Bitcoin’s Biggest Wallet Provider Is Having Its Best Month Ever

[XCoinCall]

  Bitcoin’s Biggest Wallet Provider Is Having Its Best Month Ever

https://news.bitcoin.com/bitcoins-biggest-wallet-best-month-ever/

What's your opinion on this?

[smho_16]

A good thing that many new bitcoiners are coming in the community. Not so good that they have choose the blockchain.info wallet.

Anyway essentially is good because many people are coming here and this is good for bitcoin itself. Once they start getting a bit deeper they will soon realize that blockchain wallet is not the ideal way to keep their coins and will soon migrate to better security focused wallets.

[shield132]

Good from this article is that blockchain is going to add function buy and sell bitcoin from within their wallets but I don't agree something in this article. At first bitcoin and gold are very different and it's silly to compare them. Bitcoin is virtual and Gold is real, it can't change gold, it's my opinion and I think most people think like that. I think also it's best month for bitcoin users, not only for blockchain.

[XCoinCall]

We encourage new bitcoiners to join the community too! About the wallets, we'll see. I mean, they'll see!

[jtipt]

I'm happy about it Blockchain adding a buy and sell feature is really good, even i have a wallet on blockchain.info with some btc in it and it was my 1st wallet. Like it was my first wallet I'm sure many new people who had just found about bitcoin like to open wallet in Blockchain because of its ease of use and popularity i think now it will be even better with the buy and sell feature.

[7788bitcoin]

This is really a chain reaction. Current economic situation plus Brexit and the so-call "American Brexit" election result, have all driven people to look for potential escape. I think more will come and the last month of 2016 and early 2017 will be an exciting period, esp when Segwit activation is possible and we have been promised the MU2 etc etc.

[~Bitcoin~]

As being client based web wallet bitcoin still win my heart and i am using them from start without any big issue regarding any bitcoin transaction. They are best working web wallet for me and feeling happy to know they soon gonna add instant buy and sell feature just like coinbase have hope they will not add quite confusing KYC policy like coinbase or any country restrictions on this feature.

[clickerz]

This is a welcome news and good for bitcoin community. as more people are joining or becaming aware and familiar with bitcoin. it is good to us. More users means more transctions,demands and for bitcoin to become popular too.

[Lucius]

It is indeed strange that an event such as the election of a new USA president has such an impact on Bitcoin.Find it hard to imagine what would happen if the Trump mentioned Bitcoin in a positive sense,maybe blockchain wallet not stand such pressure.

As some already noticed,it is good to see new users find out about Bitcoin,but I hope they will start to use more secure way to store their coin in future.

The article stated that they have 8 million wallets so far,we might say that it is a considerable sum of Bitcoin there.I hope that they have the best possible protection,because hack of this service would had very bad consequences for cryptocurrency.

[chesatochi]

This is really a chain reaction. Current economic situation plus Brexit and the so-call "American Brexit" election result, have all driven people to look for potential escape. I think more will come and the last month of 2016 and early 2017 will be an exciting period, esp when Segwit activation is possible and we have been promised the MU2 etc etc.

I agree with you, people are looking for another way to put they hard earned money in security. We live a world of change as we have seen it with the brexit and the United States election.

I think people start to realize that to possess some bitcoins is to have the same thing as holding gold because the bitcoins is limited to only 21 millions.

[yayayo]

Information: Bitcoin.com is a news site under the control of the obstructionist and altcoin-pushing FUDster Roger Ver. Therefore all information on his site should not be thoughtlessly assumed to be truth. Everybody linking the site should be aware that he/she increases the likelihood of new users mistakenly assume that this site is the official Bitcoin source, while in fact Roger Ver is trying to trick users into downloading the pro-centralization ClassicCoin and UnlimitedCoin Bitcoin clones.

While it's nice to see Bitcoin growing, it's not advisable to promote third party wallet providers. People should be encourage to download their own wallet - ideally the full node reference implementation Bitcoin Core. By handing over control of funds to third parties, users are giving away financial independence.

ya.ya.yo!

[Catmony]

Blockchain wallet is nice for even newbies as they provide quite good and user friendly wallet experience so it is not surprising to see it owning majority of market share.

