|
shapeshiftscam
|
 |
February 10, 2017, 02:44:56 PM |
|
I store my altcoins which current market cap is more than 100 BTC in my local wallet, aks QT wallet, altcoin has lighter blockchain, therefore we can get easier storage. Sometimes I store my coins on Poloniex, which I think is very secure, because I have complex password and 2FA protected, theoretically our accounts won't be hacked with 2FA protection.
|
|
|
|
|
|
|
|
|
|
Whoever mines the block which ends up containing your transaction will get its fee.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
DoublerHunter
|
|
February 10, 2017, 02:48:22 PM |
|
100 Bitcoin is a small but serious amount of money from it and it needed a serious attention especially on keeping or storing it. You can store that 100 bitcoins on a paper wallet which is safe because it is offline but risky because it is made up of paper which is very risky if something liquid will be poured on that paper wallet. There are a lot of ways to store your bitcoin, you can also try trezor which is very popular and many already said that trezor wallet is trustworthy and safe.
|
|
|
|
|
abel1337
Legendary
 Offline
Activity: 2464
Merit: 1145
FOCUS
|
|
February 10, 2017, 02:53:26 PM |
|
100 Bitcoin is a small but serious amount of money from it and it needed a serious attention especially on keeping or storing it. You can store that 100 bitcoins on a paper wallet which is safe because it is offline but risky because it is made up of paper which is very risky if something liquid will be poured on that paper wallet. There are a lot of ways to store your bitcoin, you can also try trezor which is very popular and many already said that trezor wallet is trustworthy and safe.
I agree , trezor wallet is good for me. Actually I am using trezor wallet , I am satisfied with its security. But storing a 100 btc need more security. Maybe it is depending on your choice. Many wallets are good it's just , you need to know how you can hide or protect your transactions. |
|
|
|
|
|
BingoDog
|
|
February 10, 2017, 06:35:20 PM |
|
I would consider myself very rich if I had that amount of bitcoins. So, this is big amount and should be carefuly stored so I wouldn't choose just one wallet but multiple ones, combination of hard wallet and online wallet. I would also change my security information very often and be careful not to get infected with malware.
|
malaj
|
|
|
jdmorgan
Member
Offline
Activity: 71
Merit: 10
|
|
February 10, 2017, 07:09:36 PM |
|
100 BTC is a quite reasonable amount of money.
If you do not need them in a short period, maybe I'll keep them in a paper wallets (at least 20 different addresses).
|
|
|
|
|
|
ko0ll0ove
|
|
February 11, 2017, 01:31:58 AM |
|
Of course for now 100 bitcoins is a really big amount. The wallet I currently use is coinbase and I trust them. I would enable 2FA and transfer the money to their vault. If you guys don't know coinbase vault is like a security where a person can store bitcoins and in order to withdraw it he needs 2FA , 2 email verification. If somehow he is able to all 3 he still has to wait for 48 hours no matter what and during those 48 hours coinbase will message me and email me that I have withdrawn so I can easily cancel it.
I agree, I store all of my cryptocurrency in online wallets and coinbase is the main system that I store almost my money. Lets say if I have 100BTC, I still store all in just 1 wallet because I think the security of those online wallet are trustable, they strong enough for me to believe in. Although there are some problems in their process but its not make me feel uncomfortable at all, because I know that my money is secured. |
|
|
|
|
|
HarringtonStark
|
|
February 11, 2017, 06:56:46 AM |
|
You should split them into multiple trusted bitcoin wallets. I use Xapo, Coinbase and Blockchain. I do this so that hackers would not be able to steal all of my Bitcoins incase a security breach happened. Most wallets have cold storage options and I make use of that feature.
|
|
|
|
|
virasisog
|
|
February 11, 2017, 10:34:06 AM |
|
I think its better to keep it on a different wallets divide it into 10-15 wallets and save or take note each of each password incase if forgotten .Also for sure for having 100 bitcoins you have 2 or more Desktop or laptop to make it sure save in a personal computer that is not publically used on transactions ,and any activities on web.
|
|
|
|
|
1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
|
|
February 11, 2017, 10:47:24 AM |
|
You should split them into multiple trusted bitcoin wallets. I use Xapo, Coinbase and Blockchain.
It doesn't matter in how many different online wallet services you store your coins, they will remain at risk. Online wallets must be avoided when it comes to storing your coins. Offline storage where you are the only entity that owns your private keys is the only correct way. I do this so that hackers would not be able to steal all of my Bitcoins incase a security breach happened.
Ok, so you're fine with accepting the risk of possibly having your coins stolen at just one of these online wallet services if that turns out to happen? It's basically the same as calculated collateral damage... Most wallets have cold storage options and I make use of that feature.
Even if so, then still you aren't the only entity with access to your coins. Nothing protects you from an insider theft. |
|
|
|
|
|
paul gatt
|
|
February 11, 2017, 10:53:32 AM |
|
I think the kind for offline is the most optimal choice for you, it will help you reduce the risk of hackers, and other threats of information technology. However, when you use for offline, you need to ensure your storage device is stable, your data is always safe and not lose if they crash. If you do not do that, all your money will be lost, it would be useless and no one can use it
|
|
|
|
|
|
barnes13
|
|
February 11, 2017, 10:54:08 AM |
|
I will share it in few wallet, if I use online wallet, why as an online wallet have a higher risk for hacked, but if I use a desktop or hardware wallet will keep in all in one wallet, Security of Dekstop or Hardware wallet is in our hand and that's more secure than Online wallet.
|
|
|
|
|
|
DomainMagnate
|
|
February 11, 2017, 10:57:42 AM |
|
I would prefer 10 bitcoins on 10 different online wallets I.e 1 on each and for remaining 90 btc I would use 45 different offline wallets to keep them.
