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Author Topic: Ordered "Simple & Elegant Wallet" cards from Bobby Lee - Ballet  (Read 778 times)
Jcga
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September 13, 2019, 09:54:32 PM
Last edit: November 17, 2019, 02:11:45 PM by Jcga
 #1

Hi everyone,

"Ballet Cryptocurrency Hardware Wallet, Exclusive access to the revolutionary Ballet cryptocurrency hardware wallet,
designed for everyone, of any age and background."

I was pretty excited this afternoon when I have pre-ordered some wallets from Ballet shop balletcrypto.com and contributed to the project as a"Lucky Bird - Ballet REAL Wallet" via kickstarter.com/projects/balletcrypto/ballet-cryptocurrency-hardware-wallet

There are 2 pretty neat collector edition wallet cards which will be sent in October, "24K Gold-plated Edition - First Day of Issue" (Limited to 1,200) and "Collector Edition - First Day of Issue" (Limited to 3,000).

Bobby Lee: twitter.com/bobbyclee
Ballet: twitter.com/BalletCrypto
Ballet on Youtube: youtube.com/channel/UC-IdheicowH3Qlu_wCm_VDA
Ballet Telegram Group: t.me/BalletCrypto
Ballet Shop: store.balletcrypto.com


Source: balletcrypto.com/en-US



Source: store.balletcrypto.com/



Source: store.balletcrypto.com/collections/pre-order/products/gold-plated-edition-first-day-of-issue



Source: www.balletcrypto.com/en-US



Source: www.balletcrypto.com/en-US



There are some pretty neat "EarlyBird" specials.


Source: kickstarter.com/projects/balletcrypto/ballet-cryptocurrency-hardware-wallet




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September 13, 2019, 10:11:42 PM
 #2

So, is this like an metal plated paper wallet? Honestly, it isn't very clear on your website. I suggest that you put a clear step-by-step on how your product works in the first page.

Something like:

1. You buy the wallet.
2. You do X.
3. Your coins are stored in Y.
4. Then you can spend by doing Z.

Everything isn't very user friendly at the moment (IMO).

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September 13, 2019, 11:40:29 PM
 #3

For clarification have you checked out the interview of Bobby Lee, the Founder & CEO of Ballet?

https://i.imgur.com/vW3dOH4.png
Source: youtube.com/watch?v=cd83WuOvuFk

I didn't. I can't find anything related to this video in the website. Is it supposed to be there? Because it should definitely be there.

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September 13, 2019, 11:47:57 PM
 #4

So, is this like an metal plated paper wallet? Honestly, it isn't very clear on your website. I suggest that you put a clear step-by-step on how your product works in the first page.

Something like:

1. You buy the wallet.
2. You do X.
3. Your coins are stored in Y.
4. Then you can spend by doing Z.

Everything isn't very user friendly at the moment (IMO).

Private keys are pre generated by the manufacturer. Very crazy IMO. I think it is a shitful wallet. OP shouldn't have rush to buy it, before he reads what is it all about...
You will receive a wallet with a pre generated private key, trusting that the manufacturer don't have them.

Take a look here, there was already some discussion in the forum about it.
https://bitcointalk.org/index.php?topic=5184005.msg52434130#msg52434130

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September 13, 2019, 11:57:44 PM
 #5

Private keys are pre generated by the manufacturer. Very crazy IMO. I think it is a shitful wallet. OP shouldn't have rush to buy it, before he reads what is it all about...
You will receive a wallet with a pre generated private key, trusting that the manufacturer don't have them.

~
Thanks. I missed that discussion.

Would be great if OP (which I'm not sure if it's related to the "Ballet" wallet) could answer some of these user's concerns - mainly stuff like this[1]. But this does look like just a cool "paper" wallet generated and made by a third-party. And considering that the cheapest one costs $35, I don't really see the advantages of using that over an true hardware wallet or just a real paper wallet.

[1] https://bitcointalk.org/index.php?topic=5184005.msg52434958#msg52434958

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September 14, 2019, 12:04:05 AM
 #6

Private keys are pre generated by the manufacturer. Very crazy IMO. I think it is a shitful wallet.


