Demlmann (OP)
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May 26, 2014, 08:25:12 PM |
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Hey guys, I bought a few bitcoins lately and am now wondering what is the safest way to store them? Is it enough to store them on a multibit-wallet, with the private keys backed up on a few usb-sticks? Or should I use Armory or something? Or even a paper-wallet? I just want to be ~99% sure not to lose my bitcoins, it's not much, but worth a lot to me ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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DubFX
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May 26, 2014, 08:26:33 PM |
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Maybe split them into 2 pieces and 1/2 on armory and 1/2 on printed into waterprooof foil sealed paper wallet ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Anduck
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quack
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May 26, 2014, 08:55:15 PM |
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If you want to just hold the bitcoins, or majority of them, I suggest you make a paper wallet. Paper wallets are easy to secure and when done correctly they're fully offline. There are some good guides on how to properly make a secure paper wallet. I've not used Armory but I've heard it's a very good solution too. Armory is especially good if you need to access the coins frequently.
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ShameOnYou
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May 26, 2014, 09:00:30 PM |
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I set up a wallet.dat on my offline computer. I made copies of the wallet.dat on 3 USB drives, sent myself the bitcoin address in a text file (so I could send coins directly to cold storage), then deleted the wallet.dat from the computer. Voila! On the USB drives and nowhere else. I keep them in 3 different physical locations.
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Finchy
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May 26, 2014, 10:20:44 PM |
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I keep my wallet.dat files offline and boot them on a comp I know to be safe.
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tatu
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May 26, 2014, 10:32:28 PM |
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Offline is always the way to go. Back them up on usbs and cds. Keep a little amount in a bloclchain.info wallet to spend or something.
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rajko00
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May 27, 2014, 10:25:50 AM |
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offline ''cold'' storage on 2-3 places (computes, usb stick, dvd...)
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NEM COIN - FUTURE IS HERE
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Soappa
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May 27, 2014, 04:31:45 PM |
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Hey guys, I bought a few bitcoins lately and am now wondering what is the safest way to store them? Is it enough to store them on a multibit-wallet, with the private keys backed up on a few usb-sticks? Or should I use Armory or something? Or even a paper-wallet? I just want to be ~99% sure not to lose my bitcoins, it's not much, but worth a lot to me ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Paper wallet correctly generated, with BIP 38 encryption is the safest IMO. Using multibit is alright as long as your machine is free of malware and hacking. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Brooker
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May 27, 2014, 04:40:26 PM |
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All of the options you suggested are good, but paper wallets are the most risky one I think. They can easily be damaged or become unreadable.
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Soappa
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May 27, 2014, 04:54:33 PM |
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All of the options you suggested are good, but paper wallets are the most risky one I think. They can easily be damaged or become unreadable.
You should always make a few backups, no matter you are using paper wallet, bitcoin-qt or multibit. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) You could then store them in several different safe places. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Gimmelfarb
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May 27, 2014, 06:19:41 PM |
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All of the options you suggested are good, but paper wallets are the most risky one I think. They can easily be damaged or become unreadable.
this is one of the main reasons that i don't like paper wallets. i do use them, but i never use them as the only form of media that i back up a wallet with. too much risk there.
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arif029
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May 27, 2014, 06:58:05 PM |
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Can anyone tell me why should I buy bitcoins, have there any guarantee for future ? I am interested about Gambling Advertising Network.
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Benjig
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May 27, 2014, 07:54:53 PM |
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If you have a considerably amount of btc, i mean 5 or more, i would be considering using a paper wallet, electronic devices are not always safe.. here is an example of paper wallet ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FwAhmRRDl.jpg&t=663&c=lGU8Cub3AlPoJw)
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Gimmelfarb
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May 27, 2014, 07:55:00 PM |
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Can anyone tell me why should I buy bitcoins, have there any guarantee for future ? I am interested about Gambling Advertising Network.
of course there is no guarantee. but there is a finite supply and a very strong network supporting it, so it is likely bitcoin will be worth much more than it is now. i have no idea what the Gambling Advertising Network is....
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Soappa
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 27, 2014, 08:04:23 PM |
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Can anyone tell me why should I buy bitcoins, have there any guarantee for future ? I am interested about Gambling Advertising Network.
of course there is no guarantee. but there is a finite supply and a very strong network supporting it, so it is likely bitcoin will be worth much more than it is now. i have no idea what the Gambling Advertising Network is.... There is also no guarantee that your fiat will have the same purchasing power in the future. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) If you check his post history, you will find that he is promoting that "Gambling Advertising Network" in all of his posts. https://bitcointalk.org/index.php?action=profile;u=212160;sa=showPosts
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Velkro
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May 27, 2014, 08:44:27 PM |
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![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fbitcoinvanitygen.com%2Fimg%2Fview.png&t=663&c=2AT6dJyu5iiCiA) only paper wallet, its like safe deposit box my tactic, make 3 copies of it, store in safest places only thats it, im using only sites from signature for buying/storing btc
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Gimmelfarb
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May 27, 2014, 08:51:49 PM |
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just be sure to make multiple back-ups of your wallets, preferably in multiple forms of media (e.g. paper wallet AND flash drive), and store them in *different* places. you wouldn't want all your back-ups in your house, and then your house burns down and..... poof. no more bitcoins for you. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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DubFX
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May 27, 2014, 09:37:34 PM |
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![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fbitcoinvanitygen.com%2Fimg%2Fview.png&t=663&c=2AT6dJyu5iiCiA) only paper wallet, its like safe deposit box my tactic, make 3 copies of it, store in safest places only thats it, im using only sites from signature for buying/storing btc Uhm beware of posting your private qr your funds may get stolen it happen on TV already if i'm not mistaken. Someone just scanned the QR and violla!
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roslinpl
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May 27, 2014, 09:51:42 PM |
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Hey guys, I bought a few bitcoins lately and am now wondering what is the safest way to store them? Is it enough to store them on a multibit-wallet, with the private keys backed up on a few usb-sticks? Or should I use Armory or something? Or even a paper-wallet? I just want to be ~99% sure not to lose my bitcoins, it's not much, but worth a lot to me ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) well... you should read for example this thread: https://bitcointalk.org/index.php?topic=549603.0you will find out what seems to be best for you.
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