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Author Topic: Most Secure bitcoin wallet ?  (Read 36248 times)
oxiyusuf
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September 03, 2015, 09:53:53 AM
 #121

Xapo is a pretty secure Bitcoin wallet. It uses the "cold-storage" method of storing your coins, making it difficult for a hacker to steal your coins. You could also get a Tezor, but those are more expensive.
xapo is not a wallet..
you do not have acces to private key your wallet, when xapo's gone, your bitcoin is gone too
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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September 03, 2015, 10:10:51 AM
 #122

i like the trezor idea but here is my thing . right now i use coinbase , blockchain , and block.io . i really only go to faucets . i am not really old but definitely not  a youngun say i put my btc in a trezor for my grand babies and no one checks on it for 5 or 10 years would it still be accessable ?

I think as long as you give an access to your grand babies, it's still can accessable.
Good choice for store your coins for long term.
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September 06, 2015, 04:47:09 AM
 #123

I prefer software based wallets(in my case I use mycelium on android) but some will prefer hardware wallets for more security. I don't really recommend web based wallets
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September 06, 2015, 06:44:18 AM
 #124

every single bitcoin wallet that is created so far can be secure "to some extent".
for example you can have an online wallet and make it secure enough that you never lose your bitcoins but you always have to consider the risks of using each wallet.
i categorize the risks this way (from high to low):
web wallets
online wallets where you do NOT have your private keys (like xapo, coinbase): highest risk so i keep lowest amount there
online wallets where you have your have your private keys (like blockchain.info)

desktop or cell phone but still online
more security because it is on your pc, but still susceptible to malware and keyloggers
medium to low risk

offline wallet
any sort of wallet which is offline, either a wallet program like bitcoin-core, Electrum, Multibit, Armory that you just run on an ALWAYS offline pc or any sort of paper wallet as long as they are created with the right software.
this is the most secure so i keep the highest amount here.

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smith coins
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September 06, 2015, 10:55:49 AM
 #125

every single bitcoin wallet that is created so far can be secure "to some extent".
for example you can have an online wallet and make it secure enough that you never lose your bitcoins but you always have to consider the risks of using each wallet.
i categorize the risks this way (from high to low):
web wallets
online wallets where you do NOT have your private keys (like xapo, coinbase): highest risk so i keep lowest amount there
online wallets where you have your have your private keys (like blockchain.info)

desktop or cell phone but still online
more security because it is on your pc, but still susceptible to malware and keyloggers
medium to low risk

offline wallet
any sort of wallet which is offline, either a wallet program like bitcoin-core, Electrum, Multibit, Armory that you just run on an ALWAYS offline pc or any sort of paper wallet as long as they are created with the right software.
this is the most secure so i keep the highest amount here.


You forget Hardware Wallet
It's hardware that was made only to keep your bitcoin secure, you can use it online or offline.
It's expensive but could be safer than most offline wallet

Example : Trezor & Ledger Wallet

Ledger wallet seems to be much cheaper than Trezor which one of these two is the best?
CanIHazBitcoin777
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September 06, 2015, 01:55:40 PM
 #126

I think electrum or multibit is the best wallet out there.

Electrum is easy to use, while multibit is good for phones.
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September 06, 2015, 03:29:19 PM
 #127

every single bitcoin wallet that is created so far can be secure "to some extent".
for example you can have an online wallet and make it secure enough that you never lose your bitcoins but you always have to consider the risks of using each wallet.
i categorize the risks this way (from high to low):
web wallets
online wallets where you do NOT have your private keys (like xapo, coinbase): highest risk so i keep lowest amount there
online wallets where you have your have your private keys (like blockchain.info)

desktop or cell phone but still online
more security because it is on your pc, but still susceptible to malware and keyloggers
medium to low risk

offline wallet
any sort of wallet which is offline, either a wallet program like bitcoin-core, Electrum, Multibit, Armory that you just run on an ALWAYS offline pc or any sort of paper wallet as long as they are created with the right software.
this is the most secure so i keep the highest amount here.


You forget Hardware Wallet
It's hardware that was made only to keep your bitcoin secure, you can use it online or offline.
It's expensive but could be safer than most offline wallet

Example : Trezor & Ledger Wallet

Ledger wallet seems to be much cheaper than Trezor which one of these two is the best?

Trezor is old one and Ledger still new one but both of them seems promising as most secured wallet.
That's make me kindda difficult to select between them
dinda22
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September 06, 2015, 03:34:39 PM
 #128

blockchain with a 2fa security and bitcoin core or bitcoin qt these both are the strongest,safest,and most efficient wallets till now
Yes, it is true. I also only use blockchain + 2FA, I use this already several years and has never been my bitcoin lost in hack  Smiley
smith coins
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September 06, 2015, 03:41:19 PM
 #129

every single bitcoin wallet that is created so far can be secure "to some extent".
for example you can have an online wallet and make it secure enough that you never lose your bitcoins but you always have to consider the risks of using each wallet.
i categorize the risks this way (from high to low):
web wallets
online wallets where you do NOT have your private keys (like xapo, coinbase): highest risk so i keep lowest amount there
online wallets where you have your have your private keys (like blockchain.info)

desktop or cell phone but still online
more security because it is on your pc, but still susceptible to malware and keyloggers
medium to low risk

offline wallet
any sort of wallet which is offline, either a wallet program like bitcoin-core, Electrum, Multibit, Armory that you just run on an ALWAYS offline pc or any sort of paper wallet as long as they are created with the right software.
this is the most secure so i keep the highest amount here.


