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Author Topic: bitcoin wallet lifetime ?  (Read 2665 times)
spider11 (OP)
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June 17, 2015, 01:30:14 PM
 #1

hello,

I like to know where I can create a secure bitcoin wallet where I can keep my bitcoins for years, when I see websites that offer bitcoin wallet, I fear that one day the site no longer exists, and I lose all my bitcoins.

thanks.
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turvarya
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June 17, 2015, 01:33:58 PM
 #2

You should look into a hardware wallet:
https://bitcointalk.org/index.php?topic=967272.0


Keeping money in an online wallet is a bad idea.

The most important thing about creating a wallet, is that you have created the private key yourself and that you backup your private key.

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Rude Boy
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June 17, 2015, 01:35:40 PM
 #3

hello,

I like to know where I can create a secure bitcoin wallet where I can keep my bitcoins for years, when I see websites that offer bitcoin wallet, I fear that one day the site no longer exists, and I lose all my bitcoins.

thanks.
If you afraid of online wallets, why do you bother about it? Download bitcoin core or use paper wallets or use multibit (light weight) wallet


~Rude Boy
digicoinuser
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June 17, 2015, 01:38:33 PM
 #4

hello,

I like to know where I can create a secure bitcoin wallet where I can keep my bitcoins for years, when I see websites that offer bitcoin wallet, I fear that one day the site no longer exists, and I lose all my bitcoins.

thanks.

You have to make sure to keep your Public/Private Key combination safe if you wish to keep the wallet for years.  I recommend generating these yourself and not storing the wallet on a website for long term.

Allowing only the wallet website to hold onto your Keys while a password is your access to your Public/Private Keys means that if the website goes offline, yes you will lose access to those wallet addresses and the funding.   If you backup your Public/Private Keys somewhere for each address, you will not lose access when the website goes offline as you can import your funds to another wallet.

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June 17, 2015, 01:39:06 PM
 #5

I found this thread for you. I'm sure you're looking for any of those wallets.

MicroDApp.com—Smart Contract developers. Lets build a decentralized future!
Digit-0
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June 17, 2015, 01:46:31 PM
 #6

hello,

I like to know where I can create a secure bitcoin wallet where I can keep my bitcoins for years, when I see websites that offer bitcoin wallet, I fear that one day the site no longer exists, and I lose all my bitcoins.

thanks.

for me the bitcoint qt wallet is more than enought, pretty easy to use and dont forget is the core wallet.

but if you want something like a cold-storage wallet and how to improve it, just check this pretty good thread https://bitcointalk.org/index.php?topic=68482.0
OmegaStarScream
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June 17, 2015, 01:57:16 PM
 #7

hello,

I like to know where I can create a secure bitcoin wallet where I can keep my bitcoins for years, when I see websites that offer bitcoin wallet, I fear that one day the site no longer exists, and I lose all my bitcoins.

thanks.

If you want something for Lifetime then it's easy , piece of cake . Hardware wallet are good but you can screw up and lose it or in case of touching it water .
So you have some other posibilities , one of them is Electrum/Multibit HD (Offline wallets) which both of them use "Seed words" now , You can recover your wallet and BTC in case of a computer failure using just those words , so all you need here is a "good memory" or you write them down .
second posibility and choice you have is Paper wallet , you print it, put it in a safe or whatever and you are good.

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AtheistAKASaneBrain
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June 17, 2015, 02:01:37 PM
 #8

hello,

I like to know where I can create a secure bitcoin wallet where I can keep my bitcoins for years, when I see websites that offer bitcoin wallet, I fear that one day the site no longer exists, and I lose all my bitcoins.

thanks.

If you are this paranoid, it's simple, don't use an online wallet. I wouldn't trust even blockchain.info if I wanted to hold long term. Always get a local wallet, or get your private keys printed in a QR.
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June 17, 2015, 02:04:57 PM
 #9

hello,

I like to know where I can create a secure bitcoin wallet where I can keep my bitcoins for years, when I see websites that offer bitcoin wallet, I fear that one day the site no longer exists, and I lose all my bitcoins.

thanks.

for me the bitcoint qt wallet is more than enought, pretty easy to use and dont forget is the core wallet.
but if you want something like a cold-storage wallet and how to improve it, just check this pretty good thread https://bitcointalk.org/index.php?topic=68482.0

5 years im using bitcoin "default" client, but i wouldn't recommend it anymore. Leaving it off results in insane time needed to re-sync, takes up too much space and so on..
I have a friend who was using trezor, and still had multiple issues with it on it's software side, which makes me rethink of the "higher price-higher quality" theory
For lifetime wallet i would go for that titanium bitcoin cold storage, i doubt it gets better than that..
cheers
Digit-0
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June 17, 2015, 03:36:04 PM
 #10

hello,

I like to know where I can create a secure bitcoin wallet where I can keep my bitcoins for years, when I see websites that offer bitcoin wallet, I fear that one day the site no longer exists, and I lose all my bitcoins.

