Cold storage - Bitcoin Wiki

[ Bitcoin ] Help -I’m just looking for the cheapest option to store my bitcoin and Monero on the same cold storage device !

[ 🔴 DELETED 🔴 ] Topic originally posted in Bitcoin by OmwtoproMycolagist [link]
Help -I’m just looking for the cheapest option to store my bitcoin and Monero on the same cold storage device !
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Help -I’m just looking for the cheapest option to store my bitcoin and Monero on the same cold storage device ! (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Cold Storage Options? (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

What advantage does a Pi4 full node with Electrum Server on the same LAN with a desktop running Electrum, have over a desktop running Bitcoin Core full node and wallet? (optionally if you plan on using a Ledge S as cold storage)

submitted by llb42 to Electrum [link] [comments]

Multisignature cold storage secures bitcoin against many of the threats of self custody, but most open source options are too technical and difficult to use privately. This changes today.

Multisignature cold storage secures bitcoin against many of the threats of self custody, but most open source options are too technical and difficult to use privately. This changes today. submitted by unchainedcap to Bitcoin [link] [comments]

There is no limit to the price of Bitcoin. It's the same at $1000 as it is at $100,000.

One of the most fascinating features of Bitcoin is that the value is determined by the community. It is worth simply as much as someone is willing to pay for it. There is NO difference between BTC valued at $1000 to over $100k. Many are mistaken that it's cold hard fiat that determines the market cap (saying the total market cap could be over 1 trillion to 10s of trillions in the future because of X,Y,Z analysis), when in reality, human emotions are the biggest catalysts. THERE IS NO LIMIT TO WHAT THE PRICE OF BITCOIN CAN REACH. People selling their crypto (especially at these prices) are un-doing the decentralization progress that has been made. Large institutions are buying your precious coins. They would not be buying if they the didn't KNOW it would be worth more in the future. Do not give your coins away.
In 2013, the community surrounding cryptocurrency was overwhelmingly bullish. Most everyone was extremely confident that the price of Bitcoin was going to continue to rise as it had been for years. Most were BUYING. That is because early investors were well-versed in the technology and genuinely believed in it's revolution. Very few (5-10 a year??) developments sustained HUGE growth spurts in the price. Bitcoin's price continued to rally until it came to a halt. From then until roughly 2017, people were scarred from the dramatic "collapse" and anticipated a fall each time it tried to break free. I feel that same sentiment now...
If you hold any cryptocurrency, it is in your best interest and the better interest of the entire ecosystem, that you spread hope and optimism for a decentralized future. You can do this by studying the technology and by analyzing real-world current events. This is THE time and THE innovation to take us through a revolution. Until we have ~90% of us optimistic and confident that the price will RISE, it won't. Those of you that are spreading doom or getting into piss parties with other coin holders are toxic and do not belong here.
Satoshi was adamant that an ecosystem that garners community support and involvement has no limits to what it can become. I believe that we get back what we put in. As a small little minnow in the community, ways i like to help is assisting people to purchase their first bitcoin, cold-storage options, explaining the technology and how it will change the future, and you all can do this too!
Amazing what has been accomplished in the last 9 years! They didnt think we'd break $50, $1000, 10k,.... there literally is no limit to what bitcoin could be in the coming years.
Again, if you don't believe this, this is not for you.
See you all on the future island~
submitted by cbdexcode to CryptoCurrency [link] [comments]

Bitcoin "Deep Cold Storage" Explained For Beginners! (w/ demo of a titanium metal plate backup option)

Bitcoin submitted by stellarowl12 to Bitcoin [link] [comments]

(Product review) A great and affordable option for Bitcoin wallet cold storage.... Cryptotag Zeus titanium metal plate!

(Product review) A great and affordable option for Bitcoin wallet cold storage.... Cryptotag Zeus titanium metal plate! submitted by stellarowl12 to Bitcoin [link] [comments]

PSA: If you have Bitcoins worth a significant amount. Use a storage option that provides security proportional to it. Read; cold storage.

