Re: Own only a small amount of bitcoin? Regardless, DON'T LOSE THEM.
Here's 2 of the Bitcoin related news I've seen yesterday:
What do both have in common?
A safe assumption would be that both people had their bitcoin for a good number of years already, and they totally underestimated the price rise bitcoin would have. Hence why they got immensely careless about the security of their funds, probably because back then "it's just worth a few hundred dollars anyway".
snip
What do both have in common?
A safe assumption would be that both people had their bitcoin for a good number of years already, and they totally underestimated the price rise bitcoin would have. Hence why they got immensely careless about the security of their funds, probably because back then "it's just worth a few hundred dollars anyway".
snip
You are right, back in the "pioneer" days, 2010, 2011, 2012 & 2013 a bitcoin
was only worth cents to $120. Security wasnt as much of a concern as it is now
so keys were most likely stored on HD's as well as wallets.
Obviously if the keys were/are stored securely seperately to the wallets, the
destruction of a HD is not a major issue.