How do you store your bitcoins? - page 77.

Blackdeath

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Quote from: krunox123 on January 31, 2016, 07:19:52 AM

Quote from: yellowcat1771 on January 31, 2016, 05:53:22 AM

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

I store my Bitcoin on both online and offline wallet. Mostly on offline wallet though.
I don't really trust online wallet but I still use them to store my Bitcoin. Tongue

I store my bitcoin on online wallet, even though it's risky. But I didn't put all of my money in just one wallet but rather 3 wallet such as blockchain, coinbase and the wallet from our country which is coins.ph. I store my bitcoin in different wallet so that, even if one of these wallet does not work properly I have my other wallet to store bitcoin.

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Well I only use online wallet right now since I am only earning some small amount and converting it to some paper money to spend it,
But if I am going to keep it for a long term I think I would try it in some offline wallet for security porpuse.

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Quote from: Jeremycoin on March 12, 2017, 03:23:19 AM

Quote from: novemberwoah on March 12, 2017, 03:14:11 AM

I'm same as you, store in bitcoin wallet in my country. I store in vip.bitcoin. I prefer an online wallet like that because as long as I use no problem, and I think the security is very good. In addition to converting into currency also easy and fast, there are many good features. They also have two branch office that are still in operation, so it makes me more confident to store bitcoin.

Well, it's not even an online Bitcoin wallet, it is a trading site that allows you to store your money instead. You can still store your Bitcoin there and it is indeed has a good security system.
So it just seems weird if you call that as an 'online wallet' and liken it with coins.ph which literally an 'online wallet'.

Hehe, I'm a little concerned about the many people who understand the trading platform as bitcoin wallet. True, they provide a wallet and we can save our bitcoin there. That wallet is not really ours but belongs wholly trading platform that we use.

Based on the many threads that I read here I conclude that we should not save bitcoin in large numbers with the long term in a wallet exchanger. Although we know it have a good track record, but based on the experience of some people there. Good exchanger site, could become exchanger site that carries away your money in an instant, my advice is to remain vigilant. hehe

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Quote from: novemberwoah on March 12, 2017, 03:14:11 AM

Quote from: panganib999 on March 12, 2017, 12:02:25 AM

I store my bitcoins in bitcoin wallet, in my country we have coins.ph so that application is what I use to store my bitcoin. It has instant cashout you can convert your bitcoin into money in just few minutes. So for me online bitcoin wallet is the best.

I'm same as you, store in bitcoin wallet in my country. I store in vip.bitcoin. I prefer an online wallet like that because as long as I use no problem, and I think the security is very good. In addition to converting into currency also easy and fast, there are many good features. They also have two branch office that are still in operation, so it makes me more confident to store bitcoin.

Well, it's not even an online Bitcoin wallet, it is a trading site that allows you to store your money instead. You can still store your Bitcoin there and it is indeed has a good security system.
So it just seems weird if you call that as an 'online wallet' and liken it with coins.ph which literally an 'online wallet'.

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Quote from: panganib999 on March 12, 2017, 12:02:25 AM

I store my bitcoins in bitcoin wallet, in my country we have coins.ph so that application is what I use to store my bitcoin. It has instant cashout you can convert your bitcoin into money in just few minutes. So for me online bitcoin wallet is the best.

I'm same as you, store in bitcoin wallet in my country. I store in vip.bitcoin. I prefer an online wallet like that because as long as I use no problem, and I think the security is very good. In addition to converting into currency also easy and fast, there are many good features. They also have two branch office that are still in operation, so it makes me more confident to store bitcoin.

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Quote from: Dr.Osh on March 12, 2017, 03:17:00 AM

Quote from: panganib999 on March 12, 2017, 12:02:25 AM

I store my bitcoins in bitcoin wallet, in my country we have coins.ph so that application is what I use to store my bitcoin. It has instant cashout you can convert your bitcoin into money in just few minutes. So for me online bitcoin wallet is the best.

