Bitcoin Forum

Other => Archival => Topic started by: Md.Esamul Haque on December 09, 2017, 08:14:22 AM



Title: What is Bitcoin Wallet?
Post by: Md.Esamul Haque on December 09, 2017, 08:14:22 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.


Title: Re: What is Bitcoin Wallet?
Post by: QN2018 on January 19, 2018, 01:00:20 PM
When we use Bitcoin, the first thing you need to have that is a Bitcoin wallet. Because without a wallet , you can not receive, store or spend bitcoins.
You can think of a wallet as your personal online bank account in Bitcoin network. Bitcoin wallets contain private keys, secret codes that allow you to spend your bitcoins.
A Bitcoin wallet is simply an app, website or device that manages Bitcoin private keys for you.


Title: Re: What is Bitcoin Wallet?
Post by: yron51 on January 20, 2018, 02:05:13 PM
BITCOIN wallet is bank that might be your better privacy.Bitcoin wallet is your way to save your bitcoin and to withdraw.Each Bitcoin wallet have a code   :)bitcoin wallet is like a ethereum wallet it has a privacy code that your  the one who knows that code. and if your withdraw you need  :)


Title: Re: What is Bitcoin Wallet?
Post by: Lintel on January 20, 2018, 02:12:37 PM
When we use Bitcoin, the first thing you need to have that is a Bitcoin wallet. Because without a wallet , you can not receive, store or spend bitcoins.
You can think of a wallet as your personal online bank account in Bitcoin network. Bitcoin wallets contain private keys, secret codes that allow you to spend your bitcoins.
A Bitcoin wallet is simply an app, website or device that manages Bitcoin private keys for you.

Yes it is true. Bitcoin wallet is like our bank account.in bitcoin we should use bitcoin wallet inorder for us to store or deposit our bitcoin where we have our bitcoin address and we have also our private key to make sure that our wallet is secured. So we should make sure that we keep our private key in a secured place and not to give to anyone .


Title: Re: What is Bitcoin Wallet?
Post by: adjudicator on January 20, 2018, 02:18:31 PM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
Bitcoin wallet can be online or offline. You can pick any of the two, there are advantages and disadvantages which you can experience if you use it. This wallet can use to keep you wallet secured.


Title: Re: What is Bitcoin Wallet?
Post by: x Survivor on January 20, 2018, 02:40:25 PM
We use. Bitcoin wallet to send, accept or pay,  it's like also same with atm 🏧 where you use them to send or received money specially to places where in you cannot just travel to give the money itself... And since bitcoin is a digital currency we need digital wallet to store them. Right?


Title: Re: What is Bitcoin Wallet?
Post by: BTCerm on January 20, 2018, 03:03:14 PM
There are many types of bitcoin wallet there are: Desktop wallets, it allows users to create an address for sending and receiving bitcoins and provide a place to store the private key for doing so. This can be done by downloading software to an individual computer. Another is mobile wallets, it can be accessed through apps, allow users to transact on the go. Another is custodial wallets, which store Bitcoin keys on the internet through a third-party website. And the last is bitcoin paper wallet services provide users with a Bitcoin address and two QR codes, one that links to that address and another that provides the private key necessary for transferring bitcoins stored on it.


Title: Re: What is Bitcoin Wallet?
Post by: Excilion on January 20, 2018, 03:20:27 PM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.

I'll make my explanation simple. When you have a money (The one that you can touch) you will put in your wallet (Also the one that you can touch) But a Bitcoin wallet is a virtual wallet that you can't touch and only through internet that you can access it.


Title: Re: What is Bitcoin Wallet?
Post by: Junglee on January 21, 2018, 02:07:36 PM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.

There are three types of bitcoin:
- Soft wallet: software on your phone or computer; you completely control it; Software vulnerabilities associated with computer damage or virus attacks
- Hard wallet: a hardware private key dedicated to hardware; The device secures critical information without being compromised even if the computer is compromised.
- Third party web-based wallet: this is the easiest to use because it does not have to be installed; However, the risk depends entirely on the third party.

There are 3 popular wallets which newbie should research : coinbase, electrum, blockchain. info


Title: Re: What is Bitcoin Wallet?
Post by: FlintJuan on January 21, 2018, 02:20:22 PM
It is a storage for your bitcoin it is simple. Your imaginary money does have a imaginary wallet but it is safe storage.


Title: Re: What is Bitcoin Wallet?
Post by: Bliltzcrank on January 21, 2018, 02:24:43 PM
"A Bitcoin wallet is a software program where Bitcoins are stored. To be technically accurate, Bitcoins are not stored anywhere; there is a private key (secret number) for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance." Very well said.


Title: Re: What is Bitcoin Wallet?
Post by: sadacoin on January 22, 2018, 07:18:43 AM
Bitcoin wallet is actually a total net billing system, your bitcoin balance is actually your bill balance.


Title: Re: What is Bitcoin Wallet?
Post by: taeewo on January 22, 2018, 07:20:25 AM
Its just a personal portfolio to keep you digital currency safe and secured since you holding you private key..


Title: Re: What is Bitcoin Wallet?
Post by: busua on January 22, 2018, 07:22:05 AM
Bitcoin wallet is generally referred to as a software, a bitcoin wallet can contain multiple bitcoin addresses, an address corresponding to a private key.


Title: Re: What is Bitcoin Wallet?
Post by: ommochain on January 22, 2018, 07:24:20 AM
Bitcoin wallet is a computer or mobile client, after installation, the client will automatically generate your bitcoin wallet wallet file (similar to your bank card, write your account), the file which holds your bitcoin Information, including your payment address (similar to your bank card account), and your private key (similar to the password of your bank card). This wallet file is your wallet.


Title: Re: What is Bitcoin Wallet?
Post by: Shreek on January 22, 2018, 07:25:55 AM
Its just a personal portfolio to keep you digital currency safe and secured since you holding you private key..
yes, but what do you think about a hacked wallet? why can get hacked? then how do we secure the bitcoin wallet? is there another way that is safer? because I'm worried some of my bitcoin is lost hacked. I am still having trouble with my wallet


Title: Re: What is Bitcoin Wallet?
Post by: dicom on January 22, 2018, 07:30:18 AM
In short, digital money purse is a locked piggy bank, everyone can get this piggy bank and transfer (plug) coins, but only the owner of the corresponding key to the piggy bank can open a can and from Take the money. Friends understand this, we understand the digital currency wallet.


Title: Re: What is Bitcoin Wallet?
Post by: rontme on January 22, 2018, 07:34:52 AM
Bitcoin wallet divided into three categories:Bitcoin client wallet, bitcoin web wallet, bitcoin mobile phone and pad wallet.


Title: Re: What is Bitcoin Wallet?
Post by: bunca on January 22, 2018, 07:37:03 AM
Bitcoin wallet The equivalent of a physical wallet in a Bitcoin network. The wallet actually contains your private key, allowing you to consume the bitcoin allocated to the wallet in the blockchain. Like a real wallet, each bitcoin wallet shows the total balance of all the bitcoin it controls and allows you to pay a certain amount of bitcoin to someone. This is not the same credit card used to debit a business.


Title: Re: What is Bitcoin Wallet?
Post by: Jabiii on January 22, 2018, 07:41:35 AM
Bitcoin wallet is an app where you can store your coins. You can also use this for withdrawing out the BTC you have and convert it into a real money. For me I use coins.ph wallet wherein I can convert it into peso.


Title: Re: What is Bitcoin Wallet?
Post by: gulechain on January 22, 2018, 07:42:59 AM
Many types of wallet, different functions, according to blockchain data maintenance, we can divide the wallet into:
1. All nodes (such as the bitcoin-core core wallet) maintain all the blockchain data (currently above 50GB), completely decentralize and synchronize all the data;
2.SPV light wallet (as compared to too), only to maintain their own blockchain data, basically decentralized (to rely on other nodes in the bitcoin network), only to synchronize their own data;
3. Centralized wallet, do not rely on bitcoin network, only rely on their own centralized server, do not synchronize the data, all the data from their own centralized server


Title: Re: What is Bitcoin Wallet?
Post by: bunsd on January 22, 2018, 07:47:24 AM
Bitcoin wallet allows you to trade with the world. It allows you to have exclusive bitcoin addresses that can be used to receive bitcoins from other people and to pay for others. Like e-mail, bitcoin can be received even when offline, and all wallet software is compatible with each other.


Title: Re: What is Bitcoin Wallet?
Post by: BitcoinCasinoFinder.com on January 22, 2018, 07:48:55 AM
Private keys needed to access a Bitcoin address are stored on a “bitcoin wallet.” Specifically, wallets will allow you access to your public Bitcoin address and sign off on transactions. Few factor to keep in mind when choosing the best bitcoin wallet are anonymity, control and security.


Title: Re: What is Bitcoin Wallet?
Post by: Superpacman on January 22, 2018, 07:50:36 AM
Bitcoin wallet is a sotfware where can you  store your BTC
- it allow to received btc
-withdraw
-varying in terms of safety and security
you have to keep/make a copy for your private key(private) and wallet address.


Title: Re: What is Bitcoin Wallet?
Post by: johnlhy251 on January 22, 2018, 07:52:09 AM
Bitcoin Wallet is like the physical wallet where money stores. And Bitcoin is like the fiat.


Title: Re: What is Bitcoin Wallet?
Post by: jose111 on January 22, 2018, 07:56:28 AM
BITCOIN wallet is bank that might be your better privacy.Bitcoin wallet is your way to save your bitcoin and to withdraw.Each Bitcoin wallet have a code   :)bitcoin wallet is like a ethereum wallet it has a privacy code that your  the one who knows that code. and if your withdraw you need  :)

Yes, bitcoin wallet is what you use to receive, send, and store your bitcoin.Setting up a bitcoin wallet is very easy and takes just a few seconds.
All you need is an email address and a password of your choice. You will be able to send and receive payments immediately.


Title: Re: What is Bitcoin Wallet?
Post by: Zyborg on January 22, 2018, 08:04:27 AM
BTC Wallet is like a storage of your BTC Online.You have proper secret code for your this BTC wallet.You can receive,withdraw BTC through this Online wallet Account.Its like your bank account.With secret code you can use your BTC Wallet.You can download this BTC Wallet from net and can save it on your computer or you can save it online.Online saving is risky.


Title: Re: What is Bitcoin Wallet?
Post by: MilkBi on January 22, 2018, 08:10:29 AM
Bitcoin E-wallet is your bitcoin store, Bitcoin E-wallet allows you to trade with the world and it can be used to get bitcoin from others and pay for others, electronic wallet bitcoin. Not a credit card used to debit a certain business. And the important factor to keep in mind when choosing the best wallet is anonymity, security and control.


Title: Re: What is Bitcoin Wallet?
Post by: kioicoin on January 22, 2018, 08:55:47 AM
We use. Bitcoin wallet to send, accept or pay,  it's like also same with atm 🏧 where you use them to send or received money specially to places where in you cannot just travel to give the money itself... And since bitcoin is a digital currency we need digital wallet to store them. Right?

Bitcoin wallet is actually a total net billing system, your bitcoin balance is actually your bill balance.


Title: Re: What is Bitcoin Wallet?
Post by: RACallanta on January 22, 2018, 09:03:15 AM
A bitcoin wallet is like a bank that we invest or store our bitcoin. Here at the philippines we use the coins.ph for investing my bitcoin. And i love it because i know my bitcoin is secure as i want. On your country, what did you used wallet for your bitcoin? Thank you very much..


Title: Re: What is Bitcoin Wallet?
Post by: shagor106 on January 22, 2018, 09:18:29 AM
bitcoin wallet is a most popular in our country.best of the bitcoin wallet storrage bitcoin save the money.many other person like to bitcoin wallet.so it is a bank system wallet in our countries now.


Title: Re: What is Bitcoin Wallet?
Post by: Klestar on January 22, 2018, 09:30:57 AM
Bitcoin wallet is where you bitcoins can be store like banks for our fiat currency, It is also used to do transactions such as send and receive of bitcoin. Here in Phillipines the most popular local bitcoin wallet is Coins.ph where you can send Php to php, Bitcoin to bitcoin or Bitcoin to php with just a slide of your hand, it really work efficiently with secured features and easy accessible interface.


Title: Re: What is Bitcoin Wallet?
Post by: engrlodi on January 22, 2018, 09:32:18 AM
Bitcoin wallet is where you store your bitcoin in the safe place. It is just like wallet where you store it, and you can withdraw or deposit more bitcoin. It is like a bank where you save your money but in bitcoin wallet is in the digital world where you can't actually hold. By saving in the bitcoin wallet, you need sometimes a private key to have your bitcoin is in the safe place. Don't share your bitcoin private key because this the most important and keep in the secured place.


Title: Re: What is Bitcoin Wallet?
Post by: megatrix on January 23, 2018, 10:08:30 AM
We use. Bitcoin wallet to send, accept or pay,  it's like also same with atm 🏧 where you use them to send or received money specially to places where in you cannot just travel to give the money itself... And since bitcoin is a digital currency we need digital wallet to store them. Right?

He already said it all. This is where you can store or save the bitcoins you have earned and you will be able to pay with it by converting it into money either cashing it out or pay through it right away.


Title: Re: What is Bitcoin Wallet?
Post by: Wittycoin on January 23, 2018, 10:11:17 AM
Bitcoin wallet is a digital wallet where you can store, hold, and transfer your bitcoin.


Title: Re: What is Bitcoin Wallet?
Post by: kitkat04 on January 23, 2018, 10:15:07 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
Bitcoin wallet is an online wallet use to store, keep and protects your bitcoin from different matters.


