Is Blockchain.info reliable? | Bitcointalksearch.org

sunsilk

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Quote from: Mister1k on December 19, 2017, 09:18:28 AM

Quote from: sunsilk on December 18, 2017, 03:29:07 PM

Blockchain.info is a web wallet and it has been preferred by most of the people here its because we can't find any trouble with their service, they are providing an easy wallet and doesn't give any problems at all.

But still it is a web wallet and you should be aware that web wallets are still vulnerable with anything that can put them in trouble.

If you want to store big amount of bitcoin then you have to purchase your own hardware wallet. And regarding with the confirmation time, just pay higher fees if you want your transaction to get confirmation quickly.

I am also the user for the blockchain wallet for the long time but I really feel inconvenient due to their high transaction fees consumption from the past two months. If the block size has been increased we will find the transaction fees decreased and transaction speed also will increase in future.
Except transaction fees, I think that blockchain wallet is one of the best wallet for the web wallet users.

For security concerns, you do not go to any online wallet. You should prefer the paper or hardware wallets.

There's nothing to feel inconvenience because of the high fees, it's normal since the miners are asking for that and not blockchain.info.

They are just implementing what's the suggested miners fee and as for their statement they are not putting an additional fee for that when it comes to security I still trust blockchain.info wallet.

Quote from: SM23031997 on December 19, 2017, 03:41:54 AM

Don't know why people prefer electrum over blockchain.info, I will always keep them in the same category. If you can't keep your system and password safe then possible you are at risk whether you use electrum or blockchain.info. If you can keep your system virus free then both are secure, if not then get a hardware wallet dude.

The truth has spoken! this is for real.

Mister1k

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Quote from: sunsilk on December 18, 2017, 03:29:07 PM

Blockchain.info is a web wallet and it has been preferred by most of the people here its because we can't find any trouble with their service, they are providing an easy wallet and doesn't give any problems at all.

But still it is a web wallet and you should be aware that web wallets are still vulnerable with anything that can put them in trouble.

If you want to store big amount of bitcoin then you have to purchase your own hardware wallet. And regarding with the confirmation time, just pay higher fees if you want your transaction to get confirmation quickly.

I am also the user for the blockchain wallet for the long time but I really feel inconvenient due to their high transaction fees consumption from the past two months. If the block size has been increased we will find the transaction fees decreased and transaction speed also will increase in future.
Except transaction fees, I think that blockchain wallet is one of the best wallet for the web wallet users.

For security concerns, you do not go to any online wallet. You should prefer the paper or hardware wallets.

SM23031997

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Don't know why people prefer electrum over blockchain.info, I will always keep them in the same category. If you can't keep your system and password safe then possible you are at risk whether you use electrum or blockchain.info. If you can keep your system virus free then both are secure, if not then get a hardware wallet dude.

sunsilk

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Blockchain.info is a web wallet and it has been preferred by most of the people here its because we can't find any trouble with their service, they are providing an easy wallet and doesn't give any problems at all.

But still it is a web wallet and you should be aware that web wallets are still vulnerable with anything that can put them in trouble.

If you want to store big amount of bitcoin then you have to purchase your own hardware wallet. And regarding with the confirmation time, just pay higher fees if you want your transaction to get confirmation quickly.

ajqjjj

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Not your Keys, not your Bitcoin

Quote from: Ararbermas on December 17, 2017, 08:25:34 AM

I am using blockchain.info wallet which is very reliable cause it has 12 backup phrase to restore my fund incase i forgot my password. But it has a disadvantage which is the high fees , that's why im not comfortable sending bitcoin to another wallet. I suggest to make back up the important things such as 12 phrase and private key cause they also support eth.

In the same section you may find the many people reporting the blockchain wallet has been not accessible after some years and lost the bitcoins. Keep some bitcoins in desktop wallet bro. You will find the most security in the desktop wallet like multi bit or electrum.
You can keep avoid the online wallets and go with the desktop wallet or hardware wallet.

Oceat

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You shouldn't worry much about of it you found the right wallet and it is a a legit one just don't bother those negative feedback but if you like a wallet with a password you should consider choosing Electrum. This is far the best if you want to keep your Bitcoin in a hard wallet and wanted to hold it for a long-term investments reason. Just don't forget your passphrase to write down on a piece of paper then hide it as your personal item and never share it to anyone except for your trusted friends or family members.

