What the fuck Veeky Forums, am I really supposed to trust this piece of shit with my $20,000?
I must not have read enough about this thing before I bought it because for some reason I thought it was supposed to be a solid go-to hardware wallet, and a good way to keep my imaginary money safe. The software is a collection of bullshit Chrome applications and the device itself is useless without being plugged into a computer with the software installed.
Am I likely to fuck myself by loading my crypto on this?
Should have put it in before the dip. I'm nice and comfy at last weeks prices.
Nathaniel Hughes
NAH bro I have like 60k connected to MEW with it, its good just dont have ur private key somewhere retarded
Christopher Ramirez
You don't "load crypto" onto anything you fucking normie get the fuck out. Don't invest in shit you don't understand.
Andrew Richardson
nigga are you retarded?
Joseph Taylor
Binance + 2fa masterrace
Adam Flores
nice job man, congrats
Jeremiah Cruz
Yeah I fell for the Ledger meme too but now I have it so fuck it whatever. Oh guess what you can only keep 3-5 wallets on it at a time and have to delete/add ones as you need them. Kek.
Lucas Robinson
You guys are brilliant.
Luke Gomez
why, in your opinion, is putting shit into the vault on coinbase a bad idea?
especially for somebody who has a nomadic lifestyle?
Joseph Collins
>being this fucking new
You fucking summerfags have no clue do you? Only leave on the exchanges what you're ok with losing. DYOR
Jonathan Jones
An individual is more fallible than an organization.
Austin Wood
Isn't 2FA the new ripple?
Isaiah Myers
because they are basically IOUs. At least when you move them out of coinbase you're forcing them to actually give it to you. I rather store it on a ledger or a desktop wallet then have it sitting on coinbase. I dont trust coinbase like that bro.
Isaac Cox
If you manage to get anything stolen from your Ledger then you are retarded
James Young
Where can I buy 100k 2FA?
Elijah Clark
Locked in at 17k
/comfy/
Jayden Young
Yea but you can't lock in your prices on coinbase. You're literally completely subject to the whim of the market, which is 24/7. I don't know how you guys could sleep knowing your coins could plummet at any time.
Michael Campbell
Would you rather put your money in a box under your bed or in the bank, you fucking neanderthal?
William Torres
man I locked in my btc at $2 on my ledger when btc was brand new. im mad af now.
Daniel Young
CRYPTOCURRENCY
Do you even understand the first thing about ENCRYPTION. FFS this place is becoming hopeless. At least we had more intelligent posters when crypto talk was on /g/
Henry Lee
>locking in prices
Is this a new meme?
Andrew Martin
Send me key and I'll tell you if good one
Grayson Lopez
i rather have them stored in a real wallet and save the keys you nigger.
Isaiah Barnes
Because they have custodial custody of your coins and for w/e reason something were to happen you have no access to your coins.
David Stewart
guys i have 3 wallet questions and am trying to be respectful and not start my own ttddtot thread... please help
1 - can metamask be used as a 100% standalone eth wallet? (all the info i see has it being used with MEW....)
2 - metamask and independent reserve don't accept eth transfers via smart contract. How can I tell that sending tokens to MM or IR isn't being done via smart contract?
3 - i want to trade a few hundred bucks on KuCoin but their withdrawal fees are too high. Am i being seriously retarded leaving tokens on this exchange?
thanks very much Veeky Forums
Josiah Hall
Mt Gox.
Ethan Rivera
Writing your key down on a piece of paper and putting it in a wallet is the exact same thing you fucking retard.
Jack Walker
I understand. If I wasn't an expat on the move constantly I would probably use a hardware wallet and keep it in a safe deposit box for my hodls.
Right now I don't really have any options other than MEW or normiebase.
I don't care about your science or your "crypto" you little faggot. I'm here to make money and get out, which I have been doing successfully for several months already.
Guess why crypto moved to Veeky Forums, from /g/?
