Bitcoin Forum
June 22, 2024, 10:09:26 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Poll
Question: Best and safe way to store your Bitcoins
Blockchain wallet - 2 (9.1%)
Local PC - 4 (18.2%)
Papper Wallet - 9 (40.9%)
Hardware Wallet - 2 (9.1%)
Other - 5 (22.7%)
Total Voters: 22

Pages: [1] 2 »  All
  Print  
Author Topic: Quick poll: best way to store your bitcoins. How you store?  (Read 1033 times)
xbit.in (OP)
Full Member
***
Offline Offline

Activity: 136
Merit: 100


View Profile
May 19, 2014, 02:59:43 PM
 #1

This is quick question to check what is preferred way by all btc users.
Which is best way to store your Bitcoins? What do you prefer?
elavenil
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
May 19, 2014, 03:10:58 PM
 #2

I am storing it in my computer which is not connected to internet. Only little bit amount in block chain.

waldox
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250


View Profile WWW
May 19, 2014, 03:18:29 PM
 #3

i have several usb encrypted backup wallets

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
   * Dental Hygiene Cleaning in Toronto & Mississauga accepts Bitcoin  * Downtown Toronto Real Estate Realtor Blog & News * Toronto House Evaluation * Toronto Dental Cleaning Hygiene Centre
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
nkocevar
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250



View Profile
May 19, 2014, 03:35:31 PM
 #4

I would suggest changing papper to paper* so it looks like a more professional poll Tongue

DubFX
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
May 19, 2014, 03:39:20 PM
 #5

Paper wallet is the most reliable, no?
Predatorian
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
May 19, 2014, 03:46:49 PM
 #6

I'm doing it via blockchain wallet only.

nkocevar
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250



View Profile
May 19, 2014, 03:51:46 PM
 #7

Paper wallet is the most reliable, no?

I would say its the safest, yes, but a wallet on say a waterproof usb is more reliable

DubFX
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
May 19, 2014, 03:54:31 PM
 #8

Paper wallet is the most reliable, no?

I would say its the safest, yes, but a wallet on say a waterproof usb is more reliable
But electronic still may fail "somehow" i think like when it will get close to some magnet or so on accidents. You can still seal your qr code into waterproof foil.
nkocevar
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250



View Profile
May 19, 2014, 03:57:26 PM
 #9

Paper wallet is the most reliable, no?

I would say its the safest, yes, but a wallet on say a waterproof usb is more reliable
But electronic still may fail "somehow" i think like when it will get close to some magnet or so on accidents. You can still seal your qr code into waterproof foil.

I guess you could be right on that one... I just always thought a USB would be more reliable and less work.

lightfoot
Legendary
*
Offline Offline

Activity: 3122
Merit: 2242


I fix broken miners. And make holes in teeth :-)


View Profile
May 19, 2014, 04:02:07 PM
 #10

As long as it doesn't get wet.

Android device in a safe; I fire it up every few months for patches and updates.

C
nkocevar
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250



View Profile
May 19, 2014, 04:10:49 PM
 #11

As long as it doesn't get wet.

Android device in a safe; I fire it up every few months for patches and updates.

C

I never even thought of this. Much better idea than say a USB drive. Too bad I would have to invest more in the android device than I already have invested in bitcoin xD

xbit.in (OP)
Full Member
***
Offline Offline

Activity: 136
Merit: 100


View Profile
May 19, 2014, 10:42:22 PM
 #12

Thanks for sharing your opinions .
I see most said USB and Android device.

But what if your USB drive lost or corrupted.
OR same with android device. I guess referring to android phone and taking backup in external SD card store. What if your phone lost?
Even local hard disk can be crash , corrupted or infected.

I believe paper wallet is safe  and blockchain wallet by enable auto backup in it.

Correct if i am wrong.


