DannyHamilton
Legendary
 Offline
Activity: 3486
Merit: 4847
|
 |
May 03, 2014, 05:20:15 PM |
|
Can u plz point out where Satoshi Nakamoto recommended this way ?
The original Bitcoin Whitepaper. Before he every even released the software. Section 10. Privacy a new key pair should be used for each transaction to keep them from being linked to a common owner.
|
|
|
|
|
Yakamoto
Legendary
Offline
Activity: 1218
Merit: 1007
|
|
May 03, 2014, 05:22:14 PM |
|
What do you recommend as the number of wallets to have?
|
|
|
|
|
DannyHamilton
Legendary
Offline
Activity: 3486
Merit: 4847
|
|
May 03, 2014, 05:32:11 PM |
|
What do you recommend as the number of wallets to have?
At least 3. |
|
|
|
|
DonQuijote
Legendary
Offline
Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
|
|
May 03, 2014, 05:32:15 PM |
|
bitstamp, btc-e, cryptsy, bter, bittrex, poloniex..
|
THE INGENIOUS GENTLEMAN DON QUIXOTE OF LA MANCHA |
|
|
DonQuijote
Legendary
Offline
Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
|
|
May 03, 2014, 05:32:44 PM |
|
What do you recommend as the number of wallets to have?
At least 3. why 3? |
THE INGENIOUS GENTLEMAN DON QUIXOTE OF LA MANCHA |
|
|
|
Pony789
|
|
May 03, 2014, 05:39:37 PM |
|
4 wallets for me. 1 on btc-e, 1 on bitstamp, 1 on my computer, 1 paper wallet.
|
|
|
|
Yakamoto
Legendary
Offline
Activity: 1218
Merit: 1007
|
|
May 03, 2014, 06:12:22 PM |
|
I am also curious... Why 3?
|
|
|
|
|
|
Pony789
|
|
May 03, 2014, 06:33:50 PM |
|
What do you recommend as the number of wallets to have?
At least 3. why 3? I am also curious... Why 3?
Maybe one exchange wallet holding 0 btc in 99.9% time only for buy/sell bitcoin, one for for holding a small amount of bitcoin for daily usage, one holding all the rest bitcoin offline. Just my own guess. |
|
|
|
|
jbrnt
|
|
May 03, 2014, 06:44:08 PM |
|
If people are into alt coins, I would think they will have more wallets at exchanges. I don't mine or buy alts, so I only have 3 bitcoin wallets, and 1 exchange account which holds no coins.
|
|
|
|
|
DannyHamilton
Legendary
Offline
Activity: 3486
Merit: 4847
|
|
May 03, 2014, 10:18:52 PM |
|
What do you recommend as the number of wallets to have?
At least 3. why 3? With my local currency: I have a "very secure" storage at the bank, but it's difficult to access the cash if I want it ( either wait until they are open to make a withdrawal, or use an ATM which has limits and fees) I also can store some cash in my pocket. This is much more convenient (I have the cash immediately at hand at every moment) Unfortunately, this is a high risk situation where a thief could steal it. Pulling too much out of my pocket can even make me a target for thieves. Therefore, to reduce risk, I generally carry much smaller amounts in my pocket at any moment. To have easier access, while reducing risk of theft, I can store moderate amounts of cash in my house in a safe. I can use this to replenish what I spend from my pocket. I use a similar "multi-tier" approach with Bitcoin. I have paper wallets for "very secure", but inconvenient storage of larger amounts. I have a web hosted, or mobile device, wallet for high risk but quick access small amounts. I have an Armory (or Electrum offline) wallet to replenish my "carrying around" wallet or for purchases from websites while at home. |
|
|
|
|
poison5151 (OP)
Newbie
Offline
Activity: 4
Merit: 0
|
|
May 04, 2014, 04:28:47 PM |
|
With my local currency:
I have a "very secure" storage at the bank, but it's difficult to access the cash if I want it ( either wait until they are open to make a withdrawal, or use an ATM which has limits and fees)
I also can store some cash in my pocket. This is much more convenient (I have the cash immediately at hand at every moment) Unfortunately, this is a high risk situation where a thief could steal it. Pulling too much out of my pocket can even make me a target for thieves. Therefore, to reduce risk, I generally carry much smaller amounts in my pocket at any moment.
To have easier access, while reducing risk of theft, I can store moderate amounts of cash in my house in a safe. I can use this to replenish what I spend from my pocket.
I use a similar "multi-tier" approach with Bitcoin.
I have paper wallets for "very secure", but inconvenient storage of larger amounts.
I have a web hosted, or mobile device, wallet for high risk but quick access small amounts.
I have an Armory (or Electrum offline) wallet to replenish my "carrying around" wallet or for purchases from websites while at home.
This is a great approach, it should be advocated or at least described on the wiki ... |
|
|
|
|
|
sj2199
|
|
May 04, 2014, 04:34:34 PM |
|
|
|
|
|
|
|
|
medicine
|
|
May 05, 2014, 05:30:40 AM |
|
I use bitcoin-QT with armory and blockchain on my phone.
I try to use as many exchanges as possible, but only keep money on 3 or 4. Cavirtex, VOS, Bitfinex, Bter, Korbit, Coinplug, Kraken, Btc-e, looking into BitX.
Used to use Gox, Vicurex and Bitup before they imploded.
Looking forward to the launch of Ciphertade as well.
Peace
|
|
|
|
|
|
Massimo80
|
|
May 05, 2014, 01:01:21 PM |
|
I only use a single wallet on my desktop computer, running Bitcoin-QT; I don't actually have many BTCs now due to having got goxxed hard, and I never had lots of them anyway, thus I'm ok with a single-wallet setup (of course with encryption and proper wallet backup).
I trade on various exchanges and I have an active account on almost all the ones trading in EURs, but I don't keep money there unless actively using it.
|
|
|
|
|
|
Cryptogirl82
|
|
May 05, 2014, 02:01:11 PM |
|
only cryptsy is real.
|
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
|
|
|
|
Cryptogirl82
|
|
May 05, 2014, 02:02:16 PM |
|
I use to use cryptorush.in before they closed down. But that was a scam site anyway!
|
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
|
|
|
|
Poll