Hint: it's not because we give a shit about the fundamental technology
Thomas Thomas
>neanderthal subtle bait, have a (you)
Jacob Moore
newfag detected >doesntlockindailygains
Jordan Baker
yes and I love it
Logan Wright
To add to this, an example of "w/e reason" could be government banning of crypto, you getting accused of a crime and having your assets frozen, coinbase getting hacked, or coinbase just randomly locking you out (intentional or otherwise)
Anthony Myers
You guys are just fucking around when youre talking about “locking in prices” on cold storage right? I saw that on the last thread and laughed but now I’m concerned. Why the fuck would I want to lock the price in if it’s goig to go up?
Lincoln Ward
you can move a hardware wallet with you though. you could run the risk of losing it though but you need a pin to use it and you can always back up your keys to paper. but do you man. I think leaving a large sum of crypto on an exchange is a bad idea though.
Evan Ortiz
You are either an absolute retard or trolling. With all the reddit faggots around here its hard to tell. Either way, KYS sweetie
Easton Carter
take your faggot "hodls" back to hugbox leddit cocksucker. I fucking hope you lose every fucking think you have you piece of shit. Die faggot
Grayson Nelson
You have to upgrade the blockchain in order to reset the locked in price. You can get the upgrade on CD-ROM or Microsoft.
William Flores
Crypto didn't move from /g/ to Veeky Forums, they created Veeky Forums in order to contain people shilling doge coin contently on /g/.
Michael Ross
>Why the fuck would I want to lock the price in if it’s goig to go up?
you lock in the price when it's going down, and unlock when it's going up. what kind of stupid question is that?
Eli Parker
>huge period of volatility >prices eating shit >"coinbase is down for maintenance" >"oops this page could not be found"
Yeah, that's where I want all my holdings.
Nathan Morris
I locked my bitcoin to $100K. Gonna buy a house soon.
Chase Roberts
there could one day be a heist where thieves make out with billions of crypto assets because they stuffed a duffel bag full of usb sticks from an exchange's cold storage
Blake Green
>he doesn't know
you lock in your price when the market is about to crash, so you dont suffer a loss
get smart or get poor
I've already cashed out 100k, and I never touched one of your faggy wallets, get fucked punk
Austin Thomas
I'll take Mt. Gox for 200, Alex.
Austin Smith
why wouldn't you buy an old thinkpad, encrypt the drive, put your stupid files there and have it under your bed?
Luis Green
no it isnt you fucking normie
Jaxson Barnes
Fucking normie scum in this thread doesn't remember mtgox
Ian Barnes
well buddy I punt around 3rd world shitholes and my stuff is liable to get stolen unless I have it stuffed up my ass, though now that I think about it I could probably make a small metal canister and store a paper wallet inside of it, and literally hide it up my butthole if I need to
:thinking:
Parker Long
Think of it this way: if coinbase goes down your fuckcoins are worthless.
Nathan Morgan
lel nice
Andrew Lee
They're retarded anyway, the list of coins they hold is pathetic
what I did was I got a cheap tablet and only ever used it to install and run wallets. It's not a million percent safe but it's certainly better than keeping them on my day to day computer, or using a gadget that's more expensive and doesn't hold some of my coins
Jeremiah Hernandez
Your coins are literally as safe as possible as long as you have that on your person, since every transaction you NEED to validate it using the device. In case you lose the device, just write down your 24 word seed and keep it on paper some place you know is secure in case of an emergency.
Not sure how it's possible to do better. Even if your shit gets hacked, they can't get shit since they don't have the keys on your Ledger.
>Keeping your coins on Jewbase So how much lube are you stocking up on when the IRS decides to just fuck all crypto traders as much as possible, with that exchange being their first target?
Kayden Lee
No dude, you send it to cold storage right before the dip to lock it in. Then during the dip you send back to exchanges to buy the dip and hodl. Just be ready to send your coins to cold storage and really lock it in before any dip.
