Bitcoin and the new financial world....or something like that

[Coldcomfort]

BTC.JPG

Interesting.

[Plasnart]

Who can educate me on cold storage options? What do you do? Paper copy? Multiple paper copies? QR codes? Pay for storage? USB? Thinking of having my first dabble but need to better understand this issue. My concern about QR codes and USBs is that technology moves so fast they may be obsolete in 10 years (remember your TomTom navigator?).

[Coldcomfort]

https://bitcoin.org/en/choose-your-wallet

Have a look here. Its true that the tech changes quickly. I keep my FLR on a bifrost wallet hosted on my phone. My XRP are on a Nano wallet. The Nano is a USB device but I'm OK with that. Remember that the assets are not actually on these devices. The devices only hold the address' of what you own. BTW BTC hit a new all time high over night. $144,440 AU.

[mudski]

Who can educate me on cold storage options? What do you do? Paper copy? Multiple paper copies? QR codes? Pay for storage? USB? Thinking of having my first dabble but need to better understand this issue. My concern about QR codes and USBs is that technology moves so fast they may be obsolete in 10 years (remember your TomTom navigator?).

While I'm not into it as much as old mate above, purely because i don't have the time needed to really make something of it. I just created a Coinspot account and do all my trading through this. Its simple to use and their fee's are ok. They have an app also.
Due to my lack of input to my Coinspot account, i have really missed out on some BIG gains...

[rougueGQ]

wow bitcoin going crazy!

[Coldcomfort]

BTCtoday.JPG

It sure is.

[mudski]

BTCtoday.JPG

It sure is.

Halving happen about six month ago roughly?

[Coldcomfort]

About April 19th I think.... Yep, about six months ago.

[Coldcomfort]

Its started......

[Coldcomfort]

It happened. Bitcoin broke thru $US100K.