How do you store your bitcoins? - page 95.

prix

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Quote from: knowhow on May 05, 2016, 04:44:15 PM

... i just lend there my money on their safest lending service ...

Maybe in comparison with other personal loan services (btcjam as example), but for bitcoin store it's not safest.
First, such online service can be hacked, down and so, second: https://poloniex.com/terms/

Quote

Although Poloniex takes several precautions to prevent a user from defaulting on a loan, the high volatility and substantial risk of illiquidity in markets means that Poloniex cannot make any guarantees against default. When you lend to other users using the Platform’s P2P lending system, you risk the loss of an unpaid principle if the borrower defaults on a loan and liquidation of the borrower's account fails to raise sufficient funds to cover his or her debt.

killer5

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Holding bitcoins in multiple wallets would be the best solutions considering the security precautions. as i strarted with the blockchain and a good amount of bitcoin can be stored in a cold wallet and changing strong paswords periodically would be good and storing bitcoin online is convineint but it considerably less secure.

secone

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Quote from: GamingBro on May 05, 2016, 07:54:31 PM

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.

Bloxy

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Personally, I use an online wallet because of the convenience but it's definitely less secure.

GamingBro

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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

PinkLlama

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I accept large payments through Electrum and smaller payments through Blockchain. I then store the larger amounts of Bitcoin in a cold storage and smaller amounts in paper wallets.

knowhow

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Well my wallet dont stands more then a week with some balance as i need to pay my bills and get some credit to my faucet balance ,besides those all my income is being invested at poloniex that is a huge company and no im not trading i just lend there my money on their safest lending service,soo in the end instead i be waiting to bitcoins reach or hit 800 dollars i keep earning all days more and more satoshis.

Mr.grin

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lately is a very difficult thing to keep bitcoin. I always exchange it for dollars, because so many have to fulfill your needs, but I'm trying to keep it in my wallet today.

xIIImaL

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Quote from: elobizph on May 05, 2016, 06:00:34 AM

I am using online wallet or usually known as shared wallet and so far my account doesnt hack.

Clod is best I guess, I use store some of my bitcoins in online wallets as well, do not want to take a risk to get hacked and lose all of my coins at once. Mostly store them on online wallets, like blockchain or coinbase.

Jasad

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= jasad =

for me,i'm just people who earn bitcoin from small task like signature campaign and other tasks,so i just need online wallet for my bitcoin,its tottally safe becasue i just have a little amount of bitcoin,but when i have bigger amout of bitcoin like 1 or 2 bitcoin,i will keep it on cold storage,i think its will safer.

jossiel

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Quote from: elobizph on May 05, 2016, 06:00:34 AM

I am using online wallet or usually known as shared wallet and so far my account doesnt hack.

Most of us are storing bitcoin with an online wallet. I'm just worried that hackers could hack online wallet especially blockchain because hackers are putting their eyes in every transaction made there.

n0ne

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Quote from: betohell on May 05, 2016, 04:42:05 AM

Quote from: youyou_ on May 05, 2016, 02:48:40 AM

cold wallet with the private keys hidden in 2 different places

I think it's pretty safe using cold wallet. but is it give you the flexibility to use the wallet in various places? it seems you need a purse like that if you have frequent transactions

Yeah in my opinion cold wallets can be used for a long term holding or investment. I too prefer the same online wallet like Coinbase and Blockchain for my regular transactions.

elobizph

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I am using online wallet or usually known as shared wallet and so far my account doesnt hack.

elobizph

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I am using online wallet or usually known as shared wallet and so far my account doesnt hack.

bestluck

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Quote from: romero121 on May 05, 2016, 02:47:06 AM

Quote from: MTBTT on May 03, 2016, 07:20:42 PM

Quote from: GamingBro on May 03, 2016, 06:28:40 PM

I am using blockchain for storing also i want to try some wallets cause still i can't choose what is better. But i think that blockchain is more relaible anyway.

I think if you're feeling safe in blockchain. you do not need to find another wallet? What for ? while you're feeling safe in blockchain?
I've been in blockchain. since first joining in bitcoin

If the user finds Blockchain wallet to be safe for the first time. The user would never try or use some other wallet for saving their hard earned bitcoin. Likewise I too always prefer Blockchain wallet.

But with the blockchain. I also started with coinbase, and I think coinbase is more secure for me to save my money but still I save all my bitcoins in blockchain so is the main wallet of me.

poplolnman

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Quote from: klf on May 05, 2016, 04:49:15 AM

Quote from: mindrust on May 05, 2016, 04:35:10 AM

Even though i hold too little coins, i usually hold em online. I never use new/untrusted companies but the ones old and trustworthy.

For example, I never had any problems with btc-e, yet i had tons of problems with cryptsy and never used em since 2013 again.

One of them is still in the business while the other one fucked everything up and disappeared.

Yup i will store some coins in online because it's easy to use while we do betting in gambling. But i will keep all my coins in my wallet only that is the safest way to save our money. In online some hackers will hack our account my friends had experienced in this they will not take our money but they will play that amount and make our account empty so bit scare to hold coins in online.

basically online wallet help us to store a little coins to spend daily , yeah like for gambling purpose, buying stuff online, online service etc. just remember to store small amount only on online wallet even the provider trustworthy noone could guaranteed they wouldn't steal your coins through privatekey they hold.

Boosterious

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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 love traveling,and going somewhere was not good idea to bring laptop or computer,so i decide to create and store my bitcoin on online wallet,put all security method is the best way to make my bitcoin secure,and also easy to use,because i can access my wallet from my smartphone.

klf

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Quote from: mindrust on May 05, 2016, 04:35:10 AM

Even though i hold too little coins, i usually hold em online. I never use new/untrusted companies but the ones old and trustworthy.

For example, I never had any problems with btc-e, yet i had tons of problems with cryptsy and never used em since 2013 again.

One of them is still in the business while the other one fucked everything up and disappeared.

Yup i will store some coins in online because it's easy to use while we do betting in gambling. But i will keep all my coins in my wallet only that is the safest way to save our money. In online some hackers will hack our account my friends had experienced in this they will not take our money but they will play that amount and make our account empty so bit scare to hold coins in online.

betohell

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Quote from: youyou_ on May 05, 2016, 02:48:40 AM

cold wallet with the private keys hidden in 2 different places

I think it's pretty safe using cold wallet. but is it give you the flexibility to use the wallet in various places? it seems you need a purse like that if you have frequent transactions

mindrust

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Even though i hold too little coins, i usually hold em online. I never use new/untrusted companies but the ones old and trustworthy.

For example, I never had any problems with btc-e, yet i had tons of problems with cryptsy and never used em since 2013 again.

One of them is still in the business while the other one fucked everything up and disappeared.

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