Wendigo
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May 18, 2016, 09:50:52 AM |
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Always put a PIN on your mobile Bitcoin wallet so in the event that you lose your phone or someone steals it from you you will have enough time to log into another wallet and empty that Bitcoin address. Thieves nowadays will search through your installed apps for valuable accounts before selling the phone and any Bitcoin wallets apps will be a prime target.
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TastyChillySauce00
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May 18, 2016, 09:54:33 AM |
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Exactly what i thought of. If someone found out about how much money is stored your mobile phone after you lost it, you can say goodbye to it. if you however just store few coins to it, its fine.
if the stealer don't even know the PIN number or the password, how dare he can access to whole bitcoin wallet in the phone? a few wallet in the smartphone have a feature that can sync itself to the desktop wallet,so still can recover it when phone get lost
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Wapinter
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Activity: 2646
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May 18, 2016, 10:15:46 AM |
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I think keeping bitcoin in your mobile is as safe as keeping them on your computer.In both case you must take some safeguards to prevent hacking/stealing your device
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praprata
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May 18, 2016, 10:20:19 AM |
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It's not safe to be honest. You carry your phone daily, so it's a daily possibility that you can forget where did you put your Bitcoins at. If you have good encryption, then they should be safe even if you lose the phone, but of course, you lose the Bitcoins that are inside the phone. In general im too paranoid to carry Bitcoins in my phone.
I believe that it is pretty safe and I am sure that nothing will happen to those Bitcoins. But the only thing I am afraid of is when you lose your phone or it breaks or something. Then you have just lost your phone and your Bitcoins. Yeah I agree with you it is pretty safe to store it on your phone because your phone is something you always have with you and never loose out of sight. But if you lose it you have a problem.
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bittrojan
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May 18, 2016, 10:28:25 AM |
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I think keeping bitcoin in your mobile is as safe as keeping them on your computer.In both case you must take some safeguards to prevent hacking/stealing your device
Logically its correct,basicly smartphone and computer have same scurity for bitcoin wallet,but we should considering about chance to losing our device or broken,mobile phone have more chance to lose or broken,its why people choose computer or dekstop wallet.
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ICO investor. Miner. Bagholder Extraordinaire!
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BitcoinBabbler
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May 18, 2016, 10:43:34 AM |
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Duuuhhh... It is on internet, isnt it? So it is safe. Hope you dont keep your btc password on mobile, cuz thhere can be snooopers anywhere...
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brianlee01
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May 18, 2016, 11:02:27 AM |
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However store Bitcoins via pc it safer. You can secure the PC via Bitcoins in several ways such as storing the private key using a notepad. Also It's better if you keep it on the desktop wallet.
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phreaky
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May 18, 2016, 02:07:18 PM |
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It's not safe to be honest. You carry your phone daily, so it's a daily possibility that you can forget where did you put your Bitcoins at. If you have good encryption, then they should be safe even if you lose the phone, but of course, you lose the Bitcoins that are inside the phone. In general im too paranoid to carry Bitcoins in my phone.
I believe that it is pretty safe and I am sure that nothing will happen to those Bitcoins. But the only thing I am afraid of is when you lose your phone or it breaks or something. Then you have just lost your phone and your Bitcoins. Yeah I agree with you it is pretty safe to store it on your phone because your phone is something you always have with you and never loose out of sight. But if you lose it you have a problem. I thought about the same thing when you lose your phone you will lose your Bitcoins, losing both important things at once is not a good thing to happen. So I recommend that you save them somewhere else.
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Sandroxa
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May 18, 2016, 02:19:42 PM |
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It's not safe to be honest. You carry your phone daily, so it's a daily possibility that you can forget where did you put your Bitcoins at. If you have good encryption, then they should be safe even if you lose the phone, but of course, you lose the Bitcoins that are inside the phone. In general im too paranoid to carry Bitcoins in my phone.
I believe that it is pretty safe and I am sure that nothing will happen to those Bitcoins. But the only thing I am afraid of is when you lose your phone or it breaks or something. Then you have just lost your phone and your Bitcoins. It will be not the safest method that you can use but it will be safe and of course there is always a chance that you can be hacked or stolen or something so that is bad. But the most safest way to store your Bitcoin is just at an online wallet and that is nice.
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RoommateAgreement
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May 18, 2016, 04:16:19 PM |
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It's not safe to be honest. You carry your phone daily, so it's a daily possibility that you can forget where did you put your Bitcoins at. If you have good encryption, then they should be safe even if you lose the phone, but of course, you lose the Bitcoins that are inside the phone. In general im too paranoid to carry Bitcoins in my phone.
I believe that it is pretty safe and I am sure that nothing will happen to those Bitcoins. But the only thing I am afraid of is when you lose your phone or it breaks or something. Then you have just lost your phone and your Bitcoins. the breaking or losing the phone is not the biggest concern here because you can easily make a backup. this is a bad idea becaue a phone is something that you carry with yourself so you are carrying your bitcoin with yourself everywhere also it can connect to internet which is bad without any explanation.
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Buying the dip...