Can't get hacked if your keeping your wallet on a piece of paper under your bed. Or a usb wallet thats not connected to anything.
submitted by Xavieros to Bitcoin [link] [comments]

Keyois Capsules, Bitcoin cold hard storage piggybank, removed legacy bitcoin payment option

for the foreseeable future, we may reenable it in a while, but right now I keep all the payments and I Don't really want the legacy coin.
submitted by ProfBitcoin to btc [link] [comments]

Keyois Capsules, Bitcoin cold hard storage piggybank, removed legacy bitcoin payment option /r/btc

Keyois Capsules, Bitcoin cold hard storage piggybank, removed legacy bitcoin payment option /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

PSA: If you have Bitcoins worth a significant amount. Use a storage option that provides security proportional to it. Read; cold storage. /r/Bitcoin

PSA: If you have Bitcoins worth a significant amount. Use a storage option that provides security proportional to it. Read; cold storage. /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Cold Storage options /r/Bitcoin

Cold Storage options /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Best cold storage options /r/Bitcoin

Best cold storage options /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

I have some btc on an offline cold storage. And was looking to get it off the paper wallet and into something more secure. What are my best options? /r/Bitcoin

I have some btc on an offline cold storage. And was looking to get it off the paper wallet and into something more secure. What are my best options? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

03-29 17:01 - 'I have a keepkey and a trezor. What security option is missing in the keepkey? I like both hardware wallets trezor has been around for many years and has been a trusted cold storage. Keepkey is new so it will take some time...' by /u/Astrocity1981 removed from /r/Bitcoin within 0-2min

'''
I have a keepkey and a trezor. What security option is missing in the keepkey? I like both hardware wallets trezor has been around for many years and has been a trusted cold storage. Keepkey is new so it will take some time, however the seed recovery option is better than the trezor. Keepkey uses rotating cipher recovery method because of the large screen. Keepkey is now 100 dollars so both options are good.
'''
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Author: Astrocity1981
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It's beginning to feel a lot like 2017. Some useful reminders and advice for new comers.

Hype and increasing prices will undoubtedly attract new investors, HODLers, and gamblers. Regardless of how long you've been in crypto, below are a few pieces of information (or reminders) you should consider.
  1. We're still early. Cryptocurrency, including bitcoin, is still in its infancy. Because of this, we will continue to see headlines of hacks, exchange closures, big name investors coming into the space, major institutional adoption, and everything in between. Until crypto is regulated (for better or worse) and even after, there will be bad actors attempting to steal your cryptocurrencies. To that end, think twice when hearing about 'deals' or investments that seem too good to be true. They probably are.
  2. Protection. I often see questions regarding the storage of cryptocurrencies. Not to oversimplify, but as a user, you have ~3 choices to store your cryptocurrency. In order of most secure to least secure:
    1. Cold Storage - From wikipedia: Cold storage refers to storing Bitcoins/Cryptos offline and spending without the private keys controlling them ever being online. This resists theft by hackers and malware, and is often a necessary security precaution especially dealing with large amounts of Bitcoin. If you aren't comfortable manually storing your private key, physical hardware wallets are your best alternative. When possible, buy direct from the manufacturer to avoid any tampering to your new device.
      1. https://trezor.io/
      2. https://www.ledger.com/
    2. Hot Wallets - From investopedia: The difference between a hot wallet and a cold wallet is that hot wallets are connected to the internet, while cold wallets are not. Hot wallets can be installed onto your mobile device and/or your web browser. Similar to cold storage, these hot wallets will 'store' your crypto and will be accessed to send/receive tokens, execute smart contracts, and conduct other transactions. There are many options to choose from, but MetaMask is as close to an industry standard as it comes, and the developer has recently implemented an ERC-20 token swap function. Again, download directly from the developer if you can.
      1. https://metamask.io/
    3. Exchanges - Exchanges certainly have their own purpose, most notably as an on and off ramp for your fiat currency (e.g., US Dollar, etc). However, when you read headlines like "Bitcoin Hacked for 10 million dollars!" what they usually mean is, a centralized exchange that holds users' cryptocurrencies was hacked and bitcoin was extracted from the exchange's storage. For this reason, exchanges are considered to be less safe than your Hot Wallet and Cold storage alternatives.
  3. Don't be greedy. This is easier said than done, and many veteran traders have learned this the hard way -- some still haven't learned. When prices are only going up, you're going to feel like a million bucks. But things dont go up forever. Ever. (Unless it's the Fed's balance sheet.. har har). Point being, it's okay to take profits along the way up. I guarantee you'll have an opportunity to re-buy those same tokens at a cheaper price, and you'll enjoy them even more the second time around.
  4. Don't spend more than you can afford. Hopefully this goes without saying, but the crypto space is extremely volatile. It is not uncommon to lose your entire investment with just one wrong token/ICO/scam. To that end; just use your common sense. It sounds easy, but when you're making money, sometimes it's hard to see the cliff at the end of the road.
  5. Keep learning. I joined the crypto space because I saw an opportunity to make money. It's been a wild ride, and I've learned a lot more than I've gained (from a monetary perspective). What i didn't expect to happen, was to open pandora's box when it comes to what Bitcoin (specifically) aimed to solve. My thirst for knowledge only expanded when I learned of the opportunity space Ethereum was trying to fill. Compound that with the immutability of blockchain technology, DeFi, smart contracts, data oracles, (and the list goes on); now I'm completely hooked. It's clear to me that blockchain will revolutionize the way we function on the global scale. But many are just now beginning to learn about bBitcoin, and we're ahead of the curve. Which leads me back to point number 1; we're still early.
Sorry for rambling on here; I'm sure more veteran HODLers have already X'd out of this post, which is fine. They likely don't need this information as they have learned these same tips along their own journeys. But for newcomers to the space, I wish I had this foundational knowledge from the get go. Don't be afraid to ask questions on this sub. With the recent implementation of MOON tokens (this is a whole 'nother topic), I've personally noticed more downvotes than normal. But awareness and understanding is critical to adoption, so don't be turned off if you don't get an answer to your questions immediately. There is a wealth of knowledge scattered across the internet, and still a lot of smart people on reddit who are willing to help.
submitted by myhaxdontwork to CryptoCurrency [link] [comments]