Ararbermas

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I am using blockchain.info wallet which is very reliable cause it has 12 backup phrase to restore my fund incase i forgot my password. But it has a disadvantage which is the high fees , that's why im not comfortable sending bitcoin to another wallet. I suggest to make back up the important things such as 12 phrase and private key cause they also support eth.

lam ait

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Quote from: Doctor.Strange on December 17, 2017, 04:50:46 AM

Quote from: lam ait on December 17, 2017, 12:27:26 AM

Quote from: Silber on December 14, 2017, 09:39:27 AM

Ys, it is reliable. But I would not use online Wallets, hardware Wallets and Paper Wallets are more secure.

Hi all,

On 29Nov my Blockchain wallet receipt 0.07375763 btc then i logout my ID then did not log in again from 29nov 2017 until to day 17Dec 2017

yesterday 17Dec 2017 i logged in to my account and very surprise that i lose all my btc on 6Dec 2017.

The transaction is: https://blockchain.info/tx/4643b70c19034eb963f36b4b4a475999ba02e7f79472d2f29fc5056a21d64df2

I am sure that i have been protect my account very well:

1/ i have been changed the password of my gmail often
2/ I setup 2 fa (two time) and the barcode picture is put in my usb and keep it at home (no connecting internet).

3/ i did not got any email for approval the login to blockchain from 29Nov 2017 to 7 Dec 2017 (i am working online all day and even at the nightime, i immediately check the new email).

4/ i use macbook for log in to my account (will full kaspensky protection)

did all of you read read the paper about R and S transaction as in the link:
https://www.coindesk.com/good-samaritan-blockchain-hacker-returned-255-btc-speaks/

I think R and S transaction mistake happen with my account and hackers can withdraw my btc. i also read that blockchain have been working hard and refund for the loss accounts. However, when i sent email to blockchain support, they answer me that i have some type of malware on your computer that resulted in your funds being stolen, because your private information was somehow obtained.

anyone have same problems with me?

Lolx, another cock and bull story from newbie account.

you will change your mind when the you the problems happen with your blockchain ID, i have no time for bull story.

Doctor.Strange

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Go Big or Go Home

Quote from: lam ait on December 17, 2017, 12:27:26 AM

Quote from: Silber on December 14, 2017, 09:39:27 AM

Ys, it is reliable. But I would not use online Wallets, hardware Wallets and Paper Wallets are more secure.

Hi all,

On 29Nov my Blockchain wallet receipt 0.07375763 btc then i logout my ID then did not log in again from 29nov 2017 until to day 17Dec 2017

yesterday 17Dec 2017 i logged in to my account and very surprise that i lose all my btc on 6Dec 2017.

The transaction is: https://blockchain.info/tx/4643b70c19034eb963f36b4b4a475999ba02e7f79472d2f29fc5056a21d64df2

I am sure that i have been protect my account very well:

1/ i have been changed the password of my gmail often
2/ I setup 2 fa (two time) and the barcode picture is put in my usb and keep it at home (no connecting internet).

3/ i did not got any email for approval the login to blockchain from 29Nov 2017 to 7 Dec 2017 (i am working online all day and even at the nightime, i immediately check the new email).

4/ i use macbook for log in to my account (will full kaspensky protection)

did all of you read read the paper about R and S transaction as in the link:
https://www.coindesk.com/good-samaritan-blockchain-hacker-returned-255-btc-speaks/

I think R and S transaction mistake happen with my account and hackers can withdraw my btc. i also read that blockchain have been working hard and refund for the loss accounts. However, when i sent email to blockchain support, they answer me that i have some type of malware on your computer that resulted in your funds being stolen, because your private information was somehow obtained.

anyone have same problems with me?

Lolx, another cock and bull story from newbie account.

Doctor.Strange

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Go Big or Go Home

Use Mycelium on android and Electrum on Desktop, both are secure

If you need more safety then buy a hw wallet, i.e ledger nano s or trezor

lam ait

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Quote from: Silber on December 14, 2017, 09:39:27 AM

Ys, it is reliable. But I would not use online Wallets, hardware Wallets and Paper Wallets are more secure.

