Popular Post Neeranam Posted December 2, 2022 Popular Post Share Posted December 2, 2022 Interesting read, although will annoy the haters who missed out. Of course, they are buying BTC again at the current low. https://www.cnbc.com/2022/11/30/bitcoin-family-moving-more-than-1-million-into-dexs-after-ftx-collapse.html 3 Link to comment Share on other sites More sharing options...
worgeordie Posted December 2, 2022 Share Posted December 2, 2022 Good luck to them , either very brave or stupid ,with more exchanges calapising , but they are keeping their crypto in cold storage whatever that means . regards worgeordie Link to comment Share on other sites More sharing options...
smutcakes Posted December 2, 2022 Share Posted December 2, 2022 Fair play to them... not sure why it would annoy 'haters'. Seems they have made a bit of money, but hardly massive amounts. Dont know why if they had plenty of cash they would ever think its a good idea to do an article about it so everyone knows. Although i did note that they repeatedly insisted that their cold storage wallets are hidden ALL OVER the world, not in their pant draw in their house in Phuket.... Not exactly convenient if one of their holdings sky rocket and they need to fly to Holland to get their wallet. Link to comment Share on other sites More sharing options...
Longreach Posted December 2, 2022 Share Posted December 2, 2022 it is an electronic wallet. u can access it from anywhere (or are u being a smartybum?) Link to comment Share on other sites More sharing options...
Thomas KH Posted December 2, 2022 Share Posted December 2, 2022 Totally forgot about my humble stash of coins if not for this article ???? 1 Link to comment Share on other sites More sharing options...
patman30 Posted December 2, 2022 Share Posted December 2, 2022 it likely won't end too well for him he was here a while ago for quite some time he is having a good run though Link to comment Share on other sites More sharing options...
patman30 Posted December 2, 2022 Share Posted December 2, 2022 1 hour ago, smutcakes said: Not exactly convenient if one of their holdings sky rocket and they need to fly to Holland to get their wallet. They can store wallet files but what they can do, i do this myself is split the private keys, save first half on one spreadsheet and second half on another spreadsheet (encrypted) i can then give one file to one friend and another file to another friend both can be anywhere globally, neither can touch funds, i can get funds with two phonecalls (if late and i need to wake them up to send file) Link to comment Share on other sites More sharing options...
patman30 Posted December 2, 2022 Share Posted December 2, 2022 1 hour ago, Longreach said: it is an electronic wallet. u can access it from anywhere (or are u being a smartybum?) please do explain Link to comment Share on other sites More sharing options...
FritsSikkink Posted December 2, 2022 Share Posted December 2, 2022 3 minutes ago, patman30 said: They can store wallet files but what they can do, i do this myself is split the private keys, save first half on one spreadsheet and second half on another spreadsheet (encrypted) i can then give one file to one friend and another file to another friend both can be anywhere globally, neither can touch funds, i can get funds with two phonecalls (if late and i need to wake them up to send file) What happens if one of your friends dies unexpectedly? Link to comment Share on other sites More sharing options...
patman30 Posted December 2, 2022 Share Posted December 2, 2022 (edited) 7 minutes ago, FritsSikkink said: What happens if one of your friends dies unexpectedly? i have more than 2 friends???? i also have copies in locations i own i was just giving an example of how to do with extra security you can just have all private keys on an encrypted spreadsheet store it or give it to whoever the security is then dependant on your password myself i use 48 characters, without any words, never written down???? Edited December 2, 2022 by patman30 1 Link to comment Share on other sites More sharing options...
Popular Post Neeranam Posted December 2, 2022 Author Popular Post Share Posted December 2, 2022 1 hour ago, patman30 said: i have more than 2 friends???? i also have copies in locations i own i was just giving an example of how to do with extra security you can just have all private keys on an encrypted spreadsheet store it or give it to whoever the security is then dependant on your password myself i use 48 characters, without any words, never written down???? I wouldn't bother explaining to these guys, they don't even know how to buy Bitcoin and come into these threads to tell us investors how foolish we are. 2 3 Link to comment Share on other sites More sharing options...
