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Topic: How do you store your bitcoins? - page 99. (Read 92212 times)

sr. member
Activity: 365
Merit: 250
March 18, 2016, 02:33:42 PM
Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

i stored online..
but think need create wallet on pc
if you've been wearing a lot of authentication in your online wallet like I did in blockchain is using SMS verification each will be logged. I think it's pretty safe and you do not need to make a lot of wallets again

Yeah, i am totally agree with you. I'm also store my bitcoin in Online wallet especially blockchain. The online bitcoin storage was safety enough. But if you want to make a wallet in your pc is not bad. You can also print out the key to login so that you can't forget it.
The same case is here but I also have xapo and coinbase for some of my uses, and I think in case of online wallets we should have a number of wallets so if one id down we can pay with the other for our services.
hero member
Activity: 658
Merit: 500
March 18, 2016, 11:28:52 AM
storing bitcoins in online wallet is scary. its better to have full control of you private keys , armory is a good one,  i also use mobile wallets it comes in a handy.Mycelium,Xapo and Blockchain which keeps your bitcoin keys encrypted on your phone, and backed up on a web-based server.
I think though blockchain is a third party I don't think that they will cheat or be scam. they are a great company. they like microsoft of bitcoin. so I will continue to believe in the online store wallet. Of course you also have to priv key and back up also
hero member
Activity: 546
Merit: 500
March 17, 2016, 11:02:03 PM
I spread mine on multiple online wallets just in case I needed the coins via online transactions.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
March 17, 2016, 10:58:34 PM
I use for low amount my android phone with blockchain wallet and for medium amount bitcoin core and paper wallets.

I am also having a bitcoin core wallet.. I also have an online wallet, I keep on both wallets, to make sure that I am ready when I am in need of bitcoin in my transaction and my bitcoin core to keep my coins safe..
sr. member
Activity: 476
Merit: 250
March 17, 2016, 07:30:47 PM
Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

i stored online..
but think need create wallet on pc
if you've been wearing a lot of authentication in your online wallet like I did in blockchain is using SMS verification each will be logged. I think it's pretty safe and you do not need to make a lot of wallets again

Indeed its pretty safe, blockchain also used a google key, well you can activate it by your phone, when you login in your blockchain you must than use a rare code that is only for you.
I think that is a pretty good security for a online wallet if you ask me.
You can also use your email. when you try to log in your wallet, blockchain will send you email verification to confirm and login to your wallet.
hero member
Activity: 896
Merit: 502
March 17, 2016, 04:39:52 PM
I use for low amount my android phone with blockchain wallet and for medium amount bitcoin core and paper wallets.
full member
Activity: 182
Merit: 100
★ Nakedbitcoins.com ★
March 17, 2016, 04:23:01 PM
I use many wallets to store my bitcoins, online web wallets like coinbase i use to play gambling and sports betting, and desktop wallet i use to store my bitcoins for future expenses.
sr. member
Activity: 322
Merit: 250
March 17, 2016, 04:20:21 PM
Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

i stored online..
but think need create wallet on pc
if you've been wearing a lot of authentication in your online wallet like I did in blockchain is using SMS verification each will be logged. I think it's pretty safe and you do not need to make a lot of wallets again

Indeed its pretty safe, blockchain also used a google key, well you can activate it by your phone, when you login in your blockchain you must than use a rare code that is only for you.
I think that is a pretty good security for a online wallet if you ask me.
hero member
Activity: 560
Merit: 500
March 17, 2016, 04:12:19 PM
Well any company can get and bring the interest to take them down,i believe a cold wallets is the best,and the only way i believe it will be hard to hack is blockchain but well,at online workd everything may be possible.
if you registered blockchain.info with email and you use same password for your email and blockchain account, im sure it's very easy to acces your blockchain wallet.

Who would be soo stupid to get and make the same password from email and blockchain,anyway it has two password and 2fa to unlock the funds anyway soo still being protected even if someone very stupid would do such thing.
legendary
Activity: 3080
Merit: 1500
March 17, 2016, 01:10:40 PM
I am currently storing my bitcoins in more than one wallets. It is always better to diversify.

A minor portion of my bitcoin is in coinbase. Another minor portion is in c-cex, which I use for daily trading.