But if I had 100 wallets,I would only save 10 for future and sell 90 of them so that I can buy back at low price.
|
|
|
|
|
|
ko0ll0ove
|
|
February 11, 2017, 12:56:44 PM |
|
I would prefer 10 bitcoins on 10 different online wallets I.e 1 on each and for remaining 90 btc I would use 45 different offline wallets to keep them.
Maybe that method will help you avoid hacker or online wallet sever crashed. But I'm still afraid of being lost those 45 different offline wallets due to some unwanted reasons. But if I had 100 wallets,I would only save 10 for future and sell 90 of them so that I can buy back at low price.
Thats a good idea if the bitcoin price go down. But when the price rise just after you sold and never down back is a tragedy. |
|
|
|
|
|
nikona
|
|
February 11, 2017, 01:02:49 PM |
|
I would prefer 10 bitcoins on 10 different online wallets I.e 1 on each and for remaining 90 btc I would use 45 different offline wallets to keep them.
Maybe that method will help you avoid hacker or online wallet sever crashed. But I'm still afraid of being lost those 45 different offline wallets due to some unwanted reasons. But if I had 100 wallets,I would only save 10 for future and sell 90 of them so that I can buy back at low price.
Thats a good idea if the bitcoin price go down. But when the price rise just after you sold and never down back is a tragedy. I think one offline wallet for most of the BTC should do the trick and along with that, a small amount that you would use for your daily purposes in a separate online wallet. Which could either be some website you trust or just a desktop wallet like multibit. |
|
|
|
|
|
The_Dark_Knight
|
|
February 14, 2017, 02:45:45 AM |
|
I will probably store 10BTC on 10 different paper wallets that way if for some reason I lost one of the wallets I will not lose all of my money, I will also keep some copies in different places just in case, there is some kind of natural disaster.
Don't you think if you do that you will feel harder to store you paper wallet... lets say that you store 10 papers in 10 different places so you have to note that where you put it and of course you have to keep it safe all the time. Or you can keep all of them in 1 place so you may lost it all in one time. So, what do you think about using online wallet? We could argue about that. I still want to know your idea because I'm looking for the best solution. Cheers! You could have 2 sets of paper wallets, you could store the originals in your home, and you could store the 2 set of copies in the house of a family member, your lawyer, a security box or bury it underground that way if one of the sets of copies was compromised you will still have the other copies and you will have access to your coins. |
|
|
|
|
yakpimp
Newbie
Offline
Activity: 57
Merit: 0
|
|
February 14, 2017, 03:12:25 AM |
|
I made a physical wallet using an NFC chip which holds the Private Keys, it works great. Not sure about the read lifetime though, but since I never read it I think it would be good.
|
|
|
|
|
Siftanfib
Newbie
Offline
Activity: 30
Merit: 0
|
|
February 14, 2017, 04:03:08 AM |
|
I will store my coins in many places like paper wallet and cold wallet etc. Paper wallet will always with me, for cases like fleeing the country.  |
|
|
|
|
BitcoinGirl.Club
Legendary
Offline
Activity: 2772
Merit: 2713
Farewell LEO: o_e_l_e_o
|
|
February 14, 2017, 04:11:57 AM |
|
I will store my coins in many places like paper wallet and cold wallet etc. Paper wallet will always with me, for cases like fleeing the country. Lol  maybe I would just store a third of them on a web wallet another third on a desktop wallet and lastly a hardware wallet. By doing it this way I know I can't lose all my bitcoins |
|
|
|
|
ImHash
|
|
February 14, 2017, 04:16:14 AM |
|
There are no needs for going through all the troubles to store bitcoins in hardware wallets and paper wallets, all you need to do is to create a txt document generate 10 bitcoin addresses and paste each one with private key next to it in the txt file and then send 10 bitcoins to each address. Finally make 3 copies and upload one to cloud storage, print one as a PDF (paper wallet) and save the last one in your hard drive just make sure to put the 2 online versions in a zip file with password. If you think there is any convenient way then follow that way. I made a physical wallet using an NFC chip which holds the Private Keys, it works great. Not sure about the read lifetime though, but since I never read it I think it would be good.
NFC chips are vulnerable to electric shocks(EMP) and remote theft(hijacking). |
|
|
|
|
|
coynedterm
|
|
February 14, 2017, 04:28:01 AM |
|
Not that I have that many (I wish!), but how would you store >100 Bitcoins? The easy answer is just to say "create 1 offline/cold wallet and put them all in". But what about risk management? IE how do you store a very large value of coins while managing risk against hackers, forgetting passwords, the obvious need for at least 1 hot wallet, portability, easy of use, house fires, EMP bomb's (lol), or if a foreigner had to flee a country while taking no assets etc etc. I'm looking for real responses and ideas. Please keep the trolling to a minimum I think instead to go for the offline or cold storage put your bitcoin in the bitcoin adress directly . I mean store your 4-5 bitcoin in one adress and then export its private key and also make backup of your adress . After all these work , you need to place your bitcoin private key at a safe place , if you will do the same as I say then you will be able to manage your bitcoin in any amount .And also you will never loss bitcoin due to forget password because private key is your key of handle everything from any best wallet whether you are using blockchain or myscellium . |
|
|
|
|
