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Author Topic: Would you buy a hardware wallet?  (Read 24628 times)
ecommerce
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August 14, 2016, 03:44:26 PM
 #221

Hi all,

I am doing some research for a Bitcoin company that is interested with developing a hardware wallet to see if it has a viable market. Trezor has some traction, but perhaps only in the existing Bitcoin community. With things like Multi-sig popping up everywhere, do you think this negates some of the pressing need for Hardware wallets? Interested to hear your thoughts.
Hardware wallet is best if you want to store your coins safely but unless someone has more than 5-10 bitcoins,buying a hardware wallet is not feasible
There are some potential risks if you buy a hardware wallet, such as losing it or even someone stole it.

Both online and hardware wallet  have potential risk of losing your bitcoin into it. Just put up to your mind the most important things to consider to be kept on a safe place like passwords,keys so that incase your account would be lost  you can retrieve it.
But to be hoenst at least about hardware wallets you can ensure that they do not become hacked and you have more control
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August 15, 2016, 01:36:39 AM
 #222

Hi all,

I am doing some research for a Bitcoin company that is interested with developing a hardware wallet to see if it has a viable market. Trezor has some traction, but perhaps only in the existing Bitcoin community. With things like Multi-sig popping up everywhere, do you think this negates some of the pressing need for Hardware wallets? Interested to hear your thoughts.
Hardware wallet is best if you want to store your coins safely but unless someone has more than 5-10 bitcoins,buying a hardware wallet is not feasible
There are some potential risks if you buy a hardware wallet, such as losing it or even someone stole it.

Both online and hardware wallet  have potential risk of losing your bitcoin into it. Just put up to your mind the most important things to consider to be kept on a safe place like passwords,keys so that incase your account would be lost  you can retrieve it.
But to be hoenst at least about hardware wallets you can ensure that they do not become hacked and you have more control

you have a point but remember  hardware wallet  have also risk on losing your bitcoins it might be lost or  corrupted and theres nothing you can do about it.  Agree you have your control on your bitcoin when its in a hardware wallet just make it sure that it is  kept  in a secure place.

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August 15, 2016, 11:18:51 PM
 #223

Hi all,

I am doing some research for a Bitcoin company that is interested with developing a hardware wallet to see if it has a viable market. Trezor has some traction, but perhaps only in the existing Bitcoin community. With things like Multi-sig popping up everywhere, do you think this negates some of the pressing need for Hardware wallets? Interested to hear your thoughts.
Hardware wallet is best if you want to store your coins safely but unless someone has more than 5-10 bitcoins,buying a hardware wallet is not feasible
There are some potential risks if you buy a hardware wallet, such as losing it or even someone stole it.

Both online and hardware wallet  have potential risk of losing your bitcoin into it. Just put up to your mind the most important things to consider to be kept on a safe place like passwords,keys so that incase your account would be lost  you can retrieve it.
But to be hoenst at least about hardware wallets you can ensure that they do not become hacked and you have more control

you have a point but remember  hardware wallet  have also risk on losing your bitcoins it might be lost or  corrupted and theres nothing you can do about it.  Agree you have your control on your bitcoin when its in a hardware wallet just make it sure that it is  kept  in a secure place.

That could be happen if you are lame enough upon handling your hardwares but if you really placed it on secured area well you can make sure your btc is safe but those hard wallets are for people who holds lots of thousand,millions of btc or company that needed to be secured their btc since it was an ideal place for them where they can kept securely their btc and i think blockchain wallet is enough for people who do regular daily transaction.

R


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dunfida
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August 17, 2016, 07:15:02 AM
 #224

Hi all,

I am doing some research for a Bitcoin company that is interested with developing a hardware wallet to see if it has a viable market. Trezor has some traction, but perhaps only in the existing Bitcoin community. With things like Multi-sig popping up everywhere, do you think this negates some of the pressing need for Hardware wallets? Interested to hear your thoughts.
Hardware wallet is best if you want to store your coins safely but unless someone has more than 5-10 bitcoins,buying a hardware wallet is not feasible
There are some potential risks if you buy a hardware wallet, such as losing it or even someone stole it.