Yeah, I agree that pre-generated private keys is crazy...
I can see scammers using this in their advantage.
I do agree that we need some easy wallet for masses, but not like this.

Also, whats up with this beta testing?
I tried to apply few times and It is simply NOT working.

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September 14, 2019, 01:20:25 AM
 #7

So, is this like an metal plated paper wallet? Honestly, it isn't very clear on your website. I suggest that you put a clear step-by-step on how your product works in the first page.

Something like:

1. You buy the wallet.
2. You do X.
3. Your coins are stored in Y.
4. Then you can spend by doing Z.

Everything isn't very user friendly at the moment (IMO).

Private keys are pre generated by the manufacturer. Very crazy IMO. I think it is a shitful wallet. OP shouldn't have rush to buy it, before he reads what is it all about...
You will receive a wallet with a pre generated private key, trusting that the manufacturer don't have them.

Take a look here, there was already some discussion in the forum about it.
https://bitcointalk.org/index.php?topic=5184005.msg52434130#msg52434130
To be fair this isn't 100% terrible, I very foolishly bought something similar from Bitswiss, and put a few bitcoin on it, they stayed for years and never went anywhere. They were legit and they even switched their focus and stopped selling wallets. Now this company, I don't know and would I do it again like that? No. I'd want to generate my own Private key and have some sort of scratch off sticker included.

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September 14, 2019, 03:28:26 AM
Merited by kingcolex (5)
 #8

~To be fair this isn't 100% terrible, I very foolishly bought something similar from Bitswiss, and put a few bitcoin on it, they stayed for years and never went anywhere. They were legit and they even switched their focus and stopped selling wallets. Now this company, I don't know and would I do it again like that? No. I'd want to generate my own Private key and have some sort of scratch off sticker included.

but it IS 100% terrible!
unless you are only using the card for its looks and not putting any coins in it, i don't recommend it to my worst enemy. you are putting all your trust into a company that you don't even know and is brand new with 0 history. if one company in the past hadn't scammed you it doesn't make the whole idea a good one. and it is not just about them scamming you, maybe they were shitty and generated a wrong key, encrypted it wrong,... and after you scratch things off you won't be able to claim back your money!

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September 14, 2019, 04:43:58 AM
 #9

~To be fair this isn't 100% terrible, I very foolishly bought something similar from Bitswiss, and put a few bitcoin on it, they stayed for years and never went anywhere. They were legit and they even switched their focus and stopped selling wallets. Now this company, I don't know and would I do it again like that? No. I'd want to generate my own Private key and have some sort of scratch off sticker included.

but it IS 100% terrible!
unless you are only using the card for its looks and not putting any coins in it, i don't recommend it to my worst enemy. you are putting all your trust into a company that you don't even know and is brand new with 0 history. if one company in the past hadn't scammed you it doesn't make the whole idea a good one. and it is not just about them scamming you, maybe they were shitty and generated a wrong key, encrypted it wrong,... and after you scratch things off you won't be able to claim back your money!
You're 100% right, I guess I should have rephrased what I was saying, I got away lucky with my previous paper wallet and I was saying I wouldn't do it again but my first sentence made it sound like this wasn't a horrible idea, it is.


NEVER TRUST ANYONE with your private key except you, if they made it you're trusting them!

+5 merit Pooya

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September 14, 2019, 09:33:55 AM
 #10

This will be a great wallet for those who do not know how important is to be only person who have access to your private keys. We discuss security of Trezor&Ledger almost every day, and now someone is selling "hardware wallet" with pre-generated private keys and it is saying "Trust me, I will never make copy of your private keys".

There is almost no difference in keeping coins on some exchange or in this wallet, in both case user is share his coins with manufacturer / exchange owner. Besides of all the disadvantages even price is not something we can consider cheap, if compared with real hardware wallets.

