what do you think about xapo.com

if you want my opinion, i don't like them. they seem to be legit but my problem is not with their legitimacy.
my problem is that you don't have access to your private keys so in any case that they decide to run away or even block your account , all your bitcoins will be lost forever in their hands.

Quote from: Herbert2020 on August 10, 2015, 02:42:11 PM

so in final they act like a bitcoin-bank or something similar? if u don't own the private key, you don't own bitcoins

You cannot use most of the services of Xapo if you dont reveal your personal identity! This is not good! Bitcoin was built for and anonymity! And clearly you are risking both Privacy and Anonymity with Xapo! Switch to Multibit or Electrum if you need a wallet..or blockchain if you need an online wallet.. Blockchain might not be very secure but atleast it doesnt ask who you are and where do you live

Quote from: Zz on August 10, 2015, 11:33:29 AM

Quote from: ranlo on August 10, 2015, 03:35:44 AM

They're bankrolled by investors, though, so I would think that if they closed, they would return funds (allow some way of withdrawing). I don't see any real risk there. Them running with funds, especially with a court case in procession, would destroy their lives.

Running away with money is not the only issue here. Why do we suggest Xapo to this newbie user when there are other good online Bitcoin wallets?

THey're all different. That's like asking "Why would you say to shop at Walmart when there's also Target and Amazon?"

Ideally, you spread risk, regardless of if you're using online wallets or offline. I see no reason NOT to trust Xapo.

i was used it before but not anyomore because i dont like with identity verification
so far iam using blockchain,its simple than xapo
just because iam not using xapo it doesnot mean its not safe

Quote from: dollarneed on August 10, 2015, 03:50:36 PM

i was used it before but not anyomore because i dont like with identity verification
so far iam using blockchain,its simple than xapo
just because iam not using xapo it doesnot mean its not safe

how about fee transaction ?
xapo never give you fee for send your bitcoin
also xapo give you vault to keep more secure your coin

i have never used them because they are an online wallet and i will never trust them with any significant amount.

Quote from: talkbitcoin on August 10, 2015, 04:03:36 PM

i have never used them because they are an online wallet and i will never trust them with any significant amount.

so you trust yobit to save your bitcoin Huh

you trade on yobit and you earning from bitcoin online wallet

I used XAPO because of faucet purposes. Majority of my referrals commission came from XAPO faucets. That is the only used of my XAPO. And you don't need to give all your identity. Just activate the Send and Receive then you are good to go. I want their free transaction so I can transfer all my balance their to my btc wallet anytime without worrying the fees.

P.S : Don't drink too much coffee.

Quote from: shane on August 10, 2015, 03:52:45 PM

Quote from: dollarneed on August 10, 2015, 03:50:36 PM

i was used it before but not anyomore because i dont like with identity verification
so far iam using blockchain,its simple than xapo
just because iam not using xapo it doesnot mean its not safe

how about fee transaction ?
xapo never give you fee for send your bitcoin
also xapo give you vault to keep more secure your coin

although there is no transaction fee on xapo i still prefer using other wallet than xapo even i never open my account over there,i've been falling love with blockchain
and so hard to move on from it and using another service

I signed up for them while ago. They're okay. They require too much information though before you can convert your btc to fiat. I would rather use coinbase or sell here

Quote from: nagasakiWA on August 07, 2015, 08:35:35 AM

Quote from: Brewins on August 07, 2015, 05:35:57 AM

too much validation required, so I never bothered to try their services

Yes,this is so true because you will need to add pass and pin everytime and this is sucks

The validation required is meant to serve as a safety measure for YOUR bitcoin funds! It's hilarious how people want the convenience that Xapo offers but none of the security and then these people will start a thread on this forum talking about how their bitcoin were lost or stolen from their laptop.

It also represents a lack of knowledge of how banking businesses are run. A banking business can't be expected to develop a reputation as sophisticated, secure, reputable if they don't have specific security in place to protect their customers assets.

If you don't want the security validation you should keep your bitcoin in an offline or paper wallet...it's not a criticism to Xapo!

Don't use Xapo. they have serious legal problems. They might shut down their site next days.

Quote from: kevindurant on August 10, 2015, 06:44:36 PM

Don't use Xapo. they have serious legal problems. They might shut down their site next days.

what

really ? where did you know ?
is there direct statement from the owner?
i though xapo is one of a good online wallet service especially from safety side

Quote from: ranlo on August 10, 2015, 03:41:45 PM

Ideally, you spread risk, regardless of if you're using online wallets or offline. I see no reason NOT to trust Xapo.

Really? I shared my concerns here in previous page. You even quoted my message. Still you see no reason. Well, good luck to you in your life.

Quote from: Zz on August 08, 2015, 10:00:38 AM

Judge: Fraud case vs. Xapo CEO can proceed: http://fortune.com/2015/07/06/judge-fraud-case-vs-xapo-ceo-can-proceed/
LifeLock Sues Xapo Executives Over Bitcoin Wallet: https://bitcoinmagazine.com/20695/lifelock-sues-xapo-executives-bitcoin-wallet-intellectual-property/

Quote from: harizen on August 10, 2015, 04:17:08 PM

If its comparing faucets and referral commissions... I rather just go with whats been already old and established.

Xapo hasnt been around long enough like freebitco.in but this is just my personal preference.

I am using Xapo due the link from some faucets which send Satoshi directly there. I do not keep too much there as others recommend as well. So far everything wetn well including withdrawn and at no fees.

what must i do if i forget my number and the email ? must i make new one.

In my opinion, online wallets are just for newbies and only for very, very small amounts. When using an online wallet, you are pretty much kissing good bye the statement use Bitcoin in order to be your own bank.

You are trusting your private keys to some servers out there and this makes no sense to me especially since there are so many alternatives out there wallet wise, especially lite wallets that are easily secured.

Quote from: kpitti on August 11, 2015, 05:51:48 AM

Me too. Most of my active faucets referrals are active in XAPO faucets. Even XAPO shuts down only a dust of satoshis will be taken. Well overall , I see XAPO as legit "but" of course do not keep big amount of bitcoin in any online wallet even in the most recommended online wallet , Blockchain.