Bitcoin Forum

hello, i am new to this and want to choose a wallet, what do you suggest?

https://bitcoin.org/en/choose-your-wallet
green address, electrum or armory ;)

Choose from the following:

https://bitcoin.org/en/choose-your-wallet

You can't go wrong with Bitcoin Core, Armory, Electrum, or Green Address.  If you don't want to download the entire blockchain, then don't go with Bitcoin Core, as it'll take several hours to sync.

You don't have to choose 1 wallet to use. You can choose at least 2. One for hot wallet that you use for small payments and another one for cold wallet which is long term storage.

Multibit is the best bitcoin wallet and the safest trust me on this one. Cheers

IMO Multibit for a fast on-computer wallet, This is good since you don't relay on a website to be online to have access to you wallet and you have your own private key, the disadvantage being the security risk, Blockchain is also a good online wallet.

I'd recommend Electrum for ease of use, if you're more concerned about security I'd consider using Armory or Bitcoin Core.

I'd recommend a paper wallet for long-term storage. If you like the idea of a bitcoin wallet smartphone app, I'd recommend Mycelium. It's great. There are lots of good desktop bitcoin apps. I use bitcoin-qt.

Best advice treat the private key like gold.  Put it on a usb and paper wallet.  Put those in a safty deposit box or other safe places.  Treat them like money as they are money.

You can get physical wallets aswell.   One example is my sig campaign I'm in put so much BTC in a account and put the paper wallet in the silver wallet, and store it safely.  Other options are like trezor that is a hardware based.   You have lots of options if you want a wallet such as these.

I would suggest using bitcoin core. It is the oldest and safest wallet.

This what I use:

blockchain - for day to day bitcoin spending - you must download the backup wallet and put it on safe place.
bitcoin core - install it in a separate computer only for bitcoin.
brain wallet - use at least 50 pass phrase.

Electrum would be easy to use and dooesnt depend on downloading the blcokchain which takes hours.

If you want high security use an Armory wallet, but thats for advanced users.

For a newbie, Electrum should be the easiest to start with. When you get more and more bitcoin, you should then create a cold wallet to keep most of your bitcoin safe.

I am using electrum too. It doesn't need to download the whole blockchain and you can start using it in minutes.

https://www.bitcointrezor.com/

:)

ill recommended u using armory or blockchain.info-for a mobile wallet.

same as many before me I will say, blockchain.info as hot wallet and paper wallet as cold one.

Pheeva is a great mobile wallet.

Download multibit for your computer or use blockchain.info

I recommended to go for Blockchain. Great fees to choose from and extra securities

Just go for Blockchain

For beginners, I would really suggest MultiBit. It is way faster in terms of sync speed and very easy to use.

DO NOT use any of the online wallets - and surely not blockchain.info. That site has had very serious security issues lately and people are losing their Bitcoins.
Do not trust any online wallets. Just download MultiBit on your desktop and read about creating "cold wallets".

just go use blockchain, easy and simple :)

for security add 2FA :)

You guys are not keeping up with security news.

https://bitcointalk.org/index.php?topic=885341.msg9863977#msg9863977

https://bitcointalk.org/index.php?topic=581411.0

I prefer armory and coinbase as an online.

Go for armory. :)

I'm using multibit, and never had any problems. It's very easy to set up and use. I've been planning on trying out something with a few more options, like Armory, but I don't think it's the best starting point for someone new to this.

And to those who suggest MultiBit.. I agree, MultiBit is good for beginner. I started Bitcoin using MultiBit. Switched over to Mycelium few months back. Use MultiBit first, when you think you are ready to 'play' Bitcoin.. Switch over to Mycelium.

These people probably didn't use 2FA as there is no way to break 2FA at all.

Nope it has nothing to do with 2FA. There was (is?) a bug on blockchain.info that somehow revealed some users' private keys, causing a loss of hundreds of bitcoin.

"20+MB"? I assume you meant 20+GB right?

My bitcoin core directory is currently taking ~30GB.
And for Electrum, you still need the block headers which have a size of about 26MB now.

isn't multibit the less safe

better to choose between Core and electrum

i like core the most

I suggest you to download Electrum if you don't want to download the whole copy of the blockchain. It is newbie-friendly as far as my experience goes with it. There are also online wallets out there like the blockchain.info wallet but I've seen many complaints about it in terms of security so I guess it's better if you stick with lite wallets.

Blockchain is the best online wallet but be very careful while using it. Make sure to enable 2FA, and activate as many security measures as possible. Print a paper wallet too and keep it somewhere safe.

blockchain is the best :)

And also enable 2FA on your e-mail address. When signing up to blockchain, they send an e-mail with a unique password which is sufficient to gain access to the wallet, so someone with access to that e-mail could easily bypass 2FA on blockchain.info

You can download https://electrum.org/ (Electrum wallet). It's easy to generate a new wallet in it, and it has a seed for the wallet, so incase you want to restore the wallet all you need is to remember the seed.

You can download the Wallet backup from Blockchain and restore the private keys on Electrum. There's a simple guide over here for that : https://bitcointalk.org/index.php?topic=594570.0

I recommend you just send all the bitcoins to the new wallet address rather than restore the private keys on electrum. Also you can make use of truecrypt to create an encrypted container and store the backup or wallet itself on it. Hope this helps.

The other thing you can do to have a cold storage is use a spare USB flash drive, install portable bootable linux on it and install Electrum the same way. Connect to the internet, send the funds to the new wallet address from blockchain and disconnect from the internet after it syncs.

There are also many good online wallets like greenwallet and coinkite which provides multi-signature support for added security. Make sure you enable 2FA and various other security measures on your end.

I would really suggest MultiBit. It is way faster in terms of sync speed and very easy to use. Make sure that you choose good password, generate number of address as spare one and export and encrypt your private keys on safe place.


DO NOT use any of the online wallets for large amounts - and surely not blockchain.info.

For long term start to look for cold storage - there is plenty of information around.

Good luck

It really depends on what you want the wallet for and on what device you want to use it on,
For hot wallet on mobile phone i would recomend wallet32, ive been using it for a week or 2 and its great.
Green address is also good but can be a bit slow.
Coinbase if you dont know much about security yet.
Computer:
I would go for Armory or or Electrum. Although Armory can be tricky for newbies.
Whatever you choose always use text or a 2fa app like Aurthy.
Security is the main thing you want to look at.

A thin client like Electrum or Multibit as your hot wallet, and a paper wallet to store the majority of your bitcoin.