BartmaX (OP)
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August 11, 2014, 09:06:05 AM |
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I would like to buy Bitcoin Trezor, but Blockchain can be also good.
Pros and cons (in my opinion):
Blockchain: [ + ] Free [ - ] Servers can be hacked [ - ] You can lost Bitcoins by phishing [ - ] If you have got 2FA your phone could be hacked, and hacker can see your messages (also verify messages from Blockchain, so he can withdraw BTC) [ - ] Support - I sent e-mail to Blockchain about 3 weeks ago and I still wait for answer
Trezor: [ + ] If you want to send BTC you have to have physical access to Trezor [ + ] Physical buttons on Trezor - they can not be hacked [ + ] Speed suport answers [ - ] Price: $120
What do u think?
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Bitcoin: 1BUVLae4KR9FTDAVDpwFZnoB8p5PrjEt5q
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Silly Money
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August 11, 2014, 09:53:24 AM |
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You could lose the trezor or it could break. Depends if you are willing to spend money on it.
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BartmaX (OP)
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August 11, 2014, 09:58:22 AM |
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You could lose the trezor or it could break. Depends if you are willing to spend money on it.
I will be able to recover it. http://doc.satoshilabs.com/trezor-user/recovery.html
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Bitcoin: 1BUVLae4KR9FTDAVDpwFZnoB8p5PrjEt5q
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Silly Money
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August 11, 2014, 10:02:11 AM |
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If it's recoverable isn't that a weakness in itself? What iof somebody else can recover it too?
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BartmaX (OP)
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Merit: 10
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August 11, 2014, 10:05:31 AM |
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If it's recoverable isn't that a weakness in itself? What iof somebody else can recover it too?
You may say that somebody can get recovery seeds? What if you hold it in safe?
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Bitcoin: 1BUVLae4KR9FTDAVDpwFZnoB8p5PrjEt5q
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Silly Money
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August 11, 2014, 10:08:31 AM |
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If it's recoverable isn't that a weakness in itself? What iof somebody else can recover it too?
You may say that somebody can get recovery seeds? What if you hold it in safe? Well if it's not in a safe or a safe place they can. If you can access it somebody else might as well. Or you lose thiose seeds.
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CoinRocka
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August 11, 2014, 11:22:38 AM |
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If it's recoverable isn't that a weakness in itself? What iof somebody else can recover it too?
You may say that somebody can get recovery seeds? What if you hold it in safe? Well if it's not in a safe or a safe place they can. If you can access it somebody else might as well. Or you lose thiose seeds. This is not a vulnerability of the product or service...the user.
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HarmonLi
Sr. Member
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Merit: 250
Honest 80s business!
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August 11, 2014, 11:34:28 AM |
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I would like to buy Bitcoin Trezor, but Blockchain can be also good.
Pros and cons (in my opinion):
Blockchain: [ + ] Free [ - ] Servers can be hacked [ - ] You can lost Bitcoins by phishing [ - ] If you have got 2FA your phone could be hacked, and hacker can see your messages (also verify messages from Blockchain, so he can withdraw BTC) [ - ] Support - I sent e-mail to Blockchain about 3 weeks ago and I still wait for answer
Trezor: [ + ] If you want to send BTC you have to have physical access to Trezor [ + ] Physical buttons on Trezor - they can not be hacked [ + ] Speed suport answers [ - ] Price: $120
What do u think?
We are talking about blockchain.info here. Not the Bitcoin blockchain. Please try to make that clear in the future! Those are two different things! If blockchain.info gets hacked, hackers won't have access to your coins, since you retain at least a part of your private key.
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BartmaX (OP)
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Activity: 81
Merit: 10
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August 11, 2014, 07:32:25 PM |
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I would like to buy Bitcoin Trezor, but Blockchain can be also good.
Pros and cons (in my opinion):
Blockchain: [ + ] Free [ - ] Servers can be hacked [ - ] You can lost Bitcoins by phishing [ - ] If you have got 2FA your phone could be hacked, and hacker can see your messages (also verify messages from Blockchain, so he can withdraw BTC) [ - ] Support - I sent e-mail to Blockchain about 3 weeks ago and I still wait for answer
Trezor: [ + ] If you want to send BTC you have to have physical access to Trezor [ + ] Physical buttons on Trezor - they can not be hacked [ + ] Speed suport answers [ - ] Price: $120
What do u think?