Hi all,

On 29Nov my Blockchain wallet receipt 0.07375763 btc then i logout my ID then did not log in again from 29nov 2017 until to day 17Dec 2017

yesterday 17Dec 2017 i logged in to my account and very surprise that i lose all my btc on 6Dec 2017.

The transaction is: https://blockchain.info/tx/4643b70c19034eb963f36b4b4a475999ba02e7f79472d2f29fc5056a21d64df2

I am sure that i have been protect my account very well:

1/ i have been changed the password of my gmail often
2/ I setup 2 fa (two time) and the barcode picture is put in my usb and keep it at home (no connecting internet).

3/ i did not got any email for approval the login to blockchain from 29Nov 2017 to 7 Dec 2017 (i am working online all day and even at the nightime, i immediately check the new email).

4/ i use macbook for log in to my account (will full kaspensky protection)

did all of you read read the paper about R and S transaction as in the link:
https://www.coindesk.com/good-samaritan-blockchain-hacker-returned-255-btc-speaks/

I think R and S transaction mistake happen with my account and hackers can withdraw my btc. i also read that blockchain have been working hard and refund for the loss accounts. However, when i sent email to blockchain support, they answer me that i have some type of malware on your computer that resulted in your funds being stolen, because your private information was somehow obtained.

anyone have same problems with me?

Zadicar

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Quote from: Nekro97 on December 15, 2017, 03:33:43 AM

Thanks again for those answers.

I don't think i should transfer my coins to electrum yet. It seems like many (or even all) big online wallets/brokers are saturated right now, and i see a lot of people complaining about very slow money transfers (or even ""stolen"" money!!).

I think i'm going to buy my btc and alts from CEX.IO. Is that a reliable site? I definitely won't use Kraken indeed.

You can buy anytime some btc on an legit exchange but the thing here is that you should let those btc idle on your exchange wallet it would really be risky since you dont have the private key of that unlike if you do use electrum it would be on other way you might charge some big fees but for me it would really be worth of than on losing it all or you dont have a confidence on storing it in on exchange wallet theyre really entire different.

magneto

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Quote from: Nekro97 on December 14, 2017, 06:06:36 AM

Hi,

As the title says, i wanna know more about that site, since i'm using it at the moment to store some money.

But i've seen a significant amount of very negative reviews about it. However, i keep seeing people recommending it, and it's sometimes referred as one of the best. I really don't know what to think about them. Btw i wonder if some reviews are legit or fake. Should i keep using Blockchain? Or move to something else?

I need to buy some btc and eth right now and Kraken barely works/is taking too much time to verify me. I heard about people who paid for btc but never got anything or had to wait for weeks...

Don't store large amounts because the exporting process for private keys is absolutely hideous. They used to just have this one tab where you could export your private key unencrypted in WIF format but now, you have to go through your backup seed to get your private keys.

Also, there is always a chance that somehow, your account gets hacked. There is always less security with in browser wallets than desktop or cold/hardware wallets.

If you are buying small amounts under $1k and storing it, blockchain.info is reliable. But over that amount, use electrum/ledger/trezor.

tabas

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Quote from: Nekro97 on December 15, 2017, 11:25:19 AM

But they're seemingly having big issues right now because of tons of newcomers and long-time users suddenly transferring too much money for them to handle. And some people seemingly lose money (and i mean lose forever).

They are still into adopting the waves of people that are coming in through their system and not just the transactions but also their database is having some issues regarding to the volume of people that are signing up under their wallet. I have no issues with them but upon checking them they are warning with the fees because most of the people now are complaining about it.

Nekro97

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But they're seemingly having big issues right now because of tons of newcomers and long-time users suddenly transferring too much money for them to handle. And some people seemingly lose money (and i mean lose forever).

steveabrahams

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Quote from: Nekro97 on December 14, 2017, 06:06:36 AM

Hi,

As the title says, i wanna know more about that site, since i'm using it at the moment to store some money.

But i've seen a significant amount of very negative reviews about it. However, i keep seeing people recommending it, and it's sometimes referred as one of the best. I really don't know what to think about them. Btw i wonder if some reviews are legit or fake. Should i keep using Blockchain? Or move to something else?

