Quote from: abhilodha on August 21, 2018, 11:41:12 AM

Quote from: TheCoinGrabber on August 21, 2018, 11:28:34 AM

Quote from: abhilodha on August 18, 2018, 01:49:06 PM

i created a wallet form web wallet
and an keeping safe 12 words and a bitcoin address public key and private key
and that single public address has all bitcoin now i m never going to use that wallet as i m going to hold bitcoin till 2025

my question is what if community tries to upgrade bitcoin and is it possible that that private key wont work because of upgrade.....as i see back in 2011 people use to keep bitcoins on a hard drive ....

i just want to know would i be able to recover my funds as long a i have my private key whatever happens to technology....

Wait, you're going to store your bitcoins for holding in a web wallet? At least use a software wallet like Electrum to keep them and then make back-ups.

Stored this way, it should be safe during updates, at least concerning splits. However, you are an investor, you don't leave your investment unattended. It's not that hard to keep updated on news and then act accordingly.

I created it using blockchaininfo
I have seeds and address that have coin its private key extracted from jaxx...

Now it wont touch internet till 2025

Is it safe???

no it is NOT safe for many reasons.
first and most important is that you created your wallet while being online. that means you automatically weren't in a safe environment while creating your wallet and keys. it might have leaked and you don't know it yet. if you want to to store bitcoin for long term then learn about cold storage https://en.bitcoin.it/wiki/Cold_storage

second is the fact that blockchain.info stores your wallet on their servers. it will be encrypted but who knows what they do, it is still stored by a third party and some day it may be easily accessed and then hacked.