Safest wallet

[bitsmichel]

Blockchain.info is great for beginners as you dont have to download the entire blockchain which is annoying at first.

I would not recommend blockchain for newbies. They would likely not understand the importance of strong passwords. As if you try to login three or four times to your yahoo account you will be forced to use captsha before you try again, slowing you down, and after enough attempts you will be locked out for x amount of time. With blockchain passwords you can try an unlimited number of times without limit and can try a password without a connection to the internet.

Multibit and/or coinbase are better options for newbies as they offer a better amount of security for someone with the above amount of knowledge   

The problem with Coinbase is that you have no control of the private keys (and hence the bitcoin).
Of course you must be thinking that Coinbase is a huge company and you could trust it.
Well, mtgox was the biggest and most sucessful bitcoin exchange, once upon a time...

+1 You want control over your private keys, because they are used to transfer money. That is why a desktop wallet is much much better, you are in control of your bitcoins.

[Justin00]

download virtualbox or vmware.
Install linux.
Install bitcoin-qt or any client.

do not download any email attachments that randomly say you have been given or won XX bitcoins.

??

profit

[chaosPT]

Cold storage / offline wallet which are the best to store but if you are saying online wallet every one use blockchain

They don store you private key and you can set a lot security on the wallet .

[DolanDuck]

download virtualbox or vmware.
Install linux.
Install bitcoin-qt or any client.

do not download any email attachments that randomly say you have been given or won XX bitcoins.

??

profit

And one day you wake up with your empty wallet 
Don't use internet in the same pc/virtual machine in which you have the btc wallet if you want to be safer.

https://en.bitcoin.it/wiki/How_to_set_up_a_secure_offline_savings_wallet

[btcticker.com]

Offline Electrum is my favorite.

[gondel]

Not sure if here is the place to ask, but i am using multibit and i think it is safe enough .. Is there any disadvantages if using such wallet? It is password protected and easy to use, i never used different wallet before. Any suggestions?
Thanks!
BR
Gondel

[CEG5952]

Whatever you do, don't conflate 3rd party "wallets" like Coinbase with real bitcoin wallets. If you aren't the sole owner of those private keys -- you don't control the bitcoins.

[Harley997]

Blockchain.info is great for beginners as you dont have to download the entire blockchain which is annoying at first.

I would not recommend blockchain for newbies. They would likely not understand the importance of strong passwords. As if you try to login three or four times to your yahoo account you will be forced to use captsha before you try again, slowing you down, and after enough attempts you will be locked out for x amount of time. With blockchain passwords you can try an unlimited number of times without limit and can try a password without a connection to the internet.

Multibit and/or coinbase are better options for newbies as they offer a better amount of security for someone with the above amount of knowledge   

The problem with Coinbase is that you have no control of the private keys (and hence the bitcoin).
Of course you must be thinking that Coinbase is a huge company and you could trust it.
Well, mtgox was the biggest and most sucessful bitcoin exchange, once upon a time...

There is some evidence that coinbase is financially sound.

Unless you fall from a phishing attack you will likely not have your coins stolen from coinbase.

Once a user gets more comfortable with the concept of bitcoin and how "bitcoin passwords" work then they might want to "upgrade" to a wallet where they control their keys.

You could think of holding your coins at coinbase as using bitcoin with training wheels.

[Gianluca95]

Safest wallet is that wallet which not communicate with web, so offline wallet.

If you've much quantities of Bitcoin, use paper wallet, protect your bitcoin 

[CounterStrike]

Bitcoin-qt is the safest wallet but the biggest wallet.

[gondel]

Just want to ask which wallet is the safest to store my BTC on?

Any suggestions, please.

As I know and was advised the paper wallet is the safest way to keep your coins. Althought I am using Multibit and for now i dont have big problems with it. I got some unconfirmed transactions with it, but nothing lost for now. Ensure yourself with very strong password!
BR
Gondel

[Chavez]

I really like blocklchain.info. It seems to be the safest and easiest for newbs.

[Light]

I really like blocklchain.info. It seems to be the safest and easiest for newbs.

Yeah, no. To anyone reading this the primary source of lost coins in the past has been people who have stored them in online sites and services that have subsequently stolen them from users. While Blockchain seems to be a good idea with its released source you have no means of ensuring that the source is the same as that of what they implement or that no one has hijacked the site. Please look at cold storage if you want a safe solution.

[joshraban76]

There is nothing called "safest".

Any wallet can still be hacked or cracked, it depends on how vulnerable your mind is.

[Harley997]

I really like blocklchain.info. It seems to be the safest and easiest for newbs.

Yeah, no. To anyone reading this the primary source of lost coins in the past has been people who have stored them in online sites and services that have subsequently stolen them from users. While Blockchain seems to be a good idea with its released source you have no means of ensuring that the source is the same as that of what they implement or that no one has hijacked the site. Please look at cold storage if you want a safe solution.

There is almost always a phishing site on google adwords pretending to be the blockchain.info website.

[Lamigo]

There is nothing called "safest".

Any wallet can still be hacked or cracked, it depends on how vulnerable your mind is.

Still, some are more vulnerable than the others.
For example, blockchain.info is better than coinbase, as you don't need to worry about the site vanishing.
Similarly, offline wallets (created correctly) are better than online wallets, as you don't need to worry about keylogger and hacking.

[blablaace]

i would recommend you Electrum or Multybit

[Harley997]

There is nothing called "safest".

Any wallet can still be hacked or cracked, it depends on how vulnerable your mind is.

Still, some are more vulnerable than the others.
For example, blockchain.info is better than coinbase, as you don't need to worry about the site vanishing.
Similarly, offline wallets (created correctly) are better than online wallets, as you don't need to worry about keylogger and hacking.

Web wallets are only better then others in one specific person's eyes. They have different risks but they all have risks.

[ranochigo]

There is nothing called "safest".

Any wallet can still be hacked or cracked, it depends on how vulnerable your mind is.

Still, some are more vulnerable than the others.
For example, blockchain.info is better than coinbase, as you don't need to worry about the site vanishing.
Similarly, offline wallets (created correctly) are better than online wallets, as you don't need to worry about keylogger and hacking.

Offline wallet isn't 100% foolproof. Yes, they are more secure than any other method. But, if the device that generated the offline wallet have problems with the RNG like what happened to android last time, you can also be hacked. It may not happen but you still have to pay attention to the bitcoin news and move your bitcoin if your wallet had vulnerabilities.

[Lamigo]

There is nothing called "safest".

Any wallet can still be hacked or cracked, it depends on how vulnerable your mind is.

Still, some are more vulnerable than the others.
For example, blockchain.info is better than coinbase, as you don't need to worry about the site vanishing.
Similarly, offline wallets (created correctly) are better than online wallets, as you don't need to worry about keylogger and hacking.

Offline wallet isn't 100% foolproof. Yes, they are more secure than any other method. But, if the device that generated the offline wallet have problems with the RNG like what happened to android last time, you can also be hacked. It may not happen but you still have to pay attention to the bitcoin news and move your bitcoin if your wallet had vulnerabilities.

Yes, and so I have emphasized the offline wallets need to be created correctly.

Regarding the safety, a paper wallet generated with internet connection would be completely different from a paper wallet generated without internet connection.