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Author Topic: Bitcoin wallet recommendation  (Read 4549 times)
TCW003 (OP)
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March 13, 2017, 06:36:20 AM
 #1

Hi I'm newbie here.
Anyone can recommend a bitcoin wallet to me? I want to keep some bitcoins myself and can easily transfer out also.
Thanks.
Amph
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March 13, 2017, 06:39:41 AM
 #2

i recommend core, the best for me, you can download the blockchain once and then do good with prune to 4GB or higher to have the possibility to use more than one wallet in a certain time frame

last version has a very fast syncing it also tell you the exact estimate in minutes for the syncing time, so don't worry about that
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March 13, 2017, 06:50:03 AM
 #3

i recommend core, the best for me, you can download the blockchain once and then do good with prune to 4GB or higher to have the possibility to use more than one wallet in a certain time frame

last version has a very fast syncing it also tell you the exact estimate in minutes for the syncing time, so don't worry about that

Core is a good option, altough most of the desktop or hardware wallet you can find on this page: https://bitcoin.org/en/choose-your-wallet Would be OK Smiley

Personally, i'm an electrum fan because it only downloads the block headers, so it syncs really fast and only uses a minimal amount of diskspace...

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TCW003 (OP)
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March 13, 2017, 08:06:57 AM
 #4

i recommend core, the best for me, you can download the blockchain once and then do good with prune to 4GB or higher to have the possibility to use more than one wallet in a certain time frame

last version has a very fast syncing it also tell you the exact estimate in minutes for the syncing time, so don't worry about that

I downloaded blockchain once and it's not friendly used here. It's running very slow.
FlightyPouch
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March 13, 2017, 08:11:42 AM
 #5

I am using now coins.ph. It is really good and it is really quick on converting bitcoin to real money, though no other currencies are available except Philippine Peso.

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1xBit.com
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OmegaStarScream
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March 13, 2017, 09:28:10 AM
 #6

If you own large amounts of bitcoins and you want to store them safely while continuing in using them on a daily basis then I suggest Ledger Nano S as a hardware wallets otherwise you should go with Electrum (Desktop wallets) as It doesn't require downloading blockchain and It's lightweight .

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Lauda
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March 13, 2017, 09:39:25 AM
 #7

I am using now coins.ph.
Online service = a bad idea.

It is really good and it is really quick on converting bitcoin to real money, though no other currencies are available except Philippine Peso.
"Real money"? What is Bitcoin then, "fake money"? You do realize that your precious Philippine trash currency is backed by thin air? Roll Eyes

OP, everything you need to know can be found in this thread: [General] Bitcoin Wallets - Which, what, why?

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March 13, 2017, 09:40:33 AM
 #8

Hi I'm newbie here.
Anyone can recommend a bitcoin wallet to me? I want to keep some bitcoins myself and can easily transfer out also.
Thanks.

If you want to keep some coins with you, I understand you want something small and easy.
It will not be the safest thing on Earth, please keep that in mind, so keep only some change you need with you and not the big bucks.
The options I see are:
1. If "with you" means a laptop, I'd say Electrum. It helps you set the fees easily. It's as safe as your laptop is.
2. There's Electrum or Mycellium for Android, if you have android phone. I guess that there are wallets for iPhone too, but I don't know. Keep in mind that smartphones tend to be less safe than computers.
3. Online wallet. Keeping money in other's hands is not the best option, but it's there. Keep in mind that online businesses are now and then "hacked". Keep in mind that there's a lot of phishing at least for blockchain.info wallet. Keep in mind that some online wallets (Xapo) and the exchange wallets may not send the transaction exactly in the same minute you want, which may be important if you buy things with Bitcoin.

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nellz
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March 13, 2017, 09:49:35 AM
 #9

Hi I'm newbie here.
Anyone can recommend a bitcoin wallet to me? I want to keep some bitcoins myself and can easily transfer out also.
Thanks.

