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23dzmaz
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March 21, 2016, 05:33:49 AM |
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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. i think having the phone is quite a good choice. There can be a backup code in case the phone lose and can change the verification code into another phone. But I think phone wallet is not much that risky, it will be the same as our wallet for notes/cash-currency in our pocket. Its lose will be the same as the lose of our fiat wallet, and a phone on its lose can be easily deactivated/locked. There is also a risk for using phone wallet. It's like, if you lose your phone or forget bring your phone. But phone wallet is also have a advantage. For me i prefer using blockchain. |
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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secone
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March 21, 2016, 07:00:06 AM |
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There is also a risk for using phone wallet. It's like, if you lose your phone or forget bring your phone. But phone wallet is also have a advantage. For me i prefer using blockchain.
for mobile wallet i prefered use xapo than blockchain, no fee for each transaction. but the problem is i must waiting minimum 6confimartion for make my deposit avaible at my wallet |
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Divinespark
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March 21, 2016, 07:22:32 AM |
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I have my larger position stored on paperwallets that were created in an offline mode
Rest is spendable and is on blockchain.info
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Divinespark
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March 21, 2016, 07:23:15 AM |
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I don't use mobile wallets at all as I am paranoid about security leaks/malware costing me coin!
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BitcoinSupremo
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March 21, 2016, 07:59:32 AM |
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Maybe this is a bold statement here, but I keep all my eggs in one basket, Electrum under Linux, I own the seed, even if I lose my password I can still recover my money with the seed. I don't know how this can be hacked without anyone knowing the seed or password, so far it hasn't and I have hopes it will remain this way.
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ajun96
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March 21, 2016, 08:28:37 AM |
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I use blockchain, but only for small amounts of money. I think that the best method to store higher amount of money is paper print as long as you don't spill it with your morning cofee haha  I think the use of paper wallet anyone who finds your wallet paper if you lose it. they can easily redeem bitcoin in there. I prefer to use blockchain and wallet desktop until now I have never stolen or hacked in my wallet, very safe |
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Oscoda
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March 21, 2016, 09:55:28 AM |
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Most people store their Bitcoins in a online wallets and that is very good. But it will of course also be more used and that is very good.
But some people are also storing their Bitcoin at their own PC because they dont trust the wallets.
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romero121
Legendary
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Activity: 3164
Merit: 1213
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March 21, 2016, 10:19:13 AM |
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Most people store their Bitcoins in a online wallets and that is very good. But it will of course also be more used and that is very good.
But some people are also storing their Bitcoin at their own PC because they dont trust the wallets.
Yes as said online wallets has got some additional features than desktop or offline wallets. But my opinion is also to have a offline wallet so that it will be much safe than sitting in a third party storage. |
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GamingBro
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March 21, 2016, 05:45:28 PM |
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Usually using mobile wallets but also i like to store bitcoins online. At my opinion it doesn't metter what way people using. It depend of peoples paranoya  |
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bakingbad
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March 21, 2016, 06:02:14 PM |
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Usually using mobile wallets but also i like to store bitcoins online. At my opinion it doesn't metter what way people using. It depend of peoples paranoya i can not agree with that, people sometimes have their bitcoins stolen because of online wallet data leaks and stuff like that i personally hold it in an online wallet too though im not too concerned about that as i dont have a lot of bitcoins at the moment |
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jkrules
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March 21, 2016, 06:35:32 PM |
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Usually using mobile wallets but also i like to store bitcoins online. At my opinion it doesn't metter what way people using. It depend of peoples paranoya I keep it online but sometimes I find that quite unsafe because I sometimes hear from people that they have been hacked. So be careful about that. |
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Nimbulan
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March 21, 2016, 06:54:51 PM |
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Usually using mobile wallets but also i like to store bitcoins online. At my opinion it doesn't metter what way people using. It depend of peoples paranoya I keep it online but sometimes I find that quite unsafe because I sometimes hear from people that they have been hacked. So be careful about that. i heard a couple of times that blockchain.info was hacked so i cant feel safe storing my bitcoins there any more now i hold everything on a cold storage that i bought from trezor, i have never had any problems using it yet |
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vrm86
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March 21, 2016, 07:49:38 PM |
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Usually using mobile wallets but also i like to store bitcoins online. At my opinion it doesn't metter what way people using. It depend of peoples paranoya Storing coins online only increases risk of loss due to theft aka "hackers attack", but doesn't prejudging anything  Cold staorage has its own weak points, but still is way better. |
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danswer42
Newbie
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Activity: 42
Merit: 0
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March 21, 2016, 08:40:58 PM |
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Usually using mobile wallets but also i like to store bitcoins online. At my opinion it doesn't metter what way people using. It depend of peoples paranoya Storing coins online only increases risk of loss due to theft aka "hackers attack", but doesn't prejudging anything Cold staorage has its own weak points, but still is way better. store my bitcoins in a online wallet with a 3 way authentication, its pretty nice and secure. There are a lot other methods to store your bitcoins.. |
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RoomBot
Legendary
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Activity: 2268
Merit: 1123
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March 27, 2016, 05:00:28 AM |
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Similar to www.coinbase.comMobile app gives you spending freedom, while the insured website has your back. |
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jkrules
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March 27, 2016, 05:16:01 AM |
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Similar to www.coinbase.comMobile app gives you spending freedom, while the insured website has your back. I usually store my bitcoins in a cold storage such as hardware wallet or paper wallet... |
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RoomBot
Legendary
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Activity: 2268
Merit: 1123
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March 27, 2016, 05:29:47 AM |
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Similar to www.coinbase.comMobile app gives you spending freedom, while the insured website has your back. I usually store my bitcoins in a cold storage such as hardware wallet or paper wallet... In many different ways we all support the Revolution! Viva la difference. Viva Bitcoin! |
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Yipdard
Member
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Activity: 106
Merit: 10
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May 03, 2016, 08:59:35 PM |
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I use online wallets to stock Bitcoins.
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GamingBro
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May 03, 2016, 10:28:40 PM |
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I am using blockchain for storing also i want to try some wallets cause still i can't choose what is better. But i think that blockchain is more relaible anyway.
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MTBTT
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May 03, 2016, 11:20:42 PM |
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I am using blockchain for storing also i want to try some wallets cause still i can't choose what is better. But i think that blockchain is more relaible anyway.
I think if you're feeling safe in blockchain. you do not need to find another wallet? What for ? while you're feeling safe in blockchain? I've been in blockchain. since first joining in bitcoin |
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