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BitcoinHodler
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February 23, 2016, 01:35:20 PM |
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i use electrum as my main wallet so i store my bitcoins there and keep that wallet on my offline PC and spend them by signing transaction there and broadcasting it on my online PC.
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Holding Bitcoin More Every Day
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CryingMidget
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February 23, 2016, 01:48:40 PM |
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i use electrum as my main wallet so i store my bitcoins there and keep that wallet on my offline PC and spend them by signing transaction there and broadcasting it on my online PC.
Electrum is best one among desktop wallet, It is more faster transaction than multibit. It is working faster in low network connection also, Even I Would suggest to everyone to use electrum. |
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Ossidalm
Newbie
 Offline
Activity: 60
Merit: 0
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February 23, 2016, 01:50:26 PM |
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i use electrum as my main wallet so i store my bitcoins there and keep that wallet on my offline PC and spend them by signing transaction there and broadcasting it on my online PC.
Electrum is best one among desktop wallet, It is more faster transaction than multibit. It is working faster in low network connection also, Even I Would suggest to everyone to use electrum. Is Electrum insured? If the service lost your coins due to hacking, will it compensate you the coins? |
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ultimatesky
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February 23, 2016, 03:04:26 PM |
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i use electrum as my main wallet so i store my bitcoins there and keep that wallet on my offline PC and spend them by signing transaction there and broadcasting it on my online PC.
Electrum is best one among desktop wallet, It is more faster transaction than multibit. It is working faster in low network connection also, Even I Would suggest to everyone to use electrum. Is Electrum insured? If the service lost your coins due to hacking, will it compensate you the coins? I store my Bitcoins in online wallets. I think that is the best option. It is also very easy to use and that is so good. I like it to use it and I think many people too. Some of them store it on their own Pc, That is also good. |
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coinzat
Sr. Member
Offline
Activity: 434
Merit: 250
Young but I'm not that bold
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February 23, 2016, 03:11:01 PM |
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I store my bitcoin in mycelium mobile wallet. I do not own big amount of btc now so I think it is safer enough. I do not use desktop wallets because I do not have a PC now
If I get more btc, I will store them in a paper wallet as it is one of the safest methods to store btc
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jonathgb25
Full Member
Offline
Activity: 140
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
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February 23, 2016, 03:19:59 PM |
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i use electrum as my main wallet so i store my bitcoins there and keep that wallet on my offline PC and spend them by signing transaction there and broadcasting it on my online PC.
Electrum is best one among desktop wallet, It is more faster transaction than multibit. It is working faster in low network connection also, Even I Would suggest to everyone to use electrum. Is Electrum insured? If the service lost your coins due to hacking, will it compensate you the coins? All bitcoin wallets can be insured if you properly backed up the private key of your bitcoin wallet.  |
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RealBitcoin
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February 23, 2016, 03:39:43 PM |
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i use electrum as my main wallet so i store my bitcoins there and keep that wallet on my offline PC and spend them by signing transaction there and broadcasting it on my online PC.
Electrum is best one among desktop wallet, It is more faster transaction than multibit. It is working faster in low network connection also, Even I Would suggest to everyone to use electrum. Is Electrum insured? If the service lost your coins due to hacking, will it compensate you the coins? All bitcoin wallets can be insured if you properly backed up the private key of your bitcoin wallet. It's not about insurance, it's about keeping the priv key safe to begin with. It's one thing to have 20-30 CD's containing the wallet file, in safe spaces so if 1 CD gets lost or corrupted you have backup. But if the wallet is not secure, then its nonsense, you need to secure the funds first ,in a cold storage. |
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MrGodMan
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February 23, 2016, 07:11:01 PM |
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I store my bitcoin in mycelium mobile wallet. I do not own big amount of btc now so I think it is safer enough. I do not use desktop wallets because I do not have a PC now
If I get more btc, I will store them in a paper wallet as it is one of the safest methods to store btc
I prefer to store my bitcoin in my mobile block chain digital wallet. which is handy and safest way to keep the money online. |
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zalucia
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February 23, 2016, 07:52:41 PM |
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Most of my bitcoins are on offline paper wallet.
And small amount in my blockhain.info wallet for easy access.
I am in the same situation. I hold most coins and use very little amount of the coin to buy things. |
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RealBitcoin
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February 24, 2016, 12:58:17 PM |
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Most of my bitcoins are on offline paper wallet.