What is their partnership with coinify actually?

The new feature has been under development for roughly 8 months, and is thanks to a partnership with Danish bitcoin startup Coinify.

[yayayo]

Blockchain wallet is nice for even newbies as they provide quite good and user friendly wallet experience so it is not surprising to see it owning majority of market share.

Blockchain already had quite a few security problems. There have been multiple occasions of displaying incorrect transaction data. And they are extremely keen on collecting as much user data as possible.

In fact, racketeer Roger Ver owns a significant stake in the company. So he is basically issuing this "news" out of pure self-interest.

So I strongly advise against using the Blockchain wallet. Visit Bitcoin.org and chose one of the standalone wallets listed there. Only using a standalone wallet ensures that you stay in full control of your Bitcoin holdings.

ya.ya.yo!

[mrkevio]

A good thing that many new bitcoiners are coming in the community. Not so good that they have choose the blockchain.info wallet.

Anyway essentially is good because many people are coming here and this is good for bitcoin itself. Once they start getting a bit deeper they will soon realize that blockchain wallet is not the ideal way to keep their coins and will soon migrate to better security focused wallets.

I have been using Blockchain for a while too and I found out a few months ago that I shouldn't have done that. The latest update doesn't even let me input my second encryption password so I can't do anything right now with my account. Buying and selling is a good idea for the wallet but I wish they would have had these user issues fixed before adding more features.

[amacar2]

Actually i am using electrum most of the time these days as an alternative to blockchain as i have heard them having full access to our personal information which is completely against privacy policy.

However i like the mobile wallet of blockchain.info, I think this article is just to promote blockchain wallet and their upcoming buy/sell bitcoin within wallet feature.

[Kprawn]

It is indeed strange that an event such as the election of a new USA president has such an impact on Bitcoin.Find it hard to imagine what would happen if the Trump mentioned Bitcoin in a positive sense,maybe blockchain wallet not stand such pressure.

As some already noticed,it is good to see new users find out about Bitcoin,but I hope they will start to use more secure way to store their coin in future.

The article stated that they have 8 million wallets so far,we might say that it is a considerable sum of Bitcoin there.I hope that they have the best possible protection,because hack of this service would had very bad consequences for cryptocurrency.

Agreed, but if you listened to the advice given on all Bitcoin platforms, you will know that most of us, do not store large amounts of bitcoins on

online wallets. We might use them for small amounts, if we want to make small daily purchases or just to sweep some bitcoins from cold storage,

but never for large amounts. If users needs a relative secure wallet, Blockchain.info is ok for beginners .. { 5 out of 10 }

[avatar_kiyoshi]

Why always connected to US election?

Anyway, blockchain wallet is have more attention than others safest bitcoin wallet. Maybe they already fix their latest problem, but why people still use online wallet, even though there are an electrum wallet which more safe and people don't to download data, just sync it, also easy to use. Why people why.

[xdrpx]

It's incredible how a team of 25 manages to do a miracle in setting up one of the most popular and widely used online Bitcoin wallet. I used to be a user of Blockchain.info but later moved on after there had been hack attempts to steal about 250+ BTC because of a private key issue for the addresses that they generated. This really had upset me and I had to move to a desktop wallet - Electrum. But, incredibly they seem to hold about 50 % of the market share which seems to amaze me. I'm sure they're also soon going to allow users purchase Bitcoins from their wallets portal, which should enable more users to join. I believe they also have a sister trading platform on which uses can sign up to trade, which is good as well. They should provide more emphasis on security as well and probably provide more transparency on how they encrypt our private keys

[topesis]

Good for the company but for me I believe the economy of Bitcoin needs to move beyond wallet provider and I think it is for this reason that more people are getting interested in Altcoins because of new ideas coming into crypto space almost daily though majority of these ideas won't see any world adoption and die

[Junko]

Pretty interesting that they are the biggest wallet provider. They've been around for a long time also - relative to bitcoin of course. Amazing they only employ 25 people too. Adding the buy and sell bitcoin feature will be nice and will likely increase their user numbers. They'll prolly have to hire a few more employees as well. Good stuff.