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gesdan
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August 16, 2017, 09:08:30 AM |
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wallet that i use? hmm,, im using many wallet
1. blockchain very easy to use and light
2. xapo i use xapo because xapo has android application
3. bitcoin.co.id, very easy bitcoin.co.id has exchanger too
that is all my wallet that i use save my bitcoin
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Trailnan
Newbie
 Offline
Activity: 1
Merit: 0
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August 16, 2017, 09:16:39 AM |
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Blockchain and Mycelium for light suff.
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pikebu
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August 16, 2017, 09:21:09 AM |
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Which one suits you the most?
I used jaxx, it is the most suits due to except can be used for bitcoins, jaxx also can be used for the altcoins like ethereum, ethereum classic, golem, litecoin, dashcoin, augur, dogecoin, Civic, gnosis, iconomi, blockchain capital and other. It is very suitable, easy to be used, secure, simple for me due to one application can saves many altcoins and jaxx can be used on smartphone devices. https://jaxx.io/ |
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FrankNoland
Copper Member
Sr. Member
Offline
Activity: 560
Merit: 253
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August 16, 2017, 09:22:16 AM |
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I am using blockchain.info store my bitcoins, I also use coinbase for ethereum, cryptonator for storing some of my altcoins and finally nano/depotwallet to my xem and dimcoin.
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Digital asset exchange for settlement, clearing, custody and trading of various digital assets, utilizing distributed ledger technologies, programmed on the blockchain -https://bex.global
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raymart0720
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August 16, 2017, 09:23:03 AM |
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i used COINSPH easy to use and yet secured here in Philippines  |
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joseafonso123az
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August 16, 2017, 09:25:57 AM |
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I am using electrum wallet to store my bitcoins, and exodus to store ethereum and some other altcoins. Use this both because I have control on the private keys in these wallets.
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13abyknight
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August 16, 2017, 09:32:06 AM |
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I always stick to use online wallets so I've been using blockchain from 3 years and now. I also used to use inputs.io which was an excellent wallet back then until it got hacked and I lost around $100 in BTC due to the hack. Thankfully blockchain is the only online wallet I trust and use after that incident.
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bitcoinjames6
Newbie
Offline
Activity: 47
Merit: 0
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August 16, 2017, 02:48:10 PM |
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I'm sure someone else has left a similar post to mine below somewhere along the line in this thread, but since it is a pretty long thread on a very important topic, I would imagine some readers will find this helpful.
This is my personal approach, there are other ways to go of course.
So, it seems that lots of the YouTube videos and research that I have done boil down to a few main principles.
- If you are going to hold on an exchange, only hold what you are willing to lose. That said, I have never had any issues holding some crypto on Coinbase and Kraken. I had some crypto on Coinbase for some time while I waited for my hardware wallet and never had any issues. I have a very low amount (next to nothing) on Kraken and that has never been an issue. Nonetheless, it seems best to not hold on an exchange.
Assuming that you are not going to hold anything on an exchange, it gets down to a couple points:
1) For larger amounts (which will be relative for each person) - make sure to hold on cold storage. I personally use the Ledger Nano S. I have heard great things about the Trezor as well. I checked YouTube for a Trezor set up video and it is quite similar to the Ledger Nano S. The single most important point thought is to make sure you BACK UP YOUR RECOVERY PHRASE!! This involves at least writing it down on the card provided. I made sure to make a copy of the backup and place it in a different location (so I have two backups that are separated from each other). If you are holding a large amount then it might be worth considering a safety deposit box at a bank. As you will no doubt learn, the recovery phrase is by far the most important item in your cold storage. If you lose break, damage, or have your Ledger Nano S stolen then you can set up a new Ledger Nano S device with your recovery phrase.
2) I am holding crypto for the long term so I don't really do this next point, but it makes sense. Basically, if you want to have access to crypto on the go, then hold some in a wallet on your phone. I have heard people say that you should carry an amount on your phone that is about what you would hold in a traditional wallet and therefore be willing to lose. But I would argue that a good crypto wallet is way more secure than a normal wallet - someone has to really know what they are looking for if they find your lost phone on the ground in order to get your crypto - and even then, there would have to be no security measures in place on the user's part.
