Bitdonator (OP)
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November 24, 2014, 09:35:42 AM |
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Just found this interesting video on youtube. http://www.youtube.com/watch?v=-mmt9JHmKssIdea is to save BTCBTCBTC for 10 years. Block reward will be halved 2 times and mining diff. will be very high
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onewiseguy
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November 25, 2014, 04:05:29 AM |
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saw the video going to make one for my self. and hopefully bitcoin is worth$$$$$$
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frankenmint
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HoneybadgerOfMoney.com Weed4bitcoin.com
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November 26, 2014, 12:20:09 AM |
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Drywall Cube to protect your Bits! (changetip got me convinced to talk in bits).
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srmojuze
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November 26, 2014, 11:31:57 AM |
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Bitcoin Time Capsule!
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Bitdonator (OP)
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November 26, 2014, 07:14:48 PM |
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Bitcoin Time Capsule!
Something like that I will make one for me soon.
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redsn0w
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#Free market
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November 26, 2014, 07:18:54 PM Last edit: November 26, 2014, 07:54:18 PM by redsn0w |
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Wooow , very nice work ! It is really awesome . Sent a tip to him , I hope he enjoy it .
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stevenh512
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November 27, 2014, 07:58:26 PM |
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Interesting idea, but I doubt it would hold up to a "brute force" attack by anyone who realizes what's inside, I've installed my fair share of drywall and I know gypsum is pretty easy to break. I'd suggest instead of marking it with a Bitcoin logo or something similar (as seen on the video), just leave the cube plain with no identifying marks. Better yet, if you can sculpt, make the mold in a different shape to disguise the whole thing as a small decorative statue. Overall I don't think it's a bad way to store your money long-term as long as you don't make it obvious what's inside. Definitely better than leaving a paper wallet lying around where it could be stolen or photographed. edit: It would be cool (but pretty obvious that it holds money) to make a mold in the shape of a "piggy bank", bonus points if you can seal the film canister inside while leaving enough hollow space to actually drop coins in through the top.
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beber456
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November 30, 2014, 10:15:33 PM |
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Great video, nice idea. Let's build a house with it lol Personnally i prefer something more easy to moove and 10 is too long for me, i gonna need it before , for sure
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srmojuze
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December 01, 2014, 05:18:09 AM |
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So 50 years from now someone will be digging in your backyard, find a paper wallet for like 1BTC and it will be worth 1 Billion USD (which will be just enough for a loaf of bread in 50 years time, assuming USD still exists)
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Amevalentine
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December 01, 2014, 01:51:45 PM |
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With mostly of improvement and accept circumstance on every shop online. yes the value of bitcoin will be worth $$$ on future.
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Bitdonator (OP)
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December 04, 2014, 08:40:04 PM |
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Actualy, its great idea to save anything in this way (gold, money, other valuable items)
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Golden Ratio
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January 19, 2015, 05:10:31 PM |
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interesting tutorial. I will try to make something like this for longterm saving
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Fargo
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January 19, 2015, 05:23:03 PM |
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Why not just buy a safe?
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▬▬▬▬▬▬▬▬▬▬▬▬▬ ● ● ▬▬▬▬▬▬▬▬▬▬▬▬▬
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jsmit332
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January 19, 2015, 08:58:59 PM |
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Interesting idea. Would never do it though.
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psybits
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January 21, 2015, 05:45:10 PM |
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Thanks for sharing. I would totally do this.
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Bitdonator (OP)
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February 20, 2015, 05:23:15 PM |
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Thanks for sharing. I would totally do this. I already make two cubes. One for BTCBTCBTC, and other for altcoins
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croato
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February 21, 2015, 02:27:00 AM |
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Great video and awesome idea. I will make one for me as retirement fund lol. Thank you mate for sharing.
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psybits
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March 17, 2015, 11:57:36 PM |
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Thanks for sharing. I would totally do this. I already make two cubes. One for BTCBTCBTC, and other for altcoins Ha ha nice
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robertgoss
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March 18, 2015, 01:28:31 AM |
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its a great idea ... hope after 10 years it goes not to the moon but to mars it will be really awesome
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medUSA
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--Signature Designs-- http://bit.ly/1Pjbx77
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March 18, 2015, 10:18:52 AM |
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If you are VERY serious about saving your bitcoin for 10 years. You can try to make a transaction with "nLockTime" at a block height 10 years in the future. IMO, 10 years is too extreme. One or two years is more practical. Here is an old thread on the "nLockTime" topic: https://bitcointalk.org/index.php?topic=131443.0
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