How do you store your bitcoins? - page 88.

GMPoison

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Quote from: szpalata on January 05, 2017, 04:59:30 PM

I have been saving in coinbase wallet but I have future plans of downloading the bitcoin core wallet into my desktop and have them saved there.

If your savings are considerable you may want to opt for a cold wallet solution such as a paper wallet or hardware wallet as desktop wallets are quite vulnerable if you ever click on something you shouldn't. It's fine for smaller amounts as a "spending account", but if you're looking to store a lot of coins as your "savings account", I'd do it offline! Grin

szpalata

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I have been saving in coinbase wallet but I have future plans of downloading the bitcoin core wallet into my desktop and have them saved there.

TravisNeko

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A lot of people have a paper wallet and I'm also having one due to the fact its very good secured and offline.

Zz

legendary

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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 have several different methods;

I have Metal plate printed, paper wallets

my main computer operating system linux and using electrum wallet.

of course blockchain.info - web wallet and iphone aplication.

crwth

copper member

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Try Gunbot for a month go to -> https://gunbot.ph

It depends if I want to use my bitcoins or not. I have my hot wallet in my desktop, Bitcoin core. For fiat exchanges, I'm using coins.ph. it's helpful to have and very interesting app because you could load up your cellphone and pay your bills. And a cold storage which is in my laptop. Electrum software is what I use.

Monnt

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Quote from: aioc on May 30, 2016, 10:44:08 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 have three here electrum for desktop blockchain and coins.ph for online but I made sure i did not store all of my bitcoin on one wallet alone I divide it to three .

Quite nice idea. I am only using poloniex wallet right now and I its quite nice and they do not charge usually high fees. Though recently I had issues of not getting email confirmation and had to wait like 12 hours for my withdraw. But then, which sites does not have issues

Ducksun

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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 @-@

A lot of people are doing this but the risks are minimum, I'm having a good amount of bitcoins so due to that I use a paper wallet right now but I also have a online wallet.

Akichan304

newbie

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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 @-@

Playboi

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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

avatar_kiyoshi

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Quote from: Yuuto on January 03, 2017, 06:02:12 PM

For me blockchain.info for daily transactions and receiving and storing bitcoins is sufficient because you own your own private keys, aka no counterparty risk, and blockchain.info has a user friendly interface and AFAIK has never been hacked in the past, because they don't store passwords online.

However if you are more security sensitive than me, I recommend you getting a hardware wallet.

Ledger is the economical choice, but Trezor in my opinion looks more sleek and feels cooler when you show it to others

Are you a blockchain wallet minions? Or you bought an account?
Blockchain wallet service has been removed from bitcoin.org wallet list (it's the biggest, even the best bitcoin wallet list) and they have a lot problem:
https://bitcointalksearch.org/topic/6373-btc-hacked-blockchaininfo-secured-by-2fa-starting-security-podcast-875805
https://bitcointalksearch.org/topic/blockchain-wallet-hacked-and-all-fund-has-been-taken-out-1516588
https://bitcointalksearch.org/topic/blockchain-wallet-hacked-and-bitcoins-stolen-951151
https://bitcointalksearch.org/topic/blockchaininfo-wallet-hack-attempt-984189
...and more.
Plus recently they not provide private key features cmiiw.

Hardware wallet is good choice when you have a capital to buy some. But there are some cheap option, paper wallet.

strasboug

sr. member

Activity: 504

Merit: 250

Offline wallet on encrypted disk, is probably the best you can do. Online wallets are unsafe, there are so many hacks around them, especially the value is high as now, hackers are more motivated.

data1

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Merit: 10

i store my coins on a paper wallet and i do it because all i have to pay is just my net packs and by this way i can save all the excess spending of money and by non profitable shopping and eating

rickadone

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Quote from: mrcash02 on January 01, 2017, 04:34:09 PM

Quote from: Ulloa on May 31, 2016, 10:21:23 AM

I store my Bitcoin at an online wallet and that is also many used because you see that many people is storing their Bitcoin at an online wallet because it is easy to save it there.
Some people are even storing their Bitcoin at their own computer but that can be risky because you can be also hacked or something.

