/biz/ - Business & Finance

[Anonymous No.10171671]

>plug in ledger nano s for the first time in 6 months
>doesn't even turn on

Who else here /chinked/?

[Anonymous No.10171682]

>>10171671
This is my nightmare...

I guess now you must hodl

[Anonymous No.10171688]

>>10171671

Just hold bro.

[Anonymous No.10171694]

Internal battery failure is the single reason Ill never use one of these. Paper backups for me.

[Anonymous No.10171698]

>>10171671
Seriously tho guys, i have my recovery phrase, how do I access my LINK?
>tfw he bought link

[Anonymous No.10171700]

Wow that’s scary make sure you have your phases in a safe place

[Anonymous No.10171709]

>>10171698
Need to buy another one

[Anonymous No.10171710]

>>10171700
I'm looking at them

[Anonymous No.10171716]

>>10171671
Is it any coincidence that ledger nano s offers no phone support, and their live chat just gives you the runaround?

[Anonymous No.10171734]

>>10171671
Funds are safe(ly in the hands of the manufacturer of your little toy).

[Anonymous No.10171753]

>it's 2018 and he still thinks hardware isn't vulnerable
you're not going to make it anon

[Anonymous No.10171757]

>>10171671
Had the same problem.
Try another cable.
Worked for me

[Anonymous No.10171781]

>>10171671
>Not just having it on the exchange
Funds would be safu retard.

[Anonymous No.10171786]

>>10171694

it doesnt have an internal battery its bus powered

[Anonymous No.10172276]

Backup wallet on several usb sticks. Lock it up in your safe.

Voila, no need for a gay hardware wallet.

[Anonymous No.10172389]

>>10172276
This. I don't know why people don't just do this. Or use an old airgapped computer (with other backups) if you're really paranoid. Why would you pay money for one of these faggot things?

[Anonymous No.10172547]

>>10172389

Because eventually you're going to want to sell or use your funds...unless you just want to literally hold onto them forever and literally do nothing with them ever, which makes no sense either bubs.

[Anonymous No.10172566]

>>10172389
because in order to send your shitcoins to an exchange you'll have to expose your private key to your shemale-animu-malware-ridden computer and get fucked

with a hardware wallet its impossible to get hacked even if your computer is infested with a million viruses, you can't send any coins without clicking a physical button on the device which is impossible for viruses to do

[Anonymous No.10172575]

>>10172566
You do not have to expose your private key to the internet.
>build transaction offline
>sign transaction offline with private key
>bring signature online, leaving private key offline

[Anonymous No.10172624]

>>10172575
yes that is so much safer and easier than clicking a button on a ledger. I can't wait to explain to my grandma how to sign offline transactions

[Anonymous No.10172677]

>>10171671
>the most secure way to store your cryptofunds
get rekt fedoraboy

[Anonymous No.10172701]

>>10172276
>on several usb sticks
lmao how is that even possible like you're copying your wallet on multiple sticks?
literally duplicating money? crypto is such a fucking joke

[Anonymous No.10172713]

>>10171698
You buy another one and use back up phrase as initial setting

[Anonymous No.10172717]

>>10172701

[Anonymous No.10172737]

>>10171698
You can also enter your key online. But this is risky.

[Anonymous No.10172742]

>>10172701

[Anonymous No.10172750]

>>10172701
Hands down, this is the best post on /biz/ today.

[Anonymous No.10172765]

>>10172701
2/10
made me reply

[Anonymous No.10172774]

>>10172701

[Anonymous No.10172860]

>>10172701

[Anonymous No.10172876]

>>10172701
brainlet.png
(You)

[Anonymous No.10172888]

>>10172701
big if true

[Anonymous No.10172909]

a little advice for you boys

using a hardware wallet is a good thing.

but you have to keep a recovery key

>buy several cheap USB sticks
>encrypt them was a password you will remember, using Veracrypt, its free
>save the back up phrase on all your encrypted sticks
>keep one in many different locations in case of fire.

