MadGamer (OP)
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September 06, 2014, 07:22:54 AM Last edit: September 06, 2014, 07:49:55 AM by MadGamer |
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hi,Im new on this and I was wondering what is the most secure bitcoin wallet ? is it fine if I continue with blockchain.info ? nothing to fear from ? I won't lose my BTC or anything else ? thanks I don't know if I stick with Web-based or go to Desktop applications
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hilariousandco
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Join the world-leading crypto sportsbook NOW!
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September 06, 2014, 10:46:06 AM |
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Wallets are only as safe as you are. Blockchain.info is very safe providing you set up all the security features. Make sure you have 2-factor authentication set up at a minimum.
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The Bad Guy
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September 06, 2014, 11:23:06 AM |
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just stick with blockchain.info . it's fine and secure
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seventhgear
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September 06, 2014, 11:53:00 AM |
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just stick with blockchain.info . it's fine and secure
If you know how to secure your pc it's better to use an offline wallet like Electrum or Armory.
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nyan1
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September 06, 2014, 12:15:11 PM |
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It all depends on what you want it for, exchange, store?
Paperwallet to store is the safest.
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chanz
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September 06, 2014, 12:16:12 PM |
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Use blockchain with 2fa for online wallets, for offline wallets you can either go with Electrum or Armory.
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My BTC address : 1KfS1c14Tg2hgQEVz2bCJeFox6FpyYFvM6
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The Bad Guy
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September 06, 2014, 12:30:40 PM |
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What's the difference between offline & online wallet guys ?
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ihuntbtc
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September 06, 2014, 12:52:49 PM |
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Bitcoin QT, because its the official.
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oceans
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September 06, 2014, 01:04:17 PM |
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blockchain.info is safe but as stated above it really is only as safe as you are. As long as you do everything you can to ensure you are safe when using this you should be fine and have no problems.
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vivathelife
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September 06, 2014, 01:42:24 PM |
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Armory is the most secure in my opinion and it has the nice multisig feature.
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minerpumpkin
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September 06, 2014, 02:28:58 PM |
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Wallets that actually keep your private key (as opposed to online wallets that keep the private key for you) are the safest bet! I think MultiBit, Electrum, or Bitcoin Armory are the safest ones out there. Their source is public and you may compile them yourself - that way you can be sure to actually know what the wallets are doing!
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I should have gotten into Bitcoin back in 1992...
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nyan1
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September 06, 2014, 04:36:05 PM |
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As far as I know qtwallet is online unless you want to put your computer/HD in cold storage offline for ever, only to switch on /put online to transfer all the coins on it. All online wallets can be hacked, 2fa is no guarantee
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giveBTCpls
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September 06, 2014, 07:34:18 PM |
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No wallet is really "Offline" imo. I mean how are you supossed to have an up to date wallet without internet? And how are you supossed to send/recive without internet? Without internet any wallet is useless. And I would say QT is the most secure due official status.
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btchris
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September 06, 2014, 09:03:44 PM |
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These "what's the safest" threads are starting to drive me CRAZY (no offense meant to the OP though). There are a lot of different ways to interpret the word "safe". Go to the bitcoin.org choose-your-wallet site here, it does a good job of comparing the safety/security of different wallets. If you have a specific question regarding regarding that site, such as "what does Vulnerable Environment mean?", or a question regarding something that website doesn't mention, such as "what is the easiest to back up / protect from hard drive failure", we'd be happy to try to answer it. Although I mean no disrespect to the other posters in this thread, they all have their own interpretation (as do I) of the word "safe" and have answered accordingly... e.g. to some, safe means "safe from hard drive failure", and to others it means "safe from malware", and to others it means "safe from hackers" or even "safe from data collection/spying". None of them are right for every purpose (or wrong).
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beaknuke
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September 06, 2014, 09:05:34 PM |
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the safest wallet there is, a leather-one that sits in your pocket with fiat. This is what I am starting to believe.
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btchris
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September 06, 2014, 09:46:05 PM |
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the safest wallet there is, a leather-one that sits in your pocket with fiat. This is what I am starting to believe.
Bitcoin is still in its infancy. Most people have the common sense not to store $1000 in their wallet and then walk around on "the wrong side of the tracks." Bitcoin is still new enough that this sort of common sense is still... uncommon. Educating yourself is the best way to avoid such pitfalls, so kudos to OP for asking questions. Combine all this with the fact that there are no subforums here for "I just got robbed of my leather wallet" nor for "I've never had Bitcoin stolen from me", and it's easy to see why there are a disproportionate number of "I got robbed of my bitcoin" stories here. I think it is tricky to be secure, and you do need to educate yourself (it's not something like fiat cash that everyone has known about since they were 3), but it's also not as dangerous as this forum may make it seem once you've acquired some Bitcoin common sense.
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beaknuke
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September 06, 2014, 09:49:22 PM |
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the weird thing is after spending about six months in this community, I educate my computer clients that you should store your personal photos/data/accounts in online storage like Google Cloud/DropBox etc as its safer then your harddrive, then get involved here and read the horror stories of hacking/online wallets and cloud storage without 2FA.
Sometimes you start to think that hiding your money under the matress is safer especially as the bitcoin is devalued at present
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btchris
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September 06, 2014, 10:02:04 PM Last edit: September 06, 2014, 11:12:18 PM by btchris |
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the weird thing is after spending about six months in this community, I educate my computer clients that you should store your personal photos/data/accounts in online storage like Google Cloud/DropBox etc as its safer then your harddrive
Is it safer? [link to Wikipedia] then get involved here and read the horror stories of hacking/online wallets and cloud storage without 2FA.
Sometimes you start to think that hiding your money under the matress is safer especially as the bitcoin is devalued at present
I think you've got a great analogy. Google/Dropbox/Onedrive are great for casual things you'd rather not lose, but aren't super important (your kids birthday pictures, a few hundred bucks of bitcoin, etc.). Under your mattress is great for things you'd rather not get leaked to the Internet (see the link above...). A safety deposit box is great for really important stuff (your will, paper backups of your wallets containing lots of bitcoin, etc.). It's all about learning how and where to store bitcoin, depending on how much value it has to you, and how much you can afford to lose (same as fiat: keep a hundred in your wallet, a little more under the mattress, and more in the bank).
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InwardContour
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September 06, 2014, 10:38:20 PM |
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There isn't an unsecure offline wallet but if your computer is full of cracked software than it's better to store your coins into an online wallet like blockchain.
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