Title: Re: What is Bitcoin Wallet?
Post by: TiffanyLien23 on January 24, 2018, 12:36:36 AM
Bitcoin wallet is a an online wallet that you can hold your bitcoin. You can transfer it to another bitcoin wallet or save it as well. It contains a password that you should have to be keep and be carefull on not to posr it any sites because it may loose your bitcoin if someone will hack it.


Title: Re: What is Bitcoin Wallet?
Post by: DrGuns4Hands on January 24, 2018, 12:38:14 AM
Bitcoin wallet  is a software program where Bitcoins are stored. To be technically accurate, Bitcoins are not stored anywhere; there is a private key (secret number) for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance.


Title: Re: What is Bitcoin Wallet?
Post by: Asuspawer09 on January 24, 2018, 12:42:14 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.

What you have said was all right. For me, it is like the usual wallet yet a most innovative one. The wallet would count what you have, which is less hassle. This also secures on its own since you don't have to bring this one as a pack of coins or any fiat. It is handy as it can be since it is virtual and coyld be set through mobile phone or ant source of internet. I can say it is a good thing to have specially when you're really into bitcoin.


Title: Re: What is Bitcoin Wallet?
Post by: jeribean on January 24, 2018, 12:43:48 AM
Where you can receive, store or spend bitcoins.


Title: Re: What is Bitcoin Wallet?
Post by: Marrying_Couch on January 24, 2018, 12:49:08 AM
whether bitcoin wallet can move ownership?


Title: Re: What is Bitcoin Wallet?
Post by: acell101 on January 24, 2018, 12:58:36 AM
Bitcoin wallet is a digital wallet it is important to have this wallet because it is an important steps in obtaining bitcoins. Because bitcoin wallet is use to store, send and receive bitcoins.


Title: Re: What is Bitcoin Wallet?
Post by: Makingmoney2018 on January 24, 2018, 01:10:42 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
Bitcoin wallet is also referred to as a digital wallet.  Bitcoin wallet is a clients software program where Bitcoins of bitcoiners are stored. It is very easy and it takes just a few seconds to set-up. It is very important to protect your wallet from the most common dangers and should keep it up to date.


Title: Re: What is Bitcoin Wallet?
Post by: ngerok on January 24, 2018, 01:25:02 AM
whether bitcoin wallet can move ownership?
what do you mean?

whether bitcoin wallet can move ownership? this is a simple thing, you just give your username, wallet id, password, and private key wallet to the person you want. I think it has moved ownership


Title: Re: What is Bitcoin Wallet?
Post by: plaintiff77 on January 24, 2018, 01:25:45 AM
Bitcoin wallet is an app or a program in smartphone or in PC where you can store you bitcoin.It is a digital wallet that needs internet in order for you to cash in,cash out and in any trnasaction youll made.Bitcoin wallet is safe and secure and also in is more convenient because you can use it anytime,anywhere as long as you have internet connection.


Title: Re: What is Bitcoin Wallet?
Post by: adiarsent on January 24, 2018, 01:30:20 AM
In my opinion, Bitcoin Wallet is a very secret application using private key, this application can be downloaded to software to our personal computer and do not let any one who know it, we also have to have Bitcoin wallet to simplify the transaction, the excess can easily transacting even on the way. There are several types of Bitcoin purses one of them desktop wallets and cellular wallets.


Title: Re: What is Bitcoin Wallet?
Post by: btsjimin on January 27, 2018, 01:58:52 PM
Bitcoin wallet is comes in many forms; desktop, mobile, web and hardware are the four main types of wallets. Bitcoin wallet is a software program where Bitcoins are stored that you can use to receive, send, and store bitcoin.


Title: Re: What is Bitcoin Wallet?
Post by: delarossa on January 29, 2018, 07:06:20 AM
Bitcoin Wallet is a wallet that is used to store bitcoin currency that we have, like storing regular money in a pants pocket. but in this case bitcoin wallet is stored in a particular site that does provide a service to make bitcoin wallet.


Title: Re: What is Bitcoin Wallet?
Post by: Hafamot on January 29, 2018, 07:15:33 AM
Bitcoin wallet is a privacy bank, that keep, receive and save your digital coin. It is a keeps digital blockchain of bitcoin.


Title: Re: What is Bitcoin Wallet?
Post by: Iacomus on January 29, 2018, 07:18:12 AM
A bitcoin wallet is where you will put your bitcoin to be safe. I use coins.ph for my bitcoin wallet. It is safe and you don't need to worry about it.


Title: Re: What is Bitcoin Wallet?
Post by: shannen8 on January 29, 2018, 07:53:59 AM
Bitcoin wallet is like a wallet where you put your bitcoin to secure it. It comes from a different form, online or hardware wallet. It is also responsible for making transactions, sending and receiving bitcoins.


Title: Re: What is Bitcoin Wallet?
Post by: Momoamzad on January 29, 2018, 08:04:30 AM
Bitcoin wallet is your saving account. That digitally controlled by only you :D you can use it at any time when you needed. One kind of bank of yours whose owner is only you. :D to earn bitcoin you must have your bitcoin adress. I like to use coinbase as my bitcoin wallet;)


Title: Re: What is Bitcoin Wallet?
Post by: Naveenrandy619 on January 29, 2018, 08:09:24 AM
Bitcoin wallet is a wallet which is used to store our currency in a safer way ..In that we are provided with a private and public address but we want keep safe of our private address because if anyone knows our private key they will withdraw our amount..


Title: Re: What is Bitcoin Wallet?
Post by: Alert31 on January 29, 2018, 08:27:02 AM
   Bitcoin wallet is the first step in using bitcoin. Without this wallet you can't receive,store and spend bitcoins. It is your online digital bank or your personal interface to the regular monetary system. It contains private keys,secret codes and password  that makes your wallet safe and secure.


Title: Re: What is Bitcoin Wallet?
Post by: Bellafatty on January 29, 2018, 08:39:46 AM
Bitcoin wallet is like a pocket or bank account where you can deposit your money or BTC.It is a way where you can invest or spend and receive your money or BTC.


Title: Re: What is Bitcoin Wallet?
Post by: akram143 on January 29, 2018, 08:50:06 AM
Bitcoin wallet is a digital wallet it is important to have this wallet because it is an important steps in obtaining bitcoins. Because bitcoin wallet is use to store, send and receive bitcoins.

A bitcoin wallet is a type of storage place for storing bitcoin in a safe place and it yes to store withdraw and exchange your money in a good and safe way this is the uses of bitcoin's wallet .


Title: Re: What is Bitcoin Wallet?
Post by: szpalata on January 29, 2018, 09:40:31 AM
A bitcoin wallet just like any other fiat or cryptocurrency wallet is  a storage  for in this case "bitcoins" and securely stores the bitcoins with advanced encryptions which can be personalized with private keys that can be generated and kept safe from the public.


Title: Re: What is Bitcoin Wallet?
Post by: PalindromemordnilaP on January 29, 2018, 09:50:52 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.

Good discussion about bitcoin wallet that is very useful for newbie for them to understand what really bitcoin wallet is. Maybe it would be a lot better if you include the safety measure one should consider when having a bitcoin wallet.


Title: Re: What is Bitcoin Wallet?
Post by: desklamp on January 29, 2018, 09:51:28 AM
A “wallet” is basically the Bitcoin equivalent of a bank account. It allows you to receive bitcoins, store them, and then send them to others. There are two main types of wallets. A hot wallet is one that you install on your own computer or mobile device. You are in complete control over the security of your coins, but since they are on a device that is connected to the internet they are less secure. The second type of wallet is a hardware wallet. They maintain high levels of security to protect your coins by storing your coins offline. Offline storage keeps your coins and ata out of reach from hackers.


Title: Re: What is Bitcoin Wallet?
Post by: syaripudin on January 29, 2018, 10:12:08 AM
I have been using my local bitcoin wallet in my country and the reason I use my local bitcoin wallet is because I think using a local bitcoin wallet that exists in my country this will certainly tend to be safer. besides, of course there are some things that I get and, among other things, I think I do not have too much trouble to transfer the fiat money assets I have exchanged from bitcoin assets in my local bitcoin wallet to my bank account.


Title: Re: What is Bitcoin Wallet?
Post by: LogitechMouse on January 29, 2018, 10:30:23 AM
When we heard the word wallet, what is the first thing that comes into our mind? Isn't it "storage of money"? Our money has been stored in our wallet then bitcoin wallet is like a tangible wallet too. Bitcoin wallet is the place where we store our bitcoin. Before you try to transact, you must have a bitcoin wallet first. You can obtain it by generating it or it automatically generates as you register.


Title: Re: What is Bitcoin Wallet?
Post by: genology on January 29, 2018, 10:46:06 AM
It is a digital wallet that you can use through your devices like laptops and smartphones. It can convert your country's currency to Bitcoin anytime and anywhere. There are also wallets that are so user-friendly that it has partner banks and establishments for you to easily cash-in and cash-out from the application.


Title: Re: What is Bitcoin Wallet?
Post by: Alex_ompong on January 29, 2018, 10:51:53 AM
Bitcoin purses are generally referred to as software, bitcoin purses can contain multiple bitcoin addresses, addresses corresponding to private key ...


Title: Re: What is Bitcoin Wallet?
Post by: Ciscopro2000 on January 29, 2018, 10:57:16 AM
Your Bitcoin wallet is your own personal bank.  It is where you store your money, receive money and send money.  You have the sole responsibility to safeguard that money.  If you lose your wallet or money, you cannot complain to a third party authority to retrieve it.  You can use different types of wallets for different purposes.  Online wallets for trading, software wallets are your checking accounts, and hardware wallets are your savings accounts.  


Title: Re: What is Bitcoin Wallet?
Post by: Gotumoot on January 29, 2018, 11:05:25 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.

Yes its true and I want to add some bitcoin wallet used for many things such as different online website. And bitcoin is an internet money so yes , and basically many of bitcoin users use it for illegal , so its responsible of every users of bitcoin either used it for bad or good.


Title: Re: What is Bitcoin Wallet?
Post by: Malamok101 on January 29, 2018, 11:16:13 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.

what bitcoin wallet means is that when it comes to money where you can get your money because once you hold a bitcoin you can earn it and you can also deposit your money at a time to withdraw from the bank.


Title: Re: What is Bitcoin Wallet?
Post by: Ziomuro27 on January 29, 2018, 11:18:55 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
For me Bitcoin wallet is a digital currency where I can put or store my Bitcoin and other currency which can helps me a lot in every different ways, for example in my daily living I can pay my expenses and fees which I never done before. Digital wallet is very important to me and by the way I use coins.ph digital wallet, because I love it.


Title: Re: What is Bitcoin Wallet?
Post by: megatrix on January 29, 2018, 11:35:43 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.

Bitcoin wallet is where we can accept, pay expenses (selected partners only), convert bitcoins into cash etc. It is somehow similar to an atm cards. It totally serves as an 'wallet' and you can also cash in where the bitcoin rate could increase.


Title: Re: What is Bitcoin Wallet?
Post by: metenjean on January 29, 2018, 11:37:41 AM
I think bitcoin wallet is more like a cold storage where you put your bitcoin in a place more like a safety box where you store the key, its not a bank because they didnt hoid responsible for any transaction you made from your wallet and they dont give any spesific interest. It can be a hard wallet or online wallet controlled by third party


Title: Re: What is Bitcoin Wallet?
Post by: Fazlurkhan.kz on January 29, 2018, 12:55:10 PM
Bitcoin is a cryptoCURRENCY. And you need some wallet to store it. Private keys are your wallet. They help keep your bitcoin securely and spend it whenever you want.
As you need a normal wallet to store your fiat local currency. There are some hard wallets available like trezor, ledger which provide the facility to store your bitcoins in a hard wallet which is like a pen drive. It just adds more security to hold your bitcoin in a safer place.


Title: Re: What is Bitcoin Wallet?
Post by: Mymikagab on January 29, 2018, 03:44:09 PM
Bitcoin wallet can be recieved and can send bitcoin to love ones friends etc it is safe and fast the transaction and no tired, secure your bitcoin here high risk but your chance is great here and it looks like a bank you can save your money here


Title: Re: What is Bitcoin Wallet?
Post by: levvv on January 29, 2018, 03:48:21 PM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.

Hey you just answered your own post title  ;D
for me, bitcoin wallet is a wallet that saves your bitcoins in it.
You can use your wallet to send and receive bitcoins. It is handy isn't it ?


Title: Re: What is Bitcoin Wallet?
Post by: Mungurul on January 29, 2018, 03:54:10 PM
Bitcoin wallet is a stored space where bitcoin is kept hold. Bitcoin wallet is both offline and online. I am always prefer online wallet Like Blockchain.info or coinbase.


Title: Re: What is Bitcoin Wallet?
Post by: alfs75 on January 29, 2018, 04:14:29 PM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.

Bitcoin wallet  for me i define it in a simple words,it is a storage of all your asset coming from the digital currency it is a wallet that compose of two creating password that compose of your private and public keys password that sometimes we called it P2P.bitcoin wallet have a different kind of names and its only the bitcoiner choose of which wallet should he choose that comfortable to him ,but for me i choose coin.
ph  only co'z i used my bitcoin in long term investment.there are four different type of wallet that used in crypto currency name that software wallet,online wallet,paper wallet,harware wallet,this all wallet have different factors to use but the commonly secured to used the harware wallet,its is a usb form that you can carry everywhere and generate  keys while on fly because its stand alone.


Title: Re: What is Bitcoin Wallet?
Post by: kashwin663 on February 04, 2018, 03:23:05 PM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
bitcoin wallet is a software program where Bitcoins are stored online.there is a secret number for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance.Bitcoin wallets facilitate sending and receiving Bitcoins and gives Bitcoin balance to the user.


