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Author Topic: Bitcoin Paper Wallet  (Read 297 times)
PhucS
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June 23, 2018, 10:27:57 AM
 #61

I know the paper wallet is a very secure Bitcoin storage method, which can help the user avoid hacker attacks because the private key is not stored online. However, besides its advantages, it also has many inconveniences. If you regularly use Bitcoin to trade, I think paper wallets do not suit you. Another problem is that when you lose paper wallet, you will not be able to restore the wallet as some hard Trezor wallets or Nano S Ledger. This is just my opinion

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June 23, 2018, 03:54:30 PM
 #62

believe me, there are more absurd actions of many investors, of which 90%. I have heard that many people keep money in projects to earn money, because they are misled, as if it is a purse. I also heard that people keep on the exchange, where they buy bitcoin, etc.I no longer wonder. Just don't think about it. People have to go through their experience to understand how to do the right thing. Otherwise people will not understand

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rosemary4u
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June 26, 2018, 04:59:28 PM
 #63

Paper wallets are not 100% secure and reliable, one can easily lose access to the wallet through several means especially during fire outbreaks and other disasters. I prefer hardware wallets and application based wallets any day.

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June 26, 2018, 05:22:05 PM
 #64

In my opinion, this is not the safest way. It is much safer to split into a lot of small purses and put on each very complex system of protection, or trade them in the market, which is the most advantageous option than a paper purse.

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July 07, 2018, 06:13:46 PM
 #65

I think that people do not keep their bitcoins on a paper purse because they do not understand how to do it. The second reason why people do not use a paper wallet is most likely because of fear of losing it.
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July 07, 2018, 06:25:47 PM
 #66

They are safe, but you need to understand how to create them first and to do not make any mistakes while you are using them /transfering all of your entire balance to there.
For me, it is risky and i prefer to use hardware wallets, at least, for my own safety

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July 08, 2018, 07:17:44 PM
 #67

I did exchange bitcoin but not use paper wallet because i think using wallet in exchange we can do bitcoin trade with the normal wallet with the paper wallet.

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July 10, 2018, 10:08:27 AM
 #68

There are many types of wallets in bitcoin and paper wallets are one of them. But the wallet helps make things simpler
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August 08, 2018, 08:33:08 AM
 #69

I have heard that many people keep money in projects to earn money, because they are misled, as if it is a purse. I also heard that people keep on the exchange, where they buy bitcoin, etc.
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August 08, 2018, 07:25:05 PM
 #70

I think they feel its safer that way or the security is better even the exchange is not even safe you can split them to keep them safe .The wallet to use is the offline paper wallet and it features.I always opt for the offline paper wallet its my best

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August 08, 2018, 11:17:01 PM
 #71

Amongst the current types of digital money archives, it can be said that the wallet used to store Bitcoin is also called extremely secure and secure. Although its durability is not good compared to other wallets, it is still heavily influenced by many communities. A bitcoin wallet is a normal paper, but it stores a copy of the public key and the private key, which makes it a cool wallet.
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August 09, 2018, 02:42:47 AM
 #72

I just wondering why some people don't use paper wallet to secure their bitcoin, Some of them are just putting to the exchanger and trust their funds that no assurance of safety.I don't understand why they did not use the most secure way to keep their bitcoins.

Any Thoughts?

Maybe because they dont want to print the paper wallet ? You can lose your paper wallet if you not careful.
Some peoples decide to leave their coins on exchanges because usually exchange using cold wallet to secure the exchange coins.

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