Where have you saved your bitcoin keys? (satoshi saved it in cd rom! allegedly)

[ajaxtempest]

Was expecting guys and gals would atleast vote. Wanted to see the percentage.

[Bttzed03]

~
As for satoshi post, many do not know that he actually posted in an conspiracy forum back in 2013-2014. (allegedly).
Here was his comment

Look.

I told You all, I have my reason why I do hide my identity.

I generated a new key, without email of course to stamp this thread to that key, and when time is right, I do sign my key with my old private one...

FINGERPRINT:
DF2D 3A69 DAAB 540D D11A 8308 0494 C673 2252 C9F9

Think for Yourself of the consequences I do face.

I do agree, the risk is much less in 2013.

But still there will be wacko out there who are p.ssed off.

I was the guy who did create the concept. Others did step
it to make implementation.

I did communicate very carefull with people, and my private
key is my signature.

There is a lot said on the internet, they do ask people
of the bitcoin foundation for info.

Nobody does release info, and I am pretty satisfied,
the guys keep word.

You known, about 5 years ago, I did receive a full stack of bitcoins by a programmer of the team, by now it would be worth about 100 billion dollars ?

Well, they are somewhere on my CDroms. Somewhere.

And You known I do not care.
I do care about the system, the idea, the filosophy so we can grow to a world which is ready for high speed innovation
without the burden of commercialism.

Money has to be like a metric. To mess with it, is not the right way at all to have an honest way to trade.

So first the money has to be purified. Right now people do trade on a fraudulent system and the hard working man is robbed in the wallet.

Is this your source? - https://www.godlikeproductions.com/forum1/message2415307/pg7

Code:

Father of Cryptocurrency (OP)
User ID: 41993714
Belgium
11/22/2013 03:13 PM

^ It looked like someone's trolling in that forum. I would never imagine someone like satoshi to even call himself as father of cryptocurrency.

Was expecting guys and gals would atleast vote. Wanted to see the percentage.

Voted. Just add those who recommended paper wallet and steel wallet as votes.

[Marvelman]

They are not valuable to me at this stage and I have no need to protect them.

People who didn't care about the security/safety of their Bitcoins and lost it some ten years ago or so cause it wasn't really valuable then, would prolly be kicking themselves at this very point. What if the same scenario happens to you somewhere along the line as Bitcoin continues to develop, appreciate in price, and heads towards mass adoption, but you already lost your funds cause you saw no reason to secure it.

I understand what you mean. When I said I didn't worry too much about security, I meant that I didn't worry about theft and hacking. I keep my private keys unencrypted on my computer simply because I don't plan on keeping a significant amount of funds on that wallets, ever. Also, I am the only person using the computer. In this case, even if something were to happen to me, someone in my family may find those keys (if they are aware enough to look for them), and the coins wouldn't be utterly lost.
But like I said, I do not recommend this approach to anyone, and I'm planning to get a hardware wallet soon to store my long-term crypto assets.

[Pmalek]

Whoever that is on the conspiracy forum, it's surely not satoshi. Satoshi didn't write nonsense like that. He is/was most probably a native English speaker. That post was written by someone who isn't. CDs are unreliable storage mediums, and they are digital. I have music CDs who have stopped working for no reason at all.

No digital or online copies of your seed and private keys are recommended. All physical ways to do backups work. Some are better than others. A piece of paper is OK. A laminated piece of paper is better. Engraving your words on stainless steal is even better. Engraving and hiding your steal backups in places people would never look is a whole new level. You could also secure your seed with washers.

[Kakmakr]

Personally, I dont use paper, paper can get wet, can be eaten by insects and can catch fire,
the ink can even fade.

I use a stainless Steel plate similar to this > https://bitcointalk.org/index.php?topic=5323755.0 which is secured very remotely.

Well, that is why you should laminate the paper wallets and you should store them in a dark place...away from direct sunlight. Not all people have access to the technology to engrave a Private key on Stainless Steel. 

It is simple to print several copies of your Private key or Seed phases onto a piece of paper and then to get it laminated. I have books that are over 100 years and it is still in a very good condition and it is not even laminated. The secret is simply in how you are storing it.... 

[KaliLinux]

Personally, I dont use paper, paper can get wet, can be eaten by insects and can catch fire,
the ink can even fade.

I use a stainless Steel plate similar to this > https://bitcointalk.org/index.php?topic=5323755.0 which is secured very remotely.