Both online and hardware wallet  have potential risk of losing your bitcoin into it. Just put up to your mind the most important things to consider to be kept on a safe place like passwords,keys so that incase your account would be lost  you can retrieve it.
But to be hoenst at least about hardware wallets you can ensure that they do not become hacked and you have more control

you have a point but remember  hardware wallet  have also risk on losing your bitcoins it might be lost or  corrupted and theres nothing you can do about it.  Agree you have your control on your bitcoin when its in a hardware wallet just make it sure that it is  kept  in a secure place.

That could be happen if you are lame enough upon handling your hardwares but if you really placed it on secured area well you can make sure your btc is safe but those hard wallets are for people who holds lots of thousand,millions of btc or company that needed to be secured their btc since it was an ideal place for them where they can kept securely their btc and i think blockchain wallet is enough for people who do regular daily transaction.

Hardware wallet  would be very useful for those who hold large amounts of bitcoins as you also said, they can keep them in a secure place without any harm to those coins. For me having  a huge amount in online wallet would be risky i guess rahter than  putting up in on a hardware wallet.

JeffBrad12
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August 17, 2016, 02:12:35 PM
 #225

Hi all,

I am doing some research for a Bitcoin company that is interested with developing a hardware wallet to see if it has a viable market. Trezor has some traction, but perhaps only in the existing Bitcoin community. With things like Multi-sig popping up everywhere, do you think this negates some of the pressing need for Hardware wallets? Interested to hear your thoughts.
Hardware wallet is best if you want to store your coins safely but unless someone has more than 5-10 bitcoins,buying a hardware wallet is not feasible
There are some potential risks if you buy a hardware wallet, such as losing it or even someone stole it.

Both online and hardware wallet  have potential risk of losing your bitcoin into it. Just put up to your mind the most important things to consider to be kept on a safe place like passwords,keys so that incase your account would be lost  you can retrieve it.
But to be hoenst at least about hardware wallets you can ensure that they do not become hacked and you have more control

you have a point but remember  hardware wallet  have also risk on losing your bitcoins it might be lost or  corrupted and theres nothing you can do about it.  Agree you have your control on your bitcoin when its in a hardware wallet just make it sure that it is  kept  in a secure place.

That could be happen if you are lame enough upon handling your hardwares but if you really placed it on secured area well you can make sure your btc is safe but those hard wallets are for people who holds lots of thousand,millions of btc or company that needed to be secured their btc since it was an ideal place for them where they can kept securely their btc and i think blockchain wallet is enough for people who do regular daily transaction.

Hardware wallet  would be very useful for those who hold large amounts of bitcoins as you also said, they can keep them in a secure place without any harm to those coins. For me having  a huge amount in online wallet would be risky i guess rahter than  putting up in on a hardware wallet.
Lol but it's very easy for you to losing it , like you saving your btc into hardware wallets like flash disk and that is very small and can disappearing at anytime

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August 20, 2016, 03:52:31 AM
 #226

Hi all,

I am doing some research for a Bitcoin company that is interested with developing a hardware wallet to see if it has a viable market. Trezor has some traction, but perhaps only in the existing Bitcoin community. With things like Multi-sig popping up everywhere, do you think this negates some of the pressing need for Hardware wallets? Interested to hear your thoughts.
Hardware wallet is best if you want to store your coins safely but unless someone has more than 5-10 bitcoins,buying a hardware wallet is not feasible
There are some potential risks if you buy a hardware wallet, such as losing it or even someone stole it.

