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Author Topic: Can I store my Bitcoin in My computer ?  (Read 2395 times)
bohr
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January 15, 2017, 04:33:56 AM
Last edit: January 15, 2017, 04:46:16 AM by bohr
 #21

Can you? Technically yes..

Should you? No.. especially since you are new. I would suggest you download an app like breadwallet or buy a hardware wallet like Trezor.

If you have a computer just for your BTC its pretty good solution for your BTC.  Password protect and put it away under the bed better than many solutions.  You can pick up laptop for mega cheap these days.
An even cheaper solution is to install a clean operative system in an usb, install a wallet in there and then only connect your usb when you need to do a transaction.
Rizky Aditya
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January 15, 2017, 04:34:56 AM
 #22

Thats not entirely true, you can import private key also to software wallets like electrum, multibit or bitcoin core.  You don't need to import paper wallet to online wallets.
Better to keep you coins offline, paper wallet is great but software wallets are second to best and third one are online wallets.

I would like to know about paper wallet. Because it is completely offline. But I have doubt, How to do transfers (Send and Recieve).


There are different kinds of wallets for different things. You can use a software or online wallet for everyday use like Electrum or blockchain if you are comfortable with less protection. If you want to store your Bitcoin for a longer period of time, then it is smarter to use a hardware wallet or maybe even a paper wallet.
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January 15, 2017, 04:36:55 AM
 #23

Hello Friends..

Can I store my bitcoins in my computer without using any online wallet like coinbase and  Blockchain ? One of my Skype friend told me about it. But he dont know how to do it.
Is it possible?
of course possible and you can , very easy
you can use software wallet like Bitcoin-Qt , multibit , armory , electrum
if you wanna use them you must installing them first before you use it
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January 15, 2017, 11:38:02 AM
 #24

Yes you can actually store bitcoins in your computer. Before web wallet was out the primary wallets being used at the time bitcoin started in 2009 was actually a desktop wallet. You just download the software and there you go you can now store your bitcoins in your computer. But much more than that you can even store it even in your flask drive or hard drive how much more in your computer.
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January 15, 2017, 11:42:31 AM
 #25

I have a USB wallet for bitcoins. I have got it as a present from one campaign where I have place to be before. And I can say that this kind of wallet is much more saved than online wallets.
kidoseagle0312
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January 15, 2017, 11:58:32 AM
 #26

Hello Friends..

Can I store my bitcoins in my computer without using any online wallet like coinbase and  Blockchain ? One of my Skype friend told me about it. But he dont know how to do it.
Is it possible?

As far as I know yes it is possible, But I don't know how? All I know you can download bitcoin core or multibit to your desktop for you to have your own bitcoin storage wallet so that you can save bitcoinBTC.
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January 15, 2017, 12:03:31 PM
 #27

Of course you can install desktop bitcoin wallet on your personal computer. You can search on Google there are some wallet that can use on computer such as multibit, xapo, coindesk and etc. You can check it out. Sorry i will not give the link, because it is like i promote them, so you can browse it on Google.

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Shiroslullaby
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January 15, 2017, 12:40:27 PM
 #28

Yes. You can store your btc on your computer without going online. Use bitcoin core wallet or any SPV wallet. Dont use any online wallet especially coinbase. Its not really safe there. Becareful on storing bitcoin on your computer. Your computer must be a clean computer. Just install a good antivirus and install the wallet. I suggest use electrum wallet because its light and easy to use.

You can also boot from a Live CD on an existing computer you have.
If anyone here is doing that I would love to hear your experience and what OS you are using.
I'm assuming most people would use a Linux live CD but I'm wondering if any flavor of Linux offers advantages over another.

Is anyone using the Bitkey live cd/ usb?
https://bitkey.io/

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January 15, 2017, 01:04:58 PM
 #29

Many answers and all wrong. Now you can't store Bitcoin on your computer. Only private keys
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January 15, 2017, 01:13:29 PM
 #30

You can store it by using Desktop Wallets, but if you want to store them on a computer then I recommend you to use an old laptop (if smaller it's perfect) and install Linux on it. There is a version that has a Bitcoin desktop wallet in it included. Your chances of getting hacked or infected are going to be way smaller, almost 0.
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January 15, 2017, 02:19:44 PM
 #31

You can store it by using Desktop Wallets, but if you want to store them on a computer then I recommend you to use an old laptop (if smaller it's perfect) and install Linux on it. There is a version that has a Bitcoin desktop wallet in it included. Your chances of getting hacked or infected are going to be way smaller, almost 0.

its a good solution for us to save our bitcoin into our computer and i think to install linux on it its also a good suggestion as we know that linux is the most secure and less infected with virus. the desktop wallet the OP can choose maybe bitcoin-core, multibit classic or HD, jaxx, or electrum. althought you install linux on it, you need to careful to save the private keys, because if the private keys is known by other people, then they can stole your bitcoin.

