Bitcoin Forum

So I was going to use mybitcoin (following the crowed), however it got hacked recently. The question is what wallet is the most popular after mybitcoin is gone?

Are there any wallet that stands out from a security perspective? Like hushmail is a more secure email provider then hotmail...

if this would have happened to me (mybitcoin) , I would start using a local wallet, encrypt it, save (usb, cd) but don't let anyone else make promises.
after mtgox, mybitcoin and the polish exchange I feel insecure what matters sufficient security needed to handle my money.

And when the trojans and keyloggers snatches your key, then what do you do?  ;D
For me bitcoin would just be a payment system, not a bank replacement and I do think there will be safe ewallets in the future like many other e-currencies out there. Hopefully such exists already today, but I haven't seen anyone standing out (yet). Most of them looks like new hobby projects. 

If you get infected with a wallet stealer, don't you think the hackers would have the decency to ALSO steal your passwords?

That's like breaking into someones house stealing the keys to their car but nothing else (ex: Car, Money...etc).

Here's the list of eWallet providers.
 - http://en.bitcoin.it/wiki/Category:EWallets

Most exchanges can be used as EWallets, though there are reasons why not to do so.  Those with multi-factor authentication (e.g., Mt. Gox's YubiKey, TradeHill's DuoSecurity and Camp BX's SMS Text) would be among the most secure against identity theft.

One EWallet WalletBit uses what they describe as "secure card" as the method to help prevent unauthorized spend transactions.
 - http://en.bitcoin.it/wiki/WalletBit

Walletbit looks like a serious project, thanks for the tips.

I HIGHLY suggest http://www.flexcoin.com/ (http://adfo.me/nPp6). I use them and I recommend it to all of my customers.

I deposited some coins there too. They seem nice, but they charge 0.01BTC or 0.5% (whichever is greater) for withdrawals.

How much do these services usually cost? And also, why do you think it is not a good idea to use an exchange? It is usually free to deposit/withdraw bitcoins at exchanges.

Hi NittyBitty

Use www.exchangebitcoins.com

Open Account. FREE

Deposit Bitcoins
Bitcoin deposits appear in your account automatically after 6 confirmations. FREE

Withdraw BTC
Bitcoin withdrawals are sent automatically within 1 minute. FREE

If your in the USA Deposit Cash at a Local Bank Branch
Cash deposits can be made at any of over 15,000 Chase or Wells Fargo branches.
You can deposit from $5 to $2,000 per day. There is a deposit fee of the higher of $1 or 1% of your deposit.
Email copy of reciept and your account credited in a few minutes.
ExchangeBitcoins charges a 0.54% fee for each completed trade.

Peace, n.olmos

I'm going to make a deposit tomorrow at the local Chase branch and see what happens.  I've already opened an account. 

This exchange isn't as active as some but a lot easier to use considering the ability to deposit in a local bank.

Hi plogank,

I already made two deposits.

Open account. Go to Deposit tab. Make Cash Deposit order. Print or Copy bank account info. Go to the bank. Complete bank deposit slip. Give cash to cashier. (No name/ID required) Get receipt. Copy receipt. Email receipt. Cash credited to account. Buy bitcoins. Done!

It took less than 5 minutes to get credit after I emailed a copy of my receipt. It works great.

All other deposit and withdraw options look great too!

They are fourth in USD volume but offer a great option to get into bitcoin without the risk of scammers.

Peace,
nolmos

I'm going to make a small deposit tomorrow and see if it works, then a larger one in a day or so.  I'll let everyone know how it checks out here.

I may not know what I'm doing but at least I'm slow.  LOL

Hi plogank,

That's what I did.
Remember: "Slow is fast and fast is slow."

Peace,
nolmos

I suppose for a wallet service to be really useful it would be best if it had the most customers, because then it's more likely you can do free user to user transactions internally to the wallet service.