Title: Re: What is Bitcoin Wallet?
Post by: klebsiella on February 04, 2018, 03:41:53 PM
Bitcoin wallet is comparable to a bank account that allows you send, receive and store your bitcoins. In a bank account, you are assigned with a unique account number. In the case of Bitcoin wallet, you are assigned with a unique wallet address which is consisted with 34 random digits that are case sensitive. It is very easy to have one, all you need is an email address and a password.


Title: Re: What is Bitcoin Wallet?
Post by: TheGreatUnknown on February 04, 2018, 03:52:02 PM
A bitcoin wallet is what you use to receive, send, and store your bitcoin. It is a software program where Bitcoins are stored. To be technically accurate, Bitcoins are not stored anywhere; there is a private key (secret number) for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance.


Title: Re: What is Bitcoin Wallet?
Post by: darkangel on February 04, 2018, 04:09:57 PM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
bitcoin used to store bitcoin. All transactions related to bitcoin are needed. It can be viewed as a bank account. You use it to perform transactions. You can get bitcoin, store them and send them to others


Title: Re: What is Bitcoin Wallet?
Post by: Brigalabdis on February 04, 2018, 04:12:09 PM
When we use Bitcoin, the first thing you need to have that is a Bitcoin wallet. Because without a wallet , you can not receive, store or spend bitcoins.
You can think of a wallet as your personal online bank account in Bitcoin network. Bitcoin wallets contain private keys, secret codes that allow you to spend your bitcoins.
A Bitcoin wallet is simply an app, website or device that manages Bitcoin private keys for you.

Yes it is true. Bitcoin wallet is like our bank account.in bitcoin we should use bitcoin wallet inorder for us to store or deposit our bitcoin where we have our bitcoin address and we have also our private key to make sure that our wallet is secured. So we should make sure that we keep our private key in a secured place and not to give to anyone .

The address will become a credit card and it is better than credit card because it is too easy to create than get some credit card and you can do wallet whatever you want but you need to saved your private key that the way to open your account.


Title: Re: What is Bitcoin Wallet?
Post by: NEERAJ ANAND on February 04, 2018, 04:13:50 PM
bitcion wallet is software its work as a bank and keep our digital currency  safe with private key. if you spend money   you can open with private key.


Title: Re: What is Bitcoin Wallet?
Post by: romeo111 on February 04, 2018, 04:16:28 PM
A Bitcoin wallet is a software program where Bitcoins are stored. To be technically accurate, Bitcoins are not stored anywhere; there is a private key (secret number) for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance.

Source: Investopedia


Title: Re: What is Bitcoin Wallet?
Post by: cyruh203 on February 04, 2018, 04:17:49 PM
We use. Bitcoin wallet to send, accept or pay,  it's like also same with atm 🏧 where you use them to send or received money specially to places where in you cannot just travel to give the money itself... And since bitcoin is a digital currency we need digital wallet to store them. Right?


yes its true, bitcoin wallet is a digital crypto wallet which we can recieve and store bitcoin. a wallet that contain a private key that only wallet owner can access on it.
we can use this wallet as our personal bank. easy to recieve and send money to a family and even paying bills.


Title: Re: What is Bitcoin Wallet?
Post by: kanchuka2 on February 04, 2018, 04:21:13 PM
hi :),


A Bitcoin wallet is a wallet(software program) where Bitcoins are stored. To be technically accurate, Bitcoins are not stored anywhere.There is a private key for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance.


Title: Re: What is Bitcoin Wallet?
Post by: rext on February 04, 2018, 04:27:54 PM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
I use a bitcoin wallet to store and protect bitcoin. I use it to trade. Anywhere I can receive or send bitcoin. There are two main types of wallets:
Software wallet: With this wallet you can install it on your personal computer or on your smartphone.
 web wallet, this wallet has the advantage of easy registration and use, but you have to trust the provider to maintain the security of Bitcoin


Title: Re: What is Bitcoin Wallet?
Post by: sampoer23 on February 04, 2018, 04:31:06 PM
To receive Bitcoin payments, Bitcoin submitter must have two things:
1.The amount of Bitcoin to be paid
2.Your Bitcoin wallet address
Bitcoin wallet address (Bitcoin wallet address) is similar to a bank account number. This number consists of a combination of letters and numbers of 26-35 digits. Examples like this: 1ExAmpLe0FaBiTco1NADr3sSV5tsGaMF6hd
This address can also be described with a QR code (so the sender can also scan this QR code with Bitcoin app), without needing to enter a long Bitcoin address on his mobile device.


Title: Re: What is Bitcoin Wallet?
Post by: omerL on February 04, 2018, 04:42:48 PM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
Bitcoin wallet is simply app or web wallet that you most have to hold, send or receive the Bitcoin.
It is like a bank that hold your money just in here no other person  have access to your wallet.
It is very easy use most of the times.


Title: Re: What is Bitcoin Wallet?
Post by: Petmalu001 on February 05, 2018, 03:57:42 AM
A bitcoin wallet is a program to send and receive Bitcoins, Store Bitcoins and Monitor Bitcoin Balances. Just like you need an email program like

Outlook  or Gmail to manage your emails, you need a Bitcoin wallet to manage your bitcoins. Wallets interface with the bitcoin is called

blockchain that global ledger of bitcoin transaction. Wallets monitor bitcoin addresses on the blockchain and update their own balance with each

transaction.


Title: Re: What is Bitcoin Wallet?
Post by: bololord on February 05, 2018, 04:03:22 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
Bitcoin wallet is usually used by bitcoin users to keep the money safe. It is also a sofware program where your money can be stored and needed your own password .Advantage of  this bitcoin wallet is safe and secured to all hackers.


Title: Re: What is Bitcoin Wallet?
Post by: Fantastic33 on February 05, 2018, 04:16:25 AM
Bitcoin wallet is like a bank account on your phone or device where you can receive, store or send bitcoins. Owner of the wallet have this unique btc address (just like a bank account number) which is used when someone wanted to send btc. Bitcoin tnsactions are automatically registered on a ledger called blockchain, where personal details about the sender and receiver are kept private. Transactions are readily available and you can access it whenever you wanted. Some wallets also have features where you can convert bitcoin into a local currency, buy load, pay bills, etc. But you need an internet connection to access it.


Title: Re: What is Bitcoin Wallet?
Post by: Shamie1002 on February 07, 2018, 10:24:33 PM
As an addition to everyone's perspective, wallets are sometimes build differently. Some are online wallets ( which is the one I am using ), offline, hard wllets.

They are storage of bitcoins, sometimes there are available that you can store other coins too.

I use online wallet because this is the only wallet here in our country that you could actually use bitcoins as payment. They built it with direct contact to bills, banks and remittances which makes transactions faster. Though there are fees.


Title: Re: What is Bitcoin Wallet?
Post by: filtyfrank251 on February 07, 2018, 10:38:53 PM
Bitcoin wallet simply understands it as your bank account, it helps you store Bitcoin, which is used to receive and send Bitcoin to others. One can create a lot of Bitcoin addresses because the probability of two identical addresses is 0%. So you can rest assured that your wallet address will not be duplicated with someone else's wallet address.


Title: Re: What is Bitcoin Wallet?
Post by: White32 on February 08, 2018, 02:50:19 AM
Bitcoin wallet is like a bank where you can store your bitcoin it allows you to recieve money from someone to another. It require a strictly private key to open or access this wallet. To be technically accurate bitcoin is not store anywhere.


Title: Re: What is Bitcoin Wallet?
Post by: Nobel Jane on February 08, 2018, 03:10:56 AM
Bitcoin wallet is like a bank account where you can save all your money from it. Bitcoin wallet is also a wallet where you can use anywhere exampe buyig, sending money and so on.


Title: Re: What is Bitcoin Wallet?
Post by: Daboy_Lyle on February 08, 2018, 03:23:31 AM
Bitcoin wallet is the place where to store your bitcoins. There are many kinds of bitcoin wallet, the best wallet is an hardware wallet. Online wallets can be easily hacked by other user but the best way is use 2 Factors authentication to avoid wallet being hacked.


Title: Re: What is Bitcoin Wallet?
Post by: gareng1468 on February 08, 2018, 05:56:36 AM
where it is safe to store your coin, which gives the user: pass anywhere because it will keep your storage at risk


Title: Re: What is Bitcoin Wallet?
Post by: DoublerHunter on February 08, 2018, 10:51:40 AM
Bitcoin wallet is where you will be storing your bitcoin in order to not put it on a high risk by putting it somewhere that is not really trusted. Bitcoin wallet have a lot of types and they are online wallets, desktop wallets, paper wallets and also the most secured and most reliable type of wallet, the hardware wallet. You really need this because without this you can control your bitcoin at your full potential.


Title: Re: What is Bitcoin Wallet?
Post by: Tiktik on February 08, 2018, 10:57:34 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
A bitcoin wallet is a virtual wallet where you can put your bitcoins.It is more good because when you have it you can monitor what amount of money you have .because you can check it from time to time.Just log in your account and put your password and there you go.


Title: Re: What is Bitcoin Wallet?
Post by: jason meneses on February 08, 2018, 11:01:01 AM
Bitcoin wallet is our bank account .. If we get token to airdrop and bounty the bitcoin wallet are recieving our token to the wallet until we sell the token.. 


Title: Re: What is Bitcoin Wallet?
Post by: bitctrimor1 on February 08, 2018, 11:06:58 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.

A bitcoin wallet is, by function, similar to a wallet. Imagine that bitcoin is money, and a wallet is where you put that money. However, this wallet is different because it is made of a set of encrypted codes that keeps data. That data is your cryptocurrency holdings. Wallets can hold many different coins and tokens. Since it's a combination of encrypted data, you can store it anywhere, even offline, in a USB. You just need to input the code in the site that support it for you to open the wallet.


Title: Re: What is Bitcoin Wallet?
Post by: sandarajasmine on February 08, 2018, 11:10:41 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
Bitcoin wallet can be online or offline. You can pick any of the two, there are advantages and disadvantages which you can experience if you use it. This wallet can use to keep you wallet secured.

Yup. I second that, as the person above said the wallet has its own unique private key which makes it only the users who have to access of the wallet can perform any transactions.


Title: Re: What is Bitcoin Wallet?
Post by: Isaak Brenner on February 08, 2018, 11:19:03 AM

Custodial wallets, which store Bitcoin keys on the internet through a third-party website, also allow users to access their bitcoins from almost anywhere. There is, however, the potential danger associated with entrusting someone else with that information.

Bitcoin paper wallet services provide users with a Bitcoin address and two QR codes, one that links to that address and another that provides the private key necessary for transferring bitcoins stored on it. The thinking is that this eliminates the digital storage of the key and, therefore, the potential of a cyber attack.


Title: Re: What is Bitcoin Wallet?
Post by: Damian Banks on February 08, 2018, 11:21:01 AM
anothar wallets:
Desktop wallets allow users to create an address for sending and receiving bitcoins and provide a place to store the private key for doing so. This can be done by downloading software to an individual computer.

Mobile wallets, accessed through apps, allow users to transact on the go. While “full Bitcoin” clients download the entire Bitcoin blockchain, mobile wallets are designed to utilize only a small fraction of the blockchain and rely on other nodes within that network to access the remaining necessary information. :o


Title: Re: What is Bitcoin Wallet?
Post by: James Newman on February 08, 2018, 11:27:32 AM
What is a Bitcoin Wallet?
A “wallet” is basically the Bitcoin equivalent of a bank account. It allows you to receive bitcoins, store them, and then send them to others. There are two main types of wallets.

A hot wallet is one that you install on your own computer or mobile device. You are in complete control over the security of your coins, but since they are on a device that is connected to the internet they are less secure.

The second type of wallet is a hardware wallet. They maintain high levels of security to protect your coins by storing your coins offline. Offline storage keeps your coins and ata out of reach from hackers.

The two most popular hardware wallets are the Ledger Nano S and TREZOR.


Title: Re: What is Bitcoin Wallet?
Post by: niktuneable on February 08, 2018, 11:39:31 AM
Bitcoin wallet is simply a software that do the cryptographic operations to approve transactions, there you have your bitcoins and you can send-receive transactions. Is something like having your own automatic cashier in your mobile/computer.


Title: Re: What is Bitcoin Wallet?
Post by: Uriel80 on February 08, 2018, 12:13:26 PM
Very good explanation. Please, if someone could explain a little more about the paper wallets, this is not very clear to me.


Title: Re: What is Bitcoin Wallet?
Post by: Azlan2020 on February 08, 2018, 12:26:31 PM
Seperti halnya uang, bitcoin juga membutuhkan tempat penyimpanan yang bisa disebut dompet atau lebih populernya dengan sebutan rekening bitcoin.
Jika di ibaratkan,dompet bitcoin adalah sama halnya dengan jenis bank yang ingin anda pilih untuk menyimpan uang anda. Memiliki fungsi yang sama, yaitu sebagai tempat penyimpanan dan media transfer. ;)


Title: Re: What is Bitcoin Wallet?
Post by: coinxwife on February 08, 2018, 02:53:55 PM
BITCOIN wallet is bank that might be your better privacy.Bitcoin wallet is your way to save your bitcoin and to withdraw.Each Bitcoin wallet have a code   :)bitcoin wallet is like a ethereum wallet it has a privacy code that your  the one who knows that code. and if your withdraw you need  :)
Yes it is a  new way of saving money in an eletronic wallet but not in a bank anymore,you can store all your savings/crypto money through it,and its the easiest way on to send and receive to any transactions.


