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Author Topic: what is the best online bitcoin wallet  (Read 22399 times)
98problems
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August 14, 2015, 08:27:36 PM
 #81

my best online bitcoin wallet is definitely greenaddress as they have shared addresses and i read that they are really reliable and never have any problems

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August 14, 2015, 09:11:45 PM
 #82

I like coinbase. It was one of the best.
coinbase isnt a webwallet, its an exchange.

as long as you can store bitcoins there it is still considered a web wallet IMO
and if you don't control your own private keys, I don't consider it a wallet. the point of a wallet is to have control over your own money, using coinbase as a wallet means you're giving control of your money over to them and being completely dependant on them to send your coins for you.

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August 14, 2015, 10:28:05 PM
 #83

I like coinbase. It was one of the best.
coinbase isnt a webwallet, its an exchange.

as long as you can store bitcoins there it is still considered a web wallet IMO
and if you don't control your own private keys, I don't consider it a wallet. the point of a wallet is to have control over your own money, using coinbase as a wallet means you're giving control of your money over to them and being completely dependant on them to send your coins for you.

Indeed.... unfortunately many, many people used Gox as a "wallet"..... and that is still the prime example in bitcoin's history of what it means to control your private keys. Incredible, really, the amount of value that people were willing to let an unregulated 3rd party control.

Having said that, Coinbase =/= Gox, but the point remains.
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August 14, 2015, 10:42:12 PM
 #84

To tell what is the best wallet must have in consideration to many factors. But for me the best bitcoin wallet is coinbase. Even is a bitcoin wallet which is a web wallet and the bitcoins are not in your hands but in the hands of the third parts.

I heard that coinbase not allow trancsaction to the gambling site,isn't it?
please correct me if iam wrong
coinbase also tracks how you spend your coins, and im not exactly too welcome of unwelcome people investigating where i spend my money. coinbase isnt a wallet, its an exchange that you can have your money stored in.

theres nothing here. message me if you want to put something here.
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August 15, 2015, 06:45:02 AM
 #85

To tell what is the best wallet must have in consideration to many factors. But for me the best bitcoin wallet is coinbase. Even is a bitcoin wallet which is a web wallet and the bitcoins are not in your hands but in the hands of the third parts.

I heard that coinbase not allow trancsaction to the gambling site,isn't it?
please correct me if iam wrong
coinbase also tracks how you spend your coins, and im not exactly too welcome of unwelcome people investigating where i spend my money. coinbase isnt a wallet, its an exchange that you can have your money stored in.

Everybody should stay away from Coinbase. Coinbase is a cancer of Bitcoin ecosystem in my opinion. They are blocking the transactions, they are spying on you where you are sending and how you are spending your Bitcoins. They require huge amount of personal info, like no other exchange or wallet. I don't know what are they trying to do, are they trying to become closer to the US government and gain some advantage in this way, I don't know, but they are working in my opinion, against what Bitcoin stands to do, a privacy and decentralization.
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August 15, 2015, 06:51:08 AM
 #86

any 1 think about XAPO ?
also we can mixer coin with 0 fee

i use xapo just for mixing my bitcoin

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August 15, 2015, 08:00:04 AM
 #87

I tried blockchain and coinbase in a small amounts
And I prefer blockchain as I'm totally anonymous as they don't ask about my name or my country like coinbase
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August 15, 2015, 08:50:39 AM
 #88

To tell what is the best wallet must have in consideration to many factors. But for me the best bitcoin wallet is coinbase. Even is a bitcoin wallet which is a web wallet and the bitcoins are not in your hands but in the hands of the third parts.

I heard that coinbase not allow trancsaction to the gambling site,isn't it?
please correct me if iam wrong
coinbase also tracks how you spend your coins, and im not exactly too welcome of unwelcome people investigating where i spend my money. coinbase isnt a wallet, its an exchange that you can have your money stored in.

Everybody should stay away from Coinbase. Coinbase is a cancer of Bitcoin ecosystem in my opinion. They are blocking the transactions, they are spying on you where you are sending and how you are spending your Bitcoins. They require huge amount of personal info, like no other exchange or wallet. I don't know what are they trying to do, are they trying to become closer to the US government and gain some advantage in this way, I don't know, but they are working in my opinion, against what Bitcoin stands to do, a privacy and decentralization.

