline computer. The satoshi client makes this hard. You should use something like armory or electrum that offer offline wallets and offline transaction signing.

[bbit]

God this is so aweful sorry to hear this!!

[Honeypot]

Let me ask a simple question:

If I get some bTC in my wallet on my computer, encrypt the wallet to a different password, back up the wallet using the standard method on the wallet client, and put that dat file in a USB or another offline computer, does that constitute a cold-storage?

I mean my main computer will still have the wallet and btc in them.

Let us know.

No it doesn't. Cold storage is where the private keys never touch an online computer. Meaning you generate the wallet on an offline computer. The satoshi client makes this hard. You should use something like armory or electrum that offer offline wallets and offline transaction signing.

Suppose I do what I said, about encrypting it with hard password that I don't type in, and backing up the wallet in a dat file on a usb or offline driver.

How secure is it?

[Mikcik]

First off sorry dude that really sucks. Secondly even if you could find out the person responsible, it's gonna be really tough to get the coins back. I know of several people in here who got scammed out of coins a few months ago. We were able to find out his exact address and identity because he scammed me on eBay too. With that said I reported it to the police but they are not all that excited to jump on a bitcoin case. They did take the report, but I still have yet to see any indication they've even questioned this guy

Lol... did you thought about simply confronting the game face to face and demanding your coins back? even tried maybe to beat him? Why do peopel so often rely on official authority?

[Alphi]

Let me ask a simple question:

If I get some bTC in my wallet on my computer, encrypt the wallet to a different password, back up the wallet using the standard method on the wallet client, and put that dat file in a USB or another offline computer, does that constitute a cold-storage?

I mean my main computer will still have the wallet and btc in them.

Let us know.

No it doesn't. Cold storage is where the private keys never touch an online computer. Meaning you generate the wallet on an offline computer. The satoshi client makes this hard. You should use something like armory or electrum that offer offline wallets and offline transaction signing.

Suppose I do what I said, about encrypting it with hard password that I don't type in, and backing up the wallet in a dat file on a usb or offline driver.

How secure is it?

its secure but not overly secure...  if a key logger is installed on your PC there is a high probability that there is also a trojan waiting for you to plug in your USB stick so it can copy the wallet and send it across the wire.. if they have your password and your dat file that's all they need to steal your money which is why windows is not a good place to store either of them.

if you must use windows/or mac to store your keys.... make sure most of your money is safely locked away in a paper wallet created form a clean machine (ie cold storage)


EDIT: oh wait.. you said "don't type in"... you mean copy and paste from a file? that could be more dangerous than typing depending on how you store the PW. and by that I mean if you put the password in a text file and give it an obvious name or have some obvious tag like "pass" or "pwd" inside the text file then your just asking for trouble. If however you just have some random file somewhere with no distinguishing marks and your hidden password of random characters is embedded somewhere in that file then that should be OK as long as you DO NOT store the password file and the .dat file in the same location. these are called key files BTW and they are used by truecrypt in tandem with typed passwords (two factor authentication) to make your encryption even more secure.

im not aware of any wallet programs that use two factor authentication that's why I recommend truecrypt as an extra layer of protection.

[Honeypot]

First off sorry dude that really sucks. Secondly even if you could find out the person responsible, it's gonna be really tough to get the coins back. I know of several people in here who got scammed out of coins a few months ago. We were able to find out his exact address and identity because he scammed me on eBay too. With that said I reported it to the police but they are not all that excited to jump on a bitcoin case. They did take the report, but I still have yet to see any indication they've even questioned this guy

Lol... did you thought about simply confronting the game face to face and demanding your coins back? even tried maybe to beat him? Why do peopel so often rely on official authority?

He better take a piece with him. People tend to be armed these days, so even the odds.

[Mikcik]

Screw off mate. Do you really think anyone has time for that shit? There are so many easier ways to do it this just annoys the hell out of me.

There should be a button to force people back to the newbie area.

Well actually no, he gots a point, bitcoin isnt making anyone a favour, but anybody could make a favour to bitcoin by adopting it, but it has to be wayyyyy more easier. The more im here the more i dont like the BTC community and i know something about computers.

[Alphi]

Screw off mate. Do you really think anyone has time for that shit? There are so many easier ways to do it this just annoys the hell out of me.

There should be a button to force people back to the newbie area.

Well actually no, he gots a point, bitcoin isnt making anyone a favour, but anybody could make a favour to bitcoin by adopting it, but it has to be wayyyyy more easier. The more im here the more i dont like the BTC community and i know something about computers.

whats that point exactly? you CBF learning enough about bitcoin to use it wisely? you'd like your money property secured and looked after by someone else? sure there are companies that provide that service for a fee...

I'm not sure why some people are complaining about a free service and free advice, but I'm more than happy to give you a full refund if you are not satisfied...
 

[theonewhowaskazu]

My favorite way for storing long-term Bitcoin savings is an offline Electrum wallet.

1. Download electrum on an offline computer (ideally entirely offline, never-to-go-online-again, I use an old netbook I use as a calculator which I got for $100)

2. Create new wallet.

3. write down or memorize the seed

4. send the bitcoins-to-be-saved to one of the newly-generated addresses

5. Stop worrying about all your BTC being hacked.

I admit this might not be practical for everyone, though. I think that when Bitcoin goes main-stream, there will be hardware-wallets making the whole system a lot easier. After all, all you really need is a tiny processor and a USB to create offline wallets.

[sssubito]

Lol... did you thought about simply confronting the game face to face and demanding your coins back? even tried maybe to beat him? Why do peopel so often rely on official authority?

Self justice is probably the worst idea I have read here so far. I completely agree that sometimes official authorities don't act on your legitimate interests, but still your proposal is stone age.

I wish you never have a group of dumb gorillas at your door...

[philipzhai]

Everyone can join the taskforce and hunt down the owner of this address:

16CLrCq8c1M8qsCYNP5r21AejMWUgZS7uk

The thief transferred my 89.5 BTC into this address.
You will be rewarded with half of the recovered BTC.

Philip

[Sindelar1938]

It's not going to help

The thief has split the btc up many times already

[superresistant]

Offer half of the Bitcoins for the people that help, it's the only way to get help.

[Sonny]

It's not going to help

The thief has split the btc up many times already

It is true that it will very unlucky OP can get back his bitcoin.

[Sonny]

1. Download electrum on an offline computer (ideally entirely offline, never-to-go-online-again, I use an old netbook I use as a calculator which I got for $100)

If you decide to use your old pc, you should have done disk formatting before installing electrum.

[spyro]

Goodluck my friend. Really sorry this had to happen to you. Stay strong and keep trying to track him down.
If you fail, simply do something extra in your life you would never have done before, use it as an opportunity.

Then you can say, well "if I didn't get 90BTC stolen" I wouldn't have had an amazing life changing experience in XYZ/ met XYZ / did XYZ that I always wanted to do.