Title: Re: What is Bitcoin Wallet?
Post by: thanhqn on February 08, 2018, 02:58:14 PM
The bitcoin wallet is where you store bitcoin. You can transfer and receive bitcoin there. You can create thousands of bitcoin addresses. The bitcoin wallet present: coinbase-blockchain-coinpayments....


Title: Re: What is Bitcoin Wallet?
Post by: niemsarkar on February 08, 2018, 03:06:44 PM
A Bitcoin wallet is a software program where Bitcoins are stored. To be technically accurate, Bitcoins are not stored anywhere; there is a private key (secret number) for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance. Bitcoin wallets facilitate sending and receiving Bitcoins and gives ownership of the Bitcoin balance to the user.  The Bitcoin wallet comes in many forms; desktop, mobile, web and hardware are the four main types of wallets.


Title: Re: What is Bitcoin Wallet?
Post by: ashlyvash00 on February 08, 2018, 03:08:22 PM


      For me bitcoin wallet is a kind of apps that can hold your bitcoin in a safe and secured. Because if you let you money in a exchanger there chances that you bitcoin will be gone there thats we need a self wallet..


Title: Re: What is Bitcoin Wallet?
Post by: jobe101 on February 09, 2018, 07:16:26 AM
A bitcoin wallet is what you use to receive, send, and store your bitcoin. Just like a bank account which has an assigned, unique bank account number, your bitcoin wallet has an assigned, unique wallet address. You can use wallets from any bitcoin wallet provider you prefer. You can also open wallet accounts with as many providers as you like.  ;)


Title: Re: What is Bitcoin Wallet?
Post by: jhezmark on February 09, 2018, 07:23:20 AM
Bitcoin wallet is needed. Because the bitcoin you earn you need to put to your bitcoin wallet to coaim it directly or you ca  keep it safely and in bitcoin wallet you can invest bitcoin you can put it in your wallet.


Title: Re: What is Bitcoin Wallet?
Post by: Rolf Walker on February 09, 2018, 07:36:57 AM
Types of wallets:
-Paper
-Mobile
-Web
-Desktop
-Hardware
Bitcoin wallets and security
Possible problems
Catching malware. Malicious software can scan your disk and find your private keys. Seconds later, all your Bitcoins can be gone.
A trojan can encrypt all the files on your hard drive. Afterwards, it might find all links to your wallets, realize how much money you own and demand that exact amount of Bitcoins to decrypt your hard drive.
A virtual exchange can run away with your money.
You can lose your laptop or your phone with your wallets installed on them.
Pieces of advice
Avoid using any kinds of wallets that require Internet connection; use cold storage options instead.
Always be cautious and double-check everything. For instance, you could receive an email made to look like it’s from BlockWallet, but it is actually from BlokcWallet. If you authorize it, your Bitcoins will disappear immediately.


Title: Re: What is Bitcoin Wallet?
Post by: Mark Sherman on February 09, 2018, 07:38:18 AM
A “wallet” is basically the Bitcoin equivalent of a bank account. It allows you to receive bitcoins, store them, and then send them to others. There are two main types of wallets.

A hot wallet is one that you install on your own computer or mobile device. You are in complete control over the security of your coins, but since they are on a device that is connected to the internet they are less secure.

The second type of wallet is a hardware wallet. They maintain high levels of security to protect your coins by storing your coins offline. Offline storage keeps your coins and ata out of reach from hackers.


Title: Re: What is Bitcoin Wallet?
Post by: ThePresident on February 09, 2018, 07:39:29 AM
Bitcoin wallet, is an e-wallet, an app perhaps which allows gou to create an account for you to send and save your coins. So basically its more like a bank acct for you bitcoin. But an E-Wallet where you put your bitcoin is.


Title: Re: What is Bitcoin Wallet?
Post by: drakegon on February 09, 2018, 07:42:05 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.

Well, i try to not keep my money in one single wallet. I like to use Exodus for it's user interface and Electrum. These 2 are my favorites wallets.


Title: Re: What is Bitcoin Wallet?
Post by: DrYe5 on February 09, 2018, 07:44:34 AM
A bitcoin wallet is what you use to receive, send, and store your bitcoin. Just like a bank account which has an assigned, unique bank account number, your bitcoin wallet has an assigned, unique wallet address. You can use wallets from any bitcoin wallet provider you prefer. You can also open wallet accounts with as many providers as you like.  ;)
As for web wallets, they allow you to use Bitcoins from anywhere, on any browser or mobile. The selection of your web wallet must be done carefully since it stores your private keys online. Coinbase and Blockchain are popular web wallet providers.


Title: Re: What is Bitcoin Wallet?
Post by: ridwan99 on February 09, 2018, 05:51:39 PM
Bitcoin wallet great opportunity for our..Bitcoin wallet is like our bank account. bitcoin wallet for us to store or deposit. So we should make sure that we keep our private key in a secured place and not to give to anyone .


Title: Re: What is Bitcoin Wallet?
Post by: uchiikina14 on February 11, 2018, 11:14:17 AM
What is bitcoin wallet?
 - You can search the meaning of the bitcoin wallet on the internet or in the Google. But for me bitcoin wallet is where receive and store BTC. Similar to a traditional wallet you may carry in your pocket, a bitcoin wallet is used to store money. The difference is that instead of storing a collection of bills and cards, a bitcoin wallet stores a collection of bitcoin private keys. Typically a wallet is encrypted with a password or otherwise protected from unauthorized access.


Title: Re: What is Bitcoin Wallet?
Post by: Fotoriki on February 13, 2018, 03:07:34 PM
Bitcoin wallet is an electronic image of a device for storing Bitcoin electronic cryptocurrency banknotes. There is stored a key that allows you to dispose of virtual money.
Typically, the keys are stored in an encrypted wallet file.dat (wallet), password protected.


Title: Re: What is Bitcoin Wallet?
Post by: Bountyhunter01 on February 13, 2018, 03:22:06 PM
Bitcoin talk is a electronik id , online id , internet id . in this , internet connection connectiopn must be required.  you can received any types of coin in a proper wallet address. I when i enter in bitcoin talk id, we will firstly need to have  a Bitcoin wallet. Because without a wallet , you can not store , spend ,received a bitcoins. for e.g. we can not open a bank account without a bank account number. so , firstly we need a wallet address in bitcoin talk.


Title: Re: What is Bitcoin Wallet?
Post by: ramirocryptobanana on February 13, 2018, 03:25:23 PM
If we want to know about any crypto, first we should need to about its wallet. Bitcoin wallet is a software program where we can store Bitcoins. Bitcoins are not stored anywhere. There will be a private key which is also called secret key for this wallet.


Title: Re: What is Bitcoin Wallet?
Post by: Max.junior1 on February 13, 2018, 03:38:21 PM
The bitcoin wallet serves as a storage for the richness of bitcoin we have. Bitcoin is the digital currency, saving money also through the computer. If you do not have a bitcoin wallet, please go here https://www.myetherwallet.com/


Title: Re: What is Bitcoin Wallet?
Post by: Baby Dragon on February 13, 2018, 04:05:50 PM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
Bitcoin wallet can be online or offline. You can pick any of the two, there are advantages and disadvantages which you can experience if you use it. This wallet can use to keep you wallet secured.
There are many kinds of wallet and it will depend to you what wallet will you use. In addition to that, I prefer to use online wallet because it is very easy to use and it is very accessible. And if you use offline wallet you need to install it to your computer or laptop. I think its more secure to use online wallet.


Title: Re: What is Bitcoin Wallet?
Post by: romeo111 on February 13, 2018, 06:36:06 PM
As a single word we can define bitcoin wallet is a place where we keep our balance secure. But originally Bitcoin Wallet definition is
A Bitcoin wallet is a software program where Bitcoins are stored and technically accurate, Bitcoins are not stored anywhere; there is a private key (secret number) for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance.


Title: Re: What is Bitcoin Wallet?
Post by: lioking on February 13, 2018, 07:24:07 PM
A Bitcoin wallet is a digital  program where Bitcoins are stored.there is a private key (secret number) for every Bitcoin address that is saved in the Bitcoin wallet.Bitcoin wallets for sending and receiving Bitcoins.the four main types of wallets comes in desktop,mobile,web,and hardware.most secure wallet it is.


Title: Re: What is Bitcoin Wallet?
Post by: Pegiz on February 19, 2018, 05:59:03 AM
Bitcoin wallet is like a bank where you can store your bitcoin it allows you to recieve money from someone to another. It require a strictly private key to open or access this wallet. To be technically accurate bitcoin is not store anywhere.
What's the safest bitcoin wallet? I heard that there's an online version, offline one and that in general a paper wallet. Which one of them is the safest?


Title: Re: What is Bitcoin Wallet?
Post by: JRACPJRL on February 19, 2018, 06:13:25 AM
Bitcoins may not arrive in a physical shape, but rather despite everything you require a place to store them - somewhere where no one but you can get to them. That is the place a bitcoin wallet comes in. A bitcoin wallet is a product program that stores the record of each bitcoin you possess. Bitcoin wallets come in a wide range of structures, and it's essential to comprehend them - and how to guard them - before you even begin purchasing bitcoins.


Title: Re: What is Bitcoin Wallet?
Post by: cryptotaste on February 19, 2018, 07:26:57 AM
Bitcoin wallet The equivalent of a physical wallet in a Bitcoin network. The wallet actually contains your private key, allowing you to consume the bitcoin allocated to the wallet in the blockchain.


Title: Re: What is Bitcoin Wallet?
Post by: Windbeard on February 19, 2018, 07:39:23 AM
This is a decentralized digital currency, which is made and works only on the Internet. As Russia has a ruble, the US has a dollar, Japan has a yen, so the Internet has its own currency - bitcoin. If "on the ground" you are forced to use this or that currency depending on the country in which we are, then no one forces bitcoin - it is the free choice of each person.


Title: Re: What is Bitcoin Wallet?
Post by: AlexAtom on February 19, 2018, 08:01:14 AM
Bitcoin wallet is a wallet that saves your bitcoin ballance.
and yes, you already answer it.


Title: Re: What is Bitcoin Wallet?
Post by: kikoy999 on February 19, 2018, 08:10:05 AM
bitcoin wallet you need to do before you bitcoin because you do not invest in bitcoin if you do not have a wallet because they will put your money, and the bitcoin wallet resembles a bank because you are also storing your money in a bank and it does not handle other people because you only have access to your wallet.


Title: Re: What is Bitcoin Wallet?
Post by: laravuemaster on February 19, 2018, 08:36:48 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.

Yes you are right and this are the advantage of having an online wallet because it has a small probability of getting hacked. There is also a coin holder called nano ledger i think it was better than online wallets because it can hold your coin even you are not connected to the internet.


Title: Re: What is Bitcoin Wallet?
Post by: franzkie345 on February 19, 2018, 08:49:13 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
It is your secret key wallet that you can stored your earnings with bitcoin.We should secured this wallet because it connects or let's say converted directly to the fiat.


Title: Re: What is Bitcoin Wallet?
Post by: DMC_Ken on February 19, 2018, 11:47:33 AM
Bitcoin wallet is like a bank that we can store our money and to secure our money, because in our wallet we have a address so we can trade and spend our money and we have private key in out wallet to secure and only us that can open it.


Title: Re: What is Bitcoin Wallet?
Post by: Achel on February 19, 2018, 12:41:18 PM
A bitcoin wallet is what you use to receive, send and store your bitcoin. Setting upa bitcoin wallet is very easy and take just a few seconds.


Title: Re: What is Bitcoin Wallet?
Post by: Rc Cola on February 19, 2018, 01:02:52 PM
Bitcoin wallet is where can you store your Bitcoin. It is like a bank you can deposit and withdraw , a Bitcoin address is like your account number in a tangible bank. This address is the one you will give if someone will pay you in Bitcoin like when you mine or you ask to do a job and the mode of payment is thru a Bitcoin the coins that will be awarded to you will be redirected to your Bitcoin wallet. Just like a bank there is a pin code it must be private there are respective codes to enter your wallet so kept it in your self. You can store all your Bitcoin here and wait for the perfect timing to sell it in a tangible money.


Title: Re: What is Bitcoin Wallet?
Post by: Braydean on February 19, 2018, 07:35:10 PM
Bitcoin wallet is a type of storage where you can store your bitcoin too many wallet out thier such us blockchain,nano,trezor,etc.


Title: Re: What is Bitcoin Wallet?
Post by: sesilab on February 20, 2018, 11:07:49 PM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
DEFINITION OF BITCOIN DOMPET. Wallet Bitcoin, is the place (purse) of Bitcoin storage. Somebody, will not be able to have Bitcoin without Bitcoin storage (Bitcoin Wallet / Wallet Bitcoin). Bitcoin wallet function is to store some cryptographic keypair, or more commonly known as "Bitcoin Address" (Bitcoin address) .



Title: Re: What is Bitcoin Wallet?
Post by: Adine.lablab on February 21, 2018, 01:55:57 AM
A bitcoin wallet is a software program where bitcoins are stored. To be technically accurate bitcoins are not stored anywhere there is a private key or a secret number for every bitcoin address that is saved in the bitcoin wallet of the person who owns the balance.


Title: Re: What is Bitcoin Wallet?
Post by: sumosama on February 21, 2018, 04:36:48 AM
Bitcoins are places to keep your bitcoin. You can go out and be free to transfer and receive bitcoin. The safest place to keep bitcoin is to keep them on other websites.


Title: Re: What is Bitcoin Wallet?
Post by: Portia12 on February 21, 2018, 04:52:13 AM
Bitcoin wallet is commonly use to store all you bitcoin or other cryptocurrency. You can use it as a wallet and use to pay you utility bills. It is also use to transfer wallet to wallet. This is the safest place to keep your cryptocurrency or bitcoin.


