How do you store your bitcoins? - page 87.

ReLieD

sr. member

Activity: 546

Merit: 255

Like are you asking where do we store bitcoins
or like how do we manage to store bitcoins.

For the answer to the first question.
Most of the people trust blockchain to store theirBTC
but there are many other wallets where you can store bitcoins.
Now coming to the next question
many people do store bitcoins as they have a greed in them like when the value of BTCBTC increase they will convert it into their currency.
But few people prefer to use it rather and satisfy themselves

kryptqnick

legendary

Activity: 3234

Merit: 1399

Join the world-leading crypto sportsbook NOW!

I use a wallet on the blockchain, because it is free, easy to use and the security system seems very strong to me. Every time I have to enter ID, password, get a confirmation letter on my email and confirm the attempt to log in. Then if everything is okay I can enter my wallet on another link. And blockchain is warning me that I'm not really secured. Well, I think the system is reliable and I don't want to pay for keeping my btc.

Vannterson

newbie

Activity: 55

Merit: 0

I store my bitcoins into a paper wallet because that is just very safe and its offline so you cannot access it easily too.

wxa7115

hero member

Activity: 2702

Merit: 704

Bitcoin is GOD

Quote from: GMPoison on January 08, 2017, 05:56:07 PM

Quote from: BitHodler on January 08, 2017, 05:39:35 PM

Quote from: GMPoison on January 08, 2017, 04:40:30 PM

Quote from: wxa7115 on January 08, 2017, 02:52:55 PM

I store my bitcoin in a desktop wallet in a computer that is encrypted and never online, it is a mistake to store an significant amount of money in an online wallet since you are not the sole possessor of your private keys and you are subject to hacks.

Some would also say it's a mistake to store a huge amount of bitcoins on a computer - offline or online - as they're so susceptible by nature to a variety of disasters, versus something such as an encrypted multisig paper wallets.

I don't know any of them, but if there are people that really think like that, then literally no form of storing coins will nurse their feeling of security. It's beyond being ultra paranoid.

From my understanding, there is no better option than storing your digital wallet files offline in numerous usb drives and other hdd's.

That also goes up for paper wallets if they are created under the right circumstances. That's why it comes handy to have an old fashion printer without any features beside its main purpose.

USB's are just computers which means they're just as susceptible as desktop apps. I don't think one can be ultra paranoid when it comes to their life savings (which is the amount of coins I'm saying that computers aren't secure enough, I'm talking about a lot).

Believe me, I know how susceptible and prone to breaking computers can be, but since I have knowledge in computers I prefer to deal with those risk than to risk to create a paper wallet, and then worry for fires, thieves, deterioration of the paper, damage by water and a long string of other risks that I’m not prepared to deal with.

Vasilije69

sr. member

Activity: 434

Merit: 250

I store bitcoin in electric wallets on my computer.

Viscount

sr. member

Activity: 243

Merit: 250

I use several comptuters with different wallets on them

Yakamoto

legendary

Activity: 1218

Merit: 1007

I have an overwhelming portion of the Bitcoin I owned stored either in a lightweight wallet I own or I have them stored on an online wallet hosted by blockchain.

If I cared more about the security of small amounts of funds I would be placing a lot more of them into wallets I have on external hard drives I have stored away.

bitbob82

hero member

Activity: 630

Merit: 500

Quote from: Akichan304 on January 04, 2017, 10:39:47 PM

I store my bitcoins at Coinbase wallet. I think it can be stolen, this is a reason why I don't really trust online wallet, but I still use it @-@

to me i store my bitcoin in blockchain and yobit to me i think it s one of the most trusted and secure online wallet i do not prefer to any other wallet because i always consider blockcain and yobit the best online wallet.

coolcoinz

legendary

Activity: 2744

Merit: 1174

I'm using a desktop wallet, Electrum to be specific. I'd be afraid of using a paper wallet, it can get damaged really easily and I find storing documents hard and annoying . It's easier to keep the file on a usb stick.

Quote from: Playboi on January 04, 2017, 07:42:42 PM

threads full of idiots who don't know what they're talking about.
Your coins are as safe as you want em to be. Just don't click any weird links

At least some of them start their posts with a capital letter Wink

GMPoison

sr. member

Activity: 434

Merit: 250

Quote from: BitHodler on January 08, 2017, 05:39:35 PM

Quote from: GMPoison on January 08, 2017, 04:40:30 PM

Quote from: wxa7115 on January 08, 2017, 02:52:55 PM

I store my bitcoin in a desktop wallet in a computer that is encrypted and never online, it is a mistake to store an significant amount of money in an online wallet since you are not the sole possessor of your private keys and you are subject to hacks.

Some would also say it's a mistake to store a huge amount of bitcoins on a computer - offline or online - as they're so susceptible by nature to a variety of disasters, versus something such as an encrypted multisig paper wallets.