I need to buy some btc and eth right now and Kraken barely works/is taking too much time to verify me. I heard about people who paid for btc but never got anything or had to wait for weeks...

Based on my experience, i never had an issue on blockchain. I used blockchain 4 years until now and keep my coins on blockchain wallet and never had a problem until now. I'm not trying to bias but it's real my experience using blockchain. Blockchain is the best web wallet imo.

Nekro97

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Thanks again for those answers.

I don't think i should transfer my coins to electrum yet. It seems like many (or even all) big online wallets/brokers are saturated right now, and i see a lot of people complaining about very slow money transfers (or even ""stolen"" money!!).

I think i'm going to buy my btc and alts from CEX.IO. Is that a reliable site? I definitely won't use Kraken indeed.

marky89

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Quote from: Nekro97 on December 14, 2017, 06:06:36 AM

As the title says, i wanna know more about that site, since i'm using it at the moment to store some money.

But i've seen a significant amount of very negative reviews about it. However, i keep seeing people recommending it, and it's sometimes referred as one of the best. I really don't know what to think about them. Btw i wonder if some reviews are legit or fake. Should i keep using Blockchain? Or move to something else?

It has decent UI and a major brand. That's why lots of newbies (who haven't had problems yet) heap praise on it. No veteran in the bitcoin space will ever recommend blockchain.info to you. It's better than a custodial web wallet (like Xapo) because you control your private keys. But technically, blockchain.info isn't completely open-sourced, so I wouldn't assume that you are in sole possession of the keys either.

Quote from: Nekro97 on December 14, 2017, 06:06:36 AM

I need to buy some btc and eth right now and Kraken barely works/is taking too much time to verify me. I heard about people who paid for btc but never got anything or had to wait for weeks...

Kraken is having performance issues like most exchanges right now. It's clear that exchanges can't cope with the influx of user volume right now. In any case, you shouldn't use Kraken to store the coins.

For newbies, I recommend Electrum for BTC and MyEtherWallet for ETH.

Hamphser

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Quote from: Nekro97 on December 14, 2017, 06:06:36 AM

Hi,

As the title says, i wanna know more about that site, since i'm using it at the moment to store some money.

But i've seen a significant amount of very negative reviews about it. However, i keep seeing people recommending it, and it's sometimes referred as one of the best. I really don't know what to think about them. Btw i wonder if some reviews are legit or fake. Should i keep using Blockchain? Or move to something else?

I need to buy some btc and eth right now and Kraken barely works/is taking too much time to verify me. I heard about people who paid for btc but never got anything or had to wait for weeks...

I would rather choose up electrum rather than on Blockchain web wallet. I do feel much safer on using electrum even though blockchain is still good but I don't really like the issues involve on it back in the past specially on security and lost of bitcoin. Back in the past this is my first web wallet which is blockchain which most people will normally suggest it but well this is your own preference on what would suit your needs but if I were you better to use electrum instead.

SHAWN-MIDWAYS

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Its quite reliable probably the reason why its among the widely used wallets but when you read articles like this one https://cointelegraph.com/news/major-wallet-vulnerability-revealed-as-user-barely-reclaims-9-btc it puts some fear in its users just hope the Blockchain.info dev team do something to protect its users and new update already rolled out

Nekro97

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Yes, i wrote the words seed twice on two different papers and added a password!

Quote from: bitfocus on December 14, 2017, 10:14:20 AM

That's a good one, but please try to use Either Paper Wallet or Hardware Wallet if you really want to keep your Bitcoins safe.

Yup, i think i'll order a Ledger Nano once i really get started. For now i don't have much.

Quote from: Silber on December 14, 2017, 10:12:45 AM

Quote from: Nekro97 on December 14, 2017, 10:10:59 AM

i'm extra paranoid about my hardware.

You can use a Paper Wallet

But it's way too annoying.

TryNinja

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Quote from: Nekro97 on December 14, 2017, 10:10:59 AM

Thanks a lot for your answers everyone. I think i'm going to stay away from blockchain.