Title: Re: What is Bitcoin Wallet?
Post by: sesilab on February 22, 2018, 03:46:14 PM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
DEFINITION OF BITCOIN DOMPET. Wallet Bitcoin, is the place (purse) of Bitcoin storage. Somebody, will not be able to have Bitcoin without Bitcoin storage (Bitcoin Wallet / Wallet Bitcoin). Bitcoin wallet function is to store some cryptographic keypair, or more commonly known as "Bitcoin Address" (Bitcoin address).

 
The nature of the Bitcoin Wallet is different from the conventional wallets we used to know, whose function is to save some money. while, Bitcoin Wallet has a different function, because the Bitcoin wallet will organize a number of Bitcoin address (Bitcoin address) owned by the user.
while the amount of funds owned by the user can be accessed by requesting data amount of funds contained in Bitcoin addresses owned and add them.
Inside Bitcoin, a Bitcoin user, can have many bitcoin addresses. with address bitcoin (Bitcoin Address) is, Bitcoin users can transact each other, either send or receive Bitcoin from other users .


Title: Re: What is Bitcoin Wallet?
Post by: sureshotcoin on February 25, 2018, 05:17:25 AM
Bitcoin wallet we can save Bitcoins for long term purpose highly secured with private keys and 2fa verification


Title: Re: What is Bitcoin Wallet?
Post by: Cofee mix on February 25, 2018, 05:28:21 AM
Address Bitcoin, is the ( purse ) storage Bitcoin. Someone, will not be able to have Bitcoin without having a storage Bitcoin ( Dompet Bitcoin / Wallet Bitcoin ). The function saya Bitcoin this is to save some keypair kriptografi, or more commonly known as “Bitcoin Address” ( address Bitcoin ).


Title: Re: What is Bitcoin Wallet?
Post by: karin9222 on February 25, 2018, 07:31:25 AM
Bitcoin Wallet is a place where you can store your Bitcoin balance efficiently and securely. You are your own bank which makes it your responsibility to maintain the safety of your own wallet. In Bitcoin wallet you can also receive and send BTC and withdraw to make real money  :D


Title: Re: What is Bitcoin Wallet?
Post by: DMC_Ken on February 25, 2018, 07:43:02 AM
bitcoin wallet is the one that we can keep our coin to a safe place like a bank that we are using now to keep our money safe, and in bitcoin wallet we can use it trading to other people by using our address so we can trade.


Title: Re: What is Bitcoin Wallet?
Post by: kalawang on February 25, 2018, 07:48:49 AM
Bitcoin wallet is a personal storage for cryptocurrency or specifically made for bitcoin. It has a keys that is either compose of letters and numbers or a mix of it which will you be needing to access to it. It is the first thing you need if you want to have a bitcoin to store, prices may move on bitcoin wallet depends on how bitcoin behave on a cryptomarket cause its parallel to it.


Title: Re: What is Bitcoin Wallet?
Post by: 610S on February 25, 2018, 08:38:22 AM
There are two money wallet in this online market Bitcoin wallet and ethereum wallet as like Any other wallet if you need Bitcoin wallet you can use blockchain because blockchain is a bitcoin and ethereum wallet


Title: Re: What is Bitcoin Wallet?
Post by: Dudeperfect on February 25, 2018, 08:50:51 AM
There is a misconception going around when it comes to the holding Bitcoin, I have a friend who kept his Bitcoins on the exchange and he thinks that it is secure. However, it is killing the core purpose of Bitcoin that emphasizes on holding the values without relying on the third parties. I tried to explain him the fundamental difference between holding Bitcoin on an exchange or anywhere on the web and holding it in a paper or hardware wallet.

A bitcoin wallet is nothing but a key that is required for making outgoing transactions and anyone having the key has the access and full control to your Bitcoins irrespective of the contracts, promises, security features etc etc.


Title: Re: What is Bitcoin Wallet?
Post by: natalagerman95 on February 26, 2018, 02:28:11 PM
Myetherwallet the fastest and most convenient wallet I've been using it for a long time and since it has code 20, I can participate in bounty companies thanks to it.


Title: Re: What is Bitcoin Wallet?
Post by: 12tribes on February 26, 2018, 02:31:16 PM
A bitcoin wallet simply put is a digital wallet win which funds can be stored or held. It has features of your personal identity which you supplied during registration and may have multi layers of security to prevent fund theft or loss.


Title: Re: What is Bitcoin Wallet?
Post by: juiceannabel on February 26, 2018, 05:19:17 PM
it is simple, bitcoin wallet is a virtual or digital wallet, that save your bitcoin in it.
you can use your wallet to do transaction such as, send, receive, trading, investing using bitcoin.


Title: Re: What is Bitcoin Wallet?
Post by: Geraico on February 26, 2018, 05:24:20 PM
Are 2 types of wallets online and offline. Any of them has different things advantages and the other way round. A wallet keeps your btc secure


Title: Re: What is Bitcoin Wallet?
Post by: Larva14 on February 26, 2018, 05:28:44 PM
BITCOIN wallet is bank that might be your better privacy.Bitcoin wallet is your way to save your bitcoin and to withdraw.Each Bitcoin wallet have a code   :)bitcoin wallet is like a ethereum wallet it has a privacy code that your  the one who knows that code. and if your withdraw you need  :)
Actually, bitcoin wallet is a place where you can put your bitcoin and there are lot of bitcoin wallet that you can used. On the other hand, all bitcoin wallet will help you to secure your bitcoin and it will keep your bitcoin safe and it have some code that you are the only one who knows it.


Title: Re: What is Bitcoin Wallet?
Post by: hoangthipro244 on February 26, 2018, 05:42:51 PM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
Thank you for the information that many of us already know. and it's needed for new people . I think it's like a normal money wallet ;D ;D


Title: Re: What is Bitcoin Wallet?
Post by: momoro on February 27, 2018, 09:10:38 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
DEFINITION OF BITCOIN DOMPET. Wallet Bitcoin, is the place (purse) of Bitcoin storage. Somebody, will not be able to have Bitcoin without Bitcoin storage (Bitcoin Wallet / Wallet Bitcoin). Bitcoin wallet function is to store some cryptographic keypair, or more commonly known as "Bitcoin Address" (Bitcoin address) .


Title: Re: What is Bitcoin Wallet?
Post by: money1122 on February 27, 2018, 09:40:27 AM
Bitcoin wallet is online banking bro and you can get also benefit,s this types banking 8) 8)


Title: Re: What is Bitcoin Wallet?
Post by: bakiak78 on February 27, 2018, 10:08:27 AM
Wallet Bitcoin, is the place (purse) of Bitcoin storage. Somebody, will not be able to have Bitcoin without Bitcoin storage (Bitcoin Wallet / Wallet Bitcoin). Every Bitcoin purse has a code, a bitcoin wallet like an ethereum wallet that has a privacy code that you know the code is and if you draw you need


Title: Re: What is Bitcoin Wallet?
Post by: Ronni on February 27, 2018, 10:11:50 AM
Bitcoin wallet serves as a storage for a bitcoin, it is like a bank where you can deposit and withdraw it into cash. Bitcoin wallets are typically seen online which requires private keys or accounts. It is for the safety of the bitcoins of many people in this world. Also, bitcoin wallet is an important thing because when you do not have bitcoin wallet, you do not have the capability to store bitcoin when you earn some.


Title: Re: What is Bitcoin Wallet?
Post by: mr.bean865 on February 27, 2018, 10:17:40 AM
There are different valets of bitcoin currently exist and bitcoin valet is used to keep your bitcoin safe by different methods. When you have bitcoin, first thing you need is to place is somewhere safe and it is just like a bank and you are the only person to access to your account where you can send or receive bitcoin and convert in to some other coins as well.


Title: Re: What is Bitcoin Wallet?
Post by: kyle999 on February 27, 2018, 10:43:31 AM
bitcoin wallet is like a wallet wallet and if bitcoin wallet namn bitcoin is fixed here the bitcoin wallet is very valuable before you start with bitcoin whether you invest or work in the forum.


Title: Re: What is Bitcoin Wallet?
Post by: bitfocus on February 27, 2018, 10:48:15 AM
Bitcoin wallet is your personal storage (like your personal bank) to keep your Bitcoins and you can send any amount of Bitcoin from your wallet to another person's wallet.


Title: Re: What is Bitcoin Wallet?
Post by: Sab11 on February 27, 2018, 10:55:14 AM
Theres a lot of bitcoin wallet like online, offline etc, bitcoin wallet serve as a storage for bitcoins, by the way all wallets have a security codes thats help you and your bitcoin to get secure from hackers.


Title: Re: What is Bitcoin Wallet?
Post by: VBCryp@ on February 27, 2018, 11:02:40 AM
I think the bitcoin e wallet is like your wallet, and it is very valuable before you start with bitcoin whether you invest or work in the forum. E-wallet Bitcoin acts as a bitcoin storage. When you have bitcoin, the first thing you need is to put somewhere safe and it's like a bank and you are the only one to access your account where you can send or receive bitcoin and convert to some other currency.


Title: Re: What is Bitcoin Wallet?
Post by: Tashi on February 27, 2018, 01:02:00 PM
A bitcoin wallet is a digital storage where you can keep your bitcoins safe and secured, along with it is your private key. It is important not to share private keys to anybody.


Title: Re: What is Bitcoin Wallet?
Post by: abhishek_bittu on February 28, 2018, 06:09:22 AM
Information that enables you to access the coins that are in the blockchain.

So each coin always remains in an address on the blockchain - that means NONE of your cryptoassets is in your hard/soft wallet or in your exchange account.

The main point, you do not know on what address on blockchain are your coins, there are simply too many possibilities to guess the address.

So many, so much so that it is more likely that all of your electrons in your body are doing quantum tunneling, and you go through a wall and get out on the other side without ever touching the wall, then you finding an address on a blockchain by a chance.


Title: Re: What is Bitcoin Wallet?
Post by: Janademir4 on February 28, 2018, 06:17:09 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
the wallet address is like the account number used as the address for altcoin owners including bitcoin, which later the wallet address is used as an address to send altcoi that we can from bountu mining or trading


Title: Re: What is Bitcoin Wallet?
Post by: fransbenotius on February 28, 2018, 06:33:43 AM
Bitcoin wallet is an account for us to save our coin that we get from bounty or investment. We use our wallet to save until we think the value of coin is right before we withdraw it in real money or buy something with coin.


Title: Re: What is Bitcoin Wallet?
Post by: Donceng on February 28, 2018, 06:34:34 AM
it is true that bitcoin wallet is very secure, because it is equipped with a very secured lock (with a very secret password) with this wallet our lives so frugal, different from saving money in the bank, we can not save because in the time of our need with quickly take it, if in this wallet we will think twice.


Title: Re: What is Bitcoin Wallet?
Post by: barabut on February 28, 2018, 06:38:45 AM
It is a digital wallet to store your digital currencies, it is much more safer to store them in an exchange or online system wallets. There are mainly four types of wallet are desktop, mobile, web and hardware.


Title: Re: What is Bitcoin Wallet?
Post by: muhammed27aslam on February 28, 2018, 06:44:45 AM
A logical storage where you store bitcoin and have the private key with you.


Title: Re: What is Bitcoin Wallet?
Post by: dedens212 on February 28, 2018, 06:50:55 AM
according to information I've read that Bitcoin Wallet is a place where you can store your Bitcoin balance efficiently and securely. To create your own wallet, you can visit sites or companies that offer services in providing secure Bitcoin wallets such as: Blockchain.info, Hive or BitGo. You can also choose and compare the benefits and risks of using these wallets. because in the Bitcoin world, you are your own bank which makes it your responsibility to maintain the safety of your own wallet.;)


Title: Re: What is Bitcoin Wallet?
Post by: nene14 on February 28, 2018, 07:46:15 AM
I think bitcoin wallet is an application do we use when we have an investment or saving our bitcoin money,.It is also has security when we put our money in it,its like a bank that has a private key,and you just the only one can control your own bank.It is also secure in your own hands while your in or outside your country.So we need to install it in our mobile phone if your a bitcoin investor or even working in a world of bitcoin..


Title: Re: What is Bitcoin Wallet?
Post by: jrrsparkles on February 28, 2018, 07:53:34 AM
Bitcoin wallet is online banking bro and you can get also benefit,s this types banking 8) 8)
You have to know what is bitcoin wallet first, ???.It is not a banking it is a wallet where we are allowed to store of bitcoin funds there are different types of bitcoin wallets are available
1.Hot wallet
2.software wallet
3.Hardware wallet


Title: Re: What is Bitcoin Wallet?
Post by: zaytsevsasha654 on February 28, 2018, 07:21:26 PM
Hello! I have been investing for more than 2 years. Now I invest in the project ks monitor, I advise everyone to join


Title: Re: What is Bitcoin Wallet?
Post by: AltcoinAuthority on February 28, 2018, 11:32:14 PM
Hello! I have been investing for more than 2 years. Now I invest in the project ks monitor, I advise everyone to join
I want you to know what you are doing. Why are you promoting that project if you have no idea on how to post inside a forum?


Title: Re: What is Bitcoin Wallet?
Post by: kxshcb on March 01, 2018, 12:06:19 AM
A bitcoin wallet is what you use to receive, send, and store your bitcoin. Setting up a bitcoin wallet is very simple and takes just a few seconds. All you need is an email address and a password of your choice. You will be able to send and receive payments immediately. It will serve as bank account of digital currency. There are four different kinds of wallets: desktop wallets, browser-based wallets, mobile wallets, and hardware wallets. They differ mainly in where they are stored.

