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Loophole
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October 12, 2014, 12:40:36 PM
 #21

So i can't just click pay from the wallet like Paypal , i have to use keys?

This is like learning a new foreign language. Cheesy

Guess my previous post made you confused lol. My bad.  Grin

To receive a payment, you just need to give your address to the payer.
And to send a payment, you just need to enter the payee's address and the amount of bitcoin you want to send out.

For ordinary users, you don't need to know how the private keys work or how bitcoin works under the hood. At the early stage, just remember that you should save a copy of your wallet file and keep them away from everyone. Smiley

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The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
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DirkBlik (OP)
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October 12, 2014, 12:41:35 PM
 #22

Kewl , Thanks  both Smiley
pooya87
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October 12, 2014, 03:57:03 PM
 #23

just use bitcoin core. i've been using it for years, and other than a stolen laptop with approximately 7.43 btc on it, i've never had any bitcoins stolen from me. luckily i had also kept a text file of the private keys on a thumbdrive and i immediately retrieved the coins and sent them out of the wallet to a new address.
yes bitcoin core is the BEST, (correct me if i am wrong)
BUT
you have to download more than 20 gigabytes of data (blockchain) and
ALSO
every time you want to send or update your wallet to see how much you own (except for checking it online) you need to update bitcoincore and it might take a while

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Pony789
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October 13, 2014, 02:43:54 PM
 #24

yes bitcoin core is the BEST, (correct me if i am wrong)
BUT
you have to download more than 20 gigabytes of data (blockchain) and
ALSO
every time you want to send or update your wallet to see how much you own (except for checking it online) you need to update bitcoincore and it might take a while

I would say bitcoin core is one of the best, because some people value security the most while some prefer to have a convenient set up.

The current blockchain is over 26 GB already.

We have about 140 new blocks a day, average block size is about 300 KB (https://btc.blockr.io/charts), and so if you open the bitcoin core program once a week, you should prepare to download roughly 294 MB of data every time.


DirkBlik (OP)
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October 14, 2014, 07:13:56 AM
 #25

Blockchain.info wallet

Do you have to provide proof of ID as i don't have a passport ?

Thanks
ARadzi
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October 14, 2014, 08:04:55 AM
 #26

I just jump to blockchain. But if you wanna try, you can try using block.io
newflesh
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October 14, 2014, 09:09:43 AM
 #27

Blockchain.info wallet

Do you have to provide proof of ID as i don't have a passport ?

Thanks

Nope, the only info they'll request is an email address (even that's not essential but handy if you forget your password etc)

DirkBlik (OP)
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October 14, 2014, 09:57:44 AM
 #28

Awesome , thanks Smiley
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October 23, 2014, 03:56:43 PM
 #29

try blockchain, its what i use
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October 28, 2014, 02:38:22 PM
 #30

The blockchain.info wallet, the most used.

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October 29, 2014, 09:11:22 AM
 #31

As a wallet, you don't need to do any verification other than your email address to create your account on Coinbase.

Comparing to blockchain.info, you don't have your private key to your address on Coinbase. So the good thing is you don't need to worry about a big transaction fee for receiving lots of dusts, while the bad thing is you will lose your bitcoin if the site no longer work.

El Emperador
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October 29, 2014, 09:36:01 AM
 #32

The most used online wallet is Blockchain.info: https://blockchain.info/en/wallet
But IMHO the best and safest one is GreenAddress: https://greenaddress.it/en/

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October 29, 2014, 09:48:39 AM
 #33

Blockchain.info wallet is recommended many times, I will save my breath. I actually would recommend using electrum offline lightweight wallet instead.

I am using both, but I find myself using electrum more and more from a clean notebook at home, as blockchain.info is frequently down and increasingly less secure with all the malware out there.

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grumpyoldtroll
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October 29, 2014, 10:29:53 AM
 #34

Blockchain I think is the most trusted online wallet to date. Every gambling site recommends blockchain.
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October 29, 2014, 01:46:58 PM
 #35

Blockchain I think is the most trusted online wallet to date. Every gambling site recommends blockchain.

Why look for anything else? Blockchain is the best to date.
lordbaltimore
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October 29, 2014, 04:44:11 PM
 #36

Anyone have any opinions on Trezor as a cold storage unit,thinking of buying while its on offer 
Koko
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October 29, 2014, 04:54:16 PM
 #37

As others have said, electrum is a good alternative to a fully online wallet like blockchain. It's a desktop wallet, but it keeps all the block data online so it doesn't take up a huge amount of space on your computer.
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October 29, 2014, 05:15:56 PM
 #38

currently i would choose blockchain info, because 2FA and best place in bitcoin community ( a lot of money to operate etc. )
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October 29, 2014, 09:41:06 PM
 #39

Blockchain.info wallet is recommended many times, I will save my breath. I actually would recommend using electrum offline lightweight wallet instead.

I am using both, but I find myself using electrum more and more from a clean notebook at home, as blockchain.info is frequently down and increasingly less secure with all the malware out there.

what do you think about multibit?

any inputs on being better then electrum?

R


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fredthegambler
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October 30, 2014, 03:08:22 AM
 #40

Blockchain I think is the most trusted online wallet to date. Every gambling site recommends blockchain.

Why look for anything else? Blockchain is the best to date.

Just wait till blockchain mess everything up
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