We are talking about blockchain.info here. Not the Bitcoin blockchain. Please try to make that clear in the future! Those are two different things! If blockchain.info gets hacked, hackers won't have access to your coins, since you retain at least a part of your private key. I'm talking about blockchain.info not Bitcoin blockchain bro
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Bitcoin: 1BUVLae4KR9FTDAVDpwFZnoB8p5PrjEt5q
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franky1
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Merit: 4740
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August 11, 2014, 09:39:25 PM |
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Pros and cons (in my opinion):
Blockchain: [ + ] Free [ + ] If you have cellphone 2FA authentication you have to have physical access to your phone [ - ] Servers can be hacked [ - ] You can lost Bitcoins by phishing [ - ] Support - I sent e-mail to Blockchain about 3 weeks ago and I still wait for answer
Trezor: [ + ] If you want to send BTC you have to have physical access to Trezor [ + ] Physical buttons on Trezor - they can not be hacked [ - ] i sent a support message a week ago, still awaiting a reply [ - ] Price: $120 [ - ] a trojan/phish can be used to make the website integration perform a man in the middle to request the seed [ - ]cant be used easily whilst out and about, such as on smart phone
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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keithers
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Merit: 1001
This is the land of wolves now & you're not a wolf
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August 11, 2014, 09:51:38 PM |
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Pros and cons (in my opinion):
Blockchain: [ + ] Free [ + ] If you have cellphone 2FA authentication you have to have physical access to your phone [ - ] Servers can be hacked [ - ] You can lost Bitcoins by phishing [ - ] Support - I sent e-mail to Blockchain about 3 weeks ago and I still wait for answer
Trezor: [ + ] If you want to send BTC you have to have physical access to Trezor [ + ] Physical buttons on Trezor - they can not be hacked [ - ] i sent a support message a week ago, still awaiting a reply [ - ] Price: $120 [ - ] a trojan/phish can be used to make the website integration perform a man in the middle to request the seed [ - ]cant be used easily whilst out and about, such as on smart phone
This right here is pretty accurate IMO. I don't have my trezor yet, but it should be arriving today (I hope), so I will be able to report back on the comparison of both. The convenience of being able to use blockchain.info while out and about is a major plus. Basically if you have BTC in both spots that is obviously the best. I guess it comes down to how frequently you plan on spending BTC. If you don't plan on spending often, then Trezor is probably better. If you are frequently trading, buying, selling, sending... then maybe blockchain.info is better for you. Obviously if you have less than $120 in BTC, then Trezor is not a smart decision.
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franky1
Legendary
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Activity: 4368
Merit: 4740
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August 11, 2014, 09:58:54 PM |
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Pros and cons (in my opinion):
Blockchain: [ + ] Free [ + ] If you have cellphone 2FA authentication you have to have physical access to your phone [ - ] Servers can be hacked [ - ] You can lost Bitcoins by phishing [ - ] Support - I sent e-mail to Blockchain about 3 weeks ago and I still wait for answer
Trezor: [ + ] If you want to send BTC you have to have physical access to Trezor [ + ] Physical buttons on Trezor - they can not be hacked [ - ] i sent a support message a week ago, still awaiting a reply [ - ] Price: $120 [ - ] a trojan/phish can be used to make the website integration perform a man in the middle to request the seed [ - ]cant be used easily whilst out and about, such as on smart phone
This right here is pretty accurate IMO. I don't have my trezor yet, but it should be arriving today (I hope), so I will be able to report back on the comparison of both. The convenience of being able to use blockchain.info while out and about is a major plus. Basically if you have BTC in both spots that is obviously the best. I guess it comes down to how frequently you plan on spending BTC. If you don't plan on spending often, then Trezor is probably better. If you are frequently trading, buying, selling, sending... then maybe blockchain.info is better for you. Obviously if you have less than $120 in BTC, then Trezor is not a smart decision. summary: trezor for long term "savings" blockchain.info for SMALL "daily spend"
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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InwardContour
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August 11, 2014, 10:13:55 PM |
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Trezor is more user friendly than blockchain.info, this point isn't written in OP list but is really important. Try to teach your parents how to use both wallets and let them choose what is the best... I know the answer!
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Cryptopher
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Merit: 1008
Keep it dense, yeah?
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August 11, 2014, 10:57:09 PM |
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OP, you mention that blockchain.info has only the positive of free, while you say that Trezor has only one negative which is the cost of a product that provides three positive according to you.
Surely you have answered your own question?
Buy the Trezor.
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Sign up to Revolut and do the Crypto Quiz to earn $15/£14 in DOT
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Xenoph0bia
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August 11, 2014, 11:19:46 PM |
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I preffer the option with lowest possibility to loose my Bitcoins. Trezor wins, but Trezor does not offer additional security for those not understanding how Trezor exactly works, so non tech people are likely to loose Bitcoins when using Trezor at compromised computer/server and revealing seed or not checking the transaction details on Trezor when signing or accepting not signed firmware
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keithers
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Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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August 12, 2014, 01:39:11 AM |
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I preffer the option with lowest possibility to loose my Bitcoins. Trezor wins, but Trezor does not offer additional security for those not understanding how Trezor exactly works, so non tech people are likely to loose Bitcoins when using Trezor at compromised computer/server and revealing seed or not checking the transaction details on Trezor when signing or accepting not signed firmware
If you reveal your seed, you will basically lose your BTC with any type of wallet. I haven't received my Trezor yet (I thought it was arriving today), but I thought one of the whole points of it was to be able to use it securely even if you have a compromised computer...
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cryptworld
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August 12, 2014, 01:50:59 AM |
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The problem of online wallets is that you actually don't have your bitcoins they are in possesion of third party blockchain is ok for daily use and small quantities but if you are going to hold a large amount... I prefer other options
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heybigboy1
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August 12, 2014, 02:09:21 AM |
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I've heard lots of great things about Trezor. I'd go with that plus its at a good price
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Hfleer
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Merit: 250
Changing avatars is currently not possible.
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August 12, 2014, 02:11:37 AM |
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Op do you know the difference between blockchain and blockchain.info?
Fix that please...
Also trezor by far.
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