Jeremiah Wright
Because the price can go down retard
Jason Smith
Seeing the price of btc @ $19k just made me rage even more. I want to find Karples, cut his fucking balls off and shove them down his fucking throat.
Benjamin Walker
dude a trezor is only lke $80
what's all this stuff about them being useless? if anyone ever installed a keylogger on your laptop or whatever the fuck you use, you're fucked. that's why i got one.
Henry Phillips
The ledger is linked to the organisation. The only thing the user has to do is remember his words and he can reset a new device with his account. To check you reset your device with your pass words.
Nicholas Peterson
...
Christian Clark
Fuck all you faggots
Jaxson Jones
I bought a separate laptop and run Linux as cold storage. Only use Ethernet when I need to make a transaction. and I don't fucking use that shit for anything else.
Colton Young
I would like to know what people recommend. I still have mine on the exhange. Can't really decide what or where i want to store them.
Colton Watson
>not buying an extra Macbook Pro detected only to cold-storage crypto wallets
What are you, poor?
Jack Cruz
There is also an option to lock the entire blockchain. You do that by pressing a secret sequence of keys. Be warned though if you lock the entire blockchain, they have to call someone up at the Worldwide Internet Blockchain Consortium in Switzerland to unlock it and it usually takes an hour. That's why sometimes you see exchanges running very slow; Someone locked out the blockchain again. One time they had to restore the blockchain from a factory CD-ROM too.
Jose Gutierrez
if any of you niggers aren't trolling and you actually leave your CRYPTO in the hands of other people on exchanges then you deserve to have it stolen, either by the exchange devs or hackers or gov't agencies
gtfo of CRYPTO if you don't understand that
Jayden Cox
No only new fags use this shit
Carson Peterson
Going to be rad when the tablets lithium battery fails and it torches it.
Jacob Adams
Yeah fuck that try to withdraw over 10k and they delay it for 5 days
did y'all hear about spectre? even if it doesn't come to fruition as far as exploits go, it shook me up about the possibilities of ever entering my private key into any operating system.
i had my key in a veracrypt volume on an encrypted usb. but i was still copy/pasting my private key when the time came.
maybe just me, but i finally broke down and bought a trezor after the spectre/meltdown thing.
Henry Smith
Incorrect. You load 5 wallets. Transfer across, delete then add 5 more wallets and repeat. Fuck you guys are absolutly discracefully retarded. Back to plebbit brainlets
Xavier Gonzalez
ok I will stop memeing for a minute
for someone with little physical security and no static location, what would you recommend?
MEW? my eth stack is getting pretty fucking fat, and you faggots are making me nervous
Aaron Hill
Paper wallet generated offline, I don't trust anyone or company.
Asher Peterson
are these little hardware wallets capable of storing any crypto coin or only companionable with the big ones?
Landon Long
Can someone explain to me how secure MEW is?
I always read this tired debate about hardware wallets vs leaving coins on an exchange.
How secure is MEW if it requires a JSON file downloaded to your computer + password? I don't trust myself enough with that nano ledger bullshit but I have MEW figured out pretty well now. I use a chromebook, so I am probably much less susceptible to malware and what not, no?
Cameron Roberts
paper wallet or ledger. thats it.
Blake Gutierrez
jesus fuck! Why are you fucking dipshits spending money on this garbage? Fucking kidding me right now amirite?
Jace Hall
mew is just a tx signer, you dont fucking store coins on mew you newfag. you can use mew on ledger if you wanted
Jace Long
Did it “lock in” the value of your bitcoin like mine did?
>tfw Trezor locked in value at 15c
Joshua Diaz
What? The keys are isolated on a vm inside the ledger. You could literally plug this fucker into a computer loaded with viruses and send a transaction without sweating it.
I guess having to use Chrome blows but it's the safest way to keep your crypto if you have a lot of altcoins. but you keep your keys even if you delete the application on the wallet so it literally doesn't matter. just a bit inconvenient.