ARadzi (OP)
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October 13, 2014, 03:17:49 PM |
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I'm new into crypto currency and was wondering which wallet I should use in terms of security.
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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cookiemonsterwhat
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October 13, 2014, 03:23:11 PM |
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I use a desktop wallet, since I can back up the balance.
Websites that are online wallets can lose your balance as its saved on a server. Even though the thought maybe unlikely, I`m just paranoid it can happen.
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mezmerizer9
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October 13, 2014, 03:25:33 PM |
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I'm new into crypto currency and was wondering which wallet I should use in terms of security.
Desktop wallet are far more secure, well that mostly depends on you, but I use blockchains wallet. It's secure, simple and I'm not changing it. What wallet are you using atm? |
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ARadzi (OP)
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Activity: 42
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October 13, 2014, 03:29:13 PM |
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I'm new into crypto currency and was wondering which wallet I should use in terms of security.
Desktop wallet are far more secure, well that mostly depends on you, but I use blockchains wallet. It's secure, simple and I'm not changing it. What wallet are you using atm? I am using poloniex and block.io for now. But I was getting paranoid as my coins starts to grow. Additionally, I was having a trouble to log in on poloniex and my password was (or that's what I think) resetted itself or something. |
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Pony789
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October 13, 2014, 03:46:22 PM |
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I'm new into crypto currency and was wondering which wallet I should use in terms of security.
Desktop wallet are far more secure, well that mostly depends on you, but I use blockchains wallet. It's secure, simple and I'm not changing it. What wallet are you using atm? I am using poloniex and block.io for now. But I was getting paranoid as my coins starts to grow. Additionally, I was having a trouble to log in on poloniex and my password was (or that's what I think) resetted itself or something. Storing your coins (especially when you have a significant amount of them) on an exchange is a bad idea, as you don't have the private keys. The exchange could have disappeared at any moment like mtgox, and so it is better to store your coins in a personal wallet. |
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ARadzi (OP)
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October 13, 2014, 03:50:51 PM |
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thank you. I will try blockchain.
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sj2199
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October 13, 2014, 04:10:01 PM |
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Desktop wallets are much secure.. but i still prefer blockchain
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notlist3d
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October 13, 2014, 05:34:37 PM |
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I suggest using both. Have a cold wallet for longterm storage. Keep it safe and keep bulk of coins there.
And then use a online wallet such as blockchain for daily spend. You dont want to have to use your cold storage wallet everyday so it can be usefull.
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karlb187
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Need To Contact Me? Go To My Site!
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October 13, 2014, 10:29:18 PM |
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both, online for fast purchases and desktop for your "bank"
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GoldSurfer
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October 13, 2014, 10:32:05 PM |
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Offline.
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btcguys
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October 14, 2014, 01:13:02 AM |
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I would suggest online for purchases and small amounts and cold storage (offline wallet) for savings. you should check out paper wallet. here is guide for paper wallet: http://www.btcguys.us/blog/how-to-create-bitcoin-paper-wallet-tutorialRemember not to print your private keys on a printer that keeps data in memory. So use a dumb printer for paper wallets. |
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ARadzi (OP)
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Activity: 42
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October 14, 2014, 01:46:40 AM |
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I would suggest online for purchases and small amounts and cold storage (offline wallet) for savings. you should check out paper wallet. here is guide for paper wallet: http://www.btcguys.us/blog/how-to-create-bitcoin-paper-wallet-tutorialRemember not to print your private keys on a printer that keeps data in memory. So use a dumb printer for paper wallets. thanks for the link. gonna try that one too. Now, where can I find a dumb printer now?  |
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megamore
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October 14, 2014, 12:46:57 PM |
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I using online wallet that make me easy to transfer some btc Can open from my mobile  For secure use security 2FA |
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elizabethleon
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October 14, 2014, 02:33:50 PM |
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I using online wallet that make me easy to transfer some btc Can open from my mobile For secure use security 2FA [/quote How does 2FA works? |
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grosminer
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October 14, 2014, 02:34:43 PM |
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I use desktop wallet only, and backup my wallet on 2 different drives and store them at 2 different location.
I don't trust ANY online services..
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dbshck
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Crypto Swap Exchange
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October 14, 2014, 02:41:53 PM |
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In terms of security, nothing beat Offline wallet, like paper wallet, etc. For desktop or online wallet, i think desktop is safer cause using desktop wallet means you're having full control of your wallet. I using online wallet that make me easy to transfer some btc Can open from my mobile For secure use security 2FA How does 2FA works? I usually use my phone as 2FA, using Authy apps. |
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ARadzi (OP)
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October 14, 2014, 02:46:08 PM |
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I use desktop wallet only, and backup my wallet on 2 different drives and store them at 2 different location.
I don't trust ANY online services..
now that you said that, I feel like being paranoid using online wallet. What is the best desktop wallet? |
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newflesh
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October 14, 2014, 02:58:45 PM |
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I use desktop wallet only, and backup my wallet on 2 different drives and store them at 2 different location.
I don't trust ANY online services..
now that you said that, I feel like being paranoid using online wallet. What is the best desktop wallet? There's a few desktop wallets to choose from. Electrum I've found the easiest to use (don't have to download blockchain) and Armory for security (paper wallets, multsig etc). Best to do your own research tbh |
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Midwestbitcoiner
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October 14, 2014, 03:00:52 PM |
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Desktop, but if you use an online wallet, use blockchain.info
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Monkeynutz
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October 14, 2014, 03:10:44 PM |
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Desktop, but if you use an online wallet, use blockchain.info
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