Which Wallet should be suggested to a newbie?

[sifter]

Don't use a site that doesn't give you full control of the private keys (e.g. Coinbase and any of the exchanges and ecash.io).

I saw a new one or maybe an old one, its called ecash.io. Any review/report on this?

There I fixed it.

But what are the chance of coinbase.com going haywire

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[Nellyx]

I'd reccomend regular blockchain wallet? Is there anything wrong with it.

[neha]

There is very low chance of Coinbase or blockchain going haywire but you have to understand one basic premise that one should have, not to trust your money in someone else's pocket. Thus its best if you store your money locally so that the threat is mitigated. The same argument is not applicable in fiat because there are banks which are guaranteed/insured by the governments, but its not the case with bitcoins/cryptocoins.

We are also going to be providing an online service but we will always advise people to only put the money with us that they intend to spend online or offline in very near future.

Also, do VC investments make people view a company as infallible? Something to think about. Startups always have VC's.

[hardleft121]

Blockchain for online wallet, use only for small spends
I like Electrum, think it's pretty intuitive to use

I think offline wallet is more secure than online wallet. But for online wallet I think Blockchain is more secure than others. As a newbie I also use Blockchain.

[NotAtOld]

Depends on the device being used but anything with a backup seed (Electrum) will be better than dealing with private keys for a newbie.

[PalmerLaura]

Blockchain for online wallet, use only for small spends I like Electrum, think it's pretty intuitive to use

[polunna]

Check out cryptocards.co

[lovegood]

For iOS, breadwallet.

Strongly agree. And I say that as someone who has played around with all of the available iOS wallets. Deterministic plus beautiful and incredibly easy to use interface.

[mrmousebtc]

Without any doubt electrum, my daughter use it and she is only 14 years old.

[bambino]

For iOS, breadwallet.

Strongly agree. And I say that as someone who has played around with all of the available iOS wallets. Deterministic plus beautiful and incredibly easy to use interface.

Does breadwallet have an address book?

[MarketTime]

I am using bitcoin-qt and feels good so far, the only problem I am facing is it is eating up a lot of space.

[iphonecoins]

For iOS, breadwallet.

Strongly agree. And I say that as someone who has played around with all of the available iOS wallets. Deterministic plus beautiful and incredibly easy to use interface.

I'm also using breadwallet.

I like the beautiful design very much.

It is really easy to use and is very suitable for newbies.

[KuromaYoichi]

most newbies use online wallet
i think blockchain and coinbase is good , but i prefer blockchain
if you consider using offline wallet > bitcoin-qt

[BiTJack]

most newbies use online wallet
i think blockchain and coinbase is good , but i prefer blockchain
if you consider using offline wallet > bitcoin-qt

Use blockchain with Two-factor authentication, So many hacks these days.

[silvestar]

most newbies use online wallet
i think blockchain and coinbase is good , but i prefer blockchain
if you consider using offline wallet > bitcoin-qt

For web wallets, blockchain.info is much better than any exchange wallets for 2 reasons.
1. You have the private keys. You won't lose your bitcoin when the site goes belly up if you have made a wallet backup.
2. Your wallet file is encrypted on the client side, so your bitcoin won't be lost when the site is hacked.

[silvestar]

Don't use a site that doesn't give you full control of the private keys (e.g. Coinbase and any of the exchanges and ecash.io).

I saw a new one or maybe an old one, its called ecash.io. Any review/report on this?

There I fixed it.

But what are the chance of coinbase.com going haywire

Who knows?
Sure, Coinbase looks huge an seems it could be trusted now, but so was Mtgox before disclosing the hack and bitcoin loss.

[odolvlobo]

Don't use a site that doesn't give you full control of the private keys (e.g. Coinbase and any of the exchanges and ecash.io).

I saw a new one or maybe an old one, its called ecash.io. Any review/report on this?

There I fixed it.

But what are the chance of coinbase.com going haywire?

Considering the history of Bitcoin-based businesses -- it is a certainty.
Considering that Coinbase is a start-up and probably still requires investor funding to stay afloat -- it is likely.
Considering an optimistic (but realistic) outlook -- it is still very possible.

[itsAj]

Don't use a site that doesn't give you full control of the private keys (e.g. Coinbase and any of the exchanges and ecash.io).

I saw a new one or maybe an old one, its called ecash.io. Any review/report on this?

There I fixed it.

But what are the chance of coinbase.com going haywire

Who knows?
Sure, Coinbase looks huge an seems it could be trusted now, but so was Mtgox before disclosing the hack and bitcoin loss.

Coinbase has had it's reserves audited and I believe it has been shown that they have ample reserves to cover all of their customer deposits. I think that at the time this audit was done, their security procedures were checked and it was determined that the security was appropriate for what they were doing (was very good).

[LukiSON]

well i think more people (including myself) use online wallet & it is Blockchain.info 

[perixxx]

Blockchain.info as a online wallet because it's one of the most secure and has 2FA, and I would recommend Electrum as an offline wallet.