I agree and even when this is highly advisable amongst other means we will also consider why most will use or write down on paper preferable in multiple places because of the amount of Bitcoin those investors HODL. I believe this is one of the determinants of how most people save their Bitcoin keys, how much they hodl will influence how far or what they are willing to spend in storing their keys, either way, just keep it safe.

[Agbe]

A thought experiment i wanted to know.
I have saved it in a disc (was inspired by satoshi who stated it that he has saved it and buried it)
memorised and saved in hdd in air gapped though!

The question has been discussed before, and I don't think this thread is for this board. That is not withstanding, different answers will still appear. There are divers ways one can store or keep his or her phrase seed or wallet key. You can store your key in the way that is safe for you. There have been different suggestions that have been made by different users in the forum. You can store your phrase seed in a flash drive, memory card, CD plate, your brain or tell your spouse, children or very close relative. Any way that is suitable  for you. Do it. But all of them have Merit and demerit. That is advantages and disadvantages.

If I will suggest for you, I will suggest papper wallet storing. Write out the phrase seed in a paper mostly in a jotter, and keep the jotter in your walldrop or you can catalogue the jotter.

[Odusko]

As vulnerable as it may sound I save all my private keys on my email draft I know it sounds weird and stupid but I prefer it that way since my email is highly protected with second layer security. But am thinking lately to get them written on a paper not that sound riskier to me as anyone with access to the paper can easily access the wallets.

[o_e_l_e_o]

As vulnerable as it may sound I save all my private keys on my email draft I know it sounds weird and stupid but I prefer it that way since my email is highly protected with second layer security.

It sounds extremely vulnerable.

2FA or "second layer security", as you put it, only offers additional protection to someone trying to hack your email username and password directly. And even then it's not infallible, and depends very much on how you have set up the 2FA. Anything less than a hardware key can be broken. SMS or email 2FA is completely insecure and adds next to nothing. A 2FA app on the same device you use to log in to said email is also very insecure.

But more importantly, you have to consider all the other ways someone could access this data stored in your email drafts. Your keys are now duplicated across an unknown number of servers across an unknown number of countries. These servers can be accessed by an unknown number of people, both physically and electronically. These servers have unknown security, both physically and electronically. You have no idea how securely your email provider is storing or transferring your data. Your email provider almost certainly shares your data with an unknown number of third parties. Your email provider may store your password insecurely, or have 2FA set up insecurely so it can be bypassed. There may be malicious employees. There may be bugs in their software. Their servers may be hacked. There are so many ways that your keys could be stolen in this set up I can't even count them all.

Keep in mind that anything stored online, in emails, in cloud storage, etc., is simply being stored on someone else's computer. Would you message a random person on this forum with all your private keys? No? Then you shouldn't be storing them online.

[Marvelman]

Keep in mind that anything stored online, in emails, in cloud storage, etc., is simply being stored on someone else's computer. Would you message a random person on this forum with all your private keys? No? Then you shouldn't be storing them online.

Yeah, that method sounds even less secure than mine (which I agree is completely insecure, by the way) of storing it unencrypted on my computer.

@Odusko, I assume you have heard of cases of leaked emails in the past. How do you think hackers get access to those messages? Suffice it to say that they are seldom the result of actual hacking. You might be surprised to learn that most server adminis have full access to all private mailboxes on most systems.

[7788bitcoin]

A thought experiment i wanted to know.
I have saved it in a disc (was inspired by satoshi who stated it that he has saved it and buried it)
memorised and saved in hdd in air gapped though!

Where did Satoshi claimed that he saved the private keys in a CD rom, this is the first time i am hearing this claim. Majority of the early coiners were thinking that he left for good and may be he lost his keys so that he wont be able to access the millions of coins he is holding so that he wont be able to move the coins and give a panic heart attack to the rest of the investors  .

Edit: so it is another conspiracy wanna be claim 

[ajaxtempest]

A thought experiment i wanted to know.
I have saved it in a disc (was inspired by satoshi who stated it that he has saved it and buried it)
memorised and saved in hdd in air gapped though!

Where did Satoshi claimed that he saved the private keys in a CD rom, this is the first time i am hearing this claim. Majority of the early coiners were thinking that he left for good and may be he lost his keys so that he wont be able to access the millions of coins he is holding so that he wont be able to move the coins and give a panic heart attack to the rest of the investors  .

Edit: so it is another conspiracy wanna be claim 

Hope you have gone through the 14 pages! I believe him

[o_e_l_e_o]

Yeah, that method sounds even less secure than mine (which I agree is completely insecure, by the way) of storing it unencrypted on my computer.