The last portion of my bitcoin is in my offline wallet.
sr. member
Activity: 361
Merit: 250
March 17, 2016, 01:07:05 PM
I store my bitcoins in multiple wallets IMO it's the best to do so.
I think it can be better although if the PC is vulnerable then it won't matter much..
full member
Activity: 210
Merit: 100
www.secondstrade.com - 190% return Binary option
March 17, 2016, 12:42:12 PM
I actually store my bitcoin into one wallet only. this is because I am still in the period of earning bitcoins on my own. This was also advise for people not having much bitcoin yet you can store it only in a wallet but of you have a lot of it you can have more than 1 wallet to store them..
member
Activity: 106
Merit: 10
March 17, 2016, 12:39:48 PM
I just have some bitcents and keeping them in my PC at electrum. If you are storing big amounts then more secure options are needed though..
hero member
Activity: 672
Merit: 500
March 17, 2016, 12:36:27 PM
My bitcoins are just at the bitcent level but even with that, I keep them in a paper wallet. I think it's awesome that you can store bitcoins in almost everything even a piece of paper.

Yes it's not bad to store the bitcoins in the paper wallet, however i think the other wallets are secured too as long as you have the private key
member
Activity: 61
Merit: 10
March 17, 2016, 11:56:42 AM
My bitcoins are just at the bitcent level but even with that, I keep them in a paper wallet. I think it's awesome that you can store bitcoins in almost everything even a piece of paper.
hero member
Activity: 616
Merit: 500
March 17, 2016, 11:45:35 AM
Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

i stored online..
but think need create wallet on pc
if you've been wearing a lot of authentication in your online wallet like I did in blockchain is using SMS verification each will be logged. I think it's pretty safe and you do not need to make a lot of wallets again
I have also a wallet on my own PC. Because I dont trust the online wallets. And I have heard also that you can be hacked and that will be not good.
I hope later also that more people will use Bitcoin and store them in their own wallet. That will be the best.
hero member
Activity: 504
Merit: 500
March 17, 2016, 08:56:23 AM
Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

i stored online..
but think need create wallet on pc
if you've been wearing a lot of authentication in your online wallet like I did in blockchain is using SMS verification each will be logged. I think it's pretty safe and you do not need to make a lot of wallets again

It's also have a risky though. If you forget bring your phone or lost your phone, you can't open your online bitcoin wallet. Better using other authentication imo.
therefore you need a backup wallet and a private key. so if your phone is lost or steal/ you're not going to lose your wallet and your bitcoin
sr. member
Activity: 364
Merit: 250
March 17, 2016, 08:39:19 AM
Hello everyone as the title says ^
Do you store your bitcoins online or on a wallet on your computer, perhaps cold storage?

i stored online..
but think need create wallet on pc
if you've been wearing a lot of authentication in your online wallet like I did in blockchain is using SMS verification each will be logged. I think it's pretty safe and you do not need to make a lot of wallets again
Many people are storing their coins at an online wallet and that is very good. Because it is very safe and secure.
I hope that more people will use online wallets. Because some people are still saving it on their own PC.
hero member
Activity: 532
Merit: 500
March 17, 2016, 08:01:54 AM
The best thing that you can do is just store your Bitcoins at an online wallet. That is the best way to do it.
And it is also very good to use and easy as well. But everyone have their own choice so I respect that.


I agree with you that using an online wallet has some advantages like it is accessible everywhere. but not all online wallets are the same, one should choose a wallet that gives access to his private keys so he will have the full control on his coins. but wallets like coinbase and xapo, I do not see any difference between them and PayPal

coinbase and xapo is Best wallet for user with high transaction everyday, No fee for each transaction, but limited acces to your addres. anyway if you compared xapo,coinbase and paypal it's very diffirent, look at the paypal fee  Cheesy
lol you can't compare it with the fee. certainly not an issue fee. the problem is xapo have control over your bitcoin. just like paypal to have control on your money. The only other people's opinion
I still use xapo. and still very safe

hero member
Activity: 616
Merit: 500
March 17, 2016, 07:20:40 AM
Its good to store your Bitcoin at Blockchain or something. So you can also use your Bitcoin very easy and that is very good.
I hope that more people will use also Blockchain. Because the wallets is also very popular and very safe.
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