I guess, I save the good bitcoin is on Coinbase. Well, Coinbase provide good service, and it's also very easy to understand. I also use blockchain, because the two are almost the same wallet. well, I use it for, and a different storage.

It would still be very correct to have two purses. One for the storage of personal bitcoins, and the second for carrying out the operation to transfer bitcoin. Recently, there have been a lot of bitcoin hunters searching for the slightest user errors or even breaking passwords. Therefore, I think this way will be safe.

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Quote from: panganib999 on March 12, 2017, 12:02:25 AM

I store my bitcoins in bitcoin wallet, in my country we have coins.ph so that application is what I use to store my bitcoin. It has instant cashout you can convert your bitcoin into money in just few minutes. So for me online bitcoin wallet is the best.

I guess, I save the good bitcoin is on Coinbase. Well, Coinbase provide good service, and it's also very easy to understand. I also use blockchain, because the two are almost the same wallet. well, I use it for, and a different storage.

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Quote from: panganib999 on March 12, 2017, 12:02:25 AM

I store my bitcoins in bitcoin wallet, in my country we have coins.ph so that application is what I use to store my bitcoin. It has instant cashout you can convert your bitcoin into money in just few minutes. So for me online bitcoin wallet is the best.

wow it was very nice, I just knew that there are a wallet that can make transactions with it only takes a few minutes

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Quote from: yellowcat1771 on January 31, 2016, 05:53:22 AM

Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

I will prefer to myself to store my bitcoin only in the online storage I mean wallets like blockchain ( and only blockchain ) Because if we store bitcoin in offline storage then it may be possible that I face some problem with my computer and loss some thing in better amount .
So I will only store in the blockchain wallet And also will make up the backup of the wallet so that if any big problem came in the future with my email id then easily I can access my account .

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I store my bitcoins in bitcoin wallet, in my country we have coins.ph so that application is what I use to store my bitcoin. It has instant cashout you can convert your bitcoin into money in just few minutes. So for me online bitcoin wallet is the best.

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Quote from: BeGoods on March 11, 2017, 11:16:55 PM

Quote from: bitbob82 on March 10, 2017, 08:00:05 PM

Quote from: Mike Mayor on March 10, 2017, 06:34:11 PM

I use blockchain.info to store them and I use paper wallets for longer term. I do try some other wallets at times but I dont feel a need to use them since I like blockchain.info If I had many bitcoins then I would only trust a full qt wallet with serious amounts like that. For quick transactions online ones are far and you can't walk around running a full wallet on your phone xP

to me i personally using double wallets one is from blockchain.info and second is yobit.net. one is fo my personal use to spend bitcoin and the second is for trading and investment purposes.

I think yobit not the wallet but if you use it only for trading activities was not a problem but you have kept on standby for a third party no one is safe on the internet

Bitcoin wallet to store bitcoin such as Coinbase blockchain.info , xapo and others. Yobit is mostly a exchanger site. So perhaps more accurately when you put money in yobit actually you have deposited your money to trade, not really means you store on it . A website exchanger is not suitable for storing Bitcoin in the long term

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Quote from: bitbob82 on March 10, 2017, 08:00:05 PM

Quote from: Mike Mayor on March 10, 2017, 06:34:11 PM

I use blockchain.info to store them and I use paper wallets for longer term. I do try some other wallets at times but I dont feel a need to use them since I like blockchain.info If I had many bitcoins then I would only trust a full qt wallet with serious amounts like that. For quick transactions online ones are far and you can't walk around running a full wallet on your phone xP

to me i personally using double wallets one is from blockchain.info and second is yobit.net. one is fo my personal use to spend bitcoin and the second is for trading and investment purposes.

I think yobit not the wallet but if you use it only for trading activities was not a problem but you have kept on standby for a third party no one is safe on the internet

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Quote from: Sled on March 11, 2017, 10:53:10 PM

I used to store my bitcoins in my paper wallet because it is a safe place for me because i don't need to worry about being hacked or being stolen of my bitcoins online because it is offline and all i need is the barcode of the paper wallet and after that i can send bitcoins as much as i can but i also have a bitcoin wallet app to store my regular bitcoins for spending it online.