So if you choose to hold some crypto on a wallet on your phone, I have had a good experience with CoPay. This app is great because you can set a code/fingerprint to get into the app, then you can also set up a transaction authentication requirement. I would suggest each of these. Setting up a transaction authentication is great because it requires you to enter your password for sending crypto anywhere (even to yourself). Once again though - make sure to get a backup phrase set up - this is in the settings tab. Again - WRITE THIS DOWN. That way if your phone is lost or broken you can download the CoPay app, then enter the backup phrase to recover the wallet on your new phone.
Sorry for the long message - but I hope this helps. As I said, this is my experience - there are other ways to do things too of course with approaches such as desktop wallets, paper wallets, etc.
Thanks for this one. I think all points are valid and we are almost identical in the way we handle our coins. but instead of Copay i have used mycelium and coinomi but as you described CoPay I will check that one also. Each wallet has each own features so we need to choose one that will suit out taste. Glad you found this helpful. I am pretty much summarizing different points that I have come across, so it seems like a good overall approach. But as you were saying, there are alternatives to Copay. Another one that I used for awhile was Jaxx |
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pekingcoepo
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August 16, 2017, 06:44:17 PM |
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Currently I use blockchain, because the security level is very good, the cost for the transaction is also quite cheap, and of course the transaction is fast. Maybe I will use it for a long time and hopefully blockchain remains like this.
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FLoving
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August 17, 2017, 09:33:21 PM |
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Wallets I am using:
Blockchain
DeepOnion
Qoinpro
Ethereum
LocalBitcoins
I think that is all... Maybe missing a few.
Do you use all these wallets at a time? I mean how you manage all this, I barely feel my self-tired when I started using 2 wallets, so I just leave the other and know I just use one wallet, because it is very easy to find deal from that wallet. By the way Which one is the better wallet from those you mention above, tell me with your personal experience, if I will go one of them? |
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AMHURSICKUS
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August 18, 2017, 01:34:18 PM |
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I am using coins.ph, because my friend told me that this wallet is the only wallet that is secured here in the philippines. Easy to use and easy to understand.
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blue_dragon
Full Member
Offline
Activity: 251
Merit: 100
Powered by Artificial Intelligence & Human Experts
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August 18, 2017, 01:38:11 PM |
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Which one suits you the most?
I prefer to use Coins.ph Wallet as the other Filipino Bitcoin user said it is one of the safest wallet in our country. It is easy to used and I am sure that my money is secure. Additionally, it gives some infos that help me to understand all of its function. |
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yurekaa
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August 18, 2017, 01:43:31 PM |
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my friend suggest me mycellium, and now i use it (many people use it too)
i searching this wallet and it one of other wallet that recommended to use.
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Lady Coquet
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August 18, 2017, 02:19:06 PM |
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I only used coins.ph. as what i know its the only trusted btc wallet here in philippines.
Coins.ph is a online wallet that we use here in the Philippines because it is very safe to store your bitcoins or money here and it is has a very fast transaction. The other wallet that i use to store my bitcoins is blockchain i know everybody use this because it is one of the best wallet. |
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pepoaly007
Member
Offline
Activity: 95
Merit: 10
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August 18, 2017, 07:16:14 PM |
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for which coin u waana the wallet any way i am using blockchain and coinpaymet
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Babyrica0226
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August 22, 2017, 02:12:14 PM |
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Which one suits you the most?
So far I am using Electrum wallet, with this things I feel comfortable for it for a couple of months using it. I don't see any problem that I encounter on this matter. But there other wallet where it is also trusted to use check this one http://atozforex.com/news/top-10-bitcoin-wallets-2017/ |
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Vishnu.Reang
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August 22, 2017, 02:13:54 PM |
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Right now I am storing most of my Bitcoins in a Blockchain.info online wallet. My Bitcoin Cash coins are in BitcoinABC wallet. The remaining altcoins are on various exchange wallets (mostly Bittrex and Cryptopia).
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Mykill101691
Member
Offline
Activity: 109
Merit: 10
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August 22, 2017, 02:21:47 PM |
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I also use coins.ph and xapo
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CrypTrends
Newbie
Offline
Activity: 44
Merit: 0
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August 22, 2017, 02:32:26 PM |
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i use exodous and also have paper wallet that i recommend to use just in case something bad happened  |
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bitfornewbs
Member
Offline
Activity: 168
Merit: 10
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August 22, 2017, 02:39:32 PM |
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What suits me the most is the wallet of coins.ph. Very User friendly and I think it is the only most trusted wallets here in my country. Well, I read some topics about what's the best wallet but what really is important is that you like it as long as it is secured and good to use. For now, Ill stick with coins.ph Hope you find what suits you the best. |
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