Both online and hardware wallet  have potential risk of losing your bitcoin into it. Just put up to your mind the most important things to consider to be kept on a safe place like passwords,keys so that incase your account would be lost  you can retrieve it.
But to be hoenst at least about hardware wallets you can ensure that they do not become hacked and you have more control

you have a point but remember  hardware wallet  have also risk on losing your bitcoins it might be lost or  corrupted and theres nothing you can do about it.  Agree you have your control on your bitcoin when its in a hardware wallet just make it sure that it is  kept  in a secure place.

That could be happen if you are lame enough upon handling your hardwares but if you really placed it on secured area well you can make sure your btc is safe but those hard wallets are for people who holds lots of thousand,millions of btc or company that needed to be secured their btc since it was an ideal place for them where they can kept securely their btc and i think blockchain wallet is enough for people who do regular daily transaction.

Hardware wallet  would be very useful for those who hold large amounts of bitcoins as you also said, they can keep them in a secure place without any harm to those coins. For me having  a huge amount in online wallet would be risky i guess rahter than  putting up in on a hardware wallet.
Lol but it's very easy for you to losing it , like you saving your btc into hardware wallets like flash disk and that is very small and can disappearing at anytime

You can lose your hardware wallet if you are careless and  didnt even aware of the risk of losing it. If your a wise person and  you put importance in your money for sure you would put it in a safe place that no one knows and with that you can sleep  comfortably without  worrying anything about your bitcoins.

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August 21, 2016, 12:25:11 PM
 #227

Hi all,

I am doing some research for a Bitcoin company that is interested with developing a hardware wallet to see if it has a viable market. Trezor has some traction, but perhaps only in the existing Bitcoin community. With things like Multi-sig popping up everywhere, do you think this negates some of the pressing need for Hardware wallets? Interested to hear your thoughts.
Hardware wallet is best if you want to store your coins safely but unless someone has more than 5-10 bitcoins,buying a hardware wallet is not feasible
There are some potential risks if you buy a hardware wallet, such as losing it or even someone stole it.

Both online and hardware wallet  have potential risk of losing your bitcoin into it. Just put up to your mind the most important things to consider to be kept on a safe place like passwords,keys so that incase your account would be lost  you can retrieve it.
But to be hoenst at least about hardware wallets you can ensure that they do not become hacked and you have more control

you have a point but remember  hardware wallet  have also risk on losing your bitcoins it might be lost or  corrupted and theres nothing you can do about it.  Agree you have your control on your bitcoin when its in a hardware wallet just make it sure that it is  kept  in a secure place.

That could be happen if you are lame enough upon handling your hardwares but if you really placed it on secured area well you can make sure your btc is safe but those hard wallets are for people who holds lots of thousand,millions of btc or company that needed to be secured their btc since it was an ideal place for them where they can kept securely their btc and i think blockchain wallet is enough for people who do regular daily transaction.

Hardware wallet  would be very useful for those who hold large amounts of bitcoins as you also said, they can keep them in a secure place without any harm to those coins. For me having  a huge amount in online wallet would be risky i guess rahter than  putting up in on a hardware wallet.
Lol but it's very easy for you to losing it , like you saving your btc into hardware wallets like flash disk and that is very small and can disappearing at anytime

You can lose your hardware wallet if you are careless and  didnt even aware of the risk of losing it. If your a wise person and  you put importance in your money for sure you would put it in a safe place that no one knows and with that you can sleep  comfortably without  worrying anything about your bitcoins.
Everything thing comes with the risk and benefits,so does bitcoin storage whether it is online wallet or hardware wallet.
JeffBrad12
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August 21, 2016, 03:16:09 PM
 #228

Hi all,

I am doing some research for a Bitcoin company that is interested with developing a hardware wallet to see if it has a viable market. Trezor has some traction, but perhaps only in the existing Bitcoin community. With things like Multi-sig popping up everywhere, do you think this negates some of the pressing need for Hardware wallets? Interested to hear your thoughts.
Hardware wallet is best if you want to store your coins safely but unless someone has more than 5-10 bitcoins,buying a hardware wallet is not feasible
There are some potential risks if you buy a hardware wallet, such as losing it or even someone stole it.

