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Author Topic: Offline Wallets Vs Online Wallets  (Read 16573 times)
AjithBtc
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September 30, 2017, 02:59:58 PM
 #301

Which of the Bitcoin wallets between the Online and Offline works best?
We all know that the offline wallets is more safe than online wallets but I think online wallets is more good for me because I can always monitor my bitcoin and its value whether the price is go down or up.
Yes, offline wallets were much secure than the online wallets. Online wallets provides easy accessing and anywhere accessibility. Also these days online wallets come up with more security features, to provide added security.

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hich_ang
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September 30, 2017, 03:31:05 PM
 #302

Offline wallets and hard wallets are better for long term holding. But i prefer using online wallets when i'm regularly using my funds.
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September 30, 2017, 03:34:07 PM
 #303

If you are holding a lot of bitcoins, go with Hardware wallet If you are planning to use them from time to time otherwise go with Paper wallets for long term storage. Desktop wallet such as Electrum can be a good choice If you can't really afford a hardware wallet.  Cheesy
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September 30, 2017, 09:40:39 PM
 #304

I recommend offline wallet if you are saving for long term. Online wallets are easy accessible and good for usually transactions and payments.
Online wallet and offline wallet, both are very good but at their own places. Like you said, I think it all depends on your own planning. If you are planning for day trade, then you have to go for online wallet. On the other hand, if you are going for long term investment or even holding of Bitcoins, then there is no need of online wallet.
salihno71
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September 30, 2017, 09:46:39 PM
 #305

It depends on how much you have and if you want to hold or spend it. For a long term holding, offline is definitely better solution. If you want to spend it, online is the way to go. Here you have some comparation between some of the most popular wallets https://www.cryptocompare.com/wallets/#/overview
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October 02, 2017, 11:03:48 AM
 #306

offline wallets are very useful when people will buying stuffs near to house. now in so many country's people don't know anything about online wallets. we are not able to buy all the stuffs from online wallet but offline wallet is not like that people can buy anywhere anything with offline wallet so offline wallet is better. online wallet is very useful when the money transaction happen and  online investments and some stuffs also can buy..
The online and offline wallets discussed here are about bitcoins. And we cannot actually use offline wallet to purchase any commodity but they are used to store your bitcoins.
Offline wallets are safe to use and have 0 risk so most of the huge investors prefer storing their coins into a offline wallet but if you have some small amount coins then surely you can store them in any good trustable online wallet.

There are a number of online wallets which are used for storing coins. Online wallets are easy to use and also are updated to the internet. But also online wallets have high risky because f low security.

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gesdan
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October 02, 2017, 11:06:47 AM
 #307

the best wallet right now is offline wallet, because you will not got scammed because all of your bitcoin is saved in you computer, the problem is if you pc broken or got some viruses on it, i think offline wallets and online wallets has advantages and disadvantages 

UchihaRukawa
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October 02, 2017, 11:18:37 AM
 #308

For me there are both pros and con in choosing between offline and online wallet, everybody is saying that offline wallets are safer but I say, once you loose your keys your done! Unlike online wallets. The problem in online wallet is that its prone to hackers. So you can just choose whatever storage you prefer.

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October 02, 2017, 11:33:40 AM
 #309

If you want the security you can use an offline wallet. You cannot be hack there. If you want to connect your wallet everywhere you can use online wallet. Online wallets are easy to use.
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October 02, 2017, 11:46:49 AM
 #310

I think the offline wallet is safe and not too risky because you can save your bitcoin in the wallet offline and we can do anything we like with it and we just need to secure it from the thief in your place and you do not have to worry about working offline because the offline wallet very easy to use and you only need security to hold your bitcoin amount in a long time
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October 02, 2017, 12:03:06 PM
 #311

for in terms of possible security between wallet offline with online wallet in my opinion more secure wallet offline,
because the rate of occurrence of phishing does not exist but that should be aware of is hardware malfunction

bob123
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October 02, 2017, 12:16:00 PM
 #312

I would strongly recommend offline wallets. With online wallets your bitcoins are owned by Service Provider and you just get access to them. Like a bank Account. Just on the Internet.
With offline wallets you own the private keys of your bitcoins yourself. In this case you are Safe from Hacks or exit scams regarding online wallet provider.

Javathon
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October 02, 2017, 12:19:19 PM
 #313

Offline wallet is safer. It is also easier to manage and very flexible like you can change the receiving address anytime. I would recommend using electrum wallet, it is compatible with multiple operating systems and the best security.
valentin68
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October 02, 2017, 12:23:32 PM
 #314

I prefer to use the online wallets. I am using the blockchain wallet and the coinbase wallet. My preference for online wallets comes from the fact that you can have your bitcoins where ever you are in this world, and you can buy or sell goods with your bitcoin from all computers. If you have your bitcoin in a local wallet (like electrum) on your PC then you must take your PC with you when you travel which is not possible sometimes. However when they are stored in a local wallet, the bitcoins are physically yours.
There is a 3rd possibility I consider, having the bitcoins in a hardware wallet, if I'll ever have sufficient bitcoins, then I'll buy myself a hardware wallet.
Shamie1002
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October 02, 2017, 12:32:22 PM
 #315

I will choose both, it is upon the user's use. If the user is using an amount of bitcoin in trading and other transactions needed to earn then it will be effective by using online wallets. But if you will be just holding big amount of  bitcoins then store it in a hard wallet, regrets will never give your bitcoins back. If you doubt security for your bitcoins then use offline wallets.
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October 02, 2017, 12:33:42 PM
 #316

when using the AdWords wallet should work well and not disappoint its users?
malboroman
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October 02, 2017, 12:34:08 PM
 #317

Prefer do offline for the security for large sums and online for small daily operations
MostHigh
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October 02, 2017, 12:39:29 PM
 #318

Off line wallet is the best and you need to generate it well that will do a lot of good. The on line wallet is susceptible to more attacks since you are connected to the worldwide web.
xBitHodler
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October 02, 2017, 12:42:59 PM
 #319

Offline wallets are the best ones. However they are expensive (if we are talking about hardware wallets) and are less convenient. Keeping your Bitcoin in many different places is a really good idea in case something bad happens.
amandavsc
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October 02, 2017, 12:44:35 PM
 #320

when you use web wallets you don´t have control of your coins. offline wallet is safer, online wallet is for small amount
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