If you want to keep some coins with you, I understand you want something small and easy.
It will not be the safest thing on Earth, please keep that in mind, so keep only some change you need with you and not the big bucks.
The options I see are:
1. If "with you" means a laptop, I'd say Electrum. It helps you set the fees easily. It's as safe as your laptop is.
2. There's Electrum or Mycellium for Android, if you have android phone. I guess that there are wallets for iPhone too, but I don't know. Keep in mind that smartphones tend to be less safe than computers.
3. Online wallet. Keeping money in other's hands is not the best option, but it's there. Keep in mind that online businesses are now and then "hacked". Keep in mind that there's a lot of phishing at least for blockchain.info wallet. Keep in mind that some online wallets (Xapo) and the exchange wallets may not send the transaction exactly in the same minute you want, which may be important if you buy things with Bitcoin.
On android i using bitcoin wallet.
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March 13, 2017, 02:45:40 PM
 #10

For you the best option is blockchain.info, you will have the control of your coins but remember activate all the security measures to stay safe. If you are very paranoid with security you will can buy a hardware wallet later and transfer your bitcoins there.

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March 13, 2017, 03:11:38 PM
 #11

im newbie too, im first time using blockchain wallet..
this very scure on my opinion, bcz you can login on your wallet if you klick confirmation on your mail  Smiley
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March 13, 2017, 03:26:13 PM
 #12

depends on what you value more, safety vs convenience.
If you want to be safe, you need either a paper or hardware wallet.
for convenience, I've been using blockchain.info wallet for a while, but I never keep there more than I can afford to lose.

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March 13, 2017, 03:29:26 PM
 #13

Here you go : https://bitcoin.org/en/choose-your-wallet  Smiley
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March 13, 2017, 03:34:15 PM
 #14



Which do you think is the best?

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March 13, 2017, 03:48:41 PM
 #15

All depends on the activity or habit you are using on bitcoin.
For now I using Coinbase as my wallet,
Which reason :
- obligatory to verify users when their activity is logged on the new desktop/ IP. (Like F2-authentication).
- and free fee for each spend bitcoin  Grin
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March 13, 2017, 04:43:30 PM
 #16

For you the best option is blockchain.info, you will have the control of your coins but remember activate all the security measures to stay safe. If you are very paranoid with security you will can buy a hardware wallet later and transfer your bitcoins there.

Yes blockchain is much safer when compared to other wallets but you need to make sure you remember your credentials or else you will lose access to your bitcoins and also it depends on the amount of bitcoin you have to store if it is huge then the best way is going for hardware wallet rather that digital wallet if you want to be on safer end. But in general blockchain is very safe and i use coinbase because of it's user friendly feature without compromising on the level of security.
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March 13, 2017, 05:10:41 PM
 #17

Hi I'm newbie here.
Anyone can recommend a bitcoin wallet to me? I want to keep some bitcoins myself and can easily transfer out also.
Thanks.

At present, there two types of bitcoin wallet options you can choose. 1. Online & 2. Offline
If we're talking about security, safest and most recommended bitcoin wallet options to keep some bitcoins for secure bitcoin storage were paper or hardware wallet. This will much more recommended than any other online wallet.
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March 13, 2017, 06:28:31 PM
 #18

Electrum (for Windows desktop) or Mycellium (for Android) may be a good choice, since from what i've read they are offline wallet (correct me if i'm wrong). However, there is a synchronization process that takes place when updating your BTC in your wallet and when having a transaction, so does Electrum or Mycellium be considered safe (I'm planning on using Electrum)? I'm just curios since i'm also a newbie here and i want my wallet to be secured.
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March 13, 2017, 06:39:20 PM
 #19

If you're looking for something easy, I recommend the Blockchain wallet, but no online wallet is ideal and anyone could steal your Bitcoin if there's a security compromise in their system.

Otherwise, you could try a hardware wallet like Trezor, or a more secure than online wallet like Electrum which is sort of a mixed wallet.
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March 13, 2017, 06:52:52 PM
 #20

Electrum for desktop wallet and Electrum for phone wallet if you have an Android, not yet released for iOS. Electrum is a desktop wallet and is more secure then online web wallets. Same applies for it when you have it in your phone, it's perfect for mobility without you missing out a single deal.

https://electrum.org/#download
https://electrum.org/#documentation

That is all you will need as a beginner to intermediate user, once you become an advanced user only a hardware wallet is good to use without having to worry about anything regarding security.
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