Both online and hardware wallet  have potential risk of losing your bitcoin into it. Just put up to your mind the most important things to consider to be kept on a safe place like passwords,keys so that incase your account would be lost  you can retrieve it.
But to be hoenst at least about hardware wallets you can ensure that they do not become hacked and you have more control

you have a point but remember  hardware wallet  have also risk on losing your bitcoins it might be lost or  corrupted and theres nothing you can do about it.  Agree you have your control on your bitcoin when its in a hardware wallet just make it sure that it is  kept  in a secure place.

That could be happen if you are lame enough upon handling your hardwares but if you really placed it on secured area well you can make sure your btc is safe but those hard wallets are for people who holds lots of thousand,millions of btc or company that needed to be secured their btc since it was an ideal place for them where they can kept securely their btc and i think blockchain wallet is enough for people who do regular daily transaction.

Hardware wallet  would be very useful for those who hold large amounts of bitcoins as you also said, they can keep them in a secure place without any harm to those coins. For me having  a huge amount in online wallet would be risky i guess rahter than  putting up in on a hardware wallet.
Lol but it's very easy for you to losing it , like you saving your btc into hardware wallets like flash disk and that is very small and can disappearing at anytime

You can lose your hardware wallet if you are careless and  didnt even aware of the risk of losing it. If your a wise person and  you put importance in your money for sure you would put it in a safe place that no one knows and with that you can sleep  comfortably without  worrying anything about your bitcoins.
But for buying a hardware just like waste your money because if you already have a desktop for your and you can use that to save your bitcoin and become your personal wallet and especially for using offline wallet can make your amount is more secure and why you need to buy the hardware wallet?

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kurniawaN
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August 21, 2016, 08:58:00 PM
 #229

I would buy it if it were affordable and really well made

I definitely agree with this.
For now it is not affordable for me.
For now I am relying offline wallet

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August 22, 2016, 12:25:57 AM
 #230

afaik hardware wallet is convenient and save from hacking to any malicious software, it is preferable to have one if it comes with a decent price and available in my country I will surely buy one of those.
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August 22, 2016, 10:10:41 PM
 #231

For me to buy hardware wallet it need to reach some level of security, easy of use and support for some of the top alt coins as litecoin, etc

Also I need to know the way it works so it can be safe near the safety I have with paper wallet, only then I would invest 100 eur or so to it

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AmatoInazuma
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August 23, 2016, 12:51:17 AM
 #232

afaik hardware wallet is convenient and save from hacking to any malicious software, it is preferable to have one if it comes with a decent price and available in my country I will surely buy one of those.
Yeah , me too . If we're talking about security , security is number one for bitcoin . Maybe you have a ton of bitcoin in your wallet , and afraid for being hacked from unknown person i will buy hardware wallet after i have enough bitcoin and buy it.
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August 23, 2016, 06:14:40 AM
 #233

Hi all,

I am doing some research for a Bitcoin company that is interested with developing a hardware wallet to see if it has a viable market. Trezor has some traction, but perhaps only in the existing Bitcoin community. With things like Multi-sig popping up everywhere, do you think this negates some of the pressing need for Hardware wallets? Interested to hear your thoughts.
Hardware wallet is best if you want to store your coins safely but unless someone has more than 5-10 bitcoins,buying a hardware wallet is not feasible
There are some potential risks if you buy a hardware wallet, such as losing it or even someone stole it.

Even on an offline wallet or  you said  on your pc wallet there still have a risk on losing it. Maybe it would got corrupted in the future or  theres a virus then your money would be gone.  Keep it  in our minds that no matter  how we store our coins either offline or online or hardware they have all risk on losing your money.