Bitcoin Newcomers FAQ - Please read!

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
It all started with the release of the release of Satoshi Nakamoto's whitepaper however that will probably go over the head of most readers so we recommend the following videos for a good starting point for understanding how bitcoin works and a little about its long term potential:
Some other great resources include Lopp.net, the Princeton crypto series and James D'Angelo's Bitcoin 101 Blackboard series.
Some excellent writing on Bitcoin's value proposition and future can be found at the Satoshi Nakamoto Institute.
Some Bitcoin statistics can be found here and here. Developer resources can be found here. Peer-reviewed research papers can be found here.
Potential upcoming protocol improvements and scaling resources here and here.
The number of times Bitcoin was declared dead by the media can be found here (LOL!)

Key properties of Bitcoin

Where can I buy bitcoins?

Bitcoin.org and BuyBitcoinWorldwide.com are helpful sites for beginners. You can buy or sell any amount of bitcoin (even just a few dollars worth) and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also check out the bitcoinity exchange resources for a larger list of options for purchases.
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy OTP Auth
Android Android N/A
iOS iOS iOS

Watch out for scams

As mentioned above, Bitcoin is decentralized, which by definition means there is no official website or Twitter handle or spokesperson or CEO. However, all money attracts thieves. This combination unfortunately results in scammers running official sounding names or pretending to be an authority on YouTube or social media. Many scammers throughout the years have claimed to be the inventor of Bitcoin. Websites like bitcoin(dot)com and the btc subreddit are active scams. Almost all altcoins (shitcoins) are marketed heavily with big promises but are really just designed to separate you from your bitcoin. So be careful: any resource, including all linked in this document, may in the future turn evil. Don't trust, verify. Also as they say in our community "Not your keys, not your coins".

Where can I spend bitcoins?

Check out spendabit or bitcoin directory for millions of merchant options. Also you can spend bitcoin anywhere visa is accepted with bitcoin debit cards such as the CashApp card. Some other useful site are listed below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Spendabit, Overstock and The Bitcoin Directory Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg and Dell For all your electronics needs
Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, LivingRoomofSatoshi, Coinsfer, and more Bill payment
Menufy, Takeaway and Thuisbezorgd NL Takeout delivered to your door
Expedia, Cheapair, Destinia, Abitsky, SkyTours, the Travel category on Gyft and 9flats For when you need to get away
Cryptostorm, Mullvad, and PIA VPN services
Namecheap, Porkbun Domain name registration
Stampnik Discounted USPS Priority, Express, First-Class mail postage
Coinmap and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. If you would prefer to keep it simple there are several good options. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
WorkingForBitcoins, Bitwage, Cryptogrind, Coinality, Bitgigs, /Jobs4Bitcoins, BitforTip, Rein Project Freelancing
Lolli Earn bitcoin when you shop online!
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
/GirlsGoneBitcoin NSFW Adult services
A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins.