I use online storage to keep my Bitcoins too. It's risk, I know, but the service is easy and accessible for anyone. I don't have capacity to download a good desktop wallet, so I don't have much to do...

But people using their computers to storage their Bitcoins are safer than we using onliny storage methods. If the computer is offline, without internet, hackers can't steal it, the only issue can be if the computer stop working, broken.

Mate the hackers can attack the computer without internet too via a malware or they can even use ransomwares to hack you. I think better are online wallets only if they provide private key like blockchain provides. And if security is a major issue setup 2FA in your wallets.

Mr.Nath

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We Also Sell GINGER, BITTER KOLA, GALLSTONE, etc.

in my wallet of course....... No better/safer place for now...

Yuuto

hero member

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For me blockchain.info for daily transactions and receiving and storing bitcoins is sufficient because you own your own private keys, aka no counterparty risk, and blockchain.info has a user friendly interface and AFAIK has never been hacked in the past, because they don't store passwords online.

However if you are more security sensitive than me, I recommend you getting a hardware wallet.

Ledger is the economical choice, but Trezor in my opinion looks more sleek and feels cooler when you show it to others

richardsNY

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Quote from: Bibite on January 03, 2017, 05:53:03 PM

I use web based wallets only. I have not learned much enough about wallets clients ect.
Kind of different priority Undecided

Don't use online wallet services to store your coins as it's simply not a safe thing to do. If you have a PC with enough capacity to download the entire blockchain to, then go for Bitcoin Core. If you aren't interested in downloading the full blockchain due to the size, then go for a light weight wallet. But just avoid storing all your coins online. You at all times should be the only person with access to your coins. Right now that's not the case.

Bibite

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I use web based wallets only. I have not learned much enough about wallets clients ect.
Kind of different priority Undecided

PokerFace3

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Quote from: fantoos on May 30, 2016, 12:42:25 PM

I don't own many Bitcoins so I don't need to think much about it storing and safety.I use online wallet from the start blockchain and set up good password with Google Authenticator this is all.If somehow in future I own many bitcoins then I will use much more good ways to take extra measures.

Good idea and blockchain is one of the safest wallet providers but the only problem is the new upgrade that they have done, it is become hell difficult to understand things like signing a message and another issue is that it gives a new address after every time you receive money on the previous one.

BigBoom3599

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Merit: 250

Quote from: upsidedown75 on January 03, 2017, 02:14:27 PM

Quote from: CryingMidget on May 30, 2016, 06:29:38 AM

Quote from: Ulloa on May 30, 2016, 06:21:13 AM

I am storing my Bitcoins at an online wallet and that is because you know that it is quite safe to use it and the most people with already Bitcoin are also using it so that is really nice.
But of course you can be hacked or something but the chance will be really small.

Even i store my bitcoin on online wallet,i think its more simple,but i dont know how about the security aspect,i just store little amount of bitcoin,so far is really safe,but i will considering to use cold storage if i have big amount of bitcoin.

You can simply use blockchain even if you store big amount of bitcoins and then you can make a setting system that whenever you login they will call you and give you a PIN and hence no hacker can hack it.

But the only problem that arrives in such cases is that when you want to make quick transactions you will get frustrated.

No, online wallets aren't safe no matter how strong your password is or how hard you protect your account, if the website gets hacked your bitcoins will be compromised. Look at all the exchanges as an example, those hackers didn't get stopped by a 2fa code or by a long randomly generated password...
The only safe way to store crypto, is if you alone control the private keys and keep it that way.

Bitcoinsummoner

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Maintain Social Distance, Stay safe.

Quote from: Daffadile on January 03, 2017, 01:54:37 PM

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 the online wallet because qt takes up so much space xP . I keep a small amount of bitcoins in cold storage and use paper wallet.
If I had lots of bitcoins I would use qt.

There is other good storage except to bitcoin-qt you can also use electrum honestly i am using this kind of wallet for a long time and i am still nto halving any problem with this wallet you do not need to download the whole block chain unlike bitcoin-qt..

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