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Author Topic: help me choose a wallet  (Read 3672 times)
Herbert2020 (OP)
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November 02, 2014, 07:04:26 AM
 #1

hello everyone.
i want to choose a wallet to start putting my bitcoins there Cheesy
from my last post i started here: https://bitcoin.org/en/choose-your-wallet
now i want to choose from the list but i am a little confused

Q1: should i choose desktop or web wallet?

Q2: from desktop wallets which one to choose?
i realized bitcoin core uses the full node which needs more than 20 GB and growing so i don't want that. and also armory

then i found out about SPV, and i think both Multibit and Electrum uses that. can anyone tell me how much does each of these two take up space on me hard drive? and also which one do you suggest

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
ARadzi
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November 02, 2014, 07:12:15 AM
 #2

hello everyone.
i want to choose a wallet to start putting my bitcoins there Cheesy
from my last post i started here: https://bitcoin.org/en/choose-your-wallet
now i want to choose from the list but i am a little confused

Q1: should i choose desktop or web wallet?

Q2: from desktop wallets which one to choose?
i realized bitcoin core uses the full node which needs more than 20 GB and growing so i don't want that. and also armory

then i found out about SPV, and i think both Multibit and Electrum uses that. can anyone tell me how much does each of these two take up space on me hard drive? and also which one do you suggest

choose a wallet that suits to your needs. you might want to read this thread: https://bitcointalk.org/index.php?topic=822097.0
TheNinja
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November 02, 2014, 07:46:38 AM
 #3

Online is easier to manage, unless servers go down, desktops are more secure, and paper wallets are the most secure, if you encrypt them

Velkro
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November 02, 2014, 08:59:08 AM
 #4


Q1: should i choose desktop or web wallet?

Q2: from desktop wallets which one to choose?
i realized bitcoin core uses the full node which needs more than 20 GB and growing so i don't want that. and also armory
Ad Q1. definitely desktop wallet for savings/bigger money, or web wallet for change
Ad Q2. Multibit don't need you to download whole blockchain, only ~200 Mb compared to 20 GB
newflesh
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November 02, 2014, 09:22:02 AM
 #5

Really depends on how much btc you have, I only use web wallets like blockchain.info for small amounts (spending) and desktop wallets (like core/electrum) for larger amounts. Long term storage I'd always recommend paper wallets.
belk
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November 02, 2014, 10:33:42 AM
 #6

Choose the best and the most trusted. You can search online for reviews and feedback
Muhammed Zakir
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November 02, 2014, 11:20:23 AM
 #7

hello everyone.
i want to choose a wallet to start putting my bitcoins there Cheesy
from my last post i started here: https://bitcoin.org/en/choose-your-wallet
now i want to choose from the list but i am a little confused

Q1: should i choose desktop or web wallet?

Q2: from desktop wallets which one to choose?
i realized bitcoin core uses the full node which needs more than 20 GB and growing so i don't want that. and also armory

then i found out about SPV, and i think both Multibit and Electrum uses that. can anyone tell me how much does each of these two take up space on me hard drive? and also which one do you suggest
i suggest Blockchain.info for online wallet and small amounts for spending and day to day use. because it is easy and also the most popular online wallet and it has been around since 2011 (http://en.wikipedia.org/wiki/Blockchain.info)

for desktop wallet both multibit and electrum are good. and both take up around 25 MB for blockchain headers only i think.
the only difference I found so far is that in multibit you can not change the transaction fee

Multibit doesn't offer an option to change fee but you can do it. Refer to this thread: Multibit: a way to reduce transaction fee Smiley

   ~~MZ~~

nor9865
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November 02, 2014, 11:28:41 AM
 #8

I would go for a web wallet, just because it is so convenient and easy to function with.

Desktop wallets are risky and often require a lot of thinking to operate well and safely.
Muhammed Zakir
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November 02, 2014, 11:56:11 AM
 #9

i actually search for this a couple of days back but i couldn't find it. and i gave it up since i saw a quote from developer who said on github that zero fees will make frustration for "regular users" and too many support calls for me!

You don't want to use zero fee tx, you can use <0.0001BTC like 0.00005BTC or 0.00001BTC. Smiley But it is better to stick with 0.0001BTC Roll Eyes

   ~~MZ~~

bitkilo
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November 02, 2014, 12:05:55 PM
 #10

I have just started using green address and it seems like a good wallet so far, i also use blockchain, both with 2fa, i will be looking in some sort of cold storage soon for larger amounts.
You could always use circle or coinbase but there more like a bank and that's not what bitcoin is really about, still good for people not so tech savy i think, there is a need for them.

kanggoroo
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November 02, 2014, 12:29:21 PM
 #11

For daily use , i prefer Blockchain and Electrum.
For saving or investment ,cold wallet is the safety way
elliwilli
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November 02, 2014, 01:18:09 PM
 #12

Blockchain.info is super convenient
Armoury is secure
Bitcoin core is the reference for all wallets
Electrum is less secure than core but is a desktop thin wallet.

bitllionaire
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November 02, 2014, 01:34:59 PM
 #13

it depends on what you want it for
I would use Multibit for safe transactions and an online wallet if you are going to manage low quantities of bitcoin
Tammy Chan
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November 03, 2014, 09:11:42 PM
 #14

If you have just a little bitcoin, you can use blockchain.info with 2FA enabled. Or you can download Multibit or Electrum.
If you have a considerable amount, put most of them on an offline wallet or a paper wallet, and put a small amount of bitcoin on blockchain.info or Multibit or Electrum for your daily consumption.

szmarco
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November 04, 2014, 12:02:12 AM
 #15

online wallet blockchain.info
offline brainwallet
MasterYii
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November 04, 2014, 01:00:43 AM
 #16

id just go with a desktop wallet.
Johanna
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November 04, 2014, 01:53:58 AM
 #17

Bitcoin-core, main wallet and is safest...

WestHarrison
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November 04, 2014, 02:00:37 AM
 #18

To be honest I love having my bitcoins with me. My experience with Mycelium has been stellar. It's smooth and light.
Miss Fortune
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November 04, 2014, 02:35:50 AM
 #19

just go with blockchain.info.
jjacob
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November 04, 2014, 11:07:59 PM
 #20

You can try electrum.
The advantage being you can recover your wallet from a seed.


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