Bitcoin-Related Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network Second layer scaling
Blockstream, Rootstock and Drivechain Sidechains
Hivemind and Augur Prediction markets
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
JoinMarket and Wasabi Wallet CoinJoin implementation
Coinffeine and Bisq Decentralized bitcoin exchanges
Keybase Identity & Reputation management
Abra Global P2P money transmitter network
Bitcore Open source Bitcoin javascript library

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
bitcoin BTC 1 bitcoin one bitcoin is equal to 100 million satoshis
millibitcoin mBTC 1,000 per bitcoin used as default unit in recent Electrum wallet releases
bit bit 1,000,000 per bitcoin colloquial "slang" term for microbitcoin (μBTC)
satoshi sat 100,000,000 per bitcoin smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $10000 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit.
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BitcoinFan7 to Bitcoin [link] [comments]

(Canada) My experience with WealthSimple Crypto

I thought WS Crypto might be an easy way to invest in Bitcoin without having to worry about security. But now that I've tried it, I suggest -- don't bother.
Here's my experience:
  1. I had to create a new WealthSimple Trade account, and add my bank accounts again, because the Trade platform is not linked to WealthSimple Invest in any way (if you are already an existing Invest customer).
  2. Must download Android/iPhone app, because you can't use WealthSimple Trade in browser.
  3. You need to create a WS Crypto account. This is a process of checking "I agree" to 10+ warnings that your Bitcoin may disappear, because WealthSimple does not have faith in the Cold Storage service that is being used to hold your crypto, and they want to clear themselves of all legal responsibility if your crypto should go missing.
  4. Deposit funds: you must wait 5 business days before you can start trading! Even thought your bank account is already withdrawn after the first day.
  5. Buying Bitcoin: there is a 1.7% spread from market price (so on CA$1000, that's a CA$17 fee).
  6. To buy Bitcoin, you need to accept more legal disclaimers that WS is not responsible for any loses.
  7. Selling Bitcoin: there is a 2.2% spread from market price (so on CA$1000, that's a $22 fee).
  8. Withdrawing: wait 2 to 5 business days for the funds to appear in your bank account.
So you're looking at a long wait and a ~4% fee on a trade.
While I waited 5 days for my funds to clear, I missed the 8% growth last week re: PayPal news.
So if you're in Canada, here's what I've been using instead:
  1. Order a Trezor: now only EUR 59 (about CA$93). Make sure it's from Trezor website, because otherwise it could have compromised security.
  2. Sign up at https://coinsquare.com and go through the Identification process. It takes a little bit of time, but once you're identified, everything else is fast.
  3. Fund CoinSquare account: my Interac E-Transfers clear within 12-24 hours now, much faster than WS Trade. Right now, E-Transfer funding is free until Nov. 2, they have these promos every few months so take advantage of them (usually it's a 1.5% e-transfer fee).
  4. Buying Bitcoin: the fee is only 0.1 - 0.2%, way lower than WS Crypto. The rates seem to be reflective of the market price, they're not inflated. You can also set your own rate and wait, unlike WS Crypto which only offers a fixed rate.
  5. Storage: when your order is complete, transfer your crypto to your Trezor. Bitcoin withdraw fee is 0.0005 BTC (about CA$8.50). DO NOT leave your crypto on the exchange for a long period, because if you return in a few weeks/months, the exchange may no longer be solvent (although, CoinSquare is the most professional option in Canada so far).
  6. Sell & Withdraw: CoinSquare charges a 2% withdraw fee on direct deposit. But you can always sell your Bitcoin somewhere else instead -- in person, at a Bitcoin ATM, on another exchange, or altogether just use it to shop online. So because you control your crypto, there is no requirement to use this sell feature (unlike WS Crypto, where your custodian won't let you take the Bitcoin elsewhere, and you are forced to eat their sell fee).
submitted by BuildItMakeIt to Bitcoin [link] [comments]

