NittyBitty (OP)
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August 07, 2011, 05:14:59 PM |
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So I was going to use mybitcoin (following the crowed), however it got hacked recently. The question is what wallet is the most popular after mybitcoin is gone?
Are there any wallet that stands out from a security perspective? Like hushmail is a more secure email provider then hotmail...
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ultrarun
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August 07, 2011, 05:31:48 PM |
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if this would have happened to me (mybitcoin) , I would start using a local wallet, encrypt it, save (usb, cd) but don't let anyone else make promises. after mtgox, mybitcoin and the polish exchange I feel insecure what matters sufficient security needed to handle my money.
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NittyBitty (OP)
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August 08, 2011, 12:46:41 AM |
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if this would have happened to me (mybitcoin) , I would start using a local wallet, encrypt it, save (usb, cd) but don't let anyone else make promises. after mtgox, mybitcoin and the polish exchange I feel insecure what matters sufficient security needed to handle my money.
And when the trojans and keyloggers snatches your key, then what do you do? For me bitcoin would just be a payment system, not a bank replacement and I do think there will be safe ewallets in the future like many other e-currencies out there. Hopefully such exists already today, but I haven't seen anyone standing out (yet). Most of them looks like new hobby projects.
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NothinG
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August 08, 2011, 01:38:42 AM |
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If you get infected with a wallet stealer, don't you think the hackers would have the decency to ALSO steal your passwords?
That's like breaking into someones house stealing the keys to their car but nothing else (ex: Car, Money...etc).
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Stephen Gornick
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August 08, 2011, 10:09:15 AM |
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Are there any wallet that stands out from a security perspective? Here's the list of eWallet providers. - http://en.bitcoin.it/wiki/Category:EWalletsMost exchanges can be used as EWallets, though there are reasons why not to do so. Those with multi-factor authentication (e.g., Mt. Gox's YubiKey, TradeHill's DuoSecurity and Camp BX's SMS Text) would be among the most secure against identity theft. One EWallet WalletBit uses what they describe as "secure card" as the method to help prevent unauthorized spend transactions. - http://en.bitcoin.it/wiki/WalletBit
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NittyBitty (OP)
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August 17, 2011, 12:26:02 AM |
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One EWallet WalletBit uses what they describe as "secure card" as the method to help prevent unauthorized spend transactions.
Walletbit looks like a serious project, thanks for the tips.
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Bananington
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August 17, 2011, 12:35:18 AM |
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So I was going to use mybitcoin (following the crowed), however it got hacked recently. The question is what wallet is the most popular after mybitcoin is gone?
Are there any wallet that stands out from a security perspective? Like hushmail is a more secure email provider then hotmail...
I HIGHLY suggest http://www.flexcoin.com/. I use them and I recommend it to all of my customers.
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nmat
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August 17, 2011, 12:45:21 AM |
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I deposited some coins there too. They seem nice, but they charge 0.01BTC or 0.5% (whichever is greater) for withdrawals. How much do these services usually cost? And also, why do you think it is not a good idea to use an exchange? It is usually free to deposit/withdraw bitcoins at exchanges.
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N.Olmos
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August 18, 2011, 03:24:35 AM Last edit: August 18, 2011, 04:46:16 AM by N.Olmos |
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Hi NittyBitty Use www.exchangebitcoins.comOpen Account. FREE Deposit Bitcoins Bitcoin deposits appear in your account automatically after 6 confirmations. FREE Withdraw BTC Bitcoin withdrawals are sent automatically within 1 minute. FREE If your in the USA Deposit Cash at a Local Bank Branch Cash deposits can be made at any of over 15,000 Chase or Wells Fargo branches. You can deposit from $5 to $2,000 per day. There is a deposit fee of the higher of $1 or 1% of your deposit. Email copy of reciept and your account credited in a few minutes. ExchangeBitcoins charges a 0.54% fee for each completed trade. Peace, n.olmos
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plogank
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August 18, 2011, 03:49:47 AM |
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Hi NittyBitty Use www.exchangebitcoins.comOpen Account. FREE Deposit Bitcoins Bitcoin deposits appear in your account automatically after 6 confirmations. FREE Withdraw BTC Bitcoin withdrawals are sent automatically within 1 minute. FREE If your in the USA Deposit Cash at a Local Bank Branch Cash deposits can be made at any of over 15,000 Chase or Wells Fargo branches. You can deposit from $5 to $2,000 per day. There is a deposit fee of the higher of $1 or 1% of your deposit. Email copy of reciept and your account credited in a few minutes. ExchangeBitcoins charges a 0.54% fee for each completed trade. Peace, n.omos I'm going to make a deposit tomorrow at the local Chase branch and see what happens. I've already opened an account. This exchange isn't as active as some but a lot easier to use considering the ability to deposit in a local bank.
