Pages:
Author

Topic: Do you have any problems with your online wallet (Read 2264 times)

hero member
Activity: 770
Merit: 500
My online wallet is blockchain.info. I have last 3years but never had any problem from it, I never use coinbase.com because has many restrictions. . coinbase.com blocked my account because I deposited from the casino,
That is the most common reason behind blocked/suspended accounts, mostly Xapo and Coinbase have this problem.
Did you recover your account's balance? They freeze your account but let you withdraw, right?


That is the bad things in online wallets that is why most of the people are suggesting for to use desktop wallets for bitcoin. Some of the online wallets freeze the accounts along with funds and some may allow to withdraw the funds and lock the account like xapo which allow the members to withdraw the funds and after that they delete the account.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
My online wallet is blockchain.info. I have last 3years but never had any problem from it, I never use coinbase.com because has many restrictions. . coinbase.com blocked my account because I deposited from the casino,

Coinbase is an exchange company so expect some restrictions like that, blockchain on the other hand is purely a web wallet. Also they are dealing with buy and sell bitcoin options aside from other services they are offering. Basically they are an active company performing what a company must supposed to do invloving money. How can they faced the laws they are under now if they will not have at least some information of their clients. About the blocking issue, they really told you that your account was blocked because you deposited from a casino?

But you know if that kind of thing is really out of your line then it's fine if you will not use it anymore.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
My online wallet is blockchain.info. I have last 3years but never had any problem from it, I never use coinbase.com because has many restrictions. . coinbase.com blocked my account because I deposited from the casino,
That is the most common reason behind blocked/suspended accounts, mostly Xapo and Coinbase have this problem.
Did you recover your account's balance? They freeze your account but let you withdraw, right?

sr. member
Activity: 266
Merit: 250
My online wallet is blockchain.info. I have last 3years but never had any problem from it, I never use coinbase.com because has many restrictions. . coinbase.com blocked my account because I deposited from the casino,
sr. member
Activity: 658
Merit: 251
VIMee - Social Network
I am currently using coinbase.com as a bitcoin wallet for myself and i find it a little bit inconvenient because Coinbase's system try to prevent people from gambling. They can block our account if we gamble too much. If i had a chance to redesign coinbase, i would remove this function forever


The best wallet till now i am using blockchain.info, till now i never faced any problem with it now at present they provide lot more security to people who are using blockchain.info. Even when ever there is a price change in the market it will automatically updates in back office.
hero member
Activity: 826
Merit: 502
I ever sent bitcoin with wallet blockchain.info, the time to get a confirmation long, almost 2 hours I can 1 confirmation and 7 hours to get 4 confirmation. I was worried, but finally relief as well.
That problem is not because of blockchain.info but sometimes the crowd of transactions are too much and then for the confirmations which happen at that time take some more time. By the way blockchain automatically select the suitable fees for the transaction to boost up the transaction.
legendary
Activity: 1302
Merit: 1018
Cashback 15%
Im using blockchain and coinbase online web wallet and soo far i dont experience lost funds on my accounts or wallet but previously coinbase does have issues or rumors that it is being hacked but luckily they were able to clear it up and just made a maintainance which really gives false alarms on their users.
full member
Activity: 224
Merit: 100
I ever sent bitcoin with wallet blockchain.info, the time to get a confirmation long, almost 2 hours I can 1 confirmation and 7 hours to get 4 confirmation. I was worried, but finally relief as well.
member
Activity: 86
Merit: 10
I only use offline wallets but when I do use a online wallet I never ever have problems, the blockchain wallet is my online wallet and its working great without any problems.
member
Activity: 89
Merit: 10
Nope there is not really happening something with my online wallet and its pretty good secured, can easily access it too so, nope.
hero member
Activity: 826
Merit: 502
only use blockchain, because of the problem in coinbase that what you said, sometimes i do gambling and they cam freeze your account because of it , afraid if my account got freezed, i never use coinbase

I also do not use coinbase because of that, if you gamble your account can get limited and than you are fucked for life, I think blockchain is way better in that fact.
It is the case with all online wallets including blockchain. I've heard of cases with xapo and coinbase more compared to blockchain but it's not that blockchain doesn't track or won't track our expenses.

It is safest to use offline/physical wallets for gambling instead of an online wallet even if you have access to your private keys.
I thing that problem is only with coinbase web wallet because I do not have faced the problem with my other web wallets and not have heard from any other bitcoin user to claim the issue with any other web wallet but only with coinbase.
Internet is full of complaints about Xapo. They lock users accounts and ask for verification, same as Coinbase. And Xapo sometimes is very slow to verify documents and it's hard to get answer from their support.
I use both of these wallets, but so far didn't faced any problems and they didn't asked me to send documents.
Yeah I know that internet is full of the complaints against xapo  but there is no any complaint which claim that xapo has blocked their account for the usage of it for gambling. The complaints are only of the case that they ask documents and lock the accounts without any reason.
hero member
Activity: 2884
Merit: 620
I never had any problems with my wallet, and I also do protect them good so maybe that is the fact it does not get into any problems, sometimes the transactions are slow but that's all.

I also do not had any problems with any wallets since 2 years back, everything is working fine and I never had any issues.