So it would be interesting to know the market share of each.

i got screwed out of 10 bitcoins using mybitcoin.com when it went down,
and the 'claims' form doesn't seem to recognize my account.

since then i've been using bit-bank.org,
but that walletbit.com looks much more professional, so i'm switching to that.
thanks for the recommendation.

This morning I made a small deposit to ExchB using a local bank.  A few minutes later I scanned a copy of the receipt and emailed it to them as required.  It took a little over an hour but now I have the funds in my account and have made my first bid.

It was easy.

I recommend WalletBit also.

And I know they are trying hard to be a quality and secure service.

They can only get better with customers and feedback.

I use them to process Bitcoin payments in a downloads shop i worked on. Haven't got much payments so far, but until now all went smoothly.

Why isn't it a good idea to keep the money at an exchange? CampBX, for example, just announced some cool features if you want to use it as an e-wallet. They have an API so someone could even write a custom client that doesn't take any disk space and just uses CampBX as a backend to process transactions.

Look, people asking for info on how to lose their BTC!  :D

Oh i dunno... maybe... mybticoins? bitomat?

There's also the option to rent your own wallet on a secure linux server...

http://bitcoinforums.net/index.php?threads/bitcoin-cloud-wallet-hosting.211/

I haven't tried it myself, but the idea sounds solid.

The problem is that when you will lose all your btc cause that ewallet was a scam you all will flood the forum with your "omg i got scammed HELP ME HELP ME HELP ME"

walletbit.com looks professional but the person behind it is anonymous! There is no name or address information on the site at all. The only information you can find is through a domain-whois query:

No real name ("Gain, Code" ?), no real address ("Copenhagen, na 1550" ?)....same for codegain.dk and bitmon.me

I'm not saying they are a scam, they might be honest, but the guy behind mybitcoin.com was also anonymous and we know how that ended....


Tradehill has announced that they will start an online wallet service at http://www.bitcoin.com , i would rather trust them than anonymous:
https://bitcointalk.org/index.php?topic=37883.0

You have 2 phone numbers to call on their website and also an IRC channel.

Oh, search for a member named Kris here on the forum and you'll find what you are looking for ;)

I'll even save you the trouble of searching: https://bitcointalk.org/index.php?action=profile;u=11921

Let me rephrase it then. Someone said that exchanges are not good e-wallets. I was saying that there isn't much difference between keeping your money at an exchange or keeping it at an e-wallet.

Yeah, i've seen that. But it's still very shady for an online wallet service to register a domain under a fake name and fake address. It's not some gambling site where you gamble with 0.xBTC, it's meant to be a wallet service that will hold many accounts with the (maybe entire) BTC savings of people (average joe). An IRC channel and the telephone number are both worthless for legal steps and the "Kris" user on this forum may use a proxy to write here. If they are that honest, why didn't they use real information for the domain registration? And why don't they have any real contact information directly on their site?

Again, i'm not saying they are a scam site. The site looks professional and it's creator might be honest. I just wouldn't trust the site because they do not have any real contact information directly listed on their site and the domain is registered with fake data.

The site is a ripoff from flattr (http://flattr.com/). The owner seems easy to contact and an honest guy. But I agree, I would prefer a real contact information. He posted in some other thread... here: https://bitcointalk.org/index.php?topic=37190.0

Maybe then they should keep 25% of their bitcoins at 4 different ewallets :)

Ok, but this guy still has root access on HIS servers, right?
So he can read the wallets...
But maybe I misunderstood what he's proposing

Anyway, I'm not saying he is to scam his clients but as usual, trust nobody especially on the interwebz

Here's some real info for you: http://whois.domaintools.com/codegain.dk

Maybe WalletBit is OWNED by codegain, thus the CodeGain registration info on the domain, i dunno...  ::)

For someone so suspicious you could research it a little better.  :P

After all the codegain.dk domain WAS on the whois for walletbit.
And let me tell you something: if registering a .dk is as "easy" as registering a .pt or .es he would need a REAL company/person to to be able to buy the domain. Just sayin'

We would recommend Vibanko