 


Title: Re: What is Bitcoin Wallet?
Post by: Awan Awan on March 01, 2018, 12:10:46 AM
When we use Bitcoin, the first thing you need to have that is a Bitcoin wallet. Because without a wallet , you can not receive, store or spend bitcoins.
You can think of a wallet as your personal online bank account in Bitcoin network. Bitcoin wallets contain private keys, secret codes that allow you to spend your bitcoins.
A Bitcoin wallet is simply an app, website or device that manages Bitcoin private keys for you.

Yes it is true. Bitcoin wallet is like our bank account.in bitcoin we should use bitcoin wallet inorder for us to store or deposit our bitcoin where we have our bitcoin address and we have also our private key to make sure that our wallet is secured. So we should make sure that we keep our private key in a secured place and not to give to anyone .

Its more than bank i think since we have fully control it and nobody else have that control.
If bank, the bank people also know our data and they have control to our account. But the use is the same.


Title: Re: What is Bitcoin Wallet?
Post by: pdutta on March 01, 2018, 04:50:11 AM
Bitcoin wallet is a software coding where bitcoins are stored as safe and secured along with private key. Bitcoin wallets facilitate sending and receiving bitcoins and gives ownership of the bitcoin balance to the user. Bitcoin wallets come in many different forms as Mobile, desktop, web, Paper wallets and USB device.


Title: Re: What is Bitcoin Wallet?
Post by: Theo222 on March 01, 2018, 04:57:38 AM
Bitcoin wallet is a program or an application that can be use to store all our bitcoin or moneys. We use bitcoin wallet to make sure our money is safe and secured because they use a greate keys to avoid scamming. Bitcoin wallet can be use in phone, desktop and laptops.


Title: Re: What is Bitcoin Wallet?
Post by: unsquidly on March 01, 2018, 05:09:44 AM
A “wallet” is basically the Bitcoin equivalent of a bank account. It allows you to receive bitcoins, store them, and then send them to others. There are two main types of wallets.


Title: Re: What is Bitcoin Wallet?
Post by: JPablo on March 01, 2018, 05:13:40 AM
Bitcoin wallet is a computer or mobile client, after installation, the client will automatically generate your bitcoin wallet wallet file (similar to your bank card, write your account), the file which holds your bitcoin Information, including your payment address (similar to your bank card account), and your private key (similar to the password of your bank card). This wallet file is your wallet.
Yes youre right and I will agree for that.And for me this is a kind of wallet which you stored your bitcoin to make it possible to grow.This is also a kind of software which the bitcoin adrress is directed to you as your key wallet.


Title: Re: What is Bitcoin Wallet?
Post by: MarkusIsaiah on March 01, 2018, 05:17:35 AM
Bitcoin wallet is like a bank account. If you don't have wallet you can't used bitcoin in any transaction that you want too made. Bitcoin wallet is very important because you will use it to store all your bitcoin and you need to secure it to be safe for scamming.


Title: Re: What is Bitcoin Wallet?
Post by: harimauagam on March 01, 2018, 10:39:02 AM
Where all the bets that we can get will be stored in the wallet and for the price of the new expensive coin there we sell, the wallet will not be full until whenever.


Title: Re: What is Bitcoin Wallet?
Post by: tonmoycrypto on March 03, 2018, 07:22:44 AM
Bitcoin wallet is an app where you can store your coins. You can also use this for withdrawing out the BTC you have and convert it into a real money.


Title: Re: What is Bitcoin Wallet?
Post by: jaaeeeyyyy on March 03, 2018, 08:00:49 AM
Bitcoin wallet is a application where you can store your bitcoin or other supported coins like ethereum. The number 1 trusted bitcoin wallet here in our country is Coins.ph and it support many external exchanges.


Title: Re: What is Bitcoin Wallet?
Post by: ridwan99 on March 03, 2018, 08:03:02 AM
Bitcoin wallet like a bank account. It is first of site in digital. When we use Bitcoin, the first thing you need to have that is a Bitcoin wallet. Because without a wallet , you can not receive, store or spend bitcoins.
Bitcoin wallets contain private keys, secret codes that allow you to spend your bitcoins.
A Bitcoin wallet is simply an app, website or device that manages Bitcoin private keys for you.


Title: Re: What is Bitcoin Wallet?
Post by: Ciscopro2000 on March 03, 2018, 08:07:00 AM
First thing you need to understand about Bitcoin or Cryptocurrency is how to store your coins in wallets.  Different types of wallets serve different purposes.  Online wallets are for fast trading, software wallets can serve as your checking accounts, mobile wallets are your cash wallets, and hardware wallets are like your saving accounts. 


Title: Re: What is Bitcoin Wallet?
Post by: Merjay18 on March 03, 2018, 08:10:20 AM
Bitcoin wallet is a computer or mobile client, after installation, the client will automatically generate your bitcoin wallet wallet file (similar to your bank card, write your account), the file which holds your bitcoin Information, including your payment address (similar to your bank card account), and your private key (similar to the password of your bank card). This wallet file is your wallet.
Yes youre right and I will agree for that.And for me this is a kind of wallet which you stored your bitcoin to make it possible to grow.This is also a kind of software which the bitcoin adrress is directed to you as your key wallet.

A Bitcoin wallet is a software program it help us to save our bicoins. Thre we can save and cSh out money its like a online atm.You must have  a private key (secret number) for every Bitcoin address that is saved in the Bitcoin wallet for your protection.


Title: Re: What is Bitcoin Wallet?
Post by: ninot77 on March 03, 2018, 08:14:01 AM
A Bitcoin Wallet is a place where you can store your Bitcoin balance efficiently and securely. There are a few kinds of wallets that you can choose and install in your PC/Laptop, smartphone, tablet or in the cloud. To create your own wallet, you can visit sites or companies that offer services in providing secure Bitcoin wallets such as: Blockchain.info, Hive or BitGo. You can also choose and compare the benefits and risks of using these wallets within this link. Please read this article as well to secure your wallet because in the Bitcoin world, you are your own bank which makes it your responsibility to maintain the safety of your own wallet.


Title: Re: What is Bitcoin Wallet?
Post by: Gens09 on March 03, 2018, 08:14:45 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
Bitcoin wallet is a wallet in where you can store your bitcoin.One of the best bitcoin wallet is the coins.ph.In coins.ph your money will not be stagnant ,it has the ability to grow if you make transactions using your bitcoin.


Title: Re: What is Bitcoin Wallet?
Post by: zhekinsp on March 03, 2018, 08:17:34 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
Bitcoin wallet is a wallet in where you can store your bitcoin.One of the best bitcoin wallet is the coins.ph.In coins.ph your money will not be stagnant ,it has the ability to grow if you make transactions using your bitcoin.

Coins.ph is a wallet or exchange? ???

It is not a wallet in my knowledge it is an exchange wher you can buy and sell crypto currencies but that place is never menat to store our bitcoins,we need to store our coins only if that has private key access.For eg:Electrum is a bitcoin wallet where your funds will be safe as long as your keep your private key secured.


Title: Re: What is Bitcoin Wallet?
Post by: Deolito on March 03, 2018, 08:19:44 AM
A Bitcoin wallet address is similar to a bank account number. It's a unique 26-35 digit combination of letters and numbers and it looks something like this: 1ExAmpLe0FaBiTco1NADr3sSV5tsGaMF6hd. You can share your Bitcoin wallet address with others. With this, they will be able to send you Bitcoin.


Title: Re: What is Bitcoin Wallet?
Post by: Ekram on March 03, 2018, 08:23:39 AM
I think bitcoin wallet is moneybag. There are many imaginary wallet for your imagery, the main part bitcoin wallet. Actually it is a total net belling system, bitcoin mobile phone and pad wallet. It is very helpful for our money save.  


Title: Re: What is Bitcoin Wallet?
Post by: SaiWAFU on March 03, 2018, 08:27:13 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.

Let's make it simple. Bitcoin is an e-money, you need something that you can use to store it, that's e-wallet or bitcoin wallet. This wallet serves like a hard drive that stores data/information and can be used for transactions such as sending and receiving coins.


Title: Re: What is Bitcoin Wallet?
Post by: tranthidung on March 03, 2018, 08:28:55 AM
Which is best Windows wallet for Bitcoin? I would like to store my Bitcoins on my own computer, not on Blockchain.io wallet, so I glad to hear all your suggestions about best wallet for Windows. I have used several Altcoins wallets; but never use Bitcoin wallet. I am not familiar with this.
Thanks for your help.


Title: Re: What is Bitcoin Wallet?
Post by: Herjuna on March 03, 2018, 08:44:20 AM
Bitcoin wallet is just another application which contains some things about passwords, secret code, and accounts of the bitcoin. that allows us to store all confidential data bitcoin. in the bitcoin wallet we can also do shopping in merchant transactions using bitcoin.


Title: Re: What is Bitcoin Wallet?
Post by: supto005 on March 03, 2018, 08:59:41 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.

Check out that Blog which given below that's helpful to know easily what is bitcoin wallet.

Check here:  https://99bitcoins.com/what-is-a-bitcoin-wallet/


Title: Re: What is Bitcoin Wallet?
Post by: MAJICOIN on March 03, 2018, 09:18:46 AM
Just like paper money wallet we can keep our money in a safe place like that bitcoin wallet is online wallet for keeping bitcoin and crypto so in future we can use our wallet for making transaction and this is very good because a person can access their wallet over the internet and it is convenient way of accessing wallet and we can safely check our balance through personal laptop.


Title: Re: What is Bitcoin Wallet?
Post by: XEOP$ on March 03, 2018, 09:54:22 AM
For the sake of simplicity it is just a box with a set of private+public key pairs. The best one is Armory that runs on the top of Bitcoin Core.


Title: Re: What is Bitcoin Wallet?
Post by: jeepuerit on March 03, 2018, 10:02:54 AM
Bitcoin wallet is used to enter bitcoin or transfer bitcoin. Another is mobile wallets, it can be accessed through apps, allow users to transact on the go. Another is custodial wallets, which store Bitcoin keys on the internet through a third-party website.


Title: Re: What is Bitcoin Wallet?
Post by: Radio-Active on March 03, 2018, 10:13:27 AM
Simple, bitcoin wallet is the wallet that used for save your bitcoin balance.
with your wallet, you can use it for send, receive bitcoin into your wallet balance.


Title: Re: What is Bitcoin Wallet?
Post by: Naitik on March 03, 2018, 10:16:13 AM
Bitcoin wallet is a wallet where you can store your bitcoin, whenever it is necessary you can redeem it.
The wallet where bitcoin is the only asset for the transaction. You can convert all other coins to bitcoin & then transfer to the wallet.


Title: Re: What is Bitcoin Wallet?
Post by: newguy05 on March 03, 2018, 10:29:49 AM
It is a digital wallet in other words, if you wanna move your bitcoin you need a personal address it works like an email addres it is public. If you wanna read your email first you need to enter a web interface like gmail for ex. you also need the similar of it in bitcoin called bitcoin client. then you need to login by your email password same in bitcoin you need your private key. Private key + Bitcoin address called bitcoin wallet. My best is hardware wallets but currently they are produced limited due to the high demand to them. Because I think they are the safest storing technique.



Title: Re: What is Bitcoin Wallet?
Post by: Sate Jamu on March 03, 2018, 10:32:41 AM
Without bitcoin wallet then we can not save bitcoin that we have, available many wallet options, such as web wallet, offline wallet, paper wallet and so on, since I know bitcoin I just store bitcoin in web wallet blockchain, Xapo and coinbase.


Title: Re: What is Bitcoin Wallet?
Post by: XEOP$ on March 03, 2018, 10:37:29 AM
Bitcoin wallet is a wallet where you can store your bitcoin, whenever it is necessary you can redeem it.
The wallet where bitcoin is the only asset for the transaction. You can convert all other coins to bitcoin & then transfer to the wallet.

Wrong perception. Bitcoin is just  records ( in simple words) in distributed ledger. Wallet holds the keys to access those records.


Title: Re: What is Bitcoin Wallet?
Post by: Makingmoney2018 on March 03, 2018, 10:39:06 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
A Bitcoin wallet is a software program where Bitcoins are stored. To be technically accurate, Bitcoins are not stored anywhere; there is a private key (secret number) for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance. So, never tell/show your private key to anybody else so that it will not be stolen. A Bitcoin wallet is also referred to as a digital Wallet. Establishing such a wallet is an important step in the process of obtaining Bitcoins.

Read more: Bitcoin Wallet Definition | Investopedia https://www.investopedia.com/terms/b/bitcoin-wallet.asp#ixzz58kAXW94j
Follow us: Investopedia on Facebook


Title: Re: What is Bitcoin Wallet?
Post by: mutrang23 on March 03, 2018, 10:44:06 AM
There is no single application from the developer or team that created Bitcoin. But now many developers are launching and building applications to help Bitcoiners keep their Bitcoin safe and cost-per-transaction low. And you can find out about cool wallets on PC applications to securely store and protect your Bitcoin.


Title: Re: What is Bitcoin Wallet?
Post by: knight20 on March 03, 2018, 12:20:16 PM
Bitcoin wallet is the place where you store your bitcoins. Bitcoin wallet can be hacked so that I prefer to use a hardware wallet or use two factor authenticator when logging in to assured wallet is safe. Bitcoin wallet provides private key which is it will be hacked if anybody knows your private key.


Title: Re: What is Bitcoin Wallet?
Post by: heartwreck on March 23, 2018, 06:07:40 AM
Bitcoin wallet is a place where you can save or stored your bitcoins or altcoins.


