Topic: How safe are my bitcoin on blockchain.info? (Read 470 times)

There is the additional risk that the service itself could be compromised. While their code currently generates wallets client-side, this could theoretically be changed trivially and without users noticing for quite some time (likely when there is a massive theft across the service). While unlikely, it's much better for peace of mind to have a clean binary with verified signatures -- after that, you never have to worry about compromise of a third party service. After hearing some of the horror stories about Blockchain.info over the years.... no thanks.

Hackers can create an issue anytime if you do disclose your information regarding on your wallet they can really breach out your wallet and take those precious bitcoins inside.Just like what you said this is one of the oldest online web wallet for bitcoin which still being used far by many.I cant say its totally secure and safe but yet reliable on storing some amounts but same as suggested when you do posses large amounts of bitcoin then the best thing to do is store up on offline wallets than on storing it on online wallets.You can use up electrum wallet too same as blockchain you can edit dynamic fees on what suits you.

It is the most popular wallet, and I had no problem using it in the past. However, I've often heard, from reputable sources, that they have serious safety problems, which made me look for better alternatives.

Blockchain.info has zero control over your coins. All they provide is an interface for you to access your own private keys. It's the vulnerability of that interface to hacking at the user end that's the problem.

I don't want to scare you but, get your coins out of blockchain.info immediately. Having your bitcoins stored with a 3rd party is very risky, you don't get to have full control over your wallet. Depending on how much coins you have, i would recommend Electrum. This wallet gives you access to your private keys and pretty much you can administrate your wallet at your will. If you have more than 2 BTC then I would go for a hardware wallet, a Ledger Nano S or a Trezor wallet.

I have used it for a couple of years now with no major problems. Is it fool proof safe? I doubt it, but so far so good for me. I keep only what I have to spend in a short time online, so it isnt a major worry for me.

Not safe at all in my opinion. There's nothing much wrong with blockchain.info. There's likely to be an awful lot wrong with the machines you're using to access it. Can you guarantee 100% that whatever you're logging in with is clean as a whistle? No one can. Ergo you should not be doing it.

Anyone who has your details can have your coins away. If you have 2FA then if it's phone maybe someone can hijack your sim. If it's authenticator maybe someone can find where you're storing the key for it. They may not even need to do that. They can send you to a phishing site or you might have malware that redirects your sending to another address.

Shop elsewhere.

Yeah, but paper wallets are awfully fragile. You better make sure the storage is really, really secure.

I use only this purse from the very beginning of buying bitcoins and it completely suits me. I really like the security system that he offers. Dual passwords, SMS-alerts, two-factor authentication, all this is very reliable and convenient.

Using online web wallets like blockchain.info, coinbase, xapo or other equivalent services is not recommended.
Let's start by saying that, whatever number of bitcoins you have there, aren't practically yours. Those wallets have access to them just as you do. And the worst thing is that with most of them you don't get your private keys which means you can't add your address to other wallets.

And yes this means that any day they can just run away with all the funds in the addresses hosted on them and no one will be able to do anything.

Number two: If the website goes down or has issues, you're doomed. I remember back in 2015 when I got to know about bitcoins. I used blockchain.info as well. But I experienced a lot of issues asI couldn't login to my coins every now and then due to issues on the website itself.

Third and last: It gets pretty easier to hack through multiple methods. I'm not just talking about the possibility of installing key loggers secretly on your computer and basically getting the login info, I'm talking about phishing sites. The bad guys create a lot of websites which have "similar" looks and even domain names that are relatively close in order to trick you to input your login info.

In my opinion, the best option would be using something like electrum. You have your private keys, can create vanity-created addresses and basically do whatever you want with bitcoins any time as you don't have to worry about hosts/servers/websites.

Web wallets are the least safe of all and the most vulnerable. I've been using blockchain wallet for a while but I abandoned it because I wasn't satisfied with features and security. Not that I had some particular security issues but in that time hacker attacks were often and web wallets are exposed. It's better to use hard wallet or even mobile wallet and the most important thing is that you can control the private keys.

Do you have access to your private keys? If not, don't store it in Blockchain.info for the long term. If they get shut down, your bitcoins will go along with them.

I've been using this purse for about six months and I'm happy with everything. But this wallet is sometimes too expensive commission for transactions and this is not encouraging. And so they charged BCC, maybe then BTG will charge, we'll see. Or maybe B2X will be charged sooner or later. But it's better to use the cool Bitcoin Core purse.

i say 7/10 to safety

the best way to save a biotcoin is via private key, just genrate new address with private key and take the printout of it, liminate it and keep it safe

what i do to save my btc

i encrypted my private key with a hash so only i can decode it
also i have given the copies of it to my mother father and few cousins

Online wallet is always risky. But blockchain.info is safe.There is no negative review.But for more safety use that wallet which provide you private and you can control. Also you can create a btc wallet which give you private key then you can import that wallet in blockchain.info

Its better if u can generate paper wallet offline and store over there.

Fairly safe.

Any website can get hacked, but blockchain.info has been the long term leader or baseline in online exchanges. Do they give you access to your private keys? If so, you're in good shape.

Here's a site to help you compare the various wallets and exchanges: https://www.cryptocompare.com/exchanges/#/overview

Blockchain. info is a pretty old and probably the first online wallet that came into existence. They are time tested and trusted as well. I have been using their wallet since a long time now. They also have dynamic fees feature where you can choose what type of fees you want to pay for a transaction. I can recommend their service. However, if you are holding a big amount of bitcoins, it is always safer to keep in offline wallet. because you won't have any problem with blockchain. info but hackers can create an issue.

Not the most tech savvy, any help is appreciated