Safest Wallet?

[jmiles337]

I currently use blockchain.info, but was considering switching to multibit or electrum because, in my opinion, it is easier to get spyware than a virus. Thoughts?

[ixobelle]

i have a sandboxed VM with all the wallet clients on it.

[fooloflife]

online wallets are a bad idea except for temporary storage

[totoro15]

blockchain is good!

[deangreen]

Can anyone comment on coinbase as wallet?
Heard some not so great rumors.

[BTCOTC]

Co-ask!

[odolvlobo]

Can anyone comment on coinbase as wallet?
Heard some not so great rumors.

It is never safe to use somebody else's wallet. If you store your bitcoins in (for example) Coinbase's wallet, you will lose them if it is hacked, or if the site goes down, or if they spend them. This happens several times a year, yet people never learn.

[hashp2p]

Unless I am actively trading that particular currency, I keep all of my coins locally on a dedicated machine with an offline backup. I've heard too many stories of people using online wallets with companies that simply poof overnight.

[DannyHamilton]

Can anyone comment on coinbase as wallet?
Heard some not so great rumors.

Coinbase bitcoin storage is not a "Wallet".  It is an unregulated, uninsured, unaudited, bitcoin bank account.

A wallet provides you with control of the private keys associated with the addresses.  This control allows you to backup your private keys, and therefore create transactions even if the original wallet is lost, seized, or eliminated.

Unless they've changed their business model since the last time I looked, Coinbase does not give you any access to the private keys associated with any of the bitcoin addresses on the website.

[cryptoprime]

Safest wallet imo = BIP38 Encrypted Paper Wallet
https://www.bitaddress.org

[EarthCoinOne]

blockchain is good!

online wallets are never good! use only offline ones

[kostja]

online wallets are never good! use only offline ones

That protect not from phishing, if you connect it to internet some time.

[torusJKL]

online wallets are never good! use only offline ones

That protect not from phishing, if you connect it to internet some time.

You could have a wallet on a computer you never connect to the internet.
Sign the transaction on that offline PC and then send the signed message using a different PC.

You can do this with Electrum and Armory.

[Smileyftw]

How to do that with Electrum and Armory ?

[hilariousandco]

Wallets are only as safe as you are. Offline wallets are the safest, but Blockchain.info is also pretty reliable. Just set up 2 factor auth and put a second password on to spend funds and you should be safe. Use linux too.

[ramptar]

I would zip the wallet files and use password in the zip file to protect it.
I store the files on my old laptop, it only have windows and the wallet. (and anti virus/spyware)
I recommend you to do the same.

[medUSA]

I use blockchain.info at the moment, and would like to find a more secure wallet too.

Currently I am looking at Electrum. It may not be the safest, but I like the fact that I don't need to download the blockchain. It is useful for me as a long term storage, and can access funds quickly when needed to.

[Jcw188]

I like the idea of having the wallet on my computer hard drive so that I'm in total control of it.  When it's an online wallet my feeling is that something can always go wrong because it's out of your control, no matter how safe the online company says it is.

[kostja]

Safest wallet is still a cold storage a hard drive not connected to the internet

Until your Hard Disk not die.

[Twitchdoge]

external usb wallet that is encrypted is quite safe its what i use