How many backup copies have you for the wallet ?

[Meuh6879]

[MakeBelieve]

I have 4 copies in different locations but thats only for my cold storage wallet.

[BitCoinDream]

I have 4 copies in different locations but thats only for my cold storage wallet.

That is risky, because if one is in the wrong hand, others become useless. I'd prefer to have only one that is well secured.

[MakeBelieve]

I have 4 copies in different locations but thats only for my cold storage wallet.

That is risky, because if one is in the wrong hand, others become useless. I'd prefer to have only one that is well secured.

They are all in secure places and I have got that many because of event of fires etc.

[DubFX]

Depends on the coin, few of no copies, but i have these most valuable backuped on usb key.

[MakeBelieve]

Depends on the coin, few of no copies, but i have these most valuable backuped on usb key.

is the usb encrypted? I want to look into the possibility of using a encrypted usb.

[unpure]

Just two copies.

One store as a paper wallet, the other on the usb drive.

[DubFX]

Depends on the coin, few of no copies, but i have these most valuable backuped on usb key.

is the usb encrypted? I want to look into the possibility of using a encrypted usb.

Nope it isn't as i'm not dealing with big ammounts of bitcoins/altcoins at the moment it's summer so i try to have as little stress as possible.
But if you would be going to encrypt it then i recommend truecrypt.

[MakeBelieve]

Depends on the coin, few of no copies, but i have these most valuable backuped on usb key.

is the usb encrypted? I want to look into the possibility of using a encrypted usb.

Nope it isn't as i'm not dealing with big ammounts of bitcoins/altcoins at the moment it's summer so i try to have as little stress as possible.
But if you would be going to encrypt it then i recommend truecrypt.

Yeah I've looked into it and will probably use truecrypt if I ever decide on using a encrypted usb but I'm worried about hardware failure.

[Frijj]

Three copies, but I wouldn't keep them on those piece of shit cheap usbs. Buy some decent ones.

[MakeBelieve]

Three copies, but I wouldn't keep them on those piece of shit cheap usbs. Buy some decent ones.

What do you call decent? If it's plugged into a computer which is infected with a virus or is connected to the internet it's possible the Bitcoin might get stolen no matter how expensive the usb is unless it's encrypted.

[DubFX]

Depends on the coin, few of no copies, but i have these most valuable backuped on usb key.

is the usb encrypted? I want to look into the possibility of using a encrypted usb.

Nope it isn't as i'm not dealing with big ammounts of bitcoins/altcoins at the moment it's summer so i try to have as little stress as possible.
But if you would be going to encrypt it then i recommend truecrypt.

Yeah I've looked into it and will probably use truecrypt if I ever decide on using a encrypted usb but I'm worried about hardware failure.

Well, it may happen anytime so either buy some of more expensive and durable keys not the cheap ones or/and have an paper wallet and put it into that kind of plastic. 

[Predictbtc]

Yeah, like 2 copies, depends how much bitcoins you have, if you have only few than you wont be making like 5 -7 copies :}

[Bitcoins101]

Depends on the coin, few of no copies, but i have these most valuable backuped on usb key.

is the usb encrypted? I want to look into the possibility of using a encrypted usb.

Nope it isn't as i'm not dealing with big ammounts of bitcoins/altcoins at the moment it's summer so i try to have as little stress as possible.
But if you would be going to encrypt it then i recommend truecrypt.

Yeah I've looked into it and will probably use truecrypt if I ever decide on using a encrypted usb but I'm worried about hardware failure.

Here's what I recommend for large amounts of coin:

Go on eBay or Amazon or whatever and buy a 5 USB sticks. Should run you like $25. Buy different ones/brands.

Encrypt 3 of them with Truecrypt. Store each in a different location.
Leave 2 unencrypted and store them together in a safe and secure location. Your home is a fine bet, unless you are worried about the government breaking in and stealing your money. However, you can always destroy these in that worst case scenario and still have 3 other options, so you're probably safe keeping the 2 unencrypted USBs at home.

Also, if you have a CD or DVD, toss your private keys on their too. It's a good idea to have more than one type of storage.

Last, but not least: memorize your private key.

[NavalStrike]

I have only one copy of my wallet and imo that's enough

[seandaniel]

Only have 1 copy because i don't have much btc in my wallet

[LiteCoinGuy]

I have 4 copies in different locations but thats only for my cold storage wallet.

That is risky, because if one is in the wrong hand, others become useless. I'd prefer to have only one that is well secured.

They are all in secure places and I have got that many because of event of fires etc.

same here. couple of encrypted usbs. only one copy is not a good choice.

[DubFX]

I have only one copy of my wallet and imo that's enough

You will be crying and blaming yourself later if you will loose your coins

[MakeBelieve]

I have 4 copies in different locations but thats only for my cold storage wallet.

That is risky, because if one is in the wrong hand, others become useless. I'd prefer to have only one that is well secured.

They are all in secure places and I have got that many because of event of fires etc.

same here. couple of encrypted usbs. only one copy is not a good choice.

Finally someone who agrees I think just having one defeats the point of having a backup. It can be easily destroyed by natural disasters and so which often occur in some countries.

[Bitcoins101]

I have only one copy of my wallet and imo that's enough

You will be crying and blaming yourself later if you will loose your coins

He has 5 posts. Doubt he has very much.