xIIImaL
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Activity: 1372
Merit: 1005
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May 05, 2016, 06:55:04 AM |
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cold wallet with the private keys hidden in 2 different places
Yeah I would agree that Cold storage is the best way store your bitcoins . A trezor could be worth investing in too. Only store small amounts in an online wallet to avoid the threat of being compromised...
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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LoyceV
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Thick-Skinned Gang Leader and Golden Feather 2021
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May 05, 2016, 06:58:20 AM |
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it's depend about your security setting, i have bad experience with blockchain, im use same password with my email address and i lost arround 3btc. That's not up to blockchain, it's your own mistake. I would say you have had a bad experience using the same password on different locations. If you do so, you basically give your email provider access to your account. Or anybody who might compromise your email account. after what cryptsy did i don't trust any exchanger anymore and it is really hard for me to even keep less than 0.1BTC at an exchanger because they can all run away with our money.
I have some at kraken for months now. It's about 50% euro and 50% bitcoin now. They can always run away indeed, but I don't expect they will. This way I can easily speculate a bit on buying/selling bitcoins when the price is right.
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jasondeadz09
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Activity: 22
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May 05, 2016, 08:25:11 AM |
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Keep it in your pocket
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equator
Legendary
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Activity: 1190
Merit: 1002
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May 05, 2016, 08:31:31 AM |
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it's depend about your security setting, i have bad experience with blockchain, im use same password with my email address and i lost arround 3btc. That's not up to blockchain, it's your own mistake. I would say you have had a bad experience using the same password on different locations. If you do so, you basically give your email provider access to your account. Or anybody who might compromise your email account. after what cryptsy did i don't trust any exchanger anymore and it is really hard for me to even keep less than 0.1BTC at an exchanger because they can all run away with our money.
I have some at kraken for months now. It's about 50% euro and 50% bitcoin now. They can always run away indeed, but I don't expect they will. This way I can easily speculate a bit on buying/selling bitcoins when the price is right. on first comment you said is correct not to use same password for all accounts , keeping different passwords give you more security to your accounts, About believing exchanges is how old is the exchange like yobit and kraken they are olddest exchanges who are going good so in this exchanges you can keep you bitcoin safely as they have big business and wont run away with your coins. If the exchanges is new then their is more chances of running away as if they dont get sufficient business income to run the exchange.
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mindrust
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Activity: 3248
Merit: 2434
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May 05, 2016, 08:35:10 AM |
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Even though i hold too little coins, i usually hold em online. I never use new/untrusted companies but the ones old and trustworthy.
For example, I never had any problems with btc-e, yet i had tons of problems with cryptsy and never used em since 2013 again.
One of them is still in the business while the other one fucked everything up and disappeared.
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betohell
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May 05, 2016, 08:42:05 AM |
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cold wallet with the private keys hidden in 2 different places
I think it's pretty safe using cold wallet. but is it give you the flexibility to use the wallet in various places? it seems you need a purse like that if you have frequent transactions
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klf
Legendary
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Activity: 1344
Merit: 1000
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May 05, 2016, 08:49:15 AM |
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Even though i hold too little coins, i usually hold em online. I never use new/untrusted companies but the ones old and trustworthy.
For example, I never had any problems with btc-e, yet i had tons of problems with cryptsy and never used em since 2013 again.
One of them is still in the business while the other one fucked everything up and disappeared.
Yup i will store some coins in online because it's easy to use while we do betting in gambling. But i will keep all my coins in my wallet only that is the safest way to save our money. In online some hackers will hack our account my friends had experienced in this they will not take our money but they will play that amount and make our account empty so bit scare to hold coins in online.
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Boosterious
Sr. Member
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Activity: 308
Merit: 250
The mind is everything. What you think you become.
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May 05, 2016, 09:16:04 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 love traveling,and going somewhere was not good idea to bring laptop or computer,so i decide to create and store my bitcoin on online wallet,put all security method is the best way to make my bitcoin secure,and also easy to use,because i can access my wallet from my smartphone.
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poplolnman
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Activity: 1442
Merit: 1008
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May 05, 2016, 09:38:45 AM |
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Even though i hold too little coins, i usually hold em online. I never use new/untrusted companies but the ones old and trustworthy.