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January 15, 2017, 03:43:18 PM
 #32

Yes you can store it, just install it in your computer just like bitcoin core or multi-bit. And you can search it through net because there are lots offer there. For sure many will pop – up there and offer you much of installations.
 









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susila_bai
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January 15, 2017, 04:32:50 PM
 #33

Hello Friends..

Can I store my bitcoins in my computer without using any online wallet like coinbase and  Blockchain ? One of my Skype friend told me about it. But he dont know how to do it.
Is it possible?

Yes you can store like download the Electrum Desktop wallet which is very lite and easy to use, when you install it , it gives you 16 words pass phrass, just keep it safe in multi place as this passphrasss will be needed  if you delete your wallet without taking backup or anything happens to your computer this passphrass needed to reinstall the wallet.
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January 15, 2017, 11:05:05 PM
 #34

Of course you can install desktop bitcoin wallet on your personal computer. You can search on Google there are some wallet that can use on computer such as multibit, xapo, coindesk and etc. You can check it out. Sorry i will not give the link, because it is like i promote them, so you can browse it on Google.
yes desktop wallet can be download in personal computer and can be use as normal wallet, i think desktop wallet is more safer than online and therefore most of the people use desktop wallet for their mega projects.
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January 15, 2017, 11:19:44 PM
 #35

Hello Friends..

Can I store my bitcoins in my computer without using any online wallet like coinbase and  Blockchain ? One of my Skype friend told me about it. But he dont know how to do it.
Is it possible?

The answer is, Yes! I use Electrum as my local bitcoin wallet and it works pretty good.
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January 15, 2017, 11:30:49 PM
 #36

Of course you can. I would say desktop wallets are relatively better than online wallets.

However, it all depends on the state of the computer that you re using to store it. Things can easily go wrong if a there is malicious attack on your computer. Therefore, you do need a good antivirus to store Bitcoin on your desktop.
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January 16, 2017, 04:32:34 AM
Last edit: March 30, 2017, 08:08:52 AM by ganjamancer
 #37

You can indeed have a wallet on your own computer.  In fact, I recommend it.   Wink

I know others have already recommended quite a few, but I just wanted to add a few details in, if I may.  

First, there are wallets like the aforementioned Bitcoin-QT and Armory* that download the entire blockchain to your hard drive.  These are nice in that you don't depend on a third-party's copy of the blockchain.  Currently, though, this is for the most part just a small boon since everyone's copies of the blockchain should be the same (or if they aren't, the dissimilar ones won't be able to make official transactions and will be ignored by the network).
*The original Armory is still working but hasn't been updated recently.  Someone else picked up ("forked") the project, here: https://github.com/goatpig/BitcoinArmory  

Next, there are light wallets, which store your private keys on your computer, but use a third-party's blockchain.  Electrum is the only one of these wallets I know of, but there are likely others out there.  What's nice about these is that you don't have any large downloads or need a lot of disk space.  Transactions are still safe, too, as your private key is never sent over the network during the process.

Storage wise, you CAN have your client on a USB stick or external hard drive, but do be careful; if you have your private key stored on the drive and then something happens to it (lost/stolen/filesystem corruption, etc...), there will be no way to retrieve your bitcoins.  It is strongly suggested that no matter what you do, your wallet.dat file should at least be backed up to two different drives.

Ganjamancer
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January 16, 2017, 04:46:43 AM
 #38

Hello Friends..

Can I store my bitcoins in my computer without using any online wallet like coinbase and  Blockchain ? One of my Skype friend told me about it. But he dont know how to do it.
Is it possible?
Yes, ofcourse. You can store your bitcoin in computer using a cold storage wallet. That is also using my friend here in the community the cold storage cause it has a most secure wallets but by the way , you should back up your account to recover your wallet in computer if the computer is corrupt the system.

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January 16, 2017, 05:42:37 PM
 #39

I readed replies. Most of the members recommending Electrum as the good desktop app for storing Bitcoin in our computer. I would like to know its security options. Can I enable 2 Step OTP protection ? I mean OTP code recieving in our mobile when open app  and sending money. Please reply ...
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January 16, 2017, 06:00:12 PM
 #40

Hello, search Electrum wallet, that can help you.
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