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Crypto is fucked in the short term 1647
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03-30-2020, 09:19 AM
#11
(03-30-2020, 09:08 AM)mak Wrote:^ me too

very smart Mak



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03-30-2020, 09:38 AM
#12
(03-30-2020, 09:02 AM)Steady Wrote:I already have a hardware wallet bro

Its way safer

How do you trust that the companies who made this hardware wallet don't directly target your coins.. Since they're solely made for the purpose of protecting your coins?



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03-30-2020, 09:42 AM
#13
(03-30-2020, 09:38 AM)Krr Wrote:How do you trust that the companies who made this hardware wallet don't directly target your coins.. Since they're solely made for the purpose of protecting your coins?

Hardware wallet companies (for example Ledger) don't store my coins. They are 'stored' on the blockchain.

Only I can access my coins (in my case it is Bitcoin) with my private keys. The hardware wallet company does not have my private keys. Because as the name says, these are private and only I know them. :)



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03-30-2020, 09:46 AM
#14
(03-30-2020, 09:42 AM)Steady Wrote:Hardware wallet companies (for example Ledger) don't store my coins. They are 'stored' on the blockchain.

Only I can access my coins (in my case it is Bitcoin) with my private keys. The hardware wallet company does not have my private keys. Because as the name says, these are private and only I know them. :)

So what does the Hardware wallet store, if not your private keys or your coins? (Forgive me for not getting it, but your answer will clarify)



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03-30-2020, 09:48 AM
#15
(03-30-2020, 09:46 AM)Krr Wrote:So what does the Hardware wallet store, if not your private keys or your coins? (Forgive me for not getting it, but your answer will clarify)

a hardware wallet stores the keys. And with the hardware wallet you can access your coins

get it? So only with the hardware wallet (containing your keys) you can access your coins.



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03-30-2020, 09:50 AM
#16
(03-30-2020, 09:48 AM)Steady Wrote:a hardware wallet stores the keys. And with the hardware wallet you can access your coins

get it? So only with the hardware wallet (containing your keys) you can access your coins.

I understand, and which hardware wallet do you endorse? Ledger company has many



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03-30-2020, 09:51 AM
#17
(This post was last modified: 03-30-2020, 09:54 AM by Steady.)
with the private keys (so your hardware wallet) you can access the coins. There is a relation between the public keys and the coins.

its difficult to explain haha

(03-30-2020, 09:50 AM)Krr Wrote:I understand, and which hardware wallet do you endorse? Ledger company has many

depends on how much coins ur planning to store

but Ledger is very good yes.

and dont be scared of losing your coins. the only way u can lose your coins is by losing ur private keys.

the chance of losing ur coins on for example coinbase is way higher than on a hardware wallet



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03-30-2020, 09:55 AM
#18
(This post was last modified: 03-30-2020, 09:56 AM by Krr.)
wrong chat lol



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03-30-2020, 12:52 PM
#19
Heheheh ahhaahahh

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