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Author Topic: What are the fees for  (Read 1061 times)
Itun
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December 01, 2013, 01:32:33 PM
 #21

Actually, I take it back, in my last transaction, I didn't pay a fee which I saw that as weird.

Maybe they do pay the fee for their customers.

I think of Coinbase as one of the more secure online wallets for btc.
Blockchain.info is the most secure, since the Blockchain.info doesn't hold your private keys. Well either way, it's best not to use a online wallet when you are handling large amounts of Bitcoins since it's not worth the risk.

Yeah it is.

But i do think that coinbase earned a bit of reputation for trust (although it apparently is difficult to buy btc).
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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nahtnam
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December 03, 2013, 12:50:13 AM
 #22

Actually, I take it back, in my last transaction, I didn't pay a fee which I saw that as weird.

Maybe they do pay the fee for their customers.

I think of Coinbase as one of the more secure online wallets for btc.
Blockchain.info is the most secure, since the Blockchain.info doesn't hold your private keys. Well either way, it's best not to use a online wallet when you are handling large amounts of Bitcoins since it's not worth the risk.

Yeah it is.

But i do think that coinbase earned a bit of reputation for trust (although it apparently is difficult to buy btc).

It is very easy to buy from coinbase.

nahtnam
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December 03, 2013, 12:50:42 AM
 #23

Actually, I take it back, in my last transaction, I didn't pay a fee which I saw that as weird.

Maybe they do pay the fee for their customers.

I think of Coinbase as one of the more secure online wallets for btc.

Ya. 2 things I want to say. First, they only pay the fees for transactions over 0.001. Second, it is as secure as you want it to be. If you want you can enable two factor and make sure you phone never goes out of sight. You can make sure that "remember me" isnt checked, etc. The safest you can get is paperwallets.

Xenoph0bia
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December 03, 2013, 01:12:18 AM
 #24

Actually, I take it back, in my last transaction, I didn't pay a fee which I saw that as weird.

Maybe they do pay the fee for their customers.

I think of Coinbase as one of the more secure online wallets for btc.
Blockchain.info is the most secure, since the Blockchain.info doesn't hold your private keys. Well either way, it's best not to use a online wallet when you are handling large amounts of Bitcoins since it's not worth the risk.

For large amounts of Bitcoins use paper wallets or armory offline. Keep only small amounts of Bitcoins for everyday use at hot wallets like Blockchain.info, but Bitcoin client on your comp would be better
nahtnam
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December 03, 2013, 01:19:30 AM
 #25

Actually, I take it back, in my last transaction, I didn't pay a fee which I saw that as weird.

Maybe they do pay the fee for their customers.

I think of Coinbase as one of the more secure online wallets for btc.
Blockchain.info is the most secure, since the Blockchain.info doesn't hold your private keys. Well either way, it's best not to use a online wallet when you are handling large amounts of Bitcoins since it's not worth the risk.

For large amounts of Bitcoins use paper wallets or armory offline. Keep only small amounts of Bitcoins for everyday use at hot wallets like Blockchain.info, but Bitcoin client on your comp would be better

Yes. BTW, the best way to get a paperwallet is through paperwallets.org.

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