Neeranam Posted December 2, 2022 Author Share Posted December 2, 2022 3 hours ago, smutcakes said: Fair play to them... not sure why it would annoy 'haters'. Seems they have made a bit of money, but hardly massive amounts. The haters are bitter as they were wrong, and come into these threads to try to justify their decision not to buy BTC when it was $10 as being correct. They wait for a time period when BTC does it usual capitulation and cherry pick prices to insanely tell us that BTC is worthless. They hate to see people making a profit more than their investments. Link to comment Share on other sites More sharing options...
fdsa Posted December 2, 2022 Share Posted December 2, 2022 1 hour ago, patman30 said: They can store wallet files but what they can do, i do this myself is split the private keys, save first half on one spreadsheet and second half on another spreadsheet (encrypted) i can then give one file to one friend and another file to another friend both can be anywhere globally, neither can touch funds, i can get funds with two phonecalls (if late and i need to wake them up to send file) you are doing it wrong, google for "multisig wallet 2 out of 3" Link to comment Share on other sites More sharing options...
smutcakes Posted December 2, 2022 Share Posted December 2, 2022 3 hours ago, patman30 said: They can store wallet files but what they can do, i do this myself is split the private keys, save first half on one spreadsheet and second half on another spreadsheet (encrypted) i can then give one file to one friend and another file to another friend both can be anywhere globally, neither can touch funds, i can get funds with two phonecalls (if late and i need to wake them up to send file) Would prefer to keep it myself, what happens if your friend loses or deletes it. Surely its just far safer to do your crypto, keep quiet about it when things are going well or not, keep your crucial details somewhere safe like you would a title deed or passport.. surely its a bit of a stretch to think thieves are going to start robbing houses to steal hard wallets and keys. Link to comment Share on other sites More sharing options...
tomazbodner Posted December 2, 2022 Share Posted December 2, 2022 This was posted by ECB... https://www.ecb.europa.eu/press/blog/date/2022/html/ecb.blog221130~5301eecd19.en.html Though there's one thing I disagree with this article. People's greed and stupidity. So Bitcoin could as well be around for a long time. 1 Link to comment Share on other sites More sharing options...
Popular Post worgeordie Posted December 2, 2022 Popular Post Share Posted December 2, 2022 To put it in perspective , what about a post or article from someone who was maybe a Crypto Millionaire or better Billionaire and now does not have a pot to wee in , I am sure they are out there ,but the only stories you read are ,I bought Crypto and I don't know what to do with all the money I have earned , you buy Crypto you can be like me......buy it , buy it please so it goes up regards Worgeordie 3 1 3 1 Link to comment Share on other sites More sharing options...
Popular Post FritsSikkink Posted December 2, 2022 Popular Post Share Posted December 2, 2022 2 hours ago, Neeranam said: I wouldn't bother explaining to these guys, they don't even know how to buy Bitcoin and come into these threads to tell us investors how foolish we are. It isn't rocket science to buy crypto. You are not an investor, you small time gambler with crypto as it doesn't have value which backs it up. I work 40 years in IT security. 1 1 1 1 Link to comment Share on other sites More sharing options...
BKKBike09 Posted December 2, 2022 Share Posted December 2, 2022 Good for them. I much enjoyed this photo of Papa Didi "giving a speech on bitcoin adoption in Tulum, Mexico" (pop. 93) to an entranced crowd. Not sure why he doesn't spend some of his billions to buy a few more t-shirts. 1 Link to comment Share on other sites More sharing options...
patman30 Posted December 2, 2022 Share Posted December 2, 2022 2 hours ago, fdsa said: you are doing it wrong, google for "multisig wallet 2 out of 3" you think i do not know what multisig is LOL and why on earth would i want 2 of 3 sigs for my own money? plz stop, you are another one that is clearly out of your depth on this topic. 1 Link to comment Share on other sites More sharing options...
patman30 Posted December 2, 2022 Share Posted December 2, 2022 1 hour ago, smutcakes said: Would prefer to keep it myself, what happens if your friend loses or deletes it. Surely its just far safer to do your crypto, keep quiet about it when things are going well or not, keep your crucial details somewhere safe like you would a title deed or passport.. surely its a bit of a stretch to think thieves are going to start robbing houses to steal hard wallets and keys. Already answered above Your last sentance is naive plenty of reports of people being robbed once it is know they have BitCoin same for having anything of value in the home known and as you can see from comments above people assume "billions" and many wrongly think bitcoin is anonymous Link to comment Share on other sites More sharing options...
