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Author Topic: How do you store your bitcoins?  (Read 92194 times)
extrabyte
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February 21, 2016, 12:15:43 PM
 #321

I store my bitcoins in online wallets, I like xapo to store bitcoin because they charge very low fee, and offer bitcoin credit card,
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February 21, 2016, 12:18:23 PM
 #322

Most of my Bitcoin is stored in my trezor wallet. I also keep a small amount of Bitcoin in my coinbase wallet.
Indeed I store my Bitcoins too at an online wallet. I find it so good and it is easy to work, so why not.
Some people dont trust the online wallets, because they say they can be hacked. But it is very secure I think.

No, online wallets aren't as secure as users think. Look about on google or on bitcointalk forum. You will see that blockchain.info was hacked more than one time. Also a problem with online wallets is that most people use simple passwords and don't use 2 factor autentification. Online wallets are easy and can be a good solution for small amounts to pay your daily shoppings, but not to store your savings.
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February 21, 2016, 01:57:37 PM
 #323

Most of my Bitcoin is stored in my trezor wallet. I also keep a small amount of Bitcoin in my coinbase wallet.
Indeed I store my Bitcoins too at an online wallet. I find it so good and it is easy to work, so why not.
Some people dont trust the online wallets, because they say they can be hacked. But it is very secure I think.
many people are afraid to use online wallet. because. all wallets are set by a third party.
Indeed. online wallet. easier and more flexible in the use of the transaction. but the possible loss of a third party is always there. large sites such as Mtgox could be a scam
Hashminers
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February 21, 2016, 02:27:05 PM
 #324

Most of my Bitcoin is stored in my trezor wallet. I also keep a small amount of Bitcoin in my coinbase wallet.
Indeed I store my Bitcoins too at an online wallet. I find it so good and it is easy to work, so why not.
Some people dont trust the online wallets, because they say they can be hacked. But it is very secure I think.
many people are afraid to use online wallet. because. all wallets are set by a third party.
Indeed. online wallet. easier and more flexible in the use of the transaction. but the possible loss of a third party is always there. large sites such as Mtgox could be a scam

Yeah and from what I've learned i know most of the online wallets can be trusted. Even though they are managed by big companies. Offcourse we have to wait and see.
But nobody wants to be goxed.
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February 21, 2016, 02:31:05 PM
 #325

Most of my Bitcoin is stored in my trezor wallet. I also keep a small amount of Bitcoin in my coinbase wallet.
Indeed I store my Bitcoins too at an online wallet. I find it so good and it is easy to work, so why not.
Some people dont trust the online wallets, because they say they can be hacked. But it is very secure I think.
many people are afraid to use online wallet. because. all wallets are set by a third party.
Indeed. online wallet. easier and more flexible in the use of the transaction. but the possible loss of a third party is always there. large sites such as Mtgox could be a scam

Yeah and from what I've learned i know most of the online wallets can be trusted. Even though they are managed by big companies. Offcourse we have to wait and see.
But nobody wants to be goxed.

It's about tradition. If an online wallet has proved to be reliable in time, then you could pretty much trust it.

Gloober
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February 21, 2016, 02:34:02 PM
 #326

I place whatever I don't use on an offline wallet, I think that's the safest way to keep your coins safe.
Whatever I do use, I have a small amount on an online wallet.
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February 21, 2016, 02:39:46 PM
 #327

I use offline wallet on protected USB stick with linux OS.
Its almost as secure as those specialBTC usb vaults.(trezor?)
but basically free Cheesy

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February 21, 2016, 02:43:19 PM
 #328

Mine is stored in Electrum (Software Wallet) , pretty decent i must say.

I want to get the hardware one for safer saving, but i ain't got money.
BitsandBites
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February 21, 2016, 05:10:33 PM
 #329

I store my coins at an online wallet. I think it is very safe and secure. Another good thing is that you can easily pay.
The transaction fee is also very cheap and normal banks dont like it because it is so very cheap.
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February 21, 2016, 05:11:51 PM
 #330

I use coinbase like local account
due to small amount of btc its the only place
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February 21, 2016, 05:22:52 PM
 #331

I stored my bitcoins in my coinbase wallet some of my earnings every week half of my earnings i store it into my vault every time i have extra bitcoin i save and store it in my wallet.. i hope the price of bitcoin will be rise above $1000 in the future...

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February 21, 2016, 06:43:16 PM
 #332

In a ledger wallet, stashed away in a bank box.
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February 21, 2016, 07:06:59 PM
 #333

I use offline wallet on protected USB stick with linux OS.
Do you make backups of that stick? I recently had to replace a 3 year old good-brand stick, because it simply stopped working. This stick contained movies, if it was bitcoin it could have been an expensive loss.

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February 21, 2016, 07:07:19 PM
 #334

I have Multibit HD for daily transactions and have two paper wallets stored in my safe where i keep some BTC as investment

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February 21, 2016, 07:42:28 PM
 #335

You can store all your bitcoins in an online wallet such as yobit or coinbase and they are both very resourceful


why do you stored your bitcoin on your coinbase wallet or yobit? i mean it's prety risk due to the controll and access of the private key, yeah we dont have a ultimate controll of our private key, i prefer using coinbase and some kind of exchanger like that just for spendable amount, to be honest i would never stored all of my bitcoin there, just saying
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February 21, 2016, 09:00:08 PM
 #336

I use offline wallet on protected USB stick with linux OS.
Do you make backups of that stick? I recently had to replace a 3 year old good-brand stick, because it simply stopped working. This stick contained movies, if it was bitcoin it could have been an expensive loss.

I always have multiple copies of the bitcoin in many places. I will not store it in a single place. Too risky.

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February 21, 2016, 10:58:58 PM
 #337

I store my bitcoin in a wallet, this is the safest way of course, I also use multiple wallets to be more secured and not get a target of hackers.
If you really want to be secured use a paper wallet or a cold storage so you cannot get hacked by someone in most cases.

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February 22, 2016, 01:38:06 AM
 #338

I use offline wallet on protected USB stick with linux OS.
Do you make backups of that stick? I recently had to replace a 3 year old good-brand stick, because it simply stopped working. This stick contained movies, if it was bitcoin it could have been an expensive loss.

I always have multiple copies of the bitcoin in many places. I will not store it in a single place. Too risky.
What is the risky ? if you smart people you will save the backup and use authentication. you can use 1 wallet
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February 22, 2016, 02:37:30 AM
 #339

I use offline wallet on protected USB stick with linux OS.
Do you make backups of that stick? I recently had to replace a 3 year old good-brand stick, because it simply stopped working. This stick contained movies, if it was bitcoin it could have been an expensive loss.

I always have multiple copies of the bitcoin in many places. I will not store it in a single place. Too risky.
What is the risky ? if you smart people you will save the backup and use authentication. you can use 1 wallet

i have bad experience with 2fa called authy (https://chrome.google.com/webstore/detail/authy-chrome-extension/fhgenkpocbhhddlgkjnfghpjanffonno ) someone acces my computer using RDP , then i lost my email, bittrex, blockchain and local exchanger acccount.

im shocked only Xapo wallet where using my android wallet as 2fa which is still secure, after it Im using some wallet and i use my number phone as 2fa...
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February 22, 2016, 02:45:14 AM
 #340

I use a web wallet for everyday use and for storing small amounts of coins. I also have an offline wallet. I'm thinkin of gettig a desktop wallet also once I have a laptop already. I don't have mh coins anyway so I never really bothered methat muh. I use multiple wallets. Currently I am using 9. Smiley

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