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Topic: How do you store your bitcoins? - page 93. (Read 92212 times)

sr. member
Activity: 266
Merit: 250
One world One currency, Bitcoin.
May 28, 2016, 05:13:44 AM
I store in two wallets one in my phone to spend bitcoins. It has very low amount to cover losses when hacked. Another in a paper wallet. Whenever i transfer from paper wallet to spending wallet i change the paper wallet.
hero member
Activity: 840
Merit: 501
Strength in Numbers
May 28, 2016, 04:56:19 AM
Hmm never thought of it

Well mate, you need to think about it. Or maybe you are just storing your bitcoins to your bitcoin wallet address provided
by coinbase or blockchain or any wallet address provider.
hero member
Activity: 700
Merit: 501
May 28, 2016, 04:52:25 AM
I store all my bitcoins on paperwallets and physical coins also in external hard drive sometimes.I also use to store my bitcoin on online wallets like blockchain because i feel more safe there cause tey have better security rather than placing my bitcoin on a hard drive or payper wallet.Hope that i answered your question.Thank you
paper wallet is best way to store bitcoin in chepest cost and safety place.
im use it too , i generate some paper wallet permonth to holding my bitcoin in some part Smiley
hero member
Activity: 1372
Merit: 564
May 27, 2016, 12:15:06 PM
I store all my bitcoins on paperwallets and physical coins also in external hard drive sometimes.I also use to store my bitcoin on online wallets like blockchain because i feel more safe there cause tey have better security rather than placing my bitcoin on a hard drive or payper wallet.Hope that i answered your question.Thank you
jr. member
Activity: 112
Merit: 1
May 11, 2016, 01:17:28 PM
Hmm never thought of it
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
May 11, 2016, 11:44:52 AM
I use all kind of wallets to be honest, I use a paper wallet at the most times because its of course very secure compared with other methods.
The other wallet I use is just a simple blockchain wallet for the payments.
sr. member
Activity: 350
Merit: 250
May 11, 2016, 11:37:32 AM
The most people are storing there coin at an online wallet and that is because it is really easy to use and that is perfect but you also never know what is going to happen with the value.
But banks are hating Bitcoins because they see that they are now earning not that much because of the online wallets.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
May 11, 2016, 09:43:02 AM
I spread my coins between multiple wallets just like what I do with my money.

the most part of it is in the safe place (equivalent to bank for cash), and they are in my cold storage with backups as encrypted paper wallet.
the rest is in online wallet for spending and also some to go in and out of my exchanger in order to make some trades with bitcoin-fiat pair or for trading altcoins.
legendary
Activity: 1372
Merit: 1008
May 11, 2016, 08:21:24 AM
I am just using blockchain for everything, but i don't really store my coins, just holding and waiting for halving. After all i will store it anyway  Grin

holding bitcoin and waiting halving is good short plan, we know people believe price will be rising during halig, before/after halving, but i think the price can't stable at $500 above, the price can fail to $400 again.
People that is using Bitcoin is storing their Bitcoin in their online wallets and that is perfect for the people that is using Bitcoin and also for the wallets.
And it is also better than the normal banks that is why also banks hate Bitcoin now because it is becoming more popular.
blockchain have a pretty good wallet system although they are a third party. but they do not have access to enter and control over your bitcoin? different from other online wallet
blockchain also continue to be popular. many people say that blockchain is the next microsoft Cheesy
newbie
Activity: 23
Merit: 0
May 09, 2016, 12:42:34 PM
Don't put bitcoins on a website or exchange that you haven't researched.  And even if you do, don't put all of it there.  You never know who to trust and who will go out of business.
sr. member
Activity: 364
Merit: 250
May 09, 2016, 10:37:51 AM
I store my BTC in binary code on toilet paper  Grin
maybe if you want to make a long-term investment, or if you want to keep bitcoin and you're afraid to want to spend your bitcoin so keep your bitcoin on paper wallet. you certainly can keep for a long time
The most people are hoping that the value will be more worth of course but the most are holding their Bitcoin in the online wallet and that is because that is quite nice because it is safe.
And also easy to use but that would be nice and we have to promote it more.
sr. member
Activity: 271
Merit: 250
May 09, 2016, 09:58:55 AM
I used to have an wallet to store them into. But there are several ways to store them. Just look at the right
topic to see some good options. Or just a simply google is enough.
sr. member
Activity: 378
Merit: 250
May 08, 2016, 10:44:02 PM
Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?
I use both forms of wallets and store 50% in each. I use Coinbase and a Ledger wallet. I think the Ledger wallet is the best, most convenient and safest of the wallets.  Smiley
hero member
Activity: 700
Merit: 501
May 08, 2016, 10:35:50 PM
You mean just hold bitcoin? like for years? if yes, then nope... i dont.
I do use a wallet to store my bitcoins but they are constantly moving. investment, payments and other stuffs.
Managing wallet bitcoin is a important thing, whether for investment, payments and other thing, if you want to alocate your spendable amount or short term investment, online wallet like blockchain,info might be a good choice, for long term investment or high volume i prefer to keep them safe on the ofline wallet

yeah it's true fact, we must manage it. if we want to invest for long term better to use bitcoin QT backup (wallet.dat) or we can use paper wallet. for daily usage i suggest to use 3rd wallet with 0 fee like coinbase or xapo.
legendary
Activity: 1120
Merit: 1000
May 08, 2016, 07:47:23 PM
You mean just hold bitcoin? like for years? if yes, then nope... i dont.
I do use a wallet to store my bitcoins but they are constantly moving. investment, payments and other stuffs.
Managing wallet bitcoin is a important thing, whether for investment, payments and other thing, if you want to alocate your spendable amount or short term investment, online wallet like blockchain,info might be a good choice, for long term investment or high volume i prefer to keep them safe on the ofline wallet
hero member
Activity: 532
Merit: 500
May 08, 2016, 07:31:00 PM
cold wallet with the private keys hidden in 2 different places

Yeah I would agree that Cold storage is the best way store your bitcoins . A trezor could be worth investing in too. Only store small amounts in an online wallet to avoid the threat of being compromised...
I don't think the problem of storing in the online wallet as long as the site was proven reliable and reputable. like blockchain. it looks like this wallet is the most secure online wallet that I know.
I even save more than 5 BTC there and so far I have not experienced problems in blockchain
full member
Activity: 140
Merit: 100
May 08, 2016, 02:45:43 PM
I actually remember my 3 most important private keys by heart. That's how I store my wealth, haha.
hero member
Activity: 742
Merit: 500
May 08, 2016, 02:43:18 PM
I use more than wallet to store my bitcoins, for example i use Blockchain wallet , but also some exchange services that offer the wallet service like Coinbase and Xapo, and also using the paper wallet
hero member
Activity: 3080
Merit: 603
May 08, 2016, 12:26:22 PM
You mean just hold bitcoin? like for years? if yes, then nope... i dont.
I do use a wallet to store my bitcoins but they are constantly moving. investment, payments and other stuffs.

That is what you called long term investment, if you are going to invest or hold your bitcoin for a long term or years. Then you are targetting to earn higher rather than what you can earn today. Because there is possible thing that bitcoin will increase higher after some few years.
So, if you want to try that kind of goal, it is also a good thing to do that.
full member
Activity: 210
Merit: 100
May 08, 2016, 12:14:02 PM
You mean just hold bitcoin? like for years? if yes, then nope... i dont.
I do use a wallet to store my bitcoins but they are constantly moving. investment, payments and other stuffs.
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