patman30 Posted December 2, 2022 Share Posted December 2, 2022 39 minutes ago, worgeordie said: To put it in perspective , what about a post or article from someone who was maybe a Crypto Millionaire or better Billionaire and now does not have a pot to wee in , I am sure they are out there ,but the only stories you read are ,I bought Crypto and I don't know what to do with all the money I have earned , you buy Crypto you can be like me......buy it , buy it please so it goes up regards Worgeordie would only happen if trading with leverage Bitcoin is not responsible for people gambling if i buy 1 bitcoin and i do not use it i always have 1 bitcoin. 1 Link to comment Share on other sites More sharing options...
patman30 Posted December 2, 2022 Share Posted December 2, 2022 3 hours ago, Neeranam said: I wouldn't bother explaining to these guys, they don't even know how to buy Bitcoin and come into these threads to tell us investors how foolish we are. i am pretty sure we can strongly disagree on what bitcoin is LOL Link to comment Share on other sites More sharing options...
Neeranam Posted December 2, 2022 Author Share Posted December 2, 2022 1 hour ago, smutcakes said: Would prefer to keep it myself, what happens if your friend loses or deletes it. Surely its just far safer to do your crypto, keep quiet about it when things are going well or not, keep your crucial details somewhere safe like you would a title deed or passport.. surely its a bit of a stretch to think thieves are going to start robbing houses to steal hard wallets and keys. I have a couple of Hardware wallets, they are called Ledger Nano Link to comment Share on other sites More sharing options...
Neeranam Posted December 2, 2022 Author Share Posted December 2, 2022 35 minutes ago, patman30 said: many wrongly think bitcoin is anonymous I think most know that every bitcoin transaction is traceable, it's the haters that make up nonsense about drug lords or terrorists using it. Link to comment Share on other sites More sharing options...
Neeranam Posted December 2, 2022 Author Share Posted December 2, 2022 40 minutes ago, patman30 said: plenty of reports of people being robbed once it is know they have BitCoin really, I've never heard any Link to comment Share on other sites More sharing options...
Neeranam Posted December 2, 2022 Author Share Posted December 2, 2022 48 minutes ago, patman30 said: you think i do not know what multisig is LOL and why on earth would i want 2 of 3 sigs for my own money? plz stop, you are another one that is clearly out of your depth on this topic. Just block them, they really are ignorant. Link to comment Share on other sites More sharing options...
Popular Post OneMoreFarang Posted December 2, 2022 Popular Post Share Posted December 2, 2022 You convinced me. Bitcoin is such a great idea. I will put all my money in it. 7 Link to comment Share on other sites More sharing options...
Lacessit Posted December 2, 2022 Share Posted December 2, 2022 8 minutes ago, Neeranam said: Just block them, they really are ignorant. If I was to block everyone on ASEAN who made an ignorant comment, I'd probably have only half a dozen people left. 1 Link to comment Share on other sites More sharing options...
Popular Post worgeordie Posted December 2, 2022 Popular Post Share Posted December 2, 2022 26 minutes ago, Neeranam said: Just block them, they really are ignorant. Just because other members have a different view on Crypto or anything else, than yourself does not mean they are ignorant , and I think that is an ignorant comment to make , People who own Crypto are always telling other people ,you should buy , buy, it's the best thing in the World , not because they want you to be Crypto rich too , it's just without new buyers , Crypto would plummet ,new buyers are the only thing keeping it going, So anyone with a different view ,telling others to be careful ,if you have a negative view on Crypto you are the enemy and Ignorant ........ Regards Worgeordie 1 7 Link to comment Share on other sites More sharing options...
patman30 Posted December 2, 2022 Share Posted December 2, 2022 45 minutes ago, Neeranam said: I think most know that every bitcoin transaction is traceable, it's the haters that make up nonsense about drug lords or terrorists using it. i was more refering to those who would want to steal it, but agreed 47 minutes ago, Neeranam said: really, I've never heard any https://thethaiger.com/hot-news/crime/foreign-gang-allegedly-extorts-russian-couple-of-crypto-worth-us50k-in-thailand 47 minutes ago, Neeranam said: Just block them, they really are ignorant. i find the experts on here comical 1 Link to comment Share on other sites More sharing options...
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