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If you like this post a donation would be nice.... 1PhCzA9o1jcwHr7PR4mxea8nJYUJWpKAGb
Besides, It'll drive me crazy trying to figure where it came from.
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N.Olmos
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August 18, 2011, 04:38:12 AM Last edit: August 18, 2011, 08:09:38 PM by N.Olmos |
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Hi plogank,
I already made two deposits.
Open account. Go to Deposit tab. Make Cash Deposit order. Print or Copy bank account info. Go to the bank. Complete bank deposit slip. Give cash to cashier. (No name/ID required) Get receipt. Copy receipt. Email receipt. Cash credited to account. Buy bitcoins. Done!
It took less than 5 minutes to get credit after I emailed a copy of my receipt. It works great.
All other deposit and withdraw options look great too!
They are fourth in USD volume but offer a great option to get into bitcoin without the risk of scammers.
Peace, nolmos
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plogank
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August 18, 2011, 05:03:35 AM |
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Hi plogank,
I already made two deposits.
Open account. Go to Deposit tab. Make Cash Deposit order. Print or Copy bank account info. Go to the bank. Complete bank deposit slip. Give cash to cashier. (No name/ID required) Get receipt. Copy receipt. Email receipt. Cash credited to account. Buy bitcoins. Done!
It took less than 5 minutes to get credit after I emailed a copy of my receipt. It works great.
All other deposit and withdraw option look great too!
They are fourth in USD volume but offer a great option to get into bitcoin without the risk of scammers.
Peace, nolmos
I'm going to make a small deposit tomorrow and see if it works, then a larger one in a day or so. I'll let everyone know how it checks out here. I may not know what I'm doing but at least I'm slow. LOL
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If you like this post a donation would be nice.... 1PhCzA9o1jcwHr7PR4mxea8nJYUJWpKAGb
Besides, It'll drive me crazy trying to figure where it came from.
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N.Olmos
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August 18, 2011, 05:14:29 AM |
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Hi plogank,
That's what I did. Remember: "Slow is fast and fast is slow."
Peace, nolmos
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helloworld
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August 18, 2011, 07:10:30 AM |
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I suppose for a wallet service to be really useful it would be best if it had the most customers, because then it's more likely you can do free user to user transactions internally to the wallet service.
So it would be interesting to know the market share of each.
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rannici
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August 18, 2011, 03:17:49 PM |
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i got screwed out of 10 bitcoins using mybitcoin.com when it went down, and the 'claims' form doesn't seem to recognize my account.
since then i've been using bit-bank.org, but that walletbit.com looks much more professional, so i'm switching to that. thanks for the recommendation.
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plogank
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August 18, 2011, 07:59:10 PM |
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This morning I made a small deposit to ExchB using a local bank. A few minutes later I scanned a copy of the receipt and emailed it to them as required. It took a little over an hour but now I have the funds in my account and have made my first bid.
It was easy.
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If you like this post a donation would be nice.... 1PhCzA9o1jcwHr7PR4mxea8nJYUJWpKAGb
Besides, It'll drive me crazy trying to figure where it came from.
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Raoul Duke
aka psy
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August 18, 2011, 08:08:38 PM |
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I recommend WalletBit also.
And I know they are trying hard to be a quality and secure service.
They can only get better with customers and feedback.
I use them to process Bitcoin payments in a downloads shop i worked on. Haven't got much payments so far, but until now all went smoothly.
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nmat
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August 18, 2011, 08:42:33 PM |
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Why isn't it a good idea to keep the money at an exchange? CampBX, for example, just announced some cool features if you want to use it as an e-wallet. They have an API so someone could even write a custom client that doesn't take any disk space and just uses CampBX as a backend to process transactions.
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Gabi
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If you want to walk on water, get out of the boat
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August 18, 2011, 08:53:19 PM |
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Look, people asking for info on how to lose their BTC! Why isn't it a good idea to keep the money at an exchange? Oh i dunno... maybe... mybticoins? bitomat?
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