Never lose funds.

[Anonymous No.10172932]

>>10172701

[Anonymous No.10172956]

>>10172701

[Anonymous No.10172968]

>>10171671
>doesn't even turn on
This is why I leave everything on the exchange.

[Anonymous No.10172978]

>>10172624
>my grandma will easily be able to use a ledger
This is a stupid premise. Also the people that need ledgers the most are probably the ones that don't buy them.

[Anonymous No.10172991]

So what would you do if you’re hardware wallet “doesn’t turn on”. What would be the proper steps to getting to your funds.

[Anonymous No.10173002]

>>10172991
Rebuy everything on Binance.

[Anonymous No.10173025]

>>10172566
>bitches don't know about USB hardware backdoors

[Anonymous No.10173146]

>>10171671

>buying a $100 raspberry pi with a keylogger installed

[Anonymous No.10173212]

Really hope for your sake you actually tested your ledger beforehand while setting it up. typing the pin wrong 3 times and using your 24 words to actually check that it gives you the correct seed and that your words are correct.

[Anonymous No.10173329]

>>10172991
Get a new one and use the recovery phrase

[Anonymous No.10173456]

>>10171694
>being this retarded.

[Anonymous No.10173482]

>>10171671
Your ledger is fine. You need a data transfer cable. Standard usb won't work

[Anonymous No.10173496]

>>10172701
i want to be in the screenshot

[Anonymous No.10173617]

>>10172701
LMAO

[Anonymous No.10173687]

>>10173212
YOU ASSHOLE!
I tested my ledger richt now...
> typing the pin wrong3 times..
I've just typed my pin wrong 3 times. I HAD OVER 60 ETH ON IT

[Anonymous No.10173767]

>>10171671
lol you got /chinked/ big time bruv, so full of goodwill to believe a downsized raspberry pi with keylogger to be a viable store of value. Toppest of keks

[Anonymous No.10173945]

>>10171671
i had the same problem. just email ledger support and explain what happened and they'll give you a replacement themselves or have the reseller you bought it from send you a new one.

just dont send your broken one to the reseller. destroy it. you better have written down your seed

[Anonymous No.10174044]

>>10172701

[Anonymous No.10174094]

>>10172701
my man

[Anonymous No.10174382]

>>10172701
10/10 bait

[Anonymous No.10174462]

>>10172701

[Anonymous No.10174564]

>>10172909
i once found a usb stick with nothing but a .txt with random words on it, i just quick formated it and used as my personal usb stick since it was 4gb and that was a lot for the time, didnt knew shit about crypto, i realized what i did some months ago

[Anonymous No.10174742]

>>10174564
data is still there unless you use the space it had assigned for something else

[Anonymous No.10174762]

>>10174742
used it for years and threw it away long ago

[Anonymous No.10174768]

>>10172701
The man who broke crypto
>Checkmate cryptards

[Anonymous No.10174818]

so with my bank, when someone steals my money, I can call them up and the transactions get reversed. its pretty cool they'll even call me up if they think I've been robbed and help me though the process.

is there something similar with crypto? if my money gets stolen, who can I can to reverse the transactions?

[Anonymous No.10174846]

>>10173687
This is 100% bait I'm replying to, but you test it BEFORE, not after you put thousands of dollars of crypto on the wallet.

[Anonymous No.10174997]

>>10172701

Obviously he was joking you fucking autists... right m8?

[Anonymous No.10175021]

>>10172701
Made me chuckle, thanks man.

[Anonymous No.10175033]

>>10174818
binance just released SAFU

and the bank steals my money all of the time in overdraft fees cause of how NEET i am.

id rather lose 30 dollars than keep any money in a bank. i am my bank. you're money is as safe as you are intelligent fren

[Anonymous No.10175219]

>>10172701
fuck you for making me laugh

[Anonymous No.10175330]

>>10172566
>clicking a physical button on the device which is impossible for viruses to do
Are you sure about this? I've seen software/firmware do some shit now.