Ron~Popeil
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
May 20, 2014, 03:03:52 AM
 #13

http://coldpi.com/ is a pretty cool option. I haven't tried it yet but I will be looking for something as my supply grows valuable enough to need protecting.  Cool

TalkTalk
Newbie
*
Offline Offline

Activity: 38
Merit: 0


View Profile
May 20, 2014, 03:15:31 AM
 #14

Interesting from Xapo https://xapo.com/#home
saddambitcoin
Legendary
*
Offline Offline

Activity: 1610
Merit: 1004



View Profile
May 20, 2014, 03:19:17 AM
 #15

I store my bitcoins in a pepper wallet, which I sprinkle out from time to time kind of like dust...creating spicy transactions

MNDan
Full Member
***
Offline Offline

Activity: 287
Merit: 101



View Profile
May 20, 2014, 03:23:52 AM
 #16


I recommend you go to https://www.bitaddress.org/ and create a BIP38-encrypted wallet - then you don't have to worry so much about hiding the wallet. Just don't forget your password!

This is what I am doing:

Creating and loading the wallet -

1) Save to my HD the bitaddress.org URL for generating BIP-38 encrypted paper wallets.
2) Create a LINUX LiveCD for booting from a flash drive for a fresh, offline OS.
3) Disconnect computer from the internet, boot into LiveCD, and generate my encrypted paper wallet via the bitaddress.ord URL (running standalone).
4) Save the wallet off as a PDF and also print multiple copies. Since it's encrypted, I can have a few copies and keep them multiple places and the PDF will also be available if the paper fades or is destroyed.
5) Reboot regular OS and head out to the exchange.
7) Send my bitcoin to the public key of my paper wallet, starting with a small amount and confirming it got there via blockchain.info.

Getting bitcoin back out of the wallet -

1) Using the block chain app on my android tablet, scan the encrypted private key of the paper wallet (I could also use the bitaddress.org code offline to decrypt it manually also).
2) The app will ask for the key I used to BIP-38 encrypt the private key - type in the password used to encrypt it and the wallet's bitcoin will be accessable.
3) Sweep the wallet into my blockchain online wallet.
4) Send any bitcoin that I don't want to keep online into a new paper wallet, created in the same way I created the first one (might not be necessary - see 3).
Light
Hero Member
*****
Offline Offline

Activity: 742
Merit: 502


Circa 2010


View Profile
May 20, 2014, 03:54:00 AM
 #17

Cold storage using a secondary air gapped computer to sign my txs with Electrum. Encrypted version of the seed stored on paper and USBs and a few on cloud services with 2FA activated. Unless my password is cracked (which is unlikely) I should be fine - I don't reuse that password ever so it's nearly impossible to compromise.
CEG5952
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500

Buy and sell bitcoins,


View Profile
May 20, 2014, 04:57:34 AM
 #18

I keep everything on 3rd party web wallets. I use a password with both letters and numbers. What could possibly go wrong?

Divinespark
Hero Member
*****
Offline Offline

Activity: 938
Merit: 501



View Profile
May 20, 2014, 05:07:18 AM
 #19

Paperwallet, small spending amounts in an online wallet

.AMEPAY..
█  FAST
█  CONVENIENT
█  SECURE
▄▄█████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄█████████▀▀▄▀▀█████████▄

▄██████▄▄█▀ ▀█▄▄██████▄
███████  ▀▀█▄██▀▀▄███████
███████ █ ▄ █ ▄▀▀▄███████
████████ █ █ █ ▄▀▀▄████████
▀█████████▄█ █ ▄██████████▀
▀████████  ▀▀▀  ████████▀
▀█████████████████████▀
▀██
███████████████▀
▀▀█████████▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
||$600,000
worth of AME
.
!
▄▄█████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄█████████▀▀▄▀▀█████████▄

▄██████▄▄█▀ ▀█▄▄██████▄
███████  ▀▀█▄██▀▀▄███████
███████ █ ▄ █ ▄▀▀▄███████
████████ █ █ █ ▄▀▀▄████████
▀█████████▄█ █ ▄██████████▀
▀████████  ▀▀▀  ████████▀
▀█████████████████████▀
▀██
███████████████▀
▀▀█████████▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
TrailingComet
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250


View Profile
May 20, 2014, 10:15:47 AM
 #20

Large positions in offline paper wallet
I don't use online, web wallets usually

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

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!