Title: Re: What is Bitcoin Wallet?
Post by: Bionicgalaxy on March 23, 2018, 06:11:30 AM
Bitcoin wallet from the word itself,  it is a wallet for the bitcoin that you have earned.  It is the user's main storage for his/her bitcoins . The difference is just that bitcoin wallet is digital since it was meant for cryptocurrency while normal or usual wallets are not .


Title: Re: What is Bitcoin Wallet?
Post by: kangbasir on March 23, 2018, 06:11:43 AM
if I think Wallet Bitcoin, is a Bitcoin place and a personal storage wallet where One can not have Bitcoin without Bitcoin Storage Wallet Bitcoin / Bitcoin Wallet Bitcoin serves as a wallet to store some cryptographic keypair or better known as Bitcoin Address (Bitcoin address). :D


Title: Re: What is Bitcoin Wallet?
Post by: coinzonesl on March 23, 2018, 06:24:21 AM
A Bitcoin wallet is a software program where Bitcoins are stored.
To be technically accurate, Bitcoins are not stored anywhere;
there is a private key (secret number) for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance.

it is a technical definition about bitcoin wallet
as a simple langue Bitcoin wallet is place of bitcoins store....
 


Title: Re: What is Bitcoin Wallet?
Post by: Hagmonar on March 23, 2018, 06:36:24 AM
Bitcoin wallet is like your own bank but in digetal form that you can store all your bitcoin unlimited storage and you can store or withdraw your money anytime without delay and there no question, fast and more safe than regular bank today and you dont need third party to withdraw or deposit your own money.


Title: Re: What is Bitcoin Wallet?
Post by: ICONIX360 on March 23, 2018, 06:41:32 AM
When we use Bitcoin, the first thing you need to have that is a Bitcoin wallet. Because without a wallet , you can not receive, store or spend bitcoins.
You can think of a wallet as your personal online bank account in Bitcoin network. Bitcoin wallets contain private keys, secret codes that allow you to spend your bitcoins.
A Bitcoin wallet is simply an app, website or device that manages Bitcoin private keys for you.

You can use bitcoin wallet app to secure your digital currency.


Title: Re: What is Bitcoin Wallet?
Post by: Bustart on March 23, 2018, 06:50:03 AM
Bitcoin wallet from the word itself,  it is a wallet for the bitcoin that you have earned.  It is the user's main storage for his/her bitcoins . The difference is just that bitcoin wallet is digital since it was meant for cryptocurrency while normal or usual wallets are not .
Bitcoin wallet is referred to as a digital wallet, where Bitcoins are stored, just as Bitcoins are the digital equivalent to  cash.Technically, Bitcoins are not stored anywhere; there is a private key for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance. Bitcoin wallets facilitate sending and receiving Bitcoins and gives ownership of the Bitcoin balance to the user.


Title: Re: What is Bitcoin Wallet?
Post by: Geljames28 on March 23, 2018, 06:57:47 AM
Bitcoin wallet is like a bank account where you can receive bitcoins, send to others and store your bitcoins.It is the place where only you can access them. 


Title: Re: What is Bitcoin Wallet?
Post by: Shubhamjuneja24 on March 23, 2018, 07:00:34 AM
A Bitcoin wallet is a software where Bitcoins are stored. There is a private key (secret number) for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance.


Title: Re: What is Bitcoin Wallet?
Post by: boddy.dy on March 23, 2018, 07:48:24 AM
This is like a typical wallet. Wallet A flat, folding pocketbook, especially one large enough to hold paper money, credit cards, driver's license, etc., and sometimes having a compartment for coins. Only the difference here was it is on online or need to use internet or application to be run or access. Also same as a typical wallet that you can store your money or coins. Just the good difference here it is digital. You don’t need to have it unto your hands to keep it or to use form one place to other. All you need is an application and the internet and then it will be use or access.


Title: Re: What is Bitcoin Wallet?
Post by: Deolito on March 23, 2018, 01:25:53 PM
A Bitcoin wallet is a collection of private keys but may also refer to client software used to manage those keys and to make transactions on the Bitcoin network.


Title: Re: What is Bitcoin Wallet?
Post by: Bisul on March 23, 2018, 01:41:46 PM
Wallet Bitcoin, is the place (purse) of Bitcoin storage. Somebody, will not be able to have Bitcoin without Bitcoin storage (Bitcoin Wallet / Wallet Bitcoin). Bitcoin wallet function is to store some cryptographic keypair, or more commonly known as "Bitcoin Address" (Bitcoin address).


Title: Re: What is Bitcoin Wallet?
Post by: gtx1060aa on March 23, 2018, 01:46:24 PM
Bitcoin wallet or the blockchain system itself?
The blockchain system is configured for decentralization, which means that until there is a person who owns more than 51% of all bitcoins will not be able to change the data, that is, if you sold the house under a smart contract, then no one will be able to change the owner so that it can not be tracked!


Title: Re: What is Bitcoin Wallet?
Post by: mekusproj on March 23, 2018, 01:54:47 PM
Without a Bitcoin wallet, you can’t send or receive Bitcoin payments. So before you get bitcoins, you’ll need to buy, download, or create a bitcoin wallet.

There are many different ways to use Bitcoin and so there are many different types of wallets:
1. Online bitcoin wallets. Wallets that can be accessed on the web from any internet connected device.
2. Bitcoin hardware wallets. Physical devices designed to secure bitcoins.
3. Software wallets. Wallet applications downloaded to your phone, computer or tablet.
4. Paper wallets. Bitcoin private keys printed from an offline computer.


Title: Re: What is Bitcoin Wallet?
Post by: joykulot on March 23, 2018, 01:58:35 PM
This is also a wallet where you can put altcoin coming from earning. And wallet that give your altcoin to be secured.


Title: Re: What is Bitcoin Wallet?
Post by: Draizzy. Aryan on March 23, 2018, 02:00:30 PM
Coinbase,block chain.


Title: Re: What is Bitcoin Wallet?
Post by: Ravenz on March 23, 2018, 02:04:14 PM
My opinion bitcoin wallet is a place to store all the bitcoin belance because this is just a personal portfolio to keep your digital currency safe and secure because you hold your private key ...


Title: Re: What is Bitcoin Wallet?
Post by: Bitcoinislife09 on March 23, 2018, 02:05:18 PM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
Bitcoin wallet is an electronic wallet in where you can keep your bitcoin.In bitcoin you can keep your momey safe and sound.Because in here your money is secured and it will also grow in so many ways if the value of the bitcoin becomes high.


Title: Re: What is Bitcoin Wallet?
Post by: mario00 on March 23, 2018, 02:36:48 PM
Bitcoin wallet is a program where you can store your bitcoin electronically or offline. It's like the way you store you fiat currency in banks but then you are in control of your money with bitcoin.


Title: Re: What is Bitcoin Wallet?
Post by: Alexis.Nick on March 23, 2018, 04:59:47 PM
Bitcon wallet is the application that is used to store your bitcoin or coins. This is the tool that helps bitcoin and also other crypto currencies to collect the coins of currencies. This is also used to receive and to send the coins to one wallet to other.  Without the wallets all crypto currencies will be useless just imagine that you have a lot of coins and you have wallet to store, surely those coins will be thrown away. There are a lot of wallets that come out because this is very profitable also. Some wallets are charging a percentage in each transaction you will do.


Title: Re: What is Bitcoin Wallet?
Post by: rh72 on March 23, 2018, 05:36:51 PM
That's right. Bitcoin wallet is like your bank account. We can use it for transaction cryptocurrency like bitcoin. Without it we can't do transaction like buy and sell. So, bitcoin wallet help us to received and send cryptocurrency.


Title: Re: What is Bitcoin Wallet?
Post by: Broesel on March 23, 2018, 05:42:19 PM
A wallet in general (if bitcoin, byteball, alqo or any other) stores your private keys and not the coins per se. But if you lose access to your wallet its the same like losing your real wallet...the money/coins is/are gone. So better make a backup and save your revocery seed in a secure place!

If you keep your coins on an exchange, technically they own the coins (because they hold the private keys) and only grant you access to them. So it really is a trust buisiness.


Title: Re: What is Bitcoin Wallet?
Post by: shagor106 on March 23, 2018, 06:03:22 PM
Bitcoin wallet is a program. It  is an electronic wallet in where you can keep your bitcoin, because this is just a personal portfolio to keep your digital currency safe and securein. it is a technical definition about bitcoin wallet as a simple langue Bitcoin wallet is place of bitcoins store.


Title: Re: What is Bitcoin Wallet?
Post by: juliopirlo on March 23, 2018, 11:30:42 PM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
DEFINITION OF BITCOIN DOMPET. Wallet Bitcoin, is the place (purse) of Bitcoin storage. Somebody, will not be able to have Bitcoin without Bitcoin storage (Bitcoin Wallet / Wallet Bitcoin). Bitcoin wallet function is to store some cryptographic keypair, or more commonly known as "Bitcoin Address" (Bitcoin address) .


Title: Re: What is Bitcoin Wallet?
Post by: stephylarde on March 26, 2018, 01:41:35 PM
A Bitcoin wallet is a software program where Bitcoins are stored. To be technically accurate, Bitcoins are not stored anywhere; there is a private key (secret number) for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance.A bitcoin wallet is what you use to receive, send, and store your bitcoin. Setting up a bitcoin wallet is very easy and takes just a few seconds.


Title: Re: What is Bitcoin Wallet?
Post by: dzaqira09 on March 26, 2018, 03:40:58 PM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
bitcoin wallet is a bitcoin storage, one can not have bitcoin without bitcoin storage (bitcoin wallet / bitcoin wallet). bitcoin wallet is a place to store some cryptographic keypair, or more commonly known as "bitcoin address"


Title: Re: What is Bitcoin Wallet?
Post by: tidus_13 on March 26, 2018, 03:44:50 PM
Bitcoin-wallet - an electronic image of a device for storing banknotes of electronic crypto currency Bitcoin. There is a key that allows you to manage virtual money. As a rule, keys are stored in encrypted file wallet.dat (purse), protected by a password.


Title: Re: What is Bitcoin Wallet?
Post by: LigwagGanern on March 26, 2018, 03:48:00 PM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.



A bitcoin wallet is a digital wallet where you can keep you bitcoin on it. It is a type of digital wallet that your crypto currency can hold or keep it. So if you have now a bitcoin, you need to have also a bitcoin wallet to secure you money.


Title: Re: What is Bitcoin Wallet?
Post by: AndrewBrown on March 26, 2018, 04:41:53 PM
This should be in beginners section I guess. But you many not know that so it is okay. Coming to your question.

As Bitcoins don’t exist in any physical shape or form, they can’t technically be stored anywhere. Instead, it’s the private keys used to access your public Bitcoin address and sign for transactions that need to be securely stored. A combination of the recipient’s public key and your private key is what makes a Bitcoin transaction possible. A wallet stores your private key and keeps it secure.


Title: Re: What is Bitcoin Wallet?
Post by: taxmanmt5 on March 26, 2018, 04:45:41 PM
Since bitcoin is valuable currency and its up to us how we save them from other. I always store my bitcoin in hardware wallet just to prevent my coin from hackers.


Title: Re: What is Bitcoin Wallet?
Post by: SlickTight on March 26, 2018, 04:53:06 PM
Bitcoin wallet is a wallet ofcourse, it is a wallet that bitcoin is the only content of that wallet. For example of bitcoin wallet is fhe coins.ph wallet in my country. That wallet have a bitcoin wallet. You can easily send bitcoin to other people, also you can convert it into peso bill.


Title: Re: What is Bitcoin Wallet?
Post by: shibisu on March 28, 2018, 01:25:16 PM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
DEFINITION OF BITCOIN DOMPET. Wallet Bitcoin, is the place (purse) of Bitcoin storage. Somebody, will not be able to have Bitcoin without Bitcoin storage (Bitcoin Wallet / Wallet Bitcoin). Bitcoin wallet function is to store some cryptographic keypair, or more commonly known as "Bitcoin Address" (Bitcoin address) .


Title: Re: What is Bitcoin Wallet?
Post by: ningrum on March 28, 2018, 01:29:03 PM
bitcoin wallet is a system wherein is used to store bitcoin or coin that we have safely, wallet is also sometimes used for transactions as well, such as delivery and disbursement.


Title: Re: What is Bitcoin Wallet?
Post by: BHX91 on March 28, 2018, 01:46:53 PM
Bitcoin wallet is like a bank account, you can get Bitcoin, store them and then send them to others. There are two main types of wallets, software wallet and web wallet


Title: Re: What is Bitcoin Wallet?
Post by: cryptolet on March 28, 2018, 09:14:43 PM
Bticoin wallet is a program or an account used to send and receive bitcoins, store bticoins and monitor bitcion balances.While the private key is a long range of numbers and letters that acts like password to your accounts.


Title: Re: What is Bitcoin Wallet?
Post by: Requim on March 29, 2018, 06:51:59 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.

Bitcoin wallet caters to storage of one's bitcoin and only for bitcoin. Most of the transactions that can be done in bitcoin wallet involves only bitcoin and in most cases is the currency on what particular country the user is on. That way it would be easy to convert money to bitcoin or as we call it investing on bitcoin.


Title: Re: What is Bitcoin Wallet?
Post by: daniel10 on March 29, 2018, 08:40:15 AM
Dompet bitcoin adalah seperti rekening bank, dalam bitcoin kita harus menggunakan dompet bitcoin untuk menyimpan atau menyetorkan bitcoin yang kita miliki di nana kami memiliki alamat bitcoin kami dan juga memiliki kunci pribadi agar memastikan dompet kita aman dari orang lain,maka kita harus menyimpan kata sandi tersebut dengan aman dan jgn sampai ada orang laen pun yang tau


Title: Re: What is Bitcoin Wallet?
Post by: fiend91 on March 29, 2018, 11:26:38 AM
Wallets for Bitcoin are not limited to one option, there are several types. To store these purses, you need to download and install a special application on your computer. In this case, you will have a local store for the file with the keys, and you yourself will need to work with the security settings. Exceptions are only wallets HD wallet.