thanks.

for me the bitcoint qt wallet is more than enought, pretty easy to use and dont forget is the core wallet.
but if you want something like a cold-storage wallet and how to improve it, just check this pretty good thread https://bitcointalk.org/index.php?topic=68482.0

5 years im using bitcoin "default" client, but i wouldn't recommend it anymore. Leaving it off results in insane time needed to re-sync, takes up too much space and so on..
I have a friend who was using trezor, and still had multiple issues with it on it's software side, which makes me rethink of the "higher price-higher quality" theory
For lifetime wallet i would go for that titanium bitcoin cold storage, i doubt it gets better than that..
cheers

well yes sometimes it need some time to re-sync, also i notice that in this version 10.2 it consume so much cpu than before at least for me, i mean when it need to re-sync, but even with all those drawbacks still a pretty good chooise.

titanium bitcoin cold storage looks a nice alternative Smiley
achow101
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June 17, 2015, 03:51:45 PM
 #11

I would recommend you never use an online wallet. You should get a hardware wallet for cold storage and use a software wallet on your computer. I would suggest using Bitcoin Armory.

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June 17, 2015, 03:57:49 PM
 #12

Don't keep them online for long term. Blockchain.info is pretty safe but I still wouldn't keep large amounts of coins on there.

You should look into a hardware wallet:
https://bitcointalk.org/index.php?topic=967272.0

He doesn't even need a hardware wallet. Just make several back ups of your wallet.dat file and write the private keys down and keep them offline in a safe and secure place.
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June 17, 2015, 05:16:08 PM
 #13

You should look into a hardware wallet:
https://bitcointalk.org/index.php?topic=967272.0


Keeping money in an online wallet is a bad idea.

The most important thing about creating a wallet, is that you have created the private key yourself and that you backup your private key.

or a real overview  Grin :

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

EcuaMobi
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June 17, 2015, 05:19:36 PM
 #14

hello,

I like to know where I can create a secure bitcoin wallet where I can keep my bitcoins for years, when I see websites that offer bitcoin wallet, I fear that one day the site no longer exists, and I lose all my bitcoins.

thanks.

You definitely need a cold storage as others have already suggested. I recommend you my Android app 'Deck Wallet':
https://bitcointalk.org/?topic=811397
https://play.google.com/store/apps/details?id=com.ecuamobi.deckwallet

It doesn't have problems most cold storage options have such as key-logger risks, poor entropy or risk of connecting to Internet.

WhatTheGox
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June 17, 2015, 05:42:17 PM
 #15

hello,

I like to know where I can create a secure bitcoin wallet where I can keep my bitcoins for years, when I see websites that offer bitcoin wallet, I fear that one day the site no longer exists, and I lose all my bitcoins.

thanks.

Offline wallets can be updated, dont trust random 3rd party sources for your wallets.  Also learn a few different ways to store your bitcoins to diversify your security risk.  If you aren't an expert dont make anything too secure atm until you know more.
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June 17, 2015, 05:56:44 PM
 #16

hello,

I like to know where I can create a secure bitcoin wallet where I can keep my bitcoins for years, when I see websites that offer bitcoin wallet, I fear that one day the site no longer exists, and I lose all my bitcoins.

thanks.

Offline wallets can be updated, dont trust random 3rd party sources for your wallets.  Also learn a few different ways to store your bitcoins to diversify your security risk.  If you aren't an expert dont make anything too secure atm until you know more.
Bitcoin nature is quite volatile and random. We can't say how it will scale in the future or if future will be bright for us. If Op is planning to buy bitcoins, put them in wallet and then forgot about it for couple of years without monitoring bitcoin state, then I can't recommend you any wallet really. All I can say - stay away from online wallets, keep your money for yourself in wallet like Bitcoin Core, don't ever let any 3rd party take control over it.


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bitnanigans
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June 17, 2015, 07:12:26 PM
 #17

hello,

I like to know where I can create a secure bitcoin wallet where I can keep my bitcoins for years, when I see websites that offer bitcoin wallet, I fear that one day the site no longer exists, and I lose all my bitcoins.

thanks.

Hardware wallets or paper wallets are your best option.
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June 17, 2015, 07:51:07 PM
 #18

bitaddress.org

Create a wallet on an offline computer.

If you don't know what that means.. don't buy Bitcoin until you do.
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June 17, 2015, 08:12:01 PM
 #19

As suggested by other members - paper wallet is very safe and reasonably easy way to keep your btcs safe. Have 2 or 3 copies and keep them in safe places. Plenty of online tutorials on how to do it.
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June 17, 2015, 08:20:28 PM
 #20

You should download a wallet like multibit or electrum
or create a paper wallet,if you just want to hold your bitcoins
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