And small amount in my blockhain.info wallet for easy access.
I am in the same situation. I hold most coins and use very little amount of the coin to buy things. Or invest it in some low risk investment. But most of the money must be kept in secure places, there are no bitcoin banks yet. |
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MaritiJames3
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February 24, 2016, 02:50:17 PM |
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I store my bitcoin in mycelium mobile wallet. I do not own big amount of btc now so I think it is safer enough. I do not use desktop wallets because I do not have a PC now
If I get more btc, I will store them in a paper wallet as it is one of the safest methods to store btc
I prefer to store my bitcoin in my mobile block chain digital wallet. which is handy and safest way to keep the money online. I store my coins at an online wallet. I think that is the best to use. And it is also very secure. Most people are storing it at an online wallet so that is good. Most people trust it too and that is why it is safe. Some people dont trust it and save it on their own computer. |
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LoyceV
Legendary
Offline
Activity: 3346
Merit: 16884
Thick-Skinned Gang Leader and Golden Feather 2021
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February 24, 2016, 05:59:47 PM |
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It's one thing to have 20-30 CD's containing the wallet file, in safe spaces so if 1 CD gets lost or corrupted you have backup.
Why would you go through the hassle of burning so many backups of 1 small file, if you can just write down the private key? Take an old book you've had all your life, open it at page 36, and write it down. Unlike a CD, the book will last for centuries. Just remember which book it is  |
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laverre
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February 24, 2016, 06:03:18 PM |
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All my coins in blockhain.info wallet but I don't have much so no need to worry too much.
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phibay
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February 24, 2016, 06:33:56 PM |
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I store my bitcoin in mycelium mobile wallet. I do not own big amount of btc now so I think it is safer enough. I do not use desktop wallets because I do not have a PC now
If I get more btc, I will store them in a paper wallet as it is one of the safest methods to store btc
same here dude, mycelium was the best wallet for me cuz its very convenient and secure since its just on my pocket. anytime , anywhere i can use my bitcoins with ease. i got a desktop wallet though (electrum) but it was for holding purposes |
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jt byte
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February 24, 2016, 06:37:41 PM |
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So mostly everyone think that the most secure way to store the Bitcoin(s) are using a paper wallet? yes they are secure, it is getting more reliable if you are using the multisig approach
I store my bitcoins in multiple wallets due the security measures you have to take these days, Also got a paper wallet but for low amounts I do not recommend it. For low amounts you do not need such a secured wallet because you will never a target for hackers because they can not get a lot out of you. There are all kind of websites where you can create a online wallet, but be sure to take a trusted website so you will not be target of any hackers. |
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xslugx
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February 24, 2016, 06:41:05 PM |
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Hey you know what?
Well usually I stored my btc in electrum. And I still do with some coins.
But the biggest parts of my incomes are set in bitfinex and polienex to fill margin funding orders!
This way all the excedent money is used by someone and I get actually paid for it =D
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Hugroll
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February 24, 2016, 07:06:31 PM |
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i have the majority of my bitcoins (roughly 90%) in a paper storage that i plan on keeping for a long time, its essentially my cold storage. and the rest i just keep on coinbase
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babs1975
Full Member
Offline
Activity: 210
Merit: 100
★777Coin.com★ Fun BTC Casino!
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February 26, 2016, 03:48:55 PM |
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I store my bitcoins in an online wallet but I think it is unsafe. Several of my betting sites have been hacked and I think the best way is to use an off line wallet.
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OrangeII
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February 26, 2016, 04:10:35 PM |
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I store my bitcoins in an online wallet but I think it is unsafe. Several of my betting sites have been hacked and I think the best way is to use an off line wallet.
basically no secure storage in the world, even in the bank. if you store them in an online wallet then use the one password via sms in order to tighten the security of your bitcoin, because I also store my bitcoin wallet online too |
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CryingMidget
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February 26, 2016, 04:41:29 PM |
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I store my bitcoins in an online wallet but I think it is unsafe. Several of my betting sites have been hacked and I think the best way is to use an off line wallet.
May I know in which online wallet you are using. If I can I will give suggestion and solution for that. Offline, paper, cold storage are very good when are storing large amount bitcoin. For small amount online wallet is enough I guess. |
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