How would you store >100 Bitcoins?

[merchantofzeny]

Most people I know mostly only have multiple online wallets with 2-step authentication enabled. Guess they don't have a lot of btc to safeguard yet.

I've read about paper wallets but they seem quite complicated (plus they're paper). If I have as much btc as OP is suggesting, I'd probably just use a hardware wallet. From my understanding you would just need a dumb pc to set it up.

For now, poor me would have to bear with OL wallets.

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[uchma7]

Storing a huge amount of bitcoin in a single wallet doesn't sound wise to me. The smart thing to do in my opinion would be to split the coins into parts and store in different wallet and not failing to apply other necessary security precaution.

[Yutard]

I have 93 btc. Trying to work back to 100. Got some equip for ltc minning, so sold some.

I have 2 paper wallets in safety deposit bank and 1 hot wallet for bills and dust in my laptops.

No other copies of stuff in bank. I figure if the bank falls down a sinkhole then it is proof
The asic miner gods hate me. No issues the paper wallet private keys have never been used.
I simply add whatever I can to an address. I figured 52 on first one. Now trying to
Build up 2nd one up and over 50 again.

No fuss no mess and got a huge safety deposit box for $65 bucks a year

How safe is the deposit box. Can the staff take a copy of the paper wallet?

[Decoded]

I don't nearly have 100 bitcoin, but I have a decent sum, for someone my age. I have 3 bitcoin.

With 100 bitcoin, I would save 60 of it into a full set of Genesis coins, 10 bitcoin in each. Another 30 will go to a cryptosteel wallet generated offline, and 10 would go into my Ledger HW.1.

[CoinCidental]

I have 93 btc. Trying to work back to 100. Got some equip for ltc minning, so sold some.

I have 2 paper wallets in safety deposit bank and 1 hot wallet for bills and dust in my laptops.

No other copies of stuff in bank. I figure if the bank falls down a sinkhole then it is proof
The asic miner gods hate me. No issues the paper wallet private keys have never been used.
I simply add whatever I can to an address. I figured 52 on first one. Now trying to
Build up 2nd one up and over 50 again.

No fuss no mess and got a huge safety deposit box for $65 bucks a year

How safe is the deposit box. Can the staff take a copy of the paper wallet?

A copy of the wallet is useless to any thief if bip 38 encryption is  used...

[susila_bai]

I have 93 btc. Trying to work back to 100. Got some equip for ltc minning, so sold some.

I have 2 paper wallets in safety deposit bank and 1 hot wallet for bills and dust in my laptops.

No other copies of stuff in bank. I figure if the bank falls down a sinkhole then it is proof
The asic miner gods hate me. No issues the paper wallet private keys have never been used.
I simply add whatever I can to an address. I figured 52 on first one. Now trying to
Build up 2nd one up and over 50 again.

No fuss no mess and got a huge safety deposit box for $65 bucks a year

How safe is the deposit box. Can the staff take a copy of the paper wallet?

A copy of the wallet is useless to any thief if bip 38 encryption is  used...

But still it means that only the paper wallet like paper currency is the most safest way of securing the bitcoins, that is why it is told that fiat currency wont vanish it will still be their only thing is it will change to bitcoin paper will take place on fiat paper currency.

but i will prefer to use desktop wallet as even if the wallet is not their and until i am holding the passphrase i can rebuild the old wallet and get my address and use it.

[Sithara007]

Storing as much as BTC100 in a single wallet is not a good idea. If I had BTC100 with me, then I would split them in to ten different wallets than storing all of them in a single wallet.

[carlisle1]

maybe i'll divide it into two or three parts and I'll use a separate and a different wallet I'll store one or two part/s of it to a cold wallet and the other will be on the hot wallet or web wallet . I don't think that I'll be forgetting the passwords/codes although they have different codes I'll make sure that I can easily remember it and I don't mind those hackers I'll also make sure that my computer will be secured .

[ChrisPop]

You should use TREZOR as it is a very safe solution even if it costs $99,but if you have 100 btc that shouldn't be a problem. It cannot be affected by malware and trezor is also an "isolated environment for offline transaction signing and using a small display you can visually verify the transaction contents. That's why all operations using TREZOR are entirely safe." You can check for more info on their site: https://bitcointrezor.com/

Alternatively you can use a paper wallet but that is not very practical,but it is very safe. If you want to keep them in hot wallets I would split the bitcoin in several desktop wallets on multiple devices. This way you minimize the risk of being hacked/infected with malware.