If we don't allow licensed businesses, the U.S. will just block all U.S. exchanges, effectively limiting Bitcoin's usage within the country. People like to think it can be evaded, but it simply can't. They can easily force all banks to become Bitcoin-hostile, making it to where you either trade in person or not at all.

https://nanogames.io/i-bctalk-n/
Message for info on how to get kickbacks on sites like Nano (above) and CryptoPlay!
illyiller
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August 15, 2015, 09:30:52 AM
 #89

To tell what is the best wallet must have in consideration to many factors. But for me the best bitcoin wallet is coinbase. Even is a bitcoin wallet which is a web wallet and the bitcoins are not in your hands but in the hands of the third parts.

I heard that coinbase not allow trancsaction to the gambling site,isn't it?
please correct me if iam wrong
coinbase also tracks how you spend your coins, and im not exactly too welcome of unwelcome people investigating where i spend my money. coinbase isnt a wallet, its an exchange that you can have your money stored in.

Everybody should stay away from Coinbase. Coinbase is a cancer of Bitcoin ecosystem in my opinion. They are blocking the transactions, they are spying on you where you are sending and how you are spending your Bitcoins. They require huge amount of personal info, like no other exchange or wallet. I don't know what are they trying to do, are they trying to become closer to the US government and gain some advantage in this way, I don't know, but they are working in my opinion, against what Bitcoin stands to do, a privacy and decentralization.

If we don't allow licensed businesses, the U.S. will just block all U.S. exchanges, effectively limiting Bitcoin's usage within the country. People like to think it can be evaded, but it simply can't. They can easily force all banks to become Bitcoin-hostile, making it to where you either trade in person or not at all.

They could do that, sure, but would it make sense for them to do that? I'm not so sure. Just playing devil's advocate here, really, but I see this thrown around a lot, and I'm not sure it makes sense. It's pretty clear that bitcoin isn't primarily for drug dealing or money laundering -- although anything fungible and of value could serve those purposes. And it's pretty clear it isn't going away, either (Gemini, Nasdaq, Swedish ETN, GBTC, etc). The feds may already realize that to try at this point to squash out bitcoin will only drive a new and potentially booming industry offshore.
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August 15, 2015, 09:51:09 AM
 #90

blockchain.info is the best online/hot wallet imo. It's noob friendly & fine for storing small amounts. Make sure you use a complex password & use 2 factor authentication. There are others but blockchain.info is the most popular for a reason. Just make sure your computer is clean. Store large amounts of bitcoin on Bitcoin Core or in cold storage but you know this anyway if you do your research.

Thanks for the info mate )

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August 15, 2015, 09:58:40 AM
 #91

To tell what is the best wallet must have in consideration to many factors. But for me the best bitcoin wallet is coinbase. Even is a bitcoin wallet which is a web wallet and the bitcoins are not in your hands but in the hands of the third parts.

I heard that coinbase not allow trancsaction to the gambling site,isn't it?
please correct me if iam wrong
coinbase also tracks how you spend your coins, and im not exactly too welcome of unwelcome people investigating where i spend my money. coinbase isnt a wallet, its an exchange that you can have your money stored in.

Everybody should stay away from Coinbase. Coinbase is a cancer of Bitcoin ecosystem in my opinion. They are blocking the transactions, they are spying on you where you are sending and how you are spending your Bitcoins. They require huge amount of personal info, like no other exchange or wallet. I don't know what are they trying to do, are they trying to become closer to the US government and gain some advantage in this way, I don't know, but they are working in my opinion, against what Bitcoin stands to do, a privacy and decentralization.

If we don't allow licensed businesses, the U.S. will just block all U.S. exchanges, effectively limiting Bitcoin's usage within the country. People like to think it can be evaded, but it simply can't. They can easily force all banks to become Bitcoin-hostile, making it to where you either trade in person or not at all.

They could do that, sure, but would it make sense for them to do that? I'm not so sure. Just playing devil's advocate here, really, but I see this thrown around a lot, and I'm not sure it makes sense. It's pretty clear that bitcoin isn't primarily for drug dealing or money laundering -- although anything fungible and of value could serve those purposes. And it's pretty clear it isn't going away, either (Gemini, Nasdaq, Swedish ETN, GBTC, etc). The feds may already realize that to try at this point to squash out bitcoin will only drive a new and potentially booming industry offshore.