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September 14, 2019, 10:52:21 AM
 #11

ofcourse there is 100% risk of the company keeping a copy of the private keys. but do you know whats also a risk?
the private key being so easy to find on the same 'device' as the public key.

imagine a credit card which you marker pen your pin number to. see the stupidity of that action when someone pickpockets your credit card.

a good hardware wallet is not where the private key is stored with the public key. especially if all is required is a fingernail scratch to reveal it.

also the card seems expensive for something that only has one address
such a high price for something that means as soon as you want to spend just some of the funds it becomes useless.

and if i was to knit pick even more. im still laughing at the very old adoption of the word 'wallet'. when all the thing does is store keys(thus should be defined as a keyring).. and more specifically this card should be defined as a vault or something else that describes a single use item

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September 14, 2019, 11:02:27 AM
 #12

Nice idea. But how can they promise us that this product is safe? We're talking about a card with key addresses on it. Although it's nice as an idea, we don't know that these keys are not copied.

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September 14, 2019, 11:33:46 AM
 #13

I fully agree with you guyz no doubt,
rule #1 as in crypto we are our own bank, we do hold the private keys.

Nice to be part of a new project and Bobby Lee (BTCC) is pretty accurate and cool.
Ballet is promising in my opinion.
In addition, not to mention that from a collector's point of view, these cards are ultra sexy.

I'm too weak, could not not pre-order at least this one (Limited to 1,200): store.balletcrypto.com/collections/pre-order/products/gold-plated-edition-first-day-of-issue
and participate to kickstarter.com/projects/balletcrypto/ballet-cryptocurrency-hardware-wallet/description


Source: store.balletcrypto.com/collections/pre-order/products/gold-plated-edition-first-day-of-issue









IRRESISTIBLE "Crypto Collectibles" 👉 https://bitcointalk.org/index.php?board=217.0
Sexiest Crypto Wallets, Bobby Lee & Ballet 👉 https://bitcointalk.org/index.php?topic=5184419.0
Hottest Crypto Certificates, BitcoinSuisse 👉 https://bitcointalk.org/index.php?topic=5187276.0
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September 14, 2019, 12:37:54 PM
 #14

Jcga, are you in any way connected with this project or you're just a big fan of Bobby Lee? I'm asking this because you posted 10+ links ( so far) in 3 post, and this seems more like a serious promotion to me.

"Ballet Cryptocurrency Hardware Wallet, Exclusive access to the revolutionary Ballet cryptocurrency hardware wallet,
designed for everyone, of any age and background."

There is nothing revolutionary about this card, if you like this type of "hardware wallets" then check KeyWallet Touch, it seems a little more advanced and secure then Ballet.

In addition, not to mention that from a collector's point of view, these cards are ultra sexy.

I can somewhat agree with this, collectors do not look so much at functionality (security in this case), but on some other things.

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September 14, 2019, 12:51:04 PM
 #15

In addition, not to mention that from a collector's point of view, these cards are ultra sexy.

Ultra sexy, but poorly designed, with pre generated private keys? No thanks.

I think my Ledger Nano S is much more sexy, and I am 100%  sure nobody else has my private keys, unlike this card which the keys pre generated from the manufacturer (which may still have them).

I am not saying that the CEO of the company is planning to rob its clients. But a dishonest employee, for example. There are too many possible leaks with a pre generated private key. There is no reason to PAY to be exposed to get risk.


Jcga, are you in any way connected with this project or you're just a big fan of Bobby Lee? I'm asking this because you posted 10+ links ( so far) in 3 post, and this seems more like a serious promotion to me.
I was trying to understand that as well. but no referrals links... but this really looks like a paid post.

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September 14, 2019, 12:56:41 PM
 #16

This will be a great wallet for those who do not know how important is to be only person who have access to your private keys.

people who think this way should use custodial wallets such as Coinbase that are at least from a well known and old company. note that i am not denying the risks and stupidity of this method but i am pointing out that if people want easiness then there are better options than a newly created company from a person with a bad history of scams!

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September 14, 2019, 01:08:50 PM
 #17

Jcga, are you in any way connected with this project or you're just a big fan of Bobby Lee? I'm asking this because you posted 10+ links ( so far) in 3 post, and this seems more like a serious promotion to me.

