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Author Topic: How do you store your bitcoins?  (Read 92194 times)
knowhow
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March 16, 2016, 02:12:08 PM
 #521

Well any company can get and bring the interest to take them down,i believe a cold wallets is the best,and the only way i believe it will be hard to hack is blockchain but well,at online workd everything may be possible.
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March 16, 2016, 03:25:09 PM
 #522

Well any company can get and bring the interest to take them down,i believe a cold wallets is the best,and the only way i believe it will be hard to hack is blockchain but well,at online workd everything may be possible.
if you registered blockchain.info with email and you use same password for your email and blockchain account, im sure it's very easy to acces your blockchain wallet.
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March 16, 2016, 03:35:09 PM
 #523

I store my Bitcoins at an online wallets. And that is very safe and it works also very well so I am happy about it.
Some people dont trust it but they should. Because it works also very easy and fast so that is very good. Also for Bitcoin.

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March 17, 2016, 10:44:48 AM
 #524

The best thing that you can do is just store your Bitcoins at an online wallet. That is the best way to do it.
And it is also very good to use and easy as well. But everyone have their own choice so I respect that.


I agree with you that using an online wallet has some advantages like it is accessible everywhere. but not all online wallets are the same, one should choose a wallet that gives access to his private keys so he will have the full control on his coins. but wallets like coinbase and xapo, I do not see any difference between them and PayPal
I agree with you I think Coinbase and xapo similar to paypal. I think no full control they provide. they did not provide the private key as the blockchain.
for online wallet is very good indeed very flexible also different from a desktop wallet. you can use on your device only
bitlancr
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March 17, 2016, 11:20:40 AM
 #525

Its good to store your Bitcoin at Blockchain or something. So you can also use your Bitcoin very easy and that is very good.
I hope that more people will use also Blockchain. Because the wallets is also very popular and very safe.
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March 17, 2016, 12:01:54 PM
 #526

The best thing that you can do is just store your Bitcoins at an online wallet. That is the best way to do it.
And it is also very good to use and easy as well. But everyone have their own choice so I respect that.


I agree with you that using an online wallet has some advantages like it is accessible everywhere. but not all online wallets are the same, one should choose a wallet that gives access to his private keys so he will have the full control on his coins. but wallets like coinbase and xapo, I do not see any difference between them and PayPal

coinbase and xapo is Best wallet for user with high transaction everyday, No fee for each transaction, but limited acces to your addres. anyway if you compared xapo,coinbase and paypal it's very diffirent, look at the paypal fee  Cheesy
lol you can't compare it with the fee. certainly not an issue fee. the problem is xapo have control over your bitcoin. just like paypal to have control on your money. The only other people's opinion
I still use xapo. and still very safe

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March 17, 2016, 12:39:19 PM
 #527

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

i stored online..
but think need create wallet on pc
if you've been wearing a lot of authentication in your online wallet like I did in blockchain is using SMS verification each will be logged. I think it's pretty safe and you do not need to make a lot of wallets again
Many people are storing their coins at an online wallet and that is very good. Because it is very safe and secure.
I hope that more people will use online wallets. Because some people are still saving it on their own PC.
MTBTT
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March 17, 2016, 12:56:23 PM
 #528

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

i stored online..
but think need create wallet on pc
if you've been wearing a lot of authentication in your online wallet like I did in blockchain is using SMS verification each will be logged. I think it's pretty safe and you do not need to make a lot of wallets again

It's also have a risky though. If you forget bring your phone or lost your phone, you can't open your online bitcoin wallet. Better using other authentication imo.
therefore you need a backup wallet and a private key. so if your phone is lost or steal/ you're not going to lose your wallet and your bitcoin
bitlancr
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March 17, 2016, 03:45:35 PM
 #529

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

i stored online..
but think need create wallet on pc
if you've been wearing a lot of authentication in your online wallet like I did in blockchain is using SMS verification each will be logged. I think it's pretty safe and you do not need to make a lot of wallets again
I have also a wallet on my own PC. Because I dont trust the online wallets. And I have heard also that you can be hacked and that will be not good.
I hope later also that more people will use Bitcoin and store them in their own wallet. That will be the best.
celic95
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March 17, 2016, 03:56:42 PM
 #530

My bitcoins are just at the bitcent level but even with that, I keep them in a paper wallet. I think it's awesome that you can store bitcoins in almost everything even a piece of paper.
nejibens
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March 17, 2016, 04:36:27 PM
 #531

My bitcoins are just at the bitcent level but even with that, I keep them in a paper wallet. I think it's awesome that you can store bitcoins in almost everything even a piece of paper.

Yes it's not bad to store the bitcoins in the paper wallet, however i think the other wallets are secured too as long as you have the private key
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March 17, 2016, 04:39:48 PM
 #532

I just have some bitcents and keeping them in my PC at electrum. If you are storing big amounts then more secure options are needed though..
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March 17, 2016, 04:42:12 PM
 #533

I actually store my bitcoin into one wallet only. this is because I am still in the period of earning bitcoins on my own. This was also advise for people not having much bitcoin yet you can store it only in a wallet but of you have a lot of it you can have more than 1 wallet to store them..

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March 17, 2016, 05:07:05 PM
 #534

I store my bitcoins in multiple wallets IMO it's the best to do so.
I think it can be better although if the PC is vulnerable then it won't matter much..

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March 17, 2016, 05:10:40 PM
 #535

I am currently storing my bitcoins in more than one wallets. It is always better to diversify.

A minor portion of my bitcoin is in coinbase. Another minor portion is in c-cex, which I use for daily trading.

The last portion of my bitcoin is in my offline wallet.

knowhow
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March 17, 2016, 08:12:19 PM
 #536

Well any company can get and bring the interest to take them down,i believe a cold wallets is the best,and the only way i believe it will be hard to hack is blockchain but well,at online workd everything may be possible.
if you registered blockchain.info with email and you use same password for your email and blockchain account, im sure it's very easy to acces your blockchain wallet.

Who would be soo stupid to get and make the same password from email and blockchain,anyway it has two password and 2fa to unlock the funds anyway soo still being protected even if someone very stupid would do such thing.
MaxTax
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March 17, 2016, 08:20:21 PM
 #537

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

i stored online..
but think need create wallet on pc
if you've been wearing a lot of authentication in your online wallet like I did in blockchain is using SMS verification each will be logged. I think it's pretty safe and you do not need to make a lot of wallets again

Indeed its pretty safe, blockchain also used a google key, well you can activate it by your phone, when you login in your blockchain you must than use a rare code that is only for you.
I think that is a pretty good security for a online wallet if you ask me.
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March 17, 2016, 08:23:01 PM
 #538

I use many wallets to store my bitcoins, online web wallets like coinbase i use to play gambling and sports betting, and desktop wallet i use to store my bitcoins for future expenses.

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March 17, 2016, 08:39:52 PM
 #539

I use for low amount my android phone with blockchain wallet and for medium amount bitcoin core and paper wallets.
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March 17, 2016, 11:30:47 PM
 #540

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

i stored online..
but think need create wallet on pc
if you've been wearing a lot of authentication in your online wallet like I did in blockchain is using SMS verification each will be logged. I think it's pretty safe and you do not need to make a lot of wallets again

Indeed its pretty safe, blockchain also used a google key, well you can activate it by your phone, when you login in your blockchain you must than use a rare code that is only for you.
I think that is a pretty good security for a online wallet if you ask me.
You can also use your email. when you try to log in your wallet, blockchain will send you email verification to confirm and login to your wallet.
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