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Topic: Blockchain.info and coinbase.com - are the most used web wallets ? (Read 1613 times)

sr. member
Activity: 304
Merit: 250
PUSS Lover
People always say that Blockchain.info is good for a "daily sendings" but that's totally inacurrate. What makes you that you can't use the best and easiest / fastest wallet in the world, Bitcoin Core, for your daily sendings? It's pretty much easier and faster that Blockchain.info, it's even more safe!

Because you have to download the blockchain. Limited bandwidth or download quota could be problems for some users. If you don't have it opened on "stand by", you'll need to wait hours for it to sync before you can spend your coins.

Is coinbase good? Since so many people are using them, I should give it a go.

Coinbase may be good as a wallet, but it's definitely the worst ( or at least one of the worst ) exchange, their fees are goddamn high and even if you want a refund ( before BTC is send ) they will charge you with an insane fee. I believe that Coinbase is made just for collecting fees, they don't contribute to the community.
Ha ha ! 100% agree with you  Grin
sr. member
Activity: 280
Merit: 250
People always say that Blockchain.info is good for a "daily sendings" but that's totally inacurrate. What makes you that you can't use the best and easiest / fastest wallet in the world, Bitcoin Core, for your daily sendings? It's pretty much easier and faster that Blockchain.info, it's even more safe!

Because you have to download the blockchain. Limited bandwidth or download quota could be problems for some users. If you don't have it opened on "stand by", you'll need to wait hours for it to sync before you can spend your coins.

Is coinbase good? Since so many people are using them, I should give it a go.

Coinbase may be good as a wallet, but it's definitely the worst ( or at least one of the worst ) exchange, their fees are goddamn high and even if you want a refund ( before BTC is send ) they will charge you with an insane fee. I believe that Coinbase is made just for collecting fees, they don't contribute to the community.
hero member
Activity: 672
Merit: 500
People always say that Blockchain.info is good for a "daily sendings" but that's totally inacurrate. What makes you that you can't use the best and easiest / fastest wallet in the world, Bitcoin Core, for your daily sendings? It's pretty much easier and faster that Blockchain.info, it's even more safe!

Because you have to download the blockchain. Limited bandwidth or download quota could be problems for some users. If you don't have it opened on "stand by", you'll need to wait hours for it to sync before you can spend your coins.

Is coinbase good? Since so many people are using them, I should give it a go.
sr. member
Activity: 280
Merit: 250
People always say that Blockchain.info is good for a "daily sendings" but that's totally inacurrate. What makes you that you can't use the best and easiest / fastest wallet in the world, Bitcoin Core, for your daily sendings? It's pretty much easier and faster that Blockchain.info, it's even more safe!
legendary
Activity: 1750
Merit: 1115
Providing AI/ChatGpt Services - PM!
I think blockchain.info is the most used web based bitcoin wallet and coinbase is just next to it but personally i use coinbase cause I feel more secure with it
hero member
Activity: 910
Merit: 1000
It is impossible for them to steal your money. They can't even view your balance.
Proof?

I recently switched away from blockchain.info's wallet to a software SPV wallet that is open source and able to be verified by third parties as secure.

I don't use bc.i anymore either but FYI the way you should be using them is through their browser extensions, which are open source and verifiable by third parties.

Proof: https://github.com/blockchain/My-Wallet

Edit: https://github.com/blockchain/My-Wallet-Chrome-Extension and https://github.com/blockchain/My-Wallet-Firefox-Extension
sr. member
Activity: 304
Merit: 250
PUSS Lover
It is impossible for them to steal your money. They can't even view your balance.
Proof?

I recently switched away from blockchain.info's wallet to a software SPV wallet that is open source and able to be verified by third parties.
Hello guys, here is my personal view ---
Online wallets are always risky even if it provides maximum security. SPV wallets like as Electrum in offline mode is 100% risk free. So, my opinion is with large amounts you must use Electrum cold storage.
newbie
Activity: 30
Merit: 0
It is impossible for them to steal your money. They can't even view your balance.
Proof?

I recently switched away from blockchain.info's wallet to a software SPV wallet that is open source and able to be verified by third parties as secure.
hero member
Activity: 602
Merit: 500
In math we trust.
Hi all,

Please i want to know if Blockchain.info and coinbase.com - are the most used web wallets ?


thank you .

Yes they are , mostly Blockchain.info because Coinbase is basically an exchange more then a wallet .
But .. IT's not recommended to use them at all because It's online and you have no control on your private keys , If one of those websites gets hacked, your bitcoin are screwed . you may wanna use something like Electrum , Multibit or Bitcoin Core .
No that's wrong blockchain.info provides control over your private keys.
It is impossible for them to steal your money. They can't even view your balance.
However, using a bitcoin client(even an SPV one) is still better than any web wallet.
hero member
Activity: 910
Merit: 1000
Sure. Coinbase has millions of users. Blockchain too. Are the most reliable wallets. Coinbase is better than blockchain because have no fee when you send bitcoins. When you send bitcoins all the fees are supported and paid by the company (coinbase). What else can be asked from a such service?

Well... No fees only if your sending to another user of Coinbase. Right? Also, worth mentioning that Coinbase has been known to shutdown accounts that they are used for gambling and whatever else goes against their ToS (I haven't actually read it).
sr. member
Activity: 304
Merit: 250
PUSS Lover
Here is my suggestion --

1. Blockchain.info
2. Coinbase
3. Xapo
4. Bitgo
5. block.io
6. bitcoinwallet
7. Copay
legendary
Activity: 896
Merit: 1000
Before Mt. Gox got goxed, it was one of the most used site. And look what happened. So it's never a good idea to use web wallet. New users should quickly get their knowledge.

web wallets are ok if you only store small amounts in them. but there are newbie and regular users who use it as their main wallet with all their coins in it. that's just stupid.
sr. member
Activity: 406
Merit: 250
AltoCenter.com
Before Mt. Gox got goxed, it was one of the most used site. And look what happened. So it's never a good idea to use web wallet. New users should quickly get their knowledge.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
Hi all,

Please i want to know if Blockchain.info and coinbase.com - are the most used web wallets ?


thank you .

Yes they are , mostly Blockchain.info because Coinbase is basically an exchange more then a wallet .
But .. IT's not recommended to use them at all because It's online and you have no control on your private keys , If one of those websites gets hacked, your bitcoin are screwed . you may wanna use something like Electrum , Multibit or Bitcoin Core .

It's amazing actually how many people uses these online wallets! The risk with these wallets is much, much bigger. I guess this is just unavoidable at the moment since they are the easiest to use. We really need to simplify and to improve security.
legendary
Activity: 3248
Merit: 1070
Sure. Coinbase has millions of users. Blockchain too. Are the most reliable wallets. Coinbase is better than blockchain because have no fee when you send bitcoins. When you send bitcoins all the fees are supported and paid by the company (coinbase). What else can be asked from a such service?

coinbase on the other hand is very slow, and both are online wallet, not reliable at all like every other online wallet, also blockchain apparently it is removed from bitcoin.org

still among those web wallet that they have introduced bitgo appear to have faced some problem with one user at least

so i'm not trusting any of those
legendary
Activity: 3472
Merit: 10611
Hi all,

Please i want to know if Blockchain.info and coinbase.com - are the most used web wallets ?


thank you .

yes. but it looks like blockchain.info is the most used online wallet and most used overall wallet between new users since it is easy to use and famous. also Coinbase is popular but i think the fact that you don't have access to your private keys might turn people around.

always remember that the online wallets are the least safe wallets that you can use for keeping your bitcoins. because you are essentially relying on somebody else to keep your coins safe.
legendary
Activity: 1134
Merit: 1000
Sure. Coinbase has millions of users. Blockchain too. Are the most reliable wallets. Coinbase is better than blockchain because have no fee when you send bitcoins. When you send bitcoins all the fees are supported and paid by the company (coinbase). What else can be asked from a such service?
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
Hi all,

Please i want to know if Blockchain.info and coinbase.com - are the most used web wallets ?


thank you .

they are both easy wallets that you can use online easily but they are the safest
hero member
Activity: 686
Merit: 500
fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!
Hi all,

Please i want to know if Blockchain.info and coinbase.com - are the most used web wallets ?


thank you .

Yes, even i have a bc.i and coinbase wallet account. But it risky to store big amount there(web wallet or exchanger). Better to use a wallet which can be encrypted, https://bitcoin.org/en/choose-your-wallet my recommend is use Electrum
legendary
Activity: 2786
Merit: 1031
Blockchain.info with almost 4 million wallet users and Coinbase with 2.2 million users are certainly the most used online wallet services.

https://blockchain.info/charts/my-wallet-n-users

https://www.coinbase.com/about
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
yeah and i believe it is the first reason why there is a higher % of lost coins there, probably because the more ancient and offer the possibility to retrieve your private key as well as dumping a new one fairly easy

personally i don't use it i like core more

Will you stay with Core Amph or migrate to XBT? Just curious!