Both online and hardware wallet  have potential risk of losing your bitcoin into it. Just put up to your mind the most important things to consider to be kept on a safe place like passwords,keys so that incase your account would be lost  you can retrieve it.
But to be hoenst at least about hardware wallets you can ensure that they do not become hacked and you have more control

you have a point but remember  hardware wallet  have also risk on losing your bitcoins it might be lost or  corrupted and theres nothing you can do about it.  Agree you have your control on your bitcoin when its in a hardware wallet just make it sure that it is  kept  in a secure place.

That could be happen if you are lame enough upon handling your hardwares but if you really placed it on secured area well you can make sure your btc is safe but those hard wallets are for people who holds lots of thousand,millions of btc or company that needed to be secured their btc since it was an ideal place for them where they can kept securely their btc and i think blockchain wallet is enough for people who do regular daily transaction.

Hardware wallet  would be very useful for those who hold large amounts of bitcoins as you also said, they can keep them in a secure place without any harm to those coins. For me having  a huge amount in online wallet would be risky i guess rahter than  putting up in on a hardware wallet.
Lol but it's very easy for you to losing it , like you saving your btc into hardware wallets like flash disk and that is very small and can disappearing at anytime

You can lose your hardware wallet if you are careless and  didnt even aware of the risk of losing it. If your a wise person and  you put importance in your money for sure you would put it in a safe place that no one knows and with that you can sleep  comfortably without  worrying anything about your bitcoins.
But for buying a hardware just like waste your money because if you already have a desktop for your and you can use that to save your bitcoin and become your personal wallet and especially for using offline wallet can make your amount is more secure and why you need to buy the hardware wallet?

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August 30, 2016, 11:35:39 AM
 #234

I do have used online wallet andi think it is a good service so i am not worrying at all to buy hardware wallet. As they say that it is more safe yet i think it is more hasle in the end so i just have to believe that the online wallet i am using is trustworthy
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August 30, 2016, 02:42:21 PM
 #235

I would never buy a hardware wallet becuase i know how un secured they are and that is not the only reason because there are so many people telling me that there coins where stolen from their wallet and dont even know what happend with it and that cant happen if you are offering wallets for money.
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August 30, 2016, 03:12:36 PM
 #236

I would never use or buy a hardware wallet and that is only because i know what the problem is with that wallets and that is that they are not even secured enough to hold your coins it can be that someone is hacking your wallet and gone are your coins.
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August 31, 2016, 03:38:57 AM
 #237

Yes I would do this because I must say that its pretty safe and nice altrough I maybe would make one by myself because I think some hardware wallets are not trusted in my eyes.
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August 31, 2016, 05:22:14 AM
 #238

Hi all,

I am doing some research for a Bitcoin company that is interested with developing a hardware wallet to see if it has a viable market. Trezor has some traction, but perhaps only in the existing Bitcoin community. With things like Multi-sig popping up everywhere, do you think this negates some of the pressing need for Hardware wallets? Interested to hear your thoughts.
Hardware wallet is best if you want to store your coins safely but unless someone has more than 5-10 bitcoins,buying a hardware wallet is not feasible
There are some potential risks if you buy a hardware wallet, such as losing it or even someone stole it.

Both online and hardware wallet  have potential risk of losing your bitcoin into it. Just put up to your mind the most important things to consider to be kept on a safe place like passwords,keys so that incase your account would be lost  you can retrieve it.
But to be hoenst at least about hardware wallets you can ensure that they do not become hacked and you have more control

you have a point but remember  hardware wallet  have also risk on losing your bitcoins it might be lost or  corrupted and theres nothing you can do about it.  Agree you have your control on your bitcoin when its in a hardware wallet just make it sure that it is  kept  in a secure place.

That could be happen if you are lame enough upon handling your hardwares but if you really placed it on secured area well you can make sure your btc is safe but those hard wallets are for people who holds lots of thousand,millions of btc or company that needed to be secured their btc since it was an ideal place for them where they can kept securely their btc and i think blockchain wallet is enough for people who do regular daily transaction.

