benjemen (OP)
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May 31, 2014, 11:47:15 PM |
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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bitmarket.io
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June 01, 2014, 12:30:32 AM |
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lol. what a piece of junk. you could have just used a piece of paper instead and that would of been free. |
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benjemen (OP)
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June 01, 2014, 12:34:24 AM |
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Go and use a piece of paper then troll.
What type of paper do trolls use anyway?
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bitmarket.io
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June 01, 2014, 12:39:57 AM |
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Go and use a piece of paper then troll.
What type of paper do trolls use anyway?
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benjemen (OP)
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June 01, 2014, 12:45:21 AM |
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chanberg
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June 01, 2014, 01:17:10 AM |
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wow it actually exists lol
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klokan
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June 01, 2014, 04:27:42 AM |
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lol. what a piece of junk. you could have just used a piece of paper instead and that would of been free. You use piece of paper with Trezor as well. It is even included in the package. But unlike paper, this device can sign transactions, generate multiple addresses using bip32 and bip44 deterministic wallets. Your address is pin protected or even secured with the passphrase (with plausible deniability of you holding any bitcoin). If you have your private key paper backup, you will eventually enter it into a computer that is connected to internet. You may be an computer expert and you can keep it secure. If that is the case, then I awe you. Many people can't be sure but they would still like to use Bitcoin. This device is really easy to use so even non-expert can do that. 400AUD is a bit more than the preorder price, but I expect that the retail price will be much lower (I may be wrong. we will see in a month). Don't buy if you don't care about the "First edition" engraving on the back of the device. |
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benjemen (OP)
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June 01, 2014, 07:40:46 AM |
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TBH I cannot remember exactly what the AUD price was when I purchased it. It was definitely $100+ per btc. I remember it being higher before they cut the pre-orders which was always 3btc. I would like what I paid for it. I dont have the capacity to generate coin these days.
No pricing from trezor at this stage. They probably will be cheaper. I dont think by much considering the competition.
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klokan
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June 01, 2014, 09:53:34 AM |
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TBH I cannot remember exactly what the AUD price was when I purchased it. It was definitely $100+ per btc. I remember it being higher before they cut the pre-orders which was always 3btc. I would like what I paid for it. I dont have the capacity to generate coin these days.
No pricing from trezor at this stage. They probably will be cheaper. I dont think by much considering the competition.
I'm sorry, you are right. BTC was in range 85-210 USD during the preorder period. It started at approx 120 and when it rised to 200 in November, preorders were closed. So you might have paid 400AUD equivalent or more depending on the date of purchase. |
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BitCoinDream
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The revolution will be digital
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June 01, 2014, 09:59:46 AM |
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The very concept of hardware wallet to secure bitcoin is vague in my opinion. You just need to secure a private key and a paper does it best. A hardware wallet is easily identifiable and it may get snatched. But that is not the case of a paper. Even if it is lost/stolen, with a backup, u can immediately transfer the fund to another paper, like now u do when your credit card is stolen. Having a hardware wallet is nothing but an extra baggage with no added advantage. |
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chrisrico
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June 01, 2014, 06:01:44 PM |
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The very concept of hardware wallet to secure bitcoin is vague in my opinion. You just need to secure a private key and a paper does it best. A hardware wallet is easily identifiable and it may get snatched. But that is not the case of a paper. Even if it is lost/stolen, with a backup, u can immediately transfer the fund to another paper, like now u do when your credit card is stolen. Having a hardware wallet is nothing but an extra baggage with no added advantage.
Can you spend your bitcoins with your piece of paper? Oh, you have to import the private key onto a potentially insecure computer first? Well that sucks, you don't have to do that with a hardware wallet! |
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rammy2k2
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Merit: 1003
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June 01, 2014, 10:26:55 PM |
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so whats the price ? im not intrested to visit ebay
shipping from where ?
escrow ?
details ... not just a damn link
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bitmarket.io
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June 02, 2014, 01:57:09 AM |
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Who knows. There could be a back door on that thing. The second you connect it to a computer and it detects a connection, you're fucked. You just never know. I mean the people that made this stuff aren't saints. I don't trust anyone.
Simply have a cold and hot wallet. Use armory for cold wallet. Store bulk there. Store 1-5% of your coins in a hot wallet you frequently use and can sign and do stuff with.
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klokan
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June 02, 2014, 05:14:19 AM |
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Who knows. There could be a back door on that thing. The second you connect it to a computer and it detects a connection, you're fucked. You just never know. I mean the people that made this stuff aren't saints. I don't trust anyone.
Simply have a cold and hot wallet. Use armory for cold wallet. Store bulk there. Store 1-5% of your coins in a hot wallet you frequently use and can sign and do stuff with.
You have to trust someone. You trust guys who made Armory and you trust yourself that you can secure your cold wallet. If you don't build bitcoin sw you always have to trust someone... |
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sillywhim
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June 02, 2014, 06:16:17 AM
Last edit: June 02, 2014, 06:33:20 AM by sillywhim |
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I also briefly considered selling my Trezor on ebay too, but didn't because:
a. wanted to give slush/stick a chance
b. slush created this thing and slush pool is respected ergo mytrezor wallet ain't gonna disappear (I hope)
c. it's a really cool looking and performing device. and right now it is rare.
d. trezor's recovery words on paper provide offline assurance ala paper wallet
e. works securely on keylogged and hacked computers at say internet cafes or your grandma's house
f. trezor software is open source
Right now, trezor only works at mytrezor.com's wallet. I'd rather have it integrated with my imac's bitcoin-qt. Dunno if any wallet developer will spend time doing the integration with trezor device without bitcoin compensation or something more than free trezors. It's gonna be a long wait.
I'd pay plenty extra if a password manager like 1password put in trezor integration for initial login or encryption/decryption.
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K1773R
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/dev/null
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July 31, 2014, 02:09:00 AM |
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I also briefly considered selling my Trezor on ebay too, but didn't because:
a. wanted to give slush/stick a chance
b. slush created this thing and slush pool is respected ergo mytrezor wallet ain't gonna disappear (I hope)
c. it's a really cool looking and performing device. and right now it is rare.
d. trezor's recovery words on paper provide offline assurance ala paper wallet
e. works securely on keylogged and hacked computers at say internet cafes or your grandma's house
f. trezor software is open source
Right now, trezor only works at mytrezor.com's wallet. I'd rather have it integrated with my imac's bitcoin-qt. Dunno if any wallet developer will spend time doing the integration with trezor device without bitcoin compensation or something more than free trezors. It's gonna be a long wait.
I'd pay plenty extra if a password manager like 1password put in trezor integration for initial login or encryption/decryption.
Armory will implement TREZOR support |
[GPG Public Key]BTC/DVC/TRC/FRC: 1 K1773RbXRZVRQSSXe9N6N2MUFERvrdu6y ANC/XPM A K1773RTmRKtvbKBCrUu95UQg5iegrqyeA NMC: N K1773Rzv8b4ugmCgX789PbjewA9fL9Dy1 LTC: L Ki773RBuPepQH8E6Zb1ponoCvgbU7hHmd EMC: E K1773RxUes1HX1YAGMZ1xVYBBRUCqfDoF BQC: b K1773R1APJz4yTgRkmdKQhjhiMyQpJgfN
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