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Author Topic: Bitcoin Storage - Newbie Question  (Read 2677 times)
LOBSTER
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December 03, 2014, 07:40:58 PM
 #21

Maybe generate a seed you can use on many devices. This will help you.
yenzae0215
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December 04, 2014, 11:00:50 AM
 #22

i suggest to use Electrum Smiley

https://electrum.org/

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December 04, 2014, 12:53:40 PM
 #23

electrum or armory!
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December 05, 2014, 09:02:35 PM
 #24

My votes for Electrum.  Keep a cold storage with the majority of your BTC in it.  Have whatever you are willing to trade on exchanges, or buy things with in a hot wallet.
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December 30, 2014, 02:58:08 PM
 #25

Thanks for all the answers guys. On a side note, I found Electrum to be a sweet service so I went with that

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sgk
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December 31, 2014, 11:05:33 AM
 #26

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

Then you should avoid BitcoinQT (core wallet) and try MultiBit (multibit.org). It takes only a few seconds to sync and use.
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December 31, 2014, 11:12:10 AM
 #27

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

Then you should avoid BitcoinQT (core wallet) and try MultiBit (multibit.org). It takes only a few seconds to sync and use.

Why ? Does BitcoinQT require to DL the blockchain ?

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Amph
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December 31, 2014, 11:48:58 AM
 #28

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

Then you should avoid BitcoinQT (core wallet) and try MultiBit (multibit.org). It takes only a few seconds to sync and use.

Why ? Does BitcoinQT require to DL the blockchain ?

yeah, but you can download it one time , and you are good to go

LOBSTER
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December 31, 2014, 11:57:02 AM
 #29

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

Then you should avoid BitcoinQT (core wallet) and try MultiBit (multibit.org). It takes only a few seconds to sync and use.

Why ? Does BitcoinQT require to DL the blockchain ?

The QT is decentralized, a wallet like Electrum communicates with centralized servers.
sgk
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December 31, 2014, 12:51:34 PM
 #30

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

Then you should avoid BitcoinQT (core wallet) and try MultiBit (multibit.org). It takes only a few seconds to sync and use.

Why ? Does BitcoinQT require to DL the blockchain ?

Yes, BitcoinQT downloads the whole blockchain data, which is usually several GB.

MultiBit is a 'lite' client which downloads most recent block info, but is equally good & secure for most users.
ranochigo
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December 31, 2014, 01:17:42 PM
 #31

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

Then you should avoid BitcoinQT (core wallet) and try MultiBit (multibit.org). It takes only a few seconds to sync and use.

Why ? Does BitcoinQT require to DL the blockchain ?

Yes, BitcoinQT downloads the whole blockchain data, which is usually several GB.

MultiBit is a 'lite' client which downloads most recent block info, but is equally good & secure for most users.
Incorrect, Multibit is a SPV client which downloads the header of every block. SPV clients trust miners to enforce the network rules, full-chain client does not trust miner this way. Bitcoin Core is currently near 27 GB, headers-first synchronization should cut down the initial sync time in the next stable release (v0.10).

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sgk
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January 01, 2015, 09:05:10 AM
 #32

MultiBit is a 'lite' client which downloads most recent block info, but is equally good & secure for most users.
Incorrect, Multibit is a SPV client which downloads the header of every block. SPV clients trust miners to enforce the network rules, full-chain client does not trust miner this way. Bitcoin Core is currently near 27 GB, headers-first synchronization should cut down the initial sync time in the next stable release (v0.10).

Thanks for correcting, I didn't know that.

And nice to know the next release of core wallet will cut down on initial sync time.
Domino
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January 01, 2015, 09:45:53 AM
 #33

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

Then you should avoid BitcoinQT (core wallet) and try MultiBit (multibit.org). It takes only a few seconds to sync and use.

Why ? Does BitcoinQT require to DL the blockchain ?

Yes, BitcoinQT downloads the whole blockchain data, which is usually several GB.

MultiBit is a 'lite' client which downloads most recent block info, but is equally good & secure for most users.
Incorrect, Multibit is a SPV client which downloads the header of every block. SPV clients trust miners to enforce the network rules, full-chain client does not trust miner this way. Bitcoin Core is currently near 27 GB, headers-first synchronization should cut down the initial sync time in the next stable release (v0.10).

The bitcoin core developers are also working hard to make an "autoprune" feature in it to allow you to run it with a small space usage, though it can't be made in version 0.10.
https://github.com/bitcoin/bitcoin/pull/4701

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