Blockchain.info | Bitcointalksearch.org

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legendary

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Quote from: chanlance on December 08, 2015, 02:00:50 PM

just thought i ask.....is investing in he trezor hardware wallet worth it

Yes! Assuming you have more than, say, $400 or so in Bitcoin.

I keep a small balance at blockchain.info, mostly for receiving payments, then sending them on to bitmixer.io and/or blockchain.info's SharedCoin service on the way to my Trezor.

HarryKPeters

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Activity: 896

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Live Stars - Adult Streaming Platform

Quote from: Allution on December 08, 2015, 12:26:06 PM

Thank you for the info.
I am going to download Bitcoin Core and store my Bitcoins there.
Malware Bytes + Bit-defender are already installed on the PC, so i suppose I will be safe if i do not download every shit program that is on youtube, etc.
I am going to store private keys offline or on a usb.

Any further advise?

Regards

I would advise you to store keys and password seperate. I stored half of my passprase online and the other half on 2 USB's of which one also have my wallet.dat.
This combination feels safe to me.

chanlance

full member

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just thought i ask.....is investing in he trezor hardware wallet worth it

Allution

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Activity: 254

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No legacy is so rich as honesty.

Thank you for the info.
I am going to download Bitcoin Core and store my Bitcoins there.
Malware Bytes + Bit-defender are already installed on the PC, so i suppose I will be safe if i do not download every shit program that is on youtube, etc.
I am going to store private keys offline or on a usb.

Any further advise?

Regards

twister

hero member

Activity: 672

Merit: 502

Quote from: enhu on December 08, 2015, 08:05:22 AM

Quote from: ranochigo on December 07, 2015, 10:30:45 AM

Blockchain.info is not affected in this way. They allow users to export private key which would give the user full access to the funds even if they are down. They don't have your unencrypted private key in the first place.

Good to know that. Granted that a user had exported his private key, how would he access his wallet while site is down? And can he still send the funds to another wallet?

If you have the keys, you can import it into any other wallet like, Core, Electrum etc. and take hold of your funds.

enhu

legendary

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Quote from: ranochigo on December 07, 2015, 10:30:45 AM

Blockchain.info is not affected in this way. They allow users to export private key which would give the user full access to the funds even if they are down. They don't have your unencrypted private key in the first place.

Good to know that. Granted that a user had exported his private key, how would he access his wallet while site is down? And can he still send the funds to another wallet?

twister

hero member

Activity: 672

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Blockchain.info wallet is no longer listed at the recommended wallets list at the https://bitcoin.org/en/choose-your-wallet, they were listed there at one time but they were removed, surely they must have done something wrong which caused their removal. That should be enough to make people understand that its not safe, you can keep a small amount of bitcoins there but even that is at risk and why take any risks when there are so many other safer options available.

gkv9

legendary

Activity: 1246

Merit: 1000

!!! RiSe aBovE ThE StoRm !!!

@OP,
No wallets are safe unless you have an offline wallet with your private keys stored somewhere in some safe disk or blades (pendrives)...
Even blockchain.info wallets get hacked, I am myself seeing somebody trying to login into my account, thanks to myself I had 2-Factor Authentication enabled on my wallet...

RodeoX

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The revolution will be monetized!

Quote from: pedrog on December 07, 2015, 01:32:37 PM

Quote from: RodeoX on December 07, 2015, 01:07:15 PM

Quote from: pedrog on December 07, 2015, 09:27:52 AM

With blockchain.info you have the private keys, mtgox was the one with the private keys.

Blockchain.info you own the coins, with mtgox it was mtgox who owned the coins, cryptographically speaking...

Yes, its a better system for users because of this. Of course you are still needing to trust the functionality of the website and that it has close to 100% uptime.

Correct, assuming Blockchain.info claims are true.

If you have your keys you don't need 100% uptime, has you'll be able to move your coins if blockchain.info isn't available.

That's a good point. If you had the private keys then you could go to a different wallet. For those new to the system, it's all about that private key. With it everything is fixable, without it there is no hope.

pedrog

legendary

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Quote from: RodeoX on December 07, 2015, 01:07:15 PM

Quote from: pedrog on December 07, 2015, 09:27:52 AM

With blockchain.info you have the private keys, mtgox was the one with the private keys.

Blockchain.info you own the coins, with mtgox it was mtgox who owned the coins, cryptographically speaking...

Yes, its a better system for users because of this. Of course you are still needing to trust the functionality of the website and that it has close to 100% uptime.

