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Author Topic: OVERVIEW: BITCOIN HARDWARE WALLETS █████████████████ Secure your Coins  (Read 117387 times)
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OROBTC
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September 07, 2016, 06:35:51 PM
 #681

...

Is there any news (or better yet reviews) of the Digital Bitbox?  They are now on sale.  Cost: $50 + $11 shipping = $61.

https://digitalbitbox.com/

I saw sometime ago a small discussion of this device, what I (seem to) like about it is that looks very simple and easy-to-use (important for me).  When I last looked into it, they wrote that there would be no firmware updates required (good IMO).


If anybody has used it, were the instructions clearly written?
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October 24, 2016, 04:58:07 PM
 #682

Hi guys, I just wanted to post this here before anywhere else....

We've been hard at work optimizing our production, so I can now announce

ALL BITLOX HARDWARE WALLETS NOW 50% OFF IN PRICE

Yes, you read that right. Everybody loves the wallets when I show them at the deacons, but the one thing people said was holding them back was the price.

Well, we've taken this to heart and for a LIMITED TIME, all products have 50% off!!

So our entry 6061 alloy cased wallet, with 2" e-paper screen and FULL KEYPAD, plus USB and BLE is now only $98

Ninety-eight beans you read that right.

Titanium is now $148 - holy cow!

The Extreme privacy set including a military-level encrypted USB drive with TAILS pre-installed is $198. Holy frijoles, that's over $200 bucks off the previous price of $399,

Anyways, sorry to sound like such a used car salesman, I just thought I'd share this with you guys first.  Grin

You can find us at bitlox.com - Get 'em before we run out of stock at this price!

Dana


(to be completely transparent - shipping of $26 FedEx/TNT is not included in these prices - just so you know)

BITLOX™ - The Security to be Free
BitLox.com
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February 02, 2017, 10:17:55 AM
 #683

i have one direct question to the experts.

i got 1 week ago 2 ledger nano S,can use those wallets to store an larger amount of btc like 20-25 for example?How secure are my coins?is more secure i keep on blockchain or on ledger?

what u will recomend me to do if i store large coins on my ledger?

thanks Smiley
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February 02, 2017, 10:05:05 PM
 #684

i have one direct question to the experts.

i got 1 week ago 2 ledger nano S,can use those wallets to store an larger amount of btc like 20-25 for example?How secure are my coins?is more secure i keep on blockchain or on ledger?

what u will recomend me to do if i store large coins on my ledger?

thanks Smiley


Yes, sure.  The Ledger Nano can hold very large amount of Bitcoin.  I doubt there is a "capacity" per se, there may be some kind of storage limits (perhaps like number of transactions it can store, etc.), but I don't know.

Ask Ledger via their website.  They are friendly!
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February 03, 2017, 05:39:10 AM
 #685

i have one direct question to the experts.

i got 1 week ago 2 ledger nano S,can use those wallets to store an larger amount of btc like 20-25 for example?How secure are my coins?is more secure i keep on blockchain or on ledger?

what u will recomend me to do if i store large coins on my ledger?

thanks Smiley

With no doubt , Its secure more then the blockchain.info and yes you can store any amount you would like to without being afraid of anything. Unlike desktop or online wallets , hardware wallets have security as their first priority , If you are going to use your bitcoins on a daily or weekly basis then It's a good idea to store them there , If you are just holding for the long term then a cheaper alternative as Paper wallet would be fine.

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February 03, 2017, 10:14:56 AM
 #686

i have one direct question to the experts.

i got 1 week ago 2 ledger nano S,can use those wallets to store an larger amount of btc like 20-25 for example?How secure are my coins?is more secure i keep on blockchain or on ledger?

what u will recomend me to do if i store large coins on my ledger?

thanks Smiley

With no doubt , Its secure more then the blockchain.info and yes you can store any amount you would like to without being afraid of anything. Unlike desktop or online wallets , hardware wallets have security as their first priority , If you are going to use your bitcoins on a daily or weekly basis then It's a good idea to store them there , If you are just holding for the long term then a cheaper alternative as Paper wallet would be fine.


thank you for your reply.

im confused about that 24 words seed?Hows generated?Does any one other can have same seed?How it works to be unique only for me?
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February 03, 2017, 11:03:06 PM
 #687

i have one direct question to the experts.

i got 1 week ago 2 ledger nano S,can use those wallets to store an larger amount of btc like 20-25 for example?How secure are my coins?is more secure i keep on blockchain or on ledger?

what u will recomend me to do if i store large coins on my ledger?

thanks Smiley

With no doubt , Its secure more then the blockchain.info and yes you can store any amount you would like to without being afraid of anything. Unlike desktop or online wallets , hardware wallets have security as their first priority , If you are going to use your bitcoins on a daily or weekly basis then It's a good idea to store them there , If you are just holding for the long term then a cheaper alternative as Paper wallet would be fine.


thank you for your reply.

im confused about that 24 words seed?Hows generated?Does any one other can have same seed?How it works to be unique only for me?

I wouldn't go to the Ledger thread but since this thread is for bitcoin hardware discussion then let's discuss here.
How much is the storage of that wallet? How many transaction can that handle? Or what are the limits?
About the seeds it is pretty interesting because there are lots of seeds but the order can "bruteforced" but I have no idea for further things.

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March 19, 2017, 11:47:01 PM
 #688

Both Trezor and Ledger Nano S can store an infinite number of bitcoins. There are no limits with HD hardware wallets. The security of your bitcoin private keys is your concern and depends on you keeping your 24 word seed safe. So don't do anything that could help a thief steal your private keys.

Don't store your seed online even encrypted. Don't store your seed on your computer or phone period. Write it on paper and keep in a safe or safety deposit box. The security measures you take is up to you, depends on how many bitcoin you own and your personal circumstances. Not everyone has access to a safety deposit box.

You can add a layer of protection by using a passphrase along with your seed but only if you are capable of remembering the passphrase. If you forget your passphrase your seed is useless and your bitcoin are gone, really gone.

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