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darewaller
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May 18, 2016, 07:51:23 PM |
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for the moment wallet in the PC somewhat more secure. you just have to save your wallet as secure as possible. the important thing is secure your computer from viruses. do backup wallet at all times. securing your computer together with securing wallet.
yes i'm agree with that,maybe for security reason dekstop wallet is better than online wallet or mobile phone storage,but for easy used and carriying,its still matter for dekstop wallet,wecan't bring our PC anywhere. and also i think dekstop wallet should haved by people who really know about malware and virus or phising,becaue if not,newbie will easy to lost their bitcoin on dekstop wallet. Mobile phone wallets are good only for mobility (hence, mobile) in which you can access easily anytime anywhere as long as you are connected to the internet, of course. However the risks are high. Forgetting and losing your phone somewhere, snatched out of you, being bricked, hacked, spied, steal your information. It's fairly easy to do that when you're connected to the internet so only place in small amounts in phone wallet for small transactions and stuff.
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Nameless Coin
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May 18, 2016, 08:36:14 PM |
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for the moment wallet in the PC somewhat more secure. you just have to save your wallet as secure as possible. the important thing is secure your computer from viruses. do backup wallet at all times. securing your computer together with securing wallet.
yes i'm agree with that,maybe for security reason dekstop wallet is better than online wallet or mobile phone storage,but for easy used and carriying,its still matter for dekstop wallet,wecan't bring our PC anywhere. and also i think dekstop wallet should haved by people who really know about malware and virus or phising,becaue if not,newbie will easy to lost their bitcoin on dekstop wallet. Mobile phone wallets are good only for mobility (hence, mobile) in which you can access easily anytime anywhere as long as you are connected to the internet, of course. However the risks are high. Forgetting and losing your phone somewhere, snatched out of you, being bricked, hacked, spied, steal your information. It's fairly easy to do that when you're connected to the internet so only place in small amounts in phone wallet for small transactions and stuff. Well i've got the blockchain app on my iphone and so far i am very happy with. Security is tight with a lot of security features. Not that I would store over 3 bitcoin on my phone, that's asking for problems if you ask me.
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BeGoods
Legendary
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Activity: 1372
Merit: 1008
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May 21, 2016, 11:36:11 PM |
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I prefer to use electrum wallet and also using blockchain.info. Electrum is based if you like to hold your coins for long term. You just have to save private key of the address you will use and also the recovery phrase they provide at start. Blockchain.info is very handy if you like to keep sending and receiving bitcoin everyday.
I wouldn't store most of your Bitcoins on blockchain if I were you, as that is quite dangerous. Electrum is a good alternative to other online wallets though. I think people have different tastes any vote for comfort in the transaction and there are choosing the security of a wallet. some are storing bitcoin wallet phones. I think it all depends on your desires if you feel comfortable using the wallet phone then you can make it to be safe
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Rubberduckie
Legendary
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Activity: 1442
Merit: 1000
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May 22, 2016, 02:21:20 AM |
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I keep between .10-.20 on my phone wallet and I think it is safe.
That said I would never put a bunch of bitcoin on my phone. The stress alone worrying about it wouldnt be worth it.
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|Bitcoin|
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May 22, 2016, 02:35:54 AM |
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I store my btc on my mobile phone too. But i only store like less than 1 btc because it is very danger. I mean that when phone got stolen or there is some virus, say good bye to my bitcoin.
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Yipdard
Member
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Activity: 106
Merit: 10
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May 23, 2016, 09:46:33 PM |
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Store your bitcoins in online wallets, it is safe.
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Babayega31
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May 23, 2016, 10:28:29 PM |
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Ita not really bad to store your bitcoin in your mobile phobe because thats what we are doing most of filipinos using coins.ph app where you can secure and use it with less hassle i dont really bad and i dont encounter hacking issue ever since im using this application in my phone the only really matter their is how wallet owner do to protect his wallet security,
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diodio5
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May 23, 2016, 11:52:28 PM |
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Exactly what i thought of. If someone found out about how much money is stored your mobile phone after you lost it, you can say goodbye to it. if you however just store few coins to it, its fine.
I think before you use a wallet phone you must have backed up the purse or the private key of the purse and when you lose your phone. You will not lose your bitcoin and make sure you provide the password for the application on your wallet in your phone
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quentincole32
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May 24, 2016, 12:33:58 AM |
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If I backup the keys onto my phone's sdcard, don't other apps have temporary access to that file before I delete it? I'm using a Micromax phone and I'm concerned that the phone contains pre-installed malware.
Is it better to just move the money to a wallet on my PC?
its safe if you can make sure you will not losing your mobile phone,and also you should put maximum security on that mobile phone,use 2FA verification and its make you have better comfortable to store your bitcoin on mobile phone.
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bitcoineverything
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May 24, 2016, 04:20:32 AM |
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It depends on how much do you store in your mobile phone. I would suggest you can have a number of storages so you won't lose all of your bitcoins if ever it happens. Storing bitcoin in your mobile phone is just like bringing money with your wallet. It can be lost or stolen anytime if you do not take precautions.
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