Concerning the wallets, i'm really interested into Electrum but... the problem is... i'm extra paranoid about my hardware. I really don't want to face hdd failure. I heard i can back up the wallet so i think i should get some reliable usb keys for that. And of course i know about the wallet recovery systems but i really wanna avoid such "issues". I'm going to give it a try anyway.

EDIT: Electrum installed and wallet created

When creating your Electrum wallet, you will be asked to backup your 12 words seed. This is all you need to recover your wallet if anything happens to your device.

Write down this seed and keep it in a safe place (and preferably in multiple places) where no one can find and steal your coins. By doing that, even if you face a HDD failure, you can easily recover your coins. You can also encrypt your wallet with a password and keep the file in multiple flash drives.

bitfocus

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That's a good one, but please try to use Either Paper Wallet or Hardware Wallet if you really want to keep your Bitcoins safe.

Silber

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Quote from: Nekro97 on December 14, 2017, 10:10:59 AM

i'm extra paranoid about my hardware.

You can use a Paper Wallet

Nekro97

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Thanks a lot for your answers everyone. I think i'm going to stay away from blockchain.

Concerning the wallets, i'm really interested into Electrum but... the problem is... i'm extra paranoid about my hardware. I really don't want to face hdd failure. I heard i can back up the wallet so i think i should get some reliable usb keys for that. And of course i know about the wallet recovery systems but i really wanna avoid such "issues". I'm going to give it a try anyway.

EDIT: Electrum installed and wallet created

Silber

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Ys, it is reliable. But I would not use online Wallets, hardware Wallets and Paper Wallets are more secure.

Rahar02

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It's been a long time since I've moved towards new wallet and left blockchain.info for good.
Electrum is way better in my experience, there are some features that do not exist in blockchain.info such as export and sweep private keys, sign/verify message, easy to use/backup and can be integrated into your smartphone and computer, set custom fees and many others.
You can download electrum here: https://electrum.org/#download
Can be installed on Linux, Windows, Android and OSX.

dothebeats

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Honest answer: reliable until something.happens into their system. In ahort, I wouldn't entrust the service with my money, no matter how long they've been operating. An online wallet is still an online wallet, prone to attacks and such thus safe unless hacked. You can download a wallet on your pc or on your phone. Just keep track of your internet activities and you'll be fine.

If you want to buy BTC in the US/Canada, I'd suggest Bitstamp. Kraken is also okay, but then again verification takes too long.

crairezx20

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Honestly blockchain.info is not one of the best wallet if you only wanted to save your bitcoin for a long time safety i recommend to use electrum wallet instead you are right that you heard some issue about blockchain but not all experience the same thing..

Where honestly do you live if you are living in US you can buy bitcoins directly to coinbase but it needs identity verification..
If you live in india you can use zebpay you can instantly buy bitcoins there or here in my country philippines you can use coins.ph which is you can instantly convert your money deposit to bitcoin..

for ethereum MEW is the only wallet that i know is safe which is you had the private keys that anytime soon if you forgot your wallet you can recover your wallet with your private key.. Like electrum for bitcoin you can save the seed phrase for future recover..

TryNinja

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Quote from: Nekro97 on December 14, 2017, 06:06:36 AM

However, i keep seeing people recommending it, and it's sometimes referred as one of the best.

Blockchain.info is far from being the best. The only people recommending it are the spammers who don't have anything constructive to post other than "blockchain is best" with a broken english in "which wallet should i use" posts.

Quote from: Nekro97 on December 14, 2017, 06:06:36 AM

I really don't know what to think about them. Btw i wonder if some reviews are legit or fake. Should i keep using Blockchain? Or move to something else?

Don't. You must have full access over your coins if you want to keep them safe. Use Electrum for Bitcoin and MyEtherWallet for Ethereum.

Nekro97

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Hi,

As the title says, i wanna know more about that site, since i'm using it at the moment to store some money.

But i've seen a significant amount of very negative reviews about it. However, i keep seeing people recommending it, and it's sometimes referred as one of the best. I really don't know what to think about them. Btw i wonder if some reviews are legit or fake. Should i keep using Blockchain? Or move to something else?

I need to buy some btc and eth right now and Kraken barely works/is taking too much time to verify me. I heard about people who paid for btc but never got anything or had to wait for weeks...

Topic: Is Blockchain.info reliable? (Read 294 times)