Everyday info sec, hardcore info sec, and DNMs

Edit: Currently writing a new version of this, dont know when it will be done.
Edit: Since first post I have updated a few sections with additional information.
I recommend reading it all even if it is very long, I might have placed some relevant info in different sections while thinking about what else needed to be added, plenty of steps remains mostly the same except when I comment directly on it. It is not necessary to do 100% security all the time, unless you absolutely need it, combining some high and some lower security ideas for a balance of security and convenience is useful.
I will base this mostly on Windows, Linux users probably know this, and I have no idea how apple machines work (tho many things in here are still relevant for other operating systems, as they are just general tips)
Disclaimer: There are certainly other steps that can make you more anonymous or safer, however I think for most people this will surfice. Any software I recommend should be independently verified for security, and examples of software are not to be taken as endorsements. I simply use examples and give recommendations when I believe it necessary, or helpful.
I will not really differentiate between anonymity and security, they are often the same thing. As such the word security can mean either more anonymous, less vulnerable, or both.
--------
Everyday Simple Info Sec:
-There could be a hidden administrator user on your PC, make sure to change its password
(Snapchat msgs, reddit dms, discord msgs, are just a few examples of msgs that are never encrypted)
-Any info even send in encrypted msgs (and obviously non encrypted) should still be kept with possible deniability, don't say "I'm gonna do MDMA", say "I'm going out with molly."
-DO NOT STORE ANY PASSWORDS ON GOOGLE, IF GOOGLE LOGIN IS AUTHENTICATED IT WILL AUTFILL ALL PASSWORDS IT HAS SAVED (same with other similar services) (This means if you are logged in to chrome and someone has access to your machine, they can auto fill passwords without entering a single password)
-use a rememberable passphrase, especially for your master key ring aka password manager A long sentence that is memorable makes an okay password (decent example,: "I met my wife at Little Ceasers for the first time on 07/09/20" better even if it's just something you know, if its impersonal, and if you can add special characters or numbers that you won't forget) (A better example for a passphrase is: "There is 0nly 0ne letter that d0esn’t appear in any U.S. state nameQ")
-Purge your internet activity frequently, there's a reason why I only have one post, and a few comments appearing in my account, but thousands of kama. Exposing information needlessly is not good.
-Never post private information publicly, and if you do, do it vaguely as possible. (Example: Not "I'm 15", say "I'm a teenager") Do not post any vital information ever, no birthdays, mother's maiden name, age, or anything you have ever seen in a security question. Never post your current activities while they are ongoing. You going on a vacation? Don't announce it to the world, taking picture there? Post them when you are home.
-Rethink how you do security questions. Many answers to security questions can be found in your internet history. One could use the first word of the security question as an answer, or a different sceme that will mean you always remember it. (Security question need to go, the amount of personal info an average person puts on the internet makes it easy to attack anything using security question)
-------_
High level crimimal information security:
The motto here is, "All the Security, All the Time" As one fuck up can end with you leaving a lick of traceability, and you could be fucked.
Pre Note: All of your software should always be up to date. Also even perfect info sec does not guarantee you are completely safe, a new zero day (exploit) can still fuck you, but good info security makes you significantly safer, by eliminating as many attacks as possible.
-Get a new device (or make a already owned device seem like you never owned it, do this only if you know how to, there's a lot of stuff that goes into that, like changing your mac adress etc) buy with cash, and your face covered, preferably far away from where you live. (Do I need to specify to not bring your phone or anything else that tracks your location to anywhere you want to go anonymously?) (Be aware that even hardware can have vulnerabilities, many cpus have known vulnerabilities, I can't list them all, do some research before buying)
-If you know how to use Tails (A linux distro designed for Info sec) use that, preferably on a USB. (Or learn how to use tails, its better, but complicated) Otherwise a clean copy of windows (make sure its not in any way associated with you) can do the job too, tho not as well. (Using a VM might give extra security, since VMs usually erase all data and RAM they were using on shutdown)