You must be careful when storing bitcoin, in a paper wallet as if torn, I'm not sure it can still be used. in fact very difficult to hack bitcoin network. you just need to be careful with your email. I prefer to use the online wallet, because the amount of bitcoin I had not too much.

Sled

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I used to store my bitcoins in my paper wallet because it is a safe place for me because i don't need to worry about being hacked or being stolen of my bitcoins online because it is offline and all i need is the barcode of the paper wallet and after that i can send bitcoins as much as i can but i also have a bitcoin wallet app to store my regular bitcoins for spending it online.

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Quote from: MMA on March 11, 2017, 03:06:13 PM

Quote from: DoublerHunter on March 11, 2017, 10:09:20 AM

I stored my bitcoins to my web wallet because i'm just comfortable for storing it online and i just downloaded their application so i will easily get in touch with my bitcoins when i'm using my cellphone. I don't store so much bitcoin because i convert it into fiat regularly because i can't deal with the volatile price, So i just keep a small part of my money in bitcoin and then use the majority as a fiat or real money.

yes i am also using the same method. i have multiple bitcoin wallets which i am using for different purposes, i use one bitcoin wallet for trading purpose, where i store the money that i mostly use for trading. while the other wallet i use for signature campaign and for other purposes to store or use bitcoins from that wallet, i think there are some people who are even using different online bitcoin wallet for security reasons, as they have good amount of bitcoin which they distribute in different wallets.

i think most of the people have more that two wallet. as there is no rent on bitcoin wallet and not a net price and can mere easily be created. i personally using two online wallet which i use for different purposes. c

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Quote from: DoublerHunter on March 11, 2017, 10:09:20 AM

I stored my bitcoins to my web wallet because i'm just comfortable for storing it online and i just downloaded their application so i will easily get in touch with my bitcoins when i'm using my cellphone. I don't store so much bitcoin because i convert it into fiat regularly because i can't deal with the volatile price, So i just keep a small part of my money in bitcoin and then use the majority as a fiat or real money.

That's obviously not the smartest thing you could do, but you chose for that, so that's purely on you. However, I hope that the online wallet service you use supplies you with the private keys. If the online wallet service for whatever reason is down, then you at least can gain direct access to your coins. It's an extra bit of security for yourself. If you don't have the private keys, and the service in question stays down for a while, it means you can't access your coins.

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Quote from: DoublerHunter on March 11, 2017, 10:09:20 AM

I stored my bitcoins to my web wallet because i'm just comfortable for storing it online and i just downloaded their application so i will easily get in touch with my bitcoins when i'm using my cellphone. I don't store so much bitcoin because i convert it into fiat regularly because i can't deal with the volatile price, So i just keep a small part of my money in bitcoin and then use the majority as a fiat or real money.

yes i am also using the same method. i have multiple bitcoin wallets which i am using for different purposes, i use one bitcoin wallet for trading purpose, where i store the money that i mostly use for trading. while the other wallet i use for signature campaign and for other purposes to store or use bitcoins from that wallet, i think there are some people who are even using different online bitcoin wallet for security reasons, as they have good amount of bitcoin which they distribute in different wallets.

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I stored my bitcoins to my web wallet because i'm just comfortable for storing it online and i just downloaded their application so i will easily get in touch with my bitcoins when i'm using my cellphone. I don't store so much bitcoin because i convert it into fiat regularly because i can't deal with the volatile price, So i just keep a small part of my money in bitcoin and then use the majority as a fiat or real money.

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Small amounts in paper wallets

Astvile

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I mostly store at paper wallets and online.I do store some bitcoins from my harddrive before but i lose it eventually when my hard drive collapse and i cant recover it.So i mostly store now at paper and online wallets

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