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DoublerHunter
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July 01, 2016, 08:52:51 AM |
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I'm currently using blockchain.info web wallet because i feel more comfortable and secured than using coins.ph because in coins.ph a lot of users are complaining about it especially those gamblers because they account got deactivated. So even i'm not doing some gamble i transfered my coins to blockchain because it's the best and most popular wallet  . |
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bitcoineverything (OP)
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July 05, 2016, 04:00:21 PM |
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Well it depends on the amount you are going to hold. If you have a small amount coinbase or blockchain wallet will do fine. If you are going to hold a large amount then a hardware wallet would be much better. There are alot of hardware wallets just choose the one that is right for you.
Yes. I definitely agree to that. It all depends on the amount of bitcoin you are keeping. For beginners, I would suggest those online wallets like coinbase or blockchain wallet but if you are earning or keeping large amount of bitcoin, then you should opt for hardware and/or offline wallets. Thanks for the additional information. |
We are here to give you all the latest from the Cryptocurrency space! |
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MrWhiteBites
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July 05, 2016, 04:06:48 PM |
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I guess I'll be the first one to issue the usual warning to stay off online wallets.
Controlling your private keys is the most important part of a wallet's security.
Simple wallets like Electrum or Mycelium for mobile are my two favorites.
Mycelium is excellent, it was because of OpenBazaar i downloaded Mycelium to my Android phone, really love this app. Also you have to think about how much, i would not keep more than a few Bitcoins on my phone, i keep most in cold storage. EG: download Bitcoin desktop wallet, then move that to a usb, making several back ups, then removing it from my computer. |
If you don't know who I am, then maybe your best course would be to tread lightly
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BitcoinSupremo
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July 05, 2016, 04:12:53 PM |
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As long as you are using the wallet most suggested by noobs which is blockchain.info is you are relying on a third party to hold your bitcoins and you are not in charge of your bitcoins really. Even this new wallet of them is HD and has a lot of security features you still are relying on third party to hold and to make bitcoin transactions for you. This is highly inconvenient because their website can go offline anytime, can be attacked via DDOS making you lose some money as you maybe wanting to spend some of your coins for a very nice offer in that very same moment the site is down.
Perfect for everyday usage and for storing coins is Electrum, if you install it in a clean PC (Linux OS recommended for higher security) the private keys are stored in your PC and only you are responsible if something bad happens (you let your guard down when taking care of your PC security).
So far I have not heard a single story of Electrum being hacked even from the Windows environment.
If you will leave your coins in your wallet sitting for years then absolutely your best bet is a hardware wallet like Trezor or Ledger Nano, both malware proofs so your coins are safe there.
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X7
Legendary
 Offline
Activity: 1162
Merit: 1009
Let he who is without sin cast the first stone
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July 06, 2016, 02:07:34 AM |
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This has got to be the biggest Blockchain shill cess pool I have ever seen on this forum - someone note these account names please. OP That wallet is literally one of the most hacked options out there, consider bread wallet if you want free and hold a small amount of BTC - Trezor for HD wallet more secure offline.
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For what shall it profit a man, if he shall gain the world, and lose his own soul?
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romero121
Legendary
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Activity: 3192
Merit: 1213
Enterapp Pre-Sale Live
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July 06, 2016, 06:46:15 AM |
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Best bitcoin wallet to use is Blockchain.info, because it has got the simple interface even a person using it first time clearly understands what were the features present.
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xht
Sr. Member
Offline
Activity: 462
Merit: 250
hey you, yeah you, fuck you!!!
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July 06, 2016, 01:19:37 PM |
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I've two best bitcoin in my choice for cold storage I chose to download it directly from the site bitcoin.org and for everyday use I use blockchain.info
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dihari
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July 06, 2016, 05:00:01 PM |
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Coin base, blockchain, multibit is a trusted and safe wallet to use.
But if you a newbie who is care about 20k satoshi's fee, xapo is the answer.
Xapo has no fee
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hermanhs09
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July 06, 2016, 05:09:09 PM |
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Coin base, blockchain, multibit is a trusted and safe wallet to use.
But if you a newbie who is care about 20k satoshi's fee, xapo is the answer.
Xapo has no fee
Really? well i will use Xapo for my faucet's then ( i dont do them usually unless im veery very bored ) cause it is really perfect to deposit there from faucetbox,when i have deposited into blockchain from faucetbox,i got actually almost no money after transfering it... |
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Noojna
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July 06, 2016, 05:12:34 PM |
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I personally like light wallets such as Multibits - I would never leave some BTC in exchanges (see the fiasco that is happening with the Yobit exchange) or I would not leave BTC in an online wallet either; anything outside my control is seen as potentially hackeable.
Xapo has recently started to get on the problematic KYC band, and as such they are randomly blocking some users, suddenly, who are surprised they can't get access to their BTC all of a sudden. Don't trust outside servers is my motto.
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crairezx20
Legendary
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Activity: 1638
Merit: 1046
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July 06, 2016, 05:37:19 PM |
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I personally like light wallets such as Multibits - I would never leave some BTC in exchanges (see the fiasco that is happening with the Yobit exchange) or I would not leave BTC in an online wallet either; anything outside my control is seen as potentially hackeable.