Correct, assuming Blockchain.info claims are true.

If you have your keys you don't need 100% uptime, has you'll be able to move your coins if blockchain.info isn't available.

InvoKing

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Quote from: RodeoX on December 07, 2015, 01:07:15 PM

Quote from: pedrog on December 07, 2015, 09:27:52 AM

With blockchain.info you have the private keys, mtgox was the one with the private keys.

Blockchain.info you own the coins, with mtgox it was mtgox who owned the coins, cryptographically speaking...

Yes, its a better system for users because of this. Of course you are still needing to trust the functionality of the website and that it has close to 100% uptime.

Close to 100% uptime is ~true but during attacks/ddos which happened frequently in the previous months , you will have a nightmare, i used blockchain.info for almost a year but I finally gave up and let only my empty address to sign a message with it if needed.

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

Quote from: pedrog on December 07, 2015, 09:27:52 AM

With blockchain.info you have the private keys, mtgox was the one with the private keys.

Blockchain.info you own the coins, with mtgox it was mtgox who owned the coins, cryptographically speaking...

Yes, its a better system for users because of this. Of course you are still needing to trust the functionality of the website and that it has close to 100% uptime.

prodigy8

hero member

Activity: 532

Merit: 500

Quote from: subSTRATA on December 07, 2015, 10:55:45 AM

Quote from: Amph on December 07, 2015, 10:13:10 AM

the only safe online wallet would be coinbase, because they have insurance against losses of money especially vs hacker

and because they are heavily regulated and in touch with IRS itself

coinbase isnt a wallet; if you yourself do not control the private keys, its not a wallet. its just a place you can store your bitcoin relatively safely.

I would call coinbase a type of online or web wallets but it has an option for Vault

OP, whatever you use be sure you are safe yourself, your devices and then check the company service.

Both coinbase and xapo does not offer private keys but they are pretty good to safe little amount of bitcoin.

richardsNY

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I don't recommend any one to store their coins online. No matter if it is at blockchain.info or on an exchange. Companies can mostly be trusted, but there are always hackers and thiefs inside the company itself performing an inside job. I like the saying ; 1 Bitcoin offline is worth more than 2 Bitcoins online.

subSTRATA

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:^)

Quote from: Amph on December 07, 2015, 10:13:10 AM

the only safe online wallet would be coinbase, because they have insurance against losses of money especially vs hacker

and because they are heavily regulated and in touch with IRS itself

coinbase isnt a wallet; if you yourself do not control the private keys, its not a wallet. its just a place you can store your bitcoin relatively safely.

Amph

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Quote from: ranochigo on December 07, 2015, 10:30:45 AM

Quote from: Amph on December 07, 2015, 10:13:10 AM

the only safe online wallet would be coinbase, because they have insurance against losses of money especially vs hacker

and because they are heavily regulated and in touch with IRS itself

Coinbase insurance only covers inside hacks. If you get hacked due to a malware, it is in no way covered.

well if you get hacked because of malware it's your fault, and no client is secure in this case, so this is another story

ranochigo

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Quote from: Amph on December 07, 2015, 10:13:10 AM

the only safe online wallet would be coinbase, because they have insurance against losses of money especially vs hacker

and because they are heavily regulated and in touch with IRS itself

Coinbase insurance only covers inside hacks. If you get hacked due to a malware, it is in no way covered.

Quote from: azeminjo09 on December 07, 2015, 10:24:49 AM

Keep small amount of BTC at online wallet, and big one on desktop or paper wallet. If web wallet goes down you lose all your BTC

Blockchain.info is not affected in this way. They allow users to export private key which would give the user full access to the funds even if they are down. They don't have your unencrypted private key in the first place.

calkob

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Activity: 1106

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i used Blockchain at first when i started using bitcoin because of its ease of use and the fact that it is a reputable bitcoin business, however once i read about bitcoin security and inpaticualer the bug in their address last year i removed all my bitcoin to paper wallets which i now have as watch only addresses in blockchain.

now i have the best of both worlds, ease off use and great security Grin

azeminjo09

sr. member

Activity: 249

Merit: 250

Keep small amount of BTC at online wallet, and big one on desktop or paper wallet. If web wallet goes down you lose all your BTC

anthonycamp

sr. member

Activity: 322

Merit: 250

i use multibit HD not the on line but to see the blocks i do connect to that site and the confirms but the wallet there i dont use never the less its for just a few satoshis but if wes more i would store into a pen multibitHD

Topic: Blockchain.info (Read 1105 times)