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Topic: How do you store your bitcoins? - page 96. (Read 92212 times)

legendary
Activity: 1190
Merit: 1002
May 05, 2016, 04:31:31 AM
it's depend about your security setting, i have bad experience with blockchain, im use same password with my email address and i lost arround 3btc.
That's not up to blockchain, it's your own mistake. I would say you have had a bad experience using the same password on different locations. If you do so, you basically give your email provider access to your account. Or anybody who might compromise your email account.

after what cryptsy did i don't trust any exchanger anymore and it is really hard for me to even keep less than 0.1BTC at an exchanger because they can all run away with our money.
I have some at kraken for months now. It's about 50% euro and 50% bitcoin now. They can always run away indeed, but I don't expect they will.
This way I can easily speculate a bit on buying/selling bitcoins when the price is right.

on first comment you said is correct not to use same password for all accounts , keeping different passwords give you more security to your accounts,

About believing exchanges is how old is the exchange like yobit and kraken they are olddest exchanges who are going good so in this exchanges you can keep you bitcoin safely as they have big business and wont run away with your coins. If the exchanges is new then their is more chances of running away as if they dont get sufficient business income to run the exchange.
newbie
Activity: 22
Merit: 0
May 05, 2016, 04:25:11 AM
Keep it in your pocket  Wink
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
May 05, 2016, 02:58:20 AM
it's depend about your security setting, i have bad experience with blockchain, im use same password with my email address and i lost arround 3btc.
That's not up to blockchain, it's your own mistake. I would say you have had a bad experience using the same password on different locations. If you do so, you basically give your email provider access to your account. Or anybody who might compromise your email account.

after what cryptsy did i don't trust any exchanger anymore and it is really hard for me to even keep less than 0.1BTC at an exchanger because they can all run away with our money.
I have some at kraken for months now. It's about 50% euro and 50% bitcoin now. They can always run away indeed, but I don't expect they will.
This way I can easily speculate a bit on buying/selling bitcoins when the price is right.
legendary
Activity: 1372
Merit: 1005
May 05, 2016, 02:55:04 AM
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...
legendary
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
May 05, 2016, 02:54:40 AM
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.

Ive never used any online wallets other than exchanges, and even then i try and keep it to a minimum. Wouldnt trust me keys in anyone elses hands even for the measly amount i own.
hero member
Activity: 840
Merit: 501
Strength in Numbers
May 05, 2016, 02:52:37 AM
I use online wallets to stock Bitcoins.
Me too, I'm also using online wallet which is blockchain to store my bitcoins. I don't know if I'm going to try other wallets in the near future so that I can explore more about bitcoins wallet.
hero member
Activity: 596
Merit: 500
May 05, 2016, 02:48:40 AM
cold wallet with the private keys hidden in 2 different places
legendary
Activity: 3206
Merit: 1213
casinosblockchain.io
May 05, 2016, 02:47:06 AM
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.
newbie
Activity: 60
Merit: 0
May 05, 2016, 02:41:14 AM
I keep my Bitcoin in blockchain wallet  online.
For me, it is convenient and available on any device, computer, or smartphone.
Storage Bitcoin on the computer is very inconvenient for me, and i afraid of viruses and hacking.

If you store small amount of bitcoin on line, it is OK. For large amount, it is better to store it in your own place.
full member
Activity: 196
Merit: 100
May 04, 2016, 04:00:31 AM
I keep my Bitcoin in blockchain wallet  online.
For me, it is convenient and available on any device, computer, or smartphone.
Storage Bitcoin on the computer is very inconvenient for me, and i afraid of viruses and hacking.
sr. member
Activity: 363
Merit: 250
May 04, 2016, 03:20:54 AM
you should have some hardware wallets where you can store them. But you can also spent them
on different webshops and of course people use it often for a gamble.
legendary
Activity: 1946
Merit: 1137
May 04, 2016, 03:20:15 AM
I currently have most of my satoshi at Polo, lending it to margin traders. I have the rest scattered about various exchanges, services and a few million sats at Coinbase. I don't have any on my computer or a paper wallet. I suppose if I had more satoshis, I'd be more interested in keeping them tucked away in cold storage. However, if I added up all the BTC that I have at the moment, it doesn't even surmount to 1 BTC.

well, i think it is good that you are investing your coins and you are earning a profit on them but that is not a safe way to keep most of your bitcoin at an exchanger. after what cryptsy did i don't trust any exchanger anymore and it is really hard for me to even keep less than 0.1BTC at an exchanger because they can all run away with our money.
sr. member
Activity: 364
Merit: 250
May 04, 2016, 03:01:09 AM
I store my Bitcoins in Blockchain and that is quite nice because as you can see now you see that the value is going to rise and more people is going to have some profit.
So that is quite perfect but you never know what will happen and that is the problem but you see that the wallets become also more popular.
copper member
Activity: 1442
Merit: 529
May 04, 2016, 02:35:26 AM
So far I am keeping all of my bitcoins online a little bit more than 3 BTC in a safe PC running a pretty safe OS old version of Debian Linux via Electrum wallet 2.5.4 . Maybe I am being a bit bold but I intend soon to buy a hardware wallet , a cheap one like the Ledger HW1 wallet and put all of my coins there, the safest way to store coins is the majority of them in the hardware wallet, and keeping a few in a desktop wallet for daily spending , gambling, trading, selling and buying whatever you need to do with them.
sr. member
Activity: 420
Merit: 250
May 04, 2016, 02:03:33 AM

Secone Yup it still about to your security setting, but for me the site blockchain is secured site its up to you if they can hacked your account because your neglect using same username and password in other site.
legendary
Activity: 1806
Merit: 1828
May 04, 2016, 12:51:05 AM
I currently have most of my satoshi at Polo, lending it to margin traders. I have the rest scattered about various exchanges, services and a few million sats at Coinbase. I don't have any on my computer or a paper wallet. I suppose if I had more satoshis, I'd be more interested in keeping them tucked away in cold storage. However, if I added up all the BTC that I have at the moment, it doesn't even surmount to 1 BTC.
hero member
Activity: 700
Merit: 501
May 04, 2016, 12:42:10 AM
I have 3 wallets at the moment, where I try to move around what little BTC I have. It's a good practice to scatter your BTC to minimize risk of losing everything all at once.

It's a good idea, now im use some wallet too, coinbase + xapo is my daily wallet for micropayment, and im use paper wallet  for hold some bitcoin.
hero member
Activity: 532
Merit: 500
May 04, 2016, 12:37:09 AM
Similar to www.coinbase.com

Mobile app gives you spending freedom, while the insured website has your back.   Smiley


I usually store my bitcoins in a cold storage such as hardware wallet or paper wallet...
is it mobile wallet Including third party or not dude? because I'm a little sensitive about it. I do not want to use the wallet from a third party. whether there is a backup in the mobile wallet ? or private key?
third parties may only blockchain most I feel is more secure than others
hero member
Activity: 714
Merit: 500
May 04, 2016, 12:00:50 AM
I have 3 wallets at the moment, where I try to move around what little BTC I have. It's a good practice to scatter your BTC to minimize risk of losing everything all at once.
hero member
Activity: 840
Merit: 501
May 03, 2016, 11:55:31 PM
i use coinbase because seem have a lower fee than blockchain, and it has good security system and i also used blockchain because it can generate address to make our transaction secure and anonymous
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