Title: Re: What is Bitcoin Wallet?
Post by: Gargo on March 29, 2018, 11:29:11 AM
Wallet for bitcoin is the same like wallet which you have in your pocket cause you use it to store or spend coins but it is not material like one you know from everyday use but it is protected and you have special code which is conected to it.


Title: Re: What is Bitcoin Wallet?
Post by: Btcepoy11 on March 29, 2018, 12:03:10 PM
Bitcoin wallet is a digital wallet, a wallet not on your pocket but in the internet. It is the wallet where you can stored your bitcoin with a high security measures.


Title: Re: What is Bitcoin Wallet?
Post by: ICO Enthusiast on March 29, 2018, 12:51:59 PM
This definition will help you easily understand what Bitcoin wallet is. A Bitcoin wallet is an electronic image of a device for storing Bitcoin. There is a key that allows you to manage virtual money.
As a rule, keys are stored in encrypted file wallet (purse), protected by a password. I hope this definition cleared your doubt.


Title: Re: What is Bitcoin Wallet?
Post by: judemarco1996 on March 29, 2018, 01:56:38 PM
Bitcoin wallet is where you safely stored your bitcoin and there is a lot of type of wallet there. There is online wallet and offline wallet.


Title: Re: What is Bitcoin Wallet?
Post by: ICO Enthusiast on April 04, 2018, 12:46:59 PM
A Bitcoin wallet is an Electronic wallet where all the Bitcoins are stored. There is a private key for every Bitcoin address which is stored in Bitcoin wallet of the owners.


Title: Re: What is Bitcoin Wallet?
Post by: inggithdp on April 04, 2018, 02:35:36 PM
If you want to play in bitcoin world the thing you need is to make bitcoin wallet first.
Because bitcoin wallet is very important. when you want to receive, send or pay it using bitcoin wallet. if you do not have bitcoin wallet you can not process bitcoin.


Title: Re: What is Bitcoin Wallet?
Post by: Zackmatthew on April 04, 2018, 03:24:41 PM
Bitcoin wallet is what you use to store, recieve and send store your bitcoin.however bitcoin wallet is take just a few seconds, you only need is your email address and of course your password of your choice. and after that you will be able  to recieve  and sent payments immediately.and lastly this is a private key that acts as the password to your Bitcoin wallet. :)


Title: Re: What is Bitcoin Wallet?
Post by: Darerando on April 04, 2018, 10:30:11 PM
If you have bitcoin then you also need a wallet to store it in.
Simply bitcoin wallet, also referred to as digital wallet just as bitcoin is the digital equivalent of cash. is a software program where bitcoins are stored.


Title: Re: What is Bitcoin Wallet?
Post by: Dyah Nevi on April 05, 2018, 02:48:09 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and give responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.

To start using bitcoin you must have a bitcoin wallet, as well as a bitcoin wallet just like an account in a bank.
With bitcoin wallet, you can receive bitcoin, spend bitcoin, store it.
A bitcoin wallet account using private key so you should make your private key easy to remember and strong.


Title: Re: What is Bitcoin Wallet?
Post by: berick prima on April 05, 2018, 07:55:09 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and give responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
bitcoin wallets as well as an account at a bank. With bitcoin wallet, you can manage the bitcoin you have.
the bitcoin wallet is useful for buying and selling Bitcoin with Rupiah, making/disbursing voucher, top up or withdrawal balance


Title: Re: What is Bitcoin Wallet?
Post by: mustafizur8400 on April 05, 2018, 02:34:21 PM
Bitcoin wallet is an online platform or virtual wallet where we can store our Bitcoins. Every individual wallet has it's own private key which ensures safety of your currency. This keywords are used when we receive and send coins. This is the most powerful and renowned online wallet. Different types of Bitcoin wallet are available to meet the interest of various people like hardware, desktop,cold storage, paper wallet etc.


Title: Re: What is Bitcoin Wallet?
Post by: cellflash on April 05, 2018, 03:46:21 PM
Bitcoin wallet is a digital wallet where Bitcoins are stored. Bitcoin wallets facilitate sending and receiving Bitcoins and gives ownership of the Bitcoin balance to the user. Nowadays, it is one of the medium that we can use to easily pay our bills, and as well as transfer or receive bitcoin that can be automatically convert its value to different currency.


Title: Re: What is Bitcoin Wallet?
Post by: Brightcrypto on April 05, 2018, 05:48:37 PM
bitcoin wallet is blockchain.info and is found on blockchain technology platform


Title: Re: What is Bitcoin Wallet?
Post by: ICO Enthusiast on April 06, 2018, 08:12:55 AM
A Bitcoin wallet is an electronic wallet which is used to store Bitcoin. It means every Bitcoin has its own private key for every Bitcoin address, that private key is stored in Bitcoin wallet of that person who owns the Bitcoin.


Title: Re: What is Bitcoin Wallet?
Post by: ekeh on April 06, 2018, 10:22:57 AM
bitcoin wallet is found on blockchain technology platform, where you can create an account by sign up, then undergo the necessary processes and attached your email address as a back up password, secondly bitcoin wallet is an online wallet that work in cryptocurrency on a digital way, base on the amount paid in and payout transaction with effective cash flow. 


Title: Re: What is Bitcoin Wallet?
Post by: brightology on April 06, 2018, 10:35:34 AM
bitcoin wallet is simply means is used to received token and send token online transaction as cryptocurrency.


Title: Re: What is Bitcoin Wallet?
Post by: 3lyntio on April 06, 2018, 11:04:06 AM
A Bitcoin wallet is a software program where Bitcoins are stored. To be technically accurate, Bitcoins are not stored anywhere; there is a private key (secret number) for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance. Bitcoin wallets facilitate sending and receiving Bitcoins and gives ownership of the Bitcoin balance to the user.  The Bitcoin wallet comes in many forms; desktop, mobile, web and hardware are the four main types of wallets.


Title: Re: What is Bitcoin Wallet?
Post by: bucsren on April 06, 2018, 11:58:00 AM
A “wallet” is basically the Bitcoin equivalent of a bank account. It allows you to receive bitcoins, store them, and then send them to others. There are two main types of wallets.


Title: Re: What is Bitcoin Wallet?
Post by: wandino on April 06, 2018, 12:36:10 PM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.

That is it. Your wallet is your storage that can be accessed by a private key.


Title: Re: What is Bitcoin Wallet?
Post by: Sined07 on April 06, 2018, 02:39:55 PM
Bitcoin wallet is a place where you can keep your Bitcoin balance safely and efficiently.


Title: Re: What is Bitcoin Wallet?
Post by: bucsren on April 06, 2018, 04:33:40 PM
Bitcoin wallets keep a secret piece of data called a private key or seed, which is used to sign transactions, providing a mathematical proof that they have come from the owner of the wallet.


Title: Re: What is Bitcoin Wallet?
Post by: Cryptocb on April 06, 2018, 07:00:40 PM
bitcoin wallet is known as a digital wallet work only for online, that is in a software form 


Title: Re: What is Bitcoin Wallet?
Post by: JohnBitCo on April 07, 2018, 07:03:58 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.

Bitcoin's wallet more then your words. Well bitcoins wallet is like a bank where we hold/save our money. In just one click you can send your money to other wallet. There's many type of wallets one of them called Software wallet and other call hardware wallet. I mostly prefer people to use hardware wallet instead of browsers. Bitcoin now days hackers are attacking and stealing your data via your browsers cookies and stole your bitcoin from browser's wallet. So to be secure i use hardware wallet where i save my all bitcoins.


Title: Re: What is Bitcoin Wallet?
Post by: Nanot on April 07, 2018, 09:14:02 AM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
As i start up in bitcoin after im able to become a junior member i start up also to have my wallet and thiet are too much wallets but more of the bitcoiners used an ether wallet and i also using ether wallet so that untill now i had my own wallet that makes my account more safer because i had a wallet to hold all my bitcoin as well as a plenty of coins.


Title: Re: What is Bitcoin Wallet?
Post by: MintDice on April 09, 2018, 10:28:15 PM
Pretty much--if you’re going to hold digital currency, you’re going to need a wallet to store, send and receive your coins. 
Some wallets can simply be a software wallet running on your mobile device or desktop computer. Others exist as a hardware wallet, a flash drive or even just a piece of paper. Some digital currencies have their own dedicated wallets while others can support a multitude of different cryptos.
If you’re going to be buying, selling or trading cryptocurrencies, you will need at least one digital wallet for your assets. Owners also generally hold most of the responsibility for their wallet, meaning they can potentially lose their wallet and cryptocurrencies with no recourse. So it’s very important to understand how they work  :)


Title: Re: What is Bitcoin Wallet?
Post by: Labonikhatun on April 10, 2018, 01:35:41 PM
A wallet is basically the Bitcoin equivalent of a bank account.It allows you to receive bitcoins, store them, and then send them to others.There are two main types of wallets.
 1.A hot wallet is one that you install on your own computer or mobile device.You are in complete control over the security of your coins, but since they are on a device that is connected to the internet they are less secure.
 2.the second type of wallet is a hardware wallet.They maintain high levels of security to protect your coins by storing your coins offline.


Title: Re: What is Bitcoin Wallet?
Post by: Midcrypto on April 10, 2018, 02:10:43 PM
A Bitcoin wallet or more accurately "Cryptocurrency wallet" is a program/place/item which stores private key data. This private key data is the "signature" for a transaction that is recorded on the public key.

We have a detailed "Cryptopedia" which covers wallets, their purpose and the different types.

https://midcrypto.com/pages/cryptopedia


Title: Re: What is Bitcoin Wallet?
Post by: OkklMatrixGreen on April 10, 2018, 02:21:39 PM
i don't used hardware wallet. with 0,6BTC i used Coinbase wallet. Coinbase is company based in U.S


Title: Re: What is Bitcoin Wallet?
Post by: Forhadm on April 11, 2018, 03:24:05 AM
Bitcoin wallet is a bank there your work providing money or token is took a place otherwise it is a bank there you took your earn money or you will get invest money from forum.


Title: Re: What is Bitcoin Wallet?
Post by: dhronal on April 11, 2018, 08:28:10 AM
If you’ve made the decision to buy some bitcoins, you may now be asking yourself how to store the digital currency. In name, the answer is what you might expect from experiences with fiat currency. But the details require a little explanation.

The private keys that are necessary for accessing a Bitcoin address are stored on a “bitcoin wallet.” In general, wallets grant you access to your public Bitcoin address and allow you to sign off on transactions, but they differ based on how you choose to access them. Factors to consider when choosing the best bitcoin wallet for you  include security, anonymity and control.

Desktop wallets allow users to create an address for sending and receiving bitcoins and provide a place to store the private key for doing so. This can be done by downloading software to an individual computer.

Mobile wallets, accessed through apps, allow users to transact on the go. While “full Bitcoin” clients download the entire Bitcoin blockchain, mobile wallets are designed to utilize only a small fraction of the blockchain and rely on other nodes within that network to access the remaining necessary information.

Custodial wallets, which store Bitcoin keys on the internet through a third-party website, also allow users to access their bitcoins from almost anywhere. There is, however, the potential danger associated with entrusting someone else with that information.

Bitcoin paper wallet services provide users with a Bitcoin address and two QR codes, one that links to that address and another that provides the private key necessary for transferring bitcoins stored on it. The thinking is that this eliminates the digital storage of the key and, therefore, the potential of a cyber attack.

There are also wallets that store private keys on physical devices, like USB sticks, external hard drives and hardware wallets.

Ultimately, the choice of bitcoin wallet will come down to an individual user’s preferences. Whatever they decide, it will be a crucial aspect of their experience with the digital currency.


Title: Re: What is Bitcoin Wallet?
Post by: krisjoygallatiera on April 11, 2018, 01:35:59 PM
The private keys that are necessary for accessing a Bitcoin address are stored on a “bitcoin wallet.” In general, wallets grant you access to your public Bitcoin address and allow you to sign off on transactions, but they differ based on how you choose to access them. Factors to consider when choosing the best bitcoin wallet for you  include security, anonymity and control.


Title: Re: What is Bitcoin Wallet?
Post by: usama98 on April 11, 2018, 08:38:14 PM
A Bitcoin wallet is a product program where Bitcoins are put away. To be actually exact, Bitcoins are not put away anyplace; there is a private key (mystery number) for each Bitcoin address that is spared in the Bitcoin wallet of the individual who claims the adjust. Bitcoin wallets encourage sending and getting Bitcoins and gives responsibility for Bitcoin adjust to the client. The Bitcoin wallet comes in many structures; desktop, versatile, web and equipment are the four fundamental sorts of wallets.
It is just like a pocket wallet, or you can say it a safe locker or account , Every sort of transaction, earning, withdrawal of Bitcoin will be processed by the Btc wallet.


Title: Re: What is Bitcoin Wallet?
Post by: eijikaido11 on April 27, 2018, 08:20:27 AM
A bitcoin wallet is a software program that stores the record (aka private key) of every bitcoin you own. Bitcoin wallets come in many different forms, and it's important to understand them -- and how to keep them safe -- before you even start buying bitcoins.
To understand bitcoin wallets, it is helpful to review some basic foundational information. Bitcoin addresses, which are strings of letters and numbers, contain both a private and public key.
A private key gives a user the means to spend bitcoin. A public key is more like a destination that lets a user to receive bitcoin.
Because a private key holds all information needed to access a bitcoin address, one can use it to derive the public key.