"Ballet Cryptocurrency Hardware Wallet, Exclusive access to the revolutionary Ballet cryptocurrency hardware wallet,
designed for everyone, of any age and background."

There is nothing revolutionary about this card, if you like this type of "hardware wallets" then check KeyWallet Touch, it seems a little more advanced and secure then Ballet.

In addition, not to mention that from a collector's point of view, these cards are ultra sexy.

I can somewhat agree with this, collectors do not look so much at functionality (security in this case), but on some other things.


Not at all. I just shared my happiness yesterday. I have ordered as everyone can do and shared my experience.
I do my share, community support as we can do as I think the cards are cool.
I like the guy since 2014-15, I have also followed collectible items via btcc at that time.

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September 14, 2019, 01:17:29 PM
Merited by Jcga (3), bitmover (1)
 #18

@TryNinja @Bitmover @Lucius @franky1

you need to be crypto swag and follow the trend lol.

Yes, the keys are pre-generated but hey, in the earlier days when we discovered Bitcoin, weren't we using a web wallet and alike, a place where we needed to trust a company with our keys? Coinbase for example.

The product is new, the site too, but it has to start somewhere, they can't earn their reputation in 1 month. Everyone deserves a chance. I doubt B. Lee is going to scam people

I wouldn't use it to store my vault but you know, we all have different wallets for different purposes. For example, you can create a wallet that you only use for your shopping online, another to pay the escort girls and so on. You usually keep a minimum on it, just enough to pay 1 or 2 shots.
It's the type of card I would use as an alternative wallet for this.


I don't remember who talked about the price but I think the price is decent. If you compare with a similar website, ColdKey is at $35 and Satochip $25

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September 14, 2019, 01:59:30 PM
 #19

Yes, the keys are pre-generated but hey, in the earlier days when we discovered Bitcoin, weren't we using a web wallet and alike, a place where we needed to trust a company with our keys? Coinbase for example.
This doesn't make using them a good idea. It's up for every individual to trust these type of services/web wallets (I personally wouldn't). I honestly think that there are better and more trusted products, but I understand what you are saying. After all, weren't Casascius coins generated by a third-party and aren't they still being traded today without any worrying about the coins being withdrawn?

The product is new, the site too, but it has to start somewhere, they can't earn their reputation in 1 month. Everyone deserves a chance. I doubt B. Lee is going to scam people
Maybe... but I'm not calling them a scam, just questioning how their wallet works. Their website weren't exactly very clear.

I don't remember who talked about the price but I think the price is decent. If you compare with a similar website, ColdKey is at $35 and Satochip $25
But it's only a card with a wallet printed on it. I questioned the price because if you are looking for a hardware wallet, there could be better options for a little bit more - with real security, no third parties and while being a reusable wallet. If you're looking for a collectible or a cool "paper wallet", then it's obviously fine to pay something like this for a good looking BTC card.

I'm not attacking the product, just asking for some clarification and sharing some thoughts.

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September 14, 2019, 03:17:38 PM
Merited by Jcga (3)
 #20

The product is new, the site too, but it has to start somewhere, they can't earn their reputation in 1 month. Everyone deserves a chance. I doubt B. Lee is going to scam people
I agree CEO is not scamming people. But there are some possible security breaches that could be exploited in this key generation process.....


Quote
I wouldn't use it to store my vault but you know, we all have different wallets for different purposes. For example, you can create a wallet that you only use for your shopping online, another to pay the escort girls and so on. You usually keep a minimum on it, just enough to pay 1 or 2 shots.
It's the type of card I would use as an alternative wallet for this.

Ia agree with you here also.

Sometimes we think a wallet as a place to keep our whole life savings, but we don't need only that kind of wallet.

Maybe this wallet can be good for small amounts of Bitcoin...

I only hope this doesn't get too popular and people start losing funds, like blockchain.info

The problem I see, is that Bitcoin brand is already related to so many scammers, low security wallets and exchanges and so on. This all is bad for adoption. But this may not be case, and this wallet may deserve a shot. Let see what they are up to.

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