Storing your bitcoin in a hot wallet on your computer is a valid use case in some circumstances, though. I have a wallet on my computer which stores a small amount of bitcoin which I need to be stored in a hot wallet for things like coinjoining and Lightning, which cannot be stored in a cold wallet while being actively used for these purposes. There are obvious caveats, in that your wallet should be encrypted, ideally the whole disk should be encrypted, the computer should be running a clean and open source OS, you shouldn't use it for installing a bunch of other programs or downloading junk, you should only store a small amount of coins at any one time, etc., but there are still plenty of reasons to have your coins in a hot wallet.

On the other hand, there is no good reason to back up your keys to your email account, ever.

[buwaytress]

I definitely have a hot wallet where my keys (or rather, my seed phrase) are stored digitally and in a way easy for me to access on the go. It's still horribly inconvenient, not to mention the wallet app itself is pretty bad but as far as phone apps go I make the security sacrifice for convenience (as we all do). Worst case scenario, hot wallet lost is not a lot of money.

I've considered a secondary semi-hot wallet (I'm making things up) where I'll only memorise the seed phrase to restore when needed. Terrible idea unless you find a way to help you remember if you forget.

[m2017]

CD has proven to be a terribly unreliable way to store information. Despite the declared service life of more than 50 years, most of those who caught the time of CD popularity still have them in the closet like useless trash. It is almost impossible to read information from them.

To store bitcon keys, it is better to use metall disk (with seed-text engraved on it) instead of compact disk. At least in this way the data will not disappear after a couple of years.

Does anyone else use CD or DVD? This is already old junk, without any advantages.

[Nrcewker]

A thought experiment i wanted to know.
I have saved it in a disc (was inspired by satoshi who stated it that he has saved it and buried it)
memorised and saved in hdd in air gapped though!

From a disc, you mean compact disk? Cmon now a days no one uses a compact disk.
But yes i know everyone has their own choices.
I have stored my keys by writing it down in a piece of paper, actually i made 3 copies and kept it separately for emergencies.
Alternatively i have another wallet which has low amount of coins, and it’s private keys i have kept in Gmail account.(it’s not safe and not recommended).
So i can advise the OP at last that, do write the keys in a paper and keep it close to yourself, days are growing and soon cds will extinct. So watch your keys before it gets lost.

[xSkylarx]

I'm not sure, but CDs and disks are not reliable because they occasionally stop working or reading at all, and the disk is very prone to disc scratches whether you store it or not because simply putting it to read will cause it to have scratches. Now I'm sure it'll be put on a disc in txt format, which is also unreliable and easily corrupted. Why not stick to writing it on paper or putting it in metal or wood and storing it because it is not easily erased. You just need to store it in the most secure location so that no one or only your trusted could see it.

[ajaxtempest]

Here is the power of CD. See the second file..
Forgot to save the wallet.dat file
Had first found about btc back in may 2011, downloaded bitcoin core 0.4.0 back on sep 30 2011 and got free btc via bitcoin faucet. Saved the exe file on disc but did not save the wallet.dat file. Mined some in 2012 with geforce 525m and then forgot about it.HDD crashed and threw it away. At that time the blockchain size was 600mb.
The disc still works!

[Doan9269]

A thought experiment i wanted to know.
I have saved it in a disc (was inspired by satoshi who stated it that he has saved it and buried it)
memorised and saved in hdd in air gapped though!

I want to believe you're quite aware of the situation where you does not have access to the keys totally means a denied access to you coins as well, i want to believe in this you're referring to having an hardware wallet or a cold storage whereby the keys are in your possessions, they are actually non custodial and i will drop you with this for more safety: additional protection for your seed and private keys and also, you can go through this
secured air grip storage method they are recommended means to best save your key.

[sana54210]

I'm not sure, but CDs and disks are not reliable because they occasionally stop working or reading at all, and the disk is very prone to disc scratches whether you store it or not because simply putting it to read will cause it to have scratches. Now I'm sure it'll be put on a disc in txt format, which is also unreliable and easily corrupted. Why not stick to writing it on paper or putting it in metal or wood and storing it because it is not easily erased. You just need to store it in the most secure location so that no one or only your trusted could see it.

There are way too many easy steps to make sure that you are doing fine. Like for example we do not have disks in most places right now, we don't use them anymore do we? Which means that if you end up getting something that could read a disk, and still connect via USB port for example, then you are going to end up with making a good security layer even though it is not really impossible to figure out.

I am not saying that it is impossible, all I am saying is that it is definitely a layer of security. This is what hackers and whitehats think about when they are securing something, layers upon layers upon layers. Could be simple, but if you have 10 simple layers, then all of them combined makes it hard.