Online wallets are pretty safe these days because of the fact that they can really be safe with as a example 2FA.
With 2fa its indeed solved for a big part, no one can really log in easy anymorw on your accounts so that is pretty nice.
Topic: Are Online Wallets safe ? - page 3. (Read 3826 times)
With 2fa its indeed solved for a big part, no one can really log in easy anymorw on your accounts so that is pretty nice.
Online wallets are pretty safe these days because of the fact that they can really be safe with as a example 2FA.
You can estimate how safe are online wallet when you check their "features".
Some web wallets have control of your money while some doesn't have like https://www.bitcoin.com/choose-your-wallet/greenaddress
Some web wallets have control of your money while some doesn't have like https://www.bitcoin.com/choose-your-wallet/greenaddress
if you use coinbase you can't import/export, sign message
coinbase and blockchain i same about feature security
same feature 2fa
coinbase and blockchain i same about feature security
same feature 2fa
Hi
is it a good idea to store bitcoins in popular online wallets like blockchain.info or coinbase
can these wallets get hacked one day ?
is it a good idea to store bitcoins in popular online wallets like blockchain.info or coinbase
can these wallets get hacked one day ?
My opinion with blockchain.info it is secured but still no matter how secured it is as long as there are intruders who are wanting to target a site.
For sure they can do something about it same goes applies with coinbase. We cannot say what can happen, but hackers are everywhere.
If you wanted to store your bitcoins safely, just buy your own hardware.
And it aren't always hackers. It could also be a employee of the organisation why steals from inside. Just use those websites for smaller amounts. In other cases just safe them local on your pc or even better on a hardware wallet.
That's also a probability cause of why some so called hacking incident happened last year, if you know what I mean about bitfinex.
And it is what we called the inside job. But that is what I'm doing also when I was still new in bitcoin, I treat online wallets are safe.
But in the end when those issues come out, I realize that having your own hardware wallet or saving it on your computer will be better.
Coinbase don't even give you control on your private keys so Its a service to avoid unless you are trading bitcoins then you should withdraw instantly just after buying or selling.
Blockchain.info no longer gives control over your private keys , at least not a newbie friendly way and It got removed from bitcoin.org for some security requirements that they didn't meet. I would use btc.com which is acquired by bitmain or stick to desktop wallets such as Multibit or Electrum.
Blockchain.info no longer gives control over your private keys , at least not a newbie friendly way and It got removed from bitcoin.org for some security requirements that they didn't meet. I would use btc.com which is acquired by bitmain or stick to desktop wallets such as Multibit or Electrum.
What security requirements did blockchain.info miss? I still use them and have been using them for a very long time. My personal experience is overall good with no serious complaints. There were a couple of times when I couldnt connect to the site but it hardly came to anything serious like losing some BTC.
What do you think of greenaddress.it? Are they safe to use? Are the founders trustworthy?
From the Github repository of bitcoin.org : https://github.com/bitcoin-dot-org/bitcoin.org/pull/663#issuecomment-65656828
I believe that greenaddress.it are secure enough and give you control on your private keys but some reasons , not enough people are using it. Its probably due the fact that people are used to blockchain.info and keep recommending it to each other.
Thanks for the link. I have read the reviews. Most of the issues are from 3 years ago. Surely blockchain.info must have fixed them and have improved their security ever since? We have not heard of any breaches or any funds lost as of late.
What's been quoted is unfair. An employee stealing from inside is not at all possible, because it ruins his entire career as well reputation of the industry. For this reason only everywhere we can see different sections like developers, analysts, inspection, content makers and so on. If an employee makes an mistake under some inspection he will be caught red handed. In my personal opinion online wallets were much safer.
If the financial incentive is great enough, ruining their career and reputation is perfectly acceptable for some people. Keep in mind that it is much easier to steal and "hide" Bitcoins than doing the same with Dollars, for example, is.
An insider compromising blockchain.info is a legitimate concern, though I'm sure they've taken steps to minimize that risk.
Hi
is it a good idea to store bitcoins in popular online wallets like blockchain.info or coinbase
can these wallets get hacked one day ?
In my opinion it is not simple to hack because the main reason behind the loss of anything is that what will happen If a person will hack these sites/wallet . These are only written data which is readed by many online data server at per transaction.is it a good idea to store bitcoins in popular online wallets like blockchain.info or coinbase
can these wallets get hacked one day ?
So basically it is impossible to hack and change something .
I can give a positive feedback about Blockchain.info online wallet. Is it risk? Yes, the wallet can be hacked, BTCs can disappear, but they have mechanisms to make their system safe and the Bitcoins be stored safe.
If you can, use a desktop wallet, but if you don't have lots of money to be stored you can use an online wallet without problems. I'm using this service for more than 1 year now and never had any problem. I'm fine with this service and will continue using it.
If you can, use a desktop wallet, but if you don't have lots of money to be stored you can use an online wallet without problems. I'm using this service for more than 1 year now and never had any problem. I'm fine with this service and will continue using it.
Hi, I don't know how safe is online wallet, but I'm using blockchain.info, last years and never had any problems with it, I'm using it for a small amount of BTC, because no one knows what will happen future, for big amount of course I use my PC wallet, it is more secure than a web wallet
What do you mean by PC wallet? Yes web wallet are not secure but i think electrum like desktop wallet can be considered safer and as easy to use like web wallet.
