Bitcoin Forum

Due to long confirmation times and fear of my wallet.dat corrupting again, I'm would like to stop using my local wallet and begin using an online wallet. I wanted to ask you guys which online-wallet service I should stick with.

How I use my wallet is quite simple. On a average week, I would make four transactions involving my local wallet: receive BTC twice & send BTC twice.

In about a month from now, I won't be able to make any more transactions for quite some time, and will need to rely on this wallet for long term storage.

I'm aware of the online wallet service at http://blockchain.info/ , but I'm wondering if there are other services you believe are just as safe or more advantageous, in terms of reliability or speed.

Thanks!

I'd probably use MtGox for what you're asking for.

Either Mt gox or trade hill , I heard security is better @ TradeHill, I'm not sure though. To get full potential outta MtGox you will have to get verif. They req a scan of a bill and an matching ID.

Can you direct me to the signup page for Tradehill I can't seem to find it?

Haha. Now Now, lets be nice :p

@StrictlyBusiness TradeHill no longer exists :)

Really that sux how late am I?

For OP:

https://en.bitcoin.it/wiki/Paper_wallet

https://en.bitcoin.it/wiki/Brainwallet

You should use Paytunia (paytunia.com), it's really simple, does the job right, you can protect it with two factor, has never been hacked and has mobile apps.

Using an online wallet is trading all security for moderate convenience. Would you mail USD to anonymous entities you found on the internet for safekeeping? See mybitcoin (or a dozen other people/sites that have absconded with Bitcoins or lost them).

A few wallet file backups should be all you need to ensure that you don't lose your money. If you want to have more security against hackers and trojans, you can create an offline address or wallet backup that is only used for savings. This can be better than cash, because cash can't be stored in several locations to protect against theft, fire, etc. You don't need to have a client running for people to send you money or see the balance of an address if you plan to be away from your computer or the net.

Check out BitcoinSpinner on Android. Its design makes it a little more secure than classical online wallets: the maintainer does not have direct access to your keys (at least in theory).

It's not technically an "online wallet", but it doesn't get much smaller and faster than that. For a quick, small transaction from anywhere, it's perfect! And for bigger ones, I'd neither use Android nor online wallets.

I thought the obvious choice would be the blockchain.info wallet. It's easy to back up and access the same wallet from both your phone and computer, and the code runs client side, so you're not really trusting the site, yet they store it encrypted online for you and have many other options for secure backup.

the site is serving executable JS code, you need to trust it too.

Not really. Just read it.