-Get a non tracking VPN, Enable the kill switch (a setting that disables all traffic that doesn't go through the VPN) (change your firewall settings to only allow the traffic from the VPN, windows guide (Change settings so only traffic from the tor application is send) Edit: (Due to complaints: do not use vpn over tor, use tor over vpn. tor over vpn has no notable downside, if the VPN logs it makes no difference, your ISP will always log anyways, and vpns remove other attack vectors and also provide backup security should tor fail. Again even if the VPN tracks you only change the people doing the tracking, but now you are further removed making it more anonymous and also with less vulnerabilities)
-rember privacy settings, cookie cleaner, and antivirus, password (There could be a hidden administrator user on your PC, make sure to change its password)
-Always use the device on a non admin account
-Ideally use this device only on networks that are not connected with you. Such as public networks (try to never use the same public networks twice, move around) (a home network should be fine now, as it should never be exposed, but more security is always better) (Its just a conveniences vs security trade)
-Never use accounts that have been exposed to lower security on higher security machines
-your browser is now TOR (or your preferred security focused browser, if you dont plan on using onion ) Make sure you get the standalone version of tor not the addon build (the standalone is safer, because there are less settings and options to tweak)
-Change your tor settings, to safest mode, enable a bridge (to my knowledge there's no difference in security between the build in bridges in tor), enable automatic updates, set duckduckgo onion as your primary browser. Set dark.fail onion page as your home page. (Or your preferred privacy search engine and onion directory)
-------_
How to use dark net markets (DNMs)
If you finished your High Security setup, we can dive right in. Otherwise go do that. This is where all that is essential.
Quick info on Tor, and onion sites. There is no search engine. It's all based of directories and addresses you are given by others. Tor will likely not be very quick, it has to pass through multiple networks to get to the destination. DNMs sometimes exit scam, an exit scam is when a market shuts down completely and takes all the money, this is a risk when using DNMs, it's not too common but happens maybe 0-4 times a year. The admins of thoese servers need to get out at some point, before they get jailed, so they exit the game, and scam everyone out of their money.
-A very useful onion directory is dark.fail it has a lot of links, for all kinds of stuff. News, email, DNMs, Psychonautwiki (harm reduction website), forums etc. (Other directories also exist)
-Pick a market, preferably one that handles secure connection server side instead of requiring you to establish the secure connection. Then create an account. Your account once created should include an entry box in your profile for a pgp key, post your PUBLIC key in there. (Verify the link is not a scam, most markets should provide a pgp signature)
-Next is currency setup. All major cryptocurrency exchangers can be used, I can recommend coin base but there could be better ones out there. Unless you find a small non U.S., exchange, they will always ask for your identity. So unless you can find a trustworthy exchange that doesn't ID, you will need to give it to them. (Side note, all major crypto exchangers report to the IRS, if the IRS asks you if you bought cryptocurrency and you bought while having IDed yourself SAY YES, DO NOT COMMIT TAX FRAUD WHEN THEY KNOW YOU DID)
-Transfer (monero you can send directly, btc you should scramble) to your wallet. There are two options a cold wallet (physical) or a software wallet. Software wallets usually dont cost anything so I recommend them, even if often less safe. Electrum is easy to use, and pretty safe. You can also do your own research and find a wallet that fits your needs.
-now you are ready to buy, only buy using escrow (it means the money is held by the market as a middle man until the product is delivered, they will also handle any issues like wrong quantity, cuts, etc), judge the reviews for a product, and if available look at the history of the vendor, until you find a product from a vendor you trust. (I recommend to buy within your country as much as possible, so it doesn't go through customs, it's very rare that something is found, but it can happen)
-now you get to buy, depending on market, you either have cryptocurrency stored in their wallets (not recommend, you will lose it in an exit scam) or you can send it every order. When you send your delivery adress (or the one you want it to go to) encrypt the adress using the sellers public key. Make sure the adress is correct.
-wait for the product, make sure to extend the escrow until the product arrives, if you can't extend it anymore dispute the order, and a moderator will step in
-test the product, use it, and leave a review. PLEASE LEAVE A REVIEW, DNMs only work because of reviews.
Edit: Didn't imagine I would write over 15000 words. Oh well, it was fun. Hope it helps, if you have any questions feel free to ask.
No idea how long this will stay up, I might purge it in 7 days, or never.
submitted by seven_N_A7 to u/seven_N_A7 [link] [comments]