Hi, I don't know how safe is online wallet, but I'm using blockchain.info, last years and never had any problems with it, I'm using it for a small amount of BTC, because no one knows what will happen future, for big amount of course I use my PC wallet, it is more secure than a web wallet
Hi
is it a good idea to store bitcoins in popular online wallets like blockchain.info or coinbase
can these wallets get hacked one day ?
-Depends how many bitcoins are you willing to store.is it a good idea to store bitcoins in popular online wallets like blockchain.info or coinbase
can these wallets get hacked one day ?
-You can use online wallets for regular day-to-day transactions involving lesser amounts Do not store more bitcoins than you can afford to lose on online wallets,
-If on blockchain.info,the first thing you do is back-up your phrase and wallet (in pdf and store it as securely as possible)
-Avoid coinbase on any costs.They're are a damn bank and not a wallet.
Coinbase don't even give you control on your private keys so Its a service to avoid unless you are trading bitcoins then you should withdraw instantly just after buying or selling.
Blockchain.info no longer gives control over your private keys , at least not a newbie friendly way and It got removed from bitcoin.org for some security requirements that they didn't meet. I would use btc.com which is acquired by bitmain or stick to desktop wallets such as Multibit or Electrum.
Blockchain.info no longer gives control over your private keys , at least not a newbie friendly way and It got removed from bitcoin.org for some security requirements that they didn't meet. I would use btc.com which is acquired by bitmain or stick to desktop wallets such as Multibit or Electrum.
What security requirements did blockchain.info miss? I still use them and have been using them for a very long time. My personal experience is overall good with no serious complaints. There were a couple of times when I couldnt connect to the site but it hardly came to anything serious like losing some BTC.
What do you think of greenaddress.it? Are they safe to use? Are the founders trustworthy?
These are the following features blockchain.info missing:
1. You cannot sign a message except if you import a network address. Signing a message is very useful in bitcoin world. Read this from Shorena https://bitcointalksearch.org/topic/how-to-sign-a-message-990345
2. There is no direct way to export your private keys
Moreover bc.i has hacked in the recent past http://thehackernews.com/2016/10/blockchain-bitcoin-website.html. I don't know anything about greenaddress.it so I am not the right person to answer.
Out of coinbase and blockchain.info i will recommend you to use blockchain as they never gonna ask your personal details and they don't have control over your funds.
If you don't spend bitcoin daily or too often, paper/hardware wallet will be enough for you. No any online wallet and exchanger can be considered safe, all of them may go down or get hacked oneday.
If you don't spend bitcoin daily or too often, paper/hardware wallet will be enough for you. No any online wallet and exchanger can be considered safe, all of them may go down or get hacked oneday.
I'd personally recommend using Blockchain.info for daily usage and storing small amounts of Bitcoin over there.
Use a hardware wallet or on offline wallet for big amounts.
Although Online wallets are not as safe as offline/hardware ones, you need them to spend Bitcoins on-the-go.
Use a hardware wallet or on offline wallet for big amounts.
Although Online wallets are not as safe as offline/hardware ones, you need them to spend Bitcoins on-the-go.
Hi
is it a good idea to store bitcoins in popular online wallets like blockchain.info or coinbase
can these wallets get hacked one day ?
is it a good idea to store bitcoins in popular online wallets like blockchain.info or coinbase
can these wallets get hacked one day ?
My opinion with blockchain.info it is secured but still no matter how secured it is as long as there are intruders who are wanting to target a site.
For sure they can do something about it same goes applies with coinbase. We cannot say what can happen, but hackers are everywhere.
If you wanted to store your bitcoins safely, just buy your own hardware.
And it aren't always hackers. It could also be a employee of the organisation why steals from inside. Just use those websites for smaller amounts. In other cases just safe them local on your pc or even better on a hardware wallet.
What's been quoted is unfair. An employee stealing from inside is not at all possible, because it ruins his entire career as well reputation of the industry. For this reason only everywhere we can see different sections like developers, analysts, inspection, content makers and so on. If an employee makes an mistake under some inspection he will be caught red handed. In my personal opinion online wallets were much safer.
It depends. It really depends on how much faith you are willing to put into someone else to keep your money safe. Bear in mind that they have no real incentive to keep your money safe but their reputation.
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Hi
is it a good idea to store bitcoins in popular online wallets like blockchain.info or coinbase
can these wallets get hacked one day ?
is it a good idea to store bitcoins in popular online wallets like blockchain.info or coinbase
can these wallets get hacked one day ?
blockchain.info and coinbase is secure wallet online and they are the most recommended by peoples which is using bitcoin. but you need to remember that its better to save your bitcoin in your own wallet like bitcoin core or in your android phone because we can directly manage our bitcoin. i am not prefer with blockchain and coinbase, i'd prefer to save it in my pc.
Hi
is it a good idea to store bitcoins in popular online wallets like blockchain.info or coinbase
can these wallets get hacked one day ?
I am using blockchain.info from start because they don't store users data (atleast they encrypt your wallet file in client side before storing in their servers) but coinbase is just like centralized payment processor which don't give you access to private key of your bitcoin address. So if coinbase got hacked, you may lost all you have while if someone successfully stole wallets files from blockchain.info than they may get hard time to decrypt those wallet files to hack bitcoin each of those wallets contains. is it a good idea to store bitcoins in popular online wallets like blockchain.info or coinbase
can these wallets get hacked one day ?
However web wallets are not best place to store high amount of bitcoin, its better to use paper wallet or hardware wallet.
They aren't safe because anything could happen at anytime online. One example is the bug from blockchain.info's wallet(Reference). If you're planning to use online wallets just put in some decent amount and put the rest on a cold storage.
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