[bitbunnny]

This is a lot of coins and if I had them I wouldn't store them just in one wallet. I would divide it into smaller sums kept in at least 5 different wallets and well secured. From time to time I would change them otherwise I wouldn't sleep peacfuly.

[Yutard]

This is a lot of coins and if I had them I wouldn't store them just in one wallet. I would divide it into smaller sums kept in at least 5 different wallets and well secured. From time to time I would change them otherwise I wouldn't sleep peacfuly.

I will do the same.

[GMPoison]

Assuming I wanted to store >100 bitcoins for cold storage, I would use encrypted 5-of-7 multisig paper wallets entrusted in various locations. No matter what amount of bitcoin, if you want to keep it truly safe, that's what I always recommend for cold storage.  

[Soros Shorts]

Storing as much as BTC100 in a single wallet is not a good idea. If I had BTC100 with me, then I would split them in to ten different wallets than storing all of them in a single wallet.

Why? That's 10 different wallets you need to keep track of. You might make a mistake handling so many wallets. For example, if you were dealing with 10 similarly named Bitcoin core wallet.dat files you might accidently backup one twice and forget to backup another.

[mombay]

Split them into differents offline wallet, and when you need to spend them, send bitcoins from offline wallet to an online one, and use them.

[Searing]

Me its the KISS principal keep it simple stupid (me ie: stupid) mine like hell...hold what you can..put it in a paper wallet(s) 3 in a safety
deposit box in a water proof pouch in case sprinklers go off or something dumb like that..
 got brother the other key....(must watch brother when it hits 20k a btc note to self) ONLY him and/or me in..unless
we both get hit by a truck then usual other relatives called in....

Thus if the Bank gets swallowed up in a large sinkhole or a meteorite hits it ..it will simply prove the asic mining gods hate me (knc titans are evil beasts
that try to brick themselves often) and it was not meant to be...

so pretty simple system.......baring ..... galactic overlords taking over the earth...zombie apocalypse....or the sinkhole dream i have occasionally (shudder)

Always add to the BTC addresses in the safety deposit boxes...NO transactions OUT Ever to this point in time...or all goes into a virgin wallet again

(so far no problems with that yet)

Then again the excitement of BTC rising to the moon to 3k by the end of the year as others claim..that much joy will likely kill me with happiness on watching
such a moon shot in price

seems to have worked well since Oct 18th 2013 when BTC was exactly 150 usd  on that date out of my baby KNC 550gh Jupiter miner I think it may have
been even at a 1 btc per day rate...(why ...why...did I only buy ONE!!!!!!)

alas

[VeneVici]

Make separate physical wallets and separate the coins among them

Make backup of them just in case

And put them where no one would ever think such thing would be found, like among old books or among useless paper

When I read that I think I found a possible GENIUS idea: print the physical wallets half their scales and glue them to a page of a random book from your bookshelf. Remember the books' color and make sure there is no other book of that color in the bookshelf or just mark it so only you know that it's the "safe" one, and put it back in the shelf. Even if a thief comes and throws away all the books, the chances will be VERY small for that book to open exactly at the page they're glued!

[chairul.muttaqin]

Split them into differents offline wallet, and when you need to spend them, send bitcoins from offline wallet to an online one, and use them.

Yes that is right, offline wallet is secure enough. If he has a good spec of computer, he should use bitcoin wallet with full sync client. The advantages is we will have all transaction data in bitcoin network, help to secure bitcoin network and this is the most secure one wallet also the privacy is really good too.

[Harlot]

I don't know if it will be ideal at all. I mean even if you create 1 wallet for each 10 BTC, isn't that not so safe? Because you need to manage 10 accounts which means you need to handle 10 passwords? For me thi is also risky. Maybe converting your Bitcoin into Fiat is a safe bet because you can put your Fiat into a bank which is more safer than any wallet.

[sportis]

According the big amount of bitcoins I believe the best solution is opendime bitcoin sticks. The advantage of these sticks is if you want to use the private key is that there is if private key revealed there is no way the opendime to be used again (sent many times, spend only once). After that I could buy not only one but a number of these and I could divide the number of bitcoins for each one of them. At last I would go to the local bank store. I would lend a bank deposit and I would keep all the sticks in this deposit. I believe it's an excellent solution for someone with many bitcoins and is cheap (every pack of 3 devices costs about $40). https://opendime.com/

[BingoDog]

Probably the solution would be to store the coins in the multiple different wallets. The worst decision would be to keep bitcoins just in one place. And not to use online wallets.
But I guess I will never have such big amount of bitcoins, although I want to, so I will be not having such problems.