May I know what is the wallet that you have been using for 2 years? I just want to know if we have the same wallet.

I've been using blockchain for several months and I can say that is good enough and I don't have problems with it either.

Even the fees that are deducted automatically, I don't see it as a problem as it is going to be paid for the miners.
hero member
Activity: 2926
Merit: 722
I am currently using coinbase.com as a bitcoin wallet for myself and i find it a little bit inconvenient because Coinbase's system try to prevent people from gambling. They can block our account if we gamble too much. If i had a chance to redesign coinbase, i would remove this function forever

You cant do anything about it because coinbase is somehow following some rules by the government and using it on gambling is not really advisable because you are violation their ToS and they would surely block or freeze your account.For now,i don't have any problems regarding on my online wallet which is blockchain.info and the one thing that I could complain sometimes is the transaction confirmations times.
legendary
Activity: 3038
Merit: 1330
Slava Ukraini!
only use blockchain, because of the problem in coinbase that what you said, sometimes i do gambling and they cam freeze your account because of it , afraid if my account got freezed, i never use coinbase

I also do not use coinbase because of that, if you gamble your account can get limited and than you are fucked for life, I think blockchain is way better in that fact.
It is the case with all online wallets including blockchain. I've heard of cases with xapo and coinbase more compared to blockchain but it's not that blockchain doesn't track or won't track our expenses.

It is safest to use offline/physical wallets for gambling instead of an online wallet even if you have access to your private keys.
I thing that problem is only with coinbase web wallet because I do not have faced the problem with my other web wallets and not have heard from any other bitcoin user to claim the issue with any other web wallet but only with coinbase.
Internet is full of complaints about Xapo. They lock users accounts and ask for verification, same as Coinbase. And Xapo sometimes is very slow to verify documents and it's hard to get answer from their support.
I use both of these wallets, but so far didn't faced any problems and they didn't asked me to send documents.
hero member
Activity: 826
Merit: 502
only use blockchain, because of the problem in coinbase that what you said, sometimes i do gambling and they cam freeze your account because of it , afraid if my account got freezed, i never use coinbase

I also do not use coinbase because of that, if you gamble your account can get limited and than you are fucked for life, I think blockchain is way better in that fact.
It is the case with all online wallets including blockchain. I've heard of cases with xapo and coinbase more compared to blockchain but it's not that blockchain doesn't track or won't track our expenses.

It is safest to use offline/physical wallets for gambling instead of an online wallet even if you have access to your private keys.
I thing that problem is only with coinbase web wallet because I do not have faced the problem with my other web wallets and not have heard from any other bitcoin user to claim the issue with any other web wallet but only with coinbase.
sr. member
Activity: 406
Merit: 252
Veni, Vidi, Vici
I am currently using coinbase.com as a bitcoin wallet for myself and i find it a little bit inconvenient because Coinbase's system try to prevent people from gambling. They can block our account if we gamble too much. If i had a chance to redesign coinbase, i would remove this function forever


I don't know why coinbase follows this kind of policy. Recently I read a very good article where coinbase tracking user funds if they spend their coins in gambling and adult sites even though they reselling in other exchanges and may be bans them. There are many user complaints; some of them you can take a look here https://99bitcoins.com/coinbase-review-6-controversial-issues/
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
Problem?  Yes of course,  Here are some of them.

1). They don't give private keys
2). They can block/freeze your account
3). They can ran away with your coins
4). They are commonly the target of hacking groups
5). Need to verify your account to do some things ex. transactions with gambling sites

So It will be best to just store small amounts of bitcoin in an online wallet cause it is risky

These are possibilities of issues that can happen, but did one of those items already happened to you? Did you already have any issue with an online wallet?

Because risks there are everywhere, we are under risks everytime, but I can tell you even being in risk I never had any of those problems. The worse thing can happen is a hacker attack, this is irreversible, but if you are using a legit service with guarantees, their support will help you on others difficulties.
hero member
Activity: 644
Merit: 500
only use blockchain, because of the problem in coinbase that what you said, sometimes i do gambling and they cam freeze your account because of it , afraid if my account got freezed, i never use coinbase
Even if your account gets closed by coinbase, you can still withdraw your funds from it for the last time and then you won't be able to login again or use that address ever after.
The problem with blockchain is that even if you are the owner of the keys, still you cannot sign a message. Earlier version of blockchain had this feature afaik.

coinbase never open service private key and sign message
coinbase wallet is same exchanger wallet can't anything only send and receive payment
if receive from ilegal site, gambling and more your coinbase account blocked and freezed
member
Activity: 71
Merit: 10
I never had any problems with my wallet, and I also do protect them good so maybe that is the fact it does not get into any problems, sometimes the transactions are slow but that's all.

I also do not had any problems with any wallets since 2 years back, everything is working fine and I never had any issues.
sr. member
Activity: 406
Merit: 250
Wolf
Problem?  Yes of course,  Here are some of them.

1). They don't give private keys
2). They can block/freeze your account
3). They can ran away with your coins
4). They are commonly the target of hacking groups
5). Need to verify your account to do some things ex. transactions with gambling sites

So It will be best to just store small amounts of bitcoin in an online wallet cause it is risky
Pages:
Jump to: