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Topic: How do you store your bitcoins? - page 111. (Read 92214 times)

full member
Activity: 154
Merit: 100
February 20, 2016, 04:08:03 AM
ok i agree with you. But i think we should keep in both online and cold wallets.
The reason being we can use online wallets to make transcations freqently and cold wallets for saving
bitcoins.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
February 20, 2016, 03:50:24 AM
By the way can anyone tell Cold storage is better than paper wallet. or both are equal in terms of security ?
I store my Bitcoin at online wallets. I like that and that is very nice to work. I hope more people will use it later. I think it is very good if you use it.

But maybe you like to store on your own computer.

No i also don't like to store on computer. I like to store them in online wallets. but i have made few online wallets and split my bitcoins.
I think this is good idea.

Maybe it's not, its more risky that the online wallet steals the btc than your pc to get virus, if you are disciplined.

You can also get a hardware wallet if you dont trust your PC.
full member
Activity: 154
Merit: 100
February 19, 2016, 11:30:10 AM
By the way can anyone tell Cold storage is better than paper wallet. or both are equal in terms of security ?
I store my Bitcoin at online wallets. I like that and that is very nice to work. I hope more people will use it later. I think it is very good if you use it.

But maybe you like to store on your own computer.

No i also don't like to store on computer. I like to store them in online wallets. but i have made few online wallets and split my bitcoins.
I think this is good idea.
sr. member
Activity: 462
Merit: 250
February 19, 2016, 11:25:32 AM
By the way can anyone tell Cold storage is better than paper wallet. or both are equal in terms of security ?
I store my Bitcoin at online wallets. I like that and that is very nice to work. I hope more people will use it later. I think it is very good if you use it.

But maybe you like to store on your own computer.
hero member
Activity: 770
Merit: 500
Bazinga!
February 19, 2016, 11:19:59 AM
By the way can anyone tell Cold storage is better than paper wallet. or both are equal in terms of security ?

paper wallet is a type of cold storage.
cold storage means storing bitcoin in a wallet or bitcoin address which was created offline.
so it can be created with any of the famous bitcoin wallets (core,armory,electrum,...) or you can find a code that creates just bitcoin address with private keys.
full member
Activity: 154
Merit: 100
February 19, 2016, 11:10:06 AM
By the way can anyone tell Cold storage is better than paper wallet. or both are equal in terms of security ?
full member
Activity: 154
Merit: 100
February 19, 2016, 11:08:38 AM
online wallets are best if you want to send / receive often. Blockchain is the best i guess. On the other hand you can keep your savings bitcoins in cold storage as it is most secure.
hero member
Activity: 1470
Merit: 655
February 19, 2016, 10:29:23 AM
i use cold storage in form of paper wallet to store most of bitcoins for long term holding and the rest small amounts are in my online (web) wallet called blockchain.info
sr. member
Activity: 252
Merit: 250
February 19, 2016, 08:24:56 AM
My Bitcoin are stored in online wallets. I like the online wallets, it works very well so that is quite good.
I hope later that more people will use online wallets. And online wallets are much cheaper too.

I only use home wallets with the BitcoinCore. I think it is better to control the bitcoin myself. I do not trust others.
hero member
Activity: 714
Merit: 500
February 19, 2016, 05:24:28 AM
My Bitcoin are stored in online wallets. I like the online wallets, it works very well so that is quite good.
I hope later that more people will use online wallets. And online wallets are much cheaper too.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
February 19, 2016, 05:21:28 AM
Some of my bitcoin is stored on online bitcoin wallet blockchain and some on gambling sites for betting. i keep some bitcoin on gambling sites like sportsbook because it's for emergency.
Emergency in gambling. This is new word. But great Idea. We always need to have some funds in our casino wallets to bet immediately to get cope up any emergency.

Sounds like the casinos are the new cold storage.

Gamblers should really take back a few steps and put aside a few coins just for safety, just limit your gambling.
hero member
Activity: 2520
Merit: 605
February 19, 2016, 04:58:02 AM
Some of my bitcoin is stored on online bitcoin wallet blockchain and some on gambling sites for betting. i keep some bitcoin on gambling sites like sportsbook because it's for emergency.
Emergency in gambling. This is new word. But great Idea. We always need to have some funds in our casino wallets to bet immediately to get cope up any emergency.
legendary
Activity: 1137
Merit: 1000
February 19, 2016, 03:35:43 AM
I usually keep most of my coins in Blockchain wallet, that I also will have linked to my phone, but I try to make it as secure as possible, i restrict the IP addresses that can be used to log on, 2FA, and a real strong password.  Plus, i rarely have more than 2BTC at one time, and if i did, I would split it up into two separate wallets. 
hero member
Activity: 1190
Merit: 500
February 19, 2016, 03:01:53 AM
Some of my bitcoin is stored on online bitcoin wallet blockchain and some on gambling sites for betting. i keep some bitcoin on gambling sites like sportsbook because it's for emergency.

my advice. do not too much hold your bitcoin on gambling sites, the site maybe could down and scam
hero member
Activity: 518
Merit: 500
February 18, 2016, 09:51:18 PM
blockchain. maybe this best third party i think.
for desktop wallet im using electrum
sr. member
Activity: 420
Merit: 250
February 18, 2016, 09:32:40 PM
Some of my bitcoin is stored on online bitcoin wallet blockchain and some on gambling sites for betting. i keep some bitcoin on gambling sites like sportsbook because it's for emergency.
hero member
Activity: 1008
Merit: 510
February 18, 2016, 09:19:26 PM
I have some bitcoins at coinbase and some in paper wallets (and cryptsy has the rest).
hero member
Activity: 658
Merit: 500
February 18, 2016, 09:02:16 PM
I store my bitcoins in a online wallet with a 3 way authentication, its pretty nice and secure.
There are a lot other methods to store your bitcoins, with a cold storage as a example.
lol it will be very secure dude. even the best hacker will not be able to hack your account lol. I myself only use one authentication, ie only sms authy. safe enough for me. I have not been hacked after using it
full member
Activity: 126
Merit: 100
February 18, 2016, 06:12:54 PM
Today I'm not currently holding any coins at the moment but usually I keep them on an exchange. Terrible practice really, I know, but one day (hopefully not too late) I will pull them out of the exchange and into cold storage and some kind of hot wallet setup for my own consumption.
hero member
Activity: 630
Merit: 500
February 18, 2016, 06:09:57 PM
Cold storage for the vast majority but I always keep a few BTCs on active wallets like mobile wallet and laptop wallet.
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