Cash isn't primarily for illicit activities, either, but look at how they're locking that down. I can't deposit $1 into my bank anymore without letting them scan in an active driver's license (if it's expired, they will decline the deposit). You carry $1k in cash and get pulled over, even just for a routine stop, and you can have it confiscated and have every bank account/all your other assets frozen for years on end while you fight it in court. This isn't a theory -- this is happening every single day. To think that they would magically treat Bitcoin different, even when they're doing this to fiat, which has been around well over 100 years, is asinine.

A guy in Texas got arrested because he sold his car for cash (IIRC it was $13k). Why was he arrested? He didn't collect and submit AML/KYC documentation and do a background check on the buyer. Was he a business? No. He was an individual. But the simple fact that it dealt with more than $10k and he didn't force the buyer to submit documentation to him so he could send it to the IRS makes him a criminal.

https://nanogames.io/i-bctalk-n/
Message for info on how to get kickbacks on sites like Nano (above) and CryptoPlay!
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August 15, 2015, 10:30:10 AM
 #92

To tell what is the best wallet must have in consideration to many factors. But for me the best bitcoin wallet is coinbase. Even is a bitcoin wallet which is a web wallet and the bitcoins are not in your hands but in the hands of the third parts.

I heard that coinbase not allow trancsaction to the gambling site,isn't it?
please correct me if iam wrong
coinbase also tracks how you spend your coins, and im not exactly too welcome of unwelcome people investigating where i spend my money. coinbase isnt a wallet, its an exchange that you can have your money stored in.

Everybody should stay away from Coinbase. Coinbase is a cancer of Bitcoin ecosystem in my opinion. They are blocking the transactions, they are spying on you where you are sending and how you are spending your Bitcoins. They require huge amount of personal info, like no other exchange or wallet. I don't know what are they trying to do, are they trying to become closer to the US government and gain some advantage in this way, I don't know, but they are working in my opinion, against what Bitcoin stands to do, a privacy and decentralization.

If we don't allow licensed businesses, the U.S. will just block all U.S. exchanges, effectively limiting Bitcoin's usage within the country. People like to think it can be evaded, but it simply can't. They can easily force all banks to become Bitcoin-hostile, making it to where you either trade in person or not at all.

They could do that, sure, but would it make sense for them to do that? I'm not so sure. Just playing devil's advocate here, really, but I see this thrown around a lot, and I'm not sure it makes sense. It's pretty clear that bitcoin isn't primarily for drug dealing or money laundering -- although anything fungible and of value could serve those purposes. And it's pretty clear it isn't going away, either (Gemini, Nasdaq, Swedish ETN, GBTC, etc). The feds may already realize that to try at this point to squash out bitcoin will only drive a new and potentially booming industry offshore.

Cash isn't primarily for illicit activities, either, but look at how they're locking that down. I can't deposit $1 into my bank anymore without letting them scan in an active driver's license (if it's expired, they will decline the deposit). You carry $1k in cash and get pulled over, even just for a routine stop, and you can have it confiscated and have every bank account/all your other assets frozen for years on end while you fight it in court. This isn't a theory -- this is happening every single day. To think that they would magically treat Bitcoin different, even when they're doing this to fiat, which has been around well over 100 years, is asinine.

A guy in Texas got arrested because he sold his car for cash (IIRC it was $13k). Why was he arrested? He didn't collect and submit AML/KYC documentation and do a background check on the buyer. Was he a business? No. He was an individual. But the simple fact that it dealt with more than $10k and he didn't force the buyer to submit documentation to him so he could send it to the IRS makes him a criminal.