Purchasing Bitcoin through Trezor 3rd Party Exchanges

I own 30% of one BTC on Robinhood. I've done research on this sub and decided I wanted to own my Bitcoin, so I purchased a Trezor that got here today.
I noticed that there seems to be quite the premium on the exchanges listed through Trezor. I understand I don't own my Bitcoin directly through Robinhood and therefore can't directly transfer over. However, my 30% is roughly $3190 and to purchase that through Trevor 3rd party exchanges, the same amount of BTC is $3360 ($170 more).
Is this the best way to go about purchasing Bitcoin to keep it in cold storage? Or is there another way I should go about this to avoid such high premiums? I've seen that you can change the transaction time to reduce fees, but I'm not seeing that option through Trezor. I'm new to this so any help is appreciated.

submitted by domyorke to BitcoinBeginners [link] [comments]

Tangem Bit - Tangem's affordable card wallet can bring mainstream adoption

Tangem Bit - Tangem's affordable card wallet can bring mainstream adoption
Tangem just launched a new card wallet that costs 5 USD, with the same technology but different features from their Birds collection. Tangem Bit description
Bitcoin is best demonstrated and experienced than explained; Tangem cards are known for being easy to use; therefore, I think it's a good way to explain to a newbie how this world works, and a good option as first cold storage wallet and crypto pocket money.
How would you use this product?
https://preview.redd.it/7d6mrzs45br51.png?width=1152&format=png&auto=webp&s=ed6bc195eb8b822a898087d32e2d1a678a30ebbb
submitted by greciasuarez to Bitcoin [link] [comments]

Bitcoin Cold Storage Part 2: Building a Cold Storage Netbook with Electrum Bitcoin Cold Storage Part 3: Using the System Bitcoin Cold Storage Part 1: Introduction / The Basics ... How To Make A DIY Cold Storage Bitcoin Wallet - YouTube The BEST (& most affordable) cold storage option? (CRYPTOTAG Zeus full review)

Bitcoin cold storage might sound like storing your cryptocurrency inside of a fridge, but the reality is quite different.. When it comes to cryptos, hot and cold storages refer to the wallets that hold them. There are many different ways to store your Bitcoin (or any other cryptocurrency at that), so it might be confusing as to which methods are the best and which are the worst, especially if ... Bitcoin is a distributed, worldwide, decentralized digital money … Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts. r/Bitcoin. log in sign up. User account menu. 7. Best cold storage options. Close. 7. Posted by. u/Soggy_Stargazer. 2 years ago. Archived. Best cold storage options. Is trezor the way to go? I am looking at how I can protect my coins ... Cold storage (or offline wallets) is one of the safest methods for holding bitcoin, as these wallets are not accessible via the Internet. Hardware wallets are potentially even safer, although ... So-called “cold storage,” however, puts a wall between your digital assets and hackers. In this article, you will discover the best bitcoin cold storage options you can use to secure your crypto in 2020. Avoiding Theft with Cold Storage. When bitcoin is stored in a wallet that’s connected to the internet, it is exposed to cybercriminals ... As soon as a client pays me in Bitcoin, I send it to my cold storage coin and lock it in the safe. There's no better way to protect it. Gabriel Abed Founder & CEO, Bitt. A coin inside a coin makes the physical world and the digital closer friends than you think. Alan Percal CEO, Cryptomarket360.com . Excited to be partnered with such an amazing product! Phil Eryushev Head of Marketing, Waves ...

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Bitcoin Cold Storage Part 2: Building a Cold Storage Netbook with Electrum

How to Create a Bitcoin Cold Storage Wallet Using Electrum - Duration: 35:15. Rex Kneisley 6,419 views. 35:15. ... INVESTORS REACT – Live Trading, Robinhood Options, Stock Picks, Day Trading ... In part 2 we built a cold storage system with an inexpensive netbook. In part 3 we learn how to use it. We'll step through an entire transaction as well as point out a few more security tips. Cold storage is the act of storing your Bitcoin/other cryptocurrency's wallet private key / seed phrases offline so hackers can't get to them. This is the safest way to secure your coins and it ... HUGE shout out and thank you to ɃitConsultants (@BitConsultants on Twitter) for creating this presentation and allowing us to use it. It's awesome content th... Bitcoin Cold Storage Part 1: Introduction / The Basics - Duration: 7 ... Safe Storage Options for Altcoins Cryptocurrency - Hardware Wallet, Ethos.io, Paper Wallet - Duration: 12:17. Altcoin Buzz ...

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