i don't know i want to see the future update about the MB limit, it seems all undecided yet, i didn't understand if chinese are ok with 8mb or not, Gavin proposal does not seem to have been accepted yet


I have Bitcoin Core amongst other wallets & a Trezor but I hope it's agreed to increase the block size. I don't want to see a split. I don't trust Hearn any way to be honest. I don't like a small number of people trying to hold so much power over bitcoin. I much prefer if we can stick with Core & just increase block sizes.
legendary
Activity: 3248
Merit: 1070
yeah and i believe it is the first reason why there is a higher % of lost coins there, probably because the more ancient and offer the possibility to retrieve your private key as well as dumping a new one fairly easy

personally i don't use it i like core more

Will you stay with Core Amph or migrate to XBT? Just curious!

i don't know i want to see the future update about the MB limit, it seems all undecided yet, i didn't understand if chinese are ok with 8mb or not, Gavin proposal does not seem to have been accepted yet
sr. member
Activity: 294
Merit: 250
Yeah blockchain and coinbase are the most used web wallets, but I reccomend you to have offline wallet because it's safer than web wallets Grin
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
Ok thank you my friends for an instant answer Wow nice forum  Shocked

if you own bigger amounts of BTC, use cold storage or a hardware wallet:

https://bitcointalksearch.org/topic/overview-bitcoin-hardware-wallets-secure-your-coins-899253


@LFC_Bitcoin

i guess he will stay on satoshis path = bigger blocks = XT.
Satoshi never wanted 1 MB blocks. that was just a temporary thing.

at least i will do that.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
yeah and i believe it is the first reason why there is a higher % of lost coins there, probably because the more ancient and offer the possibility to retrieve your private key as well as dumping a new one fairly easy

personally i don't use it i like core more

Will you stay with Core Amph or migrate to XBT? Just curious!
legendary
Activity: 1310
Merit: 1000
Hi all,

Please i want to know if Blockchain.info and coinbase.com - are the most used web wallets ?


thank you .

Yes they are , mostly Blockchain.info because Coinbase is basically an exchange more then a wallet .
But .. IT's not recommended to use them at all because It's online and you have no control on your private keys , If one of those websites gets hacked, your bitcoin are screwed . you may wanna use something like Electrum , Multibit or Bitcoin Core .

All your funds on coinbase are insured.
legendary
Activity: 3248
Merit: 1070
yeah and i believe it is the first reason why there is a higher % of lost coins there, probably because the more ancient and offer the possibility to retrieve your private key as well as dumping a new one fairly easy

personally i don't use it i like core more
newbie
Activity: 14
Merit: 0
Hi all,

Please i want to know if Blockchain.info and coinbase.com - are the most used web wallets ?


thank you .

I don't know if blockchain.info and coinbase.com are the most used web wallets but I know that me and to many others I know have both wallets. I use mostly coinbase because with it doesn't pay fee when I send bitcoins but I have another in blockchain too. Iknow even that coinbase is used by million of peoples (I don't remember the exact number but i know that are millions). Counting that bitcoin is not known to much these figures are the most significant figures that testify that both those wallets are the most used wallets for the bitcoin.
newbie
Activity: 14
Merit: 0
Ok thank you my friends for an instant answer Wow nice forum  Shocked
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Blockchain.info is good because you can obtain your own private key. It is never released to their servers or offices/employees etc (supposedly). They have suffered a few problems but as long as you have 2FA, a complicated password & get your private key you should be safe.

Coinbase are insured against bitcoin theft so you should be safe again.

They're both by far the best & most used online bitcoin wallets.
hero member
Activity: 490
Merit: 500
~ScapeGoat~
Hi all,

Please i want to know if Blockchain.info and coinbase.com - are the most used web wallets ?


thank you .

Yeah Blockchain.info is the most used webwallet. i personally recommend it to store bitcoins that are needed for daily transactions .
For higher amounts go for dekstop wallet or cold storage as blockchain.info is online wallet, you have no control over private keys and if its gets hacked then you will loose all your hard earned coins .

staff
Activity: 3500
Merit: 6152
Hi all,

Please i want to know if Blockchain.info and coinbase.com - are the most used web wallets ?


thank you .

Yes they are , mostly Blockchain.info because Coinbase is basically an exchange more then a wallet .
But .. IT's not recommended to use them at all because It's online and you have no control on your private keys , If one of those websites gets hacked, your bitcoin are screwed . you may wanna use something like Electrum , Multibit or Bitcoin Core .
newbie
Activity: 14
Merit: 0
Hi all,

Please i want to know if Blockchain.info and coinbase.com - are the most used web wallets ?


thank you .
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