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Author Topic: How would you store >100 Bitcoins?  (Read 42320 times)
williamj2543
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September 15, 2014, 11:21:30 PM
 #361

I wouldn't post it on here  Grin
Probably spread them out to 10 wallets, so if 1 gets compromised, its only 10% of your wealth, and no one knows you own 100 btc

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BTCulture
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September 16, 2014, 12:27:29 AM
 #362

Definitely buy a trezor and bury it 6 feet under.
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September 16, 2014, 01:08:35 AM
 #363

If I am setting BTC aside I would store it in a offline cold storage wallet since I (probably) won't be using it much anyway, it is safe to set aside. I will have a separate wallet, on my PC for my hot wallet for spending/receiving purposes.

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September 16, 2014, 02:04:33 AM
 #364

Definitely buy a trezor and bury it 6 feet under.

Leave a USB cable sticking an inch out of the ground, so you can hook your laptop up to it when you need it Cheesy
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September 16, 2014, 04:17:27 AM
 #365

Definitely buy a trezor and bury it 6 feet under.

Leave a USB cable sticking an inch out of the ground, so you can hook your laptop up to it when you need it Cheesy
This would kind of defeat the point of having it buried.
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September 16, 2014, 05:10:45 AM
 #366

As long as you can keep the recovery seed in a safe place, I think you would be ok storing the entire 100BTC on mytrezor.   I would split it up amongst several wallets and clients though.   Some online and accessible, and most offline and inaccessible.   I like mytrezor because it is a nice hybrid in between because you can use the website as a watch only wallet.  

I saw this start up project (I don't remember where I read it), but the company was going to store the private keys encrypted on a vinyl record.   As a DJ (who used to use vinyl before serato and mp3s), I think it is a cool idea.   The only problem is that vinyls take up a lot of space and can easily melt if around too hot of temperatures...
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September 16, 2014, 05:44:20 AM
 #367

As long as you can keep the recovery seed in a safe place, I think you would be ok storing the entire 100BTC on mytrezor.  
You would also need to protect the seed in a way that you would protect a paper wallet containing 100 BTC. If someone were to gain access to the seed then it would be very easy for them to steal your bitcoin.
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September 16, 2014, 06:46:49 AM
 #368

 the safest protection for your wealth is nobody knowing about it
LitcoinCollector
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September 16, 2014, 07:28:36 AM
 #369

95 BTC in cold storage, 5 BTC per address (19 addressen)

1 BTC online (maybe even less), to spend at for instance a cafe with your phone.

2 Core + password protect + safe wallet.dat file (to pay for something / gamble a bit)

2 Multibit + password protect + safe wallet.dat file (to pay for something / gamble a bit)

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September 16, 2014, 07:49:46 AM
 #370

I would put 70 bitcoin in deep cold storage, 25 in simple usb sticks cold storage, and the rest on a lightweight client.
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September 17, 2014, 01:23:02 AM
 #371

As long as you can keep the recovery seed in a safe place, I think you would be ok storing the entire 100BTC on mytrezor.   I would split it up amongst several wallets and clients though.   Some online and accessible, and most offline and inaccessible.   I like mytrezor because it is a nice hybrid in between because you can use the website as a watch only wallet. 

I saw this start up project (I don't remember where I read it), but the company was going to store the private keys encrypted on a vinyl record.   As a DJ (who used to use vinyl before serato and mp3s), I think it is a cool idea.   The only problem is that vinyls take up a lot of space and can easily melt if around too hot of temperatures...
If you are going to keep the recovery seed in a "safe" place then you might as well keep a paper wallet in a "safe" place as this is essentially what the seed would be in written form. At least with a paper wallet you could use BIP38 encryption to prevent theft in the event someone were to get their hands on the paper wallet

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September 25, 2014, 07:19:34 AM
 #372

Maybe invest in some bitcoin gaming sites which is ran by a bitcoin nerd that I can pay thru bitcoin.
BlackHawk23
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September 25, 2014, 07:24:07 AM
 #373

I'd use multiple wallets. 
Don't reach a limit go over 3-4  BTC in each wallet. And store your wallet in a safest place.
grandFX
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September 25, 2014, 08:57:54 AM
 #374

my advice
do not store your btc just using one wallet
but store your bitcoin in some place the wallet.
Jerome?
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October 06, 2014, 11:30:13 AM
 #375

Store maybe in different wallets?

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maurya78
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October 06, 2014, 11:37:01 AM
 #376

Spread across 5 to 10 offline wallets. I like paper wallets. Save the paperwallets well.
Keep some spending coins in "hot" wallets but make sure this is no more than you know you are gonna need to transact

BrunesBTC45
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October 09, 2014, 01:49:44 AM
 #377

my advice
do not store your btc just using one wallet
but store your bitcoin in some place the wallet.

This might be a good advice but with a big amount like, that will be a little confusing.
BIGbangTheory
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October 10, 2014, 02:18:46 AM
 #378

Spread across 5 to 10 offline wallets. I like paper wallets. Save the paperwallets well.
Keep some spending coins in "hot" wallets but make sure this is no more than you know you are gonna need to transact
spreading your bitcoin across multiple wallets is very risky and will give you a false sense of security. You will likely employ the same kind of security measures across each wallet so if one gets compromised they all will likely be compromised
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October 13, 2014, 02:15:16 PM
 #379

put wallet.dat on a thumbdrive, put in a condom and insert in your ass  Grin

safe for 'most' people  Grin

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October 13, 2014, 02:46:48 PM
 #380

I won't  Store 100 BTCs,because in that case the risk is too big,First of all, bitcoin price is not stable, may be drop,second,It is difficult to  store bitcoins safely,you must beware of hacker attack every day.

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