Yeah, I get all that, and it's upsetting and all, but it doesn't really address what was said. The problem with cash is it isn't traceable. They'd prefer it be restricted to electronic means. This is only another reason why the federal government is less likely to become hostile to bitcoin -- it's easy to track, fully public.
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August 15, 2015, 10:56:10 AM
 #93

any 1 think about XAPO ?
also we can mixer coin with 0 fee

i use xapo just for mixing my bitcoin
They aren't really for mixing Bitcoins or even storing any coins in the first place for the following reasons.
1. They keep logs and they are a registered buisness and are obligated to give out any personal information when asked for by the government.
2. For storage, they aren't the best choice. Even though they may be quite safe if they store their coins in their cold storage, things can still happen if an exploit is found or someone does an inside job.
my best online bitcoin wallet is definitely greenaddress as they have shared addresses and i read that they are really reliable and never have any problems
Could you clarify what are you talking about when saying that it has shared address? AFAIK, it does generate multisig addresses and allows users to set a limit thus reducing the impact if a hack is to happen. I can't say that they are reliable. I have lost Bitcoin due to a glitch that happened while enabling 2FA on my phone.

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August 15, 2015, 08:50:24 PM
 #94

I love Coinbase: Unlimited addresses, vaults, receive payments in bitcoin using fiat as reference and, they are already integrated in many places (buy with only one click, literally). Also, if you live in a mainstream country you can probably buy btc directly from them (near to market price, unlike localbitcoins or other sites).

Unlimited addresses? You can get that with any wallet that you control, rather than some 3rd party. Blockchain.info and probably others allow you to send referencing in fiat amount as well. Being integrated doesn't matter per se; anywhere that accepts bitcoin through Coinbase accepts bitcoin.

So I'm thinking -- get a wallet that you control and maintain your own private keys, rather than leaving it to Coinbase.

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August 15, 2015, 09:14:33 PM
 #95

I love Coinbase: Unlimited addresses, vaults, receive payments in bitcoin using fiat as reference and, they are already integrated in many places (buy with only one click, literally). Also, if you live in a mainstream country you can probably buy btc directly from them (near to market price, unlike localbitcoins or other sites).

Unlimited addresses? You can get that with any wallet that you control, rather than some 3rd party. Blockchain.info and probably others allow you to send referencing in fiat amount as well. Being integrated doesn't matter per se; anywhere that accepts bitcoin through Coinbase accepts bitcoin.

So I'm thinking -- get a wallet that you control and maintain your own private keys, rather than leaving it to Coinbase.


in addition, coinbase monitors how you spend your coin, so i dont know whats so great about that. there are multiple accounts of coinbasae terminating accounts without warning for simply sending coins to a gambling website, and have called in LE when they traced coins to a DMN in the past as well.

theres nothing here. message me if you want to put something here.
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August 16, 2015, 06:40:30 AM
 #96

I love Coinbase: Unlimited addresses, vaults, receive payments in bitcoin using fiat as reference and, they are already integrated in many places (buy with only one click, literally). Also, if you live in a mainstream country you can probably buy btc directly from them (near to market price, unlike localbitcoins or other sites).

all of these things that you mentioned are good features but Coinbase has 1 big flaw that negates all those features.
and that is the fact that you dont have access to your private keys, which means 0 control over your bitcoin. so if coinbase decides to close your account, your bitcoin is lost.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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August 16, 2015, 07:21:48 AM
 #97

I love Coinbase: Unlimited addresses, vaults, receive payments in bitcoin using fiat as reference and, they are already integrated in many places (buy with only one click, literally). Also, if you live in a mainstream country you can probably buy btc directly from them (near to market price, unlike localbitcoins or other sites).

all of these things that you mentioned are good features but Coinbase has 1 big flaw that negates all those features.
and that is the fact that you dont have access to your private keys, which means 0 control over your bitcoin. so if coinbase decides to close your account, your bitcoin is lost.
theres a lot more than 1 huge flaw with using coinbase as a wallet, and add in the fact that coinbase closes accounts without warning for trivial reasons, such as simply sending your coins to a gambling site.

theres nothing here. message me if you want to put something here.
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August 16, 2015, 07:28:07 AM
 #98

i guess no one can compete blockchain..
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August 16, 2015, 07:35:41 AM
 #99

i guess no one can compete blockchain..
i think everyone can, blockchain.info is inept and should not be used; they accept  spoofed, unverified transactions into their ledger, and anyone using their api for processing payments or anything for the matter are at risk of being completely fucked over.
https://www.reddit.com/r/Bitcoin/comments/3fv42j/blockchaininfo_spoofed_transactions_problem_aug_4/

theres nothing here. message me if you want to put something here.
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August 16, 2015, 07:36:35 AM
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Blockchain.info
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