You forget Hardware Wallet
It's hardware that was made only to keep your bitcoin secure, you can use it online or offline.
It's expensive but could be safer than most offline wallet

Example : Trezor & Ledger Wallet

Ledger wallet seems to be much cheaper than Trezor which one of these two is the best?

Trezor is old one and Ledger still new one but both of them seems promising as most secured wallet.
That's make me kindda difficult to select between them

Is there any difference in performance or in security, except the price which is Trezor 99$ - Ledger 15€(or 29€)
pooya87
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September 06, 2015, 05:28:26 PM
 #130

every single bitcoin wallet that is created so far can be secure "to some extent".
for example you can have an online wallet and make it secure enough that you never lose your bitcoins but you always have to consider the risks of using each wallet.
i categorize the risks this way (from high to low):
web wallets
online wallets where you do NOT have your private keys (like xapo, coinbase): highest risk so i keep lowest amount there
online wallets where you have your have your private keys (like blockchain.info)

desktop or cell phone but still online
more security because it is on your pc, but still susceptible to malware and keyloggers
medium to low risk

offline wallet
any sort of wallet which is offline, either a wallet program like bitcoin-core, Electrum, Multibit, Armory that you just run on an ALWAYS offline pc or any sort of paper wallet as long as they are created with the right software.
this is the most secure so i keep the highest amount here.


You forget Hardware Wallet
It's hardware that was made only to keep your bitcoin secure, you can use it online or offline.
It's expensive but could be safer than most offline wallet

Example : [u  rl=https://www.bitcointrezor.com/]Trezor[/url] & [u rl=https://www.ledgerwallet.com/]Ledger Wallet[/url]

i didn't forget hardware wallets, i didn't mention them because they are not free.
all the things that i mentioned in my earlier comment are my personal preference. so i never include hardware wallet because i don't see any benefit of paying for hardware wallet when i can make a secure offline wallet on my own and for free.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
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Chabacano
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September 11, 2015, 05:20:59 PM
 #131

The most secure bitcoin wallet is the offline ones, I dont use them,  because MultiBit works fine for me, and it has all I need it. ill recommend you one of those.
Mayer Amschel
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September 14, 2015, 09:51:48 AM
 #132

I just downloaded the new Blocktrail wallet.

Very smooth and fast + you actually own the coins.


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MadGamer (OP)
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September 14, 2015, 04:08:40 PM
 #133

I just downloaded the new Blocktrail wallet.

Very smooth and fast + you actually own the coins.



I just checked them , but can't seem to find anything to download unless you are speaking about their Android and iOS versions for smartphones .
ikydesu
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September 14, 2015, 05:55:24 PM
 #134

Xapo is a pretty secure Bitcoin wallet. It uses the "cold-storage" method of storing your coins, making it difficult for a hacker to steal your coins. You could also get a Tezor, but those are more expensive.
xapo is not a wallet..
you do not have acces to private key your wallet, when xapo's gone, your bitcoin is gone too

Xapo is a wallet, it's web/online wallet, check here: https://bitcoin.org/en/choose-your-wallet look at web tab, xapo is listed as web wallet.
But like oxiyusuf said, xapo is not give you a private key, it's "hot-wallet", so becareful to use web/online wallet and exchanger, don't store all coins there, it's risky.
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September 15, 2015, 06:49:30 AM
 #135

I just downloaded the new Blocktrail wallet.

Very smooth and fast + you actually own the coins.



I just checked them , but can't seem to find anything to download unless you are speaking about their Android and iOS versions for smartphones .

You can go to their website and get the wallet for your computer.

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September 15, 2015, 07:17:45 AM
 #136

I just downloaded the new Blocktrail wallet.

Very smooth and fast + you actually own the coins.



I just checked them , but can't seem to find anything to download unless you are speaking about their Android and iOS versions for smartphones .

https://wallet.blocktrail.com you can create your wallet, it's web/online wallet.
I guess you opened the site with your smartphone?
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September 15, 2015, 03:55:26 PM
 #137

I trust my wallet (core) a lot more than any other online wallet.
online wallets are prone to downtime, like blockchain.info just lately
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September 15, 2015, 06:34:15 PM
 #138

I just downloaded the new Blocktrail wallet.

Very smooth and fast + you actually own the coins.



I just checked them , but can't seem to find anything to download unless you are speaking about their Android and iOS versions for smartphones .

https://wallet.blocktrail.com you can create your wallet, it's web/online wallet.
I guess you opened the site with your smartphone?

I can't see any option to sign a message in blocktrail, is that possible or just me?
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September 16, 2015, 02:09:49 PM
 #139

I was using Xapo and Coinbase web wallet when i was a newbie , till now i use them , their is no problem with them, but now i have installed electrum in my desktop wallet and transfered all my bitcoins their for safety use.

so for now newly you can join xapo or coinbase after getting some knowledge about bitcoin wallets you can download electrum and install and use it because it is the safest way , becuase if electrum gets problem i can use any other desktop wallet with the destop saved bitcoin details.

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September 16, 2015, 02:15:05 PM
 #140

A long time ago ( maybe 6month ago)
my email get hacked, my blockchain get hacked and i lose all of my coin ( because my blockchain password is very weak)
but my small amount at xapo is secure,
xapo have 2fa and 2fa enable 24/7 also 2fa only can acces at mobile network

I think xapo is good option for me
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