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Author Topic: Is online bitcoin wallet safe  (Read 2328 times)
chandrakant
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October 09, 2013, 07:32:56 PM
 #1

Hello guys  Grin

I wanted to know if making online bitcoin wallet is safe or not?
I have just setup an account in blockchain.info & was planning to buy some bitcoin.

So should i proceed?
Also i am from India. So which is the best site to buy bitcoin directly using INR (Indian Rupees).
BTW i was planning to buy from buysellbitco.in

Please recommend if there is another more trusted site.
Thanks Wink
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There are several different types of Bitcoin clients. Hybrid server-assisted clients like Electrum get a lot of their network information from centralized servers, but they also check the server's results using blockchain header data. This is perhaps somewhat more secure than either server-assisted clients or header-only clients.
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HyperBeam
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October 09, 2013, 07:39:07 PM
 #2

Yes, online wallets are usually safe.
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October 09, 2013, 07:57:25 PM
 #3

You made good choice, blockchain.info is safest online wallet I believe. If you plan not touch the Bitcoins for long time, learn to use paper wallets though

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InfinityMiners
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October 09, 2013, 08:06:03 PM
 #4

sure go ahead with blockchain.info its secured!!
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October 09, 2013, 08:10:35 PM
 #5

blockchain.info is as safe as your e-mail account. better check that too.

reason is, I've seen some people lose their coins due to insecure mail account. you'll receive a backup of your wallet by mail from blockchain.info.

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October 09, 2013, 08:10:48 PM
 #6

Never heard about buysellbitco.in

Try look at
https://localbitcoins.com/  
If there is some seller in India


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October 09, 2013, 08:18:30 PM
 #7

blockchain.info is generally considered safe. But you might want to be a little more nuanced in your understanding. I would not want to keep more than a few hundred dollars worth in an online wallet. Why?
The website owners could steal or loose your coins. They might get robbed and you will have no real legal recourse. A thief might target your account and find it easier than targeting the coins in your possession.
I keep a few in an online wallet for spending from a cell phone, but the bulk of my bit-wealth never sees the sun. I keep it backed up and secured in a safe deposit box. No one can keep them as safe as I can. Maybe that is true for you as well?

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October 09, 2013, 08:19:48 PM
 #8

It depends on you. if you make sure your computer and web is secure yes you are safe.
greyhawk
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October 09, 2013, 08:20:42 PM
 #9

Yes, online wallets are usually safe.


chandrakant
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October 09, 2013, 08:29:42 PM
 #10

Thanks for fast reply guys Wink

@favdesu
I have changed my email password to a more secured one. Also i have downloaded the wallet backup & deleted that mail.

@kolesozw
When i search bitcoin india i get first suggestion as buysellbitco.in so i thought it must be a trusted one.
Anyways thanks for suggestion. I will try localbitcoins.com

@RodeoX
Ya i was afraid of that only so i was asking. Anyways as you suggested i will be keeping only few bitcoins in online wallet.

@DodoB
Yup i always see if my session is secure especially when doing monetary transactions. About my pc, well i use kaspersky internet security 2013 so i am quite sure my pc is safe.
totemITnow
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October 09, 2013, 08:34:57 PM
 #11

About my pc, well i use kaspersky internet security 2013 so i am quite sure my pc is safe.





Sorry, could not resist...

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October 09, 2013, 08:37:13 PM
 #12

In case you didn't know, there is an India sub-forum

https://bitcointalk.org/index.php?board=89.0

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October 09, 2013, 08:40:04 PM
 #13

About my pc, well i use kaspersky internet security 2013 so i am quite sure my pc is safe.





Sorry, could not resist...
Couldn't have said it better myself.

chandrakant
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October 09, 2013, 08:41:43 PM
 #14

@totemITnow
Isn't kaspersky good  Huh

@The Bitcoin Catalog
Thanks for telling. Actually i thought i can post only in newbie section so i asked my doubt here.
bitcoin44me
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October 09, 2013, 08:59:15 PM
 #15

Yes, online wallets are usually safe.

Yes, with 2FA on Smiley

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totemITnow
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October 09, 2013, 09:13:55 PM
 #16

@totemITnow
Isn't kaspersky good  Huh

It is as good as other AVs. But you must understand it protect only against common and least sophisticated threads. Browse only trusted sites and do not install more than trusted apps and there is high likelihood your bitcoins will be safe. Just dont trust your AV will save you

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October 09, 2013, 09:23:36 PM
 #17

You should know how to protect yourself Smiley
For example : i don't have any AV and i assume my computer is safe Wink
AV will not make your computer 100% secure Smiley

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