Silk Road forums

Discussion => Security => Topic started by: czxtvr on March 07, 2013, 12:40 am

Title: Any Suggestions On A Safe Place To Keep BTC other Than SR ?
Post by: czxtvr on March 07, 2013, 12:40 am
Hey guys i'm looking for a safe place to store my bitcoins in other than SR... Any Suggestions??
Title: Re: Any Suggestions On A Safe Place To Keep BTC other Than SR ?
Post by: Jediknight on March 07, 2013, 03:16 am
Here,you can store them in this wallet:
15aU3mWBdm5MNPHa5nsz4huPPCNcHwCLnE

I'll keep them safe for you. . .

Seriously though,  get a desktop client wallet so you can store them on your computer.   Other ones are all online , but that's not as secure.  Another option is an account with a bit coin exchange.  You can store them there too.grt the wallet .  It's free software .
Title: Re: Any Suggestions On A Safe Place To Keep BTC other Than SR ?
Post by: signal16 on March 07, 2013, 07:48 am
 use bitcoin desktop wallet, use the encrypt wallet option, encrypt with passwd, and copy wallet.dat to an encrypted usb drive.  just dont forget your passwords.  and you can make multiple copies, in case you lose one.  you can also print them out on paper some how i was reading...  with a qrf code and everything :D
Title: Re: Any Suggestions On A Safe Place To Keep BTC other Than SR ?
Post by: XXXotica on March 07, 2013, 09:02 am
Offline wallet for sure, just make sure you create a wallet on a clean, virus/ malware free O/S(or a LiveUsb would be my recommendation to create one on), then make sure to make copies of your wallet.dat file as others have said
Title: Re: Any Suggestions On A Safe Place To Keep BTC other Than SR ?
Post by: Opioid on March 07, 2013, 10:31 am
I think SR is a good bitcoin wallet and they always fix bug problems fairly quickly with your Meds close at hand...lol
Title: Re: Any Suggestions On A Safe Place To Keep BTC other Than SR ?
Post by: Just Chipper on March 07, 2013, 03:44 pm
Hey guys i'm looking for a safe place to store my bitcoins in other than SR... Any Suggestions??

Well firstly I wouldn't consider a 3rd party holding my money in any sense safe.. that fact aside I would recommend an armory offline wallet if you really want the safest way to store your coins. You create a LiveUSB running Linux that has 0 networking and store the private keys for your wallet. This way you do whats called an offline transaction where you sign the transaction from the LiveUSB then using the Armory desktop client you send the coins. This way your private keys are never exposed to the network, and your coins are safe on a USB in a safety deposit box, safe, etc.
Title: Re: Any Suggestions On A Safe Place To Keep BTC other Than SR ?
Post by: medicineman684 on March 08, 2013, 07:57 pm
I don't see SR as a safe wallet. There have been week long site outages and realistically this site could disappear completely at any time with no notice. For large amounts definitely store in offline computer or paper wallet. For smaller amounts I prefer one of the many online wallets with 2 factor identification (I use blockchain.info)
Title: Re: Any Suggestions On A Safe Place To Keep BTC other Than SR ?
Post by: Trappy on March 08, 2013, 08:33 pm
You could store your coins in MY wallet... Though, some may become spent, and I may become high.
Title: Re: Any Suggestions On A Safe Place To Keep BTC other Than SR ?
Post by: masterblaster on March 08, 2013, 10:38 pm
Store them in your butt. No really, put your wallet on a usb and just jam em right up there. Give it a week or two and you'll be shitting gold.
Title: Re: Any Suggestions On A Safe Place To Keep BTC other Than SR ?
Post by: anonom on March 08, 2013, 11:51 pm
People always advise to use offline wallets.

If you don't know how to keep your operating system clean from virus then an ONLINE wallet will be most of the time more secured. Big BTC market places sometimes offer double auth (OTP and such) which makes it really hard to actually steal your password. The only way to steal you would be an intrusion on the market place server itself. And most of the time many things are encrypted and protected by multiple FW and other security procedures.

Do you think you can achieve the same level security on your crappy windows system ? Do you make regular backups ? What if your wallet.dat file gets corrupted ? What if your computer is physically stolen ?

It's not that easy to tell people to always prefer offline wallet since you have this betraying feeling of control over your money. Most of the time, if you are not an IT professionnal, that encrypted .dat file will not be that much hard to steal and decode. Get a list of serious online wallets, and then ask yourself if your IT proficiency is really better than what your online wallet service can offer.

I personnally trust my market place wallet for being highly secured at no cost or specific efforts. The simple fact that they offer double auth is very reassuring and displays a real concern to security for their customers.
Title: Re: Any Suggestions On A Safe Place To Keep BTC other Than SR ?
Post by: Just Chipper on March 13, 2013, 04:30 pm
People always advise to use offline wallets.

If you don't know how to keep your operating system clean from virus then an ONLINE wallet will be most of the time more secured. Big BTC market places sometimes offer double auth (OTP and such) which makes it really hard to actually steal your password. The only way to steal you would be an intrusion on the market place server itself. And most of the time many things are encrypted and protected by multiple FW and other security procedures.

Do you think you can achieve the same level security on your crappy windows system ? Do you make regular backups ? What if your wallet.dat file gets corrupted ? What if your computer is physically stolen ?

It's not that easy to tell people to always prefer offline wallet since you have this betraying feeling of control over your money. Most of the time, if you are not an IT professionnal, that encrypted .dat file will not be that much hard to steal and decode. Get a list of serious online wallets, and then ask yourself if your IT proficiency is really better than what your online wallet service can offer.

I personnally trust my market place wallet for being highly secured at no cost or specific efforts. The simple fact that they offer double auth is very reassuring and displays a real concern to security for their customers.

I don't think you understand how OFFLINE wallets work. This wallet will NEVER be online EVER! The only way someone can steal your private key is to physically steal the USB drive or paper wallet you printed out. It is impossible for someone to steal your coins remotely.
Title: Re: Any Suggestions On A Safe Place To Keep BTC other Than SR ?
Post by: czxtvr on March 14, 2013, 06:13 pm
thanks SR family...You guys have been very helpful.