I don't know any of them, but if there are people that really think like that, then literally no form of storing coins will nurse their feeling of security. It's beyond being ultra paranoid.

From my understanding, there is no better option than storing your digital wallet files offline in numerous usb drives and other hdd's.

That also goes up for paper wallets if they are created under the right circumstances. That's why it comes handy to have an old fashion printer without any features beside its main purpose.

USB's are just computers which means they're just as susceptible as desktop apps. I don't think one can be ultra paranoid when it comes to their life savings (which is the amount of coins I'm saying that computers aren't secure enough, I'm talking about a lot).

BitHodler

legendary

Activity: 1526

Merit: 1179

Quote from: GMPoison on January 08, 2017, 04:40:30 PM

Quote from: wxa7115 on January 08, 2017, 02:52:55 PM

I store my bitcoin in a desktop wallet in a computer that is encrypted and never online, it is a mistake to store an significant amount of money in an online wallet since you are not the sole possessor of your private keys and you are subject to hacks.

Some would also say it's a mistake to store a huge amount of bitcoins on a computer - offline or online - as they're so susceptible by nature to a variety of disasters, versus something such as an encrypted multisig paper wallets.

I don't know any of them, but if there are people that really think like that, then literally no form of storing coins will nurse their feeling of security. It's beyond being ultra paranoid.

From my understanding, there is no better option than storing your digital wallet files offline in numerous usb drives and other hdd's.

That also goes up for paper wallets if they are created under the right circumstances. That's why it comes handy to have an old fashion printer without any features beside its main purpose.

shorena

copper member

Activity: 1498

Merit: 1528

No I dont escrow anymore.

Quote from: Miyuki024 on January 08, 2017, 04:57:54 PM

Is it possible to send bitcoin via Paypal?

No.

Miyuki024

newbie

Activity: 32

Merit: 0

Is it possible to send bitcoin via Paypal?

GMPoison

sr. member

Activity: 434

Merit: 250

Quote from: wxa7115 on January 08, 2017, 02:52:55 PM

I store my bitcoin in a desktop wallet in a computer that is encrypted and never online, it is a mistake to store an significant amount of money in an online wallet since you are not the sole possessor of your private keys and you are subject to hacks.

Some would also say it's a mistake to store a huge amount of bitcoins on a computer - offline or online - as they're so susceptible by nature to a variety of disasters, versus something such as an encrypted multisig paper wallets.

wxa7115

hero member

Activity: 2702

Merit: 704

Bitcoin is GOD

I store my bitcoin in a desktop wallet in a computer that is encrypted and never online, it is a mistake to store an significant amount of money in an online wallet since you are not the sole possessor of your private keys and you are subject to hacks.

avikz

legendary

Activity: 3080

Merit: 1500

It is always wise to store your bitcoin in more than two places including hardware and online wallet. If you are holding a good amount of bitcoin, prefer to keep majority of your holding in your hardware wallet and never disclose the account number to anyone. Keep small amounts in online wallets for quick transfer and trading purpose.

This way you can keep most of your holdings safe and away from hackers. Even if the online wallet gets hacked, you will still have the majority in your hardware wallet. never keep all your bitcoins in a single place.

davinchi

legendary

Activity: 2100

Merit: 1058

Quote from: joae1975 on January 05, 2017, 06:03:23 PM

Jaxx.io is all the wallet I need. I don't hold a lot, nor do I want a lot. Btw, when is jaxx going to support monero?

I am using rush wallets for now and they have been working fine for me since a long time, actually a new service and I am a early adopter of it. Some people told me that xapo is now asking identity which I wonder is a scam attempt ?

virasog

legendary

Activity: 2954

Merit: 1159

Leading Crypto Sports Betting & Casino Platform

Quote from: agamasrori on January 02, 2017, 12:23:20 AM

Quote from: peps on January 01, 2017, 11:49:19 PM

I store Bitcoin in my hardisk wallet so it is impossible to steal my Bitcoin. My wallet is secure enough even if my harddisk has been stolen, there will be a way to recover those Bitcoin

I preffer like to store my bitcoin in online wallet, becouse it is so practicaly. I can easily withdraw my profit from trading to my online wallet. Its litle risky to talk about it.

Yes, me too, if I have now good enough number of bitcoin, maybe that would be my move too, put it on the online wallet in bitcoin value because it is growing as the bitcoin value increases when you have it on you online wallet and have it save.

juras54

sr. member

Activity: 434

Merit: 250

I had kept the Bitcoins in your wallet on your computer and the backup on a flash drive, but the wallet already weighs more than 100 GB, hard sync, so sent over the Internet services and exchange and store

joae1975

hero member

Activity: 752

Merit: 500

Jaxx.io is all the wallet I need. I don't hold a lot, nor do I want a lot. Btw, when is jaxx going to support monero?

Topic: How do you store your bitcoins? - page 87. (Read 92212 times)