Xapo has recently started to get on the problematic KYC band, and as such they are randomly blocking some users, suddenly, who are surprised they can't get access to their BTC all of a sudden. Don't trust outside servers is my motto.
Xapo right now many complain about this wallet just heard that they are ban someone without any reason.. better to use electrum is my opinion.. online wallet also is not a good idea better to dont choose coinbase because i already experience of delay responce ` |
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greatr
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July 06, 2016, 09:07:08 PM |
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I personally like light wallets such as Multibits - I would never leave some BTC in exchanges (see the fiasco that is happening with the Yobit exchange) or I would not leave BTC in an online wallet either; anything outside my control is seen as potentially hackeable.
Xapo has recently started to get on the problematic KYC band, and as such they are randomly blocking some users, suddenly, who are surprised they can't get access to their BTC all of a sudden. Don't trust outside servers is my motto.
I've two best bitcoin in my choice for cold storage I chose to download it directly from the site bitcoin.org and for everyday use I use blockchain.info
of course your bitcoins are the safest in the cold storage but i think it iss better to hold it in an online wallet like blockchain.info in order to spend it whenever you want |
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wintermeasures
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July 06, 2016, 10:29:05 PM |
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Now i use bitcoin wallet from blockchain.info because I think they have a good security to protect our bitcoin, moreover, many bitcoin users who use the blockchain service . Thank you
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nanobtc
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July 07, 2016, 05:09:12 AM |
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An important thing I haven't seen much mention of, is the security of your own PC. Historically Windows is the most insecure, but it's difficult to dump everything you know. Your online habits affect this a lot. Do you cruise porn sites? Do you download music or movies? Do you use Edge or Internet Explorer? The more bitcoin you acquire, the more important these questions become.
Any online wallet is convenient, but you are at the mercy of persons unknown. If they go down, your bitcoin can disappear. Multibit is good, but at the time I quit using it, it did not easily support proxy servers. If you have several PCs behind a firewall this could be a problem. Electrum is good because you can easily restore your wallet from phrases that you should write down before your PC goes belly up. Cold storage is the best for longtime use. If you are in the USA, Coinbase's online wallet is good, because they are making big efforts to comply with money laws. Conversely, you give up some privacy to use it.
How long do you keep a computer? If your PC suddenly refuses to boot up, can you recover important files from it? If you take it to any PC shop, do you know that they won't find/steal your private keys?
Phone wallets are very convenient to spend BTC with, make sure you can keep your BTC if the phone is lost or stolen.
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Lennon: "free as a bird"
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Herbert2020
Legendary
Offline
Activity: 1946
Merit: 1137
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July 07, 2016, 05:58:19 AM |
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all the bitcoin wallets can be good. but each of them are good for a different purpose. for example a web wallet like blockchain.info is good but it is not the most secure. if you are ever looking for the safest wallet you should only choose a wallet that is offline, download from a legit place and then install on an always offline system and you have the best wallet.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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Sled
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July 07, 2016, 08:29:50 AM |
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There a lot of wallet to choose: first one is web wallet like xapo,coins.ph(Philippines)blockchain and coinbase and there are also other wallet aside from that like mobile,desktop and hardware wallets. So it's very hard to advise what bitcoin wallet is the best because all of us are always have our own favorite type of wallet. So if you want to choose what's kind of wallet you like and also learn about those kind of wallet you can read some informations from this site: https://bitcoin.org/en/choose-your-wallet . |
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levent
Member
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Activity: 63
Merit: 10
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July 07, 2016, 08:33:49 AM |
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Mozdalifa17
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July 07, 2016, 08:51:46 AM |
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i registered with bitgo.com/login it seems no one talks about it.
what do you think guys?
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Sled
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July 07, 2016, 09:56:06 AM |
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i registered with bitgo.com/login it seems no one talks about it.
what do you think guys?
I didn't heard about that site, i don't think it's will be easy for an average person to trust that site because it's not popular like blockchain or even coinbase. But it's better if you do some research about that site and also find some feedbacks from other people who are using that site if that is a trusted or not . |
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Digitalbitcoin
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July 07, 2016, 12:56:03 PM |
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There are four main types of wallets - Desktop/Software Wallet is one that you install on your own computer or mobile device. You are in complete control over the security of your coins, but they can sometimes be tricky to install and maintain.
- Hardware Wallet is like movable thing where you can store your own bitcoin and carry anywhere build with strong security.
- Smartphone/App Wallets are also great tool to get control over your web wallet with apps. Some of actual just apps are also can be used to send, receive or store bitcoins securely.
- Web Wallet or hosted wallet is one that is hosted by a third party. They are often much easier to use, but you have to trust the provider to maintain high levels of security to protect your coins.
Every wallet has own existence and importance.
Read more at http://bitgold.co.in/get-bitcoin-wallet/A “Bitcoin wallet” is basically the Bitcoin equivalent of a bank account. It allows you to receive bitcoins, store them, and then send them to others. |
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