Hardware wallet  would be very useful for those who hold large amounts of bitcoins as you also said, they can keep them in a secure place without any harm to those coins. For me having  a huge amount in online wallet would be risky i guess rahter than  putting up in on a hardware wallet.
Lol but it's very easy for you to losing it , like you saving your btc into hardware wallets like flash disk and that is very small and can disappearing at anytime

You can lose your hardware wallet if you are careless and  didnt even aware of the risk of losing it. If your a wise person and  you put importance in your money for sure you would put it in a safe place that no one knows and with that you can sleep  comfortably without  worrying anything about your bitcoins.
But for buying a hardware just like waste your money because if you already have a desktop for your and you can use that to save your bitcoin and become your personal wallet and especially for using offline wallet can make your amount is more secure and why you need to buy the hardware wallet?

You can choose if you want to store your bitcoin in hardware or on your pc itself but still there are risk  also when you intend to store those bitcoins on a pc wallet because it might be got virus or  crashed, you will not know what would happen the future. All have risk to lose those bitcoins if you dont pay attention  into it.

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August 31, 2016, 07:09:09 AM
 #239

I would never buy a bitcoin wallet and that is only because i dont trust them i know for sure that the wallets are not prepared for hackers and there are allot of good hackers who can steal your coins from your wallet.
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August 31, 2016, 07:50:13 AM
 #240

Hi all,

I am doing some research for a Bitcoin company that is interested with developing a hardware wallet to see if it has a viable market. Trezor has some traction, but perhaps only in the existing Bitcoin community. With things like Multi-sig popping up everywhere, do you think this negates some of the pressing need for Hardware wallets? Interested to hear your thoughts.
Hardware wallet is best if you want to store your coins safely but unless someone has more than 5-10 bitcoins,buying a hardware wallet is not feasible
There are some potential risks if you buy a hardware wallet, such as losing it or even someone stole it.

Both online and hardware wallet  have potential risk of losing your bitcoin into it. Just put up to your mind the most important things to consider to be kept on a safe place like passwords,keys so that incase your account would be lost  you can retrieve it.
But to be hoenst at least about hardware wallets you can ensure that they do not become hacked and you have more control

you have a point but remember  hardware wallet  have also risk on losing your bitcoins it might be lost or  corrupted and theres nothing you can do about it.  Agree you have your control on your bitcoin when its in a hardware wallet just make it sure that it is  kept  in a secure place.

That could be happen if you are lame enough upon handling your hardwares but if you really placed it on secured area well you can make sure your btc is safe but those hard wallets are for people who holds lots of thousand,millions of btc or company that needed to be secured their btc since it was an ideal place for them where they can kept securely their btc and i think blockchain wallet is enough for people who do regular daily transaction.

Hardware wallet  would be very useful for those who hold large amounts of bitcoins as you also said, they can keep them in a secure place without any harm to those coins. For me having  a huge amount in online wallet would be risky i guess rahter than  putting up in on a hardware wallet.
Lol but it's very easy for you to losing it , like you saving your btc into hardware wallets like flash disk and that is very small and can disappearing at anytime

You can lose your hardware wallet if you are careless and  didnt even aware of the risk of losing it. If your a wise person and  you put importance in your money for sure you would put it in a safe place that no one knows and with that you can sleep  comfortably without  worrying anything about your bitcoins.
But for buying a hardware just like waste your money because if you already have a desktop for your and you can use that to save your bitcoin and become your personal wallet and especially for using offline wallet can make your amount is more secure and why you need to buy the hardware wallet?

You can choose if you want to store your bitcoin in hardware or on your pc itself but still there are risk  also when you intend to store those bitcoins on a pc wallet because it might be got virus or  crashed, you will not know what would happen the future. All have risk to lose those bitcoins if you dont pay attention  into it.
Okay but I don't think about the future and I just think about this time. well, someone in here there is any experienced with trezors and whether can synchronize with the offline wallet? looking for answer.

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