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Author Topic: Bitcoin Storage - Newbie Question  (Read 2621 times)
BTCXE
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November 13, 2014, 03:26:16 PM
 #1

Hello bitcoin sages,

Could you please tell me: Is there a way to store bitcoin on a laptop/ usb drive / mobile without needing a lot of HDD / SD card space ?

I need a wallet / solution file that would not take up space, yet be accessible at (a fairly) short notice

Much love

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November 13, 2014, 03:30:09 PM
 #2

You should look at one of the "lighter" wallets such as Multibit (https://bitcoin.org/en/choose-your-wallet for choices).

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November 13, 2014, 03:36:16 PM
 #3

Electrum is pretty great. You don't have to download the entire blockchain and become a node. It's my personal favorite wallet for Windows.

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November 13, 2014, 03:36:58 PM
 #4

Take a look at your options here: https://bitcoin.org/en/choose-your-wallet

Outside of Bitcoin Core and Armory, most wallets are lightweight.
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November 13, 2014, 05:12:17 PM
 #5

Hello bitcoin sages,

Could you please tell me: Is there a way to store bitcoin on a laptop/ usb drive / mobile without needing a lot of HDD / SD card space ?

I need a wallet / solution file that would not take up space, yet be accessible at (a fairly) short notice

Much love

Don't download the official qt one if you want to save space. Go for a lite client which you can use right away. You could also use an online blockchain.info wallet.
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November 13, 2014, 05:23:38 PM
 #6

Hello bitcoin sages,

Could you please tell me: Is there a way to store bitcoin on a laptop/ usb drive / mobile without needing a lot of HDD / SD card space ?

I need a wallet / solution file that would not take up space, yet be accessible at (a fairly) short notice

Much love

Just make a paper wallet that you store on a laptop, on your usb drive or on a mobile but it would be better to encrypt the wallet, the paper wallet and to make at least one back-up because you don't want to lose your bitcoins if you lose or destroy your usb or your mobile
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November 13, 2014, 06:49:33 PM
 #7

Electrum or Armory, if using a mac, I think multibit is an option too. Otherwise, coinbase works well.
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November 14, 2014, 08:24:49 AM
 #8

Hello bitcoin sages,

Could you please tell me: Is there a way to store bitcoin on a laptop/ usb drive / mobile without needing a lot of HDD / SD card space ?

I need a wallet / solution file that would not take up space, yet be accessible at (a fairly) short notice

Much love
funny you asked this
i just found this thread a couple of hours ago at Bitcoin Discussion section:
https://bitcointalk.org/index.php?topic=853288.msg9538526
take a look, it is an step by step guide

p.s. haven't tried it myself YET

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November 14, 2014, 09:51:36 AM
 #9

Hello bitcoin sages,

Could you please tell me: Is there a way to store bitcoin on a laptop/ usb drive / mobile without needing a lot of HDD / SD card space ?

I need a wallet / solution file that would not take up space, yet be accessible at (a fairly) short notice

Much love
funny you asked this
i just found this thread a couple of hours ago at Bitcoin Discussion section:
https://bitcointalk.org/index.php?topic=853288.msg9538526
take a look, it is an step by step guide

p.s. haven't tried it myself YET

Thanks, will try this out.
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November 14, 2014, 02:07:31 PM
 #10

Thanks guys, ill take the time to explore the options

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November 14, 2014, 03:15:35 PM
Last edit: November 14, 2014, 03:31:41 PM by ranochigo
 #11

SPV wallets are the wallet you are looking for. Hive wallets, multibit, electrum are a few open-sourced wallets. I would recommend you to review the source code before you use the wallet. Reviewing the source code for suspicious codes could reduce the chances of you getting bitcoins stolen or wallet infected. Never use online wallets that store your Bitcoins on the central wallet, for example, exchanges, coinbase or casino. For Blockchain.info however, you can have the full control of your private key and the password or unencrypted version of the private key will never be stored on their server. If they get hacked, your wallet most likely would not get compromised since bruteforcing takes a lot of time.

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November 14, 2014, 05:26:52 PM
 #12

Electrum ftw.
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November 14, 2014, 06:21:06 PM
 #13

A light wallet is the way to go. Bitcoin qt is a ballache waiting for it to synch. You could also try Paper wallets but I don't trust them myself (or should I say I dont trust myself to create them 100% securely).
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November 14, 2014, 07:58:13 PM
 #14

Throwing in my vote for Electrum or Armory. Both of them work great.
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November 14, 2014, 08:11:32 PM
 #15

Electrum or multibit never got into Armory though but it's most secure out there.
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November 15, 2014, 09:45:08 AM
 #16

A light wallet is the way to go. Bitcoin qt is a ballache waiting for it to synch. You could also try Paper wallets but I don't trust them myself (or should I say I dont trust myself to create them 100% securely).

can u recommend any good physical wallets ?

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November 15, 2014, 12:57:16 PM
 #17

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November 15, 2014, 10:34:06 PM
 #18

I prefer two storages, one on a desktop wallet, and the other to my cold wallet for safe keeping eventually to be bigger then my desktop wallet balance.
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December 03, 2014, 04:30:29 PM
 #19

I prefer two storages, one on a desktop wallet, and the other to my cold wallet for safe keeping eventually to be bigger then my desktop wallet balance.

I agree with you, everyone having an important amount of bitcoins (for some it's 1BTC for others 100) should keep a large portion of it in cold store.

Cold storage can simply be a paper wallet that has been created off-line.
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December 03, 2014, 06:59:50 PM
 #20

A light wallet is the way to go. Bitcoin qt is a ballache waiting for it to synch. You could also try Paper wallets but I don't trust them myself (or should I say I dont trust myself to create them 100% securely).

can u recommend any good physical wallets ?

Best physical wallet is to make a paper wallet then lock it in a safe deposit box or home safe:

https://www.bitaddress.org

https://bitcoinpaperwallet.com/

If you'd like a hardware wallet, then Trezor is the way to go:

https://www.bitcointrezor.com/

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