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Muhammed Zakir
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May 13, 2015, 07:36:20 AM
 #21

I think about buying a TREZOR.  Is there a cheaper option with hardware?  It just seems high.

Ledger HW.1 or Ledger Nano.

https://bitcointalk.org/index.php?topic=899253.0

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May 13, 2015, 09:21:31 AM
 #22

I'm using blockchain.info and coinbase easy to use for me.
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May 16, 2015, 09:35:26 AM
 #23

What butcoin wallet do you use? I mean blockchain, xapo or whatever. Why? Which one is the best?

blockchain wallet is the best but i like to use the bit-x wallet and mycelium wallet as because those both are making easy control on my coins daily.but you can use what ever you like or go for a online wallet or exchange
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May 16, 2015, 01:17:49 PM
 #24

My husband said is hard to get bitcoin core. I am so sad
It's not "hard" to get it, but you need to download the 40GB blockchain.

I use blockchain.info for my wallet because I can access it anywhere. Its great.
I you are having trouble with downloading the whole blockchain which is >40GB of data, you can try Electrum. it only needs to download around 30 MB
also if you have small amount of bitcoin, try an online wallet like blockchain.info

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May 16, 2015, 01:20:17 PM
 #25

uhh so paper of long-term and electrum for daily ops.) reg. online wallets, just use them for small amounts, for something higher then 5BTC use offline one..better safe then sorry
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May 17, 2015, 03:48:21 AM
 #26

What butcoin wallet do you use? I mean blockchain, xapo or whatever. Why? Which one is the best?


As several users have pointed out, online wallets are nearly always a BAD idea.   Download bitcoin core and by doing so you can help contribute to the bitcoin network by relaying transactions.  Otherwise, electrum is also very good.  Don't forget to encrypt your  wallet and make sure the computer you use is secure and free of malware.

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May 17, 2015, 04:32:58 AM
 #27

What butcoin wallet do you use? I mean blockchain, xapo or whatever. Why? Which one is the best?


As several users have pointed out, online wallets are nearly always a BAD idea.
no, they can be a good idea at times. If the operator has no access to your private key, for example, blockchain.info, they store it encrypted with your password on the server. They can't get your Bitcoins and are fairly secure since they require 2FA. If it goes down, you still have your backup copy to turn to.
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Download bitcoin core and by doing so you can help contribute to the bitcoin network by relaying transactions.
you will not help the network unless you specifically open port 8333.
Quote
Otherwise, electrum is also very good.  Don't forget to encrypt your  wallet and make sure the computer you use is secure and free of malware.
encrypting your wallet does nothing other than protecting it from physical access from a malicious party.

Muhammed Zakir
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May 17, 2015, 04:53:08 AM
 #28

What butcoin wallet do you use? I mean blockchain, xapo or whatever. Why? Which one is the best?

As several users have pointed out, online wallets are nearly always a BAD idea.
no, they can be a good idea at times. If the operator has no access to your private key, for example, blockchain.info, they store it encrypted with your password on the server. They can't get your Bitcoins and are fairly secure since they require 2FA. If it goes down, you still have your backup copy to turn to.

What if they change the code or make a buggy commit like they did earlier? This certainly enable others to access Bitcoins of Blockchain.info users.

Quote
Download bitcoin core and by doing so you can help contribute to the bitcoin network by relaying transactions.
you will not help the network unless you specifically open port 8333.

Though what you said is right, helping network isn't necessary.

Quote
Otherwise, electrum is also very good.  Don't forget to encrypt your  wallet and make sure the computer you use is secure and free of malware.
encrypting your wallet does nothing other than protecting it from physical access from a malicious party.

If your computer have keyloggers, encrypting won't help. The password will be stolen by keylogger when you decrypt wallet.

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May 19, 2015, 03:55:29 AM
 #29

I use blockchain, coinbase and electrum it's very to use and secured.
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May 19, 2015, 10:31:04 AM
 #30

Look into cold and hot wallets.  Cold you will want to keep most of your money in.  There are nice hardware that does it or some as simple as a paper wallet.  Most important thing is they are not always connected to internet.

Hot wallet you will want to use for spending.  The amount should change based on how much you need to spend normally.  The goal is to keep from needing to plug in cold wallet a lot.

I agree, you should keep your bitcoins in 2 types of wallets. Cold for your majority bitcoins. For beginners, hardware wallets like Trezor make more sense for this purpose.

For hot wallet, I suggest Zebpay Android or iPhone app. Disclaimer: I am a co-founder. Zebpay is a hot wallet targeted at regular people. It works like Whatsapp. Your bitcoins are linked with your mobile number. We are regularly adding more ways to spend your bitcoins.
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May 19, 2015, 11:50:31 AM
 #31

I only use bitcoin wallet for android and blockchain. They're great and very user-friendly.

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May 19, 2015, 12:01:45 PM
 #32

I personally use Bitcoin Core and would also recommend, as I feel it to be the most secure on-Desktop wallet till date.
If you are much concerned about security, try paper wallets.
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May 19, 2015, 01:58:41 PM
 #33

What butcoin wallet do you use? I mean blockchain, xapo or whatever. Why? Which one is the best?

blockchain wallet is the best but i like to use the bit-x wallet and mycelium wallet as because those both are making easy control on my coins daily.but you can use what ever you like or go for a online wallet or exchange
by bit-x wallet do you mean bit-x the exchanger?! if so it is never a good idea to keep your bitcoin in an exchanger, besides you don't have control of your private keys
i don't see how you have easy control on your coin or what you mean by that!

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May 20, 2015, 10:17:44 AM
 #34

i have tried using bit-x , xapo , mycelium and some others out of which i find bit-x bitoin wallet the best. it has a simple design and material which helps beginners to use it with an ease.
thebenjamincode
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May 21, 2015, 03:27:35 AM
 #35

for me i use blockchain.info since its one of the oldest online wallet which is alive Cheesy
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May 21, 2015, 01:09:24 PM
 #36

i have tried using bit-x , xapo , mycelium and some others out of which i find bit-x bitoin wallet the best. it has a simple design and material which helps beginners to use it with an ease.
As far as I know, Bit-X is an exchanger. Is there wallet feature on Bit-X?
Muhammed Zakir
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May 21, 2015, 01:14:36 PM
 #37

i have tried using bit-x , xapo , mycelium and some others out of which i find bit-x bitoin wallet the best. it has a simple design and material which helps beginners to use it with an ease.
As far as I know, Bit-X is an exchanger. Is there wallet feature on Bit-X?

No. He is storing in deposit addresses. However, we can generate many addresses as we like*, it is a good feature unlike most other exchanges.

* I haven't found any limit.

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May 21, 2015, 02:02:39 PM
 #38

I've been using blockchain for over a year, its the best fastest and recommended online wallet

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May 21, 2015, 02:15:45 PM
 #39

I've been using blockchain for over a year, its the best fastest and recommended online wallet

They have a lot of money behind them at this point.  They are able to make a good product.

They work well as a hot wallet.  Still want to keep majority in cold.
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May 21, 2015, 03:19:19 PM
 #40

I use coinbase. This is more secure, online access from everywhere and accepted by almost all marketplace.
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