Can I store my Bitcoin in My computer ? - page 4.

romero121

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Quote from: Redrose on January 14, 2017, 01:24:50 PM

Yes, you can, but be very cautious when doing it by making sure your computer is not infected with any kind of virus. Then download Electrum, this is the software I recommend you, find a very good password, very hard to bruteforce, and then, you will be ready to accept bitcoins !

As quoted be cautious while using desktop wallets. It won't gets hacked as its out of network, so no need to fear of hackers. At the same it has the chance of getting infected by error coding while plugging external hardware or on installation of software which are highly not recommended. Also it needs to be kept safe, formatting data needs several process to retain it.

Redrose

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Yes, you can, but be very cautious when doing it by making sure your computer is not infected with any kind of virus. Then download Electrum, this is the software I recommend you, find a very good password, very hard to bruteforce, and then, you will be ready to accept bitcoins !

adzino

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Quote from: bitloud on January 14, 2017, 11:07:36 AM

Hello Friends..

Can I store my bitcoins in my computer without using any online wallet like coinbase and Blockchain ? One of my Skype friend told me about it. But he dont know how to do it.
Is it possible?

You can. Download an the official desktop wallet from here . Or if you have a slow connection and want a faster wallet try using Electrum wallet. Desktop wallets are much safer than online web wallets. You have full control over your coins.

bajing

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Yes you can store bitcoin in your computer, only need to download a wallet and installed to your computer but I think this way more dangerous than you use online wallet or paper wallet.

mrjoy15

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Quote from: bitloud on January 14, 2017, 11:07:36 AM

Hello Friends..

Can I store my bitcoins in my computer without using any online wallet like coinbase and Blockchain ? One of my Skype friend told me about it. But he dont know how to do it.
Is it possible?

Hi there bitloud,
Of course,You can permission to store your bitcoin in computer but like coinbase and Blockchain these kind of online wallet could not be safe as longer.Choose a Bitcoin wallets as a store which have private keys that enable you to store your bitcoins with most security.There electrum is of them that ensure to keep your bitcoin safe.

Bitcoinsummoner

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If you have a fast internet to download much better to download the bitcoin-qt that you can found in the top left of the forum near to home button and tabs and download the whole blockchain.. but if you want a lite weight you can use electrum that you can found here https://electrum.org/#download
I'm not halving any issue in that desktop wallet.. than online wallet experience of delay and risky.

dothebeats

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Yes. it's possible. All you need to do is download an HD or lite wallet and keep your coins in there. Actually you can just buy a flash drive and never connect it to the internet unless you really need to so that your coins would be safe. You don't really need to buy those fancy hardware wallets just to keep your coins in deep cold storage. All you need is awareness and knowledge on what your doing.

darkangel11

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Quote from: bitloud on January 14, 2017, 11:47:12 AM

Quote from: Velkro on January 14, 2017, 11:36:17 AM

Thats not entirely true, you can import private key also to software wallets like electrum, multibit or bitcoin core. You don't need to import paper wallet to online wallets.
Better to keep you coins offline, paper wallet is great but software wallets are second to best and third one are online wallets.

I would like to know about paper wallet. Because it is completely offline. But I have doubt, How to do transfers (Send and Recieve).

Paper wallet like any other has private and public keys. The private key should be kept secret, because it gives you full control over the funds, while the public key is used to receive funds.
To request a payment or send money to your paper wallet, simply choose an address and send it to the payer. You can also carry a qr code with you and let someone scan it with their phone.
When you decide to make payments you should use a desktop wallet like electrum, add the private key using the "swipe" function, do all the payments and transfer the rest of the money to a new offline address.

Kprawn

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Quote from: bitloud on January 14, 2017, 11:47:12 AM

Quote from: Velkro on January 14, 2017, 11:36:17 AM

Thats not entirely true, you can import private key also to software wallets like electrum, multibit or bitcoin core. You don't need to import paper wallet to online wallets.
Better to keep you coins offline, paper wallet is great but software wallets are second to best and third one are online wallets.

I would like to know about paper wallet. Because it is completely offline. But I have doubt, How to do transfers (Send and Recieve).

The paper wallet is not meant for every day use. It is more like a piggy bank in your room. You deposit money into it, but it is not connected

to any bank account. If you want to use that money, you have to break the piggy bank open and then deposit that money into the bank to

use it. { this part, is when you sweep the private key onto a web wallet or also to software wallets like electrum, multibit or bitcoin core, like

Velkro said.

bitloud

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Quote from: Velkro on January 14, 2017, 11:36:17 AM

Thats not entirely true, you can import private key also to software wallets like electrum, multibit or bitcoin core. You don't need to import paper wallet to online wallets.
Better to keep you coins offline, paper wallet is great but software wallets are second to best and third one are online wallets.

I would like to know about paper wallet. Because it is completely offline. But I have doubt, How to do transfers (Send and Recieve).

Velkro

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Quote from: ~Bitcoin~ on January 14, 2017, 11:26:35 AM

You can also store bitcoin in paper wallet which will be completely offline but you can't move bitcoin from one address to another offline. You have to import that paper wallet address scanning private key of that address in any of the web wallet to send bitcoin out of that address. Also you can store in hardware wallet and they will stay offline till you don't connect it to your laptop.

Thats not entirely true, you can import private key also to software wallets like electrum, multibit or bitcoin core. You don't need to import paper wallet to online wallets.
Better to keep you coins offline, paper wallet is great but software wallets are second to best and third one are online wallets.

~Bitcoin~

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Lightweight wallet like electrum can be considered as way to store bitcoin within your computer/laptop.

You can also store bitcoin in paper wallet which will be completely offline but you can't move bitcoin from one address to another offline. You have to import that paper wallet address scanning private key of that address in any of the web wallet to send bitcoin out of that address. Also you can store in hardware wallet and they will stay offline till you don't connect it to your laptop.

pooya87

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yes you can, and using a desktop wallet is actually so much better than using one of those web wallets.
check out here: https://bitcoin.org/en/choose-your-wallet also this https://bitcointalksearch.org/topic/general-bitcoin-wallets-which-what-why-1631151

but remember that the safety of your wallet is only dependent on the safety of your computer. which means you should keep your computer clean, a malicious program such as a key logger can steal your coins easily.

also i suggest learning more about cold storage if you have a large amount of bitcoin.

bitloud

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Hello Friends..

Can I store my bitcoins in my computer without using any online wallet like coinbase and Blockchain ? One of my Skype friend told me about it. But he dont know how to do it.
Is it possible?

Topic: Can I store my Bitcoin in My computer ? - page 4. (Read 2397 times)