For example, I never had any problems with btc-e, yet i had tons of problems with cryptsy and never used em since 2013 again.
One of them is still in the business while the other one fucked everything up and disappeared.
Yup i will store some coins in online because it's easy to use while we do betting in gambling. But i will keep all my coins in my wallet only that is the safest way to save our money. In online some hackers will hack our account my friends had experienced in this they will not take our money but they will play that amount and make our account empty so bit scare to hold coins in online. basically online wallet help us to store a little coins to spend daily , yeah like for gambling purpose, buying stuff online, online service etc. just remember to store small amount only on online wallet even the provider trustworthy noone could guaranteed they wouldn't steal your coins through privatekey they hold.
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I'm in 400,000 euros debt , dont help me , i rather die
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bestluck
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May 05, 2016, 09:51:07 AM |
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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 If the user finds Blockchain wallet to be safe for the first time. The user would never try or use some other wallet for saving their hard earned bitcoin. Likewise I too always prefer Blockchain wallet. But with the blockchain. I also started with coinbase, and I think coinbase is more secure for me to save my money but still I save all my bitcoins in blockchain so is the main wallet of me.
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elobizph
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May 05, 2016, 09:59:43 AM |
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I am using online wallet or usually known as shared wallet and so far my account doesnt hack.
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elobizph
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May 05, 2016, 10:00:34 AM |
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I am using online wallet or usually known as shared wallet and so far my account doesnt hack.
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n0ne
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May 05, 2016, 01:25:19 PM |
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cold wallet with the private keys hidden in 2 different places
I think it's pretty safe using cold wallet. but is it give you the flexibility to use the wallet in various places? it seems you need a purse like that if you have frequent transactions Yeah in my opinion cold wallets can be used for a long term holding or investment. I too prefer the same online wallet like Coinbase and Blockchain for my regular transactions.
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jossiel
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May 05, 2016, 01:55:26 PM |
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I am using online wallet or usually known as shared wallet and so far my account doesnt hack.
Most of us are storing bitcoin with an online wallet. I'm just worried that hackers could hack online wallet especially blockchain because hackers are putting their eyes in every transaction made there.
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Jasad
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Activity: 1414
Merit: 1001
= jasad =
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May 05, 2016, 04:28:55 PM |
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for me,i'm just people who earn bitcoin from small task like signature campaign and other tasks,so i just need online wallet for my bitcoin,its tottally safe becasue i just have a little amount of bitcoin,but when i have bigger amout of bitcoin like 1 or 2 bitcoin,i will keep it on cold storage,i think its will safer.
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xIIImaL
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Activity: 1372
Merit: 1005
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May 05, 2016, 04:50:55 PM |
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I am using online wallet or usually known as shared wallet and so far my account doesnt hack.
Clod is best I guess, I use store some of my bitcoins in online wallets as well, do not want to take a risk to get hacked and lose all of my coins at once. Mostly store them on online wallets, like blockchain or coinbase.
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Mr.grin
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Activity: 1218
Merit: 1000
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May 05, 2016, 06:03:41 PM |
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lately is a very difficult thing to keep bitcoin. I always exchange it for dollars, because so many have to fulfill your needs, but I'm trying to keep it in my wallet today.
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knowhow
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May 05, 2016, 08:44:15 PM |
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Well my wallet dont stands more then a week with some balance as i need to pay my bills and get some credit to my faucet balance ,besides those all my income is being invested at poloniex that is a huge company and no im not trading i just lend there my money on their safest lending service,soo in the end instead i be waiting to bitcoins reach or hit 800 dollars i keep earning all days more and more satoshis.
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PinkLlama
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May 05, 2016, 08:46:43 PM |
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I accept large payments through Electrum and smaller payments through Blockchain. I then store the larger amounts of Bitcoin in a cold storage and smaller amounts in paper wallets.
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Developing great Bitcoin tools for the community
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GamingBro
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May 05, 2016, 11:54:31 PM |
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I am just using blockchain for everything, but i don't really store my coins, just holding and waiting for halving. After all i will store it anyway
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