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Author Topic: Bitcoin vault cube !!! Save your Bitcoins for 10 years  (Read 4957 times)
Bitdonator (OP)
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November 24, 2014, 09:35:42 AM
 #1

Just found this interesting video on youtube.
http://www.youtube.com/watch?v=-mmt9JHmKss



Idea 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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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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onewiseguy
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November 25, 2014, 04:05:29 AM
 #2

saw the video going to make one for my self. and hopefully bitcoin is worth$$$$$$
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November 26, 2014, 12:20:09 AM
 #3

Drywall Cube to protect your Bits!  (changetip got me convinced to talk in bits).

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November 26, 2014, 11:31:57 AM
 #4

Bitcoin Time Capsule!
Bitdonator (OP)
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November 26, 2014, 07:14:48 PM
 #5

Bitcoin Time Capsule!

Something like that  Cheesy
I will make one for me soon.
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November 26, 2014, 07:18:54 PM
Last edit: November 26, 2014, 07:54:18 PM by redsn0w
 #6

Wooow , very nice work !  It is really awesome  Cheesy.

Sent a tip to him , I hope he enjoy it Smiley .
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November 27, 2014, 07:58:26 PM
 #7

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. Smiley

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beber456
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November 30, 2014, 10:15:33 PM
 #8

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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December 01, 2014, 05:18:09 AM
 #9

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) Cheesy
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December 01, 2014, 01:51:45 PM
 #10

With mostly of improvement and accept circumstance on every shop online. yes the value of bitcoin will be worth $$$ on future.
Bitdonator (OP)
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December 04, 2014, 08:40:04 PM
 #11

Actualy, its great idea to save anything in this way (gold, money, other valuable items)  Smiley
Golden Ratio
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January 19, 2015, 05:10:31 PM
 #12

interesting tutorial.
I will try to make something like this for longterm saving
Fargo
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January 19, 2015, 05:23:03 PM
 #13

Why not just buy a safe?

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January 19, 2015, 08:58:59 PM
 #14

Interesting idea. Would never do it though.
psybits
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January 21, 2015, 05:45:10 PM
 #15

Just found this interesting video on youtube.
http://www.youtube.com/watch?v=-mmt9JHmKss



Idea is to save BTCBTCBTC for  10 years.
Block reward will be halved 2 times and mining diff.
will be very high


Thanks for sharing. I would totally do this.
Bitdonator (OP)
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February 20, 2015, 05:23:15 PM
 #16

Just found this interesting video on youtube.
http://www.youtube.com/watch?v=-mmt9JHmKss



Idea is to save BTCBTCBTC for  10 years.
Block reward will be halved 2 times and mining diff.
will be very high


Thanks for sharing. I would totally do this.

I already make two cubes. One for BTCBTCBTC,
and other for altcoins  Cool
croato
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February 21, 2015, 02:27:00 AM
 #17

Great video and awesome idea. I will make one for me as retirement fund lol. Thank you mate for sharing.
psybits
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March 17, 2015, 11:57:36 PM
 #18

Just found this interesting video on youtube.
http://www.youtube.com/watch?v=-mmt9JHmKss



Idea is to save BTCBTCBTC for  10 years.
Block reward will be halved 2 times and mining diff.
will be very high


Thanks for sharing. I would totally do this.

I already make two cubes. One for BTCBTCBTC,
and other for altcoins  Cool

Ha ha nice  Grin
robertgoss
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March 18, 2015, 01:28:31 AM
 #19

its a great idea ... hope after 10 years it goes not to the moon but to mars it will be really awesome Cheesy
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March 18, 2015, 10:18:52 AM
 #20

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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