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Author Topic: Help me to make the right desicion  (Read 1757 times)
Thecoindude (OP)
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August 06, 2014, 10:38:21 AM
 #1

Hey guys.

What do you think is the best online wallet coinbase or blockchain?

I really do not whant to lose my coins same as mgtox or whats the name.

keyscore44
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August 06, 2014, 10:42:03 AM
 #2

Never used coinbase, blockchain.info is a decent wallet, just remember not to store too many btc on any online wallet service.

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hilariousandco
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August 06, 2014, 11:34:34 AM
 #3

I haven't used Coinbase but I think blockchain.info is great and would thoroughly recommend it. Just make sure you set up all the security features it has and especially 2-factor authentification.

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bitsmichel
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August 06, 2014, 11:36:50 AM
 #4

Hey guys.

What do you think is the best online wallet coinbase or blockchain?

I really do not whant to lose my coins same as mgtox or whats the name.

Why not use a desktop wallet, in which case you are in control of the money as opposed to a server owning the money?  (data = money)
You could use Electrum, Multibit, Armory..  Either way from those two I'd pick blockchain, but only for small amounts.

hilariousandco
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August 06, 2014, 11:40:23 AM
 #5

Blockchain.info is a little bit different in that you control your private keys so that's another advantage, though the desktop wallets you recommend are also good, though it depends how he's going to use his wallet. A lot of people seem to have a bc.in wallet as their spending coins and a desktop as their 'savings'.

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hilariousandco
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August 06, 2014, 11:58:16 AM
 #6

How does that help him? He wants to know which of those two he should use.

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August 06, 2014, 12:15:26 PM
 #7

How does that help him? He wants to know which of those two he should use.
Haha, surely you're used to seeing comments like that by now.

Hey guys.

What do you think is the best online wallet coinbase or blockchain?

I really do not whant to lose my coins same as mgtox or whats the name.



Blockchain.info

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August 06, 2014, 12:27:13 PM
 #8

I recommend blockchain, too.
It's fine for me Smiley
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August 06, 2014, 12:28:27 PM
 #9

I personally use and prefer blockchain.
Although, if you sign up with a edu email address on coinbase you get $10 of bitcoin so...

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August 06, 2014, 12:31:25 PM
 #10

Why do you need to choose? Use both or all 3 {Blockchain included} and split the coins and the risk. The chances of all 3 of them running with your coins or being hacked is VERY small.

And most of your coins should be on cold storage anyways. {Paper wallets} so what can you loose?

I use lots of wallets, for testing and comparison purposes and to show friends how BTC works. {I like blockchain the most...Interface is clean and userfriendly}  Grin

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August 06, 2014, 12:33:08 PM
 #11

Use blockchain.info with 2fa and encrypted backup. It is as safe as non multisig online wallets go.

This spot for rent.
Thecoindude (OP)
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August 06, 2014, 12:49:39 PM
 #12

i see coinbase does as well 2 way auth so not sure blockchain or coinbase

i will never use a desktop walled i am too paranoia i will be hacked
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August 06, 2014, 01:06:11 PM
 #13

Hey guys.

What do you think is the best online wallet coinbase or blockchain?

I really do not whant to lose my coins same as mgtox or whats the name.



blockchain is the best but keeping wallet in cold storage is recommended..

MileyJohanson
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August 06, 2014, 01:08:18 PM
 #14

Coinbase is a shared wallet service which does not allow you to access your bitcoin directly as you do not have the private key. It is a hassle if they experience downtime when you need access to the coin. Blockchain.info on the otherhand, allows you to control your private key yourself by sending you a copy of it. You do not need to be afraid of downtimes since the private key will always be in your control. Blockchain.info is generally very safe with 2 factor authentication. Anyone can bruteforce your coinbase account with your email but not Blockchain.info since they need a long string of letters and numbers to access your account.

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August 06, 2014, 01:30:43 PM
 #15

Hey guys.

What do you think is the best online wallet coinbase or blockchain?

I really do not whant to lose my coins same as mgtox or whats the name.



After what happen to mtgox and tradefotress, I believe cold storage or keeping in your bitcoin-qt is the best....

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August 06, 2014, 02:13:15 PM
 #16

if you r planning to store bitcoins then use paper wallet otherwise use blockchain.info with 2-factor authentication
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August 07, 2014, 12:51:58 PM
 #17

Hey guys.

What do you think is the best online wallet coinbase or blockchain?

I really do not whant to lose my coins same as mgtox or whats the name.

Between the two, blockchain.info wallet is better.

Coinbase works exactly as same way as mtgox, and you don't have the private keys of your bitcoin.
Blockchain.info works differently. The site keeps the an encrypted version of your wallet file only, with both decryption and encryption done within your browser. And so you are the only one having the access to your private keys.

Please also enable 2FA to improve the safety further.

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August 08, 2014, 04:33:09 PM
 #18

But on coinbase wallet before you can send bitcoins it will send you 1 sms confirmation code thats coll ! does blockchain have the same future ?
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August 08, 2014, 05:24:52 PM
 #19

Don't know about the coinbase, I use blockchain and i think there is no sms or I just didn't set up it, but just dont keep your main funds there.
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August 08, 2014, 05:26:25 PM
 #20

Both are great but I prefer CoinBase.
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